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HSBC Small Cap Fund - Direct Growth

HSBC Mutual Fund · Equity · mandate: ≥65% in small-caps (beyond the top 250) · benchmark: NIFTY Smallcap 250 TRI (TRI proxy)
AUM (all plans)
16,527 cr
TER direct / regular
0.77% / 1.79%
Active return /yr (full)
1.0%
Score
40
Rank (Score, pool)
#31 of 37
Percentile (full, pool)
40
IR vs benchmark
0.15
CAGR (absolute)
19.8%
Max drawdown
-24.7%
Months of data
45
Percentile ranks this fund within its peer pool; the leaderboard Score is the weighted average of its fiscal-year percentiles (equity: active-return-rank blended with IR-rank).

Cumulative active return

20222023202420252026-339Cumulative active return vs benchmark, %
Growth of the fund relative to its benchmark: +10 means ₹100 in the fund is worth 10% more than ₹100 in the benchmark since the start of the line.

Equity curve

2022202320242025202691144197Fund (NAV=100)Benchmark: NIFTY Smallcap 250 TRICategory median (Small)

Drawdown

20222023202420252026-25-120Drawdown %

Fiscal-year record

FYActive vs BMvs categoryIR%ileTEBenchmarkFund returnmonths
FY220
FY23*7.9%3.2%6.04504.1%-9.0%-1.0%4
FY24-14.4%1.3%-1.96485.0%63.0%48.6%12
FY250.1%-2.7%0.07304.8%5.3%5.4%12
FY26-0.1%-4.1%-0.10113.0%-5.3%-5.4%12
FY27*5.5%3.5%1.83695.8%28.8%34.3%5
Active/Fund returns are TOTALS over the months covered — never annualized (FY27* is year-to-date; a * row covers only part of the year). %ile is the fund's percentile within its peer pool for that year.

Monthly active returns (%)

JanFebMarAprMayJunJulAugSepOctNovDecYear
2022+0.4+0.4
2023+2.3+3.1+2.5-1.6-1.4-0.3-1.9+1.4-2.0+0.4-0.5-2.8-1.1
2024-1.8-1.2+2.0-1.1+2.6+1.2-1.9-0.9+0.8+1.1+1.6+0.3+2.4
2025-1.0-1.4-0.8-0.4-0.7-0.6+1.2-0.6-0.3-0.7+1.3-1.0-4.9
2026-0.2+1.5+0.2+0.7+1.4+1.2-1.7+2.9+6.0
Fund monthly return minus benchmark; the year column compounds each separately and differences them.

Monthly returns (%)

JanFebMarAprMayJunJulAugSepOctNovDecYear
2022-1.4-1.4
2023-0.1-0.5+1.0+5.2+4.2+6.0+5.8+6.5+0.5-1.3+9.7+3.1+47.6
2024+5.5-1.8-2.3+9.3+1.3+10.7+3.1+0.4+2.0-2.5+1.4+0.4+29.8
2025-11.7-14.0+8.2+1.3+8.9+5.2-2.4-4.2+0.8+3.0-2.0-1.3-10.6
2026-5.7+2.2-9.9+17.8+2.9+5.5-0.5+5.5+16.7

Quarterly average AUM & estimated net flows

202220232024202520268,69012,89917,108AUM (quarter avg), ₹cr
-2,7511,938
Quarterly net flow estimate: AUM_q − AUM_(q−1)·(1+quarter return). AUM shown is the quarter AVERAGE (AMFI central disclosure). Positive = net inflows, ₹cr.
Source: AMFI's official all-scheme NAV history (portal report; official NAV history, net of TER by construction). Monthly returns are month-end NAV chains; stale prints (>7 days before month-end) drop out rather than carry. Benchmark series are the median of plain-vanilla direct-plan index funds tracking each index (TRI minus ~10-25bp/yr tracking drag — verified against true-TRI chains). Direct plans, growth option only. Sharpe uses rf 6%, arithmetic monthly convention. Independence: all figures are computed from mandatory public disclosures with a fixed methodology applied identically to every fund — no fund can pay for inclusion, exclusion, placement, or altered presentation, and any material commercial relationship will be disclosed on the affected pages. Nothing here is investment advice; past performance does not predict future returns. Generated 2026-08-25 05:37Z · data through Aug 2026 · leaderboard · PMS leaderboard
Feedback, inputs, or bug reports are appreciated — @vivekrmr on X · LinkedIn.