Growth opportunities and potential: HSBC Financial Services Fund..!

HSBC Mutual Fund has launched HSBC Financial Services Fund, an open-ended equity scheme investing in the financial services sector. The New fund offer (NFO) opens on February 6, 2025, and closes on February 20, 2025.

The financial services sector plays a crucial role in economic growth and development of the country. Driven by increasing financial inclusion, digitalisation and supportive regulatory policies along with the shift towards Indian households channelizing their savings into financial assets, has meant that the sector is on a growth trajectory.

The HSBC Financial Services Fund aims to capitalise on the growth opportunities and potential of the financial services sector.

Investment Approach..!

The aim 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. The mix will include the traditional lending segments & non-lending segments. The companies in this mix will include:

1. Banks & Non-Banking Financial Institutions

2. Stock Broking & Allied Entities, Asset Management Company(s), Depositories, Credit Rating Agencies, Clearing Houses and Other Intermediaries

3. Financial Technology (Fintech), Exchanges and Data Platforms

4. Investment Banking Companies

5. Wealth Management Entities

6. Distributors of Financial Products

7. Insurance Companies – General, Life

8. Microfinance, Housing Finance and payment companies

9. Companies engaged in the Financial Services sector from Sector list provided by AMFI / SEBI in Industry Classification data or other financial services as identified by Fund Manager, etc.

While the lending side brings stability, strengthened regulations, and strong balance sheets, the non-lending side has companies with high growth potential, market expansion, and high ROE.

The scheme will track BSE Financial Services Index TRI.

The fund will be managed by Gautam Bhupal, SVP fund management Equities, HSBC Mutual Fund, who has strong expertise in leveraging the depth of opportunities the financial services sector has to offer, thereby providing investors the opportunity to benefit from India’s long-term growth story. This product is suitable for investors who are seeking to create wealth over the long term.

India’s GDP is projected to grow, multiplying by 8.8 times from its current $3.4 tn to $30 tn by 2047, with the financial sector expected to grow 2x of this GDP to help achieve the Viksit Bharat 2047 vision. Within this burgeoning financial landscape, witnessing a significant deepening of the non-lending sector, encompassing areas such as capital markets, insurance, deposits & currency management among others.

Propelled by technology and an evolving investor mindset, the financial ecosystem has been transformed. This fund aims to capitalize on these emerging growth prospects.

· Min. Investment ₹ 5,000

· Plans: Growth, IDCW

· Exit Load: For units in excess of 10% of the investment, 1% will be charged for redemption within 1 year

HSBC Mutual Fund has over Rs. 1.25 lakh crore assets under management (AUM) as of 31 December 2024. With a footprint at 64 locations across cities, the company offers comprehensive and tailored solutions with around 44 open ended funds including equity funds, debt funds, hybrid funds, index funds and fund of funds as on December 31, 2024.

For more details and Investing

Mr. S.Sridharan, Founder, https://www.walletwealth.co.in/

If you need any advice on investments, do call us at 9940116967.

Team Wallet Wealth,

AMFI Registered Mutual Fund Distributor

2^nd Floor, No.8A, 2^nd Main Road, Nanganallur,

Chennai – 600 061

Ph: 044-48612114

https://www.walletwealth.co.in/

Email id : sridharan@walletwealth.co.in

You can contact Mr.S.Sridharan for all types of investments including mutual fund investment, medical insurance, and life insurance.

Read articles written by Mr. S. Sridharan in Nanayam Vikatan, a leading personal financial management magazine.

https://www.vikatan.com/author/855-sridharan-s

Mutual Fund investments are subject to market risks, read all scheme related documents carefully.

Disclaimer: Mutual Fund investments are subject to market risks, read all scheme related documents carefully. The past performance of the mutual funds is not necessarily indicative of future performance of the schemes.