Debt
Direct
Dynamic Bond
NAV as on 06-09-2024
₹ 29.99
Inception Returns
8.1%
/yr
HSBC Dynamic 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 Dynamic Bond Fund Direct Growth has given a CAGR return of 8.11% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 9.32%, 5.96% and 6.42% respectively.
HSBC Dynamic Bond Fund Direct Growth has allocated its funds majorly in Government, Corporate, Cash Equivalent. Its top holdings are 7.1% Govt Stock 2034, 7.18% Govt Stock 2037, 7.3% Govt Stock 2053, 7.04% Govt Stock 2029, HDFC Bank Limited
As it is a dynamic 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 deliver returns in the form of interest income and capital gains, along with high liquidity, commensurate with the current view on the markets and the interest rate cycle, through active investment in debt and money market instruments. However, there can be no assurance or guarantee that the investment objective of the scheme would be achieved.
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 1000.00. HSBC Dynamic Bond Fund Direct Growth has no lock in period.
Expense ratio | 0.2% |
Benchmark | CRISIL Composite Bond Fund TR INR |
AUM | ₹160 Cr |
Inception Date | 1 January, 2013 |
Min Lumpsum/SIP | ₹5000/₹1000 |
Exit Load | 0% |
Lock In | No Lock-in |
TurnOver | 160.21% |
STCG | Selling within 36 months, gains taxed at slab rates. |
LTCG | Holding over 3 years, gains taxed at 12.5% without indexation. |
Risk | Moderate Risk |
as on (06-Sep-24)
as on (31-Dec-69)
Top 2 Sectors in July were Government, Corporate
HSBC Dynamic Bond Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.76% | 0.76% |
6 Month Returns | 4.72% | 4.72% |
1 Year Returns | 9.32% | 9.32% |
3 Years Returns | 18.96% | 5.96% |
5 Years Returns | 36.49% | 6.42% |
AAA | 100 |