HSBC Tax Saver Equity Fund
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.
Growthvine rating: 2/5 — ranked #33 of 57 in category.
Fund basics
| Category | Equity: ELSS |
|---|
| NAV | ₹89.85 (as of 2026-01-23) |
|---|
| AUM | ₹0 Cr |
|---|
| Expense ratio | 0.00% |
|---|
| Riskometer | Very High |
|---|
Performance & risk
| 5-year annualised return | 17.24% |
|---|
| Standard deviation | 0.00% |
|---|
| Max drawdown | −59.14% |
|---|
| Alpha | 0 |
|---|
| Beta | 0 |
|---|
Over 5 years, captured 100.8% of Nifty 500's upside and 102.6% of its downside.
Market cap allocation
| Large cap | 48.4% |
|---|
| Mid cap | 18.3% |
|---|
| Small cap | 33.4% |
|---|
Concentration
| Top 5 holdings | 16.9% |
|---|
| Top 10 holdings | 28.3% |
|---|
| Total holdings | 79 |
|---|
| Index overlap | 36.9% |
|---|
| Active share | 63.1% |
|---|
Top holdings
- Avalon Technologies Limited — 4.4%
- ICICI Bank Ltd. — 4.0%
- HDFC Bank Ltd. — 3.1%
- Reliance Industries Ltd — 2.9%
- Pearl Global Industries Limited — 2.5%
- Eternal Limited — 2.4%
- Shriram Finance Limited — 2.4%
- Larsen & Toubro Limited — 2.2%
- GE Vernova T&D India Limited — 2.2%
- Karur Vysya Bank Ltd. — 2.1%
Top sectors
- Banking & Financial — 17.8%
- Electricals — 11.7%
- Automobile — 8.2%
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|
| 2026 (partial) | −6.0% | Q3 | #30 of 52 |
| 2025 | 0.6% | Q4 (Bottom) | #41 of 51 |
| 2024 | 32.9% | Q1 (Top) | #4 of 51 |
| 2023 | 25.9% | Q3 | #33 of 48 |
| 2022 | −0.3% | Q4 (Bottom) | #35 of 43 |