HSBC CONSUMPTION FUND REGULAR PLAN IDCW PAYOUT

HSBC CONSUMPTION FUND REGULAR PLAN IDCW PAYOUT is a scheme launched by HSBC Mutual Fund on August 31, 2023, and falls under the Consumption fund category. It currently manages an AUM of Rs 1,645.01 crore. The fund permits investments with a minimum SIP of Rs 500 and a lump sum of Rs 5000. It charges an expense ratio of 2.08% for managing the portfolio.

• Investing Strategy:

  The investment objective of the Fund is to generate long-term capital growth from an actively managed portfolio of equity and equity related securities of companies engaged in or expected to benefi t from consumption and consumption related activities. However, there can be no assurance or guarantee that the investment objective of the scheme will be achieved

• Performance:

  HSBC CONSUMPTION FUND REGULAR PLAN IDCW PAYOUT trailing returns over different times are 1.06% (1 year), 0% (3 year) and 0% (5 year). The average annual return of this fund stands at 0.81%.