HSBC Tax Saver Equity Fund Direct Growth+0.39%

2
-0.59%
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%
NAV36.36 (31 Jul 2020)
Fund Started01 Jan 2013
Fund Size129 Cr

Returns

1Y
3Y*
5Y*
Since inception*
HSBC Tax Saver Equity Fund Direct Growth
-0.6%
-1.0%
5.1%
10.5%
Category Average
-16.6%
-3.7%
6.3%
-
Rank within category
30
29
19
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    5 Years
    Estimated Value
    as per Historical Returns
    0
    with -0.6% annual returns

    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. Risk-adjusted returns are lower compared to the category
    3. 5Y Returns are lower than the category average returns

    Top Holdings

    NameSectorInstrument% Assets
    HDFC Bank Ltd.FinancialEquity10.0%
    Reliance Industries Ltd.EnergyEquity9.5%
    ICICI Bank Ltd.FinancialEquity8.4%
    Hindustan Unilever Ltd.FMCGEquity6.8%
    Infosys Ltd.TechnologyEquity6.4%
    Bharti Airtel Ltd.CommunicationEquity4.2%
    Kotak Mahindra Bank Ltd.FinancialEquity4.1%
    Larsen & Toubro Ltd.ConstructionEquity2.9%
    Bajaj Finance Ltd.FinancialEquity2.9%
    Sun Pharmaceutical Inds. Ltd.HealthcareEquity2.8%
    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 ₹129 Cr and the Latest NAV as of 31 Jul 2020 is ₹36.36.

    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

    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. The Fund may also invest in fixed income securities.

    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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