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Fund Overview

Fund Size

Fund Size

₹4,650 Cr

Expense Ratio

Expense Ratio

0.23%

ISIN

ISIN

INF917K01HH5

Minimum SIP

Minimum SIP

₹1,000

Exit Load

Exit Load

No Charges

Inception Date

Inception Date

01 Jan 2013

About this fund

HSBC Banking & PSU Debt Direct Growth is a Banking & PSU mutual fund schemes offered by HSBC Mutual Fund. This fund has been in existence for 11 years, 3 months and 22 days, having been launched on 01-Jan-13.
As of 22-Apr-24, it has a Net Asset Value (NAV) of ₹23.16, Assets Under Management (AUM) of 4649.66 Crores, and an expense ratio of 0.23%.
  • HSBC Banking & PSU Debt Direct Growth has given a CAGR return of 7.48% since inception.
  • The fund's asset allocation comprises around 0.00% in equities, 98.88% in debts, and 0.87% in cash & cash equivalents.
  • You can start investing in HSBC Banking & PSU Debt Direct Growth with a SIP of ₹1000 or a Lumpsum investment of ₹5000.

Performance against Category Average

In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.

1 Year

+6.72%

+5.89%(Cat. Avg.)

3 Years

+4.69%

+4.70%(Cat. Avg.)

5 Years

+6.70%

+6.01%(Cat. Avg.)

10 Years

+7.34%

+6.22%(Cat. Avg.)

Since Inception

+7.48%

--%(Cat. Avg.)

Portfolio Summaryas of 31st March 2024

Debt4,597.43 Cr98.88%
Others52.23 Cr1.12%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
7.38% Govt Stock 2027Bond - Gov't/Treasury396.63 Cr8.50%
Ntpc LimitedBond - Corporate Bond321.45 Cr6.89%
5.63% Govt Stock 2026Bond - Gov't/Treasury287.27 Cr6.15%
Power Finance Corporation LimitedBond - Corporate Bond255.53 Cr5.47%
Small Industries Development Bank Of IndiaBond - Corporate Bond233.16 Cr4.99%
5.74% Govt Stock 2026Bond - Gov't/Treasury213.51 Cr4.57%
Rec LimitedBond - Corporate Bond197.59 Cr4.23%
National Bank For Agriculture And Rural DevelopmentBond - Corporate Bond176.63 Cr3.78%
Small Industries Development Bank Of IndiaBond - Corporate Bond153.62 Cr3.29%
National Housing BankBond - Corporate Bond137.91 Cr2.95%
Export Import Bank Of IndiaBond - Corporate Bond132.36 Cr2.84%
Indian Railway Finance Corporation LimitedBond - Corporate Bond129.35 Cr2.77%
6.99% Govt Stock 2026Bond - Gov't/Treasury129.12 Cr2.77%
Indian Oil Corporation LimitedBond - Corporate Bond114.65 Cr2.46%
Rec LimitedBond - Corporate Bond113.95 Cr2.44%
Indian Railway Finance Corporation LimitedBond - Corporate Bond103.74 Cr2.22%
National Bank For Agriculture And Rural DevelopmentBond - Corporate Bond102.23 Cr2.19%
Axis Bank LimitedBond - Corporate Bond101.34 Cr2.17%
National Housing BankBond - Corporate Bond100.88 Cr2.16%
National Bank For Agriculture And Rural DevelopmentBond - Corporate Bond100.23 Cr2.15%
HDFC Bank LimitedBond - Corporate Bond94.11 Cr2.02%
National Housing BankBond - Corporate Bond79.28 Cr1.70%
Indian Oil Corporation LimitedBond - Corporate Bond74.9 Cr1.60%
Indian Oil Corporation LimitedBond - Corporate Bond73.19 Cr1.57%
TrepsCash - Repurchase Agreement65.65 Cr1.41%
Indian Railway Finance Corporation LimitedBond - Corporate Bond64.6 Cr1.38%
Indian Railway Finance Corporation LimitedBond - Corporate Bond59.87 Cr1.28%
Housing And Urban Development Corporation Ltd.Bond - Corporate Bond53.53 Cr1.15%
Export Import Bank Of IndiaBond - Corporate Bond52.04 Cr1.11%
HDFC Bank LimitedBond - Corporate Bond51.36 Cr1.10%
Small Industries Development Bank Of IndiaBond - Corporate Bond51.34 Cr1.10%
National Bank For Agriculture And Rural DevelopmentBond - Corporate Bond50.8 Cr1.09%
Ntpc LimitedBond - Corporate Bond49.84 Cr1.07%
Power Finance Corporation Ltd.Bond - Corporate Bond45.94 Cr0.98%
Power Grid Corporation Of India LimitedBond - Corporate Bond41.27 Cr0.88%
Export Import Bank Of IndiaBond - Corporate Bond40.49 Cr0.87%
Ntpc LimitedBond - Corporate Bond38.04 Cr0.81%
Export Import Bank Of IndiaBond - Corporate Bond36.51 Cr0.78%
Export Import Bank Of IndiaBond - Corporate Bond30.74 Cr0.66%
Power Finance Corporation Ltd.Bond - Corporate Bond26.51 Cr0.57%
Power Grid Corporation Of India LimitedBond - Corporate Bond26.36 Cr0.56%
Rural Electrification Corporation LimitedBond - Corporate Bond25.21 Cr0.54%
CDMDF CLASS A2Mutual Fund - Open End11.67 Cr0.25%
Power Grid Corporation Of India LimitedBond - Corporate Bond10.79 Cr0.23%
Power Grid Corporation Of India LimitedBond - Corporate Bond10.63 Cr0.23%
Kotak Mahindra Bank LimitedBond - Corporate Bond5.07 Cr0.11%
Net Current Assets (Including Cash & Bank Balances)Cash - Collateral-2.13 Cr0.05%

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

InstrumentsAmount sortHoldings sort
Bond - Corporate Bond3,567.02 Cr76.40%
Bond - Gov't/Treasury1,026.54 Cr21.99%
Cash - Repurchase Agreement65.65 Cr1.41%
Mutual Fund - Open End11.67 Cr0.25%
Cash - Collateral-2.13 Cr0.05%

Risk & Performance Ratios

Standard Deviation

This fund

1.82%

Cat. avg.

1.48%

Lower the better

Sharpe Ratio

This fund

-0.38

Cat. avg.

-0.35

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

-0.22

Higher the better

Fund Managers

MC

Mahesh Chhabria

Since November 2022

Jalpan Shah

Jalpan Shah

Since May 2016

Additional Scheme Detailsas of 31st March 2024

ISININF917K01HH5Expense Ratio0.23%Exit LoadNo ChargesFund Size₹4,650 CrAge01 Jan 2013Lumpsum Minimum₹5,000Fund StatusOpen Ended Investment CompanyBenchmarkNIFTY Banking and PSU Debt A-II TR INR

Investment ObjectiveInvestment Objective

To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.

Tax Treatment

Withdrawal (irrespective of holding period)

Realised Gain (capital gains) are taxed at your marginal income tax rate

Note: Mutual funds are subject to capital gains taxation with surcharge and cess, based on prevailing income tax rules and investor income. Taxation applies to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.

Similar Banking & PSU Funds

Fund nameExpense RatioExit LoadFund size
1Y
Bandhan Banking & PSU Debt Fund Direct Growth

Moderate Risk

0.3%0.0%₹14384.47 Cr6.7%
Bandhan Banking & PSU Debt Fund Regular Growth

Moderate Risk

0.6%0.0%₹14384.47 Cr6.4%
Franklin India Banking & PSU Debt Fund Regular Growth

Low to Moderate Risk

0.6%0.0%₹633.12 Cr6.7%
Franklin India Banking & PSU Debt Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹633.12 Cr7.1%
PGIM India Banking and PSU Debt fund Direct Growth

Moderate Risk

0.2%0.0%₹45.38 Cr6.8%
PGIM India Banking and PSU Debt fund Regular Growth

Moderate Risk

0.4%0.0%₹45.38 Cr6.6%
Canara Robeco Banking and PSU Debt Fund Regular Growth

Moderate Risk

0.7%0.0%₹402.51 Cr6.3%
Canara Robeco Banking and PSU Debt Fund Direct Growth

Moderate Risk

0.4%0.0%₹402.51 Cr6.6%
Tata Banking & PSU Debt Fund Direct Growth

Moderate Risk

0.3%0.0%₹214.71 Cr6.8%
Tata Banking & PSU Debt Fund Regular Growth

Moderate Risk

0.7%0.0%₹214.71 Cr6.3%

About the AMC

Total AUM

₹1,03,824 Cr

Address

16, V N Road, Mumbai, 400 001

Other Funds by HSBC Mutual Fund

Fund nameExpense RatioExit LoadFund size
1Y
HSBC Consumption Fund Direct Growth

Very High Risk

0.7%1.0%₹1172.77 Cr-
HSBC Balanced Advantage Fund Direct Growth

High Risk

0.8%1.0%₹1397.34 Cr23.8%
HSBC Infrastructure Fund Direct Growth

Very High Risk

1.0%1.0%₹2213.09 Cr60.7%
HSBC Aggressive Hybrid Fund Direct Growth

Very High Risk

0.8%1.0%₹5147.02 Cr34.7%
HSBC Value Fund Direct Growth

Very High Risk

0.8%1.0%₹11430.68 Cr55.2%
HSBC Credit Risk Fund Direct Growth

Moderately High risk

0.9%3.0%₹569.22 Cr7.1%
HSBC Banking & PSU Debt Direct Growth

Low to Moderate Risk

0.2%0.0%₹4649.66 Cr6.7%
HSBC Midcap Fund Direct Growth

Very High Risk

0.7%1.0%₹9740.79 Cr59.2%
HSBC ELSS Fund Direct Growth

Very High Risk

1.1%0.0%₹3673.94 Cr44.6%
HSBC Equity Savings Fund Direct Growth

Moderately High risk

0.6%0.0%₹230.16 Cr24.7%
HSBC Low Duration Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹439.17 Cr7.7%
HSBC Short Duration Fund Direct Growth

Moderate Risk

0.3%0.0%₹3600.48 Cr6.7%
HSBC Corporate Bond Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹6100.72 Cr6.5%
HSBC Dynamic Bond Fund Direct Growth

Moderate Risk

0.2%0.0%₹165.35 Cr6.7%
HSBC Money Market Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹1100.26 Cr7.5%
HSBC Gilt Fund Direct Growth

Moderate Risk

0.5%0.0%₹202.73 Cr6.5%
HSBC Medium Duration Direct Growth

Moderate Risk

0.4%0.0%₹820.68 Cr7.5%
HSBC Focused Fund Direct Growth

Very High Risk

0.9%1.0%₹1569.67 Cr42.0%
HSBC Business Cycles Fund Direct Growth

Very High Risk

1.3%1.0%₹764.45 Cr48.8%
HSBC Overnight Fund Direct Growth

Low Risk

0.1%0.0%₹1863.15 Cr6.8%
HSBC Conservative Hybrid Fund Direct Growth

Moderately High risk

1.4%0.0%₹106.85 Cr15.5%
HSBC Large Cap Fund Direct Growth

Very High Risk

1.2%1.0%₹1742.83 Cr37.3%
HSBC Global Emerging Markets Fund Direct Growth

Very High Risk

0.6%1.0%₹27.89 Cr5.2%
HSBC Brazil Fund Direct Growth

Very High Risk

1.9%1.0%₹41.09 Cr13.3%
HSBC Medium to Long Duration Fund Direct Growth

Moderate Risk

0.6%0.0%₹46.36 Cr6.2%
HSBC Liquid Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹22940.87 Cr7.4%
HSBC Flexi Cap Fund Direct Growth

Very High Risk

1.2%1.0%₹4199.70 Cr44.3%
HSBC Tax Saver Equity Fund Direct Growth

Very High Risk

1.6%0.0%₹223.05 Cr42.8%
HSBC Ultra Short Duration Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹2100.02 Cr7.5%
HSBC CRISIL IBX 50:50 Gilt Plus SDL Apr 2028 Index Fund Direct Growth

Moderate Risk

0.2%0.0%₹1891.38 Cr6.7%
HSBC Small Cap Fund Direct Growth

Very High Risk

0.7%1.0%₹13401.24 Cr50.9%
HSBC Global Equity Climate Change Fund of Fund Direct Growth

Very High Risk

1.4%1.0%₹135.13 Cr3.9%
HSBC Managed Solutions India Conservative Direct Growth

Moderately High risk

0.5%1.0%₹27.31 Cr9.1%
HSBC Managed Solutions India Moderate Direct Growth

High Risk

0.9%1.0%₹57.25 Cr26.8%
HSBC Managed Solutions India Growth Direct Growth

Very High Risk

1.0%1.0%₹40.77 Cr32.0%
HSBC CRISIL IBX Gilt June 2027 Index Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹229.94 Cr6.4%
HSBC Arbitrage Fund Direct Growth

Low Risk

0.3%0.0%₹2003.18 Cr8.3%
HSBC Nifty Next 50 Index Fund Direct Growth

Very High Risk

0.3%1.0%₹100.29 Cr63.3%
HSBC Nifty 50 Index Fund Direct Growth

Very High Risk

0.2%1.0%₹244.97 Cr28.0%
HSBC Large & Mid Cap Fund Direct Growth

Very High Risk

1.0%1.0%₹2760.50 Cr49.4%
HSBC Multi Cap Fund Direct Growth

Very High Risk

0.6%1.0%₹2669.86 Cr62.6%
HSBC Asia Pacific (Ex Japan) Dividend Yield Fund Direct Growth

Very High Risk

1.6%1.0%₹6.63 Cr3.6%

Risk Level

Your principal amount will be at Low to Moderate Risk

Low to Moderate Risk
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The NAV of HSBC Banking & PSU Debt Direct Growth, as of 22-Apr-2024, is ₹23.16.
The fund has generated 6.72% over the last 1 year and 4.69% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
The fund's allocation of assets is distributed as 0.00% in equities, 98.88% in bonds, and 0.87% in cash and cash equivalents.
The fund managers responsible for HSBC Banking & PSU Debt Direct Growth are:-
  1. Mahesh Chhabria
  2. Jalpan Shah