HSBC Financial Services Fund Direct Growth

Fund Overview

Fund Size

₹903 Cr

Expense Ratio

0.96%

ISIN

INF336L01RU8

Minimum SIP

₹1,000

Exit Load

1.00%

Inception Date

27 Feb 2025

About this fund

HSBC Financial Services Fund Direct Growth is a Sector - Financial Services mutual fund schemes offered by HSBC Mutual Fund. This fund has been in existence for 1 years, 7 months and 19 days, having been launched on 27-Feb-25.
As of 15-Oct-26, it has a Net Asset Value (NAV) of ₹12.33, Assets Under Management (AUM) of 902.72 Crores, and an expense ratio of 0.96%.

HSBC Financial Services Fund Direct Growth has given a CAGR return of 13.69% since inception.
The fund's asset allocation comprises around 95.75% in equities, 0.00% in debts, and 4.25% 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.

1 Year

+3.80%

+0.11% (Cat Avg.)

Since Inception

+13.69%

— (Cat Avg.)

Portfolio Summaryas of 30th September 2026

Equity	₹864.32 Cr	95.75%
Others	₹38.4 Cr	4.25%

Top Holdings

All Holdings

Equity

Debt & Others

Name	Type	Amount	Holdings
ICICI Bank Ltd	Equity	₹84.06 Cr	9.31%
HDFC Bank Ltd	Equity	₹83.94 Cr	9.30%
Axis Bank Ltd	Equity	₹45.99 Cr	5.09%
Treps	Cash - Repurchase Agreement	₹45.66 Cr	5.06%
Nippon Life India Asset Management Ltd Ordinary Shares	Equity	₹44.36 Cr	4.91%
Shriram Finance Ltd	Equity	₹43.45 Cr	4.81%
Kotak Mahindra Bank Ltd	Equity	₹41.55 Cr	4.60%
State Bank of India	Equity	₹40.21 Cr	4.45%
Billionbrains Garage Ventures Ltd	Equity	₹34.67 Cr	3.84%
ICICI Prudential Asset Management Co Ltd	Equity	₹30.91 Cr	3.42%
Karur Vysya Bank Ltd	Equity	₹29.23 Cr	3.24%
HDFC Asset Management Co Ltd	Equity	₹27.78 Cr	3.08%
Cholamandalam Investment and Finance Co Ltd	Equity	₹23.18 Cr	2.57%
The Federal Bank Ltd	Equity	₹22.39 Cr	2.48%
Motilal Oswal Financial Services Ltd	Equity	₹22.25 Cr	2.46%
Pine Labs Ltd	Equity	₹21.72 Cr	2.41%
RBL Bank Ltd	Equity	₹21.68 Cr	2.40%
PNB Housing Finance Ltd	Equity	₹21.38 Cr	2.37%
PB Fintech Ltd	Equity	₹18.68 Cr	2.07%
Prudent Corporate Advisory Services Ltd	Equity	₹17.34 Cr	1.92%
Home First Finance Co India Ltd	Equity	₹17.1 Cr	1.89%
Multi Commodity Exchange of India Ltd	Equity	₹17.08 Cr	1.89%
KFin Technologies Ltd	Equity	₹17.08 Cr	1.89%
Piramal Finance Ltd	Equity	₹15.76 Cr	1.75%
One97 Communications Ltd	Equity	₹15.1 Cr	1.67%
Angel One Ltd Ordinary Shares	Equity	₹10.82 Cr	1.20%
Canara Robeco Asset Management Co Ltd	Equity	₹10.49 Cr	1.16%
CARE Ratings Ltd	Equity	₹10.23 Cr	1.13%
Bajaj Finance Ltd	Equity	₹9.61 Cr	1.06%
HDB Financial Services Ltd	Equity	₹9.14 Cr	1.01%
City Union Bank Ltd	Equity	₹9.04 Cr	1.00%
CreditAccess Grameen Ltd Ordinary Shares	Equity	₹8.9 Cr	0.99%
360 One Wam Ltd Ordinary Shares	Equity	₹8.8 Cr	0.97%
Housing & Urban Development Corp Ltd	Equity	₹8.34 Cr	0.92%
Seshaasai Technologies Ltd	Equity	₹7.4 Cr	0.82%
Net Current Assets (Including Cash & Bank Balances)	Cash	₹-7.27 Cr	0.80%
Aditya Birla Capital Ltd	Equity	₹5.05 Cr	0.56%
Mahindra & Mahindra Financial Services Ltd	Equity	₹4.87 Cr	0.54%
CMS Info Systems Ltd	Equity	₹4.74 Cr	0.52%

Allocation By Market Cap (Equity)

Other Allocation

Equity Sector

Debt & Others

Sector	Amount	Holdings
Financial Services	₹798.29 Cr	88.43%
Technology	₹61.3 Cr	6.79%
Industrials	₹4.74 Cr	0.52%

Risk & Performance Ratios

Fund Managers

Gautam Bhupal

Since February 2025

Mayank Chaturvedi

Since October 2025

Additional Scheme Detailsas of 30th September 2026

ISIN

INF336L01RU8

Expense Ratio

0.96%

Exit Load

1.00%

Fund Size

₹903 Cr

Age

1 year 7 months

Lumpsum Minimum

₹5,000

Fund Status

Open Ended Investment Company

Benchmark

BSE Financial Services TR INR

Investment 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:

Dividend Taxation:

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 name	Expense Ratio	Exit Load	Fund size	1Y
Zerodha BSE TOP 10 BANKS ETF Very High Risk	-	-	-	-
DSP BSE Insurance ETF Very High Risk	-	-	-	-
DSP BSE MidSmall Private Banks ETF Very High Risk	0.2%	-	₹81.54 Cr	-
Invesco India Nifty Bank ETF Very High Risk	0.1%	-	₹6.34 Cr	-
Edelweiss BSE Top 10 Bank ETF Very High Risk	42.8%	-	₹15.11 Cr	-
Kotak Nifty Private Bank ETF Very High Risk	3.8%	-	₹15.96 Cr	-
Bajaj Finserv BSE Top 10 Banks ETF Very High Risk	3.7%	-	₹184.17 Cr	-
ICICI Prudential BSE Insurance ETF Very High Risk	0.4%	-	₹78.92 Cr	-
Kotak Nifty PSU Bank ETF Very High Risk	0.5%	-	₹2490.74 Cr	4.3%
Groww Nifty Private Bank ETF Very High Risk	0.7%	-	₹6.62 Cr	-
Motilal Oswal BSE Top 10 Banks ETF Very High Risk	0.5%	-	₹101.86 Cr	-
Groww Nifty PSU Bank ETF Very High Risk	0.5%	-	₹6.01 Cr	-
Kotak Nifty Bank ETF Very High Risk	0.2%	-	₹4124.84 Cr	-1.6%
DSP BSE Top 10 Banks ETF Very High Risk	0.9%	-	₹369.82 Cr	-
Canara Robeco Banking and Financial Services Fund Regular Growth Very High Risk	2.7%	1.0%	₹624.34 Cr	-
Canara Robeco Banking and Financial Services Fund Direct Growth Very High Risk	1.1%	1.0%	₹624.34 Cr	-
Aditya Birla Sun Life BSE Top 10 Banks ETF Very High Risk	0.2%	-	₹361.41 Cr	-
Motilal Oswal Financial Services Fund Regular Growth Very High Risk	2.8%	1.0%	₹209.36 Cr	-
Motilal Oswal Financial Services Fund Direct Growth Very High Risk	1.3%	1.0%	₹209.36 Cr	-
Edelweiss Financial Services Fund Direct Growth Very High Risk	1.0%	1.0%	₹273.95 Cr	-
Edelweiss Financial Services Fund Regular Growth Very High Risk	2.6%	1.0%	₹273.95 Cr	-
Bank of India Banking and Financial Services Fund Direct Growth Very High Risk	1.6%	1.0%	₹249.41 Cr	-
Bank of India Banking and Financial Services Fund Regular Growth Very High Risk	2.8%	1.0%	₹249.41 Cr	-
Groww Nifty Capital Markets ETF Very High Risk	0.5%	-	₹50.33 Cr	-
Bajaj Finserv Banking and Financial Services Fund Direct Growth Very High Risk	1.1%	1.0%	₹468.89 Cr	-
Bajaj Finserv Banking and Financial Services Fund Regular Growth Very High Risk	2.8%	1.0%	₹468.89 Cr	-
Mahindra Manulife Banking & Financial Services Fund Regular Growth Very High Risk	2.8%	0.0%	₹445.05 Cr	0.7%
Mahindra Manulife Banking & Financial Services Fund Direct Growth Very High Risk	1.2%	0.0%	₹445.05 Cr	2.4%
SBI BSE PSU Bank ETF Very High Risk	0.3%	-	₹114.25 Cr	4.0%
HSBC Financial Services Fund Regular Growth Very High Risk	2.4%	1.0%	₹902.72 Cr	2.3%
HSBC Financial Services Fund Direct Growth Very High Risk	1.0%	1.0%	₹902.72 Cr	3.8%
HDFC Nifty Bank ETF Very High Risk	0.2%	-	₹2030.97 Cr	-1.3%
Mirae Asset Nifty PSU Bank ETF Very High Risk	0.3%	-	₹45.33 Cr	4.6%
Edelweiss Nifty Bank ETF Very High Risk	1.0%	-	₹3.15 Cr	-1.4%
Helios Financial Services Fund Direct Growth Very High Risk	1.1%	1.0%	₹196.11 Cr	-4.5%
Helios Financial Services Fund Regular Growth Very High Risk	2.7%	1.0%	₹196.11 Cr	-6.1%
Baroda BNP Paribas NIFTY Bank ETF Very High Risk	0.3%	-	₹4.07 Cr	-1.3%
ICICI Prudential Nifty Private Banks ETF Very High Risk	0.2%	-	₹4179.44 Cr	0.3%
HDFC Nifty Private Bank ETF Very High Risk	0.2%	-	₹480.51 Cr	0.3%
Groww Banking & Financial Services Fund Regular Growth Very High Risk	3.0%	1.0%	₹106.79 Cr	4.6%
Groww Banking & Financial Services Fund Direct Growth Very High Risk	1.3%	1.0%	₹106.79 Cr	6.6%
WhiteOak Capital Banking & Financial Services Fund Regular Growth Very High Risk	2.7%	0.0%	₹625.60 Cr	-1.6%
WhiteOak Capital Banking & Financial Services Fund Direct Growth Very High Risk	1.1%	0.0%	₹625.60 Cr	0.1%
HDFC Nifty PSU Bank ETF Very High Risk	0.3%	-	₹55.09 Cr	4.5%
Bajaj Finserv Nifty Bank ETF Very High Risk	0.1%	-	₹383.81 Cr	-1.3%
DSP Banking & Financial Services Fund Regular Growth Very High Risk	2.2%	0.0%	₹2034.26 Cr	3.3%
DSP Banking & Financial Services Fund Direct Growth Very High Risk	0.8%	0.0%	₹2034.26 Cr	4.8%
Mirae Asset Nifty Financial Services ETF Very High Risk	0.2%	-	₹368.59 Cr	-5.6%
Kotak Nifty Bank ETF Very High Risk	0.1%	-	₹6341.50 Cr	26.6%
Nippon India Banking & Financial Services Fund Direct Growth Very High Risk	1.1%	1.0%	₹7366.72 Cr	-2.3%

About the AMC

HSBC Mutual Fund

+91 22 66145000

https://www.assetmanagement.hsbc.co.in/en/mutual-funds

Total AUM

₹1,60,154 Cr

Address

16, V N Road, Mumbai, 400 001

Other Funds by HSBC Mutual Fund

Fund name	Expense Ratio	Exit Load	Fund size	1Y
RedHex Hybrid Long-Short Fund Direct Growth Low to Moderate Risk	1.5%	2.0%	₹1072.84 Cr	-
HSBC Gold ETF Fund of Fund Direct Growth High Risk	0.1%	1.0%	₹382.18 Cr	-
HSBC Financial Services Fund Direct Growth Very High Risk	1.0%	1.0%	₹902.72 Cr	3.8%
HSBC India Export Opportunities Fund Direct Growth Very High Risk	1.0%	1.0%	₹1302.87 Cr	17.4%
HSBC Multi Asset Allocation Fund Direct Growth Moderate Risk	1.0%	1.0%	₹3140.77 Cr	3.7%
HSBC Consumption Fund Direct Growth Very High Risk	0.9%	1.0%	₹1697.52 Cr	-1.5%
HSBC Balanced Advantage Fund Direct Growth Very High Risk	1.2%	1.0%	₹1474.15 Cr	0.3%
HSBC Infrastructure Fund Direct Growth Very High Risk	1.1%	1.0%	₹2379.27 Cr	5.6%
HSBC Aggressive Hybrid Fund Direct Growth Very High Risk	0.9%	1.0%	₹5651.50 Cr	1.7%
HSBC Value Fund Direct Growth Very High Risk	0.9%	1.0%	₹14659.74 Cr	0.4%
HSBC Credit Risk Fund Direct Growth Moderately High risk	0.8%	1.0%	₹441.18 Cr	6.0%
HSBC Banking & PSU Debt Direct Growth Moderate Risk	0.3%	0.0%	₹3722.07 Cr	4.1%
HSBC Midcap Fund Direct Growth Very High Risk	1.1%	1.0%	₹16799.59 Cr	11.7%
HSBC ELSS Fund Direct Growth Very High Risk	1.2%	0.0%	₹3973.53 Cr	0.8%
HSBC Equity Savings Fund Direct Growth Moderate Risk	1.5%	0.0%	₹1557.92 Cr	5.6%
HSBC Low Duration Fund Direct Growth Low to Moderate Risk	0.4%	0.0%	₹847.33 Cr	6.0%
HSBC Short Duration Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹3880.69 Cr	4.4%
HSBC Corporate Bond Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹5978.86 Cr	4.4%
HSBC Dynamic Bond Fund Direct Growth Moderate Risk	0.3%	0.0%	₹119.09 Cr	1.9%
HSBC Money Market Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹6382.40 Cr	6.4%
HSBC Gilt Fund Direct Growth Moderate Risk	0.5%	0.0%	₹152.28 Cr	0.6%
HSBC Medium Duration Direct Growth Moderately High risk	0.4%	0.0%	₹670.22 Cr	4.3%
HSBC Focused Fund Direct Growth Very High Risk	1.1%	1.0%	₹1750.52 Cr	3.4%
HSBC Business Cycles Fund Direct Growth Very High Risk	1.1%	1.0%	₹1178.73 Cr	-0.2%
HSBC Overnight Fund Direct Growth Low Risk	0.1%	0.0%	₹4804.90 Cr	5.3%
HSBC Conservative Hybrid Fund Direct Growth Moderately High risk	1.2%	0.0%	₹151.68 Cr	0.6%
HSBC Large Cap Fund Direct Growth Very High Risk	1.4%	1.0%	₹1754.73 Cr	-3.0%
HSBC Global Emerging Markets Fund Direct Growth Very High Risk	0.7%	1.0%	₹513.39 Cr	36.8%
HSBC Brazil Fund Direct Growth Very High Risk	0.9%	1.0%	₹352.83 Cr	52.0%
HSBC Medium to Long Duration Fund Direct Growth Moderate Risk	0.6%	0.0%	₹48.16 Cr	2.0%
HSBC Liquid Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹23038.43 Cr	6.5%
HSBC Flexi Cap Fund Direct Growth Very High Risk	1.3%	1.0%	₹5748.74 Cr	2.8%
HSBC Tax Saver Equity Fund Direct Growth Very High Risk	1.8%	0.0%	₹243.60 Cr	4.7%
HSBC Ultra Short Duration Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹2733.17 Cr	6.5%
HSBC CRISIL IBX 50:50 Gilt Plus SDL Apr 2028 Index Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹1747.71 Cr	4.8%
HSBC Small Cap Fund Direct Growth Very High Risk	0.8%	1.0%	₹18512.70 Cr	9.7%
HSBC Global Equity Climate Change Fund of Fund Direct Growth Very High Risk	0.9%	1.0%	₹54.40 Cr	22.6%
HSBC Managed Solutions India Conservative Direct Growth Low to Moderate Risk	0.1%	0.0%	₹527.51 Cr	4.7%
HSBC Managed Solutions India Moderate Direct Growth Moderate Risk	0.6%	1.0%	₹114.79 Cr	6.6%
HSBC Managed Solutions India Growth Direct Growth Very High Risk	0.2%	1.0%	₹46.99 Cr	4.9%
HSBC CRISIL IBX Gilt June 2027 Index Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹180.60 Cr	4.9%
HSBC Arbitrage Fund Direct Growth Low Risk	1.5%	0.0%	₹3633.25 Cr	6.6%
HSBC Nifty Next 50 Index Fund Direct Growth Very High Risk	0.4%	1.0%	₹184.32 Cr	-0.3%
HSBC Nifty 50 Index Fund Direct Growth Very High Risk	0.2%	1.0%	₹370.88 Cr	-8.3%
HSBC Large & Mid Cap Fund Direct Growth Very High Risk	1.4%	1.0%	₹5783.61 Cr	3.9%
HSBC Multi Cap Fund Direct Growth Very High Risk	0.8%	1.0%	₹6380.17 Cr	4.1%
HSBC Asia Pacific (Ex Japan) Dividend Yield Fund Direct Growth Very High Risk	0.8%	1.0%	₹86.47 Cr	28.1%

Risk Level

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What is the current NAV of HSBC Financial Services Fund Direct Growth?

The NAV of HSBC Financial Services Fund Direct Growth, as of 15-Oct-2026, is ₹12.33.

What is the portfolio composition of HSBC Financial Services Fund Direct Growth?

The fund's allocation of assets is distributed as 95.75% in equities, 0.00% in bonds, and 4.25% in cash and cash equivalents.

Who manages the HSBC Financial Services Fund Direct Growth?

The fund managers responsible for HSBC Financial Services Fund Direct Growth are:-

Gautam Bhupal
Mayank Chaturvedi

Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.

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HSBC Financial Services Fund Direct Growth

Fund Overview