Fund Details
HSBC Focused Equity Fund Direct IDCW
| Risk | Very High |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 0.83% |
| NAV | ₹13.51 (09 Apr 2021) |
|---|---|
| Fund Started | 21 Jul 2020 |
| Fund Size | ₹577 Cr |
Comparison
1. Lower expense ratio - 0.82%
1. Age is less than 5 years
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | Equity | 9.7% |
| ICICI Bank Ltd. | Financial | Equity | 9.3% |
| Infosys Ltd. | Technology | Equity | 8.7% |
| Reliance Industries Ltd. | Energy | Equity | 6.1% |
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 5.7% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 4.9% |
| Bajaj Finance Ltd. | Financial | Equity | 4.8% |
| Hindustan Unilever Ltd. | FMCG | Equity | 4.3% |
| Dixon Technologies (India) Ltd. | Engineering | Equity | 4.0% |
| HCL Technologies Ltd. | Technology | Equity | 3.8% |
Fund Managers
HSBC Focused Equity Fund Direct IDCW Details
HSBC Focused Equity Fund Direct IDCW 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 IDCW fund.The fund currently has an Asset Under Management(AUM) of ₹577 Cr and the Latest NAV as of 09 Apr 2021 is ₹13.51.
The HSBC Focused Equity Fund Direct IDCW is rated Very 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.
