August 22, 2024
mayank
HSBC India Export Opportunities Fund details, Fund Portfolio, Fund Returns, Peer Comparison, Mutual Fund Guidance @chanakyamfguidance
Table of Contents:
- NFO Open date, Close date
- NFO Investment Strategy
- NFO Basic Details
- NFO Benchmark Index
- Past Performance of NFO Benchmark Index
- Performance Review of Fund Manager
- Should You Invest in this NFO?
- Invest Online
What is the HSBC India Export Opportunities Fund Open Date, Close Date?
NFO opens on September 05, 2024
NFO will close on September 19, 2024
What is the 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 export of goods or services. There is no assurance that the objective of the scheme will be realised and the scheme does not assure or guarantee any returns.
Basic Details
| Fund House | HSBC Mutual Fund |
| Issue Open | 05 September 2024 |
| Issue Close | 19 September 2024 |
| Type | Open-ended |
| Category | Equity: Thematic |
| Min. Investment(Rs) | 5,000 |
| Plans | Growth, IDCW |
| Lock-in Period | NA |
| Exit Load | For units in excess of 10% of the investment, 1% will be charged for redemption within 1 year |
| Riskometer | Very High |
| Benchmark | NIFTY 500 TRI |
What is the Benchmark Index of HSBC India Export Opportunities Fund?
The Nifty 500 index represents top 500 companies selected based on full market capitalization from the eligible universe.
Nifty 500 Index is computed using free float market capitalization method, wherein the level of the index reflects the total free float market value of all the stocks in the index relative to particular base period. Nifty 500 can be used for a variety of purposes such as benchmarking fund portfolios, launching of index funds, ETFs and structured products.
Index Variants: Nifty 500 Total Returns Index, Nifty500 Industry Indices.
Past Performance of Benchmark Index
| Index Returns (%) | QTD | YTD | 1 Year | 5 Years | Since Inception |
| Price Return | 3.53 | 21.11 | 37.94 | 21.07 | 11.26 |
| Total Return | 3.62 | 21.86 | 39.28 | 22.35 | 12.98 |
| Statistics ## | 1 Year | 5 Years | Since Inception |
| Std. Deviation * | 13.70 | 18.67 | 22.37 |
| Beta (NIFTY 50) | 1.03 | 0.96 | 0.93 |
| Correlation (NIFTY 50) | 0.95 | 0.98 | 0.95 |
Fundamentals
| P/E | P/B | Dividend Yield |
| 27.1 | 4.55 | 1.02 |
Top constituents by weightage
| Company’s Name | Weight(%) |
| HDFC Bank Ltd. | 6.38 |
| Reliance Industries Ltd. | 5.34 |
| ICICI Bank Ltd. | 4.48 |
| Infosys Ltd. | 3.54 |
| ITC Ltd. | 2.40 |
| Larsen & Toubro Ltd. | 2.34 |
| Tata Consultancy Services Ltd. | 2.33 |
| Bharti Airtel Ltd. | 2.09 |
| State Bank of India | 1.76 |
| Axis Bank Ltd. | 1.74 |
Performance Review of the Fund Manager of HSBC India Export Opportunities Fund?
1) Abhishek Gupta
Education: Mr. Gupta is a B. Com., PGDM (Finance) CFA (Investments)
Experience: Prior to joining HSBC Mutual Fund, he has worked with Edelweiss Asset Management Limited, Goldman Sachs, Baer Capital and Deutsche Asset Management.
Past Performance of his Schemes
| Fund | HSBC ELSS Tax Saver Fund | It’s Benchmark | HSBC Equity Savings Fund | It’s Benchmark |
| 1 Year | 50.10 | 39.62 | 26.56 | 17.24 |
| 3 Year | 21.22 | 19.99 | 13.46 | 10.19 |
| 5 Year | 21.66 | 22.81 | 13.78 | 10.64 |
| 7 Year | 14.67 | 16.94 | 10.11 | 9.55 |
| 10 Year | 15.16 | 15.31 | 9.62 | 9.29 |
As on 22-08-2024
Which Company Owns HSBC India Export Opportunities Fund?
HSBC Global Asset Management Company (India) Private Limited
Address: 9-11th Floor, NESCO – IT Park Bldg. 3, Western Express Highway, Goregaon East, Mumbai – 400063
Website: http://www.assetmanagement.hsbc.co.in
Registrar & Transfer Agent:
Computer Age Management Services Ltd.
Address: 7th Floor, Tower II, Rayala Towers, 158, Anna Salai, Chennai – 600002
Website: www.camsonline.com
Is it good to invest in HSBC India Export Opportunities NFO?
Guidance for HSBC India Export Opportunities Fund by Paresh Gordhandas, C.A., Research Analyst.
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 export of goods or services. While thematic funds are finding investor favour right now, this type of fund is very niche. The fund aims to invest 80 per cent to 100 per cent of the assets in companies that have exports revenue of more than 20 per cent.
Indian export has grown 10 per cent CAGR compared to pre-Covid era, 1.7x of nominal GDP growth. By 2030 India’s target for Export is USD 2tn which reflects strong 15 per cent CAGR. HSBC India Export Opportunities Fund (HEOF) aims to capture this growth trend by investing in export-oriented companies. However, we believe that in the current market scenario there are much better investment opportunities available with the influx of NFOs, existing mutual fund schemes as well as direct investment into stock markets. As per our opinion, this NFO can be avoided.
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