Hybrid
Direct
Fund Of Funds
NAV as on 06-09-2024
₹ 21.65
1D
Inception Returns
7.7%
/yr
HSBC Managed Solutions India Conservative Fund Direct Growth is a hybrid fund. This fund was started on 30 April, 2014. The fund is managed by . This fund gives you the benefit of diversification.
HSBC Managed Solutions India Conservative Fund Direct Growth has given a CAGR return of 7.74% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 11.00%, 6.50% and 7.35% respectively.
HSBC Managed Solutions India Conservative Fund Direct Growth has allocated its funds majorly in Government, Financial Services, Corporate, Industrial, Consumer Cyclical, Energy, Basic Materials, Real Estate, Consumer Defensive, Tech, Health, Cash Equivalent, Communication, Utilities.
As it is a fund of funds 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).
The objective of the Plan is to provide long term total return aimed at providing income through an active asset allocation with diversification commensurate with the risk profile of investments by investing in a basket of debt, equity, gold ETFs and other ETFs and money market instruments. However, there can be no assurance or guarantee that the investment objective of the scheme would be achieved.
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 1000.00. HSBC Managed Solutions India Conservative Fund Direct Growth has no lock in period.
Expense ratio | 0.53% |
Benchmark | CRISIL Composite Bond TR INR |
AUM | ₹27 Cr |
Inception Date | 30 April, 2014 |
Min Lumpsum/SIP | ₹5000/₹1000 |
Exit Load | 1.0% |
Lock In | No Lock-in |
TurnOver | 4.41% |
STCG | Selling within 36 months, gains taxed at slab rates. |
LTCG | Holding over 3 years, gains taxed at 12.5% without indexation. |
Risk | Moderately High risk |
as on (06-Sep-24)
as on (31-Dec-69)
Top 3 Sectors in July were Government, Financial Services & Corporate
HSBC Managed Solutions India Conservative Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 1.16% | 1.16% |
6 Month Returns | 5.31% | 5.31% |
1 Year Returns | 11% | 11% |
3 Years Returns | 20.79% | 6.5% |
5 Years Returns | 42.59% | 7.35% |
AAA | 100 |