FoFFoF OverseasDirectGrowthVery High

HSBC Asia Pacific (Ex Japan) Dividend Yield Fund

Q: What is the NAV of HSBC Asia Pacific (Ex Japan) Dividend Yield Fund?

As of 30 Sep 2026, the NAV of HSBC Asia Pacific (Ex Japan) Dividend Yield Fund is ₹39.68 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

Q: What returns has HSBC Asia Pacific (Ex Japan) Dividend Yield Fund delivered?

HSBC Asia Pacific (Ex Japan) Dividend Yield Fund has returned +31.83% over 1 year, +27.86% per year over 3 years, +15.12% per year over 5 years and +11.59% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.

Q: What is the expense ratio of HSBC Asia Pacific (Ex Japan) Dividend Yield Fund?

HSBC Asia Pacific (Ex Japan) Dividend Yield Fund charges an expense ratio of 0.82% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.

Q: How risky is HSBC Asia Pacific (Ex Japan) Dividend Yield Fund?

HSBC Asia Pacific (Ex Japan) Dividend Yield Fund is rated very high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 18.3% and its worst peak-to-trough fall in our sample was -27.3%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

Q: What does the Sharpe ratio of 1.17 mean?

The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. HSBC Asia Pacific (Ex Japan) Dividend Yield Fund's 1.17 means it has rewarded its volatility with excess return. Higher is better.

Q: What is the benchmark of HSBC Asia Pacific (Ex Japan) Dividend Yield Fund?

HSBC Asia Pacific (Ex Japan) Dividend Yield Fund is benchmarked against the MSCI AC Asia Pacific ex Japan TRI. Its alpha and beta on this page are measured against that index.

Q: Who manages HSBC Asia Pacific (Ex Japan) Dividend Yield Fund?

HSBC Asia Pacific (Ex Japan) Dividend Yield Fund is managed by Sonal Gupta at HSBC.

Q: How is HSBC Asia Pacific (Ex Japan) Dividend Yield Fund taxed?

HSBC Asia Pacific (Ex Japan) Dividend Yield Fund is a non-equity fund (a fund-of-funds, gold, international or balanced-hybrid scheme). Since FY 2025-26 it's no longer taxed like a pure-debt fund: gains on units held more than 2 years are long-term, taxed at 12.5% (no indexation, no ₹1.25 lakh exemption); units held 2 years or less are taxed at your income-tax slab rate.

HSBC Mutual Fund · Best International Fund of Funds

NAV

₹39.68

-0.35% 1D

as of 30 Sep 2026

This is the Direct plan of HSBC Asia Pacific (Ex Japan) Dividend Yield Fund — bought from the fund house, with no distributor commission in its expense ratio. Income is retained in the fund, so it shows up as NAV rather than as a payout.

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NAV history

+31.83%absolute

52-week rangePrev NAV ₹39.82

Latest ₹39.68

Low ₹29.6280th percentile of its 52-week rangeHigh ₹42.18

Scorecard

★★★☆☆3/5 vs 47 of 51 FoF Overseas peers

Performance 60%
Risk 15%
Cost 10%
Downside 15%

How this is computed

Each verdict is computed from this fund's own metrics against its sub-category — the number behind it is shown, not a black-box rating. The stars weight the same ground 60/15/10/15 (performance/risk/cost/downside) across every fund in the peer group. Ranked within FoF Overseas (same plan and option). 47 of the 51 FoF Overseas funds in this cohort carry the full record the stars need, so they are the ones ranked against.

PerformanceStrong

3Y CAGR +27.86% · ranks 16 of 47 FoF Overseas funds

RiskModerate

Volatility 18.3% vs 17.8% category avg

CostHigh

0.8% expense vs 0.6% category avg

ConsistencyHigh

97% of rolling 3Y windows were positive

Strengths & concerns

Generated from this fund's own numbers against its sub-category — each point names the figure behind it.

Strengths

Ahead of the FoF Overseas average on 3M/6M/1Y — 1Y by 10.02pp
3-year return (+27.86%) beats the FoF Overseas average (+25.16%)
5-year return (+15.12%) beats the FoF Overseas average (+13.20%)
Stronger risk-adjusted returns — Sharpe 1.17 vs 0.98 FoF Overseas average
Consistent — positive in 97% of rolling 3-year windows

Concerns

High expense ratio (0.82%) vs the FoF Overseas average of 0.62%

Key Metrics

Annual fee charged by the fund, already deducted from NAV

0.82%

Category 0.62%▲0.20%

Portfolio-weighted harmonic mean P/E across the fund's equity holdings

—

Category —

Excess return per unit of total volatility (rf = 6.5%)

1.17

Category 0.98▲0.19

Scheme Info

Definitions

Plan

Direct · Growth

Period before units can be redeemed — 3 years for ELSS, none for most open-ended funds

None

i) In respect of each purchase /switch-in of Units, an Exit Load of 1% is payable if Units are redeemed / switched-out within 1 year from the date of allotment ii) No Exit Load will be charged, if Units are redeemed/switched-out after 1 year from the date of allotment. The exit loads set forth above is subject to change at the discretion of the AMC and such changes shall be implemented prospectively. Entry / Exit load is not applicable for Segregated Portfolio

Up to 1.00%

tiered — see the full terms

Statutory levy on every mutual-fund purchase since 1 Jul 2020 (SEBI / Govt of India) — the same for every scheme

0.005%

SIP Inv.

Allowed

Smallest recurring SIP instalment the scheme accepts

₹500

Smallest one-time (lumpsum) investment the scheme accepts

₹5,000

MSCI AC Asia Pacific ex Japan TRI

Start of our NAV history for this plan. Direct plans begin 1 Jan 2013, so this is the plan's inception — not necessarily the scheme's original launch date.

28 Feb 2014

Period returns (<1Y, absolute — not annualized)

Definitions

Absolute return over the last 1 month (not annualized)

-0.90%

Absolute return over the last 3 months (not annualized)

+2.35%

Absolute return over the last 6 months (not annualized)

+18.62%

Absolute return since 1 Jan of this year (not annualized)

+25.00%

Annualized returns (≥1Y — CAGR)

Definitions

1-year point-to-point return, annualized (CAGR)

+31.83%

3-year annualized return (CAGR)

+27.86%

5-year annualized return (CAGR)

+15.12%

10-year annualized return (CAGR)

+13.41%

Annualized return (CAGR) since the first NAV we hold for this plan — the Inception date under Key metrics. AMFI's history starts in April 2006, so an older scheme is measured from there.

+11.59%

Advanced metrics — risk

Risk (trailing 3Y)

Definitions

Annualized standard deviation of daily returns

18.30%

Excess return per unit of total volatility (rf = 6.5%)

1.17

Excess return per unit of downside deviation — upside swings aren't penalized (rf = 6.5%)

1.68

Largest peak-to-trough decline over full history

-27.26%

Benchmark ratios

Not shown for FoF Overseas — a debt, arbitrage or cash-like fund isn't measured against an equity index, so alpha/beta vs one would be noise rather than signal.

Fund vs category average (FoF Overseas)

Period	Fund	Category avg.	Diff
1M abs	-0.90%	+0.31%	-1.21%
3M abs	+2.35%	+0.78%	+1.57%
6M abs	+18.62%	+13.82%	+4.80%
1Y CAGR	+31.83%	+21.81%	+10.02%
3Y CAGR	+27.86%	+25.16%	+2.70%
5Y CAGR	+15.12%	+13.20%	+1.92%

Category average across peers in FoF Overseas (up to 51 funds with data), same plan and option, excluding this fund. Under-1-year figures are absolute; 1Y and beyond are annualised (CAGR).

Not sure what a figure means? The glossary explains every metric, and the methodology shows the formulas.

Category rank

Vs 51 peers in FoF Overseas

1Y return

+31.83%

Beats 78% · rank #12

3Y return

+27.86%

Beats 67.4% · rank #16

5Y return

+15.12%

Beats 63.6% · rank #13

Sharpe

1.17

Beats 67.4% · rank #16

Sortino

1.68

Beats 65.2% · rank #17

Backtest this fund

What a SIP or one-time investment would have grown to over this fund’s real NAV history.

Monthly investment (₹)

Period

Invested

₹6.00L

Current value

₹10.56L

Absolute

+75.97%

XIRR

+23.49%

Value vs. invested

ValueInvested

60 monthly installments of ₹10,000 into HSBC Asia Pacific (Ex Japan) Dividend Yield Fund, valued at the latest NAV. XIRR annualizes for each installment’s timing.

Calendar-year returns

What the fund actually returned in each year, not the smoothed average.

Year	Fund
2026part	+25.00%
2025	+37.64%
2024	+13.70%
2023	+10.13%
2022	-7.87%
2021	+5.63%
2020	+15.40%
2019	+23.06%
2018	-3.11%
2017	+24.90%

January–December, from this fund's NAV history. Absolute return, not annualised. “part” marks a year the fund didn't run end to end — its first year, the current year so far, or one it stopped reporting in.

Recent changes

Expense-ratio, fund-manager, exit-load and minimum-investment changes we've picked up in the last 30 days.

Fund manager change — now managed by Prakriti Banka; Sonal Gupta stepped away
24 Sep 2026

History points

2,900

Expense ratio

0.82%

AUM

₹72.03Cr

Exit load

Taxation

Taxed as non-equity

This is a non-equity fund — a fund-of-funds, gold/silver, international or balanced-hybrid scheme. It isn't equity-oriented, but since FY 2025-26 it's no longer taxed like a pure-debt fund either: gains held over 2 years get the 12.5% long-term rate; shorter holdings are taxed at your income-tax slab rate.

Short-term

30%

Held under 2 years

Added to your income at your slab rate

Long-term (LTCG)

12.5%

Held 2 years or more

No indexation, no ₹1.25 L exemption

Your income-tax slab

Sets the short-term (slab-rate) figure above.

Applies to capital gains on redemption. Excludes IDCW/dividend tax, STT, surcharge and cess, and pre-2018 equity grandfathering. For research only — consult a tax advisor before filing.

Peer comparison · FoF Overseas

Compare all


HSBC Asia Pacific (Ex Japan) Dividend Yield FundThis fund HSBC · Direct · Growth	★★★☆☆	+31.83%	+27.86%	+15.12%	—	0.82%	₹72.03Cr
DSP World Gold Mining Overseas Equity Omni FoF DSP · Direct · Growth	★★★☆☆	+28.42%	+56.56%	+30.38%	—	1.75%	₹1,695Cr
Mirae Asset Global X Artificial Intelligence & Technology ETF Fund of Fund Mirae Asset · Direct · Growth	★★★★★	+42.26%	+41.00%	—	—	0.11%	—
ICICI Prudential Strategic Metal and Energy Equity Fund of Fund ICICI Prudential · Direct · Growth	★★★★★	+48.83%	+34.95%	—	—	0.22%	₹280.94Cr
Navi NASDAQ100 US Specific Equity Passive FOF Navi · Direct · Growth	★★★★★	+33.81%	+34.10%	—	—	0.26%	₹1,208Cr
Kotak US Specific Equity Passive FOF Kotak Mahindra · Direct · Growth	★★★★☆	+32.89%	+33.69%	+21.75%	—	0.34%	₹4,327Cr

Worst falls, and the wait to get back

How far this fund has dropped from a high, and how long it took to reclaim it.

-27.3%14 Jan 2020 → 19 Mar 2020
Fell over 2 months, back to the old high on 29 Jul 2020 — 4 months under water after the low.
-25.2%11 Feb 2022 → 31 Oct 2022
Fell over 9 months, back to the old high on 13 Mar 2024 — 16 months under water after the low.
-23.7%27 Apr 2015 → 21 Jan 2016
Fell over 9 months, back to the old high on 13 Jan 2017 — 12 months under water after the low.

Measured on this fund’s own NAV history, peak to trough to the day it regained the peak. Falls shallower than 5% are left out. A recovery date is when the NAV got back, not when any particular investor did — that depends on when they bought.

Fund size over time

Quarterly average AUM · AMFI

₹72.03Cr

April - June 2026

+12%

since January - March 2026

+₹11.40L

est. net flow, last quarter

At or near its largest, ₹72.03Cr in April - June 2026. Size matters most where the mandate is narrow — a large small-cap or a very large flexi-cap book is harder to move without moving the price.

Net flow is an estimate: AMFI publishes a quarterly average AUM, not a closing balance, and it covers every plan and option of this scheme together, so it is a read on direction and rough size rather than a cash-flow statement.

AMC Profile

HSBC Mutual Fund is the Indian arm of HSBC Asset Management and has operated here since 2002. It roughly tripled in size by acquiring L&T Mutual Fund in 2022 and merging the two line-ups.

Launched

26 May 2002

Total AUM

₹1,56,995Cr+9.8% QoQ

Avg AUM · July - September 2026

Website

assetmanagement.hsbc.co.in/en

Fund Managers

SGSonal GuptaStart date not disclosed

Role

Head of Research – Equity

Education

CFA Charter from CFA Institute, USA Post Graduate Diploma in Management from Indian Institute of Management, Bangalore. Bachelors in Mechanical Engineering, Delhi College of Engineering, Delhi University

Experience

Over 22 years of experience HSBC Asset Management (India) Private. Limited as Head Research – Equities (Since November 26, 2022) Prior Assignments: L&T Investment Management Limited as Head of Research – Equity from June 1, 2021 to November 25, 2022 UBS Securities India Pvt Ltd from June 19, 2006 till May 28, 2021 [Director – Equity Research (since Mar’ 2010)]

Funds managed (4)

All schemes Sonal Gupta runs →

Fund manager, benchmark and dealing terms from this scheme's SEBI-filed Scheme Information Document on AMFI. Each manager's qualifications and role are reconciled across every filing this fund house makes for them, including its Statement of Additional Information. Total AUM via AMFI.

Explore from here

Fund managers

Sonal Gupta

HSBC in the news

Headlines about the fund house, not this scheme in particular — highlights only; tap through to read the full story at the source.

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Returns and risk are computed from NAV history and may differ slightly from other portals due to methodology (rolling vs point-to-point, dividend treatment). For research only — not investment advice.

Frequently asked questions

What is the NAV of HSBC Asia Pacific (Ex Japan) Dividend Yield Fund?

As of 30 Sep 2026, the NAV of HSBC Asia Pacific (Ex Japan) Dividend Yield Fund is ₹39.68 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

What returns has HSBC Asia Pacific (Ex Japan) Dividend Yield Fund delivered?

HSBC Asia Pacific (Ex Japan) Dividend Yield Fund has returned +31.83% over 1 year, +27.86% per year over 3 years, +15.12% per year over 5 years and +11.59% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.

What is the expense ratio of HSBC Asia Pacific (Ex Japan) Dividend Yield Fund?

HSBC Asia Pacific (Ex Japan) Dividend Yield Fund charges an expense ratio of 0.82% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.

How risky is HSBC Asia Pacific (Ex Japan) Dividend Yield Fund?

HSBC Asia Pacific (Ex Japan) Dividend Yield Fund is rated very high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 18.3% and its worst peak-to-trough fall in our sample was -27.3%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

What does the Sharpe ratio of 1.17 mean?

The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. HSBC Asia Pacific (Ex Japan) Dividend Yield Fund's 1.17 means it has rewarded its volatility with excess return. Higher is better.

What is the benchmark of HSBC Asia Pacific (Ex Japan) Dividend Yield Fund?

HSBC Asia Pacific (Ex Japan) Dividend Yield Fund is benchmarked against the MSCI AC Asia Pacific ex Japan TRI. Its alpha and beta on this page are measured against that index.

Who manages HSBC Asia Pacific (Ex Japan) Dividend Yield Fund?

HSBC Asia Pacific (Ex Japan) Dividend Yield Fund is managed by Sonal Gupta at HSBC.

How is HSBC Asia Pacific (Ex Japan) Dividend Yield Fund taxed?

HSBC Asia Pacific (Ex Japan) Dividend Yield Fund is a non-equity fund (a fund-of-funds, gold, international or balanced-hybrid scheme). Since FY 2025-26 it's no longer taxed like a pure-debt fund: gains on units held more than 2 years are long-term, taxed at 12.5% (no indexation, no ₹1.25 lakh exemption); units held 2 years or less are taxed at your income-tax slab rate.