HSBC Financial Services Fund
Sectoral/ Thematic · HSBC Asset Management (India) Private Ltd.
Be warned: in its worst stretch, ₹1 lakh briefly shrank to about ₹85,380. Its ride has historically been comparatively steady.
New to fund research? Start with the 5-minute guide. The detailed numbers below back all of this up.HSBC Financial Services Fund is a Sectoral/ Thematic fund from HSBC Asset Management (India) Private Ltd.. It has a track record of about 1.5 years. As of the latest data it carries an RS rating of 64/99 (its recent momentum versus category peers). The current NAV is ₹12.65 (as of 2026-09-16).
Growth of ₹100 - last 2 years
HSBC Financial Services Fund returns: last 1, 3, 5 and 10 years
| Period | This fund | Category average |
|---|---|---|
| 1 month | -1.67% | -3.47% |
| 3 months | 0.25% | 2.0% |
| 6 months | 8.88% | 10.56% |
| 1 year | 10.73% | 4.78% |
Its trailing one-year return is 10.73%. Trailing returns flatter or disappoint depending on the end date you pick - the year-by-year and rolling-return sections below are a fairer read.
Year-by-year returns
| Year | HSBC Financial Service | Benchmark |
|---|---|---|
| 2026 | +3.5% | n/a |
Calendar-year returns show how bumpy the ride really was - an average hides the good years and the ugly ones.
Risk & drawdowns
| Measure | This fund | Category average |
|---|---|---|
| Worst drawdown (lifetime) | -14.62% | -26.37% |
| Worst drawdown (3Y) | -14.62% | -20.9% |
| Volatility (1Y) | 21.06% | 19.02% |
| Sharpe (3Y) | 0.52 | 0.31 |
| Bull-market return | 37.4% | 30.78% |
| Bear-market return | 2.9% | -23.76% |
The worst peak-to-bottom fall HSBC Financial Services Fund has ever put investors through is -14.62% - the real test of whether you'd have stayed invested. In falling markets (Nifty below its 200-day average) it has returned about 2.9% annualised, versus 37.4% in rising markets.
How HSBC Financial Services Fund behaves when markets fall
When the market is falling (the Nifty below its 200-day average), HSBC Financial Services Fund has historically returned about 2.9% annualised, versus roughly 37.4% when the market is rising. Its deepest fall on record is -14.62%. Right now it sits about 2.97% below its all-time high (last hit 2026-07-13). The real question isn't the average year - it's whether you could hold on through the worst one.
How HSBC Financial Services Fund ranks in its category
Percentile versus its ~946 category peers - 100th is best-in-class, 50th is average. This is the fairest apples-to-apples read.
Consistency (rolling returns)
Rolling-return data isn't available for this fund yet.
What HSBC Financial Services Fund holds
Its latest monthly portfolio disclosure. This is what your money actually owns.
Top holdings
Sector allocation
The top 10 holdings make up 49.4% of the portfolio, across 38 stocks. A higher concentration means the fund's fortunes ride on fewer names.
Portfolio overlap with similar funds
HSBC Financial Services Fund shares HDFC Transportation and Logistics Fund (0%), LIC MF Healthcare Fund (0%), ICICI Prudential Transportation And Logistics Fund (0%) of its portfolio with these category peers (overlap = the slice of the two portfolios invested in the same stocks). The lower the overlap, the more genuinely different the portfolios are.
Who manages HSBC Financial Services Fund - and how good are they?
HSBC Financial Services Fund is managed by Gautam Bhupal and Mayank Chaturvedi. Below is each manager's complete track record - every fund they currently run, judged on the same numbers as everything else on this page - so you can see whether this fund is in strong hands or is the outlier in a weak book.
Gautam Bhupal's full record
Gautam Bhupal currently runs 5 funds, across FoF Domestic, Sectoral/ Thematic, with about ₹4,602 Cr under management. The book's average King Score is 55.0/100. Their strongest fund by King Score is HSBC Business Cycles Fund (65/100); HSBC Financial Services Fund ranks #5 of 5 in their book.
Tap any column heading to sort.
| # | Fund | RS | King | 3M | 6M | 1Y | 3Y CAGR | 5Y CAGR | 10Y CAGR | Sharpe | Roll 3Y | Worst fall |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | HSBC Business Cycles Fund | 65 | 65 | 2.9% | 13.4% | 1.6% | 15.0% | n/a | n/a | 0.45 | 19.4% | -23.4% |
| 2 | HSBC Multi Asset Active FOF | 70 | 57 | 0.8% | 7.2% | 12.6% | 14.4% | 11.8% | 12.1% | 0.72 | 12.5% | -25.4% |
| 3 | HSBC Infrastructure Fund | 56 | 55 | -0.9% | 10.8% | 6.3% | 14.5% | n/a | n/a | 0.4 | 22.5% | -25.4% |
| 4 | HSBC Aggressive Hybrid Active FOF | 70 | 43 | 2.4% | 10.8% | 6.2% | 11.6% | 10.4% | 12.0% | 0.42 | 13.3% | -31.1% |
| 5 | HSBC Financial Services Fund (this page) | 64 | n/a | 0.2% | 8.9% | 10.7% | n/a | n/a | n/a | 0.52 | n/a | -14.6% |
Mayank Chaturvedi's full record
Mayank Chaturvedi currently runs 17 funds, across Conservative Hybrid Fund, Dynamic Asset Allocation or Balanced Advantage, ELSS, Flexi Cap Fund and more, with about ₹81,306 Cr under management. The book's average King Score is 76.1/100. Their strongest fund by King Score is HSBC Conservative Hybrid Fund (91/100); HSBC Financial Services Fund ranks #17 of 17 in their book.
Tap any column heading to sort.
| # | Fund | RS | King | 3M | 6M | 1Y | 3Y CAGR | 5Y CAGR | 10Y CAGR | Sharpe | Roll 3Y | Worst fall |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | HSBC Conservative Hybrid Fund | 74 | 91 | -0.5% | 3.3% | 2.4% | 8.8% | 7.5% | 8.0% | 0.44 | 9.1% | -10.4% |
| 2 | HSBC ELSS Tax saver Fund | 79 | 90 | 1.4% | 11.4% | 3.2% | 14.9% | n/a | n/a | 0.48 | 19.2% | -19.2% |
| 3 | HSBC Value Fund | 70 | 90 | -0.6% | 4.9% | 2.8% | 14.8% | n/a | n/a | 0.49 | 23.0% | -19.6% |
| 4 | HSBC Balanced Advantage Fund | 83 | 85 | 1.3% | 4.3% | 1.5% | 9.1% | n/a | n/a | 0.36 | 12.0% | -8.7% |
| 5 | HSBC Midcap Fund | 99 | 84 | 3.5% | 22.8% | 17.2% | 23.0% | n/a | n/a | 0.84 | 26.1% | -26.0% |
| 6 | HSBC Focused Fund | 85 | 84 | 3.4% | 11.8% | 6.8% | 13.6% | 12.0% | n/a | 0.43 | 18.6% | -21.2% |
| 7 | HSBC Multi Cap Fund | 68 | 82 | 2.5% | 14.1% | 6.4% | 17.1% | n/a | n/a | 0.63 | 22.7% | -20.1% |
| 8 | HSBC Large & Mid Cap Fund | 93 | 79 | 1.8% | 15.7% | 8.3% | 16.9% | 13.9% | n/a | 0.56 | 21.2% | -36.1% |
| 9 | HSBC Consumption Fund | 76 | 73 | 7.1% | 16.1% | 1.6% | 16.0% | n/a | n/a | 0.6 | n/a | -21.2% |
| 10 | HSBC Flexi Cap Fund | 83 | 69 | 2.8% | 13.2% | 4.7% | 14.5% | 12.6% | 13.2% | 0.48 | 16.3% | -39.8% |
| 11 | HSBC Large Cap Fund | 77 | 68 | 0.2% | 2.2% | -1.6% | 8.8% | 8.6% | 11.9% | 0.16 | 13.9% | -36.0% |
| 12 | HSBC Business Cycles Fund | 65 | 65 | 2.9% | 13.4% | 1.6% | 15.0% | n/a | n/a | 0.45 | 19.4% | -23.4% |
| 13 | HSBC Infrastructure Fund | 56 | 55 | -0.9% | 10.8% | 6.3% | 14.5% | n/a | n/a | 0.4 | 22.5% | -25.4% |
| 14 | HSBC Small Cap Fund | 72 | 50 | 6.9% | 28.3% | 11.1% | 13.8% | n/a | n/a | 0.38 | 17.7% | -27.2% |
| 15 | HSBC India Export Opportunities Fund | 94 | n/a | 8.4% | 26.2% | 18.5% | n/a | n/a | n/a | 0.14 | n/a | -20.6% |
| 16 | HSBC Multi Asset Allocation Fund | 92 | n/a | 1.1% | 6.9% | 11.6% | n/a | n/a | n/a | 0.57 | n/a | -18.7% |
| 17 | HSBC Financial Services Fund (this page) | 64 | n/a | 0.2% | 8.9% | 10.7% | n/a | n/a | n/a | 0.52 | n/a | -14.6% |
A caveat worth keeping: funds often have co-managers, and results belong to the whole team and process rather than one person. A manager's book tells you about their range and consistency, not a guarantee of skill.
Cost & fund basics
| Detail | Value |
|---|---|
| Expense ratio (Direct) | 0.74% |
| Exit load | ≈1% if redeemed within 1 year (typical) |
| Minimum investment | ₹5000 |
| Fund size (AUM) | ₹876 Cr |
| Age | 1.5 years |
| Plan / Option | Direct · Growth |
How HSBC Financial Services Fund compares to peers
| Fund | RS | King | 3Y CAGR |
|---|---|---|---|
| HDFC Transportation and Logistics Fund | 82 | 89 | 24.1% |
| LIC MF Healthcare Fund | 91 | 87 | 21.4% |
| ICICI Prudential Transportation And Logistics Fund | 78 | 87 | 21.1% |
| ICICI Prudential Innovation Fund | 56 | 87 | 17.8% |
| HDFC Defence Fund | 87 | 83 | 36.0% |
| Kotak Manufacture in India Fund | 81 | 83 | 19.1% |
Overlap warning: funds in the same category often own many of the same stocks - holding several rarely adds the diversification people expect.
What these numbers mean
RS rating (1-99) ranks a fund's recent momentum against its category - higher is stronger right now. King Score (0-100) is a long-term quality composite (returns, consistency, drawdown, risk-adjusted return) versus peers. Max drawdown is the worst peak-to-bottom fall the fund has ever experienced. Rolling returns test every possible start date, so one lucky (or unlucky) entry point can't distort the picture. Every formula behind this page is public - see how we calculate every number.
HSBC Financial Services Fund review: the bottom line
Related
Frequently asked questions
Is HSBC Financial Services Fund a good mutual fund?
That depends on your goals and risk tolerance - this is descriptive research, not advice. On the numbers, HSBC Financial Services Fund scores RS 64/99 within its category, and its worst drawdown was -14.62%. Compare those against your needs and the peer table above.
What is the NAV of HSBC Financial Services Fund today?
The latest NAV is ₹12.65 (as of 2026-09-16). NAV (net asset value) is the per-unit price of the fund, published every business day by the AMC.
What is the expense ratio of HSBC Financial Services Fund?
The Direct-plan expense ratio is 0.74% a year. The Direct plan is cheaper than the Regular plan because it carries no distributor commission - over decades that gap compounds meaningfully.
Who is the fund manager of HSBC Financial Services Fund?
HSBC Financial Services Fund is managed by Gautam Bhupal; Mayank Chaturvedi.
Is HSBC Financial Services Fund safe? How risky is it?
No market-linked fund is 'safe' in the fixed-deposit sense - the honest question is how deep its falls get. Its worst historical drawdown was -14.62% - ₹1 lakh briefly becoming about ₹85,380. As a sectoral & thematic fund, its risk profile is typical of that category. Look at the drawdown, volatility and bear-market figures above and ask whether you could stay invested through the bad stretches.
Is HSBC Financial Services Fund tax-efficient / what about capital gains?
As a sectoral & thematic fund, gains follow the rules for its asset class - equity-oriented funds are taxed differently from debt. All returns on this page are pre-tax; your actual post-tax return depends on your holding period and slab. This is descriptive information, not tax advice.
Direct or Regular plan - which is shown here?
All figures on this page are for the Direct-Growth plan (no distributor commission, lower cost). Returns are pre-tax; capital-gains tax depends on your own holding period and slab.
See HSBC Financial Services Fund live in the MF Terminal
Everything above is a static snapshot. The terminal is where you actually research it:
- Interactive price chart with EMAs & RSI
- The RS line plotted against its benchmark
- Full holdings, sector mix & portfolio overlap
- Point-in-time backtester & portfolio doctor
- Compare it side-by-side with any peer
- Screen 1,600+ funds on the same metrics
Data: AMFI NAV history, NSE indices, BSE StAR and monthly disclosures. All figures are pre-tax. Descriptive research and education only - nothing here is investment advice or a recommendation to buy, sell or hold any fund. Past performance does not guarantee future returns.