Fund Details
HSBC Dividend Yield Equity Fund Direct Growth
| Risk | Moderately High |
|---|---|
| Min SIP Amount | Not Supported |
| Expense Ratio | 1.85% |
| NAV | ₹17.44 (30 Dec 2016) |
|---|---|
| Fund Started | 17 Jan 2013 |
| Fund Size | ₹43 Cr |
Returns
Comparison
1. Exit load is zero
1. Asset under management(AUM) is less than 100 Crs. Watch expense ratio when AUM is very low
Fund Managers
HSBC Dividend Yield Equity Fund Direct Growth Details
HSBC Dividend Yield Equity Fund Direct Growth is a Equity Mutual Fund Scheme launched by HSBC Mutual Fund. This scheme was made available to investors on 17 Jan 2013. Amaresh Mishra, Gautam Bhupal is the Current Fund Manager of HSBC Dividend Yield Equity Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹43 Cr and the Latest NAV as of 30 Dec 2016 is ₹17.44.
The HSBC Dividend Yield Equity Fund Direct Growth is rated Moderately High risk. Minimum SIP Investment is set to 1000.
Investment Objective
The scheme aims to generate dividend yield and capital appreciation by primarily investing into equities and equity related securities of domestic Indian companies.
Tax Implications
Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.
