HSBC Medium Duration Fund Direct Growth
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
- HSBC Medium Duration Fund Direct Growth has ₹807 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
- The fund has an expense ratio 0.4.
Returns
HSBC Medium Duration Fund Direct Growth has given a CAGR return of 7.84% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 7.97%, 6.29% and 7.22% 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, 7.18% Govt Stock 2033, Power Finance Corp Ltd., Rural Electrification Corporation Limited, Indian Railway Finance Corporation Limited
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.
Fund Overview
| Expense ratio | 0.4% |
Benchmark | CRISIL Short Term Bond Fund TR INR |
| AUM | ₹807 Cr |
| Inception Date | 2 February, 2015 |
| Min Lumpsum/SIP | ₹5000/₹1000 |
| Exit Load | 0% |
| Lock In | No Lock-in |
TurnOver | 118.19% |
| Risk |   Moderate Risk |
Fund Distributionas on (31-Dec-69)
as on (30-Jun-24)
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 7.1% Govt Stock 2034 | 12.05% | -6.7% | |
7.18% Govt Stock 2033 | 8.99% | 0% | |
Power Finance Corp Ltd. | 6.38% | 0% | |
Rural Electrification Corporation Limited | 6.34% | 0% | |
Indian Railway Finance Corporation Limited | 6.27% | 0% |
Mutual Fund Insights
HSBC Medium Duration Fund Direct Growth Highlights
Moderate Risk
About the fund
AUM size ₹807 Cr
Expense Ratio 0.4%
Frequently Asked Questions
HSBC Medium Duration Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.7% | 0.7% |
6 Month Returns | 4.57% | 4.57% |
1 Year Returns | 7.97% | 7.97% |
3 Years Returns | 20.09% | 6.29% |
5 Years Returns | 41.7% | 7.22% |
- 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.
AAA | 78.07 |
AA | 21.93 |