HSBC Multi Asset Allocation Fund Direct Growth

HSBC Multi Asset Allocation Fund Direct Growth

Hybrid

Direct

Multi Asset Allocation

NAV as on 31-10-2024

₹ 11.76

0.2%

1D

Inception Returns

17.6%

/yr

About HSBC Multi Asset Allocation Fund Direct Growth

HSBC Multi Asset Allocation Fund Direct Growth is a hybrid fund. This fund was started on 28 February, 2024. The fund is managed by . This fund gives you the benefit of diversification.

Key Parameters

  1. HSBC Multi Asset Allocation Fund Direct Growth has ₹2058 Cr worth of assets under management (AUM) as on Sep 2024 and is less than category average.
  2. The fund has an expense ratio 0.5.

Returns

HSBC Multi Asset Allocation Fund Direct Growth has given a CAGR return of 17.56% since inception.

Holdings

HSBC Multi Asset Allocation Fund Direct Growth has allocated its funds majorly in Industrial, Cash Equivalent, Government, Consumer Cyclical, Corporate, Real Estate, Financial Services, Tech, Utilities, Health, Consumer Defensive, Communication.

Taxation

As it is a multi asset allocation mutual fund the taxation is as follows:
If the fund is equity oriented i.e. asset allocation of more than 65% in equity instruments:
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
Gains up to Rs 1 lakh are exempt from taxation (more than 12 months).

Investment objective of HSBC Multi Asset Allocation Fund Direct Growth

The aim of the fund is to generate long-term capital growth and generate income by investing in Equity & Equity Related instruments, Debt & Money Market Securities and Gold / Silver ETFs. 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 Multi Asset Allocation Fund Direct Growth has no lock in period.

Historical NAV & Returns

Annualised

zero opening, trading, fund transfer fee
215 people have invested ₹ 18.4L in HSBC Multi Asset Allocation Fund Direct Growth in the last three months

HSBC Multi Asset Allocation Fund Direct Growth Overview

Expense ratio0.52%
Benchmark
BSE 200 TR INR
AUM₹2058 Cr
Inception Date28 February, 2024
Min Lumpsum/SIP₹5000/₹500
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
0%
STCGSelling within 36 months, gains taxed at slab rates.
LTCGHolding over 3 years, gains taxed at slab rates without indexation.
Risk
Risk meter
pointer
Very High Risk

Trailing Returns

as on (31-Oct-24)

Period
HSBC Multi Asset Allocation Fund Direct Growth
Multi Asset Allocation Index
1M
-2.7%
-
3M
-0.6%
-
6M
8.9%
-

Fund Distribution

as on (30-Sep-24)

  • Equity 65.7%

  • Debt & Cash 19.7%

Large cap
26.5%

Small cap
20%

Mid cap
19.3%

Sector Allocation

Sep'24

Aug'24

Jul'24

Industrial
45.1%
Consumer Cyclical
20.4%
Real Estate
9.9%
Financial Services
9.7%
Tech
6.7%
Utilities
4.5%
Health
1.7%
Consumer Defensive
1.2%
Communication
0.7%
All changes are between Oct'69 and Dec'69
Parameters
Sep'24
Aug'24
Jul'24
AUM
₹ 2K Cr
₹ 2K Cr
₹ 1.9K Cr
  • AUM of the fund stands at 2K Cr as of Sep'24
  • AUM has remained same between Sep'24 and Aug'24

Top 3 Sectors in September were Industrial, Government & Corporate

Sep'24
Industrial
45%
Government
39%
Consumer Cyclical
20%
Aug'24
Industrial
47%
Government
38%
Corporate
21%
Fund
Sep'24
Aug'24
Jul'24
No of Holdings
75
75
82
Top 5 Company Concentration
20.1%
16.2%
12.6%
Company having highest exposure
Zomato Ltd (5.3%)
Zomato Ltd (3.9%)
Zomato Ltd (3.2%)
No of Sectors
11
12
12
Top 5 Sectors Concentration
133.6%
133.1%
133.7%
Sector having highest exposure
Industrial (45.1%)
Industrial (46.6%)
Industrial (46%)
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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 Multi Asset Allocation 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 17.56% since inception (28th February 2024)
Fund Allocations

Fund Allocations

This fund has an allocation of 65.75% in Equity, 11.56% in Debt and 8.1% in Cash related instruments
AUM size ₹2058 Cr

AUM size ₹2058 Cr

This fund has AUM of ₹2058 Cr which is less than its category average of ₹ 3944 Cr
Expense Ratio 0.52%

Expense Ratio 0.52%

This fund has an expense ratio of 0.52% which is less than its category average expense ratio of 1.24%

Frequently Asked Questions for HSBC Multi Asset Allocation Fund Direct Growth

The current NAV of HSBC Multi Asset Allocation Fund Direct Growth is ₹11.76 as on 31-Oct-2024.
Existing (Absolute + CAGR) as on 31-Oct-2024.
HSBC Multi Asset Allocation Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
-2.68%
-2.68%
6 Month Returns
8.89%
8.89%
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.
0.52% as on October 2024
₹2058 Cr as on October 2024
Zomato Ltd(5.32%), Suzlon Energy Ltd(4.16%), Sobha Ltd(3.67%), GE T&D India Ltd(3.51%), Trent Ltd(3.41%) as on October 2024
Industrial(29.62%), Cash Equivalent(14.28%), Consumer Cyclical(13.39%) as on October 2024
AAA
100
The Exit load of HSBC Multi Asset Allocation Fund Direct Growth is 1%