- Mutual Funds
- HSBC Mutual Fund
- HSBC Banking and PSU Debt Fund Direct Growth
HSBC Banking and PSU Debt Fund Direct Plan Growth
₹ 24.69
NAV (Mar 12)
Banking And Psu funds provides relative safety of capital with growth at par with inflation and is suitable for investment objectives with duration of 1-5 years or longer.
Banking and PSU Funds are mandated to invest a minimum of 80% of total assets in debt instruments issued by Banks, Public Sector Undertakings and Public Financial Institutions.
They tend to invest in medium to long duration securities and hence are exposed to higher variations when interest rates change.
The category accounts for close to 8% of the total assets in the Debt Segment.
We assess the credit quality of funds in this category as relatively poor.We do not recommend funds in this category since we believe that the potential incremental return is not justified by the higher credit risk and higher interest rate risk.
Scheme Information
The scheme aims to generate reasonable returns by primarily investing in debt and money market securities that are issued by Banks, Public Sector Undertakings and Public Financial Institutions in India.
Expense Ratio | 0.23 % |
Launched 12Y ago | 2013-01-01 |
AUM in Crores | 4246.1 |
ISIN | INF917K01HH5 |
Lock-in (days) | No Lock-in |
Benchmark | Nifty Banking & PSU Debt Index A-II |
SIP Minimum | 1000 |
Lumpsum Min. | 5000 |
Standard Deviation | 1.8 |
Beta | 3.4 |
Sharpe Ratio | -0.4 |
YTM | - |
Asset allocation and Holdings
Top Debt Holdings
GOI
6.65%GOI
6.6%NTPC Ltd.
6.36%Power Finance Corporation Ltd.
5.44%Small Industries Devp. Bank of India Ltd.
4.97%
Comparison with Debt Funds
| Fund Name | Fund Size | |
|---|---|---|
₹ 4,714 cr | ||
₹ 4,444 cr | ||
₹ 12,517 cr | ||
₹ 55,112 cr | ||
₹ 15,117 cr |
