1M
6M
1Y
3Y
5Y
All
| NAV: 22 Oct 2024 | ₹102.29 |
| Min. SIP amount | Not Supported |
| Rating | NA |
| Fund size | ₹260.63Cr |
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 | 43.0% | 17.7% | 21.6% | 16.4% |
| Category average | 35.0% | 15.9% | 20.4% | NA |
| Rank with in category | 21 | 21 | 27 | NA |
Understand terms
Holdings (50)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
ICICI Bank Ltd. | Financial | Equity | 6.10% |
Infosys Ltd. | Technology | Equity | 5.91% |
Dixon Technologies (India) Ltd. | Capital Goods | Equity | 4.77% |
HDFC Bank Ltd. | Financial | Equity | 4.61% |
Reliance Industries Ltd. | Energy | Equity | 4.26% |
Multi Commodity Exchange Of India Ltd. | Services | Equity | 4.02% |
Kei Industries Ltd. | Capital Goods | Equity | 3.35% |
Prudent Corporate Advisory Services Ltd. | Financial | Equity | 3.13% |
Larsen & Toubro Ltd. | Construction | Equity | 3.05% |
PB Fintech Ltd. | Services | Equity | 2.91% |
See All
Pros and cons
Category: Equity ELSS
Pros
Exit load is zero
Lower expense ratio: 1.28%
Cons
Lower AUM: 194Cr.
Funds with lower AUM tend to have higher expense ratio
Consistently lower annualised returns than category average for the past 1Y, 3Y and 5Y
Lock-in period: 3Y
Low rating: 2
Expense ratio, exit load and tax
Expense ratio: 1.60%
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 | Not Supported |
| Min. for 2nd investment onwards | Not Supported |
| Min. for SIP | Not Supported |
Fund management
Gautam BhupalJul 2019 - PresentView details
Gautam Bhupal
Jul 2019 - 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
Cheenu GuptaNov 2022 - PresentView details
Cheenu Gupta
Nov 2022 - Present
View details
Education
Ms. Gupta is CFA Charter holder (USA), PGDBM (Finance) & B.E. (I.T)
Experience
Prior to joining HSBC Mutual Fund, she has worked with L&T Mutual Fund, Canara Robeco Mutual Fund, Tata AIA Life Insurance Company as Fund Manager, ING Investment Management as Senior Research Analyst and UTI AMC Ltd. as Research Analyst.
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
Standard Chartered Bank
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,
Email
[email protected]Website
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