This Multi-Cap Fund Turns 3 Yrs, Rs 10,000 SIP Grows To Rs 4.39 Lakh; Beats NIFTY 500 & Nifty 50
Mutual Funds
HSBC Multi Cap Fund has completed three years of its existence, delivering a CAGR of 22.56% since inception, i.e. 30-Jan-23. The scheme has outperformed its benchmark, the NIFTY 500 Multicap 50:25:25 TRI (19.01%), as well as the additional benchmark Nifty 50 TRI (14.10%).
On January 30, 2023, the fund was introduced with the goal of delivering long-term capital growth. The scheme maintains structural diversity across market sectors by adhering to a strict multi-cap approach that requires a minimum allocation of 25% to large-, mid-, and small-cap stocks, respectively.
The fund employs a Growth at Reasonable Price valuation technique to build its portfolio and primarily uses a bottom-up approach for stock selection in an effort to find scalable companies that are reasonably valued, managed by qualified experts, and have sound financial standing. As of January 31, 2026, the scheme managed an AUM of Rs 5,176.73 crore.
HSBC Multi Cap Fund Returns
From the standpoint of systematic investing, a monthly SIP of Rs 10,000 since the beginning, or 30 January 2023, would have grown the Rs 3.60 lakh invested to Rs 4,39,547, yielding an XIRR of 13.41%, surpassing the benchmark’s 11.32% return. (Note: The scheme benchmark’s value (NIFTY 500 Multicap 50:25:25 TRI) has gone up to Rs 4,26,445 within the same time period.
Venugopal Manghat, CIO, Equity, HSBC Mutual fund, said, “We believe that a disciplined multi cap strategy is essential for navigating dynamic markets and capturing growth across the spectrum of Indian equities. Our fund’s strong performance is a testament to our bottom-up, GARP-driven approach and our commitment to structural diversification. While markets may experience phases of volatility, we believe a diversified multi cap strategy backed by strong research and prudent risk management can help investors participate across market cycles.”
Benefits of HSBC Multi Cap Fund
- HSBC Multi Cap Fund is an open ended equity scheme investing across large cap, mid cap, small cap stocks. As per HSBC AMC, here are the key benefits of HSBC Multi Cap Fund.
- Diversification with Large, Mid & Small Caps, across sectors.
- Aim to provide long-term capital growth through a dynamically managed portfolio across Small, Mid and Large Cap stocks.
- Focus on smaller size businesses in their early stage of development having potential for growth in the long run.
- Follows bottom-up stock selection using proprietary investment approach.
- The market capitalisation allocation of assets will be a minimum 25% each in Small, Mid and Large Cap stocks to ensure consistent diversification.
- The fund endeavors to identify growth potential in revenue and profit opportunities as compared to broader market.
- Aims to invest in undervalued, under-owned, and under researched segments that may deliver growth in the long run.
- The fund focuses on GARP (Growth At a Reasonable Price).
About HSBC Multi Cap Fund
Investors who are comfortable with extremely high risk and are looking to build wealth over the long term through equity investments across market capitalization sectors may find the HSBC Multi Cap Fund ideal.
“HSBC Mutual Fund has introduced a new digital film, “Teen Tigda Kaam Tagda”, emphasizing the strategic advantages of the ‘Power of Three’ of investing in Multi Cap funds. This initiative aims to reinforce the value of diversification for investors seeking potential long term portfolio growth with HSBC Multi Cap Fund,” said HSBC Asset Management Company (AMC) in a report.