HSBC Consumption Fund Direct Growth

HSBC Consumption Fund Direct Growth is a Equity Mutual Fund Scheme launched by HSBC Mutual Fund. This scheme was made available to investors on 27 May 2002. Anish Goenka is the Current Fund Manager of HSBC Consumption Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹1,18,706 Cr and the Latest NAV as of 10 Jan 2025 is ₹14.57. The HSBC Consumption Fund Direct Growth is rated Very High risk. Minimum SIP Investment is set to ₹500. Minimum Lumpsum Investment is ₹5,000. Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 1 year. ;

Investment Objective

The scheme seeks to generate long-term capital growth from an actively managed portfolio of equity and equity related securities of companies engaged in or expected to benefi t from consumption and consumption related activities. ;