HSBC Income Plus Arbitrage Active FOF IDCW

HSBC Income Plus Arbitrage Active FOF IDCW is a scheme launched by HSBC Mutual Fund on April 30, 2014, and falls under the Domestic Hybrid FoF fund category. It currently manages an AUM of Rs 629.18 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 1.28% for managing the portfolio.

• Investing Strategy:

  To provide long term total return aimed at providing income through an active asset allocation with diversifi cation commensurate with the risk profi le of investments by predominantly investing in units of debt mutual funds as well as in a basket of equity mutual funds, gold ETFs and other ETFs and money market instruments.

• Performance:

  HSBC Income Plus Arbitrage Active FOF IDCW trailing returns over different times are -2.84% (1 year), -0.9% (3 year) and 0.97% (5 year). The average annual return of this fund stands at -3.7%.