HSBC Value Fund | Tradinity

NAV history

Compare with NIFTY 500 TRI

When comparing, both lines start at 100. The fund's declared benchmark, a total-return index (dividends reinvested).

Returns as of 1 Oct 2026

Up to one year: absolute. Longer: annualised. Category = median of Value direct-plan Growth funds; index = NIFTY 500 TRI.

Period	This fund	Category median	NIFTY 500 TRI	Rank in category
1 month	-5.63%	-5.55%	-6.32%	—
3 months	-4.49%	-4.49%	-5.14%	—
6 months	+4.56%	+4.56%	+5.07%	—
1 year	+0.28%	-1.81%	-3.80%	#7 of 21 Top 34%
3 years	+14.04%	+11.19%	+9.14%	#6 of 20 Top 30%
5 years	—	+12.17%	+8.89%	—
10 years	—	+13.72%	+12.66%	—
Since launch of NAV data	+17.14%	—	—	—

NAV high and low

Window	High	Low
1 month	129.7301	122.4233
3 months	131.4116	122.4233
6 months	131.4116	116.8538
1 year	131.4116	114.1515

A period is a dash when the fund has not existed that long or its NAV history has a hole at the start date — never a partial figure.

Calendar-year returns

	2020	2021	2022	2023	2024	2025	YTD
This fund	—	—	—	+40.71%	+27.13%	+8.02%	-4.99%
Category median	+15.29%	+33.20%	+5.90%	+34.43%	+21.77%	+6.30%	-5.80%
NIFTY 500 TRI	+17.89%	+31.60%	+4.25%	+26.91%	+16.24%	+7.76%	-7.72%

The fund's declared benchmark, a total-return index (dividends reinvested).

Tradinity fund score

Twenty checks of five points each: performance, portfolio, operations, and risk against reward. Only checks we have data for are counted.

63/100

Good · based on 19 of 20 checks

Performance5/20

✗ Ranks in the top quarter of its category over 1 year
✗ Ranks in the top quarter of its category over 3 years
– Ranks in the top quarter of its category over 5 years
✗ Loses less than its reference index on the index's down days (downside capture 104%)
✓ Keeps pace with its reference index on the index's up days (upside capture 109%)

Portfolio25/25

✓ Largest holding is 10% of the fund or less (largest holding 4.5%)
✓ Top ten holdings are 50% of the fund or less (top ten 31.7%)
✓ Holds at least 20 stocks (86 holdings)
✓ No single sector is more than 35% of the fund (diversified equity categories) (largest sector Private Banks 17.7%)
✓ Portfolio P/E is at or below the category median (portfolio P/E 28.6)

Operations15/25

✗ Has a track record of at least 5 years (3.8 years of NAV history)
✗ Has a track record of at least 10 years
✓ Expense ratio is at or below the category median (expense ratio 0.89%)
✓ Fund size is above the category median (AUM Rs 3,052 crore)
✓ Lead manager has run the fund for 3 years or more (13.9 years)

Risk and reward15/25

✓ Sharpe ratio is at or above the category median
✓ Sortino ratio is at or above the category median
✗ Volatility is at or below the category median
✗ Worst 3-year fall is no deeper than the category median
✓ Jensen's alpha is positive (alpha 4.67%)

Risk and return ratios 3-year window

Risk-free rate 6.06% (3-year annualised return of the NSE 1-day (overnight) rate index). Benchmark-relative ratios use NIFTY 500 TRI. The fund's declared benchmark, a total-return index (dividends reinvested).

Ratio	This fund	Category median	Against category
Sharpe ratio	0.50	0.35	Better
Sortino ratio	0.66	0.47	Better
Standard deviation	16.10%	14.01%	Worse
Maximum drawdown	-19.61%	-17.93%	Worse
Beta	1.07	0.95	—
R-squared	92.1%	92.1%	—
Jensen's alpha	4.67%	1.78%	Better
Treynor ratio	7.44	5.16	Better
Information ratio	1.05	0.47	Better
Upside capture	109.0%	97.6%	Better
Downside capture	103.8%	92.4%	Worse

SIP returns (monthly instalments, XIRR)

1 year

-6.09%

3 years

+4.29%

5 years

—

What if you had invested?

Computed from this fund's actual NAVs. A SIP buys at the first NAV of each month and is valued at the latest NAV. Past returns do not guarantee future ones.

Portfolio as of 31 Jul 2026

Weights are % of the scheme's assets from the latest month-end disclosure available to Tradinity. Shown from the Direct plan of this fund, which holds the same portfolio. The feed carries weights only: no quantities or rupee values.

Holdings

86

Top 5 / top 10

19.0% / 31.7%

Largest holding

4.5%

Mapped to Tradinity companies

97%

Portfolio P/E

28.6

category median 31.7

Portfolio ROE

15.1%

category median 14.9%

Portfolio dividend yield

—

category median 1.59%

Largest sector

Private Banks 17.7%

Valuation ratios are weighted over the holdings we can match to a company (harmonic mean for P/E) and are withheld when they cover under half the portfolio.

Asset allocation

Equity	97.50%
Cash & Equivalents	2.50%

Sector allocation

Click a sector to filter the holdings below (holdings map to our sector list where the company is known).

Holdings

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Holding	Sector	Weight	3M change	P/E
HDFC Bank Limited	Financial Services	4.50%	0.77 pp	—
ICICI Bank Limited	Financial Services	4.25%	1.60 pp	—
Karur Vysya Bank Ltd	Financial Services	3.61%	0.49 pp	—
Federal Bank Ltd	Financial Services	3.48%	0.77 pp	—
State Bank of India	Financial Services	3.15%	-0.68 pp	—
NTPC Ltd	Power	2.99%	-0.47 pp	13.2
Reliance Industries Ltd	Oil, Gas & Consumable Fuels	2.93%	-0.30 pp	41.0
PNB Housing Finance Ltd	Financial Services	2.50%	-0.00 pp	—
Shriram Finance Limited	Financial Services	2.17%	-0.66 pp	—
Larsen and Toubro Ltd	Construction	2.15%	0.41 pp	71.3
Hero MotoCorp Ltd	Automobile and Auto Components	2.10%	0.67 pp	18.7
Tech Mahindra Limited	Information Technology	2.07%	0.21 pp	39.1
Finolex Cables Limited	Capital Goods	1.98%	0.05 pp	31.4
Angel One Ltd	Financial Services	1.95%	0.37 pp	—
Indian Bank	Financial Services	1.91%	-0.05 pp	—
Maruti Suzuki India Ltd	Automobile and Auto Components	1.61%	0.80 pp	26.8
Net Current Assets (including cash & bank balances)	—	1.44%	1.58 pp	—
Ramco Cements Ltd	Construction Materials	1.42%	-0.04 pp	31.3
Bharti Airtel Ltd	Telecommunication	1.37%	-0.20 pp	67.4
Jindal SAW Ltd	Capital Goods	1.36%	0.17 pp	33.4
Balrampur Chini Mills Ltd	Fast Moving Consumer Goods	1.35%	0.21 pp	39.1
Trent Ltd	Consumer Services	1.35%	0.41 pp	49.1
Jindal Steel Ltd	Metals & Mining	1.25%	-0.44 pp	45.5
Power Finance Corporation Ltd	Financial Services	1.22%	-0.08 pp	—
Jindal Stainless Ltd	Metals & Mining	1.21%	-0.06 pp	21.9
Power Mech Projects Ltd	Construction	1.21%	0.13 pp	22.9
Mahindra and Mahindra Financial Services Ltd	Financial Services	1.20%	1.20 pp	—
K.P.R. Mill Limited	Textiles	1.20%	0.46 pp	58.0
Multi Commodity Exchange of India Limited	Financial Services	1.19%	-0.94 pp	36.5
Punjab National Bank	Financial Services	1.19%	-0.47 pp	—
Pearl Global Industries Ltd	Textiles	1.19%	0.30 pp	106.6
Axis Bank Limited	Financial Services	1.16%	-0.05 pp	—
Hindustan Unilever Ltd	Fast Moving Consumer Goods	1.14%	-0.09 pp	40.7
Sun Pharmaceutical Industries Ltd	Healthcare	1.13%	0.10 pp	146.5
Welspun Living Ltd	Textiles	1.13%	0.19 pp	67.1
Thangamayil Jewellery Ltd	Consumer Durables	1.12%	0.27 pp	40.2
GE Vernova T&D India Ltd	Capital Goods	1.12%	-0.88 pp	82.4
Hindustan Petroleum Corp Ltd	Oil, Gas & Consumable Fuels	1.08%	0.03 pp	58.3
Coromandel International Ltd	Chemicals	1.07%	-0.23 pp	27.6
CCL Products (India) Ltd	Fast Moving Consumer Goods	1.06%	0.01 pp	48.8
Treps	—	1.06%	-1.29 pp	—
Vardhman Textiles Ltd	Textiles	1.06%	0.19 pp	18.8
Can Fin Homes Ltd	Financial Services	1.02%	-0.06 pp	—
Sobha Ltd	Realty	0.97%	-0.05 pp	41.7
Mahindra and Mahindra Ltd	Automobile and Auto Components	0.96%	0.32 pp	22.3
Paradeep Phosphates Ltd	Chemicals	0.94%	0.11 pp	14.9
Infosys Limited	Information Technology	0.94%	-1.13 pp	13.4
Page Industries Limited	Textiles	0.93%	0.37 pp	53.7
Oberoi Realty Limited	Realty	0.90%	0.07 pp	29.6
Canara Bank Ltd	Financial Services	0.88%	-0.07 pp	—
Godfrey Phillips India Ltd	Fast Moving Consumer Goods	0.86%	-0.05 pp	22.4
Siemens Ltd	Capital Goods	0.85%	-0.02 pp	107.1
Ratnamani Metals and Tubes Ltd	Capital Goods	0.84%	-0.11 pp	55.7
United Spirits Limited	Fast Moving Consumer Goods	0.81%	0.57 pp	50.2
Hindalco Industries Ltd	Metals & Mining	0.74%	-1.15 pp	16.1
Kotak Mahindra Bank Limited	Financial Services	0.74%	0.01 pp	—
Time Technoplast Ltd	Capital Goods	0.72%	0.05 pp	37.8
Housing and Urban Development Corporation Ltd	Financial Services	0.68%	-0.10 pp	13.5
Birla Corporation Ltd	Construction Materials	0.64%	-0.02 pp	30.4
Aditya Birla Real Estate Ltd	Realty	0.64%	-0.15 pp	94.5
PNC Infratech Ltd	Construction	0.61%	0.08 pp	6.4
Globus Spirits Ltd	Fast Moving Consumer Goods	0.58%	-0.15 pp	21.9
Jubilant Foodworks Ltd	Consumer Services	0.55%	-0.06 pp	123.4
KEC International Ltd	Construction	0.54%	-0.22 pp	25.6
HCL Technologies Ltd	Information Technology	0.52%	0.05 pp	28.3
Oil India Ltd	Oil, Gas & Consumable Fuels	0.51%	-0.88 pp	11.2
Indo Count Industries Ltd	Textiles	0.50%	0.50 pp	53.3
Tata Motors Ltd	Capital Goods	0.49%	0.49 pp	44.7
ITC Ltd	Fast Moving Consumer Goods	0.48%	0.48 pp	17.4
Brigade Enterprises Limited	Realty	0.47%	-0.01 pp	45.1
JK Paper Ltd	Forest Materials	0.44%	0.03 pp	26.5
National Aluminium Co Ltd	Metals & Mining	0.44%	-1.20 pp	9.3
Sapphire Foods India Ltd	Consumer Services	0.42%	-0.05 pp	—
Senores Pharmaceuticals Ltd	Healthcare	0.41%	0.13 pp	254.7
Eris Lifesciences Ltd	Healthcare	0.40%	0.40 pp	84.7
Bayer Cropscience Ltd	Chemicals	0.39%	-0.05 pp	22.3
Epigral Ltd	Chemicals	0.36%	-0.04 pp	16.1
Wipro Limited	Information Technology	0.33%	-0.30 pp	14.7
V I P Industries Ltd	Consumer Durables	0.31%	0.00 pp	—
Bharat Bijlee Ltd	Capital Goods	0.29%	0.04 pp	21.2
Varun Beverages Limited	Fast Moving Consumer Goods	0.27%	-0.96 pp	49.5
KNR Constructions Ltd	Construction	0.26%	-0.01 pp	9.6
HDB Financial Services Limited	Financial Services	0.25%	0.01 pp	—
Nippon Life India Asset Management Ltd	Financial Services	0.20%	-0.20 pp	—
JK Lakshmi Cement Limited	Construction Materials	0.18%	-0.03 pp	15.9
Somany Ceramics Ltd	Consumer Durables	0.12%	0.01 pp	21.6

Fund details

Fund houseHSBC Mutual Fund

AMFI scheme code151113

CategoryEquity › Value

AMFI categoryOpen Ended Schemes(Equity Schemes - Value Fund)

Plan / optionDirect / Growth

ISININF917K01HD4

NAV history from28 Nov 2022

NAV points on record946

Cost and size

Expense ratio (direct, Sep 2026)

0.89%

category median 1.27%

Assets under management

₹3,052 crore

average, June-2026

Regular plan expense ratio

1.85%

Expense ratio by month: Oct 25 0.76% · Nov 25 0.76% · Dec 25 0.74% · Jan 26 0.74% · Feb 26 0.74% · Mar 26 0.70% · Apr 26 0.74% · May 26 0.94% · Jun 26 0.89% · Jul 26 0.91% · Aug 26 0.90% · Sep 26 0.89%

From the scheme information document

Benchmark: Nifty 500 TRI
SEBI riskometer: Very High
Launch (allotment) date: 8 Jan 2010
Registrar: Computer Age Management Services Limited
Minimum investment: 5000
Minimum additional: 1000
SIP: SIP - 500 Daily 6; 500 Weekly 6; 500 Monthly 6; 1500 Quarterly 4 ; Minimum Aggregate Amount: Rs. 6,000/- in multiples of Re.1.SWP - 500 STP - 500;The minimum a…
Fund manager(s): Venugopal Manghat, Mayank Chaturvedi, Dipan S. Parikh
earliest start on record 24 Nov 2012

Exit load

If the units redeemed or switched out are upto 10% of the units purchased or switched in (“the limit”) within 1 year from the date of allotment – Nil. If units redeemed or switched out are over and above; the limit within 1 year from the date of allotment – 1%. If units are redeemed or switched out on or after 1 year from the date of allotment – Nil.

Objective

The investment objective of the Scheme is to generate long-term capital appreciation from a diversified portfolio of predominantly equity and equity related securities, in the Indian markets with higher focus on undervalued securities. The Scheme could also additionally invest in Foreign Securities in international markets.

Scheme information document

Fund house: website · factsheets · monthly portfolio · annual report

Not available: Morningstar rating (proprietary). "NAV history from" is the first NAV we hold.

Other plans of this fund

Direct · IDCW₹60.5837
Regular · Growth₹108.4083
Regular · IDCW₹46.9812