How to Invest in HSBC Equity Savings Fund Direct Growth?

You can easily invest in HSBC Equity Savings Fund Direct Growth in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps: Log on to your Groww account Search for HSBC Equity Savings Fund Direct Growth from the search box In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete Once you are done with that, you can start investing in HSBC Equity Savings Fund Direct Growth as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does HSBC Equity Savings Fund Direct Growth provide?

The HSBC Equity Savings Fund Direct Growth has been there from 01 Jan 2013 and the average annual returns provided by this fund is 15.16% since its inception.

How much expense ratio is charged by HSBC Equity Savings Fund Direct Growth?

The term Expense Ratio used for HSBC Equity Savings Fund Direct Growth or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund. The Expense Ratio of HSBC Equity Savings Fund Direct Growth is 0.60% as of 04 Dec 2023...

What is the AUM of HSBC Equity Savings Fund Direct Growth?

The AUM, short for Assets Under Management of HSBC Equity Savings Fund Direct Growth is ₹175.39Cr as of 04 Dec 2023.

How to Redeem HSBC Equity Savings Fund Direct Growth?

If you want to sell your HSBC Equity Savings Fund Direct Growth holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.

Can I invest in SIP and Lump Sum of HSBC Equity Savings Fund Direct Growth?

You can select either SIP or Lumpsum investment of HSBC Equity Savings Fund Direct Growth based on your investment objective and risk tolerance.

What is the NAV of HSBC Equity Savings Fund Direct Growth?

The NAV of HSBC Equity Savings Fund Direct Growth is ₹29.47 as of 01 Dec 2023.

What is the PE and PB ratio of HSBC Equity Savings Fund Direct Growth?

The PE ratio ratio of HSBC Equity Savings Fund Direct Growth is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

HSBC Equity Savings Fund Direct Growth - NAV, Mutual Fund Performance & Portfolio

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HSBC Equity Savings Fund Direct Growth
Hybrid
Equity Savings
Moderate Risk
12.71%
3Y annualised
+0.13% 1D
1M
6M
1Y
3Y
5Y
All
 NAV: 01 Dec 2023₹29.47
Min. SIP amount₹500
Rating4
Fund size₹175.39Cr
Return calculator
Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of ₹0
Would have become ₹ (%)
Understand termsAnnualised returnsAverage of the yearly returns of a mutual fund over a given period.
Absolute returnsThe total return of a mutual fund over a given period.
Returns and rankingsCategory: Hybrid Equity Savings
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns15.2%12.7%10.4%9.4%
Category average9.6%9.5%8.4%NA
Rank with in category137NA
Understand terms
Holdings (54)NameSectorInstrumentAssets
GOI
SovereignGOI Sec8.4%
United Spirits Ltd.
Consumer StaplesEquity6.7%
GOI
SovereignGOI Sec5.8%
Bharat Electronics Ltd.
Capital GoodsEquity5.7%
HDFC Bank Ltd.
FinancialCD5.5%
Pidilite Industries Ltd.
ChemicalsEquity2.9%
GOI
SovereignGOI Sec2.9%
Ambuja Cements Ltd.
ConstructionEquity2.9%
Sonata Software Ltd.
TechnologyEquity2.4%
GOI
SovereignGOI Sec2.3%
See All
Understand termsExpense ratioA fee payable to a mutual fund house for managing your mutual fund investments. It is the total percentage of a company’s fund assets used for administrative, management, advertising, and other expenses.
TaxA percentage of your capital gains payable to the government upon exiting your mutual fund investments. Taxation is categorized as long-term capital gains (LTCG) and short-term capital gains (STCG) depending on your holding period and the type of fund.
Exit loadA fee payable to a mutual fund house for exiting a fund (fully or partially) before the completion of a specified period from the date of investment.
Stamp dutyA form of tax payable for the purchase or sale of an asset or security. 
Past expense ratio & exit load
Expense ratio
24 Nov 2023 - Present
0.60%
23 Nov 2023 - 24 Nov 2023
0.60%
22 Nov 2023 - 23 Nov 2023
0.60%
21 Nov 2023 - 22 Nov 2023
0.60%
20 Nov 2023 - 21 Nov 2023
0.60%
17 Nov 2023 - 20 Nov 2023
0.60%
16 Nov 2023 - 17 Nov 2023
0.60%
15 Nov 2023 - 16 Nov 2023
0.60%
13 Nov 2023 - 15 Nov 2023
0.60%
10 Nov 2023 - 13 Nov 2023
0.60%
09 Nov 2023 - 10 Nov 2023
0.60%
08 Nov 2023 - 09 Nov 2023
0.60%
07 Nov 2023 - 08 Nov 2023
0.60%
06 Nov 2023 - 07 Nov 2023
0.60%
03 Nov 2023 - 06 Nov 2023
0.60%
02 Nov 2023 - 03 Nov 2023
0.60%
01 Nov 2023 - 02 Nov 2023
0.60%
31 Oct 2023 - 01 Nov 2023
0.60%
30 Oct 2023 - 31 Oct 2023
0.60%
27 Oct 2023 - 30 Oct 2023
0.60%
26 Oct 2023 - 27 Oct 2023
0.60%
25 Oct 2023 - 26 Oct 2023
0.60%
23 Oct 2023 - 25 Oct 2023
0.60%
20 Oct 2023 - 23 Oct 2023
0.60%
19 Oct 2023 - 20 Oct 2023
0.60%
18 Oct 2023 - 19 Oct 2023
0.60%
17 Oct 2023 - 18 Oct 2023
0.60%
16 Oct 2023 - 17 Oct 2023
0.60%
13 Oct 2023 - 16 Oct 2023
0.60%
12 Oct 2023 - 13 Oct 2023
0.60%
11 Oct 2023 - 12 Oct 2023
0.60%
10 Oct 2023 - 11 Oct 2023
0.60%
09 Oct 2023 - 10 Oct 2023
0.60%
06 Oct 2023 - 09 Oct 2023
0.60%
05 Oct 2023 - 06 Oct 2023
0.60%
04 Oct 2023 - 05 Oct 2023
0.60%
03 Oct 2023 - 04 Oct 2023
0.60%
30 Sep 2023 - 03 Oct 2023
0.60%
29 Sep 2023 - 30 Sep 2023
0.60%
27 Sep 2023 - 29 Sep 2023
0.60%
26 Sep 2023 - 27 Sep 2023
0.60%
25 Sep 2023 - 26 Sep 2023
0.60%
22 Sep 2023 - 25 Sep 2023
0.60%
21 Sep 2023 - 22 Sep 2023
0.60%
20 Sep 2023 - 21 Sep 2023
0.60%
18 Sep 2023 - 20 Sep 2023
0.60%
15 Sep 2023 - 18 Sep 2023
0.60%
14 Sep 2023 - 15 Sep 2023
0.60%
13 Sep 2023 - 14 Sep 2023
0.60%
12 Sep 2023 - 13 Sep 2023
0.60%
11 Sep 2023 - 12 Sep 2023
0.60%
08 Sep 2023 - 11 Sep 2023
0.60%
07 Sep 2023 - 08 Sep 2023
0.60%
06 Sep 2023 - 07 Sep 2023
0.60%
05 Sep 2023 - 06 Sep 2023
0.60%
04 Sep 2023 - 05 Sep 2023
0.60%
01 Sep 2023 - 04 Sep 2023
0.60%
31 Aug 2023 - 01 Sep 2023
0.60%
31 Jul 2023 - 31 Aug 2023
0.60%
30 Jun 2023 - 31 Jul 2023
0.60%
31 May 2023 - 30 Jun 2023
0.60%
30 Apr 2023 - 31 May 2023
0.60%
31 Mar 2023 - 30 Apr 2023
0.62%
28 Feb 2023 - 31 Mar 2023
0.62%
31 Jan 2023 - 28 Feb 2023
0.60%
31 Dec 2022 - 31 Jan 2023
0.69%
31 Dec 2022 - 31 Dec 2022
0.69%
30 Nov 2022 - 31 Dec 2022
0.69%
30 Nov 2022 - 30 Nov 2022
0.69%
31 Oct 2022 - 30 Nov 2022
0.69%
Expense ratio, exit load and taxExpense ratio: 0.60%Inclusive of GST
Exit loadFor units in excess of 0.50% of the investment,1% will be charged for redemption within 1 month.
Stamp duty0.005% (from July 1st, 2020)
Tax implicationReturns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year. 
Understand terms
Check past data
Minimum investment amountsMin. for 1st investment₹5,000
Min. for 2nd investment onwards₹1,000
Min. for SIP₹500
Fund managementMahesh A Chhabria
Jul 2023 - Present
View details
Education
Mr. Chhabria is a Commerce Graduate and has also pursued FCA and CFA.
Experience
Prior to joining HSBC MF, he has worked with L&T AMC, Edelweiss Securities Ltd, Darivium Traditions Pvt. Ltd. and FIL Fund Management Pvt. Ltd.
Also manages these schemes
L&T Overnight Fund Direct Growth
L&T Liquid Plan Direct Growth
L&T Ultra Short Term Fund Direct Growth
HSBC Conservative Hybrid Fund Direct Growth
HSBC Overnight Fund Direct Growth
HSBC Ultra Short Duration Fund Direct Growth
HSBC CRISIL IBX 50:50 Gilt Plus SDL Apr 2028 Index Fund Direct Growth
HSBC Equity Savings Fund Direct Growth
HSBC Banking and PSU Debt Fund Direct Growth
HSBC Low Duration Fund Direct Growth
HSBC Balanced Advantage Fund Direct Growth
HSBC Arbitrage Fund Direct Growth
HSBC CRISIL IBX Gilt June 2027 Index Fund Direct Growth
Neelotpal Sahai
Oct 2023 - Present
View details
Education
Mr. Sahai is a B.Tech from IT BHU and PGDM from IIM
Experience
Prior to joining HSBC AMC he has worked with IDFC Investment Advisors.
Also manages these schemes
HSBC Large Cap Fund Direct Growth
HSBC Dynamic Asset Allocation Fund Direct Growth
HSBC Flexi Cap Fund Direct Growth
HSBC Small Cap Equity Fund Direct Growth
HSBC Managed Solutions India Moderate Fund Direct Growth
HSBC Managed Solutions India Conservative Fund Direct Growth
HSBC Managed Solutions India Growth Fund Direct Growth
HSBC Equity Hybrid Fund Direct Growth
HSBC Large and Mid Cap Fund Direct Growth
HSBC Focused Fund Direct Growth
HSBC Equity Savings Fund Direct Growth
HSBC Balanced Advantage Fund Direct Growth
HSBC Multi Cap Fund Direct Growth
Praveen Ayathan
Oct 2023 - Present
View details
Education
Mr. Praveen is a B.Sc (Mathematics).
Experience
Prior to joining HSBC Mutual Fund, he has worked with L&T MF, Kotak Mahindra AMC and Dalal & Broacha Stock Broking Pvt. Ltd.
Cheenu Gupta
Jul 2021 - Present
View details
Education
Ms. Gupta is CFA Charter holder (USA), PGDBM (Finance) & B.E. (I.T)
Experience
Prior to joining HSBC Mutual Fund, she has worked with L&T Mutual Fund, Canara Robeco Mutual Fund, Tata AIA Life Insurance Company as Fund Manager, ING Investment Management as Senior Research Analyst and UTI AMC Ltd. as Research Analyst.
Also manages these schemes
Canara Robeco Infrastructure Direct Growth
Canara Robeco Equity Hybrid Fund Direct Growth
Canara Robeco Consumer Trends Fund Direct Growth
Canara Robeco ELSS Tax Saver Direct Growth
L&T India Large Cap Fund Direct Growth
L&T Large and Midcap Fund Direct Growth
L&T Conservative Hybrid Fund Direct Growth
HSBC Conservative Hybrid Fund Direct Growth
HSBC Tax Saver Equity Fund Direct Growth
Canara Robeco Capital Protection Oriented Fund Series 6 Direct Growth
Canara Robeco Dual Advantage Fund Series 1 Direct Growth
Canara Robeco Small Cap Fund Direct Growth
HSBC Large and Mid Cap Fund Direct Growth
HSBC Focused Fund Direct Growth
HSBC Midcap Fund Direct Growth
HSBC Small Cap Fund Direct Growth
Hitesh Gondhia
Oct 2023 - Present
View details
Also manages these schemes
HSBC Equity Savings Fund Direct Growth
HSBC Balanced Advantage Fund Direct Growth
HSBC Arbitrage Fund Direct Growth
Fund house & investment objective
HSBC Mutual Fund
Rank (total assets)#21 in India
Total AUM₹98,466.32Cr
Date of Incorporation27 May 2002
 HSBC Equity Savings Fund Direct Growth is a Hybrid Mutual Fund Scheme launched by HSBC Mutual Fund. This scheme was made available to investors on 27 May 2002. Cheenu Gupta is the Current Fund Manager of HSBC Equity Savings Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹98,466 Cr and the Latest NAV as of 01 Dec 2023 is ₹29.47.
The HSBC Equity Savings Fund Direct Growth is rated Moderate risk. Minimum SIP Investment is set to ₹500. Minimum Lumpsum Investment is ₹5,000. For units in excess of 0.50% of the investment,1% will be charged for redemption within 1 month.
;
Investment ObjectiveThe 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.
;
Fund benchmarkNIFTY Equity Savings Total Return Index
Scheme Information Document(SID)
Fund house contact details
Address
9-11th Floor,NESCO - IT Park Bldg. 3,Western Express Highway, Goregaon East, Mumbai 400063
Phone
NA
Launch Date
27 May 2002
E-mail
NA
Website
www.assetmanagement.hsbc.co.in
HSBC Mutual Fund
Asset Management Company
Custodian
Citibank NA
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,
Email
[email protected]
Website
www.camsonline.com
Compare funds
HSBC Equity Savings Fund Direct Growth
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Add mutual fund to compare

	1Y	3Y	5Y	All
Fund returns	15.2%	12.7%	10.4%	9.4%
Category average	9.6%	9.5%	8.4%	NA
Rank with in category	1	3	7	NA

Name	Sector	Instrument	Assets
GOI	Sovereign	GOI Sec	8.4%
United Spirits Ltd.	Consumer Staples	Equity	6.7%
GOI	Sovereign	GOI Sec	5.8%
Bharat Electronics Ltd.	Capital Goods	Equity	5.7%
HDFC Bank Ltd.	Financial	CD	5.5%
Pidilite Industries Ltd.	Chemicals	Equity	2.9%
GOI	Sovereign	GOI Sec	2.9%
Ambuja Cements Ltd.	Construction	Equity	2.9%
Sonata Software Ltd.	Technology	Equity	2.4%
GOI	Sovereign	GOI Sec	2.3%

Rank (total assets)	#21 in India
Total AUM	₹98,466.32Cr

Date of Incorporation	27 May 2002

Fund benchmark	NIFTY Equity Savings Total Return Index

Vaishnavi Tech Park, 3rd & 4th Floor
Sarjapur Main Road, Bellandur
Bengaluru – 560103
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Min. for 1st investment	₹5,000
Min. for 2nd investment onwards	₹1,000

Rating	4
Fund size	₹175.39Cr

HSBC Equity Savings Fund Direct Growth

Return calculator

Understand terms

Annualised returns

Absolute returns

Returns and rankings

Holdings (54)

Understand terms

Expense ratio

Tax

Exit load

Stamp duty

Past expense ratio & exit load

Expense ratio, exit load and tax

Expense ratio: 0.60%

Exit load

Stamp duty

Tax implication

Minimum investment amounts

Fund management

Mahesh A ChhabriaJul 2023 - PresentView details

Neelotpal SahaiOct 2023 - PresentView details

Praveen AyathanOct 2023 - PresentView details

Cheenu GuptaJul 2021 - PresentView details

Hitesh GondhiaOct 2023 - PresentView details

Fund house & investment objective

Fund house contact details

Compare funds

Mahesh A Chhabria
Jul 2023 - Present
View details

Neelotpal Sahai
Oct 2023 - Present
View details

Praveen Ayathan
Oct 2023 - Present
View details

Cheenu Gupta
Jul 2021 - Present
View details

Hitesh Gondhia
Oct 2023 - Present
View details