The HSBC Value Fund was launched on January 8, 2010. It uses the Nifty 500 Value 50 Total Return Index as a benchmark. The risk-o-meter categorises HSBC Value Fund as a very high-risk fund. It has outperformed the benchmark in 3-month, 6-month, 1-year, 3-year, 5-year-time-periods and also since its inception. Only in the past 1 month did this fund suffer a dip compared to the benchmark.
Value stocks are those that are considered to be undervalued in the market. A fund that invests in value stocks believes that the market would, at a future date, take cognizance of the potential of these stocks and their prices would appreciate.
Returns
Going by the NAV (Net Asset Value) as on August 12, 2024, if one invested Rs 1,000 every month as SIP 1 year ago, the total value would have stood at Rs 14,810. With the same SIP made 2, 3, 5 and 10 years ago, the value generated would have stood at Rs 35,631, Rs 58,411, Rs 128,454 and Rs 350,302 respectively.
Fund details
As much as 98.55% of the money of this fund is invested in equity. About 1.45% was held as cash or cash equivalent. The fund has invested in 70 stocks, out of which the top 10 accounts for 29.54% of the money, the top 5 accounts for 17.22%, while 45.92% has been allocated in the top 3 sectors.
Going by market cap of the shares that this fund has invested in, we get the following scenario: 36.62% in giant stocks (category average 55.63%); 11.68% in large stocks (category average 18.56%), 39.23% in mid cap stocks (category average 21.67%) while 12.46% in small cap stocks (category average 10.07%).
Stocks and sectors invested in
Some of the sectors where HSBC Value Fund has invested heavily include financial, material, industrial, technology, consumer discretionary, energy and utilities, real estate, consumer staples, diversified and healthcare. Some of the stocks where the fund manager has reposed his faith include NTPC, ICICI Bank, State Bank of India, Jindal Stainless, KEC International and Indian Bank.
(Disclaimer: This article is only meant to provide information. News9live.com does not recommend buying or selling shares or subscriptions of any IPO and Mutual Funds.)
Value stocks are those that are considered to be undervalued in the market. A fund that invests in value stocks believes that the market would, at a later date, take cognizance of the potential of these stocks and their prices would appreciate. Personal Finance Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today
