HSBC Equity Savings Fund Direct Growth

HSBC Equity Savings Fund Direct Growth

+14.24%
3Y annualised
+0.11% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 21 May '26
₹39.91
Min. for SIP
₹500
Fund size (AUM)
₹904.50 Cr
Expense ratio
1.07%
Rating
4

Return calculator

Monthly investment
₹5,000
Over the pastTotal investmentWould've becomeHistoric returnsReturns
1 year₹60,000₹63,029
+5.05%
3 years₹1,80,000₹2,11,537
+17.52%
5 years₹3,00,000₹4,03,569
+34.52%
10 years₹6,00,000₹10,71,673
+78.61%

Holdings (131)

NameSectorInstrumentsAssets
ICICI Bank Ltd.FinancialEquity4.68%
State Bank of IndiaFinancialEquity4.08%
Oil And Natural Gas Corporation Ltd.EnergyEquity3.64%
HDFC Bank Ltd.FinancialEquity2.98%
Axis Bank Ltd.FinancialEquity2.98%
JIO Financial Services Ltd.FinancialEquity2.91%
Aditya Infotech Ltd.CommunicationEquity2.67%
Reserve Bank of IndiaFinancialT-Bills2.65%
Reserve Bank of IndiaFinancialT-Bills2.65%
Tata Consumer Products Ltd.Consumer StaplesEquity2.43%
The Federal Bank Ltd.FinancialEquity2.38%
Power Finance Corporation Ltd.FinancialDebenture2.33%
Bharat Electronics Ltd.Capital GoodsEquity2.24%
GOISovereignGOI Sec2.14%
Steel Authority Of India Ltd.Metals & MiningEquity2.10%
Atlanta Electricals Ltd.Capital GoodsEquity1.94%
Hitachi Energy India Ltd.Capital GoodsEquity1.93%
FSN E-Commerce Ventures Ltd.ServicesEquity1.76%
GOISovereignGOI Sec1.73%
GOISovereignGOI Sec1.73%
National Bank For Agriculture & Rural DevelopmentFinancialBonds1.68%
Billionbrains Garage Ventures Ltd.FinancialEquity1.67%
Kotak Mahindra Bank Ltd.FinancialEquity1.60%
Tata Steel Ltd.Metals & MiningEquity1.55%
LIC Housing Finance Ltd.FinancialEquity1.53%
Mahindra & Mahindra Ltd.AutomobileEquity1.49%
GE Vernova T&D India LtdCapital GoodsEquity1.40%
SEDEMAC Mechatronics Ltd.Capital GoodsEquity1.37%
TD Power Systems Ltd.Capital GoodsEquity1.25%
PB Fintech Ltd.ServicesEquity1.25%
Thermax Ltd.Capital GoodsEquity1.25%
ICICI Prudential Asset Management Company Ltd.FinancialEquity1.23%
Grasim Industries Ltd.ConstructionEquity1.22%
Adani Enterprises Ltd.ServicesEquity1.20%
National Housing BankFinancialDebenture1.19%
REC Ltd.FinancialDebenture1.18%
GOISovereignGOI Sec1.17%
Small Industries Devp. Bank of India Ltd.FinancialBonds/NCD1.15%
GOISovereignGOI Sec1.13%
GOISovereignGOI Sec1.12%
Bharti Airtel Ltd.CommunicationEquity1.11%
Mindspace Business Parks REITConstructionCP1.10%
Siddhivinayak Securitisation TrustOthersSec. Debt1.09%
Container Corporation Of India Ltd.ServicesEquity1.08%
HDFC Bank Ltd.FinancialCD1.04%
Hindalco Industries Ltd.Metals & MiningEquity0.92%
Punjab National BankFinancialEquity0.92%
Lenskart Solutions Ltd.Consumer DiscretionaryEquity0.85%
RBL Bank Ltd.FinancialEquity0.74%
Divi's Laboratories Ltd.HealthcareEquity0.68%
GOISovereignGOI Sec0.66%
GOISovereignGOI Sec0.57%
GOISovereignGOI Sec0.55%
Ambuja Cements Ltd.ConstructionEquity0.54%
Bharat Heavy Electricals Ltd.Capital GoodsEquity0.53%
BSE Ltd.ServicesEquity0.52%
Aditya Birla Capital Ltd.FinancialEquity0.46%
City Union Bank Ltd.FinancialEquity0.46%
Laurus Labs Ltd.HealthcareEquity0.43%
Polycab India Ltd.Capital GoodsEquity0.43%
Canara BankFinancialEquity0.42%
Shriram Finance LtdFinancialEquity0.41%
Nippon Life India Asset Management Ltd.FinancialEquity0.39%
Max Financial Services Ltd.FinancialEquity0.35%
Reliance Industries Ltd.EnergyEquity0.34%
Sun Pharmaceutical Industries Ltd.HealthcareEquity0.31%
Sammaan Capital Ltd.FinancialEquity0.27%
Eicher Motors Ltd.AutomobileEquity0.26%
Godrej Consumer Products Ltd.Consumer StaplesEquity0.23%
Larsen & Toubro Ltd.ConstructionEquity0.12%
Kei Industries Ltd.Capital GoodsEquity0.12%
Oil India Ltd.EnergyEquity0.11%
Hindustan Aeronautics Ltd.Capital GoodsEquity0.10%
CG Power and Industrial Solutions Ltd.Capital GoodsEquity0.09%
Radico Khaitan Ltd.Consumer StaplesEquity0.08%
ABB India Ltd.Capital GoodsEquity0.08%
Kaynes Technology India Ltd.Capital GoodsEquity0.08%
Bajaj Finance Ltd.FinancialEquity0.07%
Dixon Technologies (India) Ltd.Capital GoodsEquity0.06%
Hero Motocorp Ltd.AutomobileEquity0.05%
Eternal Ltd.ServicesEquity0.05%
Medi Assist Healthcare Services Ltd.ServicesEquity0.04%
Persistent Systems Ltd.TechnologyEquity0.04%
The Indian Hotels Company Ltd.ServicesEquity0.03%
Cholamandalam Investment and Finance Company Ltd.FinancialEquity0.02%
Bank Of BarodaFinancialEquity0.02%
ITC Ltd.Consumer StaplesEquity0.02%
eClerx Services Ltd.ServicesEquity0.01%
Blue Star Ltd.Consumer DiscretionaryEquity0.01%
Trent Ltd.ServicesEquity0.01%
Prudent Corporate Advisory Services Ltd.FinancialEquity0.01%
Jyoti CNC Automation Ltd.Capital GoodsEquity0.01%
Infosys Ltd.TechnologyEquity0.01%
Godfrey Phillips India Ltd.Consumer StaplesEquity0.00%
Bajaj Finance Ltd.FinancialFutures-0.02%
ITC Ltd.Consumer StaplesFutures-0.02%
Bank Of BarodaFinancialFutures-0.02%
Eternal Ltd.ServicesFutures-0.03%
Hero Motocorp Ltd.AutomobileFutures-0.05%
Oil India Ltd.EnergyFutures-0.11%
Larsen & Toubro Ltd.ConstructionFutures-0.12%
Godrej Consumer Products Ltd.Consumer StaplesFutures-0.23%
Eicher Motors Ltd.AutomobileFutures-0.26%
Reliance Industries Ltd.EnergyFutures-0.26%
Sammaan Capital Ltd.FinancialFutures-0.28%
Bharat Electronics Ltd.Capital GoodsFutures-0.29%
Sun Pharmaceutical Industries Ltd.HealthcareFutures-0.32%
Max Financial Services Ltd.FinancialFutures-0.35%
Shriram Finance LtdFinancialFutures-0.41%
Canara BankFinancialFutures-0.42%
Laurus Labs Ltd.HealthcareFutures-0.44%
Aditya Birla Capital Ltd.FinancialFutures-0.46%
Bharat Heavy Electricals Ltd.Capital GoodsFutures-0.54%
Ambuja Cements Ltd.ConstructionFutures-0.54%
Tata Steel Ltd.Metals & MiningFutures-0.62%
Divi's Laboratories Ltd.HealthcareFutures-0.68%
RBL Bank Ltd.FinancialFutures-0.75%
Punjab National BankFinancialFutures-0.92%
Bharti Airtel Ltd.CommunicationFutures-1.02%
Mahindra & Mahindra Ltd.AutomobileFutures-1.07%
Container Corporation Of India Ltd.ServicesFutures-1.09%
Adani Enterprises Ltd.ServicesFutures-1.21%
Grasim Industries Ltd.ConstructionFutures-1.22%
LIC Housing Finance Ltd.FinancialFutures-1.54%
Kotak Mahindra Bank Ltd.FinancialFutures-1.61%
ICICI Bank Ltd.FinancialFutures-1.79%
Steel Authority Of India Ltd.Metals & MiningFutures-2.11%
JIO Financial Services Ltd.FinancialFutures-2.91%
HDFC Bank Ltd.FinancialFutures-3.00%
Axis Bank Ltd.FinancialFutures-3.00%
State Bank of IndiaFinancialFutures-4.07%
See All

Minimum investments

Min. for 1st investment
₹5,000
Min. for 2nd investment
₹1,000
Min. for SIP
₹500

Returns and rankings

Annualised returns
Absolute returns
Name3Y5Y10YAll
Fund returns+14.2%+12.1%+10.4%+10.0%
Category average (Hybrid Equity Savings)+9.9%+9.1%+8.4%--
Rank (Hybrid Equity Savings)11----

Exit load, stamp duty and tax

Exit load

Exit load for units in excess of 0.50% of the investment,1% will be charged for redemption within 1 month.

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

Fund management

PA
Praveen Ayathan
Oct 2023 - Present
View details

Education
Mr. Praveen is a B.Sc (Mathematics).
Experience
Prior to joining HSBC Mutual Fund, he has worked with L&T MF, Kotak Mahindra AMC and Dalal & Broacha Stock Broking Pvt. Ltd.

CG
Cheenu Gupta
Jul 2021 - Present
View details

Education
Ms. Gupta is CFA Charter holder (USA), PGDBM (Finance) & B.E. (I.T)
Experience
Prior to joining HSBC Mutual Fund, she has worked with L&T Mutual Fund, Canara Robeco Mutual Fund, Tata AIA Life Insurance Company as Fund Manager, ING Investment Management as Senior Research Analyst and UTI AMC Ltd. as Research Analyst.

About HSBC Equity Savings Fund Direct Growth

HSBC Equity Savings Fund Direct Growth is a Hybrid Mutual Fund Scheme launched by HSBC Mutual Fund. This scheme was made available to investors on 27 May 2002. Mahesh A Chhabria is the Current Fund Manager of HSBC Equity Savings Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹1,40,598 Cr and the Latest NAV as of 21 May 2026 is ₹39.91. The HSBC Equity Savings Fund Direct Growth is rated Moderately High risk. Minimum SIP Investment is set to ₹500. Minimum Lumpsum Investment is ₹5,000. Exit load for units in excess of 0.50% of the investment,1% will be charged for redemption within 1 month. ;

Investment Objective

The scheme seeks to generate regular income by predominantly investing in arbitrage opportunities in the cash and derivatives segments of the equity markets and debt and money market instruments and to generate long-term capital appreciation through unhedged exposure to equity and equity related instruments.;
Fund benchmarkNIFTY Equity Savings Total Return Index

Fund house

Rank (total assets)#21 in India
Total AUM₹1,40,597.86 Cr
Date of Incorporation27 May 2002
Launch Date27 May 2002
Address9-11th Floor,NESCO - IT Park Bldg. 3,Western Express Highway, Goregaon East, Mumbai 400063
CustodianHDFC Bank
Registrar & Transfer AgentCams
Address7th Floor, Tower II, Rayala Towers, 158, Anna Salai,