HSBC Equity Savings Fund Direct IDCW Monthly

HSBC Equity Savings Fund Direct IDCW Monthly is a Hybrid Mutual Fund Scheme launched by HSBC Mutual Fund. This scheme was made available to investors on 27 May 2002. Cheenu Gupta is the Current Fund Manager of HSBC Equity Savings Fund Direct IDCW Monthly fund. The fund currently has an Asset Under Management(AUM) of ₹13,221 Cr and the Latest NAV as of 24 Mar 2023 is ₹14.15. The HSBC Equity Savings Fund Direct IDCW Monthly is rated Moderate risk. Minimum SIP Investment is set to ₹500. Minimum Lumpsum Investment is ₹5,000. For units in excess of 0.50% of the investment,1% will be charged for redemption within 1 month. ;

Investment Objective

The scheme seeks to generate regular income by predominantly investing in arbitrage opportunities in the cash and derivatives segments of the equity markets and debt and money market instruments and to generate long-term capital appreciation through unhedged exposure to equity and equity related instruments. ;