HSBC Large and Mid Cap Fund Direct Growth
Equity
Direct
Large & Mid- Cap
NAV as on 06-09-2024
₹ 29.26
1D
About the Fund
HSBC Large and Mid Cap Fund Direct Growth is an equity fund. This fund was started on 28 March, 2019. The fund is managed by Neelotpal Sahai, Cheenu Gupta. The fund could potentially beat inflation in the long-run.
Key Parameters
- HSBC Large and Mid Cap Fund Direct Growth has ₹2769 Cr worth of assets under management (AUM) as on Jul 2024 and is less than category average.
- The fund has an expense ratio 0.9.
Returns
HSBC Large and Mid Cap Fund Direct Growth has given a CAGR return of 0.00% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 45.26%, 20.93% and 25.36% respectively.
Holdings
HSBC Large and Mid Cap Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Industrial, Financial Services, Consumer Cyclical, Tech, Real Estate, Health, Utilities, Consumer Defensive, Energy, Communication, Basic Materials. Its top holdings are Suzlon Energy Ltd, Trent Ltd, Bharat Electronics Ltd, CG Power & Industrial Solutions Ltd, Bharat Heavy Electricals Ltd
Taxation
As it is a large & mid- 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 benefitDividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.
Investment objective of HSBC Large and Mid Cap Fund Direct Growth
To seek long term capital growth through investments in both large cap and mid cap stocks.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 500.00. HSBC Large and Mid Cap Fund Direct Growth has no lock in period.
Historical NAV & Returns
Annualised
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422 people have invested ₹ 64.8L in HSBC Large and Mid Cap Fund Direct Growth in the last three months
INDmoney Rank
Powered by IND quant engine
11
/21
67% Performance
37% Risk Management
51% Cost
11 out of 21 among large & mid-cap
Beats FD returns for both 3Y & 5Y
Poor track record of protecting capital in bear phase
Poor track record of Recovering losses quickly
Fund Overview
| Expense ratio | 0.9% |
Benchmark | S&P BSE 200 India TR INR |
| AUM | ₹2769 Cr |
| Inception Date | 28 March, 2019 |
| Min Lumpsum/SIP | ₹5000/₹500 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 104.89% |
| 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 (06-Sep-24)
Fund Distribution
as on (31-Jul-24)
Large cap
37.9%
Mid cap
37.1%
Small cap
22.9%
Sector Allocation
Industrial
35.7%
Financial Services
19.5%
Consumer Cyclical
16.6%
Tech
8.2%
Real Estate
5.5%
Health
5.3%
Utilities
4.7%
Consumer Defensive
1.7%
Energy
1.1%
Communication
1%
Basic Materials
0.7%
All changes are between May'24 and Jul'24
- This fund’s returns stands at 4.50% whereas the fund’s underlying benchmark Nifty 500 returns stands at 3.53% as on Jul'24
- This fund outperformed Nifty 500 by 0.97% in Jul'24
- AUM of the fund stands at 2.8K Cr as of Jul'24
- AUM has remained same between Jul'24 and Jun'24
Top Stocks bought last month
ICICI Bank Ltd's allocation increased from 1.49% to 2.5%
Mahindra & Mahindra Ltd's allocation increased from 0.87% to 1.83%
HDFC Asset Management Co Ltd's allocation increased from 0.96% to 1.88%
Top Stocks sold last month
Bharat Electronics Ltd's allocation decreased from 2.87 % to 2.74 %
Bharat Heavy Electricals Ltd's allocation decreased from 2.76 % to 2.56 %
Larsen & Toubro Ltd's allocation decreased from 3.74 % to 2.42 %
Small Cap allocation has gone down from 23.6% to 21.4%
Mid Cap allocation has gone up from 35.5% to 37%
Large Cap allocation has gone up from 39.4% to 39.5%
Cash allocation has gone up from 1.5% to 2.1%
Top 3 Sectors in July were Industrial, Consumer Cyclical & Financial Services
Jul'24
Industrial
36%
Financial Services
19%
Consumer Cyclical
17%
Jun'24
Industrial
38%
Consumer Cyclical
18%
Financial Services
16%
See all
Top Growth Drivers | 1M Return |
|---|---|
 Trent Ltd | 29.8% |
 Safari Industries (India) Ltd | 10.5% |
 Suzlon Energy Ltd | 7.4% |
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Neelotpal Sahai
Fund Manager of HSBC Large and Mid Cap Fund Direct Growth, since 28 March 2019
Top funds managed
Cheenu Gupta
Fund Manager of HSBC Large and Mid Cap Fund Direct Growth, since 26 November 2022
Top funds managed
Fund House
HSBC Asset Management(India)Private Ltd
Total Schemes
Total AUM
₹97.31K Cr
as on 31-Jul-2024
Address
HSBC Asset Management (India) Private Ltd.,16, V N Road,,Fort
Phone
+912266145000
Website
hsbcmf@hsbc.co.in
Mutual Fund Insights
In the last 3 years, Quant Large and Mid Cap Fund Growth Option Direct Plan has given 28.52% return, outperforming this fund by 7.59% per annum.
In the last 1 year, Motilal Oswal Large and Midcap Fund Direct Growth has given 56.79% return, outperforming this fund by 11.53%.
In the last 5 years, Quant Large and Mid Cap Fund Growth Option Direct Plan has given 31.22% return, outperforming this fund by 5.86% per annum.
This fund expense ratio is slightly on the lower side within the category (large & mid- cap). Its expense ratio is 0.9% which is lower than the category average expense ratio of 1.19%.
Over the last 1 year, this fund has decreased expense ratio by 10.9% moving from 1.01 to 0.90.
HSBC Large and Mid Cap Fund Direct Growth Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
Fund Allocations
This fund has an allocation of 98.5% in Equity, 0% in Debt and 1.5% in Cash related instruments
AUM size ₹0 Cr
This fund has AUM of ₹0 Cr which is less than its category average of ₹ 7699 Cr
Expense Ratio 0.9%
This fund has an expense ratio of 0.9% which is less than its category average expense ratio of 1.32%
Frequently Asked Questions
The current NAV of HSBC Large and Mid Cap Fund Direct Growth is ₹29.26 as on 06-Sep-2024.
Existing (Absolute + CAGR) as on 06-Sep-2024.
HSBC Large and Mid Cap Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 5.57% | 5.57% |
6 Month Returns | 23.88% | 23.88% |
1 Year Returns | 45.26% | 45.26% |
3 Years Returns | 76.86% | 20.93% |
5 Years Returns | 209.59% | 25.36% |
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.
0.9% as on August 2024
₹2769 Cr as on August 2024
Suzlon Energy Ltd(3.86%), Trent Ltd(3.6%), Bharat Electronics Ltd(2.68%), CG Power & Industrial Solutions Ltd(2.67%), Bharat Heavy Electricals Ltd(2.54%) as on August 2024
Industrial(37.57%), Financial Services(18.8%), Consumer Cyclical(15.28%) as on August 2024
The alpha ratio for the HSBC Large and Mid Cap Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
HSBC Large and Mid Cap Fund Direct Growth | 9.49 | 1.61 | 1.1 |
As on August 2024
The alpha for HSBC Large and Mid Cap Fund Direct Growth is calculated against S&P BSE 200 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 Large and Mid Cap Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
HSBC Large and Mid Cap Fund Direct Growth | 0.84 | 0.93 | 0.92 |
As on August 2024
The Beta for HSBC Large and Mid Cap Fund Direct Growth is calculated with S&P BSE 200 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 Large and Mid 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 Large and Mid Cap Fund Direct Growth | 3.12 | 1.18 | 1.06 |
As on August 2024
The sharpe ratio for HSBC Large and Mid Cap Fund Direct Growth is calculated with S&P BSE 200 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 Large and Mid 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 Large and Mid Cap Fund Direct Growth | 11.37 | 13.41 | 18.5 |
As on August 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 2.27 as on August 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.13 as on August 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
Neelotpal Sahai, Cheenu Gupta are the fund managers of HSBC Large and Mid Cap Fund Direct Growth
The Exit load of HSBC Large and Mid Cap Fund Direct Growth is 1%