HSBC Financial Services Fund Direct Growth
Equity
Direct
Sector - Financial Services
NAV as on 12-03-2025
₹ 10.03
▲0.5%
1D
Inception Returns
0.3%
/yr
About HSBC Financial Services Fund Direct Growth
HSBC Financial Services Fund Direct Growth is an equity fund. This fund was started on 27 February, 2025. The fund is managed by . The fund could potentially beat inflation in the long-run.
Key Parameters
- HSBC Financial Services Fund Direct Growth has ₹0 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
- The fund has an expense ratio 0.
Returns
HSBC Financial Services Fund Direct Growth has given a CAGR return of 0.32% since inception.
Holdings
HSBC Financial Services Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Tech. Its top holdings are HDFC Bank Ltd, ICICI Bank Ltd, Kotak Mahindra Bank Ltd, Axis Bank Ltd, Nippon Life India Asset Management Ltd Ordinary Shares
Taxation
As it is a sector - financial services mutual fund the taxation is as follows:For short term (less than a year) capital gains will be taxed at 20%For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefitDividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.
Investment objective of HSBC Financial Services Fund Direct Growth
The investment objective of the scheme is to generate long-term capital appreciation from a portfolio that is invested predominantly in equity and equity related securities of companies engaged in financial services businesses. There is no assurance 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 Financial Services Fund Direct Growth has no lock in period.
Historical NAV & Returns
HSBC Financial Services Fund Direct Growth Overview
| Expense ratio | -- |
Benchmark | S&P BSE BANKEX INR |
| AUM | ₹0 Cr |
| Inception Date | 27 February, 2025 |
| Min Lumpsum/SIP | ₹5000/₹500 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 0% |
| 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 |   Very High Risk |
Fund Distribution
as on (31-Dec-69)
HSBC Financial Services Fund Direct Growth Highlights
Very High Risk
About the fund
Fund Allocations
Frequently Asked Questions for HSBC Financial Services Fund Direct Growth
HSBC Financial Services Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0% | 0% |
6 Month Returns | 0% | 0% |
1 Year Returns | 0% | 0% |
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 Financial Services Fund Direct Growth | - | - | - |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
HSBC Financial Services Fund Direct Growth | - | - | - |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
HSBC Financial Services Fund Direct Growth | - | - | - |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
HSBC Financial Services Fund Direct Growth | - | - | - |