March 26, 2024
mayank
HSBC Consumption Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by Chanakyamfguidance.com
NAV Growth: Rs 11.8548
NAV IDCW: Rs 11.8548
Suitable For Which Investors?
This is a fund that invests mainly in the shares of consumer-facing companies.
We believe that investors should avoid funds that have a narrowly defined investment mandate such as this one. Instead, they should invest in flexi-cap funds which provide complete freedom to the fund management team to invest in companies from which it expects maximum gains.
But if you do invest, you must do so only through the SIP route.
Fund’s Investment Strategy:
The scheme seeks to generate long-term capital growth from an actively managed portfolio of equity and equity related securities of companies engaged in or expected to benefit from consumption and consumption related activities.
Fund Manager:
1) Anish Goenka
2) Gautam Bhupal
Education: Mr. Bhupal holds a PGDBM and is a CA, CS and B.Com (Hons)
Experience: Prior to joining HSBC Mutual Fund he was working with IDFC Asset Management Company Ltd., Motilal Oswal Securities Ltd., Infosys Ltd., Vickers Ballas Securities Ltd., SBC Warburg, UTI Securities Ltd.
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 | 31-Aug-23 |
| Return Since Launch | 18.55% |
| Benchmark | NIFTY India Consumption TRI |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 1,159 Cr |
| (As on 29-Feb-2024) | |
| Expense | 0.78% |
| (As on 29-Feb-2024) | |
| Risk Grade | — |
| Return Grade | — |
| Turnover | 4.00% |
Trailing Returns (%) of HSBC Consumption Fund
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| HSBC Consumption Dir | 4.74 | 1.15 | -1.79 | 6.21 | 18.17 | — | — | — | — | — |
| S&P BSE 500 TRI | 3.12 | 0.49 | -1.38 | 5.17 | 16.08 | — | — | — | — | — |
| Equity: Thematic-Consumption | 2.12 | 1.01 | -0.58 | 4.35 | 14.29 | — | — | — | — | — |
| Rank within category | 2 | 5 | 14 | 4 | 1 | — | — | — | — | — |
| Number of funds in category | 14 | 15 | 15 | 14 | 13 | 11 | 11 | 10 | 8 | 7 |
Peer Comparison of HSBC Consumption 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 Consumption Dir | Unrated | — | — | — | 0.78 | 1,159 | 18.55 | 1.00 (365) | 6M | 4.00 |
| ICICI Pru Bharat Consumption Dir | 4 star | 44.35 | 23.69 | — | 1.15 | 2,240 | 18.85 | 1.00 (90) | 4Y 11M | 125.00 |
| Nippon India Consumption Dir | 4 star | 41.13 | 25.08 | 22.99 | 0.87 | 699 | 14.83 | 1.00 (30) | 11Y 2M | 36.00 |
| ABSL India GenNext Dir | 2 star | 34.77 | 19.03 | 18.65 | 0.76 | 4,688 | 17.78 | 1.00 (30) | 11Y 2M | 17.00 |
| Mirae Asset Great Consumer Dir | 3 star | 40.27 | 22.53 | 19.63 | 0.43 | 3,138 | 18.56 | 1.00 (365) | 11Y 2M | 39.00 |
Portfolio Analysis of HSBC Consumption Fund
| No. of Stocks | 44 |
| Top 10 Stocks | 40.99% |
| Top 5 Stocks | 24.79% |
| Top 3 Sectors | 58.14% |
| Portfolio P/B Ratio | 8.25 |
| Portfolio P/E Ratio | 61.97 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 60,922 | 1,26,446 |
| Giant (%) | 31.75 | 44.49 |
| Large (%) | 13.54 | 26.88 |
| Mid (%) | 44.25 | 17.64 |
| Small (%) | 10.46 | 14.66 |
| Tiny (%) | — | — |
How to Invest in HSBC Consumption Fund?
Chanakya’s Mutual Fund Guidance For HSBC Consumption Fund
Do not invest in this, or any other consumption-themed fund, if you need to redeem your investment in less than five years.
Apply Online: https://invest.assetmanagement.hsbc.co.in/auth/login
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Quicklinks
https://sahifund.com/baroda-bnp-paribas-india-consumption-fund/