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HSBC Tax Saver Equity Fund
Disclosed for 20 months, Nov 2022 to Jun 2025. This scheme is no longer reporting.
Portfolio value
₹229 Cr
up ₹23.9 Cr vs Nov 2023
- Stocks held
- 47
- up 4 vs Nov 2023
- Top 10 weight
- 43.2%
- of the portfolio in its ten largest
- Cash & debt
- 2.2%
- cash, money market and debt
- Moves this month
- 8 in · 4 out
- added to 10, trimmed 12
HSBC Tax Saver Equity Fund is an active equity fund in the ELSS (tax saving) category from HSBC Mutual Fund. In April 2024 it disclosed 47 stocks worth ₹229 Cr, up ₹23.9 Cr from Nov 2023. Its largest positions were ICICI Bank Limited (6.3%), Infosys Limited (5.1%), Reliance Industries Limited (4.8%); the ten largest together made up 43.2% of the portfolio, and Banks was the biggest sector at 17.9% of its equity. Cash and debt stood at 2.2%. Compared with Nov 2023 the fund entered 8 new stocks and exited 4.
Against 47 other ELSS (tax saving) funds
Concentration
55%
Top-10 weight is higher than 55% of peers
Breadth
38%
Holds more stocks than 38% of peers
Cash
40%
Holds more cash than 40% of peers
Holdings in April 2024
Download CSVEvery line the fund disclosed, with the change against Nov 2023. Click a column to sort; click a company to see every fund that owns it.
- Weight
- 6.26%
- Δ weight
- down 2.39 pts
- Value
- ₹14.4 Cr
- Δ value
- down ₹3.4 Cr
- Status
- Trimmed
- Weight
- 5.08%
- Δ weight
- down 0.73 pts
- Value
- ₹11.7 Cr
- Δ value
- down ₹28 L
- Status
- Trimmed
- Weight
- 4.81%
- Δ weight
- up 0.16 pts
- Value
- ₹11 Cr
- Δ value
- up ₹1.5 Cr
- Status
- Added
- Weight
- 4.78%
- Δ weight
- up 0.16 pts
- Value
- ₹11 Cr
- Δ value
- up ₹1.5 Cr
- Status
- Added
- Weight
- 4.30%
- Δ weight
- down 1.24 pts
- Value
- ₹9.9 Cr
- Δ value
- down ₹1.5 Cr
- Status
- Trimmed
- Weight
- 4.18%
- Δ weight
- up 0.82 pts
- Value
- ₹9.6 Cr
- Δ value
- up ₹2.7 Cr
- Status
- Added
- Weight
- 3.89%
- Δ weight
- down 0.56 pts
- Value
- ₹8.9 Cr
- Δ value
- down ₹23 L
- Status
- Trimmed
- Weight
- 3.31%
- Δ weight
- up 0.83 pts
- Value
- ₹7.6 Cr
- Δ value
- up ₹2.5 Cr
- Status
- Added
- Weight
- 3.28%
- Δ weight
- up 0.53 pts
- Value
- ₹7.5 Cr
- Δ value
- up ₹1.9 Cr
- Status
- Added
- Weight
- 3.27%
- Δ weight
- up 0.86 pts
- Value
- ₹7.5 Cr
- Δ value
- up ₹2.5 Cr
- Status
- Added
- Weight
- 3.09%
- Δ weight
- down 1.14 pts
- Value
- ₹7.1 Cr
- Δ value
- down ₹1.6 Cr
- Status
- Trimmed
- Weight
- 3.07%
- Δ weight
- down 0.13 pts
- Value
- ₹7 Cr
- Δ value
- up ₹47 L
- Status
- Added
- Weight
- 2.52%
- Δ weight
- up 0.29 pts
- Value
- ₹5.8 Cr
- Δ value
- up ₹1.2 Cr
- Status
- Added
- Weight
- 2.43%
- Δ weight
- up 0.35 pts
- Value
- ₹5.6 Cr
- Δ value
- up ₹1.3 Cr
- Status
- Added
- Weight
- 2.39%
- Δ weight
- down 0.21 pts
- Value
- ₹5.5 Cr
- Δ value
- up ₹15 L
- Status
- Added
- Weight
- 2.33%
- Δ weight
- up 0.35 pts
- Value
- ₹5.3 Cr
- Δ value
- up ₹1.3 Cr
- Status
- Added
- Weight
- 2.28%
- Δ weight
- up 2.28 pts
- Value
- ₹5.2 Cr
- Δ value
- up ₹5.2 Cr
- Status
- New
- Weight
- 2.28%
- Δ weight
- up 0.29 pts
- Value
- ₹5.2 Cr
- Δ value
- up ₹1.1 Cr
- Status
- Added
- Cash, TREPS & receivables
- Weight
- 2.24%
- Δ weight
- up 0.85 pts
- Value
- ₹5.1 Cr
- Δ value
- up ₹2.3 Cr
- Status
- Added
- Weight
- 2.22%
- Δ weight
- down 0.40 pts
- Value
- ₹5.1 Cr
- Δ value
- down ₹29 L
- Status
- Trimmed
- Weight
- 2.11%
- Δ weight
- up 0.18 pts
- Value
- ₹4.8 Cr
- Δ value
- up ₹87 L
- Status
- Added
- Weight
- 2.07%
- Δ weight
- down 0.63 pts
- Value
- ₹4.7 Cr
- Δ value
- down ₹81 L
- Status
- Trimmed
- Weight
- 1.73%
- Δ weight
- up 0.23 pts
- Value
- ₹4 Cr
- Δ value
- up ₹88 L
- Status
- Added
- Weight
- 1.69%
- Δ weight
- down 0.10 pts
- Value
- ₹3.9 Cr
- Δ value
- up ₹21 L
- Status
- Added
- Weight
- 1.47%
- Δ weight
- up 0.23 pts
- Value
- ₹3.4 Cr
- Δ value
- up ₹83 L
- Status
- Added
- Weight
- 1.47%
- Δ weight
- up 0.23 pts
- Value
- ₹3.4 Cr
- Δ value
- up ₹82 L
- Status
- Added
- Weight
- 1.37%
- Δ weight
- up 0.25 pts
- Value
- ₹3.1 Cr
- Δ value
- up ₹85 L
- Status
- Added
- Weight
- 1.34%
- Δ weight
- down 0.55 pts
- Value
- ₹3.1 Cr
- Δ value
- down ₹80 L
- Status
- Trimmed
- Weight
- 1.26%
- Δ weight
- up 1.26 pts
- Value
- ₹2.9 Cr
- Δ value
- up ₹2.9 Cr
- Status
- New
- Weight
- 1.26%
- Δ weight
- up 0.50 pts
- Value
- ₹2.9 Cr
- Δ value
- up ₹1.3 Cr
- Status
- Added
- Weight
- 1.22%
- Δ weight
- down 0.13 pts
- Value
- ₹2.8 Cr
- Δ value
- up ₹2 L
- Status
- Added
- Weight
- 1.15%
- Δ weight
- down 0.47 pts
- Value
- ₹2.6 Cr
- Δ value
- down ₹68 L
- Status
- Trimmed
- Weight
- 1.14%
- Δ weight
- down 0.01 pts
- Value
- ₹2.6 Cr
- Δ value
- up ₹25 L
- Status
- Added
- Weight
- 1.11%
- Δ weight
- up 1.11 pts
- Value
- ₹2.5 Cr
- Δ value
- up ₹2.5 Cr
- Status
- New
- Weight
- 1.06%
- Δ weight
- up 0.08 pts
- Value
- ₹2.4 Cr
- Δ value
- up ₹42 L
- Status
- Added
- Weight
- 1.05%
- Δ weight
- down 0.01 pts
- Value
- ₹2.4 Cr
- Δ value
- up ₹23 L
- Status
- Added
- Weight
- 1.04%
- Δ weight
- up 1.04 pts
- Value
- ₹2.4 Cr
- Δ value
- up ₹2.4 Cr
- Status
- New
- Weight
- 1.00%
- Δ weight
- up 0.41 pts
- Value
- ₹2.3 Cr
- Δ value
- up ₹1.1 Cr
- Status
- Added
- Weight
- 0.99%
- Δ weight
- down 0.24 pts
- Value
- ₹2.3 Cr
- Δ value
- down ₹26 L
- Status
- Trimmed
- Weight
- 0.99%
- Δ weight
- down 0.04 pts
- Value
- ₹2.3 Cr
- Δ value
- up ₹16 L
- Status
- Added
- Weight
- 0.97%
- Δ weight
- up 0.97 pts
- Value
- ₹2.2 Cr
- Δ value
- up ₹2.2 Cr
- Status
- New
- Weight
- 0.95%
- Δ weight
- down 0.23 pts
- Value
- ₹2.2 Cr
- Δ value
- down ₹24 L
- Status
- Trimmed
- Weight
- 0.78%
- Δ weight
- up 0.18 pts
- Value
- ₹1.8 Cr
- Δ value
- up ₹56 L
- Status
- Added
- Weight
- 0.77%
- Δ weight
- down 0.19 pts
- Value
- ₹1.8 Cr
- Δ value
- down ₹21 L
- Status
- Trimmed
- Weight
- 0.54%
- Δ weight
- up 0.54 pts
- Value
- ₹1.2 Cr
- Δ value
- up ₹1.2 Cr
- Status
- New
- Weight
- 0.51%
- Δ weight
- up 0.51 pts
- Value
- ₹1.2 Cr
- Δ value
- up ₹1.2 Cr
- Status
- New
- Weight
- 0.48%
- Δ weight
- up 0.06 pts
- Value
- ₹1.1 Cr
- Δ value
- up ₹24 L
- Status
- Added
- Weight
- 0.46%
- Δ weight
- up 0.46 pts
- Value
- ₹1 Cr
- Δ value
- up ₹1 Cr
- Status
- New
What changed, Nov 2023 to Apr 2024
New New positions (8)
- PB Fintech Limited2.3% · ₹5.2 Cr
- Kalyan Jewellers India Limited1.3% · ₹2.9 Cr
- REC Limited1.1% · ₹2.5 Cr
- Avenue Supermarts Limited1.0% · ₹2.4 Cr
- BSE Limited1.0% · ₹2.2 Cr
- Sterling And Wilson Renewable Energy Limited0.5% · ₹1.2 Cr
- Bharat Electronics Limited0.5% · ₹1.2 Cr
- KPIT Technologies Limited0.5% · ₹1 Cr
Exited Exited (4)
Sectors
Which sectors the fund is moving towards and away from, and where its money sits now. Shares are of the fund’s classified equity holdings, so they add up to 100%.
Where the weight moved
Compared with
Since Nov 2023, the weight rose most in Financial Technology (fintech) (+2.3 pts) and Capital Markets (+2.3 pts), and fell most in Banks (−5.3 pts) and Diversified FMCG (−2.3 pts).
- Financial Technology (fintech)0.0% → 2.3%new+2.3 pts
- Capital Markets5.6% → 7.9%+2.3 pts
- Consumer Durables8.5% → 10.6%+2.1 pts
- Industrial Products5.6% → 6.8%+1.3 pts
- Finance0.0% → 1.1%new+1.1 pts
- Retailing0.0% → 1.1%new+1.1 pts
- Banks23.2% → 17.9%−5.3 pts
- Diversified FMCG2.3% → 0.0%exited−2.3 pts
- Insurance2.2% → 0.0%exited−2.2 pts
- Automobiles4.5% → 2.9%−1.6 pts
- Fertilizers & Agrochemicals1.1% → 0.0%exited−1.1 pts
- Entertainment1.9% → 1.4%−0.5 pts
A sector’s weight changes when the fund buys or sells, and also when its shares rise or fall in price, so a change is not by itself a sign of buying or selling.
Main sectors’ weights over time
| Sector | Apr 2023 | Oct 2023 | Nov 2023 | Nov 2023 | Apr 2024 |
|---|---|---|---|---|---|
| Banks | 30.1% | 23.8% | 23.2% | 23.2% | 17.9% |
| Consumer Durables | 7.5% | 8.5% | 8.5% | 8.5% | 10.6% |
| Construction | 6.2% | 7.3% | 7.0% | 7.0% | 8.0% |
| Capital Markets | 1.8% | 5.0% | 5.6% | 5.6% | 7.9% |
| IT - Software | 11.2% | 8.7% | 7.7% | 7.7% | 7.4% |
| Industrial Products | 4.0% | 5.2% | 5.6% | 5.6% | 6.8% |
| Realty | 5.0% | 5.4% | 6.0% | 6.0% | 6.5% |
| Pharmaceuticals & Biotechnology | 6.4% | 7.0% | 6.2% | 6.2% | 6.4% |
| Petroleum Products | 4.3% | 4.8% | 4.7% | 4.7% | 4.9% |
| Automobiles | 3.5% | 4.2% | 4.5% | 4.5% | 2.9% |
Allocation in Apr 2024change vs Nov 2023
- Banks (4)17.9%▼ 5.3 pts
Cash and debt
The share of the portfolio not in shares: cash and net receivables, money-market instruments and bonds, as disclosed each month. Cash can dip below zero when payables, often on derivative positions, exceed it. A change here describes what the fund did; it is not a signal.
Cash & debt, Apr 2024
2.2%
▲ 0.8 pts vs Nov 2023
- Cash alone
- 2.3%
- cash and net receivables
- A year earlier
- 1.9%
- Apr 2023 · now ▲ 0.3 pts
- Last 12 months
- 0.7% – 3.2%
- lowest to highest · record 3.2% in Sep 2023
History
Disclosed portfolio value by month, with the stocks the fund entered and exited against its previous disclosure. Every month is a link to that portfolio.