HSBC ELSS Tax Saver Fund – Direct (IDCW)

Equity · ELSS
 · ★★★
500
Min SIP
500
Min Lumpsum
1.11 %
Expense Ratio
★★★
Rating
3,643
Fund Size (in Cr)
11 Years
Fund Age
Mutual Fund SIP Calculator
Monthly Investment
Max: ₹1,00,000
Investment Period
Yrs
Max: 5 yrs
  • Invested Amount
    --
  • Wealth Gained
    --
  • Expected Amount
    --

Scheme Performance

Returns and Ranks ( as on 23 February 2024 )
1Y1Y 3Y3Y 5Y5Y MaxMax
Trailing Returns 39.6% 18.7% 17.4% 15.1%
Category Average 39.8% 19.6% 19% -

Scheme Allocation

By Holding
By Sector
By Asset
4.93%
Others
78.62%
View all Holdings
Holdings Sector Instrument Asset
Larsen & Toubro Infrastructure Developers & Operators Equity 5.48%
HDFC Bank Banks Equity 4.93%
Reliance Industr Refineries Equity 4.21%
Persistent Sys IT - Software Equity 3.46%
KPIT Technologi. IT - Software Equity 3.3%
ICICI Bank Banks Equity 3.26%
CG Power & Indu. Capital Goods - Electrical Equipment Equity 3.2%
Infosys IT - Software Equity 2.84%
Bharat Electron Aerospace & Defence Equity 2.8%
Shriram Finance Finance Equity 2.59%
Cholaman.Inv.&Fn Finance Equity 1.99%
Power Fin.Corpn. Finance Equity 1.81%
Jindal Saw Steel Equity 1.73%
Siemens Capital Goods - Electrical Equipment Equity 1.71%
KEI Industries Cables Equity 1.63%
Bank of India Banks Equity 1.6%
Blue Star Consumer Durables Equity 1.56%
NTPC Power Generation & Distribution Equity 1.53%
Tata Motors Automobile Equity 1.48%
Godrej Propert. Realty Equity 1.43%
Trent Retail Equity 1.4%
JSW Energy Power Generation & Distribution Equity 1.4%
Engineers India Infrastructure Developers & Operators Equity 1.36%
Max Healthcare Healthcare Equity 1.32%
Titan Company Diamond, Gems and Jewellery Equity 1.27%
DLF Realty Equity 1.25%
Cello World Trading Equity 1.19%
Karur Vysya Bank Banks Equity 1.18%
Hind.Aeronautics Aerospace & Defence Equity 1.15%
Zomato Ltd E-Commerce/App based Aggregator Equity 1.15%
H P C L Refineries Equity 1.1%
Indian Hotels Co Hotels & Restaurants Equity 1.09%
Nippon Life Ind. Finance Equity 1.06%
A B B Capital Goods - Electrical Equipment Equity 1.05%
Safari Inds. Plastic products Equity 1.05%
Varroc Engineer Auto Ancillaries Equity 1.03%
Bharti Airtel Telecomm-Service Equity 1%
360 ONE Finance Equity 0.99%
Bikaji Foods FMCG Equity 0.97%
Axis Bank Banks Equity 0.93%
Mahindra Holiday Hotels & Restaurants Equity 0.92%
Schaeffler India Bearings Equity 0.91%
Sula Vineyards Alcoholic Beverages Equity 0.91%
Dr Reddy's Labs Pharmaceuticals Equity 0.9%
Triveni Turbine Capital Goods - Electrical Equipment Equity 0.9%
Mankind Pharma Pharmaceuticals Equity 0.89%
IIFL Finance Finance Equity 0.86%
B H E L Capital Goods - Electrical Equipment Equity 0.86%
O N G C Crude Oil & Natural Gas Equity 0.79%
UltraTech Cem. Cement Equity 0.78%
Thermax Capital Goods-Non Electrical Equipment Equity 0.77%
T R I L Capital Goods - Electrical Equipment Equity 0.64%
NHPC Ltd Power Generation & Distribution Equity 0.63%
Sobha Realty Equity 0.62%
Avalon Tech Consumer Durables Equity 0.62%
Zensar Tech. IT - Software Equity 0.55%
Suzlon Energy Capital Goods - Electrical Equipment Equity 0.54%
Lupin Pharmaceuticals Equity 0.53%
St Bk of India Banks Equity 0.53%
Bajaj Auto Automobile Equity 0.53%
Exide Inds. Auto Ancillaries Equity 0.52%
Lemon Tree Hotel Hotels & Restaurants Equity 0.52%
TVS Motor Co. Automobile Equity 0.51%
Canara Bank Banks Equity 0.5%
Craftsman Auto Auto Ancillaries Equity 0.48%
Sun Pharma.Inds. Pharmaceuticals Equity 0.47%
RHI Magnesita Refractories Equity 0.46%
Polycab India Cables Equity 0.44%
M & M Automobile Equity 0.43%
Can Fin Homes Finance Equity 0.41%
Amber Enterp. Consumer Durables Equity 0.4%
Gland Pharma Pharmaceuticals Equity 0.36%
Uno Minda Auto Ancillaries Equity 0.34%
Jindal Stain. Steel Equity 0.32%
Jio Financial Finance Equity 0.31%
M & M Fin. Serv. Finance Equity 0.3%
Escorts Kubota Automobile Equity 0.29%
Eicher Motors Automobile Equity 0.29%
Coforge IT - Software Equity 0.29%
Syngene Intl. Pharmaceuticals Equity 0.28%
Maruti Suzuki Automobile Equity 0.27%
Doms Industries Printing & Stationery Equity 0.26%
TCS IT - Software Equity 0.22%
Cipla Pharmaceuticals Equity 0.14%
LTIMindtree IT - Software Equity 0.06%
Sona BLW Precis. Auto Ancillaries Equity 0.01%
Kotak Mah. Bank Banks Equity 0%
Banks
12.93%
IT-Software
10.72%
Electrical Equipments
10.29%
Finance
9.26%
Construction
6.84%
Others
49.96%
View all Sectors
Sectors Asset
Banks 12.93%
IT-Software 10.72%
Electrical Equipments 10.29%
Finance 9.26%
Construction 6.84%
Consumer Durables 5.47%
Petroleum Products 5.31%
Industrial Products 4.26%
Aerospace & Defense 3.95%
Power 3.56%
Automobiles 3.51%
Realty 3.3%
Pharmaceuticals & Biotech 3.29%
Auto Components 3.29%
Retailing 2.55%
Leisure Services 2.53%
Debt 1.77%
Healthcare Services 1.6%
Capital Markets 1.06%
Telecom-Services 1%
Food Products 0.97%
Beverages 0.91%
Oil 0.79%
Cement & Cement Products 0.78%
Ferrous Metals 0.32%
Agricultural, Commercial 0.29%
Household Products 0.26%
Cash & Others -0.81%
Equity
99.04%
Reverse Repos
1.77%
Net Curr Ass/Net Receivables
-0.81%

Advance Ratio

0.52
Alpha
3.85
SD
0.9
Beta
0.99
Sharpe

Exit Load

Exit Load Nil

Fund Objective

To generate long-term capital growth from a diversified portfolo of predominantly equity and equity-related securities.

Fund Managers

Cheenu Gupta - Equities Mutual Fund - Fund Manager

Mr Cheenu Gupta is the top-performing mutual fund manager at Canara Robeco Mutual Fund. Mr Cheenu Gupta is the best performer at Canara Robeco Mutual Fund and is very well-known in the market. Mr Cheenu Gupta is considered the best Mutual Fund Manager in the country, managing five equity mutual funds.

Mr Cheenu Gupta is the CIO at Canara Robeco Mutual Fund and is a graduate of the Indian Institute of Management. He is known to be a very skilled mutual fund manager, which is why a lot of investors are keen on investing in his mutual fund. He likes to go fishing in his spare time.

Risk-O-Meter

Peer Comparison

Fund Name

AMC Contact Details

HSBC Mutual Fund
AUM:
1,02,162 Cr
Address:
9-11 Floors, NESCO IT Park, Building no 3, Western Express Highway, Goregaon(East) Mumbai-400063
Contact:
66145000
Email ID:
hsbcmf@camsonline.com

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Frequently Asked Questions

How to invest in HSBC ELSS Tax Saver Fund – Direct (IDCW) ?

You can invest in HSBC ELSS Tax Saver Fund – Direct (IDCW) in a quick and simple process. Follow the below steps;
  • Login to your 5paisa account, Go to the Mutual Funds section.
  • Search for HSBC ELSS Tax Saver Fund – Direct (IDCW) in the search box.
  • Click on "Start SIP" if you wish to do a SIP or click on “One-time” if you wish to invest a lumpsum amount then click on "Invest Now"

What is the NAV of HSBC ELSS Tax Saver Fund – Direct (IDCW) ?

The NAV of HSBC ELSS Tax Saver Fund – Direct (IDCW) is ₹38.7 as of 23 February 2024.

How to redeem HSBC ELSS Tax Saver Fund – Direct (IDCW) holding ?

You can go to your holding on the app and click on the fund name you will get two options Invest More and Redeem; click on redeem and enter the amount or units you desire to redeem or you can tick on “Redeem all units”.

What is the minimum sip amount of HSBC ELSS Tax Saver Fund – Direct (IDCW)?

The minimum SIP amount of HSBC ELSS Tax Saver Fund – Direct (IDCW) is ₹500

What are the top sectors HSBC ELSS Tax Saver Fund – Direct (IDCW) has invested in?

The top sectors HSBC ELSS Tax Saver Fund – Direct (IDCW) has invested in are
  1. Banks - 12.93%
  2. IT-Software - 10.72%
  3. Electrical Equipments - 10.29%
  4. Finance - 9.26%
  5. Construction - 6.84%

Can I make investments in both the SIP and Lump Sum schemes of HSBC ELSS Tax Saver Fund – Direct (IDCW)?

Yes, You can select both SIP or Lumpsum investment of HSBC ELSS Tax Saver Fund – Direct (IDCW) based on your investment objective and risk tolerance.

How much returns have HSBC ELSS Tax Saver Fund – Direct (IDCW) generated ?

The HSBC ELSS Tax Saver Fund – Direct (IDCW) has delivered 15.1% since inception

What is the expense ratio of HSBC ELSS Tax Saver Fund – Direct (IDCW) ?

The expense ratio of HSBC ELSS Tax Saver Fund – Direct (IDCW) is 1.11 % as of 23 February 2024.

What is the AUM of HSBC ELSS Tax Saver Fund – Direct (IDCW)?

The AUM of HSBC ELSS Tax Saver Fund – Direct (IDCW) is ₹1,02,162 Cr as of 23 February 2024

What are the top stock holdings of HSBC ELSS Tax Saver Fund – Direct (IDCW)?

The top stock holdings of HSBC ELSS Tax Saver Fund – Direct (IDCW) are
  1. Larsen & Toubro - 5.48%
  2. HDFC Bank - 4.93%
  3. Reliance Industr - 4.21%
  4. Persistent Sys - 3.46%
  5. KPIT Technologi. - 3.3%

How can I redeem my investments in HSBC ELSS Tax Saver Fund – Direct (IDCW)?

Step 1: Visit the fund house's website
Step 2: Log in to your account by adding Folio No. and M-Pin
Step 3: Click on Widhrawal > Redemption
Step 4: Select HSBC ELSS Tax Saver Fund – Direct (IDCW) in Scheme, enter the redemption amount, and click on submit button.
Invest Now