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(%) | 42.69 | 19.89 | 16.49 | 13.34 |
Average Rolling Returns(%) | 17.04 | 14.65 | 12.58 | 14.41 |
The Current NAV of HSBC Tax Saver Equity Fund - Growth - Direct Plan is ₹87.91.
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 ₹220 Crores.
The Top three stocks are ICICI Bank, Infosys and Larsen & Toubro and account for 18% of its portfolio. Top 5 and 10 stocks of fund account for 28% and 45% of fund’s portfolio respectively.
Top three sectors of HSBC Tax Saver Equity Fund - Growth - Direct Plan fund are BFSI, Construction & Infrastructure and IT 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 46.69 and PB ratio is 7.85
The asset allocation of HSBC Tax Saver Equity Fund - Growth - Direct Plan is Stocks : 99.02%, Debt : 0.99% 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