Fund Details
HSBC Cash Fund Growth
| Risk | Low |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 0.22% |
| NAV | ₹2027.09 (27 Jan 2021) |
|---|---|
| Fund Started | 01 Jun 2004 |
| Fund Size | ₹3,188 Cr |
Returns
Comparison
1. Age is more than 3 years
2. Risk is lower compared to the benchmark
3. Age is more than 3 years
4. 3Y Returns are higher than the category average returns
1. 1Y Returns are lower than the benchmark
2. 3Y Returns are lower than the benchmark
3. 5Y Returns are lower than the benchmark
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Reserve Bank of India | Financial | T-Bills | 13.4% |
| GOI | Sovereign | GOI Sec | 9.4% |
| Power Grid Corporation of India Ltd. | Energy | CP | 6.3% |
| Bank Of Baroda | Financial | CD | 6.3% |
| Punjab National Bank | Financial | CD | 6.3% |
| National Bank For Agriculture & Rural Development | Financial | CP | 5.2% |
| Reliance Industries Ltd. | Energy | CP | 4.7% |
| National Bank For Agriculture & Rural Development | Financial | CP | 4.7% |
| Kotak Securities Ltd. | Services | CP | 4.7% |
| Housing Development Finance Corpn. Ltd. | Financial | CP | 3.1% |
Fund Managers
HSBC Cash Fund Growth Details
HSBC Cash Fund Growth is a Debt Mutual Fund Scheme launched by HSBC Mutual Fund. This scheme was made available to investors on 01 Jun 2004. Kapil Punjabi is the Current Fund Manager of HSBC Cash Fund Growth fund.The fund currently has an Asset Under Management(AUM) of ₹3,188 Cr and the Latest NAV as of 27 Jan 2021 is ₹2027.09.
The HSBC Cash Fund Growth is rated Low risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 5000. Exit load of 0.0070% if redeemed within 1 day, 0.0065% if redeemed within 2 days, 0.0060% if redeemed within 3 days, 0.0055% if redeemed within 4 days, 0.0050% if redeemed within 5 days, 0.0045% if redeemed within 6 days.
Investment Objective
The scheme 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.
