Fund Details
HSBC Short Duration Fund Growth
| Risk | Low to Moderate |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 1.29% |
| NAV | ₹31.55 (23 Jul 2021) |
|---|---|
| Fund Started | 10 Dec 2002 |
| Fund Size | ₹206 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 |
|---|---|---|---|
| GOI | Sovereign | GOI Sec | 9.6% |
| National Bank For Agriculture & Rural Development | Financial | NCD | 7.5% |
| LIC Housing Finance Ltd. | Financial | Debenture | 7.3% |
| Kotak Mahindra Prime Ltd. | Financial | Debenture | 7.3% |
| Export-Import Bank Of India | Financial | Bonds | 5.1% |
| Power Finance Corporation Ltd. | Financial | NCD | 5.0% |
| Housing & Urban Development Corporation Ltd. | Financial | Debenture | 5.0% |
| GOI | Sovereign | GOI Sec | 5.0% |
| HDB Financial Services Ltd. | Financial | Debenture | 4.8% |
| Sundaram Finance Ltd. | Financial | Debenture | 4.8% |
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 ₹206 Cr and the Latest NAV as of 23 Jul 2021 is ₹31.55.
The HSBC Short Duration Fund Growth is rated Low to 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.
