HSBC Focused Fund
- NAV as on 25 Sep 2026
- ₹27.11+0.09%1 day
- Return since launch
- 17.6%
- 52-week range
- ₹22.59 — ₹27.97
- AUM
- ₹1,843 Cr
HSBC Focused Fund is a Focused equity fund from HSBC Mutual Fund with ₹1,843 Cr under management, launched in 2020. Over three years it has returned 9.3% a year, against 11.3% for its category. The expense ratio is 2.22% and the SEBI riskometer reading is Very High.
Performance
HSBC Focused Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned +9.9% against +1.8% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 11.9% | +8.5 pts | 3.4% | 1.8% |
| 2Y | 8.8% | +5.4 pts | 3.3% | 2.3% |
| 3Y | 9.3% | −1.9 pts | 11.3% | 4.6% |
| 5Y | 12.7% | +3.3 pts | 9.3% | 9.1% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | -3.0% | +0.7 pts | -3.7% | -3.5% |
| 3M | 4.1% | +3.5 pts | 0.6% | 0.5% |
| 6M | 17.4% | +5.2 pts | 12.2% | 11.1% |
| 1Y | 9.9% | +6.5 pts | 3.4% | 1.7% |
| 2Y | 1.8% | +3.7 pts | -1.9% | -2.4% |
| 3Y | 13.9% | +2.6 pts | 11.3% | 10.2% |
| 5Y | 10.8% | +1.4 pts | 9.3% | 8.6% |
Since launch (1 Jul 2020): 17.6%
Calendar-year returns
Category averageShow as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | 1.8% | −4.2 pts | 6.0% |
| 2024 | 22.6% | +1.8 pts | 20.9% |
| 2023 | 29.3% | +1.7 pts | 27.7% |
| 2022 | -3.4% | −5.8 pts | 2.4% |
| 2021 | 26.2% | −7.0 pts | 33.2% |
Returns over one year are annualised. Shorter periods are absolute.
Costs & terms
Costs and terms
What the fund charges each year, and the rules around putting money in and taking it out.
Costs
2.26%
Expense ratio as on 25 Sep 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 1.78%
- Brokerage
- 0.05%
- Transaction charges
- 0.00%
- Statutory levies
- 0.43%
- Exit load
- Exit load for units in excess of 10% of the investment,1% will be charged for redemption within 1 year.
- Lock-in
- None
Terms
- Min SIP
- ₹3,000
- Min lumpsum
- ₹5,000
- Plan
- GROWTH
- Fund type
- OPEN-ENDED
- Benchmark
- NIFTY 500 TRI
- Short-term capital gains
- Returns taxed at 20% if you redeem before 1 year
- Long-term capital gains
- After 1 year, returns above ₹1.25 lakh in a financial year are taxed at 12.5%
Risk
Risk
What the riskometer means for this fund, and how its ratios sit against the category.
Your principal is treated as being at very high risk — typically small cap, sectoral and thematic equity schemes.
| Ratio | Fund | Category avg | Read as |
|---|---|---|---|
| Alpha | 2.98 | 5.04 | Return earned above what the benchmark alone would have given. Higher is better. |
| Beta | 1.02 | 0.96 | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | 0.60 | 0.74 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 0.70 | 1.00 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 16.73 | 15.86 | How widely monthly returns have varied around their own average. Lower is steadier. |
| Average of 5 category peers | |||
Portfolio
HSBC Focused Fund portfolio
Portfolio as of 31 Aug 2026
Asset allocation
- Equity95.7%
- Other4.3%
Market cap split
- Large48.5%
- Mid35.8%
- Small15.7%
- P/E
- 34.23
- P/B
- 4.45
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| ICICI Bank Ltd. | Financial | 8.13% | ₹150 Cr | +7.71% | +8.96% | +9.34% |
| HDFC Bank Ltd. | Financial | 5.77% | ₹106 Cr | +6.65% | +8.39% | +9.25% |
| Shriram Finance Ltd | Financial | 4.67% | ₹86.02 Cr | +4.51% | +6.06% | +4.40% |
| Multi Commodity Exchange Of India Ltd. | Services | 4.61% | ₹85.00 Cr | +4.66% | +4.33% | +3.37% |
| Larsen & Toubro Ltd. | Construction | 4.39% | ₹80.90 Cr | +4.85% | +5.05% | — |
| Others | Others | 4.33% | ₹79.83 Cr | -0.26% | -0.26% | +0.08% |
| Reliance Industries Ltd. | Energy | 4.16% | ₹76.62 Cr | +4.41% | — | — |
| Infosys Ltd. | Technology | 4.00% | ₹73.70 Cr | +3.80% | +4.22% | +4.91% |
| TVS Motor Company Ltd. | Automobile | 4.00% | ₹73.80 Cr | +3.40% | +3.89% | +3.98% |
| Nippon Life India Asset Management Ltd. | Financial | 3.82% | ₹70.34 Cr | +4.59% | +4.40% | +4.17% |
| Kei Industries Ltd. | Capital Goods | 3.74% | ₹68.88 Cr | +4.23% | +4.50% | +4.28% |
| Shadowfax Technologies Ltd. | Services | 3.65% | ₹67.20 Cr | +3.68% | +2.29% | — |
| Eternal Ltd. | Services | 3.56% | ₹65.62 Cr | +2.98% | +2.91% | +2.38% |
| Kalyan Jewellers India Ltd. | Consumer Discretionary | 3.26% | ₹60.10 Cr | +2.11% | +2.42% | +3.06% |
| Tata Motors Ltd. | Automobile | 3.07% | ₹56.53 Cr | — | +2.69% | — |
| GE Vernova T&D India Ltd | Capital Goods | 3.01% | ₹55.57 Cr | +4.60% | +4.55% | +4.22% |
| Manipal Health Enterprises Ltd. | Healthcare | 2.90% | ₹53.40 Cr | — | — | — |
| company:1333 | Consumer Staples | 2.88% | ₹53.11 Cr | — | — | — |
| company:20770 | Capital Goods | 2.80% | ₹51.61 Cr | — | — | — |
| Mankind Pharma Ltd. | Healthcare | 2.76% | ₹50.80 Cr | +2.97% | +2.79% | +2.63% |
| HDB Financial Services Ltd. | Financial | 2.59% | ₹47.76 Cr | +2.78% | +2.92% | +4.02% |
| TD Power Systems Ltd. | Capital Goods | 2.53% | ₹46.62 Cr | +2.36% | — | — |
| Hyundai Motor India Ltd. | Automobile | 2.39% | ₹44.10 Cr | +2.29% | — | — |
| Blue Star Ltd. | Consumer Discretionary | 2.38% | ₹43.91 Cr | +2.84% | +3.44% | +3.43% |
| Swiggy Ltd. | Services | 2.29% | ₹42.29 Cr | +2.30% | +2.67% | +3.73% |
| RBL Bank Ltd. | Financial | 2.27% | ₹41.84 Cr | +2.26% | — | — |
| company:3914 | Consumer Staples | 2.25% | ₹41.50 Cr | — | — | — |
| Artemis Medicare Services Ltd. | Healthcare | 2.15% | ₹39.68 Cr | +2.03% | +1.77% | +1.66% |
| Krishna Institute of Medical Sciences Ltd | Healthcare | 1.64% | ₹30.22 Cr | +2.71% | +2.64% | — |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| Others | 5.88% | -0.18% | -6.06% |
| company:1333 | 0.00% | 2.88% | +2.88% |
| company:20770 | 0.00% | 2.80% | +2.80% |
| company:3914 | 0.00% | 2.25% | +2.25% |
| Oil And Natural Gas Corporation Ltd. | 2.05% | 0.00% | -2.05% |
| Hindustan Unilever Ltd. | 1.78% | 0.00% | -1.78% |
| Manipal Health Enterprises Ltd. | 1.15% | 2.90% | +1.75% |
| Krishna Institute of Medical Sciences Ltd | 2.72% | 1.64% | -1.08% |
| Epigral Ltd. | 0.88% | 0.00% | -0.88% |
| TD Power Systems Ltd. | 1.91% | 2.53% | +0.62% |
| Tata Motors Ltd. | 2.46% | 3.07% | +0.61% |
| Multi Commodity Exchange Of India Ltd. | 4.02% | 4.61% | +0.59% |
| HDFC Bank Ltd. | 6.33% | 5.77% | -0.56% |
| Blue Star Ltd. | 2.85% | 2.38% | -0.47% |
| Shadowfax Technologies Ltd. | 4.11% | 3.65% | -0.46% |
| Kei Industries Ltd. | 3.38% | 3.74% | +0.36% |
| Reliance Industries Ltd. | 4.43% | 4.16% | -0.27% |
| ICICI Bank Ltd. | 8.34% | 8.13% | -0.21% |
| Kalyan Jewellers India Ltd. | 3.46% | 3.26% | -0.20% |
| Mankind Pharma Ltd. | 2.93% | 2.76% | -0.17% |
| Eternal Ltd. | 3.41% | 3.56% | +0.15% |
| Infosys Ltd. | 4.14% | 4.00% | -0.14% |
| TVS Motor Company Ltd. | 4.14% | 4.00% | -0.14% |
| HDB Financial Services Ltd. | 2.71% | 2.59% | -0.12% |
| Swiggy Ltd. | 2.41% | 2.29% | -0.12% |
| Nippon Life India Asset Management Ltd. | 3.93% | 3.82% | -0.11% |
| Hyundai Motor India Ltd. | 2.46% | 2.39% | -0.07% |
| RBL Bank Ltd. | 2.33% | 2.27% | -0.06% |
| Larsen & Toubro Ltd. | 4.44% | 4.39% | -0.05% |
| Artemis Medicare Services Ltd. | 2.10% | 2.15% | +0.05% |
| Shriram Finance Ltd | 4.72% | 4.67% | -0.05% |
| GE Vernova T&D India Ltd | 3.05% | 3.01% | -0.04% |
Compare
Similar funds
The rest of the category, so this fund’s numbers have something to sit against.
| Fund | AUM | Expense | 1Y | 3Y | 5Y |
|---|---|---|---|---|---|
| Category average | ₹15,674 Cr | 2.10% | 6.9% | 9.2% | 13.7% |
 SBI Focused Fund | ₹51,248 Cr | 1.60% | 7.3% | 11.3% | 13.0% |
 ICICI Prudential Focused Fund | ₹17,949 Cr | 2.15% | -2.5% | 6.9% | 13.4% |
 Invesco India Focused Fund | ₹6,454 Cr | 1.94% | 14.6% | 9.7% | 15.4% |
 Bandhan Focused Fund | ₹2,094 Cr | 2.22% | 10.6% | 9.2% | 12.9% |
 ITI Focused Fund | ₹629 Cr | 2.59% | 4.5% | 8.7% | — |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
Investment objective
The Scheme seeks long term capital growth through investments in a concentrated portfolio of equity & equity related instruments of up to 30 companies across market capitalization.
Fund managers
- Neelotpal SahaiMr. Sahai is a B.Tech from IT BHU and PGDM from IIMPrior to joining HSBC AMC he has worked with IDFC Investment Advisors.
Tools
Return calculator
What ₹10,000 a month in this fund would have grown to over each period, based on its past returns.
| Over the past | Total investment | Would’ve become | Growth | Returns |
|---|---|---|---|---|
| 6 months17.39% absolute | ₹60,000 | ₹70,434 | 17.39% | |
| 1 year9.86% annualised | ₹1,20,000 | ₹1,26,606 | 5.51% | |
| 3 years13.86% annualised | ₹3,60,000 | ₹4,48,389 | 24.55% | |
| 5 years10.76% annualised | ₹6,00,000 | ₹7,97,208 | 32.87% |
Returns for 1 year and longer are annualised (CAGR); 6-month figures are absolute. Past returns are not a forecast.
How this is calculated
Each monthly instalment grows at the fund’s annualised return ÷ 12 per month until the end of the period, the same formula as our SIP calculator.
The amount compounds once a year at the fund’s CAGR for that period, the same formula as our lumpsum calculator.
Questions
Frequently asked questions
The things people ask about this scheme.