HSBC Multi Cap Fund Direct - Growth

Q: What are the returns of HSBC Multi Cap Fund?

The HSBC Multi Cap Fund is a 2 yrs 3 m old fund and has delivered average annual returns of 30.44% since inception. HSBC Multi Cap Fund Returns 1-Year Since Inception 8.88% 30.44%

NAV as of Apr 23, 2025	Returns since inception	ET Money Rank	VRO Ratings
₹18.0763+0.51% 1 day change	30.44% p.a.	#NA View Ranked Funds	N.A.

Historical NAV & returns

NAV: ₹18.0763 as on Apr 23, 2025

This fund Category average

HSBC Multi Cap Fund overview

VRO rating	N.A.
Expense ratio	0.6% as on Mar 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 Crs
Lock-in	No Lockin
Age	2 yrs 3 m since Jan 10, 2023
Benchmark	Nifty 500 Multicap 50:25:25 TRI
Min. investment	SIP ₹500 & Lump. ₹5000
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, pay tax of 12.5% on returns of ₹1.25 lakh+ in a financial year

HSBC Multi Cap 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 Apr 10, 2025

Period	This fund	Category average
1 month	3.57%	2.97%
3 months	2.13%	2.69%
6 months	-3.7%	-3.22%
1 year	8.88%	10.08%

Asset allocationas on Mar 31, 2025

Large Cap 46.975567999999996%

Mid Cap 25.112044%

Small Cap 26.352388%

Other Cap 0.0%

Top holdings

HDFC Bank Ltd.4.27%

Bajaj Finance Ltd.3.0%

ICICI Bank Ltd.2.91%

Reliance Industries Ltd.2.3%

Top sectors

Financial 25.75%

Services 11.569999999999999%

Capital Goods 10.18%

Technology 8.73%

Credit quality

Bifurcation by Credit Quality is not available for this fund

Top Debt Holdings

Bifurcation by Holding is not available for this fund

Allocation by Instruments

Repo 1.27%

Net Current Assets 0.29%

Other Holdings

Others 0.29%

Peer comparison

Fund name	ETM Rank	AUM (in Crs.)	Fund age	Expense ratio
HSBC Multi Cap Fund	N.A.	₹4,276 Crs	2 yrs 3 m	0.6%
Nippon India Multi Cap Fund	N.A.	₹38,637 Crs	12 yrs 3 m	0.77%
Mahindra Manulife Multi Cap Fund	N.A.	₹4,883 Crs	8 yrs	0.43%
ICICI Prudential Multicap Fund	N.A.	₹13,938 Crs	12 yrs 3 m	0.99%
Baroda BNP Paribas Multi Cap Fund	N.A.	₹2,616 Crs	12 yrs 3 m	0.95%
Quant Active Fund	N.A.	₹9,389 Crs	12 yrs 3 m	0.57%

Fund name	1M	6M	1Y	3Y	5Y	10Y
HSBC Multi Cap Fund	3.57%	-3.7%	8.88%	N.A.	N.A.	N.A.
Nippon India Multi Cap Fund	2.78%	-3.84%	9.75%	24.56%	33.94%	15.34%
Mahindra Manulife Multi Cap Fund	4.47%	-2.79%	9.64%	19.53%	30.86%	14.49%
ICICI Prudential Multicap Fund	3.15%	-2.26%	11.16%	21.78%	29.38%	15.68%
Baroda BNP Paribas Multi Cap Fund	2.77%	-3.98%	9.83%	19.04%	28.83%	14.63%
Quant Active Fund	2.63%	-6.93%	-6.79%	13.99%	33.4%	18.36%

Fund name	Std. deviation	Beta	Sharpe	Sortino
HSBC Multi Cap Fund	N.A.	N.A.	N.A.	N.A.
Nippon India Multi Cap Fund	14.7	0.87	1.02	1.65
Mahindra Manulife Multi Cap Fund	16.08	0.96	0.71	1.03
ICICI Prudential Multicap Fund	13.88	0.84	0.92	1.67
Baroda BNP Paribas Multi Cap Fund	15.44	0.91	0.63	0.88
Quant Active Fund	17.89	1.05	0.4	0.61

View all Multi Cap 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 Cap Fund in detail with

About this fund

About HSBC Multi Cap Fund

HSBC Multi Cap Fund Direct - Growth is a Multi Cap mutual fund scheme from Hsbc Mutual Fund. This fund has been in existence for 2 yrs 3 m, having been launched on 10/01/2023. HSBC Multi Cap Fund Direct - Growth has ₹4,276 Crores worth of assets under management (AUM) as on 31/03/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of HSBC Multi Cap Fund Direct - Growth as of 23/04/2025 is ₹18.08. The fund has an expense ratio of 0.6%, which is close to what most other Multi Cap funds charge.

HSBC Multi Cap Fund Direct - Growth returns of last 1-year are 9.60%. Since launch, it has delivered 30.40% average annual returns.
The fund has the majority of its money invested in Financial, Services, Capital Goods, Technology, Healthcare sectors. It has taken less exposure in Financial, Services sectors compared to other funds in the category.
The fund's top 5 holdings are in HDFC Bank Ltd., Bajaj Finance Ltd., ICICI Bank Ltd., Reliance Industries Ltd., NTPC Ltd..

...

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

Fund managers

Venugopal Manghat

Mr. Manghat is a B.Sc (Mathematics) and MBA (Finance). Prior to joining HSBC Mutual Fund, he has worked with L&T Mutual Fund, Tata Asset Management Ltd.

Gautam Bhupal

Mr. Bhupal holds a PGDBM and is a CA, CS and B.Com (Hons) Prior to joining HSBC Mutual Fund he was working with IDFC Asset Management Company Ltd., Motilal Oswal Securities Ltd., Infosys Ltd., Vickers Ballas Securities Ltd., SBC Warburg, UTI Securities Ltd.

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.

Investment objective

The scheme seeks to generate long-term capital growth from an actively managed portfolio of equity and equity related securities across market capitalization.

HSBC Mutual Fund details

No. of schemes	42 view all schemes
Total AUM	₹1,24,514 Crs as on Mar 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 (in Crs.)	1Y	5Y
HSBC Small Cap Fund	N.A.	₹14,493 Crs	3.48%	37.6%
HSBC Infrastructure Fund	N.A.	₹2,229 Crs	5.37%	33.18%
HSBC Value Fund	N.A.	₹12,600 Crs	10.95%	32.1%
HSBC Business Cycles Fund	N.A.	₹967 Crs	12.74%	30.37%
HSBC Midcap Fund	N.A.	₹10,362 Crs	10.14%	28.75%
HSBC Large and Mid Cap Fund	N.A.	₹3,769 Crs	8.12%	26.65%

See all Equity funds from this AMC

Frequently asked questions

What is the current NAV of HSBC Multi Cap Fund?

The current Net Asset Value (NAV) of the HSBC Multi Cap Fund - Direct Growth plan is approximately ₹18.0763 as of Apr 23, 2025.

What are the returns of this mutual fund scheme?

The HSBC Multi Cap Fund is a 2 yrs 3 m old fund and has delivered average annual returns of 30.44% since inception.

HSBC Multi Cap Fund Returns

1-Year	Since Inception
8.88%	30.44%

How much does this mutual fund charge as expense ratio?

The HSBC Multi Cap Fund - Direct Growth has an expense ratio of 0.6%, which reflects the fund's management and operating costs. This percentage is subtracted from the fund's annual returns, impacting net returns for investors.

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

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

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

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.	4.27%
Bajaj Finance Ltd.	3.0%
ICICI Bank Ltd.	2.91%
Reliance Industries Ltd.	2.3%
NTPC Ltd.	2.07%
Larsen & Toubro Ltd.	1.99%
Kotak Mahindra Bank Ltd.	1.98%
The Federal Bank Ltd.	1.94%
Jubilant FoodWorks Ltd.	1.86%
Shriram Finance Ltd	1.82%

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

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

Sector	Percentage of Portfolio
Financial	25.75%
Services	11.569999999999999%
Capital Goods	10.18%
Technology	8.73%
Healthcare	7.76%
Construction	6.69%
Consumer Staples	6.290000000000001%
Automobile	4.74%
Energy	4.369999999999999%
Chemicals	3.0500000000000003%

What is risk level of HSBC Multi Cap Fund?

This is a Multi Cap 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 do I invest in HSBC Multi Cap Fund?

It is very fast, easy, and completely paperless in this mutual fund scheme on ET Money. It is just a matter of a few minutes. Here's how:

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 and choose the investment mode (Lump sum investment or a SIP). Then, enter your investment amount.
Fill in additional required details, including the bank account you'll use for payment, and confirm.

All set! Your investment in HSBC Multi Cap Fund is complete.

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

Redeeming your investments in HSBC Multi Cap Fund is super easy. If you have invested in this fund via ET Money, just login into the app, go to the investment section and put the redemption request.

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

ET Money rank

in Multi Cap

#NA

Return Outperformance: This fund has generated highest return amongst Multi Cap funds in the last 2 Years.
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.