HSBC Tax Saver Equity Fund - Direct (IDCW)
ELSSNAV
42.64(0.71%)Fund Size (CR)
₹260.16Expense Ratio
1.6Scheme Type
Active FundValue Research
Min. investment
₹5,000Minimum Additional Investment
₹0Minimum SIP Investment
₹500Minimum Withdrawal
₹500Exit Load
0%Return Since Launch
16.18%
- 3M
- 6M
- 1Y
- 3Y
- All
Basic Details
Scheme Manager
Gautam Bhupal
Bench Mark
Nifty 500 TRI
Type
OPEN
Lumpsum Returns
| Period Invested For | ₹10,000 Invested on | Latest Value | Absolute Returns | Annualised Returns | Category Avg | Rank within Category |
|---|---|---|---|---|---|---|
| 1 Week | 23 December 2024 | 9966.01 | -0.34% | - | -0.06% | 168/225 |
| 1 Month | 29 November 2024 | 10073.71 | 0.74% | - | -0.77% | 24/225 |
| 3 Month | 30 September 2024 | 10160.52 | 1.61% | - | -5.39% | 2/225 |
| 6 Month | 28 June 2024 | 11158.95 | 11.59% | - | 1.74% | 9/225 |
| 1 Year | 29 December 2023 | 13386.29 | 33.86% | 33.86% | 20.44% | 10/225 |
| 3 Year | 30 December 2021 | 17356.81 | 73.57% | 20.18% | 17.31% | 54/215 |
| 5 Year | 30 December 2019 | 25859.13 | 158.59% | 20.93% | 21.38% | 98/215 |
| Since Inception | 2 January 2013 | 60450.35 | 504.50% | 16.18% | 16.83% | 113/225 |
Note: Lumpsum Returns since Inception Date.
SIP Returns
| Period Invested For | ₹10,000 Invested on | Investments | Latest Value | Absolute Returns | Annualised Returns |
|---|---|---|---|---|---|
| 1 Year | 1 January 2024 | 1,30,000 | 333153.23 | 156.27% | 156.27% |
| 3 Year | 3 January 2022 | 3,70,000 | 1151567.94 | 211.23% | 46.00% |
| 5 Year | 1 January 2020 | 6,10,000 | 2228782.26 | 265.37% | 29.58% |
| 10 Year | 1 January 2015 | 12,10,000 | 4847240.34 | 300.60% | 14.89% |
Note: SIP Returns since Inception Date.
Tax Treatment
If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 10%, if your total long term capital gain exceeds 1 lakh. Any cess/surcharge is not included.If sold before 1 year from purchase date, short term capital gain tax will be applicable. Current tax rate is 15%. Any cess/surcharge is not included in the 15%.
Mutual Funds Calculator
- Investment type
- Scheme based
- SIP
- Lumpsum
Invested Amount
₹25,000
Estimated Returns
₹19,059
76%
Returns
Future value of your investment
₹44,059
Risk Ratios
3.79%
Standard Deviation
0.90%
Beta
1.02%
Sharpe Ratio
0.14%
Treynor's Ratio
4.46%
Jension's Alpha
Asset Allocation
Sector Allocation
Top 10 stock holding in portfolio
| Stock Invested in | % of Total Holdings | Quantity | Value (Cr) | Asset Type | Segment |
|---|---|---|---|---|---|
| ICICI Bank | 6.24% | 124800 | 16.23 | Equity | Banks |
| Infosys | 5.86% | 82100 | 15.25 | Equity | IT - Software |
| Dixon Technolog. | 5.06% | 8330 | 13.17 | Equity | Consumer Durables |
| HDFC Bank | 4.79% | 69350 | 12.46 | Equity | Banks |
| Multi Comm. Exc. | 4.40% | 18500 | 11.44 | Equity | Financial Services |
| Reliance Industr | 3.73% | 75160 | 9.71 | Equity | Refineries |
| Amber Enterp. | 3.50% | 15000 | 9.10 | Equity | Consumer Durables |
| PB Fintech. | 3.41% | 46800 | 8.86 | Equity | IT - Software |
| KEI Industries | 3.37% | 20300 | 8.76 | Equity | Cables |
| Bharti Airtel | 3.27% | 52300 | 8.51 | Equity | Telecomm-Service |
Peer Comparison
| Scheme Name | Value Research | Asset Size (Cr) | 1M | 3M | 6M | 1Y | 3Y |
|---|---|---|---|---|---|---|---|
| HSBC Tax Saver Equity Fund - Direct (IDCW) | 260.16 | 0.74% | 1.61% | 11.59% | 33.86% | 20.18% | |
| Motilal Oswal ELSS Tax Saver Fund-Dir (IDCW) | 4186.93 | 3.08% | 1.24% | 14.69% | 48.32% | 29.04% | |
| Motilal Oswal ELSS Tax Saver Fund-Dir (G) | 4186.93 | 3.08% | 1.24% | 14.69% | 48.32% | 29.04% | |
| SBI Long Term Advantage Fund - Series V -Dir (G) | 369.13 | -0.71% | -1.23% | 14.03% | 43.06% | 20.04% | |
| SBI Long Term Advantage Fund-Series V -Dir (IDCW) | 369.13 | -0.71% | -1.23% | 14.03% | 43.06% | 20.04% | |
| HSBC Tax Saver Equity Fund - Direct (G) | 260.16 | 0.74% | 1.61% | 11.59% | 33.87% | 20.18% |
News
HSBC MF announces Quarterly Income Distribution cum Capital Withdrawal (IDCW) under its schemes
HSBC Mutual Fund has announced 26 December 2024 as the record date for declaration of IDCW in the following schemes. The proposed IDCW on the face value of Rs 10 per unit will be:HSBC Aggressive Hybrid Fund:
Regular Plan ' IDCW: 0.210
Direct Plan ' IDCW: 0.240
HSBC Balanced Advantage Fund:
Regular Plan ' IDCW: 0.135
Direct Plan ' IDCW: 0.155
HSBC Equity Savings Fund:
Regular Plan ' Quarterly IDCW: 0.310
Direct Plan ' Quarterly IDCW: 0.340
HSBC Large Cap Fund:
Regular Plan ' IDCW: 4.250
Direct Plan ' IDCW: 4.250`
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HSBC MF announces change in Fund Manager of the following schemes
HSBC Mutual Fund Mutual Fund has announced change in Fund Managers of the following schemes with effect from: 01 October 2024Change in Fund Managers of the Schemes:
Scheme Name Existing Fund Manager(s) New Fund Manager(s) HSBC India Export Opportunities Fund ' Mr. Abhishek Gupta (Equity) and
' Mr. Sonal Gupta (Foreign securities)' Mr. Abhishek Gupta (Equity),
' Mr. Siddharth Vora (Equity), and
' Mr. Sonal Gupta (Foreign securities)Powered by Capital Market - Live News
HSBC Arbitrage Fund announces Income Distribution cum capital withdrawal (IDCW)
HSBC Mutual Fund has announced 20 September 2024 as the record date for declaration of distribution under the IDCW option of HSBC Arbitrage Fund. The amount of IDCW (Rs per unit) on the face value of Rs 10 per unit will be:Regular Plan ' Quarterly IDCW Option: 0.22
Direct Plan ' Quarterly IDCW Option: 0.25
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Fund House Details & Investment Objective
Date of Incorporation
1 January 2013
Total AUM (Cr)
₹260.16
HSBC Tax Saver Equity Fund - Direct (IDCW) is an ELSS-oriented fund from the renowned AMC, HSBC Mutual Fund. Launched in 1 January 2013, this fund is managed by Gautam Bhupal. With assets under management (AUM) worth ₹260.16 (Cr), as of 1 January 2025, HSBC Tax Saver Equity Fund - Direct (IDCW) is categorized as a ELSS within its segment. The fund has generated a return of 16.18% since its launch.
The current NAV of HSBC Tax Saver Equity Fund - Direct (IDCW) is ₹42.64, as on 1 January 2025. The fund's benchmark index is Nifty 500 TRI. You can invest in HSBC Tax Saver Equity Fund - Direct (IDCW) via both lumpsum and SIP modes. The minimum SIP amount in the fund is ₹500 while the minimum lumpsum investment is ₹5,000.
Being an open-ended fund, you can exit the fund anytime subject to applicable exit loads:
NIL The fund has generated 20.18% and 20.93% CAGR in the last 3 and 5 years respectively.
The fund aims to provide long-term capital appreciation and growth, by investing in a mix of financial instruments 98.57% in Equity, 1.73% in Debt and -0.30% in cash and cash equivalents.
The top 5 sectors the fund invests in are: 15.99% in Banks, 12.34% in Consumer Durables, 11.19% in Capital Markets, 7.59% in IT-Software, 6.60% in Pharmaceuticals & Biotech
FAQs
How to Invest in HSBC Tax Saver Equity Fund - Direct (IDCW) Direct Growth?
HSBC Tax Saver Equity Fund - Direct (IDCW) is a popular fund in the ELSS segment. The fund has generated a return of 16.18% since inception. Looking to invest in HSBC Tax Saver Equity Fund - Direct (IDCW) How about earning 1% extra return? All this is possible with m.Stock! Investing in HSBC Tax Saver Equity Fund - Direct (IDCW) is super easy and convenient with m.Stock. Here’s how you can begin:
- Login to your m.Stock account. If you do not have an account, open m.Stock Demat account and enjoy 1% extra returns plus Zero Brokerage across products for life.
- In the ‘Menu’ section, under ‘Products’, select ‘Mutual Funds’ .
- In the search bar, enter the fund name, in this case, HSBC Tax Saver Equity Fund - Direct (IDCW)
- On the top right corner you’ll see two options – Lumpsum and SIP. You can choose either based on your risk appetite and available investible corpus.
- If you choose to invest a Lumpsum: Enter amount, select payment mode (UPI or Netbanking), and click on ‘invest a lumpsum’. Make the payment and your lumpsum investment is complete.
- If you choose the SIP route, then enter SIP amount, SIP date, and set up ‘Autopay’ facility.
So, why wait? Invest in HSBC Tax Saver Equity Fund - Direct (IDCW) today and reap the benefits of this ELSS fund!
How much returns has HSBC Tax Saver Equity Fund - Direct (IDCW) Direct Growth generated?
What is the expense ratio of HSBC Tax Saver Equity Fund - Direct (IDCW) Direct Growth?
What is the AUM of HSBC Tax Saver Equity Fund - Direct (IDCW) Fund Direct Growth?
How to redeem or withdraw money from HSBC Tax Saver Equity Fund - Direct (IDCW) Direct Growth?
Redeeming or selling units of HSBC Tax Saver Equity Fund - Direct (IDCW) is relatively simple. But before you redeem, ensure that the fund has completed the minimum lock-in period else you will be charged an exit load.
To redeem from HSBC Tax Saver Equity Fund - Direct (IDCW):
- Login to your m.Stock account
- In portfolio, your mutual fund investments will be visible under ‘MF’
- Select the fund you wish to redeem from (in this case HSBC Tax Saver Equity Fund - Direct (IDCW)).
- Click on ‘Redeem’ button
- You have 2 options – redeem by units and redeem by value (you can only redeem free units)
- Select units to be redeemed and click on submit.
- Redemption value will be credited to your account in 2-3 working days (as per timelines set by SEBI).