HSBC Equity Savings Direct Plan Growth Plan

HSBC Equity Savings Direct Plan Growth Plan

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Hybrid
Direct
Equity Savings
NAV: ₹ 33.13 as on 17-05-2024

About the Fund

HSBC Equity Savings Direct Plan Growth Plan is a hybrid fund. This fund was started on 1 January, 2013. The fund is managed by Cheenu Gupta. This fund gives you the benefit of diversification.

Key Parameters

  1. HSBC Equity Savings Direct Plan Growth Plan has ₹275 Cr worth of assets under management (AUM) as on Apr 2024 and is less than category average.
  2. The fund has an expense ratio 0.6.
Fund Performance
zero opening, trading, fund transfer fee
109 people have invested ₹ 38.4L in HSBC Equity Savings Direct Plan Growth Plan in the last three months

Overview

Expense ratio
Expense ratio
0.61%
Benchmark
Benchmark
NIFTY Equity Savings TR INR
AUM
AUM
₹275 Cr
Inception Date
Inception Date
1 January, 2013
Min Lumpsum/SIP
Min Lumpsum/SIP
₹5000/₹500
Exit Load
Exit Load
0.5%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
70.04%

HSBC Equity Savings Direct Plan Growth Plan Distribution as on (30-Apr-24)

  • Equity 42.9%

  • Debt & Cash 57.1%

Size breakup

Large cap
31.8%
Small cap
26.2%
Mid cap
12%
Sector Allocation

Apr'24

Mar'24

Feb'24

Industrial
37.2%
Consumer Cyclical
13.1%
Financial Services
11%
Tech
9.8%
Basic Materials
8.9%
Consumer Defensive
8.5%
Health
5.1%
Real Estate
4.8%
Energy
0.6%
Communication
0.5%
Utilities
0.5%

Top Holdings of HSBC Equity Savings Direct Plan Growth Plan as on (30-Apr-24)

  • Equity

  • Debt & Cash

Equity Holdings52
Debt Holdings9

Monthly Changes Updates

All changes are between Oct'69 and Dec'69
AUM Change
Parameters
Apr'24
Mar'24
Feb'24
AUM
₹ 230.2 Cr
₹ 230.2 Cr
₹ 225.2 Cr
  • AUM of the fund stands at 230.2 Cr as of Apr'24
  • AUM has remained same between Apr'24 and Mar'24
Fund Portfolio Changes

Mutual Fund Insights

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Over the last 6 months, this fund has experienced a 56.8% growth in AUM moving from 175.39 Cr to 274.96 Cr.
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In the last 3 years, Sundaram Equity Savings - Direct Plan - Growth Option has given 14.37% return, outperforming this fund by 0.37% per annum.
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In the last 1 year, this fund has outperformed all funds in its category.
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In the last 5 years, Sundaram Equity Savings - Direct Plan - Growth Option has given 13.94% return, outperforming this fund by 1.55% per annum.
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This fund has one of the lowest expense ratio in the category (equity savings). Its expense ratio is 0.61% which is lower than the category average expense ratio of 1.06%.

Fund Manager

Cheenu Gupta
Cheenu Gupta
Fund Manager of HSBC Equity Savings Direct Plan Growth Plan, since 2 July 2021

HSBC Equity Savings Direct Plan Growth Plan Highlights

Risk meter
pointer

Moderately High risk

Investors understand that their principal will be at Moderately High risk
About the fund

About the fund

This fund has delivered an average annual returns of 10.11% since inception which is more than its category average return of 8.05%
Fund Allocations

Fund Allocations

This fund has an allocation of 42.91% in Equity, 22.15% in Debt and 34.94% in Cash related instruments
AUM size ₹275 Cr

AUM size ₹275 Cr

This fund has AUM of ₹275 Cr which is less than its category average of ₹ 1280 Cr
Expense Ratio 0.61%

Expense Ratio 0.61%

This fund has an expense ratio of 0.61% which is less than its category average expense ratio of 1.16%

Frequently Asked Questions

The current NAV of HSBC Equity Savings Direct Plan Growth Plan is ₹33.13 as on 17-May-2024.
Existing (Absolute + CAGR) as on 17-May-2024.
HSBC Equity Savings Direct Plan Growth Plan
Absolute Returns
CAGR Returns
1 Month Returns
3.33%
3.33%
6 Month Returns
13.44%
13.44%
1 Year Returns
23.71%
23.71%
3 Years Returns
48.17%
14%
5 Years Returns
79.3%
12.39%
With INDmoney, the process of investing is very simple and involves zero commission.
  • Click Buy on the fund name.
  • Input the amount you are looking to invest.
  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.
0.61% as on April 2024
₹275 Cr as on April 2024
Bharat Electronics Ltd(6.35%), 5.22% Govt Stock 2025(5.45%), HDFC Bank Ltd(4.9%), United Spirits Ltd(4.88%), Larsen & Toubro Ltd(4.31%) as on April 2024
Cash Equivalent(30.81%), Industrial(15.94%), Government(15.94%) as on April 2024
AAA
100
Cheenu Gupta is the fund manager of HSBC Equity Savings Direct Plan Growth Plan
The Exit load of HSBC Equity Savings Direct Plan Growth Plan is 0.5%