Tax saving funds provides inflation beating growth over the long term and is suitable for investment objectives with duration of 10-15 years or longer (minimum 5 years).
14 Years. The Fund has Sufficient history for analysis and the track record is good.
Relative Size
203 Cr. Small within the category
Category View
Positive. The category has a positive investment outlook
Consistency Of Performance
Relatively moderate. The historical performance of the fund has been OK
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Tax Saver Plan
Invest in a scientifically curated set of tax saving funds (ELSS) which are designed to help you save tax under Sec. 80C while offering the opportunity for growth in line with equity returns.
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Historical NAV
₹ 54.7462
NAV (Dec 6)
Fund Returns
Last 1Y
33.9%
Last 3Y
17.4%
Last 5Y
14.5%
Last 10Y
15.5%
Since Inception
12.1%
6 Month CAGR
11.9%
Scheme Information
Investment 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.
Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.
HSBC Asset Management(India)Private Ltd manages assets worth 13,344 crores and was set up on 12 December 2001. It's current offering of mutual fund schemes includes 20 equity,66 debt and 17 hybrid funds.
Invest in a scientifically curated set of tax saving funds (ELSS) which are designed to help you save tax under Sec. 80C while offering the opportunity for growth in line with equity returns.
We use a proprietary system to rate mutual funds and based on that make a recommendation or rate the fund as top ranked.
What Scripbox recommendations mean?
Recommended
Scripbox algorithm recommends 2-4 funds for investment for an investment asset class such as large cap, diversified, liquid etc. When you invest for an objective, the algorithm suggests the appropriate asset class and funds.
Top Ranked
Neutral
Not Recommended
Track Record
We look at consistent and long historical performance for our analysis.
Fund Size
We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.
Sub-asset Class View
We check if the sub-category of the fund is recommended by us.
Fund Performance
Consistency of performance over various tenures is analysed for a relative performance stack.
Track Record
We look at consistent and long historical performance for our analysis.
Fund Size
We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.
Impact of Interest Rates
We check the relative interest rate risk of the sub-category of the fund. Lower the better.
Credit Attractiveness
We check the credit quality of the underlying instruments present in the fund. Higher the better.
Equity Funds
Debt Funds
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About HSBC Tax Saver Equity Fund (G)
About HSBC Tax Saver Equity Fund (G)
HSBC Tax Saver Equity Fund (G) is a Tax Saving Equity fund and has delivered an annualised return of 12.1% over a period of 14 years. . The fund is managed by HSBC Asset Management(India)Private Ltd. The fund manager’s name is Gautam Bhupal
HSBC Tax Saver Equity Fund (G) Investment 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. . However, there is no assurance that the objective of the scheme will be realized.
HSBC Tax Saver Equity Fund (G) NAV,AUM,Risk
The HSBC Tax Saver Equity Fund (G) fund was launched on Jan 05, 2007. The NAV (Net Asset Value) of this Tax Saving Equity fund as of 2021-12-06 is ₹54.75. The total AUM (Asset Under Management) of the fund as of 07/12/2021 is ₹202.59. The category risk of the HSBC Tax Saver Equity Fund (G) fund is Very High Risk. The fund charges 2.49 % as expense ratio.
HSBC Tax Saver Equity Fund (G) Holdings
The fund’s highest allocation is towards Equity and has invested 99.5% in this asset class. The top three holdings of the fund are , icici bank ltd , infosys ltd , hdfc bank ltd , bajaj finance ltd , reliance industries ltd , larsen & toubro ltd , tata consultancy services ltd , axis bank ltd , tata motors ltd , state bank of india , sun pharmaceuticals industries ltd , hindustan unilever ltd , housing development finance corp ltd , mphasis ltd , ashok leyland ltd , kei industries ltd , dixon technologies (india) ltd , sbi life insurance company limited , titan co ltd , birla corp ltd , inox leisure ltd , j.b. chemicals & pharmaceuticals ltd , dalmia bharat ltd , au small finance bank ltd , kotak mahindra bank ltd , pi industries ltd , somany ceramics ltd , srf ltd , prestige estates projects ltd , voltas ltd , kajaria ceramics ltd , dlf ltd , quess corp ltd , alkem laboratories ltd , phoenix mills ltd , himatsingka seide ltd , amber enterprises india ltd ordinary shares , godrej consumer products ltd , emami ltd , ipca laboratories ltd , laurus labs ltd , jindal steel & power ltd , birlasoft ltd , reverse repos , net current assets (including cash & bank balances) , treps
HSBC Tax Saver Equity Fund (G) Sip
The minimum SIP (Systematic Investment Plan) amount for this is ₹500 and you can increase this in multiples of ₹ 500. In case you want to invest a lump sum, the minimum amount to be invested is ₹ 500.
HSBC Tax Saver Equity Fund (G) Investment volatility and Horizon
This fund is meant for investors with a minimum investment horizon of 5-7 years. Due to the asset class nature, expect volatility in your investments over the short term. The fund is benchmarked to IISL Nifty 500 TR INR
HSBC Tax Saver Equity Fund (G) Review
HSBC Tax Saver Equity Fund (G) has a score of 3 on a scale of 5. The fund scores 4 out of 5 based on historical performance.
As compared to the other funds in its category, HSBC Tax Saver Equity Fund (G) has a score of 2 out of 5
Scipbox has rated this fund 3 out of 5 based on consistency of performance over various years / tenures.
