About HSBC Small Cap Fund
HSBC Small Cap Fund is a small cap fund managed by HSBC Mutual Fund. Invest at least 65% in smaller companies (ranked beyond 250). The highest growth potential among diversified equity funds, and the most volatile; best held for 7 years or more.
To generate long term capital growth from an actively managed portfolio of equity and equity related securities of predominantly small cap companies. However, it could move a portion of its assets towards fixed income securities if the fund manager becomes negative on the Indian equity markets. 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
Gains are taxed as equity: sell within 12 months and the gain is short-term, taxed at 20%. Hold longer and it is long-term, taxed at 12.5% on gains above ₹1.25 lakh in a financial year, across all your equity investments.
Work out what you would owe with the capital gains tax calculator.
Every plan and option, with scheme codes
| Plan | Option | NAV | Scheme code |
|---|---|---|---|
| – | Growth | ₹101.8116 | 151130 |
| – | Growth | ₹40.9104 | 151131 |
| – | Growth | ₹48.3458 | 151132 |
| – | Growth | ₹90.4048 | 151133 |
Frequently asked questions
What is the NAV of HSBC Small Cap Fund today?
The NAV of HSBC Small Cap Fund (Regular plan, Growth) is ₹101.8116, as of 13 Nov 2026.
What returns has HSBC Small Cap Fund given?
Over the last year the Regular plan returned 13.78%, and 13.37% a year over 3 years. That places it 12 of 26 funds in its category over 3 years. Past returns do not guarantee future returns.
What is the expense ratio of HSBC Small Cap Fund?
The Regular plan charges 0.77% 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.
What is the minimum SIP amount in HSBC Small Cap Fund?
You can start a monthly SIP with ₹500, or invest a lump sum of ₹5,000 or more.
How much has HSBC Small Cap Fund fallen in the past?
Its deepest fall was 27.2% from 11 Dec 2024 to 3 Mar 2025. Of every one-year stretch in its history, 73% ended in a gain.
Which category does HSBC Small Cap Fund belong to?
It is a Small Cap Fund from HSBC Mutual Fund. Invest at least 65% in smaller companies (ranked beyond 250). The highest growth potential among diversified equity funds, and the most volatile; best held for 7 years or more.
How are gains from HSBC Small Cap Fund taxed?
Gains are taxed as equity: sell within 12 months and the gain is short-term, taxed at 20%. Hold longer and it is long-term, taxed at 12.5% on gains above ₹1.25 lakh in a financial year, across all your equity investments.
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.