3 Year return

-1.01%
Launched on March 2021 (3 years)

Investment Details

₹1000

Minimum SIP Amount

₹5000

Minimum one time investment

Fund has no lock-in period

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Risk Involved

scale

Your principal will be at

Very High Risk

Scheme Information

Asset Under Management

₹83.14 Cr.

Expense Ratio

1.44% (inclusive of GST)

Exit Load

Any redemption / switch-out of units within 1 year from the date of allotment shall be subject to 1% exit load. No Exit Load will be charged, if units are redeemed / switched-out after 1 year from the date of allotment.

Ratings

ARQ Rating
0

Ratings by other agencies

0
0
0

Tax Implications

Withdrawal within 1 year:

20% tax on gains

Withdrawal after 1 year:

12.5% tax on gains above ₹1.25 lakh per financial year

Fund Holdings

Holdings

HSBC Mutual Fund Managers

SG

Sonal Gupta

Fund Manager since Apr 2022

Fund House Details

HSBC Mutual Fund

HSBC Mutual Fund Asset management company

AUM ₹127,364.56 Cr.
No. of Schemes 167
Setup Date May 2002

Peer Comparison

Comparison with other similar funds

Schemes by HSBC Mutual Fund

List of mutual fund schemes by AMC

Funds 3 Years Returns
scheme logo

Hybrid . Aggressive Hybrid Fund

HSBC Aggressive Hybrid Fund Direct Growth

13.81%
13.81%
scheme logo

Hybrid . Aggressive Hybrid Fund

HSBC Aggressive Hybrid Fund Direct IDCW Payout

13.57%
13.57%

About HSBC Global Equity Climate Change Fund of Fund Direct Growth

The HSBC Global Equity Climate Change Fund of Fund Direct Growth is a fund of funds managed by HSBC Mutual Fund. It is a direct plan, which means that there are no brokerage fees involved when you invest in the fund. A fund of funds is a type of mutual fund that invests in other mutual funds. This gives the fund the flexibility to invest in a variety of asset classes and strategies, which can help to reduce risk and improve returns. The HSBC Global Equity Climate Change Fund of Fund Direct Growth invests in the HSBC Global Equity Climate Change Fund. The HSBC Global Equity Climate Change Fund is an index fund that tracks the performance of the MSCI ACWI Climate Change Index. The MSCI ACWI Climate Change Index is a market-cap-weighted index of stocks of companies that are considered to be leaders in climate change mitigation and adaptation.

Investment Objectives of the Scheme

The investment objective of the HSBC Global Equity Climate Change Fund of Fund Direct Growth is to provide returns that closely track the returns of the MSCI ACWI Climate Change Index.

Key Features of The Fund

5-year return NA
Expense Ratio 1.44%
Fund Manager Sonal Gupta
Fund Size ₹83.14 Cr
Risk Profile Very High

Is This Scheme Right for Me?

The HSBC Global Equity Climate Change Fund of Fund Direct Growth is a good option for investors who are looking to invest in companies that are taking action on climate change. The fund offers the potential for long-term capital appreciation and can help to reduce risk by investing in a diversified portfolio of companies. However, the fund is more risky than investing in a broader index fund. There is a risk of losing money if the companies that the fund invests in do not perform as well as expected. Here are some of the factors to consider before investing in this scheme: Your investment horizon: This fund is a long-term investment, so you should only invest if you are planning to hold the units for at least 3 years. Your risk appetite: This fund is a medium-risk investment, so you should only invest if you are comfortable with the possibility of losing some or all of your investment. Your investment goals: This fund is a good option if you are looking for long-term capital appreciation. However, if you need regular income, you should consider investing in a different scheme.

AMC Contact Details

Name HSBC Mutual Fund
Launch Date May 2002
Addresss HSBC Asset Management (India) Pvt. Ltd. 9-11 Floors, NESCO IT Park, Building no. 3, Western Express Highway, Goregaon (East), Mumbai – 400 063.
Contact 1800-200-2434 / 1800 4190 200
Email investor.line@mutualfunds.hsbc.co.in
Website https://www.assetmanagement.hsbc.co.in/en/mutual-funds

Disclaimer: Mutual funds are subject to market risk. Read all scheme-related documents carefully to make informed-decision.

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FAQs

What is today's NAV of HSBC Global Equity Climate Change Fund of Fund?

NAV, or Net Asset Value, is the price of a single unit of a mutual fund. It is calculated by dividing the current value of holdings held by the mutual fund scheme at the end of the day by the total number of units issued. The NAV changes every day. The NAV of HSBC Global Equity Climate Change Fund of Fund Nov 06 2024 is 10.5698

What is the AUM of HSBC Global Equity Climate Change Fund of Fund?

Short for Asset Under Management, AUM means the total assets held by a mutual fund scheme. The AUM of the fund changes every day based on the fluctuation in the price of the underlying assets. Fund houses don't update AUM on a daily basis. They only update it at the end of the month and release it within a few days of the following month. The AUM of HSBC Global Equity Climate Change Fund of Fund is 83.14 crore.

What is the expense ratio of HSBC Global Equity Climate Change Fund of Fund?

The expense ratio is the annual charges you pay to the mutual fund house for managing your investments. It is a percentage of Assets Under Management. It is deducted from the fund’s returns. The expense ratio of HSBC Global Equity Climate Change Fund of Fund is 1.44%

What are the returns of HSBC Global Equity Climate Change Fund of Fund since inception?

The HSBC Global Equity Climate Change Fund of Fund was launched on Mar 03 2021. The fund has delivered a CAGR of 1.65 since inception.

What is the minimum SIP amount to invest in HSBC Global Equity Climate Change Fund of Fund?

A Systematic Investment Plan (SIP) in mutual funds allows you to invest small amounts periodically instead of a one-time investment. The frequency of investment can be monthly, quarterly, half-yearly or annually, as per your convenience. The minimum SIP for HSBC Global Equity Climate Change Fund of Fund is 1000.

How do I invest in HSBC Global Equity Climate Change Fund of Fund?

  1. Make sure you are logged in to Angel One.
  2. Select the type of investment: SIP or one-time.
  3. In case of an SIP, select the amount and date and click ‘Start SIP’. In case of a one-time investment, enter just the amount.
  4. Proceed by clicking the pay button and choosing your mode of payment.
  5. Your portfolio will be updated with this investment in 3-5 working days.

How to start an SIP in HSBC Global Equity Climate Change Fund of Fund?

  1. Click on the ‘Invest’ button.
  2. Enter your desired SIP amount and the SIP date.
  3. You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
  4. Choose your payment method between UPI and Net Banking.
  5. Make your payment.
  6. Your SIP is created.

How do I automate an SIP in HSBC Global Equity Climate Change Fund of Fund?

  1. Once you create an SIP, click on ‘Set up autopay’
  2. Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
  3. Once you verify the OTP, your mandate request will be created.

How can I withdraw/redeem my investment in HSBC Global Equity Climate Change Fund of Fund?

  1. Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
  2. Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
  3. Verify the details on the ‘Confirm withdraw’ screen.
  4. Select the bank account in which you want to receive the funds.
  5. You will receive your funds within three working days of placing the order.
  6. You can track your order in the ‘Orders’ section.