Fund Details
HSBC Focused Equity Fund Direct Dividend
| Risk | Moderately High |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 0.81% |
| NAV | ₹13.17 (21 Jan 2021) |
|---|---|
| Fund Started | 21 Jul 2020 |
| Fund Size | ₹583 Cr |
Comparison
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Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | Equity | 10.0% |
| Infosys Ltd. | Technology | Equity | 8.5% |
| ICICI Bank Ltd. | Financial | Equity | 8.2% |
| Reliance Industries Ltd. | Energy | Equity | 7.8% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 7.2% |
| Bajaj Finance Ltd. | Financial | Equity | 4.7% |
| Hindustan Unilever Ltd. | FMCG | Equity | 4.7% |
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 4.2% |
| HCL Technologies Ltd. | Technology | Equity | 4.0% |
| Maruti Suzuki India Ltd. | Automobile | Equity | 3.7% |
Fund Managers
HSBC Focused Equity Fund Direct Dividend Details
HSBC Focused Equity Fund Direct Dividend is a Equity Mutual Fund Scheme launched by HSBC Mutual Fund. This scheme was made available to investors on 21 Jul 2020. Neelotpal Sahai is the Current Fund Manager of HSBC Focused Equity Fund Direct Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹583 Cr and the Latest NAV as of 21 Jan 2021 is ₹13.17.
The HSBC Focused Equity Fund Direct Dividend is rated Moderately High risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 5000. Exit load of 1% if redeemed wihtin 1 year.
Investment Objective
The Scheme seeks long term capital growth through investments in a concentrated portfolio of equity & equity related instruments of up to 30 companies across market capitalization.
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.
