Markets / Mutual funds / Multi Asset Allocation
HSBC Mutual Fund · Hybrid fund · Direct plan · IDCW
The aim of the fund is to generate long-term capital growth and generate income by investing in Equity & Equity Related instruments, Debt & Money Market Securities and Gold / Silver ETFs. However, there can be no assurance or guarantee that the investment objective of the scheme would be achieved.
Bars: this plan; the thin mark is the Multi Asset Allocation average (direct plans, growth option). Over a year: yearly averages (CAGR). Past returns do not guarantee future returns. Information only, not investment advice.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | +2.2 | |||||||||||
| 2025 | -8.9 | -7.8 | +6.0 | +2.3 | +4.5 | +3.4 | +1.0 | +0.6 | +3.6 | +2.9 | +1.3 | +1.8 |
| 2026 | +3.6 | -1.6 | -9.0 | +7.8 | +2.7 | -0.2 | +0.1 | +3.4 | -5.1 | -1.2 | +4.3 |
Each month's change in NAV (the current month to the latest NAV).
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.
| Share of fund | 31 Oct 2026 | 30 Sept 2026 | Change |
|---|---|---|---|
| Stocks held | 84.7% | 85.2% | -0.52 |
| Short positions | -0.2% | -0.2% | -0.04 |
| Debt | 12.3% | 12.4% | -0.08 |
| Money market | 0.6% | 0.6% | 0.00 |
| Cash & others | 2.4% | 1.8% | +0.60 |
| Top 10 stocks | 45.2% | 42.5% | +2.70 |
| Number of stocks | 71 | 70 | +1 |
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.
| Holding | % of fund |
|---|---|
| HSBC Mutual Fund INF336L01RX2 | 10.52% |
| ICICI Bank Limited INE090A01021 | 8.36% |
| HDFC Bank Limited INE040A01034 | 4.96% |
| Lenskart Solutions Limited INE956O01016 | 4.47% |
| The Federal Bank Limited INE171A01029 | 3.26% |
| Meesho Limited INE0VDM01015 | 3.19% |
| Tech Mahindra Limited INE669C01036 | 3.04% |
| Aditya Infotech Limited INE819V01029 | 2.65% |
| ITC Limited INE154A01025 | 2.47% |
| TVS Motor Company Limited INE494B01023 | 2.31% |
| GE Vernova T&D India Limited INE200A01026 | 2.30% |
| Lupin Limited INE326A01037 | 2.02% |
| JSW Steel Limited INE019A01038 | 2.00% |
| FSN E-Commerce Ventures Limited INE388Y01029 | 1.88% |
| Polycab India Limited INE455K01017 | 1.87% |
| PB Fintech Limited INE417T01026 | 1.76% |
| Divi''s Laboratories Limited INE361B01024 | 1.74% |
| Piramal Finance Ltd INE202B01038 | 1.62% |
| Ather Energy Limited INE0LEZ01016 | 1.60% |
| HDFC MUTUAL FUND INF179KC1981 | 1.59% |
| Dhoot Transmission Limited INE01NH01023 | 1.58% |
| APAR INDUSTRIES LTD INE372A01015 | 1.52% |
| Cholamandalam Invest & Finance Co Ltd INE121A01024 | 1.45% |
| Gland Pharma Limited INE068V01023 | 1.44% |
| CG Power And Industrial Solutions Ltd INE067A01029 | 1.42% |
| Bajaj Finance Limited INE296A01032 | 1.19% |
| Sedemac Mechatronics Ltd. INE00XB01019 | 1.13% |
| City Union Bank Limited INE491A01021 | 1.12% |
| Hitachi Energy India Limited INE07Y701011 | 1.10% |
| Indian Bank INE562A01011 | 0.92% |
| PERSISTENT SYSTEMS LTD INE262H01021 | 0.87% |
| ABB India Limited INE117A01022 | 0.81% |
| One 97 Communications Limited INE982J01020 | 0.81% |
| Nippon Life India Asset Management Ltd INE298J01013 | 0.79% |
| KFIN Technologies Limited INE138Y01010 | 0.69% |
| Mahindra & Mahindra Financial Serv Ltd. INE774D01024 | 0.68% |
| Sun Pharmaceutical Industries Limited INE044A01036 | 0.64% |
| TENNECO CLEAN AIR INDIA LIMITED INE19RI01016 | 0.52% |
| Coforge Limited INE591G01025 | 0.51% |
| Thermax Limited INE152A01029 | 0.50% |
| PNB Housing Finance Limited INE572E01012 | 0.35% |
| Siemens Limited INE003A01024 | 0.21% |
| Billionbrains Garage Ventures Ltd. INE0HOQ01053 | 0.16% |
| State Bank of India INE062A01020 | 0.06% |
| Britannia Industries Limited INE216A01030 | 0.05% |
| Multi Commodity Exchange of India Ltd. INE745G01043 | 0.05% |
| Axis Bank Limited INE238A01034 | 0.04% |
| SAFARI INDUSTRIES (INDIA) LIMITED INE429E01023 | 0.04% |
| ICICI Prudential AMC Ltd INE346A01027 | 0.03% |
| Bharti Airtel Limited INE397D01024 | 0.03% |
| HDFC Asset Management Company Limited INE127D01025 | 0.03% |
| Dixon Technologies (India) Limited INE935N01020 | 0.03% |
| Max Healthcare Institute Limited INE027H01010 | 0.03% |
| Oil & Natural Gas Corporation Limited INE213A01029 | 0.03% |
| Larsen & Toubro Limited INE018A01030 | 0.03% |
| TITAGARH RAIL SYSTEMS LIMITED INE615H01020 | 0.02% |
| The Tata Power Company Limited INE245A01021 | 0.02% |
| UltraTech Cement Limited INE481G01011 | 0.02% |
| BSE Ltd INE118H01025 | 0.02% |
| Bharat Heavy Electricals Limited INE257A01026 | 0.02% |
| Godrej Consumer Products Limited INE102D01028 | 0.02% |
| Shriram Finance Limited INE721A01047 | 0.01% |
| Reliance Industries Limited INE002A01018 | 0.01% |
| Tata Consumer Products Limited INE192A01025 | 0.01% |
| Hindalco Industries Limited INE038A01020 | 0.01% |
| Bharat Electronics Limited INE263A01024 | 0.01% |
| Mahindra & Mahindra Limited INE101A01026 | 0.01% |
| Power Grid Corporation of India Limited INE752E01010 | 0.01% |
| InterGlobe Aviation Limited INE646L01027 | 0.01% |
| Infosys Limited INE009A01021 | 0.00% |
| BLUE STAR LTD INE472A01039 | 0.00% |
| Holding | % of fund |
|---|---|
| Net Current Assets (including cash & bank balances) | -0.24% |
| Holding | % of fund |
|---|---|
| Treps | 2.04% |
| Bajaj Housing Finance Ltd** INE377Y07656 | 1.63% |
| NABARD^ INE261F08EU4 | 1.60% |
| Bajaj Finance Limited^ INE296A07UB9 | 1.60% |
| 6.48% GOI 06Oct2035 IN0020250091 | 0.98% |
| REC Limited** INE020B08FR6 | 0.83% |
| 6.94% GOI 11-May-2036 IN0020260025 | 0.80% |
| UltraTech Cement Limited** INE481G08149 | 0.79% |
| SIDBI** INE556F08KR0 | 0.79% |
| REC Limited^ INE020B08GF9 | 0.78% |
| 6.01% GOI 21Jul2030 IN0020250067 | 0.78% |
| Liquid Gold Series 24** INE2ZXW15019 | 0.62% |
| ICICI Bank Limited** INE090AD6287 | 0.62% |
| India Universal Trust AL2^ INE1CBK15037 | 0.57% |
| Reliance Industries Limited** INE002A08542 | 0.53% |
| Indian Railway Finance Corporation Ltd** INE053F07CA3 | 0.31% |
| 7.18% GOI - 14-Aug-2033 IN0020230085 | 0.16% |
| 6.9% GOI 15-Apr-2065 IN0020250018 | 0.14% |
From the fund house's monthly portfolio (assetmanagement.hsbc.co.in), as on 31 Oct 2026. Percentages are of the fund's net assets; short positions are negative. Published about ten days after each month ends.
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 1 Mar 2024).
The ranges the fund is allowed to hold, not what it holds today.
| Fund size (average AUM, July - September 2026) | ₹3,161 cr across all plans · this plan ₹1.37 cr |
| Fund house | HSBC Mutual Fund |
| Category | Hybrid · Multi Asset Allocation |
| Plan | Direct |
| Option | IDCW |
| Expense ratio (TER) | Direct 0.94% · Regular 2.23% (6 Nov 2026) |
| Exit load | If units redeemed or switched out are upto 10% of the units purchased or switched in within 1 year from the date of allotment – Nil If units redeemed or switched out are over and above the limit within 1 year from the date of allotment – 1% If units are redeemed or switched out on or after 1 year from the date of allotment – Nil |
| Minimum investment | ₹5,000 · additional ₹1,000 |
| Scheme code (AMFI) | 152381 |
| ISIN | INF336L01RJ1 |
| NAV date | 6 Nov 2026 |
Scheme details from the fund's scheme summary document filed with AMFI; expense ratios from AMFI's daily filings.
| Plan | NAV | 1 year |
|---|---|---|
| Direct · Growth | ₹14.3549 | +10.88% |
| Regular · Growth | ₹13.8411 | +9.41% |
| Regular · IDCW | ₹12.6358 | -0.12% |
| Fund | 1 year | 3 years (a year) |
|---|---|---|
| Quant Multi Asset Allocation Fund | +11.66% | +21.88% |
| Nippon India Multi Asset Allocation Fund | +7.26% | +18.50% |
| DSP Multi Asset Allocation Fund | +8.82% | +18.26% |
| Kotak Multi Asset Allocation Fund | +9.01% | +17.24% |
| Aditya Birla Sun Life Multi Asset Allocation Fund | +9.73% | +16.90% |
| WhiteOak Capital Multi Asset Allocation Fund | +8.93% | +16.71% |
| Baroda BNP Paribas Multi Asset Fund | +6.11% | +15.22% |
| UTI Multi Asset Allocation Fund | +2.82% | +15.06% |
All Multi Asset Allocation funds ranked › · Compare with others ›
Information only, not investment advice.
₹13.9920 as of 6 Nov 2026, from AMFI's official NAV data.
1 year: 8.07%
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.