HSBC Small Cap Fund Fund Direct Growth

Equity
Direct
Small-Cap
HSBC Small Cap Fund Fund Direct Growth

About the Fund

HSBC Small Cap Fund Fund Direct Growth is an equity fund. This fund was started on 12 May, 2014. The fund is managed by Venugopal Manghat, Vihang Naik. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. HSBC Small Cap Fund Fund Direct Growth has ₹16397 Cr worth of assets under management (AUM) as on Jun 2024 and is more than category average.
  2. The fund has an expense ratio 0.7.

Returns

HSBC Small Cap Fund Fund Direct Growth has given a CAGR return of 24.53% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 51.20%, 30.58% and 32.25% respectively.

Holdings

HSBC Small Cap Fund Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Industrial, Consumer Cyclical, Basic Materials, Financial Services, Tech, Real Estate, Health, Consumer Defensive, Energy. Its top holdings are Apar Industries Ltd, Brigade Enterprises Ltd, KEI Industries Ltd, Techno Electric & Engineering Co Ltd, Century Textiles & Industries Ltd

Taxation

As it is a small-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 Small Cap Fund Fund Direct Growth

To generate long term capital growth from an actively managed portfolio of equity and equity related securities of predominantly small cap companies. However, it could move a portion of its assets towards fixed income securities if the fund manager becomes negative on the Indian equity 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 Small Cap Fund Fund Direct Growth has no lock in period.

Fund Performance
zero opening, trading, fund transfer fee
15233 people have invested ₹ 11.5Cr in HSBC Small Cap Fund Fund Direct Growth in the last three months

INDmoney Rank

Powered by IND quant engine
8
/17
66% Performance
43% Risk Management
71% Cost
8 out of 17 among small-cap
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3Y returns in the top 25% of the category
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Beats FD returns for both 3Y & 5Y
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No bad points found for this fund.

Fund Overview

Expense ratio0.65%
Benchmark
S&P BSE Smallcap TR INR
AUM₹16397 Cr
Inception Date12 May, 2014
Min Lumpsum/SIP₹5000/₹500
Exit Load
1%
Lock InNo Lock-in
TurnOver
15.09%
Risk
Risk meter
pointer
Very High Risk

Fund Distribution
as on (30-Jun-24)

  • Equity 97.5%

  • Debt & Cash 2.5%

Small cap
70.3%
Mid cap
22.8%
Large cap
3.1%
Sector Allocation

Jun'24

May'24

Apr'24

Industrial
36.2%
Consumer Cyclical
15.3%
Basic Materials
13.8%
Financial Services
10.9%
Tech
9.2%
Real Estate
6.5%
Health
4.1%
Consumer Defensive
2.4%
Energy
1.8%
All changes are between Apr'24 and Jun'24

as on (30-Jun-24)

  • Equity

Holdings
Weight%
1M Change
Apar Industries Ltd
Apar Industries Ltd
3.28%
0%
Brigade Enterprises Ltd
Brigade Enterprises Ltd
2.71%
-14.7%
KEI Industries Ltd
KEI Industries Ltd
2.49%
-2.6%
Techno Electric & Engineering Co Ltd
Techno Electric & Engineering Co Ltd
2.44%
0%
Century Textiles & Industries Ltd
Century Textiles & Industries Ltd
2.27%
0%
See all

  • Returns %

  • Fund Ratios

  • Overview

Funds
1Y Returns
3Y Returns
5Y Returns
Since Inception
HSBC Small Cap Fund Fund Direct Growth
HSBC Small Cap Fund Fund Direct Growth
51.2%
30.6%
32.3%
24.5%
Bandhan Small Cap Fund Direct Growth
Bandhan Small Cap Fund Direct Growth
73.6%
28.1%
-
41.7%
ITI Small Cap Fund Direct Growth
ITI Small Cap Fund Direct Growth
67.2%
23.2%
-
28.7%
Quant Small Cap Fund Growth Option Direct Plan
Quant Small Cap Fund Growth Option Direct Plan
62.5%
31.8%
46.9%
20.4%
See all

Returns for the month of Jun

  • Gainers

  • Losers

Top Growth Drivers
1M Return
Suven Pharmaceuticals Ltd
Suven Pharmaceuticals Ltd
24%
Aegis Logistics Ltd
Aegis Logistics Ltd
3.6%

Venugopal Manghat
Venugopal Manghat
Fund Manager of HSBC Small Cap Fund Fund Direct Growth, since 17 December 2019
Top funds managed
Scheme
Annualised Returns(3Y)
Category Returns(3Y)
HSBC Flexi Cap Fund Growth Direct
21.56%
18.85%
HSBC Small Cap Fund Fund Direct Growth
30.58%
25.57%
HSBC Value Fund Direct Plan Growth Option
28.25%
22.86%
Vihang Naik
Vihang Naik
Fund Manager of HSBC Small Cap Fund Fund Direct Growth, since 17 December 2019
Top funds managed
Scheme
Annualised Returns(3Y)
Category Returns(3Y)
HSBC Small Cap Fund Fund Direct Growth
30.58%
25.57%
HSBC Value Fund Direct Plan Growth Option
28.25%
22.86%
HSBC Midcap Fund Direct Plan Growth
24.97%
24.91%

Mutual Fund Insights

Insights icon
This fund expense ratio is slightly on the lower side within the category (small-cap). Its expense ratio is 0.65% which is lower than the category average expense ratio of 1.14%.
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Over the last 1 year, this fund has decreased expense ratio by 12.2% moving from 0.74 to 0.65.
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Over the last 3 months, this fund has experienced a 22.4% growth in AUM moving from 13.40K Cr to 16.39K Cr.
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In the last 1 year, Bandhan Small Cap Fund Direct Growth has given 73.61% return, outperforming this fund by 22.41%.
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In the last 3 years, Nippon India Small Cap Fund - Direct Plan - Growth Plan has given 32.93% return, outperforming this fund by 2.35% per annum.
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In the last 5 years, Quant Small Cap Fund Growth Option Direct Plan has given 46.9% return, outperforming this fund by 14.65% per annum.

HSBC Small Cap Fund 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 24.53% since inception which is more than its category average return of 21.54%
Fund Allocations

Fund Allocations

This fund has an allocation of 97.55% in Equity, 0% in Debt and 2.45% in Cash related instruments
AUM size ₹16397 Cr

AUM size ₹16397 Cr

This fund has AUM of ₹16397 Cr which is more than its category average of ₹ 7573 Cr
Expense Ratio 0.65%

Expense Ratio 0.65%

This fund has an expense ratio of 0.65% which is less than its category average expense ratio of 1.22%

Frequently Asked Questions

The current NAV of HSBC Small Cap Fund Fund Direct Growth is ₹93.63 as on 25-Jul-2024.
Existing (Absolute + CAGR) as on 25-Jul-2024.
HSBC Small Cap Fund Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
0.93%
0.93%
6 Month Returns
22.1%
22.1%
1 Year Returns
51.2%
51.2%
3 Years Returns
122.67%
30.58%
5 Years Returns
304.57%
32.25%
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0.65% as on June 2024
₹16397 Cr as on June 2024
Apar Industries Ltd(3.28%), Brigade Enterprises Ltd(2.71%), KEI Industries Ltd(2.49%), Techno Electric & Engineering Co Ltd(2.44%), Century Textiles & Industries Ltd(2.27%) as on June 2024
Industrial(35.28%), Consumer Cyclical(14.94%), Basic Materials(13.43%) as on June 2024
The alpha ratio for the HSBC Small Cap Fund Fund Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
HSBC Small Cap Fund Fund Direct Growth
2.11
7.98
3.92
As on June 2024
The alpha for HSBC Small Cap Fund Fund Direct Growth is calculated against S&P BSE Smallcap 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 Small Cap Fund Fund Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
HSBC Small Cap Fund Fund Direct Growth
0.85
0.79
0.87
As on June 2024
The Beta for HSBC Small Cap Fund Fund Direct Growth is calculated with S&P BSE Smallcap 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 Small Cap Fund Fund Direct Growth for various period is as follows:
Fund Name
Sharpe Ratio 1 Year
Sharpe Ratio 3 Years
Sharpe Ratio 5 Years
HSBC Small Cap Fund Fund Direct Growth
2.47
1.6
1.06
As on June 2024
The sharpe ratio for HSBC Small Cap Fund Fund Direct Growth is calculated with S&P BSE Smallcap 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 Small Cap Fund Fund Direct Growth for various period is as follows:
Fund Name
Standard Deviation 1 Year
Standard Deviation 3 Years
Standard Deviation 5 Years
HSBC Small Cap Fund Fund Direct Growth
16.17
15.25
23.11
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 3.55 as on June 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.9 as on June 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
Venugopal Manghat, Vihang Naik are the fund managers of HSBC Small Cap Fund Fund Direct Growth
The Exit load of HSBC Small Cap Fund Fund Direct Growth is 1%