HSBC India Export Opportunities Fund
ThematicVery HighOPEN-ENDED
- NAV as on 25 Sep 2026
- ₹11.70+0.54%1 day
- Return since launch
- 8.3%
- 52-week range
- ₹8.79 — ₹11.95
- AUM
- ₹1,326 Cr
HSBC India Export Opportunities Fund is a Thematic equity fund from HSBC Mutual Fund with ₹1,326 Cr under management, launched in 2024. The expense ratio is 2.39% and the SEBI riskometer reading is Very High.
Performance
HSBC India Export Opportunities Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned +22.2% against -4.6% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 31.1% | +27.2 pts | 3.9% | -3.3% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | -0.6% | +3.3 pts | -4.0% | -3.5% |
| 3M | 9.0% | +8.6 pts | 0.4% | -0.9% |
| 6M | 29.2% | +14.9 pts | 14.3% | 10.5% |
| 1Y | 22.2% | +18.3 pts | 3.9% | -4.7% |
Since launch (5 Sep 2024): 8.3%
Calendar-year returns
Category average0.9%
Show as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | 0.9% | −2.2 pts | 3.0% |
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
2.36%
Expense ratio as on 25 Sep 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 1.84%
- Brokerage
- 0.06%
- Transaction charges
- 0.00%
- Statutory levies
- 0.46%
- 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.
Very High
Your principal is treated as being at very high risk — typically small cap, sectoral and thematic equity schemes.
Portfolio
HSBC India Export Opportunities Fund portfolio
Portfolio as of 31 Aug 2026
Asset allocation
- Equity96.9%
- Other3.1%
Market cap split
- Large40.1%
- Mid13.9%
- Small46.0%
- P/E
- 35.52
- P/B
- 4.97
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Avalon Technologies Ltd. | Capital Goods | 7.42% | ₹98.42 Cr | +6.08% | +5.04% | +3.35% |
| Pearl Global Industries Ltd. | Textiles | 5.17% | ₹68.59 Cr | +3.81% | +3.46% | +2.13% |
| Hindalco Industries Ltd. | Metals & Mining | 3.97% | ₹52.65 Cr | +3.79% | +3.81% | +2.81% |
| Divi's Laboratories Ltd. | Healthcare | 3.87% | ₹51.27 Cr | +2.99% | +3.31% | +2.24% |
| Reliance Industries Ltd. | Energy | 3.46% | ₹45.81 Cr | +3.93% | +3.96% | +4.39% |
| Larsen & Toubro Ltd. | Construction | 3.16% | ₹41.85 Cr | +3.49% | +5.00% | +3.80% |
| Others | Others | 3.10% | ₹41.09 Cr | +2.34% | -0.90% | -0.10% |
| Garware Hi-Tech Films Ltd. | Materials | 2.94% | ₹38.91 Cr | +3.02% | +1.32% | — |
| TVS Motor Company Ltd. | Automobile | 2.67% | ₹35.42 Cr | +2.27% | +3.84% | +3.99% |
| Lenskart Solutions Ltd. | Consumer Discretionary | 2.61% | ₹34.64 Cr | +1.89% | +1.35% | — |
| Aarti Industries Ltd. | Chemicals | 2.42% | ₹32.15 Cr | +2.41% | +2.39% | +1.28% |
| eClerx Services Ltd. | Services | 2.42% | ₹32.04 Cr | +2.22% | +2.43% | +3.33% |
| National Aluminium Company Ltd. | Metals & Mining | 2.39% | ₹31.74 Cr | +2.93% | +2.69% | +1.65% |
| Indo Count Industries Ltd. | Textiles | 2.38% | ₹31.57 Cr | +1.96% | +1.59% | +0.96% |
| Torrent Pharmaceuticals Ltd. | Healthcare | 2.35% | ₹31.16 Cr | — | — | — |
| TD Power Systems Ltd. | Capital Goods | 2.32% | ₹30.74 Cr | +2.16% | +1.18% | — |
| Sun Pharmaceutical Industries Ltd. | Healthcare | 2.26% | ₹29.94 Cr | +2.25% | +2.39% | +3.10% |
| GE Vernova T&D India Ltd | Capital Goods | 2.25% | ₹29.80 Cr | +3.97% | +3.44% | +3.48% |
| Wockhardt Ltd. | Healthcare | 2.24% | ₹29.70 Cr | +2.94% | +2.53% | +1.94% |
| Bharti Airtel Ltd. | Communication | 2.17% | ₹28.78 Cr | +2.41% | +3.61% | +3.79% |
| Stylam Industries Ltd. | Materials | 2.13% | ₹28.24 Cr | +2.22% | +1.93% | +0.96% |
| Tech Mahindra Ltd. | Technology | 2.13% | ₹28.31 Cr | +2.14% | +2.10% | +2.22% |
| Samvardhana Motherson International Ltd. | Automobile | 1.81% | ₹23.95 Cr | +2.33% | +2.62% | +1.42% |
| Jyoti CNC Automation Ltd. | Capital Goods | 1.77% | ₹23.51 Cr | +1.17% | +1.33% | +1.74% |
| K.P.R. Mill Ltd. | Textiles | 1.70% | ₹22.48 Cr | +1.53% | +1.36% | +1.51% |
| Shriram Finance Ltd | Financial | 1.66% | ₹21.98 Cr | +1.32% | — | — |
| Ather Energy Ltd. | Automobile | 1.58% | ₹20.88 Cr | +1.38% | +1.41% | — |
| Sagility Ltd. | Services | 1.52% | ₹20.21 Cr | +1.46% | +1.10% | — |
| Kotak Mahindra Bank Ltd. | Financial | 1.47% | ₹19.48 Cr | +1.48% | — | — |
| KSH International Ltd. | Capital Goods | 1.40% | ₹18.51 Cr | — | — | — |
| Firstsource Solutions Ltd. | Services | 1.38% | ₹18.29 Cr | +1.50% | +1.68% | +2.37% |
| Billionbrains Garage Ventures Ltd. | Financial | 1.36% | ₹18.02 Cr | +1.44% | — | — |
| CCL Products (India) Ltd. | Consumer Staples | 1.34% | ₹17.83 Cr | +2.15% | +2.76% | +1.84% |
| Eicher Motors Ltd. | Automobile | 1.33% | ₹17.68 Cr | +1.79% | +2.21% | +0.80% |
| Marico Ltd. | Consumer Staples | 1.31% | ₹17.38 Cr | +1.44% | +1.63% | +2.67% |
| Varun Beverages Ltd. | Consumer Staples | 1.30% | ₹17.25 Cr | +2.91% | +3.27% | +2.74% |
| Lupin Ltd. | Healthcare | 1.27% | ₹16.80 Cr | +1.44% | +2.13% | +2.07% |
| Senores Pharmaceuticals Ltd. | Healthcare | 1.27% | ₹16.81 Cr | — | — | — |
| APL Apollo Tubes Ltd. | Metals & Mining | 1.25% | ₹16.63 Cr | +0.89% | — | — |
| Mphasis Ltd. | Technology | 1.19% | ₹15.73 Cr | +0.97% | — | — |
| Craftsman Automation Ltd. | Automobile | 1.15% | ₹15.29 Cr | +1.03% | — | — |
| RBL Bank Ltd. | Financial | 1.15% | ₹15.21 Cr | +1.14% | — | — |
| Hyundai Motor India Ltd. | Automobile | 1.03% | ₹13.65 Cr | +0.99% | — | +2.75% |
| LTM Limited | Technology | 0.99% | ₹13.15 Cr | +1.26% | +1.89% | +2.29% |
| Tata Consumer Products Ltd. | Consumer Staples | 0.96% | ₹12.79 Cr | +1.20% | — | — |
| Diamond Power Infrastructure Ltd. | Capital Goods | 0.89% | ₹11.77 Cr | — | — | — |
| State Bank of India | Financial | 0.87% | ₹11.54 Cr | +0.87% | — | — |
| company:1333 | Consumer Staples | 0.73% | ₹9.64 Cr | — | — | — |
| company:6922 | Metals & Mining | 0.49% | ₹6.53 Cr | — | — | — |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| Others | 0.97% | -0.27% | -1.24% |
| Varun Beverages Ltd. | 2.39% | 1.30% | -1.09% |
| Avalon Technologies Ltd. | 6.40% | 7.42% | +1.02% |
| company:1333 | 0.00% | 0.73% | +0.73% |
| Lenskart Solutions Ltd. | 1.98% | 2.61% | +0.63% |
| Wockhardt Ltd. | 2.78% | 2.24% | -0.54% |
| Garware Hi-Tech Films Ltd. | 3.45% | 2.94% | -0.51% |
| Pearl Global Industries Ltd. | 4.66% | 5.17% | +0.51% |
| TD Power Systems Ltd. | 1.81% | 2.32% | +0.51% |
| company:6922 | 0.00% | 0.49% | +0.49% |
| Senores Pharmaceuticals Ltd. | 1.66% | 1.27% | -0.39% |
| APL Apollo Tubes Ltd. | 0.87% | 1.25% | +0.38% |
| MTAR Technologies Ltd. | 0.38% | 0.00% | -0.38% |
| Bharti Airtel Ltd. | 2.54% | 2.17% | -0.37% |
| Ather Energy Ltd. | 1.24% | 1.58% | +0.34% |
| Reliance Industries Ltd. | 3.80% | 3.46% | -0.34% |
| Divi's Laboratories Ltd. | 3.54% | 3.87% | +0.33% |
| Firstsource Solutions Ltd. | 1.69% | 1.38% | -0.31% |
| KSH International Ltd. | 1.16% | 1.40% | +0.24% |
| Lupin Ltd. | 1.50% | 1.27% | -0.23% |
| Jyoti CNC Automation Ltd. | 1.55% | 1.77% | +0.22% |
| CCL Products (India) Ltd. | 1.55% | 1.34% | -0.21% |
| Tech Mahindra Ltd. | 2.33% | 2.13% | -0.20% |
| Torrent Pharmaceuticals Ltd. | 2.55% | 2.35% | -0.20% |
| Marico Ltd. | 1.50% | 1.31% | -0.19% |
| TVS Motor Company Ltd. | 2.85% | 2.67% | -0.18% |
| Sun Pharmaceutical Industries Ltd. | 2.43% | 2.26% | -0.17% |
| Larsen & Toubro Ltd. | 3.30% | 3.16% | -0.14% |
| Hindalco Industries Ltd. | 4.10% | 3.97% | -0.13% |
| Tata Consumer Products Ltd. | 1.08% | 0.96% | -0.12% |
| Billionbrains Garage Ventures Ltd. | 1.48% | 1.36% | -0.12% |
| Stylam Industries Ltd. | 2.24% | 2.13% | -0.11% |
| GE Vernova T&D India Ltd | 2.35% | 2.25% | -0.10% |
| Samvardhana Motherson International Ltd. | 1.71% | 1.81% | +0.10% |
| Indo Count Industries Ltd. | 2.46% | 2.38% | -0.08% |
| Eicher Motors Ltd. | 1.41% | 1.33% | -0.08% |
| K.P.R. Mill Ltd. | 1.62% | 1.70% | +0.08% |
| RBL Bank Ltd. | 1.22% | 1.15% | -0.07% |
| Hyundai Motor India Ltd. | 1.09% | 1.03% | -0.06% |
| Craftsman Automation Ltd. | 1.09% | 1.15% | +0.06% |
| Mphasis Ltd. | 1.23% | 1.19% | -0.04% |
| State Bank of India | 0.91% | 0.87% | -0.04% |
| National Aluminium Company Ltd. | 2.36% | 2.39% | +0.03% |
| LTM Limited | 1.02% | 0.99% | -0.03% |
| Shriram Finance Ltd | 1.68% | 1.66% | -0.02% |
| Aarti Industries Ltd. | 2.43% | 2.42% | -0.01% |
| Sagility Ltd. | 1.51% | 1.52% | +0.01% |
| Diamond Power Infrastructure Ltd. | 0.89% | 0.89% | 0.00% |
| Kotak Mahindra Bank Ltd. | 1.47% | 1.47% | 0.00% |
| eClerx Services Ltd. | 2.42% | 2.42% | 0.00% |
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 | ₹3,954 Cr | 2.14% | 17.1% | 14.2% | 14.2% |
 HDFC Defence Fund | ₹11,478 Cr | 1.79% | 34.5% | 26.7% | — |
 ICICI Prudential Commodities Fund | ₹4,277 Cr | 1.96% | 6.2% | 10.4% | 14.6% |
| ICICI Prudential Exports and Services Fund | ₹1,549 Cr | 2.30% | 1.2% | 6.5% | 12.4% |
 SBI Comma Fund | ₹1,237 Cr | 2.28% | 7.8% | 10.1% | 13.0% |
 Edelweiss Recently Listed IPO Fund | ₹1,230 Cr | 2.36% | 35.9% | 17.3% | 16.6% |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
Investment objective
The scheme seeks to generate long-term capital growth from an actively managed portfolio of equity and equity related securities of companies engaged in or expected to benefit from export of goods or services. There is no assurance that the objective of the scheme will be realised and the scheme does not assure or guarantee any returns.
Fund managers
- Abhishek GuptaMr. Gupta is a B. Com., PGDM (Finance) CFA (Investments)Prior to joining HSBC Mutual Fund, he has worked with Edelweiss Asset Management Limited, Goldman Sachs, Baer Capital and Deutsche Asset Management.
- Siddharth VoraMr. Vora has done B.E, PGDM and CFAPrior to joining HSBC Mutual Fund, he has worked with L&T Investment Management Ltd., Reliance Nippon Life Insurance Company Ltd., Religare Capital Market Ltd. and Motilal Oswal Securities Ltd
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 months29.21% absolute | ₹60,000 | ₹77,526 | 29.21% | |
| 1 year22.20% annualised | ₹1,20,000 | ₹1,35,456 | 12.88% |
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.
What is the NAV of HSBC India Export Opportunities Fund?
The NAV of HSBC India Export Opportunities Fund is ₹11.70 as on 25 Sep 2026.
What is the expense ratio of HSBC India Export Opportunities Fund?
The expense ratio of HSBC India Export Opportunities Fund is 2.39% per year.
What is the minimum SIP amount for HSBC India Export Opportunities Fund?
You can start a SIP in HSBC India Export Opportunities Fund with ₹3,000 a month.
Is there a lock-in or exit load on HSBC India Export Opportunities Fund?
Lock-in: None. Exit load: Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 1 year..
How risky is HSBC India Export Opportunities Fund?
HSBC India Export Opportunities Fund is rated Very High on the SEBI riskometer and belongs to the Thematic category.
Which fund house manages HSBC India Export Opportunities Fund?
HSBC India Export Opportunities Fund is managed by HSBC Mutual Fund, which runs 44 schemes with ₹1,44,068 Cr under management.