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
₹47.03
0.60%
NAV as on 19 Nov 24, 12:00 AM
very high risk
equity infrastructure
equity
NAV as on 19 Nov 24, 12:00 AM
very high risk
equity infrastructure
equity
39.19%p.a.
Last 1Y
24.46%p.a.
Last 3Y
25.00%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 39.2% 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
- Venugopal Manghat (Dec 2019 - Present)
- Gautam Bhupal (Nov 2022 - Present)
- Sonal Gupta (Nov 2022 - Present)
Key Information
View Scheme Document
HSBC Infrastructure 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 Infrastructure 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 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
Similar Funds
Funds
3Y Return
ICICI Prudential Infrastructure Fund Growth
very high risk | equity
31.0%
DSP India T.I.G.E.R. Fund - Plan - Growth
very high risk | equity
29.2%
SBI Infrastructure Fund Growth
very high risk | equity
24.6%
Frequently Asked Questions
Copyright | 2021 @ SBNRI | All Rights Reserved