How to Invest in HSBC Equity Savings Fund IDCW Monthly?

You can easily invest in HSBC Equity Savings Fund IDCW Monthly 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 Equity Savings Fund IDCW Monthly 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 Equity Savings Fund IDCW Monthly as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does HSBC Equity Savings Fund IDCW Monthly provide?

The HSBC Equity Savings Fund IDCW Monthly has been there from 18 Oct 2011 and the average annual returns provided by this fund is 1.54% since its inception.

How much expense ratio is charged by HSBC Equity Savings Fund IDCW Monthly?

The term Expense Ratio used for HSBC Equity Savings Fund IDCW Monthly 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 Equity Savings Fund IDCW Monthly is 1.52% as of 25 Mar 2023...

What is the AUM of HSBC Equity Savings Fund IDCW Monthly?

The AUM, short for Assets Under Management of HSBC Equity Savings Fund IDCW Monthly is ₹150.95Cr as of 25 Mar 2023.

How to Redeem HSBC Equity Savings Fund IDCW Monthly?

If you want to sell your HSBC Equity Savings Fund IDCW Monthly 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 Equity Savings Fund IDCW Monthly?

You can select either SIP or Lumpsum investment of HSBC Equity Savings Fund IDCW Monthly based on your investment objective and risk tolerance.

What is the NAV of HSBC Equity Savings Fund IDCW Monthly?

The NAV of HSBC Equity Savings Fund IDCW Monthly is ₹12.72 as of 24 Mar 2023.

What is the PE and PB ratio of HSBC Equity Savings Fund IDCW Monthly?

The PE ratio ratio of HSBC Equity Savings Fund IDCW Monthly 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 Equity Savings Fund IDCW Monthly - NAV, Mutual Fund Performance & Portfolio

HSBC Equity Savings Fund IDCW Monthly
Hybrid
Equity Savings
Moderate Risk
16.11%
3Y annualised
-0.27% 1D
1M
6M
1Y
3Y
5Y
All
 NAV: 24 Mar 2023₹12.72
Min. SIP amountNot Supported
Rating3
Fund size₹150.95Cr
Return calculator
Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of ₹0
Would have become ₹ (%)
Understand termsAnnualised returnsAverage of the yearly returns of a mutual fund over a given period.
Absolute returnsThe total return of a mutual fund over a given period.
Returns and rankingsCategory: Hybrid Equity Savings
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns1.5%16.1%6.6%7.8%
Category average2.3%13.7%6.6%NA
Rank with in category1449NA
Understand terms
Holdings (52)NameSectorInstrumentAssets
GOI
SovereignGOI Sec12.8%
GOISovereignGOI Sec10.0%
Bank Of Baroda
FinancialCD6.3%
United Spirits Ltd.Consumer StaplesEquity5.6%
National Aluminium Company Ltd.Metals & MiningEquity3.7%
ICICI Bank Ltd.FinancialEquity3.7%
Ambuja Cements Ltd.ConstructionEquity3.5%
Bajaj Finance Ltd.FinancialEquity3.0%
The Indian Hotels Company Ltd.ServicesEquity2.7%
Maruti Suzuki India Ltd.AutomobileEquity2.6%
See All
Understand termsExpense ratioA fee payable to a mutual fund house for managing your mutual fund investments. It is the total percentage of a company’s fund assets used for administrative, management, advertising, and other expenses.
TaxA percentage of your capital gains payable to the government upon exiting your mutual fund investments. Taxation is categorized as long-term capital gains (LTCG) and short-term capital gains (STCG) depending on your holding period and the type of fund.
Exit loadA fee payable to a mutual fund house for exiting a fund (fully or partially) before the completion of a specified period from the date of investment.
Stamp dutyA form of tax payable for the purchase or sale of an asset or security. 
Past expense ratio & exit load
Expense ratio
28 Feb 2023 - Present
1.52%
31 Jan 2023 - 28 Feb 2023
1.50%
31 Dec 2022 - 31 Jan 2023
1.58%
31 Dec 2022 - 31 Dec 2022
1.58%
30 Nov 2022 - 31 Dec 2022
1.58%
30 Nov 2022 - 30 Nov 2022
1.58%
31 Oct 2022 - 30 Nov 2022
1.58%
Expense ratio, exit load and taxExpense ratio: 1.52%Inclusive of GST
Exit loadFor units in excess of 0.50% of the investment,1% will be charged for redemption within 1 month.
Stamp duty0.005% (from July 1st, 2020)
Tax implicationReturns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year. 
Understand terms
Check past data
Minimum investment amountsMin. for 1st investmentNot Supported
Min. for 2nd investment onwardsNot Supported
Min. for SIPNot Supported
Fund managementRitesh Jain
Nov 2022 - Present
View details
Education
Ritesh holds a PGDBA from K.J. Somaiya Institute of Management Studies & Research, Mumbai and B.Com (Hons.) from University of Calcutta.
Experience
Prior to joining HSBC Mutual Fund, he has worked with PGIM India AMC, he was the Head - Fixed Income with Morgan Stanley Investment Management Pvt. Ltd. ( March 2009 - June 2014 ). He has also been the Head - Fixed Income with Principal PNB AMC ( April 2001 - February 2009).
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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.
Also manages these schemes
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HSBC Aggressive Hybrid Fund Growth
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HSBC Business Cycles Fund Direct Growth
HSBC Business Cycles Fund Regular IDCW
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HSBC Business Cycles Fund Direct IDCW
HSBC Aggressive Hybrid Fund IDCW Yearly
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Canara Robeco Capital Protection Oriented Fund Series 6 Direct IDCW
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HSBC Large and Mid Cap Fund Regular IDCW
HSBC Large and Mid Cap Fund Direct IDCW
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HSBC Large and Mid Cap Fund Direct Growth
HSBC Midcap Fund IDCW
HSBC Midcap Fund Growth
HSBC Midcap Fund Direct IDCW
HSBC Midcap Fund Direct Growth
Fund house & investment objective
HSBC Mutual Fund
Rank (total assets)#21 in India
Total AUM₹13,220.91Cr
Date of Incorporation27 May 2002
 HSBC Equity Savings Fund IDCW Monthly is a Hybrid Mutual Fund Scheme launched by HSBC Mutual Fund. This scheme was made available to investors on 27 May 2002. Cheenu Gupta is the Current Fund Manager of HSBC Equity Savings Fund IDCW Monthly fund. The fund currently has an Asset Under Management(AUM) of ₹13,221 Cr and the Latest NAV as of 24 Mar 2023 is ₹12.72.
The HSBC Equity Savings Fund IDCW Monthly is rated Moderate risk. Minimum SIP Investment is set to ₹500. For units in excess of 0.50% of the investment,1% will be charged for redemption within 1 month.
;
Investment ObjectiveThe 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
Scheme Information Document(SID)
Fund house contact details
Address
9-11th Floor,NESCO - IT Park Bldg. 3, Nesco Complex,Western Express Highway, Goregaon East, Mumbai 400063
Phone
022-66145000 / 66668819 / 1800-200-2434
Launch Date
27 May 2002
E-mail
[email protected]
Website
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.com
Compare funds
HSBC Equity Savings Fund IDCW Monthly
VS
Add mutual fund to compare

	1Y	3Y	5Y	All
Fund returns	1.5%	16.1%	6.6%	7.8%
Category average	2.3%	13.7%	6.6%	NA
Rank with in category	14	4	9	NA

Name	Sector	Instrument	Assets
GOI	Sovereign	GOI Sec	12.8%
GOI	Sovereign	GOI Sec	10.0%
Bank Of Baroda	Financial	CD	6.3%
United Spirits Ltd.	Consumer Staples	Equity	5.6%
National Aluminium Company Ltd.	Metals & Mining	Equity	3.7%
ICICI Bank Ltd.	Financial	Equity	3.7%
Ambuja Cements Ltd.	Construction	Equity	3.5%
Bajaj Finance Ltd.	Financial	Equity	3.0%
The Indian Hotels Company Ltd.	Services	Equity	2.7%
Maruti Suzuki India Ltd.	Automobile	Equity	2.6%

Rank (total assets)	#21 in India
Total AUM	₹13,220.91Cr

Date of Incorporation	27 May 2002

Fund benchmark	NIFTY Equity Savings Total Return Index

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Sarjapur Main Road, Bellandur
Bengaluru – 560103
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Min. for 1st investment	Not Supported
Min. for 2nd investment onwards	Not Supported

Rating	3
Fund size	₹150.95Cr

HSBC Equity Savings Fund IDCW Monthly

Return calculator

Understand terms

Annualised returns

Absolute returns

Returns and rankings

Holdings (52)

Understand terms

Expense ratio

Tax

Exit load

Stamp duty

Past expense ratio & exit load

Expense ratio, exit load and tax

Expense ratio: 1.52%

Exit load

Stamp duty

Tax implication

Minimum investment amounts

Fund management

Ritesh JainNov 2022 - PresentView details

Cheenu GuptaJul 2021 - PresentView details

Fund house & investment objective

Fund house contact details

Compare funds

Ritesh Jain
Nov 2022 - Present
View details

Cheenu Gupta
Jul 2021 - Present
View details