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Fund Overview

Fund Size

Fund Size

₹2,783 Cr

Expense Ratio

Expense Ratio

0.45%

ISIN

ISIN

INF336L01RI3

Minimum SIP

Minimum SIP

₹1,000

Exit Load

Exit Load

1.00%

Inception Date

Inception Date

28 Feb 2024

About this fund

HSBC Multi Asset Allocation Fund Direct Growth is a Multi Asset Allocation mutual fund schemes offered by HSBC Mutual Fund. This fund has been in existence for 2 years, 1 months and 6 days, having been launched on 28-Feb-24.
As of 01-Apr-26, it has a Net Asset Value (NAV) of ₹13.03, Assets Under Management (AUM) of 2783.12 Crores, and an expense ratio of 0.45%.
  • HSBC Multi Asset Allocation Fund Direct Growth has given a CAGR return of 13.49% since inception.
  • The fund's asset allocation comprises around 68.95% in equities, 8.83% in debts, and 5.88% in cash & cash equivalents.
  • You can start investing in HSBC Multi Asset Allocation 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

+20.02%

(Cat Avg.)

Since Inception

+13.49%

(Cat Avg.)

Portfolio Summaryas of 28th February 2026

Equity1,918.84 Cr68.95%
Debt245.72 Cr8.83%
Others618.56 Cr22.23%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
TrepsCash - Repurchase Agreement143.99 Cr5.17%
Larsen & Toubro LtdEquity142.32 Cr5.11%
Titan Co LtdEquity119.28 Cr4.29%
Bharti Airtel LtdEquity104.79 Cr3.77%
GE Vernova T&D India LtdEquity94.06 Cr3.38%
Bharat Electronics LtdEquity89.62 Cr3.22%
SBI Gold ETFMutual Fund - ETF88.85 Cr3.19%
ICICI Prudential Asset Management Co LtdEquity86.6 Cr3.11%
HDFC Gold ETFMutual Fund - ETF86.27 Cr3.10%
Nippon India Silver ETFMutual Fund - ETF83.8 Cr3.01%
Ashok Leyland LtdEquity82.97 Cr2.98%
Nippon India ETF Gold BeESMutual Fund - ETF80.7 Cr2.90%
HDFC Bank LtdEquity80.46 Cr2.89%
Lenskart Solutions LtdEquity76.14 Cr2.74%
ITC LtdEquity75.01 Cr2.70%
FSN E-Commerce Ventures LtdEquity74.75 Cr2.69%
Axis Bank LtdEquity65.57 Cr2.36%
ICICI Pru Gold ETFMutual Fund - ETF61.01 Cr2.19%
ICICI Prudential Silver ETFMutual Fund - ETF60.58 Cr2.18%
Polycab India LtdEquity59.64 Cr2.14%
State Bank of IndiaEquity57.19 Cr2.05%
Billionbrains Garage Ventures LtdEquity56.44 Cr2.03%
Shriram Finance LtdEquity48.71 Cr1.75%
UltraTech Cement LtdEquity45.27 Cr1.63%
Reliance Industries LtdEquity44.79 Cr1.61%
PB Fintech LtdEquity42.48 Cr1.53%
The Federal Bank LtdEquity37.67 Cr1.35%
City Union Bank LtdEquity34.9 Cr1.25%
BSE LtdEquity33.58 Cr1.21%
6.48% Gs 2035Bond - Gov't/Treasury32.93 Cr1.18%
Safari Industries (India) LtdEquity32.62 Cr1.17%
Aditya Infotech LtdEquity31.03 Cr1.12%
Max Financial Services LtdEquity30.61 Cr1.10%
Net Current Assets (Including Cash & Bank Balances)Cash-30.06 Cr1.08%
Britannia Industries LtdEquity28.87 Cr1.04%
National Bank For Agriculture And Rural DevelopmentBond - Corporate Bond27.05 Cr0.97%
Bajaj Housing Finance LimitedBond - Corporate Bond26.59 Cr0.96%
Small Industries Development Bank Of IndiaBond - Corporate Bond26.57 Cr0.95%
Bajaj Finance LimitedBond - Corporate Bond25.62 Cr0.92%
Power Finance Corporation LimitedBond - Corporate Bond25.61 Cr0.92%
ICICI Bank LtdEquity24.52 Cr0.88%
Hitachi Energy India Ltd Ordinary SharesEquity24.29 Cr0.87%
Tata Steel LtdEquity23.96 Cr0.86%
Anthem Biosciences LtdEquity23.56 Cr0.85%
HDFC Asset Management Co LtdEquity22.27 Cr0.80%
Tenneco Clean Air India LtdEquity22.08 Cr0.79%
NTPC LtdEquity21.81 Cr0.78%
INDIA UNIVERSAL TRUST AL2Bond - Asset Backed18.98 Cr0.68%
ICICI Bank LtdCash - CD/Time Deposit18.78 Cr0.67%
Mankind Pharma LtdEquity17.37 Cr0.62%
7.75% Tamilnadu SDL 2032Bond - Gov't/Treasury15.6 Cr0.56%
Small Industries Development Bank Of IndiaBond - Corporate Bond14.98 Cr0.54%
Mindspace Business Parks ReitCash - Commercial Paper14.78 Cr0.53%
Multi Commodity Exchange of India LtdEquity13.77 Cr0.49%
Coforge LtdEquity12.85 Cr0.46%
Power Finance Corporation LimitedBond - Corporate Bond10.41 Cr0.37%
7.61% Tamilnadu Sgs 2032Bond - Gov't/Treasury10.29 Cr0.37%
Axis Bank Ltd.Cash - CD/Time Deposit9.85 Cr0.35%
PNB Housing Finance LtdEquity8.43 Cr0.30%
7.18% Gs 2033Bond - Gov't/Treasury5.18 Cr0.19%
Karnataka State Development LoansBond - Gov't/Treasury5.02 Cr0.18%
KEI Industries LtdEquity4.42 Cr0.16%
InterGlobe Aviation LtdEquity4.37 Cr0.16%
Lupin LtdEquity4.1 Cr0.15%
Divi's Laboratories LtdEquity3.77 Cr0.14%
Persistent Systems LtdEquity3.69 Cr0.13%
CG Power & Industrial Solutions LtdEquity1.38 Cr0.05%
Max Healthcare Institute Ltd Ordinary SharesEquity1.09 Cr0.04%
Maharashtra State Development LoansBond - Gov't/Treasury0.88 Cr0.03%
Godrej Consumer Products LtdEquity0.87 Cr0.03%
Dixon Technologies (India) LtdEquity0.82 Cr0.03%
Swiggy LtdEquity0.69 Cr0.02%
LTIMindtree LtdEquity0.67 Cr0.02%
Eternal LtdEquity0.63 Cr0.02%
Tech Mahindra LtdEquity0.56 Cr0.02%
Hindustan Aeronautics Ltd Ordinary SharesEquity0.2 Cr0.01%
Trent LtdEquity0.2 Cr0.01%
Bajaj Finance LtdEquity0.17 Cr0.01%
Infosys LtdEquity0.17 Cr0.01%
Indian Hotels Co LtdEquity0.13 Cr0.00%
Hero MotoCorp LtdEquity0.12 Cr0.00%
Blue Star LtdEquity0.11 Cr0.00%
Cholamandalam Investment and Finance Co LtdEquity0.1 Cr0.00%
Nippon Life India Asset Management Ltd Ordinary SharesEquity0.08 Cr0.00%
Siemens LtdEquity0.07 Cr0.00%
Prudent Corporate Advisory Services LtdEquity0.05 Cr0.00%
Maruti Suzuki India LtdEquity0.04 Cr0.00%
Sun Pharmaceuticals Industries LtdEquity0.03 Cr0.00%
Jubilant Foodworks LtdEquity0.03 Cr0.00%
Mahindra & Mahindra LtdEquity0.01 Cr0.00%

Allocation By Market Cap (Equity)

Large Cap Stocks

41.51%

Mid Cap Stocks

22.80%

Small Cap Stocks

4.64%

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

SectorAmount sortHoldings sort
Financial Services643.59 Cr23.12%
Industrials534.49 Cr19.20%
Consumer Cyclical250.59 Cr9.00%
Healthcare126.06 Cr4.53%
Communication Services104.79 Cr3.77%
Consumer Defensive104.75 Cr3.76%
Basic Materials69.22 Cr2.49%
Energy44.79 Cr1.61%
Utilities21.81 Cr0.78%
Technology18.76 Cr0.67%

Risk & Performance Ratios

Standard Deviation

This fund

--

Cat. avg.

--

Lower the better

Sharpe Ratio

This fund

--

Cat. avg.

--

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

--

Higher the better

Fund Managers

MC

Mahesh Chhabria

Since February 2024

PA

Praveen Ayathan

Since March 2026

CG

Cheenu Gupta

Since February 2024

MA

Mohd Asif Rizwi

Since February 2025

DP

Dipan Parikh

Since February 2024

MC

Mayank Chaturvedi

Since October 2025

Additional Scheme Detailsas of 28th February 2026

ISIN
INF336L01RI3
Expense Ratio
0.45%
Exit Load
1.00%
Fund Size
₹2,783 Cr
Age
2 years 1 month
Lumpsum Minimum
₹5,000
Fund Status
Open Ended Investment Company
Benchmark
Domestic Price of Gold

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

iconCapital Gains Taxation:

iconDividend Taxation:

info icon

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.

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LIC MF Multi Asset Allocation Fund Regular Growth

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2.0%1.0%₹969.87 Cr4.4%
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0.7%1.0%₹416.63 Cr9.8%
Samco Multi Asset Allocation Fund Regular Growth

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2.3%1.0%₹416.63 Cr8.0%
Invesco India Multi Asset Allocation Fund Regular Growth

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Invesco India Multi Asset Allocation Fund Direct Growth

Very High Risk

0.5%1.0%₹944.53 Cr17.1%
Union Multi Asset Allocation Fund Regular Growth

Very High Risk

2.1%1.0%₹962.66 Cr14.9%
Union Multi Asset Allocation Fund Direct Growth

Very High Risk

1.0%1.0%₹962.66 Cr16.3%
Bajaj Finserv Multi Asset Allocation Fund Direct Growth

Very High Risk

0.6%1.0%₹1763.98 Cr13.4%
Bajaj Finserv Multi Asset Allocation Fund Regular Growth

Very High Risk

1.9%1.0%₹1763.98 Cr11.8%
Mahindra Manulife Multi Asset Allocation Fund Direct Growth

Very High Risk

0.3%0.0%₹1075.15 Cr16.8%
Mahindra Manulife Multi Asset Allocation Fund Regular Growth

Very High Risk

1.9%0.0%₹1075.15 Cr15.0%
Quantum Multi Asset Allocation Fund Regular Growth

High Risk

2.0%1.0%₹55.95 Cr4.6%
Quantum Multi Asset Allocation Fund Direct Growth

High Risk

0.4%1.0%₹55.95 Cr6.2%
HSBC Multi Asset Allocation Fund Direct Growth

Very High Risk

0.5%1.0%₹2783.12 Cr20.0%
HSBC Multi Asset Allocation Fund Regular Growth

Very High Risk

1.8%1.0%₹2783.12 Cr18.4%
Bank of India Multi Asset Allocation Fund Regular Growth

Very High Risk

1.9%1.0%₹357.47 Cr9.4%
Bank of India Multi Asset Allocation Fund Direct Growth

Very High Risk

0.8%1.0%₹357.47 Cr10.6%
Mirae Asset Multi Asset Allocation Fund Regular Growth

High Risk

1.9%1.0%₹3190.84 Cr10.5%
Mirae Asset Multi Asset Allocation Fund Direct Growth

High Risk

0.3%1.0%₹3190.84 Cr12.2%
Bandhan Multi Asset Allocation Fund Regular Growth

Very High Risk

1.9%0.0%₹3097.71 Cr15.9%
Bandhan Multi Asset Allocation Fund Direct Growth

Very High Risk

0.4%0.0%₹3097.71 Cr17.6%
Sundaram Multi Asset Allocation Fund Direct Growth

High Risk

0.4%1.0%₹3344.30 Cr10.7%
Sundaram Multi Asset Allocation Fund Regular Growth

High Risk

1.8%1.0%₹3344.30 Cr9.1%
DSP Multi Asset Allocation Fund Regular Growth

High Risk

1.4%1.0%₹8504.08 Cr17.3%
DSP Multi Asset Allocation Fund Direct Growth

High Risk

0.3%1.0%₹8504.08 Cr18.8%
Kotak Multi Asset Allocation Fund Direct Growth

High Risk

0.5%1.0%₹12784.39 Cr22.5%
Kotak Multi Asset Allocation Fund Regular Growth

High Risk

1.7%1.0%₹12784.39 Cr21.0%
Shriram Multi Asset Allocation Fund Direct Growth

Very High Risk

0.7%1.0%₹145.00 Cr10.4%
Shriram Multi Asset Allocation Fund Regular Growth

Very High Risk

2.4%1.0%₹145.00 Cr8.5%
Baroda BNP Paribas Multi Asset Fund Regular Growth

High Risk

2.0%1.0%₹1403.04 Cr8.6%
Baroda BNP Paribas Multi Asset Fund Direct Growth

High Risk

0.9%1.0%₹1403.04 Cr9.9%
Edelweiss Multi Asset Allocation Fund Regular Growth

Low Risk

0.8%0.0%₹2693.37 Cr6.4%
Edelweiss Multi Asset Allocation Fund Direct Growth

Low Risk

0.5%0.0%₹2693.37 Cr6.8%
Axis Multi Asset Allocation Fund Regular Growth

Very High Risk

1.9%1.0%₹2175.19 Cr9.8%
UTI Multi Asset Fund Direct Growth

High Risk

0.6%1.0%₹6944.45 Cr7.0%
Axis Multi Asset Allocation Fund Direct Growth

Very High Risk

0.9%1.0%₹2175.19 Cr11.0%
HDFC Multi - Asset Fund Direct Growth

Very High Risk

0.8%1.0%₹5883.78 Cr7.6%

About the AMC

HSBC Mutual Fund

HSBC Mutual Fund

Total AUM

₹1,38,259 Cr

Address

16, V N Road, Mumbai, 400 001

Other Funds by HSBC Mutual Fund

Fund nameExpense RatioExit LoadFund size
1Y
HSBC Gold ETF Fund of Fund Direct Growth

High Risk

-1.0%--
HSBC Financial Services Fund Direct Growth

Very High Risk

0.8%1.0%₹863.59 Cr7.3%
HSBC India Export Opportunities Fund Direct Growth

Very High Risk

0.9%1.0%₹1262.65 Cr4.6%
HSBC Multi Asset Allocation Fund Direct Growth

Very High Risk

0.5%1.0%₹2783.12 Cr20.0%
HSBC Consumption Fund Direct Growth

Very High Risk

0.9%1.0%₹1685.44 Cr-0.7%
HSBC Balanced Advantage Fund Direct Growth

Moderately High risk

0.8%1.0%₹1534.95 Cr2.4%
HSBC Infrastructure Fund Direct Growth

Very High Risk

1.0%1.0%₹2300.26 Cr2.2%
HSBC Aggressive Hybrid Fund Direct Growth

Very High Risk

0.8%1.0%₹5458.69 Cr7.6%
HSBC Value Fund Direct Growth

Very High Risk

0.7%1.0%₹14750.42 Cr7.5%
HSBC Credit Risk Fund Direct Growth

Moderately High risk

1.0%1.0%₹481.31 Cr18.4%
HSBC Banking & PSU Debt Direct Growth

Moderate Risk

0.2%0.0%₹4431.12 Cr5.9%
HSBC Midcap Fund Direct Growth

Very High Risk

0.7%1.0%₹12447.70 Cr12.8%
HSBC ELSS Fund Direct Growth

Very High Risk

1.2%0.0%₹4022.86 Cr1.9%
HSBC Equity Savings Fund Direct Growth

Moderately High risk

0.7%0.0%₹780.14 Cr9.9%
HSBC Low Duration Fund Direct Growth

Moderate Risk

0.4%0.0%₹1008.67 Cr8.1%
HSBC Short Duration Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹4308.25 Cr6.1%
HSBC Corporate Bond Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹6202.81 Cr6.2%
HSBC Dynamic Bond Fund Direct Growth

Moderate Risk

0.3%0.0%₹132.16 Cr2.7%
HSBC Money Market Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹5379.29 Cr6.6%
HSBC Gilt Fund Direct Growth

Moderate Risk

0.5%0.0%₹213.75 Cr-0.4%
HSBC Medium Duration Direct Growth

Moderate Risk

0.4%0.0%₹746.15 Cr6.4%
HSBC Focused Fund Direct Growth

Very High Risk

1.0%1.0%₹1693.16 Cr5.9%
HSBC Business Cycles Fund Direct Growth

Very High Risk

1.0%1.0%₹1101.49 Cr-3.7%
HSBC Overnight Fund Direct Growth

Low Risk

0.1%0.0%₹4360.54 Cr5.5%
HSBC Conservative Hybrid Fund Direct Growth

Moderately High risk

1.1%0.0%₹139.13 Cr3.2%
HSBC Large Cap Fund Direct Growth

Very High Risk

1.3%1.0%₹1893.80 Cr1.8%
HSBC Global Emerging Markets Fund Direct Growth

Very High Risk

1.0%1.0%₹386.88 Cr44.1%
HSBC Brazil Fund Direct Growth

Very High Risk

1.1%1.0%₹389.52 Cr60.1%
HSBC Medium to Long Duration Fund Direct Growth

Moderate Risk

0.7%0.0%₹47.74 Cr2.6%
HSBC Liquid Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹17734.66 Cr6.2%
HSBC Flexi Cap Fund Direct Growth

Very High Risk

1.2%1.0%₹5278.84 Cr1.9%
HSBC Tax Saver Equity Fund Direct Growth

Very High Risk

1.8%0.0%₹243.60 Cr4.7%
HSBC Ultra Short Duration Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹2873.63 Cr6.5%
HSBC CRISIL IBX 50:50 Gilt Plus SDL Apr 2028 Index Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹1977.58 Cr6.7%
HSBC Small Cap Fund Direct Growth

Very High Risk

0.7%1.0%₹15374.92 Cr-2.2%
HSBC Global Equity Climate Change Fund of Fund Direct Growth

Very High Risk

0.9%1.0%₹54.40 Cr22.6%
HSBC Managed Solutions India Conservative Direct Growth

Low to Moderate Risk

0.5%0.0%₹548.79 Cr5.7%
HSBC Managed Solutions India Moderate Direct Growth

Very High Risk

1.3%1.0%₹89.81 Cr12.0%
HSBC Managed Solutions India Growth Direct Growth

Very High Risk

0.9%1.0%₹44.53 Cr1.3%
HSBC CRISIL IBX Gilt June 2027 Index Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹189.31 Cr7.0%
HSBC Arbitrage Fund Direct Growth

Low Risk

0.3%0.0%₹2432.78 Cr6.7%
HSBC Nifty Next 50 Index Fund Direct Growth

Very High Risk

0.3%1.0%₹145.81 Cr-0.2%
HSBC Nifty 50 Index Fund Direct Growth

Very High Risk

0.2%1.0%₹388.62 Cr-1.2%
HSBC Large & Mid Cap Fund Direct Growth

Very High Risk

0.8%1.0%₹4706.03 Cr8.1%
HSBC Multi Cap Fund Direct Growth

Very High Risk

0.6%1.0%₹5301.35 Cr4.7%
HSBC Asia Pacific (Ex Japan) Dividend Yield Fund Direct Growth

Very High Risk

1.1%1.0%₹68.44 Cr43.3%

Risk Level

Your principal amount will be at Very High Risk

Very High Risk

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What is the current NAV of HSBC Multi Asset Allocation Fund Direct Growth?

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The NAV of HSBC Multi Asset Allocation Fund Direct Growth, as of 01-Apr-2026, is ₹13.03.
The fund's allocation of assets is distributed as 68.95% in equities, 8.83% in bonds, and 5.88% in cash and cash equivalents.
The fund managers responsible for HSBC Multi Asset Allocation Fund Direct Growth are:-
  1. Mahesh Chhabria
  2. Praveen Ayathan
  3. Cheenu Gupta
  4. Mohd Asif Rizwi
  5. Dipan Parikh
  6. Mayank Chaturvedi
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