HSBC Medium to Long Duration Fund - Direct Plan - Growth

Regular

Regular and Direct options of the funds are exactly same except commission to your mutual fund broker/distributor. As an investor you do not need to pay any additional fees to purchase any of these options. However both have different expense ratios. Regular funds have higher expense ratio and direct funds have lower expense ratio. This difference is because of commission paid to broker/distributor. Lower expense ratio leads to higher returns for investors.
Direct

Regular and Direct options of the funds are exactly same except commission to your mutual fund broker/distributor. As an investor you do not need to pay any additional fees to purchase any of these options. However both have different expense ratios. Regular funds have higher expense ratio and direct funds have lower expense ratio. This difference is because of commission paid to broker/distributor. Lower expense ratio leads to higher returns for investors.

No of Debt Holding 14 (Category Avg - 26.46) | Modified Duration 5.50 Years (Category Avg - 5.75)| Yield to Maturity 6.86% (Category Avg - 6.96%)

Portfolio Summary (as on 31st Oct,2025)

Category - Medium to Long Duration Fund

Category - Medium to Long Duration Fund

Instrument	Type	Sector	Rating	Rating Agency	Value (Mn)	% of Total Holding	Quantity
Bond - Govt of India	GOI	Other			52.33	10.93%	5.00 L
Bond - Govt of India	GOI	Other			50.08	10.46%	5.00 L
Bond - Govt of India	GOI	Other			49.95	10.43%	5.00 L
Bond - Power Finance Corporation Ltd.	NCD & Bonds	Financial institution	AAA	CRISIL	42.72	8.92%	400.00
Bond - Indian Railway Finance Corporation Ltd.	NCD & Bonds	Financial institution	AAA	CRISIL	42.42	8.86%	400.00
Bond - Govt of India	GOI	Other			40.67	8.50%	4.00 L
Bond - Bajaj Finance Ltd.	NCD & Bonds	Non banking financial company (nbfc)	AAA	CRISIL	31.20	6.52%	300.00
Bond - Govt of India	GOI	Other			30.52	6.38%	3.00 L
Bond - National Highways Authority of India	NCD & Bonds	Road assets–toll, annuity, hybrid-annuity	AAA	CRISIL	26.11	5.45%	25.00
Bond - Export Import Bank Of India	NCD & Bonds	Financial institution	AAA	CRISIL	25.53	5.33%	25.00
Bond - Govt of India	GOI	Other			25.24	5.27%	2.51 L
Bond - National Thermal Power Corporation Ltd.	NCD & Bonds	Power generation	AAA	CRISIL	20.89	4.36%	20.00
Bond - Govt of India	GOI	Other			19.05	3.98%	2.00 L
Bond - National Bank for Agriculture & Rural Development	NCD & Bonds	Financial institution	AAA	CRISIL	10.25	2.14%	100.00

Name	Type of Instrument	Weight (%)
TREPS	TREPS	2.43%
Net Receivables	Net Receivables	0.04%