L&T Triple Ace Bond Fund - Growth - Regular Plan

Item: L&T Triple Ace Bond Fund - Growth - Regular Plan
Rating: 2
Author: PersonalFN

₹60.4968 (-0.07%)Nav, as on 07-12-2022
Previous Nav
₹ 60.537
Net Change on 07-12-2022
₹-0.04
PersonalFN Rating
Category
Debt - Corporate Bond Fund
Assets (Cr.)
₹ 7,264.25
Expense Ratio
0.63%
(As on Oct 31, 2022)

Fund Overview Growth | Regular Plan

Fund House
HSBC Mutual Fund
Launch Date
31-Mar-1997
Benchmark
Crisil 10 Yr Gilt Index
Minimum Investment (₹)
5,000
Minimum Addl Investment (₹)
1,000
Exit Load (%)
0.50% on or before 3M, Nil after 3M
Minimum SIP Investment (₹)
1,000
Minimum STP Investment (₹)
500
Minimum SWP Investment (₹)
500
52 Week Low Nav (₹)
57.90
52 Week Low Nav Date
06-May-2022
52 Week High Nav (₹)
60.55
52 Week High Nav Date
01-Dec-2022

Fund Objective

To generate regular return by investing predominantly in AA+ and above rated debt and money market instruments.

Fund Performance

Scheme Name	1-Month Return (%)	3-Month Return (%)	1-Year Return (%)	3-Year Return (%)	5-Year Return (%)	Since Inception
HSBC Corporate Bond Fund - Regular Growth	15.18	3.67	1.80	6.24	7.12	7.25
Crisil 10 Yr Gilt Index	N/A	N/A	N/A	N/A	N/A	N/A
NIFTY Corporate Bond 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	1-Year Return (%)	3-Year Return (%)	5-Year Return (%)	Expense Ratio (%)	Assets (Cr.)
HSBC Corporate Bond Fund - Regular Growth	Mar 31, 1997	1.80	6.24	7.12	0.63	7,264.25
HDFC Corporate Bond Fund - Growth Option	Jun 29, 2010	2.92	6.32	6.97	0.61	23,230.26
IDFC Corporate Bond Fund - Regular Growth	Jan 12, 2016	2.27	5.85	6.36	0.61	16,438.22
ICICI Prudential Corporate Bond Fund - Growth	Aug 11, 2009	4.05	6.36	6.93	0.58	15,772.66
Aditya Birla Sun Life Corporate Bond Fund - Growth - Regular Plan	Mar 03, 1997	3.78	6.61	7.18	0.46	12,547.07
Kotak Corporate Bond Fund- Regular Plan-Growth Option	Sep 21, 2007	3.42	5.66	6.76	0.66	8,774.80

Fund Holdings as on 30-November-2022

Company % Assets
7.38% GOI 20JUN2027
9.33
07.26% GS 2029
7.43
Treps
6.77
GOI 07.17% 08JAN28
5.65
NTPC Limited**
4.78
National Highways Authority of India**
4.31
Indian Oil Corporation Limited**
4.24
Power Grid Corporation of India Limited**
3.98
HDFC Bank Limited**
3.79
Indian Railway Finance Corporation Limited**
3.74
National Bank for Agriculture & Rural Development**
3.61
ICICI Bank Limited**
3.28
GOI 06.79% 15MAY2027
3.13
National Highways Authority of India**
3.11
Export Import Bank of India**
2.94
NTPC Limited**
2.45
Housing & Urban Development Corporation Limited**
2.43
Housing Development Finance Corporation Limited**
2.21
National Bank for Agriculture & Rural Development**
2.15
Rec Limited**
1.61
Rec Limited**
1.52
Housing & Urban Development Corporation Limited**
1.39
Kotak Mahindra Bank Limited
1.38
Rec Limited
1.38
Power Grid Corporation of India Limited^
1.12
Rec Limited**
1.09
Indian Railway Finance Corporation Limited**
1.06
Housing Development Finance Corporation Limited**
0.84
Indian Railway Finance Corporation Limited**
0.84
Indian Railway Finance Corporation Limited**
0.79
National Bank for Agriculture & Rural Development**
0.73
National Highways Authority of India**
0.72
Power Grid Corporation of India Limited**
0.70
Indian Railway Finance Corporation Limited**
0.70
ICICI Bank Limited**
0.67
6.47% MAHARASHTRA 21OCT2028 SDL
0.66
National Bank for Agriculture & Rural Development**
0.52
National Bank for Agriculture & Rural Development**
0.52
National Bank for Agriculture & Rural Development**
0.44
Food Corporation of India Limited**
0.39
Housing & Urban Development Corporation Limited**
0.37
Housing Development Finance Corporation Limited**
0.36
National Bank for Agriculture & Rural Development**
0.34
National Highways Authority of India**
0.30
Housing & Urban Development Corporation Limited**
0.30
Nuclear Power Corporation Of India Limited**
0.29
Indian Railway Finance Corporation Limited**
0.29
Nuclear Power Corporation Of India Limited**
0.26
Export Import Bank of India**
0.23
Food Corporation of India Limited**
0.22
Power Grid Corporation of India Limited**
0.21
Power Grid Corporation of India Limited**
0.15
NHPC Limited**
0.15
Nuclear Power Corporation Of India Limited**
0.15
Nuclear Power Corporation Of India Limited**
0.14
Housing Development Finance Corporation Limited**
0.12
Housing Development Finance Corporation Limited**
0.10
Power Grid Corporation of India Limited**
0.07
Power Grid Corporation of India Limited**
0.07
Export Import Bank of India**
0.07
Rec Limited**
0.07
Indian Railway Finance Corporation Limited**
0.07
Net Current Assets (including cash & bank balances)
-2.74

Sector Holding%
Miscellaneous
69.78

Fund Manager

Shriram Ramanathan

Education:CFA, PGDBM, Bachelors Degree in Electrical Engineering
Experience:14 Years
Basic Details:Mr. Shriram Ramanathan has 14 years of experience .His previous assignments includes ING Investment Management Asia Pacific -Hong Kong,ING Investment Management (India) Private Limited,Zurich (India) Asset Management Company.
Funds Managed:
HSBC Liquid Fund
HSBC Medium to Long Duration Fund Fund
HSBC Gilt Fund
HSBC Credit Risk Fund
HSBC Dynamic Bond Fund
HSBC Aggressive Hybrid Fund
HSBC Low Duration Fund
HSBC Money Market Fund
HSBC Medium Duration Fund
HSBC Short Duration Fund
HSBC Corporate Bond Fund
HSBC Credit Risk Fund
HSBC Dynamic Bond Fund
HSBC Gilt Fund
HSBC Aggressive Hybrid Fund
HSBC Low Duration Fund
HSBC Money Market Fund
HSBC Medium Duration Fund
HSBC Short Duration Fund
HSBC Corporate Bond Fund

Jalpan Shah

Holding Type Holding %
CARE AAA
8.22
Cash
4.03
CRISIL AAA
54.46
CRISIL AAA (CE)
0.61
ICRA AAA
6.47
SOVEREIGN
26.20

About HSBC Corporate Bond Fund

Scheme Analysis

HSBC Corporate Bond Fund is a Debt - Corporate Bond Fund fund and belongs to HSBC Mutual Fund. It was launched on 31-Mar-1997 and currently has an AUM of ₹7,264.25 crore. HSBC Corporate Bond Fund is benchmarked against Crisil 10 Yr Gilt Index as primary index and NIFTY Corporate Bond Index as secondary index.

The NAV of HSBC Corporate Bond Fund ended down ₹-0.04(-0.07%)yesterday to ₹60.4968.

Among its top 3 holdings the fund has exposure to 7.38% GOI 20JUN2027, and

The HSBC Corporate Bond Fund is managed by Shriram Ramanathan 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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