About HSBC Regular Savings Fund Direct - Dividend Monthly Reinvestment
HSBC Regular Savings Fund Direct - Dividend Monthly Reinvestment is a Balanced
mutual fund scheme from HSBC Mutual Fund
. This scheme was launched on 01 Jan 2013 and is currently managed by its fund managers Gautam Bhupal
and Kapil Punjabi
. It has an AUM of ₹96.89 Crores and the latest NAV decalared is ₹15.696 as on 20 Feb 2020 at 11:35 pm.
HSBC Regular Savings Fund Direct - Dividend Monthly Reinvestment scheme return performance in last 1 year is 14.04%, in last 3 years is 22.11% and 79.11% since scheme launch. The min. SIP amount to invest in this scheme is ₹1000.
The scheme seeks to generate reasonable returns through investments in debt and money market instruments. It would also invest in equity and equity related instruments to seek capital appreciation, but this allocation shall not exceed 25 per cent.
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.