HSBC ELSS Fund Direct Plan Payout of Income Distribution cum Cap Wrdl
Equity
Direct
Elss (Tax Savings)
NAV: ₹ 34.7 as on 21-09-2023
Fund Performance
18 people have invested ₹ 31K in HSBC ELSS Fund Direct Plan Payout of Income Distribution cum Cap Wrdl in the last three months
About the Fund
HSBC ELSS Fund Direct Plan Payout of Income Distribution cum Cap Wrdl is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Cheenu Gupta. The fund could potentially beat inflation in the long-run.
Key Parameters
- HSBC ELSS Fund Direct Plan Payout of Income Distribution cum Cap Wrdl has ₹3295 Cr worth of assets under management (AUM) as on Aug 2023 and is more than category average.
- The fund has an expense ratio 1.1.
HSBC ELSS Fund Direct Plan Payout of Income Distribution cum Cap Wrdl Overview
 | 1.11% |
 Benchmark | S&P BSE 200 India TR INR |
 | ₹3295 Cr |
 | 1 January, 2013 |
 | ₹500/₹1000 |
 | 0% |
 | 3 Years |
 TurnOver | 70.25% |
Fund Distribution as on (31-Aug-23)
Size breakup
Large cap
61.5%
Mid cap
25%
Small cap
11.7%
Sector Allocation
Financial Services
29.9%
Industrial
20.1%
Consumer Cyclical
17.6%
Tech
13.4%
Consumer Defensive
6.7%
Health
5.2%
Basic Materials
3.7%
Energy
3.4%
Top Holdings of HSBC ELSS Fund Direct Plan Payout of Income Distribution cum Cap Wrdl as on (31-Aug-23)
Equity Holdings52
HSBC ELSS Fund Direct Plan Payout of Income Distribution cum Cap Wrdl: Monthly Changes Updates
All changes are between Jun'23 and Aug'23
Fund Performance
- This fund’s returns stands at 0.82% whereas the fund’s underlying benchmark Nifty 500 returns stands at -0.74% as on Aug'23
- This fund outperformed Nifty 500 by 1.56% in Aug'23
AUM Change
- AUM of the fund stands at 3.3K Cr as of Aug'23
- AUM decreased by 5.4 Cr between Aug'23 and Jul'23
Fund Portfolio Changes
Gainers & Losers in HSBC ELSS Fund Direct Plan Payout of Income Distribution cum Cap Wrdl portfolio Returns for the month of Aug
Top Growth Drivers | 1M Return |
|---|---|
 KEI Industries Ltd | 19.3% |
 Persistent Systems Ltd | 11.7% |
 KPIT Technologies Ltd | 7.6% |
Top Losers | 1M Return |
|---|---|
 Britannia Industries Ltd | -7.3% |
 HDFC Bank Ltd | -5.5% |
 ICICI Bank Ltd | -3.6% |
Peer Analysis
HSBC ELSS Fund Direct Plan Payout of Income Distribution cum Cap Wrdl Fund Manager
Cheenu Gupta
Fund Manager of HSBC ELSS Fund Direct Plan Payout of Income Distribution cum Cap Wrdl, since 2 July 2021
Top funds managed
Fund Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered an average annual returns of 13.97% since inception which is less than its category average return of 14.36%
Fund Allocations
This fund has an allocation of 98.17% in Equity, 0% in Debt and 1.83% in Cash related instruments
AUM size ₹3295 Cr
This fund has AUM of ₹3295 Cr which is more than its category average of ₹ 2953 Cr
Expense Ratio 1.11%
This fund has an expense ratio of 1.11% which is less than its category average expense ratio of 1.5%
Frequently Asked Questions
The current NAV of HSBC ELSS Fund Direct Plan Payout of Income Distribution cum Cap Wrdl is ₹34.71 as on 21-Sep-2023.
Existing (Absolute + CAGR) as on 21-Sep-2023.
HSBC ELSS Fund Direct Plan Payout of Income Distribution cum Cap Wrdl | Absolute Returns | CAGR Returns |
1 Month Returns | 4.59% | 4.59% |
6 Month Returns | 21.79% | 21.79% |
1 Year Returns | 15.33% | 15.33% |
3 Years Returns | 74.88% | 20.48% |
5 Years Returns | 68.7% | 11.03% |
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1.11% as on August 2023
₹3295 Cr as on August 2023
HDFC Bank Ltd(8.91%), ICICI Bank Ltd(5.74%), Larsen & Toubro Ltd(4.66%), Cholamandalam Investment and Finance Co Ltd(3.82%), Indian Hotels Co Ltd(3.5%) as on August 2023
Financial Services(29.37%), Industrial(19.7%), Consumer Cyclical(17.27%) as on August 2023
The alpha ratio for the HSBC ELSS Fund Direct Plan Payout of Income Distribution cum Cap Wrdl for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
HSBC ELSS Fund Direct Plan Payout of Income Distribution cum Cap Wrdl | 4.17 | 0.03 | -2.19 |
As on August 2023
The alpha for HSBC ELSS Fund Direct Plan Payout of Income Distribution cum Cap Wrdl is calculated against S&P BSE 200 India TR INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the HSBC ELSS Fund Direct Plan Payout of Income Distribution cum Cap Wrdl for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
HSBC ELSS Fund Direct Plan Payout of Income Distribution cum Cap Wrdl | 0.71 | 0.88 | 0.96 |
As on August 2023
The Beta for HSBC ELSS Fund Direct Plan Payout of Income Distribution cum Cap Wrdl is calculated with S&P BSE 200 India TR INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the HSBC ELSS Fund Direct Plan Payout of Income Distribution cum Cap Wrdl for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
HSBC ELSS Fund Direct Plan Payout of Income Distribution cum Cap Wrdl | 0.83 | 1.11 | 0.31 |
As on August 2023
The sharpe ratio for HSBC ELSS Fund Direct Plan Payout of Income Distribution cum Cap Wrdl is calculated with S&P BSE 200 India TR INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the HSBC ELSS Fund Direct Plan Payout of Income Distribution cum Cap Wrdl for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
HSBC ELSS Fund Direct Plan Payout of Income Distribution cum Cap Wrdl | 9.37 | 13.69 | 19.33 |
As on August 2023
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
Sortino ratio is 2.18 as on August 2023. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Cheenu Gupta is the fund manager of HSBC ELSS Fund Direct Plan Payout of Income Distribution cum Cap Wrdl
The Exit load of HSBC ELSS Fund Direct Plan Payout of Income Distribution cum Cap Wrdl is 0%