HSBC Focused Fund Direct Growth
Equity
Direct
Focused Fund
NAV as on 22-10-2024
₹ 26.66
1D
Inception Returns
26.8%
/yr
About HSBC Focused Fund Direct Growth
HSBC Focused Fund Direct Growth is an equity fund. This fund was started on 29 July, 2020. The fund is managed by Cheenu Gupta, Neelotpal Sahai. The fund could potentially beat inflation in the long-run.
Key Parameters
- HSBC Focused Fund Direct Growth has ₹1824 Cr worth of assets under management (AUM) as on Sep 2024 and is less than category average.
- The fund has an expense ratio 0.9.
Returns
HSBC Focused Fund Direct Growth has given a CAGR return of 26.79% since inception. Over the last 1 and 3 years the fund has given a CAGR return of 40.78% and 16.87% respectively.
Holdings
HSBC Focused Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Industrial, Consumer Cyclical, Health, Tech, Energy, Real Estate, Consumer Defensive, Basic Materials. Its top holdings are ICICI Bank Ltd, Multi Commodity Exchange of India Ltd, Larsen & Toubro Ltd, Blue Star Ltd, Sun Pharmaceuticals Industries Ltd
Taxation
As it is a focused fund 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 Focused Fund Direct Growth
To seek long term capital growth through investments in a concentrated portfolio of equity & equity related instruments of up to 30 companies across market capitalization. However, there is no assurance 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 Focused Fund Direct Growth has no lock in period.
Historical NAV & Returns
Annualised
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218 people have invested ₹ 7.4L in HSBC Focused Fund Direct Growth in the last three months
INDmoney Rank for HSBC Focused Fund Direct Growth
Powered by IND quant engine
14
/19
46% Performance
35% Risk Management
59% Cost
14 out of 19 among focused fund
Hold on while we find any good points for this fund.
Higher probablity of downside risk
HSBC Focused Fund Direct Growth Overview
| Expense ratio | 0.89% |
Benchmark | S&P BSE 500 India TR INR |
| AUM | ₹1824 Cr |
| Inception Date | 29 July, 2020 |
| Min Lumpsum/SIP | ₹5000/₹500 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 37.75% |
| 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 (22-Oct-24)
Fund Distribution
as on (30-Sep-24)
Large cap
51.7%
Small cap
27.4%
Mid cap
17%
Sector Allocation
Financial Services
31.3%
Industrial
21.2%
Consumer Cyclical
12.5%
Health
10.1%
Tech
7.7%
Energy
7.6%
Real Estate
4.3%
Consumer Defensive
3.4%
Basic Materials
1.9%
All changes are between Jul'24 and Sep'24
- This fund’s returns stands at 1.67% whereas the fund’s underlying benchmark Nifty 500 returns stands at 2.04% as on Sep'24
- This fund underperformed Nifty 500 by 0.36% in Sep'24
- AUM of the fund stands at 1.8K Cr as of Sep'24
- AUM has remained same between Sep'24 and Aug'24
Top Stocks bought last month
Jyoti CNC Automation Ltd's allocation increased from 0.79% to 1.88%
Kalyan Jewellers India Ltd's allocation increased from 2.04% to 3%
Blue Star Ltd's allocation increased from 3.53% to 4.24%
Top Stocks sold last month
Larsen & Toubro Ltd's allocation decreased from 4.5 % to 4.43 %
DLF Ltd's allocation decreased from 4.67 % to 4.17 %
Reliance Industries Ltd's allocation decreased from 4.17 % to 4.05 %
Small Cap allocation has gone up from 24.5% to 27.4%
Mid Cap allocation has gone down from 18.4% to 17%
Large Cap allocation has gone down from 52.7% to 51.7%
Cash allocation has gone up from 3.5% to 3.9%
Top 3 Sectors in September were Financial Services, Industrial & Consumer Cyclical
Sep'24
Financial Services
31%
Industrial
21%
Consumer Cyclical
12%
Aug'24
Financial Services
31%
Industrial
20%
Consumer Cyclical
11%
See all
Top Growth Drivers | 1M Return |
|---|---|
 Multi Commodity Exchange of India Ltd | 11.7% |
 Blue Star Ltd | 0.5% |
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Cheenu Gupta
Fund Manager of HSBC Focused Fund Direct Growth, since 1 June 2023
Top funds managed
Neelotpal Sahai
Fund Manager of HSBC Focused Fund Direct Growth, since 29 July 2020
Top funds managed
Fund House
HSBC Asset Management (India) Private Ltd
Total Schemes
Total AUM
₹1.27L Cr
as on 30-Sep-2024
Address
HSBC Asset Management (India) Private Ltd.,16, V N Road,,Fort
Phone
+912266145000
Website
hsbcmf@hsbc.co.in
HSBC Focused Fund Direct Growth Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered an average annual returns of 26.79% since inception which is more than its category average return of 18.2%
Fund Allocations
This fund has an allocation of 96.11% in Equity, 0% in Debt and 3.89% in Cash related instruments
AUM size ₹0 Cr
This fund has AUM of ₹0 Cr which is less than its category average of ₹ 4925 Cr
Expense Ratio 0.89%
This fund has an expense ratio of 0.89% which is less than its category average expense ratio of 1.46%
Frequently Asked Questions for HSBC Focused Fund Direct Growth
The current NAV of HSBC Focused Fund Direct Growth is ₹26.66 as on 22-Oct-2024.
Existing (Absolute + CAGR) as on 22-Oct-2024.
HSBC Focused Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -1.5% | -1.5% |
6 Month Returns | 17.77% | 17.77% |
1 Year Returns | 40.78% | 40.78% |
3 Years Returns | 59.64% | 16.87% |
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.
0.89% as on September 2024
₹1824 Cr as on September 2024
ICICI Bank Ltd(8.38%), Multi Commodity Exchange of India Ltd(4.97%), Larsen & Toubro Ltd(4.43%), Blue Star Ltd(4.24%), Sun Pharmaceuticals Industries Ltd(4.23%) as on September 2024
Financial Services(30.04%), Industrial(20.42%), Consumer Cyclical(11.97%) as on September 2024
The alpha ratio for the HSBC Focused Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
HSBC Focused Fund Direct Growth | 0.07 | 0.08 | - |
As on September 2024
The alpha for HSBC Focused 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 Focused Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
HSBC Focused Fund Direct Growth | 1.01 | 1.04 | - |
As on September 2024
The Beta for HSBC Focused 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 Focused Fund Direct Growth for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
HSBC Focused Fund Direct Growth | 2.3 | 0.89 | - |
As on September 2024
The sharpe ratio for HSBC Focused 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 Focused Fund Direct Growth for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
HSBC Focused Fund Direct Growth | 12.76 | 14.22 | - |
As on September 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 1.66 as on September 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.11 as on September 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
Cheenu Gupta, Neelotpal Sahai are the fund managers of HSBC Focused Fund Direct Growth
The Exit load of HSBC Focused Fund Direct Growth is 1%