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HSBC Tax Saver Equity Fund Direct IDCW

Equity
ELSS
Very High Risk
3Y Lock In
18.04%
3Y annualised
+0.92% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 01 Dec 2021₹29.05
Min. SIP amount₹500
Rating2
Fund size₹202.60Cr

Returns and rankings

Category: Equity ELSS
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns38.6%18.0%15.6%15.1%
Category average54.9%14.2%14.3%NA
Rank with in category232220NA
Understand terms

Holdings (43)

NameSectorInstrumentAssets
FinancialEquity9.3%
TechnologyEquity8.8%
FinancialEquity7.8%
FinancialEquity5.5%
EnergyEquity4.7%
ConstructionEquity3.9%
TechnologyEquity3.4%
FinancialEquity3.3%
AutomobileEquity3.1%
FinancialEquity3.0%
See All

Pros and cons

Category: Equity ELSS

Pros

3Y and 5Y annualised returns higher than category average
Exit load is zero
Lower expense ratio: 1.26%

Cons

Lower AUM: 202Cr. Funds with lower AUM tend to have higher expense ratio
Lock-in period: 3Y
Low rating: 2
1Y annualised returns lower than category average by 7.68%

Expense ratio, exit load and tax

Expense ratio: 1.25%

Inclusive of GST

Exit load

Nil

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Upto Rs. 1.5 lac will be tax free under 80C. Lockin of 3 years. Returns will be taxed at 10%.

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

Fund house & investment objective

Fund house contact details

Compare funds

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