HSBC Multi Cap Fund

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

The HSBC Multi Cap Fund is a 2 yrs 9 m old fund and has delivered average annual returns of 26.68% since inception. HSBC Multi Cap Fund Returns 1-Year Since Inception 5.76% 26.68%

Q: How much does this mutual fund charge as expense ratio?

The HSBC Multi Cap Fund has an expense ratio of 1.84% , 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.

NAV as of Oct 20, 2025	Returns since inception	ET Money Rank	AUM (Fund size)
₹19.1187+0.34% 1 day change	26.68% p.a.	App exclusive #NA View Ranked Funds	₹5,033 Cr

Historical NAV & returns

NAV: ₹19.1187 as on Oct 20, 2025

This fund Category average

HSBC Multi Cap Fund overview

AUM (Fund size)	₹5,033 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	2 yrs 9 m since Jan 10, 2023
Benchmark	Nifty 500 Multicap 50:25:25 TRI
Min. investment	SIP: ₹1000 & Lumpsum: ₹5000
Expense ratio	1.84% as on Sep 30, 2025
Plan type	Regular
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%

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 Oct 24, 2025

Period	This fund	Category average
1 Month	2.03%	2.26%
3 Months	3.48%	2.68%
6 Months	11.4%	10.33%
1 Year	5.76%	5.77%
2 Years	24.73%	21.4%

View returns in detail

Asset allocationas on Sep 30, 2025

Large Cap 44.49%

Mid Cap 28.72%

Small Cap 25.52%

Other Cap 0%

Top holdings

HDFC Bank Ltd.4.04%

Reliance Industries Ltd.2.86%

State Bank of India2.55%

ICICI Bank Ltd.2.47%

Top sectors

Financial 23.749999999999996%

Capital Goods 12.71%

Services 12.080000000000002%

Consumer Staples 8.32%

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 1.72%

Other Holdings

Others 1.72%

Detailed portfolio analysis

Peer comparison

Fund name	1M	6M	1Y	3Y	5Y	10Y
HSBC Multi Cap Fund	2.03%	11.4%	5.76%	N.A.	N.A.	N.A.
Nippon India Multi Cap Fund	1.39%	11.11%	5.84%	22.66%	30.37%	15.12%
ICICI Prudential Multicap Fund	1.92%	7.04%	3.67%	20.41%	24.46%	14.53%
Baroda BNP Paribas Multi Cap Fund	2.56%	9.07%	3.47%	19.56%	23.88%	14.32%
Mahindra Manulife Multi Cap Fund	2.52%	9.82%	5.15%	19.64%	25.36%	13.66%
ITI Multi Cap Fund	1.83%	10.19%	2.6%	19.32%	19.09%	9.02%

Fund name	Std. deviation	Beta	Sharpe	Sortino
HSBC Multi Cap Fund	N.A.	N.A.	N.A.	N.A.
Nippon India Multi Cap Fund	13.05	0.86	1.12	1.68
ICICI Prudential Multicap Fund	12.51	0.83	1.02	1.68
Baroda BNP Paribas Multi Cap Fund	13.53	0.89	0.88	1.07
Mahindra Manulife Multi Cap Fund	14.66	0.97	0.83	1.15
ITI Multi Cap Fund	14.96	1.0	0.81	1.04

Fund name	ETM Rank	AUM	Fund age	Expense ratio
HSBC Multi Cap Fund	N.A.	5,033 Cr	2 yrs 9 m	1.84%
Nippon India Multi Cap Fund	N.A.	47,294 Cr	20 yrs 8 m	1.51%
ICICI Prudential Multicap Fund	N.A.	15,443 Cr	31 yrs 2 m	1.74%
Baroda BNP Paribas Multi Cap Fund	N.A.	2,956 Cr	22 yrs 2 m	1.98%
Mahindra Manulife Multi Cap Fund	N.A.	5,720 Cr	8 yrs 6 m	1.78%
ITI Multi Cap Fund	N.A.	1,268 Cr	6 yrs 6 m	2.05%

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 is a Multi Cap mutual fund scheme from Hsbc Mutual Fund. This fund has been in existence for 2 yrs 9 m, having been launched on 10/01/2023. HSBC Multi Cap Fund has ₹5,033 Crores worth of assets under management (AUM) as on 30/09/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of HSBC Multi Cap Fund as of 20/10/2025 is ₹19.12. The fund has an expense ratio of 1.84%, which is higher than what most other Multi Cap funds charge.

HSBC Multi Cap Fund returns of last 1-year are 0.29%. Since launch, it has delivered 26.87% average annual returns.
The fund has the majority of its money invested in Financial, Capital Goods, Services, Consumer Staples, Automobile sectors. It has taken less exposure in Financial, Capital Goods sectors compared to other funds in the category.
The fund's top 5 holdings are in HDFC Bank Ltd., Reliance Industries Ltd., State Bank of India, ICICI Bank Ltd., Eternal Ltd..

...

Fund AUM	5,033 Cr as on Sep 30, 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.

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	44 view all schemes
Total AUM	1,36,405 Cr as on Sep 30, 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 Small Cap Fund	N.A.	16,041 Cr	-2.96%	29.92%
HSBC Infrastructure Fund	N.A.	2,315 Cr	-1.1%	29.63%
HSBC Value Fund	N.A.	13,712 Cr	6.77%	26.08%
HSBC Business Cycles Fund	N.A.	1,117 Cr	2.39%	24.83%
HSBC Midcap Fund	N.A.	11,937 Cr	4.74%	24.09%
HSBC Large and Mid Cap Fund	N.A.	4,417 Cr	5.53%	22.34%

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 plan is approximately ₹19.1187 as of Oct 20, 2025.

What are the returns of this mutual fund scheme?

The HSBC Multi Cap Fund is a 2 yrs 9 m old fund and has delivered average annual returns of 26.68% since inception.

HSBC Multi Cap Fund Returns

1-Year	Since Inception
5.76%	26.68%

How much does this mutual fund charge as expense ratio?

The HSBC Multi Cap Fund has an expense ratio of 1.84%, 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.

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 5,033 Cr as on Sep 30, 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.	4.04%
Reliance Industries Ltd.	2.86%
State Bank of India	2.55%
ICICI Bank Ltd.	2.47%
Eternal Ltd.	2.39%
Multi Commodity Exchange Of India Ltd.	2.21%
Nippon Life India Asset Management Ltd.	2.14%
GE Vernova T&D India Ltd	1.9%
Mahindra & Mahindra Ltd.	1.9%
TD Power Systems Ltd.	1.87%

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	23.749999999999996%
Capital Goods	12.71%
Services	12.080000000000002%
Consumer Staples	8.32%
Automobile	8.02%
Healthcare	7.789999999999999%
Construction	6.39%
Technology	5.92%
Energy	3.31%
Materials	2.8499999999999996%

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 can I redeem my investments in HSBC Multi Cap Fund?

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.

ET Money rank

App exclusive

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.