HSBC ELSS Tax saver Fund Direct Plan Payout of Income Distribution cum Cap Wrdl

HSBC ELSS Tax saver Fund Direct Plan Payout of Income Distribution cum Cap Wrdl

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Equity
Direct
Elss (Tax Savings)
NAV: ₹ 39.95 as on 17-05-2024

About the Fund

HSBC ELSS Tax saver 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

  1. HSBC ELSS Tax saver Fund Direct Plan Payout of Income Distribution cum Cap Wrdl has ₹3889 Cr worth of assets under management (AUM) as on Apr 2024 and is more than category average.
  2. The fund has an expense ratio 1.1.
Fund Performance
zero opening, trading, fund transfer fee
16 people have invested ₹ 1L in HSBC ELSS Tax saver Fund Direct Plan Payout of Income Distribution cum Cap Wrdl in the last three months

Overview

Expense ratio
Expense ratio
1.1%
Benchmark
Benchmark
S&P BSE 200 India TR INR
AUM
AUM
₹3889 Cr
Inception Date
Inception Date
1 January, 2013
Min Lumpsum/SIP
Min Lumpsum/SIP
₹500/₹1000
Exit Load
Exit Load
0%
Lock In
Lock In
3 Years
TurnOver
TurnOver
70.25%

HSBC ELSS Tax saver Fund Direct Plan Payout of Income Distribution cum Cap Wrdl Distribution as on (30-Apr-24)

  • Equity 98.9%

  • Debt & Cash 1.1%

Size breakup

Large cap
48.6%
Mid cap
25.5%
Small cap
24.8%
Sector Allocation

Apr'24

Mar'24

Feb'24

Financial Services
22.6%
Industrial
22.4%
Consumer Cyclical
18.5%
Tech
9.5%
Energy
6.1%
Basic Materials
5.2%
Health
4.9%
Utilities
4%
Real Estate
3.2%
Consumer Defensive
2%
Communication
1.6%

Top Holdings of HSBC ELSS Tax saver Fund Direct Plan Payout of Income Distribution cum Cap Wrdl as on (30-Apr-24)

  • Equity

Equity Holdings82

Gainers & Losers Returns for the month of Apr

Top Growth Drivers
1M Return
Exide Industries Ltd
Exide Industries Ltd
5.9%

Monthly Changes Updates

All changes are between Feb'24 and Apr'24
Fund Performance
Apr'24
Mar'24
Feb'24
Fund Returns
6.84%
-5.25%
1.93%
Nifty 500
2.46%
-0.47%
1.58%
  • This fund’s returns stands at 6.84% whereas the fund’s underlying benchmark Nifty 500 returns stands at 2.46% as on Apr'24
  • This fund outperformed Nifty 500 by 4.38% in Apr'24
AUM Change
Parameters
Apr'24
Mar'24
Feb'24
AUM
₹ 3.7K Cr
₹ 3.7K Cr
₹ 3.7K Cr
  • AUM of the fund stands at 3.7K Cr as of Apr'24
  • AUM has remained same between Apr'24 and Mar'24
Fund Portfolio Changes

Fund Manager

Cheenu Gupta
Cheenu Gupta
Fund Manager of HSBC ELSS Tax saver Fund Direct Plan Payout of Income Distribution cum Cap Wrdl, since 2 July 2021

HSBC ELSS Tax saver Fund Direct Plan Payout of Income Distribution cum Cap Wrdl Highlights

Risk meter
pointer

Very High Risk

Investors understand that their principal will be at Very High Risk
About the fund

About the fund

This fund has delivered an average annual returns of 14.4% since inception which is less than its category average return of 15.84%
Fund Allocations

Fund Allocations

This fund has an allocation of 98.93% in Equity, 0% in Debt and 1.07% in Cash related instruments
AUM size ₹3889 Cr

AUM size ₹3889 Cr

This fund has AUM of ₹3889 Cr which is more than its category average of ₹ 3661 Cr
Expense Ratio 1.1%

Expense Ratio 1.1%

This fund has an expense ratio of 1.1% which is less than its category average expense ratio of 1.48%

Frequently Asked Questions

The current NAV of HSBC ELSS Tax saver Fund Direct Plan Payout of Income Distribution cum Cap Wrdl is ₹39.95 as on 17-May-2024.
Existing (Absolute + CAGR) as on 17-May-2024.
HSBC ELSS Tax saver Fund Direct Plan Payout of Income Distribution cum Cap Wrdl
Absolute Returns
CAGR Returns
1 Month Returns
6.58%
6.58%
6 Month Returns
11.64%
11.64%
1 Year Returns
27.43%
27.43%
3 Years Returns
54.85%
15.69%
5 Years Returns
106.66%
15.62%
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1.1% as on April 2024
₹3889 Cr as on April 2024
HDFC Bank Ltd(4.54%), Reliance Industries Ltd(4.06%), Larsen & Toubro Ltd(3.68%), ICICI Bank Ltd(3.42%), KPIT Technologies Ltd(2.54%) as on April 2024
Financial Services(22.4%), Industrial(22.19%), Consumer Cyclical(18.29%) as on April 2024
The alpha ratio for the HSBC ELSS Tax saver 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 Tax saver Fund Direct Plan Payout of Income Distribution cum Cap Wrdl
-2.22
-2.21
-2.58
As on April 2024
The alpha for HSBC ELSS Tax saver 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 Tax saver 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 Tax saver Fund Direct Plan Payout of Income Distribution cum Cap Wrdl
0.78
0.86
0.96
As on April 2024
The Beta for HSBC ELSS Tax saver 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 Tax saver 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 Tax saver Fund Direct Plan Payout of Income Distribution cum Cap Wrdl
1.52
0.76
0.54
As on April 2024
The sharpe ratio for HSBC ELSS Tax saver 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 Tax saver 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 Tax saver Fund Direct Plan Payout of Income Distribution cum Cap Wrdl
12.45
13.26
19.08
As on April 2024
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 1.28 as on April 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Cheenu Gupta is the fund manager of HSBC ELSS Tax saver Fund Direct Plan Payout of Income Distribution cum Cap Wrdl
The Exit load of HSBC ELSS Tax saver Fund Direct Plan Payout of Income Distribution cum Cap Wrdl is 0%