HSBC Regular Savings Fund Direct Growth is a Hybrid Mutual Fund Scheme launched by HSBC Mutual Fund. This scheme was introduced to investors on 11 Jan 2013. Sanjay Shah, Aditya Khemani is the Current Fund Manager of HSBC Regular Savings Fund Direct Growth.The fund currently has an Asset Under Management(AUM) of ₹105 Cr and the Latest NAV as of 18 Nov 2019 is ₹39.94.
The HSBC Regular Savings 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.
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