HSBC Focused Fund
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.
Growthvine rating: 3/5 — ranked #9 of 28 in category.
Fund basics
| Category | Equity: Focused |
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| NAV | ₹26.17 (as of 2026-10-01) |
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| AUM | ₹1,773 Cr |
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| Expense ratio | 1.77% |
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| Riskometer | Very High |
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| Fund manager | Neelotpal Sahai |
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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 | 10.23% |
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| Sharpe ratio | 0.6 |
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| Standard deviation | 16.73% |
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| Max drawdown | −21.76% |
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| Alpha | 2.98 |
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| Beta | 1.02 |
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Over 5 years, captured 106.5% of Nifty 500's upside and 102.2% of its downside.
Market cap allocation
| Large cap | 48.5% |
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| Mid cap | 32.8% |
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| Small cap | 18.8% |
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Concentration
| Top 5 holdings | 27.6% |
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| Top 10 holdings | 47.3% |
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| Total holdings | 28 |
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| Index overlap | 24.7% |
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| Active share | 75.3% |
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Top holdings
- ICICI Bank Ltd. — 8.1%
- HDFC Bank Ltd. — 5.8%
- Shriram Finance Limited — 4.7%
- Multi Commodity Exchange of India Ltd — 4.6%
- Treps — 4.5%
- Larsen & Toubro Limited — 4.4%
- Reliance Industries Ltd — 4.2%
- Infosys Ltd — 4.0%
- TVS Motor Company Ltd. — 4.0%
- NIPPON LIFE INDIA ASSET MANAGEMENT LIMITED — 3.8%
Top sectors
- Banking & Financial — 24.6%
- Automobile — 9.2%
- Electricals — 8.4%
Calendar-year track record
| Year | Return | Quartile | Category rank |
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| 2026 (partial) | 0.8% | Q1 (Top) | #6 of 28 |
| 2025 | 1.8% | Q4 (Bottom) | #22 of 28 |
| 2024 | 22.8% | Q2 | #8 of 27 |
| 2023 | 29.3% | Q2 | #9 of 25 |
| 2022 | −2.0% | Q3 | #16 of 22 |