Should I invest in HSBC ELSS Tax saver Fund - Direct Growth?

We don't give personal investment advice. HSBC ELSS Tax saver Fund - Direct Growth is suitable for an investor whose:time horizon is **5+ years** — equity funds can drop 30-50% in bad years; horizons under 5 years materially raise the risk of selling at a lossrisk tolerance accepts seeing the portfolio fall sharply without panic-sellinggoal isn't capital preservation in the short termCross-check the numbers above against alternatives before deciding.

HSBC

HSBC ELSS Tax saver Fund - Direct Growth

Latest NAV

₹147.2513

As of

3 Jun 2026

864 NAV records on file

NAV history & peer comparison

All NAVs split-adjusted and normalised to 100 at the start of the selected period, so funds with very different absolute NAV scales can be compared on one axis.

Period

Add another fund to compare

No matches.

Compares up to 8 funds. Click any line in the legend above to hide/show it.

Returns matrix

Fund return alongside the category average and peer rank for every standard window. Returns under one year are absolute; one year and longer are compound annualised (CAGR).

Window	Fund	Category avg	+/− vs avg	Rank	Quartile
1D	+0.75%	+0.24%	+0.51	2 / 59	Q1
1W	-0.40%	-1.27%	+0.87	12 / 59	Q1
2W	+1.45%	+0.30%	+1.15	9 / 59	Q1
1M	+0.08%	-0.87%	+0.94	13 / 59	Q1
3M	+1.81%	+0.83%	+0.97	19 / 59	Q2
6M	-1.41%	-2.14%	+0.73	17 / 59	Q2
YTD	-1.49%	-1.56%	+0.07	17 / 59	Q2
1Y	+2.58%	+5.96%	-3.38	22 / 59	Q2
2Y	+5.53%	+5.58%	-0.05	19 / 58	Q2
3Y	+17.33%	+14.58%	+2.75	9 / 58	Q1
4Y	—	—	—	—	—
5Y	—	—	—	—	—
7Y	—	—	—	—	—
10Y	—	—	—	—	—
Inception	+16.34%	+14.13%	+2.20	16 / 59	Q2

Quartile legend: Q1 top 25% Q2 25-50% Q3 50-75% Q4 bottom 25%

Calendar-year returns

Full-year performance vs category average. Current year is partial (year-to-date).

Year	Fund	Category avg	+/− vs avg	Rank
2026 YTD	-1.49%	-4.44%	+2.96	11 / 53
2025	+0.57%	+3.70%	-3.13	39 / 53
2024	+34.33%	+20.13%	+14.20	3 / 53
2023	+28.72%	+30.82%	-2.10	27 / 51
2022	—	—	—	—

Rolling returns

Removes start-date bias by averaging CAGR over every overlapping N-year window in the fund's history. Higher average plus tight min/max plus high "% positive" = consistent.

1-Year rolling

+21.55%

31 windows

min -1.0% · max 49.8%

94% positive

Limited basis — fund is young, so this average may be skewed by which 1Y windows happen to be available.

3-Year rolling

+19.02%

7 windows

min 17.3% · max 21.6%

100% positive

Limited basis — fund is young, so this average may be skewed by which 3Y windows happen to be available.

5-Year rolling

—

Insufficient history

7-Year rolling

—

Insufficient history

SIP returns — historical "what if"

If you had invested every month in this fund over the chosen period, this is what your investment would be worth today.

Period

Total invested

₹ —

Today's value

₹ —

XIRR

Annualised

Wealth multiplier

Period	Total invested	Today's value	XIRR	Wealth multiplier

XIRR is the annualised internal rate of return on the SIP cash flow — invariant to the monthly amount. "Today's value" and "Total invested" scale linearly with the slider. Past performance does not guarantee future returns. Excludes exit load and taxes.

Risk profile

Risk-adjusted return and volatility, computed from monthly NAV returns over the trailing 3-year and 5-year windows.

Std deviation

15.21%

3-year · annualised

Sharpe ratio

0.71

vs risk-free 6.5%

Sortino ratio

1.07

Downside-only deviation

Max drawdown

-19.21%

Dec 2024 → Feb 2025

% positive months

77.8%

Share of monthly returns > 0 over the 3-year window

Sharpe / Sortino use a risk-free rate of 6.5% (1-year T-bill proxy). Higher Sharpe = more return per unit of total risk; higher Sortino = more return per unit of downside risk.

Peers in ELSS

Scheme	Fund house	NAV	As of
HDFC ELSS Tax saver - Growth Option - Direct Plan	HDFC	₹1,421.3430	3 Jun 2026
Nippon India ELSS Tax Saver Fund - Direct Plan Growth Plan - Growth Option	Nippon India	₹140.6038	3 Jun 2026
SBI ELSS Tax Saver FUND - DIRECT PLAN -GROWTH	SBI	₹458.2222	3 Jun 2026
ICICI Prudential ELSS Tax Saver Fund - Direct Plan - Growth	ICICI Prudential	₹990.7700	3 Jun 2026
Invesco India ELSS Tax Saver Fund - Direct Plan - Growth	Invesco	₹138.0800	3 Jun 2026
BANDHAN ELSS Tax Saver Fund - Direct Plan - Growth	Bandhan	₹173.1540	3 Jun 2026
quant ELSS Tax Saver Fund - Growth Option - Direct Plan	Quant	₹443.2149	3 Jun 2026
Aditya Birla Sun Life ELSS Tax Saver Fund - Growth - Direct Plan	Aditya Birla Sun Life	₹66.4800	3 Jun 2026
Motilal Oswal ELSS Tax Saver Fund - Direct Plan - Growth Option	Motilal Oswal	₹62.1822	3 Jun 2026
Franklin India ELSS Tax Saver Fund - Direct - Growth	Franklin India	₹1,537.4743	3 Jun 2026

Recent NAVs

Date	NAV
3 Jun 2026	₹147.2513
2 Jun 2026	₹147.7149
1 Jun 2026	₹146.6132
29 May 2026	₹148.3236
27 May 2026	₹149.3695
26 May 2026	₹148.3154
25 May 2026	₹148.5859
22 May 2026	₹146.9389
21 May 2026	₹146.9237
20 May 2026	₹146.3744

Frequently asked questions

These answers are generated from this fund's live metrics — NAV, returns, peer rank, drawdown, SIP backtest. Numbers refresh nightly after AMFI's NAV feed lands.

As of 03 Jun 2026, the NAV of HSBC ELSS Tax saver Fund - Direct Growth is ₹147.2513. It's a ELSS from HSBC, run as a Direct plan Growth option. NAVs update once per business day from the AMFI feed.

HSBC ELSS Tax saver Fund - Direct Growth has NAV history starting from 28 Nov 2022, a track record of about 3 years 6 months. It's a relatively new scheme. With under 5 years of NAVs, peer comparison is the best yardstick — point-to-point returns can be skewed by entry timing.

HSBC ELSS Tax saver Fund - Direct Growth is managed by HSBC. It's classified by AMFI under the 'ELSS' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, HSBC ELSS Tax saver Fund - Direct Growth has delivered a absolute return of 2.58% — -3.38 pp behind the ELSS category average of 5.96%. The fund ranks #22 of 59 in its category — the second (Q2) quartile.

Over the trailing 3-year window, HSBC ELSS Tax saver Fund - Direct Growth has delivered a CAGR of 17.33% — +2.75 pp ahead of the ELSS category average of 14.58%. The fund ranks #9 of 58 in its category — the top (Q1) quartile.

HSBC ELSS Tax saver Fund - Direct Growth doesn't have a complete 5-year window yet (we need at least 5 year of NAVs). Check the shorter-window returns above.

₹1 lakh invested in HSBC ELSS Tax saver Fund - Direct Growth exactly 3 years ago would be worth approximately ₹161,502 today — a multiplier of 1.62×, based on the 3-year CAGR of 17.33%. The category average over the same window would have grown ₹1 lakh to ₹150,421.

A ₹10,000 monthly SIP in HSBC ELSS Tax saver Fund - Direct Growth over the last 3 years — total invested ₹360,000 — would be worth ₹418,685 today. That's an XIRR (money-weighted annualised return) of 10.05%.

HSBC ELSS Tax saver Fund - Direct Growth doesn't yet have 10 years of NAVs. Over the longest available window (3-year SIP), ₹10,000/month would have grown to ₹418,685 — XIRR 10.05%.

On a 3-year basis, HSBC ELSS Tax saver Fund - Direct Growth ranks #9 out of 58 funds in the ELSS category — that places it in the top quartile (Q1) — strong outperformance. The category average return over the same window is 14.58%; this fund delivered 17.33%.

The worst peak-to-trough decline HSBC ELSS Tax saver Fund - Direct Growth has experienced over the last 3-year window is 19.21% — its NAV fell from a high on 16 Dec 2024 to a low on 28 Feb 2025. Drawdown is a useful gauge of how much short-term pain you'd have endured to capture the long-term return.

Across all 3-year rolling windows, HSBC ELSS Tax saver Fund - Direct Growth averaged 19.02% (best 21.60%, worst 17.27%). 100% of rolling windows ended positive. The 3-year Sharpe ratio is 0.71 — reasonable risk-adjusted performance.

In calendar year 2025, HSBC ELSS Tax saver Fund - Direct Growth returned 0.57% — lagging the ELSS category average of 3.70% by 3.13 pp. It ranked #39 of 53 in its category that year.

HSBC ELSS Tax saver Fund - Direct Growth is classified as an Equity fund (at least 65% equity exposure). Tax rules (post Budget 2024): if you hold 12 months or more, gains are Long-Term and taxed at 12.5% on the amount exceeding ₹1.25 lakh per financial year. Held for under 12 months, gains are Short-Term and taxed at 20%. The ₹1.25 L exemption is per PAN per FY across all equity LTCG.

We don't give personal investment advice. HSBC ELSS Tax saver Fund - Direct Growth is suitable for an investor whose:

time horizon is **5+ years** — equity funds can drop 30-50% in bad years; horizons under 5 years materially raise the risk of selling at a loss
risk tolerance accepts seeing the portfolio fall sharply without panic-selling
goal isn't capital preservation in the short term

Cross-check the numbers above against alternatives before deciding.

Educational content only — not investment advice. Tax rules summarised above reflect Budget 2024; consult a qualified adviser before transacting.