HSBC Low Duration Fund - Regular Monthly IDCW

HSBC Low Duration Fund - Regular Monthly IDCW is a scheme launched by HSBC Mutual Fund on December 04, 2010, and falls under the Low Duration fund category. It currently manages an AUM of Rs 848.15 crore. The fund permits investments with a minimum SIP of Rs 0 and a lump sum of Rs 5000. It charges an expense ratio of 0.63% for managing the portfolio.

• Investing Strategy:

  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.

• Performance:

  HSBC Low Duration Fund - Regular Monthly IDCW trailing returns over different times are -0.06% (1 year), -0.04% (3 year) and -0.5% (5 year). The average annual return of this fund stands at 0.05%.