HSBC Corporate Bond Direct Growth

Debt
Corporate Bond
Moderate Risk
5.28%
3Y annualised
+0.04% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 24 May 2024₹70.69
Min. SIP amount₹1,000
Rating1
Fund size₹5,985.83Cr

Return calculator

Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of 0
Would have become (%)

Returns and rankings

Category: Debt Corporate Bond
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns6.3%5.3%7.6%7.6%
Category average6.5%5.0%6.3%NA
Rank with in category21121NA
Understand terms

Holdings (57)

NameSectorInstrumentAssets
SovereignGOI Sec8.02%
EnergyNCD5.83%
National Highways Authority of India Ltd.
ServicesDebenture5.25%
EnergyDebenture5.18%
EnergyDebenture4.63%
National Bank For Agriculture & Rural Development
FinancialDebenture4.24%
FinancialDebenture4.19%
ICICI Bank Ltd.
FinancialDebenture4.03%
SovereignGOI Sec3.81%
ServicesNCD3.79%
See All

Pros and cons

Category: Debt Corporate Bond

Pros

Cons

3Y, 5Y and 10Y annualised returns higher than category average
1Y annualised returns lower than category average by 0.21%
Lower expense ratio: 0.3%
Low rating: 1

Expense ratio, exit load and tax

Expense ratio: 0.30%

Inclusive of GST

Exit load

Exit load of 0.50% if redeeemed within 3 months

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Returns are taxed as per your Income Tax slab.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investment₹5,000
Min. for 2nd investment onwards₹1,000
Min. for SIP₹1,000

Fund management

Shriram Ramanathan
Jun 2014 - Present
View details

Education
Shriram is a B.E. (Electrical), PGDBM from XLRI Jamshedpur and CFA.
Experience
Prior to joining HSBC Mutual Fund, he has worked with L&T MF, FIL Fund Management Pvt. Ltd., ING Investment Management, Zurich Asset Management Co., ICICI Ltd., and L&T Ltd.
Also manages these schemes

Fund house & investment objective

Fund house contact details

Address
9-11th Floor,NESCO - IT Park Bldg. 3,Western Express Highway, Goregaon East, Mumbai 400063
Phone
NA
Launch Date
27 May 2002
HSBC Mutual Fund
Asset Management Company
Custodian
Citibank NA
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,

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