HSBC Tax (India) Fund

0P0000935X -  India Fund  

INR 28.64  0.18  0.62%

HSBC Tax is trading at 28.64 as of the 27th of October 2021, a -0.62 percent down since the beginning of the trading day. The fund's open price was 28.82. HSBC Tax has a very small chance of experiencing financial distress in the next few years and had a solid performance during the last 90 days. Equity ratings for HSBC Tax Saver are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 7th of November 2019 and ending today, the 27th of October 2021. Click here to learn more.
 Market Performance
25 of 100
  Odds Of Distress
Less than 1
Aims to provide long term capital appreciation by investing in a diversified portfolio of equity equity related instruments of companies across various sectors and industries, with no capitalisation bias. HSBC Tax is traded on Bombay Stock Exchange in India.. More on HSBC Tax Saver

HSBC Tax Fund Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. If you consider yourself one of those investors, make sure you clearly understand your entering position. HSBC Tax's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding HSBC Tax or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
HSBC Tax Saver is unlikely to experience financial distress in the next 2 years
The fund holds 96.88% of its total net assets in equities
Legal NameHSBC Tax Saver
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of HSBC Tax's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong BuyUndervalued
Beta In Three Year1.08
Startdate24th of February 2009
HSBC Tax Saver [0P0000935X] is traded in India and was established 27th of October 2021. The fund is listed under ELSS (Tax Savings) category and is part of HSBC Asset Management(India)Private Ltd family. HSBC Tax Saver presently has accumulated 1.58 B in total net assets with minimum initial investment of 5 K.
Check HSBC Tax Probability Of Bankruptcy

Instrument Allocation

HSBC Tax Target Price Odds Analysis

What are HSBC Tax's target price odds to finish over the current price? Depending on a normal probability distribution, the odds of HSBC Tax jumping above the current price in 90 days from now is about 6.5%. The HSBC Tax Saver probability density function shows the probability of HSBC Tax fund to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon HSBC Tax has a beta of 0.0718. This suggests as returns on the market go up, HSBC Tax average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding HSBC Tax Saver will be expected to be much smaller as well. Additionally, the company has an alpha of 0.2518, implying that it can generate a 0.25 percent excess return over DOW after adjusting for the inherited market risk (beta).
 Odds Down 28.64HorizonTargetOdds Up 28.64 
93.42%90 days
 28.64 
6.50%
Based on a normal probability distribution, the odds of HSBC Tax to move above the current price in 90 days from now is about 6.5 (This HSBC Tax Saver probability density function shows the probability of 0P0000935X Fund to fall within a particular range of prices over 90 days) .

HSBC Tax Saver Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. HSBC Tax market risk premium is the additional return an investor will receive from holding HSBC Tax long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in HSBC Tax. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although HSBC Tax's alpha and beta are two of the key measurements used to evaluate HSBC Tax's performance over the market, the standard measures of volatility play an important role as well.

HSBC Tax Against Markets

Picking the right benchmark for HSBC Tax fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in HSBC Tax fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for HSBC Tax is critical whether you are bullish or bearish towards HSBC Tax Saver at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in HSBC Tax without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Risk-Return Analysis

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Please continue to Trending Equities. Note that the HSBC Tax Saver information on this page should be used as a complementary analysis to other HSBC Tax's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.

Other Tools for 0P0000935X Fund

When running HSBC Tax Saver price analysis, check to measure HSBC Tax's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy HSBC Tax is operating at the current time. Most of HSBC Tax's value examination focuses on studying past and present price action to predict the probability of HSBC Tax's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move HSBC Tax's price. Additionally, you may evaluate how the addition of HSBC Tax to your portfolios can decrease your overall portfolio volatility.
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