NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund
SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671
₹18.26
0.08%
NAV as on 19 Nov 24, 12:00 AM
low risk
arbitrage fund
equity
NAV as on 19 Nov 24, 12:00 AM
low risk
arbitrage fund
equity
7.51%p.a.
Last 1Y
5.98%p.a.
Last 3Y
5.31%p.a.
Last 5Y
5.95%p.a.
Since Inception
About HSBC Arbitrage Fund Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the HSBC Arbitrage Fund Growth scheme from HSBC Asset Management (India) Private Ltd. It is a Arbitrage Fund mutual fund scheme that predominantly invests in Arbitrage Fund stocks of companies. Launched on Jun 2014, HSBC Arbitrage Fund Growth is Arbitrage Fund fund of its category with 2,441.28 Cr fund under management as on Nov 2024. The expense ratio of this fund is less than that of most other Fund category Arbitrage Fund funds.
- HSBC Arbitrage Fund Growth delivered 7.5% annual returns during the last year. It has delivered 6.0% average annual returns since the fund was launched.
- HSBC Arbitrage Fund Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
- The scheme has predominantly invested in equity
Fund Objective
To seek to generate reasonable returns by predominantly investing in arbitrage opportunities in the cash and derivatives segments of the equity markets and by investing balance in debt and money market instruments.There is no assurance that the investment objective of the scheme will be realized.
Top 10 Holdings
Bank of Baroda
7.34%
Reliance Industries Ltd
5.90%
HSBC Liquid Dir Gr
5.14%
HDFC Bank Ltd
4.60%
364 DTB 13022025
4.02%
HSBC Ultra Short Duration Gr Dir
3.57%
HSBC Banking & PSU Debt Dir Gr
3.08%
Laurus Labs Ltd
2.96%
Vedanta Ltd
2.72%
Bandhan Bank Ltd
2.53%
Fund Managers
- Kapil Punjabi (May 2024 - Present)
- Mahesh Chhabria (Jul 2023 - Present)
- Praveen Ayathan (Jun 2014 - Present)
- Hitesh Gondhia (Oct 2023 - Present)
Key Information
View Scheme Document
HSBC Arbitrage Fund Growth SIP Calculator
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For a period of
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₹0(+0.0%)
₹0 (+0.0%)
This Fund
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Fixed Deposit
NRI Mutual Fund Tax on HSBC Arbitrage Fund Growth
Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.
| Fund Type | Short-term Capital Gains (STCG) Tax | Long-term Capital Gains (LTCG) Tax |
|---|---|---|
| Equity mutual funds | 15% | 10% (above Rs. 1 lakh LTCG) without indexation* |
| Debt & other types of funds | At tax slab rate | 20% with indexation benefits |
How can NRIs invest in HSBC Arbitrage Fund Growth?
NRIs and OCIs can download the SBNRI app to invest in mutual funds from the country of their residence. Here are a few simple steps you need to take:
- Complete your NRI KYC: Type in your personal details and attach supporting documents, like:
- PAN Number
- Overseas address proof: Any of – Water/electricity bill, postpaid mobile/internet bill, rent agreement, driving license, etc.
- Passport – front and back
- Passport size photograph
- signature
If all details are correct, your KYC will be approved within 7 to 8 business days.
- Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing in HSBC Arbitrage Fund Growth
- Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing:
- City and country of birth
- NRE/NRO bank account statement/ canceled cheque for the latest 3 months
- Nominee details
Similar Funds
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3Y Return
Kotak Equity Arbitrage Fund Growth
low risk | equity
6.5%
SBI Arbitrage Opportunities Fund Growth
low risk | equity
6.4%
ICICI Prudential Equity Arbitrage Fund Growth
low risk | equity
6.2%
Frequently Asked Questions
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