HSBC Flexi Cap Fund Direct Growth

HSBC Flexi Cap Fund Direct Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Venugopal Manghat, Sonal Gupta. The fund could potentially beat inflation in the long-run.

1. HSBC Flexi Cap Fund Direct Growth has ₹4700 Cr worth of assets under management (AUM) as on Mar 2025 and is less than category average.
2. The fund has an expense ratio 1.2.
   

HSBC Flexi Cap Fund Direct Growth has given a CAGR return of 15.80% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 13.43%, 23.12% and 26.99% respectively.

HSBC Flexi Cap Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Industrial, Consumer Cyclical, Tech, Basic Materials, Health, Consumer Defensive, Energy, Communication, Utilities, Real Estate. Its top holdings are HDFC Bank Ltd, ICICI Bank Ltd, Infosys Ltd, Reliance Industries Ltd, Bharti Airtel Ltd

As it is a flexi cap mutual fund the taxation is as follows:
For short term (less than a year) capital gains will be taxed at 20%
For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefit
Dividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.

To seek long term capital growth through investments made dynamically across market capitalization (i.e. Large, Mid, and Small Caps). The investmentcould be in any one, two or all three types of market capitalization. The Scheme aims to predominantly invest in equity and equity related securities.However, in line with the asset allocation pattern of the Scheme, it could move its assets between equity and fixed income securities depending on its view on these markets. However, there can be no assurance or guarantee that the investment objective of the scheme would be achieved.

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 500.00. HSBC Flexi Cap Fund Direct Growth has no lock in period.