HSBC Global Equity Climate Change Fund of Fund IDCW

HSBC Global Equity Climate Change Fund of Fund IDCW is a scheme launched by HSBC Mutual Fund on March 17, 2021, and falls under the International fund category. It currently manages an AUM of Rs 52.76 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 2.09% for managing the portfolio.

• Investing Strategy:

  To provide long term capital appreciation by investing predominantly in units of HSBC Global Investment Funds – Global Equity Climate Change (HGECC). The Scheme may also invest a certain proportion of its corpus in money market instruments and / or units of overnight / liquid mutual fund schemes, in order to meet liquidity requirements from time to time.

• Performance:

  HSBC Global Equity Climate Change Fund of Fund IDCW trailing returns over different times are 7.05% (1 year), 10.75% (3 year) and 0% (5 year). The average annual return of this fund stands at 11.78%.