Fundalysisby DARKHORSESTOCKS

Scheme

HSBC Value Fund

Holds 86 companies worth ₹14,385 Cr in Sept 2026.

  • Fund house

    HSBCThe fund house that runs this scheme.

  • AUM

    ₹14,660 CrHSBC Value Fund's AUM at the end of 30 Sept 2026, as AMFI reports it. Down 4.6% on Aug 2026, ₹15,373 Cr.

  • Largest holding

    HDFC BankHDFC Bank is 5.1% of this scheme's NAV.

  • Fund manager

    Venugopal ManghatRuns it since 24 Nov 2012, as the fund house dates it. With Mayank Chaturvedi (overseas), Dipan Parikh (gold & silver).

Overview(16 Sept 2026)

Fund managers3

  1. Venugopal ManghatFund manager · Nov 2012 · 33y · MBA
  2. Mayank ChaturvediOverseas · Oct 2025
  3. Dipan ParikhGold & silver · Aug 2026 · 29y · B.Com
  1. Sonal GuptaJul 2021 – Sept 2026
  2. Gautam BhupalOct 2023 – Jun 2025

Key facts

Benchmark
Nifty 500 TRI
Risk
Very High
Expense
Regular 1.86% · Direct 0.89%
Exit load
10% within 1 year
Started
8 Jan 2010
Minimum
₹5,000

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 Jul 2021

Apr 2026

1 change
  1. Expense ratio
    9 AprRegular 1.71% → 1.72%Direct 0.74% → 0.7%

Jan 2026

1 change
  1. Expense ratio
    13 JanDirect 0.76% → 0.74%

Source.Its filings at NSE, since Sept 2024.

Fund managers over time(Nov 2012 – now)

  1. Venugopal Manghat
  2. Mayank Chaturvedi
  3. Dipan Parikh
  4. Sonal Gupta
  5. Gautam Bhupal
MainCoSlice2013201520172019202120232025
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.
11 changesRegularDirectΔ pt
9 Apr 20261.72%0.70%0.04
13 Jan 20261.71%0.74%0.02
11 Nov 20251.71%0.76%0
10 Sept 20251.72%0.76%0
9 Aug 20251.71%0.76%0.01
7 Jul 20251.71%0.77%0.01
6 Jun 20251.72%0.78%0.02
10 Feb 20251.74%0.80%0.02
12 Nov 20241.72%0.78%0.01
8 Oct 20241.71%0.77%0.01
16 Sept 20241.72%0.78%–
Direct plan, 9 Apr 2026
0.70%
Regular plan 1.72% · 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

The investment objective of the Scheme is to generate long-term capital appreciation from a diversified portfolio of predominantly equity and equity related securities, in the Indian markets with higher focus on undervalued securities. The Scheme could also additionally invest in Foreign Securities in international markets.

Risk, type and benchmark

Riskometer
Very High
At launch
Very High
Type
An open ended equity scheme following a value investment strategy
Benchmark
Nifty 500 TRI

Asset allocation it may hold% of NAV

  1. Equity & Equity related securities
    Allowed80–100%Holds98.1%
  2. Money market instruments and other liquid instruments
    Allowed0–20%Holds1.9%
  3. Units of InvITs
    Allowed0–10%Holds0.0%
  4. Units of Gold and Silver ETFs
    Allowed0–20%

Holds in Sept 2026.98.1% equity · 1.9% debt and cash

How to invest(16 Sept 2026)

Buying

To start
₹5,000, 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 - Daily (Business Days), Weekly, Fortnightly, Monthly, Quarterly
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
₹500 or 50 units
Switch minimum
₹5,000

Scheme details(16 Sept 2026)

What it is

Category
Open Ended-Equity- Value
Offer
16 Nov 2009 to 15 Dec 2009
Started
8 Jan 2010
Reopened
11 Jan 2010
Plans
HSBC India Value Fund - Direct Plan - Growth · HSBC India Value Fund - Direct Plan - IDCW · HSBC India Value Fund - Regular Plan - Growth · HSBC India Value Fund - Regular Plan - IDCW
Face value
₹10
Listed
No

How it is run

Swing pricing
No
Side-pocketing
No
Custodian
HDFC Bank Limited
Auditor
M/s. Price Waterhouse, Chartered Accountants LLP
Registrar
Computer Age Management Services Limited
SEBI code
LTMF/O/E/VAF/09/09/0016