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1 star

HSBC Short Duration Fund - Direct Plan


Debt: Short Duration

1 Lakh

Investment Grown to
₹ 1.05 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.23 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.

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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 0.28 0.04 0.16 0.36 0.79 1.90 4.52 3.43 4.62 5.94 --
CCIL T Bill Liquidity Weight 0.12 0.00 0.02 0.17 0.52 1.02 2.09 3.06 3.49 3.89 --
Debt: Short Duration 0.19 0.03 0.11 0.31 0.77 2.45 4.82 6.73 6.61 7.43 --
Rank within category 2 6 3 7 9 15 9 23 21 21 --
Number of funds in category 27 27 27 27 27 26 25 24 22 22 0

As on 25-Jan-2022

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
HSBC Short Duration Fund - Direct Plan  | Invest Online
1 star
Jan-13 4.52 3.43 4.62 0.26% 220
ICICI Prudential Short Term Fund - Direct Plan  | Invest Now
5 star
Jan-13 4.59 8.61 7.82 0.37% 22,059
HDFC Short Term Debt Fund - Direct Plan  | Invest Online
4 star
Jan-13 4.54 8.34 7.73 0.29% 18,229
Kotak Bond - Short Term Fund - Direct Plan  | Invest Online
4 star
Jan-13 4.47 8.27 7.59 0.34% 17,261
IDFC Bond Fund Short Term Plan - Direct Plan
4 star
Jan-13 4.23 7.88 7.40 0.30% 13,802

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 8.83 03-Jul-2020 - 10-Jul-2020 -8.94 04-May-2020 - 11-May-2020
Month 10.54 10-Jun-2020 - 10-Jul-2020 -8.38 20-Apr-2020 - 20-May-2020
Quarter 11.68 11-May-2020 - 10-Aug-2020 -8.06 10-Feb-2020 - 11-May-2020
Year 16.00 11-May-2020 - 11-May-2021 -9.23 10-May-2019 - 11-May-2020

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 3.86 8.73 0.01 0.01 -0.11 0.06
CCIL T Bill Liquidity Weight 3.13 0.39 -1.53 -4.65 -- --
Debt: Short Duration 6.71 3.55 1.57 3.05 0.59 3.34
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 31-Dec-2021

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 22 25 16 58
Modified Duration (yrs) 1.65 1.92 1.58 1.75
Average Maturity (yrs) 1.86 2.17 1.78 2.28
Yield to Maturity (%) 5.23 5.46 4.44 5.17
Avg Credit Rating AAA -- -- --

Value Research Fund Style

Credit Rating vis-à-vis Category

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Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
down 8.45% Sikka Ports and Terminals 2023 Debenture AAA 0.00 - 8.10 7.12
equal 7.68% L&T Finance 2023 Debenture AAA 0.00 - 6.99 6.99
equal 6.19% LIC Housing Fin. 25/11/2024 Debenture AAA 4.54 - 9.83 6.88
equal 5.15% Kotak Mahindra Prime 28/09/2022 Debenture AAA 4.52 - 9.79 6.85
down 5.22% GOI 15/06/2025 GOI Securities SOV 0.00 - 14.98 6.76
equal 8.23% REC 23/01/2025 Debenture AAA 0.00 - 4.90 4.85
equal 7.94% Export-Import Bank 22/05/2023 Bonds AAA 0.00 - 5.13 4.73
equal 7.16% Power Finance Corporation 24/04/2025 Non Convertible Debenture AAA 3.12 - 6.77 4.72
equal 8.50% L&T Infrastructre Finance 17/01/2023 Debenture AAA 0.00 - 4.69 4.69
equal 6.18% GOI 2024 GOI Securities SOV 0.00 - 10.06 4.66
equal 5.75% HDB Financial Services 28/05/2024 Debenture AAA 0.00 - 4.84 4.54
equal 5.69% Bajaj Housing Finance 2024 Non Convertible Debenture AAA 0.00 - 4.51 4.51
equal 5.10% Sundaram Finance 2023 Debenture AAA 2.99 - 9.68 4.51
equal 8.50% Jammu & Kashmir State 30/03/2025 State Development Loan SOV 1.62 - 3.53 2.45
equal 8.76% Export-Import Bank 14/02/2023 Bonds AAA 0.00 - 2.82 2.37
equal 8.58% Gujarat State 23/01/2023 State Development Loan SOV 1.57 - 3.46 2.36
equal 8.59% Andhra Pradesh State 23/01/2023 State Development Loan SOV 1.57 - 3.46 2.36
equal 8.60% Madhya Pradesh State 23/01/2023 State Development Loan SOV 1.57 - 3.46 2.36
equal 7.87% HDFC 18/07/2022 Non Convertible Debenture AAA 1.53 - 3.39 2.31
equal 8.65% Uttar Pradesh State 2024 State Development Loan SOV 1.29 - 2.81 1.94
equal 8.66% West Bengal State 20/03/2023 State Development Loan SOV 1.11 - 2.44 1.66
equal 8.73% Uttar Pradesh State 31/12/2022 State Development Loan SOV 0.63 - 1.38 0.94

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-Dec-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:


0.04%

Change from previous, NAV as on 25-Jan-2022

Growth: ₹ 34.7916

IDCW Weekly: ₹ 10.2335

IDCW Monthly: ₹ 13.4739


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

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

Basic Details

Fund House: HSBC Mutual Fund
Launch Date: 03-Jan-2013
Return Since Launch: 6.74%
Benchmark: CRISIL Short-Term Bond Index
Riskometer: Low to Moderate
Type: Open-ended
Assets: ₹ 220 Cr (As on 31-Dec-2021)
Expense: 0.26% (As on 31-Dec-2021)
Risk Grade: High
Return Grade: Below Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Weekly18-Jan-20220.0067

 14-Dec-20210.0118
 07-Dec-20210.0037
 30-Nov-20210.0124
 23-Nov-20210.0089
 16-Nov-20210.0028
 09-Nov-20210.0167
 26-Oct-20210.0042
 21-Sep-20210.0062
 14-Sep-20210.0026
 13-Sep-20210.0026
 07-Sep-20210.0156
 31-Aug-20210.0130
 24-Aug-20210.0149
 17-Aug-20210.0271
 10-Aug-20210.0080
 03-Aug-20210.0124
 27-Jul-20210.0082
 20-Jul-20210.0294
 15-Jun-20210.0061
 08-Jun-20210.0209
 25-May-20210.0216
 18-May-20210.0125
 11-May-20210.0132
 04-May-20210.0209
IDCW Monthly25-Feb-20190.0426

 25-Jan-20190.0607
 26-Dec-20180.0986
 26-Nov-20180.0852
 25-Oct-20180.0896
 27-Feb-20170.0464
 25-Jan-20170.0571
 26-Dec-20160.0703
 25-Nov-20160.0626
 25-Oct-20160.0522
 26-Sep-20160.5652
 26-Nov-20150.0568
 26-Oct-20150.0640
 28-Sep-20150.0628
 25-Aug-20150.0541
 27-Jul-20150.0571
 25-Jun-20150.0624
 25-May-20150.0522
 27-Apr-20150.0767
 25-Mar-20150.0563
 25-Feb-20150.0570
 27-Jan-20150.0700
 26-Dec-20140.3047
 25-Jul-20140.0636
 25-Jun-20140.0616
IDCW Quarterly25-Sep-20180.0864

 25-Jun-20180.0720
 26-Mar-20180.0722
 26-Dec-20170.1445
 25-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]line.com

Website: www.camsonline.com

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