HSBC Credit Risk Fund Direct Growth
Debt
Direct
Credit Risk
NAV as on 20-12-2024
₹ 29.73
Inception Returns
9%
/yr
About HSBC Credit Risk Fund Direct Growth
HSBC Credit Risk Fund Direct Growth is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Kapil Punjabi, Shriram Ramanathan. This fund is suitable to keep your money safe.
Key Parameters
- HSBC Credit Risk Fund Direct Growth has ₹582 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
- The fund has an expense ratio 0.9.
Returns
HSBC Credit Risk Fund Direct Growth has given a CAGR return of 9.03% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 8.02%, 6.37% and 6.40% respectively.
Holdings
HSBC Credit Risk Fund Direct Growth has allocated its funds majorly in Corporate, Government, Cash Equivalent. Its top holdings are 7.18% Govt Stock 2033, 7.32% Govt Stock 2030, Nuvoco Vistas Corporation Limited, Tata Housing Development Co Ltd., Nirma Limited
Taxation
As it is a credit risk 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 Credit Risk Fund Direct Growth
To generate regular returns and capital appreciation by investing predominantly in AA and below rated corporate bonds, debt, government securities 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 Credit Risk Fund Direct Growth has no lock in period.
Historical NAV & Returns
HSBC Credit Risk Fund Direct Growth Overview
| Expense ratio | 0.86% |
Benchmark | CRISIL Short Term Bond Fund TR INR |
| AUM | ₹582 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹5000/₹1000 |
Exit Load | 3.0% |
| Lock In | No Lock-in |
TurnOver | 99.21% |
| STCG | Selling mutual fund within 36 months, gains taxed at slab rates. |
| LTCG | Holding over 3 years, gains taxed at slab rates without indexation. |
| Risk |   Moderately High risk |
Trailing Returns
as on (20-Dec-24)
Fund Distribution
as on (31-Dec-69)
- AUM of the fund stands at 581.7 Cr as of Nov'24
- AUM increased by 3.8 Cr between Nov'24 and Oct'24
Top 2 Sectors in November were Corporate, Government
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 7.18% Govt Stock 2033 | 8.08% | -25% | |
7.32% Govt Stock 2030 | 7.98% | 0% | |
Nuvoco Vistas Corporation Limited | 6.12% | 0% | |
Tata Housing Development Co Ltd. | 6.06% | 0% | |
Nirma Limited | 4.62% | 0% |
Mutual Fund Insights
HSBC Credit Risk Fund Direct Growth Highlights
Moderately High risk
About the fund
AUM size ₹582 Cr
Expense Ratio 0.86%
Frequently Asked Questions for HSBC Credit Risk Fund Direct Growth
HSBC Credit Risk Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.63% | 0.63% |
6 Month Returns | 4.03% | 4.03% |
1 Year Returns | 8.02% | 8.02% |
3 Years Returns | 20.34% | 6.37% |
5 Years Returns | 36.37% | 6.4% |
- 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.
AA | 66.1 |
AAA | 33.9 |