3 Year return

5.22%
Launched on January 2013 (11 years)

Investment Details

₹1000

Minimum SIP Amount

₹5000

Minimum one time investment

Fund has no lock-in period

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Risk Involved

Moderate Risk

Your principal will be at

Moderate Risk

Scheme Information

Asset Under Management

₹6100.72 Cr.

Expense Ratio

0.3% (inclusive of GST)

Exit Load

0.50% - If the amount sought to be redeemed or switched out is invested for a period of up to 3 months from the date of allotment. Nil - If the amount sought to be redeemed or switched out is invested for a period of more than 3 months from the date of allotment.

Ratings

ARQ Rating
2

Ratings by other agencies

1
2
5

Tax Implications

Withdrawal within 3 years

Tax based on your income tax bracket

Withdrawal after 3 years

20% tax after indexation (adjusting for inflation)

Fund Holdings

Holdings

HSBC Mutual Fund Managers

SR

Shriram Ramanathan

Fund Manager since Mar 2015

Fund House Details

HSBC Mutual Fund

HSBC Mutual Fund Asset management company

AUM ₹109,951.37 Cr.
No. of Schemes 164
Setup Date NA

Peer Comparison

Comparison with other similar funds

Schemes by HSBC Mutual Fund

List of mutual fund schemes by AMC

Funds 3 Years Returns
scheme logo

Hybrid . Aggressive Hybrid Fund

HSBC Aggressive Hybrid Fund Direct IDCW Payout

15.97%
15.97%
scheme logo

Hybrid . Aggressive Hybrid Fund

HSBC Aggressive Hybrid Fund Direct Growth

15.96%
15.95%

About HSBC Corporate Bond Fund Direct Growth

The HSBC Corporate Bond Fund Direct Growth is a mutual fund offered by HSBC Mutual Fund. This specific fund falls within the category of corporate bond funds. The HSBC Corporate Bond Fund Direct Growth is an open-ended fund. Being open-ended, you have the flexibility to buy and sell units of the fund on any business day. The fund's expense ratio is lower than the category average. This means that the fund charges lower fees, which can help improve your returns.

Investment Objectives of the Scheme

The primary objective of the HSBC Corporate Bond Fund Direct Growth is to generate income and capital appreciation by investing primarily in a diversified portfolio of corporate debt securities. The fund aims to benefit from the interest income and potential price appreciation of these bonds.

Key Features of The Fund

5-year return 7.85%
Expense Ratio 0.3%
Fund Manager Shriram Ramanathan
Fund Size ₹6100.72 Cr
Risk Profile Moderate

Is This Scheme Right for Me?

This fund could be suitable for investors who are seeking a steady stream of income from fixed-income investments. It might appeal to individuals who are looking for an alternative to traditional fixed deposits or bonds, with the potential to earn higher yields through corporate debt securities. Investors who have a moderate risk tolerance and are looking for relatively stable returns from debt investments might find this fund interesting. Before making any investment decision, review the fund's documents, align the investment with your financial goals and risk tolerance, and possibly consult a financial advisor.

AMC Contact Details

Name HSBC Mutual Fund
Launch Date May 2002
Addresss HSBC Asset Management (India) Pvt. Ltd. 9-11 Floors, NESCO IT Park, Building no. 3, Western Express Highway, Goregaon (East), Mumbai – 400 063.
Contact 1800-200-2434 / 1800 4190 200
Email investor.line@mutualfunds.hsbc.co.in
Website https://www.assetmanagement.hsbc.co.in/en/mutual-funds

Disclaimer: Mutual funds are subject to market risk. Read all scheme-related documents carefully to make informed-decision.

FAQs

What is today's NAV of HSBC Corporate Bond Fund?

NAV, or Net Asset Value, is the price of a single unit of a mutual fund. It is calculated by dividing the current value of holdings held by the mutual fund scheme at the end of the day by the total number of units issued. The NAV changes every day. The NAV of HSBC Corporate Bond Fund May 07 2024 is 70.3666

What is the AUM of HSBC Corporate Bond Fund?

Short for Asset Under Management, AUM means the total assets held by a mutual fund scheme. The AUM of the fund changes every day based on the fluctuation in the price of the underlying assets. Fund houses don't update AUM on a daily basis. They only update it at the end of the month and release it within a few days of the following month. The AUM of HSBC Corporate Bond Fund is 6100.72 crore.

What is the expense ratio of HSBC Corporate Bond Fund?

The expense ratio is the annual charges you pay to the mutual fund house for managing your investments. It is a percentage of Assets Under Management. It is deducted from the fund’s returns. The expense ratio of HSBC Corporate Bond Fund is 0.3%

What are the returns of HSBC Corporate Bond Fund since inception?

The HSBC Corporate Bond Fund was launched on Jan 01 2013. The fund has delivered a CAGR of 7.58 since inception.

What is the minimum SIP amount to invest in HSBC Corporate Bond Fund?

A Systematic Investment Plan (SIP) in mutual funds allows you to invest small amounts periodically instead of a one-time investment. The frequency of investment can be monthly, quarterly, half-yearly or annually, as per your convenience. The minimum SIP for HSBC Corporate Bond Fund is 1000.

How do I invest in HSBC Corporate Bond Fund?

  1. Make sure you are logged in to Angel One.
  2. Select the type of investment: SIP or one-time.
  3. In case of an SIP, select the amount and date and click ‘Start SIP’. In case of a one-time investment, enter just the amount.
  4. Proceed by clicking the pay button and choosing your mode of payment.
  5. Your portfolio will be updated with this investment in 3-5 working days.

How to start an SIP in HSBC Corporate Bond Fund?

  1. Click on the ‘Invest’ button.
  2. Enter your desired SIP amount and the SIP date.
  3. You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
  4. Choose your payment method between UPI and Net Banking.
  5. Make your payment.
  6. Your SIP is created.

How do I automate an SIP in HSBC Corporate Bond Fund?

  1. Once you create an SIP, click on ‘Set up autopay’
  2. Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
  3. Once you verify the OTP, your mandate request will be created.

How can I withdraw/redeem my investment in HSBC Corporate Bond Fund?

  1. Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
  2. Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
  3. Verify the details on the ‘Confirm withdraw’ screen.
  4. Select the bank account in which you want to receive the funds.
  5. You will receive your funds within three working days of placing the order.
  6. You can track your order in the ‘Orders’ section.