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  • HSBC ELSS Fund (Growth)

Formerly L&T Tax Advantage Gr

HSBC Mutual Funds

HSBC ELSS Fund (Growth)

EquityTax Saving

81.5704

NAV (Dec 06)

8.5%
5 Year CAGR
Scripbox Opinion
Not Recommended
Click here for top ranked funds in tax saving mutual funds.

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).

Our analysis of this fundLearn how we rate funds ->

Fund Size

Good

The performance of the fund on a Fund Size metric has been Good

Outperformance Consistency

Poor

The performance of the fund on a Outperformance Consistency metric has been Poor

Scripbox Recommended Tax Saving Fund

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.?

Learn more

Investment Calculator

Investment Duration5 years

0

Total Investment

0

Wealth Gained

0

Total Corpus Created (₹)

With CAGR of 11.25 % in 5 years

Historical NAV

81.5704

NAV (Dec 6)

Fund Returns

Last 1Y

4.8%

Last 3Y

14.3%

Last 5Y

8.5%

Last 10Y

13.2%

Since Inception

13.3%

6 Month CAGR

12%

Scheme Information

Investment Objective

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

1.97

Launched (16y ago)

Feb 27, 2006

AUM in Crores

3282.762

ISIN

INF677K01064

Lock-in

3

Benchmark

IISL Nifty 500 TR INR

SIP Minimum

0

Lumpsum Min.

500

Standard Deviation (3yr)

22.8

Standard Deviation (5yr)

19.7

Beta (3yr)

0.98

Beta (5yr)

0.98

Sharpe Ratio (3yr)

0.519

Sharpe Ratio (5yr)

0.249

YTM

0

Fund Managers

Vihang Naik

Fund Manager

Cheenu Gupta

Fund Manager

Returns Calculator Comparison

of

for

with step up of

InstrumentReturnsTotal CorpusGainsAnnualised %
Mutual Fund70%965,796 233,18411.25%
EPF70% 900,761 168,1498.50%
Property70% 867,662 135,0507.00%
PPF70% 869,819 137,2077.10%
Bank FD70% 846,471 113,8596.00%
Gold70% 846,471 113,8596.00%
Savings Bank70% 825,950 93,3385.00%

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

Last updated on 2022-12-06

Top Stock Holdings

icici bank ltd

9.4%
9.4%

state bank of india

5.3%
5.3%

hdfc bank ltd

5.2%
5.2%

infosys ltd

4.8%
4.8%

indian hotels co ltd

4.3%
4.3%
See all holdings

Allocation by Sector

financial services

32.2%
32.2%

consumer cyclical

21.8%
21.8%

industrials

11.5%
11.5%

technology

11.5%
11.5%

basic materials

6%
6%
See all sectors

Compare HSBC ELSS Fund (Growth)

Fund NameFund SizeOutperformance Consistency
DSP Tax Saver Fund (G)
DSP Tax Saver Fund (G)

₹ 10,427 cr

₹ 4,865 cr

₹ 15,580 cr

₹ 10,427 cr

₹ 15,580 cr

About the AMC

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.

amc-img

  • 022-66145000
  • hsbcmf@camsonline.com
  • Fund NameScripbox Opinion
    Till Date CAGR

    6.3%

    7.3%

    3.9%

    5.6%

    7%

    8.5%

    6.4%

    7.4%

    5.5%

    6.2%

    HSBC ELSS Fund (G) Review

    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).

    Frequently Asked Questions

    What is HSBC ELSS Fund (G)?

    HSBC ELSS Fund (G) is a Tax Saving Equity scheme predominantly investing across Equity stocks with an investment objective to generate wealth over the long term.

    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.