Debt
Direct
Corporate Bond
NAV as on 05-09-2024
₹ 72.54
▲0.1%
1D
Inception Returns
7.6%
/yr
HSBC Corporate Bond Fund Direct Growth is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Shriram Ramanathan, Jalpan Shah. This fund is suitable to keep your money safe.
HSBC Corporate Bond Fund Direct Growth has given a CAGR return of 7.65% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 8.00%, 5.57% and 6.81% respectively.
HSBC Corporate Bond Fund Direct Growth has allocated its funds majorly in Government, Financial Services, Consumer Cyclical, Corporate, Cash Equivalent. Its top holdings are 7.38% Govt Stock 2027, Ntpc Limited, Indian Oil Corporation Limited, National Highways Authority Of India, Power Grid Corporation Of India Limited
As it is a corporate bond mutual fund the taxation is as follows:If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:For short term (less than 3 years) capital gains will be taxed at your income slab rate.For long term (more than 3 years) capital gains will be taxed at 20% with indexation benefit.Dividends will always be taxed at slab rate.
To generate regular return by investing predominantly in AA+ and above rated debt and money market instruments. There is no assurance that the investment objective of the scheme will be realized.
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 1000.00. HSBC Corporate Bond Fund Direct Growth has no lock in period.
Expense ratio | 0.3% |
Benchmark | CRISIL Short Term Bond Fund TR INR |
AUM | ₹5966 Cr |
Inception Date | 1 January, 2013 |
Min Lumpsum/SIP | ₹5000/₹1000 |
Exit Load | 0% |
Lock In | No Lock-in |
TurnOver | 4.74% |
STCG | Selling within 36 months, gains taxed at slab rates. |
LTCG | Holding over 3 years, gains taxed at 12.5% without indexation. |
Risk | Low to Moderate Risk |
as on (05-Sep-24)
as on (31-Dec-69)
Top 3 Sectors in July were Government, Financial Services & Consumer Cyclical
HSBC Corporate Bond Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.72% | 0.72% |
6 Month Returns | 4.17% | 4.17% |
1 Year Returns | 8% | 8% |
3 Years Returns | 17.67% | 5.57% |
5 Years Returns | 39.01% | 6.81% |
AAA | 100 |