How to Invest in HSBC Banking and PSU Debt Fund Direct Growth?

You can easily invest in HSBC Banking and PSU Debt Fund Direct Growth in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps: Log on to your Groww account Search for HSBC Banking and PSU Debt Fund Direct Growth from the search box In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete Once you are done with that, you can start investing in HSBC Banking and PSU Debt Fund Direct Growth as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does HSBC Banking and PSU Debt Fund Direct Growth provide?

The HSBC Banking and PSU Debt Fund Direct Growth has been there from 01 Jan 2013 and the average annual returns provided by this fund is 7.39% since its inception.

How much expense ratio is charged by HSBC Banking and PSU Debt Fund Direct Growth?

The term Expense Ratio used for HSBC Banking and PSU Debt Fund Direct Growth or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund. The Expense Ratio of HSBC Banking and PSU Debt Fund Direct Growth is 0.28% as of 30 Aug 2026...

What is the AUM of HSBC Banking and PSU Debt Fund Direct Growth?

The AUM, short for Assets Under Management of HSBC Banking and PSU Debt Fund Direct Growth is ₹3,785.46Cr as of 30 Aug 2026.

How to Redeem HSBC Banking and PSU Debt Fund Direct Growth?

If you want to sell your HSBC Banking and PSU Debt Fund Direct Growth holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.

Can I invest in SIP and Lump Sum of HSBC Banking and PSU Debt Fund Direct Growth?

You can select either SIP or Lumpsum investment of HSBC Banking and PSU Debt Fund Direct Growth based on your investment objective and risk tolerance.

What is the NAV of HSBC Banking and PSU Debt Fund Direct Growth?

The NAV of HSBC Banking and PSU Debt Fund Direct Growth is ₹27.17 as of 28 Aug 2026.

What is the PE and PB ratio of HSBC Banking and PSU Debt Fund Direct Growth?

The PE ratio ratio of HSBC Banking and PSU Debt Fund Direct Growth is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

HSBC Banking and PSU Debt Fund Direct Growth

Name: HSBC Banking and PSU Debt Fund Direct Growth
Brand: HSBC Mutual Fund

Debt

Banking and PSU

Moderate Risk

+7.02%

3Y annualised

-0.05% 1D

All

NAV: 28 Aug '26

₹27.17

Min. for SIP

₹1,000

Fund size (AUM)

₹3,785.46 Cr

Expense ratio

0.28%

Rating

Return calculator

Monthly investment

₹5,000

Over the past	Total investment	Would've become	Returns
1 year	₹60,000	₹61,455	+2.43%
3 years	₹1,80,000	₹1,97,896	+9.94%
5 years	₹3,00,000	₹3,51,928	+17.31%
10 years	₹6,00,000	₹8,32,822	+38.80%

Holdings (78)

Name	Sector	Instruments	Assets
EXPORT IMPORT BANK OF INDIA SR AA02 7.35 BD 27JL28 FVRS1LAC	Financial	Bonds	3.44%
INDIAN OIL CORPORATION LIMITED SR XXVI 7.36 NCD 16JL29 FVRS1LAC	Energy & Utilities	Debenture	3.34%
Repo	Unspecified	Repo	3.15%
INDIAN RAILWAY FINANCE CORPORATION LIMITED SERIES 134 8.30 LOA 25MR29 FVRS10LAC	Financial	Debenture	2.89%
EXPORT IMPORT BANK OF INDIA SR AA01 7.14 BD 13DC29 FVRS1LAC	Financial	Bonds	2.76%
BHARTI TELECOM LIMITED SR XXVIII 7.40 NCD 01FB29 FVRS1LAC	Technology	Debenture	2.70%
HOUSING AND URBAN DEVELOPMENT CORPORATION LIMITED SR C 6.52 NCD 06JU28 FVRS1LAC	Financial	Debenture	2.63%
GOVERNMENT OF INDIA 36185 GOI 07JL40 6.68 FV RS 100	Entities	GOI Securities	2.58%
SHIVSHAKTI SECURITISATION TRUST SS TRUST PTC 15SEPT25	Unspecified	Securitised Debt	2.21%
HDFC BANK LIMITED CD 12MAR27	Financial	Certificate of Deposit	2.15%
NATIONAL HOUSING BANK 7.29 BD 04JL31 FVRS1LAC	Financial	Bonds	2.06%
EXPORT IMPORT BANK OF INDIA SR Z02 7.40 BD 14MR29 FVRS1LAC	Financial	Non Convertible Debenture	2.05%
POWER FINANCE CORPORATION LIMITED SR 258B 7.24 BD 17FB31 FVRS1LAC	Financial	Bonds	2.04%
GOVERNMENT OF INDIA 37426 GOI 11MY36 6.94 FV RS 100	Entities	GOI Securities	2.03%
BAJAJ FINANCE LIMITED 7.3763 NCD 26JU28 FVRS1LAC	Financial	Debenture	1.98%
HOUSING AND URBAN DEVELOPMENT CORPORATION LIMITED SR D 6.64 NCD 17JL28 FVRS1LAC	Financial	Non Convertible Debenture	1.96%
CANARA BANK CD 12FEB27	Financial	Certificate of Deposit	1.91%
CANARA BANK CD 02FEB27	Financial	Certificate of Deposit	1.91%
INDIAN RAILWAY FINANCE CORPORATION LIMITED SR 130 8.40 LOA 08JN29 FVRS10LAC	Financial	Debenture	1.88%
NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT SR 26F 7.44 BD 17JL29 FVRS1LAC	Financial	Bonds	1.86%
NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT SR 25G 7.48 BD 15SP28 FVRS1LAC	Financial	Bonds	1.83%
SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA SR II 7.47 BD 05SP29 FVRS1LAC	Financial	Bonds/NCDs	1.69%
ICICI BANK LIMITED CD 12FEB27	Financial	Certificate of Deposit	1.66%
HDFC Bank Limited **	Financial	Debenture	1.41%
STATE DEVELOPMENT LOAN 31864 GUJ 03AG32 7.61 FV RS 100	Industrials	State Development Loan	1.40%
SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA SR IV 7.44 BD 10AP28 FVRS1LAC	Financial	Bonds/NCDs	1.40%
SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA SR V 7.51 BD 12JU28 FVRS1LAC	Financial	Bonds	1.39%
NATIONAL HOUSING BANK 7.14 BD 17NV34 FVRS1LAC	Financial	Bonds	1.38%
NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT SR 26A 6.66 BD 12OT28 FVRS1LAC	Financial	Debenture	1.37%
INDIAN RAILWAY FINANCE CORPORATION LIMITED SR 172B 7.45 BD 13OT28 FVRS1LAC	Financial	Bonds/NCDs	1.36%
GOVERNMENT OF INDIA 37080 GOI 16FB31 6.36 FV RS 100	Entities	GOI Securities	1.35%
SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA SR IV 7.04 BD 09FB29 FVRS1LAC	Financial	Bonds	1.35%
BAJAJ FINANCE LIMITED 7.77 NCD 17AP29 FVRS1LAC	Financial	Non Convertible Debenture	1.35%
NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT SR 25D 7.40 BD 29AP30 FVRS1LAC	Financial	Bonds	1.34%
NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT SR 26D 7.01 BD 16MR29 FVRS1LAC	Financial	Bonds	1.34%
TATA CAPITAL LIMITED SR B RR NCD 21FB29 FVRS1LAC	Financial	Non Convertible Debenture	1.34%
SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA SR V 7.22 BD 10AP29 FVRS1LAC	Financial	Debenture	1.34%
EMBASSY OFFICE PARKS REIT SR XIII B 7.22 NCD 16MY28 FVRS1LAC	Real Estate	Debenture	1.32%
KOTAK MAHINDRA PRIME LIMITED 7.88 NCD 19OT29 FVRS1LAC	Financial	Non Convertible Debenture	1.32%
7.23% Housing & Urban Development Corporation Limited (18/07/2029)	Financial	Debenture	1.32%
REC LIMITED SR 255 7.17 BD 01JL31 FVRS1LAC	Financial	Non Convertible Debenture	1.32%
INDIAN BANK CD 09FEB27	Financial	Certificate of Deposit	1.27%
INDIAN BANK CD 24JUN27	Financial	Certificate of Deposit	1.24%
POWER FINANCE CORPORATION LIMITED SR 247A 7.44 BD 15JN30 FVRS1LAC	Financial	Bonds	1.23%
INDIAN RAILWAY FINANCE CORPORATION LIMITED SR 180 7.39 BD 15JL34 FVRS1LAC	Financial	Debenture	1.22%
REC LIMITED SR 247 A 6.87 BD 31MY30 FVRS1LAC	Financial	Bonds	1.13%
STATE DEVELOPMENT LOAN 32839 MH 12AP30 7.49 FV RS 100	Unspecified	State Development Loan	1.10%
SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA SR IX 7.39 BD 21MR30 FVRS1LAC	Financial	Bonds	1.09%
REC LIMITED SR 250A 6.60 BD 30JU27 FVRS1LAC	Financial	Debenture	1.06%
SIDDHIVINAYAK SECURITISATION TRUST SD TRUST PTC 15SEPT25	Unspecified	Securitised Debt	1.05%
GOVERNMENT OF INDIA 36574 GOI 06OT35 6.48 FV RS 100	Entities	GOI Securities	0.93%
POWER GRID CORPORATION OF INDIA LIMITED SR LXIV STRP B 7.49 LOA 25OT29 FVRS3LAC	Energy & Utilities	Debenture	0.84%
INDIAN RAILWAY FINANCE CORPORATION LIMITED SR 140 7.48 LOA 13AG29 FVRS10LAC	Financial	Non Convertible Debenture	0.82%
INDIAN RAILWAY FINANCE CORPORATION LIMITED SR 131 8.55 LOA 21FB29 FVRS10LAC	Financial	Non Convertible Debenture	0.73%
NATIONAL HIGHWAYS AUTHORITY OF INDIA SERIES V 8.49 BD 05FB29 FVRS10LAC	Industrials	Non Convertible Debenture	0.71%
Maharashtra State SDL 7.72 23/03/2032	Unspecified	State Development Loan	0.70%
POWER FINANCE CORPORATION LTD. SR 196 7.41 BD 25FB30 FVRS10LAC	Financial	Debenture	0.68%
NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT SR 25E 7.53 BD 24MR28 FVRS1LAC	Financial	Bonds	0.68%
7.34% REC Ltd. **	Financial	Debenture	0.67%
REC LIMITED SR 248A 6.52 BD 31JN28 FVRS1LAC	Financial	Debenture	0.67%
SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA SR III 7.40 BD 18JU31 FVRS1LAC	Financial	Bonds/NCDs	0.67%
REC LIMITED SR 254 7.46 BD 01JL36 FVRS1LAC	Financial	Non Convertible Debenture	0.67%
MAHINDRA AND MAHINDRA FINANCIAL SERVICES LIMITED SR AC2026 RR NCD 18MY29 FVRS1LAC	Financial	Debenture	0.67%
ULTRATECH CEMENT LIMITED SR I 7.22 NCD 02FB29 FVRS1LAC	Materials	Non Convertible Debenture	0.66%
GOVERNMENT OF INDIA 36320 GOI 18AG55 7.24 FV RS 100	Entities	GOI Securities	0.66%
EMBASSY OFFICE PARKS REIT SR XIII A 7.21 NCD 17MR28 FVRS1LAC	Real Estate	Debenture	0.66%
GOVERNMENT OF INDIA 36232 GOI 21JL30 6.01 FV RS 100	Entities	GOI Securities	0.65%
KOTAK MAHINDRA PRIME LIMITED 7.74 NCD 09JL29 FVRS1LAC	Financial	Debenture	0.55%
EMBASSY OFFICE PARKS REIT SR XIV 6.9650 NCD 19MR27 FVRS1LAC	Real Estate	Debenture	0.48%
STATE DEVELOPMENT LOAN 37207 TN 11MR29 6.64 FV RS 100	Unspecified	State Development Loan	0.40%
Others Class A2 AIF	Unspecified	Alternative Investment Fund	0.37%
NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT SR PC1POB1 7.43 LOA 31JN30 FVRS10LAC	Financial	Debenture	0.27%
POWER GRID CORPORATION OF INDIA LIMITED STRPP-C 8.7 LOA 15JL28 FVRS10LAC	Energy & Utilities	Bonds	0.27%
REC LIMITED SR 245A 7.44 BD 29FB28 FVRS1LAC	Financial	Bonds	0.14%
PAY_OIS% &REC_6.64%_15/05/29	Financial	Interest Rate Swap	0.01%
PAY_6.3450% &REC_OIS_02/06/28	Financial	Interest Rate Swap	-0.01%
PAY_6.5225% &REC_OIS_22/05/28	Financial	Interest Rate Swap	-0.03%
Net Payables	Unspecified	Net Payables	-2.02%

See All

Minimum investments

Min. for 1st investment

₹5,000

Min. for 2nd investment

₹1,000

Min. for SIP

₹1,000

Returns and rankings

Annualised returns

Absolute returns

Name	3Y	5Y	10Y	All
Fund returns	+7.0%	+5.7%	+6.8%	+7.4%
Category average (Debt Banking and PSU)	+7.3%	+5.7%	+7.1%	--
Rank (Debt Banking and PSU)	15	17	--	--

Exit load, stamp duty and tax

Exit load

Nil

Stamp duty on investment: 0.005% (from July 1st, 2020)

from July 1st 2020

Tax implication

Returns are taxed as per your Income Tax slab.

Check past data

Compare similar funds

	Name	1Y	3Y	Fund Size(Cr)
	Franklin India Banking & PSU Debt Fund Direct Growth	+6.62%	+7.52%	585.13
	UTI Banking & PSU Debt Fund Direct Growth	+6.09%	+7.41%	1,482.56
	ICICI Prudential Banking and PSU Debt Fund Direct Growth	+5.85%	+7.34%	8,849.66
	Bandhan Banking and PSU Debt Fund Direct Growth	+5.95%	+7.18%	12,121.96
	Aditya Birla Sun Life Banking and PSU Debt Fund Direct Growth	+5.22%	+7.10%	8,833.13
Compare

Fund management

AR
Asif Rizwi
May 2024 - Present
View details

Education

Mr. Rizwi has done B.Tech and PGDM from IIM-C

Experience

Prior to joining HSBC MF, he has worked with L&T MF, Yes Bank, ICICI Bank, Nomura International plc and Deutsche Bank

Also manages these schemes

HSBC Medium to Long Term Fund Direct Growth

HSBC Conservative Hybrid Fund Direct Growth

HSBC Income Plus Arbitrage Active FoF Direct Growth

HSBC CRISIL IBX 50:50 Gilt Plus SDL Apr 2028 Index Fund Direct Growth

HSBC CRISIL IBX Gilt June 2027 Index Fund Direct Growth

HSBC Multi Asset Allocation Fund Direct Growth

HSBC Gilt Fund Direct Growth

HSBC Equity Savings Fund Direct Growth

HSBC Ultra Short to Short Term Fund Direct Growth

HSBC Banking and PSU Debt Fund Direct Growth

HSBC Corporate Bond Direct Growth

HSBC Balanced Advantage Fund Direct Growth

HSBC Short Term Fund Direct Growth

HSBC Aggressive Hybrid Fund Direct Growth

HSBC Arbitrage Fund Direct Growth

MAC
Mahesh A Chhabria
Nov 2022 - Present
View details

Education

Mr. Chhabria is a Commerce Graduate and has also pursued FCA and CFA.

Experience

Prior to joining HSBC MF, he has worked with L&T AMC, Edelweiss Securities Ltd, Darivium Traditions Pvt. Ltd. and FIL Fund Management Pvt. Ltd.

Also manages these schemes

HSBC Conservative Hybrid Fund Direct Growth

HSBC Income Plus Arbitrage Active FoF Direct Growth

HSBC CRISIL IBX 50:50 Gilt Plus SDL Apr 2028 Index Fund Direct Growth

HSBC Multi Cap Fund Direct Growth

HSBC CRISIL IBX Gilt June 2027 Index Fund Direct Growth

HSBC Multi Asset Allocation Fund Direct Growth

HSBC Money Market Fund Direct Growth

HSBC Equity Savings Fund Direct Growth

HSBC Dynamic Term Fund Direct Growth

HSBC Banking and PSU Debt Fund Direct Growth

HSBC Balanced Advantage Fund Direct Growth

HSBC Arbitrage Fund Direct Growth

About HSBC Banking and PSU Debt Fund Direct Growth

HSBC Banking and PSU Debt Fund Direct Growth is a Debt Mutual Fund Scheme launched by HSBC Mutual Fund. This scheme was made available to investors on 27 May 2002. Asif Rizwi is the Current Fund Manager of HSBC Banking and PSU Debt Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹1,51,232 Cr and the Latest NAV as of 28 Aug 2026 is ₹27.17. The HSBC Banking and PSU Debt Fund Direct Growth is rated Moderate risk. Minimum SIP Investment is set to ₹1,000. Minimum Lumpsum Investment is ₹5,000. ;

Investment Objective

The scheme aims to generate reasonable returns by primarily investing in debt and money market securities that are issued by Banks, Public Sector Undertakings and Public Financial Institutions in India.

Fund benchmarkNifty Banking & PSU Debt Index A-II

Scheme Information Document(SID)

Fund house

HSBC Mutual Fund

Rank (total assets)#21 in India

Total AUM₹1,51,231.52 Cr

Date of Incorporation27 May 2002

Phone--

E-mail--

Websitehttp://www.assetmanagement.hsbc.co.in

Launch Date27 May 2002

Address9-11th Floor,NESCO - IT Park Bldg. 3,Western Express Highway, Goregaon East, Mumbai 400063

CustodianHDFC Bank

Registrar & Transfer AgentCams

Email[email protected]

Websitewww.camsonline.com

Address7th Floor, Tower II, Rayala Towers, 158, Anna Salai,