HSBC Flexi Cap Fund Direct Growth

HSBC Flexi Cap Fund Direct Growth

Equity

Direct

Flexi Cap

NAV as on 06-09-2024

₹ 243.75

▼-1.2%

1D

Inception Returns

17.2%

/yr

About the Fund

HSBC Flexi Cap Fund Direct Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Venugopal Manghat, Vihang Naik. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. HSBC Flexi Cap Fund Direct Growth has ₹4399 Cr worth of assets under management (AUM) as on Jul 2024 and is less than category average.
  2. The fund has an expense ratio 1.2.

Returns

HSBC Flexi Cap Fund Direct Growth has given a CAGR return of 17.18% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 45.09%, 20.17% and 24.41% respectively.

Holdings

HSBC Flexi Cap Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Industrial, Consumer Cyclical, Tech, Basic Materials, Energy, Consumer Defensive, Health, Utilities, Communication, Real Estate. Its top holdings are HDFC Bank Ltd, ICICI Bank Ltd, Infosys Ltd, Reliance Industries Ltd, Bharti Airtel Ltd

Taxation

As it is a flexi cap mutual fund the taxation is as follows:
For short term (less than a year) capital gains will be taxed at 15%
For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefit
Dividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.

Investment objective of HSBC Flexi Cap Fund Direct Growth

To seek long term capital growth through investments made dynamically across market capitalization (i.e. Large, Mid, and Small Caps). The investmentcould be in any one, two or all three types of market capitalization. The Scheme aims to predominantly invest in equity and equity related securities.However, in line with the asset allocation pattern of the Scheme, it could move its assets between equity and fixed income securities depending on its view on these markets. However, there can be no assurance or guarantee that the investment objective of the scheme would be achieved.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 500.00. HSBC Flexi Cap Fund Direct Growth has no lock in period.

Historical NAV & Returns

Annualised
▲
▼

zero opening, trading, fund transfer fee
331 people have invested ₹ 64.6L in HSBC Flexi Cap Fund Direct Growth in the last three months

INDmoney Rank

Powered by IND quant engine
6
/19
65% Performance
29% Risk Management
24% Cost
6 out of 19 among flexi cap
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Beats FD returns for both 3Y & 5Y
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No bad points found for this fund.

Fund Overview

Expense ratio1.16%
Benchmark
S&P BSE 500 India TR INR
AUM₹4399 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹5000/₹500
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
43.28%
STCGRedeeming before 1 year, returns taxed at 20%.
LTCGAfter 1 year, 12.5% tax on returns over ₹1.25 lakh/year.
Risk
Risk meter
pointer
Very High Risk

Trailing Returns

as on (06-Sep-24)

Period
HSBC Flexi Cap Fund Direct Growth
Nifty 500
flexi cap
1M
6.3%
2.8%
5.5%
3M
12.4%
7.9%
11.2%
6M
19.6%
14.9%
18.1%
1Y
45.1%
35%
38.9%
3Y
20.2%
16.7%
18%
5Y
24.4%
21.4%
22.2%

Fund Distribution

as on (31-Jul-24)

  • Equity 98.9%

  • Debt & Cash 1.1%

Large cap
53.5%
Small cap
23.2%
Mid cap
20.7%
Sector Allocation

Jul'24

Jun'24

May'24

Financial Services
24.5%
Industrial
17.7%
Consumer Cyclical
11.5%
Tech
9.1%
Basic Materials
8.9%
Energy
7.8%
Consumer Defensive
7%
Health
5.3%
Utilities
3.2%
Communication
2.7%
Real Estate
2.3%
All changes are between May'24 and Jul'24
Jul'24
Jun'24
May'24
Fund Returns
4.12%
8.64%
1.32%
Nifty 500
3.53%
3.50%
0.09%
  • This fund’s returns stands at 4.12% whereas the fund’s underlying benchmark Nifty 500 returns stands at 3.53% as on Jul'24
  • This fund outperformed Nifty 500 by 0.58% in Jul'24
Parameters
Jul'24
Jun'24
May'24
AUM
₹ 4.4K Cr
₹ 4.4K Cr
₹ 4.4K Cr
  • AUM of the fund stands at 4.4K Cr as of Jul'24
  • AUM has remained same between Jul'24 and Jun'24
Top Stocks bought last month
Trent Ltd's allocation increased from 0.96% to 1.28%
Trent Ltd's allocation increased from 0.96% to 1.28%
Persistent Systems Ltd's allocation increased from 0.73% to 1.05%
Persistent Systems Ltd's allocation increased from 0.73% to 1.05%
IIFL Finance Ltd's allocation increased from 0.41% to 0.71%
IIFL Finance Ltd's allocation increased from 0.41% to 0.71%
Top Stocks sold last month
Reliance Industries Ltd's allocation decreased from 4.79 % to 4.38 %
Reliance Industries Ltd's allocation decreased from 4.79 % to 4.38 %
ICICI Bank Ltd's allocation decreased from 4.1 % to 4.05 %
ICICI Bank Ltd's allocation decreased from 4.1 % to 4.05 %
Bharti Airtel Ltd's allocation decreased from 2.75 % to 2.67 %
Bharti Airtel Ltd's allocation decreased from 2.75 % to 2.67 %
Mid Cap allocation has gone up from 19.6% to 20.5%
Mid Cap allocation has gone up from 19.6% to 20.5%
Large Cap allocation has gone down from 59% to 55.1%
Large Cap allocation has gone down from 59% to 55.1%
Small Cap allocation has gone up from 20.1% to 22.2%
Small Cap allocation has gone up from 20.1% to 22.2%
Cash allocation has gone up from 1.2% to 1.5%
Cash allocation has gone up from 1.2% to 1.5%

Top 3 Sectors in July were Financial Services, Industrial & Consumer Cyclical

Jul'24
Financial Services
25%
Industrial
18%
Consumer Cyclical
12%
Jun'24
Financial Services
24%
Industrial
18%
Consumer Cyclical
11%

  • Equity

Holdings
Weight%
1M Change
HDFC Bank Ltd
HDFC Bank Ltd
4.63%
0%
ICICI Bank Ltd
ICICI Bank Ltd
3.95%
0%
Infosys Ltd
Infosys Ltd
3.89%
0%
Reliance Industries Ltd
Reliance Industries Ltd
3.81%
-9.6%
Bharti Airtel Ltd
Bharti Airtel Ltd
2.66%
0%
See all

  • Returns %

  • Fund Ratios

  • Overview

Funds
1Y Returns
3Y Returns
5Y Returns
Since Inception
HSBC Flexi Cap Fund Direct Growth
HSBC Flexi Cap Fund Direct Growth
45.09%
20.17%
24.41%
17.18%
JM Flexicap Fund (Direct) Growth Option
JM Flexicap Fund (Direct) Growth Option
59.9%
29.61%
29.34%
20.46%
Bank of India Flexi Cap Fund Direct Growth
Bank of India Flexi Cap Fund Direct Growth
58.32%
26.04%
-
38.17%
Quant Flexi Cap Fund Growth Option Direct Plan
Quant Flexi Cap Fund Growth Option Direct Plan
52.34%
25.29%
37.8%
22%
See all

  • Gainers

  • Losers

Top Growth Drivers
1M Return
Trent Ltd
Trent Ltd
37.3%
PB Fintech Ltd
19.9%
Oil India Ltd
Oil India Ltd
14.6%
Fund
Jul'24
Jun'24
May'24
No of Holdings
85
82
83
Top 5 Company Concentration
19.5%
19.9%
20.4%
Company having highest exposure
HDFC Bank Ltd (5%)
HDFC Bank Ltd (4.9%)
Reliance Industries Ltd (5.2%)
No of Sectors
11
11
11
Top 5 Sectors Concentration
71.7%
70.3%
68.1%
Sector having highest exposure
Financial Services (24.5%)
Financial Services (24.2%)
Financial Services (23.3%)
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Venugopal Manghat
Venugopal Manghat
Fund Manager of HSBC Flexi Cap Fund Direct Growth, since 26 November 2022
Top funds managed
Scheme
Annualised Returns(3Y)
Category Returns(3Y)
HSBC Flexi Cap Fund Growth Direct
20.17%
17.96%
HSBC Value Fund Direct Plan Growth Option
26.12%
22.11%
HSBC Small Cap Fund Fund Direct Growth
29.74%
25.89%
Vihang Naik
Vihang Naik
Fund Manager of HSBC Flexi Cap Fund Direct Growth, since 26 November 2022
Top funds managed
Scheme
Annualised Returns(3Y)
Category Returns(3Y)
HSBC Midcap Fund Direct Plan Growth
25.03%
24.14%
HSBC Value Fund Direct Plan Growth Option
26.12%
22.11%
HSBC Small Cap Fund Fund Direct Growth
29.74%
25.89%
Fund House
HSBC Asset Management(India)Private Ltd
Total Schemes
44
See all HSBC schemes
Total AUM
₹97.31K Cr
as on 31-Jul-2024
Address
HSBC Asset Management (India) Private Ltd.,16, V N Road,,Fort
Phone
+912266145000
Website
hsbcmf@hsbc.co.in

Mutual Fund Insights

Insights icon
In the last 5 years, Quant Flexi Cap Fund Growth Option Direct Plan has given 37.8% return, outperforming this fund by 13.39% per annum.
Insights icon
In the last 3 years, JM Flexicap Fund (Direct) Growth Option has given 29.61% return, outperforming this fund by 9.44% per annum.
Insights icon
In the last 1 year, NJ Flexi Cap Fund Direct Growth has given 60% return, outperforming this fund by 14.91%.

HSBC Flexi Cap Fund Direct Growth Highlights

Risk meter
pointer

Very High Risk

Investors understand that their principal will be at Very High Risk
About the fund

About the fund

This fund has delivered an average annual returns of 17.18% since inception which is less than its category average return of 21.82%
Fund Allocations

Fund Allocations

This fund has an allocation of 98.94% in Equity, 0% in Debt and 1.06% in Cash related instruments
AUM size ₹0 Cr

AUM size ₹0 Cr

This fund has AUM of ₹0 Cr which is less than its category average of ₹ 8680 Cr
Expense Ratio 1.16%

Expense Ratio 1.16%

This fund has an expense ratio of 1.16% which is less than its category average expense ratio of 1.34%

Frequently Asked Questions

The current NAV of HSBC Flexi Cap Fund Direct Growth is ₹243.75 as on 06-Sep-2024.
Existing (Absolute + CAGR) as on 06-Sep-2024.
HSBC Flexi Cap Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
6.29%
6.29%
6 Month Returns
19.6%
19.6%
1 Year Returns
45.09%
45.09%
3 Years Returns
73.53%
20.17%
5 Years Returns
198.07%
24.41%
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1.16% as on August 2024
₹4399 Cr as on August 2024
HDFC Bank Ltd(4.63%), ICICI Bank Ltd(3.95%), Infosys Ltd(3.89%), Reliance Industries Ltd(3.81%), Bharti Airtel Ltd(2.66%) as on August 2024
Financial Services(23.97%), Industrial(17.38%), Consumer Cyclical(11.44%) as on August 2024
The alpha ratio for the HSBC Flexi Cap Fund Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
HSBC Flexi Cap Fund Direct Growth
7.3
2.55
1.76
As on August 2024
The alpha for HSBC Flexi Cap Fund Direct Growth is calculated against S&P BSE 500 India TR INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the HSBC Flexi Cap Fund Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
HSBC Flexi Cap Fund Direct Growth
0.94
0.96
0.98
As on August 2024
The Beta for HSBC Flexi Cap Fund Direct Growth is calculated with S&P BSE 500 India TR INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the HSBC Flexi Cap Fund Direct Growth for various period is as follows:
Fund Name
Sharpe Ratio 1 Year
Sharpe Ratio 3 Years
Sharpe Ratio 5 Years
HSBC Flexi Cap Fund Direct Growth
3.19
1.13
1
As on August 2024
The sharpe ratio for HSBC Flexi Cap Fund Direct Growth is calculated with S&P BSE 500 India TR INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the HSBC Flexi Cap Fund Direct Growth for various period is as follows:
Fund Name
Standard Deviation 1 Year
Standard Deviation 3 Years
Standard Deviation 5 Years
HSBC Flexi Cap Fund Direct Growth
10.86
13.08
18.93
As on August 2024
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
Sortino ratio is 2.07 as on August 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.63 as on August 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
Venugopal Manghat, Vihang Naik are the fund managers of HSBC Flexi Cap Fund Direct Growth
The Exit load of HSBC Flexi Cap Fund Direct Growth is 1%