HSBC Tax Saver Equity Fund Direct Dividend is a Equity Mutual Fund Scheme launched by HSBC Mutual Fund. This scheme was introduced to investors on 01 Jan 2013. Aditya Khemani is the Current Fund Manager of HSBC Tax Saver Equity Fund Direct Dividend.The fund currently has an Asset Under Management(AUM) of ₹152 Cr and the Latest NAV as of 17 Oct 2019 is ₹21.04.
The HSBC Tax Saver Equity Fund Direct Dividend is rated Moderately High risk. Minimum SIP Investment is 500. Minimum Lumpsum Investment is 500. Nil.
Investment Objective
Aims to provide long term capital appreciation by investing in a diversified portfolio of equity & equity related instruments of companies across various sectors and industries, with no capitalisation bias. The Fund may also invest in fixed income securities.
Tax Implications
Upto Rs. 1.5 lac will be tax free under 80C. Lockin of 3 years. Returns will be taxed at 10%.
Scheme Information Document(SID)
₹500
Min for First Investment
₹500
Min for Second Investment