HSBC Banking and PSU Debt Fund - Regular Monthly IDCW

HSBC Banking and PSU Debt Fund - Regular Monthly IDCW is a scheme launched by HSBC Mutual Fund on September 12, 2012, and falls under the Banking and PSU fund category. It currently manages an AUM of Rs 4,572.44 crore. The fund permits investments with a minimum SIP of Rs 1000 and a lump sum of Rs 5000. It charges an expense ratio of 0.61% for managing the portfolio.

• Investing Strategy:

  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.

• Performance:

  HSBC Banking and PSU Debt Fund - Regular Monthly IDCW trailing returns over different times are -0.15% (1 year), -0.75% (3 year) and -1.34% (5 year). The average annual return of this fund stands at 0.5%.