HSBC ELSS Fund Regular Growth
EquityELSS (Tax Savings)Very High Risk
Regular
NAV (25-Jul-24)
₹129.15-0.27%1D
Returns (Since Inception)
14.91%
Rated ★4.5+ on 
Fund Overview
Fund Size
₹4,257 Cr
Expense Ratio
1.89%
ISIN
INF677K01064
Minimum SIP
₹500
Exit Load
No Charges
Inception Date
27 Feb 2006
About this fund
HSBC ELSS Fund Regular Growth is a ELSS (Tax Savings) mutual fund schemes offered by HSBC Mutual Fund. This fund has been in existence for 18 years, 4 months and 29 days, having been launched on 27-Feb-06.
As of 25-Jul-24, it has a Net Asset Value (NAV) of ₹129.15, Assets Under Management (AUM) of 4256.95 Crores, and an expense ratio of 1.89%.
As of 25-Jul-24, it has a Net Asset Value (NAV) of ₹129.15, Assets Under Management (AUM) of 4256.95 Crores, and an expense ratio of 1.89%.
- HSBC ELSS Fund Regular Growth has given a CAGR return of 14.91% since inception.
- The fund's asset allocation comprises around 98.81% in equities, 0.00% in debts, and 1.19% in cash & cash equivalents.
- You can start investing in HSBC ELSS Fund Regular 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
+44.65%
+37.41% (Cat Avg.)
3 Years
+19.97%
+19.51% (Cat Avg.)
5 Years
+20.19%
+21.13% (Cat Avg.)
10 Years
+15.05%
+15.42% (Cat Avg.)
Since Inception
+14.91%
— (Cat Avg.)
Portfolio Summaryas of 30th June 2024
| Equity | ₹4,206.27 Cr | 98.81% |
| Others | ₹50.69 Cr | 1.19% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| HDFC Bank Ltd | Equity | ₹195.74 Cr | 4.60% |
| Reliance Industries Ltd | Equity | ₹168.31 Cr | 3.95% |
| ICICI Bank Ltd | Equity | ₹138.61 Cr | 3.26% |
| Larsen & Toubro Ltd | Equity | ₹119.69 Cr | 2.81% |
| Persistent Systems Ltd | Equity | ₹99.21 Cr | 2.33% |
| Infosys Ltd | Equity | ₹97.47 Cr | 2.29% |
| Trent Ltd | Equity | ₹97.44 Cr | 2.29% |
| CG Power & Industrial Solutions Ltd | Equity | ₹93.06 Cr | 2.19% |
| KPIT Technologies Ltd | Equity | ₹90.43 Cr | 2.12% |
| Cholamandalam Investment and Finance Co Ltd | Equity | ₹87.12 Cr | 2.05% |
| Power Finance Corp Ltd | Equity | ₹80.52 Cr | 1.89% |
| JSW Energy Ltd | Equity | ₹78.97 Cr | 1.85% |
| Shriram Finance Ltd | Equity | ₹75.2 Cr | 1.77% |
| Bharat Electronics Ltd | Equity | ₹73.92 Cr | 1.74% |
| Hindustan Aeronautics Ltd Ordinary Shares | Equity | ₹73.76 Cr | 1.73% |
| State Bank of India | Equity | ₹72.84 Cr | 1.71% |
| Blue Star Ltd | Equity | ₹71.06 Cr | 1.67% |
| Zomato Ltd | Equity | ₹70.07 Cr | 1.65% |
| KEI Industries Ltd | Equity | ₹67.73 Cr | 1.59% |
| Jindal Steel & Power Ltd | Equity | ₹67.55 Cr | 1.59% |
| Bharti Airtel Ltd | Equity | ₹67.44 Cr | 1.58% |
| Triveni Turbine Ltd | Equity | ₹63.52 Cr | 1.49% |
| Axis Bank Ltd | Equity | ₹62.74 Cr | 1.47% |
| Jindal Saw Ltd | Equity | ₹59.56 Cr | 1.40% |
| NTPC Ltd | Equity | ₹57.97 Cr | 1.36% |
| Max Healthcare Institute Ltd Ordinary Shares | Equity | ₹57.86 Cr | 1.36% |
| Transformers & Rectifiers (India) Ltd | Equity | ₹57.18 Cr | 1.34% |
| Siemens Ltd | Equity | ₹56.88 Cr | 1.34% |
| Engineers India Ltd | Equity | ₹53.29 Cr | 1.25% |
| Indian Hotels Co Ltd | Equity | ₹50.44 Cr | 1.18% |
| Schaeffler India Ltd | Equity | ₹50.34 Cr | 1.18% |
| Treps | Cash - Repurchase Agreement | ₹48.43 Cr | 1.14% |
| Kaynes Technology India Ltd | Equity | ₹47.67 Cr | 1.12% |
| Nippon Life India Asset Management Ltd Ordinary Shares | Equity | ₹47.45 Cr | 1.11% |
| Godrej Properties Ltd | Equity | ₹46.51 Cr | 1.09% |
| Mahindra & Mahindra Ltd | Equity | ₹45.84 Cr | 1.08% |
| 360 One Wam Ltd Ordinary Shares | Equity | ₹44.8 Cr | 1.05% |
| Karur Vysya Bank Ltd | Equity | ₹44.67 Cr | 1.05% |
| Varroc Engineering Ltd Ordinary Shares | Equity | ₹43.86 Cr | 1.03% |
| Dabur India Ltd | Equity | ₹43.01 Cr | 1.01% |
| Bikaji Foods International Ltd | Equity | ₹42.81 Cr | 1.01% |
| Titan Co Ltd | Equity | ₹42.64 Cr | 1.00% |
| Balrampur Chini Mills Ltd | Equity | ₹42.42 Cr | 1.00% |
| Bharat Heavy Electricals Ltd | Equity | ₹41.47 Cr | 0.97% |
| ABB India Ltd | Equity | ₹39.1 Cr | 0.92% |
| Sun Pharmaceuticals Industries Ltd | Equity | ₹38.9 Cr | 0.91% |
| Sobha Ltd | Equity | ₹38.74 Cr | 0.91% |
| Tech Mahindra Ltd | Equity | ₹38.48 Cr | 0.90% |
| Safari Industries (India) Ltd | Equity | ₹38.4 Cr | 0.90% |
| DLF Ltd | Equity | ₹37.31 Cr | 0.88% |
| Indian Bank | Equity | ₹35.44 Cr | 0.83% |
| IIFL Finance Ltd | Equity | ₹35.24 Cr | 0.83% |
| Zensar Technologies Ltd | Equity | ₹35.08 Cr | 0.82% |
| Sterling and Wilson Renewable Energy Ltd | Equity | ₹34.96 Cr | 0.82% |
| Mankind Pharma Ltd | Equity | ₹34.41 Cr | 0.81% |
| UNO Minda Ltd | Equity | ₹34.32 Cr | 0.81% |
| Amber Enterprises India Ltd Ordinary Shares | Equity | ₹33.78 Cr | 0.79% |
| TVS Motor Co Ltd | Equity | ₹32.71 Cr | 0.77% |
| UltraTech Cement Ltd | Equity | ₹32.44 Cr | 0.76% |
| Exide Industries Ltd | Equity | ₹32.06 Cr | 0.75% |
| Lemon Tree Hotels Ltd | Equity | ₹31.33 Cr | 0.74% |
| Vinati Organics Ltd | Equity | ₹31.32 Cr | 0.74% |
| Oil & Natural Gas Corp Ltd | Equity | ₹31.18 Cr | 0.73% |
| Karnataka Bank Ltd | Equity | ₹30.99 Cr | 0.73% |
| Escorts Kubota Ltd | Equity | ₹30.56 Cr | 0.72% |
| Lupin Ltd | Equity | ₹30.19 Cr | 0.71% |
| Avalon Technologies Ltd | Equity | ₹30.09 Cr | 0.71% |
| Jindal Stainless Ltd | Equity | ₹29.86 Cr | 0.70% |
| Tata Motors Ltd | Equity | ₹25.77 Cr | 0.61% |
| Century Plyboards (India) Ltd | Equity | ₹25.72 Cr | 0.60% |
| Gujarat State Petronet Ltd | Equity | ₹25.3 Cr | 0.59% |
| Polycab India Ltd | Equity | ₹24.8 Cr | 0.58% |
| Craftsman Automation Ltd | Equity | ₹24.59 Cr | 0.58% |
| Bajaj Auto Ltd | Equity | ₹23.33 Cr | 0.55% |
| Cello World Ltd | Equity | ₹22.76 Cr | 0.53% |
| Suzlon Energy Ltd | Equity | ₹22.47 Cr | 0.53% |
| Syngene International Ltd | Equity | ₹19.11 Cr | 0.45% |
| BSE Ltd | Equity | ₹19.01 Cr | 0.45% |
| Hindustan Petroleum Corp Ltd | Equity | ₹17.44 Cr | 0.41% |
| Jio Financial Services Ltd | Equity | ₹16.17 Cr | 0.38% |
| DOMS Industries Ltd | Equity | ₹13.67 Cr | 0.32% |
| Concord Biotech Ltd | Equity | ₹10.51 Cr | 0.25% |
| Can Fin Homes Ltd | Equity | ₹8.9 Cr | 0.21% |
| Net Current Assets (Including Cash & Bank Balances) | Cash | ₹2.26 Cr | 0.05% |
| Sobha Limited | Equity | ₹0.74 Cr | 0.02% |
Allocation By Market Cap (Equity)
Large Cap Stocks
50.96%
Mid Cap Stocks
23.73%
Small Cap Stocks
24.10%
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹995.45 Cr | 23.38% |
| Industrials | ₹949.83 Cr | 22.31% |
| Consumer Cyclical | ₹699.69 Cr | 16.44% |
| Technology | ₹425.71 Cr | 10.00% |
| Basic Materials | ₹246.44 Cr | 5.79% |
| Energy | ₹216.93 Cr | 5.10% |
| Healthcare | ₹190.98 Cr | 4.49% |
| Utilities | ₹162.23 Cr | 3.81% |
| Consumer Defensive | ₹128.25 Cr | 3.01% |
| Real Estate | ₹122.57 Cr | 2.88% |
| Communication Services | ₹67.44 Cr | 1.58% |
Risk & Performance Ratios
Standard Deviation
This fund
13.58%
Cat. avg.
12.52%
Lower the better
Sharpe Ratio
This fund
1.07
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 30th June 2024
ISIN | INF677K01064 | Expense Ratio | 1.89% | Exit Load | No Charges | Fund Size | ₹4,257 Cr | Age | 27 Feb 2006 | Lumpsum Minimum | ₹500 | Fund Status | Open Ended Investment Company | Benchmark | Nifty 500 TR INR |
Investment 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 name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Tata India Tax Savings Fund Direct Growth Very High Risk | 0.7% | 0.0% | ₹4551.18 Cr | 34.0% |
| Tata India Tax Savings Fund Regular Growth Very High Risk | 1.8% | 0.0% | ₹4551.18 Cr | 32.5% |
| Axis Long Term Equity Fund Regular Growth Very High Risk | 1.5% | 0.0% | ₹37106.30 Cr | 29.4% |
| Parag Parikh Tax Saver Fund Direct Growth Very High Risk | 0.6% | 0.0% | ₹3731.20 Cr | 36.0% |
| Parag Parikh Tax Saver Fund Regular Growth Very High Risk | 1.7% | 0.0% | ₹3731.20 Cr | 34.5% |
| Shriram Long Term Equity Fund Direct Growth Very High Risk | 0.8% | 0.0% | ₹54.22 Cr | 41.8% |
| Shriram Long Term Equity Fund Regular Growth Very High Risk | 2.3% | 0.0% | ₹54.22 Cr | 39.5% |
| ITI Long Term Equity Fund Direct Growth Very High Risk | 0.5% | 0.0% | ₹363.38 Cr | 55.5% |
| ITI Long Term Equity Fund Regular Growth Very High Risk | 2.3% | 0.0% | ₹363.38 Cr | 52.7% |
| Sundaram Diversified Equity Regular Growth Very High Risk | 2.2% | 0.0% | ₹1649.12 Cr | 25.5% |
About the AMC
Total AUM
₹1,10,764 Cr
Address
16, V N Road, Mumbai, 400 001
Other Funds by HSBC Mutual Fund
Risk Level
Your principal amount will be at Very High Risk
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What is the current NAV of HSBC ELSS Fund Regular Growth?
The NAV of HSBC ELSS Fund Regular Growth, as of 25-Jul-2024, is ₹129.15.
What are the returns of HSBC ELSS Fund Regular Growth?
The fund has generated 44.65% over the last 1 year and 19.97% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
What is the portfolio composition of HSBC ELSS Fund Regular Growth?
The fund's allocation of assets is distributed as 98.81% in equities, 0.00% in bonds, and 1.19% in cash and cash equivalents.
Who manages the HSBC ELSS Fund Regular Growth?
The fund managers responsible for HSBC ELSS Fund Regular Growth are:-
- Gautam Bhupal
- Sonal Gupta
- Abhishek Gupta
Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.
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Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.