Debt
Direct
Liquid
NAV as on 02-12-2024
₹ 2523.77
Inception Returns
6.9%
/yr
HSBC Liquid Fund Direct Growth is a debt fund. This fund was started on 31 December, 2012. The fund is managed by Kapil Punjabi, Shriram Ramanathan. This fund is suitable to keep your money safe.
HSBC Liquid Fund Direct Growth has given a CAGR return of 6.85% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 7.48%, 6.40% and 5.35% respectively.
HSBC Liquid Fund Direct Growth has allocated its funds majorly in Financial Services, Cash Equivalent, Corporate, Tech, Industrial. Its top holdings are 91 DTB 05122024, 91 DTB 21112024, 191 DTB 12/12/2024, 91 DTB 23012025, Axis Bank Ltd.
As it is a liquid 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.
Aims to provide reasonable returns, commensurate with low risk while providing a high level of liquidity, through a portfolio of money market and debt securities. However, there can be no assurance or guarantee that the investment objective of the scheme would be achieved.
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 1000.00. HSBC Liquid Fund Direct Growth has no lock in period.
Expense ratio | 0.12% |
Benchmark | CRISIL Liquid Fund TR INR |
AUM | ₹19182 Cr |
Inception Date | 31 December, 2012 |
Min Lumpsum/SIP | ₹5000/₹1000 |
Exit Load | 0.0% |
Lock In | No Lock-in |
TurnOver | 565.53% |
STCG | Selling within 36 months, gains taxed at slab rates. |
LTCG | Holding over 3 years, gains taxed at slab rates without indexation. |
Risk | Low to Moderate Risk |
as on (02-Dec-24)
as on (31-Dec-69)
Top 3 Sectors in October were Financial Services, Corporate & Tech
HSBC Liquid Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.57% | 0.57% |
6 Month Returns | 3.58% | 3.58% |
1 Year Returns | 7.48% | 7.48% |
3 Years Returns | 20.47% | 6.4% |
5 Years Returns | 29.8% | 5.35% |
AAA | 100 |