HSBC Corporate Bond Fund Direct Plan Growth Plan

HSBC Corporate Bond Fund Direct Plan Growth Plan

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Debt
Direct
Corporate Bond
NAV: ₹ 70.66 as on 22-05-2024

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 ₹5986 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.
Fund Performance
zero opening, trading, fund transfer fee
99 people have invested ₹ 8.9L in HSBC Corporate Bond Fund Direct Plan Growth Plan in the last three months

Overview

Expense ratio
Expense ratio
0.3%
Benchmark
Benchmark
CRISIL Short Term Bond Fund TR INR
AUM
AUM
₹5986 Cr
Inception Date
Inception Date
1 January, 2013
Min Lumpsum/SIP
Min Lumpsum/SIP
₹5000/₹1000
Exit Load
Exit Load
0.5%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
21.01%

HSBC Corporate Bond Fund Direct Plan Growth Plan Distribution as on (31-Dec-69)

  • Debt & Cash 99.7%

Credit rating breakup

AAA
100%
Sector Allocation

Apr'24

Mar'24

Feb'24

Government
76.6%
Corporate
22.4%
Cash Equivalent
1%

Top Holdings of HSBC Corporate Bond Fund Direct Plan Growth Plan as on (30-Apr-24)

  • Debt & Cash

Debt Holdings61
Holdings
Weight%
1M Change
7.38% Govt Stock 2027
7.38% Govt Stock 2027
8.26%
0%
Ntpc Limited
Ntpc Limited
6%
0%
National Highways Authority Of India
National Highways Authority Of India
5.41%
0%
Indian Oil Corporation Limited
Indian Oil Corporation Limited
5.34%
0%
Power Grid Corporation Of India Limited
Power Grid Corporation Of India Limited
4.78%
0%

Monthly Changes Updates

All changes are between Oct'69 and Dec'69
AUM Change
Parameters
Apr'24
Mar'24
Feb'24
AUM
₹ 6.1K Cr
₹ 6.1K Cr
₹ 6.2K Cr
  • AUM of the fund stands at 6.1K Cr as of Apr'24
  • AUM has remained same between Apr'24 and Mar'24
Fund Portfolio Changes

Mutual Fund Insights

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This fund has one of the lowest expense ratio in the category (corporate bond). Its expense ratio is 0.3% which is lower than the category average expense ratio of 0.49%.
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In the last 5 years, this fund has outperformed all funds in its category.
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In the last 1 year, ICICI Prudential Corporate Bond Fund Direct Plan Growth has given 7.69% return, outperforming this fund by 1.43%.
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Over the last 6 months, this fund has experienced a 9.4% drop in AUM moving from 6.60K Cr to 5.98K Cr.
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In the last 3 years, Nippon India Corporate Bond Fund Direct Plan Growth Plan has given 6.28% return, outperforming this fund by 0.99% per annum.
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Over the last 6 months, this fund has increased expense ratio by 3.4% moving from 0.29 to 0.30.

Fund Manager

Shriram Ramanathan
Shriram Ramanathan
Fund Manager of HSBC Corporate Bond Fund Direct Plan Growth Plan, since 30 June 2014
Jalpan Shah
Jalpan Shah
Fund Manager of HSBC Corporate Bond Fund Direct Plan Growth Plan, since 3 April 2017

HSBC Corporate Bond Fund Direct Plan Growth Plan 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 7.6% since inception which is more than its category average return of 5.48%
AUM size ₹5986 Cr

AUM size ₹5986 Cr

This fund has AUM of ₹5986 Cr which is less than its category average of ₹ 6076 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 Growth Plan is ₹70.66 as on 22-May-2024.
Existing (Absolute + CAGR) as on 22-May-2024.
HSBC Corporate Bond Fund Direct Plan Growth Plan
Absolute Returns
CAGR Returns
1 Month Returns
0.99%
0.99%
6 Month Returns
4.08%
4.08%
1 Year Returns
6.27%
6.27%
3 Years Returns
16.7%
5.28%
5 Years Returns
45.1%
7.73%
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 April 2024
₹5986 Cr as on April 2024
7.38% Govt Stock 2027(8.26%), Ntpc Limited(6%), National Highways Authority Of India(5.41%), Indian Oil Corporation Limited(5.34%), Power Grid Corporation Of India Limited(4.78%) as on April 2024
Government(76.73%), Corporate(22.57%), Cash Equivalent(0.7%) as on April 2024
Yield to Maturity is 7.57 as on April 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 3.67 as on April 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 Growth Plan
The Exit load of HSBC Corporate Bond Fund Direct Plan Growth Plan is 0.5%