HSBC Tax Saver Equity Fund - IDCW Direct
HSBC Tax Saver Equity Fund - IDCW Direct

HSBC Tax Saver Equity Fund - IDCW Direct

Equity
Direct
Elss (Tax Savings)

NAV: ₹ 28 as on 30-09-2022

Fund Performance

Fund Performance

Return
1M
3M
6M
1Y
3Y
5Y
This Fund
-2.9%
10.7%
-1.5%
-5.3%
14%
8.4%
Benchmark
-2.4%
10.7%
-1.7%
-1.2%
17.1%
11.5%
Category
-2.3%
11.1%
0.4%
-0.8%
16.6%
11.2%
About the Fund

HSBC Tax Saver Equity Fund - IDCW Direct is an equity fund. This fund was started on  1 January, 2013. The fund is managed by Gautam Bhupal. The fund could potentially beat inflation in the long-run.

Key parameters

1) HSBC Tax Saver Equity Fund - IDCW Direct has a NAV of 28.046 as on 30-09-2022.

2) HSBC Tax Saver Equity Fund - IDCW Direct has 195 Cr worth of assets under management (AUM) as on 31-08-2022 and is less than category average.

3) The fund has an expense ratio 1.28 %.

Fund Overview

Expense ratio
Expense ratio
1.28%
Benchmark
Benchmark
S&P BSE 200 India TR INR
AUM
AUM
₹195 Cr
Inception Date
Inception Date
1 January, 2013
Min Lumpsum/SIP
Min Lumpsum/SIP
₹500/₹500
Exit Load
Exit Load
0%
Lock In
Lock In
3 Years
TurnOver
TurnOver
25.58%

Fund Distribution

  • Equity 98.7%
  • Debt & Cash 1.3%
Size breakup
Large cap
71.8%
Mid cap
15.8%
Small cap
11.9%

Sector Allocation

Aug'22

Jul'22

Jun'22

Financial Services

35.2%

Tech

15.2%

Consumer Cyclical

10.9%

Industrial

10.5%

Health

6.8%

Energy

6.8%

Basic Materials

4.7%

Real Estate

4.1%

Consumer Defensive

3.5%

Communication

2.3%

Top Holdings

  • All
  • Equity
  • Debt & Cash
Total Holdings41
Equity Holdings39
Debt Holdings2

What changed

in last one month
  • Scheme
  • Portfolio
AUM increased by 4.6 Cr in last 1M
Aug'22 return outperformed benchmark

Change in AUM

Aug'22
₹ 194.7 Cr
Jul'22
₹ 190.1 Cr
Jun'22
₹ 172.7 Cr

Fund Returns vs Benchmark

Aug'22
10.74%
9.49%
Jul'22
10.74%
9.49%
Jun'22
-4.76%
-4.94%
Fund Return
Benchmark Return

Concentration Analysis

Fund
Aug'22
Jul'22
Jun'22
No of Holdings
43
43
44
Top 5 Company Concentration
35.8%
35.8%
36.4%
Company having highest exposure
ICICI Bank Ltd (8.6%)
ICICI Bank Ltd (8.6%)
HDFC Bank Ltd (8.4%)
No of Sectors
11
11
11
Top 5 Sectors Concentration
78.3%
78.3%
77.6%
Sector having highest exposure
Financial Services (35.1%)
Financial Services (35.1%)
Financial Services (33.7%)

Fund Manager

Gautam Bhupal

Gautam Bhupal

Managing this fund since 16 July 2019

Top funds managed

Scheme
Annualised Returns(3Y)
Category Returns(3Y)
HSBC Tax Saver Equity Fund Direct Growth
16.41%
16.62%
HSBC Infrastructure Equity Fund Growth Direct
22.52%
20.76%
HSBC Focused Equity Fund Direct Growth
0%
16.25%

AMC details

Address
HSBC Asset Management (India) Private Ltd.,16, V N Road,,Fort
Phone
+912266145000
Fund House
HSBC Asset Management(India)Private Ltd

Fund Highlights

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 12.8% since inception which is less than its category average return of 13.66%
Fund Allocations

Fund Allocations

This fund has an allocation of 98.73% in Equity, 0% in Debt and 1.27% in Cash related instruments
AUM size ₹195 Cr

AUM size ₹195 Cr

This fund has AUM of ₹195 Cr which is less than its category average of ₹ 2720 Cr
Expense Ratio 1.28%

Expense Ratio 1.28%

This fund has an expense ratio of 1.28% which is less than its category average expense ratio of 1.58%

Frequently Asked Questions

The current NAV of HSBC Tax Saver Equity Fund - IDCW Direct is 28.05.
Existing (Absolute + CAGR)
HSBC Tax Saver Equity Fund - IDCW Direct
Absolute Returns
CAGR Returns
1 Month Returns
-2.87%
-2.87%
6 Month Returns
-1.49%
-1.49%
1 Year Returns
-5.31%
-5.31%
3 Years Returns
48.12%
13.99%
5 Years Returns
49.82%
8.42%
With INDmoney, the process of investing is very simple and involves zero commission.
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1.28 as on September 2022
195 Cr as on September 2022
ICICI Bank Ltd(8.61%),HDFC Bank Ltd(8.3%),Infosys Ltd(7.83%),Reliance Industries Ltd(6.73%),Larsen & Toubro Ltd(4.28%) as on September 2022
Financial Services(35.06%),Tech(15.15%),Consumer Cyclical(10.84%) as on September 2022
The alpha ratio for the HSBC Tax Saver Equity Fund - IDCW Direct for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
HSBC Tax Saver Equity Fund - IDCW Direct
-5.06
-3.29
-3.93
As on month end.
The alpha for HSBC Tax Saver Equity Fund - IDCW Direct 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 Tax Saver Equity Fund - IDCW Direct for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
HSBC Tax Saver Equity Fund - IDCW Direct
1.09
1
1.02
As on month end.
The Beta for HSBC Tax Saver Equity Fund - IDCW Direct 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 Tax Saver Equity Fund - IDCW Direct 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 - IDCW Direct
-0.07
0.62
0.28
As on month end.
The sharpe ratio for HSBC Tax Saver Equity Fund - IDCW Direct 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 Tax Saver Equity Fund - IDCW Direct 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 - IDCW Direct
17.29
23
20.58
As on month end.
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.
0.85
Gautam Bhupal is the fund manager of HSBC Tax Saver Equity Fund - IDCW Direct
The Exit load of HSBC Tax Saver Equity Fund - IDCW Direct is 0%