HSBC Short Duration Fund Direct Growth+0.02%

6.13%
1 Year Return
Debt
Short Duration
2.0star
6M
1Y
3Y
5Y
All

Fund Details

HSBC Short Duration Fund Direct Growth

RiskModerately Low
Min SIP Amount₹500
Expense Ratio0.29%
NAV32.96 (29 Oct 2020)
Fund Started03 Jan 2013
Fund Size270 Cr

Returns

1Y
3Y*
5Y*
Since inception*
HSBC Short Duration Fund Direct Growth
6.1%
4.2%
5.8%
7.1%
Category Average
8.7%
6.3%
7.0%
-
Rank within category
25
21
21
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    5 Years
    Estimated Value
    as per Historical Returns
    0
    with 6.1% annual returns

    Comparison

    Data not available
    Pros
    1. Lower expense ratio - 0.29%
    2. Exit load is zero
    Cons
    1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low

    Top Holdings

    NameSectorInstrument% Assets
    GOISovereignGOI Sec9.6%
    GOISovereignGOI Sec7.9%
    Housing Development Finance Corpn. Ltd.FinancialNCD5.8%
    National Bank For Agriculture & Rural DevelopmentFinancialNCD5.8%
    HDB Financial Services Ltd.FinancialDebenture5.8%
    Larsen & Toubro Ltd.ConstructionNCD5.8%
    Grasim Industries Ltd.ConstructionDebenture5.8%
    Power Finance Corpn. Ltd.FinancialDebenture5.7%
    REC Ltd.FinancialDebenture5.7%
    Kotak Mahindra Prime Ltd.FinancialDebenture5.6%
    See All

    Fund Managers

    addRitesh Jain
    Education
    Ritesh holds a PGDBA from K.J. Somaiya Institute of Management Studies & Research, Mumbai and B.Com (Hons.) from University of Calcutta.
    Experience
    Mr. Jain has over 13 years of experience in Fixed Income fund Management. Prior to joining Pramerica 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 ).
    Funds Managed
    addSanjay Shah
    Education
    Mr. Shah is a Chartered Accountant and PGDM.
    Experience
    Prior to joining HSBC in 2008 he has worked with FIL Fund Management Pvt. Ltd., Lehman Bros, ICICI Bank and Robo India Finance Pvt. Ltd.
    Funds Managed
    addKapil Punjabi
    Education
    Mr. Kapil Punjabi is MMS from Mumbai University.
    Experience
    Prior to joining HSBC Asset Management (India) Pvt. Ltd., he has worked with Taurus Asset Management Co. Ltd., Edelweiss Asset Management Ltd., Edelweiss Securities Ltd. and Trans Market Group Research (India) Pvt. Ltd.
    Funds Managed

    HSBC Short Duration Fund Direct Growth Details

    HSBC Short Duration Fund Direct Growth is a Debt Mutual Fund Scheme launched by HSBC Mutual Fund. This scheme was made available to investors on 03 Jan 2013. Sanjay Shah, Kapil Punjabi is the Current Fund Manager of HSBC Short Duration Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹270 Cr and the Latest NAV as of 29 Oct 2020 is ₹32.96.

    The HSBC Short Duration Fund Direct Growth is rated Moderately Low risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 5000.

    Investment Objective

    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 1 year to 3 years.

    Tax Implications

    Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.

    Scheme Information Document(SID)

    ₹5000
    Min for First Investment
    ₹1000
    Min for Second Investment
    Nil
    Exit Load

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    About HSBC Mutual Fund

    Address
    16, V N Road, Fort, Mumbai 400 001
    Phone
    022- 66145000
    Launch Date
    27 May 2002
    Website
    NA
    HSBC Mutual Fund
    Asset Management Company
    Custodian
    Standard Chartered Bank
    Registrar & Transfer Agent
    Cams
    Address
    7th Floor, Tower II, Rayala Towers, 158, Anna Salai,
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