HSBC Tax Saver Equity Fund - Growth

Category: Equity: ELSS
Launch Date: 05-01-2007
Asset Class: Equity
Benchmark: S&P BSE 200 TRI
Expense Ratio: 2.55% As on (29-02-2020)
Status: Open Ended Schemes
Minimum Investment: 5000.0
Minimum Topup: 1000.0
Total Assets: 149.76 Cr As on (29-02-2020)
Turn over: 58% | Exit Load: Nil

28.5355

8.23%

PERFORMANCE

Returns Type:
of  
Start :  
End : 
Period:  
This Scheme
-
vs
S&P BSE 200 TRI
-
Gold
-
PPF
-
Returns Type:
of  
  Period:  

Start :  
Period:  

RETURNS ANALYSIS

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
7 Years 4 Months
11 Years 0 Months
There is no value for 5x
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

Volatility 14.91
Sharp Ratio 0.87
Alpha 1.21
Beta 1.11
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 05-01-2007 -23.53 -12.84 -4.99 0.8 7.35
Parag Parikh Tax Saver Fund- Regular Growth 18-07-2019 - - - - -
ITI Long Term Equity Fund - Regular Plan - Growth Option 18-10-2019 - - - - -
BOI AXA Tax Advantage Fund-Regular Plan- Growth 25-02-2009 -6.45 -9.25 3.1 3.41 7.05
Axis Long Term Equity Fund - Regular Plan - Growth 29-12-2009 -12.15 -3.81 3.6 3.9 13.41
BNP Paribas Long Term Equity Fund - Growth Option 05-01-2006 -13.05 -6.18 -0.11 0.91 9.43
Shriram Long Term Equity Fund - Regular Growth 18-01-2019 -13.19 - - - -
Canara Robeco Equity Taxsaver Fund - Regular Plan - Growth 31-03-1993 -13.21 -2.65 3.03 2.97 8.95
IDBI Equity Advantage Fund - Growth Regular 10-09-2013 -16.01 -9.45 -1.45 0.83 -
Invesco India Tax Plan - Growth 29-12-2006 -17.99 -7.56 0.18 2.57 10.11

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

riskometer

PORTFOLIO

Market Cap Distribution

Small Cap

9.88%

Others

2.38%

Large Cap

69.77%

Mid Cap

17.97%

Scheme Documents

January 2020

Tax Benefits of investing in this fund

Long term capital gains (LTCG) tax @10% (plus surcharge, if applicable and cess) without indexation if units held for more than 12 months#

Short term capital gains (STCG) tax @ 15% (plus surcharge, if applicable and cess) if units are held for less than 12 months.

Investor does not pay any tax on dividends but a Dividend Distribution Tax (DDT) is deducted at source @11.648% (10% + 12% surcharge + 4% Health & education cess) **

# Capital gain accrued up to January 31st 2018 is exempt from LTCG tax in respect of units acquired before January 31, 2018 & redeemed on or after April 1, 2018. ** The DDT is to be paid by the mutual fund

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