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  • HSBC ELSS Tax saver Fund (Growth)

Formerly HSBC ELSS Gr

HSBC Mutual Funds

HSBC ELSS Tax saver Fund (Growth)

EquityTax Saving

127.1214

NAV (Jun 21)

18.9%
5 Year CAGR
Scripbox Opinion
Neutral
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

Satisfactory

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

Outperformance Consistency

Neutral

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

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

127.1214

NAV (Jun 21)

Fund Returns

Last 1Y
45.3%
Last 3Y
20.5%
Last 5Y
18.8%
Last 10Y
15.1%
Since Inception
14.9%
6 Month CAGR
27.4%

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
1.91
Launched (18y ago)
Feb 27, 2006
AUM in Crores
3949.853
ISIN
INF677K01064
Lock-in
3
Benchmark
Nifty 500 TR INR
SIP Minimum
500
Lumpsum Min.
500
Standard Deviation (3yr)
13
Standard Deviation (5yr)
19
Beta (3yr)
0.92
Beta (5yr)
0.97
Sharpe Ratio (3yr)
0.97
Sharpe Ratio (5yr)
0.646
YTM
0
Fund Managers

Gautam Bhupal

Fund Manager

Sonal Gupta

Fund Manager

Abhishek Gupta

Fund Manager

Important Links

Scheme Information Document

Statement of Additional Information

Portfolio Disclosure

Returns Calculator Comparison

of

for

with step up of

AssetReturnsTotal CorpusGainsCAGR
HSBC ELSS Tax saver Fund (Growth)70%11,81,009 4,48,39718.9%
EPF70% 9,00,761 1,68,1498.50%
Property70% 8,67,662 1,35,0507.00%
PPF70% 8,69,819 1,37,2077.10%
Bank FD70% 8,46,471 1,13,8596.00%
Gold70% 8,46,471 1,13,8596.00%
Savings Bank70% 8,25,950 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 2024-06-21

Top Stock Holdings

hdfc bank ltd

4.5%
4.5%

reliance industries ltd

3.9%
3.9%

larsen & toubro ltd

3.4%
3.4%

icici bank ltd

3.3%
3.3%

cg power & industrial solutions ltd

2.4%
2.4%
See all holdings

Allocation by Sector

industrials

24.1%
24.1%

financial services

22.4%
22.4%

consumer cyclical

16.6%
16.6%

technology

9%
9%

energy

5.8%
5.8%
See all sectors

Comparison with Equity Funds

Fund NameFund SizeOutperformance Consistency
HDFC Large and Mid Cap Fund (G)
HDFC Large and Mid Cap Fund (G)

₹ 19,454 cr

₹ 22,620 cr

₹ 15,161 cr

₹ 42,669 cr

₹ 66,383 cr

amc-img

About the AMC

HSBC Asset Management(India)Private Ltd

HSBC Asset Management(India)Private Ltd manages assets worth 120,079 crores and was set up on 12 December 2001. It's current offering of mutual fund schemes includes 50 equity,130 debt and 31 hybrid funds.amc-img
phone-img022-66145000
Fund NameScripbox Opinion
Till Date CAGR

32.2%

23.4%

5.5%

5.9%

28.4%

17.8%

4.9%

5.2%

22%

16.4%

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 14.9% over a period of 18 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 Abhishek Gupta, Gautam Bhupal, Sonal Gupta.

Nav of HSBC ELSS Tax saver Fund (G) as of 6/21/2024 is ₹127.12 with the total AUM as of 6/23/2024 is ₹3949.853. 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 Nifty 500 TR INR.

HSBC ELSS Tax saver Fund (G) is rated as a 2 fund in Equity and delivered 45.3% 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)?

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

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 1.91% for regular plan.