Fund Performance
Lumpsum
SIP
19.11
as on 07 Dec 20233 Years
Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 16,897 today.
NAV Performance
Fund Information
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₹ 69.564
as on 07 Dec 2023 -
Regular - Growth
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-
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₹ 500
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₹ 179 Cr.
as on 31 May 2023 -
2.48%
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05 Jan 2007
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Nifty 500 TRI
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HSBC Mutual Fund
Show All Funds -
Data not available.
Highlights of this fund
HSBC Tax Saver Equity Fund is an Open-ended Equity Fund. The fund belongs to ELSS category, where the investment is done in predominantly in stocks that are listed on Stock Exchanges like the Bombay Stock Exchange (BSE) or the National Stock Exchange (NSE) in India as well as Global stock exchanges like the Dow Jones, London Stock Exchange or LSE etc. This fund was started on 05 Jan 2007. This fund is offered by one of the top AMC (Assets Management Company) HSBC Mutual Fund. You can also view here all other Equity funds offered by HSBC Mutual Fund.
Latest NAV of the fund is ₹ 69.564 as on 07 Dec 2023.
This fund has 16 years of track record. Since 31 Mar 2023 expense ratio of this fund is 2.48%. Ideally you shoulds compare this fund with the benchmark Nifty 500 TRI.
You can invest in this fund in SIP with the minimum investment of ₹ 500. Lumpsum invest is offered with minimum investment of ₹ 500.
Fund Objective
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. The Fund may also invest in fixed income securities
List of Fund Managers of HSBC Tax Saver Equity Fund
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About Cheenu Gupta
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About Gautam Bhupal
Mr. Bhupal holds a PGDBM and is a CA, CS and B.Com (Hons) 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.
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About Cheenu Gupta
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About Gautam Bhupal
Mr. Bhupal holds a PGDBM and is a CA, CS and B.Com (Hons) 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.
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About Cheenu Gupta
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About Gautam Bhupal
Mr. Bhupal holds a PGDBM and is a CA, CS and B.Com (Hons) 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.
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About Cheenu Gupta
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About Gautam Bhupal
Mr. Bhupal holds a PGDBM and is a CA, CS and B.Com (Hons) 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.
Riskometer : Risk associated with this fund
Investors understand that their principal will be at Very High Risk
Fund Return Comparison
| Fund Name | 1 Month | 3 Months | 6 Months | 1 Year | 2 Years | 3 Years | 5 Years | 10 Years | 1 Year | 2 Years | 3 Years | 5 Years | 10 Years |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Category Best | 11.40% | 13.64% | 25.51% | 30.41% | 32.94% | 32.57% | 28.49% | 24.71% | 47.39% | 31.05% | 25.50% | 32.25% | 24.06% |
| Category Average | 7.55% | 6.98% | 16.50% | 20.35% | 13.52% | 19.98% | 16.12% | 16.22% | 33.87% | 21.78% | 18.09% | 19.30% | 15.03% |
| HSBC Tax Saver Equity Fund | 7.68%₹ 10,767 | 7.82%₹ 10,782 | 18.27%₹ 11,826 | 18.81%₹ 11,880 | 34.83%₹ 14,154 | 11.88%₹ 12,516 | 20.88%₹ 29,413 | 19.11%₹ 16,897 | 17.33%₹ 46,495 | 15.38%₹ 20,459 | 18.13%₹ 94,317 | 15.21%₹ 41,263 | 13.67%₹ 2,45,046 |
| Quant Tax Plan | 10.98%₹ 11,097 | 10.66%₹ 11,066 | 25.51%₹ 12,550 | 20.11%₹ 12,010 | 44.91%₹ 14,746 | 18.19%₹ 13,967 | 27.12%₹ 31,104 | 32.57%₹ 23,296 | 25.50%₹ 52,080 | 28.49%₹ 35,047 | 32.25%₹ 1,32,297 | 24.71%₹ 91,160 | 24.06%₹ 4,29,094 |
| Kotak Tax Saver Fund | 6.55%₹ 10,655 | 5.21%₹ 10,520 | 14.53%₹ 11,453 | 18.33%₹ 11,832 | 28.41%₹ 13,771 | 14.15%₹ 13,030 | 20.55%₹ 29,324 | 20.82%₹ 17,637 | 18.16%₹ 47,040 | 17.70%₹ 22,595 | 19.95%₹ 98,576 | 17.42%₹ 49,873 | 15.98%₹ 2,77,400 |
| Mirae Asset Tax Saver Fund | 7.95%₹ 10,795 | 5.27%₹ 10,527 | 16.12%₹ 11,612 | 18.69%₹ 11,868 | 30.83%₹ 13,916 | 11.11%₹ 12,344 | 19.69%₹ 29,093 | 19.65%₹ 17,129 | 16.56%₹ 45,990 | 18.64%₹ 23,512 | 20.05%₹ 98,834 | - | - |
| IDFC Tax Advantage (elss) Fund | 6.98%₹ 10,698 | 4.82%₹ 10,482 | 15.88%₹ 11,587 | 21.98%₹ 12,198 | 32.32%₹ 14,005 | 15.59%₹ 13,361 | 22.34%₹ 29,806 | 25.55%₹ 19,789 | 20.36%₹ 48,517 | 19.16%₹ 24,035 | 23.45%₹ 1,07,298 | 17.86%₹ 51,811 | 17.30%₹ 2,97,796 |
| BOI AXA Tax Advantage Fund | 11.40%₹ 11,139 | 11.62%₹ 11,161 | 24.13%₹ 12,412 | 27.45%₹ 12,745 | 45.80%₹ 14,797 | 15.23%₹ 13,277 | 27.85%₹ 31,305 | 23.87%₹ 19,007 | 22.21%₹ 49,781 | 22.90%₹ 28,056 | 24.74%₹ 1,10,676 | 18.07%₹ 52,742 | 18.33%₹ 3,14,821 |
Portfolio Holdings
Top Sector Holdings of HSBC Tax Saver Equity Fund
| Name of Sector | Holding Percentage | Holding Values in Crore |
|---|---|---|
| Banks | 28.79% | ₹ 53.42 Cr. |
| Computers - Software | 11.07% | ₹ 20.55 Cr. |
| Pharmaceuticals | 6.25% | ₹ 11.59 Cr. |
| Engineering, designing, construction | 5.98% | ₹ 11.10 Cr. |
| Residential/commercial/sez project | 4.58% | ₹ 8.50 Cr. |
| Others | 43.33% | - |
Top Stock Holdings of HSBC Tax Saver Equity Fund
| Name of Stocks | Holding Percentage | Holding Values in Crore |
|---|---|---|
| ICICI Bank Ltd. | 9.72% | ₹ 18.03 Cr. |
| HDFC Bank Ltd. | 9.03% | ₹ 16.75 Cr. |
| Infosys Ltd. | 6.82% | ₹ 12.66 Cr. |
| Axis Bank Ltd. | 5.23% | ₹ 9.71 Cr. |
| State Bank Of India | 4.81% | ₹ 8.93 Cr. |
| Others | 64.39% | - |
Other Holdings
| Holding Type | Holding Percentage |
|---|---|
| TREPS | 1.55% |
| Net Receivables | -0.07% |