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Fund Overview

Fund Size

Fund Size

₹6,175 Cr

Expense Ratio

Expense Ratio

0.30%

ISIN

ISIN

INF917K01HN3

Minimum SIP

Minimum SIP

₹1,000

Exit Load

Exit Load

No Charges

Inception Date

Inception Date

01 Jan 2013

About this fund

HSBC Corporate Bond Fund Direct Growth is a Corporate Bond mutual fund schemes offered by HSBC Mutual Fund. This fund has been in existence for 11 years, 3 months and 13 days, having been launched on 01-Jan-13.
As of 12-Apr-24, it has a Net Asset Value (NAV) of ₹70.00, Assets Under Management (AUM) of 6175.46 Crores, and an expense ratio of 0.3%.
  • HSBC Corporate Bond Fund Direct Growth has given a CAGR return of 7.59% since inception.
  • The fund's asset allocation comprises around 0.00% in equities, 98.24% in debts, and 1.46% in cash & cash equivalents.
  • You can start investing in HSBC Corporate Bond Fund 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

+6.86%

+5.85%(Cat. Avg.)

3 Years

+5.23%

+4.54%(Cat. Avg.)

5 Years

+7.83%

+5.81%(Cat. Avg.)

10 Years

+7.99%

+6.47%(Cat. Avg.)

Since Inception

+7.59%

--%(Cat. Avg.)

Portfolio Summaryas of 31st March 2024

Debt6,066.89 Cr98.24%
Others108.57 Cr1.76%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
7.38% Govt Stock 2027Bond - Gov't/Treasury489.16 Cr8.02%
Ntpc LimitedBond - Corporate Bond355.65 Cr5.83%
National Highways Authority Of IndiaBond - Corporate Bond320.4 Cr5.25%
Indian Oil Corporation LimitedBond - Corporate Bond316.12 Cr5.18%
Power Grid Corporation Of India LimitedBond - Corporate Bond282.62 Cr4.63%
National Bank For Agriculture And Rural DevelopmentBond - Corporate Bond258.82 Cr4.24%
HDFC Bank LimitedBond - Corporate Bond255.62 Cr4.19%
ICICI Bank LimitedBond - Corporate Bond246.15 Cr4.03%
7.06% Govt Stock 2028Bond - Gov't/Treasury232.56 Cr3.81%
National Highways Authority Of IndiaBond - Corporate Bond231.42 Cr3.79%
Indian Railway Finance Corporation LimitedBond - Corporate Bond228.18 Cr3.74%
7.17% Govt Stock 2028Bond - Gov't/Treasury201.4 Cr3.30%
Housing And Urban Development Corporation LimitedBond - Corporate Bond172.84 Cr2.83%
Ntpc LimitedBond - Corporate Bond168.07 Cr2.75%
National Bank For Agriculture And Rural DevelopmentBond - Corporate Bond154.54 Cr2.53%
Power Finance Corporation Ltd.Bond - Corporate Bond153.43 Cr2.51%
HDFC Bank LimitedBond - Corporate Bond150.51 Cr2.47%
Export Import Bank Of IndiaBond - Corporate Bond140.32 Cr2.30%
Rec LimitedBond - Corporate Bond114.21 Cr1.87%
Kotak Mahindra Bank LimitedBond - Corporate Bond102.48 Cr1.68%
Rural Electrification Corporation LimitedBond - Corporate Bond100.02 Cr1.64%
Housing And Urban Development Corporation LimitedBond - Corporate Bond99.16 Cr1.63%
TrepsCash - Repurchase Agreement87.81 Cr1.44%
Power Grid Corporation Of India LimitedBond - Corporate Bond83.08 Cr1.36%
Rural Electrification Corporation LimitedBond - Corporate Bond80.66 Cr1.32%
Indian Railway Finance Corporation LimitedBond - Corporate Bond78.32 Cr1.28%
7.26% Govt Stock 2029Bond - Gov't/Treasury66.59 Cr1.09%
Indian Railway Finance Corporation LimitedBond - Corporate Bond61.83 Cr1.01%
Indian Railway Finance Corporation LimitedBond - Corporate Bond58.89 Cr0.97%
6.79% Govt Stock 2027Bond - Gov't/Treasury56 Cr0.92%
National Highways Authority Of IndiaBond - Corporate Bond53.67 Cr0.88%
Power Grid Corporation Of India LimitedBond - Corporate Bond52.3 Cr0.86%
Indian Railway Finance Corporation LimitedBond - Corporate Bond51.94 Cr0.85%
National Bank For Agriculture And Rural DevelopmentBond - Corporate Bond51.41 Cr0.84%
ICICI Bank LimitedBond - Corporate Bond50.4 Cr0.83%
06.47 MH Sdl 2028Bond - Gov't/Treasury49.73 Cr0.82%
HDFC Bank LimitedBond - Corporate Bond41.64 Cr0.68%
National Bank For Agriculture And Rural DevelopmentBond - Corporate Bond36.72 Cr0.60%
National Bank For Agriculture And Rural DevelopmentBond - Corporate Bond36.7 Cr0.60%
National Bank For Agriculture And Rural DevelopmentBond - Corporate Bond30.84 Cr0.51%
Housing And Urban Development Corporation LimitedBond - Corporate Bond26.96 Cr0.44%
Food Corporation Of IndiaBond - Corporate Bond26.47 Cr0.43%
Nuclear Power Corporation Of India LimitedBond - Corporate Bond21.73 Cr0.36%
Indian Railway Finance Corporation LimitedBond - Corporate Bond21.66 Cr0.35%
Housing And Urban Development Corporation LimitedBond - Corporate Bond21.23 Cr0.35%
Rec LimitedBond - Corporate Bond19.89 Cr0.33%
Nuclear Power Corporation Of India LimitedBond - Corporate Bond19.13 Cr0.31%
CDMDF CLASS A2Mutual Fund - Open End18.42 Cr0.30%
Export Import Bank Of IndiaBond - Corporate Bond15.75 Cr0.26%
Power Grid Corporation Of India LimitedBond - Corporate Bond15.49 Cr0.25%
Power Grid Corporation Of India LimitedBond - Corporate Bond11.09 Cr0.18%
Nhpc LimitedBond - Corporate Bond10.97 Cr0.18%
Nuclear Power Corporation Of India LimitedBond - Corporate Bond10.35 Cr0.17%
Nuclear Power Corporation Of India LimitedBond - Corporate Bond10.29 Cr0.17%
HDFC Bank LimitedBond - Corporate Bond8.49 Cr0.14%
HDFC Bank LimitedBond - Corporate Bond7.61 Cr0.12%
Power Grid Corporation Of India LimitedBond - Corporate Bond5.53 Cr0.09%
Power Grid Corporation Of India LimitedBond - Corporate Bond5.51 Cr0.09%
Export Import Bank Of IndiaBond - Corporate Bond5.51 Cr0.09%
Indian Railway Finance Corporation LimitedBond - Corporate Bond5.15 Cr0.08%
Rural Electrification Corporation LimitedBond - Corporate Bond5.13 Cr0.08%
Food Corporation Of IndiaBond - Corporate Bond5.11 Cr0.08%
Net Current Assets (Including Cash & Bank Balances)Cash1.02 Cr0.02%

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

InstrumentsAmount sortHoldings sort
Bond - Corporate Bond4,898.03 Cr80.29%
Bond - Gov't/Treasury1,095.44 Cr17.96%
Cash - Repurchase Agreement87.81 Cr1.44%
Mutual Fund - Open End18.42 Cr0.30%
Cash1.02 Cr0.02%

Risk & Performance Ratios

Standard Deviation

This fund

2.15%

Cat. avg.

1.62%

Lower the better

Sharpe Ratio

This fund

0.04

Cat. avg.

-0.27

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

-0.25

Higher the better

Fund Managers

SR

Shriram Ramanathan

Since June 2014

Jalpan Shah

Jalpan Shah

Since April 2017

Additional Scheme Detailsas of 31st March 2024

ISININF917K01HN3Expense Ratio0.30%Exit LoadNo ChargesFund Size₹6,175 CrAge01 Jan 2013Lumpsum Minimum₹5,000Fund StatusOpen Ended Investment CompanyBenchmarkNIFTY Corporate Bond 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 Corporate Bond Funds

Fund nameExpense RatioExit LoadFund size
1Y
TrustMF Corporate Bond Fund Regular Growth

Moderate Risk

0.7%0.0%₹124.30 Cr6.4%
TrustMF Corporate Bond Fund Direct Growth

Moderate Risk

0.2%0.0%₹124.30 Cr6.8%
Baroda BNP Paribas Corporate Bond Fund Regular Growth

Moderate Risk

0.6%0.0%₹146.87 Cr7.1%
Bandhan Corporate Bond Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹13744.12 Cr6.9%
Bandhan Corporate Bond Fund Regular Growth

Low to Moderate Risk

0.6%0.0%₹13744.12 Cr6.6%
HDFC Corporate Bond Fund Regular Growth

Moderate Risk

0.6%0.0%₹28431.80 Cr7.5%
Sundaram Corporate Bond Fund Regular Growth

Moderate Risk

0.5%0.0%₹779.95 Cr6.3%
Franklin India Corporate Debt Fund Regular Growth

Low to Moderate Risk

0.8%0.0%₹748.18 Cr6.4%
Nippon India Corporate Bond Fund Regular Growth

Moderate Risk

0.8%0.0%₹2818.43 Cr7.2%
Union Corporate Bond Fund Regular Growth

Moderate Risk

0.7%1.0%₹441.48 Cr6.6%

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

0.8%1.0%₹1158.56 Cr-
HSBC Balanced Advantage Fund Direct Growth

High Risk

0.8%1.0%₹1392.28 Cr23.7%
HSBC Infrastructure Fund Direct Growth

Very High Risk

1.1%1.0%₹2187.76 Cr59.3%
HSBC Aggressive Hybrid Fund Direct Growth

Very High Risk

0.8%1.0%₹5139.21 Cr33.7%
HSBC Value Fund Direct Growth

Very High Risk

0.8%1.0%₹11536.28 Cr55.0%
HSBC Credit Risk Fund Direct Growth

Moderately High risk

0.9%3.0%₹570.00 Cr7.2%
HSBC Banking & PSU Debt Direct Growth

Low to Moderate Risk

0.2%0.0%₹4594.65 Cr6.8%
HSBC Midcap Fund Direct Growth

Very High Risk

0.7%1.0%₹9724.77 Cr60.7%
HSBC ELSS Fund Direct Growth

Very High Risk

1.1%0.0%₹3679.64 Cr43.7%
HSBC Equity Savings Fund Direct Growth

Moderately High risk

0.6%0.0%₹225.18 Cr23.6%
HSBC Low Duration Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹601.24 Cr7.8%
HSBC Short Duration Fund Direct Growth

Moderate Risk

0.3%0.0%₹3554.41 Cr6.8%
HSBC Corporate Bond Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹6175.46 Cr6.9%
HSBC Dynamic Bond Fund Direct Growth

Moderate Risk

0.2%0.0%₹168.32 Cr6.9%
HSBC Money Market Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹1202.51 Cr7.5%
HSBC Gilt Fund Direct Growth

Moderate Risk

0.5%0.0%₹209.02 Cr6.8%
HSBC Medium Duration Direct Growth

Moderate Risk

0.4%0.0%₹817.26 Cr7.7%
HSBC Focused Fund Direct Growth

Very High Risk

0.9%1.0%₹1569.67 Cr42.1%
HSBC Business Cycles Fund Direct Growth

Very High Risk

1.3%1.0%₹770.16 Cr48.7%
HSBC Overnight Fund Direct Growth

Low Risk

0.1%0.0%₹3313.24 Cr6.8%
HSBC Conservative Hybrid Fund Direct Growth

Moderately High risk

1.4%0.0%₹111.55 Cr15.1%
HSBC Large Cap Fund Direct Growth

Very High Risk

1.2%1.0%₹1706.01 Cr36.2%
HSBC Global Emerging Markets Fund Direct Growth

Very High Risk

1.6%1.0%₹28.80 Cr9.7%
HSBC Brazil Fund Direct Growth

Very High Risk

1.9%1.0%₹41.79 Cr11.4%
HSBC Medium to Long Duration Fund Direct Growth

Moderate Risk

0.7%0.0%₹49.09 Cr6.5%
HSBC Liquid Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹20533.91 Cr7.4%
HSBC Flexi Cap Fund Direct Growth

Very High Risk

1.2%1.0%₹4115.56 Cr44.4%
HSBC Tax Saver Equity Fund Direct Growth

Very High Risk

1.6%0.0%₹219.12 Cr43.2%
HSBC Ultra Short Duration Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹2178.06 Cr7.5%
HSBC CRISIL IBX 50:50 Gilt Plus SDL Apr 2028 Index Fund Direct Growth

Moderate Risk

0.2%0.0%₹1888.54 Cr6.8%
HSBC Small Cap Fund Direct Growth

Very High Risk

0.7%1.0%₹13746.58 Cr51.7%
HSBC Global Equity Climate Change Fund of Fund Direct Growth

Very High Risk

1.4%1.0%₹135.13 Cr7.1%
HSBC Managed Solutions India Conservative Direct Growth

Moderately High risk

0.5%1.0%₹29.08 Cr9.4%
HSBC Managed Solutions India Moderate Direct Growth

High Risk

0.9%1.0%₹57.81 Cr27.5%
HSBC Managed Solutions India Growth Direct Growth

Very High Risk

1.0%1.0%₹40.33 Cr32.8%
HSBC CRISIL IBX Gilt June 2027 Index Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹228.21 Cr6.7%
HSBC Arbitrage Fund Direct Growth

Low Risk

0.3%0.0%₹2011.66 Cr8.3%
HSBC Nifty Next 50 Index Fund Direct Growth

Very High Risk

0.3%1.0%₹92.85 Cr63.8%
HSBC Nifty 50 Index Fund Direct Growth

Very High Risk

0.2%1.0%₹235.44 Cr27.7%
HSBC Large & Mid Cap Fund Direct Growth

Very High Risk

1.0%1.0%₹2692.75 Cr48.5%
HSBC Multi Cap Fund Direct Growth

Very High Risk

0.6%1.0%₹2596.61 Cr62.9%
HSBC Asia Pacific (Ex Japan) Dividend Yield Fund Direct Growth

Very High Risk

1.6%1.0%₹6.59 Cr7.2%

Risk Level

Your principal amount will be at Low to Moderate Risk

Low to Moderate Risk
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The NAV of HSBC Corporate Bond Fund Direct Growth, as of 12-Apr-2024, is ₹70.00.
The fund has generated 6.86% over the last 1 year and 5.23% 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, 98.24% in bonds, and 1.46% in cash and cash equivalents.
The fund managers responsible for HSBC Corporate Bond Fund Direct Growth are:-
  1. Shriram Ramanathan
  2. Jalpan Shah