Fund Details
HSBC Low Duration Fund Direct Growth
| Risk | Low to Moderate |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 0.20% |
| NAV | ₹17.26 (20 Apr 2021) |
|---|---|
| Fund Started | 19 Mar 2013 |
| Fund Size | ₹115 Cr |
Returns
Comparison
1. Lower expense ratio - 0.2%
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
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| GOI | Sovereign | GOI Sec | 9.1% |
| Housing Development Finance Corpn. Ltd. | Financial | NCD | 9.1% |
| Reliance Industries Ltd. | Energy | Debenture | 9.1% |
| National Bank For Agriculture & Rural Development | Financial | Debenture | 9.1% |
| Larsen & Toubro Ltd. | Construction | NCD | 9.0% |
| Grasim Industries Ltd. | Construction | Debenture | 9.0% |
| REC Ltd. | Financial | Bonds | 8.9% |
| LIC Housing Finance Ltd. | Financial | NCD | 8.8% |
| Bajaj Finance Ltd. | Financial | Debenture | 8.7% |
| Axis Bank Ltd. | Financial | CD | 8.6% |
Fund Managers
HSBC Low Duration Fund Direct Growth Details
HSBC Low Duration Fund Direct Growth is a Debt Mutual Fund Scheme launched by HSBC Mutual Fund. This scheme was made available to investors on 19 Mar 2013. Kapil Punjabi is the Current Fund Manager of HSBC Low Duration Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹115 Cr and the Latest NAV as of 20 Apr 2021 is ₹17.26.
The HSBC Low Duration Fund Direct 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 provide liquidity and reasonable returns by investing primarily in a mix of debt and money market instruments such that the Macaulay duration of the portfolio is between 6 months to 12 months.
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.
