HSBC Credit Risk Fund Direct Growth

Fund Overview

Fund Size

₹582 Cr

Expense Ratio

0.86%

ISIN

INF917K01UH8

Minimum SIP

₹1,000

Exit Load

3.00%

Inception Date

01 Jan 2013

About this fund

HSBC Credit Risk Fund Direct Growth is a Credit Risk mutual fund schemes offered by HSBC Mutual Fund. This fund has been in existence for 11 years, 11 months and 21 days, having been launched on 01-Jan-13.
As of 20-Dec-24, it has a Net Asset Value (NAV) of ₹29.73, Assets Under Management (AUM) of 581.67 Crores, and an expense ratio of 0.86%.

HSBC Credit Risk Fund Direct Growth has given a CAGR return of 9.03% since inception.
The fund's asset allocation comprises around 0.00% in equities, 95.17% in debts, and 4.58% in cash & cash equivalents.
You can start investing in HSBC Credit Risk Fund 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

+7.99%

+7.57% (Cat Avg.)

3 Years

+6.37%

+9.06% (Cat Avg.)

5 Years

+6.37%

+6.60% (Cat Avg.)

10 Years

+6.95%

+6.06% (Cat Avg.)

Since Inception

+9.03%

— (Cat Avg.)

Portfolio Summaryas of 15th December 2024

Debt	₹553.56 Cr	95.17%
Others	₹28.1 Cr	4.83%

Top Holdings

All Holdings

Equity

Debt & Others

Name	Type	Amount	Holdings
7.18% Govt Stock 2033	Bond - Gov't/Treasury	₹47.22 Cr	8.09%
7.32% Govt Stock 2030	Bond - Gov't/Treasury	₹46.6 Cr	7.99%
Nuvoco Vistas Corporation Limited	Bond - Corporate Bond	₹35.73 Cr	6.12%
Tata Housing Development Co Ltd.	Bond - Corporate Bond	₹35.38 Cr	6.06%
Nirma Limited	Bond - Corporate Bond	₹26.99 Cr	4.63%
National Bank For Agriculture And Rural Development	Bond - Corporate Bond	₹26.3 Cr	4.51%
Ongc Petro Additions Limited	Bond - Corporate Bond	₹26.15 Cr	4.48%
Aditya Birla Renewables Limited	Bond - Corporate Bond	₹25.59 Cr	4.39%
JSW Steel Limited	Bond - Corporate Bond	₹25.45 Cr	4.36%
DHRUVA XXIV	Bond - Asset Backed	₹22.66 Cr	3.88%
7.18% Govt Stock 2037	Bond - Gov't/Treasury	₹21.12 Cr	3.62%
Tata Projects Limited	Bond - Corporate Bond	₹20.66 Cr	3.54%
Godrej Housing Finance Limited	Bond - Corporate Bond	₹20.57 Cr	3.53%
Jm Financial Services Limited	Bond - Corporate Bond	₹20.1 Cr	3.45%
VAJRA 011 TRUST	Bond - Asset Backed	₹19.68 Cr	3.37%
Phoenix Arc Private Limited	Bond - Corporate Bond	₹16.45 Cr	2.82%
Aadhar Housing Finance Limited	Bond - Corporate Bond	₹15.75 Cr	2.70%
Tata Projects Ltd.	Bond - Corporate Bond	₹15.7 Cr	2.69%
Century Textiles And Industried Limited	Bond - Corporate Bond	₹15.64 Cr	2.68%
Delhi International Airport Limited	Bond - Corporate Bond	₹15.51 Cr	2.66%
Aadhar Housing Finance Ltd	Bond - Corporate Bond	₹15.47 Cr	2.65%
TVS Credit Services Limited	Bond - Corporate Bond	₹15.33 Cr	2.63%
Treps	Cash - Repurchase Agreement	₹11 Cr	1.89%
7.1% Govt Stock 2034	Bond - Gov't/Treasury	₹10.36 Cr	1.78%
Century Textiles And Industried Limited	Bond - Corporate Bond	₹10.26 Cr	1.76%
Indostar Capital Finance Limited	Bond - Corporate Bond	₹10.23 Cr	1.75%
The Tata Power Company Limited	Bond - Corporate Bond	₹5.43 Cr	0.93%
Nirma Limited	Bond - Corporate Bond	₹5.36 Cr	0.92%
CDMDF CLASS A2	Mutual Fund - Open End	₹1.48 Cr	0.25%
Net Current Assets (Including Cash & Bank Balances)	Cash - Collateral	₹-0.75 Cr	0.13%

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

Instruments	Amount	Holdings
Bond - Corporate Bond	₹404.04 Cr	69.26%
Bond - Gov't/Treasury	₹125.29 Cr	21.48%
Bond - Asset Backed	₹42.34 Cr	7.26%
Cash - Repurchase Agreement	₹11 Cr	1.89%
Mutual Fund - Open End	₹1.48 Cr	0.25%
Cash - Collateral	₹-0.75 Cr	0.13%

Risk & Performance Ratios

Fund Managers

Kapil Punjabi

Since November 2022

Shriram Ramanathan

Since November 2012

Additional Scheme Detailsas of 15th December 2024

ISIN

INF917K01UH8

Expense Ratio

0.86%

Exit Load

3.00%

Fund Size

₹582 Cr

Age

11 years 11 months

Lumpsum Minimum

₹5,000

Fund Status

Open Ended Investment Company

Benchmark

Nifty Credit Risk Bond B-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 Credit Risk Funds

Fund name	Expense Ratio	Exit Load	Fund size	1Y
Bandhan Credit Risk Fund Regular Growth Moderately High risk	1.7%	1.0%	₹300.19 Cr	7.3%
Bandhan Credit Risk Fund Direct Growth Moderately High risk	0.7%	1.0%	₹300.19 Cr	8.4%
Aditya BSL Credit Risk Fund Regular Growth Moderately High risk	1.5%	3.0%	₹920.60 Cr	11.8%
Aditya BSL Credit Risk Fund Direct Growth Moderately High risk	0.7%	3.0%	₹920.60 Cr	12.8%
Baroda BNP Paribas Credit Risk Fund Regular Growth Moderately High risk	1.6%	1.0%	₹170.37 Cr	8.1%
Baroda BNP Paribas Credit Risk Fund Direct Growth Moderately High risk	0.8%	1.0%	₹170.37 Cr	8.9%
UTI Credit Risk Fund Regular Growth Moderately High risk	1.6%	1.0%	₹313.43 Cr	7.9%
Nippon India Credit Risk Fund Regular Growth High Risk	1.5%	1.0%	₹993.03 Cr	8.2%
SBI Credit Risk Fund Regular Growth High Risk	1.6%	3.0%	₹2285.19 Cr	8.0%
DSP Credit Risk Fund Regular Growth Moderately High risk	1.1%	1.0%	₹188.93 Cr	7.7%

About the AMC

HSBC Mutual Fund

+91 22 66145000

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

Total AUM

₹1,26,476 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%	₹1601.47 Cr	37.9%
HSBC Balanced Advantage Fund Direct Growth Moderately High risk	0.8%	1.0%	₹1523.23 Cr	18.3%
HSBC Infrastructure Fund Direct Growth Very High Risk	1.0%	1.0%	₹2611.16 Cr	35.1%
HSBC Aggressive Hybrid Fund Direct Growth Very High Risk	0.8%	1.0%	₹5631.02 Cr	27.5%
HSBC Value Fund Direct Growth Very High Risk	0.8%	1.0%	₹13674.90 Cr	31.2%
HSBC Credit Risk Fund Direct Growth Moderately High risk	0.9%	3.0%	₹581.67 Cr	8.0%
HSBC Banking & PSU Debt Direct Growth Low to Moderate Risk	0.2%	0.0%	₹4390.92 Cr	7.6%
HSBC Midcap Fund Direct Growth Very High Risk	0.7%	1.0%	₹11912.40 Cr	45.9%
HSBC ELSS Fund Direct Growth Very High Risk	1.1%	0.0%	₹4302.98 Cr	37.8%
HSBC Equity Savings Fund Direct Growth Moderately High risk	0.6%	0.0%	₹583.31 Cr	25.8%
HSBC Low Duration Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹420.18 Cr	7.9%
HSBC Short Duration Fund Direct Growth Moderate Risk	0.3%	0.0%	₹3785.73 Cr	8.0%
HSBC Corporate Bond Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹6116.70 Cr	8.4%
HSBC Dynamic Bond Fund Direct Growth Moderate Risk	0.2%	0.0%	₹158.88 Cr	9.2%
HSBC Money Market Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹2653.96 Cr	7.7%
HSBC Gilt Fund Direct Growth Moderate Risk	0.5%	0.0%	₹258.89 Cr	9.3%
HSBC Medium Duration Direct Growth Moderate Risk	0.4%	0.0%	₹841.36 Cr	8.9%
HSBC Focused Fund Direct Growth Very High Risk	0.9%	1.0%	₹1773.83 Cr	28.0%
HSBC Business Cycles Fund Direct Growth Very High Risk	1.1%	1.0%	₹1016.25 Cr	41.3%
HSBC Overnight Fund Direct Growth Low Risk	0.1%	0.0%	₹2387.80 Cr	6.7%
HSBC Conservative Hybrid Fund Direct Growth Moderately High risk	1.3%	0.0%	₹140.91 Cr	17.1%
HSBC Large Cap Fund Direct Growth Very High Risk	1.2%	1.0%	₹1928.20 Cr	22.3%
HSBC Global Emerging Markets Fund Direct Growth Very High Risk	1.6%	1.0%	₹36.14 Cr	11.9%
HSBC Brazil Fund Direct Growth Very High Risk	1.9%	1.0%	₹41.35 Cr	-25.2%
HSBC Medium to Long Duration Fund Direct Growth Moderate Risk	0.7%	0.0%	₹49.74 Cr	8.8%
HSBC Liquid Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹18785.87 Cr	7.5%
HSBC Flexi Cap Fund Direct Growth Very High Risk	1.2%	1.0%	₹4942.70 Cr	33.2%
HSBC Tax Saver Equity Fund Direct Growth Very High Risk	1.6%	0.0%	₹258.12 Cr	37.3%
HSBC Ultra Short Duration Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹2961.28 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%	₹1889.34 Cr	8.3%
HSBC Small Cap Fund Direct Growth Very High Risk	0.7%	1.0%	₹16919.61 Cr	34.1%
HSBC Global Equity Climate Change Fund of Fund Direct Growth Very High Risk	1.4%	1.0%	₹74.20 Cr	5.2%
HSBC Managed Solutions India Conservative Direct Growth Moderately High risk	0.5%	1.0%	₹22.74 Cr	9.8%
HSBC Managed Solutions India Moderate Direct Growth High Risk	0.9%	1.0%	₹59.03 Cr	19.0%
HSBC Managed Solutions India Growth Direct Growth Very High Risk	1.0%	1.0%	₹41.88 Cr	21.5%
HSBC CRISIL IBX Gilt June 2027 Index Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹194.60 Cr	7.8%
HSBC Arbitrage Fund Direct Growth Low Risk	0.3%	0.0%	₹2447.57 Cr	8.1%
HSBC Nifty Next 50 Index Fund Direct Growth Very High Risk	0.3%	1.0%	₹134.78 Cr	35.1%
HSBC Nifty 50 Index Fund Direct Growth Very High Risk	0.2%	1.0%	₹292.47 Cr	12.5%
HSBC Large & Mid Cap Fund Direct Growth Very High Risk	0.9%	1.0%	₹3608.53 Cr	43.9%
HSBC Multi Cap Fund Direct Growth Very High Risk	0.6%	1.0%	₹4361.90 Cr	33.9%
HSBC Asia Pacific (Ex Japan) Dividend Yield Fund Direct Growth Very High Risk	1.7%	1.0%	₹7.84 Cr	15.7%

Risk Level

Your principal amount will be at Moderately High risk

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Still got questions?
We're here to help.

What is the current NAV of HSBC Credit Risk Fund Direct Growth?

The NAV of HSBC Credit Risk Fund Direct Growth, as of 20-Dec-2024, is ₹29.73.

What are the returns of HSBC Credit Risk Fund Direct Growth?

The fund has generated 7.99% over the last 1 year and 6.37% 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 Credit Risk Fund Direct Growth?

The fund's allocation of assets is distributed as 0.00% in equities, 95.17% in bonds, and 4.58% in cash and cash equivalents.

Who manages the HSBC Credit Risk Fund Direct Growth?

The fund managers responsible for HSBC Credit Risk Fund Direct Growth are:-

Kapil Punjabi
Shriram Ramanathan

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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HSBC Credit Risk Fund Direct Growth

Fund Overview