• BSE
  • NSE
    • {{d.cmpname}}
    • {{d.price}}
    • ({{d.PerChg}}%)
Equity | News | Mutual Fund News
Mutual Fund News
HSBC Mutual Fund launches India Export Opportunities Fund
Back
(13:45, 06 Sep 2024)
HSBC Mutual Fund has introduced a new open-ended equity scheme, the HSBC India Export Opportunities Fund. This fund is designed to capitalize on the growth of India's export sector by investing in companies that generate a significant portion of their revenue from exports.

The new fund offer (NFO) is open for subscription from September 5th to 19th, 2024. Investors can choose from regular and direct plans, each with growth and IDCW options.

The HSBC India Export Opportunities Fund aims to provide long-term capital growth by investing in companies across market capitalizations. It will be managed by experienced fund managers Abhishek Gupta and Sonal Gupta. The fund is benchmarked against the Nifty 500 Total Return Index (TRI) and it requires a minimum initial investment of Rs 5,000.

The scheme will maintain a minimum exposure of 80% of net assets in equities & equity related securities of companies engaged in or expected to benefit from export of goods and services. The scheme will remain invested in the export theme regardless of the fundamental outlook, macroeconomic, environment, liquidity / prospects of the companies for this theme. This may result in volatility in scheme performance depending on outlook for the export theme.

The scheme intends to invest primarily in equities and equity-related securities of companies from the sectors/industry having exports with revenue more than 20% from outside India, including IT software and services, pharmaceuticals & biotechnology, automobiles & auto components, telecom services, petroleum products, chemicals, metals, textiles & apparels, industrial products and manufacturing, agricultural food and other products, construction, transport services, electrical equipment, and healthcare services.

The fund also has flexibility to invest upto 20% asset in other equities and equity related securities.

By investing in the HSBC India Export Opportunities Fund, investors can gain exposure to the growing Indian export sector, which is expected to benefit from favorable government policies, supply chain diversification, and competitive advantages. The Indian government has set an ambitious target to achieve $2 trillion exports by 2030 implying exports share to increase to ~29%. The government expects exports to grow at ~15% CAGR over FY24-30, with services likely to grow faster than manufacturing. This will aid India to increase its share in world manufacturing from less than 3% in 2023 to its ambition of 5% in 2030 and 10% in 2047.

Powered by Capital Market - Live News

Top
Scores
Scores 2.O
Online Dispute Redressal (ODR)
Investor Charter
Investor Complaints
Advisory for Investors
Liquidity Enhancement Scheme
KYC documents in vernacular languages
KYC documents in vernacular languages of commodities
.
Stock Broker Name Registration Number Registered Address Branch Address Contact Number Email id
DB (International) Stock Brokers Limited INZ000179035 (BROKING)

IN-DP-CDSL-266-2004 (DEPOSITORY) 		Unit No. 210/211/211A at 2nd floor, Dalal Street Commercial Cooperative Society Ltd, Block No.53, Zone 5, Gift City, Gandhinagar, Gujarat-382355 Head Office – 114, New Delhi House, 27 Barakhamba Road, Delhi 110001 011-43606162 compliance@dbonline.in
51, Mini Market T/F Mandir Wali Gali, Yusaf Sarai, New Delhi 110016 011-35936102 greenpark@dbonline.in
C-12, DB Plaza, RDC Raj Nagar, Ghaziabad 2012002 0120-4150393 ghaziabad@dbonline.in
827, Tower B3, Spaze I Tech Park, Sector 49, Sohna Road, Gurgaon, Haryana – 122001 0124-4383584 sanjay05@dbonline.in
Plot No 4, Wasme House, Film City Sector 16A, Noida – 201301 0120-4823200 compliance@dbonline.in
Out Side Jassusar Gate, Bikaner, Rajasthan – 334001 9001643408 bikaner@dbonline.in
Office No 101, City Center, Opp. High Court, M G Road, Indore 452001 9424083019 brajeshsadani@dbonline.in
203, Marshal House 25, Strand Road, Kolkata 700001 033-40055270 b032@dbonline.in
Shop No.-7, 2nd Floor, Amar Complex, Opp. Hanumaan Mandir, The Mall, Solan- 173212 6230604596 parwanoo@dbonline.in
Daga Commodities Private Limited INZ000028833 114, New Delhi House, 27 Barakhamba Road, Delhi 110001- 0120-4823200 compliance@dbonline.in
Daga Business (International) Stock Brokers (IFSC) Private Limited INZ000202436 Unit No. 228, Signature Building, Second Floor, Block 13B, Zone-1, Gift SEZ, Gandhinagar, Gujarat 382355 - 0120-4823200 compliance@dbonline.in

Investor Grievances Email ID: investors@dbonline.in


Copyright © 2016 All rights Reserved DB (International) Stock Brokers Ltd.     Designed, Developed and content powered by C-MOTS Infotech( ISO 9001:2015 certified )
"KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary."         "Prevent Unauthorized Transactions in your demat account --> Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from CDSL on the same day......................issued in the interest of investors."          "No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account."
Attention Investors ::
subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries | Stock Brokers can accept securities as margin from clients only by way of pledge in the depository system w.e.f. September 01, 2020. | Update your email id and mobile number with your stock broker / depository participant and receive OTP directly from depository on your email id and/or mobile number to create pledge. | Check your securities / MF / bonds in the consolidated account statement issued by NSDL/CDSL every month........... Issued in the interest of Investors"