|Min SIP Amount||₹500|
|NAV||₹45.71 (16 Apr 2021)|
|Fund Started||11 Jan 2013|
|Fund Size||₹81 Cr|
HSBC Regular Savings Fund Direct Growth is a Hybrid Mutual Fund Scheme launched by HSBC Mutual Fund. This scheme was made available to investors on 11 Jan 2013. Sanjay Shah, Aditya Khemani is the Current Fund Manager of HSBC Regular Savings Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹81 Cr and the Latest NAV as of 16 Apr 2021 is ₹45.71.
The HSBC Regular Savings Fund Direct 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.