myplexus

NFO Monitor

Fund Fact

Name of Funds:

HSBC Financial Services

Opening:

6th February 2025

Closing:

20th February 2025

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 are redeemed/ switched-out in excess of 10% of the units purchased within 1year from the date of allotment.

Fund Stats

Objective:

The investment objective of the scheme is to generate long-term capital appreciation from a portfolio that is invested predominantly in equity and equity related securities of companies engaged in financial services businesses.

Benchmark:

NIFTY Financial Services

Fund Manager:

Gautam Bhupal

Asset Allocation

80-100% Equity upto 20% Money Market

upto 20% Debt upto 10% Others

Comparable existing schemes

Nippon India Banking & Financial Services Fund	-7.18(6M)	11.26(1Y)
Bandhan Financial Services Fund	-8.63(6M)	14.53(1Y)

Fund Prognosis

Idea Distiller

The entire financial services segment has come into focus based on the interest rate cut expectations in India and the United States.

Fund House AAUM:
Rs 13099116.06 Lakhs (as on 31st December 2024)
Fund Manager:
Experience of above 20 years

Scheme DNA 4 fundamentals

Uniqueness

Return

Risk

Operability

Oomph Factor

The issue with these industry specific schemes is the time. Be very careful and remember to book profits regularly.

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