HSBC Dynamic Bond Fund Growth

HSBC Dynamic Bond Fund Growth is a debt fund. This fund was started on 30 August, 2006. The fund is managed by Shriram Ramanathan. This fund is suitable to keep your money safe.

1. HSBC Dynamic Bond Fund Growth has ₹168 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
2. The fund has an expense ratio 0.8.
   

HSBC Dynamic Bond Fund Growth has given a CAGR return of 6.02% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 10.98%, 7.95% and 5.77% respectively.

HSBC Dynamic Bond Fund Growth has allocated its funds majorly in Government, Corporate, Cash Equivalent. Its top holdings are 6.79% Govt Stock 2034, 7.09% Govt Stock 2054, 6.92% Govt Stock 2039, 7.34% Govt Stock 2064, 7.3% Govt Stock 2053

As it is a dynamic bond mutual fund the taxation is as follows:
If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:
Invested before 1 April 2023 and held for less than 24 months, STCG will be taxed at your income slab rate.
Invested before 1 April 2023 and held for more than 24 months, LTCG will be taxed at 12.5%.
Invested after 1 April 2023, capital gains will be taxed at your income slab rate.
Dividends will always be taxed at slab rate.

To deliver returns in the form of interest income and capital gains, along with high liquidity, commensurate with the current view on the markets and the interest rate cycle, through active investment in debt and money market instruments. However, there can be no assurance or guarantee that the investment objective of the scheme would be achieved.

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 1000.00. HSBC Dynamic Bond Fund Growth has no lock in period.