HSBC Income Plus Arbitrage Active FOF IDCW

HSBC Income Plus Arbitrage Active FOF IDCW is a fund scheme from HSBC mutual fund. It falls under a Domestic Hybrid FoF category. After being launched on 2014-04-30. HSBC Income Plus Arbitrage Active FOF IDCW has achieved Rs 21.13 Crores worth of assets under management (AUM). It allows minimum SIP of Rs 1000 and lumpsum of Rs 5000 to start the investment. The expense ratio of this fund is 1.28%.

• 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 -0.57% (1 year), -1.32% (3 year), 1.44% (5 year). The average annual return of this fund stands at -0.57%

• Fund Manager & Portfolio Allocation:

  Gautam Bhupal, Cheenu Gupta are the current fund managers of this mutual fund. The fund has a majority of its money invested in the top 5 sectors such as Sectors. First five holdings of this fund are HSBC Short Duration Dir Gr, HSBC Dynamic Bond Dir Gr, HSBC Medium to Long Duration Dir Gr, HSBC Large Cap Dir Gr, Treps Companies.