HSBC Mutual Fund has announced the launch of the HSBC India Export Opportunities Fund. This is an open-ended equity scheme focused on companies engaged in or benefiting from the export of goods and services.
The new fund offer (NFO) opens on September 5, 2024, and closes on September 19, 2024.Bangalore Investment
About HSBC India Export Opportunities Fund
The HSBC India Export Opportunities Fund is designed to generate long-term capital growth by investing in companies across market capitalisations—large-cap, mid-cap, and small-cap—actively involved in exports.
The scheme will track the Nifty 500 Total Return Index (TRI) and provide investors with exposure to sectors and companies that contribute significantly to India❼export ecosystem.
Fund Managers: Abhishek Gupta (Equity) and Sonal Gupta (Overseas Securities)
Benchmark: Nifty 500 Total Return Index (TRI)
Minimum Investment: ₹5,000 initially
Plans available: Regular and direct plans, with both offering Growth and IDCW options
Load Structure: No entry or exit loadUdabur Stock
The fund aims to invest between 80% and 100% of its assets in equities and equity-related securities of companies that generate over 20% of their revenue from exports.Varanasi Wealth Management
This allows investors to tap into India❼growing export sector, which is expected to benefit from favourable government policies, supply chain diversification, and competitive advantages like skilled labour.Guoabong Wealth Management
Target Allocation: 80-100% in export-focused companies, with up to 20% in other equity securities.
Sectors: Manufacturing (automobiles, chemicals, textiles, pharmaceuticals), services (IT, telecom, healthcare), and other key industries.
Investment considerations
This fund provides a thematic investment opportunity focused on export-driven companies across sectors such as manufacturing, IT, healthcare, and telecom services.
As India targets $2 trillion in annual exports by 2030, this fund allows investors to participate in the growth of industries well-positioned to benefit from government reforms and global trade opportunities.
Kailash Kulkarni, CEO of HSBC Mutual Fund, said, “The government’s target of $2 trillion in exports by 2030 reflects India’s global trade ambitions. Our focus on supply chain diversification, coupled with a skilled labour force, positions India strongly in the international market.”
Venugopal Manghat, CIO-Equity, HSBC Mutual Fund, added, “We select stocks based on business fundamentals, financial strength, and valuation, aiming to create alpha over the medium to long term. Our bottom-up approach will help identify companies with strong export potential.”
However, the fund’s focus on export-oriented companies may result in higher volatility and exposure to global market risks.
Export-driven sectors can be sensitive to global economic conditions, currency fluctuations, and trade policies.
It❼advisable to consult a financial advisor before making an investment decision.
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