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 #30 of 57 in category.
Fund basics
| Category | Equity: ELSS |
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| NAV | ₹89.85 (as of 2026-01-23) |
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| AUM | ₹0 Cr |
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| Expense ratio | 0.00% |
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| Riskometer | Very High |
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Performance & risk
| 5-year annualised return | 17.24% |
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| Standard deviation | 0.00% |
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| Max drawdown | -59.14% |
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| Alpha | 0 |
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| Beta | 0 |
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Over 5 years, captured 101.9% of Nifty 500's upside and 102.6% of its downside.
Market cap allocation
| Large cap | 49.9% |
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| Mid cap | 17.9% |
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| Small cap | 32.2% |
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Concentration
| Top 5 holdings | 16.6% |
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| Top 10 holdings | 27.7% |
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| Total holdings | 81 |
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| Index overlap | 37.9% |
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| Active share | 62.1% |
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Top holdings
- ICICI Bank Ltd. — 4.0%
- Avalon Technologies Limited — 3.4%
- HDFC Bank Ltd. — 3.4%
- Reliance Industries Ltd — 3.0%
- Shriram Finance Limited — 2.7%
- Eternal Limited — 2.3%
- Bharti Airtel Ltd. — 2.2%
- Larsen & Toubro Limited — 2.2%
- GE Vernova T&D India Limited — 2.2%
- Pearl Global Industries Limited — 2.2%
Top sectors
- Banking & Financial — 18.3%
- Automobile — 8.5%
- Electricals — 8.0%
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|
| 2026 (partial) | -6.0% | Q4 (Bottom) | #47 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 |