NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund
SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671
₹11.77
0.46%
NAV as on 08 Jul 25, 12:00 AM
risk
sector specific banks & financial services
equity
NAV as on 08 Jul 25, 12:00 AM
risk
sector specific banks & financial services
equity
0.00%p.a.
Last 1Y
0.00%p.a.
Last 3Y
0.00%p.a.
Last 5Y
0.00%p.a.
Since Inception
About HSBC FINANCIAL SERVICES FUND - PLAN - IDCW REINVESTMENT for NRIs
NRIs can achieve long-term capital appreciation by investing in the HSBC FINANCIAL SERVICES FUND - PLAN - IDCW REINVESTMENT scheme from HSBC Global Asset Management (India) Private Limited. It is a Sector Specific - Banks & Financial Services mutual fund scheme that predominantly invests in Sector Specific - Banks & Financial Services stocks of companies. Launched on Jan 1970, HSBC FINANCIAL SERVICES FUND - PLAN - IDCW REINVESTMENT is Sector Specific - Banks & Financial Services fund of its category with 0 fund under management as on Jul 2025. The expense ratio of this fund is less than that of most other Fund category Sector Specific - Banks & Financial Services funds.
- HSBC FINANCIAL SERVICES FUND - PLAN - IDCW REINVESTMENT delivered 0.0% annual returns during the last year. It has delivered 0.0% average annual returns since the fund was launched.
- HSBC FINANCIAL SERVICES FUND - PLAN - IDCW REINVESTMENT scheme tends to consistently deliver higher returns than most schemes in the same category.
- The scheme has predominantly invested in equity
Fund 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. There is no assurance that the investment objective of the scheme will be achieved
Top 10 Holdings
Treps
13.75%
HDFC Bank Ltd
7.52%
ICICI Bank Ltd
7.48%
Nippon Life India Asset Management Ltd
6.64%
State Bank Of India
5.47%
PB Fintech Ltd
4.80%
Axis Bank Ltd
4.78%
Shriram Finance Ltd
4.55%
Kotak Mahindra Bank Ltd
4.25%
Multi Commodity Exchange Of India Ltd
3.86%
Fund Managers
Key Information
View Scheme Document
HSBC FINANCIAL SERVICES FUND - PLAN - IDCW REINVESTMENT SIP Calculator
If invested
per month
For a period of
Investment of ₹0 could have been
₹0(+0.0%)
₹0 (+0.0%)
This Fund
₹0 (+0.0%)
Fixed Deposit
NRI Mutual Fund Tax on HSBC FINANCIAL SERVICES FUND - PLAN - IDCW REINVESTMENT
Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.
| Fund Type | Short-term Capital Gains (STCG) Tax | Long-term Capital Gains (LTCG) Tax |
|---|---|---|
| Equity mutual funds | 15% | 10% (above Rs. 1 lakh LTCG) without indexation* |
| Debt & other types of funds | At tax slab rate | 20% with indexation benefits |
How can NRIs invest in HSBC FINANCIAL SERVICES FUND - PLAN - IDCW REINVESTMENT?
NRIs and OCIs can download the SBNRI app to invest in mutual funds from the country of their residence. Here are a few simple steps you need to take:
- Complete your NRI KYC: Type in your personal details and attach supporting documents, like:
- PAN Number
- Overseas address proof: Any of – Water/electricity bill, postpaid mobile/internet bill, rent agreement, driving license, etc.
- Passport – front and back
- Passport size photograph
- signature
If all details are correct, your KYC will be approved within 7 to 8 business days.
- Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing in HSBC FINANCIAL SERVICES FUND - PLAN - IDCW REINVESTMENT
- Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing:
- City and country of birth
- NRE/NRO bank account statement/ canceled cheque for the latest 3 months
- Nominee details
Frequently Asked Questions
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