HSBC Equity Savings Fund Direct Growth

HSBC Equity Savings Fund Direct Growth

+14.41%
3Y annualised
+0.69% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 10 Apr '26
₹38.77
Min. for SIP
₹500
Fund size (AUM)
₹796.12 Cr
Expense ratio
0.67%
Rating
4

Return calculator

Monthly investment
₹5,000
Over the pastTotal investmentWould've becomeHistoric returnsReturns
1 year₹60,000₹62,114
+3.52%
3 years₹1,80,000₹2,08,658
+15.92%
5 years₹3,00,000₹3,97,330
+32.44%
10 years₹6,00,000₹10,52,605
+75.43%

Holdings (128)

NameSectorInstrumentsAssets
Bharti Airtel Ltd.CommunicationEquity6.14%
State Bank of IndiaFinancialEquity4.25%
Oil And Natural Gas Corporation Ltd.EnergyEquity3.97%
Reliance Industries Ltd.EnergyEquity3.85%
Aditya Infotech Ltd.CommunicationEquity3.59%
ICICI Bank Ltd.FinancialEquity3.53%
Bharat Electronics Ltd.Capital GoodsEquity3.37%
Mahindra & Mahindra Ltd.AutomobileEquity3.27%
Reserve Bank of IndiaFinancialT-Bills3.00%
Power Finance Corporation Ltd.FinancialDebenture2.63%
GOISovereignGOI Sec2.50%
HDFC Bank Ltd.FinancialEquity2.25%
JIO Financial Services Ltd.FinancialEquity2.24%
GOISovereignGOI Sec1.96%
GOISovereignGOI Sec1.95%
Axis Bank Ltd.FinancialEquity1.91%
National Bank For Agriculture & Rural DevelopmentFinancialBonds1.90%
Kotak Mahindra Bank Ltd.FinancialEquity1.79%
Polycab India Ltd.Capital GoodsEquity1.79%
FSN E-Commerce Ventures Ltd.ServicesEquity1.77%
Hitachi Energy India Ltd.Capital GoodsEquity1.58%
LIC Housing Finance Ltd.FinancialEquity1.56%
Grasim Industries Ltd.ConstructionEquity1.45%
National Housing BankFinancialDebenture1.34%
REC Ltd.FinancialDebenture1.34%
TD Power Systems Ltd.Capital GoodsEquity1.32%
GOISovereignGOI Sec1.31%
Small Industries Devp. Bank of India Ltd.FinancialBonds/NCD1.31%
GOISovereignGOI Sec1.30%
GE Vernova T&D India LtdCapital GoodsEquity1.29%
SEDEMAC Mechatronics Ltd.Capital GoodsEquity1.28%
GOISovereignGOI Sec1.27%
Mindspace Business Parks REITConstructionCP1.24%
Siddhivinayak Securitisation TrustOthersSec. Debt1.24%
Divi's Laboratories Ltd.HealthcareEquity1.23%
PB Fintech Ltd.ServicesEquity1.22%
HDFC Bank Ltd.FinancialCD1.17%
Tata Motors Passenger Vehicles Ltd.AutomobileEquity1.09%
City Union Bank Ltd.FinancialEquity1.07%
Godfrey Phillips India Ltd.Consumer StaplesEquity1.06%
Container Corporation Of India Ltd.ServicesEquity1.03%
Punjab National BankFinancialEquity0.96%
Lenskart Solutions Ltd.Consumer DiscretionaryEquity0.93%
Steel Authority Of India Ltd.Metals & MiningEquity0.93%
The Federal Bank Ltd.FinancialEquity0.81%
GOISovereignGOI Sec0.74%
Ambuja Cements Ltd.ConstructionEquity0.74%
RBL Bank Ltd.FinancialEquity0.74%
Tata Steel Ltd.Metals & MiningEquity0.68%
GOISovereignGOI Sec0.66%
GOISovereignGOI Sec0.62%
Sun Pharmaceutical Industries Ltd.HealthcareEquity0.56%
Laurus Labs Ltd.HealthcareEquity0.45%
Canara BankFinancialEquity0.44%
BSE Ltd.ServicesEquity0.44%
Shriram Finance LtdFinancialEquity0.43%
Billionbrains Garage Ventures Ltd.FinancialEquity0.38%
Tata Technologies LtdServicesEquity0.37%
Eicher Motors Ltd.AutomobileEquity0.27%
Ultratech Cement Ltd.ConstructionEquity0.27%
Titan Company Ltd.Consumer DiscretionaryEquity0.26%
Godrej Consumer Products Ltd.Consumer StaplesEquity0.24%
Ashok Leyland Ltd.AutomobileEquity0.19%
ICICI Prudential Asset Management Company Ltd.FinancialEquity0.14%
ITC Ltd.Consumer StaplesEquity0.12%
Coforge Ltd.TechnologyEquity0.12%
Kei Industries Ltd.Capital GoodsEquity0.11%
Hindustan Aeronautics Ltd.Capital GoodsEquity0.09%
CG Power and Industrial Solutions Ltd.Capital GoodsEquity0.08%
ABB India Ltd.Capital GoodsEquity0.07%
Kaynes Technology India Ltd.Capital GoodsEquity0.07%
Dixon Technologies (India) Ltd.Capital GoodsEquity0.06%
Hero Motocorp Ltd.AutomobileEquity0.06%
Bajaj Finance Ltd.FinancialEquity0.05%
Medi Assist Healthcare Services Ltd.ServicesEquity0.04%
Anthem Biosciences Ltd.HealthcareEquity0.04%
Persistent Systems Ltd.TechnologyEquity0.04%
Maruti Suzuki India Ltd.AutomobileEquity0.03%
The Indian Hotels Company Ltd.ServicesEquity0.03%
Global Health Ltd.HealthcareEquity0.02%
Bank Of BarodaFinancialEquity0.02%
Cholamandalam Investment and Finance Company Ltd.FinancialEquity0.02%
eClerx Services Ltd.ServicesEquity0.01%
Eternal Ltd.ServicesEquity0.01%
Blue Star Ltd.Consumer DiscretionaryEquity0.01%
Nippon Life India Asset Management Ltd.FinancialEquity0.01%
Jyoti CNC Automation Ltd.Capital GoodsEquity0.01%
Trent Ltd.ServicesEquity0.01%
Infosys Ltd.TechnologyEquity0.01%
Prudent Corporate Advisory Services Ltd.FinancialEquity0.01%
Radico Khaitan Ltd.Consumer StaplesEquity0.01%
Larsen & Toubro Ltd.ConstructionEquity0.00%
Max Healthcare Institute Ltd.HealthcareEquity0.00%
Bank Of BarodaFinancialFutures-0.02%
Maruti Suzuki India Ltd.AutomobileFutures-0.03%
Oil And Natural Gas Corporation Ltd.EnergyFutures-0.03%
Hero Motocorp Ltd.AutomobileFutures-0.06%
Titan Company Ltd.Consumer DiscretionaryFutures-0.06%
Coforge Ltd.TechnologyFutures-0.12%
ITC Ltd.Consumer StaplesFutures-0.12%
Godrej Consumer Products Ltd.Consumer StaplesFutures-0.24%
Ultratech Cement Ltd.ConstructionFutures-0.27%
Eicher Motors Ltd.AutomobileFutures-0.27%
Bharat Electronics Ltd.Capital GoodsFutures-0.30%
Tata Technologies LtdServicesFutures-0.38%
Shriram Finance LtdFinancialFutures-0.44%
Canara BankFinancialFutures-0.44%
Laurus Labs Ltd.HealthcareFutures-0.45%
Reliance Industries Ltd.EnergyFutures-0.56%
Sun Pharmaceutical Industries Ltd.HealthcareFutures-0.57%
Tata Steel Ltd.Metals & MiningFutures-0.68%
Ambuja Cements Ltd.ConstructionFutures-0.74%
RBL Bank Ltd.FinancialFutures-0.74%
Steel Authority Of India Ltd.Metals & MiningFutures-0.94%
Punjab National BankFinancialFutures-0.96%
Divi's Laboratories Ltd.HealthcareFutures-1.00%
Container Corporation Of India Ltd.ServicesFutures-1.03%
Tata Motors Passenger Vehicles Ltd.AutomobileFutures-1.09%
Mahindra & Mahindra Ltd.AutomobileFutures-1.33%
Grasim Industries Ltd.ConstructionFutures-1.46%
LIC Housing Finance Ltd.FinancialFutures-1.56%
Kotak Mahindra Bank Ltd.FinancialFutures-1.80%
Axis Bank Ltd.FinancialFutures-1.92%
JIO Financial Services Ltd.FinancialFutures-2.25%
HDFC Bank Ltd.FinancialFutures-2.26%
ICICI Bank Ltd.FinancialFutures-3.55%
Bharti Airtel Ltd.CommunicationFutures-3.92%
State Bank of IndiaFinancialFutures-4.27%
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+14.4%+11.8%+10.2%+9.9%
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

Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.

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 ₹1,22,500 Cr and the Latest NAV as of 10 Apr 2026 is ₹38.77. 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₹1,22,500.19 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,