HSBC Multi Cap Fund - Regular - Growth
💡 Why Pick This Fund? Quantitative Strengths & Watch-outs
- Outperformed category benchmark in 100% of historical 3-year rolling periods.
- Generated +3.1% annualized alpha (excess return) over its benchmark.
- Downside capture of 105% indicates larger drops during broader market downturns.
Key Statistics vs Category Median
Trailing Returns Comparison
| Period | Fund Return | Category Median | Difference |
|---|---|---|---|
| 1 Month | +3.69% | +5.58% | -1.89% |
| 3 Months | -0.32% | +0.66% | -0.98% |
| 6 Months | +6.10% | +7.75% | -1.65% |
| 1 Year | +6.20% | +6.20% | 0.00% |
| 3 Years CAGR | +15.86% | +14.36% | +1.50% |
| Since Inception | +20.56% | - | - |
📈 Monthly SIP vs Bank Fixed Deposit (FD) Replay
See how a regular monthly SIP in HSBC Multi Cap Fund compares against a standard 7.0% p.a. Bank Fixed Deposit.
Calendar Year Returns
| Year | Fund | Category Median | Gap |
|---|---|---|---|
| 2026 | +6.71% | +7.13% | -0.42% |
| 2025 | +1.13% | +2.69% | -1.56% |
| 2024 | +28.57% | +23.44% | +5.13% |
Daily Rolling Returns Summary
| Rolling Window | Minimum | Average | Median | Maximum | % Positive | % Beating Proxy |
|---|---|---|---|---|---|---|
| 1-Year Rolling | -5.35% | +20.69% | +8.25% | +63.28% | 87.4% | 70.3% |
| 3-Year Rolling | +14.33% | +19.54% | +19.70% | +23.92% | 100.0% | 100.0% |
Risk Profile & Deepest Drawdowns
Deepest Market Corrections (Depth >= 10%)
| Peak Date | Trough Date | Fall Depth | Months to Bottom | Recovery Period |
|---|---|---|---|---|
| 2024-12-16 | 2025-02-28 | -20.3% | 2 months | 16 months |
| 2026-08-31 | 2026-10-23 | -10.9% | 2 months | Not yet recovered |
Portfolio & Asset Allocation
Statutory Asset Allocation Mandate (SEBI / SID)
| Instrument Category | Permitted Allocation Range |
|---|---|
| Equities & Equity related securities* | 75% -100% Money market instruments and other liquid instruments : 0% - 25% Units of InvITs : 0% -10% Units of Gold and Silver ETFs - 0% - 25% *Minimum investment in Equity & Equity related instruments of large Cap companies – 25% of net assets; Minimum investment in Equity & Equity related instruments of mid cap companies – 25% of net assets; Minimum investment in Equity & Equity related instruments of small cap companies – 25% of net assets. |
Investment Objective & Strategy
The investment objective of the Fund is to generate long-term capital growth from an actively managed portfolio of equity and equity related securities across market capitalization. However, there can be no assurance or guarantee that the investment objective of the scheme would be achieved.
ℹ️ Detailed monthly stock-level holdings for this scheme are updated periodically from asset management company statutory disclosures.
Fund Size Position
Currently managing Rs 6,760 cr (AMFI Daily Fund AUM as of 2026-11-11). Positioned as comfortable relative to Multi Cap schemes.
Fund Management
Cost & Capital Gains Taxation
From April 2026 the total expense ratio includes brokerage, transaction costs and statutory levies on top of the base fee.
Equity-oriented schemes: 20% short-term capital gains tax if sold within 12 months; 12.5% long-term capital gains tax on gains exceeding ₹1.25 lakh per financial year when held for more than 12 months.
Closest Multi Cap Peers by Rank
| Scheme | Score | 3Y Return | Expense | Downside | Fund Size | Compare |
|---|---|---|---|---|---|---|
| Kotak Multi Cap Fund | 7.0 | +16.08% | 1.79% | 108.0% | Rs 31,944 cr | Compare → |
| ITI Multi Cap Fund | 4.4 | +15.66% | 2.29% | 105.2% | Rs 1,589 cr | Compare → |
| Mahindra Manulife Multi Cap Fund | 5.8 | +16.41% | 2.18% | 100.8% | Rs 7,968 cr | Compare → |
| Edelweiss Multi Cap Fund | 5.2 | +15.01% | 2.08% | 105.0% | Rs 3,569 cr | Compare → |
| Bank of India Multi Cap Fund | 6.0 | +16.75% | 2.44% | 95.0% | Rs 1,478 cr | Compare → |
Frequently Asked Questions about HSBC Multi Cap Fund
What is the expense ratio of HSBC Multi Cap Fund?
HSBC Multi Cap Fund has a total expense ratio (TER) of 2.03% with a base expense ratio of 1.55%, compared to the Multi Cap category median of 2.21%.
Who manages HSBC Multi Cap Fund?
HSBC Multi Cap Fund is managed by Venugopal Manghat.
What are the historical returns of HSBC Multi Cap Fund?
HSBC Multi Cap Fund delivered a 3-year CAGR of 15.86%. Its 1-year return stands at +6.20%.
How large is HSBC Multi Cap Fund?
HSBC Multi Cap Fund manages assets of Rs 6,760 cr, placing it in the 'comfortable' size band relative to Multi Cap peers.
How is HSBC Multi Cap Fund scored on MFIQ?
HSBC Multi Cap Fund holds an MFIQ Score of 5.9/10 (Average), based on a category percentile composite across returns, risk, consistency, and cost.
How risky is HSBC Multi Cap Fund?
HSBC Multi Cap Fund has an official SEBI riskometer rating of Very High. Over the analyzed period, its annualized standard deviation is 16.37% with a maximum historical drawdown of -20.28%.