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
₹23.68
0.35%
NAV as on 01 May 24, 12:00 AM
very high risk
large & mid cap
equity
NAV as on 01 May 24, 12:00 AM
very high risk
large & mid cap
equity
48.83%p.a.
Last 1Y
22.04%p.a.
Last 3Y
18.95%p.a.
Last 5Y
16.99%p.a.
Since Inception
About HSBC Large and Mid Cap Fund Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the HSBC Large and Mid Cap Fund Growth scheme from HSBC Asset Management(India)Private Ltd. It is a Large & Mid-Cap mutual fund scheme that predominantly invests in Large & Mid-Cap stocks of companies. Launched on Apr 2019, HSBC Large and Mid Cap Fund Growth is Large & Mid-Cap fund of its category with 2,760.5 Cr fund under management as on Apr 2024. The expense ratio of this fund is less than that of most other Fund category Large & Mid-Cap funds.
- HSBC Large and Mid Cap Fund Growth delivered 48.8% annual returns during the last year. It has delivered 17.0% average annual returns since the fund was launched.
- HSBC Large and Mid Cap 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 seek long term capital growth through investments in both large cap and mid cap stocks.
Top 10 Holdings
Larsen & Toubro Ltd
4.32%
Trent Ltd
3.14%
Bharat Heavy Electricals Ltd
2.57%
CG Power & Industrial Solutions Ltd
2.53%
Zensar Technologies Ltd
2.51%
Zomato Ltd
2.50%
Bharat Electronics Ltd
2.20%
Power Finance Corp Ltd
2.18%
Varun Beverages Ltd
2.04%
Persistent Systems Ltd
2.03%
Fund Managers
- Cheenu Gupta (Nov 2022 - Present)
- Abhishek Gupta (Apr 2024 - Present)
Key Information
View Scheme Document
HSBC Large and Mid Cap Fund Growth SIP Calculator
If invested
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For a period of
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NRI Mutual Fund Tax on HSBC Large and Mid Cap 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 Large and Mid Cap 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 Large and Mid Cap 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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