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
₹112.57
0.42%
NAV as on 16 Dec 24, 12:00 AM
very high risk
value
equity
NAV as on 16 Dec 24, 12:00 AM
very high risk
value
equity
31.81%p.a.
Last 1Y
25.27%p.a.
Last 3Y
25.81%p.a.
Last 5Y
17.36%p.a.
Since Inception
About HSBC Value Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the HSBC Value Growth scheme from HSBC Asset Management (India) Private Ltd. It is a Value mutual fund scheme that predominantly invests in Value stocks of companies. Launched on Jan 2010, HSBC Value Growth is Value fund of its category with 13,674.9 Cr fund under management as on Dec 2024. The expense ratio of this fund is less than that of most other Fund category Value funds.
- HSBC Value Growth delivered 31.8% annual returns during the last year. It has delivered 17.4% average annual returns since the fund was launched.
- HSBC Value Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
- The scheme has predominantly invested in equity
Fund Objective
To generate long-term capital appreciation from diversified portfolio of predominantly equity and equity related securities, in the Indian markets with higher focus on undervalued securities. The Scheme could also additionally invest in Foreign Securities in international markets.There is no assurance that the investment objective of the scheme will be realized.
Top 10 Holdings
ICICI Bank Ltd
4.17%
Multi Commodity Exchange of India Ltd
3.61%
HDFC Bank Ltd
3.53%
NTPC Ltd
3.46%
KEC International Ltd
3.00%
Tech Mahindra Ltd
2.86%
The Federal Bank Ltd
2.48%
Reliance Industries Ltd
2.38%
Karur Vysya Bank Ltd
2.28%
State Bank of India
2.26%
Fund Managers
- Venugopal Manghat (Nov 2012 - Present)
- Gautam Bhupal (Oct 2023 - Present)
- Sonal Gupta (Oct 2023 - Present)
Key Information
View Scheme Document
HSBC Value 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 Value 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 Value 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 Value 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
Funds
3Y Return
ICICI Prudential Value Discovery Fund Growth
very high risk | equity
23.4%
UTI Value fund Fund- Plan Growth
very high risk | equity
19.8%
Tata Equity P/E Fund Growth
very high risk | equity
22.6%
Frequently Asked Questions
Copyright | 2021 @ SBNRI | All Rights Reserved