HSBC Consumption Fund Direct Growth

HSBC Consumption Fund Direct Growth

Equity

Direct

Equity - Consumption

NAV as on 06-12-2024

₹ 15.56

0.5%

1D

Inception Returns

40.7%

/yr

About HSBC Consumption Fund Direct Growth

HSBC Consumption Fund Direct Growth is an equity fund. This fund was started on 31 August, 2023. The fund is managed by Sonal Gupta. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. HSBC Consumption Fund Direct Growth has ₹1562 Cr worth of assets under management (AUM) as on Oct 2024 and is less than category average.
  2. The fund has an expense ratio 0.7.

Returns

HSBC Consumption Fund Direct Growth has given a CAGR return of 40.75% since inception. Over the last 1 year the fund has given a CAGR return of 39.24%.

Holdings

HSBC Consumption Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Consumer Cyclical, Consumer Defensive, Financial Services, Communication, Health, Industrial, Real Estate, Tech, Basic Materials. Its top holdings are Bharti Airtel Ltd, Varun Beverages Ltd, Multi Commodity Exchange of India Ltd, PB Fintech Ltd, Dixon Technologies (India) Ltd

Taxation

As it is a equity - consumption 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 Consumption 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 of companies engaged in or expected to benefi t from consumption and consumption related activities. However, there can be no assurance or guarantee 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 Consumption Fund Direct Growth has no lock in period.

Historical NAV & Returns

Annualised

zero opening, trading, fund transfer fee
340 people have invested ₹ 43.7L in HSBC Consumption Fund Direct Growth in the last three months

HSBC Consumption Fund Direct Growth Overview

Expense ratio0.72%
Benchmark
S&P BSE 500 India TR INR
AUM₹1562 Cr
Inception Date31 August, 2023
Min Lumpsum/SIP₹5000/₹500
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
6.33%
STCGSelling mutual fund 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-Dec-24)

Period
HSBC Consumption Fund Direct Growth
Nifty 500
equity - consumption
1M
4.9%
1.2%
-
3M
2.8%
-0.7%
-
6M
20.3%
9.1%
-
1Y
39.2%
24.8%
-

Fund Distribution

as on (31-Oct-24)

  • Equity 94.9%

  • Debt & Cash 5.1%

Small cap
38.5%

Large cap
36.9%

Mid cap
19.5%

Sector Allocation

Oct'24

Sep'24

Aug'24

Consumer Cyclical
35.2%
Consumer Defensive
25.3%
Financial Services
11%
Communication
7%
Health
5.8%
Real Estate
5.4%
Industrial
5%
Tech
3.6%
Basic Materials
1.7%
All changes are between Aug'24 and Oct'24
Oct'24
Sep'24
Aug'24
Fund Returns
-4.75%
4.56%
4.69%
Nifty 500
-6.52%
2.04%
0.97%
  • This fund’s returns stands at -4.75% whereas the fund’s underlying benchmark Nifty 500 returns stands at -6.52% as on Oct'24
  • This fund outperformed Nifty 500 by 1.77% in Oct'24
Parameters
Oct'24
Sep'24
Aug'24
AUM
₹ 1.6K Cr
₹ 1.6K Cr
₹ 1.5K Cr
  • AUM of the fund stands at 1.6K Cr as of Oct'24
  • AUM has remained same between Oct'24 and Sep'24
Top Stocks sold last month
Varun Beverages Ltd's allocation decreased from 4.98 % to 4.78 %
Varun Beverages Ltd's allocation decreased from 4.98 % to 4.78 %

Top 3 Sectors in October were Consumer Cyclical, Consumer Defensive & Financial Services

Oct'24
Consumer Cyclical
35%
Consumer Defensive
25%
Financial Services
11%
Sep'24
Consumer Cyclical
35%
Consumer Defensive
25%
Financial Services
11%
Fund
Oct'24
Sep'24
Aug'24
No of Holdings
49
49
49
Top 5 Company Concentration
21.6%
21.6%
21.7%
Company having highest exposure
Bharti Airtel Ltd (5.6%)
Bharti Airtel Ltd (5.6%)
Bharti Airtel Ltd (5.5%)
No of Sectors
9
9
9
Top 5 Sectors Concentration
84.3%
84.3%
84.6%
Sector having highest exposure
Consumer Cyclical (35.2%)
Consumer Cyclical (35.2%)
Consumer Cyclical (35.1%)
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Sonal Gupta
Sonal Gupta
Fund Manager of HSBC Consumption Fund Direct Growth, since 4 September 2023
Fund House
HSBC Asset Management (India) Private Ltd
Total Schemes
Total AUM
₹1.31L Cr
as on 31-Oct-2024
Address
HSBC Asset Management (India) Private Ltd.,16, V N Road,,Fort
Phone
+912266145000
Website
hsbcmf@hsbc.co.in

HSBC Consumption 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 40.75% since inception which is more than its category average return of 16.26%
Fund Allocations

Fund Allocations

This fund has an allocation of 94.89% in Equity, 0% in Debt and 5.11% in Cash related instruments
AUM size ₹1562 Cr

AUM size ₹1562 Cr

This fund has AUM of ₹1562 Cr which is less than its category average of ₹ 1715 Cr
Expense Ratio 0.72%

Expense Ratio 0.72%

This fund has an expense ratio of 0.72% which is less than its category average expense ratio of 1.23%

Frequently Asked Questions for HSBC Consumption Fund Direct Growth

The current NAV of HSBC Consumption Fund Direct Growth is ₹15.56 as on 06-Dec-2024.
Existing (Absolute + CAGR) as on 06-Dec-2024.
HSBC Consumption Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
4.93%
4.93%
6 Month Returns
20.33%
20.33%
1 Year Returns
39.24%
39.24%
3 Years Returns
0%
0%
5 Years Returns
0%
0%
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0.72% as on November 2024
₹1562 Cr as on November 2024
Bharti Airtel Ltd(5.52%), Varun Beverages Ltd(4.89%), Multi Commodity Exchange of India Ltd(4.5%), PB Fintech Ltd(3.66%), Dixon Technologies (India) Ltd(3.62%) as on November 2024
Consumer Cyclical(32.95%), Consumer Defensive(22.65%), Financial Services(11.16%) as on November 2024
The alpha ratio for the HSBC Consumption Fund Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
HSBC Consumption Fund Direct Growth
14.24
-
-
As on November 2024
The alpha for HSBC Consumption 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 Consumption Fund Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
HSBC Consumption Fund Direct Growth
0.62
-
-
As on November 2024
The Beta for HSBC Consumption 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 Consumption Fund Direct Growth for various period is as follows:
Fund Name
Sharpe Ratio 1 Year
Sharpe Ratio 3 Years
Sharpe Ratio 5 Years
HSBC Consumption Fund Direct Growth
2.05
-
-
As on November 2024
The sharpe ratio for HSBC Consumption 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 Consumption Fund Direct Growth for various period is as follows:
Fund Name
Standard Deviation 1 Year
Standard Deviation 3 Years
Standard Deviation 5 Years
HSBC Consumption Fund Direct Growth
12.91
-
-
As on November 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.
Sonal Gupta is the fund manager of HSBC Consumption Fund Direct Growth
The Exit load of HSBC Consumption Fund Direct Growth is 1%