HSBC Corporate Bond Fund Direct Plan Annual Payout of Income Distribution cum Cap Wrdl

Debt
Direct
Corporate Bond
HSBC Corporate Bond Fund Direct Plan Annual Payout of Income Distribution cum Cap Wrdl

About the Fund

HSBC Corporate Bond Fund Direct Plan Annual Payout of Income Distribution cum Cap Wrdl is a debt fund. This fund was started on 7 March, 2019. The fund is managed by Shriram Ramanathan, Jalpan Shah. This fund is suitable to keep your money safe.

Key Parameters

  1. HSBC Corporate Bond Fund Direct Plan Annual Payout of Income Distribution cum Cap Wrdl has ₹5965 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 Corporate Bond Fund Direct Plan Annual Payout of Income Distribution cum Cap Wrdl has given a CAGR return of 7.01% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 6.00%, 4.77% and 6.62% respectively.

Holdings

HSBC Corporate Bond Fund Direct Plan Annual Payout of Income Distribution cum Cap Wrdl has allocated its funds majorly in Government, Financial Services, Consumer Cyclical, Corporate, Cash Equivalent. Its top holdings are 7.38% Govt Stock 2027, Ntpc Limited, National Highways Authority Of India, Indian Oil Corporation Limited, Power Grid Corporation Of India Limited

Taxation

As it is a corporate 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:
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 Corporate Bond Fund Direct Plan Annual Payout of Income Distribution cum Cap Wrdl

To generate regular return by investing predominantly in AA+ and above rated debt and money market instruments. 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 10000.00 and for SIP is INR 0.00. HSBC Corporate Bond Fund Direct Plan Annual Payout of Income Distribution cum Cap Wrdl has no lock in period.

Fund Performance

Fund Overview

Expense ratio
Expense ratio
0.3%
Benchmark
Benchmark
CRISIL Short Term Bond Fund TR INR
AUM
AUM
₹5965 Cr
Inception Date
Inception Date
7 March, 2019
Min Lumpsum/SIP
Min Lumpsum/SIP
--/--
Exit Load
Exit Load
0%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
21.01%

Fund Distribution
as on (31-Dec-69)

  • Debt & Cash 99.7%

AAA
100%

Sector Allocation

May'24

Apr'24

Mar'24

Government
76.7%
Corporate
22.7%
Cash Equivalent
0.6%
All changes are between Oct'69 and Dec'69

as on (31-May-24)

  • Debt & Cash

Holdings
Weight%
1M Change
7.38% Govt Stock 2027
7.38% Govt Stock 2027
8.3%
0%
Ntpc Limited
Ntpc Limited
6.03%
0%
National Highways Authority Of India
National Highways Authority Of India
5.44%
0%
Indian Oil Corporation Limited
Indian Oil Corporation Limited
5.35%
0%
Power Grid Corporation Of India Limited
Power Grid Corporation Of India Limited
4.79%
0%

Shriram Ramanathan
Shriram Ramanathan
Fund Manager of HSBC Corporate Bond Fund Direct Plan Annual Payout of Income Distribution cum Cap Wrdl, since 30 June 2014
Jalpan Shah
Jalpan Shah
Fund Manager of HSBC Corporate Bond Fund Direct Plan Annual Payout of Income Distribution cum Cap Wrdl, since 3 April 2017

HSBC Corporate Bond Fund Direct Plan Annual Payout of Income Distribution cum Cap Wrdl 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 7.01% since inception which is more than its category average return of 5.48%
AUM size ₹5965 Cr

AUM size ₹5965 Cr

This fund has AUM of ₹5965 Cr which is less than its category average of ₹ 6125 Cr
Expense Ratio 0.3%

Expense Ratio 0.3%

This fund has an expense ratio of 0.3% which is less than its category average expense ratio of 0.59%

Frequently Asked Questions

The current NAV of HSBC Corporate Bond Fund Direct Plan Annual Payout of Income Distribution cum Cap Wrdl is ₹11.81 as on 14-Jun-2024.
Existing (Absolute + CAGR) as on 14-Jun-2024.
HSBC Corporate Bond Fund Direct Plan Annual Payout of Income Distribution cum Cap Wrdl
Absolute Returns
CAGR Returns
1 Month Returns
0.77%
0.77%
6 Month Returns
3.56%
3.56%
1 Year Returns
6%
6%
3 Years Returns
15.01%
4.77%
5 Years Returns
37.77%
6.62%
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.
0.3% as on May 2024
₹5965 Cr as on May 2024
7.38% Govt Stock 2027(8.3%), Ntpc Limited(6.03%), National Highways Authority Of India(5.44%), Indian Oil Corporation Limited(5.35%), Power Grid Corporation Of India Limited(4.79%) as on May 2024
Government(76.71%), Corporate(22.68%), Cash Equivalent(0.61%) as on May 2024
Yield to Maturity is 7.48 as on May 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 3.61 as on May 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
100
Shriram Ramanathan, Jalpan Shah are the fund managers of HSBC Corporate Bond Fund Direct Plan Annual Payout of Income Distribution cum Cap Wrdl
The Exit load of HSBC Corporate Bond Fund Direct Plan Annual Payout of Income Distribution cum Cap Wrdl is 0%