- Mutual Funds
- HSBC Mutual Funds
- HSBC ELSS Tax saver Fund (Growth)
Formerly HSBC ELSS Gr
HSBC ELSS Tax saver Fund (Growth)
₹ 98.076
NAV (Dec 04)
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).
Investment Calculator
Investment Duration5 years
0
Total Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 yearsHistorical NAV
₹ 98.076
NAV (Dec 4)
Fund Returns
Last 1Y | 17.3% |
Last 3Y | 17.3% |
Last 5Y | 12.5% |
Last 10Y | 14.8% |
Since Inception | 13.6% |
6 Month CAGR | 13.6% |
Scheme Information
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.
Expense Ratio | 1.94 |
Launched (17y ago) | Feb 27, 2006 |
AUM in Crores | 3191.282 |
ISIN | INF677K01064 |
Lock-in | 3 |
Benchmark | IISL Nifty 500 TR INR |
SIP Minimum | 500 |
Lumpsum Min. | 500 |
Standard Deviation (3yr) | 13.5 |
Standard Deviation (5yr) | 19.2 |
Beta (3yr) | 0.91 |
Beta (5yr) | 0.98 |
Sharpe Ratio (3yr) | 0.891 |
Sharpe Ratio (5yr) | 0.448 |
YTM | 0 |
Fund Managers
Returns Calculator Comparison
of
for
with step up of
| Asset | Returns | Total Corpus | Gains | CAGR |
|---|---|---|---|---|
| HSBC ELSS Tax saver Fund (Growth) | 9,97,347 | 2,64,735 | 12.5% | |
| 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
hdfc bank ltd
6.7%larsen & toubro ltd
5.3%icici bank ltd
5.2%cholamandalam investment and finance co ltd
4%kpit technologies ltd
4%Allocation by Sector
financial services
29.3%industrials
21.4%consumer cyclical
18.2%technology
14%healthcare
5%Comparison with Equity Funds
| Fund Name | Fund Size | Outperformance Consistency |
|---|---|---|
₹ 11,693 cr | ||
₹ 17,531 cr | ||
₹ 11,883 cr | ||
₹ 10,182 cr | ||
₹ 9,101 cr |
About the AMC
HSBC Asset Management(India)Private Ltd
| Fund Name | Scripbox Opinion | Till Date CAGR | |
|---|---|---|---|
4% | 7.3% | ||
27.1% | 16.3% | ||
24.6% | 15.6% | ||
3.7% | 6.1% | ||
4% | % |
HSBC ELSS Tax saver Fund (G) Review
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).
Frequently Asked Questions
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.