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
NAV (Dec 4)
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 Tax saver Fund (Growth)||9,97,347||2,64,735||12.5%|
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.
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|Fund Name||Fund Size||Outperformance Consistency|
₹ 11,693 cr
₹ 17,531 cr
₹ 11,883 cr
₹ 10,182 cr
₹ 9,101 cr
HSBC Asset Management(India)Private Ltd
|Fund Name||Scripbox Opinion||Till Date CAGR|
HSBC ELSS Tax saver Fund (G) is a Tax Saving Equity fund and has delivered an annualised return of 13.6% over a period of 17 years. The fund was previously known as HSBC ELSS Gr. The fund is managed by HSBC Asset Management(India)Private Ltd. The fund managers are Cheenu Gupta, Gautam Bhupal.
Nav of HSBC ELSS Tax saver Fund (G) as of 12/4/2023 is ₹98.08 with the total AUM as of 12/5/2023 is ₹3191.282. With Scripbox you can compare and check the latest nav for all mutual funds in India. HSBC ELSS Tax saver 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 Tax saver 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 Tax saver 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 Tax saver Fund (G) is rated as a 2 fund in Equity and delivered 17.3% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with HSBC ELSS Tax saver Fund (G).
What is HSBC ELSS Tax saver Fund (G)?
How to invest in HSBC ELSS Tax saver Fund (G)?
You can invest in HSBC ELSS Tax saver 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 Tax saver Fund (G)?
The minimum sip amount for HSBC ELSS Tax saver Fund (G) is ₹500. You can invest in multiples of ₹500.
Is HSBC ELSS Tax saver Fund (G) good to invest in?
As per Scripbox experts, HSBC ELSS Tax saver Fund (G) is a Neutral fund. You can investHSBC ELSS Tax saver 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 Tax saver Fund (G)?
The expense ratio of the HSBC ELSS Tax saver Fund (G) is 1.94% for regular plan.