HSBC Medium Duration Fund Direct Growth

HSBC Medium Duration Fund Direct Growth

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Debt
Direct
Medium Duration
NAV: ₹ 20.11 as on 17-05-2024

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 ₹801 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.
Fund Performance
zero opening, trading, fund transfer fee
28 people have invested ₹ 10.8L in HSBC Medium Duration Fund Direct Growth in the last three months

Overview

Expense ratio
Expense ratio
0.4%
Benchmark
Benchmark
CRISIL Short Term Bond Fund TR INR
AUM
AUM
₹801 Cr
Inception Date
Inception Date
2 February, 2015
Min Lumpsum/SIP
Min Lumpsum/SIP
₹5000/₹1000
Exit Load
Exit Load
0%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
118.19%

HSBC Medium Duration Fund Direct Growth Distribution as on (31-Dec-69)

  • Debt & Cash 99.8%

Credit rating breakup

AAA
78.1%
AA
21.9%
Sector Allocation

Apr'24

Mar'24

Feb'24

Corporate
46.9%
Government
43.7%
Cash Equivalent
5.8%
Securitize
3.6%

Top Holdings of HSBC Medium Duration Fund Direct Growth as on (30-Apr-24)

  • Debt & Cash

Debt Holdings39
Holdings
Weight%
1M Change
7.18% Govt Stock 2033
7.18% Govt Stock 2033
22.14%
16.7%
7.26% Govt Stock 2033
7.26% Govt Stock 2033
7%
0%
Power Finance Corp Ltd.
Power Finance Corp Ltd.
6.31%
0%
Rural Electrification Corporation Limited
Rural Electrification Corporation Limited
6.29%
0%
Hinduja Leyland Finance Limited
Hinduja Leyland Finance Limited
3.53%
0%

Monthly Changes Updates

All changes are between Oct'69 and Dec'69
AUM Change
Parameters
Apr'24
Mar'24
Feb'24
AUM
₹ 820.7 Cr
₹ 820.7 Cr
₹ 817.3 Cr
  • AUM of the fund stands at 820.7 Cr as of Apr'24
  • AUM has remained same between Apr'24 and Mar'24
Fund Portfolio Changes

Mutual Fund Insights

Insights icon
Over the last 15 months, this fund has decreased expense ratio by 28.6% moving from 0.56 to 0.40.
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 0.84%.
Insights icon
In the last 3 years, Aditya Birla Sun Life Medium Term Plan Direct Plan Growth has given 13.13% return, outperforming this fund by 7.09% per annum.
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Over the last 1 month, this fund has experienced a 2.3% drop in AUM moving from 820.68 Cr to 801.5 Cr.
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In the last 1 year, Kotak Medium Term Direct Growth has given 7.94% return, outperforming this fund by 0.55%.
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In the last 5 years, Aditya Birla Sun Life Medium Term Plan Direct Plan Growth has given 9.42% return, outperforming this fund by 2.05% per annum.

Fund Manager

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

HSBC Medium Duration Fund Direct Growth Highlights

Risk meter
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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 7.81% since inception which is more than its category average return of 4.4%
AUM size ₹801 Cr

AUM size ₹801 Cr

This fund has AUM of ₹801 Cr which is less than its category average of ₹ 1538 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 0.97%

Frequently Asked Questions

The current NAV of HSBC Medium Duration Fund Direct Growth is ₹20.11 as on 17-May-2024.
Existing (Absolute + CAGR) as on 17-May-2024.
HSBC Medium Duration Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
0.92%
0.92%
6 Month Returns
4.33%
4.33%
1 Year Returns
7.39%
7.39%
3 Years Returns
19.24%
6.04%
5 Years Returns
42.73%
7.38%
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 April 2024
₹801 Cr as on April 2024
7.18% Govt Stock 2033(22.14%), 7.26% Govt Stock 2033(7%), Power Finance Corp Ltd.(6.31%), Rural Electrification Corporation Limited(6.29%), Hinduja Leyland Finance Limited(3.53%) as on April 2024
Corporate(46.87%), Government(43.73%), Cash Equivalent(5.81%) as on April 2024
Yield to Maturity is 7.93 as on April 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 3.68 as on April 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
78.11
AA
21.89
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%