HSBC Tax Saver Equity Fund Growth+1.20%

3
-16.70%
1 Year Return
Equity
ELSS
3.0star
6M
1Y
3Y
5Y
All

Fund Details

HSBC Tax Saver Equity Fund Growth

RiskModerately High
Min SIP Amount₹500
Expense Ratio2.49%
NAV31.46 (05 Jun 2020)
Fund Started05 Jan 2007
Fund Size124 Cr

Returns

1Y
3Y*
5Y*
Since inception*
HSBC Tax Saver Equity Fund Growth
-16.7%
-3.8%
4.0%
8.9%
Category Average
-21.0%
-6.2%
3.5%
-
Rank within category
27
27
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 -16.7% annual returns

    Comparison

    Data not available
    Pros
    1. Age is more than 10 years
    2. 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. Risk is higher compared to the benchmark
    4. Higher expense ratio
    5. 1Y Returns are lower than the benchmark
    6. 3Y Returns are lower than the benchmark
    7. 5Y Returns are lower than the benchmark
    8. 10Y Returns are lower than the benchmark

    Top Holdings

    NameSectorInstrument% Assets
    ICICI Bank Ltd.FinancialEquity10.1%
    HDFC Bank Ltd.FinancialEquity10.0%
    Reliance Industries Ltd.EnergyEquity6.8%
    Infosys Ltd.TechnologyEquity6.5%
    Hindustan Unilever Ltd.FMCGEquity5.4%
    Kotak Mahindra Bank Ltd.FinancialEquity4.2%
    Maruti Suzuki India Ltd.AutomobileEquity3.7%
    Bharti Airtel Ltd.CommunicationEquity3.4%
    Larsen & Toubro Ltd.ConstructionEquity3.4%
    Torrent Pharmaceuticals Ltd.HealthcareEquity3.0%
    See All

    Fund Managers

    HSBC Tax Saver Equity Fund Growth Details

    HSBC Tax Saver Equity Fund Growth is a Equity Mutual Fund Scheme launched by HSBC Mutual Fund. This scheme was made available to investors on 05 Jan 2007. Aditya Khemani is the Current Fund Manager of HSBC Tax Saver Equity Fund Growth fund.The fund currently has an Asset Under Management(AUM) of ₹124 Cr and the Latest NAV as of 05 Jun 2020 is ₹31.46.

    The HSBC Tax Saver Equity Fund 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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