HSBC Consumption Fund Direct Growth
About the Fund
HSBC Consumption Fund Direct Growth is an equity fund. This fund was started on 31 August, 2023. The fund is managed by Sonal Gupta. The fund could potentially beat inflation in the long-run.
Key Parameters
- HSBC Consumption Fund Direct Growth has ₹1377 Cr worth of assets under management (AUM) as on Jun 2024 and is less than category average.
- The fund has an expense ratio 0.7.
Returns
HSBC Consumption Fund Direct Growth has given a CAGR return of 39.15% since inception.
Holdings
HSBC Consumption Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Consumer Cyclical, Consumer Defensive, Financial Services, Communication, Health, Real Estate, Industrial, Tech, Basic Materials. Its top holdings are Varun Beverages Ltd, Bharti Airtel Ltd, Avenue Supermarts Ltd, Titan Co Ltd, Global Health Ltd
Taxation
As it is a equity - consumption mutual fund the taxation is as follows:For short term (less than a year) capital gains will be taxed at 15%For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefitDividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.
Investment objective of HSBC Consumption Fund Direct Growth
The investment objective of the Fund is to generate long-term capital growth from an actively managed portfolio of equity and equity related securities of companies engaged in or expected to benefi t from consumption and consumption related activities. However, there can be no assurance or guarantee that the investment objective of the scheme will be achieved.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 500.00. HSBC Consumption Fund Direct Growth has no lock in period.
Fund Overview
| Expense ratio | 0.73% |
Benchmark | S&P BSE 500 India TR INR |
| AUM | ₹1377 Cr |
| Inception Date | 31 August, 2023 |
| Min Lumpsum/SIP | ₹5000/₹500 |
Exit Load | 1% |
| Lock In | No Lock-in |
TurnOver | 0% |
| Risk |   Very High Risk |
Fund Distributionas on (30-Jun-24)
as on (30-Jun-24)
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 Varun Beverages Ltd | 6.05% | 0% | |
 Bharti Airtel Ltd | 5.61% | 0% | |
 Avenue Supermarts Ltd | 3.97% | 0% | |
 Titan Co Ltd | 3.87% | 0% | |
 Global Health Ltd | 3.65% | 0% |
Returns for the month of Jun
Top Growth Drivers | 1M Return |
|---|---|
 Kalyan Jewellers India Ltd | 23.9% |
HSBC Consumption Fund Direct Growth Highlights
Very High Risk
About the fund
Fund Allocations
AUM size ₹1377 Cr
Expense Ratio 0.73%
Frequently Asked Questions
HSBC Consumption Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 2.7% | 2.7% |
6 Month Returns | 22% | 22% |
1 Year Returns | 0% | 0% |
3 Years Returns | 0% | 0% |
5 Years Returns | 0% | 0% |
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
HSBC Consumption Fund Direct Growth | - | - | - |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
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Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
HSBC Consumption Fund Direct Growth | - | - | - |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
HSBC Consumption Fund Direct Growth | - | - | - |