Loading…
Hsbc Tax Saver Equity Fund
Disclosed for 50 months, Aug 2018 to Oct 2022. This scheme is no longer reporting.Published as: HSBC TAX SAVER EQUITY FUND (An Open Ended Equity Linked Saving Scheme with a Statutory Lock-in of 3 Years and Tax Benefit )
Portfolio value
₹158 Cr
down ₹1.8 Cr vs May 2019
- Stocks held
- 35
- unchanged
- Top 10 weight
- 53.0%
- of the portfolio in its ten largest
Hsbc Tax Saver Equity Fund is an active equity fund in the ELSS (tax saving) category from HSBC Mutual Fund. In June 2019 it disclosed 35 stocks worth ₹158 Cr, down ₹1.8 Cr from May 2019. Its largest positions were HDFC Bank Limited (9.6%), ICICI Bank Limited (9.5%), Axis Bank Limited (8.4%); the ten largest together made up 53.0% of the portfolio, and Banks was the biggest sector at 36.6% of its equity. Cash and debt stood at 1.5%. Compared with May 2019 the fund entered 0 new stocks and exited 0.
Against 47 other ELSS (tax saving) funds
Concentration
91%
Top-10 weight is higher than 91% of peers
Breadth
19%
Holds more stocks than 19% of peers
Cash
19%
Holds more cash than 19% of peers
What these mean: concentration · cash
Holdings in June 2019
Download CSVEvery line the fund disclosed, with the change against May 2019. Click a column to sort; click a company to see every fund that owns it. New to these? How to read a portfolio.
| HDFC Bank Limited | 9.59% | up 0.18 pts | ₹15.2 Cr | up ₹11 L | Added |
| ICICI Bank Limited | 9.53% | up <0.01 pts | ₹15.1 Cr | down ₹17 L | Trimmed |
| Axis Bank Limited | 8.39% | up 0.10 pts | ₹13.3 Cr | up ₹0 L | Held |
| Larsen & Toubro Limited | 4.92% | up 0.04 pts | ₹7.8 Cr | down ₹2 L | Held |
| Infosys Limited | 4.00% | up 0.01 pts | ₹6.3 Cr | down ₹5 L | Trimmed |
| Maruti Suzuki India Limited | 3.55% | down 0.14 pts | ₹5.6 Cr | down ₹29 L | Trimmed |
| Torrent Pharmaceuticals Limited | 3.53% | up <0.01 pts | ₹5.6 Cr | down ₹6 L | Trimmed |
| The Federal Bank Limited | 3.31% | up 0.07 pts | ₹5.2 Cr | up ₹5 L | Added |
| State Bank of India | 3.18% | up 0.11 pts | ₹5 Cr | up ₹12 L | Added |
| ACC Limited | 3.06% | down 0.20 pts | ₹4.8 Cr | down ₹38 L | Trimmed |
| DLF Limited | 2.98% | down 0.01 pts | ₹4.7 Cr | down ₹7 L | Trimmed |
| NCL Industries Ltd. | 2.95% | down 0.40 pts | ₹4.7 Cr | down ₹69 L | Trimmed |
| Apollo Hospitals Enterprise Limited | 2.67% | up 0.26 pts | ₹4.2 Cr | up ₹37 L | Added |
| Somany Ceramics Limited | 2.63% | up 0.03 pts | ₹4.2 Cr | up ₹0 L | Held |
| Vedanta Limited | 2.18% | up 0.20 pts | ₹3.5 Cr | up ₹27 L | Added |
| GLAXOSMITHKLINE CONSUMER HEALTHCARE LTD. | 2.04% | up 0.10 pts | ₹3.2 Cr | up ₹12 L | Added |
| AU Small Finance Bank Limited | 2.03% | up 0.05 pts | ₹3.2 Cr | up ₹4 L | Added |
| Crompton Greaves Consumer Electricals Limited | 1.92% | down 0.02 pts | ₹3 Cr | down ₹7 L | Trimmed |
| Bharat Electronics Limited | 1.92% | up 0.04 pts | ₹3 Cr | up ₹2 L | Added |
| MRF Limited | 1.92% | up 0.07 pts | ₹3 Cr | up ₹7 L | Added |
| ICICI Securities Limited | 1.84% | up 0.01 pts | ₹2.9 Cr | down ₹2 L | Trimmed |
| Bharti Airtel Limited | 1.83% | up 0.01 pts | ₹2.9 Cr | down ₹2 L | Trimmed |
| Finolex Cables Limited | 1.82% | down 0.04 pts | ₹2.9 Cr | down ₹10 L | Trimmed |
| Abbott India Limited | 1.74% | up 0.24 pts | ₹2.8 Cr | up ₹34 L | Added |
| The Indian Hotels Company Limited | 1.70% | up 0.02 pts | ₹2.7 Cr | up ₹1 L | Held |
| United Breweries Limited | 1.69% | up 0.01 pts | ₹2.7 Cr | down ₹1 L | Held |
| HERITAGE FOODS LTD. | 1.65% | down 0.01 pts | ₹2.6 Cr | down ₹4 L | Trimmed |
| SBI Life Insurance Company Limited | 1.60% | up 0.08 pts | ₹2.5 Cr | up ₹10 L | Added |
| Orient Electric Limited | 1.51% | down 0.05 pts | ₹2.4 Cr | down ₹11 L | Trimmed |
| Cash, TREPS & receivables | 1.50% | down 0.30 pts | ₹2.4 Cr | down ₹51 L | Trimmed |
| Reliance Industries Limited | 1.43% | down 0.07 pts | ₹2.3 Cr | down ₹14 L | Trimmed |
| Nilkamal Limited | 1.34% | down 0.01 pts | ₹2.1 Cr | down ₹3 L | Trimmed |
| Dalmia Bharat Limited | 1.23% | down 0.14 pts | ₹1.9 Cr | down ₹25 L | Trimmed |
| Sun Pharmaceutical Industries Limited | 1.13% | down 0.01 pts | ₹1.8 Cr | down ₹4 L | Trimmed |
| Indian Terrain Fashions Limited | 0.86% | down 0.04 pts | ₹1.4 Cr | down ₹7 L | Trimmed |
| Indo Count Industries Limited | 0.83% | down 0.21 pts | ₹1.3 Cr | down ₹35 L | Trimmed |
What changed, May 2019 to Jun 2019
New New positions (0)
None.
Exited Exited (0)
None.
Added Biggest additions
- Apollo Hospitals Enterprise Limitedup ₹37 L (+0.26% pts)
- Abbott India Limitedup ₹34 L (+0.24% pts)
- Vedanta Limitedup ₹27 L (+0.20% pts)
- GLAXOSMITHKLINE CONSUMER HEALTHCARE LTD.up ₹12 L (+0.10% pts)
- State Bank of India ₹12 L (+0.11% pts)
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 May 2019, the weight rose most in Banks (+0.4 pts) and Healthcare Services (+0.3 pts), and fell most in Cement (−0.4 pts) and Cement & Cement Products (−0.4 pts).
- Banks36.2% → 36.6%+0.4 pts
- Healthcare Services2.4% → 2.7%+0.3 pts
- Pharmaceuticals & Biotechnology6.3% → 6.5%+0.2 pts
- Diversified Metals2.0% → 2.2%+0.2 pts
- Cement3.4% → 3.0%−0.4 pts
- Cement & Cement Products4.7% → 4.4%−0.4 pts
- Textiles & Apparels1.1% → 0.8%−0.2 pts
- Automobiles3.8% → 3.6%−0.2 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 | Dec 2018 | Mar 2019 | May 2019 | Jun 2019 |
|---|---|---|---|---|
| Banks | 31.9% | 34.5% | 36.2% | 36.6% |
| Pharmaceuticals & Biotechnology | 3.9% | 3.1% | 6.3% | 6.5% |
| Consumer Durables | 7.4% | 7.7% | 6.2% | 6.2% |
| Construction | 1.7% | 2.6% | 5.0% | 5.0% |
| Cement & Cement Products | 5.1% | 4.5% | 4.7% | 4.4% |
| IT - Software | 4.8% | 4.8% | 4.1% | 4.1% |
| Consumer Non Durables | 5.1% | 5.0% | 3.7% | 3.8% |
| Automobiles | 8.4% | 4.9% | 3.8% | 3.6% |
| Industrial Products | 5.0% | 4.7% | 3.3% | 3.2% |
| Realty | 1.4% | — | 3.0% | 3.0% |
Allocation in Jun 2019change vs May 2019
- Banks (6)36.6%▲ 0.4 pts
- Pharmaceuticals & Biotechnology (3)
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. More on reading cash.
Cash & debt, Jun 2019
1.5%
▼ 0.3 pts vs May 2019
- Cash alone
- 1.5%
- cash and net receivables
- A year earlier
- —
- no disclosure
- Last 12 months
- 0.3% – 3.0%
- lowest to highest · record 3.0% in Nov 2018
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.