|Risk||Low to Moderate|
|Min SIP Amount||₹500|
|NAV||₹1065.71 (12 May 2021)|
|Fund Started||29 Jan 2020|
|Fund Size||₹788 Cr|
|National Highways Authority of India Ltd.||Services||NCD||8.8%|
|Reliance Industries Ltd.||Energy||CP||8.5%|
|LIC Housing Finance Ltd.||Financial||CP||8.4%|
|ICICI Securities Ltd.||Financial||CP||8.4%|
|Housing Development Finance Corpn. Ltd.||Financial||CP||8.4%|
|National Bank For Agriculture & Rural Development||Financial||CP||8.3%|
|Small Industries Devp. Bank of India Ltd.||Financial||Debenture||6.9%|
HSBC Ultra Short Duration Fund Direct Growth is a Debt Mutual Fund Scheme launched by HSBC Mutual Fund. This scheme was made available to investors on 29 Jan 2020. Kapil Punjabi is the Current Fund Manager of HSBC Ultra Short Duration Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹788 Cr and the Latest NAV as of 12 May 2021 is ₹1065.71.
The HSBC Ultra Short Duration Fund Direct Growth is rated Low to Moderate risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 5000.
The scheme seeks to provide liquidity and generate reasonable returns with low volatility through investment in a portfolio comprising of debt & money market instruments.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.