Dezerv

Fund Overview

Fund Size

Fund Size

₹3,950 Cr

Expense Ratio

Expense Ratio

1.09%

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 11 years, 5 months and 20 days, having been launched on 01-Jan-13.
As of 20-Jun-24, it has a Net Asset Value (NAV) of ₹137.38, Assets Under Management (AUM) of 3949.85 Crores, and an expense ratio of 1.09%.
  • HSBC ELSS Fund Direct Growth has given a CAGR return of 16.58% since inception.
  • The fund's asset allocation comprises around 99.25% in equities, 0.00% in debts, and 0.75% 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

+46.84%

+39.05% (Cat Avg.)

3 Years

+21.56%

+19.94% (Cat Avg.)

5 Years

+19.53%

+19.53% (Cat Avg.)

10 Years

+15.97%

+15.56% (Cat Avg.)

Since Inception

+16.58%

(Cat Avg.)

Portfolio Summaryas of 31st May 2024

Equity3,920.14 Cr99.25%
Others29.71 Cr0.75%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
HDFC Bank LtdEquity178.04 Cr4.51%
Reliance Industries LtdEquity153.8 Cr3.89%
Larsen & Toubro LtdEquity134.08 Cr3.39%
ICICI Bank LtdEquity129.54 Cr3.28%
CG Power & Industrial Solutions LtdEquity93.26 Cr2.36%
KPIT Technologies LtdEquity88.8 Cr2.25%
Infosys LtdEquity87.52 Cr2.22%
Power Finance Corp LtdEquity81.74 Cr2.07%
Trent LtdEquity81.07 Cr2.05%
Persistent Systems LtdEquity79.77 Cr2.02%
Blue Star LtdEquity78.66 Cr1.99%
Cholamandalam Investment and Finance Co LtdEquity75.96 Cr1.92%
JSW Energy LtdEquity71.85 Cr1.82%
Bharat Electronics LtdEquity71.52 Cr1.81%
State Bank of IndiaEquity71.24 Cr1.80%
Hindustan Aeronautics Ltd Ordinary SharesEquity69.69 Cr1.76%
KEI Industries LtdEquity68.75 Cr1.74%
Jindal Steel & Power LtdEquity66.5 Cr1.68%
Bharti Airtel LtdEquity64.11 Cr1.62%
NTPC LtdEquity63.24 Cr1.60%
Zomato LtdEquity62.59 Cr1.58%
Siemens LtdEquity61.11 Cr1.55%
Shriram Finance LtdEquity60.81 Cr1.54%
Triveni Turbine LtdEquity60.11 Cr1.52%
Jindal Saw LtdEquity58.89 Cr1.49%
Axis Bank LtdEquity57.63 Cr1.46%
Transformers & Rectifiers (India) LtdEquity55.37 Cr1.40%
Engineers India LtdEquity52.76 Cr1.34%
Hindustan Petroleum Corp LtdEquity46.7 Cr1.18%
DLF LtdEquity46.35 Cr1.17%
Max Healthcare Institute Ltd Ordinary SharesEquity46.25 Cr1.17%
Schaeffler India LtdEquity45.04 Cr1.14%
Indian Hotels Co LtdEquity44.98 Cr1.14%
Nippon Life India Asset Management Ltd Ordinary SharesEquity44.05 Cr1.12%
Cello World LtdEquity43.6 Cr1.10%
Karur Vysya Bank LtdEquity42.59 Cr1.08%
Kaynes Technology India LtdEquity41.92 Cr1.06%
Bharat Heavy Electricals LtdEquity41.2 Cr1.04%
Titan Co LtdEquity40.61 Cr1.03%
Godrej Properties LtdEquity40.29 Cr1.02%
Mahindra & Mahindra LtdEquity40.07 Cr1.01%
ABB India LtdEquity38.3 Cr0.97%
Tata Motors LtdEquity37.75 Cr0.96%
Sobha LtdEquity37.62 Cr0.95%
Varroc Engineering Ltd Ordinary SharesEquity37.55 Cr0.95%
Sun Pharmaceuticals Industries LtdEquity37.34 Cr0.95%
Safari Industries (India) LtdEquity37.06 Cr0.94%
Indian BankEquity36.86 Cr0.93%
Bikaji Foods International LtdEquity35.53 Cr0.90%
360 One Wam Ltd Ordinary SharesEquity35.48 Cr0.90%
Mankind Pharma LtdEquity34.58 Cr0.88%
Sterling and Wilson Renewable Energy LtdEquity34.39 Cr0.87%
Dabur India LtdEquity30.77 Cr0.78%
TVS Motor Co LtdEquity30.14 Cr0.76%
Oil & Natural Gas Corp LtdEquity30.06 Cr0.76%
Karnataka Bank LtdEquity29.65 Cr0.75%
Lemon Tree Hotels LtdEquity29.64 Cr0.75%
Lupin LtdEquity29.47 Cr0.75%
TrepsCash - Repurchase Agreement29.43 Cr0.75%
Jindal Stainless LtdEquity28.8 Cr0.73%
Escorts Kubota LtdEquity28.14 Cr0.71%
Exide Industries LtdEquity27.73 Cr0.70%
UltraTech Cement LtdEquity27.57 Cr0.70%
Amber Enterprises India Ltd Ordinary SharesEquity26.88 Cr0.68%
UNO Minda LtdEquity26.72 Cr0.68%
Balrampur Chini Mills LtdEquity25.94 Cr0.66%
Vinati Organics LtdEquity24.83 Cr0.63%
Polycab India LtdEquity24.81 Cr0.63%
Bajaj Auto LtdEquity22.31 Cr0.56%
Tech Mahindra LtdEquity21.99 Cr0.56%
Century Plyboards (India) LtdEquity21.88 Cr0.55%
Zensar Technologies LtdEquity21.29 Cr0.54%
Suzlon Energy LtdEquity20.26 Cr0.51%
IIFL Finance LtdEquity20.03 Cr0.51%
Avalon Technologies LtdEquity20.01 Cr0.51%
Craftsman Automation LtdEquity18.77 Cr0.48%
Syngene International LtdEquity18.09 Cr0.46%
NHPC LtdEquity16.11 Cr0.41%
Jio Financial Services LtdEquity15.55 Cr0.39%
DOMS Industries LtdEquity12.9 Cr0.33%
Concord Biotech LtdEquity9.93 Cr0.25%
Can Fin Homes LtdEquity7.07 Cr0.18%
Gland Pharma LtdEquity6.31 Cr0.16%
Mahindra Holidays & Resorts India LtdEquity1.96 Cr0.05%
Net Current Assets (Including Cash & Bank Balances)Cash0.28 Cr0.01%

Allocation By Market Cap (Equity)

Large Cap Stocks

51.86%

Mid Cap Stocks

24.55%

Small Cap Stocks

22.84%

Other Allocation

Equity Sector

Debt & Others

SectorAmount sortHoldings sort
Industrials952.84 Cr24.12%
Financial Services886.25 Cr22.44%
Consumer Cyclical654.48 Cr16.57%
Technology353.78 Cr8.96%
Energy230.55 Cr5.84%
Basic Materials228.47 Cr5.78%
Healthcare181.96 Cr4.61%
Utilities151.2 Cr3.83%
Real Estate124.26 Cr3.15%
Consumer Defensive92.24 Cr2.34%
Communication Services64.11 Cr1.62%

Risk & Performance Ratios

Standard Deviation

This fund

12.98%

Cat. avg.

12.52%

Lower the better

Sharpe Ratio

This fund

1.03

Cat. avg.

0.97

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

1.80

Higher the better

Fund Managers

GB

Gautam Bhupal

Since November 2022

SG

Sonal Gupta

Since July 2021

AG

Abhishek Gupta

Since March 2024

Additional Scheme Detailsas of 31st May 2024

ISININF917K01GP0Expense Ratio1.09%Exit LoadNo ChargesFund Size₹3,950 CrAge01 Jan 2013Lumpsum Minimum₹500Fund StatusOpen Ended Investment CompanyBenchmarkNifty 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

Withdrawal within 1 year

Flat 15% tax on realised gains (STCG - short term capital gains)

Withdrawal after 1 year

10% tax on realised gains above Rs. 1 lakh per financial year (LTCG - long term capital gains)

Note: Mutual funds are subject to capital gains taxation with surcharge and cess, based on prevailing income tax rules and investor income. Taxation applies 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
Tata India Tax Savings Fund Direct Growth

Very High Risk

0.7%0.0%₹4199.87 Cr37.7%
Tata India Tax Savings Fund Regular Growth

Very High Risk

1.8%0.0%₹4199.87 Cr36.1%
Axis Long Term Equity Fund Regular Growth

Very High Risk

1.5%0.0%₹34895.64 Cr27.5%
Parag Parikh Tax Saver Fund Direct Growth

Very High Risk

0.6%0.0%₹3454.03 Cr34.8%
Parag Parikh Tax Saver Fund Regular Growth

Very High Risk

1.7%0.0%₹3454.03 Cr33.3%
Shriram Long Term Equity Fund Direct Growth

Very High Risk

0.8%0.0%₹51.18 Cr43.4%
Shriram Long Term Equity Fund Regular Growth

Very High Risk

2.3%0.0%₹51.18 Cr41.0%
ITI Long Term Equity Fund Direct Growth

Very High Risk

0.5%0.0%₹337.77 Cr58.7%
ITI Long Term Equity Fund Regular Growth

Very High Risk

2.3%0.0%₹337.77 Cr55.9%
Sundaram Diversified Equity Regular Growth

Very High Risk

2.2%0.0%₹1577.96 Cr28.2%

About the AMC

Total AUM

₹1,13,962 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%₹1231.89 Cr-
HSBC Balanced Advantage Fund Direct Growth

High Risk

0.8%1.0%₹1389.98 Cr23.9%
HSBC Infrastructure Fund Direct Growth

Very High Risk

1.0%1.0%₹2620.55 Cr69.7%
HSBC Aggressive Hybrid Fund Direct Growth

Very High Risk

0.8%1.0%₹5441.86 Cr35.3%
HSBC Value Fund Direct Growth

Very High Risk

0.8%1.0%₹12373.16 Cr62.1%
HSBC Credit Risk Fund Direct Growth

Moderately High risk

0.9%3.0%₹576.00 Cr7.4%
HSBC Banking & PSU Debt Direct Growth

Low to Moderate Risk

0.2%0.0%₹4731.55 Cr6.8%
HSBC Midcap Fund Direct Growth

Very High Risk

0.7%1.0%₹10583.54 Cr64.4%
HSBC ELSS Fund Direct Growth

Very High Risk

1.1%0.0%₹3949.85 Cr46.8%
HSBC Equity Savings Fund Direct Growth

Moderately High risk

0.6%0.0%₹292.11 Cr26.2%
HSBC Low Duration Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹421.90 Cr7.7%
HSBC Short Duration Fund Direct Growth

Moderate Risk

0.3%0.0%₹3833.84 Cr7.0%
HSBC Corporate Bond Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹5965.27 Cr6.7%
HSBC Dynamic Bond Fund Direct Growth

Moderate Risk

0.2%0.0%₹160.56 Cr8.0%
HSBC Money Market Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹1419.86 Cr7.4%
HSBC Gilt Fund Direct Growth

Moderate Risk

0.5%0.0%₹199.45 Cr8.3%
HSBC Medium Duration Direct Growth

Moderate Risk

0.4%0.0%₹809.40 Cr7.8%
HSBC Focused Fund Direct Growth

Very High Risk

0.9%1.0%₹1595.84 Cr37.9%
HSBC Business Cycles Fund Direct Growth

Very High Risk

1.3%1.0%₹856.13 Cr53.6%
HSBC Overnight Fund Direct Growth

Low Risk

0.1%0.0%₹2585.96 Cr6.8%
HSBC Conservative Hybrid Fund Direct Growth

Moderately High risk

1.3%0.0%₹107.53 Cr17.5%
HSBC Large Cap Fund Direct Growth

Very High Risk

1.2%1.0%₹1759.39 Cr34.6%
HSBC Global Emerging Markets Fund Direct Growth

Very High Risk

1.6%1.0%₹32.43 Cr10.9%
HSBC Brazil Fund Direct Growth

Very High Risk

1.9%1.0%₹39.19 Cr-14.1%
HSBC Medium to Long Duration Fund Direct Growth

Moderate Risk

0.7%0.0%₹45.99 Cr7.3%
HSBC Liquid Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹18999.32 Cr7.4%
HSBC Flexi Cap Fund Direct Growth

Very High Risk

1.2%1.0%₹4399.08 Cr48.6%
HSBC Tax Saver Equity Fund Direct Growth

Very High Risk

1.6%0.0%₹220.35 Cr43.2%
HSBC Ultra Short Duration Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹2269.17 Cr7.4%
HSBC CRISIL IBX 50:50 Gilt Plus SDL Apr 2028 Index Fund Direct Growth

Moderate Risk

0.2%0.0%₹1895.90 Cr7.1%
HSBC Small Cap Fund Direct Growth

Very High Risk

0.7%1.0%₹14787.25 Cr55.2%
HSBC Global Equity Climate Change Fund of Fund Direct Growth

Very High Risk

1.4%1.0%₹122.02 Cr7.6%
HSBC Managed Solutions India Conservative Direct Growth

Moderately High risk

0.5%1.0%₹27.38 Cr9.8%
HSBC Managed Solutions India Moderate Direct Growth

High Risk

0.9%1.0%₹57.34 Cr27.5%
HSBC Managed Solutions India Growth Direct Growth

Very High Risk

1.0%1.0%₹40.59 Cr32.6%
HSBC CRISIL IBX Gilt June 2027 Index Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹227.78 Cr7.0%
HSBC Arbitrage Fund Direct Growth

Low Risk

0.3%0.0%₹2274.14 Cr8.5%
HSBC Nifty Next 50 Index Fund Direct Growth

Very High Risk

0.3%1.0%₹116.82 Cr63.1%
HSBC Nifty 50 Index Fund Direct Growth

Very High Risk

0.2%1.0%₹249.71 Cr26.5%
HSBC Large & Mid Cap Fund Direct Growth

Very High Risk

0.9%1.0%₹2768.75 Cr51.5%
HSBC Multi Cap Fund Direct Growth

Very High Risk

0.6%1.0%₹3109.33 Cr61.6%
HSBC Asia Pacific (Ex Japan) Dividend Yield Fund Direct Growth

Very High Risk

1.6%1.0%₹6.31 Cr14.8%

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 20-Jun-2024, is ₹137.38.
The fund has generated 46.84% over the last 1 year and 21.56% 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 99.25% in equities, 0.00% in bonds, and 0.75% in cash and cash equivalents.
The fund managers responsible for HSBC ELSS Fund Direct Growth are:-
  1. Gautam Bhupal
  2. Sonal Gupta
  3. Abhishek Gupta