HSBC Small Cap Fund Direct-Growth

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

The HSBC Small Cap Fund is a 11 yrs 1 m old fund and has delivered average annual returns of 21.95% since inception. HSBC Small Cap Fund Returns 1-Year 3-Year 5-Year 10-Year Since Inception 4.96% 25.3% 36.79% 20.67% 21.95%

NAV as of Jun 05, 2025	Returns since inception	ET Money Rank	AUM (Fund size)
₹90.2183+0.66% 1 day change	21.95% p.a.	#NA View Ranked Funds	₹14,493 Crs

Historical NAV & returns

NAV: ₹90.2183 as on Jun 05, 2025

This fund Category average

HSBC Small Cap Fund overview

Expense ratio	0.63% as on May 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)	₹14,493 Crs
Lock-in	No Lockin
Age	11 yrs 1 m since Apr 22, 2014
Benchmark	NIFTY Smallcap 250 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 Small 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 Jun 06, 2025

Period	This fund	Category average
1 Month	12.5%	10.8%
3 Months	16.07%	15.19%
6 Months	-10.5%	-6.14%
1 Year	4.96%	10.74%
2 Years	25.55%	26.3%
3 Years	25.3%	25.08%
4 Years	23.79%	22.11%
5 Years	36.79%	35.61%
7 Years	18.8%	19.69%
10 Years	20.67%	18.9%

View returns in detail

Asset allocationas on Mar 31, 2025

Large Cap 2.174072%

Mid Cap 19.313630999999997%

Small Cap 72.23166799999998%

Other Cap 0.009370999999991476%

Top holdings

Neuland Laboratories Ltd.2.34%

Aditya Birla Real Estate Ltd.2.16%

K.P.R. Mill Ltd.2.15%

The Federal Bank Ltd.2.07%

Top sectors

Capital Goods 15.299999999999999%

Financial 12.920000000000002%

Services 9.34%

Construction 8.370000000000001%

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 6.38%

Other Holdings

Others 6.38%

Detailed portfolio analysis

Peer comparison

Fund name	ETM Rank	AUM (in Crs.)	Fund age	Expense ratio
HSBC Small Cap Fund	N.A.	₹14,493 Crs	11 yrs 1 m	0.63%
Nippon India Small Cap Fund	N.A.	₹58,029 Crs	12 yrs 5 m	0.65%
Tata Small Cap Fund	N.A.	₹9,418 Crs	6 yrs 7 m	0.34%
Quant Small Cap Fund	N.A.	₹26,222 Crs	12 yrs 5 m	0.66%
Bandhan Small Cap Fund	N.A.	₹9,516 Crs	5 yrs 4 m	0.39%
Invesco India Smallcap Fund	N.A.	₹6,822 Crs	6 yrs 7 m	0.44%

Fund name	1M	6M	1Y	3Y	5Y	10Y
HSBC Small Cap Fund	12.5%	-10.5%	4.96%	25.3%	36.79%	20.67%
Nippon India Small Cap Fund	10.2%	-6.8%	7.74%	28.91%	39.4%	23.26%
Tata Small Cap Fund	10.27%	-8.77%	11.25%	26.65%	35.81%	15.99%
Quant Small Cap Fund	7.18%	-7.45%	0.85%	29.04%	48.62%	20.46%
Bandhan Small Cap Fund	12.6%	-4.36%	23.11%	34.62%	38.1%	17.5%
Invesco India Smallcap Fund	11.34%	-5.12%	17.73%	30.6%	35.51%	16.27%

Fund name	Std. deviation	Beta	Sharpe	Sortino
HSBC Small Cap Fund	18.42	0.9	0.96	1.23
Nippon India Small Cap Fund	16.87	0.84	1.2	1.66
Tata Small Cap Fund	16.39	0.78	1.16	1.6
Quant Small Cap Fund	17.99	0.87	1.16	1.76
Bandhan Small Cap Fund	18.21	0.9	1.37	2.14
Invesco India Smallcap Fund	16.68	0.8	1.27	1.53

View all Small Cap funds

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

Alpha	1.19 vs. 6.5 Underperformed at beating benchmark
Sharpe	0.96 vs. 7.81 Poor risk-adjusted returns
Beta	0.9 vs. 0.88 More sensitive to market's ups & downs
Standard deviation	18.42 vs. 13.09 More volatile performance

Compare HSBC Small Cap Fund in detail with

About this fund

About HSBC Small Cap Fund

HSBC Small Cap Fund Direct-Growth is a Small Cap mutual fund scheme from Hsbc Mutual Fund. This fund has been in existence for 11 yrs 1 m, having been launched on 22/04/2014. HSBC Small Cap Fund Direct-Growth has ₹14,493 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 Small Cap Fund Direct-Growth as of 05/06/2025 is ₹90.22. The fund has an expense ratio of 0.63%, which is close to what most other Small Cap funds charge.

HSBC Small Cap Fund Direct-Growth returns of last 1-year are 8.56%. Since launch, it has delivered 21.16% average annual returns. The fund has doubled the money invested in it every 3 yrs.
HSBC Small Cap Fund Direct-Growth scheme's ability to deliver returns consistently is in-line with most funds of its category. Its ability to control losses in a falling market is below average.
The fund has the majority of its money invested in Capital Goods, Financial, Services, Construction, Healthcare sectors. It has taken less exposure in Capital Goods, Financial sectors compared to other funds in the category.
The fund's top 5 holdings are in Neuland Laboratories Ltd., Aditya Birla Real Estate Ltd., K.P.R. Mill Ltd., The Federal Bank Ltd., Time Technoplast Ltd..

...

Fund AUM	₹14,493 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.

Investment objective

The Scheme will primarily be a diversified equity fund which will invest predominantly in small cap stocks to generate long term capital appreciation.

HSBC Mutual Fund details

No. of schemes	38 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 Infrastructure Fund	N.A.	₹2,229 Crs	1.48%	32.33%
HSBC Value Fund	N.A.	₹12,600 Crs	8.65%	30.72%
HSBC Business Cycles Fund	N.A.	₹967 Crs	12.96%	29.56%
HSBC Midcap Fund	N.A.	₹10,362 Crs	11.0%	28.42%
HSBC Large and Mid Cap Fund	N.A.	₹3,769 Crs	8.8%	26.01%

See all Equity funds from this AMC

Frequently asked questions

What is the current NAV of HSBC Small Cap Fund?

The current Net Asset Value (NAV) of the HSBC Small Cap Fund - Direct Growth plan is approximately ₹90.2183 as of Jun 05, 2025.

What are the returns of this mutual fund scheme?

The HSBC Small Cap Fund is a 11 yrs 1 m old fund and has delivered average annual returns of 21.95% since inception.

HSBC Small Cap Fund Returns

1-Year	3-Year	5-Year	10-Year	Since Inception
4.96%	25.3%	36.79%	20.67%	21.95%

How much does this mutual fund charge as expense ratio?

The HSBC Small Cap Fund - Direct Growth has an expense ratio of 0.63%, 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 Small Cap Fund currently has assets under management (AUM) or fund size valued at approximately ₹14,493 Crs crore as of Mar 31, 2025.

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

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

Company	Percentage of Portfolio
Neuland Laboratories Ltd.	2.34%
Aditya Birla Real Estate Ltd.	2.16%
K.P.R. Mill Ltd.	2.15%
The Federal Bank Ltd.	2.07%
Time Technoplast Ltd.	1.96%
Cohance Lifesciences Ltd.	1.82%
Sumitomo Chemical India Ltd.	1.8%
Amber Enterprises India Ltd.	1.77%
KFin Technologies Ltd.	1.73%
Karur Vysya Bank Ltd.	1.72%

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

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

Sector	Percentage of Portfolio
Capital Goods	15.299999999999999%
Financial	12.920000000000002%
Services	9.34%
Construction	8.370000000000001%
Healthcare	8.04%
Consumer Staples	7.610000000000001%
Materials	7.42%
Metals & Mining	5.78%
Consumer Discretionary	4.609999999999999%
Textiles	4.23%

What is risk level of HSBC Small Cap Fund?

This is a Small 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 Small 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 Small 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 Small Cap Fund is complete.

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

Redeeming your investments in HSBC Small 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 Small Cap Fund from anywhere else, you can go to the fund house website and put a request through it.

ET Money rank

in Small Cap

#NA

Return Outperformance: This fund has generated highest return amongst Small Cap funds in the last 10 Years.
Return/Risk: For every unit of risk this fund takes, it produces 20% more returns.
Volatility Protection: This fund ranks lower in terms of protecting against volatility within its category.
Exit Load: Exit load for units in excess of 10% of the investment,1% will be charged for redemption within 1 year.