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
₹17.98
0.88%
NAV as on 19 Nov 24, 12:00 AM
very high risk
multi cap
equity
NAV as on 19 Nov 24, 12:00 AM
very high risk
multi cap
equity
33.82%p.a.
Last 1Y
0.00%p.a.
Last 3Y
0.00%p.a.
Last 5Y
41.55%p.a.
Since Inception
About HSBC Multi Cap Fund Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the HSBC Multi Cap Fund Growth scheme from HSBC Asset Management (India) Private Ltd. It is a Multi-Cap mutual fund scheme that predominantly invests in Multi-Cap stocks of companies. Launched on Jan 2023, HSBC Multi Cap Fund Growth is Multi-Cap fund of its category with 4,164.61 Cr fund under management as on Nov 2024. The expense ratio of this fund is less than that of most other Fund category Multi-Cap funds.
- HSBC Multi Cap Fund Growth delivered 33.8% annual returns during the last year. It has delivered 41.5% average annual returns since the fund was launched.
- HSBC Multi 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
The investment objective of the Fund is to generate long-term capital growth from an actively managed portfolio of equity and equity related securities across market capitalization. However, there can be no assurance or guarantee that the investment objective of the scheme would be achieved.
Top 10 Holdings
ICICI Bank Ltd
2.86%
HDFC Bank Ltd
2.66%
Multi Commodity Exchange of India Ltd
2.44%
Zomato Ltd
2.23%
Infosys Ltd
2.20%
The Federal Bank Ltd
2.11%
Trent Ltd
2.07%
GE Vernova T&D India Ltd
2.01%
NTPC Ltd
1.73%
Kaynes Technology India Ltd
1.70%
Fund Managers
- Kapil Punjabi (Jan 2023 - Present)
- Venugopal Manghat (Jan 2023 - Present)
- Gautam Bhupal (Apr 2024 - Present)
- Sonal Gupta (Jan 2023 - Present)
Key Information
View Scheme Document
HSBC Multi Cap Fund 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 Multi 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 Multi 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 Multi 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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Nippon India Multi Cap Fund - Growth
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23.7%
SBI Multicap Fund Growth
very high risk | equity
0.0%
HDFC Multi Cap Fund Growth
very high risk | equity
0.0%
Frequently Asked Questions
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