Markets / Mutual funds / Value
HSBC Mutual Fund · Equity fund · Direct plan · IDCW
The investment objective of the Scheme is to generate long-term capital appreciation from a diversified portfolio of predominantly equity and equity related securities, in the Indian markets with higher focus on undervalued securities. The Scheme could also additionally invest in Foreign Securities in international markets.
Bars: this plan; the thin mark is the Value 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 | -0.6 | |||||||||||
| 2025 | -13.0 | -10.2 | +8.3 | +3.2 | +5.8 | +4.6 | -1.9 | -2.1 | +0.3 | +5.0 | +1.1 | +0.8 |
| 2026 | -9.5 | +0.7 | -10.4 | +10.5 | -1.1 | +2.2 | +0.3 | +2.1 | -5.3 | -3.1 | +6.5 |
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 | 98.7% | 98.1% | +0.59 |
| Short positions | -0.1% | -0.2% | +0.10 |
| Cash & others | 1.3% | 1.9% | -0.59 |
| Top 10 stocks | 32.5% | 31.6% | +0.93 |
| Number of stocks | 86 | 86 | 0 |
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 |
|---|---|
| HDFC Bank Limited INE040A01034 | 5.08% |
| ICICI Bank Limited INE090A01021 | 4.34% |
| Karur Vysya Bank Limited INE036D01028 | 3.93% |
| The Federal Bank Limited INE171A01029 | 3.45% |
| State Bank of India INE062A01020 | 3.09% |
| Reliance Industries Limited INE002A01018 | 2.73% |
| PNB Housing Finance Limited INE572E01012 | 2.64% |
| Tech Mahindra Limited INE669C01036 | 2.63% |
| FINOLEX CABLES LTD INE235A01022 | 2.39% |
| Larsen & Toubro Limited INE018A01030 | 2.22% |
| Balrampur Chini Mills Limited INE119A01028 | 2.12% |
| Indian Bank INE562A01011 | 2.07% |
| Axis Bank Limited INE238A01034 | 1.94% |
| Shriram Finance Limited INE721A01047 | 1.79% |
| Welspun Living Limited INE192B01031 | 1.66% |
| NTPC Limited INE733E01010 | 1.61% |
| Jindal Stainless Limited INE220G01021 | 1.61% |
| Multi Commodity Exchange of India Ltd. INE745G01043 | 1.48% |
| Pearl Global Industries Limited INE940H01022 | 1.44% |
| Bharti Airtel Limited INE397D01024 | 1.43% |
| Kotak Mahindra Bank Limited INE237A01036 | 1.42% |
| Hero MotoCorp Limited INE158A01026 | 1.42% |
| Trent Limited INE849A01020 | 1.42% |
| Punjab National Bank INE160A01022 | 1.36% |
| Maruti Suzuki India Limited INE585B01010 | 1.35% |
| K.P.R. Mill Ltd INE930H01031 | 1.33% |
| Angel One Limited INE732I01021 | 1.33% |
| Jindal Steel Limited INE749A01030 | 1.26% |
| Jindal Saw Ltd INE324A01032 | 1.26% |
| United Spirits Limited INE854D01024 | 1.23% |
| The Ramco Cements Limited INE331A01037 | 1.17% |
| HCL Technologies Limited INE860A01027 | 1.14% |
| Zydus Lifesciences Limited INE010B01027 | 1.07% |
| POWER MECH PROJECTS LIMITED INE211R01019 | 1.07% |
| Hindustan Unilever Limited INE030A01027 | 1.06% |
| Sun Pharmaceutical Industries Limited INE044A01036 | 1.06% |
| Brigade Enterprises Limited INE791I01019 | 1.05% |
| Infosys Limited INE009A01021 | 1.03% |
| Can Fin Homes Limited INE477A01020 | 1.02% |
| Jubilant Foodworks Limited INE797F01020 | 1.01% |
| Thangamayil Jewellery Limited INE085J01014 | 1.00% |
| ITC Limited INE154A01025 | 0.98% |
| Vardhman Textiles Limited INE825A01020 | 0.92% |
| Tata Motors Limited INE1TAE01010 | 0.92% |
| CCL Products (India) Limited INE421D01022 | 0.90% |
| Canara Bank INE476A01022 | 0.86% |
| Ratnamani Metals & Tubes Limited INE703B01027 | 0.86% |
| Mahindra & Mahindra Financial Serv Ltd. INE774D01024 | 0.85% |
| Oberoi Realty Limited INE093I01010 | 0.85% |
| Mahindra & Mahindra Limited INE101A01026 | 0.84% |
| Sobha Limited INE671H01015 | 0.83% |
| Page Industries Limited INE761H01022 | 0.83% |
| SAPPHIRE FOODS INDIA LIMITED INE806T01020 | 0.80% |
| Siemens Limited INE003A01024 | 0.78% |
| INDO COUNT INDUSTRIES LIMITED INE483B01026 | 0.72% |
| Godfrey Phillips India Limited INE260B01028 | 0.72% |
| Hindalco Industries Limited INE038A01020 | 0.71% |
| Time Technoplast Limited INE508G01029 | 0.58% |
| Oil India Limited INE274J01014 | 0.53% |
| GE Vernova T&D India Limited INE200A01026 | 0.52% |
| WEST COAST PAPER MILLS LTD INE976A01021 | 0.51% |
| Hindustan Petroleum Corporation Limited INE094A01015 | 0.50% |
| Manipal Health Enterprises Limited INE459N01021 | 0.47% |
| Shriram Pistons & Rings Limited INE526E01018 | 0.47% |
| Aditya Birla Real Estate Limited INE055A01016 | 0.47% |
| GLOBUS SPIRITS LIMITED INE615I01010 | 0.47% |
| Housing and Urban Development Corp. Ltd. INE031A01017 | 0.45% |
| JK Paper Limited INE789E01012 | 0.44% |
| Vedanta Aluminium Metal Limited INE1CDF01017 | 0.43% |
| Coromandel International Limited INE169A01031 | 0.42% |
| National Aluminium Company Limited INE139A01034 | 0.41% |
| Wipro Limited INE075A01022 | 0.37% |
| Eris Lifesciences Limited INE406M01024 | 0.36% |
| Birla Corporation Limited INE340A01012 | 0.35% |
| PARADEEP PHOSPHATES LIMITED INE088F01024 | 0.35% |
| Senores Pharmaceuticals Limited INE0RB801010 | 0.34% |
| Bayer Cropscience Limited INE462A01022 | 0.31% |
| Epigral Limited INE071N01016 | 0.30% |
| Bharat Bijlee Ltd. INE464A01036 | 0.28% |
| VIP Industries Limited INE054A01027 | 0.27% |
| KNR Constructions Limited INE634I01029 | 0.22% |
| HDB Financial Services Limited INE756I01012 | 0.19% |
| KEC International Limited INE389H01022 | 0.17% |
| Nippon Life India Asset Management Ltd INE298J01013 | 0.17% |
| SOMANY CERAMICS LIMITED INE355A01028 | 0.14% |
| JK Lakshmi Cement Limited INE786A01032 | 0.13% |
| Holding | % of fund |
|---|---|
| Net Current Assets (including cash & bank balances) | -0.13% |
| Holding | % of fund |
|---|---|
| Treps | 1.43% |
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 30 Nov 2022).
The ranges the fund is allowed to hold, not what it holds today.
| Fund size (average AUM, July - September 2026) | ₹15,096 cr across all plans · this plan ₹26.88 cr |
| Fund house | HSBC Mutual Fund |
| Category | Equity · Value |
| Plan | Direct |
| Option | IDCW |
| Expense ratio (TER) | Direct 0.88% · Regular 1.84% (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 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) | 151112 |
| ISIN | INF917K01HC6 |
| 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 | ₹127.6243 | +1.64% |
| Regular · Growth | ₹112.9074 | +0.67% |
| Regular · IDCW | ₹48.9309 | -8.26% |
| Fund | 1 year | 3 years (a year) |
|---|---|---|
| Quant Value Fund | +12.13% | +20.34% |
| DSP Value Fund | +6.24% | +17.58% |
| LIC MF Value Fund | +17.89% | +17.29% |
| HDFC Value Fund | +6.20% | +17.00% |
| HSBC Value Fund | +1.64% | +15.85% |
| ICICI Prudential Value Fund (erstwhile Value Discovery Fund) | -2.00% | +13.71% |
| Nippon India Value Fund | -4.32% | +13.64% |
| UTI Value Fund | -1.74% | +13.55% |
Information only, not investment advice.
₹63.1575 as of 6 Nov 2026, from AMFI's official NAV data.
1 year: -6.57%, 3 years: 6.98% a year
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.