HSBC Tax Saver Equity Fund Direct Growth
NAV as on 29-04-2025
₹ 99.91
1D
Inception Returns
15.4%
/yr
Historical NAV & Returns
Absolute
▲
▼
2 people have invested ₹ 45.3K in HSBC Tax Saver Equity Fund Direct Growth in the last three months
About HSBC Tax Saver Equity Fund Direct Growth
HSBC Tax Saver Equity Fund Direct Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Sonal Gupta. The fund could potentially beat inflation in the long-run.
Key Parameters
- HSBC Tax Saver Equity Fund Direct Growth has ₹210 Cr worth of assets under management (AUM) as on Mar 2025 and is less than category average.
- The fund has an expense ratio 1.6.
Returns
HSBC Tax Saver Equity Fund Direct Growth has given a CAGR return of 15.38% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 12.58%, 18.69% and 25.94% respectively.
Holdings
HSBC Tax Saver Equity Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Tech, Consumer Cyclical, Health, Industrial, Communication, Energy, Basic Materials, Consumer Defensive, Real Estate. Its top holdings are ICICI Bank Ltd, Infosys Ltd, HDFC Bank Ltd, Dixon Technologies (India) Ltd, Multi Commodity Exchange of India Ltd
Taxation
As it is a elss (tax savings) mutual fund the taxation is as follows:For short term (less than a year) capital gains will be taxed at 20%For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefitDividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.
Investment objective of HSBC Tax Saver Equity Fund Direct Growth
To provide a reasonable income through a diversified portfolio of fixed income securities such that the Macaulay duration of the portfolio is between 1 year to 3 years. However, there can be no assurance or guarantee that the investment objective of the scheme would be achieved.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 500.00 and for SIP is INR 500.00. There is a lock in period for HSBC Tax Saver Equity Fund Direct Growth of 3 Years
HSBC Tax Saver Equity Fund Direct Growth Overview
| Expense ratio | 1.59% |
Benchmark | Nifty 500 TR INR |
| AUM | ₹210 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | --/-- |
| Exit Load | 0% |
| Lock In | 3 Years |
TurnOver | 19% |
| STCG | Selling mutual fund before 1 year, returns taxed at 20%. |
| LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
| Risk |   Very High Risk |
INDmoney Rank for HSBC Tax Saver Equity Fund Direct Growth
Powered by IND quant engine
IND ranking is not available for this fund.
3Y returns in the top 25% of the category
Beats FD returns for both 3Y & 5Y duration
No bad points found for this fund.
Trailing Returns
as on (29-Apr-25)
Fund Distribution
as on (31-Mar-25)
Large cap
47.2%
Small cap
31.7%
Mid cap
19.4%
Sector Allocation
Financial Services
31.9%
Tech
13.9%
Consumer Cyclical
13.4%
Health
11.9%
Industrial
8.8%
Communication
5.5%
Energy
4.3%
Basic Materials
4%
Consumer Defensive
3.1%
Real Estate
2.9%
All changes are between Jan'25 and Mar'25
- This fund’s returns stands at 8.21% whereas the fund’s underlying benchmark Nifty 500 returns stands at 7.25% as on Mar'25
- This fund outperformed Nifty 500 by 0.96% in Mar'25
- AUM of the fund stands at 236.4 Cr as of Mar'25
- AUM has remained same between Mar'25 and Feb'25
Top Stocks bought last month
HDFC Bank Ltd's allocation increased from 4.98% to 5.71%
ICICI Bank Ltd's allocation increased from 6.61% to 7.14%
Axis Bank Ltd's allocation increased from 2.18% to 2.52%
Top Stocks sold last month
Dixon Technologies (India) Ltd's allocation decreased from 5.26 % to 4.7 %
Multi Commodity Exchange of India Ltd's allocation decreased from 4.49 % to 4.39 %
Amber Enterprises India Ltd Ordinary Shares's allocation decreased from 4.13 % to 4.01 %
Mid Cap allocation has gone down from 19.6% to 19.4%
Large Cap allocation has gone up from 44.5% to 47.2%
Small Cap allocation has gone down from 33.1% to 31.7%
Cash allocation has gone down from 2.3% to 1.4%
Top 3 Sectors in March were Financial Services, Tech & Consumer Cyclical
Mar'25
Financial Services
32%
Tech
14%
Consumer Cyclical
13%
Feb'25
Financial Services
31%
Tech
14%
Consumer Cyclical
14%
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 ICICI Bank Ltd | 7.14% | 0% | |
 Infosys Ltd | 6.58% | 0% | |
 HDFC Bank Ltd | 5.71% | 0% | |
 Dixon Technologies (India) Ltd | 4.7% | 0% | |
 Multi Commodity Exchange of India Ltd | 4.39% | 0% |
See all
Funds | 1Y Returns | 3Y Returns | 5Y Returns | Since Inception |
|---|---|---|---|---|
HSBC Tax Saver Equity Fund Direct Growth | 12.58% | 18.69% | 25.94% | 15.38% |
 DSP ELSS Tax Saver Fund Direct Plan Growth | 18.69% | 20.61% | 28.67% | 18.31% |
 Motilal Oswal ELSS Tax Saver Fund Direct Plan Growth | 11.13% | 25.11% | 28.75% | 18.01% |
 Mirae Asset ELSS Tax Saver Fund -Direct Plan-Growth | 10.81% | 15.9% | 26.57% | 19.39% |
See all
Top Growth Drivers | 1M Return |
|---|---|
 ICICI Bank Ltd | 8.4% |
 Prudent Corporate Advisory Services Ltd | 6.2% |
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Sonal Gupta
Fund Manager of HSBC Tax Saver Equity Fund Direct Growth, since 2 September 2024
Top funds managed
Fund House
HSBC Asset Management (India) Private Ltd
Total Schemes
Total AUM
₹1.16L Cr
as on 31-Mar-2025
Address
HSBC Asset Management (India) Private Ltd.,16, V N Road,,Fort
Phone
+912266145000
Website
hsbcmf@hsbc.co.in
Mutual Fund Insights
In the last 3 years, SBI Long Term Equity Fund Direct Growth has given 25.04% return, outperforming this fund by 6.35% per annum.
In the last 5 years, Quant ELSS Tax Saver Growth Option Direct Plan has given 36.89% return, outperforming this fund by 10.95% per annum.
In the last 1 year, DSP ELSS Tax Saver Fund Direct Plan Growth has given 14.89% return, outperforming this fund by 2.3%.
Over the last 3 months, this fund has experienced a 19.1% drop in AUM moving from 260.16 Cr to 210.48 Cr.
HSBC Tax Saver Equity Fund Direct Growth 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 15.38% since inception which is more than its category average return of 14.89%
Fund Allocations
This fund has an allocation of 98.61% in Equity, 0% in Debt and 1.39% in Cash related instruments
AUM size ₹210 Cr
This fund has AUM of ₹210 Cr which is less than its category average of ₹ 4910 Cr
Expense Ratio 1.59%
This fund has an expense ratio of 1.59% which is more than its category average expense ratio of 1.4%
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5Y CAGR
▲ 32.94
5Y CAGR
▲ 31.29
5Y CAGR
▲ 29.37
5Y CAGR
▲ 27.54
5Y CAGR
▲ 36.62
Frequently Asked Questions for HSBC Tax Saver Equity Fund Direct Growth
The current NAV of HSBC Tax Saver Equity Fund Direct Growth is ₹99.91 as on 29-Apr-2025.
Existing (Absolute + CAGR) as on 29-Apr-2025.
HSBC Tax Saver Equity Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 3.87% | 3.87% |
6 Month Returns | -2.28% | -2.28% |
1 Year Returns | 12.58% | 12.58% |
3 Years Returns | 67.19% | 18.69% |
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1.59% as on March 2025
₹210 Cr as on March 2025
ICICI Bank Ltd(7.14%), Infosys Ltd(6.58%), HDFC Bank Ltd(5.71%), Dixon Technologies (India) Ltd(4.7%), Multi Commodity Exchange of India Ltd(4.39%) as on March 2025
Financial Services(31.5%), Tech(13.74%), Consumer Cyclical(13.26%) as on March 2025
The alpha ratio for the HSBC Tax Saver Equity Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
HSBC Tax Saver Equity Fund Direct Growth | 6.73 | 2.17 | 1.11 |
As on March 2025
The alpha for HSBC Tax Saver Equity Fund Direct Growth is calculated against Nifty 500 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 Tax Saver Equity Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
HSBC Tax Saver Equity Fund Direct Growth | 1.03 | 0.98 | 0.96 |
As on March 2025
The Beta for HSBC Tax Saver Equity Fund Direct Growth is calculated with Nifty 500 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 Tax Saver Equity Fund Direct Growth for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
HSBC Tax Saver Equity Fund Direct Growth | 0.39 | 0.62 | 1.23 |
As on March 2025
The sharpe ratio for HSBC Tax Saver Equity Fund Direct Growth is calculated with Nifty 500 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 Tax Saver Equity Fund Direct Growth for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
HSBC Tax Saver Equity Fund Direct Growth | 19.36 | 15.65 | 15.89 |
As on March 2025
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 0.97 as on March 2025. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.36 as on March 2025. It tells the consistency of the fund in generating superior risk-adjusted performance
Sonal Gupta is the fund manager of HSBC Tax Saver Equity Fund Direct Growth
The Exit load of HSBC Tax Saver Equity Fund Direct Growth is 0%