Formerly L&T Tax Advantage Gr
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).
The performance of the fund on a Fund Size metric has been Good
The performance of the fund on a Outperformance Consistency metric has been Neutral
Investment Duration5 years
Total Corpus Created (₹)With CAGR of 11.25 % in 5 years
NAV (May 30)
6 Month CAGR
To generate long-term capital growth from a diversified portfolio of predominantly equity and equity-related securities.There is no assurance that the investment objective of the scheme will be realized.
Launched (17y ago)
Feb 27, 2006
AUM in Crores
IISL Nifty 500 TR INR
Standard Deviation (3yr)
Standard Deviation (5yr)
Sharpe Ratio (3yr)
Sharpe Ratio (5yr)
with step up of
|HSBC ELSS Fund (Growth)||9,03,025||1,70,413||8.6%|
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.
hdfc bank ltd9.4%
icici bank ltd6%
reliance industries ltd5.6%
larsen & toubro ltd4.4%
indian hotels co ltd4%
|Fund Name||Fund Size||Outperformance Consistency|
₹ 14,448 cr
₹ 8,056 cr
₹ 10,178 cr
₹ 8,860 cr
₹ 7,811 cr
HSBC Asset Management(India)Private Ltd
|Fund Name||Scripbox Opinion||Till Date CAGR|
HSBC ELSS Fund (G) is a Tax Saving Equity fund and has delivered an annualised return of 13.2% over a period of 17 years. The fund was previously known as L&T Tax Advantage Gr. The fund is managed by HSBC Asset Management(India)Private Ltd. The fund managers are Cheenu Gupta, Gautam Bhupal.
Nav of HSBC ELSS Fund (G) as of 5/30/2023 is ₹84.71 with the total AUM as of 5/31/2023 is ₹3053.838. With Scripbox you can compare and check the latest nav for all mutual funds in India. HSBC ELSS Fund (G) was launched on Feb 27, 2006. The category risk of the fund is Very High Risk.
The minimum SIP amount for HSBC ELSS Fund (G) 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. Check your estimated returns on mutual funds by using sip calculator.
HSBC ELSS Fund (G) 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 ELSS Fund (G) is rated as a 2 fund in Equity and delivered 15.6% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with HSBC ELSS Fund (G).
What is HSBC ELSS Fund (G)?
How to invest in HSBC ELSS Fund (G)?
You can invest in HSBC ELSS Fund (G) 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 ELSS Fund (G)?
The minimum sip amount for HSBC ELSS Fund (G) is ₹500. You can invest in multiples of ₹500.
Is HSBC ELSS Fund (G) good to invest in?
As per Scripbox experts, HSBC ELSS Fund (G) is a Neutral fund. You can investHSBC ELSS Fund (G) fund if its investment objective and risk-o-meter matches your investment goals and risk preferences.
What is the expense ratio of the HSBC ELSS Fund (G)?
The expense ratio of the HSBC ELSS Fund (G) is 2% for regular plan.