HSBC Short Duration Fund Direct Growth

Debt
Direct
Short Duration
HSBC Short Duration Fund Direct Growth

About the Fund

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

Key Parameters

  1. HSBC Short Duration Fund Direct Growth has ₹3740 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
  2. The fund has an expense ratio 0.3.

Returns

HSBC Short Duration Fund Direct Growth has given a CAGR return of 7.66% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 7.32%, 5.45% and 6.44% respectively.

Holdings

HSBC Short Duration Fund Direct Growth has allocated its funds majorly in Government, Corporate, Cash Equivalent. Its top holdings are 7.06% Govt Stock 2028, 7.37% Govt Stock 2028, 7.1% Govt Stock 2029, 7.32% Govt Stock 2030, National Bank For Agriculture And Rural Development

Taxation

As it is a short 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 Short Duration Fund Direct Growth

To provide a reasonable income through a diversified portfolio of fixed income securities such that the Macaulay duration of the portfolio is between 1 year to 3 years. However, there can be no assurance or 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 Short Duration Fund Direct Growth has no lock in period.

Fund Performance
zero opening, trading, fund transfer fee
31 people have invested ₹ 1.3L in HSBC Short Duration Fund Direct Growth in the last three months

Fund Overview

Expense ratio0.27%
Benchmark
CRISIL Short Term Bond Fund TR INR
AUM₹3740 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹5000/₹1000
Exit Load0%
Lock InNo Lock-in
TurnOver
91.33%
Risk
Risk meter
pointer
Moderate Risk

Fund Distribution
as on (31-Dec-69)

  • Debt & Cash 99.8%

AAA
100%

Sector Allocation

Jun'24

May'24

Apr'24

Government
57.1%
Corporate
42.2%
Cash Equivalent
0.7%
All changes are between Oct'69 and Dec'69

as on (30-Jun-24)

  • Debt & Cash

Holdings
Weight%
1M Change
7.06% Govt Stock 2028
7.06% Govt Stock 2028
12.92%
5.6%
7.37% Govt Stock 2028
7.37% Govt Stock 2028
9.75%
0%
7.1% Govt Stock 2029
7.1% Govt Stock 2029
9.52%
0%
7.32% Govt Stock 2030
7.32% Govt Stock 2030
6.84%
0%
National Bank For Agriculture And Rural Development
National Bank For Agriculture And Rural Development
4.11%
0%

Jalpan Shah
Jalpan Shah
Fund Manager of HSBC Short Duration Fund Direct Growth, since 30 May 2016
Shriram Ramanathan
Shriram Ramanathan
Fund Manager of HSBC Short Duration Fund Direct Growth, since 30 May 2016

Mutual Fund Insights

Insights icon
In the last 3 years, UTI - Short Duration Fund - Direct Plan - Growth Option has given 7.83% return, outperforming this fund by 2.38% per annum.
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This fund has one of the lowest expense ratio in the category (short duration). Its expense ratio is 0.27% which is lower than the category average expense ratio of 0.7%.
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In the last 5 years, UTI - Short Duration Fund - Direct Plan - Growth Option has given 8.12% return, outperforming this fund by 1.68% per annum.
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In the last 1 year, ICICI Prudential Short Term Fund Direct Plan Growth Option has given 8.03% return, outperforming this fund by 0.71%.
Insights icon
Over the last 1 month, this fund has experienced a 2.5% drop in AUM moving from 3.83K Cr to 3.73K Cr.

HSBC Short 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 7.66% since inception which is more than its category average return of 5.67%
AUM size ₹3740 Cr

AUM size ₹3740 Cr

This fund has AUM of ₹3740 Cr which is more than its category average of ₹ 3605 Cr
Expense Ratio 0.27%

Expense Ratio 0.27%

This fund has an expense ratio of 0.27% which is less than its category average expense ratio of 0.67%

Frequently Asked Questions

The current NAV of HSBC Short Duration Fund Direct Growth is ₹25.82 as on 18-Jul-2024.
Existing (Absolute + CAGR) as on 18-Jul-2024.
HSBC Short Duration Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
0.79%
0.79%
6 Month Returns
3.91%
3.91%
1 Year Returns
7.32%
7.32%
3 Years Returns
17.26%
5.45%
5 Years Returns
36.63%
6.44%
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.
0.27% as on June 2024
₹3740 Cr as on June 2024
7.06% Govt Stock 2028(12.92%), 7.37% Govt Stock 2028(9.75%), 7.1% Govt Stock 2029(9.52%), 7.32% Govt Stock 2030(6.84%), National Bank For Agriculture And Rural Development(4.11%) as on June 2024
Government(57.11%), Corporate(42.21%), Cash Equivalent(0.68%) as on June 2024
Yield to Maturity is 7.52 as on June 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 2.77 as on June 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
100
Jalpan Shah, Shriram Ramanathan are the fund managers of HSBC Short Duration Fund Direct Growth
The Exit load of HSBC Short Duration Fund Direct Growth is 0%