The AssetFactsheet – July 2018
Index
Fund Manager Commentary
HSBC Large Cap Equity Fund
HSBC Multi Cap Equity Fund
HSBC Small Cap Equity Fund
HSBC Infrastructure Equity Fund
HSBC Tax Saver Equity Fund
HSBC Global Emerging Markets Fund
HSBC Brazil Fund
HSBC Managed Solutions India - Growth
HSBC Managed Solutions India - Moderate
HSBC Managed Solutions India - Conservative
Fund Managers - Equity
Fund Manager Wise Comparative Performance of Equity Schemes
HSBC Regular Savings Fund
HSBC DynamicAssetAllocation Fund
HSBCAsia Pacific (Ex Japan) Dividend Yield Fund
HSBC Debt Fund
HSBC Short Duration Fund
HSBC Cash Fund
HSBC Low Duration Fund
HSBC Flexi Debt Fund
Fund Managers - Debt
Comparative Performance of Debt Schemes
Section II - How to read Factsheet
HSBC Global Consumer Opportunities Fund
SIP Performance of Equity Schemes
HSBC Mutual Fund Products
Fund Manager Wise
01
06
05
07
08
09
10
11
12
13
14
15
16
17
18
21
26
31
32
33
34
35
36
37
38
40
19
-
Rebound in Mid and Smallcap performance
During July 2018, markets saw a recovery in the performance with both market indices and the broader market indices gaining on a month on month
basis (MoM). The market indices however continued to outperform the broader market counterparts, a trend that was visible all through 2018. The
mid and small cap indices saw a mild bounce back considering the sharp correction these indices have witnessed on a calendar year to date basis.
Market indices, S&P BSE Sensex and NSE Nifty were up 6.4% and 6.2% respectively while S&P BSE Midcap and S&P BSE Smallcap indices gained
4% and 3.7% respectively. ( ).
The macro headwinds which had underpinnings in the higher global crude prices, eased a bit as the oil prices cooled off by 6.5% MoM. Given this
backdrop, the currency market trends also stabilised with INR broadly remaining the same on a MoM basis. These factors helped the broader market
performance to pick up during the month.
Government announced the Minimum Support Price or MSP for Kharif crops and as stated in this year’s budget document this was fixed at atleast 1.5
times the cost of production. Accordingly, some of the Kharif crops saw material increase in MSPs and in certain cases, the increase in price
exceeded the floor of 1.5 times of the cost of production. Higher MSPs are inflationary in nature and is expected to add close to 40bps to Consumer
Price Inflation (CPI) at the base level. However, depending on the mechanisms adopted to ensure MSPs are passed on to farmers efficiently (E.g.:
quantum of direct procurement of crops by the government), the inflation expectations could vary. This has added to an expectation of a higher
interest rate environment over the next few quarters and the RBI has already announced the second consecutive repo rate increase of 25 bps during
the bi-monthly policy held on 01Aug 2018.
The April – June 2018 quarterly earnings season is currently underway and the trends so far are broadly on expected lines. The aggregate earnings
delivery has been impacted by higher provisions at corporate focused banks and in select companies. The earnings momentum is expected to pick
up through FY19.
The GST council reduced tax rates on 88 items largely in the consumer segments, majority of which saw the tax rate getting reduced from 28% to
18%. The council also eased compliance requirements such as simplified filing process for small businesses, deferred the implementation of the
reverse charge mechanism among others. This could put some pressure on the GST revenues (impact expected to be tune of Rs. 100 bn) but the
fiscal impact is not estimated to be that meaningful at this juncture.
The Foreign Institutional Investor (FII) segment turned net buyers after seeing net outflows for the past three months. The segment net bought Indian
equities worth about USD 208 mn during the month and for the 7 months during the calendar year, the net outflows from segment stands at about USD
414 mn (about USD 7.71 bn of net inflows in CY2017). The Domestic Institutional Investors (DII) segment continued to see net inflows (about USD
655 mn, as on 20 July) driven by net inflows from the domestic MFs. The MF segment net bought equities worth about USD 802 mn (till 20 July). On a
CYTD perspective, the MF segment has seen net inflows of about USD 11.9 bn, while at an overall DII level, the net inflows stood at about USD 10.1
bn, accounting for the net outflows from the domestic insurers (data available till 20 July).
*returns on Total Return or TR variants of indices on a MoM basis
Global trade conflict noises refused to die down as the US threatened to extend tariffs on all Chinese exports to the US. However, US President and
European Commission President agreed to work towards finding a solution in their ongoing trade dispute. The European Central Bank (ECB) kept
interest rates on hold during its July meeting which was on expected lines. The first estimate of the US second quarter GDP came in at 4.1% QoQ
annualised, while first quarter GDP growth was revised higher to 2.2% from 2% earlier. During the second quarter, the personal consumption
segment showed growth traction along with positive contribution from net exports. Global crude oil prices fell during the month on back of increase in
production from SaudiArabia, Russia and US, and also due to resumption of Libyan supply post-temporary shutdown as geo-political issues receded
there.
Month of July saw a rebound in performance in Mid & Small cap indices, while the large cap market indices continued to touch all time high levels.However, if we analyse the equity market performance on a calendar year till date basis, a dichotomy is clearly visible in the performance of marketindices to that of mid & small cap indices. Even after the rebound in July, BSE Midcap and Smallcap indices are down 9.6% and 13.4%, whereas themarket indices BSE Sensex and NSE CNX Nifty have climbed to record highs to register gains of 11.3% and 9% respectively during the past 7 months( ). However, it has been a concentrated performance on the market indices with a few stockscontributing to bulk of the gains generated on a year till date basis. As a result, the Nifty 50 Equal Weight index is down 0.6% on a year till date basis,underperforming the free float counterpart meaningfully.
returns on Total Return or TR variants of indices
External
Global Economic Scenario
Institutional Fund Flows
Equity Market Outlook
Market View
Fund Manager Commentary
01
Source: Bloomberg; Bombay Stock Exchange (BSE)
Re
turn
s %
Sensex Nifty BSE200 BSE500 BSE MidCap BSE SmallCap
0.0%
1.0%
2.0%
3.0%
4.0%
5.0%
6.0%
7.0%
Indices Performance - July 2018
Infl
ati
on
Gro
wth
(%)
0.0
1.0%
2.0%
3.0%
4.0%
5.0%
6.0%
7.0%
Ma
y-1
5
Nov-1
5
Apr-
16
Se
p-1
6
Feb
-17
Jul-
17
De
c-1
7
Jun-1
8
CPI Inflation (%)
RBIActions (Policy rate)
Consumer Price Index or CPI
RBI’s Monetary Policy Committee or MPC hiked policy rate by 25 bps, while keeping its stance neutral. In line with the market opinion, RBI has hikedrepo, reverse repo and MSF rates by 25 bps while keeping a stance as Neutral. The key driver of the rate hike seems to be driven by two key factors a)closing of output gap b) increase in domestic activity.
The cycle of re-rating in mid / small caps seen during 2017 and the subsequent correction in the space was as a result of valuations in the spacerunning ahead of actual earnings delivery / expectations coupled with headwinds from increase in commodity prices especially global crude oil andINR depreciation. With crude oil prices cooling off a bit along with a stable currency, we saw a rebound in the performance of Mid & Small cap indicesduring July. Valuations at an aggregate level and for individual stocks within the mid / small cap space have moderated from the peak levels, as thepremium of mid / small caps over large caps had reached unsustainable levels at the start of 2018. However, this phase of correction in mid / smallcaps is throwing up good opportunities as some quality names are now available at reasonable valuations.
From a macro backdrop point of view, some of the variables have worsened at the margin after seeing significant improvement post the 'tapertantrum' phase in 2013. The fiscal deficit may move marginally higher while inflation expectations have inched up. On the external front, the CurrentAccount Deficit has widened while exports growth momentum is yet to pick up sustainably. Higher global crude oil price is a headwind in thisconnection. Having said that, all of these macro variables are in a far better shape when compared to bouts of crises phases we have witnessed in thepast decade. The Central bank is also acting proactively and decisively to manage the inflation effectively as demonstrated by two consecutive ratehike decisions. On the global front, the rate hike process is expected to continue in the US and while this is broadly priced in as far markets areconcerned, however there could be some impact of external flows drying up for emerging markets. The US - China trade spat has been in athreatening mode for some time now, though the issue snowballing to a full blown trade war would not be in the best interests of both nations andhence is likely to be avoided. The US - N Korea historic summit has cooled down the heat on geo-political concerns which was lingering earlier.
We remain constructive on the India story from a medium to long term perspective. Looking ahead, the GST regime will lead to faster formalization ofthe economy, broaden the tax base, improve the fiscal situation and improve the ease of doing business. Insolvency and Bankruptcy Code or IBC isanother key reform that will lead to structural repair in the banking industry and this may go a long way in reviving the credit offtake in the economy,early signs of which we are already witnessing. Government has taken some steps to address the growth issue and the bank recapitalisation andinfrastructure push announced are to tackle growth challenges and that will help in hastening the overall economic growth revival process. GDPgrowth rebound after the twin disruptions of Demonetization and GST implementation provides the optimism and we are entering a high growthphase again.Also, the corporate earnings recovery cycle is already underway as the trends from the ongoing earnings season suggest. We are likelyto see meaningful acceleration in corporate earnings growth over the next 2 to 3 years driven by the favourable base as well as genuine uptick indomestic demand and consumption.
The factors to closely track in the near to medium term would be corporate earnings, RBI’s policy actions, election calendar culminating in the generalelections, global crude price dynamics, rising trends of protectionism in the developed economies and the interest rate actions in the US.
Indian government announced Minimum Support Price or MSP rates. The MSP rate was largely on expected lines as per the formula specified in the
budget. Overall MSP rates for paddy, which is the most widely sown kharif crop was increased by 13%, pulses by around 9%, while few of the other
crops saw higher increases. On a weighted average basis (considering weights in CPI index), the MSP increase was around 14% on an average. The
overall inflation impact is expected to be between 25 to 60 bps as per estimates of various economists but much will depend on procurement policy.
GST collections for the month of June 2018 (collected in July 2018) was Rs 964 bn with a run rate of about Rs 980 bn for the first three months
continuing to remain a tad lower than the Rs 1 trillion per month target. GST rates for certain items were lowered further in the month. Going
forward improved compliance on GST and e-way bill rollout is expected to bring the desired results.
Consumer Price Index or CPI Inflation for June ‘2018 came in better than expectation at 5.0% YoY from 4.87% YoY in May, driven by muted food
inflation. Food inflation has remained consistently softer than seasonal, with back-to-back normal monsoon. The marginal rise in headline inflation is
due to fuel and miscellaneous, in addition to an adverse base.
Policy notes that economic growth is strong and output gap has virtually closed. GDP growth for FY19 retained at 7.4% with 1H growth in therange of 7.5 - 7.6% and 2H 7.3 – 7.4% with risks evenly balanced. Five MPC members have voted for the hike with 1 member voting againstthe decision.
Two consecutive hikes with “neutral” stance may indicate that probability of further hikes in the near term is very low. Policy has been a reliefto fixed income markets as the rate hike was well priced in and no change in stance is viewed positively so far. Going forward the key risks toinflation emerge from a) volatility in crude prices b) geopolitical tensions c) spatial distribution of monsoon and procurement policy d) fiscalslippage at center/state and e) second round impact of state HRArevisions
MSP (Minimum Support Price)
GST
RBI's Monetary Policy, Economic Indicators
Inflation
Fund Manager Commentary
02
Source: Bloomberg; Central Statistical Organization (CSO) India
4%
5%
6%
7%
8%
9%
10%
Au
g/1
0
Jan
/11
Jun
/11
Nov/1
1
Ap
r/12
Se
p/1
2
Feb/1
3
Jul/13
Dec/1
3
Ma
y/1
4
Oct/14
Mar/
15
Au
g/1
5
Jan
/16
Jun
/16
Nov/1
6
Ap
r/17
Se
p/1
7
Feb/1
8
Jul/18
Rate
%
Repo Rate (%)
Wholesale Price Index or WPI
Currency
For the first quarter of FY19, government stood at 68.7% of its fiscal deficit target as compared to 80.8% last year. While it is better than last year driven
by higher revenue receipts, some portion of this is driven by March GST (collected inApril).
Liquidity hovered between being neutral to deficit. Towards the end of the month, some government spending has brought the system back to neutral.
RBI Open Market Operations or OMO helped liquidity easing in the middle of the month. Going forward, RBI has indicated that it would balance
liquidity actively with choice of instruments depending on the whether the action is to tackle durable or transient liquidity.
Market is likely to trade around 7.70% in the near term. In the near term, with immediate policy action out of the way, market will look for cues from
currency and oil.
Fixed income markets have been largely driven by the direction of oil and currency. Markets were helped by MSP announcement being on expected
lines, while crude inching downwards a bit also helped market to stabilise.Also OMO announcement led to some positive sentiment. Towards the end
of the month, market was largely on the sidelines awaiting clues from the policy. Policy being on expected lines with “neutral” stance should provide
some balance going forward.
Wholesale Price Index or WPI inflation came in at 5.8%, higher than 4.23% in momentum, driven by an unfavorable base effect and increase in fuel
prices. A sequential momentum in core and food prices also affected WPI inflation. Primary food inflation at WPI level however remained subdued at
1.14% while core WPI is at 4.8% (up from 4.4% y-o-y) even as fuel inflation remained higher at 16.2% y-o-y.
Index of Industrial Production or IIP
India’s industrial production for May ‘2018 was modest at 3.2% YoY compared to a 4.8% in Apr-18 marking the slowest pace of growth in last 7
months.
Rupee was range bound for most part of the month touching highs of 69.1 and lows of 68.3 largely driven by oil and geo political factors and dollar
strengthening. In terms of flows while most of the month was negative, towards the end of the month it turned positive with marginal net positive on the
debt side and INR 11 bn net flows on the equity side.
Fiscal Deficit
Liquidity
Markets
Going Forward
03
Fund Manager Commentary
Source: Bloomberg, for all data except where mentioned otherwise
Source: Bloomberg
Repo Rate Movement
IIP YoY Growth in % (New Series; base 2011- 12)
Gro
wth
%
-6%
-1%
4%
9%
14%
Ju
n/1
3
Nov/1
3
Apr/
14
Se
p/1
4
Fe
b/1
5
Ju
l/15
Dec/1
5
Ma
y/1
6
Se
p/1
6
Fe
b/1
7
Ju
l/17
Dec/1
7
Ma
y/1
8
Index of Industrial Production (IIP)* new series data
“This document provides a high level overview of the recent economic environment. It is for marketing purposes and does not constituteinvestment research, investment advice or a recommendation to any reader of this content to buy or sell investments. It has not beenprepared in accordance with legal requirements designed to promote the independence of investment research and is not subject to anyprohibition on dealing ahead of its dissemination.”
04
Fund Manager Commentary
Consumer Discretionary
Consumer Staples
Energy
Financials
Healthcare
Industrials
Information Technology
Materials
Telecommunication
Utilities
Sectors HSBCLarge Cap
Equity Fund #
HSBCMulti Cap
Equity Fund #
Overweight Underweight Neutral
#The benchmark for HSBC Large Cap Equity Fund and HSBC Multi Cap Equity Fund have changed w.e.f. 11th November, 2016 as a more suitablebenchmark was identified which better matched the portfolio strategy.There has been no change to investment management of the scheme.
Review: HSBC Large Cap Equity Fund
Positive Contributors
Negative ContributorsEnergy & Consumer Staples - being underweight hurt performanceMaterials - being overweight & certain stock (s) selection hurt performanceFinancials & Utilities – certain stock (s) selection hurt performanceIndustrials - being overweight hurt performance
Consumer Discretionary - certain stock (s) selection helped performanceHealthcare - being underweight helped performance
Review: HSBC Multi Cap Equity Fund
Positive Contributors
Negative Contributors
Financials – being overweight & certain stock (s) selection helped performance
Healthcare & Utilities – being underweight helped performance
Industrials & Consumer Staples - certain stock (s) selection helped performance
Materials & Telecommunication - being overweight & certain stock (s) selection hurt performance
Energy - being underweight hurt performance
Review: HSBC Small Cap Equity Fund
Positive Contributors
Negative ContributorsMaterials & Utilities - certain stock (s) selection hurt performanceHealthcare & Information Technology - being underweight & certain stock (s) selection hurt performance
Financials & Consumer Staples - certain stock (s) selection helped performanceEnergy - being overweight & certain stock (s) selection helped performanceConsumer Discretionary & Telecommunication - being underweight helped performance
Review: HSBC DynamicAssetAllocation Fund
The cash levels and sector allocation in the fund are likely to change depending on the market conditions and technical factors.
Review: HSBC Regular Savings Fund
Our current equity exposure is 25.10%. Currently it is more biased towards large caps than mid or small caps.
HSBCSmall Cap
Equity Fund
Due to non-availability of the data for the S&P BSE 250 Small Cap Index attribution analysis for HSBC Small Cap Equity Fund is not incorporated.
Pursuant to the circular issued by Securities and Exchange Board of India(SEBI) on ’inorder to bring uniformity in the practice and standardize the scheme categories across the Mutual Funds, placed below is the HSBC Mutual Fund’s productspectrum, effective from
‘Categorization and Rationalization of Mutual Fund Schemes
14th March,2018.
Equity Schemes
HSBC Mutual Fund Products
Scheme Benchmark
HSBC Cash Fund
HSBC Flexi Debt Fund
HSBC Managed Solutions India -
Growth
Fund of Funds (Overseas/Domestic) Composite Index constituting 80% of
S&P BSE 200 Index and 20% of CRISIL
Composite Bond Index.
HSBC Large Cap Equity Fund
(Previous Name - HSBC Equity Fund)
HSBC Small Cap Equity Fund
(Previous Name - HSBC Midcap
Equity Fund)
HSBC Multi Cap Equity Fund
(Previous Name - HSBC India
Opportunities Fund)
HSBC Tax Saver Equity Fund
HSBC Infrastructure Equity Fund
Large Cap Fund – An open ended equity
scheme predominantly investing in largecap
stocks.
Small Cap Fund - An open ended equity scheme
predominantly investing in small cap stocks
Multi Cap Fund - An open ended equity
scheme investing across large cap, mid cap,
small cap stocks
An open ended equity linked saving scheme
with a statutory lock-in of 3 years and tax benefit
An open ended equity scheme following
Infrastructure theme.
Large Cap Fund
(Previous Category - Large cap equity scheme)
Small Cap Fund
(Previous Category - Mid-cap Equity Scheme)
Multi cap Fund
(Previous Category - Flexi-Cap Equity Scheme)
Equity Linked Savings Scheme
Thematic Fund
(Previous Category - Equity Scheme)
Nifty 50
S&P BSE 250 Small Cap Index
(Previous Benchmark - S&P BSE Midcap Index)
S&P BSE 200
S&P BSE 200
S&P BSE India Infrastructure Index
HSBC Brazil Fund
HSBC Global Emerging Markets Fund
(Previous Name - HSBC Emerging
Markets Fund)
HSBC Asia Pacific (Ex Japan)
Dividend Yield Fund
HSBC Global Consumer
Opportunities Fund
An open ended fund of fund scheme investing in
HSBC Global Investment Funds - Global
Emerging Markets Equity Fund
An Open Ended Fund of Funds Scheme investing
in HSBC Global Investments Fund - (HGIF)
Asia Pacific Ex Japan Equity High Dividend Fund
An Open-Ended Fund of Funds Scheme
investing in HSBC Global InvestmentsFund
- (HGIF) Brazil Equity Fund
An Open Ended Fund of Funds Schemeinvesting
HSBC Global Investment Funds (HGIF) China
Consumer Opportunities Fund
Fund of Funds (Overseas)
(Previous Category - Fund of Funds)
Fund of Funds (Overseas)
(Previous Category - Fund of Funds)
Fund of Funds (Overseas)
(Previous Category - Fund of Funds)
Fund of Funds (Overseas)
(Previous Category - Fund of Funds)
MSCI Emerging Markets Index
MSCI AC Asia Pacific ex Japan
MSCI Brazil 10/40 Index
MSCI AC World Index
CategoryType
HSBC Managed Solutions India -
Conservative
HSBC Managed Solutions India -
Moderate
An Open Ended Fund of Funds Scheme
investing in a basket of equity, debt, Gold and
other Exchange Traded Funds
An Open Ended Fund of Funds Scheme
investing in a basket of equity, debt, Gold and
other Exchange Traded Funds
An Open Ended Fund of Funds Scheme
investing in a basket of equity, debt, Gold and
other Exchange Traded Funds
Fund of Funds (Overseas/Domestic)
Fund of Funds (Overseas/Domestic) Composite Index constituting of 90% of
CRISIL Composite Bond Index and 10%
of S&P BSE 200 Index.
CRISIL Hybrid 35+65 - Aggressive Index
(renamed from existing CRISIL Balanced
Fund Aggressive Index)
^£
(Previous Name -
)
HSBC Regular Savings Fund
HSBC Monthly
Income Plan#
An open ended Hybrid Scheme investing
predominantly in debt instruments.
Conservative Hybrid Fund
(Previous category - Income Scheme)CRISIL Hybrid 85+15 - Conservative Index
renamed from existing MIP Blended Fund
Index)
^£#
(
HSBC Debt Fund
(Previous Name - HSBC Income Fund
- Investment Plan)
HSBC Short Duration Fund
(Previous Name - HSBC Income Fund
- Short Term Plan)
HSBC Low Duration Fund
(Previous Name - HSBC Ultra Short
Term Bond Fund)
An open ended Dynamic Debt Scheme
investing across duration
An open ended Medium to Long Term DebtScheme investing in instruments such that the
Macaulay duration of the portfolio is between4 years to 7 years.
^^
An open ended Short Term Debt Scheme
investing in instruments such that the Macaulay
duration of the portfolio is between 1 year to
3 years.
^^
An open ended Low Duration Debt Scheme
investing in instruments such that the Macaulay
duration of the portfolio is between 6 months to
12 months.
^^
An Open Ended Liquid Scheme
Medium to Long Duration Fund
(Previous category - Income Scheme)
Short Duration Fund
(Previous category - Short Term Plan)
Liquid Fund
Low Duration Fund
(Previous category - Debt Fund)
Dynamic Bond Fund
(Previous category - An open - ended Debt
Scheme)
CRISIL Composite Bond Fund Index
CRISIL Short Term Bond Fund Index
CRISIL Liquid Fund Index
CRISIL Low Duration Debt Index (Previously
named as CRISIL Ultra Short Term Debt Index)
(Previous benchmark CRISIL Liquid Fund Index
- 90%, CRISIL Short Term Bond Fund Index
^£
CRISIL Composite Bond Fund Index
^Debt Allocation of 85% and 35% in respective indices represented by CRISIL Composite Bond Index.£ The equity component of the Index has been changed from Nifty 50 to S&P BSE - 200 and will be represented by Total Return variant of S&P BSE - 200.# Monthly income is not assured and is subject to the availability of distributable surplus.^^The Macaulay duration is the weighted average term to maturity of the cash flows from a bond. The weight of each cash flow is determined by dividing the present value of the
cash flow by the price.
Criteria for Large, Mid & Small companies -SEBI has demarcated the definitions of large cap, mid cap and small cap companies as given below.Large Cap: 1st -100th company in terms of full market capitalization, Mid Cap: 101st -250th company in terms of full market capitalization, Small Cap: 251st company onwards in terms of fullmarket capitalization of large/mid/small cap companies
A list of stocks as per above criteria will be uploaded on AMFI website and updated every six months by AMFI.Note -
Scheme Benchmark
05
HSBC Dynamic Asset Allocation Fund
(Previous Name - HSBC Dynamic Fund)
An open ended Dynamic Asset Allocation Fund. Dynamic Asset Allocation
(Previous Category - Dynamic Equity Scheme)
S&P BSE 200
Hybrid Scheme
Other Schemes
Debt Schemes
HSBC Large Cap Equity FundLarge Cap Fund - An open ended equity scheme predominantly investing in large cap stocks.
Investment Objective: To generate long-term capital growth from an actively managed portfolio of equity and equity related securities of predominantly large
cap companies.However, there can be no assurance or guarantee that the investment objective of the scheme would be achieved.
06
FUND DETAILS
Month End Total Expenses ratios (Annualized)
Portfolio Turnover
Regular 2.21%Direct Plan 1.51%Excludes GST on Investment Management fees of 0.23% ofTotal NetAssets.
¤¤0.81
Asset Allocation
Auto 9.51%
AutoAncillaries 2.68%
Banks 32.25%
Cement 1.17%
Construction Project 4.91%
Consumer Non Durables 5.57%
Ferrous Metals 1.97%
Finance 8.14%
Hotels, ResortsAnd Other RecreationalActivities 1.09%
Media & Entertainment 1.06%
Non - Ferrous Metals 2.74%
Petroleum Products 6.76%
Pharmaceuticals 1.62%
Power 2.33%
Software 11.65%
Telecom - Services 1.87%
Transportation 1.10%
Other Equity Investments 1.83%
Reverse Repos/CBLOs 1.13%
Net CurrentAssets 0.62%
Total NetAssets 100.00%
¤
¤¤Portfolio Turnover Ratio is computed for the last 12 months.
Statistical Ratios disclosed are as per monthly returns(Annualized) for the last 3 years.
The benchmark was changed w.e.f. 11th November, 2016 as amore suitable benchmark was identified which better matchedthe portfolio strategy. There has been no change to investmentmanagement of the scheme.
Effective from March 14, 2018 for prospective investments.
**Risk free rate: 6.25% (FIMMDA-NSE Mibor) as on July 31,2018)
$
@
Upon payment of dividend, the NAV per unit falls to the extent of payout and statutory levy, if any. Face value: 10 per unit.`
Auto
Maruti Suzuki India 3,332.19 4.57%
Mahindra & Mahindra 2,807.85 3.85%
Tata Motors 792.30 1.09%
MRF 993.63 1.36%
Motherson Sumi Systems 966.30 1.32%
HDFC Bank 7,083.38 9.71%
ICICI Bank 4,868.00 6.67%
Yes Bank 3,679.50 5.04%
Axis Bank 3,302.40 4.52%
Kotak Mahindra Bank 2,613.70 3.58%
IndusInd Bank 1,995.15 2.73%
Shree Cement 850.91 1.17%
Larsen & Toubro 3,581.33 4.91%
ITC 2,977.00 4.08%
Asian Paints 1,088.55 1.49%
Jindal Steel & Power 1,438.15 1.97%
HDFC 3,989.70 5.47%
Indiabulls Housing Finance 1,945.58 2.67%
Indian Hotels Co. 798.00 1.09%
Sun TV Network 772.30 1.06%
Vedanta 1,999.80 2.74%
Reliance Industries 4,151.00 5.69%
Bharat Petroleum Corporation 779.50 1.07%
Aurobindo Pharma 1,183.10 1.62%
NTPC 1,703.35 2.33%
Infosys 5,119.13 7.01%
HCL Technologies 2,412.75 3.31%
Tata Consultancy Services 970.10 1.33%
Bharti Airtel 1,367.10 1.87%
Adani Ports & Special Economic Zone 799.50 1.10%
Auto Ancillaries
Banks
Cement
Construction Project
Consumer Non Durables
Ferrous Metals
Finance
Hotels, Resorts And Other Recreational Activities
Media & Entertainment
Non - Ferrous Metals
Petroleum Products
Pharmaceuticals
Power
Software
Telecom - Services
Transportation
Other Equity Investments 1,338.46 1.83%
Cash Equivalents
CBLO 822.63 1.13%
Net Current Assets 459.37 0.62%
Total Net Assets as on 31-Jul-2018 72,981.69 100.00%
FUND PORTFOLIO
IssuerMarket Value
( in Lacs)`
% to NetAssets
Dividend DeclarationRecord Date / periodof dividend declared
Dividend ( per unit)Non-Institutional
` Dividend ( per unit)Institutional
` NAV ( ) per unit(cum dividend)
`
HSBC Large Cap Equity Fund - Dividend
28-Dec-17 3.50000 3.50000 33.2519HSBC Large Cap Equity Fund - Dividend - Direct Plan
28-Dec-17 3.50000 3.50000 34.7739
10-Nov-15 3.70000 3.70000 29.404602-Nov-16 3.00000 3.00000 30.0022
10-Nov-15 3.70000 3.70000 30.080602-Nov-16 3.00000 3.00000 31.0071
Date of Allotment
Benchmark
NAV (Growth)(as on 31.07.18)
Monthly Average AUM
(In Lakhs)
Fund Manager
SIP
Minimum
Application Amount
Exit Load
Standard Deviation
Beta (Slope)
Sharpe Ratio**
$
@
per unit
Statistical Ratios¤
10-Dec-02Nifty 50
Neelotpal SahaiAvailable
,000
1,000 p.m.(SIP)
14.84%
`
`
`
5
212.3545
1.0162
0.3727
70,465.05
(Lumpsum)
Investors understand that their principalwill be at Moderately High risk
Riskometer
Mod
erately Moderate
Low
Hig
h
Low
High
LOW HIGH
Moderately
This product is suitable forinvestors who are seeking*:
• To create wealth over longterm
• Investment in predominantlylarge cap equity and equityrelated securities
HSBC Large Cap Equity Fund
* Investors should consult their financial advisers if in doubt aboutwhether the product is suitable for them.
In respect of each purchase /switch-in of Units, an ExitLoad of 1% is payable if Units are redeemed / switched-out within 1 year from the date of allotment.
No Exit Load will be charged if Units are redeemed/switched - out after 1 year from the date of allotment.
HSBC Multi Cap Equity Fund
07
FUND DETAILS
Month End Total Expenses ratios (Annualized)
Portfolio Turnover
Regular 2.25%Direct Plan 1.55%Excludes GST on Investment Management fees of 0.18% of TotalNetAssets.
¤¤0.46
Asset Allocation
Auto 9.43%AutoAncillaries 1.14%Banks 24.57%Cement 1.66%Chemicals 1.06%Construction 2.83%Construction Project 4.21%Consumer Non Durables 3.27%Ferrous Metals 3.96%Finance 13.19%Hotels,Resorts and Other RecreationalActivities 1.67%Industrial Capital Goods 1.17%Industrial Products 1.61%Non - Ferrous Metals 2.79%Petroleum Products 3.72%Pharmaceuticals 1.39%Software 7.09%Textile Products 1.16%Other Equity Investments 13.32%Reverse Repos/CBLOs 0.44%Net CurrentAssets 0.32%Total NetAssets 100.00%
¤
¤¤
Statistical Ratios disclosed are as per monthly returns(Annualized) for the last 3 years.
6.25 ,2018
Portfolio Turnover Ratio is computed for the last 12 months.
**Risk free rate: % (FIMMDA-NSE Mibor) as on July 31)
$The benchmark was changed w.e.f. 11th November, 2016 as a
more suitable benchmark was identified which better matchedthe portfolio strategy. There has been no change to investmentmanagement of the scheme.@Effective from March 14, 2018 for prospective investments.
Upon payment of dividend, the NAV per unit falls to the extent of payout and statutory levy, if any. Face value: 10 per unit.`
FUND PORTFOLIO
Auto
Mahindra & Mahindra 1,871.90 2.94%
Maruti Suzuki India 1,428.08 2.24%
Eicher Motors 1,389.93 2.18%
Tata Motors 1,320.50 2.07%
Balkrishna Industries 724.71 1.14%
HDFC Bank 6,102.60 9.58%
ICICI Bank 3,803.13 5.97%
Yes Bank 3,679.50 5.78%
Axis Bank 2,064.00 3.24%
Dalmia Bharat 1,058.24 1.66%
Vinati Organics 675.92 1.06%
Gayatri Projects 1,120.08 1.76%
Somany Ceramics 682.94 1.07%
Larsen & Toubro 1,758.11 2.76%
NCC 925.50 1.45%
ITC 2,083.90 3.27%
Tata Steel 1,497.71 2.35%
Jindal Steel & Power 1,027.25 1.61%
Bajaj Finance 4,046.85 6.35%
Bharat Financial Inclusion 3,643.65 5.72%
Cholamandalam Investment & Fin Co. 715.33 1.12%
Indian Hotels Co. 1,064.00 1.67%
Sanghvi Movers 745.20 1.17%
Supreme Industries 1,023.36 1.61%
Vedanta 1,777.60 2.79%
Reliance Industries 2,372.00 3.72%
Aurobindo Pharma 887.33 1.39%
Infosys 3,071.48 4.82%
HCL Technologies 1,447.65 2.27%
Arvind 736.23 1.16%
Auto Ancillaries
Banks
Cement
Chemicals
Construction
Construction Project
Consumer Non Durables
Ferrous Metals
Finance
Hotels, Resorts And Other Recreational Activities
Industrial Capital Goods
Industrial Products
Non - Ferrous Metals
Petroleum Products
Pharmaceuticals
Software
Textile Products
Other Equity Investments 8,473.48 13.32%
Cash Equivalents
CBLO 279.99 0.44%
Net Current Assets 185.98 0.32%
Total Net Assets as on 31-Jul-2018 63,684.09 100.00%
Issuer Market Value( in Lacs)`
% to NetAssets
Dividend DeclarationRecord Date / periodof dividend declared
Dividend ( per unit)Non-Institutional
` Dividend ( per unit)Institutional
` NAV ( ) per unit(cum dividend)
`
HSBC Multi Cap Equity Fund - Dividend
HSBC - Dividend Direct Plan27-Feb-18 2.25000 2.25000 28.2124
27-Feb-18 2.25000 2.25000 31.1273
10-Nov-15 1.50000 1.50000 21.862424-Mar-17 1.50000 1.50000 25.8408
10-Nov-15 1.50000 1.50000 23.473824-Mar-17 1.50000 1.50000 28.1677
Multi Cap Equity Fund
Multi Cap Fund - An open ended equity scheme Investing across large cap, mid cap, small cap stocks.
Investment Objective: Seeks long term capital growth through investments across all market capitalisations, including small, mid and large cap stocks. Itaims to be predominantly invested in equity & equity related securities. However it could move a significant portion of its assets towards fixed income securitiesif the fund manager becomes negative on equity markets. However, there can be no assurance or guarantee that the investment objective of the schemewould be achieved.
Date of Allotment
BenchmarkNAV (Growth)(as on )
Fund ManagerSIPMinimumApplication Amount
Exit Load
Standard DeviationBeta (Slope)Sharpe Ratio**
$
@
per unit
Monthly Average AUM(In Lakhs)
31.07.18
¤Statistical Ratios
24-Feb-04
S&P BSE 200
61,997.63
Neelotpal Sahai
Available
5,000
1,000 p.m.(SIP)
16.24%
`
`
`
90.0461
1.0944
0.3152
(Lumpsum)
Investors understand that their principalwill be at Moderately High risk
Riskometer
Mod
erately Moderate
Low
Hig
h
Low
High
LOW HIGH
Moderately
This product is suitable forinvestors who are seeking*:
• To create wealth over longterm
• Invests in equity and equityrelated securities acrossmarket capitalisations
HSBC Multi Cap Equity Fund
* Investors should consult their financial advisers if in doubt aboutwhether the product is suitable for them.
In respect of each purchase /switch-in of Units, an ExitLoad of 1% is payable if Units are redeemed / switched-out within 1 year from the date of allotment.
No Exit Load will be charged if Units are redeemed/switched - out after 1 year from the date of allotment.
HSBC Small Cap Equity Fund
This product is suitable for investors who are seeking*:
�
�
�
Overnight liquidity over short term
Investment in Money Market Instruments
Low riskLOW RISK
(BLUE)
Note: Risk is represented as -
*Investors should consult their financial advisers if in doubt whether the product issuitable for them
08
FUND DETAILS
Month End Total Expenses ratios (Annualized)
Portfolio Turnover
Regular 2.26%Direct Plan 1.56%Excludes GST on Investment Management fees of 0.18% ofTotal NetAssets.
¤¤0.52
Asset Allocation
¤
¤¤
Statistical Ratios disclosed are as per monthly returns(Annualized) for the last 3 years.
6.25 ,2018
Portfolio Turnover Ratio is computed for the last 12 months.
The said Fund is managed by Neelotpal Sahai effective 11 May2018
**Risk free rate: % (FIMMDA-NSE Mibor) as on July 31)
£
@Effective from March 14, 2018 for prospective investments.
Upon payment of dividend, the NAV per unit falls to the extent of payout and statutory levy, if any. Face value: 10 per unit.`
FUND PORTFOLIO
Auto
VST Tillers Tractors 1,741.94 2.98%
Apollo Tyres 1,464.00 2.51%
City Union Bank 1,203.30 2.06%DCB Bank 1,146.95 1.97%
Deccan Cements 1,967.13 3.37%
Balaji Amines 2,667.28 4.57%Vinati Organics 2,406.66 4.12%GOCL Corporation 1,192.16 2.04%Navin Fluorine International 670.20 1.15%Galaxy Surfactants 596.35 1.02%
KNR Constructions 891.47 1.53%Ahluwalia Contracts (India) 742.28 1.27%Somany Ceramics 682.94 1.17%
NCC 925.50 1.59%Sadbhav Engineering 890.50 1.53%Kridhan Infra 636.40 1.09%
Orient Electric 1,449.50 2.48%
Kaveri Seed Company 1,985.59 3.40%Apex Frozen Foods 1,265.53 2.17%CCL Products (India) 1,245.50 2.13%
Srikalahasthi Pipes 1,374.12 2.35%Jindal Steel & Power 1,027.25 1.76%APL Apollo Tubes 810.03 1.39%
Cholamandalam Investment & Fin Co. 1,430.65 2.45%Motilal Oswal Financial Services 1,379.63 2.36%Muthoot Finance 1,011.38 1.73%Manappuram Finance 1,006.57 1.72%JM Financial 885.75 1.52%
Aegis Logistics 1,187.50 2.03%
EIH 1,138.39 1.95%
Sanghvi Movers 1,225.77 2.10%Macpower CNC Machines 634.06 1.09%
Graphite India 1,774.33 3.04%Ramkrishna Forgings 976.20 1.67%Nilkamal 695.72 1.19%KEI Industries 671.25 1.15%CMI 638.25 1.09%Jain Irrigation Systems 612.00 1.05%
Jagran Prakashan 1,162.50 1.99%
South West Pinnacle Exploration 632.39 1.08%
Hindustan Petroleum Corporation 854.40 1.46%
Kalpataru Power Transmission 842.85 1.44%
Sonata Software 1,796.93 3.08%
Auto Ancillaries
Banks
Cement
Chemicals
Construction
Construction Project
Consumer Durables
Consumer Non Durables
Ferrous Metals
Finance
Gas
Hotels, Resorts And Other Recreational Activities
Industrial Capital Goods
Industrial Products
Media & Entertainment
Oil
Petroleum Products
Power
Software
Other Equity Investments 4,948.96 8.48%
Cash Equivalents
CBLO 3,732.31 6.39%
Net Current Assets 146.76 0.29%
Total Net Assets as on 31-Jul-2018 58,367.09 100.00%
IssuerMarket Value
( in Lacs)`
% to NetAssets
Dividend DeclarationRecord Date / periodof dividend declared
Dividend ( per unit)Non-Institutional
` Dividend ( per unit)Institutional
` NAV ( ) per unit(cum dividend)
`
HSBC Small Cap Equity Fund - Dividend
30-May-18 1.77 1.77 25.4966HSBC Small Cap Equity Fund - Dividend - Direct Plan02-Nov-16 1.75 1.75 25.3345
10-Nov-15 2.50 2.50 20.183802-Nov-16 1.75 1.75 21.5706
30-May-18 1.77 1.77 30.7095
Small Cap Fund - An open ended equity scheme predominantly investing in small cap stocks.
Investment Objective: To generate long term capital growth from an actively managed portfolio of equity and equity related securities of predominantly small
cap companies. However, it could move a portion of its assets towards fixed income securities if the fund manager becomes negative on the Indian equity
markets. However, there can be no assurance or guarantee that the investment objective of the scheme would be achieved.
Date of Allotment
Benchmark
NAV (Growth)(as on )
Fund Manager
SIP
Minimum
Application Amount
Exit Load
Standard DeviationBeta (Slope)Sharpe Ratio**
per unit
Monthly Average AUM(In Lakhs)
@
31.07.18
£
¤Statistical Ratios
19-May-05
S&P BSE 250 Index
57,439.52
Available
5,000
1,000 p.m.(SIP)
21.42%
`
`
`
Small Cap
Neelotpal Sahai
(Lumpsum)
53.9268
0.9706
0.2096
Investors understand that their principalwill be at Moderately High risk
Riskometer
Mod
erately Moderate
Low
Hig
h
Low
High
LOW HIGH
Moderately
This product is suitable forinvestors who are seeking*:• To create wealth over long
term• Investment in predominantly
small cap equity and equityrelated securities
HSBC Small Cap Equity Fund
* Investors should consult their financial advisers if in doubt aboutwhether the product is suitable for them.
Auto 2.98%AutoAncillaries 2.51%Banks 4.03%Cement 3.37%Chemicals 12.90%Construction 3.97%Construction Project 4.21%Consumer Durables 2.48%Consumer Non Durables 7.70%Ferrous Metals 5.50%Finance 9.78%Gas 2.03%Hotels, ResortsAnd Other RecreationalActivities 1.95%Industrial Capital Goods 3.19%Industrial Products 9.19%Media & Entertainment 1.99%Oil 1.08%Petroleum Products 1.46%Power 1.44%Software 3.08%Other Equity Investments 8.48%Reverse Repos/CBLOs 6.39%Net CurrentAssets 0.29%Total NetAssets 100.00%
In respect of each purchase /switch-in of Units, an ExitLoad of 1% is payable if Units are redeemed / switched-out within 1 year from the date of allotment.
No Exit Load will be charged if Units are redeemed/switched - out after 1 year from the date of allotment.
HSBC Infrastructure Equity Fund
This product is suitable for investors who are seeking*:
�
�
�
Overnight liquidity over short term
Investment in Money Market Instruments
Low riskLOW RISK
(BLUE)
Note: Risk is represented as -
*Investors should consult their financial advisers if in doubt whether the product issuitable for them
09
FUND DETAILS
Date of Allotment
Benchmark
NAV (Growth)(as on )
Fund Manager
SIP
Minimum
Application Amount
Exit Load
Standard DeviationBetaSharpe Ratio**
$
@
per unit
Monthly Average AUM(In Lakhs)
(Slope)
31.07.18
£
¤Statistical Ratios
23-Feb-06
S&P BSE India Infrastructure Index
14,378.22
Gautam Bhupal
Available
5,000
1,000 p.m.(SIP)
21.97%
`
`
`
20.3391
0.9561
-0.1465
(Lumpsum)
Month End Total Expenses ratios (Annualized)
Portfolio Turnover
Regular 2.47%Direct Plan 1.77%Excludes GST on Investment Management fees of 0.26% of TotalNetAssets.
¤¤0.46
Asset Allocation
Cement 5.13%
Chemicals 3.92%
Construction 9.72%
Construction Project 14.99%
Ferrous Metals 11.07%
Finance 1.91%
Gas 1.76%
Industrial Capital Goods 10.62%
Industrial Products 13.60%
Minerals/Mining 3.86%
Non - Ferrous Metals 1.06%
Petroleum Products 7.66%
Power 4.78%
Transportation 5.59%
Other Equity Investments 3.04%
Reverse Repos/CBLOs 0.61%
Net CurrentAssets 0.68%
Total NetAssets 100.00%
¤
¤¤
Statistical Ratios disclosed are as per monthly returns(Annualized) for the last 3 years.
6.25 ,2018
Portfolio Turnover Ratio is computed for the last 12 months.
The said Fund is managed by Gautam Bhupal effective 11 May2018
**Risk free rate: % (FIMMDA-NSE Mibor) as on July 31)
£
$The benchmark was changed w.e.f. 11th November, 2016 as a
more suitable benchmark was identified which better matchedthe portfolio strategy. There has been no change to investmentmanagement of the scheme.@
Effective from March 14, 2018 for prospective investments.
Upon payment of dividend, the NAV per unit falls to the extent of payout and statutory levy, if any. Face value: 10 per unit.`
FUND PORTFOLIO
Cement
Deccan Cements 749.55 5.13%
GOCL Corporation 571.95 3.92%
KNR Constructions 460.38 3.15%
Ahluwalia Contracts (India) 401.68 2.75%
Indiabulls Real Estate 356.26 2.44%
NBCC India 201.36 1.38%
Larsen & Toubro 813.94 5.57%
Sadbhav Engineering 419.50 2.87%
Kridhan Infra 418.21 2.86%
NCC 351.69 2.41%
HG Infra Engineering 187.48 1.28%
Srikalahasthi Pipes 720.76 4.93%
Jindal Steel & Power 390.36 2.67%
Jindal Saw 287.49 1.97%
APL Apollo Tubes 218.71 1.50%
Rural Electrification Corporation 279.51 1.91%
Gujarat State Petronet 257.40 1.76%
Sanghvi Movers 770.65 5.28%
Voltamp Transformers 407.64 2.79%
Macpower CNC Machines 371.92 2.55%
KEI Industries 570.20 3.90%
Graphite India 567.78 3.89%
CMI 540.11 3.70%
Schaeffler India 308.85 2.11%
Gujarat Mineral Development Corporation 563.66 3.86%
Vedanta 155.54 1.06%
Indian Oil Corporation 606.12 4.15%
Hindustan Petroleum Corporation 513.35 3.51%
NTPC 379.38 2.60%
PTC India 319.13 2.18%
Adani Ports & Special Economic Zone 667.58 4.57%
AVG Logistics 149.35 1.02%
Chemicals
Construction
Construction Project
Ferrous Metals
Finance
Gas
Industrial Capital Goods
Industrial Products
Minerals/Mining
Non - Ferrous Metals
Petroleum Products
Power
Transportation
Other Equity Investments 443.71 3.04%
Cash Equivalents
CBLO 88.67 0.61%
Net Current Assets 98.88 0.68%
Total Net Assets as on 31-Jul-2018 14,608.77 100.00%
IssuerMarket Value
( in Lacs)`
% to NetAssets
Dividend DeclarationRecord Date / periodof dividend declared
Dividend ( per unit)Non-Institutional
` Dividend ( per unit)Institutional
` NAV ( ) per unit(cum dividend)
`
HSBC Infrastructure Equity Fund Dividend11-May-07 1.00 1.00 12.239026-May-08 1.00 1.00 13.7160
An open ended equity scheme following Infrastructure theme
Investment Objective: Seeks to generate long term capital growth from an actively managed portfolio of equity and equity related securities by investing
primarily in sectors, areas and themes that play an important role in, and/or benefit from India's progress, reform process and economic development.
However, there can be no assurance or guarantee that the investment objective of the scheme would be achieved.
Investors understand that their principalwill be at High risk
Riskometer
Mod
erately Moderate
Low
Hig
h
Low
High
LOW HIGH
Moderately
This product is suitable forinvestors who are seeking*:
• To create wealth over longterm
• Invests in equity and equityrelated securities, primarily inthemes that play an importantrole in India's economicdevelopment
HSBC Infrastructure Equity Fund
* Investors should consult their financial advisers if in doubt aboutwhether the product is suitable for them.
In respect of each purchase /switch-in of Units, an ExitLoad of 1% is payable if Units are redeemed / switched-out within 1 year from the date of allotment.
No Exit Load will be charged if Units are redeemed/switched - out after 1 year from the date of allotment.
HSBC Tax Saver Equity Fund
10
FUND DETAILS
Date of Allotment
Benchmark
NAV (Growth)(as on )
Fund Manager
SIP
Minimum
Application Amount
Exit Load
Standard Deviation
Beta (Slope)
Sharpe Ratio**
per unit
Monthly Average AUM(In Lakhs)
31.07.18
¤Statistical Ratios
05-Jan-07
S&P BSE 200
Aditya Khemani
Available
500
(Lumpsum & SIP)
Nil
15.88%
`
`
37.5392
1.0523
0.3121
16,441.62
Month End Total Expenses ratios (Annualized)
Portfolio Turnover
Regular 2.39%
Direct Plan 1.69%
Excludes GST on Investment Management fees of 0.27% of TotalNetAssets.
¤¤0.49
Asset Allocation
Auto 8.95%AutoAncillaries 3.04%Banks 29.79%Cement 5.76%Chemicals 1.37%Construction 2.38%Construction Project 2.91%Consumer Durables 2.64%Consumer Non Durables 7.38%Finance 4.27%Gas 1.48%Hotels,Resorts and Other RecreationalActivities 2.15%Industrial Products 4.38%Non - Ferrous Metals 3.86%Petroleum Products 2.05%Pharmaceuticals 2.52%Software 4.50%Telecom - Services 1.86%Textile Products 1.17%Textiles - Cotton 1.21%Transportation 2.88%Other Equity Investments 1.03%Reverse Repos/CBLOs 2.27%Net CurrentAssets 0.15%Total NetAssets 100.00%
¤
¤¤
Statistical Ratios disclosed are as per monthly returns(Annualized) for the last 3 years.
6.25 ,2018
Portfolio Turnover Ratio is computed for the last 12 months.
**Risk free rate: % (FIMMDA-NSE Mibor) as on July 31)
Upon payment of dividend, the NAV per unit falls to the extent of payout and statutory levy, if any. Face value: 10 per unit.`
FUND PORTFOLIO
Auto
Maruti Suzuki India 826.67 4.85%
Mahindra & Mahindra 421.18 2.47%
Tata Motors 277.98 1.63%
MRF 266.29 1.56%
Exide Industries 251.78 1.48%
ICICI Bank 1,638.23 9.62%
HDFC Bank 1,503.86 8.83%
IndusInd Bank 1,057.43 6.21%
Federal Bank 526.99 3.09%
Axis Bank 346.75 2.04%
NCL Industries 524.95 3.08%
OCL India 455.61 2.68%
Galaxy Surfactants 232.58 1.37%
Somany Ceramics 405.50 2.38%
Larsen & Toubro 494.87 2.91%
Crompton Greaves Consumer Electrical 449.74 2.64%
ITC 568.30 3.34%
Glaxosmithkline Consumer Healthcare 415.05 2.44%
Heritage Foods 273.20 1.60%
Cholamandalam Investment & Fin Co. 457.81 2.69%
JM Financial 269.08 1.58%
Petronet LNG 252.07 1.48%
Indian Hotels Co. 365.75 2.15%
Nilkamal 422.18 2.48%
Finolex Cables 323.45 1.90%
Vedanta 657.71 3.86%
Reliance Industries 349.87 2.05%
Sun Pharmaceutical Industries 254.12 1.49%
Torrent Pharmaceuticals 175.79 1.03%
Infosys 766.11 4.50%
Bharti Airtel 316.39 1.86%
Indian Terrain Fashions 198.85 1.17%
Indo Count Industries 205.51 1.21%
Adani Ports & Special Economic Zone 271.83 1.60%
Interglobe Aviation 218.48 1.28%
Auto Ancillaries
Banks
Cement
Chemicals
Construction
Construction Project
Consumer Durables
Consumer Non Durables
Finance
Gas
Hotels, Resorts And Other Recreational Activities
Industrial Products
Non - Ferrous Metals
Petroleum Products
Pharmaceuticals
Software
Telecom - Services
Textile Products
Textiles - Cotton
Transportation
Other Equity Investments 174.64 1.03%
Cash Equivalents
CBLO 386.36 2.27%
Net Current Assets 27.85 0.15%
Total Net Assets as on 31-Jul-2018 17,030.78 100.00%
IssuerMarket Value
( in Lacs)`
% to NetAssets
Dividend DeclarationRecord Date / periodof dividend declared
Dividend ( per unit)Non-Institutional
` Dividend ( per unit)Institutional
` NAV ( ) per unit(cum dividend)
`
HSBC Tax Saver Equity Fund Dividend
HSBC Tax Saver Equity Fund Dividend Direct30-Jan-18 2.50000 2.50000 26.4229
30-Jan-18 2.50000 2.50000 27.6259
23-Mar-16 1.50000 1.50000 19.467524-Mar-17 1.50000 1.50000 23.1073
23-Mar-16 1.50000 1.50000 19.995024-Mar-17 1.50000 1.50000 23.9550
An Open Ended Equity Linked Savings Scheme with a statutory lock - in of 3 years and tax benefit.
Investment Objective:Aims to provide long term capital appreciation by investing in a diversified portfolio of equity & equity related instruments of companies
across various sectors and industries, with no capitalisation bias. The Fund may also invest in fixed income securities. However, there can be no assurance or
guarantee that the investment objective of the scheme would be achieved.
Investors understand that their principalwill be at Moderately High risk
Riskometer
Mod
erately Moderate
Low
Hig
h
Low
High
LOW HIGH
Moderately
This product is suitable forinvestors who are seeking*:• To create wealth over long
term• Invests in equity and equity
related securities with nomarket capitilastion bias
HSBC Tax Saver Equity Fund
* Investors should consult their financial advisers if in doubt aboutwhether the product is suitable for them.
HSBC Dynamic Asset Allocation Fund
11
FUND DETAILS
Date of Allotment
Benchmark
NAV (Growth)(as on )
Fund Managers
SIP
Minimum
Application Amount
Exit Load
Standard DeviationBeta (Slope)Sharpe Ratio**
per unit
Monthly Average AUM(In Lakhs)
@
31.07.18
¤Statistical Ratios
24-Sep-07
S&P BSE 200
Neelotpal Sahai
(for Equity portion)
Sanjay Shah
(for Fixed Income portion)
Available
5,000
1,000 p.m.(SIP)
`
`
`
12.42%
18.7980
0.8474
0.3298
4,420.28
(Lumpsum)
Month End Total Expenses ratios (Annualized)
Portfolio Turnover
Regular 2.52%Direct Plan 1.82%Excludes GST on Investment Management fees of 0.33% of TotalNetAssets.
¤¤0.49
Asset Allocation
Auto 8.73%
Banks 31.03%
Cement 2.62%
Construction Project 4.59%
Consumer Non Durables 9.12%
Finance 3.43%
Hotels,Resorts and Other RecreationalActivities 2.05%
Non - Ferrous Metals 2.94%
Petroleum Products 9.14%
Pharmaceuticals 4.55%
Power 2.90%
Software 10.75%
Telecom - Services 1.38%
Transportation 1.94%
Reverse Repos/CBLOs 5.37%
Net CurrentAssets -0.54%
Total NetAssets 100.00%
¤
¤¤
Statistical Ratios disclosed are as per monthly returns(Annualized) for the last 3 years.
6.25 ,2018
Portfolio Turnover Ratio is computed for the last 12 months.
**Risk free rate: % (FIMMDA-NSE Mibor) as on July 31)
@Effective from March 14, 2018 for prospective investments.
FUND PORTFOLIO
IssuerMarket Value
( in Lacs)`
% to NetAssets
An open ended Dynamic Asset Allocation Fund.
Investment Objective: To provide long term capital appreciation by allocating funds in equity and equity related instruments. It also has the
flexibility to move, entirely if required, into debt instruments in times that the view on equity markets seems negative. However, there can be no
assurance or guarantee that the investment objective of the scheme would be achieved.
Auto
Maruti Suzuki India 209.45 4.61%
Mahindra & Mahindra 187.19 4.12%
HDFC Bank 435.90 9.60%
ICICI Bank 258.61 5.70%
Kotak Mahindra Bank 248.30 5.47%
IndusInd Bank 199.52 4.39%
Yes Bank 183.98 4.05%
Axis Bank 82.56 1.82%
Shree Cement 119.13 2.62%
Larsen & Toubro 208.37 4.59%
ITC 297.70 6.56%
Asian Paints 116.11 2.56%
Indiabulls Housing Finance 155.65 3.43%
Indian Hotels Co. 93.10 2.05%
Vedanta 133.32 2.94%
Reliance Industries 415.10 9.14%
Aurobindo Pharma 103.52 2.28%
Lupin 103.05 2.27%
NTPC 131.62 2.90%
Infosys 313.97 6.92%
HCL Technologies 173.72 3.83%
Bharti Airtel 62.50 1.38%
Adani Ports & Special Economic Zone 87.95 1.94%
Banks
Cement
Construction Project
Consumer Non Durables
Finance
Hotels, Resorts And Other Recreational Activities
Non - Ferrous Metals
Petroleum Products
Pharmaceuticals
Power
Software
Telecom - Services
Transportation
Cash Equivalents
CBLO 243.90 5.37%
Net Current Assets -24.15 -0.54%
Total Net Assets as on 31-Jul-2018 4,540.05 100.00%
Investors understand that their principalwill be at Moderately High risk
Riskometer
Mod
erately Moderate
Low
Hig
h
Low
High
LOW HIGH
Moderately
This product is suitable forinvestors who are seeking*:
• To create wealth over longterm
• Invests in equity and equityrelated securities and in debtinstruments when view onequity markets is negative
HSBC Dynamic Asset Allocation Fund
* Investors should consult their financial advisers if in doubt aboutwhether the product is suitable for them.
In respect of each purchase /switch-in of Units, an ExitLoad of 1% is payable if Units are redeemed / switched-out within 1 year from the date of allotment.
No Exit Load will be charged if Units are redeemed/switched - out after 1 year from the date of allotment.
HSBC Global Emerging Markets Fund
This product is suitable for investors who are seeking*:
�
�
�
Overnight liquidity over short term
Investment in Money Market Instruments
Low riskLOW RISK
(BLUE)
Note: Risk is represented as -
*Investors should consult their financial advisers if in doubt whether the product issuitable for them
12
FUND DETAILS
Month End Total Expenses ratios (Annualized)
Regular 2.54%
Direct Plan 1.84%
(inclusive of underlying scheme's expenses)Excludes GST on Investment Management fees of 0.12% of TotalNetAssets.
Asset Allocation
Overseas Mutual Fund 97.19%
Reverse Repos/CBLOs 1.45%
Net CurrentAssets 1.36%
Total NetAssets 100.00%
¤Statistical Ratios disclosed are as per monthly returns
(Annualized) for the last 3 years.
6.25 ,2018**Risk free rate: % (FIMMDA-NSE Mibor) as on July 31
)
@Effective from March 14, 2018 for prospective investments.
Upon payment of dividend, the NAV per unit falls to the extent of payout and statutory levy, if any. Face value: 10 per unit.`
FUND PORTFOLIO
Overseas Mutual Fund
Cash Equivalents
CBLO 13.09 1.45%
Net Current Assets 12.34 1.36%
Total Net Assets as on 31-Jul-2018 904.15 100.00%
HSBC GIF Glob Emerg Mkts Eq S1 Dis 878.72 97.19%
IssuerMarket Value
( in Lacs)`
% to NetAssets
An open ended fund of fund scheme investing in HSBC Global Investment Funds - Global Emerging Markets Equity Fund.
Investment Objective: The primary investment objective of the Scheme is to provide long term capital appreciation by investing predominantly in units/shares
of HSBC Global Investment Funds - Global Emerging Markets Equity Fund. The Scheme may also invest a certain proportion of its corpus in money market
instruments and / or units of liquid mutual fund schemes, in order to meet liquidity requirements from time to time. However, there can be no assurance or
guarantee that the investment objective of the scheme would be achieved.
Date of Allotment
Benchmark
NAV (Growth)(as on )
Fund Manager
SIP
Minimum
Application Amount
Exit Load
Standard DeviationBeta (Slope)Sharpe Ratio**
per unit
Monthly Average AUM(In Lakhs)
@
31.07.18
¤Statistical Ratios
17-Mar-08
MSCI Emerging Markets Index
885.42
Ranjithgopal K A (Dedicatedfund manager for overseas
investments)
Available
5,000
1,000 p.m.(SIP)
13.16%
`
`
`
14.2741
0.0857
0.3674
(Lumpsum)
Dividend Declaration
Record Date / periodof dividend declared
Dividend ( per unit)Non-Institutional
` Dividend ( per unit)Institutional
` NAV ( ) per unit(cum dividend)
`
HSBC - Global Emerging Markets Fund - Dividend
HSBC - Global Emerging Markets Fund - Dividend - Direct Plan27-Jun-14 0.50000 0.50000 11.5335
27-Jun-14 0.50000 0.50000 11.6656
Investors understand that their principalwill be at High risk
Riskometer
Mod
erately Moderate
Low
Hig
h
Low
High
LOW HIGH
Moderately
This product is suitable forinvestors who are seeking*:
• To create wealth over long term
• Investment predominantly inunits of HSBC Global InvestmentFunds - Global EmergingMarkets Equity Fund
HSBC Global Emerging Markets Fund
* Investors should consult their financial advisers if in doubt aboutwhether the product is suitable for them.
In respect of each purchase /switch-in of Units, an ExitLoad of 1% is payable if Units are redeemed / switched-out within 1 year from the date of allotment.
No Exit Load will be charged if Units are redeemed/switched - out after 1 year from the date of allotment.
HSBC Asia Pacific (Ex Japan)Dividend Yield Fund
This product is suitable for investors who are seeking*:
�
�
�
Overnight liquidity over short term
Investment in Money Market Instruments
Low riskLOW RISK
(BLUE)
Note: Risk is represented as -
*Investors should consult their financial advisers if in doubt whether the product issuitable for them
13
FUND DETAILS
Month End Total Expenses ratios (Annualized)
Regular 2.27%
Direct Plan 1.57%
(inclusive of underlying scheme's expenses)
Excludes GST on Investment Management fees of 0.05% of TotalNetAssets.
Asset Allocation
Overseas Mutual Fund 97.02%
Reverse Repos/CBLOs 2.40%
Net CurrentAssets 0.58%
Total NetAssets 100.00%
FUND PORTFOLIO
Overseas Mutual Fund
Cash Equivalents
CBLO 16.07 2.40%
Net Current Assets 3.82 0.58%
Total Net Assets as on 31-Jul-2018 668.53 100.00%
HSBC GIF Asia Pacific Ex Japan Eq HD-S9D 648.64 97.02%
IssuerMarket Value
( in Lacs)`
% to NetAssets
An Open Ended Fund of Funds Scheme investing in HSBC Global Investments Fund - Asia Pacific Ex Japan Equity High Dividend Fund.
Investment Objective: The primary investment objective of the Scheme is to provide long term capital appreciation by investing predominantly in units of HSBC
Global Investment Funds (HGIF) Asia Pacific Ex Japan Equity High Dividend Fund (HEHDF). The Scheme may also invest a certain proportion of its corpus in
money market instruments and / or units of liquid mutual fund schemes, in order to meet liquidity requirements from time to time. However, there is no assurance
that the investment objective of the Scheme will be achieved.
Date of AllotmentBenchmark
NAV (Growth)(as on )
Fund Manager
SIPMinimumApplication Amount
Exit Load
per unit
Monthly Average AUM(In Lakhs)
@
31.07.18
¤
Standard Deviation
Beta (Slope)
Sharpe Ratio**
Statistical Ratios
24-Feb-14MSCI AC Asia Pacific ex Japan
Ranjithgopal K A (for overseasinvestments), Sanjay Shah (for
investments in Indian Market)Available
5,000
1,000 p.m.(SIP)
703.70
`
`
`
(Lumpsum)
11.28%
14.1409
0.0770
0.4750
Investors understand that their principalwill be at High risk
RiskometerRiskometer
Mod
erately
Mod
erately ModerateModerate
Low
Low
Hig
hH
igh
Low
Low
HighHigh
LOWLOW HIGHHIGH
Moderately
Moderately
This product is suitable forinvestors who are seeking*:
• To create wealth over longterm
• Investment in equity and equityrelated securities of Asia Pacificcountries (excluding Japan)through fund of funds route
HSBC Asia Pacific (Ex Japan)Dividend Yield Fund
* Investors should consult their financial advisers if in doubt aboutwhether the product is suitable for them.
¤Statistical Ratios disclosed are as per monthly returns
(Annualized) for the last 3 years.
6.25 ,2018**Risk free rate: % (FIMMDA-NSE Mibor) as on July 31
)
Effective from March 14, 2018 for prospective investments.@
In respect of each purchase /switch-in of Units, an ExitLoad of 1% is payable if Units are redeemed / switched-out within 1 year from the date of allotment.
No Exit Load will be charged if Units are redeemed/switched - out after 1 year from the date of allotment.
HSBC Brazil Fund
This product is suitable for investors who are seeking*:
�
�
�
Overnight liquidity over short term
Investment in Money Market Instruments
Low riskLOW RISK
(BLUE)
Note: Risk is represented as -
*Investors should consult their financial advisers if in doubt whether the product issuitable for them
14
FUND DETAILS
Month End Total Expenses ratios (Annualized)
Regular 2.52%
Direct Plan 1.82%
(inclusive of underlying scheme's expenses)Excludes GST on Investment Management fees of 0.18% of TotalNetAssets.
Asset Allocation
Overseas Mutual Fund 95.38%
Reverse Repos/CBLOs 2.70%
Net CurrentAssets 1.92%
Total NetAssets 100.00%
¤Statistical Ratios disclosed are as per monthly returns
(Annualized) for the last 3 years.
6.25 ,2018**Risk free rate: % (FIMMDA-NSE Mibor) as on July 31
)
@Effective from March 14, 2018 for prospective investments.
FUND PORTFOLIO
Overseas Mutual Fund
Cash Equivalents
CBLO 58.12 2.70%
Net Current Assets 41.32 1.92%
Total Net Assets as on 31-Jul-2018 2,152.20 100.00%
HSBC GIF Brazil Equity S3D 2,052.76 95.38%
IssuerMarket Value
( in Lacs)`
% to NetAssets
An Open-Ended Fund of Funds Scheme investing in HSBC Global Investments Fund - Brazil Equity Fund.
Investment Objective: The primary investment objective of the Scheme is to provide long term capital appreciation by investing predominantly in units/shares
of HSBC Global Investment Funds (HGIF) Brazil Equity Fund. The Scheme may, at the discretion of the Investment Manager, also invest in the units of other
similar overseas mutual fund schemes, which may constitute a significant part of its corpus. The Scheme may also invest a certain proportion of its corpus in
money market instruments and/or units of liquid mutual fund schemes, in order to meet liquidity requirements from time to time. However, there can be no
assurance or guarantee that the investment objective of the scheme would be achieved.
Date of Allotment
Benchmark
NAV (Growth)(as on )
Fund Manager
SIP
Minimum
Application Amount
Exit Load
Standard Deviation
Beta (Slope)
Sharpe Ratio**
per unit
Monthly Average AUM(In Lakhs)
@
31.07.18
¤Statistical Ratios
06-May-11
MSCI Brazil 10/40 Index
7.2862
2,065.25
Ranjithgopal K A (Dedicatedfund manager for overseas
investments)
Available
5,000
1,000 p.m.(SIP)
32.55%
`
`
`
(Lumpsum)
0.0800
0.2640
Investors understand that their principalwill be at High risk
Riskometer
Mod
erately Moderate
Low
Hig
h
Low
High
LOW HIGH
Moderately
This product is suitable forinvestors who are seeking*:
• To create wealth over longterm
• Invests in equity and equityrelated securities throughfeeder route in Brazilianmarkets
HSBC Brazil Fund
* Investors should consult their financial advisers if in doubt aboutwhether the product is suitable for them.
In respect of each purchase /switch-in of Units, an ExitLoad of 1% is payable if Units are redeemed / switched-out within 1 year from the date of allotment.
No Exit Load will be charged if Units are redeemed/switched - out after 1 year from the date of allotment.
HSBC Managed Solutions India - Growth
This product is suitable for investors who are seeking*:
�
�
�
Overnight liquidity over short term
Investment in Money Market Instruments
Low riskLOW RISK
(BLUE)
Note: Risk is represented as -
*Investors should consult their financial advisers if in doubt whether the product issuitable for them
15
FUND DETAILS
Month End Total Expenses ratios (Annualized)
Regular 2.12%
Direct Plan 1.85%
(inclusive of underlying scheme's expenses)
Excludes GST on Investment Management fees of 0.00% of TotalNetAssets and of 0.20% on the underlying scheme's in which thefund of fund invests.
Asset Allocation
Mutual Fund 99.70%
Reverse Repos/CBLOs 1.96%
Net CurrentAssets -1.66%
Total NetAssets 100.00%
FUND PORTFOLIO
Mutual Fund
Cash Equivalents
CBLO 313.50 1.96%
Net Current Assets -267.15 -1.66%
Total Net Assets as on 31-Jul-2018 15,958.72 100.00%
HSBC Large Cap Equity Fund - Growth Direct 9,627.88 60.33%
HSBC Small Cap Equity Fund - Growth Direct 3,202.76 20.07%
HSBC Short Duration Fund - Growth Direct 1,433.72 8.98%
HSBC Flexi Debt Fund Growth Direct 847.82 5.31%
HSBC Debt Fund Growth Direct 800.20 5.01%
IssuerMarket Value
( in Lacs)`
% to NetAssets
An Open Ended Fund of Funds Scheme (Overseas/Domestic)
Investment Objective: The objective of the Plan is to provide long term total return primarily by seeking capital appreciation through an active asset allocation
with diversification commensurate with the risk profile of investments by investing in a basket of debt, equity, gold exchange traded funds (ETFs) and other
ETFs, units of offshore mutual funds and money market instruments. However, there can be no assurance or guarantee that the investment objective of the
scheme would be achieved.
Date of Allotment
Benchmark
NAV (Growth)(as on )
Fund Managers
SIP
Minimum
Application Amount
Exit Load
per unit
Monthly Average AUM
(In Lakhs)
@
31.07.18
¤
Standard Deviation
Beta (Slope)
Sharpe Ratio**
Statistical Ratios
30-Apr-14Composite Index constituting80% of S&P BSE 200 Index
and 20% of CRISILBond Index
15,937.67
Available
5,000
1,000 p.m.(SIP)
Composite
`
`
`
18.0268
0.0800
0.4360
(Lumpsum)
12.05%
Investors understand that their principalwill be at Moderately High risk
Riskometer
M
oderately Moderate
Low
Hig
h
Low
High
LOW HIGH
Moderately
This product is suitable forinvestors who are seeking*:
• To create wealth over long term
• Investing predominantly in unitsof equity mutual funds as well asin a basket of debt mutual funds,gold & exchange traded funds,offshore mutual funds andmoney market instruments.
HSBC Managed Solutions India - Growth
* Investors should consult their financial advisers if in doubt aboutwhether the product is suitable for them.
¤Statistical Ratios disclosed are as per monthly returns
(Annualized) for the last 3 years.
6.25 ,2018**Risk free rate: % (FIMMDA-NSE Mibor) as on July 31
)
Effective from March 14, 2018 for prospective investments.@
In respect of each purchase /switch-in of Units, an ExitLoad of 1% is payable if Units are redeemed / switched-out within 1 year from the date of allotment.
No Exit Load will be charged if Units are redeemed/switched - out after 1 year from the date of allotment.
Ranjithgopal KA (Dedicated Fund Manager forinvestments in foreign securities)Gautam Bhupal (For managing investments in IndianMarket – Equity Portion)Sanjay Shah (For managing investments in IndianMarket – Fixed Income Portion)
HSBC Managed Solutions India - Moderate
This product is suitable for investors who are seeking*:
�
�
�
Overnight liquidity over short term
Investment in Money Market Instruments
Low riskLOW RISK
(BLUE)
Note: Risk is represented as -
*Investors should consult their financial advisers if in doubt whether the product issuitable for them
16
FUND DETAILS
Month End Total Expenses ratios (Annualized)
Regular 2.03%
Direct Plan 1.78%
(inclusive of underlying scheme's expenses)Excludes GST on Investment Management fees of 0.00% of TotalNetAssets and of 0.18% on the underlying scheme's in which thefund of fund invests.
Asset Allocation
Mutual Fund 99.45%
Reverse Repos/CBLOs 0.93%
Net CurrentAssets -0.38%
Total NetAssets 100.00%
FUND PORTFOLIO
Mutual Fund
Cash Equivalents
CBLO 259.93 0.93%
Net Current Assets -105.62 -0.38%
Total Net Assets as on 31-Jul-2018 28,003.57 100.00%
HSBC Large Cap Equity Fund - Growth Direct 13,718.69 48.99%
HSBC Small Cap Equity Fund - Growth Direct 4,468.21 15.96%
HSBC Short Duration Fund - Growth Direct 4,378.65 15.64%
HSBC Flexi Debt Fund Growth Direct 3,417.51 12.20%
IDFC Dynamic Bond Fund-Direct PL-Growth 1,036.10 3.70%
HSBC Debt Fund - Growth Direct 830.11 2.96%
IssuerMarket Value
( in Lacs)`
% to NetAssets
An Open Ended Fund of Funds Scheme (Overseas/Domestic)
Investment Objective: The objective of the fund is to provide long term total return aimed at capital appreciation and providing income through an active asset
allocation with diversification commensurate with the risk profile of investments by investing in a basket of debt, equity, gold ETFs and other ETFs, units of
offshore mutual funds and money market instruments. However, there can be no assurance or guarantee that the investment objective of the scheme would be
achieved.
Date of Allotment
Benchmark
NAV (Growth)(as on )
Fund Managers
SIP
Minimum
Application Amount
Exit Load
per unit
Monthly Average AUM
(In Lakhs)
@
31.07.18
¤
Standard Deviation
Beta (Slope)
Sharpe Ratio**
Statistical Ratios
30-Apr-14
Aggressive Index (renamed fromexisting CRISIL Balanced Fund
Aggressive Index)
27,432.66
Available
5,000
1,000 p.m.(SIP)
`
`
`
CRISIL Hybrid 35+65 -
(Lumpsum)
11.35%
17.0040
0.0900
0.4170
Investors understand that their principalwill be at Moderately High risk
Riskometer
Mod
erately Moderate
Low
Hig
h
Low
High
LOW HIGH
Moderately
This product is suitable forinvestors who are seeking*:
• To create wealth and provideincome over the long term
• Investments in a basket of debtmutual funds, equity mutualfunds, gold & exchange tradedfunds, offshore mutual fundsand money market instruments.
HSBC Managed Solutions India - Moderate
* Investors should consult their financial advisers if in doubt aboutwhether the product is suitable for them.
¤Statistical Ratios disclosed are as per monthly returns
(Annualized) for the last 3 years.
6.25 ,2018**Risk free rate: % (FIMMDA-NSE Mibor) as on July 31
)
Effective from March 14, 2018 for prospective investments.@
In respect of each purchase /switch-in of Units, an ExitLoad of 1% is payable if Units are redeemed / switched-out within 1 year from the date of allotment.
No Exit Load will be charged if Units are redeemed/switched - out after 1 year from the date of allotment.
Ranjithgopal KA (Dedicated Fund Manager forinvestments in foreign securities)Gautam Bhupal (For managing investments in IndianMarket – Equity Portion)Sanjay Shah (For managing investments in IndianMarket – Fixed Income Portion)
HSBC Managed Solutions India - Conservative
This product is suitable for investors who are seeking*:
�
�
�
Overnight liquidity over short term
Investment in Money Market Instruments
Low riskLOW RISK
(BLUE)
Note: Risk is represented as -
*Investors should consult their financial advisers if in doubt whether the product issuitable for them
17
FUND DETAILS
Month End Total Expenses ratios (Annualized)
Regular 1.60%
Direct Plan 1.35%
(inclusive of underlying scheme's expenses)Excludes GST on Investment Management fees of 0.04% of TotalNet Assets and of 0.10% on the underlying scheme's in which thefund of fund invests.
Asset Allocation
Mutual Fund 99.71%
Reverse Repos/CBLOs 0.76%
Net CurrentAssets -0.47%
Total NetAssets 100.00%
FUND PORTFOLIO
Mutual Fund
Cash Equivalents
CBLO 200.90 0.76%
Net Current Assets -126.94 -0.47%
Total Net Assets as on 31-Jul-2018 26,406.47 100.00%
HSBC Short Duration Fund - Growth Direct 11,589.30 43.89%
L&T Triple Ace Bond Fund Direct Growth 3,943.00 14.93%
IDFC Dynamic Bond Fund-Direct PL-Growth 3,813.99 14.44%
HSBC Flexi Debt Fund Growth Direct 3,417.39 12.94%
HSBC Large Cap Equity Fund - Growth Direct 2,735.98 10.36%
HSBC Debt Fund - Growth Direct 832.85 3.15%
IssuerMarket Value
( in Lacs)`
% to NetAssets
An Open Ended Fund of Funds Scheme (Overseas/Domestic)
Investment Objective: The objective of the Plan is to provide long term total return aimed at providing income through an active asset allocation with
diversification commensurate with the risk profile of investments by investing in a basket of debt, equity, gold ETFs and other ETFs and money market
instruments. However, there can be no assurance or guarantee that the investment objective of the scheme would be achieved.
Date of Allotment
Benchmark
NAV (Growth)(as on )
Fund Managers
SIP
Minimum
Application Amount
Exit Load
per unit
Monthly Average AUM(In Lakhs)
@
31.07.18
¤
Standard DeviationBeta (Slope)Sharpe Ratio**
Statistical Ratios
30-Apr-14
Composite Index constitutingof 90% into CRISIL Composite
Bond Index and 10% of S&PBSE 200 Index
Available
5,000
1,000 p.m.(SIP)
`
26,649.23
`
`
14.1036
0.0700
0.0950
(Lumpsum)
3.14%
This product is suitable forinvestors who are seeking*:• To create wealth over long term• Investing predominantly in
units of debt mutual funds aswell as in a basket of equitymutual funds, gold & otherexchange traded funds andmoney market instruments.
Investors understand that their principalwill be at Moderate risk
Riskometer
Mod
erately Moderate
Low
Hig
h
Low
High
LOW HIGH
Moderately
HSBC Managed Solutions India - Conservative
* Investors should consult their financial advisers if in doubt aboutwhether the product is suitable for them.
¤Statistical Ratios disclosed are as per monthly returns
(Annualized) for the last 3 years.
6.25 ,2018**Risk free rate: % (FIMMDA-NSE Mibor) as on July 31
)
Effective from March 14, 2018 for prospective investments.@
In respect of each purchase /switch-in of Units, an ExitLoad of 1% is payable if Units are redeemed / switched-out within 1 year from the date of allotment.
No Exit Load will be charged if Units are redeemed/switched - out after 1 year from the date of allotment.
Ranjithgopal KA (Dedicated Fund Manager forinvestments in foreign securities)Gautam Bhupal (For managing investments in IndianMarket – Equity Portion)Sanjay Shah (For managing investments in IndianMarket – Fixed Income Portion)
HSBC Global Consumer Opportunities Fund - Benefiting from China’sGrowing Consumption Power
18
FUND DETAILS
Month End Total Expenses ratios (Annualized)
Regular 2.33%
Direct Plan 1.63%
(inclusive of underlying scheme's expenses)Excludes GST on Investment Management fees of 0.05% of TotalNetAssets.
Asset Allocation
Overseas Mutual Fund 96.85%
Reverse Repos/CBLOs 2.65%
Net CurrentAssets 0.50%
Total NetAssets 100.00%
FUND PORTFOLIO
Overseas Mutual Fund
Cash Equivalents
CBLO 11.00 2.65%
Net Current Assets 2.10 0.50%
Total Net Assets as on 31-Jul-2018 415.46 100.00%
HSBC GIF-China Consumer Opp S5 Cap 402.35 96.85%
IssuerMarket Value
( in Lacs)`
% to NetAssets
An Open-Ended Fund of Funds Scheme investing in HSBC Global Investments Fund - China Consumer Opportunities Fund.
Investment Objective: The primary investment objective of the scheme is to provide long term capital appreciation by investing predominantly in units of
HSBC Global Investment Funds (HGIF) China Consumer Opportunities Fund (Underlying scheme). The Scheme may, also invest a certain proportion of its
corpus in money market instruments and / or units of liquid mutual fund schemes, in order to meet liquidity requirements from time to time. However, there can be
no assurance or guarantee that the investment objective of the scheme would be achieved.
Date of Allotment
Benchmark
NAV (Growth)(as on )
Fund Managers
SIP
Minimum
Application Amount
Exit Load
per unit
Monthly Average AUM(In Lakhs)
@
31.07.18
¤
Standard Deviation
Beta (Slope)
Sharpe Ratio**
Statistical Ratios
23-Feb-15
MSCI AC World Index
Ranjithgopal K A (DedicatedFund Manager) & Sanjay Shah
(for investments in IndianMarket)
Available
,000
1,000 p.m.(SIP)
`
`
5
`
418.00
(Lumpsum)
11.03%
13.2164
0.0740
0.3480
Investors understand that their principalwill be at High risk
Riskometer
M
oderately Moderate
Low
Hig
h
Low
High
LOW HIGH
Moderately
This product is suitable forinvestors who are seeking*:• To create wealth over long term• Investment in equity and equity
related securities around theworld focusing on growingconsumer behaviour of Chinathrough feeder route
HSBC Global Consumer Opportunities Fund - Benefiting fromChina’s Growing Consumption Power
* Investors should consult their financial advisers if in doubt aboutwhether the product is suitable for them.
¤Statistical Ratios disclosed are as per monthly returns
(Annualized) for the last 3 years.
6.25 ,2018**Risk free rate: % (FIMMDA-NSE Mibor) as on July 31
)
Effective from March 14, 2018 for prospective investments.@
In respect of each purchase /switch-in of Units, an ExitLoad of 1% is payable if Units are redeemed / switched-out within 1 year from the date of allotment.
No Exit Load will be charged if Units are redeemed/switched - out after 1 year from the date of allotment.
19
HSBC Large Cap Equity Fund
HSBC Multi Cap Equity Fund
HSBC Small Cap Equity Fund
HSBC Infrastructure Equity Fund
HSBC Tax Saver Equity Fund
HSBC Dynamic Asset Allocation Fund
HSBC Global Emerging Markets Fund
HSBC Brazil Fund
HSBC Asia Pacific (Ex Japan) Dividend Yield Fund
HSBC Managed Solutions
HSBC Global Consumer Opportunities Fund -Benefiting from China’s Growing Consumption Power
Neelotpal Sahai (from 27 May 2013)
Neelotpal Sahai (from 27 May 2013)
Neelotpal Sahai (from 11 May 2018)
Gautam Bhupal (from 11 May 2018)
Aditya Khemani (from 24 February 2009)
For Equity portion: Neelotpal Sahai (from 27 May 2013) &For Debt portion: Sanjay Shah (from 14 August 2009)
Ranjithgopal K A (from 27 February 2017)
Ranjithgopal K A (from 27 February 2017)
For overseas investments: &For investment in Indian markets: Sanjay Shah (from 24 February 2014)
Ranjithgopal K A (from 27 February 2017)
For overseas investment : ,For Investments in Indian Market - Equity Portion :
& For Investments in Indian Market - Debt Portion :Sanjay Shah (30 April 2015)
Gautam Bhupal(from 21 October 2015)
Ranjithgopal K A (from 27 February 2017)
For Overseas Market :For Investments in Indian Market - Debt Portion : Sanjay Shah(from 13 February 2015)
Ranjithgopal K A (from 27 February 2017)
Name of Scheme Fund Manager
Fund Manager’s Experience
Gautam Bhupal
Vice President & Fund Manager Equities
Post Graduate Diploma in Business Management, CA, CS, B.Com (Hons)
Over 14 years of experience in areas of research and Fund Management.
HSBC Asset Management (India) Private Limited
Vice President & Fund Manager, since October 2015 till date.
Fund Manager for PMS Portfolios from July 2008 till June 2015.
UTI Asset Management Company
Equity Research Analyst from May 2004 till June 2008.
Experience:
�
�
Vice President - Investment Management, from June 2015 to October 2015.
Fund Managers - Equity
20
Neelotpal Sahai
Senior Vice President & Head - Equities
B.Tech, PGDM (IIM Kolkata)
Over 23 years of experience in Research and Fund Management.
HSBC Asset Management (India) Private Ltd
Senior Fund Manager – Equities from April 2013 onwards.
IDFC Asset Management Company Ltd.
Director from February 2006 to April 2013
Motilal Oswal Securities Ltd
Senior Research Analyst from March 2005 to January 2006
Infosys Ltd
Senior Project Manager from June 1999 to March 2005
Vickers Ballas Securities Ltd
Analyst from September 1998 to June 1999
SBC Warburg
Analyst from May 1997 to May 1998
UTI Securities Ltd
Equity Analyst from June 1995 to May 1997
Experience:
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Aditya Khemani
Vice President & Fund Manager - Equities
B.Com. (Hons.), Post Graduate Diploma in Business Management
Over 13 years experience in research.
HSBC Asset Management (India) Private Ltd
Vice President & Fund Manager (Equity), from April 2012 to present,
Assistant Fund Manager, Equities from February 2009 to March 2012;
Associate Vice President - Investment Management from October 2007 to February 2009.
SBI Funds Management India Private Ltd
Senior Manager - Equity Research from March 2007 to September 2007
Prudential ICICI Asset Management Company India Private Ltd
Assistant Manager - Equity Research from December 2005 to February 2007
Morgan Stanley Advantage Services India Private Ltd
Research Associate from May 2005 to November 2005
Experience:
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Ranjithgopal K A
Vice President - Equities from March 2016 onwards
Associate Vice President - Investment Management (Analyst) from January 2012 to February 2016
Associate Vice President - Institutional Sales from April 2009 to December 2011
Associate Vice President - Sales & Distribution from May 2006 to April 2009
Vice President - Equities
PGDBM, BA - Economics
Over 12 years of experience in Equity Research & Sales
HSBC Asset Management (India) Private Ltd
Experience:
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Fund Managers - Equity
21
Funds Managed by Neelotpal Sahai.(Total Schemes Managed 4)
Funds Managed by Neelotpal Sahai.(Total Schemes Managed 4)
HSBC Large Cap Equity Fund#
Date of Inception : 10 Dec 02
Scheme Name & Benchmarks 1 Year 3 Years 5 Years SinceInception
HSBC Large Cap Equity Fund - Growth
(Scheme Benchmark)
(Standard Benchmark)
10,000, if invested in HLEF, would have become
10,000, if invested in , would have become
10,000, if invested in , would have become
`
`
`
Nifty 50
S&P BSE Sensex
Nifty 50
S&P BSE Sensex
8.51% 11.26 16.63 21.56
14.20 11.42 16.03 17.98
16.97 11.61 15.80 18.05
10,851 13,777 21,589 212,284
11,420 13,836 21,039 132,970
11,697 13,907 20,831 134,210
% % %
% % % %
% % % %
` ` ` `
` ` ` `
` ` ` `
HSBC Multi Cap Equity Fund
HSBC Dynamic Asset Allocation Fund
Date of Inception : 24 Feb 04
Date of Inception : 24 Sep 07
Scheme Name & Benchmarks
Scheme Name & Benchmarks
SinceInception
SinceInception
HSBC Multi Cap Equity Fund - Growth
S&P BSE 200 (Scheme Benchmark)
(Standard Benchmark)
10,000, if invested in HMEF, would have become
10,000, if invested in S&P BSE 200, would have become
10,000, if invested in , would have become
Nifty 50
Nifty 50
`
`
`
HSBC Dynamic Asset Allocation Fund - Growth
S&P BSE 200 (Scheme Benchmark)
(Standard Benchmark)
10,000, if invested in HDAF, would have become
10,000, if invested in S&P BSE 200, would have become
10,000, if invested in , would have become
Nifty 50
Nifty 50
`
`
`
6.34 10.57 21.30 16.44
12.51 12.15 18.05 15.21
14.20 11.42 16.03 15.02
10,634 13,522 26,274 90,072
11,251 14,110 22,937 77,265
11,420 13,836 21,039 75,446
% % % %
% % % %
% % % %
` ` ` `
` ` ` `
` ` ` `
9.08 10.03 14.09 5.99
12.51 12.15 18.05 9.69
14.20 11.42 16.03 9.27
10,908 13,324 19,337 18,807
11,251 14,110 22,937 27,297
11,420 13,836 21,039 26,183
% % % %
% % % %
% % % %
` ` ` `
` ` ` `
` ` ` `
Past performance may or may not be sustained in the future. Refer note below.
The said Fund is managed by Neelotpal Sahai Effective (27 May 2013)
The said Fund is managed by Neelotpal Sahai Effective (27 May 2013)
The said Fund is managed by Neelotpal Sahai Effective (27 May 2013)
The said Fund is managed by Sanjay Shah Effective (14 August 2009)
Past performance may or may not be sustained in the future. Refer note below.
Funds Managed by Neelotpal Sahai (for Equity portion)Sanjay Shah (for Fixed Income portion)
(Total Schemes Managed 4)Funds Managed by (Total Schemes Managed 10)
Past performance may or may not be sustained in the future. Refer note below.
Returns are of growth option. The returns for the respective periods are provided as on Last business day of July 2018 for the respective Schemes. Returns 1 year and Aboveare Compounded Annualised. Standard benchmark is prescribed by SEBI and is used for comparison purposes. Returns on 10,000 are point-to-point returns for the specifictime period, invested at the start of the period. The returns provided above have been rounded off and hence there may be minor differences between point-to-point returns vis-a-vis returns indicated above. Different plans shall have a different expense structure. The performance details provided herein are of other than Direct plan.
`
Scheme count for the total schemes managed by the Fund Managers does not include closed ended scheme.
Fund Manager Wise Comparative Performance of Equity Schemes
1 Year 3 Years 5 Years
1 Year 3 Years 5 Years
Performance of the respective benchmark is calculated as per the Total Return Index (TRI)
TRI data of Standard Benchmark is not available since inception of the scheme. Standard Benchmark performance is calculated using Composite CAGR of S&P BSE
Sensex PRI values from date 10-Dec-2002 to date 30-May-2007 and TRI values since date 31-May-2007.
#Pursuant to the circular issued by SEBI on ‘Categorization and Rationalization of the Schemes, there has been change in the fundamental attribute(s) of the aforesaid effective fromMar 14, 2018.
TRI data of Standard Benchmark is not available since inception of the scheme. Standard Benchmark performance is calculated using Composite CAGR of S&P BSE 200
PRI values from date 24-Feb-2004 to date 28-Jun-2007 and TRI values since date 29-Jun-2007.
22
HSBC Brazil Fund Date of Inception : 06 May 11
Scheme Name & Benchmarks SinceInception
HSBC Brazil Fund - Growth
MSCI Brazil 10/40 Index (Scheme Benchmark)
(Standard Benchmark)
10,000, if invested in HBF, would have become
10,000, if invested in MSCI Brazil 10/40 Index, would have become
10,000, if invested in , would have become
Nifty 50
Nifty 50
`
`
`
2.79 9.24 -3.40 -4.28
4.93 13.42 2.69 0.86
14.20 11.42 16.03 11.82
10,279 13,039 8,411 7,285
10,493 14,595 11,420 10,636
11,420 13,836 21,039 22,456
% % % %
% % % %
% % % %
` ` ` `
` ` ` `
` ` ` `
Past performance may or may not be sustained in the future. Refer note below
Returns are of growth option. The returns for the respective periods are provided as on Last business day of 2018 for the respective Schemes.. Standard benchmark is prescribed by SEBI and is used for comparison purposes. Returns on 10,000 are point-to-point returns for the specific
time period, invested at the start of the period. The returns provided above have been rounded off and hence there may be minor differences between point-to-point returns vis-a-vis returns indicated above. Different plans shall have a different expense structure. The performance details provided herein are of other than Direct plan.Scheme count for the total schemes managed by the Fund Managers does not include closed ended scheme.
July Returns 1 year and Aboveare Compounded Annualised `
Fund Manager Wise Comparative Performance of Equity Schemes
1 Year 3 Years 5 Years
Funds Managed by - Ranjithgopal K A (Total Schemes Managed 7)
Funds Managed by - Ranjithgopal K A (Total Schemes Managed 7)
HSBC Global Emerging Markets Fund#
Date of Inception : 17 Mar 08
Scheme Name & Benchmarks SinceInception
HSBC Global Emerging Markets Fund - Growth
MSCI Emerging Market Index (Scheme Benchmark)
(Standard Benchmark)
10,000, if invested in HGEF, would have become
10,000, if invested in MSCI Emerging Market Index, would have become
10,000, if invested in , would have become
Nifty 50
Nifty 50
`
`
`
8.13 10.16 6.48 3.49
11.32 11.42 7.73 7.99
14.20 11.42 16.03 10.65
10,813 13,372 13,690 14,276
11,132 13,836 14,513 22,211
11,420 13,836 21,039 28,585
% % % %
% % % %
% % % %
` ` ` `
` ` ` `
` ` ` `
Past performance may or may not be sustained in the future. Refer note below.
1 Year 3 Years 5 Years
The said Fund is managed by Ranjithgopal K A Effective (27 February 2017)
The said Fund is managed by Ranjithgopal K A Effective (27 February 2017)
HSBC Asia Pacific (Ex Japan) DividendYield Fund
Date of Inception : 24 Feb 14
Scheme Name & Benchmarks 1 Year 3 Years SinceInception
HSBC Asia Pacific (Ex Japan) Dividend Yield Fund - Growth
MSCI AC Asia Pacific ex Japan (Scheme Benchmark)
(Standard Benchmark)
10,000, if invested in HAPDF, would have become
10,000, if invested in MSCI AC Asia Pacific ex Japan, would have become
10,000, if invested in , would have become
Nifty 50
Nifty 50
`
`
`
11.17 10.93 8.13
12.34 11.83 9.37
14.20 11.42 16.19
11,117 13,654 14,141
11,234 13,990 14,874
11,420 13,836 19,448
% % %
% % %
% % %
` ` `
` ` `
` ` `
Past performance may or may not be sustained in the future. Refer note below.
Funds Managed by Sanjay Shah (for Fixed Income portion) (Total Schemes Managed 10)
Funds Managed by Ranjithgopal K A (For overseas investment) (Total Schemes Managed 7)
The said Fund is managed by Ranjithgopal K A Effective (27 February 2017)
The said Fund is managed by Sanjay Shah Effective (24 February 2014)
The said Fund has been in existence for more than 3 years but less than 5 years
Performance of the respective benchmark is calculated as per the Total Return Index (TRI)
#Pursuant to the circular issued by SEBI on ‘Categorization and Rationalization of the Schemes, there has been change in the fundamental attribute(s) of the aforesaid effective from
Mar 14, 2018.
23
HSBC Global Consumer Opportunities Fund -Benefiting from China's Growing Consumption Power
Date of Inception : 23 Feb 15
Scheme Name & BenchmarksScheme Name & BenchmarksScheme Name & Benchmarks 1 Year 3 Years SinceInception
HSBC Global Consumer Opportunities Fund - Benefiting from China'sGrowing Consumption Power - Growth
MSCI AC World Index (Scheme Benchmark)
Nifty 50 (Standard Benchmark)
10,000, if invested in HGCOF, would have become
10,000, if invested in MSCI AC World Index, would have become
10,000, if invested in Nifty 50, would have become
`
`
`
Past performance may or may not be sustained in the future. Refer note below.Past performance may or may not be sustained in the future. Refer note below.Past performance may or may not be sustained in the future. Refer note below.Past performance may or may not be sustained in the future. Refer note below.
Please Note : NAmeans not available.Pursuant to the circular issued by SEBI on ‘Categorization and Rationalization of the Schemes, there has been change in the fundamental attribute(s) of the aforesaid scheme including change in the
benchmark to S&P BSE 250 Small Cap Index effective from Mar 14, 2018. The launch date of the S&P BSE 250 Small Cap Index (INR) is November 30, 2017 whereas the inception date of the scheme isMay 19, 2005. All information presented prior to the index launch date is back-tested which is available from Mar 31, 2008. The corresponding benchmark returns since inception of the scheme is notavailable.All index data is available on the website ofAsia Index Pvt. Ltd. a joint venture between BSE Ltd. and S&P Dow Jones Indices LLC. (source: http://www.asiaindex.co.in).
*
Fund Manager Wise Comparative Performance of Equity Schemes
Funds Managed by - Gautam Bhupal (Total Schemes Managed 4)
Funds Managed by - Neelotpal Sahai (Total Schemes Managed 4)
HSBC Small Cap Equity Fund# Date of Inception : 19 May 05
Scheme Name & Benchmarks SinceInception
HSBC Small Cap Equity Fund - Growth
S&P BSE 250 Small Cap Index (Scheme Benchmark)
(Standard Benchmark)
10,000, if invested in HSEF, would have become
10,000, if invested in , would have become
10,000, if invested in , would have become
Nifty 50
Nifty 50
`
`
`
*
S&P BSE 250 Small Cap Index
0.08 8.82 30.40 13.61
-2.17 10.38 21.43 NA
14.20 11.42 16.03 15.56
10,008 12,889 37,731 53,945
9,783 13,452 26,416 NA
11,420 13,836 21,039 67,542
% % % %
% % %
% % % %
` ` ` `
` ` `
` ` ` `
Past performance may or may not be sustained in the future. Refer note below.
Returns are of growth option. The returns for the respective periods are provided as on Last business day of 2018 for the respective Schemes. .Standard benchmark is prescribed by SEBI and is used for comparison purposes. Returns on 10,000 are point-to-point returns for the specific time period, invested at the start of the period. The returnsprovided above have been rounded off and hence there may be minor differences between point-to-point returns vis-a-vis returns indicated above. Different plans shall have a different expense structure.The performance details provided herein are of other than Direct plan.Scheme count for the total schemes managed by the Fund Managers does not include closed ended scheme.
July Returns 1 year andAbove are CompoundedAnnualised`
1 Year 3 Years 5 Years
HSBC Infrastructure Equity Fund# Date of Inception : 23 Feb 06
Scheme Name & Benchmarks SinceInception
HSBC Infrastructure Equity Fund - Growth
S&P BSE India Infrastructure (Scheme Benchmark)
Nifty 50 (Standard Benchmark)
10,000, if invested in HIEF, would have become
10,000, if invested in S&P BSE India Infrastructure, would have become
10,000, if invested in Nifty 50, would have become
$
`
`
`
-11.36 0.66 20.88 5.87
-6.67 7.35 13.57 NA
14.20 11.42 16.03 12.49
8,864 10,199 25,822 20,333
9,333 12,373 18,900 NA
11,420 13,836 21,039 43,243
% % % %
% % %
% % % %
` ` ` `
` ` `
` ` ` `
Past performance may or may not be sustained in the future. Refer note below.
1 Year 3 Years 5 Years
Funds Managed by Sanjay Shah (for Fixed Income portion) (Total Schemes Managed 10)
Funds Managed by Ranjithgopal K A (For overseas investment) (Total Schemes Managed 7)
The said Fund is managed by Ranjithgopal K A Effective (27 February 2017)
The said Fund is managed by Sanjay Shah Effective (13 February 2015)
The said Fund is managed by Gautam Bhupal Effective (11 May 2018)
The said Fund is managed by Neelotpal Sahai Effective (11 May 2018)
The said Fund has been in existence for more than 3 years but less than 5 years
Please Note : NAmeans not available.$The launch date of the S&P BSE India Infrastructure Index (INR) is May 19, 2014 whereas the inception date of the scheme is Feb 23, 2006. Information presented for 5 year return is back-tested which isavailable from Mar 31, 2008. The corresponding benchmark returns since inception of the scheme is not available. All index data is available on the website ofAsia Index Pvt. Ltd. a joint venture betweenBSE Ltd. and S&P Dow Jones Indices LLC. (source: ).http://www.asiaindex.co.in
Performance of the respective benchmark is calculated as per the Total Return Index (TRI)
17.47 9.44 8.46
18.37 11.42 10.77
14.20 11.42 9.35
11,747 13,111 13,218
11,837 13,836 14,211
11,420 13,836 13,595
% % %
% % %
% % %
` ` `
` ` `
` ` `
#Pursuant to the circular issued by SEBI on ‘Categorization and Rationalization of the Schemes, there has been change in the fundamental attribute(s) of the aforesaid effective from Mar 14, 2018.
HSBC Managed Solutions - Growth# Date of Inception : 30 Apr 14
Scheme Name & Benchmarks 1 Year 3 Years SinceInception
HSBC Managed Solutions - Growth - Growth
Customised Benchmark Index Fund (Scheme Benchmark)*
(Standard Benchmark)Nifty 50
Crisil 10 Year Gilt Index (Standard Benchmark)
10,000, if invested in HMSG, would have become
10,000, if invested in Customised Benchmark Index, would have become
10,000, if invested in Nifty 50, would have become
10,000, if invested in Crisil 10 Year Gilt Index, would have become
`
`
`
`
5.77 10.72 14.85
9.78 10.26 14.08
-2.90 6.01 7.70
10,577 13,577 18,024
10,978 13,408 17,515
11,420 13,836 17,950
% % %
% % %
14.20% 11.42% 14.74%
% % %
9,710 11,915 13,711
` ` `
` ` `
` ` `
` ` `
Past performance may or may not be sustained in the future. Refer note below.
*Composite index of S&P BSE 200 (80%) and Crisil Composite Bond Fund Index (20%).
Fund Manager Wise Comparative Performance of Equity Schemes
24
Returns are of growth option. The returns for the respective periods are provided as on Last business day of 2018 for the respective Schemes.. Standard benchmark is prescribed by SEBI and is used for comparison purposes. Returns on 10,000 are point-to-point returns for the specific
time period, invested at the start of the period. The returns provided above have been rounded off and hence there may be minor differences between point-to-point returns vis-a-vis returns indicated above. Different plans shall have a different expense structure. The performance details provided herein are of other than Direct plan.Scheme count for the total schemes managed by the Fund Managers does not include closed ended scheme.
July Returns 1 year and Aboveare Compounded Annualised `
HSBC Tax Saver Equity Fund Date of Inception : 05 Jan 07
Scheme Name & Benchmarks SinceInception
HSBC Tax Saver Equity Fund - Growth
S&P BSE 200 (Scheme Benchmark)
(Standard Benchmark)
10,000, if invested in HTSF, would have become
10,000, if invested in S&P BSE 200, would have become
10,000, if invested in , would have become
Nifty 50
Nifty 50
`
`
`
3.48 10.45 20.22 12.11
12.51 12.15 18.05 11.18
14.20 11.42 16.03 10.81
10,348 13,478 25,125 37,554
11,251 14,110 22,937 34,102
11,420 13,836 21,039 32,811
% % % %
% % % %
% % % %
` ` ` `
` ` ` `
` ` ` `
Funds Managed by - Aditya Khemani (Total Schemes Managed 2)
Past performance may or may not be sustained in the future. Refer note below.
1 Year 3 Years 5 Years
The said Fund is managed by Gautam Bhupal Effective (21 October 2015)
The said Fund is managed by Sanjay Shah Effective (April 2014)
The said Fund is managed by Aditya Khemani Effective (24 February 2009)
The said Fund is managed by Ranjithgopal K A Effective (27 February 2017)
Funds Managed by Gautam Bhupal (for Equity portion)Sanjay Shah (for Fixed Income portion)
(For overseas investment)
(Total Schemes Managed 4)Funds Managed by (Total Schemes Managed 10)Funds Managed by Ranjithgopal K A (Total Schemes Managed 7)
The said Fund has been in existence for more than 3 years but less than 5 years
Performance of the respective benchmark is calculated as per the Total Return Index (TRI)
TRI data of Standard Benchmark is not available since inception of the scheme. Standard Benchmark performance is calculated using Composite CAGR of S&P BSE 200
PRI values from date 05-Jan-2007 to date 28-Jun-2007 and TRI values since date 29-Jun-2007.
#Pursuant to the circular issued by SEBI on ‘Categorization and Rationalization of the Schemes, there has been change in the fundamental attribute(s) of the aforesaid
effective from Mar 14, 2018.
25
*Composite index of Crisil Composite Bond Fund Index (90%) and S&P BSE 200 (10%).
Fund Manager Wise Comparative Performance of Equity Schemes
Returns are of growth option. The returns for the respective periods are provided as on Last business day of 2018 for the respective Schemes.. Standard benchmark is prescribed by SEBI and is used for comparison purposes. Returns on 10,000 are point-to-point returns for the specific time
period, invested at the start of the period. The returns provided above have been rounded off and hence there may be minor differences between point-to-point returns vis-a-visreturns indicated above. Different plans shall have a different expense structure. The performance details provided herein are of other than Direct plan.Scheme count for the total schemes managed by the Fund Managers does not include closed ended scheme.
July Returns 1 year and Above areCompounded Annualised `
Past performance may or may not be sustained in the future. Refer note below.
HSBC Managed Solutions - Moderate - Growth# Date of Inception : 30 Apr 14
Scheme Name & Benchmarks 1 Year 3 Years SinceInception
HSBC Managed Solutions - Moderate - Growth
Aggressive Index (Scheme Benchmark)
Nifty 50 (Standard Benchmark)
Crisil 10 Year Gilt Index (Standard Benchmark)
10,000, if invested in HMSM, would have become
10,000,if investedin ,wouldhavebecome
10,000, if invested in Nifty 50, would have become
10,000, if invested in Crisil 10 Year Gilt Index, would have become
`
`
`
`
CRISIL Hybrid 35+65 -
CRISILHybrid35+65-AggressiveIndex
5.14 10.29 13.29
8.71 10.74 14.11
14.20 11.42 14.74
-2.90 6.01 7.70
10,514 13,419 17,005
10,871 13,584 17,535
11,420 13,836 17,950
9,710 11,915 13,711
% % %
% % %
% % %
% % %
` ` `
` ` `
` ` `
` ` `
Funds Managed by Gautam Bhupal (for Equity portion)Sanjay Shah (for Fixed Income portion)
(For overseas investment)
(Total Schemes Managed 4)Funds Managed by (Total Schemes Managed 10)Funds Managed by Ranjithgopal K A (Total Schemes Managed 7)
The said Fund is managed by Gautam Bhupal Effective (21 October 2015)
The said Fund is managed by Sanjay Shah Effective (April 2014)
The said Fund is managed by Ranjithgopal K A Effective (27 February 2017)
Past performance may or may not be sustained in the future. Refer note below.
HSBC Managed Solutions - Conservative - Growth# Date of Inception : 30 Apr 14
Scheme Name & Benchmarks 1 Year 3 Years SinceInception
HSBC Managed Solutions - Conservative - Growth
Customised Benchmark Index Fund (Scheme Benchmark)*
Nifty 50 (Standard Benchmark)
Crisil 10 Year Gilt Index (Standard Benchmark)
10,000, if invested in HMSC, would have become
10,000, if invested in Customised Benchmark Index, would have become
10,000, if invested in Nifty 50, would have become
10,000, if invested in Crisil 10 Year Gilt Index, would have become
`
`
`
`
2.64 6.49 8.42
2.86 7.98 9.73
14.20 11.42 14.74
-2.90 6.01 7.70
10,264 12,078 14,105
10,286 12,593 14,845
11,420 13,836 17,950
9,710 11,915 13,711
% % %
% % %
% % %
% % %
` ` `
` ` `
` ` `
` ` `
Funds Managed by Gautam Bhupal (for Equity portion)Sanjay Shah (for Fixed Income portion)
(For overseas investment)
(Total Schemes Managed 4)Funds Managed by (Total Schemes Managed 10)Funds Managed by Ranjithgopal K A (Total Schemes Managed 7)
The said Fund is managed by Gautam Bhupal Effective (21 October 2015)
The said Fund is managed by Sanjay Shah Effective (April 2014)
The said Fund is managed by Ranjithgopal K A Effective (27 February 2017)
The said Fund has been in existence for more than 3 years but less than 5 years
The said Fund has been in existence for more than 3 years but less than 5 years
Performance of the respective benchmark is calculated as per the Total Return Index (TRI)
#Pursuant to the circular issued by SEBI on ‘Categorization and Rationalization of the Schemes, there has been change in the fundamental attribute(s) of the aforesaid effective from
Mar 14, 2018.
26
HSBC Large Cap Equity Fund#
HSBC Multi Cap Equity Fund
HSBC Dynamic Asset Allocation Fund
Date of Inception : 10 Dec 02
Date of Inception : 24 Feb 04
Date of Inception : 24 Sep 07
Scheme Name & Benchmarks
Scheme Name & Benchmarks
Scheme Name & Benchmarks
1Year
1Year
1Year
3Years
3Years
3Years
5Years
5Years
5Years
SinceInception
SinceInception
SinceInception
Total amount invested ( )
Market Value as on , 2018 ( )
Scheme Returns (%)
Scheme Benchmark ( )
Scheme Benchmark Returns (%)
Standard Benchmark ( )
Standard Benchmark Returns (%)
`
`
`
`
-
-
-
-
July 31
Nifty 50
Nifty 50
S&P BSE Sensex
S&P BSE Sensex
Total amount invested ( )
Scheme Returns (%)
Scheme Benchmark ( )
Scheme Benchmark Returns (%)
Standard Benchmark ( )
Standard Benchmark Returns (%)
`
`
`
Market Value as on
S&P BSE 200 -
S&P BSE 200 -
Nifty 50 -
Nifty 50 -
July 31 ( )`, 2018
Total amount invested ( )
Scheme Returns (%)
Scheme Benchmark ( )
Scheme Benchmark Returns (%)
Standard Benchmark ( )
Standard Benchmark Returns (%)
`
`
`
Market Value as on
S&P BSE 200 -
S&P BSE 200 -
Nifty 50 -
Nifty 50 -
July 31 ( )`, 2018
120000 360000 600000 1880000
127843 455669 857613 6901105
12.39 15.94 14.27 15.08
132451 468248 867864 6674137
19.86 17.87 14.76 14.71
134928 475481 873021 6929191
23.94 18.96 15.00 15.12
120000 360000 600000 1740000
123941 444610 881403 5355389
6.17 14.22 15.39 14.27
129696 466153 890362 5239352
15.37 17.55 15.80 14.01
132451 468248 867864 5033933
19.86 17.87 14.76 13.53
120000 360000 600000 1310000
128881 446090 824458 2260304
14.06 14.45 12.68 9.60
129696 466153 890362 2853312
15.37 17.55 15.80 13.56
132451 468248 867864 2706118
19.86 17.87 14.76 12.67
The Fund offers flexible and convenient Systematic Investment Plan (SIP) facility. To illustrate the advantages of SIP investments, this is how your investments would havegrown if you had invested say 10,000 systematically on the first Business Day of every month over a period of time in the Growth Option of Respective Scheme.
The returns are calculated by XIRR approach assuming investment of 10,000/- on the 1st working day of every month. XIRR helps in calculating return on investments givenan initial and final value and a series of cash inflows and outflows with correct allowance for the time impact of the transactions. Data as on .
`
`
July 31, 2018
SIP Performance of Equity Schemes
Returns shown for Regular Plan - Growth Option
Past performance may or may not be sustained in the future. Refer note below
Past performance may or may not be sustained in the future. Refer note below
Past performance may or may not be sustained in the future. Refer note below
Returns are of growth option. The returns for the respective periods are provided as on Last business day of 2018 for the respective Schemes.. Standard benchmark is prescribed by SEBI and is used for comparison purposes. Returns on 10,000 are point-to-point returns for the specific
time period, invested at the start of the period. The returns provided above have been rounded off and hence there may be minor differences between point-to-point returns vis-a-vis returns indicated above. Different plans shall have a different expense structure. The performance details provided herein are of other than Direct plan.Scheme count for the total schemes managed by the Fund Managers does not include closed ended scheme.
July Returns 1 year and Aboveare Compounded Annualised `
Performance of the respective benchmark is calculated as per the Total Return Index (TRI)
TRI data of Standard Benchmark is not available since inception of the scheme. Standard Benchmark performance is calculated using Composite CAGR of S&P BSE Sensex PRI
values from date 10-Dec-2002 to date 30-May-2007 and TRI values since date 31-May-2007.
TRI data of Standard Benchmark is not available since inception of the scheme. Standard Benchmark performance is calculated using Composite CAGR of S&P BSE 200
PRI values from date 24-Feb-2004 to date 28-Jun-2007 and TRI values since date 29-Jun-2007.
#Pursuant to the circular issued by SEBI on ‘Categorization and Rationalization of the Schemes, there has been change in the fundamental attribute(s) of the aforesaid
effective from Mar 14, 2018.
SIP Performance of Equity Schemes
27
HSBC Brazil Fund Date of Inception : 06 May 11
Scheme Name & Benchmarks 1Year
3Years
5Years
SinceInception
Total amount invested ( )
Scheme Returns (%)
Scheme Benchmark ( )
Scheme Benchmark Returns (%)
Standard Benchmark ( )
Standard Benchmark Returns (%)
`
`
`
Market Value as on
MSCI Brazil 10/40 Index -
MSCI Brazil 10/40 Index -
Nifty 50 -
Nifty 50 -
July 31 ( )`, 2018
120000 360000 600000 860000
114923 423848 641762 843458
-7.79 10.92 2.66 -0.54
115056 448534 719614 1002004
-7.59 14.84 7.21 4.21
132393 468811 869064 1456720
19.80 17.96 14.82 14.44
HSBC Asia Pacific (Ex Japan) Dividend Yield Fund Date of Inception : 24 Feb 14
Scheme Name & Benchmarks 1Year
3Years
5Years
SinceInception
Total amount invested ( )
Scheme Returns (%)
Scheme Benchmark ( )
Scheme Benchmark Returns (%)
Standard Benchmark ( )
Standard Benchmark Returns (%)
`
`
`
Market Value as on
MSCI AC Asia Pacific ex Japan -
MSCI AC Asia Pacific ex Japan -
Nifty 50 -
Nifty 50 -
July 31 ( )`, 2018
120000 360000 NA 530000
125578 448193 NA 678359
8.78 14.79 NA 11.17
124731 453829 NA 689239
7.43 15.67 NA 11.90
132383 468397 NA 726355
19.79 17.90 NA 14.33
HSBC Global Emerging Markets Fund#
Date of Inception : 17 Mar 08
Scheme Name & Benchmarks 1Year
3Years
5Years
SinceInception
Total amount invested ( )
Scheme Returns (%)
Scheme Benchmark ( )
Scheme Benchmark Returns (%)
Standard Benchmark ( )
Standard Benchmark Returns (%)
`
`
`
Market Value as on
MSCI Emerging Market Index -
MSCI Emerging Market Index -
Nifty 50 -
Nifty 50 -
July 31 ( )`, 2018
120000 360000 600000 1240000
120993 437713 736624 1742082
1.55 13.15 8.15 6.40
122786 449882 769629 2070309
4.36 15.06 9.91 9.57
132383 468026 867699 2539232
19.79 17.85 14.76 13.27
The Fund offers flexible and convenient Systematic Investment Plan (SIP) facility. To illustrate the advantages of SIP investments, this is how your investments would havegrown if you had invested say 10,000 systematically on the first Business Day of every month over a period of time in the Growth Option of Respective Scheme.
The returns are calculated by XIRR approach assuming investment of 10,000/- on the 1st working day of every month. XIRR helps in calculating return on investments givenan initial and final value and a series of cash inflows and outflows with correct allowance for the time impact of the transactions. .
`
`
Data as on July 31, 2018
Returns shown for Regular Plan - Growth Option
Past performance may or may not be sustained in the future. Refer note below
Past performance may or may not be sustained in the future. Refer note below
Past performance may or may not be sustained in the future. Refer note below
Returns are of growth option. The returns for the respective periods are provided as on Last business day of 2018 for the respective Schemes.. Standard benchmark is prescribed by SEBI and is used for comparison purposes. Returns on 10,000 are point-to-point returns for the specific
time period, invested at the start of the period. The returns provided above have been rounded off and hence there may be minor differences between point-to-point returns vis-a-vis returns indicated above. Different plans shall have a different expense structure. The performance details provided herein are of other than Direct plan.Scheme count for the total schemes managed by the Fund Managers does not include closed ended scheme.
July Returns 1 year and Aboveare Compounded Annualised `
Performance of the respective benchmark is calculated as per the Total Return Index (TRI)
#Pursuant to the circular issued by SEBI on ‘Categorization and Rationalization of the Schemes, there has been change in the fundamental attribute(s) of the aforesaid
effective from Mar 14, 2018.
SIP Performance of Equity Schemes
28
HSBC Tax Saver Equity Fund Date of Inception : 05 Jan 07
Scheme Name & Benchmarks 1Year
3Years
5Years
SinceInception
Total amount invested ( )
Scheme Returns (%)
Scheme Benchmark ( )
Scheme Benchmark Returns (%)
Standard Benchmark ( )
Standard Benchmark Returns (%)
`
`
`
Market Value as on
S&P BSE 200 -
S&P BSE 200 -
Nifty 50 -
Nifty 50 -
July 31 ( )`, 2018
120000 360000 600000 1390000
120612 437371 869498 3329862
0.95 13.08 14.83 14.24
129696 466153 890362 3126834
15.37 17.55 15.80 13.25
132451 468248 867864 2964463
19.86 17.87 14.76 12.40
HSBC Infrastructure Equity Fund^#
Date of Inception : 23 Feb 06
Scheme Name & Benchmarks 1Year
3Years
5Years
SinceInception
Total amount invested ( )
Scheme Returns (%)
Scheme Benchmark ( )
Scheme Benchmark Returns (%)
Standard Benchmark ( )
Standard Benchmark Returns (%)
`
`
`
Market Value as on
S&P BSE -
S&PBSE -
Nifty 50 -
Nifty 50 -
$
July 31 ( )`, 2018
India Infrastructure Index
India Infrastructure Index
120000 360000 600000 1490000
102674 375480 764891 2316448
-25.69 2.76 9.65 6.84
108914 403082 749366 NA
-16.72 7.49 8.84 NA
132451 468248 867864 3352175
19.86 17.87 14.76 21.63
The Fund offers flexible and convenient Systematic Investment Plan (SIP) facility. To illustrate the advantages of SIP investments, this is how your investments would havegrown if you had invested say 10,000 systematically on the first Business Day of every month over a period of time in the Growth Option of Respective Scheme.
The returns are calculated by XIRR approach assuming investment of 10,000/- on the 1st working day of every month. XIRR helps in calculating return on investments givenan initial and final value and a series of cash inflows and outflows with correct allowance for the time impact of the transactions. .
`
`
Data as on July 31, 2018
Returns shown for Regular Plan - Growth Option
Past performance may or may not be sustained in the future. Refer note below
Past performance may or may not be sustained in the future. Refer note below
Returns are of growth option. The returns for the respective periods are provided as on Last business day of 2018 for the respective Schemes.. Standard benchmark is prescribed by SEBI and is used for comparison purposes. Returns on 10,000 are point-to-point returns for the specific
time period, invested at the start of the period. The returns provided above have been rounded off and hence there may be minor differences between point-to-point returns vis-a-vis returns indicated above. Different plans shall have a different expense structure. The performance details provided herein are of other than Direct plan.Scheme count for the total schemes managed by the Fund Managers does not include closed ended scheme.
July Returns 1 year and Aboveare Compounded Annualised `
Please Note : “NAmeans not available.$The launch date of the S&P BSE India Infrastructure Index (INR) is May 19, 2014 whereas the inception date of the scheme is Feb 23, 2006. Information presented for 5 yearreturn is back-tested which is available from Mar 31, 2008. The corresponding benchmark returns since inception of the scheme is not available. All index data is available onthe website ofAsia Index Pvt. Ltd. a joint venture between BSE Ltd. and S&P Dow Jones Indices LLC. (source: ).http://www.asiaindex.co.in
Performance of the respective benchmark is calculated as per the Total Return Index (TRI)
TRI data of Standard Benchmark is not available since inception of the scheme. Standard Benchmark performance is calculated using Composite CAGR of S&P BSE 200
PRI values from date 05-Jan-2007 to date 28-Jun-2007 and TRI values since date 29-Jun-2007.
#Pursuant to the circular issued by SEBI on ‘Categorization and Rationalization of the Schemes, there has been change in the fundamental attribute(s) of the aforesaid
effective from Mar 14, 2018.
SIP Performance of Equity Schemes
29
HSBC Managed Solutions - Growth#
Date of Inception : 30 Apr 14
Scheme Name & Benchmarks 1Year
3Years
5Years
SinceInception
Total amount invested ( )
Scheme Returns (%)
Scheme Benchmark ( )
Scheme Benchmark Returns (%)
Standard Benchmark ( )
Standard Benchmark Returns (%)
`
`
`
Market Value as on
Customised Benchmark Index* -
Customised Benchmark Index -
Nifty 50 -
Nifty 50 -
July 31 ( )`, 2018
120000 360000 NA 510000
123160 436672 NA 659669
4.94 12.97 NA 12.12
127993 451233 NA 675480
12.69 15.15 NA 13.18
132408 468116 NA 688872
19.83 17.85 NA 14.21
HSBC Managed Solutions - Moderate - Growth#
Date of Inception : 30 Apr 14
Scheme Name & Benchmarks 1Year
3Years
5Years
SinceInception
Total amount invested ( )
Scheme Returns (%)
Scheme Benchmark ( )
SchemeBenchmarkReturns(%)
Standard Benchmark ( )
Standard Benchmark Returns (%)
`
`
`
Market Value as on
Nifty 50 -
Nifty 50 -
July 31 ( )`, 2018
(CRISIL Hybrid 35+65 - Aggressive Index)
(CRISILHybrid35+65-AggressiveIndex)
120000 360000 NA 510000
122899 427201 NA 645399
4.53 11.46 NA 11.08
126816 439590 NA 660244
10.76 13.43 NA 12.17
132408 468116 NA 688872
19.83 17.85 NA 14.21
HSBC Small Cap Equity Fund# Date of Inception : 19 May 05
Scheme Name & Benchmarks 1Year
3Years
5Years
SinceInception
Total amount invested ( )
Scheme Returns (%)
Scheme Benchmark( )
Scheme Benchmark Returns (%)
Standard Benchmark ( )
Standard Benchmark Returns (%)
`
`
`
Market Value as on
-
-
Nifty 50 -
Nifty 50 -
July 31 ( )`, 2018
S&P BSE 250 Small Cap Index
S&P BSE 250 Small Cap Index
*
120000 360000 600000 1590000
110626 416462 937909 4019867
-14.20 9.71 17.92 13.08
122807 446086 904261 NA
-9.44 12.19 15.48 NA
132451 468248 867864 3903658
19.86 17.87 14.76 12.68
The Fund offers flexible and convenient Systematic Investment Plan (SIP) facility. To illustrate the advantages of SIP investments, this is how your investments would havegrown if you had invested say 10,000 systematically on the first Business Day of every month over a period of time in the Growth Option of Respective Scheme.
The returns are calculated by XIRR approach assuming investment of 10,000/- on the 1st working day of every month. XIRR helps in calculating return on investments givenan initial and final value and a series of cash inflows and outflows with correct allowance for the time impact of the transactions. .
`
`
Data as on July 31, 2018
Returns shown for Regular Plan - Growth Option
Past performance may or may not be sustained in the future. Refer note below
Past performance may or may not be sustained in the future. Refer note below
*Composite index of S&P BSE200 (80%) and Crisil Composite Bond Fund Index (20%).
Past performance may or may not be sustained in the future. Refer note below
Returns are of growth option. The returns for the respective periods are provided as on Last business day of 2018 for the respective Schemes.. Standard benchmark is prescribed by SEBI and is used for comparison purposes. Returns on 10,000 are point-to-point returns for the specific
time period, invested at the start of the period. The returns provided above have been rounded off and hence there may be minor differences between point-to-point returns vis-a-vis returns indicated above. Different plans shall have a different expense structure. The performance details provided herein are of other than Direct plan.Scheme count for the total schemes managed by the Fund Managers does not include closed ended scheme.
July Returns 1 year and Aboveare Compounded Annualised `
Please Note : “NAmeans not available.* Pursuant to the circular issued by SEBI on ‘Categorization and Rationalization of the Schemes, there has been change in the fundamental attribute(s) of the aforesaid scheme includingchange in the benchmark to S&P BSE 250 Small Cap Index effective from Mar 14, 2018. The launch date of the S&P BSE 250 Small Cap Index (INR) is November 30, 2017 whereas theinception date of the scheme is May 19, 2005. All information presented prior to the index launch date is back-tested which is available from Mar 31, 2008. The corresponding benchmarkreturns since inception of the scheme is not available. All index data is available on the website of Asia Index Pvt. Ltd. a joint venture between BSE Ltd. and S&P Dow Jones Indices LLC.(source: http://www.asiaindex.co.in).
Performance of the respective benchmark is calculated as per the Total Return Index (TRI)
#Pursuant to the circular issued by SEBI on ‘Categorization and Rationalization of the Schemes, there has been change in the fundamental attribute(s) of the aforesaid
effective from Mar 14, 2018.
SIP Performance of Equity Schemes
30
HSBC Managed Solutions - Conservative - Growth#
Date of Inception : 30 Apr 14
Scheme Name & Benchmarks 1Year
3Years
5Years
SinceInception
Total amount invested ( )
Scheme Returns (%)
Scheme Benchmark ( )
Scheme Benchmark Returns (%)
Standard Benchmark ( )
Standard Benchmark Returns (%)
`
`
`
Market Value as on
Customised Benchmark Index* -
Customised Benchmark Index -
Nifty 50 -
Nifty 50 -
July 31 ( )`, 2018
120000 360000 NA 510000
122320 393269 NA 586206
3.62 5.84 NA 6.50
122257 403315 NA 601848
3.55 7.39 NA 7.70
132408 468116 NA 688872
19.83 17.85 NA 14.21
HSBC Global Consumer Opportunities Fund -Benefiting from China's Growing Consumption Power
Date of Inception : 23 Feb 15
Scheme Name & Benchmarks 1Year
3Years
5Years
SinceInception
Total amount invested ( )
Scheme Returns (%)
Scheme Benchmark ( )
Scheme Benchmark Returns (%)
Standard Benchmark ( )
Standard Benchmark Returns (%)
`
`
`
Market Value as on
MSCI AC World Index -
MSCI AC World Index -
Nifty 50 -
Nifty 50 -
July 31 ( )`, 2018
120000 360000 NA 410000
129904 455495 NA 520799
15.73 15.93 NA 14.13
131618 454864 NA 524981
18.52 15.83 NA 14.62
132425 468498 NA 537965
19.85 17.92 NA 16.12
The Fund offers flexible and convenient Systematic Investment Plan (SIP) facility. To illustrate the advantages of SIP investments, this is how your investments would havegrown if you had invested say 10,000 systematically on the first Business Day of every month over a period of time in the Growth Option of Respective Scheme.
The returns are calculated by XIRR approach assuming investment of 10,000/- on the 1st working day of every month. XIRR helps in calculating return on investments givenan initial and final value and a series of cash inflows and outflows with correct allowance for the time impact of the transactions. .
`
`
Data as on July 31, 2018
Returns shown for Regular Plan - Growth Option
Past performance may or may not be sustained in the future. Refer note below
Past performance may or may not be sustained in the future. Refer note below
*Composite index of Crisil Composite Bond Fund Index (90%) and S&P BSE200 (10%).
Returns are of growth option. The returns for the respective periods are provided as on Last business day of July 2018 for the respective Schemes.. Standard benchmark is prescribed by SEBI and is used for comparison purposes. Returns on 10,000 are point-to-point returns for the specific
time period, invested at the start of the period. The returns provided above have been rounded off and hence there may be minor differences between point-to-point returns vis-a-vis returns indicated above. Different plans shall have a different expense structure. The performance details provided herein are of other than Direct plan.Scheme count for the total schemes managed by the Fund Managers does not include closed ended scheme.
Returns 1 year and Aboveare Compounded Annualised `
Performance of the respective benchmark is calculated as per the Total Return Index (TRI)
#Pursuant to the circular issued by SEBI on ‘Categorization and Rationalization of the Schemes, there has been change in the fundamental attribute(s) of the aforesaid
effective from Mar 14, 2018.
HSBC Regular Savings FundAn open ended Hybrid Scheme investing predominantly in debt instruments.
Investment Objective: Seeks to generate reasonable returns through investments in Debt and Money Market Instruments. The secondary objective of thescheme is to invest in equity and equity related instruments to seek capital appreciation. However, there can be no assurance or guarantee that the investmentobjective of the scheme would be achieved.
31
FUND DETAILS
Date of AllotmentBenchmark
NAV (Growth)
(as on 31 )
Average Maturity ofPortfolio
Modified Duration
of Portfolio
Fund Managers
SIPMinimum
Application AmountGrowthQuarterly DividendMonthly Dividend
Exit Load
per unit
Monthly Average AUM(In Lakhs)
.07.18
Yield To Maturity*
@
Month End Total Expenses ratios (Annualized)Regular 2.18%
Direct Plan 1.68%Excludes GST on Investment Management fees of 0.22% ofTotal NetAssets.
Asset Allocation
Corporate/ PSU Debt 37.86%
Government Securities 34.11%
Equity 25.10%
Net CurrentAssets 1.85%
Cash Equivalents 1.08%
Total NetAssets 100.00%
@Effective from March 14, 2018 for prospective investments.
*Based on investedAmount
FUND PORTFOLIO
Corporate/ PSU Debt
Equity
Government Securities
Cash Equivalents
CBLO 195.11 1.08%
Net Current Assets 331.06 1.85%
Total Net Assets as on 31-Jul-2018 18,064.95 100.00%
Corporate Bonds / Debentures
Zero Coupon Bonds
Equities
Power Grid Corporation of India 1,510.18 8.36% CRISIL AAA
India Infradebt 999.73 5.53% CRISIL AAA
Reliance Industries 972.21 5.38% CRISIL AAA
National Highways Authority of India 971.77 5.38% CRISIL AAA
HDFC 598.14 3.31% CRISIL AAA
Tata Sons 490.09 2.71% CRISIL AAA
Tata Sons 244.71 1.35% CRISIL AAA
Can Fin Homes 224.47 1.24% CARE AAA
Power Grid Corporation of India 202.01 1.12% CRISIL AAA
NABARD 150.27 0.83% CRISIL AAA
NTPC 139.78 0.77% CRISIL AAA
Capital First 99.59 0.55% CRISIL AA+
Shriram Transport Finance Company 48.97 0.27% CRISIL AA+
Rural Electrification Corporation 29.54 0.16% CRISIL AAA
IIFL Home Finance 81.35 0.45% [ICRA]AA(SO)
India Infoline Finance 81.02 0.45% [ICRA]AA(SO)
ICICI Bank 456.16 2.53%
IndusInd Bank 409.01 2.26%
HDFC Bank 377.05 2.09%
Maruti Suzuki India 230.11 1.27%
ITC 228.48 1.26%
Nilkamal 196.23 1.09%
OCL India 153.62 0.85%
The Federal Bank 149.52 0.83%
Infosys 140.21 0.78%
Crompton Greaves Cons Electrical 138.57 0.77%
Sun Pharmaceutical Ind 138.15 0.76%
Somany Ceramics 134.27 0.74%
Vedanta 133.32 0.74%
GlaxoSmithKline Consumer Healthcare 129.70 0.72%
NCL Industries 125.55 0.69%
MRF 123.21 0.68%
Mahindra & Mahindra 121.67 0.67%
Heritage Foods Ltd 117.29 0.65%
Bharti Airtel 117.18 0.65%
Finolex Cables 111.51 0.62%
Galaxy Surfactants 108.54 0.60%
JM Financial 107.20 0.59%
The Indian Hotels Company 106.40 0.59%
Indo Count Industries 83.18 0.46%
Exide Industries 75.53 0.42%
Balrampur Chini Mills 73.30 0.41%
Torrent Pharmaceuticals 71.84 0.40%
InterGlobe Aviation 69.73 0.39%
Cholamandalam Investment & Fin Co 64.38 0.36%
Blue Star 41.26 0.23%
8.24% GOVT OF INDIA RED 15-02-2027 1,768.90 9.79% SOVEREIGN
7.17% GOVT OF INDIA RED 08-01-2028 1,232.35 6.82% SOVEREIGN
6.84% GOVT OF INDIA RED 19-12-2022 916.70 5.07% SOVEREIGN
8.39% RAJASTHAN SDL RED 15-03-2022 749.53 4.15% SOVEREIGN
7.16% GOVT OF INDIA RED 20-05-2023 679.56 3.76% SOVEREIGN
8.54% RAJASTHAN SDL RED 04-07-2028 378.47 2.10% SOVEREIGN
8.60% GOVT OF INDIA RED 02-06-2028 368.50 2.04% SOVEREIGN
6.68% GOVT OF INDIA RED 17-09-2031 67.21 0.37% SOVEREIGN
7.65% KARNATAKA SDL 29-11-2027 1.52 0.01% SOVEREIGN
IssuerMarket Value
( in Lacs)`
% to NetAssets
Dividend DeclarationRecord Date / periodof dividend declared
Dividend ( per unit)Non-Institutional
` Dividend ( per unit)Institutional
` NAV ( ) per unit(cum dividend)
`
HSBC Regular Savings Fund - Monthly Dividend
HSBC - Monthly Dividend - Direct Plan
HSBC - Quarterly Dividend
HSBC - Quarterly Dividend - Direct Plan
25-May-18 0.07203 0.06670 12.504925-Jun-18 0.07203 0.06670 12.4113
25-May-18 0.07203 0.06670 15.673525-Jun-18 0.07203 0.06670 15.5882
26-Dec-17 0.21668 0.20075 14.415726-Mar-18 0.18057 0.16729 13.7746
25-Jul-18 0.07203 0.06670 12.3998
25-Jul-18 0.07203 0.06670 15.6060
26-Mar-18 0.18057 0.16729 12.8150
25-Jun-18 0.18008 0.16676 13.5637
Regular Savings Fund
Regular Savings Fund
Regular Savings Fund
25-Sep-17 0.21668 0.20075 13.492126-Dec-17 0.21668 0.20075 13.4488
Rating24-Feb-04
CRISIL Hybrid 85+15 -Conservative Index (renamed
from existing MIP BlendedFund Index)
4.93 years
3.67 years
Aditya Khemani(for Equity portion) Sanjay
Shah (for Debt portion)
Available
5,0005,000
1,000 p.m.(SIP)
`
`
35.2061
8.32%
18,470.13
5,000 (Lumpsum)
(Lumpsum)(Lumpsum)
`
`
`
Rating Profile
AAAand equivalents 36.14%
Sovereign 34.11%
Equity 25.10%
Net CurrentAssets 1.85%
AA+/AA-/AAand equivalents 1.72%
Reverse Repos/ CBLOs 1.08%
Total NetAssets 100.00%
Upon payment of dividend, the NAV per unit falls to the extent of payout and statutory levy, if any. Face value: 10 per unit.`
Investors understand that their principalwill be at Moderately High risk
Riskometer
Mod
erately Moderate
Low
Hig
h
Low
High
LOW HIGH
Moderately
HSBC Regular Savings Fund
This product is suitable forinvestors who are seeking*:
• Investment in fixed income(debt and money marketinstruments) as well as equityand equity related securities
• Capital appreciation overmedium to long term
* Investors should consult their financial advisers if in doubtabout whether the product is suitable for them.
In respect of each purchase /switch-in of Units, an ExitLoad of 1% is payable if Units are redeemed / switched-out within 1 year from the date of allotment.
No Exit Load will be charged if Units are redeemed/switched - out after 1 year from the date of allotment.
HSBC Debt FundAn open ended Medium to Long Term Debt Scheme investing in instruments such that the Macaulay duration of the portfolio is between 4 years to 7 years.
Investment Objective: To provide reasonable income through a diversified portfolio of fixed income securities such that the Macaulayduration of the portfolio is between 4 years to 7 years. However, there can be no guarantee that the investment objective of the scheme wouldbe achieved.
32
FUND DETAILS
Date of Allotment
Benchmark
NAV (Growth)(as on )
Average Maturity ofPortfolio
Modified Duration
of Portfolio
Yield To Maturity*
Fund Manager
SIP
Minimum
Application Amount
Exit Load
per unit31.07.18
Monthly Average AUM(In Lakhs)
Month End Total Expenses ratios (Annualized)Regular 1.83%
Direct Plan 1.08%Excludes GST on Investment Management fees of 0.20% ofTotal NetAssets.
Asset Allocation
Government Securities 71.25%
Corporate/ PSU Debt 25.87%
Cash Equivalents 5.79%
Net CurrentAssets -2.91%
Total NetAssets 100.00%
FUND PORTFOLIO
Corporate/ PSU Debt
Corporate Bonds / Debentures
HDFC 299.07 7.17% CRISIL AAA
Tata Sons 294.05 7.05% CRISIL AAA
Reliance Industries 291.66 6.99% CRISIL AAA
National Highways Authority of India 194.35 4.66% CRISIL AAA
7.17% GOVT OF INDIA RED 08-01-2028 1,199.11 28.74% SOVEREIGN
6.84% GOVT OF INDIA RED 19-12-2022 617.57 14.80% SOVEREIGN
6.68% GOVT OF INDIA RED 17-09-2031 380.84 9.13% SOVEREIGN
7.59% GOVT OF INDIA RED 11-01-2026 195.14 4.68% SOVEREIGN
8.54% RAJASTHAN SDL RED 04-07-2028 151.39 3.63% SOVEREIGN
6.79% GOVT OF INDIA RED 15-05-2027 116.13 2.78% SOVEREIGN
8.60% GOVT OF INDIA RED 02-06-2028 114.18 2.74% SOVEREIGN
8.24% GOVT OF INDIA RED 15-02-2027 101.08 2.42% SOVEREIGN
7.16% GOVT OF INDIA RED 20-05-2023 97.08 2.33% SOVEREIGN
Government Securities
Cash Equivalents
CBLO 241.58 5.79%
Net Current Assets -121.46 -2.91%
Total Net Assets as on 31-Jul-2018 4,171.78 100.00%
IssuerMarket Value
( in Lacs)`
% to NetAssets
Rating10-Dec-02
CRISIL Composite BondFund Index
27.6836
6.55 years
4.68 years
8.05%
4,162.71
Sanjay Shah
Available
5,000
1,000 p.m.(SIP)
Nil
`
`
`
(Lumpsum)
Rating Profile
Sovereign 71.25%
AAAand equivalents 25.87%
Reverse Repos/ CBLOs 5.79%
Net CurrentAssets -2.91%
Total NetAssets 100.00%
Dividend DeclarationRecord Date / periodof dividend declared
Dividend ( per unit)Non-Institutional
` Dividend ( per unit)Institutional
` NAV ( ) per unit(cum dividend)
`
HSBC Debt Fund - Regular Option - Quarterly Dividend
HSBC Debt Fund - Institutional Option - Quarterly Dividend
27-Jun-17 0.14445 0.13383 11.2759
25-Sep-17 0.14445 0.13383 11.1079
26-Dec-17 0.14445 0.13383 10.7434
12-Jun-09 0.11387 0.10598 11.0294
11-Sep-09 0.11387 0.10598 10.9960
11-Dec-09 0.11387 0.10598 11.0973
Upon payment of dividend, the NAV per unit falls to the extent of payout and statutory levy, if any. Face value: 10 per unit.`Investors understand that their principal
will be at Moderate risk
Riskometer
Mod
erately Moderate
Low
Hig
h
Low
High
LOW HIGH
Moderately
This product is suitable forinvestors who are seeking*:
• Regular Income over long term
• Investment in diversif iedportfolio of fixed incomesecurit ies such that theMacaulay^ duration of theportfolio is between 4 years to 7years
HSBC Debt Fund
* Investors should consult their financial advisers if in doubt aboutwhether the product is suitable for them.
^ The Macaulay duration is the weighted average term to maturityof the cash flows from a bond. The weight of each cash flow isdetermined by dividing the present value of the cash flow by theprice.
*Based on investedAmount
HSBC Short Duration FundAn open ended Short Term Debt Scheme investing in instruments such that the Macaulay duration of the portfolio is between 1 year to 3 years.
Investment Objective: To provide reasonable income through a diversified portfolio of fixed income securities such that the Macaulayduration of the portfolio is between 1 year to 3 years. However, there can be no assurance or guarantee that the investment objective of thescheme would be achieved.
33
FUND DETAILS
Date of Allotment
Benchmark
NAV (Growth)
(as on )
Average Maturity ofPortfolio
Modified Duration
of Portfolio
Yield To Maturity*
Fund Managers
SIP
Minimum
Application Amount
Exit Load
per unit
31.07.18
Monthly Average AUM(In Lakhs)
Month End Total Expenses ratios (Annualized)
Regular 1.25%
Direct Plan 0.30%
Excludes on Investment Management fees of 0.05% ofTotal NetAssets.
GST
Asset Allocation
Corporate/ PSU Debt 89.58%
Government Securities 4.83%
Net CurrentAssets 3.36%
Money Market Instruments 2.00%
Cash Equivalents 0.23%
Total NetAssets 100.00%
FUND PORTFOLIO
Money Market Instruments
Corporate/ PSU Debt
Government Securities
Cash Equivalents
CBLO 284.17 0.23%
Net Current Assets 4,120.79 3.36%
Total Net Assets as on 31-Jul-2018 1,23,506.11 100.00%
Commercial Paper
Corporate Bonds / Debentures
Zero Coupon Bonds
NABARD 1,500.00 1.21% [ICRA]A1+
Edelweiss Commodities Services 969.53 0.79% CRISIL A1+
Nabha Power 7,508.27 6.08% [ICRA]AAA
Rural Electrification Corporation 7,502.13 6.07% CARE AAA
Volkswagen Finance Pvt 4,986.73 4.04% Fitch AAA
Dewan Housing Finance Corporation 4,985.41 4.04% CARE AAA
HDFC 4,984.54 4.04% CRISIL AAA
Dalmia Cements (Bharat) 4,967.78 4.02% [ICRA]AA
Vedanta 4,927.99 3.99% CRISIL AA
Aditya Birla Finance 4,924.02 3.99% [ICRA]AA+
Energy Efficiency Services 4,918.99 3.98% [ICRA]AA
NABARD 4,871.50 3.94% CRISIL AAA
CLP Wind Farm India Pvt 3,999.43 3.24% Fitch AA
Small Industries Development Bk of India 3,896.54 3.15% CARE AAA
Reliance Industries 2,687.76 2.18% CRISIL AAA
Tata Capital Financial Services 2,508.60 2.03% [ICRA]AA+
LIC Housing Finance 2,492.26 2.02% CRISIL AAA
Small Industries Development Bk of India 2,490.62 2.02% CARE AAA
Tata Capital Financial Services 2,487.36 2.01% [ICRA]AA+
Nabha Power 2,487.10 2.01% [ICRA]AAA(SO)
Shriram Transport Finance Company 2,485.65 2.01% CRISIL AA+
Orix Leasing & Financial Services 2,482.92 2.01% Fitch AAA
Housing & Urban Development Corp 2,477.01 2.01% CARE AAA
Dewan Housing Finance Corporation 2,462.19 1.99% CARE AAA
Talwandi Sabo Power 2,459.32 1.99% CRISIL AA
Indian Railway Finance Corporation 2,457.43 1.99% CRISIL AAA
Power Finance Corporation 2,430.70 1.97% CRISIL AAA
Orix Leasing & Financial Services 2,425.36 1.96% Fitch AAA
Power Finance Corporation 2,420.51 1.96% CRISIL AAA
India Infradebt 1,499.59 1.21% CRISIL AAA
Dewan Housing Finance Corporation 1,494.28 1.21% CARE AAA
Power Grid Corporation of India 1,006.78 0.82% CRISIL AAA
United Spirits 484.49 0.39% CRISIL AA+
Small Industries Development Bk of India 240.34 0.19% CARE AAA
Power Finance Corporation 235.86 0.19% CARE AAA
Housing & Urban Development Corp 223.83 0.18% CARE AAA
Indian Railway Finance Corporation 97.90 0.08% CRISIL AAA
Tube Investments of India 77.59 0.06% CRISIL AA
Rural Electrification Corporation 49.10 0.04% CARE AAA
JM Financial Products 5,514.97 4.47% CRISIL AA
6.79% GOVT OF INDIA RED 15-05-2027 2,670.88 2.16% SOVEREIGN
8.54% RAJASTHAN SDL RED 04-07-2028 1,362.50 1.10% SOVEREIGN
7.37% GOVT OF INDIA RED 16-04-2023 980.50 0.79% SOVEREIGN
6.84% GOVT OF INDIA RED 19-12-2022 964.95 0.78% SOVEREIGN
IssuerMarket Value
( in Lacs)`
% to NetAssets
Rating10-Dec-02
CRISIL Short Term BondFund Index
28.7609
1.96 years
1.59 years
8.64%
1,24,118.66
Sanjay Shah &
Kapil Punjabi
Available
5,000
1,000 p.m.(SIP)
Nil
`
`
`
(Lumpsum)
Rating Profile
AAAand equivalents 59.40%
AA+/AA-/AAand equivalents 32.18%
Sovereign 4.83%
Net CurrentAssets 3.36%
Reverse Repos/ CBLOs 0.23%
Total NetAssets 100.00%
Dividend DeclarationRecord Date / periodof dividend declared
Dividend ( per unit)Non-Institutional
` Dividend ( per unit)Institutional
` NAV ( ) per unit(cum dividend)
`
HSBC Short Duration Fund - Regular Option - Monthly Dividend
HSBC - Monthly Dividend - Direct Plan
HSBC - Institutional Option - Monthly Dividend
HSBC - Institutional Plus Option - Monthly Dividend
25-Apr-18 0.01738 0.01609 11.152825-Jun-18 0.05170 0.04787 11.1932
25-May-15 0.05330 0.04938 12.007825-Jun-15 0.06385 0.05915 11.9934
26-Dec-17 0.14445 0.13383 10.296026-Mar-18 0.07223 0.06692 10.2380
25-Jul-18 0.04911 0.04548 11.1896
27-Feb-17 0.04637 0.04296 11.2799
27-Jul-15 0.05814 0.05387 12.0045
30-Dec-11 0.08478 0.07266 10.120027-Jan-12 0.05533 0.04742 10.086624-Feb-12 0.05663 0.04854 10.0881
Short Duration Fund
Short Duration Fund
Short Duration Fund
HSBC Short Duration Fund - Quarterly Dividend
HSBC Short Duration Fund - Quarterly Dividend- Direct Plan
26-Dec-16 0.07035 0.06518 11.333525-Jan-17 0.05706 0.05286 11.3524
25-Sep-17 0.14445 0.13383 10.3838
25-Jun-18 0.07203 0.06670 10.2430
Upon payment of dividend, the NAV per unit falls to the extent of payout and statutory levy, if any. Face value: 10 per unit.`
Investors understand that their principalwill be at Moderately Low risk
Riskometer
Mod
erately Moderate
Low
Hig
h
Low
High
LOW HIGH
Moderately
This product is suitable forinvestors who are seeking*:
• Regular Income over Mediumterm
• Investment in diversified portfolioof fixed income securities suchthat the Macaulay^ duration ofthe portfolio is between 1 year to3years
HSBC Short Duration Fund
* Investors should consult their financial advisers if in doubt aboutwhether the product is suitable for them.
^ The Macaulay duration is the weighted average term to maturityof the cash flows from a bond. The weight of each cash flow isdetermined by dividing the present value of the cash flow by theprice.
*Based on investedAmount
HSBC Cash FundAn open ended Liquid Scheme
Investment Objective: Aims to provide reasonable returns, commensurate with low risk while providing a high level of liquidity, through aportfolio of money market and debt securities. However, there can be no assurance or guarantee that the investment objective of the schemewould be achieved.
FUND DETAILS
Date of Allotment
Benchmark
NAV (Growth)
(as on )
Average Maturity ofPortfolio
Modified Duration
of Portfolio
Yield To Maturity*
Fund Manager
SIP
Minimum
Application Amount
Sub Options
Exit Load
per unit
31.07.18
Monthly Average AUM(In Lakhs)
Asset Allocation
Money Market Instruments 87.43%
Treasury Bill 9.33%
Fixed Deposit 1.95%
Cash Equivalents 0.92%
Corporate/ PSU Debt 0.39%
Net CurrentAssets -0.02%
Total NetAssets 100.00%
FUND PORTFOLIO
Money Market InstrumentsCertificate of Deposit
Commercial Paper
Corporate Bonds / Debentures
Fixed Deposit
Bank of Baroda 19,430.05 3.04% Fitch A1+Vijaya Bank 17,412.43 2.72% CARE A1+Axis Bank 14,903.99 2.33% [ICRA]A1+IDFC Bank 14,420.23 2.26% [ICRA]A1+Equitas Small Finance Bank 9,987.57 1.56% CRISIL A1+Vijaya Bank 9,972.78 1.56% CARE A1+Vijaya Bank 9,961.88 1.56% CARE A1+Karnataka Bank 9,950.39 1.56% [ICRA]A1+The South Indian Bank 9,950.04 1.56% CARE A1+Union Bank of India 9,491.14 1.48% [ICRA]A1+Axis Bank 7,445.42 1.16% [ICRA]A1+IDFC Bank 2,500.00 0.39% [ICRA]A1+Yes Bank 2,491.16 0.39% [ICRA]A1+IDFC Bank 2,487.80 0.39% [ICRA]A1+AU Small Finance Bank 2,476.13 0.39% Fitch A1+Axis Bank 499.14 0.08% [ICRA]A1+
Arvind 14,913.73 2.33% CARE A1+KEC International 14,904.82 2.33% Fitch A1+JM Financial Products 12,481.21 1.95% [ICRA]A1+HDFC 12,440.37 1.95% CRISIL A1+STCI Finance 12,415.72 1.94% CRISIL A1+Future Retail 9,995.41 1.56% CARE A1+SREI Equipment Finance 9,987.92 1.56% [ICRA]A1+Edelweiss Commodities Services 9,984.96 1.56% CRISIL A1+L & T Finance 9,982.91 1.56% CARE A1+IL & FS Financial Services 9,968.36 1.56% CARE A1+L & T Finance 9,946.67 1.56% CARE A1+National Fertilizers 9,943.88 1.56% [ICRA]A1+IIFL Home Finance 9,941.16 1.55% [ICRA]A1+Arvind 9,927.15 1.55% CARE A1+Future Retail 9,926.86 1.55% CARE A1+Capital First 9,913.22 1.55% CARE A1+Capital First Home Finance 9,910.93 1.55% CARE A1+Indiabulls Housing Finance 9,897.84 1.55% CRISIL A1+Edelweiss Commodities Services 9,895.46 1.55% CRISIL A1+SRF 9,893.42 1.55% CRISIL A1+Mahindra Rural Housing Finance 9,893.01 1.55% Fitch A1+Indiabulls Housing Finance 9,496.33 1.49% CRISIL A1+IL & FS Financial Services 7,938.14 1.24% CARE A1+Edelweiss Commodities Services 7,478.74 1.17% CRISIL A1+SREI Equipment Finance 7,476.89 1.17% [ICRA]A1+Aadhar Housing Finance 7,475.51 1.17% CRISIL A1+India Infoline Finance 7,474.96 1.17% [ICRA]A1+SREI Equipment Finance 7,460.34 1.17% [ICRA]A1+Magma Fincorp 7,454.23 1.17% CRISIL A1+SREI Equipment Finance 5,462.97 0.85% [ICRA]A1+L & T Finance 4,997.80 0.78% CARE A1+Indiabulls Housing Finance 4,994.56 0.78% CRISIL A1+India Infoline Finance 4,993.23 0.78% [ICRA]A1+JK Lakshmi Cement 4,977.89 0.78% CARE A1+IIFL Home Finance 4,973.27 0.78% [ICRA]A1+Edelweiss Commodities Services 4,972.40 0.78% CRISIL A1+Vedanta 4,972.31 0.78% CRISIL A1+Kalpataru Power Transmission 4,972.10 0.78% CARE A1+JM Financial Products 4,968.53 0.78% [ICRA]A1+Ford Credit India Pvt 4,963.41 0.78% CRISIL A1+Indostar Capital Finance 4,962.85 0.78% CRISIL A1+Future Retail 4,961.90 0.78% CARE A1+Sundaram Finance 4,961.63 0.78% [ICRA]A1+Bajaj Electricals 4,959.20 0.78% [ICRA]A1+Bajaj Electricals 4,957.26 0.78% [ICRA]A1+Welspun India 4,956.82 0.78% Fitch A1+JM Financial Capital 4,955.46 0.78% [ICRA]A1+Future Retail 4,936.64 0.77% CARE A1+India Infoline Finance 4,488.86 0.70% [ICRA]A1+ECL Finance 2,994.59 0.47% [ICRA]A1+HDFC 2,497.41 0.39% CRISIL A1+ECL Finance 2,496.58 0.39% [ICRA]A1+JM Financial Capital 2,492.89 0.39% [ICRA]A1+HDFC 2,490.85 0.39% CRISIL A1+Axis Finance 2,487.56 0.39% Fitch A1+HDFC 2,484.47 0.39% CRISIL A1+Bajaj Electricals 2,480.09 0.39% [ICRA]A1+SREI Equipment Finance 2,478.10 0.39% [ICRA]A1+IL & FS Financial Services 2,476.81 0.39% CARE A1+NABARD 500.00 0.08% [ICRA]A1+NABARD 499.40 0.08% Fitch A1+Reliance Jio Infocomm 499.29 0.08% CRISIL A1+Bajaj Finance 498.68 0.08% [ICRA]A1+
Indiabulls Housing Finance 2,502.15 0.39% CARE AAA
RBL Bank 12,500.00 1.95% Fixed Deposit
70 DAYS CASH MAN BILL MAT-21-08-2018 29,896.55 4.68% SOVEREIGN70 DAYS TBILL CMB RED 19-09-2018 29,740.96 4.65% SOVEREIGN
Corporate/ PSU Debt
Fixed Deposit
Treasury Bill
Cash EquivalentsCBLO 5,891.13 0.92%Net Current Assets 306.78 -0.02%Total Net Assets as on 31-Jul-2018 6,39,403.67 100.00%
Issuer Market Value( in Lacs)`
% to NetAssets
Rating04-Dec-02
CRISIL Liquid Fund Index
1768.3292
0.07 years
0.07 years
7.58%
Kapil Punjabi
Available
5,000
1,000 p.m.(SIP)
Growth, Daily Dividend,Reinvestment
Weekly Dividend,Reinvestment,
Monthly Dividend (Payout &Reinvestment)
Nil
`
`
`
6,43,555.24
(Lumpsum)
Rating Profile
AAAand equivalents 87.82%
Sovereign 9.33%
Fixed Deposit 1.95%
Reverse Repos/ CBLOs 0.92%
Net CurrentAssets -0.02%
Total NetAssets 100.00%
Dividend DeclarationRecord Date / periodof dividend declared
Dividend ( per unit)Non-Institutional
` Dividend ( per unit)Institutional
` NAV ( ) per unit(cum dividend)
`
HSBC Cash Fund - Institutional Option - Monthly Dividend
HSBC Cash Fund - Monthly Dividend - Direct Plan
HSBC Cash Fund - Institutional Plus Option - Monthly Dividend
25-May-18 4.00052 3.70450 1005.9703
25-Jun-18 4.56886 4.23079 1006.7593
26-Dec-17 3.67905 3.40857 1013.7255
25-Jun-18 4.77826 4.42469 1044.5199
25-Jul-18 4.40821 4.08203 1006.5363
25-Jul-18 4.61067 4.26950 1044.2872
26-Aug-11 0.04886 0.04686 10.1383
29-Sep-11 0.05876 0.05636 10.1509
28-Oct-11 0.05244 0.05030 10.1428
Upon payment of dividend, the NAV per unit falls to the extent of payout and statutory levy, if any. Face value: 1,000 per unit.`
Month End Total Expenses ratios (Annualized)
Regular 0.14%
Direct Plan 0.08%
Excludes on Investment Management fees of 0.00% of TotalNetAssets.
GST
34
Investors understand that their principalwill be at low risk
Riskometer
M
oderately Moderate
Low
Hig
h
Low
High
LOW HIGH
Moderately
This product is suitable forinvestors who are seeking*:• Overnight Liquidity over short
term• Invests in Money Market
Instruments
HSBC Cash Fund
* Investors should consult their financial advisers if in doubt aboutwhether the product is suitable for them.
*Based on investedAmount
HSBC Low Duration FundAn open ended Low Duration Debt Scheme investing in instruments such that the Macaulay duration of the portfolio is between 6 months to 12 months.
Investment Objective: To seek to provide liquidity and reasonable returns by investing primarily in a mix of debt and money market instruments such that theMacaulay duration of the portfolio is between 6 months to 12 months. However there can be no assurance or guarantee that the investment objective of thescheme would be achieved.
35
FUND DETAILS
Date of AllotmentBenchmark
NAV (Growth)(as on )Average Maturity ofPortfolioModified Durationof PortfolioYield To Maturity*
Fund Managers
SIPMinimumApplication Amount
Sub Options
Exit Load
per unit31.07.18
Monthly Average AUM(In Lakhs)
Asset Allocation
Money Market Instruments 59.44%
Corporate/ PSU Debt 37.60%
Cash Equivalents 4.31%
Net CurrentAssets -1.35%
Total NetAssets 100.00%
** CRISIL Low Duration Debt Index.
(previously named as CRISIL Ultra Short Term Debt Index)(previous benchmark CRISIL Liquid Fund Index - 90%, CRISILShort Term Bond Fund Index - 10%.)
* Based on invested Amount
FUND PORTFOLIO
Money Market Instruments
Certificate of Deposit
Commercial Paper
Corporate Bonds / Debentures
AU Small Finance Bank 2,476.13 4.85% Fitch A1+
AU Small Finance Bank 2,386.19 4.67% CRISIL A1+
Arvind 4,959.65 9.71% CARE A1+
Welspun India 4,941.66 9.67% Fitch A1+
Edelweiss Commodities Services 4,740.95 9.28% CRISIL A1+
Bajaj Electricals 2,471.36 4.84% [ICRA]A1+
Dewan Housing Finance Corporation 2,469.60 4.83% CRISIL A1+
Aadhar Housing Finance 2,468.02 4.83% CRISIL A1+
Edelweiss Commodities Services 1,454.30 2.85% CRISIL A1+
NABARD 1,000.00 1.96% [ICRA]A1+
Indiabulls Housing Finance 499.81 0.98% CRISIL A1+
NABARD 496.74 0.97% [ICRA]A1+
Shriram Transport Finance Company 4,920.67 9.63% CRISIL AA+
Dewan Housing Finance Corporation 3,486.66 6.82% CARE AAA
Tata Capital Financial Services 2,483.98 4.86% [ICRA]AA+
Aditya Birla Finance 2,462.01 4.82% [ICRA]AA+
Energy Efficiency Services 2,459.49 4.81% [ICRA]AA
Orix Leasing & Financial Services 2,425.36 4.75% Fitch AAA
Small Industries Development Bk of India 974.13 1.91% CARE AAA
Corporate/ PSU Debt
Cash Equivalents
CBLO 2,200.56 4.31%
Net Current Assets -676.91 -1.35%
Total Net Assets as on 31-Jul-2018 51,100.33 100.00%
IssuerMarket Value
( in Lacs)`
% to NetAssets
Rating17-Oct-06
**
15.5454
0.73 years
0.64 years
8.17%
53,131.17
Kapil Punjabi
Available
5,000
1,000 p.m.(SIP)
Growth, Daily Dividend,Reinvestment
Weekly Dividend,Reinvestment
Monthly Dividend (Payout &Reinvestment)
Nil
CRISIL Low Duration
Debt Index
`
`
`
(Lumpsum)
Rating Profile
AAAand equivalents 72.92%
AA+/AA-/AAand equivalents 24.12%
Reverse Repos/ CBLOs 4.31%
Net CurrentAssets -1.35%
Total NetAssets 100.00%
Dividend Declaration
Record Date / periodof dividend declared
Dividend ( per unit)Non-Institutional
` Dividend ( per unit)Institutional
` NAV ( ) per unit(cum dividend)
`
HSBC Low Duration Fund - Institutional Option - Monthly Dividend
HSBC Low Duration Fund - Monthly Dividend - Direct Plan
HSBC Low Duration Fund - Institutional Plus Option - Monthly Dividend
25-May-18 0.01318 0.01220 10.1451
25-Jun-18 0.05176 0.04793 10.1987
25-May-18 0.01835 0.01699 10.3552
25-Jun-18 0.05788 0.05360 10.4101
25-Jul-18 0.04283 0.03966 10.1863
28-Jan-11 0.04829 0.04501 10.3821
25-Feb-11 0.04125 0.03845 10.3741
25-Mar-11 0.05214 0.04859 10.3865
25-Jul-18 0.04861 0.04502 10.3972
Upon payment of dividend, the NAV per unit falls to the extent of payout and statutory levy, if any. Face value: 10 per unit.`
Month End Total Expenses ratios (Annualized)
Regular 1.00%
Direct Plan 0.20%
Excludes GST on Investment Management fees of 0.04% of TotalNetAssets.
Investors understand that their principalwill be at Moderately Low risk
Riskometer
Modera
tely Moderate
Low
Hig
h
Low
High
LOW HIGH
Moderately
This product is suitable forinvestors who are seeking*:• Liquidity over short term• Investment in a mix of debt and
money market instruments suchthat the Macaulay^ duration ofthe portfolio is between 6months to 12 months.
HSBC Low Duration Fund
* Investors should consult their financial advisers if in doubt aboutwhether the product is suitable for them.
^ The Macaulay duration is the weighted average term to maturityof the cash flows from a bond. The weight of each cash flow isdetermined by dividing the present value of the cash flow by theprice.
HSBC Flexi Debt FundAn open ended Dynamic Debt Scheme investing across duration.
Investment Objective: Seeks to deliver returns in the form of interest income and capital gains, along with high liquidity, commensurate withthe current view on the markets and the interest rate cycle, through active investment in debt and money market instruments. However therecan be no assurance or guarantee that the investment objective of the scheme would be achieved.
36
FUND DETAILS
Date of Allotment
Benchmark
NAV (Growth)(as on )
Average Maturity ofPortfolio
Modified Duration
of Portfolio
Yield To Maturity*
Fund Manager
SIP
Minimum
Application Amount
Exit Load
per unit31.07.18
Monthly Average AUM(In Lakhs)
Asset Allocation
Government Securities 55.67%
Corporate/ PSU Debt 33.35%
Cash Equivalents 9.46%
Net CurrentAssets 1.52%
Total NetAssets 100.00%
* Based on invested Amount
FUND PORTFOLIO
Corporate/ PSU Debt
Corporate Bonds / Debentures
Tata Sons 1,666.31 9.76% CRISIL AAA
HDFC 1,595.05 9.35% CRISIL AAA
National Highways Authority of India 1,263.30 7.40% CRISIL AAA
Reliance Industries 1,166.65 6.84% CRISIL AAA
6.68% GOVT OF INDIA RED 17-09-2031 1,792.20 10.50% SOVEREIGN
7.17% GOVT OF INDIA RED 08-01-2028 1,409.24 8.26% SOVEREIGN
6.84% GOVT OF INDIA RED 19-12-2022 1,360.58 7.97% SOVEREIGN
8.60% GOVT OF INDIA RED 02-06-2028 1,074.37 6.30% SOVEREIGN
7.37% GOVT OF INDIA RED 16-04-2023 871.27 5.11% SOVEREIGN
7.59% GOVT OF INDIA RED 11-01-2026 780.56 4.57% SOVEREIGN
8.39% RAJASTHAN SDL RED 15-03-2022 749.53 4.39% SOVEREIGN
7.16% GOVT OF INDIA RED 20-05-2023 679.56 3.98% SOVEREIGN
8.54% RAJASTHAN SDL RED 04-07-2028 630.79 3.70% SOVEREIGN
8.24% GOVT OF INDIA RED 15-02-2027 151.62 0.89% SOVEREIGN
Government Securities
Cash Equivalents
CBLO 1,614.29 9.46%
Net Current Assets 259.60 1.52%
Total Net Assets as on 31-Jul-2018 17,064.92 100.00%
IssuerMarket Value
( in Lacs)`
% to NetAssets
Rating05-Oct-07
CRISIL Composite BondFund Index
22.7385
5.43 years
3.90 years
8.08%
17,508.31
Sanjay Shah
Available
5,000 (Lumpsum)
1,000 p.m.(SIP)
Nil
`
`
`
Rating Profile
Sovereign 55.67%
AAAand equivalents 33.35%
Reverse Repos/ CBLOs 9.46%
Net CurrentAssets 1.52%
Total NetAssets 100.00%
Dividend Declaration
Record Date / periodof dividend declared
Dividend ( per unit)Non-Institutional
` Dividend ( per unit)Institutional
` NAV ( ) per unit(cum dividend)
`
HSBC Flexi Debt Fund - Regular Option - Monthly Dividend
HSBC Flexi Debt Fund - Institutional Option - Monthly Dividend
HSBC Flexi Debt Fund - Monthly Dividend - Direct Plan
HSBC Flexi Debt Fund - Regular Option - Quarterly Dividend
HSBC Flexi Debt Fund - Institutional Option - Quarterly Dividend
HSBC Flexi Debt Fund - Quarterly Dividend - Direct Plan
HSBC Flexi Debt Fund - Regular Option - Half Yearly Dividend
HSBC Flexi Debt Fund - Institutional Option - Half-yearly Dividend
HSBC Flexi Debt Fund - Half-yearly Dividend - Direct Plan
26-Apr-13 0.05836 0.04973 10.4949
31-May-13 0.11214 0.10740 10.6718
28-Jun-13 0.03263 0.03125 10.4175
25-Nov-16 0.32168 0.29803 11.0304
27-Jun-17 0.01324 0.01227 10.6036
25-Jun-15 0.18057 0.16729 11.8869
28-Sep-15 0.18057 0.16729 11.9644
27-Mar-17 0.18057 0.16729 11.8718
27-Jun-17 0.14445 0.13383 11.9288
15-Mar-13 0.35236 0.30201 11.6629
27-Mar-17 0.36113 0.33458 12.2875
25-Sep-17 0.36113 0.33458 12.1555
26-Mar-18 0.28891 0.26767 11.4423
27-Mar-17 0.36113 0.33458 11.7165
25-Sep-17 0.36113 0.33458 11.6099
25-Jul-17 0.04532 0.04199 10.6481
25-Aug-15 0.06760 0.06263 10.8080
28-Sep-15 0.09852 0.09127 10.8504
26-Oct-15 0.11441 0.10600 10.8719
25-Mar-15 0.18147 0.16829 12.2052
26-Dec-17 0.18057 0.16729 11.8705
26-Mar-18 0.18057 0.16729 11.5809
26-Mar-18 0.28891 0.26767 10.9480
25-Sep-17 0.18057 0.16729 11.7832
25-Jun-18 0.18008 0.16676 11.3776
14-Sep-12 0.35236 0.30201 11.4315
Upon payment of dividend, the NAV per unit falls to the extent of payout and statutory levy, if any. Face value: 10 per unit.`
Month End Total Expenses ratios (Annualized)
Regular 1.60%Direct Plan 0.85%
Excludes on Investment Management fees of 0.13% of TotalNetAssets.
GST
Investors understand that their principalwill be at Moderate risk
Riskometer
Mod
erately Moderate
Low
Hig
h
Low
High
LOW HIGH
Moderately
This product is suitable forinvestors who are seeking*:
• Regular Income over longterm
• Investment in Debt / MoneyMarket Instruments
HSBC Flexi Debt Fund
* Investors should consult their financial advisers if in doubt aboutwhether the product is suitable for them.
37
HSBC Regular Savings Fund
HSBC Debt Fund
HSBC Short Duration Fund
HSBC Cash Fund
HSBC Low Duration Fund
HSBC Flexi Debt Fund
For Debt portion: Sanjay Shah (from 14 August 2009) & ForEquity portion: Aditya Khemani (from 24 February 2009)
Sanjay Shah (from 09 January 2009)
Sanjay Shah (from 09 January 2009) & Kapil Punjabi (from 23 December 2016)
Kapil Punjabi (from 14 March 2014)
Kapil Punjabi (from 18 October 2014)
Sanjay Shah (from 09 January 2009)
Name of Scheme Fund Manager
Fund Manager’s Experience
Sanjay ShahSenior Vice President Head - Fixed IncomeB. Com, A.C.A., Post Graduate Diploma in Management
Experience:
Over 19 years of experience in research and fund management
HSBC Asset Management (India) Private Ltd
Senior Vice President & Head – Fixed Income from November 2012 to present,
Vice President & Fund Manager, Fixed Income since December 2008 till November 2012.
FIL Fund Management Private Ltd
Credit Analyst from September 2008 to December 2008
Lehman Brothers Structured Financial Services Private Ltd
Vice President, Convertible Products from September 2006 to September 2008
Rabo India Finance Private Ltd
Senior Manager – Credit Risk from July 2004 to September 2006
ICICI Bank Ltd
Manager, Credit Risk from January 2003 to June 2004
SBI Funds Management Private Ltd
Chief Manager, Debt Funds from June 1999 to January 2003
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Kapil Punjabi
Vice President & Fund Manager - Fixed Income
B.M.S, M.M.S (Mumbai University)
Experience:
Over 12 years of experience in research and Fund Management
HSBC Asset Management (India) Private Ltd.
Vice President & Fund Manager - Fixed Income from March 04, 2014 onwards.
Taurus Asset Management Company Limited
Fund Manager Fixed Income from June 07, 2012 to February 27, 2014.
Edelweiss Asset Management Limited
Fund Manager Fixed Income from December 05, 2009 to June 06, 2012.
Edelweiss Securities Limited
Manager - Investments from October 2007 to November 2009
Trans Market Group Research (India) Private Limited
Research Analyst and Proprietary Trader from May 2006 to October 2007.
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Funds Managed by Sanjay Shah (for Debt portion) (Total Schemes Managed 10)Aditya Khemani (for Equity portion) (Total Schemes Managed 2)Funds Managed by
HSBC Regular Savings Fund# Date of Inception : 24 Feb 04
Scheme Name & Benchmarks SinceInception
HSBC Regular Savings Fund - Growth
(CRISIL Hybrid 85+15 - Conservative Index) (Scheme Benchmark)
Crisil 1 Year T-Bill Index (Standard Benchmark)
Crisil 10 Year Gilt Index (Standard Benchmark)
10,000, if invested in HRSF, would have become
10,000, if invested in , wouldhave become
10,000, if invested in Crisil 1 Year T-Bill Index, would have become
10,000, if invested in Crisil 10 Year Gilt Index, would have become
`
`
`
`
CRISIL Hybrid 85+15 - Conservative Index
0.50% 6.10 9.62 9.11
3.16 8.33 10.29 8.14
5.69 6.57 7.36 5.96
-2.90 6.01 6.49 5.24
10,050 11,946 15,833 35,221
10,316 12,716 16,323 30,960
10,569 12,105 14,266 23,072
9,710 11,914 13,696 20,921
% % %
% % % %
% % % %
% % % %
` ` ` `
` ` ` `
` ` ` `
` ` ` `
Past performance may or may not be sustained in the future. Refer note below.
Returns are of growth option. The returns for the respective periods are provided as on Last business day of July 2018 for the respective Schemes.. Standard benchmark is prescribed by SEBI and is used for comparison purposes. Returns on 10,000 are point-to-point returns for the specific
time period, invested at the start of the period. The returns provided above have been rounded off and hence there may be minor differences between point-to-point returns vis-a-vis returns indicated above. Different plans shall have a different expense structure. The performance details provided herein are of other than Direct plan.
Scheme count for the total schemes managed by the Fund Managers does not include closed ended scheme.
Returns 1 year and Aboveare Compounded Annualised `
Fund Manager Wise Comparative Performance of Debt Schemes
38
1 Year 3 Years 5 Years
Funds Managed by - Sanjay Shah (Total Schemes Managed 10)
Funds Managed by - Sanjay Shah (Total Schemes Managed 10)
The said Fund is managed by Effective (14 August 2009)Sanjay Shah
The said Fund is managed by Effective (09 January 2009)Sanjay Shah
The said Fund is managed by Effective (09 January 2009)Sanjay Shah
The said Fund is managed by Effective (24 February 2009)Aditya Khemani
Past performance may or may not be sustained in the future. Refer note below.
HSBC Debt Fund# Date of Inception : 10 Dec 02
Scheme Name & Benchmarks SinceInception
HSBC Debt Fund - Growth
Crisil Composite Bond Fund Index (Scheme Benchmark)
Crisil 10 Year Gilt Index (Standard Benchmark)
10,000, if invested in HDF, would have become
10,000, if invested in Crisil Composite Bond Fund Index, would have become
10,000, if invested in Crisil 10 Year Gilt Index, would have become
`
`
`
-1.31 5.05 6.51 6.72
1.48 7.52 8.81 6.61
-2.90 6.01 6.49 5.76
9,869 11,594 13,710 27,671
10,148 12,432 15,256 27,228
9,710 11,915 13,697 24,022
% % % %
% % % %
% % % %
` ` ` `
` ` ` `
` ` ` `
1 Year 3 Years 5 Years
HSBC Flexi Debt Fund Date of Inception: 05 Oct 07
Scheme Name & Benchmarks SinceInception
HSBC Flexi Debt Fund - Growth
Crisil Composite Bond Fund Index (Scheme Benchmark)
Crisil 10 Year Gilt Index (Standard Benchmark)
10,000, if invested in HFDF, would have become
10,000, if invested in Crisil Composite Bond Fund Index, would have become
10,000, if invested in Crisil 10 Year Gilt Index, would have become
`
`
`
-0.85 5.48 6.96 7.89
1.48 7.52 8.81 7.51
-2.90 6.01 6.49 6.37
9,915 11,737 14,002 22,742
10,148 12,432 15,256 21,890
9,710 11,915 13,697 19,506
% % % %
% % % %
% % % %
` ` ` `
` ` ` `
` ` ` `
Past performance may or may not be sustained in the future. Refer note below.
1 Year 3 Years 5 Years
Performance of the respective benchmark is calculated as per the Total Return Index (TRI)
#Pursuant to the circular issued by SEBI on ‘Categorization and Rationalization of the Schemes, there has been change in the fundamental attribute(s) of the aforesaid
effective from Mar 14, 2018.
Fund Manager Wise Comparative Performance of Debt Schemes
39
Past performance may or may not be sustained in the future. Refer note below.
Funds Managed by Sanjay Shah (Total Schemes Managed 10)Funds Managed by Kapil Punjabi (Total Schemes Managed 3)
HSBC Short Duration Fund# Date of Inception : 10 Dec 02
Scheme Name & Benchmarks SinceInception
HSBC Short Duration Fund - Growth
Crisil Short Term Bond Fund Index (Scheme Benchmark)
Crisil 1 Year T-Bill Index (Standard Benchmark)
10,000, if invested in HSDF, would have become
10,000, if invested in Crisil Short Term Bond Fund Index, would have become
10,000, if invested in Crisil 1 Year T-Bill Index, would have become
`
`
`
4.18 6.68 7.84 6.98
4.69 7.46 8.54 7.06
5.69 6.57 7.36 5.91
10,418 12,143 14,588 28,745
10,469 12,412 15,068 29,083
10,569 12,105 14,266 24,561
% % % %
% % % %
% % % %
` ` ` `
` ` ` `
` ` ` `
1 Year 3 Years 5 Years
The returns for the respective periods are provided as on . Returns 1 year and Above are Compounded Annualised.Standard benchmark is prescribed by SEBI and is used for comparison purposes. Returns on 10,000 are point-to-point returns for the specific time period, invested at the startof the period. The returns provided above have been rounded off and hence there may be minor differences between point-to-point returns vis-a-vis returns indicated above.Different plans shall have a different expense structure. The performance details provided herein are of other than Direct plan.Scheme count for the total schemes managed by the Fund Managers does not include closed ended scheme.
Last business day of July 2018 for the respective Schemes`
* Benchmark of the scheme is changed to CRISILUltra Short Term Debt Index effective 14 March 2018, which is now renamed to Crisil Low Duration Debt Index.
HSBC Cash Fund@ Date of Inception: 04 Dec 02
Scheme Name & Benchmarks 1 Year 3 Years 5 Years SinceInception
HSBC Cash Fund - Growth
Crisil Liquid Fund Index (SchemeBenchmark)
Crisil 91 Day T-Bill Index (StandardBenchmark)
`
`
`
10,000, if invested in HCF, would havebecome
10,000, if invested in Crisil Liquid FundIndex, would have become
10,000, if invested in Crisil 91 Day T-BillIndex, would have become
HSBC Low Duration Fund#$ Date of Inception :17 Oct 06
Scheme Name & Benchmarks SinceInception
HSBC Low Duration Fund - Growth
CRISIL Low Duration Debt Index (Scheme Benchmark)*
Crisil 1 Year T-Bill Index (Standard Benchmark)
10,000, if invested in HLDF, would have become
10,000, if invested in , would have become
10,000, if invested in Crisil 1 Year T-Bill Index, would have become
`
`
`
CRISIL Low Duration Debt Index
Past performance may or may not be sustained in the future. Refer note below.
Last 7 Daysas on 31July 2018
Last 15 Daysas on 31July 2018
Last 30 Daysas on 31July 2018
7.29 7.25 7.34 7.01 7.25 8.05 8.23
6.65 6.22 7.03 7.04 7.22 8.11 8.13
6.70 6.01 6.38 6.47 6.77 7.71 7.71
10,014 10,030 10,060 10,701 12,339 14,730 17,687
10,013 10,026 10,058 10,704 12,329 14,771 17,563
10,013 10,025 10,052 10,647 12,174 14,500 7.082
% % % % % % %
% % % % % % %
% % % % % % %
1
` ` ` ` ` ` `
` ` ` ` ` ` `
` ` ` ` ` ` `
Past performance may or may not be sustained in the future. Refer note below.
Funds Managed by - Kapil Punjabi (Total Schemes Managed 3)
Funds Managed by - Kapil Punjabi (Total Schemes Managed 3)
1 Year 3 Years 5 Years
The said Fund is managed by Effective (09 January 2009)Sanjay ShahThe said Fund is managed by Effective (23 December 2016)Kapil Punjabi
The said Fund is managed by Effective (18 October 2014)Kapil Punjabi
The said Fund is managed by Effective (14 March 2014)Kapil Punjabi
5.83 6.90 7.89 7.86
6.56 7.80 8.76 8.58
5.69 6.57 7.36 7.02
10,583 12,218 14,622 15,549
10,656 12,530 15,221 16,168
10,569 12,105 14,266 14,856
% % % %
% % % %
% % % %
` ` ` `
` ` ` `
` ` ` `
Performance of the respective benchmark is calculated as per the Total Return Index (TRI)
#Pursuant to the circular issued by SEBI on ‘Categorization and Rationalization of the Schemes, there has been change in the fundamental attribute(s) of the aforesaideffective from Mar 14, 2018.
@Pursuant to SEBI circular dated Sept 13, 2012, certain Plans / Options within the schemes have been discontinued to comply with a single plan structure. Since there was no
continuous NAV history available for the surviving Plan prior to 19 May 2011, returns since the said date have been considered for calculating performance. The inception dateof HSBC Cash Fund however is 4 December 2002.
$Pursuant to SEBI circular dated Sept. 13, 2012, certain Plans / Options within the schemes have been discontinued to comply with a single plan structure.Since there was nocontinuous NAV history available for the surviving Plan prior to 1 October 2012, returns since the said date have been considered for calculating performance. The inceptiondate of HSBC Ultra Short Term Bond Fund however is 17 October 2006.
Fund Manager
ApplicationAmount for Fresh Subscription
MinimumAdditionalAmount
Yield to Maturity
SIP
NAV
Benchmark
Entry Load
Exit Load
Modified Duration
Standard Deviation
Sharpe Ratio
Beta
AUM
Holdings
Nature of Scheme
Rating Profile
An employee of the asset management company such as a mutual fund or life insurer, who manages investments of the scheme. He isusually part of a larger team of fund managers and research analysts.
This is the minimum investment amount for a new investor in a mutual fund scheme,
This is the minimum investment amount for an existing investor in a mutual fund scheme.
The Yield to Maturity or the YTM is the rate of return anticipated on a bond if held until maturity. YTM is expressed as an annual rate. The YTMfactors in the bond's current market price, par value, coupon interest rate and time to maturity.
SIP or systematic investment plan works on the principle of making periodic investments of a fixed sum. It works similar to a recurring bankdeposit. For instance, an investor may opt for an SIP that invests 500 every 15 of the month in an equity fund for a period of three years.
The NAV or the net asset value is the total asset value per unit of the mutual fund after deducting all related and permissible expenses. TheNAV is calculated at the end of every business day. It is the value at which the investor enters or exits the mutual fund.
Agroup of securities, usually a market index, whose performance is used as a standard or benchmark to measure investment performance ofmutual funds, among other investments. Some typical benchmarks include the Nifty, Sensex, BSE200, BSE500, 10-Year Gsec.
Amutual fund may have a sales charge or load at the time of entry and/or exit to compensate the distributor/agent. Entry load is charged at thetime an investor purchases the units of a mutual fund. The entry load is added to the prevailing NAV at the time of investment. For instance, ifthe NAV is 100 and the entry load is 1%, the investor will enter the fund at 101.
Exit load is charged at the time an investor redeems the units of a mutual fund. The exit load is deducted from the prevailing NAV at the time ofredemption. For instance, if the NAV is Rs 100 and the exit load is 1%, the redemption price would be 99 per unit.
Modified duration is the price sensitivity and the percentage change in price for a unit change in yield.
Standard deviation is a statistical measure of the range of an investment's performance. When a mutual fund has a high standard deviation,its means its range of performance is wide, implying greater volatility.
The Sharpe Ratio, named after its founder, the Nobel Laureate William Sharpe, is a measure of risk-adjusted returns. It is calculated usingstandard deviation and excess return to determine reward per unit of risk.
Beta is a measure of an investment's volatility vis-a-vis the market. Beta of less than 1 means that the security will be less volatile than themarket.Abeta of greater than 1 implies that the security's price will be more volatile than the market.
AUM or assets under management refers to the recent I updated cumulative market value of investments managed by a mutual fund or anyinvestment firm.
The holdings or the portfolio is a mutual fund's latest or updated reported statement of investments/securities. These are usually displayed interms of percentage to net assets or the rupee value or both. The objective is to give investors an idea of where their money is being investedby the fund manager.
The investment objective and underlying investments determine the nature of the mutual fund scheme. For instance, a mutual fund that aimsat generating capital appreciation by investing in stock markets is an equity fund or growth fund. Likewise, a mutual fund that aims at capitalpreservation by investing in debt markets is a debt fund or income fund. Each of these categories may have sub-categories.
Mutual funds invest in securities after evaluating their creditworthiness as disclosed by the ratings. A depiction of the mutual fund in variousinvestments based on their ratings becomes the rating profile of the fund. Typically, this is a feature of debt funds.
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th
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Note: SEBI, vide circular dated June 30, 2009 has abolished entry loan and mandated that the upfront commission to distributors will be paid by the investor directly to thedistributor, based on his assessment of various factors including the services rendered by the distributor.
Section II - How to read Factsheet
40
All returns have been sourced from MutualFundsIndia Explorer software unless otherwise stated. With regard to equity
schemes (including the equity component of MIPs), Fund performance is calculated on a total return basis (i.e. it includes
dividends re-invested) while the benchmark is calculated on a price return basis (i.e. it does not consider dividends re-
invested).
This document has been prepared by HSBCAsset Management (India) Private Ltd (HSBC) for information purposes only and
should not be construed as an offer or solicitation of an offer for purchase of any of the funds of HSBC Mutual Fund. All
information contained in this document (including that sourced from third parties), is obtained from sources HSBC, the third
party believes to be reliable but which it has not independently verified and HSBC, the third party makes no guarantee,
representation or warranty and accepts no responsibility or liability as to the accuracy or completeness of such information.
The information and opinions contained within the document are based upon publicly available information and rates of
taxation applicable at the time of publication, which are subject to change from time to time. Expressions of opinion are those of
HSBC only and are subject to change without notice. It does not have regard to specific investment objectives, financial
situation and the particular needs of any specific person who may receive this document. Investors should seek financial
advice regarding the appropriateness of investing in any securities or investment strategies that may have been discussed or
recommended in this report and should understand that the views regarding future prospects may or may not be realized.
Neither this document nor the units of HSBC Mutual Fund have been registered in any jurisdiction. The distribution of this
document in certain jurisdictions may be restricted or totally prohibited and accordingly, persons who come into possession of
this document are required to inform themselves about, and to observe, any such restrictions. Mutual fund investments are
subject to market risks. Please read the Scheme Information Document carefully before investing.
Investors should not invest in the Scheme solely based on the information provided in this document and should read the
Combined Scheme Information Document and, Statement of Additional Information of the Fund for details. This document
does not constitute an offering document.
No part of this publication may be reproduced, stored in a retrieval system, or transmitted, on any form or by any means,
electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of HSBC Asset
Management (India) Private Ltd.
1800-200-2434 OR +91 44 39923900 to connect to our customer care centre.
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Mutual Fund investments are subject to market risks, read all scheme related documents carefully.
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Statutory Details & Disclaimers