HSBC Dynamic Asset Allocation Fund Direct Growth is a Equity Mutual Fund Scheme launched by HSBC Mutual Fund. This scheme was introduced to investors on 11 Jan 2013. Sanjay Shah, Neelotpal Sahai is the Current Fund Manager of HSBC Dynamic Asset Allocation Fund Direct Growth.The fund currently has an Asset Under Management(AUM) of ₹41 Cr and the Latest NAV as of 28 Dec 2018 is ₹18.40.
The HSBC Dynamic Asset Allocation Fund Direct Growth is rated Moderately High risk. Minimum SIP Investment is 1000. Minimum Lumpsum Investment is 10000. Exit load of 1% if redeemed within 1 year.
To provide long term capital appreciation by allocating funds in equity and equity related instruments. It also has the flexibility to move, entirely if required, into debt instruments in times that the view on equity markets seems negative.
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.
Scheme Information Document(SID)
Min for First Investment
Min for Second Investment
Exit load of 1% if redeemed within 1 year