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
₹34.69
0.53%
NAV as on 01 Dec 24, 12:00 AM
high risk
fund of funds
equity
NAV as on 01 Dec 24, 12:00 AM
high risk
fund of funds
equity
21.21%p.a.
Last 1Y
12.78%p.a.
Last 3Y
14.64%p.a.
Last 5Y
12.47%p.a.
Since Inception
About HSBC Managed Solutions India Moderate Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the HSBC Managed Solutions India Moderate Growth scheme from HSBC Asset Management (India) Private Ltd. It is a Fund of Funds mutual fund scheme that predominantly invests in Fund of Funds stocks of companies. Launched on Apr 2014, HSBC Managed Solutions India Moderate Growth is Fund of Funds fund of its category with 60.81 Cr fund under management as on Nov 2024. The expense ratio of this fund is less than that of most other Fund category Fund of Funds funds.
- HSBC Managed Solutions India Moderate Growth delivered 21.2% annual returns during the last year. It has delivered 12.5% average annual returns since the fund was launched.
- HSBC Managed Solutions India Moderate Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
- The scheme has predominantly invested in equity
Fund Objective
The objective of the fund is to provide long term total return aimed at capital appreciation and providing income through an active asset allocation with diversification commensurate with the risk profile of investments by investing in a basket of debt, equity, gold ETFs and other ETFs, units of offshore mutual funds and money market instruments.
Top 5 Holdings
HSBC Large Cap Dir Gr
46.07%
HSBC Short Duration Dir Gr
16.51%
HSBC Small Cap Fund Dir Gr
15.43%
HSBC Medium to Long Duration Dir Gr
12.13%
HSBC Dynamic Bond Dir Gr
7.96%
Fund Managers
- Gautam Bhupal (Oct 2015 - Present)
- Cheenu Gupta (Apr 2024 - Present)
- Sonal Gupta (Nov 2022 - Present)
Key Information
View Scheme Document
HSBC Managed Solutions India Moderate Growth SIP Calculator
If invested
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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 Managed Solutions India Moderate 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 Managed Solutions India Moderate 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 Managed Solutions India Moderate 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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