HSBC India Export Opportunities Fund
ThematicVery HighOPEN-ENDED
- NAV as on 9 Nov 2026
- ₹11.82+0.99%1 day
- Return since launch
- 7.8%
- 52-week range
- ₹8.79 — ₹11.95
- AUM
- ₹1,303 Cr
HSBC India Export Opportunities Fund is a Thematic equity fund from HSBC Mutual Fund with ₹1,303 Cr under management, launched in 2024. The expense ratio is 2.37% 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 +19.5% against -5.0% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 27.3% | +25.0 pts | 2.3% | 2.1% |
| 2Y | 18.1% | +12.0 pts | 6.1% | -0.7% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | 3.3% | −2.7 pts | 6.0% | 6.4% |
| 3M | 2.2% | +3.8 pts | -1.5% | -2.0% |
| 6M | 16.0% | +12.3 pts | 3.6% | 1.8% |
| 1Y | 19.5% | +17.3 pts | 2.3% | -5.0% |
| 2Y | 9.9% | +6.2 pts | 3.7% | -2.8% |
Since launch (5 Sep 2024): 7.8%
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 6 Nov 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 30 Sep 2026
Asset allocation
- Equity97.5%
- Other2.5%
Market cap split
- Large40.4%
- Mid14.0%
- Small45.6%
- P/E
- 34.69
- P/B
- 4.95
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Avalon Technologies Ltd. | Capital Goods | 6.64% | ₹86.55 Cr | +6.55% | +4.95% | +4.10% |
| Pearl Global Industries Ltd. | Textiles | 4.93% | ₹64.28 Cr | +4.67% | +3.54% | +2.39% |
| Divi's Laboratories Ltd. | Healthcare | 3.86% | ₹50.32 Cr | +2.97% | +3.23% | +2.09% |
| Hindalco Industries Ltd. | Metals & Mining | 3.37% | ₹43.93 Cr | +3.23% | +3.99% | +3.06% |
| Reliance Industries Ltd. | Energy | 3.27% | ₹42.58 Cr | +3.87% | +4.44% | +4.44% |
| Garware Hi-Tech Films Ltd. | Materials | 3.04% | ₹39.61 Cr | +3.31% | +1.53% | — |
| Larsen & Toubro Ltd. | Construction | 2.99% | ₹38.90 Cr | +3.57% | +4.07% | +3.68% |
| Lenskart Solutions Ltd. | Consumer Discretionary | 2.75% | ₹35.82 Cr | +1.87% | +1.46% | — |
| TVS Motor Company Ltd. | Automobile | 2.57% | ₹33.50 Cr | +2.35% | +3.42% | +4.22% |
| Wockhardt Ltd. | Healthcare | 2.56% | ₹33.37 Cr | +2.83% | +2.54% | +2.08% |
| Others | Others | 2.52% | ₹33.01 Cr | -1.34% | -1.48% | -0.82% |
| TD Power Systems Ltd. | Capital Goods | 2.39% | ₹31.10 Cr | +2.04% | +1.29% | — |
| Indo Count Industries Ltd. | Textiles | 2.38% | ₹30.97 Cr | +2.76% | +1.74% | +1.27% |
| Torrent Pharmaceuticals Ltd. | Healthcare | 2.27% | ₹29.52 Cr | — | — | — |
| Aarti Industries Ltd. | Chemicals | 2.24% | ₹29.17 Cr | +2.34% | +2.48% | +1.28% |
| GE Vernova T&D India Ltd | Capital Goods | 2.16% | ₹28.17 Cr | +3.54% | +3.41% | +3.46% |
| Bharti Airtel Ltd. | Communication | 2.14% | ₹27.91 Cr | +2.45% | +3.59% | +3.80% |
| Sun Pharmaceutical Industries Ltd. | Healthcare | 2.10% | ₹27.41 Cr | +2.34% | +2.44% | +3.12% |
| Stylam Industries Ltd. | Materials | 2.07% | ₹26.97 Cr | +2.56% | +2.18% | +0.95% |
| Tech Mahindra Ltd. | Technology | 2.03% | ₹26.50 Cr | +2.03% | +2.49% | +1.92% |
| eClerx Services Ltd. | Services | 2.03% | ₹26.47 Cr | +1.96% | +2.71% | +3.17% |
| National Aluminium Company Ltd. | Metals & Mining | 1.90% | ₹24.69 Cr | +2.35% | +3.40% | +1.90% |
| Jyoti CNC Automation Ltd. | Capital Goods | 1.89% | ₹24.57 Cr | +1.53% | +1.57% | +1.63% |
| Samvardhana Motherson International Ltd. | Automobile | 1.85% | ₹24.14 Cr | +2.38% | +2.14% | +1.62% |
| Ather Energy Ltd. | Automobile | 1.84% | ₹23.98 Cr | +1.15% | +1.46% | — |
| K.P.R. Mill Ltd. | Textiles | 1.62% | ₹21.07 Cr | +1.87% | +1.46% | +1.65% |
| KSH International Ltd. | Capital Goods | 1.50% | ₹19.56 Cr | +1.00% | — | — |
| Kotak Mahindra Bank Ltd. | Financial | 1.49% | ₹19.37 Cr | +1.52% | +1.51% | — |
| Varun Beverages Ltd. | Consumer Staples | 1.43% | ₹18.61 Cr | +2.82% | +3.23% | +2.51% |
| Sagility Ltd. | Services | 1.40% | ₹18.29 Cr | +1.41% | +1.58% | — |
| Firstsource Solutions Ltd. | Services | 1.36% | ₹17.67 Cr | +1.31% | +1.87% | +2.24% |
| Hyundai Motor India Ltd. | Automobile | 1.33% | ₹17.36 Cr | +0.98% | — | +2.90% |
| Billionbrains Garage Ventures Ltd. | Financial | 1.32% | ₹17.25 Cr | +1.58% | — | — |
| CCL Products (India) Ltd. | Consumer Staples | 1.29% | ₹16.83 Cr | +1.62% | +3.29% | +1.80% |
| Marico Ltd. | Consumer Staples | 1.28% | ₹16.66 Cr | +1.48% | +1.44% | +2.24% |
| APL Apollo Tubes Ltd. | Metals & Mining | 1.26% | ₹16.38 Cr | +0.87% | — | — |
| RBL Bank Ltd. | Financial | 1.24% | ₹16.13 Cr | +1.23% | — | — |
| Vedanta Aluminium Metal Ltd. | Metals & Mining | 1.24% | ₹16.18 Cr | — | — | — |
| Eicher Motors Ltd. | Automobile | 1.22% | ₹15.89 Cr | +1.77% | +2.12% | +1.31% |
| Shriram Finance Ltd | Financial | 1.21% | ₹15.71 Cr | +1.72% | — | — |
| Lupin Ltd. | Healthcare | 1.20% | ₹15.58 Cr | +1.55% | +2.49% | +2.10% |
| Senores Pharmaceuticals Ltd. | Healthcare | 1.11% | ₹14.40 Cr | +1.74% | — | — |
| Interglobe Aviation Ltd. | Services | 1.07% | ₹13.99 Cr | — | — | — |
| Mphasis Ltd. | Technology | 1.07% | ₹13.96 Cr | +0.93% | +0.70% | — |
| Jindal Stainless Ltd. | Metals & Mining | 1.04% | ₹13.53 Cr | — | — | — |
| KFin Technologies Ltd. | Financial | 1.03% | ₹13.44 Cr | — | — | — |
| Diamond Power Infrastructure Ltd. | Capital Goods | 1.02% | ₹13.28 Cr | — | — | — |
| Apar Industries Ltd. | Consumer Staples | 0.97% | ₹12.59 Cr | — | — | — |
| Craftsman Automation Ltd. | Automobile | 0.91% | ₹11.82 Cr | +1.08% | +0.64% | — |
| LTM Limited | Technology | 0.90% | ₹11.71 Cr | +1.10% | +1.98% | +2.32% |
| Tata Consumer Products Ltd. | Consumer Staples | 0.90% | ₹11.71 Cr | +1.10% | — | — |
| State Bank of India | Financial | 0.80% | ₹10.44 Cr | +0.93% | — | — |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| Vedanta Aluminium Metal Ltd. | 0.00% | 1.24% | +1.24% |
| Interglobe Aviation Ltd. | 0.00% | 1.07% | +1.07% |
| KFin Technologies Ltd. | 0.00% | 1.03% | +1.03% |
| Avalon Technologies Ltd. | 7.42% | 6.64% | -0.78% |
| Hindalco Industries Ltd. | 3.97% | 3.37% | -0.60% |
| Jindal Stainless Ltd. | 0.49% | 1.04% | +0.55% |
| National Aluminium Company Ltd. | 2.39% | 1.90% | -0.49% |
| Shriram Finance Ltd | 1.66% | 1.21% | -0.45% |
| eClerx Services Ltd. | 2.42% | 2.03% | -0.39% |
| Wockhardt Ltd. | 2.24% | 2.56% | +0.32% |
| Hyundai Motor India Ltd. | 1.03% | 1.33% | +0.30% |
| Ather Energy Ltd. | 1.58% | 1.84% | +0.26% |
| Pearl Global Industries Ltd. | 5.17% | 4.93% | -0.24% |
| Apar Industries Ltd. | 0.73% | 0.97% | +0.24% |
| Craftsman Automation Ltd. | 1.15% | 0.91% | -0.24% |
| Reliance Industries Ltd. | 3.46% | 3.27% | -0.19% |
| Aarti Industries Ltd. | 2.42% | 2.24% | -0.18% |
| Larsen & Toubro Ltd. | 3.16% | 2.99% | -0.17% |
| Senores Pharmaceuticals Ltd. | 1.27% | 1.11% | -0.16% |
| Sun Pharmaceutical Industries Ltd. | 2.26% | 2.10% | -0.16% |
| Lenskart Solutions Ltd. | 2.61% | 2.75% | +0.14% |
| Diamond Power Infrastructure Ltd. | 0.89% | 1.02% | +0.13% |
| Others | -0.27% | -0.40% | -0.13% |
| Varun Beverages Ltd. | 1.30% | 1.43% | +0.13% |
| Sagility Ltd. | 1.52% | 1.40% | -0.12% |
| Jyoti CNC Automation Ltd. | 1.77% | 1.89% | +0.12% |
| Mphasis Ltd. | 1.19% | 1.07% | -0.12% |
| Eicher Motors Ltd. | 1.33% | 1.22% | -0.11% |
| Garware Hi-Tech Films Ltd. | 2.94% | 3.04% | +0.10% |
| KSH International Ltd. | 1.40% | 1.50% | +0.10% |
| TVS Motor Company Ltd. | 2.67% | 2.57% | -0.10% |
| Tech Mahindra Ltd. | 2.13% | 2.03% | -0.10% |
| RBL Bank Ltd. | 1.15% | 1.24% | +0.09% |
| LTM Limited | 0.99% | 0.90% | -0.09% |
| GE Vernova T&D India Ltd | 2.25% | 2.16% | -0.09% |
| Torrent Pharmaceuticals Ltd. | 2.35% | 2.27% | -0.08% |
| K.P.R. Mill Ltd. | 1.70% | 1.62% | -0.08% |
| TD Power Systems Ltd. | 2.32% | 2.39% | +0.07% |
| Lupin Ltd. | 1.27% | 1.20% | -0.07% |
| State Bank of India | 0.87% | 0.80% | -0.07% |
| Stylam Industries Ltd. | 2.13% | 2.07% | -0.06% |
| Tata Consumer Products Ltd. | 0.96% | 0.90% | -0.06% |
| CCL Products (India) Ltd. | 1.34% | 1.29% | -0.05% |
| Billionbrains Garage Ventures Ltd. | 1.36% | 1.32% | -0.04% |
| Samvardhana Motherson International Ltd. | 1.81% | 1.85% | +0.04% |
| Marico Ltd. | 1.31% | 1.28% | -0.03% |
| Bharti Airtel Ltd. | 2.17% | 2.14% | -0.03% |
| Kotak Mahindra Bank Ltd. | 1.47% | 1.49% | +0.02% |
| Firstsource Solutions Ltd. | 1.38% | 1.36% | -0.02% |
| Divi's Laboratories Ltd. | 3.87% | 3.86% | -0.01% |
| APL Apollo Tubes Ltd. | 1.25% | 1.26% | +0.01% |
| Indo Count Industries Ltd. | 2.38% | 2.38% | 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 | ₹3,913 Cr | 2.21% | 11.5% | 11.8% | 13.1% |
 HDFC Defence Fund | ₹11,493 Cr | 1.79% | 18.8% | 20.9% | — |
 ICICI Prudential Commodities Fund | ₹4,133 Cr | 1.96% | -2.6% | 6.6% | 11.9% |
| ICICI Prudential Exports and Services Fund | ₹1,454 Cr | 2.28% | 7.3% | 7.6% | 12.9% |
 Edelweiss Recently Listed IPO Fund | ₹1,276 Cr | 2.69% | 30.6% | 15.8% | 15.8% |
 SBI Comma Fund | ₹1,208 Cr | 2.31% | 3.6% | 8.1% | 11.7% |
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.
- Dipan S. ParikhMr. Parikh has done B.ComHe has been working with HSBC Mutual Fund since 2006
- 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 months15.99% absolute | ₹60,000 | ₹69,594 | 15.99% | |
| 1 year19.52% annualised | ₹1,20,000 | ₹1,33,476 | 11.23% |
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 ₹11.82 as on 9 Nov 2026.
What is the expense ratio of HSBC India Export Opportunities Fund?
The expense ratio of HSBC India Export Opportunities Fund is 2.37% 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 ₹1,58,065 Cr under management.