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
₹27.49
0.14%
NAV as on 02 Dec 24, 12:00 AM
moderately high risk
credit risk
debt
NAV as on 02 Dec 24, 12:00 AM
moderately high risk
credit risk
debt
7.39%p.a.
Last 1Y
5.50%p.a.
Last 3Y
5.48%p.a.
Last 5Y
6.90%p.a.
Since Inception
About HSBC Credit Risk Fund Plan Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the HSBC Credit Risk Fund Plan Growth scheme from HSBC Asset Management (India) Private Ltd. It is a Credit Risk mutual fund scheme that predominantly invests in Credit Risk stocks of companies. Launched on Oct 2009, HSBC Credit Risk Fund Plan Growth is Credit Risk fund of its category with 580.16 Cr fund under management as on Dec 2024. The expense ratio of this fund is less than that of most other Fund category Credit Risk funds.
- HSBC Credit Risk Fund Plan Growth delivered 7.4% annual returns during the last year. It has delivered 6.9% average annual returns since the fund was launched.
- HSBC Credit Risk Fund Plan Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
- The scheme has predominantly invested in debt
Fund Objective
To generate regular returns and capital appreciation by investing predominantly in AA and below rated corporate bonds, debt, government securities and money market instruments.There is no assurance that the investment objective of the scheme will be realized.
Top 10 Holdings
7.18% Govt Stock 2033
10.71%
7.32% Govt Stock 2030
7.93%
Nuvoco Vistas Corporation Limited
6.11%
Tata Housing Development Co Ltd.
6.05%
Nirma Limited
4.62%
National Bank For Agriculture And Rural Development
4.50%
Aditya Birla Renewables Limited
4.37%
JSW Steel Limited
4.35%
DHRUVA XXIV
3.86%
Jm Financial Services Limited
3.76%
Fund Managers
- Kapil Punjabi (Nov 2022 - Present)
- Shriram Ramanathan (Nov 2012 - Present)
Key Information
View Scheme Document
HSBC Credit Risk Fund Plan Growth SIP Calculator
If invested
per month
For a period of
Investment of ₹0 could have been
₹0(+0.0%)
₹0 (+0.0%)
This Fund
₹0 (+0.0%)
Fixed Deposit
NRI Mutual Fund Tax on HSBC Credit Risk Fund Plan 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 Credit Risk Fund Plan 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 Credit Risk Fund Plan 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
Funds
3Y Return
HDFC Credit Risk Debt Fund Growth Option
moderately high risk | debt
6.1%
Aditya Birla Sun Life Credit Risk Fund Plan Growth
moderately high risk | debt
8.6%
Kotak Credit Risk Fund Growth
moderately high risk | debt
4.8%
Frequently Asked Questions
Copyright | 2021 @ SBNRI | All Rights Reserved