|Min SIP Amount||₹500|
|NAV||₹7.14 (13 Aug 2020)|
|Fund Started||02 Jan 2013|
|Fund Size||₹17 Cr|
|HSBC GIF Global Brazil Markets Equity||Financial||Forgn.MF- Equity||97.5%|
HSBC Brazil Direct Plan Growth is a Others Mutual Fund Scheme launched by HSBC Mutual Fund. This scheme was made available to investors on 02 Jan 2013. Ranjithgopal K A is the Current Fund Manager of HSBC Brazil Direct Plan Growth fund.The fund currently has an Asset Under Management(AUM) of ₹17 Cr and the Latest NAV as of 13 Aug 2020 is ₹7.14.
The HSBC Brazil Direct Plan Growth is rated High risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 5000. Exit load of 1% if redeemed within 1 year
The primary investment objective of the Scheme is to provide long term capital appreciation by investing predominantly in units / shares of HSBC Global Investments Funds (HGIF) Brazil Equity Fund. The Scheme may, at the discretion of the Investment Manager, also invest in the units of other similar overseas mutual fund schemes, which may constitute a signifi cant part of its corpus. The Scheme may also invest a certain proportion of its corpus in money market instruments and / or units of liquid mutual fund schemes, in order to meet liquidity requirements from time to time.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.