HSBC Corporate Bond Fund-Reg(G)

View the direct plan of this scheme

Rs 65.8992   0.0632(0.096 %) NAV as on 27 Mar 2024
Prime Rating: 2.5 
Prime Recommendation: Upgrade to see

Fund type:
Debt
AUM (in crores):
₹ 6,175.46
Fund category:
Corporate Bond
Fund manager(s):
Jalpan Shah, Shriram Ramanathan
Benchmark:
NIFTY Corporate Bond Index
Minimum investment:
₹ 5000
Launch date:
31 Mar 1997
Min. additional investment:
₹ 1000
Expense ratio:
0.64 %
Exit load:
0.50% on or before 3M, Nil after 3M

Scheme Objective: To generate regular return by investing predominantly in AA+ and above rated debt and money market instruments.


Performance (As on 27 Mar 2024)

>
1 week returns3 month returns6 month returns 1 year returns3 year returns5 year returns Returns since inception
Scheme0.09 % 2.08 %3.49 % 7.33 % 5.07 %7.35 % 7.23 %

Portfolio

Top 10 instruments
Type
Allocation (%)
Rating
7.38% GOI 20JUN2027
Government Securities
7.87%
SOVEREIGN
NTPC Limited**
Corporate Debt
5.72%
CRISIL AAA
National Highways Authority of India**
Corporate Debt
5.17%
CRISIL AAA
Indian Oil Corporation Limited**
Corporate Debt
5.09%
CRISIL AAA
Power Grid Corporation of India Limited**
Corporate Debt
4.55%
CRISIL AAA
National Bank for Agriculture & Rural Development**
Corporate Debt
4.15%
ICRA AAA
HDFC Bank Limited**
Corporate Debt
4.13%
CRISIL AAA
ICICI Bank Limited**
Corporate Debt
3.96%
CARE AAA
7.06% GOI 10APR28
Government Securities
3.74%
SOVEREIGN
National Highways Authority of India**
Corporate Debt
3.73%
CRISIL AAA

About this category

Corporate bond debt funds invest in a variety of debt instruments such as corporate and bank bonds, PSU bonds, and government securities. They invest at least 80% of their portfolio in debt papers rate AA+ and above and portfolios are therefore made up of high-quality instruments. Returns primarily come from interest accrued on bonds held, though some funds with longer maturities may also sometimes earn from bond price appreciation. Average maturities for these funds can vary from short-term to long term.

Suitability

These funds suit any investor with investment horizons around 3 years and longer. They can be higher-return alternatives to fixed deposits in exchange for a little higher risk, or part of debt allocations of long-term portfolios.

Taxation

For investments made before April 1st, 2023

Short-term: Holding period is less than 36 months.

Taxation: Capital gains are taxed at individuals slab rate


Long-term: Holding period is 36 months or more.

Taxation: Capital gains are taxed at 20% with indexation benefit.

For investments made on and after April 1st, 2023

All capital gains are treated as short-term capital gains irrespective of holding period and will be taxed at individuals slab rate.

How are mutual fundstaxed

How are mutual funds taxed?

Login to your account
OR

Become a PrimeInvestor!

Get access to fresh stocks and mutual funds recommendations.

or