HSBC CRISIL IBX Gilt June 2027 Index Fund Direct Growth

HSBC CRISIL IBX Gilt June 2027 Index Fund Direct Growth

Debt

Direct

Index Funds - Fixed Income

NAV as on 07-11-2024

₹ 11.31

Inception Returns

7.7%

/yr

About HSBC CRISIL IBX Gilt June 2027 Index Fund Direct Growth

HSBC CRISIL IBX Gilt June 2027 Index Fund Direct Growth is a debt fund. This fund was started on 27 March, 2023. The fund is managed by Kapil Punjabi. This fund is suitable to keep your money safe.

Key Parameters

  1. HSBC CRISIL IBX Gilt June 2027 Index Fund Direct Growth has ₹194 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
  2. The fund has an expense ratio 0.2.

Returns

HSBC CRISIL IBX Gilt June 2027 Index Fund Direct Growth has given a CAGR return of 7.71% since inception. Over the last 1 year the fund has given a CAGR return of 8.47%.

Holdings

HSBC CRISIL IBX Gilt June 2027 Index Fund Direct Growth has allocated its funds majorly in Government, Cash Equivalent. Its top holdings are 7.38% Govt Stock 2027, 8.24% Govt Stock 2027, 6.79% Govt Stock 2027

Taxation

As it is a index funds - fixed income 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 CRISIL IBX Gilt June 2027 Index Fund Direct Growth

The investment objective of the Scheme is to provide returns corresponding to the total returns of the securities as represented by the CRISIL-IBX Gilt Index - June 2027 before expenses, subject to tracking errors. However, there is no assurance that the investment objective of the Scheme will 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 CRISIL IBX Gilt June 2027 Index Fund Direct Growth has no lock in period.

Historical NAV & Returns

Annualised

zero opening, trading, fund transfer fee
6 people have invested ₹ 18K in HSBC CRISIL IBX Gilt June 2027 Index Fund Direct Growth in the last three months

HSBC CRISIL IBX Gilt June 2027 Index Fund Direct Growth Overview

Expense ratio0.17%
Benchmark
CRISIL IBX Gilt - June 2027
AUM₹194 Cr
Inception Date27 March, 2023
Min Lumpsum/SIP₹5000/₹1000
Exit Load0%
Lock InNo Lock-in
TurnOver
1189.68%
STCGSelling 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 (07-Nov-24)

Period
HSBC CRISIL IBX Gilt June 2027 Index Fund Direct Growth
1M
0.5%
-
3M
1.8%
-
6M
4.3%
-
1Y
8.5%
-

Fund Distribution

as on (31-Dec-69)

  • Debt & Cash 100%

AAA
100%

Sector Allocation

Sep'24

Aug'24

Jul'24

Government
98.8%
Cash Equivalent
1.2%
All changes are between Oct'69 and Dec'69
Parameters
Sep'24
Aug'24
Jul'24
AUM
₹ 202.5 Cr
₹ 202.5 Cr
₹ 201.7 Cr
  • AUM of the fund stands at 202.5 Cr as of Sep'24
  • AUM has remained same between Sep'24 and Aug'24
Cash allocation has gone up from 0.8% to 1.1%
Cash allocation has gone up from 0.8% to 1.1%
Debt allocation has gone down from 99.2% to 98.9%
Debt allocation has gone down from 99.2% to 98.9%

Top Sector in September was Government

Sep'24
Government
99%
Aug'24
Government
99%
  • Debt & Cash

Holdings
Weight%
1M Change
7.38% Govt Stock 2027
7.38% Govt Stock 2027
77.72%
-3.3%
8.24% Govt Stock 2027
8.24% Govt Stock 2027
10.78%
0%
6.79% Govt Stock 2027
6.79% Govt Stock 2027
10.62%
0%
  • Returns %

  • Fund Ratios

  • Overview

Funds
1Y Returns
3Y Returns
5Y Returns
Since Inception
HSBC CRISIL IBX Gilt June 2027 Index Fund Direct Growth
HSBC CRISIL IBX Gilt June 2027 Index Fund Direct Growth
8.47%
-
-
7.71%
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Kapil Punjabi
Kapil Punjabi
Fund Manager of HSBC CRISIL IBX Gilt June 2027 Index Fund Direct Growth, since 27 March 2023
Fund House
HSBC Asset Management (India) Private Ltd
Total Schemes
Total AUM
₹1.27L Cr
as on 30-Sep-2024
Address
HSBC Asset Management (India) Private Ltd.,16, V N Road,,Fort
Phone
+912266145000
Website
hsbcmf@hsbc.co.in

HSBC CRISIL IBX Gilt June 2027 Index 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 7.71% since inception which is more than its category average return of 6.37%
AUM size ₹194 Cr

AUM size ₹194 Cr

This fund has AUM of ₹194 Cr which is less than its category average of ₹ 1405 Cr
Expense Ratio 0.17%

Expense Ratio 0.17%

This fund has an expense ratio of 0.17% which is less than its category average expense ratio of 0.26%

Frequently Asked Questions for HSBC CRISIL IBX Gilt June 2027 Index Fund Direct Growth

The current NAV of HSBC CRISIL IBX Gilt June 2027 Index Fund Direct Growth is ₹11.31 as on 07-Nov-2024.
Existing (Absolute + CAGR) as on 07-Nov-2024.
HSBC CRISIL IBX Gilt June 2027 Index Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
0.51%
0.51%
6 Month Returns
4.32%
4.32%
1 Year Returns
8.47%
8.47%
3 Years Returns
0%
0%
5 Years Returns
0%
0%
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.
0.17% as on October 2024
₹194 Cr as on October 2024
AAA
100
Kapil Punjabi is the fund manager of HSBC CRISIL IBX Gilt June 2027 Index Fund Direct Growth
The Exit load of HSBC CRISIL IBX Gilt June 2027 Index Fund Direct Growth is 0%