Equity
Direct
Global - Other
NAV as on 06-09-2024
₹ 10.33
1D
Inception Returns
0.9%
/yr
HSBC Global Equity Climate Change Fund of Fund Direct Growth is an equity fund. This fund was started on 22 March, 2021. The fund is managed by Kapil Punjabi, Sonal Gupta. The fund could potentially beat inflation in the long-run.
HSBC Global Equity Climate Change Fund of Fund Direct Growth has given a CAGR return of 0.94% since inception. Over the last 1 and 3 years the fund has given a CAGR return of 12.30% and -2.20% respectively.
HSBC Global Equity Climate Change Fund of Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Industrial, Tech, Basic Materials, Consumer Cyclical, Utilities, Health, Derivatives, Energy, Real Estate, Consumer Defensive. Its top holdings are HSBC GIF Global Eq Climate Change JC
As it is a global - other 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.
The primary investment objective of the Scheme is to provide long term capital appreciation by investing predominantly in units of HSBC Global Investment Funds – Global Equity Climate Change (HGECC). The Scheme may also invest a certain proportion of its corpus in money market instruments and / or units of overnight / liquid mutual fund schemes, in order to meet liquidity requirements from time to time. 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 1000.00. HSBC Global Equity Climate Change Fund of Fund Direct Growth has no lock in period.
Expense ratio | 1.45% |
Benchmark | MSCI ACWI NR LCL |
AUM | ₹110 Cr |
Inception Date | 22 March, 2021 |
Min Lumpsum/SIP | ₹5000/₹1000 |
Exit Load | 1.0% |
Lock In | No Lock-in |
TurnOver | 0.01% |
STCG | Selling within 36 months, gains taxed at slab rates. |
LTCG | Holding over 3 years, gains taxed at 12.5% without indexation. |
Risk | Very High Risk |
as on (06-Sep-24)
as on (31-Dec-69)
HSBC Global Equity Climate Change Fund of Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 3.57% | 3.57% |
6 Month Returns | 3.58% | 3.58% |
1 Year Returns | 12.3% | 12.3% |
3 Years Returns | -6.45% | -2.2% |
5 Years Returns | 0% | 0% |
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
HSBC Global Equity Climate Change Fund of Fund Direct Growth | - | - | - |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
HSBC Global Equity Climate Change Fund of Fund Direct Growth | - | - | - |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
HSBC Global Equity Climate Change Fund of Fund Direct Growth | 0.44 | -0.25 | - |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
HSBC Global Equity Climate Change Fund of Fund Direct Growth | 17.72 | 19.09 | - |