FoFFoF DomesticRegularIDCWHigh

HSBC Gold ETF Fund of Fund

Q: What is the NAV of HSBC Gold ETF Fund of Fund?

As of 06 Oct 2026, the NAV of HSBC Gold ETF Fund of Fund is ₹10.09 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

Q: What returns has HSBC Gold ETF Fund of Fund delivered?

HSBC Gold ETF Fund of Fund has returned -0.64% 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 Gold ETF Fund of Fund?

HSBC Gold ETF Fund of Fund charges an expense ratio of 0.44% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.

Q: What are the top holdings of HSBC Gold ETF Fund of Fund?

HSBC Gold ETF Fund of Fund's largest holdings are HSBC Mutual Fund (99.2%). Holdings are disclosed monthly and change over time.

Q: How risky is HSBC Gold ETF Fund of Fund?

HSBC Gold ETF Fund of Fund is rated high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 20.1% and its worst peak-to-trough fall in our sample was -12.2%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

Q: What is the benchmark of HSBC Gold ETF Fund of Fund?

HSBC Gold ETF Fund of Fund is benchmarked against the Domestic Prices of Gold. Its alpha and beta on this page are measured against that index.

Q: Who manages HSBC Gold ETF Fund of Fund?

HSBC Gold ETF Fund of Fund is managed by Dipan S Parikh at HSBC.

Q: How is HSBC Gold ETF Fund of Fund taxed?

HSBC Gold ETF Fund of 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 Domestic Fund of Funds

NAV

₹10.09

-0.02% 1D

as of 06 Oct 2026

This is the Regular plan of HSBC Gold ETF Fund of Fund — bought through a distributor, whose commission is paid out of its expense ratio. Income is distributed, which is why this NAV sits below the growth plan of the same fund.

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This is the IDCW (dividend) option — it pays its earnings out as dividends rather than reinvesting them, so every payout steps the NAV down and the return figures below leave those payouts out. Your actual return was higher by whatever was distributed. That’s expected for a payout plan, not missing data.

View the Growth plan for compounded returns

Performance

-0.64%absolute

52-week rangePrev NAV ₹10.09

Latest ₹10.09

Low ₹9.6035th percentile of its 52-week rangeHigh ₹11.01

Key Metrics

Annual fee charged by the fund, already deducted from NAV

0.44%

Category —

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

—

Category —

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

—

Category —

Scheme Info

Definitions

Plan

Regular · IDCW

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 15 days from the date of allotment. ii. No Exit Load will be charged, if Units are redeemed / switched-out after 15 days from the date of allotment. • Withdrawal within 15 days from the date of allotment under SWP may also attract an Exit Load like any Redemption. • No Exit load will be chargeable in case of switches made between different plans and options within the Scheme. • No Exit load will be chargeable in case of Units allotted on account of IDCW reinvestments, if any. • Exit load is not applicable for Segregated Portfolio. The exit load set forth above is subject to change at the discretion of the AMC and such changes shall be implemented prospectively.

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

Domestic Prices of Gold

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.

07 Apr 2026

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

Definitions

Absolute return over the last 1 month (not annualized)

-4.30%

Absolute return over the last 3 months (not annualized)

+1.44%

Absolute return over the last 6 months (not annualized)

-0.64%

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

-0.64%

Annualized returns (≥1Y — CAGR)

Definitions

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

—

3-year annualized return (CAGR)

—

5-year annualized return (CAGR)

—

10-year annualized return (CAGR)

—

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.

-0.64%

Advanced metrics — risk and benchmark ratios

Risk (trailing 3Y)

Definitions

Annualized standard deviation of daily returns

20.14%

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

—

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

—

Largest peak-to-trough decline over full history

-12.21%

Benchmark ratios (vs Gold · 36 monthly returns)

Definitions

Jensen's alpha (annualized): return above what CAPM predicts for the fund's beta vs Gold

—

Sensitivity to Gold moves; 1 = moves with the index

—

How much of the fund's movement Gold explains

—

Excess return per unit of beta (market risk)

—

Active return over the benchmark per unit of tracking error

—

Annualized std dev of fund-minus-benchmark returns

—

Fund's share of benchmark gains in up months (100 = matches index)

—

Fund's share of benchmark losses in down months (lower is better)

—

Computed vs the Gold over the last 36 complete months — the closest match to this fund's mandate. TRI means dividends reinvested, as they are in the fund's own NAV; ₹ means a US index converted at each day's USD/INR, since the fund is priced in rupees. Needs ~3 years of history; a low R² means the fund tracks the index loosely.

Fund vs category average (FoF Domestic)

Period	Fund	Category avg.	Diff
1M abs	-4.30%	—	—
3M abs	+1.44%	—	—
6M abs	-0.64%	—	—
1Y CAGR	—	—	—
3Y CAGR	—	—	—
5Y CAGR	—	—	—

Category average across peers in FoF Domestic, 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.

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

₹50.00K

Current value

₹49.15K

Absolute

-1.69%

XIRR

-9.67%

Value vs. invested

ValueInvested

5 monthly installments of ₹10,000 into HSBC Gold ETF Fund of Fund, valued at the latest NAV. XIRR annualizes for each installment’s timing.

History points

125

Expense ratio

0.44%

AUM

₹377.49Cr

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 Domestic

Compare all


HSBC Gold ETF Fund of FundThis fund HSBC · Regular · IDCW	—	—	—	—	—	0.44%	₹377.49Cr
Nippon India Silver ETF FOF Nippon India · Regular · IDCW	—	+44.82%	+44.34%	—	—	0.49%	₹4,423Cr
ICICI Prudential Silver ETF FOF ICICI Prudential · Regular · IDCW	—	+45.47%	+44.10%	—	—	0.66%	₹6,311Cr
Axis Silver Fund of Fund Axis · Regular · IDCW	—	+45.44%	+44.03%	—	—	0.65%	₹1,235Cr
Aditya Birla Sun Life Silver ETF FOF Aditya Birla Sun Life · Regular · IDCW	—	+45.01%	+43.42%	—	—	0.65%	₹1,254Cr
Edelweiss Gold and Silver ETF FOF Edelweiss · Regular · IDCW	—	+29.86%	+37.96%	—	—	0.56%	₹3,144Cr

Asset allocation

As on 31 Aug 2026 · AMC disclosure

Other99.17%
Cash & Equivalents0.83%

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.

-12.2%13 May 2026 → 01 Jul 2026
Fell over 2 months, back to the old high on 24 Aug 2026 — 2 months under water after the low.
-8.8%24 Aug 2026 → 28 Sep 2026
Still below that high — 35 days down, and no recovery yet.

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

₹377.49Cr

July - September 2026

+1%

since April - June 2026

+₹19.42Cr

est. net flow, last quarter

At or near its largest, ₹377.49Cr in July - September 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

DPDipan S ParikhManaging since 19 Mar 2026

Role

Vice President – Dealing Equities

Education

Bachelor of Commerce

Experience

Over 29 years of experience of Dealing in Equity markets. HSBC Asset Management (India) Private Limited, as SVP - Dealing Equities (Since March 2025) as VP - Dealing Equities from September 2006 till February 2025 Karvy Stock Broking Private Limited, Institutional Dealer from July 2001 to September 2006

Funds managed (1)

HSBC Multi Asset Allocation Fund

All schemes Dipan S Parikh runs →

Fund managers from the AMC's filed Scheme Summary — its most recent filing for this scheme. 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.

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 Gold ETF Fund of Fund?

As of 06 Oct 2026, the NAV of HSBC Gold ETF Fund of Fund is ₹10.09 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.

What returns has HSBC Gold ETF Fund of Fund delivered?

HSBC Gold ETF Fund of Fund has returned -0.64% 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 Gold ETF Fund of Fund?

HSBC Gold ETF Fund of Fund charges an expense ratio of 0.44% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.

What are the top holdings of HSBC Gold ETF Fund of Fund?

HSBC Gold ETF Fund of Fund's largest holdings are HSBC Mutual Fund (99.2%). Holdings are disclosed monthly and change over time.

How risky is HSBC Gold ETF Fund of Fund?

HSBC Gold ETF Fund of Fund is rated high on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 20.1% and its worst peak-to-trough fall in our sample was -12.2%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.

What is the benchmark of HSBC Gold ETF Fund of Fund?

HSBC Gold ETF Fund of Fund is benchmarked against the Domestic Prices of Gold. Its alpha and beta on this page are measured against that index.

Who manages HSBC Gold ETF Fund of Fund?

HSBC Gold ETF Fund of Fund is managed by Dipan S Parikh at HSBC.

How is HSBC Gold ETF Fund of Fund taxed?

HSBC Gold ETF Fund of 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.