Debt
Direct
Medium Duration
NAV as on 03-10-2024
₹ 20.87
1D
Inception Returns
7.9%
/yr
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.
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.
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
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.
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 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.
Expense ratio | 0.4% |
Benchmark | CRISIL Short Term Bond Fund TR INR |
AUM | ₹817 Cr |
Inception Date | 2 February, 2015 |
Min Lumpsum/SIP | ₹5000/₹1000 |
Exit Load | 0% |
Lock In | No Lock-in |
TurnOver | 152.92% |
STCG | Selling within 36 months, gains taxed at slab rates. |
LTCG | Holding over 3 years, gains taxed at slab rates without indexation. |
Risk | Moderate Risk |
as on (03-Oct-24)
as on (31-Dec-69)
Top 3 Sectors in August were Government, Corporate & Securitize
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% |
AAA | 82.58 |
AA | 17.42 |