NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund

INVEST VIA NRE/NRO

HSBC Liquid Fund -Growth for NRI [2694.06]

Min Investment

5,000

Fund Size

15,974.6 Cr

Expense Ratio

0.2%

Exit Load

0.007%

SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671

2694.06

0.02%

NAV as on 05 Feb 26, 12:00 AM

low to moderate risk

liquid

liquid

NAV as on 05 Feb 26, 12:00 AM

low to moderate risk

liquid

liquid

6.36%p.a.

Last 1Y

6.92%p.a.

Last 3Y

5.83%p.a.

Last 5Y

7.01%p.a.

Since Inception

About HSBC Liquid Fund -Growth for NRIs

NRIs can achieve long-term capital appreciation by investing in the HSBC Liquid Fund -Growth scheme from HSBC Global Asset Management (India) Private Limited. It is a Liquid mutual fund scheme that predominantly invests in Liquid stocks of companies. Launched on Jun 2004, HSBC Liquid Fund -Growth is Liquid fund of its category with 15,974.6 Cr fund under management as on Feb 2026. The expense ratio of this fund is less than that of most other Fund category Liquid funds.

  • HSBC Liquid Fund -Growth delivered 6.4% annual returns during the last year. It has delivered 7.0% average annual returns since the fund was launched.
  • HSBC Liquid Fund -Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
  • The scheme has predominantly invested in liquid

Fund Objective

Aims to provide reasonable returns, commensurate with low risk while providing a high level of liquidity, through a portfolio of money market and debt securities. However, there can be no assurance or guarantee that the investment objective of the scheme would be achieved.

Top 10 Holdings

Net Payables

-1.62%

Others Class A2 AIF

0.33%

GOVERNMENT OF INDIA 34727 364 DAYS TBILL 31JL25 FV RS 100

1.07%

INDIAN BANK CD 20AUG25

2.28%

AXIS BANK LIMITED CD 05SEP25

1.95%

AXIS BANK LIMITED CD 09SEP25

0.96%

AXIS BANK LIMITED CD 04SEP25

2.15%

GOVERNMENT OF INDIA 35509 182 DAYS TBILL 31JL25 FV RS 100

1.07%

GOVERNMENT OF INDIA 35543 182 DAYS TBILL 07AG25 FV RS 100

1.60%

GOVERNMENT OF INDIA 35718 182 DAYS TBILL 18SP25 FV RS 100

4.07%

Fund Managers

  1. Abhishek Iyer (Apr 2025 - Present)
  2. Mahesh A Chhabria (Feb 2025 - Present)
  3. Rahul Totla (Jan 2026 - Present)

Key Information

View Scheme Document

HSBC Liquid Fund -Growth SIP Calculator

If invested

5,000

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 Liquid Fund -Growth

Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.

Fund TypeShort-term Capital Gains (STCG) TaxLong-term Capital Gains (LTCG) Tax
Equity mutual funds15%10% (above Rs. 1 lakh LTCG) without indexation*
Debt & other types of fundsAt tax slab rate20% with indexation benefits

How can NRIs invest in HSBC Liquid Fund -Growth?

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 Liquid Fund -Growth
  • 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