HSBC Banking and PSU Debt Fund Direct Growth

Debt
Banking and PSU
Moderate Risk
+7.66%
3Y annualised
+0.04% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 23 Sep 2025
₹25.92
Rating
3
Min. SIP amount
₹1,000
Fund size
₹4,572.44Cr

Return calculator

Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of 0
Would have become (%)

Holdings (55)

NameSectorInstrumentAssets
LIC Housing Finance Ltd.
FinancialDebenture4.11%
REC Ltd.
FinancialBonds4.01%
Export-Import Bank Of India
FinancialBonds3.75%
GOI
SovereignGOI Sec3.49%
FinancialBonds3.44%
GOI
SovereignGOI Sec3.31%
Small Industries Devp. Bank of India Ltd.
FinancialBonds3.21%
Power Finance Corporation Ltd.
FinancialBonds2.99%
National Housing Bank
FinancialBonds2.89%
Power Finance Corporation Ltd.
FinancialBonds2.87%
Bajaj Finance Ltd.
FinancialDebenture2.82%
Bajaj Finance Ltd.
FinancialDebenture2.57%
GOI
SovereignGOI Sec2.38%
LIC Housing Finance Ltd.
FinancialBonds2.32%
FinancialNCD2.31%
NTPC Ltd.
EnergyNCD2.26%
Housing & Urban Development Corporation Ltd.
FinancialDebenture2.20%
Export-Import Bank Of India
FinancialCD2.09%
HDFC Bank Ltd.
FinancialCD2.08%
FinancialNCD1.76%
Indian Oil Corporation Ltd.
EnergyNCD1.75%
Export-Import Bank Of India
FinancialNCD1.73%
Indian Oil Corporation Ltd.
EnergyDebenture1.69%
Small Industries Devp. Bank of India Ltd.
FinancialCD1.57%
EnergyDebenture1.52%
Small Industries Devp. Bank of India Ltd.
FinancialBonds/NCD1.43%
National Bank For Agriculture & Rural Development
FinancialBonds1.37%
EnergyDebenture1.35%
Small Industries Devp. Bank of India Ltd.
FinancialDebenture1.31%
Indian Railway Finance Corporation Ltd.
FinancialNCD1.19%
Small Industries Devp. Bank of India Ltd.
FinancialBonds1.17%
Export-Import Bank Of India
FinancialDebenture1.16%
National Housing Bank
FinancialBonds1.16%
Power Finance Corporation Ltd.
FinancialBonds1.15%
FinancialBonds/NCD1.14%
SovereignGOI Sec1.14%
REC Ltd.
FinancialDebenture1.14%
GOI
SovereignGOI Sec1.13%
Bajaj Housing Finance Ltd.
FinancialNCD1.12%
Embassy Office Parks REIT
ConstructionDebenture1.11%
REC Ltd.
FinancialDebenture1.11%
EnergyDebenture0.72%
FinancialNCD0.69%
National Bank For Agriculture & Rural Development
FinancialBonds0.59%
FinancialDebenture0.58%
National Bank For Agriculture & Rural Development
FinancialDebenture0.57%
National Housing Bank
FinancialNCD0.56%
FinancialNCD0.56%
Embassy Office Parks REIT
ConstructionDebenture0.56%
GOI
SovereignGOI Sec0.44%
Embassy Office Parks REIT
ConstructionDebenture0.40%
Export-Import Bank Of India
FinancialBonds0.34%
EnergyBonds0.23%
Export-Import Bank Of India
FinancialBonds0.23%
FinancialBonds0.11%
See All

Minimum investment amounts

Min. for 1st investment₹5,000
Min. for 2nd investment onwards₹1,000
Min. for SIP₹1,000

Returns and rankings

Category: Debt Banking and PSU
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns8.3%7.7%5.8%7.6%
Category average7.6%7.3%5.9%NA
Rank with in category11816NA
Understand terms

Expense ratio, exit load and tax

Expense ratio: 0.23%

Inclusive of GST

Exit load

Nil

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Returns are taxed as per your Income Tax slab.

Understand terms
Check past data

Fund management

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

Fund house & investment objective

Fund house contact details

Address
9-11th Floor,NESCO - IT Park Bldg. 3,Western Express Highway, Goregaon East, Mumbai 400063
Phone
NA
Launch Date
27 May 2002
HSBC Mutual Fund
Asset Management Company
Custodian
Citibank NA
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,

Pros and cons

Category: Debt Banking and PSU

Pros

Exit load is zero
Lower expense ratio: 0.23%
Consistently higher annualised returns than category average for the past 1Y and 3Y
Higher alpha: 6.1 The fund has generated returns higher than benchmark - Nifty Banking & PSU Debt Index A-II - in the last 3Y
1Y category rank: 2

Cons

5Y annualised returns lower than category average by 0.15%

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