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
₹339.64
1.22%
NAV as on 16 May 24, 12:00 AM
very high risk
mid cap
equity
NAV as on 16 May 24, 12:00 AM
very high risk
mid cap
equity
60.31%p.a.
Last 1Y
24.53%p.a.
Last 3Y
22.05%p.a.
Last 5Y
19.48%p.a.
Since Inception
NRIs can achieve long-term capital appreciation by investing in the HSBC Midcap Fund Growth 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 Aug 2004, HSBC Midcap Fund Growth is Mid-Cap fund of its category with 10,342.47 Cr fund under management as on May 2024. The expense ratio of this fund is less than that of most other Fund category Mid-Cap funds.
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.
Cummins India Ltd
3.07%
Power Finance Corp Ltd
2.76%
Suzlon Energy Ltd
2.75%
Godrej Properties Ltd
2.55%
Ipca Laboratories Ltd
2.52%
Ratnamani Metals & Tubes Ltd
2.45%
Trent Ltd
2.43%
Multi Commodity Exchange of India Ltd
2.40%
Bharat Heavy Electricals Ltd
2.32%
Indian Bank
2.28%
View Scheme Document
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
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 |
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:
If all details are correct, your KYC will be approved within 7 to 8 business days.
Funds
3Y Return
very high risk | equity
29.9%
very high risk | equity
24.9%
very high risk | equity
30.4%