HSBC Tax Saver Equity Fund Direct Growth-2.04%

2Groww
-10.97%
1 Year Return
Equity
ELSS
2.0 star
6M
1Y
3Y
5Y
All

Fund Details

HSBC Tax Saver Equity Fund Direct Growth

RiskModerately High
Min SIP Amount₹500
Expense Ratio1.24%
NAV38.27 (08 Jul 2019)
Fund Started31 Dec 2012
Fund Size147 Cr

Returns

1Y
3Y*
5Y*
Since inception*
HSBC Tax Saver Equity Fund Direct Growth
-11.0%
5.7%
7.8%
11.6%
Category Average
NA
NA
NA
-
Rank within category
NA
NA
NA
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    5 Years
    Estimated Value
    as per Historical Returns
    30
    with -11.0% annual returns

    Comparison

    Data not available
    Pros
    1. Age is more than 10 years
    2. 5Y Returns are higher than the benchmark
    3. Exit load is zero
    Cons
    1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
    2. Risk-adjusted returns are lower compared to the category
    3. Risk is higher compared to the benchmark
    4. 1Y Returns are lower than the benchmark
    5. 3Y Returns are lower than the benchmark

    Top Holdings

    NameSectorInstrument% Assets
    HDFC Bank Ltd.Financial ServicesEquity9.4%
    ICICI Bank Ltd. Financial ServicesEquity9.2%
    IndusInd Bank Ltd.Financial ServicesEquity5.3%
    Maruti Suzuki India Ltd.AutomobileEquity5.0%
    Infosys Ltd.ITEquity4.8%
    Vedanta Ltd.MetalsEquity3.7%
    Axis Bank Ltd.Financial ServicesEquity3.7%
    Glaxosmithkline Consumer Healthcare Ltd.Consumer GoodsEquity3.5%
    NCL Industries Ltd.Cement & Cement ProductsEquity2.9%
    Federal Bank Ltd.Financial ServicesEquity2.6%
    See All

    Fund Managers

    addAditya Khemani
    Education
    Mr. Khemani has done B.Com (Hons) and PGDM from IIM, Lucknow.
    Experience
    Prior to joining Kotak AMC, he worked with SBI Mutual Funds, Prudential ICICI Asset Management India Pvt. Ltd. and Morgan Stanley Advantage Service India Pvt. Ltd.
    Funds Managed

    Other Details

    HSBC Tax Saver Equity Fund Direct Growth is a Equity Mutual Fund Scheme launched by HSBC Mutual Fund. This scheme was introduced to investors on 31 Dec 2012. Aditya Khemani is the Current Fund Manager of HSBC Tax Saver Equity Fund Direct Growth.The fund currently has an Asset Under Management(AUM) of ₹147 Cr and the Latest NAV as of 08 Jul 2019 is ₹38.27.

    The HSBC Tax Saver Equity Fund Direct Growth is rated Moderately High risk. Minimum SIP Investment is 500. Minimum Lumpsum Investment is 500. Nil.

    Investment Objective

    To provide long term capital appreciation by investing in a diversified portfolio of equity & equity related instruments of companies across various sectors and industries, with no capitalisation bias. The Fund may also invest in fixed income securities.

    Tax Implications

    Scheme Information Document(SID)

    ₹500
    Min for First Investment
    ₹500
    Min for Second Investment
    Nil
    Exit Load

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    About HSBC Mutual Fund

    Address
    16, V N Road, Fort, Mumbai 400 001
    Phone
    022- 66145000
    Launch Date
    26 May 2002
    Website
    NA
    HSBC Mutual Fund
    Asset Management Company
    Custodian
    Standard Chartered Bank
    Registrar & Transfer Agent
    Cams
    Address
    NA
    Website
    NA
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