HealthyDirect · GrowthFit for a long SIP
HSBC Multi Cap Fund
HSBC Mutual FundEquity Schemes - Multi Cap Fund3.7 years
The scheme seeks to generate long-term capital growth from an actively managed portfolio of equity and equity related securities across market capitalization.
- NAV
- 20.0221
- 29 Oct 2026
- 1Y
- +0.7%
- Trailing CAGR
- AUM
- ₹6,380.17 Cr
- 30 Sept 2026
- Volatility
- Medium
- 15.2% annualized
Buying brief
Should you add this fund?
Evidence on this desk, framed as a purchase checklist - not SEBI-registered advice.
As of 29 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
3.7 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
0.79% TER (Direct). Lower cost compounds on long SIPs.
Drawdown vs peers
Pass
Peak-to-trough -20.1%. 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
Pass
Top 10 holdings ≈ 24.1% 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 20%. 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+0.7%
- 3Y+16.7%
- 5Yn/a
- 10Yn/a
- SI+20.4%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y+2.3%
- 3Y+6.9%
- 5Yn/a
- 10Yn/a
- Since inception
- +20.4%
- Calendar-day CAGR
- Excess 1Y
- +5.3%
- Category median, same plan and option
- 3Y win rate
- +100%
- Windows beating the median
- 3Y percentile
- 78
- Vs comparable share classes
- SIP 3Y XIRR
- +6.9%
- Simulated monthly SIP
- Worst rolling 3Y
- +15.1%
- 183 daily-ending windows
- Median rolling 3Y
- +21.4%
- 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
- -20.1%
- Worst peak-to-trough
- Current
- -7.5%
- Below last peak
- Current spell
- 59 days
- Days below latest peak
- Time below peak
- +81%
- NAV observations
Drawdown
Path not in current snapshots
n/a
- Average recovery
- 11 days
- 66 recovered episodes
- Longest recovery
- 432 days
- Trough to prior peak
16 Dec 2024 – 6 May 2026
Trough 28 Feb 2025 · recovered in 432 days
-20.1%
31 Aug 2026 – open
Trough 23 Oct 2026 · not recovered
-10.7%
24 Sept 2024 – 10 Dec 2024
Trough 13 Nov 2024 · recovered in 27 days
-8.7%
3 Jun 2024 – 11 Jun 2024
Trough 4 Jun 2024 · recovered in 7 days
-7.5%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
78
Vs category
83
Consistency
80
Risk-adjusted
72
Drawdown
50
Mean
73
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.
Portfolio
30 Sept 2026 · 101 holdings · top 10 are 24.1%.
- Top 5
- 13.4%
- Top 10
- 24.1%
- Largest holding
- 3.1%
- Effective holdings
- 72.2
TD Power Systems Ltd
Industrials
3.1%
HDFC Bank Ltd
Financial
2.9%
Repo
Unspecified
2.7%
Apar Industries Ltd
Diversified
2.4%
The Federal Bank Ltd
Financial
2.3%
Worth investigating
Same-category peers with enough history to inspect beside this fund - including tradeoffs.
Axis Multicap Fund
Axis Mutual Fund
- 1Y
- +4.0%
- 3Y
- +18.9%
- Vol
- 14.0%
- Max DD
- -18.1%
- Sharpe
- 0.70
- 3Y win
- +96%
- Lower volatility
- Shallower drawdown
- Higher trailing returns
Caveat: Higher TER
WhiteOak Capital Multi Cap Fund
WhiteOak Capital Mutual Fund
- 1Y
- +0.1%
- 3Y
- +17.8%
- Vol
- 14.5%
- Max DD
- -16.9%
- Sharpe
- 0.76
- 3Y win
- +100%
- Lower volatility
- Shallower drawdown
- Higher trailing returns
Caveat: Higher TER
Canara Robeco Multi Cap Fund
Canara Robeco Mutual Fund
- 1Y
- -4.5%
- 3Y
- +13.4%
- Vol
- 13.9%
- Max DD
- -18.3%
- Sharpe
- 0.53
- 3Y win
- 0%
- Lower volatility
- Shallower drawdown
- Lower TER
Caveat: Lower trailing returns
Mirae Asset Multicap Fund
Mirae Asset Mutual Fund
- 1Y
- -6.4%
- 3Y
- +12.4%
- Vol
- 14.4%
- Max DD
- -18.2%
- Sharpe
- 0.46
- 3Y win
- 0%
- Lower volatility
- Shallower drawdown
Caveat: Higher TER · Lower trailing returns
Samco Multi Cap Fund
Samco Mutual Fund
- 1Y
- -2.6%
- 3Y
- n/a
- Vol
- 11.3%
- Max DD
- -20.1%
- Sharpe
- -0.90
- 3Y win
- n/a
- Lower volatility
- Shallower drawdown
Caveat: Higher TER · Lower trailing returns