HSBC Value Fund
The Scheme seeks to generate long term capital appreciation from a diversified portfolio of predominantly equity and equity related securities, in the Indian markets with higher focus on undervalued securities. It could also additionally invest in Foreign Securities in international markets.
Growthvine rating: 4/5 — ranked #3 of 24 in category.
Fund basics
| Category | Equity: Value |
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| NAV | ₹108.41 (as of 2026-10-01) |
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| AUM | ₹14,988 Cr |
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| Expense ratio | 1.45% |
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| Riskometer | Very High |
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| Fund manager | Venugopal Manghat |
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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
| Sharpe ratio | 0.69 |
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| Standard deviation | 16.23% |
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| Max drawdown | −19.93% |
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| Alpha | 4.12 |
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| Beta | 1.02 |
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Over 5 years, captured 112.6% of Nifty 500's upside and 83.6% of its downside.
Market cap allocation
| Large cap | 42.9% |
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| Mid cap | 18.1% |
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| Small cap | 38.9% |
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Concentration
| Top 5 holdings | 18.5% |
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| Top 10 holdings | 30.9% |
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| Total holdings | 84 |
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| Index overlap | 34.0% |
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| Active share | 66.0% |
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Top holdings
- ICICI Bank Ltd. — 4.2%
- HDFC Bank Ltd. — 4.2%
- Karur Vysya Bank Ltd. — 3.6%
- Federal Bank Ltd. — 3.4%
- State Bank Of India — 3.2%
- Treps — 2.9%
- Reliance Industries Ltd — 2.8%
- PNB Housing Finance Limited — 2.7%
- Finolex Cables Ltd. — 2.4%
- Balrampur Chini Mills Ltd. — 2.3%
Top sectors
- Banking & Financial — 27.4%
- Finance & Investments — 7.9%
- Textiles — 6.6%
Calendar-year track record
| Year | Return | Quartile | Category rank |
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| 2026 (partial) | −5.7% | Q2 | #11 of 23 |
| 2025 | 7.0% | Q2 | #7 of 22 |
| 2024 | 25.9% | Q1 (Top) | #3 of 21 |
| 2023 | 39.4% | Q1 (Top) | #5 of 19 |