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HSBC Tax Saver Equity Fund Direct Growth-0.65%

12.24%
1 Year Return
Equity
ELSS
2.0star
6M
1Y
3Y
5Y
All

Fund Details

HSBC Tax Saver Equity Fund Direct Growth

RiskModerately High
Min SIP Amount₹500
Expense Ratio1.26%
NAV₹46.96 (25 Jan 2021)
Fund Started01 Jan 2013
Fund Size166 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
12.2%
3.9%
13.4%
13.6%
Category Average
15.3%
5.6%
13.3%
-
Rank Within Category
27
29
21
-
*All returns are annualized.
SIP
ONE TIME
Minimum SIP amount500
Amount Per Month₹5,000
Duration
1Y back
3Y back
5Y back
Would have become
0
with 12.2% returns per annum

Comparison

Data not available
Pros
1. Exit load is zero
Cons
1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
2. 1Y Returns are lower than the category average returns
3. 3Y Returns are lower than the category average returns

Top Holdings

NameSectorInstrument% Assets
HDFC Bank Ltd.FinancialEquity9.3%
ICICI Bank Ltd.FinancialEquity9.1%
Infosys Ltd.TechnologyEquity8.5%
Reliance Industries Ltd.EnergyEquity6.8%
Bajaj Finance Ltd.FinancialEquity4.8%
Hindustan Unilever Ltd.FMCGEquity4.7%
Kotak Mahindra Bank Ltd.FinancialEquity4.6%
Larsen & Toubro Ltd.ConstructionEquity3.1%
Bharti Airtel Ltd.CommunicationEquity3.0%
Maruti Suzuki India Ltd.AutomobileEquity2.8%
See All

Fund Managers

HSBC Tax Saver Equity Fund Direct Growth Details

HSBC Tax Saver Equity Fund Direct Growth is a Equity Mutual Fund Scheme launched by HSBC Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Aditya Khemani is the Current Fund Manager of HSBC Tax Saver Equity Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹166 Cr and the Latest NAV as of 25 Jan 2021 is ₹46.96.

The HSBC Tax Saver Equity Fund Direct Growth is rated Moderately High risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 500.

Investment Objective

The scheme aims to provide long term capital appreciation by investing in a diversified portfolio of equity & equity related instruments of companies across various sectors and industries, with no capitalisation bias.

Tax Implications

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

Scheme Information Document(SID)

₹500
Min for First Investment
₹500
Min for Second Investment
Nil
Exit Load

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About HSBC Mutual Fund

Address
16, V N Road, Fort, Mumbai 400 001
Phone
022- 66145000
Launch Date
27 May 2002
Website
NA
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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