Mutual Fund Details

HSBC ELSS Tax saver Fund Direct-IDCW

Name: HSBC ELSS Tax saver Fund Direct-IDCW
Brand: HSBC Mutual Fund

Tax Saver ELSS

NAV

₹37.5564

as on 19 Apr 2024, 11:15 PM

₹0.1634(0.44%)

Last Change

Scheme Ratings

rated by Value Research

ELSS

Rankings based on | as on Invalid date

Schemes Managed By

Gautam Bhupal

Fund Manager

Abhishek Gupta

Investment Performance

would have given a return of

₹1,10,871

₹1,21,647

₹1,64,752

₹1,68,638

Bank Account

Fixed Deposit

Regular Mutual Fund

This Fund on Paytm Money

This Mutual Fund

₹68,638

Profit (absolute return)

68.64%

in the last

max

+1% Higher Returns

With Direct Plans on Paytm Money

Investment Returns

In the last 3 months

8.37%

In the last 6 months

21.47%

In the last 1 year

42.26%

In the last 3 years

68.64%

In the last 5 years

113.45%

In the last 10 years

342.89%

Absolute Returns

CAGR

Scheme Riskometer

low

low to moderate

moderate

moderately high

high

very high

Investors understand that their principal will be at very high risk

Scheme Information

HSBC ELSS Tax saver Fund Direct-IDCW

as of 31 Mar 2024, 05:30 AM

₹3,673.94 Cr

Scheme Asset Size

Fund Type

Open-End

Exit Load

No charges on withdrawal

1.11%

Expense Ratio

Plan

Dividend

1.37%

Cash Holding

Benchmark

NIFTY 500 Total Return Index

Scheme Document

View

Benchmark

NIFTY 500 Total Return Index

Exit Load

No charges on withdrawal

Scheme Document

View

Sectors Holding in this Mutual Fund

as on 31 Mar 2024

Sort By

Value

Sector

Financial

22.00%

₹808.27 Cr

Capital Goods

18.33%

₹673.43 Cr

Construction

10.64%

₹390.91 Cr

Technology

9.46%

₹347.55 Cr

Energy

8.53%

₹313.39 Cr

Others

31.04%

₹1,140.39 Cr

View All

Sectors Holding in this Mutual Fund

as on 31 Mar 2024

Sort By

Value

Sector

Financial

22.00%

₹808.27 Cr

Capital Goods

18.33%

₹673.43 Cr

Construction

10.64%

₹390.91 Cr

Technology

9.46%

₹347.55 Cr

Energy

8.53%

₹313.39 Cr

Others

31.04%

₹1,140.39 Cr

View All

Companies Holding in this Mutual Fund

as on 31 Mar 2024

Sort By

Value

Company

Larsen & Toubro Ltd.

4.59%

₹168.63 Cr

Reliance Industries Ltd.

4.35%

₹159.82 Cr

HDFC Bank Ltd.

3.83%

₹140.71 Cr

ICICI Bank Ltd.

3.44%

₹126.38 Cr

CG Power and Industrial Solutions Ltd.

3.10%

₹113.89 Cr

Others

80.69%

₹2,964.50 Cr

View All

Companies Holding in this Mutual Fund

as on 31 Mar 2024

Sort By

Value

Company

Larsen & Toubro Ltd.

4.59%

₹168.63 Cr

Reliance Industries Ltd.

4.35%

₹159.82 Cr

HDFC Bank Ltd.

3.83%

₹140.71 Cr

ICICI Bank Ltd.

3.44%

₹126.38 Cr

CG Power and Industrial Solutions Ltd.

3.10%

₹113.89 Cr

Others

80.69%

₹2,964.50 Cr

View All

Funds in this Category

This fund's returns:

18.97%

Return Duration

3 Years

Quant ELSS Tax Saver Fund Direct-Growth

SBI Long Term Equity Fund Direct Plan-Growth

HDFC ELSS Tax Saver Direct Plan-Growth

About HSBC ELSS Tax saver Fund Direct-IDCW

HSBC ELSS Tax saver Fund Direct-IDCW is a Tax Saver mutual fund scheme from HSBC Mutual Fund. This scheme was launched on Invalid date and is currently managed by its fund managers Gautam Bhupal and Abhishek Gupta. It has an AUM of ₹3,673.94 Crores and the latest NAV decalared is ₹37.556 as on 20 Apr 2024 at 1:53 am.

HSBC ELSS Tax saver Fund Direct-IDCW scheme return performance in last 1 year is 42.26%, in last 3 years is 68.64% and 403.99% since scheme launch.

Scheme Details

AUM:	₹3,673.94 Cr
Category:	Equity: ELSS
Launch Date:	Invalid date
Fund Type:	Open-End

About Fund Category

Having a statutory lock-in period of 3 years, ELSS Funds enable long term wealth accumulation along with the benefit of tax saving. Investing in ELSS Funds makes you eligible to claim a tax deduction of up to Rs 1.5 lakh under Section 80C of the Income Tax Act 1961.