HSBC Cash Fund Direct Dividend Weekly is a Debt Mutual Fund Scheme launched by HSBC Mutual Fund. This scheme was introduced to investors on 02 Jan 2013. Kapil Punjabi is the Current Fund Manager of HSBC Cash Fund Direct Dividend Weekly.The fund currently has an Asset Under Management(AUM) of ₹5,473 Cr and the Latest NAV as of 23 Aug 2019 is ₹1120.1.
The HSBC Cash Fund Direct Dividend Weekly is rated Low risk. Minimum SIP Investment is 1000. Minimum Lumpsum Investment is 5000. Nil.
Investment Objective
Aims to provide reasonable returns, commensurate with low risk while providing a high level of liquidity, through a portfolio of money market and debt securities.
Tax Implications
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.
Scheme Information Document(SID)
₹5000
Min for First Investment
₹1000
Min for Second Investment