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| NAV: 19 Nov 2024 | ₹139.99 |
| Min. SIP amount | ₹500 |
| Rating | 3 |
| Fund size | ₹4,485.23Cr |
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
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund returns | 37.6% | 17.6% | 19.6% | 16.1% |
| Category average | 27.4% | 14.6% | 19.0% | NA |
| Rank with in category | 3 | 11 | 19 | NA |
Understand terms
Peer Comparison
| Equity, ELSS funds | Rating | 1Y | 3Y | Fund Size(Cr) |
|---|---|---|---|---|
SBI Long Term Equity Fund Direct Plan Growth | 5 | 40.4% | 23.0% | 28,732.52 |
Quant ELSS Tax Saver Fund Direct Growth | 5 | 26.4% | 18.7% | 11,560.66 |
Parag Parikh ELSS Tax Saver Fund Direct Growth | 5 | 27.4% | 18.2% | 4,362.18 |
Franklin India ELSS Tax Saver Fund Direct Growth | 4 | 32.0% | 17.9% | 7,241.79 |
Bandhan ELSS Tax Saver Fund Direct Plan Growth | 4 | 22.7% | 15.6% | 7,353.93 |
Holdings (85)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
HDFC Bank Ltd. | Financial | Equity | 4.74% |
ICICI Bank Ltd. | Financial | Equity | 3.51% |
Infosys Ltd. | Technology | Equity | 3.20% |
Reliance Industries Ltd. | Energy | Equity | 2.98% |
Larsen & Toubro Ltd. | Construction | Equity | 2.57% |
Trent Ltd. | Services | Equity | 2.16% |
Persistent Systems Ltd. | Technology | Equity | 2.02% |
Shriram Finance Ltd | Financial | Equity | 1.91% |
State Bank of India | Financial | Equity | 1.90% |
Zomato Ltd. | Services | Equity | 1.79% |
Bharti Airtel Ltd. | Communication | Equity | 1.77% |
Transformers And Rectifiers India Ltd. | Capital Goods | Equity | 1.72% |
CG Power and Industrial Solutions Ltd. | Capital Goods | Equity | 1.58% |
Power Finance Corporation Ltd. | Financial | Equity | 1.56% |
KPIT Technologies Ltd. | Technology | Equity | 1.54% |
Blue Star Ltd. | Consumer Discretionary | Equity | 1.49% |
Max Healthcare Institute Ltd. | Healthcare | Equity | 1.47% |
NTPC Ltd. | Energy | Equity | 1.47% |
Balrampur Chini Mills Ltd. | Consumer Staples | Equity | 1.46% |
Jindal Saw Ltd. | Metals & Mining | Equity | 1.41% |
Jindal Steel & Power Ltd. | Metals & Mining | Equity | 1.40% |
Hindustan Aeronautics Ltd. | Capital Goods | Equity | 1.40% |
Sun Pharmaceutical Industries Ltd. | Healthcare | Equity | 1.38% |
Kei Industries Ltd. | Capital Goods | Equity | 1.36% |
Axis Bank Ltd. | Financial | Equity | 1.35% |
Kaynes Technology India Ltd. | Capital Goods | Equity | 1.28% |
JSW Energy Ltd. | Capital Goods | Equity | 1.24% |
Nippon Life India Asset Management Ltd. | Financial | Equity | 1.23% |
Bharat Electronics Ltd. | Capital Goods | Equity | 1.21% |
Bikaji Foods International Ltd. | Consumer Staples | Equity | 1.20% |
Triveni Turbine Ltd. | Construction | Equity | 1.19% |
Karur Vysya Bank Ltd. | Financial | Equity | 1.15% |
The Indian Hotels Company Ltd. | Services | Equity | 1.12% |
BSE Ltd. | Services | Equity | 1.11% |
Cholamandalam Investment and Finance Company Ltd. | Financial | Equity | 1.11% |
Safari Industries (India) Ltd. | Consumer Discretionary | Equity | 1.10% |
Oil And Natural Gas Corporation Ltd. | Energy | Equity | 1.10% |
Vinati Organics Ltd. | Chemicals | Equity | 1.09% |
Amber Enterprises India Ltd. | Consumer Discretionary | Equity | 1.06% |
Mahindra & Mahindra Ltd. | Automobile | Equity | 1.03% |
Bajaj Auto Ltd. | Automobile | Equity | 1.03% |
Tech Mahindra Ltd. | Technology | Equity | 1.02% |
Gujarat State Petronet Ltd. | Energy | Equity | 1.02% |
Godrej Properties Ltd. | Construction | Equity | 0.98% |
Bharat Heavy Electricals Ltd. | Capital Goods | Equity | 0.97% |
Engineers India Ltd. | Construction | Equity | 0.97% |
Lupin Ltd. | Healthcare | Equity | 0.96% |
Dabur India Ltd. | Consumer Staples | Equity | 0.91% |
Sterling and Wilson Renewable Energy Ltd. | Capital Goods | Equity | 0.91% |
Indian Bank | Financial | Equity | 0.90% |
Avalon Technologies Ltd. | Capital Goods | Equity | 0.88% |
Pearl Global Industries Ltd. | Textiles | Equity | 0.88% |
GE Vernova T&D India Ltd. | Capital Goods | Equity | 0.88% |
DLF Ltd. | Construction | Equity | 0.87% |
Schaeffler India Ltd. | Capital Goods | Equity | 0.86% |
Siemens Ltd. | Capital Goods | Equity | 0.82% |
Varroc Engineering Ltd. | Automobile | Equity | 0.82% |
TVS Motor Company Ltd. | Automobile | Equity | 0.81% |
Syngene International Ltd. | Healthcare | Equity | 0.81% |
Exide Industries Ltd. | Capital Goods | Equity | 0.80% |
ABB India Ltd. | Capital Goods | Equity | 0.80% |
Zensar Technologies Ltd. | Technology | Equity | 0.78% |
Sobha Ltd. | Construction | Equity | 0.74% |
PNB Housing Finance Ltd. | Financial | Equity | 0.73% |
Thangamayil Jewellery Ltd. | Consumer Discretionary | Equity | 0.73% |
Ultratech Cement Ltd. | Construction | Equity | 0.72% |
Mankind Pharma Ltd. | Healthcare | Equity | 0.72% |
The Karnataka Bank Ltd. | Financial | Equity | 0.71% |
IIFL Finance Ltd. | Financial | Equity | 0.70% |
Suzlon Energy Ltd. | Capital Goods | Equity | 0.67% |
Century Plyboards (India) Ltd. | Consumer Staples | Equity | 0.67% |
Escorts Kubota Ltd. | Automobile | Equity | 0.65% |
360 One Wam Ltd | Financial | Equity | 0.64% |
Epigral Ltd. | Chemicals | Equity | 0.61% |
Lemon Tree Hotels Ltd. | Services | Equity | 0.60% |
Jindal Stainless Ltd. | Metals & Mining | Equity | 0.58% |
Polycab India Ltd. | Capital Goods | Equity | 0.56% |
UNO Minda Ltd. | Automobile | Equity | 0.55% |
Craftsman Automation Ltd. | Automobile | Equity | 0.53% |
Cello World Ltd. | Consumer Discretionary | Equity | 0.50% |
DOMS Industries Ltd. | Consumer Staples | Equity | 0.44% |
JIO Financial Services Ltd. | Financial | Equity | 0.34% |
Concord Biotech Ltd. | Healthcare | Equity | 0.29% |
Pitti Engineering Ltd. | Capital Goods | Equity | 0.18% |
Sobha Ltd. - Partly Paid-up Equity Shares (Rights Issue) | Construction | PPE | 0.04% |
See All
Pros and cons
Category: Equity ELSS
Pros
Exit load is zero
Lower expense ratio: 1.1%
Consistently higher annualised returns than category average for the past 1Y, 3Y, 5Y and 10Y
1Y category rank: 4
Higher alpha: 3.96
The fund has generated returns higher than benchmark - NIFTY 500 Total Return Index - in the last 3Y
Cons
Lock-in period: 3Y
Expense ratio, exit load and tax
Expense ratio: 1.10%
Inclusive of GST
Exit load
Nil
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
If you redeem within one year, returns are taxed at 20%. If you redeem after one year, returns exceeding Rs 1.25 lakh in a financial year are taxed at 12.5%.
Understand terms
Check past data
Minimum investment amounts
| Min. for 1st investment | ₹500 |
| Min. for 2nd investment onwards | ₹500 |
| Min. for SIP | ₹500 |
Fund management
Gautam BhupalNov 2022 - PresentView details
Gautam Bhupal
Nov 2022 - Present
View details
Education
Mr. Bhupal holds a PGDBM and is a CA, CS and B.Com (Hons)
Experience
Prior to joining HSBC Mutual Fund he was working with IDFC Asset Management Company Ltd., Motilal Oswal Securities Ltd., Infosys Ltd., Vickers Ballas Securities Ltd., SBC Warburg, UTI Securities Ltd.
Also manages these schemes
Abhishek GuptaMar 2024 - PresentView details
Abhishek Gupta
Mar 2024 - Present
View details
Education
Mr. Gupta is a B. Com., PGDM (Finance) CFA (Investments)
Experience
Prior to joining HSBC Mutual Fund, he has worked with Edelweiss Asset Management Limited, Goldman Sachs, Baer Capital and Deutsche Asset Management.
Also manages these schemes
Sonal GuptaJul 2021 - PresentView details
Sonal Gupta
Jul 2021 - Present
View details
Education
Ms. Gupta has done PGDM (IIM Bangalore), CFA and Bachelors in Mechanical Engineering
Experience
Prior to joining HSBC Mutual Fund, she has worked with L&T Investment Management Limited and UBS Securities India Private Limited, Fidelity Investments and PWC
Also manages these schemes
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
E-mail
NA
HSBC Mutual Fund
Asset Management Company
Custodian
Citibank NA
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,
Email
[email protected]Website
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