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HSBC Tax Saver Equity Fund Growth

Equity
ELSS
Very High Risk
3Y Lock Inlock
51.28%
1Y return
+1.14% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 02 Aug 2021₹51.83
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%)

Returns and rankings

Category: Equity ELSS
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns51.3%11.7%12.3%11.9%
Category average54.9%14.2%14.3%NA
Rank with in category272522NA
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 cons

Category: Equity ELSS

Pros

  • Age is more than 10 years
  • Exit load is zero
  • 10Y Returns are higher than the category average returns

Cons

  • Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
  • Higher expense ratio - 2.49%
  • 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

Expense ratio, exit load and tax

Expense ratio: 2.49%

Inclusive of GST

Exit load

Nil

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Upto Rs. 1.5 lac will be tax free under 80C. Lockin of 3 years. Returns will be taxed at 10%.

Understand termsinfo

Minimum investment amounts

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

Fund management

Fund house & investment objective

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Fund house contact details

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