HSBC Corporate Bond Fund-Reg(G)

View the direct plan of this scheme

Rs 68.3323   0.0107(0.016 %) NAV as on 10 Sep 2024
Prime Rating: 2 
Prime Recommendation: Upgrade to see

Fund type:
Debt
AUM (in crores):
₹ 6,176.66
Fund category:
Corporate Bond
Fund manager(s):
Kapil Punjabi, 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:
Nil

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


Performance (As on 10 Sep 2024)

>
1 week returns3 month returns6 month returns 1 year returns3 year returns5 year returns Returns since inception
Scheme0.16 % 2.32 %3.99 % 7.60 % 5.17 %6.44 % 7.25 %

Portfolio

Top 10 instruments
Type
Allocation (%)
Rating
7.38% GOI 20JUN2027
Government Securities
7.51%
SOVEREIGN
NTPC Limited**
Corporate Debt
5.57%
CRISIL AAA
Indian Oil Corporation Limited**
Corporate Debt
5.32%
CRISIL AAA
National Highways Authority of India**
Corporate Debt
4.99%
CRISIL AAA
Power Grid Corporation of India Limited**
Corporate Debt
4.57%
CRISIL AAA
HDFC Bank Limited**
Corporate Debt
4.3%
CRISIL AAA
ICICI Bank Limited**
Corporate Debt
4.13%
CARE AAA
7.06% GOI 10APR28
Government Securities
3.77%
SOVEREIGN
National Highways Authority of India**
Corporate Debt
3.44%
CRISIL AAA
Housing and Urban Development Corporation Limited**
Corporate Debt
2.9%
CARE 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
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