HSBC Brazil Fund - IDCW

HSBC Brazil Fund - IDCW is a scheme launched by HSBC Mutual Fund on May 06, 2011, and falls under the International fund category. It currently manages an AUM of Rs 325.61 crore. The fund permits investments with a minimum SIP of Rs 1000 and a lump sum of Rs 5000. It charges an expense ratio of 2.4% for managing the portfolio.

• Investing Strategy:

  To provide long term capital appreciation by investing predominantly in units, shares of HSBC Global Investments Funds (HGIF) Brazil Equity Fund. The Scheme may, at the discretion of the InvestmentManager, also invest in the units of other similar overseas mutual fund schemes, which may constitute a signifi cant part of its corpus. The Scheme may also invest a certain proportion of its corpus in money market instruments and / or units of liquid mutual fund schemes, in order to meet liquidity requirements from time to time.

• Performance:

  HSBC Brazil Fund - IDCW trailing returns over different times are 59.4% (1 year), 15.45% (3 year) and 7.22% (5 year). The average annual return of this fund stands at 17.42%.