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
₹27.89
0.32%
NAV as on 26 Nov 22, 12:00 AM
very high risk
equity infrastructure
equity
NAV as on 26 Nov 22, 12:00 AM
very high risk
equity infrastructure
equity
7.65%p.a.
Last 1Y
22.72%p.a.
Last 3Y
2.22%p.a.
Last 5Y
6.29%p.a.
Since Inception
About HSBC Infrastructure Equity Fund Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the HSBC Infrastructure Equity Fund Growth scheme from HSBC Asset Management(India)Private Ltd. It is a Equity - Infrastructure mutual fund scheme that predominantly invests in Equity - Infrastructure stocks of companies. Launched on Feb 2006, HSBC Infrastructure Equity Fund Growth is Equity - Infrastructure fund of its category with 119.71 Cr fund under management as on Nov 2022. The expense ratio of this fund is less than that of most other Fund category Equity - Infrastructure funds.
- HSBC Infrastructure Equity Fund Growth delivered 7.7% annual returns during the last year. It has delivered 6.3% average annual returns since the fund was launched.
- HSBC Infrastructure Equity 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 generate long term capital appreciation from an actively managed portfolio of equity and equity related securities by investing predominantly in equity and equity related securities of companies engaged in or expected to benefit from growth and development of Infrastructure in India. However, there can be no assurance or guarantee that the investment objective of the scheme would be achieved.
Top 10 Holdings
Larsen & Toubro Ltd
9.50%
NTPC Ltd
7.39%
Reliance Industries Ltd
6.73%
KEI Industries Ltd
5.82%
Schaeffler India Ltd
4.96%
Bharat Electronics Ltd
4.80%
UltraTech Cement Ltd
4.29%
DLF Ltd
3.97%
Adani Ports & Special Economic Zone Ltd
3.45%
Carborundum Universal Ltd
3.30%
Fund Managers
- Gautam Bhupal (May 2018 - Present)
Key Information
View Scheme Document
HSBC Infrastructure Equity Fund Growth SIP Calculator
If invested
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For a period of
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Fixed Deposit
NRI Mutual Fund Tax on HSBC Infrastructure Equity 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 Infrastructure Equity 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 Infrastructure Equity 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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