NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund
SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671
₹28.48
-5.21%
NAV as on 17 Jan 25, 12:00 AM
very high risk
elss (tax savings)
elss
NAV as on 17 Jan 25, 12:00 AM
very high risk
elss (tax savings)
elss
25.34%p.a.
Last 1Y
16.09%p.a.
Last 3Y
17.41%p.a.
Last 5Y
14.08%p.a.
Since Inception
About HSBC ELSS Tax saver Fund Payout of Income Distribution cum Cap Wrdl for NRIs
NRIs can achieve long-term capital appreciation by investing in the HSBC ELSS Tax saver Fund Payout of Income Distribution cum Cap Wrdl scheme from HSBC Asset Management (India) Private Ltd. It is a ELSS (Tax Savings) mutual fund scheme that predominantly invests in ELSS (Tax Savings) stocks of companies. Launched on Feb 2006, HSBC ELSS Tax saver Fund Payout of Income Distribution cum Cap Wrdl is ELSS (Tax Savings) fund of its category with 4,302.98 Cr fund under management as on Jan 2025. The expense ratio of this fund is less than that of most other Fund category ELSS (Tax Savings) funds.
- HSBC ELSS Tax saver Fund Payout of Income Distribution cum Cap Wrdl delivered 25.3% annual returns during the last year. It has delivered 14.1% average annual returns since the fund was launched.
- HSBC ELSS Tax saver Fund Payout of Income Distribution cum Cap Wrdl scheme tends to consistently deliver higher returns than most schemes in the same category.
- The scheme has predominantly invested in elss
Fund Objective
To generate long-term capital growth from a diversified portfolio of predominantly equity and equity-related securities.There is no assurance that the investment objective of the scheme will be realized.
Top 10 Holdings
HDFC Bank Ltd
4.85%
ICICI Bank Ltd
3.49%
Infosys Ltd
3.35%
Reliance Industries Ltd
2.86%
Larsen & Toubro Ltd
2.61%
Persistent Systems Ltd
2.20%
Zomato Ltd
2.05%
Trent Ltd
2.04%
State Bank of India
1.92%
Transformers & Rectifiers (India) Ltd
1.84%
Fund Managers
- Gautam Bhupal (Nov 2022 - Present)
- Sonal Gupta (Jul 2021 - Present)
- Abhishek Gupta (Mar 2024 - Present)
Key Information
View Scheme Document
HSBC ELSS Tax saver Fund Payout of Income Distribution cum Cap Wrdl SIP Calculator
If invested
per month
For a period of
Investment of ₹0 could have been
₹0(+0.0%)
₹0 (+0.0%)
This Fund
₹0 (+0.0%)
Fixed Deposit
NRI Mutual Fund Tax on HSBC ELSS Tax saver Fund Payout of Income Distribution cum Cap Wrdl
Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.
| Fund Type | Short-term Capital Gains (STCG) Tax | Long-term Capital Gains (LTCG) Tax |
|---|---|---|
| Equity mutual funds | 15% | 10% (above Rs. 1 lakh LTCG) without indexation* |
| Debt & other types of funds | At tax slab rate | 20% with indexation benefits |
How can NRIs invest in HSBC ELSS Tax saver Fund Payout of Income Distribution cum Cap Wrdl?
NRIs and OCIs can download the SBNRI app to invest in mutual funds from the country of their residence. Here are a few simple steps you need to take:
- Complete your NRI KYC: Type in your personal details and attach supporting documents, like:
- PAN Number
- Overseas address proof: Any of – Water/electricity bill, postpaid mobile/internet bill, rent agreement, driving license, etc.
- Passport – front and back
- Passport size photograph
- signature
If all details are correct, your KYC will be approved within 7 to 8 business days.
- Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing in HSBC ELSS Tax saver Fund Payout of Income Distribution cum Cap Wrdl
- Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing:
- City and country of birth
- NRE/NRO bank account statement/ canceled cheque for the latest 3 months
- Nominee details
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Frequently Asked Questions
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