HSBC Tax Saver Equity Fund Direct Growth

Equity
ELSS
Very High Risk
3Y Lock In
20.35%
3Y annualised
+0.17% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 26 Feb 2024₹84.63
Min. SIP amountNot Supported
RatingNA
Fund size₹219.12Cr

Return calculator

Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of 0
Would have become (%)

Returns and rankings

Category: Equity ELSS
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns42.3%20.4%19.2%15.4%
Category average38.1%19.3%18.6%NA
Rank with in category212127NA
Understand terms

Holdings (42)

NameSectorInstrumentAssets
FinancialEquity8.92%
TechnologyEquity6.22%
EnergyEquity5.23%
FinancialEquity5.17%
ConstructionEquity4.85%
FinancialEquity3.92%
ConstructionEquity3.85%
Capital GoodsEquity3.50%
Consumer DiscretionaryEquity3.04%
AutomobileEquity2.72%
See All

Pros and cons

Category: Equity ELSS

Pros

Cons

Exit load is zero
Lower AUM: 194Cr. Funds with lower AUM tend to have higher expense ratio
Lower expense ratio: 1.28%
Consistently lower annualised returns than category average for the past 1Y, 3Y and 5Y
Lock-in period: 3Y
Low rating: 2

Expense ratio, exit load and tax

Expense ratio: 1.60%

Inclusive of GST

Exit load

Nil

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investmentNot Supported
Min. for 2nd investment onwardsNot Supported
Min. for SIPNot Supported

Fund management

Fund house & investment objective

Fund house contact details

Address
9-11th Floor,NESCO - IT Park Bldg. 3,Western Express Highway, Goregaon East, Mumbai 400063
Phone
NA
Launch Date
27 May 2002
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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