Equity
Direct
Focused Fund
NAV as on 02-12-2024
₹ 27.2
▲0.8%
1D
Inception Returns
25.8%
/yr
HSBC Focused Fund Direct Growth is an equity fund. This fund was started on 29 July, 2020. The fund is managed by Neelotpal Sahai, Sonal Gupta, Cheenu Gupta. The fund could potentially beat inflation in the long-run.
HSBC Focused Fund Direct Growth has given a CAGR return of 25.80% since inception. Over the last 1 and 3 years the fund has given a CAGR return of 32.78% and 18.96% respectively.
HSBC Focused Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Industrial, Consumer Cyclical, Health, Tech, Energy, Basic Materials, Real Estate, Consumer Defensive. Its top holdings are ICICI Bank Ltd, Multi Commodity Exchange of India Ltd, Sun Pharmaceuticals Industries Ltd, Infosys Ltd, Blue Star Ltd
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.
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 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.
Expense ratio | 0.9% |
Benchmark | S&P BSE 500 India TR INR |
AUM | ₹1754 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 |
as on (02-Dec-24)
as on (31-Oct-24)
Top 3 Sectors in October were Financial Services, Industrial & Consumer Cyclical
HSBC Focused Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 1.54% | 1.54% |
6 Month Returns | 14.79% | 14.79% |
1 Year Returns | 32.78% | 32.78% |
3 Years Returns | 68.34% | 18.96% |
5 Years Returns | 0% | 0% |
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
HSBC Focused Fund Direct Growth | 6.89 | 1.87 | - |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
HSBC Focused Fund Direct Growth | 0.75 | 0.99 | - |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
HSBC Focused Fund Direct Growth | 1.85 | 0.87 | - |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
HSBC Focused Fund Direct Growth | 11.16 | 14.24 | - |