- Mutual Funds
- HSBC Mutual Funds
- HSBC Medium Duration Fund (PIDCW-M)
Formerly L&T Resurgent India Bond Reg IDCW-P
HSBC Medium Duration Fund (PIDCW-M)
₹ 10.5605
NAV (Oct 03)
Medium term 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.
Medium Duration Funds invest in debt and money market instruments such that the duration of the portfolio is between 3 to 4 years.This exposes them to higher variation when interest rates change.
This is a small category (less than 2% of the total debt fund assets).We assess the credit quality of funds in this category as relatively poor.We do not recommend funds in this category because of the higher credit risk and higher interest rate risk.
Scripbox does not recommend investing in the dividend option of a fund because dividends are taxable at a higher rate than withdrawals.
Investment Calculator
Investment Duration5 years
0
Total Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 yearsHistorical NAV
₹ 10.5605
NAV (Oct 3)
Fund Returns
Last 1Y | 5.7% |
Last 3Y | 5% |
Last 5Y | 5.6% |
Last 10Y | NA |
Since Inception | 5.7% |
6 Month CAGR | 2.2% |
Scheme Information
To seek to generate income by investing primarily in debt and money market securities.There is no assurance that the investment objective of the scheme will be realized.
Expense Ratio | 1.1 |
Launched (8y ago) | Feb 02, 2015 |
AUM in Crores | 685.384 |
ISIN | INF917K01TJ6 |
Lock-in | No Lock-in |
Benchmark | Nifty Medium Duration Debt TR INR |
SIP Minimum | 1000 |
Lumpsum Min. | 5000 |
Standard Deviation (3yr) | 1.9 |
Standard Deviation (5yr) | 2.7 |
Beta (3yr) | 0 |
Beta (5yr) | 0 |
Sharpe Ratio (3yr) | 0.073 |
Sharpe Ratio (5yr) | 0.186 |
YTM | 7.96 |
Fund Managers
Returns Calculator Comparison
of
for
with step up of
| Asset | Returns | Total Corpus | Gains | CAGR |
|---|---|---|---|---|
| HSBC Medium Duration Fund (PIDCW-M) | 8,38,183 | 1,05,571 | 5.6% | |
| EPF | 9,00,761 | 1,68,149 | 8.50% | |
| Property | 8,67,662 | 1,35,050 | 7.00% | |
| PPF | 8,69,819 | 1,37,207 | 7.10% | |
| Bank FD | 8,46,471 | 1,13,859 | 6.00% | |
| Gold | 8,46,471 | 1,13,859 | 6.00% | |
| Savings Bank | 8,25,950 | 93,338 | 5.00% |
Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.
Asset allocation and Holdings
Top Debt Holdings
7.26% govt stock 2033
11.8%07.18 goi 2033
8.8%ongc petro additions limited
4.2%8.51% govt stock 2033
3.9%bharti telecom limited
3.9%Comparison with Debt Funds
| Fund Name | Fund Size | Rolling Returns |
|---|---|---|
₹ 44,468 cr | ||
₹ 18,357 cr | ||
₹ 10,408 cr | ||
₹ 14,357 cr | ||
₹ 9,121 cr |
About the AMC
HSBC Asset Management(India)Private Ltd
| Fund Name | Scripbox Opinion | Till Date CAGR | |
|---|---|---|---|
4.7% | 7.3% | ||
29.2% | 15.8% | ||
4.4% | 6.2% | ||
26.6% | 15.2% | ||
4.7% | % |
HSBC Medium Duration Fund (PIDCW-M) Review
HSBC Medium Duration Fund (PIDCW-M) is a Medium Term Debt fund and has delivered an annualised return of 5.7% over a period of 8 years. The fund was previously known as L&T Resurgent India Bond Reg IDCW-P. The fund is managed by HSBC Asset Management(India)Private Ltd. The fund managers are Kapil Punjabi, Shriram Ramanathan.
Nav of HSBC Medium Duration Fund (PIDCW-M) as of 10/3/2023 is ₹10.56 with the total AUM as of 10/4/2023 is ₹685.384. With Scripbox you can compare and check the latest nav for all mutual funds in India. HSBC Medium Duration Fund (PIDCW-M) was launched on Feb 02, 2015. The category risk of the fund is Moderate Risk.
The minimum SIP amount for HSBC Medium Duration Fund (PIDCW-M) is ₹1000 and you can increase this in multiples of ₹100. In case you want to invest a lump sum, the minimum amount to be invested is ₹5000. Check your estimated returns on mutual funds by using sip calculator.
HSBC Medium Duration Fund (PIDCW-M) is suited for investors looking to invest for 1-4 years. The asset class is less volatile than equity and the fund is likely to provide stable but slow growth. The fund is benchmarked to Nifty Medium Duration Debt TR INR.
HSBC Medium Duration Fund (PIDCW-M) is rated as a 3 fund in Debt and delivered 5.7% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with HSBC Medium Duration Fund (PIDCW-M).
Frequently Asked Questions
What is HSBC Medium Duration Fund (PIDCW-M)?
How to invest in HSBC Medium Duration Fund (PIDCW-M)?
You can invest in HSBC Medium Duration Fund (PIDCW-M) through AMC, intermediaries, brokers or platforms like Scripbox. To learn step by step process visit how to invest in mutual funds?
What is the minimum sip amount of HSBC Medium Duration Fund (PIDCW-M)?
The minimum sip amount for HSBC Medium Duration Fund (PIDCW-M) is ₹1000. You can invest in multiples of ₹5000.
Is HSBC Medium Duration Fund (PIDCW-M) good to invest in?
As per Scripbox experts, HSBC Medium Duration Fund (PIDCW-M) is a Neutral fund. You can investHSBC Medium Duration Fund (PIDCW-M) fund if its investment objective and risk-o-meter matches your investment goals and risk preferences.
What is the expense ratio of the HSBC Medium Duration Fund (PIDCW-M)?
The expense ratio of the HSBC Medium Duration Fund (PIDCW-M) is 1.1% for regular plan.