HSBC Medium to Long Duration Fund - Direct Reinvestment of IDCW option

Debt
Direct
Medium To Long Duration
HSBC Medium to Long Duration Fund - Direct Reinvestment of IDCW option

About the Fund

HSBC Medium to Long Duration Fund - Direct Reinvestment of IDCW option is a debt fund. This fund was started on 13 September, 2019. 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 Reinvestment of IDCW option has ₹46 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 Reinvestment of IDCW option has given a CAGR return of 3.93% since inception. Over the last 1 and 3 years the fund has given a CAGR return of 1.76% and 3.12% respectively.

Holdings

HSBC Medium to Long Duration Fund - Direct Reinvestment of IDCW option has allocated its funds majorly in Government, Financial Services, Energy, Utilities, Corporate, Cash Equivalent, Consumer Cyclical, Basic Materials. Its top holdings are 7.18% Govt Stock 2037, 7.18% Govt Stock 2033, 07.70 MH Sdl 2033, 7.26% Govt Stock 2033, 07.76 MH Sgs 2030

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 Reinvestment of IDCW option

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 Reinvestment of IDCW option has no lock in period.

Fund Performance

Fund Overview

Expense ratio0.69%
Benchmark
CRISIL Composite Bond Fund TR INR
AUM₹46 Cr
Inception Date13 September, 2019
Min Lumpsum/SIP₹5000/₹1000
Exit Load0%
Lock InNo Lock-in
TurnOver
93.59%
Risk
Risk meter
pointer
Moderate Risk

Fund Distribution
as on (31-Dec-69)

  • Debt & Cash 99.7%

AAA
100%

Sector Allocation

May'24

Apr'24

Mar'24

Government
89.8%
Corporate
5.5%
Cash Equivalent
4.7%
All changes are between Oct'69 and Dec'69

as on (31-May-24)

  • Debt & Cash

Holdings
Weight%
1M Change
7.18% Govt Stock 2037
7.18% Govt Stock 2037
33.65%
0%
7.18% Govt Stock 2033
7.18% Govt Stock 2033
33.56%
0%
07.70 MH Sdl 2033
07.70 MH Sdl 2033
11.11%
0%
7.26% Govt Stock 2033
7.26% Govt Stock 2033
5.62%
0%
07.76 MH Sgs 2030
07.76 MH Sgs 2030
5.61%
0%

Shriram Ramanathan
Shriram Ramanathan
Fund Manager of HSBC Medium to Long Duration Fund - Direct Reinvestment of IDCW option, since 26 November 2022
Kapil Punjabi
Kapil Punjabi
Fund Manager of HSBC Medium to Long Duration Fund - Direct Reinvestment of IDCW option, since 15 July 2023

HSBC Medium to Long Duration Fund - Direct Reinvestment of IDCW option 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 3.93% since inception which is less than its category average return of 5.74%
AUM size ₹46 Cr

AUM size ₹46 Cr

This fund has AUM of ₹46 Cr which is less than its category average of ₹ 1031 Cr
Expense Ratio 0.69%

Expense Ratio 0.69%

This fund has an expense ratio of 0.69% which is less than its category average expense ratio of 1.18%

Frequently Asked Questions

The current NAV of HSBC Medium to Long Duration Fund - Direct Reinvestment of IDCW option is ₹10.78 as on 21-Jun-2024.
Existing (Absolute + CAGR) as on 21-Jun-2024.
HSBC Medium to Long Duration Fund - Direct Reinvestment of IDCW option
Absolute Returns
CAGR Returns
1 Month Returns
1%
1%
6 Month Returns
1.01%
1.01%
1 Year Returns
1.76%
1.76%
3 Years Returns
9.65%
3.12%
5 Years Returns
0%
0%
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.
0.69% as on May 2024
₹46 Cr as on May 2024
7.18% Govt Stock 2037(33.65%), 7.18% Govt Stock 2033(33.56%), 07.70 MH Sdl 2033(11.11%), 7.26% Govt Stock 2033(5.62%), 07.76 MH Sgs 2030(5.61%) as on May 2024
Government(89.79%), Corporate(5.48%), Cash Equivalent(4.73%) as on May 2024
Yield to Maturity is 7.25 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 6.72 as on May 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 Reinvestment of IDCW option
The Exit load of HSBC Medium to Long Duration Fund - Direct Reinvestment of IDCW option is 0%