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Fund Overview

Fund Size

Fund Size

₹4,115 Cr

Expense Ratio

Expense Ratio

1.21%

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 13 years, 7 months and 27 days, having been launched on 01-Jan-13.
As of 27-Aug-26, it has a Net Asset Value (NAV) of ₹158.63, Assets Under Management (AUM) of 4114.68 Crores, and an expense ratio of 1.21%.
  • HSBC ELSS Fund Direct Growth has given a CAGR return of 14.96% since inception.
  • The fund's asset allocation comprises around 98.39% in equities, 0.00% in debts, and 1.61% 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

+9.99%

+3.71% (Cat Avg.)

3 Years

+18.27%

+12.84% (Cat Avg.)

5 Years

+14.51%

+12.15% (Cat Avg.)

10 Years

+14.20%

+13.44% (Cat Avg.)

Since Inception

+14.96%

(Cat Avg.)

Portfolio Summaryas of 31st July 2026

Equity4,048.6 Cr98.39%
Others66.08 Cr1.61%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
ICICI Bank LtdEquity165.86 Cr4.03%
Avalon Technologies LtdEquity141.07 Cr3.43%
HDFC Bank LtdEquity139.92 Cr3.40%
Reliance Industries LtdEquity124.48 Cr3.03%
Shriram Finance LtdEquity109.51 Cr2.66%
Eternal LtdEquity95.27 Cr2.32%
Bharti Airtel LtdEquity92.09 Cr2.24%
Larsen & Toubro LtdEquity91.79 Cr2.23%
GE Vernova T&D India LtdEquity90.79 Cr2.21%
Pearl Global Industries LtdEquity89.42 Cr2.17%
Karur Vysya Bank LtdEquity88.79 Cr2.16%
Infosys LtdEquity80.97 Cr1.97%
Thangamayil Jewellery LtdEquity80.59 Cr1.96%
TVS Motor Co LtdEquity78.71 Cr1.91%
State Bank of IndiaEquity77.8 Cr1.89%
PNB Housing Finance LtdEquity76.06 Cr1.85%
Axis Bank LtdEquity73.38 Cr1.78%
Jindal Steel LtdEquity71.3 Cr1.73%
Schaeffler India LtdEquity68.68 Cr1.67%
Max Healthcare Institute Ltd Ordinary SharesEquity67.57 Cr1.64%
Bharat Heavy Electricals LtdEquity67.02 Cr1.63%
TrepsCash - Repurchase Agreement64.74 Cr1.57%
Sun Pharmaceuticals Industries LtdEquity63.21 Cr1.54%
Amber Enterprises India Ltd Ordinary SharesEquity59.74 Cr1.45%
Balrampur Chini Mills LtdEquity57.88 Cr1.41%
Craftsman Automation LtdEquity56.7 Cr1.38%
Cholamandalam Investment and Finance Co LtdEquity55.63 Cr1.35%
Nippon Life India Asset Management Ltd Ordinary SharesEquity55.09 Cr1.34%
Indian Hotels Co LtdEquity52.04 Cr1.26%
Indian BankEquity51.21 Cr1.24%
Persistent Systems LtdEquity49.91 Cr1.21%
Jindal Saw LtdEquity48.52 Cr1.18%
RBL Bank LtdEquity47.32 Cr1.15%
Engineers India LtdEquity47.24 Cr1.15%
UltraTech Cement LtdEquity46.9 Cr1.14%
Pine Labs LtdEquity46.5 Cr1.13%
Trent LtdEquity46.1 Cr1.12%
Mahindra & Mahindra LtdEquity45.03 Cr1.09%
Lupin LtdEquity44.97 Cr1.09%
Tech Mahindra LtdEquity44.42 Cr1.08%
NTPC LtdEquity43.91 Cr1.07%
JSW Energy LtdEquity42.96 Cr1.04%
Safari Industries (India) LtdEquity42.49 Cr1.03%
Tata Steel LtdEquity41.22 Cr1.00%
CG Power & Industrial Solutions LtdEquity40.42 Cr0.98%
Hero MotoCorp LtdEquity39.48 Cr0.96%
Bikaji Foods International LtdEquity38.39 Cr0.93%
Lemon Tree Hotels LtdEquity35.63 Cr0.87%
ICICI Prudential Asset Management Co LtdEquity34.46 Cr0.84%
Bharat Electronics LtdEquity34.3 Cr0.83%
Exide Industries LtdEquity33.47 Cr0.81%
LTM LtdEquity32.76 Cr0.80%
Triveni Turbine LtdEquity32.09 Cr0.78%
Polycab India LtdEquity32 Cr0.78%
Century Plyboards (India) LtdEquity30.98 Cr0.75%
Tata Consumer Products LtdEquity30.82 Cr0.75%
Godrej Properties LtdEquity30.53 Cr0.74%
Coforge LtdEquity30.46 Cr0.74%
Oil & Natural Gas Corp LtdEquity30.45 Cr0.74%
Swiggy LtdEquity29.42 Cr0.72%
Diamond Power Infrastructure LtdEquity29.28 Cr0.71%
Mankind Pharma LtdEquity28.45 Cr0.69%
UNO Minda LtdEquity28 Cr0.68%
Sobha LtdEquity27.17 Cr0.66%
Blue Star LtdEquity26.94 Cr0.65%
KPIT Technologies LtdEquity26.82 Cr0.65%
DOMS Industries LtdEquity24.63 Cr0.60%
Gujarat Energy LtdEquity23.49 Cr0.57%
KEI Industries LtdEquity22.99 Cr0.56%
Kaynes Technology India LtdEquity22.89 Cr0.56%
Hindustan Aeronautics Ltd Ordinary SharesEquity21.87 Cr0.53%
Power Finance Corp LtdEquity21.03 Cr0.51%
Vinati Organics LtdEquity19.41 Cr0.47%
SBI Funds Management LtdEquity19.01 Cr0.46%
Siemens LtdEquity18.8 Cr0.46%
Zensar Technologies LtdEquity18.74 Cr0.46%
Vishal Mega Mart LtdEquity18.27 Cr0.44%
ABB India LtdEquity17.3 Cr0.42%
Syngene International LtdEquity15.4 Cr0.37%
Manipal Health Enterprises LtdEquity12.25 Cr0.30%
Juniper Green Energy LtdEquity6.3 Cr0.15%
Gspl Transmission Limited #Equity3.85 Cr0.09%
Net Current Assets (Including Cash & Bank Balances)Cash1.34 Cr0.03%

Allocation By Market Cap (Equity)

Large Cap Stocks

49.09%

Mid Cap Stocks

17.66%

Small Cap Stocks

30.64%

Other Allocation

Equity Sector

Debt & Others

SectorAmount sortHoldings sort
Financial Services1,015.06 Cr24.67%
Consumer Cyclical899.04 Cr21.85%
Industrials597.47 Cr14.52%
Technology494.54 Cr12.02%
Basic Materials258.33 Cr6.28%
Healthcare231.85 Cr5.63%
Energy154.92 Cr3.77%
Consumer Defensive127.08 Cr3.09%
Utilities116.66 Cr2.84%
Communication Services92.09 Cr2.24%
Real Estate57.7 Cr1.40%

Risk & Performance Ratios

Standard Deviation

This fund

16.38%

Cat. avg.

15.41%

Lower the better

Sharpe Ratio

This fund

0.67

Cat. avg.

0.42

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

0.62

Higher the better

Fund Managers

AG

Abhishek Gupta

Since March 2024

MC

Mayank Chaturvedi

Since October 2025

Additional Scheme Detailsas of 31st July 2026

ISIN
INF917K01GP0
Expense Ratio
1.21%
Exit Load
No Charges
Fund Size
₹4,115 Cr
Age
13 years 7 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

iconCapital Gains Taxation:

iconDividend Taxation:

info icon

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

3.0%0.0%₹89.10 Cr6.8%
Bajaj Finserv ELSS Tax Saver Fund Direct Growth

Low Risk

1.3%0.0%₹89.10 Cr8.7%
Zerodha ELSS Tax Saver Nifty LargeMidcap 250 Index Fund Direct Growth

Very High Risk

0.3%0.0%₹289.75 Cr6.7%
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%₹65.11 Cr13.8%
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%₹65.11 Cr13.4%
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

1.0%0.0%₹31.62 Cr11.9%
Sundaram Long Term Micro Cap Tax Advantage Fund Series V Direct Growth

Very High Risk

0.8%0.0%₹31.62 Cr12.2%
Sundaram Long Term Tax Advantage Fund Series II Direct Growth

Very High Risk

1.2%0.0%₹13.10 Cr5.9%
Sundaram Long Term Tax Advantage Fund Series II Regular Growth

Very High Risk

1.4%0.0%₹13.10 Cr5.6%
SBI Long Term Advantage Fund Series I Regular Growth

Low Risk

-0.0%₹49.50 Cr16.8%
SBI Long Term Advantage Fund Series I Direct Growth

Low Risk

-0.0%₹49.50 Cr17.1%
Sundaram Long Term Micro CapTax Advantage Fund Sries III Direct Growth

Very High Risk

0.8%0.0%₹78.05 Cr11.5%
SBI Long Term Advantage Fund Series VI Regular Growth

Very High Risk

-0.0%₹250.68 Cr3.1%
SBI Long Term Advantage Fund Series VI Direct Growth

Very High Risk

-0.0%₹250.68 Cr3.5%
Sundaram Long Term Micro CapTax Advantage Fund Sries III Regular Growth

Very High Risk

1.0%0.0%₹78.05 Cr11.2%
Sundaram Long Term Tax Advantage Fund Series III Direct Growth

Very High Risk

0.8%-₹34.84 Cr14.2%
SBI Tax Advantage Fund Series III Direct Growth

Very High Risk

-0.0%₹33.26 Cr32.0%
SBI Tax Advantage Fund Series III Regular Growth

Very High Risk

-0.0%₹33.26 Cr31.5%
Sundaram Long Term Tax Advantage Fund Series III Regular Growth

Very High Risk

1.0%-₹34.84 Cr13.9%
ICICI Prudential Long Term Wealth Enhancement Fund Regular Growth

Very High Risk

1.2%0.0%₹37.52 Cr2.4%
ICICI Prudential Long Term Wealth Enhancement Fund Direct Growth

Very High Risk

0.8%0.0%₹37.52 Cr2.8%
Sundaram Long Term Tax Advantage Fund Series IV Regular Growth

Very High Risk

1.0%0.0%₹23.09 Cr13.9%
Sundaram Long Term Tax Advantage Fund Series IV Direct Growth

Very High Risk

0.8%0.0%₹23.09 Cr14.1%
SBI Long Term Advantage Fund Series III Regular Growth

Very High Risk

-0.0%₹66.00 Cr-3.0%
SBI Long Term Advantage Fund Series III Direct Growth

Very High Risk

-0.0%₹66.00 Cr-2.6%
SBI Long Term Advantage Fund Series V Direct Growth

Very High Risk

-0.0%₹353.31 Cr5.2%
SBI Long Term Advantage Fund Series V Regular Growth

Very High Risk

-0.0%₹353.31 Cr4.9%
SBI Long Term Advantage Fund Series IV Regular Growth

Very High Risk

-0.0%₹194.41 Cr4.1%
SBI Long Term Advantage Fund Series IV Direct Growth

Very High Risk

-0.0%₹194.41 Cr4.5%
Sundaram Long Term Micro Cap Tax Advantage Fund Series IV Direct Growth

Very High Risk

0.8%0.0%₹37.28 Cr11.2%
Sundaram Long Term Micro Cap Tax Advantage Fund Series IV Regular Growth

Very High Risk

1.0%0.0%₹37.28 Cr11.1%
Invesco India Tax Plan Regular Growth

Very High Risk

1.7%0.0%₹2698.51 Cr3.1%
HSBC ELSS Fund Direct Growth

Very High Risk

1.2%0.0%₹4114.68 Cr10.0%
LIC MF ELSS Direct Growth

Very High Risk

1.2%0.0%₹1030.39 Cr0.1%
Kotak Taxsaver Fund Direct Growth

Very High Risk

0.7%0.0%₹6341.90 Cr5.3%
Invesco India Tax Plan Direct Growth

Very High Risk

0.7%0.0%₹2698.51 Cr4.2%
HSBC Tax Saver Equity Fund Regular Growth

Very High Risk

2.5%0.0%₹243.60 Cr4.0%
ICICI Prudential Long Term Equity Fund ( Tax Saving) Direct Growth

Very High Risk

1.2%0.0%₹14291.86 Cr1.7%
Sundaram Tax Savings Fund Direct Growth

Very High Risk

1.4%0.0%₹1296.05 Cr-1.7%
Bandhan Tax Advantage (ELSS) Fund Direct Growth

Very High Risk

0.6%0.0%₹7004.60 Cr4.8%
Nippon India Tax Saver (ELSS) Fund Direct Growth

Very High Risk

0.9%0.0%₹14909.88 Cr3.3%
JM Tax Gain Fund Direct Growth

Very High Risk

1.3%0.0%₹242.31 Cr11.6%
Samco ELSS Tax Saver Fund Direct Growth

Very High Risk

1.4%0.0%₹105.42 Cr2.6%
Samco ELSS Tax Saver Fund Regular Growth

Very High Risk

2.7%0.0%₹105.42 Cr1.2%
Mahindra Manulife ELSS Fund Regular Growth

Very High Risk

2.6%0.0%₹904.48 Cr-1.8%
Mahindra Manulife ELSS Fund Direct Growth

Very High Risk

1.2%0.0%₹904.48 Cr-0.4%

About the AMC

HSBC Mutual Fund

HSBC Mutual Fund

Total AUM

₹1,42,321 Cr

Address

16, V N Road, Mumbai, 400 001

Other Funds by HSBC Mutual Fund

Fund nameExpense RatioExit LoadFund size
1Y
RedHex Hybrid Long-Short Fund Direct Growth

Low to Moderate Risk

-2.0%--
HSBC Gold ETF Fund of Fund Direct Growth

High Risk

0.6%1.0%₹355.02 Cr-
HSBC Financial Services Fund Direct Growth

Very High Risk

1.0%1.0%₹928.79 Cr16.1%
HSBC India Export Opportunities Fund Direct Growth

Very High Risk

1.1%1.0%₹1233.48 Cr25.0%
HSBC Multi Asset Allocation Fund Direct Growth

Moderate Risk

1.1%1.0%₹3098.03 Cr18.7%
HSBC Consumption Fund Direct Growth

Very High Risk

0.9%1.0%₹1761.84 Cr6.6%
HSBC Balanced Advantage Fund Direct Growth

Very High Risk

1.2%1.0%₹1527.05 Cr4.1%
HSBC Infrastructure Fund Direct Growth

Very High Risk

1.1%1.0%₹2362.47 Cr14.0%
HSBC Aggressive Hybrid Fund Direct Growth

Very High Risk

0.9%1.0%₹5690.54 Cr9.7%
HSBC Value Fund Direct Growth

Very High Risk

0.9%1.0%₹14987.50 Cr7.1%
HSBC Credit Risk Fund Direct Growth

Moderately High risk

1.0%1.0%₹459.98 Cr6.8%
HSBC Banking & PSU Debt Direct Growth

Moderate Risk

0.2%0.0%₹3785.46 Cr5.5%
HSBC Midcap Fund Direct Growth

Very High Risk

1.2%1.0%₹15578.18 Cr24.9%
HSBC ELSS Fund Direct Growth

Very High Risk

1.2%0.0%₹4114.68 Cr10.0%
HSBC Equity Savings Fund Direct Growth

Moderate Risk

1.7%0.0%₹1326.05 Cr10.1%
HSBC Low Duration Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹994.31 Cr6.4%
HSBC Short Duration Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹4184.84 Cr5.7%
HSBC Corporate Bond Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹5951.33 Cr5.7%
HSBC Dynamic Bond Fund Direct Growth

Moderate Risk

0.3%0.0%₹122.43 Cr5.0%
HSBC Money Market Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹7031.91 Cr6.4%
HSBC Gilt Fund Direct Growth

Moderate Risk

0.5%0.0%₹159.61 Cr4.4%
HSBC Medium Duration Direct Growth

Moderately High risk

0.4%0.0%₹686.84 Cr6.4%
HSBC Focused Fund Direct Growth

Very High Risk

1.0%1.0%₹1772.71 Cr13.0%
HSBC Business Cycles Fund Direct Growth

Very High Risk

1.1%1.0%₹1182.34 Cr7.2%
HSBC Overnight Fund Direct Growth

Low Risk

0.1%0.0%₹4766.05 Cr5.3%
HSBC Conservative Hybrid Fund Direct Growth

Moderately High risk

1.2%0.0%₹153.93 Cr5.0%
HSBC Large Cap Fund Direct Growth

Very High Risk

1.5%1.0%₹1839.33 Cr3.4%
HSBC Global Emerging Markets Fund Direct Growth

Very High Risk

1.4%1.0%₹472.44 Cr54.3%
HSBC Brazil Fund Direct Growth

Very High Risk

1.8%1.0%₹365.29 Cr34.7%
HSBC Medium to Long Duration Fund Direct Growth

Moderate Risk

0.7%0.0%₹49.08 Cr4.5%
HSBC Liquid Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹20046.54 Cr6.4%
HSBC Flexi Cap Fund Direct Growth

Very High Risk

1.3%1.0%₹5717.88 Cr10.6%
HSBC Tax Saver Equity Fund Direct Growth

Very High Risk

1.8%0.0%₹243.60 Cr4.7%
HSBC Ultra Short Duration Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹3321.80 Cr6.5%
HSBC CRISIL IBX 50:50 Gilt Plus SDL Apr 2028 Index Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹1767.56 Cr6.0%
HSBC Small Cap Fund Direct Growth

Very High Risk

0.8%1.0%₹17783.74 Cr16.5%
HSBC Global Equity Climate Change Fund of Fund Direct Growth

Very High Risk

0.9%1.0%₹54.40 Cr22.6%
HSBC Managed Solutions India Conservative Direct Growth

Moderate Risk

0.4%0.0%₹537.08 Cr5.6%
HSBC Managed Solutions India Moderate Direct Growth

Moderate Risk

1.2%1.0%₹106.68 Cr19.1%
HSBC Managed Solutions India Growth Direct Growth

Very High Risk

0.9%1.0%₹47.09 Cr10.7%
HSBC CRISIL IBX Gilt June 2027 Index Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹181.53 Cr5.8%
HSBC Arbitrage Fund Direct Growth

Low Risk

1.4%0.0%₹2997.62 Cr6.4%
HSBC Nifty Next 50 Index Fund Direct Growth

Very High Risk

0.4%1.0%₹175.96 Cr11.6%
HSBC Nifty 50 Index Fund Direct Growth

Very High Risk

0.2%1.0%₹395.67 Cr-1.7%
HSBC Large & Mid Cap Fund Direct Growth

Very High Risk

1.5%1.0%₹5479.11 Cr15.2%
HSBC Multi Cap Fund Direct Growth

Very High Risk

0.8%1.0%₹6067.77 Cr12.9%
HSBC Asia Pacific (Ex Japan) Dividend Yield Fund Direct Growth

Very High Risk

1.3%1.0%₹74.21 Cr40.3%

Risk Level

Your principal amount will be at Very High Risk

Very High Risk

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What is the current NAV of HSBC ELSS Fund Direct Growth?

img
The NAV of HSBC ELSS Fund Direct Growth, as of 27-Aug-2026, is ₹158.63.
The fund has generated 9.99% over the last 1 year and 18.27% 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 98.39% in equities, 0.00% in bonds, and 1.61% in cash and cash equivalents.
The fund managers responsible for HSBC ELSS Fund Direct Growth are:-
  1. Abhishek Gupta
  2. Mayank Chaturvedi
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