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
₹32.42
-0.53%
NAV as on 12 Nov 24, 12:00 AM
moderately high risk
equity savings
equity
NAV as on 12 Nov 24, 12:00 AM
moderately high risk
equity savings
equity
22.87%p.a.
Last 1Y
12.19%p.a.
Last 3Y
12.90%p.a.
Last 5Y
9.45%p.a.
Since Inception
NRIs can achieve long-term capital appreciation by investing in the HSBC Equity Savings Growth scheme from HSBC Asset Management (India) Private Ltd. It is a Equity Savings mutual fund scheme that predominantly invests in Equity Savings stocks of companies. Launched on Oct 2011, HSBC Equity Savings Growth is Equity Savings fund of its category with 477.96 Cr fund under management as on Nov 2024. The expense ratio of this fund is less than that of most other Fund category Equity Savings funds.
To generate regular income by predominantly investing in arbitrage opportunities in the cash and derivatives segments of the equity markets and debt and money market instruments and to generate long-term capital appreciation through unhedged exposure to equity and equity related instruments.There is no assurance that the investment objective of the scheme will be realized.
HDFC Bank Ltd
5.10%
Future on HDFC Bank Ltd
5.10%
Trent Ltd
3.80%
Zomato Ltd
3.72%
Canara Bank
3.36%
Future on Canara Bank
3.36%
Suzlon Energy Ltd
3.35%
7.38% Govt Stock 2027
3.26%
Steel Authority Of India Ltd
3.25%
Future on Steel Authority Of India Ltd
3.25%
View Scheme Document
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
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 |
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:
If all details are correct, your KYC will be approved within 7 to 8 business days.
Funds
3Y Return
moderately high risk | equity
9.5%
moderately high risk | hybrid (nc)
9.2%
moderately high risk | equity
8.6%