HSBC Tax Saver Equity Fund Direct Growth

Equity
ELSS
Very High Risk
3Y Lock In
15.30%
3Y annualised
-0.45% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 17 Feb 2025₹92.97
Min. SIP amountNot Supported
RatingNA
Fund size₹236.36Cr

Return calculator

Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of 0
Would have become (%)

Returns and rankings

Category: Equity ELSS
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns11.3%15.3%17.4%15.0%
Category average4.3%13.5%16.7%NA
Rank with in category212127NA
Understand terms

Peer Comparison

Holdings (52)

NameSectorInstrumentAssets
FinancialEquity6.61%
TechnologyEquity6.53%
FinancialEquity4.98%
Capital GoodsEquity4.50%
ServicesEquity4.49%
Consumer DiscretionaryEquity4.13%
EnergyEquity4.02%
CommunicationEquity3.60%
ServicesEquity3.42%
FinancialEquity2.81%
Capital GoodsEquity2.79%
AutomobileEquity2.40%
FinancialEquity2.31%
HealthcareEquity2.29%
Consumer DiscretionaryEquity2.26%
HealthcareEquity2.25%
ServicesEquity2.22%
FinancialEquity2.18%
ConstructionEquity1.91%
HealthcareEquity1.84%
HealthcareEquity1.68%
TechnologyEquity1.64%
ConstructionEquity1.53%
HealthcareEquity1.36%
ChemicalsEquity1.35%
ConstructionEquity1.30%
Consumer DiscretionaryEquity1.26%
ChemicalsEquity1.22%
Consumer StaplesEquity1.21%
Capital GoodsEquity1.15%
TextilesEquity1.04%
ServicesEquity1.04%
TextilesEquity1.00%
FinancialEquity0.95%
Consumer StaplesEquity0.95%
AutomobileEquity0.91%
ChemicalsEquity0.90%
Capital GoodsEquity0.89%
HealthcareEquity0.87%
Consumer StaplesEquity0.79%
ConstructionEquity0.76%
ConstructionEquity0.70%
TechnologyEquity0.70%
Capital GoodsEquity0.62%
Capital GoodsEquity0.60%
Capital GoodsEquity0.58%
CommunicationPPE0.56%
HealthcareEquity0.55%
ChemicalsEquity0.54%
HealthcareEquity0.53%
TextilesEquity0.50%
HealthcareEquity0.48%
See All

Pros and cons

Category: Equity ELSS

Pros

Exit load is zero
Lower expense ratio: 1.28%

Cons

Lower AUM: 194Cr. Funds with lower AUM tend to have higher expense ratio
Consistently lower annualised returns than category average for the past 1Y, 3Y and 5Y
Lock-in period: 3Y
Low rating: 2

Expense ratio, exit load and tax

Expense ratio: 1.59%

Inclusive of GST

Exit load

Nil

Stamp duty

0.005% (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.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investmentNot Supported
Min. for 2nd investment onwardsNot Supported
Min. for SIPNot Supported

Fund management

Fund house & investment objective

Fund house contact details

Address
9-11th Floor,NESCO - IT Park Bldg. 3,Western Express Highway, Goregaon East, Mumbai 400063
Phone
NA
Launch Date
27 May 2002
HSBC Mutual Fund
Asset Management Company
Custodian
Standard Chartered Bank
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,

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