HSBC Flexi Debt Fund Direct Dividend monthly is a Debt Mutual Fund Scheme launched by HSBC Mutual Fund. This scheme was introduced to investors on 28 Jan 2013. Sanjay Shah is the Current Fund Manager of HSBC Flexi Debt Fund Direct Dividend monthly.The fund currently has an Asset Under Management(AUM) of ₹112 Cr and the Latest NAV as of 18 Oct 2019 is ₹10.40.
The HSBC Flexi Debt Fund Direct Dividend monthly is rated Moderate risk. Minimum SIP Investment is 1000. Minimum Lumpsum Investment is 5000. Nil.
Investment Objective
To deliver returns in the form of interest income and capital gains, along with high liquidity, commensurate with the current view on the markets and the interest rate cycle, through active investment in debt and money market instruments.
Tax Implications
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.
Scheme Information Document(SID)
₹5000
Min for First Investment
₹1000
Min for Second Investment