HSBC Mutual Fund Introduces HSBC Multi Cap Fund

Jan 12, 2023

HSBC Mutual Fund has launched – HSBC Multi Cap Fund

It is an open-ended equity scheme investing across large-cap, mid-cap, small-cap stocks.

Accordingly, the investment objective of the Fund is to generate long-term capital growth from an actively managed portfolio of equity and equity related securities across market capitalization. However, there can be no assurance or guarantee that the investment objective of the scheme would be achieved.

Under normal circumstances, HSBC Multi Cap Fund will hold an allocation of 75% to 100% of its assets in Equities & Equity related securities. 0% to 25% in Debt Securities & Money Market instruments (including Cash & cash equivalents) and 0% to 25% in Units of REITs and InvITs.

As per the Scheme Information Document, HSBC Multi Cap Fund aims to provide long-term capital growth from a dynamically managed portfolio across small, mid and large cap stocks.

A top down and bottom up approach will be used to invest in equity and equity related instruments. Investments will be pursued in select sectors based on the Investment Team’s analysis of business cycles, regulatory reforms, competitive advantage etc. Selective stock picking will be done from these sectors. The fund manager in selecting scrips will focus on fundamentals of the business, industry structure & relative business strength amongst peers, quality of the management, sensitivity to economic factors, financial strength of the company and the key earnings drivers. Valuation methods such as relative valuation, fundamental valuation, etc. will also be used for identifying the investment opportunities.

HSBC Multi Cap Fund’s performance will be benchmarked against NIFTY 500 Multicap 50:25:25 TRI

The scheme will be managed by Mr Venugopal Manghat (For Domestic equities), Ms Sonal Gupta (For Overseas Investments) and Mr Kapil Punjabi (For Fixed Income).

The NFO opens for subscription on January 10, 2023 and closes on January 24, 2023. The schemes will reopen for continuous sale and repurchase on February 03, 2023.

The fund’s NAV is priced at Rs 10/- per unit during the NFO period. The minimum subscription amount is Rs 5,000/- and in multiples of any amount thereafter. 

The scheme offers Regular Plan and Direct Plan each plan offers Growth and Income Distribution cum Capital Withdrawal (IDCW) option.