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HSBC ELSS Tax saver Fund

ELSSVery HighOPEN-ENDED
Invest Now
NAV as on 9 Nov 2026
₹141.79+0.37%1 day
Return since launch
13.6%
52-week range
₹119.67 — ₹145.31
AUM
₹3,974 Cr

HSBC ELSS Tax saver Fund is a ELSS equity fund from HSBC Mutual Fund with ₹3,974 Cr under management, launched in 2006. Over three years it has returned 7.9% a year, against 11.4% for its category. The expense ratio is 1.99% and the SEBI riskometer reading is Very High.

Performance

Returns

How the fund has done against its category and its benchmark.

Trailing returns
PeriodFundvs categoryCategoryBenchmark
1Y8.0%+7.4 pts0.6%6.0%
2Y6.4%+2.1 pts4.3%3.9%
3Y7.9%−3.5 pts11.4%4.6%
5Y12.9%+3.1 pts9.8%9.3%
7Y14.6%+1.3 pts13.3%12.1%
10Y13.3%+0.4 pts12.9%11.8%

Fund against category

1Y
Fund8.0%
Category0.6%
3Y
Fund7.9%
Category11.4%
5Y
Fund12.9%
Category9.8%

Since launch (5 Jan 2006): 13.6%

Calendar-year returns

Category average
Show as a table
Calendar-year returns
PeriodFundvs categoryCategory
20250.7%−3.8 pts4.5%
202432.7%+12.4 pts20.3%
202328.4%−3.4 pts31.8%
2022-3.0%−6.5 pts3.5%
202130.3%−9.6 pts39.9%
202013.5%−5.2 pts18.7%

Returns over one year are annualised. Shorter periods are absolute.

Costs & terms

Costs and terms

What the fund charges each year, and the rules around putting money in and taking it out.

Costs

1.98%

Expense ratio as on 6 Nov 2026

Charged yearly and already deducted from the NAV.

Base expense
1.63%
Brokerage
0.02%
Transaction charges
0.00%
Statutory levies
0.33%
Exit load
0%
Lock-in
3 years

Terms

Min SIP
₹3,000
Min lumpsum
₹5,000
Plan
GROWTH
Fund type
OPEN-ENDED
Benchmark
NIFTY 500 TRI
Long-term capital gains
After 1 year, returns above ₹1.25 lakh in a financial year are taxed at 12.5%

Risk

Risk

What the riskometer means for this fund, and how its ratios sit against the category.

Very High

Your principal is treated as being at very high risk — typically small cap, sectoral and thematic equity schemes.

Risk ratios
RatioFundCategory avgRead as
Alpha3.994.42Return earned above what the benchmark alone would have given. Higher is better.
Beta1.031.03How hard the fund moves when the market moves. Under 1 is steadier than the market.
Sharpe0.550.55Return earned for each unit of total risk taken. Higher is better.
Sortino0.740.76Return earned for each unit of downside risk. Higher is better.
Std. deviation16.8817.69How widely monthly returns have varied around their own average. Lower is steadier.
Average of 4 category peers

Portfolio

HSBC ELSS Tax saver Fund portfolio

Portfolio as of 30 Sep 2026

Asset allocation

  • Equity99.3%
  • Other0.7%

Market cap split

  • Large48.1%
  • Mid19.0%
  • Small32.9%
P/E
27.02
P/B
3.41

Top holdings

HoldingSectorWeightValue3M chg6M chg1Y chg
Avalon Technologies Ltd.Capital Goods4.51%₹179 Cr+3.75%+2.38%+2.26%
ICICI Bank Ltd.Financial3.84%₹153 Cr+3.89%+3.91%+3.81%
HDFC Bank Ltd.Financial3.34%₹133 Cr+3.66%+3.84%+5.41%
Reliance Industries Ltd.Energy2.84%₹113 Cr+3.02%+3.59%+3.18%
Pearl Global Industries Ltd.Textiles2.79%₹111 Cr+2.14%+1.65%+1.35%
Eternal Ltd.Services2.54%₹101 Cr+2.04%+2.03%+2.51%
Shriram Finance LtdFinancial2.26%₹89.75 Cr+2.67%+2.56%+1.58%
GE Vernova T&D India LtdCapital Goods2.22%₹88.22 Cr+2.54%+2.15%+1.52%
Larsen & Toubro Ltd.Construction2.21%₹87.62 Cr+2.37%+2.66%+2.70%
Karur Vysya Bank Ltd.Financial2.12%₹84.22 Cr+1.88%+2.11%+1.34%

Sectors

  • Financial25.5%
  • Capital Goods17.2%
  • Services6.7%
  • Technology6.4%
  • Energy6.1%
  • Automobile5.9%
  • Construction5.8%
  • Healthcare5.6%

Instruments

  • Repo0.9%

Recent changes

HoldingFromToWeight
National Stock Exchange0.00%0.61%+0.61%
Engineers India Ltd.1.32%1.66%+0.34%
Pearl Global Industries Ltd.2.52%2.79%+0.27%
HDFC Bank Ltd.3.14%3.34%+0.20%
RBL Bank Ltd.1.13%1.28%+0.15%
Pine Labs Ltd.1.30%1.45%+0.15%
Shriram Finance Ltd2.40%2.26%-0.14%
ICICI Bank Ltd.3.97%3.84%-0.13%
Avalon Technologies Ltd.4.38%4.51%+0.13%
Infosys Ltd.1.92%1.79%-0.13%
Eternal Ltd.2.44%2.54%+0.10%
Bikaji Foods International Ltd.0.89%0.79%-0.10%
Godrej Properties Ltd.0.69%0.59%-0.10%
Kei Industries Ltd.0.62%0.52%-0.10%
Cholamandalam Investment and Finance Company Ltd.1.32%1.23%-0.09%
Juniper Green Energy Ltd.0.83%0.91%+0.08%
Max Healthcare Institute Ltd.1.52%1.44%-0.08%
PNB Housing Finance Ltd.1.96%2.04%+0.08%
Amber Enterprises India Ltd.1.01%0.94%-0.07%
Diamond Power Infrastructure Ltd.0.74%0.81%+0.07%
Polycab India Ltd.0.78%0.71%-0.07%
ICICI Prudential Asset Management Company Ltd.0.80%0.87%+0.07%
Mankind Pharma Ltd.0.66%0.73%+0.07%
State Bank of India1.90%1.83%-0.07%
Bharti Airtel Ltd.2.00%2.06%+0.06%
Indian Bank1.30%1.24%-0.06%
Swiggy Ltd.1.03%0.97%-0.06%
Tata Steel Ltd.0.95%1.01%+0.06%
The Indian Hotels Company Ltd.1.23%1.29%+0.06%
Blue Star Ltd.0.55%0.61%+0.06%
Jindal Saw Ltd.1.38%1.32%-0.06%
LTM Limited0.81%0.76%-0.05%
NTPC Ltd.0.98%1.03%+0.05%
Others-0.12%-0.17%-0.05%
Coforge Ltd.0.83%0.78%-0.05%
Schaeffler India Ltd.1.59%1.64%+0.05%
Lemon Tree Hotels Ltd.0.82%0.86%+0.04%
Sun Pharmaceutical Industries Ltd.1.49%1.45%-0.04%
Reliance Industries Ltd.2.87%2.84%-0.03%
Hero Motocorp Ltd.0.94%0.97%+0.03%
Jindal Steel Ltd.1.82%1.85%+0.03%
KPIT Technologies Ltd.0.33%0.30%-0.03%
Mphasis Ltd.0.61%0.58%-0.03%
National Aluminium Company Ltd.0.51%0.48%-0.03%
Trent Ltd.1.04%1.01%-0.03%
ABB India Ltd.0.43%0.40%-0.03%
Vinati Organics Ltd.0.47%0.44%-0.03%
Century Plyboards (India) Ltd.0.69%0.66%-0.03%
Mahindra & Mahindra Ltd.0.82%0.79%-0.03%
Balrampur Chini Mills Ltd.1.62%1.65%+0.03%
Nippon Life India Asset Management Ltd.1.15%1.12%-0.03%
Hindustan Aeronautics Ltd.0.53%0.55%+0.02%
Larsen & Toubro Ltd.2.23%2.21%-0.02%
Oil And Natural Gas Corporation Ltd.0.69%0.71%+0.02%
SBI Funds Management Ltd.0.44%0.42%-0.02%
Sobha Ltd.0.59%0.61%+0.02%
Tata Consumer Products Ltd.0.96%0.94%-0.02%
UNO Minda Ltd.0.72%0.70%-0.02%
Ultratech Cement Ltd.1.07%1.09%+0.02%
TVS Motor Company Ltd.1.87%1.89%+0.02%
GE Vernova T&D India Ltd2.21%2.22%+0.01%
Axis Bank Ltd.1.83%1.84%+0.01%
Bharat Electronics Ltd.0.87%0.86%-0.01%
Craftsman Automation Ltd.1.52%1.51%-0.01%
GSPL Transmission Ltd.0.09%0.10%+0.01%
Gujarat Energy Ltd.0.50%0.51%+0.01%
JSW Energy Ltd.0.95%0.96%+0.01%
Lupin Ltd.0.96%0.95%-0.01%
Manipal Health Enterprises Ltd.0.70%0.69%-0.01%
Safari Industries (India) Ltd.0.97%0.98%+0.01%
Siemens Ltd.0.48%0.47%-0.01%
Syngene International Ltd.0.38%0.37%-0.01%
Tech Mahindra Ltd.1.04%1.03%-0.01%
Thangamayil Jewellery Ltd.1.97%1.96%-0.01%
Triveni Turbine Ltd.0.73%0.72%-0.01%
Karur Vysya Bank Ltd.2.13%2.12%-0.01%
Bharat Heavy Electricals Ltd.1.72%1.72%0.00%
CG Power and Industrial Solutions Ltd.1.01%1.01%0.00%
DOMS Industries Ltd.0.58%0.58%0.00%
Exide Industries Ltd.0.77%0.77%0.00%
Persistent Systems Ltd.1.19%1.19%0.00%

Compare

Similar funds

The rest of the category, so this fund’s numbers have something to sit against.

FundAUMExpense1Y3Y5Y
Category average₹1,617 Cr2.45%9.0%8.1%13.7%
Motilal Oswal ELSS Tax Saver Fund₹4,890 Cr2.07%8.1%8.8%16.0%
Baroda BNP Paribas ELSS Tax Saver Fund₹857 Cr2.46%6.6%7.2%11.9%
WhiteOak Capital ELSS Tax Saver Fund₹481 Cr2.60%10.8%8.6%—
JM ELSS - Tax Saver Fund₹240 Cr2.66%10.6%7.7%13.1%
See all ELSS funds

About

About this fund

The scheme’s own words, its benchmark and the people running it.

Investment objective

The scheme aims to generate long-term capital growth from a diversified portfolio of predominantly equity and equity-related securities.

Fund managers

  • Abhishek GuptaMr. Gupta is a B. Com., PGDM (Finance) CFA (Investments)Prior to joining HSBC Mutual Fund, he has worked with Edelweiss Asset Management Limited, Goldman Sachs, Baer Capital and Deutsche Asset Management.
  • Dipan S. ParikhMr. Parikh has done B.ComHe has been working with HSBC Mutual Fund since 2006
Scheme information document

Tools

Return calculator

What ₹10,000 a month in this fund would have grown to over each period, based on its past returns.

₹
Over the pastTotal investmentWould’ve becomeGrowthReturns
6 months4.77% absolute₹60,000₹62,8624.77%
1 year3.86% annualised₹1,20,000₹1,22,5392.12%
3 years15.48% annualised₹3,60,000₹4,60,39127.89%
5 years11.63% annualised₹6,00,000₹8,16,48936.08%

Returns for 1 year and longer are annualised (CAGR); 6-month figures are absolute. Past returns are not a forecast.

How this is calculated

Each monthly instalment grows at the fund’s annualised return ÷ 12 per month until the end of the period, the same formula as our SIP calculator.

The amount compounds once a year at the fund’s CAGR for that period, the same formula as our lumpsum calculator.

Questions

Frequently asked questions

The things people ask about this scheme.

What is the NAV of HSBC ELSS Tax saver Fund?
The NAV of HSBC ELSS Tax saver Fund is ₹141.79 as on 9 Nov 2026.
What is the expense ratio of HSBC ELSS Tax saver Fund?
The expense ratio of HSBC ELSS Tax saver Fund is 1.99% per year.
What is the minimum SIP amount for HSBC ELSS Tax saver Fund?
You can start a SIP in HSBC ELSS Tax saver Fund with ₹3,000 a month.
What returns has HSBC ELSS Tax saver Fund given?
HSBC ELSS Tax saver Fund has returned 8.0% over 1 year, 7.9% over 3 years and 12.9% over 5 years (annualised).
Is there a lock-in or exit load on HSBC ELSS Tax saver Fund?
Lock-in: 3 years. Exit load: 0%.
How risky is HSBC ELSS Tax saver Fund?
HSBC ELSS Tax saver Fund is rated Very High on the SEBI riskometer and belongs to the ELSS category.
Which fund house manages HSBC ELSS Tax saver Fund?
HSBC ELSS Tax saver Fund is managed by HSBC Mutual Fund, which runs 44 schemes with ₹1,58,065 Cr under management.