HSBC Banking & PSU Debt Regular Growth
DebtBanking & PSULow to Moderate Risk
Regular
NAV (05-Sep-24)
₹22.710.02%1D
Returns (Since Inception)
4.95%
Rated ★4.5+ on 
Fund Overview
Fund Size
₹4,802 Cr
Expense Ratio
0.61%
ISIN
INF677K01AE7
Minimum SIP
₹1,000
Exit Load
No Charges
Inception Date
20 Sep 2007
About this fund
HSBC Banking & PSU Debt Regular Growth is a Banking & PSU mutual fund schemes offered by HSBC Mutual Fund. This fund has been in existence for 16 years, 11 months and 18 days, having been launched on 20-Sep-07.
As of 05-Sep-24, it has a Net Asset Value (NAV) of ₹22.71, Assets Under Management (AUM) of 4802.31 Crores, and an expense ratio of 0.61%.
As of 05-Sep-24, it has a Net Asset Value (NAV) of ₹22.71, Assets Under Management (AUM) of 4802.31 Crores, and an expense ratio of 0.61%.
- HSBC Banking & PSU Debt Regular Growth has given a CAGR return of 4.95% since inception.
- The fund's asset allocation comprises around 0.00% in equities, 98.60% in debts, and 1.15% in cash & cash equivalents.
- You can start investing in HSBC Banking & PSU Debt Regular 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
+7.04%
+6.69% (Cat Avg.)
3 Years
+4.49%
+5.15% (Cat Avg.)
5 Years
+5.75%
+5.88% (Cat Avg.)
10 Years
+6.81%
+6.29% (Cat Avg.)
Since Inception
+4.95%
— (Cat Avg.)
Portfolio Summaryas of 15th August 2024
| Debt | ₹4,735.17 Cr | 98.60% |
| Others | ₹67.14 Cr | 1.40% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| 5.63% Govt Stock 2026 | Bond - Gov't/Treasury | ₹320.65 Cr | 6.61% |
| 7.38% Govt Stock 2027 | Bond - Gov't/Treasury | ₹318.52 Cr | 6.57% |
| Ntpc Limited | Bond - Corporate Bond | ₹306.37 Cr | 6.32% |
| Power Finance Corporation Limited | Bond - Corporate Bond | ₹261.74 Cr | 5.40% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹239.21 Cr | 4.93% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹207.09 Cr | 4.27% |
| 5.74% Govt Stock 2026 | Bond - Gov't/Treasury | ₹188.77 Cr | 3.89% |
| Rec Limited | Bond - Corporate Bond | ₹177.1 Cr | 3.65% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹157.6 Cr | 3.25% |
| National Housing Bank | Bond - Corporate Bond | ₹155.13 Cr | 3.20% |
| HDFC Bank Limited | Bond - Corporate Bond | ₹150.11 Cr | 3.09% |
| 6.99% Govt Stock 2026 | Bond - Gov't/Treasury | ₹143.74 Cr | 2.96% |
| Indian Railway Finance Corporation Limited | Bond - Corporate Bond | ₹132.93 Cr | 2.74% |
| Indian Railway Finance Corporation Limited | Bond - Corporate Bond | ₹132.61 Cr | 2.73% |
| National Housing Bank | Bond - Corporate Bond | ₹131.53 Cr | 2.71% |
| Bajaj Housing Finance Limited | Bond - Corporate Bond | ₹129.1 Cr | 2.66% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹128.55 Cr | 2.65% |
| Export Import Bank Of India | Bond - Corporate Bond | ₹126.38 Cr | 2.61% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹104.83 Cr | 2.16% |
| Axis Bank Limited | Bond - Corporate Bond | ₹104.18 Cr | 2.15% |
| National Housing Bank | Bond - Corporate Bond | ₹101.1 Cr | 2.08% |
| Indian Oil Corporation Limited | Bond - Corporate Bond | ₹76.81 Cr | 1.58% |
| Power Grid Corporation Of India Limited | Bond - Corporate Bond | ₹68.8 Cr | 1.42% |
| Rec Limited | Bond - Corporate Bond | ₹65.97 Cr | 1.36% |
| Export Import Bank Of India | Bond - Corporate Bond | ₹64.07 Cr | 1.32% |
| Treps | Cash - Repurchase Agreement | ₹61.79 Cr | 1.27% |
| Indian Railway Finance Corporation Limited | Bond - Corporate Bond | ₹61.42 Cr | 1.27% |
| Indian Oil Corporation Limited | Bond - Corporate Bond | ₹60.11 Cr | 1.24% |
| Export Import Bank Of India | Bond - Corporate Bond | ₹54.75 Cr | 1.13% |
| Bajaj Finance Limited | Bond - Corporate Bond | ₹52.85 Cr | 1.09% |
| HDFC Bank Limited | Bond - Corporate Bond | ₹52.68 Cr | 1.09% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹52.65 Cr | 1.09% |
| Rural Electrification Corporation Limited | Bond - Corporate Bond | ₹51.71 Cr | 1.07% |
| Ntpc Limited | Bond - Corporate Bond | ₹51.14 Cr | 1.05% |
| Housing And Urban Development Corporation Ltd. | Bond - Corporate Bond | ₹51.08 Cr | 1.05% |
| Power Grid Corporation Of India Limited | Bond - Corporate Bond | ₹47.83 Cr | 0.99% |
| Export Import Bank Of India | Bond - Corporate Bond | ₹41.45 Cr | 0.85% |
| Ntpc Limited | Bond - Corporate Bond | ₹41.21 Cr | 0.85% |
| Export Import Bank Of India | Bond - Corporate Bond | ₹26.88 Cr | 0.55% |
| Power Finance Corporation Ltd. | Bond - Corporate Bond | ₹26.44 Cr | 0.55% |
| Power Finance Corporation Ltd. | Bond - Corporate Bond | ₹25.33 Cr | 0.52% |
| Power Grid Corporation Of India Limited | Bond - Corporate Bond | ₹25.23 Cr | 0.52% |
| Export Import Bank Of India | Bond - Corporate Bond | ₹15.5 Cr | 0.32% |
| Indian Railway Finance Corporation Limited | Bond - Corporate Bond | ₹15.29 Cr | 0.32% |
| CDMDF CLASS A2 | Mutual Fund - Open End | ₹12.11 Cr | 0.25% |
| Power Grid Corporation Of India Limited | Bond - Corporate Bond | ₹10.88 Cr | 0.22% |
| Power Finance Corporation Ltd. | Bond - Corporate Bond | ₹10.47 Cr | 0.22% |
| Power Grid Corporation Of India Limited | Bond - Corporate Bond | ₹10.18 Cr | 0.21% |
| Net Current Assets (Including Cash & Bank Balances) | Cash - Collateral | ₹-6.08 Cr | 0.13% |
| Kotak Mahindra Bank Limited | Bond - Corporate Bond | ₹5.2 Cr | 0.11% |
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Instruments | Amount | Holdings |
|---|---|---|
| Bond - Corporate Bond | ₹3,811.48 Cr | 78.57% |
| Bond - Gov't/Treasury | ₹971.68 Cr | 20.03% |
| Cash - Repurchase Agreement | ₹61.79 Cr | 1.27% |
| Mutual Fund - Open End | ₹12.11 Cr | 0.25% |
| Cash - Collateral | ₹-6.08 Cr | 0.13% |
Risk & Performance Ratios
Standard Deviation
This fund
1.80%
Cat. avg.
1.51%
Lower the better
Sharpe Ratio
This fund
-0.84
Cat. avg.
-0.61
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
-0.54
Higher the better
Fund Managers
MC
Mahesh Chhabria
Since November 2022
MA
Mohd Asif Rizwi
Since May 2024
Additional Scheme Detailsas of 15th August 2024
ISIN | INF677K01AE7 | Expense Ratio | 0.61% | Exit Load | No Charges | Fund Size | ₹4,802 Cr | Age | 20 Sep 2007 | 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:
- For investments made on or after 1 April 2023: The entire capital gain is added to the investor's income and is taxed based on the applicable income tax slab.
- For investments made before 1 April 2023:
- If sold within 2 years of investment: The capital gains are added to the investor's income and taxed according to the applicable tax slab.
- If sold after 2 years of investment: The capital gains are taxed at a flat rate of 12.5%.
- Holding the units: No tax is applicable as long as you hold the units.
Dividend Taxation:
Dividends are considered part of the investor’s income and are taxed according to their applicable tax slab. Additionally, if an investor’s dividend income exceeds INR 5,000 in a financial year, a 10% Tax Deducted at Source (TDS) is withheld by the fund house before distributing the dividend.
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% | ₹14211.17 Cr | 7.6% |
| Bandhan Banking & PSU Debt Fund Regular Growth Moderate Risk | 0.6% | 0.0% | ₹14211.17 Cr | 7.3% |
| Franklin India Banking & PSU Debt Fund Regular Growth Moderate Risk | 0.5% | 0.0% | ₹602.43 Cr | 7.4% |
| Franklin India Banking & PSU Debt Fund Direct Growth Moderate Risk | 0.2% | 0.0% | ₹602.43 Cr | 7.7% |
| 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% | ₹296.08 Cr | 7.2% |
| Canara Robeco Banking and PSU Debt Fund Direct Growth Moderate Risk | 0.3% | 0.0% | ₹296.08 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
Total AUM
₹1,21,564 Cr
Address
16, V N Road, Mumbai, 400 001
Other Funds by HSBC Mutual Fund
Risk Level
Your principal amount will be at Low to Moderate Risk
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What is the current NAV of HSBC Banking & PSU Debt Regular Growth?
The NAV of HSBC Banking & PSU Debt Regular Growth, as of 05-Sep-2024, is ₹22.71.
What are the returns of HSBC Banking & PSU Debt Regular Growth?
The fund has generated 7.04% over the last 1 year and 4.49% 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 Regular Growth?
The fund's allocation of assets is distributed as 0.00% in equities, 98.60% in bonds, and 1.15% in cash and cash equivalents.
Who manages the HSBC Banking & PSU Debt Regular Growth?
The fund managers responsible for HSBC Banking & PSU Debt Regular 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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Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.