Hsbc Tax Saver Equity Fund Overview
Category ELSS (Tax Saving) Fund
BMSMONEY Rank 13
BMSMONEY Rating
Gro. Opt. As On: 11-10-2024
NAV ₹93.48(R) +0.45% ₹104.28(D) +0.45%
Returns 1Y 3Y 5Y 7Y 10Y
LumpSum (R) 43.6% 17.22% 21.45% 14.4% 14.44%
LumpSum (D) 44.85% 18.5% 22.87% 15.62% 15.54%
SIP (R) 24.5% 27.27% 24.76% 20.22% 16.75%
SIP (D) 25.61% 28.52% 26.11% 21.49% 17.9%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
0.8 0.42 0.81 1.02% 0.11
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
13.48% -15.31% -12.82% 0.99 9.59%
Top ELSS (Tax Saving) Fund
Fund Name Rank Rating
Motilal Oswal ELSS Tax Saver Fund 1
Sbi Long Term Equity Fund 2
Hdfc Taxsaver 3
JM ELSS Tax Saver Fund 4
ITI ELSS Tax Saver Fund 5
DSP ELSS Tax Saver Fund 6
Franklin India ELSS Tax Saver Fund 7

NAV Date: 11-10-2024

Scheme Name NAV Rupee Change Percent Change
HSBC Tax Saver Equity Fund - IDCW 37.51
0.1700
0.4500%
HSBC Tax Saver Equity Fund - IDCW Direct Plan 41.57
0.1900
0.4500%
HSBC Tax Saver Equity Fund - Growth 93.48
0.4200
0.4500%
HSBC Tax Saver Equity Fund - Growth Direct 104.28
0.4700
0.4500%

Review Date: 11-10-2024

Hsbc Tax Saver Equity Fund has shown good performance in the ELSS (Tax Saving) Fund category. The fund has rank of 13 out of 33 funds in the category. The fund has delivered return of 43.6% in 1 year, 17.22% in 3 years, 21.45% in 5 years and 14.44% in 10 years. The category average for the same periods is 38.39%, 16.85%, 21.7% and 15.3% respectively, which shows good return performance of fund in the category. The fund has exhibited standard deviation of 13.48, VaR of -15.31, Average Drawdown of -5.05, Semi Deviation of 9.59 and Max Drawdown of -12.82. The category average for the same parameters is 12.67, -14.08, -5.23, 8.83 and -12.31 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 ₹14485.0 in 1 year, ₹16642.0 in 3 years and ₹28005.0 in 5 years as of today (11-10-2024).
  2. An SIP of ₹1,000 per month in Hsbc Tax Saver Equity Fund direct growth option would have grown to ₹13607.0 in 1 year, ₹54279.0 in 3 years and ₹114419.0 in 5 years as of today (11-10-2024).
  3. standard deviation of 13.48 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 0.8 which shows average performance of fund in the elss (tax saving) fund category.
  5. The fund has R-square of 0.89, Beta of 0.99 and Jensen's Alpha of 1.02% which exhibit good performance in the elss (tax saving) fund category .


Not able to see in mobile!!! save the chart by clicking on camera icon.

KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
1M Return % 2.68
0.70
-1.80 | 4.66 3 | 40 Very Good
3M Return % 7.14
3.56
-2.12 | 13.08 2 | 40 Very Good
1Y Return % 43.60
38.39
22.59 | 67.76 11 | 40 Good
3Y Return % 17.22
16.85
8.22 | 26.66 14 | 33 Good
5Y Return % 21.45
21.70
15.26 | 35.58 16 | 32 Good
7Y Return % 14.40
15.68
10.84 | 23.94 21 | 29 Average
10Y Return % 14.44
15.30
12.10 | 23.35 11 | 22 Good
15Y Return % 14.25
14.44
11.83 | 16.56 13 | 19 Average
1Y SIP Return % 24.50
16.54
0.75 | 46.53 4 | 40 Very Good
3Y SIP Return % 27.27
25.03
17.58 | 41.33 10 | 33 Good
5Y SIP Return % 24.76
23.98
17.13 | 33.81 12 | 32 Good
7Y SIP Return % 20.22
20.41
14.22 | 29.94 14 | 29 Good
10Y SIP Return % 16.75
17.36
12.85 | 25.34 12 | 22 Good
15Y SIP Return % 15.69
16.21
13.54 | 21.08 13 | 20 Average
Standard Deviation 13.48
12.67
9.62 | 15.47 26 | 33 Average
Semi Deviation 9.59
8.83
6.83 | 10.96 28 | 33 Poor
Max Drawdown % -12.82
-12.31
-22.56 | -6.28 22 | 33 Average
VaR 1 Y % -15.31
-14.08
-20.17 | -11.38 27 | 33 Average
Average Drawdown % -5.05
-5.23
-9.24 | -2.48 15 | 33 Good
Sharpe Ratio 0.80
0.88
0.19 | 1.48 20 | 33 Average
Sterling Ratio 0.81
0.86
0.31 | 1.53 19 | 33 Average
Sortino Ratio 0.42
0.47
0.12 | 0.85 20 | 33 Average
Jensen Alpha % 1.02
1.99
-8.39 | 9.14 17 | 33 Good
Treynor Ratio 0.11
0.12
0.03 | 0.20 20 | 33 Average
Modigliani Square Measure % 17.58
19.11
8.58 | 28.03 22 | 33 Average
Alpha % 0.84
0.59
-7.52 | 9.35 16 | 33 Good
Return data last Updated On : Oct. 11, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Sept. 30, 2024
KPIs: Key Performance Indicators

Rotate the phone! Best viewed in landscape mode on mobile.
KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
1M Return % 2.75 0.78 -1.64 | 4.76 3 | 41
3M Return % 7.37 3.83 -1.84 | 13.42 2 | 41
1Y Return % 44.85 39.95 24.43 | 69.77 11 | 40
3Y Return % 18.50 18.17 9.08 | 28.21 15 | 33
5Y Return % 22.87 23.07 16.24 | 37.78 15 | 32
7Y Return % 15.62 16.91 11.86 | 25.63 22 | 29
10Y Return % 15.54 16.30 12.96 | 24.62 12 | 23
1Y SIP Return % 25.61 17.90 2.33 | 48.33 5 | 40
3Y SIP Return % 28.52 26.41 19.14 | 42.98 10 | 33
5Y SIP Return % 26.11 25.36 18.06 | 35.88 12 | 32
7Y SIP Return % 21.49 21.64 15.15 | 31.85 13 | 29
10Y SIP Return % 17.90 18.35 13.82 | 26.84 12 | 23
Standard Deviation 13.48 12.67 9.62 | 15.47 26 | 33
Semi Deviation 9.59 8.83 6.83 | 10.96 28 | 33
Max Drawdown % -12.82 -12.31 -22.56 | -6.28 22 | 33
VaR 1 Y % -15.31 -14.08 -20.17 | -11.38 27 | 33
Average Drawdown % -5.05 -5.23 -9.24 | -2.48 15 | 33
Sharpe Ratio 0.80 0.88 0.19 | 1.48 20 | 33
Sterling Ratio 0.81 0.86 0.31 | 1.53 19 | 33
Sortino Ratio 0.42 0.47 0.12 | 0.85 20 | 33
Jensen Alpha % 1.02 1.99 -8.39 | 9.14 17 | 33
Treynor Ratio 0.11 0.12 0.03 | 0.20 20 | 33
Modigliani Square Measure % 17.58 19.11 8.58 | 28.03 22 | 33
Alpha % 0.84 0.59 -7.52 | 9.35 16 | 33
Return data last Updated On : Oct. 11, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Sept. 30, 2024
KPIs: Key Performance Indicators

Investment Period Regular Direct
Return % Current Value of ₹ 10000 Return % Current Value of ₹ 10000
1D 0.45 ₹ 10,045.00 0.45 ₹ 10,045.00
1W 2.03 ₹ 10,203.00 2.05 ₹ 10,205.00
1M 2.68 ₹ 10,268.00 2.75 ₹ 10,275.00
3M 7.14 ₹ 10,714.00 7.37 ₹ 10,737.00
6M ₹ ₹
1Y 43.60 ₹ 14,360.00 44.85 ₹ 14,485.00
3Y 17.22 ₹ 16,108.00 18.50 ₹ 16,642.00
5Y 21.45 ₹ 26,427.00 22.87 ₹ 28,005.00
7Y 14.40 ₹ 25,642.00 15.62 ₹ 27,629.00
10Y 14.44 ₹ 38,522.00 15.54 ₹ 42,394.00
15Y 14.25 ₹ 73,758.00 ₹

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 24.50 ₹ 13,538.71 25.61 ₹ 13,606.62
3Y ₹ 36000 27.27 ₹ 53,368.78 28.52 ₹ 54,278.60
5Y ₹ 60000 24.76 ₹ 110,762.70 26.11 ₹ 114,419.28
7Y ₹ 84000 20.22 ₹ 172,745.83 21.49 ₹ 180,728.60
10Y ₹ 120000 16.75 ₹ 289,146.96 17.90 ₹ 307,582.32
15Y ₹ 180000 15.69 ₹ 655,020.90 ₹


Date Hsbc Tax Saver Equity Fund NAV Regular Growth Hsbc Tax Saver Equity Fund NAV Direct Growth
11-10-2024 93.482 104.2841
10-10-2024 93.0621 103.8132
09-10-2024 92.8778 103.6052
08-10-2024 91.772 102.3692
07-10-2024 90.138 100.5441
04-10-2024 91.623 102.1933
03-10-2024 92.2125 102.8483
01-10-2024 94.0567 104.9002
30-09-2024 93.5838 104.3703
27-09-2024 94.4824 105.3649
26-09-2024 94.5248 105.4097
25-09-2024 94.6115 105.5039
24-09-2024 95.0972 106.043
23-09-2024 95.0158 105.9497
20-09-2024 94.0754 104.8936
19-09-2024 93.0438 103.7409
17-09-2024 93.3105 104.0332
16-09-2024 93.1657 103.8693
13-09-2024 92.5234 103.1458
12-09-2024 92.1608 102.7392
11-09-2024 91.046 101.494

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.