HSBC Multi Asset Active FOF IDCW

HSBC Multi Asset 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 62.31 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 1.92% for managing the portfolio.

• Investing Strategy:

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

• Performance:

  HSBC Multi Asset Active FOF IDCW trailing returns over different times are -3.02% (1 year), 6.3% (3 year) and 10.48% (5 year). The average annual return of this fund stands at -1.48%.