HSBC ELSS Tax saver Fund - Regular Growth
💡 Why Pick This Fund? Quantitative Strengths & Watch-outs
- Outperformed category benchmark in 100% of historical 3-year rolling periods.
- Generated +3.2% annualized alpha (excess return) over its benchmark.
- Cost-efficient: expense ratio of 1.97% is lower than category median (2.34%).
- Consistently ranked #3 in its category with an MFIQ quantitative score of 7.3/10.
- Downside capture of 106% indicates larger drops during broader market downturns.
Key Statistics vs Category Median
Trailing Returns Comparison
| Period | Fund Return | Category Median | Difference |
|---|---|---|---|
| 1 Month | +5.81% | +7.77% | -1.96% |
| 3 Months | -0.21% | +0.19% | -0.40% |
| 6 Months | +6.09% | +5.12% | +0.97% |
| 1 Year | +4.79% | +1.89% | +2.90% |
| 3 Years CAGR | +15.95% | +11.88% | +4.07% |
| Since Inception | +15.46% | - | - |
📈 Monthly SIP vs Bank Fixed Deposit (FD) Replay
See how a regular monthly SIP in HSBC ELSS Tax saver Fund compares against a standard 7.0% p.a. Bank Fixed Deposit.
Calendar Year Returns
| Year | Fund | Category Median | Gap |
|---|---|---|---|
| 2026 | +5.33% | +1.20% | +4.13% |
| 2025 | +0.67% | +3.57% | -2.90% |
| 2024 | +32.99% | +19.98% | +13.01% |
| 2023 | +28.37% | +27.84% | +0.53% |
Daily Rolling Returns Summary
| Rolling Window | Minimum | Average | Median | Maximum | % Positive | % Beating Proxy |
|---|---|---|---|---|---|---|
| 1-Year Rolling | -5.63% | +18.72% | +10.18% | +53.64% | 90.5% | 82.3% |
| 3-Year Rolling | +13.67% | +17.33% | +17.25% | +21.02% | 100.0% | 100.0% |
Risk Profile & Deepest Drawdowns
Deepest Market Corrections (Depth >= 10%)
| Peak Date | Trough Date | Fall Depth | Months to Bottom | Recovery Period |
|---|---|---|---|---|
| 2024-12-16 | 2025-02-28 | -19.3% | 2 months | 17 months |
| 2026-08-31 | 2026-10-23 | -10.5% | 2 months | Not yet recovered |
Portfolio & Asset Allocation
Statutory Asset Allocation Mandate (SEBI / SID)
| Instrument Category | Permitted Allocation Range |
|---|---|
| Equity and equity related securities:80% TO 100% Money market instruments and other liquid instruments : 0% TO 20% Units issued by InvITs: 0% TO 10% Units of Gold and Silver ETFs : 0% TO 20% | Per Scheme Mandate |
Investment Objective & Strategy
The investment objective of the Scheme is to generate long-term capital growth from a diversified portfolio of predominantly equity and equity-related securities. There is no assurance that the objective of the Scheme will be realised and the Scheme does not assure or guarantee any returns. For defensive considerations and/or managing liquidity, the Scheme may also invest in money market instruments.
ℹ️ Detailed monthly stock-level holdings for this scheme are updated periodically from asset management company statutory disclosures.
Fund Size Position
Currently managing Rs 4,144 cr (AMFI Daily Fund AUM as of 2026-11-11). Positioned as comfortable relative to ELSS schemes.
Fund Management
Cost & Capital Gains Taxation
From April 2026 the total expense ratio includes brokerage, transaction costs and statutory levies on top of the base fee.
Equity-oriented schemes: 20% short-term capital gains tax if sold within 12 months; 12.5% long-term capital gains tax on gains exceeding ₹1.25 lakh per financial year when held for more than 12 months.
Closest ELSS Peers by Rank
| Scheme | Score | 3Y Return | Expense | Downside | Fund Size | Compare |
|---|---|---|---|---|---|---|
| Motilal Oswal ELSS Tax Saver Fund | 5.8 | +18.09% | 2.07% | 124.4% | Rs 4,931 cr | Compare → |
| DSP ELSS Tax Saver Fund | 7.1 | +14.38% | 1.77% | 95.9% | Rs 17,063 cr | Compare → |
| WhiteOak Capital ELSS Tax Saver Fund | 6.8 | +15.32% | 2.59% | 94.5% | Rs 517 cr | Compare → |
| SBI ELSS Tax Saver FUND | 6.7 | +14.22% | 1.83% | 91.3% | Rs 32,287 cr | Compare → |
| JM ELSS Tax Saver Fund | 4.3 | +15.05% | 2.66% | 102.1% | Rs 245 cr | Compare → |
Frequently Asked Questions about HSBC ELSS Tax saver Fund
What is the expense ratio of HSBC ELSS Tax saver Fund?
HSBC ELSS Tax saver Fund has a total expense ratio (TER) of 1.97% with a base expense ratio of 1.62%, compared to the ELSS category median of 2.34%.
Who manages HSBC ELSS Tax saver Fund?
HSBC ELSS Tax saver Fund is managed by Abhishek Gupta (tenure: 2.7 years since 2024-03-01).
What are the historical returns of HSBC ELSS Tax saver Fund?
HSBC ELSS Tax saver Fund delivered a 3-year CAGR of 15.95%. Its 1-year return stands at +4.79%.
How large is HSBC ELSS Tax saver Fund?
HSBC ELSS Tax saver Fund manages assets of Rs 4,144 cr, placing it in the 'comfortable' size band relative to ELSS peers.
How is HSBC ELSS Tax saver Fund scored on MFIQ?
HSBC ELSS Tax saver Fund holds an MFIQ Score of 7.3/10 (Good), based on a category percentile composite across returns, risk, consistency, and cost.
How risky is HSBC ELSS Tax saver Fund?
HSBC ELSS Tax saver Fund has an official SEBI riskometer rating of Very High. Over the analyzed period, its annualized standard deviation is 16.81% with a maximum historical drawdown of -19.34%.