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 |
| TER: 2.47% 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 |
77.0515
0.26 (0.3417%)
12.48%
Benchmark: 12.51%
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
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
| Standard Deviation | 13.38 |
| Sharpe Ratio | 0.96 |
| Alpha | -0.33 |
| 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 | 05-01-2007 | 36.57 | 23.12 | 18.83 | 16.86 | 14.59 |
| SBI Long Term Equity Fund - Regular Plan- Growth | 31-03-1993 | 53.3 | 35.87 | 26.19 | 22.36 | 16.78 |
| Motilal Oswal ELSS Tax Saver Fund - Regular Plan - Growth Option | 05-01-2015 | 52.98 | 35.64 | 24.45 | 21.16 | - |
| Quant ELSS Tax Saver Fund - Growth Option - Regular Plan | 01-04-2000 | 52.84 | 30.92 | 25.3 | 32.35 | 25.07 |
| ITI ELSS Tax Saver Fund - Regular Plan - Growth Option | 18-10-2019 | 50.42 | 32.44 | 18.09 | - | - |
| BANK OF INDIA ELSS Tax Saver -Regular Plan- Growth | 25-02-2009 | 48.72 | 31.72 | 23.17 | 25.9 | 18.71 |
| JM ELSS Tax Saver Fund (Regular) - Growth option | 31-03-2008 | 43.77 | 28.83 | 22.12 | 21.1 | 17.83 |
| HDFC ELSS Tax saver - Growth Plan | 05-03-1996 | 41.61 | 29.42 | 25.58 | 18.48 | 14.96 |
| Franklin India ELSS Tax Saver Fund-Growth | 05-04-1999 | 41.4 | 27.42 | 21.36 | 18.41 | 16.3 |
| Nippon India Tax Saver (ELSS) Fund-Growth Plan-Growth Option | 05-09-2005 | 38.97 | 25.46 | 20.39 | 16.06 | 14.3 |
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%
