1M
6M
1Y
3Y
5Y
All
| NAV: 13 Dec 2024 | ₹152.16 |
| 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 | 43.1% | 21.1% | 21.5% | 16.8% |
| Category average | 28.0% | 17.6% | 20.4% | NA |
| Rank with in category | 2 | 9 | 15 | NA |
Understand terms
Peer Comparison
| Equity, ELSS funds | Rating | 1Y | 3Y | Fund Size(Cr) |
|---|---|---|---|---|
SBI Long Term Equity Fund Direct Plan Growth | 5 | 38.9% | 26.1% | 28,732.52 |
Franklin India ELSS Tax Saver Fund Direct Growth | 4 | 32.6% | 21.2% | 7,241.79 |
Parag Parikh ELSS Tax Saver Fund Direct Growth | 5 | 26.4% | 19.4% | 4,362.18 |
Quant ELSS Tax Saver Fund Direct Growth | 5 | 21.2% | 18.7% | 11,560.66 |
Bandhan ELSS Tax Saver Fund Direct Plan Growth | 4 | 22.1% | 17.8% | 7,353.93 |
Holdings (84)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
HDFC Bank Ltd. | Financial | Equity | 4.85% |
ICICI Bank Ltd. | Financial | Equity | 3.49% |
Infosys Ltd. | Technology | Equity | 3.35% |
Reliance Industries Ltd. | Energy | Equity | 2.86% |
Larsen & Toubro Ltd. | Construction | Equity | 2.61% |
Persistent Systems Ltd. | Technology | Equity | 2.20% |
Zomato Ltd. | Services | Equity | 2.05% |
Trent Ltd. | Services | Equity | 2.04% |
State Bank of India | Financial | Equity | 1.92% |
Transformers And Rectifiers India Ltd. | Capital Goods | Equity | 1.84% |
Shriram Finance Ltd | Financial | Equity | 1.81% |
Bharti Airtel Ltd. | Communication | Equity | 1.77% |
Power Finance Corporation Ltd. | Financial | Equity | 1.67% |
CG Power and Industrial Solutions Ltd. | Capital Goods | Equity | 1.62% |
KPIT Technologies Ltd. | Technology | Equity | 1.49% |
Avalon Technologies Ltd. | Capital Goods | Equity | 1.42% |
Max Healthcare Institute Ltd. | Healthcare | Equity | 1.40% |
Kaynes Technology India Ltd. | Capital Goods | Equity | 1.39% |
Jindal Steel & Power Ltd. | Metals & Mining | Equity | 1.36% |
Jindal Saw Ltd. | Metals & Mining | Equity | 1.35% |
Balrampur Chini Mills Ltd. | Consumer Staples | Equity | 1.34% |
Axis Bank Ltd. | Financial | Equity | 1.31% |
Sun Pharmaceutical Industries Ltd. | Healthcare | Equity | 1.31% |
Bharat Electronics Ltd. | Capital Goods | Equity | 1.30% |
The Indian Hotels Company Ltd. | Services | Equity | 1.30% |
Triveni Turbine Ltd. | Construction | Equity | 1.30% |
NTPC Ltd. | Energy | Equity | 1.29% |
Safari Industries (India) Ltd. | Consumer Discretionary | Equity | 1.27% |
Karur Vysya Bank Ltd. | Financial | Equity | 1.19% |
JSW Energy Ltd. | Capital Goods | Equity | 1.18% |
Nippon Life India Asset Management Ltd. | Financial | Equity | 1.17% |
BSE Ltd. | Services | Equity | 1.15% |
Bikaji Foods International Ltd. | Consumer Staples | Equity | 1.12% |
Mahindra & Mahindra Ltd. | Automobile | Equity | 1.10% |
Blue Star Ltd. | Consumer Discretionary | Equity | 1.10% |
Pearl Global Industries Ltd. | Textiles | Equity | 1.09% |
Cholamandalam Investment and Finance Company Ltd. | Financial | Equity | 1.07% |
Tech Mahindra Ltd. | Technology | Equity | 1.07% |
Oil And Natural Gas Corporation Ltd. | Energy | Equity | 1.05% |
Amber Enterprises India Ltd. | Consumer Discretionary | Equity | 1.05% |
Vinati Organics Ltd. | Chemicals | Equity | 1.01% |
Bharat Heavy Electricals Ltd. | Capital Goods | Equity | 1.01% |
Hindustan Aeronautics Ltd. | Capital Goods | Equity | 1.00% |
Engineers India Ltd. | Construction | Equity | 0.99% |
Lemon Tree Hotels Ltd. | Services | Equity | 0.96% |
Godrej Properties Ltd. | Construction | Equity | 0.94% |
Bajaj Auto Ltd. | Automobile | Equity | 0.93% |
Gujarat State Petronet Ltd. | Energy | Equity | 0.92% |
Lupin Ltd. | Healthcare | Equity | 0.89% |
Siemens Ltd. | Capital Goods | Equity | 0.88% |
Schaeffler India Ltd. | Capital Goods | Equity | 0.88% |
Dabur India Ltd. | Consumer Staples | Equity | 0.88% |
Indian Bank | Financial | Equity | 0.87% |
Syngene International Ltd. | Healthcare | Equity | 0.87% |
GE Vernova T&D India Ltd. | Capital Goods | Equity | 0.86% |
Swiggy Ltd. | Services | Equity | 0.83% |
Zensar Technologies Ltd. | Technology | Equity | 0.83% |
Varroc Engineering Ltd. | Automobile | Equity | 0.81% |
ABB India Ltd. | Capital Goods | Equity | 0.79% |
TVS Motor Company Ltd. | Automobile | Equity | 0.78% |
Exide Industries Ltd. | Capital Goods | Equity | 0.78% |
Sobha Ltd. | Construction | Equity | 0.77% |
Sterling and Wilson Renewable Energy Ltd. | Capital Goods | Equity | 0.75% |
Kei Industries Ltd. | Capital Goods | Equity | 0.72% |
Ultratech Cement Ltd. | Construction | Equity | 0.72% |
Mankind Pharma Ltd. | Healthcare | Equity | 0.69% |
The Karnataka Bank Ltd. | Financial | Equity | 0.68% |
IIFL Finance Ltd. | Financial | Equity | 0.67% |
PNB Housing Finance Ltd. | Financial | Equity | 0.66% |
Thangamayil Jewellery Ltd. | Consumer Discretionary | Equity | 0.62% |
Suzlon Energy Ltd. | Capital Goods | Equity | 0.62% |
Polycab India Ltd. | Capital Goods | Equity | 0.62% |
Escorts Kubota Ltd. | Automobile | Equity | 0.61% |
Epigral Ltd. | Chemicals | Equity | 0.59% |
UNO Minda Ltd. | Automobile | Equity | 0.58% |
Jindal Stainless Ltd. | Metals & Mining | Equity | 0.58% |
Century Plyboards (India) Ltd. | Consumer Staples | Equity | 0.57% |
DLF Ltd. | Construction | Equity | 0.55% |
Craftsman Automation Ltd. | Automobile | Equity | 0.53% |
Cello World Ltd. | Consumer Discretionary | Equity | 0.47% |
DOMS Industries Ltd. | Consumer Staples | Equity | 0.47% |
JIO Financial Services Ltd. | Financial | Equity | 0.34% |
Concord Biotech Ltd. | Healthcare | Equity | 0.34% |
Pitti Engineering Ltd. | Capital Goods | Equity | 0.20% |
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: 2
Higher alpha: 3.79
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
www.camsonline.comCompare funds
HSBC ELSS Tax Saver Fund Direct Growth
VS
Add mutual fund to compare
MOST POPULAR ON GROWWVERSION - 5.5.9
STOCK MARKET INDICES: S&P BSE SENSEX | S&P BSE 100 | NIFTY 100 | NIFTY 50 | NIFTY MIDCAP 100 | NIFTY BANK | NIFTY NEXT 50
POPULAR MUTUAL FUNDS: QUANT SMALL CAP FUND | ICICI PRUDENTIAL COMMODITIES FUND | NIPPON INDIA SMALL CAP FUND | PARAG PARIKH FLEXI CAP FUND | GROWW NIFTY TOTAL MARKET INDEX FUND | SBI SMALL MIDCAP FUND | TATA DIGITAL INDIA FUND | AXIS SMALL CAP FUND | ICICI PRUDENTIAL TECHNOLOGY FUND | HDFC INDEX FUND SENSEX PLAN | HDFC SMALL CAP FUND | AXIS EQUITY FUND | CANARA ROBECO SMALL CAP FUND | TATA SMALL CAP FUND | UTI NIFTY FUND
MUTUAL FUNDS COMPANIES: GROWWMF | SBI | AXIS | HDFC | UTI | NIPPON INDIA | ICICI PRUDENTIAL | TATA | KOTAK | DSP | CANARA ROBECO | SUNDARAM | MIRAE ASSET | IDFC | FRANKLIN TEMPLETON | PPFAS | MOTILAL OSWAL | INVESCO | EDELWEISS | ADITYA BIRLA SUN LIFE | LIC | HSBC | NAVI | QUANTUM | UNION | ITI | MAHINDRA MANULIFE | 360 ONE | BOI | TAURUS | JM FINANCIAL | PGIM | SHRIRAM | BARODA BNP PARIBAS | QUANT | WHITEOAK CAPITAL | TRUST | SAMCO | NJ