- Mutual Funds
- HSBC Mutual Funds
- HSBC Short Duration Fund (PIDCW-A)
Formerly L&T Short Term Bond Ann IDCW-P
HSBC Short Duration Fund (PIDCW-A)
₹ 11.6347
NAV (Apr 18)
Short 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.
Short Term Funds invest in debt and money market instruments such that the duration of the portfolio is between 1 to 3 years.This exposes them to higher variations when interest rates change.
The category is one of the largest categories within the Debt Segment (9% of the total assets).
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.
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
₹ 11.6347
NAV (Apr 18)
Fund Returns
Last 1Y | -1.8% |
Last 3Y | 1.7% |
Last 5Y | 3.7% |
Last 10Y | NA |
Since Inception | 4.7% |
6 Month CAGR | -4.3% |
Scheme Information
To provide a reasonable income through a diversified portfolio of fixed income securities such that the Macaulay duration of the portfolio is between 1 year to 3 years. However,there can be no assurance or guarantee that the investment objective of the scheme would be achieved.
Expense Ratio | 0.75 |
Launched (9y ago) | Oct 12, 2015 |
AUM in Crores | 3600.485 |
ISIN | INF917K01VT1 |
Lock-in | No Lock-in |
Benchmark | Nifty Short Dura Debt Idx A-II TR INR |
SIP Minimum | 1000 |
Lumpsum Min. | 5000 |
Standard Deviation (3yr) | 4.4 |
Standard Deviation (5yr) | 3.8 |
Beta (3yr) | 0 |
Beta (5yr) | 0 |
Sharpe Ratio (3yr) | -0.778 |
Sharpe Ratio (5yr) | -0.345 |
YTM | 7.53 |
Fund Managers
Returns Calculator Comparison
of
for
with step up of
| Asset | Returns | Total Corpus | Gains | CAGR |
|---|---|---|---|---|
| HSBC Short Duration Fund (PIDCW-A) | 8,00,237 | 67,625 | 3.7% | |
| 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
7.06% govt stock 2028
15.8%7.37% govt stock 2028
10.6%7.1% govt stock 2029
10.1%7.38% govt stock 2027
5.7%national bank for agriculture and rural development
4.2%Comparison with Debt Funds
| Fund Name | Fund Size | Rolling Returns |
|---|---|---|
₹ 4,923 cr | ||
₹ 10,293 cr | ||
₹ 35,428 cr | ||
₹ 13,848 cr | ||
₹ 13,895 cr |
About the AMC
HSBC Asset Management(India)Private Ltd
| Fund Name | Scripbox Opinion | Till Date CAGR | |
|---|---|---|---|
32.9% | 22% | ||
5.4% | 5.9% | ||
26.3% | 16.8% | ||
4.7% | 5.2% | ||
20% | 15.5% |
HSBC Short Duration Fund (PIDCW-A) Review
HSBC Short Duration Fund (PIDCW-A) is a Short Term Debt fund and has delivered an annualised return of 4.7% over a period of 8 years. The fund was previously known as L&T Short Term Bond Ann IDCW-P. The fund is managed by HSBC Asset Management(India)Private Ltd. The fund managers are Jalpan Shah, Mohd Asif Rizwi.
Nav of HSBC Short Duration Fund (PIDCW-A) as of 4/18/2024 is ₹11.63 with the total AUM as of 4/19/2024 is ₹3600.485. With Scripbox you can compare and check the latest nav for all mutual funds in India. HSBC Short Duration Fund (PIDCW-A) was launched on Oct 12, 2015. The category risk of the fund is Moderate Risk.
The minimum SIP amount for HSBC Short Duration Fund (PIDCW-A) 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 Short Duration Fund (PIDCW-A) 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 Short Dura Debt Idx A-II TR INR.
HSBC Short Duration Fund (PIDCW-A) is rated as a 3 fund in Debt and delivered -1.8% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with HSBC Short Duration Fund (PIDCW-A).
Frequently Asked Questions
What is HSBC Short Duration Fund (PIDCW-A)?
How to invest in HSBC Short Duration Fund (PIDCW-A)?
You can invest in HSBC Short Duration Fund (PIDCW-A) 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 Short Duration Fund (PIDCW-A)?
The minimum sip amount for HSBC Short Duration Fund (PIDCW-A) is ₹1000. You can invest in multiples of ₹5000.
Is HSBC Short Duration Fund (PIDCW-A) good to invest in?
As per Scripbox experts, HSBC Short Duration Fund (PIDCW-A) is a Neutral fund. You can investHSBC Short Duration Fund (PIDCW-A) fund if its investment objective and risk-o-meter matches your investment goals and risk preferences.
What is the expense ratio of the HSBC Short Duration Fund (PIDCW-A)?
The expense ratio of the HSBC Short Duration Fund (PIDCW-A) is 0.75% for regular plan.