HSBC Value Fund
Page methodology reviewed by Kshitij Jain, Principal Officer, NYVO Investment Advisor (INA000022172) · Data updated
NAV
₹119.88
as of 30 Oct 2026
HSBC Value Fund is an open-ended Value Fund scheme from HSBC Mutual Fund managing ₹14,660 crore (as of 30 Sept 2026). Its Direct-plan NAV is ₹119.88 as of 30 Oct 2026. The expense ratio is 0.9% a year. Managed by Venugopal Manghat. This page is factual data only – it carries no rating and no recommendation.
What the fund data says
HSBC Value Fund is a Direct-plan, growth-option Value Fund scheme managed by HSBC Mutual Fund. It reported ₹14,660 crore in assets as of 30 Sept 2026. The scheme began on 8 Jan 2010. The named fund manager is Venugopal Manghat.
The dated asset mix was 98.1% equity, 0.0% debt, 1.9% cash and 0.0% other as of 30 Sept 2026. Within the reported equity size split, exposure was 41.7% large-cap, 17.7% mid-cap, 38.3% small-cap and 2.4% other as of 30 Sept 2026. The portfolio reported 88 holdings, with the ten largest accounting for 31.6% as of 30 Sept 2026.
Its trailing three-year annualised return was 14.4% versus a category median of 11.7%. Its trailing five-year annualised return was 13.9% versus a category median of 11.7%. Across 25 overlapping three-year windows, the weakest annualised result was 13.9% for the window beginning 3 Oct 2023; 100.0% of those overlapping windows ended positive. The deepest reported five-year drawdown was -19.1%. The Direct-plan expense ratio was 0.90% a year as of 31 Aug 2026. Its displayed SEBI Riskometer level was Very High Risk. These are historical, date-specific observations. They are not a rating, forecast or recommendation. Category comparisons use the category median over the same available period, while overlapping rolling windows are not independent probabilities.
Key facts
- SIP available
- Yes
- Launched
- 8 Jan 2010
- ISIN
- INF917K01HD4
₹100 invested, fund vs category
The category line is the average of the funds in this category, built from nyvo’s own NAV data.
Rebased to 100data to 29 Oct 2026Benchmark: NIFTY 500 Index
HSBC Value Fund
₹189
+89% on ₹100 over 5.0 yrs
Value Fund average
₹171
+71% on ₹100 over 5.0 yrs
Returns vs category
| Window | Fund | Category median | Gap |
|---|---|---|---|
| 3 months | -5.67% | -5.64% | -0.03 |
| 6 months | -4.98% | -3.67% | -1.31 |
| 1 year | -5.09% | -6.47% | +1.38 |
| 3 years (CAGR) | 14.40% | 11.72% | +2.68 |
| 5 years (CAGR) | 13.93% | 11.72% | +2.21 |
Category median across 21 funds, as of 29 Oct 2026. Short windows are noise; the 3 and 5-year rows are the record. Past returns do not predict future returns.
A single return number depends on its start date. These are ALL the overlapping holding periods, so the worst case is visible – read that number first.
1-year holding periods
- Worst
- -2.6%
- Median
- 11.8%
- Highest
- 62.8%
49 windows over the last 60 months, stepped monthly; 92% ended positive. Worst window began 1 Oct 2024. Windows overlap – this is the range of past start dates, not a probability of anything.
3-year holding periods (per year)
- Worst
- 13.9%
- Median
- 23.4%
- Highest
- 31.8%
25 windows over the last 60 months, stepped monthly; 100% ended positive. Worst window began 3 Oct 2023. Windows overlap – this is the range of past start dates, not a probability of anything.
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Risk, measured
- Sharpe ratio (3Y)
- 0.53
- Sharpe ratio (5Y)
- 0.61
- Sortino ratio (3Y)
- 0.80 vs category 0.48
- Standard deviation (3Y)
- 16.66%
- Beta (3Y)
- 1.02
- Alpha (3Y)
- 4.82%
- Deepest fall (5Y)
- -19.14%
Distance below its own peak
Every dip below 0 is the fund trading under a previous high – how deep and for how long is what a drawdown feels like.
Deepest fall
-19.1%
Right now
-8.2% below peak
Ahead of its benchmark in 69% of months (window: 3y, monthly) – benchmark: NIFTY 500 Index, name shown only.
Where the money actually is
Equity
98.1%
Cash
1.9%
Whole-portfolio split, as of 30 Sept 2026.
What it owns
88 positions · top 10 = 31.6%
Market-cap mix
Large 41.7%Mid 17.7%Small 38.3%Other 2.4%
as of 30 Sept 2026
Holdings by sector
Financial Services(6 in top 10)35.2%
- HDFC Bank Ltd5.07%
- ICICI Bank Ltd4.00%
- Karur Vysya Bank Ltd3.50%
- The Federal Bank Ltd3.15%
- State Bank of India3.01%
- PNB Housing Finance Ltd2.72%
- Consumer Cyclical18.0%
- Basic Materials12.2%
Industrials(1 in top 10)9.3%
- Finolex Cables Ltd2.97%
Consumer Defensive(1 in top 10)7.1%
- Balrampur Chini Mills Ltd2.33%
Energy(1 in top 10)4.2%
- Reliance Industries Ltd2.72%
- Technology3.6%
- Real Estate3.4%
Sectors marked ▶ expand to show this fund’s top-10 holdings in that sector. Holdings as of 30 Sept 2026. Portfolio turnover 29.6% vs category 48.1% a year.
Other top holdings
- Treps2.12%
The businesses it owns
- P/E (trailing)
- 18.4 vs category 20.2
- P/B
- 2.4 vs category 2.8
- Dividend yield
- 1.5% vs category 1.5%
- Net margin
- 19.6% vs category 17.3%
- Earnings growth
- 13.1%
- Avg market cap
- ₹83,510 crore
Money in, money out
- Net flow, 12 months
- +₹823 cr
- Net flow, 3 months
- +₹336 cr
as of 30 Sept 2026. Flows follow performance more than they predict it.
Quick answers
- What is the NAV of HSBC Value Fund?
- ₹119.88 per unit as of 30 Oct 2026 (Direct plan, growth). NAV is declared daily on working days.
- What is the expense ratio of HSBC Value Fund?
- 0.9% a year for the Direct plan, as of 31 Aug 2026.
- How large is HSBC Value Fund?
- ₹14,660 crore under management as of 30 Sept 2026, in the Value Fund category.
- How risky is HSBC Value Fund?
- Its SEBI Riskometer reading is "Very High Risk". Style bets: out-of-favour companies, steady payers, concentrated conviction.
- What are the 5-year returns of HSBC Value Fund?
- 13.93% a year over the last 5 years (Direct plan, CAGR), against a Value Fund category median of 11.72%. Past returns do not predict future returns.
- What is the worst 3-year return of HSBC Value Fund?
- 13.9% a year – the weakest of 25 overlapping 3-year holding periods, beginning 3 Oct 2023. The median was 23.4% and 100% of those windows ended positive. Windows overlap, so this is the range of past start dates, not a probability.
- Who manages HSBC Value Fund?
- Venugopal Manghat, managing this fund for 13.9 years.
Where this fund sits
Fund house
HSBC Mutual Fund funds →
Browse this AMC’s published funds, categories, assets and dated NAV links.
Its shelf, all funds
Vl · Value, dividend & focused →
Style bets: out-of-favour companies, steady payers, concentrated conviction.
The money map
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Other Value Fund funds
Data: nyvo research systems; each block above states its own as-of date, and blocks with no data for this fund are omitted rather than estimated. NAV updates daily on working days. The benchmark (NIFTY 500 Index) is named for reference only; its values are licensed and never shown. This page is factual information about one scheme. It is not investment advice, not a recommendation, and it carries no rating of any kind. Past performance does not predict future returns. Mutual fund investments are subject to market risks; read all scheme related documents carefully.