|Min SIP Amount||₹500|
|NAV||₹36.68 (29 Oct 2020)|
|Fund Started||07 Jan 2013|
|Fund Size||₹36 Cr|
|Indian Railway Finance Corpn. Ltd.||Financial||Debenture||8.6%|
HSBC Debt Fund Direct Growth is a Debt Mutual Fund Scheme launched by HSBC Mutual Fund. This scheme was made available to investors on 07 Jan 2013. Sanjay Shah is the Current Fund Manager of HSBC Debt Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹36 Cr and the Latest NAV as of 29 Oct 2020 is ₹36.68.
The HSBC Debt Fund Direct Growth is rated Moderate risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 5000.
The scheme seeks to generate regular income through a diversified portfolio of fixed income securities such that the Macaulay duration of the portfolio is between 4 years to 7 years.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.