HSBC Small Cap Fund Fund Direct Growth

HSBC Small Cap Fund Fund Direct Growth

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Equity
Direct
Small-Cap
NAV: ₹ 90.95 as on 13-06-2024

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 ₹14619 Cr worth of assets under management (AUM) as on Apr 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 24.46% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 56.56%, 32.61% and 29.52% 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, EIH 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
13935 people have invested ₹ 8.8Cr in HSBC Small Cap Fund Fund Direct Growth in the last three months

INDmoney Rank

Powered by IND quant engine
8
/17
61% Performance
44% Risk Management
72% Cost
8 out of 17 among small-cap

Pros

3Y returns in the top 25% of the category
Beats FD returns for both 3Y & 5Y

Cons

No bad points found for this fund.

Overview

Expense ratio
Expense ratio
0.68%
Benchmark
Benchmark
S&P BSE Smallcap TR INR
AUM
AUM
₹14619 Cr
Inception Date
Inception Date
12 May, 2014
Min Lumpsum/SIP
Min Lumpsum/SIP
₹5000/₹500
Exit Load
Exit Load
1%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
15.09%

HSBC Small Cap Fund Fund Direct Growth Distribution as on (30-Apr-24)

  • Equity 97.7%

  • Debt & Cash 2.3%

Size breakup

Small cap
71.7%
Mid cap
21.7%
Large cap
3%
Sector Allocation

Apr'24

Mar'24

Feb'24

Industrial
33.4%
Consumer Cyclical
15.4%
Basic Materials
15%
Financial Services
10.4%
Tech
9.6%
Real Estate
7.2%
Health
5%
Consumer Defensive
2.5%
Energy
1.6%

Monthly Changes Updates

All changes are between Feb'24 and Apr'24
Fund Performance
Apr'24
Mar'24
Feb'24
Fund Returns
9.30%
-2.32%
-1.83%
Nifty Smallcap 250
7.26%
-4.85%
-0.79%
  • This fund’s returns stands at 9.30% whereas the fund’s underlying benchmark Nifty Smallcap 250 returns stands at 7.26% as on Apr'24
  • This fund outperformed Nifty Smallcap 250 by 2.04% in Apr'24
AUM Change
Parameters
Apr'24
Mar'24
Feb'24
AUM
₹ 13.4K Cr
₹ 13.4K Cr
₹ 13.7K Cr
  • AUM of the fund stands at 13.4K Cr as of Apr'24
  • AUM has remained same between Apr'24 and Mar'24
Fund Portfolio Changes

Top Holdings of HSBC Small Cap Fund Fund Direct Growth as on (31-May-24)

  • Equity

Equity Holdings98

Mutual Fund Insights

Insights icon
This fund expense ratio is slightly on the lower side within the category (small-cap). Its expense ratio is 0.68% which is lower than the category average expense ratio of 1.16%.
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Over the last 6 months, this fund has experienced a 14.3% growth in AUM moving from 12.79K Cr to 14.61K Cr.
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In the last 3 years, Quant Small Cap Fund Growth Option Direct Plan has given 35.61% return, outperforming this fund by 3% per annum.
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In the last 5 years, Quant Small Cap Fund Growth Option Direct Plan has given 43.52% return, outperforming this fund by 14% per annum.
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In the last 1 year, Bandhan Small Cap Fund Direct Growth has given 73.76% return, outperforming this fund by 17.2%.
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Over the last 1 year, this fund has decreased expense ratio by 11.7% moving from 0.77 to 0.68.

Fund Manager

Venugopal Manghat
Venugopal Manghat
Fund Manager of HSBC Small Cap Fund Fund Direct Growth, since 17 December 2019
Vihang Naik
Vihang Naik
Fund Manager of HSBC Small Cap Fund Fund Direct Growth, since 17 December 2019

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 24.46% since inception which is more than its category average return of 21.22%
Fund Allocations

Fund Allocations

This fund has an allocation of 97.69% in Equity, 0% in Debt and 2.31% in Cash related instruments
AUM size ₹14619 Cr

AUM size ₹14619 Cr

This fund has AUM of ₹14619 Cr which is more than its category average of ₹ 6823 Cr
Expense Ratio 0.68%

Expense Ratio 0.68%

This fund has an expense ratio of 0.68% which is less than its category average expense ratio of 1.2%

Frequently Asked Questions

The current NAV of HSBC Small Cap Fund Fund Direct Growth is ₹90.95 as on 13-Jun-2024.
Existing (Absolute + CAGR) as on 13-Jun-2024.
HSBC Small Cap Fund Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
12.98%
12.98%
6 Month Returns
22.25%
22.25%
1 Year Returns
56.56%
56.56%
3 Years Returns
133.22%
32.61%
5 Years Returns
264.49%
29.52%
With INDmoney, the process of investing is very simple and involves zero commission.
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  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.
0.68% as on May 2024
₹14619 Cr as on May 2024
Apar Industries Ltd(3.4%), Brigade Enterprises Ltd(3.36%), KEI Industries Ltd(2.63%), Techno Electric & Engineering Co Ltd(2.47%), EIH Ltd(2.42%) as on May 2024
Industrial(36.03%), Consumer Cyclical(14.16%), Basic Materials(13.66%) as on May 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
1.98
7.89
3.98
As on May 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
0.8
0.78
0.86
As on May 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
2.42
1.57
0.96
As on May 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
14.63
14.66
22.91
As on May 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 3.36 as on May 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.87 as on May 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%