Business Today
Subscribe
PMS TodayUS NewsIndiaUPSTARTWeatherBT ShortsNRIEducationElection
BT GolfBT MindrushBT Best Banks
Search

COMPANIES

No Data Found

NEWS

No Data Found
Advertisement
News
mutual funds
hsbc tax saver equity fund direct growth
HSBC Tax Saver Equity Fund Direct Growth

HSBC Tax Saver Equity Fund Direct Growth

  • Very High Risk
  • Equity
  • ELSS (Tax Savings)
Share
  • Whatsapp
  • Twitter
  • Facebook
NAV as on May 6, 2025
i
Price per unit of the scheme.
₹ 98.7100-1.38%1 Day Change
6.71%
Minimum Investment₹500
Expense Ratio1.30%

FUND RATING

A holistic measure of the rank of a fund relative to its peers. Top funds receive a score of 5.
3
Scheme Rating
*Morningstar Rating Methodologyi
i

RISK-O-METER

Level of risk associated with a mutual fund to help investors make informed investment decisions
 

bt_logoFUND PERFORMANCE

As On Jan 01, 2023
Compare fund’s performance against category average across different time periods


No Data Found.
Returns <= 1 year are absolute and > 1 year are annualised (CAGR)
For calculating Category Return & Scheme Ranking, only Growth & Direct schemes are considered.

bt_logoFUND COMPARISON

1M3M6M1Y3Y5Y
This Fund
HSBC Tax Saver Equity Fund Direct Growth
VS
Equity: ELSS (Tax Savings) Average NAV
    Topper in Equity: ELSS (Tax Savings)
    All Fund


    No Data Found.
    *For the other fund, rescaled NAVs are used
    Share
    • Whatsapp
    • Twitter
    • Facebook

    bt_logoRETURN CALCULATOR

    Check the return on your investment in the fund
    HSBC Tax Saver Equity Fund Direct Growth
    Investment Type
    Monthly Investment
    Time Period (yrs)
    Annual Return in %
    • Invested Amount
      ₹0
    • Return
      ₹0
    • Current Value
      ₹0

    bt_logoFUND SUMMARY

    Benchmark
    IISL Nifty 500 TR INR
    Expense Ratio
    1.30%
    Category Avg Expense Ratio
    0.86%
    Minimum Investment (Lumpsum/SIP)
    ₹ 500 /₹ 1000
    Lock In (Years)
    3
    Fund Size
    ₹ 210.48 Cr(As on Feb, 2025)
    Inception Date
    Jan 01, 2013
    Turnover
    24.00 %
    Exit Load
    Nil

    bt_logoABOUT THE FUND

    Objective: 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. The Fund may also invest in fixed income securities.

    HSBC Tax Saver Equity Fund Direct Growth is an Equity - ELSS (Tax Savings) fund. The fund was launched inJan 01, 2013. Its risk level is . The NAV of the fund as onMay 06, 2025 is ₹98.71. Its expense ratio is 1.30 %. The fund has an AUM of ₹210.48 Cr.The fund is managed byGautam Bhupal,Cheenu Gupta,Sonal Gupta.
    The minimum initial investment is  ₹500 in Lumpsum mode.

    SUBSCRIBE TO
    BUSINESS TODAY MAGAZINE
    Subscribe Now
    Already a subscriber?Login

    bt_logoFUND MANAGER

    Gautam Bhupal
    Gautam Bhupal
    i
    Lead Fund Manager.
    Jul 16, 2019 - Present
    • Fund Manager Rank14Out of 36
      i
      Rank measured on the basis of consistent alpha the fund manager delivered in the same category over a period of three years (factors only Direct plan, Growth option)
    • Schemes managed12
    • Total AUM₹ 31,933.62 Cr
    • Highest Return In 1 Yr12.41 %
    Other Funds
    • table
    • card
    1M
    3M
    6M
    1Y
    3Y
    5Y
    Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size
    HSBC Tax Saver Equity Fund Direct Growth
    ₹ 98.71
    6.71%
    4.91%
    Very High Risk
    ₹210.48Cr
    HSBC Business Cycles Direct Growth
    ₹ 43.12
    3.06%
    -%
    Very High Risk
    ₹967.37Cr
    HSBC Managed Solutions India Moderate Growth Direct
    ₹ 35.80
    3.81%
    -%
    High Risk
    ₹53.54Cr
    HSBC Tax Saver Equity Fund Direct Growth
    Very High Risk
    • NAV₹ 98.71
    • Fund Size₹210.48Cr
    Fund Return6.71%
    Category Return4.91%
    HSBC Business Cycles Direct Growth
    Very High Risk
    • NAV₹ 43.12
    • Fund Size₹967.37Cr
    Fund Return3.06%
    Category Return--
    HSBC Managed Solutions India Moderate Growth Direct
    High Risk
    • NAV₹ 35.80
    • Fund Size₹53.54Cr
    Fund Return3.81%
    Category Return--
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)
    Cheenu Gupta
    Cheenu Gupta
    i
    Lead Fund Manager.
    Nov 26, 2022 - Present
    • Schemes managed12
    • Total AUM₹ 38,427.40 Cr
    • Highest Return In 1 Yr12.41 %
    Other Funds
    • table
    • card
    1M
    3M
    6M
    1Y
    3Y
    5Y
    Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size
    HSBC Tax Saver Equity Fund Direct Growth
    ₹ 98.71
    6.71%
    4.91%
    Very High Risk
    ₹210.48Cr
    HSBC Focused Fund Direct Growth
    --
    ₹ 24.61
    4.47%
    4.62%
    Very High Risk
    ₹1,554.94Cr
    HSBC Conservative Hybrid Fund Growth Direct Plan
    ₹ 66.88
    2.01%
    1.84%
    Moderately High risk
    ₹145.73Cr
    HSBC Tax Saver Equity Fund Direct Growth
    Very High Risk
    • NAV₹ 98.71
    • Fund Size₹210.48Cr
    Fund Return6.71%
    Category Return4.91%
    HSBC Focused Fund Direct Growth
    Very High Risk--
    • NAV₹ 24.61
    • Fund Size₹1,554.94Cr
    Fund Return4.47%
    Category Return4.62%
    HSBC Conservative Hybrid Fund Growth Direct Plan
    Moderately High risk
    • NAV₹ 66.88
    • Fund Size₹145.73Cr
    Fund Return2.01%
    Category Return1.84%
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)
    Sonal Gupta
    Sonal Gupta
    i
    Lead Fund Manager.
    Sep 2, 2024 - Present
    • Schemes managed23
    • Total AUM₹ 65,762.57 Cr
    • Highest Return In 1 Yr12.41 %
    Other Funds
    • table
    • card
    1M
    3M
    6M
    1Y
    3Y
    5Y
    Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size
    HSBC Business Cycles Direct Growth
    ₹ 43.12
    3.06%
    -%
    Very High Risk
    ₹967.37Cr
    HSBC Global Equity Climate Change Fund of Fund Direct Growth
    --
    ₹ 10.34
    10.10%
    -%
    Very High Risk
    ₹56.45Cr
    HSBC Asia Pacific(Ex Japan) Dividend Yield Fund Direct Growth
    --
    ₹ 23.59
    2.80%
    -%
    Very High Risk
    ₹8.37Cr
    HSBC Business Cycles Direct Growth
    Very High Risk
    • NAV₹ 43.12
    • Fund Size₹967.37Cr
    Fund Return3.06%
    Category Return--
    HSBC Global Equity Climate Change Fund of Fund Direct Growth
    Very High Risk--
    • NAV₹ 10.34
    • Fund Size₹56.45Cr
    Fund Return10.10%
    Category Return--
    HSBC Asia Pacific(Ex Japan) Dividend Yield Fund Direct Growth
    Very High Risk--
    • NAV₹ 23.59
    • Fund Size₹8.37Cr
    Fund Return2.80%
    Category Return--
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

    bt_logoDETAILED PORTFOLIO

    As on Feb, 2025
    EQUITY (98.61%)
    DEBT (-%)
    CASH (1.39%)
    Allocation by Market Cap
    Large Cap(47.15%)
    Mid Cap(19.36%)
    Small Cap(31.73%)
    Industry Holdings
    • Banks Regional18.97%
    • Information Technology Services6.68%
    • Financial Exchanges6.66%
    • Drug Manufacturers Specialty Generic5.80%
    • Consumer Electronics4.77%
    • Telecom Services4.55%
    Stock Holdings
    • ICICI Bank Ltd7.14%
    • Infosys Ltd6.58%
    • HDFC Bank Ltd5.71%
    • Dixon Technologies (India) Ltd4.70%
    • Multi Commodity Exchange of India Ltd4.39%
    • Reliance Industries Ltd4.29%

    bt_logoPERFORMANCE MEASURES

    Fund evaluation across critical parameters for better decision making. Study period is 3 years.
    • Consistency
      i
      It represents the consistency of a fund in beating its benchmark.
    • Downside Risk
      i
      Measured by Maximum Drawdown which shows the maximum loss from a peak to a nadir over a specified time period
    • Risk Adjusted Return
      i
      Risk adjusted return represents the return generated after factoring the risk taken to achieve it.
    • Volatility
      i
      Volatility represents the standard deviation of fund returns that is, how much the fund returns have deviated from the average.
    • Upside Capture Ratio
      i
      Fund performance relative to the index when the market is up. An upside capture ratio of >100 indicates better fund performance.
    • Downside Capture Ratio
      i
      Fund performance relative to the index when the market is down. A downside capture ratio of <100 indicates better fund performance.

    bt_logoHISTORICAL RISK MEASURES

    Statistical measures to evaluate mutual fund risk. All ratios are calculated for a three-year time duration.
    • Alpha: Excess return of the fund over benchmark
      i
      Any Alpha above zero is considered good. However, for comparison, a fund with a higher Alpha is considered better. Alpha is normally used in conjunction with Beta. If the Beta is high, it implies that the fund manager took a high risk to generate Alpha.
      3.57
      This Fund
      VS
      1.66
      Category Avg
    • R-Squared: How well the fund tracks benchmark
      i
      R-Squared measures the correlation of fund returns and its benchmark returns. It varies between 0 and 1. The metric, Beta makes no sense if R-Squared is equal to zero. Thus, both Beta and R-Squared should be used in conjunction. A fund with a high R-Squared and low Beta is considered a less risky fund.
      81.22
      This Fund
      VS
      88.37
      Category Avg
    • Beta: Risk of the fund in relation to benchmark
      i
      Beta >1 indicates that the fund is more volatile than its benchmark while Beta < 1 indicates that the fund is less volatile than its benchmark. The Beta of the benchmark is equal to 1.
      0.96
      This Fund
      VS
      0.93
      Category Avg
    • Sharpe Ratio: Risk adjusted return of the fund
      i
      Sharpe Ratio is a measure of return per unit of risk. A higher Sharpe ratio indicates better risk adjusted return given by the fund.
      0.77
      This Fund
      VS
      0.68
      Category Avg
    • Sortino Ratio: Return per unit of bad risk
      i
      A variation of Sharpe ratio, Sortino considers only the downside risk. Unlike Sharpe ratio which considers both good risk and bad risk, Sortino factors only the bad risk. A high Sortino ratio indicates better return for each unit of downside risk.
      1.21
      This Fund
      VS
      1.13
      Category Avg
    • Standard Devation: Volatility of the fund
      i
      Standard deviation is a measure of dispersion of fund returns from its average return. A fund with a higher Standard deviation is more volatile than a fund with a low standard deviation.
      15.57
      This Fund
      VS
      14.43
      Category Avg
    Benchmark used in calculation : S&P BSE 500 India TR INR

    bt_logoPEER ANALYSIS

    1M
    3M
    6M
    1Y
    3Y
    5Y
    • card
    • table
    Fund NameMorningstar RatingNAV Fund Return Category ReturnRisk Fund Size
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

    bt_logoTOP FUNDS FROM THIS AMC

    1M
    3M
    6M
    1Y
    3Y
    5Y
    • card
    • table
    Fund NameMorningstar RatingNAV Fund Return Category Return Risk Fund Size (Cr)
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

    bt_logoABOUT THE AMC

    company icon
    HSBC Asset Management (India) Private Ltd
    HSBC Asset Management (India) Private Ltd manages assets worth ₹ 1,21,765.68 crores. It’s current offering of mutual fund schemes includes 21 equity, 13 debt and 8 hybrid schemes.
    phone icon
    Phone
    +91 22 66145000
    mail icon
    Email
    hsbcmf@hsbc.co.in
    aum
    AUM
    ₹ 1,21,765.68 Cr (
    As on Mar 31, 2025
    )
    location
    Address
    16, V N Road, Mumbai,400 001

    bt_logoFAQ's

    What is the category of HSBC Tax Saver Equity Fund Direct Growth ?
    The category of HSBC Tax Saver Equity Fund Direct Growth is Equity - ELSS (Tax Savings)
    What is the current NAV of HSBC Tax Saver Equity Fund Direct Growth ?
    The current NAV of HSBC Tax Saver Equity Fund Direct Growth as on May 06, 2025 is ₹98.71
    How safe is HSBC Tax Saver Equity Fund Direct Growth ?
    The risk level of HSBC Tax Saver Equity Fund Direct Growth is Very High.
    What are short term returns given by HSBC Tax Saver Equity Fund Direct Growth ?
    The return given by HSBC Tax Saver Equity Fund Direct Growth in 1 month is 6.71%, 3 months is -1.43%, 6 months is -6.05%, and 1 year is 12.41%
    What are the long term returns given by HSBC Tax Saver Equity Fund Direct Growth ?
    The return given by HSBC Tax Saver Equity Fund Direct Growth in 3 years is 20.49% and 5 years is 26.14%.
    What is the expense ratio of HSBC Tax Saver Equity Fund Direct Growth ?
    The expense ratio of HSBC Tax Saver Equity Fund Direct Growth is 1.30%
    What is the AUM of HSBC Tax Saver Equity Fund Direct Growth ?
    The assets under Management (AUM) of HSBC Tax Saver Equity Fund Direct Growth is Rs 210.48 crores.
    What is the minimum investment in HSBC Tax Saver Equity Fund Direct Growth ?
    The minimum Lumpsum investment in HSBC Tax Saver Equity Fund Direct Growth is ₹500.00 and the minimum SIP investment in HSBC Tax Saver Equity Fund Direct Growth is ₹1,000.00
    What is the asset allocation of HSBC Tax Saver Equity Fund Direct Growth?
    HSBC Tax Saver Equity Fund Direct Growth has an exposure of 98.61% in Equity and 1.39% in Cash & Money Market Securities

    bt_logoCALCULATORS

    calculatorIncome Tax Calculatorsip calculatorSIP Calculatorfd calculatorFD Calculatordividend yield calculatorDividend Yield Calculatorlump sum calculatorLump-Sum Calculatorcagr calculator CAGR Calculatortop up sip calculatorTop-Up Calculatorlatter factor calculatorLatte Factor Calculator

    bt_logoTop Stories