Debt
Direct
Low Duration
NAV as on 06-12-2024
₹ 28.55
Inception Returns
7.6%
/yr
HSBC Low Duration Fund Direct Growth is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Shriram Ramanathan. This fund is suitable to keep your money safe.
HSBC Low Duration Fund Direct Growth has given a CAGR return of 7.56% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 8.01%, 6.62% and 6.33% respectively.
HSBC Low Duration Fund Direct Growth has allocated its funds majorly in Corporate, Government, Cash Equivalent. Its top holdings are Bajaj Finance Limited, National Bank For Agriculture And Rural Development, National Housing Bank, Bajaj Housing Finance Limited, Power Grid Corporation Of India Limited
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.
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 for lump sum payment is INR 5000.00 and for SIP is INR 1000.00. HSBC Low Duration Fund Direct Growth has no lock in period.
Expense ratio | 0.24% |
Benchmark | CRISIL Liquid Fund TR INR |
AUM | ₹420 Cr |
Inception Date | 1 January, 2013 |
Min Lumpsum/SIP | ₹5000/₹1000 |
Exit Load | 0% |
Lock In | No Lock-in |
TurnOver | 292.77% |
STCG | Selling mutual fund 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 (06-Dec-24)
as on (31-Dec-69)
Top 2 Sectors in October were Corporate, Government
HSBC Low Duration Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.62% | 0.62% |
6 Month Returns | 3.94% | 3.94% |
1 Year Returns | 8.01% | 8.01% |
3 Years Returns | 21.2% | 6.62% |
5 Years Returns | 35.91% | 6.33% |
AAA | 89.14 |
AA | 10.86 |