HSBC Medium Duration Direct Growth

Fund Overview

Fund Size

₹648 Cr

Expense Ratio

0.40%

ISIN

INF917K01TK4

Minimum SIP

₹1,000

Exit Load

No Charges

Inception Date

02 Feb 2015

About this fund

HSBC Medium Duration Direct Growth is a Medium Duration mutual fund schemes offered by HSBC Mutual Fund. This fund has been in existence for 10 years, 5 months and 2 days, having been launched on 02-Feb-15.
As of 03-Jul-25, it has a Net Asset Value (NAV) of ₹22.43, Assets Under Management (AUM) of 647.81 Crores, and an expense ratio of 0.4%.

HSBC Medium Duration Direct Growth has given a CAGR return of 8.07% since inception.
The fund's asset allocation comprises around 0.00% in equities, 96.49% in debts, and 3.16% in cash & cash equivalents.
You can start investing in HSBC Medium Duration 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

+10.31%

+9.15% (Cat Avg.)

3 Years

+8.78%

+8.25% (Cat Avg.)

5 Years

+7.70%

+7.00% (Cat Avg.)

10 Years

+8.00%

+6.45% (Cat Avg.)

Since Inception

+8.07%

— (Cat Avg.)

Portfolio Summaryas of 15th June 2025

Debt	₹625.09 Cr	96.49%
Others	₹22.73 Cr	3.51%

Top Holdings

All Holdings

Equity

Debt & Others

Name	Type	Amount	Holdings
6.33% Gsec Mat - 05/05/2035	Bond - Gov't/Treasury	₹61.73 Cr	9.45%
Export Import Bank Of India	Bond - Corporate Bond	₹52.48 Cr	8.03%
Rural Electrification Corporation Limited	Bond - Corporate Bond	₹52.13 Cr	7.98%
Delhi International Airport Limited	Bond - Corporate Bond	₹31.54 Cr	4.83%
Aditya Birla Renewables Limited	Bond - Corporate Bond	₹27.11 Cr	4.15%
Small Industries Development Bank Of India	Bond - Corporate Bond	₹27.03 Cr	4.14%
Small Industries Development Bank Of India	Bond - Corporate Bond	₹26.9 Cr	4.12%
7.32% Govt Stock 2030	Bond - Gov't/Treasury	₹26.53 Cr	4.06%
LIC Housing Finance Ltd	Bond - Corporate Bond	₹26.44 Cr	4.05%
Power Finance Corporation Limited	Bond - Corporate Bond	₹26.27 Cr	4.02%
Power Finance Corporation Limited	Bond - Corporate Bond	₹26.18 Cr	4.01%
National Bank For Agriculture And Rural Development	Bond - Corporate Bond	₹25.99 Cr	3.98%
Vedanta Limited	Bond - Corporate Bond	₹25.98 Cr	3.97%
National Bank For Agriculture And Rural Development	Bond - Corporate Bond	₹25.84 Cr	3.95%
Aadhar Housing Finance Limited	Bond - Corporate Bond	₹25.41 Cr	3.89%
Indian Railway Finance Corporation Limited	Bond - Corporate Bond	₹25.05 Cr	3.83%
DHRUVA XXIV	Bond - Asset Backed	₹22.48 Cr	3.44%
Shriram Finance Limited	Bond - Corporate Bond	₹20.39 Cr	3.12%
IIFL Finance Limited	Bond - Corporate Bond	₹19.14 Cr	2.93%
VAJRA 011 TRUST	Bond - Asset Backed	₹18.91 Cr	2.89%
Power Grid Corporation Of India Limited	Bond - Corporate Bond	₹15.22 Cr	2.33%
Indostar Capital Finance Limited	Cash - Commercial Paper	₹14.42 Cr	2.21%
Indian Railway Finance Corporation Limited	Bond - Corporate Bond	₹10.11 Cr	1.55%
7.1% Govt Stock 2034	Bond - Gov't/Treasury	₹5.3 Cr	0.81%
Treps	Cash - Repurchase Agreement	₹4.65 Cr	0.71%
SANSAR TRUST SEP 2023 IX	Bond - Asset Backed	₹3.9 Cr	0.60%
6.79% Govt Stock 2034	Bond - Gov't/Treasury	₹2.61 Cr	0.40%
CDMDF CLASS A2	Mutual Fund - Open End	₹2.25 Cr	0.34%
Net Current Assets (Including Cash & Bank Balances)	Cash	₹1.61 Cr	0.25%

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

Instruments	Amount	Holdings
Bond - Corporate Bond	₹489.19 Cr	74.85%
Bond - Gov't/Treasury	₹96.17 Cr	14.71%
Bond - Asset Backed	₹45.29 Cr	6.93%
Cash - Commercial Paper	₹14.42 Cr	2.21%
Cash - Repurchase Agreement	₹4.65 Cr	0.71%
Mutual Fund - Open End	₹2.25 Cr	0.34%
Cash	₹1.61 Cr	0.25%
Bond - Gov't Agency Debt	₹0 Cr	-

Risk & Performance Ratios

Fund Managers

Shriram Ramanathan

Since February 2015

Additional Scheme Detailsas of 15th June 2025

ISIN

INF917K01TK4

Expense Ratio

0.40%

Exit Load

No Charges

Fund Size

₹648 Cr

Age

10 years 5 months

Lumpsum Minimum

₹5,000

Fund Status

Open Ended Investment Company

Benchmark

Nifty Medium Duration Debt 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 Medium Duration Funds

Fund name	Expense Ratio	Exit Load	Fund size	1Y
Bandhan Bond Fund - Medium Term Plan Direct Growth Moderate Risk	0.6%	0.0%	₹1487.56 Cr	9.9%
HSBC Medium Duration Regular Growth Moderate Risk	1.1%	0.0%	₹647.81 Cr	9.5%
HSBC Medium Duration Direct Growth Moderate Risk	0.4%	0.0%	₹647.81 Cr	10.3%
Union Medium Duration Fund Regular Growth Moderate Risk	0.9%	1.0%	₹80.25 Cr	7.9%
Union Medium Duration Fund Direct Growth Moderate Risk	0.6%	1.0%	₹80.25 Cr	8.2%
Kotak Medium Term Fund Direct Growth Moderately High risk	0.7%	0.0%	₹1858.70 Cr	10.8%
Kotak Medium Term Fund Regular Growth Moderately High risk	1.6%	0.0%	₹1858.70 Cr	9.8%
ICICI Prudential Medium Term Bond Fund Direct Growth Moderately High risk	0.7%	1.0%	₹5724.57 Cr	10.3%
Axis Nifty AAA Bond Plus SDL Apr 2026 50:50 ETF Low Risk	0.1%	-	₹1105.51 Cr	7.9%
Axis Strategic Bond Fund Direct Growth Moderately High risk	0.6%	1.0%	₹1941.68 Cr	10.4%
HDFC Medium Term Debt Fund Direct Growth Moderately High risk	0.7%	0.0%	₹3862.88 Cr	9.8%
Aditya Birla Sun Life Medium Term Plan Direct Growth Moderately High risk	0.8%	2.0%	₹2525.67 Cr	14.9%
SBI Magnum Medium Duration Fund Direct Growth Moderately High risk	0.7%	1.0%	₹6579.64 Cr	9.7%
Sundaram Medium Term Bond Fund Direct Growth Moderate Risk	1.4%	1.0%	₹43.10 Cr	8.6%
DSP Bond Fund Direct Growth Moderately High risk	0.4%	0.0%	₹314.01 Cr	10.1%
UTI Medium Term Fund Direct Growth Moderate Risk	0.8%	1.0%	₹40.71 Cr	9.5%
UTI Medium Term Fund Regular Growth Moderate Risk	1.5%	1.0%	₹40.71 Cr	8.8%
Nippon India ETF Nifty CPSE Bond Plus SDL Sep 2024 50:50 Low Risk	0.2%	-	₹1373.31 Cr	7.2%
BHARAT Bond ETF April 2025 Low to Moderate Risk	0.0%	-	₹9835.68 Cr	7.6%
Nippon India Strategic Debt Fund Direct Growth Moderately High risk	0.5%	1.0%	₹101.25 Cr	9.7%
Nippon India Strategic Debt Fund Regular Growth Moderately High risk	1.1%	1.0%	₹101.25 Cr	9.1%
Aditya Birla Sun Life Medium Term Plan Regular Growth Moderately High risk	1.5%	2.0%	₹2525.67 Cr	14.0%
DSP Bond Fund Regular Growth Moderately High risk	0.7%	0.0%	₹314.01 Cr	9.7%
SBI Magnum Medium Duration Fund Regular Growth Moderately High risk	1.2%	1.0%	₹6579.64 Cr	9.2%
Sundaram Medium Term Bond Fund Regular Growth Moderate Risk	2.1%	1.0%	₹43.10 Cr	7.6%
ICICI Prudential Medium Term Bond Fund Regular Growth Moderately High risk	1.4%	1.0%	₹5724.57 Cr	9.6%
Bandhan Bond Fund - Medium Term Plan Regular Growth Moderate Risk	1.3%	0.0%	₹1487.56 Cr	9.1%
HDFC Medium Term Debt Fund Regular Growth Moderately High risk	1.3%	0.0%	₹3862.88 Cr	9.1%
Baroda BNP Paribas Medium Duration Fund Direct Growth Moderate Risk	0.7%	1.0%	₹28.33 Cr	7.7%
Baroda BNP Paribas Medium Duration Fund Regular Growth Moderate Risk	1.0%	1.0%	₹28.33 Cr	7.4%
Invesco India Medium Duration Fund Regular Growth Moderate Risk	1.1%	0.0%	₹168.62 Cr	9.0%
Invesco India Medium Duration Fund Direct Growth Moderate Risk	0.4%	0.0%	₹168.62 Cr	9.8%
Axis Strategic Bond Fund Regular Growth Moderately High risk	1.2%	1.0%	₹1941.68 Cr	9.7%
Kotak Nifty AAA Bond Plus SDL Apr 2026 70:30 ETF Moderate Risk	-	-	-	-

About the AMC

HSBC Mutual Fund

+91 22 66145000

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

Total AUM

₹1,26,873 Cr

Address

16, V N Road, Mumbai, 400 001

Other Funds by HSBC Mutual Fund

Fund name	Expense Ratio	Exit Load	Fund size	1Y
HSBC Consumption Fund Direct Growth Very High Risk	0.8%	1.0%	₹1517.05 Cr	8.7%
HSBC Balanced Advantage Fund Direct Growth Moderately High risk	0.8%	1.0%	₹1526.26 Cr	6.7%
HSBC Infrastructure Fund Direct Growth Very High Risk	1.0%	1.0%	₹2390.92 Cr	-5.1%
HSBC Aggressive Hybrid Fund Direct Growth Very High Risk	0.8%	1.0%	₹5396.34 Cr	3.6%
HSBC Value Fund Direct Growth Very High Risk	0.8%	1.0%	₹13325.48 Cr	4.1%
HSBC Credit Risk Fund Direct Growth Moderately High risk	1.0%	3.0%	₹657.46 Cr	22.5%
HSBC Banking & PSU Debt Direct Growth Moderate Risk	0.2%	0.0%	₹4294.57 Cr	9.2%
HSBC Midcap Fund Direct Growth Very High Risk	0.7%	1.0%	₹11469.74 Cr	6.3%
HSBC ELSS Fund Direct Growth Very High Risk	1.1%	0.0%	₹4129.03 Cr	5.0%
HSBC Equity Savings Fund Direct Growth Moderate Risk	0.7%	0.0%	₹654.98 Cr	4.8%
HSBC Low Duration Fund Direct Growth Low to Moderate Risk	0.4%	0.0%	₹579.95 Cr	9.9%
HSBC Short Duration Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹3928.37 Cr	9.8%
HSBC Corporate Bond Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹5894.57 Cr	10.1%
HSBC Dynamic Bond Fund Direct Growth Moderate Risk	0.2%	0.0%	₹185.12 Cr	9.5%
HSBC Money Market Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹3247.48 Cr	8.2%
HSBC Gilt Fund Direct Growth Moderate Risk	0.5%	0.0%	₹295.44 Cr	8.4%
HSBC Medium Duration Direct Growth Moderate Risk	0.4%	0.0%	₹647.81 Cr	10.3%
HSBC Focused Fund Direct Growth Very High Risk	0.9%	1.0%	₹1666.27 Cr	7.3%
HSBC Business Cycles Fund Direct Growth Very High Risk	1.1%	1.0%	₹1077.95 Cr	7.5%
HSBC Overnight Fund Direct Growth Low Risk	0.1%	0.0%	₹2601.90 Cr	6.4%
HSBC Conservative Hybrid Fund Direct Growth Moderately High risk	1.3%	0.0%	₹160.05 Cr	7.6%
HSBC Large Cap Fund Direct Growth Very High Risk	1.3%	1.0%	₹1826.09 Cr	3.4%
HSBC Global Emerging Markets Fund Direct Growth Very High Risk	1.1%	1.0%	₹54.37 Cr	15.5%
HSBC Brazil Fund Direct Growth Very High Risk	1.0%	1.0%	₹75.65 Cr	18.6%
HSBC Medium to Long Duration Fund Direct Growth Moderate Risk	0.7%	0.0%	₹50.69 Cr	9.5%
HSBC Liquid Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹24999.45 Cr	7.3%
HSBC Flexi Cap Fund Direct Growth Very High Risk	1.2%	1.0%	₹4940.27 Cr	5.2%
HSBC Tax Saver Equity Fund Direct Growth Very High Risk	1.8%	0.0%	₹244.42 Cr	12.7%
HSBC Ultra Short Duration Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹2735.55 Cr	7.9%
HSBC CRISIL IBX 50:50 Gilt Plus SDL Apr 2028 Index Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹1926.12 Cr	9.8%
HSBC Small Cap Fund Direct Growth Very High Risk	0.6%	1.0%	₹16061.21 Cr	-1.8%
HSBC Global Equity Climate Change Fund of Fund Direct Growth Very High Risk	0.8%	1.0%	₹57.26 Cr	11.1%
HSBC Managed Solutions India Conservative Direct Growth Low to Moderate Risk	0.1%	0.0%	₹352.32 Cr	7.5%
HSBC Managed Solutions India Moderate Direct Growth Very High Risk	0.1%	1.0%	₹59.09 Cr	8.8%
HSBC Managed Solutions India Growth Direct Growth Very High Risk	0.1%	1.0%	₹40.53 Cr	6.0%
HSBC CRISIL IBX Gilt June 2027 Index Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹198.54 Cr	9.2%
HSBC Arbitrage Fund Direct Growth Low Risk	0.2%	0.0%	₹2272.06 Cr	7.4%
HSBC Nifty Next 50 Index Fund Direct Growth Very High Risk	0.3%	1.0%	₹133.40 Cr	-5.7%
HSBC Nifty 50 Index Fund Direct Growth Very High Risk	0.2%	1.0%	₹340.08 Cr	5.6%
HSBC Large & Mid Cap Fund Direct Growth Very High Risk	0.8%	1.0%	₹4173.37 Cr	2.1%
HSBC Multi Cap Fund Direct Growth Very High Risk	0.6%	1.0%	₹4757.28 Cr	2.7%
HSBC Asia Pacific (Ex Japan) Dividend Yield Fund Direct Growth Very High Risk	1.0%	1.0%	₹12.54 Cr	16.9%

Risk Level

Your principal amount will be at Moderate Risk

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Still got questions?
We're here to help.

What is the current NAV of HSBC Medium Duration Direct Growth?

The NAV of HSBC Medium Duration Direct Growth, as of 03-Jul-2025, is ₹22.43.

What are the returns of HSBC Medium Duration Direct Growth?

The fund has generated 10.31% over the last 1 year and 8.78% 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 Medium Duration Direct Growth?

The fund's allocation of assets is distributed as 0.00% in equities, 96.49% in bonds, and 3.16% in cash and cash equivalents.

Who manages the HSBC Medium Duration Direct Growth?

The fund managers responsible for HSBC Medium Duration Direct Growth are:-

Shriram Ramanathan

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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Fund Overview

Fund Size

₹648 Cr

Expense Ratio

0.40%

ISIN

INF917K01TK4

Minimum SIP

₹1,000

Exit Load

No Charges

Inception Date

02 Feb 2015

Risk Level

Your principal amount will be at Moderate Risk