Debt
Direct
Short Duration
NAV as on 04-09-2024
₹ 26.12
Inception Returns
7.7%
/yr
HSBC Short Duration 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 Short Duration Fund Direct Growth has given a CAGR return of 7.68% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 7.88%, 5.51% and 6.37% respectively.
HSBC Short Duration Fund Direct Growth has allocated its funds majorly in Government, Corporate, Cash Equivalent. Its top holdings are 7.06% Govt Stock 2028, 7.1% Govt Stock 2029, 7.37% Govt Stock 2028, 7.32% Govt Stock 2030, National Bank For Agriculture And Rural Development
As it is a short 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.
To provide a reasonable income through a diversified portfolio of fixed income securities such that the Macaulay duration of the portfolio is between 1 year to 3 years. 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 Short Duration Fund Direct Growth has no lock in period.
Expense ratio | 0.27% |
Benchmark | CRISIL Short Term Bond Fund TR INR |
AUM | ₹3763 Cr |
Inception Date | 1 January, 2013 |
Min Lumpsum/SIP | ₹5000/₹1000 |
Exit Load | 0% |
Lock In | No Lock-in |
TurnOver | 82.85% |
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 (04-Sep-24)
as on (31-Dec-69)
Top 2 Sectors in July were Government, Corporate
HSBC Short Duration Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.69% | 0.69% |
6 Month Returns | 4.17% | 4.17% |
1 Year Returns | 7.88% | 7.88% |
3 Years Returns | 17.45% | 5.51% |
5 Years Returns | 36.15% | 6.37% |
AAA | 100 |