HSBC Focused Fund Direct Growth
Equity
Direct
Focused Fund
NAV as on 22-11-2024
₹ 26.28
Inception Returns
24.8%
/yr
About HSBC Focused Fund Direct Growth
HSBC Focused Fund Direct Growth is an equity fund. This fund was started on 29 July, 2020. The fund is managed by Cheenu Gupta, Neelotpal Sahai. The fund could potentially beat inflation in the long-run.
Key Parameters
- HSBC Focused Fund Direct Growth has ₹1754 Cr worth of assets under management (AUM) as on Oct 2024 and is less than category average.
- The fund has an expense ratio 0.9.
Returns
HSBC Focused Fund Direct Growth has given a CAGR return of 24.81% since inception. Over the last 1 and 3 years the fund has given a CAGR return of 28.93% and 15.37% respectively.
Holdings
HSBC Focused Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Industrial, Consumer Cyclical, Health, Tech, Energy, Basic Materials, Real Estate, Consumer Defensive. Its top holdings are ICICI Bank Ltd, Multi Commodity Exchange of India Ltd, Sun Pharmaceuticals Industries Ltd, Infosys Ltd, Blue Star Ltd
Taxation
As it is a focused fund 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 benefitDividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.
Investment objective of HSBC Focused Fund Direct Growth
To seek long term capital growth through investments in a concentrated portfolio of equity & equity related instruments of up to 30 companies across market capitalization. However, there is no assurance that the investment objective of the Scheme will 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 Focused Fund Direct Growth has no lock in period.
Historical NAV & Returns
INDmoney Rank for HSBC Focused Fund Direct Growth
HSBC Focused Fund Direct Growth Overview
| Expense ratio | 0.9% |
Benchmark | S&P BSE 500 India TR INR |
| AUM | ₹1754 Cr |
| Inception Date | 29 July, 2020 |
| Min Lumpsum/SIP | ₹5000/₹500 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 37.75% |
| STCG | Redeeming before 1 year, returns taxed at 20%. |
| LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
| Risk |   Very High Risk |
Trailing Returns
as on (22-Nov-24)
Fund Distribution
as on (31-Oct-24)
- This fund’s returns stands at -3.39% whereas the fund’s underlying benchmark Nifty 500 returns stands at -6.52% as on Oct'24
- This fund outperformed Nifty 500 by 3.13% in Oct'24
- AUM of the fund stands at 1.8K Cr as of Oct'24
- AUM has remained same between Oct'24 and Sep'24
Top 3 Sectors in October were Financial Services, Industrial & Consumer Cyclical
Top Growth Drivers | 1M Return |
|---|---|
 Rainbow Childrens Medicare Ltd | 13.1% |
HSBC Focused Fund Direct Growth Highlights
Very High Risk
About the fund
Fund Allocations
AUM size ₹1754 Cr
Expense Ratio 0.9%
Frequently Asked Questions for HSBC Focused Fund Direct Growth
HSBC Focused Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -4.66% | -4.66% |
6 Month Returns | 9.32% | 9.32% |
1 Year Returns | 28.93% | 28.93% |
3 Years Returns | 53.55% | 15.37% |
5 Years Returns | 0% | 0% |
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
HSBC Focused Fund Direct Growth | 7.1 | 1.24 | - |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
HSBC Focused Fund Direct Growth | 0.85 | 1 | - |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
HSBC Focused Fund Direct Growth | 2.19 | 0.76 | - |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
HSBC Focused Fund Direct Growth | 13.12 | 14.5 | - |