The Asset
Factsheet February 2018
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 Emerging Markets Fund
HSBC Brazil Fund
HSBC Managed Solutions India - Growth
HSBC Managed Solutions India - Moderate
HSBC Managed Solutions India - Conservative
Fund Managers - Equity
Fund Manager Wise Comparative Performance of Equity Schemes
HSBC Monthly Income Plan
HSBC Dynamic Fund
HSBCAsia Pacific (Ex Japan) Dividend Yield Fund
HSBC Income Fund - Investment Plan
HSBC Income Fund - Short Term Plan
HSBC Cash Fund
HSBC Ultra Short Term Bond Fund
HSBC Flexi Debt Fund
Fund Managers - MIP & Debt
Comparative Performance of Debt Schemes
Section II - How to read Factsheet
HSBC Global Consumer Opportunities Fund
SIP Performance of Equity Schemes
Fund Manager Wise
01
05
06
07
08
09
10
11
12
13
14
15
16
17
20
25
30
31
32
33
34
35
36
37
38
18
-
Equity markets underwent correction
Influenced by both global as well as domestic cues, the equity markets traded weak during February. The frontline market indices recorded
their worst monthly returns in almost two years (i.e. since Feb-2016). NSE Nifty and S&P BSE Sensex traded down losing 4.9% and 5%
respectively, while the broader market indices S&P BSE Midcap and Smallcap, marginally outperformed the market indices, though still were
down returning -4.6% & -3.1% respectively.The performance of the domestic indices mirrored that of the weak returns generated by most of
the global equity indices, primarily on account of concerns around faster than expected interest rate increases in the US.
Local factors also added to the weak investor sentiments. The introduction of 10% Long Term Capital Gain Tax (LTCG) on equities in the
Union budget acted as a dampening factor for equity markets. The unraveling of substantial fraud at a prominent Public Sector Bank and
further news flows around the same, impacted market sentiments adversely, especially the banking sector names.
On the other hand, the macro data pointers released during the month painted an improving picture of the economy. The GDP growth for the
Oct – Dec 2017 quarter accelerated to 7.2% YoY compared to 6.5% YoY growth recorded in the previous quarter. The GDP print also came
above market expectation of about 7% YoY growth. The nominal GDP growth also improved to 11.9% YoY from 10% in the previous quarter.
The Gross ValueAdded (GVA) growth accelerated to 6.7% YoY up from 6.2% YoY growth recorded in the Jul – Sep 2017 quarter.
Inflation trends showed moderation, with the CPI reading for Jan-2018 coming in at 5.1% YoY compared to 5.2% in
the previous month driven by slightly lower food and fuel prices. The Wholesale Price Index or WPI inflation also decelerated to 2.8% YoY
compared to 3.6% YoY for the month of Dec-2017. The industrial output (as measured by Index of Industrial Production or IIP), remained at a
good growth trajectory delivering 7.1% YoY for Dec-2017 (however growth slightly moderated compared to 8.8% YoY in Nov-2017). On the
external trade front, strong growth in imports led to an increase in the overall trade deficit while exports growth moderated but still recorded a
growth of 9.1% YoY. The acceleration in imports growth (26.1% YoY) implies continued robust domestic demand scenario.
The underlying trends for 3QFY18 (Oct – Dec 2017) results season showed good signs of earnings growth recovery, though the reported
number got impacted by weak treasury income especially from banks and a Profit after Tax or PAT loss reported by SBI. The aggregate
earnings growth for Nifty index constituents came in at about 7% YoY*, while excluding SBI, the earnings growth improved to about 16%
YoY*. This trajectory compares to flat earnings growth (YoY) recorded in the first half of Fy18.
* MOSLestimates
The Foreign Institutional Investor (FII) flows moved into a negative figure with the net outflows for February at about USD 1.93 bn, recording
the segment’s worst monthly net outflows since Aug-17. The Domestic Institutional Investor (DII) flows on the other hand continued to see
strong net inflows at about USD 2.76 bn*, yet again driven by the domestic MFs. The MFs net bought equities worth USD 2.06 bn* whereas
the domestic insurers turned net buyers for the first time after Oct-17 at about USD 700 mn* of net inflows. The DIIs have seen net inflows of
USD 2.8 bn during the first two months of 2018, entirely driven by the net inflows from MF segment. The FIIs on the other hand have only seen
marginal net inflows of about USD 108 mn in 2018 so far compared to about USD 7.7 bn of net inflows seen during 2017.
The pace of the normalisation of monetary policy by the key central banks and particularly by the US Federal Reserve became the focal point
of discussion for the global equity markets during February. This factor influenced the performance of global markets during the month. The
US treasury yields rose and was volatile during the month on the back of the expectation of a faster pace of interest rate hikes by the Federal
Reserve. In the Eurozone, the minutes of the January policy meeting suggested that the monetary policy stance could be revisited in the near
term, paving way for ending the bond buying programme later in 2018.
Consumer Price Index or
Institutional Fund Flows
External
Global Economic Scenario
*Provisional Data
Fund Manager Commentary
01
Source: Bloomberg; Bombay Stock Exchange (BSE)
Retu
rns %
Sensex Nifty BSE200 BSE500 BSE MidCap BSE SmallCap
-5.0%
-4.5%
-4.0%
-3.5%
-3.0%
-2.5%
-2.0%
-1.5%
-1.0%
-0.5%
0.0%
Indices Performance - Feb 2018
Equity Market Outlook
Monetary Policy Committee or(RBI Policy Minutes)
(Consumer Price Index or CPI)
(Index of Industrial Production or IIP)
Equity market trends turned weak during February influenced by various global as well as local factors. Concerns of a faster than expected
interest rate hike cycle by the US Federal Reserve led to a weak equity performance across the globe. The MSCI Emerging Market Index was
down 4.7%, while the MSCI World Index fell 4.3% and hence the performance of the frontline Indian equity Indices in February were broadly
in-line that of the global equity indices. Additionally, some domestic factors such as the introduction of LTCG tax and the news flows around
the significant fraud at a prominent Public Sector Bank led to subdued investor sentiments.
However, the macro data releases during the month support the thesis of an improving domestic economy. The GDP growth is rebounding,
the industrial production growth trajectory has improved while after showing signs of hardening in the recent past, the inflation trends have
stabilized. We are also in a phase of recovery for corporate earnings and the underlying trends from 3QFY18 results season provide
confidence to this assessment. The budget document for FY19 also appear balanced and not overly populist as the government has
considered a realistic approach to the fiscal aspects, while at the same time has provided room for social spends.
We expect earnings growth in India to remain strong for the remainder of FY18 and well into the next financial year. However valuations
remain in a higher than historical range vis-à-vis earnings. The expected increase in RoEs following margin expansion and lower rates of
interest signal a stable environment in spite of the current high valuations. We do expect market volatility to be driven by political and
geopolitical events as and when they occur during the year but we do not think fundamentals to deteriorate very significantly. Interest rates in
India will be range bound with short spurts of easing on the back of news flow and vice versa. However we do not expect them to rise
substantially in the near future and nor do we expect a steep fall in the same. The other factors to closely track would be the global economy,
global crude price dynamics, rising trends of protectionism in the developed economies and the interest rate actions in the US.
We remain constructive on the India story from a medium to long term perspective. For investors with a long term investment horizon, equity
investments provide the potential to deliver relatively better returns vis-à-vis other alternatives and also can act as an avenue for long term
wealth creation. Therefore, we continue to urge investors to approach equity investing from a long term perspective and always keep the
asset allocation plan in mind, taking into account one’s risk appetite and future goals in mind.
MPC minutes were released and were seemingly more hawkish in contrast to the
announcements made on the policy day. All members were concerned about the rising inflation risks due to the higher Minimum Support
Prices or MSPs; fiscal slippage; etc. The members have chosen a status quo on policy rates as growth recovery appears fairly nascent.
The growth-inflation mix will continue to drive the MPC decision in the near term and they are likely not to hike in haste and will likely wait for
the further GOI actions on MSP to assess the direct impact on inflation.
GST collections for the month of Jan 2018 was reported at INR 863.2 bn which was flat as compared to Dec 2017, representing
69% of the total tax payers. Out of this INR 142 bn is CGST, INR 199 bn is SGST and INR 438 bn is IGST. Overall while collections are
flat, the expectation is that with e-way bill implementation and better compliance, collections may improve these numbers in future.
CPI inflation for the month of Jan 2018 was 5.07% from 5.21% in Dec 2017, The moderation in inflation was
primarily a result of lower food inflation. At the same time, YoY rise in fuel inflation was largely capped, despite a spike in crude oil prices;
keeping overall inflation restrained. Going forward too, inflation is expected to hover around the 5% and may exceed the 5.0% mark starting
Apr 2018 as the effect of adverse base would set-in.
For the second consecutive month, India’s industrial production growth rose strongly (in over the last
two years), posting a print of 7.1% YoY in Dec 2017 vis-à-vis 8.8% in Nov 2017 perhaps indicating the beginning on broad based growth. The
growth was seen in the sectors such as manufacturing, electricity, capital goods and consumer non-durables while consumer durables, and
infrastructure were a tad weak.
(GST)
RBI's Monetary Policy, Economic Indicators
Inflation
Fund Manager Commentary
02
Source: Bloomberg; Central Statistical Organization (CSO) India
Infl
atio
n G
row
th(%
)
CPI Inflation (%)
Consumer Price Index (CPI)
0
1%
2%
3%
4%
5%
6%
7%
De
c-1
4
Ma
y-1
5
Oct-
15
Fe
b-1
6
Jul-
16
Nov-1
6
Apr-
17
Se
p-1
7
Jan-1
8
(Trade deficit)
(Oil)
( )
( )
Oil prices have been volatile in the month of Feb reaching lows of USD 62 / barrel from highs of USD 70/ barrel. The decline driven by news
around increasing US production. However the decline was quickly reversed with oil heading back towards USD 67-68 mark driven by OPEC
members particularly Saudi reiterating that they will maintain oil output levels to keep the prices under control. Subsequent update from the US that
they will maintain healthy supply again changed the trend towards the end of the month around USD 66/barrel levels.
INR spot witnessed activity and depreciated shortly to levels breaching 65 to USD. This was largely due to PNB fraud which witnessed
covering on the spot due to trade related settlements. RBI also was heard on the street to be intervening due to increased volatility. FPI debt flows
have been stable and equity flows for the month have been negative USD 1.5 bln.
Q3 GDP picked up to 7.2% from 6.5% in the previous quarter and higher than consensus estimates. CSO has alongside revised its full year
GDP estimates to 6.6% from 6.5% and Gross Value Added or GVA to 6.4% from 6.1%. The key triggers have been agriculture, construction and
manufacturing. While base effect has played some role (as last year this quarter was impacted by demonetisation), the Q3 data definitely indicates a
visible recovery in economy.
Liquidity remains negative
Trade deficit worsened to USD 16.3 bn in January from USD 14.8 bn in November. Ove the last three months, the trade deficit has
been sliding with theApril –Jan FY18 deficit at USD 136 bn vs USD 88 bn in the same period last year. This has been driven by the slower exports while
oil imports have surged by 40% due to spike in oil prices.Alongside non-oil non-gold imports have also been rising.
Bearish sentiments continue in the market. While there was some relief post RBI policy, the relief was short-lived. Hawkish MPC minutes, currency
depreciating towards 65, US Treasury bonds trading negatively and volatility in oil price has kept the markets on the edge, Post MPC minutes yields
touched near term highs of 7.80% on the benchmark. However, the markets were quick to recover as absolute yields appeared attractive Currently
markets are trading with low volumes which can drive yields in either direction swiftly.
State Developed Loans or SDLauction spreads have been in the range of 60-65 bps in the absence of large institutional buyers. Regulatory change in
the investment pattern of pension funds is likely to keep demand supply balanced.
Currency
GDP
Liquidity saw continued tightening and remained negative throughout the month (excluding MSS). Also with the expectations that government is
going to carry additional cash of INR 393 bn, room for liquidity easing remains limited. Towards the end of the fiscal year MSS redemption of INR 1000
bn may provide some relief. RBI announced a 41 Repo of INR 250 bn. While this has not helped ease liquidity to any material level, continued repos or
OMOs (Open Market Operations) may change the needle.
RBI will continue with the vigil on inflation. While policy was more balanced on growth – inflation dynamics, the minutes presented a hawkish tone
which has accentuated market to believe that RBI is more concerned on the inflation rather than growth, pushing the case for a rate hike. Fixed
income market has pushed up yield since last 6 months in a big way to discount most risks projected by RBI.
Markets are expected to trade in a range of 7.50-8.00 depending on global cues. Locally markets appear to have priced in all potential negatives in the
near term and current levels may present attractive entry points. However near term volatility and resumption of central government supply inApril are
the key risks factors that is keeping market on the sidelines
Demand Supply balancing of G Secs will be possibly achieved through foreign participation, tapping retail market for G Secs and encouraging
deposits in banking system.
Markets
Going Forward
03
Fund Manager Commentary
Source: Bloomberg, for all data except where mentioned otherwise
Source: Bloomberg
Gro
wth
%
Index of Industrial Production (IIP)* new series data
IIP YoY Growth in % (New Series; base 2011- 12)
-6%
-1%
4%
9%
14%
Jan/1
3
Ju
n/1
3
No
v/1
3
Apr/
14
Sep/1
4
Feb/1
5
Ju
l/1
5
Dec/1
5
Apr/
16
Sep/1
6
Feb/1
7
Ju
l/1
7
Dec/1
7
Rate
%
Repo Rate Movement
Repo Rate
4%
5%
6%
7%
8%
9%
10%
Jan
/10
Jul/10
Dec/1
0
May/1
1
Oct/11
Ma
r/12
Au
g/1
2
Jan
/13
Jun
/13
Nov/1
3
Ap
r/14
Se
p/1
4
Feb/1
5
Jul/15
Dec/1
5
May/1
6
Oct/16
Ap
r/17
Se
p/1
7
Feb/1
8
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 benchmark for HSBC Equity Fund and HSBC India Opportunities Fund have changed w.e.f. 11th November, 2016 as a more suitable benchmarkwas identified which better matched the portfolio strategy. There has been no change to investment management of the scheme.
Review: HSBC Equity Fund
Positive Contributors
Negative ContributorsEnergy & Utilities - being underweight & certain stock (s) selection hurt performanceFinancials & Industrials - being overweight & certain stock (s) selection hurt performanceInformation Technology – being underweight hurt performance
Materials - being overweight & certain stock (s) selection helped performanceConsumer Staples – certain stock (s) selection helped performance
Review: HSBC India Opportunities Fund
Positive Contributors
Negative Contributors
Industrials, Financials & Information Technology – certain stock (s) selection helped performance
Consumer Staples, Energy & Utilities - being underweight hurt performance
Materials & Telecommunication - certain stock (s) selection hurt performance
Review: HSBC Midcap Equity Fund
Positive Contributors
Negative ContributorsConsumer Discretionary – being underweight & certain stock (s) selection hurt performanceHealthcare & Telecommunication – being underweight hurt performanceMaterials - certain stock (s) selection hurt performance
Consumer Staples & Energy - being overweight & certain stock (s) selection helped performanceUtilities – being underweight helped performance
Review: HSBC Dynamic Fund
The cash levels and sector allocation in the fund are likely to change depending on the market conditions and technical factors.
Review: HSBC Monthly Income Plan
Our current exposure is 24.9% in HMIP. 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 2.24%Direct Plan 1.52%Excludes GST on Investment Management fees of 0.25% ofTotal NetAssets.
0.88
Asset Allocation
Auto 8.21%
AutoAncillaries 2.32%
Banks 30.65%
Cement 1.49%
Construction Project 6.88%
Consumer Non Durables 7.02%
Ferrous Metals 5.31%
Finance 7.13%
Non - Ferrous Metals 4.43%
Oil 2.11%
Petroleum Products 5.91%
Pharmaceuticals 1.37%
Power 1.83%
Software 10.15%
Telecom - Services 2.56%
Other Equity Investments 1.43%
Reverse Repos/CBLOs 1.86%
Net CurrentAssets -0.66%
Total NetAssets 100.00%
Statistical ratios disclosed as per monthly returns (absolute) forthe last 3 years.
$The benchmark was changed w.e.f. 11th November, 2016 as amore suitable benchmark was identified which better matchedthe portfolio strategy. There has been no change to investmentmanagement of the scheme.
@ Effective from March 1, 2013 for prospective investments.
**Risk free rate: 6.05% (FIMMDA-NSE Mibor) as on Feb 28,2018)
Upon payment of dividend, the NAV per unit falls to the extent of payout and statutory levy, if any. Face value: 10 per unit.`
Auto
Maruti Suzuki India 2,212.74 3.30%
Mahindra & Mahindra 2,185.05 3.26%
Tata Motors 1,109.70 1.65%
Motherson Sumi Systems 825.00 1.23%
MRF 733.92 1.09%
HDFC Bank 6,406.28 9.55%
ICICI Bank 4,385.50 6.54%
Yes Bank 3,223.00 4.81%
IndusInd Bank 2,521.13 3.76%
Axis Bank 2,379.38 3.55%
Kotak Mahindra Bank 1,635.83 2.44%
Shree Cement 997.41 1.49%
Larsen & Toubro 4,613.53 6.88%
ITC 3,710.70 5.53%
Britannia Industries 998.85 1.49%
Tata Steel 2,310.30 3.45%
JSW Steel 1,248.80 1.86%
HDFC 2,893.92 4.32%
Indiabulls Housing Finance 1,881.15 2.81%
Vedanta 2,967.75 4.43%
Oil & Natural Gas Corporation 1,412.25 2.11%
Reliance Industries 3,961.38 5.91%
Aurobindo Pharma 920.85 1.37%
NTPC 1,224.38 1.83%
Infosys 4,690.40 6.99%
HCL Technologies 2,115.68 3.16%
Bharti Airtel 1,714.20 2.56%
Auto Ancillaries
Banks
Cement
Construction Project
Consumer Non Durables
Ferrous Metals
Finance
Non - Ferrous Metals
Oil
Petroleum Products
Pharmaceuticals
Power
Software
Telecom - Services
Other Equity Investments 962.74 1.43%
Cash Equivalents
CBLO 642.38 0.96%
Reverse Repos 608.18 0.91%
Net Current Assets -434.64 -0.66%
Total Net Assets as on 28-Feb-2018 67,057.70 100.00%
FUND PORTFOLIO
IssuerMarket Value
( in Lacs)`
% to NetAssets
Dividend DeclarationRecord Date / periodof dividend declared
Dividend ( per unit)Non-Institutional
` Dividend ( per unit)Institutional
` NAV ( ) per unit(cum dividend)
`
HSBC Equity Fund - Dividend
28-Dec-17 3.50000 3.50000 33.2519HSBC Equity Fund - Dividend - Direct Plan
28-Dec-17 3.50000 3.50000 34.7739
10-Nov-15 3.70000 3.70000 29.404602-Nov-16 3.00000 3.00000 30.0022
10-Nov-15 3.70000 3.70000 30.080602-Nov-16 3.00000 3.00000 31.0071
Date of Allotment
BenchmarkNAV (Growth)(as on 28.02.18)Monthly Average AUM(In Lakhs)Fund ManagerSIPMinimumApplication Amount
Exit Load
Standard DeviationBeta (Slope)Sharpe Ratio**
$
@
per unit
Statistical Ratios
10-Dec-02Nifty 50
Neelotpal SahaiAvailable
10,000
1,000 p.m.(SIP)
Nil
4.31%
`
`
`
200.2793
1.03050.0549
66,585.05
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)
06
FUND DETAILS
Weighted Average Monthly Total Expenses ratios(Annualized)
Portfolio Turnover
Regular 2.27%
Direct Plan 1.53%
Excludes GST on Investment Management fees of 0.17% of TotalNetAssets.
0.56
Asset Allocation
Auto 9.19%AutoAncillaries 1.06%Banks 23.88%Cement 3.08%Chemicals 2.49%Construction 2.12%Construction Project 5.34%Consumer Non Durables 4.39%Ferrous Metals 5.08%Finance 10.23%Industrial Capital Goods 1.13%Industrial Products 2.68%Non - Ferrous Metals 4.03%Pesticides 1.07%Petroleum Products 3.89%Pharmaceuticals 1.50%Software 6.60%Telecom - Services 2.08%Textile Products 2.25%Other Equity Investments 7.77%Reverse Repos/CBLOs 2.90%Net CurrentAssets -2.76%Total NetAssets 100.00%
Statistical ratios disclosed as per monthly returns forthe last 3 years.
$The benchmark was changed w.e.f. 11th November, 2016 as amore suitable benchmark was identified which better matchedthe portfolio strategy. There has been no change to investmentmanagement of the scheme.
(absolute)
@Effective from March 1, 2013 for prospective investments.
**Risk free rate: % (FIMMDA-NSE Mibor) as on)
6.05 Feb 28,2018
Upon payment of dividend, the NAV per unit falls to the extent of payout and statutory levy, if any. Face value: 10 per unit.`
FUND PORTFOLIO
Auto
Tata Motors 1,849.50 3.01%
Eicher Motors 1,371.89 2.24%
Maruti Suzuki India 1,327.64 2.16%
Mahindra & Mahindra 1,092.53 1.78%
Balkrishna Industries 652.02 1.06%
HDFC Bank 5,935.23 9.67%
ICICI Bank 4,228.88 6.89%
Yes Bank 2,900.70 4.73%
Axis Bank 1,586.25 2.59%
Dalmia Bharat 1,184.63 1.93%
JK Cement 708.26 1.15%
Balaji Amines 802.94 1.31%
Vinati Organics 724.41 1.18%
Ahluwalia Contracts (India) 663.78 1.08%
Gayatri Projects 635.10 1.04%
Larsen & Toubro 2,636.30 4.30%
Kridhan Infra 638.28 1.04%
ITC 1,855.35 3.02%
Balrampur Chini Mills 838.25 1.37%
Tata Steel 1,786.46 2.91%
Srikalahasthi Pipes 694.70 1.13%
Jindal Steel & Power 636.00 1.04%
Bharat Financial Inclusion 3,078.30 5.02%
Bajaj Finance 2,460.38 4.01%
Cholamandalam Investment & Fin Co. 734.98 1.20%
Sanghvi Movers 692.40 1.13%
Supreme Industries 1,010.69 1.65%
Astral Poly Technik 634.59 1.03%
Vedanta 2,473.13 4.03%
UPL 655.88 1.07%
Reliance Industries 2,386.38 3.89%
Aurobindo Pharma 920.85 1.50%
Infosys 2,638.35 4.30%
HCL Technologies 1,410.45 2.30%
Bharti Airtel 642.83 1.05%
Idea Cellular 629.25 1.03%
Arvind 734.91 1.20%
Welspun India 645.00 1.05%
Auto Ancillaries
Banks
Cement
Chemicals
Construction
Construction Project
Consumer Non Durables
Ferrous Metals
Finance
Industrial Capital Goods
Industrial Products
Non - Ferrous Metals
Pesticides
Petroleum Products
Pharmaceuticals
Software
Telecom - Services
Textile Products
Other Equity Investments 4,769.10 7.77%
Cash Equivalents
CBLO 914.86 1.49%
Reverse Repos 866.15 1.41%
Net Current Assets -1,691.04 -2.76%
Total Net Assets as on 28-Feb-2018 61,356.48 100.00%
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 Plan27-Feb-18 2.25000 2.25000 28.2124
27-Feb-18 2.25000 2.25000 31.1273
10-Nov-15 1.50000 1.50000 21.862424-Mar-17 1.50000 1.50000 25.8408
10-Nov-15 1.50000 1.50000 23.473824-Mar-17 1.50000 1.50000 28.1677
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 28 )
Fund Manager
SIP
Minimum
Application Amount
Exit Load
Standard Deviation
Beta (Slope)
Sharpe Ratio**
$
@
per unit
Monthly Average AUM(In Lakhs)
.02.18
Statistical Ratios
24-Feb-04
S&P BSE 200
62,138.11
Neelotpal Sahai
Available
10,000
1,000 p.m.(SIP)
Nil
4.70%
`
`
`
88.0864
1.0837
0.0699
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 2.34%
Direct Plan 1.53%
Excludes GST on Investment Management fees of 0.17% ofTotal NetAssets.
0.38
Asset Allocation
Statistical ratios disclosed as per monthly returns forthe last 3 years.
(absolute)
@ Effective from March 1, 2013 for prospective investments.
**Risk free rate: % (FIMMDA-NSE Mibor) as on)
6.05 Feb 28,2018
Upon payment of dividend, the NAV per unit falls to the extent of payout and statutory levy, if any. Face value: 10 per unit.`
FUND PORTFOLIO
Auto
VST Tillers Tractors 2,234.45 3.44%
Apollo Tyres 2,100.31 3.23%
Deccan Cements 2,536.80 3.90%
Balaji Amines 3,103.98 4.78%
Vinati Organics 2,353.68 3.62%
GOCL Corporation 1,949.04 3.00%
Navin Fluorine International 1,115.59 1.72%
Indiabulls Real Estate 1,184.43 1.82%
IRB Infrastructure Developers 914.40 1.41%
Ahluwalia Contracts (India) 649.88 1.00%
Kridhan Infra 998.03 1.54%
Apex Frozen Foods 2,143.96 3.30%
Kaveri Seed Company 2,146.29 3.30%
CCL Products (India) 1,658.36 2.55%
Srikalahasthi Pipes 2,328.17 3.58%
Jindal Steel & Power 966.72 1.49%
Indiabulls Housing Finance 2,752.75 4.24%
Manappuram Finance 2,332.80 3.59%
Motilal Oswal Financial Services 2,027.62 3.12%
Dewan Housing Finance Corporation 1,813.38 2.79%
Cholamandalam Investment & Fin Co. 1,556.38 2.39%
Muthoot Finance 1,324.28 2.04%
JM Financial 1,298.44 2.00%
Reliance Capital 1,015.34 1.56%
Sanghvi Movers 1,138.92 1.75%
Ramkrishna Forgings 1,471.59 2.26%
Graphite India 876.79 1.35%
CMI 834.67 1.28%
Jain Irrigation Systems 678.31 1.04%
Jagran Prakashan 1,781.10 2.74%
Gujarat Mineral Development Corporation 2,258.78 3.48%
South West Pinnacle Exploration 881.85 1.36%
Hindustan Petroleum Corporation 1,140.45 1.75%
Aurobindo Pharma 1,010.57 1.55%
Kalpataru Power Transmission 1,152.15 1.77%
Sonata Software 1,841.06 2.83%
One Point One Solutions 821.42 1.26%
Sarla Performance Fibers 844.13 1.30%
Auto Ancillaries
Cement
Chemicals
Construction
Construction Project
Consumer Non Durables
Ferrous Metals
Finance
Industrial Capital Goods
Industrial Products
Media & Entertainment
Minerals/Mining
Oil
Petroleum Products
Pharmaceuticals
Power
Software
Textiles - Synthetic
Other Equity Investments 4,358.12 6.71%
Cash Equivalents
CBLO 739.24 1.14%
Reverse Repos 699.88 1.08%
Net Current Assets -37.49 -0.05%
Total Net Assets as on 28-Feb-2018 64,996.60 100.00%
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 - Dividend19-Nov-10 2.00 2.00 15.486410-Nov-15 2.50 2.50 20.1838
02-Nov-16 1.75 1.75 25.3345
02-Nov-16 1.75 1.75 21.5706HSBC Midcap Equity Fund - Dividend - Direct Plan
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 28 )
Fund Manager
SIP
Minimum
Application Amount
Exit Load
Standard Deviation
Beta (Slope)
Sharpe Ratio**
per unit
Monthly Average AUM(In Lakhs)
@
.02.18
Statistical Ratios
19-May-05
S&P BSE Midcap
62,970.42
Dhiraj Sachdev
Available
10,000
1,000 p.m.(SIP)
Nil
5.91%
`
`
`
61.5646
1.1326
0.1603
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 3.44%
AutoAncillaries 3.23%
Cement 3.90%
Chemicals 13.12%
Construction 4.23%
Construction Project 1.54%
Consumer Non Durables 9.15%
Ferrous Metals 5.07%
Finance 21.73%
Industrial Capital Goods 1.75%
Industrial Products 5.93%
Media & Entertainment 2.74%
Minerals/Mining 3.48%
Oil 1.36%
Petroleum Products 1.75%
Pharmaceuticals 1.55%
Power 1.77%
Software 4.09%
Textiles - Synthetic 1.30%
Other Equity Investments 6.71%
Reverse Repos/CBLOs 2.21%
Net CurrentAssets -0.05%
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 28 )
Fund Manager
SIP
Minimum
Application Amount
Exit Load
Standard Deviation
Beta
Sharpe Ratio**
$
@
per unit
Monthly Average AUM(In Lakhs)
(Slope)
.02.18
Statistical Ratios
23-Feb-06
S&P BSE IndiaInfrastructure Index
17,416.84
Dhiraj Sachdev
Available
10,000
1,000 p.m.(SIP)
Nil
5.67%
`
`
`
25.0204
1.0575
0.0652
Weighted Average Monthly Total Expenses ratios(Annualized)
Portfolio Turnover
Regular 2.48%
Direct Plan 1.71%
Excludes GST on Investment Management fees of 0.33% of TotalNetAssets.
0.37
Asset Allocation
Banks 1.90%
Cement 5.58%
Chemicals 4.68%
Construction 12.60%
Construction Project 6.38%
Ferrous Metals 13.90%
Finance 2.40%
Gas 2.29%
Industrial Capital Goods 8.65%
Industrial Products 13.04%
Minerals/Mining 7.22%
Oil 1.24%
Petroleum Products 7.84%
Power 4.71%
Transportation 3.86%
Other Equity Investments 2.13%
Reverse Repos/CBLOs 0.93%
Net CurrentAssets 0.65%
Total NetAssets 100.00%
Statistical ratios disclosed as per monthly returns forthe last 3 years.
$The benchmark was changed w.e.f. 11th November, 2016 as amore suitable benchmark was identified which better matchedthe portfolio strategy. There has been no change to investmentmanagement of the scheme.
(absolute)
@ Effective from March 1, 2013 for prospective investments.
**Risk free rate: % (FIMMDA-NSE Mibor) as on)
6.05 Feb 28,2018
Upon payment of dividend, the NAV per unit falls to the extent of payout and statutory levy, if any. Face value: 10 per unit.`
FUND PORTFOLIO
Banks
Karnataka Bank 334.50 1.90%
Deccan Cements 984.33 5.58%
GOCL Corporation 825.06 4.68%
KNR Constructions 613.97 3.48%
IRB Infrastructure Developers 502.92 2.85%
Ahluwalia Contracts (India) 470.54 2.67%
Indiabulls Real Estate 355.33 2.01%
NBCC India 280.27 1.59%
Kridhan Infra 655.86 3.72%
Larsen & Toubro 197.72 1.12%
HG Infra Engineering 271.61 1.54%
Srikalahasthi Pipes 1,202.48 6.81%
Jindal Saw 767.84 4.35%
Jindal Steel & Power 483.36 2.74%
Rural Electrification Corporation 424.24 2.40%
Gujarat State Petronet 403.75 2.29%
Sanghvi Movers 716.04 4.06%
Voltamp Transformers 630.21 3.57%
Inox Wind 180.02 1.02%
KEI Industries 1,066.76 6.04%
CMI 644.08 3.65%
Schaeffler India 401.53 2.28%
Graphite India 188.85 1.07%
Gujarat Mineral Development Corporation 1,274.20 7.22%
South West Pinnacle Exploration 218.40 1.24%
Indian Oil Corporation 699.43 3.96%
Hindustan Petroleum Corporation 685.22 3.88%
PTC India 396.50 2.25%
Reliance Infrastructure 252.86 1.43%
Power Grid Corporation of India 181.88 1.03%
Adani Ports & Special Economic Zone 681.94 3.86%
Cement
Chemicals
Construction
Construction Project
Ferrous Metals
Finance
Gas
Industrial Capital Goods
Industrial Products
Minerals/Mining
Oil
Petroleum Products
Power
Transportation
Other Equity Investments 373.71 2.13%
Cash Equivalents
CBLO 83.86 0.48%
Reverse Repos 79.39 0.45%
Net Current Assets 119.10 0.65%
Total Net Assets as on 28-Feb-2018 17,647.75 100.00%
IssuerMarket Value
( in Lacs)`
% to NetAssets
Dividend DeclarationRecord Date / periodof dividend declared
Dividend ( per unit)Non-Institutional
` Dividend ( per unit)Institutional
` NAV ( ) per unit(cum dividend)
`
HSBC Infrastructure Equity Fund Dividend11-May-07 1.00 1.00 12.239026-May-08 1.00 1.00 13.7160
An Open Ended Equity Scheme
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 28 )
Fund Manager
SIP
Minimum
Application Amount
Exit Load
Standard Deviation
Beta (Slope)
Sharpe Ratio**
per unit
Monthly Average AUM(In Lakhs)
@
.02.18
Statistical Ratios
05-Jan-07
S&P BSE 200
Aditya Khemani
Available
500
(Lumpsum & SIP)
Nil
4.53%
`
`
37.8368
1.0088
0.0944
17,959.22
Weighted Average Monthly Total Expenses ratios(Annualized)
Portfolio Turnover
Regular 2.44%
Direct Plan 1.71%
Excludes GST on Investment Management fees of 0.29% of TotalNetAssets.
0.52
Asset Allocation
Auto 6.74%AutoAncillaries 6.33%Banks 30.30%Cement 6.64%Construction 2.83%Construction Project 3.63%Consumer Durables 3.21%Consumer Non Durables 7.82%Chemicals 2.40%Finance 5.28%Industrial Products 4.67%Non - Ferrous Metals 2.97%Petroleum Products 2.12%Pharmaceuticals 3.39%Software 3.70%Telecom - Services 1.95%Textile Products 1.59%Textiles - Cotton 1.42%Transportation 2.22%Other Equity Investments 0.15%Reverse Repos/CBLOs 1.02%Net CurrentAssets -0.38%Total NetAssets 100.00%
Statistical ratios disclosed as per monthly returns forthe last 3 years.
(absolute)
@ Effective from March 1, 2013 for prospective investments.
**Risk free rate: % (FIMMDA-NSE Mibor) as on)
6.05 Feb 28,2018
Upon payment of dividend, the NAV per unit falls to the extent of payout and statutory levy, if any. Face value: 10 per unit.`
FUND PORTFOLIO
Auto
Maruti Suzuki India 892.44 5.02%
Mahindra & Mahindra 305.91 1.72%
MRF 506.40 2.85%
Exide Industries 311.10 1.75%
Amara Raja Batteries 308.34 1.73%
HDFC Bank 1,592.15 8.96%
ICICI Bank 1,592.72 8.96%
IndusInd Bank 890.80 5.01%
Federal Bank 482.67 2.72%
Axis Bank 475.88 2.68%
DCB Bank 349.32 1.97%
NCL Industries 718.28 4.04%
OCL India 462.88 2.60%
Somany Ceramics 503.17 2.83%
Larsen & Toubro 645.89 3.63%
Crompton Greaves Consumer Electrical 348.75 1.96%
Blue Star 222.37 1.25%
ITC 386.70 2.18%
United Spirits 385.16 2.17%
Heritage Foods 340.84 1.92%
Balrampur Chini Mills 275.43 1.55%
Cholamandalam Investment & Fin Co. 602.68 3.39%
JM Financial 336.18 1.89%
Nilkamal 454.44 2.56%
Finolex Cables 374.33 2.11%
Galaxy Surfactants 426.27 2.40%
Vedanta 527.60 2.97%
Reliance Industries 377.05 2.12%
Torrent Pharmaceuticals 362.69 2.04%
Sun Pharmaceutical Industries 239.30 1.35%
Infosys 658.07 3.70%
Bharti Airtel 347.13 1.95%
Indian Terrain Fashions 282.00 1.59%
Indo Count Industries 252.38 1.42%
Interglobe Aviation 394.03 2.22%
Auto Ancillaries
Banks
Cement
Construction
Construction Project
Consumer Durables
Consumer Non Durables
Finance
Industrial Products
Chemicals
Non - Ferrous Metals
Petroleum Products
Pharmaceuticals
Software
Telecom - Services
Textile Products
Textiles - Cotton
Transportation
Other Equity Investments 26.39 0.15%
Cash Equivalents
CBLO 93.09 0.52%
Reverse Repos 88.14 0.50%
Net Current Assets -62.25 -0.38%
Total Net Assets as on 28-Feb-2018 17,776.70 100.00%
IssuerMarket Value
( in Lacs)`
% to NetAssets
Dividend DeclarationRecord Date / periodof dividend declared
Dividend ( per unit)Non-Institutional
` Dividend ( per unit)Institutional
` NAV ( ) per unit(cum dividend)
`
HSBC Tax Saver Equity Fund Dividend
HSBC Tax Saver Equity Fund Dividend Direct30-Jan-18 2.50000 2.50000 26.4229
30-Jan-18 2.50000 2.50000 27.6259
23-Mar-16 1.50000 1.50000 19.467524-Mar-17 1.50000 1.50000 23.1073
23-Mar-16 1.50000 1.50000 19.995024-Mar-17 1.50000 1.50000 23.9550
An Open Ended Equity Linked Savings Scheme (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 28 )
Fund Managers
SIP
Minimum
Application Amount
Exit Load
Standard Deviation
Beta (Slope)
Sharpe Ratio**
per unit
Monthly Average AUM(In Lakhs)
@
.02.18
Statistical Ratios
24-Sep-07
S&P BSE 200
Neelotpal Sahai
(for Equity portion)
Sanjay Shah
(for Fixed Income portion)
Available
10,000
1,000 p.m.(SIP)
Nil
`
`
`
3.56%
17.6588
0.8555
0.0450
4,464.91
Weighted Average Monthly Total Expenses ratios(Annualized)
Portfolio Turnover
Regular 2.50%
Direct Plan 1.80%Excludes GST on Investment Management fees of 0.32% of TotalNetAssets.
0.70
Asset Allocation
Auto 7.28%
Banks 32.64%
Construction Project 5.95%
Consumer Non Durables 6.58%
Ferrous Metals 6.68%
Finance 3.11%
Non - Ferrous Metals 3.72%
Petroleum Products 8.61%
Pharmaceuticals 2.77%
Power 2.95%
Software 10.11%
Telecom - Services 2.90%
Other Equity Investments 0.50%
Reverse Repos/CBLOs 7.47%
Net CurrentAssets -1.27%
Total NetAssets 100.00%
Statistical ratios disclosed as per monthly returns forthe last 3 years.
(absolute)
@ Effective from March 1, 2013 for prospective investments.
**Risk free rate: % (FIMMDA-NSE Mibor) as on)
6.05 Feb 28,2018
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
Mahindra & Mahindra 174.80 3.94%
Tata Motors 147.96 3.34%
HDFC Bank 433.37 9.77%
ICICI Bank 281.93 6.36%
Kotak Mahindra Bank 218.11 4.92%
Axis Bank 185.06 4.17%
IndusInd Bank 168.08 3.79%
Yes Bank 161.15 3.63%
Larsen & Toubro 263.63 5.95%
ITC 291.56 6.58%
Tata Steel 155.81 3.51%
JSW Steel 140.49 3.17%
Indiabulls Housing Finance 137.95 3.11%
Vedanta 164.88 3.72%
Reliance Industries 381.82 8.61%
Aurobindo Pharma 122.78 2.77%
NTPC 130.60 2.95%
Infosys 316.60 7.14%
HCL Technologies 131.64 2.97%
Bharti Airtel 128.57 2.90%
Banks
Construction Project
Consumer Non Durables
Ferrous Metals
Finance
Non - Ferrous Metals
Petroleum Products
Pharmaceuticals
Power
Software
Telecom - Services
Other Equity Investments 22.15 0.50%
Cash Equivalents
CBLO 170.02 3.83%
Reverse Repos 160.96 3.63%
Net Current Assets -56.41 -1.27%
Total Net Assets as on 28-Feb-2018 4,433.49 100.00%
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 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
11
FUND DETAILS
Weighted Average Monthly Total Expenses ratios(Annualized)
Regular 2.66%
Direct Plan 1.81%
(inclusive of underlying scheme's expenses)Excludes GST on Investment Management fees of 0.17% of TotalNetAssets.
Asset Allocation
Overseas Mutual Fund 98.39%
Reverse Repos/CBLOs 2.71%
Net CurrentAssets -1.10%
Total NetAssets 100.00%
Statistical ratios disclosed as per monthly returns forthe last 3 years.
(absolute)
@ Effective from March 1, 2013 for prospective investments.
**Risk free rate: % (FIMMDA-NSE Mibor) as on)
6.05 Feb 28,2018
Upon payment of dividend, the NAV per unit falls to the extent of payout and statutory levy, if any. Face value: 10 per unit.`
FUND PORTFOLIO
Overseas Mutual Fund
Cash Equivalents
CBLO 13.53 1.39%
Reverse Repos 12.81 1.32%
Net Current Assets -10.70 -1.10%
Total Net Assets as on 28-Feb-2018 970.35 100.00%
HSBC GIF Glob Emerg Mkts Eq S1 Dis 954.72 98.39%
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 28 )
Fund Manager
SIP
Minimum
Application Amount
Exit Load
Standard Deviation
Beta (Slope)
Sharpe Ratio**
per unit
Monthly Average AUM(In Lakhs)
@
.02.18
Statistical Ratios
17-Mar-08
MSCI EmergingMarkets Index
961.08
Ranjithgopal K A(Dedicated fund
manager foroverseas
investments)
Available
10,000
1,000 p.m.(SIP)
Nil
4.27%
`
`
`
14.9712
1.0090
0.0700
Dividend Declaration
Record 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 Plan27-Jun-14 0.50000 0.50000 11.5335
27-Jun-14 0.50000 0.50000 11.6656
Investors understand that their principalwill be at High risk
Riskometer
Mod
erately Moderate
Low
Hig
h
Low
High
LOW HIGH
Moderately
This product is suitable forinvestors who are seeking*:
• To create wealth over 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
12
FUND DETAILS
Weighted Average Monthly Total Expenses ratios(Annualized)
Regular 2.43%
Direct Plan 1.58%
(inclusive of underlying scheme's expenses)
Excludes GST on Investment Management fees of 0.05% of TotalNetAssets.
Asset Allocation
Overseas Mutual Fund 97.48%
Reverse Repos/CBLOs 3.76%
Net CurrentAssets -1.24%
Total NetAssets 100.00%
@ Effective from March 1, 2013 for prospective investments.
FUND PORTFOLIO
Overseas Mutual Fund
Cash Equivalents
CBLO 16.02 1.93%
Reverse Repos 15.17 1.83%
Net Current Assets -10.32 -1.24%
Total Net Assets as on 28-Feb-2018 829.47 100.00%
HSBC GIF Asia Pacific Ex Japan Eq HD-S9D 808.60 97.48%
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 AllotmentBenchmark
NAV (Growth)(as on 28 )
Fund Manager
SIPMinimumApplication Amount
Exit Load
per unit
Monthly Average AUM(In Lakhs)
@
.02.18
Standard Deviation
Beta (Slope)
Sharpe Ratio**
Statistical Ratios
24-Feb-14MSCI AC Asia Pacific
ex Japan
Ranjithgopal K A (foroverseas investments),
Sanjay Shah (forinvestments in Indian
Market)Available
10,000
1,000 p.m.(SIP)
Nil
814.57
`
`
`
3.45%
13.9266
0.8910
0.0910
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.
Statistical ratios disclosed as per monthly returns forthe last 3 years.
(absolute)
@ Effective from March 1, 2013 for prospective investments.
**Risk free rate: % (FIMMDA-NSE Mibor) as on)
6.05 Feb 28,2018
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
13
FUND DETAILS
Weighted Average Monthly Total Expenses ratios(Annualized)
Regular 2.66%
Direct Plan 1.81%
(inclusive of underlying scheme's expenses)Excludes GST on Investment Management fees of 0.17% of TotalNetAssets.
Asset Allocation
Overseas Mutual Fund 98.23%
Reverse Repos/CBLOs 3.07%
Net CurrentAssets -1.30%
Total NetAssets 100.00%
Statistical ratios disclosed as per monthly returns forthe last 3 years.
(absolute)
@ Effective from March 1, 2013 for prospective investments.
**Risk free rate: % (FIMMDA-NSE Mibor) as on)
6.05 Feb 28,2018
FUND PORTFOLIO
Overseas Mutual Fund
Cash Equivalents
CBLO 41.60 1.58%
Reverse Repos 39.38 1.49%
Net Current Assets -34.23 -1.30%
Total Net Assets as on 28-Feb-2018 2,639.28 100.00%
HSBC GIF Brazil Equity S3D 2,592.53 98.23%
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 28 )
Fund Manager
SIP
Minimum
Application Amount
Exit Load
Standard Deviation
Beta (Slope)
Sharpe Ratio**
per unit
Monthly Average AUM(In Lakhs)
@
.02.18
Statistical Ratios
06-May-11
MSCI Brazil 10/40 Index
2,577.44
Ranjithgopal K A(Dedicated fund
manager for overseasinvestments)
Available
10,000
1,000 p.m.(SIP)
Nil
9.49%
`
`
`
8.5740
0.9180
0.0590
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
14
FUND DETAILS
Weighted Average Monthly Total Expenses ratios(Annualized)
Regular 2.10%
Direct Plan 1.83%
(inclusive of underlying scheme's expenses)
Excludes GST on Investment Management fees of 0.00% of TotalNetAssets and of 0.21% on the underlying scheme's in which thefund of fund invests.
Asset Allocation
Mutual Fund 98.55%
Reverse Repos/CBLOs 1.62%
Net CurrentAssets -0.17%
Total NetAssets 100.00%
@ Effective from March 1, 2013 for prospective investments.
FUND PORTFOLIO
Mutual Fund
Cash Equivalents
CBLO 133.84 0.83%
Reverse Repos 126.71 0.79%
Net Current Assets -26.98 -0.17%
Total Net Assets as on 28-Feb-2018 16,104.88 100.00%
HSBC Equity Fund - Growth Direct 9,549.60 59.30%
HSBC Midcap Equity Fund - Growth Direct 3,152.37 19.57%
HSBC Income Fund Short Term - Growth Direct 1,444.45 8.97%
HSBC Income Fund Inv Plan Growth Direct 993.81 6.17%
HSBC Flexi Debt Fund Growth Direct 731.09 4.54%
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 28 )
Fund Managers
SIP
Minimum
Application Amount
Exit Load
per unit
Monthly Average AUM
(In Lakhs)
@
.02.18
Standard Deviation
Beta (Slope)
Sharpe Ratio**
Statistical Ratios
30-Apr-14Composite Index constituting80% of S&P BSE 200 Index
and 20% of CRISILBond Index
15,540.91
Ranjithgopal K A (DedicatedFund Manager for investments
in foreign securities)Gautam Bhupal (For managinginvestments in Indian Market –
Equity Portion)Sanjay Shah (For managing
investments in Indian Market –Fixed Income Portion)
Available
5,000
1,000 p.m.(SIP)
Nil
Composite
`
`
`
17.7437
0.9680
0.1140
3.40%
Investors understand that their principalwill be at Moderately High risk
Riskometer
M
oderately Moderate
Low
Hig
h
Low
High
LOW HIGH
Moderately
This product is suitable forinvestors who are seeking*:
• To create wealth over long term
• Investing predominantly in unitsof equity mutual funds as well asin a basket of debt mutual funds,gold & exchange traded funds,offshore mutual funds andmoney market instruments.
HSBC Managed Solutions India - Growth
* Investors should consult their financial advisers if in doubt aboutwhether the product is suitable for them.
Statistical ratios disclosed as per monthly returns forthe last 3 years.
(absolute)
@ Effective from March 1, 2013 for prospective investments.
**Risk free rate: % (FIMMDA-NSE Mibor) as on)
6.05 Feb 28,2018
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
15
FUND DETAILS
Weighted Average Monthly Total Expenses ratios(Annualized)
Regular 2.00%
Direct Plan 1.75%
(inclusive of underlying scheme's expenses)Excludes GST on Investment Management fees of 0.00% of TotalNetAssets and of 0.19% on the underlying scheme's in which thefund of fund invests.
Asset Allocation
Mutual Fund 98.32%
Reverse Repos/CBLOs 2.48%
Net CurrentAssets -0.80%
Total NetAssets 100.00%
FUND PORTFOLIO
Mutual Fund
Cash Equivalents
CBLO 352.96 1.27%
Reverse Repos 334.17 1.21%
Net Current Assets -223.98 -0.80%
Total Net Assets as on 28-Feb-2018 27,709.83 100.00%
HSBC Equity Fund - Growth Direct 13,222.53 47.72%
HSBC Income Fund Short Term - Growth Direct 4,386.77 15.83%
HSBC Midcap Equity Fund - Growth Direct 4,370.64 15.77%
HSBC Flexi Debt Fund Growth Direct 4,268.56 15.40%
HSBC Income Fund Inv Plan Growth Direct 998.18 3.60%
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 28 )
Fund Managers
SIP
Minimum
Application Amount
Exit Load
per unit
Monthly Average AUM
(In Lakhs)
@
.02.18
Standard Deviation
Beta (Slope)
Sharpe Ratio**
Statistical Ratios
30-Apr-14
Aggressive Index)
27,157.56
Ranjithgopal K A (Dedicated FundManager for investments in
foreign securities) Gautam Bhupal(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
`
`
`
(CRISIL Hybrid 35+65 -
2.72%
16.7246
0.9840
0.1240
Investors understand that their principalwill be at Moderately High risk
Riskometer
Mod
erately Moderate
Low
Hig
h
Low
High
LOW HIGH
Moderately
This product is suitable forinvestors who are seeking*:
• To create wealth and provideincome over the long term
• Investments in a basket of debtmutual funds, equity mutualfunds, gold & exchange tradedfunds, offshore mutual fundsand money market instruments.
HSBC Managed Solutions India - Moderate
* Investors should consult their financial advisers if in doubt aboutwhether the product is suitable for them.
Statistical ratios disclosed as per monthly returns forthe last 3 years.
(absolute)
@ Effective from March 1, 2013 for prospective investments.
**Risk free rate: % (FIMMDA-NSE Mibor) as on)
6.05 Feb 28,2018
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
16
FUND DETAILS
Weighted Average Monthly Total Expenses ratios(Annualized)
Regular 1.58%
Direct Plan 1.33%
(inclusive of underlying scheme's expenses)Excludes GST on Investment Management fees of 0.05% of TotalNet Assets and of 0.11% on the underlying scheme's in which thefund of fund invests.
Asset Allocation
Mutual Fund 100.08%
Reverse Repos/CBLOs 0.37%
Net CurrentAssets -0.45%
Total NetAssets 100.00%
FUND PORTFOLIO
Mutual Fund
Cash Equivalents
CBLO 57.62 0.19%
Reverse Repos 54.56 0.18%
Net Current Assets -136.06 -0.45%
Total Net Assets as on 28-Feb-2018 30,665.49 100.00%
HSBC Income Fund Short Term - Growth Direct 13,256.10 43.23%
HSBC Flexi Debt Fund Growth Direct 5,560.35 18.13%
L&T Triple Ace Bond Fund Direct Growth 4,369.28 14.25%
HSBC Equity Fund - Growth Direct 2,954.46 9.63%
IDFC Dynamic Bond Fund-Direct Pl-Growth 2,541.25 8.29%
HDFC Income Fund Direct Plan - Growth 1,012.19 3.30%
HSBC Income Fund Inv Plan Growth Direct 995.74 3.25%
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 28 )
Fund Managers
SIP
Minimum
Application Amount
Exit Load
per unit
Monthly Average AUM(In Lakhs)
@
.02.18
Standard Deviation
Beta (Slope)
Sharpe Ratio**
Statistical Ratios
30-Apr-14
Composite Index constitutingof 90% into CRISIL Composite
Bond Index and 10% of S&PBSE 200 Index
Ranjithgopal K A (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)
Ni
`
31,074.63
Gautam Bhupal
`
`
13.7608
0.8240
0.0040
0.87%
This product is suitable forinvestors who are seeking*:• To create wealth over long term• Investing predominantly in
units of debt mutual funds aswell as in a basket of equitymutual funds, gold & otherexchange traded funds andmoney market instruments.
Investors understand that their principalwill be at Moderate risk
Riskometer
Mod
erately Moderate
Low
Hig
h
Low
High
LOW HIGH
Moderately
HSBC Managed Solutions India - Conservative
* Investors should consult their financial advisers if in doubt aboutwhether the product is suitable for them.
Statistical ratios disclosed as per monthly returns forthe last 3 years.
(absolute)
@ Effective from March 1, 2013 for prospective investments.
**Risk free rate: % (FIMMDA-NSE Mibor) as on)
6.05 Feb 28,2018
HSBC Global Consumer Opportunities Fund -(HGCOF)
Benefiting from China’sGrowing Consumption Power
17
FUND DETAILS
Weighted Average Monthly Total Expenses ratios(Annualized)
Regular 2.47%
Direct Plan 1.63%
(inclusive of underlying scheme's expenses)Excludes GST on Investment Management fees of 0.06% of TotalNetAssets.
Asset Allocation
Overseas Mutual Fund 96.40%
Reverse Repos/CBLOs 3.82%
Net CurrentAssets -0.22%
Total NetAssets 100.00%
FUND PORTFOLIO
Overseas Mutual Fund
Cash Equivalents
CBLO 8.76 1.96%
Reverse Repos 8.30 1.86%
Net Current Assets -0.99 -0.22%
Total Net Assets as on 28-Feb-2018 446.99 100.00%
HSBC GIF-China Consumer Opp S5 Cap 430.92 96.40%
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 28 )
Fund Managers
SIP
Minimum
Application Amount
Exit Load
per unit
Monthly Average AUM(In Lakhs)
@
.02.18
Standard Deviation
Beta (Slope)
Sharpe Ratio**
Statistical Ratios
23-Feb-15
MSCI AC World Index
441.15
Ranjithgopal K A (DedicatedFund Manager) & Sanjay Shah
(for investments in IndianMarket)
Available
,000
1,000 p.m.(SIP)
Nil
`
`
`
5
12.5133
0.9520
0.0590
2.93%
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.
@ Effective from March 1, 2013 for prospective investments.
Statistical ratios disclosed as per monthly returns forthe last 3 years.
(absolute)
@ Effective from March 1, 2013 for prospective investments.
**Risk free rate: % (FIMMDA-NSE Mibor) as on)
6.05 Feb 28,2018
18
HSBC Equity Fund
HSBC India Opportunities Fund
HSBC Midcap Equity Fund
HSBC Infrastructure Equity Fund
HSBC Tax Saver 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)
For Equity portion: Neelotpal Sahai (from 27 May 2013) &For Debt portion: Sanjay Shah (from 14 August 2009)
Ranjithgopal K A (from 27 February 2017)
Ranjithgopal K A (from 27 February 2017)
For overseas investments: &For investment in Indian markets: Sanjay Shah (from 24 February 2014)
Ranjithgopal K A (from 27 February 2017)
For overseas investment : ,For Investments in Indian Market - Equity Portion :
& For Investments in Indian Market - Debt Portion :Sanjay Shah (April 2014)
Gautam Bhupal(from 21 Oct 2015)
Ranjithgopal K A (from 27 February 2017)
For Overseas Market :For Investments in Indian Market - Debt Portion : Sanjay Shah(from 13 February 2015)
Ranjithgopal K A (from 27 February 2017)
Name of Scheme Fund Manager
Fund Manager’s Experience
Dhiraj SachdevSenior Vice President and Fund Manager - EquitiesB.Com., ACA, ACMA, Diploma in Foreign Trade Management (DFTM)
Experience:
Over 20 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
�
�
�
�
�
�
Gautam Bhupal
Vice President & Fund Manager Equities
Post Graduate Diploma in Business Management, CA, CS, B.Com (Hons)
Over 12 years of experience in areas of research and Fund Management.
HSBC Asset Management (India) Private LimitedVice President & Fund Manager, since October 2015 till date.
Fund Manager for PMS Portfolios from July 2008 till June 2015.
UTI Asset Management CompanyEquity Research Analyst from May 2004 till June 2008.
Experience:
�
�
Vice President - Investment Management, from June 2015 to October 2015.
Fund Managers - Equity
19
Neelotpal Sahai
Senior Vice President & Head - 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:
�
�
�
�
�
�
�
Aditya Khemani
Vice President & Fund Manager - Equities
B.Com. (Hons.), Post Graduate Diploma in Business Management
Over 11 years experience in research.
HSBC Asset Management (India) Private LtdVice 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 LtdSenior Manager - Equity Research from March 2007 to September 2007
Prudential ICICI Asset Management Company India Private LtdAssistant Manager - Equity Research from December 2005 to February 2007
Morgan Stanley Advantage Services India Private LtdResearch Associate from May 2005 to November 2005
Experience:
�
�
�
�
Ranjithgopal K A
Vice President - Equities from March 2016 onwards
Associate Vice President - Investment Management (Analyst) from January 2012 to February 2016
Associate Vice President - Institutional Sales from April 2009 to December 2011
Associate Vice President - Sales & Distribution from May 2006 to April 2009
Vice President - Equities
PGDBM, BA - Economics
Over 10 years of experience in Equity Research & Sales
HSBC Asset Management (India) Private Ltd
Experience:
�
Fund Managers - Equity
20
Funds Managed by Neelotpal Sahai.(Total Schemes Managed 3)
Funds Managed by Neelotpal Sahai.(Total Schemes Managed 3)
HSBC Equity Fund Date of Inception : 10 Dec 02
Scheme Name & Benchmarks 1 Year 3 Years 5 Years SinceInception
HSBC Equity Fund - Growth
(Scheme Benchmark)
(Standard Benchmark)
10,000, if invested in HEF, would have become
10,000, if invested in , would have become
10,000, if invested in , would have become
`
`
`
Nifty 50
S&P BSE Sensex
Nifty 50
S&P BSE Sensex
17.95 8.13 14.60 21.75
19.75 7.21 14.41 17.84
20.46 6.85 14.28 17.79
11,795 12,648 19,774 200,311
11,975 12,327 19,610 121,842
12,046 12,203 19,499 121,057
% % % %
% % % %
% % % %
` ` ` `
` ` ` `
` ` ` `
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 200 (Scheme Benchmark)
(Standard Benchmark)
10,000, if invested in HIOF, would have become
10,000, if invested in S&P BSE 200, would have become
10,000, if invested in , would have become
Nifty 50
Nifty 50
`
`
`
HSBC Dynamic 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
`
`
`
18.06 9.29 19.97 16.79
20.55 9.34 16.37 15.15
19.75 7.21 14.41 14.79
11,806 13,060 24,865 88,137
12,055 13,078 21,349 72,283
11,975 12,327 19,610 69,178
% % % %
% % % %
% % % %
` ` ` `
` ` ` `
` ` ` `
16.93 7.54 12.16 5.60
20.55 9.34 16.37 9.40
19.75 7.21 14.41 8.74
11,693 12,442 17,755 17,661
12,055 13,079 21,349 25,543
11,975 12,327 19,610 23,980
% % % %
% % % %
% % % %
` ` ` `
` ` ` `
` ` ` `
Past performance may or may not be sustained in the future. Refer note below.
The said Fund is managed by Neelotpal Sahai Effective (27 May 2013)
The said Fund is managed by Neelotpal Sahai Effective (27 May 2013)
The said Fund is managed by Neelotpal Sahai Effective (27 May 2013)
The said Fund is managed by Sanjay Shah Effective (14 August 2009)
Past performance may or may not be sustained in the future. Refer note below.
Funds Managed by Neelotpal Sahai (for Equity portion)Sanjay Shah (for Fixed Income portion)
(Total Schemes Managed 3)Funds Managed by (Total Schemes Managed 10)
Past performance may or may not be sustained in the future. Refer note below.
Returns are of growth option. The returns for the respective periods are provided as on Last business day of February 2018 for the respective Schemes. Returns above 1 yearare Compounded Annualized. Standard benchmark is prescribed by SEBI and is used for comparison purposes. Returns on 10,000 are point-to-point returns for the specifictime period, invested at the start of the period. The returns provided above have been rounded off and hence there may be minor differences between point-to-point returns vis-a-vis returns indicated above. Different plans shall have a different expense structure. The performance details provided herein are of other than Direct plan.
`
Scheme count for the total schemes managed by the Fund Managers does not include closed ended scheme.
Fund Manager Wise Comparative Performance of Equity Schemes
1 Year 3 Years 5 Years
1 Year 3 Years 5 Years
Performance of the respective benchmark is calculated as per the Total Return Index (TRI)
As TRI data is not available since Since Inception of the scheme, benchmark performance is calculated using composite CAGR of S&P BSE Sensex PRI values from 10-Dec-2002 to 31-May-2007 and TRI values effective 31-May-2007.
As TRI data is not available since Since Inception of the scheme, benchmark performance is calculated using composite CAGR of S&P BSE 200 PRI values from 24-Feb-2004 to 29-Jun-2007 and TRI values effective 29-Jun-2007.
21
HSBC Brazil Fund^
Date of Inception : 06 May 11
Scheme Name & Benchmarks SinceInception
HSBC Brazil Fund - Growth
MSCI Brazil 10/40 Index (Scheme Benchmark)
(Standard Benchmark)
10,000, if invested in HBF, would have become
10,000, if invested in MSCI Brazil 10/40 Index, would have become
10,000, if invested in , would have become
Nifty 50
Nifty 50
`
`
`
8.17 7.90 -2.79 -2.23
18.34 14.73 4.00 3.37
18.71 7.21 14.41 11.15
10,829 12,567 8,680 8,574
11,834 15,100 12,166 12,539
11,899 12,327 19,610 20,571
% % % %
% % % %
% % % %
` ` ` `
` ` ` `
` ` ` `
Past performance may or may not be sustained in the future. Refer note below
Returns are of growth option. The returns for the respective periods are provided as on Last business day of February 2018 for the respective Schemes. Returns above 1 yearare Compounded Annualized. Standard benchmark is prescribed by SEBI and is used for comparison purposes. Returns on 10,000 are point-to-point returns for the specifictime period, invested at the start of the period. The returns provided above have been rounded off and hence there may be minor differences between point-to-point returns vis-a-vis returns indicated above. Different plans shall have a different expense structure. The performance details provided herein are of other than Direct plan.Scheme count for the total schemes managed by the Fund Managers does not include closed ended scheme.
`
Fund Manager Wise Comparative Performance of Equity Schemes
1 Year 3 Years 5 Years
Funds Managed by - Ranjithgopal K A (Total Schemes Managed 7)
Funds Managed by - Ranjithgopal K A (Total Schemes Managed 7)
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
`
`
`
21.93 8.94 6.52 4.14
25.19 10.97 8.89 8.68
18.71 7.21 14.41 10.15
12,226 12,935 13,716 14,978
12,558 13,673 15,312 22,909
11,899 12,327 19,610 26,189
% % % %
% % % %
% % % %
` ` ` `
` ` ` `
` ` ` `
Past performance may or may not be sustained in the future. Refer note below.
1 Year 3 Years 5 Years
The said Fund is managed by Ranjithgopal K A Effective (27 February 2017)
The said Fund is managed by Ranjithgopal K A Effective (27 February 2017)
HSBC Asia Pacific (Ex Japan) DividendYield Fund
^
Date of Inception : 24 Feb 14
Scheme Name & Benchmarks 1 Year 3 Years SinceInception
HSBC Asia Pacific (Ex Japan) Dividend Yield Fund - Growth
MSCI AC Asia Pacific ex Japan (Scheme Benchmark)
(Standard Benchmark)
10,000, if invested in HAPDF, would have become
10,000, if invested in MSCI AC Asia Pacific ex Japan, would have become
10,000, if invested in , would have become
Nifty 50
Nifty 50
`
`
`
19.96 9.53 8.60
24.36 10.76 10.38
19.75 7.21 15.47
11,996 13,147 13,925
12,436 13,595 14,864
11,975 12,327 17,813
% % %
% % %
% % %
` ` `
` ` `
` ` `
Past performance may or may not be sustained in the future. Refer note below.
Funds Managed by Sanjay Shah (for Fixed Income portion) (Total Schemes Managed 10)
Funds Managed by Ranjithgopal K A (For overseas investment) (Total Schemes Managed 7)
The said Fund is managed by Ranjithgopal K A Effective (27 February 2017)
The said Fund is managed by Sanjay Shah Effective (24 February 2014)
The said Fund has been in existence for more than 3 years but less than 5 years
Performance of the respective benchmark is calculated as per the Total Return Index (TRI)^Index returns reported as on 31 December 2017 were in USD, however the
returns are now converted to INR and these values have been sourced directly from Bloomberg.
22
HSBC Global Consumer Opportunities Fund -Benefiting from China's Growing Consumption Power
^
Date of Inception : 24 Feb 15
Scheme Name & BenchmarksScheme Name & BenchmarksScheme Name & Benchmarks 1 Year 3 Years SinceInception
HSBC Global Consumer Opportunities Fund - Benefiting from China'sGrowing Consumption Power - Growth
MSCI AC World Index (Scheme Benchmark)
Nifty 50 (Standard Benchmark)
10,000, if invested in HGCOF, would have become
10,000, if invested in MSCI AC World Index, would have become
10,000, if invested in Nifty 50, would have become
`
`
`
Past performance may or may not be sustained in the future. Refer note below.Past performance may or may not be sustained in the future. Refer note below.Past performance may or may not be sustained in the future. Refer note below.Past performance may or may not be sustained in the future. Refer note below.
Please Note : NAmeans not available.* BSE vide its notification dated April 10, 2015 have notified change in the index composition of S&P BSE Midcap Index. As a result returns for the said benchmark are different whencompared to the historically published returns. The corresponding benchmark returns for inception of the scheme has not been provided, as the historical index data for S&P BSE MidcapIndex is available only from Sept 16, 2005 whereas the inception date of the scheme is May 19, 2005.
Fund Manager Wise Comparative Performance of Equity Schemes
Funds Managed by - Dhiraj Sachdev (Total Schemes Managed 2)
Funds Managed by - Dhiraj Sachdev (Total Schemes Managed 2)
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
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*
29.98 17.31 28.33 15.27
23.68 16.65 22.97 NA
19.75 7.21 14.41 15.32
12,998 16,158 34,829 61,559
12,368 15,886 28,135 NA
11,975 12,327 19,610 61,901
% % % %
% % %
% % % %
` ` ` `
` ` `
` ` ` `
Past performance may or may not be sustained in the future. Refer note below.
Returns are of growth option. The returns for the respective periods are provided as on Last business day of for the respective Schemes. Returns above 1 year areCompounded Annualized. Standard benchmark is prescribed by SEBI and is used for comparison purposes. Returns on 10,000 are point-to-point returns for the specific time period,invested at the start of the period. The returns provided above have been rounded off and hence there may be minor differences between point-to-point returns vis-a-vis returns indicatedabove. Different plans shall have a different expense structure. The performance details provided herein are of other than Direct plan.Scheme count for the total schemes managed by the Fund Managers does not include closed ended scheme.
February 2018`
1 Year 3 Years 5 Years
HSBC Infrastructure Equity Fund Date of Inception : 23 Feb 06
Scheme Name & Benchmarks SinceInception
HSBC Infrastructure Equity Fund - Growth
S&P BSE India Infrastructure (Scheme Benchmark)
Nifty 50 (Standard Benchmark)
10,000, if invested in HIEF, would have become
10,000, if invested in S&P BSE India Infrastructure, would have become
10,000, if invested in Nifty 50, would have become
$
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26.90 9.60 18.37 7.93
19.05 10.27 NA NA
19.75 7.21 14.41 12.13
12,690 13,165 23,242 13,324
11,905 13,408 NA NA
11,975 12,323 19,601 15,384
% % % %
% %
% % % %
` ` ` `
` `
` ` ` `
Past performance may or may not be sustained in the future. Refer note below.
1 Year 3 Years 5 Years
Funds Managed by Sanjay Shah (for Fixed Income portion) (Total Schemes Managed 10)
Funds Managed by Ranjithgopal K A (For overseas investment) (Total Schemes Managed 7)
The said Fund is managed by Ranjithgopal K A Effective (27 February 2017)
The said Fund is managed by Sanjay Shah Effective (13 February 2015)
The said Fund is managed by Dhiraj Sachdev Effective (01 December 2009)
The said Fund is managed by Dhiraj Sachdev Effective (01 December 2009)
The said Fund has been in existence for more than 3 years but less than 5 years
Please Note : NAmeans not available.$The benchmark of the scheme was changed from S&P BSE 200 to S&P BSE India Infrastructure Index with effect from 11th November, 2016 as a more suitable benchmarkwas identified which better matched the portfolio strategy. There has been no change to investment management of the scheme. Since, S&P BSE India Infrastructure Indexwas launched on May 19, 2014 and the historic index data prior to the said date is not available, wherever scheme’s corresponding benchmark returns are not available, thesame has not been provided.
Performance of the respective benchmark is calculated as per the Total Return Index (TRI) Index returns reported as on 31 December 2017 were in USD, however the returns arenow converted to INR and these values have been sourced directly from Bloomberg.
^
21.65 7.88 7.72
16.09 10.33 10.05
19.75 6.99 6.19
12,165 12,557 12,516
11,609 13,429 13,353
11,975 12,246 11,987
% % %
% % %
% % %
` ` `
` ` `
` ` `
HSBC Managed Solutions - Growth Date of Inception : 30 Apr 14
Scheme Name & Benchmarks 1 Year 3 Years SinceInception
HSBC Managed Solutions - Growth - Growth
Customised Benchmark Index Fund (Scheme Benchmark)*
(Standard Benchmark)Nifty 50
Crisil 10 Year Gilt Index (Standard Benchmark)
10,000, if invested in HMSG, would have become
10,000, if invested in Customised Benchmark Index, would have become
10,000, if invested in Nifty 50, would have become
10,000, if invested in Crisil 10 Year Gilt Index, would have become
`
`
`
`
17.28 10.47 16.13
17.29 8.85 13.83
19.75 6.99 12.42
-1.45 5.54 7.77
11,728 13,481 17,751
11,729 12,898 16,443
11,975 12,246 15,674
9,855 11,757 13,326
% % %
% % %
% % %
% % %
` ` `
` ` `
` ` `
` ` `
Past performance may or may not be sustained in the future. Refer note below.
*Composite index of S&P BSE 200 (80%) and Crisil Composite Bond Fund Index (20%).
Fund Manager Wise Comparative Performance of Equity Schemes
23
Returns are of growth option. The returns for the respective periods are provided as on Last business day of February 2018 for the respective Schemes. Returns above 1 year areCompounded Annualized. Standard benchmark is prescribed by SEBI and is used for comparison purposes. Returns on 10,000 are point-to-point returns for the specific timeperiod, invested at the start of the period. The returns provided above have been rounded off and hence there may be minor differences between point-to-point returns vis-a-visreturns indicated above. Different plans shall have a different expense structure. The performance details provided herein are of other than Direct plan.Scheme count for the total schemes managed by the Fund Managers does not include closed ended scheme.
`
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
`
`
`
19.66 10.76 19.24 12.67
20.55 9.34 16.37 10.96
19.75 7.21 14.41 10.36
11,966 13,595 24,117 37,843
12,055 13,078 21,349 31,907
11,975 12,327 19,610 30,034
% % % %
% % % %
% % % %
` ` ` `
` ` ` `
` ` ` `
Funds Managed by - Aditya Khemani (Total Schemes Managed 2)
Past performance may or may not be sustained in the future. Refer note below.
1 Year 3 Years 5 Years
The said Fund is managed by Gautam Bhupal Effective (21 October 2015)
The said Fund is managed by Sanjay Shah Effective (April 2014)
The said Fund is managed by Aditya Khemani Effective (24 February 2009)
The said Fund is managed by Ranjithgopal K A Effective (27 February 2017)
Funds Managed by Gautam Bhupal (for Equity portion)Sanjay Shah (for Fixed Income portion)
(For overseas investment)
(Total Schemes Managed 3)Funds Managed by (Total Schemes Managed 10)Funds Managed by Ranjithgopal K A (Total Schemes Managed 7)
The said Fund has been in existence for more than 3 years but less than 5 years
Performance of the respective benchmark is calculated as per the Total Return Index (TRI)
As TRI data is not available since Since Inception of the scheme, benchmark performance is calculated using composite CAGR of S&P BSE 200 PRI values from date 05-Jan-2007 to date 29-Jun-2007 and TRI values since date 29-Jun-2007.
24
*Composite index of Crisil Composite Bond Fund Index (90%) and S&P BSE 200 (10%).
Fund Manager Wise Comparative Performance of Equity Schemes
Returns are of growth option. The returns for the respective periods are provided as on Last business day of February 2018 for the respective Schemes. Returns above 1 year areCompounded Annualized. Standard benchmark is prescribed by SEBI and is used for comparison purposes. Returns on 10,000 are point-to-point returns for the specific timeperiod, invested at the start of the period. The returns provided above have been rounded off and hence there may be minor differences between point-to-point returns vis-a-visreturns indicated above. Different plans shall have a different expense structure. The performance details provided herein are of other than Direct plan.Scheme count for the total schemes managed by the Fund Managers does not include closed ended scheme.
`
Past performance may or may not be sustained in the future. Refer note below.
HSBC Managed Solutions - Moderate - Growth Date of Inception : 30 Apr 14
Scheme Name & Benchmarks 1 Year 3 Years SinceInception
HSBC Managed Solutions - Moderate - Growth
Aggressive Index (Scheme Benchmark)
Nifty 50 (Standard Benchmark)
Crisil 10 Year Gilt Index (Standard Benchmark)
10,000, if invested in HMSM, would have become
10,000,if investedin ,wouldhavebecome
10,000, if invested in Nifty 50, would have become
10,000, if invested in Crisil 10 Year Gilt Index, would have become
`
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CRISIL Hybrid 35+65 -
CRISILHybrid35+65-AggressiveIndex
14.65% 10.08% 14.35%
14.71% 8.84% 14.20%
19.75% 6.99% 12.42%
-1.45% 5.54% 7.77%
11,465 13,338 16,731
11,471 12,895 16,648
11,975 12,246 15,674
9,855 11,757 13,326
` ` `
` ` `
` ` `
` ` `
Funds Managed by Gautam Bhupal (for Equity portion)Sanjay Shah (for Fixed Income portion)
(For overseas investment)
(Total Schemes Managed 3)Funds Managed by (Total Schemes Managed 10)Funds Managed by Ranjithgopal K A (Total Schemes Managed 7)
The said Fund is managed by Gautam Bhupal Effective (21 October 2015)
The said Fund is managed by Sanjay Shah Effective (April 2014)
The said Fund is managed by Ranjithgopal K A Effective (27 February 2017)
Past performance may or may not be sustained in the future. Refer note below.
HSBC Managed Solutions - Conservative - Growth Date of Inception : 30 Apr 14
Scheme Name & Benchmarks 1 Year 3 Years SinceInception
HSBC Managed Solutions - Conservative - Growth
Customised Benchmark Index Fund (Scheme Benchmark)*
Nifty 50 (Standard Benchmark)
Crisil 10 Year Gilt Index (Standard Benchmark)
10,000, if invested in HMSC, would have become
10,000, if invested in Customised Benchmark Index, would have become
10,000, if invested in Nifty 50, would have become
10,000, if invested in Crisil 10 Year Gilt Index, would have become
`
`
`
`
4.69% 6.20% 8.68%
5.88% 7.75% 9.82%
19.75% 6.99% 12.42%
-1.45% 5.54% 7.77%
10,469 11,978 13,764
10,588 12,510 14,329
11,975 12,246 15,674
9,855 11,757 13,326
` ` `
` ` `
` ` `
` ` `
Funds Managed by Gautam Bhupal (for Equity portion)Sanjay Shah (for Fixed Income portion)
(For overseas investment)
(Total Schemes Managed 3)Funds Managed by (Total Schemes Managed 10)Funds Managed by Ranjithgopal K A (Total Schemes Managed 7)
The said Fund is managed by Gautam Bhupal Effective (21 October 2015)
The said Fund is managed by Sanjay Shah Effective (April 2014)
The said Fund is managed by Ranjithgopal K A Effective (27 February 2017)
The said Fund has been in existence for more than 3 years but less than 5 years
The said Fund has been in existence for more than 3 years but less than 5 years
Performance of the respective benchmark is calculated as per the Total Return Index (TRI)
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 Feb 28, 2018 ( )
Scheme Returns (%)
Scheme Benchmark ( )
Scheme Benchmark Returns (%)
Standard Benchmark ( )
Standard Benchmark Returns (%)
`
`
`
`
-
-
-
-
Nifty 50
Nifty 50
S&P BSE Sensex
S&P BSE Sensex
Total amount invested ( )
Scheme Returns (%)
Scheme Benchmark ( )
Scheme Benchmark Returns (%)
Standard Benchmark ( )
Standard Benchmark Returns (%)
`
`
`
Market Value as on
S&P BSE 200 -
S&P BSE 200 -
Nifty 50 -
Nifty 50 -
Feb 28, 2018 ( )`
Total amount invested ( )
Scheme Returns (%)
Scheme Benchmark ( )
Scheme Benchmark Returns (%)
Standard Benchmark ( )
Standard Benchmark Returns (%)
`
`
`
Market Value as on
S&P BSE 200 -
S&P BSE 200 -
Nifty 50 -
Nifty 50 -
Feb 28, 2018 ( )`
120000 360000 600000 1830000
126405 445453 856969 6458798
10.14 14.37 14.26 15.08
128532 443007 840670 6065056
13.57 13.99 13.48 14.37
129584 442719 833075 6202408
15.28 13.94 13.11 14.62
120000 360000 600000 1690000
126920 450861 934600 5188163
10.97 15.22 17.79 14.69
128547 453329 887694 4853741
13.59 15.60 15.69 13.86
128532 443007 840670 4562343
13.57 13.99 13.48 13.09
120000 360000 600000 1260000
126892 432009 812770 2073343
10.92 12.24 12.11 9.15
128547 453329 887694 2620597
13.59 15.60 15.69 13.32
128532 443007 840670 2429660
13.57 13.99 13.48 11.98
The Fund offers flexible and convenient Systematic Investment Plan (SIP) facility. To illustrate the advantages of SIP investments, this is how your investments would havegrown if you had invested say 10,000 systematically on the first Business Day of every month over a period of time in the Growth Option of Respective Scheme.
The returns are calculated by XIRR approach assuming investment of 10,000/- on the 1st working day of every month. XIRR helps in calculating return on investments givenan initial and final value and a series of cash inflows and outflows with correct allowance for the time impact of the transactions. Data as on .
`
`
February 28, 2018
SIP Performance of Equity Schemes
Returns shown for Regular Plan - Growth Option
Past performance may or may not be sustained in the future. Refer note below
Past performance may or may not be sustained in the future. Refer note below
Past performance may or may not be sustained in the future. Refer note below
Returns are of growth option. The returns for the respective periods are provided as on Last business day of February 2018 for the respective Schemes. Returns above 1 yearare Compounded Annualized. Standard benchmark is prescribed by SEBI and is used for comparison purposes. Returns on 10,000 are point-to-point returns for the specifictime period, invested at the start of the period. The returns provided above have been rounded off and hence there may be minor differences between point-to-point returns vis-a-vis returns indicated above. Different plans shall have a different expense structure. The performance details provided herein are of other than Direct plan.Scheme count for the total schemes managed by the Fund Managers does not include closed ended scheme.
`
Performance of the respective benchmark is calculated as per the Total Return Index (TRI)
As TRI data is not available since Since Inception of the scheme, benchmark performance is calculated using composite CAGR of S&P BSE Sensex PRI values from 10-Dec-2002 to 31-May-2007 and TRI values effective 31-May-2007.
As TRI data is not available since Since Inception of the scheme, benchmark performance is calculated using composite CAGR of S&P BSE 200 PRI values from 24-Feb-2004 to 29-Jun-2007 and TRI values effective 29-Jun-2007.
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 ( )
Scheme Returns (%)
Scheme Benchmark ( )
Scheme Benchmark Returns (%)
Standard Benchmark ( )
Standard Benchmark Returns (%)
`
`
`
Market Value as on
MSCI Brazil 10/40 Index -
MSCI Brazil 10/40 Index -
Nifty 50 -
Nifty 50 -
Feb 28, 2018 ( )`
120000 360000 600000 810000
139571 508306 743969 935932
31.92 23.82 8.55 4.23
142387 548518 854801 1124230
36.72 29.45 14.16 9.58
128512 443556 841655 1285027
13.56 14.08 13.53 13.48
HSBC Asia Pacific (Ex Japan) Dividend Yield Fund^
Date of Inception : 24 Feb 14
Scheme Name & Benchmarks 1Year
3Years
5Years
SinceInception
Total amount invested ( )
Scheme Returns (%)
Scheme Benchmark ( )
Scheme Benchmark Returns (%)
Standard Benchmark ( )
Standard Benchmark Returns (%)
`
`
`
Market Value as on
MSCI AC Asia Pacific ex Japan -
MSCI AC Asia Pacific ex Japan -
Nifty 50 -
Nifty 50 -
Feb 28, 2018 ( )`
120000 360000 NA 480000
132499 455517 NA 618118
20.07 15.95 NA 12.71
134996 468915 NA 638474
24.21 18.01 NA 14.38
128542 443223 NA 615924
13.60 14.03 NA 12.52
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
MSCI Emerging Market Index -
MSCI Emerging Market Index -
Nifty 50 -
Nifty 50 -
Feb 28, 2018 ( )`
120000 360000 600000 1190000
136250 470871 792991 1775484
26.31 18.31 11.12 7.84
137523 479071 820322 2084101
28.45 19.54 12.49 10.90
128542 443262 840648 2276836
13.60 14.04 13.49 12.58
The Fund offers flexible and convenient Systematic Investment Plan (SIP) facility. To illustrate the advantages of SIP investments, this is how your investments would havegrown if you had invested say 10,000 systematically on the first Business Day of every month over a period of time in the Growth Option of Respective Scheme.
The returns are calculated by XIRR approach assuming investment of 10,000/- on the 1st working day of every month. XIRR helps in calculating return on investments givenan initial and final value and a series of cash inflows and outflows with correct allowance for the time impact of the transactions. .
`
`
Data as on February 28, 2018
Returns shown for Regular Plan - Growth Option
Past performance may or may not be sustained in the future. Refer note below
Past performance may or may not be sustained in the future. Refer note below
Past performance may or may not be sustained in the future. Refer note below
Returns are of growth option. The returns for the respective periods are provided as on Last business day of February 2018 for the respective Schemes. Returns above 1 yearare Compounded Annualized. Standard benchmark is prescribed by SEBI and is used for comparison purposes. Returns on 10,000 are point-to-point returns for the specifictime period, invested at the start of the period. The returns provided above have been rounded off and hence there may be minor differences between point-to-point returns vis-a-vis returns indicated above. Different plans shall have a different expense structure. The performance details provided herein are of other than Direct plan.Scheme count for the total schemes managed by the Fund Managers does not include closed ended scheme.
`
Performance of the respective benchmark is calculated as per the Total Return Index (TRI) Index returns reported as on 31 December 2017 were in USD, however thereturns are now converted to INR and these values have been sourced directly from Bloomberg.
^
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 ( )
Scheme Returns (%)
Scheme Benchmark ( )
Scheme Benchmark Returns (%)
Standard Benchmark ( )
Standard Benchmark Returns (%)
`
`
`
Market Value as on
S&P BSE 200 -
S&P BSE 200 -
Nifty 50 -
Nifty 50 -
Feb 28, 2018 ( )`
120000 360000 600000 1340000
126040 459526 942859 3305107
9.55 16.56 18.16 15.29
128547 453329 887694 2876593
13.59 15.60 15.69 13.01
128532 443007 840670 2666349
13.57 13.99 13.48 11.75
HSBC Infrastructure Equity Fund Date of Inception : 23 Feb 06
Scheme Name & Benchmarks 1Year
3Years
5Years
SinceInception
Total amount invested ( )
Scheme Returns (%)
Scheme Benchmark ( )
Scheme Benchmark Returns (%)
Standard Benchmark ( )
Standard Benchmark Returns (%)
`
`
`
Market Value as on
S&P BSE -
S&PBSE -
Nifty 50 -
Nifty 50 -
$
Feb 28, 2018
India Infrastructure Index
India Infrastructure Index
( )`
120000 360000 600000 1440000
130138 474341 1009314 2795236
16.18 18.81 20.96 10.52
128209 476478 NA NA
13.05 19.13 NA NA
128532 443007 840670 3021560
13.57 13.99 13.48 21.51
The Fund offers flexible and convenient Systematic Investment Plan (SIP) facility. To illustrate the advantages of SIP investments, this is how your investments would havegrown if you had invested say 10,000 systematically on the first Business Day of every month over a period of time in the Growth Option of Respective Scheme.
The returns are calculated by XIRR approach assuming investment of 10,000/- on the 1st working day of every month. XIRR helps in calculating return on investments givenan initial and final value and a series of cash inflows and outflows with correct allowance for the time impact of the transactions. .
`
`
Data as on February 28, 2018
Returns shown for Regular Plan - Growth Option
Past performance may or may not be sustained in the future. Refer note below
Past performance may or may not be sustained in the future. Refer note below
Returns are of growth option. The returns for the respective periods are provided as on Last business day of February 2018 for the respective Schemes. Returns above 1 yearare Compounded Annualized. Standard benchmark is prescribed by SEBI and is used for comparison purposes. Returns on 10,000 are point-to-point returns for the specifictime period, invested at the start of the period. The returns provided above have been rounded off and hence there may be minor differences between point-to-point returns vis-a-vis returns indicated above. Different plans shall have a different expense structure. The performance details provided herein are of other than Direct plan.Scheme count for the total schemes managed by the Fund Managers does not include closed ended scheme.
`
Please Note : “NAmeans not available.$The benchmark of the scheme was changed from S&P BSE 200 to S&P BSE India Infrastructure Index with effect from 11th November, 2016 as a more suitable benchmarkwas identified which better matched the portfolio strategy. There has been no change to investment management of the scheme. Since, S&P BSE India Infrastructure Indexwas launched on May 19, 2014 and the historic index data prior to the said date is not available, wherever scheme’s corresponding benchmark returns are not available, thesame has not been provided.”
Performance of the respective benchmark is calculated as per the Total Return Index (TRI)
As TRI data is not available since Since Inception of the scheme, benchmark performance is calculated using composite CAGR of S&P BSE 200 PRI values from date 05-Jan-2007 to date 29-Jun-2007 and TRI values since date 29-Jun-2007.
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 ( )
Scheme Returns (%)
Scheme Benchmark ( )
Scheme Benchmark Returns (%)
Standard Benchmark ( )
Standard Benchmark Returns (%)
`
`
`
Market Value as on
Customised Benchmark Index* -
Customised Benchmark Index -
Nifty 50 -
Nifty 50 -
Feb 28, 2018 ( )`
120000 360000 NA 460000
126789 447995 NA 599104
10.77 14.78 NA 13.89
126913 441572 NA 587319
11.01 13.70 NA 12.76
128526 442822 NA 581545
13.58 13.97 NA 12.29
HSBC Managed Solutions - Moderate - Growth Date of Inception : 30 Apr 14
Scheme Name & Benchmarks 1Year
3Years
5Years
SinceInception
Total amount invested ( )
Scheme Returns (%)
Scheme Benchmark ( )
SchemeBenchmarkReturns(%)
Standard Benchmark ( )
Standard Benchmark Returns (%)
`
`
`
Market Value as on
Nifty 50 -
Nifty 50 -
Feb 28, 2018
(CRISIL Hybrid 35+65 - Aggressive Index)
(CRISILHybrid35+65-AggressiveIndex)
( )`
120000 360000 NA 460000
125714 437376 NA 584722
9.04 13.11 NA 12.58
125683 432949 NA 577063
8.99 12.40 NA 11.88
128526 442822 NA 581545
13.58 13.97 NA 12.29
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
S&P BSE Midcap -
S&P BSE Midcap -
Nifty 50 -
Nifty 50 -
Feb 28, 2018 ( )`
120000 360000 600000 1540000
134612 502851 1199787 4536651
23.55 23.02 28.17 15.66
128766 486215 1067136 4298421
13.95 20.58 23.27 14.91
128532 443007 840670 3526815
13.57 13.99 13.48 12.15
The Fund offers flexible and convenient Systematic Investment Plan (SIP) facility. To illustrate the advantages of SIP investments, this is how your investments would havegrown if you had invested say 10,000 systematically on the first Business Day of every month over a period of time in the Growth Option of Respective Scheme.
The returns are calculated by XIRR approach assuming investment of 10,000/- on the 1st working day of every month. XIRR helps in calculating return on investments givenan initial and final value and a series of cash inflows and outflows with correct allowance for the time impact of the transactions. .
`
`
Data as on February 28, 2018
Returns shown for Regular Plan - Growth Option
Past performance may or may not be sustained in the future. Refer note below
Past performance may or may not be sustained in the future. Refer note below
*Composite index of S&P BSE200 (80%) and Crisil Composite Bond Fund Index (20%).
Past performance may or may not be sustained in the future. Refer note below
Returns are of growth option. The returns for the respective periods are provided as on Last business day of February 2018 for the respective Schemes. Returns above 1 yearare Compounded Annualized. Standard benchmark is prescribed by SEBI and is used for comparison purposes. Returns on 10,000 are point-to-point returns for the specifictime period, invested at the start of the period. The returns provided above have been rounded off and hence there may be minor differences between point-to-point returns vis-a-vis returns indicated above. Different plans shall have a different expense structure. The performance details provided herein are of other than Direct plan.Scheme count for the total schemes managed by the Fund Managers does not include closed ended scheme.
`
Please Note : “NAmeans not available.* BSE vide its notification dated April 10, 2015 have notified change in the index composition of S&P BSE Midcap Index. As a result returns for the said benchmark are different when comparedto the historically published returns. The corresponding benchmark returns for inception of the scheme has not been provided, as the historical index data for S&P BSE Midcap Index is availableonly from Sept 16, 2005 whereas the inception date of the scheme is May 19, 2005.”
Performance of the respective benchmark is calculated as per the Total Return Index (TRI)
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
Customised Benchmark Index* -
Customised Benchmark Index -
Nifty 50 -
Nifty 50 -
Feb 28, 2018 ( )`
120000 360000 NA 460000
121308 393895 NA 522389
2.05 5.95 NA 6.60
121214 404502 NA 535718
1.92 7.65 NA 7.89
128526 442822 NA 581545
13.58 13.97 NA 12.29
HSBC Global Consumer Opportunities Fund -Benefiting from China's Growing Consumption Power
^ Date of Inception : 24 Feb 15
Scheme Name & Benchmarks 1Year
3Years
5Years
SinceInception
Total amount invested ( )
Scheme Returns (%)
Scheme Benchmark ( )
Scheme Benchmark Returns (%)
Standard Benchmark ( )
Standard Benchmark Returns (%)
`
`
`
Market Value as on
MSCI AC World Index -
MSCI AC World Index -
Nifty 50 -
Nifty 50 -
Feb 28, 2018 ( )`
120000 360000 NA 360000
132513 443588 NA 443585
20.10 14.09 NA 14.09
131456 443588 NA 443381
18.35 14.09 NA 14.06
128542 443288 NA 443288
13.60 14.05 NA 14.05
The Fund offers flexible and convenient Systematic Investment Plan (SIP) facility. To illustrate the advantages of SIP investments, this is how your investments would havegrown if you had invested say 10,000 systematically on the first Business Day of every month over a period of time in the Growth Option of Respective Scheme.
The returns are calculated by XIRR approach assuming investment of 10,000/- on the 1st working day of every month. XIRR helps in calculating return on investments givenan initial and final value and a series of cash inflows and outflows with correct allowance for the time impact of the transactions. .
`
`
Data as on , 2018February 28
Returns shown for Regular Plan - Growth Option
Past performance may or may not be sustained in the future. Refer note below
Past performance may or may not be sustained in the future. Refer note below
*Composite index of Crisil Composite Bond Fund Index (90%) and S&P BSE200 (10%).
Returns are of growth option. The returns for the respective periods are provided as on Last business day of February 2018 for the respective Schemes. Returns above 1 yearare Compounded Annualized. Standard benchmark is prescribed by SEBI and is used for comparison purposes. Returns on 10,000 are point-to-point returns for the specifictime period, invested at the start of the period. The returns provided above have been rounded off and hence there may be minor differences between point-to-point returns vis-a-vis returns indicated above. Different plans shall have a different expense structure. The performance details provided herein are of other than Direct plan.Scheme count for the total schemes managed by the Fund Managers does not include closed ended scheme.
`
Performance of the respective benchmark is calculated as per the Total Return Index (TRI) Index returns reported as on 31 December 2017 were in USD, however thereturns are now converted to INR and these values have been sourced directly from Bloomberg.
^
HSBC Monthly Income Plan (HMIP)An Open Ended Fund. 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 28 )
Average Maturity ofPortfolio
Modified Duration
of Portfolio
Fund Managers
SIPMinimum ApplicationAmountGrowthQuarterly DividendMonthly DividendSIPExit Load
per unit
Monthly Average AUM(In Lakhs)
.02.18
Yield To Maturity*
@
Weighted Average Monthly Total Expenses ratios(Annualized)Regular 2.13%Direct Plan 1.62%Excludes GST on Investment Management fees of 0.24% ofTotal NetAssets.
Asset Allocation
Government Securities 44.15%
Corporate/ PSU Debt 26.30%
Equity 24.96%
Net CurrentAssets 2.44%
Cash Equivalents 2.15%
Total NetAssets 100.00%
@ Effective from March 1, 2013 for prospective investments.
* Based on investedAmount
FUND PORTFOLIO
Corporate/ PSU Debt
Equity
Government Securities
Cash Equivalents
CBLO 280.53 1.10%
Reverse Repos 265.59 1.04%
Net Current Assets 613.30 2.44%
Total Net Assets as on 28-Feb-2018 25,452.18 100.00%
Corporate Bonds / Debentures
Equities
Power Grid Corporation of India 1,536.64 6.04% CRISIL AAANational Highways Authority of India 1,281.57 5.04% CRISIL AAAIndia Infradebt 1,006.09 3.95% CRISIL AAABajaj Finance 684.65 2.69% CRISIL AAAPower Finance Corporation 674.39 2.65% CRISIL AAATata Sons 494.21 1.94% CRISIL AAATata Sons 245.93 0.97% CRISIL AAACan Fin Homes 225.53 0.89% CARE AAAPower Grid Corporation of India 203.63 0.80% CRISIL AAANABARD 150.30 0.59% CRISIL AAANTPC 140.27 0.55% CRISIL AAAShriram Transport Finance Company 49.29 0.19% CRISIL AA+
HDFC Bank 546.42 2.15%ICICI Bank 469.66 1.85%IndusInd Bank 344.55 1.35%United Spirits 269.94 1.06%Maruti Suzuki India 267.03 1.05%MRF 231.18 0.91%Infosys 223.63 0.88%JM Financial 212.14 0.83%ITC 203.42 0.80%Finolex Cables 200.75 0.79%Hindustan Unilever 196.34 0.77%Sun Pharmaceutical Ind 194.33 0.76%InterGlobe Aviation 187.00 0.73%Nilkamal 186.07 0.73%Cholamandalam Investment & Fin Co 183.74 0.72%Torrent Pharmaceuticals 177.92 0.70%Mahindra & Mahindra 174.80 0.69%NCL Industries 171.79 0.67%Somany Ceramics 166.61 0.65%Exide Industries 165.92 0.65%The Federal Bank 158.34 0.62%OCL India 156.07 0.61%Galaxy Surfactants 149.19 0.59%Amara Raja Batteries 135.67 0.53%Crompton Greaves Cons Electrical 132.53 0.52%DCB Bank 131.20 0.52%Bharti Airtel 128.57 0.51%Heritage Foods Ltd 127.70 0.50%Balrampur Chini Mills 119.75 0.47%IPCA Laboratories 109.39 0.43%Indo Count Industries 102.15 0.40%Blue Star 96.71 0.38%Aditya Birla Fashion and Retail 34.97 0.14%
8.24% GOVT OF INDIA RED 15-02-2027 2,031.42 7.98% SOVEREIGN6.68% GOVT OF INDIA RED 17-09-2031 1,940.39 7.62% SOVEREIGN6.84% GOVT OF INDIA RED 19-12-2022 1,482.46 5.82% SOVEREIGN6.79% GOVT OF INDIA RED 15-05-2027 1,187.32 4.66% SOVEREIGN8.28% TAMIL NADU SDL RED 21-02-2028 1,101.32 4.33% SOVEREIGN7.17% GOVT OF INDIA RED 08-01-2028 865.80 3.40% SOVEREIGN8.39% RAJASTHAN SPL SDL RED 15-03-2024 703.74 2.76% SOVEREIGN6.57% GOVT OF INDIA RED 05-12-2033 685.70 2.69% SOVEREIGN8.60% GOVT OF INDIA RED 02-06-2028 604.36 2.37% SOVEREIGN8.39% RAJASTHAN SPL SDL RED 15-03-2021 290.53 1.14% SOVEREIGN8.28% RAJASTHAN SDL RED 21-02-2028 204.42 0.80% SOVEREIGN7.61% GOVT OF INDIA RED 09-05-2030 145.80 0.57% SOVEREIGN7.65% KARNATAKA SDL 29-11-2027 1.53 0.01% SOVEREIGN
IssuerMarket Value
( in Lacs)`
% to NetAssets
Dividend DeclarationRecord Date / periodof dividend declared
Dividend ( per unit)Non-Institutional
` Dividend ( per unit)Institutional
` NAV ( ) per unit(cum dividend)
`
HSBC MIP - Monthly Dividend
HSBC MIP - Monthly Dividend - Direct Plan
HSBC MIP - Quarterly Dividend
HSBC MIP - Quarterly Dividend - Direct Plan
26-Dec-17 0.07223 0.06692 13.323425-Jan-18 0.07223 0.06692 13.2060
26-Dec-17 0.07223 0.06692 16.538525-Jan-18 0.07223 0.06692 16.4257
27-Jun-17 0.21668 0.20075 13.738625-Sep-17 0.21668 0.20075 13.4921
27-Jun-17 0.21668 0.20075 14.644925-Sep-17 0.21668 0.20075 14.4199
26-Feb-18 0.07223 0.06692 12.8333
26-Feb-18 0.07223 0.06692 15.9933
26-Dec-17 0.21668 0.20075 13.4488
26-Dec-17 0.21668 0.20075 14.4157
Rating24-Feb-04
(CRISIL Hybrid 85+15 -Conservative Index)
34.6715
7.19 years
4.96 years
Aditya Khemani(for Equity portion) Sanjay
Shah (for Debt portion)
Available
10,00010,00025,000
1,000 p.m.Nil
`
`
`
`
`
8.06%
26,285.94
Rating Profile
Sovereign 44.15%
AAAand equivalents 26.11%
Equity 24.96%
Net CurrentAssets 2.44%
Reverse Repos/ CBLOs 2.15%
AA+/AA-/AAand equivalents 0.19%
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 Monthly Income Plan (HMIP)
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 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.
31
FUND DETAILS
Date of Allotment
Benchmark
NAV (Growth)(as on 28 )
Average Maturity ofPortfolio
Modified Duration
of Portfolio
Yield To Maturity*
Fund Manager
SIP
Minimum
Application Amount
Exit Load
per unit
Monthly Average AUM(In Lakhs)
.02.18
@
Weighted Average Monthly Total Expenses ratios(Annualized)Regular 1.84%Direct Plan 1.09%Excludes GST on Investment Management fees of 0.20% ofTotal NetAssets.
Asset Allocation
Government Securities 66.62%
Corporate/ PSU Debt 27.69%
Cash Equivalents 3.14%
Net CurrentAssets 2.55%
Total NetAssets 100.00%
@ Effective from March 1, 2013 for prospective investments.
* Based on invested Amount
FUND PORTFOLIO
Corporate/ PSU Debt
Corporate Bonds / Debentures
Rural Electrification Corporation 497.85 9.99% CRISIL AAA
Tata Sons 296.53 5.95% CRISIL AAA
National Highways Authority of India 197.16 3.96% CRISIL AAA
Bajaj Finance 195.61 3.92% CRISIL AAA
Power Finance Corporation 192.68 3.87% CRISIL AAA
6.79% GOVT OF INDIA RED 15-05-2027 956.21 19.18% SOVEREIGN
6.68% GOVT OF INDIA RED 17-09-2031 470.58 9.44% SOVEREIGN
7.17% GOVT OF INDIA RED 08-01-2028 405.44 8.13% SOVEREIGN
6.84% GOVT OF INDIA RED 19-12-2022 399.87 8.02% SOVEREIGN
7.61% GOVT OF INDIA RED 09-05-2030 218.70 4.39% SOVEREIGN
8.39% RAJASTHAN SPL SDL RED 15-03-2024 201.07 4.03% SOVEREIGN
8.28% TAMIL NADU SDL RED 21-02-2028 200.24 4.02% SOVEREIGN
8.60% GOVT OF INDIA RED 02-06-2028 166.72 3.34% SOVEREIGN
6.57% GOVT OF INDIA RED 05-12-2033 163.49 3.28% SOVEREIGN
8.24% GOVT OF INDIA RED 15-02-2027 101.57 2.04% SOVEREIGN
8.28% RAJASTHAN SDL RED 21-02-2028 37.17 0.75% SOVEREIGN
Government Securities
Cash Equivalents
CBLO 80.44 1.61%
Reverse Repos 76.16 1.53%
Net Current Assets 126.97 2.55%
Total Net Assets as on 28-Feb-2018 4,984.46 100.00%
IssuerMarket Value
( in Lacs)`
% to NetAssets
Rating10-Dec-02
CRISIL Composite BondFund Index
27.1281
7.70 years
5.31 years
8.02%
5,063.77
Sanjay Shah
Available
10,000
1,000 p.m.(SIP)
Nil
`
`
`
Rating Profile
Sovereign 66.62%
AAAand equivalents 27.69%
Reverse Repos/ CBLOs 3.14%
Net CurrentAssets 2.55%
Total NetAssets 100.00%
Dividend DeclarationRecord Date / periodof dividend declared
Dividend ( per unit)Non-Institutional
` Dividend ( per unit)Institutional
` NAV ( ) per unit(cum dividend)
`
HSBC Income Fund - Investment Plan - Regular Option - Quarterly Dividend
HSBC Income Fund - Investment Plan - Institutional Option - Quarterly Dividend
27-Jun-17 0.14445 0.13383 11.2759
25-Sep-17 0.14445 0.13383 11.1079
26-Dec-17 0.14445 0.13383 10.7434
12-Jun-09 0.11387 0.10598 11.0294
11-Sep-09 0.11387 0.10598 10.9960
11-Dec-09 0.11387 0.10598 11.0973
Upon payment of dividend, the NAV per unit falls to the extent of payout and statutory levy, if any. Face value: 10 per unit.`
Investors understand that their 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.
32
FUND DETAILS
Date of Allotment
Benchmark
NAV (Growth)
(as on 28 )
Average Maturity ofPortfolio
Modified Duration
of Portfolio
Yield To Maturity*
Fund Managers
SIP
Minimum
Application Amount
Exit Load
per unit
Monthly Average AUM(In Lakhs)
.02.18
@
Weighted Average Monthly Total Expenses ratios(Annualized)
Regular 1.25%
Direct Plan 0.30%Excludes on Investment Management fees of 0.05% ofTotal NetAssets.
GST
Asset Allocation
Corporate/ PSU Debt 87.12%
Money Market Instruments 4.56%
Government Securities 4.23%
Net CurrentAssets 2.74%
Cash Equivalents 1.35%
Total NetAssets 100.00%
@ Effective from March 1, 2013 for prospective investments.
* Based on invested Amount
FUND PORTFOLIO
Money Market Instruments
Corporate/ PSU Debt
Government Securities
Cash Equivalents
CBLO 1,061.64 0.69%
Reverse Repos 1,005.12 0.65%
Net Current Assets 4,252.18 2.74%
Total Net Assets as on 28-Feb-2018 1,53,540.75 100.00%
Certificate of Deposit
Corporate Bonds / Debentures
Zero Coupon Bonds
IndusInd Bank 2,336.44 1.52% CRISIL A1+
Small Industries Development Bk of India 2,332.90 1.52% CARE A1+
NABARD 2,330.19 1.52% CRISIL A1+
NABARD 9,796.53 6.38% CRISIL AAA
Rural Electrification Corporation 9,022.69 5.88% CARE AAA
Nabha Power 7,542.27 4.91% [ICRA]AAA
Nabha Power 7,481.48 4.87% [ICRA]AAA(SO)
Dewan Housing Finance Corporation 5,023.26 3.27% CARE AAA
Volkswagen Finance Pvt 4,994.21 3.25% Fitch AAA
Dalmia Cements (Bharat) 4,985.92 3.25% [ICRA]AA
Tata Capital Financial Services 4,972.62 3.24% [ICRA]AA+
Energy Efficiency Services 4,968.09 3.24% [ICRA]AA
Aditya Birla Finance 4,927.03 3.21% [ICRA]AA+
Dewan Housing Finance Corporation 4,016.90 2.62% CARE AAA
CLP Wind Farm India Pvt 4,015.13 2.62% Fitch AA
Small Industries Development Bk of India 3,924.00 2.56% CARE AAA
Shriram Transport Finance Company 2,496.48 1.63% CRISIL AA+
Orix Leasing & Financial Services 2,482.95 1.62% Fitch AAA
Tata Capital Financial Services 2,481.40 1.62% [ICRA]AA+
Power Finance Corporation 2,473.76 1.61% CRISIL AAA
Indian Railway Finance Corporation 2,467.83 1.61% CRISIL AAA
Power Finance Corporation 2,458.05 1.60% CRISIL AAA
Power Finance Corporation 2,457.05 1.60% CRISIL AAA
Orix Leasing & Financial Services 2,424.90 1.58% Fitch AAA
Power Finance Corporation 2,408.53 1.57% CRISIL AAA
National Highways Authority of India 1,971.65 1.28% CRISIL AAA
India Infradebt 1,509.14 0.98% CRISIL AAA
Power Grid Corporation of India 1,024.43 0.67% CRISIL AAA
East North Interconnection Company 1,000.51 0.65% CRISIL AAA (SO)
Tata Capital Financial Services 498.89 0.32% CRISIL AA+
Cholamandalam Investment & Fin Co 350.44 0.23% [ICRA]AA
Tata Capital Housing Finance 350.41 0.23% CRISIL AA+
LIC Housing Finance 350.11 0.23% CARE AAA
Power Finance Corporation 321.39 0.21% CRISIL AAA
Power Grid Corporation of India 310.71 0.20% CRISIL AAA
Reliance Industries 263.11 0.17% CRISIL AAA
Small Industries Development Bk of India 240.73 0.16% CARE AAA
Power Finance Corporation 237.84 0.15% CARE AAA
Housing & Urban Development Corp 225.62 0.15% CARE AAA
Indian Railway Finance Corporation 97.95 0.06% CRISIL AAA
NABARD 10.01 0.01% CRISIL AAA
Sundaram BNP Paribas Home Finance 6,898.38 4.49% [ICRA]AA+
Sundaram BNP Paribas Home Finance 6,898.38 4.49% [ICRA]AA+
JM Financial Products 5,434.46 3.54% CRISIL AA
JM Financial Products 5,320.69 3.47% CRISIL AA
Sundaram BNP Paribas Home Finance 2,590.87 1.69% [ICRA]AA+
6.79% GOVT OF INDIA RED 15-05-2027 3,155.72 2.06% SOVEREIGN
8.28% TAMIL NADU SDL RED 21-02-2028 2,503.00 1.63% SOVEREIGN
6.68% GOVT OF INDIA RED 17-09-2031 589.71 0.38% SOVEREIGN
8.03% UTTAR PRADESH SDL RED 02-06-2020 247.11 0.16% SOVEREIGN
IssuerMarket Value
( in Lacs)`
% to NetAssets
Rating10-Dec-02
CRISIL Short Term BondFund Index
28.0956
2.14 years
1.76 years
8.25%
1,65,703.06
Sanjay Shah &
Kapil Punjabi
Available
10,000
1,000 p.m.(SIP)
Nil
`
`
`
Rating Profile
AAAand equivalents 54.41%
AA+/AA-/AAand equivalents 37.27%
Sovereign 4.23%
Net CurrentAssets 2.74%
Reverse Repos/ CBLOs 1.35%
Total NetAssets 100.00%
Dividend DeclarationRecord Date / periodof dividend declared
Dividend ( per unit)Non-Institutional
` Dividend ( per unit)Institutional
` NAV ( ) per unit(cum dividend)
`
HSBC 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
27-Nov-17 0.03763 0.03486 11.188025-Jan-18 0.02400 0.02224 11.1619
26-Dec-16 0.07035 0.06518 11.333525-Jan-17 0.05706 0.05286 11.3524
25-Sep-17 0.14445 0.13383 10.3838
25-Sep-17 0.14445 0.13383 10.413826-Dec-17 0.14445 0.13383 10.2960
26-Feb-18 0.01028 0.00953 11.1429
27-Feb-17 0.04637 0.04296 11.2799
27-Jul-15 0.05814 0.05387 12.0045
30-Dec-11 0.08478 0.07266 10.120027-Jan-12 0.05533 0.04742 10.086624-Feb-12 0.05663 0.04854 10.0881
25-May-15 0.05330 0.04938 12.007825-Jun-15 0.06385 0.05915 11.9934
HSBC Income Fund - Short Term Plan - Quarterly Dividend
HSBC Income Fund - Short Term Plan - Quarterly Dividend- Direct Plan
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 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 28 )
Average Maturity ofPortfolio
Modified Duration
of Portfolio
Yield To Maturity*
Fund Manager
SIP
Minimum
Application Amount
Sub Options
Exit Load
per unit
Monthly Average AUM(In Lakhs)
.02.18
@
Asset Allocation
Money Market Instruments 84.10%
Treasury Bill 8.84%
Cash Equivalents 6.95%
Net CurrentAssets 0.11%
Total NetAssets 100.00%
@ Effective from March 1, 2013 for prospective investments.
* Based on invested Amount
FUND PORTFOLIO
Money Market Instruments
Certificate of Deposit
Commercial Paper
HDFC Bank 14,979.57 3.45% Fitch A1+
The Federal Bank 9,981.14 2.30% CRISIL A1+
The Federal Bank 9,976.02 2.30% CRISIL A1+
Ujjivan Small Finance Bank 9,972.77 2.30% CRISIL A1+
Ujjivan Small Finance Bank 9,954.41 2.29% CRISIL A1+
Axis Bank 9,889.70 2.28% CRISIL A1+
Yes Bank 9,835.72 2.26% [ICRA]A1+
Equitas Small Finance Bank 9,823.85 2.26% CRISIL A1+
The South Indian Bank 9,471.52 2.18% CARE A1+
AU Small Finance Bank 4,992.97 1.15% Fitch A1+
ICICI Bank 4,978.39 1.15% [ICRA]A1+
The South Indian Bank 2,494.85 0.57% CARE A1+
Axis Bank 2,466.48 0.57% [ICRA]A1+
ICICI Bank 497.75 0.11% [ICRA]A1+
SREI Equipment Finance 19,905.25 4.58% [ICRA]A1+
HDFC 14,824.17 3.41% CRISIL A1+
IL & FS Financial Services 14,692.07 3.38% CARE A1+
NABARD 10,000.00 2.30% CRISIL A1+
KEC International 9,992.84 2.30% Fitch A1+
Welspun India 9,978.12 2.30% CARE A1+
Dewan Housing Finance Corporation 9,959.49 2.29% CRISIL A1+
Future Retail 9,955.19 2.29% CARE A1+
Magma Fincorp 9,955.01 2.29% CRISIL A1+
Future Retail 9,948.05 2.29% CARE A1+
Indostar Capital Finance 9,850.38 2.27% CRISIL A1+
Edelweiss Commodities Services 9,833.01 2.26% CRISIL A1+
National Fertilizers 7,961.26 1.83% [ICRA]A1+
Mahindra Rural Housing Finance 7,480.73 1.72% Fitch A1+
DHFL Vysya Housing Finance 7,480.33 1.72% CRISIL A1+
Edelweiss Housing Finance 7,468.34 1.72% CRISIL A1+
India Infoline Finance 7,460.11 1.72% [ICRA]A1+
STCI Finance 7,372.16 1.70% CRISIL A1+
STCI Finance 7,364.01 1.69% CRISIL A1+
Welspun India 4,992.68 1.15% CARE A1+
Dalmia Bharat Sugars and Ind 4,992.42 1.15% [ICRA]A1+
Capital First Home Finance 4,987.74 1.15% CARE A1+
Indiabulls Housing Finance 4,987.38 1.15% CRISIL A1+
Capital First Home Finance 4,986.93 1.15% CARE A1+
Dalmia Bharat Sugars and Ind 4,986.82 1.15% [ICRA]A1+
India Infoline Housing Finance 4,979.15 1.15% [ICRA]A1+
Dalmia Bharat Sugars and Ind 4,979.06 1.15% [ICRA]A1+
IIFL Wealth Finance 4,917.45 1.13% [ICRA]A1+
India Infoline Wealth Finance 4,915.26 1.13% [ICRA]A1+
Future Retail 2,500.00 0.58% CARE A1+
Aditya Birla Finance 2,498.12 0.57% [ICRA]A1+
Kotak Mahindra Prime 2,493.46 0.57% CRISIL A1+
SREI Equipment Finance 2,486.53 0.57% [ICRA]A1+
JM Financial Services 2,454.18 0.56% [ICRA]A1+
JM Financial Services 2,453.64 0.56% [ICRA]A1+
317 DAYS TBILL RED 15-03-2018 25,938.62 5.97% SOVEREIGN
182 DAYS TBILL RED 08-03-2018 7,491.30 1.72% SOVEREIGN
364 DAYS TBILL RED 12-03-2018 4,990.79 1.15% SOVEREIGN
Treasury Bill
Cash Equivalents
CBLO 15,507.35 3.57%
Reverse Repos 14,681.73 3.38%
Net Current Assets 449.47 0.11%
Total Net Assets as on 28-Feb-2018 4,34,465.73 100.00%
Issuer Market Value( in Lacs)`
% to NetAssets
Rating04-Dec-02
CRISIL Liquid Fund Index
1715.3062
0.08 years
0.08 years7.01%
4,60,443.72
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 84.10%
Sovereign 8.84%
Reverse Repos/ CBLOs 6.95%
Net CurrentAssets 0.11%
Total NetAssets 100.00%
Dividend DeclarationRecord Date / periodof dividend declared
Dividend ( per unit)Non-Institutional
` Dividend ( per unit)Institutional
` NAV ( ) per unit(cum dividend)
`
HSBC Cash Fund - Institutional Option - Monthly Dividend
HSBC Cash Fund - Monthly Dividend - Direct Plan
HSBC Cash Fund - Institutional Plus Option - Monthly Dividend
26-Dec-17 3.61348 3.34782 1005.2533
25-Jan-18 3.89848 3.61187 1005.6479
25-Oct-17 3.90408 3.61706 1014.0370
27-Nov-17 4.21537 3.90546 1014.4680
26-Feb-18 4.18499 3.87732 1006.0446
26-Dec-17 3.67905 3.40857 1013.7255
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 0.13%
Direct Plan 0.07%
Excludes on Investment Management fees of 0.01% of TotalNetAssets.
GST
33
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)
* Investors should consult their financial advisers if in doubt aboutwhether the product is suitable 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.
34
FUND DETAILS
Date of AllotmentBenchmark
NAV (Growth)(as on 28 )Average Maturity ofPortfolioModified Durationof PortfolioYield To Maturity*
Fund Managers
SIPMinimum ApplicationAmountSub Options
Exit Load
per unit
Monthly Average AUM(In Lakhs)
.02.18
@
Asset Allocation
Corporate/ PSU Debt 48.83%
Money Market Instruments 46.34%
Cash Equivalents 3.17%
Net CurrentAssets 1.66%
Total NetAssets 100.00%
@ 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
HDFC Bank 4,993.19 7.93% Fitch A1+
ICICI Bank 4,911.11 7.80% [ICRA]A1+
Axis Bank 2,455.97 3.90% CRISIL A1+
IndusInd Bank 2,449.13 3.89% CRISIL A1+
IndusInd Bank 2,336.44 3.71% CRISIL A1+
Small Industries Development Bk of India 2,332.90 3.70% CARE A1+
NABARD 2,330.19 3.70% CRISIL A1+
Future Retail 2,500.00 3.97% CARE A1+
Future Retail 2,489.80 3.95% CARE A1+
Dewan Housing Finance Corporation 2,387.19 3.79% CRISIL A1+
Dewan Housing Finance Corporation 3,514.79 5.58% CARE AAA
Cholamandalam Investment & Fin Co 2,503.86 3.97% [ICRA]AA
Indiabulls Housing Finance 2,503.14 3.97% CARE AAA
CLP Wind Farm India Pvt 2,502.67 3.97% Fitch AA
Energy Efficiency Services 2,484.04 3.94% [ICRA]AA
Tata Capital Financial Services 2,481.40 3.94% [ICRA]AA+
Power Finance Corporation 2,477.53 3.93% CARE AAA
Aditya Birla Finance 2,463.52 3.91% [ICRA]AA+
Orix Leasing & Financial Services 2,424.90 3.85% Fitch AAA
Tata Capital Financial Services 1,995.57 3.17% CRISIL AA+
Small Industries Development Bk of India 981.00 1.56% CARE AAA
Rural Electrification Corporation 977.54 1.55% CARE AAA
East North Interconnection Company 749.65 1.19% CRISIL AAA (SO)
JM Financial Products 2,708.95 4.30% CRISIL AA
Corporate/ PSU Debt
Cash Equivalents
CBLO 1,024.44 1.63%
Reverse Repos 969.90 1.54%
Net Current Assets 1,044.03 1.66%
Total Net Assets as on 28-Feb-2018 62,992.83 100.00%
IssuerMarket Value
( in Lacs)`
% to NetAssets
Rating17-Oct-06
CustomisedBenchmark Index**
15.1311
0.88 years
0.77 years7.73%
60,877.69
Kapil Punjabi
Available10,000
1,000 p.m.(SIP)Growth, Daily Dividend,
ReinvestmentWeekly Dividend,
ReinvestmentMonthly Dividend (Payout &
Reinvestment)
Nil
`
`
`
Rating Profile
AAAand equivalents 67.97%
AA+/AA-/AAand equivalents 27.20%
Reverse Repos/ CBLOs 3.17%
Net CurrentAssets 1.66%
Total NetAssets 100.00%
Dividend Declaration
Record Date / periodof dividend declared
Dividend ( per unit)Non-Institutional
` Dividend ( per unit)Institutional
` NAV ( ) per unit(cum dividend)
`
HSBC 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
26-Dec-17 0.01880 0.01742 10.1528
25-Jan-18 0.03091 0.02863 10.1696
26-Dec-17 0.02393 0.02217 10.3628
25-Jan-18 0.03638 0.03370 10.3801
26-Feb-18 0.03729 0.03455 10.3813
26-Feb-18 0.03143 0.02912 10.1703
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 1.00%
Direct Plan 0.20%
Excludes GST on Investment Management fees of 0.04% of TotalNetAssets.
Investors understand that their principalwill be at Moderately Low risk
Riskometer
Modera
tely Moderate
Low
Hig
h
Low
High
LOW HIGH
Moderately
This product is suitable forinvestors who are seeking*:• Liquidity over short term• Investment in 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.
35
FUND DETAILS
Date of Allotment
Benchmark
NAV (Growth)(as on 28 )
Average Maturity ofPortfolio
Modified Duration
of Portfolio
Yield To Maturity*
Fund Manager
SIP
Minimum
Application Amount
Exit Load
per unit
Monthly Average AUM(In Lakhs)
.02.18
@
Asset Allocation
Government Securities 62.20%
Corporate/ PSU Debt 29.49%
Cash Equivalents 5.61%
Net CurrentAssets 2.70%
Total NetAssets 100.00%
@ Effective from March 1, 2013 for prospective investments.
* Based on invested Amount
FUND PORTFOLIO
Corporate/ PSU Debt
Corporate Bonds / Debentures
Rural Electrification Corporation 1,991.40 7.11% CRISIL AAA
Tata Sons 1,680.32 6.00% CRISIL AAA
Bajaj Finance 1,564.92 5.59% CRISIL AAA
Power Finance Corporation 1,541.46 5.51% CRISIL AAA
National Highways Authority of India 1,478.73 5.28% CRISIL AAA
6.68% GOVT OF INDIA RED 17-09-2031 2,360.33 8.43% SOVEREIGN
6.79% GOVT OF INDIA RED 15-05-2027 2,127.96 7.60% SOVEREIGN
8.53% BIHAR SDL RED 30-03-2022 2,040.09 7.29% SOVEREIGN
6.84% GOVT OF INDIA RED 19-12-2022 2,018.87 7.21% SOVEREIGN
8.24% GOVT OF INDIA RED 15-02-2027 1,929.85 6.90% SOVEREIGN
8.39% RAJASTHAN SPL SDL RED 15-03-2024 1,608.55 5.75% SOVEREIGN
6.57% GOVT OF INDIA RED 05-12-2033 1,333.31 4.76% SOVEREIGN
8.60% GOVT OF INDIA RED 02-06-2028 1,312.92 4.69% SOVEREIGN
8.28% TAMIL NADU SDL RED 21-02-2028 1,201.44 4.29% SOVEREIGN
7.17% GOVT OF INDIA RED 08-01-2028 1,133.76 4.05% SOVEREIGN
8.28% RAJASTHAN SDL RED 21-02-2028 223.00 0.80% SOVEREIGN
7.61% GOVT OF INDIA RED 09-05-2030 121.50 0.43% SOVEREIGN
Government Securities
Cash Equivalents
CBLO 806.91 2.88%
Reverse Repos 763.95 2.73%
Net Current Assets 749.77 2.70%
Total Net Assets as on 28-Feb-2018 27,989.05 100.00%
IssuerMarket Value
( in Lacs)`
% to NetAssets
Rating05-Oct-07
CRISIL Composite BondFund Index
22.3090
6.89 years
4.78 years
8.00%
28,467.73
Sanjay Shah
Available
10,000
1,000 p.m.(SIP)
Nil
`
`
`
Rating Profile
Sovereign 62.20%
AAAand equivalents 29.49%
Reverse Repos/ CBLOs 5.61%
Net CurrentAssets 2.70%
Total NetAssets 100.00%
Dividend Declaration
Record Date / periodof dividend declared
Dividend ( per unit)Non-Institutional
` Dividend ( per unit)Institutional
` NAV ( ) per unit(cum dividend)
`
HSBC Flexi Debt Fund - Regular Option - Monthly Dividend
HSBC Flexi Debt Fund - Institutional Option - Monthly Dividend
HSBC Flexi Debt Fund - Monthly Dividend - Direct Plan
HSBC Flexi Debt Fund - Regular Option - Quarterly Dividend
HSBC Flexi Debt Fund - Institutional Option - Quarterly Dividend
HSBC Flexi Debt Fund - Quarterly Dividend - Direct Plan
HSBC Flexi Debt Fund - Regular Option - Half Yearly Dividend
HSBC Flexi Debt Fund - Institutional Option - Half-yearly Dividend
HSBC Flexi Debt Fund - Half-yearly Dividend - Direct Plan
26-Apr-13 0.05836 0.04973 10.4949
31-May-13 0.11214 0.10740 10.6718
28-Jun-13 0.03263 0.03125 10.4175
25-Nov-16 0.32168 0.29803 11.0304
27-Jun-17 0.01324 0.01227 10.6036
25-Jun-15 0.18057 0.16729 11.8869
28-Sep-15 0.18057 0.16729 11.9644
27-Mar-17 0.18057 0.16729 11.8718
27-Jun-17 0.14445 0.13383 11.9288
27-Jun-17 0.18057 0.16729 12.4254
25-Sep-17 0.18057 0.16729 12.2547
15-Mar-13 0.35236 0.30201 11.6629
26-Sep-16 0.36113 0.33458 12.5188
27-Mar-17 0.36113 0.33458 12.2875
25-Sep-17 0.36113 0.33458 12.1555
26-Sep-16 0.36113 0.33458 11.9179
27-Mar-17 0.36113 0.33458 11.7165
25-Jul-17 0.04532 0.04199 10.6481
25-Aug-15 0.06760 0.06263 10.8080
28-Sep-15 0.09852 0.09127 10.8504
26-Oct-15 0.11441 0.10600 10.8719
25-Mar-15 0.18147 0.16829 12.2052
25-Sep-17 0.36113 0.33458 11.6099
25-Sep-17 0.18057 0.16729 11.7832
26-Dec-17 0.18057 0.16729 11.8705
14-Sep-12 0.35236 0.30201 11.4315
Upon payment of dividend, the NAV per unit falls to the extent of payout and statutory levy, if any. Face value: 10 per unit.`
Weighted Average Monthly Total Expenses ratios(Annualized)
Regular 1.60%Direct Plan 0.85%
Excludes on Investment Management fees of 0.15% of TotalNetAssets.
GST
Investors understand that their principalwill be at Moderate risk
Riskometer
Mod
erately Moderate
Low
Hig
h
Low
High
LOW HIGH
Moderately
This product is suitable forinvestors who are seeking*:
• Regular Income over longterm
• Investment in Debt / MoneyMarket Instruments
HSBC Flexi Debt Fund (HFDF)
* Investors should consult their financial advisers if in doubt aboutwhether the product is suitable for them.
36
HSBC Monthly Income Plan
HSBC Income Fund - Investment Plan
HSBC Income Fund - Short 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) & Kapil Punjabi (from 23 December 2016)
Kapil Punjabi (from 14 March 2014)
Kapil Punjabi (from 18 October 2014)
Sanjay Shah (from 09 January 2009)
Name of Scheme Fund Manager
Fund Manager’s Experience
Sanjay ShahSenior Vice President Head - Fixed IncomeB. Com, A.C.A., Post Graduate Diploma in Management
Experience:
Over 18 years of experience in research and fund management
HSBC Asset Management (India) Private Ltd
Senior Vice President & Head – Fixed Income from November 2012 to present,
Vice President & Fund Manager, Fixed Income since December 2008 till November 2012.
FIL Fund Management Private Ltd
Credit Analyst from September 2008 to December 2008
Lehman Brothers Structured Financial Services Private 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 11 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.
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Funds Managed by Sanjay Shah (for Debt portion) (Total Schemes Managed 10)Aditya Khemani (for Equity portion) (Total Schemes Managed 2)Funds Managed by
HSBC Monthly Income Plan Date of Inception : 24 Feb 04
Scheme Name & Benchmarks SinceInception
HSBC Monthly Income Plan - Growth
(CRISIL Hybrid 85+15 - Conservative Index) (Scheme Benchmark)
Crisil 1 Year T-Bill Index (Standard Benchmark)
Crisil 10 Year Gilt Index (Standard Benchmark)
10,000, if invested in HMIP, would have become
10,000, if invested in , wouldhave become
10,000, if invested in Crisil 1 Year T-Bill Index, would have become
10,000, if invested in Crisil 10 Year Gilt Index, would have become
`
`
`
`
CRISIL Hybrid 85+15 - Conservative Index
4.92% 5.74% 9.08% 9.27%
6.62% 7.96% 9.57% 8.16%
5.65% 6.96% 7.05% 5.96%
-1.45% 5.54% 5.84% 5.19%
10,492 11,823 15,440 34,680
10,662 12,582 15,796 30,049
10,565 12,238 14,056 22,532
9,855 11,757 13,281 20,327
` ` ` `
` ` ` `
` ` ` `
` ` ` `
Past performance may or may not be sustained in the future. Refer note below.
Returns are of growth option. The returns for the respective periods are provided as on Last business day of February 2018 for the respective Schemes. Returns above 1 year areCompounded Annualized. Standard benchmark is prescribed by SEBI and is used for comparison purposes. Returns on 10,000 are point-to-point returns for the specific timeperiod, invested at the start of the period. The returns provided above have been rounded off and hence there may be minor differences between point-to-point returns vis-a-visreturns indicated above. Different plans shall have a different expense structure. The performance details provided herein are of other than Direct plan.
Scheme count for the total schemes managed by the Fund Managers does not include closed ended scheme.
`
Fund Manager Wise Comparative Performance of Debt Schemes
37
1 Year 3 Years 5 Years
Funds Managed by - Sanjay Shah (Total Schemes Managed 10)
Funds Managed by - Sanjay Shah (Total Schemes Managed 10)
The said Fund is managed by Effective (14 August 2009)Sanjay Shah
The said Fund is managed by Effective (09 January 2009)Sanjay Shah
The said Fund is managed by Effective (09 January 2009)Sanjay Shah
The said Fund is managed by Effective (24 February 2009)Aditya Khemani
Past performance may or may not be sustained in the future. Refer note below.
HSBC 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
`
`
`
0.44% 4.54% 6.05% 6.77%
4.25% 7.60% 8.26% 6.64%
-1.45% 5.56% 5.84% 5.73%
10,044 11,428 13,416 27,120
10,425 12,463 14,874 26,621
9,855 11,766 13,284 23,364
` ` ` `
` ` ` `
` ` ` `
1 Year 3 Years 5 Years
HSBC Flexi Debt Fund Date of Inception: 05 Oct 07
Scheme Name & Benchmarks SinceInception
HSBC Flexi Debt Fund - Growth
Crisil Composite Bond Fund Index (Scheme Benchmark)
Crisil 10 Year Gilt Index (Standard Benchmark)
10,000, if invested in HFDF, would have become
10,000, if invested in Crisil Composite Bond Fund Index, would have become
10,000, if invested in Crisil 10 Year Gilt Index, would have become
`
`
`
1.19% 5.01% 6.70% 8.02%
4.25% 7.60% 8.26% 7.58%
-1.45% 5.56% 5.84% 6.34%
10,119 11,583 13,832 22,307
10,425 12,463 14,874 21,380
9,855 11,766 13,284 18,952
` ` ` `
` ` ` `
` ` ` `
Past performance may or may not be sustained in the future. Refer note below.
1 Year 3 Years 5 Years
Performance of the respective benchmark is calculated as per the Total Return Index (TRI)
Fund Manager Wise Comparative Performance of Debt Schemes
38
Past performance may or may not be sustained in the future. Refer note below.
Funds Managed by Sanjay Shah (Total Schemes Managed 10)
Funds Managed by Kapil Punjabi (Total Schemes Managed 3)
HSBC 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
`
`
`
4.89% 6.95% 7.67% 7.02%
5.67% 7.77% 8.49% 7.08%
5.65% 6.96% 7.05% 5.92%
10,489 12,238 14,473 28,103
10,567 12,522 15,033 28,344
10,565 12,241 14,061 24,011
` ` ` `
` ` ` `
` ` ` `
1 Year 3 Years 5 Years
@ Pursuant to SEBI circular dated Sept 13, 2012, certain Plans / Options within the schemes have been discontinued to comply with a single plan structure. Since there was nocontinuous NAV history available for the surviving Plan prior to 19 May 2011, returns since the said date have been considered for calculating performance. The inception date ofHSBC Cash Fund however is 4 December 2002.
The returns for the respective periods are provided as on . Returns above 1 year are Compounded Annualized.Standard benchmark is prescribed by SEBI and is used for comparison purposes. Returns on 10,000 are point-to-point returns for the specific time period, invested at the start ofthe period. The returns provided above have been rounded off and hence there may be minor differences between point-to-point returns vis-a-vis returns indicated above. Differentplans shall have a different expense structure. The performance details provided herein are of other than Direct plan.Scheme count for the total schemes managed by the Fund Managers does not include closed ended scheme.
Last business day of February 2018 for the respective Schemes`
* 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 plan structure.Since there was nocontinuous NAV history available for the surviving Plan prior to 1 October 2012, returns since the said date have been considered for calculating performance. The inception date ofHSBC Ultra Short Term Bond Fund however is 17 October 2006.
HSBC Cash Fund@ Date of Inception: 04 Dec 02
Scheme Name & Benchmarks 1 Year 3 Years 5 Years SinceInception
HSBC Cash Fund - Growth
Crisil Liquid Fund Index (SchemeBenchmark)
Crisil 91 Day T-Bill Index (StandardBenchmark)
`
`
`
10,000, if invested in HCF, would havebecome
10,000, if invested in Crisil Liquid FundIndex, would have become
10,000, if invested in Crisil 91 Day T-BillIndex, would have become
HSBC 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
`
`
`
Past performance may or may not be sustained in the future. Refer note below.
Last 7 Daysas on 28Feb 2018
Last 15 Daysas on 28Feb 2018
Last 30 Daysas on 28Feb 2018
6.63% 6.66% 6.62% 6.68% 7.41% 8.11% 8.28%
6.85% 6.82% 6.98% 6.68% 7.36% 8.08% 8.16%
6.38% 6.50% 6.62% 6.36% 7.03% 7.69% 7.78%
10,013 10,027 10,054 10,668 12,395 14,774 17,157
10,013 10,028 10,057 10,668 12,380 14,750 17,029
10,012 10,027 10,054 10,636 12,267 14,486 16,629
` ` ` ` ` ` `
` ` ` ` ` ` `
` ` ` ` ` ` `
Past performance may or may not be sustained in the future. Refer note below.
Funds Managed by - Kapil Punjabi (Total Schemes Managed 3)
Funds Managed by - Kapil Punjabi (Total Schemes Managed 3)
1 Year 3 Years 5 Years
The said Fund is managed by Effective (09 January 2009)Sanjay Shah
The said Fund is managed by Effective (23 December 2016)Kapil Punjabi
The said Fund is managed by Effective (18 October 2014)Kapil Punjabi
The said Fund is managed by Effective (14 March 2014)Kapil Punjabi
5.94% 7.18% 7.97% 7.95%
6.57% 7.41% 8.12% 8.10%
5.65% 6.96% 7.05% 7.11%
10,594 12,317 14,676 15,134
10,657 12,397 14,778 15,249
10,565 12,241 14,061 14,508
` ` ` `
` ` ` `
` ` ` `
Performance of the respective benchmark is calculated as per the Total Return Index (TRI)
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
this document are required to inform themselves about, and to observe, any such restrictions. Mutual fund investments are
subject to market risks. Please read the Scheme Information Document carefully before investing.
Investors should not invest in the Scheme solely based on the information provided in this document and should read the
Combined Scheme Information Document and, Statement of Additional Information of the Fund for details. This document
does not constitute an offering document.
No part of this publication may be reproduced, stored in a retrieval system, or transmitted, on any form or by any means,
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Management (India) Private Ltd.
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