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
0.08 (0.2635%)
8.23%
S&P BSE 200 TRI 8.61%
PERFORMANCE
Fund Multiplier
Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)
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
PORTFOLIO
Market Cap Distribution
Small Cap
9.88%
Others
2.38%
Large Cap
69.77%
Mid Cap
17.97%
Scheme Documents
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
