Investment type
HSBC ELSS Tax Saver Fund - Direct (G) is a mutual fund under the Tax Saving Funds category, managed by HSBC Mutual Fund. It was launched on 12 Dec 2001, and has been active for over 24 years. As of 30 Jun 2025 the fund manages assets worth ₹4,251 Crores. The expense ratio is 1.13%.
This fund generated returns of 4.53% in the last 1 year. Since its inception, it has provided an average annual return of 15.52%.
The fund's investments are mainly concentrated in sectors like Banks, IT-Software, Electrical Equipments, Finance and Consumer Durables.
The top five holdings in this fund include prominent companies such as HDFC Bank, ICICI Bank, Reliance Industr, Infosys and Larsen & Toubro.
To generate long-term capital growth from a diversified portfolio of predominantly equity and equity-related securities.
ELSS funds carry moderate to high risk due to their equity exposure, though they also offer tax benefits.
Yes, if you want tax savings and are willing to invest in equities with a three-year lock-in period.
The minimum is three years, but staying invested longer can help maximize returns.
No, ELSS funds have a mandatory lock-in period of three years.
Expense ratios for ELSS funds can vary from 1% to 2%, which is typical for actively managed funds.
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