|Min SIP Amount||₹500|
|NAV||₹42.62 (12 Apr 2021)|
|Fund Started||24 Feb 2004|
|Fund Size||₹81 Cr|
HSBC Regular Savings Fund Growth is a Hybrid Mutual Fund Scheme launched by HSBC Mutual Fund. This scheme was made available to investors on 24 Feb 2004. Sanjay Shah, Aditya Khemani is the Current Fund Manager of HSBC Regular Savings Fund Growth fund.The fund currently has an Asset Under Management(AUM) of ₹81 Cr and the Latest NAV as of 12 Apr 2021 is ₹42.62.
The HSBC Regular Savings Fund Growth is rated Moderately High risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 5000. Exit load of 1% if redeemed within 1 year
The scheme seeks to generate reasonable returns through investments in debt and money market instruments. It would also invest in equity and equity related instruments to seek capital appreciation, but this allocation shall not exceed 25 per cent.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.