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HSBC Global Equity Climate Change FoF - Direct Plan


Suitability:

This is a fund that invests mainly in shares of foreign companies. When you invest for five years or more, you can expect gains that beat the inflation rate as well as returns from fixed income options. But be prepared for ups and downs in your investment value along the way.

International equity funds are suitable to invest a part of your money in for diversification, so that if the Indian markets are going through a sharp correction, a portion of your money is insulated. But make sure you invest in a fund that has a broad mandate of investing in companies of different sizes, sectors and countries.

Like for all equity funds, you must invest only through the SIP route. Click here to read a primer on SIP investing.

Warning: Do not invest in this, or any other international equity fund, if you need to redeem your investment in less than five years.

Taxability of earnings:

Capital gains

  • If the mutual fund units are sold after 3 years from the date of investment, gains are taxed at the rate of 20% after providing the benefit of inflation indexation.
  • If the mutual fund units are sold within 3 years from the date of investment, entire amount of gain is added to the investors' income and taxed according to the applicable slab rate.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

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(₹)
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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund -- -0.59 -1.77 -0.56 6.94 -- -- -- -- -- --
S&P BSE 500 TRI -- -0.51 1.28 6.48 12.20 -- -- -- -- -- --

As on 17-Sep-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
HSBC Global Equity Climate Change FoF - Direct Plan  | Invest Online
Unrated
Mar-21 -- -- -- 1.32 679
Franklin India Feeder Franklin US Opportunities Fund - Direct Plan  | Invest Online Now
Unrated
Jan-13 34.57 24.38 25.20 0.52 3,919
Motilal Oswal Nasdaq 100 FOF - Direct Plan  | Invest Online
Unrated
Nov-18 37.19 -- -- 0.10 3,631
Motilal Oswal S&P 500 Index Fund - Direct Plan  | Invest Online
Unrated
Apr-20 31.63 -- -- 0.49 2,058
Edelweiss US Technology Equity FoF - Direct Plan  | Invest Online
Unrated
Mar-20 46.96 -- -- 1.32 1,888

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 2.81 18-Jun-2021 - 25-Jun-2021 -4.64 27-Apr-2021 - 04-May-2021
Month 6.60 19-Jul-2021 - 18-Aug-2021 -5.45 19-Apr-2021 - 19-May-2021
Quarter 12.26 12-May-2021 - 11-Aug-2021 -0.75 19-Apr-2021 - 19-Jul-2021
Year -- - -- -

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund -- -- -- -- -- --
S&P BSE 500 TRI* 16.64 22.81 0.55 0.63 -- --

The Risk Measures have been calculated using calendar month returns for the last three years.

As on

* As on 31-Aug-2021

Asset Allocation (%)

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Concentration & Valuation

The underlying data is unavailable.

Sector Allocation vis-à-vis Category

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Top Holdings

Company Sector P/E 3Y High 3Y Low % Assets
equal HSBC GIF - Global Equity Climate Change JC Financial -- 98.20

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 31-Aug-2021

Fund Manager

— Anitha Rangan since 14-Aug-2021

Education: She holds PGDBM from S.P. Jain Institute of Management Research, C.A. and M.Com.

Experience: Prior to joining HSBC AMC, she has worked with Crisil Ltd. as Senior Manager , Nomura Structured Financial Services as Vice President - Credit Research , Lehman Brothers Structured Financial Services as Analyst - Credit Research and Ambattur Clothing Ltd. as Executive.

Funds Managed:

— Kapil Punjabi since 03-Mar-2021

Education: Mr. Kapil Punjabi is MMS from Mumbai University.

Experience: Prior to joining HSBC Asset Management (India) Pvt. Ltd., he has worked with Taurus Asset Management Co. Ltd., Edelweiss Asset Management Ltd., Edelweiss Securities Ltd. and Trans Market Group Research (India) Pvt. Ltd.

Funds Managed:


-0.59%

Change from previous, NAV as on 17-Sep-2021

Growth: ₹ 10.7820

IDCW: ₹ 10.7820


Investment Strategy

The scheme seeks 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.

Investment Details

Minimum Investment (₹) 5,000
Minimum Addl Investment (₹) 1,000
Minimum SIP Investment (₹) 500
Minimum No of Cheques 12
Minimum Withdrawal (₹) 1,000
Minimum Balance (₹) --
Lock-in Period Not Applicable
Exit Load 1% for redemption within 365 days

Basic Details

Fund House: HSBC Mutual Fund
Launch Date: 17-Mar-2021
Return Since Launch: 7.82%
Benchmark: MSCI All Country World TRI
Riskometer: Very High
Type: Open-ended
Assets: ₹ 679 Cr (As on 31-Aug-2021)
Expense: 1.32% (As on 31-Aug-2021)
Risk Grade: --
Return Grade: --
Turnover: --

Contact Information

AMC: HSBC Global Asset Management Company (India) Private Limited

Address: 9-11th Floor, NESCO - IT Park Bldg. 3, Nesco Complex, Western Express Highway, Goregaon East, Mumbai - 400063

Phone: 022-66145000 / 66668819 / 1800-200-2434

Fax: 022-40029600

Email: [email protected]

Website: http://www.assetmanagement.hsbc.co.in

Registrar & Transfer Agent: Computer Age Management Services Ltd.

Address: 7th Floor, Tower II, Rayala Towers, 158, Anna Salai, Chennai - 600002

Phone: 1800-3010-6767 / 1800-419-7676

Fax: 044-30407101

Email: [email protected]

Website: www.camsonline.com

Upcoming Video

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The Case for ESG Investing

DateThursday, 30-Sep-2021
Time04:00 PM - 04:30 PM