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Unrated

HSBC Low Duration Fund - Regular Plan


1 Lakh

Investment Grown to
₹ 1.03 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.22 Lakh

Suitability:

"Low Duration debt funds invest in bonds maturing in six months to a year. They aim to earn slightly better returns than what you can get from a bank account or a short duration fixed deposit. The risk of incurring a loss in these funds is negligible but they do not guarantee returns or safety of capital. Retail investors can avoid these funds altogether. Here's why. Debt funds are very finely classified depending upon the maturity of the bonds they invest in. For instance, there's a different category of funds that invests in bonds of up to three months maturity, from the one that invests in bonds maturing in three to six months, and so on. We believe that such a nuanced classification adds little value to retail investors. They can avoid this complexity and simply invest the money they don't need for up to a year in a Liquid fund."

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 2.68 0.02 0.07 0.31 0.49 1.45 2.84 1.04 2.97 4.31 5.50
CCIL T Bill Liquidity Weight 1.87 -0.01 0.04 0.16 0.43 1.05 2.00 3.20 3.53 3.98 4.47
Debt: Low Duration 3.85 0.03 0.07 0.32 1.19 2.30 4.18 4.48 5.30 6.13 7.13

As on 06-Dec-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
HSBC Low Duration Fund - Regular Plan  | Invest Online
Unrated
Oct-06 2.84 1.04 2.97 1.02% 252
ICICI Prudential Savings Fund  | Invest Now
5 star
Sep-02 4.28 7.21 7.07 0.52% 29,810
HDFC Low Duration Fund  | Invest Online
4 star
Nov-99 3.95 6.72 6.47 1.04% 21,653
Aditya Birla Sun Life Low Duration Fund  | Invest Online
4 star
May-98 3.54 6.59 6.56 1.23% 17,431
Kotak Low Duration Fund - Standard Plan  | Invest Online
4 star
Mar-08 3.55 6.68 6.81 1.11% 10,083

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 7.91 30-Jun-2020 - 07-Jul-2020 -9.57 04-May-2020 - 11-May-2020
Month 9.01 08-Jun-2020 - 08-Jul-2020 -9.05 08-Apr-2020 - 08-May-2020
Quarter 10.46 11-May-2020 - 10-Aug-2020 -9.00 10-Feb-2020 - 11-May-2020
Year 13.50 11-May-2020 - 11-May-2021 -13.25 10-May-2019 - 11-May-2020

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 1.48 8.89 -0.26 -0.14 -0.84 -2.83
CCIL T Bill Liquidity Weight 3.18 0.40 -1.54 -4.30 -- --
Debt: Low Duration 4.65 4.37 1.30 2.85 -0.77 0.39

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 15 17 12 64
Modified Duration (yrs) 0.55 0.90 0.55 --
Average Maturity (yrs) 0.59 0.98 0.59 --
Yield to Maturity (%) 4.16 4.27 3.68 --
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
equal 8.20% GOI 15/02/2022 Central Government Loan SOV 0.00 - 10.16 10.02
equal HDFC Bank 21/03/2022 Certificate of Deposit A1+ 0.00 - 9.82 9.82
new Axis Bank 16/06/2022 Certificate of Deposit A1+ 0.00 - 9.71 9.71
equal 8.50% National Bank Agr. Rur. Devp Debenture AAA 0.00 - 8.29 8.29
equal 8.88% Export-Import Bank 18/10/2022 Bonds AAA 0.00 - 8.37 8.24
new 6.95% Reliance Industries 15/03/2023 Non Convertible Debenture AAA 0.00 - 8.16 8.16
equal 7.45% REC 30/11/2022 Non Convertible Debenture AAA 0.00 - 6.20 6.12
equal 7.87% HDFC 18/07/2022 Non Convertible Debenture AAA 5.47 - 9.08 6.07
equal 8.10% L&T Infrastructre Finance 17/02/2022 Non Convertible Debenture AAA 0.00 - 7.09 6.00
equal LIC Housing Fin. 25/02/2022 Debenture AAA 0.00 - 4.79 4.18
equal 7.57% HDB Financial Services 16/02/2023 Non Convertible Debenture AAA 0.00 - 4.14 4.08
equal 4.66% Bajaj Finance 2022 Debenture AAA 3.81 - 8.65 3.96
equal 8.80% Power Grid Corporation 13/03/2023 Bonds AAA 0.00 - 2.47 2.09
equal 7.68% L&T Finance 2023 Debenture AAA 0.00 - 2.06 2.04
equal 5.11% HDB Financial Services 26/07/2022 Zero Coupon Bonds AAA 1.92 - 4.37 1.99

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

— Kapil Punjabi since 18-Oct-2014

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:


0.00%

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

Growth: ₹ 23.7410

IDCW Weekly: ₹ 9.9648

IDCW Daily: ₹ 9.9477


Investment Strategy

The scheme seeks to provide liquidity and reasonable returns by investing primarily in a mix of debt and money market instruments such that the Macaulay duration of the portfolio is between 6 months to 12 months.

Investment Details

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

Basic Details

Fund House: HSBC Mutual Fund
Launch Date: 17-Oct-2006
Return Since Launch: 5.87%
Benchmark: CRISIL Low Duration Debt
Riskometer: Low to Moderate
Type: Open-ended
Assets: ₹ 252 Cr (As on 30-Nov-2021)
Expense: 1.02% (As on 30-Sep-2021)
Risk Grade: --
Return Grade: --

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Daily03-Jun-20190.0085

 31-May-20190.0036
 30-May-20190.0005
 29-May-20190.0021
 28-May-20190.0017
 27-May-20190.0064
 24-May-20190.0027
 23-May-20190.0054
 22-May-20190.0005
 21-May-20190.0018
 20-May-20190.0063
 17-May-20190.0036
 14-May-20190.0007
 13-May-20190.0005
 10-May-20190.0018
 09-May-20190.0017
 08-May-20190.0025
 07-May-20190.0034
 06-May-20190.0029
 02-May-20190.0018
 30-Apr-20190.0019
 22-Apr-20190.0034
 18-Apr-20190.0012
 16-Apr-20190.0016
 15-Apr-20190.0014
IDCW Weekly28-May-20190.0168

 21-May-20190.0116
 14-May-20190.0071
 07-May-20190.0081
 30-Apr-20190.0029
 23-Apr-20190.0035
 16-Apr-20190.0048
 09-Apr-20190.0001
 02-Apr-20190.0291
 26-Mar-20190.0041
 19-Mar-20190.0186
 12-Mar-20190.0174
 05-Mar-20190.0097
 26-Feb-20190.0062
 20-Feb-20190.0116
 12-Feb-20190.0108
 29-Jan-20190.0085
 22-Jan-20190.0092
 15-Jan-20190.0141
 08-Jan-20190.0148
 01-Jan-20190.0108
 26-Dec-20180.0145
 18-Dec-20180.0142
 11-Dec-20180.0082
 04-Dec-20180.0134

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

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