HSBC Multi Cap Fund Direct Growth
Equity
Direct
Multi-Cap
NAV as on 19-11-2024
₹ 18.42
▲0.9%
1D
Inception Returns
40.3%
/yr
About HSBC Multi Cap Fund Direct Growth
HSBC Multi Cap Fund Direct Growth is an equity fund. This fund was started on 30 January, 2023. The fund is managed by Kapil Punjabi, Venugopal Manghat, Sonal Gupta. The fund could potentially beat inflation in the long-run.
Key Parameters
- HSBC Multi Cap Fund Direct Growth has ₹4165 Cr worth of assets under management (AUM) as on Oct 2024 and is more than category average.
- The fund has an expense ratio 0.6.
Returns
HSBC Multi Cap Fund Direct Growth has given a CAGR return of 40.31% since inception. Over the last 1 year the fund has given a CAGR return of 35.61%.
Holdings
HSBC Multi Cap Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Industrial, Consumer Cyclical, Tech, Basic Materials, Consumer Defensive, Health, Energy, Real Estate, Utilities, Communication. Its top holdings are ICICI Bank Ltd, HDFC Bank Ltd, Multi Commodity Exchange of India Ltd, Zomato Ltd, Infosys Ltd
Taxation
As it is a multi-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 benefitDividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.
Investment objective of HSBC Multi Cap Fund Direct Growth
The investment objective of the Fund is to generate long-term capital growth from an actively managed portfolio of equity and equity related securities across market capitalization. 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 Multi Cap Fund Direct Growth has no lock in period.
Historical NAV & Returns
HSBC Multi Cap Fund Direct Growth Overview
| Expense ratio | 0.6% |
Benchmark | S&P BSE 500 India TR INR |
| AUM | ₹4165 Cr |
| Inception Date | 30 January, 2023 |
| Min Lumpsum/SIP | ₹5000/₹500 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 53.39% |
| 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 (19-Nov-24)
Fund Distribution
as on (31-Oct-24)
- This fund’s returns stands at -4.79% whereas the fund’s underlying benchmark Nifty 500 returns stands at -6.52% as on Oct'24
- This fund outperformed Nifty 500 by 1.73% in Oct'24
- AUM of the fund stands at 4.2K 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 |
|---|---|
 Neuland Laboratories Ltd | 9.3% |
 GE Vernova T&D India Ltd | 7.3% |
HSBC Multi Cap Fund Direct Growth Highlights
Very High Risk
About the fund
Fund Allocations
AUM size ₹4165 Cr
Expense Ratio 0.6%
Frequently Asked Questions for HSBC Multi Cap Fund Direct Growth
HSBC Multi Cap Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -5.56% | -5.56% |
6 Month Returns | 7.01% | 7.01% |
1 Year Returns | 35.61% | 35.61% |
3 Years Returns | 0% | 0% |
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 Multi Cap Fund Direct Growth | 6.84 | - | - |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
HSBC Multi Cap Fund Direct Growth | 1.01 | - | - |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
HSBC Multi Cap Fund Direct Growth | 2.31 | - | - |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
HSBC Multi Cap Fund Direct Growth | 15.22 | - | - |