HSBC Gilt Fund Direct Plan Quarterly Payout of Income Distribution cum Cap Wrdl

HSBC Gilt Fund Direct Plan Quarterly Payout of Income Distribution cum Cap Wrdl

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Debt
Direct
Government Bond
NAV: ₹ 12.66 as on 11-06-2024

About the Fund

HSBC Gilt Fund Direct Plan Quarterly Payout of Income Distribution cum Cap Wrdl is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Jalpan Shah, Shriram Ramanathan. This fund is suitable to keep your money safe.

Key Parameters

  1. HSBC Gilt Fund Direct Plan Quarterly Payout of Income Distribution cum Cap Wrdl has ₹195 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
  2. The fund has an expense ratio 0.5.

Returns

HSBC Gilt Fund Direct Plan Quarterly Payout of Income Distribution cum Cap Wrdl has given a CAGR return of 6.98% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 7.59%, 4.59% and 5.68% respectively.

Holdings

HSBC Gilt Fund Direct Plan Quarterly Payout of Income Distribution cum Cap Wrdl has allocated its funds majorly in Government, Cash Equivalent. Its top holdings are 7.3% Govt Stock 2053, 7.18% Govt Stock 2033, 7.18% Govt Stock 2037, 07.71 MH Sdl 2033, 7.34% Govt Stock 2064

Taxation

As it is a government 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 Gilt Fund Direct Plan Quarterly Payout of Income Distribution cum Cap Wrdl

To generate returns from a portfolio from investments in Government Securities. 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 Gilt Fund Direct Plan Quarterly Payout of Income Distribution cum Cap Wrdl has no lock in period.

Fund Performance

Overview

Expense ratio
Expense ratio
0.48%
Benchmark
Benchmark
ICICI Securities Mibex TR INR
AUM
AUM
₹195 Cr
Inception Date
Inception Date
1 January, 2013
Min Lumpsum/SIP
Min Lumpsum/SIP
--/--
Exit Load
Exit Load
0%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
700.99%

HSBC Gilt Fund Direct Plan Quarterly Payout of Income Distribution cum Cap Wrdl Distribution as on (31-Dec-69)

  • Debt & Cash 100%

Credit rating breakup

AAA
100%
Sector Allocation

Apr'24

Mar'24

Feb'24

Government
98.3%
Cash Equivalent
1.7%

Monthly Changes Updates

All changes are between Oct'69 and Dec'69
AUM Change
Parameters
Apr'24
Mar'24
Feb'24
AUM
₹ 202.7 Cr
₹ 202.7 Cr
₹ 209 Cr
  • AUM of the fund stands at 202.7 Cr as of Apr'24
  • AUM has remained same between Apr'24 and Mar'24
Fund Portfolio Changes

Top Holdings of HSBC Gilt Fund Direct Plan Quarterly Payout of Income Distribution cum Cap Wrdl as on (31-May-24)

  • Debt & Cash

Debt Holdings7
Holdings
Weight%
1M Change
7.3% Govt Stock 2053
7.3% Govt Stock 2053
26.39%
0%
7.18% Govt Stock 2033
7.18% Govt Stock 2033
25.83%
-8.7%
7.18% Govt Stock 2037
7.18% Govt Stock 2037
23.34%
0%
07.71 MH Sdl 2033
07.71 MH Sdl 2033
12.87%
0%
7.34% Govt Stock 2064
7.34% Govt Stock 2064
5.17%
0%

Fund Manager

Jalpan Shah
Jalpan Shah
Fund Manager of HSBC Gilt Fund Direct Plan Quarterly Payout of Income Distribution cum Cap Wrdl, since 30 May 2016
Shriram Ramanathan
Shriram Ramanathan
Fund Manager of HSBC Gilt Fund Direct Plan Quarterly Payout of Income Distribution cum Cap Wrdl, since 3 April 2017

HSBC Gilt Fund Direct Plan Quarterly Payout of Income Distribution cum Cap Wrdl Highlights

Risk meter
pointer

Moderate Risk

Investors understand that their principal will be at Moderate Risk
About the fund

About the fund

This fund has delivered an average annual returns of 6.98% since inception which is more than its category average return of 6.78%
AUM size ₹195 Cr

AUM size ₹195 Cr

This fund has AUM of ₹195 Cr which is less than its category average of ₹ 1477 Cr
Expense Ratio 0.48%

Expense Ratio 0.48%

This fund has an expense ratio of 0.48% which is less than its category average expense ratio of 0.88%

Frequently Asked Questions

The current NAV of HSBC Gilt Fund Direct Plan Quarterly Payout of Income Distribution cum Cap Wrdl is ₹12.66 as on 11-Jun-2024.
Existing (Absolute + CAGR) as on 11-Jun-2024.
HSBC Gilt Fund Direct Plan Quarterly Payout of Income Distribution cum Cap Wrdl
Absolute Returns
CAGR Returns
1 Month Returns
1.23%
1.23%
6 Month Returns
5.59%
5.59%
1 Year Returns
7.59%
7.59%
3 Years Returns
14.41%
4.59%
5 Years Returns
31.83%
5.68%
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  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.
0.48% as on May 2024
₹195 Cr as on May 2024
7.3% Govt Stock 2053(26.39%), 7.18% Govt Stock 2033(25.83%), 7.18% Govt Stock 2037(23.34%), 07.71 MH Sdl 2033(12.87%), 7.34% Govt Stock 2064(5.17%) as on May 2024
Yield to Maturity is 7.38 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 7.44 as on May 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
100
Jalpan Shah, Shriram Ramanathan are the fund managers of HSBC Gilt Fund Direct Plan Quarterly Payout of Income Distribution cum Cap Wrdl
The Exit load of HSBC Gilt Fund Direct Plan Quarterly Payout of Income Distribution cum Cap Wrdl is 0%