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2 star

HSBC Tax Saver Equity Fund


Equity: ELSS

1 Lakh

Investment Grown to
₹ 1.57 Lakh

₹ 10000

Monthly SIP Grown to
₹ 5.16 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
Fund 27.25 0.37 -3.07 -4.05 0.87 13.89 36.69 16.31 14.24 11.10 15.85
S&P BSE 500 TRI 28.60 -0.03 -3.04 -2.90 0.71 11.31 38.13 18.70 17.18 12.74 15.83
Equity: ELSS 28.73 0.22 -2.88 -2.87 0.86 12.02 37.67 17.68 15.46 12.12 16.26
Rank within category 24 12 26 33 18 10 23 22 20 18 15
Number of funds in category 38 38 38 38 38 38 38 35 34 29 27

As on 30-Nov-2021

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  | Invest Online
2 star
Jan-07 36.69 16.31 14.24 2.49% 203
Axis Long Term Equity Fund
4 star
Dec-09 32.70 20.01 18.63 1.58% 34,235
Mirae Asset Tax Saver Fund - Regular Plan  | Invest Online
5 star
Dec-15 40.10 22.51 21.02 1.70% 10,146
DSP Tax Saver Fund  | Invest Online
4 star
Jan-07 41.92 20.82 16.51 1.81% 9,805
IDFC Tax Advantage (ELSS) Fund - Regular Plan
4 star
Dec-08 52.64 20.06 18.44 1.94% 3,518

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 18.69 13-May-2009 - 20-May-2009 -19.27 16-Mar-2020 - 23-Mar-2020
Month 33.22 11-May-2009 - 10-Jun-2009 -37.56 20-Feb-2020 - 23-Mar-2020
Quarter 67.43 09-Mar-2009 - 10-Jun-2009 -36.58 04-Jan-2008 - 04-Apr-2008
Year 105.12 09-Mar-2009 - 11-Mar-2010 -54.30 14-Jan-2008 - 13-Jan-2009

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 20.67 22.40 0.75 0.75 1.01 -1.50
S&P BSE 500 TRI 22.08 21.79 0.84 0.93 -- --
Equity: ELSS 20.97 21.34 0.80 0.85 0.95 -0.20
Rank within category 20 28 22 22 30 23
Number of funds in category 35 35 35 35 35 35

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

As on 31-Oct-2021

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 43
Top 10 Stocks (%) 52.80
Top 5 Stocks (%) 36.11
Top 3 Sectors (%) 63.30
Portfolio P/B Ratio 4.26
Portfolio P/E Ratio 32.16

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 1,68,930 1,36,970
Giant (%) 63.07 53.06
Large (%) 7.52 14.68
Mid (%) 23.36 25.08
Small (%) 6.06 7.34
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 ICICI Bank Financial 23.36 10.06 7.84 9.30
equal Infosys Technology 34.52 9.30 3.98 8.83
equal HDFC Bank Financial 24.18 10.04 7.78 7.81
equal Bajaj Finance Financial 84.81 5.74 0.00 5.48
equal Reliance Industries Energy 31.15 10.00 1.43 4.69
up Larsen & Toubro Construction 28.31 4.96 0.00 3.92
down Tata Consultancy Services Technology 35.72 4.23 0.00 3.35
up Axis Bank Financial 20.15 8.39 1.73 3.30
down Tata Motors Automobile -- 3.10 0.00 3.10
up State Bank of India Financial 14.35 3.18 0.00 3.02
equal Sun Pharmaceutical Industries Healthcare 29.00 3.05 1.11 2.35
equal Hindustan Unilever FMCG 64.84 6.98 0.00 2.18
equal HDFC Financial 23.44 2.32 0.00 2.11
equal Mphasis Technology 41.15 2.08 0.00 2.08
down Kei Industries Engineering 30.18 2.53 0.00 2.03
equal Ashok Leyland Automobile -- 2.28 0.00 2.00
down Dixon Technologies Engineering 161.97 2.26 0.00 1.97
equal SBI Life Insurance Company Insurance 94.66 2.06 0.00 1.92
equal Titan Company Consumer Durable 120.62 1.76 0.00 1.76
equal Birla Corporation Construction 17.21 1.84 0.00 1.74
equal INOX Leisure Services -- 1.58 0.00 1.58
equal AU Small Finance Bank Financial 30.71 3.53 0.00 1.50
equal Kotak Mahindra Bank Financial 38.97 7.17 0.00 1.50
new Dalmia Bharat Construction 28.32 2.67 0.00 1.49
down JB Chemicals & Pharma Healthcare 26.94 1.94 0.00 1.49

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-Oct-2021

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:


0.37%

Change from previous, NAV as on 30-Nov-2021

Growth: ₹ 54.8444

IDCW: ₹ 27.0693


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 6
Minimum Withdrawal (₹) 1
Minimum Balance (₹) 500
Lock-in Period 3 Years
Exit Load 0

Basic Details

Fund House: HSBC Mutual Fund
Launch Date: 05-Jan-2007
Return Since Launch: 12.09%
Benchmark: S&P BSE 200 TRI
Riskometer: Very High
Type: Open-ended
Assets: ₹ 203 Cr (As on 31-Oct-2021)
Expense: 2.49% (As on 31-Oct-2021)
Risk Grade: Above Average
Return Grade: Average
Turnover: 34.00%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW25-Jan-20210.5000

 27-Jan-20201.5495
 24-Jan-20191.5495
 30-Jan-20182.5000
 24-Mar-20171.5000
 23-Mar-20161.5000
 17-Mar-20152.5000
 17-Oct-20141.5000
 19-Feb-20101.0000

Contact Information

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

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

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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