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2 star

HSBC Debt Fund


Debt: Medium to Long Duration

1 Lakh

Investment Grown to
₹ 1.09 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.27 Lakh

Suitability:

Medium to Long Duration debt funds invest in bonds maturing in 4 to 7 years' time. They aim to earn slightly better returns than inflation and bank fixed deposits of a similar duration. The risk of incurring a loss in these funds over the said time frame is low, but they do not guarantee returns or safety of capital.

We believe that Aggressive Hybrid funds or Large Cap Equity funds, which invest predominantly in shares, are more suitable alternatives for an investment horizon of 5 years or more because of their ability to earn much higher returns. They witness more severe ups and downs than Medium to Long Duration funds but the possibility of incurring a loss is substantially reduced if you invest for 5 years and above.

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 paid by the mutual fund scheme are taxed at the rate of 25% (effectively 29.12%, including surcharge and cess). This is known as Dividend Distribution Tax (DDT).Though the investor does not pay this tax directly, it is deducted from the dividend income before passing on to the investor.

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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund 7.25 0.10 0.50 1.55 5.59 7.06 9.38 7.04 7.52 7.28 7.75
VR Bond 5.41 0.15 0.30 0.82 3.14 5.25 7.44 7.07 7.52 7.61 7.59
Debt: Medium to Long Duration 7.27 0.19 0.73 2.05 6.40 7.16 9.91 6.60 7.70 7.61 7.92
Rank within category 10 12 9 12 12 10 11 10 11 12 11
Number of funds in category 14 14 14 14 14 14 14 14 14 14 14

As on 08-Jul-2020

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
HSBC Debt Fund  | Invest Online
2 star
Dec-02 9.38 7.04 7.52 2.07 37
ICICI Prudential Bond Fund  | Invest Now
4 star
Aug-08 12.99 8.32 8.89 1.08 3,537
SBI Magnum Income Fund  | Invest Online
5 star
Nov-98 13.27 8.36 9.31 1.47 1,318
IDFC Bond Fund Income Plan - Regular Plan
4 star
Jul-00 11.97 8.38 9.06 1.92 675
Nippon India Income Fund  | Invest Online
4 star
Jan-98 11.46 8.49 9.06 1.75 420

Best & Worst Performance

Best (Period) Worst (Period)
Week 4.30 (01-Dec-2008 - 08-Dec-2008) -5.39 (02-Jan-2009 - 09-Jan-2009)
Month 11.52 (01-Dec-2008 - 31-Dec-2008) -5.75 (05-Jan-2009 - 04-Feb-2009)
Quarter 15.75 (06-Oct-2008 - 05-Jan-2009) -8.74 (20-May-2013 - 19-Aug-2013)
Year 19.47 (04-Jan-2008 - 05-Jan-2009) -2.37 (11-Sep-2017 - 11-Sep-2018)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 6.63 3.45 0.38 0.79 1.68 -1.08
VR Bond 6.73 1.95 0.74 1.57 -- --
Debt: Medium to Long Duration 6.14 3.47 0.42 1.07 1.26 -0.96
Rank within category 10 9 10 11 12 11
Number of funds in category 14 14 14 14 14 14

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

As on 30-Jun-2020

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 7 11 4 21
Modified Duration (yrs) 4.15 5.63 4.15 --
Average Maturity (yrs) 5.46 7.70 5.43 --
Yield to Maturity (%) 5.35 7.18 5.35 --

Value Research Fund Style

Credit Rating vis-à-vis Category

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Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
up 7.72% GOI 25/05/2025 Central Government Loan SOV 0.00 - 28.31 20.93
equal 6.68% GOI 17/09/2031 GOI Securities SOV 0.00 - 23.10 19.79
down 6.79% GOI 15/05/2027 GOI Securities SOV 0.00 - 30.76 17.12
equal 7.26% GOI 14/01/2029 GOI Securities SOV 0.00 - 27.66 8.78
equal 6.50% National Bank Agr. Rur. Devp 17/04/2023 Debenture AAA 0.00 - 8.41 8.41
new 7.25% Larsen & Toubro 24/04/2023 Non Convertible Debenture AAA 0.00 - 8.38 8.38
equal 7.59% GOI 2026 GOI Securities SOV 0.00 - 5.63 0.59

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 31-May-2020

Fund Manager

— Kapil Punjabi since 16-Feb-2019

Education: Mr. Kapil Punjabi is MMS from Mumbai University.

Experience: Prior to joining HSBC Asset Management (India) Pvt. Ltd., he has worked with Taurus Asset Management Co. Ltd., Edelweiss Asset Management Ltd., Edelweiss Securities Ltd. and Trans Market Group Research (India) Pvt. Ltd.

Funds Managed:


0.10%

Change from previous, NAV as on 08-Jul-2020

Growth: ₹ 34.1563

Dividend Quarterly: ₹ 11.5579


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 4 years to 7 years.

Investment Details

Minimum Investment (₹) 5,000
Minimum Addl Investment (₹) 1,000
Minimum SIP Investment (₹) 500
Minimum No of Cheques 12
Minimum Withdrawal (₹) 1,000
Minimum Balance (₹) 1,000
Exit Load 0

Basic Details

Fund House: HSBC Mutual Fund
Launch Date: 10-Dec-2002
Return Since Launch: 7.23%
Benchmark: CRISIL Composite Bond
Riskometer: Moderate
Type: Open-ended
Assets: ₹ 37 Cr (As on 31-May-2020)
Expense: 2.07% (As on 31-May-2020)
Risk Grade: Above Average
Return Grade: Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Quarterly25-Jun-20200.1700

 25-Mar-20200.1369
 26-Dec-20190.1441
 25-Sep-20190.1441
 25-Jun-20190.1441
 25-Mar-20190.1441
 26-Dec-20180.1441
 26-Dec-20170.1445
 25-Sep-20170.1445
 27-Jun-20170.1445
 27-Mar-20170.1445
 26-Dec-20160.1733
 26-Sep-20160.1733
 27-Jun-20160.1733
 28-Mar-20160.1733
 28-Dec-20150.1733
 28-Sep-20150.1733
 25-Jun-20150.1733
 25-Mar-20150.1742
 26-Dec-20140.1452
 25-Sep-20140.1559
 25-Jun-20140.1559
 14-Mar-20140.1559
 13-Dec-20130.1559
 13-Sep-20130.1948

Contact Information

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

Address: The Hongkong and Shanghai Banking Corp. Ltd. 16, V. N. Road, Fort, Mumbai - 400001

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

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