HSBC AMC has launched HSBC Focused Equity Fund which is an open-ended multi-cap scheme investing in a maximum of 30 stocks across market caps. The NFO opened on July 1 and closes on July 15, 2020.
The fund aims to seek long term capital growth by building a concentrated portfolio of equity & equity related instruments of 30 companies across large-cap, mid-cap and small-cap categories with a sector-agnostic approach. HSBC Focused Equity Fund will follow BSE 200 Index TRI Benchmark and will be co-managed by Neelotpal Sahai, Head of Equities, HSBC AMC and Gautum Bhupal, Fund Manager, HSBC AMC.
Key features of HSBC Focused Equity Fund include:
- Concentrated portfolio up to 30 companies across market capitalization
- Concentrated and optimised portfolio of high growth companies can help improve potential performance
- Focused strategy with sector agnostic & market-cap agnostic approach
