Hybrid
Direct
Multi Asset Allocation
NAV as on 31-10-2024
₹ 11.76
▲0.2%
1D
Inception Returns
17.6%
/yr
HSBC Multi Asset Allocation Fund Direct Growth is a hybrid fund. This fund was started on 28 February, 2024. The fund is managed by . This fund gives you the benefit of diversification.
HSBC Multi Asset Allocation Fund Direct Growth has given a CAGR return of 17.56% since inception.
HSBC Multi Asset Allocation Fund Direct Growth has allocated its funds majorly in Industrial, Cash Equivalent, Government, Consumer Cyclical, Corporate, Real Estate, Financial Services, Tech, Utilities, Health, Consumer Defensive, Communication.
As it is a multi asset allocation mutual fund the taxation is as follows:If the fund is equity oriented i.e. asset allocation of more than 65% in equity instruments: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 benefitGains up to Rs 1 lakh are exempt from taxation (more than 12 months).
The aim of the fund is to generate long-term capital growth and generate income by investing in Equity & Equity Related instruments, Debt & Money Market Securities and Gold / Silver ETFs. 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 500.00. HSBC Multi Asset Allocation Fund Direct Growth has no lock in period.
Expense ratio | 0.52% |
Benchmark | BSE 200 TR INR |
AUM | ₹2058 Cr |
Inception Date | 28 February, 2024 |
Min Lumpsum/SIP | ₹5000/₹500 |
Exit Load | 1.0% |
Lock In | No Lock-in |
TurnOver | 0% |
STCG | Selling within 36 months, gains taxed at slab rates. |
LTCG | Holding over 3 years, gains taxed at slab rates without indexation. |
Risk | Very High Risk |
as on (31-Oct-24)
as on (30-Sep-24)
Top 3 Sectors in September were Industrial, Government & Corporate
HSBC Multi Asset Allocation Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -2.68% | -2.68% |
6 Month Returns | 8.89% | 8.89% |
1 Year Returns | 0% | 0% |
3 Years Returns | 0% | 0% |
5 Years Returns | 0% | 0% |
AAA | 100 |