HSBC Small Cap Fund Fund
Hsbc Small Cap Fund Fund Growth invests in smaller Indian companies for higher growth potential with higher risk.
What This Strategy Does
CW Expert Research Notes
Resilient Downside Protection
The fund has demonstrated resilience across market cycles, outperforming its benchmark in 7 out of the past 12 years, suggesting a consistent ability to provide downside protection during periods of market stress.
Differentiated Small-Cap Exposure
The fund's distinct investment process, with a bias towards mid-cap stocks (70.69% allocation) and overweight positions in industrials (25.69%) and financial services (21.93%), offers differentiated exposure within the small-cap universe.
Cyclical Earnings Revisions Catalyst
The fund's overweight positioning in cyclical sectors like industrials and consumer cyclicals (17.23%) could benefit from potential earnings revisions as the economic cycle matures, acting as a key catalyst for outperformance.
Performance and Risk Analysis
Historical returns, volatility patterns, and how this fund has performed relative to its benchmark.
Fund Performance
Benchmark Performance Comparison
Risk Profile
Detailed Risks
Market Risk
Prolonged economic slowdown could dampen consumer demand, impacting small-cap earnings.
Liquidity Risk
Elevated volatility could strain liquidity for small-cap holdings, hindering rebalancing.
Concentration Risk
Outsized exposure to consumer discretionary sector amplifies impact of spending cuts.
Specific Strategy Risk
Regulatory tightening on lending norms could pressure small-cap borrowing costs.
Strategy Details
A closer look at the investment thesis, portfolio construction, and current holdings.
Core Investment Theme
Provides exposure to India's entrepreneurial energy before institutional capital discovers it. Small caps offer the highest growth potential but demand patience through volatility cycles. The long-term impact is dramatic wealth creation—historical data shows sustained small-cap investing has generated life-changing returns, but requires conviction to stay invested through sharp drawdowns.
Broader Market View
Market Outlook
Why This Strategy is Attractive Now
Investment Style & Process
Investment Style
Why it Makes Sense
High-Level Investment Process
Portfolio Holdings Overview
Geographic Allocation
Top Stock Holdings
Fund House Management
The asset management company’s track record, AUM scale, and fund manager credentials.
Fund Manager Track Record
Venugopal Manghat
Mr. Venugopal Manghat has experience of 31 years. Manages 24 funds at HSBC Asset Management (India) Private Ltd with an AUM of approximately ₹21,544 Cr Holds a B.S.C degree.
38 years
Combined Team Experience
₹ 48,335 Cr
Assets Under Management
Mayank Chaturvedi
Co-Portfolio ManagerMr. Mayank Chaturvedi has experience of 6 years. Manages 126 funds at HSBC Asset Management (India) Private Ltd with an AUM of approximately ₹26,791 Cr Holds a B.Com degree.
CW Expert Take
HSBC AMC brings institutional rigour to focussed investing. Their strength lies in process consistency, whether managing large-cap equity or credit strategies, they maintain disciplined frameworks that have weathered multiple market cycles. The fund house benefits from deep research capabilities and a stable investment team that translates macro insights into portfolio positioning across asset classes.
Investment Philosophy & Approach
Disciplined Approach
HSBC follows a disciplined investment approach focused on rigorous research.
Risk Management
Risk management is embedded in the investment decision-making process.
Long-Term Perspective
The fund house adopts a long-term perspective in capital allocation.
Operational & Regulatory Details
What it costs to invest, transaction mechanics, and regulatory disclosures you should know.
Costs and Fees
Regulatory & Tax Information
LTCG | >1Year 12.5%% on gain above 1.25 Lakh
STCG | <1Year 20%%
Tax Implications (India)