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

The HSBC Multi Cap Fund Direct - Growth is a 2 yrs 8 m old fund and has delivered average annual returns of 27.44% since inception. HSBC Multi Cap Fund Direct - Growth Returns 1-Year Since Inception -3.5% 27.44%

Question 1

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

Accepted Answer

The current Net Asset Value (NAV) of the HSBC Multi Cap Fund - Direct Growth plan is approximately ₹19.0784 as of Sep 29, 2025.

Question 2

What are the returns of this mutual fund scheme?

Accepted Answer

The HSBC Multi Cap Fund Direct - Growth is a 2 yrs 8 m old fund and has delivered average annual returns of 27.44% since inception.

HSBC Multi Cap Fund Direct - Growth Returns

1-Year	Since Inception
-3.5%	27.44%

Question 3

How much does this mutual fund charge as expense ratio?

Accepted Answer

The HSBC Multi Cap Fund - Direct Growth has an expense ratio of 0.84%, 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.

Question 4

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

Accepted Answer

The HSBC Multi Cap Fund currently has assets under management (AUM) or fund size valued at approximately 4,276 Cr as on Mar 31, 2025.

Question 5

What are the top stock holdings of HSBC Multi Cap Fund?

Accepted Answer

The HSBC Multi Cap Fund has invested the majority of its money in the stocks of the following companies -

Company	Percentage of Portfolio
HDFC Bank Ltd.	4.11%
Reliance Industries Ltd.	2.9%
ICICI Bank Ltd.	2.61%
Eternal Ltd.	2.35%
State Bank of India	2.15%
Multi Commodity Exchange Of India Ltd.	2.13%
Nippon Life India Asset Management Ltd.	1.97%
Lemon Tree Hotels Ltd.	1.82%
GE Vernova T&D India Ltd.	1.81%
Mahindra & Mahindra Ltd.	1.8%

Question 6

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

Accepted Answer

The HSBC Multi Cap Fund has primarily invested in the following sectors

Company	Percentage of Portfolio
HDFC Bank Ltd.	4.11%
Reliance Industries Ltd.	2.9%
ICICI Bank Ltd.	2.61%
Eternal Ltd.	2.35%
State Bank of India	2.15%
Multi Commodity Exchange Of India Ltd.	2.13%
Nippon Life India Asset Management Ltd.	1.97%
Lemon Tree Hotels Ltd.	1.82%
GE Vernova T&D India Ltd.	1.81%
Mahindra & Mahindra Ltd.	1.8%

Question 7

What is risk level of HSBC Multi Cap Fund?

Accepted Answer

This is a Multi Cap fund comes with Very High risk.

Question 8

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

Accepted Answer

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

Question 9

How do I invest in HSBC Multi Cap Fund Direct - Growth?

Accepted Answer

It is very fast, easy, and completely paperless in this mutual fund scheme on ET Money. The whole process takes just a few minutes. Here's how it works:

For the Desktop Version:

Click on the "Invest Now" button at the top right, then scan the QR code to download the app.

For the Mobile Version:

Click on the "Invest on App" button at the bottom to download the app.
Once the app is downloaded:
Sign-up and complete your one time KYC process, or log in if you're already registered.
Search for HSBC Multi Cap Fund - Direct Growth, select your investment mode (lump sum or SIP), and enter the investment amount.
Provide the required details, including the bank account you'll use for payment, and confirm your investment.

That's it. Your investment in the HSBC Multi Cap Fund is complete.

Question 10

How can I redeem my investments in HSBC Multi Cap Fund?

Accepted Answer

Redeeming your investments in the HSBC Multi Cap 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.

Expense ratio	0.84% as on Aug 31, 2025
Exit load	1.0% Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 1 year.!
AUM (Fund size)	₹4,276 Cr
Lock-in Period	Nil
Age	2 yrs 8 m since Jan 10, 2023
Benchmark	Nifty 500 Multicap 50:25:25 TRI
Min. investment	This scheme is currently not buyable
Risk	Very High
Short term capital gains (STCG)	Returns taxed at 20% if you redeem before 1 year
Long term capital gains (LTCG)	After 1 year, returns above ₹1.25 lakh in a financial year are taxed at 12.5%

Period	This fund	Category average
1 Month	-0.49%	-0.17%
3 Months	-1.69%	-2.43%
6 Months	10.8%	9.01%
1 Year	-3.5%	-3.77%
2 Years	21.72%	18.57%

Fund name	1M	6M	1Y	3Y	5Y	10Y
HSBC Multi Cap Fund	-0.49%	10.8%	-3.5%	N.A.	N.A.	N.A.
Nippon India Multi Cap Fund	-0.46%	10.77%	-2.22%	23.13%	31.22%	15.95%
ICICI Prudential Multicap Fund	-0.68%	6.14%	-5.48%	20.86%	25.36%	15.52%
Mahindra Manulife Multi Cap Fund	-0.25%	8.74%	-5.33%	20.72%	26.9%	14.89%
Baroda BNP Paribas Multi Cap Fund	-1.0%	6.98%	-5.22%	20.06%	24.91%	15.0%
ITI Multi Cap Fund	-0.63%	10.53%	-7.21%	21.1%	21.57%	10.03%

Fund name	Std. deviation	Beta	Sharpe	Sortino
HSBC Multi Cap Fund	N.A.	N.A.	N.A.	N.A.
Nippon India Multi Cap Fund	13.03	0.84	1.21	1.76
ICICI Prudential Multicap Fund	12.61	0.83	1.03	1.76
Mahindra Manulife Multi Cap Fund	14.73	0.96	0.9	1.27
Baroda BNP Paribas Multi Cap Fund	13.63	0.88	0.92	1.13
ITI Multi Cap Fund	15.04	1.0	0.9	1.17

Fund name	ETM Rank	AUM	Fund age	Expense ratio
HSBC Multi Cap Fund	N.A.	4,276 Cr	2 yrs 8 m	0.84%
Nippon India Multi Cap Fund	N.A.	40,261 Cr	12 yrs 8 m	0.73%
ICICI Prudential Multicap Fund	N.A.	15,281 Cr	12 yrs 8 m	0.94%
Mahindra Manulife Multi Cap Fund	N.A.	5,622 Cr	8 yrs 5 m	0.42%
Baroda BNP Paribas Multi Cap Fund	N.A.	2,923 Cr	12 yrs 8 m	0.94%
ITI Multi Cap Fund	N.A.	1,261 Cr	6 yrs 5 m	0.66%

HSBC Multi Cap Fund Direct - Growth

Historical NAV & returns

HSBC Multi Cap Fund overview

HSBC Multi Cap Fund Returns calculator

Trailing returns as on Sep 22, 2025

Asset allocationas on Mar 31, 2025

Peer comparison

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

Compare HSBC Multi Cap Fund in detail with

About this fund

About HSBC Multi Cap Fund

Fund managers

Investment objective

HSBC Mutual Fund details

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Frequently asked questions

HSBC Multi Cap Fund Direct - Growth Returns

ET Money rank

Fund AUM	4,276 Cr as on Mar 31, 2025
Scheme document	View Scheme Document

No. of schemes	44 view all schemes
Total AUM	1,29,985 Cr as on Jun 30, 2025
Address	9-11th Floor, NESCO - IT Park Bldg. 3, Western Express Highway, Goregaon East, Mumbai, 400063

Fund name	ETM Rank	AUM	1Y	5Y
HSBC Infrastructure Fund	N.A.	2,229 Cr	-10.0%	30.67%
HSBC Small Cap Fund	N.A.	14,493 Cr	-10.66%	30.36%
HSBC Value Fund	N.A.	12,600 Cr	-3.22%	26.62%
HSBC Business Cycles Fund	N.A.	967 Cr	-4.69%	25.58%
HSBC Midcap Fund	N.A.	11,470 Cr	-2.98%	24.42%
HSBC Large and Mid Cap Fund	N.A.	3,769 Cr	-3.26%	23.69%

Sector	Percentage of Portfolio
Financial	23.52%
Capital Goods	12.260000000000002%
Services	12.03%
Consumer Staples	8.700000000000001%
Healthcare	7.739999999999998%
Automobile	7.119999999999999%
Construction	6.550000000000001%
Technology	6.550000000000001%
Energy	3.34%
Materials	3.04%