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hsbc multi cap fund direct growth
HSBC Multi Cap Fund Direct Growth

HSBC Multi Cap Fund Direct Growth

  • Very High Risk
  • Equity
  • Multi-Cap
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NAV as on Jul 13, 2026
i
Price per unit of the scheme.
₹ 20.7466-0.24%1 Day Change
3.90%
Minimum Investment₹5000
Expense Ratio0.74%

FUND RATING

A holistic measure of the rank of a fund relative to its peers. Top funds receive a score of 5.
*Morningstar Rating Methodologyi
i

RISK-O-METER

Level of risk associated with a mutual fund to help investors make informed investment decisions
 

FUND PERFORMANCE

As On Jan 01, 2023
Compare fund’s performance against category average across different time periods


No Data Found.
Returns <= 1 year are absolute and > 1 year are annualised (CAGR)
For calculating Category Return & Scheme Ranking, only Growth & Direct schemes are considered.

FUND COMPARISON

1M3M6M1Y3Y5Y
This Fund
HSBC Multi Cap Fund Direct Growth
VS
Equity: Multi-Cap Average NAV
    Topper in Equity: Multi-Cap
    All Fund


    No Data Found.
    *For the other fund, rescaled NAVs are used
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    RETURN CALCULATOR

    Check the return on your investment in the fund
    HSBC Multi Cap Fund Direct Growth
    Investment Type
    Monthly Investment
    Time Period (yrs)
    Annual Return in %
    • Invested Amount
      ₹0
    • Return
      ₹0
    • Current Value
      ₹0

    FUND SUMMARY

    Benchmark
    Nifty 500 Multicap 50:25:25 TR INR
    Expense Ratio
    0.74%
    Category Avg Expense Ratio
    0.74%
    Minimum Investment (Lumpsum/SIP)
    ₹ 5000 /₹ 1000
    Lock In (Years)
    No Lock-in
    Fund Size
    ₹ 5,620.77 Cr(As on May, 2026)
    Inception Date
    Jan 30, 2023
    Turnover
    - %
    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

    ABOUT THE FUND

    Objective: The investment objective of the Fund is to generate long-term capital growth from an actively managed portfolio of equity and equity related securities across market capitalization. However, there can be no assurance or guarantee that the investment objective of the scheme would be achieved.

    HSBC Multi Cap Fund Direct Growth is an Equity - Multi-Cap fund. The fund was launched inJan 30, 2023. Its risk level is . The NAV of the fund as onJul 13, 2026 is ₹20.75. Its expense ratio is 0.74 %. The fund has an AUM of ₹5,620.77 Cr.The fund is managed byKapil Punjabi,Venugopal Manghat,Sonal Gupta,Neelotpal Sahai,Gautam Bhupal,Mahesh Chhabria,Mayank Chaturvedi.
    The minimum initial investment is  ₹5000 in Lumpsum mode.

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    FUND MANAGER

    Venugopal Manghat
    Venugopal Manghat
    i
    Lead Fund Manager.
    Jan 30, 2023 - Present
    • Fund Manager Rank2Out of 19
      i
      Rank measured on the basis of consistent alpha the fund manager delivered in the same category over a period of three years (factors only Direct plan, Growth option)
    • Schemes managed7
    • Total AUM₹ 60,416.57 Cr
    • Highest Return In 1 Yr19.39 %
    Other Funds
    • table
    • card
    1M
    3M
    6M
    1Y
    3Y
    5Y
    Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size
    HSBC Business Cycles Direct Growth
    ₹ 47.90
    4.83%
    -%
    Very High Risk
    ₹1,142.20Cr
    HSBC Small Cap Fund Fund Direct Growth
    ₹ 98.32
    5.98%
    6.35%
    Very High Risk
    ₹16,876.72Cr
    HSBC Multi Cap Fund Direct Growth
    --
    ₹ 20.75
    3.90%
    4.29%
    Very High Risk
    ₹5,620.77Cr
    HSBC Business Cycles Direct Growth
    Very High Risk
    • NAV₹ 47.90
    • Fund Size₹1,142.20Cr
    Fund Return4.83%
    Category Return--
    HSBC Small Cap Fund Fund Direct Growth
    Very High Risk
    • NAV₹ 98.32
    • Fund Size₹16,876.72Cr
    Fund Return5.98%
    Category Return6.35%
    HSBC Multi Cap Fund Direct Growth
    Very High Risk--
    • NAV₹ 20.75
    • Fund Size₹5,620.77Cr
    Fund Return3.90%
    Category Return4.29%
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)
    Kapil Punjabi
    Kapil Punjabi
    i
    Lead Fund Manager.
    Jan 30, 2023 - Present
    • Schemes managed16
    • Total AUM₹ 50,243.90 Cr
    • Highest Return In 1 Yr21.12 %
    Other Funds
    • table
    • card
    1M
    3M
    6M
    1Y
    3Y
    5Y
    Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size
    HSBC Medium Duration Fund Direct Growth
    ₹ 23.83
    1.05%
    0.98%
    Moderate Risk
    ₹698.65Cr
    HSBC Credit Risk Fund Direct Plan Growth
    ₹ 37.41
    0.75%
    0.89%
    Moderate Risk
    ₹470.99Cr
    HSBC Money Market Fund Direct Plan Growth Option
    ₹ 29.56
    0.80%
    0.64%
    Low to Moderate Risk
    ₹5,803.77Cr
    HSBC Medium Duration Fund Direct Growth
    Moderate Risk
    • NAV₹ 23.83
    • Fund Size₹698.65Cr
    Fund Return1.05%
    Category Return0.98%
    HSBC Credit Risk Fund Direct Plan Growth
    Moderate Risk
    • NAV₹ 37.41
    • Fund Size₹470.99Cr
    Fund Return0.75%
    Category Return0.89%
    HSBC Money Market Fund Direct Plan Growth Option
    Low to Moderate Risk
    • NAV₹ 29.56
    • Fund Size₹5,803.77Cr
    Fund Return0.80%
    Category Return0.64%
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)
    Sonal Gupta
    Sonal Gupta
    i
    Lead Fund Manager.
    Jan 30, 2023 - Present
    • Schemes managed23
    • Total AUM₹ 83,043.53 Cr
    • Highest Return In 1 Yr59.71 %
    Other Funds
    • table
    • card
    1M
    3M
    6M
    1Y
    3Y
    5Y
    Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size
    HSBC Business Cycles Direct Growth
    ₹ 47.90
    4.83%
    -%
    Very High Risk
    ₹1,142.20Cr
    HSBC Global Equity Climate Change Fund of Fund Direct Growth
    --
    ₹ 12.41
    -0.90%
    -%
    Very High Risk
    ₹53.35Cr
    HSBC Asia Pacific(Ex Japan) Dividend Yield Fund Direct Growth
    --
    ₹ 38.66
    -2.43%
    -%
    Very High Risk
    ₹77.11Cr
    HSBC Business Cycles Direct Growth
    Very High Risk
    • NAV₹ 47.90
    • Fund Size₹1,142.20Cr
    Fund Return4.83%
    Category Return--
    HSBC Global Equity Climate Change Fund of Fund Direct Growth
    Very High Risk--
    • NAV₹ 12.41
    • Fund Size₹53.35Cr
    Fund Return-0.90%
    Category Return--
    HSBC Asia Pacific(Ex Japan) Dividend Yield Fund Direct Growth
    Very High Risk--
    • NAV₹ 38.66
    • Fund Size₹77.11Cr
    Fund Return-2.43%
    Category Return--
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)
    Neelotpal Sahai
    Neelotpal Sahai
    i
    Lead Fund Manager.
    Oct 1, 2023 - Present
    • Schemes managed10
    • Total AUM₹ 22,901.51 Cr
    • Highest Return In 1 Yr14.75 %
    Other Funds
    • table
    • card
    1M
    3M
    6M
    1Y
    3Y
    5Y
    Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size
    HSBC Focused Fund Direct Growth
    --
    ₹ 28.77
    4.55%
    4.51%
    Very High Risk
    ₹1,679.42Cr
    HSBC Balanced Advantage Fund Direct Plan Growth Option
    ₹ 51.46
    2.33%
    2.55%
    High Risk
    ₹1,492.28Cr
    HSBC Large Cap Fund - Growth Direct
    ₹ 531.09
    3.89%
    3.05%
    Very High Risk
    ₹1,758.08Cr
    HSBC Focused Fund Direct Growth
    Very High Risk--
    • NAV₹ 28.77
    • Fund Size₹1,679.42Cr
    Fund Return4.55%
    Category Return4.51%
    HSBC Balanced Advantage Fund Direct Plan Growth Option
    High Risk
    • NAV₹ 51.46
    • Fund Size₹1,492.28Cr
    Fund Return2.33%
    Category Return2.55%
    HSBC Large Cap Fund - Growth Direct
    Very High Risk
    • NAV₹ 531.09
    • Fund Size₹1,758.08Cr
    Fund Return3.89%
    Category Return3.05%
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)
    Gautam Bhupal
    Gautam Bhupal
    i
    Lead Fund Manager.
    Apr 1, 2024 - Present
    • Schemes managed12
    • Total AUM₹ 37,422.64 Cr
    • Highest Return In 1 Yr14.75 %
    Other Funds
    • table
    • card
    1M
    3M
    6M
    1Y
    3Y
    5Y
    Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size
    HSBC Tax Saver Equity Fund Direct Growth
    ₹ 102.58
    -5.42%
    -4.00%
    Very High Risk
    ₹243.60Cr
    HSBC Business Cycles Direct Growth
    ₹ 47.90
    4.83%
    -%
    Very High Risk
    ₹1,142.20Cr
    HSBC Managed Solutions India Moderate Growth Direct
    ₹ 43.89
    1.85%
    -%
    High Risk
    ₹98.07Cr
    HSBC Tax Saver Equity Fund Direct Growth
    Very High Risk
    • NAV₹ 102.58
    • Fund Size₹243.60Cr
    Fund Return-5.42%
    Category Return-4.00%
    HSBC Business Cycles Direct Growth
    Very High Risk
    • NAV₹ 47.90
    • Fund Size₹1,142.20Cr
    Fund Return4.83%
    Category Return--
    HSBC Managed Solutions India Moderate Growth Direct
    High Risk
    • NAV₹ 43.89
    • Fund Size₹98.07Cr
    Fund Return1.85%
    Category Return--
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)
    Mahesh Chhabria
    Mahesh Chhabria
    i
    Lead Fund Manager.
    Feb 1, 2025 - Present
    • Schemes managed16
    • Total AUM₹ 48,887.85 Cr
    • Highest Return In 1 Yr21.12 %
    Other Funds
    • table
    • card
    1M
    3M
    6M
    1Y
    3Y
    5Y
    Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size
    HSBC Banking & PSU Debt fund Direct Plan Growth Option
    ₹ 27.11
    0.86%
    0.78%
    Moderate Risk
    ₹3,967.36Cr
    HSBC Low Duration Fund Direct Plan Growth Option
    ₹ 32.35
    0.72%
    0.61%
    Low to Moderate Risk
    ₹1,012.45Cr
    HSBC Balanced Advantage Fund Direct Plan Growth Option
    ₹ 51.46
    2.33%
    2.55%
    High Risk
    ₹1,492.28Cr
    HSBC Banking & PSU Debt fund Direct Plan Growth Option
    Moderate Risk
    • NAV₹ 27.11
    • Fund Size₹3,967.36Cr
    Fund Return0.86%
    Category Return0.78%
    HSBC Low Duration Fund Direct Plan Growth Option
    Low to Moderate Risk
    • NAV₹ 32.35
    • Fund Size₹1,012.45Cr
    Fund Return0.72%
    Category Return0.61%
    HSBC Balanced Advantage Fund Direct Plan Growth Option
    High Risk
    • NAV₹ 51.46
    • Fund Size₹1,492.28Cr
    Fund Return2.33%
    Category Return2.55%
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)
    Mayank Chaturvedi
    Mayank Chaturvedi
    i
    Lead Fund Manager.
    Oct 1, 2025 - Present
    • Schemes managed16
    • Total AUM₹ 81,355.38 Cr
    • Highest Return In 1 Yr19.39 %
    Other Funds
    • table
    • card
    1M
    3M
    6M
    1Y
    3Y
    5Y
    Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size
    HSBC Focused Fund Direct Growth
    --
    ₹ 28.77
    4.55%
    4.51%
    Very High Risk
    ₹1,679.42Cr
    HSBC Balanced Advantage Fund Direct Plan Growth Option
    ₹ 51.46
    2.33%
    2.55%
    High Risk
    ₹1,492.28Cr
    HSBC Flexi Cap Fund Growth Direct
    ₹ 255.48
    3.43%
    4.36%
    Very High Risk
    ₹5,538.48Cr
    HSBC Focused Fund Direct Growth
    Very High Risk--
    • NAV₹ 28.77
    • Fund Size₹1,679.42Cr
    Fund Return4.55%
    Category Return4.51%
    HSBC Balanced Advantage Fund Direct Plan Growth Option
    High Risk
    • NAV₹ 51.46
    • Fund Size₹1,492.28Cr
    Fund Return2.33%
    Category Return2.55%
    HSBC Flexi Cap Fund Growth Direct
    Very High Risk
    • NAV₹ 255.48
    • Fund Size₹5,538.48Cr
    Fund Return3.43%
    Category Return4.36%
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

    DETAILED PORTFOLIO

    As on Jun, 2026
    EQUITY (98.38%)
    DEBT (-%)
    CASH (1.62%)
    Allocation by Market Cap
    Large Cap(40.23%)
    Mid Cap(25.58%)
    Small Cap(32.57%)
    Industry Holdings
    • Banks Regional15.43%
    • Diversified Industrials9.73%
    • Drug Manufacturers Specialty Generic6.31%
    • Auto Manufacturers4.79%
    • Electrical Equipment Parts4.52%
    • Engineering Construction3.57%
    Stock Holdings
    • HDFC Bank Ltd3.46%
    • The Federal Bank Ltd2.61%
    • ICICI Bank Ltd2.39%
    • Reliance Industries Ltd2.20%
    • State Bank of India2.08%
    • Apar Industries Ltd2.03%

    PERFORMANCE MEASURES

    Fund evaluation across critical parameters for better decision making. Study period is 3 years.
    • Consistency
      i
      It represents the consistency of a fund in beating its benchmark.
    • Downside Risk
      i
      Measured by Maximum Drawdown which shows the maximum loss from a peak to a nadir over a specified time period
    • Risk Adjusted Return
      i
      Risk adjusted return represents the return generated after factoring the risk taken to achieve it.
    • Volatility
      i
      Volatility represents the standard deviation of fund returns that is, how much the fund returns have deviated from the average.
    • Upside Capture Ratio
      i
      Fund performance relative to the index when the market is up. An upside capture ratio of >100 indicates better fund performance.
    • Downside Capture Ratio
      i
      Fund performance relative to the index when the market is down. A downside capture ratio of <100 indicates better fund performance.

    HISTORICAL RISK MEASURES

    Statistical measures to evaluate mutual fund risk. All ratios are calculated for a three-year time duration.
    • Alpha: Excess return of the fund over benchmark
      i
      Any Alpha above zero is considered good. However, for comparison, a fund with a higher Alpha is considered better. Alpha is normally used in conjunction with Beta. If the Beta is high, it implies that the fund manager took a high risk to generate Alpha.
      5.34
      This Fund
      VS
      1.22
      Category Avg
    • R-Squared: How well the fund tracks benchmark
      i
      R-Squared measures the correlation of fund returns and its benchmark returns. It varies between 0 and 1. The metric, Beta makes no sense if R-Squared is equal to zero. Thus, both Beta and R-Squared should be used in conjunction. A fund with a high R-Squared and low Beta is considered a less risky fund.
      94.24
      This Fund
      VS
      94.49
      Category Avg
    • Beta: Risk of the fund in relation to benchmark
      i
      Beta >1 indicates that the fund is more volatile than its benchmark while Beta < 1 indicates that the fund is less volatile than its benchmark. The Beta of the benchmark is equal to 1.
      1.03
      This Fund
      VS
      0.96
      Category Avg
    • Sharpe Ratio: Risk adjusted return of the fund
      i
      Sharpe Ratio is a measure of return per unit of risk. A higher Sharpe ratio indicates better risk adjusted return given by the fund.
      0.86
      This Fund
      VS
      0.62
      Category Avg
    • Sortino Ratio: Return per unit of bad risk
      i
      A variation of Sharpe ratio, Sortino considers only the downside risk. Unlike Sharpe ratio which considers both good risk and bad risk, Sortino factors only the bad risk. A high Sortino ratio indicates better return for each unit of downside risk.
      1.38
      This Fund
      VS
      0.96
      Category Avg
    • Standard Devation: Volatility of the fund
      i
      Standard deviation is a measure of dispersion of fund returns from its average return. A fund with a higher Standard deviation is more volatile than a fund with a low standard deviation.
      17.55
      This Fund
      VS
      16.39
      Category Avg
    Benchmark used in calculation : S&P BSE 500 India TR INR

    PEER ANALYSIS

    1M
    3M
    6M
    1Y
    3Y
    5Y
    • card
    • table
    Fund NameMorningstar RatingNAV Fund Return Category ReturnRisk Fund Size
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

    TOP FUNDS FROM THIS AMC

    1M
    3M
    6M
    1Y
    3Y
    5Y
    • card
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    Fund NameMorningstar RatingNAV Fund Return Category Return Risk Fund Size (Cr)
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

    ABOUT THE AMC

    company icon
    HSBC Asset Management (India) Private Ltd
    HSBC Asset Management (India) Private Ltd manages assets worth ₹ 1,42,319.56 crores. It’s current offering of mutual fund schemes includes 21 equity, 13 debt and 9 hybrid schemes.
    phone icon
    Phone
    +91 22 66145000
    mail icon
    Email
    hsbcmf@hsbc.co.in
    aum
    AUM
    ₹ 1,42,319.56 Cr (
    As on May 31, 2026
    )
    location
    Address
    16, V N Road, Mumbai,400 001

    FAQs

    What is the category of HSBC Multi Cap Fund Direct Growth ?
    The category of HSBC Multi Cap Fund Direct Growth is Equity - Multi-Cap
    What is the current NAV of HSBC Multi Cap Fund Direct Growth ?
    The current NAV of HSBC Multi Cap Fund Direct Growth as on Jul 13, 2026 is ₹20.75
    How safe is HSBC Multi Cap Fund Direct Growth ?
    The risk level of HSBC Multi Cap Fund Direct Growth is Very High.
    What are short term returns given by HSBC Multi Cap Fund Direct Growth ?
    The return given by HSBC Multi Cap Fund Direct Growth in 1 month is 3.90%, 3 months is 10.28%, 6 months is 7.04%, and 1 year is 8.04%
    What are the long term returns given by HSBC Multi Cap Fund Direct Growth ?
    The return given by HSBC Multi Cap Fund Direct Growth in 3 years is 21.47% and 5 years is --.
    What is the expense ratio of HSBC Multi Cap Fund Direct Growth ?
    The expense ratio of HSBC Multi Cap Fund Direct Growth is 0.74%
    What is the AUM of HSBC Multi Cap Fund Direct Growth ?
    The assets under Management (AUM) of HSBC Multi Cap Fund Direct Growth is Rs 5,620.77 crores.
    What is the minimum investment in HSBC Multi Cap Fund Direct Growth ?
    The minimum Lumpsum investment in HSBC Multi Cap Fund Direct Growth is ₹5,000.00 and the minimum SIP investment in HSBC Multi Cap Fund Direct Growth is ₹1,000.00
    What is the asset allocation of HSBC Multi Cap Fund Direct Growth?
    HSBC Multi Cap Fund Direct Growth has an exposure of 98.38% in Equity and 1.62% in Cash & Money Market Securities

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