HSBC ELSS Tax Saver Fund
Other options
The page shows the Growth option. The Regular plan’s other options have their own codes.
| Option | AMFI code | ISIN |
|---|---|---|
| Growth (this page) | 151076 | INF677K01064 |
| IDCW | 151077 | INF677K01072 |
ELSS – Tax Saver Fund
HSBC Mutual Fund
Open-ended. Launched on 27 Feb 2006. Lock-in: 3 years.
- NAV
- Data delayed
- AssetsAssets The market value of everything the scheme holds, less what it owes, as the fund house discloses it at each month-end.
- ₹3,974 cr
- 30 Sep 2026
- SIP fromSIP Systematic investment plan: a fixed sum put into the scheme at regular intervals, usually every month.
- ₹500
- a month
- BenchmarkBenchmark The market index the fund house names in the SID as the measure the scheme is compared against.
- NIFTY 500 Total Return Index
- as the SID names it
- Riskometer
- Very High
- read by Felix on 28 Oct 2026
The SID and KIM are the final reference for every fact on this page.
The fund house also offers a Direct plan of this scheme, whose expenses are lower to the extent of the distribution commission.
Assets: the fund house’s month-end disclosure of 30 Sep 2026. Minimums: fund house documents, as read by Felix on 28 Oct 2026. Benchmark: the SID.
Mutual Fund investments are subject to market risks, read all scheme related documents carefully.
2 changes in the last 12 months: Dipan S. Parikh became a fund manager, 26 Aug 2026; SEBI renamed its category from ELSS to ELSS – Tax Saver Fund, 26 Feb 2026. See what changed
What it is
SEBI’s rule for an ELSS – Tax Saver Fund: at least 80% in shares, under the Equity Linked Saving Scheme, 2005; units are locked in for three years. Source: SEBI
What the SID allows it to holdSID Scheme information document: the scheme’s offer document, which sets out its objective, asset allocation, risks and expenses.
Source: the SID’s asset allocation, from fund house disclosures.
Riskometer
The risk of the scheme is Very High
As read by Felix on 28 Oct 2026. Fund houses review this level every month, and the fund house’s latest disclosure prevails: Riskometer disclosures, HSBC Mutual Fund
- Low
- Low to Moderate
- Moderate
- Moderately High
- High
- Very High
Benchmark: NIFTY 500 Total Return Index. Its riskometer is published monthly by the fund house: Riskometer disclosures, HSBC Mutual Fund
Source: fund houses’ disclosures.
Who runs it
Abhishek Guptasince 1 Mar 2024
Fund manager
Also manages HSBC Conservative Hybrid Fund, HSBC Flexi Cap Fund, HSBC India Export Opportunities Fund
Dipan S. Parikhsince 26 Aug 2026
Fund manager
Also manages HSBC Aggressive Hybrid Fund, HSBC Arbitrage Fund, HSBC Balanced Advantage Fund, HSBC Business Cycles Fund, HSBC Conservative Hybrid Fund, HSBC Consumption Fund, HSBC Equity Savings Fund, HSBC Financial Services Fund, HSBC Flexi Cap Fund, HSBC Focused Fund, HSBC Gold ETF FoF, HSBC India Export Opportunities Fund, HSBC Infrastructure Fund, HSBC Large and Mid Cap Fund, HSBC Large Cap Fund, HSBC Midcap Fund, HSBC Multi Asset Allocation Fund, HSBC Multi Cap Fund, HSBC Small Cap Fund, HSBC Value Fund
Mayank Chaturvedisince 1 Oct 2025
Fund manager, foreign securities
Also manages HSBC Aggressive Hybrid Fund, HSBC Balanced Advantage Fund, HSBC Business Cycles Fund, HSBC Conservative Hybrid Fund, HSBC Consumption Fund, HSBC Equity Savings Fund, HSBC Financial Services Fund, HSBC Flexi Cap Fund, HSBC Focused Fund, HSBC India Export Opportunities Fund, HSBC Infrastructure Fund, HSBC Large and Mid Cap Fund, HSBC Large Cap Fund, HSBC Midcap Fund, HSBC Multi Asset Allocation Fund, HSBC Multi Cap Fund, HSBC Small Cap Fund, HSBC Value Fund
Bars on one scale, from the scheme’s launch. Other schemes A to Z. Source: fund house disclosures, as of 28 Oct 2026.
Codes and identity
from the SID and AMFI- Fund house
- HSBC Mutual Fund
- SEBI category
- ELSS – Tax Saver Fund
- Plan and option
- Regular plan – Growth
- Structure
- Open-ended
- Launched
- 27 Feb 2006
- AMFI code, Growth
- 151076
- ISIN, Growth
- INF677K01064
- IDCW INF677K01072
- Registrar
- CAMS
- Lock-in
- 3 years
- Fund house website
- assetmanagement.hsbc.co.in ↗
ISINs of the IDCW options
HSBC Mutual Fund
HSBC Mutual Fund runs 44 schemes in their Regular plan: 14 equity, 13 debt, 6 hybrid, 4 index funds and ETFs, 7 other.
17 fund managers, in their current schemes for 2 years 11 months on average.
1 scheme launched in the last 12 months.
- All 44 schemes
- assetmanagement.hsbc.co.in
- Registrar: CAMS
Source: fund houses’ disclosures, as of 28 Oct 2026.
Buying and selling
- SIP from
- ₹500, as the KIM states it
- Entry load
- Nil, since 1 Aug 2009
- Stamp duty
- 0.005% of the amount invested, since 1 Jul 2020
- Applicable NAV
- That business day’s, when the application and the money reach the fund house by the 3 pm cut-off; after it, the next business day’s
- Redemption money
- Within 3 working days of the redemption request
- Lock-in
- 3 years from each allotment
Sources: the scheme’s KIM for the minimums; SEBI for the entry load, cut-off and redemption timeline; Ministry of Finance for stamp duty.
The category: ELSS – Tax Saver Fund
All 39 schemesSchemes 9 to 18 of 39, A to Z; this scheme is marked.Schemes 12 to 16 of 39, A to Z; this scheme is marked.
| Scheme | Benchmark | Assets, ₹ cr (30 Sep 2026) | SIP from, ₹ | Launched |
|---|---|---|---|---|
| DSP ELSS Tax Saver Fund | NIFTY 500 Total Return Index | 15,569 | 500 | 2007 |
| Edelweiss ELSS Tax Saver Fund | NIFTY 500 Total Return Index | 428 | 500 | 2008 |
| Franklin India ELSS Tax Saver Fund | NIFTY 500 Total Return Index | 5,839 | 500 | 1999 |
| Groww ELSS Tax Saver Fund | NIFTY 500 Total Return Index | 48 | 500 | 2017 |
| HDFC ELSS - Tax Saver Fund | NIFTY 500 Total Return Index | 14,949 | 500 | 1996 |
| HSBC ELSS Tax Saver Fund | NIFTY 500 Total Return Index | 3,974 | 500 | 2006 |
| ICICI Prudential ELSS - Tax Saver Fund | NIFTY 500 Total Return Index | 13,498 | 500 | 1999 |
| Invesco India ELSS Tax Saver Fund | BSE 500 Total Return Index | 2,598 | 500 | 2006 |
| ITI ELSS Tax Saver Fund | NIFTY 500 Total Return Index | 445 | 500 | 2019 |
| JM ELSS - Tax Saver Fund | BSE 500 Total Return Index | 240 | 500 | 2008 |
| Scheme | Benchmark | Assets, ₹ cr (30 Sep 2026) | SIP from, ₹ | Launched |
|---|---|---|---|---|
| Groww ELSS Tax Saver Fund | NIFTY 500 Total Return Index | 48 | 500 | 2017 |
| HDFC ELSS - Tax Saver Fund | NIFTY 500 Total Return Index | 14,949 | 500 | 1996 |
| HSBC ELSS Tax Saver Fund | NIFTY 500 Total Return Index | 3,974 | 500 | 2006 |
| ICICI Prudential ELSS - Tax Saver Fund | NIFTY 500 Total Return Index | 13,498 | 500 | 1999 |
| Invesco India ELSS Tax Saver Fund | BSE 500 Total Return Index | 2,598 | 500 | 2006 |
Show all 39 schemes
| Scheme | Benchmark | Assets, ₹ cr (30 Sep 2026) | SIP from, ₹ | Launched |
|---|---|---|---|---|
| 360 ONE ELSS Tax Saver Nifty 50 Index Fund | NIFTY 50 Total Return Index | 65 | 500 | 2022 |
| Aditya Birla Sun Life ELSS Tax Saver Fund | NIFTY 500 Total Return Index | 13,559 | 500 | 2008 |
| Axis ELSS - Tax Saver Fund | NIFTY 500 Total Return Index | 30,269 | 500 | 2009 |
| Bajaj Finserv ELSS - Tax Saver Fund | BSE 500 Total Return Index | 88 | 500 | 2025 |
| Bandhan ELSS - Tax Saver Fund | BSE 500 Total Return Index | 6,596 | 500 | 2008 |
| Bank of India ELSS Tax Saver Fund | BSE 500 Total Return Index | 1,366 | 500 | 2009 |
| Baroda BNP Paribas ELSS Tax Saver Fund | NIFTY 500 Total Return Index | 857 | 500 | 2006 |
| Canara Robeco ELSS - Tax Saver Fund | BSE 500 Total Return Index | 8,167 | 500 | 2009 |
| DSP ELSS Tax Saver Fund | NIFTY 500 Total Return Index | 15,569 | 500 | 2007 |
| Edelweiss ELSS Tax Saver Fund | NIFTY 500 Total Return Index | 428 | 500 | 2008 |
| Franklin India ELSS Tax Saver Fund | NIFTY 500 Total Return Index | 5,839 | 500 | 1999 |
| Groww ELSS Tax Saver Fund | NIFTY 500 Total Return Index | 48 | 500 | 2017 |
| HDFC ELSS - Tax Saver Fund | NIFTY 500 Total Return Index | 14,949 | 500 | 1996 |
| HSBC ELSS Tax Saver Fund | NIFTY 500 Total Return Index | 3,974 | 500 | 2006 |
| ICICI Prudential ELSS - Tax Saver Fund | NIFTY 500 Total Return Index | 13,498 | 500 | 1999 |
| Invesco India ELSS Tax Saver Fund | BSE 500 Total Return Index | 2,598 | 500 | 2006 |
| ITI ELSS Tax Saver Fund | NIFTY 500 Total Return Index | 445 | 500 | 2019 |
| JM ELSS - Tax Saver Fund | BSE 500 Total Return Index | 240 | 500 | 2008 |
| Kotak ELSS Tax Saver Fund | NIFTY 500 Total Return Index | 6,071 | 500 | 2005 |
| LIC MF ELSS Tax Saver Fund | NIFTY 500 Total Return Index | 972 | 500 | 1997 |
| Mahindra Manulife ELSS Tax Saver Fund | NIFTY 500 Total Return Index | 829 | 500 | 2016 |
| Mirae Asset ELSS Tax Saver Fund | NIFTY 500 Total Return Index | 24,625 | 500 | 2015 |
| Motilal Oswal ELSS Tax Saver Fund | NIFTY 500 Total Return Index | 4,890 | 500 | 2015 |
| Navi ELSS Tax Saver Nifty 50 Index Fund | NIFTY 50 Total Return Index | 145 | 500 | 2023 |
| Nippon India ELSS Tax Saver Fund | NIFTY 500 Total Return Index | 14,096 | 500 | 2005 |
| NJ ELSS Tax Saver Fund | NIFTY 500 Total Return Index | 332 | 500 | 2023 |
| Parag Parikh ELSS Tax Saver Fund | NIFTY 500 Total Return Index | 5,401 | 1,000 | 2019 |
| PGIM India ELSS Tax Saver Fund | NIFTY 500 Total Return Index | 680 | 500 | 2015 |
| Quant ELSS Tax Saver Fund | NIFTY 500 Total Return Index | 13,103 | 500 | 2000 |
| Quantum ELSS Tax Saver Fund | BSE 500 Total Return Index | 196 | 500 | 2017 |
| Samco ELSS Tax Saver Fund | NIFTY 500 Total Return Index | 104 | 500 | 2022 |
| SBI ELSS Tax Saver Fund | BSE 500 Total Return Index | 30,027 | 500 | 2007 |
| Shriram ELSS Tax Saver Fund | NIFTY 500 Total Return Index | 44 | 500 | 2019 |
| Sundaram ELSS Tax Saver Fund | NIFTY 500 Total Return Index | 1,212 | 500 | 1996 |
| Tata ELSS - Tax Saver Fund | NIFTY 500 Total Return Index | 4,427 | 500 | 2014 |
| Taurus ELSS Tax Saver Fund | BSE 500 Total Return Index | 71 | 500 | 1996 |
| Union ELSS Tax Saver Fund | BSE 500 Total Return Index | 821 | 500 | 2011 |
| UTI ELSS Tax Saver Fund | NIFTY 500 Total Return Index | 3,253 | 500 | 2005 |
| WhiteOak Capital ELSS Tax Saver Fund | BSE 500 Total Return Index | 481 | 500 | 2022 |
Regular plan – Growth for every scheme. Source: fund houses’ disclosures; assets at month-end 30 Sep 2026; SIP minimums as read by Felix on 28 Oct 2026; benchmarks as each SID names them.
What changed
- 26 Aug 2026Dipan S. Parikh became a fund manager
- 26 Feb 2026SEBI renamed its category from ELSS to ELSS – Tax Saver Fund
- 1 Oct 2025Mayank Chaturvedi became a fund manager
- 1 Mar 2024Abhishek Gupta became a fund manager
- 27 Feb 2006Launched
- 31 Jan 2006NFO closed
- 5 Jan 2006NFO opened
Source: fund house disclosures and SEBI.
Documents
KIM Key information memorandum: the short summary of the SID that comes with every application form.HSBC Mutual Fund publishes the scheme’s documents on its website:
- Scheme information document (SID)
- Key information memorandum (KIM)
- Monthly factsheet
- Monthly portfolio disclosure
Felix links to the fund house’s own copies and never copies them.
Questions about this fund
Who manages it, and since when?
Abhishek Gupta, since 1 Mar 2024 (Fund manager); Mayank Chaturvedi, since 1 Oct 2025 (Fund manager, foreign securities); Dipan S. Parikh, since 26 Aug 2026 (Fund manager). Source: HSBC Mutual Fund’s disclosures.
What is the minimum SIP?
₹500 a month, as of 28 Oct 2026, from the fund house’s documents.
What is its benchmark?
NIFTY 500 Total Return Index, as the SID names it. Felix shows the benchmark by name only.
When was it launched, and what was it called before?
It was launched on 27 Feb 2006.
How do I invest in it?
Read the SID and KIM on HSBC Mutual Fund’s website first. A mutual fund distributor can place your application in this scheme’s Regular plan. Investments made through a mutual fund distributor are in the Regular plan, which includes distributor commission.
What does “Regular plan – Growth” mean?
The Regular plan is the one bought through a distributor; its expenses include the distributor’s commission. In the Growth option, gains stay in the NAV and nothing is paid out.
Where are its documents?
On HSBC Mutual Fund’s website: the scheme information document (SID), the key information memorandum (KIM) and the monthly factsheet.
Mutual Fund investments are subject to market risks, read all scheme related documents carefully.
Data on this page
| Block | Source | For |
|---|---|---|
| Assets | Fund houses’ disclosures, at month-end | 30 Sep 2026 |
| Minimums | Fund house documents, as read by Felix | 28 Oct 2026 |
| Riskometer | Fund houses’ disclosures, as read by Felix | 28 Oct 2026 |
| Asset allocation | The SID, from fund house disclosures | 28 Oct 2026 |
| Fund managers | Fund house disclosures | 28 Oct 2026 |
Something wrong or out of date? Report an error
When you are ready, invest with a person.
The SID and KIM are the final reference for every fact on this page.