HSBC Corporate Bond Fund Direct Plan Growth Plan
Debt
Direct
Corporate Bond
NAV: ₹ 69.98 as on 18-04-2024
Fund Performance
118 people have invested ₹ 12.4L in HSBC Corporate Bond Fund Direct Plan Growth Plan in the last three months
Mutual Fund Insights
This fund has one of the lowest expense ratio in the category (corporate bond). Its expense ratio is 0.3% which is lower than the category average expense ratio of 0.49%.
In the last 1 year, ICICI Prudential Corporate Bond Fund Direct Plan Growth has given 7.87% return, outperforming this fund by 1.08%.
In the last 3 years, Nippon India Corporate Bond Fund Direct Plan Growth Plan has given 6.26% return, outperforming this fund by 0.92% per annum.
Over the last 6 months, this fund has increased expense ratio by 3.4% moving from 0.29 to 0.30.
In the last 5 years, this fund has outperformed all funds in its category.
Over the last 6 months, this fund has experienced a 8.3% drop in AUM moving from 6.65K Cr to 6.10K Cr.
About the HSBC Corporate Bond Fund Direct Plan Growth Plan
HSBC Corporate Bond Fund Direct Plan Growth Plan is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Shriram Ramanathan, Jalpan Shah. This fund is suitable to keep your money safe.
Key Parameters
- HSBC Corporate Bond Fund Direct Plan Growth Plan has ₹6101 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
- The fund has an expense ratio 0.3.
HSBC Corporate Bond Fund Direct Plan Growth Plan Overview
 | 0.3% |
 Benchmark | CRISIL Short Term Bond Fund TR INR |
 | ₹6101 Cr |
 | 1 January, 2013 |
 | ₹5000/₹1000 |
 Exit Load | 0.5% |
 | No Lock-in |
 TurnOver | 21.01% |
HSBC Corporate Bond Fund Direct Plan Growth Plan Distribution as on (31-Dec-69)
Credit rating breakup
AAA
100%
Sector Allocation
Government
76.6%
Corporate
22%
Cash Equivalent
1.5%
Top Holdings of HSBC Corporate Bond Fund Direct Plan Growth Plan as on (31-Mar-24)
Debt Holdings61
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 7.38% Govt Stock 2027 | 8.02% | 0% | |
Ntpc Limited | 5.83% | 0% | |
National Highways Authority Of India | 5.25% | 0% | |
Indian Oil Corporation Limited | 5.18% | 0% | |
Power Grid Corporation Of India Limited | 4.63% | 0% |
See all
HSBC Corporate Bond Fund Direct Plan Growth Plan: Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 6.2K Cr as of Mar'24
- AUM has remained same between Mar'24 and Feb'24
Fund Portfolio Changes
Peer Analysis
HSBC Corporate Bond Fund Direct Plan Growth Plan Fund Manager
Shriram Ramanathan
Fund Manager of HSBC Corporate Bond Fund Direct Plan Growth Plan, since 30 June 2014
Top funds managed
Jalpan Shah
Fund Manager of HSBC Corporate Bond Fund Direct Plan Growth Plan, since 3 April 2017
Top funds managed
HSBC Corporate Bond Fund Direct Plan Growth Plan Highlights
Low to Moderate Risk
Investors understand that their principal will be at Low to Moderate Risk
About the fund
This fund has delivered an average annual returns of 7.58% since inception which is more than its category average return of 5.44%
AUM size ₹6101 Cr
This fund has AUM of ₹6101 Cr which is more than its category average of ₹ 6065 Cr
Expense Ratio 0.3%
This fund has an expense ratio of 0.3% which is less than its category average expense ratio of 0.59%
Frequently Asked Questions
The current NAV of HSBC Corporate Bond Fund Direct Plan Growth Plan is ₹69.98 as on 18-Apr-2024.
Existing (Absolute + CAGR) as on 18-Apr-2024.
HSBC Corporate Bond Fund Direct Plan Growth Plan | Absolute Returns | CAGR Returns |
1 Month Returns | 0.14% | 0.14% |
6 Month Returns | 3.88% | 3.88% |
1 Year Returns | 6.79% | 6.79% |
3 Years Returns | 16.9% | 5.34% |
5 Years Returns | 45.6% | 7.8% |
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.
0.3% as on March 2024
₹6101 Cr as on March 2024
7.38% Govt Stock 2027(8.02%), Ntpc Limited(5.83%), National Highways Authority Of India(5.25%), Indian Oil Corporation Limited(5.18%), Power Grid Corporation Of India Limited(4.63%) as on March 2024
Government(76.57%), Corporate(21.97%), Cash Equivalent(1.46%) as on March 2024
Yield to Maturity is 7.46 as on March 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 3.76 as on March 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA | 100 |
Shriram Ramanathan, Jalpan Shah are the fund managers of HSBC Corporate Bond Fund Direct Plan Growth Plan
The Exit load of HSBC Corporate Bond Fund Direct Plan Growth Plan is 0.5%