HSBC Equity Savings Fund Direct Growth
Hybrid
Direct
Equity Savings
NAV as on 27-01-2025
₹ 34.91
1D
Inception Returns
10%
/yr
About HSBC Equity Savings Fund Direct Growth
HSBC Equity Savings Fund Direct Growth is a hybrid fund. This fund was started on 1 January, 2013. The fund is managed by Sonal Gupta, Praveen Ayathan, Kapil Punjabi, Cheenu Gupta. This fund gives you the benefit of diversification.
Key Parameters
- HSBC Equity Savings Fund Direct Growth has ₹646 Cr worth of assets under management (AUM) as on Nov 2024 and is less than category average.
- The fund has an expense ratio 0.6.
Returns
HSBC Equity Savings Fund Direct Growth has given a CAGR return of 9.98% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 14.66%, 12.36% and 12.64% respectively.
Holdings
HSBC Equity Savings Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Industrial, Government, Corporate, Consumer Cyclical, Tech, Real Estate, Energy, Basic Materials, Health, Utilities, Consumer Defensive.
Taxation
As it is a equity savings 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 benefitGains up to Rs 1 lakh are exempt from taxation (more than 12 months).
Investment objective of HSBC Equity Savings Fund Direct Growth
To generate regular income by predominantly investing in arbitrage opportunities in the cash and derivatives segments of the equity markets and debt and money market instruments and to generate long-term capital appreciation through unhedged exposure to equity and equity related instruments.There is no assurance that the investment objective of the scheme will be realized.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 500.00. HSBC Equity Savings Fund Direct Growth has no lock in period.
Historical NAV & Returns
INDmoney Rank for HSBC Equity Savings Fund Direct Growth
HSBC Equity Savings Fund Direct Growth Overview
| Expense ratio | 0.61% |
Benchmark | NIFTY Equity Savings TR INR |
| AUM | ₹646 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹5000/₹500 |
Exit Load | 0.5% |
| Lock In | No Lock-in |
TurnOver | 74.74% |
| STCG | Selling mutual fund before 1 year, returns taxed at 20%. |
| LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
| Risk |   Moderately High risk |
Trailing Returns
as on (27-Jan-25)
Fund Distribution
as on (30-Nov-24)
- AUM of the fund stands at 583.3 Cr as of Dec'24
- AUM has remained same between Dec'24 and Nov'24
Top 3 Sectors in December were Financial Services, Industrial & Government
Mutual Fund Insights
HSBC Equity Savings Fund Direct Growth Highlights
Moderately High risk
About the fund
Fund Allocations
AUM size ₹646 Cr
Expense Ratio 0.61%
Frequently Asked Questions for HSBC Equity Savings Fund Direct Growth
HSBC Equity Savings Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -6.76% | -6.76% |
6 Month Returns | -1.01% | -1.01% |
1 Year Returns | 14.66% | 14.66% |
3 Years Returns | 41.85% | 12.36% |
5 Years Returns | 81.34% | 12.64% |
- 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.
AAA | 100 |