HealthyDirect · GrowthFit for a long SIP
HSBC Equity Savings Fund
HSBC Mutual FundHybrid Schemes - Equity Savings Fund3.9 years
The scheme seeks to generate regular income by predominantly investing in arbitrage opportunities in the cash and derivatives segments of the equity markets and debt and money market instruments and to generate long-term capital appreciation through unhedged exposure to equity and equity related instruments.
- NAV
- 40.7582
- 30 Oct 2026
- 1Y
- +6.0%
- Trailing CAGR
- AUM
- ₹1,326.06 Cr
- 31 Aug 2026
- Volatility
- Low
- 6.6% annualized
Buying brief
Should you add this fund?
Evidence on this desk, framed as a purchase checklist - not SEBI-registered advice.
As of 30 Oct 2026
Stance
Fit for a long SIP
Evidence supports keeping this on a shortlist for a multi-year equity SIP.
In three lines
Fits if · The fund beat the category median in 100% of rolling 3-year windows.
Fits if · Three-year return is above the category median.
Buy checklist
History depth
Watch
3.9 years - usable, still building a track record.
Engine status
Pass
Evidence supports keeping this on a shortlist for a multi-year equity SIP.
Expense ratio
Pass
1.41% TER (Direct). Lower cost compounds on long SIPs.
Drawdown vs peers
Pass
Peak-to-trough -11.5%. Ask whether you can hold through a similar fall.
Vs category
Pass
100% of rolling 3Y windows beat the category median, same plan and option.
Manager tenure
Watch
Mayank Chaturvedi · 1.1 years on the scheme.
Exit load
n/a
No exit-load summary on file.
Tax / wrapper
Pass
Direct Growth, no ELSS lock flagged. Equity LTCG rules still apply after one year - not tax advice.
Portfolio concentration
Watch
Top 10 holdings ≈ 70.7% of the portfolio.
Evidence supports a shortlist - confirm with peers before you buy elsewhere.
Before you buy or SIP
Behaviour and wrappers - the usual India MF failure modes - not a buy instruction.
Drawdown rehearsal
This scheme’s worst fall on file is about 12%. Before you SIP, ask whether you would keep contributing through a similar drop - pausing on fear is the usual India MF failure mode.
SIP discipline
If you start a SIP here, diary a 90-day check and an annual review - don’t react to every NAV print.
NAV
Path not in current snapshots
n/a
Returns
Trailing CAGR and simulated monthly SIP XIRR from daily NAV. Category comparison uses the median of comparable share classes in the peer set.
Trailing CAGR
Point-to-point, calendar-day annualized
- 1Y+6.0%
- 3Y+12.8%
- 5Yn/a
- 10Yn/a
- SI+12.7%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y+6.5%
- 3Y+9.0%
- 5Yn/a
- 10Yn/a
- Since inception
- +12.7%
- Calendar-day CAGR
- Excess 1Y
- +3.8%
- Category median, same plan and option
- 3Y win rate
- +100%
- Windows beating the median
- 3Y percentile
- 100
- Vs comparable share classes
- SIP 3Y XIRR
- +9.0%
- Simulated monthly SIP
- Worst rolling 3Y
- +11.9%
- 228 daily-ending windows
- Median rolling 3Y
- +14.1%
- Calendar-day CAGR
- Positive rolling 5Y
- n/a
- 0 daily-ending windows
Drawdown
Peak to trough from a running NAV high, with the path and recovery episodes.
- Max drawdown
- -11.5%
- Worst peak-to-trough
- Current
- -2.0%
- Below last peak
- Current spell
- 60 days
- Days below latest peak
- Time below peak
- +78%
- NAV observations
Drawdown
Path not in current snapshots
n/a
- Average recovery
- 9 days
- 75 recovered episodes
- Longest recovery
- 194 days
- Trough to prior peak
2 Jan 2025 – 10 Sept 2025
Trough 28 Feb 2025 · recovered in 194 days
-11.5%
15 Oct 2024 – 4 Dec 2024
Trough 13 Nov 2024 · recovered in 21 days
-4.5%
4 Mar 2024 – 2 Apr 2024
Trough 13 Mar 2024 · recovered in 20 days
-3.4%
17 Nov 2025 – 10 Feb 2026
Trough 21 Jan 2026 · recovered in 20 days
-3.4%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
100
Vs category
74
Consistency
89
Risk-adjusted
75
Drawdown
71
Mean
82
Decision
Quantitative engine reasons behind the buying stance. An explanation can only restate what is already here.
Healthy
Buying stance
Fit for a long SIP
Evidence supports keeping this on a shortlist for a multi-year equity SIP.
Why this status
- No material deterioration, cost shock, or persistent category underperformance in the current evidence set.
Supporting reads
- The fund beat the category median in 100% of rolling 3-year windows.
- Three-year return is above the category median.
- Risk-adjusted return sits above the documented risk-free proxy.
- Peak-to-trough drawdown has stayed shallower than 15%.
Portfolio
31 Aug 2026 · 113 holdings · top 10 are 70.7%.
- Top 5
- 55.6%
- Top 10
- 70.7%
- Largest holding
- 39.0%
- Effective holdings
- 5.8
Cash Margin
Unspecified
39.0%
HDFC Bank Ltd
Financial
5.1%
ICICI Bank Ltd
Financial
4.2%
Repo
Unspecified
3.7%
State Bank of India
Financial
3.6%
Worth investigating
Same-category peers with enough history to inspect beside this fund - including tradeoffs.
Baroda BNP Paribas Equity Savings Fund
Baroda BNP Paribas Mutual Fund
- 1Y
- +1.7%
- 3Y
- +9.1%
- Vol
- 5.4%
- Max DD
- -8.4%
- Sharpe
- 0.52
- 3Y win
- +1%
- Lower volatility
- Shallower drawdown
Caveat: Higher TER · Lower trailing returns
WhiteOak Capital Equity Savings Fund
WhiteOak Capital Mutual Fund
- 1Y
- +4.3%
- 3Y
- n/a
- Vol
- 3.8%
- Max DD
- -3.8%
- Sharpe
- 1.06
- 3Y win
- n/a
- Lower volatility
- Shallower drawdown
Caveat: Higher TER · Lower trailing returns
UTI - Equity Savings Fund
UTI Mutual Fund
- 1Y
- +0.7%
- 3Y
- +8.1%
- Vol
- 5.8%
- Max DD
- -13.8%
- Sharpe
- 0.51
- 3Y win
- +64%
- Lower volatility
- Lower TER
Caveat: Deeper drawdown · Lower trailing returns
Invesco India Equity Savings Fund
Invesco Mutual Fund
- 1Y
- -1.5%
- 3Y
- +8.5%
- Vol
- 6.1%
- Max DD
- -13.6%
- Sharpe
- 0.44
- 3Y win
- +33%
- Lower volatility
Caveat: Deeper drawdown · Higher TER · Lower trailing returns
Mahindra Manulife Equity Savings Fund
Mahindra Manulife Mutual Fund
- 1Y
- +2.7%
- 3Y
- +9.3%
- Vol
- 7.7%
- Max DD
- -20.5%
- Sharpe
- 0.53
- 3Y win
- +61%
- Lower TER
Caveat: Higher volatility · Deeper drawdown · Lower trailing returns