HSBC Low Duration Fund Direct Growth is a Debt Mutual Fund Scheme launched by HSBC Mutual Fund. This scheme was introduced to investors on 19 Mar 2013. Kapil Punjabi is the Current Fund Manager of HSBC Low Duration Fund Direct Growth.The fund currently has an Asset Under Management(AUM) of ₹208 Cr and the Latest NAV as of 13 Sep 2019 is ₹16.09.
The HSBC Low Duration Fund Direct Growth is rated Moderately Low risk. Minimum SIP Investment is 1000. Minimum Lumpsum Investment is 10000. Nil.
Investment Objective
To provide liquidity and reasonable returns to the investor by investing primarily in a mix of short term debt and money market instruments.
Tax Implications
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)
₹10000
Min for First Investment
₹1000
Min for Second Investment