HSBC Consumption Fund Direct Growth

Equity
Direct
Equity - Consumption
HSBC Consumption Fund Direct Growth

About the Fund

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 ₹1232 Cr worth of assets under management (AUM) as on May 2024 and is less than category average.
  2. The fund has an expense ratio 0.8.

Returns

HSBC Consumption Fund Direct Growth has given a CAGR return of 35.73% since inception.

Holdings

HSBC Consumption Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Consumer Cyclical, Consumer Defensive, Financial Services, Communication, Health, Real Estate, Industrial, Tech, Basic Materials. Its top holdings are Bharti Airtel Ltd, Varun Beverages Ltd, Titan Co Ltd, Avenue Supermarts Ltd, Global Health 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.

Fund Performance
zero opening, trading, fund transfer fee
162 people have invested ₹ 6.6L in HSBC Consumption Fund Direct Growth in the last three months

Fund Overview

Expense ratio0.76%
Benchmark
S&P BSE 500 India TR INR
AUM₹1232 Cr
Inception Date31 August, 2023
Min Lumpsum/SIP₹5000/₹500
Exit Load
1%
Lock InNo Lock-in
TurnOver
0%
Risk
Risk meter
pointer
Very High Risk

Fund Distribution
as on (31-May-24)

  • Equity 95.8%

  • Debt & Cash 4.2%

Large cap
43.3%

Small cap
34.1%

Mid cap
18.4%

Sector Allocation

May'24

Apr'24

Mar'24

Consumer Cyclical
34.9%
Consumer Defensive
24.8%
Financial Services
9.4%
Communication
7.4%
Health
6.6%
Real Estate
6.4%
Industrial
5.8%
Tech
3.2%
Basic Materials
1.6%
All changes are between Mar'24 and May'24

Returns for the month of May

  • Gainers

  • Losers

Sonal Gupta
Sonal Gupta
Fund Manager of HSBC Consumption Fund Direct Growth, since 4 September 2023

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 returns of 35.73% since inception (31nd Aug 2023)
Fund Allocations

Fund Allocations

This fund has an allocation of 95.77% in Equity, 0% in Debt and 4.23% in Cash related instruments
AUM size ₹1232 Cr

AUM size ₹1232 Cr

This fund has AUM of ₹1232 Cr which is less than its category average of ₹ 1453 Cr
Expense Ratio 0.76%

Expense Ratio 0.76%

This fund has an expense ratio of 0.76% which is less than its category average expense ratio of 1.51%

Frequently Asked Questions

The current NAV of HSBC Consumption Fund Direct Growth is ₹13.57 as on 14-Jun-2024.
Existing (Absolute + CAGR) as on 14-Jun-2024.
HSBC Consumption Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
8.39%
8.39%
6 Month Returns
22.23%
22.23%
1 Year Returns
0%
0%
3 Years Returns
0%
0%
5 Years Returns
0%
0%
With INDmoney, the process of investing is very simple and involves zero commission.
  • 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.
0.76% as on May 2024
₹1232 Cr as on May 2024
Bharti Airtel Ltd(5.96%), Varun Beverages Ltd(5.93%), Titan Co Ltd(4.12%), Avenue Supermarts Ltd(4.04%), Global Health Ltd(3.72%) as on May 2024
Consumer Cyclical(33.42%), Consumer Defensive(23.73%), Financial Services(8.96%) as on May 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
-
-
-
As on May 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
-
-
-
As on May 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
-
-
-
As on May 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
-
-
-
As on May 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%