Item: HSBC Low Duration Fund Direct Monthly Reinvestment of Income Dis cum Cap Wrdl
Rating: 2
Author: Morningstar

Home › Mutual Funds › L&T Finance Mutual Fund › HSBC Low Duration Fund Direct Monthly Reinvestment of Income Dis cum Cap Wrdl

11.094 (0.019%)

NAV on November 14, 2024

Category Fixed income:
Low Duration

Interest rate sensitivity
Credit quality

Limited Sensitivity High Quality

Total Assets 437 cr

Turnover Ratio 292.77%

Expense Ratio 0.24%

Exit Load -

Returns

1M: -0.09%
1Y: 4.55%
3M: 0.01%
3Y: 4.77%
6M: 1.27%
5Y: 5.11%

Min Investment 5,000

ADDITIONAL INFO

Fund Manager Shriram Ramanathan (Since almost 12 years) Mohd Asif Rizwi (Since 10 months)

ISIN INF917K01GK1

Fund Family L&T Finance

Launch Date January 01, 2013

Benchmark NIFTY Low Duration Debt Index TR INR

Avg. Maturity 1.43 years

Yield To Maturity (%) 7.60%

INVESTMENT OBJECTIVE

To provide liquidity and reasonable returns by investing primarily in a mix of short term debt and money market instruments such that the Macaulay duration of the portfolio is between 6 months to 12 months. However, there can be no assurance or guarantee that the investment objective of the scheme would be achieved.

Dividends that would otherwise be paid out to investors are instead used to purchase more units in the fund. Not as tax efficient as Growth.

View Factsheet

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NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	EXPENSE RATIO	RISK
Kotak Low Duration Fund- Direct Plan- Growth Option	3465.521	8.20%	11,241 cr	0.42%	Average
ICICI Prudential Savings Fund Direct Plan Growth	524.696	8.19%	21,132 cr	0.42%	Above Average
HDFC Low Duration Direct Plan Growth Option	59.551	8.15%	17,719 cr	0.45%	Average
Axis Treasury Advantage Fund Direct Plan Growth Option	3083.699	8.06%	6,194 cr	0.35%	Average
Aditya Birla Sun Life Low Duration Direct Plan Growth	691.454	8.03%	11,235 cr	0.42%	Below Average
Nippon India Low Duration Fund Direct Plan Growth Plan	3773.255	8.00%	7,894 cr	0.38%	Average
HSBC Low Duration Fund Direct Plan Growth Option	28.411	7.97%	437 cr	0.24%	Below Average

Best Low Duration Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	Expense RATIO	RISK
Kotak Low Duration Fund- Direct Plan- Growth Option	3465.521	8.20%	11,241 cr	0.42%	Average
ICICI Prudential Savings Fund Direct Plan Growth	524.696	8.19%	21,132 cr	0.42%	Above Average
HDFC Low Duration Direct Plan Growth Option	59.551	8.15%	17,719 cr	0.45%	Average
Mirae Asset Low Duration Fund Direct Plan Growth	2337.343	8.09%	1,249 cr	0.24%	Below Average
Axis Treasury Advantage Fund Direct Plan Growth Option	3083.699	8.06%	6,194 cr	0.35%	Average
Mahindra Manulife Low Duration Fund Direct Growth	1667.189	8.05%	579 cr	0.3%	Below Average
Aditya Birla Sun Life Low Duration Direct Plan Growth	691.454	8.03%	11,235 cr	0.42%	Below Average