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Unrated

HSBC Corporate Bond Fund - Regular Plan


Debt: Corporate Bond

1 Lakh

Investment Grown to
₹ 1.03 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.23 Lakh

Suitability:

"Corporate Bond funds invest mainly in high-grade corporate bonds (those with a credit rating of AA+ and above). 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."

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 3.05 0.03 0.12 0.39 0.61 2.04 3.41 -- -- -- --
VR Bond 2.80 0.06 0.24 0.98 1.60 2.27 3.27 -- -- -- --
Debt: Corporate Bond 3.34 0.03 0.09 0.43 0.73 2.08 3.64 -- -- -- --
Rank within category 15 9 5 14 13 9 14 -- -- -- --
Number of funds in category 20 21 21 21 21 21 20 17 13 12 9

As on 30-Nov-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
HSBC Corporate Bond Fund - Regular Plan  | Invest Online
Unrated
Sep-20 3.41 -- -- 0.77% 244
HDFC Corporate Bond Fund  | Invest Online
4 star
Jun-10 4.33 8.92 7.62 0.61% 28,807
Aditya Birla Sun Life Corporate Bond Fund  | Invest Online
5 star
Mar-97 4.29 8.74 7.67 0.46% 20,980
ICICI Prudential Corporate Bond Fund  | Invest Now
5 star
Jun-09 4.51 8.39 7.31 0.58% 20,838
Kotak Corporate Bond Fund - Standard Plan  | Invest Online
4 star
Sep-07 3.92 7.88 7.41 0.69% 10,858

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 0.68 18-Mar-2021 - 25-Mar-2021 -0.72 29-Jan-2021 - 05-Feb-2021
Month 1.17 17-Mar-2021 - 16-Apr-2021 -1.45 08-Jan-2021 - 09-Feb-2021
Quarter 2.80 15-Mar-2021 - 14-Jun-2021 -1.18 17-Dec-2020 - 18-Mar-2021
Year 4.64 30-Sep-2020 - 30-Sep-2021 3.35 26-Nov-2020 - 26-Nov-2021

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund -- -- -- -- -- --
VR Bond* 6.46 2.13 1.22 1.72 -- --
Debt: Corporate Bond* 7.95 2.52 1.84 3.33 0.63 2.44
Rank within category -- -- -- -- -- --
Number of funds in category -- -- -- -- -- --

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

As on

* As on 31-Oct-2021

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 10 24 10 89
Modified Duration (yrs) 2.09 3.21 2.09 --
Average Maturity (yrs) 2.41 3.87 2.41 --
Yield to Maturity (%) 5.11 5.73 4.91 --
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 8.10% REC 25/06/2024 Non Convertible Debenture AAA 3.42 - 10.91 10.91
equal 7.40% Reliance Industries 25/04/2025 Non Convertible Debenture AAA 6.78 - 10.80 10.80
equal 6.39% Indian Oil Corporation 2025 Debenture AAA 3.28 - 10.58 10.58
equal 6.19% Indian Railway Finance Corporation 28/04/2023 Debenture AAA 3.28 - 10.47 10.47
equal 6.19% LIC Housing Fin. 25/11/2024 Debenture AAA 4.53 - 10.36 10.36
equal 4.90% SIDBI 18/08/2023 Bonds/NCDs AAA 0.00 - 10.27 10.27
equal 7.30% HDB Financial Services 29/06/2023 Debenture AAA 4.00 - 9.48 8.48
new 5.14% National Bank Agr. Rur. Devp 21-D 31/01/2024 Debenture AAA 0.00 - 8.20 8.20
equal 5.15% GOI 2025 GOI Securities SOV 0.00 - 6.53 6.08
equal 8.21% Haryana State 31/03/2026 State Development Loan SOV 0.70 - 2.21 2.20

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-Oct-2021

Fund Manager

— Ritesh Jain since 14-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:


0.03%

Change from previous, NAV as on 30-Nov-2021

Growth: ₹ 10.5155

IDCW Quarterly: ₹ 10.2522

More

IDCW Monthly: ₹ 10.0307

IDCW Half Yearly: ₹ 10.2443


Investment Strategy

The scheme seeks to generate reasonable income and provide risk-adjusted returns by investing primarily in AA+ and above rated corporate debt securities.

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: 29-Sep-2020
Return Since Launch: 4.39%
Benchmark: NIFTY Corporate Bond Index
Riskometer: Moderate
Type: Open-ended
Assets: ₹ 244 Cr (As on 31-Oct-2021)
Expense: 0.77% (As on 31-Oct-2021)
Risk Grade: --
Return Grade: --

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Monthly25-Nov-20210.0224

 25-Oct-20210.0108
 27-Sep-20210.0322
 25-Aug-20210.0690
 26-Jul-20210.0555
 25-Jun-20210.0005
 25-May-20210.0776
 26-Apr-20210.0974
 25-Mar-20210.0001
 28-Dec-20200.0380
 25-Nov-20200.0409
 26-Oct-20200.0308
IDCW Half Yearly27-Sep-20210.2700
IDCW Quarterly27-Sep-20210.1300

 25-Jun-20210.1300

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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