HSBC Multi Asset Allocation Fund
The scheme seeks to generate long-term capital growth and generate income by investing in Equity & Equity Related instruments, Debt & Money Market Securities and Gold / Silver ETFs.
Growthvine rating: 2/5 — ranked #28 of 50 in category.
Fund basics
| Category | Hybrid: Multi Asset |
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| NAV | ₹13.38 (as of 2026-10-01) |
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| AUM | ₹3,098 Cr |
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| Expense ratio | 1.56% |
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| Riskometer | Very High |
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| Fund manager | Cheenu Gupta |
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| Exit load | For units in excess of 10% of the investment, 1% will be charged for redemption within 1 year |
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Performance & risk
| Standard deviation | 0.00% |
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| Max drawdown | −18.91% |
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| Alpha | 0 |
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| Beta | 0 |
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Over 5 years, captured 149.2% of NIFTY Multi Asset - Equity : Debt : Arbitrage : REITs/InvITs (50:20:20:10) Index's upside and 125.6% of its downside.
Market cap allocation
| Large cap | 48.7% |
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| Mid cap | 38.2% |
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| Small cap | 13.1% |
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Concentration
| Top 5 holdings | 23.7% |
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| Top 10 holdings | 35.9% |
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| Total holdings | 65 |
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Top holdings
- HSBC Gold ETF — 9.1%
- ICICI Bank Ltd. — 8.4%
- HDFC Bank Ltd. — 4.6%
- Lenskart Solutions Limited — 4.2%
- Federal Bank Ltd. — 3.3%
- PB Fintech Limited — 3.2%
- Meesho Limited — 2.8%
- TVS Motor Company Ltd. — 2.6%
- GE Vernova T&D India Limited — 2.5%
- ITC Ltd — 2.3%
Top sectors
Not disclosed.
Calendar-year track record
| Year | Return | Quartile | Category rank |
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| 2026 (partial) | 1.7% | Q1 (Top) | #8 of 44 |
| 2025 | 8.3% | Q4 (Bottom) | #32 of 34 |