HSBC Low Duration Fund Direct Growth
DebtLow DurationLow to Moderate Risk
Direct
NAV (21-Nov-24)
Returns (Since Inception)
Fund Overview
Fund Size
₹420 Cr
Expense Ratio
0.24%
ISIN
INF917K01GM7
Minimum SIP
₹1,000
Exit Load
No Charges
Inception Date
01 Jan 2013
About this fund
As of 21-Nov-24, it has a Net Asset Value (NAV) of ₹28.45, Assets Under Management (AUM) of 420.18 Crores, and an expense ratio of 0.24%.
- HSBC Low Duration Fund Direct Growth has given a CAGR return of 7.56% since inception.
- The fund's asset allocation comprises around 0.00% in equities, 68.45% in debts, and 31.24% in cash & cash equivalents.
- You can start investing in HSBC Low Duration 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
+7.96%
+6.86% (Cat Avg.)
3 Years
+6.56%
+5.82% (Cat Avg.)
5 Years
+6.31%
+5.80% (Cat Avg.)
10 Years
+7.24%
+5.68% (Cat Avg.)
Since Inception
+7.56%
— (Cat Avg.)
Portfolio Summaryas of 30th September 2024
| Debt | ₹287.62 Cr | 68.45% |
| Others | ₹132.56 Cr | 31.55% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Power Grid Corporation Of India Limited | Bond - Corporate Bond | ₹27.84 Cr | 6.36% |
| Indian Railway Finance Corporation Limited | Bond - Corporate Bond | ₹26.82 Cr | 6.13% |
| Rural Electrification Corporation Limited | Bond - Corporate Bond | ₹26.59 Cr | 6.08% |
| Ongc Petro Additions Limited | Bond - Corporate Bond | ₹26.26 Cr | 6.00% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹26.21 Cr | 5.99% |
| National Housing Bank | Bond - Corporate Bond | ₹26.12 Cr | 5.97% |
| Bajaj Housing Finance Limited | Bond - Corporate Bond | ₹26.08 Cr | 5.96% |
| Power Finance Corporation Ltd. | Bond - Corporate Bond | ₹25.14 Cr | 5.75% |
| Canara Bank | Cash - CD/Time Deposit | ₹24.47 Cr | 5.60% |
| Axis Bank Limited | Cash - CD/Time Deposit | ₹24.41 Cr | 5.58% |
| Punjab National Bank | Cash - CD/Time Deposit | ₹24.37 Cr | 5.57% |
| Bank Of Baroda | Cash - CD/Time Deposit | ₹24.31 Cr | 5.56% |
| ICICI Bank Limited | Cash - CD/Time Deposit | ₹23.56 Cr | 5.39% |
| Cholamandalam Investment And Finance Company Limited | Bond - Corporate Bond | ₹18.61 Cr | 4.26% |
| Treps | Cash - Repurchase Agreement | ₹18.43 Cr | 4.21% |
| Shriram Finance Limited | Bond - Corporate Bond | ₹16.13 Cr | 3.69% |
| 7.93% Govt Stock 2033 | Bond - Gov't/Treasury | ₹15.43 Cr | 3.53% |
| Net Current Assets (Including Cash & Bank Balances) | Cash | ₹-13.6 Cr | 3.11% |
| Phoenix Arc Private Limited | Bond - Corporate Bond | ₹12.1 Cr | 2.77% |
| Bank Of Baroda | Cash - CD/Time Deposit | ₹10.72 Cr | 2.45% |
| 7.06% Govt Stock 2028 | Bond - Gov't/Treasury | ₹10.46 Cr | 2.39% |
| 7.72% Govt Stock 2028 | Bond - Gov't/Treasury | ₹10.43 Cr | 2.38% |
| 7.38% Govt Stock 2027 | Bond - Gov't/Treasury | ₹5.19 Cr | 1.19% |
| CDMDF CLASS A2 | Mutual Fund - Open End | ₹1.34 Cr | 0.31% |
Allocation By Credit Quality (Debt)
AAA
AA
Other Allocation
Equity Sector
Debt & Others
| Instruments | Amount | Holdings |
|---|---|---|
| Bond - Corporate Bond | ₹257.9 Cr | 58.96% |
| Cash - CD/Time Deposit | ₹131.84 Cr | 30.14% |
| Bond - Gov't/Treasury | ₹41.5 Cr | 9.49% |
| Cash - Repurchase Agreement | ₹18.43 Cr | 4.21% |
| Cash | ₹-13.6 Cr | 3.11% |
| Mutual Fund - Open End | ₹1.34 Cr | 0.31% |
| Bond - Short-term Government Bills | ₹0 Cr | - |
Risk & Performance Ratios
Standard Deviation
This fund
0.61%
Cat. avg.
0.75%
Lower the better
Sharpe Ratio
This fund
0.91
Cat. avg.
-0.47
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
-0.37
Higher the better
Fund Managers
Shriram Ramanathan
Since November 2012
Mohd Asif Rizwi
Since January 2024
Additional Scheme Detailsas of 30th September 2024
ISIN INF917K01GM7 | Expense Ratio 0.24% | Exit Load No Charges | Fund Size ₹420 Cr | Age 11 years 10 months | Lumpsum Minimum ₹5,000 | Fund Status Open Ended Investment Company | Benchmark NIFTY Low Duration Debt Index 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 Low Duration Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Mahindra Manulife Low Duration Fund Direct Growth Moderate Risk | 0.3% | 0.0% | ₹578.67 Cr | 8.0% |
| Mahindra Manulife Low Duration Fund Regular Growth Moderate Risk | 1.1% | 0.0% | ₹578.67 Cr | 7.2% |
| Tata Treasury Advantage Fund Regular Growth Low to Moderate Risk | 0.6% | 0.0% | ₹2587.66 Cr | 7.5% |
| Kotak Low Duration Fund Regular Growth Low to Moderate Risk | 1.2% | 0.0% | ₹11241.26 Cr | 7.3% |
| Mirae Asset Savings Fund Regular Growth Low to Moderate Risk | 0.8% | 0.0% | ₹1248.72 Cr | 7.1% |
| HDFC Low Duration Fund Regular Growth Low to Moderate Risk | 1.0% | 0.0% | ₹17570.32 Cr | 7.5% |
| Bandhan Low Duration Fund Regular Growth Low to Moderate Risk | 0.6% | 0.0% | ₹5529.40 Cr | 7.4% |
| Canara Robeco Savings Fund Regular Growth Low to Moderate Risk | 0.7% | 0.0% | ₹912.42 Cr | 7.4% |
| ICICI Prudential Savings Fund Regular Growth Low to Moderate Risk | 0.5% | 0.0% | ₹21132.05 Cr | 8.0% |
| Sundaram Low Duration Fund Regular Growth Moderate Risk | 1.1% | 0.0% | ₹395.54 Cr | 7.3% |
About the AMC
HSBC Mutual Fund
Total AUM
₹1,25,951 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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Who manages the HSBC Low Duration Fund Direct Growth?
- Shriram Ramanathan
- Mohd Asif Rizwi
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