HSBC Corporate Bond Fund Direct Growth

HSBC Corporate Bond Fund Direct Growth

NAV as on 28-03-2025

₹ 75.95

0.2%

1D

Inception Returns

7.7%

/yr

Historical NAV & Returns

Absolute

zero opening, trading, fund transfer fee
52 people have invested ₹ 2.5L 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 ₹5876 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 7.69% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 8.56%, 6.58% and 6.66% 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, 7.38% Govt Stock 2027, Power Grid Corporation Of India Limited, HDFC Bank Limited, Ntpc 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:
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
CRISIL Short Term Bond Fund TR INR
AUM₹5876 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 (28-Mar-25)

Period
HSBC Corporate Bond Fund Direct Growth
Corporate Bond Index
1M
1.2%
0.6%
3M
2.4%
1.6%
6M
3.9%
2.9%
1Y
8.6%
7.2%
3Y
6.6%
6.2%
5Y
6.7%
6.2%

Fund Distribution

as on (31-Dec-69)

  • Debt & Cash 99.7%

AAA
100%

Sector Allocation

Feb'25

Jan'25

Dec'24

Corporate
51.5%
Government
48.2%
Cash Equivalent
0.3%
All changes are between Oct'69 and Dec'69
Parameters
Feb'25
Jan'25
Dec'24
AUM
₹ 5.9K Cr
₹ 5.7K Cr
₹ 6.1K Cr
  • AUM of the fund stands at 5.9K Cr as of Feb'25
  • AUM increased by 130.9 Cr between Feb'25 and Jan'25
Top Stocks bought last month
Power Grid Corporation Of India Limited's allocation increased from 0.26% to 4.86%
Power Grid Corporation Of India Limited's allocation increased from 0.26% to 4.86%
HDFC Bank Limited's allocation increased from 0.62% to 4.39%
HDFC Bank Limited's allocation increased from 0.62% to 4.39%
Export Import Bank Of India's allocation increased from 0.25% to 2.32%
Export Import Bank Of India's allocation increased from 0.25% to 2.32%
Top Stocks sold last month
National Highways Authority Of India's allocation decreased from 5.26 % to 4.02 %
National Highways Authority Of India's allocation decreased from 5.26 % to 4.02 %
National Highways Authority Of India's allocation decreased from 5.26 % to 3.41 %
National Highways Authority Of India's allocation decreased from 5.26 % to 3.41 %
Ntpc Limited's allocation decreased from 5.9 % to 2.99 %
Ntpc Limited's allocation decreased from 5.9 % to 2.99 %
Cash allocation has gone down from 0.9% to 0.3%
Cash allocation has gone down from 0.9% to 0.3%
Debt allocation has gone up from 98.8% to 99.4%
Debt allocation has gone up from 98.8% to 99.4%

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

Feb'25
Financial Services
61%
Corporate
52%
Government
48%
Jan'25
Financial Services
61%
Corporate
50%
Government
49%
  • Debt & Cash

Holdings
Weight%
1M Change
Indian Oil Corporation Limited
Indian Oil Corporation Limited
5.59%
0%
7.38% Govt Stock 2027
7.38% Govt Stock 2027
5.47%
-3.2%
Power Grid Corporation Of India Limited
Power Grid Corporation Of India Limited
4.96%
0%
HDFC Bank Limited
HDFC Bank Limited
4.31%
0%
Ntpc Limited
Ntpc Limited
3.97%
0%
Loading...
We are taking more time than usual
Shriram Ramanathan
Shriram Ramanathan
Fund Manager of HSBC Corporate Bond Fund Direct Growth, since 30 June 2014
Fund House
HSBC Asset Management (India) Private Ltd
Total Schemes
Total AUM
₹1.25L Cr
as on 28-Feb-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
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%.
Insights icon
In the last 5 years, Axis Corporate Bond Fund Direct Growth has given 7.46% return, outperforming this fund by 0.81% per annum.
Insights icon
In the last 1 year, Axis Corporate Bond Fund Direct Growth has given 8.99% return, outperforming this fund by 0.43%.
Insights icon
In the last 3 years, ICICI Prudential Corporate Bond Fund Direct Plan Growth has given 7.52% return, outperforming this fund by 0.94% per annum.

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 7.69% since inception which is more than its category average return of 6.31%
AUM size ₹5876 Cr

AUM size ₹5876 Cr

This fund has AUM of ₹5876 Cr which is less than its category average of ₹ 7835 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%

More funds from HSBC

HSBC Dynamic Bond Fund Direct Plan Growth Option

HSBC Dynamic Bond Fund Direct Plan Growth Option

5Y CAGR

▲ 6.50

HSBC Credit Risk Fund Direct Plan Growth

HSBC Credit Risk Fund Direct Plan Growth

5Y CAGR

▲ 6.58

HSBC Gilt Fund Direct Plan Growth

HSBC Gilt Fund Direct Plan Growth

5Y CAGR

▲ 6.61

HSBC Medium Duration Fund Direct Growth

HSBC Medium Duration Fund Direct Growth

5Y CAGR

▲ 7.21

HSBC Medium to Long Duration Fund - Direct Growth

HSBC Medium to Long Duration Fund - Direct Growth

5Y CAGR

▲ 5.91

Frequently Asked Questions for HSBC Corporate Bond Fund Direct Growth

The current NAV of HSBC Corporate Bond Fund Direct Growth is ₹75.95 as on 28-Mar-2025.
Existing (Absolute + CAGR) as on 28-Mar-2025.
HSBC Corporate Bond Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
1.23%
1.23%
6 Month Returns
3.94%
3.94%
1 Year Returns
8.56%
8.56%
3 Years Returns
21.08%
6.58%
5 Years Returns
38.03%
6.66%
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
₹5876 Cr as on March 2025
Indian Oil Corporation Limited(5.59%), 7.38% Govt Stock 2027(5.47%), Power Grid Corporation Of India Limited(4.96%), HDFC Bank Limited(4.31%), Ntpc Limited(3.97%) as on March 2025
Corporate(52.33%), Government(47.38%), Cash Equivalent(0.29%) as on March 2025
Yield to Maturity is 7.34 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 2.86 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%