HSBC Tax Saver Equity Fund

Q: What are the returns of this mutual fund scheme?

The HSBC Tax Saver Equity Fund is a 19 yrs old fund and has delivered average annual returns of 12.59% since inception. HSBC Tax Saver Equity Fund Returns 1-Year 3-Year 5-Year 10-Year Since Inception 0.47% 17.72% 18.89% 13.86% 12.59%

Q: How much does this mutual fund charge as expense ratio?

The HSBC Tax Saver Equity Fund has an expense ratio of 2.5% , representing the annual cost of managing and operating the fund. This fee is deducted from the fund's AUM while declaring the daily NAV, reducing investor returns.

NAV as of Dec 04, 2025	Returns since inception	ET Money Rank	AUM (Fund size)
₹95.6686-0.07% 1 day change	12.59% p.a.	App exclusive #NA View Ranked Funds	₹246 Cr

Historical NAV & returns

NAV: ₹95.6686 as on Dec 04, 2025

This fund Category average

HSBC Tax Saver Equity Fund overview

AUM (Fund size)	₹246 Cr
Exit load	0%
Lock-in Period	3 Years
Age	19 yrs since Nov 20, 2006
Benchmark	NIFTY 500 TRI
Min. investment	SIP: ₹1000 & Lumpsum: ₹5000
Expense ratio	2.5% as on Nov 30, 2025
Plan type	Regular
Risk	Very High
Short term capital gains (STCG)	Returns taxed at 20% if you redeem before 1 year
Long term capital gains (LTCG)	After 1 year, returns above ₹1.25 lakh in a financial year are taxed at 12.5%

HSBC Tax Saver Equity Fund Returns calculator

Investment type

Monthly investment

₹ 10,000

Investment period

Lumpsum investment

₹1 lakh

Investment period

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.

Total investment ₹ 12 lakh
Profit ₹12 lakhs
Total corpus ₹1 lakh
Absolute return 52.69%

Asset allocationas on Oct 31, 2025

Large Cap 49.5%

Mid Cap 23.18%

Small Cap 20.98%

Other Cap 0%

Top holdings

ICICI Bank Ltd.6.82%

HDFC Bank Ltd.5.56%

Multi Commodity Exchange Of India Ltd.4.96%

Reliance Industries Ltd.4.54%

Top sectors

Financial 23.150000000000002%

Services 12.07%

Healthcare 10.98%

Capital Goods 9.38%

Credit quality

Bifurcation by Credit Quality is not available for this fund

Top Debt Holdings

Bifurcation by Holding is not available for this fund

Allocation by Instruments

Repo 6.58%

Other Holdings

Others 6.58%

Detailed portfolio analysis

Peer comparison

Fund name	1M	6M	1Y	3Y	5Y	10Y
HSBC Tax Saver Equity Fund	-0.27%	4.01%	0.47%	17.72%	18.89%	13.86%
HDFC ELSS Tax Saver Fund	-0.12%	5.95%	7.58%	19.92%	23.17%	14.45%
SBI ELSS Tax Saver Fund	0.37%	4.58%	2.88%	22.28%	22.82%	15.13%
Parag Parikh ELSS Tax Saver Fund	-0.04%	2.28%	4.1%	15.97%	19.16%	12.28%
DSP ELSS Tax Saver Fund	1.05%	4.68%	3.85%	18.6%	20.62%	16.21%
Franklin India ELSS Tax Saver Fund	-0.69%	3.1%	0.89%	16.77%	19.83%	13.67%

Fund name	Std. deviation	Beta	Sharpe	Sortino
HSBC Tax Saver Equity Fund	13.97	0.96	0.81	1.03
HDFC ELSS Tax Saver Fund	11.17	0.83	1.15	1.88
SBI ELSS Tax Saver Fund	13.03	0.95	1.16	1.88
Parag Parikh ELSS Tax Saver Fund	9.38	0.66	0.98	1.52
DSP ELSS Tax Saver Fund	13.09	0.97	0.92	1.79
Franklin India ELSS Tax Saver Fund	12.54	0.94	0.84	1.23

Fund name	ETM Rank	AUM	Fund age	Expense ratio
HSBC Tax Saver Equity Fund	N.A.	246 Cr	19 yrs	2.5%
HDFC ELSS Tax Saver Fund	N.A.	17,194 Cr	29 yrs 11 m	1.7%
SBI ELSS Tax Saver Fund	N.A.	31,783 Cr	18 yrs 7 m	1.57%
Parag Parikh ELSS Tax Saver Fund	N.A.	5,791 Cr	6 yrs 5 m	1.72%
DSP ELSS Tax Saver Fund	N.A.	17,241 Cr	19 yrs	1.61%
Franklin India ELSS Tax Saver Fund	N.A.	6,788 Cr	26 yrs 8 m	1.81%

View all Elss funds

Key risk & return ratios Compared to other funds in the category

Alpha	2.68 vs. 5.55 Underperformed at beating benchmark
Sharpe	0.81 vs. 6.11 Poor risk-adjusted returns
Beta	0.96 vs. 0.94 More sensitive to market's ups & downs
Standard deviation	13.97 vs. 12.29 More volatile performance

Compare HSBC Tax Saver Equity Fund in detail with

About this fund

About HSBC Tax Saver Equity Fund

HSBC Tax Saver Equity Fund is a ELSS mutual fund scheme from Hsbc Mutual Fund. This fund has been in existence for 19 yrs, having been launched on 20/11/2006. HSBC Tax Saver Equity Fund has ₹246 Crores worth of assets under management (AUM) as on 31/10/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of HSBC Tax Saver Equity Fund as of 04/12/2025 is ₹95.67. The fund has an expense ratio of 2.5%, which is higher than what most other Elss funds charge.

HSBC Tax Saver Equity Fund returns of last 1-year are -0.83%. Since launch, it has delivered 12.67% average annual returns. The fund has doubled the money invested in it every 5 yrs.
HSBC Tax Saver Equity Fund scheme's ability to deliver returns consistently is in-line with most funds of its category. Its ability to control losses in a falling market is average.
The fund has the majority of its money invested in Financial, Services, Healthcare, Capital Goods, Consumer Discretionary sectors. It has taken less exposure in Financial, Services sectors compared to other funds in the category.
The fund's top 5 holdings are in ICICI Bank Ltd., HDFC Bank Ltd., Multi Commodity Exchange Of India Ltd., Reliance Industries Ltd., Bharti Airtel Ltd..

...

Fund AUM	246 Cr as on Oct 31, 2025
Scheme document	View Scheme Document

Fund managers

Gautam Bhupal

Mr. Bhupal holds a PGDBM and is a CA, CS and B.Com (Hons) Prior to joining HSBC Mutual Fund he was working with IDFC Asset Management Company Ltd., Motilal Oswal Securities Ltd., Infosys Ltd., Vickers Ballas Securities Ltd., SBC Warburg, UTI Securities Ltd.

Investment objective

The scheme 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.

HSBC Mutual Fund details

No. of schemes	44 view all schemes
Total AUM	1,36,405 Cr as on Sep 30, 2025
Address	9-11th Floor, NESCO - IT Park Bldg. 3, Western Express Highway, Goregaon East, Mumbai, 400063

More funds from HSBC Mutual Fund

Fund name	ETM Rank	AUM	1Y	5Y
HSBC Small Cap Fund	N.A.	16,548 Cr	-11.68%	25.71%
HSBC Infrastructure Fund	N.A.	2,372 Cr	-8.03%	25.56%
HSBC Value Fund	N.A.	14,342 Cr	3.16%	23.43%
HSBC Midcap Fund	N.A.	12,370 Cr	1.44%	21.54%
HSBC Business Cycles Fund	N.A.	1,161 Cr	-4.12%	20.86%
HSBC Large and Mid Cap Fund	N.A.	4,613 Cr	-1.72%	19.18%

See all Equity funds from this AMC

Frequently asked questions

What is the current NAV of HSBC Tax Saver Equity Fund?

The current Net Asset Value (NAV) of the HSBC Tax Saver Equity Fund plan is approximately ₹95.6686 as of Dec 04, 2025.

What are the returns of this mutual fund scheme?

The HSBC Tax Saver Equity Fund is a 19 yrs old fund and has delivered average annual returns of 12.59% since inception.

HSBC Tax Saver Equity Fund Returns

1-Year	3-Year	5-Year	10-Year	Since Inception
0.47%	17.72%	18.89%	13.86%	12.59%

How much does this mutual fund charge as expense ratio?

The HSBC Tax Saver Equity Fund has an expense ratio of 2.5%, representing the annual cost of managing and operating the fund. This fee is deducted from the fund's AUM while declaring the daily NAV, reducing investor returns.

What is the AUM or fund size of this mutual fund?

The HSBC Tax Saver Equity Fund currently has assets under management (AUM) or fund size valued at approximately 246 Cr as on Oct 31, 2025.

What are the top stock holdings of HSBC Tax Saver Equity Fund?

The HSBC Tax Saver Equity Fund has invested the majority of its money in the stocks of the following companies -

Company	Percentage of Portfolio
ICICI Bank Ltd.	6.82%
HDFC Bank Ltd.	5.56%
Multi Commodity Exchange Of India Ltd.	4.96%
Reliance Industries Ltd.	4.54%
Bharti Airtel Ltd.	4.36%
Infosys Ltd.	3.76%
TVS Motor Company Ltd.	3.28%
State Bank of India	3.26%
Dixon Technologies (India) Ltd.	2.93%
PB Fintech Ltd.	2.91%

What are the top sectors HSBC Tax Saver Equity Fund has invested in?

The HSBC Tax Saver Equity Fund has primarily invested in the following sectors

Sector	Percentage of Portfolio
Financial	23.150000000000002%
Services	12.07%
Healthcare	10.98%
Capital Goods	9.38%
Consumer Discretionary	6.28%
Construction	4.84%
Technology	4.699999999999999%
Energy	4.54%
Automobile	4.42%
Communication	4.36%

What is risk level of HSBC Tax Saver Equity Fund?

This is a Elss fund comes with Very High risk.

Is there any lock-in period in this mutual fund?

Yes, this fund comes with a mandatory lock-in period of 3 years.

How can I redeem my investments in HSBC Tax Saver Equity Fund?

Redeeming your investments in the HSBC Tax Saver Equity Fund is simple. If you have invested via ET Money, just log in to the app, go to the holdings section, and submit the redemption request.

If you have invested from anywhere else, you can go to the fund house website and put a request through it.

ET Money rank

App exclusive

in ELSS

#NA

Return Outperformance: This fund has generated highest return amongst ELSS funds in the last 10 Years.
Exit Load: This fund has no exit load.
Volatility Protection: This fund ranks lower in terms of protecting against volatility within its category.
Chance: This fund has generated only 9.83% annual return in 70% of times for investors holding for at least 5 years.
Return/Risk: The fund is performing poorly than its category.