Pros | ![]() 3Y returns in the top 25% of the category. ![]() Beats FD returns for both 3Y & 5Y duration. | ![]() Larger AUM within category. ![]() Beats FD returns for both 3Y & 5Y. | ||
Cons | - | ![]() Has not generated consistent returns. ![]() Does not beat the benchmark consistently. ![]() Highly volatile within category. |
INDMoney rank | - | 22/23 | ||
Category,Subcateogry | Equity,Elss (Tax Savings) | Equity,Elss (Tax Savings) | ||
Fund Age | 12 Years | 12 Years | ||
Fund Size | 253 Cr | 36258 Cr | ||
Min Investment | SIP ₹1000 Lumpsum ₹500 | SIP ₹500 Lumpsum ₹500 | ||
Expense Ratio | 1.8% | 0.8% | ||
Exit Load | 0% | 0% | ||
Benchmark Index | Nifty 500 TR INR | Nifty 500 TR INR |
No of Holdings | 57 | 93 | ||
Top 5 Holdings | ICICI Bank Ltd (7.38%) HDFC Bank Ltd (5.52%) Multi Commodity Exchange of India Ltd (4.44%) Reliance Industries Ltd (4.37%) Infosys Ltd (4%) | HDFC Bank Ltd (8.38%) ICICI Bank Ltd (6.04%) Bharti Airtel Ltd (4.36%) Bajaj Finance Ltd (4.21%) Torrent Power Ltd (3.06%) | ||
No of Sectors | 10 | 11 | ||
Top 3 Sectors | Financial Services (33.98%) Consumer Cyclical (15.78%) Health (11.73%) | Financial Services (31.11%) Consumer Cyclical (14.62%) Industrial (11.1%) | ||
Equity % | 98.47% | 97.31% | ||
Debt % | - | - | ||
P/E | 30.02 | 31.23 | ||
P/B | 4.72 | 5.24 | ||
Credit Quality | - | - | ||
Modified Duration | - | - | ||
YTM | - | - |
1-Month Return | 2.32% | 1.69% | ||
3-Month Return | 15.19% | 9.43% | ||
6-Month Return | 7.59% | 8.3% | ||
1-Year Return | 10.64% | 4.78% | ||
3-Year Return | 24.54% | 17.55% | ||
5-Year Return | 25.2% | 18.15% |
Sharpe | 1.2 | 0.86 | ||
Alpha | 3.65 | -1.11 | ||
Beta | 0.97 | 0.96 | ||
Standard Deviation | 14.84 | 14.77 | ||
Information Ratio | 0.66 | -0.35 |
Description | HSBC Tax Saver Equity Fund Direct Growth is an equity fund.The fund could potentially beat inflation in the long-run. | Axis ELSS Tax Saver Fund Direct Plan Growth Option is an equity fund.The fund could potentially beat inflation in the long-run. | ||
Managers | Sonal Gupta | Shreyash Devalkar,Ashish Naik |