HSBC Medium Duration Fund Direct Payout of Income Distribution cum Cap Wrdl

HSBC Medium Duration Fund Direct Payout of Income Distribution cum Cap Wrdl

Compare
Debt
Direct
Medium Duration
NAV: ₹ 11.51 as on 13-06-2024

About the Fund

HSBC Medium Duration Fund Direct Payout of Income Distribution cum Cap Wrdl is a debt fund. This fund was started on 2 February, 2015. The fund is managed by Kapil Punjabi, Shriram Ramanathan. This fund is suitable to keep your money safe.

Key Parameters

  1. HSBC Medium Duration Fund Direct Payout of Income Distribution cum Cap Wrdl 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.

Returns

HSBC Medium Duration Fund Direct Payout of Income Distribution cum Cap Wrdl has given a CAGR return of 6.12% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 0.84%, 3.71% and 5.72% respectively.

Holdings

HSBC Medium Duration Fund Direct Payout of Income Distribution cum Cap Wrdl has allocated its funds majorly in Corporate, Government, Cash Equivalent, Securitize. Its top holdings are 7.18% Govt Stock 2033, 7.1% Govt Stock 2034, 7.26% Govt Stock 2033, Power Finance Corp Ltd., Rural Electrification 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 Payout of Income Distribution cum Cap Wrdl

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 0.00. HSBC Medium Duration Fund Direct Payout of Income Distribution cum Cap Wrdl has no lock in period.

Fund Performance

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
--/--
Exit Load
Exit Load
0%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
118.19%

HSBC Medium Duration Fund Direct Payout of Income Distribution cum Cap Wrdl 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%

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

Top Holdings of HSBC Medium Duration Fund Direct Payout of Income Distribution cum Cap Wrdl as on (31-May-24)

  • Debt & Cash

Debt Holdings40
Holdings
Weight%
1M Change
7.18% Govt Stock 2033
7.18% Govt Stock 2033
12.73%
16.7%
7.1% Govt Stock 2034
7.1% Govt Stock 2034
9.44%
0%
7.26% Govt Stock 2033
7.26% Govt Stock 2033
7.04%
0%
Power Finance Corp Ltd.
Power Finance Corp Ltd.
6.31%
0%
Rural Electrification Corporation Limited
Rural Electrification Corporation Limited
6.29%
0%

Fund Manager

Kapil Punjabi
Kapil Punjabi
Fund Manager of HSBC Medium Duration Fund Direct Payout of Income Distribution cum Cap Wrdl, since 26 November 2022
Shriram Ramanathan
Shriram Ramanathan
Fund Manager of HSBC Medium Duration Fund Direct Payout of Income Distribution cum Cap Wrdl, since 2 February 2015

HSBC Medium Duration Fund Direct Payout of Income Distribution cum Cap Wrdl 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 6.12% since inception which is more than its category average return of 4.42%
AUM size ₹801 Cr

AUM size ₹801 Cr

This fund has AUM of ₹801 Cr which is less than its category average of ₹ 1528 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 Payout of Income Distribution cum Cap Wrdl is ₹11.51 as on 13-Jun-2024.
Existing (Absolute + CAGR) as on 13-Jun-2024.
HSBC Medium Duration Fund Direct Payout of Income Distribution cum Cap Wrdl
Absolute Returns
CAGR Returns
1 Month Returns
0.21%
0.21%
6 Month Returns
0.64%
0.64%
1 Year Returns
0.84%
0.84%
3 Years Returns
11.54%
3.71%
5 Years Returns
32.04%
5.72%
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 May 2024
₹801 Cr as on May 2024
7.18% Govt Stock 2033(12.73%), 7.1% Govt Stock 2034(9.44%), 7.26% Govt Stock 2033(7.04%), Power Finance Corp Ltd.(6.31%), Rural Electrification Corporation Limited(6.29%) as on May 2024
Corporate(46.45%), Government(43.87%), Cash Equivalent(6.09%) as on May 2024
Yield to Maturity is 7.93 as on May 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 May 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
78.11
AA
21.89
Kapil Punjabi, Shriram Ramanathan are the fund managers of HSBC Medium Duration Fund Direct Payout of Income Distribution cum Cap Wrdl
The Exit load of HSBC Medium Duration Fund Direct Payout of Income Distribution cum Cap Wrdl is 0%