HSBC Medium to Long Duration Fund Direct Growth

HSBC Medium to Long Duration Fund Direct Growth

Debt

Direct

Medium To Long Duration

NAV as on 04-10-2024

₹ 44.26

-0.4%

1D

Inception Returns

7.1%

/yr

About the Fund

HSBC Medium to Long Duration Fund Direct Growth is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Shriram Ramanathan, Kapil Punjabi. This fund is suitable to keep your money safe.

Key Parameters

  1. HSBC Medium to Long Duration Fund Direct Growth has ₹47 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
  2. The fund has an expense ratio 0.7.

Returns

HSBC Medium to Long Duration Fund Direct Growth has given a CAGR return of 7.05% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 9.55%, 5.35% and 5.85% respectively.

Holdings

HSBC Medium to Long Duration Fund Direct Growth has allocated its funds majorly in Government, Financial Services, Energy, Cash Equivalent, Utilities, Consumer Cyclical, Basic Materials. Its top holdings are 7.18% Govt Stock 2037, 7.18% Govt Stock 2033, 7.3% Govt Stock 2053, 7.32% Govt Stock 2030, 7.04% Govt Stock 2029

Taxation

As it is a medium to long 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 to Long Duration Fund Direct Growth

To provide reasonable income through a diversified portfolio of fixed income securities such that the Macaulay duration of the portfolio is between 4 years to 7 years. However, there can be no guarantee that the investment objective of the scheme would be achieved.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 1000.00. HSBC Medium to Long Duration Fund Direct Growth has no lock in period.

Historical NAV & Returns

Annualised

zero opening, trading, fund transfer fee
4 people have invested ₹ 2.2L in HSBC Medium to Long Duration Fund Direct Growth in the last three months

Fund Overview

Expense ratio0.67%
Benchmark
CRISIL Composite Bond Fund TR INR
AUM₹47 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹5000/₹1000
Exit Load0%
Lock InNo Lock-in
TurnOver
181.34%
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 (04-Oct-24)

Period
HSBC Medium to Long Duration Fund Direct Growth
Medium to Long Duration Index
1M
0.7%
0.6%
3M
2.7%
2.4%
6M
4.9%
4.4%
1Y
9.6%
8.8%
3Y
5.3%
5.7%
5Y
5.9%
5.9%

Fund Distribution

as on (31-Dec-69)

  • Debt & Cash 99.7%

AAA
100%

Sector Allocation

Aug'24

Jul'24

Jun'24

Government
90.7%
Cash Equivalent
9.3%
All changes are between Oct'69 and Dec'69
Parameters
Aug'24
Jul'24
Jun'24
AUM
₹ 46 Cr
₹ 46 Cr
₹ 46 Cr
  • AUM of the fund stands at 46 Cr as of Aug'24
  • AUM has remained same between Aug'24 and Jul'24
Debt allocation has gone down from 95.7% to 90.4%
Debt allocation has gone down from 95.7% to 90.4%
Cash allocation has gone up from 4% to 9.3%
Cash allocation has gone up from 4% to 9.3%

Top 3 Sectors in August were Government, Financial Services & Energy

Aug'24
Government
91%
Financial Services
62%
Energy
25%
Jul'24
Government
90%
Financial Services
62%
Energy
25%
  • Debt & Cash

Holdings
Weight%
1M Change
7.18% Govt Stock 2037
7.18% Govt Stock 2037
32.28%
0%
7.18% Govt Stock 2033
7.18% Govt Stock 2033
21.36%
-60%
7.3% Govt Stock 2053
7.3% Govt Stock 2053
10.98%
0%
7.32% Govt Stock 2030
7.32% Govt Stock 2030
10.93%
100%
7.04% Govt Stock 2029
7.04% Govt Stock 2029
10.74%
0%
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Shriram Ramanathan
Shriram Ramanathan
Fund Manager of HSBC Medium to Long Duration Fund Direct Growth, since 26 November 2022
Kapil Punjabi
Kapil Punjabi
Fund Manager of HSBC Medium to Long Duration Fund Direct Growth, since 15 July 2023
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
In the last 1 year, Kotak Bond Direct Growth has given 10.26% return, outperforming this fund by 0.71%.
Insights icon
In the last 5 years, SBI Magnum Income Fund Direct Growth has given 7.77% return, outperforming this fund by 1.92% per annum.
Insights icon
In the last 3 years, UTI Medium to Long Duration Fund Direct Plan Growth has given 8.28% return, outperforming this fund by 2.93% per annum.
Insights icon
Over the last 6 months, this fund has experienced a 3.5% drop in AUM moving from 49.09 Cr to 47.38 Cr.

HSBC Medium to Long 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 7.05% since inception which is more than its category average return of 5.7%
AUM size ₹0 Cr

AUM size ₹0 Cr

This fund has AUM of ₹0 Cr which is less than its category average of ₹ 1016 Cr
Expense Ratio 0.67%

Expense Ratio 0.67%

This fund has an expense ratio of 0.67% which is less than its category average expense ratio of 1.15%

Frequently Asked Questions

The current NAV of HSBC Medium to Long Duration Fund Direct Growth is ₹44.26 as on 04-Oct-2024.
Existing (Absolute + CAGR) as on 04-Oct-2024.
HSBC Medium to Long Duration Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
0.7%
0.7%
6 Month Returns
4.86%
4.86%
1 Year Returns
9.55%
9.55%
3 Years Returns
16.91%
5.35%
5 Years Returns
32.89%
5.85%
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.
0.67% as on September 2024
₹47 Cr as on September 2024
7.18% Govt Stock 2037(32.28%), 7.18% Govt Stock 2033(21.36%), 7.3% Govt Stock 2053(10.98%), 7.32% Govt Stock 2030(10.93%), 7.04% Govt Stock 2029(10.74%) as on September 2024
Yield to Maturity is 6.94 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 6.36 as on September 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
100
Shriram Ramanathan, Kapil Punjabi are the fund managers of HSBC Medium to Long Duration Fund Direct Growth
The Exit load of HSBC Medium to Long Duration Fund Direct Growth is 0%