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HSBC Mutual Fund

HSBC Global Emerging Markets Fund

HSBC Mutual Fund · Direct plan · Growth

3-year returns
28.8%
a year
NAV
₹38.10
▲ 1.68% · 18 Sept 2026
Fund size
₹519 Cr
Expense ratio
1.35%
a year

Figures are for the Direct plan. The Regular plan, bought through a distributor, is at ₹34.57 and has returned 27.96% a year over 3 years.

Returns, and where it stands

Against the average fund of funds (overseas), and its place among them. Anything longer than a year is a yearly rate.

PeriodThis fundCategoryRank
1 year42.8%23.9%ahead5 of 48
3 years28.8%23.6%ahead10 of 43
5 years12.6%13%behind18 of 32
10 years12.6%13%behind9 of 17
Every period, and the Regular plan →
PeriodDirectRegular
1 month0.2%0.2%
3 months-5.1%-5.3%
6 months16.5%16%
1 year42.8%41.8%
2 yearsp.a.37.6%36.7%
3 yearsp.a.28.8%28%
5 yearsp.a.12.6%11.9%
7 yearsp.a.14.6%13.8%
10 yearsp.a.12.6%11.8%

Figures are for the Direct plan, and the rank compares it against the same plan of its peers, best first. Based on NAV history from Sept 2016.

Plan

NAV history

▲ 42.8% in the last 1Y

26.733.841.018 Sept 202520 Mar 202618 Sept 2026

Hover or tap the chart for the NAV on any date. Past NAVs are adjusted for unit splits.

If you had invested in this fund

Investment type
years
Total invested
₹1,80,000
Gain
₹1,19,352
XIRR (per year)
36.12%
Value today
₹2,99,352

36 monthly instalments from 22 Sept 2023, valued at the latest NAV. Past returns do not guarantee future returns.

What the ride has been like

Worked out from this fund's own NAV history, not a rating.

How bumpy
19.9% a year
1.8% more than the category average — the bumpier side
Worst fall so far
−34.6%
Feb 2021 to Oct 2022, against −29.7% for the category.
Years that made money
70.6%
Of every one-year stretch it has been through.
Over any three years
-9.1% to 32.3%
A year, at worst and at best. Typically 8.5%.

Fund details

Minimum top-up
₹1,000
Lock-in
None
Plan started
2 Jan 2013
Expense ratio
1.35%
as of 31 Jul 2026

Managed by Prakriti Banka

Direct plan figures, last checked on 20 Sept 2026. Exit load and the scheme's benchmark are in thescheme document.

How it compares

HSBC Global Emerging Markets Fund against other funds in the Fund of Funds (Overseas) category
Fund1Y3Y5YExpenseFund size
DSP World Gold Mining Overseas Equity Omni FoF57.46%56.87%31.69%2.61%₹1,828 Cr
Mirae Asset Global X Artificial Intelligence & Technology ETF Fund of Fund42.68%38.19%0.69%₹480 Cr
ICICI Prudential Strategic Metal and Energy Equity Fund of Fund65.43%35.15%0.98%₹328 Cr
Navi NASDAQ100 US Specific Equity Passive FOF31.85%31.11%0.16%₹1,252 Cr
Kotak US Specific Equity Passive FOF30.42%30.61%20.25%0.64%₹4,542 Cr
Invesco India - Invesco EQQQ Nasdaq-100 ETF Fund of Fund30.39%30.44%0.4%₹469 Cr
HSBC Global Emerging Markets Fund42.8%28.83%12.63%1.35%₹519 Cr

About HSBC Global Emerging Markets Fund

HSBC Global Emerging Markets Fund is a fund of funds (overseas) managed by HSBC Mutual Fund. Fund of funds that invest in international mutual funds or ETFs, giving exposure to markets such as the US.

The primary investment objective of the Scheme is to provide long term capital appreciation by investing predominantly in units/shares of HSBC Global Investment Funds - Global Emerging Markets Equity Fund. 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. However, there can be no assurance or guarantee that the investment objective of the scheme would be achieved.

The scheme's stated objective, as published by HSBC Mutual Fund.

The NAV (net asset value) is the price of one unit of the fund. It is published by the fund house every business day and changes with the value of the fund's holdings. The Growth option reinvests all gains, so its NAV reflects the fund's total return.

Tax on your gains

How gains are taxed depends on what the scheme holds — equity, debt, gold or units of other funds each follow different rules. The scheme document states which applies.

Work out what you would owe with the capital gains tax calculator.

Every plan and option, with scheme codes
PlanOptionNAVScheme code
DirectGrowth₹38.0967120043
DirectIDCW₹30.036120044
RegularGrowth₹34.5742107988
RegularIDCW₹24.3917107989

Frequently asked questions

What is the NAV of HSBC Global Emerging Markets Fund today?

The NAV of HSBC Global Emerging Markets Fund (Direct plan, Growth) is ₹38.0967 and the Regular plan NAV is ₹34.5742, as of 18 Sept 2026.

What returns has HSBC Global Emerging Markets Fund given?

Over the last year the Direct plan returned 42.8%, and 28.83% a year over 3 years and 12.63% a year over 5 years. That places it 10 of 43 funds in its category over 3 years. Past returns do not guarantee future returns.

What is the expense ratio of HSBC Global Emerging Markets Fund?

The Direct plan charges 1.35% a year, as disclosed on 31 Jul 2026. The fee is already taken out of the NAV, so the returns above are what you keep.

How much has HSBC Global Emerging Markets Fund fallen in the past?

Its deepest fall was 34.6% from 16 Feb 2021 to 31 Oct 2022. Of every one-year stretch in its history, 71% ended in a gain.

Which category does HSBC Global Emerging Markets Fund belong to?

It is a Fund of Funds (Overseas) from HSBC Mutual Fund. Fund of funds that invest in international mutual funds or ETFs, giving exposure to markets such as the US.

What is the difference between the Direct and Regular plan?

Both invest in the same portfolio. The Direct plan is bought straight from the fund house or a direct platform and has a lower expense ratio because no distributor commission is paid, so its NAV grows slightly faster over time.

How are gains from HSBC Global Emerging Markets Fund taxed?

How gains are taxed depends on what the scheme holds — equity, debt, gold or units of other funds each follow different rules. The scheme document states which applies.

Source: NAVs published by the fund house through AMFI. Mutual fund investments are subject to market risks; read all scheme-related documents carefully. Past performance does not guarantee future returns. This page is for information only and is not a recommendation to buy or sell.