HSBC Medium Duration Fund Direct-Growth

Q: What are the returns of HSBC Medium Duration Fund?

The HSBC Medium Duration Fund is a 10 yrs 4 m old fund and has delivered average annual returns of 8.09% since inception. HSBC Medium Duration Fund Returns 1-Year 3-Year 5-Year 10-Year Since Inception 10.77% 8.89% 8.12% 8.08% 8.09%

NAV as of Jun 05, 2025	Returns since inception	ET Money Rank	AUM (Fund size)
₹22.3763+0.04% 1 day change	8.09% p.a.	#NA View Ranked Funds	₹649 Crs

Historical NAV & returns

NAV: ₹22.3763 as on Jun 05, 2025

This fund Category average

HSBC Medium Duration Fund overview

Expense ratio	0.4% as on May 31, 2025
Exit load	0% Exit load of 2% if redeemed within 1 year, 1.50% if redeemed after 1 year but within 2 years and 1% if redeemed after 2 years but within 3 years.!
AUM (Fund size)	₹649 Crs
Lock-in	No Lockin
Age	10 yrs 4 m since Jan 22, 2015
Benchmark	NIFTY Medium Duration Debt Index A-III
Min. investment	SIP ₹1000 & Lump. ₹5000
Risk	Moderate
Tax on your gains	Profits are added to your income and taxed as per your slab rate

HSBC Medium Duration Fund Returns calculator

Investment type

Monthly investment

₹ 10,000

Investment period

Lumpsum investment

₹1 lakh

Investment period

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.

Total investment ₹ 12 lakh
Profit ₹12 lakhs
Total corpus ₹1 lakh
Absolute return 52.69%

Trailing returns as on Jun 06, 2025

Period	This fund	Category average
1 Month	1.1%	0.91%
3 Months	4.04%	3.85%
6 Months	5.97%	5.72%
1 Year	10.77%	10.72%
2 Years	9.09%	8.82%
3 Years	8.89%	8.9%
4 Years	7.19%	7.63%
5 Years	8.12%	7.78%
7 Years	7.81%	7.29%
10 Years	8.08%	7.7%

Asset allocationas on Apr 30, 2025

Large Cap 0.0%

Mid Cap 0.0%

Small Cap 0.0%

Other Cap 0.0%

Top holdings

Bifurcation by Holding is not available for this fund

Top sectors

Bifurcation by Sector is not available for this fund

AAA 47.2%

SOV 25.62%

AA 18.41%

AA- 4.81%

Top Debt Holdings

GOI 18.97%

Small Industries Devp. Bank of India Ltd. 8.11%

Export-Import Bank Of India 8.01%

REC Ltd. 7.93%

Allocation by Instruments

Debenture 23.59%

Non Convertible Debenture 22.93%

GOI Securities 18.97%

Bonds 15.89%

Other Holdings

Others 0.34%

Peer comparison

Fund name	ETM Rank	AUM (in Crs.)	Fund age	Expense ratio
HSBC Medium Duration Fund	N.A.	₹649 Crs	10 yrs 4 m	0.4%
ICICI Prudential Medium Term Bond Fund	N.A.	₹5,732 Crs	12 yrs 5 m	0.74%
Axis Strategic Bond Fund	N.A.	₹1,930 Crs	12 yrs 5 m	0.55%
SBI Magnum Medium Duration Fund	N.A.	₹6,567 Crs	12 yrs 5 m	0.71%
Bandhan Income Plus Arbitrage FoF	N.A.	₹200 Crs	12 yrs 5 m	0.04%

Fund name	1M	6M	1Y	3Y	5Y	10Y
HSBC Medium Duration Fund	1.1%	5.97%	10.77%	8.89%	8.12%	8.08%
ICICI Prudential Medium Term Bond Fund	1.15%	5.71%	10.63%	8.88%	8.17%	8.38%
Axis Strategic Bond Fund	1.03%	5.75%	10.84%	9.04%	8.04%	8.55%
SBI Magnum Medium Duration Fund	0.97%	5.51%	10.37%	8.7%	7.41%	8.84%
Bandhan Income Plus Arbitrage FoF	0.83%	4.7%	9.37%	7.74%	6.46%	7.6%

Fund name	Std. deviation	Beta	Sharpe	Sortino
HSBC Medium Duration Fund	1.23	0.83	1.76	3.33
ICICI Prudential Medium Term Bond Fund	1.01	0.65	2.11	3.95
Axis Strategic Bond Fund	1.2	0.81	1.93	3.51
SBI Magnum Medium Duration Fund	1.16	0.77	1.67	2.94
Bandhan Income Plus Arbitrage FoF	0.91	N.A.	1.25	2.19

View all Medium Duration funds

Key risk & return ratios Compared to other funds in the category

Alpha	1.04 vs. 3.8 Underperformed at beating benchmark
Sharpe	1.76 vs. 3.41 Poor risk-adjusted returns
Beta	0.83 vs. 1.38 Less sensitive to market ups & downs
Standard deviation	1.23 vs. 1.79 More stable returns

Compare HSBC Medium Duration Fund in detail with

About this fund

About HSBC Medium Duration Fund

HSBC Medium Duration Fund Direct-Growth is a Medium Duration mutual fund scheme from Hsbc Mutual Fund. This fund has been in existence for 10 yrs 4 m, having been launched on 22/01/2015. HSBC Medium Duration Fund Direct-Growth has ₹649 Crores worth of assets under management (AUM) as on 31/03/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of HSBC Medium Duration Fund Direct-Growth as of 05/06/2025 is ₹22.38. The fund has an expense ratio of 0.4%, which is less than what most other Medium Duration funds charge.

HSBC Medium Duration Fund Direct-Growth returns of last 1-year are 10.88%. Since launch, it has delivered 8.10% average annual returns. The fund has doubled the money invested in it every 10 yrs.
HSBC Medium Duration Fund Direct-Growth scheme's ability to deliver returns consistently is in-line with most funds of its category. Its ability to control losses in a falling market is above average.
The fund's credit profile is high indicating it has lent to borrowers whose quality is great. Most funds in this category lend to similar borrowers and hence the risk of default in this fund is same as the category.
The fund's top holdings are in GOI, Small Industries Devp. Bank of India Ltd., Export-Import Bank Of India, REC Ltd., National Bank For Agriculture & Rural Development.

...

Fund AUM	₹649 Crs as on Mar 31, 2025
Scheme document	View Scheme Document

Fund managers

Shriram Ramanathan

Shriram is a B.E. (Electrical), PGDBM from XLRI Jamshedpur and CFA. Prior to joining HSBC Mutual Fund, he has worked with L&T MF, FIL Fund Management Pvt. Ltd., ING Investment Management, Zurich Asset Management Co., ICICI Ltd., and L&T Ltd.

Investment objective

The scheme seek to generate income by investing primarily in debt and money market securities.

HSBC Mutual Fund details

No. of schemes	38 view all schemes
Total AUM	₹1,24,514 Crs as on Mar 31, 2025
Address	9-11th Floor, NESCO - IT Park Bldg. 3, Western Express Highway, Goregaon East, Mumbai, 400063

More funds from HSBC Mutual Fund

Fund name	ETM Rank	AUM (in Crs.)	1Y	3Y
HSBC Gilt Fund	N.A.	₹282 Crs	10.87%	8.73%
HSBC Medium to Long Duration Fund	N.A.	₹50 Crs	10.99%	8.6%
HSBC CRISIL IBX 50:50 Gilt Plus SDL Apr 2028 Index Fund	N.A.	₹1,910 Crs	10.33%	8.58%
HSBC Dynamic Bond Fund	N.A.	₹168 Crs	11.31%	8.57%
HSBC Corporate Bond Fund	N.A.	₹5,712 Crs	10.32%	8.44%

See all Debt funds from this AMC

Frequently asked questions

What is the current NAV of HSBC Medium Duration Fund?

The current Net Asset Value (NAV) of the HSBC Medium Duration Fund - Direct Growth plan is approximately ₹22.3763 as of Jun 05, 2025.

What are the returns of this mutual fund scheme?

The HSBC Medium Duration Fund is a 10 yrs 4 m old fund and has delivered average annual returns of 8.09% since inception.

HSBC Medium Duration Fund Returns

1-Year	3-Year	5-Year	10-Year	Since Inception
10.77%	8.89%	8.12%	8.08%	8.09%

How much does this mutual fund charge as expense ratio?

The HSBC Medium Duration Fund - Direct Growth has an expense ratio of 0.4%, which reflects the fund's management and operating costs. This percentage is subtracted from the fund's annual returns, impacting net returns for investors.

What is the AUM or fund size of this mutual fund?

The HSBC Medium Duration Fund currently has assets under management (AUM) or fund size valued at approximately ₹649 Crs crore as of Mar 31, 2025.

To whom does HSBC Medium Duration Fund lend to?

The top 3 debt holdings of HSBC Medium Duration Fund are as follows

Holding Name	Percentage of Portfolio
GOI	18.97%
Small Industries Devp. Bank of India Ltd.	8.11%
Export-Import Bank Of India	8.01%

What is the quality of borrowers this mutual fund scheme lends to?

The credit rating of the instruments in which the fund invests represents the quality of the borrower.

The HSBC Medium Duration Fund allocation by credit quality is given below

Credit Quality	Percentage of Portfolio
AAA	47.2%
SOV	25.62%
AA	18.41%

What is risk level of HSBC Medium Duration Fund?

This is a Medium Duration fund comes with Moderate risk.

Is there any lock-in period in this mutual fund?

No, this fund does not have any lock-in period.

How do I invest in HSBC Medium Duration Fund?

It is very fast, easy, and completely paperless in this mutual fund scheme on ET Money. It is just a matter of a few minutes. Here's how:

For the Desktop Version:

Click on the "Invest Now" button at the top right, then scan the QR code to download the app.

For the Mobile Version:

Click on the "Invest on App" button at the bottom to download the app.
Once the app is downloaded:
Sign-up and complete your one time KYC process, or log in if you're already registered.
Search for HSBC Medium Duration Fund and choose the investment mode (Lump sum investment or a SIP). Then, enter your investment amount.
Fill in additional required details, including the bank account you'll use for payment, and confirm.

All set! Your investment in HSBC Medium Duration Fund is complete.

How can I redeem my investments in HSBC Medium Duration Fund?

Redeeming your investments in HSBC Medium Duration Fund is super easy. If you have invested in this fund via ET Money, just login into the app, go to the investment section and put the redemption request.

If you have invested in HSBC Medium Duration Fund from anywhere else, you can go to the fund house website and put a request through it.

ET Money rank

in Medium Duration

#NA

Return Outperformance: This fund has generated highest return amongst Medium Duration funds in the last 10 Years.
Exit Load: This fund has no exit load.
Volatility Protection: This fund ranks lower in terms of protecting against volatility within its category.
Return/Risk: The fund is performing poorly than its category.