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 Poor
Save tax combined with inflation beating long term growth. Invest in Scripbox Recommended Tax Saver Funds to unlock the best of both worlds - tax saving and long term wealth creation.?
NAV (Dec 6)
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 (16y 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
|Instrument||Returns||Total Corpus||Gains||Annualised %|
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.
icici bank ltd9.4%
state bank of india5.3%
hdfc bank ltd5.2%
indian hotels co ltd4.3%
|Fund Name||Fund Size||Outperformance Consistency|
₹ 10,427 cr
₹ 4,865 cr
₹ 15,580 cr
₹ 10,427 cr
₹ 15,580 cr
HSBC Asset Management(India)Private Ltd
HSBC Asset Management(India)Private Ltd manages assets worth 68,639 crores and was set up on 12 December 2001. It's current offering of mutual fund schemes includes 44 equity,127 debt and 30 hybrid funds.
|Fund Name||Scripbox Opinion||Till Date CAGR|
HSBC ELSS Fund (G) is a Tax Saving Equity fund and has delivered an annualised return of 13.3% over a period of 16 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, Vihang Naik.
Nav of HSBC ELSS Fund (G) as of 12/6/2022 is ₹81.57 with the total AUM as of 12/7/2022 is ₹3282.762. 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 ₹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 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 1 fund in Equity and delivered 4.8% 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 ₹0. 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 Not Recommended 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 1.97% for regular plan.