Fundalysisby DARKHORSESTOCKS

Scheme

HSBC Focused Fund

Holds 28 companies worth ₹1,689 Cr in Sept 2026.

  • Fund house

    HSBCThe fund house that runs this scheme.

  • AUM

    ₹1,751 CrHSBC Focused Fund's AUM at the end of 30 Sept 2026, as AMFI reports it. Down 5.0% on Aug 2026, ₹1,843 Cr.

  • Largest holding

    ICICI BankICICI Bank is 7.8% of this scheme's NAV.

  • Fund manager

    Neelotpal SahaiRuns it since 29 Jul 2020, as the fund house dates it. With Sonal Gupta (fund manager), Mayank Chaturvedi (overseas), Dipan Parikh (gold & silver).

Overview(16 Sept 2026)

Fund managers4

  1. Neelotpal SahaiFund manager · Jul 2020 · 32y · PGDM B.Tech
  2. Sonal GuptaFund manager, equity · Dec 2023 · 22y · CFA PGDM B.E.
  3. Mayank ChaturvediOverseas · Oct 2025
  4. Dipan ParikhGold & silver · Aug 2026 · 29y · B.Com
  1. Cheenu GuptaJun 2023 – Jun 2025

Key facts

Benchmark
Nifty 500 TRI
Risk
Very High
Expense
Regular 2.23% · Direct 1.05%
Exit load
10% within 1 year
Started
22 Jul 2020
Minimum
Rs. 5,000 per application

Source.Its Scheme Summary Document as of 16 Sept 2026 at AMFI.

What changed(17 changes)

Sept 2026

1 change
  1. Dipan Parikh joined
    16 Septfor gold and silver

Apr 2026

1 change
  1. Expense ratio
    9 AprRegular 2.11% → 2.14%Direct 0.98% → 1.01%

Mar 2026

1 change
  1. Expense ratio
    11 MarRegular 2.12% → 2.11%Direct 0.99% → 0.98%

Source.Its filings at NSE, since Sept 2024.

Fund managers over time(Jul 2020 – now)

  1. Neelotpal Sahai
  2. Sonal Gupta
  3. Mayank Chaturvedi
  4. Dipan Parikh
  5. Cheenu Gupta
MainCoSlice202120222023202420252026
Fig. 1.Who ran it when: each manager from the date the fund house gives, or the first document listing them where it gives none, to when they left. A slice is part of it: overseas, gold and silver, or arbitrage.

Costs(Sept 2024 – Sept 2026)

Every change to the expense ratio, newest first.
14 changesRegularDirectΔ pt
9 Apr 20262.14%1.01%0.03
11 Mar 20262.11%0.98%0.01
11 Feb 20262.12%0.99%0.01
11 Nov 20252.11%0.98%0.01
10 Sept 20252.12%0.99%0.01
9 Aug 20252.11%0.98%0.04
7 Jul 20252.11%0.94%0.01
6 Jun 20252.12%0.95%0.04
6 May 20252.11%0.91%0.02
1 Apr 20252.13%0.93%0.02
10 Feb 20252.11%0.91%0.02
4 Dec 20242.09%0.89%0.01
12 Nov 20242.10%0.90%0.01
16 Sept 20242.09%0.89%–
Direct plan, 9 Apr 2026
1.01%
Regular plan 2.14% · Exit load 10% within 1 year
Fig. 1.Total expense ratio a year, each plan's, as its Scheme Summary Documents state it, filing by filing at NSE. A change holds until the next.

Objective and risk(16 Sept 2026)

Objective

To seek long term capital growth through investments in a concentrated portfolio of equity & equity related instruments of up to 30 companies across market capitalization. However, there is no assurance that the investment objective of the Scheme will be achieved.

Risk, type and benchmark

Riskometer
Very High
Type
An open-ended equity scheme investing in maximum 30 stocks (i.e. Multi cap)
Benchmark
Nifty 500 TRI

Asset allocation it may hold% of NAV

  1. Equities and Equity related securities
    Allowed80–100%Holds96.5%
  2. Money market instruments and other liquid instruments
    Allowed0–20%Holds3.5%
  3. Units issued by InvITs
    Allowed0–10%Holds0.0%
  4. Units of Gold and Silver ETFs
    Allowed0–20%

Holds in Sept 2026.96.5% equity · 3.5% debt and cash

How to invest(16 Sept 2026)

Buying

To start
Rs. 5,000 per application, then in multiples of ₹1
To add
₹1,000, then in multiples of ₹1
Systematic
SIP - Daily (All Business Days from Monday to Friday), Weekly (Any Day from Monday to Friday), Monthly (Default: 10th), Quarterly (Default: 10th); STP - Daily/Weekly/Fortnightly/Monthly/Quarterly SWP - Monthly/Quarterly/Half-yearly/Annual:
Dates
SIP - Daily (Daily SIP will be processed from Monday to Friday. In case of a non-business day falling between Monday to Friday (both days inclusive) then the daily SIP installment for that day will not be processed on the next business day.); Weekly - Any day from Monday to Friday; Other than daily and weekly - Any Date; STP - Any Date of the month; Default Day for Weekly: Wednesday; Default Date for Fortnightly: 15th of the month; Default Dates for Monthly & Quarterly: 10th of the month SWP - Any Date of the month(Default: 10th); Default Dates for Monthly/Quarterly/Half-yearly/Annual: 10th of the month
Minimum
SIP - 500 Daily 6; 500 Weekly 6; 500 Monthly 6; 1500 Quarterly 4 ; Minimum Aggregate Amount: Rs. 6,000/- in multiples of Re.1. SWP - 500 STP - 500;The minimum amount required under the source scheme for registering STP is Rs. 6,000., then sIP- Rs. 1 STP-Rs. 1 SWP-Rs. 1 or 50 units
Instalments
SIP - Daily - 6 installments; Weekly - 6 installments ; Monthly - 6 installments; Quarterly - 4 installments STP - 6 installments SWP - 12 installments

Selling and switching

To redeem
Rs. 500 in multiples of Re.1 or 50 Units in multiples of 0.01 units units
Switch minimum
Rs. 5,000 per application and in multiples of Re. 1 thereafter
Switch multiples
₹1

Scheme details(16 Sept 2026)

What it is

Category
Focused Fund
Offer
1 Jul 2020 to 15 Jul 2020
Started
22 Jul 2020
Reopened
29 Jul 2020
Plans
• Growth- Regular • Growth – Direct • Income Distribution cum Capital Withdrawal Option (IDCW) - Regular • Income Distribution cum Capital Withdrawal Option (IDCW) – Direct - Payout of IDCW - Reinvestment IDCW
Face value
₹10
Listed
No

How it is run

Swing pricing
No
Side-pocketing
Yes
Custodian
HDFC Bank Limited
Auditor
M/s. Price Waterhouse, Chartered Accountants LLP
Registrar
Computer Age Management Services Private Limited
SEBI code
HSBC/O/E/FOC/20/03/0025