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
₹65.57
0.12%
NAV as on 04 Feb 26, 12:00 AM
moderate risk
government bond
debt
NAV as on 04 Feb 26, 12:00 AM
moderate risk
government bond
debt
2.17%p.a.
Last 1Y
5.20%p.a.
Last 3Y
4.06%p.a.
Last 5Y
7.54%p.a.
Since Inception
About HSBC Gilt Fund-Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the HSBC Gilt Fund-Growth scheme from HSBC Global Asset Management (India) Private Limited. It is a Government Bond mutual fund scheme that predominantly invests in Government Bond stocks of companies. Launched on Mar 2000, HSBC Gilt Fund-Growth is Government Bond fund of its category with 245.54 Cr fund under management as on Feb 2026. The expense ratio of this fund is less than that of most other Fund category Government Bond funds.
- HSBC Gilt Fund-Growth delivered 2.2% annual returns during the last year. It has delivered 7.5% average annual returns since the fund was launched.
- HSBC Gilt 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
To generate returns from a portfolio from investments in Government Securities. There is no assurance that the investment objective of the scheme will be realized.
Top 10 Holdings
Repo
5.44%
Net Current Assets
6.74%
6.64% Government of India 16-Jun-2035
4.30%
GOVERNMENT OF INDIA 32584 GOI 06FB33 7.26 FV RS 100
5.42%
GOVERNMENT OF INDIA 33071 GOI 19JU53 7.3 FV RS 100
12.41%
GOVERNMENT OF INDIA 34208 GOI 08AP34 7.1 FV RS 100
15.06%
GOVERNMENT OF INDIA 34238 GOI 22AP64 7.34 FV RS 100
4.32%
GOVERNMENT OF INDIA 34733 GOI 05AG54 7.09 FV RS 100
5.07%
GOVERNMENT OF INDIA 35031 GOI 07OT34 6.79 FV RS 100
8.67%
7.09% GOI MAT 25 Nov 2074
0.08%
Fund Managers
- Shriram Ramanathan (Apr 2017 - Present)
- Asif Rizwi (May 2024 - Present)
Key Information
View Scheme Document
HSBC Gilt Fund-Growth SIP Calculator
If invested
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For a period of
Investment of ₹0 could have been
₹0(+0.0%)
₹0 (+0.0%)
This Fund
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Fixed Deposit
NRI Mutual Fund Tax on HSBC Gilt 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 Gilt 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 Gilt 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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