HSBC Cash Fund Regular Growth
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- Fund Summary
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- Why Cleartax
|Risk||Low to Moderate Risk|
|Exit Load||0.007% for 1 Days|
More about this fund
|364 DTB 03062021||11.81%|
|91 DTB 03062021||10.33%|
|364 DTB 17062021||7.37%|
|364 DTB 24062021||2.95%|
|LIC Housing Finance Limited||1.49%|
|364 DTB 10062021||0.59%|
|Larsen and Toubro Limited||0.21%|
About HSBC Cash Fund
The HSBC Cash Fund is an open-ended liquid scheme which aims to provide reasonable returns, commensurate with low risk while providing a high level of liquidity through a portfolio of money market and debt securities.
Pros & Cons of HSBC Cash Fund
The scheme invests as follows: 1. In debt instruments with an average maturity of up to 91 days – 0% to 50% of the portfolio 2. In money market instruments with an average maturity of up to 91 days – 0% to 100% of the portfolio
HSBC Cash Fund is ranked 4 in the CRISIL Liquid Fund category. Further, it has generated 7.81 percent per year returns over the last 5 years (as on December 31, 2018).
Fund Information and Statistics of HSBC Cash Fund
i) Inception/ Launch date
The scheme was launched on 04 December 2002 by HSBC Mutual Fund.
ii) Risk level
The scheme is suitable for investors seeking overnight liquidity in the short-term and invests primarily in money market instruments. It has a Low risk-level.
The minimum amount for the redemption of units is Rs. 1,000. Further, the Mutual Fund will dispatch the redemption proceeds within 1 business day (under normal circumstances) of the receipt of a valid redemption request at its Official Points of Acceptance or Collection Centers.
iv) Fund Manager
Kapil Punjabi is the Fund Manager of HSBC Cash Fund.
v) Entry / Exit load
There is no entry load or exit load in this scheme.
Tax benefits of investing in HSBC Cash Fund
- The following taxes are applicable to income arising from investing in this scheme: STCG from the debt component is added to the investor’s income and taxed as per the income-tax slab.
- LTCG component is taxed at 20% with indexation benefits.
About HSBC Mutual Fund
HSBC Mutual Fund endeavors to deliver investment expertise to investors and help them meet their investment objectives. It strives to manage risk as well as the performance of the portfolio. Further, it uses its global investment expertise to provide a wide range of investment options to investors.
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All investments come with risk. Risk is the volatility or fluctuation in the price (and returns) of the investment. Usually,
- High Risk = High possible returns
- Low Risk = Stable, relatively lower returns