1M
6M
1Y
3Y
5Y
All
| NAV: 22 Oct 2024 | ₹143.25 |
| Min. SIP amount | ₹500 |
| Rating | 3 |
| Fund size | ₹4,485.23Cr |
Return calculator
Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of ₹0
Would have become ₹ (%)
Returns and rankings
Category: Equity ELSS
Annualised returns
Absolute returns
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund returns | 45.3% | 19.4% | 21.0% | 16.4% |
| Category average | 35.0% | 15.9% | 20.4% | NA |
| Rank with in category | 4 | 7 | 15 | NA |
Understand terms
Holdings (86)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
HDFC Bank Ltd. | Financial | Equity | 4.49% |
ICICI Bank Ltd. | Financial | Equity | 3.28% |
Reliance Industries Ltd. | Energy | Equity | 3.13% |
Infosys Ltd. | Technology | Equity | 2.94% |
Trent Ltd. | Services | Equity | 2.67% |
Larsen & Toubro Ltd. | Construction | Equity | 2.47% |
Persistent Systems Ltd. | Technology | Equity | 2.24% |
Zomato Ltd. | Services | Equity | 2.13% |
Shriram Finance Ltd | Financial | Equity | 2.06% |
KPIT Technologies Ltd. | Technology | Equity | 1.88% |
See All
Pros and cons
Category: Equity ELSS
Pros
Exit load is zero
Lower expense ratio: 1.09%
Consistently higher annualised returns than category average for the past 1Y, 3Y, 5Y and 10Y
1Y category rank: 4
Higher alpha: 3.05
The fund has generated returns higher than benchmark - NIFTY 500 Total Return Index - in the last 3Y
Cons
Lock-in period: 3Y
Expense ratio, exit load and tax
Expense ratio: 1.09%
Inclusive of GST
Exit load
Nil
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
If you redeem within one year, returns are taxed at 20%. If you redeem after one year, returns exceeding Rs 1.25 lakh in a financial year are taxed at 12.5%.
Understand terms
Check past data
Minimum investment amounts
| Min. for 1st investment | ₹500 |
| Min. for 2nd investment onwards | ₹500 |
| Min. for SIP | ₹500 |
Fund management
Gautam BhupalNov 2022 - PresentView details
Gautam Bhupal
Nov 2022 - Present
View details
Education
Mr. Bhupal holds a PGDBM and is a CA, CS and B.Com (Hons)
Experience
Prior to joining HSBC Mutual Fund he was working with IDFC Asset Management Company Ltd., Motilal Oswal Securities Ltd., Infosys Ltd., Vickers Ballas Securities Ltd., SBC Warburg, UTI Securities Ltd.
Also manages these schemes
Abhishek GuptaMar 2024 - PresentView details
Abhishek Gupta
Mar 2024 - Present
View details
Education
Mr. Gupta is a B. Com., PGDM (Finance) CFA (Investments)
Experience
Prior to joining HSBC Mutual Fund, he has worked with Edelweiss Asset Management Limited, Goldman Sachs, Baer Capital and Deutsche Asset Management.
Also manages these schemes
Sonal GuptaJul 2021 - PresentView details
Sonal Gupta
Jul 2021 - Present
View details
Education
Ms. Gupta has done PGDM (IIM Bangalore), CFA and Bachelors in Mechanical Engineering
Experience
Prior to joining HSBC Mutual Fund, she has worked with L&T Investment Management Limited and UBS Securities India Private Limited, Fidelity Investments and PWC
Also manages these schemes
Fund house & investment objective
Fund house contact details
Address
9-11th Floor,NESCO - IT Park Bldg. 3,Western Express Highway, Goregaon East, Mumbai 400063
Phone
NA
Launch Date
27 May 2002
E-mail
NA
HSBC Mutual Fund
Asset Management Company
Custodian
Citibank NA
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,
Email
[email protected]Website
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