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HSBC ELSS Tax saver Fund

ELSSVery HighOPEN-ENDED
Invest Now
NAV as on 25 Sep 2026
₹140.32+0.42%1 day
Return since launch
13.7%
52-week range
₹119.67 — ₹145.31
AUM
₹4,229 Cr

HSBC ELSS Tax saver Fund is a ELSS equity fund from HSBC Mutual Fund with ₹4,229 Cr under management, launched in 2006. Over three years it has returned 8.5% a year, against 10.4% for its category. The expense ratio is 1.98% 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
1Y7.2%+7.1 pts0.1%-2.1%
2Y5.8%+5.1 pts0.7%-0.3%
3Y8.5%−1.9 pts10.4%2.7%
5Y13.3%+3.6 pts9.7%8.4%
7Y15.1%+2.1 pts13.0%11.6%
10Y13.5%+1.0 pts12.5%11.3%

Fund against category

1Y
Fund7.2%
Category0.1%
3Y
Fund8.5%
Category10.4%
5Y
Fund13.3%
Category9.7%

Since launch (5 Jan 2006): 13.7%

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

2.00%

Expense ratio as on 25 Sep 2026

Charged yearly and already deducted from the NAV.

Base expense
1.63%
Brokerage
0.03%
Transaction charges
0.00%
Statutory levies
0.34%
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
Alpha4.434.73Return earned above what the benchmark alone would have given. Higher is better.
Beta1.021.09How hard the fund moves when the market moves. Under 1 is steadier than the market.
Sharpe0.700.67Return earned for each unit of total risk taken. Higher is better.
Sortino0.840.92Return earned for each unit of downside risk. Higher is better.
Std. deviation16.4018.33How 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 31 Aug 2026

Asset allocation

  • Equity98.2%
  • Other1.8%

Market cap split

  • Large48.8%
  • Mid19.0%
  • Small32.1%
P/E
28.74
P/B
3.65

Top holdings

HoldingSectorWeightValue3M chg6M chg1Y chg
Avalon Technologies Ltd.Capital Goods4.38%₹185 Cr+3.49%+2.32%+1.89%
ICICI Bank Ltd.Financial3.97%₹168 Cr+3.64%+3.96%+4.02%
HDFC Bank Ltd.Financial3.14%₹133 Cr+3.49%+4.65%+5.50%
Reliance Industries Ltd.Energy2.87%₹122 Cr+3.16%+3.30%+3.21%
Pearl Global Industries Ltd.Textiles2.52%₹107 Cr+1.80%+1.66%+1.33%
Eternal Ltd.Services2.44%₹103 Cr+1.98%+1.93%+2.46%
Shriram Finance LtdFinancial2.40%₹101 Cr+2.49%+2.81%+1.86%
Larsen & Toubro Ltd.Construction2.23%₹94.26 Cr+2.38%+2.87%+2.70%
GE Vernova T&D India LtdCapital Goods2.21%₹93.35 Cr+2.71%+2.01%+1.45%
Karur Vysya Bank Ltd.Financial2.13%₹90.13 Cr+1.88%+2.10%+1.38%

Sectors

  • Financial24.0%
  • Capital Goods17.1%
  • Technology6.7%
  • Services6.6%
  • Energy6.0%
  • Automobile5.9%
  • Healthcare5.7%
  • Construction5.6%

Instruments

  • Repo1.9%

Recent changes

HoldingFromToWeight
Avalon Technologies Ltd.3.43%4.38%+0.95%
Juniper Green Energy Ltd.0.15%0.83%+0.68%
company:57980.00%0.61%+0.61%
Kaynes Technology India Ltd.0.56%0.00%-0.56%
Power Finance Corporation Ltd.0.51%0.00%-0.51%
company:25300.00%0.51%+0.51%
Zensar Technologies Ltd.0.46%0.00%-0.46%
Vishal Mega Mart Ltd.0.44%0.00%-0.44%
Amber Enterprises India Ltd.1.45%1.01%-0.44%
Manipal Health Enterprises Ltd.0.30%0.70%+0.40%
Pearl Global Industries Ltd.2.17%2.52%+0.35%
KPIT Technologies Ltd.0.65%0.33%-0.32%
Swiggy Ltd.0.72%1.03%+0.31%
Mahindra & Mahindra Ltd.1.09%0.82%-0.27%
Shriram Finance Ltd2.66%2.40%-0.26%
HDFC Bank Ltd.3.40%3.14%-0.26%
Bharti Airtel Ltd.2.24%2.00%-0.24%
Balrampur Chini Mills Ltd.1.41%1.62%+0.21%
Tata Consumer Products Ltd.0.75%0.96%+0.21%
Jindal Saw Ltd.1.18%1.38%+0.20%
Nippon Life India Asset Management Ltd.1.34%1.15%-0.19%
Others0.06%-0.12%-0.18%
Engineers India Ltd.1.15%1.32%+0.17%
Pine Labs Ltd.1.13%1.30%+0.17%
Reliance Industries Ltd.3.03%2.87%-0.16%
Craftsman Automation Ltd.1.38%1.52%+0.14%
Lupin Ltd.1.09%0.96%-0.13%
Eternal Ltd.2.32%2.44%+0.12%
Max Healthcare Institute Ltd.1.64%1.52%-0.12%
PNB Housing Finance Ltd.1.85%1.96%+0.11%
Blue Star Ltd.0.65%0.55%-0.10%
Bharat Heavy Electricals Ltd.1.63%1.72%+0.09%
JSW Energy Ltd.1.04%0.95%-0.09%
Jindal Steel Ltd.1.73%1.82%+0.09%
NTPC Ltd.1.07%0.98%-0.09%
Coforge Ltd.0.74%0.83%+0.09%
Trent Ltd.1.12%1.04%-0.08%
Schaeffler India Ltd.1.67%1.59%-0.08%
Sobha Ltd.0.66%0.59%-0.07%
Gujarat Energy Ltd.0.57%0.50%-0.07%
Ultratech Cement Ltd.1.14%1.07%-0.07%
Century Plyboards (India) Ltd.0.75%0.69%-0.06%
ICICI Bank Ltd.4.03%3.97%-0.06%
Indian Bank1.24%1.30%+0.06%
Safari Industries (India) Ltd.1.03%0.97%-0.06%
Kei Industries Ltd.0.56%0.62%+0.06%
Axis Bank Ltd.1.78%1.83%+0.05%
Godrej Properties Ltd.0.74%0.69%-0.05%
Infosys Ltd.1.97%1.92%-0.05%
Lemon Tree Hotels Ltd.0.87%0.82%-0.05%
Oil And Natural Gas Corporation Ltd.0.74%0.69%-0.05%
Sun Pharmaceutical Industries Ltd.1.54%1.49%-0.05%
Tata Steel Ltd.1.00%0.95%-0.05%
Triveni Turbine Ltd.0.78%0.73%-0.05%
Bharat Electronics Ltd.0.83%0.87%+0.04%
Bikaji Foods International Ltd.0.93%0.89%-0.04%
Exide Industries Ltd.0.81%0.77%-0.04%
Tech Mahindra Ltd.1.08%1.04%-0.04%
ICICI Prudential Asset Management Company Ltd.0.84%0.80%-0.04%
UNO Minda Ltd.0.68%0.72%+0.04%
TVS Motor Company Ltd.1.91%1.87%-0.04%
Karur Vysya Bank Ltd.2.16%2.13%-0.03%
CG Power and Industrial Solutions Ltd.0.98%1.01%+0.03%
Cholamandalam Investment and Finance Company Ltd.1.35%1.32%-0.03%
Diamond Power Infrastructure Ltd.0.71%0.74%+0.03%
The Indian Hotels Company Ltd.1.26%1.23%-0.03%
Mankind Pharma Ltd.0.69%0.66%-0.03%
DOMS Industries Ltd.0.60%0.58%-0.02%
Hero Motocorp Ltd.0.96%0.94%-0.02%
Persistent Systems Ltd.1.21%1.19%-0.02%
RBL Bank Ltd.1.15%1.13%-0.02%
SBI Funds Management Ltd.0.46%0.44%-0.02%
Siemens Ltd.0.46%0.48%+0.02%
ABB India Ltd.0.42%0.43%+0.01%
LTM Limited0.80%0.81%+0.01%
State Bank of India1.89%1.90%+0.01%
Syngene International Ltd.0.37%0.38%+0.01%
Thangamayil Jewellery Ltd.1.96%1.97%+0.01%
GE Vernova T&D India Ltd2.21%2.21%0.00%
GSPL Transmission Ltd.0.09%0.09%0.00%
Hindustan Aeronautics Ltd.0.53%0.53%0.00%
Larsen & Toubro Ltd.2.23%2.23%0.00%
Polycab India Ltd.0.78%0.78%0.00%
Vinati Organics Ltd.0.47%0.47%0.00%

Compare

Similar funds

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

FundAUMExpense1Y3Y5Y
Category average₹1,588 Cr2.48%10.9%9.1%15.1%
Motilal Oswal ELSS Tax Saver Fund₹5,134 Cr2.09%16.6%12.5%18.1%
WhiteOak Capital ELSS Tax Saver Fund₹507 Cr2.59%4.3%7.3%—
ITI ELSS Tax Saver Fund₹463 Cr2.57%8.9%7.3%13.1%
JM ELSS - Tax Saver Fund₹248 Cr2.69%13.8%9.4%14.1%

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.
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 months14.27% absolute₹60,000₹68,56214.27%
1 year5.62% annualised₹1,20,000₹1,23,7163.10%
3 years15.27% annualised₹3,60,000₹4,58,81327.45%
5 years11.79% annualised₹6,00,000₹8,20,09836.68%

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 ₹140.32 as on 25 Sep 2026.
What is the expense ratio of HSBC ELSS Tax saver Fund?
The expense ratio of HSBC ELSS Tax saver Fund is 1.98% 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 7.2% over 1 year, 8.5% over 3 years and 13.3% 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 ₹1,44,068 Cr under management.