HSBC Low Duration Fund Direct Plan Growth Option
Debt
Direct
Low Duration
NAV: ₹ 27.35 as on 16-05-2024
About the Fund
HSBC Low Duration Fund Direct Plan Growth Option 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
- HSBC Low Duration Fund Direct Plan Growth Option has ₹419 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
- The fund has an expense ratio 0.3.
Fund Performance
14 people have invested ₹ 12.1L in HSBC Low Duration Fund Direct Plan Growth Option in the last three months
Overview
 | 0.25% |
 Benchmark | CRISIL Liquid Fund TR INR |
 | ₹419 Cr |
 | 1 January, 2013 |
 | ₹5000/₹1000 |
 | 0% |
 | No Lock-in |
 TurnOver | 292.77% |
HSBC Low Duration Fund Direct Plan Growth Option Distribution as on (31-Dec-69)
Credit rating breakup
AAA
83.4%
AA
16.6%
Sector Allocation
Corporate
66.8%
Cash Equivalent
16.7%
Government
16.6%
Top Holdings of HSBC Low Duration Fund Direct Plan Growth Option as on (30-Apr-24)
Debt Holdings22
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 8.34% Govt Stock 2033 | 8.63% | 75% | |
Power Finance Corporation Ltd. | 6.23% | 0% | |
Bharti Telecom Limited | 6.17% | 0% | |
Rural Electrification Corporation Limited | 6.15% | 0% | |
Ongc Petro Additions Limited | 6.06% | 0% |
See all
Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 439.2 Cr as of Apr'24
- AUM has remained same between Apr'24 and Mar'24
Fund Portfolio Changes
Mutual Fund Insights
Over the last 6 months, this fund has decreased expense ratio by 3.8% moving from 0.26 to 0.25.
This fund has one of the lowest expense ratio in the category (low duration). Its expense ratio is 0.25% which is lower than the category average expense ratio of 0.67%.
In the last 5 years, Aditya Birla Sun Life Low Duration Direct Plan Growth has given 6.88% return, outperforming this fund by 1.04% per annum.
In the last 3 years, UTI - Low Duration Fund - Direct Plan - Growth Option has given 7.46% return, outperforming this fund by 1.57% per annum.
In the last 1 year, ICICI Prudential Savings Fund Direct Plan Growth has given 7.95% return, outperforming this fund by 0.16%.
Over the last 1 month, this fund has experienced a 4.6% drop in AUM moving from 439.17 Cr to 418.94 Cr.
Peer Analysis
Fund Manager
Shriram Ramanathan
Fund Manager of HSBC Low Duration Fund Direct Plan Growth Option, since 24 November 2012
Top funds managed
HSBC Low Duration Fund Direct Plan Growth Option 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 7.54% since inception which is more than its category average return of 4.97%
AUM size ₹419 Cr
This fund has AUM of ₹419 Cr which is less than its category average of ₹ 3689 Cr
Expense Ratio 0.25%
This fund has an expense ratio of 0.25% which is less than its category average expense ratio of 0.65%
Frequently Asked Questions
The current NAV of HSBC Low Duration Fund Direct Plan Growth Option is ₹27.35 as on 16-May-2024.
Existing (Absolute + CAGR) as on 16-May-2024.
HSBC Low Duration Fund Direct Plan Growth Option | Absolute Returns | CAGR Returns |
1 Month Returns | 0.61% | 0.61% |
6 Month Returns | 3.9% | 3.9% |
1 Year Returns | 7.79% | 7.79% |
3 Years Returns | 18.74% | 5.89% |
5 Years Returns | 32.82% | 5.84% |
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.
0.25% as on April 2024
₹419 Cr as on April 2024
8.34% Govt Stock 2033(8.63%), Power Finance Corporation Ltd.(6.23%), Bharti Telecom Limited(6.17%), Rural Electrification Corporation Limited(6.15%), Ongc Petro Additions Limited(6.06%) as on April 2024
Corporate(66.76%), Cash Equivalent(16.67%), Government(16.57%) as on April 2024
Yield to Maturity is 7.84 as on April 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 0.89 as on April 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA | 83.4 |
AA | 16.6 |
Shriram Ramanathan is the fund manager of HSBC Low Duration Fund Direct Plan Growth Option
The Exit load of HSBC Low Duration Fund Direct Plan Growth Option is 0%