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
₹211.88
0.78%
NAV as on 19 Nov 24, 12:00 AM
very high risk
flexi cap
equity
NAV as on 19 Nov 24, 12:00 AM
very high risk
flexi cap
equity
35.07%p.a.
Last 1Y
16.72%p.a.
Last 3Y
19.99%p.a.
Last 5Y
15.96%p.a.
Since Inception
About HSBC Flexi Cap Fund - Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the HSBC Flexi Cap Fund - Growth scheme from HSBC Asset Management (India) Private Ltd. It is a Flexi Cap mutual fund scheme that predominantly invests in Flexi Cap stocks of companies. Launched on Jan 2004, HSBC Flexi Cap Fund - Growth is Flexi Cap fund of its category with 5,164.96 Cr fund under management as on Nov 2024. The expense ratio of this fund is less than that of most other Fund category Flexi Cap funds.
- HSBC Flexi Cap Fund - Growth delivered 35.1% annual returns during the last year. It has delivered 16.0% average annual returns since the fund was launched.
- HSBC Flexi Cap 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 long term capital growth through investments made dynamically across market capitalization (i.e. Large, Mid, and Small Caps). The investmentcould be in any one, two or all three types of market capitalization. The Scheme aims to predominantly invest in equity and equity related securities.However, in line with the asset allocation pattern of the Scheme, it could move its assets between equity and fixed income securities depending on its view on these markets. However, there can be no assurance or guarantee that the investment objective of the scheme would be achieved.
Top 10 Holdings
HDFC Bank Ltd
4.27%
ICICI Bank Ltd
3.99%
Infosys Ltd
3.77%
Reliance Industries Ltd
3.37%
Bharti Airtel Ltd
2.72%
Zomato Ltd
1.95%
Larsen & Toubro Ltd
1.90%
State Bank of India
1.83%
Hindustan Unilever Ltd
1.77%
Axis Bank Ltd
1.70%
Fund Managers
- Venugopal Manghat (Apr 2024 - Present)
- Sonal Gupta (Dec 2023 - Present)
- Abhishek Gupta (Mar 2024 - Present)
Key Information
View Scheme Document
HSBC Flexi Cap Fund - Growth SIP Calculator
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NRI Mutual Fund Tax on HSBC Flexi Cap 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 Flexi Cap 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 Flexi Cap 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
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Frequently Asked Questions
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