HSBC ELSS Tax saver Fund Direct Growth

HSBC ELSS Tax saver Fund Direct Growth

Equity

HSBC Mutual Fund

Elss (Tax Savings)

Get the latest NAV of HSBC ELSS Tax saver Fund Direct Growth. View historical returns compared to its benchmark and category average. Know which stocks and sectors the fund is investing in. Get an estimate of returns from the SIP and lump sum returns calculator. View detailed holding analysis and peer comparison. Get INDmoney ranking of the fund.

₹139.35

▲4.4%1D

NAV as on 12 May 2025

15.43%/per year

Since Inception

Absolute Gain%

▲▼

892 people have invested ₹ 26.5L in HSBC ELSS Tax saver Fund Direct Growth in the last three months

HSBC ELSS Tax saver Fund Performance vs. Nifty 500

Fund returns vs Benchmark returns vs Category Average returns as on (12-May-25)

The fund has consistently outperformed the benchmark (Nifty 500) over the last 1Y, 3Y, 5Y time periods.

Period
This Fund
Nifty 500
Category Avg
1 Month
8.35%
8.47%
7.76%
3 Months
7.25%
7.67%
6.15%
6 Months
-1.84%
0.81%
-1.02%
1 Year
14%
9.98%
10.42%
3 Years
23.99%
18.69%
20.43%
5 Years
25.47%
24.52%
25.05%

HSBC ELSS Tax saver Fund Ranking and Peer Comparison

Ranked based on performance, risk management and cost efficiency

20
/23
52% Performance
38% Risk Management
0% Cost

Ranked 20 out of 23 mutual funds in the elss (tax savings) category as per INDmoney.

Fund Name
INDmoney Rank
AUM (in Crs.)
Expense Ratio
1Y Returns
3Y Returns
Inception Returns
HSBC ELSS Tax saver Fund
20/23
3,917Cr
1.11%
14%
23.99%
15.43%
SBI Long Term Equity Fund Direct Growth
3/23
28,506Cr
0.95%
12.42%
29.16%
16.75%
DSP ELSS Tax Saver Fund Direct Growth
4/23
16,638Cr
0.72%
18.45%
24.2%
18.27%
Mirae Asset ELSS Tax Saver Fund Direct Growth
7/23
24,774Cr
0.6%
13.2%
20.12%
19.48%
See all
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Beats FD returns for both 3Y & 5Y
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No bad points found for this fund.

HSBC ELSS Tax saver Fund Returns Calculator

Calculate SIP and lumpsum returns based on historical performance

  • 1-time

  • SIP

Total Investment

0

Profit

Total Corpus

0

Absolute Return
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HSBC ELSS Tax saver Fund Asset Allocation

See fund asset allocation details as on (15-Apr-25)

Fund Distribution

as on (15-Apr-25)

Equity 99.3%

Debt & Cash 0.7%

Large cap
50.7%
Small cap
25.7%
Mid cap
23.2%
Mid Cap allocation has gone up from 22.8% to 23.2%
Mid Cap allocation has gone up from 22.8% to 23.2%
Large Cap allocation has gone up from 50.7% to 50.7%
Large Cap allocation has gone up from 50.7% to 50.7%
Small Cap allocation has gone up from 25.1% to 25.7%
Small Cap allocation has gone up from 25.1% to 25.7%
Cash allocation has gone down from 1.4% to 0.4%
Cash allocation has gone down from 1.4% to 0.4%

HSBC ELSS Tax saver Fund Sector Allocation

See fund sector allocation details as on (15-Apr-25)

Sector Allocation

Equity 99.3%

Debt & Cash 0.7%

Financial Services
23.2%
Industrial
20.8%
Consumer Cyclical
17.2%
Tech
10.5%
Basic Materials
6.5%
Health
5.4%
Energy
4.3%
Utilities
3.8%
Consumer Defensive
3.7%
Real Estate
2.9%
Communication
1.8%

Top 3 Sectors in March were Financial Services, Consumer Cyclical & Industrial

Mar'25

Financial Services

25%

Consumer Cyclical

19%

Industrial

18%

Feb'25

Financial Services

25%

Consumer Cyclical

20%

Industrial

17%

HSBC ELSS Tax saver Fund Holdings Details

as on (30-Apr-25)

Equity

Holdings
Weight%
1M Change
HDFC Bank Ltd
5.49%
0%
ICICI Bank Ltd
4.03%
0%
Reliance Industries Ltd
3.14%
0%
Infosys Ltd
3.14%
0%
Larsen & Toubro Ltd
2.72%
0%
See all
Top Stocks bought last month
Transformers & Rectifiers (India) Ltd's allocation increased from 1.34% to 1.74%
Transformers & Rectifiers (India) Ltd's allocation increased from 1.34% to 1.74%
Shriram Finance Ltd's allocation increased from 1.81% to 2.19%
Shriram Finance Ltd's allocation increased from 1.81% to 2.19%
Amber Enterprises India Ltd Ordinary Shares's allocation increased from 1.39% to 1.66%
Amber Enterprises India Ltd Ordinary Shares's allocation increased from 1.39% to 1.66%
Top Stocks sold last month
HDFC Bank Ltd's allocation decreased from 5.59 % to 5.49 %
HDFC Bank Ltd's allocation decreased from 5.59 % to 5.49 %
Infosys Ltd's allocation decreased from 3.63 % to 3.14 %
Infosys Ltd's allocation decreased from 3.63 % to 3.14 %
Reliance Industries Ltd's allocation decreased from 3.17 % to 3.14 %
Reliance Industries Ltd's allocation decreased from 3.17 % to 3.14 %

HSBC ELSS Tax saver Fund Direct Growth Overview

Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.

Expense ratio1.11%
Benchmark
Nifty 500 TR INR
AUM₹3917 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹500/₹500
Exit Load0%
Lock In3 Years
TurnOver
66.01%
STCGSelling mutual fund before 1 year, returns taxed at 20%.
LTCGAfter 1 year, 12.5% tax on returns over ₹1.25 lakh/year.
Risk
Risk meter
pointer
Very High Risk

About HSBC ELSS Tax saver Fund

HSBC ELSS Tax saver 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

  1. HSBC ELSS Tax saver Fund Direct Growth has ₹3917 Cr worth of assets under management (AUM) as on Mar 2025 and is less than category average.
  2. The fund has an expense ratio 1.1.

Returns

HSBC ELSS Tax saver Fund Direct Growth has given a CAGR return of 15.43% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 14.00%, 23.99% and 25.47% respectively.

Holdings

HSBC ELSS Tax saver Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Consumer Cyclical, Industrial, Tech, Basic Materials, Health, Energy, Consumer Defensive, Utilities, Communication, Real Estate. Its top holdings are HDFC Bank Ltd, ICICI Bank Ltd, Infosys Ltd, Reliance Industries Ltd, Larsen & Toubro 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 benefit
Dividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.

Investment objective of HSBC ELSS Tax saver Fund Direct Growth

To generate long-term capital growth from a diversified portfolio of predominantly equity and equity-related securities.There is no assurance that the investment objective of the scheme will be realized.

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 ELSS Tax saver Fund Direct Growth of 3 Years

Fund Manager

Sonal Gupta

Fund Manager of HSBC ELSS Tax saver Fund Direct Growth, since 21 July 2021

Learn more about HSBC Mutual Fund
Parameters
Mar'25
Feb'25
Jan'25
AUM
₹ 3.9K Cr
₹ 3.6K Cr
₹ 4.3K Cr
  • AUM of the fund stands at 3.9K Cr as of Mar'25
  • AUM increased by 266.5 Cr between Mar'25 and Feb'25

Compare HSBC ELSS Tax saver Fund

HSBC ELSS Tax saver Fund

VS

Axis ELSS Tax Saver Fund Direct Growth

Frequently Asked Questions for HSBC ELSS Tax saver Fund Direct Growth

What is the current NAV of HSBC ELSS Tax saver Fund Direct Growth?

The current NAV of HSBC ELSS Tax saver Fund Direct Growth is ₹139.35 as on 12-May-2025.

What are the average returns of HSBC ELSS Tax saver Fund Direct Growth?

Existing (Absolute + CAGR) as on 12-May-2025.
HSBC ELSS Tax saver Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
8.35%
8.35%
6 Month Returns
-1.84%
-1.84%
1 Year Returns
14%
14%
3 Years Returns
90.62%
23.99%

How do I invest in HSBC ELSS Tax saver Fund Direct Growth?

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.

What is the expense ratio of HSBC ELSS Tax saver Fund Direct Growth?

1.11% as on April 2025

What is net assets under management (AUM) of HSBC ELSS Tax saver Fund Direct Growth?

₹3917 Cr as on April 2025

What are the top 5 holdings of HSBC ELSS Tax saver Fund Direct Growth?

HDFC Bank Ltd(5.49%), ICICI Bank Ltd(4.03%), Infosys Ltd(3.14%), Reliance Industries Ltd(3.14%), Larsen & Toubro Ltd(2.72%) as on April 2025

What are the top 3 sectors that this HSBC ELSS Tax saver Fund Direct Growth has invested in?

Financial Services(26.24%), Consumer Cyclical(18.81%), Industrial(17%) as on April 2025

What is the alpha of HSBC ELSS Tax saver Fund Direct Growth?

The alpha ratio for the HSBC ELSS Tax saver Fund Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
HSBC ELSS Tax saver Fund Direct Growth
2.8
2.84
1.15
As on April 2025
The alpha for HSBC ELSS Tax saver 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%.

What is the beta of HSBC ELSS Tax saver Fund Direct Growth??

The Beta ratio for the HSBC ELSS Tax saver Fund Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
HSBC ELSS Tax saver Fund Direct Growth
1.08
0.99
0.93
As on April 2025
The Beta for HSBC ELSS Tax saver 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.

What is the sharpe ratio of HSBC ELSS Tax saver Fund Direct Growth?

The sharpe ratio for the HSBC ELSS Tax saver Fund Direct Growth 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 Growth
0.17
0.75
1.16
As on April 2025
The sharpe ratio for HSBC ELSS Tax saver 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.

What is the standard deviation of HSBC ELSS Tax saver Fund Direct Growth?

The standard deviation for the HSBC ELSS Tax saver Fund Direct Growth 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 Growth
18.99
15.63
14.67
As on April 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.

What is the Sortino ratio of HSBC ELSS Tax saver Fund Direct Growth?

Sortino ratio is 1.19 as on April 2025. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.

What is the information ratio of HSBC ELSS Tax saver Fund Direct Growth?

Information ratio is 0.57 as on April 2025. It tells the consistency of the fund in generating superior risk-adjusted performance

Who is the manager of HSBC ELSS Tax saver Fund Direct Growth?

Sonal Gupta is the fund manager of HSBC ELSS Tax saver Fund Direct Growth

What is the exit load of HSBC ELSS Tax saver Fund Direct Growth?

The Exit load of HSBC ELSS Tax saver Fund Direct Growth is 0%