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HSBC Tax Saver Equity Fund - Direct Plan

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Equity: ELSS

1 Lakh

Investment declined to
₹ 0.96 Lakh

₹ 10000

Monthly SIP Declined to
₹ 3.40 Lakh

Suitability:

When you invest for five years or above, you can expect gains that comfortably beat the inflation rate and are also higher than fixed income options. In addition, you get tax exemption on the invested amount under Section 80C of the Indian income tax laws. As per this section, total investments of upto 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 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 paid by the mutual fund scheme are taxed at the rate of 10% (effectively 11.648%, including surcharge and cess). This is known as Dividend Distribution Tax (DDT). Though the investor does not pay this tax directly, it is deducted from the dividend income before passing on to the investor.

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Annual Returns
Quarterly Returns
Monthly Returns
Weekly Returns

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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
Fund -11.86 0.66 2.24 7.47 13.36 -12.50 -7.29 -1.35 5.36 12.16 --
S&P BSE 500 TRI -9.65 0.85 2.44 7.63 19.31 -10.29 -4.91 2.81 6.47 11.41 --
Equity: ELSS -9.63 0.71 2.05 6.50 15.81 -10.22 -4.74 1.72 6.00 13.17 --
Rank within category 28 27 15 7 31 29 27 29 18 17 --
Number of funds in category 38 38 38 38 38 38 36 34 30 28 1

As on 09-Jul-2020

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 -7.29 -1.35 5.36 1.26 129
Axis Long Term Equity Fund - Direct Plan  | Invest Online
5 star
 Jan-13 0.30 7.62 8.96 0.93 20,292
Aditya Birla Sun Life Tax Relief 96 - Direct Plan  | Invest Online
4 star
 Jan-13 1.38 4.06 8.15 0.94 9,177
DSP Tax Saver Fund - Direct Plan  | Invest Online
4 star
 Jan-13 -2.65 3.82 8.58 0.94 5,359
Mirae Asset Tax Saver Fund - Direct Plan  | Invest Online
5 star
 Dec-15 0.72 7.27 -- 0.45 3,141

Best & Worst Performance

Best (Period) Worst (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 79.82 (03-Sep-2013 - 03-Sep-2014) -31.19 (22-Mar-2019 - 23-Mar-2020)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 0.67 22.31 -0.21 -0.23 1.00 -3.61
S&P BSE 500 TRI 4.28 21.61 -0.05 -0.05 -- --
Equity: ELSS 3.36 21.18 -0.09 -0.10 0.95 -0.97
Rank within category 27 30 27 28 30 27
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 30-Jun-2020

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 37
Top 10 Stocks (%) 58.06
Top 5 Stocks (%) 41.14
Top 3 Sectors (%) 51.53
Portfolio P/B Ratio 3.18
Portfolio P/E Ratio 25.95

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 1,48,462 95,668
Giant (%) 68.07 55.04
Large (%) 9.50 16.25
Mid (%) 19.60 21.51
Small (%) 2.82 7.21
Tiny (%) -- 0.01

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 22.68 10.50 8.24 9.97
equal Reliance Industries Energy 31.35 9.53 1.43 9.53
down ICICI Bank Financial 25.08 10.06 7.50 8.39
equal Hindustan Unilever FMCG 75.69 6.98 0.00 6.84
equal Infosys Technology 20.06 6.51 2.86 6.41
equal Bharti Airtel Communication -- 4.52 0.00 4.24
equal Kotak Mahindra Bank Financial 31.51 7.17 0.00 4.07
down Larsen & Toubro Construction 13.89 4.96 0.00 2.93
equal Bajaj Finance Financial 38.12 2.86 0.00 2.86
equal Sun Pharmaceutical Inds. Healthcare 30.72 3.05 1.11 2.82
equal MRF Automobile 19.48 2.96 1.13 2.79
equal Maruti Suzuki India Automobile 31.95 6.36 2.76 2.76
equal ACC Construction 18.35 3.30 0.00 2.38
equal AU Small Finance Bank Financial 28.28 3.53 0.00 1.92
equal Ipca Laboratories Healthcare 34.29 1.82 0.00 1.82
equal Axis Bank Financial 69.10 8.39 0.00 1.77
equal Kei Industries Engineering 13.47 1.68 0.00 1.68
equal Torrent Pharmaceuticals Healthcare 39.02 4.10 0.00 1.66
equal United Breweries FMCG 66.16 1.93 0.00 1.61
equal SRF Diversified 21.98 1.71 0.00 1.60
equal Abbott India Healthcare 55.74 2.07 0.00 1.59
equal ITC FMCG 15.70 3.54 0.00 1.51
equal HCL Technologies Technology 14.44 1.57 0.00 1.47
equal Atul Chemicals 20.92 1.57 0.00 1.41
equal DLF Construction -- 3.16 0.00 1.38

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 30-Jun-2020

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 UTI AMC as an Equity Research Analyst from May 2004 till June 2008. He has over 11 years of experience in areas of Research and Fund Management.

Funds Managed:

Invest Online
0.66%

Change from previous, NAV as on 09-Jul-2020

Growth: ₹ 35.4823

Dividend: ₹ 17.8425

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

Minimum Investment (₹) 5,000
Minimum Addl Investment (₹) 1,000
Minimum SIP Investment (₹) 500
Minimum No of Cheques 12
Minimum Withdrawal (₹) 500
Minimum Balance (₹) 500
Exit Load 0

Basic Details

Fund House: HSBC Mutual Fund
Launch Date: 01-Jan-2013
Return Since Launch: 10.19%
Benchmark: S&P BSE 200 TRI
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 129 Cr (As on 30-Jun-2020)
Expense: 1.26% (As on 31-May-2020)
Risk Grade: Above Average
Return Grade: Average
Turnover: 59.00%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend27-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: The Hongkong and Shanghai Banking Corp. Ltd. 16, V. N. Road, Fort, Mumbai - 400001

Phone: 022-66145000 / 66668819 / 1800-200-2434

Fax: 022-40029600

Email: [email protected]

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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