HSBC Focused Equity Fund

HSBC Focused Equity Fund NFO Details

HSBC Focused Equity Fund NFO Period From July 1st to July 15th, 2020:

HSBC  Mutual Fund launched a new fund offer. The NFO is an HSBC Focused Equity Fund. It comes as a Focused Fund. The NFO subscription period starts on 1st July and it will end on 15th July 2020. 

NFO Details:

Fund Name HSBC Focused Equity Fund
Fund House HSBC Mutual Fund
NFO Period  July 1st to July 15th, 2020
Benchmark S&P BSE 200 TRI

The HSBC Mutual Fund NFO offered the initial price of Rs. 10 per unit in the subscription period. The benchmark of this NFO is the S&P BSE 200 TRI.

Entry Load and Exit Load:

There were nil entry loads for this NFO. Similarly, the exit loads, for redeeming or switched out within 30 days 0.25% of the NAV applicable. For redeeming or switched out after 30 days nil.

HSBC Focused Equity Fund Minimum investment amount:

As per the draft prospectus, the minimum amount of investment is Rs. 5,000 and in multiples of ₹ 1 thereafter for growth option. Also, for the additional application with the minimum amount of Rs. 1,000 in multiples of ₹ 1 thereafter. The SIP minimum amount should be Rs. 1,000 in multiples of ₹ 1 thereafter.

Objects of the NFO:

The investment objective of the scheme is to generate long term capital appreciation and by investing predominantly in equity and equity-related instruments of up to 30 companies across market capitalization. 

Allocation Pattern:

Instruments Allocation(% of total assets) Risk Profile
Equities and Equity related securities 65% to 100% High
Debt instruments and Money Market instruments  0% to 35% Low to Medium
Units issued by REITs and InvITs 0% to 10% Medium to High

Disclaimer: This article offers just information regarding the scheme. It does not provide any advice or investment tips to investors. MF investments are fixed to market risk. Please consult your financial advisor before investing.

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