HSBC Medium Duration Fund Direct Growth

HSBC Medium Duration Fund Direct Growth

Debt

Direct

Medium Duration

NAV as on 03-10-2024

₹ 20.87

-0.1%

1D

Inception Returns

7.9%

/yr

About the Fund

HSBC Medium Duration Fund Direct Growth is a debt fund. This fund was started on 2 February, 2015. The fund is managed by Shriram Ramanathan, Kapil Punjabi. This fund is suitable to keep your money safe.

Key Parameters

  1. HSBC Medium Duration Fund Direct Growth has ₹817 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
  2. The fund has an expense ratio 0.4.

Returns

HSBC Medium Duration Fund Direct Growth has given a CAGR return of 7.91% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 9.17%, 6.46% and 7.48% respectively.

Holdings

HSBC Medium Duration Fund Direct Growth has allocated its funds majorly in Government, Corporate, Cash Equivalent, Securitize. Its top holdings are 7.1% Govt Stock 2034, 7.32% Govt Stock 2030, Rural Electrification Corporation Limited, Indian Railway Finance Corporation Limited, 7.18% Govt Stock 2037

Taxation

As it is a medium 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 Medium Duration Fund Direct Growth

To seek to generate income by investing primarily in debt and money market 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 5000.00 and for SIP is INR 1000.00. HSBC Medium Duration Fund Direct Growth has no lock in period.

Historical NAV & Returns

Annualised

zero opening, trading, fund transfer fee
31 people have invested ₹ 23.5L in HSBC Medium Duration Fund Direct Growth in the last three months

Fund Overview

Expense ratio0.4%
Benchmark
CRISIL Short Term Bond Fund TR INR
AUM₹817 Cr
Inception Date2 February, 2015
Min Lumpsum/SIP₹5000/₹1000
Exit Load0%
Lock InNo Lock-in
TurnOver
152.92%
STCGSelling within 36 months, gains taxed at slab rates.
LTCGHolding over 3 years, gains taxed at slab rates without indexation.
Risk
Risk meter
pointer
Moderate Risk

Trailing Returns

as on (03-Oct-24)

Period
HSBC Medium Duration Fund Direct Growth
Medium Duration Index
1M
1%
0.8%
3M
2.6%
2.2%
6M
4.8%
4.1%
1Y
9.2%
8%
3Y
6.5%
5.9%
5Y
7.5%
5.9%

Fund Distribution

as on (31-Dec-69)

  • Debt & Cash 99.8%

AAA
82.6%

AA
17.4%

Sector Allocation

Aug'24

Jul'24

Jun'24

Government
46.4%
Corporate
44.3%
Cash Equivalent
7.6%
Securitize
1.7%
All changes are between Oct'69 and Dec'69
Parameters
Aug'24
Jul'24
Jun'24
AUM
₹ 812.2 Cr
₹ 812.2 Cr
₹ 806.6 Cr
  • AUM of the fund stands at 812.2 Cr as of Aug'24
  • AUM has remained same between Aug'24 and Jul'24
Cash allocation has gone up from 6.7% to 7.6%
Cash allocation has gone up from 6.7% to 7.6%
Debt allocation has gone down from 93.1% to 92.2%
Debt allocation has gone down from 93.1% to 92.2%

Top 3 Sectors in August were Government, Corporate & Securitize

Aug'24
Government
46%
Corporate
44%
Securitize
2%
Jul'24
Government
46%
Corporate
45%
Securitize
2%
  • Debt & Cash

Holdings
Weight%
1M Change
7.1% Govt Stock 2034
7.1% Govt Stock 2034
16.65%
-8.3%
7.32% Govt Stock 2030
7.32% Govt Stock 2030
8.97%
-20%
Rural Electrification Corporation Limited
Rural Electrification Corporation Limited
6.35%
0%
Indian Railway Finance Corporation Limited
Indian Railway Finance Corporation Limited
6.26%
0%
7.18% Govt Stock 2037
7.18% Govt Stock 2037
4.42%
75%
Loading...
We are taking more time than usual
Shriram Ramanathan
Shriram Ramanathan
Fund Manager of HSBC Medium Duration Fund Direct Growth, since 2 February 2015
Kapil Punjabi
Kapil Punjabi
Fund Manager of HSBC Medium Duration Fund Direct Growth, since 26 November 2022
Fund House
HSBC Asset Management(India)Private Ltd
Total Schemes
Total AUM
₹1.24L Cr
as on 31-Aug-2024
Address
HSBC Asset Management (India) Private Ltd.,16, V N Road,,Fort
Phone
+912266145000
Website
hsbcmf@hsbc.co.in

Mutual Fund Insights

Insights icon
This fund has one of the lowest expense ratio in the category (medium duration). Its expense ratio is 0.4% which is lower than the category average expense ratio of 0.85%.
Insights icon
In the last 5 years, Aditya Birla Sun Life Medium Term Plan Direct Plan Growth has given 9.6% return, outperforming this fund by 2.08% per annum.
Insights icon
In the last 1 year, Kotak Medium Term Direct Growth has given 10.95% return, outperforming this fund by 1.69%.
Insights icon
In the last 3 years, Aditya Birla Sun Life Medium Term Plan Direct Plan Growth has given 13.81% return, outperforming this fund by 7.32% per annum.

HSBC Medium Duration Fund Direct Growth 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 7.91% since inception which is more than its category average return of 4.66%
AUM size ₹0 Cr

AUM size ₹0 Cr

This fund has AUM of ₹0 Cr which is less than its category average of ₹ 1490 Cr
Expense Ratio 0.4%

Expense Ratio 0.4%

This fund has an expense ratio of 0.4% which is less than its category average expense ratio of 0.95%

Frequently Asked Questions

The current NAV of HSBC Medium Duration Fund Direct Growth is ₹20.87 as on 03-Oct-2024.
Existing (Absolute + CAGR) as on 03-Oct-2024.
HSBC Medium Duration Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
0.99%
0.99%
6 Month Returns
4.78%
4.78%
1 Year Returns
9.17%
9.17%
3 Years Returns
20.66%
6.46%
5 Years Returns
43.41%
7.48%
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.
0.4% as on September 2024
₹817 Cr as on September 2024
7.1% Govt Stock 2034(16.65%), 7.32% Govt Stock 2030(8.97%), Rural Electrification Corporation Limited(6.35%), Indian Railway Finance Corporation Limited(6.26%), 7.18% Govt Stock 2037(4.42%) as on September 2024
Government(50.32%), Corporate(40.89%), Cash Equivalent(7.12%) as on September 2024
Yield to Maturity is 7.77 as on September 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 3.71 as on September 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
82.58
AA
17.42
Shriram Ramanathan, Kapil Punjabi are the fund managers of HSBC Medium Duration Fund Direct Growth
The Exit load of HSBC Medium Duration Fund Direct Growth is 0%