HSBC Multi Asset Allocation Fund - Regular - Growth
💡 Why Pick This Fund? Quantitative Strengths & Watch-outs
- Strong capital defense: downside capture of 10% limits losses during market corrections.
- Generated +8.5% annualized alpha (excess return) over its benchmark.
- Limited historical track record under 3 years; long-term cycle performance is still evolving.
Key Statistics vs Category Median
Trailing Returns Comparison
| Period | Fund Return | Category Median | Difference |
|---|---|---|---|
| 1 Month | +4.13% | +3.61% | +0.52% |
| 3 Months | -0.11% | -1.36% | +1.25% |
| 6 Months | +3.43% | +1.77% | +1.66% |
| 1 Year | +9.68% | +6.58% | +3.10% |
| Since Inception | +13.20% | - | - |
Calendar Year Returns
| Year | Fund | Category Median | Gap |
|---|---|---|---|
| 2026 | +6.41% | +2.90% | +3.51% |
| 2025 | +8.34% | +18.15% | -9.81% |
Daily Rolling Returns Summary
| Rolling Window | Minimum | Average | Median | Maximum | % Positive | % Beating Proxy |
|---|---|---|---|---|---|---|
| 1-Year Rolling | -2.87% | +11.24% | +9.16% | +34.94% | 99.0% | 73.4% |
Risk Profile & Deepest Drawdowns
Deepest Market Corrections (Depth >= 10%)
| Peak Date | Trough Date | Fall Depth | Months to Bottom | Recovery Period |
|---|---|---|---|---|
| 2024-12-17 | 2025-02-28 | -18.9% | 2 months | 7 months |
| 2026-01-29 | 2026-03-23 | -12.0% | 2 months | 5 months |
Portfolio & Asset Allocation
Statutory Asset Allocation Mandate (SEBI / SID)
| Instrument Category | Permitted Allocation Range |
|---|---|
| Equities & Equity related instruments :65% to 80% | Per Scheme Mandate |
| Debt, Money Market Securities:10% to 25% | Per Scheme Mandate |
| Gold / Silver ETFs: 10% to 25% | Per Scheme Mandate |
| Units issued by REITs/ InvITs: 0% to 10% | Per Scheme Mandate |
Investment Objective & Strategy
The aim of the fund is to generate long-term capital growth and generate income by investing in Equity & Equity Related instruments, Debt & Money Market Securities and Gold / Silver ETFs. However, there can be no assurance or guarantee that the investment objective of the scheme would be achieved.
ℹ️ Detailed monthly stock-level holdings for this scheme are updated periodically from asset management company statutory disclosures.
Fund Size Position
Currently managing Rs 3,310 cr (AMFI Daily Fund AUM as of 2026-11-11). Positioned as comfortable relative to Multi Asset Allocation schemes.
Fund Management
Cost & Capital Gains Taxation
From April 2026 the total expense ratio includes brokerage, transaction costs and statutory levies on top of the base fee.
Equity-oriented schemes: 20% short-term capital gains tax if sold within 12 months; 12.5% long-term capital gains tax on gains exceeding ₹1.25 lakh per financial year when held for more than 12 months.
Closest Multi Asset Allocation Peers by Rank
| Scheme | Score | 3Y Return | Expense | Downside | Fund Size | Compare |
|---|---|---|---|---|---|---|
| Shriram Multi Asset Allocation Fund | 2.4 | +9.62% | 2.48% | 56.9% | Rs 147 cr | Compare → |
| Invesco India Multi Asset Allocation Fund | 7.4 | - | 1.69% | 13.7% | Rs 1,264 cr | Compare → |
| Edelweiss Multi Asset Allocation Fund | 5.4 | +7.14% | 1.12% | -16.3% | Rs 2,984 cr | Compare → |
| Mahindra Manulife Multi Asset Allocation Fund | 6.7 | - | 1.91% | 21.6% | Rs 1,270 cr | Compare → |
| Tata Multi Asset Allocation Fund | 3.9 | +11.89% | 1.95% | 43.0% | Rs 5,156 cr | Compare → |
Frequently Asked Questions about HSBC Multi Asset Allocation Fund
What is the expense ratio of HSBC Multi Asset Allocation Fund?
HSBC Multi Asset Allocation Fund has a total expense ratio (TER) of 2.23% with a base expense ratio of 1.55%, compared to the Multi Asset Allocation category median of 2.13%.
Who manages HSBC Multi Asset Allocation Fund?
HSBC Multi Asset Allocation Fund is managed by Cheenu Gupta.
What are the historical returns of HSBC Multi Asset Allocation Fund?
HSBC Multi Asset Allocation Fund has a 1-year return of +9.68%.
How large is HSBC Multi Asset Allocation Fund?
HSBC Multi Asset Allocation Fund manages assets of Rs 3,310 cr, placing it in the 'comfortable' size band relative to Multi Asset Allocation peers.
How is HSBC Multi Asset Allocation Fund scored on MFIQ?
HSBC Multi Asset Allocation Fund holds an MFIQ Score of 6.5/10 (Average), based on a category percentile composite across returns, risk, consistency, and cost.
How risky is HSBC Multi Asset Allocation Fund?
HSBC Multi Asset Allocation Fund has an official SEBI riskometer rating of Very High. Over the analyzed period, its annualized standard deviation is 13.82% with a maximum historical drawdown of -18.91%.