HSBC Dynamic Bond Fund Direct Growth

Fund Overview

Fund Size

₹125 Cr

Expense Ratio

0.23%

ISIN

INF917K01HA0

Minimum SIP

₹1,000

Exit Load

No Charges

Inception Date

01 Jan 2013

About this fund

HSBC Dynamic Bond Fund Direct Growth is a Dynamic Bond mutual fund schemes offered by HSBC Mutual Fund. This fund has been in existence for 13 years, 6 months and 6 days, having been launched on 01-Jan-13.
As of 06-Jul-26, it has a Net Asset Value (NAV) of ₹33.58, Assets Under Management (AUM) of 124.70 Crores, and an expense ratio of 0.23%.

HSBC Dynamic Bond Fund Direct Growth has given a CAGR return of 7.87% since inception.
The fund's asset allocation comprises around 0.00% in equities, 78.08% in debts, and 21.42% in cash & cash equivalents.
You can start investing in HSBC Dynamic 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

+4.29%

+4.10% (Cat Avg.)

3 Years

+7.31%

+6.82% (Cat Avg.)

5 Years

+6.24%

+6.10% (Cat Avg.)

10 Years

+7.21%

+6.33% (Cat Avg.)

Since Inception

+7.87%

— (Cat Avg.)

Portfolio Summaryas of 31st May 2026

Debt	₹97.36 Cr	78.08%
Others	₹27.34 Cr	21.92%

Top Holdings

All Holdings

Equity

Debt & Others

Name	Type	Amount	Holdings
Treps	Cash - Repurchase Agreement	₹18.37 Cr	14.73%
6.94% Govt Stock 2036	Bond - Gov't/Treasury	₹10.01 Cr	8.03%
Small Industries Development Bank Of India	Bond - Corporate Bond	₹10.01 Cr	8.02%
6.9% Govt Stock 2065	Bond - Gov't/Treasury	₹8.64 Cr	6.93%
National Highways Authority Of India	Bond - Corporate Bond	₹7.84 Cr	6.28%
Power Finance Corporation Limited	Bond - Corporate Bond	₹7.56 Cr	6.06%
Rec Limited	Bond - Corporate Bond	₹7.51 Cr	6.03%
Jamnagar Utilities & Power Private Limited	Bond - Corporate Bond	₹7.43 Cr	5.96%
Canara Bank	Cash - CD/Time Deposit	₹6.61 Cr	5.30%
Union Bank Of India	Cash - CD/Time Deposit	₹6.6 Cr	5.29%
6.48% Govt Stock 2035	Bond - Gov't/Treasury	₹5.24 Cr	4.20%
National Bank For Agriculture And Rural Development	Bond - Corporate Bond	₹5.09 Cr	4.08%
Bharti Telecom Limited	Bond - Corporate Bond	₹5.06 Cr	4.06%
7.24% Govt Stock 2055	Bond - Gov't/Treasury	₹5.02 Cr	4.03%
6.36% Govt Stock 2031	Bond - Gov't/Treasury	₹5 Cr	4.01%
Maharashtra (Government of) 6.77%	Bond - Sub-sovereign Government Debt	₹5 Cr	4.01%
Net Current Assets (Including Cash & Bank Balances)	Cash	₹-4.87 Cr	3.91%
6.68% Govt Stock 2040	Bond - Gov't/Treasury	₹4.85 Cr	3.89%
National Bank For Agriculture And Rural Development	Bond - Corporate Bond	₹3.09 Cr	2.48%
Corp Debt Mkt Devlop Fund (Sbi Aif Fund)	Mutual Fund - Unspecified	₹0.63 Cr	0.50%

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

Instruments	Amount	Holdings
Bond - Corporate Bond	₹53.6 Cr	42.98%
Bond - Gov't/Treasury	₹38.77 Cr	31.09%
Cash - Repurchase Agreement	₹18.37 Cr	14.73%
Cash - CD/Time Deposit	₹13.21 Cr	10.60%
Bond - Sub-sovereign Government Debt	₹5 Cr	4.01%
Cash	₹-4.87 Cr	3.91%
Mutual Fund - Unspecified	₹0.63 Cr	0.50%

Risk & Performance Ratios

Fund Managers

Shriram Ramanathan

Since February 2015

Mahesh Chhabria

Since May 2024

Additional Scheme Detailsas of 31st May 2026

ISIN

INF917K01HA0

Expense Ratio

0.23%

Exit Load

No Charges

Fund Size

₹125 Cr

Age

13 years 6 months

Lumpsum Minimum

₹5,000

Fund Status

Open Ended Investment Company

Benchmark

Nifty Composite Debt Index TR INR

Investment 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

Capital Gains Taxation:

Dividend Taxation:

Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.

Similar Dynamic Bond Funds

Fund name	Expense Ratio	Exit Load	Fund size	1Y
ICICI Prudential All Seasons Bond Fund Direct Growth Moderately High risk	0.5%	0.0%	₹13745.91 Cr	6.3%
Union Dynamic Bond Fund Regular Growth Moderate Risk	1.3%	1.0%	₹92.20 Cr	1.9%
HSBC Dynamic Bond Fund Direct Growth Moderate Risk	0.2%	0.0%	₹124.70 Cr	4.3%
SBI Dynamic Bond Direct Growth Moderate Risk	0.6%	0.0%	₹3770.70 Cr	5.5%
PGIM India Dynamic Bond Direct Growth Moderate Risk	0.5%	0.0%	₹82.67 Cr	4.3%
Bandhan Dynamic Bond Fund Direct Growth Moderate Risk	0.6%	0.0%	₹2025.53 Cr	7.6%
Nippon India Dynamic Bond Fund Direct Growth Moderate Risk	0.3%	0.0%	₹3908.74 Cr	5.1%
JM Dynamic Bond Fund Direct Growth Moderate Risk	0.4%	0.0%	₹52.99 Cr	3.9%
Kotak Dynamic Bond Fund Direct Growth Moderately High risk	0.6%	0.0%	₹2376.16 Cr	6.1%
Mirae Asset Dynamic Bond Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹116.35 Cr	6.0%
Mirae Asset Dynamic Bond Fund Regular Growth Low to Moderate Risk	0.9%	0.0%	₹116.35 Cr	5.1%
Quantum Dynamic Bond Fund Direct Growth Moderate Risk	0.5%	0.0%	₹84.92 Cr	4.6%
PGIM India Dynamic Bond Regular Growth Moderate Risk	1.7%	0.0%	₹82.67 Cr	3.0%
ITI Dynamic Bond Fund Regular Growth Low Risk	1.1%	0.0%	₹29.48 Cr	2.2%
Axis Dynamic Bond Fund Regular Growth Moderate Risk	0.6%	0.0%	₹1026.19 Cr	6.0%
ITI Dynamic Bond Fund Direct Growth Low Risk	0.2%	0.0%	₹29.48 Cr	3.2%
360 ONE Dynamic Bond Fund Regular Growth Moderately High risk	0.5%	0.0%	₹579.55 Cr	6.3%
360 ONE Dynamic Bond Fund Direct Growth Moderately High risk	0.3%	0.0%	₹579.55 Cr	6.5%
UTI Dynamic Bond Fund Regular Growth Moderate Risk	1.7%	0.0%	₹411.00 Cr	4.0%
Quantum Dynamic Bond Fund Regular Growth Moderate Risk	1.0%	0.0%	₹84.92 Cr	4.1%
ICICI Prudential All Seasons Bond Fund Regular Growth Moderately High risk	1.1%	0.0%	₹13745.91 Cr	5.6%
DSP Strategic Bond Fund Regular Growth Moderate Risk	1.0%	0.0%	₹689.73 Cr	3.1%
HSBC Dynamic Bond Fund Regular Growth Moderate Risk	0.5%	0.0%	₹124.70 Cr	3.8%
UTI Dynamic Bond Fund Direct Growth Moderate Risk	0.9%	0.0%	₹411.00 Cr	4.9%
Axis Dynamic Bond Fund Direct Growth Moderate Risk	0.3%	0.0%	₹1026.19 Cr	6.4%
HDFC Dynamic Debt Fund Direct Growth Moderate Risk	0.7%	0.0%	₹526.73 Cr	4.7%
Aditya Birla Sun Life Dynamic Bond Fund Direct Growth Moderately High risk	0.6%	0.0%	₹1458.53 Cr	6.1%
Baroda BNP Paribas Dynamic Bond Fund Direct Growth Moderate Risk	0.6%	0.0%	₹120.33 Cr	2.8%
Canara Robeco Dynamic Bond Direct Growth Moderate Risk	0.6%	0.0%	₹85.55 Cr	2.3%
Union Dynamic Bond Fund Direct Growth Moderate Risk	1.1%	1.0%	₹92.20 Cr	2.2%
DSP Strategic Bond Fund Direct Growth Moderate Risk	0.5%	0.0%	₹689.73 Cr	3.8%
Groww Dynamic Bond Fund Direct Growth Moderate Risk	0.5%	0.0%	₹37.40 Cr	2.9%
Aditya Birla Sun Life Dynamic Bond Fund Regular Growth Moderately High risk	1.0%	0.0%	₹1458.53 Cr	5.5%
JM Dynamic Bond Fund Regular Growth Moderate Risk	0.8%	0.0%	₹52.99 Cr	3.4%
Groww Dynamic Bond Fund Regular Growth Moderate Risk	1.4%	0.0%	₹37.40 Cr	2.1%
Baroda BNP Paribas Dynamic Bond Fund Regular Growth Moderate Risk	1.4%	0.0%	₹120.33 Cr	1.7%
SBI Dynamic Bond Regular Growth Moderate Risk	1.4%	0.0%	₹3770.70 Cr	4.7%
Mahindra Manulife Dynamic Bond Fund Regular Growth Moderately High risk	1.3%	0.0%	₹53.79 Cr	4.8%
Mahindra Manulife Dynamic Bond Fund Direct Growth Moderately High risk	0.3%	0.0%	₹53.79 Cr	6.1%
Nippon India Dynamic Bond Fund Regular Growth Moderate Risk	0.6%	0.0%	₹3908.74 Cr	4.7%
Bandhan Dynamic Bond Fund Regular Growth Moderate Risk	1.4%	0.0%	₹2025.53 Cr	6.6%
HDFC Dynamic Debt Fund Regular Growth Moderate Risk	1.4%	0.0%	₹526.73 Cr	4.0%
Kotak Dynamic Bond Fund Regular Growth Moderately High risk	1.3%	0.0%	₹2376.16 Cr	5.3%
Canara Robeco Dynamic Bond Regular Growth Moderate Risk	1.4%	0.0%	₹85.55 Cr	1.2%

About the AMC

HSBC Mutual Fund

+91 22 66145000

https://www.assetmanagement.hsbc.co.in/en/mutual-funds

Total AUM

₹1,42,321 Cr

Address

16, V N Road, Mumbai, 400 001

Other Funds by HSBC Mutual Fund

Fund name	Expense Ratio	Exit Load	Fund size	1Y
RedHex Hybrid Long-Short Fund Direct Growth Low to Moderate Risk	-	2.0%	-	-
HSBC Gold ETF Fund of Fund Direct Growth High Risk	0.6%	1.0%	₹387.02 Cr	-
HSBC Financial Services Fund Direct Growth Very High Risk	0.7%	1.0%	₹876.05 Cr	9.9%
HSBC India Export Opportunities Fund Direct Growth Very High Risk	0.7%	1.0%	₹1206.79 Cr	11.8%
HSBC Multi Asset Allocation Fund Direct Growth Moderate Risk	0.4%	1.0%	₹2979.17 Cr	18.4%
HSBC Consumption Fund Direct Growth Very High Risk	0.7%	1.0%	₹1651.31 Cr	2.4%
HSBC Balanced Advantage Fund Direct Growth Moderately High risk	0.7%	1.0%	₹1492.28 Cr	2.8%
HSBC Infrastructure Fund Direct Growth Very High Risk	0.8%	1.0%	₹2441.47 Cr	4.8%
HSBC Aggressive Hybrid Fund Direct Growth Very High Risk	0.7%	1.0%	₹5504.80 Cr	6.6%
HSBC Value Fund Direct Growth Very High Risk	0.6%	1.0%	₹14547.71 Cr	3.3%
HSBC Credit Risk Fund Direct Growth Moderately High risk	0.8%	1.0%	₹470.99 Cr	6.5%
HSBC Banking & PSU Debt Direct Growth Moderate Risk	0.2%	0.0%	₹3967.36 Cr	5.7%
HSBC Midcap Fund Direct Growth Very High Risk	0.6%	1.0%	₹14249.22 Cr	17.4%
HSBC ELSS Fund Direct Growth Very High Risk	1.0%	0.0%	₹3985.49 Cr	3.6%
HSBC Equity Savings Fund Direct Growth Moderately High risk	0.6%	0.0%	₹1016.10 Cr	12.5%
HSBC Low Duration Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹1012.45 Cr	6.5%
HSBC Short Duration Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹3844.35 Cr	5.7%
HSBC Corporate Bond Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹5786.52 Cr	5.6%
HSBC Dynamic Bond Fund Direct Growth Moderate Risk	0.2%	0.0%	₹124.70 Cr	4.3%
HSBC Money Market Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹5803.77 Cr	6.4%
HSBC Gilt Fund Direct Growth Moderate Risk	0.4%	0.0%	₹165.59 Cr	3.0%
HSBC Medium Duration Direct Growth Moderate Risk	0.3%	0.0%	₹698.65 Cr	6.3%
HSBC Focused Fund Direct Growth Very High Risk	0.8%	1.0%	₹1679.42 Cr	5.9%
HSBC Business Cycles Fund Direct Growth Very High Risk	0.9%	1.0%	₹1142.20 Cr	-1.8%
HSBC Overnight Fund Direct Growth Low Risk	0.1%	0.0%	₹4680.62 Cr	5.3%
HSBC Conservative Hybrid Fund Direct Growth Moderately High risk	1.0%	0.0%	₹148.87 Cr	5.4%
HSBC Large Cap Fund Direct Growth Very High Risk	1.0%	1.0%	₹1758.08 Cr	1.7%
HSBC Global Emerging Markets Fund Direct Growth Very High Risk	1.3%	1.0%	₹511.96 Cr	65.0%
HSBC Brazil Fund Direct Growth Very High Risk	1.6%	1.0%	₹359.51 Cr	32.5%
HSBC Medium to Long Duration Fund Direct Growth Moderate Risk	0.6%	0.0%	₹47.70 Cr	4.0%
HSBC Liquid Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹16117.36 Cr	6.3%
HSBC Flexi Cap Fund Direct Growth Very High Risk	0.9%	1.0%	₹5538.48 Cr	3.1%
HSBC Tax Saver Equity Fund Direct Growth Very High Risk	1.8%	0.0%	₹243.60 Cr	4.7%
HSBC Ultra Short Duration Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹3524.69 Cr	6.5%
HSBC CRISIL IBX 50:50 Gilt Plus SDL Apr 2028 Index Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹1934.77 Cr	5.5%
HSBC Small Cap Fund Direct Growth Very High Risk	0.6%	1.0%	₹16876.72 Cr	5.4%
HSBC Global Equity Climate Change Fund of Fund Direct Growth Very High Risk	0.9%	1.0%	₹54.40 Cr	22.6%
HSBC Managed Solutions India Conservative Direct Growth Moderate Risk	0.4%	0.0%	₹543.31 Cr	5.5%
HSBC Managed Solutions India Moderate Direct Growth Moderate Risk	1.1%	1.0%	₹98.07 Cr	14.1%
HSBC Managed Solutions India Growth Direct Growth Very High Risk	0.9%	1.0%	₹44.84 Cr	5.6%
HSBC CRISIL IBX Gilt June 2027 Index Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹180.75 Cr	5.6%
HSBC Arbitrage Fund Direct Growth Low Risk	0.2%	0.0%	₹2666.71 Cr	6.5%
HSBC Nifty Next 50 Index Fund Direct Growth Very High Risk	0.3%	1.0%	₹159.42 Cr	6.3%
HSBC Nifty 50 Index Fund Direct Growth Very High Risk	0.1%	1.0%	₹373.00 Cr	-3.2%
HSBC Large & Mid Cap Fund Direct Growth Very High Risk	0.7%	1.0%	₹5110.15 Cr	11.4%
HSBC Multi Cap Fund Direct Growth Very High Risk	0.5%	1.0%	₹5620.77 Cr	7.3%
HSBC Asia Pacific (Ex Japan) Dividend Yield Fund Direct Growth Very High Risk	1.2%	1.0%	₹77.11 Cr	48.2%

Risk Level

Your principal amount will be at Moderate Risk

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What is the current NAV of HSBC Dynamic Bond Fund Direct Growth?

The NAV of HSBC Dynamic Bond Fund Direct Growth, as of 06-Jul-2026, is ₹33.58.

What are the returns of HSBC Dynamic Bond Fund Direct Growth?

The fund has generated 4.29% over the last 1 year and 7.31% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.

What is the portfolio composition of HSBC Dynamic Bond Fund Direct Growth?

The fund's allocation of assets is distributed as 0.00% in equities, 78.08% in bonds, and 21.42% in cash and cash equivalents.

Who manages the HSBC Dynamic Bond Fund Direct Growth?

The fund managers responsible for HSBC Dynamic Bond Fund Direct Growth are:-

Shriram Ramanathan
Mahesh Chhabria

Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.

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HSBC Dynamic Bond Fund Direct Growth

Fund Overview