May 20, 2025
mayank
HSBC Banking and PSU Debt Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by sahifund.com
NAV Growth: Rs 25.4910
Weekly NAV IDCW: Rs 10.3966
Monthly NAV IDCW: Rs 11.4271
Suitable For Which Investors?
“Banking and PSU funds invest mainly in bonds issued by banks, public sector undertakings (PSUs) and public financial institutions. They are suitable for a short investment horizon of two to three years, or for the fixed-income allocation in your longer-term portfolio. You can expect to earn higher returns than what a bank fixed deposit can fetch.
The risk of incurring a loss in these funds is low, but they do not guarantee returns or safety of capital like a bank deposit.
Remember, their returns may not be substantially higher than inflation. They are meant to deliver steady, but low to moderate returns and are not suitable to build wealth in the long run.”
Fund’s Investment Strategy:
The scheme aims to generate reasonable returns by primarily investing in debt and money market securities that are issued by Banks, Public Sector Undertakings and Public Financial Institutions in India.
Fund Manager:
1) Mahesh A Chhabria
Education: Mr. Chhabria is a Commerce Graduate and has also pursued FCA and CFA.
Experience: Prior to joining HSBC MF, he has worked with L&T AMC, Edelweiss Securities Ltd, Darivium Traditions Pvt. Ltd. and FIL Fund Management Pvt. Ltd.
2) Asif Rizwi
Education: Mr. Rizwi has done B.Tech and PGDM from IIM-C
Experience: Prior to joining HSBC MF, he has worked with L&T MF, Yes Bank, ICICI Bank, Nomura International plc and Deutsche Bank
Investment Details
| Min. Investment (Rs) | 5,000 |
| Min. Addl Investment (Rs) | 1,000 |
| Min. SIP Investment (Rs) | 1,000 |
| Min. Withdrawal (Rs) | 500 |
| Min. No of Cheques | 6 |
| Min. Balance (Rs) | 500 |
| Lock-in Period | NA |
| Exit Load | 0 |
Basic Details of HSBC Banking and PSU Debt Fund
| Fund House | HSBC Mutual Fund |
| Launch Date | 01-Jan-13 |
| Return Since Launch | 7.63% |
| Benchmark | Nifty Banking & PSU Debt Index A-II |
| Riskometer | Moderate |
| Type | Open-ended |
| Assets | Rs 4,272 Cr |
| (As on 30-Apr-2025) | |
| Expense | 0.23% |
| (As on 30-Apr-2025) | |
| Risk Grade | Above Average |
| Return Grade | Low |
Trailing Returns (%) of HSBC Banking and PSU Debt Fund
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| HSBC Banking & PSU Debt Dir | 4.49 | 0.11 | 1.11 | 3.60 | 5.28 | 9.36 | 7.57 | 6.08 | 7.14 | 7.37 |
| CCIL T Bill Liquidity Weight | 2.12 | 0.03 | 0.37 | 1.42 | 2.55 | 5.08 | 4.44 | 3.47 | 3.71 | 3.95 |
| Debt: Banking and PSU | 4.54 | 0.09 | 1.06 | 3.55 | 5.33 | 9.79 | 7.83 | 6.69 | 7.63 | 7.71 |
| Rank within category | 14 | 5 | 8 | 11 | 13 | 18 | 18 | 15 | 13 | — |
| Number of funds in category | 22 | 22 | 22 | 22 | 22 | 22 | 20 | 16 | 16 | 13 |
Peer Comparison of HSBC Banking and PSU Debt Fund
| Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | |
| HSBC Banking & PSU Debt Dir | 2 star | 9.36 | 7.57 | 6.08 | 0.23 | 4,272 | 7.63 | — | 12Y 4M |
| Bandhan Banking & PSU Debt Dir | 4 star | 9.35 | 7.55 | 6.62 | 0.33 | 13,560 | 7.89 | — | 12Y 2M |
| Axis Banking & PSU Debt Dir | 4 star | 9.49 | 7.45 | 6.52 | 0.35 | 13,313 | 7.93 | — | 12Y 4M |
| ICICI Pru Banking & PSU Debt Dir | 5 star | 9.55 | 8.14 | 7.21 | 0.39 | 10,447 | 8.29 | — | 12Y 4M |
| ABSL Banking & PSU Debt Dir | 4 star | 9.98 | 7.91 | 6.94 | 0.39 | 8,826 | 8.56 | — | 12Y 4M |
Portfolio Breakup
| Fund | Category | |
| Number of Securities | 55 | 62 |
| Macaulay Duration (yrs) | 3.14 | 3.60 |
| Average Maturity (yrs) | 3.72 | 5.06 |
| Yield to Maturity (%) | 6.78 | 6.81 |
| Avg Credit Rating | AAA | — |
Chanakya’s Mutual Fund Guidance For HSBC Banking and PSU Debt Fund
WILL Post Soon
Disclaimer: Mutual fund investments are subject to market risks. Read all scheme related documents carefully
Apply Online: https://invest.assetmanagement.hsbc.co.in/auth/login
>> Post your MF questions @ sahifund.com/ask-me/
>> NFO Guidance:
https://sahifund.com/category/nfos/
Quicklinks