Welcome To myplexus.com

Fund Facts
  • Name of Fund:
    HSBC Multi Asset Allocation
  • Opening:
    8th February 2024
  • Closing:
    22nd February 2024
  • Scheme Type:
    Open Ended Multi Asset Allocation Fund
  • Minimum Investment:
    Rs. 1,000 per application & in multiples of Re. 1/- thereafter
  • Plan:
    Regular and Direct
  • Options:
    Growth and IDCW
  • Entry Load:
    Not Applicable
  • Exit Road:
    1% of NAV if units redeemed or switched out are above 10% of the units purchased within 1 year from the date of allotment
  • Thereafter:
    Nil

Fund Stats

Objective

The aim of the fund is to generate long-term capital growth and generate income by investing in Equity & Equity Related instruments, Debt & Money Market Securities and Gold / Silver ETFs.

  • Benchmark:

  • BSE 200

  • Fund Manager:

  • Cheenu Gupta, Mahesh Chhabria, Sonal Gupta, Dipan S. Parikh

Asset Allocation

65-80% Equity
10-25% Money Market
Comparable existing schemes
Aditya Birla Sun Life Multi Asset Allocation Fund 10.24(6M) 21.28(1Y)
UTI Multi Asset Allocation Fund 22.24(6M) 36.54(1Y)

Fund Prognosis

Idea Distiller

The risk diversifying strategy of the fund houses in these "market highs"!!!

  • Fund House AAUM:

  • Rs 10216275.83 Lakhs(as on 31st December, 2023)

  • Fund Manager:

  • Combined experience of above 26 years

Scheme DNA 4 fundamentals

  • UNIQNESS
  • RETURN
  • RISK
  • OPERABILITY

OOMP Factor

Definitely oomphy but…...the devil lies in the execution. It is not a simple to manage scheme at all.