HSBC ELSS Tax saver Fund Direct Growth
NAV as on 27-03-2025
₹ 134.04
1D
Inception Returns
15.2%
/yr
Historical NAV & Returns
Absolute
▲
▼
1077 people have invested ₹ 53.5L in HSBC ELSS Tax saver Fund Direct Growth in the last three months
About HSBC ELSS Tax saver Fund Direct Growth
HSBC ELSS Tax saver Fund Direct Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Sonal Gupta. The fund could potentially beat inflation in the long-run.
Key Parameters
- HSBC ELSS Tax saver Fund Direct Growth has ₹3604 Cr worth of assets under management (AUM) as on Feb 2025 and is less than category average.
- The fund has an expense ratio 1.1.
Returns
HSBC ELSS Tax saver Fund Direct Growth has given a CAGR return of 15.16% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 15.29%, 16.94% and 26.56% respectively.
Holdings
HSBC ELSS Tax saver Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Consumer Cyclical, Industrial, Tech, Basic Materials, Health, Energy, Consumer Defensive, Utilities, Communication, Real Estate. Its top holdings are HDFC Bank Ltd, ICICI Bank Ltd, Infosys Ltd, Reliance Industries Ltd, Larsen & Toubro Ltd
Taxation
As it is a elss (tax savings) mutual fund the taxation is as follows:For short term (less than a year) capital gains will be taxed at 20%For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefitDividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.
Investment objective of HSBC ELSS Tax saver Fund Direct Growth
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.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 500.00 and for SIP is INR 500.00. There is a lock in period for HSBC ELSS Tax saver Fund Direct Growth of 3 Years
HSBC ELSS Tax saver Fund Direct Growth Overview
| Expense ratio | 1.14% |
Benchmark | S&P BSE 200 India TR INR |
| AUM | ₹3604 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹500/₹500 |
| Exit Load | 0% |
| Lock In | 3 Years |
TurnOver | 66.01% |
| STCG | Selling mutual fund before 1 year, returns taxed at 20%. |
| LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
| Risk |   Very High Risk |
INDmoney Rank for HSBC ELSS Tax saver Fund Direct Growth
Powered by IND quant engine
17
/23
50% Performance
35% Risk Management
2% Cost
17 out of 23 among elss (tax savings)
Beats FD returns for both 3Y & 5Y
Highly volatile within category
Trailing Returns
as on (27-Mar-25)
Fund Distribution
as on (28-Feb-25)
Large cap
50.7%
Small cap
25.1%
Mid cap
22.8%
Sector Allocation
Financial Services
25.2%
Consumer Cyclical
19.6%
Industrial
16.6%
Tech
11.6%
Basic Materials
6.8%
Health
5.9%
Energy
4.3%
Consumer Defensive
3.3%
Utilities
3.2%
Communication
2.1%
Real Estate
1.5%
All changes are between Dec'24 and Feb'25
- AUM of the fund stands at 3.6K Cr as of Feb'25
- AUM decreased by 708.2 Cr between Feb'25 and Jan'25
Top Stocks bought last month
HDFC Bank Ltd's allocation increased from 4.97% to 5.59%
Shriram Finance Ltd's allocation increased from 1.81% to 2.21%
Jindal Steel & Power Ltd's allocation increased from 1.29% to 1.54%
Top Stocks sold last month
Infosys Ltd's allocation decreased from 3.66 % to 3.63 %
Larsen & Toubro Ltd's allocation decreased from 2.7 % to 2.65 %
Persistent Systems Ltd's allocation decreased from 3.3 % to 1.96 %
Mid Cap allocation has gone down from 23.4% to 22.8%
Large Cap allocation has gone up from 49.9% to 50.7%
Small Cap allocation has gone down from 26% to 25.1%
Cash allocation has gone up from 0.6% to 1.4%
Top 3 Sectors in February were Financial Services, Consumer Cyclical & Industrial
Feb'25
Financial Services
25%
Consumer Cyclical
20%
Industrial
17%
Jan'25
Financial Services
24%
Consumer Cyclical
19%
Industrial
18%
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 HDFC Bank Ltd | 5.59% | 0% | |
 ICICI Bank Ltd | 3.86% | 0% | |
 Infosys Ltd | 3.63% | 0% | |
 Reliance Industries Ltd | 3.17% | 0% | |
 Larsen & Toubro Ltd | 2.65% | 0% |
See all
See all
Top Growth Drivers | 1M Return |
|---|---|
 Shriram Finance Ltd | 10.7% |
 Cholamandalam Investment & Finance Company Ltd | 5.8% |
 Jindal Steel & Power Ltd | 4.4% |
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Sonal Gupta
Fund Manager of HSBC ELSS Tax saver Fund Direct Growth, since 21 July 2021
Top funds managed
Fund House
HSBC Asset Management (India) Private Ltd
Total Schemes
Total AUM
₹1.25L Cr
as on 28-Feb-2025
Address
HSBC Asset Management (India) Private Ltd.,16, V N Road,,Fort
Phone
+912266145000
Website
hsbcmf@hsbc.co.in
Mutual Fund Insights
Over the last 3 months, this fund has experienced a 16.2% drop in AUM moving from 4.30K Cr to 3.60K Cr.
In the last 5 years, Quant ELSS Tax Saver Growth Option Direct Plan has given 39.75% return, outperforming this fund by 13.19% per annum.
Over the last 1 month, this fund has increased expense ratio by 3.6% moving from 1.10 to 1.14.
In the last 3 years, SBI Long Term Equity Fund Direct Growth has given 24.75% return, outperforming this fund by 7.81% per annum.
In the last 1 year, DSP ELSS Tax Saver Fund Direct Plan Growth has given 18.26% return, outperforming this fund by 2.97%.
This fund expense ratio is slightly on the lower side within the category (elss (tax savings)). Its expense ratio is 1.14% which is lower than the category average expense ratio of 1.3%.
HSBC ELSS Tax saver Fund Direct Growth Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered an average annual returns of 15.16% since inception which is more than its category average return of 14.48%
Fund Allocations
This fund has an allocation of 98.61% in Equity, 0% in Debt and 1.39% in Cash related instruments
AUM size ₹3604 Cr
This fund has AUM of ₹3604 Cr which is less than its category average of ₹ 4477 Cr
Expense Ratio 1.14%
This fund has an expense ratio of 1.14% which is less than its category average expense ratio of 1.4%
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Frequently Asked Questions for HSBC ELSS Tax saver Fund Direct Growth
The current NAV of HSBC ELSS Tax saver Fund Direct Growth is ₹134.04 as on 27-Mar-2025.
Existing (Absolute + CAGR) as on 27-Mar-2025.
HSBC ELSS Tax saver Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 4.23% | 4.23% |
6 Month Returns | -12.48% | -12.48% |
1 Year Returns | 15.29% | 15.29% |
3 Years Returns | 59.92% | 16.94% |
5 Years Returns | 224.73% | 26.56% |
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1.14% as on February 2025
₹3604 Cr as on February 2025
HDFC Bank Ltd(5.59%), ICICI Bank Ltd(3.86%), Infosys Ltd(3.63%), Reliance Industries Ltd(3.17%), Larsen & Toubro Ltd(2.65%) as on February 2025
Financial Services(24.8%), Consumer Cyclical(19.28%), Industrial(16.36%) as on February 2025
The alpha ratio for the HSBC ELSS Tax saver Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
HSBC ELSS Tax saver Fund Direct Growth | 8.18 | 2.51 | 0.02 |
As on February 2025
The alpha for HSBC ELSS Tax saver Fund Direct Growth is calculated against S&P BSE 200 India TR INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the HSBC ELSS Tax saver Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
HSBC ELSS Tax saver Fund Direct Growth | 1.16 | 1 | 0.98 |
As on February 2025
The Beta for HSBC ELSS Tax saver Fund Direct Growth is calculated with S&P BSE 200 India TR INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the HSBC ELSS Tax saver Fund Direct Growth for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
HSBC ELSS Tax saver Fund Direct Growth | 0.08 | 0.6 | 0.65 |
As on February 2025
The sharpe ratio for HSBC ELSS Tax saver Fund Direct Growth is calculated with S&P BSE 200 India TR INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the HSBC ELSS Tax saver Fund Direct Growth for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
HSBC ELSS Tax saver Fund Direct Growth | 18.43 | 15.43 | 19.86 |
As on February 2025
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
Sortino ratio is 0.92 as on February 2025. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.49 as on February 2025. It tells the consistency of the fund in generating superior risk-adjusted performance
Sonal Gupta is the fund manager of HSBC ELSS Tax saver Fund Direct Growth
The Exit load of HSBC ELSS Tax saver Fund Direct Growth is 0%