HSBC Equity Savings Fund Direct Growth
HybridEquity SavingsModerately High risk
Direct
NAV (05-Sep-24)
₹35.560.13%1D
Returns (Since Inception)
10.50%
Rated ★4.5+ on 
Fund Overview
Fund Size
₹407 Cr
Expense Ratio
0.61%
ISIN
INF917K01GE4
Minimum SIP
₹1,000
Exit Load
No Charges
Inception Date
01 Jan 2013
About this fund
HSBC Equity Savings Fund Direct Growth is a Equity Savings mutual fund schemes offered by HSBC Mutual Fund. This fund has been in existence for 11 years, 8 months and 6 days, having been launched on 01-Jan-13.
As of 05-Sep-24, it has a Net Asset Value (NAV) of ₹35.56, Assets Under Management (AUM) of 406.54 Crores, and an expense ratio of 0.61%.
As of 05-Sep-24, it has a Net Asset Value (NAV) of ₹35.56, Assets Under Management (AUM) of 406.54 Crores, and an expense ratio of 0.61%.
- HSBC Equity Savings Fund Direct Growth has given a CAGR return of 10.50% since inception.
- The fund's asset allocation comprises around 39.91% in equities, 20.65% in debts, and 39.45% in cash & cash equivalents.
- You can start investing in HSBC Equity Savings Fund Direct Growth with a SIP of ₹1000 or a Lumpsum investment of ₹5000.
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
+25.16%
+16.07% (Cat Avg.)
3 Years
+13.48%
+9.53% (Cat Avg.)
5 Years
+14.72%
+10.96% (Cat Avg.)
10 Years
+10.42%
+8.61% (Cat Avg.)
Since Inception
+10.50%
— (Cat Avg.)
Portfolio Summaryas of 31st July 2024
| Equity | ₹162.23 Cr | 39.91% |
| Debt | ₹83.95 Cr | 20.65% |
| Others | ₹160.36 Cr | 39.45% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Cash Offset For Derivatives | Cash - General Offset | ₹134.73 Cr | 33.14% |
| Bharat Electronics Ltd | Equity | ₹27.55 Cr | 6.78% |
| Future on Bharat Electronics Ltd | Equity - Future | ₹-23.58 Cr | 5.80% |
| Treps | Cash - Repurchase Agreement | ₹18.7 Cr | 4.60% |
| Polycab India Ltd | Equity | ₹18.26 Cr | 4.49% |
| Future on Polycab India Ltd | Equity - Future | ₹-18.25 Cr | 4.49% |
| Future on Steel Authority Of India Ltd | Equity - Future | ₹-16.91 Cr | 4.16% |
| Steel Authority Of India Ltd | Equity | ₹16.9 Cr | 4.16% |
| 7.38% Govt Stock 2027 | Bond - Gov't/Treasury | ₹15.34 Cr | 3.77% |
| 5.22% Govt Stock 2025 | Bond - Gov't/Treasury | ₹14.89 Cr | 3.66% |
| United Spirits Ltd | Equity | ₹11.87 Cr | 2.92% |
| Future on United Spirits Ltd | Equity - Future | ₹-11.87 Cr | 2.92% |
| Larsen & Toubro Ltd | Equity | ₹11.06 Cr | 2.72% |
| Rural Electrification Corporation Limited | Bond - Corporate Bond | ₹11.04 Cr | 2.72% |
| The India Cements Limited | Equity - Future | ₹-10.57 Cr | 2.60% |
| India Cements Ltd | Equity | ₹10.56 Cr | 2.60% |
| National Housing Bank | Bond - Corporate Bond | ₹10.16 Cr | 2.50% |
| 6.18% Govt Stock 2024 | Bond - Gov't/Treasury | ₹10.13 Cr | 2.49% |
| Transformers & Rectifiers (India) Ltd | Equity | ₹9.68 Cr | 2.38% |
| Future on Indian Energy Exchange Ltd | Equity - Future | ₹-8.86 Cr | 2.18% |
| Indian Energy Exchange Ltd | Equity | ₹8.86 Cr | 2.18% |
| 7.32% Govt Stock 2030 | Bond - Gov't/Treasury | ₹8.3 Cr | 2.04% |
| Future on Larsen & Toubro Ltd | Equity - Future | ₹-8.01 Cr | 1.97% |
| Future on Ambuja Cements Ltd | Equity - Future | ₹-7.97 Cr | 1.96% |
| Ambuja Cements Ltd | Equity | ₹7.96 Cr | 1.96% |
| CG Power & Industrial Solutions Ltd | Equity | ₹7.73 Cr | 1.90% |
| Canara Bank | Cash - CD/Time Deposit | ₹7.73 Cr | 1.90% |
| Dixon Technologies (India) Ltd | Equity | ₹7.51 Cr | 1.85% |
| Suzlon Energy Ltd | Equity | ₹6.94 Cr | 1.71% |
| HDFC Bank Ltd | Equity | ₹6.75 Cr | 1.66% |
| Future on HDFC Bank Ltd | Equity - Future | ₹-6.75 Cr | 1.66% |
| REC Ltd | Equity | ₹6.44 Cr | 1.58% |
| GE T&D India Ltd | Equity | ₹6.34 Cr | 1.56% |
| Bharat Heavy Electricals Ltd | Equity | ₹6.31 Cr | 1.55% |
| Blue Star Ltd | Equity | ₹6.21 Cr | 1.53% |
| Siemens Ltd | Equity | ₹6.06 Cr | 1.49% |
| Net Current Assets (Including Cash & Bank Balances) | Cash | ₹-5.67 Cr | 1.40% |
| 7.37% Govt Stock 2028 | Bond - Gov't/Treasury | ₹5.2 Cr | 1.28% |
| Prestige Estates Projects Ltd | Equity | ₹5.07 Cr | 1.25% |
| Axis Bank Limited | Cash - CD/Time Deposit | ₹4.88 Cr | 1.20% |
| ICICI Bank Ltd. | Bond - Corporate Bond | ₹4.78 Cr | 1.18% |
| Trent Ltd | Equity | ₹4.67 Cr | 1.15% |
| Hitachi Energy India Ltd Ordinary Shares | Equity | ₹4.64 Cr | 1.14% |
| KEI Industries Ltd | Equity | ₹4.42 Cr | 1.09% |
| Safari Industries (India) Ltd | Equity | ₹4.14 Cr | 1.02% |
| 7.06% Govt Stock 2028 | Bond - Gov't/Treasury | ₹4.11 Cr | 1.01% |
| Medi Assist Healthcare Services Ltd | Equity | ₹4.09 Cr | 1.01% |
| Nippon Life India Asset Management Ltd Ordinary Shares | Equity | ₹4.06 Cr | 1.00% |
| Persistent Systems Ltd | Equity | ₹3.94 Cr | 0.97% |
| Manappuram Finance Ltd | Equity | ₹3.66 Cr | 0.90% |
| Future on Container Corporation of India Ltd | Equity - Future | ₹-3.66 Cr | 0.90% |
| Future on Manappuram Finance Ltd | Equity - Future | ₹-3.66 Cr | 0.90% |
| Container Corporation of India Ltd | Equity | ₹3.64 Cr | 0.90% |
| Aditya Vision Ltd | Equity | ₹3.61 Cr | 0.89% |
| Ahluwalia Contracts (India) Ltd | Equity | ₹3.54 Cr | 0.87% |
| EIH Ltd | Equity | ₹3.53 Cr | 0.87% |
| Zomato Ltd | Equity | ₹3.44 Cr | 0.85% |
| Timken India Ltd | Equity | ₹3.29 Cr | 0.81% |
| Godrej Properties Ltd | Equity | ₹3.22 Cr | 0.79% |
| Varun Beverages Ltd | Equity | ₹3.15 Cr | 0.78% |
| Indian Hotels Co Ltd | Equity | ₹3.14 Cr | 0.77% |
| Paradeep Phosphates Ltd | Equity | ₹3.13 Cr | 0.77% |
| Future on LIC Housing Finance Ltd | Equity - Future | ₹-3.01 Cr | 0.74% |
| LIC Housing Finance Ltd | Equity | ₹2.99 Cr | 0.74% |
| Electronics Mart India Ltd | Equity | ₹2.96 Cr | 0.73% |
| Zensar Technologies Ltd | Equity | ₹2.94 Cr | 0.72% |
| KPIT Technologies Ltd | Equity | ₹2.76 Cr | 0.68% |
| Sobha Ltd | Equity | ₹2.7 Cr | 0.66% |
| TD Power Systems Ltd | Equity | ₹2.7 Cr | 0.66% |
| Kaynes Technology India Ltd | Equity | ₹2.67 Cr | 0.66% |
| Techno Electric & Engineering Co Ltd | Equity | ₹2.56 Cr | 0.63% |
| Cholamandalam Investment and Finance Co Ltd | Equity | ₹2.55 Cr | 0.63% |
| Future on Tata Power Co Ltd | Equity - Future | ₹-2.4 Cr | 0.59% |
| Tata Power Co Ltd | Equity | ₹2.39 Cr | 0.59% |
| Prudent Corporate Advisory Services Ltd | Equity | ₹2.3 Cr | 0.56% |
| National Aluminium Co Ltd | Equity | ₹2.04 Cr | 0.50% |
| Future on National Aluminium Co Ltd | Equity - Future | ₹-2.03 Cr | 0.50% |
| Future on Bharat Petroleum Corp Ltd | Equity - Future | ₹-1.83 Cr | 0.45% |
| Bharat Petroleum Corp Ltd | Equity | ₹1.83 Cr | 0.45% |
| Sonata Software Ltd | Equity | ₹1.77 Cr | 0.43% |
| Bandhan Bank Ltd | Equity | ₹1.71 Cr | 0.42% |
| Future on Bandhan Bank Ltd | Equity - Future | ₹-1.71 Cr | 0.42% |
| Hindustan Petroleum Corp Ltd | Equity | ₹1.27 Cr | 0.31% |
| Future on Hindustan Petroleum Corp Ltd | Equity - Future | ₹-1.26 Cr | 0.31% |
| GAIL (India) Ltd | Equity | ₹1.1 Cr | 0.27% |
| Future on GAIL (India) Ltd | Equity - Future | ₹-1.1 Cr | 0.27% |
| ICICI Bank Ltd | Equity | ₹0.81 Cr | 0.20% |
| Abbott India Ltd | Equity | ₹0.34 Cr | 0.08% |
| Future on Abbott India Ltd | Equity - Future | ₹-0.33 Cr | 0.08% |
| Balkrishna Industries Ltd | Equity | ₹0.3 Cr | 0.07% |
| Future on Balkrishna Industries Ltd | Equity - Future | ₹-0.28 Cr | 0.07% |
| Future on Dixon Technologies (India) Ltd | Equity - Future | ₹-0.24 Cr | 0.06% |
| Infosys Ltd | Equity | ₹0.24 Cr | 0.06% |
| Sundaram Finance Ltd | Equity | ₹0.22 Cr | 0.05% |
| Sobha Ltd Ordinary Shares (Partly Paid Rs.5) | Equity | ₹0.18 Cr | 0.04% |
| Future on Aurobindo Pharma Ltd | Equity - Future | ₹-0.16 Cr | 0.04% |
| Infosys Limited | Equity - Future | ₹-0.16 Cr | 0.04% |
| Aurobindo Pharma Ltd | Equity | ₹0.16 Cr | 0.04% |
| Future on ICICI Prudential Life Insurance Company Limited | Equity - Future | ₹-0.12 Cr | 0.03% |
| ICICI Prudential Life Insurance Company Limited | Equity | ₹0.11 Cr | 0.03% |
Allocation By Market Cap (Equity)
Large Cap Stocks
31.27%
Mid Cap Stocks
19.10%
Small Cap Stocks
20.70%
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Industrials | ₹128.94 Cr | 31.72% |
| Basic Materials | ₹40.58 Cr | 9.98% |
| Financial Services | ₹40.47 Cr | 9.95% |
| Consumer Cyclical | ₹25.8 Cr | 6.35% |
| Technology | ₹23.8 Cr | 5.85% |
| Consumer Defensive | ₹15.03 Cr | 3.70% |
| Real Estate | ₹11.17 Cr | 2.75% |
| Healthcare | ₹4.59 Cr | 1.13% |
| Utilities | ₹3.49 Cr | 0.86% |
| Energy | ₹3.1 Cr | 0.76% |
Risk & Performance Ratios
Standard Deviation
This fund
5.02%
Cat. avg.
4.43%
Lower the better
Sharpe Ratio
This fund
1.51
Cat. avg.
0.83
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
1.59
Higher the better
Fund Managers
Kapil Punjabi
Since May 2024
MC
Mahesh Chhabria
Since July 2023
PA
Praveen Ayathan
Since October 2023
CG
Cheenu Gupta
Since July 2021
SG
Sonal Gupta
Since October 2023
AG
Abhishek Gupta
Since April 2024
HG
Hitesh Gondhia
Since October 2023
Additional Scheme Detailsas of 31st July 2024
ISIN | INF917K01GE4 | Expense Ratio | 0.61% | Exit Load | No Charges | Fund Size | ₹407 Cr | Age | 01 Jan 2013 | Lumpsum Minimum | ₹5,000 | Fund Status | Open Ended Investment Company | Benchmark | NIFTY Equity Savings 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
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 Equity Savings Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Kotak Equity Savings Fund Direct Growth Moderate Risk | 0.7% | 1.0% | ₹6540.74 Cr | 22.0% |
| Kotak Equity Savings Fund Regular Growth Moderate Risk | 1.8% | 1.0% | ₹6540.74 Cr | 20.7% |
| Edelweiss Equity Savings Fund Regular Growth Moderate Risk | 1.6% | 0.0% | ₹450.33 Cr | 17.5% |
| Edelweiss Equity Savings Fund Direct Growth Moderate Risk | 0.6% | 0.0% | ₹450.33 Cr | 18.6% |
| Baroda BNP Paribas Equity Savings Fund Regular Growth Moderate Risk | 2.5% | 1.0% | ₹610.16 Cr | 17.0% |
| Baroda BNP Paribas Equity Savings Fund Direct Growth Moderate Risk | 1.5% | 1.0% | ₹610.16 Cr | 18.2% |
| Tata Equity Savings Fund Regular Growth Low to Moderate Risk | 1.1% | 0.0% | ₹157.95 Cr | 16.1% |
| Bandhan Equity Savings Fund Regular Growth Low to Moderate Risk | 1.4% | 0.0% | ₹136.00 Cr | 10.3% |
| PGIM India Equity Savings Fund Regular Growth Low to Moderate Risk | 1.3% | 0.0% | ₹94.20 Cr | 9.6% |
| Sundaram Equity Savings Fund Regular Growth Moderate Risk | 2.2% | 0.0% | ₹881.56 Cr | 18.1% |
About the AMC
Total AUM
₹1,21,564 Cr
Address
16, V N Road, Mumbai, 400 001
Other Funds by HSBC Mutual Fund
Risk Level
Your principal amount will be at Moderately High risk
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We're here to help.
What is the current NAV of HSBC Equity Savings Fund Direct Growth?
The NAV of HSBC Equity Savings Fund Direct Growth, as of 05-Sep-2024, is ₹35.56.
What are the returns of HSBC Equity Savings Fund Direct Growth?
The fund has generated 25.16% over the last 1 year and 13.48% 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 Equity Savings Fund Direct Growth?
The fund's allocation of assets is distributed as 39.91% in equities, 20.65% in bonds, and 39.45% in cash and cash equivalents.
Who manages the HSBC Equity Savings Fund Direct Growth?
The fund managers responsible for HSBC Equity Savings Fund Direct Growth are:-
- Kapil Punjabi
- Mahesh Chhabria
- Praveen Ayathan
- Cheenu Gupta
- Sonal Gupta
- Abhishek Gupta
- Hitesh Gondhia
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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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.
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.