hsbc equity factsheet oct · after the interest rate cut decision by the reserve bank of india...

The AssetFactsheet – October 2015

Index

Fund Manager Commentary

HSBC Equity Fund

HSBC India Opportunities Fund

HSBC Midcap Equity Fund

HSBC Infrastructure Equity Fund

HSBC Tax Saver Equity Fund

HSBC Dividend Yield Equity Fund

HSBC Emerging Markets Fund

HSBC Brazil Fund

HSBC Managed Solutions India - Growth

HSBC Managed Solutions India - Moderate

HSBC Managed Solutions India - Conservative

Fund Managers - Equity

Comparative Performance of Equity Schemes

HSBC MIP - Savings Plan

HSBC MIP - Regular Plan

HSBC Income Fund - Investment Plan

HSBC Income Fund - Short Term Plan

HSBC Floating Rate Fund - Long Term Plan

HSBC Cash Fund

HSBC Gilt Fund

HSBC Ultra Short Term Bond Fund

HSBC Flexi Debt Fund

Fund Managers - MIP & Debt

Comparative Performance of MIP & Debt Schemes

HSBC Dynamic Fund

HSBCAsia Pacific (Ex Japan) Dividend Yield Fund

HSBC Global Consumer Opportunities Fund

SIP Performance of Equity Schemes

Section II - How to read Factsheet

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Economic Indicator

The Consumer Price Index (CPI) inched up as base effect waned off

Index of Industrial Production (IIP) registers sequential pick-up

The CPI inflation release for the month of September 2015 came as per expectation at 4.4% against 3.7% in previous month. Base effect has

normalized from September 2014 resulting in pick-up. However, sequential momentum in food prices remained favorable. It largely reflects

pro-active measures taken by government in managing supply chain issues as food prices would have inched up on lower than average

rainfall in last couple of years. Core inflation remained flat at 5.5%.

The Wholesale Price index (WPI) inflation remained in a deflationary state making it the 11th consecutive month of (YoY) decline at -4.5% vs.

-5% inAugust 2015.

Industrial production for the month of August 2015 rose sharply to 6.4% against 4.1% in July 2015. Though there was favorable base effect,

IIP exhibited sequential uptick as well. Growth largely came from capital goods signifying underlying industrial growth recovery and

consumer durables implying growth in discretionary demand.

Source: Bloomberg; Central Statistical Organization (CSO)

Source: Bloomberg; Central Statistical Organization (CSO)

Government is walking tight rope on fiscal front. Though, overall fiscal deficit for April – September 2015 was lower at 68.1% of budgeted estimate against

85.6% last year, growth in direct taxes continue to remain a worry. Higher indirect taxes and lower oil subsidy likely to compensate a bit for shortfall in direct

taxes. Further, government may bring down dis-investment target to INR 300 billion against INR 695 billion given during budget presentations. We may see

some curtailment in Plan capital expenditure which continues in top gear to provide boost to economy to adhere fiscal targets.

India's trade deficit for September 2015 narrowed to ~USD 10.5 billion vs. USD 12.5 billion of deficit in August 2015 but the overall trade data continued to be

muted. Decline in exports at 24.3% (YoY) vs. -20.7% inAugust 2015, increased mainly on account of sharp dip in petroleum products exports. The imports saw

a sharper decline during the month at 25.4% (YoY) vs. -9.9% in August 2015 and this was led by decline in crude oil imports while non-oil imports also

experienced a double digit decline during the month (YoY)

Foreign Institutional Investors (FII) segment net inflows returned to the positive territory after 2 months of net outflows. The FIIs net bought equities worth

~USD 780 million during the month and this took their year-to-date (YTD) net inflow tally to ~USD 4.4 billion. The Domestic Institutional Investors (DII) helped

with net outflows to the tune of USD 219 million due to net selling from the insurers (~USD 669 million), while the MF segment continued to see inflows and

notched up ~USD 450 million of net buying during the month.

Trade number improves on back of slide in Gold imports

Data on Institutional Flows:

Government's fiscal deficit continues on-course

External


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CPI Inflation (%)

Consumer Price Index (CPI)

-4.0%

-2.0%

0.0%

2.0%

4.0%

6.0%

8.0%

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/14

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Index of Industrial Production (IIP)

IIP YoY Growth (New Series; base 2004- 05)

Global Economic Scenario

Equity Market Update

Equity Market – Outlook

Debt Market – Update

The Federal Open Market Committee (FOMC) kept policy rates unchanged in October 2015. Its statement was broadly aggressive and left

the door open for a December 2015 hike. The “recent global economic and financial developments may restrain economic activity” statement

in the previous meeting was removed; suggesting that the FOMC is less concerned with spillover effects from China and Europe onto US

growth and inflation. The FOMC also acknowledged stronger household spending and business fixed investment. The markets are currently

pricing in a 50% chance of a rate hike in December 2015. Economic data released in US were mixed, with a positive undertone.

Equity markets remained in the positive zone during the month of October 2015 on the back of positive global cues and continued optimism

after the interest rate cut decision by the Reserve Bank of India (RBI) in late September 2015. However, Indian equity markets

underperformed global equities during the month.

Key domestic macro-economic indicators were positive for the month of October 2015. The industrial production data surprised positively

with 6.4% growth year-on-year (YoY) and this was the third consecutive month of good growth traction. Inflation data continued to be stable

despite the unwinding of the favorable base effect of the previous months. Also, robust car sales numbers during the month (YoY) came as a

positive sign of improving consumer sentiments.

The July - September 2015 quarter result season so far has turned out to be lacking of any major negative surprises, while the earnings

downgrade cycle continued albeit at a slower pace. Voting in phases for the crucial Bihar state assembly election is currently underway and

the early opinion polls have indicated a close fight between the BJP led NDA and the Grand Alliance coalition. This is a closely followed

election process as it is critical for the NDAfrom a Rajya Sabha standpoint and a win here could also raise hopes of a speedy reform roadmap

by the centre. In the recent 'Ease of doing business rankings' released by the World Bank, India improved its rankings by 4 notches to 130 out

of 189 countries. Within South Asia, India saw the highest increase in ranking and this data point resonates well with the government's focus

on improving the ease of doing business.

The near term market performance is contingent on the Bihar election outcome, which is due on 08 November 2015 and also how the market

will perceive the result and its impact on reform roadmap by the central government. While a victory for the BJP led NDA coalition will raise

hopes of a steadier reform process, an adverse outcome may be viewed in an opposite manner. Global cues shall also be another

determinant for the direction of the markets, especially the one related to the US interest rate lift-off and its impact on flows to Emerging

markets such as India. Given this backdrop, the equity markets are likely to remain in a consolidation mode, while new flows from time to time

could add to volatility in the near term.

We continue to believe that India is relatively much better in comparison to its emerging market peers that are more export and commodity

oriented and hence may turn out to be a preferred investment destination for global institutional investors. We stay positive on equities and

urge investors to stay invested & keep investing incrementally too, and look at this asset class as an avenue for long term wealth creation.

Bond markets gave up bulk of the gains recorded in the month of September 2015 post higher than expected cut in benchmark interest rates.

Month started with rally in bond prices as a result of weak US data. Further, utilization of Gilt and State Development Loans limits for Foreign

Portfolio Investors (FPI) kept the market supported. However, lack of fresh triggers, less-dovish Fed statement and negative demand-supply

in near term pushed yields up. 10 yrs. benchmark Government Securities (G-sec) yields closed the month at 7.64% after touching low of

7.51% against previous month close of 7.56%.

Source: Bloomberg; Bombay Stock Exchange (BSE)


02

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-1.0%

0.0%

1.0%

2.0%

3.0%

Sensex BSE100 BSE200 BSE500 BSEMidCap

BSESmallCap

Indices Performance - Oct 2015

03

Source: Reserve Bank of India (RBI)

Corporate bond curve witnessed compression of spreads due to positive demand-supply equation on back of FPI and end-

investors demand.

Overnight and money market rates remained supportive as the Reserve Bank of India (RBI) continued to pro-actively manage

liquidity. During the month, currency in circulation increased ahead of festive season as per expectation.

Economic growth with eye on the inflation target is the focus of the RBI now. With credit growth still in single digit and with capital

infusion by the government, it is imperative for banks to pass on the rate reduction to borrowers. This may help build some

demand and expand capacities in the long run. This coupled with softer commodity prices may result in further easing in

inflation outlook paving way for future rate cuts.

Policy rates being reduced by 125 basis points (bps) during the current calendar year, emphasis will now shift to reduction in

other rates in the economy viz. small savings rate and bank lending rates that have not reduced commensurately. With lower

inflation, in the immediate term, the RBI can afford to focus on the medium term inflation target. This entails more

accommodative policy and to be data dependent to build up the supply side rather than just curbing demand. Effectively, with

growth pressures being transmitted across boundaries, central banks are being forced to focus on stimulating domestic growth

in the absence of demand support from external markets.

With overnight at 6.75%, current level of gilts still presents good value. Demand supply equation is negative in near term which

presents good opportunity to lock-in higher yields. With ample liquidity and credit offtake at its low, it makes sense for investors

to continue to invest in duration.

Debt Market – Outlook

Source: Bloomberg, for all data except where mentioned otherwise


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Repo Rate Movement

Repo Rate

04


Consumer Discretionary

Consumer Staples

Energy

Financials

Healthcare

Industrials

Information Technology

Materials

Telecommunication

Utilities

Sectors HSBCEquityFund

HSBC IndiaOpportunities

Fund

HSBCMidcap

Equity Fund #

Overweight Underweight Neutral

# The S&P BSE Midcap Index was reconstituted in mid of April ’2015 and hence the relative sector positioning of the fund vs. the benchmark has changed.

Review: HSBC Equity FundBeing underweight consumer staples helped performance while being overweight consumer discretionary, information technology and

underweight energy, industrials, utilities hurt performance.

Review: HSBC India Opportunities FundBeing underweight consumer staples helped performance while being overweight consumer discretionary, industrials, information

technology and underweight energy, utilities hurt performance.

Review: HSBC Midcap Equity FundBeing underweight consumer staples, healthcare helped performance while being overweight consumer discretionary, industrials and

underweight financials, telecommunication, utilities hurt performance.

Review: HSBC Infrastructure Equity Fund

Currently focusing on the following themes :

1. Economic Reforms (22.4%) which includes Financial sector reform– 10% and Oil & Gas Sector deregulation sub theme- 12.4% and

2. Infrastructure (60.7%) which includes Power- 12.1%, Construction– 30.9% and Logistics- 17.7%. Well diversified exposure across

sectors encompassing the above themes.

Review: HSBC Dynamic FundThe cash levels and sector allocation in the fund are likely to change depending on the market conditions and technical factors.

Review: HSBC MIP Regular and Savings PlansOur current exposure is 14.00% in HMIP Regular and 22.58% in HMIP Savings plan. Currently it is more biased towards large caps

than mid or small caps.

HSBC Equity Fund (HEF)An Open Ended Diversified Equity Scheme

Investment Objective: Aims to generate long term capital growth from an actively managed portfolio of equity and equityrelated securities.

05

FUND DETAILS

Weighted Average Monthly Total Expenses ratios(Annualized)

Portfolio Turnover

Regular 2.37%

Direct Plan 1.67%

0.84

Excludes service tax on Investment Management fees of 0.20%of Total NetAssets.

Asset Allocation

Auto 6.85%AutoAncillaries 1.41%Banks 26.24%Cement 1.72%Construction 2.16%Construction Project 3.00%Consumer Non Durables 6.17%Finance 5.41%Minerals/Mining 2.50%Pesticides 2.28%Petroleum Products 3.78%Pharmaceuticals 8.26%Services 1.90%Software 16.83%Telecom - Services 2.48%Textile Products 2.55%Other Equity Investments 3.48%Reverse Repos/CBLOs 2.54%Net CurrentAssets 0.44%Total NetAssets 100.00%

Statistical ratios disclosed as per monthly returns of the last 3years.

@ Effective from March 1, 2013 for prospective investments.

**Risk free rate: 6.79% (FIMMDA-NSE Mibor) as on October 30,2015)

Upon payment of dividend, the NAV per unit falls to the extent of payout and statutory levy, if any. Face value: 10 per unit.`

FUND PORTFOLIO

Auto

Auto Ancillaries

Banks

Cement

Construction

Construction Project

Consumer Non Durables

Finance

Minerals/Mining

Pesticides

Petroleum Products

Pharmaceuticals

Services

Software

Telecom - Services

Textile Products

Other Equity Investments 2,452.93 3.48%

Cash Equivalents

Reverse Repos 1,178.68 1.67%

CBLO 611.39 0.87%

Net Current Assets 331.06 0.44%

Total Net Assets as on 31-Oct-2015 70,510.53 100.00%

Tata Motors 3,272.08 4.64%

Maruti Suzuki India 1,557.15 2.21%

MRF 993.79 1.41%

HDFC Bank 6,047.80 8.58%

ICICI Bank 4,432.00 6.29%

Yes Bank 3,338.06 4.73%

Axis Bank 2,852.40 4.05%

Indusind Bank 1,823.80 2.59%

Ultratech Cement 1,212.16 1.72%

J.Kumar Infraprojects 1,522.10 2.16%

Larsen & Toubro 2,116.13 3.00%

I T C 3,346.50 4.75%

Hindustan Unilever 1,000.81 1.42%

HDFC 2,513.70 3.56%

Bajaj Finance 1,305.59 1.85%

Coal India 1,759.45 2.50%

UPL 1,608.95 2.28%

Reliance Industries 1,895.40 2.69%

Hindustan Petroleum Corporation 768.45 1.09%

Sun Pharmaceutical Industries 2,223.88 3.15%

Divi's Laboratories 1,384.62 1.96%

Glenmark Pharmaceuticals 1,189.80 1.69%

Dr. Reddy's Laboratories 1,027.18 1.46%

Aditya Birla Nuvo 1,341.70 1.90%

Infosys 5,109.53 7.25%

Tata Consultancy Services 2,869.48 4.07%

HCL Technologies 2,615.10 3.71%

Tech Mahindra 1,267.00 1.80%

Bharti Airtel 1,745.25 2.48%

Welspun India 1,796.63 2.55%

IssuerMarket Value

( in Lacs)`

% to NetAssets

Dividend DeclarationRecord Date / periodof dividend declared

Dividend ( per unit)Non-Institutional

` Dividend ( per unit)Institutional

` NAV ( ) per unit(cum dividend)

`

HSBC Equity Fund - Dividend

19-Nov-10 2.00000 2.00000 29.3244

22-Feb-13 2.50000 2.50000 26.1962

27-Jun-14 2.50000 2.50000 31.2065

HSBC Equity Fund - Dividend - Direct Plan

22-Feb-13 2.50000 2.50000 26.2505

27-Jun-14 2.50000 2.50000 31.5845

Date of Allotment

Benchmark

NAV (Growth)(as on 30.10.15)

Monthly Average AUM

(In Lakhs)

Fund Manager

SIP

Minimum

Application Amount

Exit Load

Standard Deviation

R-Squared

Beta (Slope)

Sharpe Ratio**

per unit

@

Statistical Ratios

10-Dec-02

S&P BSE 200

144.6260

70,387.02

Neelotpal Sahai

Available

10,000

1,000 p.m.(SIP)

Nil

4.11%

`

`

`

0.9598

0.9960

0.1271

Investors understand that their principalwill be at Moderately High risk

Riskometer

Mod

erately Moderate

Low

Hig

h

Low

High

LOW HIGH

Moderately

This product is suitable forinvestors who are seeking*:

• To create wealth over longterm

• Investment in equity andequity related securities

HSBC Equity Fund (HEF)

* Investors should consult their financial advisers if in doubt aboutwhether the product is suitable for them.

HSBC India Opportunities Fund (HIOF)

This product is suitable for investors who are seeking*:

�

�

�

Overnight liquidity over short term

Investment in Money Market Instruments

Low riskLOW RISK

(BLUE)

Note: Risk is represented as -

*Investors should consult their financial advisers if in doubt whether the product issuitable for them

06

FUND DETAILS


Portfolio Turnover

Regular 2.42%

Direct Plan 1.72%

0.51


Asset Allocation

Auto 7.11%AutoAncillaries 2.55%Banks 25.06%Cement 1.04%Chemicals 1.55%Construction 5.12%Construction Project 4.00%Consumer Non Durables 4.93%Ferrous Metals 1.16%Finance 2.56%Industrial Products 1.71%Minerals/Mining 1.74%Pesticides 1.87%Petroleum Products 2.57%Pharmaceuticals 8.78%Software 15.55%Telecom - Services 2.52%Textile Products 5.68%Other Equity Investments 3.51%Reverse Repos/CBLOs 1.08%Net CurrentAssets -0.09%Total NetAssets 100.00%





FUND PORTFOLIO

Auto

Auto Ancillaries

Banks

Cement

Chemicals

Construction



Ferrous Metals

Finance

Industrial Products

Minerals/Mining

Pesticides

Petroleum Products

Pharmaceuticals

Software

Telecom - Services

Textile Products


Cash Equivalents

Reverse Repos 391.75 0.71%

CBLO 203.21 0.37%

Net Current Assets -52.90 -0.09%


Tata Motors 1,751.52 3.17%

Eicher Motors 1,419.40 2.57%

Maruti Suzuki India 756.33 1.37%

Apollo Tyres 855.25 1.55%

Motherson Sumi Systems 553.39 1.00%

HDFC Bank 4,123.50 7.46%

ICICI Bank 3,324.00 6.01%

Yes Bank 2,579.41 4.66%

Axis Bank 2,234.38 4.04%

Indusind Bank 1,595.83 2.89%

Ultratech Cement 577.22 1.04%

Vinati Organics 859.00 1.55%

IRB Infrastructure Developers 738.15 1.33%

Ahluwalia Contracts (India) 738.15 1.33%

KNR Constructions 730.44 1.32%

MBL Infrastructures 629.55 1.14%

Larsen & Toubro 1,622.36 2.93%

Power Mech Projects 591.35 1.07%

I T C 2,007.90 3.63%

Hindustan Unilever 720.59 1.30%

Jindal Steel & Power 641.20 1.16%

Bajaj Finance 783.35 1.42%

HDFC 628.43 1.14%

Supreme Industries 945.08 1.71%

Coal India 959.70 1.74%

UPL 1,034.33 1.87%

Reliance Industries 1,421.55 2.57%

Glenmark Pharmaceuticals 1,239.38 2.24%

Torrent Pharmaceuticals 1,155.86 2.09%

IPCA Laboratories 973.94 1.76%

Divi's Laboratories 865.39 1.56%

Aurobindo Pharma 626.96 1.13%

Infosys 3,576.67 6.47%

Tata Consultancy Services 2,120.92 3.84%

HCL Technologies 2,092.08 3.78%

Tech Mahindra 808.73 1.46%

Bharti Airtel 1,396.20 2.52%


Arvind 832.50 1.51%

Indian Terrain Fashions 692.23 1.25%

IssuerMarket Value

( in Lacs)`

% to NetAssets





`

HSBC India Opportunities Fund - Dividend

HSBC India Opportunities Fund - Dividend Direct Plan

04-Feb-13 1.50000 1.50000 17.7319

27-Jun-14 1.50000 1.50000 23.2323

17-Mar-15 2.70000 2.70000 27.0820

04-Feb-13 1.50000 1.50000 17.7519

27-Jun-14 1.50000 1.50000 23.5020

17-Mar-15 1.50000 1.50000 27.5575

An Open Ended Flexi-Cap Equity Scheme

Investment Objective: Seeks long term capital growth through investments across all market capitalisations, including small,mid and large cap stocks. It aims to be predominantly invested in equity & equity related securities. However it could move asignificant portion of its assets towards fixed income securities if the fund manager becomes negative on equity markets.

Date of Allotment

Benchmark


Fund Manager

SIP

Minimum

Application Amount

Exit Load

Standard Deviation

R-Squared

Beta (Slope)

Sharpe Ratio**

per unit

Monthly Average AUM

(In Lakhs)

@

Statistical Ratios

24-Feb-04

S&P BSE 500

61.6431

56,002.42

Neelotpal Sahai

Available

10,000

1,000 p.m.(SIP)

Nil

4.41%

0.9312

1.0358

0.2380

`

`

`


Riskometer

Mod

erately Moderate

Low

Hig

h

Low

High

LOW HIGH

Moderately



• Invests in equity and equityrelated securities acrossmarket capitalisations

HSBC India Opportunities Fund (HIOF)


HSBC Midcap Equity Fund (HMEF)


�

�

�



Low riskLOW RISK

(BLUE)



07

FUND DETAILS


Portfolio Turnover

Regular 2.49%

Direct Plan 1.79%

0.50


Asset Allocation





FUND PORTFOLIO

Auto

Auto Ancillaries

Banks

Chemicals

Construction


Consumer Durables


Finance

Industrial Capital Goods

Industrial Products

Media & Entertainment

Pesticides

Petroleum Products

Pharmaceuticals

Power

Software

Textile Products

Textiles - Synthetic

Transportation


Cash Equivalents


CBLO 254.89 0.61%



VST Tillers Tractors 709.32 1.71%

Apollo Tyres 1,060.51 2.56%

Ceat 951.76 2.30%

Sundram Fasteners 488.68 1.18%

Suprajit Engineering 463.69 1.12%

Yes Bank 591.75 1.43%

Vinati Organics 1,349.37 3.25%

Navin Fluorine International 426.04 1.03%


National Buildings Construction Corp 645.91 1.56%


Power Mech Projects 1,123.57 2.71%

Mirza International 1,577.13 3.80%

CCL Products (India) 1,445.26 3.49%

Kaveri Seed Company 424.49 1.02%

Motilal Oswal Financial Services 1,448.41 3.49%

Cholamandalam Investment & Fin Co. 1,405.82 3.39%

Dewan Housing Finance Corporation 1,173.46 2.83%

Indiabulls Housing Finance 976.35 2.36%

Sanghvi Movers 1,365.99 3.29%

Inox Wind 1,048.08 2.53%

BEML 668.73 1.61%

Ramkrishna Forgings 1,059.63 2.56%

Finolex Industries 701.80 1.69%

Jagran Prakashan 784.13 1.89%

Hindustan Media Ventures 719.65 1.74%

UPL 1,498.62 3.61%

PI Industries 954.31 2.30%

Hindustan Petroleum Corporation 1,083.51 2.61%

Gulf Oil Lubricants India 931.57 2.25%

Aurobindo Pharma 1,342.65 3.24%

Wockhardt 958.02 2.31%

Torrent Pharmaceuticals 755.16 1.82%

Kalpataru Power Transmission 620.13 1.50%

Sonata Software 943.45 2.28%


Arvind 666.00 1.61%


Sarla Performance Fibers 724.19 1.75%

Adani Ports & Special Economic Zone 711.00 1.72%

Gateway Distriparks 624.55 1.51%

IssuerMarket Value

( in Lacs)`

% to NetAssets





`

HSBC Midcap Equity Fund - Dividend

24-Mar-08 0.75 0.75 13.3797

11-Dec-09 1.00 1.00 13.8927

19-Nov-10 2.00 2.00 15.4864

An Open Ended Diversified Equity Scheme

Investment Objective: Seeks to generate long term capital growth from an actively managed portfolio of equity and equityrelated securities primarily being midcap stocks. However, it could move a portion of its assets towards fixed income securitiesif the fund manager becomes negative on the Indian equity markets.

Date of Allotment

Benchmark


Fund Manager

SIP

Minimum

Application Amount

Exit Load

Standard Deviation

R-Squared

Beta (Slope)

Sharpe Ratio**

per unit

Monthly Average AUM

(In Lakhs)

@

Statistical Ratios

19-May-05

S&P BSE Midcap

38.5186

42,210.28

Dhiraj Sachdev

Available

10,000

1,000 p.m.(SIP)

Nil

6.33%

0.8404

1.0996

0.2451

`

`

`


Riskometer

Mod

erately Moderate

Low

Hig

h

Low

High

LOW HIGH

Moderately

This product is suitable forinvestors who are seeking*:• To create wealth over long

term• Invests in predominantly mid

cap equity and equity relatedsecurities

HSBC Midcap Equity Fund (HMEF)


Auto 1.71%AutoAncillaries 7.16%Banks 1.43%Chemicals 4.28%Construction 4.60%Construction Project 2.71%Consumer Durables 3.80%Consumer Non Durables 4.51%Finance 12.07%Industrial Capital Goods 7.43%Industrial Products 4.25%Media & Entertainment 3.63%Pesticides 5.91%Petroleum Products 4.86%Pharmaceuticals 7.37%Power 1.50%Software 2.28%Textile Products 6.67%Textiles - Synthetic 1.75%Transportation 3.23%Other Equity Investments 7.09%Reverse Repos/CBLOs 1.80%Net CurrentAssets -0.04%Total NetAssets 100.00%

HSBC Infrastructure Equity Fund (HIEF)


�

�

�



Low riskLOW RISK

(BLUE)



08

FUND DETAILS

Date of Allotment

Benchmark


Fund Manager

SIP

Minimum

Application Amount

Exit Load

Standard Deviation

R-Squared

Beta (Slope)

Sharpe Ratio**

per unit

Monthly Average AUM

(In Lakhs)

@

Statistical Ratios

23-Feb-06

S&P BSE 200

17.2281

12,791.11

Dhiraj Sachdev

Available

10,000

1,000 p.m.(SIP)

Nil

7.65%

0.7118

1.5900

0.1130

`

`

`


Portfolio Turnover

Regular 2.64%

Direct Plan 1.94%

0.16


Asset Allocation

AutoAncillaries 4.09%Banks 4.50%Cement 4.63%Construction 16.68%Construction Project 2.61%Ferrous Metals 1.99%Finance 4.91%Gas 2.12%Industrial Capital Goods 9.80%Industrial Products 7.92%Minerals/Mining 1.60%Oil 1.41%Petroleum Products 8.85%Power 8.19%Transportation 17.69%Other Equity Investments 2.44%Reverse Repos/CBLOs 1.58%Net CurrentAssets -1.01%Total NetAssets 100.00%





FUND PORTFOLIO

Auto Ancillaries

Banks

Cement

Construction


Ferrous Metals

Finance

Gas


Industrial Products

Minerals/Mining

Oil

Petroleum Products

Power

Transportation

Other Equity Investments 297.38 2.44%

Cash Equivalents


CBLO 65.71 0.54%




Jammu & Kashmir Bank 336.29 2.76%

Karnataka Bank 212.36 1.74%

Everest Industries 565.23 4.63%

National Buildings Construction Corp 795.11 6.52%



KNR Constructions 232.97 1.91%


Larsen & Toubro 141.08 1.16%

Jindal Saw 243.19 1.99%

Rural Electrification Corporation 599.04 4.91%

Gujarat State Petronet 258.90 2.12%

BEML 650.77 5.34%

Inox Wind 297.75 2.44%

Sanghvi Movers 246.30 2.02%

FAG Bearings India 965.50 7.92%

Gujarat Mineral Development Corporation 194.56 1.60%

Aban Offshore 171.78 1.41%

Hindustan Petroleum Corporation 810.71 6.65%

Indian Oil Corporation 268.63 2.20%

Power Grid Corporation Of India 354.06 2.90%

Reliance Infrastructure 251.75 2.06%

PTC India 207.77 1.70%

JSW Energy 186.60 1.53%



Gujarat Pipavav Port 636.35 5.22%

IssuerMarket Value

( in Lacs)`

% to NetAssets





`

HSBC Infrastructure Equity Fund Dividend

11-May-07 1.00 1.00 12.2390

26-May-08 1.00 1.00 13.7160

An Open Ended Flexi-Theme Equity Scheme

Investment Objective: Seeks to generate long term capital growth from an actively managed portfolio of equity and equityrelated securities by investing primarily in sectors, areas and themes that play an important role in, and/or benefit from India'sprogress, reform process and economic development.

Investors understand that their principalwill be at High risk

Riskometer

Mod

erately Moderate

Low

Hig

h

Low

High

LOW HIGH

Moderately



• Invests in equity and equityrelated securities, primarily inthemes that play an importantrole in India's economicdevelopment

HSBC Infrastructure Equity Fund (HIEF)


HSBC Tax Saver Equity Fund (HTSF)

09

FUND DETAILS

Date of Allotment

Benchmark


Fund Manager

SIP

Minimum

Application Amount

Exit Load

Standard Deviation

R-Squared

Beta (Slope)

Sharpe Ratio**

per unit

Monthly Average AUM

(In Lakhs)

@

Statistical Ratios

05-Jan-07

S&P BSE 200

26.6802

18,213.92

Aditya Khemani

Available

500

(Lumpsum & SIP)

Nil

4.61%

0.9044

1.0815

0.2252

`

`


Portfolio Turnover

Regular 2.58%

Direct Plan 1.88%

0.53


Asset Allocation

Auto 5.92%AutoAncillaries 3.96%Banks 25.17%Cement 4.13%Construction Project 2.88%Consumer Non Durables 5.40%Finance 4.54%Industrial Capital Goods 2.26%Industrial Products 1.93%Minerals/Mining 1.34%Non - Ferrous Metals 2.07%Oil 1.63%Pesticides 1.16%Petroleum Products 1.41%Pharmaceuticals 6.41%Services 2.25%Software 11.68%Textile Products 9.14%Transportation 4.05%Other Equity Investments 0.94%Reverse Repos/CBLOs 2.13%Net CurrentAssets -0.40%

Total NetAssets 100.00%





FUND PORTFOLIO

Auto

Auto Ancillaries

Banks

Cement



Finance


Industrial Products

Minerals/Mining

Non - Ferrous Metals

Oil

Pesticides

Petroleum Products

Pharmaceuticals

Services

Software

Textile Products

Transportation


Cash Equivalents


CBLO 129.65 0.73%



Tata Motors 539.92 3.02%


MRF 416.59 2.33%


HDFC Bank 1,275.54 7.14%

ICICI Bank 826.85 4.63%

Axis Bank 777.28 4.35%

Indusind Bank 638.33 3.57%

Federal Bank 353.78 1.98%


State Bank of India 296.31 1.66%

The Ramco Cements 395.88 2.22%



I T C 555.85 3.11%


LIC Housing Finance 433.87 2.43%

HDFC 377.06 2.11%

Crompton Greaves 403.68 2.26%


Coal India 239.93 1.34%

Hindustan Zinc 369.78 2.07%

Oil & Natural Gas Corporation 291.40 1.63%

UPL 206.87 1.16%

Reliance Industries 251.14 1.41%


Sun Pharmaceutical Industries 364.72 2.04%

Dr. Reddy's Laboratories 282.47 1.58%

Aditya Birla Nuvo 402.51 2.25%

Infosys 996.93 5.58%

Tata Consultancy Services 741.07 4.15%

HCL Technologies 348.68 1.95%

Welspun India 545.71 3.06%

SRF 407.27 2.28%

Arvind 380.18 2.13%




IssuerMarket Value

( in Lacs)`

% to NetAssets





`

HSBC Tax Saver Equity Fund Dividend

HSBC Tax Saver Equity Fund Dividend Direct

19-Feb-10 1.00000 1.00000 12.8713

17-Oct-14 1.50000 1.50000 22.1053

17-Mar-15 2.50000 2.50000 23.9029

17-Oct-14 1.50000 1.50000 22.4083

17-Mar-15 2.50000 2.50000 24.3256

An Open Ended Equity Linked Savings Scheme (ELSS)

Investment Objective: Aims to provide long term capital appreciation by investing in a diversified portfolio of equity & equityrelated instruments of companies across various sectors and industries, with no capitalisation bias. The Fund may also investin fixed income securities.


Riskometer

Mod

erately Moderate

Low

Hig

h

Low

High

LOW HIGH

Moderately


term• Invests in equity and equity

related securities with nomarket capitilastion bias

HSBC Tax Saver Equity Fund (HTSF)


HSBC Dynamic Fund (HDF)

10

FUND DETAILS

Date of Allotment

Benchmark


Fund Managers

SIP

Minimum

Application Amount

Exit Load

Standard Deviation

R-Squared

Beta (Slope)

Sharpe Ratio**

per unit

Monthly Average AUM

(In Lakhs)

@

Statistical Ratios

24-Sep-07

S&P BSE 200

13.5044

5,845.89

Neelotpal Sahai

(for Equity portion)

Sanjay Shah

(for Fixed Income portion)

Available

10,000

1,000 p.m.(SIP)

Nil

`

`

`

3.13%

0.9357

0.7474

0.0878


Portfolio Turnover

Regular 2.69%

Direct Plan 1.99%


0.80

Asset Allocation

Auto 8.22%Banks 17.11%Cement 1.50%Construction Project 4.77%Consumer Non Durables 8.68%Finance 5.23%Minerals/Mining 1.77%Pesticides 2.07%Petroleum Products 4.60%Pharmaceuticals 7.07%Power 2.23%Software 10.37%Telecom - Services 1.94%Transportation 1.62%Other Equity Investments 0.99%Reverse Repos/CBLOs 22.62%Net CurrentAssets -0.79%Total NetAssets 100.00%




FUND PORTFOLIO

IssuerMarket Value

( in Lacs)`

% to NetAssets

An Open Ended Scheme

Investment Objective: To provide long term capital appreciation by allocating funds in equity and equity related instruments. It

also has the flexibility to move, entirely if required, into debt instruments in times that the view on equity markets seems negative.

Auto

Banks

Cement



Finance

Minerals/Mining

Pesticides

Petroleum Products

Pharmaceuticals

Power

Software

Telecom - Services

Transportation


Cash Equivalents


CBLO 445.75 7.73%





Hero Motocorp 85.19 1.48%

HDFC Bank 395.86 6.86%

ICICI Bank 249.30 4.32%

Axis Bank 190.16 3.30%

Yes Bank 151.73 2.63%



I T C 281.11 4.87%


Asian Paints 99.68 1.73%

HDFC 301.64 5.23%

Coal India 102.37 1.77%

UPL 119.52 2.07%


Glenmark Pharmaceuticals 158.64 2.75%


Cipla 93.21 1.62%

Power Grid Corporation Of India 128.75 2.23%

Infosys 336.09 5.83%



Bharti Airtel 111.70 1.94%



Riskometer

Mod

erately Moderate

Low

Hig

h

Low

High

LOW HIGH

Moderately



• Invests in equity and equityrelated securities and in debtinstruments when view onequity markets is negative

HSBC Dynamic Fund (HDF)


HSBC Dividend Yield Equity Fund (HDYEF)


�

�

�



Low riskLOW RISK

(BLUE)



11

FUND DETAILS

Date of Allotment

Benchmark


Fund Managers

SIP

Minimum

Application Amount

Exit Load

Standard Deviation

R-Squared

Beta (Slope)

Sharpe Ratio**

per unit

Monthly Average AUM

(In Lakhs)

@

Statistical Ratios

21-Mar-07

S&P BSE 200

15.7917

4,320.37

Gautam Bhupal &

Amaresh Mishra

Available

10,000

1,000 p.m.(SIP)

Nil

4.20%

0.9548

1.0151

0.1221

`

`

`


Portfolio Turnover

Regular 2.34%

Direct Plan 1.64%

0.29


Asset Allocation

Auto 6.88%

AutoAncillaries 2.89%

Banks 21.19%

Cement 1.65%

Chemicals 1.45%

Construction 2.31%

Construction Project 3.44%

Consumer Non Durables 8.03%

Finance 2.72%

Minerals/Mining 4.99%

Non - Ferrous Metals 2.60%

Oil 2.71%

Petroleum Products 4.00%

Pharmaceuticals 4.36%

Power 2.98%

Software 19.87%

Textile Products 2.95%

Other Equity Investments 1.78%

Reverse Repos/CBLOs 3.53%

Net CurrentAssets -0.33%





FUND PORTFOLIO

IssuerMarket Value

( in Lacs)`

% to NetAssets

An Open Ended Equity Scheme

Investment Objective: To provide long-term capital growth from a diversified portfolio of equity and equity related

instruments. The focus would be to invest in stocks of companies facing "out-of-ordinary" conditions.

Auto

Auto Ancillaries

Banks

Cement

Chemicals

Construction



Finance

Minerals/Mining

Non - Ferrous Metals

Oil

Petroleum Products

Pharmaceuticals

Power

Software

Textile Products


Cash Equivalents


CBLO 50.99 1.20%



Hero Motocorp 130.36 3.08%



MRF 122.43 2.89%

ICICI Bank 327.14 7.73%

Axis Bank 166.39 3.93%

HDFC Bank 153.94 3.64%

Karur Vysya Bank 139.56 3.30%


IDFC Bank 49.39 1.17%

ACC 69.67 1.65%

Tata Chemicals 61.27 1.45%



I T C 258.06 6.10%


Indiabulls Housing Finance 115.29 2.72%

Coal India 211.13 4.99%


Oil & Natural Gas Corporation 114.83 2.71%

Bharat Petroleum Corporation 121.95 2.88%


Lupin 104.66 2.47%


NTPC 126.16 2.98%

Infosys 311.23 7.35%


Wipro 125.45 2.96%

Eclerx Services 109.65 2.59%




Riskometer

Mod

erately Moderate

Low

Hig

h

Low

High

LOW HIGH

Moderately


term• Invests in equity and equity

r e l a t e d s e c u r i t i e s o fcompanies facing "out-of-ordinary" conditions

HSBC Dividend Yield Equity Fund (HDYEF)


HSBC Emerging Markets Fund (HEMF)


�

�

�



Low riskLOW RISK

(BLUE)



12

FUND DETAILS


Regular 2.69%

Direct Plan 1.99%

(inclusive of underlying scheme's expenses)


Asset Allocation

Overseas Mutual Fund 98.43%








FUND PORTFOLIO

Overseas Mutual Fund

HSBC GIF Glob Emerg Mkts Eq S1 Dis 893.17 98.43%

Cash Equivalents


CBLO 6.07 0.67%


Total Net Assets as on 31-Oct-2015 907.38 100.00%

IssuerMarket Value

( in Lacs)`

% to NetAssets

An Open Ended Scheme

Investment Objective: To provide long term capital appreciation by investing in India and in the emerging markets, in equityand equity related instruments, share classes and units/securities issued by overseas mutual funds or unit trusts. The fund mayalso invest a limited proportion in domestic debt and money market instruments.

Date of Allotment

Benchmark


Fund Manager

SIP

Minimum

Application Amount

Exit Load

Standard Deviation

R-Squared

Beta (Slope)

Sharpe Ratio**

per unit

Monthly Average AUM

(In Lakhs)

@

Statistical Ratios

17-Mar-08

MSCI EmergingMarkets Index

10.2846

904.34

Anitha Rangan(Dedicated fund

manager foroverseas

investments)

Available

10,000

1,000 p.m.(SIP)

Nil

0.14%

0.6350

1.1220

-0.0930

`

`

` Dividend DeclarationRecord Date / periodof dividend declared




`

HSBC - Emerging Market Fund - Dividend

HSBC - Emerging Market Fund - Dividend - Direct Plan

27-Jun-14 0.50000 0.50000 11.5335

27-Jun-14 0.50000 0.50000 11.6656


Riskometer

Mod

erately Moderate

Low

Hig

h

Low

High

LOW HIGH

Moderately



• Investment in equity andequity related securities ofEmerging economies

HSBC Emerging Markets Fund (HEMF)


HSBC Asia Pacific (Ex Japan)Dividend Yield Fund (HAPDF)


�

�

�



Low riskLOW RISK

(BLUE)



13

FUND DETAILS


Regular 2.29%

Direct Plan 1.59%



Asset Allocation






FUND PORTFOLIO


HSBC GIF ASIA PACIFIC EX JAPAN EQ HD-S9D 2,003.41 97.98%

Cash Equivalents


CBLO 18.06 0.88%



IssuerMarket Value

( in Lacs)`

% to NetAssets

An Open Ended Fund of Funds Scheme

Investment Objective: The primary investment objective of the Scheme is to provide long term capital appreciation byinvesting predominantly in units of HSBC Global Investment Funds (HGIF) Asia Pacific Ex Japan Equity High Dividend Fund(HEHDF). The Scheme may also invest a certain proportion of its corpus in money market instruments and / or units of liquidmutual fund schemes, in order to meet liquidity requirements from time to time. However, there is no assurance that theinvestment objective of the Scheme will be achieved.

Date of Allotment

Benchmark


Fund Manager

SIP

Minimum

Application Amount

Exit Load

per unit

Monthly Average AUM

(In Lakhs)

@

24-Feb-14

MSCI AC Asia Pacific

ex Japan

9.8621

2,099.05

Anitha Rangan (foroverseas investments),

Sanjay Shah (forinvestments in Indian

Market)

Available

10,000

1,000 p.m.(SIP)

Nil

`

`

`


RiskometerRiskometer

Mod

erately

Mod

erately ModerateModerate

Low

Low

Hig

hH

igh

Low

Low

HighHigh

LOWLOW HIGHHIGH

Moderately

Moderately



• Investment in equity and equityrelated securities of Asia Pacificcountries (excluding Japan)through fund of funds route

HSBC Asia Pacific (Ex Japan)Dividend Yield Fund (HAPDF)


HSBC Brazil Fund (HBF)


�

�

�



Low riskLOW RISK

(BLUE)



14

FUND DETAILS


Regular 2.69%

Direct Plan 1.99%



Asset Allocation



Net CurrentAssets 0.24%





FUND PORTFOLIO


HSBC GIF BRAZIL EQUITY S3D 2,309.92 97.96%

Cash Equivalents


CBLO 14.51 0.62%



IssuerMarket Value

( in Lacs)`

% to NetAssets

An Open-Ended Fund of Funds Scheme

Investment Objective: The primary investment objective of the Scheme is to provide long term capital appreciation byinvesting predominantly in units/shares of HSBC Global Investment Funds (HGIF) Brazil Equity Fund. The Scheme may, at thediscretion of the Investment Manager, also invest in the units of other similar overseas mutual fund schemes, which mayconstitute a significant part of its corpus. The Scheme may also invest a certain proportion of its corpus in money marketinstruments and/or units of liquid mutual fund schemes, in order to meet liquidity requirements from time to time.

Date of Allotment

Benchmark


Fund Manager

SIP

Minimum

Application Amount

Exit Load

Standard Deviation

R-Squared

Beta (Slope)

Sharpe Ratio**

per unit

Monthly Average AUM

(In Lakhs)

@

Statistical Ratios

06-May-11

MSCI Brazil 10/40 Index

4.4710

2,445.86

Anitha Rangan(Dedicated fund

manager for overseasinvestments)

Available

10,000

1,000 p.m.(SIP)

Nil

0.27%

0.7500

0.8960

-0.2570

`

`

`


Riskometer

Mod

erately Moderate

Low

Hig

h

Low

High

LOW HIGH

Moderately



• Invests in equity and equityrelated securities throughfeeder route in Brazilianmarkets

HSBC Brazil Fund (HBF)


HSBC Managed Solutions India - Growth (HMSG)


�

�

�



Low riskLOW RISK

(BLUE)



15

FUND DETAILS


Regular 2.29%

Direct Plan 2.02%


Excludes service tax on Investment Management fees of 0.00%of Total Net Assets and of 0.20% on the underlying scheme's inwhich the fund of fund invests.

Asset Allocation

Mutual Fund 98.63%





FUND PORTFOLIO

Mutual Fund

HSBC Equity Fund - Growth Direct 7,287.57 54.03%

HSBC Midcap Equity Fund - Growth Direct 2,415.54 17.91%

HSBC Income Fund Inv Plan Growth Direct 1,383.04 10.25%

HSBC Flexi Debt Fund Growth Direct 1,114.50 8.26%

HSBC Income Fund Short Term - Growth Direct 1,102.91 8.18%

Cash Equivalents


CBLO 59.50 0.44%



IssuerMarket Value

( in Lacs)`

% to NetAssets


Investment Objective: The objective of the Plan is to provide long term total return primarily by seeking capital appreciationthrough an active asset allocation with diversification commensurate with the risk profile of investments by investingpredominantly in units of equity mutual funds as well as in a basket of debt mutual funds gold exchange traded funds (ETFs) andother ETFs, offshore mutual funds and money market instruments.

Date of Allotment

Benchmark


Fund Managers

SIP

Minimum

Application Amount

Exit Load

per unit

Monthly Average AUM

(In Lakhs)

@

30-Apr-14

Composite Index constituting80% of S&P BSE 200 Index

and 20% of CRISILBond Index

12.7394

13,548.94

Anitha Rangan (DedicatedFund Manager for investments

in foreign securities)

Gautam Bhupal (For managinginvestments in Indian Market –

Equity Portion)

Sanjay Shah (For managinginvestments in Indian Market –

Fixed Income Portion)

Available

5,000

1,000 p.m.(SIP)

Nil

Composite

`

`

`


Riskometer

M

oderately Moderate

Low

Hig

h

Low

High

LOW HIGH

Moderately


• To create wealth over long term

• Investing predominantly in unitsof equity mutual funds as well asin a basket of debt mutual funds,gold & exchange traded funds,offshore mutual funds andmoney market instruments.

HSBC Managed Solutions India - Growth


HSBC Managed Solutions India - Moderate (HMSM)


�

�

�



Low riskLOW RISK

(BLUE)



16

FUND DETAILS


Regular 2.09%

Direct Plan 1.84%



Asset Allocation

Mutual Fund 98.88%





FUND PORTFOLIO

Mutual Fund


Income Fund Short Term - Growth Direct 5,777.43 24.30%

Flexi Debt Fund Growth Direct 4,087.45 17.19%

Midcap Equity Fund - Growth Direct 2,915.58 12.26%

Income Fund Inv Plan Growth Direct 1,966.22 8.27%

HSBC

HSBC

HSBC

HSBC

Cash Equivalents


CBLO 133.15 0.56%



IssuerMarket Value

( in Lacs)`

% to NetAssets


Investment Objective: The objective of the fund is to provide long term total return aimed at capital appreciation and providingincome through an active asset allocation with diversification commensurate with the risk profile of investments by investing in abasket of debt mutual funds, equity mutual funds, gold ETFs and other ETFs, offshore mutual funds and money marketinstruments.

Date of Allotment

Benchmark


Fund Managers

SIP

Minimum

Application Amount

Exit Load

per unit

Monthly Average AUM

(In Lakhs)

@

30-Apr-14

CRISIL Balanced Fund Index

12.4355

24,106.99


in foreign securities)Gautam Bhupal (For managinginvestments in Indian Market –

Equity Portion)



Available

5,000

1,000 p.m.(SIP)

Nil

`

`

`


Riskometer

Mod

erately Moderate

Low

Hig

h

Low

High

LOW HIGH

Moderately


• To create wealth and provideincome over the long term

• Investments in a basket of debtmutual funds, equity mutualfunds, gold & exchange tradedfunds, offshore mutual fundsand money market instruments.

HSBC Managed Solutions India - Moderate


HSBC Managed Solutions India - Conservative (HMSC)


�

�

�



Low riskLOW RISK

(BLUE)



17

FUND DETAILS


Regular 1.65%

Direct Plan 1.40%



Asset Allocation

Mutual Fund 97.84%





FUND PORTFOLIO

Mutual Fund

HSBC Income Fund Short Term - Growth Direct 13,578.09 42.33%

HSBC Flexi Debt Fund Growth Direct 10,783.78 33.62%


HSBC Income Fund Inv Plan Growth Direct 1,953.82 6.09%

HSBC Midcap Equity Fund - Growth Direct 933.15 2.91%

HDFC Income Fund Direct Plan - Growth 780.14 2.43%

Cash Equivalents


CBLO 167.82 0.52%



IssuerMarket Value

( in Lacs)`

% to NetAssets


Investment Objective: The objective of the Plan is to provide long term total return aimed at providing income through an active

asset allocation with diversification commensurate with the risk profile of investments by predominantly investing in units of debt

mutual funds as well as in a basket of equity mutual funds, gold ETFs and other ETFs and money market instruments.

Date of Allotment

Benchmark


Fund Managers

SIP

Minimum

Application Amount

Exit Load

per unit

Monthly Average AUM

(In Lakhs)

@

30-Apr-14

Composite Index constitutingof 90% into CRISIL Composite

Bond Index and 10% of S&PBSE 200 Index

11.8303

31,973.19


in foreign securities)(For managing

investments in Indian Market –Equity Portion)



Available

5,000

1,000 p.m.(SIP)

Nil

`

Gautam Bhupal

`

`

This product is suitable forinvestors who are seeking*:• To create wealth over long term• Investing predominantly in

units of debt mutual funds aswell as in a basket of equitymutual funds, gold & otherexchange traded funds andmoney market instruments.

Investors understand that their principalwill be at Moderate risk

Riskometer

Mod

erately Moderate

Low

Hig

h

Low

High

LOW HIGH

Moderately

HSBC Managed Solutions India - Conservative


HSBC Global Consumer Opportunities Fund -(HGCOF)

Benefiting from China’sGrowing Consumption Power

18

FUND DETAILS


Regular 2.34%

Direct Plan 1.64%



Asset Allocation






FUND PORTFOLIO


HSBC GIF-CHINA CONSUMER OPP S5 CAP 1,498.68 98.25%

Cash Equivalents


CBLO 10.13 0.66%



IssuerMarket Value

( in Lacs)`

% to NetAssets

An Open-Ended Fund of Funds Scheme

Investment Objective: The primary investment objective of the scheme is to provide long term capital appreciation by investing

predominantly in units of HSBC Global Investment Funds (HGIF) China Consumer Opportunities Fund (Underlying scheme).

The Scheme may, also invest a certain proportion of its corpus in money market instruments and / or units of liquid mutual fund

schemes, in order to meet liquidity requirements from time to time.

Date of Allotment

Benchmark


Fund Managers

SIP

Minimum

Application Amount

Exit Load

per unit

Monthly Average AUM

(In Lakhs)

@

23-Feb-15

MSCI AC World Index

9.8553

1,505.23

Anitha Rangan (DedicatedFund Manager) & Sanjay Shah

(for investments in IndianMarket)

Available

1,000 p.m.(SIP)

Nil

`

`

`

5,000


Riskometer

M

oderately Moderate

Low

Hig

h

Low

High

LOW HIGH

Moderately

This product is suitable forinvestors who are seeking*:• To create wealth over long term• Investment in equity and equity

related securities around theworld focusing on growingconsumer behaviour of Chinathrough feeder route

HSBC Global Consumer Opportunities Fund - Benefiting fromChina’s Growing Consumption Power (HGCOF)



�

�

�



Low riskLOW RISK

(BLUE)



19

HSBC Equity Fund


HSBC Midcap Equity Fund

HSBC Infrastructure Equity Fund

HSBC Tax Saver Equity Fund

HSBC Dividend Yield Equity Fund

HSBC Dynamic Fund

HSBC Emerging Markets Fund

HSBC Brazil Fund

HSBC Asia Pacific (Ex Japan) Dividend Yield Fund

HSBC Managed Solutions

HSBC Global Consumer Opportunities Fund -Benefiting from China’s Growing Consumption Power

Neelotpal Sahai (from 27 May 2013)

Neelotpal Sahai (from 27 May 2013)

Dhiraj Sachdev (from 01 December 2009)

Dhiraj Sachdev (from 01 December 2009)

Aditya Khemani (from 24 February 2009)

Gautam Bhupal and Amaresh Mishra (from 02 July 2012)(from 21 Oct 2015)

For Equity portion: Neelotpal Sahai (from 27 May 2013) &For Debt portion: Sanjay Shah (from 14 August 2009)

Anitha Rangan (from 18 October 2014)

Anitha Rangan (from 18 October 2014)

For overseas investments: Anitha Rangan (from 18 October 2014) &For investment in Indian markets: Sanjay Shah (from 24 February 2014)

For overseas investment : Anitha Rangan (from 18 October 2014),For Investments in Indian Market - Equity Portion :

& For Investments in Indian Market - Debt Portion :Sanjay Shah (April 2014)

Gautam Bhupal(from 21 Oct 2015)

For Overseas Market : Anitha Rangan (from 13 February 2015)For Investments in Indian Market - Debt Portion : Sanjay Shah(from 13 February 2015)

Name of Scheme Fund Manager

Fund Manager’s Experience

Dhiraj SachdevSenior Vice President and Fund Manager - EquitiesB.Com., ACA, Grad CWA, Diploma in Foreign Trade Management (DFTM)

Experience:

Over 18 years experience in Equity Research and Fund Management.

HSBC Asset Management (India) Private LtdSenior Vice President & Fund Manager, from October 2011 to present,Senior Fund Manager from 1 December 2009 to September 2011,Head of Equity-Portfolio Management Services from October 2005 to November 2009

ASK Raymond James Securities India Private LtdPortfolio Manager from October 2003 to September 2005

HDFC Bank LtdSenior Manager Equities from November 1999 to September 2003

DSQ Software LtdBusiness Analyst from June 1999 to November 1999

Probity Research & Services Ltd (India Infoline Ltd)Research Analyst from November 1998 to May 1999

Ford Brothers Capital Services (P) LtdManager Research from July 1996 to Sept 1998

�

�

�

�

�

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Gautam Bhupal

Vice President - Investment Management

Post Graduate Diploma in Business Management, CA, CS, B.Com (Hons)

Over 11 years of experience in areas of research and Fund Management.

HSBC Asset Management (India) Private LimitedVice President - June 8, 2015 till date.

Fund Manager for PMS Portfolios from July 2008 till June 5, 2015.

UTI Asset Management CompanyEquity Research Analyst from May 2004 till June 2008.

Experience:

�

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Investment Management since



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�

�



Low riskLOW RISK

(BLUE)



20

Neelotpal Sahai

Senior Fund Manager - Equities

B.Tech, PGDM (IIM Kolkata)

Over 21 years of experience in Research and Fund Management.

HSBC Asset Management (India) Private LtdSenior Fund Manager – Equities from April 2013 onwards.

IDFC Asset Management Company Ltd.Director from February 2006 to April 2013

Motilal Oswal Securities LtdSenior Research Analyst from March 2005 to January 2006

Infosys LtdSenior Project Manager from June 1999 to March 2005

Vickers Ballas Securities LtdAnalyst from September 1998 to June 1999

SBC WarburgAnalyst from May 1997 to May 1998

UTI Securities LtdEquity Analyst from June 1995 to May 1997

Experience:

�

�

�

�

�

�

�

Aditya Khemani

Vice President & Fund Manager - Equities

B.Com. (Hons.), Post Graduate Diploma in Business Management

Over 9 years experience in research.

HSBC Asset Management (India) Private Ltd

Vice President & Fund Manager (Equity), from April 2012 to present,Assistant Fund Manager, Equities from February 2009 to March 2012;Associate Vice President - Investment Management from October 2007 to February 2009.

SBI Funds Management India Private Ltd

Senior Manager - Equity Research from March 2007 to September 2007

Prudential ICICI Asset Management Company India Private Ltd

Assistant Manager - Equity Research from December 2005 to February 2007

Morgan Stanley Advantage Services India Private Ltd

Research Associate from May 2005 to November 2005

Experience:

�

�

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Amaresh Mishra

Vice President & Assistant Fund Manager

Post Graduate Diploma in Business Manager Management

Bachelor of Engineering (Chemical)

Over 9 years of experience in Equities & Sales


Vice President & Assistant Fund Manager, from April 2012 to present,Associate Vice President, Investment Management from April 2008 to March 2012,Associate Vice President, Equities from October 2007 to March 2008;Associate Vice President, Sales and Distribution from March 2005 to September 2007

Centre for Science and Environment

Trainee Researcher from July 2001 to July 2002

Experience:

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Anitha Rangan

Associate Vice President - Investment Management

PGDBM (SPJIMR, Mumbai); CA; M.Com

Over 8 years of experience in areas of research and risk


Associate Vice President - Investment Management, from February 2013 onwards

CRISIL Limited

Senior Manager - Customised Industry Research, from December 2010 to May 2012

Nomura Structured Financial Services

Vice President - Credit Research , from December 2008 to November 2010

Lehman Brothers Structured Financial Services Analyst

Credit Research, from June 2006 to November 2008

Ambattur Clothing Limited

Executive - October 2002 to March 2004

Experience:

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Funds Managed by Neelotpal Sahai.

HSBC Equity Fund Date of Inception : 10 Dec 02

Scheme Name & Benchmarks Oct 14 -Sept 15

Oct 13 -Sept 14

Oct 12 -Sept 13

SinceInception

HSBC Equity Fund - Growth

S&P BSE 200 (Scheme Benchmark)

CNX Nifty (Standard Benchmark)

10,000, if invested in HEF, would have become

10,000, if invested in S&P BSE 200, would have become

10,000, if invested in CNX Nifty, would have become

`

`

`

3.91% 39.29% -3.13% 23.16%

3.35% 41.56% -1.54% 18.40%

0.04% 37.80% 0.29% 17.00%

10,391 13,929 9,687 1,45,124

10,335 14,156 9,846 87,474

10,004 13,780 10,029 75,051

` ` ` `

` ` ` `

` ` ` `


HSBC Dynamic Fund

Date of Inception : 24 Feb 04

Date of Inception : 24 Sep 07

Scheme Name & Benchmarks


Oct 14 -Sept 15

Oct 14 -Sept 15

Oct 13 -Sept 14

Oct 13 -Sept 14

Oct 12 -Sept 13

Oct 12 -Sept 13

SinceInception

SinceInception

HSBC India Opportunities Fund - Growth



10,000, if invested in HIOF, would have become



`

`

`

HSBC Dynamic Fund - Growth



10,000, if invested in HDF, would have become



`

`

`

6.18% 66.02% -5.84% 16.98%

3.47% 44.01% -3.06% 14.17%

0.04% 37.80% 0.29% 13.54%

10,618 16,602 9,416 61,727

10,347 14,401 9,694 46,580

10,004 13,780 10,029 43,658

` ` ` `

` ` ` `

` ` ` `

2.97% 32.09% -5.21% 3.64%

3.35% 41.56% -1.54% 6.19%

0.04% 37.80% 0.29% 6.13%

10,297 13,209 9,479 13,321

10,335 14,156 9,846 16,190

10,004 13,780 10,029 16,119

` ` ` `

` ` ` `

` ` ` `

Past performance may or may not be sustained in the future. Refer note below.


Fund Managed by Neelotpal Sahai (for Equity portion)Sanjay Shah (for Fixed Income portion)


Data for the period October to September has been considered in all cases, except for ‘Since Inception’ returns. ‘Since Inception’ (%) returns are compounded annualised,other % returns are simple annualised. ‘Since inception’ returns are calculated on 10 invested at inception. Standard benchmark is prescribed by SEBI and is used for

comparison purposes. Returns on 10,000 are point-to-point returns for the specific time period, invested at the start of the period. The returns provided above have beenrounded off and hence there may be minor differences between point-to-point returns vis-a-vis returns indicated above.

`

`


Funds Managed by - Anitha Rangan.

HSBC Emerging Markets Fund Date of Inception : 17 Mar 08


Oct 13 -Sept 14

Oct 12 -Sept 13

SinceInception

HSBC Emerging Markets Fund - Growth

MSCI Emerging Market Index (Scheme Benchmark)


10,000, if invested in HMEF, would have become

10,000, if invested in MSCI Emerging Market Index, would have become


`

`

`

-16.55% -1.38% 18.01% -0.58%

-8.70% 5.68% 4.57% 0.17%

0.04% 37.80% 0.29% 7.83%

8,345 9,862 11,801 9,572

9,130 10,568 10,457 10,125

10,004 13,780 10,029 17,656

` ` ` `

` ` ` `

` ` ` `


21

HSBC Brazil Fund

HSBC Asia Pacific (Ex Japan) DividendYield Fund

Date Of Inception : 06 May 11




Oct 14 -Sept 15

Oct 14 - Sept 15

Oct 13 -Sept 14

Oct 12 -Sept 13

SinceInception

Since Inception

HSBC Brazil Fund - Growth

MSCI Brazil 10/40 Index (Scheme Benchmark)


10,000, if invested in HBF, would have become

10,000, if invested in MSCI Brazil 10/40 Index, would have become


`

`

`

HSBC Asia Pacific (Ex Japan) Dividend Yield Fund - Growth

MSCI AC Asia Pacific ex Japan (Scheme Benchmark)


10,000, if invested in HAPDF, would have become

10,000, if invested in MSCI AC Asia Pacific ex Japan, would have become


`

`

`

-47.70% -13.31% 5.10% -17.34%

-47.52% -8.87% -9.86% -22.47%

0.04% 37.80% 0.29% 8.49%

5,230 8,669 10,510 2,71,433

5,248 9,113 9,014 8,23,948

10,004 13,780 10,029 2,435

` ` ` `

` ` ` `

` ` ` `

-11.25% -4.69%

-16.85% -9.18%

0.04% 17.00%

8,875 9,260

8,315 8,573

10,004 12,855

` `

` `

` `

Past performance may or may not be sustained in the future. Refer note below


Data for the period October to September has been considered in all cases, except for ‘Since Inception’ returns. ‘Since Inception’ (%) returns are compoundedannualised, other % returns are simple annualised. ‘Since inception’ returns are calculated on 10 invested at inception. Standard benchmark is prescribed bySEBI and is used for comparison purposes. Returns on 10,000 are point-to-point returns for the specific time period, invested at the start of the period. Thereturns provided above have been rounded off and hence there may be minor differences between point-to-point returns vis-a-vis returns indicated above.

`

`


Fund Managed by Gautam Bhupal and Amaresh Mishra.

HSBC Dividend Yield Equity Fund Date of Inception : 21 Mar 07


Oct 13 -Sept 14

Oct 12 -Sept 13

SinceInception

HSBC Dividend Yield Equity Fund - Growth



10,000, if invested in HUOF, would have become



`

`

`

2.39% 50.15% -8.23% 5.51%

3.35% 41.56% -1.54% 9.55%

0.04% 37.80% 0.29% 9.15%

10,239 15,015 9,177 15,807

10,335 14,156 9,846 21,780

10,004 13,780 10,029 21,120

` ` ` `

` ` ` `

` ` ` `


22

HSBC Tax Saver Equity Fund Date of Inception : 05 Jan 07


Oct 13 -Sept 14

Oct 12 -Sept 13

SinceInception

HSBC Tax Saver Equity Fund - Growth



10,000, if invested in HTSF, would have become



`

`

`

8.19% 61.89% -3.84% 11.82%

3.35% 41.56% -1.54% 8.35%

0.04% 37.80% 0.29% 8.23%

10,819 16,189 9,616 26,552

10,335 14,156 9,846 20,156

10,004 13,780 10,029 19,959

` ` ` `

` ` ` `

` ` ` `

Fund Managed by - Aditya Khemani.


* On account of change in the index composition of the benchmark of HMEF (S&P BSE Midcap), vide BSE Notification dtd 10 April, 2015,the returns for this benchmark are different when compared to the historically published returns. Further, as the index data for S&P BSEMidcap is available only from Sept 16, 2005, the 'Since inception' returns for both this index and the scheme have been calculated from thisdate onwards.


Funds Managed by - Dhiraj Sachdev.

HSBC Infrastructure Equity Fund Date of Inception : 23 Feb 06


Oct 13 -Sept 14

Oct 12 -Sept 13

SinceInception

HSBC Infrastructure Equity Fund - Growth



10,000, if invested in HPTF, would have become



`

`

`

11.71% 97.34% -30.25% 6.14%

3.35% 41.56% -1.54% 10.55%

0.04% 37.80% 0.29% 10.44%

11,171 19,734 6,975 17,726

10,335 14,156 9,846 26,206

10,004 13,780 10,029 25,966

` ` ` `

` ` ` `

` ` ` `

HSBC Midcap Equity Fund* Date of Inception : 19 May 05


Oct 13 -Sept 14

Oct 12 -Sept 13

SinceInception

HSBC Midcap Equity Fund - Growth

S&P BSE Midcap (Scheme Benchmark)


10,000, if invested in HMEF, would have become

10,000, if invested in S&P BSE Midcap, would have become


`

`

`

17.64% 124.15% -25.23% 10.55%

13.54% 69.05% -15.90% 9.57%

0.04% 37.80% 0.29% 11.98%

11,764 22,415 7,477 28,337

11,354 16,905 8,410 25,843

10,004 13,780 10,029 32,364

` ` ` `

` ` ` `

` ` ` `



23

Data for the period October to September has been considered in all cases, except for ‘Since Inception’ returns. ‘Since Inception’ (%)returns are compounded annualised, other % returns are simple annualised. ‘Since inception’ returns are calculated on 10 invested atinception. Standard benchmark is prescribed by SEBI and is used for comparison purposes. Returns on 10,000 are point-to-point returnsfor the specific time period, invested at the start of the period. The returns provided above have been rounded off and hence there may beminor differences between point-to-point returns vis-a-vis returns indicated above.

`

`

HSBC Managed Solutions - Growth

HSBC Managed Solutions - Moderate - Growth

HSBC Managed Solutions - Conservative - Growth

Date of Inception : 30 Apr 14






Oct 14 -Sept 15

Oct 14 -Sept 15

Oct 14 -Sept 15

SinceInception

SinceInception

SinceInception

HSBC Managed Solutions - Growth - Growth

Customised Benchmark Index Fund (Scheme Benchmark)*


Crisil 10 Year Gilt Index (Standard Benchmark)

10,000, if invested in HMSG, would have become

10,000, if invested in Customised Benchmark Index, would have become


10,000, if invested in Crisil 10 Year Gilt Index, would have become

`

`

`

`

HSBC Managed Solutions - Moderate - Growth

Crisil Balanced Fund Index (Scheme Benchmark)



10,000, if invested in HMSM, would have become

10,000, if invested in Crisil Balanced Fund Index, would have become



`

`

`

`

HSBC Managed Solutions - Conservative - Growth




10,000, if invested in HMSC, would have become




`

`

`

`

8.98% 18.52%

5.17% 15.99%

0.04% 12.84%

13.49% 12.78%

10,898 12,733

10,517 12,348

10,004 11,874

11,349 11,866

` `

` `

` `

` `

10.05% 16.47%

4.51% 13.05%

0.04% 12.84%

13.49% 12.78%

11,005 12,421

10,451 11,905

10,004 11,874

11,349 11,866

` `

` `

` `

` `

10.66% 12.32%

11.54% 13.04%

0.04% 12.84%

13.49% 12.78%

11,066 11,797

11,154 11,904

10,004 11,874

11,349 11,866

` `

` `

` `

` `

Fund Managed by Gautam Bhupal (for Equity portion)Sanjay Shah (for Fixed Income portion), Anitha Rangan (For overseas investment)




*Composite index of S&P BSE 200 (80%) and Crisil Composite Bond Fund Index (20%).

*Composite index of Crisil Composite Bond Fund Index (90%) and S&P BSE 200 (10%).


24

Data for the period October to September has been considered in all cases, except for ‘Since Inception’ returns. ‘Since Inception’ (%)returns are compounded annualised, other % returns are simple annualised. ‘Since inception’ returns are calculated on 10 invested atinception. Standard benchmark is prescribed by SEBI and is used for comparison purposes. Returns on 10,000 are point-to-point returnsfor the specific time period, invested at the start of the period. The returns provided above have been rounded off and hence there may beminor differences between point-to-point returns vis-a-vis returns indicated above.

`

`

25

HSBC Equity Fund


HSBC Dynamic Fund

Date of Inception : 10 Dec 02


Date of Inception : 24 Sep 07




1Year

1Year

1Year

3Years

3Years

3Years

5Years

5Years

5Years

SinceInception

SinceInception

SinceInception

Total amount invested ( )

Market Value as on Sept. 30, 2015 ( )

Scheme Returns (%)

Scheme Benchmark ( )

Scheme Benchmark Returns (%)

Standard Benchmark ( )

Standard Benchmark Returns (%)

`

`

`

`

S&P BSE 200 -

S&P BSE 200 -

CNX NIFTY -

CNX NIFTY -


Scheme Returns (%)





`

`

`

`


S&P BSE 500 -

S&P BSE 500 -

CNX NIFTY -

CNX NIFTY -


Scheme Returns (%)





`

`

`

`


S&P BSE 200 -

S&P BSE 200 -

CNX NIFTY -

CNX NIFTY -

120000 360000 600000 1530000

115457.10 432092.45 783963.98 4252021.25

-6.97 12.24 10.65 14.95

115248.64 437058.59 801868.26 3830052.97

-7.29 13.03 11.56 13.48

113490.72 420797.16 774864.46 3686493.49

-9.94 10.42 10.18 12.94

120000 360000 600000 1390000

115282.32 487774.15 919586.51 3322626.44

-7.24 20.79 17.12 14.20

115539.54 440509.35 804695.15 2840420.10

-6.85 13.58 11.70 11.73

113490.72 420797.16 774864.46 2785493.44

-9.94 10.42 10.18 11.42

120000 360000 600000 960000

116407.1 417774.87 741135.37 1291631.98

-5.53 9.93 8.39 7.27

115248.64 437058.59 801868.26 1481579.69

-7.29 13.03 11.56 10.60

113490.72 420797.16 774864.46 1431548.61

-9.94 10.42 10.18 9.77

The Fund offers flexible and convenient Systematic Investment Plan (SIP) facility. To illustrate the advantages of SIP investments, this is how your investments would havegrown if you had invested say 10,000 systematically on the first Business Day of every month over a period of time in the Growth Option of Respective Scheme.

The returns are calculated by XIRR approach assuming investment of 10000/- on the 1st working day of every month. XIRR helps in calculating return on investments givenan initial and final value and a series of cash inflows and outflows with correct allowance for the time impact of the transactions. Data as on September 30, 2015.

`

`


Returns shown for Regular Plan - Growth Option





26

HSBC Brazil Fund Date Of Inception : 06 May 11

Scheme Name & Benchmarks 1Year

3Years

5Years

SinceInception



Scheme Returns (%)





`

`

`

`

MSCI Brazil 10/40 Index -

MSCI Brazil 10/40 Index -

CNX NIFTY -

CNX NIFTY -

120000 360000 NA 520000

78782.78 191381.69 NA 265595.42

-56.72 -37.04 NA -29.31

78164.19 191053.51 NA 249128.78

-57.44 -37.13 NA -31.99

113490.72 420797.16 NA 666034.17

-9.94 10.42 NA 11.42

HSBC Asia Pacific (Ex Japan) Dividend Yield Fund Date of Inception : 24 Feb 14


3Years

5Years

SinceInception


Scheme Returns (%)





`

`

`

`


MSCI AC Asia Pacific ex Japan -

MSCI AC Asia Pacific ex Japan -

CNX NIFTY -

CNX NIFTY -

120000 NA NA 190000

105975.74 NA NA 168538.72

-21.06 NA NA -13.72

100151.38 NA NA 156545.88

-29.55 NA NA -21.55

113490.72 NA NA 191532.80

-9.94 NA NA 0.97

HSBC Emerging Markets Fund Date of Inception : 17 Mar 08


3Years

5Years

SinceInception


Scheme Returns (%)





`

`

`

`


MSCI Emerging Market Index -

MSCI Emerging Market Index -

CNX NIFTY -

CNX NIFTY -

120000 360000 600000 900000

101202.74 311035.41 544229.19 893183.49

-27.87 -9.30 -3.83 -0.20

107148.84 334566.12 570549.98 928509.48

-19.38 -4.72 -1.98 0.82

113490.72 420797.16 774864.46 1344829.33

-9.94 10.42 10.18 10.50



`

`






27

HSBC Tax Saver Equity Fund Date of Inception : 05 Jan 07


3Years

5Years

SinceInception



Scheme Returns (%)





`

`

`

`

S&P BSE 200 -

S&P BSE 200 -

CNX NIFTY -

CNX NIFTY -

120000 360000 600000 1040000

119415.49 489163.02 943177.57 2038411.15

-0.91 21.00 18.16 15.03

123079.94 437058.59 801868.26 1638683.89

4.81 13.03 11.56 10.21

113490.72 420797.16 774864.46 1585624.76

-9.94 10.42 10.18 9.48

HSBC Infrastructure Equity Fund Date of Inception : 23 Feb 06


3Years

5Years

SinceInception


Scheme Returns (%)





`

`

`

`


S&P BSE 200 -

S&P BSE 200 -

CNX NIFTY -

CNX NIFTY -

120000 360000 600000 1150000

116296.93 519654.87 902934.08 1710299.85

-5.70 25.40 16.37 8.05

115248.64 437058.59 801868.26 1896531.45

-7.29 13.03 11.56 10.10

113490.72 420797.16 774864.46 1839549.63

-9.94 10.42 10.18 9.50

HSBC Dividend Yield Equity Fund Date of Inception : 21 Mar 07


3Years

5Years

SinceInception


Scheme Returns (%)





`

`

`

`


S&P BSE 200 -

S&P BSE 200 -

CNX NIFTY -

CNX NIFTY -

120000 360000 600000 1020000

115419.63 442549.37 805457.63 1525377.93

-7.03 13.90 11.74 9.24

115248.64 437058.59 801868.26 1597675.72

-7.29 13.03 11.56 10.29

113490.72 420797.16 774864.46 1545554.84

-9.94 10.42 10.18 9.54



`

`






28

HSBC Managed Solutions - Growth Date of Inception : 30 Apr 14


3Years

5Years

SinceInception



Scheme Returns (%)





`

`

`

`

Customised Benchmark Index* -

Customised Benchmark Index -

CNX NIFTY -

CNX NIFTY -

120000 NA NA 170000

120139.48 NA NA 177169.09

0.22 NA NA 5.67

117556.07 NA NA

-3.70 NA NA

113490.72 NA NA 166929.32

-9.94 NA NA -2.42

173375.76

2.66

HSBC Managed Solutions - Moderate - Growth Date of Inception : 30 Apr 14


3Years

5Years

SinceInception


Scheme Returns (%)





`

`

`

`


Crisil Balanced Fund Index -

Crisil Balanced Fund Index -

CNX NIFTY -

CNX NIFTY -

120000 NA NA 170000

122098.60 NA NA 179263.18

3.28 NA NA 7.33

118316.04 NA NA

-2.59 NA NA

113490.72 NA NA 166929.32

-9.94 NA NA -2.42

173523.61

2.77

HSBC Midcap Equity Fund Date of Inception : 19 May 05


3Years

5Years

SinceInception


Scheme Returns (%)





`

`

`

`


S&P BSE Midcap -

S&P BSE Midcap -

CNX NIFTY -

CNX NIFTY -

120000 360000 600000 1240000

124314.94 606727.36 1100728.41 2575069.49

6.76 37.09 24.54 13.52

123079.94 508088.07 904494.32 2251891.39

4.81 23.75 16.44 11.10

113490.72 420797.16 774864.46 2128655.39

-9.94 10.42 10.18 10.07



`

`




*Composite index of S&P BSE200 (80%) and Crisil Composite Bond Fund Index (20%).



29

HSBC Managed Solutions - Conservative - Growth Date of Inception : 30 Apr 14


3Years

5Years

SinceInception


Scheme Returns (%)





`

`

`

`


Customised Benchmark Index* -

Customised Benchmark Index -

CNX NIFTY -

CNX NIFTY -

120000 NA NA 170000

124749.27 NA NA 181569.20

7.47 NA NA 9.16

125632.11 NA NA

8.86 NA NA

113490.72 NA NA 166929.32

-9.94 NA NA -2.42

183154.61

10.36



`

`



*Composite index of Crisil Composite Bond Fund Index (90%) and S&P BSE200 (10%).

HSBC MIP - Savings Plan (HMIP-S)An Open Ended Fund with Regular & Savings Plans. Monthly income is not assured and is subject to availability of distributable surplus.

Investment Objective: Seeks to generate reasonable returns through investments in Debt and Money Market Instruments. Thesecondary objective of the scheme is to invest in equity and equity related instruments to seek capital appreciation.

30

FUND DETAILS

Date of Allotment

Benchmark

NAV (Growth)

(as on 30.10.15)

Average Maturity ofPortfolio

Modified Duration

of Portfolio

Fund Managers

SIPMinimum ApplicationAmountGrowthQuarterly DividendMonthly DividendSIP

Exit Load

per unit

Monthly Average AUM(In Lakhs)

@


Regular 2.30%

Direct Plan 1.80%Excludes service tax on Investment Management fees of 0.22%of Total NetAssets.

Asset Allocation

Government Securities 45.65%

Equity 22.58%

Corporate/ PSU Debt 19.23%

Cash Equivalents 5.39%

Money Market Instruments 4.14%




FUND PORTFOLIO

Money Market Instruments

Corporate/ PSU Debt

EQUITY

Government Securities

Cash EquivalentsCBLO 433.84 1.84%Reverse Repos 836.37 3.55%Net Current Assets 710.08 3.01%Total Net Assets as on 31-Oct-2015 23,566.06 100.00%

Certificate of Deposit

Corporate Bonds / Debentures

Equities

Canara Bank 974.94 4.14% CRISIL A1+

Rural Electrification Corporation 1,061.21 4.50% CARE AAAPower Finance Corporation 1,006.33 4.27% CRISIL AAAIndia Infradebt 704.58 2.99% CRISIL AAAPower Grid Corporation of India 620.05 2.63% CRISIL AAAPower Finance Corporation 510.50 2.17% CRISIL AAALIC Housing Finance 508.12 2.16% CRISIL AAAPower Finance Corporation 120.57 0.51% CRISIL AAA

HDFC Bank 404.65 1.72%Tata Consultancy Services 254.51 1.08%Maruti Suzuki India 246.92 1.05%Infosys 227.09 0.96%ICICI Bank 213.98 0.91%Axis Bank 210.60 0.89%IndusInd Bank 186.94 0.79%LIC Housing Finance 182.32 0.77%Welspun India 178.07 0.76%Larsen & Toubro 176.34 0.75%ITC 175.69 0.75%Crompton Greaves 168.78 0.72%Gateway Distriparks 160.25 0.68%The Ramco Cements 159.62 0.68%Ultratech Cement 152.96 0.65%IPCA Laboratories 145.70 0.62%Sun Pharmaceuticals Ind 137.88 0.59%Power Mech Projects 133.05 0.56%SRF 132.23 0.56%Kaveri Seed Company 116.23 0.49%Housing Development Finance Corp 113.12 0.48%Aditya Birla Nuvo 112.21 0.48%Tech Mahindra 107.83 0.46%Apollo Tyres 107.76 0.46%Tata Motors 103.94 0.44%Adani Ports & Special Economic Zone 103.69 0.44%Coal India 102.37 0.43%The Federal Bank 101.99 0.43%Arvind 97.13 0.41%State Bank of India 85.34 0.36%Finolex Industries 81.47 0.35%MRF 79.50 0.34%Karur Vysya Bank 78.20 0.33%Hindustan Zinc 70.97 0.30%Oil & Natural Gas Corp 67.91 0.29%Dr. Reddy's Laboratories 59.92 0.25%The Jammu & Kashmir Bank 49.92 0.21%Hindustan Dorr-Oliver 31.28 0.13%Arvind Infrastructure Ltd 2.14 0.01%

8.40% GOVT OF INDIA RED 28-07-2024 2,324.02 9.86% SOVEREIGN7.95% GOVT OF INDIA RED 28-08-2032 2,077.51 8.82% SOVEREIGN7.88% GOVT OF INDIA RED 19-03-2030 1,924.95 8.17% SOVEREIGN8.24% GOVT OF INDIA RED 10-11-2033 1,809.04 7.68% SOVEREIGN8.60% GOVT OF INDIA RED 02-06-2028 1,352.98 5.74% SOVEREIGN8.17% GOVT OF INDIA RED 01-12-2044 507.42 2.15% SOVEREIGN7.68% GOVT OF INDIA RED 15-12-2023 420.25 1.78% SOVEREIGN7.72% GOVT OF INDIA RED 25-05-2025 342.81 1.45% SOVEREIGN

IssuerMarket Value

( in Lacs)`

% to NetAssets





`

HSBC MIP - Savings Plan - Monthly Dividend

HSBC MIP - Savings Plan - Monthly Dividend - Direct Plan

HSBC MIP - Savings Plan - Quarterly Dividend

HSBC MIP - Savings Plan - Quarterly Dividend - Direct Plan

25-Aug-15 0.06862 0.06357 13.4408

28-Sep-15 0.06862 0.06357 13.4288

25-Aug-15 0.06862 0.06357 14.3237

28-Sep-15 0.06862 0.06357 14.3238

25-Mar-15 0.20324 0.18848 13.9286

25-Jun-15 0.20946 0.19406 13.6268

25-Mar-15 0.21050 0.19521 14.5619

25-Jun-15 0.20946 0.19406 14.2677

26-Oct-15 0.06862 0.06357 13.5832

26-Oct-15 0.06862 0.06357 14.5003

28-Sep-15 0.19501 0.18067 13.5141

28-Sep-15 0.19501 0.18067 14.1812

Rating24-Feb-04

CRISIL MIP Blended Index

29.7438

7.85 years

4.58 years

23,335.31

Aditya Khemani(for Equity portion) Sanjay

Shah (for Debt portion)

Available

10,00010,00025,000

1,000 p.m.Nil

`

`

`

`

`

Rating Profile

Sovereign 45.65%

AAAand equivalents 23.37%

Equity 22.58%

Reverse Repos/ CBLOs 5.39%





Riskometer

Mod

erately Moderate

Low

Hig

h

Low

High

LOW HIGH

Moderately

HSBC MIP - Savings Plan (HMIP-S)


• Regular Income over mediumterm

• Investment in fixed income(debt and money marketinstruments) as well as equityand equity related securities

* Investors should consult their financial advisers if in doubtabout whether the product is suitable for them.

HSBC MIP - Regular Plan (HMIP-R)An Open Ended Fund with Regular & Savings Plans. Monthly income is not assured and is subject to availability of distributable surplus.

Investment Objective: Seeks to generate reasonable returns through investments in Debt and Money Market Instruments. Thesecondary objective of the scheme is to invest in equity and equity related instruments to seek capital appreciation.

31

FUND DETAILS

Date of Allotment

Benchmark

NAV (Growth)

(as on 30.10.15)


Modified Duration

of Portfolio

Fund Managers

SIP

Minimum ApplicationAmount

Growth

Quarterly Dividend

Monthly Dividend

SIP

Exit Load

per unit


@


Regular 2.29%

Direct Plan 1.79%


Asset Allocation



Equity 14.00%






FUND PORTFOLIO


Corporate/ PSU Debt

EQUITY


Cash Equivalents

CBLO 33.80 0.36%






Equities


Power Finance Corporation 510.50 5.45% CRISIL AAA

LIC Housing Finance 508.12 5.43% CRISIL AAA


Rural Electrification Corporation 454.80 4.86% CARE AAA

Power Grid Corporation of India 413.37 4.42% CRISIL AAA

India Infradebt 301.96 3.23% CRISIL AAA



HDFC Bank 69.27 0.74%

Axis Bank 64.18 0.69%

ICICI Bank 63.85 0.68%

LIC Housing Finance 57.58 0.62%


ITC 53.54 0.57%


Dr. Reddy's Laboratories 51.36 0.55%



Sun Pharmaceuticals Ind 42.70 0.46%

Arvind 41.63 0.44%

Aditya Birla Nuvo 36.41 0.39%


Crompton Greaves 34.80 0.37%

Tech Mahindra 33.43 0.36%


SRF 33.06 0.35%

The Federal Bank 32.55 0.35%




MRF 29.81 0.32%


State Bank of India 26.08 0.28%


The Jammu & Kashmir Bank 23.30 0.25%

Oil & Natural Gas Corp 20.99 0.22%


Hindustan Dorr-Oliver 9.38 0.10%

Arvind Infrastructure Ltd 0.92 0.01%

7.88% GOVT OF INDIA RED 19-03-2030 1,048.14 11.20% SOVEREIGN

7.95% GOVT OF INDIA RED 28-08-2032 996.40 10.65% SOVEREIGN







IssuerMarket Value

( in Lacs)`

% to NetAssets





`

HSBC MIP - Regular Plan - Monthly Dividend

HSBC MIP - Regular Plan - Monthly Dividend - Direct Plan

HSBC MIP - Regular Plan - Quarterly Dividend

25-Aug-15 0.05778 0.05353 11.7746

28-Sep-15 0.05778 0.05353 11.7826

25-Mar-15 0.18147 0.16829 12.4116

25-Jun-15 0.18057 0.16729 12.1560

26-Oct-15 0.05778 0.05353 11.8929

31-Jan-14 0.05065 0.04851 10.9791

28-Feb-14 0.05065 0.04851 11.0079

28-Sep-15 0.18057 0.16729 12.1257

Rating24-Feb-04

CRISIL MIP Blended Index

25.0545

9.54 years

5.35 years

9,417.19

Aditya Khemani

(for Equity portion) SanjayShah (for Debt portion)

Available

10,000

10,000

25,000

1,000 p.m.

Nil

`

`

`

`

`

Rating Profile

Sovereign 48.18%


Equity 14.00%




Upon payment of dividend, the NAV per unit falls to the extent of payout and statutory levy, if any.Face value: 10 per unit.`


Riskometer

Mod

erately Moderate

Low

Hig

h

Low

High

LOW HIGH

Moderately


• Regular Income over mediumterm

• Investment in fixed income(debt and money marketinstruments) as well as equityand equity related securities

HSBC MIP - Regular Plan (HMIP-R)



�

�

�



Low riskLOW RISK

(BLUE)



HSBC Income Fund - Investment Plan (HIF-IP)An Open Ended Income Scheme

Investment Objective: Aims to provide reasonable income through a diversified portfolio of fixed income securities. The AMC'sview of interest rate trends and the nature of the Plans will be reflected in the type and maturities of securities in which the ShortTerm and Investment Plans are invested.

32

FUND DETAILS

Date of Allotment

Benchmark



Modified Duration

of Portfolio

Yield To Maturity*

Fund Manager

SIP

Minimum

Application Amount

Exit Load

per unit


@


Regular 1.85%

Direct Plan 1.10%Excludes service tax on Investment Management fees of 0.13%of Total NetAssets.

Asset Allocation





Securitised Debt 0.09%


* Based on invested Amount

FUND PORTFOLIO

Securitised Debt

Corporate/ PSU Debt


Cash Equivalents

CBLO 196.72 1.85%




Investments - Asset Back Security


India MBS 2002 Series I 9.23 0.09% CRISIL AAA (SO)

Export Import Bank of India 546.52 5.14% CRISIL AAA

Rural Electrification Corporation 505.34 4.76% CARE AAA











IssuerMarket Value

( in Lacs)`

% to NetAssets

Rating10-Dec-02

CRISIL Composite BondFund Index

24.5696

12.89 years

7.27 years

7.93%

10,603.79

Sanjay Shah

Available

10,000

1,000 p.m.(SIP)

Nil

`

`

`

Rating Profile

Sovereign 77.92%



Net CurrentAssets 1.93%Dividend DeclarationRecord Date / periodof dividend declared




`

HSBC Income Fund - Investment Plan - Regular Option - Quarterly Dividend

HSBC Income Fund - Investment Plan - Institutional Option - Quarterly Dividend

25-Mar-15 0.17421 0.16155 11.5709

25-Jun-15 0.17334 0.16060 11.2788

28-Sep-15 0.17334 0.16060 11.3365

12-Jun-09 0.11387 0.10598 11.0294

11-Sep-09 0.11387 0.10598 10.9960

11-Dec-09 0.11387 0.10598 11.0973

Upon payment of dividend, the NAV per unit falls to the extent of payout and statutory levy, if any. Face value: 10 per unit.`Investors understand that their principal

will be at Moderate risk

Riskometer

Mod

erately Moderate

Low

Hig

h

Low

High

LOW HIGH

Moderately


• Regular Income over longterm

• Investment in diversifiedportfolio of fixed incomesecurities

HSBC Income Fund - Investment Plan (HIF-IP)


HSBC Income Fund - Short Term Plan (HIF-STP)An Open Ended Income Scheme

Investment Objective:Aims to provide reasonable income through a diversified portfolio of fixed income securities. TheAMC’sview of interest rate trends and the nature of the Plans will be reflected in the type and maturities of securities in which the ShortTerm and Investment Plans are invested.

33

FUND DETAILS

Date of Allotment

Benchmark

NAV (Growth)

(as on 30.10.15)


Modified Duration

of Portfolio

Yield To Maturity*

Fund Managers

SIP

Minimum

Application Amount

Exit Load

per unit


@


Regular 1.25%

Direct Plan 0.30%


Asset Allocation

Corporate/ PSU Debt 63.03%Money Market Instruments 18.64%Government Securities 14.57%Net CurrentAssets 2.84%Cash Equivalents 0.92%



FUND PORTFOLIO


Corporate/ PSU Debt


Cash EquivalentsCBLO 536.77 0.31%Reverse Repos 1,034.82 0.60%Net Current Assets 4,906.28 2.84%Total Net Assets as on 31-Oct-2015 1,71,378.58 100.00%

Indian Bank 4,870.23 2.84% Fitch A1+Bank of India 4,866.55 2.84% CRISIL A1+Andhra Bank 4,393.49 2.56% CARE A1+Punjab & Sind Bank 2,432.77 1.42% CARE A1+Canara Bank 1,465.80 0.86% CRISIL A1+ICICI Bank 978.61 0.57% [ICRA]A1+Canara Bank 974.94 0.57% CRISIL A1+

Adani Ports & Special Economic Zone 4,756.97 2.78% [ICRA]A1+AU Financiers India Ltd 2,423.45 1.41% Fitch A1+AU Financiers India Ltd 2,357.45 1.38% Fitch A1+Cholamandalam Investment & Fin Co 1,942.45 1.13% [ICRA]A1+Adani Ports & Special Economic Zone 476.62 0.28% [ICRA]A1+

L&T Finance 7,529.30 4.39% CARE AA+Rural Electrification Corporation 6,092.50 3.55% CRISIL AAAPower Finance Corporation 5,105.03 2.98% CRISIL AAAPower Finance Corporation 5,082.65 2.97% CRISIL AAALIC Housing Finance 5,024.51 2.93% CARE AAATata Capital Financial Services 5,019.67 2.93% CRISIL AA+National Bk for Agriculture & Rural Dev. 4,533.15 2.65% CRISIL AAARural Electrification Corporation 4,089.27 2.39% CRISIL AAARural Electrification Corporation 3,524.78 2.06% CRISIL AAAHousing Development Finance Corp 3,106.18 1.81% CRISIL AAARural Electrification Corporation 3,032.02 1.77% CARE AAAPower Grid Corporation of India 2,583.54 1.51% CRISIL AAASRF 2,546.43 1.49% Fitch AABajaj Finance 2,545.45 1.49% CRISIL AA+LIC Housing Finance 2,518.23 1.47% CARE AAAPower Finance Corporation 2,518.13 1.47% CRISIL AAATata Capital Financial Services 2,517.48 1.47% CRISIL AA+Kotak Mahindra Prime 2,513.83 1.47% [ICRA]AAAPower Finance Corporation 2,512.83 1.47% CRISIL AAATata Capital Financial Services 2,512.66 1.47% CRISIL AA+Kotak Mahindra Prime 2,510.57 1.46% [ICRA]AAATata Capital Financial Services 2,510.39 1.46% CRISIL AA+Power Finance Corporation 2,504.52 1.46% CRISIL AAAPower Grid Corporation of India 2,048.32 1.20% CRISIL AAAHousing Development Finance Corp 2,031.65 1.19% CRISIL AAATata Sons 2,028.62 1.18% CRISIL AAALIC Housing Finance 1,525.98 0.89% CRISIL AAAKotak Mahindra Prime 1,524.44 0.89% [ICRA]AAAIndia Infradebt 1,509.82 0.88% CRISIL AAALIC Housing Finance 1,020.91 0.60% CRISIL AAALIC Housing Finance 1,020.02 0.60% CRISIL AAAHousing Development Finance Corp 1,019.94 0.60% CRISIL AAAPower Grid Corporation of India 1,018.32 0.59% CRISIL AAAShriram Transport Finance Company 1,017.09 0.59% CRISIL AA+LIC Housing Finance 1,013.99 0.59% CARE AAAPower Grid Corporation of India 1,004.96 0.59% CRISIL AAALIC Housing Finance 507.22 0.30% CRISIL AAAShriram Transport Finance Company 274.95 0.16% CRISIL AA+Rural Electrification Corporation 171.93 0.10% CRISIL AAAHousing Development Finance Corp 91.12 0.05% CRISIL AAARural Electrification Corporation 71.44 0.04% CRISIL AAA

Cholamandalam Investment & Fin Co 4,087.10 2.38% [ICRA]AACholamandalam Investment & Fin Co 2,556.23 1.49% [ICRA]AA

8.40% GOVT OF INDIA RED 28-07-2024 7,781.32 4.54% SOVEREIGN7.16% GOVT OF INDIA RED 20-05-2023 7,222.40 4.21% SOVEREIGN7.68% GOVT OF INDIA RED 15-12-2023 5,503.29 3.21% SOVEREIGN7.88% GOVT OF INDIA RED 19-03-2030 2,519.57 1.47% SOVEREIGN7.35% GOVT OF INDIA RED 22-06-2024 1,957.74 1.14% SOVEREIGN


Commercial Paper


Zero Coupon Bonds

IssuerMarket Value

( in Lacs)`

% to NetAssets

Rating10-Dec-02

CRISIL Short Term BondFund Index

24.2157

2.95 years

2.25 years

8.10%

1,70,674.30

Sanjay Shah &

Piyush Harlalka

Available

10,000

1,000 p.m.(SIP)

Nil

`

`

`

Rating Profile

AAAand equivalents 62.35%AA+/AA-/AAand equivalents 19.32%Sovereign 14.57%Net CurrentAssets 2.84%Reverse Repos/ CBLOs 0.92%





`

HSBC Income Fund - Short Term Plan - Regular Option - Monthly Dividend

HSBC Income Fund - Short Term Plan - Monthly Dividend - Direct Plan

HSBC Income Fund - Short Term Plan - Institutional Option - Monthly Dividend

HSBC Income Fund - Short Term Plan - Institutional Plus Option - Monthly Dividend

25-Aug-15 0.04786 0.04435 11.162128-Sep-15 0.05539 0.05132 11.1666

25-Aug-15 0.05415 0.05017 11.213628-Sep-15 0.06275 0.05814 11.2196

25-May-15 0.05330 0.04938 12.007825-Jun-15 0.06385 0.05915 11.9934

26-Oct-15 0.05782 0.05357 11.2112

26-Oct-15 0.06396 0.05926 11.2627

27-Jul-15 0.05814 0.05387 12.0045

30-Dec-11 0.08478 0.07266 10.120027-Jan-12 0.05533 0.04742 10.086624-Feb-12 0.05663 0.04854 10.0881


Investors understand that their principalwill be at Moderately Low risk

Riskometer

Mod

erately Moderate

Low

Hig

h

Low

High

LOW HIGH

Moderately


• Regular Income over Mediumterm

• Investment in diversifiedportfolio of fixed incomesecurities

HSBC Income Fund - Short Term Plan (HIF-STP)


HSBC Floating Rate Fund - Long Term Plan (HFRF-LTP)An Open Ended Income Scheme

Investment Objective: Seeks to generate a reasonable return with commensurate risk through investments in floating rate debtinstruments and fixed rate debt instruments swapped for floating rate returns. The Scheme may also invest in fixed rate moneymarket and debt instruments.

34

FUND DETAILS

Date of Allotment

Benchmark



Modified Duration ofPortfolio

Yield To Maturity*

Fund Managers

SIP

Minimum

Application Amount

Sub Options

Exit Load

per unit


@


Regular 0.75%

Direct Plan 0.20%


Asset Allocation

Money Market Instruments 58.85%Cash Equivalents 41.31%Net CurrentAssets -0.16%



FUND PORTFOLIO


Cash Equivalents

CBLO 851.13 14.11%





Commercial Paper

UCO Bank 730.29 12.10% CRISIL A1+

Indian Bank 681.83 11.30% Fitch A1+


Edelweiss Financial Services 494.51 8.20% CRISIL A1+

Cholamandalam Investment & Fin Co 485.61 8.05% [ICRA]A1+

Adani Ports & Special Economic Zone 476.62 7.90% [ICRA]A1+

IssuerMarket Value

( in Lacs)`

% to NetAssets

Rating16-Nov-04

CRISIL Liquid Fund Index

22.8047

0.22 years

0.22 years

7.32%

5,870.16

Kapil Punjabi &

Piyush Harlalka

Available

10,000

1,000 p.m.(SIP)

Growth, Daily Dividend,Reinvestment Weekly

Dividend, Reinvestment,Monthly Dividend (Payout &

Reinvestment)

Nil

`

`

`

Rating Profile

AAAand equivalents 58.85%Reverse Repos/ CBLOs 41.31%Net CurrentAssets -0.16%





`

HSBC Floating Rate Fund - Long Term Plan - Regular Option - Monthly Dividend

HSBC Floating Rate Fund - Long Term Plan - Monthly Dividend - Direct Plan

HSBC Floating Rate Fund - Long Term Plan - Institutional Option - Monthly Dividend

25-Aug-15 0.04279 0.03965 10.0593

28-Sep-15 0.04124 0.03821 10.0571

25-Aug-15 0.05085 0.04711 10.0759

28-Sep-15 0.04861 0.04503 10.0729

26-Oct-15 0.04037 0.03740 10.0559

26-Oct-15 0.04659 0.04316 10.0700

25-Apr-14 0.05133 0.04916 10.5356

25-Aug-14 0.06294 0.06028 10.7639

25-Sep-14 0.17600 0.16856 10.7615



Riskometer

Modera

tely Moderate

Low

Hig

h

Low

High

LOW HIGH

Moderately


• Liquidity over short term

• Investment in floating rate andfixed rate Debt and MoneyMarket Instruments

HSBC Floating Rate Fund - Long Term Plan (HFRF-LTP)



�

�

�



Low riskLOW RISK

(BLUE)



HSBC Cash Fund (HCF)An Open Ended Liquid Scheme

Investment Objective: Aims to provide reasonable returns, commensurate with low risk while providing a high level of liquidity,through a portfolio of money market and debt securities.

FUND DETAILS

Date of Allotment

Benchmark

NAV (Growth)

(as on 30.10.15)


Modified Duration

of Portfolio

Yield To Maturity*

Fund Manager

SIP

Minimum

Application Amount

Sub Options

Exit Load

per unit


@

Asset Allocation

Money Market Instruments 61.92%Treasury Bill 21.50%Fixed Deposit 8.90%Cash Equivalents 7.12%Net CurrentAssets 0.56%



FUND PORTFOLIO


Fixed Deposit

Treasury Bill

Cash Equivalents

CBLO 4,102.49 2.43%



Total Net Assets as on 31-Oct-2015 1,68,639.00 100.00%

IDBI Bank 9,983.74 5.92% CRISIL A1+

IDBI Bank 4,990.69 2.96% CRISIL A1+

Corporation Bank 4,987.61 2.96% CRISIL A1+

Corporation Bank 4,951.38 2.94% CRISIL A1+

ING Vysya Bank 2,488.65 1.48% CRISIL A1+

Canara Bank 2,478.90 1.47% CRISIL A1+

Adani Ports & Special Economic Zone 7,487.26 4.44% [ICRA]A1+

Magma Fincorp 7,457.81 4.42% CARE A1+

Kalpataru Power Transmission 7,456.14 4.42% CRISIL A1+

SREI Equipment Finance 7,455.20 4.42% [ICRA]A1+

Cox & Kings 7,443.16 4.41% CARE A1+

Indiabulls Housing Finance 4,979.06 2.95% CRISIL A1+

Edelweiss Financial Services 4,971.01 2.95% CRISIL A1+

Dewan Housing Finance Corporation 4,947.22 2.93% CRISIL A1+

JM Financial Products 4,946.79 2.93% [ICRA]A1+

JK Tyre & Industries 3,973.37 2.36% CARE A1+


JM Financial Credit Solutions 2,487.54 1.48% Fitch A1+

L&T Fincorp 2,484.54 1.47% CARE A1+


Magma Fincorp 2,477.09 1.47% CARE A1+

SREI Equipment Finance 994.26 0.59% [ICRA]A1+

HDFC Bank 7,500.00 4.45% Fixed Deposit

IndusInd Bank 7,500.00 4.45% Fixed Deposit

91 DAYS TREASURY BILL RED 24-12-2015 19,800.61 11.74% SOVEREIGN

91 DAYS TREASURY BILL RED 12-11-2015 16,465.47 9.76% SOVEREIGN


Commercial Paper

Fixed Deposit

IssuerMarket Value

( in Lacs)`

% to NetAssets

Rating04-Dec-02

CRISIL Liquid Fund Index

1460.7372

0.08 years

0.08 years

7.51%

1,86,160.68

Kapil Punjabi

Available

10,000

1,000 p.m.(SIP)

Growth, Daily Dividend,Reinvestment

Weekly Dividend,Reinvestment,

Monthly Dividend (Payout &Reinvestment)

Nil

`

`

`

Rating Profile

AAAand equivalents 61.92%Sovereign 21.50%Fixed Deposit 8.90%Reverse Repos/ CBLOs 7.12%Net CurrentAssets 0.56%





`

HSBC Cash Fund - Institutional Option - Monthly Dividend

HSBC Cash Fund - Monthly Dividend - Direct Plan

HSBC Cash Fund - Institutional Plus Option - Monthly Dividend

25-Aug-15 4.45417 4.12670 1006.2234

28-Sep-15 5.07436 4.70130 1007.0821

25-Aug-15 4.48366 4.15403 1006.4468

28-Sep-15 5.10915 4.73353 1007.3128

26-Oct-15 4.25435 3.94157 1005.9468

26-Oct-15 4.28258 3.96773 1006.1684

26-Aug-11 0.04886 0.04686 10.1383

29-Sep-11 0.05876 0.05636 10.1509

28-Oct-11 0.05244 0.05030 10.1428

Upon payment of dividend, the NAV per unit falls to the extent of payout and statutory levy, if any. Face value: 1,000 per unit.`


Regular 0.11%

Direct Plan 0.06%

Currently there is no Service Tax levied due to nil InvestmentManagement Fees being charged.

Investors understand that their principalwill be at low risk

Riskometer

M

oderately Moderate

Low

Hig

h

Low

High

LOW HIGH

Moderately

This product is suitable forinvestors who are seeking*:• Overnight Liquidity over short

term• Invests in Money Market

Instruments

HSBC Cash Fund (HCF)

35



�

�

�



Low riskLOW RISK

(BLUE)



HSBC Gilt Fund (HGF)An Open Ended Gilt Scheme

Investment Objective: Aims to generate reasonable returns through investments in Government Securities of variousmaturities. The AMC's view of interest rate trends and the nature of the plans will be reflected in the maturities of securities inwhich the Plans are invested.

36

FUND DETAILS

Date of Allotment

Benchmark



Modified Durationof Portfolio

Yield To Maturity*

Fund Managers

SIP

Minimum

Application Amount

Exit Load

per unit


@

Asset Allocation






FUND PORTFOLIO


Cash Equivalents

CBLO 11.24 3.97%



Total Net Assets as on 31-Oct-2015 283.04 100.00%






IssuerMarket Value

( in Lacs)`

% to NetAssets

Rating05-Dec-03

I-Sec Composite Index

18.5387

16.48 years

8.16 years

7.87%

283.18

Sanjay Shah

Available

10,000

1,000 p.m.(SIP)

Nil

`

`

`

Rating Profile

Sovereign 86.32%







`

HSBC Gilt Fund - Monthly Dividend

31-Oct-08 0.06136 0.05711 10.8077

28-Nov-08 0.04193 0.03903 10.7855

26-Dec-08 0.03400 0.03164 10.7764



Regular 1.00%

Direct Plan 0.50%



Riskometer

Mod

erately Moderate

Low

Hig

h

Low

High

LOW HIGH

Moderately



• Investment in GovernmentSecurities

HSBC Gilt Fund (HGF)



�

�

�



Low riskLOW RISK

(BLUE)



HSBC Ultra Short Term Bond Fund (HUSBF)An Open Ended Debt Scheme

Investment Objective: Seeks to provide liquidity and reasonable returns by investing primarily in a mix of short term debt andmoney market instruments.

37

FUND DETAILS

Date of Allotment

Benchmark

NAV (Growth)

(as on 30.10.15)


Modified Duration

of Portfolio

Yield To Maturity*

Fund Managers

SIP

Minimum ApplicationAmount

Sub Options

Exit Load

per unit


@

Asset Allocation






** Composite index of CRISIL Liquid Fund Index(90%) andCRISIL Short Term Bond Fund Index(10%).


FUND PORTFOLIO


Corporate/ PSU Debt

Cash Equivalents

CBLO 2,074.23 4.46%




Bank of India 2,439.88 5.25% CRISIL A1+

Indian Bank 1,753.28 3.77% Fitch A1+

Canara Bank 1,753.19 3.77% CRISIL A1+

UCO Bank 1,704.00 3.66% CRISIL A1+

ICICI Bank 1,467.91 3.16% [ICRA]A1+


Andhra Bank 488.17 1.05% CARE A1+

Adani Ports & Special Economic Zone 3,812.92 8.20% [ICRA]A1+

Kalpataru Power Transmission 2,485.38 5.34% CRISIL A1+

Cox & Kings 2,474.58 5.32% CARE A1+

AU Financiers India Ltd 2,423.45 5.21% Fitch A1+


SREI Equipment Finance 1,491.38 3.21% [ICRA]A1+

JK Tyre & Industries 993.34 2.14% CARE A1+

Power Finance Corporation 2,512.83 5.40% CRISIL AAA

Indiabulls Housing Finance 2,509.41 5.40% CARE AAA

Housing Development Finance Corp 1,018.98 2.19% CRISIL AAA

Power Finance Corporation 1,016.53 2.19% CRISIL AAA

Rural Electrification Corporation 1,015.33 2.18% CARE AAA

LIC Housing Finance 1,004.90 2.16% CARE AAA

Tata Capital Financial Services 1,002.46 2.16% CRISIL AA+

Shriram Transport Finance Company 509.17 1.09% CRISIL AA+

Bajaj Finance 508.32 1.09% [ICRA]AA+

LIC Housing Finance 507.22 1.09% CRISIL AAA

Tata Sons 507.15 1.09% CRISIL AAA

Kotak Mahindra Prime 502.77 1.08% [ICRA]AAA

Shriram Transport Finance Company 60.92 0.13% CRISIL AA+

Housing Development Finance Corp 1,327.53 2.85% CRISIL AAA

Cholamandalam Investment & Fin Co 1,022.49 2.20% [ICRA]AA

Cholamandalam Investment & Fin Co 1,021.77 2.20% [ICRA]AA


Commercial Paper


Zero Coupon Bonds

IssuerMarket Value

( in Lacs)`

% to NetAssets

Rating17-Oct-06

Customised

Benchmark Index**

12.9725

0.66 years

0.60 years

7.85%

44,500.80

Piyush Harlalka &

Kapil Punjabi

Available

10,000

1,000 p.m.(SIP)

Growth, Daily Dividend,Reinvestment

Weekly Dividend,Reinvestment

Monthly Dividend (Payout &Reinvestment)

Nil

`

`

`

Rating Profile


AA+/AA-/AAand equivalents 8.87%







`

HSBC Ultra Short Term Bond Fund - Institutional Option - Monthly Dividend

HSBC Ultra Short Term Bond Fund - Monthly Dividend - Direct Plan

HSBC Ultra Short Term Bond Fund - Institutional Plus Option - Monthly Dividend

25-Aug-15 0.04431 0.04105 10.1881

28-Sep-15 0.04418 0.04093 10.1880

26-Oct-15 0.05761 0.05337 10.2066

25-Jun-14 0.15218 0.14575 10.1953

28-Jan-11 0.04829 0.04501 10.3821

25-Feb-11 0.04125 0.03845 10.3741

25-Mar-11 0.05214 0.04859 10.3865



Regular 1.00%

Direct Plan 0.20%



Riskometer

Modera

tely Moderate

Low

Hig

h

Low

High

LOW HIGH

Moderately

This product is suitable forinvestors who are seeking*:• Liquidity over short term• Investment in Debt / Money

Market Instruments

HSBC Ultra Short Term Bond Fund (HUSBF)


HSBC Flexi Debt Fund (HFDF)An Open Ended Debt Scheme

Investment Objective: Seeks to deliver returns in the form of interest income and capital gains, along with high liquidity,commensurate with the current view on the markets and the interest rate cycle, through active investment in debt and moneymarket instruments.

38

FUND DETAILS

Date of Allotment

Benchmark



Modified Duration

of Portfolio

Yield To Maturity*

Fund Manager

SIP

Minimum

Application Amount

Exit Load

per unit


@

Asset Allocation







FUND PORTFOLIO

Corporate/ PSU Debt


Cash Equivalents

CBLO 476.34 0.83%


Net Current Assets 1,903.19 3.34%


Rural Electrification Corporation 5,053.37 8.85% CARE AAA

Power Grid Corporation of India 502.11 0.88% CRISIL AAA










IssuerMarket Value

( in Lacs)`

% to NetAssets

Rating05-Oct-07

CRISIL Composite BondFund Index

19.9671

13.69 years

7.69 years

7.95%

56,264.25

Sanjay Shah

Available

10,000

1,000 p.m.(SIP)

Nil

`

`

`

Rating Profile

Sovereign 84.49%








`

HSBC Flexi Debt Fund - Regular Option - Monthly Dividend

HSBC Flexi Debt Fund - Institutional Option - Monthly Dividend

HSBC Flexi Debt Fund - Monthly Dividend - Direct Plan

HSBC Flexi Debt Fund - Regular Option - Quarterly Dividend

HSBC Flexi Debt Fund - Institutional Option - Quarterly Dividend

HSBC Flexi Debt Fund - Quarterly Dividend - Direct Plan

HSBC Flexi Debt Fund - Regular Option - Half Yearly Dividend

HSBC Flexi Debt Fund - Institutional Option - Half-yearly Dividend

HSBC Flexi Debt Fund - Half-yearly Dividend - Direct Plan

26-Apr-13 0.05836 0.04973 10.4949

31-May-13 0.11214 0.10740 10.6718

28-Jun-13 0.03263 0.03125 10.4175

28-Sep-15 0.18057 0.16729 11.9644

28-Sep-15 0.18057 0.16729 11.9326

28-Sep-15 0.18057 0.16729 12.2248

14-Sep-12 0.35236 0.30201 11.4315

15-Mar-13 0.35236 0.30201 11.6629

15-Mar-13 0.35236 0.30201 10.9757

25-Sep-14 0.31171 0.29853 11.2593

25-Mar-15 0.34842 0.32311 11.8530

25-Aug-15 0.05470 0.05068 10.6611

28-Sep-15 0.09176 0.08501 10.7123

26-Oct-15 0.10868 0.10069 10.7355

25-Aug-15 0.06760 0.06263 10.8080

28-Sep-15 0.09852 0.09127 10.8504

26-Oct-15 0.11441 0.10600 10.8719

25-Mar-15 0.18147 0.16829 12.2052

25-Jun-15 0.18057 0.16729 11.8869

25-Mar-15 0.18147 0.16829 12.1590

25-Jun-15 0.18057 0.16729 11.8484

25-Mar-15 0.18147 0.16829 12.3982

25-Jun-15 0.18057 0.16729 12.1094

25-Mar-15 0.37019 0.34330 12.5368

28-Sep-15 0.36113 0.33458 12.3102

28-Sep-15 0.36113 0.33458 11.6860



Regular 1.60%Direct Plan 0.85%



Riskometer

Mod

erately Moderate

Low

Hig

h

Low

High

LOW HIGH

Moderately



• Investment in Debt / MoneyMarket Instruments

HSBC Flexi Debt Fund (HFDF)


39

HSBC MIP - Savings & Regular Plan


HSBC Income Fund - Short Term Plan

HSBC Floating Rate Fund Long Term Plan

HSBC Cash Fund

HSBC Gilt Fund

HSBC Ultra Short Term Bond Fund


For Debt portion: Sanjay Shah (from 14 August 2009) & ForEquity portion: Aditya Khemani (from 24 February 2009)

Sanjay Shah (from 09 January 2009)

Sanjay Shah (from 09 January 2009) & Piyush Harlalka (from 05 August 2015)

Kapil Punjabi (from 18 October 2014) & Piyush Harlalka (from 05 August 2015)

Kapil Punjabi (from 14 March 2014)


Piyush Harlalka (from 05 August 2015) & Kapil Punjabi (from 18 October 2014)


Name of Scheme Fund Manager

Fund Manager’s Experience

Sanjay ShahSenior Vice President Head - Fixed IncomeB. Com, A.C.A., Post Graduate Diploma in Management

Experience:

Over 15 years of experience in research and risk


Senior Vice President & Fund Manager, Fixed Income since October 2011 to present,

Vice President & Fund Manager, Fixed Income since December 2008 to September 2011.

FIL Fund Management Private Ltd

Credit Analyst from September 2008 to December 2008

Lehman Brothers Structured Financial Services Private LtdVice President, Convertible Products from September 2006 to September 2008

Rabo India Finance Private LtdSenior Manager – Credit Risk from July 2004 to September 2006

ICICI Bank LtdManager, Credit Risk from January 2003 to June 2004

SBI Funds Management Private LtdChief Manager, Debt Funds from June 1999 to January 2003

�

�

�

�

�

�

Kapil Punjabi

Vice President & Fund Manager - Fixed Income

B.M.S, M.M.S (Mumbai University)

Experience:

Over 9 years of experience in research and Fund Management

HSBC Asset Management (India) Private Ltd.Vice President & Fund Manager - Fixed Income from March 04, 2014 onwards.

Taurus Asset Management Company LimitedFund Manager Fixed Income from June 07, 2012 to February 27, 2014.

Edelweiss Asset Management LimitedFund Manager Fixed Income from December 05, 2009 to June 06, 2012.

Edelweiss Securities LimitedManager - Investments from October 2007 to November 2009

Trans Market Group Research (India) Private LimitedResearch Analyst and Proprietary Trader from May 2006 to October 2007.

�

�

�

�

�

Piyush Harlalka

Vice President & Fund Manager – Fixed Income

M.B.A, (Finance), C.A., C.S.

Experience:

Over 9 years of experience in research

HSBC Asset Management (India) Private Limited,

Vice President & Fund Manager – Fixed Income Mutual Fund Division from August 5, 2015 to present;

Vice President & Fund Manager - Portfolio Management Services Division from June 15 to August 4, 2015;

Vice President & Fund Manager – Fixed Income Mutual Fund Division - October 2010 to June 12, 2015;

Assistant Vice President - Investment Management - Portfolio Management Services Division - December 2008

to October 2010;

Research Analyst from July 2007 to November 2008.

Batlivala & Karanai Securities Pvt. Ltd. ,

Assistant Vice President & Research Analyst, from April 2006 to June 2007.

�

�

Funds Managed by - Sanjay Shah (for Debt portion) &Aditya Khemani (for Equity portion)

Funds Managed by - Sanjay Shah.

HSBC MIP - Regular Plan

HSBC MIP - Savings Plan

HSBC Gilt Fund







Oct 14 -Sept 15

Oct 14 -Sept 15

Oct 14 -Sept 15

Oct 13 -Sept 14

Oct 13 -Sept 14

Oct 13 -Sept 14

Oct 12 -Sept 13

Oct 12 -Sept 13

Oct 12 -Sept 13

SinceInception

SinceInception

SinceInception

HSBC MIP - Regular Plan - Growth

Crisil MIP Blended Index (Scheme Benchmark)

Crisil 1 Year T-Bill Index (Standard Benchmark)


10,000, if invested in HMIP - R, would have become

10,000, if invested in Crisil MIP Blended Index, would have become

10,000, if invested in Crisil 1 Year T-Bill Index, would have become


`

`

`

`

HSBC MIP - Savings Plan - Growth

Crisil MIP Blended Index (Scheme Benchmark)



10,000, if invested in HMIP - S, would have become

10,000, if invested in Crisil MIP Blended Index, would have become



`

`

`

`

HSBC Gilt Fund - Growth

I-Sec Composite Bond Fund Index (Scheme Benchmark)


10,000, if invested in HGF, would have become

10,000, if invested in I-Sec Composite Bond Fund Index, would have become


`

`

`

10.44% 14.53% 3.43% 8.22%

10.67% 15.20% 3.11% 7.83%

8.83% 8.21% 5.63% 5.85%

13.49% 6.58% 2.45% 5.24%

11,044 11,453 10,343 25,006

11,067 11,520 10,311 23,988

10,883 10,821 10,563 19,353

11,349 10,658 10,245 18,097

` ` ` `

` ` ` `

` ` ` `

` ` ` `

10.58% 19.30% 3.33% 9.83%

10.67% 15.20% 3.11% 7.83%

8.83% 8.21% 5.63% 5.85%

13.49% 6.58% 2.45% 5.24%

11,058 11,930 10,333 29,698

11,067 11,520 10,311 23,988

10,883 10,821 10,563 19,353

11,349 10,658 10,245 18,097

` ` ` `

` ` ` `

` ` ` `

` ` ` `

13.20% 8.23% 4.96% 5.35%

13.27% 10.90% 4.86% 7.32%

13.49% 6.58% 2.45% 5.21%

11,320 10,823 10,496 18,524

11,327 11,090 10,486 23,070

11,349 10,658 10,245 18,246

` ` ` `

` ` ` `

` ` ` `




Data for the period October to September has been considered in all cases, except for ‘Since Inception’ returns. ‘Since Inception’ (%) returnsare compounded annualised, other % returns are simple annualised. ‘Since inception’ returns are calculated on 10 invested at inception.Standard benchmark is prescribed by SEBI and is used for comparison purposes. Returns on 10,000 are point-to-point returns for thespecific time period, invested at the start of the period. The returns provided above have been rounded off and hence there may be minordifferences between point-to-point returns vis-a-vis returns indicated above.

`

`

Comparative Performance of Debt Schemes

40

Data for the period October to September has been considered in all cases, except for ‘Since Inception’ returns. ‘Since Inception’ (%) returnsare compounded annualised, other % returns are simple annualised. ‘Since inception’ returns are calculated on 10 invested at inception.Standard benchmark is prescribed by SEBI and is used for comparison purposes. Returns on 10,000 are point-to-point returns for thespecific time period, invested at the start of the period. The returns provided above have been rounded off and hence there may be minordifferences between point-to-point returns vis-a-vis returns indicated above.

`

`




Date of Inception: 05 Oct 07



Oct 14 -Sept 15

Oct 14 -Sept 15

Oct 13 -Sept 14

Oct 13 -Sept 14

Oct 12 -Sept 13

Oct 12 -Sept 13

SinceInception

SinceInception

HSBC Income Fund - Investment Plan - Growth

Crisil Composite Bond Fund Index (Scheme Benchmark)


10,000, if invested in HIF - IP, would have become

10,000, if invested in Crisil Composite Bond Fund Index, would have become


`

`

`

HSBC Flexi Debt Fund - Growth

Crisil Composite Bond Fund Index (Scheme Benchmark)


10,000, if invested in HFDF, would have become

10,000, if invested in Crisil Composite Bond Fund Index, would have become


`

`

`

12.19% 8.41% 3.95% 7.26%

12.45% 11.46% 3.42% 6.51%

13.49% 6.58% 2.45% 5.88%

11,219 10,841 10,395 24,541

11,245 11,146 10,342 22,437

11,349 10,658 10,245 20,794

` ` ` `

` ` ` `

` ` ` `

12.66% 8.44% 5.38% 9.03%

12.45% 11.46% 3.42% 7.66%

13.49% 6.58% 2.45% 6.77%

11,266 10,844 10,538 19,964

11,245 11,146 10,342 18,043

11,349 10,658 10,245 16,878

` ` ` `

` ` ` `

` ` ` `




41

HSBC Income Fund - STP Date of Inception : 10 Dec 02


Oct 13 -Sept 14

Oct 12 -Sept 13

SinceInception

HSBC Income Fund - S T P - Growth

Crisil Short Term Bond Fund Index (Scheme Benchmark)


10,000, if invested in HIF -ST, would have become

10,000, if invested in Crisil Short Term Bond Fund Index, would have become


`

`

`

9.41% 9.34% 6.65% 7.10%

9.85% 10.06% 7.66% 7.01%

8.83% 8.21% 5.63% 5.81%

10,941 10,934 10,665 24,076

10,985 11,006 10,766 23,831

10,883 10,821 10,563 20,615

` ` ` `

` ` ` `

` ` ` `


Fund Managed by - Sanjay Shah & Piyush Harlalka.

HSBC Cash Fund@

Date of Inception: 04 Dec 02


Oct 13 -Sept 14

Oct 12 -Sept 13

SinceInception

HSBC Cash Fund - Growth

Crisil Liquid Fund Index (SchemeBenchmark)

Crisil 91 Day T-Bill Index (StandardBenchmark)

`

`

`

10,000, if invested in HCF, would havebecome

10,000, if invested in Crisil Liquid FundIndex, would have become

10,000, if invested in Crisil 91 Day T-BillIndex, would have become

HSBC FRF - LTP - Regular Plan

HSBC Ultra Short Term Bond Fund$

Date of Inception : 16 Nov 04

Date of Inception :17 Oct 06



Oct 14 -Sept 15

Oct 14 -Sept 15

Oct 13 -Sept 14

Oct 13 -Sept 14

Oct 12 -Sept 13

Oct 12 -Sept 13

SinceInception

SinceInception

HSBC FRF - LTP - Growth

Crisil Liquid Fund Index (Scheme Benchmark)


10,000, if invested HFRF - LTP, would have become

10,000, if invested in Crisil Liquid Fund Index, would have become


`

`

`

HSBC Ultra Short Term Bond Fund - Growth



10,000, if invested in HUSTBF, would have become



`

`

`

8.51% 9.07% 8.73% 7.81%

8.53% 9.48% 8.52% 7.20%

8.83% 8.21% 5.63% 6.08%

10,851 10,907 10,873 22,654

10,853 10,948 10,852 21,316

10,883 10,821 10,563 18,997

` ` ` `

` ` ` `

` ` ` `

8.67% 9.40% 8.43% 8.85%

8.66% 9.54% 8.44% 8.90%

8.83% 8.21% 5.63% 7.61%

10,867 10,940 10,843 21,192

10,866 10,954 10,844 21,271

10,883 10,821 10,563 19,143

` ` ` `

` ` ` `

` ` ` `



Last 7 Daysas on 30

Sept 2015

Last 15 Daysas on 30

Sept 2015

Last 30 Daysas on 30

Sept 2015

8.44% 7.95% 7.74% 8.58% 9.32% 8.98% 8.91%

11.04% 9.55% 8.20% 8.53% 9.48% 8.52% 8.75%

12.05% 9.62% 8.39% 8.44% 9.37% 7.80% 8.38%

10,016 10,033 10,064 10,858 10,932 10,898 14,522

10,021 10,039 10,067 10,853 10,948 10,852 14,432

10,023 10,040 10,069 10,844 10,937 10,780 14,219

` ` ` ` ` ` `

` ` ` ` ` ` `

` ` ` ` ` ` `


# Pursuant to SEBI circular dated Sept 13, 2012, certain Plans / Options within the schemes have been discontinued to comply with a single plan structure.Since there was no continuous NAV history available for the surviving Plan prior to 19 May 2011, returns since the said date have been considered forcalculating performance. The inception date of HSBC Cash Fund however is 4 December 2002.

Data for the period October to September has been considered in all cases, except for ‘Since Inception’ returns. ‘Since Inception’ (%) returns are compoundedannualised, other % returns are simple annualised. ‘Since inception’ returns are calculated on 10 invested at inception. Standard benchmark is prescribed bySEBI and is used for comparison purposes. Returns on 10,000 are point-to-point returns for the specific time period, invested at the start of the period. Thereturns provided above have been rounded off and hence there may be minor differences between point-to-point returns vis-a-vis returns indicated above.

`

`


42

Fund Managed by - Piyush Harlalka & Kapil Punjabi.

* Composite index of CRISILLiquid Fund Index (90%) and CRISILShort Term Bond Fund Index (10%).$ Pursuant to SEBI circular dated Sept. 13, 2012, certain Plans / Options within the schemes have been discontinued to comply with a single planstructure.Since there was no continuous NAV history available for the surviving Plan prior to 1 October 2012, returns since the said date have been consideredfor calculating performance. The inception date of HSBC Ultra Short Term Bond Fund however is 17 October 2006.

Fund Managed by - Kapil Punjabi.

Fund Managed by - Kapil Punjabi & Piyush Harlalka.

Fund Manager

ApplicationAmount for Fresh Subscription

MinimumAdditionalAmount

Yield to Maturity

SIP

NAV

Benchmark

Entry Load

Exit Load

Modified Duration

Standard Deviation

Sharpe Ratio

Beta

AUM

Holdings

Nature of Scheme

Rating Profile

An employee of the asset management company such as a mutual fund or life insurer, who manages investments of the scheme. He isusually part of a larger team of fund managers and research analysts.

This is the minimum investment amount for a new investor in a mutual fund scheme,

This is the minimum investment amount for an existing investor in a mutual fund scheme.

The Yield to Maturity or the YTM is the rate of return anticipated on a bond if held until maturity. YTM is expressed as an annual rate. The YTMfactors in the bond's current market price, par value, coupon interest rate and time to maturity.

SIP or systematic investment plan works on the principle of making periodic investments of a fixed sum. It works similar to a recurring bankdeposit. For instance, an investor may opt for an SIP that invests 500 every 15 of the month in an equity fund for a period of three years.

The NAV or the net asset value is the total asset value per unit of the mutual fund after deducting all related and permissible expenses. TheNAV is calculated at the end of every business day. It is the value at which the investor enters or exits the mutual fund.

Agroup of securities, usually a market index, whose performance is used as a standard or benchmark to measure investment performance ofmutual funds, among other investments. Some typical benchmarks include the Nifty, Sensex, BSE200, BSE500, 10-Year Gsec.

Amutual fund may have a sales charge or load at the time of entry and/or exit to compensate the distributor/agent. Entry load is charged at thetime an investor purchases the units of a mutual fund. The entry load is added to the prevailing NAV at the time of investment. For instance, ifthe NAV is 100 and the entry load is 1%, the investor will enter the fund at 101.

Exit load is charged at the time an investor redeems the units of a mutual fund. The exit load is deducted from the prevailing NAV at the time ofredemption. For instance, if the NAV is Rs 100 and the exit load is 1%, the redemption price would be 99 per unit.

Modified duration is the price sensitivity and the percentage change in price for a unit change in yield.

Standard deviation is a statistical measure of the range of an investment's performance. When a mutual fund has a high standard deviation,its means its range of performance is wide, implying greater volatility.

The Sharpe Ratio, named after its founder, the Nobel Laureate William Sharpe, is a measure of risk-adjusted returns. It is calculated usingstandard deviation and excess return to determine reward per unit of risk.

Beta is a measure of an investment's volatility vis-a-vis the market. Beta of less than 1 means that the security will be less volatile than themarket.Abeta of greater than 1 implies that the security's price will be more volatile than the market.

AUM or assets under management refers to the recent I updated cumulative market value of investments managed by a mutual fund or anyinvestment firm.

The holdings or the portfolio is a mutual fund's latest or updated reported statement of investments/securities. These are usually displayed interms of percentage to net assets or the rupee value or both. The objective is to give investors an idea of where their money is being investedby the fund manager.

The investment objective and underlying investments determine the nature of the mutual fund scheme. For instance, a mutual fund that aimsat generating capital appreciation by investing in stock markets is an equity fund or growth fund. Likewise, a mutual fund that aims at capitalpreservation by investing in debt markets is a debt fund or income fund. Each of these categories may have sub-categories.

Mutual funds invest in securities after evaluating their creditworthiness as disclosed by the ratings. A depiction of the mutual fund in variousinvestments based on their ratings becomes the rating profile of the fund. Typically, this is a feature of debt funds.

`

`

th

`

`

Note: SEBI, vide circular dated June 30, 2009 has abolished entry loan and mandated that the upfront commission to distributors will be paid by the investor directly to thedistributor, based on his assessment of various factors including the services rendered by the distributor.

Section II - How to read Factsheet

43

All returns have been sourced from MutualFundsIndia Explorer software unless otherwise stated. With regard to equity

schemes (including the equity component of MIPs), Fund performance is calculated on a total return basis (i.e. it includes

dividends re-invested) while the benchmark is calculated on a price return basis (i.e. it does not consider dividends re-

invested).

This document has been prepared by HSBCAsset Management (India) Private Ltd (HSBC) for information purposes only and

should not be construed as an offer or solicitation of an offer for purchase of any of the funds of HSBC Mutual Fund. All

information contained in this document (including that sourced from third parties), is obtained from sources HSBC, the third

party believes to be reliable but which it has not independently verified and HSBC, the third party makes no guarantee,

representation or warranty and accepts no responsibility or liability as to the accuracy or completeness of such information.

The information and opinions contained within the document are based upon publicly available information and rates of

taxation applicable at the time of publication, which are subject to change from time to time. Expressions of opinion are those of

HSBC only and are subject to change without notice. It does not have regard to specific investment objectives, financial

situation and the particular needs of any specific person who may receive this document. Investors should seek financial

advice regarding the appropriateness of investing in any securities or investment strategies that may have been discussed or

recommended in this report and should understand that the views regarding future prospects may or may not be realized.

Neither this document nor the units of HSBC Mutual Fund have been registered in any jurisdiction. The distribution of this

document in certain jurisdictions may be restricted or totally prohibited and accordingly, persons who come into possession of

this document are required to inform themselves about, and to observe, any such restrictions. Mutual fund investments are

subject to market risks. Please read the Scheme Information Document carefully before investing.

Investors should not invest in the Scheme solely based on the information provided in this document and should read the

Combined Scheme Information Document and, Statement of Additional Information of the Fund for details. This document

does not constitute an offering document.

No part of this publication may be reproduced, stored in a retrieval system, or transmitted, on any form or by any means,

electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of HSBC Asset

Management (India) Private Ltd.

Mutual Fund investments are subject to market risks, read all scheme related documents carefully.

HSBCAsset Management (India) Private Limited,

16, V.N. Road, Fort, Mumbai-400001

Email: [email protected]

Website: www.assetmanagement.hsbc.com/in

Statutory Details & Disclaimers

hsbc equity factsheet oct · after the interest rate cut decision by the reserve bank of india...

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