Other Funds in the same category are generating better returns
Less expense ratio implies better returns over the long term
Fund has been able to generate better price return than bank FD
Total holdings with red flags is insignificant
Expense RatioExpense Ratio | No LabelNo Label | No LabelNo Label |
---|---|---|
1.10 | 16.48 | 2.30 |
No LabelNo Label | No LabelNo Label | No LabelNo Label |
---|---|---|
1.42 | 14.39 | 2.16 |
PlanPlan | Lock inLock in | Exit LoadExit Load |
---|---|---|
IDCW | 3 yrs | 0.00% |
SIP Inv.SIP Inv. | Min. LumpsumMin. Lumpsum |
---|---|
Allowed | ₹ 500 |
BenchmarkBenchmark |
---|
NIFTY 500 - TRI |
Equity Linked Savings Scheme or ELSS are the equity funds that invest majorly in equity or equity-related instruments. They offer the tax benefits under the new Section 80C of the Income Tax Act 1961.
Returns
Scheme
Ratios
Mutual Fund | 1Y Returns1Y Returns | 3Y CAGR3Y CAGR | Life CAGRLife CAGR |
---|---|---|---|
HSBC ELSS Tax saver Fund(IDCW) | 32.05% | 9.36% | 8.14% |
Axis ELSS Tax Saver Fund(IDCW) | 25.38% | 2.94% | 14.27% |
SBI Long Term Equity Fund(IDCW) | 54.11% | 19.70% | 10.52% |
Mirae Asset ELSS Tax Saver Fund(IDCW) | 36.38% | 8.22% | 14.63% |
Actual
Target
Dec 2023
Mar 2024
Jun 2024
Aug 2024
Dec 2023
Mar 2024
Jun 2024
Aug 2024
Dec 2023
Mar 2024
Jun 2024
Aug 2024
Equity
Others
Holdings
4.30 %
Holdings
3.67 %
Holdings
3.21 %
HSBC Global Asset Management (India) Private Limited is one of the leading AMCs in the investment market of the country. It serves more than 1 million customers through its 1000 plus offices spread all over India. It operates with a total corpus of Rs. 11553.0387 Crore as of 2019
No.of Schemes
43
Total AUM
₹ 1,26,463.93 Cr.
Abhishek Gupta
AUM: ₹13,622.03 Cr.
|
Exp: 16yrs
Gautam Bhupal
AUM: ₹37,247.52 Cr.
|
Exp: —
Manager Performance (0)
Gains are treated as long-term capital gains and taxed at 10%
Investment frequency
Monthly
One Time
Monthly Investment Amt. (₹)
Investment period (years)
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Returns
Other Funds in the same category are generating better returns