The HSBC Multi Asset Allocation Fund is a newly launched open-ended scheme aiming for long-term capital growth and income through investments in equities, debt, and gold/silver ETFs. Launched on February 8th, 2024, the offer closes on February 22nd. The minimum investment is Rs 5,000, and there’s an exit load of 1% for units redeemed/switched above 10% within the first year, dropping to nil thereafter. Remember, past performance is not indicative of future results, and investment involves risk. Consider seeking professional financial advice before investing.
The fund aims to generate long-term capital growth and generate income by investing in Equity & Equity Related instruments, Debt & Money Market Securities and Gold / Silver ETFs.
| Instruments | Indicative Allocation | Risk Profile |
| Equities & Equity related instruments | 65% 80% | Very High |
| Debt & Money Market Securities | 10% 25% | Low to Moderate |
| Gold/Silver ETFs | 10% 25% | Moderate to High |
| Units of REITs and InvITS | 0% 10% | Very High |
The performance of the Scheme will be benchmarked with S&P BSE 200 TRI (65%) + NIFTY Short Duration Debt Index (20%) + Domestic Price of Gold (10%) +Domestic Price of Silver (5%).
Risk-o-meter:
S&P BSE 200 TRI – High, NIFTY Short Duration Debt Index – Moderate, Domestic price of gold – Moderate High, Domestic price of silver – High
Cheenu Gupta (Senior Vice President and Fund Management – Equities), Age: 40 years, Educational Qualification: CFA Charter (USA), PGDBM (Finance) – SPJIMR, B.E. (I.T). Over 17 years of experience.
Mahesh Chhabria (VP Fund Management Fixed Income), Age: 37 years, Educational Qualification: Masters in Management Studies (M.M.S). Over 12 years of experience.
Sonal Gupta (Head of Research – Equity), Age: 44 years, Educational Qualification: PGDM (IIM Bangalore), CFA (CFA Institute), Bachelor in Mechanical Engineering, with over 16 years of experience.
Dipan S. Parikh (Vice President – Equity Dealing), Age: 50 years, Educational Qualification: Bachelor of Commerce. Over 26 years of experience.
| Scheme Name | AuM (Cr) | 6M | 1Y | 2Y | 3Y | 5Y | 10Y |
| Quant Multi Asset Fund | 1,455.83 | 28% | 41% | 25% | 35% | 28% | 17% |
| UTI Multi Asset Allocation Fund | 1,152.38 | 22% | 37% | 21% | 16% | 15% | 12% |
| HDFC Multi-Asset Fund | 2,405.89 | 12% | 21% | 15% | 14% | 16% | 12% |
| Tata Multi Asset Opportunities Fund | 2,380.74 | 13% | 24% | 16% | 16% | – | – |
| Axis Multi Asset Allocation Fund | 1,204.17 | 7% | 15% | 7% | 9% | 14% | 11% |
| ICICI Prudential Multi-Asset Fund | 32,831.03 | 14% | 28% | 21% | 24% | 21% | 18% |
| SBI Multi Asset Allocation Fund | 3,626.55 | 13% | 29% | 17% | 15% | 15% | 12% |
| Nippon India Multi Asset Fund | 2,543.08 | 14% | 25% | 16% | 14% | – | – |
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Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.
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