HSBC Credit Risk Fund Direct Plan Annual Payout of Income Dis cum Cap wdrl

Debt
Direct
Credit Risk
HSBC Credit Risk Fund Direct Plan Annual Payout of Income Dis cum Cap wdrl

About the Fund

HSBC Credit Risk Fund Direct Plan Annual Payout of Income Dis cum Cap wdrl is a debt fund. This fund was started on 28 September, 2015. The fund is managed by Kapil Punjabi, Shriram Ramanathan. This fund is suitable to keep your money safe.

Key Parameters

  1. HSBC Credit Risk Fund Direct Plan Annual Payout of Income Dis cum Cap wdrl has ₹576 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
  2. The fund has an expense ratio 0.9.

Returns

HSBC Credit Risk Fund Direct Plan Annual Payout of Income Dis cum Cap wdrl has given a CAGR return of 4.02% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of -1.15%, 1.65% and 2.58% respectively.

Holdings

HSBC Credit Risk Fund Direct Plan Annual Payout of Income Dis cum Cap wdrl has allocated its funds majorly in Corporate, Government, Cash Equivalent. Its top holdings are 7.18% Govt Stock 2033, Nuvoco Vistas Corporation Limited, Dlf Cyber City Developers Ltd, Nirma Limited, Small Industries Development Bank Of India

Taxation

As it is a credit risk 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 Credit Risk Fund Direct Plan Annual Payout of Income Dis cum Cap wdrl

To generate regular returns and capital appreciation by investing predominantly in AA and below rated corporate bonds, debt, government securities 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 Credit Risk Fund Direct Plan Annual Payout of Income Dis cum Cap wdrl has no lock in period.

Fund Performance

Fund Overview

Expense ratio0.86%
Benchmark
CRISIL Short Term Bond Fund TR INR
AUM₹576 Cr
Inception Date28 September, 2015
Min Lumpsum/SIP--/--
Exit Load
3%
Lock InNo Lock-in
TurnOver
135.55%
Risk
Risk meter
pointer
Moderately High risk

Fund Distribution
as on (31-Dec-69)

  • Debt & Cash 99.8%

AA
62.8%

AAA
37.2%

Sector Allocation

May'24

Apr'24

Mar'24

Corporate
68.6%
Government
25.1%
Cash Equivalent
6.3%
All changes are between Oct'69 and Dec'69

as on (31-May-24)

  • Debt & Cash

Holdings
Weight%
1M Change
7.18% Govt Stock 2033
7.18% Govt Stock 2033
24.15%
35%
Nuvoco Vistas Corporation Limited
Nuvoco Vistas Corporation Limited
4.56%
0%
Dlf Cyber City Developers Ltd
Dlf Cyber City Developers Ltd
4.47%
0%
Small Industries Development Bank Of India
Small Industries Development Bank Of India
4.45%
0%
Nirma Limited
Nirma Limited
4.45%
0%

Kapil Punjabi
Kapil Punjabi
Fund Manager of HSBC Credit Risk Fund Direct Plan Annual Payout of Income Dis cum Cap wdrl, since 26 November 2022
Shriram Ramanathan
Shriram Ramanathan
Fund Manager of HSBC Credit Risk Fund Direct Plan Annual Payout of Income Dis cum Cap wdrl, since 24 November 2012

HSBC Credit Risk Fund Direct Plan Annual Payout of Income Dis cum Cap wdrl Highlights

Risk meter
pointer

Moderately High risk

Investors understand that their principal will be at Moderately High risk
About the fund

About the fund

This fund has delivered an average annual returns of 4.02% since inception which is less than its category average return of 5.28%
AUM size ₹576 Cr

AUM size ₹576 Cr

This fund has AUM of ₹576 Cr which is less than its category average of ₹ 1230 Cr
Expense Ratio 0.86%

Expense Ratio 0.86%

This fund has an expense ratio of 0.86% which is less than its category average expense ratio of 1.14%

Frequently Asked Questions

The current NAV of HSBC Credit Risk Fund Direct Plan Annual Payout of Income Dis cum Cap wdrl is ₹12.34 as on 20-Jun-2024.
Existing (Absolute + CAGR) as on 20-Jun-2024.
HSBC Credit Risk Fund Direct Plan Annual Payout of Income Dis cum Cap wdrl
Absolute Returns
CAGR Returns
1 Month Returns
0.76%
0.76%
6 Month Returns
-4.46%
-4.46%
1 Year Returns
-1.15%
-1.15%
3 Years Returns
5.02%
1.65%
5 Years Returns
13.59%
2.58%
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.
0.86% as on May 2024
₹576 Cr as on May 2024
7.18% Govt Stock 2033(24.15%), Nuvoco Vistas Corporation Limited(4.56%), Dlf Cyber City Developers Ltd(4.47%), Nirma Limited(4.45%), Small Industries Development Bank Of India(4.45%) as on May 2024
Corporate(68.65%), Government(25.09%), Cash Equivalent(6.26%) as on May 2024
Yield to Maturity is 8.14 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 2.38 as on May 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AA
62.82
AAA
37.18
Kapil Punjabi, Shriram Ramanathan are the fund managers of HSBC Credit Risk Fund Direct Plan Annual Payout of Income Dis cum Cap wdrl
The Exit load of HSBC Credit Risk Fund Direct Plan Annual Payout of Income Dis cum Cap wdrl is 3%