Hsbc Elss Tax Saver Fund Overview
Category ELSS (Tax Saving) Fund
BMSMONEY Rank N/A
BMSMONEY Rating N/A
Gro. Opt. As On: 29-10-2024
NAV ₹131.61(R) +0.85% ₹142.63(D) +0.86%
Returns 1Y 3Y 5Y 7Y 10Y
LumpSum (R) 47.43% -% -% -% -%
LumpSum (D) 48.56% -% -% -% -%
SIP (R) 32.25% -% -% -% -%
SIP (D) 33.29% -% -% -% -%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
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: 29-10-2024

Scheme Name NAV Rupee Change Percent Change
HSBC ELSS Tax saver Fund - Regular IDCW Payout 30.91
0.2600
0.8500%
HSBC ELSS Tax saver Fund - Direct IDCW Payout 44.47
0.3800
0.8600%
HSBC ELSS Tax saver Fund - Regular Growth 131.61
1.1200
0.8500%
HSBC ELSS Tax saver Fund - Direct Growth 142.63
1.2100
0.8600%

Review Date: 29-10-2024

A review of the different performance parameters of the fund is as follows:
  1. Returns: It captures the increment in the investment's value during the investment period, articulated as either a percentage or a monetary denomination. We carefully examined four return parameters of this fund to gauge its performance. The return parameters have been divided into three performance groups: the top 25%, parameters below the top 25% but exceeding the average, and parameters below the average mark. Please find the detailed analysis below.
    1. Top 25%: Two return parameters of the HSBC Elss Tax Saver Fund are in the top 25% in the category, as listed below:
      • 6M Return %
      • 1Y Return %
    2. Above Average Below the Top 25%: The HSBC Elss Tax Saver Fund has two return parameters in the category, which are above average but below the top 25%, as shown below:
      • 1M Return %
      • 3M Return %
    3. Below Average: HSBC Elss Tax Saver Fund has no return parameters that are below average in the category.
  2. Risk: The threat of not realizing projected profits or even facing financial loss due to different issues is known as risk. For HSBC Elss Tax Saver Fund, we have analyzed zero risk parameters and divided them into three groups the lowest 25%, below average but above the lowest 25%, and above average, which are described below.
    1. Lowest 25%: HSBC Elss Tax Saver Fund does not have any risk parameters in the lowest 25% of the category. It means high risk compared to other funds in the category.
    2. Below Average but Above the Lowest 25%: HSBC Elss Tax Saver Fund does not have any risk parameters in the below average but above the lowest 25% of the category.
    3. Above Average: HSBC Elss Tax Saver Fund does not have any risk parameters above average; which is a good sign.
  3. Risk Adjusted Performance Parameters: In mutual funds, risk-adjusted performance parameters are evaluation tools that gauge the returns of an investment against the risk taken. They assist investors in comparing various investments, factoring in both risk and returns. We have evaluated zero risk-adjusted performance parameters of the fund.
    1. Top 25% Risk Adjusted Performance Parameters: The fund does not have any risk-adjusted performance parameters that are in the top 25% of the category.
    2. Above Average Below Top 25% Risk Adjusted Performance Parameters: The fund does not have any risk-adjusted performance parameters that are in the above average but below top 25% of the category.
    3. Below Average Risk Adjusted Performance Parameters: The fund does not have any risk-adjusted performance parameters that are in the above average but below top 25% of the category.


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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
1M Return % -5.02
-5.10
-8.25 | -1.34 20 | 40 Good
3M Return % -0.63
-1.35
-6.31 | 5.77 16 | 40 Good
6M Return % 13.94
10.63
1.79 | 19.88 6 | 40 Very Good
1Y Return % 47.43
37.97
21.07 | 63.94 4 | 40 Very Good
1Y SIP Return % 32.25
23.66
7.43 | 48.63 5 | 40 Very Good
Return data last Updated On : Oct. 29, 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

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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
1M Return % -4.96 -5.04 -8.06 | -1.27 20 | 41
3M Return % -0.43 -1.11 -6.06 | 6.09 17 | 41
6M Return % 14.40 11.22 2.32 | 20.59 7 | 41
1Y Return % 48.56 39.52 22.72 | 65.90 4 | 40
1Y SIP Return % 33.29 25.07 8.86 | 50.44 6 | 40
Return data last Updated On : Oct. 29, 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 0.85 ₹ 10,085.00 0.86 ₹ 10,086.00
1W -0.45 ₹ 9,955.00 -0.43 ₹ 9,957.00
1M -5.02 ₹ 9,498.00 -4.96 ₹ 9,504.00
3M -0.63 ₹ 9,937.00 -0.43 ₹ 9,957.00
6M 13.94 ₹ 11,394.00 14.40 ₹ 11,440.00
1Y 47.43 ₹ 14,743.00 48.56 ₹ 14,856.00
3Y ₹ ₹
5Y ₹ ₹
7Y ₹ ₹
10Y ₹ ₹
15Y ₹ ₹

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 32.25 ₹ 14,005.58 33.29 ₹ 14,068.00
3Y ₹ 36000 ₹ ₹
5Y ₹ 60000 ₹ ₹
7Y ₹ 84000 ₹ ₹
10Y ₹ 120000 ₹ ₹
15Y ₹ 180000 ₹ ₹


Date Hsbc Elss Tax Saver Fund NAV Regular Growth Hsbc Elss Tax Saver Fund NAV Direct Growth
29-10-2024 131.6133 142.6304
28-10-2024 130.4976 141.4182
25-10-2024 129.9378 140.8024
24-10-2024 131.6466 142.651
23-10-2024 132.6652 143.7516
22-10-2024 132.2049 143.2498
21-10-2024 135.6758 147.0074
18-10-2024 137.012 148.4456
17-10-2024 136.9969 148.426
16-10-2024 138.9875 150.5795
15-10-2024 139.5992 151.2389
14-10-2024 139.2188 150.8235
11-10-2024 138.1796 149.688
10-10-2024 137.3608 148.7977
09-10-2024 137.2175 148.6392
08-10-2024 135.8118 147.1134
07-10-2024 132.322 143.3301
04-10-2024 135.1604 146.3951
03-10-2024 136.1633 147.4782
01-10-2024 139.1175 150.6714
30-09-2024 138.5721 150.0774

Fund Launch Date: 27/Feb/2006
Fund Category: ELSS (Tax Saving) Fund
Investment Objective: To generate long-term capital growth from a diversified portfolio of predominantly equity and equity-related securities. There is no assurance that the objective of the Scheme will be realised and the Scheme does not assure or guarantee any returns. For defensive considerations and/or managing liquidity, the Scheme may also invest in money market instruments.
Fund Description: An open ended equity linked saving scheme with a statutory lock in of 3 years and tax benefit
Fund Benchmark: Nifty 500 TRI
Source: Fund FactSheet

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