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
₹29.09
0.13%
NAV as on 24 Nov 22, 12:00 AM
moderate risk
dynamic bond
debt
NAV as on 24 Nov 22, 12:00 AM
moderate risk
dynamic bond
debt
0.76%p.a.
Last 1Y
3.73%p.a.
Last 3Y
4.99%p.a.
Last 5Y
7.28%p.a.
Since Inception
About HSBC Flexi Debt Fund Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the HSBC Flexi Debt Fund Growth scheme from HSBC Asset Management(India)Private Ltd. It is a Dynamic Bond mutual fund scheme that predominantly invests in Dynamic Bond stocks of companies. Launched on Oct 2007, HSBC Flexi Debt Fund Growth is Dynamic Bond fund of its category with 52.43 Cr fund under management as on Nov 2022. The expense ratio of this fund is less than that of most other Fund category Dynamic Bond funds.
- HSBC Flexi Debt Fund Growth delivered 0.8% annual returns during the last year. It has delivered 7.3% average annual returns since the fund was launched.
- HSBC Flexi Debt Fund Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
- The scheme has predominantly invested in debt
Fund Objective
Seeks to deliver returns in the form of interest income and capital gains, along with high liquidity, commensurate with the current view on the markets and the interest rate cycle, through active investment in debt and money market instruments.
Top 6 Holdings
7.38% Govt Stock 2027
18.73%
5.15% Govt Stock 2025
17.66%
7.72% Govt Stock 2025
9.53%
Indian Railway Finance Corporation Limited
9.01%
6.54% Govt Stock 2032
8.72%
5.63% Govt Stock 2026
8.69%
Fund Managers
- Ritesh Jain (Sep 2020 - Present)
Key Information
View Scheme Document
HSBC Flexi Debt Fund 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 Flexi Debt 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 Debt 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 Debt 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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