HSBC Short Duration Fund Direct Growth

HSBC Short Duration Fund Direct Growth

NAV as on 23-04-2025

₹ 27.76

Inception Returns

7.8%

/yr

Historical NAV & Returns

Absolute

zero opening, trading, fund transfer fee
33 people have invested ₹ 2.7L in HSBC Short Duration Fund Direct Growth in the last three months

About HSBC Short Duration Fund Direct Growth

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. This fund is suitable to keep your money safe.

Key Parameters

  1. HSBC Short Duration Fund Direct Growth has ₹3688 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
  2. The fund has an expense ratio 0.3.

Returns

HSBC Short Duration Fund Direct Growth has given a CAGR return of 7.80% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 9.82%, 7.18% and 6.38% respectively.

Holdings

HSBC Short Duration Fund Direct Growth has allocated its funds majorly in Corporate, Government, Cash Equivalent. Its top holdings are 6.79% Government Of India (07/10/2034), 7.32% Govt Stock 2030, Bajaj Finance Limited, 7.02% Govt Stock 2031, National Bank For Agriculture And Rural Development

Taxation

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:
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 Short Duration Fund Direct Growth

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 and lockin period

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.

HSBC Short Duration Fund Direct Growth Overview

Expense ratio0.27%
Benchmark
Nifty Short Dura Debt Idx A-II TR INR
AUM₹3688 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹5000/₹1000
Exit Load0%
Lock InNo Lock-in
TurnOver
82.85%
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-Apr-25)

Period
HSBC Short Duration Fund Direct Growth
Short Duration Index
1M
1.9%
1.5%
3M
3.3%
2.6%
6M
5.1%
4.2%
1Y
9.8%
8.7%
3Y
7.2%
6.9%
5Y
6.4%
6.4%

Fund Distribution

as on (31-Dec-69)

  • Debt & Cash 99.7%

AAA
100%

Sector Allocation

Mar'25

Feb'25

Jan'25

Dec'24

Nov'24

Oct'24

Corporate
49.8%
Government
42.5%
Cash Equivalent
7.7%
All changes are between Oct'69 and Dec'69
Parameters
Mar'25
Feb'25
Jan'25
AUM
₹ 3.7K Cr
₹ 3.7K Cr
₹ 3.7K Cr
  • AUM of the fund stands at 3.7K Cr as of Mar'25
  • AUM has remained same between Mar'25 and Feb'25
Top Stocks bought last month
Rural Electrification Corporation Limited's allocation increased from 0.3% to 2.88%
Rural Electrification Corporation Limited's allocation increased from 0.3% to 2.88%
Rec Limited's allocation increased from 0.67% to 2.14%
Rec Limited's allocation increased from 0.67% to 2.14%
Indian Railway Finance Corporation Limited's allocation increased from 1.42% to 2.78%
Indian Railway Finance Corporation Limited's allocation increased from 1.42% to 2.78%
Top Stocks sold last month
Small Industries Development Bank Of India's allocation decreased from 5.26 % to 4.83 %
Small Industries Development Bank Of India's allocation decreased from 5.26 % to 4.83 %
Export-Import Bank Of India's allocation decreased from 5.26 % to 2.9 %
Export-Import Bank Of India's allocation decreased from 5.26 % to 2.9 %
Rural Electrification Corporation Limited's allocation decreased from 5.26 % to 2.89 %
Rural Electrification Corporation Limited's allocation decreased from 5.26 % to 2.89 %
Cash allocation has gone up from 12.2% to 12.8%
Cash allocation has gone up from 12.2% to 12.8%
Debt allocation has gone down from 87.5% to 86.9%
Debt allocation has gone down from 87.5% to 86.9%

Top 2 Sectors in March were Corporate, Government

Mar'25
Corporate
50%
Government
43%
Feb'25
Corporate
48%
Government
46%
  • Debt & Cash

Holdings
Weight%
1M Change
6.79% Government Of India (07/10/2034)
6.79% Government Of India (07/10/2034)
8.81%
8.6%
7.32% Govt Stock 2030
7.32% Govt Stock 2030
7.55%
-8.6%
Bajaj Finance Limited
Bajaj Finance Limited
3.44%
0%
7.02% Govt Stock 2031
7.02% Govt Stock 2031
3.35%
0%
National Bank For Agriculture And Rural Development
National Bank For Agriculture And Rural Development
2.8%
0%
  • Returns %

  • Fund Ratios

  • Overview

Funds
1Y Returns
3Y Returns
5Y Returns
Since Inception
HSBC Short Duration Fund Direct Growth
HSBC Short Duration Fund Direct Growth
9.82%
7.18%
6.38%
7.8%
Bank of India Short Term Income Fund Direct Plan Growth
Bank of India Short Term Income Fund Direct Plan Growth
11.04%
9.93%
8.71%
6.99%
Kotak Bond Short Term Plan Direct Growth
Kotak Bond Short Term Plan Direct Growth
10.04%
7.65%
6.99%
8.16%
Mahindra Manulife Short Duration Fund Direct Growth
Mahindra Manulife Short Duration Fund Direct Growth
9.95%
7.67%
-
6.8%
Loading...
We are taking more time than usual
Shriram Ramanathan
Shriram Ramanathan
Fund Manager of HSBC Short Duration Fund Direct Growth, since 1 May 2024
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
In the last 1 year, Nippon India Short Term Fund - Direct Plan - Growth Plan has given 10.07% return, outperforming this fund by 0.25%.
Insights icon
In the last 5 years, UTI - Short Duration Fund - Direct Plan - Growth Option has given 8.05% return, outperforming this fund by 1.67% per annum.
Insights icon
In the last 3 years, ICICI Prudential Short Term Fund Direct Plan Growth Option has given 8.33% return, outperforming this fund by 1.15% per annum.
Insights icon
This fund has one of the lowest expense ratio in the category (short duration). Its expense ratio is 0.27% which is lower than the category average expense ratio of 0.71%.

HSBC Short 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 7.8% since inception which is more than its category average return of 5.98%
AUM size ₹3688 Cr

AUM size ₹3688 Cr

This fund has AUM of ₹3688 Cr which is less than its category average of ₹ 5277 Cr
Expense Ratio 0.27%

Expense Ratio 0.27%

This fund has an expense ratio of 0.27% which is less than its category average expense ratio of 0.68%

Frequently Asked Questions for HSBC Short Duration Fund Direct Growth

The current NAV of HSBC Short Duration Fund Direct Growth is ₹27.76 as on 23-Apr-2025.
Existing (Absolute + CAGR) as on 23-Apr-2025.
HSBC Short Duration Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
1.87%
1.87%
6 Month Returns
5.07%
5.07%
1 Year Returns
9.82%
9.82%
3 Years Returns
23.14%
7.18%
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.
0.27% as on March 2025
₹3688 Cr as on March 2025
6.79% Government Of India (07/10/2034)(8.81%), 7.32% Govt Stock 2030(7.55%), Bajaj Finance Limited(3.44%), 7.02% Govt Stock 2031(3.35%), National Bank For Agriculture And Rural Development(2.8%) as on March 2025
Corporate(49.75%), Government(42.54%), Cash Equivalent(7.71%) as on March 2025
Yield to Maturity is 7.37 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 2.82 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 Short Duration Fund Direct Growth
The Exit load of HSBC Short Duration Fund Direct Growth is 0%