HSBC Multi Asset Allocation Fund - Direct (IDCW)

Multi Asset Allocation

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NAV
14.16(0.24%)
Fund Size (CR)
₹2,693.31
Expense Ratio
0.43
Scheme Type
Active Fund
Value Research
-

Min. investment
₹5,000
Minimum Additional Investment
₹1,000
Minimum SIP Investment
₹500
Minimum Withdrawal
₹500
Exit Load
0%
Return Since Launch
19.32%

Absolute Return: 8.02%

Annualized Return: 0%

Basic Details

Scheme Manager

Cheenu Gupta

Bench Mark

65% BSE 200 TRI + 20% NIFTY Short Duration Debt Index + 10% Domestic Price of Gold + 5% Domestic Price of Silver

Type

OPEN

Lumpsum Returns

Period Invested For	₹10,000 Invested on	Latest Value	Absolute Returns	Annualised Returns	Category Avg	Rank within Category
1 Week	4 February 2026	10070.50	0.70%	-	0.58%	45/132
1 Month	9 January 2026	10517.94	5.18%	-	3.60%	9/132
3 Month	11 November 2025	10807.69	8.08%	-	6.47%	36/124
6 Month	11 August 2025	11571.17	15.71%	-	13.83%	36/116
1 Year	11 February 2025	13066.08	30.66%	30.66%	23.18%	7/104
3 Year	-	-	-	-	-	-/-
5 Year	-	-	-	-	-	-/-
Since Inception	28 February 2024	14127.70	41.28%	19.32%	15.90%	33/132

Note: Lumpsum Returns since Inception Date.

SIP Returns

Period Invested For	₹10,000 Invested on	Investments	Latest Value	Absolute Returns	Annualised Returns
1 Year	3 March 2025	1,20,000	139582.37	16.32%	16.32%
3 Year	-	-	-	-	-
5 Year	-	-	-	-	-
10 Year	-	-	-	-	-

Note: SIP Returns since Inception Date.

Tax Treatment

If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 10%, if your total long term capital gain exceeds 1 lakh. Any cess/surcharge is not included.If sold before 1 year from purchase date, short term capital gain tax will be applicable. Current tax rate is 15%. Any cess/surcharge is not included in the 15%.

Mutual Funds Calculator

Monthly Investment (₹)

Minimum value allowed is 500

Expected Returns Rate (%)

Minimum value allowed is 1

Time Period (in Years)

Minimum value allowed is 1

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Invested Amount
₹25,000
Estimated Returns
₹19,059

76%

Returns

Future value of your investment

₹44,059

Risk Ratios

3.81%

Standard Deviation

0.74%

Beta

0.87%

Sharpe Ratio

0.11%

Treynor's Ratio

9.10%

Jension's Alpha

Asset Allocation

Sector Allocation

Top 10 stock holding in portfolio

Stock Invested in	% of Total Holdings	Quantity	Value (Cr)	Asset Type	Segment
Bharti Airtel	4.08%	557600	109.77	Equity	Telecom-Service
Larsen & Toubro	3.88%	265557	104.42	Equity	Infrastructure Developers & Operators
Titan Company	3.64%	246619	98.09	Equity	Diamond, Gems and Jewellery
Bharat Electron	3.36%	2015389	90.49	Equity	Aerospace & Defence
HDFC Bank	3.13%	906387	84.23	Equity	Banks
ICICI AMC	3.07%	278257	82.71	Equity	Finance
GE Vernova T&D	2.93%	244293	78.91	Equity	Capital Goods - Electrical Equipment
Ashok Leyland	2.87%	3930400	77.31	Equity	Automobile
FSN E-Commerce	2.48%	2815600	66.87	Equity	E-Commerce/App based Aggregator
Lenskart Solut.	2.41%	1416756	64.80	Equity	FMCG

Peer Comparison

Scheme Name	Asset Size (Cr)	1M	3M	6M	1Y	3Y
HSBC Multi Asset Allocation Fund - Direct (IDCW)	2693.31	5.18%	8.08%	15.71%	30.66%	-
Kotak Multi Asset Allocation Fund - Direct (G)	12100.58	4.87%	12.10%	24.14%	33.80%	-
Kotak Multi Asset Allocation Fund - Direct (IDCW)	12100.58	4.87%	12.10%	24.14%	33.80%	-
Aditya Birla SL Multi Asset Allocation Fund-Dir (IDCW)	6111.84	6.90%	11.97%	20.31%	31.32%	22.10%
HSBC Multi Asset Allocation Fund - Direct (G)	2693.31	5.18%	8.08%	15.71%	30.66%	-
Quant Multi Asset Allocation Fund - Direct (G)	4763.30	4.95%	8.65%	16.93%	30.42%	25.80%

List of Schemes under HSBC Mutual Fund

Fund Name	Category	Risk	1Y Returns	Ratings	Fund Size (Cr)
HSBC Dynamic Bond Fund	Debt	Moderate	5.21%	3	₹149.25
HSBC Money Market Fund	Debt	Moderately Low	7.24%	3	₹5,437.40
HSBC Gilt Fund	Debt	Moderate	3.18%	3	₹225.76
HSBC Balanced Advantage Fund	Hybrid	Moderately High	9.02%	3	₹1,542.11
HSBC Aggressive Hybrid Fund	Hybrid	Very High	16.15%	2	₹5,429.61
HSBC Value Fund	Equity	Very High	19.76%	4	₹14,552.40
HSBC Infrastructure Fund	Equity	Very High	14.16%	3	₹2,198.29
HSBC Banking and PSU Debt Fund	Debt	Moderate	7.35%	3	₹4,338.06
HSBC Midcap Fund	Equity	Very High	24.22%	3	₹12,175.46
HSBC Low Duration Fund	Debt	Moderately Low	8.83%	4	₹996.69
HSBC Short Duration Fund	Debt	Moderately Low	7.5%	2	₹4,311.00
HSBC ELSS Tax Saver Fund	Equity	Very High	15.63%	3	₹3,961.50
HSBC Corporate Bond Fund	Debt	Moderate	7.61%	1	₹6,202.65
HSBC Credit Risk Fund	Debt	Moderately High	20.72%	3	₹511.38
HSBC Equity Saving Fund	Hybrid	Moderate	13.03%	3	₹751.77
HSBC Global Emerging Markets Fund	Other	Very High	51.79%	0	₹373.57
HSBC Brazil Fund	Other	Very High	60.43%	0	₹384.83
HSBC Liquid Fund	Debt	Moderately Low	6.44%	4	₹15,974.60
HSBC Large Cap Fund	Equity	Very High	15.21%	3	₹1,885.26
HSBC Flexi Cap Fund	Equity	Very High	14.95%	4	₹5,317.76
HSBC Tax Saver Equity Fund	Equity	Very High	1.64%	0	₹243.60
HSBC Medium to Long Duration Fund	Debt	Moderate	5.24%	3	₹46.84
HSBC Conservative Hybrid Fund	Hybrid	Moderately High	7.68%	3	₹138.11
HSBC Asia Pacific (Ex Japan) DYF	Other	Very High	47.81%	0	₹66.67
HSBC Aggressive Hybrid Active FOF	Hybrid	Very High	10.19%	3	₹43.96
HSBC Multi Asset Active FOF	Other	Very High	23.81%	2	₹86.28
HSBC Income Plus Arbitrage Active FOF	Other	Moderately Low	6%	0	₹596.72
HSBC Small Cap Fund	Equity	Very High	5.48%	3	₹15,028.86
HSBC Arbitrage Fund	Hybrid	Low	6.81%	3	₹2,419.29
HSBC Business Cycles Fund	Equity	Very High	14.47%	0	₹1,089.59
HSBC Medium Duration Fund	Debt	Moderate	7.8%	4	₹773.57
HSBC Large and Mid Cap Fund	Equity	Very High	18.7%	3	₹4,602.66
HSBC Overnight Fund	Debt	Low	5.66%	4	₹4,019.92
HSBC Ultra Short Duration Fund	Debt	Moderately Low	6.96%	3	₹3,044.70
HSBC Nifty 50 Index Fund	Other	Very High	13.53%	3	₹388.37
HSBC Nifty Next 50 Index Fund	Other	Very High	15.79%	1	₹140.92
HSBC Focused Fund	Equity	Very High	16.77%	2	₹1,667.47
HSBC Global Equity Climate Change FoF	Other	Very High	16.46%	0	₹53.35
HSBC CRISIL IBX 50:50 Gilt Plus SDL Apr 2028 Index Fund	Other	Moderate	7.85%	0	₹1,963.81
HSBC Multi Cap Fund	Equity	Very High	15.72%	0	₹5,176.73
HSBC CRISIL IBX Gilt June 2027 Index Fund	Other	Moderate	7.64%	0	₹189.70
HSBC Consumption Fund	Equity	Very High	11.26%	0	₹1,676.57
HSBC Multi Asset Allocation Fund	Hybrid	Very High	30.66%	0	₹2,693.31
HSBC India Export Opportunities Fund	Equity	Very High	11.93%	0	₹1,297.02
HSBC Financial Services Fund	Equity	Very High	0%	0	₹839.63

News

HSBC Mutual Fund announces change in Exit Load Structure

HSBC Mutual Fund has announced change in exit load structure under following schemes stands revised with effect from January 30, 2026

Change in Exit Load:

Name of the Scheme	Existing Exit Load	Revised Exit Load
HSBC Consumption Fund, HSBC Financial Services Fund, HSBC Infrastructure Fund	i. If the units redeemed or switched out are upto 10% of the units purchased or switched in ('the limit') within 1 year from the date of allotment ' Nil ii. If units redeemed or switched out are over and above the limit within 1 year from the date of allotment ' 1% iii. If units are redeemed or switched out on or after 1 year from the date of allotment ' Nil. ' Withdrawal under SWP may also attract an Exit Load like any Redemption. ' No Exit load will be chargeable in case of switches made between different plans and options within the Scheme. ' No Exit load will be chargeable in case of Units allotted on account of IDCW reinvestments, if any. ' Exit load is not applicable for Segregated Portfolio.	i. If the units redeemed or switched out are upto 10% of the units purchased or switched in ('the limit') within 90 days from the date of allotment ' Nil ii. If units redeemed or switched out are over and above the limit within 90 days from the date of allotment ' 1% iii. If units are redeemed or switched out on or after 90 days from the date of allotment ' Nil. ' Withdrawal under SWP may also attract an Exit Load like any Redemption. ' No Exit load will be chargeable in case of switches made between different plans and options within the Scheme. ' No Exit load will be chargeable in case of Units allotted on account of IDCW reinvestments, if any. ' Exit load is not applicable for Segregated Portfolio.

Name of the Scheme

Existing Exit Load

Revised Exit Load

HSBC Consumption Fund, HSBC Financial Services Fund, HSBC Infrastructure Fund

i. If the units redeemed or switched out are upto 10% of the units purchased or switched in ('the limit') within 1 year from the date of allotment ' Nil

ii. If units redeemed or switched out are over and above the limit within 1 year from the date of allotment ' 1%

iii. If units are redeemed or switched out on or after 1 year from the date of allotment ' Nil.

' Withdrawal under SWP may also attract an Exit Load like any Redemption.

' No Exit load will be chargeable in case of switches made between different plans and options within the Scheme.

' No Exit load will be chargeable in case of Units allotted on account of IDCW reinvestments, if any.

' Exit load is not applicable for Segregated Portfolio.

i. If the units redeemed or switched out are upto 10% of the units purchased or switched in ('the limit') within 90 days from the date of allotment ' Nil

ii. If units redeemed or switched out are over and above the limit within 90 days from the date of allotment ' 1%

iii. If units are redeemed or switched out on or after 90 days from the date of allotment ' Nil.

' Withdrawal under SWP may also attract an Exit Load like any Redemption.

' No Exit load will be chargeable in case of switches made between different plans and options within the Scheme.

' No Exit load will be chargeable in case of Units allotted on account of IDCW reinvestments, if any.

' Exit load is not applicable for Segregated Portfolio.

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HSBC Mutual Fund announces change in fund manager under its schemes

HSBC Mutual Fund has announced change in fund manager under the following schemes, With effect from 01 January 2026.

Change in Fund Manager:

Scheme Name	Existing Fund Manager(s)	Revised Fund Manager(s)
HSBC Overnight Fund	' Mr. Abhishek Iyer and ' Mr. Mahesh Chhabria	' Mr. Abhishek Iyer and ' Mr. Rahul Totla
HSBC Liquid Fund	' Mr. Abhishek Iyer and ' Mr. Mahesh Chhabria	' Mr. Abhishek Iyer and ' Mr. Rahul Totla
HSBC Ultra Short Duration Fund	' Mr. Mahesh Chhabria and ' Mr. Abhishek Iyer	' Mr. Mahesh Chhabria and ' Mr. Rahul Totla

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HSBC Mutual Fund announces Income Distribution cum capital withdrawal (IDCW)
HSBC Mutual Fund has announced 26 December 2025 as the record date for declaration of IDCW Income Distribution cum Capital Withdrawal (IDCW) under the following schemes. The quantum of dividend (Rs per unit) on the face value of Rs 10 per unit will be:
HSBC Aggressive Hybrid Fund ' Regular Plan ' IDCW Option: 0.190
HSBC Aggressive Hybrid Fund ' Direct Plan ' IDCW Option: 0.215
HSBC Balanced Advantage Fund ' Regular Plan ' IDCW Option: 0.122
HSBC Balanced Advantage Fund ' Direct Plan ' IDCW Option: 0.143
HSBC Large Cap Fund ' Regular Plan ' IDCW Option: 4.250
HSBC Large Cap Fund ' Direct Plan ' IDCW Option: 4.250
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Fund House Details & Investment Objective

Date of Incorporation

8 February 2024

Total AUM (Cr)

₹2693.31

HSBC Multi Asset Allocation Fund - Direct (IDCW) is an Multi Asset Allocation-oriented fund from the renowned AMC, HSBC Mutual Fund. Launched in 8 February 2024, this fund is managed by Cheenu Gupta. With assets under management (AUM) worth ₹2,693.31 (Cr), as of 12 February 2026, HSBC Multi Asset Allocation Fund - Direct (IDCW) is categorized as a Multi Asset Allocation within its segment. The fund has generated a return of 19.32% since its launch.
The current NAV of HSBC Multi Asset Allocation Fund - Direct (IDCW) is ₹14.16, as on 12 February 2026. The fund's benchmark index is 65% BSE 200 TRI + 20% NIFTY Short Duration Debt Index + 10% Domestic Price of Gold + 5% Domestic Price of Silver. You can invest in HSBC Multi Asset Allocation Fund - Direct (IDCW) via both lumpsum and SIP modes. The minimum SIP amount in the fund is ₹500 while the minimum lumpsum investment is ₹5,000.

Being an open-ended fund, you can exit the fund anytime subject to applicable exit loads:
The fund has generated undefined% and undefined% CAGR in the last 3 and 5 years respectively.

The fund aims to provide long-term capital appreciation and growth, by investing in a mix of financial instruments 67.80% in Equity, 14.20% in Debt and 18.03% in cash and cash equivalents.
The top 5 sectors the fund invests in are: 15.89% in Others, 15.01% in Debt, 10.21% in Retailing, 6.75% in Banks, 5.85% in Capital Markets