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

We don't give personal investment advice. HSBC ELSS Tax saver Fund - Direct IDCW Payout 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 IDCW Payout

Latest NAV

₹39.7751

As of

17 Jul 2026

895 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

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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	+0.09%	+0.18%	-0.09	57 / 76	Q3
1W	-0.36%	+0.02%	-0.38	62 / 76	Q4
2W	+0.38%	+0.25%	+0.13	26 / 76	Q2
1M	+0.80%	+1.60%	-0.80	65 / 76	Q4
3M	+4.26%	+3.34%	+0.92	23 / 76	Q2
6M	+0.08%	+1.60%	-1.52	47 / 76	Q3
YTD	-2.00%	+0.65%	-2.64	47 / 76	Q3
1Y	-5.10%	+3.29%	-8.39	68 / 76	Q4
2Y	-5.38%	+2.13%	-7.51	68 / 75	Q4
3Y	+5.47%	+10.81%	-5.34	69 / 75	Q4
4Y	—	—	—	—	—
5Y	—	—	—	—	—
7Y	—	—	—	—	—
10Y	—	—	—	—	—
Inception	+5.48%	+11.17%	-5.70	74 / 76	Q4

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	-2.00%	-1.35%	-0.64	41 / 70
2025	-8.12%	+2.19%	-10.30	68 / 70
2024	+19.42%	+16.51%	+2.91	19 / 70
2023	+13.67%	+24.04%	-10.38	66 / 68
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

+9.16%

33 windows

min -9.6% · max 36.2%

58% positive

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

3-Year rolling

+6.94%

8 windows

min 5.5% · max 8.8%

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

14.18%

3-year · annualised

Sharpe ratio

-0.01

vs risk-free 6.5%

Sortino ratio

-0.02

Downside-only deviation

Max drawdown

-28.33%

Sep 2024 → Mar 2026

% positive months

61.1%

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 - IDCW Option - Direct Plan	HDFC	₹93.5760	17 Jul 2026
NIPPON INDIA ELSS TAX SAVER FUND - DIRECT Plan - ANNUAL IDCW Option	Nippon India	₹22.6321	17 Jul 2026
SBI ELSS Tax Saver Fund - Direct Plan - Income Distribution cum Capital Withdrawal Option (IDCW)	SBI	₹118.6726	17 Jul 2026
ICICI Prudential ELSS Tax Saver Fund - Direct Plan - IDCW	ICICI Prudential	₹44.8300	17 Jul 2026
Invesco India ELSS Tax Saver Fund - Direct Plan - IDCW Payout	Invesco	₹32.2400	17 Jul 2026
BANDHAN ELSS Tax Saver Fund - Direct Plan - IDCW	Bandhan	₹41.5040	17 Jul 2026
quant ELSS Tax Saver Fund - IDCW Option - Direct Plan	Quant	₹61.4528	17 Jul 2026
Aditya Birla Sun Life ELSS Tax Saver Fund-DIRECT - IDCW	Aditya Birla Sun Life	₹439.8600	17 Jul 2026
Motilal Oswal ELSS Tax Saver Fund Direct - IDCW Payout	Motilal Oswal	₹39.4071	17 Jul 2026
Franklin India ELSS Tax Saver Fund - Direct - IDCW	Franklin India	₹70.8461	17 Jul 2026

Recent NAVs

Date	NAV
17 Jul 2026	₹39.7751
16 Jul 2026	₹39.7387
15 Jul 2026	₹39.7795
14 Jul 2026	₹39.6296
13 Jul 2026	₹39.9027
10 Jul 2026	₹39.9185
9 Jul 2026	₹39.3779
8 Jul 2026	₹38.9907
7 Jul 2026	₹39.6267
6 Jul 2026	₹39.8380

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 17 Jul 2026, the NAV of HSBC ELSS Tax saver Fund - Direct IDCW Payout is ₹39.7751. It's a ELSS from HSBC, run as a Direct plan IDCW (dividend) option. NAVs update once per business day from the AMFI feed.

HSBC ELSS Tax saver Fund - Direct IDCW Payout has NAV history starting from 28 Nov 2022, a track record of about 3 years 7 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 IDCW Payout 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 IDCW Payout has delivered a absolute return of -5.10% — -8.39 pp behind the ELSS category average of 3.29%. The fund ranks #68 of 76 in its category — the bottom (Q4) quartile.

Over the trailing 3-year window, HSBC ELSS Tax saver Fund - Direct IDCW Payout has delivered a CAGR of 5.47% — -5.34 pp behind the ELSS category average of 10.81%. The fund ranks #69 of 75 in its category — the bottom (Q4) quartile.

HSBC ELSS Tax saver Fund - Direct IDCW Payout 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 IDCW Payout exactly 3 years ago would be worth approximately ₹117,333 today — a multiplier of 1.17×, based on the 3-year CAGR of 5.47%. The category average over the same window would have grown ₹1 lakh to ₹136,078.

A ₹10,000 monthly SIP in HSBC ELSS Tax saver Fund - Direct IDCW Payout over the last 3 years — total invested ₹360,000 — would be worth ₹362,852 today. That's an XIRR (money-weighted annualised return) of 0.51%.

HSBC ELSS Tax saver Fund - Direct IDCW Payout doesn't yet have 10 years of NAVs. Over the longest available window (3-year SIP), ₹10,000/month would have grown to ₹362,852 — XIRR 0.51%.

On a 3-year basis, HSBC ELSS Tax saver Fund - Direct IDCW Payout ranks #69 out of 75 funds in the ELSS category — that places it in the bottom quartile (Q4) — material underperformance. The category average return over the same window is 10.81%; this fund delivered 5.47%.

The worst peak-to-trough decline HSBC ELSS Tax saver Fund - Direct IDCW Payout has experienced over the last 3-year window is 28.33% — its NAV fell from a high on 24 Sep 2024 to a low on 31 Mar 2026. 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 IDCW Payout averaged 6.94% (best 8.81%, worst 5.47%). 100% of rolling windows ended positive. The 3-year Sharpe ratio is -0.01 — negative risk-adjusted performance.

In calendar year 2025, HSBC ELSS Tax saver Fund - Direct IDCW Payout returned -8.12% — lagging the ELSS category average of 2.19% by 10.30 pp. It ranked #68 of 70 in its category that year.

HSBC ELSS Tax saver Fund - Direct IDCW Payout 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 IDCW Payout 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.