HSBC Consumption Fund Direct Growth
Equity
Direct
Equity - Consumption
NAV as on 14-11-2024
₹ 14.37
▲0.2%
1D
Inception Returns
35%
/yr
About HSBC Consumption Fund Direct Growth
HSBC Consumption Fund Direct Growth is an equity fund. This fund was started on 31 August, 2023. The fund is managed by Sonal Gupta. The fund could potentially beat inflation in the long-run.
Key Parameters
- HSBC Consumption Fund Direct Growth has ₹1622 Cr worth of assets under management (AUM) as on Oct 2024 and is less than category average.
- The fund has an expense ratio 0.7.
Returns
HSBC Consumption Fund Direct Growth has given a CAGR return of 34.99% since inception. Over the last 1 year the fund has given a CAGR return of 37.90%.
Holdings
HSBC Consumption Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Consumer Cyclical, Consumer Defensive, Financial Services, Communication, Health, Real Estate, Industrial, Tech, Basic Materials. Its top holdings are Bharti Airtel Ltd, Varun Beverages Ltd, Multi Commodity Exchange of India Ltd, Titan Co Ltd, Zomato Ltd
Taxation
As it is a equity - consumption mutual fund the taxation is as follows: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 benefitDividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.
Investment objective of HSBC Consumption Fund Direct Growth
The investment objective of the Fund is to generate long-term capital growth from an actively managed portfolio of equity and equity related securities of companies engaged in or expected to benefi t from consumption and consumption related activities. However, there can be no assurance or guarantee that the investment objective of the scheme will be achieved.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 500.00. HSBC Consumption Fund Direct Growth has no lock in period.
Historical NAV & Returns
HSBC Consumption Fund Direct Growth Overview
| Expense ratio | 0.72% |
Benchmark | S&P BSE 500 India TR INR |
| AUM | ₹1622 Cr |
| Inception Date | 31 August, 2023 |
| Min Lumpsum/SIP | ₹5000/₹500 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 6.33% |
| STCG | Redeeming before 1 year, returns taxed at 20%. |
| LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
| Risk |   Very High Risk |
Trailing Returns
as on (14-Nov-24)
Fund Distribution
as on (31-Oct-24)
- This fund’s returns stands at -4.75% whereas the fund’s underlying benchmark Nifty 500 returns stands at -6.52% as on Oct'24
- This fund outperformed Nifty 500 by 1.77% in Oct'24
- AUM of the fund stands at 1.6K Cr as of Oct'24
- AUM has remained same between Oct'24 and Sep'24
Top 3 Sectors in October were Consumer Cyclical, Consumer Defensive & Financial Services
Top Growth Drivers | 1M Return |
|---|---|
 Amber Enterprises India Ltd | 18.4% |
 Radico Khaitan Ltd | 1.6% |
HSBC Consumption Fund Direct Growth Highlights
Very High Risk
About the fund
Fund Allocations
AUM size ₹1622 Cr
Expense Ratio 0.72%
Frequently Asked Questions for HSBC Consumption Fund Direct Growth
HSBC Consumption Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -6.34% | -6.34% |
6 Month Returns | 14.72% | 14.72% |
1 Year Returns | 37.9% | 37.9% |
3 Years Returns | 0% | 0% |
5 Years Returns | 0% | 0% |
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
HSBC Consumption Fund Direct Growth | 14.43 | - | - |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
HSBC Consumption Fund Direct Growth | 0.66 | - | - |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
HSBC Consumption Fund Direct Growth | 2.36 | - | - |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
HSBC Consumption Fund Direct Growth | 13.91 | - | - |