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2 star

HSBC Flexi Debt Fund - Direct Plan


Debt: Dynamic Bond

1 Lakh

Investment Grown to
₹ 1.03 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.23 Lakh

Suitability:

"Dynamic Bond funds have the freedom to invest in bonds of any duration. Depending on where it expects to earn maximum returns, the fund management team actively decides whether to invest in bonds maturing in a few months or in the ones maturing several years later.

However, retail investors can avoid these funds altogether. There are far too many kinds of debt funds with a highly nuanced classification based on the type or duration of bonds they can invest in. We believe that so many fund categories add to complexity which is easily avoidable. Retail investors can simply invest in Liquid funds for an investment horizon of up to one year and Short Duration funds for the fixed income allocation (which should be 100 per cent for investment horizon of up to three years) in their longer-term portfolios."

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.

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(₹)
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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 2.50 -0.07 -0.10 0.60 0.77 1.97 2.98 7.92 5.99 7.25 --
VR Bond 2.68 0.01 0.10 0.60 1.14 2.12 2.88 6.14 5.55 6.65 --
Debt: Dynamic Bond 4.17 -0.04 -0.02 0.56 1.26 2.85 4.69 7.93 6.53 7.92 --
Rank within category 23 22 23 10 18 22 21 15 16 16 --
Number of funds in category 26 28 28 28 28 27 26 25 22 21 0

As on 07-Dec-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
HSBC Flexi Debt Fund - Direct Plan  | Invest Online
2 star
Jan-13 2.98 7.92 5.99 0.95% 56
ICICI Prudential All Seasons Bond Fund - Direct Plan  | Invest Now
5 star
Jan-13 5.45 9.84 8.12 0.61% 6,647
IDFC Dynamic Bond Fund - Direct Plan
4 star
Jan-13 3.24 9.62 7.78 0.72% 4,064
Kotak Dynamic Bond Fund - Direct Plan  | Invest Online
5 star
Jan-13 4.42 9.71 8.28 0.52% 2,972
Axis Dynamic Bond Fund - Direct Plan
4 star
Jan-13 4.78 9.97 7.86 0.25% 2,248

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 3.62 19-Aug-2013 - 26-Aug-2013 -2.90 12-Aug-2013 - 19-Aug-2013
Month 4.50 25-Oct-2016 - 24-Nov-2016 -3.75 19-Jul-2013 - 19-Aug-2013
Quarter 7.23 15-Sep-2014 - 15-Dec-2014 -6.70 20-May-2013 - 19-Aug-2013
Year 16.67 31-Jan-2014 - 02-Feb-2015 -0.97 12-Jun-2017 - 12-Jun-2018

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 7.93 3.16 1.31 1.91 1.42 0.72
VR Bond 6.20 2.04 1.18 1.59 -- --
Debt: Dynamic Bond 7.88 3.58 1.36 2.13 1.07 1.52
Rank within category 14 14 17 16 20 19
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-Nov-2021

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 5 6 4 30
Modified Duration (yrs) 4.74 5.95 3.11 --
Average Maturity (yrs) 6.73 8.56 4.39 --
Yield to Maturity (%) 5.78 6.03 5.24 --
Avg Credit Rating GOI/Cash -- -- --

Value Research Fund Style*

Credit Rating vis-à-vis Category

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Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
equal 6.64% GOI 16/06/2035 GOI Securities SOV 0.00 - 26.67 26.67
equal 6.79% GOI 15/05/2027 GOI Securities SOV 14.99 - 18.71 18.66
equal 5.15% GOI 2025 GOI Securities SOV 0.00 - 17.88 17.80
equal 7.72% GOI 25/05/2025 Central Government Loan SOV 0.00 - 9.69 9.63
equal 6.89% Indian Railway Finance Corporation 19/07/2031 Debenture AAA 0.00 - 9.02 9.01

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-Nov-2021

*As on 31-Oct-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:


-0.07%

Change from previous, NAV as on 07-Dec-2021

Growth: ₹ 30.9561

IDCW Quarterly: ₹ 11.8523

IDCW Monthly: ₹ 10.5921


Investment Strategy

To deliver returns in the form of interest income and capital gains, along with high liquidity, commensurate with the current view on the markets and the interest rate cycle, through active investment in debt and money market instruments.

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 (₹) --
Lock-in Period Not Applicable
Exit Load 0

Basic Details

Fund House: HSBC Mutual Fund
Launch Date: 01-Jan-2013
Return Since Launch: 7.63%
Benchmark: CRISIL Composite Bond Index
Riskometer: Moderate
Type: Open-ended
Assets: ₹ 56 Cr (As on 30-Nov-2021)
Expense: 0.95% (As on 31-Oct-2021)
Risk Grade: Average
Return Grade: Below Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Quarterly27-Sep-20210.1800

 25-Jun-20210.1800
 25-Mar-20210.1800
 28-Dec-20200.1800
 25-Sep-20200.1800
 25-Jun-20200.1800
 25-Mar-20200.1369
 26-Dec-20190.1441
 25-Sep-20190.1441
 25-Jun-20190.1441
 25-Mar-20190.1441
 26-Dec-20180.1441
 25-Sep-20180.1441
 25-Jun-20180.1801
 26-Mar-20180.1806
 26-Dec-20170.1806
 25-Sep-20170.1806
 27-Jun-20170.1806
 27-Mar-20170.1806
 26-Dec-20160.1878
 26-Sep-20160.1806
 27-Jun-20160.1806
 28-Mar-20160.1806
 28-Dec-20150.1806
 28-Sep-20150.1806
IDCW Monthly25-Jan-20210.0005

 28-Dec-20200.0406
 25-Nov-20200.0366
 26-Oct-20200.1801
 25-Sep-20200.0902
 27-Jul-20200.1075
 25-Jun-20200.0910
 26-May-20200.0550
 27-Apr-20200.1070
 25-Feb-20200.1402
 27-Jan-20200.0543
 25-Nov-20190.0608
 25-Oct-20190.0754
 26-Aug-20190.0636
 25-Jul-20190.1403
 25-Jun-20190.0825
 27-May-20190.1441
 25-Mar-20190.1253
 25-Feb-20190.0375
 26-Dec-20180.0864
 26-Nov-20180.0576
 26-Oct-20150.1144
 28-Sep-20150.0985
 25-Aug-20150.0676
 27-Jul-20150.0068
IDCW Half Yearly25-Mar-20190.3241

 26-Mar-20180.2889
 25-Sep-20170.3611
 27-Mar-20170.3611
 26-Sep-20160.3611
 28-Mar-20160.3611
 28-Sep-20150.3611
 25-Mar-20150.3484
 25-Sep-20140.3117
 13-Sep-20130.3117
 15-Mar-20130.3524
IDCW Fortnightly28-Oct-20150.0055

 14-Oct-20150.1131
 28-Sep-20150.0382
 14-Sep-20150.0276
 28-Aug-20150.0124
 14-Aug-20150.0584
 28-Jul-20150.0355
 28-May-20150.0143
 28-Apr-20150.0176
 15-Apr-20150.0130
 30-Mar-20150.0200
 02-Mar-20150.0053
 16-Feb-20150.0255
 28-Jan-20150.0429
 14-Jan-20150.0078
 21-Jun-20130.0097
 07-Jun-20130.0357
 24-May-20130.0678
 10-May-20130.0397
 26-Apr-20130.0373
 12-Apr-20130.0296
 28-Mar-20130.0234
 15-Mar-20130.0303
 01-Mar-20130.0045
 15-Feb-20130.0545

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]camsonline.com

Website: www.camsonline.com

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