HSBC Gilt Fund Direct Growth

HSBC Gilt Fund Direct Growth

Debt

HSBC Mutual Fund

Government Bond

Get the latest NAV of HSBC Gilt Fund Direct Growth. View historical returns compared to its benchmark and category average. Know which stocks and sectors the fund is investing in. Get an estimate of returns from the SIP and lump sum returns calculator. View detailed holding analysis and peer comparison. Get INDmoney ranking of the fund.

₹76.92

▲0.2%1D

NAV as on 16 May 2025

8.96%/per year

Since Inception

Absolute Gain%

▲▼

13 people have invested ₹ 1.8L in HSBC Gilt Fund Direct Growth in the last three months

Fund Performance

as on (16-May-25)

Period
This Fund
Government Bond Index
1 Month
1.43%
1.3%
3 Months
5.06%
4.37%
6 Months
6.89%
6.22%
1 Year
11.6%
10.9%
3 Years
8.77%
8.34%
5 Years
6.67%
6.24%

Peer comparison

Fund Name
INDmoney Rank
AUM (in Crs.)
Expense Ratio
1Y Returns
3Y Returns
Inception Returns
HSBC Gilt Fund
-
282Cr
0.48%
11.6%
8.77%
8.96%
ICICI Prudential Gilt Fund Direct Growth
1/16
7,166Cr
0.56%
11.37%
9.29%
8.85%
SBI Magnum Gilt Fund Direct Growth
5/16
11,954Cr
0.46%
11.76%
9.46%
9.48%
DSP Gilt Fund Direct Growth
7/16
1,737Cr
0.57%
12.38%
9.4%
8.54%
See all

HSBC Gilt Fund Returns Calculator

Calculate SIP and lumpsum returns based on historical performance

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Total Investment

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Profit

Total Corpus

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Absolute Return
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HSBC Gilt Fund Asset Allocation

See fund asset allocation details as on (13-May-25)

Fund Distribution

as on (13-May-25)

Debt & Cash 100%

AAA
100%
Cash allocation has gone down from 2.1% to 0.5%
Cash allocation has gone down from 2.1% to 0.5%
Debt allocation has gone up from 97.9% to 99.5%
Debt allocation has gone up from 97.9% to 99.5%

HSBC Gilt Fund Sector Allocation

See fund sector allocation details as on (13-May-25)

Sector Allocation

Debt & Cash 100%

Government
98.3%
Cash Equivalent
1.7%

Top Sector in April was Government

Apr'25

Government

98%

Mar'25

Government

98%

HSBC Gilt Fund Direct Growth Overview

Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.

Expense ratio0.48%
Benchmark
NIFTY All Duration G-Sec TR INR
AUM₹282 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹5000/₹1000
Exit Load0%
Lock InNo Lock-in
TurnOver
374.31%
STCGSelling mutual fund 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

About HSBC Gilt Fund

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

Key Parameters

  1. HSBC Gilt Fund Direct Growth has ₹282 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
  2. The fund has an expense ratio 0.5.

Returns

HSBC Gilt Fund Direct Growth has given a CAGR return of 8.96% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 11.60%, 8.77% and 6.67% respectively.

Holdings

HSBC Gilt Fund Direct Growth has allocated its funds majorly in Government, Cash Equivalent. Its top holdings are 7.34% Govt Stock 2064, 7.09% Govt Stock 2054, 7.3% Govt Stock 2053, 7.18% Govt Stock 2037, 6.9% Govt Stock 2065

Taxation

As it is a government 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.

Investment objective of HSBC Gilt Fund Direct Growth

To generate returns from a portfolio from investments in Government Securities. There is no assurance that the investment objective of the scheme will be realized.

Minimum Investment and lockin period

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

Fund Manager

Shriram Ramanathan

Fund Manager of HSBC Gilt Fund Direct Growth, since 3 April 2017

Learn more about HSBC Mutual Fund
Parameters
Apr'25
Mar'25
Feb'25
AUM
₹ 281.5 Cr
₹ 250.7 Cr
₹ 257 Cr
  • AUM of the fund stands at 281.5 Cr as of Apr'25
  • AUM increased by 30.8 Cr between Apr'25 and Mar'25

Frequently Asked Questions for HSBC Gilt Fund Direct Growth

What is the current NAV of HSBC Gilt Fund Direct Growth?

The current NAV of HSBC Gilt Fund Direct Growth is ₹76.92 as on 16-May-2025.

What are the average returns of HSBC Gilt Fund Direct Growth?

Existing (Absolute + CAGR) as on 16-May-2025.
HSBC Gilt Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
1.43%
1.43%
6 Month Returns
6.89%
6.89%
1 Year Returns
11.6%
11.6%
3 Years Returns
28.7%
8.77%

How do I invest in HSBC Gilt Fund Direct Growth?

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.

What is the expense ratio of HSBC Gilt Fund Direct Growth?

0.48% as on April 2025

What is net assets under management (AUM) of HSBC Gilt Fund Direct Growth?

₹282 Cr as on April 2025

What are the top 5 holdings of HSBC Gilt Fund Direct Growth?

7.34% Govt Stock 2064(28.79%), 7.09% Govt Stock 2054(22.51%), 7.3% Govt Stock 2053(13.57%), 7.18% Govt Stock 2037(13.43%), 6.9% Govt Stock 2065(7.23%) as on April 2025

What is the yield to maturity ratio of HSBC Gilt Fund Direct Growth?

Yield to Maturity is 6.96 as on April 2025. 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.

What is the modified duration of HSBC Gilt Fund Direct Growth?

Modified Duration is 10.38 as on April 2025. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.

What is the credit rating breakup of HSBC Gilt Fund Direct Growth?

AAA
100

Who is the manager of HSBC Gilt Fund Direct Growth?

Shriram Ramanathan is the fund manager of HSBC Gilt Fund Direct Growth

What is the exit load of HSBC Gilt Fund Direct Growth?

The Exit load of HSBC Gilt Fund Direct Growth is 0%