About HSBC Managed Solutions India Conservative Fund Direct- Growth
HSBC Managed Solutions India Conservative Fund Direct- Growth is a Balanced
mutual fund scheme from HSBC Mutual Fund
. This scheme was launched on 30 Apr 2014 and is currently managed by its fund managers Gautam Bhupal
and Anitha Rangan
. It has an AUM of ₹138.77 Crores and the latest NAV decalared is ₹15.456 as on 13 Dec 2019 at 9:00 pm.
HSBC Managed Solutions India Conservative Fund Direct- Growth scheme return performance in last 1 year is 6.19%, in last 3 years is 17.42% and 54.56% since scheme launch. The min. SIP amount to invest in this scheme is ₹1000.
The scheme seeks to provide long term total return primarily by seeking capital appreciation through an active asset allocation with diversification commensurate with the risk profile of investments by investing predominantly in units of equity mutual funds as well as in a basket of debt mutual funds, gold ETFs and other ETFs, offshore mutual funds and money market instruments.
About Fund Category
Conservative Hybrid Funds invest between 75% and 90% of their total assets in debt securities and the remaining in equity and equity related instruments. Investors who have a moderately high risk appetite and who want equity exposure may consider these funds to earn higher returns than pure debt funds.