HSBC Tax Saver Equity Fund - Growth Direct

As on 27 Jan 2025

HSBC Tax Saver Equity Fund - Growth Direct

Q: What kind of returns does HSBC Tax Saver Equity Fund - Growth Direct provide?

HSBC Tax Saver Equity Fund - Growth Direct aims to generate capital appreciation by investing mainly in public sector undertakings (PSUs). Historically, its returns have often shown moderate to high growth rate depending on market conditions. HSBC Tax Saver Equity Fund - Growth Direct had a return of 23.33% over the past 1 year.

Q: How much expense ratio is charged by HSBC Tax Saver Equity Fund - Growth Direct?

The expense ratio for HSBC Tax Saver Equity Fund - Growth Direct, or any other mutual fund, is the yearly fee you pay for managing your investments. As of 27 Jan 2025, the expense ratio charged by HSBC Tax Saver Equity Fund - Growth Direct is typically around 0.5 %. This fee covers fund management, administrative, and other operational costs. It is relatively low compared to actively managed funds, reflecting its direct growth option.

Q: What is the AUM of HSBC Tax Saver Equity Fund - Growth Direct?

As of 27 Jan 2025, the Assets Under Management (AUM) of HSBC Tax Saver Equity Fund - Growth Direct is approximately ₹260.8471 crore. The AUM can fluctuate based on market conditions and investor activity. It indicates the total value of assets managed by the fund.

Q: What is the NAV of HSBC Tax Saver Equity Fund - Growth Direct?

The Net Asset Value (NAV) of HSBC Tax Saver Equity Fund - Growth Direct is updated daily and reflects the per-unit value of the fund's assets. As of 27 Jan 2025 , the NAV is around undefined per unit, but this value might change based on market performance and fund holdings.

Q: What is the PE and PB ratio of HSBC Tax Saver Equity Fund - Growth Direct?

The PE ratio for HSBC Tax Saver Equity Fund - Growth Direct is 57 and the PB ratio is 11.23. The PE ratio is calculated by dividing the market price by the earnings per share, whereas the PB ratio is calculated by dividing the stock price by the book value per share.

Q: What is the exit load of HSBC Tax Saver Equity Fund - Growth Direct?

The exit load for HSBC Tax Saver Equity Fund - Growth Direct is 0% if units are redeemed within 30 days from the date of investment. After this period, no exit load is applicable. This fee is charged to discourage short-term trading and ensure long-term investment.

Equity

NAV

₹ 96.27

CAGR (3 Years)

17.43%

AUM (Cr)

₹ 260.85

Risk

Very High Risk

About HSBC Tax Saver Equity Fund - Growth Direct

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.

Breakdown of this Fund

Aerospace & Defence

1.15%

Alcoholic Beverages

2.55%

Auto Ancillaries

1.79%

Automobile

5.61%

Banks

31.66%

Cables

6.82%

Capital Goods - Electrical Equipment

1.18%

Capital Goods-Non Electrical Equipment

2.37%

Ceramic Products

1.64%

Chemicals

4.49%

Consumer Durables

17.97%

Debt Others

3.76%

Diamond, Gems and Jewellery

7.21%

Entertainment

2.46%

Fertilizers

2.11%

Finance

1.98%

Financial Services

12.62%

FMCG

1.79%

Healthcare

8.87%

Infrastructure Developers & Operators

9.54%

IT - Software

23.29%

Pharmaceuticals

13.74%

Plantation & Plantation Products

1.76%

Readymade Garments/ Apparells

2.08%

Realty

6.90%

Refineries

7.23%

Retail

2.36%

Stock/ Commodity Brokers

5.97%

Telecomm-Service

7.46%

Textiles

1.64%

Market Capitalization

Expense Ratio, Exit Load and Tax

Expense Ratio

0.5

Exit Load

Nil

Stamp Duty

0.005% (from July 1st, 2020)

Tax Implication

Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.