HSBC Brazil Fund Direct Growth

HSBC Brazil Fund Direct Growth is an equity fund. This fund was started on 2 January, 2013. The fund is managed by Sonal Gupta. The fund could potentially beat inflation in the long-run.

1. HSBC Brazil Fund Direct Growth has ₹76 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
2. The fund has an expense ratio 1.
   

HSBC Brazil Fund Direct Growth has given a CAGR return of -1.79% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 14.42%, 7.09% and 3.02% respectively.

HSBC Brazil Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Basic Materials, Industrial, Energy, Utilities, Consumer Defensive, Consumer Cyclical, Health, Communication, Tech, Derivatives. Its top holdings are HSBC GIF Brazil Equity S3D

As it is a global - other mutual fund the taxation is as follows:
For short term (less than a year) capital gains will be taxed at 20%
For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefit
Dividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.

The primary investment objective of the Scheme is to provide long term capital appreciation by investing predominantly in units/shares of HSBC Global Investment Funds (HGIF) Brazil Equity Fund. The Scheme may, at the discretion of the Investment Manager, also invest in the units of other similar overseas mutual fund schemes, which may constitute a significant part of its corpus. The Scheme may also invest a certain proportion of its corpus in money market instruments and/or units of liquid mutual fund schemes, in order to meet liquidity requirements from time to time. However, there can be no assurance or guarantee that the investment objective of the scheme would be achieved.

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 1000.00. HSBC Brazil Fund Direct Growth has no lock in period.