Direct
NAV (18-Jun-25)
Returns (Since Inception)
Fund Overview
Fund Size
₹622 Cr
Expense Ratio
1.03%
ISIN
INF336L01RU8
Minimum SIP
₹1,000
Exit Load
1.00%
Inception Date
27 Feb 2025
About this fund
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
| Equity | ₹535.66 Cr | 86.14% |
| Others | ₹86.15 Cr | 13.86% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Treps | Cash - Repurchase Agreement | ₹85.51 Cr | 13.75% |
| HDFC Bank Ltd | Equity | ₹46.77 Cr | 7.52% |
| ICICI Bank Ltd | Equity | ₹46.53 Cr | 7.48% |
| Nippon Life India Asset Management Ltd Ordinary Shares | Equity | ₹41.29 Cr | 6.64% |
| State Bank of India | Equity | ₹34.04 Cr | 5.47% |
| PB Fintech Ltd | Equity | ₹29.82 Cr | 4.80% |
| Axis Bank Ltd | Equity | ₹29.7 Cr | 4.78% |
| Shriram Finance Ltd | Equity | ₹28.27 Cr | 4.55% |
| Kotak Mahindra Bank Ltd | Equity | ₹26.41 Cr | 4.25% |
| Multi Commodity Exchange of India Ltd | Equity | ₹24 Cr | 3.86% |
| HDFC Asset Management Co Ltd | Equity | ₹22.19 Cr | 3.57% |
| KFin Technologies Ltd | Equity | ₹21.93 Cr | 3.53% |
| Cholamandalam Investment and Finance Co Ltd | Equity | ₹17.35 Cr | 2.79% |
| PNB Housing Finance Ltd | Equity | ₹16.81 Cr | 2.70% |
| Karur Vysya Bank Ltd | Equity | ₹16.63 Cr | 2.67% |
| Bajaj Finance Ltd | Equity | ₹16.54 Cr | 2.66% |
| Housing & Urban Development Corp Ltd | Equity | ₹15.95 Cr | 2.56% |
| Max Financial Services Ltd | Equity | ₹15.75 Cr | 2.53% |
| Power Finance Corp Ltd | Equity | ₹12.97 Cr | 2.09% |
| Bank of Baroda | Equity | ₹12.23 Cr | 1.97% |
| The Federal Bank Ltd | Equity | ₹11.71 Cr | 1.88% |
| Bajaj Housing Finance Ltd | Equity | ₹10.71 Cr | 1.72% |
| SBI Cards and Payment Services Ltd Ordinary Shares | Equity | ₹10.59 Cr | 1.70% |
| Indian Energy Exchange Ltd | Equity | ₹9.25 Cr | 1.49% |
| UTI Asset Management Co Ltd | Equity | ₹9.25 Cr | 1.49% |
| CMS Info Systems Ltd | Equity | ₹8.97 Cr | 1.44% |
| Net Current Assets (Including Cash & Bank Balances) | Cash | ₹0.65 Cr | 0.10% |
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
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹504.76 Cr | 81.18% |
| Technology | ₹21.93 Cr | 3.53% |
| Industrials | ₹8.97 Cr | 1.44% |
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
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 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 name | Expense Ratio | Exit Load | Fund 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 Cr | 11.1% |
| 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 Cr | 11.1% |
| HDFC Nifty Private Bank ETF Very High Risk | 0.1% | - | ₹335.01 Cr | 11.1% |
Risk Level
Your principal amount will be at Very High Risk
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- Gautam Bhupal
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