HSBC Tax Saver Equity Fund - Growth Direct
Fund House: HSBC Mutual Fund| Category: Equity: ELSS |
| Launch Date: 01-01-2013 |
| Asset Class: Equity |
| Benchmark: NIFTY 500 TRI |
| TER: 1.6% As on (31-03-2024) |
| Status: Open Ended Schemes |
| Minimum Investment: 500.0 |
| Minimum Topup: 500.0 |
| Total Assets: 220.35 Cr As on (31-03-2024) |
| Turn over: 19% | Exit Load: Nil |
86.3425
0.86 (0.9965%)
25.99%
Benchmark: 12.59%
PERFORMANCE
Returns Type:
of :
Start :
End :
Period:
This Scheme
-
vs
NIFTY 50 TRI
-
Gold
-
PPF
-
Returns Type:
of :
Period:
Start :
Period:
Fund Multiplier
Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)
Time Taken To Multiply
2x
4x
5x
10x
FUND
1 Years 4 Months
4 Years 11 Months
8 Years 1 Months
There is no value for 10x
FD
11 years 10 Months
GOLD
8 years 9 Months
NIFTY
5 years 5 Months
Investment Objective
The scheme aims to provide long term capital appreciation by investing in a diversifiedportfolio of equity & equity related instruments of companies across various sectors and industries, with no capitalisation bias.
Current Asset Allocation (%)
Indicators
| Standard Deviation | 13.38 |
| Sharpe Ratio | 1.05 |
| Alpha | 0.83 |
| Beta | 0.98 |
| Yield to Maturity | - |
| Average Maturity | - |
PEER COMPARISON
| Scheme Name | Inception Date |
1 Year Return(%) |
2 Year Return(%) |
3 Year Return(%) |
5 Year Return(%) |
10 Year Return(%) |
|---|---|---|---|---|---|---|
| HSBC Tax Saver Equity Fund - Growth Direct | 01-01-2013 | 54.59 | 28.14 | 29.98 | 25.15 | 25.49 |
| Quant ELSS Tax Saver Fund - Growth Option - Regular Plan | 01-04-2000 | 61.93 | 25.79 | 30.69 | 31.77 | 25.21 |
| Motilal Oswal ELSS Tax Saver Fund - Regular Plan - Growth Option | 05-01-2015 | 60.61 | 31.13 | 26.36 | 20.96 | - |
| SBI Long Term Equity Fund - Regular Plan- Growth | 31-03-1993 | 60.41 | 31.78 | 28.58 | 21.54 | 16.95 |
| BANK OF INDIA ELSS Tax Saver -Regular Plan- Growth | 25-02-2009 | 55.43 | 26.64 | 25.14 | 25.5 | 18.86 |
| ITI ELSS Tax Saver Fund - Regular Plan - Growth Option | 18-10-2019 | 55.33 | 27.95 | 19.48 | - | - |
| JM ELSS Tax Saver Fund (Regular) - Growth option | 31-03-2008 | 49.7 | 24.21 | 23.2 | 20.26 | 17.91 |
| Franklin India ELSS Tax Saver Fund-Growth | 05-04-1999 | 46.52 | 23.2 | 23.8 | 17.88 | 16.39 |
| HDFC ELSS Tax saver - Growth Plan | 05-03-1996 | 46.33 | 26.23 | 27.33 | 17.76 | 15.05 |
| BARODA BNP PARIBAS ELSS Tax Saver Fund - Regular - Growth Option | 01-01-2013 | 44.96 | 20.07 | - | - | - |
Scheme Characteristics
Minimum investment in equity & equity related instruments - 80% of total assets (in accordance with Equity Linked Saving Scheme, 2005 notified by Ministry of Finance).
Riskometer
PORTFOLIO
Market Cap Distribution
Small Cap
24.26%
Others
0.98%
Large Cap
55.1%
Mid Cap
19.66%
