NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund

INVEST VIA NRE/NRO

HSBC Infrastructure Fund Growth for NRI [49.89]

Min Investment

5,000

Fund Size

2,790.49 Cr

Expense Ratio

2.0%

Exit Load

1%

SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671

49.89

2.29%

NAV as on 06 Nov 24, 12:00 AM

very high risk

equity infrastructure

equity

NAV as on 06 Nov 24, 12:00 AM

very high risk

equity infrastructure

equity

52.30%p.a.

Last 1Y

26.63%p.a.

Last 3Y

26.50%p.a.

Last 5Y

9.75%p.a.

Since Inception

About HSBC Infrastructure Fund Growth for NRIs

NRIs can achieve long-term capital appreciation by investing in the HSBC Infrastructure 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 Sep 2007, HSBC Infrastructure Fund Growth is Equity - Infrastructure fund of its category with 2,790.49 Cr fund under management as on Nov 2024. The expense ratio of this fund is less than that of most other Fund category Equity - Infrastructure funds.

  • HSBC Infrastructure Fund Growth delivered 52.3% annual returns during the last year. It has delivered 9.8% average annual returns since the fund was launched.
  • HSBC Infrastructure 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

NTPC Ltd

8.55%

Larsen & Toubro Ltd

7.38%

Bharat Electronics Ltd

7.29%

Bharti Airtel Ltd

5.74%

Aditya Birla Real Estate Ltd

4.06%

Reliance Industries Ltd

3.89%

UltraTech Cement Ltd

3.76%

ABB India Ltd

2.60%

Dixon Technologies (India) Ltd

2.46%

Finolex Cables Ltd

2.28%

Fund Managers

  1. Venugopal Manghat (Dec 2019 - Present)
  2. Gautam Bhupal (Nov 2022 - Present)
  3. Sonal Gupta (Nov 2022 - Present)

Key Information

View Scheme Document

HSBC Infrastructure Fund Growth SIP Calculator

If invested

5,000

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 Infrastructure Fund Growth

Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.

Fund TypeShort-term Capital Gains (STCG) TaxLong-term Capital Gains (LTCG) Tax
Equity mutual funds15%10% (above Rs. 1 lakh LTCG) without indexation*
Debt & other types of fundsAt tax slab rate20% with indexation benefits

How can NRIs invest in HSBC Infrastructure 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 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

Frequently Asked Questions