Fund Details
HSBC Short Duration Fund Growth
| Risk | Moderate |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 1.30% |
| NAV | ₹31.12 (16 Apr 2021) |
|---|---|
| Fund Started | 10 Dec 2002 |
| Fund Size | ₹153 Cr |
Returns
Comparison
1. Age is more than 10 years
2. Exit load is zero
1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
2. 1Y Returns are lower than the category average returns
3. 3Y Returns are lower than the category average returns
4. 5Y Returns are lower than the category average returns
5. 10Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Grasim Industries Ltd. | Construction | Debenture | 10.1% |
| GOI | Sovereign | GOI Sec | 10.1% |
| LIC Housing Finance Ltd. | Financial | Debenture | 9.8% |
| Kotak Mahindra Prime Ltd. | Financial | Debenture | 9.8% |
| Sundaram Finance Ltd. | Financial | Debenture | 9.7% |
| Energy Efficiency Services Ltd. | Engineering | Debenture | 7.3% |
| Power Finance Corpn. Ltd. | Financial | NCD | 6.8% |
| Housing & Urban Development Corpn. Ltd. | Financial | Debenture | 6.8% |
| Jammu & Kashmir State | Others | SDL | 3.5% |
| Gujarat State | Others | SDL | 3.5% |
Fund Managers
HSBC Short Duration Fund Growth Details
HSBC Short Duration Fund Growth is a Debt Mutual Fund Scheme launched by HSBC Mutual Fund. This scheme was made available to investors on 10 Dec 2002. Sanjay Shah, Kapil Punjabi is the Current Fund Manager of HSBC Short Duration Fund Growth fund.The fund currently has an Asset Under Management(AUM) of ₹153 Cr and the Latest NAV as of 16 Apr 2021 is ₹31.12.
The HSBC Short Duration Fund Growth is rated Moderate 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.
