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The Asset
Factsheet – March 2017
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
Fund Manager Wise Comparative Performance of Equity Schemes
HSBC Monthly Income Plan
HSBC Dynamic Fund
HSBCAsia Pacific (Ex Japan) Dividend Yield Fund
HSBC Income Fund - Investment Plan
HSBC Income Fund - Short Term Plan
HSBC Cash Fund
HSBC Ultra Short Term Bond Fund
HSBC Flexi Debt Fund
Fund Managers - MIP & Debt
Comparative Performance of Debt Schemes
Section II - How to read Factsheet
HSBC Global Consumer Opportunities Fund
SIP Performance of Equity Schemes
Fund Manager Wise
01
05
06
07
08
09
10
11
12
13
14
15
16
17
19
21
26
31
32
33
34
35
36
37
38
40
18
-
Equity markets surged higher
Equity Market Outlook
Equity market indices surged higher on the back of a resounding victory for the ruling party in the key state elections, combined with strong FII
inflows. BSE Sensex and NSE CNX Nifty traded strong during the month and were up 3.1% & 3.3% respectively, while the mid and small cap
indices outperformed the large cap indices for the third month running. BSE Midcap and Smallcap indices were up 4% and 5.4% respectively
during the month.
Bhartiya Janata Party (BJP) won a landslide victory in the assembly elections for the key state of Uttar Pradesh, an outcome that was keenly
followed by the market participants. BJP and its allies formed governments in 4 out of 5 states that went to polls during this assembly election
cycle.
Goods and Services Tax (GST) is now closer to reality with the Lok Sabha approving four supplementary legislations, though clarity on thefinal products classification under the four different tax slabs is still awaited. As part of finalising the operational aspects, the GST Counciltentatively approved four sets of rules on aspects like invoice and payment apart from the five sets of rules approved earlier. The governmentis working with an implementation date of 01 July 2017.
It was a strong month on the Foreign Institutional Investors (FII) flows front with about USD 5.14 bn of net inflows, recording a 77- month highon the monthly net inflows figure. The YTD net inflows from the FII segment now stands at an impressive figure of about USD 6.69 bn. Therewas a reversal in the net inflows trend from the Domestic Institutional Investors (DII) segment though, as they turned net sellers after 6consecutive months of net inflows.
The INR saw further appreciation versus the USD (up 2.8% MoM) and closed at 64.85 to the USD, a level last seen during Oct / Nov 2015period. From the recent peak levels seen during Nov 2016, the INR has seen an appreciation of about 6%.
FII segment saw substantial net inflows, registering a multi-year high on the monthly inflows during March 2017. FIIs net bought equities
worth about USD 5.14 bn during the month and this has taken their YTD tally to about USD 6.69 bn of net inflows. The Domestic Institutional
Investors (DIIs) on the other hand continued to see a similar trend of net inflows from MFs and outflows from the Insurers. However, the net
inflows trend seen from the DIIs reversed after 6 months and the segment saw net outflows to the tune of about USD 654 mn, as the domestic
insurers saw net outflows of about USD 1.3 bn. The MFs on the other hand saw net inflows of about USD 651 mn for the month. On YTD basis,
MF segment has seen net inflows of about USD 1.72 bn, while the insurance segment has seen net outflows to the tune of about USD 1.54
bn.
On expected lines, the US federal reserve in its March meeting decided on a 25 bps rate hike, that took the federal funds rate range between
0.75% - 1%. This was the third rate hike since December 2015 and signals from the meeting suggested that there could be two more rate
hikes in 2017. March saw global equities edge higher for a fifth straight month with the MSCI AC World Index rising by 0.8% (this index is up
5.9% on YTD basis), supported by a continuation of upbeat economic data releases, and a slightly more dovish tone from the March Federal
Reserve meeting than expected. Within Developed Markets, US equities traded flat during the month, on the back of the uncertainty over the
policy outlook under the new administration, as well as lower oil prices due to renewed supply glut concerns. Lack of clarity in the US policy
also pushed the US dollar lower against most major currencies.
External
Global Economic Scenario
Institutional Fund Flows
After a strong performance during the first quarter of the calendar year, equity markets are currently trading slightly above the historicalaverages. The BSE Sensex has gained an impressive 11.2% on a CYTD basis, while the Nifty has moved up by 12.1% for the same period.Both BSE Midcap & Smallcap indices have outperformed the market indices and are up 17.2% & 19.8% respectively for the Jan-Mar 2017quarter. Looking ahead, the key factors to consider would be the GST implementation timeline, the progress of the monsoon (there has beena prediction of a below normal monsoon this year by a private agency) and how the 4QFY17 earnings season will pan out given that themarkets are currently trading slightly above the historical averages.
Moving into FY 2018, we expect a continuation of the economic recovery process domestically, led by better margins – due to lower input andinterest costs and followed by a volume recovery. Government led investment spending and urban consumption are likely to lead with privatesector investments and rural consumption contributing later. On the policy front, Government has done its fair bit to improve the investmentenvironment and the GST, a mega tax reform is now closer to reality. The ruling party at the centre has done well in the recent state assemblyelections, especially in the key state of Uttar Pradesh and this is likely to provide it with the political capital to pursue and implement economicreforms more aggressively. Risks are in the form of market valuations trending above historical averages and the chances of a deficientrainfall during this monsoon season. External news flow would also influence market performance in the near term, as the recent rally in themarkets was supported by strong FII inflows.
Fund Manager Commentary
01
Source: Bloomberg; Bombay Stock Exchange (BSE)
0.0%
1.0%
2.0%
3.0%
4.0%
5.0%
6.0%
Sensex Nifty BSE200 BSE500 BSE
MidCap
BSE
SmallCap
Indices Performance - Mar 2017
-5.0%
0.0%
5.0%
10.0%
15.0%
Ja
n/1
3
Mar/
13
May/1
3
Ju
l/13
Sep
/13
No
v/1
3
Ja
n/1
4
Mar/
14
May/1
4
Ju
l/14
Sep
/14
No
v/1
4
Ja
n/1
5
Mar/
15
May/1
5
Ju
l/15
Sep
/15
No
v/1
5
Ja
n/1
6
Mar/
16
May/1
6
Ju
l/16
Sep
/16
No
v/1
6
Ja
n/1
7
Index of Industrial Production (IIP)
IIP YoY Growth (New Series; base 2004- 05)
Economic Events and Data
Index Of Industrial Production (IIP)
RBI Policy – Status Quo; policy corridor narrowed
While RBI retained the policy rate (Repo rate) at 6.25% with a “neutral” stance, the main action was narrowing the policy corridor to +/- 25bp
from +/- 50 bps on the consideration that this would bring the overnight rates closer to policy rate. Recent surplus liquidity situation has
resulted in overnight rates being materially below the call rates. Liquidity is expected to be managed with a mix of various instruments such as
reverse repos, term repos, Open Market Operations (OMOs) and Cash Management Bills (CMBs). Policy action has been driven by
persistently higher core Consumer Price Index (CPI) with upside risks driven by El Nino, impact of 7th Pay commission, loan waivers and
commodity prices and gradual closing of output gap with economic growth.
IIP - India - IIP grew by 2.7% in January versus the previous reading of -0.4% reconfirming the transitory impact of demonetisation. This is
primarily lead by capital goods and consumer durables production. Capital goods saw a growth of 11.2% in January and consumer durables
also bounced back to a growth of 8.1% MoM.
Marginal increase in CPI inflation, demonetisation impact on veg prices continues
CPI - India
WPI – India
Trade deficit Narrows driven by exports
- CPI accelerated to 3.65% as compared to 3.2% seen in January. The increase is contributed by sugar and fruits. Vegetables
inflation seems to have bottomed. Commodity prices have also contributed to higher inflation. Core inflation is marginally lower to 4.75% as
compared to 4.9% in the previous months.
- WPI accelerated to 6.55% as compared to 5.2% in January. The pickup is broad based across all components. Food inflation
was led by fruits and vegetables indicating the prices have bottomed out at the wholesale levels. Core Inflation has moderated to 2.4%
compared to 2.7% in the previous month.
Trade deficit- India’s trade deficit narrowed to USD 8.9 bn as compared to USD 9.8 bn in the previous month. Exports grew at 17.5% YoY and
are currently at USD 24.5bn driven by high end engineering goods and gems and jewellery. Imports have also ticked higher especially oil
imports which are up 60% YoY at USD 7.68 bn. There has been higher external demand as compared to domestic demand with the deficit
narrowing further by USD 0.9bn.
Fund Manager Commentary
02
Source: Bloomberg; Central Statistical Organization (CSO) India
Source: Bloomberg
0
2
4
6
8
10
Feb
-14
Apr-
14
Ju
n-1
4
Aug
-14
Oct-
14
De
c-1
4
Feb
-15
Apr-
15
Ju
n-1
5
Aug
-15
Oct-
15
De
c-1
5
Feb
-16
Apr-
16
Ju
n-1
6
Aug
-16
Oct-
16
De
c-1
6
Feb
-17
CPI Inflation (%)
Consumer Price Index (CPI)
Repo Rate
4.00%
5.00%
6.00%
7.00%
8.00%
9.00%
10.00%
Jul/07
Mar/
08
Nov/0
8
Jul/09
Mar/
10
Nov/1
0
Jul/11
Mar/
12
Nov/1
2
Jul/13
Mar/
14
Nov/1
4
Jul/15
Mar/
16
Repo Rate Movement
GDP – limited demonetisation impact
Markets in frenzy
India GDP: Q3 FY 17 GDP growth at 7% YoY displayed a muted impact of demonetisation. Agricultural growth accelerated sharply, public
expenditure was growth supportive. As expected Real Estate, Services and Financials were largely hit and recorded the lowest growth at
3.1% YoY.
As the informal economy play's a limited role in the formal economy, slowdown in the GDP can largely be delinked from the process of
demonetisation. This is in line with RBI's expectations, whereby they had revised their GDP forecasts lower and anticipated the process of
demonetisation to be transitory in nature.
Money market flush with liquidity
Liquidity remained positive through the month. Short term securities have seen issuances in the corporate bond space with the same being
absorbed in a non- disruptive manner.
MarketActivity
Markets witnessed two way sharp actions due to a short squeeze and reversal of the same. The month began with 10 year G - Secs at 6.85%
and closed the month at 6.60%. Yields are lower by 20bps to 30 bps across various G-Sec, SDLs, Uday and corporate bonds.
In the G-Sec segment, demand supply equation remains favourable with lesser than expected net market borrowing announced in the recent
budget. However with the supply tilted in the first half, we may see an opportunity spread widening and a term premium over overnight rate
may stabilise at 50-70 bps. On the corporate bond side, spreads have seen some widening at over 90 bps in March and with issuances largely
out of the way, we could see some compression here. Liquidity continues to remain well managed and we expect overnight rates to hover
between repo (6.25%) and reverse repo (6%).
Investors may be better off investing fixed income allocations in short and intermediate duration funds for liquidity and spread plays. Some
exposure to flexi duration funds, which may capitalise on yield compression opportunities can also be considered. We are positioning the
funds to benefit from these opportunities by having more exposure to corporate and spread assets up to 10 years maturity.
Going Forward
03
Fund Manager Commentary
Source: Bloomberg, for all data except where mentioned otherwise
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 benchmark for HSBC Equity Fund and HSBC India Opportunities Fund have changed w.e.f. 11th November, 2016 as a more suitable benchmarkwas identified which better matched the portfolio strategy. There has been no change to investment management of the scheme.
Review: HSBC Equity Fund
Positive ContributorsFinancials – being overweight & certain stock(s) selection helped performanceIndustrials, Consumer Discretionary, Energy & Information Technology – certain stock (s) selection helped performanceTelecommunication – being underweight helped performance
Negative ContributorsHealthcare - certain stock(s) selection hurt performanceConsumer Staples - being underweight hurt performance.
Review: HSBC India Opportunities Fund
Positive Contributors
Industrials – being overweight & certain stock (s) selection helped performance
Materials – certain stock(s) selection helped performance
Information Technology & Energy – being underweight & certain stock(s) selection helped performance
Telecommunication & Utilities – being underweight helped performance
Negative Contributors
Financials & Healthcare – certain stock(s) selection hurt performance.
Review: HSBC Midcap Equity Fund
Positive ContributorsMaterials - certain stock(s) selection helped performanceHealthcare & Energy – being underweight & certain stock(s) selection helped performanceTelecommunication – being underweight helped performance
Negative ContributorsFinancials & Industrials – certain stock(s) selection hurt performanceConsumer Discretionary & Consumer Staples – being underweight & certain stock(s) selection hurt performanceInformation Technology – being overweight & certain stock(s) selection hurt performanceUtilities – being underweight hurt performance.
Review: HSBC Dynamic Fund
The cash levels and sector allocation in the fund are likely to change depending on the market conditions and technical factors.
Review: HSBC Monthly Income Plan
Our current exposure is 23.72% in HMIP. 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%Excludes service tax on Investment Management fees of 0.23%of Total NetAssets.
0.82
Asset Allocation
Auto 8.69%
AutoAncillaries 1.86%
Banks 32.25%
Cement 2.79%
Construction 1.50%
Construction Project 3.95%
Consumer Non Durables 6.55%
Finance 4.58%
Media & Entertainment 1.98%
Non - Ferrous Metals 3.67%
Pesticides 3.04%
Petroleum Products 7.14%
Pharmaceuticals 5.68%
Power 2.57%
Software 11.46%
Other Equity Investments 0.61%
Reverse Repos/CBLOs 1.46%
Net CurrentAssets 0.22%
Total NetAssets 100.00%
Statistical ratios disclosed as per monthly returns (absolute) forthe last 3 years.
$The benchmark was changed w.e.f. 11th November, 2016 as amore suitable benchmark was identified which better matchedthe portfolio strategy. There has been no change to investmentmanagement of the scheme.
@ Effective from March 1, 2013 for prospective investments.
**Risk free rate: 7.37% (FIMMDA-NSE Mibor) as on March 31,2017)
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
Tata Motors 2,795.10 4.67%
Maruti Suzuki India 2,406.28 4.02%
Motherson Sumi Systems 1,115.70 1.86%
HDFC Bank 5,770.20 9.64%
IndusInd Bank 3,562.88 5.95%
Yes Bank 3,093.50 5.17%
ICICI Bank 2,768.50 4.62%
Kotak Mahindra Bank 2,354.94 3.93%
State Bank of India 1,760.40 2.94%
Dalmia Bharat 1,670.85 2.79%
J.Kumar Infraprojects 900.05 1.50%
Larsen & Toubro 2,362.35 3.95%
ITC 3,924.20 6.55%
HDFC 1,502.10 2.51%
LIC Housing Finance 1,236.90 2.07%
Sun TV Network 1,185.98 1.98%
Vedanta 2,199.60 3.67%
UPL 1,817.25 3.04%
Reliance Industries 3,302.25 5.52%
Indian Oil Corporation 967.63 1.62%
Aurobindo Pharma 1,519.20 2.54%
Sun Pharmaceuticals Industries 1,032.23 1.72%
Glenmark Pharmaceuticals 852.10 1.42%
Power Grid Corporation of India 789.20 1.32%
NTPC 747.00 1.25%
Infosys 3,322.31 5.55%
HCL Technologies 2,624.25 4.38%
Tech Mahindra 918.30 1.53%
Auto Ancillaries
Banks
Cement
Construction
Construction Project
Consumer Non Durables
Finance
Media & Entertainment
Non - Ferrous Metals
Pesticides
Petroleum Products
Pharmaceuticals
Power
Software
Other Equity Investments 367.99 0.61%
Cash Equivalents
Reverse Repos 873.25 1.46%
Net Current Assets 124.03 0.22%
Total Net Assets As on 31-Mar-2017 59,866.50 100.00%
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 - Dividend27-Jun-14 2.50000 2.50000 31.206510-Nov-15 3.70000 3.70000 29.4046
27-Jun-14 2.50000 2.50000 31.584510-Nov-15 3.70000 3.70000 30.0806
02-Nov-16 3.00000 3.00000 30.0022HSBC Equity Fund - Dividend - Direct Plan
02-Nov-16 3.00000 3.00000 31.0071
Date of Allotment
BenchmarkNAV (Growth)(as on 31.03.17)Monthly Average AUM(In Lakhs)Fund ManagerSIPMinimumApplication Amount
Exit Load
Standard DeviationBeta (Slope)Sharpe Ratio**
$
@
per unit
Statistical Ratios
10-Dec-02Nifty 50
176.9354
59,577.36
Neelotpal SahaiAvailable
10,000
1,000 p.m.(SIP)
Nil
4.73%
`
`
`
1.05760.1752
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)
06
FUND DETAILS
Weighted Average Monthly Total Expenses ratios(Annualized)
Portfolio Turnover
Regular 2.49%
Direct Plan 1.78%
Excludes service tax on Investment Management fees of 0.30%of Total NetAssets.
0.36
Asset Allocation
Auto 8.51%AutoAncillaries 3.01%Banks 24.84%Cement 3.79%Chemicals 1.67%Construction 2.59%Consumer Durables 1.52%Consumer Non Durables 4.63%Ferrous Metals 2.62%Finance 7.81%Industrial Products 3.44%Media & Entertainment 2.13%Non - Ferrous Metals 2.42%Oil 1.68%Pesticides 3.20%Petroleum Products 3.64%Pharmaceuticals 5.32%Software 8.35%Textile Products 3.41%Other Equity Investments 2.93%Reverse Repos/CBLOs 3.50%Net CurrentAssets -1.01%Total NetAssets 100.00%
Statistical ratios disclosed as per monthly returns forthe last 3 years.
$The benchmark was changed w.e.f. 11th November, 2016 as amore suitable benchmark was identified which better matchedthe portfolio strategy. There has been no change to investmentmanagement of the scheme.
(absolute)
**Risk free rate: 7.37% (FIMMDA-NSE Mibor) as on
@Effective from March 1, 2013 for prospective investments.
March 31,2017)
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
Tata Motors 2,329.25 5.13%
Eicher Motors 1,535.25 3.38%
Balkrishna Industries 693.08 1.53%
Exide Industries 673.05 1.48%
HDFC Bank 4,327.65 9.53%
ICICI Bank 2,491.65 5.49%
Yes Bank 2,320.13 5.11%
IndusInd Bank 2,137.73 4.71%
JK Cement 934.95 2.06%
Dalmia Bharat 786.28 1.73%
Vinati Organics 758.00 1.67%
Ahluwalia Contracts (India) 627.50 1.38%
Somany Ceramics 550.56 1.21%
Blue Star 692.40 1.52%
ITC 2,102.25 4.63%
Srikalahasthi Pipes 702.00 1.55%
Jindal Steel & Power 484.00 1.07%
Bajaj Finance 1,756.65 3.87%
Manappuram Finance 981.50 2.16%
Bharat Financial Inclusion 808.40 1.78%
Supreme Industries 1,092.65 2.41%
Astral Poly Technik 465.50 1.03%
Dish TV India 967.50 2.13%
Vedanta 1,099.80 2.42%
Cairn India 764.63 1.68%
UPL 1,453.80 3.20%
Reliance Industries 1,651.13 3.64%
Aurobindo Pharma 1,350.40 2.97%
Glenmark Pharmaceuticals 1,065.13 2.35%
Infosys 2,044.50 4.50%
HCL Technologies 1,749.50 3.85%
Welspun India 1,053.00 2.32%
Arvind 493.69 1.09%
Auto Ancillaries
Banks
Cement
Chemicals
Construction
Consumer Durables
Consumer Non Durables
Ferrous Metals
Finance
Industrial Products
Media & Entertainment
Non - Ferrous Metals
Oil
Pesticides
Petroleum Products
Pharmaceuticals
Software
Textile Products
Other Equity Investments 1,329.73 2.93%
Cash Equivalents
Reverse Repos 1,591.39 3.50%
Net Current Assets -450.81 -1.01%
Total Net Assets As on 31-Mar-2017 45,413.79 100.00%
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
17-Mar-15 2.70000 2.70000 27.082010-Nov-15 1.50000 1.50000 21.8624
17-Mar-15 1.50000 1.50000 27.557510-Nov-15 1.50000 1.50000 23.4738
24-Mar-17 1.50000 1.50000 25.8408
24-Mar-17 1.50000 1.50000 28.1677
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 )
Fund Manager
SIP
Minimum
Application Amount
Exit Load
Standard Deviation
Beta (Slope)
Sharpe Ratio**
$
@
per unit
Monthly Average AUM(In Lakhs)
31.03.17
Statistical Ratios
24-Feb-04
S&P BSE 200
77.2302
44,550.38
Neelotpal Sahai
Available
10,000
1,000 p.m.(SIP)
Nil
5.18%
1.1372
0.2361
`
`
`
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 2.55%
Direct Plan 1.80%
Excludes service tax on Investment Management fees of 0.25%of Total NetAssets.
0.30
Asset Allocation
Statistical ratios disclosed as per monthly returns forthe last 3 years.
(absolute)
**Risk free rate: 7.37% (FIMMDA-NSE Mibor) as on)
@ Effective from March 1, 2013 for prospective investments.
March 31,2017
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
VST Tillers Tractors 1,501.87 3.49%
Apollo Tyres 709.58 1.65%
Federal Bank 457.25 1.06%
Deccan Cements 1,593.05 3.71%
Vinati Organics 2,093.39 4.87%
Navin Fluorine International 965.96 2.25%
Balaji Amines 912.07 2.12%
Ahluwalia Contracts (India) 901.15 2.10%
IRB Infrastructure Developers 851.04 1.98%
Power Mech Projects 1,015.08 2.36%
CCl Products (India) 2,253.30 5.24%
Kaveri Seed Company 1,082.91 2.52%
Srikalahasthi Pipes 1,144.35 2.66%
Manappuram Finance 2,366.40 5.51%
Motilal Oswal Financial Services 2,275.41 5.29%
Indiabulls Housing Finance 1,940.62 4.51%
Muthoot Finance 1,520.07 3.54%
Bharat Financial Inclusion 1,261.10 2.93%
Cholamandalam Investment & Fin Corporation 1,021.79 2.38%
Sanghvi Movers 1,335.64 3.11%
Inox Wind 705.66 1.64%
Finolex Industries 1,197.16 2.79%
Ramkrishna Forgings 938.63 2.18%
Jagran Prakashan 1,627.45 3.79%
Hindustan Media Ventures 753.38 1.75%
Gujarat Mineral Development Corporation 764.97 1.78%
UPL 1,170.31 2.72%
PI Industries 651.87 1.52%
Hindustan Petroleum Corporation 972.45 2.26%
GOCL Corporation 671.74 1.56%
Aurobindo Pharma 1,671.89 3.89%
Wockhardt 683.29 1.59%
Kalpataru Power Transmission 602.91 1.40%
Sonata Software 1,022.28 2.38%
Sarla Performance Fibers 859.53 2.00%
Auto Ancillaries
Banks
Cement
Chemicals
Construction
Construction Project
Consumer Non Durables
Ferrous Metals
Finance
Industrial Capital Goods
Industrial Products
Media & Entertainment
Minerals/Mining
Pesticides
Petroleum Products
Pharmaceuticals
Power
Software
Textiles - Synthetic
Other Equity Investments 1,136.06 2.63%
Cash Equivalents
Reverse Repos 485.72 1.13%
Net Current Assets -131.72 -0.29%
Total Net Assets As on 31-Mar-2017 42,985.61 100.00%
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 - Dividend19-Nov-10 2.00 2.00 15.486410-Nov-15 2.50 2.50 20.1838
02-Nov-16 1.75 1.75 25.3345
02-Nov-16 1.75 1.75 21.5706HSBC Midcap Equity Fund - Dividend - Direct Plan
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 )
Fund Manager
SIP
Minimum
Application Amount
Exit Load
Standard Deviation
Beta (Slope)
Sharpe Ratio**
per unit
Monthly Average AUM(In Lakhs)
@
31.03.17
Statistical Ratios
19-May-05
S&P BSE Midcap
49.3277
40,875.51
Dhiraj Sachdev
Available
10,000
1,000 p.m.(SIP)
Nil
6.27%
1.2165
0.3216
`
`
`
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 3.49%
AutoAncillaries 1.65%
Banks 1.06%
Cement 3.71%
Chemicals 9.24%
Construction 4.08%
Construction Project 2.36%
Consumer Non Durables 7.76%
Ferrous Metals 2.66%
Finance 24.16%
Industrial Capital Goods 4.75%
Industrial Products 4.97%
Media & Entertainment 5.54%
Minerals/Mining 1.78%
Pesticides 4.24%
Petroleum Products 3.82%
Pharmaceuticals 5.48%
Power 1.40%
Software 2.38%
Textiles - Synthetic 2.00%
Other Equity Investments 2.63%
Reverse Repos/CBLOs 1.13%
Net CurrentAssets -0.29%
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 )
Fund Manager
SIP
Minimum
Application Amount
Exit Load
Standard Deviation
Beta
Sharpe Ratio**
$
@
per unit
Monthly Average AUM(In Lakhs)
(Slope)
31.03.17
Statistical Ratios
23-Feb-06
S&P BSE IndiaInfrastructure Index
20.6858
12,306.88
Dhiraj Sachdev
Available
10,000
1,000 p.m.(SIP)
Nil
6.92%
1.3074
0.2602
`
`
`
Weighted Average Monthly Total Expenses ratios(Annualized)
Portfolio Turnover
Regular 2.64%
Direct Plan 1.94%
Excludes service tax on Investment Management fees of 0.28%of Total NetAssets.
0.22
Asset Allocation
Banks 2.74%
Cement 6.96%
Construction 13.48%
Construction Project 2.50%
Ferrous Metals 4.94%
Finance 6.85%
Gas 3.31%
Industrial Capital Goods 6.27%
Industrial Products 6.52%
Minerals/Mining 5.79%
Petroleum Products 10.78%
Power 16.00%
Transportation 9.77%
Other Equity Investments 3.76%
Reverse Repos/CBLOs 1.06%
Net CurrentAssets -0.73%
Total NetAssets 100.00%
Statistical ratios disclosed as per monthly returns forthe last 3 years.
$The benchmark was changed w.e.f. 11th November, 2016 as amore suitable benchmark was identified which better matchedthe portfolio strategy. There has been no change to investmentmanagement of the scheme.
(absolute)
**Risk free rate: 7.37% (FIMMDA-NSE Mibor) as on)
@ Effective from March 1, 2013 for prospective investments.
March 31,2017
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
Karnataka Bank 348.23 2.74%
Deccan Cements 883.44 6.96%
IRB Infrastructure Developers 536.63 4.23%
Ahluwalia Contracts (India) 436.29 3.44%
KNR Constructions 384.23 3.03%
NBCC India 352.19 2.78%
Power Mech Projects 160.28 1.26%
Larsen & Toubro 157.49 1.24%
Jindal Saw 462.87 3.65%
Srikalahasthi Pipes 163.80 1.29%
Rural Electrification Corporation 868.80 6.85%
Gujarat State Petronet 419.90 3.31%
Sanghvi Movers 547.61 4.32%
Inox Wind 247.15 1.95%
KEI Industries 489.65 3.86%
FAG Bearings India 337.52 2.66%
Gujarat Mineral Development Corporation 734.85 5.79%
Hindustan Petroleum Corporation 770.08 6.07%
Indian Oil Corporation 597.61 4.71%
Adani Transmission 673.58 5.31%
Power Grid Corporation of India 542.58 4.28%
Reliance Infrastructure 361.09 2.85%
PTC India 299.71 2.36%
Rattanindia Power 152.44 1.20%
Adani Ports & Special Economic Zone 767.50 6.05%
Gateway Distriparks 307.77 2.43%
Gujarat Pipavav Port 164.10 1.29%
Cement
Construction
Construction Project
Ferrous Metals
Finance
Gas
Industrial Capital Goods
Industrial Products
Minerals/Mining
Petroleum Products
Power
Transportation
Other Equity Investments 476.25 3.76%
Cash Equivalents
Reverse Repos 134.08 1.06%
Net Current Assets -87.48 -0.73%
Total Net Assets As on 31-Mar-2017 12,690.20 100.00%
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 Dividend11-May-07 1.00 1.00 12.239026-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 )
Fund Manager
SIP
Minimum
Application Amount
Exit Load
Standard Deviation
Beta (Slope)
Sharpe Ratio**
per unit
Monthly Average AUM(In Lakhs)
@
31.03.17
Statistical Ratios
05-Jan-07
S&P BSE 200
33.1854
18,140.71
Aditya Khemani
Available
500
(Lumpsum & SIP)
Nil
4.98%
1.0716
0.2581
`
`
Weighted Average Monthly Total Expenses ratios(Annualized)
Portfolio Turnover
Regular 2.59%
Direct Plan 1.88%
Excludes service tax on Investment Management fees of 0.26%of Total NetAssets.
0.63
Asset Allocation
Auto 3.98%
AutoAncillaries 6.13%
Banks 26.61%
Cement 7.47%
Construction 6.20%
Consumer Durables 4.08%
Consumer Non Durables 8.82%
Finance 4.85%
Industrial Products 3.76%
Media & Entertainment 2.26%
Petroleum Products 3.61%
Pharmaceuticals 6.09%
Software 5.85%
Textile Products 3.69%
Textiles - Cotton 2.19%
Transportation 1.51%
Other Equity Investments 0.08%
Reverse Repos/CBLOs 0.87%
Net CurrentAssets 1.95%
Total NetAssets 100.00%
Statistical ratios disclosed as per monthly returns forthe last 3 years.
(absolute)
**Risk free rate: 7.37% (FIMMDA-NSE Mibor) as on)
@ Effective from March 1, 2013 for prospective investments.
March 31,2017
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 Products
Media & Entertainment
Petroleum Products
Pharmaceuticals
Software
Textile Products
Textiles - Cotton
Transportation
Other Equity Investments 15.17 0.08%
Cash Equivalents
Reverse Repos 157.53 0.87%
Net Current Assets 354.93 1.95%
Total Net Assets As on 31-Mar-2017 18,197.14 100.00%
Maruti Suzuki India 723.87 3.98%
MRF 396.20 2.18%
Amara Raja Batteries 391.62 2.15%
Exide Industries 327.55 1.80%
HDFC Bank 1,503.14 8.26%
ICICI Bank 1,211.22 6.66%
IndusInd Bank 1,097.37 6.03%
Federal Bank 445.47 2.45%
Jammu & Kashmir Bank 296.25 1.63%
Axis Bank 287.12 1.58%
NCL Industries 623.26 3.43%
The Ramco Cements 391.33 2.15%
OCL India 343.73 1.89%
Somany Ceramics 530.72 2.92%
IRB Infrastructure Developers 314.41 1.73%
Ahluwalia Contracts (India) 282.38 1.55%
Blue Star 394.67 2.17%
Crompton Greaves Consumer Electrical 347.12 1.91%
Glaxosmithkline Consumer Healthcare 422.80 2.32%
United Spirits 413.19 2.27%
Heritage Foods 391.32 2.15%
ITC 378.12 2.08%
HDFC 521.23 2.86%
LIC Housing Finance 361.35 1.99%
Nilkamal 409.90 2.25%
Huhtamaki PPL 275.08 1.51%
Sun TV Network 411.14 2.26%
Reliance Industries 376.46 2.07%
Castrol (India) 281.06 1.54%
Torrent Pharmaceuticals 558.94 3.07%
Aurobindo Pharma 310.59 1.71%
Sun Pharmaceutical Industries 238.79 1.31%
Infosys 703.31 3.86%
Oracle Financial Services Software 362.50 1.99%
Indian Terrain Fashions 387.31 2.13%
Welspun India 284.63 1.56%
Indo Count Industries 398.85 2.19%
Gateway Distriparks 275.55 1.51%
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-Mar-15 2.50000 2.50000 23.902923-Mar-16 1.50000 1.50000 19.4675
24-Mar-17 1.50000 1.50000 23.9550
24-Mar-17 1.50000 1.50000 23.1073
17-Mar-15 2.50000 2.50000 24.325623-Mar-16 1.50000 1.50000 19.9950
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 )
Fund Managers
SIP
Minimum
Application Amount
Exit Load
Standard Deviation
Beta (Slope)
Sharpe Ratio**
per unit
Monthly Average AUM(In Lakhs)
@
31.03.17
Statistical Ratios
24-Sep-07
S&P BSE 200
15.5762
4,585.76
Neelotpal Sahai
(for Equity portion)
Sanjay Shah
(for Fixed Income portion)
Available
10,000
1,000 p.m.(SIP)
Nil
`
`
`
3.65%
0.8184
0.1415
Weighted Average Monthly Total Expenses ratios(Annualized)
Portfolio Turnover
Regular 2.68%
Direct Plan 1.98%Excludes service tax on Investment Management fees of 0.24%of Total NetAssets.
0.66
Asset Allocation
Auto 9.24%
Banks 21.74%
Construction Project 3.75%
Consumer Non Durables 10.42%
Finance 4.87%
Gas 1.63%
Non - Ferrous Metals 3.57%
Petroleum Products 8.21%
Pharmaceuticals 2.92%
Power 4.82%
Software 10.42%
Reverse Repos/CBLOs 18.31%
Net CurrentAssets 0.10%
Total NetAssets 100.00%
Statistical ratios disclosed as per monthly returns forthe last 3 years.
(absolute)
**Risk free rate: 7.37% (FIMMDA-NSE Mibor) as on)
@ Effective from March 1, 2013 for prospective investments.
March 31,2017
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
Construction Project
Consumer Non Durables
Finance
Gas
Non - Ferrous Metals
Petroleum Products
Pharmaceuticals
Power
Software
Cash Equivalents
Reverse Repos 846.13 18.31%
Net Current Assets 3.80 0.10%
Total Net Assets As on 31-Mar-2017 4,621.95 100.00%
Maruti Suzuki India 240.63 5.21%
Tata Motors 186.34 4.03%
HDFC Bank 432.77 9.36%
Yes Bank 232.01 5.02%
Kotak Mahindra Bank 174.44 3.77%
ICICI Bank 166.11 3.59%
Larsen & Toubro 173.24 3.75%
ITC 252.27 5.46%
Asian Paints 161.03 3.48%
Hindustan Unilever 68.38 1.48%
HDFC 225.32 4.87%
Gail (India) 75.39 1.63%
Vedanta 164.97 3.57%
Reliance Industries 224.55 4.86%
Indian Oil Corporation 154.82 3.35%
Aurobindo Pharma 135.04 2.92%
NTPC 124.50 2.69%
Power Grid Corporation of India 98.65 2.13%
Infosys 204.45 4.42%
Tata Consultancy Services 145.91 3.16%
HCL Technologies 131.21 2.84%
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 )
Fund Managers
SIP
Minimum
Application Amount
Exit Load
Standard Deviation
Beta (Slope)
Sharpe Ratio**
per unit
Monthly Average AUM(In Lakhs)
@
31.03.17
Statistical Ratios
21-Mar-07
S&P BSE 200
19.3940
4,174.78
Gautam Bhupal &
Amaresh Mishra
Available
10,000
1,000 p.m.(SIP)
Nil
4.24%
0.9382
0.2154
`
`
`
Weighted Average Monthly Total Expenses ratios(Annualized)
Portfolio Turnover
Regular 2.35%
Direct Plan 1.63%Excludes service tax on Investment Management fees of 0.22%of Total NetAssets.
0.12
Asset Allocation
Auto 8.08%
AutoAncillaries 4.42%
Banks 18.63%
Cement 2.10%
Chemicals 2.11%
Construction Project 1.96%
Consumer Non Durables 9.82%
Finance 11.25%
Industrial Capital Goods 3.74%
Minerals/Mining 1.72%
Non - Ferrous Metals 3.27%
Oil 3.04%
Petroleum Products 5.83%
Pharmaceuticals 3.31%
Power 3.71%
Software 13.40%
Textile Products 1.55%
Transportation 1.55%
Reverse Repos/CBLOs 0.63%
Net CurrentAssets -0.12%
Total NetAssets 100.00%
Statistical ratios disclosed as per monthly returns forthe last 3 years.
(absolute)
**Risk free rate: 7.37% (FIMMDA-NSE Mibor) as on)
@ Effective from March 1, 2013 for prospective investments.
March 31,2017
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
Textile Products
Transportation
Cash Equivalents
Reverse Repos 26.67 0.63%
Net Current Assets -4.99 -0.12%
Total Net Assets as on 31-Mar-2017 4,249.15 100.00%
Maruti Suzuki India 180.47 4.25%
Hero Motocorp 162.71 3.83%
MRF 187.74 4.42%
ICICI Bank 350.49 8.25%
HDFC Bank 201.96 4.75%
Karur Vysya Bank 185.39 4.36%
Jammu & Kashmir Bank 54.11 1.27%
Deccan Cements 89.09 2.10%
Tata Chemicals 89.81 2.11%
Larsen & Toubro 83.08 1.96%
ITC 324.22 7.63%
Hindustan Unilever 93.03 2.19%
HDFC 165.23 3.89%
Indiabulls Housing Finance 159.64 3.76%
Manappuram Finance 153.11 3.60%
V-Guard Industries 159.03 3.74%
Coal India 73.16 1.72%
Hindustan Zinc 138.91 3.27%
Oil & Natural Gas Corporation 129.04 3.04%
Bharat Petroleum Corporation 181.96 4.28%
Reliance Industries 66.05 1.55%
Lupin 78.42 1.85%
Sun Pharmaceutical Industries 61.93 1.46%
NTPC 157.70 3.71%
Infosys 280.20 6.59%
HCL Technologies 155.71 3.66%
Tata Consultancy Services 133.75 3.15%
Welspun India 65.81 1.55%
Gateway Distriparks 65.73 1.55%
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 1.93%
Direct Plan 1.23%
(inclusive of underlying scheme's expenses)Excludes service tax on Investment Management fees of 0.05%of Total NetAssets.
Asset Allocation
Overseas Mutual Fund 96.55%
Reverse Repos/CBLOs 3.79%
Net CurrentAssets -0.34%
Total NetAssets 100.00%
Statistical ratios disclosed as per monthly returns forthe last 3 years.
(absolute)
**Risk free rate: 7.37% (FIMMDA-NSE Mibor) as on)
@ Effective from March 1, 2013 for prospective investments.
March 31,2017
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
Reverse Repos 35.17 3.79%
Net Current Assets -3.15 -0.34%
Total Net Assets Ason 31-Mar-2017 928.37 100.00%
HSBC GIF Glob Emerg Mkts Eq S1 Dis 896.36 96.55%
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
Monthly Average AUM(In Lakhs)
@
.03.17
Statistical Ratios
17-Mar-08
MSCI EmergingMarkets Index
11.9610
936.78
Ranjithgopal K A(Dedicated fund
manager foroverseas
investments)
Available
10,000
1,000 p.m.(SIP)
Nil
4.22%
1.1890
0.0790
`
`
` 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 Plan27-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 0.06%of Total NetAssets.
Asset Allocation
Overseas Mutual Fund 97.97%
Reverse Repos/CBLOs 2.94%
Net CurrentAssets -0.91%
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 958.72 97.97%
Cash Equivalents
Reverse Repos 28.79 2.94%
Net Current Assets -8.88 -0.91%
Total Net Assets As on 31-Mar-2017 978.63 100.00%
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 AllotmentBenchmark
NAV (Growth)(as on )
Fund Manager
SIPMinimumApplication Amount
Exit Load
per unit
Monthly Average AUM(In Lakhs)
@
31.03.17
24-Feb-14MSCI AC Asia Pacific
ex Japan
Ranjithgopal K A (foroverseas investments),
Sanjay Shah (forinvestments in Indian
Market)
Available
10,000
1,000 p.m.(SIP)
Nil
996.73
`
`
`11.6452
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 2.69%
Direct Plan 1.99%
(inclusive of underlying scheme's expenses)Excludes service tax on Investment Management fees of 0.13%of Total NetAssets.
Asset Allocation
Overseas Mutual Fund 98.21%
Reverse Repos/CBLOs 2.91%
Net CurrentAssets -1.12%
Total NetAssets 100.00%
Statistical ratios disclosed as per monthly returns forthe last 3 years.
(absolute)
**Risk free rate: 7.37% (FIMMDA-NSE Mibor) as on)
@ Effective from March 1, 2013 for prospective investments.
March 31,2017
FUND PORTFOLIO
Overseas Mutual Fund
HSBC GIF Brazil Equity S3D 2,864.69 98.21%
Cash Equivalents
Reverse Repos 84.96 2.91%
Net Current Assets -32.81 -1.12%
Total Net Assets As on 31-Mar-2017 2,916.83 100.00%
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 )
Fund Manager
SIP
Minimum
Application Amount
Exit Load
Standard Deviation
Beta (Slope)
Sharpe Ratio**
per unit
Monthly Average AUM(In Lakhs)
@
31.03.17
Statistical Ratios
06-May-11
MSCI Brazil 10/40 Index
7.0201
3,035.73
Ranjithgopal K A(Dedicated fund
manager for overseasinvestments)
Available
10,000
1,000 p.m.(SIP)
Nil
10.69%
0.9360
-0.0040
`
`
`
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 2.25%
Direct Plan 1.98%
(inclusive of underlying scheme's expenses)
Excludes service tax on Investment Management fees of 0.00%of Total Net Assets and of 0.24% on the underlying scheme's inwhich the fund of fund invests.
Asset Allocation
Mutual Fund 98.95%
Reverse Repos/CBLOs 0.92%
Net CurrentAssets 0.13%
Total NetAssets 100.00%
@ Effective from March 1, 2013 for prospective investments.
FUND PORTFOLIO
Mutual Fund
HSBC Equity Fund - Growth Direct 8,346.11 59.24%
HSBC Midcap Equity Fund - Growth Direct 2,841.07 20.16%
HSBC Income Fund Short Term - Growth Direct 1,372.06 9.74%
HSBC Income Fund Inv Plan Growth Direct 781.30 5.55%
HSBC Flexi Debt Fund Growth Direct 599.75 4.26%
Cash Equivalents
Reverse Repos 129.42 0.92%
Net Current Assets 20.05 0.13%
Total Net Assets As on 31-Mar-2017 14,089.75 100.00%
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 )
Fund Managers
SIP
Minimum
Application Amount
Exit Load
per unit
Monthly Average AUM
(In Lakhs)
@
31.03.17
30-Apr-14Composite Index constituting80% of S&P BSE 200 Index
and 20% of CRISILBond Index
15.6675
13,755.31
Ranjithgopal K A (DedicatedFund Manager for investments
in foreign securities)Gautam Bhupal (For managinginvestments in Indian Market –
Equity Portion)Sanjay Shah (For managing
investments 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 2.14%
Direct Plan 1.89%
(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 98.47%
Reverse Repos/CBLOs 0.84%
Net CurrentAssets 0.69%
Total NetAssets 100.00%
@ Effective from March 1, 2013 for prospective investments.
FUND PORTFOLIO
Mutual Fund
HSBC Equity Fund - Growth Direct 10,381.69 48.16%
HSBC Income Fund Short Term - Growth Direct 3,651.48 16.94%
HSBC Midcap Equity Fund - Growth Direct 3,541.15 16.43%
HSBC Flexi Debt Fund Growth Direct 2,597.36 12.05%
HSBC Income Fund Inv Plan Growth Direct 1,055.01 4.89%
Cash Equivalents
Reverse Repos 181.73 0.84%
Net Current Assets 149.83 0.69%
Total Net Assets As on 31-Mar-2017 21,558.25 100.00%
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 )
Fund Managers
SIP
Minimum
Application Amount
Exit Load
per unit
Monthly Average AUM
(In Lakhs)
@
31.03.17
30-Apr-14
CRISIL Balanced FundAggressive
15.0289
21,086.91
Ranjithgopal K A (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 1.69%
Direct Plan 1.44%
(inclusive of underlying scheme's expenses)Excludes service tax on Investment Management fees of 0.04%of Total Net Assets and of 0.10% on the underlying scheme's inwhich the fund of fund invests.
Asset Allocation
Mutual Fund 98.64%
Reverse Repos/CBLOs 1.05%
Net CurrentAssets 0.31%
Total NetAssets 100.00%
@ Effective from March 1, 2013 for prospective investments.
FUND PORTFOLIO
Mutual Fund
HSBC Income Fund Short Term - Growth Direct 15,349.12 44.58%
HSBC Flexi Debt Fund Growth Direct 8,877.09 25.78%
L&T Triple Ace Bond Fund Direct Growth 5,183.33 15.05%
HSBC Equity Fund - Growth Direct 3,447.07 10.01%
HSBC Income Fund Inv Plan Growth Direct 1,110.34 3.22%
Cash Equivalents
Reverse Repos 360.66 1.05%
Net Current Assets 104.58 0.31%
Total Net Assets As on 31-Mar-2017 34,432.19 100.00%
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
Monthly Average AUM(In Lakhs)
@
.03.17
30-Apr-14
Composite Index constitutingof 90% into CRISIL Composite
Bond Index and 10% of S&PBSE 200 Index
13.2827
Ranjithgopal K A (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
`
34,034.74
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 2.34%
Direct Plan 1.64%
(inclusive of underlying scheme's expenses)Excludes service tax on Investment Management fees of 0.04%of Total NetAssets.
Asset Allocation
Overseas Mutual Fund 98.22%
Reverse Repos/CBLOs 3.00%
Net CurrentAssets -1.22%
Total NetAssets 100.00%
@ Effective from March 1, 2013 for prospective investments.
FUND PORTFOLIO
Overseas Mutual Fund
Cash Equivalents
Reverse Repos 15.61 3.00%
Net Current Assets -6.36 -1.22%
Total Net Assets As on 31-Mar-2017 520.07 100.00%
HSBC GIF-CHINA CONSUMER OPP S5 CAP 510.82 98.22%
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 )
Fund Managers
SIP
Minimum
Application Amount
Exit Load
per unit
Monthly Average AUM(In Lakhs)
@
31.03.17
23-Feb-15
MSCI AC World Index
10.2734
549.67
Ranjithgopal K A (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.
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)
Ranjithgopal K A (from 27 February 2017)
Ranjithgopal K A (from 27 February 2017)
For overseas investments: &For investment in Indian markets: Sanjay Shah (from 24 February 2014)
Ranjithgopal K A (from 27 February 2017)
For overseas investment : ,For Investments in Indian Market - Equity Portion :
& For Investments in Indian Market - Debt Portion :Sanjay Shah (April 2014)
Gautam Bhupal(from 21 Oct 2015)
Ranjithgopal K A (from 27 February 2017)
For Overseas Market :For Investments in Indian Market - Debt Portion : Sanjay Shah(from 13 February 2015)
Ranjithgopal K A (from 27 February 2017)
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 LtdVice 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 LtdSenior Manager - Equity Research from March 2007 to September 2007
Prudential ICICI Asset Management Company India Private LtdAssistant Manager - Equity Research from December 2005 to February 2007
Morgan Stanley Advantage Services India Private LtdResearch Associate from May 2005 to November 2005
Experience:
�
�
�
�
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 LtdVice 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 EnvironmentTrainee Researcher from July 2001 to July 2002
Experience:
�
�
Ranjithgopal K A
Vice President - Equities from March 2016 onwards
Associate Vice President - Investment Management (Analyst) from January 2012 to February 2016
Associate Vice President - Institutional Sales from April 2009 to December 2011
Associate Vice President - Sales & Distribution from May 2006 to April 2009
Vice President - Equities
PGDBM, BA - Economics
Over 10 years of experience in Equity Research & Sales
HSBC Asset Management (India) Private Ltd
Experience:
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Fund Managers - Equity
Funds Managed by Neelotpal Sahai.(Total Schemes Managed 3)
Funds Managed by Neelotpal Sahai.(Total Schemes Managed 3)
HSBC Equity Fund Date of Inception : 10 Dec 02
Scheme Name & Benchmarks 1 Year 3 Years 5 Years SinceInception
HSBC Equity Fund - Growth
(Scheme Benchmark)
(Standard Benchmark)
10,000, if invested in HEF, would have become
10,000, if invested in , would have become
10,000, if invested in , would have become
`
`
`
Nifty 50
S&P BSE 200
Nifty 50
S&P BSE 200
25.25% 14.58% 13.04% 22.23%
18.55% 11.01% 11.60% 16.24%
22.47% 14.17% 13.08% 17.75%
12,525 15,043 18,453 177,911
11,855 13,680 17,313 86,601
12,247 14,882 18,487 104,155
` ` ` `
` ` ` `
` ` ` `
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 200 (Scheme Benchmark)
(Standard Benchmark)
10,000, if invested in HIOF, 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
`
`
`
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
`
`
`
26.51% 19.99% 17.56% 16.88%
22.47% 14.17% 13.08% 13.79%
18.55% 11.01% 11.60% 13.13%
12,651 17,276 22,452 77,263
12,247 14,882 18,487 54,407
11,855 13,680 17,313 50,385
` ` ` `
` ` ` `
` ` ` `
16.78% 11.75% 10.14% 4.76%
22.47% 14.17% 13.08% 7.13%
18.55% 11.01% 11.60% 6.73%
11,678 13,954 16,209 15,578
12,247 14,882 18,487 19,280
11,855 13,680 17,313 18,603
` ` ` `
` ` ` `
` ` ` `
Past performance may or may not be sustained in the future. Refer note below.
The said Fund is managed by Neelotpal Sahai Effective (27 May 2013)
The said Fund is managed by Neelotpal Sahai Effective (27 May 2013)
The said Fund is managed by Neelotpal Sahai Effective (27 May 2013)
The said Fund is managed by Sanjay Shah Effective (14 August 2009)
Past performance may or may not be sustained in the future. Refer note below.
Funds Managed by Neelotpal Sahai (for Equity portion)Sanjay Shah (for Fixed Income portion)
(Total Schemes Managed 3)Funds Managed by (Total Schemes Managed 10)
Past performance may or may not be sustained in the future. Refer note below.
Returns are of growth option. The returns for the respective periods are provided as on 31 Mar 2017. Returns above 1 year are CompoundedAnnualized. Standard benchmarkis prescribed 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 of the period. Thereturns provided above have been rounded off and hence there may be minor differences between point-to-point returns vis-a-vis returns indicated above. Different plans shallhave a different expense structure. The performance details provided herein are of other than Direct plan.
`
Scheme count for the total schemes managed by the Fund Managers does not include closed ended scheme.
Fund Manager Wise Comparative Performance of Equity Schemes
21
1 Year 3 Years 5 Years
1 Year 3 Years 5 Years
HSBC Brazil Fund Date of Inception : 06 May 11
Scheme Name & Benchmarks 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
`
`
`
33.46% -6.69% -6.70% -5.81%
37.56 -5.73% -9.31% -9.57%
18.55 11.01% 11.60% 8.88%
13,346 8,124 7,072 7,019
13,756 8,379 6,136 5,519
11,855 13,680 17,313 16,529
%
%
` ` ` `
` ` ` `
` ` ` `
Past performance may or may not be sustained in the future. Refer note below
Returns are of growth option. The returns for the respective periods are provided as on 31 Mar 2017. Returns above 1 year are CompoundedAnnualized. Standard benchmarkis prescribed 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 of the period. Thereturns provided above have been rounded off and hence there may be minor differences between point-to-point returns vis-a-vis returns indicated above. Different plansshall have a different expense structure. The performance details provided herein are of other than Direct plan.Scheme count for the total schemes managed by the Fund Managers does not include closed ended scheme.
`
Fund Manager Wise Comparative Performance of Equity Schemes
22
1 Year 3 Years 5 Years
Funds Managed by - Ranjithgopal K A (Total Schemes Managed 7)
Funds Managed by - Ranjithgopal K A (Total Schemes Managed 7)
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
`
`
`
16.28% 3.28% 3.72% 2.00%
12.42% 3.09% 2.62% 1.83%
18.55% 11.01% 11.60% 8.19%
11,628 11,018 12,002 11,962
11,242 10,957 11,381 11,785
11,855 13,680 17,313 20,376
` ` ` `
` ` ` `
` ` ` `
Past performance may or may not be sustained in the future. Refer note below.
1 Year 3 Years 5 Years
The said Fund is managed by Ranjithgopal K A Effective (27 February 2017)
The said Fund is managed by Ranjithgopal K A Effective (27 February 2017)
HSBC Asia Pacific (Ex Japan) DividendYield Fund
Date of Inception : 24 Feb 14
Scheme Name & Benchmarks 1 Year 3 Years SinceInception
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
`
`
`
17.47% 5.82% 5.04%
14.92% 0.65% 1.46%
18.55% 11.01% 13.56%
11,747 11,850 11,647
11,492 10,196 10,459
11,855 13,680 14,835
` ` `
` ` `
` ` `
Past performance may or may not be sustained in the future. Refer note below.
Funds Managed by Sanjay Shah (for Fixed Income portion) (Total Schemes Managed 10)
Funds Managed by Ranjithgopal K A (For overseas investment) (Total Schemes Managed 7)
The said Fund is managed by Ranjithgopal K A Effective (27 February 2017)
The said Fund is managed by Sanjay Shah Effective (24 February 2014)
The said Fund has been in existence for more than 1 year but less than 5 years
HSBC Global Consumer Opportunities Fund -Benefiting from China's Growing Consumption Power
Date of Inception : 24 Feb 15
Scheme Name & BenchmarksScheme Name & BenchmarksScheme Name & BenchmarksScheme Name & Benchmarks 1 Year1 Year1 Year1 Year SinceInception
SinceInception
SinceInception
SinceInception
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
`
`
`
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.Past performance may or may not be sustained in the future. Refer note below.
8.46% 1.29%
12.71% 1.88%
18.55% 2.25%
10,846 10,274
11,271 10,400
11,855 10,479
` `
` `
` `
HSBC Infrastructure Equity Fund Date of Inception : 23 Feb 06
Scheme Name & BenchmarksScheme Name & BenchmarksScheme Name & BenchmarksScheme Name & Benchmarks 1 Year1 Year1 Year1 Year SinceInception
SinceInception
SinceInception
SinceInception
HSBC Infrastructure Equity Fund - Growth
S&P BSE India Infrastructure (Scheme Benchmark)
Nifty 50 (Standard Benchmark)
10,000, if invested in HIEF, would have become
10,000, if invested in S&P BSE India Infrastructure, would have become
10,000, if invested in Nifty 50, would have become
$
`
`
`
Past performance may or may not be sustained in the future. Refer note below.
32.76% 13.86%
40.59% 8.31%
18.55% 8.21%
13,276 14,472
14,059 12,552
11,855 12,519
` `
` `
` `
* 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 aredifferent when compared to the historically published returns. Further, as the index data for S&P BSE Midcap is available only from Sept 16, 2005, the 'Since inception' returns forboth this index and the scheme have been calculated from this date onwards.
Fund Manager Wise Comparative Performance of Equity Schemes
Funds Managed by - Dhiraj Sachdev (Total Schemes Managed 2)
Funds Managed by - Dhiraj Sachdev (Total Schemes Managed 2)
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
`
`
`
35.35% 30.08% 21.82% 11.40%
32.75% 25.76% 17.29% 10.81%
18.55% 11.01% 11.60% 11.72%
13,535 22,011 26,823 34,805
13,275 19,890 22,193 32,711
11,855 13,680 17,313 35,953
` ` ` `
` ` ` `
` ` ` `
Past performance may or may not be sustained in the future. Refer note below.
23
Returns are of growth option. The returns for the respective periods are provided as on 31 Mar 2017. Returns above 1 year are Compounded Annualized. 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 of the period. The returnsprovided above have been rounded off and hence there may be minor differences between point-to-point returns vis-a-vis returns indicated above. Different plans shall have adifferent expense structure. The performance details provided herein are of other than Direct plan.Scheme count for the total schemes managed by the Fund Managers does not include closed ended scheme.
`
1 Year 3 Years 5 Years
Funds Managed by Sanjay Shah (for Fixed Income portion) (Total Schemes Managed 10)
Funds Managed by Ranjithgopal K A (For overseas investment) (Total Schemes Managed 7)
The said Fund is managed by Ranjithgopal K A Effective (27 February 2017)
The said Fund is managed by Sanjay Shah Effective (13 February 2015)
The said Fund is managed by Dhiraj Sachdev Effective (01 December 2009)
The said Fund is managed by Dhiraj Sachdev Effective (01 December 2009)
The said Fund has been in existence for more than 1 year but less than 3 years
The said Fund has been in existence for more than 1 year but less than 3 years
Please Note :$The benchmark was changed to S&P BSE India Infrastructure Index w.e.f. 11th November, 2016 as a more suitable benchmark was identified which better matched theportfolio strategy. There has been no change to investment management of the scheme. Kindly note that index value for S&P BSE Infrastructure Index is available from 28May 2014, hence the Since Inception returns of the said Scheme and the Benchmark are calculated from 28-May-2014.
HSBC Managed Solutions - Growth Date of Inception : 30 Apr 14
Scheme Name & Benchmarks 1 Year 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
`
`
`
`
24.68% 16.62%
20.20% 13.84%
18.55% 11.38%
11.87% 11.55%
12,468 15,674
12,020 14,126
11,855 13,704
11,187 13,765
` `
` `
` `
` `
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%).
Fund Manager Wise Comparative Performance of Equity Schemes
24
Returns are of growth option. The returns for the respective periods are provided as on 31 Mar 2017. Returns above 1 year are Compounded Annualized. 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 of the period. The returnsprovided above have been rounded off and hence there may be minor differences between point-to-point returns vis-a-vis returns indicated above. Different plans shall have adifferent expense structure. The performance details provided herein are of other than Direct plan.Scheme count for the total schemes managed by the Fund Managers does not include closed ended scheme.
`
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
`
`
`
30.64% 19.76% 18.91% 12.43%
22.47% 14.17% 13.08% 8.92%
18.55% 11.01% 11.60% 8.49%
13,064 17,177 23,773 33,196
12,247 14,882 18,487 24,003
11,855 13,680 17,313 23,035
` ` ` `
` ` ` `
` ` ` `
Funds Managed by - Aditya Khemani (Total Schemes Managed 2)
Past performance may or may not be sustained in the future. Refer note below.
1 Year 3 Years 5 Years
The said Fund is managed by Gautam Bhupal Effective (21 October 2015)
The said Fund is managed by Gautam Bhupal Effective (21 October 2015)
The said Fund is managed by Amaresh Mishra Effective (02 July 2012)
The said Fund is managed by Sanjay Shah Effective (April 2014)
The said Fund is managed by Aditya Khemani Effective (24 February 2009)
The said Fund is managed by Ranjithgopal K A Effective (27 February 2017)
Fund Managed by Amaresh Mishra (Total Scheme Managed 1)
Funds Managed by Gautam Bhupal (Total Schemes Managed 4)
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
`
`
`
25.93% 15.53% 13.80% 6.82%
22.47% 14.17% 13.08% 9.96%
18.55% 11.01% 11.60% 9.28%
12,593 15,422 19,088 19,398
12,247 14,882 18,487 25,938
11,855 13,680 17,313 24,375
` ` ` `
` ` ` `
` ` ` `
Past performance may or may not be sustained in the future. Refer note below.
1 Year 3 Years 5 Years
Funds Managed by Gautam Bhupal (for Equity portion)Sanjay Shah (for Fixed Income portion)
(For overseas investment)
(Total Schemes Managed 4)Funds Managed by (Total Schemes Managed 10)Funds Managed by Ranjithgopal K A (Total Schemes Managed 7)
The said Fund has been in existence for more than 1 year but less than 3 years
*Composite index of Crisil Composite Bond Fund Index (90%) and S&P BSE 200 (10%).
Fund Manager Wise Comparative Performance of Equity Schemes
25
Returns are of growth option. The returns for the respective periods are provided as on 31 Mar 2017. Returns above 1 year are Compounded Annualized. 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 of the period. The returnsprovided above have been rounded off and hence there may be minor differences between point-to-point returns vis-a-vis returns indicated above. Different plans shall have adifferent expense structure. The performance details provided herein are of other than Direct plan.Scheme count for the total schemes managed by the Fund Managers does not include closed ended scheme.
`
Past performance may or may not be sustained in the future. Refer note below.
HSBC Managed Solutions - Moderate - Growth Date of Inception : 30 Apr 14
Scheme Name & Benchmarks 1 Year 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
`
`
`
`
21.52% 14.97%
16.10% 11.59%
18.55% 11.38%
11.87% 11.55%
12,152 15,035
11,610 13,778
11,855 13,704
11,187 13,765
` `
` `
` `
` `
Funds Managed by Gautam Bhupal (for Equity portion)Sanjay Shah (for Fixed Income portion)
(For overseas investment)
(Total Schemes Managed 4)Funds Managed by (Total Schemes Managed 10)Funds Managed by Ranjithgopal K A (Total Schemes Managed 7)
The said Fund is managed by Gautam Bhupal Effective (21 October 2015)
The said Fund is managed by Sanjay Shah Effective (April 2014)
The said Fund is managed by Ranjithgopal K A Effective (27 February 2017)
Past performance may or may not be sustained in the future. Refer note below.
HSBC Managed Solutions - Conservative - Growth Date of Inception : 30 Apr 14
Scheme Name & Benchmarks 1 Year 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
`
`
`
`
10.40% 10.21%
12.23% 11.55%
18.55% 11.38%
11.87% 11.55%
11,040 13,286
11,223 12,464
11,855 13,704
11,187 13,765
` `
` `
` `
` `
Funds Managed by Gautam Bhupal (for Equity portion)Sanjay Shah (for Fixed Income portion)
(For overseas investment)
(Total Schemes Managed 4)Funds Managed by (Total Schemes Managed 10)Funds Managed by Ranjithgopal K A (Total Schemes Managed 7)
The said Fund is managed by Gautam Bhupal Effective (21 October 2015)
The said Fund is managed by Sanjay Shah Effective (April 2014)
The said Fund is managed by Ranjithgopal K A Effective (27 February 2017)
The said Fund has been in existence for more than 1 year but less than 3 years
The said Fund has been in existence for more than 1 year but less than 3 years
26
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 March 31, 2017 ( )
Scheme Returns (%)
Scheme Benchmark ( )
Scheme Benchmark Returns (%)
Standard Benchmark ( )
Standard Benchmark Returns (%)
`
`
`
`
-
-
-
-
Nifty 50
Nifty 50
S&P BSE 200
S&P BSE 200
Total amount invested ( )
Scheme Returns (%)
Scheme Benchmark ( )
Scheme Benchmark Returns (%)
Standard Benchmark ( )
Standard Benchmark Returns (%)
`
`
`
`
Market Value as on , 2017 ( )
S&P BSE 200 -
S&P BSE 200 -
Nifty 50 -
Nifty 50 -
March 31
Total amount invested ( )
Scheme Returns (%)
Scheme Benchmark ( )
Scheme Benchmark Returns (%)
Standard Benchmark ( )
Standard Benchmark Returns (%)
`
`
`
`
Market Value as on , 2017 ( )
S&P BSE 200 -
S&P BSE 200 -
Nifty 50 -
Nifty 50 -
March 31
120000 360000 600000 1720000
134805 432945 853324 5604662
23.77 12.37 14.07 15.14
131278 408408 793799 4540801
17.97 8.38 11.15 12.57
133278 424157 840280 4868894
21.24 10.96 13.45 13.43
120000 360000 600000 1580000
134893 446507 958728 4447809
23.91 14.51 18.83 14.62
133278 424157 840280 3650291
21.24 10.96 13.45 11.94
131278 408408 793799 3466275
17.97 8.38 11.15 11.23
120000 360000 600000 1150000
130057 414316 788000 1727160
15.98 9.35 10.85 8.25
133278 424157 840280 1989810
21.24 10.96 13.45 11.05
131278 408408 793799 1872843
17.97 8.38 11.15 9.86
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 10,000/- 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 March 31, 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
Returns are of growth option. The returns for the respective periods are provided as on 31 Mar 2017. Returns above 1 year are CompoundedAnnualized. Standard benchmarkis prescribed 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 of the period. Thereturns provided above have been rounded off and hence there may be minor differences between point-to-point returns vis-a-vis returns indicated above. Different plans shallhave a different expense structure. The performance details provided herein are of other than Direct plan.Scheme count for the total schemes managed by the Fund Managers does not include closed ended scheme.
`
SIP Performance of Equity Schemes
27
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 , 2017 ( )
MSCI Brazil 10/40 Index -
MSCI Brazil 10/40 Index -
Nifty 50 -
Nifty 50 -
March 31
120000 360000 600000 700000
131621 403167 585240 665195
18.56 7.51 -0.98 -1.73
138258 420665 607501 670257
29.57 10.40 0.49 -1.47
131527 408910 794302 971273
18.41 8.46 11.17 11.13
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 , 2017 ( )
MSCI AC Asia Pacific ex Japan -
MSCI AC Asia Pacific ex Japan -
Nifty 50 -
Nifty 50 -
March 31
120000 360000 NA 370000
129948 403099 NA 415475
15.84 7.50 NA 7.48
132701 385120 NA 395566
20.35 4.44 NA 4.28
131490 408873 NA 425092
18.34 8.46 NA 8.98
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 , 2017 ( )
MSCI Emerging Market Index -
MSCI Emerging Market Index -
Nifty 50 -
Nifty 50 -
March 31
120000 360000 600000 1080000
129781 391520 665252 1319979
15.58 5.54 4.09 4.38
129581 386822 659116 1280596
15.25 4.73 3.72 3.72
131453 408583 793975 1755848
18.28 8.41 11.16 10.48
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 10,000/- 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 , 2016.
`
`
March 31
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
Returns are of growth option. The returns for the respective periods are provided as on 31 Mar 2017. Returns above 1 year are CompoundedAnnualized. Standard benchmarkis prescribed 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 of the period. Thereturns provided above have been rounded off and hence there may be minor differences between point-to-point returns vis-a-vis returns indicated above. Different plans shallhave a different expense structure. The performance details provided herein are of other than Direct plan.Scheme count for the total schemes managed by the Fund Managers does not include closed ended scheme.
`
SIP Performance of Equity Schemes
28
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 , 2017 ( )
S&P BSE 200 -
S&P BSE 200 -
Nifty 50 -
Nifty 50 -
March 31
120000 360000 600000 1230000
139481 458572 971941 2798671
31.58 16.38 19.39 15.29
133278 424157 840280 2181623
21.24 10.96 13.45 10.76
131278 408408 793799 2055091
17.97 8.38 11.15 9.66
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 , 2017 ( )
S&P BSE 200 -
S&PBSE200 -
Nifty 50 -
Nifty 50 -
$
March 31
India Infrastructure Index
India Infrastructure Index
120000 NA NA 340000
143052 NA NA 407836
37.64 NA NA 12.94
143513 NA NA 401109
38.42 NA NA 11.72
131278 NA NA 311702
17.97 NA NA 8.05
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 , 2017 ( )
S&P BSE 200 -
S&P BSE 200 -
Nifty 50 -
Nifty 50 -
March 31
120000 360000 600000 1210000
135639 436429 870037 2102299
25.15 12.93 14.86 10.56
133278 424157 840280 2134720
21.24 10.96 13.45 10.84
131278 408408 793799 2010186
17.97 8.38 11.15 9.72
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 10,000/- 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 , 2016.
`
`
March 31
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
Returns are of growth option. The returns for the respective periods are provided as on 31 Mar 2017. Returns above 1 year are CompoundedAnnualized. Standard benchmarkis prescribed 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 of the period. Thereturns provided above have been rounded off and hence there may be minor differences between point-to-point returns vis-a-vis returns indicated above. Different plans shallhave a different expense structure. The performance details provided herein are of other than Direct plan.Scheme count for the total schemes managed by the Fund Managers does not include closed ended scheme.
`
SIP Performance of Equity Schemes
29
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 , 2017 ( )
Customised Benchmark Index* -
Customised Benchmark Index -
Nifty 50 -
Nifty 50 -
March 31
120000 NA NA 350000
134168 NA NA 427360
22.75 NA NA 13.83
131724 NA NA 408724
18.73 NA NA 10.65
131367 NA NA 395101
18.12 NA NA 8.28
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 , 2017 ( )
CRISIL Balanced Fund – Aggressive Index -
CRISILBalancedFund–AggressiveIndex-
Nifty 50 -
Nifty 50 -
March 31
120000 NA NA 350000
132265 NA NA 422738
19.61 NA NA 13.05
129290 NA NA 399723
14.76 NA NA 9.09
131367 NA NA 395101
18.12 NA NA 8.28
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 , 2017 ( )
S&P BSE Midcap -
S&P BSE Midcap -
Nifty 50 -
Nifty 50 -
March 31
120000 360000 600000 1430000
138575 483421 1153663 3537462
30.05 20.13 26.51 14.30
137132 477348 1017180 3198735
27.64 19.23 21.26 12.77
131278 408408 793799 2704334
17.97 8.38 11.15 10.19
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 10,000/- 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 , 2016.
`
`
March 31
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
Returns are of growth option. The returns for the respective periods are provided as on 31 Mar 2017. Returns above 1 year are CompoundedAnnualized. Standard benchmarkis prescribed 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 of the period. Thereturns provided above have been rounded off and hence there may be minor differences between point-to-point returns vis-a-vis returns indicated above. Different plans shallhave a different expense structure. The performance details provided herein are of other than Direct plan.Scheme count for the total schemes managed by the Fund Managers does not include closed ended scheme.
`
SIP Performance of Equity Schemes
30
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 , 2017 ( )
Customised Benchmark Index* -
Customised Benchmark Index -
Nifty 50 -
Nifty 50 -
March 31
120000 NA NA 350000
125334 NA NA 397195
8.40 NA NA 8.65
126284 NA NA 406895
9.93 NA NA 10.34
131367 NA NA 395101
18.12 NA NA 8.28
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 , 2017 ( )
MSCI AC World Index -
MSCI AC World Index -
Nifty 50 -
Nifty 50 -
March 31
120000 NA NA 250000
127223 NA NA 266377
11.44 NA NA 6.00
130193 NA NA 272904
16.25 NA NA 8.36
131490 NA NA 278532
18.34 NA NA 10.36
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 10,000/- 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 , 2016.
`
`
March 31
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%).
Returns are of growth option. The returns for the respective periods are provided as on 31 Mar 2017. Returns above 1 year are CompoundedAnnualized. Standard benchmarkis prescribed 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 of the period. Thereturns provided above have been rounded off and hence there may be minor differences between point-to-point returns vis-a-vis returns indicated above. Different plans shallhave a different expense structure. The performance details provided herein are of other than Direct plan.Scheme count for the total schemes managed by the Fund Managers does not include closed ended scheme.
`
HSBC Monthly Income Plan (HMIP)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
SIPMinimum ApplicationAmountGrowthQuarterly DividendMonthly DividendSIPExit Load
per unit
Monthly Average AUM(In Lakhs)
.03.17
Yield To Maturity*
@
Weighted Average Monthly Total Expenses ratios(Annualized)Regular 2.39%Direct Plan 1.78%Excludes service tax on Investment Management fees of 0.28%of Total NetAssets.
Asset Allocation
Government Securities 39.40%
Corporate/ PSU Debt 31.79%
Equity 23.72%
Net CurrentAssets 2.75%
Cash Equivalents 2.34%
Total NetAssets 100.00%
@ Effective from March 1, 2013 for prospective investments.
* Based on investedAmount
FUND PORTFOLIO
Corporate/ PSU Debt
Equity
Government Securities
Reverse Repos 679.16 2.34%Net Current Assets 805.72 2.75%Total Net Assets as on 31-Mar-2017 29,081.82 100.00%
Corporate Bonds / Debentures
Equities
Power Grid Corporation of India 1,584.32 5.45% CRISIL AAAPower Finance Corporation 1,017.20 3.50% CRISIL AAAIndia Infradebt 1,016.88 3.50% CRISIL AAAHDFC Bank 707.61 2.43% CARE AAABajaj Finance 699.73 2.41% CRISIL AAAAxis Bank 693.86 2.39% CRISIL AAAIndian Railway Finance Corporation 693.27 2.38% CRISIL AAAPower Finance Corporation 690.37 2.37% CRISIL AAAPower Grid Corporation of India 627.18 2.16% CRISIL AAAHDFC 507.20 1.74% CRISIL AAATata Sons 501.70 1.73% CRISIL AAAPower Grid Corporation of India 208.65 0.72% CRISIL AAANABARD 152.44 0.52% CRISIL AAANTPC 142.19 0.49% CRISIL AAA
HDFC Bank 591.45 2.03%ICICI Bank 488.09 1.68%IndusInd Bank 377.66 1.30%The Ramco Cements 296.72 1.02%Maruti Suzuki India 277.74 0.96%Hindustan Unilever 222.47 0.76%HDFC 214.80 0.74%Infosys 204.45 0.70%Torrent Pharmaceuticals 201.84 0.69%MRF 192.01 0.66%Exide Industries 179.48 0.62%United Spirits 178.33 0.61%Oracle Financial Services Software 171.71 0.59%Crompton Greaves Cons Electrical 169.22 0.58%Somany Ceramics 169.13 0.58%Indo Count Industries 167.83 0.58%Axis Bank 160.98 0.55%Castrol India 159.99 0.55%Sun TV Network 158.13 0.54%The Federal Bank 153.64 0.53%NCL Industries 149.06 0.51%Amara Raja Batteries 146.86 0.50%Gateway Distriparks 146.62 0.50%ITC 145.05 0.50%GlaxoSmithKline Consumer Healthcare 144.37 0.50%Sun Pharmaceutical Ind 139.69 0.48%Heritage Foods 139.52 0.48%LIC Housing Finance 136.06 0.47%IRB Infrastructure Developers 132.38 0.46%OCL India 118.84 0.41%Nilkamal 117.11 0.40%Welspun India 108.12 0.37%Ahluwalia Contracts (India) 106.68 0.37%Karur Vysya Bank 103.88 0.36%IPCA Laboratories 101.43 0.35%Huhtamaki PPL 98.07 0.34%The Jammu & Kashmir Bank 66.00 0.23%Aditya Birla Fashion and Retail 35.32 0.12%Hindustan Dorr-Oliver 27.93 0.10%
7.68% GOVT OF INDIA RED 15-12-2023 2,950.77 10.15% SOVEREIGN7.72% GOVT OF INDIA RED 25-05-2025 2,400.24 8.25% SOVEREIGN7.61% GOVT OF INDIA RED 09-05-2030 1,529.54 5.26% SOVEREIGN8.15% GOVT OF INDIA RED 24-11-2026 1,279.83 4.40% SOVEREIGN8.39% RAJASTHAN SDL RED 15-03-2026 1,045.06 3.59% SOVEREIGN6.84% GOVT OF INDIA RED 19-12-2022 964.35 3.32% SOVEREIGN8.39% RAJASTHAN SPL SDL RED 15-03-2024 726.17 2.50% SOVEREIGN7.80% GOVT OF INDIA RED 11-04-2021 415.10 1.43% SOVEREIGN7.73% GOVT OF INDIA RED 19-12-2034 144.62 0.50% 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 - Monthly Dividend
HSBC MIP - Monthly Dividend - Direct Plan
HSBC MIP - Quarterly Dividend
HSBC MIP - Quarterly Dividend - Direct Plan
25-Jan-17 0.07223 0.06692 13.493427-Feb-17 0.07223 0.06692 13.3501
26-Sep-16 0.20223 0.18737 13.745626-Dec-16 0.21668 0.20075 13.2176
26-Sep-16 0.20223 0.18737 14.539526-Dec-16 0.21668 0.20075 14.0147
27-Mar-17 0.07223 0.06692 13.4326
25-Jan-16 0.06862 0.06357 13.8945
27-Mar-17 0.21668 0.20075 13.5578
27-Mar-17 0.21668 0.20075 14.4147
26-Nov-15 0.06862 0.06357 14.267028-Dec-15 0.06862 0.06357 14.1949
Rating24-Feb-04
CRISIL MIP Blended Index
33.6465
6.89 years
4.93 years
28,711.26
Aditya Khemani(for Equity portion) Sanjay
Shah (for Debt portion)
Available
10,00010,00025,000
1,000 p.m.Nil
`
`
`
`
`
7.38%
Rating Profile
Sovereign 39.40%
AAAand equivalents 31.79%
Equity 23.72%
Reverse Repos/ CBLOs 2.34%
Net CurrentAssets 2.75%
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 Monthly Income Plan (HMIP)
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.
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
Monthly Average AUM(In Lakhs)
.03.17
@
Weighted Average Monthly Total Expenses ratios(Annualized)Regular 1.84%Direct Plan 1.09%Excludes service tax on Investment Management fees of 0.16%of Total NetAssets.
Asset Allocation
Government Securities 52.53%
Corporate/ PSU Debt 40.15%
Net CurrentAssets 3.77%
Cash Equivalents 3.55%
Total NetAssets 100.00%
@ Effective from March 1, 2013 for prospective investments.
* Based on invested Amount
FUND PORTFOLIO
Corporate/ PSU Debt
Government Securities
Reverse Repos 201.44 3.55%
Net Current Assets 214.98 3.77%
Total Net Assets as on 31-Mar-2017 5,671.52 100.00%
Corporate Bonds / Debentures
Export Import Bank of India 555.55 9.80% CRISIL AAA
Power Grid Corporation of India 361.48 6.37% CRISIL AAA
Tata Sons 301.02 5.31% CRISIL AAA
HDFC Bank 202.17 3.56% CARE AAA
Bajaj Finance 199.92 3.53% CRISIL AAA
Axis Bank 198.25 3.50% CRISIL AAA
Indian Railway Finance Corporation 198.08 3.49% CRISIL AAA
Power Finance Corporation 197.25 3.48% CRISIL AAA
Power Grid Corporation of India 62.72 1.11% CRISIL AAA
7.68% GOVT OF INDIA RED 15-12-2023 896.70 15.81% SOVEREIGN
6.84% GOVT OF INDIA RED 19-12-2022 813.67 14.35% SOVEREIGN
7.72% GOVT OF INDIA RED 25-05-2025 463.39 8.17% SOVEREIGN
7.61% GOVT OF INDIA RED 09-05-2030 431.58 7.61% SOVEREIGN
8.39% RAJASTHAN SPL SDL RED 15-03-2024 207.48 3.66% SOVEREIGN
7.80% GOVT OF INDIA RED 11-04-2021 124.53 2.20% SOVEREIGN
7.73% GOVT OF INDIA RED 19-12-2034 41.32 0.73% SOVEREIGN
IssuerMarket Value
( in Lacs)`
% to NetAssets
Rating10-Dec-02
CRISIL Composite BondFund Index
27.2545
6.72 years
4.85 years
7.30%
5,602.20
Sanjay Shah
Available
10,000
1,000 p.m.(SIP)
Nil
`
`
`
Rating Profile
SOVEREIGN 52.53%
AAAand equivalents 40.15%
Reverse Repos/ CBLOs 3.55%
Net CurrentAssets 3.77%
Total NetAssets 100.00%
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
26-Sep-16 0.17334 0.16060 11.4814
26-Dec-16 0.17334 0.16060 11.3774
27-Mar-17 0.14445 0.13383 11.1915
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
Monthly Average AUM(In Lakhs)
.03.17
@
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 87.10%Government Securities 9.83%Net CurrentAssets 2.37%Cash Equivalents 0.45%Money Market Instruments 0.25%Total NetAssets 100.00%
@ Effective from March 1, 2013 for prospective investments.
* Based on invested Amount
FUND PORTFOLIO
Money Market Instruments
Corporate/ PSU Debt
Government Securities
Reverse Repos 901.92 0.45%Net Current Assets 4,767.76 2.37%Total Net Assets as on 31-Mar-2017 1,99,086.78 100.00%
Commercial Paper
Corporate Bonds / Debentures
Zero Coupon Bonds
Cox & Kings 494.35 0.25% CARE A1+
Rural Electrification Corporation 10,315.89 5.18% CARE AAALIC Housing Finance 10,173.78 5.11% CRISIL AAANabha Power 10,061.26 5.05% [ICRA]AAA(SO)NABARD 8,129.99 4.08% CRISIL AAANabha Power 7,640.57 3.84% [ICRA]AAALIC Housing Finance 5,151.11 2.59% CRISIL AAAHDFC 5,080.14 2.55% CRISIL AAANABARD 5,074.52 2.55% CRISIL AAAShriram Transport Finance Company 5,037.91 2.53% CRISIL AA+LIC Housing Finance 5,032.73 2.53% CRISIL AAAIndiabulls Housing Finance 5,029.95 2.53% CARE AAATata Capital Financial Services 4,987.46 2.51% [ICRA]AA+Dalmia Cements (Bharat) 4,987.39 2.51% [ICRA]AAIndian Railway Finance Corporation 4,951.93 2.49% CRISIL AAACLP Wind Farm India Pvt 4,034.72 2.03% Fitch AAShriram Transport Finance Company 3,530.50 1.77% CRISIL AA+Power Grid Corporation of India 3,168.63 1.59% CRISIL AAAHDFC 3,100.13 1.56% CRISIL AAANABARD 3,043.11 1.53% CRISIL AAAPower Finance Corporation 3,036.04 1.52% CRISIL AAAPower Finance Corporation 2,584.40 1.30% CRISIL AAAPower Finance Corporation 2,582.44 1.30% CRISIL AAAPower Finance Corporation 2,575.40 1.29% CRISIL AAALIC Housing Finance 2,569.33 1.29% CARE AAASmall Industries Development Bk of India 2,551.16 1.28% CARE AAAHDFC 2,544.05 1.28% CRISIL AAASmall Industries Development Bk of India 2,542.00 1.28% CARE AAAHDFC 2,534.08 1.27% CRISIL AAASRF 2,532.48 1.27% Fitch AANabha Power 2,529.72 1.27% [ICRA]AAA(SO)Power Finance Corporation 2,420.00 1.22% CRISIL AAAHDFC 2,028.82 1.02% CRISIL AAAPower Finance Corporation 1,542.47 0.77% CRISIL AAAIndia Infradebt 1,525.32 0.77% CRISIL AAAPower Finance Corporation 1,523.85 0.77% CRISIL AAASmall Industries Development Bk of India 1,261.77 0.63% CARE AAARural Electrification Corporation 1,041.34 0.52% CRISIL AAAEast North Interconnection Company 1,008.51 0.51% CRISIL AAA (SO)East North Interconnection Company 1,005.28 0.50% CRISIL AAA (SO)East North Interconnection Company 1,003.99 0.50% CRISIL AAA (SO)Power Grid Corporation of India 515.90 0.26% CRISIL AAATata Capital Financial Services 501.26 0.25% CRISIL AA+Cholamandalam Investment & Fin Co 354.07 0.18% [ICRA]AATata Capital Housing Finance 354.05 0.18% CRISIL AA+LIC Housing Finance 353.23 0.18% CARE AAAPower Finance Corporation 329.16 0.17% CRISIL AAARural Electrification Corporation 324.58 0.16% CARE AAAPower Grid Corporation of India 315.89 0.16% CRISIL AAAExport Import Bank of India 162.18 0.08% CRISIL AAASmall Industries Development Bk of India 111.70 0.06% CARE AAANABARD 10.14 0.01% CRISIL AAA
Sundaram BNP Paribas Home Finance 6,451.39 3.24% [ICRA]AA+Sundaram BNP Paribas Home Finance 6,451.39 3.24% [ICRA]AA+JM Financial Products 5,027.09 2.53% CRISIL AALIC Housing Finance 621.70 0.31% CARE AAA
8.40% UTTAR PRADESH SDL RED 10-03-2020 5,162.82 2.59% SOVEREIGN8.15% GOVT OF INDIA RED 24-11-2026 2,666.31 1.34% SOVEREIGN8.25% UTTAR PRADESH SDL RED 29-03-2020 2,572.95 1.29% SOVEREIGN6.84% GOVT OF INDIA RED 19-12-2022 2,511.33 1.26% SOVEREIGN7.72% GOVT OF INDIA RED 25-05-2025 2,082.63 1.05% SOVEREIGN8.39% RAJASTHAN SDL RED 15-03-2026 1,902.02 0.96% SOVEREIGN7.59% GOVT OF INDIA RED 11-01-2026 1,572.03 0.79% SOVEREIGN7.68% GOVT OF INDIA RED 15-12-2023 1,094.81 0.55% SOVEREIGN
IssuerMarket Value
( in Lacs)`
% to NetAssets
Rating10-Dec-02
CRISIL Short Term BondFund Index
26.9083
2.66 years
2.19 years
7.55%
2,54,747.31
Sanjay Shah &
Kapil Punjabi
Available
10,000
1,000 p.m.(SIP)
Nil
`
`
`
Rating Profile
Sovereign 9.83%
AAAand equivalents 65.11%
AA+/AA-/AAand equivalents 22.24%
Reverse Repos/ CBLOs 0.45%
Net CurrentAssets 2.37%
Total NetAssets 100.00%
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
25-Jan-17 0.05045 0.04675 11.298727-Feb-17 0.03918 0.03630 11.2257
26-Dec-16 0.07035 0.06518 11.333525-Jan-17 0.05706 0.05286 11.3524
27-Mar-17 0.03579 0.03316 11.2092
27-Feb-17 0.04637 0.04296 11.2799
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
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
Monthly Average AUM(In Lakhs)
.03.17
@
Asset Allocation
Money Market Instruments 105.49%
Fixed Deposit 5.41%
Net CurrentAssets -10.90%
Total NetAssets 100.00%
@ Effective from March 1, 2013 for prospective investments.
* Based on invested Amount
FUND PORTFOLIO
Money Market Instruments
Fixed Deposit
Net Current Assets -20,128.54 -10.90%
Total Net Assets as on 31-Mar-2017 1,85,006.66 100.00%
Certificate of Deposit
Commercial Paper
Fixed Deposit
IDBI Bank 14,868.22 8.04% CRISIL A1+
Yes Bank 9,937.26 5.37% [ICRA]A1+
Oriental Bank of Commerce 9,918.97 5.36% CRISIL A1+
The Federal Bank 9,911.37 5.36% CRISIL A1+
Vijaya Bank 9,907.22 5.36% CARE A1+
Karur Vysya Bank 9,905.97 5.35% CRISIL A1+
HDFC Bank 7,422.96 4.01% CARE A1+
IDFC Bank 7,414.37 4.01% [ICRA]A1+
Kotak Mahindra Bank 2,479.56 1.34% CRISIL A1+
PTC India Financial Services 12,368.73 6.69% CRISIL A1+
Edelweiss Commodities Services 12,322.75 6.66% CRISIL A1+
SREI Equipment Finance 11,432.90 6.18% [ICRA]A1+
Indiabulls Housing Finance 9,895.17 5.35% CRISIL A1+
Cox & Kings 9,856.22 5.33% CARE A1+
Vedanta 9,461.86 5.11% CRISIL A1+
JK Lakshmi Cement 7,391.01 3.99% CARE A1+
Aditya Birla Finance 4,983.66 2.69% [ICRA]A1+
Capital First 4,970.41 2.69% CARE A1+
Ford Credit India 4,969.99 2.69% Fitch A1+
Motilal Oswal Securities 4,944.08 2.67% CRISIL A1+
Dalmia Cements (Bharat) 4,938.86 2.67% [ICRA]A1+
JM Financial Products 4,932.14 2.67% [ICRA]A1+
Cox & Kings 2,486.81 1.34% CARE A1+
SREI Equipment Finance 2,471.91 1.34% [ICRA]A1+
Edelweiss Commodities Services 1,978.85 1.07% CRISIL A1+
Cox & Kings 1,977.39 1.07% CARE A1+
Indiabulls Housing Finance 994.10 0.54% CRISIL A1+
Shapoorji Pallonji and Company Pvt 496.71 0.27% [ICRA]A1+
Small Industries Development Bk of India 495.77 0.27% CARE A1+
Union Bank of India 10,000.00 5.41% Fixed Deposit
IssuerMarket Value
( in Lacs)`
% to NetAssets
Rating04-Dec-02
CRISIL Liquid Fund Index
1616.9837
0.15 years
0.15 years6.68%
2,47,083.90
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 105.49%
Fixed Deposit 5.41%
Net CurrentAssets -10.90%
Total NetAssets 100.00%
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
25-Jan-17 3.86666 3.58239 1005.6038
27-Feb-17 4.21365 3.90387 1006.0842
26-Dec-16 3.89795 3.61138 1006.0348
27-Feb-17 2.62904 2.43576 1011.9644
27-Mar17 3.61719 3.35126 1005.2584
27-Mar17 3.68009 3.40953 1013.4196
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%
Excludes service tax on Investment Management fees of 0.01%of Total NetAssets.
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 AllotmentBenchmark
NAV (Growth)(as on 31 )Average Maturity ofPortfolioModified Durationof PortfolioYield To Maturity*
Fund Managers
SIPMinimum ApplicationAmountSub Options
Exit Load
per unit
Monthly Average AUM(In Lakhs)
.03.17
@
Asset Allocation
Corporate/ PSU Debt 59.56%
Money Market Instruments 36.91%
Cash Equivalents 2.65%
Net CurrentAssets 0.88%
Total NetAssets 100.00%
@ 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
Reverse Repos 1,040.28 2.65%
Net Current Assets 349.17 0.88%
Total Net Assets as on 31-Mar-2017 39,265.35 100.00%
Certificate of Deposit
Commercial Paper
Corporate Bonds / Debentures
Zero Coupon Bonds
IndusInd Bank 2,427.12 6.18% CRISIL A1+
Axis Bank 2,405.01 6.13% [ICRA]A1+
NABARD 2,361.24 6.01% CRISIL A1+
Small Industries Development Bk of India 2,349.20 5.98% CARE A1+
Cox & Kings 2,486.81 6.33% CARE A1+
Edelweiss Commodities Services 2,464.55 6.28% CRISIL A1+
Rural Electrification Corporation 2,535.78 6.46% CARE AAA
Cholamandalam Investment & Fin Co 2,519.43 6.42% [ICRA]AA
CLP Wind Farm India Pvt 2,518.94 6.42% Fitch AA
NABARD 2,028.74 5.17% CRISIL AAA
Tata Capital Financial Services 2,005.05 5.11% CRISIL AA+
Shriram Transport Finance Company 1,513.07 3.85% CRISIL AA+
HDFC 1,014.61 2.58% CRISIL AAA
1,007.69 2.57% CRISIL AAA
Shriram Transport Finance Company 1,005.42 2.56% CRISIL AA+
East North Interconnection Company 756.15 1.93% CRISIL AAA (SO)
Power Finance Corporation 508.81 1.30% CRISIL AAA
JM Financial Products 2,505.88 6.38% CRISIL AA
LIC Housing Finance 1,968.72 5.01% CARE AAA
1,493.69 3.80% CRISIL AAA
HDFC
HDFC
IssuerMarket Value
( in Lacs)`
% to NetAssets
Rating17-Oct-06
CustomisedBenchmark Index**
14.357
0.84 years
0.77 years7.26%
42,155.93
Kapil Punjabi
Available10,000
1,000 p.m.(SIP)Growth, Daily Dividend,
ReinvestmentWeekly Dividend,
ReinvestmentMonthly Dividend (Payout &
Reinvestment)
Nil
`
`
`
Rating Profile
AAAand equivalents 65.73%
AA+/AA-/AAand equivalents 30.74%
Reverse Repos/ CBLOs 2.65%
Net CurrentAssets 0.88%
Total NetAssets 100.00%
Dividend Declaration
Record 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
25-Jan-17 0.04519 0.04187 10.1894
27-Feb-17 0.03709 0.03436 10.1782
25-Jan-17 0.05104 0.04729 10.4004
27-Feb-17 0.04325 0.04007 10.3896
27-Mar-17 0.03115 0.02886 10.1699
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
27-Mar-2017 0.03644 0.03376 10.3801
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 0.03%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
Monthly Average AUM(In Lakhs)
.03.17
@
Asset Allocation
Government Securities 52.97%
Corporate/ PSU Debt 38.05%
Cash Equivalents 5.64%
Net CurrentAssets 3.34%
Total NetAssets 100.00%
@ Effective from March 1, 2013 for prospective investments.
* Based on invested Amount
FUND PORTFOLIO
Corporate/ PSU Debt
Government Securities
Reverse Repos 2,495.26 5.64%
Net Current Assets 1,481.78 3.34%
Total Net Assets as on 31-Mar-2017 44,243.16 100.00%
Corporate Bonds / Debentures
Power Grid Corporation of India 2,220.50 5.02% CRISIL AAA
Power Grid Corporation of India 1,923.35 4.35% CRISIL AAA
Tata Sons 1,705.78 3.86% CRISIL AAA
HDFC Bank 1,617.40 3.66% CARE AAA
Bajaj Finance 1,599.39 3.61% CRISIL AAA
Axis Bank 1,585.97 3.58% CRISIL AAA
Indian Railway Finance Corporation 1,584.62 3.58% CRISIL AAA
Power Finance Corporation 1,577.99 3.57% CRISIL AAA
Power Finance Corporation 1,525.79 3.45% CRISIL AAA
Rural Electrification Corporation 1,489.95 3.37% CARE AAA
7.61% GOVT OF INDIA RED 09-05-2030 5,289.50 11.96% SOVEREIGN
7.68% GOVT OF INDIA RED 15-12-2023 4,963.14 11.22% SOVEREIGN
6.84% GOVT OF INDIA RED 19-12-2022 4,249.17 9.60% SOVEREIGN
8.53% BIHAR SDL RED 30-03-2022 2,089.61 4.72% SOVEREIGN
8.39% RAJASTHAN SPL SDL RED 15-03-2024 1,659.81 3.75% SOVEREIGN
7.64% UTTAR PRADESH SDL RED 29-03-2027 1,504.37 3.40% SOVEREIGN
7.72% GOVT OF INDIA RED 25-05-2025 1,301.65 2.94% SOVEREIGN
7.80% GOVT OF INDIA RED 11-04-2021 1,016.98 2.30% SOVEREIGN
8.39% RAJASTHAN SDL RED 15-03-2026 710.64 1.61% SOVEREIGN
7.73% GOVT OF INDIA RED 19-12-2034 330.57 0.75% SOVEREIGN
8.15% GOVT OF INDIA RED 24-11-2026 319.96 0.72% SOVEREIGN
IssuerMarket Value
( in Lacs)`
% to NetAssets
Rating05-Oct-07
CRISIL Composite BondFund Index
22.2659
7.18 years
5.09 years
7.35%
43,938.38
Sanjay Shah
Available
10,000
1,000 p.m.(SIP)
Nil
`
`
`
Rating Profile
Sovereign 52.97%
AAAand equivalents 38.05%
Reverse Repos/ CBLOs 5.64%
Net CurrentAssets 3.34%
Total NetAssets 100.00%
Dividend Declaration
Record 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
26-Sep-16 0.11661 0.10804 10.7465
25-Oct-16 0.03997 0.03703 10.6404
25-Jun-15 0.18057 0.16729 11.8869
28-Sep-15 0.18057 0.16729 11.9644
26-Sep-16 0.18057 0.16729 12.1092
26-Dec-16 0.18057 0.16729 12.0373
26-Sep-16 0.18057 0.16729 12.5281
26-Dec-16 0.18779 0.17398 12.4859
15-Mar-13 0.35236 0.30201 11.6629
28-Mar-16 0.36113 0.33458 12.1335
26-Sep-16 0.36113 0.33458 12.5188
27-Mar-17 0.36113 0.33458 12.2875
28-Mar-16 0.36113 0.33458 11.5335
26-Sep-16 0.36113 0.33458 11.9179
25-Nov-16 0.32168 0.29803 11.0304
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
27-Mar-17 0.36113 0.33458 11.7165
27-Mar-17 0.18057 0.16729 11.8718
27-Mar-17 0.18057 0.16729 12.3364
14-Sep-12 0.35236 0.30201 11.4315
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 Monthly Income 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) & Kapil Punjabi (from 23 December 2016)
Kapil Punjabi (from 14 March 2014)
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.
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Funds Managed by Sanjay Shah (for Debt portion) (Total Schemes Managed 10)Aditya Khemani (for Equity portion) (Total Schemes Managed 2)Funds Managed by
HSBC Monthly Income Plan Date of Inception : 24 Feb 04
Scheme Name & Benchmarks SinceInception
HSBC Monthly Income 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, 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
`
`
`
`
12.99% 11.06% 10.67% 9.70%
12.30% 11.37% 9.92% 8.08%
7.15% 7.85% 7.54% 5.99%
11.87% 11.43% 8.79% 5.82%
11,299 13,699 16,599 33,655
11,230 13,814 16,045 27,703
10,715 12,546 14,382 21,446
11,187 13,835 15,242 20,995
` ` ` `
` ` ` `
` ` ` `
` ` ` `
Past performance may or may not be sustained in the future. Refer note below.
Returns are of growth option. The returns for the respective periods are provided as on 31 Mar 2017. Returns above 1 year are Compounded Annualized.Standard benchmark is prescribed 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 of the period. The returns provided above have been rounded off and hence there may be minor differences between point-to-pointreturns vis-a-vis returns indicated above. Different plans shall have a different expense structure. The performance details provided herein are of other thanDirect plan.Scheme count for the total schemes managed by the Fund Managers does not include closed ended scheme.
`
Fund Manager Wise Comparative Performance of Debt Schemes
38
1 Year 3 Years 5 Years
Funds Managed by - Sanjay Shah (Total Schemes Managed 10)
Funds Managed by - Sanjay Shah (Total Schemes Managed 10)
The said Fund is managed by Effective (14 August 2009)Sanjay Shah
The said Fund is managed by Effective (09 January 2009)Sanjay Shah
The said Fund is managed by Effective (09 January 2009)Sanjay Shah
The said Fund is managed by Effective (24 February 2009)Aditya Khemani
Past performance may or may not be sustained in the future. Refer note below.
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
`
`
`
9.17% 9.56% 8.27% 7.26%
11.09% 11.26% 9.45% 6.86%
11.87% 11.43% 8.79% 6.34%
10,917 13,151 14,876 27,260
11,109 13,774 15,705 25,859
11,187 13,835 15,242 24,124
` ` ` `
` ` ` `
` ` ` `
1 Year 3 Years 5 Years
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
`
`
`
9.85% 9.73% 8.79% 8.81%
11.09% 11.26% 9.45% 8.02%
11.87% 11.43% 8.79% 7.33%
10,985 13,214 15,242 22,286
11,109 13,774 15,705 20,796
11,187 13,835 15,242 19,582
` ` ` `
` ` ` `
` ` ` `
Past performance may or may not be sustained in the future. Refer note below.
1 Year 3 Years 5 Years
Fund Manager Wise Comparative Performance of Debt Schemes
39
Past performance may or may not be sustained in the future. Refer note below.
Funds Managed by Sanjay Shah (Total Schemes Managed 10)
Funds Managed by Kapil Punjabi (Total Schemes Managed 3)
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
`
`
`
8.26% 8.54% 8.45% 7.16%
9.10% 9.29% 9.15% 7.19%
7.15% 7.85% 7.54% 5.94%
10,826 12,785 15,002 26,913
10,910 13,053 15,492 27,015
10,715 12,546 14,382 22,845
` ` ` `
` ` ` `
` ` ` `
1 Year 3 Years 5 Years
@ 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 nocontinuous NAV history available for the surviving Plan prior to 19 May 2011, returns since the said date have been considered for calculating performance. The inception date ofHSBC Cash Fund however is 4 December 2002.
The returns for the respective periods are provided as on 31 Mar 2017. Returns above 1 year are CompoundedAnnualized. Standard benchmark is prescribed by SEBI and is usedfor 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 beenrounded off and hence there may be minor differences between point-to-point returns vis-a-vis returns indicated above. Different plans shall have a different expense structure. Theperformance details provided herein are of other than Direct plan.Scheme count for the total schemes managed by the Fund Managers does not include closed ended scheme.
`
* 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 plan structure.Since there was nocontinuous NAV history available for the surviving Plan prior to 1 October 2012, returns since the said date have been considered for calculating performance. The inception date ofHSBC Ultra Short Term Bond Fund however is 17 October 2006.
HSBC Cash Fund@ Date of Inception: 04 Dec 02
Scheme Name & Benchmarks 1 Year 3 Years 5 Years 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
`
`
`
7.40% 8.10% 8.37%
7.31% 7.24% 8.42%
7.15% 7.85% 7.43%
10,740 12,633 14,360
10,640 12,331 14,392
10,715 12,546 13,809
` ` `
` ` `
` ` `
Past performance may or may not be sustained in the future. Refer note below.
Last 7 Daysas on 31Mar 2017
Last 15 Daysas on 31
2017Mar
Last 30 Daysas on 31Mar 2017
7.00% 6.91% 6.66% 7.21% 8.10% 8.53% 8.53%
7.21% 7.18% 6.68% 7.11% 8.04% 8.36% 8.39%
6.41% 6.37% 6.35% 6.70% 7.78% 8.09% 8.01%
10,013 10,028 10,055 10,721 12,630 15,057 16,173
10,014 10,030 10,055 10,711 12,611 14,939 16,053
10,012 10,026 10,052 10,670 12,521 14,753 15,721
` ` ` ` ` ` `
` ` ` ` ` ` `
` ` ` ` ` ` `
Past performance may or may not be sustained in the future. Refer note below.
Funds Managed by - Kapil Punjabi (Total Schemes Managed 3)
Funds Managed by - Kapil Punjabi (Total Schemes Managed 3)
1 Year 3 Years
The said Fund is managed by Effective (09 January 2009)Sanjay Shah
The said Fund is managed by Effective (23 December 2016)Kapil Punjabi
The said Fund is managed by Effective (18 October 2014)Kapil Punjabi
The said Fund has been in existence for more than 1 year but less than 5 years
The said Fund is managed by Effective (14 March 2014)Kapil Punjabi
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.
`
`
th
`
`
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
40
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.
022-49146254
Mutual Fund investments are subject to market risks, read all scheme related documents carefully.
HSBCAsset Management (India) Private Limited,
16, V.N. Road, Fort, Mumbai-400001
Tel. :
Fax : Email : Website :
HSBC Mutual Fund Investor Service Centres :
Ahmedabad :
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Pune :
Mardia Plaza, CG. Road,Ahmedabad - 380 006.
No. 7, HSBC Centre, M.G. Road, Bengaluru - 560 001.
No. 13, Rajaji Salai, 2nd Floor, Chennai -600 001.
6-3-1107 & 1108, Rajbhavan Road, Somajiguda, Hyderabad - 50082.
31 BBD Bagh, Dalhousie Square, Kolkata - 700001.
16, V.N. Road, Fort, Mumbai - 400 001.
3rd Floor, East Tower, Birla Tower, 25, Barakhamba Road, New Delhi - 110 001.
AmarAvinash Corporate City, Sector No. 11, Bund Garden Road, Pune - 411011.
hsbcmf@camsonline.com www.assetmanagement.hsbc.com/in
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