HSBC Corporate Bond Fund Direct Plan Growth Plan
Debt
Direct
Corporate Bond
NAV: ₹ 66.5 as on 31-05-2023
Fund Performance
104 people have invested ₹ 14.5L in HSBC Corporate Bond Fund Direct Plan Growth Plan in the last three months
Fund Insights
In the last 1 year, HSBC Corporate Bond Fund Direct Plan Growth Plan has outperformed all funds in its category
In the last 3 years, Nippon India Corporate Bond Fund Direct Plan Growth Plan has given 6.63% return, outperforming HSBC Corporate Bond Fund Direct Plan Growth Plan by 1.39% per annum
In the last 5 years, HSBC Corporate Bond Fund Direct Plan Growth Plan has outperformed all funds in its category
HSBC Corporate Bond Fund Direct Plan Growth Plan has one of the lowest expense ratio in the category (corporate bond). Its expense ratio is 0.29% which is lower than the category average expense ratio of 0.47%
About the Fund
HSBC Corporate Bond Fund Direct Plan Growth Plan 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.
Key parameters
1) HSBC Corporate Bond Fund Direct Plan Growth Plan has a NAV of ₹66.5368 as on 31-05-2023.
2) HSBC Corporate Bond Fund Direct Plan Growth Plan has ₹7121 Cr worth of assets under management (AUM) as on 31-03-2023 and is more than category average.
3) The fund has an expense ratio 0.29 %.
HSBC Corporate Bond Fund Direct Plan Growth Plan Overview
 | 0.29% |
 Benchmark | CRISIL Short Term Bond Fund TR INR |
 | ₹7121 Cr |
 | 1 January, 2013 |
 | ₹5000/₹1000 |
 Exit Load | 0.5% |
 | No Lock-in |
 TurnOver | 23.09% |
Fund Distribution as on (30-Apr-23)
Credit rating breakup
AAA
100%
Sector Allocation
Government
74%
Corporate
20.3%
Cash Equivalent
5.7%
Top Holdings of HSBC Corporate Bond Fund Direct Plan Growth Plan as on (30-Apr-23)
Debt Holdings60
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 7.38 6/20/2027 12:00:00 Am | 8.22% | 0% | |
7.17 1/8/2028 12:00:00 Am | 5.89% | 0% | |
Ntpc Limited | 5.16% | 0% | |
7.26 1/14/2029 12:00:00 Am | 4.8% | 0% | |
National Highways Authority Of India | 4.66% | 0% |
See all
HSBC Corporate Bond Fund Direct Plan Growth Plan: Monthly Changes Updates
All changes are between Feb'23 and Apr'23
Fund Performance
- This fund’s returns stands at -0.04% whereas the fund’s underlying benchmark Corporate Bond Index returns stands at 0.25% as on Apr'23
- This fund underperformed Corporate Bond Index by 0.30% in Apr'23
AUM Change
- AUM of the fund stands at 6.9K Cr as of Mar'23
- AUM increased by 111.3 Cr between Mar'23 and Feb'23
Fund Portfolio Changes
Peer Analysis
HSBC Corporate Bond Fund Direct Plan Growth Plan Fund Manager
Shriram Ramanathan
Fund Manager of HSBC Corporate Bond Fund Direct Plan Growth Plan, since 30 June 2014
Top funds managed
Jalpan Shah
Fund Manager of HSBC Corporate Bond Fund Direct Plan Growth Plan, since 3 April 2017
Top funds managed
Fund Highlights
Moderate Risk
Investors understand that their principal will be at Moderate Risk
About the fund
This fund has delivered an average annual returns of 7.72% since inception which is more than its category average return of 5.44%
AUM size ₹7121 Cr
This fund has AUM of ₹7121 Cr which is more than its category average of ₹ 5506 Cr
Expense Ratio 0.29%
This fund has an expense ratio of 0.29% which is less than its category average expense ratio of 0.58%
Frequently Asked Questions
The current NAV of HSBC Corporate Bond Fund Direct Plan Growth Plan is ₹66.54 as on 31-May-2023.
Existing (Absolute + CAGR) as on 31-May-2023.
HSBC Corporate Bond Fund Direct Plan Growth Plan | Absolute Returns | CAGR Returns |
1 Month Returns | 0.85% | 0.85% |
6 Month Returns | 4.17% | 4.17% |
1 Year Returns | 8.07% | 8.07% |
3 Years Returns | 16.58% | 5.25% |
5 Years Returns | 48.59% | 8.24% |
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.
0.29% as on May 2023
₹7121 Cr as on May 2023
7.38 6/20/2027 12:00:00 Am(8.22%), 7.17 1/8/2028 12:00:00 Am(5.89%), Ntpc Limited(5.16%), 7.26 1/14/2029 12:00:00 Am(4.8%), National Highways Authority Of India(4.66%) as on May 2023
Government(75.53%), Corporate(20.8%), Cash Equivalent(3.67%) as on January 1
Yield to Maturity is 7.32 as on May 2023. 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 4.22 as on May 2023. 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 Growth Plan
The Exit load of HSBC Corporate Bond Fund Direct Plan Growth Plan is 0.5%