Hsbc Tax Saver Equity Fund Overview
Category ELSS (Tax Saving) Fund
BMSMONEY Rank 6
Rating
Growth Option 23-06-2025
NAV ₹94.38(R) +0.4% ₹105.91(D) +0.4%
Returns 1Y 3Y 5Y 7Y 10Y
Lumpsum Regular 12.47% 24.4% 23.72% 14.68% 13.46%
Direct 13.43% 25.64% 25.08% 15.92% 14.57%
Nifty 500 TRI 4.08% 21.53% 22.93% 15.14% 14.03%
SIP (XIRR) Regular 10.46% 19.97% 19.62% 18.62% 15.83%
Direct 11.37% 21.07% 20.85% 19.88% 16.99%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
0.95 0.45 0.77 3.1% 0.15
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
15.22% -18.28% -17.31% 0.97 11.52%
Fund AUM As on: 31/03/2025 232 Cr
Top ELSS (Tax Saving) Fund
Fund Name Rank Rating
Hdfc Taxsaver 1
Sbi Long Term Equity Fund 2
Parag Parikh ELSS Tax Saver Fund 3
Motilal Oswal ELSS Tax Saver Fund 4
DSP ELSS Tax Saver Fund 5
Hsbc Tax Saver Equity Fund 6
Taurus ELSS tax saver fund 7
Franklin India ELSS Tax Saver Fund 8

NAV Date: 23-06-2025

Scheme Name NAV Rupee Change Percent Change
HSBC Tax Saver Equity Fund - IDCW 34.54
0.1400
0.4000%
HSBC Tax Saver Equity Fund - IDCW Direct Plan 38.88
0.1600
0.4000%
HSBC Tax Saver Equity Fund - Growth 94.38
0.3700
0.4000%
HSBC Tax Saver Equity Fund - Growth Direct 105.91
0.4200
0.4000%

Review Date: 23-06-2025

Beginning of Analysis

Hsbc Tax Saver Equity Fund is the 6th ranked fund in the ELSS (Tax Saving) Fund category. The category has total 35 funds. The Hsbc Tax Saver Equity Fund has shown an excellent past performence in ELSS (Tax Saving) Fund. The fund has a Jensen Alpha of 3.1% which is higher than the category average of 1.65%. Here the fund has shown good performance in terms of risk adjusted returns. The fund has a Sharpe Ratio of 0.95 which is higher than the category average of 0.88.
The past performance of the fund may or may not be sustained in the future. The review is not investment advice nor is it a recommendation to buy or sell funds. The ranking is based on proprietary methodology developed by bmsmoney. The methodology is based on the past performance of the funds and does not guarantee future performance.
ELSS (Tax Saving) Mutual Funds are ideal for taxpayers seeking to save taxes under Section 80C while aiming for long-term wealth creation through equity investments. These funds offer a tax deduction of up to ₹1.5 lakh per financial year and have the shortest lock-in period of 3 years among all Section 80C options. However, being equity-oriented, they are subject to market risks and do not offer guaranteed returns. Investors should have a long-term investment horizon and a moderate to high risk tolerance to invest in ELSS funds. Additionally, the tax implications of long-term capital gains should be considered.

Hsbc Tax Saver Equity Fund Return Analysis

The Hsbc Tax Saver Equity Fund has delivered a mixed performance across various time horizons, showcasing both strengths and challenges when compared to its ELSS (Tax Saving) Fund peers and the Nifty 500 TRI benchmark. This analysis examines the fund’s returns over periods ranging from one month to ten years, alongside its Systematic Investment Plan (SIP) performance, highlighting its rankings within the ELSS (Tax Saving) Fund category and its ability to outperform or underperform the benchmark and category averages.

  • The fund has given a return of 2.93%, 9.74 and -0.47 in last one, three and six months respectively. In the same period the category average return was 1.26%, 6.76% and 1.05% respectively.
  • Hsbc Tax Saver Equity Fund has given a return of 13.43% in last one year. In the same period the Nifty 500 TRI return was 4.08%. The fund has given 9.35% more return than the benchmark return.
  • The fund has given a return of 25.64% in last three years and rank 7th out of 35 funds in the category. In the same period the Nifty 500 TRI return was 21.53%. The fund has given 4.11% more return than the benchmark return.
  • Hsbc Tax Saver Equity Fund has given a return of 25.08% in last five years and category average returns is 23.77% in same period. The fund ranked 12th out of 33 funds in the category. In the same period the Nifty 500 TRI return was 22.93%. The fund has given 2.15% more return than the benchmark return.
  • The fund has given a return of 14.57% in last ten years and ranked 12th out of 25 funds in the category. In the same period the Nifty 500 TRI return was 14.03%. The fund has given 0.54% more return than the benchmark return.
  • The fund has given a SIP return of 11.37% in last one year whereas category average SIP return is 5.04%. The fund one year return rank in the category is 1st in 41 funds
  • The fund has SIP return of 21.07% in last three years and ranks 4th in 35 funds. Motilal Oswal ELSS Tax Saver Fund has given the highest SIP return (26.03%) in the category in last three years.
  • The fund has SIP return of 20.85% in last five years whereas category average SIP return is 18.3%.

Hsbc Tax Saver Equity Fund Risk Analysis

  • The fund has a standard deviation of 15.22 and semi deviation of 11.52. The category average standard deviation is 14.18 and semi deviation is 10.34.
  • The fund has a Value at Risk (VaR) of -18.28 and a maximum drawdown of -17.31. The category average VaR is -18.08 and the maximum drawdown is -17.44. The fund has a beta of 0.97 which shows that fund is less volatile than the benchmark.

Standard deviation measures the fund's return volatility and Semi deviation focuses on downside volatility. Value at Risk (VaR) is a measure of the risk of investments. Maximum Drawdown is the maximum loss from a peak to a trough of a portfolio. Beta measures the volatility of the fund compared to the benchmark. A beta of 1 indicates that the fund will move in line with the benchmark. A beta of more than 1 indicates that the fund will be more volatile than the benchmark and vice versa.


  • Very Good Performance in ELSS (Tax Saving) Fund Category
  • Good Performance in ELSS (Tax Saving) Fund Category
  • Poor Performance in ELSS (Tax Saving) Fund Category
  • Very Poor Performance in ELSS (Tax Saving) Fund Category

    • Investors beware: Mutual Fund investments are subject to market risks. Please read the scheme related documents carefully.

    Data Source: www.amfiindia.com

    SEBI Categorization


    KPIs* Fund Nifty 500 TRI Cat. Avg Min | Max Rank (In Cat.) Performance
    1M Return % 2.87 1.15
    1.16
    		0.10 | 2.87 1 | 40 Very Good
    3M Return % 9.53 7.06
    6.43
    		3.74 | 11.58 3 | 40 Very Good
    6M Return % -0.88 3.09
    0.45
    		-7.28 | 5.70 29 | 40 Average
    1Y Return % 12.47 4.08
    3.18
    		-9.68 | 12.47 1 | 40 Very Good
    3Y Return % 24.40 21.53
    21.61
    		14.99 | 31.80 8 | 35 Very Good
    5Y Return % 23.72 22.93
    22.37
    		14.96 | 30.80 12 | 33 Good
    7Y Return % 14.68 15.14
    14.57
    		9.54 | 21.91 14 | 30 Good
    10Y Return % 13.46 14.03
    13.54
    		10.61 | 19.83 12 | 24 Good
    15Y Return % 13.52 12.94
    13.48
    		11.63 | 15.28 10 | 20 Good
    1Y SIP Return % 10.46
    3.86
    		-8.31 | 10.46 1 | 40 Very Good
    3Y SIP Return % 19.97
    15.12
    		6.96 | 24.51 4 | 35 Very Good
    5Y SIP Return % 19.62
    16.97
    		10.18 | 23.88 6 | 33 Very Good
    7Y SIP Return % 18.62
    17.32
    		12.37 | 23.52 9 | 30 Good
    10Y SIP Return % 15.83
    15.75
    		11.52 | 21.49 12 | 24 Good
    15Y SIP Return % 15.03
    15.07
    		12.79 | 19.25 12 | 21 Good
    Standard Deviation 15.22
    14.18
    		10.33 | 19.72 28 | 35 Poor
    Semi Deviation 11.52
    10.34
    		7.59 | 15.37 30 | 35 Poor
    Max Drawdown % -17.31
    -17.44
    		-25.67 | -9.56 18 | 35 Good
    VaR 1 Y % -18.28
    -18.08
    		-26.09 | -13.79 23 | 35 Average
    Average Drawdown % -4.71
    -5.82
    		-9.70 | -3.36 6 | 35 Very Good
    Sharpe Ratio 0.95
    0.88
    		0.39 | 1.43 10 | 35 Good
    Sterling Ratio 0.77
    0.70
    		0.37 | 1.07 9 | 35 Very Good
    Sortino Ratio 0.45
    0.44
    		0.19 | 0.77 14 | 35 Good
    Jensen Alpha % 3.10
    1.65
    		-5.83 | 9.66 10 | 35 Good
    Treynor Ratio 0.15
    0.13
    		0.06 | 0.21 10 | 35 Good
    Modigliani Square Measure % 20.04
    19.39
    		11.26 | 28.20 11 | 35 Good
    Alpha % 2.57
    0.38
    		-6.26 | 10.44 8 | 35 Very Good
    Return data last Updated On : June 23, 2025.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : May 30, 2025
    KPIs: Key Performance Indicators

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    KPIs* Fund Nifty 500 TRI Cat. Avg Min | Max Rank (In Cat.) Performance
    1M Return % 2.93 1.15 1.26 0.20 | 2.93 1 | 41
    3M Return % 9.74 7.06 6.76 4.04 | 12.01 3 | 41
    6M Return % -0.47 3.09 1.05 -6.61 | 6.01 32 | 41
    1Y Return % 13.43 4.08 4.31 -8.69 | 13.43 1 | 41
    3Y Return % 25.64 21.53 22.95 16.94 | 33.40 7 | 35
    5Y Return % 25.08 22.93 23.77 15.88 | 32.81 12 | 33
    7Y Return % 15.92 15.14 15.81 10.49 | 23.66 14 | 30
    10Y Return % 14.57 14.03 14.60 11.45 | 21.09 12 | 25
    1Y SIP Return % 11.37 5.04 -6.85 | 11.37 1 | 41
    3Y SIP Return % 21.07 16.38 8.78 | 26.03 4 | 35
    5Y SIP Return % 20.85 18.30 12.13 | 25.40 6 | 33
    7Y SIP Return % 19.88 18.60 13.27 | 25.41 9 | 30
    10Y SIP Return % 16.99 16.80 12.48 | 23.04 12 | 25
    Standard Deviation 15.22 14.18 10.33 | 19.72 28 | 35
    Semi Deviation 11.52 10.34 7.59 | 15.37 30 | 35
    Max Drawdown % -17.31 -17.44 -25.67 | -9.56 18 | 35
    VaR 1 Y % -18.28 -18.08 -26.09 | -13.79 23 | 35
    Average Drawdown % -4.71 -5.82 -9.70 | -3.36 6 | 35
    Sharpe Ratio 0.95 0.88 0.39 | 1.43 10 | 35
    Sterling Ratio 0.77 0.70 0.37 | 1.07 9 | 35
    Sortino Ratio 0.45 0.44 0.19 | 0.77 14 | 35
    Jensen Alpha % 3.10 1.65 -5.83 | 9.66 10 | 35
    Treynor Ratio 0.15 0.13 0.06 | 0.21 10 | 35
    Modigliani Square Measure % 20.04 19.39 11.26 | 28.20 11 | 35
    Alpha % 2.57 0.38 -6.26 | 10.44 8 | 35
    Return data last Updated On : June 23, 2025.
    Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : May 30, 2025
    KPIs: Key Performance Indicators

    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.


    Date Hsbc Tax Saver Equity Fund NAV Regular Growth Hsbc Tax Saver Equity Fund NAV Direct Growth
    23-06-2025 94.3816 105.9069
    20-06-2025 94.009 105.4827
    19-06-2025 92.9535 104.2964
    18-06-2025 93.7501 105.1882
    17-06-2025 93.8519 105.3003
    16-06-2025 94.3244 105.8285
    13-06-2025 93.7202 105.1445
    12-06-2025 94.1606 105.6366
    11-06-2025 95.3684 106.9896
    10-06-2025 95.0684 106.6509
    09-06-2025 95.2233 106.8227
    06-06-2025 94.4173 105.9124
    05-06-2025 93.7006 105.1064
    04-06-2025 93.002 104.3208
    03-06-2025 92.413 103.6581
    02-06-2025 92.5036 103.7577
    30-05-2025 92.4544 103.6966
    29-05-2025 92.2338 103.4472
    28-05-2025 91.9268 103.1009
    27-05-2025 92.1079 103.302
    26-05-2025 92.4007 103.6284
    23-05-2025 91.7465 102.8888

    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.