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 #5 of 23 in category.
Fund basics
| Category | Equity: Value |
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| NAV | ₹116.00 (as of 2026-08-21) |
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| AUM | ₹14,828 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 | 4.35 |
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| Beta | 1.02 |
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Over 5 years, captured 110.6% of Nifty 500's upside and 82.6% of its downside.
Market cap allocation
| Large cap | 45.9% |
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| Mid cap | 18.5% |
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| Small cap | 35.6% |
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Concentration
| Top 5 holdings | 19.0% |
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| Top 10 holdings | 31.7% |
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| Total holdings | 84 |
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| Index overlap | 35.1% |
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| Active share | 64.9% |
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Top holdings
- HDFC Bank Ltd. — 4.5%
- ICICI Bank Ltd. — 4.3%
- Karur Vysya Bank Ltd. — 3.6%
- Federal Bank Ltd. — 3.5%
- State Bank Of India — 3.2%
- NTPC Limited — 3.0%
- Reliance Industries Ltd — 2.9%
- PNB Housing Finance Limited — 2.5%
- Shriram Finance Limited — 2.2%
- Larsen & Toubro Limited — 2.2%
Top sectors
- Banking & Financial — 28.2%
- Finance & Investments — 9.0%
- Construction — 7.0%
Calendar-year track record
| Year | Return | Quartile | Category rank |
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| 2026 (partial) | 0.9% | Q2 | #10 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 |