Hsbc Tax Saver Equity Fund Overview
Category ELSS (Tax Saving) Fund
BMSMONEY Rank 17
BMSMONEY Rating
Gro. Opt. As On: 26-07-2024
NAV ₹87.69(R) +1.39% ₹97.64(D) +1.39%
Returns 1Y 3Y 5Y 7Y 10Y
LumpSum (R) 41.49% 19.89% 20.02% 13.4% 14.35%
LumpSum (D) 42.76% 21.24% 21.44% 14.61% 15.45%
SIP (R) 47.37% 27.18% 23.49% 18.97% 16.24%
SIP (D) 48.65% 28.43% 24.82% 20.22% 17.38%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
0.93 0.47 0.9 1.79% 0.13
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
13.45% -15.31% -12.82% 0.96 9.82%
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
JM Tax Gain Fund 6
ITI Long Term Equity Fund 7
Franklin India Taxshield 8

NAV Date: 26-07-2024

Scheme Name NAV Rupee Change Percent Change
HSBC Tax Saver Equity Fund - IDCW 35.18
0.4800
1.3900%
HSBC Tax Saver Equity Fund - IDCW Direct Plan 38.93
0.5300
1.3900%
HSBC Tax Saver Equity Fund - Growth 87.69
1.2000
1.3900%
HSBC Tax Saver Equity Fund - Growth Direct 97.64
1.3400
1.3900%

Review Date: 26-07-2024

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 fund has delivered return of 41.49% in 1 year, 19.89% in 3 years, 20.02% in 5 years and 14.35% in 10 years. The category average for the same periods is 39.91%, 20.18%, 21.58% and 15.77% respectively, which shows average return performance of fund in the category. The fund has exhibited standard deviation of 13.45, VaR of -15.31, Average Drawdown of -6.15, Semi Deviation of 9.82 and Max Drawdown of -12.82. The category average for the same parameters is 12.71, -14.08, -5.57, 9.01 and -12.33 respectively. The fund has average risk in the category.

Key Points:

  1. An investment of ₹10,000 in HSBC Tax Saver Equity Fund direct growth option would have grown to ₹14276.0 in 1 year, ₹17820.0 in 3 years and ₹26412.0 in 5 years as of today (26-07-2024).
  2. An SIP of ₹1,000 per month in HSBC Tax Saver Equity Fund direct growth option would have grown to ₹14960.0 in 1 year, ₹54185.0 in 3 years and ₹110893.0 in 5 years as of today (26-07-2024).
  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
1M Return % 3.30
3.56
1.50 | 6.29 20 | 35 Average
3M Return % 10.66
11.56
8.82 | 16.41 21 | 35 Average
6M Return % 19.57
20.14
15.39 | 27.68 18 | 35 Good
1Y Return % 41.49
39.91
24.44 | 56.46 13 | 35 Good
3Y Return % 19.89
20.18
11.54 | 28.89 16 | 33 Good
5Y Return % 20.02
21.58
15.49 | 35.49 19 | 32 Average
7Y Return % 13.40
15.52
11.28 | 24.66 25 | 29 Poor
10Y Return % 14.35
15.77
13.22 | 24.50 15 | 22 Average
15Y Return % 14.62
15.19
12.66 | 17.44 13 | 19 Average
1Y SIP Return % 47.37
48.01
33.64 | 64.79 15 | 35 Good
3Y SIP Return % 27.18
28.05
20.20 | 39.75 15 | 33 Good
5Y SIP Return % 23.49
24.53
17.21 | 36.79 17 | 32 Average
7Y SIP Return % 18.97
20.43
14.42 | 31.24 20 | 29 Average
10Y SIP Return % 16.24
17.71
13.37 | 26.65 15 | 22 Average
15Y SIP Return % 15.34
16.38
13.80 | 21.58 14 | 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 : July 26, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : April 30, 2024
KPIs: Key Performance Indicators

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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
1M Return % 3.37 3.65 1.60 | 6.34 20 | 35
3M Return % 10.89 11.86 9.08 | 16.66 22 | 35
6M Return % 20.08 20.78 16.31 | 28.51 19 | 35
1Y Return % 42.76 41.42 26.33 | 58.34 14 | 35
3Y Return % 21.24 21.54 12.42 | 29.75 15 | 33
5Y Return % 21.44 22.94 16.48 | 37.72 21 | 32
7Y Return % 14.61 16.75 12.31 | 26.32 24 | 29
10Y Return % 15.45 16.76 14.09 | 25.77 14 | 23
1Y SIP Return % 48.65 49.61 35.65 | 65.93 18 | 35
3Y SIP Return % 28.43 29.41 21.08 | 40.65 17 | 33
5Y SIP Return % 24.82 25.87 18.11 | 38.88 16 | 32
7Y SIP Return % 20.22 21.64 15.35 | 33.13 19 | 29
10Y SIP Return % 17.38 18.69 14.35 | 28.13 15 | 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 : July 26, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : April 30, 2024
KPIs: Key Performance Indicators

Investment Period Regular Direct
Return % Current Value of ₹ 10000 Return % Current Value of ₹ 10000
1D 1.39 ₹ 10,139.00 1.39 ₹ 10,139.00
1W 1.70 ₹ 10,170.00 1.71 ₹ 10,171.00
1M 3.30 ₹ 10,330.00 3.37 ₹ 10,337.00
3M 10.66 ₹ 11,066.00 10.89 ₹ 11,089.00
6M 19.57 ₹ 11,957.00 20.08 ₹ 12,008.00
1Y 41.49 ₹ 14,149.00 42.76 ₹ 14,276.00
3Y 19.89 ₹ 17,234.00 21.24 ₹ 17,820.00
5Y 20.02 ₹ 24,904.00 21.44 ₹ 26,412.00
7Y 13.40 ₹ 24,109.00 14.61 ₹ 25,968.00
10Y 14.35 ₹ 38,222.00 15.45 ₹ 42,049.00
15Y 14.62 ₹ 77,462.00 ₹

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 47.37 ₹ 14,886.13 48.65 ₹ 14,959.99
3Y ₹ 36000 27.18 ₹ 53,274.49 28.43 ₹ 54,184.68
5Y ₹ 60000 23.49 ₹ 107,386.08 24.82 ₹ 110,893.02
7Y ₹ 84000 18.97 ₹ 165,166.76 20.22 ₹ 172,698.04
10Y ₹ 120000 16.24 ₹ 281,188.32 17.38 ₹ 299,093.40
15Y ₹ 180000 15.34 ₹ 635,408.28 ₹


Date NAV Regular Growth NAV Direct Growth
26-07-2024 87.6868 97.6399
25-07-2024 86.4866 96.3011
24-07-2024 86.549 96.3683
23-07-2024 86.1713 95.9455
22-07-2024 86.2193 95.9966
19-07-2024 86.0512 95.8026
18-07-2024 87.6694 97.6019
16-07-2024 87.9312 97.8887
15-07-2024 87.9833 97.9444
12-07-2024 87.3609 97.2445
11-07-2024 87.2562 97.1257
10-07-2024 87.108 96.9585
09-07-2024 87.4438 97.3299
08-07-2024 86.8161 96.6289
05-07-2024 86.8628 96.674
04-07-2024 86.951 96.7698
03-07-2024 86.4727 96.2352
02-07-2024 86.1097 95.8289
01-07-2024 86.1534 95.8753
28-06-2024 85.4018 95.0321
27-06-2024 85.1357 94.7337
26-06-2024 84.8867 94.4544

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.