HSBC Liquid Fund Growth Direct
Debt
Direct
Liquid
NAV: ₹ 2428.26 as on 16-05-2024
About the Fund
HSBC Liquid Fund Growth Direct is a debt fund. This fund was started on 31 December, 2012. The fund is managed by Kapil Punjabi, Shriram Ramanathan. This fund is suitable to keep your money safe.
Key Parameters
- HSBC Liquid Fund Growth Direct has ₹17908 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
- The fund has an expense ratio 0.1.
Fund Performance
326 people have invested ₹ 2.4Cr in HSBC Liquid Fund Growth Direct in the last three months
Overview
 | 0.12% |
 Benchmark | CRISIL Liquid Fund TR INR |
 | ₹17908 Cr |
 | 31 December, 2012 |
 | ₹5000/₹1000 |
 Exit Load | 0.007% |
 | No Lock-in |
 TurnOver | 659.5% |
HSBC Liquid Fund Growth Direct Distribution as on (31-Dec-69)
Credit rating breakup
AAA
100%
Sector Allocation
Cash Equivalent
57%
Corporate
25.1%
Government
17.9%
Top Holdings of HSBC Liquid Fund Growth Direct as on (30-Apr-24)
Debt Holdings75
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 Axis Bank Limited | 3.73% | 0% | |
91 DTB 23052024 | 2.79% | 0% | |
Small Industries Development Bank Of India | 2.78% | 0% | |
Titan Co Ltd. | 2.32% | 0% | |
Canara Bank | 2.32% | 0% |
See all
Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 17.7K Cr as of Apr'24
- AUM decreased by 3.7K Cr between Apr'24 and Mar'24
Fund Portfolio Changes
Mutual Fund Insights
This fund has one of the lowest expense ratio in the category (liquid). Its expense ratio is 0.12% which is lower than the category average expense ratio of 0.26%.
In the last 1 year, Edelweiss Liquid Fund Direct Growth has given 7.41% return, outperforming this fund by 0.06%.
Over the last 1 month, this fund has experienced a 16.1% drop in AUM moving from 21.34K Cr to 17.90K Cr.
In the last 5 years, Quant Liquid Plan Growth Option Direct Plan has given 5.77% return, outperforming this fund by 0.51% per annum.
In the last 3 years, Quant Liquid Plan Growth Option Direct Plan has given 5.76% return, outperforming this fund by 0.09% per annum.
Peer Analysis
Fund Manager
Kapil Punjabi
Fund Manager of HSBC Liquid Fund Growth Direct, since 14 March 2014
Top funds managed
Shriram Ramanathan
Fund Manager of HSBC Liquid Fund Growth Direct, since 26 November 2022
Top funds managed
HSBC Liquid Fund Growth Direct Highlights
Low to Moderate Risk
Investors understand that their principal will be at Low to Moderate Risk
About the fund
This fund has delivered an average annual returns of 6.83% since inception which is more than its category average return of 4.81%
AUM size ₹17908 Cr
This fund has AUM of ₹17908 Cr which is more than its category average of ₹ 12184 Cr
Expense Ratio 0.12%
This fund has an expense ratio of 0.12% which is less than its category average expense ratio of 0.24%
Frequently Asked Questions
The current NAV of HSBC Liquid Fund Growth Direct is ₹2428.26 as on 16-May-2024.
Existing (Absolute + CAGR) as on 16-May-2024.
HSBC Liquid Fund Growth Direct | Absolute Returns | CAGR Returns |
1 Month Returns | 0.54% | 0.54% |
6 Month Returns | 3.72% | 3.72% |
1 Year Returns | 7.35% | 7.35% |
3 Years Returns | 18.02% | 5.68% |
5 Years Returns | 29.22% | 5.26% |
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.
0.12% as on April 2024
₹17908 Cr as on April 2024
Axis Bank Limited(3.73%), 91 DTB 23052024(2.79%), Small Industries Development Bank Of India(2.78%), Canara Bank(2.32%), Titan Co Ltd.(2.32%) as on April 2024
Cash Equivalent(63.37%), Corporate(19.94%), Government(16.68%) as on April 2024
Yield to Maturity is 7.62 as on April 2024. 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 0.18 as on April 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA | 100 |
Kapil Punjabi, Shriram Ramanathan are the fund managers of HSBC Liquid Fund Growth Direct
The Exit load of HSBC Liquid Fund Growth Direct is 0.01%