HSBC Banking and PSU Debt Fund Direct Growth

Debt
Banking and PSU
Moderate Risk
4.71%
3Y annualised
+0.13% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 28 Mar 2024₹23.09
Min. SIP amount₹1,000
Rating1
Fund size₹4,594.65Cr

Return calculator

Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of 0
Would have become (%)

Returns and rankings

Category: Debt Banking and PSU
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns7.2%4.7%6.6%7.5%
Category average7.1%5.2%6.4%NA
Rank with in category202112NA
Understand terms

Holdings (41)

NameSectorInstrumentAssets
SovereignGOI Sec8.58%
NTPC Ltd.
EnergyNCD6.92%
SovereignGOI Sec6.39%
FinancialNCD5.50%
Small Industries Devp. Bank of India Ltd.
FinancialDebenture5.02%
SovereignGOI Sec4.61%
FinancialDebenture4.25%
National Housing Bank
FinancialNCD3.99%
National Bank For Agriculture & Rural Development
FinancialDebenture3.81%
Small Industries Devp. Bank of India Ltd.
FinancialDebenture3.31%
See All

Pros and cons

Category: Debt Banking and PSU

Pros

Cons

Exit load is zero
3Y annualised returns lower than category average by 0.47%
Lower expense ratio: 0.23%
Low rating: 1
1Y, 5Y and 10Y annualised returns higher than category average

Expense ratio, exit load and tax

Expense ratio: 0.23%

Inclusive of GST

Exit load

Nil

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Returns are taxed as per your Income Tax slab.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investment₹5,000
Min. for 2nd investment onwards₹1,000
Min. for SIP₹1,000

Fund management

Jalpan Shah
May 2016 - Present
View details

Education
Mr. Shah is a B.E. (Mechanical) and holds a PGDM.
Experience
Prior to joining HSBC Mutual Fund, he was associated with L&T Mutual Fund, FIL Fund Management Private Limited (Dec 2007-Nov 2012), Lotus India Asset Management Company Private Limited (Sep 2007-Nov 2007) as a Research Analyst, UTI Asset Management Company Private Limited (July 2006-Aug 2007) as a Research Analyst and UTI Asset Management Company Private Limited(May 2004-June 2006) as a Sales & Marketing Manager.
Also manages these schemes

Fund house & investment objective

Fund house contact details

Address
9-11th Floor,NESCO - IT Park Bldg. 3,Western Express Highway, Goregaon East, Mumbai 400063
Phone
NA
Launch Date
27 May 2002
HSBC Mutual Fund
Asset Management Company
Custodian
Citibank NA
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,

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