Dezerv

Fund Overview

Fund Size

Fund Size

₹622 Cr

Expense Ratio

Expense Ratio

1.03%

ISIN

ISIN

INF336L01RU8

Minimum SIP

Minimum SIP

₹1,000

Exit Load

Exit Load

1.00%

Inception Date

Inception Date

27 Feb 2025

About this fund

This fund has been in existence for 3 months and 23 days, having been launched on 27-Feb-25.
As of 18-Jun-25, it has a Net Asset Value (NAV) of ₹11.52, Assets Under Management (AUM) of 621.82 Crores, and an expense ratio of 1.03%.
  • HSBC Financial Services Fund Direct Growth has given a CAGR return of 15.16% since inception.
  • The fund's asset allocation comprises around 86.14% in equities, 0.00% in debts, and 13.86% in cash & cash equivalents.
  • You can start investing in HSBC Financial Services Fund Direct Growth with a SIP of ₹1000 or a Lumpsum investment of ₹5000.

Performance against Category Average

In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.

Since Inception

+15.16%

(Cat Avg.)

Portfolio Summaryas of 31st May 2025

Equity535.66 Cr86.14%
Others86.15 Cr13.86%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
TrepsCash - Repurchase Agreement85.51 Cr13.75%
HDFC Bank LtdEquity46.77 Cr7.52%
ICICI Bank LtdEquity46.53 Cr7.48%
Nippon Life India Asset Management Ltd Ordinary SharesEquity41.29 Cr6.64%
State Bank of IndiaEquity34.04 Cr5.47%
PB Fintech LtdEquity29.82 Cr4.80%
Axis Bank LtdEquity29.7 Cr4.78%
Shriram Finance LtdEquity28.27 Cr4.55%
Kotak Mahindra Bank LtdEquity26.41 Cr4.25%
Multi Commodity Exchange of India LtdEquity24 Cr3.86%
HDFC Asset Management Co LtdEquity22.19 Cr3.57%
KFin Technologies LtdEquity21.93 Cr3.53%
Cholamandalam Investment and Finance Co LtdEquity17.35 Cr2.79%
PNB Housing Finance LtdEquity16.81 Cr2.70%
Karur Vysya Bank LtdEquity16.63 Cr2.67%
Bajaj Finance LtdEquity16.54 Cr2.66%
Housing & Urban Development Corp LtdEquity15.95 Cr2.56%
Max Financial Services LtdEquity15.75 Cr2.53%
Power Finance Corp LtdEquity12.97 Cr2.09%
Bank of BarodaEquity12.23 Cr1.97%
The Federal Bank LtdEquity11.71 Cr1.88%
Bajaj Housing Finance LtdEquity10.71 Cr1.72%
SBI Cards and Payment Services Ltd Ordinary SharesEquity10.59 Cr1.70%
Indian Energy Exchange LtdEquity9.25 Cr1.49%
UTI Asset Management Co LtdEquity9.25 Cr1.49%
CMS Info Systems LtdEquity8.97 Cr1.44%
Net Current Assets (Including Cash & Bank Balances)Cash0.65 Cr0.10%

Allocation By Market Cap (Equity)

Large Cap Stocks

45.27%

Mid Cap Stocks

23.69%

Small Cap Stocks

17.18%

Other Allocation

Equity Sector

Debt & Others

SectorAmount sortHoldings sort
Financial Services504.76 Cr81.18%
Technology21.93 Cr3.53%
Industrials8.97 Cr1.44%

Risk & Performance Ratios

Standard Deviation

This fund

--

Cat. avg.

15.63%

Lower the better

Sharpe Ratio

This fund

--

Cat. avg.

0.83

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

1.65

Higher the better

Fund Managers

GB

Gautam Bhupal

Since February 2025

Additional Scheme Detailsas of 31st May 2025

ISIN
INF336L01RU8
Expense Ratio
1.03%
Exit Load
1.00%
Fund Size
₹622 Cr
Age
3 months
Lumpsum Minimum
₹5,000
Fund Status
Open Ended Investment Company
Benchmark
BSE Financial Services Index TR INR

Investment ObjectiveInvestment Objective

To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.

Tax Treatment

Capital Gains Taxation:

  • If units are sold after 1 year from the date of investment: Gains up to INR 1.25 lakh in a financial year are exempt from tax. Any gains exceeding INR 1.25 lakh are taxed at a rate of 12.5%.
  • If units are sold within 1 year from the date of investment: The entire amount of gain is taxed at a rate of 20%.
  • Holding the units: No tax is applicable as long as you continue to hold the units.

Dividend Taxation:

Dividends are added to the investor’s income and taxed according to their respective tax slabs. Additionally, if an investors dividend income exceeds INR 5,000 in a financial year, the fund house deducts a 10% Tax Deducted at Source (TDS) before distributing the dividend.

Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.

Similar Sector - Financial Services Funds

Fund nameExpense RatioExit LoadFund size
1Y
HSBC Financial Services Fund Regular Growth

Very High Risk

2.4%1.0%₹621.82 Cr-
HSBC Financial Services Fund Direct Growth

Very High Risk

1.0%1.0%₹621.82 Cr-
HDFC Nifty Bank ETF

Very High Risk

0.2%-₹2739.51 Cr11.1%
Mirae Asset Nifty PSU Bank ETF

Very High Risk

0.2%-₹45.18 Cr-
Edelweiss Nifty Bank ETF

Very High Risk

0.1%-₹7.09 Cr-
Helios Financial Services Fund Direct Growth

Very High Risk

0.8%1.0%₹172.68 Cr-
Helios Financial Services Fund Regular Growth

Very High Risk

2.4%1.0%₹172.68 Cr-
Baroda BNP Paribas NIFTY Bank ETF

Very High Risk

0.1%-₹3.55 Cr-
ICICI Prudential Nifty Private Banks ETF

Very High Risk

0.1%-₹3356.82 Cr11.1%
HDFC Nifty Private Bank ETF

Very High Risk

0.1%-₹335.01 Cr11.1%

Risk Level

Your principal amount will be at Very High Risk

Very High Risk
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The NAV of HSBC Financial Services Fund Direct Growth, as of 18-Jun-2025, is ₹11.52.
The fund's allocation of assets is distributed as 86.14% in equities, 0.00% in bonds, and 13.86% in cash and cash equivalents.
The fund managers responsible for HSBC Financial Services Fund Direct Growth are:-
  1. Gautam Bhupal