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Value Research Rating
Analyst’s Choice
Riskometer
Low to Moderate
₹24.0487 0.04%
As on 11-Oct-2024
As per SEBI's Riskometer.
Split between different types of investments
Split between categories of Equity investments
Rating |
VR Opinion |
Risk
|
Return (%) |
|
Expense Ratio (%)
|
|
|---|---|---|---|---|---|---|
|
HSBC Banking and PSU Debt Fund - Direct Plan
|
|
|
Low to Moderate
|
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0.23 |
|
 |
|
Moderate
|
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0.33 |
||
|
|
Moderate
|
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0.39 |
||
 |
|
Moderate
|
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0.39 |
||
|
|
Moderate
|
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0.39 |
₹4,204 Cr
--
5,000
500
1,000
6
Investment Strategy
The scheme aims to generate reasonable returns by primarily investing in debt and money market securities that are issued by Banks, Public Sector Undertakings and Public Financial Institutions in India.
Suitability
"Banking and PSU funds invest mainly in bonds issued by banks, public sector undertakings (PSUs) and public financial institutions. They are suitable for a short investment horizon of two 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.
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."
Capital Gains Taxation
Disclaimer: The tax information has been prepared on a best-effort basis using information available in the public domain and other sources that Value Research considers reliable. This is not meant as tax advice, and we advise you to consult your tax advisor before making any decision. Value Research takes no responsibility and assumes no liability for any loss or damage arising from any investment or redemption decision based on this information.
Dividend Taxation
1 min read•By News Desk
HSBC Banking and PSU Debt Fund - Direct Plan is mandated to invest at least 80 per cent of its assets in bonds issued by banks, public sector undertakings (PSUs) and public financial institutions.
Mutual funds can be bought directly from the website of the fund house. For instance, HSBC Banking and PSU Debt Fund - Direct Plan fund can be purchased from the website of HSBC Mutual Fund. You can also buy mutual funds through platforms like MF Central, MF Utility, among others. However, if you are not comfortable buying mutual funds online, you can seek help of a mutual fund distributor. Most banks also act as mutual fund distributors. So you can connect with your bank for assistance.
The NAV of HSBC Banking and PSU Debt Fund - Direct Plan is ₹24.0487 as of 12-Oct-2024.
The AUM of HSBC Banking and PSU Debt Fund - Direct Plan Fund is ₹4,204 Cr as of 30-Sep-2024
The riskometer level of HSBC Banking and PSU Debt Fund - Direct Plan is Low to Moderate. See More
| Company | Percentage of Portfolio |
|---|---|
|
NTPC Ltd SR 80 NCD 7.35 17/04/2026 |
7.37
|
|
GOI Sec 5.63 12/04/2026 |
6.50
|
|
GOI Sec 7.38 20/06/2027 |
5.80
|
|
Small Industries Devp. Bank of India Ltd SR IV Debenture 7.11 27/02/2026 |
5.36
|
|
Power Finance Corporation Ltd SR 208 NCD 6.50 17/09/2025 |
4.72
|
As of 30-Sep-2024, HSBC Banking and PSU Debt Fund - Direct Plan had invested 99.2% in Debt and 0.8% in Cash & Cash Eq. See More
HSBC Banking and PSU Debt Fund - Direct Plan is 11 years 9 months old. It has delivered 7.50% returns since inception. See More
|
1Y
|
3Y
|
5Y
|
7Y
|
10Y
|
Since Inception
|
|---|---|---|---|---|---|
|
7.93%
|
5.18%
|
6.22%
|
6.60%
|
7.28%
|
7.50%
|
No, There is no lock in period in HSBC Banking and PSU Debt Fund - Direct Plan.
The expense ratio of HSBC Banking and PSU Debt Fund - Direct Plan is 0.23.
