L&T Banking and PSU Debt Fund - IDCW - Regular Plan

₹10.7886 0.16 %Nav, as on 01-02-2023
Previous Nav
₹ 10.7712
Net Change on 01-02-2023
₹0.02
PersonalFN Rating
Unrated
Category
Debt - Banking and PSU Fund
Assets (Cr.)
₹ 4,578.53
Expense Ratio
0.61%
(As on Dec 31, 2022)

Fund Overview IDCW | Regular Plan

Fund House
HSBC Mutual Fund
Launch Date
20-Sep-2007
Benchmark
Crisil 10 Yr Gilt Index
Minimum Investment (₹)
5,000
Minimum Addl Investment (₹)
1,000
Exit Load (%)
Nil
Minimum SIP Investment (₹)
1,000
Minimum STP Investment (₹)
500
Minimum SWP Investment (₹)
500
52 Week Low Nav (₹)
19.48
52 Week Low Nav Date
09-May-2022
52 Week High Nav (₹)
20.31
52 Week High Nav Date
25-Jan-2023

Fund Objective

The investment objective of 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. There is no assurance that the investment objective of the Scheme will be realized and the Scheme does not assure or guarantee any returns.

Fund Performance

Scheme Name	1-Month Return (%)	3-Month Return (%)	1-Year Return (%)	3-Year Return (%)	5-Year Return (%)	Since Inception
HSBC Banking and PSU Debt Fund - Regular Monthly IDCW	6.34	7.28	2.17	4.71	5.47	3.90
Crisil 10 Yr Gilt Index	N/A	N/A	N/A	N/A	N/A	N/A
NIFTY Banking and PSU Debt Index	N/A	N/A	N/A	N/A	N/A	N/A

Returns upto 1 year is Annualised, and above 1 year are Compounded Annualised

Peer Fund Comparison

Scheme Name	Launch Date	Ratings	1-Year Return (%)	3-Year Return (%)	5-Year Return (%)	Expense Ratio (%)	Assets (Cr.)
HSBC Banking and PSU Debt Fund - Regular Monthly IDCW	Sep 20, 2007	Unrated	2.17	4.71	5.47	0.61	4,578.53
IDFC-IDFC Banking & PSU Debt Fund - Regular Daily IDCW	Feb 10, 2014		4.04	5.73	6.47	0.62	14,408.41
IDFC-IDFC Banking & PSU Debt Fund - Regular Fortnightly IDCW	Mar 13, 2013		3.98	5.60	6.37	0.62	14,408.41
IDFC-IDFC Banking & PSU Debt Fund - Regular IDCW	Mar 07, 2013		3.98	3.91	6.17	0.62	14,408.41
IDFC-IDFC Banking & PSU Debt Fund - Regular Monthly IDCW	Mar 13, 2013		3.98	5.66	6.44	0.62	14,408.41
IDFC-IDFC Banking & PSU Debt Fund - Regular Quarterly IDCW	Mar 13, 2013		3.98	5.66	6.29	0.62	14,408.41

Fund Holdings as on 31-December-2022

Company % Assets
5.74% GOI 15NOV2026
12.57
5.63% GOI 12APR2026
10.90
National Bank for Agriculture & Rural Development**
8.57
Small Industries Development Bank of India**
6.62
Power Finance Corporation Limited**
6.51
Indian Oil Corporation Limited**
6.20
Rec Limited**
3.65
Small Industries Development Bank of India**
2.77
GOI 06.79% 15MAY2027
2.71
Housing & Urban Development Corporation Limited**
2.54
Rec Limited**
2.41
Axis Bank Limited**
2.34
Indian Railway Finance Corporation Limited**
2.31
Indian Railway Finance Corporation Limited**
2.29
Export Import Bank of India**
2.26
Indian Oil Corporation Limited**
2.20
7.38% GOI 20JUN2027
2.20
HDFC Bank Limited**
2.03
Rec Limited**
1.71
Treps
1.71
Export Import Bank of India**
1.69
Power Finance Corporation Limited**
1.60
Indian Railway Finance Corporation Limited**
1.46
Power Grid Corporation of India Limited**
1.34
Power Grid Corporation of India Limited**
1.13
National Bank for Agriculture & Rural Development^
1.12
Export Import Bank of India**
1.11
NTPC Limited**
0.82
Indian Railway Finance Corporation Limited**
0.68
Export Import Bank of India**
0.65
NTPC Limited**
0.63
Power Grid Corporation of India Limited**
0.58
Power Grid Corporation of India Limited**
0.56
Power Finance Corporation Limited**
0.56
Power Grid Corporation of India Limited**
0.55
Indian Oil Corporation Limited**
0.53
Power Grid Corporation of India Limited**
0.12
Kotak Mahindra Bank Limited**
0.12
GOI 07.35% 22JUN24
0.11
Nuclear Power Corporation Of India Limited**
0.08
Housing Development Finance Corporation Limited**
0.06
NTPC Limited**
0.01
Export Import Bank of India**
0.01
Net Current Assets (including cash & bank balances)
-0.01

Sector Holding%
Miscellaneous
69.82

Fund Manager

Mahesh Chhabria

Education:BCom, FCA (ICAI), CFA (ICFAI), FRM (GARP)
Experience:11 Years
Basic Details:Mr. Mahesh Chhabria has 10 Years of experience in Mutual fund industry. At present he is in FIL Fund Management Private Limited as Credit Analyst and Assistant Portfolio Manager.
Funds Managed:
HSBC Overnight Fund
HSBC Overnight Fund
HSBC Ultra Short Duration Fund
HSBC Ultra Short Duration Fund
HSBC Banking and PSU Debt Fund
HSBC Low Duration Fund
HSBC Banking and PSU Debt Fund
HSBC Low Duration Fund

Jalpan Shah

Most Recent Dividend

Dividend Details

Record Date Dividend (%)
27/01/2023
0.60
27/12/2022
0.50
21/11/2022
0.50
27/10/2022
0.50
27/09/2022
0.50
26/08/2022
0.50
26/07/2022
0.50
28/06/2022
0.50
26/05/2022
0.50
26/04/2022
0.50
28/03/2022
0.50
28/02/2022
0.50
27/01/2022
0.40
28/12/2021
0.40
26/11/2021
0.40
26/10/2021
0.40
28/09/2021
0.50
26/08/2021
0.50
27/07/2021
0.50
28/06/2021
0.50
27/05/2021
0.50
27/04/2021
0.50
26/03/2021
0.50
26/02/2021
0.50
27/01/2021
0.50
29/12/2020
0.50
26/11/2020
0.50
27/10/2020
0.50
28/09/2020
0.50
26/08/2020
0.50
28/07/2020
0.50
26/06/2020
0.50
27/05/2020
0.50
28/04/2020
0.50
27/03/2020
0.50
26/02/2020
0.50
28/01/2020
0.50
27/12/2019
0.50
26/11/2019
0.50
29/10/2019
0.50
26/09/2019
0.50
27/08/2019
0.50
26/07/2019
0.50
26/06/2019
0.50
28/05/2019
0.50
26/04/2019
0.50
26/03/2019
0.50
26/02/2019
0.50
28/01/2019
0.50
27/12/2018
0.50
27/11/2018
0.40
26/10/2018
0.40
26/09/2018
0.40
28/08/2018
0.50
26/07/2018
0.50
26/06/2018
0.50
28/05/2018
0.50
26/04/2018
0.50
27/03/2018
0.50
27/02/2018
0.50
29/01/2018
0.50
27/12/2017
0.50
28/11/2017
0.50
26/10/2017
0.60
26/09/2017
0.60
29/08/2017
0.60
26/07/2017
0.60
26/04/2017
0.60
29/03/2017
0.50
28/02/2017
0.50
27/01/2017
0.50
27/12/2016
0.50
28/11/2016
0.50
26/10/2016
0.50
27/09/2016
0.60
26/08/2016
0.50
26/07/2016
1.00
28/06/2016
0.50
26/05/2016
0.50
26/04/2016
0.50
29/03/2016
0.50
26/02/2016
0.50
27/01/2016
0.50
29/12/2015
0.50
27/11/2015
0.50
27/10/2015
0.60
29/09/2015
0.60
26/08/2015
0.60
28/07/2015
0.70
26/06/2015
0.70
26/05/2015
0.50
28/04/2015
0.70
26/03/2015
0.60
26/02/2015
0.60
28/01/2015
0.56
29/12/2014
0.60
26/11/2014
0.60
28/10/2014
0.70
26/09/2014
0.60
26/08/2014
0.60
28/07/2014
0.60
26/06/2014
0.60
27/05/2014
0.70
28/04/2014
0.60
26/03/2014
0.90
26/02/2014
0.50
28/01/2014
0.70
27/12/2013
0.60
26/11/2013
0.50
28/10/2013
0.80
26/09/2013
0.80
27/08/2013
0.80
26/06/2013
0.50
28/05/2013
0.60
26/04/2013
0.70
26/03/2013
0.60
26/02/2013
0.60
29/01/2013
0.60
27/12/2012
0.50
30/11/2012
0.74
29/10/2012
0.44

Holding Type Holding %
CARE AAA
14.03
Cash
1.70
CRISIL AAA
42.63
ICRA AAA
13.16
SOVEREIGN
28.49

About HSBC Banking and PSU Debt Fund

Scheme Analysis

HSBC Banking and PSU Debt Fund is a Debt - Banking and PSU Fund fund and belongs to HSBC Mutual Fund. It was launched on 20-Sep-2007 and currently has an AUM of ₹4,578.53 crore. HSBC Banking and PSU Debt Fund is benchmarked against Crisil 10 Yr Gilt Index as primary index and NIFTY Banking and PSU Debt Index as secondary index.

The NAV of HSBC Banking and PSU Debt Fund ended up ₹0.02(0.16%)yesterday to ₹10.7886.

Among its top 3 holdings the fund has exposure to 5.74% GOI 15NOV2026, and

The HSBC Banking and PSU Debt Fund is managed by Mahesh Chhabria and Jalpan Shah.

Fund House Contact

Address:

9-11 Floors, NESCO IT Park, Building No.3, Western Exp Highway, Goregaon (E) Mumbai - 400 063

Phone Number: +91 (22) 66145000

Email Address: hsbcmf@hsbc.co.in

Fax Number: +91 (22) 49146033

Website: www.assetmanagement.hsbc.com/in

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