HSBC Regular Savings Fund Dividend Monthly 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 Dividend Monthly.The fund currently has an Asset Under Management(AUM) of ₹106 Cr and the Latest NAV as of 18 Oct 2019 is ₹12.15.
The HSBC Regular Savings Fund Dividend Monthly is rated Moderately High risk. Minimum SIP Investment is 1000. 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