The Fear of Disappointing Others unmet expectations = disappointment.
The Asset...03 Fund Manager Commentary GDPlowestin5quarters InstitutionalFundFlows The country's GDP...
Transcript of The Asset...03 Fund Manager Commentary GDPlowestin5quarters InstitutionalFundFlows The country's GDP...
The AssetFactsheet – August 2016
Index
Fund Manager Commentary
HSBC Equity Fund
HSBC India Opportunities Fund
HSBC Midcap Equity Fund
HSBC Infrastructure Equity Fund
HSBC Tax Saver Equity Fund
HSBC Dividend Yield Equity Fund
HSBC Emerging Markets Fund
HSBC Brazil Fund
HSBC Managed Solutions India - Growth
HSBC Managed Solutions India - Moderate
HSBC Managed Solutions India - Conservative
Fund Managers - Equity
Comparative Performance of Equity Schemes
HSBC MIP - Savings Plan
HSBC MIP - Regular Plan
HSBC Income Fund - Investment Plan
HSBC Income Fund - Short Term Plan
HSBC Dynamic Fund
HSBCAsia Pacific (Ex Japan) Dividend Yield Fund
HSBC Global Consumer Opportunities Fund
SIP Performance of Equity Schemes
HSBC Cash Fund
HSBC Ultra Short Term Bond Fund
HSBC Flexi Debt Fund
Fund Managers - MIP & Debt
Comparative Performance of MIP & Debt Schemes
Section II - How to read Factsheet
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RBI's third bi-monthly monetary policy
Way ahead
Positive traction in equity markets continued
As expected, the Reserve Bank of India (RBI) kept the interest rates unchanged in its third bi-monthly monetary policy due to sharper than
anticipated increase in food prices which has pushed up projected inflation trajectory for the rest of the year. Risk to inflation target of 5%
continued to remain on upside as per RBI. Impact of the allowances increase in the 7th pay commission will have to be carefully monitored.
Moreover, there is an emphasis on liquidity management. RBI would retain with the strategy and continue with frontloading the liquidity
provisions. It will continue with the Open Market Operations (OMO) and announced one OMO forAugust 2016.
Monsoon has picked up with cumulative rainfall 3% higher than the long period average. Kharif sowing strengthened with particular focus on
pulses. Most of the crops are at an acreage higher than the last year. Merchandise exports moved in the positive territory in June after 18
months. Imports continue to decline albeit, at a slower pace. Lower crude prices continued to compress Petroleum, Oil and Lubricant (POL)
import bill while the domestic demand for gold remained muted.
RBI will continue to follow developments on
Transmission of the lower rates by banks through Marginal Cost of Funds based on Lending Rate (MCLR) mechanism
Effects of pro-active liquidity management
Management of Foreign Currency Non ResidentialAccount – B (FCNR-B) redemptions without market disruption
The policy stance remains accommodative and RBI should continue to provide adequate liquidity. The inflation expectation of Q4 FY 17 is
retained at 5% with an upside bias.
Equity markets sentiments continued to show positive traction driven by domestic factors leading to gains in market indices, while midcaps
continued to outperform. The S&P BSE Sensex and the Nifty 50 appreciated by 1.4% and 1.7% respectively during the month with BSE
midcap (+ 4.4%) and BSE small cap (+2.8%) indices, once again outperforming the market indices.
The landmark Good & Services Tax (GST) was passed in the upper house of the parliament in a unanimous manner. While all efforts are
being made to meet a stiff roll-out timeline of 01 April 2017, there could be some delay on that front given the complexity of this exercise.
However, states have progressed very fast on ratifying the GST bill and the minimum requirement of 16 states before it can be sent for
Presidential assent which will likely be achieved in the first few days of September itself.
Monsoon rainfall moderated during August , bringing down the chances of an above normal rainfall this season. The cumulative rainfall is
currently trending slightly below the normal levels (3% below normal on an aggregate basis as on 28August) and hence it could moderate to a
normal rainfall as against an above normal expectations.
TheApril-June 2016 quarterly earnings season was devoid of any major surprises but that may not help lift the earnings trajectory as yet, with
hopes now pinning on 2QFY17 to show meaningful earnings recovery driven by a good monsoon and pick-up in domestic consumption.
�
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Fund Manager Commentary
01
0.0%
0.5%
1.0%
1.5%
2.0%
2.5%
3.0%
3.5%
4.0%
4.5%
Sensex BSE100 BSE200 BSE500 BSE MidCap BSESmallCap
Indices Performance - Aug 2016
Source: Bloomberg; Bombay Stock Exchange (BSE)
Exports contract
After reversing an 18-month decline last month, the country’s merchandise exports once again contracted in July 2016. They fell 6.8% year-
on-year (YoY) to USD21.7 billion in July 2016 after expanding 1.3% in the previous month.
Imports fell 19% YoY to USD 29.5 bn. They contracted 7.3% in June 2016.
Trade deficit narrowed down to USD 7.8 bn (USD 8.1 bn).
Imports got a leg up from petroleum and oil lubricants. Oil imports expanded 12.8% to USD 14.4 bn. Non-oil and non-gold imports, a pointer
towards industrial activity, cumulatively rose 2.9% to USD 23.8 bn. They expanded 1.4% in June 2016.
Gold imports fell 26.4% to USD 1.8 bn, vis-à-vis 38.5% decline last month.
The country's industrial growth as represented by the Index of Industrial Production (IIP) nudged higher to an 8-month high of 2.1% in June
2016 (1.1% in May post-revision).
This is attributed to a pickup in electricity generation (up 8.3%) as also mining output (4.7%). However, manufacturing which has the highest
weight in the IIP, crawled 0.9%.
On an encouraging note, while expansion in industrial activity is not exceptional at this level, there is improvement across the board. Out of
the 22 industry groups, 18 saw a rise in production.
Activity should pick up at a more sustained level with monsoons and spurt in rural demand as also salary revisions.
With the month on month volatility in IIP however, it is no longer as reliable a measure of industrial trend in the country.
IIP on an 8-month high
Fund Manager Commentary
02
Economic Indicators
Retail inflation or consumer price inflation (CPI) caught many by surprise with its sharp trajectory. It touched a two-year high in July 2016,
mainly from food inflation. It also overshot the government's CPI target level.
With the CPI inching ahead to 6.07% in July (compared to 5.77% in the previous month), it is way above the central bank's target of 5% by
March 2017.
Food prices also hurt wholesale inflation or WPI (wholesale price inflation) triggering a sharp rise by 3.55% - which is near the two-year high.
The comparable number in June 2016 was 1.62%.
Evidently, unfavourable base effects combined with rise in global commodity prices have been hurting the inflation numbers.
Food inflation in particular has caused much of the escalation in overall prices. It is at a 30-month high of 11.8% with potatoes and pulses
rising appreciably by 58% and 35.7%, respectively.
Inflation in general and food inflation in particular is expected to temper over the months on expectations of a good harvest and should be
around 5% by the end of March 2016.
Inflation rises from spike in food prices
Consumer Price Index (CPI)
0
2
4
6
8
10
Feb-1
4M
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14
Apr-
14
May-1
4Jun-1
4Jul-14
Aug-1
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Nov-1
4D
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4Jan-1
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15
Apr-
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May-1
5Jun-1
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Aug-1
5S
ep-1
5O
ct-
15
Nov-1
5D
ec-1
5Jan-1
6F
eb-1
6M
ar-
16
Apr-
16
May-1
6Jun-1
6Jul-16
CPI Inflation (%)
Source: Bloomberg; Central Statistical Organization (CSO) India
Source: Bloomberg; Central Statistical Organization (CSO) India
Index of Industrial Production (IIP)
IIP YoY Growth (New Series; base 2004- 05)
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0.0%
2.0%
4.0%
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03
Fund Manager Commentary
GDP lowest in 5 quarters
Institutional Fund Flows
The country's GDP or gross domestic product in the first quarter of the financial year posted a disappointing 7.1% growth (7.5% in the
corresponding quarter last year). This is its slowest performance in 5 quarters. GDP had expanded 7.9% in the previous quarter (last quarter
of FY16), promising a solid performance on GDP for the current financial year.
GDP suffered setbacks on agriculture, mining and quarrying as also construction.
The gross fixed capital formation (GFCF), a barometer for private investment, slumped 3.1% in real terms over the first quarter. Corporates
are still waiting by the sidelines before they start investing. This means that there will have to be considerable progress in revisiting stalled
projects and boosting public investments.
On a positive note, the gross value added (GVA), a number that is adjusted for subsidies and taxes, grew at an improved 7.3% (7.4% in the
previous quarter)
Positive traction in equity markets continued driven by stable to improving domestic factors. Equity market valuations are currently trending
above historical averages but the premium of the midcap to largecap valuations have moved up significantly, with the former outperforming in
August as well. From a near term perspective equity markets seem to be discounting most of the positives, be it a normal monsoon or the
implementation of the key legislations including the GST bill. Macro data indicators have seen a steady improvement over the past 2 years,
however, corporate earnings are yet to see any significant momentum but we see a gradual improvement on that front as well. Key factors to
look out for in the short to medium term are the monsoon rainfall trends, as it draws to a close and the policy roadmap of the Government.
Given the current valuations, we expect equity markets to remain in a range bound manner with a slight negative bias in the short term. We
also need to be cautious on global cues such as incremental news flows around the 'Brexit' event or the US Federal Reserve rate decision
dynamics, among others. The deviation to the above near term view could come on the back of faster than expected rebound in the corporate
earnings and any positive surprises on the monetary policy front.
The appointment of Dr Urjit Patel came as a surprise to many who expected a dovish governor. With his appointment, the government sends
a signal to the international community that it is committed to rein in inflation.
Although rates were left unchanged in the latest announcement as widely expected, the accommodative stance of the central bank came as a
positive.Also the central bank is committed to the 5% CPI target for March 2017.
The central bank rolled out a series of initiatives in debt market like allowing domestic banks to issue 'masala bonds' and to accept corporate
bonds under the LAF or liquidity adjustment facility.
Meanwhile, long term spreads compressed further, making them attractive propositions. There was euphoria in the markets on the
announcement of the new 10-year benchmark.
Abalanced approach to growth and inflation continues to be the focus of the government with the appointment of the Dr. Patel.
As pointed out again by the central bank, it is imperative for banks to pass on the rate reduction to borrowers to spur credit growth, which is low
at present. This may help build some demand and expand capacities in the long run.
Markets have already factored in many of the positive news flows including rate cuts as inflation is expected to peak out once the positive
effects of monsoon percolate down.
We continue to make duration calls from news on liquidity and rate cuts with the short end in particular benefitting from higher accrual and
surplus liquidity.
External
The Foreign Institutional Investors (FIIs) net bought equities worth ~USD 1.46 billion during August 2016 and the net inflow from the FII
segment now stands at an impressive ~USD 6.11 billion for Calendar Year 2016. The Domestic Institutional Investors (DIIs) saw the third
consecutive month of outflows and experienced net outflows of ~USD 659 million driven by ~USD 943 million of outflows from the Insurance
segment. Domestic Mutual Funds on the other hand saw net buying to the tune of ~USD 284 million during the month. From a calendar year
to date perspective, DII tally of net buying has now turned negative at ~USD 256 million of net outflows.
The Federal Reserve deliberated over the recent job gains in the US labour market among other updates and how that would pan out in terms
of a rate hike. There is a view that at least one hike in the current year cannot be ruled out.
Market View
Global Economic Scenario
Equity Market Outlook
Debt Market – Update
Debt Market – Outlook
Source: Bloomberg, for all data except where mentioned otherwise
4.00%
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10.00%
Nov/0
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6
Repo Rate Movement
Repo Rate
04
Fund Manager Commentary
Consumer Discretionary
Consumer Staples
Energy
Financials
Healthcare
Industrials
Information Technology
Materials
Telecommunication
Utilities
Sectors HSBCEquityFund
HSBC IndiaOpportunities
Fund
HSBCMidcap
Equity Fund #
Overweight Underweight Neutral
# The S&P BSE Midcap Index was reconstituted in mid of April ’2015 and hence the relative sector positioning of the fund vs. the benchmark has changed.
Review: HSBC Equity FundPositive Contributors
Financials – being overweight & certain stock (s) selection helped performance
Telecommunication – being underweight helped performance
Consumer Staples – being underweight & certain stock (s) selection helped performance
Negative Contributors
Utilities – being underweight & certain stock (s) selection hurt performance
Review: HSBC India Opportunities Fund
Positive Contributors
Consumer Staples - being underweight & certain stock (s) selection helped performance
Telecommunication – being underweight helped performance
Negative Contributors
Energy, Utilities – being underweight hurt the performance
Review: HSBC Midcap Equity Fund
Positive Contributors
Information Technology - being underweight helped performance
Negative Contributors
Healthcare - being overweight & certain stock (s) selection hurt performance
Consumer Staples – being overweight hurt performance
Telecommunication & Utilities – being underweight hurt performance
Energy – certain stock (s) selection hurt performance
Review: HSBC Dynamic FundThe cash levels and sector allocation in the fund are likely to change depending on the market conditions and technical factors.
Review: HSBC MIP Regular and Savings PlansOur current exposure is 13.51% in HMIP Regular and 24.52%, in HMIP Savings. Currently it is more biased towards large caps than
mid or small caps.
HSBC Equity Fund (HEF)An Open Ended Diversified Equity Scheme
Investment Objective: Aims to generate long term capital growth from an actively managed portfolio of equity and equityrelated securities.
05
FUND DETAILS
Weighted Average Monthly Total Expenses ratios(Annualized)
Portfolio Turnover
Regular 2.43%
Direct Plan 1.71%
0.76
Excludes service tax on Investment Management fees of 0.21%of Total NetAssets.
Asset Allocation
Auto 10.16%AutoAncillaries 1.62%Banks 24.84%Cement 4.56%Construction 1.01%Construction Project 5.54%Consumer Non Durables 6.69%Finance 10.51%Gas 1.48%Pesticides 2.68%Petroleum Products 6.33%Pharmaceuticals 8.33%Power 1.87%Software 11.14%Transportation 1.76%Other Equity Investments 0.49%Reverse Repos/CBLOs 1.47%Net CurrentAssets -0.48%Total NetAssets 100.00%
Statistical ratios disclosed as per monthly returns (absolute) forthe last 3 years.
@ Effective from March 1, 2013 for prospective investments.
**Risk free rate: 6.54% (FIMMDA-NSE Mibor) as on August 31,2016)
Upon payment of dividend, the NAV per unit falls to the extent of payout and statutory levy, if any. Face value: 10 per unit.`
FUND PORTFOLIO
Auto
Auto Ancillaries
Banks
Cement
Construction
Construction Project
Consumer Non Durables
Finance
Gas
Pesticides
Petroleum Products
Pharmaceuticals
Power
Software
Transportation
Other Equity Investments 292.20 0.49%
Cash Equivalents
CBLO 830.41 1.39%
Reverse Repos 45.85 0.08%
Net Current Assets -279.13 -0.48%
Total Net Assets as on 31-Aug-2016 59,602.56 100.00%
Tata Motors 3,226.20 5.41%
Maruti Suzuki India 1,768.78 2.97%
Hero Motocorp 1,062.41 1.78%
Motherson Sumi Systems 967.65 1.62%
HDFC Bank 5,164.80 8.67%
ICICI Bank 3,741.00 6.28%
Yes Bank 3,073.73 5.16%
IndusInd Bank 2,075.85 3.48%
Axis Bank 746.06 1.25%
Ultratech Cement 2,014.35 3.38%
Grasim Industries 700.46 1.18%
J.Kumar Infraprojects 600.61 1.01%
Larsen & Toubro 1,739.89 2.92%
Voltas 1,561.20 2.62%
ITC 3,120.60 5.24%
Britannia Industries 865.14 1.45%
HDFC 1,756.81 2.95%
LIC Housing Finance 1,289.36 2.16%
Bajaj Finserv 1,186.92 1.99%
Bajaj Finance 1,101.11 1.85%
Shriram Transport Finance Co. 927.79 1.56%
Petronet LNG 879.63 1.48%
UPL 1,597.38 2.68%
Reliance Industries 2,650.00 4.45%
Castrol (India) 1,117.63 1.88%
Aurobindo Pharma 1,977.13 3.32%
Sun Pharmaceutical Industries 1,163.48 1.95%
Glenmark Pharmaceuticals 1,009.32 1.69%
Torrent Pharmaceuticals 815.98 1.37%
NTPC 1,114.75 1.87%
Infosys 3,625.48 6.08%
HCL Technologies 2,141.01 3.59%
Tata Consultancy Services 878.96 1.47%
Adani Ports & Special Economic Zone 1,051.80 1.76%
IssuerMarket Value
( in Lacs)`
% to NetAssets
Dividend DeclarationRecord Date / periodof dividend declared
Dividend ( per unit)Non-Institutional
` Dividend ( per unit)Institutional
` NAV ( ) per unit(cum dividend)
`
HSBC Equity Fund - Dividend
22-Feb-13 2.50000 2.50000 26.1962
27-Jun-14 2.50000 2.50000 31.2065
22-Feb-13 2.50000 2.50000 26.2505
27-Jun-14 2.50000 2.50000 31.5845
10-Nov-15 3.70000 3.70000 30.0806
10-Nov-15 3.70000 3.70000 29.4046
HSBC Equity Fund - Dividend - Direct Plan
Date of Allotment
Benchmark
NAV (Growth)(as on 31.08.16)
Monthly Average AUM
(In Lakhs)
Fund Manager
SIP
Minimum
Application Amount
Exit Load
Standard Deviation
Beta (Slope)
Sharpe Ratio**
per unit
@
Statistical Ratios
10-Dec-02
S&P BSE 200
164.8369
58,667.37
Neelotpal Sahai
Available
10,000
1,000 p.m.(SIP)
Nil
4.67%
`
`
`
1.0267
0.2592
Investors understand that their principalwill be at Moderately High risk
Riskometer
Mod
erately Moderate
Low
Hig
h
Low
High
LOW HIGH
Moderately
This product is suitable forinvestors who are seeking*:
• To create wealth over longterm
• Investment in equity andequity related securities
HSBC Equity Fund (HEF)
* Investors should consult their financial advisers if in doubt aboutwhether the product is suitable for them.
HSBC India Opportunities Fund (HIOF)
This product is suitable for investors who are seeking*:
�
�
�
Overnight liquidity over short term
Investment in Money Market Instruments
Low riskLOW RISK
(BLUE)
Note: Risk is represented as -
*Investors should consult their financial advisers if in doubt whether the product issuitable for them
06
FUND DETAILS
Weighted Average Monthly Total Expenses ratios(Annualized)
Portfolio Turnover
Regular 2.48%
Direct Plan 1.75%
0.52
Excludes service tax on Investment Management fees of 0.13%of Total NetAssets.
Asset Allocation
Auto 8.68%
Banks 24.85%
Cement 1.96%
Chemicals 2.41%
Construction 4.20%
Construction Project 1.21%
Consumer Durables 1.27%
Consumer Non Durables 4.75%
Finance 12.67%
Industrial Products 2.91%
Media & Entertainment 1.80%
Pesticides 2.59%
Petroleum Products 3.87%
Pharmaceuticals 8.15%
Software 10.73%
Textile Products 4.72%
Other Equity Investments 1.22%
Reverse Repos/CBLOs 3.18%
Net CurrentAssets -1.17%
Total NetAssets 100.00%
Statistical ratios disclosed as per monthly returns forthe last 3 years.
August 31
(absolute)
**Risk free rate: 6.54% (FIMMDA-NSE Mibor) as on ,2016)
@ Effective from March 1, 2013 for prospective investments.
Upon payment of dividend, the NAV per unit falls to the extent of payout and statutory levy, if any. Face value: 10 per unit.`
FUND PORTFOLIO
Auto
Banks
Cement
Chemicals
Construction
Construction Project
Consumer Durables
Consumer Non Durables
Finance
Industrial Products
Media & Entertainment
Pesticides
Petroleum Products
Pharmaceuticals
Software
Textile Products
Other Equity Investments 602.80 1.22%
Cash Equivalents
CBLO 1,484.45 3.01%
Reverse Repos 81.96 0.17%
Net Current Assets -572.32 -1.17%
Total Net Assets as on 31-Aug-2016 49,300.96 100.00%
Tata Motors 2,688.50 5.45%
Eicher Motors 1,592.57 3.23%
HDFC Bank 4,519.20 9.17%
Yes Bank 2,732.20 5.54%
ICICI Bank 2,322.00 4.71%
IndusInd Bank 1,779.30 3.61%
Axis Bank 895.28 1.82%
Heidelbergcement India 964.25 1.96%
Vinati Organics 1,190.60 2.41%
Somany Ceramics 737.50 1.50%
KNR Constructions 718.20 1.46%
Ahluwalia Contracts (India) 610.60 1.24%
Sadbhav Engineering 595.70 1.21%
Blue Star 626.44 1.27%
ITC 2,340.45 4.75%
Bajaj Finance 1,926.94 3.91%
Bharat Financial Inclusion 1,434.13 2.91%
Bajaj Finserv 1,186.92 2.41%
Manappuram Finance 853.00 1.73%
HDFC 843.27 1.71%
Supreme Industries 1,435.43 2.91%
Dish TV India 887.85 1.80%
UPL 1,277.90 2.59%
Reliance Industries 1,908.00 3.87%
Aurobindo Pharma 1,581.70 3.21%
Torrent Pharmaceuticals 1,387.16 2.81%
Glenmark Pharmaceuticals 1,051.38 2.13%
Infosys 3,107.55 6.30%
HCL Technologies 1,557.10 3.16%
Tata Consultancy Services 627.83 1.27%
Arvind 933.90 1.89%
Indian Terrain Fashions 806.85 1.64%
Welspun India 584.40 1.19%
IssuerMarket Value
( in Lacs)`
% to NetAssets
Dividend DeclarationRecord Date / periodof dividend declared
Dividend ( per unit)Non-Institutional
` Dividend ( per unit)Institutional
` NAV ( ) per unit(cum dividend)
`
HSBC India Opportunities Fund - Dividend
HSBC India Opportunities Fund - Dividend Direct Plan
27-Jun-14 1.50000 1.50000 23.2323
17-Mar-15 2.70000 2.70000 27.0820
27-Jun-14 1.50000 1.50000 23.5020
17-Mar-15 1.50000 1.50000 27.5575
10-Nov-15 1.50000 1.50000 21.8624
10-Nov-15 1.50000 1.50000 23.4738
An Open Ended Flexi-Cap Equity Scheme
Investment Objective: Seeks long term capital growth through investments across all market capitalisations, including small,mid and large cap stocks. It aims to be predominantly invested in equity & equity related securities. However it could move asignificant portion of its assets towards fixed income securities if the fund manager becomes negative on equity markets.
Date of Allotment
Benchmark
NAV (Growth)(as on 31 )
Fund Manager
SIP
Minimum
Application Amount
Exit Load
Standard Deviation
Beta (Slope)
Sharpe Ratio**
per unit.08.16
Monthly Average AUM
(In Lakhs)
@
Statistical Ratios
24-Feb-04
S&P BSE 500
72.1216
49,756.83
Neelotpal Sahai
Available
10,000
1,000 p.m.(SIP)
Nil
4.85%
1.0481
0.3765
`
`
`
Investors understand that their principalwill be at Moderately High risk
Riskometer
Mod
erately Moderate
Low
Hig
h
Low
High
LOW HIGH
Moderately
This product is suitable forinvestors who are seeking*:
• To create wealth over longterm
• Invests in equity and equityrelated securities acrossmarket capitalisations
HSBC India Opportunities Fund (HIOF)
* Investors should consult their financial advisers if in doubt aboutwhether the product is suitable for them.
HSBC Midcap Equity Fund (HMEF)
This product is suitable for investors who are seeking*:
�
�
�
Overnight liquidity over short term
Investment in Money Market Instruments
Low riskLOW RISK
(BLUE)
Note: Risk is represented as -
*Investors should consult their financial advisers if in doubt whether the product issuitable for them
07
FUND DETAILS
Weighted Average Monthly Total Expenses ratios(Annualized)
Portfolio Turnover
Regular 2.47%
Direct Plan 1.80%
0.35
Excludes service tax on Investment Management fees of 0.19%of Total NetAssets.
Asset Allocation
Statistical ratios disclosed as per monthly returns forthe last 3 years.
August 31
(absolute)
**Risk free rate: 6.54% (FIMMDA-NSE Mibor) as on ,2016)
@ Effective from March 1, 2013 for prospective investments.
Upon payment of dividend, the NAV per unit falls to the extent of payout and statutory levy, if any. Face value: 10 per unit.`
FUND PORTFOLIO
Auto
Auto Ancillaries
Cement
Chemicals
Construction
Construction Project
Consumer Non Durables
Finance
Industrial Capital Goods
Industrial Products
Media & Entertainment
Pesticides
Petroleum Products
Pharmaceuticals
Power
Software
Textile Products
Textiles - Synthetic
Other Equity Investments 2,058.94 5.12%
Cash Equivalents
CBLO 535.79 1.33%
Reverse Repos 29.58 0.07%
Net Current Assets -368.24 -0.90%
Total Net Assets as on 31-Aug-2016 40,247.27 100.00%
VST Tillers Tractors 1,469.46 3.65%
Apollo Tyres 622.37 1.55%
Deccan Cements 1,121.09 2.79%
Vinati Organics 1,691.68 4.20%
Navin Fluorine International 754.82 1.88%
Ahluwalia Contracts (India) 751.47 1.87%
IRB Infrastructure Developers 700.35 1.74%
Power Mech Projects 876.38 2.18%
CCL Products (India) 1,635.90 4.06%
Kaveri Seed Company 517.97 1.29%
Motilal Oswal Financial Services 2,049.92 5.09%
Manappuram Finance 2,005.40 4.98%
Cholamandalam Investment & Fin Co. 1,805.07 4.48%
Dewan Housing Finance Corporation 1,281.55 3.18%
Indiabulls Housing Finance 1,044.48 2.60%
Muthoot Finance 777.80 1.93%
Bharat Financial Inclusion 655.60 1.63%
Sanghvi Movers 1,218.33 3.03%
Inox Wind 675.82 1.68%
Finolex Industries 1,027.97 2.55%
Ramkrishna Forgings 801.35 1.99%
Jagran Prakashan 1,340.96 3.33%
Hindustan Media Ventures 1,140.66 2.83%
UPL 1,507.92 3.75%
PI Industries 627.61 1.56%
Gulf Oil Lubricants India 1,541.51 3.83%
Hindustan Petroleum Corporation 901.84 2.24%
GOCL Corporation 468.69 1.16%
Aurobindo Pharma 1,681.46 4.18%
Torrent Pharmaceuticals 906.34 2.25%
Wockhardt 776.77 1.93%
Kalpataru Power Transmission 422.79 1.05%
Sonata Software 934.80 2.32%
Welspun India 860.55 2.14%
Indian Terrain Fashions 503.48 1.25%
Sarla Performance Fibers 891.07 2.21%
IssuerMarket Value
( in Lacs)`
% to NetAssets
Dividend DeclarationRecord Date / periodof dividend declared
Dividend ( per unit)Non-Institutional
` Dividend ( per unit)Institutional
` NAV ( ) per unit(cum dividend)
`
HSBC Midcap Equity Fund - Dividend
11-Dec-09 1.00 1.00 13.8927
19-Nov-10 2.00 2.00 15.4864
10-Nov-15 2.50 2.50 20.1838
An Open Ended Diversified Equity Scheme
Investment Objective: Seeks to generate long term capital growth from an actively managed portfolio of equity and equityrelated securities primarily being midcap stocks. However, it could move a portion of its assets towards fixed income securitiesif the fund manager becomes negative on the Indian equity markets.
Date of Allotment
Benchmark
NAV (Growth)(as on 31 )
Fund Manager
SIP
Minimum
Application Amount
Exit Load
Standard Deviation
Beta (Slope)
Sharpe Ratio**
per unit.08.16
Monthly Average AUM
(In Lakhs)
@
Statistical Ratios
19-May-05
S&P BSE Midcap
44.0453
41,404.35
Dhiraj Sachdev
Available
10,000
1,000 p.m.(SIP)
Nil
5.99%
1.1126
0.4882
`
`
`
Investors understand that their principalwill be at Moderately High risk
Riskometer
Mod
erately Moderate
Low
Hig
h
Low
High
LOW HIGH
Moderately
This product is suitable forinvestors who are seeking*:• To create wealth over long
term• Invests in predominantly mid
cap equity and equity relatedsecurities
HSBC Midcap Equity Fund (HMEF)
* Investors should consult their financial advisers if in doubt aboutwhether the product is suitable for them.
Auto 3.65%
AutoAncillaries 1.55%
Cement 2.79%
Chemicals 6.08%
Construction 3.61%
Construction Project 2.18%
Consumer Non Durables 5.35%
Finance 23.89%
Industrial Capital Goods 4.71%
Industrial Products 4.54%
Media & Entertainment 6.16%
Pesticides 5.31%
Petroleum Products 7.23%
Pharmaceuticals 8.36%
Power 1.05%
Software 2.32%
Textile Products 3.39%
Textiles - Synthetic 2.21%
Other Equity Investments 5.12%
Reverse Repos/CBLOs 1.40%
Net CurrentAssets -0.90%
Total NetAssets 100.00%
HSBC Infrastructure Equity Fund (HIEF)
This product is suitable for investors who are seeking*:
�
�
�
Overnight liquidity over short term
Investment in Money Market Instruments
Low riskLOW RISK
(BLUE)
Note: Risk is represented as -
*Investors should consult their financial advisers if in doubt whether the product issuitable for them
08
FUND DETAILS
Date of Allotment
Benchmark
NAV (Growth)(as on 31 )
Fund Manager
SIP
Minimum
Application Amount
Exit Load
Standard Deviation
Beta
Sharpe Ratio**
per unit.08.16
Monthly Average AUM
(In Lakhs)
(Slope)
@
Statistical Ratios
23-Feb-06
S&P BSE 200
17.7633
11,416.74
Dhiraj Sachdev
Available
10,000
1,000 p.m.(SIP)
Nil
7.08%
1.3510
0.3077
`
`
`
Weighted Average Monthly Total Expenses ratios(Annualized)
Portfolio Turnover
Regular 2.67%
Direct Plan 1.96%
0.25
Excludes service tax on Investment Management fees of 0.25%of Total NetAssets.
Asset Allocation
Banks 4.64%
Cement 6.37%
Construction 13.48%
Construction Project 2.51%
Ferrous Metals 1.50%
Finance 4.96%
Gas 3.42%
Industrial Capital Goods 10.18%
Industrial Products 6.09%
Minerals/Mining 2.23%
Oil 1.44%
Petroleum Products 11.09%
Power 18.39%
Transportation 9.75%
Other Equity Investments 3.10%
Reverse Repos/CBLOs 1.38%
Net CurrentAssets -0.53%
Total NetAssets 100.00%
Statistical ratios disclosed as per monthly returns forthe last 3 years.
August 31
(absolute)
**Risk free rate: 6.54% (FIMMDA-NSE Mibor) as on ,2016)
@ Effective from March 1, 2013 for prospective investments.
Upon payment of dividend, the NAV per unit falls to the extent of payout and statutory levy, if any. Face value: 10 per unit.`
FUND PORTFOLIO
Banks
Cement
Construction
Construction Project
Ferrous Metals
Finance
Gas
Industrial Capital Goods
Industrial Products
Minerals/Mining
Oil
Petroleum Products
Power
Transportation
Other Equity Investments 358.20 3.10%
Cash Equivalents
CBLO 150.56 1.31%
Reverse Repos 8.31 0.07%
Net Current Assets -63.20 -0.53%
Total Net Assets as on 31-Aug-2016 11,524.92 100.00%
Jammu & Kashmir Bank 284.35 2.47%
Karnataka Bank 249.98 2.17%
Deccan Cements 457.10 3.97%
Everest Industries 276.15 2.40%
IRB Infrastructure Developers 514.50 4.46%
Ahluwalia Contracts (India) 424.53 3.68%
NBCC India 329.23 2.86%
KNR Constructions 286.33 2.48%
Larsen & Toubro 151.30 1.31%
Power Mech Projects 138.38 1.20%
Jindal Saw 173.06 1.50%
Rural Electrification Corporation 572.04 4.96%
Gujarat State Petronet 394.68 3.42%
Sanghvi Movers 538.84 4.68%
BEML 360.62 3.13%
Inox Wind 272.96 2.37%
FAG Bearings India 424.99 3.69%
KEI Industries 276.80 2.40%
Gujarat Mineral Development Corporation 257.25 2.23%
Aban Offshore 165.43 1.44%
Hindustan Petroleum Corporation 834.81 7.24%
Indian Oil Corporation 444.21 3.85%
Adani Transmission 576.38 5.00%
Power Grid Corporation of India 505.18 4.38%
Reliance Infrastructure 378.87 3.29%
PTC India 270.19 2.34%
JSW Energy 202.02 1.75%
RattanIndia Power 187.98 1.63%
Adani Ports & Special Economic Zone 515.38 4.47%
Gateway Distriparks 341.74 2.97%
Gujarat Pipavav Port 265.77 2.31%
IssuerMarket Value
( in Lacs)`
% to NetAssets
Dividend DeclarationRecord Date / periodof dividend declared
Dividend ( per unit)Non-Institutional
` Dividend ( per unit)Institutional
` NAV ( ) per unit(cum dividend)
`
HSBC Infrastructure Equity Fund Dividend
11-May-07 1.00 1.00 12.2390
26-May-08 1.00 1.00 13.7160
An Open Ended Equity Scheme
Investment Objective: Seeks to generate long term capital growth from an actively managed portfolio of equity and equityrelated securities by investing primarily in sectors, areas and themes that play an important role in, and/or benefit from India'sprogress, reform process and economic development.
Investors understand that their principalwill be at High risk
Riskometer
Mod
erately Moderate
Low
Hig
h
Low
High
LOW HIGH
Moderately
This product is suitable forinvestors who are seeking*:
• To create wealth over longterm
• Invests in equity and equityrelated securities, primarily inthemes that play an importantrole in India's economicdevelopment
HSBC Infrastructure Equity Fund (HIEF)
* Investors should consult their financial advisers if in doubt aboutwhether the product is suitable for them.
HSBC Tax Saver Equity Fund (HTSF)
09
FUND DETAILS
Date of Allotment
Benchmark
NAV (Growth)(as on 31 )
Fund Manager
SIP
Minimum
Application Amount
Exit Load
Standard Deviation
Beta (Slope)
Sharpe Ratio**
per unit.08.16
Monthly Average AUM
(In Lakhs)
@
Statistical Ratios
05-Jan-07
S&P BSE 200
29.6652
17,660.69
Aditya Khemani
Available
500
(Lumpsum & SIP)
Nil
4.89%
1.0512
0.3574
`
`
Weighted Average Monthly Total Expenses ratios(Annualized)
Portfolio Turnover
Regular 2.60%
Direct Plan 1.89%
0.46
Excludes service tax on Investment Management fees of 0.22%of Total NetAssets.
Asset Allocation
Auto 5.77%
AutoAncillaries 2.01%
Banks 28.30%
Cement 4.75%
Construction 3.71%
Consumer Durables 3.74%
Consumer Non Durables 5.18%
Finance 5.80%
Industrial Capital Goods 2.75%
Pesticides 1.50%
Petroleum Products 3.09%
Pharmaceuticals 7.57%
Software 9.18%
Textile Products 5.58%
Transportation 3.23%
Other Equity Investments 3.16%
Reverse Repos/CBLOs 6.31%
Net CurrentAssets -1.63%
Total NetAssets 100.00%
Statistical ratios disclosed as per monthly returns forthe last 3 years.
August 31
(absolute)
**Risk free rate: 6.54% (FIMMDA-NSE Mibor) as on ,2016)
@ Effective from March 1, 2013 for prospective investments.
Upon payment of dividend, the NAV per unit falls to the extent of payout and statutory levy, if any. Face value: 10 per unit.`
FUND PORTFOLIO
Auto
Auto Ancillaries
Banks
Cement
Construction
Consumer Durables
Consumer Non Durables
Finance
Industrial Capital Goods
Pesticides
Petroleum Products
Pharmaceuticals
Software
Textile Products
Transportation
Other Equity Investments 565.27 3.16%
Cash Equivalents
CBLO 1,068.84 5.98%
Reverse Repos 59.01 0.33%
Net Current Assets -290.32 -1.63%
Total Net Assets as on 31-Aug-2016 17,864.32 100.00%
Maruti Suzuki India 744.55 4.17%
Tata Motors 286.36 1.60%
Exide Industries 359.48 2.01%
HDFC Bank 1,706.97 9.56%
ICICI Bank 1,260.33 7.06%
IndusInd Bank 830.34 4.65%
Axis Bank 528.21 2.96%
Federal Bank 448.33 2.51%
Jammu & Kashmir Bank 277.88 1.56%
Ultratech Cement 475.39 2.66%
The Ramco Cements 373.57 2.09%
Somany Ceramics 387.83 2.17%
Ahluwalia Contracts (India) 274.77 1.54%
Crompton Greaves Consumer Electrical 382.22 2.14%
Blue Star 285.66 1.60%
ITC 556.24 3.11%
United Spirits 370.09 2.07%
HDFC 541.10 3.03%
LIC Housing Finance 495.28 2.77%
V-Guard Industries 491.67 2.75%
UPL 268.36 1.50%
Reliance Industries 551.20 3.09%
Torrent Pharmaceuticals 489.59 2.74%
Aurobindo Pharma 363.79 2.04%
Sun Pharmaceutical Industries 265.27 1.48%
Lupin 233.45 1.31%
Infosys 909.48 5.09%
Tata Consultancy Services 419.39 2.35%
HCL Technologies 311.42 1.74%
SRF 399.39 2.24%
Indian Terrain Fashions 348.07 1.95%
Arvind 249.04 1.39%
Gateway Distriparks 305.96 1.71%
Adani Ports & Special Economic Zone 270.84 1.52%
IssuerMarket Value
( in Lacs)`
% to NetAssets
Dividend DeclarationRecord Date / periodof dividend declared
Dividend ( per unit)Non-Institutional
` Dividend ( per unit)Institutional
` NAV ( ) per unit(cum dividend)
`
HSBC Tax Saver Equity Fund Dividend
HSBC Tax Saver Equity Fund Dividend Direct
17-Oct-14 1.50000 1.50000 22.1053
17-Mar-15 2.50000 2.50000 23.9029
23-Mar-16 1.50000 1.50000 19.9950
23-Mar-16 1.50000 1.50000 19.4675
17-Oct-14 1.50000 1.50000 22.4083
17-Mar-15 2.50000 2.50000 24.3256
An Open Ended Equity Linked Savings Scheme (ELSS)
Investment Objective: Aims to provide long term capital appreciation by investing in a diversified portfolio of equity & equityrelated instruments of companies across various sectors and industries, with no capitalisation bias. The Fund may also investin fixed income securities.
Investors understand that their principalwill be at Moderately High risk
Riskometer
Mod
erately Moderate
Low
Hig
h
Low
High
LOW HIGH
Moderately
This product is suitable forinvestors who are seeking*:• To create wealth over long
term• Invests in equity and equity
related securities with nomarket capitilastion bias
HSBC Tax Saver Equity Fund (HTSF)
* Investors should consult their financial advisers if in doubt aboutwhether the product is suitable for them.
HSBC Dynamic Fund (HDF)
10
FUND DETAILS
Date of Allotment
Benchmark
NAV (Growth)(as on 31 )
Fund Managers
SIP
Minimum
Application Amount
Exit Load
Standard Deviation
Beta (Slope)
Sharpe Ratio**
per unit.08.16
Monthly Average AUM
(In Lakhs)
@
Statistical Ratios
24-Sep-07
S&P BSE 200
15.0261
5,289.97
Neelotpal Sahai
(for Equity portion)
Sanjay Shah
(for Fixed Income portion)
Available
10,000
1,000 p.m.(SIP)
Nil
`
`
`
3.53%
0.7729
0.2556
Weighted Average Monthly Total Expenses ratios(Annualized)
Portfolio Turnover
Regular 2.68%
Direct Plan 1.98%
Excludes service tax on Investment Management fees of 0.26%of Total NetAssets.
0.72
Asset Allocation
Auto 9.42%
Banks 19.86%
Cement 3.42%
Construction Project 4.13%
Consumer Non Durables 11.62%
Finance 3.97%
Petroleum Products 6.59%
Pharmaceuticals 6.04%
Power 2.65%
Software 8.82%
Telecom - Services 1.56%
Transportation 1.98%
Reverse Repos/CBLOs 19.34%
Net CurrentAssets 0.60%
Total NetAssets 100.00%
Statistical ratios disclosed as per monthly returns forthe last 3 years.
August 31
(absolute)
**Risk free rate: 6.54% (FIMMDA-NSE Mibor) as on ,2016)
@ Effective from March 1, 2013 for prospective investments.
FUND PORTFOLIO
IssuerMarket Value
( in Lacs)`
% to NetAssets
An Open Ended Scheme
Investment Objective: To provide long term capital appreciation by allocating funds in equity and equity related instruments. It
also has the flexibility to move, entirely if required, into debt instruments in times that the view on equity markets seems negative.
Auto
Banks
Cement
Construction Project
Consumer Non Durables
Finance
Petroleum Products
Pharmaceuticals
Power
Software
Telecom - Services
Transportation
Cash Equivalents
CBLO 972.88 18.33%
Reverse Repos 53.71 1.01%
Net Current Assets 32.29 0.60%
Total Net Assets as on 31-Aug-2016 5,308.53 100.00%
Tata Motors 241.97 4.56%
Maruti Suzuki India 151.61 2.86%
Hero Motocorp 106.24 2.00%
HDFC Bank 387.36 7.30%
ICICI Bank 283.80 5.35%
Yes Bank 204.92 3.86%
IndusInd Bank 177.93 3.35%
Ultratech Cement 181.29 3.42%
Larsen & Toubro 219.38 4.13%
ITC 312.06 5.88%
Asian Paints 185.26 3.49%
Hindustan Unilever 119.22 2.25%
HDFC 210.82 3.97%
Reliance Industries 349.80 6.59%
Sun Pharmaceutical Industries 217.18 4.09%
Lupin 103.75 1.95%
NTPC 140.94 2.65%
Infosys 258.96 4.88%
Tata Consultancy Services 150.68 2.84%
HCL Technologies 58.39 1.10%
Bharti Airtel 82.91 1.56%
Adani Ports & Special Economic Zone 105.18 1.98%
Investors understand that their principalwill be at Moderately High risk
Riskometer
Mod
erately Moderate
Low
Hig
h
Low
High
LOW HIGH
Moderately
This product is suitable forinvestors who are seeking*:
• To create wealth over longterm
• Invests in equity and equityrelated securities and in debtinstruments when view onequity markets is negative
HSBC Dynamic Fund (HDF)
* Investors should consult their financial advisers if in doubt aboutwhether the product is suitable for them.
HSBC Dividend Yield Equity Fund (HDYEF)
This product is suitable for investors who are seeking*:
�
�
�
Overnight liquidity over short term
Investment in Money Market Instruments
Low riskLOW RISK
(BLUE)
Note: Risk is represented as -
*Investors should consult their financial advisers if in doubt whether the product issuitable for them
11
FUND DETAILS
Date of Allotment
Benchmark
NAV (Growth)(as on 31 )
Fund Managers
SIP
Minimum
Application Amount
Exit Load
Standard Deviation
Beta (Slope)
Sharpe Ratio**
per unit.08.16
Monthly Average AUM
(In Lakhs)
@
Statistical Ratios
21-Mar-07
S&P BSE 200
17.7317
4,062.88
Gautam Bhupal &
Amaresh Mishra
Available
10,000
1,000 p.m.(SIP)
Nil
4.32%
0.9493
0.3090
`
`
`
Weighted Average Monthly Total Expenses ratios(Annualized)
Portfolio Turnover
Regular 2.34%
Direct Plan 1.63%
0.23
Excludes service tax on Investment Management fees of 0.20%of Total NetAssets.
Asset Allocation
Auto 8.15%
AutoAncillaries 2.84%
Banks 20.16%
Cement 1.84%
Chemicals 2.06%
Construction Project 1.97%
Consumer Non Durables 9.72%
Finance 10.32%
Industrial Capital Goods 3.07%
Minerals/Mining 2.05%
Non - Ferrous Metals 2.69%
Oil 2.71%
Petroleum Products 5.47%
Pharmaceuticals 3.70%
Power 3.73%
Software 13.82%
Transportation 3.26%
Other Equity Investments 1.34%
Reverse Repos/CBLOs 0.40%
Net CurrentAssets 0.70%
Total NetAssets 100.00%
Statistical ratios disclosed as per monthly returns forthe last 3 years.
August 31
(absolute)
**Risk free rate: 6.54% (FIMMDA-NSE Mibor) as on ,2016)
@ Effective from March 1, 2013 for prospective investments.
FUND PORTFOLIO
IssuerMarket Value
( in Lacs)`
% to NetAssets
An Open Ended Equity Scheme
Investment Objective: The Scheme aims to generate dividend yield and capital appreciation by primarily investing into
equities and equity related securities of domestic Indian companies.
Auto
Auto Ancillaries
Banks
Cement
Chemicals
Construction Project
Consumer Non Durables
Finance
Industrial Capital Goods
Minerals/Mining
Non - Ferrous Metals
Oil
Petroleum Products
Pharmaceuticals
Power
Software
Transportation
Other Equity Investments 54.51 1.34%
Cash Equivalents
CBLO 15.25 0.38%
Reverse Repos 0.84 0.02%
Net Current Assets 28.67 0.70%
Total Net Assets as on 31-Aug-2016 4,057.21 100.00%
Hero Motocorp 178.84 4.41%
Maruti Suzuki India 151.61 3.74%
MRF 115.29 2.84%
ICICI Bank 326.63 8.05%
HDFC Bank 180.77 4.46%
Karur Vysya Bank 159.60 3.93%
Axis Bank 100.27 2.47%
Jammu & Kashmir Bank 50.76 1.25%
Deccan Cements 74.68 1.84%
Tata Chemicals 83.42 2.06%
Larsen & Toubro 79.81 1.97%
ITC 300.79 7.41%
Hindustan Unilever 93.57 2.31%
HDFC 154.60 3.81%
Manappuram Finance 133.07 3.28%
Indiabulls Housing Finance 131.07 3.23%
V-Guard Industries 124.70 3.07%
Coal India 83.38 2.05%
Hindustan Zinc 109.19 2.69%
Oil & Natural Gas Corporation 109.88 2.71%
Bharat Petroleum Corporation 168.73 4.16%
Reliance Industries 53.00 1.31%
Lupin 80.42 1.98%
Sun Pharmaceutical Industries 69.81 1.72%
NTPC 151.29 3.73%
Infosys 283.93 7.00%
HCL Technologies 138.58 3.42%
Tata Consultancy Services 138.12 3.40%
Gateway Distriparks 72.98 1.80%
Adani Ports & Special Economic Zone 59.16 1.46%
Investors understand that their principalwill be at Moderately High risk
Riskometer
Mod
erately Moderate
Low
Hig
h
Low
High
LOW HIGH
Moderately
This product is suitable forinvestors who are seeking*:• To create wealth over long
term• Invests in equity and equity
r e l a t e d s e c u r i t i e s o fcompanies facing "out-of-ordinary" conditions
HSBC Dividend Yield Equity Fund (HDYEF)
* Investors should consult their financial advisers if in doubt aboutwhether the product is suitable for them.
HSBC Emerging Markets Fund (HEMF)
This product is suitable for investors who are seeking*:
�
�
�
Overnight liquidity over short term
Investment in Money Market Instruments
Low riskLOW RISK
(BLUE)
Note: Risk is represented as -
*Investors should consult their financial advisers if in doubt whether the product issuitable for them
12
FUND DETAILS
Weighted Average Monthly Total Expenses ratios(Annualized)
Regular 2.69%
Direct Plan 1.99%
(inclusive of underlying scheme's expenses)
Excludes service tax on Investment Management fees of 0.12%of Total NetAssets.
Asset Allocation
Overseas Mutual Fund 97.74%
Reverse Repos/CBLOs 2.73%
Net CurrentAssets -0.47%
Total NetAssets 100.00%
Statistical ratios disclosed as per monthly returns forthe last 3 years.
August 31
(absolute)
**Risk free rate: 6.54% (FIMMDA-NSE Mibor) as on ,2016)
@ Effective from March 1, 2013 for prospective investments.
Upon payment of dividend, the NAV per unit falls to the extent of payout and statutory levy, if any. Face value: 10 per unit.`
FUND PORTFOLIO
Overseas Mutual Fund
Cash Equivalents
CBLO 24.22 2.59%
Reverse Repos 1.34 0.14%
Net Current Assets -4.43 -0.47%
Total Net Assets as on 31-Aug-2016 934.84 100.00%
HSBC GIF Glob Emerg Mkts Eq S1 Dis 913.71 97.74%
IssuerMarket Value
( in Lacs)`
% to NetAssets
An Open Ended Scheme
Investment Objective: To provide long term capital appreciation by investing in India and in the emerging markets, in equityand equity related instruments, share classes and units/securities issued by overseas mutual funds or unit trusts. The fund mayalso invest a limited proportion in domestic debt and money market instruments.
Date of Allotment
Benchmark
NAV (Growth)(as on 31 )
Fund Manager
SIP
Minimum
Application Amount
Exit Load
Standard Deviation
Beta (Slope)
Sharpe Ratio**
per unit.08.16
Monthly Average AUM
(In Lakhs)
@
Statistical Ratios
17-Mar-08
MSCI EmergingMarkets Index
11.3196
937.78
Anitha Rangan(Dedicated fund
manager foroverseas
investments)
Available
10,000
1,000 p.m.(SIP)
Nil
4.27%
1.1610
0.0110
`
`
`
Dividend DeclarationRecord Date / periodof dividend declared
Dividend ( per unit)Non-Institutional
` Dividend ( per unit)Institutional
` NAV ( ) per unit(cum dividend)
`
HSBC - Emerging Market Fund - Dividend
HSBC - Emerging Market Fund - Dividend - Direct Plan
27-Jun-14 0.50000 0.50000 11.5335
27-Jun-14 0.50000 0.50000 11.6656
Investors understand that their principalwill be at High risk
Riskometer
Mod
erately Moderate
Low
Hig
h
Low
High
LOW HIGH
Moderately
This product is suitable forinvestors who are seeking*:
• To create wealth over longterm
• Investment in equity andequity related securities ofEmerging economies
HSBC Emerging Markets Fund (HEMF)
* Investors should consult their financial advisers if in doubt aboutwhether the product is suitable for them.
HSBC Asia Pacific (Ex Japan)Dividend Yield Fund (HAPDF)
This product is suitable for investors who are seeking*:
�
�
�
Overnight liquidity over short term
Investment in Money Market Instruments
Low riskLOW RISK
(BLUE)
Note: Risk is represented as -
*Investors should consult their financial advisers if in doubt whether the product issuitable for them
13
FUND DETAILS
Weighted Average Monthly Total Expenses ratios(Annualized)
Regular 2.28%
Direct Plan 1.58%
(inclusive of underlying scheme's expenses)
Excludes service tax on Investment Management fees of 0.07%of Total NetAssets.
Asset Allocation
Overseas Mutual Fund 101.85%
Reverse Repos/CBLOs 1.79%
Net CurrentAssets -3.64%
Total NetAssets 100.00%
@ Effective from March 1, 2013 for prospective investments.
FUND PORTFOLIO
Overseas Mutual Fund
HSBC GIF ASIA PACIFIC EX JAPAN EQ HD-S9D 1,097.06 101.85%
Cash Equivalents
CBLO 18.27 1.70%
Reverse Repos 1.01 0.09%
Net Current Assets -39.22 -3.64%
Total Net Assets as on 31-Aug-2016 1,077.12 100.00%
IssuerMarket Value
( in Lacs)`
% to NetAssets
An Open Ended Fund of Funds Scheme
Investment Objective: The primary investment objective of the Scheme is to provide long term capital appreciation byinvesting predominantly in units of HSBC Global Investment Funds (HGIF) Asia Pacific Ex Japan Equity High Dividend Fund(HEHDF). The Scheme may also invest a certain proportion of its corpus in money market instruments and / or units of liquidmutual fund schemes, in order to meet liquidity requirements from time to time. However, there is no assurance that theinvestment objective of the Scheme will be achieved.
Date of Allotment
Benchmark
NAV (Growth)(as on 31 )
Fund Manager
SIP
Minimum
Application Amount
Exit Load
per unit.08.16
Monthly Average AUM
(In Lakhs)
@
24-Feb-14
MSCI AC Asia Pacific
ex Japan
Anitha Rangan (foroverseas investments),
Sanjay Shah (forinvestments in Indian
Market)
Available
10,000
1,000 p.m.(SIP)
Nil
`
`
`
10.9878
1,165.40
Investors understand that their principalwill be at High risk
RiskometerRiskometer
Mod
erately
Mod
erately ModerateModerate
Low
Low
Hig
hH
igh
Low
Low
HighHigh
LOWLOW HIGHHIGH
Moderately
Moderately
This product is suitable forinvestors who are seeking*:
• To create wealth over longterm
• Investment in equity and equityrelated securities of Asia Pacificcountries (excluding Japan)through fund of funds route
HSBC Asia Pacific (Ex Japan)Dividend Yield Fund (HAPDF)
* Investors should consult their financial advisers if in doubt aboutwhether the product is suitable for them.
HSBC Brazil Fund (HBF)
This product is suitable for investors who are seeking*:
�
�
�
Overnight liquidity over short term
Investment in Money Market Instruments
Low riskLOW RISK
(BLUE)
Note: Risk is represented as -
*Investors should consult their financial advisers if in doubt whether the product issuitable for them
14
FUND DETAILS
Weighted Average Monthly Total Expenses ratios(Annualized)
Regular 2.68%
Direct Plan 1.98%
(inclusive of underlying scheme's expenses)
Excludes service tax on Investment Management fees of 0.15%of Total NetAssets.
Asset Allocation
Overseas Mutual Fund 97.46%
Reverse Repos/CBLOs 3.36%
Net CurrentAssets -0.82%
Total NetAssets 100.00%
Statistical ratios disclosed as per monthly returns forthe last 3 years.
August 31
(absolute)
**Risk free rate: 6.54% (FIMMDA-NSE Mibor) as on ,2016)
@ Effective from March 1, 2013 for prospective investments.
FUND PORTFOLIO
Overseas Mutual Fund
HSBC GIF BRAZIL EQUITY S3D 2,916.70 97.46%
Cash Equivalents
CBLO 95.26 3.18%
Reverse Repos 5.26 0.18%
Net Current Assets -24.42 -0.82%
Total Net Assets as on 31-Aug-2016 2,992.80 100.00%
IssuerMarket Value
( in Lacs)`
% to NetAssets
An Open-Ended Fund of Funds Scheme
Investment Objective: The primary investment objective of the Scheme is to provide long term capital appreciation byinvesting predominantly in units/shares of HSBC Global Investment Funds (HGIF) Brazil Equity Fund. The Scheme may, at thediscretion of the Investment Manager, also invest in the units of other similar overseas mutual fund schemes, which mayconstitute a significant part of its corpus. The Scheme may also invest a certain proportion of its corpus in money marketinstruments and/or units of liquid mutual fund schemes, in order to meet liquidity requirements from time to time.
Date of Allotment
Benchmark
NAV (Growth)(as on 31 )
Fund Manager
SIP
Minimum
Application Amount
Exit Load
Standard Deviation
Beta (Slope)
Sharpe Ratio**
per unit.08.16
Monthly Average AUM
(In Lakhs)
@
Statistical Ratios
06-May-11
MSCI Brazil 10/40 Index
6.6690
3,060.73
Anitha Rangan(Dedicated fund
manager for overseasinvestments)
Available
10,000
1,000 p.m.(SIP)
Nil
10.17%
0.8820
-0.0350
`
`
`
Investors understand that their principalwill be at High risk
Riskometer
Mod
erately Moderate
Low
Hig
h
Low
High
LOW HIGH
Moderately
This product is suitable forinvestors who are seeking*:
• To create wealth over longterm
• Invests in equity and equityrelated securities throughfeeder route in Brazilianmarkets
HSBC Brazil Fund (HBF)
* Investors should consult their financial advisers if in doubt aboutwhether the product is suitable for them.
HSBC Managed Solutions India - Growth (HMSG)
This product is suitable for investors who are seeking*:
�
�
�
Overnight liquidity over short term
Investment in Money Market Instruments
Low riskLOW RISK
(BLUE)
Note: Risk is represented as -
*Investors should consult their financial advisers if in doubt whether the product issuitable for them
15
FUND DETAILS
Weighted Average Monthly Total Expenses ratios(Annualized)
Regular 2.37%
Direct Plan 2.10%
(inclusive of underlying scheme's expenses)
Excludes service tax on Investment Management fees of 0.00%of Total Net Assets and of 0.21% on the underlying scheme's inwhich the fund of fund invests.
Asset Allocation
Mutual Fund 99.45%
Reverse Repos/CBLOs 0.74%
Net CurrentAssets -0.19%
Total NetAssets 100.00%
@ Effective from March 1, 2013 for prospective investments.
FUND PORTFOLIO
Mutual Fund
Cash Equivalents
CBLO 93.81 0.70%
Reverse Repos 5.18 0.04%
Net Current Assets -27.18 -0.19%
Total Net Assets as on 31-Aug-2016 13,372.67 100.00%
HSBC Equity Fund - Growth Direct 8,050.94 60.20%
HSBC Midcap Equity Fund - Growth Direct 2,606.64 19.49%
HSBC Income Fund Short Term - Growth Direct 1,510.86 11.30%
HSBC Income Fund Inv Plan Growth Direct 754.66 5.64%
HSBC Flexi Debt Fund Growth Direct 377.77 2.82%
IssuerMarket Value
( in Lacs)`
% to NetAssets
An Open Ended Fund of Funds Scheme
Investment Objective: The objective of the Plan is to provide long term total return primarily by seeking capital appreciationthrough an active asset allocation with diversification commensurate with the risk profile of investments by investingpredominantly in units of equity mutual funds as well as in a basket of debt mutual funds gold exchange traded funds (ETFs) andother ETFs, offshore mutual funds and money market instruments.
Date of Allotment
Benchmark
NAV (Growth)(as on 31 )
Fund Managers
SIP
Minimum
Application Amount
Exit Load
per unit.08.16
Monthly Average AUM
(In Lakhs)
@
30-Apr-14
Composite Index constituting80% of S&P BSE 200 Index
and 20% of CRISILBond Index
14.4575
13,219.09
Anitha Rangan (DedicatedFund Manager for investments
in foreign securities)
Gautam Bhupal (For managinginvestments in Indian Market –
Equity Portion)
Sanjay Shah (For managinginvestments in Indian Market –
Fixed Income Portion)
Available
5,000
1,000 p.m.(SIP)
Nil
Composite
`
`
`
Investors understand that their principalwill be at Moderately High risk
Riskometer
M
oderately Moderate
Low
Hig
h
Low
High
LOW HIGH
Moderately
This product is suitable forinvestors who are seeking*:
• To create wealth over long term
• Investing predominantly in unitsof equity mutual funds as well asin a basket of debt mutual funds,gold & exchange traded funds,offshore mutual funds andmoney market instruments.
HSBC Managed Solutions India - Growth
* Investors should consult their financial advisers if in doubt aboutwhether the product is suitable for them.
HSBC Managed Solutions India - Moderate (HMSM)
This product is suitable for investors who are seeking*:
�
�
�
Overnight liquidity over short term
Investment in Money Market Instruments
Low riskLOW RISK
(BLUE)
Note: Risk is represented as -
*Investors should consult their financial advisers if in doubt whether the product issuitable for them
16
FUND DETAILS
Weighted Average Monthly Total Expenses ratios(Annualized)
Regular 2.34%
Direct Plan 2.09%
(inclusive of underlying scheme's expenses)
Excludes service tax on Investment Management fees of 0.02%of Total Net Assets and of 0.19% on the underlying scheme's inwhich the fund of fund invests.
Asset Allocation
Mutual Fund 99.42%
Reverse Repos/CBLOs 0.84%
Net CurrentAssets -0.26%
Total NetAssets 100.00%
@ Effective from March 1, 2013 for prospective investments.
FUND PORTFOLIO
Mutual Fund
Cash Equivalents
CBLO 160.99 0.80%
Reverse Repos 8.89 0.04%
Net Current Assets -51.67 -0.26%
Total Net Assets as on 31-Aug-2016 20,187.96 100.00%
HSBC Equity Fund - Growth Direct 9,967.54 49.37%
HSBC Income Fund Short Term - Growth Direct 3,811.63 18.88%
HSBC Midcap Equity Fund - Growth Direct 3,164.75 15.68%
HSBC Flexi Debt Fund Growth Direct 2,106.79 10.44%
HSBC Income Fund Inv Plan Growth Direct 1,019.04 5.05%
IssuerMarket Value
( in Lacs)`
% to NetAssets
An Open Ended Fund of Funds Scheme
Investment Objective: The objective of the fund is to provide long term total return aimed at capital appreciation and providingincome through an active asset allocation with diversification commensurate with the risk profile of investments by investing in abasket of debt mutual funds, equity mutual funds, gold ETFs and other ETFs, offshore mutual funds and money marketinstruments.
Date of Allotment
Benchmark
NAV (Growth)(as on 31 )
Fund Managers
SIP
Minimum
Application Amount
Exit Load
per unit.08.16
Monthly Average AUM
(In Lakhs)
@
30-Apr-14
CRISIL Balanced FundAggressive
13.9843
20,028.10
Anitha Rangan (DedicatedFund Manager for investments
in foreign securities)Gautam Bhupal (For managinginvestments in Indian Market –
Equity Portion)
Sanjay Shah (For managinginvestments in Indian Market –
Fixed Income Portion)
Available
5,000
1,000 p.m.(SIP)
Nil
Index
`
`
`
Investors understand that their principalwill be at Moderately High risk
Riskometer
Mod
erately Moderate
Low
Hig
h
Low
High
LOW HIGH
Moderately
This product is suitable forinvestors who are seeking*:
• To create wealth and provideincome over the long term
• Investments in a basket of debtmutual funds, equity mutualfunds, gold & exchange tradedfunds, offshore mutual fundsand money market instruments.
HSBC Managed Solutions India - Moderate
* Investors should consult their financial advisers if in doubt aboutwhether the product is suitable for them.
HSBC Managed Solutions India - Conservative (HMSC)
This product is suitable for investors who are seeking*:
�
�
�
Overnight liquidity over short term
Investment in Money Market Instruments
Low riskLOW RISK
(BLUE)
Note: Risk is represented as -
*Investors should consult their financial advisers if in doubt whether the product issuitable for them
17
FUND DETAILS
Weighted Average Monthly Total Expenses ratios(Annualized)
Regular 1.63%
Direct Plan 1.38%
(inclusive of underlying scheme's expenses)
Excludes service tax on Investment Management fees of 0.01%of Total Net Assets and of 0.09% on the underlying scheme's inwhich the fund of fund invests.
Asset Allocation
Mutual Fund 99.14%
Reverse Repos/CBLOs 1.11%
Net CurrentAssets -0.25%
Total NetAssets 100.00%
@ Effective from March 1, 2013 for prospective investments.
FUND PORTFOLIO
Mutual Fund
Cash Equivalents
CBLO 353.62 1.06%
Reverse Repos 19.52 0.06%
Net Current Assets -85.52 -0.25%
Total Net Assets as on 31-Aug-2016 33,507.39 100.00%
HSBC Income Fund Short Term - Growth Direct 15,775.91 47.08%
HSBC Flexi Debt Fund Growth Direct 9,236.60 27.57%
HSBC Equity Fund - Growth Direct 3,384.49 10.10%
L&T Triple Ace Bond Fund Direct Growth 3,343.63 9.98%
HSBC Income Fund Inv Plan Growth Direct 1,479.13 4.41%
IssuerMarket Value
( in Lacs)`
% to NetAssets
An Open Ended Fund of Funds Scheme
Investment Objective: The objective of the Plan is to provide long term total return aimed at providing income through an active
asset allocation with diversification commensurate with the risk profile of investments by predominantly investing in units of debt
mutual funds as well as in a basket of equity mutual funds, gold ETFs and other ETFs and money market instruments.
Date of Allotment
Benchmark
NAV (Growth)(as on 31 )
Fund Managers
SIP
Minimum
Application Amount
Exit Load
per unit.08.16
Monthly Average AUM
(In Lakhs)
@
30-Apr-14
Composite Index constitutingof 90% into CRISIL Composite
Bond Index and 10% of S&PBSE 200 Index
12.7600
Anitha Rangan (DedicatedFund Manager for investments
in foreign securities)(For managing
investments in Indian Market –Equity Portion)
Sanjay Shah (For managinginvestments in Indian Market –
Fixed Income Portion)
Available
5,000
1,000 p.m.(SIP)
Nil
`
33,070.64
Gautam Bhupal
`
`
This product is suitable forinvestors who are seeking*:• To create wealth over long term• Investing predominantly in
units of debt mutual funds aswell as in a basket of equitymutual funds, gold & otherexchange traded funds andmoney market instruments.
Investors understand that their principalwill be at Moderate risk
Riskometer
Mod
erately Moderate
Low
Hig
h
Low
High
LOW HIGH
Moderately
HSBC Managed Solutions India - Conservative
* Investors should consult their financial advisers if in doubt aboutwhether the product is suitable for them.
HSBC Global Consumer Opportunities Fund -(HGCOF)
Benefiting from China’sGrowing Consumption Power
18
FUND DETAILS
Weighted Average Monthly Total Expenses ratios(Annualized)
Regular 2.33%
Direct Plan 1.63%
(inclusive of underlying scheme's expenses)
Excludes service tax on Investment Management fees of 0.08%of Total NetAssets.
Asset Allocation
Overseas Mutual Fund 98.45%
Reverse Repos/CBLOs 3.67%
Net CurrentAssets -2.12%
Total NetAssets 100.00%
@ Effective from March 1, 2013 for prospective investments.
FUND PORTFOLIO
Overseas Mutual Fund
Cash Equivalents
CBLO 24.79 3.48%
Reverse Repos 1.37 0.19%
Net Current Assets -15.07 -2.12%
Total Net Assets as on 31-Aug-2016 713.26 100.00%
HSBC GIF-China Consumer Opp S5 Cap 702.17 98.45%
IssuerMarket Value
( in Lacs)`
% to NetAssets
An Open-Ended Fund of Funds Scheme
Investment Objective: The primary investment objective of the scheme is to provide long term capital appreciation by investing
predominantly in units of HSBC Global Investment Funds (HGIF) China Consumer Opportunities Fund (Underlying scheme).
The Scheme may, also invest a certain 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.
Date of Allotment
Benchmark
NAV (Growth)(as on 31 )
Fund Managers
SIP
Minimum
Application Amount
Exit Load
per unit.08.16
Monthly Average AUM
(In Lakhs)
@
23-Feb-15
MSCI AC World Index
9.8690
762.28
Anitha Rangan (DedicatedFund Manager) & Sanjay Shah
(for investments in IndianMarket)
Available
,000
1,000 p.m.(SIP)
Nil
`
`
`
5
Investors understand that their principalwill be at High risk
Riskometer
M
oderately Moderate
Low
Hig
h
Low
High
LOW HIGH
Moderately
This product is suitable forinvestors who are seeking*:• To create wealth over long term• Investment in equity and equity
related securities around theworld focusing on growingconsumer behaviour of Chinathrough feeder route
HSBC Global Consumer Opportunities Fund - Benefiting fromChina’s Growing Consumption Power (HGCOF)
* Investors should consult their financial advisers if in doubt aboutwhether the product is suitable for them.
This product is suitable for investors who are seeking*:
�
�
�
Overnight liquidity over short term
Investment in Money Market Instruments
Low riskLOW RISK
(BLUE)
Note: Risk is represented as -
*Investors should consult their financial advisers if in doubt whether the product issuitable for them
19
HSBC Equity Fund
HSBC India Opportunities Fund
HSBC Midcap Equity Fund
HSBC Infrastructure Equity Fund
HSBC Tax Saver Equity Fund
HSBC Dividend Yield Equity Fund
HSBC Dynamic Fund
HSBC Emerging Markets Fund
HSBC Brazil Fund
HSBC Asia Pacific (Ex Japan) Dividend Yield Fund
HSBC Managed Solutions
HSBC Global Consumer Opportunities Fund -Benefiting from China’s Growing Consumption Power
Neelotpal Sahai (from 27 May 2013)
Neelotpal Sahai (from 27 May 2013)
Dhiraj Sachdev (from 01 December 2009)
Dhiraj Sachdev (from 01 December 2009)
Aditya Khemani (from 24 February 2009)
Gautam Bhupal and Amaresh Mishra (from 02 July 2012)(from 21 Oct 2015)
For Equity portion: Neelotpal Sahai (from 27 May 2013) &For Debt portion: Sanjay Shah (from 14 August 2009)
Anitha Rangan (from 18 October 2014)
Anitha Rangan (from 18 October 2014)
For overseas investments: Anitha Rangan (from 18 October 2014) &For investment in Indian markets: Sanjay Shah (from 24 February 2014)
For overseas investment : Anitha Rangan (from 18 October 2014),For Investments in Indian Market - Equity Portion :
& For Investments in Indian Market - Debt Portion :Sanjay Shah (April 2014)
Gautam Bhupal(from 21 Oct 2015)
For Overseas Market : Anitha Rangan (from 13 February 2015)For Investments in Indian Market - Debt Portion : Sanjay Shah(from 13 February 2015)
Name of Scheme Fund Manager
Fund Manager’s Experience
Dhiraj SachdevSenior Vice President and Fund Manager - EquitiesB.Com., ACA, ACMA, Diploma in Foreign Trade Management (DFTM)
Experience:
Over 20 years experience in Equity Research and Fund Management.
HSBC Asset Management (India) Private LtdSenior Vice President & Fund Manager, from October 2011 to present,Senior Fund Manager from 1 December 2009 to September 2011,Head of Equity-Portfolio Management Services from October 2005 to November 2009
ASK Raymond James Securities India Private LtdPortfolio Manager from October 2003 to September 2005
HDFC Bank LtdSenior Manager Equities from November 1999 to September 2003
DSQ Software LtdBusiness Analyst from June 1999 to November 1999
Probity Research & Services Ltd (India Infoline Ltd)Research Analyst from November 1998 to May 1999
Ford Brothers Capital Services (P) LtdManager Research from July 1996 to Sept 1998
�
�
�
�
�
�
Gautam Bhupal
Vice President & Fund Manager Equities
Post Graduate Diploma in Business Management, CA, CS, B.Com (Hons)
Over 12 years of experience in areas of research and Fund Management.
HSBC Asset Management (India) Private LimitedVice President & Fund Manager, since October 2015 till date.
Fund Manager for PMS Portfolios from July 2008 till June 2015.
UTI Asset Management CompanyEquity Research Analyst from May 2004 till June 2008.
Experience:
�
�
Vice President - Investment Management, from June 2015 to October 2015.
Fund Managers - Equity
This product is suitable for investors who are seeking*:
�
�
�
Overnight liquidity over short term
Investment in Money Market Instruments
Low riskLOW RISK
(BLUE)
Note: Risk is represented as -
*Investors should consult their financial advisers if in doubt whether the product issuitable for them
20
Neelotpal Sahai
Senior Vice President & Fund Manager - Equities
B.Tech, PGDM (IIM Kolkata)
Over 24 years of experience in Research and Fund Management.
HSBC Asset Management (India) Private LtdSenior Fund Manager – Equities from April 2013 onwards.
IDFC Asset Management Company Ltd.Director from February 2006 to April 2013
Motilal Oswal Securities LtdSenior Research Analyst from March 2005 to January 2006
Infosys LtdSenior Project Manager from June 1999 to March 2005
Vickers Ballas Securities LtdAnalyst from September 1998 to June 1999
SBC WarburgAnalyst from May 1997 to May 1998
UTI Securities LtdEquity Analyst from June 1995 to May 1997
Experience:
�
�
�
�
�
�
�
Aditya Khemani
Vice President & Fund Manager - Equities
B.Com. (Hons.), Post Graduate Diploma in Business Management
Over 11 years experience in research.
HSBC Asset Management (India) Private Ltd
Vice President & Fund Manager (Equity), from April 2012 to present,Assistant Fund Manager, Equities from February 2009 to March 2012;Associate Vice President - Investment Management from October 2007 to February 2009.
SBI Funds Management India Private Ltd
Senior Manager - Equity Research from March 2007 to September 2007
Prudential ICICI Asset Management Company India Private Ltd
Assistant Manager - Equity Research from December 2005 to February 2007
Morgan Stanley Advantage Services India Private Ltd
Research Associate from May 2005 to November 2005
Experience:
�
�
�
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Amaresh Mishra
Vice President & Assistant Fund Manager
Post Graduate Diploma in Business Manager Management
Bachelor of Engineering (Chemical)
Over 11 years of experience in Equities & Sales
HSBC Asset Management (India) Private Ltd
Vice President & Assistant Fund Manager, from April 2012 to present,Associate Vice President, Investment Management from April 2008 to March 2012,Associate Vice President, Equities from October 2007 to March 2008;Associate Vice President, Sales and Distribution from March 2005 to September 2007
Centre for Science and Environment
Trainee Researcher from July 2001 to July 2002
Experience:
�
�
Anitha Rangan
Vice President - Fixed Income
PGDBM (SPJIMR, Mumbai); CA; M.Com
Over 10 years of experience in areas of research and risk
HSBC Asset Management (India) Private Ltd
Associate Vice President - Investment Management, from February 2013 onwards
CRISIL Limited
Senior Manager - Customised Industry Research, from December 2010 to May 2012
Nomura Structured Financial Services
Vice President - Credit Research , from December 2008 to November 2010
Lehman Brothers Structured Financial Services Analyst
Credit Research, from June 2006 to November 2008
Ambattur Clothing Limited
Executive - October 2002 to March 2004
Experience:
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�
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Fund Managers - Equity
Funds Managed by Neelotpal Sahai.
HSBC Equity Fund Date of Inception : 10 Dec 02
Scheme Name & Benchmarks July 15 -June 16
July 14 -June 15
July 13 -June 14
SinceInception
HSBC Equity Fund - Growth
S&P BSE 200 (Scheme Benchmark)
Nifty 50 (Standard Benchmark)
10,000, if invested in HEF, would have become
10,000, if invested in S&P BSE 200, would have become
10,000, if invested in , would have become
`
`
` Nifty 50
1.48% 6.72% 37.45% 22.22%
0.41% 11.53% 32.58% 17.71%
-12.96% 9.61% 29.03% 16.34%
10,148 10,672 13,745 1,52,865
10,041 11,153 13,258 91,681
8,704 10,961 12,903 78,239
` ` ` `
` ` ` `
` ` ` `
HSBC India Opportunities Fund
HSBC Dynamic Fund
Date of Inception : 24 Feb 04
Date of Inception : 24 Sep 07
Scheme Name & Benchmarks
Scheme Name & Benchmarks
SinceInception
SinceInception
HSBC India Opportunities Fund - Growth
S&P BSE 500 (Scheme Benchmark)
(Standard Benchmark)
10,000, if invested in HIOF, would have become
10,000, if invested in S&P BSE 500, would have become
10,000, if invested in , would have become
Nifty 50
Nifty 50
`
`
`
HSBC Dynamic Fund - Growth
S&P BSE 200 (Scheme Benchmark)
(Standard Benchmark)
10,000, if invested in HDF, would have become
10,000, if invested in S&P BSE 200, would have become
10,000, if invested in , would have become
Nifty 50
Nifty 50
`
`
`
3.50% 18.28% 53.83% 16.70%
1.15% 10.85% 34.74% 13.71%
-12.96% 9.61% 29.03% 13.05%
10,350 11,828 15,383 67,434
10,115 11,085 13,474 48,936
8,704 10,961 12,903 45,519
` ` ` `
` ` ` `
` ` ` `
1.65% 10.88% 26.17% 4.10%
0.41% 11.53% 32.58% 6.21%
-12.96% 9.61% 29.03% 6.09%
10,165 11,088 12,617 14,228
10,041 11,153 13,258 16,971
8,704 10,961 12,903 16,806
` ` ` `
` ` ` `
` ` ` `
Past performance may or may not be sustained in the future. Refer note below.
Past performance may or may not be sustained in the future. Refer note below.
Fund Managed by Neelotpal Sahai (for Equity portion)Sanjay Shah (for Fixed Income portion)
Past performance may or may not be sustained in the future. Refer note below.
Data for the period July to June has been considered in all cases, except for ‘Since Inception’ returns. ‘Since Inception’ (%) returns are compoundedannualised, other % returns are simple annualised. ‘Since inception’ returns are calculated on 10 invested at inception. Standard benchmark isprescribed by SEBI and is used for comparison purposes. Returns on 10,000 are point-to-point returns for the specific time period, invested at the start ofthe period. The returns provided above have been rounded off and hence there may be minor differences between point-to-point returns vis-a-vis returnsindicated above.
`
`
Comparative Performance of Equity Schemes
Funds Managed by - Anitha Rangan.
HSBC Emerging Markets Fund Date of Inception : 17 Mar 08
Scheme Name & Benchmarks SinceInception
HSBC Emerging Markets Fund - Growth
MSCI Emerging Market Index (Scheme Benchmark)
(Standard Benchmark)
10,000, if invested in HMEF, would have become
10,000, if invested in MSCI Emerging Market Index, would have become
10,000, if invested in , would have become
Nifty 50
Nifty 50
`
`
`
-8.68% -1.32% 16.73% 0.64%
-9.97% 3.48% 11.27% 0.53%
-12.96% 9.61% 29.03% 7.63%
9,132 9,868 11,673 10,541
9,003 10,348 11,127 10,452
8,704 10,961 12,903 18,408
` ` ` `
` ` ` `
` ` ` `
Past performance may or may not be sustained in the future. Refer note below.
21
July 15 -June 16
July 14 -June 15
July 13 -June 14
July 15 -June 16
July 14 -June 15
July 13 -June 14
July 15 -June 16
July 14 -June 15
July 13 -June 14
HSBC Brazil Fund
HSBC Asia Pacific (Ex Japan) DividendYield Fund
HSBC Global Consumer Opportunities Fund -Benefiting from China's Growing Consumption Power
Date of Inception : 06 May 11
Date of Inception : 24 Feb 14
Date of Inception : 24 Feb 15
Scheme Name & Benchmarks
Scheme Name & Benchmarks
Scheme Name & Benchmarks
July 15 -June 16
July 15 -June 16
July 14 -June 15
SinceInception
SinceInception
SinceInception
HSBC Brazil Fund - Growth
MSCI Brazil 10/40 Index (Scheme Benchmark)
(Standard Benchmark)
10,000, if invested in HBF, would have become
10,000, if invested in MSCI Brazil 10/40 Index, would have become
10,000, if invested in , would have become
Nifty 50
Nifty 50
`
`
`
HSBC Asia Pacific (Ex Japan) Dividend Yield Fund - Growth
MSCI AC Asia Pacific ex Japan (Scheme Benchmark)
(Standard Benchmark)
10,000, if invested in HAPDF, would have become
10,000, if invested in MSCI AC Asia Pacific ex Japan, would have become
10,000, if invested in , would have become
Nifty 50
Nifty 50
`
`
`
HSBC Global Consumer Opportunities Fund - Benefiting from China'sGrowing Consumption Power - Growth
MSCI AC World Index (Scheme Benchmark)
Nifty 50 (Standard Benchmark)
10,000, if invested in HGCOF, would have become
10,000, if invested in MSCI AC World Index, would have become
10,000, if invested in Nifty 50, would have become
`
`
`
-2.98% -31.31% 9.03% -8.79%
-7.24% -29.63% 10.99% -14.03%
-12.96% 9.61% 29.03% 8.08%
9,702 6,869 10,903 6,222
9,276 7,037 11,099 4,583
8,704 10,961 12,903 14,932
` ` ` `
` ` ` `
` ` ` `
-3.63% 2.08% 1.52%
-12.96% -3.60% -4.21%
-12.96% 9.61% 13.27%
9,637 10,208 10,360
8,704 9,640 9,368
8,704 10,961 12,081
` ` `
` ` `
` ` `
Past performance may or may not be sustained in the future. Refer note below
Past performance may or may not be sustained in the future. Refer note below.
Past performance may or may not be sustained in the future. Refer note below.
Data for the period July to June has been considered in all cases, except for ‘Since Inception’ returns. ‘Since Inception’ (%) returns are compoundedannualised, other % returns are simple annualised. ‘Since inception’ returns are calculated on 10 invested at inception. Standard benchmark isprescribed by SEBI and is used for comparison purposes. Returns on 10,000 are point-to-point returns for the specific time period, invested at the startof the period. The returns provided above have been rounded off and hence there may be minor differences between point-to-point returns vis-a-visreturns indicated above.
`
`
Comparative Performance of Equity Schemes
Fund Managed by Gautam Bhupal and Amaresh Mishra.
Fund Managed by Anitha Rangan (For overseas investment) & Sanjay Shah (for Fixed Income portion)
HSBC Dividend Yield Equity Fund Date of Inception : 21 Mar 07
Scheme Name & Benchmarks SinceInception
HSBC Dividend Yield Equity Fund - Growth
S&P BSE 200 (Scheme Benchmark)
(Standard Benchmark)
10,000, if invested in HDYEF, would have become
10,000, if invested in S&P BSE 200, would have become
10,000, if invested in , would have become
Nifty 50
Nifty 50
`
`
`
2.82% 10.39% 38.08% 5.70%
0.41% 11.53% 32.58% 9.30%
-12.96% 9.61% 29.03% 8.87%
10,282 11,039 13,808 16,731
10,041 11,153 13,258 22,831
8,704 10,961 12,903 22,020
` ` ` `
` ` ` `
` ` ` `
Past performance may or may not be sustained in the future. Refer note below.
22
July 15 -June 16
July 14 -June 15
July 13 -June 14
July 15 -June 16
July 14 -June 15
July 13 -June 14
-7.65% -5.71%
-5.72% -5.60%
-12.96% -3.98%
9,235 9,235
9,428 9,250
8,704 9,465
` `
` `
` `
HSBC Tax Saver Equity Fund Date of Inception : 05 Jan 07
Scheme Name & Benchmarks SinceInception
HSBC Tax Saver Equity Fund - Growth
S&P BSE 200 (Scheme Benchmark)
(Standard Benchmark)
10,000, if invested in HTSF, would have become
10,000, if invested in S&P BSE 200, would have become
10,000, if invested in , would have become
Nifty 50
Nifty 50
`
`
`
4.16% 14.17% 44.72% 11.34%
0.41% 11.53% 32.58% 8.20%
-12.96% 9.61% 29.03% 8.03%
10,416 11,417 14,472 27,720
10,041 11,153 13,258 21,128
8,704 10,961 12,903 20,810
` ` ` `
` ` ` `
` ` ` `
Fund Managed by - Aditya Khemani.
Past performance may or may not be sustained in the future. Refer note below.
* On account of change in the index composition of the benchmark of HMEF (S&P BSE Midcap), vide BSE Notification dtd 10 April, 2015,the returns for this benchmark are different when compared to the historically published returns. Further, as the index data for S&P BSEMidcap is available only from Sept 16, 2005, the 'Since inception' returns for both this index and the scheme have been calculated from thisdate onwards.
Comparative Performance of Equity Schemes
Funds Managed by - Dhiraj Sachdev.
HSBC Infrastructure Equity Fund Date of Inception : 23 Feb 06
Scheme Name & Benchmarks SinceInception
HSBC Infrastructure Equity Fund - Growth
S&P BSE 200 (Scheme Benchmark)
(Standard Benchmark)
10,000, if invested in HIEF, would have become
10,000, if invested in S&P BSE 200, would have become
10,000, if invested in , would have become
Nifty 50
Nifty 50
`
`
`
-8.43% 16.39% 67.89% 5.00%
0.41% 11.53% 32.58% 10.25%
-12.96% 9.61% 29.03% 10.09%
9,157 11,639 16,789 16,575
10,041 11,153 13,258 27,470
8,704 10,961 12,903 27,073
` ` ` `
` ` ` `
` ` ` `
HSBC Midcap Equity Fund* Date of Inception : 19 May 05
Scheme Name & Benchmarks SinceInception
HSBC Midcap Equity Fund - Growth
S&P BSE Midcap (Scheme Benchmark)
(Standard Benchmark)
10,000, if invested in HMEF, would have become
10,000, if invested in S&P BSE Midcap, would have become
10,000, if invested in , would have become
Nifty 50
Nifty 50
`
`
`
10.42% 23.38% 97.40% 9.37%
9.71% 21.54% 54.45% 8.93%
-12.96% 9.61% 29.03% 11.09%
11,042 12,338 19,740 26,293
10,971 12,154 15,445 25,171
8,704 10,961 12,903 31,133
` ` ` `
` ` ` `
` ` ` `
Past performance may or may not be sustained in the future. Refer note below.
Past performance may or may not be sustained in the future. Refer note below.
23
Data for the period July to June has been considered in all cases, except for ‘Since Inception’ returns. ‘Since Inception’ (%) returns are compoundedannualised, other % returns are simple annualised. ‘Since inception’ returns are calculated on 10 invested at inception. Standard benchmark is prescribedby SEBI and is used for comparison purposes. Returns on 10,000 are point-to-point returns for the specific time period, invested at the start of the period.The returns provided above have been rounded off and hence there may be minor differences between point-to-point returns vis-a-vis returns indicatedabove.
`
`
July 15 -June 16
July 14 -June 15
July 13 -June 14
July 15 -June 16
July 14 -June 15
July 13 -June 14
July 15 -June 16
July 14 -June 15
July 13 -June 14
HSBC Managed Solutions - Growth Date of Inception : 30 Apr 14
Scheme Name & Benchmarks July 15 -June 16
SinceInception
HSBC Managed Solutions - Growth - Growth
Customised Benchmark Index Fund (Scheme Benchmark)*
(Standard Benchmark)Nifty 50
Crisil 10 Year Gilt Index (Standard Benchmark)
10,000, if invested in HMSG, would have become
10,000, if invested in Customised Benchmark Index, would have become
10,000, if invested in Nifty 50, would have become
10,000, if invested in Crisil 10 Year Gilt Index, would have become
`
`
`
`
5.91% 10.93% 15.03%
2.37% 11.44% 12.74%
-12.96% 9.61% 10.32%
10.03% 11.70% 10.98%
10,591 11,093 13,556
10,237 11,144 12,977
8,704 10,961 12,380
11,003 11,170 12,540
` ` `
` ` `
` ` `
` ` `
Fund Managed by Gautam Bhupal (for Equity portion)Sanjay Shah (for Fixed Income portion), Anitha Rangan (For overseas investment)
Past performance may or may not be sustained in the future. Refer note below.
Past performance may or may not be sustained in the future. Refer note below.
Past performance may or may not be sustained in the future. Refer note below.
*Composite index of S&P BSE 200 (80%) and Crisil Composite Bond Fund Index (20%).
*Composite index of Crisil Composite Bond Fund Index (90%) and S&P BSE 200 (10%).
Comparative Performance of Equity Schemes
24
Data for the period July to June has been considered in all cases, except for ‘Since Inception’ returns. ‘Since Inception’ (%) returns are compoundedannualised, other % returns are simple annualised. ‘Since inception’ returns are calculated on 10 invested at inception. Standard benchmark is prescribedby SEBI and is used for comparison purposes. Returns on 10,000 are point-to-point returns for the specific time period, invested at the start of the period.The returns provided above have been rounded off and hence there may be minor differences between point-to-point returns vis-a-vis returns indicatedabove.
`
`
July 14 -June 15
HSBC Managed Solutions - Moderate - Growth Date of Inception : 30 Apr 14
Scheme Name & Benchmarks July 15 -June 16
SinceInception
HSBC Managed Solutions - Moderate - Growth
CRISIL Balanced Fund – Aggressive Index (Scheme Benchmark)
Nifty 50 (Standard Benchmark)
Crisil 10 Year Gilt Index (Standard Benchmark)
10,000, if invested in HMSM, would have become
10,000,if investedinCRISILBalancedFund–AggressiveIndex,wouldhavebecome
10,000, if invested in Nifty 50, would have become
10,000, if invested in Crisil 10 Year Gilt Index, would have become
`
`
`
`
7.16% 10.83% 13.65%
3.12% 10.35% 10.90%
-12.96% 9.61% 10.32%
10.03% 11.70% 10.98%
10,716 11,083 13,204
10,312 11,035 12,520
8,704 10,961 12,380
11,003 11,170 12,540
` ` `
` ` `
` ` `
` ` `
July 14 -June 15
HSBC Managed Solutions - Conservative - Growth Date of Inception : 30 Apr 14
Scheme Name & Benchmarks July 15 -June 16
SinceInception
HSBC Managed Solutions - Conservative - Growth
Customised Benchmark Index Fund (Scheme Benchmark)*
Nifty 50 (Standard Benchmark)
Crisil 10 Year Gilt Index (Standard Benchmark)
10,000, if invested in HMSC, would have become
10,000, if invested in Customised Benchmark Index, would have become
10,000, if invested in Nifty 50, would have become
10,000, if invested in Crisil 10 Year Gilt Index, would have become
`
`
`
`
7.42% 9.89% 10.18%
9.21% 11.12% 11.35%
-12.96% 9.61% 10.32%
10.03% 11.70% 10.98%
10,742 10,989 12,345
10,921 11,112 12,632
8,704 10,961 12,380
11,003 11,170 12,540
` ` `
` ` `
` ` `
` ` `
July 14 -June 15
25
HSBC Equity Fund
HSBC India Opportunities Fund
HSBC Dynamic Fund
Date of Inception : 10 Dec 02
Date of Inception : 24 Feb 04
Date of Inception : 24 Sep 07
Scheme Name & Benchmarks
Scheme Name & Benchmarks
Scheme Name & Benchmarks
1Year
1Year
1Year
3Years
3Years
3Years
5Years
5Years
5Years
SinceInception
SinceInception
SinceInception
Total amount invested ( )
Market Value as on June 30, 2016 ( )
Scheme Returns (%)
Scheme Benchmark ( )
Scheme Benchmark Returns (%)
Standard Benchmark ( )
Standard Benchmark Returns (%)
`
`
`
`
S&P BSE 200 -
S&P BSE 200 -
Nifty 50 -
Nifty 50 -
Total amount invested ( )
Scheme Returns (%)
Scheme Benchmark ( )
Scheme Benchmark Returns (%)
Standard Benchmark ( )
Standard Benchmark Returns (%)
`
`
`
`
Market Value as on June 30, 2016 ( )
S&P BSE 500 -
S&P BSE 500 -
Nifty 50 -
Nifty 50 -
Total amount invested ( )
Scheme Returns (%)
Scheme Benchmark ( )
Scheme Benchmark Returns (%)
Standard Benchmark ( )
Standard Benchmark Returns (%)
`
`
`
`
Market Value as on June 30, 2016 ( )
S&P BSE 200 -
S&P BSE 200 -
Nifty 50 -
Nifty 50 -
120000 360000 600000 1630000
126933 419662 793750 4731258
10.91 10.23 11.15 14.54
126111 420345 805027 4200089
9.60 10.34 11.71 12.99
125632 406397 775087 4015145
8.84 8.04 10.19 12.40
120000 360000 600000 1490000
130463 466127 934425 3796271
16.60 17.54 17.77 14.12
126367 423955 810197 3127859
10.01 10.93 11.97 11.30
125632 406397 775087 3044397
8.84 8.04 10.19 10.90
120000 360000 600000 1060000
127121 417696 767205 1490075
11.22 9.91 9.78 7.53
126111 420345 805027 1665794
9.60 10.34 11.71 9.96
125632 406397 775087 1604859
8.84 8.04 10.19 9.15
The Fund offers flexible and convenient Systematic Investment Plan (SIP) facility. To illustrate the advantages of SIP investments, this is how your investments would havegrown if you had invested say 10,000 systematically on the first Business Day of every month over a period of time in the Growth Option of Respective Scheme.
The returns are calculated by XIRR approach assuming investment of 10000/- on the 1st working day of every month. XIRR helps in calculating return on investments givenan initial and final value and a series of cash inflows and outflows with correct allowance for the time impact of the transactions. Data as on June 30, 2016.
`
`
SIP Performance of Equity Schemes
Returns shown for Regular Plan - Growth Option
Past performance may or may not be sustained in the future. Refer note below
Past performance may or may not be sustained in the future. Refer note below
Past performance may or may not be sustained in the future. Refer note below
SIP Performance of Equity Schemes
26
HSBC Brazil Fund Date of Inception : 06 May 11
Scheme Name & Benchmarks 1Year
3Years
5Years
SinceInception
Total amount invested ( )
Scheme Returns (%)
Scheme Benchmark ( )
Scheme Benchmark Returns (%)
Standard Benchmark ( )
Standard Benchmark Returns (%)
`
`
`
`
Market Value as on June 30, 2016 ( )
MSCI Brazil 10/40 Index -
MSCI Brazil 10/40 Index -
Nifty 50 -
Nifty 50 -
120000 360000 600000 610000
155526 339259 497992 504210
59.41 -3.82 -7.30 -7.34
152474 334316 471482 476117
54.00 -4.76 -9.43 -9.54
125942 407135 774897 790218
9.35 8.17 10.18 10.13
HSBC Asia Pacific (Ex Japan) Dividend Yield Fund Date of Inception : 24 Feb 14
Scheme Name & Benchmarks 1Year
3Years
5Years
SinceInception
Total amount invested ( )
Scheme Returns (%)
Scheme Benchmark ( )
Scheme Benchmark Returns (%)
Standard Benchmark ( )
Standard Benchmark Returns (%)
`
`
`
`
Market Value as on June 30, 2016 ( )
MSCI AC Asia Pacific ex Japan -
MSCI AC Asia Pacific ex Japan -
Nifty 50 -
Nifty 50 -
120000 NA NA 280000
126916 NA NA 284783
10.93 NA NA 1.41
120899 NA NA 257544
1.40 NA NA -6.80
125942 NA NA 295490
9.35 NA NA 4.53
HSBC Emerging Markets Fund Date of Inception : 17 Mar 08
Scheme Name & Benchmarks 1Year
3Years
5Years
SinceInception
Total amount invested ( )
Scheme Returns (%)
Scheme Benchmark ( )
Scheme Benchmark Returns (%)
Standard Benchmark ( )
Standard Benchmark Returns (%)
`
`
`
`
Market Value as on June 30, 2016 ( )
MSCI Emerging Market Index -
MSCI Emerging Market Index -
Nifty 50 -
Nifty 50 -
120000 360000 600000 990000
125529 347607 603448 1079087
8.72 -2.27 0.23 2.06
120656 348220 594653 1051150
1.02 -2.15 -0.35 1.44
125714 407135 775825 1497721
8.99 8.17 10.23 9.80
The Fund offers flexible and convenient Systematic Investment Plan (SIP) facility. To illustrate the advantages of SIP investments, this is how your investments would havegrown if you had invested say 10,000 systematically on the first Business Day of every month over a period of time in the Growth Option of Respective Scheme.
The returns are calculated by XIRR approach assuming investment of 10000/- on the 1st working day of every month. XIRR helps in calculating return on investments givenan initial and final value and a series of cash inflows and outflows with correct allowance for the time impact of the transactions. Data as on June 30, 2016.
`
`
Returns shown for Regular Plan - Growth Option
Past performance may or may not be sustained in the future. Refer note below
Past performance may or may not be sustained in the future. Refer note below
Past performance may or may not be sustained in the future. Refer note below
SIP Performance of Equity Schemes
27
HSBC Tax Saver Equity Fund Date of Inception : 05 Jan 07
Scheme Name & Benchmarks 1Year
3Years
5Years
SinceInception
Total amount invested ( )
Scheme Returns (%)
Scheme Benchmark ( )
Scheme Benchmark Returns (%)
Standard Benchmark ( )
Standard Benchmark Returns (%)
`
`
`
`
Market Value as on June 30, 2016 ( )
S&P BSE 200 -
S&P BSE 200 -
Nifty 50 -
Nifty 50 -
120000 360000 600000 1140000
127554 453564 915380 2252527
11.91 15.61 16.93 13.79
126111 420345 805027 1834636
9.60 10.34 11.71 9.71
125632 406397 775087 1769505
8.84 8.04 10.19 8.98
HSBC Infrastructure Equity Fund Date of Inception : 23 Feb 06
Scheme Name & Benchmarks 1Year
3Years
5Years
SinceInception
Total amount invested ( )
Scheme Returns (%)
Scheme Benchmark ( )
Scheme Benchmark Returns (%)
Standard Benchmark ( )
Standard Benchmark Returns (%)
`
`
`
`
Market Value as on June 30, 2016 ( )
S&P BSE 200 -
S&P BSE 200 -
Nifty 50 -
Nifty 50 -
120000 360000 600000 1250000
118147 444493 819769 1707285
-2.86 14.20 12.45 5.83
126111 420345 805027 2111267
9.60 10.34 11.71 9.70
125632 406397 775087 2040514
8.84 8.04 10.19 9.08
HSBC Dividend Yield Equity Fund Date of Inception : 21 Mar 07
Scheme Name & Benchmarks 1Year
3Years
5Years
SinceInception
Total amount invested ( )
Scheme Returns (%)
Scheme Benchmark ( )
Scheme Benchmark Returns (%)
Standard Benchmark ( )
Standard Benchmark Returns (%)
`
`
`
`
Market Value as on June 30, 2016 ( )
S&P BSE 200 -
S&P BSE 200 -
Nifty 50 -
Nifty 50 -
120000 360000 600000 1120000
127942 431032 819184 1728217
12.53 12.07 12.42 9.03
126111 420345 805027 1793351
9.60 10.34 11.71 9.78
125632 406397 775087 1728937
8.84 8.04 10.19 9.04
The Fund offers flexible and convenient Systematic Investment Plan (SIP) facility. To illustrate the advantages of SIP investments, this is how your investments would havegrown if you had invested say 10,000 systematically on the first Business Day of every month over a period of time in the Growth Option of Respective Scheme.
The returns are calculated by XIRR approach assuming investment of 10000/- on the 1st working day of every month. XIRR helps in calculating return on investments givenan initial and final value and a series of cash inflows and outflows with correct allowance for the time impact of the transactions. Data as on June 30, 2016.
`
`
Returns shown for Regular Plan - Growth Option
Past performance may or may not be sustained in the future. Refer note below
Past performance may or may not be sustained in the future. Refer note below
Past performance may or may not be sustained in the future. Refer note below
SIP Performance of Equity Schemes
28
HSBC Managed Solutions - Growth Date of Inception : 30 Apr 14
Scheme Name & Benchmarks 1Year
3Years
5Years
SinceInception
Total amount invested ( )
Scheme Returns (%)
Scheme Benchmark ( )
Scheme Benchmark Returns (%)
Standard Benchmark ( )
Standard Benchmark Returns (%)
`
`
`
`
Market Value as on June 30, 2016 ( )
Customised Benchmark Index* -
Customised Benchmark Index -
Nifty 50 -
Nifty 50 -
120000 NA NA 260000
127832 NA NA 284984
12.37 NA NA 8.41
126119 NA NA 277542
9.62 NA NA 5.93
125942 NA NA 269837
9.35 NA NA 3.35
HSBC Managed Solutions - Moderate - Growth Date of Inception : 30 Apr 14
Scheme Name & Benchmarks 1Year
3Years
5Years
SinceInception
Total amount invested ( )
Scheme Returns (%)
Scheme Benchmark ( )
SchemeBenchmarkReturns(%)
Standard Benchmark ( )
Standard Benchmark Returns (%)
`
`
`
`
Market Value as on June 30, 2016 ( )
CRISIL Balanced Fund – Aggressive Index -
CRISILBalancedFund–AggressiveIndex-
Nifty 50 -
Nifty 50 -
120000 NA NA 260000
127573 NA NA 286318
11.96 NA NA 8.85
125912 NA NA 276832
9.30 NA NA 5.70
125942 NA NA 269837
9.35 NA NA 3.35
HSBC Midcap Equity Fund Date of Inception : 19 May 05
Scheme Name & Benchmarks 1Year
3Years
5Years
SinceInception
Total amount invested ( )
Scheme Returns (%)
Scheme Benchmark ( )
Scheme Benchmark Returns (%)
Standard Benchmark ( )
Standard Benchmark Returns (%)
`
`
`
`
Market Value as on June 30, 2016 ( )
S&P BSE Midcap -
S&P BSE Midcap -
Nifty 50 -
Nifty 50 -
120000 360000 600000 1340000
130353 550071 1112806 2908310
16.42 29.61 25.00 13.18
129707 489546 935655 2576668
15.38 21.04 17.83 11.18
125632 406397 775087 2356044
8.84 8.04 10.19 9.69
The Fund offers flexible and convenient Systematic Investment Plan (SIP) facility. To illustrate the advantages of SIP investments, this is how your investments would havegrown if you had invested say 10,000 systematically on the first Business Day of every month over a period of time in the Growth Option of Respective Scheme.
The returns are calculated by XIRR approach assuming investment of 10000/- on the 1st working day of every month. XIRR helps in calculating return on investments givenan initial and final value and a series of cash inflows and outflows with correct allowance for the time impact of the transactions. Data as on June 30, 2016.
`
`
Returns shown for Regular Plan - Growth Option
Past performance may or may not be sustained in the future. Refer note below
Past performance may or may not be sustained in the future. Refer note below
*Composite index of S&P BSE200 (80%) and Crisil Composite Bond Fund Index (20%).
Past performance may or may not be sustained in the future. Refer note below
SIP Performance of Equity Schemes
29
HSBC Managed Solutions - Conservative - Growth Date of Inception : 30 Apr 14
Scheme Name & Benchmarks 1Year
3Years
5Years
SinceInception
Total amount invested ( )
Scheme Returns (%)
Scheme Benchmark ( )
Scheme Benchmark Returns (%)
Standard Benchmark ( )
Standard Benchmark Returns (%)
`
`
`
`
Market Value as on June 30, 2016 ( )
Customised Benchmark Index* -
Customised Benchmark Index -
Nifty 50 -
Nifty 50 -
120000 NA NA 260000
125007 NA NA 283141
7.86 NA NA 7.80
126149 NA NA 287999
9.67 NA NA 9.40
125942 NA NA 269837
9.35 NA NA 3.35
HSBC Global Consumer Opportunities Fund -Benefiting from China's Growing Consumption Power
Date of Inception : 24 Feb 15
Scheme Name & Benchmarks 1Year
3Years
5Years
SinceInception
Total amount invested ( )
Scheme Returns (%)
Scheme Benchmark ( )
Scheme Benchmark Returns (%)
Standard Benchmark ( )
Standard Benchmark Returns (%)
`
`
`
`
Market Value as on June 30, 2016 ( )
MSCI AC World Index -
MSCI AC World Index -
Nifty 50 -
Nifty 50 -
120000 NA NA 160000
117329 NA NA 153811
-4.13 NA NA -5.49
124474 NA NA 162859
7.03 NA NA 2.54
125736 NA NA 164415
9.04 NA NA 3.93
The Fund offers flexible and convenient Systematic Investment Plan (SIP) facility. To illustrate the advantages of SIP investments, this is how your investments would havegrown if you had invested say 10,000 systematically on the first Business Day of every month over a period of time in the Growth Option of Respective Scheme.
The returns are calculated by XIRR approach assuming investment of 10000/- on the 1st working day of every month. XIRR helps in calculating return on investments givenan initial and final value and a series of cash inflows and outflows with correct allowance for the time impact of the transactions. Data as on June 30, 2016.
`
`
Returns shown for Regular Plan - Growth Option
Past performance may or may not be sustained in the future. Refer note below
Past performance may or may not be sustained in the future. Refer note below
*Composite index of Crisil Composite Bond Fund Index (90%) and S&P BSE200 (10%).
HSBC MIP - Savings Plan (HMIP-S)An Open Ended Fund with Regular & Savings Plans. Monthly income is not assured and is subject to availability of distributable surplus.
Investment Objective: Seeks to generate reasonable returns through investments in Debt and Money Market Instruments. Thesecondary objective of the scheme is to invest in equity and equity related instruments to seek capital appreciation.
30
FUND DETAILS
Date of Allotment
Benchmark
NAV (Growth)
(as on 31.08.16)
Average Maturity ofPortfolio
Modified Duration
of Portfolio
Fund Managers
SIPMinimum ApplicationAmountGrowthQuarterly DividendMonthly DividendSIP
Exit Load
per unit
Monthly Average AUM(In Lakhs)
@
Weighted Average Monthly Total Expenses ratios(Annualized)
Regular 2.44%Direct Plan 1.81%Excludes service tax on Investment Management fees of 0.13%of Total NetAssets.
Asset Allocation
Government Securities 44.13%
Corporate/ PSU Debt 26.73%
Equity 24.52%
Cash Equivalents 3.93%
Net CurrentAssets 0.69%
Total NetAssets 100.00%
@ Effective from March 1, 2013 for prospective investments.
FUND PORTFOLIO
Corporate/ PSU Debt
EQUITY
Government Securities
Cash Equivalents
CBLO 762.35 3.72%
Reverse Repos 42.09 0.21%
Net Current Assets 134.22 0.69%
Total Net Assets as on 31-Aug-2016 20,476.66 100.00%
Corporate Bonds / Debentures
Equities
Power Grid Corporation of India 1,163.05 5.68% CRISIL AAAIndia Infradebt 707.04 3.45% CRISIL AAARural Electrification Corporation 654.86 3.20% CARE AAAPower Finance Corporation 614.85 3.00% CRISIL AAALIC Housing Finance 613.38 3.00% CRISIL AAALIC Housing Finance 508.35 2.48% CRISIL AAAPower Grid Corporation of India 438.62 2.14% CRISIL AAAHDFC 303.35 1.48% CRISIL AAAPower Grid Corporation of India 209.30 1.02% CRISIL AAANTPC 141.60 0.69% CRISIL AAAPower Finance Corporation 121.65 0.59% CRISIL AAA
HDFC Bank 565.55 2.76%HDFC 281.09 1.37%The Ramco Cements 254.79 1.24%IndusInd Bank 243.17 1.19%Ultratech Cement 213.52 1.04%Infosys 207.17 1.01%ITC 204.79 1.00%ICICI Bank 199.31 0.97%Maruti Suzuki India 189.51 0.93%SRF 172.15 0.84%Crompton Greaves Cons Electrical 159.81 0.78%Axis Bank 156.97 0.77%Tata Motors 145.18 0.71%Torrent Pharmaceuticals 138.72 0.68%Gateway Distriparks 134.74 0.66%Castrol India 134.12 0.65%The Federal Bank 129.25 0.63%Hindustan Unilever 121.05 0.59%Sun Pharmaceuticals Ind 120.23 0.59%Somany Ceramics 116.77 0.57%UPL 115.01 0.56%Adani Ports & Special Economic Zone 113.07 0.55%Arvind 108.96 0.53%Tata Consultancy Services 107.99 0.53%LIC Housing Finance 103.15 0.50%United Spirits 101.77 0.50%Karur Vysya Bank 89.43 0.44%Ahluwalia Contracts (India) 76.33 0.37%Exide Industries 74.12 0.36%IPCA Laboratories 71.85 0.35%Welspun India 49.50 0.24%The Jammu & Kashmir Bank 42.21 0.21%V-Guard Industries 31.35 0.15%Aditya Birla Fashion and Retail 26.99 0.13%Hindustan Dorr-Oliver 24.53 0.12%
7.72% GOVT OF INDIA RED 25-05-2025 3,075.89 15.02% SOVEREIGN7.59% GOVT OF INDIA RED 11-01-2026 1,280.05 6.25% SOVEREIGN7.61% GOVT OF INDIA RED 09-05-2030 1,207.93 5.90% SOVEREIGN7.68% GOVT OF INDIA RED 15-12-2023 940.12 4.59% SOVEREIGN7.59% GOVT OF INDIA RED 20-03-2029 840.21 4.10% SOVEREIGN7.73% GOVT OF INDIA RED 19-12-2034 637.79 3.11% SOVEREIGN8.18% HARYANA SDL RED 15-06-2022 538.97 2.63% SOVEREIGN7.35% GOVT OF INDIA RED 22-06-2024 304.08 1.49% SOVEREIGN7.88% GOVT OF INDIA RED 19-03-2030 212.80 1.04% SOVEREIGN
IssuerMarket Value
( in Lacs)`
% to NetAssets
Dividend DeclarationRecord Date / periodof dividend declared
Dividend ( per unit)Non-Institutional
` Dividend ( per unit)Institutional
` NAV ( ) per unit(cum dividend)
`
HSBC MIP - Savings Plan - Monthly Dividend
HSBC MIP - Savings Plan - Monthly Dividend - Direct Plan
HSBC MIP - Savings Plan - Quarterly Dividend
HSBC MIP - Savings Plan - Quarterly Dividend - Direct Plan
27-Jun-16 0.06862 0.06357 13.120525-Jul-16 0.06862 0.06357 13.405725-Aug-16 0.06862 0.06357 13.4935
25-Jan-16 0.06862 0.06357 13.8945
27-Jun-16 0.20223 0.18737 13.2353
27-Jun-16 0.20223 0.18737 13.9636
26-Nov-15 0.06862 0.06357 14.267028-Dec-15 0.06862 0.06357 14.1949
28-Dec-15 0.20223 0.18737 13.373428-Mar-16 0.20223 0.18737 13.0673
28-Dec-15 0.20946 0.19406 14.064428-Mar-16 0.20946 0.19406 13.7641
Rating24-Feb-04
CRISIL MIP Blended Index
32.1582
7.86 years
5.36 years
21,295.50
Aditya Khemani(for Equity portion) Sanjay
Shah (for Debt portion)
Available
10,00010,00025,000
1,000 p.m.Nil
`
`
`
`
`
Rating Profile
Sovereign 44.13%
AAAand equivalents 26.73%
Equity 24.52%
Reverse Repos/ CBLOs 3.93%
Net CurrentAssets 0.69%
Total NetAssets 100.00%
Upon payment of dividend, the NAV per unit falls to the extent of payout and statutory levy, if any. Face value: 10 per unit.`
Investors understand that their principalwill be at Moderately High risk
Riskometer
Mod
erately Moderate
Low
Hig
h
Low
High
LOW HIGH
Moderately
HSBC MIP - Savings Plan (HMIP-S)
This product is suitable forinvestors who are seeking*:
• Regular Income over mediumterm
• Investment in fixed income(debt and money marketinstruments) as well as equityand equity related securities
* Investors should consult their financial advisers if in doubtabout whether the product is suitable for them.
HSBC MIP - Regular Plan (HMIP-R)An Open Ended Fund with Regular & Savings Plans. Monthly income is not assured and is subject to availability of distributable surplus.
Investment Objective: Seeks to generate reasonable returns through investments in Debt and Money Market Instruments. Thesecondary objective of the scheme is to invest in equity and equity related instruments to seek capital appreciation.
31
FUND DETAILS
Date of Allotment
Benchmark
NAV (Growth)
(as on 31 )
Average Maturity ofPortfolio
Modified Duration
of Portfolio
Fund Managers
SIP
Minimum ApplicationAmount
Growth
Quarterly Dividend
Monthly Dividend
SIP
Exit Load
per unit
.08.16
Monthly Average AUM(In Lakhs)
@
Weighted Average Monthly Total Expenses ratios(Annualized)
Regular 2.40%
Direct Plan 1.79%
Excludes service tax on Investment Management fees of 0.20%on Regular Plan and 0.19% on Direct Plan of Total NetAssets.
Asset Allocation
Government Securities 49.29%
Corporate/ PSU Debt 33.19%
Equity 13.51%
Cash Equivalents 8.02%
Net CurrentAssets -4.01%
Total NetAssets 100.00%
@ Effective from March 1, 2013 for prospective investments.
FUND PORTFOLIO
Corporate/ PSU Debt
EQUITY
Government Securities
Cash Equivalents
CBLO 635.32 7.60%
Reverse Repos 35.08 0.42%
Net Current Assets -335.18 -4.01%
Total Net Assets as on 31-Aug-2016 8,360.14 100.00%
Corporate Bonds / Debentures
Equities
Power Finance Corporation 512.38 6.13% CRISIL AAA
LIC Housing Finance 508.35 6.08% CRISIL AAA
Power Grid Corporation of India 422.93 5.06% CRISIL AAA
India Infradebt 303.02 3.62% CRISIL AAA
Rural Electrification Corporation 280.65 3.36% CARE AAA
LIC Housing Finance 204.46 2.45% CRISIL AAA
HDFC 202.24 2.42% CRISIL AAA
Power Grid Corporation of India 187.98 2.25% CRISIL AAA
NABARD 152.02 1.82% CRISIL AAA
HDFC Bank 130.41 1.56%
ICICI Bank 77.53 0.93%
HDFC 63.25 0.76%
ITC 62.41 0.75%
Ultratech Cement 60.43 0.72%
Arvind 46.70 0.56%
Maruti Suzuki India 43.82 0.52%
SRF 43.04 0.51%
Tata Motors 43.02 0.51%
The Federal Bank 41.25 0.49%
Axis Bank 38.80 0.46%
Sun Pharmaceuticals Ind 37.23 0.45%
Crompton Greaves Cons Electrical 32.95 0.39%
Torrent Pharmaceuticals 32.64 0.39%
Castrol India 31.29 0.37%
Hindustan Unilever 29.35 0.35%
Somany Ceramics 28.23 0.34%
Gateway Distriparks 28.07 0.34%
Ahluwalia Contracts (India) 27.48 0.33%
UPL 27.47 0.33%
Adani Ports & Special Economic Zone 26.30 0.31%
Exide Industries 25.94 0.31%
United Spirits 25.44 0.30%
Tata Consultancy Services 23.86 0.29%
LIC Housing Finance 22.92 0.27%
The Jammu & Kashmir Bank 19.70 0.24%
V-Guard Industries 18.14 0.22%
IPCA Laboratories 16.14 0.19%
Welspun India 10.50 0.13%
Aditya Birla Fashion and Retail 8.76 0.10%
Hindustan Dorr-Oliver 7.36 0.09%
7.72% GOVT OF INDIA RED 25-05-2025 1,120.39 13.40% SOVEREIGN
7.59% GOVT OF INDIA RED 11-01-2026 660.67 7.90% SOVEREIGN
7.61% GOVT OF INDIA RED 09-05-2030 517.68 6.19% SOVEREIGN
7.59% GOVT OF INDIA RED 20-03-2029 497.90 5.96% SOVEREIGN
7.68% GOVT OF INDIA RED 15-12-2023 406.01 4.86% SOVEREIGN
7.73% GOVT OF INDIA RED 19-12-2034 268.82 3.22% SOVEREIGN
7.88% GOVT OF INDIA RED 19-03-2030 266.00 3.18% SOVEREIGN
8.18% HARYANA SDL RED 15-06-2022 230.99 2.76% SOVEREIGN
7.35% GOVT OF INDIA RED 22-06-2024 152.04 1.82% SOVEREIGN
IssuerMarket Value
( in Lacs)`
% to NetAssets
Dividend DeclarationRecord Date / periodof dividend declared
Dividend ( per unit)Non-Institutional
` Dividend ( per unit)Institutional
` NAV ( ) per unit(cum dividend)
`
HSBC MIP - Regular Plan - Monthly Dividend
HSBC MIP - Regular Plan - Monthly Dividend - Direct Plan
HSBC MIP - Regular Plan - Quarterly Dividend
27-Jun-16 0.05778 0.05353 11.448625-Jul-16 0.05778 0.05353 11.669925-Aug-16 0.05778 0.05353 11.7536
31-Jan-14 0.05065 0.04851 10.979128-Feb-14 0.05065 0.04851 11.0079
27-Jun-16 0.18057 0.16729 11.7723
28-Dec-15 0.18057 0.16729 11.959228-Mar-16 0.18057 0.16729 11.7145
Rating24-Feb-04
CRISIL MIP Blended Index
26.7874
7.38 years
5.02 years
8,346.25
Aditya Khemani
(for Equity portion) SanjayShah (for Debt portion)
Available
10,00010,00025,000
1,000 p.m.Nil
`
`
`
`
`
Rating Profile
Sovereign 49.29%
AAAand equivalents 33.19%
Equity 13.51%
Reverse Repos/ CBLOs 8.02%
Net CurrentAssets -4.01%
Total NetAssets 100.00%
Upon payment of dividend, the NAV per unit falls to the extent of payout and statutory levy, if any.Face value: 10 per unit.`
Investors understand that their principalwill be at Moderate risk
Riskometer
Mod
erately Moderate
Low
Hig
h
Low
High
LOW HIGH
Moderately
This product is suitable forinvestors who are seeking*:
• Regular Income over mediumterm
• Investment in fixed income(debt and money marketinstruments) as well as equityand equity related securities
HSBC MIP - Regular Plan (HMIP-R)
* Investors should consult their financial advisers if in doubt aboutwhether the product is suitable for them.
This product is suitable for investors who are seeking*:
�
�
�
Overnight liquidity over short term
Investment in Money Market Instruments
Low riskLOW RISK
(BLUE)
Note: Risk is represented as -
*Investors should consult their financial advisers if in doubt whether the product issuitable for them
HSBC Income Fund - Investment Plan (HIF-IP)An Open Ended Income Scheme
Investment Objective: Aims to provide reasonable income through a diversified portfolio of fixed income securities. The AMC'sview of interest rate trends and the nature of the Plans will be reflected in the type and maturities of securities in which the ShortTerm and Investment Plans are invested.
32
FUND DETAILS
Date of Allotment
Benchmark
NAV (Growth)(as on 31 )
Average Maturity ofPortfolio
Modified Duration
of Portfolio
Yield To Maturity*
Fund Manager
SIP
Minimum
Application Amount
Exit Load
per unit.08.16
Monthly Average AUM(In Lakhs)
@
Weighted Average Monthly Total Expenses ratios(Annualized)
Regular 1.84%Direct Plan 1.09%Excludes service tax on Investment Management fees of 0.15%of Total NetAssets.
Asset Allocation
Government Securities 73.14%
Corporate/ PSU Debt 23.23%
Net CurrentAssets 2.02%
Cash Equivalents 1.56%
Securitised Debt 0.05%
@ Effective from March 1, 2013 for prospective investments.
* Based on invested Amount
FUND PORTFOLIO
Securitised Debt
Corporate/ PSU Debt
Government Securities
Cash Equivalents
CBLO 109.72 1.48%
Reverse Repos 6.06 0.08%
Net Current Assets 150.11 2.02%
Total Net Assets as on 31-Aug-2016 7,405.14 100.00%
Investments - Asset Back Security
Corporate Bonds / Debentures
India MBS 2002 Series I 3.53 0.05% CRISIL AAA (SO)
Export Import Bank of India 557.93 7.53% CRISIL AAA
Power Finance Corporation 409.90 5.54% CRISIL AAA
Power Grid Corporation of India 360.35 4.87% CRISIL AAA
LIC Housing Finance 204.46 2.76% CRISIL AAA
Rural Electrification Corporation 124.73 1.68% CARE AAA
Power Grid Corporation of India 62.66 0.85% CRISIL AAA
7.68% GOVT OF INDIA RED 15-12-2023 1,234.55 16.67% SOVEREIGN
7.72% GOVT OF INDIA RED 25-05-2025 1,198.20 16.18% SOVEREIGN
7.59% GOVT OF INDIA RED 20-03-2029 700.18 9.46% SOVEREIGN
7.61% GOVT OF INDIA RED 09-05-2030 575.20 7.77% SOVEREIGN
7.73% GOVT OF INDIA RED 19-12-2034 548.18 7.40% SOVEREIGN
7.59% GOVT OF INDIA RED 11-01-2026 547.12 7.39% SOVEREIGN
8.18% HARYANA SDL RED 15-06-2022 256.65 3.47% SOVEREIGN
7.35% GOVT OF INDIA RED 22-06-2024 152.04 2.05% SOVEREIGN
8.13% GOVT OF INDIA RED 22-06-2045 77.43 1.05% SOVEREIGN
8.53% PUNJAB SDL RED 30-03-2022 72.92 0.98% SOVEREIGN
7.88% GOVT OF INDIA RED 19-03-2030 53.20 0.72% SOVEREIGN
IssuerMarket Value
( in Lacs)`
% to NetAssets
Rating10-Dec-02
CRISIL Composite BondFund Index
26.4403
9.43 years
6.22 years
7.35%
7,493.82
Sanjay Shah
Available
10,000
1,000 p.m.(SIP)
Nil
`
`
`
Rating Profile
Sovereign 73.14%
AAAand equivalents 23.28%
Net CurrentAssets 2.02%
Reverse Repos/ CBLOs 1.56% Dividend DeclarationRecord Date / periodof dividend declared
Dividend ( per unit)Non-Institutional
` Dividend ( per unit)Institutional
` NAV ( ) per unit(cum dividend)
`
HSBC Income Fund - Investment Plan - Regular Option - Quarterly Dividend
HSBC Income Fund - Investment Plan - Institutional Option - Quarterly Dividend
28-Dec-15 0.17334 0.16060 11.2172
28-Mar-16 0.17334 0.16060 11.1594
27-Jun-16 0.17334 0.16060 11.1494
12-Jun-09 0.11387 0.10598 11.0294
11-Sep-09 0.11387 0.10598 10.9960
11-Dec-09 0.11387 0.10598 11.0973
Upon payment of dividend, the NAV per unit falls to the extent of payout and statutory levy, if any. Face value: 10 per unit.`
Investors understand that their principalwill be at Moderate risk
Riskometer
Mod
erately Moderate
Low
Hig
h
Low
High
LOW HIGH
Moderately
This product is suitable forinvestors who are seeking*:
• Regular Income over longterm
• Investment in diversifiedportfolio of fixed incomesecurities
HSBC Income Fund - Investment Plan (HIF-IP)
* Investors should consult their financial advisers if in doubt aboutwhether the product is suitable for them.
HSBC Income Fund - Short Term Plan (HIF-STP)An Open Ended Income Scheme
Investment Objective:Aims to provide reasonable income through a diversified portfolio of fixed income securities. TheAMC’sview of interest rate trends and the nature of the Plans will be reflected in the type and maturities of securities in which the ShortTerm and Investment Plans are invested.
33
FUND DETAILS
Date of Allotment
Benchmark
NAV (Growth)
(as on 31 )
Average Maturity ofPortfolio
Modified Duration
of Portfolio
Yield To Maturity*
Fund Managers
SIP
Minimum
Application Amount
Exit Load
per unit
.08.16
Monthly Average AUM(In Lakhs)
@
Weighted Average Monthly Total Expenses ratios(Annualized)
Regular 1.25%
Direct Plan 0.30%Excludes service tax on Investment Management fees of 0.04%of Total NetAssets.
Asset Allocation
Corporate/ PSU Debt 69.82%
Government Securities 15.18%
Money Market Instruments 11.08%
Net CurrentAssets 2.78%
Cash Equivalents 1.14%
@ Effective from March 1, 2013 for prospective investments.
* Based on invested Amount
FUND PORTFOLIO
Money Market Instruments
Corporate/ PSU Debt
Government Securities
Cash EquivalentsCBLO 2,375.97 1.08%Reverse Repos 131.18 0.06%Net Current Assets 6,122.91 2.78%Total Net Assets as on 31-Aug-2016 219,790.03 100.00%
Certificate of Deposit
Commercial Paper
Corporate Bonds / Debentures
Zero Coupon Bonds
Axis Bank 9,796.49 4.46% [ICRA]A1+Andhra Bank 2,416.47 1.10% CARE A1+Corporation Bank 2,416.23 1.10% CRISIL A1+Canara Bank 2,410.93 1.10% CRISIL A1+
Dalmia Cements (Bharat) 4,811.63 2.19% [ICRA]A1+Edelwiess Commodities Services 2,486.26 1.13% CRISIL A1+
Nabha Power 7,607.48 3.46% [ICRA]AAAPower Finance Corporation 7,597.95 3.46% CRISIL AAANABARD 7,576.26 3.45% CRISIL AAAL&T Finance 7,539.93 3.43% CARE AA+Indian Railway Finance Corporation 5,659.64 2.58% CRISIL AAARural Electrification Corporation 5,151.24 2.34% CARE AAANABARD 5,066.68 2.31% CRISIL AAALIC Housing Finance 5,060.45 2.30% CRISIL AAANABARD 5,053.90 2.30% CRISIL AAATata Capital Financial Services 5,045.27 2.30% CRISIL AA+Shriram Transport Finance Company 5,005.29 2.28% CRISIL AA+CLP Wind Farm India Pvt 4,027.16 1.83% Fitch AARural Electrification Corporation 3,588.42 1.63% CRISIL AAAShriram Transport Finance Company 3,513.77 1.60% CRISIL AA+Power Grid Corporation of India 3,171.94 1.44% CRISIL AAAHDFC 3,108.61 1.41% CRISIL AAAPower Finance Corporation 3,024.53 1.38% CRISIL AAAPower Finance Corporation 2,583.44 1.18% CRISIL AAAPower Finance Corporation 2,578.64 1.17% CRISIL AAALIC Housing Finance 2,553.56 1.16% CARE AAASRF 2,551.29 1.16% Fitch AABajaj Finance 2,544.65 1.16% CRISIL AA+Small Industries Development Bank of India 2,535.16 1.15% CARE AAATata Capital Financial Services 2,528.89 1.15% CRISIL AA+Nabha Power 2,524.50 1.15% [ICRA]AAA(SO)HDFC 2,524.49 1.15% CRISIL AAALIC Housing Finance 2,523.47 1.15% CARE AAATata Capital Financial Services 2,516.16 1.14% CRISIL AA+Tata Capital Financial Services 2,515.15 1.14% CRISIL AA+LIC Housing Finance 2,500.68 1.14% CRISIL AAAEast North Interconnection Company 2,253.55 1.03% CRISIL AAA (SO)Power Grid Corporation of India 2,054.21 0.93% CRISIL AAAHDFC 2,022.35 0.92% CRISIL AAAHDFC 2,013.11 0.92% CRISIL AAAEast North Interconnection Company 2,004.05 0.91% CRISIL AAA (SO)Power Finance Corporation 1,541.73 0.70% CRISIL AAAPower Finance Corporation 1,520.83 0.69% CRISIL AAAIndia Infradebt 1,515.08 0.69% CRISIL AAASmall Industries Development Bk of India 1,258.38 0.57% CARE AAARural Electrification Corporation 1,143.40 0.52% CARE AAARural Electrification Corporation 1,046.57 0.48% CRISIL AAAPower Grid Corporation of India 1,027.32 0.47% CRISIL AAALIC Housing Finance 1,016.45 0.46% CRISIL AAALIC Housing Finance 1,012.42 0.46% CRISIL AAAHDFC 1,012.23 0.46% CRISIL AAALIC Housing Finance 1,006.59 0.46% CARE AAAEast North Interconnection Company 1,005.32 0.46% CRISIL AAA (SO)Rural Electrification Corporation 934.17 0.43% CRISIL AAATata Capital Financial Services 499.95 0.23% CRISIL AA+Shriram Transport Finance Company 271.20 0.12% CRISIL AA+Rural Electrification Corporation 170.37 0.08% CRISIL AAAHDFC 90.19 0.04% CRISIL AAARural Electrification Corporation 70.82 0.03% CRISIL AAA
Cholamandalam Investment & Fin Co 4,407.47 2.01% [ICRA]AACholamandalam Investment & Fin Co 2,756.43 1.25% [ICRA]AA
7.68% GOVT OF INDIA RED 15-12-2023 8,523.08 3.88% SOVEREIGN7.72% GOVT OF INDIA RED 25-05-2025 8,299.20 3.78% SOVEREIGN8.21% RAJASTHAN SDL RED 31-03-2019 5,106.12 2.32% SOVEREIGN7.61% GOVT OF INDIA RED 09-05-2030 4,183.30 1.90% SOVEREIGN8.27% RAJASTHAN SDL RED 23-06-2022 2,578.16 1.17% SOVEREIGN8.15% GOVT OF INDIA RED 24-11-2026 1,603.20 0.73% SOVEREIGN8.53% PUNJAB SDL RED 30-03-2022 1,041.73 0.47% SOVEREIGN8.53% JHARKHAND SDL RED 30-03-2022 1,040.84 0.47% SOVEREIGN7.35% GOVT OF INDIA RED 22-06-2024 1,013.60 0.46% SOVEREIGN
IssuerMarket Value
( in Lacs)`
% to NetAssets
Rating10-Dec-02
CRISIL Short Term BondFund Index
25.8694
2.85 years
2.24 years
7.70%
2,05,914.65
Sanjay Shah &
Piyush Harlalka
Available
10,000
1,000 p.m.(SIP)
Nil
`
`
`
Rating Profile
AAAand equivalents 60.10%
AA+/AA-/AAand equivalents 20.80%
Sovereign 15.18%
Net CurrentAssets 2.78%
Reverse Repos/ CBLOs 1.14%
Dividend DeclarationRecord Date / periodof dividend declared
Dividend ( per unit)Non-Institutional
` Dividend ( per unit)Institutional
` NAV ( ) per unit(cum dividend)
`
HSBC Income Fund - Short Term Plan - Regular Option - Monthly Dividend
HSBC Income Fund - Short Term Plan - Monthly Dividend - Direct Plan
HSBC Income Fund - Short Term Plan - Institutional Option - Monthly Dividend
HSBC Income Fund - Short Term Plan - Institutional Plus Option - Monthly Dividend
27-Jun-16 0.05010 0.04642 11.175925-Jul-16 0.04784 0.04433 11.232125-Aug-16 0.05256 0.04870 11.2645
26-Nov-15 0.05678 0.05261 11.2243
27-Jul-15 0.05814 0.05387 12.0045
30-Dec-11 0.08478 0.07266 10.120027-Jan-12 0.05533 0.04742 10.086624-Feb-12 0.05663 0.04854 10.0881
28-Sep-15 0.06275 0.05814 11.219626-Oct-15 0.06396 0.05926 11.2627
25-May-15 0.05330 0.04938 12.007825-Jun-15 0.06385 0.05915 11.9934
Upon payment of dividend, the NAV per unit falls to the extent of payout and statutory levy, if any. Face value: 10 per unit.`
Investors understand that their principalwill be at Moderately Low risk
Riskometer
Mod
erately Moderate
Low
Hig
h
Low
High
LOW HIGH
Moderately
This product is suitable forinvestors who are seeking*:
• Regular Income over Mediumterm
• Investment in diversifiedportfolio of fixed incomesecurities
HSBC Income Fund - Short Term Plan (HIF-STP)
* Investors should consult their financial advisers if in doubt aboutwhether the product is suitable for them.
This product is suitable for investors who are seeking*:
�
�
�
Overnight liquidity over short term
Investment in Money Market Instruments
Low riskLOW RISK
(BLUE)
Note: Risk is represented as -
*Investors should consult their financial advisers if in doubt whether the product issuitable for them
HSBC Cash Fund (HCF)An Open Ended Liquid Scheme
Investment Objective: Aims to provide reasonable returns, commensurate with low risk while providing a high level of liquidity,through a portfolio of money market and debt securities.
FUND DETAILS
Date of Allotment
Benchmark
NAV (Growth)
(as on 31 )
Average Maturity ofPortfolio
Modified Duration
of Portfolio
Yield To Maturity*
Fund Manager
SIP
Minimum
Application Amount
Sub Options
Exit Load
per unit
.08.16
Monthly Average AUM(In Lakhs)
@
Asset Allocation
Money Market Instruments 61.99%Cash Equivalents 20.75%Fixed Deposit 7.12%Treasury Bill 7.00%Net CurrentAssets 3.14%
@ Effective from March 1, 2013 for prospective investments.
* Based on invested Amount
FUND PORTFOLIO
Money Market Instruments
Fixed Deposit
Treasury Bill
Cash Equivalents
CBLO 48,284.82 19.66%
Reverse Repos 2,665.91 1.09%
Net Current Assets 7,732.33 3.14%
Total Net Assets as on 31-Aug-2016 2,45,547.20 100.00%
Certificate of Deposit
Commercial Paper
Fixed Deposit
Punjab & Sind Bank 7,464.83 3.04% [ICRA]A1+
Canara Bank 4,992.84 2.03% CRISIL A1+
HDFC Bank 4,982.85 2.03% CARE A1+
IDFC Bank 4,982.32 2.03% [ICRA]A1+
Kotak Mahindra Bank 4,977.45 2.03% [ICRA]A1+
Axis Bank 4,975.18 2.03% [ICRA]A1+
Corporation Bank 4,490.98 1.83% CRISIL A1+
Corporation Bank 2,496.46 1.02% CRISIL A1+
State Bank of Patiala 2,494.27 1.02% [ICRA]A1+
Edelwiess Commodities Services 11,936.34 4.86% CRISIL A1+
Indiabulls Housing Finance 9,973.45 4.06% CRISIL A1+
Dewan Housing Finance Corporation 9,972.73 4.06% CRISIL A1+
Reliance Capital 9,958.21 4.06% [ICRA]A1+
India Infoline Wealth Finance 9,953.86 4.05% [ICRA]A1+
Arvind 9,948.26 4.05% CARE A1+
PTC India Financial Services 9,943.04 4.05% CRISIL A1+
Dalmia Cements (Bharat) 5,986.23 2.44% [ICRA]A1+
JK Lakshmi Cement 4,975.98 2.03% CARE A1+
JK Tyre & Industries 4,974.75 2.03% CARE A1+
JM Financial Credit Solutions 4,931.69 2.01% [ICRA]A1+
Welspun India 4,925.41 2.01% Fitch A1+
Inox Wind 4,920.39 2.00% CRISIL A1+
JM Financial Products 4,918.14 2.00% [ICRA]A1+
IL & FS Financial Services 2,499.47 1.02% Fitch A1+
India Infoline Finance 498.55 0.20% CRISIL A1+
Vijaya Bank 10,000.00 4.07% Fixed Deposit
IndusInd Bank 7,500.00 3.05% Fixed Deposit
91 DAYS TREASURY BILL RED 03-11-2016 14,832.96 6.04% SOVEREIGN
91 DAYS TREASURY BILL RED 17-11-2016 2,357.52 0.96% SOVEREIGN
IssuerMarket Value
( in Lacs)`
% to NetAssets
Rating04-Dec-02
CRISIL Liquid Fund Index
1556.1793
0.07 years
0.07 years6.93%
2,30,835.72
Kapil Punjabi
Available
10,000
1,000 p.m.(SIP)
Growth, Daily Dividend,Reinvestment
Weekly Dividend,Reinvestment,
Monthly Dividend (Payout &Reinvestment)
Nil
`
`
`
Rating Profile
AAAand equivalents 61.99%Reverse Repos/ CBLOs 20.75%Fixed Deposit 7.12%Sovereign 7.00%Net CurrentAssets 3.14%
Dividend DeclarationRecord Date / periodof dividend declared
Dividend ( per unit)Non-Institutional
` Dividend ( per unit)Institutional
` NAV ( ) per unit(cum dividend)
`
HSBC Cash Fund - Institutional Option - Monthly Dividend
HSBC Cash Fund - Monthly Dividend - Direct Plan
HSBC Cash Fund - Institutional Plus Option - Monthly Dividend
27-Jun-16 4.85340 4.49659 1006.9700
25-Jul-16 4.09224 3.79138 1005.9161
27-Jun-16 4.89475 4.53489 1007.3695
25-Jul-16 4.10969 3.80755 1006.3070
25-Aug-16 4.30516 3.98865 1006.2109
25-Aug-16 4.34400 4.02463 1006.6314
26-Aug-11 0.04886 0.04686 10.1383
29-Sep-11 0.05876 0.05636 10.1509
28-Oct-11 0.05244 0.05030 10.1428
Upon payment of dividend, the NAV per unit falls to the extent of payout and statutory levy, if any. Face value: 1,000 per unit.`
Weighted Average Monthly Total Expenses ratios(Annualized)
Regular 0.13%
Direct Plan 0.07%
Currently there is no Service Tax levied due to nil InvestmentManagement Fees being charged.
34
Investors understand that their principalwill be at low risk
Riskometer
M
oderately Moderate
Low
Hig
h
Low
High
LOW HIGH
Moderately
This product is suitable forinvestors who are seeking*:• Overnight Liquidity over short
term• Invests in Money Market
Instruments
HSBC Cash Fund (HCF)
* Investors should consult their financial advisers if in doubt aboutwhether the product is suitable for them.
This product is suitable for investors who are seeking*:
�
�
�
Overnight liquidity over short term
Investment in Money Market Instruments
Low riskLOW RISK
(BLUE)
Note: Risk is represented as -
*Investors should consult their financial advisers if in doubt whether the product issuitable for them
HSBC Ultra Short Term Bond Fund (HUSBF)An Open Ended Debt Scheme
Investment Objective: Seeks to provide liquidity and reasonable returns by investing primarily in a mix of short term debt andmoney market instruments.
35
FUND DETAILS
Date of Allotment
Benchmark
NAV (Growth)
(as on 31 )
Average Maturity ofPortfolio
Modified Duration
of Portfolio
Yield To Maturity*
Fund Managers
SIP
Minimum ApplicationAmount
Sub Options
Exit Load
per unit
.08.16
Monthly Average AUM(In Lakhs)
@
Asset Allocation
Money Market Instruments 50.57%
Corporate/ PSU Debt 46.26%
Cash Equivalents 3.02%
Net CurrentAssets 0.15%
@ Effective from March 1, 2013 for prospective investments.
** Composite index of CRISIL Liquid Fund Index(90%) andCRISIL Short Term Bond Fund Index(10%).
* Based on invested Amount
FUND PORTFOLIO
Money Market Instruments
Corporate/ PSU Debt
Cash Equivalents
CBLO 1,522.56 2.87%
Reverse Repos 84.06 0.16%
Net Current Assets 70.92 0.15%
Total Net Assets as on 31-Aug-2016 53,133.09 100.00%
Certificate of Deposit
Commercial Paper
Corporate Bonds / Debentures
Zero Coupon Bonds
IDBI Bank 2,423.30 4.56% CRISIL A1+
Corporation Bank 2,419.78 4.55% CRISIL A1+
Export Import Bank of India 2,417.17 4.55% CRISIL AAA
Andhra Bank 2,416.47 4.55% CARE A1+
Small Industries Development Bank of India 2,413.20 4.54% CARE A1+
Canara Bank 2,410.93 4.54% CRISIL A1+
Adani Ports & Special Economic Zone 4,982.20 9.38% [ICRA]A1+
Inox Wind 2,491.27 4.69% CRISIL A1+
Edelwiess Commodities Services 2,486.26 4.68% CRISIL A1+
Dalmia Cements (Bharat) 2,405.81 4.53% [ICRA]A1+
Rural Electrification Corporation 2,540.73 4.78% CARE AAA
Indiabulls Housing Finance 2,515.81 4.73% CARE AAA
Cholamandalam Investment & Fin Co 2,512.01 4.73% [ICRA]AA
CLP Wind Farm India Pvt 2,510.90 4.73% Fitch AA
Shriram City Union Finance 2,004.95 3.77% CARE AA+
Tata Capital Financial Services 1,999.79 3.76% CRISIL AA+
Shriram Transport Finance Company 1,505.90 2.83% CRISIL AA+
HDFC 1,019.32 1.92% CRISIL AAA
HDFC 1,014.80 1.91% CRISIL AAA
Shriram Transport Finance Company 1,010.80 1.90% CRISIL AA+
Tata Capital Financial Services 1,003.18 1.89% CRISIL AA+
East North Interconnection Company 750.84 1.41% CRISIL AAA (SO)
Power Finance Corporation 509.99 0.96% CRISIL AAA
Shriram Transport Finance Company 60.10 0.11% CRISIL AA+
HDFC 1,425.62 2.68% CRISIL AAA
Cholamandalam Investment & Fin Co 1,102.57 2.08% [ICRA]AA
Cholamandalam Investment & Fin Co 1,101.87 2.07% [ICRA]AA
IssuerMarket Value
( in Lacs)`
% to NetAssets
Rating17-Oct-06
CustomisedBenchmark Index**
13.8059
0.75 years
0.67 years7.40%
51,343.14
Piyush Harlalka &Kapil Punjabi
Available10,000
1,000 p.m.(SIP)Growth, Daily Dividend,
ReinvestmentWeekly Dividend,
ReinvestmentMonthly Dividend (Payout &
Reinvestment)Nil
`
`
`
Rating Profile
AAAand equivalents 68.96%
AA+/AA-/AAand equivalents 27.87%
Reverse Repos/ CBLOs 3.02%
Net CurrentAssets 0.15%
Dividend DeclarationRecord Date / periodof dividend declared
Dividend ( per unit)Non-Institutional
` Dividend ( per unit)Institutional
` NAV ( ) per unit(cum dividend)
`
HSBC Ultra Short Term Bond Fund - Institutional Option - Monthly Dividend
HSBC Ultra Short Term Bond Fund - Monthly Dividend - Direct Plan
HSBC Ultra Short Term Bond Fund - Institutional Plus Option - Monthly Dividend
27-Jun-16 0.04968 0.04603 10.1956
25-Jul-16 0.04979 0.04613 10.1957
25-May-16 0.00122 0.00113 10.1814
27-Jun-16 0.05530 0.05123 10.2563
25-Aug-16 0.04768 0.04417 10.1928
28-Jan-11 0.04829 0.04501 10.3821
25-Feb-11 0.04125 0.03845 10.3741
25-Mar-11 0.05214 0.04859 10.3865
25-Jul-16 0.05459 0.05057 10.2553
Upon payment of dividend, the NAV per unit falls to the extent of payout and statutory levy, if any. Face value: 10 per unit.`
Weighted Average Monthly Total Expenses ratios(Annualized)
Regular 1.00%
Direct Plan 0.20%
Excludes service tax on Investment Management fees of 0.05%of Total NetAssets.
Investors understand that their principalwill be at Moderately Low risk
Riskometer
Modera
tely Moderate
Low
Hig
h
Low
High
LOW HIGH
Moderately
This product is suitable forinvestors who are seeking*:• Liquidity over short term• Investment in Debt / Money
Market Instruments
HSBC Ultra Short Term Bond Fund (HUSBF)
* Investors should consult their financial advisers if in doubt aboutwhether the product is suitable for them.
HSBC Flexi Debt Fund (HFDF)An Open Ended Debt Scheme
Investment Objective: Seeks 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 moneymarket instruments.
36
FUND DETAILS
Date of Allotment
Benchmark
NAV (Growth)(as on 31 )
Average Maturity ofPortfolio
Modified Duration
of Portfolio
Yield To Maturity*
Fund Manager
SIP
Minimum
Application Amount
Exit Load
per unit.08.16
Monthly Average AUM(In Lakhs)
@
Asset Allocation
Government Securities 79.93%
Corporate/ PSU Debt 15.43%
Net CurrentAssets 3.63%
Cash Equivalents 1.01%
@ Effective from March 1, 2013 for prospective investments.
* Based on invested Amount
FUND PORTFOLIO
Corporate/ PSU Debt
Government Securities
Cash Equivalents
CBLO 439.91 0.96%
Reverse Repos 24.29 0.05%
Net Current Assets 1,666.57 3.63%
Total Net Assets as on 31-Aug-2016 46,027.64 100.00%
Corporate Bonds / Debentures
Power Grid Corporation of India 2,213.59 4.81% CRISIL AAA
Power Grid Corporation of India 1,921.59 4.17% CRISIL AAA
LIC Housing Finance 1,533.45 3.33% CRISIL AAA
Rural Electrification Corporation 1,434.45 3.12% CARE AAA
7.72% GOVT OF INDIA RED 25-05-2025 8,091.72 17.58% SOVEREIGN
7.68% GOVT OF INDIA RED 15-12-2023 5,942.39 12.91% SOVEREIGN
7.61% GOVT OF INDIA RED 09-05-2030 4,497.05 9.77% SOVEREIGN
7.73% GOVT OF INDIA RED 19-12-2034 4,343.30 9.44% SOVEREIGN
7.59% GOVT OF INDIA RED 11-01-2026 4,222.11 9.17% SOVEREIGN
7.88% GOVT OF INDIA RED 19-03-2030 2,128.00 4.62% SOVEREIGN
7.59% GOVT OF INDIA RED 20-03-2029 2,110.91 4.59% SOVEREIGN
8.53% BIHAR SDL RED 30-03-2022 2,082.61 4.52% SOVEREIGN
8.18% HARYANA SDL RED 15-06-2022 1,539.91 3.35% SOVEREIGN
7.35% GOVT OF INDIA RED 22-06-2024 912.24 1.98% SOVEREIGN
8.13% GOVT OF INDIA RED 22-06-2045 475.62 1.03% SOVEREIGN
8.53% PUNJAB SDL RED 30-03-2022 447.94 0.97% SOVEREIGN
IssuerMarket Value
( in Lacs)`
% to NetAssets
Rating05-Oct-07
CRISIL Composite BondFund Index
21.4831
10.10 years
6.56 years
7.36%
46,225.21
Sanjay Shah
Available
10,000
1,000 p.m.(SIP)
Nil
`
`
`
Rating Profile
Sovereign 79.93%
AAAand equivalents 15.43%
Net CurrentAssets 3.63%
Reverse Repos/ CBLOs 1.01%
Dividend DeclarationRecord Date / periodof dividend declared
Dividend ( per unit)Non-Institutional
` Dividend ( per unit)Institutional
` NAV ( ) per unit(cum dividend)
`
HSBC Flexi Debt Fund - Regular Option - Monthly Dividend
HSBC Flexi Debt Fund - Institutional Option - Monthly Dividend
HSBC Flexi Debt Fund - Monthly Dividend - Direct Plan
HSBC Flexi Debt Fund - Regular Option - Quarterly Dividend
HSBC Flexi Debt Fund - Institutional Option - Quarterly Dividend
HSBC Flexi Debt Fund - Quarterly Dividend - Direct Plan
HSBC Flexi Debt Fund - Regular Option - Half Yearly Dividend
HSBC Flexi Debt Fund - Institutional Option - Half-yearly Dividend
HSBC Flexi Debt Fund - Half-yearly Dividend - Direct Plan
26-Apr-13 0.05836 0.04973 10.4949
31-May-13 0.11214 0.10740 10.6718
28-Jun-13 0.03263 0.03125 10.4175
27-Jun-16 0.05497 0.05092 10.6611
25-Jul-16 0.16523 0.15308 10.8138
25-Aug-16 0.11924 0.11047 10.7501
25-Aug-15 0.06760 0.06263 10.8080
28-Sep-15 0.09852 0.09127 10.8504
26-Oct-15 0.11441 0.10600 10.8719
25-Mar-15 0.18147 0.16829 12.2052
25-Jun-15 0.18057 0.16729 11.8869
28-Dec-15 0.18057 0.16729 11.8131
28-Mar-16 0.18057 0.16729 11.7472
28-Dec-15 0.18057 0.16729 12.1308
28-Mar-16 0.18057 0.16729 12.0925
25-Mar-15 0.37019 0.34330 12.5368
28-Sep-15 0.36113 0.33458 12.3102
28-Mar-16 0.36113 0.33458 12.1335
25-Mar-15 0.34842 0.32311 11.8530
28-Sep-15 0.36113 0.33458 11.6860
28-Mar-16 0.36113 0.33458 11.5335
28-Sep-15 0.18057 0.16729 11.9644
27-Jun-16 0.18057 0.16729 11.7456
27-Jun-16 0.18057 0.16729 12.1211
14-Sep-12 0.35236 0.30201 11.4315
15-Mar-13 0.35236 0.30201 11.6629
Upon payment of dividend, the NAV per unit falls to the extent of payout and statutory levy, if any. Face value: 10 per unit.`
Weighted Average Monthly Total Expenses ratios(Annualized)
Regular 1.60%Direct Plan 0.85%
Excludes service tax on Investment Management fees of 0.12%of Total NetAssets.
Investors understand that their principalwill be at Moderate risk
Riskometer
Mod
erately Moderate
Low
Hig
h
Low
High
LOW HIGH
Moderately
This product is suitable forinvestors who are seeking*:
• Regular Income over longterm
• Investment in Debt / MoneyMarket Instruments
HSBC Flexi Debt Fund (HFDF)
* Investors should consult their financial advisers if in doubt aboutwhether the product is suitable for them.
37
HSBC MIP - Savings & Regular Plan
HSBC Income Fund - Investment Plan
HSBC Income Fund - Short Term Plan
HSBC Cash Fund
HSBC Ultra Short Term Bond Fund
HSBC Flexi Debt Fund
For Debt portion: Sanjay Shah (from 14 August 2009) & ForEquity portion: Aditya Khemani (from 24 February 2009)
Sanjay Shah (from 09 January 2009)
Sanjay Shah (from 09 January 2009) & Piyush Harlalka (from 05 August 2015)
Kapil Punjabi (from 14 March 2014)
Piyush Harlalka (from 05 August 2015) & Kapil Punjabi (from 18 October 2014)
Sanjay Shah (from 09 January 2009)
Name of Scheme Fund Manager
Fund Manager’s Experience
Sanjay ShahSenior Vice President Head - Fixed IncomeB. Com, A.C.A., Post Graduate Diploma in Management
Experience:
Over 17 years of experience in research and risk
HSBC Asset Management (India) Private Ltd
Senior Vice President & Head – Fixed Income from November 2012 to present,
Vice President & Fund Manager, Fixed Income since December 2008 till November 2012.
FIL Fund Management Private Ltd
Credit Analyst from September 2008 to December 2008
Lehman Brothers Structured Financial Services Private LtdVice President, Convertible Products from September 2006 to September 2008
Rabo India Finance Private LtdSenior Manager – Credit Risk from July 2004 to September 2006
ICICI Bank LtdManager, Credit Risk from January 2003 to June 2004
SBI Funds Management Private LtdChief Manager, Debt Funds from June 1999 to January 2003
�
�
�
�
�
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Kapil Punjabi
Vice President & Fund Manager - Fixed Income
B.M.S, M.M.S (Mumbai University)
Experience:
Over 10 years of experience in research and Fund Management
HSBC Asset Management (India) Private Ltd.Vice President & Fund Manager - Fixed Income from March 04, 2014 onwards.
Taurus Asset Management Company LimitedFund Manager Fixed Income from June 07, 2012 to February 27, 2014.
Edelweiss Asset Management LimitedFund Manager Fixed Income from December 05, 2009 to June 06, 2012.
Edelweiss Securities LimitedManager - Investments from October 2007 to November 2009
Trans Market Group Research (India) Private LimitedResearch Analyst and Proprietary Trader from May 2006 to October 2007.
�
�
�
�
�
Piyush Harlalka
Vice President & Fund Manager – Fixed Income
M.B.A, (Finance), C.A., C.S.
Experience:
Over 10 years of experience in research
HSBC Asset Management (India) Private Limited,
Vice President & Fund Manager – Fixed Income Mutual Fund Division from August 5, 2015 to present;
Vice President & Fund Manager - Portfolio Management Services Division from June 15 to August 4, 2015;
Vice President & Fund Manager – Fixed Income Mutual Fund Division - October 2010 to June 12, 2015;
Assistant Vice President - Investment Management - Portfolio Management Services Division - December 2008
to October 2010;
Research Analyst from July 2007 to November 2008.
Batlivala & Karanai Securities Pvt. Ltd. ,
Assistant Vice President & Research Analyst, from April 2006 to June 2007.
�
�
Funds Managed by - Sanjay Shah (for Debt portion) &Aditya Khemani (for Equity portion)
Funds Managed by - Sanjay Shah.
HSBC MIP - Regular Plan
HSBC MIP - Savings Plan
Date of Inception : 24 Feb 04
Date of Inception : 24 Feb 04
Scheme Name & Benchmarks
Scheme Name & Benchmarks
SinceInception
SinceInception
HSBC MIP - Regular Plan - Growth
Crisil MIP Blended Index (Scheme Benchmark)
Crisil 1 Year T-Bill Index (Standard Benchmark)
Crisil 10 Year Gilt Index (Standard Benchmark)
10,000, if invested in HMIP - R, would have become
10,000, if invested in Crisil MIP Blended Index, would have become
10,000, if invested in Crisil 1 Year T-Bill Index, would have become
10,000, if invested in Crisil 10 Year Gilt Index, would have become
`
`
`
`
HSBC MIP - Savings Plan - Growth
Crisil MIP Blended Index (Scheme Benchmark)
Crisil 1 Year T-Bill Index (Standard Benchmark)
Crisil 10 Year Gilt Index (Standard Benchmark)
10,000, if invested in HMIP - S, would have become
10,000, if invested in Crisil MIP Blended Index, would have become
10,000, if invested in Crisil 1 Year T-Bill Index, would have become
10,000, if invested in Crisil 10 Year Gilt Index, would have become
`
`
`
`
6.10% 9.37% 9.82% 7.95%
8.60% 11.01% 7.85% 7.85%
7.65% 8.52% 5.91% 5.93%
10.01% 11.73% -2.43% 5.39%
10,610 10,937 10,982 25,752
10,860 11,101 10,785 25,448
10,765 10,852 10,591 20,378
11,001 11,173 9,757 19,126
` ` ` `
` ` ` `
` ` ` `
` ` ` `
6.72% 9.94% 14.33% 9.55%
8.60% 11.01% 7.85% 7.85%
7.65% 8.52% 5.91% 5.93%
10.01% 11.73% -2.43% 5.39%
10,672 10,994 11,433 30,861
10,860 11,101 10,785 25,448
10,765 10,852 10,591 20,378
11,001 11,173 9,757 19,126
` ` ` `
` ` ` `
` ` ` `
` ` ` `
Past performance may or may not be sustained in the future. Refer note below.
Past performance may or may not be sustained in the future. Refer note below.
Past performance may or may not be sustained in the future. Refer note below.
Data for the period July to June has been considered in all cases, except for ‘Since Inception’ returns. ‘Since Inception’ (%) returns arecompounded annualised, other % returns are simple annualised. ‘Since inception’ returns are calculated on 10 invested at inception.Standard benchmark is prescribed by SEBI and is used for comparison purposes. Returns on 10,000 are point-to-point returns for thespecific time period, invested at the start of the period. The returns provided above have been rounded off and hence there may be minordifferences between point-to-point returns vis-a-vis returns indicated above.
`
`
Comparative Performance of Debt Schemes
38
July 15 -June 16
July 14 -June 15
July 13 -June 14
July 15 -June 16
July 14 -June 15
July 13 -June 14
HSBC Income Fund - Investment Plan Date of Inception : 10 Dec 02
Scheme Name & Benchmarks SinceInception
HSBC Income Fund - Investment Plan - Growth
Crisil Composite Bond Fund Index (Scheme Benchmark)
Crisil 10 Year Gilt Index (Standard Benchmark)
10,000, if invested in HIF - IP, would have become
10,000, if invested in Crisil Composite Bond Fund Index, would have become
10,000, if invested in Crisil 10 Year Gilt Index, would have become
`
`
`
8.02% 9.90% 2.47% 7.14%
10.16% 11.11% 4.51% 6.61%
10.01% 11.73% -2.43% 5.98%
10,802 10,990 10,247 25,499
11,016 11,111 10,451 23,844
11,001 11,173 9,757 21,976
` ` ` `
` ` ` `
` ` ` `
July 15 -June 16
July 14 -June 15
July 13 -June 14
Data for the period July to June has been considered in all cases, except for ‘Since Inception’ returns. ‘Since Inception’ (%) returns arecompounded annualised, other % returns are simple annualised. ‘Since inception’ returns are calculated on 10 invested at inception.Standard benchmark is prescribed by SEBI and is used for comparison purposes. Returns on 10,000 are point-to-point returns for thespecific time period, invested at the start of the period. The returns provided above have been rounded off and hence there may be minordifferences between point-to-point returns vis-a-vis returns indicated above.
`
`
HSBC Flexi Debt Fund Date of Inception: 05 Oct 07
Scheme Name & Benchmarks SinceInception
HSBC Flexi Debt Fund - Growth
Crisil Composite Bond Fund Index (Scheme Benchmark)
Crisil 10 Year Gilt Index (Standard Benchmark)
10,000, if invested in HFDF, would have become
10,000, if invested in Crisil Composite Bond Fund Index, would have become
10,000, if invested in Crisil 10 Year Gilt Index, would have become
`
`
`
8.23% 10.09% 3.88% 8.69%
10.16% 11.11% 4.51% 7.73%
10.01% 11.73% -2.43% 6.84%
10,823 11,009 10,388 20,726
11,016 11,111 10,451 19,175
11,001 11,173 9,757 17,837
` ` ` `
` ` ` `
` ` ` `
Past performance may or may not be sustained in the future. Refer note below.
Comparative Performance of Debt Schemes
39
HSBC Income Fund - STP Date of Inception : 10 Dec 02
Scheme Name & Benchmarks SinceInception
HSBC Income Fund - S T P - Growth
Crisil Short Term Bond Fund Index (Scheme Benchmark)
Crisil 1 Year T-Bill Index (Standard Benchmark)
10,000, if invested in HIF -ST, would have become
10,000, if invested in Crisil Short Term Bond Fund Index, would have become
10,000, if invested in Crisil 1 Year T-Bill Index, would have become
`
`
`
7.96% 8.79% 7.56% 7.09%
8.91% 9.54% 8.75% 7.08%
7.65% 8.52% 5.91% 5.88%
10,796 10,879 10,756 25,343
10,891 10,954 10,875 25,306
10,765 10,852 10,591 21,707
` ` ` `
` ` ` `
` ` ` `
Past performance may or may not be sustained in the future. Refer note below.
Fund Managed by - Sanjay Shah & Piyush Harlalka.
July 15 -June 16
July 14 -June 15
July 13 -June 14
July 15 -June 16
July 14 -June 15
July 13 -June 14
HSBC Cash Fund@
Date of Inception: 04 Dec 02
Scheme Name & Benchmarks July 15 -June 16
July 14 -June 15
July 13 -June 14
SinceInception
HSBC Cash Fund - Growth
Crisil Liquid Fund Index (SchemeBenchmark)
Crisil 91 Day T-Bill Index (StandardBenchmark)
`
`
`
10,000, if invested in HCF, would havebecome
10,000, if invested in Crisil Liquid FundIndex, would have become
10,000, if invested in Crisil 91 Day T-BillIndex, would have become
HSBC Ultra Short Term Bond Fund$
Date of Inception :17 Oct 06
Scheme Name & Benchmarks SinceInception
HSBC Ultra Short Term Bond Fund - Growth
Customised Benchmark Index Fund (Scheme Benchmark)*
Crisil 1 Year T-Bill Index (Standard Benchmark)
10,000, if invested in HUSTBF, would have become
10,000, if invested in Customised Benchmark Index, would have become
10,000, if invested in Crisil 1 Year T-Bill Index, would have become
`
`
`
7.82% 8.64% 9.32% 8.59%
7.98% 8.83% 9.55% 8.69%
7.65% 8.52% 5.91% 7.51%
10,782 10,864 10,932 13,621
10,798 10,883 10,955 13,668
10,765 10,852 10,591 13,121
` ` ` `
` ` ` `
` ` ` `
Past performance may or may not be sustained in the future. Refer note below.
Last 7 Daysas on 30
June 2016
Last 15 Daysas on 30
June 2016
Last 30 Daysas on 30
June 2016
7.64% 7.46% 7.48% 7.98% 8.81% 9.59% 8.76%
8.20% 7.47% 7.82% 7.88% 8.75% 9.64% 8.61%
6.84% 6.85% 6.99% 7.54% 8.67% 8.76% 8.22%
10,015 10,031 10,061 10,798 10,881 10,959 15,379
10,016 10,031 10,064 10,788 10,875 10,964 15,268
10,013 10,028 10,057 10,754 10,867 10,876 14,992
` ` ` ` ` ` `
` ` ` ` ` ` `
` ` ` ` ` ` `
Past performance may or may not be sustained in the future. Refer note below.
@ Pursuant to SEBI circular dated Sept 13, 2012, certain Plans / Options within the schemes have been discontinued to comply with a single plan structure.Since there was no continuous NAV history available for the surviving Plan prior to 19 May 2011, returns since the said date have been considered forcalculating performance. The inception date of HSBC Cash Fund however is 4 December 2002.
Data for the period July to June has been considered in all cases, except for ‘Since Inception’ returns. ‘Since Inception’ (%) returns arecompounded annualised, other % returns are simple annualised. ‘Since inception’ returns are calculated on 10 invested at inception.Standard benchmark is prescribed by SEBI and is used for comparison purposes. Returns on 10,000 are point-to-point returns for thespecific time period, invested at the start of the period. The returns provided above have been rounded off and hence there may be minordifferences between point-to-point returns vis-a-vis returns indicated above.
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Comparative Performance of Debt Schemes
40
Fund Managed by - Piyush Harlalka & Kapil Punjabi.
* Composite index of CRISILLiquid Fund Index (90%) and CRISILShort Term Bond Fund Index (10%).
$ Pursuant to SEBI circular dated Sept. 13, 2012, certain Plans / Options within the schemes have been discontinued to comply with a single planstructure.Since there was no continuous NAV history available for the surviving Plan prior to 1 October 2012, returns since the said date have been consideredfor calculating performance. The inception date of HSBC Ultra Short Term Bond Fund however is 17 October 2006.
Fund Managed by - Kapil Punjabi.
July 15 -June 16
July 14 -June 15
July 13 -June 14
Fund Manager
ApplicationAmount for Fresh Subscription
MinimumAdditionalAmount
Yield to Maturity
SIP
NAV
Benchmark
Entry Load
Exit Load
Modified Duration
Standard Deviation
Sharpe Ratio
Beta
AUM
Holdings
Nature of Scheme
Rating Profile
An employee of the asset management company such as a mutual fund or life insurer, who manages investments of the scheme. He isusually part of a larger team of fund managers and research analysts.
This is the minimum investment amount for a new investor in a mutual fund scheme,
This is the minimum investment amount for an existing investor in a mutual fund scheme.
The Yield to Maturity or the YTM is the rate of return anticipated on a bond if held until maturity. YTM is expressed as an annual rate. The YTMfactors in the bond's current market price, par value, coupon interest rate and time to maturity.
SIP or systematic investment plan works on the principle of making periodic investments of a fixed sum. It works similar to a recurring bankdeposit. For instance, an investor may opt for an SIP that invests 500 every 15 of the month in an equity fund for a period of three years.
The NAV or the net asset value is the total asset value per unit of the mutual fund after deducting all related and permissible expenses. TheNAV is calculated at the end of every business day. It is the value at which the investor enters or exits the mutual fund.
Agroup of securities, usually a market index, whose performance is used as a standard or benchmark to measure investment performance ofmutual funds, among other investments. Some typical benchmarks include the Nifty, Sensex, BSE200, BSE500, 10-Year Gsec.
Amutual fund may have a sales charge or load at the time of entry and/or exit to compensate the distributor/agent. Entry load is charged at thetime an investor purchases the units of a mutual fund. The entry load is added to the prevailing NAV at the time of investment. For instance, ifthe NAV is 100 and the entry load is 1%, the investor will enter the fund at 101.
Exit load is charged at the time an investor redeems the units of a mutual fund. The exit load is deducted from the prevailing NAV at the time ofredemption. For instance, if the NAV is Rs 100 and the exit load is 1%, the redemption price would be 99 per unit.
Modified duration is the price sensitivity and the percentage change in price for a unit change in yield.
Standard deviation is a statistical measure of the range of an investment's performance. When a mutual fund has a high standard deviation,its means its range of performance is wide, implying greater volatility.
The Sharpe Ratio, named after its founder, the Nobel Laureate William Sharpe, is a measure of risk-adjusted returns. It is calculated usingstandard deviation and excess return to determine reward per unit of risk.
Beta is a measure of an investment's volatility vis-a-vis the market. Beta of less than 1 means that the security will be less volatile than themarket.Abeta of greater than 1 implies that the security's price will be more volatile than the market.
AUM or assets under management refers to the recent I updated cumulative market value of investments managed by a mutual fund or anyinvestment firm.
The holdings or the portfolio is a mutual fund's latest or updated reported statement of investments/securities. These are usually displayed interms 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 investedby the fund manager.
The investment objective and underlying investments determine the nature of the mutual fund scheme. For instance, a mutual fund that aimsat generating capital appreciation by investing in stock markets is an equity fund or growth fund. Likewise, a mutual fund that aims at capitalpreservation by investing in debt markets is a debt fund or income fund. Each of these categories may have sub-categories.
Mutual funds invest in securities after evaluating their creditworthiness as disclosed by the ratings. A depiction of the mutual fund in variousinvestments based on their ratings becomes the rating profile of the fund. Typically, this is a feature of debt funds.
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Note: SEBI, vide circular dated June 30, 2009 has abolished entry loan and mandated that the upfront commission to distributors will be paid by the investor directly to thedistributor, based on his assessment of various factors including the services rendered by the distributor.
Section II - How to read Factsheet
41
All returns have been sourced from MutualFundsIndia Explorer software unless otherwise stated. With regard to equity
schemes (including the equity component of MIPs), Fund performance is calculated on a total return basis (i.e. it includes
dividends re-invested) while the benchmark is calculated on a price return basis (i.e. it does not consider dividends re-
invested).
This document has been prepared by HSBCAsset Management (India) Private Ltd (HSBC) for information purposes only and
should not be construed as an offer or solicitation of an offer for purchase of any of the funds of HSBC Mutual Fund. All
information contained in this document (including that sourced from third parties), is obtained from sources HSBC, the third
party believes to be reliable but which it has not independently verified and HSBC, the third party makes no guarantee,
representation or warranty and accepts no responsibility or liability as to the accuracy or completeness of such information.
The information and opinions contained within the document are based upon publicly available information and rates of
taxation applicable at the time of publication, which are subject to change from time to time. Expressions of opinion are those of
HSBC only and are subject to change without notice. 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 financial
advice regarding the appropriateness of investing in any securities or investment strategies that may have been discussed or
recommended in this report and should understand that the views regarding future prospects may or may not be realized.
Neither this document nor the units of HSBC Mutual Fund have been registered in any jurisdiction. The distribution of this
document in certain jurisdictions may be 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. Mutual fund investments are
subject to market risks. Please read the Scheme Information Document carefully before investing.
Investors should not invest in the Scheme solely based on the information provided in this document and should read the
Combined 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.
1800-200-2434 OR +91 44 39923900 to connect to our customer care centre.
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Mutual Fund investments are subject to market risks, read all scheme related documents carefully.
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