28/02/19 to 29/02/20 |
29/02/20 to 28/02/21 |
28/02/21 to 28/02/22 |
28/02/22 to 28/02/23 |
28/02/23 to 29/02/24 |
|
---|---|---|---|---|---|
Fund | 1.2% | 23.7% | 13.2% | -8.8% | 31.8% |
Sector | 0.4% | 24.9% | -10.0% | -12.7% | 9.4% |
Rank | 135/265 | 153/271 | 20/284 | 61/282 | 24/288 |
Quartile | 3 | 3 | 1 | 1 | 1 |
Annualised | ||||
---|---|---|---|---|
3 Years to 29/02/24 |
5 Years to 29/02/24 |
10 Years to 29/02/24 |
||
Fund | 10.8% | 11.2% | 8.8% | |
Sector | -4.9% | 1.5% | 1.5% | |
Rank | 17/282 | 18/264 | 18/189 | |
Quartile | 1 | 1 | 1 |
Stock | % Weight |
---|---|
RELIANCE INDUSTRIES LIMITED | 8.02 |
HDFC BANK LIMITED | 7.63 |
LARSEN & TOUBRO LIMITED | 5.76 |
DLF LTD | 4.36 |
ICICI BANK LIMITED | 4.08 |
SUN PHARMACEUTICAL INDUSTRIES LIMITED | 3.86 |
INFOSYS LTD | 3.33 |
AXIS BANK LIMITED | 3.10 |
INFOSYS LTD | 3.00 |
OIL & NATURAL GAS CORP LTD | 2.75 |
Total | 45.88 |
Objective: The investment strategy of the fund is to purchase units in the HSBC Indian Equity Fund (USD) - the underlying fund.
Underlying Fund Objective: The fund aims to provide capital growth of your investment over time. The fund will normally invest at least 90% of its assets in equity securities (i.e. shares) of companies of any size that are based in or which carry out most of their business in India. The fund may use financial derivative instruments for hedging and cash flow management. The fund is denominated in US dollars.
Sanjiv Duggal is the Head of Asia Pacific and Indian Equities and has been working in the industry since 1991. Sanjiv joined HSBC in 1996 and was responsible for the management of Indian equities. Sanjiv moved into his current role in July 2013 and will continue to manage the flagship HSBC GIF Indian Equity Fund which he has been involved in running since he joined. Prior to joining HSBC, Sanjiv worked for the Hill Samuel Group where he spent nearly five years, initially in internal audit and latterly as an Emerging Markets fund manager. Sanjiv is a Chartered Accountant.
Nilang Mehta is an Associate Director in the Regional Equity Team and has been working in the industry since 1996. Nilang manages our Indian and ASEAN strategies. He joined HSBC Global Asset Management India in 2004 and subsequently relocated to Singapore in 2009 and to Hong Kong in 2014. Prior to joining HSBC, Nilang worked at Alliance Capital Asset Management and IDBI Principal Asset Management in India. He holds a Master’s degree in Commerce from University of Mumbai and is also a Chartered Accountant and a CFA charter holder.
Bid (28/03/2024) | 3.47 |
Offer (28/03/2024) | 3.65 |
Fund size (29/02/2024) | $1.58m |
Underlying Fund size | $1327.46m |
Number of holdings | 156 |
Launch date | 28/10/2005 |
Annual Management Charge (AMC) | 1.70% |
Further Costs | 0.40% |
Yearly Total | 2.10% |
International Equities | 99.99% | |
Cash and Equivalents | -2.84% | |
Other Assets | 2.85% |
Because of changes in exchange rates the value of your investment, as well as any money you take from it, can go down as well as up.
Some funds may invest in ‘underlying’ funds or other investment vehicles. The performance of our fund, compared to what it’s invested in won’t be exactly the same. That can be due to additional charges, cash management (needed to help people to enter and leave our fund when they want), tax and the timing of investments (this is known as a fund’s dealing cycle, it varies between managers and can be several days).
Source of portfolio data: Broadridge. Source of performance data: FE fundinfo. We can’t predict the future. Past performance isn’t a guide to future performance. The figures shown are intended only to demonstrate performance history of the fund, after allowing for the impact of fund charges and further costs, but take no account of product charges, or any Annual Management Charge paid for by the deduction of units. Charges and further costs may vary in the future and may be higher than they are now. Fund performance is based upon the movement of the daily price and is shown as total return in the fund's currency of denomination with gross income reinvested. The value of your investment can go down as well as up so you might get back less than you put in.
This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.
International Equities | 99.99% | |
Cash and Equivalents | -2.84% | |
Other Assets | 2.85% |
Industry | Supersector | Sector | Subsector | ||
---|---|---|---|---|---|
Financials | 27.38% | - | - | - | |
Banks | - | 21.23% | - | - | |
Banks | - | - | 21.23% | - | |
Banks | - | - | - | 21.23% | |
Financial Services | - | 3.85% | - | - | |
Investment Banking & Brokerage Services | - | - | 2.15% | - | |
Investment Services | - | - | - | 2.15% | |
Finance & Credit Services | - | - | 1.71% | - | |
Consumer Lending | - | - | - | 1.71% | |
Insurance | - | 2.30% | - | - | |
Life Insurance | - | - | 1.53% | - | |
Life Insurance | - | - | - | 1.53% | |
Non-life Insurance | - | - | 0.77% | - | |
Insurance Brokers | - | - | - | 0.77% | |
Industrials | 13.93% | - | - | - | |
Construction & Materials | - | 10.66% | - | - | |
Construction & Materials | - | - | 10.66% | - | |
Engineering & Contracting Services | - | - | - | 5.76% | |
Cement | - | - | - | 4.12% | |
Building: Climate Control | - | - | - | 0.78% | |
Industrial Goods & Services | - | 3.26% | - | - | |
Aerospace & Defence | - | - | 1.25% | - | |
Defense | - | - | - | 1.25% | |
General Industrials | - | - | 1.07% | - | |
Paints & Coatings | - | - | - | 1.07% | |
Industrial Support Services | - | - | 0.94% | - | |
Industrial Suppliers | - | - | - | 0.94% | |
Technology | 13.80% | - | - | - | |
Technology | - | 13.80% | - | - | |
Software & Computer Services | - | - | 13.80% | - | |
Computer Services | - | - | - | 12.21% | |
Consumer Digital Services | - | - | - | 1.59% | |
Energy | 10.77% | - | - | - | |
Energy | - | 10.77% | - | - | |
Non-Renewable Energy | - | - | 10.77% | - | |
Oil Refining and Marketing | - | - | - | 8.02% | |
Oil: Crude Producers | - | - | - | 2.75% | |
Consumer Discretionary | 10.02% | - | - | - | |
Automobiles & Parts | - | 5.43% | - | - | |
Automobiles & Parts | - | - | 5.43% | - | |
Automobiles | - | - | - | 5.43% | |
Consumer Products & Services | - | 3.26% | - | - | |
Personal Goods | - | - | 2.35% | - | |
Luxury Items | - | - | - | 2.35% | |
Leisure Goods | - | - | 0.91% | - | |
Recreational Vehicles & Boats | - | - | - | 0.91% | |
Retail | - | 1.33% | - | - | |
Retailers | - | - | 1.33% | - | |
Diversified Retailers | - | - | - | 1.33% | |
Health Care | 8.84% | - | - | - | |
Health Care | - | 8.84% | - | - | |
Pharmaceuticals & Biotechnology | - | - | 7.40% | - | |
Pharmaceuticals | - | - | - | 6.40% | |
Biotechnology | - | - | - | 1.00% | |
Health Care Providers | - | - | 1.44% | - | |
Health Care Facilities | - | - | - | 1.44% | |
Real Estate | 6.01% | - | - | - | |
Real Estate | - | 6.01% | - | - | |
Real Estate Investment & Services | - | - | 6.01% | - | |
Real Estate Holding and Development | - | - | - | 6.01% | |
Basic Materials | 4.69% | - | - | - | |
Basic Resources | - | 2.94% | - | - | |
Industrial Metals & Mining | - | - | 2.94% | - | |
Iron & Steel | - | - | - | 2.94% | |
Chemicals | - | 1.75% | - | - | |
Chemicals | - | - | 1.75% | - | |
Fertilizers | - | - | - | 1.75% | |
Consumer Staples | 3.22% | - | - | - | |
Personal Care, Drug & Grocery Stores | - | 2.63% | - | - | |
Personal Care, Drug & Grocery Stores | - | - | 2.63% | - | |
Personal Products | - | - | - | 2.63% | |
Food, Beverage & Tobacco | - | 0.59% | - | - | |
Beverages | - | - | 0.59% | - | |
Distillers & Vintners | - | - | - | 0.59% | |
Non-Classified | 2.85% | - | - | - | |
Telecommunications | 1.33% | - | - | - | |
Telecommunications | - | 1.33% | - | - | |
Telecommunications Service Providers | - | - | 1.33% | - | |
Telecommunications Services | - | - | - | 1.33% | |
Cash and Equivalents | -2.84% | - | - | - |
Emerging Asia | 98.53% | |
Non-Classified | 2.85% | |
North America | 1.46% | |
Cash and Equivalents | -2.84% |
Non-Fixed Interest Assets | 96.95% | |
US Dollar | 1.54% | |
Cash | 1.52% |
Region | Country | ||
---|---|---|---|
Emerging Asia | 98.53% | - | |
India | - | 98.53% | |
Non-Classified | 2.85% | - | |
North America | 1.46% | - | |
United States | - | 1.46% | |
Cash and Equivalents | -2.84% | - |
Mega |
|
46.71% |
Large |
|
31.45% |
Medium |
|
10.24% |
Small |
|
2.15% |
Non-Classified |
|
12.29% |
Cash |
|
-2.84% |
Stock | % Weight | Sector | Country | |
---|---|---|---|---|
1 | RELIANCE INDUSTRIES LIMITED | 8.02% | Non-Renewable Energy | India |
2 | HDFC BANK LIMITED | 7.63% | Banks | India |
3 | LARSEN & TOUBRO LIMITED | 5.76% | Construction & Materials | India |
4 | DLF LTD | 4.36% | Real Estate Investment & Services | India |
5 | ICICI BANK LIMITED | 4.08% | Banks | India |
6 | SUN PHARMACEUTICAL INDUSTRIES LIMITED | 3.86% | Pharmaceuticals & Biotechnology | India |
7 | INFOSYS LTD | 3.33% | Software & Computer Services | India |
8 | AXIS BANK LIMITED | 3.10% | Banks | India |
9 | INFOSYS LTD | 3.00% | Software & Computer Services | India |
10 | OIL & NATURAL GAS CORP LTD | 2.75% | Non-Renewable Energy | India |
UK Equities | Int'l Equities | UK Bonds | Int'l Bonds | UK Gilts | Property | Other | Cash & Equiv | Total | |
---|---|---|---|---|---|---|---|---|---|
Technology | - | 13.80% | - | - | - | - | - | - | 13.80% |
Telecommunications | - | 1.33% | - | - | - | - | - | - | 1.33% |
Financials | - | 27.38% | - | - | - | - | 1.82% | - | 29.20% |
Real Estate | - | 6.01% | - | - | - | - | - | - | 6.01% |
Consumer Discretionary | - | 10.02% | - | - | - | - | - | - | 10.02% |
Consumer Staples | - | 3.22% | - | - | - | - | - | - | 3.22% |
Energy | - | 10.77% | - | - | - | - | - | - | 10.77% |
Health Care | - | 8.84% | - | - | - | - | 1.04% | - | 9.88% |
Industrials | - | 13.93% | - | - | - | - | - | - | 13.93% |
Basic Materials | - | 4.69% | - | - | - | - | - | - | 4.69% |
Cash and Equivalents | - | - | - | - | - | - | - | -2.84% | -2.84% |
Because of changes in exchange rates the value of your investment, as well as any money you take from it, can go down as well as up.
Some funds may invest in ‘underlying’ funds or other investment vehicles. The performance of our fund, compared to what it’s invested in won’t be exactly the same. That can be due to additional charges, cash management (needed to help people to enter and leave our fund when they want), tax and the timing of investments (this is known as a fund’s dealing cycle, it varies between managers and can be several days).
The Industry Classification Benchmark is a product of FTSE International Limited and has been licensed for use.
This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.
Sedol Code | B0MSSJ6 |
Mex Code | SBHIND |
Isin Code | IE00B0MSSJ66 |
Citi Code | TI99 |
Annual Management Charge (AMC) | 1.70% |
Further Costs | 0.40% |
Yearly Total | 2.10% |
Aims | Objective: The investment strategy of the fund is to purchase units in the HSBC Indian Equity Fund (USD) - the underlying fund. Underlying Fund Objective: The fund aims to provide capital growth of your investment over time. The fund will normally invest at least 90% of its assets in equity securities (i.e. shares) of companies of any size that are based in or which carry out most of their business in India. The fund may use financial derivative instruments for hedging and cash flow management. The fund is denominated in US dollars. |
Benchmark | S&P / IFCI India Gross |
ABI Sector | Global Emerging Markets Equities |
FE Crown |
Because of changes in exchange rates the value of your investment, as well as any money you take from it, can go down as well as up.
Some funds may invest in ‘underlying’ funds or other investment vehicles. The performance of our fund, compared to what it’s invested in won’t be exactly the same. That can be due to additional charges, cash management (needed to help people to enter and leave our fund when they want), tax and the timing of investments (this is known as a fund’s dealing cycle, it varies between managers and can be several days).
Charges and further costs may vary in the future and may be higher than they are now.
This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.
Because of changes in exchange rates the value of your investment, as well as any money you take from it, can go down as well as up.
Some funds may invest in ‘underlying’ funds or other investment vehicles. The performance of our fund, compared to what it’s invested in won’t be exactly the same. That can be due to additional charges, cash management (needed to help people to enter and leave our fund when they want), tax and the timing of investments (this is known as a fund’s dealing cycle, it varies between managers and can be several days).
Source of performance data: FE fundinfo. We can’t predict the future. Past performance isn’t a guide to future performance. The figures shown are intended only to demonstrate performance history of the fund, after allowing for the impact of fund charges and further costs, but take no account of product charges, or any Annual Management Charge paid for by the deduction of units. Charges and further costs may vary in the future and may be higher than they are now. Fund performance is based upon the movement of the daily price and is shown as total return in the fund's currency of denomination with gross income reinvested. The value of your investment can go down as well as up so you might get back less than you put in.
This factsheet is for information purposes only. If there is information or terminology included that you would like to discuss, then please contact an adviser. Investors should refer to their policy documentation and supporting brochures for fund availability, investment strategy, any product information and charges. Every care has been taken in populating this output, however it must be appreciated that neither Broadridge, Prudential nor their sources guarantee the accuracy, adequacy or completeness of this information or make any warranties regarding results from its usage.
The registered office of Prudential International is in Ireland at Montague House, Adelaide Road, Dublin 2. Prudential International is a marketing name of Prudential International Assurance plc, a life assurance company operating from Ireland. Registration No. 209956. Prudential International Assurance plc is authorised and regulated by the Central Bank of Ireland and in the context of its UK regulated activities only, is deemed authorised by the Prudential Regulation Authority and subject to regulation by the Financial Conduct Authority and limited regulation by the Prudential Regulation Authority. Details of the Temporary Permissions Regime, which allows EEA-based firms to operate in the UK for a limited period while seeking full authorisation, are available on the Financial Conduct Authority’s website. Prudential International is part of the same corporate group as The Prudential Assurance Company Limited. Both The Prudential Assurance Company Limited and Prudential International are direct and indirect subsidiaries respectively of M&G plc, a company incorporated in the United Kingdom. The Prudential Assurance Company Limited is not affiliated in any manner with Prudential Financial, Inc, a company whose principal place of business is in the United States of America or Prudential plc, an international group incorporated in the United Kingdom.