VR Logo

1 star

HSBC Short Duration Fund


Debt: Short Duration

1 Lakh

Investment Grown to
₹ 1.04 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.22 Lakh

Suitability:

Short Duration debt funds invest mainly in bonds maturing in a period of one to three years. They are suitable for investment horizons of one to three years, or for the fixed-income allocation in your longer-term portfolio. You can expect to earn higher returns than what a bank fixed deposit can fetch.

The risk of incurring a loss in these funds is low, but they do not guarantee returns or safety of capital like a bank deposit. There have been instances when short duration funds have incurred losses.

Remember, their returns may not be substantially higher than inflation. They are meant to deliver steady, but low to moderate returns and are not suitable to build wealth in the long run.

Taxability of earnings:

Capital gains

  • If the mutual fund units are sold after 3 years from the date of investment, gains are taxed at the rate of 20% after providing the benefit of inflation indexation.
  • If the mutual fund units are sold within 3 years from the date of investment, entire amount of gain is added to the investors' income and taxed according to the applicable slab rate.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

Read more

ajax-loader
Please wait...

ajax-loader
Please wait...

(₹)
cal
cal

ajax-loader
Please wait...

Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund 2.52 0.05 -0.03 -0.06 0.84 2.13 3.71 3.10 3.94 5.29 6.28
CCIL T Bill Liquidity Weight 1.61 -0.01 -0.03 0.11 0.50 1.06 2.04 3.32 3.61 4.05 4.52
Debt: Short Duration 3.60 0.03 0.01 0.81 1.79 3.16 4.75 6.60 6.18 7.04 7.69
Rank within category 18 6 26 21 20 22 15 24 22 22 20
Number of funds in category 26 28 28 28 27 27 26 25 23 23 21

As on 21-Oct-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
HSBC Short Duration Fund  | Invest Online
1 star
Dec-02 3.71 3.10 3.94 1.29% 326
ICICI Prudential Short Term Fund  | Invest Now
5 star
Oct-01 4.87 8.52 7.40 1.13% 21,345
HDFC Short Term Debt Fund  | Invest Online
5 star
Jun-10 4.68 8.62 7.75 0.79% 19,436
Kotak Bond - Short Term Regular Fund  | Invest Online
4 star
May-02 4.15 8.20 7.07 1.16% 17,160
IDFC Bond Fund Short Term Plan - Regular Plan
4 star
Dec-00 3.78 8.13 7.15 0.77% 12,708

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 8.81 03-Jul-2020 - 10-Jul-2020 -8.96 04-May-2020 - 11-May-2020
Month 10.44 10-Jun-2020 - 10-Jul-2020 -8.45 20-Apr-2020 - 20-May-2020
Quarter 11.39 11-May-2020 - 10-Aug-2020 -8.27 10-Feb-2020 - 11-May-2020
Year 14.81 11-May-2020 - 11-May-2021 -10.10 10-May-2019 - 11-May-2020

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 3.58 8.73 -0.04 -0.04 0.27 -0.20
CCIL T Bill Liquidity Weight 3.34 0.40 -1.54 -3.94 -- --
Debt: Short Duration 6.63 3.56 1.45 2.46 0.57 3.03
Rank within category 24 24 24 24 6 23
Number of funds in category 25 25 25 25 25 25

The Risk Measures have been calculated using calendar month returns for the last three years.

As on 30-Sep-2021

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 25 25 16 61
Modified Duration (yrs) 1.58 2.17 1.41 --
Average Maturity (yrs) 1.78 2.50 1.58 --
Yield to Maturity (%) 4.44 5.46 4.44 --
Avg Credit Rating AAA -- -- --

Value Research Fund Style*

Credit Rating vis-à-vis Category

ajax-loader
Please wait...

Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
down 5.22% GOI 15/06/2025 GOI Securities SOV 0.00 - 14.98 12.21
equal 8.45% Sikka Ports and Terminals 2023 Debenture AAA 0.00 - 8.10 8.10
new 5.24% SIDBI 26/03/2024 Debenture AAA 0.00 - 7.71 7.71
new 5.14% National Bank Agr. Rur. Devp 21-D 31/01/2024 Debenture AAA 0.00 - 7.66 7.66
new 7.68% L&T Finance 2023 Debenture AAA 0.00 - 4.74 4.74
equal 6.19% LIC Housing Fin. 25/11/2024 Debenture AAA 4.59 - 9.83 4.66
equal 5.15% Kotak Mahindra Prime 28/09/2022 Debenture AAA 4.53 - 9.79 4.62
equal 8.23% REC 23/01/2025 Debenture AAA 0.00 - 4.90 3.29
equal 7.94% Export-Import Bank 22/05/2023 Bonds AAA 0.00 - 5.13 3.22
equal 7.16% Power Finance Corporation 24/04/2025 Non Convertible Debenture AAA 3.14 - 6.77 3.20
new 8.50% L&T Infrastructre Finance 17/01/2023 Debenture AAA 0.00 - 3.19 3.19
equal 6.18% GOI 2024 GOI Securities SOV 0.00 - 10.06 3.17
equal 7.61% Housing & Urban Development Corporation 22/06/2022 Debenture AAA 3.09 - 6.76 3.14
equal 5.75% HDB Financial Services 28/05/2024 Debenture AAA 0.00 - 4.84 3.09
equal 5.10% Sundaram Finance 2023 Debenture AAA 0.00 - 9.68 3.07
new 5.69% Bajaj Housing Finance 2024 Non Convertible Debenture AAA 0.00 - 3.06 3.06
equal 8.50% Jammu & Kashmir State 30/03/2025 State Development Loan SOV 0.00 - 3.53 1.67
equal 8.76% Export-Import Bank 14/02/2023 Bonds AAA 0.00 - 2.82 1.62
equal 8.58% Gujarat State 23/01/2023 State Development Loan SOV 1.59 - 3.46 1.61
equal 8.59% Andhra Pradesh State 23/01/2023 State Development Loan SOV 1.59 - 3.46 1.61
equal 8.60% Madhya Pradesh State 23/01/2023 State Development Loan SOV 1.59 - 3.46 1.61
equal 7.87% HDFC 18/07/2022 Non Convertible Debenture AAA 1.55 - 5.82 1.57
equal 8.65% Uttar Pradesh State 2024 State Development Loan SOV 0.00 - 2.81 1.32
equal 8.66% West Bengal State 20/03/2023 State Development Loan SOV 1.12 - 2.44 1.13
equal 8.73% Uttar Pradesh State 31/12/2022 State Development Loan SOV 0.00 - 1.38 0.65

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 30-Sep-2021

*As on 31-Aug-2021

Fund Manager

— Ritesh Jain since 01-Sep-2020

Education: Ritesh holds a PGDBA from K.J. Somaiya Institute of Management Studies & Research, Mumbai and B.Com (Hons.) from University of Calcutta.

Experience: Prior to joining HSBC Mutual Fund, he has worked with PGIM India AMC, he was the Head - Fixed Income with Morgan Stanley Investment Management Pvt. Ltd. ( March 2009 - June 2014 ). He has also been the Head - Fixed Income with Principal PNB AMC ( April 2001 - February 2009).

Interviews:

Funds Managed:


0.05%

Change from previous, NAV as on 21-Oct-2021

Growth: ₹ 31.8156

IDCW Weekly: ₹ 10.1893

More

IDCW Quarterly: ₹ 11.1105

IDCW Monthly: ₹ 11.6651


Investment Strategy

The scheme seeks to generate regular income through a diversified portfolio of fixed income securities such that the Macaulay duration of the portfolio is between 1 year to 3 years.

Investment Details

Minimum Investment (₹) 5,000
Minimum Addl Investment (₹) 1,000
Minimum SIP Investment (₹) 500
Minimum No of Cheques 12
Minimum Withdrawal (₹) 1
Minimum Balance (₹) 10,000
Lock-in Period Not Applicable
Exit Load 0

Basic Details

Fund House: HSBC Mutual Fund
Launch Date: 10-Dec-2002
Return Since Launch: 6.32%
Benchmark: CRISIL Short-Term Bond Index
Riskometer: Low to Moderate
Type: Open-ended
Assets: ₹ 326 Cr (As on 30-Sep-2021)
Expense: 1.29% (As on 31-Aug-2021)
Risk Grade: High
Return Grade: Low

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Weekly21-Sep-20210.0043

 14-Sep-20210.0008
 07-Sep-20210.0137
 31-Aug-20210.0111
 24-Aug-20210.0130
 17-Aug-20210.0252
 10-Aug-20210.0062
 03-Aug-20210.0105
 27-Jul-20210.0063
 20-Jul-20210.0199
 15-Jun-20210.0041
 08-Jun-20210.0170
 25-May-20210.0197
 18-May-20210.0106
 11-May-20210.0113
 04-May-20210.0190
 27-Apr-20210.0281
 20-Apr-20210.0093
 15-Apr-20210.0017
 06-Apr-20210.0115
 05-Jan-20210.0210
 29-Dec-20200.0113
 22-Dec-20200.0027
 15-Dec-20200.0018
 08-Dec-20200.0044
IDCW Monthly27-Apr-20200.0025

 27-May-20190.0781
 25-Apr-20190.0151
 25-Mar-20190.0609
 25-Feb-20190.0324
 25-Jan-20190.0491
 26-Dec-20180.0506
 26-Nov-20180.0485
 25-Oct-20180.0560
 27-Aug-20180.0521
 25-Jul-20180.0491
 25-Jun-20180.0517
 25-Apr-20180.0174
 26-Mar-20180.0595
 26-Feb-20180.0103
 25-Jan-20180.0240
 27-Nov-20170.0376
 25-Oct-20170.0409
 25-Sep-20170.0395
 28-Aug-20170.0479
 25-Jul-20170.0462
 27-Jun-20170.0522
 25-May-20170.0403
 25-Apr-20170.0459
 27-Mar-20170.0358
IDCW Quarterly25-Sep-20170.1445

Contact Information

AMC: HSBC Global Asset Management Company (India) Private Limited

Address: 9-11th Floor, NESCO - IT Park Bldg. 3, Nesco Complex, Western Express Highway, Goregaon East, Mumbai - 400063

Phone: 022-66145000 / 66668819 / 1800-200-2434

Fax: 022-40029600

Email: [email protected]

Website: http://www.assetmanagement.hsbc.co.in

Registrar & Transfer Agent: Computer Age Management Services Ltd.

Address: 7th Floor, Tower II, Rayala Towers, 158, Anna Salai, Chennai - 600002

Phone: 1800-3010-6767 / 1800-419-7676

Fax: 044-30407101

Email: [email protected]

Website: www.camsonline.com

Upcoming Video

Investors' Hangout

The investment mindset: These women show the way

DateFriday, 29-Oct-2021
Time12:30 PM - 01:00 PM