HSBC Corporate Bond Fund Direct Growth

HSBC Corporate Bond Fund Direct Growth

NAV as on 17-04-2025

₹ 76.81

0.1%

1D

Inception Returns

7.8%

/yr

Historical NAV & Returns

Absolute

zero opening, trading, fund transfer fee
47 people have invested ₹ 3.4L in HSBC Corporate Bond Fund Direct Growth in the last three months

About HSBC Corporate Bond Fund Direct Growth

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. This fund is suitable to keep your money safe.

Key Parameters

  1. HSBC Corporate Bond Fund Direct Growth has ₹5808 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
  2. The fund has an expense ratio 0.3.

Returns

HSBC Corporate Bond Fund Direct Growth has given a CAGR return of 7.76% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 9.82%, 7.47% and 6.95% respectively.

Holdings

HSBC Corporate Bond Fund Direct Growth has allocated its funds majorly in Financial Services, Corporate, Government, Consumer Cyclical, Cash Equivalent. Its top holdings are Indian Oil Corporation Limited, Power Grid Corporation Of India Limited, HDFC Bank Limited, Ntpc Limited, National Highways Authority Of India

Taxation

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:
Invested before 1 April 2023 and held for less than 24 months, STCG will be taxed at your income slab rate.
Invested before 1 April 2023 and held for more than 24 months, LTCG will be taxed at 12.5%.
Invested after 1 April 2023, capital gains will be taxed at your income slab rate.
Dividends will always be taxed at slab rate.

Investment objective of HSBC Corporate Bond Fund Direct Growth

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 and lockin period

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.

HSBC Corporate Bond Fund Direct Growth Overview

Expense ratio0.3%
Benchmark
NIFTY Corporate Bond A-II TR INR
AUM₹5808 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹5000/₹1000
Exit Load0%
Lock InNo Lock-in
TurnOver
4.74%
STCGSelling mutual fund within 36 months, gains taxed at slab rates.
LTCGHolding over 3 years, gains taxed at slab rates without indexation.
Risk
Risk meter
pointer
Low to Moderate Risk

Trailing Returns

as on (17-Apr-25)

Period
HSBC Corporate Bond Fund Direct Growth
Corporate Bond Index
1M
2.1%
1.6%
3M
3.2%
2.7%
6M
4.7%
4.1%
1Y
9.8%
8.8%
3Y
7.5%
6.9%
5Y
6.9%
6.5%

Fund Distribution

as on (31-Dec-69)

  • Debt & Cash 99.7%

AAA
100%

Sector Allocation

Mar'25

Feb'25

Jan'25

Corporate
52.7%
Government
45.9%
Cash Equivalent
1.4%
All changes are between Oct'69 and Dec'69
Parameters
Mar'25
Feb'25
Jan'25
AUM
₹ 5.8K Cr
₹ 5.9K Cr
₹ 5.7K Cr
  • AUM of the fund stands at 5.8K Cr as of Mar'25
  • AUM decreased by 68 Cr between Mar'25 and Feb'25
Top Stocks bought last month
HDFC Bank Limited's allocation increased from 0.4% to 4.39%
HDFC Bank Limited's allocation increased from 0.4% to 4.39%
Power Grid Corporation Of India Limited's allocation increased from 1.37% to 4.86%
Power Grid Corporation Of India Limited's allocation increased from 1.37% to 4.86%
Ntpc Limited's allocation increased from 2.99% to 5.9%
Ntpc Limited's allocation increased from 2.99% to 5.9%
Top Stocks sold last month
Rural Electrification Corporation Limited's allocation decreased from 5.26 % to 1.78 %
Rural Electrification Corporation Limited's allocation decreased from 5.26 % to 1.78 %
Indian Railway Finance Corporation Limited's allocation decreased from 5.26 % to 1.29 %
Indian Railway Finance Corporation Limited's allocation decreased from 5.26 % to 1.29 %
LIC Housing Finance Ltd's allocation decreased from 2.81 % to 1.01 %
LIC Housing Finance Ltd's allocation decreased from 2.81 % to 1.01 %
Cash allocation has gone up from 0.3% to 1.2%
Cash allocation has gone up from 0.3% to 1.2%
Debt allocation has gone down from 99.4% to 98.5%
Debt allocation has gone down from 99.4% to 98.5%

Top 3 Sectors in March were Financial Services, Corporate & Government

Mar'25
Financial Services
61%
Corporate
53%
Government
46%
Feb'25
Financial Services
61%
Corporate
52%
Government
48%
  • Debt & Cash

Holdings
Weight%
1M Change
Indian Oil Corporation Limited
Indian Oil Corporation Limited
5.55%
0%
Power Grid Corporation Of India Limited
Power Grid Corporation Of India Limited
4.91%
0%
HDFC Bank Limited
HDFC Bank Limited
4.27%
0%
Ntpc Limited
Ntpc Limited
3.94%
0%
National Highways Authority Of India
National Highways Authority Of India
3.59%
0%
  • Returns %

  • Fund Ratios

  • Overview

Funds
1Y Returns
3Y Returns
5Y Returns
Since Inception
HSBC Corporate Bond Fund Direct Growth
HSBC Corporate Bond Fund Direct Growth
9.82%
7.47%
6.95%
7.76%
Nippon India Corporate Bond Fund Direct Plan Growth Plan
Nippon India Corporate Bond Fund Direct Plan Growth Plan
10.38%
8.05%
7.42%
8.11%
Axis Corporate Bond Fund Direct Growth
Axis Corporate Bond Fund Direct Growth
10.29%
7.92%
7.66%
7.75%
Aditya Birla Sun Life Corporate Bond Fund Direct Plan Growth
Aditya Birla Sun Life Corporate Bond Fund Direct Plan Growth
10.14%
7.8%
7.5%
8.33%
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Shriram Ramanathan
Shriram Ramanathan
Fund Manager of HSBC Corporate Bond Fund Direct Growth, since 30 June 2014
Top funds managed
Fund House
HSBC Asset Management (India) Private Ltd
Total Schemes
Total AUM
₹1.16L Cr
as on 31-Mar-2025
Address
HSBC Asset Management (India) Private Ltd.,16, V N Road,,Fort
Phone
+912266145000
Website
hsbcmf@hsbc.co.in

Mutual Fund Insights

Insights icon
In the last 5 years, Axis Corporate Bond Fund Direct Growth has given 7.66% return, outperforming this fund by 0.71% per annum.
Insights icon
Over the last 6 months, this fund has experienced a 11.5% drop in AUM moving from 6.56K Cr to 5.80K Cr.
Insights icon
In the last 3 years, Nippon India Corporate Bond Fund Direct Plan Growth Plan has given 8.05% return, outperforming this fund by 0.58% per annum.
Insights icon
In the last 1 year, Nippon India Corporate Bond Fund Direct Plan Growth Plan has given 10.38% return, outperforming this fund by 0.56%.
Insights icon
This fund has one of the lowest expense ratio in the category (corporate bond). Its expense ratio is 0.3% which is lower than the category average expense ratio of 0.5%.

HSBC Corporate Bond Fund Direct Growth Highlights

Risk meter
pointer

Low to Moderate Risk

Investors understand that their principal will be at Low to Moderate Risk
About the fund

About the fund

This fund has delivered an average annual returns of 7.76% since inception which is more than its category average return of 6.44%
AUM size ₹5808 Cr

AUM size ₹5808 Cr

This fund has AUM of ₹5808 Cr which is less than its category average of ₹ 8003 Cr
Expense Ratio 0.3%

Expense Ratio 0.3%

This fund has an expense ratio of 0.3% which is less than its category average expense ratio of 0.51%

Frequently Asked Questions for HSBC Corporate Bond Fund Direct Growth

The current NAV of HSBC Corporate Bond Fund Direct Growth is ₹76.81 as on 17-Apr-2025.
Existing (Absolute + CAGR) as on 17-Apr-2025.
HSBC Corporate Bond Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
2.06%
2.06%
6 Month Returns
4.67%
4.67%
1 Year Returns
9.82%
9.82%
3 Years Returns
24.12%
7.47%
With INDmoney, the process of investing is very simple and involves zero commission.
  • Click Buy on the fund name.
  • Input the amount you are looking to invest.
  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.
0.3% as on March 2025
₹5808 Cr as on March 2025
Indian Oil Corporation Limited(5.55%), Power Grid Corporation Of India Limited(4.91%), HDFC Bank Limited(4.27%), Ntpc Limited(3.94%), National Highways Authority Of India(3.59%) as on March 2025
Corporate(52.71%), Government(45.87%), Cash Equivalent(1.42%) as on March 2025
Yield to Maturity is 7.11 as on March 2025. Yield to Maturity is the total return earned on your bond investments if you hold the bond investments till maturity & all bonds' proceeds are reinvested in it.
Modified Duration is 2.84 as on March 2025. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
100
Shriram Ramanathan is the fund manager of HSBC Corporate Bond Fund Direct Growth
The Exit load of HSBC Corporate Bond Fund Direct Growth is 0%