Groww Logo
Home>Mutual Funds>HSBC Mutual Fund>HSBC Tax Saver Equity Fund Direct IDCW

HSBC Tax Saver Equity Fund Direct IDCW

Equity
ELSS
Very High Risk
3Y Lock In
13.42%
3Y annualised
-0.01% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 23 May 2022₹25.91
Min. SIP amount₹500
Rating2
Fund size₹189.90Cr

Returns and rankings

Category: Equity ELSS
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns9.7%13.4%9.6%13.4%
Category average54.9%14.2%14.3%NA
Rank with in category112027NA
Understand terms

Holdings (44)

NameSectorInstrumentAssets
Infosys Ltd.TechnologyEquity9.4%
ICICI Bank Ltd.FinancialEquity8.9%
HDFC Bank Ltd.FinancialEquity7.5%
Bajaj Finance Ltd.FinancialEquity5.2%
Larsen & Toubro Ltd.ConstructionEquity4.5%
Reliance Industries Ltd.EnergyEquity4.4%
State Bank of IndiaFinancialEquity3.9%
Axis Bank Ltd.FinancialEquity3.9%
Tata Motors Ltd.AutomobileEquity2.9%
Sun Pharmaceutical Industries Ltd.HealthcareEquity2.8%
See All

Pros and cons

Category: Equity ELSS

Pros

3Y annualised returns higher than category average by 0.87%
Exit load is zero
Lower expense ratio: 1.27%

Cons

Lower AUM: 195Cr. Funds with lower AUM tend to have higher expense ratio
1Y and 5Y annualised returns lower than category average
Lock-in period: 3Y
Low rating: 2

Expense ratio, exit load and tax

Expense ratio: 1.28%

Inclusive of GST

Exit load

Nil

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Returns 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 amounts

Min. for 1st investment₹500
Min. for 2nd investment onwards₹500
Min. for SIP₹500

Fund house & investment objective

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
Website
NA
Amc Image
HSBC Mutual Fund
Asset Management Company
Custodian
Standard Chartered Bank
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,

Compare funds

HSBC Tax Saver Equity Fund Direct IDCW
VS
Add mutual fund to compare

FAQs

How to Invest in HSBC Tax Saver Equity Fund Direct IDCW?

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

What kind of returns does HSBC Tax Saver Equity Fund Direct IDCW provide?

The HSBC Tax Saver Equity Fund Direct IDCW has been there from 01 Jan 2013 and the average annual returns provided by this fund is 9.66% since its inception.

How much expense ratio is charged by HSBC Tax Saver Equity Fund Direct IDCW?

The term Expense Ratio used for HSBC Tax Saver Equity Fund Direct IDCW 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 Tax Saver Equity Fund Direct IDCW is 1.28% as of 24 May 2022...

What is the AUM of HSBC Tax Saver Equity Fund Direct IDCW?

The AUM, short for Assets Under Management of HSBC Tax Saver Equity Fund Direct IDCW is ₹189.90Cr as of 24 May 2022.

How to Redeem HSBC Tax Saver Equity Fund Direct IDCW?

If you want to sell your HSBC Tax Saver Equity Fund Direct IDCW 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 Tax Saver Equity Fund Direct IDCW?

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

What is the NAV of HSBC Tax Saver Equity Fund Direct IDCW?

The NAV of HSBC Tax Saver Equity Fund Direct IDCW is ₹25.91 as of 23 May 2022.

What is the PE and PB ratio of HSBC Tax Saver Equity Fund Direct IDCW?

The PE ratio ratio of HSBC Tax Saver Equity Fund Direct IDCW 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).

Loading...
ⓒ 2016-2022 Groww. All rights reserved, Built with in India
MOST POPULAR ON GROWWVERSION - 2.3.9
STOCK MARKET INDICES:  S&P BSE SENSEX |  S&P BSE 100 |  NIFTY 100 |  NIFTY 50 |  NIFTY MIDCAP 100 |  NIFTY BANK |  NIFTY NEXT 50
MUTUAL FUNDS COMPANIES:  ICICI PRUDENTIAL |  HDFC |  NIPPON INDIA |  ADITYA BIRLA SUN LIFE |  SBI |  UTI |  FRANKLIN TEMPLETON |  KOTAK MAHINDRA |  IDFC |  DSP |  AXIS |  TATA |  L&T |  SUNDARAM |  PGIM |  INVESCO |  LIC |  JM FINANCIAL |  BARODA PIONEER |  CANARA ROBECO |  HSBC |  IDBI |  INDIABULLS |  MOTILAL OSWAL |  BNP PARIBAS |  MIRAE ASSET |  PRINCIPAL |  BOI AXA |  UNION KBC |  TAURUS |  EDELWEISS |  NAVI |  MAHINDRA |  QUANTUM |  PPFAS |  IIFL |  Quant |  SHRIRAM |  SAHARA |  ITI