HSBC Equity Savings Fund - Direct Plan - Growth

NAVs of 8 Nov 2026

HSBC Mutual Fund · Hybrid fund · Direct plan · Growth

Equity SavingsDirect · GrowthRisk: Moderate

NAV · 6 Nov 2026

₹41.7453 ▲ 0.31%

HSBC Mutual Fund

Fund size₹1,388 crJuly - September 2026

1-month range₹40.18 – 41.75

1 year+9.43%rank 1 of 21

Expense ratio1.38%direct plan, a year

5 years–a year

What the fund does

The investment objective of the Scheme is to generate regular income by predominantly investing in arbitrage opportunities in the cash and derivatives segments of the equity markets and debt and money market instruments and to generate long-term capital appreciation through unhedged exposure to equity and equity related instruments. There is no assurance that the objective of the Scheme will be realised and the Scheme does not assure or guarantee any returns.

BenchmarkNIFTY Equity Savings Index

Fund houseHSBC Mutual Fund

Fund managersFM 1 - Cheenu GuptaFM 2 - Praveen AyathanFM 3 - Mahesh ChhabriaFM 4 - . Mohd. Asif RizwiFM 5 - Mayank ChaturvediFM6 - Dipan S. Parikh

NAV history

Returns

1 week

+2.42%avg 2.3%

1 month

+2.13%avg 2.2%

3 months

+1.40%avg 0.9%

6 months

+4.48%avg 3.3%

This year

+9.18%avg 3.8%

1 year

+9.43%avg 4.8% · #1/21

3 years (a year)

+13.50%avg 9.0% · #1/18

Bars: this plan; the thin mark is the Equity Savings average (direct plans, growth option). Over a year: yearly averages (CAGR). Past returns do not guarantee future returns. Information only, not investment advice.

Monthly returns (%)

Year	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec
2024												+2.7
2025	-6.6	-3.9	+2.7	+1.2	+3.0	+1.4	+0.4	+2.4	+0.9	+1.2	+0.6	-0.6
2026	-0.6	+2.1	-3.1	+5.5	+1.3	+1.8	+0.5	+1.1	-2.2	+0.2	+2.4

Each month's change in NAV (the current month to the latest NAV).

What if you had invested?

Amount (₹) Started

Worked out from this plan's actual NAVs. SIP: invested on the first NAV of each month. Taxes and exit loads are not included. Past returns do not guarantee future returns. Information only, not investment advice.

Portfolio as on 31 Oct 2026

Stocks held94115 lines in all

Top 10 stocks29.9%of the fund

Equity76.6%stocks and equity derivatives

Debt & cash23.4%everything else

Where the money is

Equity 76.6%Debt 13.2%Money market 6.7%Cash & others 3.6%

Sectors (stocks held)

Banks

22.8%

Finance

6.9%

Retailing

5.1%

Electrical Equipment

4.0%

Petroleum Products

3.4%

Automobiles

3.4%

IT - Software

2.9%

Pharmaceuticals & Biotechnology

2.9%

Credit quality (debt and money market)

Sovereign

11.5%

AAA

4.8%

A1+

3.6%

Changes since 30 Sept 2026

Share of fund	31 Oct 2026	30 Sept 2026	Change
Stocks held	76.6%	73.3%	+3.30
Short positions	0.0%	-0.2%	+0.24
Debt	13.2%	13.8%	-0.61
Money market	6.7%	6.9%	-0.21
Cash & others	3.6%	6.1%	-2.48
Top 10 stocks	29.9%	27.9%	+2.00
Number of stocks	94	95	-1

New stocks 2

Power Finance Corporation Limited0.03%
Titan Company Limited0.02%

Stocks sold off 3

InterGlobe Aviation Limitedwas 0.96%
DLF Limitedwas 0.11%
Hero MotoCorp Limitedwas 0.04%

Bought more 10

The Indian Hotels Company Limited+2.51
Bajaj Finance Limited+2.07
Eternal Limited+1.07
TVS Motor Company Limited+1.04
PERSISTENT SYSTEMS LTD+0.94
Cholamandalam Invest & Finance Co Ltd+0.81
Coforge Limited+0.78
Dhoot Transmission Limited+0.65
Reliance Industries Limited+0.50
Bharat Electronics Limited+0.28

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Cut back 6

HDFC Asset Management Company Limited-1.31
ICICI Bank Limited-0.74
ICICI Prudential AMC Ltd-0.68
Kotak Mahindra Bank Limited-0.52
Mahindra & Mahindra Limited-0.35
HDFC Bank Limited-0.27

Change is in percentage points. Bought more and cut back list stocks whose share of the fund moved by at least 0.25 points. A share can also move because the price changed, not only because the fund traded.

Stocks held 94

Holding	Sector / type	% of fund
HDFC Bank Limited INE040A01034	Banks	4.51%
Bajaj Finance Limited INE296A01032	Finance	3.48%
Reliance Industries Limited INE002A01018	Petroleum Products	3.38%
State Bank of India INE062A01020	Banks	3.34%
Axis Bank Limited INE238A01034	Banks	3.31%
ICICI Bank Limited INE090A01021	Banks	2.90%
The Federal Bank Limited INE171A01029	Banks	2.63%
The Indian Hotels Company Limited INE053A01029	Leisure Services	2.53%
Life Insurance Corporation Of India INE0J1Y01017	Insurance	1.92%
Coforge Limited INE591G01025	IT - Software	1.90%
Lenskart Solutions Limited INE956O01016	Retailing	1.81%
Canara Bank INE476A01022	Banks	1.61%
Sun Pharmaceutical Industries Limited INE044A01036	Pharmaceuticals & Biotechnology	1.61%
Dhoot Transmission Limited INE01NH01023	Auto Components	1.61%
Polycab India Limited INE455K01017	Industrial Products	1.54%
Cholamandalam Invest & Finance Co Ltd INE121A01024	Finance	1.51%
Aditya Infotech Limited INE819V01029	Industrial Manufacturing	1.51%
Mahindra & Mahindra Limited INE101A01026	Automobiles	1.45%
GE Vernova T&D India Limited INE200A01026	Electrical Equipment	1.40%
Meesho Limited INE0VDM01015	Retailing	1.38%
Bharti Airtel Limited INE397D01024	Telecom - Services	1.34%
Divi''s Laboratories Limited INE361B01024	Pharmaceuticals & Biotechnology	1.25%
Kotak Mahindra Bank Limited INE237A01036	Banks	1.20%
TVS Motor Company Limited INE494B01023	Automobiles	1.17%
Hitachi Energy India Limited INE07Y701011	Electrical Equipment	1.13%
Varun Beverages Limited INE200M01039	Beverages	1.08%
Eternal Limited INE758T01015	Retailing	1.08%
Steel Authority of India Limited INE114A01011	Ferrous Metals	1.03%
PERSISTENT SYSTEMS LTD INE262H01021	IT - Software	0.96%
Jio Financial Services Limited INE758E01017	Finance	0.93%
KFIN Technologies Limited INE138Y01010	Capital Markets	0.92%
Tata Steel Limited INE081A01020	Ferrous Metals	0.91%
FSN E-Commerce Ventures Limited INE388Y01029	Retailing	0.87%
Navin Fluorine International Limited INE048G01026	Chemicals & Petrochemicals	0.86%
Bharat Electronics Limited INE263A01024	Aerospace & Defense	0.86%
Adani Enterprises Limited INE423A01024	Metals & Minerals Trading	0.84%
Punjab National Bank INE160A01022	Banks	0.72%
Shadowfax Technologies Limited INE12UN01015	Transport Services	0.67%
IDFC First Bank Limited INE092T01019	Banks	0.65%
Bandhan Bank Limited INE545U01014	Banks	0.64%
Radico Khaitan Limited INE944F01028	Beverages	0.64%
LIC Housing Finance Limited INE115A01026	Finance	0.64%
JSW Steel Limited INE019A01038	Ferrous Metals	0.63%
Tata Motors Passenger Vehicles Limited INE155A01022	Automobiles	0.61%
IndusInd Bank Limited INE095A01012	Banks	0.60%
CG Power And Industrial Solutions Ltd INE067A01029	Electrical Equipment	0.60%
Grasim Industries Limited INE047A01021	Cement & Cement Products	0.60%
Godfrey Phillips India Limited INE260B01028	Cigarettes & Tobacco Products	0.53%
Ambuja Cements Limited INE079A01024	Cement & Cement Products	0.47%
HDFC Life Insurance Company Limited INE795G01014	Insurance	0.45%
Indian Energy Exchange Limited INE022Q01020	Capital Markets	0.44%
Sedemac Mechatronics Ltd. INE00XB01019	Auto Components	0.43%
Adani Port & Special Economic Zone Ltd INE742F01042	Transport Infrastructure	0.41%
Container Corporation of India Limited INE111A01025	Transport Services	0.40%
Bharat Heavy Electricals Limited INE257A01026	Electrical Equipment	0.38%
Larsen & Toubro Limited INE018A01030	Construction	0.37%
Indus Towers Limited INE121J01017	Telecom - Services	0.31%
PB Fintech Limited INE417T01026	Financial Technology (Fintech)	0.30%
KALYAN JEWELLERS INDIA LIMITED INE303R01014	Consumer Durables	0.29%
Aditya Birla Capital Limited INE674K01013	Finance	0.28%
City Union Bank Limited INE491A01021	Banks	0.27%
Tata Consumer Products Limited INE192A01025	Agricultural Food & other Products	0.27%
Nippon Life India Asset Management Ltd INE298J01013	Capital Markets	0.20%
APAR INDUSTRIES LTD INE372A01015	Electrical Equipment	0.19%
Bank of Baroda INE028A01039	Banks	0.19%
Hindustan Unilever Limited INE030A01027	Diversified FMCG	0.16%
Max Financial Services Limited INE180A01020	Insurance	0.15%
Eicher Motors Limited INE066A01021	Automobiles	0.15%
ABB India Limited INE117A01022	Electrical Equipment	0.12%
Billionbrains Garage Ventures Ltd. INE0HOQ01053	Capital Markets	0.12%
Max Healthcare Institute Limited INE027H01010	Healthcare Services	0.10%
Godrej Consumer Products Limited INE102D01028	Personal Products	0.10%
TD Power Systems Limited INE419M01035	Electrical Equipment	0.10%
Bank of India INE084A01016	Banks	0.09%
RBL Bank Limited INE976G01028	Banks	0.09%
Godrej Properties Limited INE484J01027	Realty	0.07%
Hindustan Aeronautics Limited INE066F01020	Aerospace & Defense	0.06%
KEI Industries Limited INE878B01027	Industrial Products	0.05%
Thermax Limited INE152A01029	Electrical Equipment	0.05%
Hindustan Zinc Limited INE267A01025	Non - Ferrous Metals	0.03%
Dixon Technologies (India) Limited INE935N01020	Consumer Durables	0.03%
ITC Limited INE154A01025	Diversified FMCG	0.03%
Kaynes Technology India Ltd. INE918Z01012	Industrial Manufacturing	0.03%
Atlanta Electricals Limited INE0Z4F01028	Electrical Equipment	0.03%
Power Finance Corporation Limited INE134E01011	Finance	0.03%
Medi Assist Healthcare Services Limited INE456Z01021	Insurance	0.02%
Titan Company Limited INE280A01028	Consumer Durables	0.02%
Shriram Finance Limited INE721A01047	Finance	0.01%
Hindalco Industries Limited INE038A01020	Non - Ferrous Metals	0.01%
Union Bank of India INE692A01016	Banks	0.01%
Prudent Corporate Advisory Services Ltd INE00F201020	Capital Markets	0.00%
HDFC Asset Management Company Limited INE127D01025	Capital Markets	0.00%
ICICI Prudential AMC Ltd INE346A01027	Capital Markets	0.00%
BSE Ltd INE118H01025	Capital Markets	0.00%

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Debt, money market and cash 21

Holding	Sector / type	% of fund
Treps	–	2.90%
7.06% GOI - 10-Apr-2028 IN0020230010	SOVEREIGN	2.75%
6.36% GOI 16-Feb-2031 IN0020250141	SOVEREIGN	2.44%
364 Days Treasury Bill 28-Jan-2027 IN002025Z435	SOVEREIGN	1.53%
364 Days Treasury Bill 04-Feb-2027 IN002025Z443	SOVEREIGN	1.53%
REC Limited** INE020B14748	CRISIL A1+	1.51%
Bank of Baroda** INE028A16MV2	IND A1+	1.48%
Indian Railway Finance Corporation Ltd^ INE053F07BW9	CARE AAA	1.27%
NABARD** INE261F08EK5	CRISIL AAA	0.97%
7.38% GOI MAT 20-Jun-2027 IN0020220037	SOVEREIGN	0.96%
7.04% GOI - 03-Jun-2029 IN0020240050	SOVEREIGN	0.96%
Reliance Industries Limited** INE002A08542	CRISIL AAA	0.68%
7.32% GOI - 13-Nov-2030 IN0020230135	SOVEREIGN	0.64%
REC Limited** INE020B08FZ9	ICRA AAA	0.63%
SIDBI** INE556F08KR0	CRISIL AAA	0.61%
HDFC Bank Limited** INE040A16IZ6	CARE A1+	0.60%
Siddhivinayak Securitisation Trust** INE2I7F15012	CRISIL AAA(SO)	0.59%
Liquid Gold Series 24** INE2ZXW15019	CRISIL AAA(SO)	0.41%
6.01% GOI 21Jul2030 IN0020250067	SOVEREIGN	0.36%
7.37% GOI 23OCT2028 IN0020230101	SOVEREIGN	0.31%
Net Current Assets (including cash & bank balances)	–	0.27%

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From the fund house's monthly portfolio (assetmanagement.hsbc.co.in), as on 31 Oct 2026. Percentages are of the fund's net assets. Published about ten days after each month ends.

Risk

Volatility5.9%yearly, from daily NAVs

Worst fall-11.42%3 Jan 2025 → 28 Feb 2025

RiskometerModerateModerate

Volatility: how much the NAV moves, as a yearly figure (higher = bumpier). Worst fall: the biggest drop from a high, in the NAV history we hold (from 30 Nov 2022).

Where it can invest (limits from the scheme document)

A. Equities & Equity related securities

65–90%

B. Debt, Money Market Instruments and Government Securities*

10–35%

Units issued by InvITs

0–10%

Units of Gold and Silver ETFs

0–25%

Exchange Traded Commodity Derivatives (ETCDs)

0–10%

The ranges the fund is allowed to hold, not what it holds today.

Fund details

Fund size (average AUM, July - September 2026)	₹1,388 cr across all plans · this plan ₹446 cr
Fund house	HSBC Mutual Fund
Category	Hybrid · Equity Savings
Plan	Direct
Option	Growth
Expense ratio (TER)	Direct 1.38% · Regular 2.37% (6 Nov 2026)
Exit load	If the units redeemed or switched out are upto 10% of the units purchased or switched in (“the limit”) within 1 month from the date of allotment – Nil. If units redeemed or switched out are over and above 10% within 1 month from the date of allotment – 0.50%. If units are redeemed or switched out on or after 1 month from the date of allotment – Nil.
Minimum investment	₹5,000 · additional ₹1,000
Scheme code (AMFI)	151060
ISIN	INF917K01GE4
NAV date	6 Nov 2026

Scheme details from the fund's scheme summary document filed with AMFI; expense ratios from AMFI's daily filings.

Other plans of this fund

Plan	NAV	1 year
Direct · IDCW	₹18.2949	+1.21%
Direct · IDCW	₹17.5873	+1.56%
Regular · Growth	₹37.2049	+8.47%
Regular · IDCW	₹15.3445	+0.41%
Regular · IDCW	₹16.3642	+0.19%

Top Equity Savings funds (direct plans)

Fund	1 year	3 years (a year)
HSBC Equity Savings Fund	+9.43%	+13.50%
Edelweiss Equity Savings Fund	+7.75%	+11.53%
Kotak Equity Savings Fund	+3.69%	+10.16%
Baroda BNP Paribas Equity Savings Fund	+4.82%	+10.04%
Mahindra Manulife Equity Savings Fund	+5.50%	+10.03%
Invesco India Equity Savings Fund	+2.00%	+9.35%
HDFC Equity Savings Fund	+4.13%	+9.26%
DSP Equity Savings Fund	+3.55%	+9.19%

All Equity Savings funds ranked › · Compare with others ›

← All mutual funds

Information only, not investment advice.

What is the NAV of HSBC Equity Savings Fund - Direct Plan - Growth today?

₹41.7453 as of 6 Nov 2026, from AMFI's official NAV data.

What are the returns of HSBC Equity Savings Fund - Direct Plan - Growth?

1 year: 9.43%, 3 years: 13.50% a year

How does HSBC Equity Savings Fund rank in its category?

1 of 21 Equity Savings funds (direct plans, growth option) by 1-year return.

What is the difference between direct and regular plans?

Both invest in the same portfolio. Direct plans are bought straight from the fund house and pay no distributor commission, so their expenses are lower and their NAV grows slightly faster.