Dezerv

Fund Overview

Fund Size

Fund Size

₹4,129 Cr

Expense Ratio

Expense Ratio

1.14%

ISIN

ISIN

INF917K01GP0

Minimum SIP

Minimum SIP

₹500

Exit Load

Exit Load

No Charges

Inception Date

Inception Date

01 Jan 2013

About this fund

HSBC ELSS Fund Direct Growth is a ELSS (Tax Savings) mutual fund schemes offered by HSBC Mutual Fund. This fund has been in existence for 12 years, 5 months and 18 days, having been launched on 01-Jan-13.
As of 18-Jun-25, it has a Net Asset Value (NAV) of ₹145.10, Assets Under Management (AUM) of 4129.03 Crores, and an expense ratio of 1.14%.
  • HSBC ELSS Fund Direct Growth has given a CAGR return of 15.67% since inception.
  • The fund's asset allocation comprises around 99.22% in equities, 0.00% in debts, and 0.78% in cash & cash equivalents.
  • You can start investing in HSBC ELSS Fund Direct Growth with a SIP of ₹500 or a Lumpsum investment of ₹500.

Performance against Category Average

In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.

1 Year

+5.11%

+3.80% (Cat Avg.)

3 Years

+26.59%

+22.68% (Cat Avg.)

5 Years

+24.51%

+24.09% (Cat Avg.)

10 Years

+14.51%

+14.51% (Cat Avg.)

Since Inception

+15.67%

(Cat Avg.)

Portfolio Summaryas of 31st May 2025

Equity4,096.94 Cr99.22%
Others32.09 Cr0.78%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
HDFC Bank LtdEquity226.09 Cr5.48%
ICICI Bank LtdEquity167.06 Cr4.05%
Reliance Industries LtdEquity135.24 Cr3.28%
Infosys LtdEquity121.09 Cr2.93%
Larsen & Toubro LtdEquity110.79 Cr2.68%
Bharti Airtel LtdEquity86.68 Cr2.10%
Shriram Finance LtdEquity82.57 Cr2.00%
State Bank of IndiaEquity79.97 Cr1.94%
Eternal LtdEquity75.07 Cr1.82%
Persistent Systems LtdEquity74.99 Cr1.82%
BSE LtdEquity73.4 Cr1.78%
Amber Enterprises India Ltd Ordinary SharesEquity70.69 Cr1.71%
Bharat Electronics LtdEquity69.7 Cr1.69%
Max Healthcare Institute Ltd Ordinary SharesEquity69.22 Cr1.68%
Schaeffler India LtdEquity63.96 Cr1.55%
Pearl Global Industries LtdEquity63.05 Cr1.53%
KPIT Technologies LtdEquity62.77 Cr1.52%
Jindal Steel & Power LtdEquity61.37 Cr1.49%
Kaynes Technology India LtdEquity59.63 Cr1.44%
Cholamandalam Investment and Finance Co LtdEquity59.57 Cr1.44%
Trent LtdEquity59.43 Cr1.44%
Axis Bank LtdEquity59.12 Cr1.43%
Power Finance Corp LtdEquity59.02 Cr1.43%
Balrampur Chini Mills LtdEquity58.28 Cr1.41%
Transformers & Rectifiers (India) LtdEquity57 Cr1.38%
Nippon Life India Asset Management Ltd Ordinary SharesEquity54.56 Cr1.32%
Avalon Technologies LtdEquity54.27 Cr1.31%
Indian Hotels Co LtdEquity54.24 Cr1.31%
Sun Pharmaceuticals Industries LtdEquity53.27 Cr1.29%
Lemon Tree Hotels LtdEquity53.01 Cr1.28%
NTPC LtdEquity51.16 Cr1.24%
TVS Motor Co LtdEquity50.75 Cr1.23%
Safari Industries (India) LtdEquity48.87 Cr1.18%
Engineers India LtdEquity48.75 Cr1.18%
Karur Vysya Bank LtdEquity47.9 Cr1.16%
Hindustan Aeronautics Ltd Ordinary SharesEquity47.75 Cr1.16%
Mahindra & Mahindra LtdEquity47.6 Cr1.15%
GE Vernova T&D India LtdEquity47.07 Cr1.14%
PNB Housing Finance LtdEquity45.94 Cr1.11%
Bikaji Foods International LtdEquity45.79 Cr1.11%
Bharat Heavy Electricals LtdEquity44.83 Cr1.09%
UltraTech Cement LtdEquity44.17 Cr1.07%
Vinati Organics LtdEquity43.12 Cr1.04%
Tech Mahindra LtdEquity42.34 Cr1.03%
Oil & Natural Gas Corp LtdEquity41.98 Cr1.02%
CG Power & Industrial Solutions LtdEquity40.88 Cr0.99%
Indian BankEquity40.05 Cr0.97%
Jindal Saw LtdEquity40.01 Cr0.97%
Triveni Turbine LtdEquity39.45 Cr0.96%
Zensar Technologies LtdEquity39.1 Cr0.95%
Bajaj Auto LtdEquity38.3 Cr0.93%
Varroc Engineering Ltd Ordinary SharesEquity38.1 Cr0.92%
JSW Energy LtdEquity37.8 Cr0.92%
TrepsCash - Repurchase Agreement37.63 Cr0.91%
Gujarat State Petronet LtdEquity36.58 Cr0.89%
Lupin LtdEquity36.45 Cr0.88%
Dabur India LtdEquity34.58 Cr0.84%
Thangamayil Jewellery LtdEquity33.77 Cr0.82%
Godrej Properties LtdEquity32.54 Cr0.79%
Suzlon Energy LtdEquity30.39 Cr0.74%
IIFL Finance LtdEquity29.68 Cr0.72%
Exide Industries LtdEquity28.78 Cr0.70%
Mankind Pharma LtdEquity28.43 Cr0.69%
Sobha LtdEquity28.37 Cr0.69%
ABB India LtdEquity27.5 Cr0.67%
Century Plyboards (India) LtdEquity26.21 Cr0.63%
KEI Industries LtdEquity26.07 Cr0.63%
Syngene International LtdEquity25.8 Cr0.62%
Craftsman Automation LtdEquity24.86 Cr0.60%
LTIMindtree LtdEquity24.84 Cr0.60%
Blue Star LtdEquity24.55 Cr0.59%
UNO Minda LtdEquity23.88 Cr0.58%
Polycab India LtdEquity22.05 Cr0.53%
Epigral LtdEquity21.65 Cr0.52%
Swiggy LtdEquity19.77 Cr0.48%
Karnataka Bank LtdEquity19.35 Cr0.47%
Sterling and Wilson Renewable Energy LtdEquity18.74 Cr0.45%
DOMS Industries LtdEquity16.4 Cr0.40%
Siemens LtdEquity16.33 Cr0.40%
Cello World LtdEquity15.92 Cr0.39%
Jio Financial Services LtdEquity12.95 Cr0.31%
Vishal Mega Mart LtdEquity12.54 Cr0.30%
Siemens Engy IndEquity11.15 Cr0.27%
Net Current Assets (Including Cash & Bank Balances)Cash-5.53 Cr0.13%

Allocation By Market Cap (Equity)

Large Cap Stocks

49.54%

Mid Cap Stocks

23.63%

Small Cap Stocks

25.79%

Other Allocation

Equity Sector

Debt & Others

SectorAmount sortHoldings sort
Financial Services1,057.23 Cr25.60%
Consumer Cyclical822.6 Cr19.92%
Industrials729.12 Cr17.66%
Technology438.13 Cr10.61%
Basic Materials236.53 Cr5.73%
Healthcare213.17 Cr5.16%
Energy177.22 Cr4.29%
Consumer Defensive138.65 Cr3.36%
Utilities125.53 Cr3.04%
Communication Services86.68 Cr2.10%
Real Estate60.91 Cr1.48%

Risk & Performance Ratios

Standard Deviation

This fund

15.42%

Cat. avg.

14.22%

Lower the better

Sharpe Ratio

This fund

0.98

Cat. avg.

0.86

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

1.44

Higher the better

Fund Managers

SG

Sonal Gupta

Since July 2021

AG

Abhishek Gupta

Since March 2024

Additional Scheme Detailsas of 31st May 2025

ISIN
INF917K01GP0
Expense Ratio
1.14%
Exit Load
No Charges
Fund Size
₹4,129 Cr
Age
12 years 5 months
Lumpsum Minimum
₹500
Fund Status
Open Ended Investment Company
Benchmark
Nifty 500 TR INR

Investment ObjectiveInvestment Objective

To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.

Tax Treatment

Capital Gains Taxation:

  • If units are sold after 1 year from the date of investment: Gains up to INR 1.25 lakh in a financial year are exempt from tax. Any gains exceeding INR 1.25 lakh are taxed at a rate of 12.5%.
  • If units are sold within 1 year from the date of investment: The entire amount of gain is taxed at a rate of 20%.
  • Holding the units: No tax is applicable as long as you continue to hold the units.

Dividend Taxation:

Dividends are added to the investor’s income and taxed according to their respective tax slabs. Additionally, if an investors dividend income exceeds INR 5,000 in a financial year, the fund house deducts a 10% Tax Deducted at Source (TDS) before distributing the dividend.

Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.

Similar ELSS (Tax Savings) Funds

Fund nameExpense RatioExit LoadFund size
1Y
Bajaj Finserv ELSS Tax Saver Fund Regular Growth

Low Risk

2.3%0.0%₹55.57 Cr-
Bajaj Finserv ELSS Tax Saver Fund Direct Growth

Low Risk

0.5%0.0%₹55.57 Cr-
Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund Direct Growth

Very High Risk

0.3%0.0%₹202.42 Cr3.9%
Sundaram Long Term Tax Advantage Fund Series I Regular Growth

High Risk

1.4%0.0%₹19.18 Cr8.0%
Bank of India Midcap Tax Fund Series 1 Direct Growth

Very High Risk

-0.0%₹58.23 Cr-2.2%
SBI Long Term Advantage Fund Series II Regular Growth

Very High Risk

-0.0%₹34.17 Cr6.4%
SBI Long Term Advantage Fund Series II Direct Growth

Very High Risk

-0.0%₹34.17 Cr6.8%
Bank of India Midcap Tax Fund Series 1 Regular Growth

Very High Risk

-0.0%₹58.23 Cr-2.4%
Sundaram Long Term Tax Advantage Fund Series I Direct Growth

High Risk

1.4%0.0%₹19.18 Cr8.1%
Sundaram Long Term Micro Cap Tax Advantage Fund Series V Regular Growth

Very High Risk

1.4%0.0%₹30.17 Cr1.5%

About the AMC

Total AUM

₹1,22,950 Cr

Address

16, V N Road, Mumbai, 400 001

Other Funds by HSBC Mutual Fund

Fund nameExpense RatioExit LoadFund size
1Y
HSBC Consumption Fund Direct Growth

Very High Risk

0.8%1.0%₹1517.05 Cr5.6%
HSBC Balanced Advantage Fund Direct Growth

Moderately High risk

0.8%1.0%₹1526.26 Cr7.9%
HSBC Infrastructure Fund Direct Growth

Very High Risk

1.0%1.0%₹2390.92 Cr-7.0%
HSBC Aggressive Hybrid Fund Direct Growth

Very High Risk

0.8%1.0%₹5396.34 Cr3.0%
HSBC Value Fund Direct Growth

Very High Risk

0.8%1.0%₹13325.48 Cr3.2%
HSBC Credit Risk Fund Direct Growth

Moderately High risk

1.0%3.0%₹657.46 Cr22.6%
HSBC Banking & PSU Debt Direct Growth

Moderate Risk

0.2%0.0%₹4294.57 Cr9.3%
HSBC Midcap Fund Direct Growth

Very High Risk

0.7%1.0%₹11469.74 Cr3.5%
HSBC ELSS Fund Direct Growth

Very High Risk

1.1%0.0%₹4129.03 Cr5.1%
HSBC Equity Savings Fund Direct Growth

Moderate Risk

0.7%0.0%₹654.98 Cr3.9%
HSBC Low Duration Fund Direct Growth

Low to Moderate Risk

0.4%0.0%₹579.95 Cr9.9%
HSBC Short Duration Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹3928.37 Cr9.9%
HSBC Corporate Bond Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹5894.57 Cr10.0%
HSBC Dynamic Bond Fund Direct Growth

Moderate Risk

0.2%0.0%₹185.12 Cr9.6%
HSBC Money Market Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹3247.48 Cr8.2%
HSBC Gilt Fund Direct Growth

Moderate Risk

0.5%0.0%₹295.44 Cr8.6%
HSBC Medium Duration Direct Growth

Moderate Risk

0.4%0.0%₹647.81 Cr10.3%
HSBC Focused Fund Direct Growth

Very High Risk

0.9%1.0%₹1666.27 Cr5.6%
HSBC Business Cycles Fund Direct Growth

Very High Risk

1.1%1.0%₹1077.95 Cr5.7%
HSBC Overnight Fund Direct Growth

Low Risk

0.1%0.0%₹2601.90 Cr6.5%
HSBC Conservative Hybrid Fund Direct Growth

Moderately High risk

1.3%0.0%₹160.05 Cr8.0%
HSBC Large Cap Fund Direct Growth

Very High Risk

1.3%1.0%₹1826.09 Cr3.0%
HSBC Global Emerging Markets Fund Direct Growth

Very High Risk

1.1%1.0%₹54.37 Cr13.7%
HSBC Brazil Fund Direct Growth

Very High Risk

1.0%1.0%₹75.65 Cr15.2%
HSBC Medium to Long Duration Fund Direct Growth

Moderate Risk

0.7%0.0%₹50.69 Cr9.7%
HSBC Liquid Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹25743.22 Cr7.3%
HSBC Flexi Cap Fund Direct Growth

Very High Risk

1.2%1.0%₹4940.27 Cr5.0%
HSBC Tax Saver Equity Fund Direct Growth

Very High Risk

1.8%0.0%₹244.42 Cr11.8%
HSBC Ultra Short Duration Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹2735.55 Cr7.9%
HSBC CRISIL IBX 50:50 Gilt Plus SDL Apr 2028 Index Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹1926.12 Cr10.0%
HSBC Small Cap Fund Direct Growth

Very High Risk

0.6%1.0%₹16061.21 Cr-1.9%
HSBC Global Equity Climate Change Fund of Fund Direct Growth

Very High Risk

0.8%1.0%₹57.26 Cr7.2%
HSBC Managed Solutions India Conservative Direct Growth

Low to Moderate Risk

0.1%0.0%₹352.32 Cr7.8%
HSBC Managed Solutions India Moderate Direct Growth

Very High Risk

0.1%1.0%₹59.09 Cr8.9%
HSBC Managed Solutions India Growth Direct Growth

Very High Risk

0.1%1.0%₹40.53 Cr5.6%
HSBC CRISIL IBX Gilt June 2027 Index Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹198.54 Cr9.2%
HSBC Arbitrage Fund Direct Growth

Low Risk

0.2%0.0%₹2272.06 Cr7.5%
HSBC Nifty Next 50 Index Fund Direct Growth

Very High Risk

0.3%1.0%₹133.40 Cr-7.7%
HSBC Nifty 50 Index Fund Direct Growth

Very High Risk

0.2%1.0%₹340.08 Cr6.2%
HSBC Large & Mid Cap Fund Direct Growth

Very High Risk

0.8%1.0%₹4173.37 Cr0.3%
HSBC Multi Cap Fund Direct Growth

Very High Risk

0.6%1.0%₹4757.28 Cr2.5%
HSBC Asia Pacific (Ex Japan) Dividend Yield Fund Direct Growth

Very High Risk

1.0%1.0%₹12.54 Cr17.6%

Risk Level

Your principal amount will be at Very High Risk

Very High Risk
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The NAV of HSBC ELSS Fund Direct Growth, as of 18-Jun-2025, is ₹145.10.
The fund has generated 5.11% over the last 1 year and 26.59% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
The fund's allocation of assets is distributed as 99.22% in equities, 0.00% in bonds, and 0.78% in cash and cash equivalents.
The fund managers responsible for HSBC ELSS Fund Direct Growth are:-
  1. Sonal Gupta
  2. Abhishek Gupta