HSBC Low 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.

Scheme Objective

The investment objective is to provide liquidity and reasonable returns by investing primarily in a mix of short term debt and money market instruments such that the Macaulay duration of the portfolio is between 6 months to 12 months.

Scheme Details

Fund manager(s) – Shriram Ramanathan , Mohd Asif Rizwi
Launch date – 01-Jan-2013
Expense ratio – 0.39% as declared on 30-Sep-2025 (category average is 0.33%)
Benchmark - NIFTY Low Duration Debt Index A-I

Min SIP amount - ₹
Min investment amount (one time- first time) - ₹
Min investment amount (addtional purchase) - ₹
Type : Open Ended Fund. You can invest any time in this fund.

Exit Load

Data not available.

Asset Monitor

Total AUM for this Scheme (Cr)

Category Total AUM (Cr)

% of Assets in Category

2025

1016.82

0.00

0.00%

Sep - 2025	1016.82	0.00%
Aug - 2025	813.13	0.00%
Jul - 2025	848.15	0.00%
Jun - 2025	644.29	0.00%
May - 2025	579.95	0.00%
Apr - 2025	509.74	0.00%
Mar - 2025	538.16	0.00%
Feb - 2025	531.31	0.00%
Jan - 2025	538.02	0.00%

2024

495.56

0.00

0.00%

Dec - 2024	495.56	0.00	0.00%
Nov - 2024	481.92	0.00	0.00%
Oct - 2024	420.18	0.00	0.00%
Sep - 2024	437.41	0.00	0.00%
Aug - 2024	459.19	0.00	0.00%
Jul - 2024	427.18	0.00	0.00%
Jun - 2024	432.92	0.00	0.00%
May - 2024	421.90	99329.46	0.42%
Apr - 2024	418.94	98173.46	0.43%
Mar - 2024	439.17	90208.75	0.49%
Feb - 2024	476.61	95671.89	0.50%
Jan - 2024	601.24	98950.73	0.61%

2023

512.09

96506.56

0.53%

Dec - 2023	512.09	96506.56	0.53%
Nov - 2023	568.66	105060.01	0.54%
Oct - 2023	517.37	105786.93	0.49%
Sep - 2023	465.64	106358.58	0.44%
Aug - 2023	477.21	105079.82	0.45%
Jul - 2023	491.15	106492.63	0.46%
Jun - 2023	453.24	96466.59	0.47%
May - 2023	443.15	92277.33	0.48%
Apr - 2023	442.47	92702.77	0.48%
Mar - 2023	444.95	85122.43	0.52%
Feb - 2023	467.92	91356.50	0.51%
Jan - 2023	457.22	93680.30	0.49%

2022

513.80

93900.56

0.55%

Dec - 2022	513.80	93900.56	0.55%
Nov - 2022	1079.70	93536.89	1.15%
Oct - 2022	702.65	93593.07	0.75%
Sep - 2022	658.68	95352.61	0.69%
Aug - 2022	784.63	102531.49	0.77%
Jul - 2022	776.18	99067.54	0.78%
Jun - 2022	808.87	99106.89	0.82%
May - 2022	814.42	105648.42	0.77%
Apr - 2022	877.86	114271.27	0.77%
Mar - 2022	842.98	109780.71	0.77%
Feb - 2022	832.52	121188.81	0.69%
Jan - 2022	843.52	125785.87	0.67%

2021

896.75

126365.61

0.71%

Dec - 2021	896.75	126365.61	0.71%
Nov - 2021	1357.03	138446.24	0.98%
Oct - 2021	1232.89	143727.94	0.86%
Sep - 2021	1327.41	139442.18	0.95%
Aug - 2021	1296.20	156215.87	0.83%
Jul - 2021	1047.74	161975.64	0.65%
Jun - 2021	848.60	152933.40	0.55%
May - 2021	814.63	145826.51	0.56%
Apr - 2021	909.24	135228.75	0.67%
Mar - 2021	999.81	126213.83	0.79%
Feb - 2021	879.87	143734.92	0.61%
Jan - 2021	992.23	138830.69	0.71%

2020

1247.76

146343.16

0.85%

Dec - 2020	1247.76	146343.16	0.85%
Nov - 2020	1036.24	147681.07	0.70%
Oct - 2020	1012.69	119876.27	0.84%
Sep - 2020	536.96	102968.12	0.52%
Aug - 2020	493.15	107820.64	0.46%
Jul - 2020	411.66	100111.85	0.41%
Jun - 2020	410.88	82521.04	0.50%
May - 2020	426.92	72939.74	0.59%
Apr - 2020	498.45	71639.05	0.70%
Mar - 2020	791.59	77073.71	1.03%
Feb - 2020	875.16	96550.58	0.91%
Jan - 2020	890.05	92357.34	0.96%

Tax Rate

Any profit will be clubbed with your income and taxed at your effective tax rate.

Contact Details

HSBC Asset Management (India) Private Ltd.

9-11 Floors, NESCO IT Park, Building no. 3, Western Express Highway, Goregaon (East) Mumbai 400063
Tel no.: 022-66145000
Fax no.: 022-40029600
Website.: https://www.assetmanagement.hsbc.co.in