HSBC Small Cap Equity Fund – Direct Plan-Growth
It is a 9 years old fund, launched in January 2013 by the HSBC Mutual Fund. It is an open-ended Small Cap equity mutual fund scheme. It has Rs 309.37 Crores assets under management (AUM), and Rs 92.8737 NAV as of 17th March 2022. The fund has 1.09% expense ratio, which is higher than its category average expense ratio and what most other Small Cap funds charges in the category. CRISIL rated this fund 3 starts. On risk meter it is a posses moderate risk. On returns performance, it has given average performance among its peers. However, investors, who are willing to invest in this fund can invest for 2-3 years either one time or through SIP to earn good returns.
Absolute And Annualised Returns
One Time Investment Returns
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Source– Money Control
The fund is invested in Indian stocks 95.94 percent of the time, with 1.94 percent in large-cap companies, 4.31 percent in mid-level stocks, and 66.83 percent in small-cap stocks. Chemicals, Technology, Capital Goods, Services, and Healthcare make up the majority of the fund’s holdings. In comparison to other funds in the category, it has less exposure to the Chemicals and Technology sectors.
Amber Enterprises India Pvt Ltd., Dixon Technologies (India) Ltd., Mastek Ltd., APL Apollo Tubes Ltd., and Radico Khaitan Ltd. are the fund’s top five holdings.