| Launch date | 06 Feb 2025 |
| Allotment date | 27 Feb 2025 |
| End date | 20 Feb 2025 |
| NAV | ₹10.00 |
Expense ratio, exit load and tax
Expense ratio: 0.95%
Inclusive of GST
Exit load
Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 1 year.
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
If you redeem within one year, returns are taxed at 20%. If you redeem after one year, returns exceeding Rs 1.25 lakh in a financial year are taxed at 12.5%.
Minimum investment amounts
| Min. for 1st investment | ₹5,000 |
| Min. for 2nd investment onwards | ₹1,000 |
| Min. for SIP | ₹500 |
Fund management
Mayank ChaturvediOct 2025 - PresentView details
Fund house & investment objective
| Rank (total assets) | #21 in India |
|---|---|
| Total AUM | ₹1,39,317.89Cr |
| Date of Incorporation | 27 May 2002 |
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HSBC Financial Services Fund Direct Growth is a Equity Mutual Fund Scheme launched by HSBC Mutual Fund. This scheme was made available to investors on 27 May 2002. Gautam Bhupal is the Current Fund Manager of HSBC Financial Services Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹1,39,318 Cr and the Latest NAV as of 19 Dec 2025 is ₹12.17. The HSBC Financial Services Fund Direct Growth is rated Very High risk. Minimum SIP Investment is set to ₹500. Minimum Lumpsum Investment is ₹5,000. Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 1 year. ;
Investment Objective
The scheme seeks to generate long-term capital appreciation from a portfolio that is invested predominantly in equity and equity related securities of companies engaged in financial services businesses. ;
| Fund benchmark | BSE Financial Services Total Return Index |
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