Equity
Direct
Equity - Consumption
NAV as on 06-12-2024
₹ 15.56
▲0.5%
1D
Inception Returns
40.7%
/yr
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.
HSBC Consumption Fund Direct Growth has given a CAGR return of 40.75% since inception. Over the last 1 year the fund has given a CAGR return of 39.24%.
HSBC Consumption Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Consumer Cyclical, Consumer Defensive, Financial Services, Communication, Health, Industrial, Real Estate, Tech, Basic Materials. Its top holdings are Bharti Airtel Ltd, Varun Beverages Ltd, Multi Commodity Exchange of India Ltd, PB Fintech Ltd, Dixon Technologies (India) Ltd
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.
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 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.
Expense ratio | 0.72% |
Benchmark | S&P BSE 500 India TR INR |
AUM | ₹1562 Cr |
Inception Date | 31 August, 2023 |
Min Lumpsum/SIP | ₹5000/₹500 |
Exit Load | 1.0% |
Lock In | No Lock-in |
TurnOver | 6.33% |
STCG | Selling mutual fund before 1 year, returns taxed at 20%. |
LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
Risk | Very High Risk |
as on (06-Dec-24)
as on (31-Oct-24)
Top 3 Sectors in October were Consumer Cyclical, Consumer Defensive & Financial Services
HSBC Consumption Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 4.93% | 4.93% |
6 Month Returns | 20.33% | 20.33% |
1 Year Returns | 39.24% | 39.24% |
3 Years Returns | 0% | 0% |
5 Years Returns | 0% | 0% |
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
HSBC Consumption Fund Direct Growth | 14.24 | - | - |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
HSBC Consumption Fund Direct Growth | 0.62 | - | - |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
HSBC Consumption Fund Direct Growth | 2.05 | - | - |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
HSBC Consumption Fund Direct Growth | 12.91 | - | - |