HSBC TAX SAVER EQUITY FUND(G)

Product name	Return type	1 yr(%)	3 yr(%)	5 yr(%)
HSBC TAX SAVER EQUITY FUND(G)	market linked	42.38 %	20.65 %	16.34 %
BenchMark : NIFTY 500 - TRI	BenchMark Return	40.05	20.71	17.82
Value of Rs. 1,00,000 Invested	current value	142380	175623	213130

scheme objective	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. The Fund may also invest in fixed income securities.
Category	Mutual Fund > Equity > ELSS
Fund Type	Open Ended
Fund Manager	Gautam Bhupal
Minimum Amount for Lumpsum Investment (Rs.)	500
Minimum Amount for SIP Investment (Rs.)	500
Nav Date	23/04/2024
Nav	77.72
AUM (Cr.)	220.35
AUM Date	31/03/2024
Expense Ratio Currently	2
Expense Ratio Date Currently	31/03/2024
Modified Duration(Yrs)	-
Modified Duration Date(Yrs)	-
YTM	-
YTM Date	-
Entry Load	NIL
Exit Load	Nil
Tax Treatment of Income	15% short term capital gains tax, 10% long term capital gains tax on incremental gains above 1 Lac in a given financial year.
Tax Benefit on Investment	Available under section 80C of Income Tax Act.
Withdrawal	Anytime
Pros
Cons
Risk Factor	All investments in mutual funds are subject to market risks and the NAV of the schemes may go up or down depending upon the factors and forces affecting the securities market and there can be no assurance that the fund's objectives will be achieved. Past performance of the Fund does not indicate the future performance of the Schemes of the Fund.