HSBC Multi Asset Allocation Fund

Multi AssetDirect and Regular plans, Growth and IDCW options

Data as on 30-10-2026

HSBC Multi Asset Allocation Fund is a Multi Asset fund run by HSBC Mutual Fund. On 30-09-2026, it managed ₹3,141 Cr of investors' money. In the year to 30-10-2026, its Direct plan returned 4.7% and its Regular plan returned 3.3%.

NAV (Direct plan): ₹13.76; ▼ 0.51%30-10-2026
NAV (Regular plan): ₹13.27; ▼ 0.51%30-10-2026
Expense ratio: 0.96%Direct2.26%Regular; 0.96%; A year
Riskometer: Very High; Set by the fund house
1 year return: 4.7%Direct3.3%Regular; 4.7%; Total

HSBC Multi Asset Allocation Fund NAV Today

NAV on 30-10-2026: Direct Plan Growth ₹13.76 (down 0.51% that day); Regular Plan Growth ₹13.27 (down 0.51% that day).

This fund (Direct plan)

₹13.7632

HSBC Multi Asset Allocation Fund Returns vs Multi Asset Funds

Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.

Trailing returns
Period	1M	3M	6M	1Y	3Y	5Y	10Y
This fund (Direct)	−1.17%	−2.66%	−0.56%	+4.70%	--	--	--
This fund (Regular)	−1.27%	−2.98%	−1.22%	+3.32%	--	--	--
Multi Asset average	−1.71%	−3.33%	−1.78%	+2.00%	--	--	--
Best in Multi Asset	+0.22%	+1.02%	+3.21%	+8.36%	--	--	--
Worst in Multi Asset	−3.85%	−5.28%	−5.92%	−3.66%	--	--	--
Rank in Multi Asset	12/37	7/36	7/34	7/31	--	--	--

Category rows compare the Direct plans of 37 Multi Asset funds. Rank 1 is the highest return. This fund's benchmark is BSE 200 TRI 65% + NIFTY Short Duration Debt Index 20% +Domestic Price of Gold (10%)+Domestic Price of Silver 5%. Returns of that index are not available to us, so the category average is the comparison.

HSBC Multi Asset Allocation Fund Year-wise Returns

Return of each calendar year
Year	Direct	Regular
2026to date	+1.96%	+0.84%
2025	+9.81%	+8.34%

HSBC Multi Asset Allocation Fund Rolling Returns

The return of every holding period in the fund's history, not only the one that ends today

Rolling returns

Each point is the yearly return of one 1-year holding period, plotted on the day it ended. There are 409 periods, one for each trading day from 03-03-2025 to 30-10-2026.

−10%0%10%20%30%40%

Apr 2024
to
Apr 2025Aug 2024
to
Aug 2025Nov 2024
to
Nov 2025Feb 2025
to
Feb 2026Jun 2025
to
Jun 2026Sept 2025
to
Sept 2026

HSBC Multi Asset Allocation Fund (Direct)Category average, 37 Multi Asset funds

Every holding period at a glance

Period	Periods	Median	Lowest	Highest	With a loss	Category median	Beat category
1 year	409	10.7%	−1.2%	37.0%	1%	12.2%	46%
2 years	163	11.5%	6.2%	18.7%	0%	11.4%	65%

Period	Periods	Median	Lowest	Highest	With a loss	Category median	Beat category
1 year	20	14.5%	−16.3%	31.1%	15%	11.2%	70%

Lumpsum: the yearly rate (CAGR) from the NAV on a period's first day to the NAV on its last. SIP: the XIRR of the monthly instalments and their value on the last day. "With a loss" counts the periods that ended below the money put in. "Beat category" counts the periods in which the fund did better than the average of the 37 Multi Asset funds (Direct plans, each weighted the same) over the same days. Past returns do not promise future returns.

HSBC Multi Asset Allocation Fund Risk

How much it swings, and the falls an investor had to sit through

Risk and return

Measure	HSBC Multi Asset Allocation Fund (Direct)This fund	Category average
Return (CAGR)	+4.70%	+2.25%
Standard deviation	13.60%	10.59%
Sharpe ratio	-0.04	-0.28
Sortino ratio	-0.05	-0.38
Maximum drawdown	−11.8% (23-03-2026)	−10.3% (23-03-2026)

From daily NAVs, 30-10-2025 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls.

Measure	HSBC Multi Asset Allocation Fund (Direct)This fund	Category average
Return (CAGR)	+12.63%	+10.75%
Standard deviation	14.03%	9.05%
Sharpe ratio	0.48	0.54
Sortino ratio	0.63	0.72
Maximum drawdown	−18.7% (28-02-2025)	−10.3% (23-03-2026)

From daily NAVs, 01-03-2024 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls.

Drawdowns

How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.

−20%−15%−10%−5%0%

20252026

HSBC Multi Asset Allocation Fund (Direct)Category average, 37 Multi Asset funds

	Worst fall	High before it	Bottom	Back at the high	Time to climb back	Below its high today
HSBC Multi Asset Allocation Fund (Direct)	−18.7%	17-12-2024	28-02-2025	10-09-2025	6 months	−6.4%
Category average	−10.3%	29-01-2026	23-03-2026	21-08-2026	5 months	−6.1%

From the Direct plan's daily NAV since 01-03-2024, adjusted for unit splits, and the average of the 37 Multi Asset funds (Direct plans, each weighted the same) over the same days. "Time to climb back" runs from the bottom to the first day back at the old high.

HSBC Multi Asset Allocation Fund vs Other Multi Asset Funds

The five Multi Asset funds with the best three year return, and this fund. Direct plans.

Fund name	Rank	AUM (Cr)	Exp. ratio	1Y return	3Y return	3Y alpha	3Y beta	3Y Sharpe	3Y Sortino
Quant Multi Asset Allocation Fund	1/15	6,608	1.13%	+8.36%	+21.56%	--	--	1.37	1.95	Compare
Nippon India Multi Asset Allocation Fund	2/15	18,044	0.48%	+3.05%	+17.96%	--	--	1.19	1.63	Compare
DSP Multi Asset Allocation Fund	3/15	10,820	0.62%	+4.15%	+17.30%	--	--	1.32	1.84	Compare
Kotak Multi Asset Allocation Fund	4/15	15,236	0.63%	+4.34%	+16.23%	--	--	0.83	1.11	Compare
WhiteOak Capital Multi Asset Allocation Fund	5/15	9,111	0.65%	+6.03%	+16.11%	--	--	1.76	2.50	Compare
HSBC Multi Asset Allocation Fund	7/31	3,141	0.96%	+4.70%	--	--	--	--	--

AUM is each fund's size at the end of its last reported month, from its own portfolio file. We calculate the risk ratios from daily NAVs over the last three years. The risk-free return is what NSE's overnight rate index earned over the same years. Alpha and beta compare each fund with its own benchmark's TRI. "--" means we have no figure: for alpha and beta, no daily series for that benchmark.

HSBC Multi Asset Allocation Fund Expense Ratio and Costs

What each plan charges a year, in force from 22-10-2026

Plan	Base expense ratio	Brokerage	Transaction costs	Levies and GST	Total expense ratio	Multi Asset median	Cost rank (1 = cheapest)
Direct	0.46%	0.12%	0.01%	0.37%	0.96%	0.85%	24/37
Regular	1.56%	0.12%	0.01%	0.57%	2.26%	2.15%	23/37

The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, the cost of executing trades, and statutory levies with GST. From AMFI's expense ratio file. Cost rank: where this plan comes when the Multi Asset funds' plans of the same type are sorted from the lowest total expense ratio to the highest.

Direct vs Regular: what the gap cost

Both plans own the same portfolio, so the difference in what they earned is the Regular plan's extra cost, taken out of its NAV.

Over the last	Regular	Direct	Direct earned more by	₹1 lakh became (Regular)	₹1 lakh became (Direct)
1 year	3.32%	4.70%	1.38%	₹1,03,320	₹1,04,700

Returns over more than 1 year are a rate a year (CAGR). ₹1 lakh invested once at the start of each period, valued on the last NAV.

HSBC Multi Asset Allocation Fund SIP Calculator

What a one-time or monthly investment in this fund would be worth today, from its own NAV history

Growth of an investment

Every month₹

Step up each year

PeriodFor

₹10,000 on the first trading day of every month, from 01-03-2024 to 30-10-2026: 32 instalments, ₹3,20,000 in all.

Investment	Invested	Value now	Gain	Return a year
Direct planHSBC Multi Asset Allocation Fund (Direct)	₹3,20,000	₹3,59,652	₹39,652	8.7%
Regular planHSBC Multi Asset Allocation Fund (Regular)	₹3,20,000	₹3,52,784	₹32,784	7.3%
Category averageCategory average, 37 Multi Asset funds	₹3,20,000	₹3,51,714	₹31,714	7.0%

₹0₹1.0 L₹2.0 L₹3.0 L₹4.0 L

20252026

Direct planHSBC Multi Asset Allocation Fund (Direct)Regular planHSBC Multi Asset Allocation Fund (Regular)Category averageCategory average, 37 Multi Asset fundsAmount invested

From each plan's published NAV (Growth option) and the category average, over the same days. Return a year: XIRR for a SIP, CAGR for a lumpsum, shown for a year or more. It does not include exit load, stamp duty or tax. Past returns do not promise future returns.

HSBC Multi Asset Allocation Fund Asset Allocation

Asset allocation as on 30-09-2026

What the fund holds

74.5%Equity

Asset	Fund	Category
Equity	74.5%	58.2%
Debt	13.6%	16.2%
Cash and others	11.9%	25.6%

Market cap of stocks

Market cap	Fund	Category
Large Cap	35.2%	35.1%
Mid Cap	26.9%	11.8%
Small Cap	11.0%	9.3%
Not on AMFI's list	1.4%	1.1%

Share of the whole fund. Category: the average of the Multi Asset funds that hold stocks. Groups follow AMFI's latest list, as SEBI defines them: Large Cap is the 100 largest companies, Mid Cap the next 150, Small Cap the rest.

Credit rating

Bonds and money market papers by credit rating, % of the fund. Category: the average of 37 Multi Asset funds.

Rating	Fund	Category
Sovereign	2.9%	5.3%
AAA and A1+	10.7%	8.2%

HSBC Multi Asset Allocation Fund Sector Allocation

Sector allocation of the fund's stocks as on 30-09-2026

Largest sectors

Banks18.1%
Retailing9.5%
Electrical Equipment8.1%
Capital Markets6.4%
Pharmaceuticals & Biotechnology5.4%
Automobiles4.3%
Industrial Manufacturing4.2%
Auto Components3.3%
Finance3.0%
Financial Technology (Fintech)2.7%

The ten largest of 28 sectors. The other 18 add up to 9.5%.

Sector changes

Sector	July 2026	August 2026	September 2026	Change
Banks	21.1%	18.5%	18.1%	−3.0%
Retailing	7.0%	8.8%	9.5%	+2.5%
Electrical Equipment	6.7%	8.2%	8.1%	+1.4%
Capital Markets	6.4%	6.3%	6.4%	0.0%
Pharmaceuticals & Biotechnology	5.5%	5.4%	5.4%	−0.1%

Each sector's share of the fund at the end of each month. The five largest sectors of September 2026. Change: from July 2026 to September 2026, in % of the fund.

HSBC Multi Asset Allocation Fund Portfolio Holdings

As on 30-09-2026 · 87 holdings · from the fund house's monthly portfolio

Holdings	Sector / Rating	Weight%	1M change
HSBC Mutual Fund	Exchange Traded Funds	9.02%
ICICI Bank Limited	Banks	7.89%	0.0%
HDFC Bank Limited	Banks	5.06%	+5.1%
Lenskart Solutions Limited	Retailing	4.51%	0.0%
Meesho Limited	Retailing	3.25%	0.0%
The Federal Bank Limited	Banks	3.04%	0.0%
Aditya Infotech Limited	Industrial Manufacturing	2.67%	+47.8%
ITC Limited	Diversified FMCG	2.44%	0.0%
GE Vernova T&D India Limited	Electrical Equipment	2.40%	0.0%
TVS Motor Company Limited	Automobiles	2.25%	−11.8%
ICICI Prudential AMC Ltd	Capital Markets	2.11%	0.0%
Lupin Limited	Pharmaceuticals & Biotechnology	2.04%	0.0%
JSW Steel Limited	Ferrous Metals	2.01%	0.0%
Polycab India Limited	Industrial Products	1.93%	+33.0%
PB Fintech Limited	Financial Technology (Fintech)	1.87%	0.0%
Piramal Finance Ltd	Finance	1.82%	0.0%
FSN E-Commerce Ventures Limited	Retailing	1.72%	0.0%
APAR INDUSTRIES LTD	Electrical Equipment	1.68%	0.0%
HDFC MUTUAL FUND	Exchange Traded Funds	1.67%
Bajaj Housing Finance Ltd · Bond	CRISIL AAA	1.63%
NABARD · Bond	CRISIL AAA	1.60%
Bajaj Finance Limited · Bond	CRISIL AAA	1.59%
TITAGARH RAIL SYSTEMS LIMITED	Industrial Manufacturing	1.54%	0.0%
HDFC Asset Management Company Limited	Capital Markets	1.54%	0.0%
Dhoot Transmission Limited	Auto Components	1.40%	New
Gland Pharma Limited	Pharmaceuticals & Biotechnology	1.34%	0.0%
Ather Energy Limited	Automobiles	1.29%	0.0%
Sedemac Mechatronics Ltd.	Auto Components	1.26%	0.0%
Hitachi Energy India Limited	Electrical Equipment	1.24%	+21.6%
Mankind Pharma Limited	Pharmaceuticals & Biotechnology	1.22%	0.0%
City Union Bank Limited	Banks	1.18%	0.0%
CG Power And Industrial Solutions Ltd	Electrical Equipment	1.16%	0.0%
Billionbrains Garage Ventures Ltd.	Capital Markets	1.04%	0.0%
6.48% GOI 06Oct2035 · Government security	SOVEREIGN	1.02%
Tech Mahindra Limited	IT - Software	0.94%	0.0%
Nippon Life India Asset Management Ltd	Capital Markets	0.93%	0.0%
Indian Bank	Banks	0.86%	0.0%
ABB India Limited	Electrical Equipment	0.85%	0.0%
Mahindra & Mahindra Financial Serv Ltd.	Finance	0.84%	0.0%
REC Limited · Bond	CRISIL AAA	0.83%
One 97 Communications Limited	Financial Technology (Fintech)	0.83%	0.0%
InterGlobe Aviation Limited	Transport Services	0.81%	0.0%
6.94% GOI 11-May-2036 · Government security	SOVEREIGN	0.80%
REC Limited · Bond	CRISIL AAA	0.79%
UltraTech Cement Limited · Bond	CRISIL AAA	0.79%
SIDBI · Bond	CRISIL AAA	0.79%
6.01% GOI 21Jul2030 · Government security	SOVEREIGN	0.78%
Mahindra & Mahindra Limited	Automobiles	0.74%	0.0%
KFIN Technologies Limited	Capital Markets	0.68%	+41.6%
Sun Pharmaceutical Industries Limited	Pharmaceuticals & Biotechnology	0.65%	0.0%
Liquid Gold Series 24	CRISIL AAA(SO)	0.63%
ICICI Bank Limited	ICRA A1+	0.62%
TENNECO CLEAN AIR INDIA LIMITED	Auto Components	0.61%	0.0%
India Universal Trust AL2	CRISIL AAA(SO)	0.58%
Tata Consumer Products Limited	Agricultural Food & other Products	0.55%	0.0%
Thermax Limited	Electrical Equipment	0.54%	0.0%
Reliance Industries Limited · Bond	CRISIL AAA	0.53%
PNB Housing Finance Limited	Finance	0.36%	0.0%
Hindalco Industries Limited	Non - Ferrous Metals	0.34%	0.0%
Indian Railway Finance Corporation Ltd · Bond	CRISIL AAA	0.33%
Siemens Limited	Electrical Equipment	0.24%	0.0%
Divi''s Laboratories Limited	Pharmaceuticals & Biotechnology	0.17%	0.0%
7.18% GOI - 14-Aug-2033 · Government security	SOVEREIGN	0.16%
6.9% GOI 15-Apr-2065 · Government security	SOVEREIGN	0.15%
PERSISTENT SYSTEMS LTD	IT - Software	0.13%	0.0%
Britannia Industries Limited	Food Products	0.06%	0.0%
State Bank of India	Banks	0.06%	0.0%
Multi Commodity Exchange of India Ltd.	Capital Markets	0.05%	0.0%
SAFARI INDUSTRIES (INDIA) LIMITED	Consumer Durables	0.04%	0.0%
Axis Bank Limited	Banks	0.04%	0.0%
Dixon Technologies (India) Limited	Consumer Durables	0.03%	0.0%
Max Healthcare Institute Limited	Healthcare Services	0.03%	0.0%
Bharti Airtel Limited	Telecom - Services	0.03%	−89.2%
Oil & Natural Gas Corporation Limited	Oil	0.03%	0.0%
UltraTech Cement Limited	Cement & Cement Products	0.02%	0.0%
Bharat Heavy Electricals Limited	Electrical Equipment	0.02%	0.0%
The Tata Power Company Limited	Power	0.02%	0.0%
Larsen & Toubro Limited	Construction	0.02%	0.0%
BSE Ltd	Capital Markets	0.02%	0.0%
Godrej Consumer Products Limited	Personal Products	0.02%	0.0%
Reliance Industries Limited	Petroleum Products	0.01%	0.0%
Shriram Finance Limited	Finance	0.01%	0.0%
Bharat Electronics Limited	Aerospace & Defense	0.01%	0.0%
Power Grid Corporation of India Limited	Power	0.01%	0.0%
BLUE STAR LTD	Consumer Durables	0.00%	0.0%
Infosys Limited	IT - Software	0.00%	0.0%
Cholamandalam Invest & Finance Co Ltd	Finance	0.00%	0.0%

HSBC Multi Asset Allocation Fund Stocks Bought and Sold

All changes are between August 2026 and September 2026

Stocks bought and sold in September 2026

HDFC Bank Limited	Added	+5.1%	5.06%
Aditya Infotech Limited	Added	+47.8%	2.67%
TVS Motor Company Limited	Reduced	−11.8%	2.25%
Polycab India Limited	Added	+33.0%	1.93%
Dhoot Transmission Limited	New	New	1.40%
Hitachi Energy India Limited	Added	+21.6%	1.24%
KFIN Technologies Limited	Added	+41.6%	0.68%
NTPC Limited	Sold out	−100%	was 0.36%
Bharti Airtel Limited	Reduced	−89.2%	0.03%

A change is counted by the number of shares the fund holds, not by price. A stock can become a smaller part of the fund in a month when the fund bought more of it, if its price fell. Debt papers are left out.

What HSBC Multi Asset Allocation Fund bought and sold

HSBC Multi Asset Allocation Fund Portfolio Overlap

Funds with the most similar portfolios, across every fund house and category

Fund	Overlap	Holdings in common
HSBC Large & Mid Cap FundLarge & Mid Cap · HSBC	58.1%	55	Compare
HSBC Midcap FundMid Cap · HSBC	35.7%	29	Compare
HSBC Equity Savings FundEquity Savings · HSBC	33.1%	50	Compare
HSBC Business Cycles FundThematic · HSBC	28.5%	29	Compare
HSBC Financial Services FundThematic · HSBC	28.2%	19	Compare
HSBC Aggressive Hybrid FundAggressive Hybrid · HSBC	27.2%	33	Compare
HSBC Large Cap FundLarge Cap · HSBC	27.0%	22	Compare
SBI ESG Exclusionary Strategy FundThematic · SBI	26.5%	18	Compare

Overlap: for each holding both funds own, the smaller of its two weights, added up. 40% means 40% of each fund's money sits in positions the other also holds. From each fund's latest monthly portfolio, matched by ISIN. Cash and hedged positions are left out. Funds that overlap under 10% are not listed. A high overlap does not make two funds the same: their costs, lock-in and category can differ.

HSBC Multi Asset Allocation Fund Overview

Fund facts from the scheme summary document, as on 16-10-2026

Expense ratio (Direct): 0.96%
Expense ratio (Regular): 2.26%
Category: Multi Asset
Risk: Very High
Launch date: 28-02-2024
Minimum investment: ₹5,000
Minimum additional investment: ₹1,000
AUM: ₹3,140.77 Cr (30-09-2026)
Lock in: None
Scheme code (Direct): 152380
ISIN (Direct): INF336L01RI3
Scheme code (Regular): 152378
ISIN (Regular): INF336L01RF9
NAV history: From 01-03-2024, 2.7 years

Benchmark: BSE 200 TRI 65% + NIFTY Short Duration Debt Index 20% +Domestic Price of Gold (10%)+Domestic Price of Silver 5%
Exit load: Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 1 year.

Tax on HSBC Multi Asset Allocation Fund returns

How the gain is taxed depends on what the fund holds. A fund with 65% or more in Indian stocks is taxed as an equity fund: 20% within 1 year, 12.5% after, on gains above ₹1.25 lakh a year.
A fund with 65% or more in debt is taxed at your slab rate. Any other fund: your slab rate within 2 years, 12.5% after.
IDCW (dividend) payouts are added to your income and taxed at your slab rate.
A stamp duty of 0.005% is deducted when you invest.

Rules in force from 23-07-2024 (Finance Act 2024). Tax depends on your own income; this is general information, not tax advice.

All plans and options

Plan	Option	NAV	As on
direct	Growth	₹13.7632	30-10-2026
direct	IDCW	₹13.4152	30-10-2026
regular	Growth	₹13.2739	30-10-2026
regular	IDCW	₹12.118	30-10-2026

About HSBC Multi Asset Allocation Fund

HSBC Multi Asset Allocation Fund is a mutual fund from HSBC Mutual Fund. Its category is Multi Asset. It was launched on 28-02-2024. Its benchmark is BSE 200 TRI 65% + NIFTY Short Duration Debt Index 20% +Domestic Price of Gold (10%)+Domestic Price of Silver 5%. At the end of September 2026 it held 87 securities.

Fund Manager

Cheenu Gupta
Fund manager of HSBC Multi Asset Allocation Fund, since 28-02-2024
Mahesh Chhabria
Fund manager of HSBC Multi Asset Allocation Fund, since 28-02-2024
Mohd. Asif Rizwi
Fund manager of HSBC Multi Asset Allocation Fund, since 01-02-2025
Dipan Parikh
Fund manager of HSBC Multi Asset Allocation Fund, since 28-02-2024
Mayank Chaturvedi
Fund manager of HSBC Multi Asset Allocation Fund, since 01-10-2025
Praveen Ayathan
Fund manager of HSBC Multi Asset Allocation Fund, since 18-03-2026

See all funds of HSBC Mutual Fund

AUM change

September 2026: ₹3,140.77 Cr; −3.65% from August 2026
August 2026: ₹3,259.66 Cr; +5.22% from July 2026
July 2026: ₹3,098.03 Cr; +1.89% from June 2026

AUM moves with money invested or taken out, and with the value of what the fund holds.

Compare HSBC Multi Asset Allocation Fund with Other Funds

Returns, risk, costs and the stocks they share, side by side

HSBC Multi Asset Allocation vs Quant Multi Asset AllocationMulti Asset
HSBC Multi Asset Allocation vs Nippon India Multi Asset AllocationMulti Asset
HSBC Multi Asset Allocation vs DSP Multi Asset AllocationMulti Asset
HSBC Multi Asset Allocation vs Kotak Multi Asset AllocationMulti Asset
HSBC Multi Asset Allocation vs WhiteOak Capital Multi Asset AllocationMulti Asset
HSBC Multi Asset Allocation vs HSBC Large & Mid Cap58.1% overlap
HSBC Multi Asset Allocation vs HSBC Midcap35.7% overlap
HSBC Multi Asset Allocation vs HSBC Equity Savings33.1% overlap

Compare with any other fund

Frequently Asked Questions for HSBC Multi Asset Allocation Fund

What is the current NAV of HSBC Multi Asset Allocation Fund?

The Direct plan NAV is ₹13.7632. The Regular plan NAV is ₹13.2739, as on 30-10-2026.

What are the returns of HSBC Multi Asset Allocation Fund?

The Direct plan returned +4.70% in 1 year. The Regular plan returned +3.32% in 1 year. These figures are as on 30-10-2026.

What is the expense ratio of HSBC Multi Asset Allocation Fund?

The Direct plan charges 0.96% a year. The Regular plan charges 2.26% a year. This is the figure the fund house reported to AMFI, in force from 22-10-2026.

What is the AUM of HSBC Multi Asset Allocation Fund?

HSBC Multi Asset Allocation Fund managed ₹3,140.77 Cr on 30-09-2026, as its fund house reported in its monthly portfolio.

What are the top holdings of HSBC Multi Asset Allocation Fund?

At the end of September 2026 the largest holdings were HSBCGOLD (9.02%), ICICIBANK (7.89%), HDFCBANK (5.06%), LENSKART (4.51%), MEESHO (3.25%). The fund held 87 securities in all.

What did HSBC Multi Asset Allocation Fund buy and sell in September 2026?

It bought 1 new stock: Dhoot Transmission Limited. It sold out of 1: NTPC Limited. It added shares in 5. It reduced 2.

How do I invest in HSBC Multi Asset Allocation Fund?

Through HSBC Mutual Fund's website or app, a mutual fund distributor, or an investment platform. Choose the Direct plan to pay no distributor commission, or the Regular plan to invest through a distributor. The first investment is at least ₹5,000. You can invest once or through a monthly SIP.

Who is the fund manager of HSBC Multi Asset Allocation Fund?

Cheenu Gupta (since 28-02-2024), Mahesh Chhabria (since 28-02-2024), Mohd. Asif Rizwi (since 01-02-2025), Dipan Parikh (since 28-02-2024), Mayank Chaturvedi (since 01-10-2025), Praveen Ayathan (since 18-03-2026).

Sources: NAV and expense ratio from AMFI. Holdings from the fund house's monthly portfolio statement. Fund facts from its scheme summary document, as on 16-10-2026.

This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.