Name: HSBC Tax Saver Equity Fund Direct Growth
Brand: HSBC Mutual Fund

Home>Mutual Funds>HSBC Mutual Fund>HSBC Tax Saver Equity Fund Direct Growth

bookmark_border
share
HSBC Tax Saver Equity Fund Direct Growth
Equity
ELSS
Very High Risk
3Y Lock Inlock
51.81%
1Y return
+0.43% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 30 Jul 2021₹55.20
Min. SIP Amount₹500
Rating2star
Fund Size₹182.72 Cr
Return calculator
Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of ₹0
Would have become ₹0 (0.00%)
Understand termsAnnualised returnsAverage of the yearly returns of a mutual fund over a given period.
Absolute returnsThe total return of a mutual fund over a given period.
Returns and rankingsCategory: Equity ELSS
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns51.8%12.2%13.1%14.6%
Category average54.9%14.2%14.3%NA
Rank with in category252523NA
Understand termsinfo
Holdings (41)NameSectorInstrumentAssets
Infosys Ltd.TechnologyEquity9.3%
ICICI Bank Ltd.FinancialEquity9.2%
HDFC Bank Ltd.FinancialEquity8.4%
Bajaj Finance Ltd.FinancialEquity4.9%
Reliance Industries Ltd.EnergyEquity4.3%
Tata Consultancy Services Ltd.TechnologyEquity4.0%
Axis Bank Ltd.FinancialEquity3.5%
Hindustan Unilever Ltd.FMCGEquity3.4%
Larsen & Toubro Ltd.ConstructionEquity3.3%
Sun Pharmaceutical Industries Ltd.
HealthcareEquity2.4%
See All
Pros and consCategory: Equity ELSS
ProsExit load is zero
ConsAsset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
1Y Returns are lower than the category average returns
3Y Returns are lower than the category average returns
5Y Returns are lower than the category average returns
Understand termsExpense ratioA fee payable to a mutual fund house for managing your mutual fund investments. It is the total percentage of a company’s fund assets used for administrative, management, advertising, and other expenses.
TaxA percentage of your capital gains payable to the government upon exiting your mutual fund investments. Taxation is categorized as long-term capital gains (LTCG) and short-term capital gains (STCG) depending on your holding period and the type of fund.
Exit loadA fee payable to a mutual fund house for exiting a fund (fully or partially) before the completion of a specified period from the date of investment.
Stamp dutyA form of tax payable for the purchase or sale of an asset or security. 
Expense ratio, exit load and taxExpense ratio: 1.26%Inclusive of GST
Exit loadNil
Stamp duty0.005% (from July 1st, 2020)
Tax implicationUpto Rs. 1.5 lac will be tax free under 80C. Lockin of 3 years. Returns will be taxed at 10%.
Understand termsinfo
Minimum investment amountsMin. for 1st investment₹500
Min. for 2nd investment onwards₹500
Min. for SIP₹500
Fund managementAditya Khemani
Jan 2013 - Present
View Details
keyboard_arrow_down
Education
Mr. Khemani has done B.Com (Hons) and PGDM from IIM, Lucknow.
Experience
Prior to joining Motilal Oswal Asset Management Company Ltd., He was associated with HSBC AMC, SBI Mutual Fund, ICICI Prudential AMC and Morgan Stanley Advantage Services.
Also manages these schemes
HSBC Regular Savings Fund IDCW Monthly
HSBC Regular Savings Fund IDCW Quarterly
HSBC Regular Savings Fund Growth
HSBC Tax Saver Equity Fund IDCW
HSBC Tax Saver Equity Fund Growth
HSBC Regular Savings Fund Direct Growth
HSBC Tax Saver Equity Fund Direct IDCW
HSBC Tax Saver Equity Fund Direct Growth
Motilal Oswal Long Term Equity Fund Regular IDCW
Motilal Oswal Long Term Equity Fund Direct IDCW
Motilal Oswal Long Term Equity Fund Regular Growth
Motilal Oswal Long Term Equity Fund Direct Growth
Motilal Oswal Large and Midcap Fund Regular Growth
Motilal Oswal Large and Midcap Fund Regular IDCW
Motilal Oswal Large and Midcap Fund Direct Growth
Motilal Oswal Large and Midcap Fund Direct IDCW
Gautam Bhupal
Jul 2019 - Present
View Details
keyboard_arrow_down
Education
Mr. Bhupal holds a PGDBM and is a CA, CS and B.Com (Hons)
Experience
Prior to joining HSBC Mutual Fund he was working with IDFC Asset Management Company Ltd., Motilal Oswal Securities Ltd., Infosys Ltd., Vickers Ballas Securities Ltd., SBC Warburg, UTI Securities Ltd.
Also manages these schemes
HSBC Regular Savings Fund IDCW Monthly
HSBC Regular Savings Fund IDCW Quarterly
HSBC Regular Savings Fund Growth
HSBC Infrastructure Equity Fund IDCW
HSBC Infrastructure Equity Fund Growth
HSBC Tax Saver Equity Fund IDCW
HSBC Tax Saver Equity Fund Growth
HSBC Infrastructure Equity Fund Direct IDCW
HSBC Infrastructure Equity Fund Direct Growth
HSBC Regular Savings Fund Direct Growth
HSBC Tax Saver Equity Fund Direct IDCW
HSBC Tax Saver Equity Fund Direct Growth
HSBC Managed Solutions India Growth Fund Regular Growth
HSBC Managed Solutions India Moderate Fund Regular Growth
HSBC Managed Solutions India Moderate Fund Regular IDCW
HSBC Managed Solutions India Moderate Fund Direct Growth
HSBC Managed Solutions India Conservative Fund Regular Growth
HSBC Managed Solutions India Conservative Fund Regular IDCW
HSBC Managed Solutions India Conservative Fund Direct Growth
HSBC Managed Solutions India Growth Fund Regular IDCW
HSBC Managed Solutions India Growth Fund Direct Growth
HSBC Focused Equity Fund Regular Growth
HSBC Focused Equity Fund Regular IDCW
HSBC Focused Equity Fund Direct Growth
HSBC Focused Equity Fund Direct IDCW
Fund house & investment objective
keyboard_arrow_down
HSBC Mutual Fund
Rank (total assets)#21 in India
Total AUM9,939.92 Cr
Date of Incorporation27 May 2002
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 2
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 27 May 2002. 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 ₹9,940 Cr and the Latest NAV as of 30 Jul 2021 is ₹55.20.
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. ...Read more
Investment Objective
The scheme aims to provide long term capital appreciation by investing in a diversified portfolio of equity & equity related instruments of companies 
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.
...Read more
Fund benchmarkS&P BSE 200 TRI
descriptionScheme Information Document(SID)
Fund house contact details
keyboard_arrow_down
Address
16, V N Road, Fort, Mumbai 400 001
Phone
022-	66145000
Launch Date
27 May 2002
E-mail
[email protected]
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,
Email
[email protected]
Website
www.camsonline.com
Compare funds
HSBC Tax Saver Equity Fund Direct Growth
VS
Add mutual fund to compare

No.11, 2nd floor, 80 FT Road
4th Block, S.T Bed, Koramangala
Bengaluru – 560034
Contact Us
PRODUCTS
StocksFutures & OptionsMutual FundsFixed DepositGoldUS Stocks
GROWW
About UsPricingBlogMedia & PressHelp and Support
QUICK LINKS
AMC Mutual FundsCalculatorsGlossaryOpen Demat AccountGroww Digest
ⓒ 2016-2021 Groww. All rights reserved, Built with ♥in India

	1Y	3Y	5Y	All
Fund returns	51.8%	12.2%	13.1%	14.6%
Category average	54.9%	14.2%	14.3%	NA
Rank with in category	25	25	23	NA

Name	Sector	Instrument	Assets
Infosys Ltd.	Technology	Equity	9.3%
ICICI Bank Ltd.	Financial	Equity	9.2%
HDFC Bank Ltd.	Financial	Equity	8.4%
Bajaj Finance Ltd.	Financial	Equity	4.9%
Reliance Industries Ltd.	Energy	Equity	4.3%
Tata Consultancy Services Ltd.	Technology	Equity	4.0%
Axis Bank Ltd.	Financial	Equity	3.5%
Hindustan Unilever Ltd.	FMCG	Equity	3.4%
Larsen & Toubro Ltd.	Construction	Equity	3.3%
Sun Pharmaceutical Industries Ltd.	Healthcare	Equity	2.4%

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

Rating	2
Fund Size	₹182.72 Cr