HSBC Focused Fund
HSBC Mutual Fund · Focused · Regular plan, growth option
NAV (₹), 1 Oct 2026
26.1668
1-day change
-1.00%
1Y return
4.5%
3Y CAGR
12.2%
5Y CAGR
10.2%
Max drawdown, 5Y
−21.8%
NAV history month-end NAV, ₹ · 29 Jul 2020 to 1 Oct 2026
Returns vs Focused median (28 schemes)
| Period | Scheme | Category median |
|---|---|---|
| 1 month | -4.9% | -5.8% |
| 3 months | 0.1% | -3.7% |
| 6 months | 13.0% | 9.5% |
| Year to date | 0.8% | -4.9% |
| 1 year | 4.5% | -1.1% |
| 3 years (CAGR) | 12.2% | 9.4% |
| 5 years (CAGR) | 10.2% | 9.5% |
| 7 years (CAGR) | n/a | 13.9% |
| 10 years (CAGR) | n/a | 11.8% |
| Since first NAV (CAGR) | 16.9% | – |
Rolling returns every business-day start date
| Measure | Scheme | Category median |
|---|---|---|
| 1Y rolling median | 11.5% | 10.6% |
| 3Y rolling median | 17.0% | 14.6% |
| 3Y rolling worst | 9.7% | 4.2% |
| 3Y periods positive | 100% | 100% |
| 3Y periods ahead of benchmark | 50% | 49% |
| 5Y rolling median | 13.9% | 14.8% |
| 5Y rolling worst | 10.2% | 2.6% |
| 5Y periods ahead of benchmark | 45% | 42% |
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.) | 17.0% | 15.4% |
| Sharpe ratio | 0.40 | 0.28 |
| Sortino ratio | 0.57 | 0.40 |
| Beta | 1.02 | 0.94 |
| Alpha (ann.) | 3.3% | 1.0% |
| Upside capture | 112.40 | 99.87 |
| Downside capture | 97.66 | 95.37 |
Drawdowns peak-to-trough falls in NAV
| Measure | Scheme | Category median |
|---|---|---|
| Maximum drawdown, full history | −21.8% | −34.9% |
| Maximum drawdown, last 10Y | n/a | −37.5% |
| Maximum drawdown, last 5Y | −21.8% | −20.4% |
| Current drawdown | −6.5% | −8.3% |
| Recovery time of worst fall | 369 days | – |
Longer histories include more crises, so compare the 5Y and 10Y figures across schemes of different ages.
Market context from Integrato Market Intelligence
This scheme invests mainly in the market below, which is also close to how many of them are benchmarked. Where that market stands today:
21,857.75 −0.97%
NSE close, 1 Oct 2026
- P/E 21.6
- 1Y −3.9% · 3Y +8.9% p.a. · 5Y +8.6% p.a. (index fund NAV, after costs)
- −9.3% from its 52-week high
Index levels and P/E: NSE daily index closing values; gold and silver: IBJA rates; returns: growth NAV of an index fund or ETF tracking the market (AMFI), so they are after that fund's costs. Context only: a market's level or valuation does not tell you how any scheme will perform. Explore all markets.
Direct or Regular for this scheme?
The Regular plan's expense ratio is 2.26% a year and the Direct plan's 1.08%, a gap of 1.18%; over the last 3 years the Direct plan returned 1.32 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 ₹26,44,869.
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.
Fund managers and scheme facts Scheme Summary Document via AMFI
| Fund manager | Role | Managing since |
|---|---|---|
| Neelotpal Sahai | Primary | n/a |
| Sonal Gupta | Primary - For Equity | n/a |
| Mayank Chaturvedi | For Overseas Investment | n/a |
| Dipan S. Parikh | For Investment in Gold / Silver ETFs | n/a |
Objective: To seek long term capital growth through investments in a concentrated portfolio of equity & equity related instruments of up to 30 companies across market capitalization. However, there is no assurance that the investment objective of the Scheme will be achieved.
Stated asset allocation: Equities and Equity related securities- 80%-100%; Money market instruments and other liquid instruments -0%-20%; Units issued by InvITs-0%- 10%; Units of Gold and Silver ETFs - 0%- 20% * Subject to overall limit of 30 stocks across market capitalization.
Benchmark (tier 1): Nifty 500 TRI
Exit load: 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 A switch-out or a withdrawal under SWP may also attract an Exit Load like any Redemption. No Exit load will be chargeable in case of switches made between different options of the Scheme. No Exit load will be chargeable in case of Units al…
Minimum application: Rs. 5,000 per application
Allotment date: 22 Jul 2020
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 | 2.26% | 2.21% |
| AUM, whole scheme (₹ crore) | 1,751 | 2,407 |
| 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) | 6.9% | -2.0% TRI |
| Return, 3 years (AMFI) | 12.6% | 9.5% TRI |
| Return, 5 years (AMFI) | 9.8% | 9.0% TRI |
| Month-ends above category median (3Y CAGR) | 62% | 48% median |
| Month-ends in category top quartile (3Y) | 3% | 13% median |
Official benchmark: Nifty 500 TRI (total return index, as published by AMFI). Category consistency: last 10 years of month-ends, Focused 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 | 0.8% | -7.8% | +8.5% |
| 2025 | 1.8% | 7.7% | −5.8% |
| 2024 | 22.8% | 15.6% | +7.2% |
| 2023 | 29.3% | 26.5% | +2.8% |
| 2022 | -2.0% | 3.8% | −5.8% |
| 2021 | 29.8% | 30.6% | −0.8% |
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 | ₹1,22,880 | 4.5% |
| 3 years | ₹3,60,000 | ₹3,98,566 | 6.7% |
| 5 years | ₹6,00,000 | ₹7,90,001 | 10.9% |
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: Focused
Plan / option: Regular · Growth
AMFI scheme code: 148409
ISIN: INF336L01PE6
First NAV in MFIC data: 29 Jul 2020
History: 6.2 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 |
|---|---|---|---|
| Franklin India Multi Cap Fund | Multi Cap | 0.98 | n/a |
| PGIM India Multi Cap Fund | Multi Cap | 0.97 | n/a |
| WhiteOak Capital Multi Cap Fund | Multi Cap | 0.97 | 15.4% |
| Union ELSS Tax Saver Fund (Formerly Union Tax Saver (ELSS) Fund | ELSS | 0.97 | 8.3% |
| WhiteOak Capital Special Opportunities Fund | Sectoral/Thematic | 0.97 | n/a |
| BANDHAN INNOVATION FUND | Sectoral/Thematic | 0.97 | n/a |
Questions about HSBC Focused Fund
- What is the latest NAV of HSBC Focused Fund?
- The NAV of the Regular plan (growth option) was ₹26.1668 on 1 Oct 2026, as published by AMFI.
- Which category is HSBC Focused Fund in?
- It is classified as Focused in AMFI's daily NAV file; a Focused scheme holds at most 30 stocks. MFIC compares it with 28 Focused schemes (Regular plans).
- What returns has HSBC Focused Fund delivered?
- Over one year the NAV changed by 4.5%. The 3-year CAGR is 12.2% (category median 9.4%) and the 5-year CAGR is 10.2% (category median 9.5%). 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 17.0%, the lowest was 9.7%, and 100% of 3-year periods ended with a gain. It was ahead of Nifty 500 (index-fund proxy) in 50% of those periods.
- What was the largest fall in HSBC Focused Fund's NAV?
- The largest peak-to-trough fall in its available history was 21.8%; within the last five years it was 21.8% (category median 20.4%).
- How volatile is HSBC Focused Fund?
- Its annualised standard deviation of monthly returns over the last 36 months is 17.0%, which is above the Focused category median of 15.4%.
- What would a monthly SIP in HSBC Focused Fund have grown to?
- A SIP of ₹10,000 on the first business day of each month for the last 5 years (60 instalments, ₹6,00,000 invested) would have been worth about ₹7,90,001 on 1 Oct 2026, an annualised return (XIRR) of 10.9%. 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 Focused Fund?
- The total expense ratio of the Regular plan is 2.26% a year, as disclosed to AMFI (median of Focused Regular plans: 2.21%). It is already deducted from the NAV, so every return shown is after expenses.
- How large is HSBC Focused Fund?
- Assets under management of the whole scheme were ₹1,751 crore on 30 Sep 2026, as published by AMFI.
- What is the riskometer level of HSBC Focused 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 Focused Fund and how has it compared?
- Its official benchmark is the Nifty 500 TRI. Over 3 years AMFI reports a return of 12.6% for this plan against 9.5% for the benchmark total return index; over 5 years 9.8% against 9.0%. Past performance does not indicate future results.
- How often has HSBC Focused Fund beaten its category?
- At 62% of the 39 month-ends compared over the last 10 years, its 3-year return was above the median of Focused schemes (Regular plans); it was in the top quarter at 3% of them. A typical scheme would show about 50%.
- Who manages HSBC Focused Fund?
- According to its Scheme Summary Document, HSBC Focused Fund is managed by Neelotpal Sahai, Sonal Gupta, Mayank Chaturvedi, Dipan S. Parikh.
- What is the exit load of HSBC Focused Fund?
- As stated in its scheme documents: 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 A switch-out or a withdrawal under SWP may also attract an Exit Load like any Redemption. No Exit load will be chargeable in case of switches made between different options of the Scheme. No Exit load will be chargeable in case of Units al… Check the latest Scheme Information Document before investing, as loads can change.
- What is the minimum investment in HSBC Focused Fund?
- The minimum application amount is Rs. 5,000 per application. 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 5.7% and the Regular plan's by 4.5%. 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.