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
₹9.63
-2.71%
NAV as on 18 Sep 22, 12:00 AM
very high risk
mid cap
equity
NAV as on 18 Sep 22, 12:00 AM
very high risk
mid cap
equity
0.00%p.a.
Last 1Y
0.00%p.a.
Last 3Y
0.00%p.a.
Last 5Y
-5.33%p.a.
Since Inception
About HSBC Mid Cap Fund - Plan- IDCW Reinvestment for NRIs
NRIs can achieve long-term capital appreciation by investing in the HSBC Mid Cap Fund - Plan- IDCW Reinvestment scheme from HSBC Asset Management(India)Private Ltd. It is a Mid-Cap mutual fund scheme that predominantly invests in Mid-Cap stocks of companies. Launched on Sep 2021, HSBC Mid Cap Fund - Plan- IDCW Reinvestment is Mid-Cap fund of its category with 1,136.49 Cr fund under management as on Sep 2022. The expense ratio of this fund is less than that of most other Fund category Mid-Cap funds.
- HSBC Mid Cap Fund - Plan- IDCW Reinvestment delivered 0.0% annual returns during the last year. It has delivered -5.3% average annual returns since the fund was launched.
- HSBC Mid Cap Fund - Plan- IDCW Reinvestment 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 to generate long-term capital growth from an actively managed portfolio of equity and equity related securities of predominantly mid cap companies. However, there can be no assurance or guarantee that the investment objective of the scheme would be achieved
Top 10 Holdings
ABB India Ltd
5.02%
Cholamandalam Investment and Finance Co Ltd
3.82%
Ashok Leyland Ltd
3.39%
Laurus Labs Ltd
3.31%
ICICI Bank Ltd
3.12%
Vinati Organics Ltd
3.05%
PI Industries Ltd
3.02%
APL Apollo Tubes Ltd
2.92%
Max Healthcare Institute Ltd Ordinary Shares
2.91%
Navin Fluorine International Ltd
2.82%
Fund Managers
- Ankur Arora (Sep 2021 - Present)
Key Information
View Scheme Document
HSBC Mid Cap Fund - Plan- IDCW Reinvestment 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 Mid Cap Fund - Plan- IDCW Reinvestment
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 Mid Cap Fund - Plan- IDCW Reinvestment?
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 Mid Cap Fund - Plan- IDCW Reinvestment
- 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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