March 28, 2024
mayank
HSBC Multi Asset Allocation Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by Chanakyamfguidance.com
NAV Growth: Rs 10.1014
NAV IDCW: Rs 10.1013
Suitable For Which Investors?
“Multi Asset Allocation funds invest your money in a mix of equity shares, bonds and commodities (usually gold) such that each has at least 10 per cent allocation at all times.
We don’t think highly of gold or other commodities as an investment. Therefore, we believe that investors can avoid these funds altogether. Instead, they might consider other varieties of hybrid funds-aggressive hybrid, balanced hybrid and conservative hybrid-which invest your money in equity shares and bonds in different proportions. You can choose from these depending upon your investment horizon, return expectations and ability to withstand volatility in the value of your investments.”
Fund’s Investment Strategy:
The scheme seeks to generate long-term capital growth and generate income by investing in Equity & Equity Related instruments, Debt & Money Market Securities and Gold / Silver ETFs.
Fund Manager:
1) Cheenu Gupta
Education: Ms. Gupta is CFA Charter holder (USA), PGDBM (Finance) & B.E. (I.T)
Experience: Prior to joining HSBC Mutual Fund, she has worked with L&T Mutual Fund, Canara Robeco Mutual Fund, Tata AIA Life Insurance Company as Fund Manager, ING Investment Management as Senior Research Analyst and UTI AMC Ltd. as Research Analyst.
2) Mahesh A Chhabria
Education: Mr. Chhabria is a Commerce Graduate and has also pursued FCA and CFA.
Experience: Prior to joining HSBC MF, he has worked with L&T AMC, Edelweiss Securities Ltd, Darivium Traditions Pvt. Ltd. and FIL Fund Management Pvt. Ltd.
3) Dipan S. Parikh
Investment Details
| Min. Investment (Rs) | 5,000 |
| Min. Addl Investment (Rs) | 1,000 |
| Min. SIP Investment (Rs) | 500 |
| Min. Withdrawal (Rs) | 500 |
| Min. No of Cheques | 12 |
| Min. Balance (Rs) | — |
| Lock-in Period | NA |
| Exit Load | For units in excess of 10% of the investment, 1% will be charged for redemption Within 1 year |
Basic Details
| Fund House | HSBC Mutual Fund |
| Launch Date | 28-Feb-24 |
| Return Since Launch | 1.01% |
| Benchmark | S&P BSE 200 TRI (65), NIFTY Short Duration Index (20), Domestic Price of Gold (10), Domestic Price of Silver (5) |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 1,334 Cr |
| (As on 29-Feb-2024) | |
| Expense | 0.72% |
| (As on 29-Feb-2024) | |
| Risk Grade | — |
| Return Grade | — |
| Turnover | — |
Trailing Returns (%) of HSBC Multi Asset Allocation Fund
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| HSBC Multi Asset Allocation Dir | — | 0.31 | — | — | — | — | — | — | — | — |
| VR Balanced TRI | — | 0.50 | — | — | — | — | — | — | — | — |
| Hybrid: Multi Asset Allocation | — | 0.26 | — | — | — | — | — | — | — | — |
| Rank within category | — | 14 | — | — | — | — | — | — | — | — |
| Number of funds in category | 30 | 37 | 33 | 30 | 28 | 25 | 19 | 12 | 8 | 6 |
Peer Comparison of HSBC Multi Asset Allocation Fund
| Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | Turnover (%) | |
| HSBC Multi Asset Allocation Dir | Unrated | — | — | — | 0.72 | 1,334 | 1.01 | 1.00 (365) | 1M | — |
| ICICI Pru Multi Asset Dir | 4 star | 34.64 | 25.10 | 19.65 | 0.67 | 34,644 | 17.03 | 1.00 (365) | 11Y 2M | 31.00 |
| SBI Multi Asset Allocation Dir | 4 star | 28.91 | 15.95 | 14.26 | 0.61 | 3,879 | 12.06 | 1.00 (365) | 11Y 2M | — |
| Tata Multi Asset Opportunities Dir | 4 star | 30.14 | 17.66 | — | 0.39 | 2,501 | 21.21 | 1.00 (365) | 4Y | 19.07 |
| Quant Multi Asset Dir | 5 star | 47.52 | 33.16 | 28.35 | 0.76 | 1,677 | 15.87 | 1.00 (15) | 11Y 2M | 248.00 |
Portfolio Analysis of HSBC Multi Asset Allocation Fund
| No. of Stocks | 39 |
| Top 10 Holdings | 12.66% |
| Top 5 Stocks | 8.69% |
| Top 3 Sectors | 12.17% |
| Portfolio P/B Ratio | 4.32 |
| Portfolio P/E Ratio | 29.16 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 77,929 | 1,94,260 |
| Giant (%) | 30.28 | 52.93 |
| Large (%) | 32.12 | 20.68 |
| Mid (%) | 28.43 | 19.79 |
| Small (%) | 9.17 | 7.66 |
| Tiny (%) | — | 0.13 |
| Fund | Category | |
| Number of Securities | 42 | 60 |
| Macaulay Duration (yrs) | — | — |
| Average Maturity (yrs) | — | — |
| Yield to Maturity (%) | — | — |
| Avg Credit Rating | GOI/Cash | — |
How to Invest in HSBC Multi Asset Allocation Fund?
Chanakya’s Mutual Fund Guidance For HSBC Multi Asset Allocation Fund
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Quicklinks
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