March 27, 2024
mayank
HSBC Global Equity Climate Change FoF details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by Chanakyamfguidance.com
NAV Growth: Rs 10.1189
NAV IDCW: Rs 10.1189
Suitable For Which Investors?
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.
Fund’s 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.
Fund Manager:
1) Sonal Gupta
2) Kapil Punjabi
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.
Investment Details
| Min. Investment (Rs) | 5,000 |
| Min. Addl Investment (Rs) | 1,000 |
| Min. SIP Investment (Rs) | 500 |
| Min. Withdrawal (Rs) | 1,000 |
| Min. No of Cheques | 12 |
| Min. Balance (Rs) | — |
| Lock-in Period | NA |
| Exit Load | 1% for redemption Within 365 days |
Basic Details of HSBC Global Equity Climate Change FoF
| Fund House | HSBC Mutual Fund |
| Launch Date | 17-Mar-21 |
| Return Since Launch | 0.39% |
| Benchmark | MSCI All Country World TRI |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 140 Cr |
| (As on 29-Feb-2024) | |
| Expense | 1.44% |
| (As on 29-Feb-2024) | |
| Risk Grade | — |
| Return Grade | — |
| Turnover | — |
Trailing Returns (%)
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| HSBC Global Equity Climate Change FoF Dir | 1.97 | -0.65 | 2.98 | 3.82 | 16.57 | 12.87 | — | — | — | — |
| S&P BSE 500 TRI | 3.16 | 0.04 | -1.20 | 4.68 | 16.05 | 40.69 | — | — | — | — |
Peer Comparison
| Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | Turnover (%) | |
| HSBC Global Equity Climate Change FoF Dir | Unrated | 12.87 | — | — | 1.44 | 140 | 0.39 | 1.00 (365) | 3Y | — |
| Motilal Oswal Nasdaq 100 FOF Dir | Unrated | 46.86 | 17.28 | 24.64 | 0.18 | 4,612 | 24.37 | 1.00 (15) | 5Y 3M | — |
| Franklin India Feeder Franklin US Opp Dir | Unrated | 47.13 | 11.22 | 17.74 | 0.54 | 3,568 | 17.73 | 1.00 (365) | 11Y 2M | 2.44 |
| Kotak Nasdaq 100 FOF Dir | Unrated | 46.47 | 18.08 | — | 0.29 | 2,908 | 15.00 | — | 3Y 1M | 2.01 |
| Edelweiss US Technology Equity FoF Dir | Unrated | 59.18 | 12.06 | — | 1.46 | 2,276 | 23.92 | 1.00 (90) | 4Y | — |
How to Invest in HSBC Global Equity Climate Change FoF?
Chanakya’s Mutual Fund Guidance For HSBC Global Equity Climate Change FoF
Do not invest in this, or any other international equity fund, if you need to redeem your investment in less than five years.
Apply Online: https://invest.assetmanagement.hsbc.co.in/auth/login
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