HSBC Multi Asset Allocation Fund - Direct Plan

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Value Research Rating

Unrated

Analyst’s Choice

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Riskometer

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Very High

₹11.4869 -1.83%

As on 19-Jul-2024

Returns

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Calculate SIP Returns of HSBC Multi Asset Allocation Fund - Direct Plan

Upfront Investment

Monthly SIP Amount

Investment Duration

years

Risk info

This fund has Very High risk.

Low
Low to Moderate
Moderate
Moderately High
High
Very High

As per SEBI's Riskometer.

Portfolio of HSBC Multi Asset Allocation Fund - Direct Plan

Asset Allocation

Split between different types of investments

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Market Cap Weightage

Split between categories of Equity investments

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Peer Comparison

Other details of HSBC Multi Asset Allocation Fund - Direct Plan

Assets info

₹1,816 Cr

Exit Load (Days) info

1.00 (365)

Min. Investment (₹)

5,000

Min. Withdrawal (₹)

500

Min. SIP Investment (₹)

500

Min. No of Cheques

12

Investment Strategy

The scheme seeks to generate long-term capital growth and generate income by investing in Equity & Equity Related instruments, Debt & Money Market Securities and Gold / Silver ETFs.

Suitability

"Multi Asset Allocation funds invest your money in a mix of equity shares, bonds and commodities (usually gold) such that each has at least 10 per cent allocation at all times.

We don’t think highly of gold or other commodities as an investment. Read this article to know why. Therefore, we believe that investors can avoid these funds altogether. Instead, they might consider other varieties of hybrid funds — aggressive hybrid, balanced hybrid and conservative hybrid — which invest your money in equity shares and bonds in different proportions. You can choose from these depending upon your investment horizon, return expectations and ability to withstand volatility in the value of your investments."

Capital Gains Taxation

Tax treatment depends upon last 12-month average equity allocation and may vary from fund to fund in the category.

  • 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.

Dividend Taxation

  • 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.

Latest news on HSBC Multi Asset Allocation Fund - Direct Plan

FAQ for HSBC Multi Asset Allocation Fund - Direct Plan

HSBC Multi Asset Allocation Fund - Direct Plan is a multi asset allocation fund. Such funds invest your money in a mix of equity shares, bonds and commodities (usually gold) such that each has at least 10 per cent allocation at all times. XX

Mutual funds can be bought directly from the website of the fund house. For instance, HSBC Multi Asset Allocation Fund - Direct Plan fund can be purchased from the website of HSBC Mutual Fund. You can also buy mutual funds through platforms like MF Central, MF Utility, among others. However, if you are not comfortable buying mutual funds online, you can seek help of a mutual fund distributor. Most banks also act as mutual fund distributors. So you can connect with your bank for assistance.

The NAV of HSBC Multi Asset Allocation Fund - Direct Plan is ₹11.4869 as of 21-Jul-2024.

The AUM of HSBC Multi Asset Allocation Fund - Direct Plan Fund is ₹1,816 Cr as of 30-Jun-2024

The riskometer level of HSBC Multi Asset Allocation Fund - Direct Plan is Very High. See More

Company Percentage of Portfolio

ICICI GOLDI ETF

3.22

GOI Sec 7.18 24/07/2037

2.87

Nippon GOLDBEES ETF

2.80

SBI Gold ETF

2.66

Nippon SILVERBEES ETF

2.07
See More

As of 30-Jun-2024, HSBC Multi Asset Allocation Fund - Direct Plan had invested 67.14% in Equity, 13.3% in Commodities, 10.86% in Debt and 8.72% in Cash & Cash Eq. See More

HSBC Multi Asset Allocation Fund - Direct Plan is 0 years 4 months old. It has delivered 14.87% returns since inception. See More

1Y
3Y
5Y
7Y
10Y
Since Inception
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--
--
--
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14.87%

No, There is no lock in period in HSBC Multi Asset Allocation Fund - Direct Plan.

The expense ratio of HSBC Multi Asset Allocation Fund - Direct Plan is 0.52.

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