Fundalysisby DARKHORSESTOCKS

Scheme

HSBC Large Cap Fund

Holds 37 companies worth ₹1,697 Cr in Sept 2026.

  • Fund house

    HSBCThe fund house that runs this scheme.

  • AUM

    ₹1,755 CrHSBC Large Cap Fund's AUM at the end of 30 Sept 2026, as AMFI reports it. Down 5.4% on Aug 2026, ₹1,855 Cr.

  • Largest holding

    ICICI BankICICI Bank is 8.7% of this scheme's NAV.

  • Fund manager

    Neelotpal SahaiRuns it since 27 May 2013, as the fund house dates it. With Mayank Chaturvedi (overseas), Dipan Parikh (gold & silver).

Overview(16 Sept 2026)

Fund managers3

  1. Neelotpal SahaiFund manager · May 2013 · 32y · PGDM B.Tech
  2. Mayank ChaturvediOverseas · Oct 2025
  3. Dipan ParikhGold & silver · Aug 2026 · 29y · B.Com
  1. Sonal GuptaDec 2023 – Sept 2026
  2. Gautam BhupalJun 2023 – Jun 2025

Key facts

Benchmark
NIFTY 100 TRI
Risk
Very High
Expense
Regular 2.36% · Direct 1.46%
Exit load
10% within 1 year
Started
10 Dec 2002
Minimum
Rs. 5,000 per application

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

What changed(14 changes)

Sept 2026

3 changes
  1. Mayank Chaturvedi joined
    16 Septfor overseas investments
  2. Dipan Parikh joined
    16 Septfor gold and silver
  3. Sonal Gupta left
    16 Septran it for overseas investments from Dec 2023

Apr 2026

1 change
  1. Expense ratio
    9 AprRegular 2.13% → 2.16%Direct 1.26% → 1.29%

Jan 2026

1 change
  1. Expense ratio
    13 JanRegular 2.12% → 2.13%Direct 1.25% → 1.26%

Source.Its filings at NSE, since Sept 2024.

Fund managers over time(May 2013 – now)

  1. Neelotpal Sahai
  2. Mayank Chaturvedi
  3. Dipan Parikh
  4. Sonal Gupta
  5. Gautam Bhupal
MainCoSlice2014201620182020202220242026
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.
10 changesRegularDirectΔ pt
9 Apr 20262.16%1.29%0.03
13 Jan 20262.13%1.26%0.01
11 Nov 20252.12%1.25%0.02
9 Aug 20252.14%1.27%0.03
7 Jul 20252.13%1.24%0.01
6 Jun 20252.14%1.25%0.04
10 Feb 20252.14%1.21%0.01
12 Nov 20242.13%1.20%0.03
8 Oct 20242.10%1.17%0.01
16 Sept 20242.11%1.18%–
Direct plan, 9 Apr 2026
1.29%
Regular plan 2.16% · 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 generate long-term capital growth from an actively managed portfolio of equity and equity related securities of predominantly large cap companies.However, there can be no assurance or guarantee that the investment objective of the scheme would be achieved.

Risk, type and benchmark

Riskometer
Very High
Type
Large Cap Fund – An open ended equity scheme predominantly investing in large cap stocks.
Benchmark
NIFTY 100 TRI

Asset allocation it may hold% of NAV

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

Holds in Sept 2026.96.7% equity · 3.3% 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, Quarterly SWP - Monthly, Quarterly, Half Year, Annual STP - Weekly, Monthly, Quarterly, Fortnightly, Daily (Business Days)
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, SWP and STP - Any Dates
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 in multiples of ₹1
Instalments
SIP - Daily 6; Weekly 6; Monthly 6; Quarterly 4 SWP - 12 STP - 6

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
Large Cap Fund
Offer
14 Nov 2002 to 3 Dec 2002
Started
10 Dec 2002
Reopened
23 Dec 2002
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/LCF/02/08/0003