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Fund Overview

Fund Size

Fund Size

₹2,979 Cr

Expense Ratio

Expense Ratio

0.43%

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, 4 months and 4 days, having been launched on 28-Feb-24.
As of 01-Jul-26, it has a Net Asset Value (NAV) of ₹14.23, Assets Under Management (AUM) of 2979.17 Crores, and an expense ratio of 0.43%.
  • HSBC Multi Asset Allocation Fund Direct Growth has given a CAGR return of 16.27% since inception.
  • The fund's asset allocation comprises around 72.64% in equities, 8.53% in debts, and 6.91% 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

+17.18%

(Cat Avg.)

Since Inception

+16.27%

(Cat Avg.)

Portfolio Summaryas of 31st May 2026

Equity2,164.18 Cr72.64%
Debt254.26 Cr8.53%
Others560.73 Cr18.82%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
HSBC Gold ETFMutual Fund - ETF225.28 Cr7.56%
ICICI Bank LtdEquity198.11 Cr6.65%
TrepsCash - Repurchase Agreement138.96 Cr4.66%
Hindalco Industries LtdEquity115.47 Cr3.88%
Bharat Electronics LtdEquity108.08 Cr3.63%
GE Vernova T&D India LtdEquity104.02 Cr3.49%
PB Fintech LtdEquity93.75 Cr3.15%
Bharat Heavy Electricals LtdEquity91.23 Cr3.06%
Lenskart Solutions LtdEquity89.78 Cr3.01%
Tata Consumer Products LtdEquity88.92 Cr2.98%
Billionbrains Garage Ventures LtdEquity76.16 Cr2.56%
ICICI Prudential Asset Management Co LtdEquity74.7 Cr2.51%
Nippon India Silver ETFMutual Fund - ETF74.43 Cr2.50%
Lupin LtdEquity71.52 Cr2.40%
Siemens LtdEquity70.9 Cr2.38%
Aditya Infotech LtdEquity66.24 Cr2.22%
Power Grid Corp Of India LtdEquity63.42 Cr2.13%
The Federal Bank LtdEquity61.54 Cr2.07%
FSN E-Commerce Ventures LtdEquity60.5 Cr2.03%
HDFC Gold ETFMutual Fund - ETF55.55 Cr1.86%
BSE LtdEquity54.22 Cr1.82%
Piramal Finance LtdEquity53.82 Cr1.81%
Oil & Natural Gas Corp LtdEquity49.6 Cr1.66%
Titagarh Rail Systems LtdEquity48.88 Cr1.64%
Hitachi Energy India Ltd Ordinary SharesEquity46.83 Cr1.57%
JSW Steel LtdEquity37.34 Cr1.25%
Mankind Pharma LtdEquity36.45 Cr1.22%
6.48% Govt Stock 2035Bond - Gov't/Treasury31.66 Cr1.06%
City Union Bank LtdEquity31.5 Cr1.06%
Power Finance Corp LtdEquity31.48 Cr1.06%
ABB India LtdEquity28.65 Cr0.96%
Mahindra & Mahindra LtdEquity28.65 Cr0.96%
Indian BankEquity27.87 Cr0.94%
Ather Energy LtdEquity27.51 Cr0.92%
Bajaj Housing Finance LimitedBond - Corporate Bond26.83 Cr0.90%
Cash Offset For DerivativesCash - General Offset25.83 Cr0.87%
Bajaj Finance LimitedBond - Corporate Bond25.8 Cr0.87%
Power Finance Corporation LimitedBond - Corporate Bond25.78 Cr0.87%
Small Industries Development Bank Of IndiaBond - Corporate Bond25.53 Cr0.86%
Rec LimitedBond - Corporate Bond25.33 Cr0.85%
7.7% Maharashtra Sdl 2032Bond - Gov't/Treasury25.16 Cr0.84%
6.01% Govt Stock 2030Bond - Gov't/Treasury24.96 Cr0.84%
Thermax LtdEquity24.91 Cr0.84%
National Bank for Agriculture and Rural DevelopmentCash - Commercial Paper24.65 Cr0.83%
Sedemac Mechatronics LtdEquity24.36 Cr0.82%
Tata Steel LtdEquity23.47 Cr0.79%
Tenneco Clean Air India LtdEquity22.35 Cr0.75%
Sun Pharmaceuticals Industries LtdEquity20.18 Cr0.68%
ICICI Bank LimitedCash - CD/Time Deposit18.97 Cr0.64%
INDIA UNIVERSAL TRUST AL2Bond - Asset Backed18.5 Cr0.62%
Tata Power Co LtdEquity17.7 Cr0.59%
Nippon Life India Asset Management Ltd Ordinary SharesEquity15.81 Cr0.53%
Polycab India LtdEquity15.8 Cr0.53%
Small Industries Development Bank Of IndiaBond - Corporate Bond15.01 Cr0.50%
NTPC LtdEquity14 Cr0.47%
Reliance Industries LtdEquity11.7 Cr0.39%
Net Current Assets (Including Cash & Bank Balances)Cash-11.66 Cr0.39%
Mahindra & Mahindra LimitedEquity - Future-11.45 Cr0.38%
PNB Housing Finance LtdEquity10.53 Cr0.35%
Kotak Mahindra Bank LimitedEquity - Future-9.16 Cr0.31%
Kotak Mahindra Bank LtdEquity9.07 Cr0.30%
Bharti Airtel LtdEquity8.96 Cr0.30%
Nippon India ETF Gold BeESMutual Fund - ETF6.33 Cr0.21%
ITC LtdEquity5.99 Cr0.20%
7.18% Govt Stock 2033Bond - Gov't/Treasury5.15 Cr0.17%
Dabur India LimitedEquity - Future-4.7 Cr0.16%
Dabur India LtdEquity4.66 Cr0.16%
6.9% Govt Stock 2065Bond - Gov't/Treasury4.55 Cr0.15%
Persistent Systems LtdEquity4.05 Cr0.14%
Divi's Laboratories LtdEquity3.92 Cr0.13%
State Bank of IndiaEquity1.91 Cr0.06%
Britannia Industries LtdEquity1.88 Cr0.06%
CG Power & Industrial Solutions LtdEquity1.75 Cr0.06%
Multi Commodity Exchange of India LtdEquity1.53 Cr0.05%
Safari Industries (India) LtdEquity1.41 Cr0.05%
SBI Gold ETFMutual Fund - ETF1.37 Cr0.05%
Larsen & Toubro LtdEquity1.26 Cr0.04%
ICICI Pru Gold ETFMutual Fund - ETF1.02 Cr0.03%
Max Healthcare Institute Ltd Ordinary SharesEquity0.96 Cr0.03%
Dixon Technologies (India) LtdEquity0.9 Cr0.03%
Godrej Consumer Products LtdEquity0.74 Cr0.02%
UltraTech Cement LtdEquity0.72 Cr0.02%
Axis Bank LtdEquity0.54 Cr0.02%
Shriram Finance LtdEquity0.44 Cr0.01%
Larsen & Toubro LimitedEquity - Future-0.43 Cr0.01%
HDFC Asset Management Co LtdEquity0.43 Cr0.01%
Anthem Biosciences LtdEquity0.32 Cr0.01%
HDFC Bank LtdEquity0.3 Cr0.01%
Infosys LtdEquity0.15 Cr0.01%
Cholamandalam Investment and Finance Co LtdEquity0.09 Cr0.00%
Blue Star LtdEquity0.09 Cr0.00%
Axis Bank LimitedEquity - Future-0.08 Cr0.00%

Allocation By Market Cap (Equity)

Large Cap Stocks

34.82%

Mid Cap Stocks

30.88%

Small Cap Stocks

7.00%

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

SectorAmount sortHoldings sort
Financial Services743.79 Cr24.97%
Industrials608.64 Cr20.43%
Healthcare223.13 Cr7.49%
Basic Materials177.01 Cr5.94%
Consumer Cyclical164.76 Cr5.53%
Consumer Defensive102.18 Cr3.43%
Utilities95.13 Cr3.19%
Energy61.3 Cr2.06%
Communication Services8.96 Cr0.30%
Technology5.1 Cr0.17%

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 31st May 2026

ISIN
INF336L01RI3
Expense Ratio
0.43%
Exit Load
1.00%
Fund Size
₹2,979 Cr
Age
2 years 4 months
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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Canara Robeco Multi Asset Allocation Fund Direct Growth

Very High Risk

0.6%1.0%₹1288.90 Cr9.4%
Canara Robeco Multi Asset Allocation Fund Regular Growth

Very High Risk

1.8%1.0%₹1288.90 Cr7.8%
LIC MF Multi Asset Allocation Fund Regular Growth

Very High Risk

0.6%1.0%₹963.62 Cr7.7%
LIC MF Multi Asset Allocation Fund Regular Growth

Very High Risk

1.8%1.0%₹963.62 Cr6.1%
Samco Multi Asset Allocation Fund Direct Growth

Very High Risk

1.7%1.0%₹411.96 Cr3.7%
Samco Multi Asset Allocation Fund Regular Growth

Very High Risk

3.3%1.0%₹411.96 Cr2.1%
Invesco India Multi Asset Allocation Fund Regular Growth

Very High Risk

1.4%1.0%₹1107.74 Cr13.0%
Invesco India Multi Asset Allocation Fund Direct Growth

Very High Risk

0.4%1.0%₹1107.74 Cr14.5%
Union Multi Asset Allocation Fund Regular Growth

Very High Risk

1.8%1.0%₹963.51 Cr12.6%
Union Multi Asset Allocation Fund Direct Growth

Very High Risk

0.9%1.0%₹963.51 Cr13.9%
Bajaj Finserv Multi Asset Allocation Fund Direct Growth

Very High Risk

0.4%1.0%₹1851.25 Cr9.3%
Bajaj Finserv Multi Asset Allocation Fund Regular Growth

Very High Risk

1.7%1.0%₹1851.25 Cr7.7%
Mahindra Manulife Multi Asset Allocation Fund Direct Growth

Very High Risk

0.3%0.0%₹1117.94 Cr15.2%
Mahindra Manulife Multi Asset Allocation Fund Regular Growth

Very High Risk

1.6%0.0%₹1117.94 Cr13.4%
Quantum Multi Asset Allocation Fund Regular Growth

Very High Risk

2.0%1.0%₹57.17 Cr0.8%
Quantum Multi Asset Allocation Fund Direct Growth

Very High Risk

0.4%1.0%₹57.17 Cr2.5%
HSBC Multi Asset Allocation Fund Direct Growth

Moderate Risk

0.4%1.0%₹2979.17 Cr17.2%
HSBC Multi Asset Allocation Fund Regular Growth

Moderate Risk

1.6%1.0%₹2979.17 Cr15.6%
Bank of India Multi Asset Allocation Fund Regular Growth

High Risk

1.7%1.0%₹358.77 Cr9.9%
Bank of India Multi Asset Allocation Fund Direct Growth

High Risk

0.7%1.0%₹358.77 Cr11.1%
Mirae Asset Multi Asset Allocation Fund Regular Growth

High Risk

1.6%1.0%₹3422.92 Cr9.2%
Mirae Asset Multi Asset Allocation Fund Direct Growth

High Risk

0.3%1.0%₹3422.92 Cr10.8%
Bandhan Multi Asset Allocation Fund Regular Growth

Very High Risk

1.6%0.0%₹3380.49 Cr13.7%
Bandhan Multi Asset Allocation Fund Direct Growth

Very High Risk

0.3%0.0%₹3380.49 Cr15.4%
Sundaram Multi Asset Allocation Fund Direct Growth

High Risk

0.5%1.0%₹3286.20 Cr6.8%
Sundaram Multi Asset Allocation Fund Regular Growth

High Risk

1.8%1.0%₹3286.20 Cr5.3%
DSP Multi Asset Allocation Fund Regular Growth

Very High Risk

1.2%1.0%₹9801.76 Cr16.1%
DSP Multi Asset Allocation Fund Direct Growth

Very High Risk

0.3%1.0%₹9801.76 Cr17.4%
Kotak Multi Asset Allocation Fund Direct Growth

High Risk

0.5%1.0%₹13958.01 Cr20.2%
Kotak Multi Asset Allocation Fund Regular Growth

High Risk

1.7%1.0%₹13958.01 Cr18.8%
Shriram Multi Asset Allocation Fund Direct Growth

Very High Risk

0.9%1.0%₹138.81 Cr7.3%
Shriram Multi Asset Allocation Fund Regular Growth

Very High Risk

2.3%1.0%₹138.81 Cr5.6%
Baroda BNP Paribas Multi Asset Fund Regular Growth

High Risk

1.7%1.0%₹1427.85 Cr6.8%
Baroda BNP Paribas Multi Asset Fund Direct Growth

High Risk

0.8%1.0%₹1427.85 Cr8.0%
Edelweiss Multi Asset Allocation Fund Regular Growth

Low Risk

0.8%0.0%₹2658.45 Cr6.1%
Edelweiss Multi Asset Allocation Fund Direct Growth

Low Risk

0.5%0.0%₹2658.45 Cr6.4%

About the AMC

HSBC Mutual Fund

HSBC Mutual Fund

Total AUM

₹1,42,321 Cr

Address

16, V N Road, Mumbai, 400 001

Other Funds by HSBC Mutual Fund

Fund nameExpense RatioExit LoadFund size
1Y
RedHex Hybrid Long-Short Fund Direct Growth

Low to Moderate Risk

-2.0%--
HSBC Gold ETF Fund of Fund Direct Growth

High Risk

0.6%1.0%₹387.02 Cr-
HSBC Financial Services Fund Direct Growth

Very High Risk

0.7%1.0%₹876.05 Cr8.5%
HSBC India Export Opportunities Fund Direct Growth

Very High Risk

0.7%1.0%₹1206.79 Cr11.3%
HSBC Multi Asset Allocation Fund Direct Growth

Moderate Risk

0.4%1.0%₹2979.17 Cr17.2%
HSBC Consumption Fund Direct Growth

Very High Risk

0.7%1.0%₹1651.31 Cr1.5%
HSBC Balanced Advantage Fund Direct Growth

Moderately High risk

0.7%1.0%₹1492.28 Cr2.3%
HSBC Infrastructure Fund Direct Growth

Very High Risk

0.8%1.0%₹2441.47 Cr5.3%
HSBC Aggressive Hybrid Fund Direct Growth

Very High Risk

0.7%1.0%₹5504.80 Cr6.2%
HSBC Value Fund Direct Growth

Very High Risk

0.6%1.0%₹14547.71 Cr2.1%
HSBC Credit Risk Fund Direct Growth

Moderately High risk

0.8%1.0%₹470.99 Cr6.5%
HSBC Banking & PSU Debt Direct Growth

Moderate Risk

0.2%0.0%₹3967.36 Cr5.7%
HSBC Midcap Fund Direct Growth

Very High Risk

0.6%1.0%₹14249.22 Cr17.5%
HSBC ELSS Fund Direct Growth

Very High Risk

1.0%0.0%₹3985.49 Cr2.4%
HSBC Equity Savings Fund Direct Growth

Moderately High risk

0.6%0.0%₹1016.10 Cr12.0%
HSBC Low Duration Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹1012.45 Cr6.5%
HSBC Short Duration Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹3844.35 Cr5.7%
HSBC Corporate Bond Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹5786.52 Cr5.8%
HSBC Dynamic Bond Fund Direct Growth

Moderate Risk

0.2%0.0%₹124.70 Cr4.1%
HSBC Money Market Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹5803.77 Cr6.4%
HSBC Gilt Fund Direct Growth

Moderate Risk

0.4%0.0%₹165.59 Cr2.7%
HSBC Medium Duration Direct Growth

Moderate Risk

0.3%0.0%₹698.65 Cr6.3%
HSBC Focused Fund Direct Growth

Very High Risk

0.8%1.0%₹1679.42 Cr5.4%
HSBC Business Cycles Fund Direct Growth

Very High Risk

0.9%1.0%₹1142.20 Cr-2.6%
HSBC Overnight Fund Direct Growth

Low Risk

0.1%0.0%₹4680.62 Cr5.3%
HSBC Conservative Hybrid Fund Direct Growth

Moderately High risk

1.0%0.0%₹148.87 Cr5.0%
HSBC Large Cap Fund Direct Growth

Very High Risk

1.0%1.0%₹1758.08 Cr0.0%
HSBC Global Emerging Markets Fund Direct Growth

Very High Risk

1.3%1.0%₹511.96 Cr66.1%
HSBC Brazil Fund Direct Growth

Very High Risk

1.6%1.0%₹359.51 Cr32.0%
HSBC Medium to Long Duration Fund Direct Growth

Moderate Risk

0.6%0.0%₹47.70 Cr3.8%
HSBC Liquid Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹16117.36 Cr6.4%
HSBC Flexi Cap Fund Direct Growth

Very High Risk

0.9%1.0%₹5538.48 Cr2.3%
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

0.1%0.0%₹3524.69 Cr6.5%
HSBC CRISIL IBX 50:50 Gilt Plus SDL Apr 2028 Index Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹1934.77 Cr5.4%
HSBC Small Cap Fund Direct Growth

Very High Risk

0.6%1.0%₹16876.72 Cr5.0%
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

Moderate Risk

0.4%0.0%₹543.31 Cr5.6%
HSBC Managed Solutions India Moderate Direct Growth

Moderate Risk

1.1%1.0%₹98.07 Cr13.6%
HSBC Managed Solutions India Growth Direct Growth

Very High Risk

0.9%1.0%₹44.84 Cr5.3%
HSBC CRISIL IBX Gilt June 2027 Index Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹180.75 Cr5.7%
HSBC Arbitrage Fund Direct Growth

Low Risk

0.2%0.0%₹2666.71 Cr6.5%
HSBC Nifty Next 50 Index Fund Direct Growth

Very High Risk

0.3%1.0%₹159.42 Cr5.0%
HSBC Nifty 50 Index Fund Direct Growth

Very High Risk

0.1%1.0%₹373.00 Cr-5.1%
HSBC Large & Mid Cap Fund Direct Growth

Very High Risk

0.7%1.0%₹5110.15 Cr11.0%
HSBC Multi Cap Fund Direct Growth

Very High Risk

0.5%1.0%₹5620.77 Cr6.4%
HSBC Asia Pacific (Ex Japan) Dividend Yield Fund Direct Growth

Very High Risk

1.2%1.0%₹77.11 Cr48.4%

Risk Level

Your principal amount will be at Moderate Risk

Moderate 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-Jul-2026, is ₹14.23.
The fund's allocation of assets is distributed as 72.64% in equities, 8.53% in bonds, and 6.91% 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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