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HSBC Tax Saver Equity Fund - Growth

Fund House: HSBC Mutual Fund
Category: Equity: ELSS
Launch Date: 05-01-2007
Asset Class: Equity
Benchmark: NIFTY 500 TRI
Expense Ratio: 2.49% As on (30-06-2022)
Status: Open Ended Schemes
Minimum Investment: 5000.0
Minimum Topup: 1000.0
Total Assets: 190.08 Cr As on (31-07-2022)
Turn over: 32% | Exit Load: Nil
NAV as on 16-08-2022

56.9852

0.46 (0.8099%)

CAGR Since Inception

11.78%

NIFTY 500 TRI 16.65%

PERFORMANCE

Returns Type:
of  : 
Start :  
End : 
Period:  
This Scheme
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vs
NIFTY 500 TRI
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Gold
-
PPF
-
Returns Type:
of  : 
  Period:  

Start :  
Period:  

RETURNS ANALYSIS

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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
14 Years 5 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

Volatility 14.91
Sharp Ratio 0.39
Alpha -2.65
Beta 1.0
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 7.94 28.4 17.83 9.76 14.71
HDFC Taxsaver - Growth Plan 05-03-1996 15.77 30.63 18.11 9.57 13.86
Quant Tax Plan - Growth Option - Regular Plan 01-04-2000 13.85 47.08 38.58 21.67 20.81
Parag Parikh Tax Saver Fund- Regular Growth 08-07-2019 13.01 28.59 24.18 - -
IDFC Tax Advantage (ELSS) Fund - Regular Plan - Growth 26-12-2008 11.09 38.2 24.74 13.84 17.68
Sundaram Tax Savings Fund (Formerly Known as Principal Tax Savings Fund) Regular Growth 02-01-2013 10.84 30.27 20.61 11.89 16.67
Tata India Tax Savings Fund-Growth-Regular Plan 13-10-2014 10.51 28.47 18.52 12.08 -
Sundaram Diversified Equity (ELSS) Regular Plan - Growth 10-05-2005 10.14 29.24 17.89 9.23 13.57
Nippon India Tax Saver (ELSS) Fund-Growth Plan-Growth Option 05-09-2005 9.72 33.43 18.32 5.74 13.84
SBI Long Term Equity Fund - Regular Plan- Growth 31-03-1993 9.38 27.18 19.94 10.98 14.23

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

11.35%

Others

3.95%

Large Cap

71.82%

Mid Cap

12.88%

Scheme Documents

June 2022

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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