May 21, 2025
mayank
HSBC Corporate Bond Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by sahifund.com
NAV Growth: Rs 77.7246
Yearly NAV IDCW: Rs 11.9558
Quarterly NAV IDCW: Rs 11.6020
Suitable For Which Investors?
“Corporate Bond funds invest mainly in high-grade corporate bonds (those with a credit rating of AA+ and above). 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 seeks to generate regular return by investing predominantly in AA+ and above rated corporate bonds.
Fund Manager:
1) 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
2) Shriram Ramanathan
Education: Shriram is a B.E. (Electrical), PGDBM from XLRI Jamshedpur and CFA.
Experience: Prior to joining HSBC Mutual Fund, he has worked with L&T MF, FIL Fund Management Pvt. Ltd., ING Investment Management, Zurich Asset Management Co., ICICI Ltd., and L&T Ltd.
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 Corporate Bond Fund
| Fund House | HSBC Mutual Fund |
| Launch Date | 01-Jan-13 |
| Return Since Launch | 7.79% |
| Benchmark | Nifty Corporate Bond Index A-II |
| Riskometer | Moderate |
| Type | Open-ended |
| Assets | Rs 5,712 Cr |
| (As on 30-Apr-2025) | |
| Expense | 0.30% |
| (As on 30-Apr-2025) | |
| Risk Grade | High |
| Return Grade | Below Average |
Trailing Returns (%) of HSBC Corporate Bond Fund
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| HSBC Corporate Bond Dir | 4.71 | 0.07 | 1.19 | 3.62 | 5.42 | 10.05 | 8.21 | 6.58 | 8.25 | 7.69 |
| VR Bond | 3.99 | 0.04 | 0.94 | 3.08 | 4.80 | 9.06 | 7.81 | 5.76 | 6.60 | 6.55 |
| Debt: Corporate Bond | 4.80 | 0.08 | 1.24 | 3.75 | 5.61 | 10.22 | 8.05 | 6.90 | 7.70 | 7.70 |
| Rank within category | 16 | 15 | 12 | 16 | 17 | 16 | 7 | 14 | 1 | 8 |
| Number of funds in category | 21 | 21 | 21 | 21 | 21 | 21 | 20 | 18 | 14 | 12 |
Peer Comparison of HSBC Corporate Bond 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 Corporate Bond Dir | 1 star | 10.05 | 8.21 | 6.58 | 0.30 | 5,712 | 7.79 | — | 12Y 4M |
| HDFC Corporate Bond Dir | 4 star | 10.35 | 8.40 | 7.20 | 0.36 | 32,657 | 8.27 | — | 12Y 4M |
| ICICI Pru Corporate Bond Dir | 5 star | 9.68 | 8.29 | 7.27 | 0.35 | 31,133 | 8.31 | — | 12Y 4M |
| Kotak Corporate Bond Dir | 4 star | 10.36 | 8.15 | 7.06 | 0.34 | 15,127 | 8.16 | — | 12Y 4M |
| Nippon India Corporate Bond Dir | 4 star | 10.72 | 8.58 | 7.55 | 0.36 | 6,998 | 8.15 | — | 12Y 4M |
Portfolio Breakup
| Fund | Category | |
| Number of Securities | 61 | 84 |
| Macaulay Duration (yrs) | 2.96 | 3.77 |
| Average Maturity (yrs) | 3.35 | 5.18 |
| Yield to Maturity (%) | 6.79 | 6.93 |
| Avg Credit Rating | AAA | — |
Chanakya’s Mutual Fund Guidance For HSBC Corporate Bond Fund
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