HSBC Banking & PSU Debt Direct Growth

Fund Overview

Fund Size

₹4,129 Cr

Expense Ratio

0.23%

ISIN

INF917K01HH5

Minimum SIP

₹1,000

Exit Load

No Charges

Inception Date

01 Jan 2013

About this fund

HSBC Banking & PSU Debt Direct Growth is a Banking & PSU mutual fund schemes offered by HSBC Mutual Fund. This fund has been in existence for 12 years, 1 months and 21 days, having been launched on 01-Jan-13.
As of 21-Feb-25, it has a Net Asset Value (NAV) of ₹24.62, Assets Under Management (AUM) of 4128.58 Crores, and an expense ratio of 0.23%.

HSBC Banking & PSU Debt Direct Growth has given a CAGR return of 7.48% since inception.
The fund's asset allocation comprises around 0.00% in equities, 87.12% in debts, and 12.57% in cash & cash equivalents.
You can start investing in HSBC Banking & PSU Debt Direct Growth with a SIP of ₹1000 or a Lumpsum investment of ₹5000.

Performance against Category Average

In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.

1 Year

+7.48%

+7.12% (Cat Avg.)

3 Years

+5.50%

+5.97% (Cat Avg.)

5 Years

+5.85%

+5.93% (Cat Avg.)

10 Years

+7.21%

+6.29% (Cat Avg.)

Since Inception

+7.48%

— (Cat Avg.)

Portfolio Summaryas of 31st January 2025

Debt	₹3,596.9 Cr	87.12%
Others	₹531.68 Cr	12.88%

Top Holdings

All Holdings

Equity

Debt & Others

Name	Type	Amount	Holdings
National Housing Bank	Bond - Corporate Bond	₹213.82 Cr	5.18%
Ntpc Limited	Bond - Corporate Bond	₹211.29 Cr	5.12%
Small Industries Development Bank Of India	Bond - Corporate Bond	₹179.59 Cr	4.35%
5.74% Govt Stock 2026	Bond - Gov't/Treasury	₹164.6 Cr	3.99%
6.79% Govt Stock 2034	Bond - Gov't/Treasury	₹154.21 Cr	3.74%
7.04% Govt Stock 2029	Bond - Gov't/Treasury	₹153.99 Cr	3.73%
6.75% Govt Stock 2029	Bond - Gov't/Treasury	₹151.83 Cr	3.68%
Export-Import Bank Of India	Bond - Corporate Bond	₹150.43 Cr	3.64%
HDFC Bank Limited	Bond - Corporate Bond	₹144.27 Cr	3.49%
National Bank For Agriculture And Rural Development	Bond - Corporate Bond	₹133.08 Cr	3.22%
Treps	Cash - Repurchase Agreement	₹128.42 Cr	3.11%
Indian Railway Finance Corporation Limited	Bond - Corporate Bond	₹127.75 Cr	3.09%
Indian Railway Finance Corporation Limited	Bond - Corporate Bond	₹127.56 Cr	3.09%
7.38% Govt Stock 2027	Bond - Gov't/Treasury	₹123.02 Cr	2.98%
National Housing Bank	Bond - Corporate Bond	₹104.54 Cr	2.53%
Bajaj Finance Limited	Bond - Corporate Bond	₹101.54 Cr	2.46%
National Bank For Agriculture And Rural Development	Bond - Corporate Bond	₹100.51 Cr	2.43%
LIC Housing Finance Limited	Bond - Corporate Bond	₹100.14 Cr	2.43%
Axis Bank Limited	Bond - Corporate Bond	₹100.04 Cr	2.42%
Axis Bank Limited	Cash - CD/Time Deposit	₹95.02 Cr	2.30%
ICICI Bank Ltd.	Cash - CD/Time Deposit	₹94.39 Cr	2.29%
Export-Import Bank Of India	Cash - Commercial Paper	₹94.32 Cr	2.28%
Net Current Assets (Including Cash & Bank Balances)	Cash	₹-80.7 Cr	1.95%
Indian Railway Finance Corporation Limited	Bond - Corporate Bond	₹79.02 Cr	1.91%
National Bank For Agriculture And Rural Development	Bond - Corporate Bond	₹75.82 Cr	1.84%
Punjab National Bank	Cash - CD/Time Deposit	₹70.4 Cr	1.71%
Canara Bank	Cash - CD/Time Deposit	₹70.21 Cr	1.70%
Power Grid Corporation Of India Limited	Bond - Corporate Bond	₹66.39 Cr	1.61%
Indian Oil Corporation Limited	Bond - Corporate Bond	₹62.21 Cr	1.51%
Export Import Bank Of India	Bond - Corporate Bond	₹56.65 Cr	1.37%
Small Industries Development Bank Of India	Bond - Corporate Bond	₹56.44 Cr	1.37%
Power Finance Corporation Limited	Bond - Corporate Bond	₹55.86 Cr	1.35%
Rural Electrification Corporation Limited	Bond - Corporate Bond	₹53.48 Cr	1.30%
Indian Railway Finance Corporation Limited	Bond - Corporate Bond	₹51.64 Cr	1.25%
Small Industries Development Bank Of India	Bond - Corporate Bond	₹51.63 Cr	1.25%
National Bank For Agriculture And Rural Development	Bond - Corporate Bond	₹51.06 Cr	1.24%
Ncd Small Industries Development Bank Of India	Bond - Corporate Bond	₹50.76 Cr	1.23%
HDFC Bank Limited	Bond - Corporate Bond	₹50.68 Cr	1.23%
Canara Bank	Cash - CD/Time Deposit	₹46.87 Cr	1.14%
Power Grid Corporation Of India Limited	Bond - Corporate Bond	₹45.65 Cr	1.11%
Ntpc Limited	Bond - Corporate Bond	₹42.63 Cr	1.03%
Power Finance Corporation Limited	Bond - Corporate Bond	₹40.16 Cr	0.97%
Small Industries Development Bank Of India	Bond - Corporate Bond	₹35.37 Cr	0.86%
Power Finance Corporation Ltd.	Bond - Corporate Bond	₹26.19 Cr	0.63%
Export Import Bank Of India	Bond - Corporate Bond	₹25.84 Cr	0.63%
Rec Limited	Bond - Corporate Bond	₹24.71 Cr	0.60%
Export Import Bank Of India	Bond - Corporate Bond	₹16.03 Cr	0.39%
CDMDF CLASS A2	Mutual Fund - Open End	₹12.76 Cr	0.31%
Power Grid Corporation Of India Limited	Bond - Corporate Bond	₹10.52 Cr	0.25%
Power Grid Corporation Of India Limited	Bond - Corporate Bond	₹10.33 Cr	0.25%
Export Import Bank Of India	Bond - Corporate Bond	₹10.22 Cr	0.25%
Kotak Mahindra Bank Limited	Bond - Corporate Bond	₹5.38 Cr	0.13%

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

Instruments	Amount	Holdings
Bond - Corporate Bond	₹2,849.24 Cr	69.01%
Bond - Gov't/Treasury	₹747.66 Cr	18.11%
Cash - CD/Time Deposit	₹376.88 Cr	9.13%
Cash - Repurchase Agreement	₹128.42 Cr	3.11%
Cash - Commercial Paper	₹94.32 Cr	2.28%
Cash	₹-80.7 Cr	1.95%
Mutual Fund - Open End	₹12.76 Cr	0.31%

Risk & Performance Ratios

Fund Managers

Mahesh Chhabria

Since November 2022

Mohd Asif Rizwi

Since May 2024

Additional Scheme Detailsas of 31st January 2025

ISIN

INF917K01HH5

Expense Ratio

0.23%

Exit Load

No Charges

Fund Size

₹4,129 Cr

Age

12 years 1 month

Lumpsum Minimum

₹5,000

Fund Status

Open Ended Investment Company

Benchmark

NIFTY Banking and PSU Debt A-II TR INR

Investment Objective

To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.

Tax Treatment

Capital Gains Taxation:

Dividend Taxation:

Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.

Similar Banking & PSU Funds

Fund name	Expense Ratio	Exit Load	Fund size	1Y
Bandhan Banking & PSU Debt Fund Direct Growth Moderate Risk	0.3%	0.0%	₹13421.64 Cr	7.8%
Bandhan Banking & PSU Debt Fund Regular Growth Moderate Risk	0.6%	0.0%	₹13421.64 Cr	7.5%
Franklin India Banking & PSU Debt Fund Regular Growth Moderate Risk	0.5%	0.0%	₹590.94 Cr	7.5%
Franklin India Banking & PSU Debt Fund Direct Growth Moderate Risk	0.2%	0.0%	₹590.94 Cr	7.8%
PGIM India Banking and PSU Debt fund Direct Growth Moderate Risk	0.2%	0.0%	₹45.38 Cr	6.8%
PGIM India Banking and PSU Debt fund Regular Growth Moderate Risk	0.4%	0.0%	₹45.38 Cr	6.6%
Canara Robeco Banking and PSU Debt Fund Regular Growth Moderate Risk	0.7%	0.0%	₹235.10 Cr	7.3%
Canara Robeco Banking and PSU Debt Fund Direct Growth Moderate Risk	0.4%	0.0%	₹235.10 Cr	7.6%
Tata Banking & PSU Debt Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹207.53 Cr	7.0%
Tata Banking & PSU Debt Fund Regular Growth Low to Moderate Risk	0.7%	0.0%	₹207.53 Cr	6.5%

About the AMC

HSBC Mutual Fund

+91 22 66145000

https://www.assetmanagement.hsbc.co.in/en/mutual-funds

Total AUM

₹1,30,397 Cr

Address

16, V N Road, Mumbai, 400 001

Other Funds by HSBC Mutual Fund

Fund name	Expense Ratio	Exit Load	Fund size	1Y
HSBC Consumption Fund Direct Growth Very High Risk	0.7%	1.0%	₹1480.05 Cr	10.7%
HSBC Balanced Advantage Fund Direct Growth Moderately High risk	0.8%	1.0%	₹1484.41 Cr	7.1%
HSBC Infrastructure Fund Direct Growth Very High Risk	1.0%	1.0%	₹2305.66 Cr	6.2%
HSBC Aggressive Hybrid Fund Direct Growth Very High Risk	0.8%	1.0%	₹5282.44 Cr	6.0%
HSBC Value Fund Direct Growth Very High Risk	0.8%	1.0%	₹12848.97 Cr	4.7%
HSBC Credit Risk Fund Direct Growth Moderately High risk	0.9%	3.0%	₹583.92 Cr	8.0%
HSBC Banking & PSU Debt Direct Growth Moderate Risk	0.2%	0.0%	₹4128.58 Cr	7.5%
HSBC Midcap Fund Direct Growth Very High Risk	0.7%	1.0%	₹10752.86 Cr	6.6%
HSBC ELSS Fund Direct Growth Very High Risk	1.1%	0.0%	₹3977.42 Cr	12.9%
HSBC Equity Savings Fund Direct Growth Moderate Risk	0.6%	0.0%	₹645.87 Cr	10.1%
HSBC Low Duration Fund Direct Growth Low to Moderate Risk	0.4%	0.0%	₹538.02 Cr	7.9%
HSBC Short Duration Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹3712.11 Cr	8.0%
HSBC Corporate Bond Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹5826.55 Cr	8.1%
HSBC Dynamic Bond Fund Direct Growth Moderate Risk	0.2%	0.0%	₹157.91 Cr	8.1%
HSBC Money Market Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹2456.27 Cr	7.7%
HSBC Gilt Fund Direct Growth Moderate Risk	0.5%	0.0%	₹260.95 Cr	7.7%
HSBC Medium Duration Direct Growth Moderate Risk	0.4%	0.0%	₹744.08 Cr	8.5%
HSBC Focused Fund Direct Growth Very High Risk	0.9%	1.0%	₹1627.93 Cr	3.5%
HSBC Business Cycles Fund Direct Growth Very High Risk	1.2%	1.0%	₹958.69 Cr	8.5%
HSBC Overnight Fund Direct Growth Low Risk	0.1%	0.0%	₹3086.96 Cr	6.7%
HSBC Conservative Hybrid Fund Direct Growth Moderately High risk	1.3%	0.0%	₹151.43 Cr	10.1%
HSBC Large Cap Fund Direct Growth Very High Risk	1.2%	1.0%	₹1827.54 Cr	4.6%
HSBC Global Emerging Markets Fund Direct Growth Very High Risk	0.8%	1.0%	₹35.18 Cr	22.5%
HSBC Brazil Fund Direct Growth Very High Risk	1.0%	1.0%	₹50.05 Cr	-10.3%
HSBC Medium to Long Duration Fund Direct Growth Moderate Risk	0.7%	0.0%	₹48.51 Cr	7.9%
HSBC Liquid Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹21378.69 Cr	7.4%
HSBC Flexi Cap Fund Direct Growth Very High Risk	1.2%	1.0%	₹4680.33 Cr	5.9%
HSBC Tax Saver Equity Fund Direct Growth Very High Risk	1.6%	0.0%	₹236.36 Cr	11.2%
HSBC Ultra Short Duration Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹2625.45 Cr	7.7%
HSBC CRISIL IBX 50:50 Gilt Plus SDL Apr 2028 Index Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹1890.59 Cr	8.2%
HSBC Small Cap Fund Direct Growth Very High Risk	0.7%	1.0%	₹15453.03 Cr	0.7%
HSBC Global Equity Climate Change Fund of Fund Direct Growth Very High Risk	0.8%	1.0%	₹66.83 Cr	10.5%
HSBC Managed Solutions India Conservative Direct Growth Moderately High risk	0.1%	1.0%	₹21.13 Cr	7.9%
HSBC Managed Solutions India Moderate Direct Growth High Risk	0.1%	1.0%	₹56.81 Cr	5.9%
HSBC Managed Solutions India Growth Direct Growth Very High Risk	0.1%	1.0%	₹39.57 Cr	5.1%
HSBC CRISIL IBX Gilt June 2027 Index Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹194.80 Cr	7.9%
HSBC Arbitrage Fund Direct Growth Low Risk	0.3%	0.0%	₹2225.37 Cr	7.7%
HSBC Nifty Next 50 Index Fund Direct Growth Very High Risk	0.3%	1.0%	₹124.26 Cr	3.6%
HSBC Nifty 50 Index Fund Direct Growth Very High Risk	0.2%	1.0%	₹292.73 Cr	4.4%
HSBC Large & Mid Cap Fund Direct Growth Very High Risk	0.9%	1.0%	₹3873.33 Cr	8.8%
HSBC Multi Cap Fund Direct Growth Very High Risk	0.6%	1.0%	₹4253.86 Cr	4.5%
HSBC Asia Pacific (Ex Japan) Dividend Yield Fund Direct Growth Very High Risk	1.0%	1.0%	₹8.25 Cr	18.3%

Risk Level

Your principal amount will be at Moderate Risk

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Still got questions?
We're here to help.

What is the current NAV of HSBC Banking & PSU Debt Direct Growth?

The NAV of HSBC Banking & PSU Debt Direct Growth, as of 21-Feb-2025, is ₹24.62.

What are the returns of HSBC Banking & PSU Debt Direct Growth?

The fund has generated 7.48% over the last 1 year and 5.50% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.

What is the portfolio composition of HSBC Banking & PSU Debt Direct Growth?

The fund's allocation of assets is distributed as 0.00% in equities, 87.12% in bonds, and 12.57% in cash and cash equivalents.

Who manages the HSBC Banking & PSU Debt Direct Growth?

The fund managers responsible for HSBC Banking & PSU Debt Direct Growth are:-

Mahesh Chhabria
Mohd Asif Rizwi

Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.

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Fund Overview

Fund Size

₹4,129 Cr

Expense Ratio

0.23%

ISIN

INF917K01HH5

Minimum SIP

₹1,000

Exit Load

No Charges

Inception Date

01 Jan 2013

Risk Level

Your principal amount will be at Moderate Risk