NFO Corner – HSBC Financial Services Fund
India is becoming a major driving force in the world economy. In nominal GDP terms, India is the 5th largest country globally and is projected to become 3rd largest by 2030. India's financial services sector, from banking and insurance to asset management and fintech, is poised for significant growth driven by country’s rapidly expanding economy, offering immense opportunities for wealth creation.
The banking sector is considered the backbone of the Indian economy, playing a crucial role in economic growth and development whereas other segment of financial services sector is on a growth trajectory, driven by increasing financial inclusion, digitalization, and supportive regulatory policies. These factors contribute to the potential for robust growth in the sector, making it an attractive proposition for investors seeking to capitalize on the sector's performance.
Presenting HSBC Financial Services Fund
HSBC Financial Services Fund is a sectoral fund that aims 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.
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Mutual Fund investments are subject to market risks, read all scheme related documents carefully.