Fund Overview
Fund Size
₹16,061 Cr
Expense Ratio
0.63%
ISIN
INF917K01QA1
Minimum SIP
₹1,000
Exit Load
1.00%
Inception Date
12 May 2014
About this fund
HSBC Small Cap Fund Direct Growth is a Small-Cap mutual fund schemes offered by HSBC Mutual Fund. This fund has been in existence for 11 years, 1 months and 7 days, having been launched on 12-May-14.
As of 18-Jun-25, it has a Net Asset Value (NAV) of ₹90.67, Assets Under Management (AUM) of 16061.21 Crores, and an expense ratio of 0.63%.
As of 18-Jun-25, it has a Net Asset Value (NAV) of ₹90.67, Assets Under Management (AUM) of 16061.21 Crores, and an expense ratio of 0.63%.
- HSBC Small Cap Fund Direct Growth has given a CAGR return of 21.97% since inception.
- The fund's asset allocation comprises around 96.58% in equities, 0.00% in debts, and 3.42% in cash & cash equivalents.
- You can start investing in HSBC Small Cap 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
-1.85%
+3.72% (Cat Avg.)
3 Years
+28.54%
+27.47% (Cat Avg.)
5 Years
+36.97%
+34.59% (Cat Avg.)
10 Years
+20.54%
+17.98% (Cat Avg.)
Since Inception
+21.97%
— (Cat Avg.)
Portfolio Summaryas of 31st May 2025
| Equity | ₹15,511.76 Cr | 96.58% |
| Others | ₹549.46 Cr | 3.42% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Treps | Cash - Repurchase Agreement | ₹569.32 Cr | 3.54% |
| Aditya Birla Real Estate Ltd | Equity | ₹347.55 Cr | 2.16% |
| Techno Electric & Engineering Co Ltd | Equity | ₹340.34 Cr | 2.12% |
| K.P.R. Mill Ltd | Equity | ₹334.82 Cr | 2.08% |
| Nippon Life India Asset Management Ltd Ordinary Shares | Equity | ₹329.45 Cr | 2.05% |
| Multi Commodity Exchange of India Ltd | Equity | ₹316.37 Cr | 1.97% |
| The Federal Bank Ltd | Equity | ₹314.08 Cr | 1.96% |
| Jyoti CNC Automation Ltd | Equity | ₹300.24 Cr | 1.87% |
| PNB Housing Finance Ltd | Equity | ₹268.14 Cr | 1.67% |
| Neuland Laboratories Ltd | Equity | ₹265.85 Cr | 1.66% |
| Karur Vysya Bank Ltd | Equity | ₹264.09 Cr | 1.64% |
| KFin Technologies Ltd | Equity | ₹262.1 Cr | 1.63% |
| Kirloskar Pneumatic Co Ltd | Equity | ₹261.67 Cr | 1.63% |
| Time Technoplast Ltd | Equity | ₹257.4 Cr | 1.60% |
| Supreme Petrochem Ltd | Equity | ₹254.79 Cr | 1.59% |
| GE Vernova T&D India Ltd | Equity | ₹249.36 Cr | 1.55% |
| Engineers India Ltd | Equity | ₹244.05 Cr | 1.52% |
| Ratnamani Metals & Tubes Ltd | Equity | ₹239.17 Cr | 1.49% |
| Sumitomo Chemical India Ltd Ordinary Shares | Equity | ₹236.76 Cr | 1.47% |
| Radico Khaitan Ltd | Equity | ₹231.27 Cr | 1.44% |
| Amber Enterprises India Ltd Ordinary Shares | Equity | ₹231.19 Cr | 1.44% |
| Brigade Enterprises Ltd | Equity | ₹229.78 Cr | 1.43% |
| Gokaldas Exports Ltd | Equity | ₹225.52 Cr | 1.40% |
| Sobha Ltd | Equity | ₹218.95 Cr | 1.36% |
| E I D Parry India Ltd | Equity | ₹214.68 Cr | 1.34% |
| Apar Industries Ltd | Equity | ₹198.63 Cr | 1.24% |
| Dixon Technologies (India) Ltd | Equity | ₹194.52 Cr | 1.21% |
| Wockhardt Ltd | Equity | ₹194.17 Cr | 1.21% |
| KEI Industries Ltd | Equity | ₹194.12 Cr | 1.21% |
| Housing & Urban Development Corp Ltd | Equity | ₹194.03 Cr | 1.21% |
| Kaynes Technology India Ltd | Equity | ₹192.56 Cr | 1.20% |
| eClerx Services Ltd | Equity | ₹192.43 Cr | 1.20% |
| Balrampur Chini Mills Ltd | Equity | ₹186.8 Cr | 1.16% |
| Finolex Cables Ltd | Equity | ₹185.38 Cr | 1.15% |
| Trent Ltd | Equity | ₹183.75 Cr | 1.14% |
| KEC International Ltd | Equity | ₹183.21 Cr | 1.14% |
| Cohance Lifesciences Ltd | Equity | ₹183.12 Cr | 1.14% |
| CCL Products (India) Ltd | Equity | ₹181.79 Cr | 1.13% |
| Cholamandalam Financial Holdings Ltd | Equity | ₹179.46 Cr | 1.12% |
| KPIT Technologies Ltd | Equity | ₹178.65 Cr | 1.11% |
| Motilal Oswal Financial Services Ltd | Equity | ₹178.64 Cr | 1.11% |
| Firstsource Solutions Ltd | Equity | ₹163.72 Cr | 1.02% |
| H.G. Infra Engineering Ltd Ordinary Shares | Equity | ₹163.55 Cr | 1.02% |
| Tube Investments of India Ltd Ordinary Shares | Equity | ₹163.53 Cr | 1.02% |
| Polycab India Ltd | Equity | ₹163.39 Cr | 1.02% |
| Devyani International Ltd | Equity | ₹160.7 Cr | 1.00% |
| Persistent Systems Ltd | Equity | ₹160.46 Cr | 1.00% |
| Oberoi Realty Ltd | Equity | ₹159.19 Cr | 0.99% |
| Cera Sanitaryware Ltd | Equity | ₹158.16 Cr | 0.98% |
| Lemon Tree Hotels Ltd | Equity | ₹157.67 Cr | 0.98% |
| Kajaria Ceramics Ltd | Equity | ₹156.66 Cr | 0.98% |
| EIH Ltd | Equity | ₹153.04 Cr | 0.95% |
| Concord Biotech Ltd | Equity | ₹149.32 Cr | 0.93% |
| BSE Ltd | Equity | ₹149.21 Cr | 0.93% |
| Blue Star Ltd | Equity | ₹148.92 Cr | 0.93% |
| IIFL Finance Ltd | Equity | ₹148.19 Cr | 0.92% |
| Titagarh Rail Systems Ltd | Equity | ₹145.37 Cr | 0.91% |
| Suzlon Energy Ltd | Equity | ₹145.28 Cr | 0.90% |
| Aegis Logistics Ltd | Equity | ₹144.74 Cr | 0.90% |
| Vijaya Diagnostic Centre Ltd | Equity | ₹141.69 Cr | 0.88% |
| PG Electroplast Ltd | Equity | ₹134.19 Cr | 0.84% |
| Prudent Corporate Advisory Services Ltd | Equity | ₹132.73 Cr | 0.83% |
| Finolex Industries Ltd | Equity | ₹130.56 Cr | 0.81% |
| Grindwell Norton Ltd | Equity | ₹124.65 Cr | 0.78% |
| Welspun Living Ltd | Equity | ₹124.24 Cr | 0.77% |
| PTC Industries Ltd | Equity | ₹123.4 Cr | 0.77% |
| Vinati Organics Ltd | Equity | ₹108.43 Cr | 0.68% |
| Jindal Saw Ltd | Equity | ₹107.31 Cr | 0.67% |
| Sundaram Finance Ltd | Equity | ₹106.78 Cr | 0.66% |
| Sharda Motor Industries Ltd | Equity | ₹105.96 Cr | 0.66% |
| Sonata Software Ltd | Equity | ₹103.65 Cr | 0.65% |
| Carborundum Universal Ltd | Equity | ₹94.38 Cr | 0.59% |
| Bikaji Foods International Ltd | Equity | ₹91.88 Cr | 0.57% |
| Supreme Industries Ltd | Equity | ₹89.99 Cr | 0.56% |
| Exide Industries Ltd | Equity | ₹88.97 Cr | 0.55% |
| Ipca Laboratories Ltd | Equity | ₹86.46 Cr | 0.54% |
| Motherson Sumi Wiring India Ltd | Equity | ₹79.42 Cr | 0.49% |
| Century Plyboards (India) Ltd | Equity | ₹76.95 Cr | 0.48% |
| Maharashtra Seamless Ltd | Equity | ₹76.46 Cr | 0.48% |
| Alkyl Amines Chemicals Ltd | Equity | ₹74.92 Cr | 0.47% |
| Sai Life Sciences Ltd | Equity | ₹73.93 Cr | 0.46% |
| PNC Infratech Ltd | Equity | ₹73.85 Cr | 0.46% |
| Carraro India Ltd | Equity | ₹72.53 Cr | 0.45% |
| Indo Count Industries Ltd | Equity | ₹72.12 Cr | 0.45% |
| JK Tyre & Industries Ltd | Equity | ₹67.51 Cr | 0.42% |
| Somany Ceramics Ltd | Equity | ₹65.42 Cr | 0.41% |
| NCC Ltd | Equity | ₹63.52 Cr | 0.40% |
| Apollo Pipes Ltd | Equity | ₹62.86 Cr | 0.39% |
| Rolex Rings Ltd | Equity | ₹62.01 Cr | 0.39% |
| UNO Minda Ltd | Equity | ₹60.11 Cr | 0.37% |
| Aster DM Healthcare Ltd Ordinary Shares | Equity | ₹58.41 Cr | 0.36% |
| Safari Industries (India) Ltd | Equity | ₹54.95 Cr | 0.34% |
| Nitin Spinners Ltd | Equity | ₹50.85 Cr | 0.32% |
| Hindustan Foods Ltd | Equity | ₹42.55 Cr | 0.26% |
| Delhivery Ltd | Equity | ₹39.74 Cr | 0.25% |
| Hi-Tech Pipes Ltd | Equity | ₹38.92 Cr | 0.24% |
| Happy Forgings Ltd | Equity | ₹37.46 Cr | 0.23% |
| Wim Plast Ltd | Equity | ₹24.04 Cr | 0.15% |
| LMW Ltd | Equity | ₹21.3 Cr | 0.13% |
| Net Current Assets (Including Cash & Bank Balances) | Cash | ₹-19.86 Cr | 0.12% |
| Sterling Tools Ltd | Equity | ₹19.28 Cr | 0.12% |
| IIFL Capital Services Ltd Ordinary Shares | Equity | ₹17.39 Cr | 0.11% |
Allocation By Market Cap (Equity)
Large Cap Stocks
2.16%
Mid Cap Stocks
22.31%
Small Cap Stocks
72.11%
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Industrials | ₹4,645.37 Cr | 28.92% |
| Financial Services | ₹2,598.56 Cr | 16.18% |
| Consumer Cyclical | ₹2,504.79 Cr | 15.60% |
| Basic Materials | ₹1,775.97 Cr | 11.06% |
| Technology | ₹1,389.71 Cr | 8.65% |
| Healthcare | ₹1,152.95 Cr | 7.18% |
| Consumer Defensive | ₹691.74 Cr | 4.31% |
| Real Estate | ₹607.93 Cr | 3.79% |
| Energy | ₹144.74 Cr | 0.90% |
Risk & Performance Ratios
Standard Deviation
This fund
18.41%
Cat. avg.
17.23%
Lower the better
Sharpe Ratio
This fund
0.95
Cat. avg.
0.95
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
1.58
Higher the better
Fund Managers
VM
Venugopal Manghat
Since December 2019
SG
Sonal Gupta
Since October 2023
Additional Scheme Detailsas of 31st May 2025
ISIN | INF917K01QA1 | Expense Ratio | 0.63% | Exit Load | 1.00% | Fund Size | ₹16,061 Cr | Age | 11 years 1 month | Lumpsum Minimum | ₹5,000 | Fund Status | Open Ended Investment Company | Benchmark | Nifty Smallcap 250 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 Small-Cap Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Mirae Asset Small Cap Fund Regular Growth Very High Risk | 2.0% | 1.0% | ₹1580.47 Cr | - |
| Mirae Asset Small Cap Fund Direct Growth Very High Risk | 0.4% | 1.0% | ₹1580.47 Cr | - |
| TrustMF Small Cap Fund Direct Growth Very High Risk | 0.5% | 1.0% | ₹970.00 Cr | - |
| TrustMF Small Cap Fund Regular Growth Very High Risk | 2.2% | 1.0% | ₹970.00 Cr | - |
| JM Small Cap Fund Regular Growth Very High Risk | 2.3% | 1.0% | ₹720.48 Cr | 0.0% |
| JM Small Cap Fund Direct Growth Very High Risk | 0.6% | 1.0% | ₹720.48 Cr | 1.8% |
| Motilal Oswal Nifty Smallcap 250 ETF Very High Risk | 0.3% | - | ₹100.05 Cr | 0.7% |
| Motilal Oswal Small Cap Fund Regular Growth Very High Risk | 1.8% | 1.0% | ₹4927.18 Cr | 15.5% |
| Motilal Oswal Small Cap Fund Direct Growth Very High Risk | 0.6% | 1.0% | ₹4927.18 Cr | 17.1% |
| Quantum Small Cap Fund Direct Growth Very High Risk | 0.7% | 1.0% | ₹132.10 Cr | 8.7% |
About the AMC
Total AUM
₹1,22,950 Cr
Address
16, V N Road, Mumbai, 400 001
Other Funds by HSBC Mutual Fund
Risk Level
Your principal amount will be at Very High Risk
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We're here to help.
What is the current NAV of HSBC Small Cap Fund Direct Growth?
The NAV of HSBC Small Cap Fund Direct Growth, as of 18-Jun-2025, is ₹90.67.
What are the returns of HSBC Small Cap Fund Direct Growth?
The fund has generated -1.85% over the last 1 year and 28.54% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
What is the portfolio composition of HSBC Small Cap Fund Direct Growth?
The fund's allocation of assets is distributed as 96.58% in equities, 0.00% in bonds, and 3.42% in cash and cash equivalents.
Who manages the HSBC Small Cap Fund Direct Growth?
The fund managers responsible for HSBC Small Cap Fund Direct Growth are:-
- Venugopal Manghat
- Sonal Gupta
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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Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.