MF Gyan
multi capHigh risk4 years oldAccelerating recently (last 6m ≈ 30% p.a.)

HSBC Multi Cap Fund - Direct Plan - Growth

Legally required to hold at least 25% each in large, mid and small cap. Diversified but with a fixed structure. From HSBC Mutual Fund. It's been running since 3 Feb 2023.

Latest price per unit
₹21.3792
▼ 0.25% today
As of 4 Sep 2026 · updated once each business day

What ₹1 lakh would have become

Based on past returns
Invested 1 year ago
₹1.11 L
▲ ₹11.1k gain · 11.1% / year
Invested 3 years ago
₹1.69 L
▲ ₹68.9k gain · 19.1% / year

These are calculations from the fund's past prices, not a prediction. Real future returns can and often do differ.

SIP simulator

Play with a monthly investment

Slide the amount and switch the duration. Left column uses real past prices. Right column projects forward using this fund's historical rate — a calculation, not a prediction.

₹5.0k
Looking back · real
You would have invested₹1.80 L
Value today₹2.15 L
Gain / loss+₹35.3k
XIRR (annualised)12.60%
Looking forward · hypothetical
You would invest₹1.80 L
Would become*₹2.20 L
Projected gain*+₹39.7k
*at this fund's historical rate of 12.60% per year. Actual future returns can be different — sometimes very different.
Value Cumulative invested
Reality check. The backward SIP is real math on real past NAVs. The forward projection assumes the fund keeps up its historical rate — which rarely happens exactly. Past performance is not a promise. MF Gyan does not recommend any specific investment.
How it compares to peers

Vs 21 other funds in Equity Schemes - Multi Cap Fund

Same plan
1-year return
11.14%median 7.04% (+4.10%)
Rank #5 of 22Beats 81% of peers
3-year return
19.08%median 14.78% (+4.30%)
Rank #2 of 22Beats 93% of peers
Bumpiness (3Y)
16.26%median 14.96% (+1.30%)
Rank #18 of 22Less risky than 19% of peers
Worst-ever drop
-20.07%median -20.07% (-0.00%)
Rank #11 of 22Less risky than 52% of peers

Descriptive rankings within the same category and plan. Not a recommendation — one fund beating another historically does not mean it will continue to do so.

Year by year

Calendar-year returns. 4 of last 4 years were positive.

+48%
2023
+30%
2024
+2%
2025
+8%
2026
Best year
2023 · 47.68%
Worst year
2025 · 1.83%

Price over time

How the per-unit price has moved. Tap a range to zoom in.

Bumpiness & worst drops

Day-to-day bumpiness
16.3%

The value swings roughly 16% up or down in a typical year. Finance-speak calls this volatility.

Worst drop ever
-20.07%

A lump sum invested at the previous peak would have temporarily lost about this much before recovering. Finance-speak calls this max drawdown.

Similar funds you might want to look at

Same category, same plan, sorted by 3-year return. Not recommendations — just neighbours.

Head-to-head comparisons

Side-by-side comparisons of HSBC Multi Cap Fund - Direct Plan - Growth against other multi cap funds.

Technical details (for the pros)
CAGR — 1 year11.14%
CAGR — 3 years19.08%
CAGR — 5 years—
CAGR — since launch23.56%
Volatility — 1 year (annualised)14.67%
Volatility — 3 years (annualised)16.26%
Max drawdown — 1 year-13.09%
Max drawdown — 3 years-20.07%
Sharpe ratio — 1 year (rf=6%)0.33
Sharpe ratio — 3 years (rf=6%)0.73

Fund info

Fund house
HSBC Mutual Fund
Category
Equity Schemes - Multi Cap Fund
Plan
Direct
Option
Growth
ISIN (Growth)
INF336L01QN5
ISIN (Div re-invest)
—
Fund code
151290
First price on record
3 Feb 2023 · 882 daily prices

About HSBC Multi Cap Fund - Direct Plan - Growth

HSBC Multi Cap Fund - Direct Plan - Growth is a Equity Schemes - Multi Cap Fund offered by HSBC Mutual Fund under the Direct plan with the Growth option. It has approximately 4 years of NAV track record. The fund falls in the multi cap category — Legally required to hold at least 25% each in large, mid and small cap. Diversified but with a fixed structure.

The current NAV of HSBC Multi Cap Fund - Direct Plan - Growth is ₹21.3792 (as of 4 Sep 2026). Historically, it has delivered 11.13% over the last year, 19.08% CAGR over 3 years. Returns are historical and don't predict future performance.

Over the last three years, the fund's prices have moved with 16.3% annualised volatility — a "high" level of bumpiness; its deepest peak-to-trough fall on record was 20.1%. Being mentally prepared for drawdowns of this size is what separates long-term investors from reactive traders.

Frequently asked

What is the latest NAV of HSBC Multi Cap Fund - Direct Plan - Growth?+

The latest NAV of HSBC Multi Cap Fund - Direct Plan - Growth is ₹21.3792 as of 4 Sep 2026, down 0.25% from the previous day. NAV is updated once a business day after the market close.

What are the returns of HSBC Multi Cap Fund - Direct Plan - Growth?+

HSBC Multi Cap Fund - Direct Plan - Growth has delivered 1-year return 11.13%, 3-year CAGR 19.08%, since-inception CAGR 23.56%. Returns are historical and don't predict future performance — markets move in cycles.

What category does HSBC Multi Cap Fund - Direct Plan - Growth belong to?+

HSBC Multi Cap Fund - Direct Plan - Growth is categorised as Equity Schemes - Multi Cap Fund. Legally required to hold at least 25% each in large, mid and small cap. Diversified but with a fixed structure.

How risky is HSBC Multi Cap Fund - Direct Plan - Growth?+

Based on its 3-year annualised volatility of 16.3%, HSBC Multi Cap Fund - Direct Plan - Growth sits in the "high" risk bucket. Volatility measures how much prices swing — higher means bigger ups and downs along the way.

Is HSBC Multi Cap Fund - Direct Plan - Growth a direct plan?+

HSBC Multi Cap Fund - Direct Plan - Growth is a Direct plan (no distributor commission — lower expense ratio) with the Growth option (all returns compound within the fund, no interim payouts).

How old is HSBC Multi Cap Fund - Direct Plan - Growth?+

HSBC Multi Cap Fund - Direct Plan - Growth has NAV history available from 3 Feb 2023 — approximately 4 years of track record and 882 daily NAV observations.

Numbers are computed from stored daily prices from mfapi.in/AMFI. This is descriptive analytics, not investment advice. Past performance is not indicative of future returns.