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
₹2401.31
0.02%
NAV as on 30 Apr 24, 12:00 AM
low to moderate risk
liquid
liquid
NAV as on 30 Apr 24, 12:00 AM
low to moderate risk
liquid
liquid
7.29%p.a.
Last 1Y
5.52%p.a.
Last 3Y
5.16%p.a.
Last 5Y
6.99%p.a.
Since Inception
About HSBC Liquid Fund Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the HSBC Liquid Fund Growth scheme from HSBC Asset Management(India)Private Ltd. It is a Liquid mutual fund scheme that predominantly invests in Liquid stocks of companies. Launched on Jun 2004, HSBC Liquid Fund Growth is Liquid fund of its category with 21,137.08 Cr fund under management as on Apr 2024. The expense ratio of this fund is less than that of most other Fund category Liquid funds.
- HSBC Liquid Fund Growth delivered 7.3% annual returns during the last year. It has delivered 7.0% average annual returns since the fund was launched.
- HSBC Liquid Fund Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
- The scheme has predominantly invested in liquid
Fund Objective
Aims to provide reasonable returns, commensurate with low risk while providing a high level of liquidity, through a portfolio of money market and debt securities. However, there can be no assurance or guarantee that the investment objective of the scheme would be achieved.
Top 10 Holdings
Treps
11.19%
India (Republic of)
5.12%
India (Republic of)
4.87%
Axis Bank Limited
3.90%
91 DTB 23052024
2.93%
Small Industries Development Bank Of India
2.67%
Punjab National Bank
2.44%
Canara Bank
2.43%
National Bank For Agriculture And Rural Development
1.96%
Bank Of Baroda
1.95%
Fund Managers
- Kapil Punjabi (Mar 2014 - Present)
- Shriram Ramanathan (Nov 2022 - Present)
Key Information
View Scheme Document
HSBC Liquid 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 Liquid 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 Liquid 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 Liquid 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
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3Y Return
HDFC Liquid Fund Growth
low to moderate risk | liquid
5.5%
Kotak Liquid Fund Growth
low to moderate risk | liquid
5.5%
Axis Liquid Fund Retail Growth
low to moderate risk | liquid
5.0%
Frequently Asked Questions
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