HSBC Corporate Bond Fund Direct Growth
Debt
Direct
Corporate Bond
NAV as on 19-11-2024
₹ 73.73
▲0.1%
1D
Inception Returns
7.7%
/yr
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, Jalpan Shah. This fund is suitable to keep your money safe.
Key Parameters
- HSBC Corporate Bond Fund Direct Growth has ₹6535 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
- The fund has an expense ratio 0.3.
Returns
HSBC Corporate Bond Fund Direct Growth has given a CAGR return of 7.66% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 8.61%, 5.79% and 6.93% respectively.
Holdings
HSBC Corporate Bond Fund Direct Growth has allocated its funds majorly in Financial Services, Government, Corporate, Consumer Cyclical, Cash Equivalent. Its top holdings are 7.37% Govt Stock 2028, Ntpc Limited, National Highways Authority Of India, Indian Oil Corporation Limited, Power Grid Corporation Of India Limited
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: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.
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.
Historical NAV & Returns
HSBC Corporate Bond Fund Direct Growth Overview
| Expense ratio | 0.3% |
Benchmark | CRISIL Short Term Bond Fund TR INR |
| AUM | ₹6535 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 slab rates without indexation. |
| Risk |   Low to Moderate Risk |
Trailing Returns
as on (19-Nov-24)
Fund Distribution
as on (31-Dec-69)
- AUM of the fund stands at 6.6K Cr as of Oct'24
- AUM has remained same between Oct'24 and Sep'24
Top 3 Sectors in October were Financial Services, Government & Corporate
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 7.37% Govt Stock 2028 | 8.5% | 63.8% | |
Ntpc Limited | 5.32% | 0% | |
National Highways Authority Of India | 4.8% | 0% | |
Indian Oil Corporation Limited | 4.75% | 0% | |
Power Grid Corporation Of India Limited | 4.37% | 0% |
Mutual Fund Insights
HSBC Corporate Bond Fund Direct Growth Highlights
Low to Moderate Risk
About the fund
AUM size ₹6535 Cr
Expense Ratio 0.3%
Frequently Asked Questions for HSBC Corporate Bond Fund Direct Growth
HSBC Corporate Bond Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.46% | 0.46% |
6 Month Returns | 4.48% | 4.48% |
1 Year Returns | 8.61% | 8.61% |
3 Years Returns | 18.39% | 5.79% |
5 Years Returns | 39.77% | 6.93% |
- 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.
AAA | 100 |