Hsbc Tax Saver Equity Fund Overview
Category ELSS (Tax Saving) Fund
BMSMONEY Rank 4
BMSMONEY Rating
Gro. Opt. As On: 20-12-2024
NAV ₹94.76(R) -2.01% ₹105.88(D) -2.0%
Returns 1Y 3Y 5Y 7Y 10Y
LumpSum (R) 36.11% 20.55% 19.93% 13.31% 13.74%
LumpSum (D) 37.29% 21.84% 21.31% 14.53% 14.84%
SIP (R) -23.04% 23.26% 23.4% 19.75% 16.7%
SIP (D) -22.3% 24.52% 24.76% 21.04% 17.86%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
0.91 0.48 0.85 5.61% 0.13
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
13.08% -15.31% -12.73% 0.88 9.24%
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
Hsbc Tax Saver Equity Fund 4
DSP ELSS Tax Saver Fund 5
Quantum ELSS Tax Saver Fund 6
JM ELSS Tax Saver Fund 7

NAV Date: 20-12-2024

Scheme Name NAV Rupee Change Percent Change
HSBC Tax Saver Equity Fund - IDCW 38.02
-0.7800
-2.0100%
HSBC Tax Saver Equity Fund - IDCW Direct Plan 42.21
-0.8600
-2.0000%
HSBC Tax Saver Equity Fund - Growth 94.76
-1.9400
-2.0100%
HSBC Tax Saver Equity Fund - Growth Direct 105.88
-2.1600
-2.0000%

Review Date: 20-12-2024

Hsbc Tax Saver Equity Fund has exhibited very good performance in the ELSS (Tax Saving) Fund category. The fund has rank of 4 out of 33 funds in the category. The fund has delivered return of 36.11% in 1 year, 20.55% in 3 years, 19.93% in 5 years and 13.74% in 10 years. The category average for the same periods is 23.27%, 17.87%, 19.02% and 13.92% respectively, which shows good return performance of fund in the category. The fund has exhibited standard deviation of 13.08, VaR of -15.31, Average Drawdown of -4.27, Semi Deviation of 9.24 and Max Drawdown of -12.73. The category average for the same parameters is 13.04, -15.83, -5.26, 9.14 and -11.69 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 ₹13729.0 in 1 year, ₹18085.0 in 3 years and ₹26275.0 in 5 years as of today (20-12-2024).
  2. An SIP of ₹1,000 per month in Hsbc Tax Saver Equity Fund direct growth option would have grown to ₹10496.0 in 1 year, ₹51417.0 in 3 years and ₹110789.0 in 5 years as of today (20-12-2024).
  3. standard deviation of 13.08 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 0.91 which shows good performance of fund in the elss (tax saving) fund category.
  5. The fund has R-square of 0.83, Beta of 0.88 and Jensen's Alpha of 5.61% 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 % 4.61
2.71
-0.34 | 7.00 5 | 40 Very Good
3M Return % 0.72
-5.99
-14.44 | 0.72 1 | 40 Very Good
6M Return % 12.83
2.52
-12.14 | 14.98 2 | 40 Very Good
1Y Return % 36.11
23.27
11.16 | 51.18 3 | 40 Very Good
3Y Return % 20.55
17.87
9.53 | 29.09 7 | 33 Very Good
5Y Return % 19.93
19.02
11.89 | 30.16 12 | 33 Good
7Y Return % 13.31
13.86
8.59 | 20.73 17 | 29 Average
10Y Return % 13.74
13.92
10.55 | 20.37 12 | 23 Good
15Y Return % 14.16
13.97
11.63 | 15.99 9 | 19 Good
1Y SIP Return % -23.04
-33.97
-40.29 | -15.35 2 | 37 Very Good
3Y SIP Return % 23.26
17.26
10.68 | 35.25 3 | 32 Very Good
5Y SIP Return % 23.40
20.14
12.89 | 30.76 6 | 32 Very Good
7Y SIP Return % 19.75
18.09
11.66 | 25.00 8 | 28 Good
10Y SIP Return % 16.70
15.93
11.34 | 19.93 8 | 22 Good
15Y SIP Return % 15.73
15.39
12.91 | 17.72 10 | 19 Good
Standard Deviation 13.08
13.04
10.02 | 16.62 22 | 33 Average
Semi Deviation 9.24
9.14
7.26 | 11.80 21 | 33 Average
Max Drawdown % -12.73
-11.69
-21.18 | -6.28 24 | 33 Average
VaR 1 Y % -15.31
-15.83
-22.63 | -11.90 17 | 33 Good
Average Drawdown % -4.27
-5.26
-7.50 | -3.00 8 | 33 Very Good
Sharpe Ratio 0.91
0.74
0.08 | 1.30 10 | 33 Good
Sterling Ratio 0.85
0.81
0.26 | 1.37 12 | 33 Good
Sortino Ratio 0.48
0.39
0.07 | 0.73 11 | 33 Good
Jensen Alpha % 5.61
3.67
-8.11 | 17.38 10 | 33 Good
Treynor Ratio 0.13
0.46
0.01 | 5.74 10 | 33 Good
Modigliani Square Measure % 19.94
19.74
7.07 | 47.49 13 | 33 Good
Alpha % 3.87
-1.14
-28.62 | 9.74 6 | 33 Very Good
Return data last Updated On : Dec. 20, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Nov. 29, 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 % 4.69 2.81 -0.25 | 7.10 5 | 41
3M Return % 0.94 -5.77 -14.21 | 0.94 1 | 41
6M Return % 13.32 3.03 -11.68 | 15.66 2 | 41
1Y Return % 37.29 24.61 12.47 | 53.00 3 | 41
3Y Return % 21.84 19.20 10.39 | 30.66 7 | 33
5Y Return % 21.31 20.39 12.83 | 32.24 12 | 33
7Y Return % 14.53 15.07 9.58 | 22.41 17 | 29
10Y Return % 14.84 14.95 11.40 | 21.63 12 | 24
1Y SIP Return % -22.30 -33.38 -39.54 | -14.23 2 | 39
3Y SIP Return % 24.52 18.65 11.78 | 36.94 3 | 32
5Y SIP Return % 24.76 21.54 13.82 | 32.36 6 | 32
7Y SIP Return % 21.04 19.32 12.60 | 26.48 6 | 28
10Y SIP Return % 17.86 16.95 12.32 | 21.27 9 | 23
Standard Deviation 13.08 13.04 10.02 | 16.62 22 | 33
Semi Deviation 9.24 9.14 7.26 | 11.80 21 | 33
Max Drawdown % -12.73 -11.69 -21.18 | -6.28 24 | 33
VaR 1 Y % -15.31 -15.83 -22.63 | -11.90 17 | 33
Average Drawdown % -4.27 -5.26 -7.50 | -3.00 8 | 33
Sharpe Ratio 0.91 0.74 0.08 | 1.30 10 | 33
Sterling Ratio 0.85 0.81 0.26 | 1.37 12 | 33
Sortino Ratio 0.48 0.39 0.07 | 0.73 11 | 33
Jensen Alpha % 5.61 3.67 -8.11 | 17.38 10 | 33
Treynor Ratio 0.13 0.46 0.01 | 5.74 10 | 33
Modigliani Square Measure % 19.94 19.74 7.07 | 47.49 13 | 33
Alpha % 3.87 -1.14 -28.62 | 9.74 6 | 33
Return data last Updated On : Dec. 20, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Nov. 29, 2024
KPIs: Key Performance Indicators

Investment Period Regular Direct
Return % Current Value of ₹ 10000 Return % Current Value of ₹ 10000
1D -2.01 ₹ 9,799.00 -2.00 ₹ 9,800.00
1W -3.13 ₹ 9,687.00 -3.11 ₹ 9,689.00
1M 4.61 ₹ 10,461.00 4.69 ₹ 10,469.00
3M 0.72 ₹ 10,072.00 0.94 ₹ 10,094.00
6M 12.83 ₹ 11,283.00 13.32 ₹ 11,332.00
1Y 36.11 ₹ 13,611.00 37.29 ₹ 13,729.00
3Y 20.55 ₹ 17,517.00 21.84 ₹ 18,085.00
5Y 19.93 ₹ 24,814.00 21.31 ₹ 26,275.00
7Y 13.31 ₹ 23,981.00 14.53 ₹ 25,847.00
10Y 13.74 ₹ 36,230.00 14.84 ₹ 39,884.00
15Y 14.16 ₹ 72,874.00 ₹

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 -23.04 ₹ 10,443.52 -22.30 ₹ 10,495.63
3Y ₹ 36000 23.26 ₹ 50,534.14 24.52 ₹ 51,417.25
5Y ₹ 60000 23.40 ₹ 107,219.88 24.76 ₹ 110,788.80
7Y ₹ 84000 19.75 ₹ 169,917.97 21.04 ₹ 177,869.83
10Y ₹ 120000 16.70 ₹ 288,357.12 17.86 ₹ 307,001.40
15Y ₹ 180000 15.73 ₹ 657,732.78 ₹


Date Hsbc Tax Saver Equity Fund NAV Regular Growth Hsbc Tax Saver Equity Fund NAV Direct Growth
20-12-2024 94.7565 105.8824
19-12-2024 96.6961 108.0471
18-12-2024 97.1911 108.5977
17-12-2024 97.6941 109.1571
16-12-2024 98.4165 109.9616
13-12-2024 97.8175 109.2845
12-12-2024 97.7321 109.1865
11-12-2024 98.2569 109.7703
10-12-2024 98.018 109.5007
09-12-2024 97.5719 108.9997
06-12-2024 97.5962 109.0192
05-12-2024 97.162 108.5316
04-12-2024 96.4652 107.7507
03-12-2024 95.667 106.8565
02-12-2024 95.1208 106.2438
29-11-2024 94.2554 105.2698
28-11-2024 93.2285 104.1204
27-11-2024 93.8924 104.8594
26-11-2024 93.3918 104.2978
25-11-2024 93.6734 104.6098
22-11-2024 92.1761 102.9303
21-11-2024 90.5779 101.1432

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.