Fund Details
HSBC Low Duration Fund Dividend Monthly
| Risk | Low to Moderate |
|---|---|
| Min SIP Amount | Not Supported |
| Expense Ratio | 1.02% |
| NAV | ₹9.89 (03 Mar 2021) |
|---|---|
| Fund Started | 17 Oct 2006 |
| Fund Size | ₹126 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
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| National Bank For Agriculture & Rural Development | Financial | Debenture | 8.3% |
| Housing Development Finance Corpn. Ltd. | Financial | NCD | 8.3% |
| Reliance Industries Ltd. | Energy | Debenture | 8.3% |
| Larsen & Toubro Ltd. | Construction | NCD | 8.3% |
| Grasim Industries Ltd. | Construction | Debenture | 8.2% |
| REC Ltd. | Financial | Bonds | 8.1% |
| LIC Housing Finance Ltd. | Financial | NCD | 8.1% |
| Bajaj Finance Ltd. | Financial | Debenture | 7.9% |
| Power Finance Corpn. Ltd. | Financial | CP | 7.8% |
| Axis Bank Ltd. | Financial | CD | 7.8% |
Fund Managers
HSBC Low Duration Fund Dividend Monthly Details
HSBC Low Duration Fund Dividend Monthly is a Debt Mutual Fund Scheme launched by HSBC Mutual Fund. This scheme was made available to investors on 17 Oct 2006. Kapil Punjabi is the Current Fund Manager of HSBC Low Duration Fund Dividend Monthly fund.The fund currently has an Asset Under Management(AUM) of ₹126 Cr and the Latest NAV as of 03 Mar 2021 is ₹9.89.
The HSBC Low Duration Fund Dividend Monthly is rated Low to Moderate risk. Minimum SIP Investment is set to 1000.
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.
