The AssetFactsheet – February 2016
Index
Fund Manager Commentary
HSBC Equity Fund
HSBC India Opportunities Fund
HSBC Midcap Equity Fund
HSBC Infrastructure Equity Fund
HSBC Tax Saver Equity Fund
HSBC Dividend Yield Equity Fund
HSBC Emerging Markets Fund
HSBC Brazil Fund
HSBC Managed Solutions India - Growth
HSBC Managed Solutions India - Moderate
HSBC Managed Solutions India - Conservative
Fund Managers - Equity
Comparative Performance of Equity Schemes
HSBC MIP - Savings Plan
HSBC MIP - Regular Plan
HSBC Income Fund - Investment Plan
HSBC Income Fund - Short Term Plan
HSBC Floating Rate Fund - Long Term Plan
HSBC Cash Fund
HSBC Dynamic Fund
HSBCAsia Pacific (Ex Japan) Dividend Yield Fund
HSBC Global Consumer Opportunities Fund
SIP Performance of Equity Schemes
HSBC Ultra Short Term Bond Fund
HSBC Flexi Debt Fund
Fund Managers - MIP & Debt
Comparative Performance of MIP & Debt Schemes
Section II - How to read Factsheet
01
05
06
07
08
09
10
11
12
13
14
15
16
17
19
21
25
30
31
32
33
34
35
36
37
38
39
42
18
Fiscal prudence is the key takeaway of the budget
Food prices continue to pinch
Before the budget there were concerns about how the finance minister would balance the fiscal deficit target of 3.5%. There
was a temptation to raise taxes. As a mark of fiscal prudence, the finance minister did not deviate from the 3.5% fiscal deficit
target nor did he raise tax rates to bridge the fiscal deficit.
In the absence of a leg up from direct tax, the onus would be on non-tax revenues to boost income. However, if this doesn't
materialize, there could be slippages in meeting the fiscal deficit target.
Likewise the disinvestment target of INR 56,500 crores is seemingly ambitious considering that less than half of this year's
disinvestment target of INR 69,500 crores (or INR 25,312 crores to be precise) has been met. Again, failure to meet the
disinvestment target for next year can be a dampener on the fiscal deficit.
With the government's renewed focus on fiscal prudence, there is now a possibility of an interest rate cut between now and the
April 2016 credit policy.
The Consumer Price Index (CPI) inched marginally higher to 5.7% in January 2016 from 5.6% in December 2015 with food
inflation again hurting.
Also, core inflation eased slightly as fuel inflation fell along with inflation in some food items like pulses.
Health and education, accounting 20% in the overall index, have seen the slowest decline in prices. At 6.6%, there has been
marginal decline in inflation for these items (down only 30 basis points) so far in the current financial year. The central bank has
also taken note of the stickiness in prices of these items mainly due to lack of quality supply.
The Wholesale Price Index (WPI) dipped 0.9% year-on-year (YoY) – the 15 month in succession that we have seen a decline.
It fell 0.73% in the previous month.
Source: Bloomberg; Reserve Bank of India (RBI)
Economic Indicators
th
Source: Bloomberg; Central Statistical Organization (CSO) India
Repo Rate Movement
Repo Rate
Fund Manager Commentary
01
CPI Inflation (%)
Consumer Price Index (CPI)
4.00%
5.00%
6.00%
7.00%
8.00%
9.00%
10.00%
Jul/07
Sep/0
7D
ec/0
7M
ar/
08
Jun/0
8S
ep/0
8D
ec/0
8M
ar/
09
Jun/0
9S
ep/0
9D
ec/0
9M
ar/
10
Jun/1
0S
ep/1
0D
ec/1
0M
ar/
11
Jun/1
1S
ep/1
1D
ec/1
1M
ar/
12
Jun/1
2S
ep/1
2D
ec/1
2M
ar/
13
May/1
3A
ug/1
3N
ov/1
3F
eb/1
4M
ay/1
4A
ug/1
4N
ov/1
4F
eb/1
5M
ay/1
5A
ug/1
5N
ov/1
5F
eb/1
6
0
1
2
3
4
5
6
7
8
9
10
Jan
-14
Mar
-14
May
-14
Jul-
14
Sep
-14
No
v-1
4
Jan
-15
Mar
-15
May
-15
Jul-
15
Sep
-15
No
v-1
5
Jan
-16
Industrial production shrinks
External
Global Economic Scenario
Equity Market Update
The Index of Industrial Production (IIP) growth slowed to -1.3% in December 2015 (it was -3.2% in November 2015). Decline in
manufacturing output (down 2.4%) was the primary reason for the slowdown. It might have been worse but for marked
improvement in the mining and electricity sectors – the two bright spots in the index. While earlier estimates forecast a
turnaround in IIP after the holiday season, which saw lower number of working days, this is clearly not the case.
Based on use-based classification, capital goods (down 19.7%) saw the sharpest drop - a cause for some concern. Consumer
goods output nudged higher by 2.8%, with consumer durable sub-category surging 16.5%.
Source: Bloomberg; Central Statistical Organization (CSO) India
Institutional Fund Flows
The outflow trend from the Foreign Institutional Investor (FII) segment continued through February 2016 as they net sold equities worth
~USD 1.2 billion. Since the start of the calendar year, the FII segment has seen net outflows to the tune of ~USD 2.9 billion (for the 2 months of
January & February 2016). The Domestic Institutional Investors (DII) on the other hand continued to compensate the FII outflows and net
bought domestic equities worth ~USD 1.5 billion during the month contributed by both segments viz., MFs (~USD 721 million) and insurers
(~USD 814 million). The DII tally for the first months of 2016 stood at ~USD 3.4 billion of inflows and essentially covered well for the outflows
of the FIIs and also continued to accumulate equities during the correction phase.
Trade deficit in January 2016 settled at USD 7.7 billion from USD 11.7 billion in December 2015.
In a streak that has continued for 14 months now, exports fell 13.6% to USD 21.1 billion in January 2016. The decline is lower however, for the
second successive month.
The sustained decline in oil prices is hurting the country's oil exports, down 35.2% in January 2016. Non-oil exports (capital goods) were
down 10.5%, which is also higher month-on-month (MoM). Higher imports of capital goods could presage an industrial revival so a decline is
not good news. On the flipside, gems and jewellery exports saw positive growth (up 3.9%) after declining over the previous four months.
Gold imports moderated with the conclusion of the festive season.
Global markets continue to look at the situation in China with anxiety. Japan has been taking some abnormal measures to tide over the
uncertain outlook for emerging markets, especially China and the falling oil prices. Bank of Japan (BoJ) announced that it would cut its
benchmark interest rate below zero, to -0.1% during end of January 2016. The Japanese central bank is following the lead of some central
banks in Europe that have already resorted to this, including the European Central Bank (ECB), which first implemented it in 2014.
Mid & Small cap indices underperform large caps
The mid & small caps have significantly outperformed large caps over the last 2 years, but we are seeing a reversal to this trend with large
caps falling lower compared to mid & small caps and have outperformed the latter since the start of this calendar year (CY2016). During
February 2016, the S&P BSE Midcap and S&P BSE Smallcap indices slumped 8.1% and 12.2% respectively while the large cap market
indices viz., S&P BSE Sensex and Nifty fared relatively better, down 7.5% and 7.6% respectively.
Trade deficit narrows, but exports remain a concern
Fund Manager Commentary
02
-6.0%
-4.0%
-2.0%
0.0%
2.0%
4.0%
6.0%
8.0%
10.0%
12.0%
Jan
/13
Feb
/13
Ma
r/1
3
Ap
r/1
3
Ma
y/1
3
Jun
/13
Jul/
13
Au
g/1
3
Se
p/1
3
Oct
/13
No
v/1
3
De
c/1
3
Jan
/14
Feb
/14
Ma
r/1
4
Ap
r/1
4
Ma
y/1
4
Jun
/14
Jul/
14
Au
g/1
4
Se
p/1
4
Oct
/14
No
v/1
4
De
c/1
4
Jan
/15
Feb
/15
Ma
r/1
5
Ap
r/1
5
Ma
y/1
5
Jun
/15
Jul/
15
Au
g/1
5
Se
p/1
5
Oct
/15
No
v/1
5
De
c/1
5
Index of Industrial Production (IIP)
IIP YoY Growth (New Series; base 2004- 05)
03
Focus now on March 2016 quarter results
Source:
The banking stocks were hit badly especially, the PSU banks due to concerns of higher than estimated Non Performing Assets (NPA) in their
books. The RBI's Asset Quality Review (AQR) exercise compelled the banks to recognise a portion of their loans extended to weak
companies as NPAs and make higher provisions. This has created a great deal of uncertainty about the true levels of NPAs in the Indian
banking system, additional provisions and capital requirement in the case of certain banks. Since many of the PSU banks do not feature in the
large cap market indices we saw these indices relatively insulated from the fall in PSU bank stocks; however the broader market indices
performance was impacted because of this.
Focus will now shift to the March-16 quarter results which will start coming out from earlyApril-16.
There has been a steady improvement across various macro indicators over the past couple of years and the latest budget reaffirms the
government's focus on the fiscal consolidation front and the adherence to the fiscal deficit target. This reiterates our view that macro-wise,
India is on a better footing vis-à-vis other emerging markets. Equities continue to be an enduring long-term solution for wealth creation and
meeting long-term financial goals.
The union budget was to be a key event for rolling out the fiscal road map and this has been achieved quite successfully with the government
retaining the earlier target of 3.5% fiscal deficit for financial year 2016-17 (FY17). There are expectations now that the RBI may continue with
the monetary easing cycle with the government's commitment to the fiscal consolidation process evident in the budget document. The thrust
of the budget document is on agriculture and farmer welfare, rural sector development and the social sector and these measures are likely to
revive rural demand from a medium to long term perspective.Also, the underpinnings of the policy document seem to be pointing at execution
rather than grandeur announcements and hence it is a departure from the past as the thought and resources are being put where the heart is.
This includes rural, social and agricultural sectors.
The economic survey conducted by the Ministry of Economic Research forecasts 7.0% to 7.75% GDP growth for the next fiscal.
The supply demand mismatch is reflecting in bond yields. There is excessive bond supply without adequate buying interest. The situation is
expected to remain on these lines, which paints a bleak picture of things to come. The demand supply mismatch has impacted the State
Development Loans (SDL) auction cut-off, which is seeing 80-90 basis points (bps) differential rather than the more realistic 50-60 bps
disparity.
We believe the way forward is to be invested in a neutral / balanced duration fund, since overweight duration could hurt the fund and under
duration could prove counterproductive as we expect rate cuts in the not-so-distant future.
With a key prerequisite of the RBI being met in the 3.5% fiscal deficit target, we may well see a rate cut between now and theApril credit policy
statement. Yields were already high in the past month or so, and the post-budget rally will have come as a welcome payback.
Notwithstanding that, the RBI is yet to officially comment on the budget, there are other factors involved in the central bank's decision on rate
cuts. The most important one apart from the inflation is the monsoon forecast. The RBI may keep a close tab on the initial forecast, which has
already started trickling in.
The yield curve is showing all signs of maintaining a steep trajectory mainly due to gross bond supply from Centre and State issuances in the
next financial year adding up to INR 10 lakh crores. The power DISCOM restructuring plan should see launch of Ujwal DISCOM Assurance
Yojana (UDAY) bonds. Cumulatively, this is likely to outstrip demand for duration bonds. We reiterate our belief to stay in neutral duration or at
the short to middle end.
Bloomberg; Bombay Stock Exchange (BSE)
Equity Market – Outlook
Debt Market – Update
Debt Market – Outlook
Source: Bloomberg, for all data except where mentioned otherwise
Fund Manager Commentary
-14.0%
-12.0%
-10.0%
-8.0%
-6.0%
-4.0%
-2.0%
0.0%
Sensex BSE100 BSE200 BSE500 BSE MidCap BSE SmallCap
Indices Performance - Feb 2016
04
Fund Manager Commentary
Consumer Discretionary
Consumer Staples
Energy
Financials
Healthcare
Industrials
Information Technology
Materials
Telecommunication
Utilities
Sectors HSBCEquityFund
HSBC IndiaOpportunities
Fund
HSBCMidcap
Equity Fund #
Overweight Underweight Neutral
# The S&P BSE Midcap Index was reconstituted in mid of April ’2015 and hence the relative sector positioning of the fund vs. the benchmark has changed.
Review: HSBC Equity FundBeing overweight financials, information technology and underweight utilities helped performance while being overweight consumer
discretionary and underweight consumer staples, industrials, materials, telecommunication hurt performance.
Review: HSBC India Opportunities FundBeing overweight consumer discretionary, financials, information technology and underweight energy, utilities helped performance while
being underweight consumer staples, materials & telecommunication hurt performance.
Review: HSBC Midcap Equity FundBeing overweight consumer discretionary and underweight financials, telecommunication, utilities helped performance while being
overweight industrials, information technology, materials and underweight consumer staples, healthcare hurt performance.
Review: HSBC Dynamic FundThe cash levels and sector allocation in the fund are likely to change depending on the market conditions and technical factors.
Review: HSBC MIP Regular and Savings PlansOur current exposure is 14.14% in HMIP Regular and 23.32% in HMIP Savings. Currently it is more biased towards large caps than mid or
small caps.
HSBC Equity Fund (HEF)An Open Ended Diversified Equity Scheme
Investment Objective: Aims to generate long term capital growth from an actively managed portfolio of equity and equityrelated securities.
05
FUND DETAILS
Weighted Average Monthly Total Expenses ratios(Annualized)
Portfolio Turnover
Regular 2.40%
Direct Plan 1.70%
0.98
Excludes service tax on Investment Management fees of 0.25%of Total NetAssets.
Asset Allocation
Auto 6.15%AutoAncillaries 2.78%Banks 23.56%Cement 2.78%Construction 1.57%Construction Project 3.67%Consumer Non Durables 6.34%Finance 6.28%Minerals/Mining 1.56%Pesticides 2.56%Petroleum Products 5.67%Pharmaceuticals 9.89%Power 2.00%Retailing 1.07%Software 16.82%Textile Products 3.40%Other Equity Investments 2.13%Reverse Repos/CBLOs 1.32%Net CurrentAssets 0.45%Total NetAssets 100.00%
Statistical ratios disclosed as per monthly returns (absolute) forthe last 3 years.
@ Effective from March 1, 2013 for prospective investments.
**Risk free rate: 6.96% (FIMMDA-NSE Mibor) as on February 29,2016)
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
Tata Motors 2,697.30 4.52%
Maruti Suzuki India 970.95 1.63%
MRF 976.41 1.64%
Motherson Sumi Systems 679.50 1.14%
HDFC Bank 5,345.18 8.95%
Yes Bank 2,859.35 4.79%
ICICI Bank 2,280.60 3.82%
Indusind Bank 2,075.00 3.48%
Axis Bank 1,503.00 2.52%
Ultratech Cement 1,661.16 2.78%
J.Kumar Infraprojects 936.31 1.57%
Voltas 1,117.00 1.87%
Larsen & Toubro 1,076.00 1.80%
ITC 2,956.50 4.95%
Hindustan Unilever 830.40 1.39%
Bajaj Finance 1,483.01 2.48%
Bajaj Finserv 1,208.93 2.02%
HDFC 1,060.30 1.78%
Coal India 933.00 1.56%
UPL 1,526.60 2.56%
Reliance Industries 3,383.28 5.67%
Sun Pharmaceutical Industries 2,134.75 3.58%
Glenmark Pharmaceuticals 1,471.30 2.46%
Lupin 1,315.91 2.20%
Aurobindo Pharma 983.48 1.65%
NTPC 1,195.00 2.00%
Aditya Birla Fashion & Retail 640.75 1.07%
Infosys 5,420.25 9.08%
HCL Technologies 2,439.75 4.09%
Tata Consultancy Services 2,176.80 3.65%
Welspun India 2,029.63 3.40%
Auto Ancillaries
Banks
Cement
Construction
Construction Project
Consumer Non Durables
Finance
Minerals/Mining
Pesticides
Petroleum Products
Pharmaceuticals
Power
Retailing
Software
Textile Products
Other Equity Investments 1,273.21 2.13%
Cash Equivalents
CBLO 788.55 1.32%
Net Current Assets 277.37 0.45%
Total Net Assets as on 29-Feb-2016 59,706.51 100.00%
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 Equity Fund - Dividend
22-Feb-13 2.50000 2.50000 26.1962
27-Jun-14 2.50000 2.50000 31.2065
22-Feb-13 2.50000 2.50000 26.2505
27-Jun-14 2.50000 2.50000 31.5845
10-Nov-15 3.70000 3.70000 30.0806
10-Nov-15 3.70000 3.70000 29.4046
HSBC Equity Fund - Dividend - Direct Plan
Date of Allotment
Benchmark
NAV (Growth)(as on 29.02.16)
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-02
S&P BSE 200
125.3281
62,071.91
Neelotpal Sahai
Available
10,000
1,000 p.m.(SIP)
Nil
4.68%
`
`
`
0.9770
-0.0196
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 equity andequity related securities
HSBC Equity Fund (HEF)
* Investors should consult their financial advisers if in doubt aboutwhether the product is suitable for them.
HSBC India Opportunities Fund (HIOF)
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
06
FUND DETAILS
Weighted Average Monthly Total Expenses ratios(Annualized)
Portfolio Turnover
Regular 2.48%
Direct Plan 1.73%
0.62
Excludes service tax on Investment Management fees of 0.18%of Total NetAssets.
Asset Allocation
Auto 6.20%
AutoAncillaries 2.80%
Banks 23.32%
Chemicals 1.62%
Construction 2.41%
Construction Project 1.24%
Consumer Non Durables 5.55%
Finance 7.12%
Industrial Products 2.17%
Pesticides 1.85%
Petroleum Products 4.69%
Pharmaceuticals 7.58%
Software 14.87%
Textile Products 6.63%
Other Equity Investments 9.01%
Reverse Repos/CBLOs 3.31%
Net CurrentAssets -0.37%
Total NetAssets 100.00%
Statistical ratios disclosed as per monthly returns forthe last 3 years.
(absolute)
**Risk free rate: 6.96% (FIMMDA-NSE Mibor) as on February 29,2016)
@ Effective from March 1, 2013 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
Eicher Motors 1,512.05 3.26%
Tata Motors 1,363.64 2.94%
Apollo Tyres 789.25 1.70%
Motherson Sumi Systems 509.63 1.10%
HDFC Bank 3,887.40 8.39%
Yes Bank 2,067.00 4.46%
Axis Bank 1,766.03 3.81%
Indusind Bank 1,660.00 3.58%
ICICI Bank 1,425.38 3.08%
Vinati Organics 750.50 1.62%
KNR Constructions 576.75 1.24%
Ahluwalia Contracts (India) 541.25 1.17%
Power Mech Projects 575.00 1.24%
ITC 2,069.55 4.47%
Hindustan Unilever 498.24 1.08%
Bajaj Finance 1,483.01 3.20%
SKS Microfinance 1,087.09 2.35%
Bajaj Finserv 725.36 1.57%
Supreme Industries 1,005.23 2.17%
UPL 858.71 1.85%
Reliance Industries 2,174.96 4.69%
Torrent Pharmaceuticals 1,261.00 2.72%
Aurobindo Pharma 1,147.39 2.48%
Glenmark Pharmaceuticals 1,103.48 2.38%
Infosys 3,414.76 7.37%
HCL Technologies 1,951.80 4.21%
Tata Consultancy Services 1,523.76 3.29%
Welspun India 1,745.48 3.77%
Arvind 715.95 1.55%
Indian Terrain Fashions 605.55 1.31%
Auto Ancillaries
Banks
Chemicals
Construction
Construction Project
Consumer Non Durables
Finance
Industrial Products
Pesticides
Petroleum Products
Pharmaceuticals
Software
Textile Products
Other Equity Investments 4,177.28 9.01%
Cash Equivalents
CBLO 1,531.75 3.31%
Net Current Assets -165.80 -0.37%
Total Net Assets as on 29-Feb-2016 46,338.39 100.00%
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 India Opportunities Fund - Dividend
HSBC India Opportunities Fund - Dividend Direct Plan
27-Jun-14 1.50000 1.50000 23.2323
17-Mar-15 2.70000 2.70000 27.0820
27-Jun-14 1.50000 1.50000 23.5020
17-Mar-15 1.50000 1.50000 27.5575
10-Nov-15 1.50000 1.50000 21.8624
10-Nov-15 1.50000 1.50000 23.4738
An Open Ended Flexi-Cap Equity Scheme
Investment Objective: Seeks long term capital growth through investments across all market capitalisations, including small,mid and large cap stocks. It aims to be predominantly invested in equity & equity related securities. However it could move asignificant portion of its assets towards fixed income securities if the fund manager becomes negative on equity markets.
Date of Allotment
Benchmark
NAV (Growth)(as on )
Fund Manager
SIP
Minimum
Application Amount
Exit Load
Standard Deviation
Beta (Slope)
Sharpe Ratio**
per unit29.02.16
Monthly Average AUM
(In Lakhs)
@
Statistical Ratios
24-Feb-04
S&P BSE 500
53.7595
47,993.50
Neelotpal Sahai
Available
10,000
1,000 p.m.(SIP)
Nil
4.99%
1.0173
0.0939
`
`
`
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 India Opportunities Fund (HIOF)
* Investors should consult their financial advisers if in doubt aboutwhether the product is suitable for them.
HSBC Midcap Equity Fund (HMEF)
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
07
FUND DETAILS
Weighted Average Monthly Total Expenses ratios(Annualized)
Portfolio Turnover
Regular 2.53%
Direct Plan 1.77%
0.52
Excludes service tax on Investment Management fees of 0.24%of Total NetAssets.
Asset Allocation
Statistical ratios disclosed as per monthly returns forthe last 3 years.
(absolute)
**Risk free rate: 6.96% (FIMMDA-NSE Mibor) as on February 29,2016)
@ Effective from March 1, 2013 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 1,090.71 3.38%
Apollo Tyres 978.67 3.03%
Ceat 909.89 2.82%
Vinati Organics 1,178.93 3.65%
Navin Fluorine International 339.46 1.05%
IRB Infrastructure Developers 666.82 2.07%
National Buildings Construction Corp 598.59 1.85%
Ahluwalia Contracts (India) 490.68 1.52%
Power Mech Projects 1,092.50 3.38%
Mirza International 1,115.61 3.46%
CCI Products (India) 868.47 2.69%
Kaveri Seed Company 418.52 1.30%
Cholamandalam Investment & Fin Co. 1,539.72 4.77%
Motilal Oswal Financial Services 1,217.00 3.77%
Dewan Housing Finance Corporation 677.38 2.10%
Indiabulls Housing Finance 676.04 2.09%
SKS Microfinance 507.31 1.57%
Sanghvi Movers 1,203.06 3.73%
Inox Wind 632.33 1.96%
BEML 400.63 1.24%
Finolex Industries 687.80 2.13%
Ramkrishna Forgings 526.08 1.63%
Jagran Prakashan 897.31 2.78%
Hindustan Media Ventures 688.26 2.13%
UPL 1,186.93 3.68%
PI Industries 650.77 2.02%
Hindustan Petroleum Corporation 997.53 3.09%
Gulf Oil Lubricants India 885.93 2.74%
Aurobindo Pharma 1,354.66 4.20%
Wockhardt 661.33 2.05%
Torrent Pharmaceuticals 473.34 1.47%
Sonata Software 774.86 2.40%
Welspun India 1,467.05 4.54%
Arvind 572.76 1.77%
Indian Terrain Fashions 446.72 1.38%
Sarla Performance Fibers 736.48 2.28%
Auto Ancillaries
Chemicals
Construction
Construction Project
Consumer Durables
Consumer Non Durables
Finance
Industrial Capital Goods
Industrial Products
Media & Entertainment
Pesticides
Petroleum Products
Pharmaceuticals
Software
Textile Products
Textiles - Synthetic
Other Equity Investments 2,354.72 7.28%
Cash Equivalents
CBLO 279.37 0.87%
Net Current Assets 37.85 0.13%
Total Net Assets as on 29-Feb-2016 32,282.07 100.00%
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 Midcap Equity Fund - Dividend
11-Dec-09 1.00 1.00 13.8927
19-Nov-10 2.00 2.00 15.4864
10-Nov-15 2.50 2.50 20.1838
An Open Ended Diversified Equity Scheme
Investment Objective: Seeks to generate long term capital growth from an actively managed portfolio of equity and equityrelated securities primarily being midcap stocks. However, it could move a portion of its assets towards fixed income securitiesif the fund manager becomes negative on the Indian equity markets.
Date of Allotment
Benchmark
NAV (Growth)(as on )
Fund Manager
SIP
Minimum
Application Amount
Exit Load
Standard Deviation
Beta (Slope)
Sharpe Ratio**
per unit29.02.16
Monthly Average AUM
(In Lakhs)
@
Statistical Ratios
19-May-05
S&P BSE Midcap
32.3656
33,824.43
Dhiraj Sachdev
Available
10,000
1,000 p.m.(SIP)
Nil
6.84%
1.1204
0.1404
`
`
`
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 predominantly mid
cap equity and equity relatedsecurities
HSBC Midcap Equity Fund (HMEF)
* Investors should consult their financial advisers if in doubt aboutwhether the product is suitable for them.
Auto 3.38%
AutoAncillaries 5.85%
Chemicals 4.70%
Construction 5.44%
Construction Project 3.38%
Consumer Durables 3.46%
Consumer Non Durables 3.99%
Finance 14.30%
Industrial Capital Goods 6.93%
Industrial Products 3.76%
Media & Entertainment 4.91%
Pesticides 5.70%
Petroleum Products 5.83%
Pharmaceuticals 7.72%
Software 2.40%
Textile Products 7.69%
Textiles - Synthetic 2.28%
Other Equity Investments 7.28%
Reverse Repos/CBLOs 0.87%
Net CurrentAssets 0.13%
Total NetAssets 100.00%
HSBC Infrastructure Equity Fund (HIEF)
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
Date of Allotment
Benchmark
NAV (Growth)(as on )
Fund Manager
SIP
Minimum
Application Amount
Exit Load
Standard Deviation
Beta
Sharpe Ratio**
per unit29.02.16
Monthly Average AUM
(In Lakhs)
(Slope)
@
Statistical Ratios
23-Feb-06
S&P BSE 200
13.9184
9,932.86
Dhiraj Sachdev
Available
10,000
1,000 p.m.(SIP)
Nil
8.03%
1.4030
0.0121
`
`
`
Weighted Average Monthly Total Expenses ratios(Annualized)
Portfolio Turnover
Regular 2.53%
Direct Plan 1.83%
0.19
Excludes service tax on Investment Management fees of 0.45%of Total NetAssets.
Asset Allocation
AutoAncillaries 2.85%
Banks 4.18%
Cement 4.29%
Construction 18.31%
Construction Project 2.94%
Ferrous Metals 1.42%
Finance 3.93%
Gas 2.66%
Industrial Capital Goods 9.82%
Industrial Products 6.49%
Minerals/Mining 1.58%
Oil 1.26%
Petroleum Products 10.21%
Power 15.30%
Transportation 10.42%
Other Equity Investments 3.54%
Reverse Repos/CBLOs 1.46%
Net CurrentAssets -0.66%
Total NetAssets 100.00%
Statistical ratios disclosed as per monthly returns forthe last 3 years.
(absolute)
**Risk free rate: 6.96% (FIMMDA-NSE Mibor) as on February 29,2016)
@ Effective from March 1, 2013 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 Ancillaries
Apollo Tyres 271.50 2.85%
Jammu & Kashmir Bank 256.06 2.69%
Karnataka Bank 141.82 1.49%
Everest Industries 408.92 4.29%
National Buildings Construction Corp 736.85 7.74%
IRB Infrastructure Developers 543.82 5.71%
Ahluwalia Contracts (India) 279.40 2.93%
KNR Constructions 183.95 1.93%
Power Mech Projects 172.50 1.81%
Larsen & Toubro 107.60 1.13%
Jindal Saw 134.81 1.42%
Rural Electrification Corporation 374.16 3.93%
Gujarat State Petronet 253.70 2.66%
BEML 527.88 5.54%
Sanghvi Movers 243.51 2.56%
Inox Wind 164.10 1.72%
Fag Bearings India 618.01 6.49%
Gujarat Mineral Development Corporation 150.60 1.58%
Aban Offshore 119.80 1.26%
Hindustan Petroleum Corporation 725.79 7.62%
Indian Oil Corporation 247.06 2.59%
Power Grid Corporation Of India 357.64 3.76%
Adani Transmission 350.46 3.68%
Reliance Infrastructure 260.25 2.73%
PTC India 191.41 2.01%
RattanIndia Power 173.01 1.82%
JSW Energy 123.50 1.30%
Gateway Distriparks 422.41 4.44%
Adani Ports & Special Economic Zone 350.13 3.68%
Gujarat Pipavav Port 219.16 2.30%
Banks
Cement
Construction
Construction Project
Ferrous Metals
Finance
Gas
Industrial Capital Goods
Industrial Products
Minerals/Mining
Oil
Petroleum Products
Power
Transportation
Other Equity Investments 337.48 3.54%
Cash Equivalents
CBLO 138.70 1.46%
Net Current Assets -64.07 -0.66%
Total Net Assets as on 29-Feb-2016 9,521.93 100.00%
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 Dividend
11-May-07 1.00 1.00 12.2390
26-May-08 1.00 1.00 13.7160
An Open Ended Equity Scheme
Investment Objective: Seeks to generate long term capital growth from an actively managed portfolio of equity and equityrelated securities by investing primarily in sectors, areas and themes that play an important role in, and/or benefit from India'sprogress, reform process and economic development.
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 (HIEF)
* Investors should consult their financial advisers if in doubt aboutwhether the product is suitable for them.
HSBC Tax Saver Equity Fund (HTSF)
09
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 unit29.02.16
Monthly Average AUM
(In Lakhs)
@
Statistical Ratios
05-Jan-07
S&P BSE 200
22.4000
15,215.44
Aditya Khemani
Available
500
(Lumpsum & SIP)
Nil
5.28%
1.0652
0.0617
`
`
Weighted Average Monthly Total Expenses ratios(Annualized)
Portfolio Turnover
Regular 2.51%
Direct Plan 1.80%
0.59
Excludes service tax on Investment Management fees of 0.38%of Total NetAssets.
Asset Allocation
Auto 7.49%
AutoAncillaries 3.40%
Banks 24.10%
Cement 4.24%
Construction 1.54%
Construction Project 3.71%
Consumer Non Durables 6.90%
Finance 4.77%
Industrial Capital Goods 2.06%
Industrial Products 1.63%
Minerals/Mining 1.59%
Pesticides 2.00%
Petroleum Products 1.75%
Pharmaceuticals 5.44%
Retailing 1.41%
Software 12.38%
Textile Products 9.47%
Transportation 3.85%
Other Equity Investments 1.05%
Reverse Repos/CBLOs 1.66%
Net CurrentAssets -0.44%
Total NetAssets 100.00%
Statistical ratios disclosed as per monthly returns forthe last 3 years.
(absolute)
**Risk free rate: 6.96% (FIMMDA-NSE Mibor) as on February 29,2016)
@ Effective from March 1, 2013 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
Maruti Suzuki India 603.06 4.11%
Tata Motors 495.27 3.38%
Apollo Tyres 268.35 1.83%
MRF 230.43 1.57%
HDFC Bank 1,275.07 8.70%
Axis Bank 614.35 4.19%
Indusind Bank 581.00 3.96%
ICICI Bank 510.28 3.48%
Federal Bank 301.61 2.06%
Jammu & Kashmir Bank 250.23 1.71%
Ultratech Cement 326.69 2.23%
The Ramco Cements 295.03 2.01%
Somany Ceramics 225.96 1.54%
Larsen & Toubro 391.66 2.67%
Power Mech Projects 152.38 1.04%
ITC 491.07 3.35%
Kaveri Seed Company 284.88 1.94%
Hindustan Unilever 236.66 1.61%
LIC Housing Finance 381.47 2.60%
HDFC 318.09 2.17%
Crompton Greaves 301.37 2.06%
Finolex Industries 239.50 1.63%
Coal India 233.25 1.59%
UPL 293.87 2.00%
Reliance Industries 256.16 1.75%
Torrent Pharmaceuticals 447.66 3.05%
Sun Pharmaceutical Industries 350.10 2.39%
Aditya Birla Fashion & Retail 206.83 1.41%
Infosys 951.80 6.49%
Tata Consultancy Services 537.67 3.67%
HCL Technologies 325.30 2.22%
Welspun India 551.54 3.76%
SRF 325.40 2.22%
Indian Terrain Fashions 261.23 1.78%
Arvind 250.58 1.71%
Adani Ports & Special Economic Zone 293.08 2.00%
Gateway Distriparks 270.92 1.85%
Auto Ancillaries
Banks
Cement
Construction
Construction Project
Consumer Non Durables
Finance
Industrial Capital Goods
Industrial Products
Minerals/Mining
Pesticides
Petroleum Products
Pharmaceuticals
Retailing
Software
Textile Products
Transportation
Other Equity Investments 154.21 1.05%
Cash Equivalents
CBLO 242.74 1.66%
Net Current Assets -66.81 -0.44%
Total Net Assets as on 29-Feb-2016 14,659.94 100.00%
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 Direct
19-Feb-10 1.00000 1.00000 12.8713
17-Oct-14 1.50000 1.50000 22.1053
17-Mar-15 2.50000 2.50000 23.9029
17-Oct-14 1.50000 1.50000 22.4083
17-Mar-15 2.50000 2.50000 24.3256
An Open Ended Equity Linked Savings Scheme (ELSS)
Investment Objective: Aims to provide long term capital appreciation by investing in a diversified portfolio of equity & equityrelated instruments of companies across various sectors and industries, with no capitalisation bias. The Fund may also investin fixed income securities.
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 (HTSF)
* Investors should consult their financial advisers if in doubt aboutwhether the product is suitable for them.
HSBC Dynamic Fund (HDF)
10
FUND DETAILS
Date of Allotment
Benchmark
NAV (Growth)(as on )
Fund Managers
SIP
Minimum
Application Amount
Exit Load
Standard Deviation
Beta (Slope)
Sharpe Ratio**
per unit29.02.16
Monthly Average AUM
(In Lakhs)
@
Statistical Ratios
24-Sep-07
S&P BSE 200
12.0896
5,094.24
Neelotpal Sahai
(for Equity portion)
Sanjay Shah
(for Fixed Income portion)
Available
10,000
1,000 p.m.(SIP)
Nil
`
`
`
3.72%
0.7737
-0.0519
Weighted Average Monthly Total Expenses ratios(Annualized)
Portfolio Turnover
Regular 2.68%
Direct Plan 1.98%
Excludes service tax on Investment Management fees of 0.29%of Total NetAssets.
0.83
Asset Allocation
Auto 7.47%
Banks 17.57%
Cement 2.81%
Construction Project 4.43%
Consumer Non Durables 10.41%
Finance 3.66%
Petroleum Products 6.37%
Pharmaceuticals 7.31%
Power 2.54%
Software 11.21%
Telecom - Services 1.92%
Transportation 1.44%
Other Equity Investments 3.04%
Reverse Repos/CBLOs 14.74%
Net CurrentAssets 5.08%
Total NetAssets 100.00%
Statistical ratios disclosed as per monthly returns forthe last 3 years.
(absolute)
**Risk free rate: 6.96% (FIMMDA-NSE Mibor) as on February 29,2016)
@ Effective from March 1, 2013 for prospective investments.
FUND PORTFOLIO
IssuerMarket Value
( in Lacs)`
% to NetAssets
An Open Ended Scheme
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.
Auto
Tata Motors 293.71 5.96%
Maruti Suzuki India 74.44 1.51%
HDFC Bank 398.46 8.08%
Yes Bank 206.70 4.19%
ICICI Bank 161.54 3.28%
Indusind Bank 99.60 2.02%
Ultratech Cement 138.43 2.81%
Larsen & Toubro 129.12 2.62%
Voltas 89.36 1.81%
ITC 277.91 5.64%
Asian Paints 148.07 3.00%
Hindustan Unilever 87.19 1.77%
HDFC 180.25 3.66%
Reliance Industries 314.16 6.37%
Sun Pharmaceutical Industries 213.48 4.33%
Glenmark Pharmaceuticals 147.13 2.98%
NTPC 125.48 2.54%
Infosys 319.79 6.49%
Tata Consultancy Services 167.61 3.40%
HCL Technologies 65.06 1.32%
Bharti Airtel 94.65 1.92%
Adani Ports & Special Economic Zone 70.81 1.44%
Banks
Cement
Construction Project
Consumer Non Durables
Finance
Petroleum Products
Pharmaceuticals
Power
Software
Telecom - Services
Transportation
Other Equity Investments 150.33 3.04%
Cash Equivalents
CBLO 726.67 14.74%
Net Current Assets 250.66 5.08%
Total Net Assets as on 29-Feb-2016 4,930.61 100.00%
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 Fund (HDF)
* Investors should consult their financial advisers if in doubt aboutwhether the product is suitable for them.
HSBC Dividend Yield Equity Fund (HDYEF)
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
11
FUND DETAILS
Date of Allotment
Benchmark
NAV (Growth)(as on )
Fund Managers
SIP
Minimum
Application Amount
Exit Load
Standard Deviation
Beta (Slope)
Sharpe Ratio**
per unit29.02.16
Monthly Average AUM
(In Lakhs)
@
Statistical Ratios
21-Mar-07
S&P BSE 200
13.8420
3,610.63
Gautam Bhupal &
Amaresh Mishra
Available
10,000
1,000 p.m.(SIP)
Nil
4.68%
0.9650
-0.0074
`
`
`
Weighted Average Monthly Total Expenses ratios(Annualized)
Portfolio Turnover
Regular 2.33%
Direct Plan 1.63%
0.26
Excludes service tax on Investment Management fees of 0.20%of Total NetAssets.
Asset Allocation
Auto 6.45%
AutoAncillaries 2.88%
Banks 19.24%
Cement 1.73%
Chemicals 1.36%
Construction 2.47%
Construction Project 3.19%
Consumer Non Durables 8.99%
Finance 2.65%
Minerals/Mining 5.90%
Non - Ferrous Metals 3.23%
Oil 2.60%
Petroleum Products 4.49%
Pharmaceuticals 4.95%
Power 3.26%
Software 20.52%
Textile Products 4.06%
Reverse Repos/CBLOs 2.47%
Net CurrentAssets -0.44%
Total NetAssets 100.00%
Statistical ratios disclosed as per monthly returns forthe last 3 years.
(absolute)
**Risk free rate: 6.96% (FIMMDA-NSE Mibor) as on February 29,2016)
@ Effective from March 1, 2013 for prospective investments.
FUND PORTFOLIO
IssuerMarket Value
( in Lacs)`
% to NetAssets
An Open Ended Equity Scheme
Investment Objective: The Scheme aims to generate dividend yield and capital appreciation by primarily investing into
equities and equity related securities of domestic Indian companies.
Auto
Hero Motocorp 126.24 3.63%
Tata Motors 49.30 1.42%
Maruti Suzuki India 48.55 1.40%
MRF 100.24 2.88%
ICICI Bank 224.45 6.45%
HDFC Bank 136.06 3.91%
Karur Vysya Bank 131.84 3.79%
Axis Bank 131.51 3.78%
Jammu & Kashmir Bank 45.71 1.31%
ACC 60.29 1.73%
Tata Chemicals 47.41 1.36%
IRB Infrastructure Developers 85.89 2.47%
Larsen & Toubro 111.10 3.19%
ITC 227.98 6.55%
Hindustan Unilever 84.73 2.44%
Indiabulls Housing Finance 92.06 2.65%
Coal India 205.26 5.90%
Hindustan Zinc 112.41 3.23%
Oil & Natural Gas Corporation 90.26 2.60%
Bharat Petroleum Corporation 107.70 3.10%
Reliance Industries 48.33 1.39%
Lupin 95.20 2.74%
Sun Pharmaceutical Industries 76.85 2.21%
NTPC 113.53 3.26%
Infosys 297.14 8.54%
Tata Consultancy Services 119.72 3.44%
Wipro 113.93 3.28%
Eclerx Services 105.83 3.04%
HCL Technologies 77.26 2.22%
Welspun India 141.26 4.06%
Auto Ancillaries
Banks
Cement
Chemicals
Construction
Construction Project
Consumer Non Durables
Finance
Minerals/Mining
Non - Ferrous Metals
Oil
Petroleum Products
Pharmaceuticals
Power
Software
Textile Products
Cash Equivalents
CBLO 85.93 2.47%
Net Current Assets -15.88 -0.44%
Total Net Assets as on 29-Feb-2016 3,478.09 100.00%
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 long
term• Invests in equity and equity
r e l a t e d s e c u r i t i e s o fcompanies facing "out-of-ordinary" conditions
HSBC Dividend Yield Equity Fund (HDYEF)
* Investors should consult their financial advisers if in doubt aboutwhether the product is suitable for them.
HSBC Emerging Markets Fund (HEMF)
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
Weighted Average Monthly Total Expenses ratios(Annualized)
Regular 2.68%
Direct Plan 1.98%
(inclusive of underlying scheme's expenses)
Excludes service tax on Investment Management fees of 0.16%of Total NetAssets.
Asset Allocation
Overseas Mutual Fund 95.41%
Reverse Repos/CBLOs 5.04%
Net CurrentAssets -0.45%
Total NetAssets 100.00%
Statistical ratios disclosed as per monthly returns forthe last 3 years.
(absolute)
**Risk free rate: 6.96% (FIMMDA-NSE Mibor) as on February 29,2016)
@ Effective from March 1, 2013 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 40.77 5.04%
Net Current Assets -3.66 -0.45%
Total Net Assets as on 29-Feb-2016 809.23 100.00%
HSBC GIF Glob Emerg Mkts Eq S1 Dis 772.12 95.41%
IssuerMarket Value
( in Lacs)`
% to NetAssets
An Open Ended Scheme
Investment Objective: To provide long term capital appreciation by investing in India and in the emerging markets, in equityand equity related instruments, share classes and units/securities issued by overseas mutual funds or unit trusts. The fund mayalso invest a limited proportion in domestic debt and money market instruments.
Date of Allotment
Benchmark
NAV (Growth)(as on )
Fund Manager
SIP
Minimum
Application Amount
Exit Load
Standard Deviation
Beta (Slope)
Sharpe Ratio**
per unit29.02.16
Monthly Average AUM
(In Lakhs)
@
Statistical Ratios
17-Mar-08
MSCI EmergingMarkets Index
9.3489
794.94
Anitha Rangan(Dedicated fund
manager foroverseas
investments)
Available
10,000
1,000 p.m.(SIP)
Nil
4.24%
1.1100
-0.0850
`
`
` Dividend DeclarationRecord Date / periodof dividend declared
Dividend ( per unit)Non-Institutional
` Dividend ( per unit)Institutional
` NAV ( ) per unit(cum dividend)
`
HSBC - Emerging Market Fund - Dividend
HSBC - Emerging Market Fund - Dividend - Direct Plan
27-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 longterm
• Investment in equity andequity related securities ofEmerging economies
HSBC Emerging Markets Fund (HEMF)
* Investors should consult their financial advisers if in doubt aboutwhether the product is suitable for them.
HSBC Asia Pacific (Ex Japan)Dividend Yield Fund (HAPDF)
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
Weighted Average Monthly Total Expenses ratios(Annualized)
Regular 2.28%
Direct Plan 1.58%
(inclusive of underlying scheme's expenses)
Excludes service tax on Investment Management fees of 0.10%of Total NetAssets.
Asset Allocation
Overseas Mutual Fund 97.26%
Reverse Repos/CBLOs 3.19%
Net CurrentAssets -0.45%
Total NetAssets 100.00%
@ Effective from March 1, 2013 for prospective investments.
FUND PORTFOLIO
Overseas Mutual Fund
HSBC GIF ASIA PACIFIC EX JAPAN EQ HD-S9D 1,499.68 97.26%
Cash Equivalents
CBLO 49.25 3.19%
Net Current Assets -7.08 -0.45%
Total Net Assets as on 29-Feb-2016 1,541.85 100.00%
IssuerMarket Value
( in Lacs)`
% to NetAssets
An Open Ended Fund of Funds Scheme
Investment Objective: The primary investment objective of the Scheme is to provide long term capital appreciation byinvesting 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 liquidmutual fund schemes, in order to meet liquidity requirements from time to time. However, there is no assurance that theinvestment objective of the Scheme will be achieved.
Date of Allotment
Benchmark
NAV (Growth)(as on )
Fund Manager
SIP
Minimum
Application Amount
Exit Load
per unit29.02.16
Monthly Average AUM
(In Lakhs)
@
24-Feb-14
MSCI AC Asia Pacific
ex Japan
9.3152
1,556.88
Anitha Rangan (foroverseas investments),
Sanjay Shah (forinvestments in Indian
Market)
Available
10,000
1,000 p.m.(SIP)
Nil
`
`
`
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 (HAPDF)
* Investors should consult their financial advisers if in doubt aboutwhether the product is suitable for them.
HSBC Brazil Fund (HBF)
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
Weighted Average Monthly Total Expenses ratios(Annualized)
Regular 2.68%
Direct Plan 1.98%
(inclusive of underlying scheme's expenses)
Excludes service tax on Investment Management fees of 0.16%of Total NetAssets.
Asset Allocation
Overseas Mutual Fund 100.08%
Reverse Repos/CBLOs 1.23%
Net CurrentAssets -1.31%
Total NetAssets 100.00%
Statistical ratios disclosed as per monthly returns forthe last 3 years.
(absolute)
**Risk free rate: 6.96% (FIMMDA-NSE Mibor) as on February 29,2016)
@ Effective from March 1, 2013 for prospective investments.
FUND PORTFOLIO
Overseas Mutual Fund
HSBC GIF BRAZIL EQUITY S3D 2,128.46 100.08%
Cash Equivalents
CBLO 26.16 1.23%
Net Current Assets -27.85 -1.31%
Total Net Assets as on 29-Feb-2016 2,126.77 100.00%
IssuerMarket Value
( in Lacs)`
% to NetAssets
An Open-Ended Fund of Funds Scheme
Investment Objective: The primary investment objective of the Scheme is to provide long term capital appreciation byinvesting predominantly in units/shares of HSBC Global Investment Funds (HGIF) Brazil Equity Fund. The Scheme may, at thediscretion of the Investment Manager, also invest in the units of other similar overseas mutual fund schemes, which mayconstitute a significant part of its corpus. The Scheme may also invest a certain proportion of its corpus in money marketinstruments and/or units of liquid mutual fund schemes, in order to meet liquidity requirements from time to time.
Date of Allotment
Benchmark
NAV (Growth)(as on )
Fund Manager
SIP
Minimum
Application Amount
Exit Load
Standard Deviation
Beta (Slope)
Sharpe Ratio**
per unit29.02.16
Monthly Average AUM
(In Lakhs)
@
Statistical Ratios
06-May-11
MSCI Brazil 10/40 Index
4.2236
2,063.97
Anitha Rangan(Dedicated fund
manager for overseasinvestments)
Available
10,000
1,000 p.m.(SIP)
Nil
8.29%
0.9020
-0.2420
`
`
`
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 (HBF)
* Investors should consult their financial advisers if in doubt aboutwhether the product is suitable for them.
HSBC Managed Solutions India - Growth (HMSG)
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
Weighted Average Monthly Total Expenses ratios(Annualized)
Regular 2.38%
Direct Plan 2.11%
(inclusive of underlying scheme's expenses)
Excludes service tax on Investment Management fees of 0.00%of Total Net Assets and of 0.24% on the underlying scheme's inwhich the fund of fund invests.
Asset Allocation
Mutual Fund 98.81%
Reverse Repos/CBLOs 1.30%
Net CurrentAssets -0.11%
Total NetAssets 100.00%
@ Effective from March 1, 2013 for prospective investments.
FUND PORTFOLIO
Mutual Fund
HSBC Equity Fund - Growth Direct 6,881.43 59.40%
HSBC Midcap Equity Fund - Growth Direct 2,246.16 19.39%
HSBC Income Fund Short Term - Growth Direct 971.31 8.38%
HSBC Income Fund Inv Plan Growth Direct 834.34 7.20%
HSBC Flexi Debt Fund Growth Direct 514.10 4.44%
Cash Equivalents
CBLO 150.57 1.30%
Net Current Assets -13.47 -0.11%
Total Net Assets as on 29-Feb-2016 11,584.43 100.00%
IssuerMarket Value
( in Lacs)`
% to NetAssets
An Open Ended Fund of Funds Scheme
Investment Objective: The objective of the Plan is to provide long term total return primarily by seeking capital appreciationthrough an active asset allocation with diversification commensurate with the risk profile of investments by investingpredominantly in units of equity mutual funds as well as in a basket of debt mutual funds gold exchange traded funds (ETFs) andother ETFs, offshore mutual funds and money market instruments.
Date of Allotment
Benchmark
NAV (Growth)(as on )
Fund Managers
SIP
Minimum
Application Amount
Exit Load
per unit29.02.16
Monthly Average AUM
(In Lakhs)
@
30-Apr-14
Composite Index constituting80% of S&P BSE 200 Index
and 20% of CRISILBond Index
11.3918
12,018.71
Anitha Rangan (DedicatedFund Manager for investments
in foreign securities)
Gautam Bhupal (For managinginvestments in Indian Market –
Equity Portion)
Sanjay Shah (For managinginvestments in Indian Market –
Fixed Income Portion)
Available
5,000
1,000 p.m.(SIP)
Nil
Composite
`
`
`
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.
HSBC Managed Solutions India - Moderate (HMSM)
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
Weighted Average Monthly Total Expenses ratios(Annualized)
Regular 2.32%
Direct Plan 2.07%
(inclusive of underlying scheme's expenses)
Excludes service tax on Investment Management fees of 0.00%of Total Net Assets and of 0.22% on the underlying scheme's inwhich the fund of fund invests.
Asset Allocation
Mutual Fund 98.47%
Reverse Repos/CBLOs 1.97%
Net CurrentAssets -0.44%
Total NetAssets 100.00%
@ Effective from March 1, 2013 for prospective investments.
FUND PORTFOLIO
Mutual Fund
HSBC Equity Fund - Growth Direct 9,085.49 48.58%
HSBC Income Fund Short Term - Growth Direct 3,624.61 19.38%
HSBC Midcap Equity Fund - Growth Direct 2,828.56 15.12%
HSBC Flexi Debt Fund Growth Direct 1,935.88 10.35%
HSBC Income Fund Inv Plan Growth Direct 942.60 5.04%
Cash Equivalents
CBLO 368.69 1.97%
Net Current Assets -84.03 -0.44%
Total Net Assets as on 29-Feb-2016 18,701.80 100.00%
IssuerMarket Value
( in Lacs)`
% to NetAssets
An Open Ended Fund of Funds Scheme
Investment Objective: The objective of the fund is to provide long term total return aimed at capital appreciation and providingincome through an active asset allocation with diversification commensurate with the risk profile of investments by investing in abasket of debt mutual funds, equity mutual funds, gold ETFs and other ETFs, offshore mutual funds and money marketinstruments.
Date of Allotment
Benchmark
NAV (Growth)(as on )
Fund Managers
SIP
Minimum
Application Amount
Exit Load
per unit29.02.16
Monthly Average AUM
(In Lakhs)
@
30-Apr-14
CRISIL Balanced Fund Index
11.3907
19,403.60
Anitha Rangan (DedicatedFund Manager for investments
in foreign securities)Gautam Bhupal (For managinginvestments in Indian Market –
Equity Portion)
Sanjay Shah (For managinginvestments in Indian Market –
Fixed Income Portion)
Available
5,000
1,000 p.m.(SIP)
Nil
`
`
`
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.
HSBC Managed Solutions India - Conservative (HMSC)
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
Weighted Average Monthly Total Expenses ratios(Annualized)
Regular 1.53%
Direct Plan 1.28%
(inclusive of underlying scheme's expenses)
Excludes service tax on Investment Management fees of 0.16%of Total Net Assets and of 0.13% on the underlying scheme's inwhich the fund of fund invests.
Asset Allocation
Mutual Fund 96.98%
Reverse Repos/CBLOs 3.31%
Net CurrentAssets -0.29%
Total NetAssets 100.00%
@ Effective from March 1, 2013 for prospective investments.
FUND PORTFOLIO
Mutual Fund
HSBC Income Fund Short Term - Growth Direct 14,660.77 47.91%
HSBC Flexi Debt Fund Growth Direct 9,438.63 30.84%
HSBC Equity Fund - Growth Direct 3,024.59 9.88%
HSBC Income Fund Inv Plan Growth Direct 1,556.22 5.09%
L&T Triple Ace Bond Fund Direct Growth 997.26 3.26%
Other Equity Investments 0.00 0.00%
Cash Equivalents
CBLO 1,014.23 3.31%
Net Current Assets -88.24 -0.29%
Total Net Assets as on 29-Feb-2016 30,603.47 100.00%
IssuerMarket Value
( in Lacs)`
% to NetAssets
An Open Ended Fund of Funds Scheme
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 predominantly investing in units of debt
mutual funds as well as in a basket of equity mutual funds, gold ETFs and other ETFs and money market instruments.
Date of Allotment
Benchmark
NAV (Growth)(as on )
Fund Managers
SIP
Minimum
Application Amount
Exit Load
per unit29.02.16
Monthly Average AUM
(In Lakhs)
@
30-Apr-14
Composite Index constitutingof 90% into CRISIL Composite
Bond Index and 10% of S&PBSE 200 Index
11.7298
30,491.11
Anitha Rangan (DedicatedFund Manager for investments
in foreign securities)(For managing
investments in Indian Market –Equity Portion)
Sanjay Shah (For managinginvestments in Indian Market –
Fixed Income Portion)
Available
5,000
1,000 p.m.(SIP)
Nil
`
Gautam Bhupal
`
`
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.
HSBC Global Consumer Opportunities Fund -(HGCOF)
Benefiting from China’sGrowing Consumption Power
18
FUND DETAILS
Weighted Average Monthly Total Expenses ratios(Annualized)
Regular 2.34%
Direct Plan 1.64%
(inclusive of underlying scheme's expenses)
Excludes service tax on Investment Management fees of 0.10%of Total NetAssets.
Asset Allocation
Overseas Mutual Fund 98.28%
Reverse Repos/CBLOs 2.12%
Net CurrentAssets -0.40%
Total NetAssets 100.00%
@ Effective from March 1, 2013 for prospective investments.
FUND PORTFOLIO
Overseas Mutual Fund
HSBC GIF-CHINA CONSUMER OPP S5 CAP 1,144.52 98.28%
Cash Equivalents
CBLO 24.64 2.12%
Net Current Assets -4.66 -0.40%
Total Net Assets as on 29-Feb-2016 1,164.50 100.00%
IssuerMarket Value
( in Lacs)`
% to NetAssets
An Open-Ended Fund of Funds Scheme
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.
Date of Allotment
Benchmark
NAV (Growth)(as on )
Fund Managers
SIP
Minimum
Application Amount
Exit Load
per unit29.02.16
Monthly Average AUM
(In Lakhs)
@
23-Feb-15
MSCI AC World Index
9.0686
1,155.31
Anitha Rangan (DedicatedFund Manager) & Sanjay Shah
(for investments in IndianMarket)
Available
,000
1,000 p.m.(SIP)
Nil
`
`
`
5
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 (HGCOF)
* Investors should consult their financial advisers if in doubt aboutwhether the product is suitable for them.
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
19
HSBC Equity Fund
HSBC India Opportunities Fund
HSBC Midcap Equity Fund
HSBC Infrastructure Equity Fund
HSBC Tax Saver Equity Fund
HSBC Dividend Yield Equity Fund
HSBC Dynamic Fund
HSBC 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)
Dhiraj Sachdev (from 01 December 2009)
Dhiraj Sachdev (from 01 December 2009)
Aditya Khemani (from 24 February 2009)
Gautam Bhupal and Amaresh Mishra (from 02 July 2012)(from 21 Oct 2015)
For Equity portion: Neelotpal Sahai (from 27 May 2013) &For Debt portion: Sanjay Shah (from 14 August 2009)
Anitha Rangan (from 18 October 2014)
Anitha Rangan (from 18 October 2014)
For overseas investments: Anitha Rangan (from 18 October 2014) &For investment in Indian markets: Sanjay Shah (from 24 February 2014)
For overseas investment : Anitha Rangan (from 18 October 2014),For Investments in Indian Market - Equity Portion :
& For Investments in Indian Market - Debt Portion :Sanjay Shah (April 2014)
Gautam Bhupal(from 21 Oct 2015)
For Overseas Market : Anitha Rangan (from 13 February 2015)For Investments in Indian Market - Debt Portion : Sanjay Shah(from 13 February 2015)
Name of Scheme Fund Manager
Fund Manager’s Experience
Dhiraj SachdevSenior Vice President and Fund Manager - EquitiesB.Com., ACA, Grad CWA, Diploma in Foreign Trade Management (DFTM)
Experience:
Over 19 years experience in Equity Research and Fund Management.
HSBC Asset Management (India) Private LtdSenior Vice President & Fund Manager, from October 2011 to present,Senior Fund Manager from 1 December 2009 to September 2011,Head of Equity-Portfolio Management Services from October 2005 to November 2009
ASK Raymond James Securities India Private LtdPortfolio Manager from October 2003 to September 2005
HDFC Bank LtdSenior Manager Equities from November 1999 to September 2003
DSQ Software LtdBusiness Analyst from June 1999 to November 1999
Probity Research & Services Ltd (India Infoline Ltd)Research Analyst from November 1998 to May 1999
Ford Brothers Capital Services (P) LtdManager Research from July 1996 to Sept 1998
�
�
�
�
�
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Gautam Bhupal
Vice President & Assistant Fund Manager Equities
Post Graduate Diploma in Business Management, CA, CS, B.Com (Hons)
Over 11 years of experience in areas of research and Fund Management.
HSBC Asset Management (India) Private LimitedVice President - June 8, 2015 till date.
Fund Manager for PMS Portfolios from July 2008 till June 5, 2015.
UTI Asset Management CompanyEquity Research Analyst from May 2004 till June 2008.
Experience:
�
�
Investment Management (Equity Analyst) since
Fund Managers - Equity
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
20
Neelotpal Sahai
Senior Vice President & Fund Manager - Equities
B.Tech, PGDM (IIM Kolkata)
Over 24 years of experience in Research and Fund Management.
HSBC Asset Management (India) Private LtdSenior Fund Manager – Equities from April 2013 onwards.
IDFC Asset Management Company Ltd.Director from February 2006 to April 2013
Motilal Oswal Securities LtdSenior Research Analyst from March 2005 to January 2006
Infosys LtdSenior Project Manager from June 1999 to March 2005
Vickers Ballas Securities LtdAnalyst from September 1998 to June 1999
SBC WarburgAnalyst from May 1997 to May 1998
UTI Securities LtdEquity 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 10 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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Amaresh Mishra
Vice President & Assistant Fund Manager
Post Graduate Diploma in Business Manager Management
Bachelor of Engineering (Chemical)
Over 11 years of experience in Equities & Sales
HSBC Asset Management (India) Private Ltd
Vice President & Assistant Fund Manager, from April 2012 to present,Associate Vice President, Investment Management from April 2008 to March 2012,Associate Vice President, Equities from October 2007 to March 2008;Associate Vice President, Sales and Distribution from March 2005 to September 2007
Centre for Science and Environment
Trainee Researcher from July 2001 to July 2002
Experience:
�
�
Anitha Rangan
Vice President - Fixed Income
PGDBM (SPJIMR, Mumbai); CA; M.Com
Over 9 years of experience in areas of research and risk
HSBC Asset Management (India) Private Ltd
Associate Vice President - Investment Management, from February 2013 onwards
CRISIL Limited
Senior Manager - Customised Industry Research, from December 2010 to May 2012
Nomura Structured Financial Services
Vice President - Credit Research , from December 2008 to November 2010
Lehman Brothers Structured Financial Services Analyst
Credit Research, from June 2006 to November 2008
Ambattur Clothing Limited
Executive - October 2002 to March 2004
Experience:
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Fund Managers - Equity
Funds Managed by Neelotpal Sahai.
HSBC Equity Fund Date of Inception : 10 Dec 02
Scheme Name & Benchmarks Jan 15 -Dec 15
Jan 14 -Dec 14
Jan 13 -Dec 13
SinceInception
HSBC Equity Fund - Growth
S&P BSE 200 (Scheme Benchmark)
Nifty 50 (Standard Benchmark)
10,000, if invested in HEF, 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
-3.16% 34.81% 2.45% 22.63%
-1.62% 35.39% 3.45% 18.08%
-11.97% 31.44% 5.93% 16.64%
9,684 13,481 10,245 1,44,481
9,838 13,539 10,345 88,133
8,803 13,144 10,593 75,021
` ` ` `
` ` ` `
` ` ` `
HSBC India Opportunities Fund
HSBC Dynamic Fund
Date of Inception : 24 Feb 04
Date of Inception : 24 Sep 07
Scheme Name & Benchmarks
Scheme Name & Benchmarks
SinceInception
SinceInception
HSBC India Opportunities Fund - Growth
S&P BSE 500 (Scheme Benchmark)
(Standard Benchmark)
10,000, if invested in HIOF, would have become
10,000, if invested in S&P BSE 500, would have become
10,000, if invested in , would have become
Nifty 50
Nifty 50
`
`
`
HSBC Dynamic Fund - Growth
S&P BSE 200 (Scheme Benchmark)
(Standard Benchmark)
10,000, if invested in HDF, 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
`
`
`
-2.27% 54.68% 7.15% 16.65%
-1.03% 36.77% 2.32% 13.98%
-11.97% 31.44% 5.93% 13.23%
9,773 15,468 10,715 62,156
9,897 13,677 10,232 47,183
8,803 13,144 10,593 43,644
` ` ` `
` ` ` `
` ` ` `
-0.07% 27.18% -1.92% 3.57%
-1.62% 35.39% 3.45% 6.09%
-11.97% 31.44% 5.93% 5.93%
9,993 12,718 9,808 13,371
9,838 13,539 10,345 16,313
8,803 13,144 10,593 16,114
` ` ` `
` ` ` `
` ` ` `
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.
Fund Managed by Neelotpal Sahai (for Equity portion)Sanjay Shah (for Fixed Income portion)
Past performance may or may not be sustained in the future. Refer note below.
Data for the period January to December has been considered in all cases, except for ‘Since Inception’ returns. ‘Since Inception’ (%) returns arecompounded annualised, other % returns are simple annualised. ‘Since inception’ returns are calculated on 10 invested at inception. Standardbenchmark 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-pointreturns vis-a-vis returns indicated above.
`
`
Comparative Performance of Equity Schemes
Funds Managed by - Anitha Rangan.
HSBC Emerging Markets Fund Date of Inception : 17 Mar 08
Scheme Name & Benchmarks SinceInception
HSBC Emerging Markets Fund - Growth
MSCI Emerging Market Index (Scheme Benchmark)
(Standard Benchmark)
10,000, if invested in HMEF, 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
`
`
`
-15.41% 1.53% 1.35% -0.26%
-8.02% 2.55% 0.92% 0.30%
-11.97% 31.44% 5.93% 7.56%
8,459 10,153 10,135 9,798
9,198 10,255 10,092 10,236
8,803 13,144 10,593 17,650
` ` ` `
` ` ` `
` ` ` `
Past performance may or may not be sustained in the future. Refer note below.
21
Jan 15 -Dec 15
Jan 14 -Dec 14
Jan 13 -Dec 13
Jan 15 -Dec 15
Jan 14 -Dec 14
Jan 13 -Dec 13
Jan 15 -Dec 15
Jan 14 -Dec 14
Jan 13 -Dec 13
HSBC Brazil Fund
HSBC Asia Pacific (Ex Japan) DividendYield Fund
Date of Inception : 06 May 11
Date of Inception : 24 Feb 14
Scheme Name & Benchmarks
Scheme Name & Benchmarks Jan 15 - Dec 15
SinceInception
Since Inception
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
`
`
`
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
`
`
`
-41.35% -17.24% -10.57% -17.14%
-42.11% -15.48% -17.24% -21.97%
-11.97% 31.44% 5.93% 8.00%
5,865 8,276 8,943 4,164
5,789 8,452 8,276 3,147
8,803 13,144 10,593 14,317
` ` ` `
` ` ` `
` ` ` `
-6.62% -1.77%
-11.97% -5.69%
-11.97% 14.50%
9,338 9,675
8,803 8,973
8,803 12,850
` `
` `
` `
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.
Data for the period January to December has been considered in all cases, except for ‘Since Inception’ returns. ‘Since Inception’ (%) returns are compoundedannualised, other % returns are simple annualised. ‘Since inception’ returns are calculated on 10 invested at inception. Standard benchmark is prescribed bySEBI 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. Thereturns provided above have been rounded off and hence there may be minor differences between point-to-point returns vis-a-vis returns indicated above.
`
`
Comparative Performance of Equity Schemes
Fund Managed by Gautam Bhupal and Amaresh Mishra.
HSBC Dividend Yield Equity Fund Date of Inception : 21 Mar 07
Scheme Name & Benchmarks SinceInception
HSBC Dividend Yield Equity Fund - Growth
S&P BSE 200 (Scheme Benchmark)
(Standard Benchmark)
10,000, if invested in HUOF, 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
`
`
`
-3.30% 41.17% -2.05% 5.32%
-1.62% 35.39% 3.45% 9.35%
-11.97% 31.44% 5.93% 8.87%
9,670 14,117 9,795 15,770
9,838 13,539 10,345 21,946
8,803 13,144 10,593 21,113
` ` ` `
` ` ` `
` ` ` `
Past performance may or may not be sustained in the future. Refer note below.
22
Jan 15 -Dec 15
Jan 14 -Dec 14
Jan 13 -Dec 13
Jan 15 -Dec 15
Jan 14 -Dec 14
Jan 13 -Dec 13
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
`
`
`
0.21% 52.10% 2.14% 11.42%
-1.62% 35.39% 3.45% 8.20%
-11.97% 31.44% 5.93% 7.98%
10,021 15,210 10,214 26,453
9,838 13,539 10,345 20,309
8,803 13,144 10,593 19,953
` ` ` `
` ` ` `
` ` ` `
Fund Managed by - Aditya Khemani.
Past performance may or may not be sustained in the future. Refer note below.
* On account of change in the index composition of the benchmark of HMEF (S&P BSE Midcap), vide BSE Notification dtd 10 April, 2015,the returns for this benchmark are different when compared to the historically published returns. Further, as the index data for S&P BSEMidcap is available only from Sept 16, 2005, the 'Since inception' returns for both this index and the scheme have been calculated from thisdate onwards.
Comparative Performance of Equity Schemes
Funds Managed by - Dhiraj Sachdev.
HSBC Infrastructure Equity Fund Date of Inception : 23 Feb 06
Scheme Name & Benchmarks SinceInception
HSBC Infrastructure Equity Fund - Growth
S&P BSE 200 (Scheme Benchmark)
(Standard Benchmark)
10,000, if invested in HPTF, 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
`
`
`
-5.57% 84.83% -20.30% 5.77%
-1.62% 35.39% 3.45% 10.35%
-11.97% 31.44% 5.93% 10.16%
9,443 18,483 7,970 17,380
9,838 13,539 10,345 26,405
8,803 13,144 10,593 25,957
` ` ` `
` ` ` `
` ` ` `
HSBC Midcap Equity Fund* Date of Inception : 19 May 05
Scheme Name & Benchmarks SinceInception
HSBC Midcap Equity Fund - Growth
S&P BSE Midcap (Scheme Benchmark)
(Standard Benchmark)
10,000, if invested in HMEF, would have become
10,000, if invested in S&P BSE Midcap, would have become
10,000, if invested in , would have become
Nifty 50
Nifty 50
`
`
`
9.56% 83.70% -4.44% 10.70%
6.73% 53.96% -6.84% 9.66%
-11.97% 31.44% 5.93% 11.66%
10,956 18,370 9,556 28,492
10,673 15,396 9,316 25,856
8,803 13,144 10,593 31,143
` ` ` `
` ` ` `
` ` ` `
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.
23
Data for the period January to December has been considered in all cases, except for ‘Since Inception’ returns. ‘Since Inception’ (%)returns are compounded annualised, other % returns are simple annualised. ‘Since inception’ returns are calculated on 10 invested atinception. Standard benchmark is prescribed by SEBI and is used for comparison purposes. Returns on 10,000 are point-to-point returnsfor the specific time period, invested at the start of the period. The returns provided above have been rounded off and hence there may beminor differences between point-to-point returns vis-a-vis returns indicated above.
`
`
Jan 15 -Dec 15
Jan 14 -Dec 14
Jan 13 -Dec 13
Jan 15 -Dec 15
Jan 14 -Dec 14
Jan 13 -Dec 13
Jan 15 -Dec 15
Jan 14 -Dec 14
Jan 13 -Dec 13
HSBC Managed Solutions - Growth
HSBC Managed Solutions - Moderate - Growth
HSBC Managed Solutions - Conservative - Growth
Date of Inception : 30 Apr 14
Date of Inception : 30 Apr 14
Date of Inception : 30 Apr 14
Scheme Name & Benchmarks
Scheme Name & Benchmarks
Scheme Name & Benchmarks
Jan 15 -Dec 15
Jan 15 -Dec 15
Jan 15 -Dec 15
SinceInception
SinceInception
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
`
`
`
`
HSBC Managed Solutions - Moderate - Growth
Crisil Balanced Fund Index (Scheme Benchmark)
(Standard Benchmark)
Crisil 10 Year Gilt Index (Standard Benchmark)
10,000, if invested in HMSM, would have become
10,000, if invested in Crisil Balanced Fund Index, would have become
10,000, if invested in , would have become
10,000, if invested in Crisil 10 Year Gilt Index, would have become
Nifty 50
Nifty 50
`
`
`
`
HSBC Managed Solutions - Conservative - Growth
Customised Benchmark Index Fund (Scheme Benchmark)*
(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 , would have become
10,000, if invested in Crisil 10 Year Gilt Index, would have become
Nifty 50
Nifty 50
`
`
`
`
2.15% 16.00%
0.43% 14.00%
-11.97% 10.78%
7.53% 11.06%
10,215 12,821
10,043 12,452
8,803 11,870
10,753 11,919
` `
` `
` `
` `
3.67% 14.24%
0.47% 11.27%
-11.97% 10.78%
7.53% 11.06%
10,367 12,497
10,047 11,958
8,803 11,870
10,753 11,919
` `
` `
` `
` `
5.79% 10.63%
7.60% 11.76%
-11.97% 10.78%
7.53% 11.06%
10,579 11,843
10,760 12,045
8,803 11,870
10,753 11,919
` `
` `
` `
` `
Fund Managed by Gautam Bhupal (for Equity portion)Sanjay Shah (for Fixed Income portion), Anitha Rangan (For overseas investment)
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.
*Composite index of S&P BSE 200 (80%) and Crisil Composite Bond Fund Index (20%).
*Composite index of Crisil Composite Bond Fund Index (90%) and S&P BSE 200 (10%).
Comparative Performance of Equity Schemes
24
Data for the period January to December has been considered in all cases, except for ‘Since Inception’ returns. ‘Since Inception’ (%)returns are compounded annualised, other % returns are simple annualised. ‘Since inception’ returns are calculated on 10 invested atinception. Standard benchmark is prescribed by SEBI and is used for comparison purposes. Returns on 10,000 are point-to-point returnsfor the specific time period, invested at the start of the period. The returns provided above have been rounded off and hence there may beminor differences between point-to-point returns vis-a-vis returns indicated above.
`
`
25
HSBC Equity Fund
HSBC India Opportunities Fund
HSBC Dynamic 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 Dec. 31, 2015 ( )
Scheme Returns (%)
Scheme Benchmark ( )
Scheme Benchmark Returns (%)
Standard Benchmark ( )
Standard Benchmark Returns (%)
`
`
`
`
S&P BSE 200 -
S&P BSE 200 -
Nifty 50 -
Nifty 50 -
Total amount invested ( )
Scheme Returns (%)
Scheme Benchmark ( )
Scheme Benchmark Returns (%)
Standard Benchmark ( )
Standard Benchmark Returns (%)
`
`
`
`
Market Value as on Dec. 31, 2015 ( )
S&P BSE 500 -
S&P BSE 500 -
Nifty 50 -
Nifty 50 -
Total amount invested ( )
Scheme Returns (%)
Scheme Benchmark ( )
Scheme Benchmark Returns (%)
Standard Benchmark ( )
Standard Benchmark Returns (%)
`
`
`
`
Market Value as on Dec. 31, 2015 ( )
S&P BSE 200 -
S&P BSE 200 -
Nifty 50 -
Nifty 50 -
120000 360000 600000 1570000
115192 418309 771939 4410183
-7.34 10.00 10.02 14.69
116134 426946 798289 3975160
-5.92 11.40 11.37 13.27
114473 409009 765215 3788053
-8.43 8.47 9.67 12.61
120000 360000 600000 1430000
115630 470578 906555 3438038
-6.68 18.20 16.52 13.87
116929 432591 805632 2953461
-4.71 12.30 11.74 11.55
114473 409009 765215 2857294
-8.43 8.47 9.67 11.04
120000 360000 600000 1000000
116592 410505 737923 1339833
-5.22 8.72 8.21 6.88
116134 426946 798289 1539163
-5.92 11.40 11.37 10.10
114473 409009 765215 1477054
-8.43 8.47 9.67 9.14
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 10000/- 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 December 31, 2015.
`
`
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
SIP Performance of Equity Schemes
26
HSBC Brazil Fund Date of Inception : 06 May 11
Scheme Name & Benchmarks 1Year
3Years
5Years
SinceInception
Total amount invested ( )
Market Value as on ( )
Scheme Returns (%)
Scheme Benchmark ( )
Scheme Benchmark Returns (%)
Standard Benchmark ( )
Standard Benchmark Returns (%)
`
`
`
`
Dec. 31, 2015
MSCI Brazil 10/40 Index -
MSCI Brazil 10/40 Index -
Nifty 50 -
Nifty 50 -
120000 360000 NA 550000
87988 198800 NA 283796
-45.32 -34.98 NA -27.55
87432 199393 NA 272335
-46.03 -34.82 NA -29.84
114473 409009 NA 695674
-8.43 8.47 NA 10.21
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 Dec. 31, 2015 ( )
MSCI AC Asia Pacific ex Japan -
MSCI AC Asia Pacific ex Japan -
Nifty 50 -
Nifty 50 -
120000 NA NA 220000
112644 NA 205815
-11.19 NA NA -6.81
108532 NA NA 193608
-17.26 NA NA -12.77
114473 NA NA 221325
-8.43 NA NA 0.63
NA
HSBC 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 Dec. 31, 2015 ( )
MSCI Emerging Market Index -
MSCI Emerging Market Index -
Nifty 50 -
Nifty 50 -
120000 360000 600000 930000
106884 318173 556578 943127
-19.67 -7.87 -2.95 0.36
110181 337593 577409 968733
-14.86 -4.14 -1.51 1.04
114473 409009 765215 1374252
-8.43 8.47 9.67 9.86
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 10000/- 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 December 31, 2015.
`
`
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
SIP Performance of Equity Schemes
27
HSBC Tax Saver Equity Fund Date of Inception : 05 Jan 07
Scheme Name & Benchmarks 1Year
3Years
5Years
SinceInception
Total amount invested ( )
Market Value as on ( )
Scheme Returns (%)
Scheme Benchmark ( )
Scheme Benchmark Returns (%)
Standard Benchmark ( )
Standard Benchmark Returns (%)
`
`
`
`
Dec. 31, 2015
S&P BSE 200 -
S&P BSE 200 -
Nifty 50 -
Nifty 50 -
120000 360000 600000 1080000
117687 467382 920582 2087068
-3.55 17.72 17.15 14.14
116134 426946 798289 1701457
-5.92 11.40 11.37 9.81
114473 409009 765215 1634919
-8.43 8.47 9.67 8.96
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 Dec. 31, 2015 ( )
S&P BSE 200 -
S&P BSE 200 -
Nifty 50 -
Nifty 50 -
120000 360000 600000 1190000
113260 494981 880380 1724231
-10.25 21.82 15.33 7.27
116134 426946 798289 1967358
-5.92 11.40 11.37 9.80
114473 409009 765215 1894764
-8.43 8.47 9.67 9.08
HSBC Dividend Yield Equity Fund Date of Inception : 21 Mar 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 Dec. 31, 2015 ( )
S&P BSE 200 -
S&P BSE 200 -
Nifty 50 -
Nifty 50 -
120000 360000 600000 1060000
115480 429402 795604 1567486
-6.91 11.79 11.23 8.63
116134 426946 798289 1661772
-5.92 11.40 11.37 9.90
114473 409009 765215 1596021
-8.43 8.47 9.67 9.02
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 10000/- 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 December 31, 2015.
`
`
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
SIP Performance of Equity Schemes
28
HSBC Managed Solutions - Growth Date of Inception : 30 Apr 14
Scheme Name & Benchmarks 1Year
3Years
5Years
SinceInception
Total amount invested ( )
Market Value as on ( )
Scheme Returns (%)
Scheme Benchmark ( )
Scheme Benchmark Returns (%)
Standard Benchmark ( )
Standard Benchmark Returns (%)
`
`
`
`
Dec. 31, 2015
Customised Benchmark Index* -
Customised Benchmark Index -
Nifty 50 -
Nifty 50 -
120000 NA NA 200000
119461 NA NA 208625
-0.83 NA NA 4.93
117920 NA NA 204896
-3.16 NA NA 2.79
114473 NA NA 208396
-8.43 NA NA -0.84
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 ( )
Scheme Benchmark Returns (%)
Standard Benchmark ( )
Standard Benchmark Returns (%)
`
`
`
`
Market Value as on Dec. 31, 2015 ( )
Crisil Balanced Fund Index -
Crisil Balanced Fund Index -
Nifty 50 -
Nifty 50 -
120000 NA NA 200000
120781 NA NA 210455
1.21 NA NA 5.97
118134 NA NA 203823
-2.86 NA NA 2.19
114473 NA NA 208396
-8.43 NA NA -0.84
HSBC Midcap 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 Dec. 31, 2015 ( )
S&P BSE Midcap -
S&P BSE Midcap -
Nifty 50 -
Nifty 50 -
120000 360000 600000 1280000
124868 600937 1129792 2749538
7.61 36.29 25.61 13.66
123723 505277 923081 2388288
5.80 23.31 17.26 11.20
114473 409009 765215 2197296
-8.43 8.47 9.67 9.74
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 10000/- 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 December 31, 2015.
`
`
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
SIP Performance of Equity Schemes
29
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 Dec. 31, 2015 ( )
Customised Benchmark Index* -
Customised Benchmark Index -
Nifty 50 -
Nifty 50 -
120000 NA NA 200000
122686 NA NA 212347
4.19 NA NA 7.05
124169 NA NA 215429
6.51 NA NA 8.79
114473 NA NA 208396
-8.43 NA NA -0.84
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 10000/- 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 December 31, 2015.
`
`
Returns shown for Regular Plan - Growth Option
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%).
HSBC MIP - Savings Plan (HMIP-S)An Open Ended Fund with Regular & Savings Plans. Monthly income is not assured and is subject to availability of distributable surplus.
Investment Objective: Seeks to generate reasonable returns through investments in Debt and Money Market Instruments. Thesecondary objective of the scheme is to invest in equity and equity related instruments to seek capital appreciation.
30
FUND DETAILS
Date of Allotment
Benchmark
NAV (Growth)
(as on 29.02.16)
Average Maturity ofPortfolio
Modified Duration
of Portfolio
Fund Managers
SIPMinimum ApplicationAmountGrowthQuarterly DividendMonthly DividendSIP
Exit Load
per unit
Monthly Average AUM(In Lakhs)
@
Weighted Average Monthly Total Expenses ratios(Annualized)
Regular 2.27%Direct Plan 1.78%Excludes service tax on Investment Management fees of 0.04%of Total NetAssets.
Asset Allocation
Government Securities 42.80%
Equity 23.32%
Corporate/ PSU Debt 21.73%
Cash Equivalents 16.09%
Net CurrentAssets -3.94%
Total NetAssets 100.00%
@ Effective from March 1, 2013 for prospective investments.
FUND PORTFOLIO
Corporate/ PSU Debt
Equity
Government Securities
Cash EquivalentsCBLO 3,397.55 16.09%Net Current Assets -834.14 -3.94%Total Net Assets as on 29-Feb-2016 21,113.72 100.00%
Corporate Bonds / Debentures
Equities
Rural Electrification Corporation 1,029.14 4.87% CARE AAAPower Finance Corporation 992.46 4.70% CRISIL AAAIndia Infradebt 694.87 3.29% CRISIL AAAPower Grid Corporation of India 602.58 2.85% CRISIL AAALIC Housing Finance 502.85 2.38% CRISIL AAAShriram Transport Finance Company 351.19 1.66% CRISIL AA+HDFC 297.21 1.41% CRISIL AAAPower Finance Corporation 119.80 0.57% CRISIL AAA
HDFC Bank 425.67 2.02%Maruti Suzuki India 237.88 1.13%Tata Consultancy Services 222.03 1.05%Infosys 216.81 1.03%Welspun India 201.16 0.95%IndusInd Bank 170.15 0.81%Axis Bank 166.46 0.79%LIC Housing Finance 160.30 0.76%The Ramco Cements 158.76 0.75%ITC 155.22 0.74%ICICI Bank 146.81 0.70%Ultratech Cement 146.74 0.69%Larsen & Toubro 134.50 0.64%Sun Pharmaceuticals Ind 132.35 0.63%MRF 130.19 0.62%Power Mech Projects 129.38 0.61%Crompton Greaves 126.00 0.60%Adani Ports & Special Economic Zone 114.09 0.54%Gateway Distriparks 114.07 0.54%Hindustan Unilever 109.61 0.52%Torrent Pharmaceuticals 107.19 0.51%SRF 105.65 0.50%IPCA Laboratories 105.61 0.50%Coal India 99.52 0.47%Apollo Tyres 99.45 0.47%HDFC 95.43 0.45%UPL 91.60 0.43%The Federal Bank 86.95 0.41%Arvind 83.53 0.40%Tech Mahindra 83.11 0.39%Tata Motors 80.92 0.38%Kaveri Seed Company 80.89 0.38%Finolex Industries 79.85 0.38%Karur Vysya Bank 73.88 0.35%Hindustan Zinc 72.41 0.34%Dr. Reddy's Laboratories 42.51 0.20%Aditya Birla Nuvo 38.72 0.18%The Jammu & Kashmir Bank 38.01 0.18%Aditya Birla Fashion and Retail 36.22 0.17%Hindustan Dorr-Oliver 21.15 0.10%Arvind Infrastructure 2.94 0.01%
8.40% GOVT OF INDIA RED 28-07-2024 2,591.99 12.28% SOVEREIGN8.27% GOVT OF INDIA RED- 09-06-2020 1,840.41 8.72% SOVEREIGN7.72% GOVT OF INDIA RED 25-05-2025 1,681.89 7.97% SOVEREIGN7.68% GOVT OF INDIA RED 15-12-2023 1,075.24 5.09% SOVEREIGN7.73% GOVT OF INDIA RED 19-12-2034 957.00 4.53% SOVEREIGN7.35% GOVT OF INDIA RED 22-06-2024 690.48 3.27% SOVEREIGN7.59% GOVT OF INDIA RED 11-01-2026 199.51 0.94% SOVEREIGN
IssuerMarket Value
( in Lacs)`
% to NetAssets
Dividend Declaration
Record Date / periodof dividend declared
Dividend ( per unit)Non-Institutional
` Dividend ( per unit)Institutional
` NAV ( ) per unit(cum dividend)
`
HSBC MIP - Savings Plan - Monthly Dividend
HSBC MIP - Savings Plan - Monthly Dividend - Direct Plan
HSBC MIP - Savings Plan - Quarterly Dividend
HSBC MIP - Savings Plan - Quarterly Dividend - Direct Plan
28-Dec-15 0.06862 0.06357 13.273725-Jan-16 0.06862 0.06357 12.9818
26-Nov-15 0.06862 0.06357 14.267028-Dec-15 0.06862 0.06357 14.1949
25-Jun-15 0.20946 0.19406 13.626828-Sep-15 0.19501 0.18067 13.5141
25-Jun-15 0.20946 0.19406 14.267728-Sep-15 0.19501 0.18067 14.1812
25-Feb-16 0.06862 0.06357 12.4939
25-Jan-16 0.06862 0.06357 13.8945
28-Dec-15 0.20223 0.18737 13.3734
28-Dec-15 0.20946 0.19406 14.0644
Rating24-Feb-04
CRISIL MIP Blended Index
28.5595
6.05 years
4.14 years
21,213.65
Aditya Khemani(for Equity portion) Sanjay
Shah (for Debt portion)
Available
10,00010,00025,000
1,000 p.m.Nil
`
`
`
`
`
Rating Profile
Sovereign 42.80%
Equity 23.32%
AAAand equivalents 20.07%
Reverse Repos/ CBLOs 16.09%
AA+/AA-/AAand equivalents 1.66%
Net CurrentAssets -3.94%
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 MIP - Savings Plan (HMIP-S)
This product is suitable forinvestors who are seeking*:
• Regular Income over mediumterm
• Investment in fixed income(debt and money marketinstruments) as well as equityand equity related securities
* Investors should consult their financial advisers if in doubtabout whether the product is suitable for them.
HSBC MIP - Regular Plan (HMIP-R)An Open Ended Fund with Regular & Savings Plans. Monthly income is not assured and is subject to availability of distributable surplus.
Investment Objective: Seeks to generate reasonable returns through investments in Debt and Money Market Instruments. Thesecondary objective of the scheme is to invest in equity and equity related instruments to seek capital appreciation.
31
FUND DETAILS
Date of Allotment
Benchmark
NAV (Growth)
(as on )
Average Maturity ofPortfolio
Modified Duration
of Portfolio
Fund Managers
SIP
Minimum ApplicationAmount
Growth
Quarterly Dividend
Monthly Dividend
SIP
Exit Load
per unit
29.02.16
Monthly Average AUM(In Lakhs)
@
Weighted Average Monthly Total Expenses ratios(Annualized)
Regular 2.29%
Direct Plan 1.79%
Excludes service tax on Investment Management fees of 0.22%of Total NetAssets.
Asset Allocation
Government Securities 45.70%
Corporate/ PSU Debt 30.24%
Cash Equivalents 14.57%
Equity 14.14%
Net CurrentAssets -4.65%
Total NetAssets 100.00%
@ Effective from March 1, 2013 for prospective investments.
FUND PORTFOLIO
Corporate/ PSU Debt
Equity
Government Securities
Cash Equivalents
CBLO 1,198.88 14.57%
Net Current Assets -380.91 -4.65%
Total Net Assets as on 29-Feb-2016 8,231.05 100.00%
LIC Housing Finance 502.85 6.11% CRISIL AAA
Power Finance Corporation 496.23 6.03% CRISIL AAA
Rural Electrification Corporation 441.06 5.36% CARE AAA
Power Grid Corporation of India 401.72 4.88% CRISIL AAA
India Infradebt 297.80 3.62% CRISIL AAA
HDFC 198.14 2.41% CRISIL AAA
Shriram Transport Finance Company 150.51 1.83% CRISIL AA+
HDFC Bank 98.16 1.19%
Tata Consultancy Services 67.48 0.82%
Welspun India 56.78 0.69%
Maruti Suzuki India 53.95 0.66%
Axis Bank 50.73 0.62%
LIC Housing Finance 50.62 0.62%
ITC 47.30 0.57%
ICICI Bank 43.81 0.53%
Ultratech Cement 41.53 0.50%
Sun Pharmaceuticals Ind 40.99 0.50%
Larsen & Toubro 40.89 0.50%
IPCA Laboratories 37.84 0.46%
Dr. Reddy's Laboratories 36.44 0.44%
Arvind 35.80 0.43%
Power Mech Projects 34.50 0.42%
Adani Ports & Special Economic Zone 29.51 0.36%
Apollo Tyres 28.41 0.35%
The Federal Bank 27.75 0.34%
Hindustan Unilever 26.57 0.32%
SRF 26.41 0.32%
Crompton Greaves 25.98 0.32%
Tech Mahindra 25.76 0.31%
Torrent Pharmaceuticals 25.22 0.31%
UPL 24.81 0.30%
Finolex Industries 24.57 0.30%
MRF 24.41 0.30%
Tata Motors 23.98 0.29%
Gateway Distriparks 23.77 0.29%
Kaveri Seed Company 21.81 0.26%
The Jammu & Kashmir Bank 17.74 0.22%
Hindustan Zinc 17.04 0.21%
Aditya Birla Nuvo 12.57 0.15%
Aditya Birla Fashion and Retail 11.75 0.14%
Hindustan Dorr-Oliver 6.35 0.08%
Arvind Infrastructure 1.26 0.02%
8.27% GOVT OF INDIA RED- 09-06-2020 869.08 10.56% SOVEREIGN
7.72% GOVT OF INDIA RED 25-05-2025 791.18 9.61% SOVEREIGN
7.68% GOVT OF INDIA RED 15-12-2023 642.17 7.80% SOVEREIGN
7.35% GOVT OF INDIA RED 22-06-2024 560.11 6.80% SOVEREIGN
8.40% GOVT OF INDIA RED 28-07-2024 455.90 5.54% SOVEREIGN
7.73% GOVT OF INDIA RED 19-12-2034 354.09 4.30% SOVEREIGN
7.59% GOVT OF INDIA RED 11-01-2026 89.78 1.09% SOVEREIGN
Corporate Bonds / Debentures
Equities
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 MIP - Regular Plan - Monthly Dividend
HSBC MIP - Regular Plan - Monthly Dividend - Direct Plan
HSBC MIP - Regular Plan - Quarterly Dividend
28-Dec-15 0.05778 0.05353 11.624925-Jan-16 0.05778 0.05353 11.4218
25-Jun-15 0.18057 0.16729 12.156028-Sep-15 0.18057 0.16729 12.1257
25-Feb-16 0.05778 0.05353 11.0758
31-Jan-14 0.05065 0.04851 10.979128-Feb-14 0.05065 0.04851 11.0079
28-Dec-15 0.18057 0.16729 11.9592
Rating24-Feb-04
CRISIL MIP Blended Index
24.2930
5.94 years
4.12 years
8,286.17
Aditya Khemani
(for Equity portion) SanjayShah (for Debt portion)
Available
10,00010,00025,000
1,000 p.m.Nil
`
`
`
`
`
Rating Profile
Sovereign 45.70%
AAAand equivalents 28.41%
Reverse Repos/ CBLOs 14.57%
Equity 14.14%
AA+/AA-/AAand equivalents 1.83%
Net CurrentAssets -4.65%
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 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 mediumterm
• Investment in fixed income(debt and money marketinstruments) as well as equityand equity related securities
HSBC MIP - Regular Plan (HMIP-R)
* Investors should consult their financial advisers if in doubt aboutwhether the product is suitable for them.
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
HSBC Income Fund - Investment Plan (HIF-IP)An Open Ended Income Scheme
Investment Objective: Aims to provide reasonable income through a diversified portfolio of fixed income securities. The AMC'sview of interest rate trends and the nature of the Plans will be reflected in the type and maturities of securities in which the ShortTerm and Investment Plans are invested.
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 unit29.02.16
Monthly Average AUM(In Lakhs)
@
Weighted Average Monthly Total Expenses ratios(Annualized)
Regular 1.75%Direct Plan 1.00%Excludes service tax on Investment Management fees of 0.24%Regular Plan and 0.23% Direct Plan of Total NetAssets.
Asset Allocation
Government Securities 75.72%
Corporate/ PSU Debt 20.86%
Cash Equivalents 9.96%
Securitised Debt 0.09%
Net CurrentAssets -6.63%
@ Effective from March 1, 2013 for prospective investments.
* Based on invested Amount
FUND PORTFOLIO
Securitised Debt
Investments - Asset Back Security
Corporate Bonds / Debentures
India MBS 2002 Series I 7.38 0.09% CRISIL AAA (SO)
Export Import Bank of India 531.63 6.50% CRISIL AAA
Shriram Transport Finance Company 501.70 6.13% CRISIL AA+
Power Finance Corporation 496.23 6.07% CRISIL AAA
Rural Electrification Corporation 176.42 2.16% CARE AAA
7.68% GOVT OF INDIA RED 15-12-2023 1,382.45 16.90% SOVEREIGN
7.72% GOVT OF INDIA RED 25-05-2025 1,194.24 14.60% SOVEREIGN
8.27% GOVT OF INDIA RED- 09-06-2020 1,032.67 12.63% SOVEREIGN
8.40% GOVT OF INDIA RED 28-07-2024 978.40 11.96% SOVEREIGN
7.35% GOVT OF INDIA RED 22-06-2024 724.28 8.86% SOVEREIGN
7.73% GOVT OF INDIA RED 19-12-2034 641.19 7.84% SOVEREIGN
7.59% GOVT OF INDIA RED 11-01-2026 239.41 2.93% SOVEREIGN
5.59% GOVT OF INDIA RED 04-06-2016 0.40 0.00% SOVEREIGN
Corporate/ PSU Debt
Government Securities
Cash Equivalents
CBLO 814.87 9.96%
Net Current Assets -542.28 -6.63%
Total Net Assets as on 29-Feb-2016 8,178.99 100.00%
IssuerMarket Value
( in Lacs)`
% to NetAssets
Rating10-Dec-02
CRISIL Composite BondFund Index
24.5497
7.28 years
4.94 years
8.07%
8,274.37
Sanjay Shah
Available
10,000
1,000 p.m.(SIP)
Nil
`
`
`
Rating Profile
Sovereign 75.72%
AAAand equivalents 14.82%
Reverse Repos/ CBLOs 9.96%
AA+/AA-/AAand equivalents 6.13%
Net CurrentAssets -6.63%
Dividend DeclarationRecord Date / periodof dividend declared
Dividend ( per unit)Non-Institutional
` Dividend ( per unit)Institutional
` NAV ( ) per unit(cum dividend)
`
HSBC Income Fund - Investment Plan - Regular Option - Quarterly Dividend
HSBC Income Fund - Investment Plan - Institutional Option - Quarterly Dividend
25-Jun-15 0.17334 0.16060 11.2788
28-Sep-15 0.17334 0.16060 11.3365
28-Dec-15 0.17334 0.16060 11.2172
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 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 diversifiedportfolio of fixed incomesecurities
HSBC Income Fund - Investment Plan (HIF-IP)
* Investors should consult their financial advisers if in doubt aboutwhether the product is suitable for them.
HSBC Income Fund - Short Term Plan (HIF-STP)An Open Ended Income Scheme
Investment Objective:Aims to provide reasonable income through a diversified portfolio of fixed income securities. TheAMC’sview of interest rate trends and the nature of the Plans will be reflected in the type and maturities of securities in which the ShortTerm and Investment Plans are invested.
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
29.02.16
Monthly Average AUM(In Lakhs)
@
Weighted Average Monthly Total Expenses ratios(Annualized)
Regular 1.21%
Direct Plan 0.26%Excludes service tax on Investment Management fees of 0.15%of Total NetAssets.
Asset Allocation
Corporate/ PSU Debt 70.65%Money Market Instruments 14.57%Government Securities 10.58%Cash Equivalents 3.29%Net CurrentAssets 0.91%
@ Effective from March 1, 2013 for prospective investments.
* Based on invested Amount
FUND PORTFOLIO
Money Market Instruments
Certificate of Deposit
Commercial Paper
Corporate Bonds / Debentures
Zero Coupon Bonds
IDBI Bank 2,873.12 1.97% CRISIL A1+Export Import Bank of India 2,311.10 1.59% CRISIL AAASIDBI 2,305.75 1.58% CARE A1+Punjab & Sind Bank 1,495.53 1.03% [ICRA]A1+State Bank of Hyderabad 997.23 0.68% [ICRA]A1+Andhra Bank 996.68 0.68% CARE A1+
Adani Ports & Special Economic Zone 4,870.72 3.34% [ICRA]A1+AU Financiers India 2,492.26 1.71% Fitch A1+AU Financiers India 2,421.68 1.66% Fitch A1+Adani Ports & Special Economic Zone 488.14 0.33% [ICRA]A1+
L&T Finance 7,473.28 5.13% CARE AA+Power Finance Corporation 7,457.69 5.12% CRISIL AAARural Electrification Corporation 6,041.38 4.15% CRISIL AAANABARD 4,998.25 3.43% CRISIL AAALIC Housing Finance 4,981.78 3.42% CARE AAATata Capital Financial Services 4,979.34 3.42% CRISIL AA+NABARD 4,956.24 3.40% CRISIL AAAIndian Railway Finance Corporation 3,539.78 2.43% CRISIL AAARural Electrification Corporation 3,478.84 2.39% CRISIL AAAHDFC 3,065.19 2.10% CRISIL AAAPower Grid Corporation of India 3,012.90 2.07% CRISIL AAARural Electrification Corporation 2,548.36 1.75% CARE AAASRF 2,522.30 1.73% Fitch AABajaj Finance 2,517.98 1.73% CRISIL AA+Power Finance Corporation 2,501.17 1.72% CRISIL AAATata Capital Financial Services 2,496.46 1.71% CRISIL AA+Tata Capital Financial Services 2,493.94 1.71% CRISIL AA+Tata Capital Financial Services 2,491.17 1.71% CRISIL AA+LIC Housing Finance 2,484.58 1.70% CARE AAANabha Power 2,481.36 1.70% [ICRA]AAA(SO)Power Grid Corporation of India 2,021.73 1.39% CRISIL AAAHDFC 2,009.18 1.38% CRISIL AAATata Sons 2,004.49 1.38% CRISIL AAAHDFC 1,981.40 1.36% CRISIL AAALIC Housing Finance 1,508.88 1.04% CRISIL AAAKotak Mahindra Prime 1,505.32 1.03% [ICRA]AAAIndia Infradebt 1,489.00 1.02% CRISIL AAAHDFC 1,007.05 0.69% CRISIL AAALIC Housing Finance 1,006.91 0.69% CRISIL AAALIC Housing Finance 1,006.32 0.69% CRISIL AAALIC Housing Finance 1,003.40 0.69% CARE AAAShriram Transport Finance Company 1,002.82 0.69% CRISIL AA+Power Grid Corporation of India 981.84 0.67% CRISIL AAALIC Housing Finance 501.51 0.34% CRISIL AAAShriram Transport Finance Company 271.69 0.19% CRISIL AA+Rural Electrification Corporation 170.32 0.12% CRISIL AAAHDFC 90.16 0.06% CRISIL AAARural Electrification Corporation 70.80 0.05% CRISIL AAA
Cholamandalam Investment & Fin Co 4,169.14 2.86% [ICRA]AACholamandalam Investment & Fin Co 2,607.66 1.79% [ICRA]AA
7.68% GOVT OF INDIA RED 15-12-2023 5,698.25 3.91% SOVEREIGN8.40% GOVT OF INDIA RED 28-07-2024 5,122.50 3.51% SOVEREIGN8.27% GOVT OF INDIA RED- 09-06-2020 3,578.58 2.46% SOVEREIGN8.12% GOVT OF INDIA RED 10-12-2020 1,015.20 0.70% SOVEREIGN
Corporate/ PSU Debt
Government Securities
Cash Equivalents
CBLO 4,795.86 3.29%
Net Current Assets 1,339.97 0.91%
Total Net Assets as on 29-Feb-2016 1,45,734.17 100.00%
IssuerMarket Value
( in Lacs)`
% to NetAssets
Rating10-Dec-02
CRISIL Short Term BondFund Index
24.5506
2.48 years
1.98 years
8.62%
1,48,561.44
Sanjay Shah &
Piyush Harlalka
Available
10,000
1,000 p.m.(SIP)
Nil
`
`
`
Rating Profile
AAAand equivalents 62.55%AA+/AA-/AAand equivalents 22.67%Sovereign 10.58%Reverse Repos/ CBLOs 3.29%Net CurrentAssets 0.91%
Dividend DeclarationRecord Date / periodof dividend declared
Dividend ( per unit)Non-Institutional
` Dividend ( per unit)Institutional
` NAV ( ) per unit(cum dividend)
`
HSBC Income Fund - Short Term Plan - Regular Option - Monthly Dividend
HSBC Income Fund - Short Term Plan - Monthly Dividend - Direct Plan
HSBC Income Fund - Short Term Plan - Institutional Option - Monthly Dividend
HSBC Income Fund - Short Term Plan - Institutional Plus Option - Monthly Dividend
28-Dec-15 0.04862 0.04504 11.140425-Jan-16 0.04480 0.04151 11.1268
28-Sep-15 0.06275 0.05814 11.219626-Oct-15 0.06396 0.05926 11.2627
25-May-15 0.05330 0.04938 12.007825-Jun-15 0.06385 0.05915 11.9934
25-Feb-16 0.04023 0.03727 11.0450
26-Nov-15 0.05678 0.05261 11.2243
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
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 diversifiedportfolio of fixed incomesecurities
HSBC Income Fund - Short Term Plan (HIF-STP)
* Investors should consult their financial advisers if in doubt aboutwhether the product is suitable for them.
HSBC Floating Rate Fund - Long Term Plan (HFRF-LTP)An Open Ended Income Scheme
Investment Objective: Seeks to generate a reasonable return with commensurate risk through investments in floating rate debtinstruments and fixed rate debt instruments swapped for floating rate returns. The Scheme may also invest in fixed rate moneymarket and debt instruments.
34
FUND DETAILS
Date of Allotment
Benchmark
NAV (Growth)(as on )
Average Maturity ofPortfolio
Modified Duration ofPortfolio
Yield To Maturity*
Fund Managers
SIP
Minimum
Application Amount
Sub Options
Exit Load
per unit29.02.16
Monthly Average AUM(In Lakhs)
@
Weighted Average Monthly Total Expenses ratios(Annualized)
Regular 0.57%
Direct Plan -Excludes service tax on Investment Management fees of 0.20%of Total NetAssets.
Asset Allocation
Money Market Instruments 56.99%Cash Equivalents 43.56%Net CurrentAssets -0.55%
@ Effective from March 1, 2013 for prospective investments.
* Based on invested Amount
FUND PORTFOLIO
Money Market Instruments
Cash Equivalents
CBLO 1,135.10 43.56%
Net Current Assets -14.51 -0.55%
Total Net Assets as on 29-Feb-2016 2,605.55 100.00%
Certificate of Deposit
Andhra Bank 498.34 19.13% CARE A1+
Commercial Paper
Edelweiss Financial Services 498.48 19.13% CRISIL A1+
Adani Ports & Special Economic Zone 488.14 18.73% [ICRA]A1+
IssuerMarket Value
( in Lacs)`
% to NetAssets
Rating16-Nov-04
CRISIL Liquid Fund Index
23.3124
0.07 years
0.07 years
7.56%
3,351.40
Kapil Punjabi &
Piyush Harlalka
Available
10,000
1,000 p.m.(SIP)
Growth, Daily Dividend,Reinvestment Weekly
Dividend, Reinvestment,Monthly Dividend (Payout &
Reinvestment)
Nil
`
`
`
Rating Profile
AAAand equivalents 56.99%Reverse Repos/ CBLOs 43.56%Net CurrentAssets -0.55%
Dividend DeclarationRecord Date / periodof dividend declared
Dividend ( per unit)Non-Institutional
` Dividend ( per unit)Institutional
` NAV ( ) per unit(cum dividend)
`
HSBC Floating Rate Fund - Long Term Plan - Regular Option - Monthly Dividend
HSBC Floating Rate Fund - Long Term Plan - Monthly Dividend - Direct Plan
HSBC Floating Rate Fund - Long Term Plan - Institutional Option - Monthly Dividend
28-Dec-15 0.03694 0.03423 10.0512
25-Jan-16 0.03467 0.03212 10.0480
28-Dec-15 0.04406 0.04082 10.0667
25-Jan-16 0.04045 0.03747 10.0621
25-Aug-14 0.06294 0.06028 10.7639
25-Sep-14 0.17600 0.16856 10.7615
25-Feb-16 0.03749 0.03474 10.0519
25-Feb-16 0.04406 0.04082 10.0675
25-Jan-16 0.15875 0.14708 11.6890
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
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 floating rate andfixed rate Debt and MoneyMarket Instruments
HSBC Floating Rate Fund - Long Term Plan (HFRF-LTP)
* Investors should consult their financial advisers if in doubt aboutwhether the product is suitable for them.
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
HSBC Cash Fund (HCF)An Open Ended Liquid Scheme
Investment Objective: Aims to provide reasonable returns, commensurate with low risk while providing a high level of liquidity,through a portfolio of money market and debt securities.
FUND DETAILS
Date of Allotment
Benchmark
NAV (Growth)
(as on 29 )
Average Maturity ofPortfolio
Modified Duration
of Portfolio
Yield To Maturity*
Fund Manager
SIP
Minimum
Application Amount
Sub Options
Exit Load
per unit
.02.16
Monthly Average AUM(In Lakhs)
@
Asset Allocation
Money Market Instruments 81.66%Cash Equivalents 15.70%Fixed Deposit 2.83%Treasury Bill ~0.00%Net CurrentAssets -0.19%
@ Effective from March 1, 2013 for prospective investments.
* Based on invested Amount
FUND PORTFOLIO
Money Market Instruments
Certificate of Deposit
Commercial Paper
Fixed Deposit
Corporation Bank 7,500.00 4.24% CRISIL A1+
Syndicate Bank 7,495.69 4.24% CARE A1+
Canara Bank 5,000.00 2.83% CRISIL A1+
Andhra Bank 4,997.11 2.83% CARE A1+
Oriental Bank of Commerce 4,997.05 2.83% CRISIL A1+
Export Import Bank of India 4,985.06 2.82% CRISIL A1+
IDBI Bank 4,962.45 2.81% CRISIL A1+
Oriental Bank of Commerce 4,932.66 2.79% CRISIL A1+
Punjab & Sind Bank 4,932.29 2.79% [ICRA]A1+
IDBI Bank 4,922.63 2.79% CRISIL A1+
The South Indian Bank 4,920.63 2.78% CARE A1+
Corporation Bank 2,499.04 1.41% CRISIL A1+
Punjab & Sind Bank 2,496.61 1.41% [ICRA]A1+
Axis Bank 2,496.54 1.41% CRISIL A1+
Oriental Bank of Commerce 2,495.58 1.41% CRISIL A1+
Vijaya Bank 2,495.15 1.41% CARE A1+
Corporation Bank 2,495.08 1.41% CRISIL A1+
Andhra Bank 2,493.19 1.41% CARE A1+
Bank of India 2,491.65 1.41% CRISIL A1+
Punjab & Sind Bank 2,491.59 1.41% CARE A1+
Punjab National Bank 2,490.18 1.41% CARE A1+
Andhra Bank 2,489.65 1.41% CARE A1+
State Bank of Patiala 2,489.21 1.41% [ICRA]A1+
Cox & Kings 7,496.82 4.24% CARE A1+
Kalpataru Power Transmission 5,000.00 2.83% CARE A1+
Capital First 4,992.72 2.83% CARE A1+
Dewan Housing Finance Corporation 4,985.27 2.82% CRISIL A1+
India Infoline Finance 4,983.07 2.82% [ICRA]A1+
Aditya Birla Finance 4,923.77 2.79% [ICRA]A1+
Inox Wind 4,923.48 2.79% CRISIL A1+
Magma Fincorp 2,498.39 1.41% CARE A1+
Edelweiss Financial Services 2,496.31 1.41% CRISIL A1+
Dewan Housing Finance Corporation 2,494.86 1.41% CRISIL A1+
Reliance Capital 2,493.20 1.41% CRISIL A1+
Capital First 2,492.55 1.41% CARE A1+
Tata Capital Financial Services 2,491.65 1.41% [ICRA]A1+
JM Financial Products 2,490.81 1.41% [ICRA]A1+
IndusInd Bank 5,000.00 2.83% Fixed Deposit
91 Days Treasury Bill Red 31-03-2016 8.70 0.00% SOVEREIGN
Fixed Deposit
Treasury Bill
Cash Equivalents
CBLO 27,738.43 15.70%
Net Current Assets -386.20 -0.19%
Total Net Assets as on 29-Feb-2016 1,76,692.84 100.00%
IssuerMarket Value
( in Lacs)`
% to NetAssets
Rating04-Dec-02
CRISIL Liquid Fund Index
1497.2407
0.06 years
0.06 years7.77%
1,82,553.02
Kapil Punjabi
Available
10,000
1,000 p.m.(SIP)
Growth, Daily Dividend,Reinvestment
Weekly Dividend,Reinvestment,
Monthly Dividend (Payout &Reinvestment)
Nil
`
`
`
Rating Profile
AAAand equivalents 81.66%Reverse Repos/ CBLOs 15.70%Fixed Deposit 2.83%
Net CurrentAssets -0.19%Sovereign ~0.00%
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
28-Dec-15 4.62768 4.28746 1006.4637
25-Jan-16 4.14363 3.83899 1005.7935
28-Dec-15 4.66015 4.31754 1006.6911
25-Jan-16 4.17196 3.86524 1006.0152
25-Feb-16 4.57001 4.23402 1006.3838
25-Feb-16 4.60139 4.26310 1006.6098
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.`
Weighted Average Monthly Total Expenses ratios(Annualized)
Regular 0.06%
Direct Plan 0.01%
Currently there is no Service Tax levied due to nil InvestmentManagement Fees being charged.
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 (HCF)
35
* Investors should consult their financial advisers if in doubt aboutwhether the product is suitable for them.
~ indicates less than 0.01
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
HSBC Ultra Short Term Bond Fund (HUSBF)An Open Ended Debt Scheme
Investment Objective: Seeks to provide liquidity and reasonable returns by investing primarily in a mix of short term debt andmoney market instruments.
36
FUND DETAILS
Date of Allotment
Benchmark
NAV (Growth)
(as on )
Average Maturity ofPortfolio
Modified Duration
of Portfolio
Yield To Maturity*
Fund Managers
SIP
Minimum ApplicationAmount
Sub Options
Exit Load
per unit
29.02.16
Monthly Average AUM(In Lakhs)
@
Asset Allocation
Money Market Instruments 59.27%
Corporate/ PSU Debt 27.31%
Cash Equivalents 15.08%
Net CurrentAssets -1.66%
@ Effective from March 1, 2013 for prospective investments.
** Composite index of CRISIL Liquid Fund Index(90%) andCRISIL Short Term Bond Fund Index(10%).
* Based on invested Amount
FUND PORTFOLIO
Money Market Instruments
Certificate of Deposit
Commercial Paper
Corporate Bonds / Debentures
Zero Coupon Bonds
State Bank of Bikaner & Jaipur 5,000.00 10.49% CARE A1+
Export Import Bank of India 2,311.10 4.85% CRISIL AAA
SIDBI 2,305.75 4.84% CARE A1+
IDBI Bank 1,760.94 3.70% CRISIL A1+
State Bank of Hyderabad 1,495.85 3.14% [ICRA]A1+
Punjab & Sind Bank 997.02 2.09% [ICRA]A1+
Andhra Bank 996.68 2.09% CARE A1+
Adani Ports & Special Economic Zone 3,905.14 8.19% [ICRA]A1+
National Fertilizers 2,498.37 5.24% CRISIL A1+
AU Financiers India 2,492.26 5.23% Fitch A1+
Cox & Kings 2,491.43 5.23% CARE A1+
Edelweiss Financial Services 1,993.92 4.18% CRISIL A1+
Indiabulls Housing Finance 2,501.38 5.25% CARE AAA
HDFC 1,006.94 2.11% CRISIL AAA
Rural Electrification Corporation 1,005.82 2.11% CARE AAA
HDFC 1,005.32 2.11% CRISIL AAA
LIC Housing Finance 996.36 2.09% CARE AAA
Tata Capital Financial Services 996.10 2.09% CRISIL AA+
Shriram Transport Finance Company 503.13 1.06% CRISIL AA+
Bajaj Finance 502.60 1.05% [ICRA]AA+
LIC Housing Finance 501.51 1.05% CRISIL AAA
Tata Sons 501.12 1.05% CRISIL AAA
Shriram Transport Finance Company 60.15 0.13% CRISIL AA+
HDFC 1,347.50 2.83% CRISIL AAA
Cholamandalam Investment & Fin Co 1,043.06 2.19% [ICRA]AA
Cholamandalam Investment & Fin Co 1,042.29 2.19% [ICRA]AA
Corporate/ PSU Debt
Cash Equivalents
CBLO 7,187.96 15.08%
Net Current Assets -793.37 -1.66%
Total Net Assets as on 29-Feb-2016 47,656.32 100.00%
IssuerMarket Value
( in Lacs)`
% to NetAssets
Rating17-Oct-06
CustomisedBenchmark Index**
13.2340
0.45 years
0.42 years8.05%
43,607.42
Piyush Harlalka &Kapil Punjabi
Available10,000
1,000 p.m.(SIP)Growth, Daily Dividend,
ReinvestmentWeekly Dividend,
ReinvestmentMonthly Dividend (Payout &
Reinvestment)Nil
`
`
`
Rating Profile
AAAand equivalents 77.87%
Reverse Repos/ CBLOs 15.08%
AA+/AA-/AAand equivalents 8.71%
Net CurrentAssets -1.66%
Dividend DeclarationRecord Date / periodof dividend declared
Dividend ( per unit)Non-Institutional
` Dividend ( per unit)Institutional
` NAV ( ) per unit(cum dividend)
`
HSBC Ultra Short Term Bond Fund - Institutional Option - Monthly Dividend
HSBC Ultra Short Term Bond Fund - Monthly Dividend - Direct Plan
HSBC Ultra Short Term Bond Fund - Institutional Plus Option - Monthly Dividend
28-Dec-15 0.03486 0.03230 10.1751
25-Jan-16 0.03680 0.03409 10.1777
25-Feb-16 0.03134 0.02903 10.1702
25-Jun-14 0.15218 0.14575 10.1953
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
Upon payment of dividend, the NAV per unit falls to the extent of payout and statutory levy, if any. Face value: 10 per unit.`
Weighted Average Monthly Total Expenses ratios(Annualized)
Regular 0.89%
Direct Plan 0.10%
Excludes service tax on Investment Management fees of 0.16%Regular Plan and 0.15% Direct Plan of Total NetAssets.
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 Debt / Money
Market Instruments
HSBC Ultra Short Term Bond Fund (HUSBF)
* Investors should consult their financial advisers if in doubt aboutwhether the product is suitable for them.
HSBC Flexi Debt Fund (HFDF)An Open Ended Debt Scheme
Investment Objective: Seeks to deliver returns in the form of interest income and capital gains, along with high liquidity,commensurate with the current view on the markets and the interest rate cycle, through active investment in debt and moneymarket instruments.
37
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 unit29.02.16
Monthly Average AUM(In Lakhs)
@
Asset Allocation
Government Securities 70.77%
Cash Equivalents 16.01%
Corporate/ PSU Debt 15.89%
Money Market Instruments 4.79%
Net CurrentAssets -7.46%
@ Effective from March 1, 2013 for prospective investments.
* Based on invested Amount
FUND PORTFOLIO
Money Market Instruments
Certificate of Deposit
Corporate Bonds / Debentures
Export Import Bank of India 2,311.10 4.79% CRISIL AAA
Rural Electrification Corporation 3,156.04 6.55% CARE AAA
Shriram Transport Finance Company 2,508.51 5.20% CRISIL AA+
HDFC 1,997.65 4.14% CRISIL AAA
8.27% GOVT OF INDIA RED- 09-06-2020 8,016.01 16.63% SOVEREIGN
7.68% GOVT OF INDIA RED 15-12-2023 7,553.40 15.67% SOVEREIGN
7.72% GOVT OF INDIA RED 25-05-2025 4,791.89 9.94% SOVEREIGN
8.40% GOVT OF INDIA RED 28-07-2024 4,681.97 9.71% SOVEREIGN
7.73% GOVT OF INDIA RED 19-12-2034 4,268.22 8.86% SOVEREIGN
7.35% GOVT OF INDIA RED 22-06-2024 3,336.49 6.92% SOVEREIGN
7.59% GOVT OF INDIA RED 11-01-2026 1,466.40 3.04% SOVEREIGN
Corporate/ PSU Debt
Government Securities
Cash Equivalents
CBLO 7,717.34 16.01%
Net Current Assets -3,605.82 -7.46%
Total Net Assets as on 29-Feb-2016 48,199.18 100.00%
IssuerMarket Value
( in Lacs)`
% to NetAssets
Rating05-Oct-07
CRISIL Composite BondFund Index
19.9364
6.59 years
4.46 years
7.98%
49,039.88
Sanjay Shah
Available
10,000
1,000 p.m.(SIP)
Nil
`
`
`
Rating Profile
Sovereign 70.77%
Reverse Repos/ CBLOs 16.01%
AAAand equivalents 15.48%
AA+/AA-/AAand equivalents 5.20%
Net CurrentAssets -7.46%
Dividend DeclarationRecord 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
28-Sep-15 0.18057 0.16729 11.9644
28-Dec-15 0.18057 0.16729 11.8131
28-Dec-15 0.18057 0.16729 12.1308
14-Sep-12 0.35236 0.30201 11.4315
15-Mar-13 0.35236 0.30201 11.6629
15-Mar-13 0.35236 0.30201 10.9757
25-Sep-14 0.31171 0.29853 11.2593
25-Mar-15 0.34842 0.32311 11.8530
25-Aug-15 0.05470 0.05068 10.6611
28-Sep-15 0.09176 0.08501 10.7123
26-Oct-15 0.10868 0.10069 10.7355
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
25-Jun-15 0.18057 0.16729 11.8869
25-Jun-15 0.18057 0.16729 11.8484
28-Sep-15 0.18057 0.16729 11.9326
25-Jun-15 0.18057 0.16729 12.1094
28-Sep-15 0.18057 0.16729 12.2248
25-Mar-15 0.37019 0.34330 12.5368
28-Sep-15 0.36113 0.33458 12.3102
28-Sep-15 0.36113 0.33458 11.6860
Upon payment of dividend, the NAV per unit falls to the extent of payout and statutory levy, if any. Face value: 10 per unit.`
Weighted Average Monthly Total Expenses ratios(Annualized)
Regular 1.57%Direct Plan 0.82%
Excludes service tax on Investment Management fees of 0.16%of Total NetAssets.
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 (HFDF)
* Investors should consult their financial advisers if in doubt aboutwhether the product is suitable for them.
38
HSBC MIP - Savings & Regular Plan
HSBC Income Fund - Investment Plan
HSBC Income Fund - Short Term Plan
HSBC Floating Rate Fund Long Term Plan
HSBC Cash Fund
HSBC Ultra Short Term Bond 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) & Piyush Harlalka (from 05 August 2015)
Kapil Punjabi (from 18 October 2014) & Piyush Harlalka (from 05 August 2015)
Kapil Punjabi (from 14 March 2014)
Piyush Harlalka (from 05 August 2015) & 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 16 years of experience in research and risk
HSBC Asset Management (India) Private Ltd
Senior Vice President & Fund Manager, Fixed Income since October 2011 to present,
Vice President & Fund Manager, Fixed Income since December 2008 to September 2011.
FIL Fund Management Private Ltd
Credit Analyst from September 2008 to December 2008
Lehman Brothers Structured Financial Services Private LtdVice President, Convertible Products from September 2006 to September 2008
Rabo India Finance Private LtdSenior Manager – Credit Risk from July 2004 to September 2006
ICICI Bank LtdManager, Credit Risk from January 2003 to June 2004
SBI Funds Management Private LtdChief 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 9 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 LimitedFund Manager Fixed Income from June 07, 2012 to February 27, 2014.
Edelweiss Asset Management LimitedFund Manager Fixed Income from December 05, 2009 to June 06, 2012.
Edelweiss Securities LimitedManager - Investments from October 2007 to November 2009
Trans Market Group Research (India) Private LimitedResearch Analyst and Proprietary Trader from May 2006 to October 2007.
�
�
�
�
�
Piyush Harlalka
Vice President & Fund Manager – Fixed Income
M.B.A, (Finance), C.A., C.S.
Experience:
Over 9 years of experience in research
HSBC Asset Management (India) Private Limited,
Vice President & Fund Manager – Fixed Income Mutual Fund Division from August 5, 2015 to present;
Vice President & Fund Manager - Portfolio Management Services Division from June 15 to August 4, 2015;
Vice President & Fund Manager – Fixed Income Mutual Fund Division - October 2010 to June 12, 2015;
Assistant Vice President - Investment Management - Portfolio Management Services Division - December 2008
to October 2010;
Research Analyst from July 2007 to November 2008.
Batlivala & Karanai Securities Pvt. Ltd. ,
Assistant Vice President & Research Analyst, from April 2006 to June 2007.
�
�
Funds Managed by - Sanjay Shah (for Debt portion) &Aditya Khemani (for Equity portion)
Funds Managed by - Sanjay Shah.
HSBC MIP - Regular Plan
HSBC MIP - Savings Plan
Date of Inception : 24 Feb 04
Date of Inception : 24 Feb 04
Scheme Name & Benchmarks
Scheme Name & Benchmarks
SinceInception
SinceInception
HSBC MIP - Regular Plan - Growth
Crisil MIP Blended Index (Scheme Benchmark)
Crisil 1 Year T-Bill Index (Standard Benchmark)
Crisil 10 Year Gilt Index (Standard Benchmark)
10,000, if invested in HMIP - R, would have become
10,000, if invested in Crisil MIP Blended Index, would have 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
`
`
`
`
HSBC MIP - Savings Plan - Growth
Crisil MIP Blended Index (Scheme Benchmark)
Crisil 1 Year T-Bill Index (Standard Benchmark)
Crisil 10 Year Gilt Index (Standard Benchmark)
10,000, if invested in HMIP - S, would have become
10,000, if invested in Crisil MIP Blended Index, would have 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
`
`
`
`
4.51% 17.31% 3.83% 8.01%
6.80% 16.88% 4.13% 7.75%
8.23% 8.48% 5.83% 5.87%
7.55% 14.34 -1.06 5.17
10,451 11,731 10,383 24,944
10,680 11,688 10,413 24,245
10,823 10,848 10,583 19,676
10,755 11,434 9,894 18,180
% % %
` ` ` `
` ` ` `
` ` ` `
` ` ` `
4.30% 21.71% 3.76% 9.61%
6.80% 16.88% 4.13% 7.75%
8.23% 8.48% 5.83% 5.87%
7.55 14.34 -1.06 5.17
10,430 12,171 10,376 29,700
10,680 11,688 10,413 24,245
10,823 10,848 10,583 19,676
10,755 11,434 9,894 18,180
% % % %
` ` ` `
` ` ` `
` ` ` `
` ` ` `
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.
Data for the period January to December has been considered in all cases, except for ‘Since Inception’ returns. ‘Since Inception’ (%) returnsare compounded annualised, other % returns are simple annualised. ‘Since inception’ returns are calculated on 10 invested at inception.Standard benchmark is prescribed by SEBI and is used for comparison purposes. Returns on 10,000 are point-to-point returns for thespecific time period, invested at the start of the period. The returns provided above have been rounded off and hence there may be minordifferences between point-to-point returns vis-a-vis returns indicated above.
`
`
Comparative Performance of Debt Schemes
39
Jan 15 -Dec 15
Jan 14 -Dec 14
Jan 13 -Dec 13
Jan 15 -Dec 15
Jan 14 -Dec 14
Jan 13 -Dec 13
HSBC Income Fund - Investment Plan Date of Inception : 10 Dec 02
Scheme Name & Benchmarks SinceInception
HSBC Income Fund - Investment Plan - Growth
Crisil Composite Bond Fund Index (Scheme Benchmark)
Crisil 10 Year Gilt Index (Standard Benchmark)
10,000, if invested in HIF - IP, 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
`
`
`
5.72% 13.88% 2.68% 7.10%
8.65% 14.34% 3.59% 6.48%
7.55% 14.34% -1.06% 5.80%
10,572 11,388 10,268 24,510
10,865 11,434 10,359 22,715
10,755 11,434 9,894 20,889
` ` ` `
` ` ` `
` ` ` `
Jan 15 -Dec 15
Jan 14 -Dec 14
Jan 13 -Dec 13
Data for the period January to December has been considered in all cases, except for ‘Since Inception’ returns. ‘Since Inception’ (%) returnsare compounded annualised, other % returns are simple annualised. ‘Since inception’ returns are calculated on 10 invested at inception.Standard benchmark is prescribed by SEBI and is used for comparison purposes. Returns on 10,000 are point-to-point returns for thespecific time period, invested at the start of the period. The returns provided above have been rounded off and hence there may be minordifferences between point-to-point returns vis-a-vis returns indicated above.
`
`
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
`
`
`
5.96% 13.88% 4.28% 8.72%
8.65% 14.34% 3.59% 7.58%
7.55% 14.34% -1.06% 6.61%
10,596 11,388 10,428 19,922
10,865 11,434 10,359 18,267
10,755 11,434 9,894 16,955
` ` ` `
` ` ` `
` ` ` `
Past performance may or may not be sustained in the future. Refer note below.
Comparative Performance of Debt Schemes
40
HSBC Income Fund - STP Date of Inception : 10 Dec 02
Scheme Name & Benchmarks SinceInception
HSBC Income Fund - S T P - Growth
Crisil Short Term Bond Fund Index (Scheme Benchmark)
Crisil 1 Year T-Bill Index (Standard Benchmark)
10,000, if invested in HIF -ST, 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
`
`
`
7.84% 9.88% 7.00% 7.06%
8.65% 10.45% 8.25% 7.01%
8.23% 8.48% 5.83% 5.83%
10,784 10,988 10,700 24,402
10,865 11,045 10,825 24,226
10,823 10,848 10,583 20,959
` ` ` `
` ` ` `
` ` ` `
Past performance may or may not be sustained in the future. Refer note below.
Fund Managed by - Sanjay Shah & Piyush Harlalka.
Jan 15 -Dec 15
Jan 14 -Dec 14
Jan 13 -Dec 13
Jan 15 -Dec 15
Jan 14 -Dec 14
Jan 13 -Dec 13
HSBC FRF - LTP - Regular Plan Date of Inception : 16 Nov 04
Scheme Name & Benchmarks SinceInception
HSBC FRF - LTP - Growth
Crisil Liquid Fund Index (Scheme Benchmark)
Crisil 1 Year T-Bill Index (Standard Benchmark)
10,000, if invested HFRF - LTP, would have become
10,000, if invested in Crisil Liquid Fund Index, would have become
10,000, if invested in Crisil 1 Year T-Bill Index, would have become
`
`
`
8.11% 8.75% 9.03% 7.78%
8.23% 9.21% 9.04% 7.21%
8.23% 8.48% 5.83% 6.09%
10,811 10,875 10,903 23,030
10,823 10,921 10,904 21,705
10,823 10,848 10,583 19,314
` ` ` `
` ` ` `
` ` ` `
Past performance may or may not be sustained in the future. Refer note below.
Fund Managed by - Kapil Punjabi & Piyush Harlalka.
Jan 15 -Dec 15
Jan 14 -Dec 14
Jan 13 -Dec 13
HSBC Cash Fund@
Date of Inception: 04 Dec 02
Scheme Name & Benchmarks Jan 15 -Dec 15
Jan 14 -Dec 14
Jan 13 -Dec 13
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 Ultra Short Term Bond Fund$
Date of Inception :17 Oct 06
Scheme Name & Benchmarks SinceInception
HSBC Ultra Short Term Bond Fund - Growth
Customised Benchmark Index Fund (Scheme Benchmark)*
Crisil 1 Year T-Bill Index (Standard Benchmark)
10,000, if invested in HUSTBF, would have become
10,000, if invested in Customised Benchmark Index, would have become
10,000, if invested in Crisil 1 Year T-Bill Index, would have become
`
`
`
8.08% 9.18% 8.83% 8.69%
8.27% 9.33% 8.96% 8.78%
8.23% 8.48% 5.83% 7.55%
10,808 10,918 10,883 13,113
10,827 10,933 10,896 13,148
10,823 10,848 10,583 12,669
` ` ` `
` ` ` `
` ` ` `
Past performance may or may not be sustained in the future. Refer note below.
Last 7 Daysas on 31Dec 2015
Last 15 Daysas on 31Dec 2015
Last 30 Daysas on 31Dec 2015
7.74% 7.58% 7.42% 8.31% 9.08% 9.30% 8.84%
8.95% 8.22% 7.57% 8.23% 9.21% 9.04% 8.68%
7.43% 7.25% 7.03% 8.08% 9.07% 8.27% 8.32%
10,015 10,031 10,061 10,831 10,908 10,930 14,795
10,017 10,034 10,062 10,823 10,921 10,904 14,695
10,014 10,030 10,058 10,808 10,907 10,827 14,470
` ` ` ` ` ` `
` ` ` ` ` ` `
` ` ` ` ` ` `
Past performance may or may not be sustained in the future. Refer note below.
@ 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 forcalculating performance. The inception date of HSBC Cash Fund however is 4 December 2002.
Data for the period has been considered in all cases, except for ‘Since Inception’ returns. ‘Since Inception’ (%) returns arecompounded annualised, other % returns are simple annualised. ‘Since inception’ returns are calculated on 10 invested at inception. Standard benchmark isprescribed 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 theperiod. The returns provided above have been rounded off and hence there may be minor differences between point-to-point returns vis-a-vis returnsindicated above.
January to December`
`
Comparative Performance of Debt Schemes
41
Fund Managed by - Piyush Harlalka & Kapil Punjabi.
* Composite index of CRISILLiquid Fund Index (90%) and CRISILShort Term Bond Fund Index (10%).
$ Pursuant to SEBI circular dated Sept. 13, 2012, certain Plans / Options within the schemes have been discontinued to comply with a single planstructure.Since there was no continuous NAV history available for the surviving Plan prior to 1 October 2012, returns since the said date have been consideredfor calculating performance. The inception date of HSBC Ultra Short Term Bond Fund however is 17 October 2006.
Fund Managed by - Kapil Punjabi.
Jan 15 -Dec 15
Jan 14 -Dec 14
Jan 13 -Dec 13
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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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
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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
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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,
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Management (India) Private Ltd.
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