HSBC Low Duration Fund Direct Growth

HSBC Low Duration Fund Direct Growth

Debt

Direct

Low Duration

NAV as on 23-12-2024

₹ 28.6

Inception Returns

7.5%

/yr

About HSBC Low Duration Fund Direct Growth

HSBC Low Duration 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 Low Duration Fund Direct Growth has ₹420 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
  2. The fund has an expense ratio 0.2.

Returns

HSBC Low Duration Fund Direct Growth has given a CAGR return of 7.55% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 7.92%, 6.64% and 6.31% respectively.

Holdings

HSBC Low Duration Fund Direct Growth has allocated its funds majorly in Corporate, Government, Cash Equivalent. Its top holdings are Bajaj Finance Limited, National Bank For Agriculture And Rural Development, National Housing Bank, Bajaj Housing Finance Limited, Power Grid Corporation Of India Limited

Taxation

As it is a low duration 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 Low Duration Fund Direct Growth

To provide liquidity and reasonable returns by investing primarily in a mix of short term debt and money market instruments such that the Macaulay duration of the portfolio is between 6 months to 12 months. However, there can be no assurance or guarantee that the investment objective of the scheme would be achieved.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 1000.00. HSBC Low Duration Fund Direct Growth has no lock in period.

Historical NAV & Returns

Annualised

zero opening, trading, fund transfer fee
23 people have invested ₹ 24.9L in HSBC Low Duration Fund Direct Growth in the last three months

HSBC Low Duration Fund Direct Growth Overview

Expense ratio0.24%
Benchmark
CRISIL Liquid Fund TR INR
AUM₹420 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹5000/₹1000
Exit Load0%
Lock InNo Lock-in
TurnOver
292.77%
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 (23-Dec-24)

Period
HSBC Low Duration Fund Direct Growth
Low Duration Index
1M
0.5%
0.3%
3M
1.8%
1.5%
6M
3.8%
3.4%
1Y
7.9%
7.2%
3Y
6.6%
6.1%
5Y
6.3%
6%

Fund Distribution

as on (31-Dec-69)

  • Debt & Cash 99.7%

AAA
89.1%

AA
10.9%

Sector Allocation

Nov'24

Oct'24

Sep'24

Corporate
37.5%
Government
35.4%
Cash Equivalent
27.1%
All changes are between Oct'69 and Dec'69
Parameters
Nov'24
Oct'24
Sep'24
AUM
₹ 420.2 Cr
₹ 437.4 Cr
₹ 437.4 Cr
  • AUM of the fund stands at 420.2 Cr as of Nov'24
  • AUM decreased by 17.2 Cr between Nov'24 and Oct'24
Debt allocation has gone up from 68.5% to 72.8%
Debt allocation has gone up from 68.5% to 72.8%
Cash allocation has gone down from 31.2% to 26.9%
Cash allocation has gone down from 31.2% to 26.9%

Top 2 Sectors in November were Corporate, Government

Nov'24
Corporate
37%
Government
35%
Oct'24
Corporate
69%
Government
27%
  • Debt & Cash

Holdings
Weight%
1M Change
Bajaj Finance Limited
Bajaj Finance Limited
6.4%
100%
National Bank For Agriculture And Rural Development
National Bank For Agriculture And Rural Development
6.28%
0%
Bajaj Housing Finance Limited
Bajaj Housing Finance Limited
6.26%
0%
National Housing Bank
National Housing Bank
6.26%
0%
Power Grid Corporation Of India Limited
Power Grid Corporation Of India Limited
6.14%
0%
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Shriram Ramanathan
Shriram Ramanathan
Fund Manager of HSBC Low Duration Fund Direct Growth, since 24 November 2012
Fund House
HSBC Asset Management (India) Private Ltd
Total Schemes
Total AUM
₹1.3L Cr
as on 29-Nov-2024
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 (low duration). Its expense ratio is 0.24% which is lower than the category average expense ratio of 0.67%.
Insights icon
In the last 3 years, Aditya Birla Sun Life Low Duration Direct Plan Growth has given 6.87% return, outperforming this fund by 0.22% per annum.
Insights icon
In the last 5 years, UTI - Low Duration Fund - Direct Plan - Growth Option has given 7.18% return, outperforming this fund by 0.87% per annum.
Insights icon
In the last 1 year, Kotak Low Duration Fund- Direct Plan- Growth Option has given 8.2% return, outperforming this fund by 0.28%.

HSBC Low Duration 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 7.55% since inception which is more than its category average return of 5.04%
AUM size ₹420 Cr

AUM size ₹420 Cr

This fund has AUM of ₹420 Cr which is less than its category average of ₹ 4573 Cr
Expense Ratio 0.24%

Expense Ratio 0.24%

This fund has an expense ratio of 0.24% which is less than its category average expense ratio of 0.65%

Frequently Asked Questions for HSBC Low Duration Fund Direct Growth

The current NAV of HSBC Low Duration Fund Direct Growth is ₹28.6 as on 23-Dec-2024.
Existing (Absolute + CAGR) as on 23-Dec-2024.
HSBC Low Duration Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
0.53%
0.53%
6 Month Returns
3.78%
3.78%
1 Year Returns
7.92%
7.92%
3 Years Returns
21.29%
6.64%
5 Years Returns
35.8%
6.31%
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.
0.24% as on November 2024
₹420 Cr as on November 2024
Bajaj Finance Limited(6.4%), National Bank For Agriculture And Rural Development(6.28%), National Housing Bank(6.26%), Bajaj Housing Finance Limited(6.26%), Power Grid Corporation Of India Limited(6.14%) as on November 2024
Corporate(37.46%), Government(35.4%), Cash Equivalent(27.14%) as on November 2024
Yield to Maturity is 7.6 as on November 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 0.91 as on November 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
89.14
AA
10.86
Shriram Ramanathan is the fund manager of HSBC Low Duration Fund Direct Growth
The Exit load of HSBC Low Duration Fund Direct Growth is 0%