Fund Details
HSBC Tax Saver Equity Fund Direct Growth
| Risk | Very High |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 1.26% |
| NAV | ₹47.77 (22 Apr 2021) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹169 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 |
|---|---|---|---|
| ICICI Bank Ltd. | Financial | Equity | 9.1% |
| Infosys Ltd. | Technology | Equity | 9.1% |
| HDFC Bank Ltd. | Financial | Equity | 9.0% |
| Reliance Industries Ltd. | Energy | Equity | 4.7% |
| Hindustan Unilever Ltd. | FMCG | Equity | 4.7% |
| Bajaj Finance Ltd. | Financial | Equity | 4.6% |
| Larsen & Toubro Ltd. | Construction | Equity | 3.4% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 3.1% |
| Axis Bank Ltd. | Financial | Equity | 2.7% |
| Maruti Suzuki India Ltd. | Automobile | Equity | 2.5% |
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 ₹169 Cr and the Latest NAV as of 22 Apr 2021 is ₹47.77.
The HSBC Tax Saver Equity Fund Direct Growth is rated Very 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%.
