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HSBC ELSS Tax saver Fund - Direct Plan - Growth

NAVs of 8 Nov 2026

HSBC Mutual Fund · Equity fund · Direct plan · Growth

ELSS (tax saver)Direct · GrowthRisk: Very High

NAV · 6 Nov 2026

₹155.5073 ▲ 0.06%

HSBC Mutual Fund

Fund size₹4,126 crJuly - September 2026

1-month range₹143.05 – 155.51

1 year+4.35%rank 7 of 32

Expense ratio1.20%direct plan, a year

5 years–a year

What the fund does

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.

BenchmarkNifty 500 TRI

Launched27 Feb 2006

Fund houseHSBC Mutual Fund

Fund managersAbhishek GuptaMayank ChaturvediDipan S. Parikh

NAV history

Returns

1 week

+6.24%avg 6.4%

1 month

+2.88%avg 4.8%

3 months

-1.85%avg -0.8%

6 months

+2.75%avg 3.1%

This year

+4.31%avg 0.5%

1 year

+4.35%avg 1.3% · #7/32

3 years (a year)

+16.82%avg 13.0% · #4/31

Bars: this plan; the thin mark is the ELSS (tax saver) average (direct plans, growth option). Over a year: yearly averages (CAGR). Past returns do not guarantee future returns. Information only, not investment advice.

Monthly returns (%)

Year	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec
2024												+0.6
2025	-7.5	-9.2	+8.2	+1.2	+6.4	+3.3	-1.8	-2.6	+1.9	+3.9	+0.1	-1.2
2026	-3.0	+2.0	-10.8	+11.0	+1.6	+2.8	+1.4	+3.3	-5.6	-2.9	+6.2

Each month's change in NAV (the current month to the latest NAV).

What if you had invested?

Amount (₹) Started

Worked out from this plan's actual NAVs. SIP: invested on the first NAV of each month. Taxes and exit loads are not included. Past returns do not guarantee future returns. Information only, not investment advice.

Portfolio as on 31 Oct 2026

Stocks held7880 lines in all

Top 10 stocks29.5%of the fund

Short positions-0.2%sold through derivatives

Net equity99.0%long stocks and derivatives minus shorts

Where the money is

Equity 99.2%Cash & others 0.8%Short -0.2%

Sectors (stocks held)

Banks

16.3%

Electrical Equipment

10.9%

IT - Software

7.4%

Finance

5.2%

Consumer Durables

4.8%

Retailing

4.7%

Auto Components

4.4%

Automobiles

3.8%

Changes since 30 Sept 2026

Share of fund	31 Oct 2026	30 Sept 2026	Change
Stocks held	99.2%	99.3%	-0.08
Short positions	-0.2%	-0.2%	-0.02
Cash & others	0.8%	0.7%	+0.08
Top 10 stocks	29.5%	28.7%	+0.81
Number of stocks	78	80	-2

New stocks 1

Zetwerk Manufacturing Business Limited0.17%

Stocks sold off 3

ABB India Limitedwas 0.40%
KPIT Technologies Limitedwas 0.30%
GSPL Transmission Limitedwas 0.10%

Bought more 5

Infosys Limited+0.42
ICICI Bank Limited+0.36
Bharti Airtel Limited+0.34
Eternal Limited+0.28
Karur Vysya Bank Limited+0.28

Cut back 5

Jindal Saw Ltd-0.40
AVALON TECHNOLOGIES LIMITED-0.35
Shriram Finance Limited-0.30
Engineers India Limited-0.27
SWIGGY LIMITED-0.26

Change is in percentage points. Bought more and cut back list stocks whose share of the fund moved by at least 0.25 points. A share can also move because the price changed, not only because the fund traded.

Stocks held 78

Holding	Sector / type	% of fund
ICICI Bank Limited INE090A01021	Banks	4.20%
AVALON TECHNOLOGIES LIMITED INE0LCL01028	Electrical Equipment	4.16%
HDFC Bank Limited INE040A01034	Banks	3.37%
Reliance Industries Limited INE002A01018	Petroleum Products	2.88%
Eternal Limited INE758T01015	Retailing	2.82%
Pearl Global Industries Limited INE940H01022	Textiles & Apparels	2.69%
Karur Vysya Bank Limited INE036D01028	Banks	2.40%
Bharti Airtel Limited INE397D01024	Telecom - Services	2.40%
Larsen & Toubro Limited INE018A01030	Construction	2.35%
Infosys Limited INE009A01021	IT - Software	2.21%
GE Vernova T&D India Limited INE200A01026	Electrical Equipment	2.20%
TVS Motor Company Limited INE494B01023	Automobiles	1.99%
PNB Housing Finance Limited INE572E01012	Finance	1.99%
Shriram Finance Limited INE721A01047	Finance	1.96%
State Bank of India INE062A01020	Banks	1.90%
Axis Bank Limited INE238A01034	Banks	1.89%
Thangamayil Jewellery Limited INE085J01014	Consumer Durables	1.79%
Jindal Steel Limited INE749A01030	Ferrous Metals	1.79%
Bharat Heavy Electricals Limited INE257A01026	Electrical Equipment	1.66%
Schaeffler India Ltd INE513A01022	Auto Components	1.56%
CRAFTSMAN AUTOMATION LIMITED INE00LO01017	Auto Components	1.53%
Balrampur Chini Mills Limited INE119A01028	Agricultural Food & other Products	1.51%
The Indian Hotels Company Limited INE053A01029	Leisure Services	1.49%
Sun Pharmaceutical Industries Limited INE044A01036	Pharmaceuticals & Biotechnology	1.47%
PERSISTENT SYSTEMS LTD INE262H01021	IT - Software	1.42%
Engineers India Limited INE510A01028	Construction	1.39%
Indian Bank INE562A01011	Banks	1.38%
Max Healthcare Institute Limited INE027H01010	Healthcare Services	1.38%
Pine Labs Limited INE15B701018	Financial Technology (Fintech)	1.33%
Tech Mahindra Limited INE669C01036	IT - Software	1.25%
Cholamandalam Invest & Finance Co Ltd INE121A01024	Finance	1.24%
Trent Limited INE849A01020	Retailing	1.20%
RBL Bank Limited INE976G01028	Banks	1.15%
UltraTech Cement Limited INE481G01011	Cement & Cement Products	1.13%
Tata Consumer Products Limited INE192A01025	Agricultural Food & other Products	1.05%
NTPC Limited INE733E01010	Power	1.04%
JSW Energy Limited INE121E01018	Power	1.01%
Hero MotoCorp Limited INE158A01026	Automobiles	0.99%
CG Power And Industrial Solutions Ltd INE067A01029	Electrical Equipment	0.98%
Nippon Life India Asset Management Ltd INE298J01013	Capital Markets	0.98%
Lupin Limited INE326A01037	Pharmaceuticals & Biotechnology	0.97%
Tata Steel Limited INE081A01020	Ferrous Metals	0.95%
Coforge Limited INE591G01025	IT - Software	0.94%
Lemon Tree Hotels Limited INE970X01018	Leisure Services	0.93%
Jindal Saw Ltd INE324A01032	Industrial Products	0.92%
Amber Enterprises India Limited INE371P01015	Consumer Durables	0.85%
Bharat Electronics Limited INE263A01024	Aerospace & Defense	0.85%
Juniper Green Energy Limited INE05C901015	Power	0.85%
National Stock Exchange of India Limited INE721I01024	Capital Markets	0.84%
SAFARI INDUSTRIES (INDIA) LIMITED INE429E01023	Consumer Durables	0.84%
LTM Limited INE214T01019	IT - Software	0.83%
Diamond Power Infrastructure Limited INE989C01038	Electrical Equipment	0.81%
Mahindra & Mahindra Limited INE101A01026	Automobiles	0.78%
ICICI Prudential AMC Ltd INE346A01027	Capital Markets	0.78%
Mankind Pharma Limited INE634S01028	Pharmaceuticals & Biotechnology	0.75%
Oil & Natural Gas Corporation Limited INE213A01029	Oil	0.74%
Polycab India Limited INE455K01017	Industrial Products	0.71%
SWIGGY LIMITED INE00H001014	Retailing	0.71%
BIKAJI FOODS INTERNATIONAL LIMITED INE00E101023	Food Products	0.70%
MphasiS Limited INE356A01018	IT - Software	0.70%
BLUE STAR LTD INE472A01039	Consumer Durables	0.68%
Manipal Health Enterprises Limited INE459N01021	Healthcare Services	0.67%
UNO Minda Limited INE405E01023	Auto Components	0.67%
KEI Industries Limited INE878B01027	Industrial Products	0.66%
TRIVENI TURBINE LTD. INE152M01016	Electrical Equipment	0.65%
Exide Industries Limited INE302A01020	Auto Components	0.65%
Century Plyboards (India) Limited INE348B01021	Consumer Durables	0.64%
Hindustan Aeronautics Limited INE066F01020	Aerospace & Defense	0.59%
Godrej Properties Limited INE484J01027	Realty	0.59%
Sobha Limited INE671H01015	Realty	0.58%
Doms Industries Limited INE321T01012	Household Products	0.52%
Gujarat Energy Limited INE844O01030	Gas	0.46%
National Aluminium Company Limited INE139A01034	Non - Ferrous Metals	0.46%
Siemens Limited INE003A01024	Electrical Equipment	0.43%
Syngene International Limited INE398R01022	Healthcare Services	0.42%
SBI Funds Management Ltd INE640G01020	Capital Markets	0.39%
Vinati Organics Limited INE410B01037	Chemicals & Petrochemicals	0.38%
Zetwerk Manufacturing Business Limited INE09PO01019	Industrial Manufacturing	0.17%

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Short positions 1

Holding	Sector / type	% of fund
Net Current Assets (including cash & bank balances)	–	-0.19%

Debt, money market and cash 1

Holding	Sector / type	% of fund
Treps	–	1.00%

From the fund house's monthly portfolio (assetmanagement.hsbc.co.in), as on 31 Oct 2026. Percentages are of the fund's net assets; short positions are negative. Published about ten days after each month ends.

Risk

Volatility16.4%yearly, from daily NAVs

Worst fall-18.87%13 Dec 2024 → 28 Feb 2025

RiskometerVery HighVery High

Volatility: how much the NAV moves, as a yearly figure (higher = bumpier). Worst fall: the biggest drop from a high, in the NAV history we hold (from 30 Nov 2022).

Where it can invest (limits from the scheme document)

Equity and equity related securities

80–100%

Money market instruments and other liquid instruments

0–20%

Units issued by InvITs

0–10%

Units of Gold and Silver ETFs

0–20%

The ranges the fund is allowed to hold, not what it holds today.

Fund details

Fund size (average AUM, July - September 2026)	₹4,126 cr across all plans · this plan ₹472 cr
Fund house	HSBC Mutual Fund
Category	Equity · ELSS (tax saver)
Plan	Direct
Option	Growth
Expense ratio (TER)	Direct 1.20% · Regular 1.98% (5 Nov 2026)
Minimum investment	₹500 · additional ₹500
Scheme code (AMFI)	151078
ISIN	INF917K01GP0
NAV date	6 Nov 2026

Scheme details from the fund's scheme summary document filed with AMFI; expense ratios from AMFI's daily filings.

Other plans of this fund

Plan	NAV	1 year
Direct · IDCW	₹40.2416	-3.98%
Regular · Growth	₹141.2740	+3.55%
Regular · IDCW	₹27.2121	-4.80%

Top ELSS (tax saver) funds (direct plans)

Fund	1 year	3 years (a year)
Motilal Oswal ELSS Tax Saver Fund	+7.40%	+20.45%
WhiteOak Capital ELSS Tax Saver Fund	+4.41%	+17.38%
JM ELSS - Tax Saver Fund	+6.04%	+16.90%
HSBC ELSS Tax saver Fund	+4.35%	+16.82%
Baroda BNP Paribas ELSS Tax Saver Fund	+3.82%	+16.17%
Quant ELSS Tax Saver Fund	+11.12%	+15.80%
DSP ELSS Tax Saver Fund	+1.36%	+15.52%
Edelweiss ELSS Tax Saver Fund	+4.62%	+15.16%

All ELSS (tax saver) funds ranked › · Compare with others ›

← All mutual funds

Information only, not investment advice.

What is the NAV of HSBC ELSS Tax saver Fund - Direct Plan - Growth today?

₹155.5073 as of 6 Nov 2026, from AMFI's official NAV data.

What are the returns of HSBC ELSS Tax saver Fund - Direct Plan - Growth?

1 year: 4.35%, 3 years: 16.82% a year

How does HSBC ELSS Tax saver Fund rank in its category?

7 of 32 ELSS (tax saver) funds (direct plans, growth option) by 1-year return.

What is the difference between direct and regular plans?

Both invest in the same portfolio. Direct plans are bought straight from the fund house and pay no distributor commission, so their expenses are lower and their NAV grows slightly faster.