HSBC Low Duration Fund Direct Plan Annual Payout of Income Dis cum Cap Wrdl

HSBC Low Duration Fund Direct Plan Annual Payout of Income Dis cum Cap Wrdl

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Debt
Direct
Low Duration
NAV: ₹ 10.6 as on 12-06-2024

About the Fund

HSBC Low Duration Fund Direct Plan Annual Payout of Income Dis cum Cap Wrdl is a debt fund. This fund was started on 5 April, 2017. The fund is managed by Shriram Ramanathan. This fund is suitable to keep your money safe.

Key Parameters

  1. HSBC Low Duration Fund Direct Plan Annual Payout of Income Dis cum Cap Wrdl has ₹419 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.

Returns

HSBC Low Duration Fund Direct Plan Annual Payout of Income Dis cum Cap Wrdl has given a CAGR return of 4.16% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of -0.92%, 2.82% and 3.91% respectively.

Holdings

HSBC Low Duration Fund Direct Plan Annual Payout of Income Dis cum Cap Wrdl has allocated its funds majorly in Corporate, Government, Cash Equivalent. Its top holdings are Power Grid Corporation Of India Limited, Small Industries Development Bank Of India, Power Finance Corporation Ltd., Bharti Telecom Limited, Rural Electrification Corporation Limited

Taxation

As it is a low duration 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 Low Duration Fund Direct Plan Annual Payout of Income Dis cum Cap Wrdl

To provide liquidity and reasonable returns by investing primarily in a mix of short term debt and money market instruments such that the Macaulay duration of the portfolio is between 6 months to 12 months. However, there can be no assurance or guarantee that the investment objective of the scheme would be achieved.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 10000.00 and for SIP is INR 0.00. HSBC Low Duration Fund Direct Plan Annual Payout of Income Dis cum Cap Wrdl has no lock in period.

Fund Performance

Overview

Expense ratio
Expense ratio
0.25%
Benchmark
Benchmark
CRISIL Liquid Fund TR INR
AUM
AUM
₹419 Cr
Inception Date
Inception Date
5 April, 2017
Min Lumpsum/SIP
Min Lumpsum/SIP
--/--
Exit Load
Exit Load
0%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
292.77%

HSBC Low Duration Fund Direct Plan Annual Payout of Income Dis cum Cap Wrdl Distribution as on (31-Dec-69)

  • Debt & Cash 99.7%

Credit rating breakup

AAA
83.4%
AA
16.6%
Sector Allocation

Apr'24

Mar'24

Feb'24

Corporate
66.8%
Cash Equivalent
16.7%
Government
16.6%

Monthly Changes Updates

All changes are between Oct'69 and Dec'69
AUM Change
Parameters
Apr'24
Mar'24
Feb'24
AUM
₹ 439.2 Cr
₹ 439.2 Cr
₹ 601.2 Cr
  • AUM of the fund stands at 439.2 Cr as of Apr'24
  • AUM has remained same between Apr'24 and Mar'24
Fund Portfolio Changes

Top Holdings of HSBC Low Duration Fund Direct Plan Annual Payout of Income Dis cum Cap Wrdl as on (31-May-24)

  • Debt & Cash

Debt Holdings22
Holdings
Weight%
1M Change
Power Grid Corporation Of India Limited
Power Grid Corporation Of India Limited
6.41%
0%
Small Industries Development Bank Of India
Small Industries Development Bank Of India
6.26%
0%
Power Finance Corporation Ltd.
Power Finance Corporation Ltd.
6.23%
0%
Bharti Telecom Limited
Bharti Telecom Limited
6.17%
0%
Rural Electrification Corporation Limited
Rural Electrification Corporation Limited
6.14%
0%

Fund Manager

Shriram Ramanathan
Shriram Ramanathan
Fund Manager of HSBC Low Duration Fund Direct Plan Annual Payout of Income Dis cum Cap Wrdl, since 24 November 2012

HSBC Low Duration Fund Direct Plan Annual Payout of Income Dis cum Cap Wrdl 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 4.16% since inception which is less than its category average return of 4.97%
AUM size ₹419 Cr

AUM size ₹419 Cr

This fund has AUM of ₹419 Cr which is less than its category average of ₹ 3745 Cr
Expense Ratio 0.25%

Expense Ratio 0.25%

This fund has an expense ratio of 0.25% which is less than its category average expense ratio of 0.65%

Frequently Asked Questions

The current NAV of HSBC Low Duration Fund Direct Plan Annual Payout of Income Dis cum Cap Wrdl is ₹10.6 as on 12-Jun-2024.
Existing (Absolute + CAGR) as on 12-Jun-2024.
HSBC Low Duration Fund Direct Plan Annual Payout of Income Dis cum Cap Wrdl
Absolute Returns
CAGR Returns
1 Month Returns
0.68%
0.68%
6 Month Returns
-4.39%
-4.39%
1 Year Returns
-0.92%
-0.92%
3 Years Returns
8.69%
2.82%
5 Years Returns
21.16%
3.91%
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  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
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0.25% as on May 2024
₹419 Cr as on May 2024
Power Grid Corporation Of India Limited(6.41%), Small Industries Development Bank Of India(6.26%), Power Finance Corporation Ltd.(6.23%), Bharti Telecom Limited(6.17%), Rural Electrification Corporation Limited(6.14%) as on May 2024
Corporate(67.62%), Government(24.03%), Cash Equivalent(8.35%) as on May 2024
Yield to Maturity is 7.84 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 0.89 as on May 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
83.4
AA
16.6
Shriram Ramanathan is the fund manager of HSBC Low Duration Fund Direct Plan Annual Payout of Income Dis cum Cap Wrdl
The Exit load of HSBC Low Duration Fund Direct Plan Annual Payout of Income Dis cum Cap Wrdl is 0%