Analysis of HSBC Flexi Cap Mutual Fund 📊
If you are considering investing in the HSBC Flexi Cap mutual fund, here are some key details to help you make an informed decision:
Basic Information 📝
- Date of Launch: 24 February 2004
- Category: Equity
- Type: Flexi Cap
- AUM*: Rs.4,435 crore
- Benchmark: Nifty 500 Total Return Index
Costs 💸
- NAV** (Growth Option): Rs.211.58
- IDCW: Rs.47.68
- Minimum Investment: Rs.5,000
- Minimum SIP Amount: Rs.1,000
- Expense Ratio# (%): 1.94
- Exit Load: 1% for units redeemed within 365 days in excess of 10% of investment
Fund Managers 👩💼👨💼
Venugopal Manghat / Abhishek Gupta
Portfolio Changes 🔄
- New Entrants: Birlasoft, Mangalore Chemicals & Fertilizers, PNC Infratech (Apr), Coforge, Concord Biotech, Go Digit General Insurance, Grindwell Norton, Hindustan Aeronautics, Persistent Systems (May)
- Complete Exits: Canara Bank, Kotak Mahindra Bank, Maruti Suzuki India, Tata Communications (Apr), APL Apollo Tubes, Apollo Hospitals Enterprise, CIE Automotive India, Mphasis, Pfizer, Tata Consultancy Services (May)
Should You Buy? 🤔
The HSBC Flexi Cap fund, previously known as HSBC Multicap Equity, has a flexible approach that focuses on quality businesses with strong scalability and execution capabilities. It also considers ESG parameters and valuation in its investment framework. The fund currently has a higher exposure to mid and small-cap stocks compared to its peers, which has led to improved returns recently. However, it has a history of underperformance across market cycles, so sustained performance improvement is necessary for long-term credibility.
Hot Take 🔥
After analyzing the HSBC Flexi Cap mutual fund, it is clear that while the fund has shown improved performance in recent times, potential investors should consider its historical underperformance and the need for sustained positive returns before making an investment decision. Evaluate your investment goals and risk tolerance carefully before investing in this fund.
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