Hsbc Tax Saver Equity Fund Overview
Category ELSS (Tax Saving) Fund
BMSMONEY Rank 18
BMSMONEY Rating
Gro. Opt. As On: 19-06-2024
NAV ₹83.77(R) -0.94% ₹93.19(D) -0.94%
Returns 1Y 3Y 5Y 7Y 10Y
LumpSum (R) 41.12% 19.27% 17.75% 12.96% 14.12%
LumpSum (D) 42.42% 20.62% 19.16% 14.16% 15.22%
SIP (R) 26.25% 23.31% 22.72% 17.8% 15.49%
SIP (D) 27.45% 24.59% 24.1% 19.06% 16.64%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
0.73 0.37 0.79 0.68% 0.1
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
13.45% -15.31% -12.82% 0.96 9.63%
Top ELSS (Tax Saving) Fund
Fund Name Rank Rating
SBI Long Term Equity Fund 1
HDFC Taxsaver 2
Quant Tax Plan 3
Motilal Oswal Long Term Equity Fund (Moflte) 4
Bank Of India Tax Advantage Fund 5
Franklin India Taxshield 6
Parag Parikh Tax Saver Fund 7
ITI Long Term Equity Fund 8

NAV Date: 19-06-2024

Scheme Name NAV Rupee Change Percent Change
HSBC Tax Saver Equity Fund - IDCW 33.61
-0.3200
-0.9400%
HSBC Tax Saver Equity Fund - IDCW Direct Plan 37.15
-0.3500
-0.9400%
HSBC Tax Saver Equity Fund - Growth 83.77
-0.8000
-0.9400%
HSBC Tax Saver Equity Fund - Growth Direct 93.19
-0.8900
-0.9400%

Review Date: 19-06-2024

HSBC Tax Saver Equity Fund has shown average performance in the ELSS (Tax Saving) Fund category. The fund has rank of 17 out of 35 funds in the category. The reason for current ranking are good return performance, high risk, and good risk adjusted return performance.
Our ranking methodology employs a composite performance score, taking into account the fund's return, risk, and risk-adjusted performance from the past three years. This composite performance score is then crucial in ranking the funds within the respective category.

Key Points:

  1. An investment of ₹10,000 in HSBC Tax Saver Equity Fund direct growth option would have grown to ₹14242.0 in 1 year, ₹17547.0 in 3 years and ₹24019.0 in 5 years as of today (19-06-2024).
  2. An SIP of ₹1,000 per month in HSBC Tax Saver Equity Fund direct growth option would have grown to ₹13719.0 in 1 year, ₹51441.0 in 3 years and ₹109008.0 in 5 years as of today (19-06-2024).
  3. standard deviation of 13.45 and based on VaR one can expect to lose more than -15.31% of current value of fund in one year.
  4. Sharpe ratio of the fund is 0.93 which shows good performance of fund in the elss (tax saving) fund category.
  5. The fund has R-square of 0.89, Beta of 0.96 and Jensen's Alpha of 1.79% which exhibit average performance in the elss (tax saving) fund category .


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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
3M Return % 12.95
13.27
7.60 | 21.26 19 | 35 Average
6M Return % 20.32
20.27
12.58 | 31.26 15 | 35 Good
1Y Return % 41.12
39.51
23.55 | 58.99 14 | 35 Good
3Y Return % 19.27
19.59
11.15 | 28.00 14 | 33 Good
5Y Return % 17.75
19.11
13.04 | 33.51 17 | 31 Average
7Y Return % 12.96
15.20
11.12 | 24.49 25 | 29 Poor
10Y Return % 14.12
15.65
12.98 | 24.94 14 | 22 Average
15Y Return % 14.98
15.43
12.78 | 17.57 12 | 19 Average
1Y SIP Return % 26.25
26.37
12.13 | 48.39 17 | 35 Good
3Y SIP Return % 23.31
24.19
16.39 | 36.21 13 | 33 Good
5Y SIP Return % 22.72
23.81
16.53 | 37.68 15 | 31 Good
7Y SIP Return % 17.80
19.28
13.03 | 30.80 19 | 29 Average
10Y SIP Return % 15.49
16.95
12.53 | 26.35 13 | 22 Average
15Y SIP Return % 15.03
16.01
13.45 | 21.48 13 | 20 Average
Standard Deviation 13.45
12.71
9.99 | 16.36 27 | 33 Average
Semi Deviation 9.82
9.01
7.16 | 11.67 28 | 33 Poor
Max Drawdown % -12.82
-12.33
-22.81 | -6.28 22 | 33 Average
VaR 1 Y % -15.31
-14.08
-20.17 | -11.38 27 | 33 Average
Average Drawdown % -6.15
-5.57
-11.96 | -2.58 28 | 33 Poor
Sharpe Ratio 0.93
0.95
0.28 | 1.59 17 | 33 Good
Sterling Ratio 0.90
0.93
0.36 | 1.67 19 | 33 Average
Sortino Ratio 0.47
0.51
0.17 | 0.91 20 | 33 Average
Jensen Alpha % 1.79
2.63
-8.40 | 13.97 19 | 33 Average
Treynor Ratio 0.13
0.14
0.04 | 0.23 17 | 33 Good
Modigliani Square Measure % 20.26
20.91
10.22 | 30.40 18 | 33 Good
Alpha % 1.04
0.58
-7.65 | 12.32 14 | 33 Good
Return data last Updated On : June 19, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : March 28, 2024
KPIs: Key Performance Indicators

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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
3M Return % 13.19 13.58 7.89 | 21.61 19 | 35
6M Return % 20.84 20.92 12.90 | 31.71 16 | 35
1Y Return % 42.42 41.02 25.41 | 60.66 15 | 35
3Y Return % 20.62 20.95 12.04 | 29.01 16 | 33
5Y Return % 19.16 20.44 14.01 | 35.74 19 | 31
7Y Return % 14.16 16.43 11.94 | 26.13 24 | 29
10Y Return % 15.22 16.63 13.83 | 26.21 14 | 23
1Y SIP Return % 27.45 27.85 13.19 | 50.30 18 | 35
3Y SIP Return % 24.59 25.56 17.27 | 37.10 15 | 33
5Y SIP Return % 24.10 25.18 17.47 | 39.87 16 | 31
7Y SIP Return % 19.06 20.49 13.96 | 32.68 19 | 29
10Y SIP Return % 16.64 17.94 13.51 | 27.83 14 | 23
Standard Deviation 13.45 12.71 9.99 | 16.36 27 | 33
Semi Deviation 9.82 9.01 7.16 | 11.67 28 | 33
Max Drawdown % -12.82 -12.33 -22.81 | -6.28 22 | 33
VaR 1 Y % -15.31 -14.08 -20.17 | -11.38 27 | 33
Average Drawdown % -6.15 -5.57 -11.96 | -2.58 28 | 33
Sharpe Ratio 0.93 0.95 0.28 | 1.59 17 | 33
Sterling Ratio 0.90 0.93 0.36 | 1.67 19 | 33
Sortino Ratio 0.47 0.51 0.17 | 0.91 20 | 33
Jensen Alpha % 1.79 2.63 -8.40 | 13.97 19 | 33
Treynor Ratio 0.13 0.14 0.04 | 0.23 17 | 33
Modigliani Square Measure % 20.26 20.91 10.22 | 30.40 18 | 33
Alpha % 1.04 0.58 -7.65 | 12.32 14 | 33
Return data last Updated On : June 19, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : March 28, 2024
KPIs: Key Performance Indicators

Investment Period Regular Direct
Return % Current Value of ₹ 10000 Return % Current Value of ₹ 10000
1D -0.94 ₹ 9906.0 -0.94 ₹ 9906.0
1W 0.55 ₹ 10055.0 0.57 ₹ 10057.0
1M - ₹ - - ₹ -
3M 12.95 ₹ 11295.0 13.19 ₹ 11319.0
6M 20.32 ₹ 12032.0 20.84 ₹ 12084.0
1Y 41.12 ₹ 14112.0 42.42 ₹ 14242.0
3Y 19.27 ₹ 16965.0 20.62 ₹ 17547.0
5Y 17.75 ₹ 22637.0 19.16 ₹ 24019.0
7Y 12.96 ₹ 23464.0 14.16 ₹ 25269.0
10Y 14.12 ₹ 37475.0 15.22 ₹ 41220.0
15Y 14.98 ₹ 81179.0 - ₹ -

Disclaimer: Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. Returns for periods above 1 year are annualised.

Investment Period Invested Amount Regular Direct
XIRR % Current Value of Invested Amount XIRR % Current Value of Invested Amount
1Y ₹ 12000 26.2478 ₹ 13645.872 27.452 ₹ 13718.808
3Y ₹ 36000 23.3102 ₹ 50548.752 24.5852 ₹ 51441.264
5Y ₹ 60000 22.719 ₹ 105443.04 24.0994 ₹ 109008.48
7Y ₹ 84000 17.8015 ₹ 158470.872 19.0556 ₹ 165711.672
10Y ₹ 120000 15.4897 ₹ 270154.92 16.6372 ₹ 287356.68
15Y ₹ 180000 15.0343 ₹ 618703.92 - ₹ -


Date NAV Regular Growth NAV Direct Growth
19-06-2024 83.7673 93.1932
18-06-2024 84.5648 94.0783
14-06-2024 83.9463 93.3812
13-06-2024 83.3063 92.6672
12-06-2024 82.6823 91.9708
11-06-2024 81.995 91.2041
10-06-2024 81.8173 91.0043
07-06-2024 81.2139 90.3267
06-06-2024 79.8188 88.773
05-06-2024 78.4598 87.2594
04-06-2024 76.1261 84.662
03-06-2024 81.4123 90.5387
31-05-2024 79.04 87.8942
30-05-2024 78.4173 87.1997
29-05-2024 79.2532 88.1271
28-05-2024 79.6233 88.5365
27-05-2024 80.519 89.5303
24-05-2024 80.4638 89.4626
23-05-2024 80.3662 89.3519
22-05-2024 79.7271 88.6393
21-05-2024 79.6602 88.5628

Fund Launch Date: 20/Nov/2006
Fund Category: ELSS (Tax Saving) Fund
Investment Objective: Aims to provide long term capital appreciation by investing in a diversified portfolio of equity & equity related instruments of companies across various sectors and industries, with no capitalisation bias. The Fund may also invest in fixed income securities. However, there can be no assurance or guarantee that the investment objective of the scheme would be achieved.
Fund Description: An Open Ended Equity Linked Savings Scheme with a statutory lock - in of 3 years and tax benefit.
Fund Benchmark: S&P BSE 200 Total Return Index
Source: Fund FactSheet

Disclaimer: NO INVESTMENT ADVICE. The Content is for informational purposes only.