HSBC Equity Savings Fund Direct Growth
HybridEquity SavingsModerately High risk
Direct
NAV (17-May-24)
₹33.130.63%1D
Returns (Since Inception)
10.11%
Rated ★4.5+ on 
Fund Overview
Fund Size
₹275 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, 4 months and 17 days, having been launched on 01-Jan-13.
As of 17-May-24, it has a Net Asset Value (NAV) of ₹33.13, Assets Under Management (AUM) of 274.96 Crores, and an expense ratio of 0.61%.
As of 17-May-24, it has a Net Asset Value (NAV) of ₹33.13, Assets Under Management (AUM) of 274.96 Crores, and an expense ratio of 0.61%.
- HSBC Equity Savings Fund Direct Growth has given a CAGR return of 10.11% since inception.
- The fund's asset allocation comprises around 42.91% in equities, 22.15% in debts, and 34.94% 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
+23.71%
+14.27% (Cat Avg.)
3 Years
+14.00%
+9.49% (Cat Avg.)
5 Years
+12.39%
+9.36% (Cat Avg.)
10 Years
+10.47%
+8.20% (Cat Avg.)
Since Inception
+10.11%
— (Cat Avg.)
Portfolio Summaryas of 30th April 2024
| Equity | ₹118 Cr | 42.91% |
| Debt | ₹60.9 Cr | 22.15% |
| Others | ₹96.06 Cr | 34.94% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Cash Offset For Derivatives | Cash - General Offset | ₹74.35 Cr | 27.04% |
| Future on Bharat Electronics Ltd | Equity - Future | ₹-17.46 Cr | 6.35% |
| Bharat Electronics Ltd | Equity | ₹17.45 Cr | 6.35% |
| 5.22% Govt Stock 2025 | Bond - Gov't/Treasury | ₹14.99 Cr | 5.45% |
| Future on HDFC Bank Ltd | Equity - Future | ₹-13.47 Cr | 4.90% |
| HDFC Bank Ltd | Equity | ₹13.46 Cr | 4.90% |
| United Spirits Ltd | Equity | ₹13.43 Cr | 4.88% |
| Future on United Spirits Ltd | Equity - Future | ₹-13.42 Cr | 4.88% |
| Larsen & Toubro Ltd | Equity | ₹11.86 Cr | 4.31% |
| Rural Electrification Corporation Limited | Bond - Corporate Bond | ₹11.76 Cr | 4.28% |
| Treps | Cash - Repurchase Agreement | ₹11.55 Cr | 4.20% |
| 6.18% Govt Stock 2024 | Bond - Gov't/Treasury | ₹10.26 Cr | 3.73% |
| 7.06% Govt Stock 2028 | Bond - Gov't/Treasury | ₹9 Cr | 3.27% |
| Transformers & Rectifiers (India) Ltd | Equity | ₹8.15 Cr | 2.96% |
| Canara Bank | Cash - CD/Time Deposit | ₹7.58 Cr | 2.76% |
| Future on Larsen & Toubro Ltd | Equity - Future | ₹-7.56 Cr | 2.75% |
| Medi Assist Healthcare Services Ltd | Equity | ₹7.3 Cr | 2.66% |
| Future on Ambuja Cements Ltd | Equity - Future | ₹-7.26 Cr | 2.64% |
| Ambuja Cements Ltd | Equity | ₹7.25 Cr | 2.64% |
| Future on Pidilite Industries Ltd | Equity - Future | ₹-6.41 Cr | 2.33% |
| Pidilite Industries Ltd | Equity | ₹6.4 Cr | 2.33% |
| Blue Star Ltd | Equity | ₹5.39 Cr | 1.96% |
| 7.38% Govt Stock 2027 | Bond - Gov't/Treasury | ₹5.16 Cr | 1.88% |
| Sonata Software Ltd | Equity | ₹5.11 Cr | 1.86% |
| 7.37% Govt Stock 2028 | Bond - Gov't/Treasury | ₹5.04 Cr | 1.83% |
| Axis Bank Limited | Cash - CD/Time Deposit | ₹4.79 Cr | 1.74% |
| ICICI Bank Ltd. | Bond - Corporate Bond | ₹4.69 Cr | 1.71% |
| GE T&D India Ltd | Equity | ₹4.57 Cr | 1.66% |
| Safari Industries (India) Ltd | Equity | ₹4.23 Cr | 1.54% |
| KEI Industries Ltd | Equity | ₹4.08 Cr | 1.48% |
| CG Power & Industrial Solutions Ltd | Equity | ₹3.88 Cr | 1.41% |
| Prestige Estates Projects Ltd | Equity | ₹3.85 Cr | 1.40% |
| EIH Ltd | Equity | ₹3.83 Cr | 1.39% |
| Eureka Forbes Ltd | Equity | ₹3.63 Cr | 1.32% |
| Trent Ltd | Equity | ₹3.53 Cr | 1.28% |
| Aditya Vision Ltd | Equity | ₹3.4 Cr | 1.23% |
| Zensar Technologies Ltd | Equity | ₹3.19 Cr | 1.16% |
| Varun Beverages Ltd | Equity | ₹2.96 Cr | 1.08% |
| Zomato Ltd | Equity | ₹2.9 Cr | 1.05% |
| Electronics Mart India Ltd | Equity | ₹2.84 Cr | 1.03% |
| Indian Hotels Co Ltd | Equity | ₹2.82 Cr | 1.03% |
| Bharat Heavy Electricals Ltd | Equity | ₹2.82 Cr | 1.02% |
| Ahluwalia Contracts (India) Ltd | Equity | ₹2.79 Cr | 1.02% |
| Persistent Systems Ltd | Equity | ₹2.75 Cr | 1.00% |
| Sobha Ltd | Equity | ₹2.67 Cr | 0.97% |
| Godrej Properties Ltd | Equity | ₹2.65 Cr | 0.96% |
| Timken India Ltd | Equity | ₹2.57 Cr | 0.94% |
| KPIT Technologies Ltd | Equity | ₹2.24 Cr | 0.82% |
| Net Current Assets (Including Cash & Bank Balances) | Cash | ₹-2.21 Cr | 0.80% |
| TD Power Systems Ltd | Equity | ₹2.18 Cr | 0.79% |
| Cholamandalam Investment and Finance Co Ltd | Equity | ₹2.15 Cr | 0.78% |
| Mankind Pharma Ltd | Equity | ₹2.13 Cr | 0.77% |
| Suzlon Energy Ltd | Equity | ₹2.08 Cr | 0.76% |
| Siemens Ltd | Equity | ₹2.04 Cr | 0.74% |
| Future on National Aluminium Co Ltd | Equity - Future | ₹-1.95 Cr | 0.71% |
| National Aluminium Co Ltd | Equity | ₹1.95 Cr | 0.71% |
| Sundaram Finance Ltd | Equity | ₹1.9 Cr | 0.69% |
| Dixon Technologies (India) Ltd | Equity | ₹1.67 Cr | 0.61% |
| Kaynes Technology India Ltd | Equity | ₹1.6 Cr | 0.58% |
| Steel Authority Of India Ltd | Equity | ₹1.58 Cr | 0.57% |
| Future on Steel Authority Of India Ltd | Equity - Future | ₹-1.57 Cr | 0.57% |
| Prudent Corporate Advisory Services Ltd | Equity | ₹1.54 Cr | 0.56% |
| Mahindra Holidays & Resorts India Ltd | Equity | ₹1.48 Cr | 0.54% |
| Bandhan Bank Ltd | Equity | ₹1.41 Cr | 0.51% |
| Future on Bandhan Bank Ltd | Equity - Future | ₹-1.4 Cr | 0.51% |
| Future on Hindustan Petroleum Corp Ltd | Equity - Future | ₹-1.07 Cr | 0.39% |
| Hindustan Petroleum Corp Ltd | Equity | ₹1.07 Cr | 0.39% |
| Future on Zee Entertainment Enterprises Ltd | Equity - Future | ₹-1.02 Cr | 0.37% |
| Zee Entertainment Enterprises Ltd | Equity | ₹1.01 Cr | 0.37% |
| Future on GAIL (India) Ltd | Equity - Future | ₹-0.96 Cr | 0.35% |
| GAIL (India) Ltd | Equity | ₹0.96 Cr | 0.35% |
| ICICI Bank Ltd | Equity | ₹0.77 Cr | 0.28% |
| Future on Abbott India Ltd | Equity - Future | ₹-0.33 Cr | 0.12% |
| Abbott India Ltd | Equity | ₹0.32 Cr | 0.12% |
| Future on Balkrishna Industries Ltd | Equity - Future | ₹-0.22 Cr | 0.08% |
| Balkrishna Industries Ltd | Equity | ₹0.22 Cr | 0.08% |
| Infosys Ltd | Equity | ₹0.18 Cr | 0.07% |
| Future on Aurobindo Pharma Ltd | Equity - Future | ₹-0.14 Cr | 0.05% |
| Aurobindo Pharma Ltd | Equity | ₹0.13 Cr | 0.05% |
| Infosys Limited | Equity - Future | ₹-0.11 Cr | 0.04% |
Allocation By Market Cap (Equity)
Large Cap Stocks
31.82%
Mid Cap Stocks
11.96%
Small Cap Stocks
26.18%
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Industrials | ₹71.47 Cr | 25.99% |
| Consumer Cyclical | ₹25.23 Cr | 9.17% |
| Financial Services | ₹21.23 Cr | 7.72% |
| Technology | ₹18.77 Cr | 6.83% |
| Basic Materials | ₹17.18 Cr | 6.25% |
| Consumer Defensive | ₹16.39 Cr | 5.96% |
| Healthcare | ₹9.87 Cr | 3.59% |
| Real Estate | ₹9.17 Cr | 3.33% |
| Energy | ₹1.07 Cr | 0.39% |
| Communication Services | ₹1.01 Cr | 0.37% |
| Utilities | ₹0.96 Cr | 0.35% |
Risk & Performance Ratios
Standard Deviation
This fund
4.88%
Cat. avg.
4.70%
Lower the better
Sharpe Ratio
This fund
1.65
Cat. avg.
0.86
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
1.70
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 30th April 2024
| ISIN | INF917K01GE4 | Expense Ratio | 0.61% | Exit Load | No Charges | Fund Size | ₹275 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
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 Equity Savings Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Kotak Equity Savings Fund Direct Growth Moderate Risk | 0.7% | 1.0% | ₹5132.18 Cr | 20.4% |
| Kotak Equity Savings Fund Regular Growth Moderate Risk | 1.9% | 1.0% | ₹5132.18 Cr | 19.2% |
| Edelweiss Equity Savings Fund Regular Growth Moderate Risk | 1.6% | 0.0% | ₹389.20 Cr | 16.2% |
| Edelweiss Equity Savings Fund Direct Growth Moderate Risk | 0.6% | 0.0% | ₹389.20 Cr | 17.4% |
| Baroda BNP Paribas Equity Savings Fund Regular Growth Moderately High risk | 2.5% | 1.0% | ₹433.01 Cr | 15.6% |
| Baroda BNP Paribas Equity Savings Fund Direct Growth Moderately High risk | 1.5% | 1.0% | ₹433.01 Cr | 16.7% |
| Tata Equity Savings Fund Regular Growth Moderately High risk | 1.1% | 0.0% | ₹141.56 Cr | 15.3% |
| Bandhan Equity Savings Fund Regular Growth Moderate Risk | 1.4% | 0.0% | ₹113.46 Cr | 10.4% |
| PGIM India Equity Savings Fund Regular Growth Low to Moderate Risk | 1.3% | 0.0% | ₹91.25 Cr | 8.9% |
| Sundaram Equity Savings Fund Regular Growth Moderate Risk | 2.2% | 0.0% | ₹815.59 Cr | 19.1% |
About the AMC
Total AUM
₹1,10,045 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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Still got questions?
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 17-May-2024, is ₹33.13.
What are the returns of HSBC Equity Savings Fund Direct Growth?
The fund has generated 23.71% over the last 1 year and 14.00% 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 42.91% in equities, 22.15% in bonds, and 34.94% 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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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.