As on 21 Nov 2024
HSBC Corporate Bond Fund - Direct Growth
DebtNAV
₹ 73.74
CAGR (3 Years)
5.79%
AUM (Cr)
₹ 6,572.12
Risk
Moderate Risk
About HSBC Corporate Bond Fund - Direct Growth
The scheme seeks to provide regular and stable income to Unitholders. The corpus of the scheme would be invested primarily in debt market securities, such as non-convertible debentures, bonds issued by corporates, banks and government, commercial paper, certificates of deposits and other money marke
Breakdown of this Fund
Debt Others
97.54%
Govt. Securities
74.18%
Market Capitalization
Expense Ratio, Exit Load and Tax
Expense Ratio
0.25
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.