|Min SIP Amount||₹500|
|NAV||₹13.51 (09 Apr 2021)|
|Fund Started||30 Jun 2020|
|Fund Size||₹577 Cr|
|HDFC Bank Ltd.||Financial||Equity||9.7%|
|ICICI Bank Ltd.||Financial||Equity||9.3%|
|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%|
HSBC Focused Equity Fund Direct Growth is a Equity Mutual Fund Scheme launched by HSBC Mutual Fund. This scheme was made available to investors on 30 Jun 2020. Neelotpal Sahai is the Current Fund Manager of HSBC Focused Equity Fund Direct Growth 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 Growth 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.
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.
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.