March 27, 2024
mayank
HSBC Liquid Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by Chanakyamfguidance.com
NAV Growth: Rs 2,402.2452
Weekly NAV IDCW: Rs 1,195.1444
Monthly NAV IDCW: Rs 1,037.9887
Suitable For Which Investors?
“Liquid funds invest in bonds having maturity of up to three months. They are suitable to park the amount you have set aside to meet any emergency needs or any surplus money that you don’t need for a few weeks up to a year. You can expect to earn better returns than what you would get from a bank account.
The risk of incurring a loss in these funds is negligible but they do not guarantee returns or safety of capital. Though rare, there have been few instances when liquid funds have incurred losses.
Remember, these funds are geared to deliver only marginally higher returns than your bank account. They deliver steady, but low returns and are not suitable to build wealth in the long run.”
Fund’s Investment Strategy:
The scheme aims to provide reasonable returns, commensurate with low risk while providing a high level of liquidity, through a portfolio of money market and debt securities.
Fund Manager:
1) Kapil Punjabi
Education: Mr. Kapil Punjabi is MMS from Mumbai University.
Experience: Prior to joining HSBC Asset Management (India) Pvt. Ltd., he has worked with Taurus Asset Management Co. Ltd., Edelweiss Asset Management Ltd., Edelweiss Securities Ltd. and Trans Market Group Research (India) Pvt. Ltd.
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) | 500 |
| Min. Withdrawal (Rs) | 1,000 |
| Min. No of Cheques | 12 |
| Min. Balance (Rs) | 10,000 |
| Lock-in Period | NA |
| Exit Load | Exit load of 0.0070% if redeemed within 1 day |
| 0.0065% if redeemed within 2 days | |
| 0.0060% if redeemed within 3 days | |
| 0.0055% if redeemed within 4 days | |
| 0.0050% if redeemed within 5 days | |
| 0.0045% if redeemed within 6 days. |
Basic Details
| Fund House | HSBC Mutual Fund |
| Launch Date | 01-Jan-13 |
| Return Since Launch | 6.81% |
| Benchmark | NIFTY Liquid Index A-I |
| Riskometer | Low to Moderate |
| Type | Open-ended |
| Assets | Rs 19,885 Cr |
| (As on 29-Feb-2024) | |
| Expense | 0.12% |
| (As on 29-Feb-2024) | |
| Risk Grade | — |
| Return Grade | Average |
Trailing Returns (%) of HSBC Liquid Fund
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| HSBC Liquid Dir | 1.72 | 0.01 | 0.57 | 1.84 | 3.61 | 7.29 | 5.44 | 5.23 | 5.78 | 6.51 |
| CCIL T Bill Liquidity Weight | 1.05 | 0.01 | 0.39 | 1.13 | 2.29 | 4.70 | 3.23 | 3.28 | 3.53 | 4.01 |
| Debt: Liquid | 1.70 | 0.01 | 0.56 | 1.82 | 3.58 | 7.21 | 5.40 | 5.20 | 5.75 | 6.48 |
| Rank within category | 13 | 24 | 13 | 15 | 11 | 10 | 15 | 17 | 17 | 14 |
| Number of funds in category | 36 | 37 | 37 | 36 | 36 | 35 | 34 | 33 | 30 | 29 |
Peer Comparison of HSBC Liquid 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 Liquid Dir | 3 star | 7.29 | 5.44 | 5.23 | 0.12 | 19,885 | 6.81 | 0.01 (1) | 11Y 2M |
| ABSL Liquid Dir | 5 star | 7.32 | 5.49 | 5.33 | 0.21 | 43,962 | 6.89 | 0.01 (1) | 11Y 2M |
| Axis Liquid Dir | 4 star | 7.29 | 5.47 | 5.29 | 0.17 | 33,841 | 6.84 | 0.01 (1) | 11Y 2M |
| UTI Liquid Dir | 4 star | 7.28 | 5.46 | 5.27 | 0.18 | 26,477 | 6.81 | 0.01 (1) | 11Y 2M |
| Mirae Asset Liquid Dir | 4 star | 7.29 | 5.47 | 5.28 | 0.12 | 12,303 | 6.67 | 0.01 (1) | 11Y 2M |
Portfolio Breakup
| Fund | Category | |
| Number of Securities | 74 | 64 |
| Macaulay Duration (yrs) | 0.12 | 0.10 |
| Average Maturity (yrs) | 0.12 | 0.09 |
| Yield to Maturity (%) | 7.42 | 7.27 |
| Avg Credit Rating | AAA | — |
How to Invest in HSBC Liquid Fund?
Chanakya’s Mutual Fund Guidance For HSBC Liquid Fund
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