HSBC Equity Savings Fund Direct Growth
HybridEquity SavingsModerate Risk
Direct
NAV (18-Jun-25)
₹35.990.04%1D
Returns (Since Inception)
9.92%
Rated ★4.5+ on 
Fund Overview
Fund Size
₹655 Cr
Expense Ratio
0.65%
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 12 years, 5 months and 18 days, having been launched on 01-Jan-13.
As of 18-Jun-25, it has a Net Asset Value (NAV) of ₹35.99, Assets Under Management (AUM) of 654.98 Crores, and an expense ratio of 0.65%.
As of 18-Jun-25, it has a Net Asset Value (NAV) of ₹35.99, Assets Under Management (AUM) of 654.98 Crores, and an expense ratio of 0.65%.
- HSBC Equity Savings Fund Direct Growth has given a CAGR return of 9.92% since inception.
- The fund's asset allocation comprises around 68.81% in equities, 20.07% in debts, and 11.13% 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
+3.93%
+6.60% (Cat Avg.)
3 Years
+14.52%
+11.54% (Cat Avg.)
5 Years
+15.57%
+11.90% (Cat Avg.)
10 Years
+9.53%
+8.20% (Cat Avg.)
Since Inception
+9.92%
— (Cat Avg.)
Portfolio Summaryas of 31st May 2025
| Equity | ₹450.67 Cr | 68.81% |
| Debt | ₹131.44 Cr | 20.07% |
| Others | ₹72.87 Cr | 11.13% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Treps | Cash - Repurchase Agreement | ₹23.87 Cr | 3.64% |
| State Bank of India | Equity | ₹23.52 Cr | 3.59% |
| Jio Financial Services Ltd | Equity | ₹22.8 Cr | 3.48% |
| Eternal Ltd | Equity | ₹22.64 Cr | 3.46% |
| HDFC Bank Ltd | Equity | ₹21.99 Cr | 3.36% |
| Trent Ltd | Equity | ₹21.45 Cr | 3.27% |
| 7.06% Govt Stock 2028 | Bond - Gov't/Treasury | ₹19.85 Cr | 3.03% |
| LIC Housing Finance Ltd | Cash - Commercial Paper | ₹19.64 Cr | 3.00% |
| Axis Bank Ltd | Equity | ₹19.22 Cr | 2.94% |
| Kotak Mahindra Bank Ltd | Equity | ₹16.76 Cr | 2.56% |
| Canara Bank | Equity | ₹16.34 Cr | 2.50% |
| 7.04% Govt Stock 2029 | Bond - Gov't/Treasury | ₹16.15 Cr | 2.47% |
| 7.38% Govt Stock 2027 | Bond - Gov't/Treasury | ₹15.97 Cr | 2.44% |
| ICICI Bank Ltd | Equity | ₹15.79 Cr | 2.41% |
| 5.22% Govt Stock 2025 | Bond - Gov't/Treasury | ₹15.35 Cr | 2.34% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹14.49 Cr | 2.21% |
| Godfrey Phillips India Ltd | Equity | ₹14.06 Cr | 2.15% |
| Reliance Industries Ltd | Equity | ₹13 Cr | 1.98% |
| Tata Motors Ltd | Equity | ₹12.7 Cr | 1.94% |
| Punjab National Bank | Equity | ₹12.61 Cr | 1.93% |
| Bharti Airtel Ltd | Equity | ₹12.59 Cr | 1.92% |
| Divi's Laboratories Ltd | Equity | ₹11.9 Cr | 1.82% |
| Bajaj Finance Ltd | Equity | ₹11.01 Cr | 1.68% |
| 7.18% Govt Stock 2033 | Bond - Gov't/Treasury | ₹10.79 Cr | 1.65% |
| 7.32% Govt Stock 2030 | Bond - Gov't/Treasury | ₹10.67 Cr | 1.63% |
| 7.1% Govt Stock 2034 | Bond - Gov't/Treasury | ₹10.65 Cr | 1.63% |
| National Housing Bank | Bond - Corporate Bond | ₹10.22 Cr | 1.56% |
| Rec Limited | Bond - Corporate Bond | ₹10.2 Cr | 1.56% |
| 6.33% Government Of India | Bond - Gov't/Treasury | ₹10.13 Cr | 1.55% |
| Safari Industries (India) Ltd | Equity | ₹9.81 Cr | 1.50% |
| Dixon Technologies (India) Ltd | Equity | ₹8.82 Cr | 1.35% |
| Nippon Life India Asset Management Ltd Ordinary Shares | Equity | ₹8.4 Cr | 1.28% |
| Max Healthcare Institute Ltd Ordinary Shares | Equity | ₹8.34 Cr | 1.27% |
| Bharat Electronics Ltd | Equity | ₹7.69 Cr | 1.17% |
| Mazagon Dock Shipbuilders Ltd | Equity | ₹7.65 Cr | 1.17% |
| Kaynes Technology India Ltd | Equity | ₹7.59 Cr | 1.16% |
| IndusInd Bank Ltd | Equity | ₹7.52 Cr | 1.15% |
| Cholamandalam Investment and Finance Co Ltd | Equity | ₹7.36 Cr | 1.12% |
| LIC Housing Finance Ltd | Equity | ₹7.04 Cr | 1.07% |
| Transformers & Rectifiers (India) Ltd | Equity | ₹6.84 Cr | 1.04% |
| Power Grid Corp Of India Ltd | Equity | ₹6.83 Cr | 1.04% |
| Hindustan Aeronautics Ltd Ordinary Shares | Equity | ₹6.47 Cr | 0.99% |
| Havells India Ltd | Equity | ₹6.41 Cr | 0.98% |
| GE Vernova T&D India Ltd | Equity | ₹6.35 Cr | 0.97% |
| Manappuram Finance Ltd | Equity | ₹6.3 Cr | 0.96% |
| 6.92% Govt Stock 2039 | Bond - Gov't/Treasury | ₹6.3 Cr | 0.96% |
| Mahindra & Mahindra Ltd | Equity | ₹5.95 Cr | 0.91% |
| Sun Pharmaceuticals Industries Ltd | Equity | ₹5.7 Cr | 0.87% |
| 7.37% Govt Stock 2028 | Bond - Gov't/Treasury | ₹5.29 Cr | 0.81% |
| 6.79% Govt Stock 2034 | Bond - Gov't/Treasury | ₹5.23 Cr | 0.80% |
| Steel Authority Of India Ltd | Equity | ₹5.17 Cr | 0.79% |
| Radico Khaitan Ltd | Equity | ₹5.07 Cr | 0.77% |
| Torrent Pharmaceuticals Ltd | Equity | ₹4.6 Cr | 0.70% |
| Tata Steel Ltd | Equity | ₹4.52 Cr | 0.69% |
| ITC Ltd | Equity | ₹4.01 Cr | 0.61% |
| Coforge Ltd | Equity | ₹3.42 Cr | 0.52% |
| Tata Power Co Ltd | Equity | ₹3.23 Cr | 0.49% |
| NTPC Ltd | Equity | ₹2.9 Cr | 0.44% |
| Container Corporation of India Ltd | Equity | ₹2.75 Cr | 0.42% |
| Bandhan Bank Ltd | Equity | ₹2.57 Cr | 0.39% |
| Indian Energy Exchange Ltd | Equity | ₹2.56 Cr | 0.39% |
| Blue Star Ltd | Equity | ₹2.45 Cr | 0.37% |
| Net Current Assets (Including Cash & Bank Balances) | Cash | ₹-1.28 Cr | 0.20% |
| PB Fintech Ltd | Equity | ₹0.88 Cr | 0.13% |
| Trep | Cash | ₹0.8 Cr | 0.12% |
| KEI Industries Ltd | Equity | ₹0.79 Cr | 0.12% |
| BSE Ltd | Equity | ₹0.78 Cr | 0.12% |
| CG Power & Industrial Solutions Ltd | Equity | ₹0.69 Cr | 0.10% |
| ABB India Ltd | Equity | ₹0.6 Cr | 0.09% |
| Bajaj Auto Ltd | Equity | ₹0.58 Cr | 0.09% |
| Medi Assist Healthcare Services Ltd | Equity | ₹0.58 Cr | 0.09% |
| Muthoot Finance Ltd | Equity | ₹0.49 Cr | 0.07% |
| Hitachi Energy India Ltd Ordinary Shares | Equity | ₹0.39 Cr | 0.06% |
| Persistent Systems Ltd | Equity | ₹0.37 Cr | 0.06% |
| Tata Consultancy Services Ltd | Equity | ₹0.36 Cr | 0.06% |
| Indian Hotels Co Ltd | Equity | ₹0.3 Cr | 0.05% |
| Sobha Ltd | Equity | ₹0.27 Cr | 0.04% |
| Global Health Ltd | Equity | ₹0.24 Cr | 0.04% |
| Aurobindo Pharma Ltd | Equity | ₹0.13 Cr | 0.02% |
| Jyoti CNC Automation Ltd | Equity | ₹0.12 Cr | 0.02% |
| United Spirits Ltd | Equity | ₹0.11 Cr | 0.02% |
| ICICI Prudential Life Insurance Co Ltd | Equity | ₹0.1 Cr | 0.02% |
| Prudent Corporate Advisory Services Ltd | Equity | ₹0.08 Cr | 0.01% |
| Infosys Ltd | Equity | ₹0.08 Cr | 0.01% |
| Larsen & Toubro Ltd | Equity | ₹0.04 Cr | 0.01% |
Allocation By Market Cap (Equity)
Large Cap Stocks
46.75%
Mid Cap Stocks
14.65%
Small Cap Stocks
7.41%
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹204.12 Cr | 31.16% |
| Consumer Cyclical | ₹73.43 Cr | 11.21% |
| Industrials | ₹56.82 Cr | 8.67% |
| Healthcare | ₹31.48 Cr | 4.81% |
| Consumer Defensive | ₹23.25 Cr | 3.55% |
| Technology | ₹13.05 Cr | 1.99% |
| Energy | ₹13 Cr | 1.99% |
| Utilities | ₹12.97 Cr | 1.98% |
| Communication Services | ₹12.59 Cr | 1.92% |
| Basic Materials | ₹9.68 Cr | 1.48% |
| Real Estate | ₹0.27 Cr | 0.04% |
Risk & Performance Ratios
Standard Deviation
This fund
7.45%
Cat. avg.
4.84%
Lower the better
Sharpe Ratio
This fund
0.89
Cat. avg.
0.76
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
1.27
Higher the better
Fund Managers
MC
Mahesh Chhabria
Since July 2023
PA
Praveen Ayathan
Since October 2023
CG
Cheenu Gupta
Since July 2021
SG
Sonal Gupta
Since October 2023
MA
Mohd Asif Rizwi
Since February 2025
Additional Scheme Detailsas of 31st May 2025
ISIN | INF917K01GE4 | Expense Ratio | 0.65% | Exit Load | No Charges | Fund Size | ₹655 Cr | Age | 12 years 5 months | 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  |
|---|---|---|---|---|
| WhiteOak Capital Equity Savings Fund Direct Growth Moderate Risk | 0.6% | 0.0% | ₹77.49 Cr | - |
| WhiteOak Capital Equity Savings Fund Regular Growth Moderate Risk | 2.0% | 0.0% | ₹77.49 Cr | - |
| HSBC Equity Savings Fund Direct Growth Moderate Risk | 0.7% | 0.0% | ₹654.98 Cr | 3.9% |
| Invesco India Equity Savings Fund Regular Growth Moderately High risk | 2.3% | 0.0% | ₹414.32 Cr | 5.9% |
| Invesco India Equity Savings Fund Direct Growth Moderately High risk | 0.7% | 0.0% | ₹414.32 Cr | 7.6% |
| Sundaram Equity Savings Fund Direct Growth Moderate Risk | 0.6% | 0.0% | ₹1049.28 Cr | 9.2% |
| LIC MF Equity Savings Fund Direct Growth Moderate Risk | 1.3% | 1.0% | ₹21.56 Cr | 9.6% |
| ICICI Prudential Equity Savings Fund Regular Growth Moderate Risk | 1.0% | 0.0% | ₹13555.23 Cr | 8.5% |
| ICICI Prudential Equity Savings Fund Direct Growth Moderate Risk | 0.5% | 0.0% | ₹13555.23 Cr | 8.9% |
| LIC MF Equity Savings Fund Regular Growth Moderate Risk | 2.4% | 1.0% | ₹21.56 Cr | 8.5% |
About the AMC
Total AUM
₹1,22,950 Cr
Address
16, V N Road, Mumbai, 400 001
Other Funds by HSBC Mutual Fund
Risk Level
Your principal amount will be at Moderate Risk
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What is the current NAV of HSBC Equity Savings Fund Direct Growth?
The NAV of HSBC Equity Savings Fund Direct Growth, as of 18-Jun-2025, is ₹35.99.
What are the returns of HSBC Equity Savings Fund Direct Growth?
The fund has generated 3.93% over the last 1 year and 14.52% 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 68.81% in equities, 20.07% in bonds, and 11.13% 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:-
- Mahesh Chhabria
- Praveen Ayathan
- Cheenu Gupta
- Sonal Gupta
- Mohd Asif Rizwi
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.