|Min SIP Amount||Not Supported|
|NAV||₹17.44 (30 Dec 2016)|
|Fund Started||17 Jan 2013|
|Fund Size||₹43 Cr|
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.
The scheme aims to generate dividend yield and capital appreciation by primarily investing into equities and equity related securities of domestic Indian companies.
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.