HSBC Gilt Fund Direct Growth

HSBC Gilt Fund Direct Growth

NAV as on 21-04-2025

₹ 76.3

0.6%

1D

Inception Returns

8.9%

/yr

Historical NAV & Returns

Absolute

zero opening, trading, fund transfer fee
8 people have invested ₹ 85.9K in HSBC Gilt Fund Direct Growth in the last three months

About HSBC Gilt Fund Direct Growth

HSBC Gilt 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 Gilt Fund Direct Growth has ₹251 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
  2. The fund has an expense ratio 0.5.

Returns

HSBC Gilt Fund Direct Growth has given a CAGR return of 8.94% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 12.39%, 8.38% and 6.80% respectively.

Holdings

HSBC Gilt Fund Direct Growth has allocated its funds majorly in Government, Cash Equivalent. Its top holdings are 7.09% Govt Stock 2054, 7.34% Govt Stock 2064, 7.3% Govt Stock 2053, 7.18% Govt Stock 2037, 6.79% Government Of India (07/10/2034)

Taxation

As it is a government 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 Gilt Fund Direct Growth

To generate returns from a portfolio from investments in Government Securities. 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 Gilt Fund Direct Growth has no lock in period.

HSBC Gilt Fund Direct Growth Overview

Expense ratio0.47%
Benchmark
NIFTY All Duration G-Sec TR INR
AUM₹251 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹5000/₹1000
Exit Load0%
Lock InNo Lock-in
TurnOver
374.31%
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
Moderate Risk

Trailing Returns

as on (21-Apr-25)

Period
HSBC Gilt Fund Direct Growth
Government Bond Index
1M
2.6%
2.3%
3M
4.5%
3.9%
6M
5.9%
5.3%
1Y
12.4%
11.3%
3Y
8.4%
7.7%
5Y
6.8%
6.3%

Fund Distribution

as on (31-Dec-69)

  • Debt & Cash 100%

AAA
100%

Sector Allocation

Mar'25

Feb'25

Jan'25

Dec'24

Nov'24

Oct'24

Government
97.8%
Cash Equivalent
2.2%
All changes are between Oct'69 and Dec'69
Parameters
Mar'25
Feb'25
Jan'25
AUM
₹ 250.7 Cr
₹ 257 Cr
₹ 261.9 Cr
  • AUM of the fund stands at 250.7 Cr as of Mar'25
  • AUM decreased by 6.3 Cr between Mar'25 and Feb'25
Cash allocation has gone up from 1% to 2.1%
Cash allocation has gone up from 1% to 2.1%
Debt allocation has gone down from 99% to 97.9%
Debt allocation has gone down from 99% to 97.9%

Top Sector in March was Government

Mar'25
Government
98%
Feb'25
Government
99%
  • Debt & Cash

Holdings
Weight%
1M Change
7.09% Govt Stock 2054
7.09% Govt Stock 2054
24.71%
-14.3%
7.34% Govt Stock 2064
7.34% Govt Stock 2064
18.39%
-19.1%
7.3% Govt Stock 2053
7.3% Govt Stock 2053
14.92%
0%
7.18% Govt Stock 2037
7.18% Govt Stock 2037
14.72%
0%
6.79% Government Of India (07/10/2034)
6.79% Government Of India (07/10/2034)
8.36%
33.3%
  • Returns %

  • Fund Ratios

  • Overview

Funds
1Y Returns
3Y Returns
5Y Returns
Since Inception
HSBC Gilt Fund Direct Growth
HSBC Gilt Fund Direct Growth
12.39%
8.38%
6.8%
8.94%
DSP Gilt Fund Direct Plan Growth
DSP Gilt Fund Direct Plan Growth
13.23%
8.97%
7.57%
8.52%
SBI Magnum Gilt Fund Direct Growth
SBI Magnum Gilt Fund Direct Growth
12.67%
9.13%
7.53%
9.49%
Edelweiss Government Securities Fund Direct Growth
Edelweiss Government Securities Fund Direct Growth
12.44%
8.54%
7.82%
9.04%
Loading...
We are taking more time than usual
Shriram Ramanathan
Shriram Ramanathan
Fund Manager of HSBC Gilt Fund Direct Growth, since 3 April 2017
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
Over the last 6 months, this fund has experienced a 14.9% growth in AUM moving from 218.09 Cr to 250.66 Cr.
Insights icon
In the last 3 years, SBI Magnum Gilt Fund Direct Growth has given 9.13% return, outperforming this fund by 0.74% per annum.
Insights icon
In the last 1 year, DSP Gilt Fund Direct Plan Growth has given 13.23% return, outperforming this fund by 0.84%.
Insights icon
This fund has one of the lowest expense ratio in the category (government bond). Its expense ratio is 0.47% which is lower than the category average expense ratio of 0.8%.
Insights icon
In the last 5 years, ICICI Prudential Gilt Fund Direct Plan Growth has given 7.72% return, outperforming this fund by 0.91% per annum.

HSBC Gilt Fund Direct Growth Highlights

Risk meter
pointer

Moderate Risk

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

About the fund

This fund has delivered an average annual returns of 8.94% since inception which is more than its category average return of 7.15%
AUM size ₹251 Cr

AUM size ₹251 Cr

This fund has AUM of ₹251 Cr which is less than its category average of ₹ 2197 Cr
Expense Ratio 0.47%

Expense Ratio 0.47%

This fund has an expense ratio of 0.47% which is less than its category average expense ratio of 0.85%

Frequently Asked Questions for HSBC Gilt Fund Direct Growth

The current NAV of HSBC Gilt Fund Direct Growth is ₹76.3 as on 21-Apr-2025.
Existing (Absolute + CAGR) as on 21-Apr-2025.
HSBC Gilt Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
2.6%
2.6%
6 Month Returns
5.86%
5.86%
1 Year Returns
12.39%
12.39%
3 Years Returns
27.32%
8.38%
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.
0.47% as on March 2025
₹251 Cr as on March 2025
7.09% Govt Stock 2054(24.71%), 7.34% Govt Stock 2064(18.39%), 7.3% Govt Stock 2053(14.92%), 7.18% Govt Stock 2037(14.72%), 6.79% Government Of India (07/10/2034)(8.36%) as on March 2025
Yield to Maturity is 6.96 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 10.38 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 Gilt Fund Direct Growth
The Exit load of HSBC Gilt Fund Direct Growth is 0%