- Mutual Funds
- HSBC Mutual Funds
- HSBC Tax Saver Equity Fund IDCW (PIDCW-M)
Formerly HSBC Tax Saver Equity DP
HSBC Tax Saver Equity Fund IDCW (PIDCW-M)
₹ 30.8724
NAV (Apr 22)
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).
Scripbox does not recommend investing in the dividend option of a fund because dividends are taxable at a higher rate than withdrawals.
Investment Calculator
Investment Duration5 years
0
Total Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 yearsHistorical NAV
₹ 30.8724
NAV (Apr 22)
Fund Returns
Last 1Y | 30.3% |
Last 3Y | 16.5% |
Last 5Y | 13.6% |
Last 10Y | 13% |
Since Inception | 11.6% |
6 Month CAGR | 10% |
Scheme Information
To provide a reasonable income through a diversified portfolio of fixed income securities such that the Macaulay duration of the portfolio is between 1 year to 3 years. However,there can be no assurance or guarantee that the investment objective of the scheme would be achieved.
Expense Ratio | 2.47 |
Launched (17y ago) | Jan 05, 2007 |
AUM in Crores | 223.046 |
ISIN | INF336L01AZ3 |
Lock-in | 3 |
Benchmark | Nifty 500 TR INR |
SIP Minimum | 0 |
Lumpsum Min. | 500 |
Standard Deviation (3yr) | 13.8 |
Standard Deviation (5yr) | 19.3 |
Beta (3yr) | 0.98 |
Beta (5yr) | 0.99 |
Sharpe Ratio (3yr) | 0.699 |
Sharpe Ratio (5yr) | 0.459 |
YTM | 0 |
Fund Managers
Returns Calculator Comparison
of
for
with step up of
| Asset | Returns | Total Corpus | Gains | CAGR |
|---|---|---|---|---|
| HSBC Tax Saver Equity Fund IDCW (PIDCW-M) | 10,26,205 | 2,93,593 | 13.6% | |
| EPF | 9,00,761 | 1,68,149 | 8.50% | |
| Property | 8,67,662 | 1,35,050 | 7.00% | |
| PPF | 8,69,819 | 1,37,207 | 7.10% | |
| Bank FD | 8,46,471 | 1,13,859 | 6.00% | |
| Gold | 8,46,471 | 1,13,859 | 6.00% | |
| Savings Bank | 8,25,950 | 93,338 | 5.00% |
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.
Asset allocation and Holdings
Top Stock Holdings
icici bank ltd
8%infosys ltd
6.2%axis bank ltd
5.1%reliance industries ltd
4.9%larsen & toubro ltd
4.8%Allocation by Sector
financial services
28.2%industrials
14.5%consumer cyclical
12%technology
11.4%healthcare
9.4%Comparison with Equity Funds
| Fund Name | Fund Size | Outperformance Consistency |
|---|---|---|
₹ 17,313 cr | ||
₹ 14,075 cr | ||
₹ 21,475 cr | ||
₹ 53,505 cr | ||
₹ 41,281 cr |
About the AMC
HSBC Asset Management(India)Private Ltd
| Fund Name | Scripbox Opinion | Till Date CAGR | |
|---|---|---|---|
33.2% | 22.1% | ||
5.3% | 5.9% | ||
27.4% | 16.9% | ||
21% | 15.6% | ||
4.5% | 5.1% |
HSBC Tax Saver Equity Fund IDCW (PIDCW-M) Review
HSBC Tax Saver Equity Fund IDCW (PIDCW-M) is a Tax Saving Equity fund and has delivered an annualised return of 11.6% over a period of 17 years. The fund was previously known as HSBC Tax Saver Equity DP. The fund is managed by HSBC Asset Management(India)Private Ltd. The fund managers are Cheenu Gupta, Gautam Bhupal.
Nav of HSBC Tax Saver Equity Fund IDCW (PIDCW-M) as of 4/22/2024 is ₹30.87 with the total AUM as of 4/23/2024 is ₹223.046. With Scripbox you can compare and check the latest nav for all mutual funds in India. HSBC Tax Saver Equity Fund IDCW (PIDCW-M) was launched on Jan 05, 2007. The category risk of the fund is Very High Risk.
The minimum SIP amount for HSBC Tax Saver Equity Fund IDCW (PIDCW-M) is ₹0 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. Check your estimated returns on mutual funds by using sip calculator.
HSBC Tax Saver Equity Fund IDCW (PIDCW-M) 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 Nifty 500 TR INR.
HSBC Tax Saver Equity Fund IDCW (PIDCW-M) is rated as a 2 fund in Equity and delivered 30.3% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with HSBC Tax Saver Equity Fund IDCW (PIDCW-M).
Frequently Asked Questions
What is HSBC Tax Saver Equity Fund IDCW (PIDCW-M)?
How to invest in HSBC Tax Saver Equity Fund IDCW (PIDCW-M)?
You can invest in HSBC Tax Saver Equity Fund IDCW (PIDCW-M) through AMC, intermediaries, brokers or platforms like Scripbox. To learn step by step process visit how to invest in mutual funds?
What is the minimum sip amount of HSBC Tax Saver Equity Fund IDCW (PIDCW-M)?
The minimum sip amount for HSBC Tax Saver Equity Fund IDCW (PIDCW-M) is ₹0. You can invest in multiples of ₹500.
Is HSBC Tax Saver Equity Fund IDCW (PIDCW-M) good to invest in?
As per Scripbox experts, HSBC Tax Saver Equity Fund IDCW (PIDCW-M) is a Neutral fund. You can investHSBC Tax Saver Equity Fund IDCW (PIDCW-M) fund if its investment objective and risk-o-meter matches your investment goals and risk preferences.
What is the expense ratio of the HSBC Tax Saver Equity Fund IDCW (PIDCW-M)?
The expense ratio of the HSBC Tax Saver Equity Fund IDCW (PIDCW-M) is 2.47% for regular plan.