How to Invest in HSBC ELSS Tax Saver Fund Direct Growth?

You can easily invest in HSBC ELSS Tax Saver Fund Direct Growth in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps: Log on to your Groww account Search for HSBC ELSS Tax Saver Fund Direct Growth from the search box In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete Once you are done with that, you can start investing in HSBC ELSS Tax Saver Fund Direct Growth as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does HSBC ELSS Tax Saver Fund Direct Growth provide?

The HSBC ELSS Tax Saver Fund Direct Growth has been there from 01 Jan 2013 and the average annual returns provided by this fund is 14.43% since its inception.

How much expense ratio is charged by HSBC ELSS Tax Saver Fund Direct Growth?

The term Expense Ratio used for HSBC ELSS Tax Saver Fund Direct Growth or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund. The Expense Ratio of HSBC ELSS Tax Saver Fund Direct Growth is 1.21% as of 11 Jun 2026...

What is the AUM of HSBC ELSS Tax Saver Fund Direct Growth?

The AUM, short for Assets Under Management of HSBC ELSS Tax Saver Fund Direct Growth is ₹3,938.60Cr as of 11 Jun 2026.

How to Redeem HSBC ELSS Tax Saver Fund Direct Growth?

If you want to sell your HSBC ELSS Tax Saver Fund Direct Growth holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.

Can I invest in SIP and Lump Sum of HSBC ELSS Tax Saver Fund Direct Growth?

You can select either SIP or Lumpsum investment of HSBC ELSS Tax Saver Fund Direct Growth based on your investment objective and risk tolerance.

What is the NAV of HSBC ELSS Tax Saver Fund Direct Growth?

The NAV of HSBC ELSS Tax Saver Fund Direct Growth is ₹145.86 as of 10 Jun 2026.

What is the PE and PB ratio of HSBC ELSS Tax Saver Fund Direct Growth?

The PE ratio ratio of HSBC ELSS Tax Saver Fund Direct Growth is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

HSBC ELSS Tax Saver Fund Direct Growth

Name: HSBC ELSS Tax Saver Fund Direct Growth
Brand: HSBC Mutual Fund

+16.61%

3Y annualised

-1.25% 1D

All

NAV: 10 Jun '26

₹145.86

Min. for SIP

₹500

Fund size (AUM)

₹3,938.60 Cr

Expense ratio

1.21%

Rating

Return calculator

Monthly investment

₹5,000

Over the past	Total investment	Would've become	Returns
1 year	₹60,000	₹60,676	+1.13%
3 years	₹1,80,000	₹2,06,041	+14.47%
5 years	₹3,00,000	₹4,18,816	+39.61%
10 years	₹6,00,000	₹12,43,575	+107.26%

Holdings (78)

Name	Sector	Instruments	Assets
ICICI Bank Ltd	Financial	Equity	3.71%
HDFC Bank Ltd	Financial	Equity	3.66%
Reliance Industries Ltd	Energy & Utilities	Equity	3.46%
Larsen & Toubro Ltd	Industrials	Equity	2.75%
Shriram Transport Finance Company Ltd	Financial	Equity	2.49%
Avalon Technologies Ltd.	Industrials	Equity	2.46%
GE T&D India Ltd	Industrials	Equity	2.38%
State Bank of India	Financial	Equity	2.32%
Bharti Airtel Ltd	Technology	Equity	2.24%
Amber Enterprises India Ltd	Consumer Discretionary	Equity	2.22%
Infosys Ltd	Technology	Equity	2.15%
Jindal Steel & Power Ltd	Materials	Equity	2.01%
Zomato Ltd	Technology	Equity	1.98%
Karur Vysya Bank Ltd	Financial	Equity	1.93%
PNB Housing Finance Ltd	Financial	Equity	1.92%
Axis Bank Ltd	Financial	Equity	1.92%
Thangamayil Jewellery Ltd	Consumer Discretionary	Equity	1.76%
Schaeffler India Ltd	Industrials	Equity	1.76%
Pearl Global Industries Ltd	Consumer Discretionary	Equity	1.69%
Indian Bank	Financial	Equity	1.62%
TVS Motor Company Ltd	Consumer Discretionary	Equity	1.62%
Persistent Systems Ltd	Technology	Equity	1.62%
Max Healthcare Institute Ltd	Healthcare	Equity	1.55%
Oil & Natural Gas Corporation Ltd	Energy & Utilities	Equity	1.55%
Sun Pharmaceutical Industries Ltd	Healthcare	Equity	1.46%
Repo	Unspecified	Repo	1.43%
Engineers India Ltd	Industrials	Equity	1.36%
Balrampur Chini Mills Ltd	Consumer Staples	Equity	1.31%
Bharat Heavy Electricals Ltd	Industrials	Equity	1.29%
NTPC Ltd	Energy & Utilities	Equity	1.28%
CG Power & Industrial Solutions Ltd	Industrials	Equity	1.23%
Nippon Life India Asset Management Ltd	Financial	Equity	1.22%
Cholamandalam Investment & Finance Company Ltd	Financial	Equity	1.19%
Tata Steel Ltd	Materials	Equity	1.17%
Ultratech Cement Ltd	Materials	Equity	1.16%
The Indian Hotels Company Ltd	Consumer Discretionary	Equity	1.14%
JSW Energy Ltd	Energy & Utilities	Equity	1.10%
Lupin Ltd	Healthcare	Equity	1.09%
Jindal Saw Ltd	Materials	Equity	1.07%
Power Finance Corporation Ltd	Financial	Equity	1.05%
Mahindra & Mahindra Ltd	Consumer Discretionary	Equity	1.04%
Bikaji Foods International Ltd	Consumer Staples	Equity	1.03%
Kaynes Technology India Ltd	Industrials	Equity	1.02%
Tech Mahindra Ltd	Technology	Equity	1.01%
Triveni Turbine Ltd	Industrials	Equity	0.99%
Polycab India Ltd	Industrials	Equity	0.99%
Lemon Tree Hotels Ltd	Consumer Discretionary	Equity	0.97%
Bharat Electronics Ltd	Industrials	Equity	0.97%
ICICI Prudential Asset Management Company Ltd.	Financial	Equity	0.92%
Kei Industries Ltd	Industrials	Equity	0.89%
Craftsman Automation Ltd	Consumer Discretionary	Equity	0.87%
KPIT Technologies Ltd	Technology	Equity	0.86%
ABB India Ltd	Industrials	Equity	0.85%
RBL Bank Ltd	Financial	Equity	0.84%
Hindustan Aeronautics Ltd	Industrials	Equity	0.83%
LTIMindtree Ltd	Technology	Equity	0.81%
Gujarat State Petronet Ltd	Energy & Utilities	Equity	0.81%
Vinati Organics Ltd	Materials	Equity	0.79%
Safari Industries (India) Ltd	Consumer Discretionary	Equity	0.76%
Century Plyboards (India) Ltd	Materials	Equity	0.76%
Sobha Ltd	Real Estate	Equity	0.72%
Blue Star Ltd	Industrials	Equity	0.72%
Swiggy Ltd.	Technology	Equity	0.71%
Godrej Properties Ltd	Real Estate	Equity	0.68%
Exide Industries Ltd	Consumer Discretionary	Equity	0.68%
UNO Minda Ltd	Consumer Discretionary	Equity	0.67%
Mankind Pharma Ltd.	Healthcare	Equity	0.66%
DOMS Industries Ltd.	Industrials	Equity	0.63%
Zensar Technologies Ltd	Technology	Equity	0.61%
Bajaj Auto Ltd	Consumer Discretionary	Equity	0.60%
Coforge Ltd	Technology	Equity	0.54%
Vishal Mega Mart Ltd.	Consumer Staples	Equity	0.53%
Tata Consumer Products Ltd	Consumer Staples	Equity	0.50%
Trent Ltd	Consumer Discretionary	Equity	0.49%
Siemens Ltd	Diversified	Equity	0.48%
Syngene International Ltd	Healthcare	Equity	0.47%
Meghmani Finechem Ltd	Materials	Equity	0.38%
Net Payables	Unspecified	Net Payables	-0.40%

See All

Minimum investments

Min. for 1st investment

₹500

Min. for 2nd investment

₹500

Min. for SIP

₹500

Returns and rankings

Annualised returns

Absolute returns

Name	3Y	5Y	10Y	All
Fund returns	+16.6%	+13.7%	+14.1%	+14.4%
Category average (Equity ELSS)	+16.4%	+16.5%	+14.0%	--
Rank (Equity ELSS)	6	7	--	--

Exit load, stamp duty and tax

Exit load

Nil

Stamp duty on investment: 0.005% (from July 1st, 2020)

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%.

Check past data

Compare similar funds

	Name	1Y	3Y	Fund Size(Cr)
	Motilal Oswal ELSS Tax Saver Fund Direct Growth	+2.26%	+23.44%	4,658.52
	SBI ELSS Tax Saver Fund Direct Growth	-4.27%	+18.16%	31,093.90
	WhiteOak Capital ELSS Tax Saver Fund Direct Growth	-2.45%	+17.90%	450.45
	HDFC ELSS Tax Saver Fund Direct Plan Growth	-6.23%	+15.49%	15,366.50
	Parag Parikh ELSS Tax Saver Fund Direct Growth	-9.89%	+12.03%	5,617.03
Compare

Fund management

AG
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

HSBC Flexi Cap Fund Direct Growth

HSBC Conservative Hybrid Fund Direct Growth

HSBC India Export Opportunities Fund Direct Growth

HSBC ELSS Tax Saver Fund Direct Growth

MC
Mayank Chaturvedi
Oct 2025 - Present
View details

Education

Chartered Accountant (ICAI) CFA Level 2 (Charlottsville, USA) B.Com (Ahmedabad University)

Experience

Prior joining the HSBC AMC, he was associated with Equirus Securities Ltd.

Also manages these schemes

About HSBC ELSS Tax Saver Fund Direct Growth

HSBC ELSS Tax Saver Fund Direct Growth is a Equity Mutual Fund Scheme launched by HSBC Mutual Fund. This scheme was made available to investors on 27 May 2002. Abhishek Gupta is the Current Fund Manager of HSBC ELSS Tax Saver Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹1,40,598 Cr and the Latest NAV as of 10 Jun 2026 is ₹145.86. The HSBC ELSS Tax Saver Fund Direct Growth is rated Very High risk. Minimum SIP Investment is set to ₹500. Minimum Lumpsum Investment is ₹500. ;