HSBC Mutual Fund NAV And Scheme Details
HSBC Mutual Funds are managed by HSBC Asset Management Company, which is a global asset management company offering global investment opportunities. HSBC MF has USD621bn worth of assets under management.
It has a presence in 25 countries with more than 150 years of service in financial markets. It is sponsored by HSBC Securities and Capital Markets (India) Private Limited (HSCI). The fund house offers products in active equities, fixed income, liquidity, and multi-asset categories.
Top 5 HSBC Mutual Funds
Following are the scheme details and HSBC mutual fund NAVs of the top 5 HSBC mutual funds:
HSBC Mid Cap Fund – Launched in September’21, the scheme invests in equities and fixed-income securities of mid-cap companies with strong growth potential in the medium term and a scalable business model. The scheme follows the idea of investing early, which means investing in a stock before it enters the index to get the maximum benefit.
Fund Facts
| Type of Scheme | Open-ended Equity Scheme in Mid Cap stocks |
| Investment Objective | Long Term Capital Appreciation |
| Benchmark | Nifty Midcap 150 Index TRI |
| Min SIP Amount | Rs. 500 (Weekly and Monthly) or Rs. 1500 (Quarterly) |
| NAV(Rs) | Growth – Rs 9.7559 IDCW – Rs 9.7559 – Regular
Growth – Rs 9.7685 IDCW – Rs 9.7685 – Direct |
| AUM | Rs.1290.91 Crores |
| Expense Ratio | Regular: 2.16% Direct: 0.82% |
| Fund manager | Ankur Arora |
HSBC Small Cap Equity Fund – The scheme invests in growing businesses with an attractive combination of profitability and valuation for higher alpha-generating opportunities. HSBC small-cap fund is an actively managed fund with diligent risk management.
Fund Facts
| Type of Scheme | Open-ended Equity Scheme in Small Cap stocks |
| Investment Objective | Long Term Capital Appreciation |
| Benchmark | S&P BSE 250 SmallCap Index TRI |
| Min SIP Amount | Rs. 500 (Weekly and Monthly) or Rs. 1500 (Quarterly) |
| NAV(Rs) | Growth ₹ 89.3208, Direct-Growth ₹ 97.1278 |
| AUM | Rs. 341.39 Crores |
| Returns(%) | 1 Yr 3Yrs 5Yrs Since the launch |
| 84.72 22.96 13.33 14.08 | |
| Expense Ratio | Regular – 2.50% Direct – 1.09% |
| Fund manager | Ankur Arora |
HSBC Large And Mid Cap Equity Fund – The Fund invests in the right mix of the large and mid-cap stocks to deliver higher growth with lesser volatility. HSBC large and mid-cap fund undertakes extensive research to identify opportunities in large and mid-cap companies.
Fund Facts
| Type of Scheme | Open-ended Equity Scheme in large and mid-cap stocks |
| Investment Objective | Long Term Capital Appreciation |
| Benchmark | Nifty Large Midcap 250 TRI |
| Min SIP Amount | Rs. 500 (Weekly and Monthly) or Rs. 1500 (Quarterly) |
| NAV(Rs) | Growth ₹ 15.5378, Direct-Growth ₹ 16.2413 |
| Returns(%) | 1 Yr 3Yrs 5Yrs Since the launch |
| 59.16 NA 20.13 NA | |
| AUM | ₹ 506.99 Cr |
| Expense Ratio | Regular 2.46% Direct 0.79% |
| Fund manager | Neelotpal Sahai & Amaresh Mishra |
HSBC Tax Saver Equity Fund – It is an equity-linked tax saving scheme (ELSS) with a compulsory lock-in period of three years. It has the advantage of Tax Benefit under Section 80C of the Income Tax Act. The scheme invests in a diversified portfolio across sectors and market caps while offering tax-saving opportunities.
Fund Facts
| Type of Scheme | Open-ended Equity-linked savings scheme with lock-in of 3 years and tax benefit |
| Investment Objective | Long Term Capital Appreciation |
| Benchmark | S&P BSE 200 TRI |
| Min SIP Amount | Rs. 500 (Weekly and Monthly) or Rs. 1500 (Quarterly) |
| NAV(Rs) | Growth ₹ 54.8444, Direct-Growth ₹ 59.319 |
| Returns (%) | 1 Yr 3Yrs 5Yrs Since the launch |
| 59.25 19.59 13.43 12.48 | |
| AUM | ₹ 193.64 Cr |
| Expense Ratio | Regular 2.49%, Direct 1.26% |
| Fund manager | Gautam Bhupal |
HSBC Large Cap Equity Fund – The scheme focuses on large-cap stocks of dominant businesses generating sustainable growth. It provides exposure to large-cap companies which are more stable than mid and small-cap companies.
Fund Facts
| Type of Scheme | Open-ended Equity Scheme in large-cap stocks |
| Investment Objective | Long Term Capital Appreciation |
| Benchmark | Nifty 50 TRI |
| Min SIP Amount | Rs. 500 (Weekly and Monthly) or Rs. 1500 (Quarterly) |
| NAV(Rs) | Growth ₹ 308.8803, Direct-Growth ₹ 331.5896 |
| Returns (%) | 1 Yr 3Yrs 5Yrs Since the launch |
| 47.99 19.33 14.17 20.17 | |
| AUM | ₹ 753.21 Cr |
| Expense Ratio | Regular 2.43%, Direct 1.50% |
| Fund manager | Neelotpal Sahai |
Types of Mutual Fund Returns
The performance of a mutual fund is assessed by the returns it generates. However, it is not as simple as it sounds because there are different types of returns and understanding these is important for making smart investments.
- Real Rate of Return – It is the actual wealth created after accounting for inflation.
- Absolute Return – It is used for investments for a period of less than 1 year.
- Annualised Return or Compound Annual Growth Rate(CAGR) – It is the average return generated by a mutual fund for a given period. Ideally used for lump sum investments.
- Extended Internal Rate of Return (XIRR) – It calculates the average return earned by every cash flow. It is ideal for calculating returns on SIP investments.
Digital technology has made it easier to invest in mutual funds and manage investments. The entire process is now DIY, but still, the understanding of the products and terms related to these products is very low. Hence, the role of a distributor or a financial advisor is very important to guide you in making the right investment decisions.
