HSBC ELSS Tax saver Fund - Growth - Direct Plan has delivered CAGR and average rolling returns as follows :
1 Year | 3 Year | 5 Year | 9 Year | |
CAGR(%) | 40.18 | 18.2 | 15.86 | 13.36 |
Average Rolling Returns(%) | 16.96 | 14.48 | 12.56 | 14.21 |
The Current NAV of HSBC ELSS Tax saver Fund - Growth - Direct Plan is ₹119.93.
You should look for a fund with better more consistent performance track record. Funds returns are more likely to be different than its benchmark S&P BSE SENSEX - TRI returns, as Funds portfolio is significantly different.
HSBC ELSS Tax saver Fund - Growth - Direct Plan fund’s expense ratio is 1.12%
The process for redemption is
The AUM of HSBC ELSS Tax saver Fund - Growth - Direct Plan is currently ₹3,674 Crores.
The Top three stocks are Larsen & Toubro, Reliance Industries and HDFC Bank and account for 13% of its portfolio. Top 5 and 10 stocks of fund account for 19% and 32% of fund’s portfolio respectively.
Top three sectors of HSBC ELSS Tax saver Fund - Growth - Direct Plan fund are BFSI, Capital Goods and Construction & Infrastructure accounting for 52% of the total portfolio.
Funds Portfolio Quality is Somewhat Good. It has a large proportion of Green and Orange 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 ELSS Tax saver Fund - Growth - Direct Plan Fund is Equity - ELSS.
Cheenu Gupta and Gautam Bhupal manage the HSBC ELSS Tax saver Fund - Growth - Direct Plan Fund.
HSBC ELSS Tax saver Fund - Growth - Direct Plan current PE ratio is 47.43 and PB ratio is 9.84
The asset allocation of HSBC ELSS Tax saver Fund - Growth - Direct Plan is Stocks : 97.98%, Debt : 2.04% and Gold : 0%
The minimum SIP amount for HSBC ELSS Tax saver Fund - Growth - Direct Plan is ₹1000.00 and minimum lumpsum is ₹500.00
The exit load for HSBC ELSS Tax saver Fund - Growth - Direct Plan is Nil