L&T Equity Savings Fund - IDCW - Direct Plan

₹14.1708 0.25 %Nav, as on 01-02-2023
Previous Nav
₹ 14.1355
Net Change on 01-02-2023
₹0.04
PersonalFN Rating
Unrated
Category
Hybrid - Equity Savings
Assets (Cr.)
₹ 169.52
Expense Ratio
0.69%
(As on Dec 31, 2022)

Fund Overview IDCW | Direct Plan

Fund House
HSBC Mutual Fund
Launch Date
01-Jan-2013
Benchmark
Crisil 10 Yr Gilt Index
Minimum Investment (₹)
5,000
Minimum Addl Investment (₹)
1,000
Exit Load (%)
Nil upto 10% of units and 0.50% for remaining units on or before 1M, Nil after 1M
Minimum SIP Investment (₹)
1,000
Minimum STP Investment (₹)
500
Minimum SWP Investment (₹)
500
52 Week Low Nav (₹)
23.10
52 Week Low Nav Date
20-Jun-2022
52 Week High Nav (₹)
24.72
52 Week High Nav Date
14-Dec-2022

Fund Objective

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 Performance

Scheme Name	1-Month Return (%)	3-Month Return (%)	1-Year Return (%)	3-Year Return (%)	5-Year Return (%)	Since Inception
HSBC Equity Savings Fund - Direct Monthly IDCW	-0.02	-0.24	2.37	9.88	6.88	7.96
Crisil 10 Yr Gilt Index	N/A	N/A	N/A	N/A	N/A	N/A
NIFTY 50 Equity Savings Index	N/A	N/A	N/A	N/A	N/A	N/A

Returns upto 1 year is Absolute, and above 1 year are Compounded Annualised

Peer Fund Comparison

Scheme Name	Launch Date	1-Year Return (%)	3-Year Return (%)	5-Year Return (%)	Expense Ratio (%)	Assets (Cr.)
HSBC Equity Savings Fund - Direct Monthly IDCW	Jan 01, 2013	2.37	9.88	6.88	0.69	169.52
ICICI Prudential Equity Savings Fund - Direct Plan - Quarterly IDCW	Dec 05, 2014	6.48	7.54	7.46	0.55	4,965.01
HDFC Equity Savings Fund - IDCW Option - Direct Plan	Jan 01, 2013	4.45	11.12	7.92	1.09	2,614.74
SBI Equity Savings Fund - Direct Plan - Monthly Income Distribution cum Capital Withdrawal Option (IDCW)	May 27, 2015	1.11	9.10	7.45	0.66	2,305.19
SBI Equity Savings Fund - Direct Plan - Quarterly Income Distribution cum Capital Withdrawal Option (IDCW)	May 27, 2015	1.12	9.09	7.45	0.66	2,305.19
Kotak Equity Savings Fund - Direct - Monthly Payout of Income Distribution cum capital withdrawal option	Oct 13, 2014	6.29	10.34	8.49	1.05	2,082.76

Fund Holdings as on 31-December-2022

Company % Assets
6.18% GOI 04NOV2024
11.75
5.22% GOVERNMENT OF INDIA 15JUN25 G-SEC
11.35
United Spirits Limited
5.95
Bank of Baroda**
5.52
Ambuja Cements Limited
4.79
Bajaj Finance Limited
3.98
Treps
3.67
National Aluminium Company Limited
3.41
State Bank of India
3.08
Multi Commodity Exchange of India Limited
2.82
The Indian Hotels Company Limited
2.48
IndusInd Bank Limited
2.33
Maruti Suzuki India Limited
2.23
Kotak Mahindra Bank Limited
2.20
ICICI Bank Limited
2.19
Persistent Systems Limited
1.50
Cholamandalam Investment and Finance Company Ltd
1.49
Larsen & Toubro Limited
1.48
Steel Authority of India Limited
1.40
Trent Limited
1.34
UPL Limited
1.26
Shoppers Stop Limited
1.26
Hindustan Unilever Limited
1.21
Oracle Financial Services Software Limited
1.18
Delta Corp Limited
1.16
Mahanagar Gas Limited
1.11
Vedanta Limited
1.06
HDFC Life Insurance Company Limited
1.03
Zee Entertainment Enterprises Limited
0.98
Titan Company Limited
0.92
Hindustan Aeronautics Limited
0.90
Motherson Sumi Wiring India Limited
0.86
Net Current Assets (including cash & bank balances)
0.85
Laurus Labs Limited
0.83
SRF Limited
0.81
Glenmark Pharmaceuticals Limited
0.65
Kansai Nerolac Paints Limited
0.65
GMM Pfaudler Limited
0.65
Can Fin Homes Limited
0.65
KPIT Technologies Limited
0.62
Tata Power Company Limited
0.62
MAYUR UNIQUOTERS LTD MUNI
0.61
Page Industries Limited
0.57
VRL Logistics Limited
0.56
Minda Industries Limited
0.51
Ashok Leyland Limited
0.51
Schaeffler India Limited
0.49
Bandhan Bank Limited
0.47
Sun Pharmaceutical Industries Limited
0.41
Navin Fluorine International Limited
0.36
Infosys Limited
0.36
Cipla Limited
0.32
Hindustan Petroleum Corporation Limited
0.30
Petronet LNG Limited
0.15
Abbott India Limited
0.15
RBL Bank Limited
0.05

Sector Holding%
Miscellaneous
23.09
Bank - Private
7.25
Breweries & Distilleries
5.95
Finance - NBFC
5.47
Cement & Construction Materials
4.79
IT - Software
3.66
Aluminium & Aluminium Products
3.41
Bank - Public
3.08
Finance - Stock Broking
2.82
Retailing
2.59
Hotel, Resort & Restaurants
2.48
Pharmaceuticals & Drugs
2.36
Steel & Iron Products
2.26
Automobiles - Passenger Cars
2.23
Engineering - Construction
1.48
Pesticides & Agrochemicals
1.26
Household & Personal Products
1.21
Textile
1.18
Gas Transmission/Marketing
1.11
Metal - Non Ferrous
1.06
Insurance
1.03
TV Broadcasting & Software Production
0.98
Diamond & Jewellery
0.92
Airlines
0.90
Defence
0.90
Diversified
0.81
Engineering - Industrial Equipments
0.65
Finance - Housing
0.65
Paints
0.65
Power Generation/Distribution
0.62
Logistics
0.56
Automobiles-Trucks/Lcv
0.51
Auto Ancillary
0.51
Bearings
0.49
Chemicals
0.36
Refineries
0.30
Industrial Gases & Fuels
0.15

Fund Manager

Ritesh Jain

Education:B.Com., M.B.A. in Finance
Experience:11 Years
Basic Details:Prior to joining Morgan Stanley, Mr. Ritesh Jain has worked with Principal PNB Asset Management Company Pvt. Ltd. where he headed Fixed Income managing around Rs. 6000 crore under different fixed income plans. Ritesh holds a PGDBA from K.J. Somaiya Institute of Management Studies & Research, Mumbai and B.Com (Hons.) from University of Calcutta. He has over 10 years of experience in investment management.
Funds Managed:
HSBC CRISIL IBX 50:50 Gilt Plus SDL Apr 2028 Index Fund
HSBC CRISIL IBX 50:50 Gilt Plus SDL Apr 2028 Index Fund
HSBC Conservative Hybrid Fund
HSBC Balanced Advantage Fund
HSBC Equity Savings Fund
HSBC Arbitrage Fund
HSBC Balanced Advantage Fund
HSBC Balanced Advantage Fund
HSBC Equity Savings Fund

Cheenu Gupta

Most Recent Dividend

Dividend Details

Record Date Dividend (%)
27/01/2023
0.70
27/12/2022
0.70
21/11/2022
0.70
27/10/2022
0.70
27/09/2022
0.70
26/08/2022
0.70
26/07/2022
0.70
28/06/2022
0.70
26/05/2022
0.70
26/04/2022
0.70
28/03/2022
0.70
28/02/2022
0.70
27/01/2022
0.70
28/12/2021
0.70
26/11/2021
0.70
26/10/2021
0.70
28/09/2021
0.70
26/08/2021
0.70
27/07/2021
0.70
28/06/2021
0.60
26/05/2021
0.60
27/04/2021
0.60
26/03/2021
0.60
26/02/2021
0.60
27/01/2021
0.60
29/12/2020
0.60
26/11/2020
0.60
27/10/2020
0.50
28/09/2020
0.40
26/08/2020
0.40
26/02/2020
0.80
28/01/2020
0.80
27/12/2019
0.80
26/11/2019
0.60
29/10/2019
0.20
26/09/2019
0.80
26/06/2019
0.40
28/05/2019
0.40
26/04/2019
0.40
26/03/2019
0.40
28/01/2019
0.40
27/12/2018
0.40
27/11/2018
0.40
26/09/2018
0.60
28/08/2018
0.60
26/07/2018
0.60
26/06/2018
0.60
28/05/2018
0.60
26/04/2018
0.60
27/03/2018
0.60
27/02/2018
0.60
29/01/2018
0.60
27/12/2017
0.60
28/11/2017
0.60
26/10/2017
0.80
26/09/2017
0.50
29/08/2017
0.30
26/07/2017
0.30
26/04/2017
0.80
28/03/2017
0.80
28/02/2017
0.80
27/01/2017
0.80
27/12/2016
0.70
28/11/2016
0.70
26/10/2016
0.50
27/09/2016
0.60
26/08/2016
0.50
26/07/2016
0.60
28/06/2016
0.40
26/05/2016
0.30
26/04/2016
0.30
29/03/2016
0.20
27/01/2016
0.40
29/12/2015
0.50
27/11/2015
0.50
27/10/2015
0.50
29/09/2015
0.50
26/08/2015
0.50
28/07/2015
0.50
26/06/2015
0.50
26/05/2015
0.50
28/04/2015
0.50
26/03/2015
0.50
26/02/2015
0.40
28/01/2015
0.37
29/12/2014
0.90
26/11/2014
0.90
28/10/2014
0.90
26/09/2014
1.00
26/08/2014
1.00
28/07/2014
1.00
26/06/2014
1.00
27/05/2014
1.80
28/04/2014
1.80
26/03/2014
1.00
26/02/2014
0.60
28/01/2014
0.50
27/12/2013
0.80
28/10/2013
0.80
28/05/2013
0.80
26/04/2013
0.60
26/03/2013
0.40
26/02/2013
0.60
29/01/2013
0.70

Holding Type Holding %
Cash
4.52
Equity
66.90
IND A1+
5.52
SOVEREIGN
23.10

About HSBC Equity Savings Fund

Scheme Analysis

HSBC Equity Savings Fund is a Hybrid - Equity Savings fund and belongs to HSBC Mutual Fund. It was launched on 01-Jan-2013 and currently has an AUM of ₹169.52 crore. HSBC Equity Savings Fund is benchmarked against Crisil 10 Yr Gilt Index as primary index and NIFTY 50 Equity Savings Index as secondary index.

The NAV of HSBC Equity Savings Fund ended up ₹0.04(0.25%)yesterday to ₹14.1708.

Among its top 3 holdings the fund has exposure to 6.18% GOI 04NOV2024, and

The HSBC Equity Savings Fund is managed by Ritesh Jain and Cheenu Gupta.

Fund House Contact

Address:

9-11 Floors, NESCO IT Park, Building No.3, Western Exp Highway, Goregaon (E) Mumbai - 400 063

Phone Number: +91 (22) 66145000

Email Address: hsbcmf@hsbc.co.in

Fax Number: +91 (22) 49146033

Website: www.assetmanagement.hsbc.com/in

Financial Health Checkup

Money Simplified Videos

Infographics