HSBC Tax Saver Equity Fund - Growth - Direct Plan has delivered CAGR and average rolling returns as follows :
1 Year | 3 Year | 5 Year | 9 Year | |
CAGR(%) | 44.8 | 22.09 | 18.15 | 14.29 |
Average Rolling Returns(%) | 17.33 | 14.72 | 12.64 | 14.40 |
The Current NAV of HSBC Tax Saver Equity Fund - Growth - Direct Plan is ₹86.44.
You should look for a fund with better more consistent performance track record. Funds returns likely to be fairly different than its benchmark NIFTY 50 - TRI , as Funds portfolio is somewhat different.
HSBC Tax Saver Equity Fund - Growth - Direct Plan fund’s expense ratio is 1.60%
The process for redemption is
The AUM of HSBC Tax Saver Equity Fund - Growth - Direct Plan is currently ₹229 Crores.
The Top three stocks are ICICI Bank, Infosys and Reliance Industries and account for 16% of its portfolio. Top 5 and 10 stocks of fund account for 25% and 43% of fund’s portfolio respectively.
Top three sectors of HSBC Tax Saver Equity Fund - Growth - Direct Plan fund are BFSI, Construction & Infrastructure and Healthcare accounting for 51% of the total portfolio.
Funds Portfolio Quality is Very Good. It has a large proportion of Green Stocks.Since this is a Equity - ELSS it is comparatively safer to invest in this fund. However, since it has not consistently outperformed its benchmark index on an average 3-year rolling returns basis it is not the most suitable fund for SIP.
The category of HSBC Tax Saver Equity Fund - Growth - Direct Plan Fund is Equity - ELSS.
Gautam Bhupal and Cheenu Gupta manage the HSBC Tax Saver Equity Fund - Growth - Direct Plan Fund.
HSBC Tax Saver Equity Fund - Growth - Direct Plan current PE ratio is 57.67 and PB ratio is 8.73
The asset allocation of HSBC Tax Saver Equity Fund - Growth - Direct Plan is Stocks : 97.75%, Debt : 2.24% and Gold : 0%
The minimum SIP amount for HSBC Tax Saver Equity Fund - Growth - Direct Plan is N/A and minimum lumpsum is ₹500.00
The exit load for HSBC Tax Saver Equity Fund - Growth - Direct Plan is Nil