HSBC Value Fund
HSBC Mutual Fund · Value · Regular plan, growth option
NAV (₹), 1 Oct 2026
108.4083
1-day change
-1.01%
1Y return
-0.7%
3Y CAGR
13.0%
5Y CAGR
n/a
Max drawdown, 5Y
n/a
NAV history month-end NAV, ₹ · 28 Nov 2022 to 1 Oct 2026
Returns vs Value median (24 schemes)
| Period | Scheme | Category median |
|---|---|---|
| 1 month | -5.7% | -5.6% |
| 3 months | -4.7% | -4.7% |
| 6 months | 4.1% | 4.2% |
| Year to date | -5.7% | -6.8% |
| 1 year | -0.7% | -2.9% |
| 3 years (CAGR) | 13.0% | 10.0% |
| 5 years (CAGR) | n/a | 10.9% |
| 7 years (CAGR) | n/a | 15.8% |
| 10 years (CAGR) | n/a | 12.5% |
| Since first NAV (CAGR) | 16.0% | – |
Rolling returns every business-day start date
| Measure | Scheme | Category median |
|---|---|---|
| 1Y rolling median | 11.2% | 11.2% |
| 3Y rolling median | 20.7% | 17.4% |
| 3Y rolling worst | 13.0% | -7.1% |
| 3Y periods positive | 100% | 98% |
| 3Y periods ahead of benchmark | 100% | 93% |
| 5Y rolling median | n/a | 14.3% |
| 5Y rolling worst | n/a | -2.5% |
| 5Y periods ahead of benchmark | n/a | 100% |
Benchmark: Nifty 500 (proxy: Motilal Oswal Nifty 500 Index Fund, price return).
Risk 36 months, monthly returns, Rf 6.5%
| Measure | Scheme | Category median |
|---|---|---|
| Standard deviation (ann.) | 16.6% | 15.4% |
| Sharpe ratio | 0.45 | 0.29 |
| Sortino ratio | 0.67 | 0.43 |
| Beta | 1.02 | 0.96 |
| Alpha (ann.) | 3.9% | 1.1% |
| Upside capture | 116.32 | 100.02 |
| Downside capture | 98.94 | 95.75 |
Drawdowns peak-to-trough falls in NAV
| Measure | Scheme | Category median |
|---|---|---|
| Maximum drawdown, full history | −19.9% | −40.3% |
| Maximum drawdown, last 10Y | n/a | −41.9% |
| Maximum drawdown, last 5Y | n/a | −18.7% |
| Current drawdown | −6.9% | −10.6% |
| Recovery time of worst fall | 240 days | – |
Longer histories include more crises, so compare the 5Y and 10Y figures across schemes of different ages.
Direct or Regular for this scheme?
The Regular plan's expense ratio is 1.84% a year and the Direct plan's 0.88%, a gap of 0.96%; over the last 3 years the Direct plan returned 1.09 percentage points a year more. On a ₹25,000 monthly SIP for 20 years (illustration at 12% a year before costs) the gap adds up to about ₹22,38,873.
With the Regular plan, that cost pays a distributor to help you plan, choose and review funds, and stay invested when markets fall. Whether it is worth it depends on how much of that you will do yourself.
TER: AMFI TER disclosure. Returns: AMFI NAVs. Illustration, not a guaranteed saving or return.
Recent disclosure changes last 120 days, as disclosed via AMFI
- 1 Oct 2026: TER reduced from 1.85% to 1.84% (AMFI TER disclosure)
Fund managers and scheme facts Scheme Summary Document via AMFI
| Fund manager | Role | Managing since |
|---|---|---|
| Venugopal Manghat | 24 Nov 2012 | |
| Mayank Chaturvedi | 1 Oct 2025 | |
| Dipan S. Parikh | 26 Aug 2026 |
Objective: 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.
Stated asset allocation: Equity & Equity related securities: 80% -100%, Money market instruments and other liquid instruments: 0%-20%, Units of InvITs : 0%-10%, Units of Gold and Silver ETFs : 0%- 20%
Benchmark (tier 1): Nifty 500 TRI
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 application: ₹5,000
Allotment date: 8 Jan 2010
Documents: Scheme Information Document · Scheme Summary Document. Read the scheme documents before investing.
Cost, size and riskometer as disclosed to AMFI
| Measure | Scheme | Category median |
|---|---|---|
| Expense ratio (TER), Regular plan | 1.84% | 2.30% |
| AUM, whole scheme (₹ crore) | 14,660 | 1,217 |
| Riskometer | Very High | – |
TER: AMFI, TER of MF Schemes. AUM and riskometer: AMFI, Fund Performance, 30 Sep 2026.
Official benchmark and category consistency
| Measure | Scheme | Benchmark / category |
|---|---|---|
| Return, 1 year (AMFI) | 1.0% | -2.0% TRI |
| Return, 3 years (AMFI) | 13.3% | 9.5% TRI |
| Return, 5 years (AMFI) | 13.9% | 9.0% TRI |
Official benchmark: Nifty 500 TRI (total return index, as published by AMFI). Category consistency: last 10 years of month-ends, Value Regular plans; how it is calculated.
Calendar-year returns NAV change from 31 Dec to 31 Dec
| Year | Scheme | Nifty 500 proxy | Difference |
|---|---|---|---|
| 2026 YTD | -5.7% | -7.8% | +2.1% |
| 2025 | 7.0% | 7.7% | −0.7% |
| 2024 | 25.9% | 15.6% | +10.3% |
| 2023 | 39.4% | 26.5% | +12.8% |
Benchmark proxy: Motilal Oswal Nifty 500 Index Fund (Direct plan NAV, price return), which carries its own costs. The first year starts from the first 31 December in the scheme's history.
Monthly SIP of ₹10,000 first business day of each month, ending 1 Oct 2026
| Period | Invested | Value | XIRR |
|---|---|---|---|
| 1 year | ₹1,20,000 | ₹1,16,045 | -6.0% |
| 3 years | ₹3,60,000 | ₹3,81,769 | 3.8% |
Uses this plan's NAVs; ignores stamp duty, exit loads and taxes. One historical path only — the interactive SIP analyzer shows outcomes across every start date.
Scheme facts
AMC: HSBC Mutual Fund
Category: Value
Plan / option: Regular · Growth
AMFI scheme code: 151110
ISIN: INF677K01023
First NAV in MFIC data: 28 Nov 2022
History: 3.8 years
Portfolio holdings: see the scheme's monthly portfolio disclosure on the fund house website
Schemes that behaved similarly correlation of monthly returns, last 5 years
| Scheme | Category | Correlation | 3Y CAGR |
|---|---|---|---|
| Bandhan Business Cycle Fund | Sectoral/Thematic | 0.97 | n/a |
| Edelweiss Multi Cap Fund | Multi Cap | 0.97 | n/a |
| Union Value Fund | Value | 0.97 | 9.6% |
| Kotak Contra Fund | Contra | 0.97 | 12.1% |
| Mirae Asset Multicap Fund | Multi Cap | 0.97 | 10.6% |
| Bajaj Finserv Large & Mid Cap Fund | Large & Mid Cap | 0.97 | n/a |
Questions about HSBC Value Fund
- What is the latest NAV of HSBC Value Fund?
- The NAV of the Regular plan (growth option) was ₹108.4083 on 1 Oct 2026, as published by AMFI.
- Which category is HSBC Value Fund in?
- It is classified as Value in AMFI's daily NAV file. MFIC compares it with 24 Value schemes (Regular plans).
- What returns has HSBC Value Fund delivered?
- Over one year the NAV changed by -0.7%. The 3-year CAGR is 13.0% (category median 10.0%). Returns are after expenses and before tax. Past performance may or may not be sustained in future.
- How consistent have its 3-year returns been?
- Measuring a 3-year CAGR from every business day in its history, the median was 20.7%, the lowest was 13.0%, and 100% of 3-year periods ended with a gain. It was ahead of Nifty 500 (index-fund proxy) in 100% of those periods.
- What was the largest fall in HSBC Value Fund's NAV?
- The largest peak-to-trough fall in its available history was 19.9%.
- How volatile is HSBC Value Fund?
- Its annualised standard deviation of monthly returns over the last 36 months is 16.6%, which is above the Value category median of 15.4%.
- What would a monthly SIP in HSBC Value Fund have grown to?
- A SIP of ₹10,000 on the first business day of each month for the last 3 years (36 instalments, ₹3,60,000 invested) would have been worth about ₹3,81,769 on 1 Oct 2026, an annualised return (XIRR) of 3.8%. This uses the Regular plan's NAVs, ignores taxes and exit loads, and past performance may or may not be sustained in future.
- What is the expense ratio (TER) of HSBC Value Fund?
- The total expense ratio of the Regular plan is 1.84% a year, as disclosed to AMFI (median of Value Regular plans: 2.30%). It is already deducted from the NAV, so every return shown is after expenses.
- How large is HSBC Value Fund?
- Assets under management of the whole scheme were ₹14,660 crore on 30 Sep 2026, as published by AMFI.
- What is the riskometer level of HSBC Value Fund?
- AMFI lists the scheme's riskometer as “Very High”, and its benchmark's as “Very High”. The riskometer is a label of potential risk set under SEBI rules, not a forecast.
- What is the benchmark of HSBC Value Fund and how has it compared?
- Its official benchmark is the Nifty 500 TRI. Over 3 years AMFI reports a return of 13.3% for this plan against 9.5% for the benchmark total return index; over 5 years 13.9% against 9.0%. Past performance does not indicate future results.
- Who manages HSBC Value Fund?
- According to its Scheme Summary Document, HSBC Value Fund is managed by Venugopal Manghat (since 24 Nov 2012), Mayank Chaturvedi (since 1 Oct 2025), Dipan S. Parikh (since 26 Aug 2026).
- What is the exit load of HSBC Value Fund?
- As stated in its scheme documents: 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. Check the latest Scheme Information Document before investing, as loads can change.
- What is the minimum investment in HSBC Value Fund?
- The minimum application amount is ₹5,000. SIP details: SIP - 500 Daily 6; 500 Weekly 6; 500 Monthly 6; 1500 Quarterly 4 ; Minimum Aggregate Amount: Rs. 6,000/- in multiples of Re.1.SWP - 500 STP - 500;The minimum amount required under the source scheme for registering STP is Rs. 6,000..
- What is the difference between the Direct and Regular plans?
- Both plans hold the same portfolio; the Regular plan includes distribution costs in its expense ratio. Over one year the Direct plan's NAV changed by 0.3% and the Regular plan's by -0.7%. The Regular plan includes the services of a distributor.
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Data & disclosure. Source: AMFI daily NAV file and historical NAVs via mfapi.in; calculations by MFIC, as of 1 Oct 2026. Category medians use Regular plans in the same AMFI category. Mutual fund investments are subject to market risks; read all scheme-related documents carefully. Past performance may or may not be sustained in future. This page is for research and education only and is not investment advice or a recommendation to buy, sell or hold any scheme. Integrato Financial Services Pvt. Ltd. is an AMFI-registered Mutual Fund Distributor (ARN-173155). Methodology.