HSBC Corporate Bond Direct IDCW Yearly

Debt
Corporate Bond
Moderate Risk
6.39%
3Y annualised
+0.06% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 28 Nov 2022₹12.03
Min. SIP amountNot Supported
RatingNA
Fund size₹6,772.33Cr

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 Corporate Bond
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns2.3%6.4%7.5%7.7%
Category average3.6%6.2%6.5%NA
Rank with in category1681NA
Understand terms

Holdings (52)

NameSectorInstrumentAssets
GOISovereignGOI Sec7.9%
GOI
SovereignGOI Sec6.0%
GOISovereignGOI Sec5.3%
NTPC Ltd.EnergyNCD5.1%
National Highways Authority of India Ltd.
ServicesDebenture4.6%
Indian Oil Corporation Ltd.EnergyDebenture4.5%
Power Grid Corporation of India Ltd.EnergyDebenture4.2%
HDFC Bank Ltd.FinancialDebenture4.0%
Indian Railway Finance Corporation Ltd.FinancialDebenture4.0%
National Bank For Agriculture & Rural Development
FinancialDebenture3.8%
See All

Expense ratio, exit load and tax

Expense ratio: 0.29%

Inclusive of GST

Exit load

Exit load of 0.50% if redeeemed within 3 months

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investmentNot Supported
Min. for 2nd investment onwardsNot Supported
Min. for SIPNot Supported

Fund management

Shriram Ramanathan
Mar 2015 - Present
View details

Education
Shriram is a B.E. (Electrical), PGDBM from XLRI Jamshedpur and CFA.
Experience
Prior to joining HSBC Mutual Fund, he has worked with L&T MF, FIL Fund Management Pvt. Ltd., ING Investment Management, Zurich Asset Management Co., ICICI Ltd., and L&T Ltd.
Also manages these schemes

Jalpan Shah
Apr 2017 - 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
BrindavanPlot No. 177, CST RoadKalina, Santacruz (East) Mumbai 400098
Phone
022-66554000 / 1800-2000-400
Launch Date
25 Apr 1996
Website
NA
L&T 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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