HSBC ELSS Tax Saver Fund Direct Growth

Equity
ELSS
Very High Risk
3Y Lock In
18.73%
3Y annualised
+0.63% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 23 Feb 2024₹116.35
Min. SIP amount₹1,000
Rating2
Fund size₹3,643.90Cr

Return calculator

Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of 0
Would have become (%)

Returns and rankings

Category: Equity ELSS
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns39.6%18.7%17.6%15.3%
Category average38.6%19.3%18.8%NA
Rank with in category172225NA
Understand terms

Holdings (87)

NameSectorInstrumentAssets
ConstructionEquity5.48%
FinancialEquity4.93%
EnergyEquity4.21%
TechnologyEquity3.46%
TechnologyEquity3.30%
FinancialEquity3.26%
Capital GoodsEquity3.20%
TechnologyEquity2.84%
Capital GoodsEquity2.80%
FinancialEquity2.59%
See All

Pros and cons

Category: Equity ELSS

Pros

Cons

Exit load is zero
3Y, 5Y and 10Y annualised returns lower than category average
Lower expense ratio: 1.12%
Lock-in period: 3Y
1Y annualised returns higher than category average by 0.92%
Low rating: 2

Expense ratio, exit load and tax

Expense ratio: 1.12%

Inclusive of GST

Exit load

Nil

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investment₹500
Min. for 2nd investment onwards₹500
Min. for SIP₹1,000

Fund management

Fund house & investment objective

Fund house contact details

Address
9-11th Floor,NESCO - IT Park Bldg. 3,Western Express Highway, Goregaon East, Mumbai 400063
Phone
NA
Launch Date
27 May 2002
HSBC Mutual Fund
Asset Management Company
Custodian
Citibank NA
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,

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