HSBC SIP Calculator
Investment in funds provides many advantages making your financial planning worthwhile. As per your risk profile, tailored fund schemes help you corner inflation-beating returns through asset allocation in market instruments. In addition, professional fund managers devise strategies to maximize profits to share with you. The prospect of investment in funds may appear daunting, but the Systematic Investment Plan (SIP) has brought the investment vehicle within easy reach of marginal investors.
- 4.8~ Rated
- 7.7 Crore Registered Consumer
- 50 Partners Insurance Partners
- 4.2 Crore Policies Sold
SIP Benefits
- Start SIP with as low as ₹1000
- No hidden charges
- Save upto ₹46,800 in Tax under section 80C^
- Zero LTCG Tax¶
- Disciplined & worry-free investing
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SIP Investment
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SIP Calculator
- HSBC SIP Calculator
HSBC SIP Calculator
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Understanding SIP
SIP is a facility through which you make small and disciplined investments in funds. You can execute SIP through the HSBC account, contributing monthly to your chosen scheme. The small contributions accumulate over time to compound into a large sum. SIP draws sustenance from the conceptual “Save First, Spend Next” philosophy. Therefore, you can invest small amounts in various weekly, monthly, or quarterly frequencies instead of a lump sum one-time investment.
- Insurance Companies
- Mutual Funds
| Returns | ||||
|---|---|---|---|---|
| Fund Name | 3 Years | 5 Years | 10 Years | |
| Virtue II PNB Metlife | 17.13% | 24.85% |
16.54%
View Plan
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| Large Cap Equity Fund Tata AIA | 17.27% | 20.61% |
15.01%
View Plan
|
|
| Pure Equity Birla Sun Life | 16.12% | 20.92% |
14.98%
View Plan
|
|
| Grow Money Plus Fund Bharti AXA | 13.93% | 17.49% |
14.22%
View Plan
|
|
| Pure Stock Fund Bajaj Allianz | 15.48% | 19.56% |
14.18%
View Plan
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|
| Diversified Equity Fund HDFC Standard | 13.59% | 16.57% |
13.95%
View Plan
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|
| Growth Super Fund Max Life | 14.33% | 16.21% |
12.81%
View Plan
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|
| Equity Fund SBI | 13.77% | 15.3% |
12.1%
View Plan
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|
| Bluechip Fund ICICI Prudential | 12.07% | 14.63% |
11.3%
View Plan
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|
| Equity Large Cap Fund Edelwiess Tokio | 11.75% | 14.25% |
11.15%
View Plan
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|
Updated as of Nov 2024
| Returns | ||||
|---|---|---|---|---|
| Fund Name | 3 Years | 5 Years | 10 Years | |
| Active Fund QUANT | 24.92% | 31.48% |
21.87%
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| Flexi Cap Fund PARAG PARIKH | 20.69% | 26.41% |
19.28%
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| Large and Mid-Cap Fund EDELWEISS | 22.34% | 24.29% |
17.94%
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| Equity Opportunities Fund KOTAK | 24.64% | 25.01% |
19.45%
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| Large and Midcap Fund MIRAE ASSET | 19.74% | 24.32% |
22.50%
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| Flexi Cap Fund PGIM INDIA | 14.75% | 23.39% |
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| Flexi Cap Fund DSP | 18.41% | 22.33% |
16.91%
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| Emerging Equities Fund CANARA ROBECO | 20.05% | 21.80% |
15.92%
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| Focused fund SUNDARAM | 18.27% | 18.22% |
16.55%
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Updated as of Nov 2024
HSBC SIP – How Does It Work?
You purchase a certain number of fund units every time you contribute through the periodic SIP. Regardless of the market movement, the system works to benefit equally from bearish and bullish trends. Therefore, you corner fewer units when the market is surging and more when the market is down. Since the Net Asset Value (NAV) of your assets is available daily, the purchase costs vary from one SIP installment to another. However, you do not lose as the rupee-cost averaging levels it out in the long run. However, you can determine your fund investment contours using the SIP calculator.
What is HSBC SIP Calculator?
The HSBC Global SIP Calculator is a handy online tool to estimate your fund investment contours. Therefore, you can calculate the investment SIP amount and step up to build a target corpus for a specific tenure matching your investment horizon and financial objectives.
Instead of indulging in painstaking manual calculations, use the HSBC SIP calculator by feeding a few essential inputs for the outcome. For example, enter the proposed SIP amount, duration, and the expected annual return rate. The result is immediately available on your monitor screen. Therefore, you get a close estimate of your returns and the gains. Moreover, you can keep changing the variables to compare different scenarios of wealth creation.
The reverse SIP calculator functions differently. Here you enter the target amount, SIP tenor, and the expected annual returns to get the possible SIP amount to invest every month.
So, let us try out a hypothetical scenario with the HSBC SIP calculator to find out how the investment pans out.
| Variables | Fund Name | |
| HSBC Overnight* | HSBC Low Duration# | |
| Monthly SIP | 10000 | 10000 |
| Return | 7.7% (6 months CAGR) | 2.9% (5-Yrs CAGR) |
| Investment Duration | 5 Years | 5 Years |
| Step up | 10% | 10% |
| Total investment | 732612 | 732612 |
| Capital Gain | 150296 | 52324 |
| Total Corpus | 882908 | 784935 |
| Source: https://scripbox.com/plan/sip-calculator/hsbc-global | ||
| * | Regular Growth | |
| # | Growth | |
How To Invest In HSBC SIP?
Now that you are aware of the various aspects of SIP and how it works, you must be wondering how to start the SIP and what to consider. You have also seen how the HSBC SIP Calculator has projected the future size of the corpus. Therefore, it is to delve deeper and consider the factors to guide you in making informed investments.
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Choose the Ideal Fund Scheme to Invest
HSBC provides funds for every taste and flavor to meet individual preferences according to your risk tolerance and financial goals. Moreover, HSBC offers you the perfect platform to invest online:
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Start your SIP in just seven days to benefit from the compounding effect and see your wealth grow faster.
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You can register multiple SIPs simultaneously.
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Use your HSBC net banking or UPI to initiate the transactions debiting your account.
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Choose the Investment Tenor
The choice of the tenor depends on the chosen fund and your investment objectives. Accordingly, you have short and long-term financial goals. Thus, the investment horizon is crucial as equity funds provide the best yields in the long term, while debt and money market funds are the best options for earning a regular income.
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Invest Regularly
The primary benefit you accrue from a SIP is that it instills a sense of investment discipline. Moreover, it is convenient as the contribution goes from your HSBC account directly per the chosen monthly or quarterly frequencies. Finally, you can step up the SIP contribution by a fixed percentage and period, keeping pace with your growing income.
In Conclusion
Investing in funds through HSBC is a wise decision considering their reach and the range of schemes to suit every investor’s need. There is nothing better than the convenient SIP investment mode. In addition, the HSBC SIP calculator projects your SIP contribution in multiple scenarios to satisfy your need and goals. Then, based on the target, you can use the reverse calculation to check if the SIP suits you. Either way, embark on the journey with confidence.
FAQ's
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When is the ideal time to start investing in HSBC SIP?
Ans: Starting early in your investment journey is always beneficial through the SIP mode to corner the maximum benefits from the power of compounding in longer investment horizons. -
Can you redeem the units of your SIP mutual fund^^ portfolio?
Ans: Yes, you can redeem your SIP units partially or entirely on any business day based on the applicable NAV. However, the SIP continues as usual. -
Can you discontinue the SIP?
Ans: Yes, you can stop the SIP by logging in to your HSBC account and registering the request. Alternatively, you can visit their office and apply to cancel the SIP by hand. -
What is the NAV in SIP?
Ans: The NAV denotes the purchase or selling price of the fund units. The NAV changes daily after the closure of the day’s business.
†Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. This list of plans listed here comprise of insurance products offered by all the insurance partners of Policybazaar. The sorting is based on past 10 years’ fund performance (Fund Data Source: Value Research). For a complete list of insurers in India refer to the Insurance Regulatory and Development Authority of India website, www.irdai.gov.in
*All savings are provided by the insurer as per the IRDAI approved
insurance
plan.
~Source - Google Review Rating available on:- http://bit.ly/3J20bXZ
^Section 80C allows annual deductions of up to ₹1.5 lacs from the taxable income. Section 10(10D) provides tax-free maturity benefits for investments of up to ₹2.5 Lacs/ year, on policies bought after 1 Feb 2021. Tax benefits and savings are subject to changes in tax laws.
¶Long-term capital gains (LTCG) tax (12.5%) is exempted on annual premiums up to 2.5 lacs.
^^The information relating to mutual funds presented in this article is for educational purpose only and is not meant for sale. Investment is subject to market risks and the risk is borne by the investor. Please consult your financial advisor before planning your investments.
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