Fund Details
HSBC Flexi Cap Fund IDCW
| Risk | Very High |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 2.54% |
| NAV | ₹28.34 (13 Apr 2021) |
|---|---|
| Fund Started | 24 Feb 2004 |
| Fund Size | ₹362 Cr |
Returns
Comparison
1. Age is more than 10 years
1. 1Y Returns are lower than the category average returns
2. 3Y Returns are lower than the category average returns
3. 5Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | Equity | 9.3% |
| ICICI Bank Ltd. | Financial | Equity | 8.4% |
| Infosys Ltd. | Technology | Equity | 7.5% |
| Axis Bank Ltd. | Financial | Equity | 5.8% |
| Bajaj Finance Ltd. | Financial | Equity | 5.4% |
| Reliance Industries Ltd. | Energy | Equity | 4.4% |
| Hindustan Unilever Ltd. | FMCG | Equity | 4.0% |
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 3.5% |
| State Bank of India | Financial | Equity | 2.8% |
| HCL Technologies Ltd. | Technology | Equity | 2.7% |
Fund Managers
HSBC Flexi Cap Fund IDCW Details
HSBC Flexi Cap Fund IDCW is a Equity Mutual Fund Scheme launched by HSBC Mutual Fund. This scheme was made available to investors on 24 Feb 2004. Neelotpal Sahai is the Current Fund Manager of HSBC Flexi Cap Fund IDCW fund.The fund currently has an Asset Under Management(AUM) of ₹362 Cr and the Latest NAV as of 13 Apr 2021 is ₹28.34.
The HSBC Flexi Cap Fund IDCW is rated Very High risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 5000. Exit load of 1% if redeemed within 1 year
Investment Objective
The scheme aims to invest across all market capitalisations including large, mid and small cap stocks. It will mainly focus on mid-cap companies, which have the potential to become large-caps over time. Though the fund will basically invest in equities, it may move some portion of its assets (up to 50 per cent) into debt and money market instruments, in case equity market tanks.
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.
