HSBC Regular Savings Fund Growth is a Hybrid Mutual Fund Scheme launched by HSBC Mutual Fund. This scheme was introduced to investors on 24 Feb 2004. Sanjay Shah, Aditya Khemani is the Current Fund Manager of HSBC Regular Savings Fund Growth.The fund currently has an Asset Under Management(AUM) of ₹100 Cr and the Latest NAV as of 24 Jan 2020 is ₹39.00.
The HSBC Regular Savings Fund Growth is rated Moderately High risk. Minimum SIP Investment is 1000. Minimum Lumpsum Investment is 5000. Exit load of 1% if redeemed within 1 year.
The primary objective is to seek generation of reasonable returns through investments in Debt and Money Market Instruments. The secondary objective of the Scheme is to invest in equity and equity related instruments to seek capital appreciation.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.
Scheme Information Document(SID)
Min for First Investment
Min for Second Investment
Exit load of 1% if redeemed within 1 year