As on 21 Nov 2024
HSBC Banking and PSU Debt Fund - Direct Growth
DebtNAV
₹ 24.22
CAGR (3 Years)
5.31%
AUM (Cr)
₹ 4,455.62
Risk
Moderate Risk
About HSBC Banking and PSU Debt Fund - Direct Growth
The Scheme is to seek to generate reasonable returns by primarily investing in debt and money market securities that are issued by banks, Public Sector undertakings(PSUs) and Public Financial Institutions(PFIs) in India.
Breakdown of this Fund
Debt Others
104.99%
Govt. Securities
84.01%
Market Capitalization
Expense Ratio, Exit Load and Tax
Expense Ratio
0.5
Exit Load
Nil
Stamp Duty
0.005% (from July 1st, 2020)
Tax Implication
Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.