HSBC Flexi Cap Fund Direct Growth

Equity
Direct
Flexi Cap
HSBC Flexi Cap Fund Direct Growth

About the Fund

HSBC Flexi Cap Fund Direct Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Vihang Naik, Venugopal Manghat. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. HSBC Flexi Cap Fund Direct Growth has ₹4399 Cr worth of assets under management (AUM) as on Jun 2024 and is less than category average.
  2. The fund has an expense ratio 1.2.

Returns

HSBC Flexi Cap Fund Direct Growth has given a CAGR return of 17.19% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 49.62%, 22.93% and 22.11% respectively.

Holdings

HSBC Flexi Cap Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Industrial, Consumer Cyclical, Basic Materials, Energy, Consumer Defensive, Tech, Health, Utilities, Real Estate, Communication. Its top holdings are HDFC Bank Ltd, Reliance Industries Ltd, ICICI Bank Ltd, Infosys Ltd, Bharti Airtel Ltd

Taxation

As it is a flexi 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 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 Flexi Cap Fund Direct Growth

To seek long term capital growth through investments made dynamically across market capitalization (i.e. Large, Mid, and Small Caps). The investmentcould be in any one, two or all three types of market capitalization. The Scheme aims to predominantly invest in equity and equity related securities.However, in line with the asset allocation pattern of the Scheme, it could move its assets between equity and fixed income securities depending on its view on these markets. 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 Flexi Cap Fund Direct Growth has no lock in period.

Fund Performance
zero opening, trading, fund transfer fee
280 people have invested ₹ 59.6L in HSBC Flexi Cap Fund Direct Growth in the last three months

INDmoney Rank

Powered by IND quant engine
5
/18
58% Performance
30% Risk Management
26% Cost
5 out of 18 among flexi cap
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Beats FD returns for both 3Y & 5Y
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Poor track record of Recovering losses quickly

Fund Overview

Expense ratio1.15%
Benchmark
S&P BSE 500 India TR INR
AUM₹4399 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹5000/₹500
Exit Load
1%
Lock InNo Lock-in
TurnOver
26.91%
Risk
Risk meter
pointer
Very High Risk

Fund Distribution
as on (30-Jun-24)

  • Equity 98.8%

  • Debt & Cash 1.3%

Large cap
59%

Small cap
20.1%

Mid cap
19.6%

Sector Allocation

Jun'24

May'24

Apr'24

Financial Services
24.2%
Industrial
18.2%
Consumer Cyclical
10.9%
Basic Materials
8.8%
Energy
8.2%
Consumer Defensive
7.6%
Tech
7.5%
Health
5.8%
Utilities
3.2%
Real Estate
2.8%
Communication
2.8%
All changes are between Apr'24 and Jun'24

Returns for the month of Jun

  • Gainers

  • Losers

Vihang Naik
Vihang Naik
Fund Manager of HSBC Flexi Cap Fund Direct Growth, since 26 November 2022
Venugopal Manghat
Venugopal Manghat
Fund Manager of HSBC Flexi Cap Fund Direct Growth, since 26 November 2022

Mutual Fund Insights

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Over the last 6 months, this fund has decreased expense ratio by 3.4% moving from 1.19 to 1.15.
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In the last 1 year, Bank of India Flexi Cap Fund Direct Growth has given 71.31% return, outperforming this fund by 21.69%.
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In the last 5 years, Quant Flexi Cap Fund Growth Option Direct Plan has given 34.95% return, outperforming this fund by 12.85% per annum.
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This fund expense ratio is slightly on the lower side within the category (flexi cap). Its expense ratio is 1.15% which is lower than the category average expense ratio of 1.17%.
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In the last 3 years, JM Flexicap Fund (Direct) Growth Option has given 34.06% return, outperforming this fund by 11.13% per annum.

HSBC Flexi Cap 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 17.19% since inception which is less than its category average return of 21.77%
Fund Allocations

Fund Allocations

This fund has an allocation of 98.75% in Equity, 0% in Debt and 1.25% in Cash related instruments
AUM size ₹4399 Cr

AUM size ₹4399 Cr

This fund has AUM of ₹4399 Cr which is less than its category average of ₹ 8258 Cr
Expense Ratio 1.15%

Expense Ratio 1.15%

This fund has an expense ratio of 1.15% which is less than its category average expense ratio of 1.35%

Frequently Asked Questions

The current NAV of HSBC Flexi Cap Fund Direct Growth is ₹238.89 as on 15-Jul-2024.
Existing (Absolute + CAGR) as on 15-Jul-2024.
HSBC Flexi Cap Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
6.5%
6.5%
6 Month Returns
24.63%
24.63%
1 Year Returns
49.62%
49.62%
3 Years Returns
85.76%
22.93%
5 Years Returns
171.44%
22.11%
With INDmoney, the process of investing is very simple and involves zero commission.
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  • 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.
1.15% as on June 2024
₹4399 Cr as on June 2024
HDFC Bank Ltd(4.93%), Reliance Industries Ltd(4.79%), ICICI Bank Ltd(4.1%), Infosys Ltd(3.29%), Bharti Airtel Ltd(2.75%) as on June 2024
Financial Services(23.88%), Industrial(17.96%), Consumer Cyclical(10.74%) as on June 2024
The alpha ratio for the HSBC Flexi Cap Fund Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
HSBC Flexi Cap Fund Direct Growth
7.89
2.57
1.09
As on June 2024
The alpha for HSBC Flexi Cap 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 Flexi Cap Fund Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
HSBC Flexi Cap Fund Direct Growth
0.96
0.95
0.99
As on June 2024
The Beta for HSBC Flexi Cap 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 Flexi Cap Fund Direct Growth for various period is as follows:
Fund Name
Sharpe Ratio 1 Year
Sharpe Ratio 3 Years
Sharpe Ratio 5 Years
HSBC Flexi Cap Fund Direct Growth
2.97
1.19
0.82
As on June 2024
The sharpe ratio for HSBC Flexi Cap 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 Flexi Cap Fund Direct Growth for various period is as follows:
Fund Name
Standard Deviation 1 Year
Standard Deviation 3 Years
Standard Deviation 5 Years
HSBC Flexi Cap Fund Direct Growth
11.31
13.2
19.38
As on June 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.
Sortino ratio is 2.2 as on June 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.57 as on June 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
Vihang Naik, Venugopal Manghat are the fund managers of HSBC Flexi Cap Fund Direct Growth
The Exit load of HSBC Flexi Cap Fund Direct Growth is 1%