HSBC Global Equity Climate Change Fund of Fund Direct Growth
About the Fund
HSBC Global Equity Climate Change Fund of Fund Direct Growth is an equity fund. This fund was started on 22 March, 2021. The fund is managed by Kapil Punjabi, Sonal Gupta. The fund could potentially beat inflation in the long-run.
Key Parameters
- HSBC Global Equity Climate Change Fund of Fund Direct Growth has ₹115 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
- The fund has an expense ratio 1.5.
Returns
HSBC Global Equity Climate Change Fund of Fund Direct Growth has given a CAGR return of 1.32% since inception. Over the last 1 and 3 years the fund has given a CAGR return of 7.71% and 0.01% respectively.
Holdings
HSBC Global Equity Climate Change Fund of Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Industrial, Tech, Consumer Cyclical, Basic Materials, Utilities, Health, Derivatives, Energy, Real Estate, Consumer Defensive. Its top holdings are HSBC GIF Global Eq Climate Change JC
Taxation
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 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 Global Equity Climate Change Fund of Fund Direct Growth
The primary investment objective of the Scheme is to provide long term capital appreciation by investing predominantly in units of HSBC Global Investment Funds – Global Equity Climate Change (HGECC). The Scheme may also invest a certain proportion of its corpus in money market instruments and / or units of overnight / liquid mutual fund schemes, in order to meet liquidity requirements from time to time. However, there is no assurance 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 1000.00. HSBC Global Equity Climate Change Fund of Fund Direct Growth has no lock in period.
Fund Overview
| Expense ratio | 1.45% |
Benchmark | MSCI ACWI NR LCL |
| AUM | ₹115 Cr |
| Inception Date | 22 March, 2021 |
| Min Lumpsum/SIP | ₹5000/₹1000 |
Exit Load | 1% |
| Lock In | No Lock-in |
TurnOver | 0% |
| Risk |   Very High Risk |
Fund Distributionas on (31-Dec-69)
as on (30-Jun-24)
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 HSBC GIF Global Eq Climate Change JC | 97.97% | -4.9% |
HSBC Global Equity Climate Change Fund of Fund Direct Growth Highlights
Very High Risk
About the fund
Fund Allocations
AUM size ₹115 Cr
Expense Ratio 1.45%
Frequently Asked Questions
HSBC Global Equity Climate Change Fund of Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.14% | 0.14% |
6 Month Returns | 8.75% | 8.75% |
1 Year Returns | 7.71% | 7.71% |
3 Years Returns | 0.03% | 0.01% |
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 Global Equity Climate Change Fund of Fund Direct Growth | - | - | - |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
HSBC Global Equity Climate Change Fund of Fund Direct Growth | - | - | - |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
HSBC Global Equity Climate Change Fund of Fund Direct Growth | 0.09 | -0.21 | - |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
HSBC Global Equity Climate Change Fund of Fund Direct Growth | 18.08 | 19.15 | - |