HSBC Mutual Fund launched HSBC Multi Cap Fund. know the details

The New Fund Offering (NFO) will open on January 10 and close on January 24. HSBC Multi Cap Fund aims to provide long term wealth creation by investing in equity and equity related securities across market capitalization.

The fund will have minimum weightage to large, mid and small caps (minimum 25% each) and flexible allocation of balance up to 25% to equity or debt securities and money market instruments. Given this composition, the fund has the potential to offer effective diversification.

With HSBC Multi Cap Fund, the first NFO after the acquisition of L&T AMC and L&T Mutual Fund schemes by HSBC Asset Management (India) Private Limited (HSBC AMC), HSBC Mutual Fund now offers funds across most categories of securities. and Classification of Mutual Fund Schemes by the Exchange Board of India under the Regulations on Classification and Rationalization of Mutual Funds.

HSBC Securities and Capital Markets (India) Private Limited holds 100% of the paid-up equity share capital of HSBC AMC.

on and after the close of business hours on November 25, 2022 (“Completion Date“), Schemes of L&T Mutual Fund HSBC Mutual Fund (“HSBC MF“) and HSBC AMC and its nominees had acquired the entire share capital of L&T AMC from L&T Sponsor and its nominees.

HSBC Mutli Cap Fund will be managed by Venugopal Manghat, CIO, Equities; Sonal Gupta, Head of Research, Equity; and Kapil Punjabi, Senior Vice President and Fund Manager, Scheme for Domestic Equity, Foreign Investment and Fixed Income Fixed Income respectively.

Kailash Kulkarni, Co-CEO, HSBC Asset Management (India) Pvt India, said, “With the launch of HSBC Multi Cap Fund, we are providing investors with an opportunity to invest in large cap, mid cap and small cap stocks. With the fund, investors get three benefits: Large caps offer less potential for negative returns or limit downside within equities over the long term, mid caps have greater potential to deliver higher growth and small caps offer higher alpha. offer more chances to give.

Fund’s Unique Investment-Strategy:

Focus on strong businesses with sustainable profitability, high income potential and reasonable valuations

Focus on bottom up stock picking and strong franchises – capable of achieving all season performance with a combination of large, mid and small caps in the portfolio

Provide greater diversification and capacity to deliver better risk-adjusted performance

Benefits and features of HSBC Multi Cap Fund include:

Well-researched Large Cap with proven business and track record with visibility on income growth, leading to stable wealth creation.

Mid caps are generally subject to mis-evaluation and mis-pricing because they are relatively owned with fewer stocks – providing tremendous growth potential.

Large opportunities through small caps as they may offer valuation discount due to under-research/under-owned features.

The flexible asset allocation strategy for the asset segment helps as the fund may overweight certain market capitalizations in favorable market cycles or debt securities and money market instruments. This enables investors to profit across multiple market cycles through a single fund

Venugopal Manghat, CIO-Equity, HSBC Asset Management Company India said, “We stay true to our investment strategy for each scheme and stay in line with our investment objective. Our investment strategy in the schemes follows a more bottom-up approach. We evaluate companies on multiple parameters such as capital allocation and returns, competitive advantage, business potential, management, profitability and others. We keep the strategy simple and expect to remain invested over the long term for compounded gains Huh.