Overview
HSBC Equity Savings Fund Direct Growth
HSBC Mutual Fund
The scheme seeks to generate regular income by predominantly investing in arbitrage opportunities in the cash and derivatives segments of the equity markets and debt and money market instruments and to generate long-term capital appreciation through unhedged exposure to equity and equity related instruments.
Investments in HSBC Equity Savings Fund Direct Growth are subject to market risks. Please read the offer document carefully before investing to understand the potential market risks and rewards.
Latest NAV
₹ 35.1057
Fund Size (AUM)
₹624.03 Cr
Risk
Moderate (Risk rating: 3/10)
Minimum Investment
Lumpsum: ₹ 5000
SIP: ₹500
Launch Date
01-Jan-2013
Expense Ratio
0.61%
Exit Load
Exit load for units in excess of 0.50% of the investment,1% will be charged for redemption within 1 month.
Benchmark
NIFTY Equity Savings Total Return Index
Standard Deviation
7.6
History
Performance & Ratios
1-Year SIP Return
-0.86%
3-Year SIP Return
12.41%
5-Year SIP Return
12.72%
Mean Return
N/A
Alpha
2.75
Beta
0.64
Sharpe Ratio
0.64
Sortino Ratio
0.68
Information Ratio
0.25
Returns
| 1Y | 3Y | 5Y | All Time | |
|---|---|---|---|---|
| Fund Returns | 8.92% | 11.98% | 15.86% | N/A |
| Category Average | 8.41% | 9.11% | 11.94% | N/A |
| Rank Within Category | 12 | 3 | 1 | N/A |
Holdings (120)
| Company | Sector | Instrument | Assets |
|---|---|---|---|
| Kotak Mahindra Bank Ltd. | Financial | Equity | 3.86% |
| Axis Bank Ltd. | Financial | Equity | 3.57% |
| Blue Star Ltd. | Consumer Discretionary | Equity | 3.29% |
| Trent Ltd. | Services | Equity | 3.26% |
| ICICI Bank Ltd. | Financial | Equity | 3.21% |
| GOI | Sovereign | GOI Sec | 3.2% |
| LIC Housing Finance Ltd. | Financial | CP | 3.1% |
| Eternal Ltd. | Services | Equity | 3.07% |
| JIO Financial Services Ltd. | Financial | Equity | 2.9% |
| State Bank of India | Financial | Equity | 2.83% |
Holdings Analysis
Peer Comparison
Peer Comparison
| Fund Name | AUM (₹ Cr) | 1Y Return (%) | 3Y Return (%) | Expense Ratio (%) | Rating |
|---|---|---|---|---|---|
| Kotak Equity Savings Fund Direct Growth | 8043.3 | 9.18 | 12.02 | 0.65 | N/A |
| Edelweiss Equity Savings Fund Direct Growth | 577.29 | 11.51 | 11.28 | 0.6 | N/A |
| DSP Equity Savings Fund Direct Growth | 2517.21 | 12.76 | 11.08 | 0.41 | N/A |
| SBI Equity Savings Fund Direct Growth | 5670.63 | 9.55 | 10.46 | 0.89 | N/A |
| ICICI Prudential Equity Savings Fund Direct Growth | 12854.84 | 9.01 | 8.68 | 0.48 | N/A |
SIP, STP & SWP Details
Systematic Investment Plan (SIP):
Frequency: Monthly
Min Amount: ₹ 500
Multiplier: 1
Systematic Transfer Plan (STP):
Frequency: MONTHLY
Dates: Any day of the month
Min Amount: ₹ 500
Min Installments: 12
Systematic Withdrawal Plan (SWP):
Frequency: MONTHLY
Dates: Any day of the month
Min Amount: ₹ 500
Min Installments: 6
AMC Details
Asset Management Company
HSBC Mutual Fund
HSBC Mutual Fund started their mutual fund on 27/05/2002 and its managing total assets of Rs. 10,912 Cr. Its ranked at 23 as per total assets at end of 30th Sep 2017. HSBC Mutual Fund employs robust strategies to manage market risks, but investments remain subject to market risks. Please read the fund’s documentation for detailed risk management policies.
HSBC Mutual Fund was established on 27th May 2002 has an asset under management of Rs. 10621.84 crore (As of June 2018)
The asset management company believes in providing well-engineered products to its customers and they also target on developing an adequate solution base for their client.
The motto of the company is to connect customers to companies, so that their investor community may prosper. HSBC claims to work in a goal oriented format to bring about the best possible financial services to its investors. In this regard, HSBC offers a wide array of mutual funds across various categories so that may appeal to investors irrespective of their risk appetite, investment duration and even salary.
With a global presence in 26 locations, HSBC aims to bring about the best possible investment service to retail investors.
Launch Date
2002-05-27T00:00:00.334Z
Total AUM
₹ 115577.25 Cr
Address
9-11th Floor,NESCO - IT Park Bldg. 3,Western Express Highway, Goregaon East, Mumbai 400063
Phone
None
Sub Type
Contra
Sub Type Info
Contra funds follow Contrarian strategy which means investing in stocks in contrast to the prevailing sentiment. Minimum investment in equity is 65%.
Tax Impact
Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.
Stamp Duty
0.005% (from July 1st, 2020)
Fund Manager Details
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HSBC Equity Savings Fund Direct Growth
HSBC Mutual Fund
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Frequently Asked Questions
How is the overall rating calculated?
The overall rating for HSBC Equity Savings Fund Direct Growth is an aggregate score based on performance metrics (returns over 1, 3, and 5 years), risk-adjusted returns (Sharpe and Sortino ratios), and consistency relative to its category. Ratings are on a scale of 1 to 5, with 5 being the highest.
What are the top stocks of HSBC Equity Savings Fund Direct Growth?
The top stocks held by HSBC Equity Savings Fund Direct Growth include Kotak Mahindra Bank Ltd., Axis Bank Ltd., Blue Star Ltd..
Which industries does HSBC Equity Savings Fund Direct Growth invest in?
HSBC Equity Savings Fund Direct Growth primarily invests in the following industries: Financial, Consumer Discretionary, Services.
Who is the fund manager of HSBC Equity Savings Fund Direct Growth?
The fund manager of HSBC Equity Savings Fund Direct Growth is Asif Rizwi.
How many years has the fund manager been managing HSBC Equity Savings Fund Direct Growth?
Asif Rizwi: Calculating...
What is the minimum investment for HSBC Equity Savings Fund Direct Growth?
The minimum investment for HSBC Equity Savings Fund Direct Growth is ₹5000 for lumpsum investments and ₹500 for SIPs.
What are the average 1-year returns for HSBC Equity Savings Fund Direct Growth?
Calculating...
What are the average 3-year returns for HSBC Equity Savings Fund Direct Growth?
Calculating...
What is the expense ratio of HSBC Equity Savings Fund Direct Growth, and how does it compare to its category?
The expense ratio of HSBC Equity Savings Fund Direct Growth is 0.61%. The average expense ratio for similar funds in the Hybrid is Calculating....