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HSBC Tax Saver Equity Fund - Direct Plan download report


Equity: ELSS

1 Lakh

Investment Grown to
₹ 1.39 Lakh

₹ 10000

Monthly SIP Grown to
₹ 4.46 Lakh

Suitability:

"When you invest for five years or more, you can expect gains that comfortably beat the inflation rate as well as returns from fixed income options. In addition, there is a tax benefit. Under Section 80C of the Indian income tax laws, investments of up to Rs 1.5 lakh in a financial year in eligible securities such as this fund are exempt from tax.

But be prepared for ups and downs in your investment value along the way. Also note that you cannot withdraw your money from this fund before completing three years from the date of investment.

Like for all equity funds, you must invest only through the SIP route. Click here to read a primer on SIP investing.

Warning: Do not invest in this, or any other ELSS, if you need to redeem your investment in less than five years.

Taxability of earnings:

Capital gains

  • If the mutual fund units are sold after 1 year from the date of investment, gains upto Rs 1 lakh in a financial year are exempt from tax. Gains over Rs 1 lakh are taxed at the rate of 10%.
  • If the mutual fund units are sold within 1 year from the date of investment, entire amount of gain is taxed at the rate of 15%.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

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(₹)
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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
HSBC Tax Saver Equity Direct-G -11.42 0.15 2.32 -2.35 -8.28 -10.66 1.45 11.64 8.67 10.44 --
S&P BSE 500 TRI -9.25 0.17 1.69 -2.77 -7.62 -8.46 0.83 13.38 11.77 11.51 --
Equity: ELSS -10.31 0.14 2.03 -2.36 -7.31 -9.52 0.18 13.06 11.10 11.20 --
Rank within category 26 21 11 17 28 26 14 20 27 15 --
Number of funds in category 36 36 36 36 36 36 36 34 32 28 1

As on 28-Jun-2022

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
HSBC Tax Saver Equity Fund - Direct Plan  | Invest Online
2 star
Jan-13 1.45 11.64 8.67 1.28% 181
Mirae Asset Tax Saver Fund - Direct Plan  | Invest Online
5 star
Dec-15 0.30 17.44 15.70 0.57% 11,805
DSP Tax Saver Fund - Direct Plan
4 star
Jan-13 -0.23 15.46 13.02 0.84% 9,504
Canara Robeco Equity Tax Saver Fund - Direct Plan  | Invest Online
4 star
Jan-13 -0.01 16.48 15.10 0.66% 3,602
IDFC Tax Advantage (ELSS) Fund - Direct Plan  | Invest Online
4 star
Jan-13 3.87 16.97 13.80 0.77% 3,570

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 10.26 01-Apr-2020 - 09-Apr-2020 -19.25 16-Mar-2020 - 23-Mar-2020
Month 18.85 23-Mar-2020 - 22-Apr-2020 -37.49 20-Feb-2020 - 23-Mar-2020
Quarter 29.05 23-Mar-2020 - 22-Jun-2020 -34.62 23-Dec-2019 - 23-Mar-2020
Year 86.31 23-Mar-2020 - 23-Mar-2021 -31.19 22-Mar-2019 - 23-Mar-2020

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
HSBC Tax Saver Equity Direct-G 15.05 22.44 0.51 0.53 1.00 -1.18
S&P BSE 500 TRI 16.28 22.07 0.58 0.66 -- --
Equity: ELSS 15.94 21.57 0.57 0.62 0.95 0.34
Rank within category 21 26 24 24 29 24
Number of funds in category 34 34 34 34 34 34

The Risk Measures have been calculated using calendar month returns for the last three years.

As on 31-May-2022

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 42
Top 10 Stocks (%) 52.80
Top 5 Stocks (%) 36.36
Top 3 Sectors (%) 54.67
Portfolio P/B Ratio 3.66
Portfolio P/E Ratio 28.21

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 1,52,684 1,36,894
Giant (%) 56.67 53.53
Large (%) 13.26 17.41
Mid (%) 23.69 22.72
Small (%) 6.38 6.68
Tiny (%) -- 0.21

Value Research Fund Style

Sector Allocation vis-à-vis Category

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Top Holdings

Company Sector P/E 3Y High 3Y Low % Assets
down HDFC Bank Financial 19.67 10.04 7.39 8.42
down ICICI Bank Financial 19.52 10.06 7.84 8.30
equal Infosys Technology 27.93 9.73 4.00 7.95
equal Reliance Industries Energy 28.85 10.00 1.43 7.40
equal Larsen & Toubro Construction 25.12 4.96 2.62 4.29
down State Bank of India Financial 11.65 4.05 0.00 3.87
down Bajaj Finance Financial 47.67 5.74 0.00 3.52
equal Tata Motors Automobile -- 3.38 0.00 3.18
down Axis Bank Financial 13.70 8.39 1.73 3.02
equal Sun Pharmaceutical Industries Healthcare 61.00 3.05 1.11 2.85
equal Kei Industries Capital Goods 28.01 2.73 0.00 2.73
up DLF Construction 52.45 3.16 1.06 2.57
equal Tata Consultancy Services Technology 31.64 4.23 0.00 2.53
equal Hindustan Unilever Consumer Staples 59.94 6.98 0.00 2.39
equal SBI Life Insurance Company Insurance 70.66 2.20 0.00 2.20
equal PVR Services -- 2.03 0.00 2.03
up SBI Cards & Payments Services Financial 45.42 2.02 0.00 2.02
equal Coforge Technology 33.94 1.99 0.00 1.94
down Ashok Leyland Automobile -- 2.28 0.00 1.89
equal Amber Enterprises Consumer Discretionary 73.20 2.54 0.00 1.89
equal Dixon Technologies Capital Goods 115.55 2.26 0.00 1.70
equal Titan Company Consumer Discretionary 79.14 1.76 0.00 1.59
equal PI Industries Chemicals 46.37 1.66 0.00 1.46
down AU Small Finance Bank Financial 32.99 3.53 1.29 1.41
equal SRF Diversified 35.88 1.85 0.00 1.36

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 31-May-2022

Fund Manager

— Gautam Bhupal since 23-Jul-2019

Education: Mr. Bhupal holds a PGDBM and is a CA, CS and B.Com (Hons)

Experience: Prior to joining HSBC Mutual Fund he was working with IDFC Asset Management Company Ltd., Motilal Oswal Securities Ltd., Infosys Ltd., Vickers Ballas Securities Ltd., SBC Warburg, UTI Securities Ltd.

Funds Managed:


0.15%

Change from previous, NAV as on 28-Jun-2022

Growth: ₹ 54.6322

IDCW: ₹ 25.4896


Investment Strategy

The scheme aims to provide long term capital appreciation by investing in a diversified portfolio of equity & equity related instruments of companies across various sectors and industries, with no capitalisation bias.

Investment Details

Min. Investment (₹) 5,000
Min. Addl Investment (₹) 1,000
Min. SIP Investment (₹) 500
Min. No of Cheques 12
Min. Withdrawal (₹) 1
Min. Balance (₹) 500
Lock-in Period 3 Years
Exit Load 0

Basic Details

Fund House: HSBC Mutual Fund
Launch Date: 01-Jan-2013
Return Since Launch: 13.02%
Benchmark: NIFTY 500 TRI
Riskometer: Very High
Type: Open-ended
Assets: ₹ 181 Cr (As on 31-May-2022)
Expense: 1.28% (As on 31-May-2022)
Risk Grade: High
Return Grade: Average
Turnover: 35.00%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW25-Jan-20221.1000

 25-Jan-20210.7500
 27-Jan-20201.7708
 24-Jan-20191.7708
 30-Jan-20182.5000
 24-Mar-20171.5000
 23-Mar-20161.5000
 17-Mar-20152.5000
 17-Oct-20141.5000

Contact Information

AMC: HSBC Global Asset Management Company (India) Private Limited

Address: 9-11th Floor, NESCO - IT Park Bldg. 3, Western Express Highway, Goregaon East, Mumbai - 400063

Fax: 022-40029600

Website: http://www.assetmanagement.hsbc.co.in

Registrar & Transfer Agent: Computer Age Management Services Ltd.

Address: 7th Floor, Tower II, Rayala Towers, 158, Anna Salai, Chennai - 600002

Phone: 1800-3010-6767 / 1800-419-7676

Fax: 044-30407101

Email: [email protected]

Website: www.camsonline.com

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