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JM59

284.26999 EUR
0.7
0.25%
Last update May 19, 8:06 AM CEST
Market closed
Day range
284.26999
284.26999
Previous close
283.57001
Open
284.26999
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HSBC GIF Indian Equity Fund
284.27
0.70
0.25%

Overview

Description

HSBC GIF Indian Equity Fund is a mutual fund that primarily focuses on investing in equities within the Indian market. Its main purpose is to provide investors access to the rapidly growing Indian economy by investing in a diverse portfolio of Indian companies. The fund strategically selects stocks across various sectors including but not limited to, technology, consumer goods, and financial services, aiming to capture growth through exposure to Indian corporations benefiting from the country's economic expansion and increased consumer spending. The fund is managed by HSBC Global Asset Management, leveraging its expertise to assess and capitalize on market opportunities within India's dynamic and often volatile stock market environment. As such, it plays a significant role for international investors looking to diversify their portfolios geographically with a focus on emerging markets, particularly in India's high-growth segments. By doing so, the HSBC GIF Indian Equity Fund functions as a bridge for global investors seeking potential growth opportunities in one of the world's largest and most promising emerging markets, without needing direct exposure or management of individual securities in India.

About

Address
Phone
Website
Instrument type
ETF
Country
Germany
MIC code
XHAM
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