Over a year annualised (CAGR), under a year absolute. Computed from AMFI's published
NAV history for this scheme.
Risk
Volatility
Sharpe
Sortino
Beta
Alpha
Max fall
R²
This scheme
22.6%
-0.09
-0.13
0.95
-9.78%
-31.8%
84.45
NIFTY Smallcap 250 TRI benchmark
21.9%
0.32
0.52
—
—
-59.8%
—
Risk-free rate 6.5%. Beta, alpha and R² are regressed on the
36 months this scheme and its benchmark share.
Growth of ₹100 since launch
Drawdown from peak (%)
Every one-year period it has lived through
Windows
Worst
Median
Best
Periods that lost money
728
-22.2%
0.5%
52.4%
48%
Every one-year holding period in this scheme's history, not just the last one — the
spread a real investor would have met depending only on when they started.
How it behaves against its benchmark
Up capture
Down capture
Correlation
Tracking error
Information ratio
Treynor
81%
116%
0.92
9.0%
-1.25
-3.72
Up capture is how much of the benchmark's gain this scheme kept in the months the
benchmark rose; down capture, how much of its fall it took. Below 100 on the down side and above it
on the up side is the combination every fund is trying for and few reach.
Measured over the 36 months this scheme and
NIFTY Smallcap 250 TRI share.
HSBC Small Cap Fund
·
Allocation
By asset
Equity
99.06%
Cash & Equivalents
0.94%
By market cap
Large Cap
1.33%
Mid Cap
21.93%
Small Cap
72.77%
Unclassified
3.03%
Concentration
Number of stocks
108
Top 5 stocks
12.05%
Top 10 stocks
22.46%
Top 20 stocks
39.32%
Lines in the filing
110
Largest holding
2.57%
Largest sector
Industrial Products 12.58%
Effective stocks
75.9
Sectors held
32
Cash
0.00%
Effective stocks is what the concentration works out to: a fund holding
108 names but most of its money in a few
behaves like a fund of 76. Cash includes repo and TREPS, which
every fund parks money in overnight.
Sector split
Industrial Products
12.58%
Pharmaceuticals & Biotechnology
10.39%
Banks
8.09%
Capital Markets
6.52%
Auto Components
6.36%
Electrical Equipment
5.74%
Finance
5.55%
Textiles & Apparels
5.55%
Healthcare Services
5.12%
Consumer Durables
4.48%
Chemicals & Petrochemicals
3.86%
Construction
2.76%
Industrial Manufacturing
2.68%
Automobiles
2.44%
Beverages
2.10%
Leisure Services
1.68%
Realty
1.42%
Food Products
1.26%
Commercial Services & Supplies
1.23%
Retailing
1.16%
HSBC Small Cap Fund
· · holdings as on 31 Oct 2026
Top 30 holdings
#
Company
Sector
Shares held
Value ₹ cr
% of fund
1
APAR INDUSTRIES LTD
Electrical Equipment
283,592
445
2.57%
2
Ather Energy Limited
Automobiles
2,402,232
422
2.44%
3
Sai Life Sciences Ltd.
Pharmaceuticals & Biotechnology
2,679,487
417
2.42%
4
Karur Vysya Bank Limited
Banks
11,630,799
414
2.40%
5
The Federal Bank Limited
Banks
11,293,726
384
2.22%
6
Navin Fluorine International Limited
Chemicals & Petrochemicals
421,874
366
2.12%
7
VIJAYA DIAGNOSTIC CENTRE LIMITED
Healthcare Services
2,503,558
362
2.10%
8
Radico Khaitan Limited
Beverages
887,528
363
2.10%
9
Welspun Living Limited
Textiles & Apparels
16,122,300
353
2.05%
10
Laurus Labs Limited
Pharmaceuticals & Biotechnology
1,465,109
352
2.04%
11
PNB Housing Finance Limited
Finance
3,234,387
343
1.99%
12
Engineers India Limited
Construction
13,053,624
329
1.90%
13
Neuland Laboratories Ltd
Pharmaceuticals & Biotechnology
161,529
318
1.84%
14
PTC INDUSTRIES LIMITED
Industrial Products
121,131
290
1.68%
15
HAPPY FORGINGS LIMITED
Industrial Products
1,631,308
285
1.65%
16
CRAFTSMAN AUTOMATION LIMITED
Auto Components
271,746
279
1.62%
17
Mtar Technologies Limited
Electrical Equipment
400,486
274
1.59%
18
Motilal Oswal Financial Services Limited
Capital Markets
2,821,718
266
1.54%
19
K.P.R. Mill Ltd
Textiles & Apparels
2,373,250
265
1.53%
20
Kajaria Ceramics Limited
Consumer Durables
2,363,639
262
1.52%
21
Aster DM Quality Care Limited
Healthcare Services
3,793,908
258
1.50%
22
City Union Bank Limited
Banks
11,446,762
245
1.42%
23
FINOLEX CABLES LTD
Industrial Products
2,126,868
242
1.40%
24
Multi Commodity Exchange of India Ltd.
Capital Markets
742,609
237
1.37%
25
Polycab India Limited
Industrial Products
294,607
229
1.33%
26
Treps
Unclassified
—
228
1.32%
27
WOCKHARDT LTD
Pharmaceuticals & Biotechnology
1,182,445
225
1.30%
28
KFIN Technologies Limited
Capital Markets
2,559,087
218
1.26%
29
SUPREME PETROCHEM LIMITED
Chemicals & Petrochemicals
3,198,370
217
1.26%
30
Time Technoplast Limited
Industrial Products
13,621,000
216
1.25%
HSBC Small Cap Fund
· · where the money sits
What the manager did last month
Between the filings of 30 Sep 2026 and 31 Oct 2026.
A position grows because the manager bought or because the price rose; only the share count separates them.
Bought
Sold
New positions
Sold out of
Price move of holdings
₹127 cr
₹128 cr
2
2
-5.92%
Stock
Shares traded
Shares
Price
Value ₹ cr
New position
Zetwerk Manufacturing Business Limited
3,276,189
entered
—
53.4
PERSISTENT SYSTEMS LTD
68,563
entered
—
41.5
Added to
Laurus Labs Limited
182,975
+14.3%
+21.5%
44.0
Radico Khaitan Limited
102,981
+13.1%
-6.4%
42.1
Sterlite Technologies Limited
268,139
+13.9%
-9.4%
22.1
PTC INDUSTRIES LIMITED
7,795
+6.9%
+7.9%
18.7
Trimmed
GE Vernova T&D India Limited
196,883
-41.8%
-4.3%
79.2
KIRLOSKAR PNEUMATIC CO.LTD.
320,712
-15.9%
-20.4%
17.3
TITAGARH RAIL SYSTEMS LIMITED
245,219
-15.0%
-20.1%
16.0
Century Plyboards (India) Limited
145,018
-14.7%
-6.8%
9.2
Sumitomo Chemical India Limited
194,122
-4.2%
-27.3%
6.1
Sold out of
Housing and Urban Development Corp. Ltd.
3,056,955
exited
—
50.9
Aditya Birla Real Estate Limited
109,231
exited
—
12.4
Not equity
Previous filing
This filing
Change
Cash, repo and TREPS
₹0 cr
₹0 cr
+₹0 cr
The list above is stocks and fund units. Treasury bills, repo and money-market
lines roll over every month by design — they are not decisions, so they are totalled here rather
than listed as activity.
Not investment advice. MF Analyser is not a SEBI-registered Investment Adviser or Research Analyst. Every figure is computed from AMFI's published NAV history and the
portfolio the AMC filed with AMFI; none of it is a recommendation to buy, hold or sell. Past
returns do not predict future ones. Generated 15 Nov 2026.
