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Sunday, 19 Jul 2026 · IST
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HSBC

HSBC Global Emerging Market Fund - Growth Direct

Latest NAV
₹36.7534
As of
17 Jul 2026
3,009 NAV records on file
Category
Fund of Funds - Overseas
Plan type
Growth
Structure
Close-ended
AMFI Scheme Code
120043
ISIN (Growth)
INF336L01CJ3
ISIN (Dividend)

NAV history & peer comparison

All NAVs split-adjusted and normalised to 100 at the start of the selected period, so funds with very different absolute NAV scales can be compared on one axis.

Period
No matches.

Compares up to 8 funds. Click any line in the legend above to hide/show it.

Returns matrix

Fund return alongside the category average and peer rank for every standard window. Returns under one year are absolute; one year and longer are compound annualised (CAGR).

Window Fund Category avg +/− vs avg Rank Quartile
1D -2.72% -1.18% -1.54 48 / 54 Q4
1W -3.44% -1.17% -2.26 43 / 54 Q4
2W -5.18% -1.37% -3.81 46 / 54 Q4
1M -8.17% -1.71% -6.46 48 / 54 Q4
3M +6.82% +4.66% +2.17 19 / 54 Q2
6M +17.89% +11.10% +6.80 8 / 53 Q1
YTD +26.78% +14.48% +12.30 1 / 53 Q1
1Y +55.62% +33.38% +22.24 5 / 53 Q1
2Y +32.71% +22.93% +9.78 5 / 53 Q1
3Y +25.24% +21.26% +3.98 14 / 48 Q2
4Y +18.98% +21.08% -2.10 30 / 46 Q3
5Y +11.49% +12.19% -0.69 20 / 34 Q3
7Y +14.19% +14.39% -0.21 13 / 22 Q3
10Y +12.55% +12.42% +0.13 9 / 17 Q3
Inception +9.00% +13.67% -4.67 40 / 53 Q4

Quartile legend: Q1 top 25%  Q2 25-50%  Q3 50-75%  Q4 bottom 25%

Calendar-year returns

Full-year performance vs category average. Current year is partial (year-to-date).

Year Fund Category avg +/− vs avg Rank
2026 YTD +26.78% +14.91% +11.88 1 / 51
2025 +43.95% +31.15% +12.80 6 / 51
2024 +11.18% +14.98% -3.81 31 / 50
2023 +4.38% +24.15% -19.77 40 / 45
2022 -14.52% -13.20% -1.32 21 / 36
2021 -3.24% +10.92% -14.15 21 / 26
2020 +25.97% +18.52% +7.45 7 / 24
2019 +25.82% +26.40% -0.58 10 / 24
2018 -11.22% -5.89% -5.33 20 / 24
2017 +26.17% +15.34% +10.82 4 / 24
2016 +15.18% +19.81% -4.63 7 / 17

Rolling returns

Removes start-date bias by averaging CAGR over every overlapping N-year window in the fund's history. Higher average plus tight min/max plus high "% positive" = consistent.

1-Year rolling
+10.42%
153 windows
min -22.3% · max 74.9%
67% positive
3-Year rolling
+7.38%
129 windows
min -7.1% · max 29.6%
85% positive
5-Year rolling
+7.52%
105 windows
min 1.8% · max 20.3%
100% positive
7-Year rolling
+7.76%
80 windows
min 2.9% · max 15.8%
100% positive

SIP returns — historical "what if"

If you had invested every month in this fund over the chosen period, this is what your investment would be worth today.

Period
Total invested
Today's value
XIRR
Annualised
Wealth multiplier
Period Total invested Today's value XIRR Wealth multiplier

XIRR is the annualised internal rate of return on the SIP cash flow — invariant to the monthly amount. "Today's value" and "Total invested" scale linearly with the slider. Past performance does not guarantee future returns. Excludes exit load and taxes.

Risk profile

Risk-adjusted return and volatility, computed from monthly NAV returns over the trailing 3-year and 5-year windows.

Std deviation
16.77%
3-year · annualised
Sharpe ratio
1.05
vs risk-free 6.5%
Sortino ratio
2.14
Downside-only deviation
Max drawdown
-14.66%
Feb 2025 → Apr 2025
% positive months
66.7%
Share of monthly returns > 0 over the 3-year window

Sharpe / Sortino use a risk-free rate of 6.5% (1-year T-bill proxy). Higher Sharpe = more return per unit of total risk; higher Sortino = more return per unit of downside risk.

Peers in Fund of Funds - Overseas

Recent NAVs

Date NAV
17 Jul 2026 ₹36.7534
16 Jul 2026 ₹37.7802
15 Jul 2026 ₹38.3209
14 Jul 2026 ₹37.5916
13 Jul 2026 ₹37.4300
10 Jul 2026 ₹38.0610
9 Jul 2026 ₹37.8880
8 Jul 2026 ₹37.5088
7 Jul 2026 ₹37.9607
6 Jul 2026 ₹38.8716

Frequently asked questions

These answers are generated from this fund's live metrics — NAV, returns, peer rank, drawdown, SIP backtest. Numbers refresh nightly after AMFI's NAV feed lands.

As of 17 Jul 2026, the NAV of HSBC Global Emerging Market Fund - Growth Direct is ₹36.7534. It's a Fund of Funds - Overseas from HSBC, run as a Direct plan Growth option. NAVs update once per business day from the AMFI feed.
HSBC Global Emerging Market Fund - Growth Direct has NAV history starting from 03 Jan 2013, a track record of about 13 years 6 months. That's enough history to evaluate the fund across one or two market cycles. Look at rolling returns rather than point-to-point to judge consistency.
HSBC Global Emerging Market Fund - Growth Direct is managed by HSBC. It's classified by AMFI under the 'Fund of Funds - Overseas' SEBI category, which determines its peer set and tax treatment.
Over the trailing 1-year window, HSBC Global Emerging Market Fund - Growth Direct has delivered a absolute return of 55.62% — +22.24 pp ahead of the Fund of Funds - Overseas category average of 33.38%. The fund ranks #5 of 53 in its category — the top (Q1) quartile.
Over the trailing 3-year window, HSBC Global Emerging Market Fund - Growth Direct has delivered a CAGR of 25.24% — +3.98 pp ahead of the Fund of Funds - Overseas category average of 21.26%. The fund ranks #14 of 48 in its category — the second (Q2) quartile.
Over the trailing 5-year window, HSBC Global Emerging Market Fund - Growth Direct has delivered a CAGR of 11.49% — -0.69 pp behind the Fund of Funds - Overseas category average of 12.19%. The fund ranks #20 of 34 in its category — the third (Q3) quartile.
₹1 lakh invested in HSBC Global Emerging Market Fund - Growth Direct exactly 10 years ago would be worth approximately ₹326,112 today — a multiplier of 3.26×, based on the 10-year CAGR of 12.55%. The category average over the same window would have grown ₹1 lakh to ₹322,499.
A ₹10,000 monthly SIP in HSBC Global Emerging Market Fund - Growth Direct over the last 5 years — total invested ₹600,000 — would be worth ₹1,067,779 today. That's an XIRR (money-weighted annualised return) of 23.25%.
A ₹10,000 monthly SIP for 10 years in HSBC Global Emerging Market Fund - Growth Direct = ₹1,200,000 invested. It would currently be worth ₹2,561,964 (multiplier 2.13×). XIRR: 14.51%. Long-horizon SIP results matter more than point-to-point returns because they smooth out entry timing.
On a 5-year basis, HSBC Global Emerging Market Fund - Growth Direct ranks #20 out of 34 funds in the Fund of Funds - Overseas category — that places it in the third quartile (Q3) — below the median. The category average return over the same window is 12.19%; this fund delivered 11.49%.
The worst peak-to-trough decline HSBC Global Emerging Market Fund - Growth Direct has experienced over the last 5-year window is 27.82% — its NAV fell from a high on 06 Sep 2021 to a low on 31 Oct 2022. Drawdown is a useful gauge of how much short-term pain you'd have endured to capture the long-term return.
Across all 5-year rolling windows, HSBC Global Emerging Market Fund - Growth Direct averaged 7.52% (best 20.25%, worst 1.79%). 100% of rolling windows ended positive. The 5-year Sharpe ratio is 0.33 — weak risk-adjusted performance.
In calendar year 2025, HSBC Global Emerging Market Fund - Growth Direct returned 43.95% — beating the Fund of Funds - Overseas category average of 31.15% by 12.80 pp. It ranked #6 of 51 in its category that year.
HSBC Global Emerging Market Fund - Growth Direct doesn't fit cleanly into the standard Equity/Debt buckets in our taxonomy. Tax treatment depends on actual asset allocation as disclosed by the AMC — check the factsheet or AMFI's classification table.
We don't give personal investment advice. HSBC Global Emerging Market Fund - Growth Direct is suitable for an investor whose:
  • understands what asset class this scheme actually invests in (check the factsheet)
  • matches that asset class's volatility profile to their goal horizon
Cross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 27.8%. 5-year CAGR: 11.49%.

Educational content only — not investment advice. Tax rules summarised above reflect Budget 2024; consult a qualified adviser before transacting.

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