HSBC Multi Asset Allocation Fund

Q: What are the returns of this mutual fund scheme?

The HSBC Multi Asset Allocation Fund is a 1 yrs 11 m old fund and has delivered average annual returns of 14.9% since inception. HSBC Multi Asset Allocation Fund Returns 1-Year Since Inception 19.51% 14.9%

NAV as of Feb 02, 2026	Returns since inception	ET Money Rank	AUM (Fund size)
₹13.1051-3.77% 1 day change	14.9% p.a.	App exclusive #NA View Ranked Funds	₹2,537 Cr

Historical NAV & returns

NAV: ₹13.1051 as on Feb 02, 2026

This fund Category average

HSBC Multi Asset Allocation Fund overview

AUM (Fund size)	₹2,537 Cr
Exit load	1.0% Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 1 year.!
Lock-in Period	Nil
Age	1 yrs 11 m since Feb 08, 2024
Benchmark	NA
Min. investment	SIP: ₹1000 & Lumpsum: ₹5000
Expense ratio	1.8% as on Feb 02, 2026
Plan type	Regular
Risk	Very High

HSBC Multi Asset Allocation Fund Returns calculator

Investment type

Monthly investment

₹ 10,000

Investment period

Lumpsum investment

₹1 lakh

Investment period

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.

Total investment ₹ 12 lakh
Profit ₹12 lakhs
Total corpus ₹1 lakh
Absolute return 52.69%

Trailing returns as on Feb 03, 2026

Period	This fund	Category average
1 Month	-1.09%	-1.28%
3 Months	2.14%	1.97%
6 Months	8.67%	7.46%
1 Year	19.51%	15.15%

Asset allocationas on Dec 31, 2025

Large Cap 42.21%

Mid Cap 22.58%

Small Cap 4.04%

Other Cap 0%

Top holdings

Eternal Ltd.5.24%

Bharti Airtel Ltd.4.63%

HDFC Bank Ltd.4.46%

Larsen & Toubro Ltd.4.27%

Top sectors

Financial 13.789999999999997%

Services 11.48%

Capital Goods 9.08%

Consumer Discretionary 7.15%

AAA 7.95%

SOV 2.71%

Cash & Call Money 1.95%

A1+ 0.58%

Top Debt Holdings

GOI 2.71%

Power Finance Corporation Ltd. 1.41%

National Bank For Agriculture & Rural Development 1.06%

REC Ltd. 1.05%

Allocation by Instruments

Mutual Fund 18.0%

Debenture 5.1000000000000005%

GOI Securities 2.71%

Repo 2.29%

Other Holdings

Nippon India Silver ETF - Growth 4.36%

HDFC Gold ETF 3.09%

SBI Gold ETF 2.93%

ICICI Prudential Silver ETF - Growth 2.7%

Detailed portfolio analysis

Peer comparison

Fund name	1M	6M	1Y	3Y	5Y	10Y
HSBC Multi Asset Allocation Fund	-1.09%	8.67%	19.51%	N.A.	N.A.	N.A.
Kotak Multi Asset Omni FoF	-2.32%	8.57%	15.67%	18.57%	17.86%	15.67%
ICICI Prudential Multi Asset Fund	-2.24%	7.19%	13.88%	18.83%	20.12%	16.92%
ICICI Prudential Dynamic Asset Allocation Active FoF	-2.12%	1.91%	8.8%	13.07%	12.16%	12.75%
Nippon India Multi Asset Allocation Fund	-0.67%	10.8%	21.44%	20.35%	16.22%	9.24%
SBI Multi Asset Allocation Fund	-0.54%	10.45%	18.95%	18.98%	14.67%	11.85%

Fund name	Std. deviation	Beta	Sharpe	Sortino
HSBC Multi Asset Allocation Fund	N.A.	N.A.	N.A.	N.A.
Kotak Multi Asset Omni FoF	7.92	0.88	1.66	2.01
ICICI Prudential Multi Asset Fund	6.64	0.7	1.82	2.76
ICICI Prudential Dynamic Asset Allocation Active FoF	5.32	0.54	1.25	1.78
Nippon India Multi Asset Allocation Fund	7.41	0.81	1.91	2.71
SBI Multi Asset Allocation Fund	6.48	0.69	1.9	3.06

Fund name	ETM Rank	AUM	Fund age	Expense ratio
HSBC Multi Asset Allocation Fund	N.A.	2,537 Cr	1 yrs 11 m	1.8%
Kotak Multi Asset Omni FoF	N.A.	2,255 Cr	21 yrs 7 m	1.07%
ICICI Prudential Multi Asset Fund	N.A.	78,179 Cr	23 yrs 3 m	1.32%
ICICI Prudential Dynamic Asset Allocation Active FoF	N.A.	29,170 Cr	22 yrs 2 m	1.3%
Nippon India Multi Asset Allocation Fund	N.A.	10,661 Cr	5 yrs 5 m	1.36%
SBI Multi Asset Allocation Fund	N.A.	13,033 Cr	20 yrs 2 m	1.38%

View all Multi Asset Allocation funds

Key risk & return ratios Compared to other funds in the category

Risk ratios are based on three-year data. The required data is unavailable for the scheme.

Compare HSBC Multi Asset Allocation Fund in detail with

About this fund

About HSBC Multi Asset Allocation Fund

HSBC Multi Asset Allocation Fund is a Multi Asset Allocation mutual fund scheme from Hsbc Mutual Fund. This fund has been in existence for 1 yrs 11 m, having been launched on 08/02/2024. HSBC Multi Asset Allocation Fund has ₹2,537 Crores worth of assets under management (AUM) as on 31/12/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of HSBC Multi Asset Allocation Fund as of 02/02/2026 is ₹13.11. The fund has an expense ratio of 1.8%, which is higher than what most other Multi Asset Allocation funds charge. Currently, the fund has a 68.83% allocation to equity and 11.24% to Debt.

HSBC Multi Asset Allocation Fund returns of last 1-year are 18.59%. Since launch, it has delivered 15.03% average annual returns.
The fund's equity portion is primarily invested in Unclassified, Financial, Services, Capital Goods, Consumer Discretionary sectors. It has taken less exposure in Unclassified, Financial sectors compared to other funds in the category.
The debt portion of the fund has low credit quality indicating the quality of borrowers it has lent it to is not too great.
The fund's top 5 holdings are in Eternal Ltd., Bharti Airtel Ltd., HDFC Bank Ltd., Nippon India Silver ETF - Growth, Larsen & Toubro Ltd..

...

Fund AUM	2,537 Cr as on Dec 31, 2025
Scheme document	View Scheme Document

Fund managers

Mahesh A Chhabria

Mr. Chhabria is a Commerce Graduate and has also pursued FCA and CFA. Prior to joining HSBC MF, he has worked with L&T AMC, Edelweiss Securities Ltd, Darivium Traditions Pvt. Ltd. and FIL Fund Management Pvt. Ltd.

Cheenu Gupta

Ms. Gupta is CFA Charter holder (USA), PGDBM (Finance) & B.E. (I.T) Prior to joining HSBC Mutual Fund, she has worked with L&T Mutual Fund, Canara Robeco Mutual Fund, Tata AIA Life Insurance Company as Fund Manager, ING Investment Management as Senior Research Analyst and UTI AMC Ltd. as Research Analyst.

Dipan S. Parikh

Mr. Parikh has done B.Com He has been working with HSBC Mutual Fund since 2006

Asif Rizwi

Mr. Rizwi has done B.Tech and PGDM from IIM-C Prior to joining HSBC MF, he has worked with L&T MF, Yes Bank, ICICI Bank, Nomura International plc and Deutsche Bank

Investment objective

The scheme seeks to generate long-term capital growth and generate income by investing in Equity & Equity Related instruments, Debt & Money Market Securities and Gold / Silver ETFs.

HSBC Mutual Fund details

No. of schemes	44 view all schemes
Total AUM	1,39,633 Cr as on Dec 31, 2025
Address	9-11th Floor, NESCO - IT Park Bldg. 3, Western Express Highway, Goregaon East, Mumbai, 400063

More funds from HSBC Mutual Fund

Fund name	ETM Rank	AUM	1Y	5Y
HSBC Multi Asset Active FoF	N.A.	78 Cr	16.73%	12.81%
HSBC Aggressive Hybrid Active FoF	N.A.	45 Cr	4.83%	11.78%
HSBC Aggressive Hybrid Fund	N.A.	5,569 Cr	7.83%	11.33%
HSBC Equity Savings Fund	N.A.	786 Cr	7.24%	10.79%
HSBC Balanced Advantage Fund	N.A.	1,581 Cr	3.98%	8.42%
HSBC Conservative Hybrid Fund	N.A.	146 Cr	3.88%	7.11%

See all Hybrid funds from this AMC

Frequently asked questions

What is the current NAV of HSBC Multi Asset Allocation Fund?

The current Net Asset Value (NAV) of the HSBC Multi Asset Allocation Fund plan is approximately ₹13.1051 as of Feb 02, 2026.

What are the returns of this mutual fund scheme?

The HSBC Multi Asset Allocation Fund is a 1 yrs 11 m old fund and has delivered average annual returns of 14.9% since inception.

HSBC Multi Asset Allocation Fund Returns

1-Year	Since Inception
19.51%	14.9%

How much does this mutual fund charge as expense ratio?

The HSBC Multi Asset Allocation Fund has an expense ratio of 1.8%, representing the annual cost of managing and operating the fund. This fee is deducted from the fund's AUM while declaring the daily NAV, reducing investor returns.

What is the AUM or fund size of this mutual fund?

The HSBC Multi Asset Allocation Fund currently has assets under management (AUM) or fund size valued at approximately 2,537 Cr as on Dec 31, 2025.

What are the top stock holdings of HSBC Multi Asset Allocation Fund?

The HSBC Multi Asset Allocation Fund's equity portion has been invested in the stocks of the following companies

Company	Percentage of Portfolio
Eternal Ltd.	5.24%
Bharti Airtel Ltd.	4.63%
HDFC Bank Ltd.	4.46%
Larsen & Toubro Ltd.	4.27%
Titan Company Ltd.	3.07%
GE Vernova T&D India Ltd	3.02%
FSN E-Commerce Ventures Ltd.	2.94%
ITC Ltd.	2.85%
Ashok Leyland Ltd.	2.78%
Lenskart Solutions Ltd.	2.52%

What are the top sectors HSBC Multi Asset Allocation Fund has invested in?

The HSBC Multi Asset Allocation Fund's equity portion is primarily invested in the following sectors -

Sector	Percentage of Portfolio
Financial	13.789999999999997%
Services	11.48%
Capital Goods	9.08%
Consumer Discretionary	7.15%
Automobile	5.5600000000000005%
Communication	4.63%
Construction	4.27%
Consumer Staples	4.0200000000000005%
Technology	2.2399999999999998%
Energy	2.09%

To whom does HSBC Multi Asset Allocation Fund lend to?

The top 3 debt holdings of HSBC Multi Asset Allocation Fund are as follows

Holding Name	Percentage of Portfolio
GOI	2.71%
Power Finance Corporation Ltd.	1.41%
National Bank For Agriculture & Rural Development	1.06%

What is the quality of borrowers this mutual fund scheme lends to?

The credit rating of the instruments in which the fund invests represents the quality of the borrower.

The HSBC Multi Asset Allocation Fund's debt portion's allocation by credit quality is given below

Credit Quality	Percentage of Portfolio
AAA	7.95%
SOV	2.71%
Cash & Call Money	1.95%

What is risk level of HSBC Multi Asset Allocation Fund?

This is a Multi Asset Allocation fund comes with Very High risk.

Is there any lock-in period in this mutual fund?

No, this fund does not have any lock-in period.

How can I redeem my investments in HSBC Multi Asset Allocation Fund?

Redeeming your investments in the HSBC Multi Asset Allocation Fund is simple. If you have invested via ET Money, just log in to the app, go to the holdings section, and submit the redemption request.

If you have invested from anywhere else, you can go to the fund house website and put a request through it.

ET Money rank

App exclusive

in Multi Asset Allocation

#NA

Return Outperformance: This fund has generated highest return amongst Multi Asset Allocation funds in the last 1 Year.
Return/Risk: The fund is performing poorly than its category.
Exit Load: Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 1 year.