Index

How to read Factsheet 03 HSBC Brazil Fund 33

CEO Speak 04 HSBC Managed Solutions India – Growth 34

Commentary 05 HSBC Managed Solutions India – Moderate 34

Fund Positioning 10 HSBC Managed Solutions India – Conservative 34

HSBC Large Cap Fund 11 HSBC Overnight Fund 35

HSBC Large & Mid Cap Fund 12 HSBC Liquid Fund 36

HSBC Midcap Fund 13 HSBC Money Market Fund 37

HSBC Flexi Cap Fund 14 HSBC Low Duration Fund 38

HSBC Multi Cap Fund 15 HSBC Ultra Short Duration Fund 39

HSBC Small Cap Fund 16 HSBC Short Duration Fund 40

HSBC Focused Fund 17 HSBC Medium Duration Fund 41

HSBC Infrastructure Fund 18 HSBC Medium to Long Duration Fund 42

HSBC Value Fund 19 HSBC Dynamic Bond Fund 43

HSBC Business Cycles Fund 20 HSBC Corporate Bond Fund 44

HSBC Consumption Fund 21 HSBC Banking and PSU Debt Fund 45

HSBC India Export Opportunities Fund 22 HSBC Credit Risk Fund 46

HSBC Nifty 50 Index Fund 23 HSBC Gilt Fund 47

HSBC Nifty Next 50 Index Fund 24 HSBC Conservative Hybrid Fund 48

HSBC ELSS Tax saver Fund 25 HSBC CRISIL IBX 50-50 Gilt Plus SDL Apr 2028
49
Index Fund
HSBC Tax Saver Equity Fund 26
HSBC CRISIL IBX Gilt June 2027 Index Fund 50
HSBC Aggressive Hybrid Fund 27
Fund Snapshot 51
HSBC Multi Asset Allocation Fund 28
SIP Performance 56
HSBC Balanced Advantage Fund 29
Comparative Performance of Equity Schemes 66
HSBC Equity Savings Fund 30
Comparative Performance of Debt Schemes 73
HSBC Arbitrage Fund 31
IDCW 77
HSBC Global Emerging Markets Fund 32
Minimum Application Amount (SIP) 78
HSBC Global Equity Climate Change Fund of Fund 32
Product Labelling 79
HSBC Asia Pacific (Ex Japan) Dividend Yield Fund 33
Disclaimer 83
How to read
Factsheet

Application This is the minimum investment amount for a new Modified Modified duration is the price sensitivity and the
Amount for investor in a mutual fund scheme, Duration percentage change in price for a unit change in yield.
Fresh
Subscription
NAV The NAV or the Net Asset Value is the total asset value
AUM AUM or Assets Under Management refers to the recent per unit of the mutual fund after deducting all related and
updated cumulative market value of investments permissible expenses. The NAV is calculated at the end of
managed by a mutual fund or any investment firm. every business day. It is the value at which the investor
enters or exits the mutual fund.

Benchmark A group of securities, usually a market index, whose

performance is used as a standard or benchmark to Nature of The investment objective and underlying investments
measure invesment performance of mutual funds, among Scheme determine the nature of the mutual fund scheme. For
other investments. Some typical benchmarks include the instance, a mutual fund that aims at generating capital
Nifty, Sensex, BSE200, BSE500, 10-Year Gsec. appreciation by investing in stock markets is an equity
fund or growth fund. Likewise, a mutual fund that aims at
capital preservation by investing in debt markets is a debt
fund or income fund. Each of these categories may have
Beta Beta is an measure of an investment’s volatility vis-a-vis sub-categories.
the market. Beta of less than 1 means that the security
will be less volatile than the market. A beta of greater
than 1 implies that the security’s price will be more Rating Mutual funds invest in securities after evaluating their
volatile than the market. Profile creditworthiness as disclosed by the ratings. A depiction
of the mutual fund in various investments based on their
ratings becomes the rating profile of the fund.Typically,
Exit Load Exit load is charged at the time an investor redeems the this is a feature of debt funds.
units of a mutual fund. The exit load is deducted from the
prevailing NAV at the time of redemption. For instance, if Sharpe The Sharpe ratio, named after its founder, the Nobel
the NAV is `100 and the exit load is 1%, the redemption Laureate William Sharpe, is a measure of risk-adjusted
Ratio
price would be `99 per unit. returns. It is calculated using standard deviation and
excess return to determine reward per unit of risk.
Entry Load A mutual fund may have a sales charge or load at the
time of entry and/or exit to compensate the SIP or Systematic Investment Plan works on the principle
SIP
distributor/agent. Entry load is charged at the time an of making periodic investments of a fixed sum. It works
investor purchases the units of a mutual fund. The entry similar to a recurring bank deposit. For instance, an
load is added to the prevailing NAV at the time of investormay opt for an SIPthat invests `500 every 15 of
investment. For instance, if the NAV is `100 and the entry the month in an equity fund for a period of three years.
load is 1%, the investor will enter the fund at `101.

Standard Standard Deviation is a statistical measure of the range of

Deviation an investment’s performance. When a mutual fund has a
Note SEBI, vide circular dated June 30, 2009 has abolished high Standard Deviation, it means its range of
entry load and mandated that the upfront commission to performance is wide, implying greater volatility.
distributors will be paid by the investor directly to the
distributor, based on his assessment of various factors
including the services rendered by the distributor. Yield to The Yield to Maturity or the YTM is the rate of return
Maturity anticipated on a bond if held until maturity.YTM is
expressed as an annual rate. The YTM factors in the
bond’s current market price, par value, coupon interest
Fund An employee of the asset management company such as rate and time to maturity.
Manager a mutual fund or life insurer, who manages investments
of the scheme. He is usually part of a larger team of fund
managers and research analysts. Tracking Tracking Difference is the annualized difference of daily
Difference returns between the index and the NAV of the Index
Holdings Fund.
The holdings or the portfolio is a mutual fund’s latest or
updated reported statement of investments/ securities.
These are usually displayed in terms of percentage to net
assets or the rupee value or both. The objective is to give
investors an idea of where their money is being invested
by the fund manager.

Minimum
This is the minimum investment amount for an existing
Additional
investor in a mutual fund scheme.
Amount

03
CEO speak

The Long Game

We have witnessed global events like geopolitical uncertainties, elections, trade tensions, pandemic - affect markets across the globe in the recent
past. These kinds of uncertainties remain to be a part of the global landscape, while our collective hope is peace and stability. It is natural for many
investors to worry during such times of volatility but one must also be cognizant of the fact that now they have several historical data points to refer
to when the markets have bounced back after a trough and rewarded investors who remained patient and did not exit during a sudden downturn.
We must also keep in mind that our domestic economy has also shown remarkable resilience through several challenging times. Most of our
domestic macro-economic indicators continue to be on track of growth.
Here are 3 points that explains why investing in equity and through mutual funds is a Long Game- that is staying invested for a long term.
1. Volatility is temporary, but your goals are long term
When your financial goals are saving for retirement or children’s education, your investment time horizon is often meant to be for years and even
decades in the future. Hence reacting to short term volatility and panic withdrawals will only hamper your goal of wealth creation in the long term.
History has shown that markets recover and often exceed previous highs over time. This makes staying invested crucial for achieving long-term
financial goals, rather than focusing on short-term market dips.
2. Diversification – helps in long term
By maintaining a diversified portfolio, investors can reduce the impact of volatility and mitigate risk. Balanced funds, Large cap equity funds, flexi
funds , mid cap, small cap and other asset classes are all meant to function on different investment and fund management objectives. Regular
review of your portfolio and realignment as per your risk appetite towards a diversified portfolio helps investors in long term returns.
3. Power of SIPs – for long term wealth creation
The beauty of SIPs lies in the concept of rupee-cost averaging—when markets are down, investors buy more units for the same amount of money,
and when markets rise, the value of the accumulated units increases.
By continuing SIPs during periods of market volatility, investors can potentially average out the cost of their investments and benefit from long-term
growth. SIPs eliminate the need for timing the market and takes advantage of the ‘time spent in the market” that helps you in your long term wealth
creation. Whether the market is up or down, sticking to your SIP ensures disciplined investing.
In the face of market volatility, the best course sometimes is to do nothing at all. Stay invested, continue with your SIPs and do not get into any
investment decisions that is driven by emotions or panic. Trusting the resilience in the markets to recover.
As we turn our page into the festive season, patience, discipline, and a commitment to long-term investing principles will be your greatest allies
in the journey of wealth creation.

https://www.youtube.com/watch?v=5P7qo8_y46I
Happy Festivities!
https://www.youtube.com/watch?v=xkoRZHGrw-I
https://www.youtube.com/watch?v=xZfgJYjKHuE

Source: HSBC Mutual Fund, Data as on 30 Sep 2024.

Kailash Kulkarni

04
Equity Markets
September 2024

Equity Market Indices

Domestic Last 1 Month CYTD 2024 • Indian equity indices saw another good up move in
Indices Close (Change) (Change) September 2024. BSE Sensex and NSE Nifty both moved
BSE Sensex TR 130491 2.3% 17.9% up 2.3%.
Nifty 50 TR 38315 2.3% 20.0% • Broader market also remained strong with the BSE Small
BSE 200 TR 15209 2.1% 24.9% Cap index up 2.1% and the NSE Mid Cap index rising 1.8%
BSE 500 TR 48589 2.1% 25.6% during the month.

NSE Midcap TR 28192 1.8% 31.3% • Metals were the top performing sector in September
BSE Smallcap TR 70646 2.1% 34.6% followed by Power. Realty, Autos, FMCG, Banks and
Healthcare also outperformed the NSE Nifty index. Capital
NSE Large &
Goods, IT and Oil & Gas delivered negative returns for the
Midcap 250 TR 21725 2.1% 27.6% month.
BSE India Infrastructure
Index TR 1003 -3.1% 50.9% Global market update

MSCI India USD 1148 2.1% 24.6% • MSCI World index also moved up another 1.7% in
MSCI India INR 3121 2.0% 25.5% September. It was driven by a 2.0% gain in the US (S&P
500) while MSCI Europe was flattish at 0.3% and MSCI
INR - USD 83.8 -0.1% 0.7%
Japan lost 1.3%. MSCI EM was up 6.4% supported by a
Crude Oil 72 -8.9% -6.8% whopping 23.6% gain in MSCI China. Crude oil price
declined 9% MoM in September.

Global Market Indices

• FII flows into Indian equities surged with an inflow of
Last 1 Month CYTD 24
US$5.9 bn in September vs US$1.4 bn in August. DIIs Indices Close (Change) (Change)
invested a steady US$3.8 bn with MFs investing
US$3.9 bn during the month. International (in USD)
• S&P retained India’s FY25 GDP growth forecast of MSCI World 3,723 1.7% 17.5%
6.8%.
Dow Jones 42,330 1.8% 12.3%
• CPI increased to 3.7% in August from 3.5% (YoY) in S&P 500 5,762 2.0% 20.8%
July due to higher food price inflation. Core-core
MSCI EM 1,171 6.4% 14.4%
inflation (i.e. core inflation ex petrol and diesel)
remained low at 3.5% (YoY) in August similar to 3.6% MSCI Europe 2,226 0.3% 10.2%
(YoY) in July. MSCI UK 1,314 0.1% 11.7%
• Industrial production growth (IIP) remains flattish at MSCI Japan 4,083 -1.3% 10.4%
4.8% (YoY) in July versus 4.7% in June. MSCI China 70 23.6% 26.1%
• Gross GST revenue collection slowed to Rs 1.73 tn in MSCI Brazil 1,489 -1.0% -17.3%
September 2024, up only 6.5% (YoY).
• Other key developments during the month – US Federal reserve cut rate by 50 bps and highlighted potential for another 50 bps
rate by end of CY24. Chinese government announced several stimulus measures to boost economic growth.

05
Valuations
While consensus earnings estimate for FY25/26 were revised down slightly in Sep. Nifty therefore now trades on 22.4x 1 year
forward PE more than 20% above its 10-year average and 15% above its 5-year average. Valuations in Mid Cap and Small Cap space
are much more elevated.

Macro View
In our view, global macro environment remains challenging with heightened geo-political and economic uncertainties. US Fed rate
cut and Chinese government stimulus measures would be positive for the global economy. For India, growth has remained strong
with GDP growth of 6.7% (YoY) in Q1FY25 despite slowdown in government spending due to elections. The government has
maintained policy continuity in the Union Budget. Infra thrust of the government along with reduction in fiscal deficit could be
supportive for domestic growth and capex cycle. Strong monsoon augurs well for rural demand and overall consumption growth in
the economy in FY25.

Outlook
India’s growth momentum and outlook remains strong. Increased government focus on employment generation and skill
development is likely to lead to further policy support for manufacturing. We expect India’s investment cycle to be on a medium term
uptrend supported by rising government investment in infrastructure and recovery in real estate cycle. We also expect higher private
investments in renewable energy and related supply chain, localization of higher-end technology components, and India becoming a
more meaningful part of global supply chains to support faster growth. However, in our view several of these positives are getting
discounted by the high valuations currently prevailing in the equity market. While we remain constructive on Indian equities
supported by the more robust medium term growth outlook we would caution against high return expectations.

Key drivers for future

On the headwinds, we have

• Moderating global growth due to higher interest rates is • Recovery in real estate cycle: Real Estate remains another
likely to weigh on demand going forward. strong medium term growth driver having weathered the
impact of higher interest rates. Demand trends in top metro
• Global commodity prices: Decline in crude oil and fertilizers
cities remain strong and inventory levels have declined.
has been a positive for India from inflation, fiscal deficit and
corporate margins perspective in FY24. However, any • Recovery in private capex: Industry capacity utilization
significant increase would be a headwind. based on RBI survey data is at a reasonably high level and
indicates potential for increase in private capex going
• Other factors / risks: High fiscal deficit and weak monsoon.
forward. Also, continued expansion of the Production Linked
We see the following positives for the Indian market: Incentive (PLI) scheme is likely to further increase private
investments in targeted sectors. We also expect higher
• Government infrastructure spending: Strong government private capex in renewable energy.
thrust on infrastructure spending is clearly supporting the
economy and has been one of the big positive contributors
to FY24 GDP growth.

Past performance is not an indicator of future returns

Note: Returns mentioned in the report are the Total Return or TR variants of the respective domestic indices. USD return for global indices. Views provided above are
based on information in public domain and subject to change. Investors are requested to consult their financial advisor for any investment decisions.
Source: Bloomberg, MOSL & HSBC MF estimates as on September 2024 end or as latest available

06
DEBT MARKETS
September 2024

FOMC kicks off in the power play

The FOMC commenced its rate easing cycle by reducing policy rates by 50 bps on September 18, 2024, instead of broad market
expectations of a 25 bps cut. The Dot plot suggests another 50 bps of easing in 2024, 100 bps in 2025 and another 50 bps in 2026,
taking the terminal rate to below 3%. The Fed Chair acknowledged that significant progress has been made on easing inflationary
pressures and the Fed has greater confidence in inflation moving towards the target of 2%. What possibly could have tilted the
FOMC towards 50 bps of easing is the weakening in labour market data. The Dot plot suggests that median expectations of
unemployment rate in the US have increased from the June estimates, with unemployment rate expected to remain at 4.4% in 2024
and 2025 and cool down to 4.2% by 2027. While the Fed Chair indicated that the FOMC will remain data dependent and they will
not follow any preset course, he also hinted that in the event of unexpected weakening in labour market data or unanticipated fall in
inflation, the FOMC will remain alert to act, thereby increasing the possibility of 50 bps cuts in the future as well.

The ECB also eased policy rates by cutting their deposit rates by 25 bps while BOJ and BOE kept rates unchanged. The BOE will
keep an eye on the upcoming inflation prints and make a full assessment of the market developments in the November policy.
Meanwhile China has announced a slew of monetary and fiscal measures to address the weakness in economic activity in the
country. Inflation prints in major economies continue on an easing trajectory with the recent CPI prints in the US, UK and Eurozone
at 2.5%, 2.2% and 1.8% respectively, along with the recent US PCE print at 2.2%. Crude prices remained benign, trading in the USD
70-77/bbl band during the month.

With risks of global slowdown having escalated and with the Fed commencing its rate easing cycle by 50 bps, we continue to
believe that the RBI is unlikely to remain immune from rate actions by global Central Banks, thereby implying that the possibility of
rate easing by 75-100 bps in India has meaningfully increased.

Impact of geo-political tensions in the Middle East

Geo-political tensions in the Middle East have increased recently which pose a risk to Crude prices. Such events typically trigger a
risk-off sentiment and a flight to safety, resulting in weakening in emerging market currencies and possible FPI outflows. While
further escalation in the Middle East will remain a key monitorable going forward, India is better placed compared to most other
emerging market economies to tackle this situation based on the following factors:

• Rupee continues to remain among the least volatile currencies, with RBI being pro-active to address any sharp movement in
currency on either side

• Crude prices have been softening over the last few months with visible slowness in economic activity globally. While sharp rise
in Crude prices cannot be ruled out due to geo-political risks and remains a key risk, the inherent trajectory of Crude prices
based on the macro factors remains one of weakening. The baseline assumption in RBI’s domestic inflation projections have
been built considering average Crude price at USD 85/bbl (as per Monetary Policy Report, April 2024), hence there is still some
cushion before it starts impacting inflation meaningfully

• RBI has continued to build-up on FX reserves (USD 692 bn, as of September 20, 2024) which allows RBI to intervene to keep
Rupee stable and provide comfort to markets in case of any Dollar outflows

• Index related FPI inflows continue to track a run rate of USD 2-3 bn every month given the 1% incremental index weight to be
added through IGB purchases

• G-Sec supply-demand dynamics continue to remain favourable. The AUM growth of EPFO, insurance companies and pension
funds remain strong, resulting in demand for longer maturity G-Sec. Also, the proposed changes in the LCR norms for Banks
may create further demand for short to mid maturity G-Sec

07
India may continue to be a favoured destination for FPIs
JP Morgan GBI-EM index inclusion continues to keep FPI demand for IGBs at a steady USD 2-3 bn per month, with total FPI buying
since the index announcement in September 2023 at ~USD 18 bn so far and another ~USD 15 bn of index flows projected to come
over the next 6 months. India’s bond and currency markets continue to exhibit relatively low volatility versus other asset classes and
peers.

C urrenc y V olatility
16%

11%

6%

1%

EUR JPY GBP AUD CAD BRL CNY INR

-4%

5 year 3 year 1 year

Source: Bloomberg data as on Sep 30, 2024; HSBC MF research

Domestic macro-economic factors and data points

• Inflation prints have softened over the last couple of readings partly due to cooling-off in vegetable prices and due to a
favourable base effect. A normal monsoon along with higher kharif acreage for certain food items augers well for food inflation
outlook, however, some pick up in vegetable prices has been seen recently, which will remain a monitorable. Broad market
expectations are for headline inflation for Q2 FY2025 to undershoot RBI’s estimates. Core inflation continues to remain benign in
spite of rise in telecom tariffs

• CAD for Q1 FY2025 came in at USD 9.7 bn (1.1% of GDP) due to widening of merchandise trade deficit. CAD for FY2025 is
estimated to be around 1%

• GST collections continue to remain strong at INR 1.73 trn while PMI numbers also remain robust

• India’s external debt remained broadly steady at USD 682.3 bn (as of Jun 2024), with external debt to GDP at 18.8%

Inflation trajectory vs Targeted mandate

12

10

0
Aug-16

Aug-17

Aug-18

Aug-19

Aug-20

Aug-21

Aug-22

Aug-23

Aug-24
Feb-17

Feb-18

Feb-19

Feb-20

Feb-21

Feb-22

Feb-23

Feb-24

CPI Inflation (YOY) Upper Band

Lower Band CPI mandate (4%)

Source: Bloomberg data as on Sep 30, 2024; HSBC MF research

08
Borrowing calendar in line with broad market expectations

RBI announced the G-Sec borrowing calendar for H2 FY2025. Gross borrowing for H2 FY2025 was announced at INR 6.61 trn (in line
with the budgeted gross borrowing number for FY2025). While a section of the market was disappointed as they were expecting a
cut in the second half borrowing due to improved tax collections, any reduction in borrowing should not be ruled out. GOI can still
reduce borrowing towards the end of the financial year after having more clarity on tax collections and evolving market conditions
over the next few months. Gross borrowing through SDL and T-Bill for Q3 FY2025 were announce at INR 3.2 trn and INR 2.47 trn,
respectively.

Liquidity may continue to remain comfortable

Liquidity remained positive for most of the month of September. Post GST outflow, liquidity had turned marginally negative but
reversed due to Government spending. The net durable liquidity stood at INR 4.3 trn (as of Sep 06, 2024). We believe accelerated
Government spending will continue over the next few months keeping liquidity buoyant. Additionally, there is G-Sec maturity of
around INR 1.5 trn in Nov 2024, which will absorb any reduction in system liquidity due to drag because of seasonal CIC impact.

Market movement

During the month, T-Bill rates fell by around 10-15 bps, while CD levels eased by 3-10 bps. OIS levels also moved lower by 5-10 bps.
G-Sec yields closed lower by 8-13 bps across the curve. Short end corporate bonds were lower by only 5 bps, while the 3-10 year
segment moved lower by 10-15 bps.

Present Market Outlook

While Government bond yields have rallied by about 25-30 bps over past few months, we believe there is further space for yields to
still move lower and resultantly, we maintain our positive outlook on interest rates and a long duration bias across our portfolios.
While swap markets are pricing in about 75 bps of rate cuts, the underlying G-Sec curve is still not pricing any significant rate easing.
As and when the underlying curve starts pricing in policy easing, it may create room for yields to fall further.

Given the recent developments with the Fed easing rates by 50 bps, inflation expectations aligning with the target, expectations of
weakening in labour market data along with risks of slowdown, we believe the RBI may be mindful of these developments and is
unlikely to remain immune from US Fed actions, implying that possibility of rate easing by 75-100 bps has meaningfully increased.

Present Fund Strategies

• HSBC Short Duration Fund and HSBC Corporate Bond Fund may be considered for investment with a medium-term horizon and
slightly higher appetite for interest rate risk. These funds are primarily invested in the 2-6 year part of the curve. Liquidity easing
and pricing of rate cuts along with implementation of revised LCR norms could result in (a) softening of yields in this segment,
(b) steepening of the yield curve and (c) compression in spreads of Corporate bonds. Both these funds are appropriately
positioned and may benefit from these developments.

• HSBC Banking and PSU Debt Fund is predominantly invested in assets maturing in the 1.5-2 year segment. With liquidity easing
through this quarter and expectations of rate cuts getting priced in, the fund may benefit from market expectations of softening
in short end yields along with compression in spreads of Corporate bonds.

• HSBC Gilt Fund is primarily invested in the 10 years and 10+ years part of the curve. The duration of the fund is actively
managed. With index inflows continuing in IGBs and steady growth of long only investor segment, the demand supply dynamics
remain favorable. Hence, HSBC Gilt Fund is positioned with an aim to provide an opportunity to generate alpha over medium to
long term for investors looking to play the duration theme.

Abbreviations:
FOMC: Federal Open Market Committee G-Sec: Government Securities FPI: Foreign Portfolio Investment
ECB: European Central Bank AUM: Assets Under Management IGB: Indian Government Bond
BOE: Bank of England EPFO: Employees’ Provident Fund Organisation CPI: Consumer Price Index
BOJ: Bank of Japan LCR: Liquidity Coverage Ratio CIC: Currency in Circulation
GDP: Gross Domestic Product HQLA: High Quality Liquid Assets

Past performance is not an indicator of future returns.

Source: Bloomberg & HSBC MF Research estimates as on September 30, 2024 or as latest available
This document provides a high level overview of the recent economic environment. It is for marketing purposes and does not constitute investment research,
investment advice or a recommendation to any reader of this content to buy or sell investments. It has not been prepared in accordance with legal requirements
designed to promote the independence of investment research and is not subject to any prohibition on dealing ahead of its dissemination.
09
Product Suite
Equity Funds
Category Scheme Name Category Scheme Name
Large Cap Fund HSBC Large Cap Fund Thematic Fund HSBC India Export Opportunities
Large and Mid Cap Fund HSBC Large & Mid Cap Fund Fund

Mid Cap Fund HSBC Midcap Fund Thematic Fund HSBC Business Cycles Fund

Flexi Cap Fund HSBC Flexi Cap Fund Index Fund HSBC Nifty 50 Index Fund

Small Cap Fund HSBC Small Cap Fund Index Fund HSBC Nifty Next 50 Index Fund

Thematic - Infrastructure HSBC Infrastructure Fund ELSS Fund HSBC ELSS Tax saver Fund
Fund ELSS Fund HSBC Tax Saver Equity Fund
Focused Fund HSBC Focused Fund Value Fund HSBC Value Fund
Thematic Fund HSBC Consumption Fund Multi Cap Fund HSBC Multi Cap Fund

Debt Funds
Category Scheme Name Category Scheme Name
Overnight Fund HSBC Overnight Fund Corporate Bond Fund HSBC Corporate Bond Fund
Liquid Fund HSBC Liquid Fund Banking and PSU Fund HSBC Banking and PSU
Money Market Fund HSBC Money Market Fund Debt Fund

Low Duration Fund HSBC Low Duration Fund Credit Risk Fund HSBC Credit Risk Fund

Ultra Short Duration HSBC Ultra Short Duration Fund Gilt Fund HSBC Gilt Fund
Fund Index Fund HSBC CRISIL IBX 50-50 Gilt
Short Duration Fund HSBC Short Duration Fund Plus SDL Apr 2028 Index Fund

Medium Duration Fund HSBC Medium Duration Fund Index Fund HSBC CRISIL IBX Gilt June
2027 Index Fund
Medium to Long HSBC Medium to
Duration Fund Long Duration Fund
Dynamic Bond Fund HSBC Dynamic Bond Fund

Hybrid Funds
Category Scheme Name Category Scheme Name
Aggressive Hybrid Fund HSBC Aggressive Hybrid Fund Equity Savings Fund HSBC Equity Savings Fund
Multi Asset Allocation HSBC Multi Asset Allocation Arbitrage Fund HSBC Arbitrage Fund
Fund Conservative Hybrid HSBC Conservative
Balanced Advantage Fund HSBC Balanced Advantage Fund Hybrid Fund
Fund

Other Funds
Category Scheme Name Category Scheme Name
FoF - Domestic HSBC Managed Solutions FoF - Overseas - HSBC Global Equity Climate
India - Moderate Climate Change Change Fund of Fund
FoF - Domestic HSBC Managed Solutions FoF - Overseas - HSBC Asia Pacific (Ex Japan)
India - Conservative AsiaPac (Ex Japan) Dividend Yield Fund
FoF - Domestic HSBC Managed Solutions FoF - Overseas - HSBC Global Emerging
India - Growth Emerging Markets Markets Fund
FoF - Overseas - Brazil HSBC Brazil Fund

10
 HSBC Large Cap Fund
Large Cap Fund - An open ended equity scheme predominantly investing in large cap stocks.
Investment Objective: To generate long-term capital growth from an actively managed portfolio of equity and equity related securities of
predominantly large cap companies. However, there can be no assurance or guarantee that the investment objective of the scheme would
be achieved.

Fund Details % to Net Industry Allocation

Issuer Industry/Rating
Assets
Date of Allotment 10-Dec-02
EQUITY 98.63% Banks 16.77%
Benchmark Nifty 100 TRI6 HDFC Bank Limited Banks 8.07% IT - Software 10.04%
NAV (as on 30.09.24) ICICI Bank Limited Banks 7.49%
Finance 9.45%
Infosys Limited IT - Software 5.52%
Growth ₹ 500.5354 Larsen & Toubro Limited Construction 5.41% Pharmaceuticals & Biotechnology 5.78%
Direct Growth ₹ 551.7997 Reliance Industries Limited Petroleum Products 5.07% Construction 5.41%
AUM (as on 30.09.24) ₹ 2,039.13 Cr. Multi Commodity Exchange
Capital Markets 3.47% Petroleum Products
of India Limited 5.07%
AAUM (for the month Bharti Airtel Limited Telecom - Services 3.14%
₹ 2024.89 Cr. Realty 4.88%
of Sep) DLF Limited Realty 3.07%
Retailing 4.54%
Fund Manager & Experience NTPC Limited Power 3.04%
Hindustan Unilever Limited Diversified FMCG 2.90% Aerospace & Defense 3.73%
Neelotpal Sahai (Equity)
UltraTech Cement Limited Cement & Cement Products 2.89%
Capital Markets
Total Experience 30 Years Zomato Limited Retailing 2.68%
3.47%

Managing this fund Since May 27, 2013 Shriram Finance Limited Finance 2.63% Telecom - Services 3.14%

Gautam Bhupal (Equity) Tech Mahindra Limited IT - Software 2.32% Power 3.04%
Total Experience 20 Years HCL Technologies Limited IT - Software 2.20%
Diversified FMCG 2.90%
Managing this fund Since June 01, 2023 Bharat Electronics Limited Aerospace & Defense 2.10%
Agricultural Commercial & Cement & Cement Products 2.89%
Sonal Gupta (Overseas Investments) Escorts Kubota Limited 2.09%
Construction Vehicles Agricultural Commercial &
Construction Vehicles 2.09%
Total Experience 20 Years Delhivery Limited Transport Services 2.08%
Managing this fund Since Dec, 2023 Jindal Steel & Power
Ferrous Metals 2.04%
Transport Services 2.08%
Limited
Minimum Investment1 Ferrous Metals 2.04%
Sundaram Finance Limited Finance 1.94%
Lumpsum ₹ 5,000 Tata Motors Limited Automobiles 1.91% Reverse Repos/TREPS 1.94%
SIP## Please refer page 79 Rec Limited Finance 1.90% Automobiles 1.91%
Additional Purchase ₹ 1,000 Sun Pharmaceutical Pharmaceuticals & Biotech-
1.89% Leisure Services
Entry load: “NA” Industries Limited nology 1.67%

Trent Limited Retailing 1.86%

Exit load: • If the units redeemed or switched out are Healthcare Services 1.59%
upto 10% of the units purchased or switched in (“the Phoenix Mills Limited Realty 1.81%
Consumer Durables 1.59%
limit”) within 1 year from the date of allotment - Nil Power Finance Corporation
Finance 1.80%
• If units redeemed or switched out are over and Limited Beverages 1.49%
above the limit within 1 year from the date of allot- Jubilant Foodworks Limited Leisure Services 1.67%
Oil 1.46%
ment - 1% Hindustan Aeronautics
• If units are redeemed or switched out on or after 1 Aerospace & Defense 1.63%
Limited Gas 1.18%
year from the date of allotment - Nil Pharmaceuticals & Biotech-
Divi''s Laboratories Limited 1.60% Textiles & Apparels 0.42%
Quantitative Data2 nology
Standard Deviation 12.85% Titan Company Limited Consumer Durables 1.59% Net Current Assets - 0.58%

Beta (Slope) 0.95 Apollo Hospitals Enterprise

Healthcare Services 1.59%
Sharpe Ratio 3 0.71 Limited
R2 0.92% Varun Beverages Limited Beverages 1.49%
Month End Total Expenses Ratios Oil & Natural Gas Corpora-
Oil 1.46%
(Annualized)4 tion Limited Portfolio Classification By Market Segment Class (%)
Axis Bank Limited Banks 1.21%
Regular5 2.11%
Cholamandalam Investment
Direct 1.18% 3.47% 1.37%
& Finance Company Finance 1.18%
Portfolio Turnover
0.49 Limited 11.19%
(1 year) Pharmaceuticals & Biotech-
Lupin Limited 1.18%
1
in multiples of Re 1 thereafter. nology
2
Quantitative Data disclosed are as per monthly GAIL India Limited Gas 1.18%
returns (Annualized) for the last 3 years. Pharmaceuticals & Biotech-
3
Risk free rate: 6.76% (FIMMDA-NSE Mibor) as on Mankind Pharma Limited 1.11%
nology
Sep 30, 2024) Page Industries Limited Textiles & Apparels 0.42%
4
TER Annualized TER including GST on Investment 83.97%
Management Fees
Cash Equivalent 1.37%
5
Continuing plans TREPS* 1.94%
Net Current Assets: -0.57%
Note - Criteria for Large, Mid & Small companies -
Total Net Assets as on 30-September-2024 100.00%
SEBI has demarcated the definitions of large cap,
mid cap and small cap companies as given below. *TREPS : Tri-Party Repo fully collateralized by G-Sec
Large Cap Mid Cap Small Cap
Large Cap: 1st -100th company in terms of full market
capitalization, Mid Cap: 101st -250th company in terms
of full market capitalization, Small Cap: 251st company Debt
onwards in terms of full market capitalization of large/
mid/small cap companies. A list of stocks as per above
criteria will be uploaded on AMFI website and updated
every six months by AMFI.

6
As per clause 1.9 of the SEBI Master Circular for Mutual Funds no. SEBI/HO/IMD/IMD-PoD-1/P/CIR/2024/90 dated June 27, 2024, on ‘Guiding
Principles for bringing uniformity in Benchmarks of Mutual Fund Schemes’ has introduced two-tiered structure for benchmarking of certain categories
of schemes. Accordingly, the benchmark has been changed to NIFTY 100 TRI Index which has been classified as Tier 1 benchmark. Furthermore , the
same is effective from 01 December 2021

This product is suitable for investors who are seeking*:

Moderate Moderately
High
Low to High • To create wealth over long term
Moderate

• Investment in predominantly large cap equity and equity related securities

Low
Very High *Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
RISKOMETER
Please note that the above risk-o-meter is as per the product labelling of the scheme available as on the date of this communication/ disclosure. Any change in
Investors understand that their principal risk-o-meter shall be communicated by way of Notice cum Addendum and by way of an e-mail or SMS to unitholders of that particular Scheme.
will be at Very High risk

11
 HSBC Large and Mid Cap Fund
Large and Mid Cap Fund - An open ended equity scheme investing in both large cap and mid cap stocks.
Investment Objective: To seek long term capital growth through investments in both large cap and mid cap stocks. However, there is no
assurance that the investment objective of the Scheme will be achieved.

Fund Details % to Net % to Net

Issuer Industry/Rating Issuer Industry/Rating
Assets Assets
Date of Allotment 28-Mar-19 EQUITY 98.32% Cash Equivalent 1.68%
Trent Limited Retailing 4.77% TREPS* 1.72%
NIFTY Large Midcap Zomato Limited Retailing 4.65% Net Current Assets: -0.04%
Benchmark
250 TRI6 Suzlon Energy Limited Electrical Equipment 4.28% Total Net Assets as on 30-September-2024 100.00%
GE TandD India Limited Electrical Equipment 2.93%
HDFC Asset Management Company *TREPS : Tri-Party Repo fully collateralized by G-Sec
NAV (as on 30.09.24) Capital Markets 2.91%
Limited
CG Power and Industrial Solutions
Growth ₹ 27.9246 Electrical Equipment 2.64%
Limited
Direct Growth ₹ 30.2591 JSW Energy Limited Power 2.45% Industry Allocation
Bharat Electronics Limited Aerospace & Defense 2.32%
AUM (as on 30.09.24) ₹ 3,718.04 Cr. Cummins India Limited Industrial Products 2.23%
Blue Star Limited Consumer Durables 2.19% Electrical Equipment 18.33%

AAUM (for the month ICICI Bank Limited Banks 2.17% Retailing 10.50%
₹ 3,679.58 Cr. Bharat Heavy Electricals Limited Electrical Equipment 2.16%
of Sep) Persistent Systems Limited IT - Software 2.07% Capital Markets 7.15%
Bajaj Auto Limited Automobiles 2.01% Finance 6.61%
Fund Manager & Experience Godrej Properties Limited Realty 1.90% IT - Software 5.77%
Dixon Technologies (India) Limited Consumer Durables 1.87%
Cheenu Gupta (Equity) Mahindra & Mahindra Limited Automobiles 1.80% Industrial Products 5.65%
Financial Technology Banks 5.59%
Total Experience 18 Years PB Fintech Limited 1.78%
(Fintech) Realty 5.38%
Managing this fund Since Nov 26, 2022 Federal Bank Limited Banks 1.76%
Consumer Durables 5.31%
Max Healthcare Institute Limited Healthcare Services 1.66%
Abhishek Gupta (Equity) Apar Industries Limited Electrical Equipment 1.63% Automobiles 5.30%
Polycab India Limited Industrial Products 1.57%
Aerospace & Defense 4.60%
Total Experience 19 Years Power Finance Corporation Limited Finance 1.54%
Sobha Limited Realty 1.54% Power 4.50%
Managing this fund Since Apr 1, 2024 NTPC Limited Power 1.52% Industrial Manufacturing 3.30%
Nippon Life India Asset Manage-
Sonal Gupta (Overseas Investments) ment Limited
Capital Markets 1.49% Pharmaceuticals & Biotechnology 2.07%
Transformers And Rectifiers (India) Healthcare Services 2.05%
Total Experience 20 Years Electrical Equipment 1.48%
Limited Financial Technology (Fintech) 1.78%
Managing this fund Since Dec, 2023 BSE Limited Capital Markets 1.48% Reverse Repos/TREPS 1.72%
Zensar Technologies Limited IT - Software 1.44%
Minimum Investment 1
Siemens Limited Electrical Equipment 1.34% Leisure Services 1.48%
Kaynes Technology India Ltd Industrial Manufacturing 1.32% Construction
Lumpsum ₹ 5,000 Jyoti CNC Automation Limited Industrial Manufacturing 1.31%
1.37%

Hindustan Aeronautics Limited Aerospace & Defense 1.30% Petroleum Products 0.74%
SIP## Please refer page 79 KEI Industries Limited Industrial Products 1.27% Telecom - Services 0.47%
Prudent Corporate Advisory
Additional Purchase ₹ 1,000 Services Limited
Capital Markets 1.27% Auto Components 0.24%

Safari Industries India Limited Consumer Durables 1.25% Beverages 0.06%

Entry load: “NA” Cholamandalam Investment & Chemicals & Petrochemicals 0.05%
Finance 1.24%
Exit load: If the units redeemed or Finance Company Limited Food Products 0.02%
Pharmaceuticals &
switched out are upto 10% of the units Lupin Limited 1.08% Net Current Assets - 0.10%
Biotechnology
purchased or switched in (“the limit”) with- FSN E-Commerce Ventures Limited Retailing 1.08%
Home First Finance Company
in 1 year from the date of allotment - Nil India Limited
Finance 1.07%
If units redeemed or switched out HDFC Bank Limited Banks 1.04% Portfolio Classification By Market Segment Class (%)
DLF Limited Realty 1.02%
are over and above the limit within 1 Rec Limited Finance 0.99%
year from the date of allotment - 1% ABB India Limited Electrical Equipment 0.98%
Data Patterns India Limited Aerospace & Defense 0.98% 1.68%
If units are redeemed or switched out on or Tata Motors Limited Automobiles 0.95%
after 1 year from the date of allotment - Nil Triveni Turbine Limited Electrical Equipment 0.89%
KPIT Technologies Limited IT - Software 0.89%
Quantitative Data2 The Indian Hotels Company Limited Leisure Services 0.86% 18.25%
Prestige Estates Projects Limited Realty 0.85%
Standard Deviation 13.41% Reliance Industries Limited Petroleum Products 0.74%
Techno Electric & Engineering
Construction 0.71%
Beta (Slope) 0.91 Company Limited
Mazagon Dock Shipbuilders Limited Industrial Manufacturing 0.67% 40.37%
Sharpe Ratio 3
1.04 EIH Limited Leisure Services 0.62%
State Bank of India Banks 0.62% 39.70%
R2 0.86% Sonata Software Limited IT - Software 0.60%
Jio Financial Services Limited Finance 0.58%
Timken India Limited Industrial Products 0.58%
Month End Total Expenses Ratios Larsen & Toubro Limited Construction 0.49%
(Annualized)4 HCL Technologies Limited IT - Software 0.49%
Maruti Suzuki India Limited Automobiles 0.48%
Regular5 1.93% Bajaj Housing Finance Limited Finance 0.48% Large Cap Mid Cap Small Cap
NHPC Limited Power 0.47%
Direct 0.89% Bharti Airtel Limited Telecom - Services 0.47% Debt
Pharmaceuticals &
Portfolio Turnover Gland Pharma Limited 0.47%
Biotechnology
0.92 Sun Pharmaceutical Industries Pharmaceuticals &
(1 year) 0.44% Note - Criteria for Large, Mid & Small companies - SEBI has demarcated the
Limited Biotechnology
1
in multiples of Re 1 thereafter. Global Health Limited Healthcare Services 0.39% definitions of large cap, mid cap and small cap companies as given below.
Sundaram Finance Limited Finance 0.39% Large Cap: 1st -100th company in terms of full market capitalization, Mid
2
Quantitative Data disclosed are as per monthly returns Shriram Finance Limited Finance 0.32% Cap: 101st -250th company in terms of full market capitalization, Small
(Annualized) for the last 3 years. ZF Commercial Vehicle Control
Auto Components 0.24% Cap: 251st company onwards in terms of full market capitalization of
3
Risk free rate: 6.76% (FIMMDA-NSE Mibor) as on Systems India Ltd
Wipro Limited IT - Software 0.17% large/mid/small cap companies. A list of stocks as per above criteria will
Sep 30, 2024)
Ahluwalia Contracts (India) Limited Construction 0.17% be uploaded on AMFI website and updated every six months by AMFI.
4
TER Annualized TER including GST on Investment Infosys Limited IT - Software 0.07%
Management Fees SOBHA LTD - PARTLY PAID Realty 0.07%
5
Continuing plans Tata Power Company Limited Power 0.06%
Varun Beverages Limited Beverages 0.06%
6
As per clause 1.9 of the SEBI Master Circular for Mutual TVS Motor Company Limited Automobiles 0.06%
Funds no. SEBI/HO/IMD/IMD-PoD-1/P/CIR/2024/90 Chemicals & Petro-
Gujarat Fluorochemicals Limited 0.05%
dated June 27, 2024, on ‘Guiding Principles for bringing chemicals
Pharmaceuticals &
uniformity in Benchmarks of Mutual Fund Schemes’ Mankind Pharma Limited 0.04%
Biotechnology
has introduced two-tiered structure for benchmarking Pharmaceuticals &
Cipla Limited 0.04%
of certain categories of schemes. Accordingly, the Biotechnology
benchmark has been classified as Tier 1 benchmark. LTIMindtree Limited IT - Software 0.04%
Bikaji Foods International Limited Food Products 0.02%
Furthermore, the same is effective from 01 December
2021.

This product is suitable for investors who are seeking*:

Moderate Moderately
High • Long term wealth creation and income
Low to
Moderate
High • Investment predominantly in equity and equity related securities of Large and Mid cap companies
*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
Low
Very High

RISKOMETER
Please note that the above risk-o-meter is as per the product labelling of the scheme available as on the date of this communication/ disclosure. Any change in
Investors understand that their principal risk-o-meter shall be communicated by way of Notice cum Addendum and by way of an e-mail or SMS to unitholders of that particular Scheme.
will be at Very High risk

12
 HSBC Midcap Fund
Mid Cap Fund - An open ended equity scheme predominantly investing in mid cap stocks
Investment Objective: To seek to generate long-term capital growth from an actively managed portfolio of equity and equity related
securities of predominantly mid cap companies. However, there can be no assurance or guarantee that the investment objective of the
scheme would be achieved.

Fund Details % to
Issuer Industry/ Rating Industry Allocation
Net Assets
Date of Allotment 09-Aug-04 EQUITY 99.05%
Suzlon Energy Limited Electrical Equipment 5.89%
Electrical Equipment 19.32%
Benchmark: NIFTY Midcap 150 TRI Trent Limited Retailing 3.92%
Dixon Technologies (India) Limited Consumer Durables 3.43% Retailing 9.12%
NAV (as on 30.09.24) HDFC Asset Management Company
Limited
Capital Markets 3.38% Consumer Durables 8.98%
JSW Energy Limited Power 3.30% Capital Markets 7.86%
Growth ₹ 404.1552 Zomato Limited Retailing 3.27%
Industrial Products 6.99%
CG Power and Industrial Solutions Limited Electrical Equipment 3.26%
Direct Growth ₹ 452.9711 Godrej Properties Limited Realty 3.02% Realty 6.99%
Cummins India Limited Industrial Products 3.01% Power
AUM (as on 30.09.24) ₹ 12,280.21 Cr. PB Fintech Limited Financial Technology (Fintech) 2.85%
6.19%
Prestige Estates Projects Limited Realty 2.68% Pharmaceuticals & Biotechnology 4.86%
AAUM (for the month
₹ 12,205.69 Cr. Hitachi Energy India Ltd. Electrical Equipment 2.47% Finance 4.49%
of Sep) Bharat Heavy Electricals Limited Electrical Equipment 2.37%
Pharmaceuticals & Biotech- IT - Software 4.07%
Fund Manager & Experience Lupin Limited
nology
2.15%
Aerospace & Defense 3.28%
Federal Bank Limited Banks 2.13%
Cheenu Gupta (Equity) Max Healthcare Institute Limited Healthcare Services 2.05% Financial Technology (Fintech) 2.85%
Voltas Limited Consumer Durables 2.04% Leisure Services 2.29%
Total Experience 18 Years Apar Industries Limited Electrical Equipment 1.99%
Banks 2.25%
Managing this fund Since Nov 26 2022 Persistent Systems Limited IT - Software 1.95%
Godfrey Phillips India Limited Cigarettes & Tobacco Products 1.95% Healthcare Services 2.24%
Venugopal Manghat (Equity) FSN E-Commerce Ventures Limited Retailing 1.93% Cigarettes & Tobacco Products 1.95%
Multi Commodity Exchange of India Limited Capital Markets 1.91%
Total Experience 28 Years Blue Star Limited Consumer Durables 1.82% Industrial Manufacturing 1.55%
Managing this fund Since Oct 01 2023 GE TandD India Limited
KEI Industries Limited
Electrical Equipment
Industrial Products
1.75%
1.73%
Reverse Repos/TREPS 1.22%
Automobiles 1.20%
Sonal Gupta (Overseas Investments) Bharat Electronics Limited Aerospace & Defense 1.70%
The Indian Hotels Company Limited Leisure Services 1.62% Paper Forest & Jute Products 1.08%
Total Experience 20 Years Nippon Life India Asset Management
Capital Markets 1.62% Telecom - Services 0.31%
Limited
Managing this fund Since Nov 26 2022 Torrent Power Limited Power 1.60% Beverages 0.31%
Mazagon Dock Shipbuilders Limited Industrial Manufacturing 1.55%
Minimum Investment1 Power Finance Corporation Limited Finance 1.54% Construction 0.20%
Lumpsum ₹ 5,000 NTPC Limited Power 1.29% Ferrous Metals 0.19%
Sundaram Finance Limited Finance 1.28%
IT - Services 0.19%
SIP## Please refer page 79 Oberoi Realty Limited Realty 1.27%
Kalyan Jewellers India Limited Consumer Durables 1.15% Cement & Cement Products 0.15%
Additional Purchase ₹ 1,000 Bajaj Auto Limited Automobiles 1.13% Auto Components 0.10%
Entry load: “NA” KPIT Technologies Limited IT - Software 1.11%
Chemicals & Petrochemicals 0.04%
Century Textiles & Industries Limited Paper Forest & Jute Products 1.08%
Exit load: • If the units redeemed or switched out BSE Limited Capital Markets 0.95% Net Current Assets -0.26%
are upto 10% of the units purchased or switched in Supreme Industries Limited Industrial Products 0.93%
(“the limit”) within 1 year from the date of allotment Polycab India Limited Industrial Products 0.91%
Pharmaceuticals & Biotech-
- Nil Biocon Limited
nology
0.90%
• If units redeemed or switched out are over and Hindustan Aeronautics Limited Aerospace & Defense 0.89%
Portfolio Classification By Market Segment Class (%)
Transformers And Rectifiers (India) Limited Electrical Equipment 0.79%
above the limit within 1 year from the date of allot- Data Patterns India Limited Aerospace & Defense 0.69%
ment - 1% Cholamandalam Investment & Finance
Finance 0.69% 0.95%
• If units are redeemed or switched out on or after 1 Company Limited 11.41%
EIH Limited Leisure Services 0.67%
year from the date of allotment - Nil Pharmaceuticals & Biotech-
Gland Pharma Limited 0.67%
nology
Quantitative Data2 ABB India Limited Electrical Equipment 0.65%
Standard Deviation 13.05%
Coforge Limited IT - Software 0.59% 21.26%
Johnson Control Hitachi Air Conditioning
Consumer Durables 0.54%
India Ltd
Beta (Slope) 0.80 Pharmaceuticals & Biotech-
Piramal Pharma Limited 0.50%
nology
Sharpe Ratio 3 1.21 Mahindra & Mahindra Financial Services
Finance 0.35% 66.38%
R2 0.90% Limited
Pharmaceuticals & Biotech-
IPCA Laboratories Limited 0.35%
Month End Total Expenses Ratios Timken India Limited
nology
Industrial Products 0.34%
(Annualized)4 CRISIL Limited Finance 0.32%
Sonata Software Limited IT - Software 0.32%
Regular5 1.71% Radico Khaitan Limited Beverages 0.31%
Bharti Hexacom Limited Telecom - Services 0.31%
Direct 0.66% Rec Limited Finance 0.31%
Pharmaceuticals & Biotech-
Portfolio Turnover Suven Pharmaceuticals Limited 0.23%
Mid Cap Large Cap Small Cap
0.81 nology
(1 year) Sterling and Wilson Renewable Energy
Construction 0.20%
Limited Debt
1
in multiples of Re 1 thereafter. LandT Technology Services Limited IT - Services 0.19%
Global Health Limited Healthcare Services 0.19%
2
Quantitative Data disclosed are as per monthly returns Jindal Stainless Limited Ferrous Metals 0.19%
(Annualized) for the last 3 years. Thermax Limited Electrical Equipment 0.15%
3
Risk free rate: 6.76% (FIMMDA-NSE Mibor) as on Sep 30, 2024) JK Cement Limited Cement & Cement Products 0.15%
4
TER Annualized TER including GST on Investment Management Carborundum Universal Limited Industrial Products 0.07%
Fees TVS Motor Company Limited Automobiles 0.07%
5
Continuing plans The Karnataka Bank Limited Banks 0.06%
Pharmaceuticals & Biotech-
6
As per clause 1.9 of the SEBI Master Circular for Mutual Funds no. Mankind Pharma Limited 0.06%
nology
SEBI/HO/IMD/IMD-PoD-1/P/CIR/2024/90 dated June 27, 2024, on Indian Bank Banks 0.06%
‘Guiding Principles for bringing uniformity in Benchmarks of Mutual Tech Mahindra Limited IT - Software 0.05%
Fund Schemes’ has introduced two-tiered structure for benchmarking MphasiS Limited IT - Software 0.05%
of certain categories of schemes. Accordingly, the benchmark has been Exide Industries Limited Auto Components 0.04%
changed to NIFTY Midcap 150 TRI Index which has been classified as Bharat Forge Limited Auto Components 0.04%
Tier 1 benchmark. Furthermore , the same is effective from 01 December Gujarat Fluorochemicals Limited Chemicals & Petrochemicals 0.04%
2021. Phoenix Mills Limited Realty 0.02%
Bosch Limited Auto Components 0.02%
Note - Criteria for Large, Mid & Small companies - Cash Equivalent 0.95%
SEBI has demarcated the definitions of large cap, TREPS* 1.22%
mid cap and small cap companies as given below. Net Current Assets: -0.27%
Large Cap: 1st -100th company in terms of full market capitalization, Total Net Assets as on 30-September-2024 100.00%
Mid Cap: 101st -250th company in terms of full market capitalization, *TREPS : Tri-Party Repo fully collateralized by G-Sec
Small Cap: 251st company onwards in terms of full market
capitalization of large/mid/small cap companies. A list of stocks as per
above criteria will be uploaded on AMFI website and updated every
six months by AMFI.

This product is suitable for investors who are seeking*:

Moderate Moderately
High
• Long term wealth creation
Low to
Moderate
High • Investment in equity and equity related securities of mid cap companies
*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.

Low
Very High

RISKOMETER
Please note that the above risk-o-meter is as per the product labelling of the scheme available as on the date of this communication/ disclosure. Any change in
Investors understand that their principal risk-o-meter shall be communicated by way of Notice cum Addendum and by way of an e-mail or SMS to unitholders of that particular Scheme.
will be at Very High risk

13
 HSBC Flexi Cap Fund
Flexi Cap Fund - An open ended dynamic equity scheme investing across large cap, mid cap, small cap stocks.
Investment Objective: To seek long term capital growth through investments made dynamically across market capitalization (i.e. Large, Mid, and
Small Caps). The investment could be in any one, two or all three types of market capitalization. The Scheme aims to predominantly invest in equity
and equity related securities.However, in line with the asset allocation pattern of the Scheme, it could move its assets between equity and fixed income
securities depending on its view on these markets. However, there can be no assurance or guarantee that the investment objective of the scheme
would be achieved.

Fund Details Industry/ Industry/

Issuer % to Net Assets Issuer % to Net Assets
Rating Rating
Date of Allotment 24-Feb-04
EQUITY 98.96% Mangalore Chemicals & Fertilizers Fertilizers & Agro-
0.54%
Benchmark NIFTY 500 TRI6 HDFC Bank Limited Banks 4.27% Limited chemicals
ICICI Bank Limited Banks 3.99% TD Power Systems Limited Electrical Equipment 0.54%
Infosys Limited IT - Software 3.77%
NAV (as on 30.09.24) Reliance Industries Limited Petroleum Products 3.37% Dalmia Bharat Limited
Cement & Cement
0.52%
Products
Bharti Airtel Limited Telecom - Services 2.72% Pharmaceuticals &
Growth ₹ 226.3343 Zomato Limited Retailing 1.95% Dishman Carbogen Amcis Limited
Biotechnology
0.51%
Larsen & Toubro Limited Construction 1.90% Mahindra Lifespace Developers Limited Realty 0.21%
Direct Growth ₹ 250.9095 State Bank of India Banks 1.83% Cash Equivalent 1.04%
Hindustan Unilever Limited Diversified FMCG 1.77% TREPS* 1.09%
AUM (as on 30.09.24) ₹ 5,164.96 Cr. Axis Bank Limited Banks 1.70% Net Current Assets: -0.05%
Bajaj Auto Limited Automobiles 1.69%
AAUM (for the month Trent Limited Retailing 1.65%
Total Net Assets as on 30-September-2024 100.00%
₹ 5,132.79 Cr.
of Sep) NTPC Limited Power 1.62% *TREPS : Tri-Party Repo fully collateralized by G-Sec
Mahindra & Mahindra Limited Automobiles 1.61%
Fund Manager & Experience Power Finance Corporation Limited Finance 1.58%
Pharmaceuticals &
Sun Pharmaceutical Industries Limited 1.57%
Abhishek Gupta (Equity) Biotechnology
Bharat Electronics Limited Aerospace & Defense 1.41%
Total Experience 19 Years Voltas Limited Consumer Durables 1.36% Industry Allocation
Kaynes Technology India Ltd Industrial Manufacturing 1.35%
Managing this fund Since Mar, 01 2024 Cement & Cement
UltraTech Cement Limited 1.34%
Venugopal Manghat (Equity) Products
Banks 13.57%
JSW Energy Limited Power 1.32%
IT - Software 9.49%
Total Experience 28 Years Tech Mahindra Limited IT - Software 1.28%
Samvardhana Motherson International Finance 7.37%
Managing this fund Since Apr, 01 2024 Limited
Auto Components 1.28% Pharmaceuticals & 4.42%
TVS Holdings Limited Finance 1.27% Biotechnology
Sonal Gupta (Overseas Investments) Shriram Finance Limited Finance 1.26%
Retailing 4.38%
Persistent Systems Limited IT - Software 1.25% Electrical Equipment 4.07%
Total Experience 20 Years Multi Commodity Exchange of India Construction 3.40%
Capital Markets 1.23%
Managing this fund Since Dec, 2023 Limited Petroleum Products 3.37%
Coforge Limited IT - Software 1.21% Automobiles 3.30%
Minimum Investment 1
Varun Beverages Limited Beverages 1.13%
BSE Limited Capital Markets 1.12% Auto Components 3.20%
Lumpsum ₹ 5,000 Tube Investments of India Limited Auto Components 1.11% Consumer Durables 3.01%
Bansal Wire Industries Ltd. Industrial Products 1.10% Power 2.94%
SIP## Please refer page 79 PNB Housing Finance Limited Finance 1.10% Capital Markets 2.92%
Apar Industries Limited Electrical Equipment 1.09%
Additional Purchase ₹ 1,000 Financial Technology Industrial Products 2.91%
PB Fintech Limited 1.07% Telecom - Services 2.72%
(Fintech)
Entry load: “NA” Oil India Limited Oil 1.05% Diversified FMCG 2.71%
Jindal Steel & Power Limited Ferrous Metals 1.04% Cement & Cement Products 2.47%
Exit load: If the units redeemed or switched out are Pharmaceuticals &
Lupin Limited 1.03% Aerospace & Defense 2.24%
upto 10% of the units purchased or switched in (‘‘the Biotechnology
Industrial Manufacturing 2.17%
limit”) within 1 year from the date of allotment - Nil Siemens Limited Electrical Equipment 1.01%
Aegis Logistics Limited Gas 1.01% Realty 2.05%
If units redeemed or switched out are over and above KEI Industries Limited Industrial Products 1.00% Beverages 2.00%
the limit within 1 year from the date of allotment - 1% Cholamandalam Investment & Finance
Finance 0.99% Ferrous Metals 1.99%
If units are redeemed or switched out on or after 1 Company Limited
Personal Products 1.47%
year from the date of allotment - Nil Kalyan Jewellers India Limited Consumer Durables 0.99%
Brigade Enterprises Limited Realty 0.97% Chemicals & Petrochemicals 1.46%
Quantitative Data2 Jubilant Foodworks Limited Leisure Services 0.96% Fertilizers & Agrochemicals 1.33%
Jindal Stainless Limited Ferrous Metals 0.95% Healthcare Services 1.33%
Standard Deviation 12.02% ITC Limited Diversified FMCG 0.94%
Reverse Repos/TREPS 1.09%
Indian Bank Banks 0.91%
Beta (Slope) 0.88 West Coast Paper Mills Limited
Paper Forest & Jute
0.89%
Financial Technology (Fintech) 1.07%
Products Oil 1.05%
Sharpe Ratio 3 1.12 DLF Limited Realty 0.87% Gas 1.01%
Radico Khaitan Limited Beverages 0.87%
R2 0.94% The Karnataka Bank Limited Banks 0.87%
Leisure Services 0.96%
Jsw Infrastructure Limited Transport Infrastructure 0.86% Paper Forest & Jute Products 0.89%
Month End Total Expenses Ratios Go Digit General Insurance Limited Insurance 0.83% Transport Infrastructure 0.86%
Hindustan Aeronautics Limited Aerospace & Defense 0.83% Insurance 0.83%
(Annualized)4 Pitti Engineering Ltd. Industrial Manufacturing 0.82%
Net Current Assets - 0.02%
Emami Limited Personal Products 0.82%
Regular5 1.92% GE TandD India Limited Electrical Equipment 0.81%
Endurance Technologies Limited Auto Components 0.81%
Direct 1.15% Finolex Cables Limited Industrial Products 0.81% Portfolio Classification By Market Segment Class (%)
Chemicals & Petro-
Portfolio Turnover Epigral Limited 0.79%
0.57 chemicals
(1 year) PI Industries Litmited
Fertilizers & Agro-
0.79%
chemicals 0.78% 1.04%
1
in multiples of Re 1 thereafter. Baazar Style Retail Ltd. Retailing 0.78%
PNC Infratech Limited Construction 0.77%
2
Quantitative Data disclosed are as per monthly LTIMindtree Limited IT - Software 0.74% 20.90%
returns Annualized) for the last 3 years. Zydus Lifesciences Limited
Pharmaceuticals &
0.73%
Biotechnology
3
Risk free rate: 6.76% (FIMMDA-NSE Mibor) as on Sterling and Wilson Renewable Energy
Sep 30, 2024) Limited
Construction 0.73%
4
TER Annualized TER including GST on Investment Zensar Technologies Limited IT - Software 0.68%
Management Fees Global Health Limited Healthcare Services 0.67%
Chemicals & Petro-
5
Continuing plans Aarti Industries Limited 0.67%
chemicals
Syngene International Limited Healthcare Services 0.66% 23.47% 53.81%
Note - Criteria for Large, Mid & Small companies - Dixon Technologies (India) Limited Consumer Durables 0.66%
SEBI has demarcated the definitions of large cap, Godrej Consumer Products Limited Personal Products 0.65%
mid cap and small cap companies as given below. Transformers And Rectifiers (India)
Electrical Equipment 0.62%
Large Cap: 1st -100th company in terms of full market Limited
Cement & Cement
capitalization, Mid Cap: 101st -250th company in terms Birla Corporation Limited
Products
0.61%
of full market capitalization, Small Cap: 251st company IIFL Finance Limited Finance 0.59%
onwards in terms of full market capitalization of large/ CreditAccess Grameen Limited Finance 0.58% Large Cap Small Cap Mid Cap Others
mid/small cap companies. A list of stocks as per above Pharmaceuticals &
Concord Biotech Limited 0.58%
criteria will be uploaded on AMFI website and updated Biotechnology
IIFL Securities Limited Capital Markets 0.57%
Debt
every six months by AMFI. Sonata Software Limited IT - Software 0.56%

6
As per clause 1.9 of the SEBI Master Circular for Mutual Funds no. SEBI/HO/IMD/IMD-PoD-1/P/CIR/2024/90 dated June 27, 2024, on ‘Guiding
Principles for bringing uniformity in Benchmarks of Mutual Fund Schemes’ has introduced two-tiered structure for benchmarking of certain categories
of schemes. Accordingly, the benchmark has been classified as Tier 1 benchmark. Furthermore , the same is effective from 01 December 2021.

This product is suitable for investors who are seeking*:

Moderate Moderately
High • To create wealth over long term
Low to
Moderate
High
• Invests in equity and equity related securities across market capitalisations
*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
Low
Very High

RISKOMETER
Please note that the above risk-o-meter is as per the product labelling of the scheme available as on the date of this communication/ disclosure. Any change in
Investors understand that their principal risk-o-meter shall be communicated by way of Notice cum Addendum and by way of an e-mail or SMS to unitholders of that particular Scheme.
will be at Very High risk

14
 HSBC Multi Cap Fund
Multicap Fund - An open ended equity scheme investing across large cap, mid cap, small cap stocks
Investment Objective: The investment objective of the fund is to generate long-term capital growth from an actively managed portfolio
of equity and equity related securities across market capitalization. However, there can be no assurance or guarantee that the investment
objective of the scheme would be achieved

Fund Details Issuer Industry/Rating % to Net Assets Issuer Industry/Rating % to Net Assets
EQUITY 98.00% Mahindra & Mahindra Financial
Finance 0.55%
Date of Allotment 30-Jan-23 Zomato Limited Retailing 2.48% Services Limited
Trent Limited Retailing 2.30% Safari Industries India Limited Consumer Durables 0.53%
NIFTY 500 Multicap HDFC Bank Limited Banks 2.09% Agricultural Food & other
Benchmark Balrampur Chini Mills Limited 0.51%
50:25:25 TRI4 Multi Commodity Exchange of
Capital Markets 2.08% Products
India Limited UNO Minda Limited Auto Components 0.50%
NAV (as on 30.09.24) ICICI Bank Limited Banks 2.04% Karur Vysya Bank Limited Banks 0.47%
Shriram Finance Limited Finance 1.94% Container Corporation of India
GE TandD India Limited Electrical Equipment 1.86% Transport Services 0.45%
Growth ₹ 19.3303 Limited
NTPC Limited Power 1.84% Agricultural Food & other
CCL Products (India) Limited 0.44%
Direct Growth ₹ 19.7699 Infosys Limited IT - Software 1.82% Products
Jubilant Foodworks Limited Leisure Services 1.81% Hindalco Industries Limited Non - Ferrous Metals 0.40%
AUM (as on 30.09.24) ₹ 4,239.39 Cr. Reliance Industries Limited Petroleum Products 1.80% Grindwell Norton Limted Industrial Products 0.39%
Axis Bank Limited Banks 1.75% Bharat Forge Limited Auto Components 0.39%
AAUM (for the month Federal Bank Limited Banks 1.69%
₹ 4,156.91 Cr. Jindal Steel & Power Limited Ferrous Metals 0.36%
of Sep) Sundaram Finance Limited Finance 1.59% Rolex Rings Limited Auto Components 0.35%
Wipro Limited IT - Software 1.58% Agricultural Commercial &
Fund Manager & Experience PB Fintech Limited
Financial Technology
1.50%
Escorts Kubota Limited
Construction Vehicles
0.35%
(Fintech) Paper Forest & Jute
Venugopal Manghat (Equity) Suzlon Energy Limited Electrical Equipment 1.49% West Coast Paper Mills Limited
Products
0.34%
Larsen & Toubro Limited Construction 1.47%
Total Experience 28 Years Power Mech Projects Limited Construction 1.44% eClerx Services Limited
Commercial Services &
0.34%
Supplies
Managing this fund Since Jan 30, 2023 Kaynes Technology India Ltd Industrial Manufacturing 1.40%
Agricultural Food & other
Pharmaceuticals & Marico Limited 0.30%
Gautam Bhupal (Equity) Neuland Laboratories Limited
Biotechnology
1.38% Products
VRL Logistics Limited Transport Services 0.27%
Phoenix Mills Limited Realty 1.36%
Total Experience 20 Years TVS Motor Company Limited Automobiles 1.36% Aarti Industries Limited
Chemicals & Petro-
0.26%
Managing this fund Since Apr 01, 2024 chemicals
Oberoi Realty Limited Realty 1.35%
Thangamayil Jewellery Ltd. Consumer Durables 0.24%
State Bank of India Banks 1.35%
Kapil Punjabi (Fixed Income) Varun Beverages Limited Beverages 1.35%
Indian Bank Banks 0.23%
Global Health Limited Healthcare Services 0.18%
KPIT Technologies Limited IT - Software 1.35%
Total Experience 18 Years Power Finance Corporation
Sai Silks Kalamandir Limited Retailing 0.05%
Managing this fund Since Jan 30, 2023 Limited
Finance 1.32% Cash Equivalent 2.00%
TREPS* 2.01%
Housing and Urban Development
Sonal Gupta (Overseas Investments) Corporation Limited
Finance 1.24% Net Current Assets: -0.01%
Total Net Assets as on 30-September-2024 100.00%
Total Experience 20 Years Whirlpool of India Limited Consumer Durables 1.22%
Kirloskar Oil Eng Limited Industrial Products 1.21% *TREPS : Tri-Party Repo fully collateralized by G-Sec
Managing this fund Since Jan 30, 2023 TD Power Systems Limited Electrical Equipment 1.19%
Siemens Limited Electrical Equipment 1.17%
Minimum Investment1 Sun Pharmaceutical Industries Pharmaceuticals &
1.17% Industry Allocation5
Lumpsum ₹ 5,000 Limited Biotechnology
Engineers India Limited Construction 1.16% Banks 9.62%
SIP## Please refer page 79 UltraTech Cement Limited Cement & Cement Products 1.14% IT - Software 8.86%
JB Chemicals and Pharmaceuti- Pharmaceuticals & Finance 7.35%
Additional Purchase ₹ 1,000 1.09% Electrical Equipment 7.22%
cals Limited Biotechnology
Pharmaceuticals & Biotechnology 6.36%
Jindal Stainless Limited Ferrous Metals 1.08%
Entry load: “NA” Bharti Airtel Limited Telecom - Services 1.08%
Retailing
Construction
5.63%
5.45%
Pharmaceuticals &
Exit load: If units redeemed or switched out are Divi''s Laboratories Limited 1.06%
Realty
Industrial Products
4.36%
Biotechnology 4.22%
upto 10% of the units purchased or switched in within Pharmaceuticals & Capital Markets 3.75%
1 year from the date of allotment – Nil Zydus Lifesciences Limited 1.03% Leisure Services 3.33%
Biotechnology Consumer Durables 3.01%
If units redeemed or switched out are over and above Hindustan Unilever Limited Diversified FMCG 1.03% Petroleum Products 2.80%
the limit within 1 year from the date of allotment – 1% Dixon Technologies (India) Limited Consumer Durables 1.02% Automobiles 2.31%
Hindustan Petroleum Corporation Reverse Repos/TREPS 2.01%
If units are redeemed or switched out on or after 1 Petroleum Products 1.00% Textiles & Apparels 1.90%
year from the date of allotment. – Nil Limited Power 1.84%
KEI Industries Limited Industrial Products 0.99% Diversified FMCG 1.69%
Month End Total Expenses Ratios Sumitomo Chemical India Limited Fertilizers & Agrochemicals 0.99% Chemicals & Petrochemicals 1.64%

(Annualized)2 HCL Technologies Limited IT - Software 0.99% Financial Technology (Fintech) 1.50%
Ferrous Metals 1.44%
Gokaldas Exports Limited Textiles & Apparels 0.99%
Industrial Manufacturing 1.40%
Regular3 1.86% Mahindra & Mahindra Limited Automobiles 0.95% Beverages 1.35%
Bharat Bijlee Limited Electrical Equipment 0.95% Agricultural Food & other Products 1.25%
Direct 0.59% DLF Limited Realty 0.93% Auto Components 1.24%
Zensar Technologies Limited IT - Software 0.92% Cement & Cement Products 1.14%
Portfolio Turnover KPR Mill Limited Textiles & Apparels 0.91% Telecom - Services 1.08%
0.20 Fertilizers & Agrochemicals
(1 year) Lemon Tree Hotels Limited Leisure Services 0.90% Oil
0.99%
0.88%
HDFC Asset Management Aerospace & Defense 0.77%
Capital Markets 0.89%
Company Limited Transport Services 0.72%
1
in multiples of Re 1 thereafter. Oil India Limited Oil 0.88% Gas 0.68%
Personal Products
2
TER Annualized TER including GST on Investment Ratnamani Metals & Tubes Non - Ferrous Metals
0.61%
Industrial Products 0.84% 0.40%
Management Fees Limited Agricultural Commercial &
Construction Vehicles 0.35%
Sonata Software Limited IT - Software 0.83% Paper Forest & Jute Products 0.34%
3
Continuing plans Tech Mahindra Limited IT - Software 0.80% Commercial Services & Supplies 0.34%
4
As per clause 1.9 of the SEBI Master Circular for Mutual Avenue Supermarts Limited Retailing 0.80% Healthcare Services 0.18%
Net Current Assets - 0.01%
Funds no. SEBI/HO/IMD/IMD-PoD-1/P/CIR/2024/90 AIA Engineering Limited Industrial Products 0.79%
dated June 27, 2024, on ‘Guiding Principles for bringing Nippon Life India Asset Manage-
Capital Markets 0.78% Portfolio Classification By Market Segment Class (%)5
ment Limited
uniformity in Benchmarks of Mutual Fund Schemes’
Bharat Electronics Limited Aerospace & Defense 0.77%
has introduced two-tiered structure for benchmarking Mahindra Lifespace Developers
of certain categories of schemes. Accordingly, the Realty 0.72%
Limited 2.00%
benchmark has been classified as Tier 1 benchmark. Chemicals & Petro-
Epigral Limited 0.71%
Furthermore , the same is effective from 01 December chemicals
2021. Cholamandalam Investment &
Finance 0.71%
Finance Company Limited
Note - Criteria for Large, Mid & Small companies - SEBI KEC International Limited Construction 0.70% 26.23%
42.10%
has demarcated the definitions of large cap, mid cap Aegis Logistics Limited Gas 0.68%
and small cap companies as given below. PNC Infratech Limited Construction 0.68%
Large Cap: 1st -100th company in terms of full market Chemicals & Petro-
Gujarat Fluorochemicals Limited 0.67%
capitalization, Mid Cap: 101st -250th company in terms chemicals
ITC Limited Diversified FMCG 0.66% 29.67%
of full market capitalization, Small Cap: 251st company Pharmaceuticals &
onwards in terms of full market capitalization of large/ Suven Pharmaceuticals Limited 0.63%
Biotechnology
mid/small cap companies. A list of stocks as per above The Indian Hotels Company
Leisure Services 0.62%
criteria will be uploaded on AMFI website and updated Limited
Large Cap Small Cap Mid Cap
every six months by AMFI. Colgate Palmolive (India) Limited Personal Products 0.61%
Persistent Systems Limited IT - Software 0.57%
Debt
ABB India Limited Electrical Equipment 0.56%

This product is suitable for investors who are seeking*:

Moderate Moderately

Low to
High
• To create wealth over long-term
High
Moderate
• Investment predominantly in equity and equity related securities across market capitalisation

Low
*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
Very High

RISKOMETER
Please note that the above risk-o-meter is as per the product labelling of the scheme available as on the date of this communication/ disclosure. Any change in
Investors understand that their principal risk-o-meter shall be communicated by way of Notice cum Addendum and by way of an e-mail or SMS to unitholders of that particular Scheme.
will be at Very High risk

15
 HSBC Small Cap Fund
Small Cap Fund - An open ended equity scheme predominantly investing in small cap stocks.
Investment Objective: To generate long term capital growth from an actively managed portfolio of equity and equity related securities of
predominantly small cap companies. However, it could move a portion of its assets towards fixed income securities if the fund manager
becomes negative on the Indian equity markets. However, there can be no assurance or guarantee that the investment objective of the
scheme would be achieved.

Fund Details Issuer Industry/Rating % to Net Assets Issuer Industry/Rating % to Net Assets
EQUITY 98.07% Nitin Spinners Limited Textiles & Apparels 0.29%
Date of Allotment 12-May-14 Apar Industries Limited Electrical Equipment 2.78% Oberoi Realty Limited Realty 0.27%
Century Textiles & Industries Limited Paper Forest & Jute Products 2.65% Happy Forgings Limited Industrial Products 0.26%
NIFTY Small Cap Trent Limited Retailing 2.54% Niit Learning Systems Limited Other Consumer Services 0.26%
Benchmark Brigade Enterprises Limited Realty 2.37% MM Forgings Limited Auto Components 0.25%
250 TRI6 Techno Electric & Engineering Electronics Mart India Limited Retailing 0.25%
Construction 2.29% WIM Plast Limited Industrial Products 0.18%
Company Limited
NAV (as on 30.09.24) Pharmaceuticals & Orient Paper & Industries Limited Paper Forest & Jute Products 0.16%
Neuland Laboratories Limited 2.01% SOBHA LTD - PARTLY PAID Realty 0.13%
Biotechnology
Growth ₹ 89.4626 NCC Limited Construction 1.97% Jamna Auto Industries Limited Auto Components 0.11%
Dixon Technologies (India) Limited Consumer Durables 1.90% Sai Silks Kalamandir Limited Retailing 0.10%
Direct Growth ₹ 98.5934 KPR Mill Limited Textiles & Apparels 1.81% Emami Paper Mills Limited Paper Forest & Jute Products 0.02%
Supreme Petrochem Limited Chemicals & Petrochemicals 1.79% Cash Equivalent 1.93%
AUM (as on 30.09.24) ₹ 17,306.21 Cr. Ratnamani Metals & Tubes Limited Industrial Products 1.79% TREPS*
Net Current Assets:
1.41%
0.52%
Kirloskar Pneumatic Co Limited Industrial Products 1.78%
AAUM (for the month KPIT Technologies Limited IT - Software 1.75% Total Net Assets as on 30-September-2024 100.00%
₹ 17,211.73 Cr. BSE Limited Capital Markets 1.65% *TREPS : Tri-Party Repo fully collateralized by G-Sec
of Sep) KEI Industries Limited Industrial Products 1.65%
Pharmaceuticals &
Fund Manager & Experience Suven Pharmaceuticals Limited
Biotechnology
1.56%

Venugopal Manghat (Equity) Finolex Cables Limited Industrial Products 1.55%

Industry Allocation
KEC International Limited Construction 1.54%
Total Experience 28 Years Sonata Software Limited IT - Software 1.50%
Sumitomo Chemical India Limited Fertilizers & Agrochemicals 1.50%
Managing this fund Since Dec 17, 2019 Sobha Limited Realty 1.49%
Industrial Products 17.63%
Karur Vysya Bank Limited Banks 1.48% Construction 8.45%
Cheenu Gupta (Equity) PNB Housing Finance Limited Finance 1.46% Consumer Durables 6.35%
HG Infra Engineering Limited Construction 1.45%
Total Experience 18 Years Aegis Logistics Limited Gas 1.41% Capital Markets 6.14%
Managing this fund Since Oct 01, 2023 Jyoti CNC Automation Limited Industrial Manufacturing 1.35%
Auto Components 6.13%
Tube Investments of India Limited Auto Components 1.34%
Sonal Gupta (Overseas Investments) Multi Commodity Exchange of
Capital Markets 1.32%
Realty 5.57%
India Limited Pharmaceuticals & Biotechnology 5.49%
Total Experience 20 Years Mahindra Lifespace Developers
Realty 1.31%
Limited Finance 5.05%
Managing this fund Since July 05, 2021 Time Technoplast Limited Industrial Products 1.30% Textiles & Apparels 4.82%
Gokaldas Exports Limited Textiles & Apparels 1.28%
Minimum Investment1 Federal Bank Limited Banks 1.23% Electrical Equipment 4.43%
Lumpsum ₹ 5,000 Balrampur Chini Mills Limited
Agricultural Food & other
1.19% IT - Software 4.23%
Products
SIP## Please refer page 79 Amber Enterprises India Limited Consumer Durables 1.17% Retailing 2.89%
Additional Purchase ₹ 1,000 Cholamandalam Financial Holdings
Finance 1.14% Paper Forest & Jute Products 2.83%
Limited
Entry load: “NA” EID Parry India Limited Fertilizers & Agrochemicals 1.12% Banks 2.71%
Polycab India Limited Industrial Products 1.10% Industrial Manufacturing
Exit load: • If the units redeemed or switched out 2.65%
GE TandD India Limited Electrical Equipment 1.08%
are upto 10% of the units purchased or switched in Kfin Technologies Limited Capital Markets 1.06% Fertilizers & Agrochemicals 2.62%
Jindal Saw Limited Industrial Products 1.04%
(“the limit”) within 1 year from the date of allotment Grindwell Norton Limted Industrial Products 1.03%
Chemicals & Petrochemicals 2.30%
- Nil Pharmaceuticals & Agricultural Food & other Products 1.78%
Concord Biotech Limited 1.00%
• If units redeemed or switched out are over and Biotechnology Leisure Services 1.71%
above the limit within 1 year from the date of allot- EIH Limited Leisure Services 0.99%
Persistent Systems Limited IT - Software 0.98% Gas 1.41%
ment - 1% Finolex Industries Limited Industrial Products 0.96%
Reverse Repos/TREPS 1.41%
• If units are redeemed or switched out on or after 1 Cera Sanitaryware Limited Consumer Durables 0.93%
year from the date of allotment - Nil JB Chemicals and Pharmaceuticals Pharmaceuticals & Commercial Services & Supplies 0.81%
0.92%
Limited Biotechnology
Quantitative Data2 Beverages 0.73%
IIFL Finance Limited Finance 0.91%
Standard Deviation 14.74% Welspun Living Limited Textiles & Apparels 0.89% Household Products 0.70%
UNO Minda Limited Auto Components 0.85%
Beta (Slope) 0.77 Carborundum Universal Limited Industrial Products 0.82% Net Current Assets 0.56%
Can Fin Homes Limited Finance 0.82% Cement & Cement Products 0.38%
Sharpe Ratio 3 1.28 Commercial Services &
eClerx Services Limited 0.81% Other Consumer Services 0.26%
R2 0.91% Supplies
Prudent Corporate Advisory
Month End Total Expenses Ratios Services Limited
Capital Markets 0.76%
(Annualized)4 Sharda Motor Industries Limited Auto Components 0.75%
360 One Wam Limited Capital Markets 0.75%
Regular5 1.67% APL Apollo Tubes Limited Industrial Products 0.73% Portfolio Classification By Market Segment Class (%)
Radico Khaitan Limited Beverages 0.73%
Direct 0.67% Lakshmi Machine Works Limited Industrial Manufacturing 0.72%
Portfolio Turnover Lemon Tree Hotels Limited Leisure Services 0.72%
1.93%
0.29 Sundaram Finance Limited Finance 0.72% 2.54%
(1 year) Kajaria Ceramics Limited Consumer Durables 0.71%
Jyothy Laboratories Limited Household Products 0.70%
1
in multiples of Re 1 thereafter. Maharashtra Seamless Limited Industrial Products 0.69%
Exide Industries Limited Auto Components 0.67% 20.55%
2
Quantitative Data disclosed are as per monthly Supreme Industries Limited Industrial Products 0.67%
returns PNC Infratech Limited Construction 0.66%
Timken India Limited Industrial Products 0.60%
(Annualized) for the last 3 years. Nippon Life India Asset Manage- 74.98%
Capital Markets 0.60%
ment Limited
Risk free rate: 6.76% (FIMMDA-NSE Mibor) as on
3
Somany Ceramics Limited Consumer Durables 0.60%
Sep 30, 2024) CCL Products (India) Limited
Agricultural Food & other
0.59%
Products
TER Annualized TER including GST on Investment
4
Titagarh Rail Systems Limited Industrial Manufacturing 0.58%
Management Fees Rolex Rings Limited Auto Components 0.57%
Suzlon Energy Limited Electrical Equipment 0.57% Small Cap Mid Cap Large Cap
5
Continuing plans Motherson Sumi Wiring India
Auto Components 0.56%
Limited Debt
Note - Criteria for Large, Mid & Small companies - Sterling Tools Limited Auto Components 0.56%
SEBI has demarcated the definitions of large cap, Indo Count Industries Limited Textiles & Apparels 0.55%
Engineers India Limited Construction 0.54%
mid cap and small cap companies as given below. Blue Star Limited Consumer Durables 0.53%
Large Cap: 1st -100th company in terms of full market Apollo Pipes Limited Industrial Products 0.52%
capitalization, Mid Cap: 101st -250th company in terms Alkyl Amines Chemicals Limited Chemicals & Petrochemicals 0.51%
of full market capitalization, Small Cap: 251st company Century Plyboards (India) Limited Consumer Durables 0.51%
PTC Industries Limited Industrial Products 0.50%
onwards in terms of full market capitalization of large/ JK Tyre & Industries Ltd. Auto Components 0.47%
mid/small cap companies. A list of stocks as per above Hi-Tech Pipes Limited Industrial Products 0.46%
criteria will be uploaded on AMFI website and updated JK Lakshmi Cement Limited Cement & Cement Products 0.38%
every six months by AMFI. 6
As per clause 1.9 of the SEBI Master Circular for Mutual Funds no. SEBI/HO/IMD/IMD-PoD-1/P/CIR/2024/90 dated June 27, 2024, on ‘Guiding
Principles for bringing uniformity in Benchmarks of Mutual Fund Schemes’ has introduced two-tiered structure for benchmarking of certain categories
of schemes. Accordingly, the benchmark has been classified as Tier 1 benchmark. Furthermore , the same is effective from 01 December 2021.

This product is suitable for investors who are seeking*:

Moderate Moderately
High • Long term capital appreciation
Low to
Moderate
High
• Investment predominantly in equity and equity related securities, including equity derivatives in Indian markets with key
theme focus being emerging companies (small cap stocks); and foreign securities
Low
*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
Very High

RISKOMETER

Investors understand that their principal

Please note that the above risk-o-meter is as per the product labelling of the scheme available as on the date of this communication/ disclosure. Any change in
will be at Very High risk risk-o-meter shall be communicated by way of Notice cum Addendum and by way of an e-mail or SMS to unitholders of that particular Scheme.

16
 HSBC Focused Fund
(Focused Fund – An open ended equity scheme investing in maximum 30 stocks across market caps (i.e. Multi-Cap))
Investment Objective: To seek long term capital growth through investments in a concentrated portfolio of equity & equity related
instruments of up to 30 companies across market capitalization. However, there is no assurance that the investment objective of the
Scheme will be achieved.

Fund Details Issuer Industry/Rating % to Net Assets Industry Allocation

EQUITY 96.09%
Date of Allotment 22-July-2020 ICICI Bank Limited Banks 8.38% Consumer Durables 14.16%
Benchmark Nifty 500 TRI4 Multi Commodity
Capital Markets 4.97%
Banks 12.43%
Exchange of India Limited Finance 9.09%
NAV (as on 30.09.24)
Larsen & Toubro Limited Construction 4.43% IT - Software 7.44%
Growth ₹ 25.9642 Blue Star Limited Consumer Durables 4.24% Construction 7.37%
Direct Growth ₹ 27.5962 Sun Pharmaceutical Pharmaceuticals & Pharmaceuticals & Biotechnology 6.65%
4.23%
AUM (as on 30.09.24) ₹ 1,823.73 Cr. Industries Limited Biotechnology Capital Markets 4.97%
AAUM (for the month DLF Limited Realty 4.17% Realty 4.17%
₹ 1,813.33 Cr.
of Sep) Infosys Limited IT - Software 4.11% Petroleum Products 4.05%
Fund Manager & Experience Axis Bank Limited Banks 4.05% Reverse Repos/TREPS 4.02%
Neelotpal Sahai (Equity) Reliance Industries Limited Petroleum Products 4.05% Financial Technology (Fintech) 3.55%
Total Experience 30 Years Shriram Finance Limited Finance 3.92% Industrial Products 3.30%
Managing this fund Since Jul 29, 2020 Whirlpool of India Limited Consumer Durables 3.77% Oil 3.26%
Cheenu Gupta (Equity) Financial Technology Diversified FMCG 3.24%
PB Fintech Limited 3.55%
Total Experience 18 Years (Fintech) Industrial Manufacturing 3.19%
Managing this fund Since Jun 01, 2023 Zensar Technologies Healthcare Services 3.07%
IT - Software 3.33%
Sonal Gupta (Overseas Investments) Limited Electrical Equipment 2.30%
Total Experience 20 Years KEI Industries Limited Industrial Products 3.30% Textiles & Apparels 2.06%
Managing this fund Since Dec, 2023 Oil & Natural Gas Fertilizers & Agrochemicals 1.79%
Oil 3.26%
Minimum Investment1 Corporation Limited Net Current Assets - 0.12%
Lumpsum ₹ 5,000 Hindustan Unilever Limited Diversified FMCG 3.24%
SIP## Please refer page 79 Titan Company Limited Consumer Durables 3.15%
Additional Purchase ₹ 1,000 Rainbow Children''s
Healthcare Services 3.07% Portfolio Classification By Market Segment Class (%)
Medicare Limited
Entry load: “NA”
Kalyan Jewellers India
Exit load: If the units redeemed or switched out are Consumer Durables 3.00%
Limited 3.91%
upto 10% of the units purchased or switched in (‘‘the
limit”) within 1 year from the date of allotment - Nil Power Mech Projects 16.98%
Construction 2.94%
If units redeemed or switched out are over and above Limited
the limit within 1 year from the date of allotment - 1% Sundaram Finance Limited Finance 2.89%
If units are redeemed or switched out on or after 1 Pharmaceuticals &
year from the date of allotment - Nil Mankind Pharma Limited 2.42%
Biotechnology
Quantitative Data5 51.69%
GE TandD India Limited Electrical Equipment 2.30%
Standard Deviation 12.89% Rec Limited Finance 2.28% 27.42%
Beta (Slope) 0.91 Ganesha Ecosphere
Textiles & Apparels 2.06%
Sharpe Ratio 6 0.71 Limited
R2 0.89% Jyoti CNC Automation Industrial
1.88%
Limited Manufacturing
Month End Total Expenses Ratios
Large Cap Small Cap Mid Cap
(Annualized)2 Mangalore Chemicals & Fertilizers &
1.79%
Fertilizers Limited Agrochemicals Debt
Regular5 2.09%
Industrial
Direct 0.89% Pitti Engineering Ltd. 1.31%
Manufacturing
Portfolio Turnover
0.41 Cash Equivalent 3.91%
(1 year)
1
in multiples of Re 1 thereafter. TREPS* 4.02%
2
TER Annualized TER including GST on Investment Net Current Assets: -0.11%
Management Fees
3
Continuing plans Total Net Assets as on 30-September-2024 100.00%
4
As per clause 1.9 of the SEBI Master Circular for Mutual *TREPS : Tri-Party Repo fully collateralized by G-Sec
Funds no. SEBI/HO/IMD/IMD-PoD-1/P/CIR/2024/90
dated June 27, 2024, on ‘Guiding Principles for bringing
uniformity in Benchmarks of Mutual Fund Schemes’
has introduced two-tiered structure for benchmarking
of certain categories of schemes. Accordingly, the
benchmark has been changed to Nifty 500 TRI which
has been classified as Tier 1 benchmark. Furthermore,
the same is effective from 01 December 2021.
5
Quantitative Data disclosed are as per monthly
returns
(Annualized) for the last 3 years.
Risk free rate: 6.76% (FIMMDA-NSE Mibor) as on
6

Sep 30, 2024)

This product is suitable for investors who are seeking*:

Moderate Moderately
High • Long term wealth creation
Low to
Moderate
High
• Investment in equity and equity related securities across market capitalization in maximum 30 stocks
*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
Low
Very High

RISKOMETER
Please note that the above risk-o-meter is as per the product labelling of the scheme available as on the date of this communication/ disclosure. Any change in
Investors understand that their principal risk-o-meter shall be communicated by way of Notice cum Addendum and by way of an e-mail or SMS to unitholders of that particular Scheme.
will be at Very High risk

17
 HSBC Infrastructure Fund
Infrastructure Fund - An open ended equity scheme following Infrastructure theme.
Investment Objective: To generate long term capital appreciation from an actively managed portfolio of equity and equity related
securities by investing predominantly in equity and equity related securities of companies engaged in or expected to benefit from growth
and development of Infrastructure in India. However, there can be no assurance or guarantee that the investment objective of the scheme
would be achieved.

Fund Details Issuer Industry/Rating % to Net Assets Industry Allocation

EQUITY 97.95%
Date of Allotment 27-Sep-07 NTPC Limited Power 8.55%
Larsen & Toubro Limited Construction 7.38% Construction 16.42%
NIFTY Infrastructure
Benchmark Bharat Electronics Limited Aerospace & Defense 7.28% Industrial Products 13.83%
TRI6
Bharti Airtel Limited Telecom - Services 5.74%
Electrical Equipment 10.85%
NAV (as on 30.09.24) Century Textiles & Industries Paper Forest & Jute
4.06% Power 8.55%
Growth ₹ 51.6654 Limited Products
Direct Growth ₹ 57.6090 Reliance Industries Limited Petroleum Products 3.89% Aerospace & Defense 7.28%
Cement & Cement Telecom - Services
AUM (as on 30.09.24) ₹ 2,790.49 Cr. UltraTech Cement Limited 3.76% 5.74%
Products
ABB India Limited Electrical Equipment 2.60% Petroleum Products 4.85%
AAUM (for the month
₹ 2,783.04 Cr. Dixon Technologies (India) Cement & Cement Products 4.78%
of Sep) Consumer Durables 2.46%
Limited Industrial Manufacturing 4.58%
Fund Manager & Experience Finolex Cables Limited Industrial Products 2.28%
Brigade Enterprises Limited Realty 2.11% Paper Forest & Jute Products 4.06%
Venugopal Manghat (Equity) Power Finance Corporation Realty 3.95%
Finance 2.08%
Total Experience 28 Years Limited Consumer Durables 3.53%
Managing this fund Since Dec 17, 2019 Kirloskar Pneumatic Co Limited Industrial Products 2.02%
Gas 2.53%
Kirloskar Oil Eng Limited Industrial Products 1.90%
Gautam Bhupal (Equity) KEI Industries Limited Industrial Products 1.88% Reverse Repos/TREPS 2.21%
Total Experience Over 20 Years Apar Industries Limited Electrical Equipment 1.80% Finance 2.08%
KEC International Limited Construction 1.77%
Managing this fund Since Nov 26, 2022 Siemens Limited Electrical Equipment 1.71%
Non - Ferrous Metals 1.36%
Sonal Gupta (Overseas Investment) Aegis Logistics Limited Gas 1.69% Oil 1.09%
Kennametal India Limited Industrial Manufacturing 1.54% Ferrous Metals 0.75%
Total Experience Over 20 Years Suzlon Energy Limited Electrical Equipment 1.49%
Managing this fund Since Nov 26, 2022 Transport Services 0.63%
Power Mech Projects Limited Construction 1.47%
Agricultural Commercial & 0.48%
Minimum Investment1 Sterling and Wilson Renewable Construction Vehicles
Construction 1.37%
Energy Limited Consumable Fuels 0.45%
Lumpsum ₹ 5,000 Hindalco Industries Limited Non - Ferrous Metals 1.36%
SIP## Please refer page 79 Telecom Services 0.16%
Titagarh Rail Systems Limited Industrial Manufacturing 1.25%
Additional Purchase ₹ 1,000 Bansal Wire Industries Ltd. Industrial Products 1.20% Net Current Assets - 0.17%
Entry load: “NA” Jyoti CNC Automation Limited Industrial Manufacturing 1.13%
Polycab India Limited Industrial Products 1.10%
Exit load: • If the units redeemed or switched out Oil India Limited Oil 1.09%
are upto 10% of the units purchased or switched in Amber Enterprises India Portfolio Classification By Market Segment Class (%)
(“the limit”) within 1 year from the date of allotment Consumer Durables 1.07%
Limited
- Nil NCC Limited Construction 1.06%
• If units redeemed or switched out are over and 2.05%
Cement & Cement 14.31%
above the limit within 1 year from the date of allot- Birla Corporation Limited 1.02%
Products
ment - 1%
PNC Infratech Limited Construction 1.01%
• If units are redeemed or switched out on or after 1
GE TandD India Limited Electrical Equipment 0.99%
year from the date of allotment - Nil
Jindal Saw Limited Industrial Products 0.97%
Quantitative Data2 Hindustan Petroleum Corpora-
Petroleum Products 0.96%
Standard Deviation 14.57% tion Limited
Grindwell Norton Limted Industrial Products 0.94% 46.30%
Beta (Slope) 0.80 37.34%
Bharat Bijlee Limited Electrical Equipment 0.92%
Sharpe Ratio 3 1.48 Bharat Heavy Electricals
Electrical Equipment 0.92%
Limited
R2 0.64% Gujarat Gas Limited Gas 0.84%
Engineers India Limited Construction 0.76%
Month End Total Expenses Ratios Jindal Stainless Limited Ferrous Metals 0.75%
(Annualized)4 Phoenix Mills Limited Realty 0.75% Large Cap Small Cap Mid Cap
Regular5 2.00% Isgec Heavy Engineering
Construction 0.75% Debt
Limited
Direct 0.96% HG Infra Engineering Limited Construction 0.72%
Portfolio Turnover Mahindra Lifespace Developers
Realty 0.67%
0.24 Limited
(1 year) Pitti Engineering Ltd. Industrial Manufacturing 0.66%
1
in multiples of Re 1 thereafter. Delhivery Limited Transport Services 0.63%
2
Quantitative Data disclosed are as per monthly returns Hi-Tech Pipes Limited Industrial Products 0.60%
(Annualized) for the last 3 years. APL Apollo Tubes Limited Industrial Products 0.56%
3
Risk free rate: 6.76% (FIMMDA-NSE Mibor) as on Sep Agricultural Commercial &
BEML Limited 0.48%
30, 2024) Construction Vehicles
4
TER Annualized TER including GST on Investment Coal India Limited Consumable Fuels 0.45%
Management Fees Transformers And Rectifiers
Electrical Equipment 0.42%
5
Continuing plans (India) Limited
6
As per clause 1.9 of the SEBI Master Circular for Mutual DLF Limited Realty 0.42%
Funds no. SEBI/HO/IMD/IMD-PoD-1/P/CIR/2024/90 dated Happy Forgings Limited Industrial Products 0.38%
June 27, 2024, on ‘Guiding Principles for bringing uniformity Bharti Airtel Limited Partly
in Benchmarks of Mutual Fund Schemes’ has introduced Telecom Services 0.16%
Paid
two-tiered structure for benchmarking of certain categories
of schemes. Accordingly, the benchmark has been classified
Ahluwalia Contracts (India)
Construction 0.13%
as Tier 1 benchmark. Furthermore , the same is effective Limited
from 01 December 2021. Cash Equivalent 2.05%
TREPS* 2.21%
Net Current Assets: -0.16%
Total Net Assets as on 30-September-2024 100.00%
*TREPS : Tri-Party Repo fully collateralized by G-Sec; @ Awaited Listing

This product is suitable for investors who are seeking*:

Moderate Moderately
High • To create wealth over long term
Low to
Moderate
High
• Invests in equity and equity related securities, primarily in themes that play an important role in India’s economic
development
Low
Very High *Investors should consult their financial advisers if in doubt about whether the product is suitable for them.

RISKOMETER
Please note that the above risk-o-meter is as per the product labelling of the scheme available as on the date of this communication/ disclosure. Any change in
Investors understand that their principal risk-o-meter shall be communicated by way of Notice cum Addendum and by way of an e-mail or SMS to unitholders of that particular Scheme.
will be at Very High risk

18
 HSBC Value Fund
Value Fund - An open ended equity scheme following a value investment strategy
Investment Objective: 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.

Fund Details Issuer Industry/Rating % to Net Assets Issuer Industry/Rating % to Net Assets
EQUITY 97.11% Chemicals & Petro-
Date of Allotment 08-Jan-10 Supreme Petrochem Limited 0.48%
chemicals
NTPC Limited Power 4.08%
Benchmark Nifty 500 TRI6 Punjab National Bank Limited Banks 0.34%
ICICI Bank Limited Banks 3.95%
Gujarat Narmada Valley Chemicals & Petro-
Multi Commodity Exchange of 0.33%
NAV (as on 30.09.24) India Limited
Capital Markets 3.20% Fertilizers & Chemicals Ltd chemicals
Agricultural Food & other
KEC International Limited Construction 2.86% CCL Products (India) Limited 0.32%
Growth ₹ 112.8619 Products
Jindal Stainless Limited Ferrous Metals 2.82%
Somany Ceramics Limited Consumer Durables 0.19%
Direct Growth ₹ 125.0379 Federal Bank Limited Banks 2.24%
Chemicals & Petro-
Mahindra & Mahindra Limited Automobiles 2.20% NOCIL Limited 0.16%
AUM (as on 30.09.24) ₹ 14,123.13 Cr. Tech Mahindra Limited IT - Software 2.11%
chemicals
SOBHA LTD - PARTLY PAID Realty 0.12%
AAUM (for the month Reliance Industries Limited Petroleum Products 2.09%
₹ 13,950.30 Cr. State Bank of India Banks 2.05%
Cash Equivalent 2.89%
of Sep) TREPS* 2.22%
Bharti Airtel Limited Telecom - Services 2.04%
Fund Manager & Experience Net Current Assets: 0.67%
Axis Bank Limited Banks 2.01%
Total Net Assets as on 30-September-2024 100.00%
Sun Pharmaceutical Industries Pharmaceuticals &
Venugopal Manghat (Equity) 2.01% *TREPS : Tri-Party Repo fully collateralized by G-Sec
Limited Biotechnology
Total Experience 28 Years Karur Vysya Bank Limited Banks 2.00% Industry Allocation
Managing this fund Since Nov 24,2012 Wipro Limited IT - Software 1.86%
Power Mech Projects Limited Construction 1.82% Banks 16.55%
Gautam Bhupal (Equity) Larsen & Toubro Limited Construction 1.82% IT - Software 9.96%
Total Experience 20 Years Brigade Enterprises Limited Realty 1.81%
Construction 8.68%
Cigarettes & Tobacco
Managing this fund Since Oct 01, 2023 Godfrey Phillips India Limited 1.78% Industrial Products 5.46%
Products
Sonal Gupta (Overseas Investments) GE TandD India Limited Electrical Equipment 1.75% Finance 4.98%
PNB Housing Finance Limited Finance 1.71% Realty 4.86%
Total Experience 20 Years
Zensar Technologies Limited IT - Software 1.69% Power 4.08%
Managing this fund Since Jul 05, 2021 Infosys Limited IT - Software 1.59% Ferrous Metals 3.94%
Minimum Investment1 Power Finance Corporation
Finance 1.52% Automobiles 3.88%
Limited Petroleum Products 3.22%
Lumpsum ₹ 5,000 Finolex Cables Limited Industrial Products 1.51% Capital Markets 3.20%
SIP## Please refer page 79 Paper Forest & Jute
JK Paper Limited 1.50% Paper Forest & Jute Products 2.68%
Products
Additional Purchase ₹ 1,000 Oberoi Realty Limited Realty 1.48% Cement & Cement Products 2.65%
Sobha Limited Realty 1.45% Fertilizers & Agrochemicals 2.57%
Entry load: “NA” Reverse Repos/TREPS
Jindal Saw Limited Industrial Products 1.45% 2.22%
Exit load: If the units redeemed or switched out are Paradeep Phosphates Limited
Fertilizers & Agrochem-
1.42%
Telecom - Services 2.04%
upto 10% of the units purchased or switched in (‘’the icals Pharmaceuticals & Biotechnology 2.01%
limit’’) within 1 year from the date of allotment - Nil Ratnamani Metals & Tubes Cigarettes & Tobacco Products 1.78%
Industrial Products 1.38%
If units redeemed or switched out are over and above Limited Electrical Equipment 1.75%
the limit within 1 year from the date of allotment - 1% HDFC Bank Limited Banks 1.36%
Beverages 1.71%
If units are redeemed or switched out on or after 1 Agricultural Commercial &
Escorts Kubota Limited 1.26% Leisure Services 1.69%
year from the date of allotment - Nil Construction Vehicles
Textiles & Apparels 1.66%
Indian Bank Banks 1.24%
Quantitative Data 2
ITC Limited Diversified FMCG 1.23% Agricultural Commercial & Construction Vehicles 1.26%
Standard Deviation 13.74% PNC Infratech Limited Construction 1.19% Diversified FMCG 1.23%
Century Textiles & Industries Paper Forest & Jute Agricultural Food & other Products 1.15%
Beta (Slope) 0.96 Limited Products
1.18%
Chemicals & Petrochemicals 0.97%
Sharpe Ratio 3
1.25 Can Fin Homes Limited Finance 1.17% Non - Ferrous Metals 0.95%
Coromandel International Fertilizers & Agrochem-
R2 0.87% Limited icals
1.15% Aerospace & Defense 0.74%
Auto Components 0.72%
Month End Total Expenses Ratios Hindustan Petroleum Corpora-
Petroleum Products 1.13% Net Current Assets 0.68%
(Annualized)4 tion Limited
Personal Products
Kirloskar Oil Eng Limited Industrial Products 1.12% 0.55%
Regular5 1.71% Jindal Steel & Power Limited Ferrous Metals 1.12% Consumer Durables 0.19%

Direct 0.77% Bajaj Auto Limited Automobiles 1.10%

Cement & Cement
Portfolio Turnover JK Lakshmi Cement Limited 1.08%
Products Portfolio Classification By Market Segment Class (%)
0.20
(1 year) Sonata Software Limited IT - Software 1.04%
KNR Constructions Limited Construction 0.99%
1
in multiples of Re 1 thereafter. 2.89%
KPR Mill Limited Textiles & Apparels 0.96%
2
Quantitative Data disclosed are as per monthly returns Hindalco Industries Limited Non - Ferrous Metals 0.95%
(Annualized) for the last 3 years. Jubilant Foodworks Limited Leisure Services 0.92% 14.35%
3
Risk free rate: 6.76% (FIMMDA-NSE Mibor) as on Sep HCL Technologies Limited IT - Software 0.91%
30, 2024) Cement & Cement
4
TER Annualized TER including GST on Investment Birla Corporation Limited 0.86%
Products
Management Fees
Globus Spirits Ltd Beverages 0.86% 42.17%
5
Continuing plans Varun Beverages Limited Beverages 0.85%
6
As per clause 1.9 of the SEBI Master Circular for Mutual Agricultural Food & other
Funds no. SEBI/HO/IMD/IMD-PoD-1/P/CIR/2024/90 dated Balrampur Chini Mills Limited 0.83% 40.59%
June 27, 2024, on ‘Guiding Principles for bringing uniformity
Products
in Benchmarks of Mutual Fund Schemes’ has introduced The Indian Hotels Company
Leisure Services 0.77%
two-tiered structure for benchmarking of certain categories Limited
of schemes. Accordingly, the benchmark has been classified Persistent Systems Limited IT - Software 0.76%
as Tier 1 benchmark. Furthermore , the same is effective Kotak Mahindra Bank Limited Banks 0.75%
from 01 December 2021. Small Cap Large Cap Mid Cap
Hindustan Aeronautics Limited Aerospace & Defense 0.74%
Bosch Limited Auto Components 0.72%
Cement & Cement Debt
The Ramco Cements Limited 0.71%
Products
Vardhman Textiles Limited Textiles & Apparels 0.70%
Canara Bank Banks 0.61%
Maruti Suzuki India Limited Automobiles 0.58%
Mahindra & Mahindra Financial
Finance 0.58%
Services Limited
Emami Limited Personal Products 0.55%

This product is suitable for investors who are seeking*:

Moderate Moderately
High • Long term capital appreciation
Low to
Moderate
High
• Investment predominantly in equity and equity-related securities in Indian markets and foreign securities, with higher
focus on undervalued securities
Low
Very High *Investors should consult their financial advisers if in doubt about whether the product is suitable for them.

RISKOMETER
Please note that the above risk-o-meter is as per the product labelling of the scheme available as on the date of this communication/ disclosure. Any change in
Investors understand that their principal risk-o-meter shall be communicated by way of Notice cum Addendum and by way of an e-mail or SMS to unitholders of that particular Scheme.
will be at Very High risk

19
 HSBC Business Cycles Fund
Thematic Fund - An open ended equity scheme following business cycles based investing theme.
Investment Objective: To seek to generate long-term capital appreciation from a portfolio of predominantly equity and equity related securities, including
equity derivatives, in the Indian market with focus on riding business cycles through dynamic allocation between various sectors and stocks at different
stages of business cycles in the economy.
The Scheme could also additionally invest in Foreign Securities.
There is no assurance that the objective of the Scheme will be realised and the Scheme does not assure or guarantee any returns.

Fund Details Issuer Industry/Rating % to Net Assets Issuer Industry/Rating % to Net Assets

Date of Allotment 20-Aug-14 EQUITY 97.99% APL Apollo Tubes Limited Industrial Products 0.55%
Trent Limited Retailing 8.08% Bank of Baroda Banks 0.54%
Benchmark Nifty 500 TRI 6
ICICI Bank Limited Banks 5.39% IIFL Securities Limited Capital Markets 0.51%
NAV (as on 30.09.24) Multi Commodity Exchange of Hi-Tech Pipes Limited Industrial Products 0.50%
Capital Markets 5.32%
India Limited Ganesha Ecosphere Limited Textiles & Apparels 0.49%
Growth ₹ 44.4172
Reliance Industries Limited Petroleum Products 3.99% Mahindra Lifespace Developers
Direct Growth ₹ 48.4531 HDFC Bank Limited Banks 3.34% Limited
Realty 0.47%

AUM (as on 30.09.24) ₹ 1,003.45 Cr. Ahluwalia Contracts (India) PNB Housing Finance Limited Finance 0.47%
Construction 3.14%
AAUM (for the month Limited Bharat Bijlee Limited Electrical Equipment 0.41%
₹ 991.98 Cr. Power Mech Projects Limited Construction 3.04%
of Sep) Transformers And Rectifiers
Electrical Equipment 0.20%
Larsen & Toubro Limited Construction 3.00% (India) Limited
Fund Manager & Experience
Bharat Electronics Limited Aerospace & Defense 2.84% Cash Equivalent 2.01%
Gautam Bhupal (Equity) TREPS* 2.24%
ABB India Limited Electrical Equipment 2.62%
Total Experience 20 Years Century Textiles & Industries Paper Forest & Jute Net Current Assets: -0.23%
Managing this fund Since Jun 01 2023 2.48%
Limited Products Total Net Assets as on 30-September-2024 100.00%
Venugopal Manghat (Equity) Blue Star Limited Consumer Durables 2.46% *TREPS : Tri-Party Repo fully collateralized by G-Sec
Total Experience 28 Years Financial Technology
PB Fintech Limited 2.41%
Managing this fund Since Aug 20 2014 (Fintech)
Industry Allocation
Kirloskar Pneumatic Co Limited Industrial Products 2.33%
Sonal Gupta (Overseas Investments)
Cement & Cement
Total Experience 20 Years UltraTech Cement Limited 2.31% Construction 14.88%
Products
Managing this fund Since Jul 05 2021 Banks 11.07%
Aegis Logistics Limited Gas 2.20%
Retailing 8.08%
Minimum Investment1 Power Finance Corporation
Finance 1.91% Capital Markets 7.12%
Limited
Lumpsum ₹ 5,000 Industrial Products 6.78%
State Bank of India Banks 1.80%
SIP## Please refer page 79 Consumer Durables 5.73%
Chemicals & Petro-
Epigral Limited 1.74% Electrical Equipment 5.22%
Additional Purchase ₹ 1,000 chemicals
Finance 4.15%
Entry load: “NA” Gokaldas Exports Limited Textiles & Apparels 1.71%
Petroleum Products 3.99%
KEC International Limited Construction 1.65%
Exit load: • If the units redeemed or switched out Cement & Cement Products 3.28%
are upto 10% of the units purchased or switched in Indian Hume Pipe Company
Industrial Manufacturing 1.64% Chemicals & Petrochemicals 3.09%
(“the limit”) within 1 year from the date of allotment Limited
Aerospace & Defense 2.84%
- Nil Time Technoplast Limited Industrial Products 1.61%
• If units redeemed or switched out are over and Paper Forest & Jute Products 2.48%
TVS Motor Company Limited Automobiles 1.42%
above the limit within 1 year from the date of allot- Industrial Manufacturing 2.41%
ment - 1% Brigade Enterprises Limited Realty 1.41% Financial Technology (Fintech) 2.41%
• If units are redeemed or switched out on or after 1 Gujarat Fluorochemicals Chemicals & Petro- Auto Components 2.40%
1.35%
year from the date of allotment - Nil Limited chemicals
Reverse Repos/TREPS 2.24%
Quantitative Data2 Mangalore Chemicals & Fertilizers & Agrochem-
1.33% Textiles & Apparels 2.20%
Fertilizers Limited icals
Standard Deviation 14.19% Gas 2.20%
Beta (Slope) 0.98 BSE Limited Capital Markets 1.29%
Realty 1.88%
Sharpe Ratio 3 1.19 Sterling and Wilson Renewable Automobiles 1.42%
Construction 1.26%
Energy Limited
R2 0.84% Fertilizers & Agrochemicals 1.33%
Amber Enterprises India
Month End Total Expenses Ratios Consumer Durables 1.13% Non - Ferrous Metals 1.09%
Limited
(Annualized)4 Leisure Services 0.99%
Bansal Wire Industries Ltd. Industrial Products 1.12%
Regular5 2.28% Ferrous Metals 0.95%
Titan Company Limited Consumer Durables 1.11%
Net Current Assets - 0.19%
Direct 1.21% Hindalco Industries Limited Non - Ferrous Metals 1.09%
Portfolio Turnover Kajaria Ceramics Limited Consumer Durables 1.03%
0.29 Portfolio Classification By Market Segment Class (%)
(1 year) NCC Limited Construction 1.01%
1
in multiples of Re 1 thereafter. Suzlon Energy Limited Electrical Equipment 1.00%
Quantitative Data disclosed are as per monthly returns 10.72% 2.01%
2
EIH Limited Leisure Services 0.99%
(Annualized) for the last 3 years.
GE TandD India Limited Electrical Equipment 0.99%
3
Risk free rate: 6.76% (FIMMDA-NSE Mibor) as on Sep 30, 2024)
4
TER Annualized TER including GST on Investment Management Cement & Cement
Birla Corporation Limited 0.97%
Fees Products
5
Continuing plans Jindal Stainless Limited Ferrous Metals 0.95%
6
As per clause 1.9 of the SEBI Master Circular for Mutual Funds
Rec Limited Finance 0.92% 46.06%
no. SEBI/HO/IMD/IMD-PoD-1/P/CIR/2024/90 dated June 27,
2024, on ‘Guiding Principles for bringing uniformity in Benchmarks HG Infra Engineering Limited Construction 0.91% 41.21%
of Mutual Fund Schemes’ has introduced two-tiered structure for
benchmarking of certain categories of schemes. Accordingly, the PNC Infratech Limited Construction 0.87%
benchmark has been classified as Tier 1 benchmark. Furthermore, Amara Raja Energy & Mobility
the same is effective from 01 December 2021. Auto Components 0.85%
Limited
Cholamandalam Investment &
Finance 0.85%
Finance Company Limited
Small Cap Large Cap Mid Cap
Sundram Fasteners Limited Auto Components 0.84%
Pitti Engineering Ltd. Industrial Manufacturing 0.77% Debt
Motherson Sumi Wiring India
Auto Components 0.71%
Limited
Timken India Limited Industrial Products 0.67%

This product is suitable for investors who are seeking*:

Moderate Moderately
High • Long term capital appreciation.
Low to
Moderate
High
• Investment predominantly in equity and equity-related securities, including equity derivatives in Indian markets with focus
on riding business cycles through dynamic allocation between various sectors and stocks at different stages of business
cycles in the economy
Low
Very High
*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
RISKOMETER

Investors understand that their principal

Please note that the above risk-o-meter is as per the product labelling of the scheme available as on the date of this communication/ disclosure. Any change in
will be at Very High risk risk-o-meter shall be communicated by way of Notice cum Addendum and by way of an e-mail or SMS to unitholders of that particular Scheme.

20
 HSBC Consumption Fund
Thematic Fund - An open ended equity scheme following consumption theme
Investment Objective: The investment objective of the Fund is to generate long-term capital growth from an actively managed portfolio of
equity and equity related securities of companies engaged in or expected to benefi t from consumption and consumption related activities.
However, there can be no assurance or guarantee that the investment objective of the scheme will be achieved.

Fund Details Issuer Industry/Rating % to Net Assets Issuer Industry/Rating % to Net Assets

Date of Allotment 31-Aug-23 EQUITY 95.99% Kajaria Ceramics Limited Consumer Durables 0.92%
Nifty India Bharti Airtel Limited Telecom - Services 5.64% Credo Brands Marketing
Retailing 0.88%
Varun Beverages Limited Beverages 4.78% Limited
Benchmark Consumption Index
TRI4 Multi Commodity Ex- Redtape Limited Consumer Durables 0.86%
Capital Markets 3.76%
NAV (as on 30.09.24) change of India Limited Entero Healthcare Solu-
Retailing 0.85%
Titan Company Limited Consumer Durables 3.69% tions Limited
Growth ₹ 15.2672 Gillette India Limited Personal Products 0.84%
Zomato Limited Retailing 3.68%
Direct Growth ₹ 15.4986 SOBHA LTD - PARTLY
Avenue Supermarts Realty 0.10%
AUM (as on 30.09.24) ₹ 1,621.52 Cr. Retailing 3.64% PAID
Limited
AAUM (for the month Hindustan Unilever Limited Diversified FMCG 3.48% Cash Equivalent 4.01%
₹ 1,598.20 Cr.
of Sep) TREPS* 4.20%
Kalyan Jewellers India
Fund Manager & Experience Consumer Durables 3.43%
Limited Net Current Assets: -0.19%
Gautam Bhupal (Equity) Dixon Technologies (India) Total Net Assets as on 30-September-2024 100.00%
Consumer Durables 3.42%
Total Experience 20 Years Limited *TREPS : Tri-Party Repo fully collateralized by G-Sec
Managing this fund Since Aug 31, 2023 PB Fintech Limited
Financial Technology
3.36%
(Fintech)
Anish Goenka (Equity)
Bikaji Foods International Industry Allocation
Total Experience 12 Years Food Products 2.78%
Limited
Managing this fund Since Oct 01, 2023
Trent Limited Retailing 2.77%
Sonal Gupta (Overseas Investments) Consumer Durables 19.99%
Godrej Consumer Prod-
Total Experience 20 Years Personal Products 2.52% Retailing 15.14%
ucts Limited
Managing this fund Since Aug 31, 2023 Beverages 8.53%
Radico Khaitan Limited Beverages 2.45%
Minimum Investment1 Automobiles 5.65%
Global Health Limited Healthcare Services 2.42%
Lumpsum ₹ 5,000 Telecom - Services 5.64%
Havells India Limited Consumer Durables 2.27%
SIP## Please refer page 79 Capital Markets
Rainbow Children''s 5.54%
Additional Purchase ₹ 1,000 Healthcare Services 2.26%
Medicare Limited Realty 5.21%
Entry load: “NA” Maruti Suzuki India Limited Automobiles 2.14% Diversified FMCG 4.71%
Exit load: If units redeemed or switched out TVS Motor Company
Automobiles 2.14% Healthcare Services 4.68%
are upto 10% of the units purchased or switched Limited
in within 1 year from the date of allotment – Nil Leisure Services 4.31%
If units redeemed or switched out are over and above
Lemon Tree Hotels Limited Leisure Services 1.97%
Reverse Repos/TREPS 4.20%
the limit within 1 year from the date of allotment – 1% DLF Limited Realty 1.91%
If units are redeemed or switched out on or after 1 Personal Products 3.36%
year from the date of allotment – Nil
Amber Enterprises India
Consumer Durables 1.86%
Limited Financial Technology (Fintech) 3.36%
Month End Total Expenses Ratios
360 One Wam Limited Capital Markets 1.78% Food Products 2.78%
(Annualized)2
Phoenix Mills Limited Realty 1.74% Finance 1.69%
Regular3 2.08%
Cholamandalam Financial Paper Forest & Jute Products 1.61%
Direct 0.71% Finance 1.69%
Holdings Limited
Textiles & Apparels 1.43%
Portfolio Turnover
0.04 Voltas Limited Consumer Durables 1.62%
(1 year) Agricultural Food & other Products 1.26%
Century Textiles & Indus- Paper Forest & Jute
1.61% Entertainment 1.10%
1
in multiples of Re 1 thereafter. tries Limited Products
TER Annualized TER including GST on Investment
2
Sobha Limited Realty 1.46% Net Current Assets - 0.21%
Management Fees
Page Industries Limited Textiles & Apparels 1.43%
3
Continuing plans
Bajaj Auto Limited Automobiles 1.37%
4
As per clause 1.9 of the SEBI Master Circular for Mutual Portfolio Classification By Market Segment Class (%)
Funds no. SEBI/HO/IMD/IMD-PoD-1/P/CIR/2024/90 Devyani International
Leisure Services 1.36%
dated June 27, 2024, on ‘Guiding Principles for bringing Limited
uniformity in Benchmarks of Mutual Fund Schemes’ Globus Spirits Ltd Beverages 1.30% 4.01%
has introduced two-tiered structure for benchmarking CCL Products (India) Agricultural Food &
of certain categories of schemes. Accordingly, the 1.26%
Limited other Products
benchmark has been classified as Tier 1 benchmark. 19.37% 40.03%
Furthermore , the same is effective from 01 December Hindustan Foods Limited Diversified FMCG 1.23%
2021. Vedant Fashions Limited Retailing 1.16%
PVR INOX Limited Entertainment 1.10%
Sai Silks Kalamandir
Retailing 1.09% 36.59%
Limited
Electronics Mart India
Retailing 1.07%
Limited
Jubilant Foodworks Limited Leisure Services 0.98% Large Cap Small Cap Mid Cap
Metro Brands Limited Consumer Durables 0.97%
Safari Industries India Debt
Consumer Durables 0.95%
Limited

This product is suitable for investors who are seeking*:

Moderate Moderately
High • To create wealth over long-term.
Low to
Moderate
High
• Investment predominantly in equity and equity related securities of companies engaged in or expected to benefit from
consumption and consumption related activities
Low
Very High *Investors should consult their financial advisers if in doubt about whether the product is suitable for them.

RISKOMETER
Please note that the above risk-o-meter is as per the product labelling of the scheme available as on the date of this communication/ disclosure. Any change in
Investors understand that their principal risk-o-meter shall be communicated by way of Notice cum Addendum and by way of an e-mail or SMS to unitholders of that particular Scheme.
will be at Very High risk

21
 HSBC India Export Opportunities Fund
Thematic Fund - An open ended equity scheme following export theme
Investment Objective: The investment objective of the scheme is to generate long-term capital growth from an actively managed portfolio
of equity and equity related securities of companies engaged in or expected to benefit from export of goods or services. There is no
assurance that the objective of the scheme will be realised and the scheme does not assure or guarantee any returns.

Fund Details Issuer Industry/Rating % to Net Assets Issuer Industry/Rating % to Net Assets

Date of Allotment 25-Sep-24 EQUITY 37.56% Pearl Global Industries

Textiles & Apparels 0.37%
Reliance Industries Limited Petroleum Products 1.86% Limited
Benchmark Nifty 500 TRI4
Bharti Airtel Limited Telecom - Services 1.83% Niit Learning Systems Other Consumer
0.15%
NAV (as on 30.09.24) Limited Services
Agricultural Food &
Marico Limited 1.82% Cash Equivalent 62.44%
Growth ₹ 9.9804 other Products
Direct Growth ₹ 9.9827 Larsen & Toubro Limited Construction 1.81% TREPS* 63.59%
Sun Pharmaceutical Pharmaceuticals & Net Current Assets: -1.15%
AUM (as on 30.09.24) ₹ 1,749.56 Cr. 1.46%
Industries Limited Biotechnology Total Net Assets as on 30-September-2024 100.00%
AAUM (for the month
₹ 350.77 Cr. HDFC Bank Limited Banks 1.39% *TREPS : Tri-Party Repo fully collateralized by G-Sec
of Sep)
Fund Manager & Experience Hindalco Industries Limited Non - Ferrous Metals 1.27%
Abhishek Gupta (Equity) Hindustan Aeronautics Industry Allocation
Aerospace & Defense 1.19%
Limited
Total Experience 19 Years Reverse Repos/TREPS 63.59%
Managing this fund Since Sep 30, 2024 Tech Mahindra Limited IT - Software 1.09%
Pharmaceuticals & Biotechnology 4.09%
Mr. Siddharth Vora (Equity) GE TandD India Limited Electrical Equipment 1.02% IT - Software 3.64%
Avalon Technologies Electrical Equipment 2.99%
Total Experience 12 Years Electrical Equipment 1.00%
Limited Construction 2.77%
Managing this fund Since Oct 01, 2024
Pharmaceuticals & Agricultural Food & other Products 2.50%
Sonal Gupta (Overseas Investments) Lupin Limited 0.99%
Biotechnology Textiles & Apparels 2.00%
Total Experience 20 Years Siemens Limited Electrical Equipment 0.97% Petroleum Products 1.86%
Managing this fund Since Sep 30, 2024 Telecom - Services 1.83%
Pharmaceuticals &
Minimum Investment1 Divi''s Laboratories Limited 0.96% Chemicals & Petrochemicals 1.69%
Biotechnology
Industrial Products 1.65%
Lumpsum ₹ 5,000 Samvardhana Motherson
Auto Components 0.96% Commercial Services & Supplies 1.46%
SIP ##
Please refer page 79 International Limited Banks 1.39%
Additional Purchase ₹ 1,000 Sterling and Wilson Re- Non - Ferrous Metals 1.27%
Construction 0.96%
newable Energy Limited Aerospace & Defense 1.19%
Entry load: “NA”
Bajaj Auto Limited Automobiles 0.95% Auto Components 0.96%
Exit load: If the units redeemed or switched out are Automobiles 0.95%
upto 10% of the units purchased or switched in Jindal Saw Limited Industrial Products 0.95%
Leisure Services 0.90%
(“the limit”) within 1 year from the date of allotment Chemicals & Petro-
– Nil. If units redeemed or switched out are over and Aarti Industries Limited 0.94% Beverages 0.88%
chemicals
above the limit within 1 year from the date of allotment Industrial Manufacturing 0.76%
– 1%. If units are redeemed or switched out on or after LTIMindtree Limited IT - Software 0.94% Consumer Durables 0.71%
1 year from the date of allotment – Nil. KPIT Technologies Limited IT - Software 0.94% Healthcare Services 0.71%
Month End Total Expenses Ratios Indo Count Industries Fertilizers & Agrochemicals 0.70%
(Annualized)2 Textiles & Apparels 0.92% Capital Markets 0.51%
Limited
Regular3 2.06% Other Consumer Services 0.15%
Jubilant Foodworks Limited Leisure Services 0.90%
Net Current Assets -1.16%
Direct 0.64% Varun Beverages Limited Beverages 0.88%
Portfolio Turnover Commercial Services
-- eClerx Services Limited 0.77%
(1 year) & Supplies
Portfolio Classification By Market Segment Class (%)
1
in multiples of Re 1 thereafter. Jyoti CNC Automation Industrial Manufac-
0.76%
TER Annualized TER including GST on Investment
2 Limited turing
6.77%
Management Fees Chemicals & Petro-
Vinati Organics Limited 0.75%
3
Continuing plans chemicals
13.23% 62.44%
4
As per clause 1.9 of the SEBI Master Circular for Mutual KPR Mill Limited Textiles & Apparels 0.71%
Funds no. SEBI/HO/IMD/IMD-PoD-1/P/CIR/2024/90 Syngene International
dated June 27, 2024, on ‘Guiding Principles for bringing Healthcare Services 0.71%
Limited
uniformity in Benchmarks of Mutual Fund Schemes’
has introduced two-tiered structure for benchmarking
Dixon Technologies (India)
Consumer Durables 0.71%
of certain categories of schemes. Accordingly, the
Limited 17.56%
benchmark has been classified as Tier 1 benchmark. Carborundum Universal
Industrial Products 0.70%
Furthermore , the same is effective from 01 December Limited
2021. Fertilizers & Agro-
PI Industries Litmited 0.70%
chemicals Debt Large Cap Small Cap
Firstsource Solutions Commercial Services
0.69% Mid Cap
Limited & Supplies
CCL Products (India) Agricultural Food &
0.68%
Limited other Products
JB Chemicals and Phar- Pharmaceuticals &
0.68%
maceuticals Limited Biotechnology
Zensar Technologies
IT - Software 0.67%
Limited
IIFL Securities Limited Capital Markets 0.51%

This product is suitable for investors who are seeking*:

Moderate Moderately
High • To create wealth over long term
Low to
Moderate
High
• Investment predominantly in equity and equity related securities of companies engaged in or expected to benefit from
export of goods or services
Low
Very High *Investors should consult their financial advisers if in doubt about whether the product is suitable for them.

RISKOMETER
Please note that the above risk-o-meter is as per the product labelling of the scheme available as on the date of this communication/ disclosure. Any change in
Investors understand that their principal risk-o-meter shall be communicated by way of Notice cum Addendum and by way of an e-mail or SMS to unitholders of that particular Scheme.
will be at Very High risk

22
 HSBC Nifty 50 Index Fund
Index Fund - An open-ended Equity Scheme tracking NIFTY 50 Index.
Investment Objective: The scheme will adopt a passive investment strategy. The scheme will invest in stocks comprising the Nifty 50 index in the same
proportion as in the index with the objective of achieving returns equivalent to the Total Returns Index of Nifty 50 index by minimizing the performance
difference between the benchmark index and the scheme. The Total Returns Index is an index that reflects the returns on the index from index gain /
loss plus dividend payments by the constituent stocks.
There is no assurance that the investment objective of the Scheme will be realized.

Fund Details Issuer Industry/Rating % to Net Assets Issuer Industry/Rating % to Net Assets

Date of Allotment 15-Apr-20 EQUITY 99.94% Bharat Petroleum Corporation

Petroleum Products 0.62%
Limited
HDFC Bank Limited Banks 11.33%
Benchmark Nifty 50 TRI4 Eicher Motors Limited Automobiles 0.60%
Reliance Industries Limited Petroleum Products 8.64%
NAV (as on 30.09.24) ICICI Bank Limited Banks 7.74%
Cash Equivalent 0.06%
TREPS* 0.13%
Growth ₹ 29.5526 Infosys Limited IT - Software 5.82%
Net Current Assets: -0.07%
Direct Growth ₹ 30.0053 ITC Limited Diversified FMCG 4.16%
Total Net Assets as on 30-September-2024 100.00%
AUM (as on 30.09.24) ₹ 302.01 Cr. Bharti Airtel Limited Telecom - Services 3.95%
*TREPS : Tri-Party Repo fully collateralized by G-Sec
Tata Consultancy Services
AAUM (for the month IT - Software 3.76%
₹ 298.12 Cr. Limited
of Sep)
Larsen & Toubro Limited Construction 3.73%
Fund Manager & Experience
Axis Bank Limited Banks 3.03%
Industry Allocation
Praveen Ayathan (Equity) State Bank of India Banks 2.61% Banks 27.88%
Total Experience 32 Years Mahindra & Mahindra Limited Automobiles 2.38% IT - Software 12.74%
Managing this fund Since Apr 15, 2020 Petroleum Products
Kotak Mahindra Bank Limited Banks 2.35% 9.26%
Rajeesh Nair (Equity) Hindustan Unilever Limited Diversified FMCG 2.27% Automobiles 8.08%
Total Experience 13 Years Bajaj Finance Limited Finance 1.86%
Diversified FMCG 6.43%
Managing this fund Since Oct 01, 2023 NTPC Limited Power 1.81%
Telecom - Services 3.95%
Construction 3.73%
Minimum Investment1 Sun Pharmaceutical Industries Pharmaceuticals &
1.79% Finance 3.65%
Lumpsum ₹ 5,000 Limited Biotechnology
Pharmaceuticals & Biotechnology 3.28%
Tata Motors Limited Automobiles 1.78%
SIP## Please refer page 79 Power 3.19%
HCL Technologies Limited IT - Software 1.64% Consumer Durables
Additional Purchase ₹ 1,000 2.66%
Maruti Suzuki India Limited Automobiles 1.50% Cement & Cement Products 2.06%
Entry load: “NA”
Trent Limited Retailing 1.45% Ferrous Metals 2.05%
Exit load: • If the units redeemed or switched Power Grid Corporation of Food Products 1.47%
out are upto 10% of the units purchased or Power 1.38%
India Limited Retailing 1.45%
switched in (“the limit”) within 1 Month from Titan Company Limited Consumer Durables 1.36% Insurance 1.37%
the date of allotment - Nil Oil 1%
Asian Paints Limited Consumer Durables 1.30%
• If units redeemed or switched out are over Consumable Fuels 1%
and above the limit within 1 Month from the Tata Steel Limited Ferrous Metals 1.20%
Non - Ferrous Metals 0.95%
date of allotment - 1% Bajaj Auto Limited Automobiles 1.18%
Transport Infrastructure 0.92%
• If units are redeemed or switched out on or Cement & Cement
UltraTech Cement Limited 1.16% Aerospace & Defense 0.88%
after 1 Month from the date of allotment - Nil Products
Agricultural Food & other Products 0.67%
Month End Total Expenses Ratios Coal India Limited Consumable Fuels 1.00%
Metals & Minerals Trading 0.64%
(Annualized)2 Oil & Natural Gas Corporation
Oil 1.00% Healthcare Services 0.63%
Regular5 0.45% Limited
Reverse Repos/TREPS 0.13%
Hindalco Industries Limited Non - Ferrous Metals 0.95%
Direct 0.20% Net Current Assets - 0.11%
Bajaj Finserv Limited Finance 0.93%
Portfolio Turnover
0.08 Adani Ports and Special
(1 year) Transport Infrastructure 0.92%
Economic Zone Limited
Tracking Difference Portfolio Classification By Market Segment Class (%)
Cement & Cement
Grasim Industries Limited 0.90%
Regular -0.89% Products

Direct -0.46% Bharat Electronics Limited Aerospace & Defense 0.88%

0.06%
Tech Mahindra Limited IT - Software 0.86%
Tracking Error
Shriram Finance Limited Finance 0.86%
Regular 0.06%
JSW Steel Limited Ferrous Metals 0.85%
Direct 0.06%
Nestle India Limited Food Products 0.83%
1
in multiples of Re 1 thereafter. IndusInd Bank Limited Banks 0.82%
2
TER Annualized TER including GST on Investment Pharmaceuticals & 99.94%
Management Fees Cipla Limited 0.78%
Biotechnology
3
Continuing plans
SBI Life Insurance Company
4
As per clause 1.9 of the SEBI Master Circular for Mutual Insurance 0.71%
Limited
Funds no. SEBI/HO/IMD/IMD-PoD-1/P/CIR/2024/90
dated June 27, 2024, on ‘Guiding Principles for bringing Dr Reddy''s Laboratories Pharmaceuticals &
0.71%
uniformity in Benchmarks of Mutual Fund Schemes’ Limited Biotechnology
has introduced two-tiered structure for benchmarking Tata Consumer Products Agricultural Food & other Large Cap Debt
0.67%
of certain categories of schemes. Accordingly, the Limited Products
benchmark has been classified as Tier 1 benchmark. HDFC Life Insurance Company
Furthermore , the same is effective from 01 December Insurance 0.66%
Limited
2021.
Wipro Limited IT - Software 0.66%
Britannia Industries Limited Food Products 0.64%
Hero MotoCorp Limited Automobiles 0.64%
Adani Enterprises Limited Metals & Minerals Trading 0.64%
Apollo Hospitals Enterprise
Healthcare Services 0.63%
Limited

This product is suitable for investors who are seeking*:

Moderate Moderately
High • Long term capital appreciation
Low to High
Moderate • Investment in equity securities covered by the NIFTY 50

*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
Low
Very High

RISKOMETER
Please note that the above risk-o-meter is as per the product labelling of the scheme available as on the date of this communication/ disclosure. Any change in
Investors understand that their principal risk-o-meter shall be communicated by way of Notice cum Addendum and by way of an e-mail or SMS to unitholders of that particular Scheme.
will be at Very High risk

23
 HSBC Nifty Next 50 Index Fund
Index Fund - An open-ended Equity Scheme tracking Nifty Next 50 Index
Investment Objective: The scheme will adopt a passive investment strategy. The scheme will invest in stocks comprising the Nifty Next 50 index in
the same proportion as in the index with the objective of achieving returns equivalent to the Total Returns Index of Nifty Next 50 index by minimizing the
performance difference between the benchmark index and the scheme. The Total Returns Index is an index that reflects the returns on the index from
index gain/ loss plus dividend payments by the constituent stocks.
There is no assurance that the investment objective of the Scheme will be realized.

Fund Details Issuer Industry/Rating % to Net Assets Issuer Industry/Rating % to Net Assets
EQUITY 99.99% Union Bank of India Banks 0.27%
Date of Allotment 15-Apr-20
Vedanta Limited Diversified Metals 4.23% Life Insurance Corporation of
Insurance 0.25%
Benchmark Nifty Next 50 TRI 4
India Limited
Hindustan Aeronautics Limited Aerospace & Defense 4.09% Adani Total Gas Limited Gas 0.25%
NAV (as on 30.09.24) InterGlobe Aviation Limited Transport Services 4.03% Cash Equivalent 0.01%
Growth ₹ 32.9856 Tata Power Company Limited Power 3.97% TREPS* 0.11%
Power Finance Corporation Net Current Assets: -0.10%
Direct Growth ₹ 33.6550 Finance 3.45%
Limited Total Net Assets as on 30-September-2024 100.00%
AUM (as on 30.09.24) ₹ 140.13 Cr.
Rec Limited Finance 3.37% *TREPS : Tri-Party Repo fully collateralized by G-Sec
AAUM (for the month
₹ 137.07 Cr. Divi''s Laboratories Limited
Pharmaceuticals &
3.36%
of Sep) Biotechnology
Fund Manager & Experience Indian Oil Corporation Limited Petroleum Products 3.29% Industry Allocation
Praveen Ayathan (Equity) Cholamandalam Investment &
Finance 3.26%
Finance Company Limited Finance 12.23%
Total Experience 32 Years
TVS Motor Company Limited Automobiles 3.25% Electrical Equipment 6.92%
Managing this fund Since Apr 15, 2020
GAIL India Limited Gas 3.16% Power 6.60%
Rajeesh Nair (Equity)
Siemens Limited Electrical Equipment 3.12% Pharmaceuticals & Biotechnology 6.19%
Total Experience 13 Years Banks 5.89%
Info Edge (India) Limited Retailing 3.07%
Managing this fund Since Oct 01, 2023
Retailing 5.87%
Samvardhana Motherson
Minimum Investment 1
International Limited
Auto Components 2.87% Auto Components 4.46%
Lumpsum ₹ 5,000 LTIMindtree Limited IT - Software 2.81% Personal Products 4.35%

SIP## Please refer page 79 DLF Limited Realty 2.79% Insurance 4.24%
Diversified Metals 4.23%
Additional Purchase ₹ 1,000 Godrej Consumer Products
Personal Products 2.55%
Limited Aerospace & Defense 4.09%
Entry load: “NA” Transport Services
ICICI Lombard General Insur- 4.03%
Exit load: • If the units redeemed or switched out Insurance 2.52%
ance Company Limited Cement & Cement Products 3.58%
are upto 10% of the units purchased or switched in
Chemicals & Petro- Gas 3.41%
(“the limit”) within 1 Month from the date of allotment Pidilite Industries Limited 2.50%
chemicals Petroleum Products
- Nil 3.29%
• If units redeemed or switched out are over and Havells India Limited Consumer Durables 2.48% Automobiles 3.25%
above the limit within 1 Month from the date of allot- United Spirits Limited Beverages 2.28% Realty 3.18%
ment - 1%
• If units are redeemed or switched out on or after 1 Bank of Baroda Banks 2.25% Beverages 3.11%
Month from the date of allotment - Nil ABB India Limited Electrical Equipment 2.05% IT - Software 2.81%
Month End Total Expenses Ratios Zomato Limited Retailing 1.94% Chemicals & Petrochemicals 2.50%
(Annualized)2 Jindal Steel & Power Limited Ferrous Metals 1.92% Consumer Durables 2.48%

Regular5 0.80% Ferrous Metals 1.92%

Cement & Cement
Ambuja Cements Limited 1.86%
Products Leisure Services 1.36%
Direct 0.35%
Canara Bank Banks 1.82% Reverse Repos/TREPS 0.11%
Portfolio Turnover
0.47 Dabur India Limited Personal Products 1.80% Net Current Assets -0.10%
(1 year)
Bharat Heavy Electricals
Tracking Difference Limited
Electrical Equipment 1.75%
Regular -1.43% Cement & Cement
Shree Cement Limited 1.72% Portfolio Classification By Market Segment Class (%)
Direct -0.84% Products
Bosch Limited Auto Components 1.59%
Tracking Error
Punjab National Bank Limited Banks 1.55% 8.42% 0.01%
Regular 0.10%
Torrent Pharmaceuticals Pharmaceuticals &
Direct 0.10% 1.53%
Limited Biotechnology
ICICI Prudential Life Insurance
1
in multiples of Re 1 thereafter. Insurance 1.47%
Company Limited
2
TER Annualized TER including GST on Investment
Management Fees Indian Railway Catering &
Leisure Services 1.36%
Tourism Corporation Ltd
3
Continuing plans
Jio Financial Services Limited Finance 1.31% 91.57%
4
As per clause 1.9 of the SEBI Master Circular for Mutual
Funds no. SEBI/HO/IMD/IMD-PoD-1/P/CIR/2024/90 Pharmaceuticals &
Zydus Lifesciences Limited 1.30%
dated June 27, 2024, on ‘Guiding Principles for bringing Biotechnology
uniformity in Benchmarks of Mutual Fund Schemes’
Avenue Supermarts Limited Retailing 0.86%
has introduced two-tiered structure for benchmarking
of certain categories of schemes. Accordingly, the Varun Beverages Limited Beverages 0.83%
Large Cap Mid Cap Debt
benchmark has been classified as Tier 1 benchmark. Adani Green Energy Limited Power 0.78%
Furthermore , the same is effective from 01 December
2021. Adani Power Limited Power 0.65%
Bajaj Holdings & Investments
Finance 0.52%
Limited
JSW Energy Limited Power 0.44%
Adani Energy Solutions Limited Power 0.42%
MACROTECH DEVELOP-
Realty 0.39%
ERS LTD
NHPC Limited Power 0.34%
Indian Railway Finance
Finance 0.32%
Corporation Limited

Moderate Moderately
This product is suitable for investors who are seeking*:
Low to
High
• Long term capital appreciation
High
Moderate
• Investment in equity securities covered by the NIFTY NEXT 50

Low
Very High
*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.

RISKOMETER

Investors understand that their principal

Please note that the above risk-o-meter is as per the product labelling of the scheme available as on the date of this communication/ disclosure. Any change in
will be at Very High risk risk-o-meter shall be communicated by way of Notice cum Addendum and by way of an e-mail or SMS to unitholders of that particular Scheme.

24
 HSBC ELSS Tax Saver Fund
ELSS Fund - An open ended equity linked saving scheme with a statutory lock in of 3 years and tax benefit
Investment Objective: To generate long-term capital growth from a diversified portfolio of predominantly equity and equity-related
securities. There is no assurance that the objective of the Scheme will be realised and the Scheme does not assure or guarantee any returns.
For defensive considerations and/or managing liquidity, the Scheme may also invest in money market instruments.

Fund Details % to Net % to Net

Issuer Industry/Rating Issuer Industry/Rating
Assets Assets
Date of Allotment 27-Feb-06 EQUITY 99.61% Thangamayil Jewellery Ltd. Consumer Durables 0.59%
Benchmark Nifty 500 TRI6 HDFC Bank Limited Banks 4.49% Lemon Tree Hotels Limited Leisure Services 0.59%
ICICI Bank Limited Banks 3.28% UNO Minda Limited Auto Components 0.58%
NAV (as on 30.09.24) Reliance Industries Limited Petroleum Products 3.13% Pearl Global Industries Limited Textiles & Apparels 0.58%
Infosys Limited IT - Software 2.94% Polycab India Limited Industrial Products 0.57%
Growth ₹ 138.5721 Trent Limited Retailing 2.67% Cello World Limited Consumer Durables 0.53%
Larsen & Toubro Limited Construction 2.47% DOMS Industries Limited Household Products 0.40%
Direct Growth ₹ 150.0774 Persistent Systems Limited IT - Software 2.24% Jio Financial Services Limited Finance 0.35%
Zomato Limited Retailing 2.13% Pharmaceuticals & Biotech-
AUM (as on 30.09.24) ₹ 4,485.23 Cr. Concord Biotech Limited
nology
0.31%
Shriram Finance Limited Finance 2.06%
AAUM (for the month KPIT Technologies Limited IT - Software 1.88% Titan Company Limited Consumer Durables 0.29%
₹ 4,456.23 Cr. Jindal Saw Limited Industrial Products 1.81% Techno Electric & Engineering
of Sep) Construction 0.22%
Blue Star Limited Consumer Durables 1.80% Company Limited
Fund Manager & Experience Bharti Airtel Limited Telecom - Services 1.78% Pitti Engineering Ltd. Industrial Manufacturing 0.17%
State Bank of India Banks 1.73% SOBHA LTD - PARTLY PAID Realty 0.06%
Abhishek Gupta (Equity) CG Power and Industrial Solutions Cash Equivalent 0.39%
Electrical Equipment 1.61%
Total Experience 19 Years Limited TREPS* 1.05%
Power Finance Corporation Net Current Assets: -0.66%
Managing this fund Since Mar, 01 2024 Limited
Finance 1.58%
Total Net Assets as on 30-September-2024 100.00%
Gautam Bhupal (Equity) Cholamandalam Investment &
Finance 1.55% *TREPS : Tri-Party Repo fully collateralized by G-Sec
Finance Company Limited
Total Experience 20 Years NTPC Limited Power 1.51%
Managing this fund Since Nov 26, 2022 Jindal Steel & Power Limited Ferrous Metals 1.50%
Agricultural Food & other Industry Allocation
Sonal Gupta (Overseas Investments) Balrampur Chini Mills Limited
Products
1.43%

Total Experience 20 Years Hindustan Aeronautics Limited Aerospace & Defense 1.38% Banks 13.38%
KEI Industries Limited Industrial Products 1.37% Electrical Equipment 9.11%
Managing this fund Since Jul 21, 2021 Sun Pharmaceutical Industries Pharmaceuticals & Biotech- IT - Software 8.72%
1.36%
Minimum Investment1 Limited nology Finance 6.94%
Axis Bank Limited Banks 1.36% Consumer Durables 5.67%
Lumpsum ₹ 500 Max Healthcare Institute Limited Healthcare Services 1.35% Retailing 4.80%
Triveni Turbine Limited Electrical Equipment 1.29% Construction 4.60%
SIP ##
Please refer page 79 JSW Energy Limited Power 1.27% Industrial Products 3.75%
Auto Components
Additional Purchase ₹ 500 Bikaji Foods International Limited Food Products 1.23%
Pharmaceuticals &
3.67%
Bajaj Auto Limited Automobiles 1.22% Biotechnology 3.23%
Entry load: “NA” Kaynes Technology India Ltd Industrial Manufacturing 1.21% Automobiles 3.20%
Oil & Natural Gas Corporation Petroleum Products 3.13%
Exit load: Nil Limited
Oil 1.16% Realty 2.84%
Quantitative Data2 Bharat Electronics Limited Aerospace & Defense 1.15% Power 2.78%
Transformers And Rectifiers Capital Markets 2.77%
Standard Deviation 13.50% Electrical Equipment 1.12% Aerospace & Defense 2.53%
(India) Limited
Mahindra & Mahindra Limited Automobiles 1.10% Healthcare Services 2.15%
Beta (Slope) 0.94 Vinati Organics Limited Chemicals & Petrochemicals 1.09% Ferrous Metals 2.14%
Telecom - Services 1.78%
Sharpe Ratio 3
0.96 Bharat Heavy Electricals Limited Electrical Equipment 1.08%
Leisure Services
The Indian Hotels Company 1.67%
R2 0.87% Leisure Services 1.08% Agricultural Food & 1.43%
Limited other Products
Nippon Life India Asset Manage- Industrial Manufacturing 1.38%
Month End Total Expenses Ratios ment Limited
Capital Markets 1.07% Food Products 1.23%
(Annualized)4 Gujarat State Petronet Limited Gas 1.05% Oil 1.16%
Karur Vysya Bank Limited Banks 1.03% Chemicals & Petrochemicals 1.09%
Regular5 1.88% Gas 1.05%
Godrej Properties Limited Realty 1.02%
Direct 1.09% Engineers India Limited Construction 1.00% Reverse Repos/TREPS 1.05%
Dabur India Limited Personal Products 1.00% Personal Products 1%
Portfolio Turnover Cement & Cement Products 0.73%
0.58 Safari Industries India Limited Consumer Durables 0.99% Agricultural Commercial &
(1 year) Tech Mahindra Limited IT - Software 0.95% Construction Vehicles 0.70%
Textiles & Apparels 0.58%
Schaeffler India Limited Auto Components 0.93%
1
in multiples of Re 1 thereafter. Sterling and Wilson Renewable
Household Products 0.40%
Construction 0.91% Net Current Assets - 0.66%
2
Quantitative Data disclosed are as per monthly Energy Limited
returns Pharmaceuticals & Biotech-
Lupin Limited 0.91%
(Annualized) for the last 3 years. nology
DLF Limited Realty 0.90%
3
Risk free rate: 6.76% (FIMMDA-NSE Mibor) as on Portfolio Classification By Market Segment Class (%)
Varroc Engineering Limited Auto Components 0.88%
Sep 30, 2024) TVS Motor Company Limited Automobiles 0.88%
0.39%
4
TER Annualized TER including GST on Investment BSE Limited Capital Markets 0.87% 21.58%
Management Fees Sobha Limited Realty 0.86%
5
Continuing plans 360 One Wam Limited Capital Markets 0.83%
ABB India Limited Electrical Equipment 0.83%
6
As per clause 1.9 of the SEBI Master Circular for Mutual Avalon Technologies Limited Electrical Equipment 0.82%
Funds no. SEBI/HO/IMD/IMD-PoD-1/P/CIR/2024/90 Siemens Limited Electrical Equipment 0.81%
dated June 27, 2024, on ‘Guiding Principles for bringing Amber Enterprises India Limited Consumer Durables 0.80% 51.29%
uniformity in Benchmarks of Mutual Fund Schemes’ has Syngene International Limited Healthcare Services 0.80%
introduced two-tiered structure for benchmarking of certain 26.74%
GE TandD India Limited Electrical Equipment 0.79%
categories of schemes. Accordingly, the benchmark has Indian Bank Banks 0.76%
been classified as Tier 1 benchmark. Furthermore , the Suzlon Energy Limited Electrical Equipment 0.76%
same is effective from 01 December 2021. UltraTech Cement Limited Cement & Cement Products 0.73%
The Karnataka Bank Limited Banks 0.73% Large Cap Small Cap Mid Cap
Zensar Technologies Limited IT - Software 0.71%
Debt
IIFL Finance Limited Finance 0.70%
Agricultural Commercial &
Escorts Kubota Limited 0.70%
Construction Vehicles
PNB Housing Finance Limited Finance 0.70%
Century Plyboards (India) Limited Consumer Durables 0.67%
Pharmaceuticals & Biotech-
Mankind Pharma Limited 0.65%
nology
Craftsman Automation Limited Auto Components 0.64%
Jindal Stainless Limited Ferrous Metals 0.64%
Exide Industries Limited Auto Components 0.64%

Moderate Moderately
This product is suitable for investors who are seeking*:
Low to
High
High
• Long term capital growth
Moderate
• Investment predominantly in equity and equity-related securities

Low
Very High
*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.

RISKOMETER

Investors understand that their principal

will be at Very High risk Please note that the above risk-o-meter is as per the product labelling of the scheme available as on the date of this communication/ disclosure. Any change in
risk-o-meter shall be communicated by way of Notice cum Addendum and by way of an e-mail or SMS to unitholders of that particular Scheme.

25
 HSBC Tax Saver Equity Fund
ELSS Fund: An Open Ended Equity Linked Savings Scheme with a statutory lock - in of 3 years and tax benefit.
Investment Objective: Aims to provide long term capital appreciation by investing in a diversified portfolio of equity & equity related
instruments of companies across various sectors and industries, with no capitalisation bias. The Fund may also invest in fixed income
securities. However, there can be no assurance or guarantee that the investment objective of the scheme would be achieved.

Fund Details Issuer Industry/Rating % to Net Assets Issuer Industry/Rating % to Net Assets
EQUITY 98.22% Mangalore Chemicals & Fertilizers & Agro-
Date of Allotment 05-Jan-07 0.61%
ICICI Bank Limited Banks 6.10% Fertilizers Limited chemicals
Benchmark Nifty 500 TRI6 Infosys Limited IT - Software 5.91% Bharat Electronics Limited Aerospace & Defense 0.55%
NAV (as on 30.09.24) Dixon Technologies (India) APL Apollo Tubes Limited Industrial Products 0.54%
Consumer Durables 4.77%
Limited GE TandD India Limited Electrical Equipment 0.52%
Growth ₹ 93.5838 HDFC Bank Limited Banks 4.61% Gujarat Fluorochemicals Chemicals & Petro-
0.50%
Direct Growth ₹ 104.3703 Reliance Industries Limited Petroleum Products 4.26% Limited chemicals
Multi Commodity Ex- Ganesha Ecosphere
AUM (as on 30.09.24) ₹ 260.63 Cr. Capital Markets 4.02% Textiles & Apparels 0.49%
change of India Limited Limited
AAUM (for the month KEI Industries Limited Industrial Products 3.35% KPIT Technologies Limited IT - Software 0.44%
₹ 259.07 Cr.
of Sep) Prudent Corporate Adviso- Cash Equivalent 1.78%
Capital Markets 3.13%
Fund Manager & Experience ry Services Limited TREPS* 1.99%
Larsen & Toubro Limited Construction 3.05% Net Current Assets: -0.21%
Gautam Bhupal
Financial Technology Total Net Assets as on 30-September-2024 100.00%
Total Experience 20 Years PB Fintech Limited 2.91%
(Fintech) *TREPS : Tri-Party Repo fully collateralized by G-Sec
Managing this fund Since July 23, 2019 Bharti Airtel Limited Telecom - Services 2.77%
Sonal Gupta (Overseas Investments) Amber Enterprises India
Consumer Durables 2.77% Industry Allocation
Total Experience 20 Years Limited
Managing this fund Since Dec, 2023 State Bank of India Banks 2.59%
TVS Motor Company Banks 15.77%
Minimum Investment1 Automobiles 2.51%
Limited Consumer Durables 12.45%
Lumpsum ₹ 500 Sun Pharmaceutical Pharmaceuticals & Capital Markets 10.15%
2.51%
SIP## Please refer page 79 Industries Limited Biotechnology IT - Software 7.91%
Axis Bank Limited Banks 2.47% Pharmaceuticals & Biotechnology 6.55%
Additional Purchase ₹ 500 Titan Company Limited Consumer Durables 2.24% Construction 5.89%
Entry load: “NA” Phoenix Mills Limited Realty 2.13% Industrial Products 5.30%
Rainbow Children''s Petroleum Products 4.26%
Exit load: Nil Healthcare Services 2.04% Realty 4.11%
Medicare Limited
Quantitative Data2 Pharmaceuticals & Automobiles 3.46%
Lupin Limited 2.03% Financial Technology (Fintech) 2.91%
Standard Deviation 13.48% Biotechnology
Telecom - Services 2.77%
Beta (Slope) 0.97 JB Chemicals and Phar- Pharmaceuticals &
2.01% Healthcare Services 2.04%
maceuticals Limited Biotechnology
Sharpe Ratio3 0.82 Chemicals & Petrochemicals 2.02%
DLF Limited Realty 1.98%
Reverse Repos/TREPS 1.99%
R2 0.92% Kalyan Jewellers India
Consumer Durables 1.66% Retailing 1.82%
Month End Total Expenses Ratios Limited Textiles & Apparels 1.45%
(Annualized)4 360 One Wam Limited Capital Markets 1.60% Entertainment 1.44%
Rategain Travel Technolo- Healthcare Equipment & Supplies 1.23%
Regular 5
2.47% IT - Software 1.56%
gies Limited Personal Products 1.07%
Direct 1.60% Chemicals & Petro- Finance 1.06%
Epigral Limited 1.52%
Portfolio Turnover chemicals Auto Components 1.04%
0.19 PVR INOX Limited Entertainment 1.44% Beverages
(1 year) 1.03%
Kirloskar Pneumatic Co Agricultural Food & other Products 0.81%
Industrial Products 1.41%
1
in multiples of Re 1 thereafter. Limited Fertilizers & Agrochemicals 0.61%
2
Quantitative Data disclosed are as per BSE Limited Capital Markets 1.40% Aerospace & Defense 0.55%
monthly returns KEC International Limited Construction 1.29% Electrical Equipment 0.52%
Healthcare Equipment Net Current Assets - 0.16%
(Annualized) for the last 3 years. Poly Medicure Limited 1.23%
& Supplies
3
Risk free rate: 6.76% (FIMMDA-NSE Mibor)
Godrej Consumer Prod-
as on Sep 30, 2024) Personal Products 1.07%
ucts Limited Portfolio Classification By Market Segment Class (%)
4
TER Annualized TER including GST on Rec Limited Finance 1.06%
Investment Management Fees Motherson Sumi Wiring
Auto Components 1.04% 1.78%
5
Continuing plans India Limited 20.77%
Radico Khaitan Limited Beverages 1.03%
As a result of the acquisition, HSBC AMC will have two Avenue Supermarts
equity linked savings scheme (“elss”) in the form of Retailing 1.02%
HSBC Tax Saver Equity Fund (an open ended elss with
Limited
a statutory lock in period of 3 years and tax benefit), Kajaria Ceramics Limited Consumer Durables 1.01%
and L&T Tax Advantage Fund (to be renamed as HSBC Gokaldas Exports Limited Textiles & Apparels 0.96% 45.65%
ELSS Fund). As per elss guidelines, a mutual fund can Bajaj Auto Limited Automobiles 0.95%
have only one open-ended elss scheme. In view of the PNC Infratech Limited Construction 0.88% 31.80%
said restriction, we propose to stop the subscription into CCL Products (India) Agricultural Food &
HSBC Tax Saver Equity Fund from close of business 0.81%
hours on November 25, 2022. Hence, no sip, stp-in,
Limited other Products
or switch into the fund will be permitted from close of Entero Healthcare Solu-
Retailing 0.80%
business hours on November 25, 2022. For the sake of tions Limited
clarity, we wish to inform you that the unitholders will be Sterling and Wilson Re- Large Cap Small Cap Mid Cap
allowed to hold their existing investments in this fund, Construction 0.67%
newable Energy Limited
except that no further investments / subscription would Debt
be accepted in this fund. However, unitholders will be
permitted to redeem / switch out their units post the
mandatory lock-in period.
6
As per clause 1.9 of the SEBI Master Circular for Mutual Funds no. SEBI/HO/IMD/IMD-PoD-1/P/CIR/2024/90 dated June 27, 2024, on ‘Guiding
Principles for bringing uniformity in Benchmarks of Mutual Fund Schemes’ has introduced two-tiered structure for benchmarking of certain categories
of schemes. Accordingly, the benchmark has been changed to NIFTY 500 TRI Index which has been classified as Tier 1 benchmark. Furthermore ,
the same is effective from 01 December 2021.

This product is suitable for investors who are seeking*:

Moderate Moderately

Low to
High
• To create wealth over long term
High
Moderate
• Investment in equity and equity related securities with no capitalisation bias

Low
Very High *Investors should consult their financial advisers if in doubt about whether the product is suitable for them.

RISKOMETER

Investors understand that their principal Please note that the above risk-o-meter is as per the product labelling of the scheme available as on the date of this communication/ disclosure. Any change in
will be at Very High risk risk-o-meter shall be communicated by way of Notice cum Addendum and by way of an e-mail or SMS to unitholders of that particular Scheme.

26
 HSBC Aggressive Hybrid Fund
Aggressive Hybrid fund – An open ended hybrid scheme investing predominantly in equity and equity related instruments.
Investment Objective: To seek long term capital growth and income through investments in equity and equity related securities and fixed
income instruments. However, there is no assurance that the investment objective of the Scheme will be achieved.

% to % to
Issuer Industry/ Rating Issuer Industry/ Rating
Fund Details Net Assets Net Assets
EQUITY 77.50% 7.18% GOI 14AUG2033 GSEC SOVEREIGN 1.77%
Zomato Limited Retailing 3.84% 7.32% GOI BOND 13NOV2030 SOVEREIGN 1.18%
Date of Allotment 07-Feb-11 ICICI Bank Limited Banks 3.49% 7.30% GOI 19JUN53 SOVEREIGN 0.92%
Suzlon Energy Limited Electrical Equipment 3.46% 7.18% GOI 24-Jul-2037 SOVEREIGN 0.45%
Benchmark: NIFTY 50 Hybrid Composite Bharat Electronics Limited Aerospace & Defense 2.94% 7.26% GOI 06FEB33 SOVEREIGN 0.45%
GE TandD India Limited Electrical Equipment 2.70% 7.26% GOI 22AUG2032 SOVEREIGN 0.44%
Debt 65:35 Index6 CG Power and Industrial Solutions
Electrical Equipment 2.48% 7.37% GOI 23OCT2028 SOVEREIGN 0.27%
Limited 7.26% GS 2029 SOVEREIGN 0.18%
NAV (as on 30.09.24) Trent Limited Retailing 2.40% 7.17% GOI 08JAN28 SOVEREIGN 0.12%
JSW Energy Limited Power 2.15%
Zensar Technologies Limited IT - Software 2.01% Cash Equivalent 0.94%
Growth ₹ 56.0310 Bajaj Auto Limited Automobiles 1.95% TREPS* 1.28%
NTPC Limited Power 1.95% Net Current Assets: -0.34%
Direct Growth ₹ 63.1373 Bharat Heavy Electricals Limited Electrical Equipment 1.85% Total Net Assets as on 30-September-2024 100.00%
Karur Vysya Bank Limited Banks 1.76%
*TREPS : Tri-Party Repo fully collateralized by G-Sec
AUM (as on 30.09.24) ₹ 5,848.73 Cr. Persistent Systems Limited
Siemens Limited
IT - Software
Electrical Equipment
1.70%
1.69%
Larsen & Toubro Limited Construction 1.53%
AAUM (for the month
₹ 5,856.47 Cr. Prestige Estates Projects Limited Realty 1.42%
Industry Allocation
of Sep) Cholamandalam Investment & Finance
Finance 1.40%
Company Limited
Fund Manager & Experience Godrej Properties Limited Realty 1.36%
Electrical Equipment
Safari Industries India Limited Consumer Durables 1.30% 16.98%
Cheenu Gupta (Equity) KEI Industries Limited
ABB India Limited
Industrial Products
Electrical Equipment
1.29%
1.27%
Government Securities 11.14%
KPIT Technologies Limited IT - Software 1.25% IT - Software 6.70%
Total Experience 18 Years Tata Motors Limited Automobiles 1.19%
Banks 6.38%
Managing this fund Since July 02, 2021 360 One Wam Limited
Power Finance Corporation Limited
Capital Markets
Finance
1.14%
1.10% Retailing 6.33%
DLF Limited Realty 1.09%
Gautam Bhupal (Equity) Prudent Corporate Advisory Services Finance 4.82%
Capital Markets 1.06%
Limited Power 4.54%
Total Experience 18 Years Data Patterns India Limited Aerospace & Defense 1.01%
Industrial Products 4.27%
Managing this fund Since Oct 01, 2023 Triveni Turbine Limited Electrical Equipment 1.00%
Bharti Airtel Limited Telecom - Services 0.94% Automobiles 3.97%
Shriram Ramanathan (Fixed Income) Apar Industries Limited
Transformers And Rectifiers (India)
Electrical Equipment 0.94%
Capital Markets 3.95%
Electrical Equipment 0.92%
Total Experience 24 Years Limited Aerospace & Defense 3.95%
PTC Industries Limited Industrial Products 0.92% Realty
Managing this fund Since May 30, 2016 Rec Limited Finance 0.90% 3.87%
Polycab India Limited Industrial Products 0.83% Construction 2.53%
Mohd. Asif Rizwi (Fixed Income) Rategain Travel Technologies Limited
Kalpataru Projects International Limited
IT - Software
Construction
0.83%
0.81% Consumer Durables 2.01%
Total Experience 14.5 Years BSE Limited Capital Markets 0.78% Reverse Repos/TREPS 1.28%
Pharmaceuticals &
Lupin Limited 0.77% Pharmaceuticals & Biotechnology
Managing this fund Since May 1, 2024 Biotechnology 1.08%
Dixon Technologies (India) Limited Consumer Durables 0.71% Auto Components 1.07%
Sonal Gupta (Overseas Investments) Sundaram Finance Limited Finance 0.68%
Telecom - Services 0.94%
The Indian Hotels Company Limited Leisure Services 0.68%
Total Experience 20 Years Multi Commodity Exchange of India
Capital Markets 0.67% Beverages 0.74%
Limited
Managing this fund Since Jul 05, 2021 TD Power Systems Limited Electrical Equipment 0.67% Leisure Services 0.68%
Max Healthcare Institute Limited Healthcare Services 0.65% Healthcare Services 0.65%
Minimum Investment1 Titagarh Rail Systems Limited Industrial Manufacturing 0.64%
Industrial Manufacturing
Shivalik Bimetal Controls Ltd. Industrial Products 0.63% 0.64%
Agricultural Commercial &
Lumpsum ₹ 5,000 Sonata Software Limited
The Karnataka Bank Limited
IT - Software
Banks
0.63%
0.62% Construction Vehicles 0.47%
Timken India Limited Industrial Products 0.60% Petroleum Products 0.46%
SIP## Please refer page 79 Exide Industries Limited Auto Components 0.52% Food Products 0.24%
Maruti Suzuki India Limited Automobiles 0.52%
Additional Purchase ₹ 1,000 HDFC Bank Limited Banks 0.51% Cement & Cement Products 0.18%
Varun Beverages Limited Beverages 0.47% Transport Services 0.05%
Entry load: “NA” BEML Limited
Agricultural Commercial &
0.47%
Construction Vehicles Net Current Assets - 0.33%
Exit load: Any redemption / switch-out of units with- IIFL Finance Limited Finance 0.46% Debt Instrument 10.41%
NHPC Limited Power 0.44%
in 1 year from the date of allotment shall be subject to ZF Commercial Vehicle Control Systems
exit load as under: Auto Components 0.41%
India Ltd
Reliance Industries Limited Petroleum Products 0.40%
a. For 10% of the units redeemed / switched-out: Nil Mahindra & Mahindra Limited Automobiles 0.31% Portfolio Classification By Market Segment Class (%)
Nippon Life India Asset Management
b. For remaining units redeemed or switched-out: Capital Markets 0.30%
Limited
1.00% Shriram Finance Limited Finance 0.28% 20.71%
Pharmaceuticals &
No Exit Load will be charged, if Units are redeemed Gland Pharma Limited
Biotechnology
0.28%
/ switchedout after 1 year from the date of allotment. Radico Khaitan Limited Beverages 0.27% 35.19%
Bikaji Foods International Limited Food Products 0.24%
Quantitative Data2 Techno Electric & Engineering Company
Construction 0.19%
Limited
Standard Deviation 10.56% Cement & Cement
UltraTech Cement Limited 0.18%
Beta (Slope) 1.09 Products
Schaeffler India Limited Auto Components 0.14%
Sharpe Ratio3 0.72 Infosys Limited IT - Software 0.13%
Avenue Supermarts Limited Retailing 0.09%
R2 0.78% LTIMindtree Limited IT - Software 0.08%
21.60%
Tech Mahindra Limited IT - Software 0.07%
Month End Total Expenses Ratios Hindustan Petroleum Corporation Limited Petroleum Products 0.06% 22.50%
(Annualized)4 VRL Logistics Limited Transport Services 0.05%
Pharmaceuticals &
Sun Pharmaceutical Industries Limited 0.03%
Regular5 1.85% Biotechnology Large Cap Debt Small Cap Mid Cap
Corporate Bonds / Debentures 9.36%
Direct 0.81% Power Finance Corporation Limited CRISIL AAA 1.76%
National Bank for Agriculture & Rural
Portfolio Turnover ICRA AAA / CRISIL AAA 1.77%
0.72 Development Rating Profile
(1 year) Small Industries Development Bank
CRISIL AAA / CARE AAA 1.76%
1
in multiples of Re 1 thereafter.
of India
Export Import Bank of India CRISIL AAA 0.88%
2
Quantitative Data disclosed are as per monthly returns
Rec Limited CRISIL AAA 0.87% SOVEREIGN 11.14%
(Annualized) for the last 3 years. Jamnagar Utilities and Power Pvt Limited
3
Risk free rate: 6.76% (FIMMDA-NSE Mibor) as on Sep 30, 2024) CRISIL AAA 0.83%
(Mukesh Ambani Group)
4
TER Annualized TER including GST on Investment Management LIC Housing Finance Limited CRISIL AAA 0.44% AAA / A1+ and
Fees 10.42%
Bajaj Finance Limited CRISIL AAA 0.44% Equivalents
5
Continuing plans Kotak Mahindra Prime Limited CRISIL AAA 0.43%
6
As per clause 1.9 of the SEBI Master Circular for Mutual Funds Power Grid Corporation of India Limited CRISIL AAA 0.10%
no. SEBI/HO/IMD/IMD-PoD-1/P/CIR/2024/90 dated June 27, Reverse Repos/TREPS 1.28%
HDB Financial Services Limited CRISIL AAA 0.09%
2024, on ‘Guiding Principles for bringing uniformity in Benchmarks Securitised Debt Amort 1.06%
of Mutual Fund Schemes’ has introduced two-tiered structure for India Universal Trust AL1 PTC (PTC of
benchmarking of certain categories of schemes. Accordingly, the IND AAA AAA(SO) 1.06% Net Current Assets - 0.34%
pools from HDFC Bank Limited)
benchmark has been changed to NIFTY 50 Hybrid Composite Government Securities 11.14%
Debt 65:35 Index which has been classified as Tier 1 benchmark. 7.38% GOI 20JUN2027 SOVEREIGN 3.55%
Furthermore , the same is effective from 01 December 2021. 7.10% GOI 08-Apr-2034 SOVEREIGN 1.81%

This product is suitable for investors who are seeking*:

Moderate Moderately
High • Long term wealth creation and income
Low to
Moderate
High
• Invests in equity and equity related securities and fixed Income instruments
*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
Low
Very High

RISKOMETER
Please note that the above risk-o-meter is as per the product labelling of the scheme available as on the date of this communication/ disclosure. Any change in
Investors understand that their principal risk-o-meter shall be communicated by way of Notice cum Addendum and by way of an e-mail or SMS to unitholders of that particular Scheme.
will be at Very High risk

27
 HSBC Multi Asset Allocation Fund
Multi Asset Allocation - An open ended scheme investing in Equity & Equity Related instruments, Debt & Money Market Securities and Gold /
Silver ETFs
Investment Objective: 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.

Fund Details Issuer Industries % to Net Assets Issuer Industries % to Net Assets

EQUITY 65.73% Exchange Traded Funds 14.88%

Date of Allotment 28-Feb-24 Zomato Limited Retailing 5.32%
ICICI PRUDENTIAL GOLD ETF ETF 2.97%
Benchmark: BSE 200 TRI (65%) + NIFTY Suzlon Energy Limited Electrical Equipment 4.16% NIPPON INDIA MF NIPPON INDIA
Short Duration Debt Index (20%) +Domestic Sobha Limited Realty 3.67% ETF 2.68%
SILVER ETF
Price of Gold (10%)+Domestic Price of Silver GE TandD India Limited Electrical Equipment 3.51% HDFC MUTUAL GOLD EXCHANGE
Trent Limited Retailing 3.40% ETF 2.63%
(5%)4 TRADED FUND
Blue Star Limited Consumer Durables 2.21% NIPPON INDIA ETF GOLD BEES ETF 2.59%
NAV (as on 30.09.24) Industrial Manufac- STATE BANK OF INDIA GOLD ETF ETF 2.46%
Jyoti CNC Automation Limited 1.87%
turing ICICIPRUD MF-ICICI PRUDENTIAL
Growth ₹ 11.9818 CG Power and Industrial Solutions ETF 1.55%
Electrical Equipment 1.84% SILVER ETF
Limited Cash Equivalent 7.85%
Direct Growth ₹ 12.0802 NTPC Limited Power 1.65% TREPS* 7.98%
AUM (as on 30.09.24) ₹ 2,057.71 Cr. Bharat Electronics Limited Aerospace & Defense 1.63% Net Current Assets: -0.13%
Transformers And Rectifiers (India) Total Net Assets as on
AAUM (for the month Electrical Equipment 1.55% 100.00%
₹ 2,015.53 Cr. Limited 30-September-2024
of Sep) Kalpataru Projects International Limited Construction 1.50%
*TREPS : Tri-Party Repo fully collateralized by G-Sec
ICICI Bank Limited Banks 1.48%
Fund Manager & Experience
Hindustan Aeronautics Limited Aerospace & Defense 1.46%
Cheenu Gupta (Equity) JSW Energy Limited Power 1.33%
Bharat Heavy Electricals Limited Electrical Equipment 1.24% Industry Allocation
Total Experience 18 Years BSE Limited Capital Markets 1.21%
Managing this fund Since Feb 28, 2024 Cummins India Limited Industrial Products 1.18% Electrical Equipment 14.49%
Mahesh Chhabria (Fixed Income) Nippon Life India Asset Management Gold ETF
Capital Markets 1.08% 10.65%
Limited
Total Experience 14 Years Godrej Properties Limited Realty 1.07% Retailing 8.72%
Managing this fund Since Feb 28, 2024 Dixon Technologies (India) Limited Consumer Durables 1.06% Reverse Repos/TREPS 7.98%
Power Mech Projects Limited Construction 1.06% Realty 6.51%
Kapil Punjabi (Fixed Income) Tata Motors Limited Automobiles 1.02% Government Securities 6.38%
Total Experience 18 Years Bajaj Auto Limited Automobiles 1.00%
Power Finance Corporation Limited Finance 0.99% Silver ETF 4.23%
Managing this fund Since May 1, 2024
Prestige Estates Projects Limited Realty 0.96% Consumer Durables 3.90%
Dipan Parikh (Gold / Silver ETFs) Siemens Limited Electrical Equipment 0.96% Construction 3.75%
Total Experience 27 Years KEI Industries Limited Industrial Products 0.94%
Aerospace & Defense 3.60%
Zensar Technologies Limited IT - Software 0.91%
Managing this fund Since Feb 28, 2024 Power 2.98%
Global Health Limited Healthcare Services 0.83%
Sonal Gupta (Overseas Investments) Godrej Consumer Products Limited Personal Products 0.81% Capital Markets 2.86%
Rec Limited Finance 0.76% IT - Software 2.84%
Total Experience 20 Years Mahindra & Mahindra Limited Automobiles 0.76%
Managing this fund Since Feb 28, 2024 Automobiles 2.78%
Amara Raja Energy & Mobility Limited Auto Components 0.76%
EIH Limited Leisure Services 0.72% Industrial Manufacturing 2.71%
Minimum Investment1
Persistent Systems Limited IT - Software 0.72% Industrial Products 2.12%
Lumpsum ₹ 5,000 KPIT Technologies Limited IT - Software 0.71% Banks 1.79%
SIP## Please refer page 79 DLF Limited Realty 0.65%
Finance 1.75%
ABB India Limited Electrical Equipment 0.59%
Additional Purchase ₹ 1,000 Larsen & Toubro Limited Construction 0.58% Leisure Services 1.24%
Multi Commodity Exchange of India Healthcare Services 0.83%
Entry load: “NA” Capital Markets 0.57%
Limited Personal Products 0.81%
Exit load: If units redeemed or switched Ahluwalia Contracts (India) Limited Construction 0.57%
Auto Components 0.76%
out are upto 10% of the units purchased or The Indian Hotels Company Limited Leisure Services 0.52%
Telecom - Equipment & Accessories 0.51%
switched in within 1 year from the date of Triveni Turbine Limited Electrical Equipment 0.52%
allotment – Nil Telecom - Equipment Telecom - Services 0.47%
Optiemus Infracom Ltd. 0.51%
& Accessories
If units redeemed or switched out are over and Pharmaceuticals & Biotechnology 0.31%
Data Patterns India Limited Aerospace & Defense 0.51%
above the limit within 1 year from the date of Sonata Software Limited IT - Software 0.50%
Net Current Assets - 0.17%
allotment – 1% Bharti Airtel Limited Telecom - Services 0.47% Debt Instrument 5.16%
If units are redeemed or switched out on or Industrial Manufac-
after 1 year from the date of allotment – Nil Mazagon Dock Shipbuilders Limited 0.44%
turing
Month End Total Expenses Ratios Industrial Manufac-
Kaynes Technology India Ltd 0.40%
turing
(Annualized)2 Safari Industries India Limited Consumer Durables 0.34% Portfolio Classification By Market Segment Class (%)
Regular5 1.88% State Bank of India Banks 0.31%
Ethos Limited Consumer Durables 0.29% 4.23%
Direct 0.52% Pharmaceuticals &
Lupin Limited 0.28%
Portfolio Turnover Biotechnology
10.65%
0.21 SOBHA LTD - PARTLY PAID Realty 0.16%
(1 year) 26.44%
Thermax Limited Electrical Equipment 0.12%
NCC Limited Construction 0.04%
1
in multiples of Re 1 thereafter. Pharmaceuticals &
Dr Reddy''s Laboratories Limited 0.03%
Biotechnology
TER Annualized TER including GST on Investment
2
19.33%
Management Fees Corporate Bonds / Debentures 5.16%
3
Continuing plans Small Industries Development Bank
CRISIL AAA 1.31% 19.96%
of India
19.39%
4
As per clause 1.9 of the SEBI Master Circular for Mutual Power Finance Corporation Limited CRISIL AAA 1.29%
Funds no. SEBI/HO/IMD/IMD-PoD-1/P/CIR/2024/90 dated Bajaj Finance Limited CRISIL AAA 1.29%
June 27, 2024, on ‘Guiding Principles for bringing uniformity National Bank for Agriculture & Rural
ICRA AAA 1.27% Large Cap Small Cap Debt
in Benchmarks of Mutual Fund Schemes’ has introduced Development
two-tiered structure for benchmarking of certain categories
Government Securities 6.38% Mid Cap Gold ETF Silver ETF
of schemes. Accordingly, the benchmark has been classified
as Tier 1 benchmark. Furthermore , the same is effective 7.18% GOI 24-Jul-2037 SOVEREIGN 2.54%
from 01 December 2021. 7.32% GOI BOND 13NOV2030 SOVEREIGN 1.29%
7.18% GOI 14AUG2033 GSEC SOVEREIGN 1.26%
7.10% GOI 08-Apr-2034 SOVEREIGN 0.77%
7.30% GOI 19JUN53 SOVEREIGN 0.52%

This product is suitable for investors who are seeking*:

Moderate Moderately
High • Long term wealth creation
Low to High
Moderate • Investment in equity and equity related securities, fixed income instruments and Gold / Silver ETFs
*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
Low
Very High

RISKOMETER

Investors understand that their principal Please note that the above risk-o-meter is as per the product labelling of the scheme available as on 30th September 2024. Any change in risk-o-meter shall be
communicated by way of Notice cum Addendum and by way of an e-mail or SMS to unitholders of that particular Scheme.
will be at Very High risk

28
 HSBC Balanced Advantage Fund
Balanced Advantage Fund - An open ended dynamic asset allocation fund
Investment Objective: To seek long term capital growth and income through investments in equity and equity related securities and
fixed income instruments. There is no assurance that the objective of the Scheme will be realised and the Scheme does not assure or
guarantee any returns.

% to Net % to Net % to Net % to Net

Fund Details Issuer Industries
% to Net
Assets Assets Issuer Industries
% to Net
Assets Assets
Assets Assets
(Hedged) (Unhedged) (Hedged) (Unhedged)
Date of Allotment 07-Feb-11 Corporate Bonds /
EQUITY 68.18% 26.86% 41.32% 17.53%
Benchmark: Nifty 50 Hybrid composite debt ICICI Bank Limited Banks 3.58% 0.00% 3.58% Debentures
Bajaj Finance Limited CRISIL AAA 2.79%
50:50 Index4 Aurobindo Pharma Limited
Pharmaceuticals
3.34% 3.34% 0.00%
& Biotechnology Kotak Mahindra Prime Limited CRISIL AAA 2.71%
NAV (as on 30.09.24) Tata Power Company Limited Power 3.09% 3.09% 0.00% Small Industries Development
ICRA AAA 1.76%
Petroleum Bank of India
Growth ₹ 42.7739 Reliance Industries Limited 2.44% 0.00% 2.44% National Bank for Agriculture & ICRA AAA /
Products 3.45%
Larsen & Toubro Limited Construction 2.43% 0.00% 2.43% Rural Development CRISIL AAA
Direct Growth ₹ 49.0393 Dixon Technologies (India) Consumer LIC Housing Finance Limited CRISIL AAA 1.73%
2.33% 2.33% 0.00% National Housing Bank CRISIL AAA 1.71%
AUM (as on 30.09.24) ₹ 1,509.80 Cr. Limited Durables
Cement & Cement Rec Limited CRISIL AAA 1.69%
AAUM (for the month Ambuja Cements Limited 2.11% 2.11% 0.00%
Products Power Finance Corporation
₹ 1,510.47 Cr. CRISIL AAA 1.68%
of Sep) Manappuram Finance Limited Finance 2.10% 2.10% 0.00% Limited
Adani Ports and Special Transport Money Market Instruments
Fund Manager & Experience Economic Zone Limited Infrastructure
1.93% 1.93% 0.00%
Polycab India Limited Industrial Products 1.92% 1.92% 0.00% Certificate of Deposit 0.98%
Neelotpal Sahai (Equity) Axis Bank Limited CRISIL A1+ 0.98%
Axis Bank Limited Banks 1.91% 0.77% 1.14%
Total Experience 30 Years Bajaj Finance Limited Finance 1.90% 1.90% 0.00% Government Securities 12.41%
Managing this fund Since Nov 26, 2022 Infosys Limited IT - Software 1.86% 0.00% 1.86% 7.18% GOI 14AUG2033 GSEC SOVEREIGN 3.85%
Kotak Mahindra Bank Limited Banks 1.80% 1.80% 0.00% 7.06% GOI 10APR28 SOVEREIGN 3.32%
Mahesh Chhabria (Fixed Income) Multi Commodity Exchange of 7.37% GOI 23OCT2028 SOVEREIGN 2.80%
Capital Markets 1.69% 0.00% 1.69%
India Limited 7.10% GOI 08-Apr-2034 SOVEREIGN 1.40%
Total Experience 14 Years Sun Pharmaceutical Industries Pharmaceuticals 7.38% GOI 20JUN2027 SOVEREIGN 0.69%
Managing this fund Since Jul 15, 2023 Limited & Biotechnology
1.60% 0.00% 1.60%
7.32% GOI BOND 13NOV2030 SOVEREIGN 0.35%
DLF Limited Realty 1.49% 1.49% 0.00% Cash Equivalent 0.90%
Kapil Punjabi (Fixed Income)
Financial TREPS* 1.01%
Total Experience 18 Years PB Fintech Limited Technology 1.34% 0.00% 1.34% Net Current Assets: -0.11%
Managing this fund Since May 1, 2024 (Fintech) Total Net Assets as on 30-September-2024 100.00%
NTPC Limited Power 1.32% 0.00% 1.32% *TREPS : Tri-Party Repo fully collateralized by G-Sec
Gautam Bhupal (Equity) Pharmaceuticals
Lupin Limited 1.09% 0.00% 1.09%
& Biotechnology
Total Experience 20 Years Varun Beverages Limited Beverages 1.00% 0.00% 1.00%
Managing this fund Since Oct 01, 2023 Phoenix Mills Limited Realty 0.98% 0.00% 0.98% Industry Allocation
Consumer
Praveen Ayathan (Arbitrage) Titan Company Limited 0.98% 0.98% 0.00%
Durables
Total Experience 32 Years PNB Housing Finance Limited Finance 0.98% 0.00% 0.98% Government Securities 12.41%
Banks 8.50%
Managing this fund Since Oct 01, 2023 Kalyan Jewellers India Limited
Consumer
0.97% 0.00% 0.97% Pharmaceuticals & Biotechnology 7.58%
Durables
Hitesh Gondhia (Arbitrage) Shriram Finance Limited Finance 0.95% 0.00% 0.95% Finance 5.93%
Zomato Limited Retailing 0.91% 0.00% 0.91% Power 4.41%
Total Experience 17 Years IT - Software 4.39%
Time Technoplast Limited Industrial Products 0.91% 0.00% 0.91%
Managing this fund Since Oct 01, 2023 Federal Bank Limited Banks 0.91% 0.00% 0.91% Consumer Durables 4.28%
Industrial Products 3.93%
Sonal Gupta (Overseas Investments) Jubilant Foodworks Limited Leisure Services 0.90% 0.00% 0.90%
HCL Technologies Limited IT - Software 0.89% 0.00% 0.89% Construction 3.49%
Total Experience 20 Years Fertilizers & Capital Markets 2.55%
Paradeep Phosphates Limited 0.88% 0.00% 0.88%
Managing this fund Since Nov 26, 2022 Agrochemicals Realty 2.47%
Prudent Corporate Advisory Petroleum Products 2.44%
Minimum Investment 1
Services Limited
Capital Markets 0.86% 0.00% 0.86%
Cement & Cement Products 2.22%
Lumpsum ₹ 5,000 Century Textiles & Industries Paper Forest &
0.85% 0.00% 0.85%
Transport Infrastructure 1.93%
SIP## Please refer page 79 Limited Jute Products Beverages 1.74%
Zensar Technologies Limited IT - Software 0.85% 0.00% 0.85% Retailing 1.73%
Additional Purchase ₹ 1,000 Non - Ferrous
Hindalco Industries Limited 0.83% 0.83% 0.00% Electrical Equipment 1.70%
Entry load: “NA” Metals Leisure Services 1.38%
Aditya Vision Limited Retailing 0.82% 0.00% 0.82% Financial Technology (Fintech) 1.34%
Exit load: If the units redeemed or switched out are Sonata Software Limited IT - Software 0.79% 0.00% 0.79% Auto Components 1.18%
upto 10% of the units purchased or switched in (“the Pharmaceuticals
Suven Pharmaceuticals Limited 0.78% 0.00% 0.78% Reverse Repos/TREPS 1.01%
limit”) within 1 year from the date of allotment - Nil & Biotechnology Fertilizers & Agrochemicals 0.88%
If units redeemed or switched out are over and above Pharmaceuticals &
Abbott India Limited 0.77% 0.00% 0.77% Paper Forest & Jute Products 0.85%
the limit within 1 year from the date of allotment - 1% Biotechnology Non - Ferrous Metals 0.83%
If units are redeemed or switched out on or after 1 year United Spirits Limited Beverages 0.74% 0.74% 0.00% Chemicals & Petrochemicals 0.69%
from the date of allotment. - Nil Chemicals & Diversified Metals
Vinati Organics Limited 0.69% 0.00% 0.69% 0.62%
Petrochemicals Agricultural Commercial &
Month End Total Expenses Ratios 0.62%
Electrical Construction Vehicles
(Annualized)2 GE TandD India Limited
Equipment
0.67% 0.00% 0.67% Automobiles 0.29%
Personal Products 0.18%
Regular5 2.11% Amara Raja Energy & Mobility
Auto Components 0.66% 0.00% 0.66% Agricultural Food & other Products 0.03%
Limited
Direct 0.77% Net Current Assets -0.10%
Vedanta Limited Diversified Metals 0.62% 0.62% 0.00%
Portfolio Turnover Debt Instrument 18.51%
3.06 Agricultural
(1 year) Commercial &
Escorts Kubota Limited 0.62% 0.00% 0.62%
1
in multiples of Re 1 thereafter.
Construction
2
TER Annualized TER including GST on Investment Management Vehicles Portfolio Classification By Market
Fees Power Mech Projects Limited Construction 0.62% 0.00% 0.62% Segment Class (%)
3
Continuing plans Kirloskar Oil Eng Limited Industrial Products 0.57% 0.00% 0.57%
4
As per clause 1.9 of the SEBI Master Circular for Mutual Funds no. Electrical
TD Power Systems Limited 0.56% 0.00% 0.56%
SEBI/HO/IMD/IMD-PoD-1/P/CIR/2024/90 dated June 27, 2024, on Equipment 15.69%
‘Guiding Principles for bringing uniformity in Benchmarks of Mutual Kirloskar Pneumatic Co Limited Industrial Products 0.53% 0.00% 0.53%
Fund Schemes’ has introduced two-tiered structure for benchmarking
of certain categories of schemes. Accordingly, the benchmark has Tube Investments of India
Auto Components 0.52% 0.00% 0.52% 35.26%
been classified as Tier 1 benchmark. Furthermore , the same is Limited
effective from 01 December 2021. Lemon Tree Hotels Limited Leisure Services 0.48% 0.00% 0.48%
Electrical
Bharat Bijlee Limited 0.47% 0.00% 0.47%
Equipment 17.23%
PNC Infratech Limited Construction 0.44% 0.00% 0.44%
Moderate Moderately
High
HDFC Bank Limited Banks 0.30% 0.30% 0.00%
Low to High
Maruti Suzuki India Limited Automobiles 0.29% 0.29% 0.00%
Moderate
Godrej Consumer Products
Personal Products 0.18% 0.18% 0.00% 31.82%
Limited
Cement & Cement
UltraTech Cement Limited 0.11% 0.11% 0.00%
Very High Products
Low
Large Cap Debt Small Cap Mid Cap
Agricultural Food
RISKOMETER Balrampur Chini Mills Limited 0.03% 0.03% 0.00%
& other Products
Investors understand that their principal
will be at Moderately High risk
Please note that the above risk-o-meter is as per the product
labelling of the scheme available as on the date of this
This product is suitable for investors who are seeking*:
communication/ disclosure. Any change in risk-o-meter shall be • Long term capital appreciation and generation of reasonable returns
communicated by way of Notice cum Addendum and by way of an • Investment in equity and equity related instruments, derivatives and debt and money market instruments.
e-mail or SMS to unitholders of that particular Scheme.
*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.

29
 HSBC Equity Savings Fund
Equity Savings Fund - An open ended scheme investing in equity, arbitrage and debt.
Investment Objective: To generate regular income by predominantly investing in arbitrage opportunities in the cash and derivatives segments of the
equity markets and debt and money market instruments and to generate long-term capital appreciation through unhedged exposure to equity and
equity related instruments. There is no assurance that the objective of the Scheme will be realised and the Scheme does not assure or guarantee
any returns.

% to Net % to Net % to Net % to Net

Fund Details Issuer Industries
% to Net
Assets Assets Issuer Industries
% to Net
Assets Assets
Assets Assets
(Hedged) (Unhedged) (Hedged) (Unhedged)
Date of Allotment 18-Oct-11 Corporate Bonds / Debentures 4.50%
EQUITY 69.86% 32.12% 37.74%
Rec Limited CARE AAA 2.34%
NIFTY Equity HDFC Bank Limited Banks 5.10% 5.10% 0.00%
Benchmark Trent Limited Retailing 3.80% 0.00% 3.80%
National Housing Bank CRISIL AAA 2.16%
Savings Index4 Zomato Limited Retailing 3.72% 0.00% 3.72%
Money Market Instruments
Certificate of Deposit 3.68%
Canara Bank Banks 3.36% 3.36% 0.00%
NAV (as on 30.09.24) Electrical
Canara Bank CRISIL A1+ 1.64%
Suzlon Energy Limited 3.35% 0.00% 3.35% Axis Bank Limited CRISIL A1+ 1.03%
Equipment
Growth ₹ 32.8414 Steel Authority of India Limited Ferrous Metals 3.25% 3.25% 0.00%
ICICI Bank Limited ICRA A1+ 1.01%
Government Securities 15.64%
State Bank of India Banks 2.94% 2.94% 0.00%
Direct Growth ₹ 36.1760 IndusInd Bank Limited Banks 2.83% 2.83% 0.00%
7.38% GOI 20JUN2027 SOVEREIGN 3.26%
5.22% GOI 15JUN25 G-SEC SOVEREIGN 3.15%
Sobha Limited Realty 2.64% 0.00% 2.64%
AUM (as on 30.09.24) ₹ 477.96 Cr. Pharmaceuticals &
7.10% GOI 08-Apr-2034 SOVEREIGN 2.21%
Dr Reddy''s Laboratories Limited 2.05% 2.05% 0.00% 7.18% GOI 14AUG2033 GSEC SOVEREIGN 2.17%
Biotechnology
AAUM (for the month 7.32% GOI BOND 13NOV2030 SOVEREIGN 1.77%
₹ 454.05 Cr. GE TandD India Limited
Electrical
2.03% 0.00% 2.03% 7.37% GOI 23OCT2028 SOVEREIGN 1.11%
of Sep) Equipment 7.04% GOI 03JUN29 G-SEC SOVEREIGN 1.09%
Indian Energy Exchange Limited Capital Markets 1.97% 1.97% 0.00% 7.06% GOI 10APR28 SOVEREIGN 0.88%
Fund Manager & Experience Reliance Industries Limited Petroleum Products 1.93% 1.93% 0.00% Cash Equivalent 6.32%
Kotak Mahindra Bank Limited Banks 1.82% 1.82% 0.00% TREPS* 6.21%
Cheenu Gupta (Equity) Dixon Technologies (India) Net Current Assets: 0.11%
Consumer Durables 1.79% 0.06% 1.73%
Limited Total Net Assets as on 30-September-2024 100.00%
Total Experience 18 Years Transformers And Rectifiers Electrical *TREPS : Tri-Party Repo fully collateralized by G-Sec
1.72% 0.00% 1.72%
Managing this fund Since Jul 02, 2021 (India) Limited Equipment
Polycab India Limited Industrial Products 1.69% 1.69% 0.00%
Mahesh Chhabria (Fixed Income) Hindustan Aeronautics Limited
Aerospace &
1.57% 0.00% 1.57%
Defense
Total Experience 14 Years Blue Star Limited Consumer Durables 1.55% 0.00% 1.55% Industry Allocation
Managing this fund Since Jul 15, 2023 Jyoti CNC Automation Limited
Industrial Manu-
1.53% 0.00% 1.53%
facturing
Kapil Punjabi (Fixed Income) CG Power and Industrial Electrical
1.27% 0.00% 1.27%
Banks 16.47%
Solutions Limited Equipment Government Securities 15.64%
Total Experience 18 Years Hitachi Energy India Ltd.
Electrical
1.22% 0.00% 1.22% Electrical Equipment 13.06%
Managing this fund Since May 1, 2024 Equipment
Electrical Retailing 8.40%
ABB India Limited 1.18% 0.00% 1.18%
Abhishek Gupta (Equity) Equipment
Reverse Repos/TREPS
Electrical 6.21%
Bharat Heavy Electricals Limited 1.17% 0.00% 1.17%
Total Experience 19 Years Equipment Realty 4.42%
Prestige Estates Projects Limited Realty 1.08% 0.00% 1.08%
Managing this fund Since Apr 01, 2024 Nippon Life India Asset Capital Markets 3.37%
Capital Markets 0.86% 0.00% 0.86%
Praveen Ayathan (Arbitrage) Management Limited Consumer Durables 3.36%
Aditya Birla Fashion and Retail
Retailing 0.76% 0.76% 0.00%
Total Experience 32 Years Limited Ferrous Metals 3.25%
Manappuram Finance Limited Finance 0.72% 0.72% 0.00%
Managing this fund Since Oct 01, 2023 Industrial Manu-
Industrial Products 2.34%
Kaynes Technology India Ltd 0.68% 0.00% 0.68%
Petroleum Products 2.23%
Hitesh Gondhia (Arbitrage) facturing
Electrical
Siemens Limited 0.68% 0.00% 0.68% Industrial Manufacturing 2.21%
Total Experience 17 Years Equipment
Container Corporation of India Aerospace & Defense 2.17%
Managing this fund Since Oct 01, 2023 Limited
Transport Services 0.67% 0.67% 0.00%
Pharmaceuticals & Biotechnology 2.15%
Godrej Properties Limited Realty 0.66% 0.00% 0.66%
Sonal Gupta (Overseas Investments) KEI Industries Limited Industrial Products 0.65% 0.00% 0.65% Finance 1.39%
EIH Limited Leisure Services 0.63% 0.00% 0.63%
Total Experience 20 Years Aerospace & IT - Software 1.10%
Managing this fund Since Nov 26, 2022 Bharat Electronics Limited
Defense
0.60% 0.00% 0.60%
Construction 0.88%
LIC Housing Finance Limited Finance 0.54% 0.54% 0.00%
Minimum Investment1 Prudent Corporate Advisory Leisure Services 0.69%
Capital Markets 0.54% 0.00% 0.54%
Services Limited
Lumpsum ₹ 5,000 Tata Power Company Limited Power 0.53% 0.53% 0.00%
Transport Services 0.67%

Zensar Technologies Limited IT - Software 0.52% 0.00% 0.52% Power 0.53%

SIP## Please refer page 79 Techno Electric & Engineering
Construction 0.50% 0.00% 0.50% Non - Ferrous Metals 0.46%
Additional Purchase ₹ 1,000 Company Limited
Gas
National Aluminium Company 0.23%
Non - Ferrous Metals 0.46% 0.46% 0.00%
Entry load: “NA” Limited Automobiles 0.21%
Electrical
TD Power Systems Limited 0.44% 0.00% 0.44%
Exit load: If the units redeemed or switched out are Equipment Insurance 0.18%
upto 10% of the units purchased or switched in (‘’the Ahluwalia Contracts (India) Net Current Assets
Construction 0.37% 0.00% 0.37% 0.08%
limit”) within 1 Month from the date of allotment - Nil Limited
Persistent Systems Limited IT - Software 0.36% 0.00% 0.36% Cement & Cement Products 0.07%
If redeemed or switched out units are over and above Bandhan Bank Limited Banks 0.33% 0.33% 0.00%
the limit i.e beyond 10% of the allotted units within 1 Beverages 0.02%
Hindustan Petroleum Corporation
Petroleum Products 0.30% 0.30% 0.00%
month exit load applicable - 0.50% Limited Debt Instrument 8.18%
If units are redeemed or switched out on or after 1 GAIL India Limited Gas 0.23% 0.23% 0.00%
Month from the date of Purchase - Nil KPIT Technologies Limited IT - Software 0.17% 0.00% 0.17%
Medi Assist Healthcare Services
Insurance 0.16% 0.00% 0.16%
Month End Total Expenses Ratios Limited
Bajaj Auto Limited Automobiles 0.14% 0.14% 0.00%
(Annualized)2 Aditya Vision Limited Retailing 0.12% 0.00% 0.12%
Portfolio Classification By Market Segment Class (%)
Regular5 1.51% RBL Bank Limited Banks 0.09% 0.09% 0.00%
Pharmaceuticals &
Abbott India Limited 0.07% 0.07% 0.00% 15.48%
Direct 0.61% Biotechnology
Maruti Suzuki India Limited Automobiles 0.07% 0.07% 0.00%
33.88%
Portfolio Turnover Sundaram Finance Limited Finance 0.06% 0.00% 0.06%
4.92 Cement & Cement
(1 year) Dalmia Bharat Limited 0.06% 0.06% 0.00%
Products
1
in multiples of Re 1 thereafter. The Indian Hotels Company
Leisure Services 0.06% 0.00% 0.06%
Limited
TER Annualized TER including GST on Investment
2
Infosys Limited IT - Software 0.05% 0.03% 0.02% 20.50%
Management Fees SOBHA LTD - PARTLY PAID Realty 0.04% 0.00% 0.04%
Bajaj Finance Limited Finance 0.04% 0.04% 0.00%
3
Continuing plans Pharmaceuticals & 30.14%
Aurobindo Pharma Limited 0.03% 0.03% 0.00%
4
As per clause 1.9 of the SEBI Master Circular for Mutual Biotechnology
Funds no. SEBI/HO/IMD/IMD-PoD-1/P/CIR/2024/90 dated Cholamandalam Investment &
Finance 0.03% 0.00% 0.03% Large Cap Debt Mid Cap
June 27, 2024, on ‘Guiding Principles for bringing uniformity Finance Company Limited
Safari Industries India Limited Consumer Durables 0.02% 0.00% 0.02%
in Benchmarks of Mutual Fund Schemes’ has introduced Small Cap
United Spirits Limited Beverages 0.02% 0.02% 0.00%
two-tiered structure for benchmarking of certain categories ICICI Prudential Life Insurance
of schemes. Accordingly, the benchmark has been classified Insurance 0.02% 0.02% 0.00%
Company Limited
as Tier 1 benchmark. Furthermore , the same is effective Larsen & Toubro Limited Construction 0.01% 0.00% 0.01%
from 01 December 2021. Cement & Cement
Ambuja Cements Limited 0.01% 0.01% 0.00%
Products

This product is suitable for investors who are seeking*:

Moderate Moderately
High • Generation of regular income by predominantly investing in arbitrage opportunities in the cash and derivatives segment
Low to
Moderate
High and long–term capital appreciation through unhedged exposure to equity and equity related instruments.
• Investment in equity and equity related instruments, derivatives and debt and money market instruments
Low Very High *Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
RISKOMETER

Investors understand that their principal Please note that the above risk-o-meter is as per the product labelling of the scheme available as on the date of this communication/ disclosure. Any change in
will be at Moderately High risk risk-o-meter shall be communicated by way of Notice cum Addendum and by way of an e-mail or SMS to unitholders of that particular Scheme.

30
 HSBC Arbitrage Fund
Arbitrage Fund - An open ended scheme investing in arbitrage opportunities
Investment Objective: The investment objective of the Scheme is to seek to generate reasonable returns by predominantly investing in
arbitrage opportunities in the cash and derivatives segments of the equity markets and by investing balance in debt and money market
instruments. There is no assurance that the objective of the Scheme will be realised and the Scheme does not assure or guarantee any
returns.

% to Net % to Net % to Net % to Net

Fund Details Issuer Industries
% to Net
Asset Asset Issuer Industries
% to Net
Asset Asset
Asset Asset
(Hedge) (Unhedge) (Hedge) (Unhedge)
Date of Allotment 30-Jun-14 EQUITY
Bank of Baroda Banks
77.68%
7.20%
77.68%
7.20%
0.00%
0.00%
Eicher Motors Limited Automobiles
Pharmaceuticals &
0.01% 0.01% 0.00%

Reliance Industries Limited Petroleum Products 4.70% 4.70% 0.00% Cipla Limited 0.01% 0.01% 0.00%
Biotechnology
Benchmark: Nifty 50 Arbitrage Index4 HDFC Bank Limited Banks 4.10% 4.10% 0.00% Cement & Cement
Vedanta Limited Diversified Metals 2.97% 2.97% 0.00% The Ramco Cements Limited 0.01% 0.01% 0.00%
Products
NAV (as on 30.09.24) Laurus Labs Limited
Pharmaceuticals &
2.91% 2.91% 0.00% Tata Consumer Products Limited
Agricultural Food & other
0.01% 0.01% 0.00%
Biotechnology Products
Growth ₹ 18.0702 Bandhan Bank Limited
Kotak Mahindra Bank Limited
Banks
Banks
2.84%
2.75%
2.84%
2.75%
0.00%
0.00%
Astral Limited Industrial Products 0.01% 0.01% 0.00%
Cement & Cement
Tata Power Company Limited Power 2.37% 2.37% 0.00% Ambuja Cements Limited 0.00% 0.00% 0.00%
Direct Growth ₹ 19.2492 Bharat Heavy Electricals Limited Electrical Equipment 2.10% 2.10% 0.00%
Products
SBI Life Insurance Company Limited Insurance 0.00% 0.00% 0.00%
Steel Authority of India Limited Ferrous Metals 1.87% 1.87% 0.00%
AUM (as on 30.09.24) ₹ 2,458.04 Cr. Hindustan Aeronautics Limited Aerospace & Defense 1.86% 1.86% 0.00%
ICICI Prudential Life Insurance Company
Limited
Insurance 0.00% 0.00% 0.00%
Pharmaceuticals &
Biocon Limited 1.79% 1.79% 0.00%
AAUM (for the month Biotechnology ABB India Limited Electrical Equipment 0.00% 0.00% 0.00%
₹ 2,473.35 Cr. IndusInd Bank Limited Banks 1.71% 1.71% 0.00% Chemicals &
of Sep) Indian Energy Exchange Limited Capital Markets 1.64% 1.64% 0.00% Aarti Industries Limited
Petrochemicals
0.00% 0.00% 0.00%
Tata Communications Limited Telecom - Services 1.53% 1.53% 0.00%
Money Market Instruments
Fund Manager & Experience Dixon Technologies (India) Limited
Canara Bank
Consumer Durables
Banks
1.51%
1.49%
1.51%
1.49%
0.00%
0.00% Certificate of Deposit 2.97%
Aditya Birla Fashion and Retail Limited Retailing 1.41% 1.41% 0.00% Punjab National Bank Limited ICRA A1+ 1.98%
Praveen Ayathan (Arbitrage) Crompton Greaves Consumer Electricals
Consumer Durables 1.31% 1.31% 0.00%
HDFC Bank Limited CRISIL A1+ 0.99%
Limited Treasury Bills 10.40%
Total Experience 32 Years Havells India Limited Consumer Durables 1.13% 1.13% 0.00% 364 DAYS T-BILL - 13FEB2025
364 DAYS T-BILL 14NOV24
SOVEREIGN
SOVEREIGN
3.97%
2.02%
Rec Limited Finance 1.11% 1.11% 0.00%
Managing this fund Since Jun 30, 2014 Indus Towers Limited Telecom - Services 1.07% 1.07% 0.00% 364 DAYS T-BILL 05DEC24 SOVEREIGN 1.41%
RBL Bank Limited Banks 1.07% 1.07% 0.00% 364 DAYS T-BILL 17OCT24 SOVEREIGN 1.01%
Mahesh Chhabria (Fixed Income) Aditya Birla Capital Limited Finance 0.99% 0.99% 0.00% 364 DAYS T-BILL 02JAN25
364 DAYS T-BILL 06FEB25
SOVEREIGN
SOVEREIGN
1.00%
0.99%
Gujarat Narmada Valley Fertilizers & Chemicals &
0.94% 0.94% 0.00%
Total Experience 14 Years Chemicals Ltd Petrochemicals
Fertilizers &
Mutual Fund Units 8.06%
HSBC Money Market Fund - Direct
Managing this fund Since Jul 15, 2023 PI Industries Litmited
Agrochemicals
0.92% 0.92% 0.00%
Growth
Mutual Fund 4.53%
Cement & Cement HSBC Ultra Short Duration Fund - Direct
Grasim Industries Limited 0.92% 0.92% 0.00%
Hitesh Gondhia (Arbitrage) Products Growth
Mutual Fund 3.53%
NMDC Limited Minerals & Mining 0.86% 0.86% 0.00% Cash Equivalent 0.89%
Total Experience 17 Years Bajaj Finance Limited
Oberoi Realty Limited
Finance
Realty
0.86%
0.83%
0.86%
0.83%
0.00%
0.00%
TREPS*
Net Current Assets:
0.27%
0.62%
Managing this fund Since Oct 01, 2023 LTIMindtree Limited
City Union Bank Limited
IT - Software
Banks
0.82%
0.78%
0.82%
0.78%
0.00%
0.00%
Total Net Assets as on
100.00%
30-September-2024
Vodafone Idea Limited Telecom - Services 0.76% 0.76% 0.00%
Kapil Punjabi (Fixed Income) MRF Limited Auto Components 0.75% 0.75% 0.00% *TREPS : Tri-Party Repo fully collateralized by G-Sec
DLF Limited Realty 0.73% 0.73% 0.00%
Total Experience 18 Years Manappuram Finance Limited Finance 0.72% 0.72% 0.00%
Dabur India Limited Personal Products 0.64% 0.64% 0.00%
Managing this fund Since May 1, 2024 Chambal Fertilizers & Chemicals Limited
Fertilizers &
0.64% 0.64% 0.00% Industry Allocation
Agrochemicals
Minimum Investment1 Muthoot Finance Limited Finance 0.62% 0.62% 0.00%
Petronet LNG Limited Gas 0.62% 0.62% 0.00%
Lumpsum ₹ 5,000 Tata Steel Limited Ferrous Metals 0.53% 0.53% 0.00% Banks 22.20%
Pharmaceuticals & Government Securities 10.40%
SIP## Please refer page 79 Alkem Laboratories Limited
Biotechnology
0.50% 0.50% 0.00%
Internal - Mutual Fund Units 8.06%
Additional Purchase ₹ 1,000 Exide Industries Limited Auto Components
Chemicals &
0.48% 0.48% 0.00%
Pharmaceuticals & Biotechnology 6.75%
Navin Fluorine International Limited 0.48% 0.48% 0.00% 5.35%
Entry load: “NA” Berger Paints India Limited
Petrochemicals
Consumer Durables 0.45% 0.45% 0.00%
Petroleum Products
Finance 5.04%
Exit load: Any redemption/switch-out of Zydus Lifesciences Limited
Pharmaceuticals &
Biotechnology
0.45% 0.45% 0.00% Consumer Durables 4.42%
3.36%
Telecom - Services
units on or before 1 month from the date of Nestle India Limited Food Products 0.44% 0.44% 0.00%
Diversified Metals 2.97%
Container Corporation of India Limited Transport Services 0.42% 0.42% 0.00%
allotment: 0.25% Atul Limited
Chemicals &
0.41% 0.41% 0.00%
Power 2.61%
2.40%
If units are redeemed or switched out after 1 Cholamandalam Investment & Finance
Petrochemicals Ferrous Metals
Chemicals & Petrochemicals 2.20%
Month from the date of allotment: NIL Company Limited
Finance 0.39% 0.39% 0.00%
Electrical Equipment 2.12%
Indian Oil Corporation Limited Petroleum Products 0.37% 0.37% 0.00%
(Effective date: August 01, 2023) Max Financial Services Limited Insurance 0.37% 0.37% 0.00%
Capital Markets 1.98%
Polycab India Limited Industrial Products 0.37% 0.37% 0.00% Aerospace & Defense 1.91%
Month End Total Expenses Ratios Indiamart Intermesh Limited Retailing 0.36% 0.36% 0.00% Retailing 1.80%
Pharmaceuticals & 1.76%
(Annualized)2 Dr Reddy''s Laboratories Limited
Biotechnology
0.35% 0.35% 0.00% Realty
Fertilizers & Agrochemicals 1.67%
Pharmaceuticals &
Regular3 0.94% Lupin Limited
Biotechnology
0.34% 0.34% 0.00% Auto Components 1.30%
IT - Software 1.27%
Direct 0.27% HDFC Asset Management Company
Limited
Capital Markets 0.34% 0.34% 0.00% Cement & Cement Products 1.01%
Portfolio Turnover Pharmaceuticals & Minerals & Mining 0.86%
14.45 Granules India Limited
Biotechnology
0.33% 0.33% 0.00%
Personal Products 0.64%
(1 year) Hindustan Petroleum Corporation Limited Petroleum Products 0.26% 0.26% 0.00% Gas 0.63%
Power Finance Corporation Limited Finance 0.25% 0.25% 0.00%
Transport Services 0.59%
1
in multiples of Re 1 thereafter. MphasiS Limited
State Bank of India
IT - Software
Banks
0.24%
0.23%
0.24%
0.23%
0.00%
0.00% Net Current Assets 0.58%
Agricultural Commercial Food Products 0.44%
2
TER Annualized TER including GST on Escorts Kubota Limited
& Construction Vehicles
0.22% 0.22% 0.00%
Industrial Products 0.44%
Investment Management Fees Godrej Properties Limited
United Spirits Limited
Realty
Beverages
0.20%
0.20%
0.20%
0.20%
0.00%
0.00%
Insurance 0.39%
The Indian Hotels Company Limited Leisure Services 0.19% 0.19% 0.00% Reverse Repos/TREPS 0.27%
3
Continuing plans InterGlobe Aviation Limited Transport Services 0.17% 0.17% 0.00% Agricultural Commercial &
Construction Vehicles
0.22%
Chemicals & Automobiles 0.21%
Tata Chemicals Limited 0.17% 0.17% 0.00%
Portfolio Classification By Market Petrochemicals Beverages 0.20%
Infosys Limited IT - Software 0.16% 0.16% 0.00%
Segment Class (%) Adani Ports and Special Economic
Transport Infrastructure 0.16% 0.16% 0.00%
Leisure Services 0.19%
Zone Limited Non - Ferrous Metals 0.16%
Tata Motors Limited Automobiles 0.16% 0.16% 0.00% Transport Infrastructure 0.16%
22.32% NTPC Limited Power 0.16% 0.16% 0.00% Agricultural Food & other Products 0.16%
Agricultural Food & other Consumable Fuels 0.09%
Marico Limited 0.15% 0.15% 0.00%
Products 0.08%
Diversified FMCG
Fertilizers &
UPL Limited 0.11% 0.11% 0.00% Construction 0.04%
Agrochemicals
Chemicals & Oil 0.03%
Pidilite Industries Limited 0.11% 0.11% 0.00% 0.03%
Petrochemicals Textiles & Apparels
42.28% Hindalco Industries Limited Non - Ferrous Metals 0.09% 0.09% 0.00% Debt Instrument 2.97%
13.20% Coal India Limited Consumable Fuels 0.09% 0.09% 0.00%
Chemicals &
SRF Limited 0.09% 0.09% 0.00%
Petrochemicals
Power Grid Corporation of India Limited Power 0.08% 0.08% 0.00%
ITC Limited Diversified FMCG 0.08% 0.08% 0.00%
Cement & Cement
Dalmia Bharat Limited 0.08% 0.08% 0.00%
Products
22.20% Bharat Forge Limited Auto Components 0.07% 0.07% 0.00%
Cummins India Limited Industrial Products 0.06% 0.06% 0.00%
Bharat Electronics Limited Aerospace & Defense 0.05% 0.05% 0.00%
Large Cap Mid Cap Small Cap Larsen & Toubro Limited Construction 0.04% 0.04% 0.00%
TVS Motor Company Limited Automobiles 0.04% 0.04% 0.00%
Wipro Limited IT - Software 0.04% 0.04% 0.00%
Debt LIC Housing Finance Limited Finance 0.04% 0.04% 0.00%
Pharmaceuticals &
Aurobindo Pharma Limited 0.04% 0.04% 0.00%
Biotechnology
National Aluminium Company Limited Non - Ferrous Metals 0.04% 0.04% 0.00%
Moderate Moderately
SBI Cards & Payment Services Limited Finance 0.04% 0.04% 0.00%
High
Oil & Natural Gas Corporation Limited Oil 0.03% 0.03% 0.00%
Pharmaceuticals &
Low to High Abbott India Limited 0.03% 0.03% 0.00%
Moderate Biotechnology
Page Industries Limited Textiles & Apparels 0.03% 0.03% 0.00%
Hindustan Copper Limited Non - Ferrous Metals 0.03% 0.03% 0.00%
Axis Bank Limited Banks 0.03% 0.03% 0.00%
Info Edge (India) Limited Retailing 0.03% 0.03% 0.00%
Low Very High Titan Company Limited Consumer Durables 0.02% 0.02% 0.00%
Piramal Enterprises Limited Finance 0.02% 0.02% 0.00%
Bharat Petroleum Corporation Limited Petroleum Products 0.02% 0.02% 0.00%
RISKOMETER Siemens Limited Electrical Equipment 0.02% 0.02% 0.00%
HDFC Life Insurance Company Limited Insurance 0.02% 0.02% 0.00%
Investors understand that their principal GAIL India Limited Gas 0.01% 0.01% 0.00%
will be at Low risk Persistent Systems Limited IT - Software 0.01% 0.01% 0.00%

Please note that the above risk-o-meter is as per the product

labelling of the scheme available as on the date of this This product is suitable for investors who are seeking*:
communication/ disclosure. Any change in risk-o-meter shall be
communicated by way of Notice cum Addendum and by way of an
• Generation of reasonable returns over short to medium term
e-mail or SMS to unitholders of that particular Scheme. • Investment predominantly in arbitrage opportunities in the cash and derivatives segments of the equity markets; and debt
and money market instrument.
*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.

31
 HSBC Global Emerging HSBC Global Equity Climate Change
Markets Fund Fund of Fund
An open-ended fund of fund scheme investing in HSBC Global Investment Funds - Global (An open ended fund of fund scheme investing in HSBC Global Investment Funds – Global
Emerging Markets Equity Fund Equity Climate Change)
Investment Objective: The primary investment objective of the Scheme is to provide Investment Objective: To provide long term capital appreciation by investing predominantly
long term capital appreciation by investing predominantly in units/shares of HSBC Global in units of HSBC Global Investment Funds – Global Equity Climate Change (HGECC). The
Investment Funds - Global Emerging Markets Equity Fund. The Scheme may also invest a Scheme may also invest a certain proportion of its corpus in money market instruments and
certain proportion of its corpus in money market instruments and / or units of liquid mutual /or units of overnight / liquid mutual fund schemes, in order to meet liquidity requirements
fund schemes, in order to meet liquidity requirements from time to time. However, there from time to time. However, there is no assurance that the investment objective of the
can be no assurance or guarantee that the investment objective of the scheme would be Scheme will be achieved.
achieved.
Fund Details Fund Details
Date of Allotment 17-Mar-08 Date of Allotment 22-Mar-21
Benchmark MSCI Emerging Markets Index TRI6 Benchmark MSCI AC World TRI6
NAV (as on 30.09.24) NAV (as on 30.09.24)
Growth ₹ 19.8430 Growth ₹ 10.7339
Direct Growth ₹ 21.5827
Direct Growth ₹ 11.0192
AUM (as on 30.09.24) ₹ 37.27 Cr.
AUM (as on 30.09.24) ₹ 83.14 Cr.
AAUM (for the month of Sep) ₹ 35.02 Cr.
AAUM (for the month of Sep) ₹ 87.75 Cr.
Fund Manager & Experience
Sonal Gupta (Overseas Investments) Fund Manager & Experience
Total Experience 20 Years Sonal Gupta (Overseas Investments)
Managing this fund Since December 02, 2022 Total Experience 20 Years
Minimum Investment1 Managing this fund Since December 02, 2022
Lumpsum ₹ 5,000 Kapil Punjabi (Fixed Income)
SIP## Please refer page 79 Total Experience 18 Years
Additional Purchase ₹ 1,000 Managing this fund Since March 22, 2021
Entry load: “NA” Minimum Investment1
1% if redeemed / switched out within 1 year Lumpsum ₹ 5,000
Exit load: SIP## Please refer page 79
from date of allotment, else nil
Quantitative Data2 Additional Purchase ₹ 1,000
Standard Deviation 16.54% Entry load: “NA”
Beta (Slope) 0.99
Sharpe Ratio 3 -0.30 Exit load: (i) In respect of each purchase / switch-in of units, an Exit Load of 1% is payable if Units
R2 0.92% are redeemed / switched-out within 1 year from the date of allotment.
(ii) No Exit Load will be charged, if units are redeemed / switched-out after 1 year from the date of
Month End Total Expenses Ratios (Annualized)4 allotment.
Regular5 2.36% The exit loads set forth above is subject to change at the discretion of the AMC and such changes
Direct 1.65% shall be implemented prospectively.
Quantitative Data2
Industry Allocation Standard Deviation 18.93%
Beta (Slope) 1.12
Sharpe Ratio 3 -0.20
International - Mutual Fund Units 95.68% R2 0.86%
Month End Total Expenses Ratios (Annualized)4
Reverse Repos/TREPS 4.51% Regular5 2.09%
Net Current Assets- 0.20% Direct 1.44%
Industry Allocation

Issuer Industry/Rating % to Net Assets International - Mutual Fund Units 96.69%

Mutual Fund Units 95.68%

Reverse Repos/TREPS 4.66%
HSBC GIF GLOB EMERG MKTS EQ S1 OVERSEAS MUTUAL FUND 95.68%
DIS
Net Current Assets -1.35%
Cash Equivalent 4.32%
TREPS* 4.51% Issuer Industry/Rating % to Net Assets
Net Current Assets: -0.19% Mutual Fund Units 96.69%
HSBC GIF GL EQ CLM CHG JCUSD OVERSEAS MUTUAL FUND 96.69%
Total Net Assets as on 30-September-2024 100.00%
Cash Equivalent 3.31%
*TREPS : Tri-Party Repo fully collateralized by G-Sec TREPS* 4.66%
Net Current Assets: -1.35%
1
in multiples of Re 1 thereafter. Total Net Assets as on 30-September-2024 100.00%
2
Quantitative Data disclosed are as per monthly returns (Annualized) for the last 3 years.
*TREPS : Tri-Party Repo fully collateralized by G-Sec
3
Risk free rate: 6.76% (FIMMDA-NSE Mibor) as on Sep 30, 2024)
4
TER Annualized TER including GST on Investment Management Fees and additional charges by underlying fund 1
in multiples of Re 1 thereafter.
5
Continuing plans 2
Quantitative Data disclosed are as per monthly returns (Annualized) for the last 3 years.
4
TER Annualized TER including GST on Investment Management Fees and additional charges by underlying fund
5
Continuing plans
This product is suitable for investors who are seeking*: This product is suitable for investors who are seeking*:

• To create wealth over long term Moderate Moderately

• To create wealth over long term Moderate Moderately
High High
• Investment predominantly in units of HSBC Global Low to High
• Investment predominantly in companies positioned Low to High
Investment Funds - Global Emerging Markets Equity Moderate
to benefit from climate change through fund of funds Moderate

Fund route

*Investors should consult their financial advisers if Low Very High

*Investors should consult their financial advisers if Low Very High

in doubt about whether the product is suitable for RISKOMETER in doubt about whether the product is suitable for RISKOMETER
them. Investors understand that their principal them. Investors understand that their principal
will be at Very High risk will be at Very High risk

Please note that the above risk-o-meter is as per the product labelling of the scheme available as on the date of this communication/ disclosure. Any change in risk-o-meter shall be communicated by way of Notice cum Addendum and by way of an e-mail or
SMS to unitholders of that particular Scheme.
6
As per clause 1.9 of the SEBI Master Circular for Mutual Funds no. SEBI/HO/IMD/IMD-PoD-1/P/CIR/2024/90 dated June 27, 2024, on ‘Guiding Principles for bringing uniformity in Benchmarks of Mutual Fund Schemes’ has introduced two-tiered structure for
benchmarking of certain categories of schemes. Accordingly, the benchmark has been classified as Tier 1 benchmark. Furthermore , the same is effective from 01 December 2021.

32
 HSBC Asia Pacific (Ex Japan) Dividend
Yield Fund HSBC Brazil Fund
An open ended fund of fund scheme investing in HSBC Global Investments Fund - Asia An open ended fund of fund scheme investing in HSBC Global Investments Fund - Brazil
Pacific Ex Japan Equity High Dividend Fund Equity Fund
Investment Objective: To provide long term capital appreciation by investing predominantly Investment Objective: The primary investment objective of the Scheme is to provide
in units of HSBC Global Investment Funds (HGIF) Asia Pacific Ex Japan Equity High long term capital appreciation by investing predominantly in units/shares of HSBC Global
Dividend Fund (HEHDF). The Scheme may also invest a certain proportion of its corpus Investment Funds (HGIF) Brazil Equity Fund. The Scheme may, at the discretion of the
in money market instruments and / or units of liquid mutual fund schemes, in order to meet Investment Manager, also invest in the units of other similar overseas mutual fund schemes,
liquidity requirements from time to time. However, there can be no assurance or guarantee which may constitute a significant part of its corpus. The Scheme may also invest a certain
that the investment objective of the scheme would be achieved. proportion of its corpus in money market instruments and/or units of liquid mutual fund
schemes, in order to meet liquidity requirements from time to time. However, there can be
Fund Details no assurance or guarantee that the investment objective of the scheme would be achieved.
Date of Allotment 24-Feb-14 Fund Details
Benchmark MSCI AC Asia Pacific ex Japan TRI6
Date of Allotment 06-May-11
NAV (as on 30.09.24) Benchmark MSCI Brazil 10/40 Index TRI6
Growth ₹ 23.0052
NAV (as on 30.09.24)
Direct Growth ₹ 24.7558
Growth ₹ 7.1102
AUM (as on 30.09.24) ₹ 7.62 Cr.
Direct Growth ₹ 7.7429
AAUM (for the month of Sep) ₹ 7.06 Cr.
AUM (as on 30.09.24) ₹ 39.76 Cr.
Fund Manager & Experience
AAUM (for the month of Sep) ₹ 40.15 Cr.
Sonal Gupta (Overseas Investments)
Fund Manager & Experience
Total Experience 20 Years
Sonal Gupta (Overseas Investments)
Managing this fund Since December 02, 2022
Minimum Investment1 Total Experience 20 Years
Managing this fund Since December 02, 2022
Lumpsum ₹ 5,000
Minimum Investment1
SIP## Please refer page 79
Lumpsum ₹ 5,000
Additional Purchase ₹ 1,000
SIP## Please refer page 79
Entry load: “NA”
Additional Purchase ₹ 1,000
Exit load: (i) In respect of each purchase / switch-in of units, an Exit Load of 1% is payable if Units
are redeemed / switched-out within 1 year from the date of allotment. Entry load: “NA”
(ii) No Exit Load will be charged, if units are redeemed / switched-out after 1 year from the date of Exit load: i) In respect of each purchase / switch-in of Units, an Exit Load of 1% is
allotment. payable if Units are redeemed / switched-out within 1 year from the date of allotment.
Quantitative Data 2
ii) No Exit Load will be charged, if Units are redeemed / switched-out after 1 year from
Standard Deviation 15.44% the date of allotment.
Beta (Slope) 0.84 Quantitative Data2
Sharpe Ratio 3 0.10 Standard Deviation 27.76%
R2 0.90% Beta (Slope) 0.93
Month End Total Expenses Ratios (Annualized)4 Sharpe Ratio 3 0.00
Regular5 2.06% R2 0.97%
Direct 1.66% Month End Total Expenses Ratios (Annualized)4
Regular5 2.42%
Industry Allocation
Direct 1.85%
Industry Allocation
International - Mutual Fund Units 95.70%

International - Mutual Fund Units 97.74%

Reverse Repos/TREPS 4.39%

Reverse Repos/TREPS 2.61%

Net Current Assets - 0.09%

Net Current Assets - 0.34%

Issuer Sector % to Net Assets
Mutual Fund Units 95.70% Issuer Industry/Rating % to Net Assets
HSBC GIF ASIA PACIFIC EX JAPAN OVERSEAS MUTUAL FUND 95.70% Mutual Fund Units 97.74%
EQ HD S9D HSBC GIF BRAZIL EQUITY S3D OVERSEAS MUTUAL FUND 97.74%
Cash Equivalent 4.30% Cash Equivalent 2.26%
TREPS* 4.39% TREPS* 2.61%
Net Current Assets: -0.09% Net Current Assets: -0.35%
Total Net Assets as on 30-September-2024 100.00% Total Net Assets as on 30-September-2024 100.00%
*TREPS : Tri-Party Repo fully collateralized by G-Sec *TREPS : Tri-Party Repo fully collateralized by G-Sec
1
in multiples of Re 1 thereafter. 1
in multiples of Re 1 thereafter.
2
Quantitative Data disclosed are as per monthly returns (Annualized) for the last 3 years. 2
Quantitative Data disclosed are as per monthly returns (Annualized) for the last 3 years.
3
Risk free rate: 6.76% (FIMMDA-NSE Mibor) as on Sep 30, 2024) 3
Risk free rate: 6.76% (FIMMDA-NSE Mibor) as on Sep 30, 2024)
4
TER Annualized TER including GST on Investment Management Fees and additional charges by underlying fund 4
TER Annualized TER including GST on Investment Management Fees and additional charges by underlying fund
5
Continuing plans 5
Continuing plans

This product is suitable for investors who are seeking*: This product is suitable for investors who are seeking*:

• To create wealth over long term Moderate Moderately

• To create wealth over long term Moderate Moderately
High High

• Investment in equity and equity related securities Low to High

• Invests in equity and equity related securities Low to High

of Asia Pacific countries (excluding Japan)

Moderate
through feeder route in Brazilian markets Moderate

through fund of funds route *Investors should consult their financial advisers if
*Investors should consult their financial advisers
Low Very High
in doubt about whether the product is suitable for Low Very High

if in doubt about whether the product is suitable RISKOMETER them. RISKOMETER

for them. Investors understand that their principal Investors understand that their principal
will be at Very High risk will be at Very High risk

Please note that the above risk-o-meter is as per the product labelling of the scheme available as on the date of this communication/ disclosure. Any change in risk-o-meter shall be communicated by way of Notice cum Addendum and by way of an e-mail or
SMS to unitholders of that particular Scheme.
6
As per clause 1.9 of the SEBI Master Circular for Mutual Funds no. SEBI/HO/IMD/IMD-PoD-1/P/CIR/2024/90 dated June 27, 2024, on ‘Guiding Principles for bringing uniformity in Benchmarks of Mutual Fund Schemes’ has introduced two-tiered structure for
benchmarking of certain categories of schemes. Accordingly, the benchmark has been classified as Tier 1 benchmark. Furthermore , the same is effective from 01 December 2021.

33
HSBC Managed Solutions HSBC Managed Solutions HSBC Managed Solutions
India - Growth India - Moderate India - Conservative
(An open ended fund of fund scheme investing in a basket of (An open ended fund of fund scheme investing in a basket of (An open ended fund of fund scheme investing in a basket of
equity, debt, Gold and other ExchangeTraded Funds) equity, debt, Gold and other Exchange Traded Funds) equity, debt, Gold and other Exchange Traded Funds)
Investment Objective: The objective of the Plan is to provide Investment Objective: The objective of the fund is to Investment Objective: The objective of the Plan is to provide
long term total return primarily by seeking capital appreciation provide long term total return aimed at capital appreciation long term total return aimed at providing income through an
through an active asset allocation with diversification and providing income through an active asset allocation active asset allocation with diversification commensurate
commensurate with the risk profile of investments by with diversification commensurate with the risk profile of with the risk profile of investments by investing in a basket of
investing in a basket of debt, equity, gold exchange traded investments by investing in a basket of debt, equity, gold debt, equity, gold ETFs and other ETFs and money market
funds (ETFs) and other ETFs, units of offshore mutual funds ETFs and other ETFs, units of offshore mutual funds and instruments.
and money market instruments. money market instruments.

Fund Details Fund Details Fund Details

Date of Allotment 30-Apr-14 Date of Allotment 30-Apr-14 Date of Allotment 30-Apr-14
Benchmark: Composite Index constituting 80% of Benchmark: Composite Index constituting 10% of
Benchmark: CRISIL Hybrid 35+65 - Aggressive Fund
BSE 200 TRI Index and 20% of CRISIL Composite BSE 200 TRI Index and 90% of CRISIL Composite
Index5
Bond Index5 Bond Index5
NAV (as on 30.09.24) NAV (as on 30.09.24) NAV (as on 30.09.24)
Growth ₹ 41.1314 Growth ₹ 35.4853 Growth ₹ 20.7652
Direct Growth ₹ 42.8945 Direct Growth ₹ 37.3978 Direct Growth ₹ 21.9082
AUM (as on 30.09.24) ₹ 43.45 Cr. AUM (as on 30.09.24) ₹ 60.81Cr. AUM (as on 30.09.24) ₹ 22.94 Cr.
AAUM (for the month of Sep) ₹ 44.19 Cr. AAUM (for the month of Sep) ₹ 60.70 Cr. AAUM (for the month of Sep) ₹ 24.36 Cr.

Fund Manager: Gautam Bhupal (Equity) (Total Experience - 20 Yrs.) Managing this fund since October 21, 2015; Sonal Gupta (Overseas Investment) (Total Experience 20 Yrs.)
Managing this fund since April 01, 2024; Cheenu Gupta (Equity) (Total Experience 18 Yrs.) Managing this fund since April 01, 2024

Minimum Investment: Lumpsum ₹ 5,000, Additional Purchase ₹ 1,000/- in multiples of Re 1 thereafter; SIP##: Please refer page 79

Entry load - NA, Exit load - In respect of each purchase / switch-in of Units, an Exit Load of 1% is payable if Units are redeemed / switched-out within 1 year from the date of
allotment. No Exit Load will be charged, if Units are redeemed / switched-out after 1 year from the date of allotment.

Quantitative Data1 Quantitative Data1 Quantitative Data1

Standard Deviation 10.62% Standard Deviation 8.74% Standard Deviation 2.32%
Beta (Slope) 0.93 Beta (Slope) 0.92 Beta (Slope) 0.77
Sharpe Ratio 2 0.76 Sharpe Ratio 2 0.69 Sharpe Ratio 2 -0.34
R2 0.89% R2 0.89% R2 0.92%
Month End Total Expenses Ratios (Annualized)3 Month End Total Expenses Ratios (Annualized)3 Month End Total Expenses Ratios (Annualized)3
Regular4 1.90% Regular4 1.92% Regular4 1.30%
Direct 0.98% Direct 0.88% Direct 0.53%
Industry Allocation Industry Allocation Industry Allocation
Internal - Mutual Fund Units 98.00% Internal - Mutual Fund Units
Internal - Mutual Fund Units 97.85% 98.71%
Reverse Repos/TREPS 2.43%
Reverse Repos/TREPS 2.74% Reverse Repos/TREPS 2.04%
Net Current Assets -0.44%
Net Current Assets -0.59% Net Current Assets -0.74%

Issuer % to Net Assets Issuer % to Net Assets Issuer % to Net Assets

Mutual Fund Units 97.85% Mutual Fund Units 98.00% Mutual Fund Units 98.71%
HSBC Large Cap Fund - Direct Growth 58.28% HSBC Large Cap Fund - Direct Growth 46.67% HSBC Short Duration Fund - Direct Growth 40.11%
HSBC Small Cap Fund - Direct Growth 19.75% HSBC Short Duration Fund - Direct Growth 16.02% HSBC Medium To Long Duration Fund - Direct
25.01%
HSBC Medium To Long Duration Fund - Direct HSBC Small Cap Fund - Direct Growth 15.62% Growth
7.81%
Growth HSBC Dynamic Bond Fund - Direct Growth 24.04%
HSBC Medium To Long Duration Fund - Direct
HSBC Short Duration Fund - Direct Growth 7.37% 11.95% HSBC Large Cap Fund - Direct Growth 9.55%
Growth
HSBC Dynamic Bond Fund - Direct Growth 4.64% Cash Equivalent 1.29%
HSBC Dynamic Bond Fund - Direct Growth 7.74%
Cash Equivalent 2.15% TREPS* 2.04%
Cash Equivalent 2.00%
TREPS* 2.74%
TREPS* 2.43% Net Current Assets: -0.75%
Net Current Assets: -0.59% Total Net Assets as on 30-September-2024 100.00%
Net Current Assets: -0.43%
Total Net Assets as on 30-September-2024 100.00% Total Net Assets as on 30-September-2024 100.00% *TREPS : Tri-Party Repo fully collateralized by G-Sec
*TREPS : Tri-Party Repo fully collateralized by G-Sec *TREPS : Tri-Party Repo fully collateralized by G-Sec

This product is suitable for investors who are seeking*: This product is suitable for investors whoare seeking*: This product is suitable for investors who are seeking*:
• To create wealth over long term
• To create wealth and provide income over the long term • To provide income over the long-term
• Investing predominantly in units of equity mutual funds as
• Investments in a basket of debt mutual funds, equity • Investing predominantly in units of debt mutual funds as
well as in a basket of debt mutual funds, gold & exchange
mutual funds, gold & exchange traded funds, offshore well as in a basket of equity mutual funds, gold & other
traded funds, offshore mutual funds and money market
mutual funds and money market instruments. exchange traded funds and money market instruments.
instruments

Moderate Moderately
Moderate Moderately Moderate Moderately
High
High High
Low to High
Moderate Low to High Low to High
Moderate Moderate

Low Very High

Low Very High Low Very High

RISKOMETER
RISKOMETER RISKOMETER
Investors understand that their principal Investors understand that their principal Investors understand that their principal
will be at Very High risk will be at High risk will be at Moderately High risk

Please note that the above risk-o-meter is as per the product labelling of the scheme available as on the date of this communication/ disclosure. Any change in risk-o-meter shall be communicated by way of Notice cum Addendum and by way of an e-mail
or SMS to unitholders of that particular Scheme.
1
Quantitative Data: disclosed are as per monthly returns (Annualized) for the last 3 years. 2Risk free rate: 6.76% (FIMMDA-NSE Mibor) as on Sep 30, 2024). 3TER Annualized TER including GST on Investment Management Fees and additional charges by
underlying fund. 4Continuing plans. 5As per clause 1.9 of the SEBI Master Circular for Mutual Funds no. SEBI/HO/IMD/IMD-PoD-1/P/CIR/2024/90 dated June 27, 2024, on ‘Guiding Principles for bringing uniformity in Benchmarks of Mutual Fund Schemes’
has introduced two-tiered structure for benchmarking of certain categories of schemes. Accordingly, the benchmark has been classified as Tier 1 benchmark. Furthermore , the same is effective from 01 December 2021.
*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.

34
 HSBC Overnight Fund
Overnight Fund - An open-ended debt scheme investing in overnight securities. A relatively low interest rate risk and relatively low credit risk.
Investment Objective: The scheme aims to offer reasonable returns commensurate with low risk and high degree of liquidity through investments
overnight securities. However, there is no assurance that the investment objective of the Scheme will be achieved.

Fund Details Issuer Rating % to Net Assets Quantitative Data

Date of Allotment 22-May-19 Treasury Bills 5.40% YTM $

6.65%
NIFTY 1D Rate 91 DAYS T-BILL - 18OCT2024 SOVEREIGN 2.70% Average Maturity 2.08 Days
Benchmark
Index 5,6
91 DAYS T-BILL 24OCT24 SOVEREIGN 2.25%
NAV (as on 30.09.24) Modified Duration 2.08 Days
182 DAYS T-BILL - 24OCT2024 SOVEREIGN 0.45%
Growth ₹ 1,284.9628 Macaulay Duration 2.08 Days
Cash Equivalent 94.60%
Direct Growth ₹ 1,294.2289
TREPS* 26.94%
AUM (as on 30.09.24) ₹ 2,213.58 Cr.
PRC Matrix
AAUM (for the month Reverse Repo 68.19%
₹ 2,732.37 Cr. Potential Risk Class
of Sep) Net Current Assets: -0.53%
Fund Manager & Experience Credit Risk →
Total Net Assets as on 30-September-2024 100.00% Relatively Relatively
Kapil Punjabi (Fixed Income) Moderate
Interest Rate Low High
*TREPS : Tri-Party Repo fully collateralized by G-Sec (Class B)
Total Experience 18 Years Risk ↓ (Class A) (Class C)
Managing this fund Since May 22, 2019
Relatively Low
Mahesh Chhabria (Fixed Income) Rating Profile A-I
(Class I)
Total Experience 14 Years
Managing this fund Since Nov 26, 2022 5.40% - 0.53% Moderate
(Class II)
Minimum Investment 1

Relatively High
Lumpsum ₹ 5,000
(Class III)
SIP## Please refer page 79
Potential Risk Class (‘PRC’) matrix indicates the maximum interest rate
Additional Purchase ₹ 1,000 risk (measured by Macaulay Duration of the scheme) and maximum credit
Entry load: “NA” risk (measured by Credit Risk Value of the scheme) the fund manager can
take in the scheme. PRC matrix classification is done in accordance with
Exit load: NIL and subject to the methodology/guidelines prescribed by SEBI to help
Month End Total Expenses Ratios 95.13% investors take informed decision based on the maximum interest rate risk
and maximum credit risk the fund manager can take in the scheme, as
(Annualized)2 depicted in the PRC matrix.
Regular3 0.16%
SOVEREIGN Reverse Repos/ TREPS
Direct 0.06%
Net Current Assets
1
in multiples of Re 1 thereafter.
2
TER Annualized TER including GST on
Investment Management Fees
3
Continuing plans
4
As per clause 1.9 of the SEBI Master Circular
for Mutual Funds no. SEBI/HO/IMD/IMD-
PoD-1/P/CIR/2024/90 dated June 27, 2024,
on ‘Guiding Principles for bringing uniformity
in Benchmarks of Mutual Fund Schemes’
has introduced two-tiered structure for
benchmarking of certain categories of schemes.
Accordingly, the benchmark has been classified
as Tier 1 benchmark. Furthermore, the same is
effective from 01 December 2021.
6
Fund’s benchmark has changed with effect
from April 01, 2022.
$
YTM is annualized.

This product is suitable for investors who are seeking*:

Moderate Moderately
High • Income over short term and high liquidity
Low to High
Moderate • The scheme primarily invests in Debt, Money Market instruments, Cash and Cash equivalents (including Repo) with over-
night maturity / maturing on or before next business day.
Very High
*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
Low

RISKOMETER
Please note that the above risk-o-meter is as per the product labelling of the scheme available as on the date of this communication/ disclosure. Any change in
Investors understand that their principal risk-o-meter shall be communicated by way of Notice cum Addendum and by way of an e-mail or SMS to unitholders of that particular Scheme.
will be at Low risk

35
 HSBC Liquid Fund
Liquid Fund - An open-ended liquid scheme. A relatively low interest rate risk and moderate credit risk.
Investment Objective: To provide reasonable returns, commensurate with low risk while providing a high level of liquidity, through a
portfolio of money market and debt securities. However, there can be no assurance that the Scheme objective can be realised.

Fund Details % to Net

Issuer Rating Quantitative Data
Assets
Date of Allotment 04-Dec-02 Corporate Bonds / Debentures 4.79% YTM$ 7.18%
Benchmark: NIFTY Liquid Index A-I6 Power Finance Corporation Limited CRISIL AAA 3.40%
LIC Housing Finance Limited CRISIL AAA 0.77% Average Maturity 62.05 Days
NAV (as on 30.09.24)
Rec Limited CRISIL AAA 0.62%
Growth ₹ 2,472.4520 Money Market Instruments Modified Duration 58.40 Days
Direct Growth ₹ 2,493.6788
Certificate of Deposit 34.00% Macaulay Duration 62.05 Days
AUM (as on 30.09.24) ₹ 17,059.34 Cr.
Bank of Baroda IND A1+ 5.80%
AAUM (for the month Canara Bank CRISIL A1+ 5.78%
₹ 19,255.34 Cr.
of Sep) CRISIL A1+ / Rating Profile
Punjab National Bank Limited 5.23%
Fund Manager & Experience ICRA A1+
CARE A1+ / -11.92%
Kapil Punjabi (Fixed Income) State Bank of India 4.62%
CRISIL A1+ 0.22%
Total Experience 18 Years CRISIL A1+ /
Managing this fund Since Mar 14, 2014 Axis Bank Limited 3.17%
ICRA A1+
Shriram Ramanathan (Fixed Income) Small Industries Development Bank
CARE A1+ 2.46%
of India 21.16%
Total Experience 24 Years
CARE A1+ /
Managing this fund Since Nov 26, 2022 HDFC Bank Limited 4.06%
IND A1+
Minimum Investment1 Bank of India CRISIL A1+ 2.31%
Lumpsum ₹ 5,000 Bank of Maharashtra CRISIL A1+ 0.58% 90.54%
SIP## Please refer page 79 Commercial Paper 51.75%

Additional Purchase ₹ 1,000 Reliance Retail Ventures Limited CRISIL A1+ 4.06%
AAA and Equivalents SOVEREIGN
Tata Power Renewable Energy Limited CRISIL A1+ 3.49%
Entry Load: “NA” Kotak Securities Limited CRISIL A1+ 3.49% Alternative Investment Net Current Assets
Funds (AIF)
Exit Load2: Refer table below Sikka Ports & Terminals Limited (Mukesh
CRISIL A1+ 3.49%
Following Exit Load shall be applicable if Ambani Group)
switched out/redeemed within 7 Calendar Days. ICICI Securities Limited CRISIL A1+ 3.48%
PNB Housing Finance Limited CRISIL A1+ 2.92%
Exit Load as a
Investor exit Export Import Bank of India CRISIL A1+ 2.90% PRC Matrix
% of redemption
uponsubscription National Bank for Agriculture & Rural
proceeds ICRA A1+ 2.90% Potential Risk Class
Development
Day 1 0.0070% CARE A1+ /
HDFC Securities Limited
ICRA A1+
3.47% Credit Risk → Relatively Relatively
Day 2 0.0065% Moderate
Aditya Birla Housing Finance Limited ICRA A1+ 2.17% Interest Rate Low High
Day 3 0.0060% (Class B)
ICICI Home Finance Company Limited ICRA A1+ 1.80% Risk ↓ (Class A) (Class C)
Day 4 0.0055% Jamnagar Utilities and Power Pvt Limited
CRISIL A1+ 1.75% Relatively Low
Day 5 0.0050% (Mukesh Ambani Group) B-I
Network 18 Media & Investments Limited IND A1+ 1.74% (Class I)
Day 6 0.0045%
Reliance Jio Infocomm Limited CRISIL A1+ 1.73% Moderate
Day 7 Onwards 0.0000% ICICI Securities Primary Dealership
CRISIL A1+ 1.45% (Class II)
Month End Total Expenses Ratios Limited
(Annualized)3 Birla Group Holdings Private Limited ICRA A1+ 1.45% Relatively High
Bajaj Financial Securities Limited IND A1+ 1.17% (Class III)
Regular4 0.22%
L&T Finance Limited CARE A1+ 1.17% Potential Risk Class (‘PRC’) matrix indicates the maximum interest rate
Direct 0.12% Tata Motors Finance Limited CARE A1+ 1.17% risk (measured by Macaulay Duration of the scheme) and maximum credit
SBICAP Securities Limited ICRA A1+ 1.16% risk (measured by Credit Risk Value of the scheme) the fund manager can
1
in multiples of Re 1 thereafter. take in the scheme. PRC matrix classification is done in accordance with
Bajaj Finance Limited CRISIL A1+ 1.02%
2
Effective from Oct 20, 2019 on Prospective basis. and subject to the methodology/guidelines prescribed by SEBI to help
Pilani Investment and Industries Corpo- investors take informed decision based on the maximum interest rate risk
TER Annualized TER including GST on Investment
3 CARE A1+ 0.87%
ration Ltd and maximum credit risk the fund manager can take in the scheme, as
Management Fees
NTPC Limited CRISIL A1+ 0.58% depicted in the PRC matrix.
4
Continuing plans Godrej Housing Finance Limited ICRA A1+ 0.58%
5
As per clause 1.9 of the SEBI Master Circular for Mutual Mahindra & Mahindra Financial Services
Funds no. SEBI/HO/IMD/IMD-PoD-1/P/CIR/2024/90 CRISL A1+ 0.58%
Limited
dated June 27, 2024, on ‘Guiding Principles for bringing TV18 Broadcast Limited IND A1+ 0.58%
uniformity in Benchmarks of Mutual Fund Schemes’
has introduced two-tiered structure for benchmarking
Axis Securities Limited ICRA A1+ 0.58%
of certain categories of schemes. Accordingly, the Treasury Bills 21.16%
benchmark has been classified as Tier 1 benchmark.
91 DAYS T-BILL 07NOV24 SOVEREIGN 5.82%
Furthermore, the same is effective from 01 December
2021. 91 DAYS T-BILL 21NOV24 SOVEREIGN 5.81%
$
YTM is annualized.
91 DAYS T-BILL 05DEC24 SOVEREIGN 5.22%
91 DAYS T-BILL - 12DEC2024 SOVEREIGN 3.47%
91 DAYS T-BILL 15NOV24 SOVEREIGN 0.84%
Alternative Investment Funds (AIF) 0.22%
CDMDF CLASS A2 AIF 0.22%
Cash Equivalent -11.92%
Net Current Assets: -11.92%
Total Net Assets as on 30-September-2024 100.00%
*TREPS : Tri-Party Repo fully collateralized by G-Sec

This product is suitable for investors who are seeking*:

Moderate Moderately
High • Overnight liquidity over short term
Low to High
Moderate • This scheme invests in money market and debt securities with low risk and high level of liquidity
*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
Low Very High

RISKOMETER
Please note that the above risk-o-meter is as per the product labelling of the scheme available as on the date of this communication/ disclosure. Any change in
Investors understand that their principal risk-o-meter shall be communicated by way of Notice cum Addendum and by way of an e-mail or SMS to unitholders of that particular Scheme.
will be from Low to Moderate risk

36
 HSBC Money Market Fund
Money Market Fund - An open-ended debt scheme investing in money market instruments. A relatively low interest rate risk and
moderate credit risk
Investment Objective: The primary objective of the Scheme is to generate regular income through investment in a portfolio comprising
substantially of money market instruments. There is no assurance that the objective of the Scheme will be realised and the Scheme does
not assure or guarantee any returns.

Fund Details % to Net Quantitative Data

Issuer Rating
Assets
Date of Allotment 10-Aug-05 YTM $
7.49%
Money Market Instruments
Benchmark: NIFTY Money Market Index A-I6 Average Maturity 166.38 Days
Certificate of Deposit 62.89%
NAV (as on 30.09.24)
National Bank for Agriculture & Modified Duration 155.12 Days
Growth ₹ 24.9593 CRISIL A1+ 9.07%
Rural Development
Direct Growth ₹ 26.1359 Macaulay Duration 166.38 Days
Kotak Mahindra Bank Limited CRISIL A1+ 7.69%
AUM (as on 30.09.24) ₹ 1,884.40 Cr
Punjab National Bank Limited ICRA A1+ 7.69%
AAUM (for the month Rating Profile
₹ 2,254.67 Cr
of Sep) Axis Bank Limited CRISIL A1+ 7.55%
Fund Manager & Experience Canara Bank CRISIL A1+ 6.45% - 4.70%
Kapil Punjabi (Fixed Income) 0.25%
Union Bank of India IND A1+ 5.14%
Total Experience 18 Years 9.45%
Managing this fund Since Nov 26 , 2022 Bank of Baroda IND A1+ 3.87%
Shriram Ramanathan (Fixed Income) ICICI Bank Limited CRISIL A1+ 2.59%
Total Experience 24 Years CRISIL A1+ /
Managing this fund Since Mar 21, 2020 HDFC Bank Limited 5.10%
IND A1+
Minimum Investment 1
AU Small Finance Bank Limited CARE A1+ 2.59%
Lumpsum ₹ 5,000 95.00%
Bank of India CRISIL A1+ 2.57%
SIP## Please refer page 79
Additional Purchase ₹ 1,000 Indian Bank CRISIL A1+ 2.57%
AAA and Equivalents SOVEREIGN
Entry Load: “NA” Commercial Paper 32.11%
Alternative Investment Reverse Repos/ TREPS
Exit Load2: Nil LIC Housing Finance Limited CRISIL A1+ 5.11% Funds (AIF)
Month End Total Expenses Ratios Muthoot Finance Limited CRISIL A1+ 5.07%
(Annualized)3
Hero Fincorp Limited CRISIL A1+ 3.89% PRC Matrix
Regular4 0.40%
Direct 0.20% ICICI Securities Limited CRISIL A1+ 3.86% Potential Risk Class
1
in multiples of Re 1 thereafter. Panatone Finvest Limited CRISIL A1+ 2.59%
Credit Risk → Relatively Relatively
Godrej Housing Finance Limited ICRA A1+ 2.59% Moderate
2
Effective from Oct 20, 2019 on Prospective Low High
Interest Rate (Class B)
basis. (Class A) (Class C)
Aditya Birla Finance Limited ICRA A1+ 2.57% Risk ↓
3
TER Annualized TER including GST on
Investment Management Fees Bharti Telecom Limited ICRA A1+ 2.57% Relatively Low
B-I
(Class I)
4
Continuing plans Motilal Oswal Financial Services
CRISIL A1+ 2.56%
Limited Moderate
5
As per clause 1.9 of the SEBI Master Circular
(Class II)
for Mutual Funds no. SEBI/HO/IMD/IMD- Bajaj Housing Finance Limited CRISIL A1+ 1.30%
PoD-1/P/CIR/2024/90 dated June 27, 2024, Relatively High
on ‘Guiding Principles for bringing uniformity Government Securities 4.02% (Class III)
in Benchmarks of Mutual Fund Schemes’
5.77% GUJARAT SDL - 12-Jan- Potential Risk Class (‘PRC’) matrix indicates the maximum interest rate
has introduced two-tiered structure for SOVEREIGN 4.02% risk (measured by Macaulay Duration of the scheme) and maximum credit
benchmarking of certain categories of schemes. 2025
risk (measured by Credit Risk Value of the scheme) the fund manager can
Accordingly, the benchmark has been classified Treasury Bills 5.43% take in the scheme. PRC matrix classification is done in accordance with
as Tier 1 benchmark. Furthermore, the same is and subject to the methodology/guidelines prescribed by SEBI to help
effective from 01 December 2021. investors take informed decision based on the maximum interest rate risk
364 DAYS T-BILL - 27FEB2025 SOVEREIGN 5.17% and maximum credit risk the fund manager can take in the scheme, as
$
YTM is annualized. 364 DAYS T-BILL - 23JAN2025 SOVEREIGN 0.26% depicted in the PRC matrix.

Alternative Investment Funds

0.25%
(AIF)
CDMDF CLASS A2 AIF 0.25%
Cash Equivalent -4.70%
Net Current Assets: -4.70%
Total Net Assets as on 30-September-2024 100.00%
*TREPS : Tri-Party Repo fully collateralized by G-Sec

This product is suitable for investors who are seeking*:

Moderate Moderately
High • Generation of regular income over short to medium term
Low to High
Moderate • The scheme aims to generate regular income through investment in a portfolio comprising substantially of money market
instruments.
Very High
*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
Low

RISKOMETER
Please note that the above risk-o-meter is as per the product labelling of the scheme available as on the date of this communication/ disclosure. Any change in
Investors understand that their principal risk-o-meter shall be communicated by way of Notice cum Addendum and by way of an e-mail or SMS to unitholders of that particular Scheme.
will be from Low to Moderate risk

37
 HSBC Low Duration Fund
Low Duration Fund - An open ended low duration debt scheme investing in instruments such that the Macaulay duration of the portfolio
is between 6 months to 12 months. A relatively low interest rate risk and moderate credit risk.
Investment Objective: To provide liquidity and reasonable returns by investing primarily in a mix of short term debt and money market
instruments such that the Macaulay duration of the portfolio is between 6 months to 12 months. However, there can be no assurance or
guarantee that the investment objective of the scheme would be achieved.

Fund Details Issuer Rating % to Net Assets Quantitative Data

Date of Allotment 04-Dec-10 Corporate Bonds / YTM $

7.60%
58.96%
Debentures
Benchmark: NIFTY Low Duration Debt Index Average Maturity 17.16 Months
Power Grid Corporation of India
A-I 5 CRISIL AAA 6.36%
Limited
NAV (as on 30.09.24) Indian Railway Finance Modified Duration 10.87 Months
CRISIL AAA 6.13%
Corporation Limited
Growth ₹ 26.7829 Macaulay Duration^ 11.64 Months
Rec Limited CRISIL AAA 6.08%
Direct Growth ₹ 28.1465 ONGC Petro Additions Limited
AUM (as on 30.09.24) ₹ 437.41Cr (Letter of comfort from Oil ICRA AAA Rating Profile
6.00%
AAUM (for the month & Natural Gas Corporation (CE)
₹ 460.48 Cr Limited) - 3.12%
of Sep) 2.77%
National Bank for Agriculture & 4.21%
Fund Manager & Experience ICRA AAA 5.99%
Rural Development
Shriram Ramanathan (Fixed Income) 7.95%
National Housing Bank CRISIL AAA 5.97%
Total Experience 24 Years Bajaj Housing Finance Limited CRISIL AAA 5.96% 0.31%
Managing this fund Since Nov 24, 2012 Power Finance Corporation
CRISIL AAA 5.75% 9.49%
Mohd Asif Rizwi (Fixed Income) Limited
Total Experience 15 Years Cholamandalam Investment &
ICRA AA+ 4.26%
Managing this fund Since Jan 16, 2024 Finance Company Limited
78.39%
Shriram Finance Limited CRISIL AA+ 3.69%
Minimum Investment1
Phoenix ARC Limited (Kotak
Lumpsum ₹ 5,000 CRISIL AA 2.77%
Group Entity) AAA and Equivalents SOVEREIGN AA+ and Equivalents
SIP## Please refer page 79 Money Market Instruments AA & Equivalent
Reverse Repos/ TREPS
Additional Purchase ₹ 1,000 Certificate of Deposit 30.15%
Alternative Investment Funds (AIF) Net Current Assets
Entry Load: “NA” Bank of Baroda IND A1+ 8.01%
Exit Load: NIL Canara Bank CRISIL A1+ 5.60%
Month End Total Expenses Ratios
Axis Bank Limited CRISIL A1+ 5.58% PRC Matrix
(Annualized)2
Regular3 0.63% Punjab National Bank Limited ICRA A1+ 5.57% Potential Risk Class
Direct 0.24% ICICI Bank Limited CRISIL A1+ 5.39% Credit Risk → Relatively Relatively
Government Securities 9.49% Moderate
^The Macaulay duration is the weighted Interest Rate Low High
(Class B)
average term to maturity of the cash flows GOI FRB - 22SEP33 SOVEREIGN 3.53% Risk ↓ (Class A) (Class C)
from a bond. The weight of each cash flow is 7.06% GOI 10APR28 SOVEREIGN 2.39%
determined by dividing the present value of the Relatively Low
GOI FRB 04Oct2028 SOVEREIGN 2.38% B-I
cash flow by the price. (Class I)
7.38% GOI 20JUN2027 SOVEREIGN 1.19% Moderate
1
in multiples of Re 1 thereafter.
Alternative Investment Funds (Class II)
2
TER Annualized TER including GST on 0.31%
(AIF)
Investment Management Fees Relatively High
CDMDF CLASS A2 AIF 0.31%
3
Continuing plans (Class III)
Cash Equivalent 1.09%
4
As per clause 1.9 of the SEBI Master Circular Potential Risk Class (‘PRC’) matrix indicates the maximum interest rate
for Mutual Funds no. SEBI/HO/IMD/IMD- TREPS* 4.21% risk (measured by Macaulay Duration of the scheme) and maximum credit
PoD-1/P/CIR/2024/90 dated June 27, 2024, risk (measured by Credit Risk Value of the scheme) the fund manager can
Net Current Assets: -3.12% take in the scheme. PRC matrix classification is done in accordance with
on ‘Guiding Principles for bringing uniformity and subject to the methodology/guidelines prescribed by SEBI to help
Total Net Assets as on 30-September-2024 100.00%
in Benchmarks of Mutual Fund Schemes’ investors take informed decision based on the maximum interest rate risk
has introduced two-tiered structure for *TREPS : Tri-Party Repo fully collateralized by G-Sec; and maximum credit risk the fund manager can take in the scheme, as
benchmarking of certain categories of schemes. *Portfolio has -0.0152% exposure to Interest Rate Swaps depicted in the PRC matrix.
Accordingly, the benchmark has been classified
as Tier 1 benchmark. Furthermore, the same is
effective from 01 December 2021.
$
YTM is annualized.

This product is suitable for investors who are seeking*:

Moderate Moderately
High
• Liquidity over short term
Low to High • The Scheme will Invest predominantly in debt and money market instruments such that the Macaulay duration of the Portfolio
Moderate
is between 6 months to 12 months.
*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
Low Very High

RISKOMETER Please note that the above risk-o-meter is as per the product labelling of the scheme available as on the date of this communication/ disclosure. Any change in
Investors understand that their principal risk-o-meter shall be communicated by way of Notice cum Addendum and by way of an e-mail or SMS to unitholders of that particular Scheme.
will be from Low to Moderate risk

38
 HSBC Ultra Short Duration Fund
Ultra Short Duration Fund - An Open ended ultra-short term debt scheme investing in instruments such that the Macaulay duration of the
portfolio is between 3 months to 6 months. A relatively low interest rate risk and moderate credit risk.
Investment Objective: To provide liquidity and generate reasonable returns with low volatility through investment in a portfolio comprising
of debt & money market instruments. However, there is no assurance that the investment objective of the scheme will be achieved.

Fund Details Issuer Rating % to Net Assets Quantitative Data

Date of Allotment 29-Jan-20 Corporate Bonds / Debentures 28.68% YTM $

7.43%
Benchmark: NIFTY Ultra Short Duration Debt LIC Housing Finance Limited CRISIL AAA 9.33%
Average Maturity 5.68 Months
Index A-I 5 HDFC Bank Limited CRISIL AAA 3.65%
NAV (as on 30.09.24) Bajaj Finance Limited CRISIL AAA 2.85% Modified Duration 5.26 Months

Growth ₹ 1,281.9380 National Bank for Agriculture &

CRISIL AAA 2.80% Macaulay Duration 5.64 Months
Rural Development
Direct Growth ₹ 1,297.5880
Kotak Mahindra Prime Limited CRISIL AAA 2.77%
AUM (as on 30.09.24) ₹ 2,774.67 Cr.
Small Industries Development Rating Profile
AAUM (for the month CARE AAA 2.74%
₹ 3,277.30 Cr. Bank of India
of Sep) - 7.04%
Power Finance Corporation 0.22%
Fund Manager & Experience CRISIL AAA 2.73%
Limited 12.96%
Mahesh Chhabria (Fixed Income) Bharat Petroleum Corporation
CRISIL AAA 1.81%
Total Experience 14 Years Limited
Managing this fund Since Nov 26, 2022 Money Market Instruments
Kapil Punjabi (Fixed Income)
Certificate of Deposit 44.37%
Total Experience 18 Years
Managing this fund Since May 1, 2024 Axis Bank Limited CRISIL A1+ 6.95%
Minimum Investment1 Kotak Mahindra Bank Limited CRISIL A1+ 6.13% 93.86%
Lumpsum ₹ 5,000 CRISIL A1+ /
ICICI Bank Limited 5.99%
ICRA A1+
SIP## Please refer page 79 AAA and Equivalents SOVEREIGN
National Bank for Agriculture &
Additional Purchase ₹ 1,000 CRISIL A1+ 5.27% Alternative Investment Net Current Assets
Rural Development
Entry Load: “NA” Funds (AIF)
Small Industries Development CRISIL A1+ /
Exit Load2: NIL 6.21%
Bank of India CARE A1+
Month End Total Expenses Ratios HDFC Bank Limited IND A1+ 4.42% PRC Matrix
(Annualized)2
Canara Bank CRISIL A1+ 4.12% Potential Risk Class
Regular3 0.47%
ICRA A1+ /
Direct 0.21% Punjab National Bank Limited 3.52% Credit Risk → Relatively Relatively
CRISIL A1+ Moderate
Interest Rate Low High
1
in multiples of Re 1 thereafter. Bank of Baroda IND A1+ 1.75% (Class B)
Risk ↓ (Class A) (Class C)
2
TER Annualized TER including GST on Commercial Paper 20.81%
Investment Management Fees Relatively Low
Panatone Finvest Limited CRISIL A1+ 5.28% B-I
3
Continuing plans (Class I)
Export Import Bank of India CRISIL A1+ 4.95%
4
As per clause 1.9 of the SEBI Master Circular Moderate
for Mutual Funds no. SEBI/HO/IMD/IMD- Kotak Securities Limited CRISIL A1+ 4.42%
(Class II)
PoD-1/P/CIR/2024/90 dated June 27, 2024, Larsen & Toubro Limited CRISIL A1+ 2.64%
on ‘Guiding Principles for bringing uniformity Relatively High
in Benchmarks of Mutual Fund Schemes’ Bajaj Housing Finance Limited CRISIL A1+ 1.77% (Class III)
has introduced two-tiered structure for ICICI Securities Limited CRISIL A1+ 1.75%
benchmarking of certain categories of schemes.
Government Securities 2.40% Potential Risk Class (‘PRC’) matrix indicates the maximum interest rate
Accordingly, the benchmark has been classified risk (measured by Macaulay Duration of the scheme) and maximum credit
as Tier 1 benchmark. Furthermore, the same is 8.44% MAHARASHTRA risk (measured by Credit Risk Value of the scheme) the fund manager can
SOVEREIGN 1.49%
effective from 01 December 2021. 26NOV2024 SDL take in the scheme. PRC matrix classification is done in accordance with
and subject to the methodology/guidelines prescribed by SEBI to help
$
YTM is annualized. 8.04% MAHARASHTRA investors take informed decision based on the maximum interest rate risk
SOVEREIGN 0.91%
25FEB2025 SDL and maximum credit risk the fund manager can take in the scheme, as
Treasury Bills 10.56% depicted in the PRC matrix.

182 DAYS T-BILL 20FEB25 SOVEREIGN 3.51%

182 DAYS T-BILL 13MAR25 SOVEREIGN 2.63%
364 DAYS 16JAN25 T-BILL SOVEREIGN 1.77%
182 DAYS T-BILL 27FEB25 SOVEREIGN 1.76%
364 DAYS T-BILL - 12DEC2024 SOVEREIGN 0.89%
Alternative Investment Funds
0.22%
(AIF)
CDMDF CLASS A2 AIF 0.22%
Cash Equivalent -7.04%
Net Current Assets: -7.04%
Total Net Assets as on 30-September-2024 100.00%
*TREPS : Tri-Party Repo fully collateralized by G-Sec

This product is suitable for investors who are seeking*:

Moderate Moderately
High
• Income over short term with low volatility.
Low to High • The Scheme will Invest predominantly in debt and money market instruments such that the Macaulay duration of the Portfolio
Moderate
is between 3 months to 6 months.
*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.

Low Very High

RISKOMETER
Please note that the above risk-o-meter is as per the product labelling of the scheme available as on the date of this communication/ disclosure. Any change in
Investors understand that their principal risk-o-meter shall be communicated by way of Notice cum Addendum and by way of an e-mail or SMS to unitholders of that particular Scheme.
will be from Low to Moderate risk

39
 HSBC Short Duration Fund
Short Duration Fund - An open-ended short term debt scheme investing in instruments such that the Macaulay duration of the portfolio
is between 1 year to 3 years. A moderate interest rate risk and moderate credit risk.
Investment Objective: To provide a reasonable income through a diversified portfolio of fixed income securities such that the Macaulay
duration of the portfolio is between 1 year to 3 years. However, there can be no assurance or guarantee that the investment objective of
the scheme would be achieved.

Fund Details Issuer Rating % to Net Assets Rating Profile

Corporate Bonds / Debentures 61.54%
Date of Allotment 27-Dec-11 National Bank for Agriculture & Rural CRISIL AAA / 0.98% - 0.31%
9.06%
Benchmark: NIFTY Short Duration Debt Development ICRA AAA
Index A-II (effective September 04, 2023)5 Indian Railway Finance Corporation
CRISIL AAA 8.29%
Limited
NAV (as on 30.09.24) Rec Limited CRISIL AAA 6.94% 33.95%
LIC Housing Finance Limited CRISIL AAA 6.22% 0.26%
Growth ₹ 24.9125
Bajaj Finance Limited CRISIL AAA 5.63%
Direct Growth ₹ 26.3196 Small Industries Development Bank
CRISIL AAA 4.89%
of India
AUM (as on 30.09.24) ₹ 3,760.66 Cr.
HDFC Bank Limited CRISIL AAA 4.76%
AAUM (for the month Export Import Bank of India CRISIL AAA 4.13%
₹ 3,795.30 Cr. 65.12%
of Sep) Kotak Mahindra Prime Limited CRISIL AAA 3.98%
Power Finance Corporation Limited CRISIL AAA 3.54%
Fund Manager & Experience
National Housing Bank CRISIL AAA 2.71%
Shriram Ramanathan (Fixed Income) AAA and Equivalents SOVEREIGN
Bajaj Housing Finance Limited CRISIL AAA 1.39%
Total Experience 24 Years Money Market Instruments Reverse Repos/ TREPS Alternative Investment
Certificate of Deposit 1.24% Funds (AIF)
Managing this fund Since May 1, 2024 Net Current Assets
Axis Bank Limited CRISIL A1+ 1.24%
Mohd Asif Rizwi (Fixed Income) Securitised Debt Amort 2.34%
Total Experience 15 Years India Universal Trust AL1 PTC (PTC IND AAA
2.34%
of pools from HDFC Bank Limited) AAA(SO)
Managing this fund Since Jan 16, 2024 PRC Matrix^^
Government Securities 33.95%
Minimum Investment1 Potential Risk Class
7.32% GOI BOND 13NOV2030 SOVEREIGN 13.10%
Lumpsum ₹ 5,000 7.37% GOI 23OCT2028 SOVEREIGN 6.74%
Credit Risk → Relatively Relatively
SIP## Please refer page 79 7.10% GOI 18APR29 SOVEREIGN 3.49% Moderate
7.76% MAHARASHTRA 04Oct2030 Interest Rate Low High
Additional Purchase ₹ 1,000 SOVEREIGN 2.85% (Class B)
SDL
Risk ↓ (Class A) (Class C)
Entry Load: “NA” 7.02% GOI 18JUN31 G-SEC SOVEREIGN 2.07%
GOI FRB 04Oct2028 SOVEREIGN 1.39% Relatively Low
Exit Load: NIL
7.04% GOI 03JUN29 G-SEC SOVEREIGN 1.38% (Class I)
Month End Total Expenses Ratios 7.38% GUJARAT 26Apr2030 SDL SOVEREIGN 1.11%
(Annualized)2 7.38% GUJARAT 28Jun2030 SDL SOVEREIGN 0.96% Moderate
A-II
7.17% KARNATAKA 27Nov2029 (Class II)
Regular 3
0.75% SOVEREIGN 0.69%
SDL
Direct 0.27% 8.50% JAMMU & KASHMIR
Relatively High
30MAR2025 SDL
SOVEREIGN 0.13% (Class III)
^The Macaulay duration is the weighted average term 7.72% GOI 25MAY25 SOVEREIGN 0.04% Potential Risk Class (‘PRC’) matrix indicates the maximum interest rate
to maturity of the cash flows from a bond. The weight Alternative Investment Funds risk (measured by Macaulay Duration of the scheme) and maximum credit
of each cash flow is determined by dividing the present 0.26%
(AIF) risk (measured by Credit Risk Value of the scheme) the fund manager can
value of the cash flow by the price. CDMDF CLASS A2 AIF 0.26% take in the scheme. PRC matrix classification is done in accordance with
1
in multiples of Re 1 thereafter. Cash Equivalent 0.67% and subject to the methodology/guidelines prescribed by SEBI to help
TREPS* 0.98% investors take informed decision based on the maximum interest rate risk
TER Annualized TER including GST on Investment
2

Net Current Assets: -0.31% and maximum credit risk the fund manager can take in the scheme, as
Management Fees
depicted in the PRC matrix.
Total Net Assets as on 30-September-2024 100.00%
3
Continuing plans
*TREPS : Tri-Party Repo fully collateralized by G-Sec;
4
As per clause 1.9 of the SEBI Master Circular for Mutual *Portfolio has 0% exposure to Interest Rate Swaps
Funds no. SEBI/HO/IMD/IMD-PoD-1/P/CIR/2024/90
dated June 27, 2024, on ‘Guiding Principles for bringing
uniformity in Benchmarks of Mutual Fund Schemes’ Quantitative Data
has introduced two-tiered structure for benchmarking
of certain categories of schemes. Accordingly, the YTM$ 7.35%
benchmark has been classified as Tier 1 benchmark.
Furthermore, the same is effective from 01 December Average Maturity 3.54 Years
2021.
5
Fund’s benchmark has changed effective September Modified Duration 2.81 Years
04, 2023.
$
YTM is annualized. Macaulay Duration^ 2.96 Years
^^Effective September 04, 2023, the PRC Matrix has
been changed from B-II to A-II

This product is suitable for investors who are seeking*:

Moderate Moderately
High • Generation of regular returns over short term
Low to High
Moderate • The Scheme will Invest predominantly in debt and money market instruments such that the Macaulay duration of the
portfolio is between 1 year to 3 years.
Very High
*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
Low

RISKOMETER
Please note that the above risk-o-meter is as per the product labelling of the scheme available as on the date of this communication/ disclosure. Any change in
Investors understand that their principal risk-o-meter shall be communicated by way of Notice cum Addendum and by way of an e-mail or SMS to unitholders of that particular Scheme.
will be at Moderate risk

40
 HSBC Medium Duration Fund
Medium Duration Fund - An open ended medium term debt scheme investing in instruments such that the Macaulay duration of the
portfolio is between 3 years to 4 years. A relatively high interest rate risk and moderate credit risk.

Investment Objective: To seek to generate income by investing primarily in debt and money market securities. There is no assurance
that the objective of the Scheme will be realised and the Scheme does not assure or guarantee any returns.

Fund Details Issuer Rating % to Net Assets Quantitative Data

Corporate Bonds / Debentures 51.76% YTM $
7.64%
Date of Allotment 02-Feb-15
Rec Limited CRISIL AAA 6.30%
Benchmark: NIFTY Medium Duration Debt Average Maturity 5.79 Years
Indian Railway Finance Corporation
Index A-III5 CRISIL AAA 6.19%
Limited
NAV (as on 30.09.24) Modified Duration 3.80 Years
ONGC Petro Additions Limited
(Letter of comfort from Oil & Natural ICRA AAA (CE) 4.19%
Growth ₹ 19.2163 Gas Corporation Limited) Macaulay Duration^ 3.98 Years
Direct Growth ₹ 20.8614 Shriram Finance Limited CRISIL AA+ 3.75%
AUM (as on 30.09.24) ₹ 834.00 Cr. Small Industries Development Bank Rating Profile
CRISIL AAA 3.24%
of India
AAUM (for the month
₹ 824.39 Cr. Power Finance Corporation Limited CRISIL AAA 3.17%
of Sep) - 2.95%
3.22%
Fund Manager & Experience National Bank for Agriculture & Rural CRISIL AAA /
6.21%
Development ICRA AAA
8.09%
Shriram Ramanathan (Fixed Income) Aditya Birla Renewables Limited CRISIL AA 3.01% 42.71%
Total Experience 24 Years Cholamandalam Investment & 10.72%
Managing this fund Since Feb 02, 2015 ICRA AA+ 2.73% 0.25%
Finance Company Limited
Kapil Punjabi (Fixed Income) Jm Financial Services Limited CRISIL AA 2.59%
Total Experience 18 Years Aadhar Housing Finance Limited IND AA 2.47%
Managing this fund Since Nov 26,2022 Oriental Nagpur Betul Highway 37.96%
CRISIL AAA 2.39%
Limited (Nhai Annuity Receivables)
Minimum Investment1
Patel Knr Heavy Infrastructures
Lumpsum ₹ 5,000 Limited (Nhai Annuity Receivables)
CARE AA+ 1.62%
AAA and Equivalents SOVEREIGN
SIP## Please refer page 79 Phoenix ARC Limited (Kotak Group
CRISIL AA 1.45% AA & Equivalent AA+ and equivalents
Additional Purchase ₹ 1,000 Entity)
National Housing Bank CRISIL AAA 1.25% Reverse Repos/ TREPS Alternative Investment
Entry Load: “NA” Funds (AIF)
TVS Credit Services Limited CRISIL AA 1.20%
Exit Load: NIL Net Current Assets
Money Market Instruments
Month End Total Expenses Ratios
(Annualized)2 Certificate of Deposit 1.64%
Regular3 1.10% Bank of Baroda IND A1+ 1.64%
PRC Matrix
Direct 0.40% Securitised Debt Amort 8.13%
Potential Risk Class
^The Macaulay duration is the weighted average term First Business Receivables Trust
to maturity of the cash flows from a bond. The weight ( Backed by receivables from Credit Risk → Relatively Relatively
CRISIL AAA(SO) 3.57% Moderate
of each cash flow is determined by dividing the present Reliance Industries, Reliance Retail, Low High
value of the cash flow by the price. Reliance Jio) Interest Rate (Class B)
Risk ↓ (Class A) (Class C)
1
in multiples of Re 1 thereafter. Vajra 011 Trust (PTC of pools from
ICRA AAA(SO) 3.23%
Veritas Finance Private Limited)
TER Annualized TER including GST on Investment
2 Relatively Low
Management Fees Sansar Trust IX (PTC of pools from (Class I)
ICRA AAA(SO) 1.33%
Shriram Finance Limited)
3
Continuing plans
Government Securities 37.96% Moderate
4
As per clause 1.9 of the SEBI Master Circular for Mutual (Class II)
Funds no. SEBI/HO/IMD/IMD-PoD-1/P/CIR/2024/90 7.10% GOI 08-Apr-2034 SOVEREIGN 16.50%
dated June 27, 2024, on ‘Guiding Principles for bringing Relatively High
uniformity in Benchmarks of Mutual Fund Schemes’
7.32% GOI BOND 13NOV2030 SOVEREIGN 6.35% B-III
(Class III)
has introduced two-tiered structure for benchmarking 7.18% GOI 24-Jul-2037 SOVEREIGN 4.39%
of certain categories of schemes. Accordingly, the 7.30% GOI 19JUN53 SOVEREIGN 2.57% Potential Risk Class (‘PRC’) matrix indicates the maximum interest rate
benchmark has been classified as Tier 1 benchmark. risk (measured by Macaulay Duration of the scheme) and maximum credit
Furthermore, the same is effective from 01 December 7.18% GOI 14AUG2033 GSEC SOVEREIGN 2.49%
risk (measured by Credit Risk Value of the scheme) the fund manager can
2021. 7.23% GOI 15APR2039 SOVEREIGN 1.93% take in the scheme. PRC matrix classification is done in accordance with
$
YTM is annualized. 7.09% GOI 05AUG2054 SOVEREIGN 1.86% and subject to the methodology/guidelines prescribed by SEBI to help
investors take informed decision based on the maximum interest rate risk
7.04% GOI 03JUN29 G-SEC SOVEREIGN 1.24% and maximum credit risk the fund manager can take in the scheme, as
7.26% GOI 06FEB33 SOVEREIGN 0.63% depicted in the PRC matrix.
Alternative Investment Funds
0.25%
(AIF)
CDMDF CLASS A2 AIF 0.25%
Cash Equivalent 0.26%
TREPS* 3.22%
Net Current Assets: -2.96%
Total Net Assets as on 30-September-2024 100.00%
*TREPS : Tri-Party Repo fully collateralized by G-Sec
*Portfolio has 0.01% exposure to Interest Rate Swaps

This product is suitable for investors who are seeking*:

Moderate Moderately

Low to
High
• Generation of income over medium term
High
Moderate
• An open ended debt scheme predominantly investing in fixed income instruments such that the Macaulay duration of the
portfolio is between 3 years to 4 years.
Low Very High *Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
RISKOMETER

Investors understand that their principal Please note that the above risk-o-meter is as per the product labelling of the scheme available as on the date of this communication/ disclosure. Any change in
risk-o-meter shall be communicated by way of Notice cum Addendum and by way of an e-mail or SMS to unitholders of that particular Scheme.
will be at Moderate risk

41
 HSBC Medium to Long Duration Fund
Medium to Long Duration Fund - An open-ended medium to long term debt scheme investing in instruments such that the Macaulay
duration of the portfolio is between 4 years to 7 years. A relatively high interest rate risk and moderate credit risk.
Investment Objective: To provide a reasonable income through a diversified portfolio of fixed income securities such that the Macaulay
duration of the portfolio is between 4 years to 7 years.

Fund Details Issuer Rating % to Net Assets Quantitative Data

Date of Allotment 10-Dec-02 Government Securities 85.43% YTM $

6.83%
Benchmark: NIFTY Medium to Long Dura- 7.18% GOI 24-Jul-2037 SOVEREIGN 31.82% Average Maturity 10.37 Years
tion Debt Index A-III (effective September 04,
2023) 5 7.10% GOI 08-Apr-2034 SOVEREIGN 21.47%
Modified Duration 6.29 Years
NAV (as on 30.09.24) 7.30% GOI 19JUN53 SOVEREIGN 10.87%
Macaulay Duration^ 6.51 Years
Growth ₹ 40.1695 7.32% GOI BOND 13NOV2030 SOVEREIGN 10.74%

Direct Growth ₹ 44.4434 7.04% GOI 03JUN29 G-SEC SOVEREIGN 10.53%

Rating Profile
AUM (as on 30.09.24) ₹ 49.29 Cr. Alternative Investment Funds
0.25%
AAUM (for the month (AIF) 3.45%
₹ 48.83 Cr.
of Sep) CDMDF CLASS A2 AIF 0.25% 10.87%
Fund Manager & Experience
Cash Equivalent 14.32%
Kapil Punjabi (Fixed Income)
TREPS* 3.45%
Total Experience 18 Years 0.25%
Managing this fund Since Jul, 15 2023 Net Current Assets: 10.87%
Shriram Ramanathan (Fixed Income) Total Net Assets as on 30-September-2024 100.00%
Total Experience 24 Years *TREPS : Tri-Party Repo fully collateralized by G-Sec
Managing this fund Since Nov, 26 2022
85.43%
Minimum Investment1
Lumpsum ₹ 5,000
SIP## Please refer page 79 SOVEREIGN Net Current Assets
Additional Purchase ₹ 1,000
Reverse Repos/ TREPS Alternative Investment
Entry Load: “NA” Funds (AIF)
Exit Load: NIL
Month End Total Expenses Ratios PRC Matrix^^
(Annualized)2
Potential Risk Class
Regular3 1.90%
Credit Risk → Relatively Relatively
Direct 0.67% Moderate
Interest Rate Low High
^The Macaulay duration is the weighted average term (Class B)
to maturity of the cash flows from a bond. The weight Risk ↓ (Class A) (Class C)
of each cash flow is determined by dividing the present
value of the cash flow by the price. Relatively Low
1
in multiples of Re 1 thereafter. (Class I)
TER Annualized TER including GST on Investment
2
Moderate
Management Fees (Class II)
3
Continuing plans
Relatively High
4
As per clause 1.9 of the SEBI Master Circular for Mutual A-III
Funds no. SEBI/HO/IMD/IMD-PoD-1/P/CIR/2024/90
(Class III)
dated June 27, 2024, on ‘Guiding Principles for bringing
uniformity in Benchmarks of Mutual Fund Schemes’ Potential Risk Class (‘PRC’) matrix indicates the maximum interest rate
has introduced two-tiered structure for benchmarking risk (measured by Macaulay Duration of the scheme) and maximum credit
risk (measured by Credit Risk Value of the scheme) the fund manager can
of certain categories of schemes. Accordingly, the
take in the scheme. PRC matrix classification is done in accordance with
benchmark has been classified as Tier 1 benchmark.
and subject to the methodology/guidelines prescribed by SEBI to help
Furthermore, the same is effective from 01 December
investors take informed decision based on the maximum interest rate risk
2021.
and maximum credit risk the fund manager can take in the scheme, as
5
Fund’s benchmark has changed effective September depicted in the PRC matrix.
04, 2023.
$
YTM is annualized.
^^ Effective September 04, 2023, the PRC Matrix has
been changed from B-III to A-III

This product is suitable for investors who are seeking*:

Moderate Moderately
High • Regular income over medium to long term
Low to High
Moderate • This scheme primarily takes exposure to securities with Macaulay duration of the portfolio is between 4 years to 7 years.
*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
Low Very High

RISKOMETER Please note that the above risk-o-meter is as per the product labelling of the scheme available as on the date of this communication/ disclosure. Any change in
Investors understand that their principal risk-o-meter shall be communicated by way of Notice cum Addendum and by way of an e-mail or SMS to unitholders of that particular Scheme.
will be at Moderate risk

42
 HSBC Dynamic Bond Fund
Dynamic Bond Fund - An open ended dynamic debt scheme investing across duration. A relatively high interest rate risk and relatively
low credit risk.
Investment Objective: To deliver returns in the form of interest income and capital gains, along with high liquidity, commensurate with the
current view on the markets and the interest rate cycle, through active investment in debt and money market instruments. However, there
can be no assurance or guarantee that the investment objective of the scheme would be achieved.

Fund Details Issuer Rating % to Net Assets Quantitative Data

Date of Allotment 27-Sep-10 Corporate Bonds / Debentures 9.74% YTM$ 6.97%
Benchmark: NIFTY Composite Debt Index National Bank for Agriculture &
ICRA AAA 6.50% Average Maturity 15.95 Years
A-III 5 Rural Development
LIC Housing Finance Limited CRISIL AAA 3.24% Modified Duration 8.19 Years
NAV (as on 30.09.24)
Government Securities 88.05% Macaulay Duration^ 8.48 Years
Growth ₹ 28.1689
Direct Growth ₹ 30.3823 7.10% GOI 08-Apr-2034 SOVEREIGN 33.29%
Rating Profile
AUM (as on 30.09.24) 158.95 7.18% GOI 24-Jul-2037 SOVEREIGN 26.31%
AAUM (for the month 7.30% GOI 19JUN53 SOVEREIGN 16.85% 1.82% 0.35%
160.40 9.74%
of Sep) 7.34% GOI 22APR2064 SOVEREIGN 10.27%
Fund Manager & Experience 7.32% GOI BOND 13NOV2030 SOVEREIGN 1.33%
Mahesh Chhabria (Fixed Income) Alternative Investment Funds
0.35% 0.04%
Total Experience 14 Years (AIF)
Managing this fund Since May 1, 2024 CDMDF CLASS A2 AIF 0.35%
Shriram Ramanathan (Fixed Income) Cash Equivalent 1.86%
Total Experience 24 Years TREPS* 1.82%
Managing this fund Since Feb 02, 2015 88.05%
Net Current Assets: 0.04%
Minimum Investment1
Total Net Assets as on 30-September-2024 100.00%
Lumpsum ₹ 5,000 SOVEREIGN AAA and Equivalents
*TREPS : Tri-Party Repo fully collateralized by G-Sec
SIP## Please refer page 79
Reverse Repos/ TREPS Alternative Investment
Additional Purchase ₹ 1,000 Funds (AIF)
Net Current Assets
Entry Load: “NA”
Exit Load: NIL
Month End Total Expenses Ratios PRC Matrix
(Annualized)2
Potential Risk Class
Regular3 0.78%
Credit Risk → Relatively Relatively
Direct 0.20% Moderate
Interest Rate Low High
^The Macaulay duration is the weighted average term (Class B)
Risk ↓ (Class A) (Class C)
to maturity of the cash flows from a bond. The weight
of each cash flow is determined by dividing the present
value of the cash flow by the price. Relatively Low
(Class I)
1
in multiples of Re 1 thereafter.
TER Annualized TER including GST on Investment
2 Moderate
Management Fees (Class II)
3
Continuing plans
Relatively High
As per clause 1.9 of the SEBI Master Circular for Mutual A-III
4
(Class III)
Funds no. SEBI/HO/IMD/IMD-PoD-1/P/CIR/2024/90
dated June 27, 2024, on ‘Guiding Principles for bringing Potential Risk Class (‘PRC’) matrix indicates the maximum interest rate
uniformity in Benchmarks of Mutual Fund Schemes’ risk (measured by Macaulay Duration of the scheme) and maximum credit
has introduced two-tiered structure for benchmarking risk (measured by Credit Risk Value of the scheme) the fund manager can
of certain categories of schemes. Accordingly, the take in the scheme. PRC matrix classification is done in accordance with
benchmark has been classified as Tier 1 benchmark. and subject to the methodology/guidelines prescribed by SEBI to help
Furthermore, the same is effective from 01 December investors take informed decision based on the maximum interest rate risk
2021. and maximum credit risk the fund manager can take in the scheme, as
depicted in the PRC matrix.
$
YTM is annualized.

This product is suitable for investors who are seeking*:

Moderate Moderately
High • Generation of reasonable returns over medium to long term
Low to High
Moderate • The Scheme invests across all classes of fixed income instruments with no cap or floor on maturity, duration or instrument
type concentrations. This makes the scheme different from other existing open – ended income/debt schemes of the Fund.
Very High
*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
Low

RISKOMETER
Please note that the above risk-o-meter is as per the product labelling of the scheme available as on the date of this communication/ disclosure. Any change in
Investors understand that their principal risk-o-meter shall be communicated by way of Notice cum Addendum and by way of an e-mail or SMS to unitholders of that particular Scheme.
will be at Moderate risk

43
 HSBC Corporate Bond Fund
Corporate Bond Fund - An open-ended debt scheme predominantly investing in AA+ and above rated corporate bonds. A relatively high
interest rate risk and relatively low credit risk.
Investment Objective: To generate regular return by investing predominantly in AA+ and above rated debt and money market instruments.
There is no assurance that the objective of the Scheme will be realised and the Scheme does not assure or guarantee any returns.

Fund Details Issuer Rating % to Net Assets Quantitative Data

Date of Allotment 31-Mar-97 Corporate Bonds / YTM$ 7.25%
79.39%
Debentures
Benchmark: NIFTY Corporate Bond Index Average Maturity 4.12 Years
A-II5 National Highways Authority
CRISIL AAA 8.59%
of India
NAV (as on 30.09.24) Modified Duration 3.34 Years
NTPC Limited CRISIL AAA 7.98%
Growth ₹ 68.7997 HDFC Bank Limited CRISIL AAA 7.41% Macaulay Duration 3.53 Years
Direct Growth ₹ 73.1009 Indian Railway Finance
CRISIL AAA 6.47%
AUM (as on 30.09.24) ₹ 6,562.21 Cr. Corporation Limited
Rating Profile
AAUM (for the month Power Grid Corporation of
₹ 6,296.69 Cr. CRISIL AAA 6.34%
of Sep) India Limited 1.00% - 0.80%
Fund Manager & Experience Indian Oil Corporation Limited CRISIL AAA 5.06%
Rec Limited CRISIL AAA 4.96% 20.15%
Kapil Punjabi (Fixed Income)
Total Experience 18 Years ICICI Bank Limited CARE AAA 4.67% 0.29%
Managing this fund Since May 1, 2024 LIC Housing Finance Limited CRISIL AAA 4.64%
Shriram Ramanathan (Fixed Income) National Bank for Agriculture & CRISIL AAA /
7.16%
Total Experience 24 Years Rural Development ICRA AAA
Managing this fund Since June 30, 2014 Bajaj Finance Limited CRISIL AAA 2.75% 79.36%
Minimum Investment1 Export Import Bank of India CRISIL AAA 2.73%
Lumpsum ₹ 5,000 Housing and Urban AAA and Equivalents
CARE AAA / SOVEREIGN
SIP## Please refer page 79 Development Corporation 3.06%
ICRA AAA Reverse Repos/ TREPS Alternative Investment
Limited
Additional Purchase ₹ 1,000 Funds (AIF)
Power Finance Corporation Net Current Assets
Entry Load: “NA” CRISIL AAA 2.43%
Limited
Exit Load: Nil Kotak Mahindra Bank Limited CRISIL AAA 1.64%
Month End Total Expenses Ratios PRC Matrix
Kotak Mahindra Prime Limited CRISIL AAA 1.54%
(Annualized)2
Small Industries Development Potential Risk Class
Regular3 0.64% CRISIL AAA 1.18%
Bank of India
Direct 0.30% Credit Risk → Relatively Relatively
Nuclear Power Corporation Of Moderate
CRISIL AAA 0.78%
Interest Rate Low High
in multiples of Re 1 thereafter. India Limited (Class B)
1
Risk ↓ (Class A) (Class C)
TER Annualized TER including GST on Investment
2 Government Securities 20.15%
Management Fees 7.38% GOI 20JUN2027 SOVEREIGN 4.75% Relatively Low
3
Continuing plans (Class I)
7.37% GOI 23OCT2028 SOVEREIGN 3.78%
4
As per clause 1.9 of the SEBI Master Circular for Mutual Moderate
Funds no. SEBI/HO/IMD/IMD-PoD-1/P/CIR/2024/90 7.06% GOI 10APR28 SOVEREIGN 3.58%
(Class II)
dated June 27, 2024, on ‘Guiding Principles for bringing 7.15% KARNATAKA 09OCT28
uniformity in Benchmarks of Mutual Fund Schemes’ SOVEREIGN 2.38%
SDL Relatively High
has introduced two-tiered structure for benchmarking A-III
7.17% GOI 08JAN28 SOVEREIGN 1.77% (Class III)
of certain categories of schemes. Accordingly, the
benchmark has been classified as Tier 1 benchmark. Potential Risk Class (‘PRC’) matrix indicates the maximum interest rate
7.26% GS 2029 SOVEREIGN 1.03%
Furthermore, the same is effective from 01 December risk (measured by Macaulay Duration of the scheme) and maximum credit
2021. 6.47% MAHARASHTRA risk (measured by Credit Risk Value of the scheme) the fund manager can
SOVEREIGN 0.77%
$
YTM is annualized. 21OCT2028 SDL take in the scheme. PRC matrix classification is done in accordance with
and subject to the methodology/guidelines prescribed by SEBI to help
6.44% MAHARASHTRA investors take informed decision based on the maximum interest rate risk
SOVEREIGN 0.76%
12AUG28 SDL and maximum credit risk the fund manager can take in the scheme, as
7.18% MAHARASHTRA depicted in the PRC matrix.
SOVEREIGN 0.39%
28JUN2029 SDL
6.35% MAHARASHTRA SDL
SOVEREIGN 0.38%
25Nov2028
7.05% Gujarat SGS
SOVEREIGN 0.32%
14Aug2028
7.69% GUJARAT 20 Dec
SOVEREIGN 0.24%
2027 SDL
Alternative Investment Funds
0.29%
(AIF)
CDMDF CLASS A2 AIF 0.29%
Cash Equivalent 0.17%
TREPS* 1.00%
Net Current Assets: -0.83%
Total Net Assets as on 30-September-2024 100.00%
*TREPS : Tri-Party Repo fully collateralized by G-Sec

This product is suitable for investors who are seeking*:

Moderate Moderately
High • Generation of regular and stable income over medium to long term
Low to High
Moderate • The Scheme will invest predominantly in corporate debt securities rated AA+ and above
*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
Low Very High

RISKOMETER
Please note that the above risk-o-meter is as per the product labelling of the scheme available as on the date of this communication/ disclosure. Any change in
Investors understand that their principal risk-o-meter shall be communicated by way of Notice cum Addendum and by way of an e-mail or SMS to unitholders of that particular Scheme.
will be at Moderate risk

44
 HSBC Banking and PSU Debt Fund
Banking and PSU Fund - An open-ended debt scheme primarily investing in debt instruments of banks, public sector undertakings, public
financial institutions and municipal bonds. A relatively high interest rate risk and relatively low credit.
Investment Objective: To generate reasonable returns by primarily investing in debt and money market securities that are issued by
Banks, Public Sector Undertakings (PSUs) and Public Financial Institutions (PFIs) in India. There is no assurance that the objective of the
Scheme will be realised and the Scheme does not assure or guarantee any returns.

Fund Details Issuer Rating % to Net Assets Quantitative Data

Date of Allotment 12-Sep-12 Corporate Bonds / Debentures 78.72% YTM$ 7.44%
Benchmark: Nifty Banking & PSU Debt Small Industries Development Bank
ICRA AAA 10.40% Average Maturity 1.55 Years
Index A-II5 of India

NAV (as on 30.09.24) National Bank for Agriculture & Rural

CRISIL AAA 9.33% Modified Duration 1.37 Years
Development
Growth ₹ 22.8188 Macaulay Duration 1.46 Years
NTPC Limited CRISIL AAA 8.36%
Direct Growth ₹ 23.9677
Indian Railway Finance Corporation
AUM (as on 30.09.24) ₹ 4,204.44 Cr. CRISIL AAA 8.21%
Limited
AAUM (for the month Rating Profile
₹ 4,489.65 Cr. National Housing Bank CRISIL AAA 6.15%
of Sep)
Power Finance Corporation Limited CRISIL AAA 5.96% 0.84% 0.29%
Fund Manager & Experience 19.08%
Rec Limited CRISIL AAA 5.49%
Mahesh Chhabria (Fixed Income)
Total Experience 14 Years Export Import Bank of India CRISIL AAA 4.77%
Managing this fund Since Nov 26,2022 CARE AAA / - 0.04%
HDFC Bank Limited 4.61%
Mohd. Asif Rizwi (Fixed Income) CRISIL AAA

Total Experience 14.5 Years Power Grid Corporation of India

CRISIL AAA 3.31%
Managing this fund Since May 1, 2024 Limited

Minimum Investment 1 Bajaj Housing Finance Limited CRISIL AAA 3.10%

79.83%
Lumpsum ₹ 5,000 Axis Bank Limited CRISIL AAA 2.50%
AAA and equivalents SOVEREIGN
SIP## Please refer page 79 Bajaj Finance Limited CRISIL AAA 1.90%
Additional Purchase ₹ 1,000 Reverse Repos/ TREPS Alternative Investment
ICRA AAA /
Indian Oil Corporation Limited 3.29% Funds (AIF)
Entry Load: “NA” CRISIL AAA Net Current Assets
Exit Load2: NIL Housing and Urban Development
ICRA AAA 1.22%
Corporation Limited
Month End Total Expenses Ratios PRC Matrix
(Annualized)2 Kotak Mahindra Bank Limited CRISIL AAA 0.12%
Potential Risk Class
Regular3 0.61% Money Market Instruments
Direct 0.23% Credit Risk → Relatively Relatively
Moderate
Certificate of Deposit 1.11%
Interest Rate Low High
1
in multiples of Re 1 thereafter. (Class B)
Risk ↓ (Class A) (Class C)
TER Annualized TER including GST on Investment
2
HDFC Bank Limited CARE A1+ 1.11%
Management Fees
Government Securities 19.08%
Relatively Low
3
Continuing plans (Class I)
4
As per clause 1.9 of the SEBI Master Circular for Mutual 5.63% GOI 12APR2026 SOVEREIGN 6.50%
Funds no. SEBI/HO/IMD/IMD-PoD-1/P/CIR/2024/90 Moderate
dated June 27, 2024, on ‘Guiding Principles for bringing 7.38% GOI 20JUN2027 SOVEREIGN 5.80% (Class II)
uniformity in Benchmarks of Mutual Fund Schemes’
has introduced two-tiered structure for benchmarking 5.74% GOI 15NOV2026 SOVEREIGN 3.94% Relatively High
A-III
of certain categories of schemes. Accordingly, the (Class III)
6.99% GOI17APR26 SOVEREIGN 2.84%
benchmark has been classified as Tier 1 benchmark.
Potential Risk Class (‘PRC’) matrix indicates the maximum interest rate
Furthermore, the same is effective from 01 December Alternative Investment Funds
0.29% risk (measured by Macaulay Duration of the scheme) and maximum credit
2021. (AIF) risk (measured by Credit Risk Value of the scheme) the fund manager can
$
YTM is annualized. CDMDF CLASS A2 AIF 0.29% take in the scheme. PRC matrix classification is done in accordance with
and subject to the methodology/guidelines prescribed by SEBI to help
Cash Equivalent 0.80% investors take informed decision based on the maximum interest rate risk
and maximum credit risk the fund manager can take in the scheme, as
TREPS* 0.84% depicted in the PRC matrix.

Net Current Assets: -0.04%

Total Net Assets as on 30-September-2024 100.00%

*TREPS : Tri-Party Repo fully collateralized by G-Sec

This product is suitable for investors who are seeking*:

Moderate Moderately
High • Generation of reasonable returns and liquidity over short term.
Low to High
Moderate • The portfolio will primarily be invested in debt and money market instruments consisting predominantly of securities issued
by entities such as Banks, Public Sector undertakings, Public Financial Institutions (PFIs) and Municipal Bonds..
Very High
*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
Low

RISKOMETER

Investors understand that their principal Please note that the above risk-o-meter is as per the product labelling of the scheme available as on the date of this communication/ disclosure. Any change in
will be from Low to Moderate risk risk-o-meter shall be communicated by way of Notice cum Addendum and by way of an e-mail or SMS to unitholders of that particular Scheme.

45
 HSBC Credit Risk Fund
Credit Risk Fund - An open-ended debt scheme predominantly investing in AA and below rated corporate bonds (excluding AA+ rated
corporate bonds). A relatively high interest rate risk and relatively high credit risk.
Investment Objective: To generate regular returns and capital appreciation by investing predominantly in AA and below rated corporate
bonds, debt, government securities and money market instruments. There is no assurance that the objective of the Scheme will be realised
and the Scheme does not assure or guarantee any returns.

Fund Details Issuer Rating % to Net Assets Quantitative Data

Date of Allotment 08-Oct-09 Corporate Bonds / Debentures 65.72% YTM $

7.90%
Benchmark: NIFTY Credit Risk Bond Index Godrej Industries Limited CRISIL AA 6.60%
Average Maturity 3.45 Years
B-II5 Godrej Housing Finance Limited CRISIL AA 5.59%

NAV (as on 30.09.24) Nirma Limited CRISIL AA 4.58% Modified Duration 2.63 Years

Growth ₹ 27.1948 JSW Steel Limited CARE AA 4.52%

Macaulay Duration 2.75 Years
National Bank for Agriculture & Rural
Direct Growth ₹ 29.3069 Development CRISIL AAA 4.49%

AUM (as on 30.09.24) ₹ 577.83 Cr Century Textiles & Industries Limited CRISIL AA 4.40% Rating Profile
AAUM (for the month Tata Projects Limited IND AA 4.40%
₹ 576.13 Cr
of Sep) 1.73%
0.25% - 2.82%
Aditya Birla Renewables Limited CRISIL AA 4.34%
Fund Manager & Experience 3.30%
Nuvoco Vistas Corp Limited CRISIL AA 4.34%
Shriram Ramanathan (Fixed Income) 10.86%
Jm Financial Services Limited CRISIL AA 3.74%
Total Experience 24 Years 0.92%
Phoenix ARC Limited (Kotak Group
Managing this fund Since Nov 24, 2012 Entity) CRISIL AA 2.79%
Kapil Punjabi (Fixed Income) National Housing Bank CRISIL AAA 2.71% 29.88%
Total Experience 18 Years ICRA AA /
Aadhar Housing Finance Limited 4.41% 55.88%
Managing this fund Since Nov 26, 2022 IND AA

Minimum Investment1 TVS Credit Services Limited CRISIL AA 2.60%

Lumpsum ₹ 5,000 ONGC Petro Additions Limited AAA and Equivalents

CRISIL AA / AA and equivalents SOVEREIGN
(Letter of comfort from Oil & Natural 3.56%
ICRA AA
SIP## Please refer page 79 Gas Corporation Limited) Reverse Repos/ TREPS AA- & Below AA+ & Equivalent

Additional Purchase ₹ 1,000 IndoStar Capital Finance Limited CRISIL AA- 1.73%
Alternative Investment Funds (AIF) Net Current Assets

Entry Load: “NA” Tata power Company Limited CARE AA+ 0.92%

Exit Load2: • Units redeemed or switched Securitised Debt Amort 3.66%

out are upto 10% of the units purchased or PRC Matrix
Vajra 011 Trust (PTC of pools from
switched in (“the limit”) within 2 years from ICRA AAA(SO) 3.66%
Veritas Finance Private Limited)
the date of allotment – Nil Potential Risk Class
Government Securities 29.88%
• Units redeemed or switched out are over
Credit Risk → Relatively Relatively
and above the limit within 1 year from the 7.18% GOI 14AUG2033 GSEC SOVEREIGN 10.77% Moderate
date of allotment –3%. 7.32% GOI BOND 13NOV2030 SOVEREIGN 8.25%
Interest Rate Low High
(Class B)
• Units redeemed or switched on or after 1 7.18% GOI 24-Jul-2037 SOVEREIGN 3.62% Risk ↓ (Class A) (Class C)
year upto 2 years from the date of allotment 7.10% GOI 18APR29 SOVEREIGN 2.72%
–2%. Relatively Low
• Units redeemed or switched on or after 2
7.04% GOI 03JUN29 G-SEC SOVEREIGN 2.69% (Class I)
years from the date of allotment –Nil 7.10% GOI 08-Apr-2034 SOVEREIGN 1.83% Moderate
Alternative Investment Funds 0.25% (Class II)
Month End Total Expenses Ratios (AIF)
(Annualized)2 Relatively High
CDMDF CLASS A2 AIF 0.25% C-III
(Class III)
Regular 3
1.68% Cash Equivalent 0.48%
Potential Risk Class (‘PRC’) matrix indicates the maximum interest rate
Direct 0.86% TREPS* 3.30% risk (measured by Macaulay Duration of the scheme) and maximum credit
risk (measured by Credit Risk Value of the scheme) the fund manager can
1
in multiples of Re 1 thereafter. Net Current Assets: -2.82%
take in the scheme. PRC matrix classification is done in accordance with
TER Annualized TER including GST on Investment
2 Total Net Assets as on 30-September-2024 100.00% and subject to the methodology/guidelines prescribed by SEBI to help
Management Fees *TREPS : Tri-Party Repo fully collateralized by G-Sec investors take informed decision based on the maximum interest rate risk
and maximum credit risk the fund manager can take in the scheme, as
3
Continuing plans
depicted in the PRC matrix.
4
As per clause 1.9 of the SEBI Master Circular for Mutual
Funds no. SEBI/HO/IMD/IMD-PoD-1/P/CIR/2024/90
dated June 27, 2024, on ‘Guiding Principles for bringing
uniformity in Benchmarks of Mutual Fund Schemes’
has introduced two-tiered structure for benchmarking
of certain categories of schemes. Accordingly, the
benchmark has been classified as Tier 1 benchmark.
Furthermore, the same is effective from 01 December
2021
$
YTM is annualized.
Restriction on fresh/additional subscription through
any investment mode such as lumpsum investment,
switches, etc. and/or fresh enrolment of facilities
such as SIP, STP facility etc. under HSBC Credit Risk
Fund upto a limit of INR 5 lakhs per month per PAN
with effect from November 1, 2023 (effective date), till
further notice. Investors are further requested to refer
latest Notice cum addendum in this regard as available
on the website of HSBC Mutual Fund for any update.

This product is suitable for investors who are seeking*:

Moderate Moderately
High • Generation of regular returns and capital appreciation over medium to long term
Low to High
Moderate
• An open ended debt scheme predominantly investing in AA and below rated corporate bonds. The scheme may also invest
in various debt securities, government securities and money market instruments, REITs and InvITs
Low Very High
*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.

RISKOMETER
Please note that the above risk-o-meter is as per the product labelling of the scheme available as on the date of this communication/ disclosure. Any change in
Investors understand that their principal risk-o-meter shall be communicated by way of Notice cum Addendum and by way of an e-mail or SMS to unitholders of that particular Scheme.
will be at Moderately High risk

46
 HSBC Gilt Fund
Gilt Fund - An open-ended debt scheme investing in government securities across maturity. A relatively high interest rate risk and relatively
low credit risk.
Investment Objective: To generate returns from a portfolio from investments in Government Securities. There is no assurance that the
objective of the Scheme will be realised and the Scheme does not assure or guarantee any returns.

Fund Details Issuer Rating % to Net Assets Quantitative Data

Date of Allotment 29-Mar-00 Government Securities 97.38% YTM$ 6.95%
Benchmark: NIFTY All Duration G-Sec 7.30% GOI 19JUN53 SOVEREIGN 29.47% Average Maturity 21.33 Years
Index5
7.18% GOI 24-Jul-2037 SOVEREIGN 19.18%
NAV (as on 30.09.24) Modified Duration 9.77 Years
7.10% GOI 08-Apr-2034 SOVEREIGN 14.56%
Growth ₹ 63.6786 Macaulay Duration 10.11 Years
7.34% GOI 22APR2064 SOVEREIGN 12.72%
Direct Growth ₹ 72.3601
7.18% GOI 14AUG2033 GSEC SOVEREIGN 9.51%
AUM (as on 30.09.24) ₹ 218.09 Cr.
Rating Profile
AAUM (for the month 7.09% GOI 05AUG2054 SOVEREIGN 9.48%
₹ 203.04 Cr.
of Sep) 7.23% GOI 15APR2039 SOVEREIGN 2.46%
2.58% 0.04%
Fund Manager & Experience
Cash Equivalent 2.62%
Shriram Ramanathan (Fixed Income)
TREPS* 2.58%
Total Experience 24 Years
Managing this fund Since April 03, 2017 Net Current Assets: 0.04%
Mohd Asif Rizwi (Fixed Income) Total Net Assets as on 30-September-2024 100.00% 97.38%
Total Experience 15 Years
*TREPS : Tri-Party Repo fully collateralized by G-Sec
Managing this fund Since May 1, 2024
Minimum Investment1
Lumpsum ₹ 5,000
SIP## Please refer page 79
SOVEREIGN Reverse Repos/ TREPS
Additional Purchase ₹ 1,000
Net Current Assets
Entry Load: “NA”
Exit Load2: NIL
Month End Total Expenses Ratios PRC Matrix
(Annualized)2
Potential Risk Class
Regular3 1.70%
Direct 0.48% Credit Risk → Relatively Relatively
Moderate
in multiples of Re 1 thereafter. Interest Rate Low High
1
(Class B)
Risk ↓ (Class A) (Class C)
TER Annualized TER including GST on Investment
2

Management Fees
Relatively Low
3
Continuing plans
(Class I)
4
As per clause 1.9 of the SEBI Master Circular for Mutual
Funds no. SEBI/HO/IMD/IMD-PoD-1/P/CIR/2024/90 Moderate
dated June 27, 2024, on ‘Guiding Principles for bringing (Class II)
uniformity in Benchmarks of Mutual Fund Schemes’
has introduced two-tiered structure for benchmarking Relatively High
A-III
of certain categories of schemes. Accordingly, the (Class III)
benchmark has been classified as Tier 1 benchmark.
Furthermore, the same is effective from 01 December Potential Risk Class (‘PRC’) matrix indicates the maximum interest rate
2021 risk (measured by Macaulay Duration of the scheme) and maximum credit
risk (measured by Credit Risk Value of the scheme) the fund manager can
$
YTM is annualized. take in the scheme. PRC matrix classification is done in accordance with
and subject to the methodology/guidelines prescribed by SEBI to help
investors take informed decision based on the maximum interest rate risk
and maximum credit risk the fund manager can take in the scheme, as
depicted in the PRC matrix.

This product is suitable for investors who are seeking*:

Moderate Moderately
High • Generation of returns over medium to long term
Low to High
Moderate
• The Scheme as per the asset allocation pattern has to invest a minimum of 80% in Government Securities and Treasury
bills.
Low Very High
*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.

RISKOMETER
Please note that the above risk-o-meter is as per the product labelling of the scheme available as on the date of this communication/ disclosure. Any change in
Investors understand that their principal risk-o-meter shall be communicated by way of Notice cum Addendum and by way of an e-mail or SMS to unitholders of that particular Scheme.
will be at Moderate risk

47
 HSBC Conservative Hybrid Fund
Conservative Hybrid Fund - An open ended hybrid scheme investing predominantly in debt instruments.
Investment Objective: To seek generation of reasonable returns through investments in debt and money market Instruments. The
secondary objective of the Scheme is to invest in equity and equity related instruments to seek capital appreciation. However, there can be
no assurance or guarantee that the investment objective of the scheme would be achieved.

Fund Details % to Net

Issuer Rating Quantitative Data
Assets
Date of Allotment 24-Feb-04
EQUITY 23.02% YTM$ 6.92%
Benchmark: NIFTY 50 Hybrid Composite GE TandD India Limited Electrical Equipment 1.76%
Debt 15:85 Index5 Average Maturity 14.04 Years
Transformers And Rectifiers (India)
Electrical Equipment 1.42%
NAV (as on 30.09.24) Limited
Modified Duration 7.62 Years
Siemens Limited Electrical Equipment 1.35%
Growth ₹ 59.0689
KPIT Technologies Limited IT - Software 1.09%
Direct Growth ₹ 65.6489 Macaulay Duration^ 7.88 Years
Zomato Limited Retailing 1.02%
AUM (as on 30.09.24) ₹ 133.94 Cr.
KEI Industries Limited Industrial Products 1.00%
AAUM (for the month TD Power Systems Limited Electrical Equipment 0.89%
₹ 133.98 Cr. Industry Allocation
of Sep)
CG Power and Industrial Solutions
Electrical Equipment 0.85%
Fund Manager & Experience Limited
Government Securities 68.40%
Mahesh Chhabria (Fixed Income) Persistent Systems Limited IT - Software 0.81%
Kaynes Technology India Ltd Industrial Manufacturing 0.81% Electrical Equipment 8.28%
Total Experience 14 Years
Managing this fund Since Jul 15,2023 ABB India Limited Electrical Equipment 0.81% Reverse Repos/TREPS 4.93%
Retailing 2.09%
Kapil Punjabi (Fixed Income) Trent Limited Retailing 0.79%
Safari Industries India Limited Consumer Durables 0.77% IT - Software 2.07%
Total Experience 18 Years
Managing this fund Since May 1, 2024 Medi Assist Healthcare Services Construction 1.83%
Insurance 0.76%
Limited Industrial Products 1.71%
Cheenu Gupta (Equity)
Sobha Limited Realty 0.72% Realty 1.36%
Total Experience 17 Years
Universal Cables Limited Industrial Products 0.71%
Managing this fund Since Nov 26,2022 Finance 0.81%
Cholamandalam Investment & Industrial Manufacturing
Abhishek Gupta (Equity) Finance 0.70% 0.81%
Finance Company Limited
Consumer Durables 0.77%
Total Experience 19 Years Suzlon Energy Limited Electrical Equipment 0.69%
Managing this fund Since Apr 1,2024 Larsen & Toubro Limited Construction 0.69%
Insurance 0.76%

Sonal Gupta (Overseas Investments) Banks 0.71%

ICICI Bank Limited Banks 0.67%
Leisure Services 0.65%
Total Experience 20 Years The Indian Hotels Company Limited Leisure Services 0.65%
Managing this fund Since Dec, 2023 Bharat Electronics Limited Aerospace & Defense 0.64%
Aerospace & Defense 0.64%

Lumpsum ₹ 5,000 Power Mech Projects Limited Construction 0.63% Fertilizers & Agrochemicals 0.53%
AIF 0.25%
SIP## Please refer page 79 Godrej Properties Limited Realty 0.59%
Net Current Assets - 0.29%
Additional Purchase ₹ 1,000 Paradeep Phosphates Limited
Fertilizers &
0.53%
Agrochemicals Debt Instrument 3.69%
Entry Load: “NA”
Ahluwalia Contracts (India) Limited Construction 0.51%
Exit Load: Nil Triveni Turbine Limited Electrical Equipment 0.51%
Month End Total Expenses Ratios Aditya Vision Limited Retailing 0.28%
(Annualized)2 Rating Profile
Infosys Limited IT - Software 0.17%
Regular3 2.17% Sundaram Finance Limited Finance 0.11%
Direct 1.34% 5.79%
SOBHA LTD - PARTLY PAID Realty 0.05%
6.88%
^The Macaulay duration is the weighted average term HDFC Bank Limited Banks 0.04%
to maturity of the cash flows from a bond. The weight
Money Market Instruments
of each cash flow is determined by dividing the present
value of the cash flow by the price. Certificate of Deposit 3.69% 10.35% 76.98%
1
in multiples of Re 1 thereafter. Axis Bank Limited CRISIL A1+ 3.69%
TER Annualized TER including GST on Investment
2 Government Securities 68.40%
Management Fees 7.18% GOI 24-Jul-2037 SOVEREIGN 19.52%
3
Continuing plans 7.18% GOI 14AUG2033 GSEC SOVEREIGN 18.58%
4
As per clause 1.9 of the SEBI Master Circular for Mutual 7.30% GOI 19JUN53 SOVEREIGN 12.00%
Funds no. SEBI/HO/IMD/IMD-PoD-1/P/CIR/2024/90
dated June 27, 2024, on ‘Guiding Principles for bringing 7.09% GOI 05AUG2054 SOVEREIGN 7.72%
uniformity in Benchmarks of Mutual Fund Schemes’ 7.10% GOI 08-Apr-2034 SOVEREIGN 3.95%
has introduced two-tiered structure for benchmarking Debt Small Cap Large Cap
7.10% GOI 18APR29 SOVEREIGN 3.91%
of certain categories of schemes. Accordingly, the
benchmark has been classified as Tier 1 benchmark. 7.06% GOI 10APR28 SOVEREIGN 2.34% Mid Cap
Furthermore, the same is effective from 01 December 7.17% GOI 08JAN28 SOVEREIGN 0.38%
2021.
Alternative Investment Funds (AIF) 0.25%
$
YTM is annualized.
CDMDF CLASS A2 AIF 0.25% Rating Profile
Cash Equivalent 4.64%
TREPS* 4.93% SOVEREIGN 68.40%
Net Current Assets: -0.29%
AAA / A1+ and Equivalents 3.69%
Total Net Assets as on 30-September-2024 100.00%
*TREPS : Tri-Party Repo fully collateralized by G-Sec Reverse Repos/TREPS 4.93%

Net Current Assets - 0.29%

This product is suitable for investors who are seeking*:

Moderate Moderately
High • Capital appreciation over medium to long term
Low to High
Moderate
• Investment in fixed income (debt and money market instruments) as well as equity and equity related securities
*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
Low Very High

RISKOMETER
Please note that the above risk-o-meter is as per the product labelling of the scheme available as on the date of this communication/ disclosure. Any change in
Investors understand that their principal risk-o-meter shall be communicated by way of Notice cum Addendum and by way of an e-mail or SMS to unitholders of that particular Scheme.
will be at Moderately High risk

48
 HSBC CRISIL IBX 50-50 Gilt Plus SDL Apr 2028 Index Fund
Index Fund - An open-ended Target Maturity Index Fund tracking CRISIL IBX 50:50 Gilt Plus SDL Index – April 2028. Relatively high
interest rate risk and relatively low credit risk
Investment Objective: To provide returns corresponding to the total returns of the securities as represented by the CRISIL IBX 50:50 Gilt
Plus SDL Index - April 2028 before expenses, subject to tracking errors. However, there is no assurance that the investment objective of
the Scheme will be achieved.

Fund Details % to Net

Issuer Rating Quantitative Data
Assets
Date of Allotment 31-Mar-22
Government Securities 99.12% YTM$ 6.93%
Benchmark: CRISIL IBX 50:50 Gilt Plus SDL
7.06% GOI 10APR28 SOVEREIGN 27.69%
Index - April 20285 Average Maturity 3.31 Years
7.38% GOI 20JUN2027 SOVEREIGN 8.80%
NAV (as on 30.09.24)
7.36% MAHARASHTRA 12APR28 SDL SOVEREIGN 8.12% Modified Duration 2.84 Years
Growth ₹ 11.6887
8.05% GUJARAT SDL 31JAN2028 SOVEREIGN 6.37% Macaulay Duration^ 2.93 Years
Direct Growth ₹ 11.7478
8.05% TAMILNADU SDL 18APR2028 SOVEREIGN 6.12%
AUM (as on 30.09.24) ₹ 1,888.28 Cr.
7.17% GOI 08JAN28 SOVEREIGN 5.46%
AAUM (for the month Rating Profile
₹ 1,908.77 Cr. 6.97% KARNATAKA 26FEB2028 SDL SOVEREIGN 4.54%
of Sep)
Fund Manager & Experience 6.97% MAHARASHTRA 18FEB2028 SDL SOVEREIGN 2.94% 0.86%

Kapil Punjabi (Fixed Income) 8.28% GOI 21SEP27 SOVEREIGN 2.77%

Total Experience 18 Years 7.88% MADHYA PRADESH 24JAN28 SDL SOVEREIGN 2.76%
Managing this fund Since Mar 31, 2022 6.98% MAHARASHTRA 26FEB2028 SDL SOVEREIGN 2.67%
0.02%
Mahesh Chhabria (Fixed Income) 8.26% GOI 02AUG2027 SOVEREIGN 1.95%
Total Experience 14 Years 8.00% SDL-KERALA M- 11-APR-2028 SOVEREIGN 1.42%
Managing this fund Since Jul 15, 2023
8.20% HARYANA 31JAN28 SDL SOVEREIGN 1.39%
Minimum Investment1
8.23% GUJARAT SDL 21FEB2028 SOVEREIGN 1.39% 99.12%
Lumpsum ₹ 5,000
8.28% TAMILNADU SDL 14MAR2028 SOVEREIGN 1.38%
SIP## Please refer page 79
8.27% UTTARPRADESH SDL14MAR2028 SOVEREIGN 1.38% SOVEREIGN Reverse Repos/ TREPS
Additional Purchase ₹ 1,000
7.92% UTTAR PRADESH 24JAN2028 SDL SOVEREIGN 1.38%
Net Current Assets
Entry Load: “NA” 7.77% ANDHRA PRADESH SDL RED
SOVEREIGN 1.38%
Exit Load: Nil 10-JAN-2028
6.79% GOI 15MAY2027 SOVEREIGN 1.36%
Month End Total Expenses Ratios
PRC Matrix
(Annualized)2 8.14% HARYANA 27MAR28 SDL SOVEREIGN 1.18%
Regular3 0.43% 8.00% KARNATAKA SDL RED 17-JAN-2028 SOVEREIGN 1.11% Potential Risk Class
Direct 0.23% 7.79% KARNATAKA 03Jan2028 SDL SOVEREIGN 1.10% Credit Risk → Relatively Relatively
Tracking Difference Moderate
7.75% GUJARAT 10JAN28 SDL SOVEREIGN 1.10%
Interest Rate Low High
(Class B)
Regular -0.35% 8.03% KARNATAKA SDL 31JAN2028 SOVEREIGN 0.83% Risk ↓ (Class A) (Class C)
Direct -0.13% 8.14% SDL Uttarakhand 27Mar2028 SOVEREIGN 0.82% Relatively Low
As the scheme has not completed 3 years Tracking 7.50% TELANGANA SDL RED 15-APR- (Class I)
Error data not been provided. SOVEREIGN 0.56%
2028
^The Macaulay duration is the weighted average term 7.59% Uttarakhand 25 Oct 2027 SDL SOVEREIGN 0.56% Moderate
to maturity of the cash flows from a bond. The weight (Class II)
of each cash flow is determined by dividing the present 8.15% CHHATTISGARH 27MAR28 SDL SOVEREIGN 0.55%
value of the cash flow by the price. 7.64% KARNATAKA SDL RED 08-NOV- Relatively High
SOVEREIGN 0.04% A-III
1
in multiples of Re 1 thereafter.
2027 (Class III)
Cash Equivalent 0.88% Potential Risk Class (‘PRC’) matrix indicates the maximum interest rate
TER Annualized TER including GST on Investment
2

Management Fees TREPS* 0.86% risk (measured by Macaulay Duration of the scheme) and maximum credit
risk (measured by Credit Risk Value of the scheme) the fund manager can
3
Continuing plans Net Current Assets: 0.02% take in the scheme. PRC matrix classification is done in accordance with
4
As per clause 1.9 of the SEBI Master Circular for Mutual Total Net Assets as on 30-September-2024 100.00% and subject to the methodology/guidelines prescribed by SEBI to help
Funds no. SEBI/HO/IMD/IMD-PoD-1/P/CIR/2024/90 investors take informed decision based on the maximum interest rate risk
*TREPS : Tri-Party Repo fully collateralized by G-Sec and maximum credit risk the fund manager can take in the scheme, as
dated June 27, 2024, on ‘Guiding Principles for bringing
uniformity in Benchmarks of Mutual Fund Schemes’ depicted in the PRC matrix.
has introduced two-tiered structure for benchmarking
of certain categories of schemes. Accordingly, the
benchmark has been classified as Tier 1 benchmark.
Furthermore, the same is effective from 01 December
2021.
$
YTM is annualized.

This product is suitable for investors who are seeking*:

Moderate Moderately
High • Income over target maturity period
Low to High
Moderate • The Scheme shall predominantly track the performance of CRISIL IBX 50:50 Gilt Plus SDL Index – April 2028
*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
Low Very High

RISKOMETER
Please note that the above risk-o-meter is as per the product labelling of the scheme available as on the date of this communication/ disclosure. Any change in
Investors understand that their principal risk-o-meter shall be communicated by way of Notice cum Addendum and by way of an e-mail or SMS to unitholders of that particular Scheme.
will be from Low to Moderate risk

49
 HSBC CRISIL IBX Gilt June 2027 Index Fund
Index Fund - An open-ended Target Maturity Index Fund tracking CRISIL-IBX Gilt Index - June 2027. Relatively high interest rate risk and
relatively low credit risk.
Investment Objective: To provide returns corresponding to the total returns of the securities as represented by the CRISIL-IBX Gilt Index
- June 2027 before expenses, subject to tracking errors. However, there is no assurance that the investment objective of the Scheme will
be achieved.

Fund Details % to Net

Issuer Rating Rating Profile
Assets
Date of Allotment 23-Mar-23
Government Securities 98.91% 1.16%
Benchmark: CRISIL-IBX Gilt Index - June
7.38% GOI 20JUN2027 SOVEREIGN 77.55%
20275
8.24% GOI 15FEB27 SOVEREIGN 10.76%
NAV (as on 30.09.24)
6.79% GOI 15MAY2027 SOVEREIGN 10.60%
Growth ₹ 11.2063 - 0.07%
Cash Equivalent 1.09%
Direct Growth ₹ 11.2541
TREPS* 1.16%
AUM (as on 30.09.24) ₹ 194.10 Cr.
Net Current Assets: -0.07%
AAUM (for the month
₹ 197.70 Cr. Total Net Assets as on 30-September-2024 100.00%
of Sep) 98.91%
*TREPS : Tri-Party Repo fully collateralized by G-Sec
Fund Manager & Experience
Kapil Punjabi (Fixed Income) SOVEREIGN Reverse Repos/ TREPS
Total Experience 18 Years Quantitative Data Net Current Assets
Managing this fund Since Mar 23, 2023
Mahesh Chhabria (Fixed Income) YTM$ 6.77%
Total Experience 14 Years Average Maturity 2.64 Years PRC Matrix
Managing this fund Since Jul 15, 2023
Modified Duration 2.33 Years Potential Risk Class
Minimum Investment1
Lumpsum ₹ 5,000 Credit Risk → Relatively Relatively
Macaulay Duration^ 2.40 Years Moderate
SIP## Please refer page 79 Interest Rate Low High
(Class B)
Risk ↓ (Class A) (Class C)
Additional Purchase ₹ 1,000
Entry Load: “NA” Relatively Low
Exit Load: Nil (Class I)
Month End Total Expenses Ratios Moderate
(Annualized)2 (Class II)
Regular3 0.45% Relatively High
A-III
Direct 0.17% (Class III)
Tracking Difference Potential Risk Class (‘PRC’) matrix indicates the maximum interest rate
Regular -0.40% risk (measured by Macaulay Duration of the scheme) and maximum credit
risk (measured by Credit Risk Value of the scheme) the fund manager can
Direct -0.10% take in the scheme. PRC matrix classification is done in accordance with
and subject to the methodology/guidelines prescribed by SEBI to help
As the scheme has not completed 3 years Tracking investors take informed decision based on the maximum interest rate risk
Error data not been provided. and maximum credit risk the fund manager can take in the scheme, as
depicted in the PRC matrix.
^The Macaulay duration is the weighted average term
to maturity of the cash flows from a bond. The weight
of each cash flow is determined by dividing the present
value of the cash flow by the price.
1
in multiples of Re 1 thereafter.
TER Annualized TER including GST on Investment
2

Management Fees
3
Continuing plans
4
As per clause 1.9 of the SEBI Master Circular for Mutual
Funds no. SEBI/HO/IMD/IMD-PoD-1/P/CIR/2024/90
dated June 27, 2024, on ‘Guiding Principles for bringing
uniformity in Benchmarks of Mutual Fund Schemes’
has introduced two-tiered structure for benchmarking
of certain categories of schemes. Accordingly, the
benchmark has been classified as Tier 1 benchmark.
Furthermore, the same is effective from 01 December
2021.
$
YTM is annualized.

This product is suitable for investors who are seeking*:

Moderate Moderately
High • Income over target maturity period
Low to High
Moderate • The Scheme shall predominantly track the performance of CRISIL IBX Gilt Index – June 2027
*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
Low Very High

RISKOMETER
Please note that the above risk-o-meter is as per the product labelling of the scheme available as on the date of this communication/ disclosure. Any change in
Investors understand that their principal risk-o-meter shall be communicated by way of Notice cum Addendum and by way of an e-mail or SMS to unitholders of that particular Scheme.
will be from Low to Moderate risk

50
 Equity Fund Snapshot as on 30th September, 2024

Scheme Name HSBC Large Cap Fund HSBC Large and Mid Cap Fund HSBC Midcap Fund HSBC Small Cap Fund HSBC Flexi Cap Fund HSBC Focused Fund HSBC Infrastructure Fund

Category Large Cap Fund Large & Mid Cap Fund Mid Cap Fund Small Cap Fund Flexi Cap Fund Focused Fund Sectoral

Date of Allotment 10-Dec-02 28-Mar-19 09-Aug-04 12-May-14 24-Feb-04 22-Jul-20 27-Sep-07

Benchmark Nifty 100 TRI NIFTY Large Midcap 250 TRI NIFTY Midcap 150 TRI NIFTY Small Cap 250 TRI Nifty 500 TRI Nifty 500 TRI NIFTY Infrastructure TRI

Neelotpal Sahai, Cheenu Gupta, Abhishek Gupta, Neelotpal Sahai,

Cheenu Gupta, Venugopal Manghat, Gautam
Venugopal Manghat, Cheenu Gupta,
Fund Manager Gautam Bhupal, Abhishek Gupta Venugopal Manghat, Venugopal Manghat, Cheenu Gupta, Bhupal,
Sonal Gupta
Sonal Gupta Sonal Gupta Sonal Gupta Sonal Gupta Sonal Gupta
Sonal Gupta

NAV (Regular Option) 500.5354 27.9246 404.1552 89.4626 226.3343 25.9642 51.6654

Monthly AUM (` in cr.) 2039.13 3718.04 12280.21 17306.21 5164.96 1823.73 2790.49

Value of ` 100,000
invested in scheme 52,85,206 2,74,684 40,14,574 8,40,482 27,57,753 2,44,795 5,24,538
since inception

Market Cap
(% to Equity Holdings) 3.47% 1.68% 0.95% 1.93% 1.04% 2.05%
1.37% 2.54% 0.78% 3.91%
Others 18.25%
11.41% 14.31%
11.19% 20.90% 16.98%
Debt 20.55%
21.26%
Small Cap
Mid Cap 23.47% 27.42% 37.34%
39.70%
Large Cap
As per the latest Market
Capitalisation data provided 83.97%
74.98%
by AMFI 66.38%
(In line with the applicable 53.81% 51.69% 46.30%
SEBI guidelines) 40.37%

Top 5 Sectors Electrical Electrical Industrial Consumer

Banks 17% 18% 19% 18% Banks 14% 14% Construction 16%
Equipment Equipment Products Durables
Industrial
IT - Software 10% Retailing 10% Retailing 9% Construction 8% IT - Software 9% Banks 12% 14%
Products
Consumer Consumer Electrical
Finance 9% Capital Markets 7% 9% 6% Finance 7% Finance 9% 11%
Durables Durables Equipment
Pharmaceuticals Pharmaceuticals
6% Finance 7% Capital Markets 8% Capital Markets 6% 4% IT - Software 7% Power 9%
& Biotechnology & Biotechnology
Auto Aerospace &
Construction 5% IT - Software 6% Realty 7% 6% Retailing 4% Construction 7% 7%
Components Defense

Standard Deviation 12.85% 13.41% 13.05% 14.74% 12.02% 12.89% 14.57%

Beta (Slope) 0.95 0.91 0.8 0.77 0.88 0.91 0.8

Sharpe Ratio** 0.71 1.04 1.21 1.28 1.12 0.71 1.48

R2 0.92% 0.86% 0.90% 0.91% 0.94% 0.89% 0.64%

Total Expense Ratio^

2.11% 1.93% 1.71% 1.67% 1.92% 2.09% 2.00%
(Regular)

Total Expense Ratio^

1.18% 0.89% 0.66% 0.67% 1.15% 0.89% 0.96%
(Direct)

**Risk free rate: 6.76% (FIMMDA-NSE Mibor) as on September 30, 2024) 51

 Equity Fund Snapshot as on 30th September, 2024

HSBC Multi Asset Allocation

Scheme Name HSBC Business Cycles Fund HSBC Value Fund HSBC Multi Cap Fund HSBC Nifty 50 Index Fund HSBC Nifty Next 50 Index Fund HSBC Aggressive Hybrid Fund
Fund

Category Thematic Value Fund Multi Cap Index Funds Index Funds Aggressive Hybrid Fund Multi Asset Allocation

Date of Allotment 20-Aug-14 08-Jan-10 30-Jan-23 15-Apr-20 15-Apr-20 07-Feb-11 28-Feb-24

BSE 200 TRI (65%) + NIFTY

Short Duration Debt Index
NIFTY 50 Hybrid Composite Debt
Benchmark Nifty 500 TRI Nifty 500 TRI NIFTY 500 Multicap 50:25:25 TRI Nifty 50 TRI Nifty Next 50 TRI (20%) +Domestic Price of Gold
65:35 Index
(10%)+Domestic Price of Silver
(5%)

Cheenu Gupta, Mahesh Chhabria,

Venugopal Manghat, Gautam Cheenu Gupta,
Gautam Bhupal, Venugopal Manghat, Gautam Praveen Ayathan, Praveen Ayathan, Kapil Punjabi,
Bhupal. Gautam Bhupal, Shriram
Fund Manager Venugopal Manghat, Bhupal, Dipan S. Parikh,
Kapil Punjabi, Rajeesh Nair Rajeesh Nair Ramanathan, Mohd. Asif Rizwi,
Sonal Gupta Sonal Gupta Sonal Gupta
Sonal Gupta Sonal Gupta

NAV (Regular Option) 44.4172 112.8619 19.3303 29.5526 32.9856 56.0310 11.9818

Monthly AUM (` in cr.) 1003.45 14123.13 4239.39 302.01 140.13 5848.73 2057.71

Value of ` 100,000 invested in

4,44,172 11,28,619 1,93,303 2,95,526 3,29,856 5,62,679 -
scheme since inception

Market Cap
(% to Equity Holdings)
2.01% 2.89% 0.06% 0.01%
Others 2.00%
10.72% 14.35% 8.42%
Debt 22.50% 19.39%
26.23%
Small Cap
Mid Cap 4.23%
Large Cap 41.21%
10.65%
40.59% 20.71%
Gold ETF
29.67% 19.33%
Silver ETF 99.94%
91.57% 21.60%
As per the latest Market Capitalisation
data provided by AMFI 19.96%

(In line with the applicable SEBI 46.06% 42.17% 42.10%

guidelines) 35.19%
26.44%

Top 5 Sectors Electrical Electrical

Construction 15% Banks 17% Banks 10% Banks 28% Finance 12% 17% 14%
Equipment Equipment
Electrical
Banks 11% IT - Software 10% IT - Software 9% IT - Software 13% 7% Finance 14% Gold ETF 11%
Equipment
Petroleum Government
Retailing 8% Construction 9% Finance 7% 9% Power 7% 11% Retailing 9%
Products Securities
Industrial Electrical Pharmaceuticals
Capital Markets 7% 5% 7% Automobiles 8% 6% IT - Software 7% Finance 7%
Products Equipment & Biotechnology
Industrial Pharmaceuticals Diversified
7% Finance 5% 6% 6% Banks 6% Banks 6% Realty 7%
Products & Biotechnology FMCG
Standard Deviation 14.19% 13.74% -- 12.17% 16.82% 10.56% --
Beta (Slope) 0.98 0.96 -- 0.97 0.97 1.09 --
Sharpe Ratio** 1.19 1.25 -- 0.61 0.86 0.72 --
R2 0.84% 0.87% -- 1.00% 1.00% 0.78% --
Total Expense Ratio^ (Regular) 2.28% 1.71% 1.86% 0.45% 0.80% 1.85% 1.88%
Total Expense Ratio^ (Direct) 1.21% 0.77% 0.59% 0.20% 0.35% 0.81% 0.52%

**Risk free rate: 6.76% (FIMMDA-NSE Mibor) as on September 30, 2024)

52
 Equity Fund Snapshot as on 30th September, 2024

Scheme Name HSBC Balanced Advantage Fund HSBC Equity Savings Fund HSBC Arbitrage Fund HSBC ELSS Tax saver Fund HSBC Consumption Fund HSBC India Export Opportunities Fund

Dynamic Asset Allocation or Balanced

Category Equity Savings Arbitrage Fund ELSS Thematic Fund Thematic Fund
Advantage
Date of Allotment 07-Feb-11 18-Oct-11 30-Jun-14 27-Feb-06 31-Aug-23 30-Sep-24
Nifty 50 Hybrid composite debt 50:50
Benchmark NIFTY Equity Savings Index Nifty 50 Arbitrage Index Nifty 500 TRI Nifty India Consumption Index TRI Nifty 500 TRI
Index

Neelotpal Sahai, Mahesh Chhabria, Praveen Ayathan,

Cheenu Gupta, Abhishek Gupta, Praveen Mahesh Chhabria, Abhishek Gupta, Gautam Bhupal, Abhishek Gupta,
Gautam Bhupal, Praveen Ayathan,
Fund Manager Ayathan, Hitesh Gondhia, Mahesh Gautam Bhupal, Anish Gonka,
Hitesh Gondhia*, Kapil Punjabi, Sonal Hitesh Gondhia, Sonal Gupta
Chhabria, Kapil Punjabi, Sonal Gupta Sonal Gupta Sonal Gupta
Gupta Kapil Punjabi

NAV (Regular Option) 42.7739 32.8414 18.0702 138.5721 15.2672 9.9804

Monthly AUM (` in cr.) 1509.8 477.96 2458.04 4485.23 1621.52 1749.56

Value of ` 100,000 invested in

4,27,739 3,28,414 1,80,702 13,85,721 1,52,672 --
scheme since inception

Market Cap
(% to Equity Holdings)
0.39%
Others 4.01% 6.77%
Debt 22.32% 21.58%
30.14% 19.37% 13.23%
Small Cap 31.82%
Mid Cap
Large Cap 13.20% 17.56%
26.74%
Gold ETF 15.48%
15.69% 36.59%
Silver ETF 22.20%
17.23% 20.50%
As per the latest Market Capitalisation
data provided by AMFI 62.44%
51.29%
(In line with the applicable SEBI 42.28% 40.03%
guidelines) 35.26% 33.88%

Top 5 Sectors Consumer Pharmaceuticals &

Finance 23% Banks 20% Banks 25% Banks 13% 20% 4%
Durables Biotechnology
Government Government Government Electrical
12% 16% 10% 9% Retailing 15% IT - Software 4%
Securities Securities Securities Equipment
Electrical Internal - Mutual Electrical
Banks 9% 13% 8% IT - Software 9% Beverages 9% 3%
Equipment Fund Units Equipment
Pharmaceuticals & Pharmaceuticals &
8% Retailing 8% 7% Finance 7% Automobiles 6% Construction 3%
Biotechnology Biotechnology
Consumer Agricultural Food &
Power 4% Finance 6% Petroleum Products 5% 6% Telecom - Services 6% 3%
Durables other Products
Standard Deviation 6.18% 5.00% 0.66% 13.50% -- --

Beta (Slope) 0.7875 0.8328 0.792 0.94 -- --

Sharpe Ratio** 0.66 1.15 -1.73 0.96 -- --

R2 0.76% 0.58% 0.72% 0.87% -- --

Total Expense Ratio^ (Regular) 2.11% 1.51% 0.94% 1.88% 2.08% 2.06%

Total Expense Ratio^ (Direct) 0.77% 0.61% 0.27% 1.09% 0.71% 0.64%

**Risk free rate: 6.76% (FIMMDA-NSE Mibor) as on September 30, 2024)

53
 Debt Fund Snapshot as on 30th September, 2024

HSBC Ultra Short Duration HSBC Banking and PSU

Scheme Name HSBC Overnight Fund HSBC Liquid Fund HSBC Money Market Fund HSBC Low Duration Fund HSBC Corporate Bond Fund HSBC Credit Risk Fund
Fund Debt Fund

Category Overnight Fund Liquid Fund Money Market Fund Ultra Short Duration Fund Low Duration Fund Corporate Bond Fund Banking and PSU Fund Credit Risk Fund

Date of Allotment 22-May-19 04-Dec-02 10-Aug-05 29-Jan-20 04-Dec-10 31-Mar-97 12-Sep-12 08-Oct-09

NIFTY Ultra Short Duration NIFTY Low Duration Debt NIFTY Corporate Bond Index Nifty Banking & PSU Debt NIFTY Credit Risk Bond
Benchmark NIFTY 1D Rate Index NIFTY Liquid Index A-I NIFTY Money Market Index A-I
Debt Index A-I Index A-I A-II Index A-II Index B-II

Kapil Punjabi, Kapil Punjabi, Kapil Punjabi, Mahesh Chhabria, Mohd Asif Rizwi, Kapil Punjabi, Mahesh Chhabria, Shriram Ramanathan,
Fund Manager
Mahesh Chhabria Shriram Ramanathan Shriram Ramanathan Kapil Punjabi Shriram Ramanathan Shriram Ramanathan Mohd. Asif Rizwi Kapil Punjabi

NAV (Regular Option) 1284.9628 2472.4520 24.9593 1281.9380 26.7829 68.7997 22.8188 27.1948

Monthly AUM (` in cr.) 2213.58 Cr 17059.34 Cr 1884.4 Cr 2774.67 Cr 437.41 Cr 6562.21 Cr 4204.44 Cr 577.83 Cr

Average Maturity of Portfolio 2.08 Days 62.05 Days 166.38 Days 5.68 Months 17.16 Months 4.12 Years 1.55 Years 3.45 Years

Modified Duration of Portfolio 2.08 Days 58.4 Days 155.12 Days 5.26 Months 10.87 Months 3.34 Years 1.37 Years 2.63 Years

Macaulay Duration of
2.08 Days 62.05 Days 166.38 Days 5.64 Months 11.64 Months 3.53 Years 1.46 Years 2.75 Years
Portfolio

Yield To Maturity 6.65% 7.18% 7.49% 7.43% 7.60% 7.25% 7.44% 7.90%

Rating Profile

SOVEREIGN 0.22% 0.25% 0.22% 4.21% 1.00% 0.84% 3.30%

9.45% 0.31% 0.29% 0.29% 0.25%
21.16% 12.96%
AAA and equivalents 10.72% 20.15% 19.08% 10.86%
9.49%
AA and equivalents (AA+, AA, AA-)
29.88%
Reverse Repos/ TREPS
95.13%
Net Current Assets
90.54% 95.00% 93.86%
78.39% 79.36% 79.83%
Alternative Investment Funds (AIF)
58.53%
Equity

5.40% -11.92% - 4.70% - 7.04% - 3.12% -0.80% -0.04% - 2.82%

-0.53%

Total Expense Ratio

0.16% 0.22% 0.40% 0.47% 0.63% 0.64% 0.61% 1.68%
(Regular)

Total Expense Ratio

0.06% 0.12% 0.20% 0.21% 0.24% 0.30% 0.23% 0.86%
(Direct)

54
 Debt Fund Snapshot as on 30th September, 2024

HSBC Medium Duration HSBC Medium to Long HSBC Conservative Hybrid HSBC CRISIL IBX 50-50 Gilt HSBC CRISIL IBX Gilt June
Scheme Name HSBC Short Duration Fund HSBC Dynamic Bond Fund HSBC Gilt Fund
Fund Duration Fund Fund Plus Apr 2028 Index Fund 2027 Index Fund

Category Short Duration Fund Medium Duration Fund Medium to Long Duration Fund Dynamic Bond Gilt Fund Conservative Hybrid Fund Index Funds Index Funds

Date of Allotment 27-Dec-11 02-Feb-15 10-Dec-02 27-Sep-10 29-Mar-00 24-Feb-04 31-Mar-22 23-Mar-23

NIFTY Short Duration Debt NIFTY Medium Duration Debt NIFTY Medium to Long NIFTY Composite Debt Index NIFTY All Duration G-Sec NIFTY 50 Hybrid Composite CRISIL IBX 50:50 Gilt Plus CRISIL-IBX Gilt Index - June
Benchmark
Index A-II Index A-III Duration Debt Index A-III A-III Index Debt 15:85 Index SDL Index - April 2028 2027

Mahesh Chhabria,
Kapil Punjabi,
Shriram Ramanathan, Shriram Ramanathan, Kapil Punjabi, Mahesh Chhabria, Mohd Asif Rizwi, Kapil Punjabi, Kapil Punjabi,
Fund Manager Cheenu Gupta,
Mohd Asif Rizwi Kapil Punjabi Shriram Ramanathan Shriram Ramanathan Shriram Ramanathan Mahesh Chhabria Mahesh Chhabria
Abhishek Gupta,
Sonal Gupta

NAV (Regular Option) 24.9125 19.2163 40.1695 28.1689 63.6786 59.0689 11.6887 11.2063

Monthly AUM (` in cr.) 3760.66 Cr 834 Cr 49.29 Cr 158.95 Cr 218.09 Cr 133.94 Cr 1888.28 Cr 194.1 Cr

Average Maturity of Portfolio 3.54 Years 5.79 Years 10.37 Years 15.95 Years 21.33 Years 14.04 Years 3.31 Years 2.64 Years

Modified Duration of Portfolio 2.81 Years 3.8 Years 6.29 Years 8.19 Years 9.77 Years 7.62 Years 2.84 Years 2.33 Years

Macaulay Duration of
2.96 Years 3.98 Years 6.51 Years 8.48 Years 10.11 Years 7.88 Years 2.93 Years 2.4 Years
Portfolio

Yield To Maturity 7.35% 7.64% 6.83% 6.97% 6.95% 6.92% 6.93% 6.77%

Rating Profile
0.98% 3.22% 0.04% 0.04% 0.02% 1.16%
SOVEREIGN 0.26% 0.25% 1.82% 0.35% 2.58% 4.93% 0.86%
10.87%
5.44%
3.45%
9.74% 3.69%
18.81% 0.25%
AAA and equivalents 33.95%

AA and equivalents (AA+, AA, AA-)

37.96%
Reverse Repos/ TREPS 89.77% 98.91%
97.38% 99.12%
85.43% 88.05% 68.40%
Net Current Assets
65.12%
Alternative Investment Funds (AIF) 42.71%

Equity
- 0.31% - 2.95% - 0.29% - 0.07%

Total Expense Ratio

0.75% 1.10% 1.90% 0.78% 1.70% 2.17% 0.43% 0.45%
(Regular)

Total Expense Ratio

0.27% 0.40% 0.67% 0.20% 0.48% 1.34% 0.23% 0.17%
(Direct)

55
 SIP Performance Equity Schemes - Regular Plan
HSBC Focused Fund& Inception Date: 22 Jul 20
Scheme Name & Benchmarks 1 Year 3 Years 5 Years Since Inception
Total amount invested (₹) 120000 360000 NA 500000
Market Value as on September 30, 2024 (₹) 144,400 528,246 NA 805,486
Scheme Returns (%) 39.78 26.56 NA 23.33
Nifty 500 TRI - Scheme Benchmark (₹) 145,080 537,431 NA 845,952
Nifty 500 TRI - Scheme Benchmark Returns (%) 40.94 27.84 NA 25.83
Nifty 50 TRI - Additional Benchmark (₹) 141,138 499,837 NA 775,714
Nifty 50 TRI - Additional Benchmark Returns (%) 34.24 22.52 NA 21.42

HSBC Flexi Cap Fund& Inception Date: 24 Feb 04

Scheme Name & Benchmarks 1 Year 3 Years 5 Years Since Inception
Total amount invested (₹) 120000 360000 600000 2470000
Market Value as on September 30, 2024 (₹) 149,139 570,221 1,175,457 16,270,435
Scheme Returns (%) 47.94 32.28 27.27 15.91
NIFTY 500 TRI - Scheme Benchmark (₹) 145,080 537,431 1,138,100 15,175,462
NIFTY 500 TRI - Scheme Benchmark Returns (%) 40.94 27.84 25.92 15.36
Nifty 50 TRI - Additional Benchmark (₹) 141,138 499,837 1,031,618 13,498,962
Nifty 50 TRI - Additional Benchmark Returns (%) 34.24 22.52 21.83 14.45

HSBC Large and Mid Cap Fund& Inception Date: 28 Mar 19

Scheme Name & Benchmarks 1 Year 3 Years 5 Years Since Inception
Total amount invested (₹) 120000 360000 600000 660000
Market Value as on September 30, 2024 (₹) 150,415 577,299 1,195,794 1,364,873
Scheme Returns (%) 50.16 33.21 27.99 26.57
NIFTY Large Midcap 250 TRI - Scheme Benchmark (₹) 146,303 561,276 1,226,940 1,411,495
NIFTY Large Midcap 250 TRI - Scheme Benchmark Returns (%) 43.04 31.08 29.08 27.83
Nifty 50 TRI - Additional Benchmark (₹) 141,138 499,837 1,031,618 1,175,170
Nifty 50 TRI - Additional Benchmark Returns (%) 34.24 22.52 21.83 20.99

HSBC Large Cap Fund& Inception Date: 10 Dec 02

Scheme Name & Benchmarks 1 Year 3 Years 5 Years Since Inception
Total amount invested (₹) 120000 360000 600000 2610000
Market Value as on September 30, 2024 (₹) 144,170 521,467 1,047,612 17,875,990
Scheme Returns (%) 39.39 25.61 22.47 15.28
Nifty 100 TRI - Scheme Benchmark (₹) 143,751 514,092 1,059,749 NA
Nifty 100 TRI - Scheme Benchmark Returns (%) 38.67 24.57 22.95 NA
Nifty 50 TRI - Additional Benchmark (₹) 141,138 499,837 1,031,618 17,365,426
Nifty 50 TRI - Additional Benchmark Returns (%) 34.24 22.52 21.83 15.07

HSBC Midcap Fund* & Inception Date: 09 Aug 04

Scheme Name & Benchmarks 1 Year 3 Years 5 Years Since Inception
Total amount invested (₹) 120000 360000 600000 2410000
Market Value as on September 30, 2024 (₹) 153,969 617,358 1,296,277 21,423,535
Scheme Returns (%) 56.40 38.37 31.40 18.72
Nifty Midcap 150 TRI - Scheme Benchmark (₹) 148,795 611,502 1,417,060 NA
Nifty Midcap 150 TRI - Scheme Benchmark Returns (%) 47.34 37.63 35.21 NA
Nifty 50 TRI - Additional Benchmark (₹) 141,138 499,837 1,031,618 12,301,861
Nifty 50 TRI - Additional Benchmark Returns (%) 34.24 22.52 21.83 14.28

HSBC Aggressive Hybrid Fund* & Inception Date: 07 Feb 11

Scheme Name & Benchmarks 1 Year 3 Years 5 Years Since Inception
Total amount invested (₹) 120000 360000 600000 1630000
Market Value as on September 30, 2024 (₹) 140,683 504,433 983,355 4,700,214
Scheme Returns (%) 33.47 23.18 19.86 14.45
NIFTY 50 Hybrid Composite Debt 65:35 Index - Scheme Benchmark (₹) 135,810 464,978 908,535 4,254,571
NIFTY 50 Hybrid Composite Debt 65:35 Index - Scheme Benchmark Returns (%) 25.33 17.35 16.61 13.15
Nifty 50 TRI - Additional Benchmark (₹) 141,138 499,837 1,031,618 5,097,195
Nifty 50 TRI - Additional Benchmark Returns (%) 34.24 22.52 21.83 15.50

*Note - Mr. Sonal Gupta shall be dedicated fund manager for investments in foreign securities by all the schemes of HSBC Mutual Fund.

Past performance may or may not be sustained in the future. 56

 SIP Performance Equity Schemes - Regular Plan
HSBC Multi Cap Fund* Inception Date: 30 Jan 23
Scheme Name & Benchmarks 1 Year 3 Years 5 Years Since Inception
Total amount invested (₹) 120000 NA NA 200000
Market Value as on September 30, 2024 (₹) 148,011 NA NA 290,936
Scheme Returns (%) 45.99 NA NA 50.32
NIFTY 500 Multicap 50:25:25 TRI - Scheme Benchmark (₹) 146,339 NA NA 278,780
NIFTY 500 Multicap 50:25:25 TRI - Scheme Benchmark Returns (%) 43.10 NA NA 43.79
Nifty 50 TRI - Additional Benchmark (₹) 141,138 NA NA 255,076
Nifty 50 TRI - Additional Benchmark Returns (%) 34.24 NA NA 30.89

HSBC Infrastructure Fund*& Inception Date: 27 Sep 07

Scheme Name & Benchmarks 1 Year 3 Years 5 Years Since Inception
Total amount invested (₹) 120000 360000 600000 2030000
Market Value as on September 30, 2024 (₹) 151,158 648,292 1,494,960 9,889,716
Scheme Returns (%) 51.46 42.20 37.52 16.71
Nifty Infrastructure TRI - Scheme Benchmark (₹) 146,923 600,137 1,313,351 6,699,893
Nifty Infrastructure TRI - Scheme Benchmark Returns (%) 44.11 36.18 31.96 12.83
Nifty 50 TRI - Additional Benchmark (₹) 141,138 499,837 1,031,618 7,869,710
Nifty 50 TRI - Additional Benchmark Returns (%) 34.24 22.52 21.83 14.44

HSBC Small Cap Fund* & Inception Date: 12 May 14

Scheme Name & Benchmarks 1 Year 3 Years 5 Years Since Inception
Total amount invested (₹) 120000 360000 600000 1240000
Market Value as on September 30, 2024 (₹) 146,869 601,427 1,500,999 4,463,307
Scheme Returns (%) 44.01 36.35 37.69 23.33
Nifty Smallcap 250 TRI - Scheme Benchmark (₹) 148,937 621,622 1,495,813 4,083,030
Nifty Smallcap 250 TRI - Scheme Benchmark Returns (%) 47.59 38.90 37.54 21.74
Nifty 50 TRI - Additional Benchmark (₹) 141,138 499,837 1,031,618 3,018,108
Nifty 50 TRI - Additional Benchmark Returns (%) 34.24 22.52 21.83 16.36

HSBC Business Cycles Fund* Inception Date: 20 Aug 14

Scheme Name & Benchmarks 1 Year 3 Years 5 Years Since Inception
Total amount invested (₹) 120000 360000 600000 1210000
Market Value as on September 30, 2024 (₹) 153,328 599,986 1,285,675 3,293,399
Scheme Returns (%) 55.27 36.16 31.05 18.85
Nifty 500 TRI - Scheme Benchmark (₹) 145,080 537,431 1,138,100 3,200,160
Nifty 500 TRI - Scheme Benchmark Returns (%) 40.94 27.84 25.92 18.32
Nifty 50 TRI - Additional Benchmark (₹) 141,138 499,837 1,031,618 2,901,538
Nifty 50 TRI - Additional Benchmark Returns (%) 34.24 22.52 21.83 16.52

HSBC Consumption Fund Inception Date: 31 Aug 23

Scheme Name & Benchmarks 1 Year 3 Years 5 Years Since Inception
Total amount invested (₹) 120000 NA NA 130000
Market Value as on July 31, 2024 (₹) 153,119 NA NA 168,359
Scheme Returns (%) 54.90 NA NA 53.78
Nifty India Consumption TRI - Scheme Benchmark (₹) 155,506 NA NA 171,034
Nifty India Consumption TRI - Scheme Benchmark Returns (%) 59.11 NA NA 57.72
Nifty 50 TRI - Additional Benchmark (₹) 141,138 NA NA 154,514
Nifty 50 TRI - Additional Benchmark Returns (%) 34.24 NA NA 33.75

HSBC Value Fund* Inception Date: 08 Jan 10

Scheme Name & Benchmarks 1 Year 3 Years 5 Years Since Inception
Total amount invested (₹) 120000 360000 600000 1760000
Market Value as on September 30, 2024 (₹) 147,773 602,403 1,330,930 9,153,003
Scheme Returns (%) 45.58 36.47 32.53 20.25
Nifty 500 TRI - Scheme Benchmark (₹) 145,080 537,431 1,138,100 6,602,657
Nifty 500 TRI - Scheme Benchmark Returns (%) 40.94 27.84 25.92 16.43
Nifty 50 TRI - Additional Benchmark (₹) 141,138 499,837 1,031,618 5,831,019
Nifty 50 TRI - Additional Benchmark Returns (%) 34.24 22.52 21.83 14.97

HSBC Arbitrage Fund Inception Date: 30 Jun 14

Scheme Name & Benchmarks 1 Year 3 Years 5 Years Since Inception
Total amount invested (₹) 120000 360000 600000 1230000
Market Value as on September 30, 2024 (₹) 124,562 398,214 694,208 1,654,470
Scheme Returns (%) 7.13 6.66 5.77 5.64
Nifty 50 Arbitrage Index - Scheme Benchmark (₹) 124,140 399,171 696,233 1,633,500
Nifty 50 Arbitrage Index - Scheme Benchmark Returns (%) 6.46 6.82 5.89 5.40
Nifty 50 TRI - Additional Benchmark (₹) 141,138 499,837 1,031,618 2,977,793
Nifty 50 TRI - Additional Benchmark Returns (%) 34.24 22.52 21.83 16.41
* Note - Mr. Sonal Gupta shall be dedicated fund manager for investments in foreign securities by all the schemes of HSBC Mutual Fund.

Past performance may or may not be sustained in the future. 57

 SIP Performance Equity Schemes - Regular Plan
HSBC Multi Asset Allocation Fund Inception Date: 28 Feb 24
Scheme Name & Benchmarks 6 Months Since Inception
Total amount invested (₹) 60000 70000
Market Value as on September 30, 2024 (₹) 64,307 76,259
Scheme Returns (%) 26.95 29.23
(BSE 200 TRI (65%) + NIFTY Short Duration Debt Index (20%) +Domestic Price of
64,650 76,342
Gold (10%)+Domestic Price of Silver (5%) - Scheme Benchmark (₹)"
(BSE 200 TRI (65%) + NIFTY Short Duration Debt Index (20%) +Domestic Price of
29.27 29.65
Gold (10%)+Domestic Price of Silver (5%)- Scheme Benchmark Returns (%)
Nifty 50 TRI - Additional Benchmark (₹) 65,500 77,152
Nifty 50 TRI - Additional Benchmark Returns (%) 35.14 33.76

HSBC Balanced Advantage Fund* Inception Date: 07 Feb 11

Scheme Name & Benchmarks 1 Year 3 Years 5 Years Since Inception
Total amount invested (₹) 120000 360000 600000 1630000
Market Value as on September 30, 2024 (₹) 133,953 460,166 845,655 3,663,936
Scheme Returns (%) 22.27 16.61 13.70 11.19
Nifty 50 Hybrid composite debt 50:50 Index - Scheme Benchmark (₹) 133,574 450,539 859,644 3,902,953
Nifty 50 Hybrid composite debt 50:50 Index - Scheme Benchmark Returns (%) 21.64 15.13 14.36 12.02
BSE Sensex TRI - Additional Benchmark (₹) 139,391 488,624 1,002,406 5,047,288
BSE Sensex TRI - Additional Benchmark Returns (%) 31.30 20.88 20.65 15.38

HSBC Equity Savings Fund* Inception Date: 18 Oct 11

Scheme Name & Benchmarks 1 Year 3 Years 5 Years Since Inception
Total amount invested (₹) 120000 360000 600000 1550000
Market Value as on September 30, 2024 (₹) 136,406 471,360 895,976 3,194,188
Scheme Returns (%) 26.32 18.31 16.04 10.58
NIFTY Equity Savings Index - Scheme Benchmark (₹) 130,396 433,830 805,633 3,089,936
NIFTY Equity Savings Index - Scheme Benchmark Returns (%) 16.46 12.50 11.74 10.11
CRISIL 10 Year Gilt Index - Additional Benchmark (₹) 127,365 407,240 700,711 2,414,667
CRISIL 10 Year Gilt Index - Additional Benchmark Returns (%) 11.59 8.17 6.14 6.59

HSBC ELSS Tax saver Fund* Inception Date: 27 Feb 06

Scheme Name & Benchmarks 1 Year 3 Years 5 Years Since Inception
Total amount invested (₹) 120000 360000 600000 2230000
Market Value as on September 30, 2024 (₹) 151,697 569,312 1,160,484 11,629,364
Scheme Returns (%) 52.40 32.15 26.73 15.70
Nifty 500 TRI - Scheme Benchmark (₹) 145,080 537,431 1,138,100 10,872,988
Nifty 500 TRI - Scheme Benchmark Returns (%) 40.94 27.84 25.92 15.11
Nifty 50 TRI - Additional Benchmark (₹) 141,138 499,837 1,031,618 9,572,036
Nifty 50 TRI - Additional Benchmark Returns (%) 34.24 22.52 21.83 13.98

HSBC Nifty 50 Index Fund Inception Date: 15 Apr 20

Scheme Name & Benchmarks 1 Year 3 Years 5 Years Since Inception
Total amount invested (₹) 120000 360000 NA 530000
Market Value as on September 30, 2024 (₹) 140,685 495,566 NA 846,185
Scheme Returns (%) 33.47 21.90 NA 21.47
Nifty 50 TRI - Scheme Benchmark (₹) 141,138 499,837 NA 858,705
Nifty 50 TRI - Scheme Benchmark Returns (%) 34.24 22.52 NA 22.17
BSE Sensex TRI - Additional Benchmark (₹) 139,391 488,624 NA 835,834
BSE Sensex TRI - Additional Benchmark Returns (%) 31.30 20.88 NA 20.89

HSBC Nifty Next 50 Index Fund Inception Date: 15 Apr 20

Scheme Name & Benchmarks 1 Year 3 Years 5 Years Since Inception
Total amount invested (₹) 120000 360000 NA 530000
Market Value as on September 30, 2024 (₹) 157,833 601,458 NA 1,022,439
Scheme Returns (%) 63.25 36.35 NA 30.58
Nifty Next 50 TRI - Scheme Benchmark (₹) 158,943 612,298 NA 1,050,939
Nifty Next 50 TRI - Scheme Benchmark Returns (%) 65.24 37.73 NA 31.92
Nifty 50 TRI - Additional Benchmark (₹) 141,138 499,837 NA 858,705
Nifty 50 TRI - Additional Benchmark Returns (%) 34.24 22.52 NA 22.17

*Note - Mr. Sonal Gupta shall be dedicated fund manager for investments in foreign securities by all the schemes of HSBC Mutual Fund.

Past performance may or may not be sustained in the future. 58

 SIP Performance Equity Schemes - Regular Plan
HSBC Tax Saver Equity Fund Inception Date: 05 Jan 07
Scheme Name & Benchmarks 1 Year 3 Years 5 Years Since Inception
Total amount invested (₹) 120000 360000 600000 2120000
Market Value as on September 30, 2024 (₹) 148,265 547,499 1,131,377 9,706,658
Scheme Returns (%) 46.43 29.22 25.67 15.36
Nifty 500 TRI - Scheme Benchmark (₹) 145,080 537,431 1,138,100 9,732,010
Nifty 500 TRI - Scheme Benchmark Returns (%) 40.94 27.84 25.92 15.38
Nifty 50 TRI - Additional Benchmark (₹) 141,138 499,837 1,031,618 8,544,004
Nifty 50 TRI - Additional Benchmark Returns (%) 34.24 22.52 21.83 14.15

HSBC Global Equity Climate Change Fund of Fund* Inception Date: 22 Mar 21
Scheme Name & Benchmarks 1 Year 3 Years 5 Years Since Inception
Total amount invested (₹) 120000 360000 NA 420000

Market Value as on September 30, 2024 (₹) 136,075 418,784 NA 481,221

Scheme Returns (%) 25.82 10.08 NA 7.73

MSCI AC World Index TRI - Scheme Benchmark (₹) 139,553 478,712 NA 564,900

MSCI AC World Index TRI - Scheme Benchmark Returns (%) 31.63 19.42 NA 17.17

Nifty 50 TRI - Additional Benchmark (₹) 141,077 500,044 NA 603,656

Nifty 50 TRI - Additional Benchmark Returns (%) 34.20 22.56 NA 21.19

HSBC Asia Pacific (Ex Japan) Dividend Yield Fund* Inception Date: 24 Feb 14
Scheme Name & Benchmarks 1 Year 3 Years 5 Years Since Inception
Total amount invested (₹) 120000 360000 600000 1270000
Market Value as on September 30, 2024 (₹) 143,810 453,679 791,329 2,122,218
Scheme Returns (%) 38.85 15.63 11.02 9.35
MSCI AC Asia Pacific ex Japan TRI - Scheme Benchmark (₹) 143,986 451,214 778,296 2,138,706
MSCI AC Asia Pacific ex Japan TRI - Scheme Benchmark Returns (%) 39.15 15.25 10.35 9.48
Nifty 50 TRI - Additional Benchmark (₹) 141,088 499,960 1,030,449 3,151,506
Nifty 50 TRI - Additional Benchmark Returns (%) 34.22 22.56 21.80 16.29

HSBC Brazil Fund* Inception Date: 06 May 11

Scheme Name & Benchmarks 1 Year 3 Years 5 Years Since Inception
Total amount invested (₹) 120000 360000 600000 1600000
Market Value as on September 30, 2024 (₹) 119,919 382,713 622,694 1,566,549
Scheme Returns (%) -0.13 4.02 1.46 -0.32
MSCI Brazil 10/40 Index TRI - Scheme Benchmark (₹) 118,552 401,192 703,369 2,279,256
MSCI Brazil 10/40 Index TRI - Scheme Benchmark Returns (%) -2.24 7.17 6.30 5.13
Nifty 50 TRI - Additional Benchmark (₹) 141,004 500,044 1,030,863 4,937,516
Nifty 50 TRI - Additional Benchmark Returns (%) 34.08 22.56 21.81 15.64

HSBC Global Emerging Markets Fund* Inception Date: 17 Mar 08

Scheme Name & Benchmarks 1 Year 3 Years 5 Years Since Inception
Total amount invested (₹) 120000 360000 600000 1980000
Market Value as on September 30, 2024 (₹) 138,503 414,852 699,509 3,321,323
Scheme Returns (%) 29.87 9.44 6.08 5.95
MSCI Emerging Markets Index TRI - Scheme Benchmark (₹) 140,358 441,305 756,649 4,151,593
MSCI Emerging Markets Index TRI - Scheme Benchmark Returns (%) 32.99 13.70 9.22 8.39
Nifty 50 TRI - Additional Benchmark (₹) 141,088 499,807 1,030,277 7,583,078
Nifty 50 TRI - Additional Benchmark Returns (%) 34.22 22.54 21.79 14.70

HSBC Managed Solutions India – Growth Inception Date: 30 Apr 14

Scheme Name & Benchmarks 1 Year 3 Years 5 Years Since Inception
Total amount invested (₹) 120000 360000 600000 1250000
Market Value as on September 30, 2024 (₹) 140,393 505,292 1,019,322 2,855,264
Scheme Returns (%) 33.00 23.31 21.34 15.10
A composite index with 80% weight to BSE 200 TRI and 20% weight to CRISIL
140,692 501,671 1,018,207 3,002,855
Composite Bond Index - Scheme Benchmark (₹)
A composite index with 80% weight to BSE 200 TRI and 20% weight to CRISIL
33.50 22.79 21.30 15.99
Composite Bond Index - Scheme Benchmark Returns (%)
Nifty 50 TRI - Additional Benchmark (₹) 141,142 499,519 1,032,277 3,061,519
Nifty 50 TRI - Additional Benchmark Returns (%) 34.26 22.48 21.86 16.33
CRISIL 10 Year Gilt Index - Additional Benchmark (₹) 127,402 407,336 700,917 1,763,323
CRISIL 10 Year Gilt Index - Additional Benchmark Returns (%) 11.65 8.19 6.16 6.42

*Note - Mr. Sonal Gupta shall be dedicated fund manager for investments in foreign securities by all the schemes of HSBC Mutual Fund.
Past performance may or may not be sustained in the future. 59
 SIP Performance Equity Schemes - Regular Plan
HSBC Managed Solutions India – Moderate Inception Date: 30 Apr 14
Scheme Name & Benchmarks 1 Year 3 Years 5 Years Since Inception
Total amount invested (₹) 120000 360000 600000 1250000
Market Value as on September 30, 2024 (₹) 137,442 482,171 943,357 2,588,579
Scheme Returns (%) 28.05 19.93 18.15 13.35
CRISIL Hybrid 35+65 - Aggressive Fund Index - Scheme Benchmark (₹) 137,860 482,067 952,358 2,773,102
CRISIL Hybrid 35+65 - Aggressive Fund Index - Scheme Benchmark Returns (%) 28.75 19.92 18.54 14.58
Nifty 50 TRI - Additional Benchmark (₹) 141,142 499,519 1,032,277 3,061,519
Nifty 50 TRI - Additional Benchmark Returns (%) 34.26 22.48 21.86 16.33
CRISIL 10 Year Gilt Index - Additional Benchmark (₹) 127,402 407,336 700,917 1,763,323
CRISIL 10 Year Gilt Index - Additional Benchmark Returns (%) 11.65 8.19 6.16 6.42

HSBC Managed Solutions India – Conservative Inception Date: 30 Apr 14

Scheme Name & Benchmarks 1 Year 3 Years 5 Years Since Inception
Total amount invested (₹) 120000 360000 600000 1250000
Market Value as on September 30, 2024 (₹) 127,622 409,304 720,096 1,783,140
Scheme Returns (%) 12.00 8.52 7.23 6.62
A composite index with 10% weight to BSE 200 TRI and 90% weight to CRISIL
128,261 416,472 744,248 1,985,138
Composite Bond Index - Scheme Benchmark (₹)
A composite index with 10% weight to BSE 200 TRI and 90% weight to CRISIL
13.03 9.70 8.55 8.58
Composite Bond Index - Scheme Benchmark Returns (%)
Nifty 50 TRI - Additional Benchmark (₹) 141,142 499,519 1,032,277 3,061,519
Nifty 50 TRI - Additional Benchmark Returns (%) 34.26 22.48 21.86 16.33
CRISIL 10 Year Gilt Index - Additional Benchmark (₹) 127,402 407,336 700,917 1,763,323
CRISIL 10 Year Gilt Index - Additional Benchmark Returns (%) 11.65 8.19 6.16 6.42

Past performance may or may not be sustained in the future. 60

 SIP Performance Equity Schemes - Direct Plan
HSBC Focused Fund& Inception Date: 22 Jul 20
Scheme Name & Benchmarks 1 Year 3 Years 5 Years Since Inception
Total amount invested (₹) 120000 360000 NA 500000
Market Value as on September 30, 2024 (₹) 145,380 538,171 NA 823,792
Scheme Returns (%) 41.46 27.94 NA 24.47
Nifty 500 TRI - Scheme Benchmark (₹) 145,080 537,431 NA 845,952
Nifty 500 TRI - Scheme Benchmark Returns (%) 40.94 27.84 NA 25.83
Nifty 50 TRI - Additional Benchmark (₹) 141,138 499,837 NA 775,714
Nifty 50 TRI - Additional Benchmark Returns (%) 34.24 22.52 NA 21.42

HSBC Flexi Cap Fund& Inception Date: 01 Jan 13

Scheme Name & Benchmarks 1 Year 3 Years 5 Years Since Inception
Total amount invested (₹) 120000 360000 600000 1400000
Market Value as on September 30, 2024 (₹) 149,775 577,893 1,202,900 4,330,734
Scheme Returns (%) 49.05 33.29 28.24 18.09
NIFTY 500 TRI - Scheme Benchmark (₹) 145,080 537,431 1,138,100 4,271,922
NIFTY 500 TRI - Scheme Benchmark Returns (%) 40.94 27.84 25.92 17.88
Nifty 50 TRI - Additional Benchmark (₹) 141,138 499,837 1,031,618 3,802,164
Nifty 50 TRI - Additional Benchmark Returns (%) 34.24 22.52 21.83 16.08

HSBC Large and Mid Cap Fund& Inception Date: 28 Mar 19

Scheme Name & Benchmarks 1 Year 3 Years 5 Years Since Inception
Total amount invested (₹) 120000 360000 600000 660000
Market Value as on September 30, 2024 (₹) 151,295 588,678 1,229,173 1,405,443
Scheme Returns (%) 51.70 34.70 29.15 27.67
NIFTY Large Midcap 250 TRI - Scheme Benchmark (₹) 146,303 561,276 1,226,940 1,411,495
NIFTY Large Midcap 250 TRI - Scheme Benchmark Returns (%) 43.04 31.08 29.08 27.83
Nifty 50 TRI - Additional Benchmark (₹) 141,138 499,837 1,031,618 1,175,170
Nifty 50 TRI - Additional Benchmark Returns (%) 34.24 22.52 21.83 20.99

HSBC Large Cap Fund& Inception Date: 01 Jan 13

Scheme Name & Benchmarks 1 Year 3 Years 5 Years Since Inception
Total amount invested (₹) 120000 360000 600000 1400000
Market Value as on September 30, 2024 (₹) 144,923 529,544 1,076,713 3,934,647
Scheme Returns (%) 40.67 26.74 23.61 16.61
Nifty 100 TRI - Scheme Benchmark (₹) 143,751 514,092 1,059,749 3,920,533
Nifty 100 TRI - Scheme Benchmark Returns (%) 38.67 24.57 22.95 16.55
Nifty 50 TRI - Additional Benchmark (₹) 141,138 499,837 1,031,618 3,802,164
Nifty 50 TRI - Additional Benchmark Returns (%) 34.24 22.52 21.83 16.08

HSBC Midcap Fund* & Inception Date: 01 Jan 13

Scheme Name & Benchmarks 1 Year 3 Years 5 Years Since Inception
Total amount invested (₹) 120000 360000 600000 1400000
Market Value as on September 30, 2024 (₹) 154,925 630,207 1,345,405 5,829,020
Scheme Returns (%) 58.08 39.98 32.99 22.65
Nifty Midcap 150 TRI - Scheme Benchmark (₹) 148,795 611,502 1,417,060 6,056,777
Nifty Midcap 150 TRI - Scheme Benchmark Returns (%) 47.34 37.63 35.21 23.24
Nifty 50 TRI - Additional Benchmark (₹) 141,138 499,837 1,031,618 3,802,164
Nifty 50 TRI - Additional Benchmark Returns (%) 34.24 22.52 21.83 16.08

HSBC Aggressive Hybrid Fund* & Inception Date: 01 Jan 13

Scheme Name & Benchmarks 1 Year 3 Years 5 Years Since Inception
Total amount invested (₹) 120000 360000 600000 1400000
Market Value as on September 30, 2024 (₹) 141,516 513,060 1,012,596 3,664,900
Scheme Returns (%) 34.88 24.42 21.06 15.51
NIFTY 50 Hybrid Composite Debt 65:35 Index - Scheme Benchmark (₹) 135,810 464,978 908,535 3,215,976
NIFTY 50 Hybrid Composite Debt 65:35 Index - Scheme Benchmark Returns (%) 25.33 17.35 16.61 13.47
Nifty 50 TRI - Additional Benchmark (₹) 141,138 499,837 1,031,618 3,801,210
Nifty 50 TRI - Additional Benchmark Returns (%) 34.24 22.52 21.83 16.07

*Note - Mr. Sonal Gupta shall be dedicated fund manager for investments in foreign securities by all the schemes of HSBC Mutual Fund.
Past performance may or may not be sustained in the future. 61
 SIP Performance Equity Schemes - Direct Plan
HSBC Multi Cap Fund* Inception Date: 30 Jan 23
Scheme Name & Benchmarks 1 Year 3 Years 5 Years Since Inception
Total amount invested (₹) 120000 NA NA 200000
Market Value as on September 30, 2024 (₹) 149,148 NA NA 294,759
Scheme Returns (%) 47.96 NA NA 52.36
NIFTY 500 Multicap 50:25:25 TRI - Scheme Benchmark (₹) 146,339 NA NA 278,780
NIFTY 500 Multicap 50:25:25 TRI - Scheme Benchmark Returns (%) 43.10 NA NA 43.79
Nifty 50 TRI - Additional Benchmark (₹) 141,138 NA NA 255,076
Nifty 50 TRI - Additional Benchmark Returns (%) 34.24 NA NA 30.89

HSBC Infrastructure Fund* & Inception Date: 01 Jan 13

Scheme Name & Benchmarks 1 Year 3 Years 5 Years Since Inception
Total amount invested (₹) 120000 360000 600000 1400000
Market Value as on September 30, 2024 (₹) 152,079 655,265 1,524,747 5,881,098
Scheme Returns (%) 53.07 43.05 38.37 22.79
Nifty Infrastructure TRI - Scheme Benchmark (₹) 146,923 600,137 1,313,351 4,306,098
Nifty Infrastructure TRI - Scheme Benchmark Returns (%) 44.11 36.18 31.96 18.00
Nifty 50 TRI - Additional Benchmark (₹) 141,138 499,837 1,031,618 3,802,164
Nifty 50 TRI - Additional Benchmark Returns (%) 34.24 22.52 21.83 16.08

HSBC Small Cap Fund* & Inception Date: 12 May 14

Scheme Name & Benchmarks 1 Year 3 Years 5 Years Since Inception
Total amount invested (₹) 120000 360000 600000 1240000
Market Value as on September 30, 2024 (₹) 147,720 612,541 1,555,646 4,704,222
Scheme Returns (%) 45.48 37.76 39.24 24.26
Nifty Smallcap 250 TRI - Scheme Benchmark (₹) 148,937 621,622 1,495,813 4,083,030
Nifty Smallcap 250 TRI - Scheme Benchmark Returns (%) 47.59 38.90 37.54 21.74
Nifty 50 TRI - Additional Benchmark (₹) 141,138 499,837 1,031,618 3,018,108
Nifty 50 TRI - Additional Benchmark Returns (%) 34.24 22.52 21.83 16.36

HSBC Business Cycles Fund* Inception Date: 20 Aug 14

Scheme Name & Benchmarks 1 Year 3 Years 5 Years Since Inception
Total amount invested (₹) 120000 360000 600000 1210000
Market Value as on September 30, 2024 (₹) 154,283 610,969 1,327,160 3,483,602
Scheme Returns (%) 56.95 37.56 32.41 19.88
Nifty 500 TRI - Scheme Benchmark (₹) 145,080 537,431 1,138,100 3,200,160
Nifty 500 TRI - Scheme Benchmark Returns (%) 40.94 27.84 25.92 18.32
Nifty 50 TRI - Additional Benchmark (₹) 141,138 499,837 1,031,618 2,901,538
Nifty 50 TRI - Additional Benchmark Returns (%) 34.24 22.52 21.83 16.52

HSBC Consumption Fund Inception Date: 31 Aug 23

Scheme Name & Benchmarks 1 Year 3 Years 5 Years Since Inception
Total amount invested (₹) 120000 NA NA 130000
Market Value as on July 31, 2024 (₹) 154,332 NA NA 169,800
Scheme Returns (%) 57.04 NA NA 55.90
Nifty India Consumption TRI - Scheme Benchmark (₹) 155,506 NA NA 171,034
Nifty India Consumption TRI - Scheme Benchmark Returns (%) 59.11 NA NA 57.72
Nifty 50 TRI - Additional Benchmark (₹) 141,138 NA NA 154,514
Nifty 50 TRI - Additional Benchmark Returns (%) 34.24 NA NA 33.75

HSBC Value Fund* Inception Date: 01 Jan 13

Scheme Name & Benchmarks 1 Year 3 Years 5 Years Since Inception
Total amount invested (₹) 120000 360000 600000 1400000
Market Value as on September 30, 2024 (₹) 148,592 612,415 1,370,546 5,740,018
Scheme Returns (%) 46.99 37.74 33.78 22.42
Nifty 500 TRI - Scheme Benchmark (₹) 145,080 537,431 1,138,100 4,271,922
Nifty 500 TRI - Scheme Benchmark Returns (%) 40.94 27.84 25.92 17.88
Nifty 50 TRI - Additional Benchmark (₹) 141,138 499,837 1,031,618 3,802,164
Nifty 50 TRI - Additional Benchmark Returns (%) 34.24 22.52 21.83 16.08

* Note - Mr. Sonal Gupta shall be dedicated fund manager for investments in foreign securities by all the schemes of HSBC Mutual Fund.
Past performance may or may not be sustained in the future. 62
 SIP Performance Equity Schemes - Direct Plan
HSBC Arbitrage Fund Inception Date: 30 Jun 14
Scheme Name & Benchmarks 1 Year 3 Years 5 Years Since Inception
Total amount invested (₹) 120000 360000 600000 1230000
Market Value as on September 30, 2024 (₹) 125,017 402,465 706,467 1,714,300
Scheme Returns (%) 7.85 7.38 6.47 6.30
Nifty 50 Arbitrage Index - Scheme Benchmark (₹) 124,140 399,171 696,233 1,633,500
Nifty 50 Arbitrage Index - Scheme Benchmark Returns (%) 6.46 6.82 5.89 5.40
Nifty 50 TRI - Additional Benchmark (₹) 141,138 499,837 1,031,618 2,977,793
Nifty 50 TRI - Additional Benchmark Returns (%) 34.24 22.52 21.83 16.41

HSBC Multi Asset Allocation Fund Inception Date: 28 Feb 24

Scheme Name & Benchmarks 6 Months Since Inception
Total amount invested (₹) 60000 70000
Market Value as on September 30, 2024 (₹) 64,568 76,616
Scheme Returns (%) 28.71 31.03
(BSE 200 TRI (65%) + NIFTY Short Duration Debt Index (20%) +Domestic Price of
64,650 76,342
Gold (10%)+Domestic Price of Silver (5%) - Scheme Benchmark (₹)"
(BSE 200 TRI (65%) + NIFTY Short Duration Debt Index (20%) +Domestic Price of
29.27 29.65
Gold (10%)+Domestic Price of Silver (5%)- Scheme Benchmark Returns (%)
Nifty 50 TRI - Additional Benchmark (₹) 65,500 77,152
Nifty 50 TRI - Additional Benchmark Returns (%) 35.14 33.76

HSBC Balanced Advantage Fund* Inception Date: 01 Jan 13

Scheme Name & Benchmarks 1 Year 3 Years 5 Years Since Inception
Total amount invested (₹) 120000 360000 600000 1400000
Market Value as on September 30, 2024 (₹) 134,958 470,311 877,605 2,967,953
Scheme Returns (%) 23.92 18.15 15.20 12.21
Nifty 50 Hybrid composite debt 50:50 Index - Scheme Benchmark (₹) 133,574 450,539 859,644 2,971,104
Nifty 50 Hybrid composite debt 50:50 Index - Scheme Benchmark Returns (%) 21.64 15.13 14.36 12.23
BSE Sensex TRI - Additional Benchmark (₹) 139,391 488,624 1,002,406 3,750,677
BSE Sensex TRI - Additional Benchmark Returns (%) 31.30 20.88 20.65 15.87

HSBC Equity Savings Fund* Inception Date: 01 Jan 13

Scheme Name & Benchmarks 1 Year 3 Years 5 Years Since Inception
Total amount invested (₹) 120000 360000 600000 1400000
Market Value as on September 30, 2024 (₹) 137,094 478,257 918,567 2,885,046
Scheme Returns (%) 27.46 19.35 17.06 11.77
NIFTY Equity Savings Index - Scheme Benchmark (₹) 130,396 433,830 805,633 2,599,093
NIFTY Equity Savings Index - Scheme Benchmark Returns (%) 16.46 12.50 11.74 10.12
CRISIL 10 Year Gilt Index - Additional Benchmark (₹) 127,365 407,240 700,711 2,076,254
CRISIL 10 Year Gilt Index - Additional Benchmark Returns (%) 11.59 8.17 6.14 6.53

HSBC ELSS Tax saver Fund* Inception Date: 01 Jan 13

Scheme Name & Benchmarks 1 Year 3 Years 5 Years Since Inception
Total amount invested (₹) 120000 360000 600000 1400000
Market Value as on September 30, 2024 (₹) 152,366 576,766 1,186,552 4,359,519
Scheme Returns (%) 53.58 33.14 27.67 18.19
Nifty 500 TRI - Scheme Benchmark (₹) 145,080 537,431 1,138,100 4,271,922
Nifty 500 TRI - Scheme Benchmark Returns (%) 40.94 27.84 25.92 17.88
Nifty 50 TRI - Additional Benchmark (₹) 141,138 499,837 1,031,618 3,802,164
Nifty 50 TRI - Additional Benchmark Returns (%) 34.24 22.52 21.83 16.08

HSBC Nifty 50 Index Fund Inception Date: 15 Apr 20

Scheme Name & Benchmarks 1 Year 3 Years 5 Years Since Inception
Total amount invested (₹) 120000 360000 NA 530000
Market Value as on September 30, 2024 (₹) 140,884 497,681 NA 852,669
Scheme Returns (%) 33.81 22.21 NA 21.83
Nifty 50 TRI - Scheme Benchmark (₹) 141,138 499,837 NA 858,705
Nifty 50 TRI - Scheme Benchmark Returns (%) 34.24 22.52 NA 22.17
BSE Sensex TRI - Additional Benchmark (₹) 139,391 488,624 NA 835,834
BSE Sensex TRI - Additional Benchmark Returns (%) 31.30 20.88 NA 20.89

*Note - Mr. Sonal Gupta shall be dedicated fund manager for investments in foreign securities by all the schemes of HSBC Mutual Fund.
Past performance may or may not be sustained in the future. 63
 SIP Performance Equity Schemes - Direct Plan
HSBC Nifty Next 50 Index Fund Inception Date: 15 Apr 20
Scheme Name & Benchmarks 1 Year 3 Years 5 Years Since Inception
Total amount invested (₹) 120000 360000 NA 530000
Market Value as on September 30, 2024 (₹) 158,254 605,968 NA 1,034,245
Scheme Returns (%) 64.01 36.93 NA 31.14
Nifty Next 50 TRI - Scheme Benchmark (₹) 158,943 612,298 NA 1,050,939
Nifty Next 50 TRI - Scheme Benchmark Returns (%) 65.24 37.73 NA 31.92
Nifty 50 TRI - Additional Benchmark (₹) 141,138 499,837 NA 858,705
Nifty 50 TRI - Additional Benchmark Returns (%) 34.24 22.52 NA 22.17

HSBC Tax Saver Equity Fund Inception Date: 01 Jan 13

Scheme Name & Benchmarks 1 Year 3 Years 5 Years Since Inception
Total amount invested (₹) 120000 360000 600000 1400000
Market Value as on September 30, 2024 (₹) 149,002 556,699 1,168,547 4,316,099
Scheme Returns (%) 47.70 30.47 27.02 18.04
Nifty 500 TRI - Scheme Benchmark (₹) 145,080 537,431 1,138,100 4,271,922
Nifty 500 TRI - Scheme Benchmark Returns (%) 40.94 27.84 25.92 17.88
Nifty 50 TRI - Additional Benchmark (₹) 141,138 499,837 1,031,618 3,802,164
Nifty 50 TRI - Additional Benchmark Returns (%) 34.24 22.52 21.83 16.08

HSBC Global Equity Climate Change Fund of Fund* Inception Date: 22 Mar 21
Scheme Name & Benchmarks 1 Year 3 Years 5 Years Since Inception
Total amount invested (₹) 120000 360000 NA 420000
Market Value as on September 30, 2024 (₹) 136,564 423,334 NA 487,313
Scheme Returns (%) 26.63 10.82 NA 8.46
MSCI AC World Index TRI - Scheme Benchmark (₹) 139,553 478,712 NA 564,900
MSCI AC World Index TRI - Scheme Benchmark Returns (%) 31.63 19.42 NA 17.17
Nifty 50 TRI - Additional Benchmark (₹) 141,077 500,044 NA 603,656
Nifty 50 TRI - Additional Benchmark Returns (%) 34.20 22.56 NA 21.19

HSBC Asia Pacific (Ex Japan) Dividend Yield Fund* Inception Date: 24 Feb 14
Scheme Name & Benchmarks 1 Year 3 Years 5 Years Since Inception
Total amount invested (₹) 120000 360000 600000 1270000
Market Value as on September 30, 2024 (₹) 144,105 457,456 804,354 2,210,967
Scheme Returns (%) 39.35 16.21 11.68 10.07
MSCI AC Asia Pacific ex Japan TRI - Scheme Benchmark (₹) 143,986 451,214 778,296 2,138,706
MSCI AC Asia Pacific ex Japan TRI - Scheme Benchmark Returns (%) 39.15 15.25 10.35 9.48
Nifty 50 TRI - Additional Benchmark (₹) 141,088 499,960 1,030,449 3,151,506
Nifty 50 TRI - Additional Benchmark Returns (%) 34.22 22.56 21.80 16.29

HSBC Brazil Fund* Inception Date: 02 Jan 13

Scheme Name & Benchmarks 1 Year 3 Years 5 Years Since Inception
Total amount invested (₹) 120000 360000 600000 1400000
Market Value as on September 30, 2024 (₹) 120,273 386,583 633,563 1,474,888
Scheme Returns (%) 0.42 4.68 2.15 0.88
MSCI Brazil 10/40 Index TRI - Scheme Benchmark (₹) 118,552 401,192 703,369 1,972,581
MSCI Brazil 10/40 Index TRI - Scheme Benchmark Returns (%) -2.24 7.17 6.30 5.70
Nifty 50 TRI - Additional Benchmark (₹) 141,004 500,044 1,030,863 3,804,260
Nifty 50 TRI - Additional Benchmark Returns (%) 34.08 22.56 21.81 16.09

HSBC Global Emerging Markets Fund* Inception Date: 02 Jan 13

Scheme Name & Benchmarks 1 Year 3 Years 5 Years Since Inception
Total amount invested (₹) 120000 360000 600000 1400000
Market Value as on September 30, 2024 (₹) 139,039 419,280 712,355 2,134,603
Scheme Returns (%) 30.77 10.17 6.81 6.98
MSCI Emerging Markets Index TRI - Scheme Benchmark (₹) 140,358 441,305 756,649 2,294,076
MSCI Emerging Markets Index TRI - Scheme Benchmark Returns (%) 32.99 13.70 9.22 8.13
Nifty 50 TRI - Additional Benchmark (₹) 141,088 499,807 1,030,277 3,800,378
Nifty 50 TRI - Additional Benchmark Returns (%) 34.22 22.54 21.79 16.07

IDCW are assumed to be reinvested and bonus is adjusted. Load is not taken into consideration; For SIP returns, monthly investment of Rs. 10000 invested on the 1st day of every month has been considered.
SIP Return are calculated on XIRR basis.
Past performance may or may not be sustained in the future. 64
 SIP Performance Equity Schemes - Direct Plan
HSBC Managed Solutions India – Growth Inception Date: 30 Apr 14
Scheme Name & Benchmarks 1 Year 3 Years 5 Years Since Inception
Total amount invested (₹) 120000 360000 600000 1250000
Market Value as on September 30, 2024 (₹) 141,124 511,948 1,038,398 2,940,486
Scheme Returns (%) 34.23 24.27 22.11 15.62
A composite index with 80% weight to BSE 200 TRI and 20% weight to CRISIL
140,692 501,671 1,018,207 3,002,855
Composite Bond Index - Scheme Benchmark (₹)
A composite index with 80% weight to BSE 200 TRI and 20% weight to CRISIL
33.50 22.79 21.30 15.99
Composite Bond Index - Scheme Benchmark Returns (%)
Nifty 50 TRI - Additional Benchmark (₹) 141,142 499,519 1,032,277 3,061,519
Nifty 50 TRI - Additional Benchmark Returns (%) 34.26 22.48 21.86 16.33
CRISIL 10 Year Gilt Index - Additional Benchmark (₹) 127,402 407,336 700,917 1,763,323
CRISIL 10 Year Gilt Index - Additional Benchmark Returns (%) 11.65 8.19 6.16 6.42

HSBC Managed Solutions India – Moderate Inception Date: 30 Apr 14

Scheme Name & Benchmarks 1 Year 3 Years 5 Years Since Inception
Total amount invested (₹) 120000 360000 600000 1250000
Market Value as on September 30, 2024 (₹) 138,245 489,652 965,765 2,689,022
Scheme Returns (%) 29.39 21.04 19.12 14.03
CRISIL Hybrid 35+65 - Aggressive Fund Index - Scheme Benchmark (₹) 137,860 482,067 952,358 2,773,102
CRISIL Hybrid 35+65 - Aggressive Fund Index - Scheme Benchmark Returns (%) 28.75 19.92 18.54 14.58
Nifty 50 TRI - Additional Benchmark (₹) 141,142 499,519 1,032,277 3,061,519
Nifty 50 TRI - Additional Benchmark Returns (%) 34.26 22.48 21.86 16.33
CRISIL 10 Year Gilt Index - Additional Benchmark (₹) 127,402 407,336 700,917 1,763,323
CRISIL 10 Year Gilt Index - Additional Benchmark Returns (%) 11.65 8.19 6.16 6.42

HSBC Managed Solutions India – Conservative Inception Date: 30 Apr 14

Scheme Name & Benchmarks 1 Year 3 Years 5 Years Since Inception
Total amount invested (₹) 120000 360000 600000 1250000
Market Value as on September 30, 2024 (₹) 128,161 414,307 734,840 1,849,323
Scheme Returns (%) 12.87 9.34 8.04 7.29
A composite index with 10% weight to BSE 200 TRI and 90% weight to CRISIL
128,261 416,472 744,248 1,985,138
Composite Bond Index - Scheme Benchmark (₹)
A composite index with 10% weight to BSE 200 TRI and 90% weight to CRISIL
13.03 9.70 8.55 8.58
Composite Bond Index - Scheme Benchmark Returns (%)
Nifty 50 TRI - Additional Benchmark (₹) 141,142 499,519 1,032,277 3,061,519
Nifty 50 TRI - Additional Benchmark Returns (%) 34.26 22.48 21.86 16.33
CRISIL 10 Year Gilt Index - Additional Benchmark (₹) 127,402 407,336 700,917 1,763,323
CRISIL 10 Year Gilt Index - Additional Benchmark Returns (%) 11.65 8.19 6.16 6.42

Past performance may or may not be sustained in the future. 65

 Comparative Performance of Equity Schemes
Fund Manager - Neelotpal Sahai Effective 29 Jul 2020. Total Schemes Managed - 3
Fund Manager - Cheenu Gupta Effective 01 Jun 2023. Total Schemes Managed - 11
HSBC Focused Fund - Regular Plan ~ ~ Inception Date: 22-Jul-20

1 Year 3 Years 5 Years Since Inception

Fund / Benchmark
(Value of ₹10,000 invested) Amount Returns Amount Returns Amount Returns Amount Returns
in ` (%) in ` (%) in ` (%) in ` (%)
HSBC Focused Fund 14025 39.99 15680 16.16 NA NA 24479 23.79
Scheme Benchmark (Nifty 500 TRI) 14154 41.27 16614 18.42 NA NA 27996 27.82
Additional Benchmark (Nifty 50 TRI) 13300 32.80 15184 14.92 NA NA 24370 23.66
HSBC Focused Fund - Direct Plan ~ ~ Inception Date: 22-Jul-20
HSBC Focused Fund 14193 41.66 16189 17.40 NA NA 25400 24.89
Scheme Benchmark (Nifty 500 TRI) 14154 41.27 16614 18.42 NA NA 27996 27.82
Additional Benchmark (Nifty 50 TRI) 13300 32.80 15184 14.92 NA NA 24370 23.66

Fund Manager - Abhishek Gupta Effective 01 Mar 2024. Total Schemes Managed - 6
Fund Manager - Venugopal Manghat Effective 01 Apr 2024. Total Schemes Managed - 7
HSBC Flexi Cap Fund - Regular Plan ~ ~ Inception Date: 24-Feb-04

1 Year 3 Years 5 Years Since Inception

Fund / Benchmark
(Value of ₹10,000 invested) Amount Returns Amount Returns Amount Returns Amount Returns
in ` (%) in ` (%) in ` (%) in ` (%)
HSBC Flexi Cap Fund 14744 47.13 17881 21.35 26812 21.78 275775 17.46
Scheme Benchmark (NIFTY 500 TRI) 14154 41.27 16614 18.42 27335 22.25 215404 16.06
Additional Benchmark (Nifty 50 TRI) 13300 32.80 15184 14.92 23839 18.95 184548 15.19
HSBC Flexi Cap Fund - Direct Plan ~ ~ Inception Date: 01-Jan-13
HSBC Flexi Cap Fund 14854 48.22 18327 22.35 27847 22.70 61456 16.71
Scheme Benchmark (NIFTY 500 TRI) 14154 41.27 16614 18.42 27335 22.25 57787 16.10
Additional Benchmark (Nifty 50 TRI) 13300 32.80 15184 14.92 23839 18.95 50080 14.69

Fund Manager - Cheenu Gupta Effective 26 Nov 2022. Total Schemes Managed - 11
Fund Manager - Abhishek Gupta Effective 01 Apr 2024. Total Schemes Managed - 6
HSBC Large and Mid Cap Fund - Regular Plan ~ ~ Inception Date: 28-Mar-19

1 Year 3 Years 5 Years Since Inception

Fund / Benchmark
(Value of ₹10,000 invested) Amount Returns Amount Returns Amount Returns Amount Returns
in ` (%) in ` (%) in ` (%) in ` (%)
HSBC Large and Mid Cap Fund 14842 48.10 18036 21.70 27869 22.72 27468 20.11
Scheme Benchmark (NIFTY Large Midcap 250 TRI) 14354 43.26 17747 21.05 31172 25.50 29948 22.00
Additional Benchmark (Nifty 50 TRI) 13300 32.80 15184 14.92 23839 18.95 23841 17.06
HSBC Large and Mid Cap Fund - Direct Plan ~ ~ Inception Date: 28-Mar-19
HSBC Large and Mid Cap Fund 14993 49.60 18779 23.35 29062 23.76 28666 21.04
Scheme Benchmark (NIFTY Large Midcap 250 TRI) 14354 43.26 17747 21.05 31172 25.50 29948 22.00
Additional Benchmark (Nifty 50 TRI) 13300 32.80 15184 14.92 23839 18.95 23841 17.06

Fund Manager - Neelotpal Sahai Effective 27 May 2013. Total Schemes Managed - 3
Fund Manager - Gautam Bhupal Effective 01 Jun 2023. Total Schemes Managed - 13
HSBC Large Cap Fund - Regular Plan4 ~ ~ Inception Date: 10-Dec-02
1 Year 3 Years 5 Years Since Inception
Fund / Benchmark
(Value of ₹10,000 invested) Amount Returns Amount Returns Amount Returns Amount Returns
in ` (%) in ` (%) in ` (%) in ` (%)
HSBC Large Cap Fund 13888 38.63 15671 16.14 23369 18.48 528518 19.94
Scheme Benchmark (Nifty 100 TRI) 13884 38.59 15586 15.93 24466 19.57 NA NA
Additional Benchmark (Nifty 50 TRI) 13300 32.80 15184 14.92 23839 18.95 325103 17.30
HSBC Large Cap Fund - Direct Plan ~ ~ Inception Date: 01-Jan-13
HSBC Large Cap Fund 14016 39.90 16123 17.24 24584 19.69 52444 15.14
Scheme Benchmark (Nifty 100 TRI) 13884 38.59 15586 15.93 24466 19.57 52716 15.19
Additional Benchmark (Nifty 50 TRI) 13300 32.80 15184 14.92 23839 18.95 50080 14.69

Fund Manager - Cheenu Gupta Effective 26 Nov 2022. Total Schemes Managed - 11; Fund Manager - Venugopal Manghat Effective 01 Oct 2023. Total
Schemes Managed - 7; Fund Manager - Sonal Gupta Effective 26 Nov 2022. Total Schemes Managed - 26
HSBC Midcap Fund* - Regular Plan 8 ~ ~ Inception Date: 09-Aug-04
1 Year 3 Years 5 Years Since Inception
Fund / Benchmark
(Value of ₹10,000 invested) Amount Returns Amount Returns Amount Returns Amount Returns
in ` (%) in ` (%) in ` (%) in ` (%)
HSBC Mid cap Fund 15803 57.63 19057 23.96 31531 25.79 401457 20.10
Scheme Benchmark (Nifty Midcap 150 TRI) 14821 47.90 20074 26.12 39263 31.42 NA NA

Additional Benchmark (Nifty 50 TRI) 13300 32.80 15184 14.92 23839 18.95 202671 16.10

Past performance may or may not be sustained in the future. 66

 Comparative Performance of Equity Schemes
HSBC Midcap Fund* - Direct Plan ~ ~ Inception Date: 01-Jan-13
HSBC Mid cap Fund 15973 59.33 19850 25.65 33567 27.37 105610 22.21
Scheme Benchmark (Nifty Midcap 150 TRI) 14821 47.90 20074 26.12 39263 31.42 93181 20.91
Additional Benchmark (Nifty 50 TRI) 13300 32.80 15184 14.92 23839 18.95 50080 14.69

Fund Manager - Cheenu Gupta Effective 02 Jul 2021. Total Schemes Managed - 11
Fund Manager - Gautam Bhupal Effective 01 Oct 2023. Total Schemes Managed - 13
Fund Manager - Shriram Ramanathan Effective 30 May 2016. Total Schemes Managed - 11
Fund Manager - Sonal Gupta Effective 05 Jul 2021. Total Schemes Managed - 26
Fund Manager - Mohd Asif Rizwi Effective 01 May 2024. Total Schemes Managed - 5
HSBC Aggressive Hybrid Fund* - Regular Plan ~ ~ Inception Date: 07-Feb-11

1 Year 3 Years 5 Years Since Inception

Fund / Benchmark
(Value of ₹10,000 invested) Amount Returns Amount Returns Amount Returns Amount Returns
in ` (%) in ` (%) in ` (%) in ` (%)
HSBC Aggressive Hybrid Fund 13304 32.83 15121 14.77 21604 16.64 56268 13.49
Scheme Benchmark (NIFTY 50 Hybrid Composite Debt 65:35
12432 24.17 14013 11.89 20342 15.24 46698 11.95
Index)
Additional Benchmark (Nifty 50 TRI) 13300 32.80 15184 14.92 23839 18.95 56561 13.53
HSBC Aggressive Hybrid Fund* - Direct Plan ~ ~ Inception Date: 01-Jan-13
HSBC Aggressive Hybrid Fund 13444 34.22 15601 15.97 22718 17.81 54770 15.57
Scheme Benchmark (NIFTY 50 Hybrid Composite Debt 65:35
12432 24.17 14013 11.89 20342 15.24 40383 12.61
Index)
Additional Benchmark (Nifty 50 TRI) 13300 32.80 15184 14.92 23839 18.95 50080 14.69

Fund Manager - Venugopal Manghat Effective 17 Dec 2019. Total Schemes Managed - 7; Fund Manager - Gautam Bhupal Effective 26 Nov
2022. Total Schemes Managed - 13; Fund Manager - Sonal Gupta Effective 26 Nov 2022. Total Schemes Managed - 26
HSBC Infrastructure Fund* - Regular Plan ~ ~ Inception Date: 27-Sep-07

1 Year 3 Years 5 Years Since Inception

Fund / Benchmark
(Value of ₹10,000 invested) Amount Returns Amount Returns Amount Returns Amount Returns
in ` (%) in ` (%) in ` (%) in ` (%)
HSBC Infrastructure Fund 15351 53.15 22490 30.99 34444 28.03 52454 10.23
Scheme Benchmark (Nifty Infrastructure TRI) 15461 54.25 19664 25.26 31781 25.99 26283 5.84
Additional Benchmark (Nifty 50 TRI) 13300 32.80 15184 14.92 23839 18.95 63134 11.43
HSBC Infrastructure Fund* - Direct Plan ~ ~ Inception Date: 01-Jan-13
HSBC Infrastructure Fund 15512 54.75 22880 31.74 35678 28.93 81702 19.57
Scheme Benchmark (Nifty Infrastructure TRI) 15461 54.25 19664 25.26 31781 25.99 43281 13.28
Additional Benchmark (Nifty 50 TRI) 13300 32.80 15184 14.92 23839 18.95 50080 14.69

Fund Manager - Venugopal Manghat Effective 17 Dec 2019. Total Schemes Managed - 7
Fund Manager - Cheenu Gupta Effective 01 Oct 2023. Total Schemes Managed - 11
Fund Manager - Sonal Gupta Effective 05 Jul 2021. Total Schemes Managed - 26
HSBC Small Cap Fund* - Regular Plan ~ ~ Inception Date: 12-May-14

1 Year 3 Years 5 Years Since Inception

Fund / Benchmark
(Value of ₹10,000 invested) Amount Returns Amount Returns Amount Returns Amount Returns
in ` (%) in ` (%) in ` (%) in ` (%)
HSBC Small Cap Fund 14444 44.15 20770 27.56 39481 31.57 84048 22.73
Scheme Benchmark (Nifty Smallcap 250 TRI) 15149 51.15 20134 26.25 41106 32.63 69700 20.54
Additional Benchmark (Nifty 50 TRI) 13300 32.80 15184 14.92 23839 18.95 41900 14.78
HSBC Small Cap Fund* - Direct Plan ~ ~ Inception Date: 12-May-14
HSBC Small Cap Fund 14592 45.62 21497 29.03 41772 33.06 91533 23.74
Scheme Benchmark (Nifty Smallcap 250 TRI) 15149 51.15 20134 26.25 41106 32.63 69700 20.54
Additional Benchmark (Nifty 50 TRI) 13300 32.80 15184 14.92 23839 18.95 41900 14.78

Fund Manager - Gautam Bhupal Effective 01 Jun 2023. Total Schemes Managed - 13; Fund Manager - Venugopal Manghat Effective 20 Aug
2014. Total Schemes Managed - 7; Fund Manager - Sonal Gupta Effective 05 Jul 2021. Total Schemes Managed - 26
HSBC Business Cycles Fund* - Regular Plan ~ ~ Inception Date: 20-Aug-14
1 Year 3 Years 5 Years Since Inception
Fund / Benchmark
(Value of ₹10,000 invested) Amount Returns Amount Returns Amount Returns Amount Returns
in ` (%) in ` (%) in ` (%) in ` (%)
HSBC Business Cycles Fund 15511 54.74 19594 25.11 29421 24.06 44417 15.87
Scheme Benchmark (Nifty 500 TRI) 14154 41.27 16614 18.42 27335 22.25 42862 15.47
Additional Benchmark (Nifty 50 TRI) 13300 32.80 15184 14.92 23839 18.95 37018 13.81
HSBC Business Cycles Fund* - Direct Plan ~ ~ Inception Date: 20-Aug-14
HSBC Business Cycles Fund 15678 56.40 20235 26.46 30986 25.35 48453 16.87
Scheme Benchmark (Nifty 500 TRI) 14154 41.27 16614 18.42 27335 22.25 42862 15.47
Additional Benchmark (Nifty 50 TRI) 13300 32.80 15184 14.92 23839 18.95 37018 13.81
* Note - Mr. Sonal Gupta shall be dedicated fund manager for investments in foreign securities by all the schemes of HSBC Mutual Fund.
Past performance may or may not be sustained in the future. 67
 Comparative Performance of Equity Schemes
Fund Manager - Venugopal Manghat Effective 24 Nov 2012. Total Schemes Managed - 7; Fund Manager - Gautam Bhupal Effective 01 Oct 2023.
Total Schemes Managed - 13; Fund Manager - Sonal Gupta Effective 05 Jul 2021. Total Schemes Managed - 26
HSBC Value Fund* - Regular Plan ~ ~ Inception Date: 08-Jan-10
1 Year 3 Years 5 Years Since Inception
Fund / Benchmark
(Value of ₹10,000 invested) Amount Returns Amount Returns Amount Returns Amount Returns
in ` (%) in ` (%) in ` (%) in ` (%)
HSBC Value Fund 15015 49.82 19795 25.53 32823 26.80 112862 17.88
Scheme Benchmark (Nifty 500 TRI) 14154 41.27 16614 18.42 27335 22.25 64887 13.53
Additional Benchmark (Nifty 50 TRI) 13300 32.80 15184 14.92 23839 18.95 58845 12.78
HSBC Value Fund* - Direct Plan ~ ~ Inception Date: 01-Jan-13
HSBC Value Fund 15160 51.26 20376 26.75 34448 28.03 101830 21.83
Scheme Benchmark (Nifty 500 TRI) 14154 41.27 16614 18.42 27335 22.25 57787 16.10
Additional Benchmark (Nifty 50 TRI) 13300 32.80 15184 14.92 23839 18.95 50080 14.69

Fund Manager - Praveen Ayathan Effective 30 Jun 2014. Total Schemes Managed - 5; Fund Manager - Hitesh Gondhia Effective 01 Oct 2023.
Total Schemes Managed - 3; Fund Manager - Mahesh Chhabria Effective 15 Jul 2023. Total Schemes Managed - 11; Fund Manager - Kapil
Punjabi Effective 01 May 2024. Total Schemes Managed - 17
HSBC Arbitrage Fund - Regular Plan ~ ~ Inception Date: 30-Jun-14
1 Year 3 Years 5 Years Since Inception
Fund / Benchmark
(Value of ₹10,000 invested) Amount Returns Amount Returns Amount Returns Amount Returns
in ` (%) in ` (%) in ` (%) in ` (%)
HSBC Arbitrage Fund 10726 7.22 11831 5.76 12925 5.26 18070 5.94
Scheme Benchmark (Nifty 50 Arbitrage Index) 10709 7.05 11941 6.09 12778 5.02 17503 5.61
Additional Benchmark (Nifty 50 TRI) 13300 32.80 15184 14.92 23839 18.95 38445 14.03
HSBC Arbitrage Fund - Direct Plan ~ ~ Inception Date: 30-Jun-14
HSBC Arbitrage Fund 10798 7.94 12072 6.47 13342 5.93 19249 6.59
Scheme Benchmark (Nifty 50 Arbitrage Index) 10709 7.05 11941 6.09 12778 5.02 17503 5.61
Additional Benchmark (Nifty 50 TRI) 13300 32.80 15184 14.92 23839 18.95 38445 14.03

Fund Manager - Cheenu Gupta Effective 28 Feb 2024. Total Schemes Managed - 11
Fund Manager - Mahesh Chhabria Effective 28 Feb 2024. Total Schemes Managed - 11
Fund Manager - Kapil Punjabi Effective 28 Feb 2024. Total Schemes Managed - 17
Fund Manager - Dipan Parikh Effective 28 Feb 2024. Total Schemes Managed - 1
Fund Manager - Sonal Gupta Effective 28 Feb 2024. Total Schemes Managed - 26
HSBC Multi Asset Allocation Fund - Regular Plan~ ~ Inception Date: 28-Feb-24
Fund / Benchmark 6 Months Since Inception
(Value of ₹10,000 invested) Amount in ` Returns (%) Amount in ` Returns (%)
HSBC Multi Asset Allocation Fund 11676 35.53 11982 33.64
Scheme Benchmark (BSE 200 TRI (65%) + NIFTY Short Duration
Debt Index (20%) +Domestic Price of Gold (10%)+Domestic Price 11452 30.49 11846 31.34
of Silver (5%)
Additional Benchmark (Nifty 50 TRI) 11543 32.53 11857 31.53
HSBC Multi Asset Allocation Fund - Direct Plan ~ ~ Inception Date: 28-Feb-24
HSBC Multi Asset Allocation Fund 11747 37.17 12080 35.32
Scheme Benchmark (BSE 200 TRI (65%) + NIFTY Short Duration
Debt Index (20%) +Domestic Price of Gold (10%)+Domestic Price 11452 30.49 11846 31.34
of Silver (5%)
Additional Benchmark (Nifty 50 TRI) 11543 32.53 11857 31.53

Fund Manager - Neelotpal Sahai Effective 26 Nov 2022. Total Schemes Managed - 3; Fund Manager - Gautam Bhupal Effective 01 Oct 2023. Total
Schemes Managed - 13; Fund Manager - Praveen Ayathan Effective 01 Oct 2023. Total Schemes Managed - 5; Fund Manager - Hitesh Gondhia
Effective 01 Oct 2023. Total Schemes Managed - 3; Fund Manager - Sonal Gupta Effective 26 Nov 2022. Total Schemes Managed - 26; Fund Manager
- Mahesh Chhabria Effective 15 Jul 2023. Total Schemes Managed - 11; Fund Manager - Kapil Punjabi Effective 01 May 2024. Total Schemes
Managed - 17
HSBC Balanced Advantage Fund* - Regular Plan ~ ~ Inception Date: 07-Feb-11
1 Year 3 Years 5 Years Since Inception
Fund / Benchmark
(Value of ₹10,000 invested) Amount Returns Amount Returns Amount Returns Amount Returns
in ` (%) in ` (%) in ` (%) in ` (%)
HSBC Balanced Advantage Fund 12312 22.98 13752 11.19 17375 11.67 42774 11.23
Scheme Benchmark (Nifty 50 Hybrid composite debt 50:50 Index) 12071 20.58 13518 10.56 18845 13.50 42360 11.15
Additional Benchmark (BSE Sensex TRI) 12966 29.48 14813 13.98 23148 18.26 56272 13.49
HSBC Balanced Advantage Fund* - Direct Plan ~ ~ Inception Date: 01-Jan-13
HSBC Balanced Advantage Fund 12478 24.63 14321 12.71 18575 13.17 40771 12.70
Scheme Benchmark (Nifty 50 Hybrid composite debt 50:50 Index) 12071 20.58 13518 10.56 18845 13.50 36362 11.61
Additional Benchmark (BSE Sensex TRI) 12966 29.48 14813 13.98 23148 18.26 50265 14.73

* Note - Mr. Sonal Gupta shall be dedicated fund manager for investments in foreign securities by all the schemes of HSBC Mutual Fund.
Past performance may or may not be sustained in the future. 68
 Comparative Performance of Equity Schemes
Fund Manager - Cheenu Gupta Effective 02 Jul 2021. Total Schemes Managed - 11; Fund Manager - Abhishek Gupta Effective 01 Apr 2024. Total
Schemes Managed - 6; Fund Manager - Mahesh Chhabria Effective 15 Jul 2023. Total Schemes Managed - 11; Fund Manager - Praveen Ayathan
Effective 01 Oct 2023. Total Schemes Managed - 5; Fund Manager - Hitesh Gondhia Effective 01 Oct 2023. Total Schemes Managed - 3; Fund
Manager - Kapil Punjabi Effective 01 May 2024. Total Schemes Managed - 17; Fund Manager - Sonal Gupta Effective 26 Nov 2022. Total Schemes
Managed - 26
HSBC Equity Savings Fund* - Regular Plan ~ ~ Inception Date: 18-Oct-11
1 Year 3 Years 5 Years Since Inception
Fund / Benchmark
(Value of ₹10,000 invested) Amount Returns Amount Returns Amount Returns Amount Returns
in ` (%) in ` (%) in ` (%) in ` (%)
HSBC Equity Savings Fund 12519 25.03 14476 13.11 18830 13.48 32841 9.61
Scheme Benchmark (NIFTY Equity Savings Index) 11626 16.16 13055 9.29 16749 10.85 34704 10.08
Additional Benchmark (CRISIL 10 Year Gilt Index) 11037 10.31 11702 5.37 13162 5.64 23949 6.97
HSBC Equity Savings Fund* - Direct Plan ~ ~ Inception Date: 01-Jan-13
HSBC Equity Savings Fund 12632 26.16 14868 14.12 19689 14.49 32655 10.59
Scheme Benchmark (NIFTY Equity Savings Index) 11626 16.16 13055 9.29 16749 10.85 30270 9.88
Additional Benchmark (CRISIL 10 Year Gilt Index) 11037 10.31 11702 5.37 13162 5.64 21178 6.59

Fund Manager - Venugopal Manghat Effective 30 Jan 2023. Total Schemes Managed - 7; Fund Manager - Sonal Gupta Effective 30 Jan 2023.
Total Schemes Managed - 26; Fund Manager - Kapil Punjabi Effective 30 Jan 2023. Total Schemes Managed - 17; Fund Manager - Gautam
Bhupal Effective 01 Apr 2024. Total Schemes Managed - 13
HSBC Multi Cap Fund* - Regular Plan ~ ~ Inception Date: 30-Jan-23
1 Year 3 Years 5 Years Since Inception
Fund / Benchmark
(Value of ₹10,000 invested) Amount Returns Amount Returns Amount Returns Amount Returns
in ` (%) in ` (%) in ` (%) in ` (%)
HSBC Multi Cap Fund 15208 51.74 NA NA NA NA 19330 48.44
Scheme Benchmark (NIFTY 500 Multicap 50:25:25 TRI) 14435 44.06 NA NA NA NA 17800 41.28
Additional Benchmark (Nifty 50 TRI) 13300 32.80 NA NA NA NA 14928 27.14
HSBC Multi Cap Fund* - Direct Plan ~ ~ Inception Date: 30-Jan-23
HSBC Multi Cap Fund 15414 53.78 NA NA NA NA 19770 50.46
Scheme Benchmark (NIFTY 500 Multicap 50:25:25 TRI) 14435 44.06 NA NA NA NA 17800 41.28
Additional Benchmark (Nifty 50 TRI) 13300 32.80 NA NA NA NA 14928 27.14

Fund Manager - Abhishek Gupta Effective 01 Mar 2024. Total Schemes Managed - 6; Fund Manager - Gautam Bhupal Effective 26 Nov 2022.
Total Schemes Managed - 13; Fund Manager - Sonal Gupta Effective 21 Jul 2021. Total Schemes Managed - 26
HSBC ELSS Tax saver Fund* - Regular Plan Inception Date: 27-Feb-06

1 Year 3 Years 5 Years Since Inception

Fund / Benchmark
(Value of ₹10,000 invested) Amount Returns Amount Returns Amount Returns Amount Returns
in ` (%) in ` (%) in ` (%) in ` (%)
HSBC ELSS Tax saver Fund 15061 50.28 17504 20.50 26431 21.43 138572 15.18

Scheme Benchmark (Nifty 500 TRI) 14154 41.27 16614 18.42 27335 22.25 113288 13.94
Additional Benchmark (Nifty 50 TRI) 13300 32.80 15184 14.92 23839 18.95 105527 13.50

HSBC ELSS Tax saver Fund* - Direct Plan Inception Date: 01-Jan-13

HSBC ELSS Tax saver Fund 15177 51.43 17920 21.44 27406 22.31 63447 17.02

Scheme Benchmark (Nifty 500 TRI) 14154 41.27 16614 18.42 27335 22.25 57787 16.10

Additional Benchmark (Nifty 50 TRI) 13300 32.80 15184 14.92 23839 18.95 50080 14.69

Fund Manager - Praveen Ayathan Effective 15 Apr 2020. Total Schemes Managed - 5
Fund Manager - Rajeesh Nair Effective 01 Oct 2023. Total Schemes Managed - 2
HSBC Nifty 50 Index Fund - Regular Plan ~ ~ Inception Date: 15-Apr-20

1 Year 3 Years 5 Years Since Inception

Fund / Benchmark
(Value of ₹10,000 invested) Amount Returns Amount Returns Amount Returns Amount Returns
in ` (%) in ` (%) in ` (%) in ` (%)
HSBC Nifty 50 Index Fund 13228 32.08 14943 14.31 NA NA 29553 27.48

Scheme Benchmark (Nifty 50 TRI) 13300 32.80 15184 14.92 NA NA 30489 28.37
Additional Benchmark (BSE Sensex TRI) 12966 29.48 14813 13.98 NA NA 29340 27.27

HSBC Nifty 50 Index Fund - Direct Plan ~ ~ Inception Date: 15-Apr-20

HSBC Nifty 50 Index Fund 13261 32.41 15076 14.65 NA NA 30005 27.92

Scheme Benchmark (Nifty 50 TRI) 13300 32.80 15184 14.92 NA NA 30489 28.37

Additional Benchmark (BSE Sensex TRI) 12966 29.48 14813 13.98 NA NA 29340 27.27

*Note - Mr. Sonal Gupta shall be dedicated fund manager for investments in foreign securities by all the schemes of HSBC Mutual Fund.
Past performance may or may not be sustained in the future. 69
 Comparative Performance of Equity Schemes
Fund Manager - Praveen Ayathan Effective 15 Apr 2020. Total Schemes Managed - 5
Fund Manager - Rajeesh Nair Effective 01 Oct 2023. Total Schemes Managed - 2
HSBC Nifty Next 50 Index Fund - Regular Plan ~ ~ Inception Date: 15-Apr-20

1 Year 3 Years 5 Years Since Inception

Fund / Benchmark
(Value of ₹10,000 invested) Amount Returns Amount Returns Amount Returns Amount Returns
in ` (%) in ` (%) in ` (%) in ` (%)
HSBC Nifty Next 50 Index Fund 17045 69.96 18060 21.76 NA NA 32986 30.66
Scheme Benchmark (Nifty Next 50 TRI) 17234 71.83 18653 23.07 NA NA 34631 32.09
Additional Benchmark (Nifty 50 TRI) 13300 32.80 15184 14.92 NA NA 30489 28.37
HSBC Nifty Next 50 Index Fund - Direct Plan ~ ~ Inception Date: 15-Apr-20
HSBC Nifty Next 50 Index Fund 17123 70.72 18306 22.31 NA NA 33655 31.25
Scheme Benchmark (Nifty Next 50 TRI) 17234 71.83 18653 23.07 NA NA 34631 32.09
Additional Benchmark (Nifty 50 TRI) 13300 32.80 15184 14.92 NA NA 30489 28.37

Fund Manager - Gautam Bhupal Effective 23 Jul 2019. Total Schemes Managed - 13

HSBC Tax Saver Equity Fund - Regular Plan Inception Date: 05-Jan-07

1 Year 3 Years 5 Years Since Inception

Fund / Benchmark
(Value of ₹10,000 invested) Amount Returns Amount Returns Amount Returns Amount Returns
in ` (%) in ` (%) in ` (%) in ` (%)
HSBC Tax Saver Equity Fund 14520 44.90 16551 18.27 25833 20.88 93584 13.43
Scheme Benchmark (Nifty 500 TRI) 14154 41.27 16614 18.42 27335 22.25 89371 13.13
Additional Benchmark (Nifty 50 TRI) 13300 32.80 15184 14.92 23839 18.95 80174 12.44
HSBC Tax Saver Equity Fund - Direct Plan Inception Date: 01-Jan-13
HSBC Tax Saver Equity Fund 14646 46.16 17102 19.57 27379 22.29 61540 16.72
Scheme Benchmark (Nifty 500 TRI) 14154 41.27 16614 18.42 27335 22.25 57787 16.10
Additional Benchmark (Nifty 50 TRI) 13300 32.80 15184 14.92 23839 18.95 50080 14.69

Fund Manager - Gautam Bhupal Effective 31 Aug 2023. Total Schemes Managed - 13
Fund Manager - Anish Goenka Effective 01 Oct 2023. Total Schemes Managed - 1
Fund Manager - Sonal Gupta Effective 31 Aug 2023. Total Schemes Managed - 26
HSBC Consumption Fund - Regular Plan Inception Date: 31-Aug-23
1 Year 3 Years 5 Years Since Inception
Fund / Benchmark
(Value of ₹10,000 invested) Amount Returns Amount Returns Amount Returns Amount Returns
in ` (%) in ` (%) in ` (%) in ` (%)
HSBC Consumption Fund 15143 51.09 NA NA NA NA 15267 47.70
Scheme Benchmark (Nifty India Consumption TRI) 15315 52.80 NA NA NA NA 15613 50.78
Additional Benchmark (Nifty 50 TRI) 13300 32.80 NA NA NA NA 13566 32.46
HSBC Consumption Fund - Direct Plan Inception Date: 31-Aug-23
HSBC Consumption Fund 15355 53.19 NA NA NA NA 15499 49.76
Scheme Benchmark (Nifty India Consumption TRI) 15315 52.80 NA NA NA NA 15613 50.78
Additional Benchmark (Nifty 50 TRI) 13300 32.80 NA NA NA NA 13566 32.46

Fund Manager - Sonal Gupta Effective 02 Dec 2022. Total Schemes Managed - 26
Fund Manager - Kapil Punjabi Effective 22 Mar 2021. Total Schemes Managed - 17
HSBC Global Equity Climate Change Fund of Fund *
Inception Date: 22-Mar-21
- Regular Plan ~ ~
1 Year 3 Years 5 Years Since Inception
Fund / Benchmark
(Value of ₹10,000 invested) Amount Returns Amount Returns Amount Returns Amount Returns
in ` (%) in ` (%) in ` (%) in ` (%)
HSBC Global Equity Climate Change Fund of Fund 12453 24.39 10403 1.33 NA NA 10734 2.03
Scheme Benchmark (MSCI AC World Index TRI) 13282 32.61 14248 12.51 NA NA 15528 13.28
Additional Benchmark (Nifty 50 TRI) 13300 32.80 15184 14.92 NA NA 18291 18.66
HSBC Global Equity Climate Change Fund of Fund* - Direct Plan ~~ Inception Date: 22-Mar-21
HSBC Global Equity Climate Change Fund of Fund 12534 25.19 10635 2.07 NA NA 11019 2.79
Scheme Benchmark (MSCI AC World Index TRI) 13282 32.61 14248 12.51 NA NA 15528 13.28
Additional Benchmark (Nifty 50 TRI) 13300 32.80 15184 14.92 NA NA 18291 18.66

*Note - Mr. Sonal Gupta shall be dedicated fund manager for investments in foreign securities by all the schemes of HSBC Mutual Fund.
Past performance may or may not be sustained in the future. 70
 Comparative Performance of Equity Schemes

Fund Manager - Sonal Gupta Effective 02 Dec 2022. Total Schemes Managed - 26

HSBC Asia Pacific (Ex Japan) Dividend Yield Fund* ~ ~ Inception Date: 24-Feb-14

1 Year 3 Years 5 Years Since Inception

Fund / Benchmark
(Value of ₹10,000 invested) Amount Returns Amount Returns Amount Returns Amount Returns
in ` (%) in ` (%) in ` (%) in ` (%)
HSBC Asia Pacific (Ex Japan) Dividend Yield Fund 13004 29.85 12381 7.37 15970 9.80 23005 8.17
Scheme Benchmark (MSCI AC Asia Pacific ex Japan TRI) 13040 30.21 11898 5.96 16555 10.60 24349 8.75
Additional Benchmark (Nifty 50 TRI) 13300 32.80 15184 14.92 23839 18.95 47540 15.84
HSBC Asia Pacific (Ex Japan) Dividend Yield Fund* - Direct Plan ~ ~ Inception Date: 24-Feb-14
HSBC Asia Pacific (Ex Japan) Dividend Yield Fund 13052 30.33 12614 8.04 16524 10.55 24756 8.92
Scheme Benchmark (MSCI AC Asia Pacific ex Japan TRI) 13040 30.21 11898 5.96 16555 10.60 24349 8.75
Additional Benchmark (Nifty 50 TRI) 13300 32.80 15184 14.92 23839 18.95 47540 15.84

Fund Manager - Sonal Gupta Effective 02 Dec 2022. Total Schemes Managed - 26

HSBC Brazil Fund* - Regular Plan ~ ~ Inception Date: 06-May-11

1 Year 3 Years 5 Years Since Inception

Fund / Benchmark
(Value of ₹10,000 invested) Amount Returns Amount Returns Amount Returns Amount Returns
in ` (%) in ` (%) in ` (%) in ` (%)
HSBC Brazil Fund 10304 3.02 10921 2.98 8299 -3.66 7110 -2.51
Scheme Benchmark (MSCI Brazil 10/40 Index TRI) 10257 2.56 12896 8.84 11064 2.04 14764 2.95
Additional Benchmark (Nifty 50 TRI) 13300 32.80 15184 14.92 23839 18.95 54891 13.54
HSBC Brazil Fund* - Direct Plan ~ ~ Inception Date: 02-Jan-13
HSBC Brazil Fund 10361 3.59 11147 3.68 8607 -2.95 7725 -2.17
Scheme Benchmark (MSCI Brazil 10/40 Index TRI) 10257 2.56 12896 8.84 11064 2.04 14421 3.16
Additional Benchmark (Nifty 50 TRI) 13300 32.80 15184 14.92 23839 18.95 49725 14.63

Fund Manager - Sonal Gupta Effective 02 Dec 2022. Total Schemes Managed - 26

HSBC Global Emerging Markets Fund* - Regular Plan ~ ~ Inception Date: 17-Mar-08

1 Year 3 Years 5 Years Since Inception

Fund / Benchmark
(Value of ₹10,000 invested) Amount Returns Amount Returns Amount Returns Amount Returns
in ` (%) in ` (%) in ` (%) in ` (%)
HSBC Global Emerging Markets Fund 12292 22.79 10122 0.41 14538 7.76 19843 4.23

Scheme Benchmark (MSCI Emerging Markets Index TRI) 12707 26.90 11420 4.52 15677 9.40 34554 7.78

Additional Benchmark (Nifty 50 TRI) 13300 32.80 15184 14.92 23839 18.95 69903 12.47

HSBC Global Emerging Markets Fund* - Direct Plan ~ ~ Inception Date: 02-Jan-13

HSBC Global Emerging Markets Fund 12378 23.64 10337 1.11 15063 8.53 19089 5.66

Scheme Benchmark (MSCI Emerging Markets Index TRI) 12707 26.90 11420 4.52 15677 9.40 22355 7.09

Additional Benchmark (Nifty 50 TRI) 13300 32.80 15184 14.92 23839 18.95 49725 14.63

Fund Manager - Gautam Bhupal Effective 21 Oct 2015. Total Schemes Managed - 13
Fund Manager - Cheenu Gupta Effective 01 Apr 2024. Total Schemes Managed - 11
HSBC Managed Solutions India – Growth - Regular Plan ~ ~ Inception Date: 30-Apr-14

1 Year 3 Years 5 Years Since Inception

Fund / Benchmark
(Value of ₹10,000 invested) Amount Returns Amount Returns Amount Returns Amount Returns
in ` (%) in ` (%) in ` (%) in ` (%)
HSBC Managed Solutions India – Growth 13297 32.77 15332 15.29 23134 18.24 41131 14.52
Scheme Benchmark (A composite index with 80% weight to
13359 33.38 15379 15.41 23676 18.79 44391 15.37
BSE 200 TRI and 20% weight to CRISIL Composite Bond Index)
Additional Benchmark (Nifty 50 TRI) 13300 32.80 15184 14.92 23839 18.95 43889 15.24

Additional Benchmark (CRISIL 10 Year Gilt Index) 11037 10.31 11702 5.37 13162 5.64 20808 7.28

HSBC Managed Solutions India – Growth - Direct Plan ~ ~ Inception Date: 30-Apr-14

HSBC Managed Solutions India – Growth 13421 33.99 15641 16.06 23768 18.88 42894 14.99
Scheme Benchmark (A composite index with 80% weight to BSE
13359 33.38 15379 15.41 23676 18.79 44391 15.37
200 TRI and 20% weight to CRISIL Composite Bond Index)
Additional Benchmark (Nifty 50 TRI) 13300 32.80 15184 14.92 23839 18.95 43889 15.24

Additional Benchmark (CRISIL 10 Year Gilt Index) 11037 10.31 11702 5.37 13162 5.64 20808 7.28

*Note - Mr. Sonal Gupta shall be dedicated fund manager for investments in foreign securities by all the schemes of HSBC Mutual Fund.
Past performance may or may not be sustained in the future. 71
 Fund Manager - Gautam Bhupal Effective 21 Oct 2015. Total Schemes Managed - 13
Fund Manager - Cheenu Gupta Effective 01 Apr 2024. Total Schemes Managed - 11
HSBC Managed Solutions India – Moderate - Regular Plan ~ ~ Inception Date: 30-Apr-14

1 Year 3 Years 5 Years Since Inception

Fund / Benchmark
(Value of ₹10,000 invested) Amount Returns Amount Returns Amount Returns Amount Returns
in ` (%) in ` (%) in ` (%) in ` (%)
HSBC Managed Solutions India – Moderate 12780 27.63 14505 13.19 20857 15.82 35485 12.91
Scheme Benchmark (CRISIL Hybrid 35+65 - Aggressive Fund
12870 28.52 14671 13.61 21756 16.80 39930 14.20
Index)
Additional Benchmark (Nifty 50 TRI) 13300 32.80 15184 14.92 23839 18.95 43889 15.24

Additional Benchmark (CRISIL 10 Year Gilt Index) 11037 10.31 11702 5.37 13162 5.64 20808 7.28

HSBC Managed Solutions India – Moderate - Direct Plan ~ ~ Inception Date: 30-Apr-14

HSBC Managed Solutions India – Moderate 12914 28.96 14877 14.14 21653 16.69 37398 13.48
Scheme Benchmark (CRISIL Hybrid 35+65 - Aggressive Fund
12870 28.52 14671 13.61 21756 16.80 39930 14.20
Index)
Additional Benchmark (Nifty 50 TRI) 13300 32.80 15184 14.92 23839 18.95 43889 15.24

Additional Benchmark (CRISIL 10 Year Gilt Index) 11037 10.31 11702 5.37 13162 5.64 20808 7.28

Fund Manager - Gautam Bhupal Effective 21 Oct 2015. Total Schemes Managed - 13
Fund Manager - Cheenu Gupta Effective 01 Apr 2024. Total Schemes Managed - 11
HSBC Managed Solutions India – Conservative
Inception Date: 30-Apr-14
- Regular Plan ~ ~
1 Year 3 Years 5 Years Since Inception
Fund / Benchmark
(Value of ₹10,000 invested) Amount Returns Amount Returns Amount Returns Amount Returns
in ` (%) in ` (%) in ` (%) in ` (%)
HSBC Managed Solutions India – Conservative 11117 11.10 11944 6.10 13836 6.70 20765 7.26
Scheme Benchmark (A composite index with 10% weight to BSE 200
11215 12.08 12307 7.16 15055 8.52 25039 9.20
TRI and 90% weight to CRISIL Composite Bond Index)
Additional Benchmark (Nifty 50 TRI) 13300 32.80 15184 14.92 23839 18.95 43889 15.24

Additional Benchmark (CRISIL 10 Year Gilt Index) 11037 10.31 11702 5.37 13162 5.64 20808 7.28

HSBC Managed Solutions India – Conservative - Direct Plan ~ ~ Inception Date: 30-Apr-14

HSBC Managed Solutions India – Conservative 11203 11.96 12221 6.91 14371 7.51 21908 7.81
Scheme Benchmark (A composite index with 10% weight to BSE 200
11215 12.08 12307 7.16 15055 8.52 25039 9.20
TRI and 90% weight to CRISIL Composite Bond Index)
Additional Benchmark (Nifty 50 TRI) 13300 32.80 15184 14.92 23839 18.95 43889 15.24

Additional Benchmark (CRISIL 10 Year Gilt Index) 11037 10.31 11702 5.37 13162 5.64 20808 7.28

Past performance may or may not be sustained in the future. 72

 Comparative Performance of Debt Schemes
Fund Manager - Kapil Punjabi Effective 14 Mar 2014. Total Schemes Managed - 17
Fund Manager - Shriram Ramanathan Effective 26 Nov 2022. Total Schemes Managed - 11
HSBC Liquid Fund
Inception Date: 04-Dec-02
- Regular Plan7 ~ ~ ~
7 Days 15 Days 30 Days 1 Year 3 Years 5 Years Since Inception
Fund / Benchmark
(Value of ₹10,000 invested) Amount Returns Amount Returns Amount Returns Amount Returns Amount Returns Amount Returns Amount Returns
in ` (%) in ` (%) in ` (%) in ` (%) in ` (%) in ` (%) in ` (%)

HSBC Liquid Fund 10012 7.76 10028 7.57 10055 7.14 10734 7.34 11935 6.07 12896 5.22 24897 7.06
Scheme Benchmark (NIFTY
10012 7.29 10027 7.28 10055 7.11 10741 7.41 11971 6.18 12936 5.28 25053 7.11
Liquid Index A-I)
Additional Benchmark
10013 8.51 10032 8.64 10062 8.12 10764 7.64 11855 5.84 13104 5.56 23646 6.64
(CRISIL 1 Year T Bill Index)
HSBC Liquid Fund - Direct
Inception Date: 01-Jan-13
Plan ~ ~ ~
HSBC Liquid Fund 10012 7.86 10028 7.67 10056 7.24 10746 7.44 11969 6.17 12951 5.30 21757 6.84
Scheme Benchmark (NIFTY
10012 7.29 10027 7.28 10055 7.11 10743 7.41 11973 6.18 12940 5.28 21595 6.77
Liquid Index A-I)
Additional Benchmark
10013 8.51 10032 8.64 10062 8.12 10767 7.64 11857 5.84 13108 5.56 20944 6.49
(CRISIL 1 Year T Bill Index)

Fund Manager - Kapil Punjabi Effective 31 Mar 2022. Total Schemes Managed - 17
Fund Manager - Mahesh Chhabria Effective 15 Jul 2023. Total Schemes Managed - 11
HSBC CRISIL IBX 50-50 Gilt Plus Apr 2028 Index Fund - Regular
Inception Date: 31-Mar-22
Plan ~ ~
1 Year 3 Years 5 Years Since Inception
Fund / Benchmark
(Value of ₹10,000 invested) Amount Returns Amount Returns Amount Returns Amount Returns
in ` (%) in ` (%) in ` (%) in ` (%)
HSBC CRISIL IBX 50-50 Gilt Plus Apr 2028 Index Fund 10866 8.61 NA NA NA NA 11689 6.43
Scheme Benchmark (CRISIL IBX 50:50 Gilt Plus SDL Index - April
10914 9.09 NA NA NA NA 11785 6.78
2028)
Additional Benchmark (CRISIL 10 year Gilt Index) 11037 10.31 NA NA NA NA 11835 6.96
HSBC CRISIL IBX 50-50 Gilt Plus Apr 2028 Index Fund - Direct Plan ~ ~ Inception Date: 31-Mar-22
HSBC CRISIL IBX 50-50 Gilt Plus Apr 2028 Index Fund 10888 8.83 NA NA NA NA 11748 6.64
Scheme Benchmark (CRISIL IBX 50:50 Gilt Plus SDL Index - April
10914 9.09 NA NA NA NA 11785 6.78
2028)
Additional Benchmark (CRISIL 10 year Gilt Index) 11037 10.31 NA NA NA NA 11835 6.96

Fund Manager - Kapil Punjabi Effective 23 Mar 2023. Total Schemes Managed - 17
Fund Manager - Mahesh Chhabria Effective 15 Jul 2023. Total Schemes Managed - 11
HSBC CRISIL IBX Gilt June 2027 Index Fund - Regular ~ ~ Inception Date: 23-Mar-23

1 Year 3 Years 5 Years Since Inception

Fund / Benchmark
(Value of ₹10,000 invested) Amount Returns Amount Returns Amount Returns Amount Returns
in ` (%) in ` (%) in ` (%) in ` (%)
HSBC CRISIL IBX Gilt June 2027 IndexFund 10830 8.25 NA NA NA NA 11206 7.75
Scheme Benchmark (CRISIL-IBX Gilt Index - June 2027) 10876 8.71 NA NA NA NA 11270 8.15
Additional Benchmark (CRISIL 10 year Gilt Index) 11037 10.31 NA NA NA NA 11482 9.48
HSBC CRISIL IBX Gilt June 2027 Index Fund - Direct Plan ~ ~ Inception Date: 23-Mar-23
HSBC CRISIL IBX Gilt June 2027 IndexFund 10860 8.55 NA NA NA NA 11254 8.05
Scheme Benchmark (CRISIL-IBX Gilt Index - June 2027) 10876 8.71 NA NA NA NA 11270 8.15
Additional Benchmark (CRISIL 10 year Gilt Index) 11037 10.31 NA NA NA NA 11482 9.48

Fund Manager - Kapil Punjabi Effective 15 Jul 2023. Total Schemes Managed - 17
Fund Manager - Shriram Ramanathan Effective 26 Nov 2022. Total Schemes Managed - 11
HSBC Medium to Long Duration Fund - Regular Plan ~ ~ Inception Date: 10-Dec-02

1 Year 3 Years 5 Years Since Inception

Fund / Benchmark
(Value of ₹10,000 invested) Amount Returns Amount Returns Amount Returns Amount Returns
in ` (%) in ` (%) in ` (%) in ` (%)
HSBC Medium to Long Duration Fund 10860 8.55 11365 4.35 12751 4.97 40169 6.58
Scheme Benchmark (NIFTY Medium to Long Duration Debt
10946 9.40 11795 5.65 14021 6.98 43158 6.93
Index A-III)
Additional Benchmark (CRISIL 10 year Gilt Index) 11037 10.31 11702 5.37 13162 5.64 36471 6.11

HSBC Medium to Long Duration Fund - Direct Plan ~ ~ Inception Date: 07-Jan-13

HSBC Medium to Long Duration Fund 10995 9.89 11734 5.47 13387 6.00 22179 7.02
Scheme Benchmark (NIFTY Medium to Long Duration Debt
10946 9.40 11795 5.65 14021 6.98 23422 7.52
Index A-III)
Additional Benchmark (CRISIL 10 year Gilt Index) 11037 10.31 11702 5.37 13162 5.64 21022 6.53

Past performance may or may not be sustained in the future. 73

 Comparative Performance of Debt Schemes
Fund Manager - Mahesh Chhabria Effective 15 Jul 2023. Total Schemes Managed - 11; Fund Manager - Cheenu Gupta Effective 26 Nov 2022.
Total Schemes Managed - 12; Fund Manager - Abhishek Gupta Effective 01 Apr 2024. Total Schemes Managed - 6; Fund Manager - Kapil
Punjabi Effective 01 May 2024. Total Schemes Managed - 17
HSBC Conservative Hybrid Fund - Regular Plan ~ ~ Inception Date: 24-Feb-04

1 Year 3 Years 5 Years Since Inception

Fund / Benchmark
(Value of ₹10,000 invested) Amount Returns Amount Returns Amount Returns Amount Returns
in ` (%) in ` (%) in ` (%) in ` (%)
HSBC Conservative Hybrid Fund 11794 17.83 12850 8.71 15599 9.29 57056 8.82
Scheme Benchmark (NIFTY 50 Hybrid Composite Debt 15:85 Index) 11254 12.47 12385 7.38 15479 9.12 54127 8.54
Additional Benchmark (CRISIL 10 year Gilt Index) 11037 10.31 11702 5.37 13162 5.64 31741 5.76
HSBC Conservative Hybrid Fund - Direct Plan ~ ~ Inception Date: 11-Jan-13
HSBC Conservative Hybrid Fund 11891 18.80 13199 9.69 16163 10.07 27990 9.17
Scheme Benchmark (NIFTY 50 Hybrid Composite Debt 15:85 Index) 11254 12.47 12385 7.38 15479 9.12 27445 8.99
Additional Benchmark (CRISIL 10 year Gilt Index) 11037 10.31 11702 5.37 13162 5.64 20958 6.51

Fund Manager - Kapil Punjabi Effective 22 May 2019. Total Schemes Managed - 17
Fund Manager - Mahesh Chhabria Effective 26 Nov 2022. Total Schemes Managed - 11
HSBC Overnight Fund - Regular Plan ~ ~ ~ Inception Date: 22-May-19

7 Days 15 Days 30 Days 1 Year 3 Years 5 Years Since Inception

Fund / Benchmark
(Value of ₹10,000 invested) Amount Returns Amount Returns Amount Returns Amount Returns Amount Returns Amount Returns Amount Returns
in ` (%) in ` (%) in ` (%) in ` (%) in ` (%) in ` (%) in ` (%)

HSBC Overnight Fund 10010 6.39 10024 6.46 10049 6.35 10670 6.68 11794 5.65 12577 4.69 12791 4.70
Scheme Benchmark (NIFTY
10010 6.49 10024 6.56 10050 6.45 10683 6.81 11847 5.81 12701 4.89 12955 4.94
1D Rate Index)
Additional Benchmark
10013 8.51 10032 8.64 10062 8.12 10767 7.64 11857 5.84 13108 5.56 13478 5.72
(CRISIL 1 Year T Bill Index)
HSBC Overnight Fund - Direct Plan ~ ~ ~ Inception Date: 22-May-19
HSBC Overnight Fund 10010 6.49 10024 6.56 10050 6.45 10681 6.79 11831 5.76 12679 4.86 12930 4.91
Scheme Benchmark (NIFTY
10010 6.49 10024 6.56 10050 6.45 10683 6.81 11847 5.81 12701 4.89 12955 4.94
1D Rate Index)
Additional Benchmark
10013 8.51 10032 8.64 10062 8.12 10767 7.64 11857 5.84 13108 5.56 13478 5.72
(CRISIL 1 Year T Bill Index)

Fund Manager - Mahesh Chhabria Effective 26 Nov 2022. Total Schemes Managed - 11
Fund Manager - Kapil Punjabi Effective 01 May 2024. Total Schemes Managed - 17
HSBC Ultra Short Duration Fund - Regular Plan ~ ~ ~ Inception Date: 29-Jan-20

1 Year 3 Years 5 Years Since Inception

Fund / Benchmark
(Value of ₹10,000 invested) Amount Returns Amount Returns Amount Returns Amount Returns
in ` (%) in ` (%) in ` (%) in ` (%)
HSBC Ultra Short Duration Fund 10734 7.30 11907 5.99 NA NA 12822 5.46

Scheme Benchmark (NIFTY Ultra Short Duration Debt Index A-I) 10766 7.62 12021 6.32 NA NA 12954 5.69
Additional Benchmark (NIFTY Ultra Short Duration Debt Index) 10797 7.93 12134 6.65 NA NA 13120 5.98
Additional Benchmark (CRISIL 1 Year T Bill Index) 10768 7.64 11857 5.84 NA NA 12850 5.51

HSBC Ultra Short Duration Fund - Direct Plan ~ ~ ~ Inception Date: 29-Jan-20

HSBC Ultra Short Duration Fund 10762 7.58 11994 6.24 NA NA 12966 5.72

Scheme Benchmark (NIFTY Ultra Short Duration Debt Index A-I) 10766 7.62 12021 6.32 NA NA 12954 5.69

Additional Benchmark (NIFTY Ultra Short Duration Debt Index) 10797 7.93 12134 6.65 NA NA 13120 5.98

Additional Benchmark (CRISIL 1 Year T Bill Index) 10768 7.64 11857 5.84 NA NA 12850 5.51

Fund Manager - Mahesh Chhabria Effective 01 May 2024. Total Schemes Managed - 11
Fund Manager - Shriram Ramanathan Effective 02 Feb 2015. Total Schemes Managed - 11
HSBC Dynamic Bond Fund - Regular Plan ~ ~ Inception Date: 27-Sep-10

1 Year 3 Years 5 Years Since Inception

Fund / Benchmark
(Value of ₹10,000 invested) Amount Returns Amount Returns Amount Returns Amount Returns
in ` (%) in ` (%) in ` (%) in ` (%)
HSBC Dynamic Bond Fund 10984 9.78 11790 5.64 13496 6.17 28316 7.71

Scheme Benchmark (NIFTY Composite Debt Index A-III) 10901 8.96 11813 5.71 13955 6.88 28249 7.69
Additional Benchmark (CRISIL 10 year Gilt Index) 11037 10.31 11702 5.37 13162 5.64 24380 6.56
HSBC Dynamic Bond Fund - Direct Plan ~ ~ Inception Date: 01-Jan-13

HSBC Dynamic Bond Fund 11044 10.38 11964 6.15 13824 6.68 25114 8.15

Scheme Benchmark (NIFTY Composite Debt Index A-III) 10901 8.96 11813 5.71 13955 6.88 23889 7.69

Additional Benchmark (CRISIL 10 year Gilt Index) 11037 10.31 11702 5.37 13162 5.64 21178 6.59

Past performance may or may not be sustained in the future. 74

 Comparative Performance of Debt Schemes
Fund Manager - Mahesh Chhabria Effective 26 Nov 2022. Total Schemes Managed - 11
Fund Manager - Mohd Asif Rizwi Effective 01 May 2024. Total Schemes Managed - 5
HSBC Banking and PSU Debt Fund - Regular Plan ~ ~ Inception Date: 12-Sep-12

1 Year 3 Years 5 Years Since Inception

Fund / Benchmark
(Value of ₹10,000 invested) Amount Returns Amount Returns Amount Returns Amount Returns
in ` (%) in ` (%) in ` (%) in ` (%)
HSBC Banking and PSU Debt Fund 10720 7.16 11474 4.68 13278 5.83 22819 7.08
Scheme Benchmark (Nifty Banking and PSU Debt Index A-II) 10772 7.67 11705 5.38 13582 6.31 23847 7.47
Additional Benchmark (CRISIL 10 year Gilt Index) 11037 10.31 11702 5.37 13162 5.64 21991 6.75
HSBC Banking and PSU Debt Fund - Direct Plan ~ ~ Inception Date: 01-Jan-13
HSBC Banking and PSU Debt Fund 10761 7.57 11605 5.08 13536 6.24 23378 7.49
Scheme Benchmark (Nifty Banking and PSU Debt Index A-II) 10772 7.67 11705 5.38 13582 6.31 23189 7.42
Additional Benchmark (CRISIL 10 year Gilt Index) 11037 10.31 11702 5.37 13162 5.64 21178 6.59

Fund Manager - Mohd Asif Rizwi Effective 16 Jan 2024. Total Schemes Managed - 5
Fund Manager - Shriram Ramanathan Effective 26 Nov 2022. Total Schemes Managed - 11
HSBC Low Duration Fund - Regular Plan ~ ~ Inception Date: 04-Dec-10

1 Year 3 Years 5 Years Since Inception

Fund / Benchmark
(Value of ₹10,000 invested) Amount Returns Amount Returns Amount Returns Amount Returns
in ` (%) in ` (%) in ` (%) in ` (%)
HSBC Low Duration Fund 10739 7.35 11849 5.81 13234 5.76 26134 7.19
Scheme Benchmark (NIFTY Low Duration Debt Index A-I) 10751 7.46 11905 5.98 13220 5.74 27118 7.48
Additional Benchmark (CRISIL 1 Year T Bill Index) 10768 7.64 11857 5.84 13108 5.56 24182 6.59
HSBC Low Duration Fund - Direct Plan ~ ~ Inception Date: 01-Jan-13
HSBC Low Duration Fund 10781 7.77 12022 6.32 13803 6.65 23233 7.44
Scheme Benchmark (NIFTY Low Duration Debt Index A-I) 10751 7.46 11905 5.98 13220 5.74 22513 7.15
Additional Benchmark (CRISIL 1 Year T Bill Index) 10768 7.64 11857 5.84 13108 5.56 20944 6.49

Fund Manager - Kapil Punjabi Effective 01 May 2024. Total Schemes Managed - 17
Fund Manager - Shriram Ramanathan Effective 30 Jun 2014. Total Schemes Managed - 11
HSBC Corporate Bond Fund - Regular Plan5 ~ ~ Inception Date: 31-Mar-97

1 Year 3 Years 5 Years Since Inception

Fund / Benchmark
(Value of ₹10,000 invested) Amount Returns Amount Returns Amount Returns Amount Returns
in ` (%) in ` (%) in ` (%) in ` (%)
HSBC Corporate Bond Fund 10814 8.09 11657 5.24 13858 6.74 68800 7.26
Scheme Benchmark (NIFTY Corporate Bond Index A-II) 10770 7.66 11783 5.62 13693 6.48 NA NA
Additional Benchmark (CRISIL 10 year Gilt Index) 11037 10.31 11702 5.37 13162 5.64 NA NA
HSBC Corporate Bond Fund - Direct Plan ~ ~ Inception Date: 01-Jan-13
HSBC Corporate Bond Fund 10851 8.46 11776 5.60 14094 7.10 23832 7.67
Scheme Benchmark (NIFTY Corporate Bond Index A-II) 10770 7.66 11783 5.62 13693 6.48 23582 7.57
Additional Benchmark (CRISIL 10 year Gilt Index) 11037 10.31 11702 5.37 13162 5.64 21178 6.59

Fund Manager - Kapil Punjabi Effective 26 Nov 2022. Total Schemes Managed - 17
Fund Manager - Shriram Ramanathan Effective 21 Mar 2020. Total Schemes Managed - 11
HSBC Money Market Fund - Regular Plan ~ ~ Inception Date: 10-Aug-05

1 Year 3 Years 5 Years Since Inception

Fund / Benchmark
(Value of ₹10,000 invested) Amount Returns Amount Returns Amount Returns Amount Returns
in ` (%) in ` (%) in ` (%) in ` (%)
HSBC Money Market Fund 10738 7.34 11844 5.80 12943 5.29 37439 7.14
Scheme Benchmark (NIFTY Money Market Index A-I) 10759 7.54 11970 6.17 13043 5.45 39138 7.38
Additional Benchmark (CRISIL 1 Year T Bill Index) 10768 7.64 11857 5.84 13108 5.56 31205 6.12
HSBC Money Market Fund - Direct Plan ~ ~ Inception Date: 01-Jan-13
HSBC Money Market Fund 10768 7.63 11976 6.19 13215 5.73 23276 7.45
Scheme Benchmark (NIFTY Money Market Index A-I) 10759 7.54 11970 6.17 13043 5.45 21997 6.94
Additional Benchmark (CRISIL 1 Year T Bill Index) 10768 7.64 11857 5.84 13108 5.56 20944 6.49

Fund Manager - Shriram Ramanathan Effective 24 Nov 2012. Total Schemes Managed - 11
Fund Manager - Kapil Punjabi Effective 26 Nov 2022. Total Schemes Managed - 17
HSBC Credit Risk Fund - Regular Plan ~ ~ Inception Date: 08-Oct-09

1 Year 3 Years 5 Years Since Inception

Fund / Benchmark
(Value of ₹10,000 invested) Amount Returns Amount Returns Amount Returns Amount Returns
in ` (%) in ` (%) in ` (%) in ` (%)
HSBC Credit Risk Fund 10710 7.06 11705 5.38 13079 5.51 27195 6.90
Scheme Benchmark (HSBC_NIFTY Credit Risk Bond Index B-II) 10809 8.05 12391 7.40 14764 8.09 34607 8.64
Additional Benchmark (CRISIL 10 year Gilt Index) 11037 10.31 11702 5.37 13162 5.64 25310 6.39
Past performance may or may not be sustained in the future. 75
 Comparative Performance of Debt Schemes
HSBC Credit Risk Fund - Direct Fund ~ ~ Inception Date: 01-Jan-13
HSBC Credit Risk Fund 10797 7.92 11991 6.23 13639 6.40 22780 7.26
Scheme Benchmark (HSBC_NIFTY Credit Risk Bond Index B-II) 10809 8.05 12391 7.40 14764 8.09 26401 8.61
Additional Benchmark (CRISIL 10 year Gilt Index) 11037 10.31 11702 5.37 13162 5.64 21178 6.59

Fund Manager - Shriram Ramanathan Effective 01 May 2024. Total Schemes Managed - 11
Fund Manager - Mohd Asif Rizwi Effective 15 Jan 2024. Total Schemes Managed - 5
HSBC Short Duration Fund - Regular Plan ~ ~ Inception Date: 27-Dec-11

1 Year 3 Years 5 Years Since Inception

Fund / Benchmark
(Value of ₹10,000 invested) Amount Returns Amount Returns Amount Returns Amount Returns
in ` (%) in ` (%) in ` (%) in ` (%)
HSBC Short Duration Fund 10782 7.77 11668 5.27 13302 5.87 23490 6.92
Scheme Benchmark (NIFTY Short Duration Debt Index A-II) 10783 7.79 11818 5.72 13561 6.27 25761 7.69
Additional Benchmark (CRISIL 10 year Gilt Index) 11037 10.31 11702 5.37 13162 5.64 23416 6.89
HSBC Short Duration Fund - Direct Plan ~ ~ Inception Date: 01-Jan-13
HSBC Short Duration Fund 10834 8.29 11838 5.78 13702 6.50 23862 7.68
Scheme Benchmark (NIFTY Short Duration Debt Index A-II) 10783 7.79 11818 5.72 13561 6.27 23236 7.44
Additional Benchmark (CRISIL 10 year Gilt Index) 11037 10.31 11702 5.37 13162 5.64 21178 6.59

Fund Manager - Mohd Asif Rizwi Effective 01 May 2024. Total Schemes Managed - 5
Fund Manager - Shriram Ramanathan Effective 03 Apr 2017. Total Schemes Managed - 11
HSBC Gilt Fund - Regular Plan6 ~ ~ Inception Date: 29-Mar-00

1 Year 3 Years 5 Years Since Inception

Fund / Benchmark
(Value of ₹10,000 invested) Amount Returns Amount Returns Amount Returns Amount Returns
in ` (%) in ` (%) in ` (%) in ` (%)
HSBC Gilt Fund 10998 9.92 11619 5.12 13213 5.72 63678 7.84
Scheme Benchmark (NIFTY All Duration G-Sec Index) 11121 11.14 12093 6.53 14030 7.00 NA NA
Additional Benchmark (CRISIL 10 year Gilt Index) 11037 10.31 11702 5.37 13162 5.64 NA NA
HSBC Gilt Fund - Direct Plan ~ ~ Inception Date: 01-Jan-13
HSBC Gilt Fund 11133 11.26 12048 6.40 14035 7.01 27188 8.88
Scheme Benchmark (NIFTY All Duration G-Sec Index) 11121 11.14 12093 6.53 14030 7.00 23475 7.53
Additional Benchmark (CRISIL 10 year Gilt Index) 11037 10.31 11702 5.37 13162 5.64 21178 6.59

Fund Manager - Shriram Ramanathan Effective 02 Feb 2015. Total Schemes Managed - 11
Fund Manager - Kapil Punjabi Effective 26 Nov 2022. Total Schemes Managed - 17
HSBC Medium Duration Fund - Regular Plan ~ ~ Inception Date: 02-Feb-15

1 Year 3 Years 5 Years Since Inception

Fund / Benchmark
(Value of ₹10,000 invested) Amount Returns Amount Returns Amount Returns Amount Returns
in ` (%) in ` (%) in ` (%) in ` (%)
HSBC Medium Duration Fund 10840 8.35 11783 5.61 13775 6.61 19216 6.99
Scheme Benchmark (NIFTY Medium Duration Debt Index A-III) 10859 8.54 11679 5.31 14030 7.00 NA NA
Additional Benchmark (CRISIL 10 year Gilt Index) 11037 10.31 11702 5.37 13162 5.64 18387 6.50
HSBC Medium Duration Fund - Direct Plan ~ ~ Inception Date: 02-Feb-15
HSBC Medium Duration Fund 10916 9.11 12061 6.44 14364 7.50 20861 7.90
Scheme Benchmark (NIFTY Medium Duration Debt Index A-III) 10859 8.54 11679 5.31 14030 7.00 NA NA
Additional Benchmark (CRISIL 10 year Gilt Index) 11037 10.31 11702 5.37 13162 5.64 18387 6.50
4
HSBC Large Cap Fund: The launch date of the Nifty 100 TRI is Jan 01, 2003 whereas the inception date of the scheme is Dec 10, 2002. The corresponding benchmark returns since inception of the scheme
not available. (niftyindices.com)
5
HSBC Corporate Bond Fund: The launch date of the NIFTY Corporate Bond Index A-II is Sep 03, 2001 and the same for CRISIL 10 year Gilt Index is September 01, 2001 whereas the inception date of the
scheme is Mar 31, 1997. The corresponding benchmark returns since inception of the scheme not available. (niftyindices.com)
6
HSBC Gilt Fund: The launch date of the NIFTY All Duration G-Sec Index is Sep 03, 2001 and the same for CRISIL 10 year Gilt Index is September 01, 2001 whereas the inception date of the scheme is Mar
29, 2000. The corresponding benchmark returns since inception of the scheme not available. (niftyindices.com)
7
HSBC Liquid Fund: Since there was no continuous NAV history available for the surviving Plan of HSBC Liquid Fund prior to May 19, 2011, returns since the said date have been considered for calculating
Since Inception performance. The inception date of HSBC Liquid Fund however is December 04, 2002.
8
HSBC Midcap Fund: The launch date of the Nifty Midcap 150 TRI is Apr 01, 2005 whereas the inception date of the scheme is Aug 09, 2004. The corresponding benchmark returns since inception of the
scheme not available. (niftyindices.com)
10
HSBC Medium Duration Fund - The launch date of the NIFTY Medium Duration Debt Index A-III Index is Feb 05, 2015 whereas the inception date of the scheme is Feb 02, 2015. The corresponding
benchmark returns since inception of the scheme not available. (niftyindices.com)
Since inception returns are to be provided since the date of allotment of units.
Additional benchmark as per clause 13.3.4 of SEBI Master Circular no. SEBI/HO/IMD/IMD-PoD-1/P/CIR/2024/90 dated June 27, 2024.
IDCW are assumed to be reinvested and Bonus is adjusted.
The performance details provided herein are of Regular as well as Direct Plan - Growth Option. Returns on ₹10,000 are point-to-point returns for the specific time period, invested at the start of the period. The
returns for the respective periods are provided as on last available NAV of September 2024 for the respective schemes. Returns for 1 year and Above are Compounded Annualized. Returns for less than 1
year is Simple Annualized. Load is not taken into consideration for computation of performance. Different plans shall have a different expense structure. The expenses of the Direct Plan under the Scheme will
be lower to the extent of the distribution expenses / commission charged to the Regular Plan. Considering the varying maturities of the close ended schemes, the performance of close-ended schemes is not
provided as it is strictly not comparable with that of open-ended schemes.
&
Post merger performance of the surviving scheme, arising out of merger of schemes with similar features, is computed as per the provisions of Clause 13.4 of SEBI Master Circular No- SEBI/HO/IMD/IMD-PoD-
1/P/CIR/2024/90 dated June 27, 2024 using the weighted average performance of both transferor and transferee schemes. In other cases, performance is computed using the Applicable NAV of the surviving/
continuing schemes. ~~ Face value Rs 10 and ~~~ Face value Rs 1000

Past performance may or may not be sustained in the future. 76

 Income Distribution cum Capital Withdrawal (IDCW) History For HSBC Schemes
Record Date/ Individual / Other Cum IDCW Record Date/ Individual / Other Cum IDCW
Plans/Options HUF NAV Plans/Options HUF NAV
HSBC Arbitrage Fund - Direct Plan - Monthly IDCW HSBC Overnight Fund-Regular Plan - Monthly IDCW
20-Sep-24 0.08 0.08 10.6582 25-Sep-24 5.2292 5.2292 1000.0014
23-Aug-24 0.08 0.08 10.6843 26-Aug-24 5.4728 5.4728 1000.0014
21-Jun-24 0.07 0.07 10.6224 25-Jul-24 5.2461 5.2461 1000.0014
HSBC Arbitrage Fund - Regular Plan - Monthly IDCW HSBC Liquid Fund-Direct Plan - Monthly IDCW
20-Sep-24 0.07 0.07 10.6463 25-Sep-24 5.9781 5.9781 1037.8864
23-Aug-24 0.07 0.07 10.6679 26-Aug-24 6.2967 6.2967 1037.8864
21-Jun-24 0.00 0.00 10.5452 25-Jul-24 6.2266 6.2266 1037.8864
HSBC Arbitrage Fund - Direct Plan - Quarterly IDCW HSBC Liquid Fund-Regular Plan - Monthly IDCW
20-Sep-24 0.25 0.25 11.4457 25-Sep-24 5.6893 5.6893 1002.3019
21-Jun-24 0.25 0.25 11.4927 26-Aug-24 5.9917 5.9917 1002.3019
22-Mar-24 0.21 0.21 11.4599 25-Jul-24 5.9304 5.9304 1002.3019
HSBC Arbitrage Fund - Regular Plan - Quarterly IDCW HSBC Banking and PSU Debt Fund-Direct Plan - Monthly IDCW
20-Sep-24 0.22 0.22 11.2124 25-Sep-24 0.0700 0.0700 11.2798
21-Jun-24 0.22 0.22 11.2520 26-Aug-24 0.0700 0.0700 11.2819
22-Mar-24 0.18 0.18 11.2126 25-Jul-24 0.0700 0.0700 11.2787
HSBC Aggressive Hybrid Fund-Direct Plan - Annual IDCW HSBC Banking and PSU Debt Fund-Regular Plan - Monthly IDCW
26-Feb-24 1.7000 1.7000 19.8621 25-Sep-24 0.0700 0.0700 10.6287
HSBC Aggressive Hybrid Fund-Regular Plan - Annual IDCW 26-Aug-24 0.0700 0.0700 10.6380
26-Feb-24 1.5000 1.5000 17.8919 25-Jul-24 0.0700 0.0700 10.6425
HSBC Aggressive Hybrid Fund-Direct Plan - IDCW HSBC Corporate Bond Fund - Direct Plan - Monthly IDCW
25-Sep-24 0.2400 0.2400 36.7746 21-Nov-22 0.0638 0.0638 10.1828
26-Aug-24 0.2400 0.2400 36.2348 21-Nov-22 0.0638 0.0638 10.1828
25-Jul-24 0.2400 0.2400 35.6692 25-Oct-22 0.0404 0.0404 10.1594
HSBC Aggressive Hybrid Fund-Regular Plan - IDCW HSBC Corporate Bond Fund - Regular Plan - Monthly IDCW
25-Sep-24 0.2100 0.2100 31.3164 21-Nov-22 0.0600 0.0600 10.1015
26-Aug-24 0.2100 0.2100 30.8885 25-Aug-22 0.0214 0.0214 10.0354
25-Jul-24 0.2100 0.2100 30.4393 25-Mar-22 0.0196 0.0196 10.0521
HSBC Balanced Advantage Fund-Direct Plan - IDCW HSBC Corporate Bond Fund - Direct Plan - Quarterly IDCW
25-Sep-24 0.1500 0.1500 24.3081 25-Sep-24 0.2200 0.2200 11.5434
26-Aug-24 0.1500 0.1500 24.1177 25-Jun-24 0.2200 0.2200 11.4645
25-Jul-24 0.1500 0.1500 23.8717 26-Mar-24 0.2200 0.2200 11.4799
HSBC Balanced Advantage Fund-Regular Plan - IDCW HSBC Corporate Bond Fund - Regular Plan - Quarterly IDCW
25-Sep-24 0.1300 0.1300 20.7444 25-Sep-24 0.2100 0.2100 11.1560
26-Aug-24 0.1300 0.1300 20.6064 25-Jun-24 0.2100 0.2100 11.0865
25-Jul-24 0.1300 0.1300 20.4219 26-Mar-24 0.2100 0.2100 11.1078
HSBC Equity Savings Fund-Direct Plan - Quarterly IDCW HSBC Corporate Bond Fund 54EA - Quarterly IDCW
25-Sep-24 0.3300 0.3300 18.8847 25-Sep-24 0.2100 0.2100 11.1560
25-Jun-24 0.3300 0.3300 18.3479 25-Jun-24 0.2100 0.2100 11.0865
26-Mar-24 0.3200 0.3200 16.7968 26-Mar-24 0.2100 0.2100 11.1078
HSBC Equity Savings Fund-Regular Plan - Quarterly IDCW HSBC Corporate Bond Fund 54EB - Quarterly IDCW
25-Sep-24 0.3000 0.3000 17.2342 25-Sep-24 0.2100 0.2100 11.1560
25-Jun-24 0.3000 0.3000 16.7805 25-Jun-24 0.2100 0.2100 11.0865
26-Mar-24 0.2900 0.2900 15.3931
26-Mar-24 0.2100 0.2100 11.1078
HSBC Equity Savings Fund-Direct Plan - Monthly IDCW
HSBC Corporate Bond Fund - Direct Plan- Semi Annual IDCW
25-Sep-24 0.1100 0.1100 18.0266
26-Aug-24 0.1100 0.1100 17.8271 25-Sep-24 0.7800 0.7800 20.5976
25-Jul-24 0.1100 0.1100 17.6178 26-Mar-24 0.7800 0.7800 20.4858
HSBC Equity Savings Fund-Regular Plan - Monthly IDCW 25-Sep-23 0.6500 0.6500 20.4168
25-Sep-24 0.0950 0.0950 16.0359 HSBC Corporate Bond Fund - Regular Plan- Semi Annual IDCW
26-Aug-24 0.1200 0.1200 15.8925 25-Sep-24 0.6500 0.6500 17.2586
25-Jul-24 0.0301 0.0301 15.6507 26-Mar-24 0.6500 0.6500 17.1895
HSBC Business Cycles Fund -Direct Plan - Monthly IDCW 25-Sep-23 0.6000 0.6000 17.2145
26-Aug-24 2.5000 2.5000 31.8167
HSBC Corporate Bond Fund - Direct Plan - Annual IDCW
25-Aug-23 1.2500 1.2500 21.7422
26-Mar-24 0.9500 0.9500 12.5673
22-Jul-22 1.2000 1.2000 18.5470
HSBC Business Cycles Fund -Regular Plan - Monthly IDCW HSBC Corporate Bond Fund - Regular Plan - Annual IDCW
26-Aug-24 2.5000 2.5000 29.6532 26-Mar-24 0.9300 0.9300 12.3461
25-Aug-23 1.2000 1.2000 20.5047 HSBC Credit Risk Fund -Direct Plan - IDCW
22-Jul-22 1.1000 1.1000 17.6530 25-Sep-24 0.08 0.08 11.1279
HSBC Value Fund - Direct Plan -IDCW 26-Aug-24 0.08 0.08 11.1243
25-Jan-24 4.5000 4.5000 59.7744 25-Jul-24 0.075 0.075 11.1124
25-Jan-23 3.5000 3.5000 44.8922
HSBC Credit Risk Fund -Regular Plan - IDCW
24-Jun-22 2.0000 2.0000 39.0840
25-Sep-24 0.075 0.075 10.2574
HSBC Value Fund - Regular Plan -IDCW
25-Jan-24 4.5000 4.5000 49.7006 26-Aug-24 0.075 0.075 10.2622
25-Jan-23 3.5000 3.5000 38.2523 25-Jul-24 0.07 0.07 10.2593
24-Jun-22 1.7500 1.7500 33.5300 HSBC Credit Risk Fund -Direct Plan - Annual IDCW
HSBC Overnight Fund-Direct Plan - Monthly IDCW 26-Mar-24 1.05 1.05 13.1627
25-Sep-24 5.3126 5.3126 1000.0014 HSBC Credit Risk Fund -Regular Plan - Annual IDCW
26-Aug-24 5.5618 5.5618 1000.0014 26-Mar-24 1 1 12.353
25-Jul-24 5.3299 5.3299 1000.0014

77
 Income Distribution cum Capital Withdrawal (IDCW) History For HSBC Schemes
Record Date/ Individual / Other Cum IDCW Record Date/ Individual / Other Cum IDCW
Plans/Options HUF NAV Plans/Options HUF NAV
HSBC Gilt Fund-Direct Plan - Quarterly IDCW HSBC ELSS Tax saver Fund-Regular Plan - IDCW
25-Sep-24 0.2300 0.2300 12.9522 26-Mar-24 2.0000 2.0000 27.0898
25-Jun-24 0.2300 0.2300 12.7422 28-Nov-23 2.0000 2.0000 25.9282
26-Mar-24 0.2300 0.2300 12.6398 27-Mar-23 2.0000 2.0000 23.0259
HSBC Gilt Fund-Regular Plan - Quarterly IDCW HSBC Midcap Fund-Direct Plan - IDCW
25-Sep-24 0.2000 0.2000 11.3021 26-Aug-24 7.5000 7.5000 98.1336
25-Jun-24 0.2000 0.2000 11.1517 25-Aug-23 5.5000 5.5000 66.1069
26-Mar-24 0.2000 0.2000 11.0940 26-Aug-22 4.2500 4.2500 59.6000
HSBC Ultra Short Duration Fund -Direct Plan - IDCW HSBC Midcap Fund-Regular Plan - IDCW
25-Sep-24 5.7920 5.7920 1017.1742 26-Aug-24 7.5000 7.5000 87.5336
26-Aug-24 6.2489 6.2489 1017.6311 25-Aug-23 5.0000 5.0000 59.6460
25-Jul-24 6.4845 6.4845 1017.8667 26-Aug-22 3.7500 3.7500 54.2400
HSBC Ultra Short Duration Fund -Regular Plan - IDCW HSBC Small Cap Fund-Direct Plan - IDCW
25-Sep-24 5.6556 5.6556 1032.6389 27-May-24 4.0000 4.0000 51.9606
26-Aug-24 6.1097 6.1097 1033.0930 25-May-23 3.0000 3.0000 36.9292
25-Jul-24 6.3635 6.3635 1033.3468 21-Oct-22 2.0000 2.0000 35.4780
HSBC Short Duration Fund-Direct Plan - Monthly IDCW HSBC Small Cap Fund-Regular Plan - IDCW
25-Sep-24 0.0935 0.0935 11.8092 27-May-24 4.0000 4.0000 46.1767
26-Aug-24 0.0918 0.0918 11.8075 25-May-23 3.0000 3.0000 33.4612
25-Jul-24 0.0986 0.0986 11.8143 21-Oct-22 1.8500 1.8500 32.3730
HSBC Short Duration Fund-Regular Plan - Monthly IDCW HSBC Medium to Long Duration Fund- Direct Plan - Quarterly IDCW
25-Sep-24 0.0837 0.0837 11.1305 25-Sep-24 0.1950 0.1950 10.9191
26-Aug-24 0.0819 0.0819 11.1287 25-Jun-24 0.1950 0.1950 10.7767
25-Jul-24 0.0886 0.0886 11.1354 26-Mar-24 0.1950 0.1950 10.7304
HSBC Short Duration Fund-Direct Plan - Quarterly IDCW HSBC Medium to Long Duration Fund- Regular Plan - Quarterly IDCW
25-Sep-24 0.2200 0.2200 11.5194 25-Sep-24 0.1900 0.1900 10.9749
25-Jun-24 0.2200 0.2200 11.4649 25-Jun-24 0.1500 0.1500 10.8189
26-Mar-24 0.2200 0.2200 11.4678 26-Mar-24 0.1850 0.1850 10.7943
HSBC Short Duration Fund-Regular Plan - Quarterly IDCW HSBC Money Market Fund - Direct Plan - Monthly IDCW
25-Sep-24 0.2000 0.2000 10.6868 25-Sep-24 0.0704 0.0704 12.2595
25-Jun-24 0.2000 0.2000 10.6448 26-Aug-24 0.0752 0.0752 12.2643
26-Mar-24 0.2000 0.2000 10.6557 25-Jul-24 0.0783 0.0783 12.2674
HSBC Short Duration Fund-Direct Plan - Annual IDCW HSBC Money Market Fund - Regular Plan - Monthly IDCW
26-Mar-24 1.0000 1.0000 13.0801 25-Sep-24 0.0648 0.0648 11.6045
HSBC Short Duration Fund-Regular Plan - Annual IDCW 26-Aug-24 0.0692 0.0692 11.6089
26-Mar-24 0.9500 0.9500 12.5516 25-Jul-24 0.0722 0.0722 11.6119
HSBC Low Duration Fund-Direct Plan - Monthly IDCW HSBC Conservative Hybrid Fund -Direct Plan - Monthly IDCW
25-Sep-24 0.06670686 0.06670686 11.1166 25-Sep-24 0.1100 0.1100 18.2540
26-Aug-24 0.07155238 0.07155238 11.1215 26-Aug-24 0.1100 0.1100 18.1254
25-Jul-24 0.07288699 0.07288699 11.1228 25-Jul-24 0.1100 0.1100 17.9900
HSBC Low Duration Fund-Regular Plan - Monthly IDCW HSBC Conservative Hybrid Fund -Regular - Monthly IDCW
25-Sep-24 0.05908558 0.05908558 10.399 25-Sep-24 0.0850 0.0850 13.8167
26-Aug-24 0.0634196 0.0634196 10.4033 26-Aug-24 0.0850 0.0850 13.7304
25-Jul-24 0.0648666 0.0648666 10.4048 25-Jul-24 0.0850 0.0850 13.6393
HSBC Low Duration Fund-Direct Plan - Annual IDCW HSBC Conservative Hybrid Fund -Regular - Quarterly IDCW
26-Mar-24 0.91 0.91 11.327 25-Sep-24 0.3200 0.3200 18.3505
HSBC Low Duration Fund-Regular Plan - Annual IDCW
25-Jun-24 0.3200 0.3200 18.0331
26-Mar-24 0.85 0.85 10.9226
26-Mar-24 0.3200 0.3200 17.0660
HSBC Medium Duration Fund-Direct Plan - Monthly IDCW
25-Sep-24 0.0750 0.0750 11.6222 HSBC Conservative Hybrid Fund -Direct- Quarterly IDCW
26-Aug-24 0.0750 0.0750 11.5856 25-Sep-24 0.2700 0.2700 15.9560
25-Jul-24 0.0750 0.0750 11.5624 25-Jun-24 0.2800 0.2800 15.6496
HSBC Medium Duration Fund-Regular Plan - Monthly IDCW 26-Mar-24 0.2800 0.2800 14.7842
25-Sep-24 0.0700 0.0700 10.6392
HSBC Dynamic Bond Fund - Direct Monthly IDCW
26-Aug-24 0.0700 0.0700 10.6131
25-Sep-24 0.18249691 0.18249691 12.8892
25-Jul-24 0.0700 0.0700 10.5997
26-Aug-24 0.14670369 0.14670369 12.8534
HSBC Medium Duration Fund-Direct Plan - Annual IDCW
26-Mar-24 1.0000 1.0000 12.5135 25-Jul-24 0.09863777 0.09863777 12.8053
HSBC Medium Duration Fund-Regular Plan - Annual IDCW HSBC Dynamic Bond Fund - Regular Monthly IDCW
26-Mar-24 0.9200 0.9200 11.5445 25-Sep-24 0.14808569 0.14808569 10.8179
HSBC ELSS Tax saver Fund-Direct Plan - IDCW 26-Aug-24 0.11769665 0.11769665 10.7875
26-Mar-24 2.5000 2.5000 38.4406
25-Jul-24 0.07770261 0.07770261 10.7475
28-Nov-23 2.0000 2.0000 35.8730
27-Mar-23 2.0000 2.0000 30.9218

78
 Income Distribution cum Capital Withdrawal (IDCW) History For HSBC Schemes
Record Date/ Individual / Other Cum IDCW Record Date/ Individual / Other Cum IDCW
Plans/Options HUF NAV Plans/Options HUF NAV
HSBC Dynamic Bond Fund - Direct Annual IDCW HSBC Infrastructure Fund- Regular - IDCW
26-Mar-24 0.86 0.86 11.6878 25-Sep-24 3.2500 3.2500 44.1975
HSBC Dynamic Bond Fund - Regular Annual IDCW 25-Sep-23 2.2500 2.2500 30.3492
26-Mar-24 0.82 0.82 11.1008 23-Sep-22 2.0000 2.0000 25.0800
HSBC Asia Pacific (Ex Japan) Div Yield Fund - Direct IDCW HSBC Infrastructure Fund- Direct- IDCW
26-Feb-24 1.5 1.5 17.1023 25-Sep-24 3.7500 3.7500 49.0963
27-Feb-23 1.5 1.5 17.5205 25-Sep-23 2.5000 2.5000 33.3907
28-Feb-22 1.5 1.5 19.9776 23-Sep-22 2.2500 2.2500 27.3700
HSBC Asia Pacific (Ex Japan) Div Yield Fund - Regular IDCW HSBC Global Emerging Markets Fund- Regular - IDCW
26-Feb-24 1.5 1.5 17.2531 26-Mar-24 1.2000 1.2000 15.6196
27-Feb-23 1.5 1.5 17.7537 25-Mar-22 1.2500 1.2500 17.5630
HSBC Large Cap Fund- Regular - IDCW 27-Jun-14 0.5000 0.5000 11.5335
26-Dec-23 4.00 4.00 45.8939 HSBC Global Emerging Markets Fund- Direct - IDCW
26-Dec-22 3.50 3.50 40.8544 25-Mar-22 1.3500 1.3500 18.7673
26-Dec-19 1.99 1.99 30.9007 27-Jun-14 0.5000 0.5000 11.6656
HSBC Large Cap Fund- Direct - IDCW HSBC Large & Mid Cap Fund - Direct - IDCW
26-Dec-23 4.00 4.00 43.1665 26-Mar-24 1.9000 1.9000 21.2989
26-Dec-22 3.50 3.50 38.2999 27-Mar-23 1.3000 1.3000 15.9049
27-Dec-21 3.00 3.00 40.1739 HSBC Large & Mid Cap Fund - Regular - IDCW
HSBC Flexi Cap Fund - Regular-IDCW 26-Mar-24 1.7500 1.7500 19.6820
26-Feb-24 3.75 3.75 45.1527 27-Mar-23 1.3000 1.3000 14.9360
27-Feb-23 3.00 3.00 34.2231 HSBC Managed Solution India - Conservative - Regular IDCW
HSBC Focused Fund - Regular IDCW 25-Apr-24 1.5000 1.5000 18.2343
25-Jul-24 1.50 1.50 20.1265 25-Apr-23 1.3000 1.3000 18.1105
25-Jul-23 1.00 1.00 15.9699 HSBC Managed Solutions India - Growth - Direct IDCW
25-Jul-22 1.00 1.00 14.3455 25-Apr-24 3.0000 3.0000 34.4987
HSBC Focused Fund - Direct IDCW 25-Apr-23 2.2500 2.2500 27.8948
25-Jul-22 1.04 1.04 14.8246 HSBC Managed Solutions India - Growth - Regular IDCW
26-Jul-21 0.66 0.66 14.7497 25-Apr-24 3.0000 3.0000 33.1281
HSBC Tax Saver Equity Fund- Regular - IDCW 25-Apr-23 2.2500 2.2500 27.1032
25-Jan-23 2.2500 2.2500 26.4915 HSBC Managed Solutions India - Moderate - Direct IDCW
25-Jan-21 0.5000 0.5000 22.1700 25-Apr-23 0.6500 0.6500 15.1241
27-Jan-20 1.5495 1.5495 21.5978 18-Apr-22 1.0000 1.0000 15.5392
HSBC Tax Saver Equity Fund- Direct - IDCW HSBC Managed Solutions India - Moderate - Regular IDCW
25-Jan-23 2.2500 2.2500 28.4860 25-Apr-24 2.5000 2.5000 29.7537
25-Jan-22 1.1000 1.1000 29.7935 25-Apr-23 1.5000 1.5000 24.8536
25-Jan-21 0.7500 0.7500 23.5890

Pursuant to payment of IDCW, NAV per unit of the IDCW options of the aforesaid schemes will fall to the extent of the payout and statutory levy (if applicable).

Please note that the IDCW rates mentioned are post applicable dividend distribution tax deduction.
Investors do look out for the IDCW history for funds prior to investing
Past performance of the aforesaid schemes may or may not be sustained in future.

Minimum Application Amount (SIP)##

Minimum Application Amount (SIP) for all schemes (Effective from August 30, 2024):

Frequency Minimum Installment Amount Minimum number of Installments SIP Dates

HSBC ELSS Tax
Equity and Debt and Fund HSBC ELSS Tax Saver
Saver Fund and Equity and Hybrid Debt and Fund of Funds
Hybrid of Funds (FoF) Fund and HSBC Tax
HSBC Tax Saver Schemes# (FoF) Schemes#
Schemes# Schemes# Saver Equity Fund*
Equity Fund*
Minimum 6 installments subject Minimum 6 installments subject Minimum 6 installments subject Any
Weekly Rs 500/- Rs 500/- Rs 500/- to aggregate of Rs. 6000/- to aggregate of Rs. 6000/- to aggregate of Rs. 3000/- Dates
Minimum 6 installments subject Minimum 6 installments subject Minimum 6 installments subject
Monthly Rs 500/- Rs 1000/- Rs 500/- to aggregate of Rs. 6000/- to aggregate of Rs. 6000/- to aggregate of Rs. 3000/-
Minimum 4 installments subject Minimum 4 installments subject Minimum 6 installments subject
Quaterly Rs 1500/- Rs 1500/- Rs 500/- to aggregate of Rs. 6000/- to aggregate of Rs. 6000/- to aggregate of Rs. 3000/-
#
In multiples of Re. 1/- *In multiples of Rs. 500/-
As per ELSS guidelines, a mutual fund can have only one open-ended ELSS scheme. In view of the said restriction, subscription into HSBC Tax saver Equity Fund has been closed from business hours on
November 25, 2022. Hence, no SIP, STP or switch into HSBC Tax saver Equity Fund is allowed from the close of business hours on November 25, 2022. However, the unitholders will be allowed to hold their
existing investments, except that no further investments / subscription would be accepted. Unitholders will be permitted to redeem / switch out their units post the mandatory lock-in period.
The above amendment in minimum SIP amount, number of installments and aggregate amount for SIP shall be applicable only for prospective investors from the Effective Date.

79
 Product Labelling
Scheme name and Type of scheme This product is suitable for investors who are seeking#

*Riskometer of the Scheme Riskometer of the Benchmark

Modera Modera
derate t
High ely derate t
High ely
Mo Mo
to e Hi to e Hi
w rat w rat
e e

gh
M Lo
gh
M Lo

od
od

Very
Very

Low

Hi gh
Low

High

VERY VERY
LOW LOW
HIGH HIGH
Investors understand that their principal
will be at Very High risk

HSBC Large Cap Fund (Erstwhile HSBC Large Cap Equity Fund) (Large Cap Fund) - An open ended equity scheme predominantly investing in large cap stocks.
• To create wealth over long term • Investment in predominantly large cap equity and equity related securities (Benchmark: NIFTY 100 TRI)
HSBC Flexi Cap Fund (Flexi Cap Fund) - An open ended dynamic equity scheme investing across large cap, mid cap, small cap stocks. • To create wealth over long term
• Investment in equity and equity related securities across market capitalizations (Benchmark: NIFTY 500 TRI)
HSBC Small Cap Fund (Erstwhile L&T Emerging Businesses Fund) (Small Cap Fund) - An open ended equity scheme predominantly investing in small cap stocks
• Long term capital appreciation • IInvestment predominantly in equity and equity-related securities, including equity derivatives in Indian markets with key theme focus being emerging companies
(small cap stocks); and foreign securities (Benchmark: NIFTY Small Cap 250 TRI)
HSBC Infrastructure Fund (Erstwhile L&T Infrastructure Fund) (Thematic Fund) - An open-ended Equity Scheme following Infrastructure theme. • To create wealth over long term • Investment in
equity and equity related securities, primarily in themes that play an important role in India’s economic development (Benchmark: NIFTY Infrastructure TRI)
HSBC Large and Mid Cap Fund (Erstwhile HSBC Large & Mid Cap Equity Fund) (Large & Mid Cap Fund) - An open ended equity scheme investing in both large cap and mid cap stocks. • Long
term wealth creation and income • Investment predominantly in equity and equity related securities of Large and Mid cap companies (Benchmark: NIFTY Large Midcap 250 TRI)
HSBC Midcap Fund (Erstwhile L&T Midcap Fund) (Midcap Fund) - An open ended equity scheme predominantly investing in mid cap stocks. • Long term wealth creation
• Investment in equity and equity related securities of mid cap companies (Benchmark: NIFTY Midcap 150 TRI)
HSBC Focused Fund (Erstwhile HSBC Focused Equity Fund) (Focused Fund) - An open ended equity scheme investing in maximum 30 stocks across market caps (i.e. Multi-Cap). • Long term
wealth creation • Investment in equity and equity related securities across market capitalization in maximum 30 stocks (Benchmark: NIFTY 500 TRI)
HSBC Business Cycles Fund (Erstwhile L&T Business Cycles Fund) (Thematic Fund) - An open ended equity scheme following business cycles based investing theme.
• Long term capital appreciation • Investment predominantly in equity and equity-related securities, including equity derivatives in Indian markets with focus on riding business cycles through
dynamic allocation between various sectors and stocks at different stages of business cycles in the economy
(Benchmark: NIFTY 500 TRI)
HSBC Multi Cap Fund - (Multicap Fund) - An open ended equity scheme investing across large cap, mid cap, small cap stocks. • To create wealth over long term • Investment predominantly in
equity and equity related securities across market capitalisation. Benchmark: NIFTY 500 Multicap 50:25:25 TRI
HSBC Value Fund (Erstwhile L&T India Value Fund) (Value Fund) - An open ended equity scheme following a value investment strategy. • Long term capital appreciation
• Investment predominantly in equity and equity-related securities in Indian markets and foreign securities with higher focus on undervalued securities (Benchmark: NIFTY 500 TRI)
HSBC ELSS Tax saver Fund (Erstwhile L&T Tax Advantage Fund) (Equity Linked Savings Scheme) - An open ended equity linked saving scheme with a statutory lock in of 3 years and tax benefit •
Long term capital growth • Investment predominantly in equity and equity-related securities (Benchmark: NIFTY 500 TRI)
HSBC Nifty 50 Index Fund (Erstwhile L&T Nifty 50 Index) (Index Fund) - An open-ended Equity Scheme tracking Nifty 50 Index • Long term wealth creation
• Investment in equity securities covered by the NIFTY 50 (Benchmark: NIFTY 50 Index TRI)
HSBC Nifty Next 50 Index Fund (Erstwhile L&T Nifty Next 50 Index) (Index Fund) - An open-ended Equity Scheme tracking Nifty Next 50 Index • Long term capital appreciation • Investment in
equity securities covered by the NIFTY NEXT 50 (Benchmark: NIFTY Next 50 Index TRI)
HSBC Tax Saver Equity Fund (Equity Linked Savings Scheme) - An open ended equity linked saving scheme with a statutory lock in of 3 years and tax benefit
• To create wealth over long term • Investment in equity and equity related securities with no capitalisation bias (Benchmark: NIFTY 500 TRI)
HSBC Asia Pacific (Ex Japan) Dividend Yield Fund (Fund of Funds (Overseas)) - An Open Ended Fund of Funds Scheme investing in HSBC Global Investments Fund - (HGIF) Asia Pacific Ex Japan
Equity High Dividend Fund • To create wealth over long-term • Investment in equity and equity related securities of Asia Pacific countries (excluding Japan) through fund of funds route (Benchmark:
MSCI AC Asia Pacific ex Japan TRI)
HSBC Brazil Fund (Fund of Funds (Overseas)) - An Open-Ended Fund of Funds Scheme investing in HSBC Global Investments Fund - (HGIF) Brazil Equity Fund.
• To create wealth over long term • Invests in equity and equity related securities through feeder route in Brazilian markets (Benchmark: MSCI Brazil 10/40 Index TRI)
HSBC Global Emerging Markets Fund (Fund of Funds (Overseas)) - An open-ended fund of fund scheme investing in HSBC Global Investment Funds - Global Emerging Markets Equity Fund • To
create wealth over long term • Investment predominantly in units of HSBC Global Investment Funds - Global Emerging Markets Equity Fund (Benchmark: MSCI Emerging Markets Index TRI)
HSBC Global Equity Climate Change Fund of Fund (Fund of Funds (Overseas)) - An open ended fund of fund scheme investing in HSBC Global Investment Funds – Global Equity Climate Change •
To create wealth over long term. • Investment predominantly in companies positioned to benefit from climate change through fund of funds route (Benchmark: MSCI AC World TRI)
HSBC Consumption Fund (Thematic Fund) - An open ended equity scheme following consumption theme. • To create wealth over long-term • Investment predominantly in equity and equity related
securities of companies engaged in or expected to benefit from consumption and consumption related activities (Benchmark: Nifty India Consumption Index TRI)
HSBC India Export Opportunities Fund (Thematic Fund) - An open ended equity scheme following export theme • To create wealth over long term • Investment predominantly in equity and equity
related securities of companies engaged in or expected to benefit from export of goods or services (Benchmark: Nifty 500 TRI)

BSE 200 TRI NIFTY Short Duration Debt Index

Modera
Mo
derate
Modera
t
High ely Mo
derate High tely HSBC Multi Asset Allocation Fund (Multi Asset Allocation) - An open ended scheme
to e to
w rat
e
Hi
w rate
e
Hi
investing in Equity & Equity Related instruments, Debt & Money Market Securities and
Mo Lo

gh
gh
M Lo

d
od

Gold / Silver ETFs.

*Riskometer of the Scheme • Long term wealth creation. • Investment in equity and equity related securities, fixed
Very
Very

Low

High
Low

High

derate
Modera
t
High ely VERY VERY income instruments and Gold / Silver ETFs (Benchmark: BSE 200 TRI (65%) + NIFTY
Mo LOW
HIGH
LOW
HIGH
to e
w rat
Hi Short Duration Debt Index (20%) +Domestic Price of Gold (10%)+Domestic Price of
e
Silver (5%))
gh
M Lo
od

Domestic price of gold Domestic price of silver

Riskometer for HSBC Multi Asset Allocation Fund is as on September 30, 2024.
Very
Low

High

Modera Modera
derate High tely derate t
High ely
Mo Mo
to Hi to e Hi
VERY w rate w rat
LOW e e
gh
M Lo
Mo Lo

gh

HIGH
od
d

Investors understand that their principal

Very

Very
Low

Low

High
High

will be at Very High risk

VERY VERY
LOW LOW
HIGH HIGH

*Riskometer of the Scheme Riskometer of the Benchmark

derate
Modera
t derate
Modera HSBC Equity Savings Fund (Erstwhile L&T Equity Savings Fund) (Equity Savings Fund) - An open ended
Mo High ely Mo High tely
to e Hi to Hi scheme investing in equity, arbitrage and debt.
w rat w rate
e e • Generation of regular income by predominantly investing in arbitrage opportunities in the cash and derivatives
M Lo

gh

Mo Lo

gh
od

segment and long–term capital appreciation through unhedged exposure to equity and equity related
Very

Very
Low

High

Low

instruments. • Investment in equity and equity related instruments, derivatives and debt and money market
High

VERY VERY
instruments (Benchmark: NIFTY Equity Savings Index)
LOW LOW
HIGH HIGH
Investors understand that their principal
will be at Moderately High risk

*Riskometer of the Scheme Riskometer of the Benchmark HSBC Overnight Fund (Overnight fund) - An open ended debt scheme investing in overnight securities. Relatively Low
derate
Modera
t
Modera interest rate risk and relatively Low credit risk. • Income over short term and high liquidity • The scheme primarily
High ely derate t
High ely
Mo Mo
to H to H invests in Debt, Money Market instruments, Cash and Cash equivalents (including Repo) with overnight maturity /
w rate i w rate i
e e maturing on or before next business day. (Benchmark: NIFTY 1D Rate Index)
gh
M Lo

M Lo

gh
od

od

HSBC Arbitrage Fund (Erstwhile L&T Arbitrage Opportunities Fund) (Arbitrage Fund) - An open ended scheme
Very

Very
Low

High

Low

High

investing in arbitrage opportunities. • Generation of reasonable returns over short to medium term • Investment
LOW
VERY
LOW
VERY predominantly in arbitrage opportunities in the cash and derivatives segments of the equity markets; and debt and
HIGH HIGH
money market instrument. (Benchmark: Nifty 50 Arbitrage Index)
Investors understand that their principal
will be at Low risk 80
 Product Labelling
Scheme name and Type of scheme This product is suitable for investors who are seeking#

*Riskometer of the Scheme Riskometer of the Benchmark

Modera Modera
derate t
High ely derate t
High ely
Mo Mo
to Hi to Hi
w rate w rate
e e

M Lo

gh
M Lo

gh

od
od

Very
Very

Low

High
High
Low

VERY VERY
LOW LOW
HIGH HIGH
Investors understand that their principal
will be at Moderate risk

HSBC Dynamic Bond Fund (Erstwhile L&T Flexi Bond Fund) (Dynamic Bond Fund) - An open ended dynamic debt scheme investing across duration. A relatively high interest rate risk and relatively
low credit risk. • Generation of reasonable returns over medium to long term • The Scheme invests across all classes of fixed income instruments with no cap or floor on maturity, duration or
instrument type concentrations. This makes the scheme different from other existing open – ended income/debt schemes of the Fund. (Benchmark: NIFTY Composite Debt Index A-III)
HSBC Corporate Bond Fund (Erstwhile L&T Triple Ace Bond Fund) (Corporate Bond Fund) - An open ended debt scheme predominantly investing in AA+ and above rated corporate bonds. A
relatively high interest rate risk and relatively low credit risk. • Generation of regular and stable income over medium to long term • The Scheme will invest predominantly in corporate debt securities
rated AA+ and above. (Benchmark: NIFTY Corporate Bond Index A-II)
HSBC Gilt Fund (Erstwhile L&T Gilt Fund) (Gilt Fund) - An open ended debt scheme investing in government securities across maturity. A relatively high interest rate risk and relatively low credit risk.
• Generation of returns over medium to long term • The Scheme as per the asset allocation pattern has to invest a minimum of 80% in Government Securities and Treasury bills. (Benchmark: NIFTY All
Duration G-Sec Index)
HSBC Medium to Long Duration Fund (Erstwhile HSBC Debt Fund) (Medium to Long Duration Fund) - An open ended medium to long term debt scheme investing in instruments such that the
Macaulay duration of the portfolio is between 4 years to 7 years (for details on Macaulay’s Duration please refer to SID under the section “Asset Allocation Pattern”). Relatively high interest rate risk
and moderate credit risk. • Regular income over medium to long term • This scheme primarily takes exposure to securities with Macaulay duration of the portfolio is between 4 years to 7 years.
(Benchmark: NIFTY Medium to Long Duration Debt Index A-III)
HSBC Medium Duration Fund (Erstwhile L&T Resurgent India Bond Fund) (Medium Duration Fund) - An open ended medium term debt scheme investing in instruments such that the Macaulay
duration of the portfolio is between 3 years to 4 years (for details on Macaulay’s Duration please refer to the SID under the section “Asset Allocation Pattern”). A relatively high interest rate risk and
moderate credit risk. • Generation of income over medium term • An open ended debt scheme predominantly investing in fixed income instruments such that the Macaulay duration of the portfolio is
between 3 years to 4 years. (Benchmark: NIFTY Medium Duration Debt Index A-III)

*Riskometer of the Scheme Riskometer of the Benchmark *Riskometer of the Scheme Riskometer of the Benchmark
Modera Modera Modera Modera
derate t
High ely derate t
High ely derate t
High ely derate t
High ely
Mo Mo Mo Mo
to Hi to Hi to to e
w rate w rate w rate
Hi
w rat
Hi
e e e e
M Lo

gh

M Lo

gh

M Lo

gh

M Lo

gh
od

od

od

od
Very

Very

Very

Very
High
High

Low
Low

High
Low

High
Low
VERY VERY VERY VERY
LOW LOW LOW LOW
HIGH HIGH HIGH HIGH
Investors understand that their principal Investors understand that their principal
will be at Moderately High risk will be at Moderate risk

HSBC Conservative Hybrid Fund (Erstwhile HSBC Regular Savings Fund) (Conservative HSBC Short Duration Fund (Erstwhile L&T Short Term Bond Fund) (Short Duration Fund) -
Hybrid Fund) - An open ended hybrid scheme investing predominantly in debt instruments. • An open ended short term debt scheme investing in instruments such that the Macaulay
Investment in fixed income (debt and money market instruments) as well as equity and equity duration of the portfolio is between 1 year to 3 years for details on Macaulay’s Duration
related securities. • Capital appreciation over medium to long term (Benchmark: NIFTY 50 please refer to SID under the section “Asset Allocation Pattern”). A moderate interest rate risk
Hybrid Composite Debt 15:85 Index) and moderate credit risk. • Generation of regular returns over short term • The Scheme will
HSBC Credit Risk Fund (Erstwhile L&T Credit Risk Fund) (Credit Risk Fund) - An open ended Invest predominantly in debt and money market instruments such that the Macaulay duration
debt scheme predominantly investing in AA and below rated corporate bonds (excluding of the portfolio is between 1 year to 3 years. (Benchmark: Nifty Short Duration Debt Index
AA+rated corporate bonds). A relatively high interest rate risk and relatively high credit risk. A-II)
• Generation of regular returns and capital appreciation over medium to long term • An open
ended debt scheme predominantly investing in AA and below rated corporate bonds. The
scheme may also invest in various debt securities, government securities and money market
instruments, REITs and InvITs (Benchmark: NIFTY Credit Risk Bond Index B-II)

*Riskometer of the Scheme Riskometer of the Benchmark

Modera Modera
derate t
High ely derate t
High ely
Mo Mo
to e Hi to e Hi
w rat w rat
e e
M Lo

M Lo
gh

gh
od

od
Very

Very
High

High
Low

Low

VERY VERY
LOW LOW
HIGH HIGH
Investors understand that their principal
will be at Low to Moderate risk

HSBC CRISIL IBX Gilt June 2027 Index Fund (Index Fund) - An open-ended Target Maturity Index Fund tracking CRISIL-IBX Gilt Index - June 2027. Relatively high interest rate risk and relatively low
credit risk. • Income over target maturity period. • The Scheme shall predominantly track the performance of CRISIL IBX Gilt Index – June 2027. (Benchmark: CRISIL-IBX Gilt Index - June 2027)
HSBC Liquid Fund (Erstwhile HSBC Cash Fund) (Liquid Fund) - An open-ended Liquid Scheme. Relatively Low interest rate risk and Low credit risk.
• Overnight liquidity over short term • This scheme invests in money market and debt securities with low risk and high level of liquidity. (Benchmark: NIFTY Liquid Index A-I)
HSBC Low Duration Fund (Erstwhile L&T Low Duration Fund) (Low Duration Fund) - An open ended low duration debt scheme investing in instruments such that the Macaulay duration of the
portfolio is between 6 months to 12 months (for details on Macaulay’s Duration please refer to SID under the section “Asset Allocation Pattern”). A relatively low interest rate risk and moderate credit
risk. • Liquidity over short term • The Scheme will Invest predominantly in debt and money market instruments such that the Macaulay duration of the Portfolio is between 6 months to 12 months.
(Benchmark: NIFTY Low Duration Debt Index A-I)

HSBC Ultra Short Duration Fund (Ultra Short Duration Fund) - An Open ended Ultra-Short term debt scheme investing in instruments such that the Macaulay duration of the portfolio is between 3
months to 6 months. Please refer Page no. 9 of the SID for explanation on Macaulay duration. Relatively low interest rate risk and moderate credit risk. • Income over short term with Low volatility.
• The Scheme will Invest predominantly in debt and money market instruments such that the Macaulay duration of the Portfolio is between 3 months to 6 months. (Benchmark: NIFTY Ultra Short
Duration Debt Index A-I)

HSBC Money Market Fund (Erstwhile L&T Money Market Fund) - An open ended debt scheme investing in money market instruments. Relatively Low interest rate risk and Moderate credit risk.
• Generation of regular income over short to medium term • The scheme aims to generate regular income through investment in a portfolio comprising substantially of money market instruments.
(Benchmark: NIFTY Money Market Index A-I)

HSBC Banking & PSU Debt Fund (Erstwhile L&T Banking and PSU Debt Fund) (Banking and PSU Fund) - An open ended debt scheme primarily investing in debt instruments of banks, public
sector undertakings, public financial institutions and municipal bonds. A relatively high interest rate risk and relatively low credit risk.
• Generation of reasonable returns and liquidity over short term • The portfolio will primarily be invested in debt and money market instruments consisting predominantly of securities issued by
entities such as Banks, Public Sector undertakings, Public Financial Institutions (PFIs) and Municipal Bonds. (Benchmark: Nifty Banking & PSU Debt Index A-II)
HSBC CRISIL IBX 50:50 Gilt Plus SDL Apr 2028 Index Fund (Index Fund) - An open-ended Target Maturity Index Fund tracking CRISIL IBX 50:50 Gilt Plus SDL Index – April 2028. Relatively High
interest rate risk and Low credit risk. • Income over target maturity period • The Scheme shall predominantly track the performance of CRISIL IBX 50:50 Gilt Plus SDL Index – April 2028. (Benchmark:
CRISIL IBX 50:50 Gilt Plus SDL Index – April 2028)

81
 Product Labelling
Scheme name and Type of scheme This product is suitable for investors who are seeking#

*Riskometer of the Scheme

Riskometer of the Benchmark
Modera
derate t
High ely
Modera
Mo derate t
High ely
to e Hi Mo
w rat to Hi
e w rate
M Lo

gh

M Lo

gh
od

od
Very
High
Low

Very
High
Low
VERY VERY
LOW LOW
HIGH HIGH
Investors understand that their principal
will be at Very High risk

HSBC Aggressive Hybrid Fund (Erstwhile L&T Hybrid Equity Fund) (Aggressive Hybrid Fund) - An open ended hybrid scheme investing predominantly in equity and equity related instruments. •
Long term wealth creation and income • Investment in equity and equity related securities and fixed income instruments (Benchmark: Nifty 50 Hybrid composite debt 65:35 Index)

*Riskometer of the Scheme Riskometer of the Benchmark *Riskometer of the Scheme Riskometer of the Benchmark
Modera Modera Modera Modera
derate t
High ely derate t
High ely derate t derate t
High ely
Mo Mo Mo High ely Mo
to Hi to to
w rate w rate
Hi to
w rate
Hi
w rate
Hi
e
M Lo

gh

e e e
M Lo

Mo Lo
gh

gh
M Lo

gh
od

od

d
od
Very
High
Low

Very

Very
Very

Low
High
Low

High
Low

Hig
h
VERY VERY VERY VERY
LOW LOW LOW LOW
HIGH HIGH HIGH HIGH
Investors understand that their principal Investors understand that their principal
will be at Moderately High risk will be at High risk

HSBC Balanced Advantage Fund (Erstwhile L&T Balanced Advantage Fund) (Balanced HSBC Managed Solutions India - Moderate (Fund of Funds (Overseas/Domestic)) - An
Advantage Fund) - An open ended dynamic asset allocation fund. Open Ended Fund of Funds Scheme investing in a basket of equity, debt, Gold and other
• Long term capital appreciation and generation of reasonable returns • Investment in equity Exchange Traded Funds. • To create wealth and provide income over the long-term •
and equity related instruments, derivatives and debt and money market instruments Investments in a basket of debt mutual funds, equity mutual funds, gold & exchange traded
(Benchmark: NIFTY 50 Hybrid Composite Debt 50:50 Index) funds, offshore mutual funds and money market instruments (Benchmark: CRISIL Hybrid
35+65 - Aggressive Index)

*Riskometer of the Scheme Riskometer of the Benchmark - CRISIL Riskometer of the Benchmark -
Composite Bond Fund Index BSE 200 TRI Index
Modera
derate t
High ely Modera Modera
Mo derate t
High ely derate t
High ely
to e Hi Mo Mo
w rat to Hi to Hi
e w rate w rate
M Lo

gh

e e
od

M Lo

M Lo
gh

gh
od

od
Very
High
Low

Very

Very
Low

Low
High

High

VERY LOW
VERY
LOW
VERY
LOW HIGH HIGH
HIGH
Investors understand that their principal
will be at Moderately High risk

HSBC Managed Solutions India - Conservative (Fund of Funds (Domestic)) - An Open Ended Fund of Funds Scheme investing in a basket of equity, debt, Gold and other Exchange Traded Funds. •
To provide income over the long-term. • Investing predominantly in units of debt mutual funds as well as in a basket of equity mutual funds, gold & other exchange traded funds and money market
instruments. (Benchmark: BSE 200 TRI Index. Additional Benchmark: CRISIL Composite Bond Fund Index)

*Riskometer of the Scheme Riskometer of the Benchmark - CRISIL Riskometer of the Benchmark -
Composite Bond Fund Index BSE 200 TRI Index
Modera Modera
derate t
High ely
Modera
derate t
High ely
Mo derate t
High ely Mo
to Mo
Hi to
w rate to
w rate
Hi w rate
Hi
e e
M Lo

gh

e
M Lo

gh
M Lo

gh
od

od
od
Very

Very
High
Low

Low

High
Very
Low

High

VERY VERY VERY

LOW LOW LOW
HIGH HIGH HIGH
Investors understand that their principal
will be at Very High risk

HSBC Managed Solutions India - Growth (Fund of Funds (Overseas/Domestic)) - An Open Ended Fund of Funds Scheme investing in a basket of equity, debt, Gold and other Exchange Traded Funds.
• To create wealth over long term • Investing predominantly in units of equity mutual funds as well as in a basket of debt mutual funds, gold & exchange traded funds, offshore mutual funds and
money market instruments. (Benchmark: BSE 200 TRI. Additional Benchmark: CRISIL Composite Bond Fund Index)

Note for Risk-o-Meter:

Please note that the above risk-o-meters are as per the product labelling of the schemes available as on the date of this communication/ disclosure. As per Clause 17.4.1 (f) of SEBI Master
circular dated May 19, 2023 on product labelling (as amended from time to time), risk-o-meters will be calculated on a monthly basis based on the risk values of the respective
scheme's portfolio based on the methodology specified by SEBI in the above stated circular. The AMC shall disclose the risk-o-meters along with portfolio disclosure for all their schemes
on their respective website and on AMFI website within 10 days from the close of each month. Any change in risk-o-meter shall be communicated by way of Notice cum Addendum
and by way of an e-mail or SMS to unitholders of that particular Scheme. Risk-o-meter is as on September 30, 2024.

82
Statutory Details & Disclaimers
All returns have been sourced from Mutual Funds India Explorer software unless otherwise stated.
Views provided above are based on information in public domain at this moment and subject to change. Investors are requested to consult their financial
advisor for any investment decisions. The sector(s) details mentioned in this document do not constitute any research report nor it should be considered as an
investment research, investment recommendation or advice to any reader of this content to buy or sell any stocks / investments.
Investors are requested to note that as per SEBI (Mutual Funds) Regulations, 1996 and guidelines issued thereunder, HSBC AMC, its employees and/or
empaneled distributors/agents are forbidden from guaranteeing/promising/assuring/predicting any returns or future performances of the schemes of HSBC
Mutual Fund. Hence please do not rely upon any such statements/commitments. If you come across any such practices, please register a complaint via email
at investor.line@mutualfunds.hsbc.co.in.
This document has been prepared by HSBCAsset Management (India) Private Limited (HSBC) for information purposes only and should not be construed as i)
an offer or recommendation to buy or sell securities, commodities, currencies or other investments referred to herein; or ii) an offer to sell or a solicitation or an
offer for purchase of any of the funds of HSBC Mutual Fund; or iii) an investment research or investment advice. It does not have regard to specific investment
objectives, financial situation and the particular needs of any specific person who may receive this document. Investors should seek personal and independent
advice regarding the appropriateness of investing in any of the funds, securities, other investment or investment strategies that may have been discussed or
referred herein and should understand that the views regarding future prospects may or may not be realized. In no event shall HSBC Mutual Fund/HSBCAsset
management (India) Private Limited and / or its affiliates or any of their directors, trustees, officers and employees be liable for any direct, indirect, special,
incidental or consequential damages arising out of the use of information / opinion herein.
This document is intended only for those who access it from within India and approved for distribution in Indian jurisdiction only. Distribution of this document
to anyone (including investors, prospective investors or distributors) who are located outside India or foreign nationals residing in India, is strictly prohibited.
Neither this document nor the units of HSBC Mutual Fund have been registered under Securities law/Regulations in any foreign jurisdiction. The distribution of
this document in certain jurisdictions may be unlawful or restricted or totally prohibited and accordingly, persons who come into possession of this document
are required to inform themselves about, and to observe, any such restrictions. If any person chooses to access this document from a jurisdiction other than
India, then such person do so at his/her own risk and HSBC and its group companies will not be liable for any breach of local law or regulation that such person
commits as a result of doing so.
Investors should not invest in the Scheme solely based on the information provided in this document and should read the Scheme Information Document and,
Statement of Additional Information of the Fund for details. This document does not constitute an offering document.
No part of this publication may be reproduced, stored in a retrieval system, or transmitted, on any form or by any means, electronic, mechanical, photocopying,
recording, or otherwise, without the prior written permission of HSBC Asset Management (India) Private Ltd.

Mutual Fund investments are subject to market risks, read all scheme related documents carefully.

HSBC Asset Management (India) Private Limited

CIN NO: U74140MH2001PTC134220

9-11 Floors, NESCO IT Park, Building No. 3,

Western Express Highway, Goregaon (East), Mumbai 400 063, India
Website : www.assetmanagement.hsbc.co.in

Description Investor related queries Distributor related queries Online related queries Investor (Dialing from abroad)
Toll Free
1800-4190-200 / 1800-200-2434 1800-419-9800 1800-4190-200 / 1800-200-2434 +91 44 39923900
Number
Email ID investor.line@mutualfunds.hsbc.co.in partner.line@mutualfunds.hsbc.co.in onlinemf@mutualfunds.hsbc.co.in investor.line@mutualfunds.hsbc.co.in

To get your updated account statement email us at : "mfsoa@mutualfunds.hsbc.co.in"

We're always here to help you, so feel free to reach out to us

Self-service request at your Fingertips

• Visit Website • Invest Online • Insta Statement • Download Forms • Transact via Whats App
• Use 24/7 ChatBot - Ask Me

Remember, you can also find out more via our social media handles !

Please check our website www.assetmanagement.hsbc.co.in for an updated list of Official Points of Acceptance of HSBC Mutual Fund.
CAMS SERVICE CENTRES / CAMS LIMITED TRANSACTION POINTS / CAMS COLLECTION CENTRES
For details on CAMS Service Centres, please visit www.camsonline.com
June '23