Fund Details
HSBC Tax Saver Equity Fund Direct Growth
| Risk | Moderately High |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 1.26% |
| NAV | ₹46.96 (25 Jan 2021) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹166 Cr |
Returns
Comparison
1. Exit load is zero
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
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | Equity | 9.3% |
| ICICI Bank Ltd. | Financial | Equity | 9.1% |
| Infosys Ltd. | Technology | Equity | 8.5% |
| Reliance Industries Ltd. | Energy | Equity | 6.8% |
| Bajaj Finance Ltd. | Financial | Equity | 4.8% |
| Hindustan Unilever Ltd. | FMCG | Equity | 4.7% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 4.6% |
| Larsen & Toubro Ltd. | Construction | Equity | 3.1% |
| Bharti Airtel Ltd. | Communication | Equity | 3.0% |
| Maruti Suzuki India Ltd. | Automobile | Equity | 2.8% |
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%.
