HSBC Multi Cap Fund Direct Growth

Fund Overview

Fund Size

₹4,276 Cr

Expense Ratio

0.60%

ISIN

INF336L01QN5

Minimum SIP

₹1,000

Exit Load

1.00%

Inception Date

30 Jan 2023

About this fund

HSBC Multi Cap Fund Direct Growth is a Multi-Cap mutual fund schemes offered by HSBC Mutual Fund. This fund has been in existence for 2 years, 2 months and 20 days, having been launched on 30-Jan-23.
As of 17-Apr-25, it has a Net Asset Value (NAV) of ₹17.58, Assets Under Management (AUM) of 4276.29 Crores, and an expense ratio of 0.6%.

HSBC Multi Cap Fund Direct Growth has given a CAGR return of 29.05% since inception.
The fund's asset allocation comprises around 98.41% in equities, 0.00% in debts, and 1.59% in cash & cash equivalents.
You can start investing in HSBC Multi Cap Fund Direct Growth with a SIP of ₹1000 or a Lumpsum investment of ₹5000.

Performance against Category Average

In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.

1 Year

+7.68%

+7.99% (Cat Avg.)

Since Inception

+29.05%

— (Cat Avg.)

Portfolio Summaryas of 31st March 2025

Equity	₹4,208.15 Cr	98.41%
Others	₹68.13 Cr	1.59%

Top Holdings

All Holdings

Equity

Debt & Others

Name	Type	Amount	Holdings
HDFC Bank Ltd	Equity	₹182.49 Cr	4.27%
Bajaj Finance Ltd	Equity	₹128.37 Cr	3.00%
ICICI Bank Ltd	Equity	₹124.47 Cr	2.91%
Reliance Industries Ltd	Equity	₹98.2 Cr	2.30%
NTPC Ltd	Equity	₹88.55 Cr	2.07%
Larsen & Toubro Ltd	Equity	₹85.26 Cr	1.99%
Kotak Mahindra Bank Ltd	Equity	₹84.46 Cr	1.98%
The Federal Bank Ltd	Equity	₹82.99 Cr	1.94%
Jubilant Foodworks Ltd	Equity	₹79.45 Cr	1.86%
Shriram Finance Ltd	Equity	₹77.92 Cr	1.82%
Oberoi Realty Ltd	Equity	₹74.73 Cr	1.75%
Mahindra & Mahindra Ltd	Equity	₹74.32 Cr	1.74%
Bharti Airtel Ltd	Equity	₹74.22 Cr	1.74%
Nippon Life India Asset Management Ltd Ordinary Shares	Equity	₹68.13 Cr	1.59%
Neuland Laboratories Limited	Equity	₹68.08 Cr	1.59%
Multi Commodity Exchange of India Ltd	Equity	₹67.8 Cr	1.59%
Axis Bank Ltd	Equity	₹66.42 Cr	1.55%
K.P.R. Mill Ltd	Equity	₹64.6 Cr	1.51%
Wipro Ltd	Equity	₹63.98 Cr	1.50%
Kaynes Technology India Ltd	Equity	₹63.19 Cr	1.48%
GE Vernova T&D India Ltd	Equity	₹61.67 Cr	1.44%
Varun Beverages Ltd	Equity	₹60.32 Cr	1.41%
Divi's Laboratories Ltd	Equity	₹58.74 Cr	1.37%
Eternal Ltd	Equity	₹58.32 Cr	1.36%
Power Mech Projects Ltd	Equity	₹58.2 Cr	1.36%
Sai Life Sciences Ltd	Equity	₹57.34 Cr	1.34%
Infosys Ltd	Equity	₹56.43 Cr	1.32%
State Bank of India	Equity	₹56.11 Cr	1.31%
Persistent Systems Ltd	Equity	₹55.19 Cr	1.29%
Treps	Cash - Repurchase Agreement	₹54.34 Cr	1.27%
PB Fintech Ltd	Equity	₹54.1 Cr	1.27%
Maruti Suzuki India Ltd	Equity	₹52.77 Cr	1.23%
Engineers India Ltd	Equity	₹51.71 Cr	1.21%
Firstsource Solutions Ltd	Equity	₹51.18 Cr	1.20%
TVS Motor Co Ltd	Equity	₹48.98 Cr	1.15%
Dixon Technologies (India) Ltd	Equity	₹48.78 Cr	1.14%
Zensar Technologies Ltd	Equity	₹47.59 Cr	1.11%
Power Finance Corp Ltd	Equity	₹47.33 Cr	1.11%
UltraTech Cement Ltd	Equity	₹47.03 Cr	1.10%
TD Power Systems Ltd	Equity	₹45.62 Cr	1.07%
Suzlon Energy Ltd	Equity	₹44.67 Cr	1.04%
Sun Pharmaceuticals Industries Ltd	Equity	₹44.55 Cr	1.04%
Housing & Urban Development Corp Ltd	Equity	₹43.46 Cr	1.02%
Sumitomo Chemical India Ltd Ordinary Shares	Equity	₹42.2 Cr	0.99%
Time Technoplast Ltd	Equity	₹41.62 Cr	0.97%
Lemon Tree Hotels Ltd	Equity	₹40.39 Cr	0.94%
Radico Khaitan Ltd	Equity	₹39.74 Cr	0.93%
Karur Vysya Bank Ltd	Equity	₹39.21 Cr	0.92%
Epigral Ltd	Equity	₹38.99 Cr	0.91%
Lupin Ltd	Equity	₹38.88 Cr	0.91%
Ipca Laboratories Ltd	Equity	₹38.6 Cr	0.90%
Trent Ltd	Equity	₹38.15 Cr	0.89%
KPIT Technologies Ltd	Equity	₹37.63 Cr	0.88%
eClerx Services Ltd	Equity	₹36.89 Cr	0.86%
Tech Mahindra Ltd	Equity	₹36.45 Cr	0.85%
Gokaldas Exports Ltd	Equity	₹36.18 Cr	0.85%
Siemens Ltd	Equity	₹36.14 Cr	0.85%
Sundaram Finance Ltd	Equity	₹35.73 Cr	0.84%
HDFC Asset Management Co Ltd	Equity	₹35.1 Cr	0.82%
Hindustan Unilever Ltd	Equity	₹33.39 Cr	0.78%
ITC Ltd	Equity	₹31.93 Cr	0.75%
Coforge Ltd	Equity	₹31.87 Cr	0.75%
Indian Hotels Co Ltd	Equity	₹30.04 Cr	0.70%
Cholamandalam Investment and Finance Co Ltd	Equity	₹28.45 Cr	0.67%
HCL Technologies Ltd	Equity	₹26.96 Cr	0.63%
Gujarat Fluorochemicals Ltd Ordinary Shares	Equity	₹26.59 Cr	0.62%
Suven Pharmaceuticals Ltd	Equity	₹26.19 Cr	0.61%
AIA Engineering Ltd	Equity	₹25.74 Cr	0.60%
Safari Industries (India) Ltd	Equity	₹25.08 Cr	0.59%
Ratnamani Metals & Tubes Ltd	Equity	₹25.05 Cr	0.59%
Bharat Bijlee Ltd	Equity	₹24.53 Cr	0.57%
KEI Industries Ltd	Equity	₹24.29 Cr	0.57%
Marico Ltd	Equity	₹23.88 Cr	0.56%
Thangamayil Jewellery Ltd	Equity	₹22.94 Cr	0.54%
Bharat Electronics Ltd	Equity	₹22.89 Cr	0.54%
Paradeep Phosphates Ltd	Equity	₹22.55 Cr	0.53%
KEC International Ltd	Equity	₹22.48 Cr	0.53%
Bikaji Foods International Ltd	Equity	₹20.95 Cr	0.49%
Balrampur Chini Mills Ltd	Equity	₹18.12 Cr	0.42%
Jyoti CNC Automation Ltd	Equity	₹17.18 Cr	0.40%
Swiggy Ltd	Equity	₹17.01 Cr	0.40%
Sonata Software Ltd	Equity	₹16.97 Cr	0.40%
Bajaj Auto Ltd	Equity	₹16.66 Cr	0.39%
PNC Infratech Ltd	Equity	₹16.31 Cr	0.38%
Colgate-Palmolive (India) Ltd	Equity	₹16.3 Cr	0.38%
ABB India Ltd	Equity	₹16.25 Cr	0.38%
Hindalco Industries Ltd	Equity	₹15.36 Cr	0.36%
CCL Products (India) Ltd	Equity	₹14.84 Cr	0.35%
Container Corporation of India Ltd	Equity	₹14.39 Cr	0.34%
Net Current Assets (Including Cash & Bank Balances)	Cash	₹13.79 Cr	0.32%
Jindal Steel & Power Ltd	Equity	₹13.41 Cr	0.31%
Hyundai Motor India Ltd	Equity	₹9.84 Cr	0.23%
West Coast Paper Mills Ltd	Equity	₹9.62 Cr	0.22%
Rolex Rings Ltd	Equity	₹7.55 Cr	0.18%
VRL Logistics Ltd	Equity	₹6.72 Cr	0.16%
Jindal Stainless Ltd	Equity	₹4.51 Cr	0.11%
Sai Silks (Kalamandir) Ltd	Equity	₹1.71 Cr	0.04%

Allocation By Market Cap (Equity)

Other Allocation

Equity Sector

Debt & Others

Sector	Amount	Holdings
Financial Services	₹1,222.55 Cr	28.59%
Consumer Cyclical	₹658.05 Cr	15.39%
Industrials	₹644.78 Cr	15.08%
Technology	₹509.92 Cr	11.92%
Healthcare	₹264.29 Cr	6.18%
Consumer Defensive	₹259.46 Cr	6.07%
Basic Materials	₹245.31 Cr	5.74%
Energy	₹98.2 Cr	2.30%
Utilities	₹88.55 Cr	2.07%
Real Estate	₹74.73 Cr	1.75%
Communication Services	₹74.22 Cr	1.74%

Risk & Performance Ratios

Fund Managers

Mahesh Chhabria

Since February 2025

Venugopal Manghat

Since January 2023

Gautam Bhupal

Since April 2024

Sonal Gupta

Since January 2023

Additional Scheme Detailsas of 31st March 2025

ISIN

INF336L01QN5

Expense Ratio

0.60%

Exit Load

1.00%

Fund Size

₹4,276 Cr

Age

2 years 2 months

Lumpsum Minimum

₹5,000

Fund Status

Open Ended Investment Company

Benchmark

Nifty 500 Multicap 50:25:25 TR INR

Investment Objective

To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.

Tax Treatment

Capital Gains Taxation:

Dividend Taxation:

Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.

Similar Multi-Cap Funds

Fund name	Expense Ratio	Exit Load	Fund size	1Y
Bajaj Finserv Multi Cap Fund Direct Growth Low Risk	0.7%	1.0%	₹423.81 Cr	-
Bajaj Finserv Multi Cap Fund Regular Growth Low Risk	2.4%	1.0%	₹423.81 Cr	-
Groww Multicap Fund Direct Growth Very High Risk	0.5%	1.0%	₹83.03 Cr	-
Groww Multicap Fund Regular Growth Very High Risk	2.3%	1.0%	₹83.03 Cr	-
Edelweiss Nifty500 Multicap Momentum Quality 50 ETF Very High Risk	0.0%	-	₹24.59 Cr	-
Samco Multi Cap Fund Direct Growth Moderately High risk	0.7%	1.0%	₹345.20 Cr	-
Samco Multi Cap Fund Regular Growth Moderately High risk	2.4%	1.0%	₹345.20 Cr	-
PGIM India Multi Cap Fund Direct Growth Very High Risk	0.6%	0.0%	₹345.83 Cr	-
PGIM India Multi Cap Fund Regular Growth Very High Risk	2.4%	0.0%	₹345.83 Cr	-
Mirae Asset Nifty500 Multicap 50:25:25 ETF Very High Risk	0.2%	-	₹44.21 Cr	-

About the AMC

HSBC Mutual Fund

+91 22 66145000

https://www.assetmanagement.hsbc.co.in/en/mutual-funds

Total AUM

₹1,11,757 Cr

Address

16, V N Road, Mumbai, 400 001

Other Funds by HSBC Mutual Fund

Fund name	Expense Ratio	Exit Load	Fund size	1Y
HSBC Consumption Fund Direct Growth Very High Risk	0.8%	1.0%	₹1438.46 Cr	13.7%
HSBC Balanced Advantage Fund Direct Growth Moderately High risk	0.8%	1.0%	₹1470.55 Cr	9.5%
HSBC Infrastructure Fund Direct Growth Very High Risk	1.0%	1.0%	₹1998.59 Cr	6.1%
HSBC Aggressive Hybrid Fund Direct Growth Very High Risk	0.8%	1.0%	₹4744.31 Cr	5.5%
HSBC Value Fund Direct Growth Very High Risk	0.8%	1.0%	₹12600.37 Cr	10.1%
HSBC Credit Risk Fund Direct Growth Moderately High risk	0.9%	3.0%	₹598.03 Cr	10.4%
HSBC Banking & PSU Debt Direct Growth Moderate Risk	0.2%	0.0%	₹4250.58 Cr	8.9%
HSBC Midcap Fund Direct Growth Very High Risk	0.7%	1.0%	₹10361.74 Cr	6.5%
HSBC ELSS Fund Direct Growth Very High Risk	1.1%	0.0%	₹3870.86 Cr	12.2%
HSBC Equity Savings Fund Direct Growth Moderate Risk	0.6%	0.0%	₹624.03 Cr	9.0%
HSBC Low Duration Fund Direct Growth Low to Moderate Risk	0.4%	0.0%	₹531.31 Cr	8.4%
HSBC Short Duration Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹3688.20 Cr	9.7%
HSBC Corporate Bond Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹5807.89 Cr	9.8%
HSBC Dynamic Bond Fund Direct Growth Moderate Risk	0.2%	0.0%	₹157.91 Cr	11.8%
HSBC Money Market Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹2536.19 Cr	8.0%
HSBC Gilt Fund Direct Growth Moderate Risk	0.5%	0.0%	₹250.66 Cr	11.6%
HSBC Medium Duration Direct Growth Moderate Risk	0.4%	0.0%	₹658.03 Cr	10.5%
HSBC Focused Fund Direct Growth Very High Risk	0.9%	1.0%	₹1554.94 Cr	6.0%
HSBC Business Cycles Fund Direct Growth Very High Risk	1.1%	1.0%	₹967.37 Cr	13.1%
HSBC Overnight Fund Direct Growth Low Risk	0.1%	0.0%	₹2384.04 Cr	6.6%
HSBC Conservative Hybrid Fund Direct Growth Moderately High risk	1.4%	0.0%	₹145.73 Cr	11.5%
HSBC Large Cap Fund Direct Growth Very High Risk	1.2%	1.0%	₹1685.72 Cr	7.2%
HSBC Global Emerging Markets Fund Direct Growth Very High Risk	1.6%	1.0%	₹36.97 Cr	9.0%
HSBC Brazil Fund Direct Growth Very High Risk	1.8%	1.0%	₹51.75 Cr	-5.3%
HSBC Medium to Long Duration Fund Direct Growth Moderate Risk	0.6%	0.0%	₹48.53 Cr	11.3%
HSBC Liquid Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹22155.95 Cr	7.4%
HSBC Flexi Cap Fund Direct Growth Very High Risk	1.2%	1.0%	₹4182.76 Cr	9.6%
HSBC Tax Saver Equity Fund Direct Growth Very High Risk	1.6%	0.0%	₹210.48 Cr	15.7%
HSBC Ultra Short Duration Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹2548.73 Cr	7.8%
HSBC CRISIL IBX 50:50 Gilt Plus SDL Apr 2028 Index Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹1893.92 Cr	9.9%
HSBC Small Cap Fund Direct Growth Very High Risk	0.7%	1.0%	₹13334.31 Cr	2.7%
HSBC Global Equity Climate Change Fund of Fund Direct Growth Very High Risk	0.8%	1.0%	₹56.45 Cr	-0.2%
HSBC Managed Solutions India Conservative Direct Growth Moderately High risk	0.3%	0.0%	₹19.31 Cr	9.0%
HSBC Managed Solutions India Moderate Direct Growth Very High Risk	1.0%	1.0%	₹53.54 Cr	8.8%
HSBC Managed Solutions India Growth Direct Growth Very High Risk	1.0%	1.0%	₹36.25 Cr	7.2%
HSBC CRISIL IBX Gilt June 2027 Index Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹197.85 Cr	9.4%
HSBC Arbitrage Fund Direct Growth Low Risk	0.2%	0.0%	₹2245.43 Cr	7.7%
HSBC Nifty Next 50 Index Fund Direct Growth Very High Risk	0.3%	1.0%	₹124.87 Cr	3.4%
HSBC Nifty 50 Index Fund Direct Growth Very High Risk	0.2%	1.0%	₹314.77 Cr	8.7%
HSBC Large & Mid Cap Fund Direct Growth Very High Risk	0.9%	1.0%	₹3471.91 Cr	7.0%
HSBC Multi Cap Fund Direct Growth Very High Risk	0.6%	1.0%	₹4276.29 Cr	7.7%
HSBC Asia Pacific (Ex Japan) Dividend Yield Fund Direct Growth Very High Risk	1.6%	1.0%	₹8.37 Cr	11.3%

Risk Level

Your principal amount will be at Very High Risk

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What is the current NAV of HSBC Multi Cap Fund Direct Growth?

The NAV of HSBC Multi Cap Fund Direct Growth, as of 17-Apr-2025, is ₹17.58.

What is the portfolio composition of HSBC Multi Cap Fund Direct Growth?

The fund's allocation of assets is distributed as 98.41% in equities, 0.00% in bonds, and 1.59% in cash and cash equivalents.

Who manages the HSBC Multi Cap Fund Direct Growth?

The fund managers responsible for HSBC Multi Cap Fund Direct Growth are:-

Mahesh Chhabria
Venugopal Manghat
Gautam Bhupal
Sonal Gupta

Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.

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Fund Overview

Fund Size

₹4,276 Cr

Expense Ratio

0.60%

ISIN

INF336L01QN5

Minimum SIP

₹1,000

Exit Load

1.00%

Inception Date

30 Jan 2023

Risk Level

Your principal amount will be at Very High Risk