Fund in focus
HSBC ELSS Tax saver Fund
Most of us have a tendency to wait until the last moment in the financial year to start making tax saving investments, and more often than not, we end up making the wrong decisions. The key here is to begin investing at the start of the financial year and change the notion of “tax saving” into “tax planning”. This involves creating a strategy to help you maximise your tax savings together with wealth creation.
Why HSBC ELSS Tax saver Fund?
- The fund aims for bottom-up investment approach for stocks' and companies' selection for a well-diversified quality portfolio
- The 3 year lock-in helps the fund manager take positions in stocks with longer term potential
- The scheme focuses on delivering risk-adjusted performance over the long term coupled with tax saving under section 80C makes it an attractive investment option for long term investors
Read More: HSBC ELSS Tax saver Fund HSBC Mutual Fund