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HSBC Short Duration Fund Direct Growth

Debt
Short Duration
Low to Moderate Risk
2.52%
3Y annualised
-0.03% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 20 May 2022₹34.72
Min. SIP amount₹500
Rating2
Fund size₹251.00Cr

Returns and rankings

Category: Debt Short Duration
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns2.5%2.5%4.3%6.5%
Category average4.3%6.4%6.4%NA
Rank with in category182320NA
Understand terms

Holdings (21)

NameSectorInstrumentAssets
National Housing Bank
FinancialDebenture9.9%
Canara Bank
FinancialCD9.4%
Sikka Ports and Terminals Ltd.EnergyDebenture6.1%
L&T Finance Ltd.
FinancialDebenture6.0%
LIC Housing Finance Ltd.
FinancialDebenture6.0%
GOI
SovereignGOI Sec5.8%
HDFC Bank Ltd.
FinancialCD5.7%
REC Ltd.FinancialDebenture4.2%
Power Grid Corporation of India Ltd.
EnergyBonds4.1%
Power Finance Corporation Ltd.FinancialNCD4.1%
See All

Pros and cons

Category: Debt Short Duration

Pros

Exit load is zero
Lower expense ratio: 0.26%
Average credit rating of the fund's holdings: AAA This fund has holdings of the highest quality

Cons

Lower AUM: 253Cr. Funds with lower AUM tend to have higher expense ratio
Consistently lower annualised returns than category average for the past 1Y, 3Y and 5Y
Low rating: 2

Expense ratio, exit load and tax

Expense ratio: 0.29%

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, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investment₹5,000
Min. for 2nd investment onwards₹1,000
Min. for SIP₹500

Fund management

Ritesh Jain
Sep 2020 - Present
View details

Education
Ritesh holds a PGDBA from K.J. Somaiya Institute of Management Studies & Research, Mumbai and B.Com (Hons.) from University of Calcutta.
Experience
Prior to joining HSBC Mutual Fund, he has worked with PGIM India AMC, he was the Head - Fixed Income with Morgan Stanley Investment Management Pvt. Ltd. ( March 2009 - June 2014 ). He has also been the Head - Fixed Income with Principal PNB AMC ( April 2001 - February 2009).
Also manages these schemes

Fund house & investment objective

Fund house contact details

Address
9-11th Floor,NESCO - IT Park Bldg. 3, Nesco Complex,Western Express Highway, Goregaon East, Mumbai 400063
Phone
022-66145000 / 66668819 / 1800-200-2434
Launch Date
27 May 2002
Website
NA
Amc Image
HSBC Mutual Fund
Asset Management Company
Custodian
Standard Chartered Bank
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,

Compare funds

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FAQs

How to Invest in HSBC Short Duration Fund Direct Growth?

You can easily invest in HSBC Short Duration 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 Short Duration 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 Short Duration Fund Direct Growth as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does HSBC Short Duration Fund Direct Growth provide?

The HSBC Short Duration Fund Direct Growth has been there from 03 Jan 2013 and the average annual returns provided by this fund is 2.45% since its inception.

How much expense ratio is charged by HSBC Short Duration Fund Direct Growth?

The term Expense Ratio used for HSBC Short Duration 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 Short Duration Fund Direct Growth is 0.29% as of 23 May 2022...

What is the AUM of HSBC Short Duration Fund Direct Growth?

The AUM, short for Assets Under Management of HSBC Short Duration Fund Direct Growth is ₹251.00Cr as of 23 May 2022.

How to Redeem HSBC Short Duration Fund Direct Growth?

If you want to sell your HSBC Short Duration 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 Short Duration Fund Direct Growth?

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

What is the NAV of HSBC Short Duration Fund Direct Growth?

The NAV of HSBC Short Duration Fund Direct Growth is ₹34.72 as of 20 May 2022.

What is the PE and PB ratio of HSBC Short Duration Fund Direct Growth?

The PE ratio ratio of HSBC Short Duration 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).

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