NFO Monitor

Fund Fact

Name of Funds:

HSBC Consumption

Opening:

10th August 2023

Closing:

24th August 2023

Minimum Investment:

Rs. 5,000/- per application and in multiples of Re. 1/- thereafter

Plan:

Regular and Direct

Options:

Growth and IDCW

Entry Load:

Nil

Exit Load:

1% of NAV if units redeemed or switched out exceeds 10% of units purchased within 1 year from the date of allotment

Fund Stats

Objective:

The investment objective of the Fund is to generate long-term capital growth from an actively managed portfolio of equity and equity related securities of companies engaged in or expected to benefit from consumption and consumption related activities

Benchmark:

NIFTY CONSUMPTION

Fund Manager:

Gautam Bhupal, Sonal Gupta

Asset Allocation

80-100% Equity upto 20% Money Market

upto 20% Debt upto 10% Others

Comparable existing schemes

Baroda BNP Paribas India Consumption Fund	14.34(6M)	9.40(1Y)
ICICI Prudential Bharat Consumption Fund	16.33(6M)	14.66(1Y)

Fund Prognosis

Idea Distiller

The age old feel good, fail safe segment that fund houses bank upon.

Fund House AAUM:
Rs. 8805508.52 Lakhs (as on 30th June 2023)
Fund Manager:
Combined experience of above 19 years

Scheme DNA 4 fundamentals

Uniqueness

Return

Risk

Operability

Oomph Factor

Not much really. There are consumption funds and then there are quasi consumption funds like MNC which has failed top deliver.

We provide a range of tools and financial know-how that can help you make the most of your short-term and long-term investment goals.

Important Links

Fund

Snapshot

Company

Registered with AMFI AMFI Registration No: 2654 Initial Registration Date: 19th March 2003 Validity: 14th May 2025 to 23rd May 2028