HSBC Aggressive Hybrid Fund Direct Growth

HSBC Aggressive Hybrid Fund Direct Growth is a hybrid fund. This fund was started on 1 January, 2013. The fund is managed by Cheenu Gupta, Shriram Ramanathan. This fund gives you the benefit of diversification.

1. HSBC Aggressive Hybrid Fund Direct Growth has ₹5893 Cr worth of assets under management (AUM) as on Jul 2024 and is more than category average.
2. The fund has an expense ratio 0.8.
   

HSBC Aggressive Hybrid Fund Direct Growth has given a CAGR return of 15.57% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 34.06%, 15.69% and 18.37% respectively.

HSBC Aggressive Hybrid Fund Direct Growth has allocated its funds majorly in Government, Industrial, Corporate, Financial Services, Consumer Cyclical, Tech, Cash Equivalent, Utilities, Real Estate, Health, Consumer Defensive, Communication, Energy, Basic Materials.

As it is a aggressive allocation mutual fund the taxation is as follows:
If the fund is equity oriented i.e. asset allocation of more than 65% in equity instruments:
For short term (less than a year) capital gains will be taxed at 15%
For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefit
Gains up to Rs 1 lakh are exempt from taxation (more than 12 months).

To seek long term capital growth and income through investments in equity and equity related securities and fixed income instruments. However, there is no assurance that the investment objective of the Scheme will be achieved.

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 500.00. HSBC Aggressive Hybrid Fund Direct Growth has no lock in period.