HSBC Small Cap Equity Fund Direct Growth is a Equity Mutual Fund Scheme launched by HSBC Mutual Fund. This scheme was introduced to investors on 01 Jan 2013. Dhiraj Sachdev is the Current Fund Manager of HSBC Small Cap Equity Fund Direct Growth.The fund currently has an Asset Under Management(AUM) of ₹659 Cr and the Latest NAV as of 18 Sep 2019 is ₹45.63.
The HSBC Small Cap Equity Fund Direct Growth is rated Moderately High risk. Minimum SIP Investment is 1000. Minimum Lumpsum Investment is 10000. Exit load of 1% if redeemed within 1 year.
Investment Objective
The Fund is an open ended Equity Scheme seeking to generate long term capital growth from an actively managed portfolio of equity and equity related securities primarily being midcap stocks. However, it could move a portion of its assets towards fixed income securities if the fund manager becomes cautious or negative on the Indian equity markets.
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.
Scheme Information Document(SID)
₹10000
Min for First Investment
₹1000
Min for Second Investment
Exit load of 1% if redeemed within 1 year
Exit Load