📊 Value/Contra Fund · Deep Analysis

HSBC Value Fund

HSBC Mutual Fund · Direct Growth · SEBI Category: Value/Contra

Current NAV ₹124.8494 (+0.33% today) As of 04 Jun 2026
1 Year Return +3.4%
3 Year CAGR +20.8% p.a.
AAUM ₹14.0K Cr Jan–Mar 2026
All data from RightAdvise DB — calculated from 865 daily NAV records
Fund Overview

HSBC Value Fund — Quick Summary

HSBC Value Fund benefits from HSBC Asset Management's global value investing expertise applied to Indian markets. The fund uses systematic valuation screens — price-to-earnings, price-to-book, dividend yield — combined with fundamental quality filters to identify genuinely undervalued businesses. HSBC's global research network provides international perspective on sector valuations that domestic-only research teams may miss.

The fund's approach is more systematic and quantitative compared to discretionary value managers like ICICI Pru Value Discovery. This systematic approach removes emotional bias from the value identification process — stocks are selected based on objective valuation criteria rather than subjective manager conviction. This makes the portfolio more rules-based and potentially more replicable across market cycles.

Fund House
HSBC Mutual Fund
SEBI Category
Value/Contra
Benchmark
Nifty 500 Value 50 TRI
Fund Manager
Gautam Bhupal
AMFI Code
151113
Risk Level
Very High
NAV Records in DB
865 days
Quarterly Average AUM · Jan–Mar 2026
₹14.0K Cr
↑ Increased by 0.8% vs Oct–Dec 2025 · ₹13.9K Cr
Official quarterly average AUM from AMFI disclosure. Published every 3 months.
📊
✓ Suitable For
Investors who prefer systematic, rules-based value investing over discretionary contrarian approaches. Those who want global investment methodology applied to Indian value stocks. Long-term investors with 7+ year horizon comfortable with value investing underperformance phases.
Global HSBC value investing methodology applied to Indian equity markets. Systematic, quantitative valuation screens remove emotional bias from stock selection. Global research network provides international valuation perspective. Distinct methodology compared to discretionary value managers.
✗ Not Suitable For
Investors seeking aggressive growth or momentum-driven returns. Those with short horizons under 5 years. Investors who prefer highly discretionary, conviction-based contrarian management over systematic value screens.
Who Runs This Fund

Fund Manager

GB
Gautam Bhupal
HSBC Mutual Fund · Managing since January 2022

Gautam Bhupal is Fund Manager at HSBC Mutual Fund and manages HSBC Value Fund applying a systematic, research-driven value investing framework. He brings global HSBC investment group's value investing methodology to Indian equity markets — using quantitative valuation screens combined with fundamental research to identify stocks trading below intrinsic value across market caps.

For current co-manager details and full biography, refer to the latest HSBC Mutual Fund factsheet on AMFI or the AMC website.

What to Factor In

Things to Consider

Informational points to help you form your own view — not judgements or recommendations.

AMFI Code · Informational
AMFI Scheme Code: 151113
The official AMFI scheme code for HSBC Value Fund Direct Growth is 151113. Use this when transacting on platforms or verifying data across databases.
Important Note
Points Worth Knowing
HSBC Mutual Fund is a smaller fund house in India compared to domestic AMC giants. HSBC Value Fund has grown rapidly in AUM but has a shorter track record in India compared to ICICI Pru Value Discovery or SBI Contra. Evaluate track record carefully — a 2-3 year record does not capture a full value investing cycle.
Investment Objective
As per Scheme Information Document
To provide long term capital appreciation by investing in equity and equity related instruments and following a value investment strategy.
All Data Below — From RightAdvise Database
Performance

Fund Returns

Calculated from 865 daily NAV records in RightAdvise DB. Last calculated: Jun 2026.

1M / 3M / 6M / 1Y — simple point-to-point return  ·  3Y / 5Y / 10Y — CAGR (compounded annual growth rate)

1 MonthPoint-to-point
-1.7%
3 MonthPoint-to-point
-1.3%
6 MonthPoint-to-point
-2.3%
1 YearPoint-to-point
+3.4%
3 YearCAGR
+20.8% p.a.

Best & Worst Periods Ever

Based on all rolling windows in full NAV history. Dates show the start and end of each period.

Best 1Y WindowSimple return
+68.6%
Jun 2023 – Jul 2024
Worst 1Y WindowSimple return
-3.0%
Sep 2024 – Sep 2025
Best 3Y CAGRCAGR p.a.
+25.7% p.a.
Jan 2023 – Feb 2026
Worst 3Y CAGRCAGR p.a.
+19.6% p.a.
Feb 2023 – Mar 2026

Calendar Year Returns

Jan 1 to Dec 31 each year. Simple point-to-point — not CAGR.

2025
+8.0%
2024
+27.1%
2023
+40.7%
Consistency Analysis

Rolling Returns ℹ️ What is this?

Rolling returns show performance across every possible investment start date — not one cherry-picked number. Learn more →

1Y Rolling Avg
26.7%
Positive in 96% of windows
Best: 68.6% · Worst: -3.0%
3Y Rolling Avg
23.5% p.a.
Positive in 100% of windows
Best: 25.7% · Worst: 19.6%
1-Year Rolling Returns Each bar = 1Y return starting from that date
Risk Analysis

Maximum Drawdown ℹ️ What is this?

How much the fund fell from its peak NAV — what investors actually experience during crashes. Calculated from full NAV history.

Max Drawdown Ever
-19.6%
Sep 2024 → Mar 2025
Recovered: Jun 2025 (6 mos)
Current from Peak
-4.5%
All-time Peak: ₹130.09
Peak date: Feb 2026

How the fund behaved in key crisis periods

Calculated from actual NAV data. "Pre-inception" means the fund didn't exist during that period.

2024–25 Tariff / Correction
-19.6%
Sep 27, 2024 – Apr 7, 2025
Recovered: Jun 2025 (6 mos)
COVID-19 Crash
Pre-inception
Feb 19 – Mar 23, 2020
Recovered: N/A
2022 Rate Hike Cycle
Pre-inception
Jan 17 – Jun 17, 2022
Recovered: N/A
2018 IL&FS Crisis
Pre-inception
Aug 28 – Oct 26, 2018
Recovered: N/A
Drawdown Chart % fall from rolling peak NAV · full history
Valuation Signal

NAV vs 200-Day Moving Average

When NAV is above 200 DMA the fund is in an uptrend. When below, it signals caution. Calculated from NAV data in DB.

Current NAV
200 DMA
NAV vs DMA
Calculating...
NAV vs 200 DMA Last 400 trading days
Risk Metrics

Risk Ratios

Calculated from 3 years of daily NAV — industry standard. Risk-free rate: 6.5% p.a. Last updated: Jun 2026. What do these mean? →

Sharpe Ratio (3Y)
0.98
Return per unit of total risk. >1 is good. Learn more →
Sortino Ratio (3Y)
1.34
Like Sharpe but only penalises downside volatility. Learn more →
Std Deviation (3Y)
15.7%
Annualised monthly volatility. Lower = more consistent returns. Learn more →
📊
Want to see what HSBC Value Fund is actually holding?

Our portfolio holdings page shows every stock the fund owns, sector allocation, and month-over-month changes — from official AMC disclosures.

Full current portfolio — all stocks, weights, sectors
New entries and exits over the last 3 months
Sector allocation and month-over-month changes
Updated monthly from official AMC disclosures
See Portfolio Holdings →
← Compare all Value/Contra Funds

See how HSBC Value Fund ranks against other Value/Contra funds on returns, drawdown, Sharpe ratio and AAUM — side by side.

Learn the Metrics
📖 Deep Dive
CAGR, Sharpe, Sortino & Std Dev
What these numbers mean and how to use them
📖 Deep Dive
Drawdown & Rolling Returns
Why these reveal more than any CAGR figure
⚠️ RightAdvise.com is NOT registered with SEBI. All content is for educational purposes only. Mutual Fund investments are subject to market risks. Please read all scheme-related documents carefully and consult a SEBI-registered advisor before investing.
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⚠️ RightAdvise.com is NOT registered with SEBI. All content is for educational purposes only. Mutual Fund investments are subject to market risks. Please read all scheme-related documents carefully and consult a SEBI-registered advisor before investing.