Great! You have sucessfully subscribed for newsletters for investments
Subscribed email:
Previously called: L&T Resurgent India Bond Direct-G
NAV as of May 15, 2024
₹20.0984+0.06% 1D change
Returns since inception
Returns Annualised Returns since inception
7.8% p.a.
#5
of 12 funds
Consistency of returns
Protection from volatility
Expense Ratio: This fund has the 3rd lowest expense ratio amongst actively/passively managed Medium Duration funds.
Exit Load: This fund has no exit load.
Return/Risk: The fund is performing poorly than its category.
VRO rating | 4 |
Expense ratio | 0.4% as on Apr 30, 2024 |
Exit load | 0% Exit load of 2% if redeemed within 1 year, 1.50% if redeemed after 1 year but within 2 years and 1% if redeemed after 2 years but within 3 years.! |
AUM (Fund size) | ₹801 Crs |
Lock-in | No Lockin |
Age | 9 yrs 3 m since Jan 22, 2015 |
Benchmark | NIFTY Medium Duration Debt Index A-III |
Min. investment | SIP ₹1000 & Lump. ₹5000 |
Risk | Moderate |
Tax on your gains | Profits are added to your income and taxed as per your slab rate |
Period | This fund | Category average |
---|---|---|
1 month | 0.88% | 0.7639999999999999% |
3 months | 1.91% | 1.752% |
6 months | 4.34% | 4.014% |
1 year | 7.39% | 6.826000000000001% |
3 years | 6.03% | 6.507857142857142% |
5 years | 7.39% | 6.3246153846153845% |
Large Cap 0.0%
Mid Cap 0.0%
Small Cap 0.0%
Other Cap 0.0%
Bifurcation by Holding is not available for this fund
Bifurcation by Sector is not available for this fund
AAA 40.31%
SOV 37.36%
AA 11.35%
AA+ 6.31%
GOI 37.36%
Power Finance Corporation Ltd. 6.31%
National Bank For Agriculture & Rural Development 6.3%
REC Ltd. 6.29%
GOI Securities 37.36%
Debenture 25.46%
Non Convertible Debenture 22.659999999999997%
Securitised Debt 7.6899999999999995%
Others 0.4%
Fund name | ETM Rank | AUM (in Crs.) | Fund age | Expense ratio |
---|---|---|---|---|
ICICI Prudential Medium Term Bond Fund | #1 | ₹6,322 Crs | 11 yrs 4 m | 0.73% |
Axis Strategic Bond Fund | #2 | ₹1,971 Crs | 11 yrs 4 m | 0.33% |
HDFC Medium Term Debt Fund | #3 | ₹4,188 Crs | 11 yrs 4 m | 0.59% |
SBI Magnum Medium Duration Fund | #4 | ₹6,222 Crs | 11 yrs 4 m | 0.69% |
HSBC Medium Duration Fund | #5 | ₹801 Crs | 9 yrs 3 m | 0.4% |
Fund name | 1M | 6M | 1Y | 3Y | 5Y | 10Y |
---|---|---|---|---|---|---|
ICICI Prudential Medium Term Bond Fund | 0.85% | 3.96% | 7.27% | 6.4% | 8.06% | 8.46% |
Axis Strategic Bond Fund | 0.83% | 4.5% | 7.61% | 6.6% | 7.52% | 8.8% |
HDFC Medium Term Debt Fund | 0.77% | 4.02% | 7.07% | 6.01% | 7.52% | 8.08% |
SBI Magnum Medium Duration Fund | 0.76% | 3.92% | 7.07% | 6.07% | 7.99% | 9.05% |
HSBC Medium Duration Fund | 0.88% | 4.34% | 7.39% | 6.03% | 7.39% | 7.23% |
Fund name | Std. deviation | Beta | Sharpe | Sortino |
---|---|---|---|---|
ICICI Prudential Medium Term Bond Fund | 1.18 | 0.63 | 0.83 | 1.09 |
Axis Strategic Bond Fund | 1.3 | 0.68 | 0.85 | 1.22 |
HDFC Medium Term Debt Fund | 1.47 | 0.75 | 0.43 | 0.54 |
SBI Magnum Medium Duration Fund | 1.32 | 0.67 | 0.44 | 0.57 |
HSBC Medium Duration Fund | 1.49 | 0.77 | 0.35 | 0.42 |
Alpha | 0.72 vs. 2.2586975 Underperformed at beating benchmark |
Sharpe | 0.35 vs. 3.1032295 Poor risk-adjusted returns |
Beta | 0.77 vs. 1.0462034 Less sensitive to market ups & downs |
Standard deviation | 1.49 vs. 2.4709718 More stable returns |
Fund AUM | ₹801 Crs as on Mar 31, 2024 |
Scheme document | View Scheme Document |
The scheme seek to generate income by investing primarily in debt and money market securities.
No. of schemes | 28 view all schemes |
Total AUM | ₹1,09,951 Crs as on Mar 31, 2024 |
Address | 9-11th Floor, NESCO - IT Park Bldg. 3, Western Express Highway, Goregaon East, Mumbai, 400063 |
Fund name | ETM Rank | AUM (in Crs.) | 1Y | 3Y |
---|---|---|---|---|
HSBC Low Duration Fund | #14 | ₹419 Crs | 7.7% | 5.89% |
HSBC Ultra Short Duration Fund | N.A. | ₹2,352 Crs | 7.42% | 5.78% |
HSBC Liquid Fund | #29 | ₹18,738 Crs | 7.33% | 5.68% |
HSBC Money Market Fund | #12 | ₹1,158 Crs | 7.42% | 5.66% |
HSBC Dynamic Bond Fund | #11 | ₹162 Crs | 7.05% | 5.34% |
Identifying a top performing fund that consistently creates wealth can be a challenging task due to the dynamic nature of the market. Top funds often change frequently, sometimes even on a daily basis.
However, with ET Money's fund report card, it is now possible to find a fund that consistently ranks at the top and generates wealth over a long period of time. This valuable resource makes it easier to navigate the complex and constantly changing world of financial markets.
At ET Money, we have developed a smart ranking system for funds based on their consistency. We believe that consistently performing at the top of a category is more important than just occasionally ranking highly. To evaluate the consistency of a fund, we have identified two key parameters: "consistency of returns" and "protection from volatility." We assess these parameters by analyzing the strong performance and low volatility of a fund over a prolonged period of time. To arrive at a rating for these parameters, we carefully consider the track record of a fund in terms of both performance and volatility.
In our ranking methodology, we prioritize funds that consistently perform well over those that fluctuate in their performance. To ensure stability in our rankings, we analyzed data for a minimum of five years, rather than just a year or two. We also placed a greater emphasis on recent performance, as it tends to have a greater impact on momentum. This allows us to capture the full potential of recent momentum in our rankings.
The HSBC Medium Duration Fund is a 9 yrs 3 m old fund and has delivered average annual returns of 7.8% since inception.
1-Year | 3-Year | 5-Year | Since Inception |
---|---|---|---|
7.39% | 6.03% | 7.39% | 7.8% |
NAV or Net Asset Value is the per-unit price of the Mutual Fund. The NAV of a Mutual Fund changes every day. It is calculated by taking the current value of the holdings of the fund at end of the day, subtracting the expenses, and dividing the value by the number of units issued to date.
The NAV of HSBC Medium Duration Fund for May 15, 2024 is 20.0984.
HSBC Medium Duration Fund has an ET Money Rank of #5 of 12 and a consistency rating of 3.0.
This indicates the fund has not generated great returns and even those are not very consistent. You might want to look at other funds in its category.
On ET Money, Investing in HSBC Medium Duration Fund is fast, easy, and 100% paperless. And it takes only minutes. Here is what you need to do -
The Expense Ratio of a Mutual Fund is the annual charges you pay to the Mutual Fund company for managing your investments in that fund. The Expense Ratio is a percentage of Assets Under Management (AUM) and is taken from the returns generated by the fund. For this reason, a fund with a lower expense ratio is always better because a smaller part of the returns will be taken and that means more returns for you.
The Expense Ratio of the direct plan of HSBC Medium Duration Fund is 0.4%. .
Redeeming your investments in HSBC Medium Duration Fund is super easy. If you have invested in this fund via ET Money, just login into the app, go to the investment section and put the redemption request.
If you have invested in HSBC Medium Duration Fund from anywhere else, you can go to the fund house website and put a request through it.
AUM or Asset Under Management is the total value of the assets held by a Mutual Fund scheme. For instance, for an equity Mutual Fund, the AUM will be the total value of its portfolio's equity shares (plus any other asset it might have invested in). The AUM of the fund changes every day because the price of the underlying asset fluctuates daily. However, the Mutual Fund company doesn't update it every day. It is updated only at the end of the month and released within few days of the next month.
The AUM of the fund is a good indicator of its popularity. A fund with a high AUM means a lot of money has been invested in it, and investors like it. However, the AUM should never be the primary criteria while selecting a fund. There are funds with huge AUMs that continue to perform well despite their size.
The AUM of HSBC Medium Duration Fund is ₹801 Crs.
The credit rating of the instruments in which the fund invests represents the quality of the borrower.
The HSBC Medium Duration Fund allocation by credit quality is given below
Credit Quality | Percentage of Portfolio |
AAA | 40.31% |
SOV | 37.36% |
AA | 11.35% |
The top 3 debt holdings of HSBC Medium Duration Fund are as follows
Holding Name | Percentage of Portfolio |
GOI | 37.36% |
Power Finance Corporation Ltd. | 6.31% |
National Bank For Agriculture & Rural Development | 6.3% |
Select SIP date
Please select SIP day
How long should this SIP run?
Please enter number of years between to
Please enter number of months between to
By continuing, I agree to the Declaration and T&Cs.