HSBC Tax Saver Equity Fund Direct Growth

HSBC Tax Saver Equity Fund Direct Growth

Equity

HSBC Mutual Fund

Elss (Tax Savings)

Get the latest NAV of HSBC Tax Saver Equity 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.

₹101.61

▲0.5%1D

NAV as on 14 May 2025

15.58%/per year

Since Inception

Absolute Gain%

▲▼

3 people have invested ₹ 52K in HSBC Tax Saver Equity Fund Direct Growth in the last three months

HSBC Tax Saver Equity Fund Performance vs. Nifty 500

Fund returns vs Benchmark returns vs Category Average returns as on (14-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
8.79%
8.42%
7.25%
3 Months
8.79%
9.05%
5.65%
6 Months
0.48%
2.44%
0.18%
1 Year
17.72%
8.78%
9.49%
3 Years
23.39%
18.65%
20.27%
5 Years
27.09%
24.52%
24.54%

INDmoney Rank

Powered by IND quant engine

IND ranking is not available for this fund.

Fund Name
INDmoney Rank
AUM (in Crs.)
Expense Ratio
1Y Returns
3Y Returns
Inception Returns
HSBC Tax Saver Equity Fund
-
235Cr
1.6%
17.72%
23.39%
15.58%
SBI Long Term Equity Fund Direct Growth
3/23
28,506Cr
0.94%
11.35%
29.14%
16.76%
DSP ELSS Tax Saver Fund Direct Growth
4/23
16,638Cr
0.72%
17.2%
24.39%
18.23%
Mirae Asset ELSS Tax Saver Fund Direct Growth
7/23
24,774Cr
0.6%
12.43%
20.22%
19.46%
See all
img
3Y returns in the top 25% of the category
img
Beats FD returns for both 3Y & 5Y duration
img
No bad points found for this fund.

HSBC Tax Saver Equity Fund Returns Calculator

Calculate SIP and lumpsum returns based on historical performance

  • 1-time

  • SIP

Total Investment

0

Profit

Total Corpus

0

Absolute Return
▲
▼

HSBC Tax Saver Equity Fund Asset Allocation

See fund asset allocation details as on (13-May-25)

Fund Distribution

as on (13-May-25)

Equity 98.3%

Debt & Cash 1.7%

Large cap
46.4%
Small cap
32.7%
Mid cap
18.7%
Mid Cap allocation has gone down from 19.4% to 18.7%
Mid Cap allocation has gone down from 19.4% to 18.7%
Large Cap allocation has gone down from 47.2% to 46.4%
Large Cap allocation has gone down from 47.2% to 46.4%
Small Cap allocation has gone up from 31.7% to 32.7%
Small Cap allocation has gone up from 31.7% to 32.7%
Cash allocation has gone up from 1.4% to 1.7%
Cash allocation has gone up from 1.4% to 1.7%

HSBC Tax Saver Equity Fund Sector Allocation

See fund sector allocation details as on (13-May-25)

Sector Allocation

Equity 98.3%

Debt & Cash 1.7%

Financial Services
30.4%
Tech
13.6%
Consumer Cyclical
12.9%
Industrial
12.3%
Health
10.8%
Energy
4.3%
Communication
4.3%
Real Estate
4.2%
Consumer Defensive
4%
Basic Materials
3.2%

Top 3 Sectors in April were Financial Services, Tech & Consumer Cyclical

Apr'25

Financial Services

34%

Consumer Cyclical

13%

Health

12%

Mar'25

Financial Services

32%

Tech

14%

Consumer Cyclical

13%

HSBC Tax Saver Equity Fund Holdings Details

as on (30-Apr-25)

Equity

Top Stocks bought last month
HDFC Bank Ltd's allocation increased from 4.98% to 5.71%
HDFC Bank Ltd's allocation increased from 4.98% to 5.71%
ICICI Bank Ltd's allocation increased from 6.61% to 7.14%
ICICI Bank Ltd's allocation increased from 6.61% to 7.14%
Axis Bank Ltd's allocation increased from 2.18% to 2.52%
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 %
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 %
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 %
Amber Enterprises India Ltd Ordinary Shares's allocation decreased from 4.13 % to 4.01 %

HSBC Tax Saver Equity Fund Direct Growth Overview

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

Expense ratio1.6%
Benchmark
Nifty 500 TR INR
AUM₹235 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP--/--
Exit Load0%
Lock In3 Years
TurnOver
19%
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 Tax Saver Equity Fund

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

  1. HSBC Tax Saver Equity Fund Direct Growth has ₹235 Cr worth of assets under management (AUM) as on Mar 2025 and is less than category average.
  2. The fund has an expense ratio 1.6.

Returns

HSBC Tax Saver Equity Fund Direct Growth has given a CAGR return of 15.58% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 17.72%, 23.39% and 27.09% respectively.

Holdings

HSBC Tax Saver Equity Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Consumer Cyclical, Health, Tech, Industrial, Communication, Basic Materials, Energy, Consumer Defensive, Real Estate. Its top holdings are ICICI Bank Ltd, HDFC Bank Ltd, Multi Commodity Exchange of India Ltd, Infosys Ltd, Amber Enterprises India Ltd Ordinary Shares

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 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

Fund Manager

Sonal Gupta

Fund Manager of HSBC Tax Saver Equity Fund Direct Growth, since 2 September 2024

Learn more about HSBC Mutual Fund
Parameters
Apr'25
Mar'25
Feb'25
AUM
₹ 235.2 Cr
₹ 236.4 Cr
₹ 236.4 Cr
  • AUM of the fund stands at 235.2 Cr as of Apr'25
  • AUM decreased by 1.1 Cr between Apr'25 and Mar'25

Compare HSBC Tax Saver Equity Fund

HSBC Tax Saver Equity Fund

VS

Axis ELSS Tax Saver Fund Direct Growth

Frequently Asked Questions for HSBC Tax Saver Equity Fund Direct Growth

What is the current NAV of HSBC Tax Saver Equity Fund Direct Growth?

The current NAV of HSBC Tax Saver Equity Fund Direct Growth is ₹101.61 as on 14-May-2025.

What are the average returns of HSBC Tax Saver Equity Fund Direct Growth?

Existing (Absolute + CAGR) as on 14-May-2025.
HSBC Tax Saver Equity Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
8.79%
8.79%
6 Month Returns
0.48%
0.48%
1 Year Returns
17.72%
17.72%
3 Years Returns
87.86%
23.39%

How do I invest in HSBC Tax Saver Equity 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 Tax Saver Equity Fund Direct Growth?

1.6% as on April 2025

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

₹235 Cr as on April 2025

What are the top 5 holdings of HSBC Tax Saver Equity Fund Direct Growth?

ICICI Bank Ltd(7.43%), HDFC Bank Ltd(5.6%), Multi Commodity Exchange of India Ltd(4.34%), Infosys Ltd(4.33%), Amber Enterprises India Ltd Ordinary Shares(4.25%) as on April 2025

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

Financial Services(33.73%), Consumer Cyclical(13.16%), Health(12.09%) as on April 2025

What is the alpha of HSBC Tax Saver Equity Fund Direct Growth?

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
6.3
3.16
1.29
As on April 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%.

What is the beta of HSBC Tax Saver Equity Fund Direct Growth??

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
0.99
As on April 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.

What is the sharpe ratio of HSBC Tax Saver Equity Fund Direct Growth?

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
0.35
0.77
1.19
As on April 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.

What is the standard deviation of HSBC Tax Saver Equity Fund Direct Growth?

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
19.19
15.57
15.36
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 Tax Saver Equity Fund Direct Growth?

Sortino ratio is 1.21 as on April 2025. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.

What is the information ratio of HSBC Tax Saver Equity Fund Direct Growth?

Information ratio is 0.56 as on April 2025. It tells the consistency of the fund in generating superior risk-adjusted performance

Who is the manager of HSBC Tax Saver Equity Fund Direct Growth?

Sonal Gupta is the fund manager of HSBC Tax Saver Equity Fund Direct Growth

What is the exit load of HSBC Tax Saver Equity Fund Direct Growth?

The Exit load of HSBC Tax Saver Equity Fund Direct Growth is 0%