HSBC Flexi Cap Fund
The scheme seeks long term capital growth through investments made dynamically across market capitalization. The investment could be in any one, two or all three types of market capitalization. The scheme aims to predominantly invest in equity and equity related securities.
Growthvine rating: 3/5 — ranked #19 of 56 in category.
Fund basics
| Category | Equity: Flexi Cap |
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| NAV | ₹214.53 (as of 2026-10-23) |
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| AUM | ₹5,749 Cr |
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| Expense ratio | 1.58% |
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| Riskometer | Very High |
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| Fund manager | Abhishek Gupta |
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| Exit load | For units in excess of 10% of the investment, 1% will be charged for redemption within 365 days |
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Performance & risk
| 5-year annualised return | 11.56% |
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| Sharpe ratio | 0.52 |
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| Standard deviation | 17.53% |
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| Max drawdown | −62.21% |
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| Alpha | 4.38 |
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| Beta | 1.07 |
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Over 5 years, captured 108.3% of Nifty 500's upside and 97.3% of its downside.
Market cap allocation
| Large cap | 46.5% |
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| Mid cap | 20.0% |
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| Small cap | 33.6% |
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Concentration
| Top 5 holdings | 13.0% |
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| Top 10 holdings | 22.5% |
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| Total holdings | 84 |
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| Index overlap | 35.4% |
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| Active share | 64.6% |
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Top holdings
- ICICI Bank Ltd. — 3.9%
- Reliance Industries Ltd — 2.5%
- TD Power Systems Limited — 2.3%
- Kotak Mahindra Bank Ltd. — 2.2%
- Treps — 2.1%
- Karnataka Bank Ltd. — 2.1%
- Multi Commodity Exchange of India Ltd — 2.0%
- COFORGE LIMITED — 2.0%
- Samvardhana Motherson International Limited — 1.9%
- TATA STEEL LIMITED — 1.8%
Top sectors
- Banking & Financial — 21.2%
- Finance & Investments — 9.4%
- Electricals — 8.4%
Calendar-year track record
| Year | Return | Quartile | Category rank |
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| 2026 (partial) | −3.5% | Q1 (Top) | #12 of 50 |
| 2025 | 1.4% | Q3 | #31 of 43 |
| 2024 | 28.6% | Q1 (Top) | #5 of 42 |
| 2023 | 31.8% | Q1 (Top) | #8 of 36 |
| 2022 | −4.6% | Q4 (Bottom) | #26 of 30 |