HSBC Banking and PSU Debt Fund Direct-Growth

Q: What are the returns of HSBC Banking and PSU Debt Fund?

The HSBC Banking and PSU Debt Fund is a 12 yrs 3 m old fund and has delivered average annual returns of 7.6% since inception. HSBC Banking and PSU Debt Fund Returns 1-Year 3-Year 5-Year 10-Year Since Inception 9.07% 6.7% 6.34% 7.34% 7.6%

NAV as of Apr 23, 2025	Returns since inception	ET Money Rank	VRO Ratings
₹25.2792+0.05% 1 day change	7.6% p.a.	#NA View Ranked Funds	2

Historical NAV & returns

NAV: ₹25.2792 as on Apr 23, 2025

This fund Category average

HSBC Banking and PSU Debt Fund overview

VRO rating	2
Expense ratio	0.23% as on Mar 31, 2025
Exit load	0% Exit load of 0.50% if redeemed within 3 months!
AUM (Fund size)	₹4,251 Crs
Lock-in	No Lockin
Age	12 yrs 3 m since Jan 01, 2013
Benchmark	Nifty Banking & PSU Debt Index A-II
Min. investment	SIP ₹1000 & Lump. ₹10000
Risk	Moderate
Tax on your gains	Profits are added to your income and taxed as per your slab rate

HSBC Banking and PSU Debt 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 Apr 24, 2025

Period	This fund	Category average
1 month	1.83%	1.95%
3 months	3.21%	3.3%
6 months	4.92%	5.0%
1 year	9.07%	9.71%
3 years	6.7%	7.4%
5 years	6.34%	6.87%
7 years	7.03%	7.49%
10 years	7.34%	7.58%

Asset allocationas on Mar 31, 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 72.45%

SOV 20.14%

A1+ 6.1%

Cash & Call Money 1.01%

Top Debt Holdings

GOI 18.31%

National Bank For Agriculture & Rural Development 6.22%

Power Finance Corporation Ltd. 5.98%

Indian Railway Finance Corporation Ltd. 5.19%

Allocation by Instruments

Debenture 26.05%

Bonds 24.97%

GOI Securities 18.310000000000002%

Non Convertible Debenture 16.14%

Other Holdings

Others 0.3%

Peer comparison

Fund name	ETM Rank	AUM (in Crs.)	Fund age	Expense ratio
HSBC Banking and PSU Debt Fund	N.A.	₹4,251 Crs	12 yrs 3 m	0.23%
ICICI Prudential Banking & PSU Debt Fund	N.A.	₹10,368 Crs	12 yrs 3 m	0.39%
Axis Banking & PSU Debt Fund	N.A.	₹12,961 Crs	12 yrs 3 m	0.35%
LIC MF Banking & PSU Fund	N.A.	₹1,702 Crs	12 yrs 3 m	0.28%
Bandhan Banking & PSU Debt Fund	N.A.	₹13,397 Crs	12 yrs 1 m	0.33%
Aditya Birla Sun Life Banking & PSU Debt Fund	N.A.	₹8,588 Crs	12 yrs 3 m	0.39%

Fund name	1M	6M	1Y	3Y	5Y	10Y
HSBC Banking and PSU Debt Fund	1.83%	4.92%	9.07%	6.7%	6.34%	7.34%
ICICI Prudential Banking & PSU Debt Fund	1.79%	5.06%	9.56%	7.84%	7.41%	7.99%
Axis Banking & PSU Debt Fund	1.8%	4.96%	9.33%	7.11%	6.71%	7.64%
LIC MF Banking & PSU Fund	2.2%	5.23%	10.05%	7.4%	6.55%	7.37%
Bandhan Banking & PSU Debt Fund	1.57%	4.76%	9.26%	7.12%	6.87%	7.6%
Aditya Birla Sun Life Banking & PSU Debt Fund	2.0%	5.08%	9.89%	7.45%	7.1%	7.96%

Fund name	Std. deviation	Beta	Sharpe	Sortino
HSBC Banking and PSU Debt Fund	1.83	3.56	-0.22	-0.19
ICICI Prudential Banking & PSU Debt Fund	0.84	1.39	1.24	1.59
Axis Banking & PSU Debt Fund	0.95	1.84	0.38	0.54
LIC MF Banking & PSU Fund	1.16	2.26	0.46	0.69
Bandhan Banking & PSU Debt Fund	0.96	2.06	0.38	0.47
Aditya Birla Sun Life Banking & PSU Debt Fund	1.04	2.09	0.55	0.7

View all Banking And Psu funds

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

Alpha	7.0 vs. 3.97 Higher outperformance against benchmark
Sharpe	-0.22 vs. 3.21 Poor risk-adjusted returns
Beta	3.56 vs. 1.44 More sensitive to market's ups & downs
Standard deviation	1.83 vs. 1.25 More volatile performance

Compare HSBC Banking and PSU Debt Fund in detail with

About this fund

About HSBC Banking and PSU Debt Fund

HSBC Banking and PSU Debt Fund Direct-Growth is a Banking and PSU mutual fund scheme from Hsbc Mutual Fund. This fund has been in existence for 12 yrs 3 m, having been launched on 01/01/2013. HSBC Banking and PSU Debt Fund Direct-Growth has ₹4,251 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 Banking and PSU Debt Fund Direct-Growth as of 23/04/2025 is ₹25.28. The fund has an expense ratio of 0.23%, which is less than what most other Banking And Psu funds charge.

HSBC Banking and PSU Debt Fund Direct-Growth returns of last 1-year are 9.09%. Since launch, it has delivered 7.60% average annual returns. The fund has doubled the money invested in it every 10 yrs.
HSBC Banking and PSU Debt Fund Direct-Growth scheme's ability to deliver returns consistently is lower than most funds of its category. Its ability to control losses in a falling market is low.
The fund's credit profile is very high indicating it has lent to borrowers whose quality is excellent. Most funds in this category lend to better borrowers and hence the risk of default in this fund is higher than the category.
The fund's top holdings are in GOI, National Bank For Agriculture & Rural Development, Power Finance Corporation Ltd., Indian Railway Finance Corporation Ltd., NTPC Ltd..

...

Fund AUM	₹4,251 Crs as on Mar 31, 2025
Scheme document	View Scheme Document

Fund managers

Mahesh A Chhabria

Mr. Chhabria is a Commerce Graduate and has also pursued FCA and CFA. Prior to joining HSBC MF, he has worked with L&T AMC, Edelweiss Securities Ltd, Darivium Traditions Pvt. Ltd. and FIL Fund Management Pvt. Ltd.

Asif Rizwi

Mr. Rizwi has done B.Tech and PGDM from IIM-C Prior to joining HSBC MF, he has worked with L&T MF, Yes Bank, ICICI Bank, Nomura International plc and Deutsche Bank

Investment objective

The scheme aims to generate reasonable returns by primarily investing in debt and money market securities that are issued by Banks, Public Sector Undertakings and Public Financial Institutions in India.

HSBC Mutual Fund details

No. of schemes	42 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

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HSBC Gilt Fund	N.A.	₹251 Crs	12.7%	8.56%
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HSBC Medium Duration Fund	N.A.	₹658 Crs	10.77%	8.01%
HSBC Medium to Long Duration Fund	N.A.	₹49 Crs	11.75%	7.72%
HSBC CRISIL IBX 50:50 Gilt Plus SDL Apr 2028 Index Fund	N.A.	₹1,894 Crs	9.97%	7.49%
HSBC Corporate Bond Fund	N.A.	₹5,808 Crs	9.96%	7.4%

See all Debt funds from this AMC

Frequently asked questions

What is the current NAV of HSBC Banking and PSU Debt Fund?

The current Net Asset Value (NAV) of the HSBC Banking and PSU Debt Fund - Direct Growth plan is approximately ₹25.2792 as of Apr 23, 2025.

What are the returns of this mutual fund scheme?

The HSBC Banking and PSU Debt Fund is a 12 yrs 3 m old fund and has delivered average annual returns of 7.6% since inception.

HSBC Banking and PSU Debt Fund Returns

1-Year	3-Year	5-Year	10-Year	Since Inception
9.07%	6.7%	6.34%	7.34%	7.6%

How much does this mutual fund charge as expense ratio?

The HSBC Banking and PSU Debt Fund - Direct Growth has an expense ratio of 0.23%, 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 Banking and PSU Debt Fund currently has assets under management (AUM) or fund size valued at approximately ₹4,251 Crs crore as of Mar 31, 2025.

To whom does HSBC Banking and PSU Debt Fund lend to?

The top 3 debt holdings of HSBC Banking and PSU Debt Fund are as follows

Holding Name	Percentage of Portfolio
GOI	18.31%
National Bank For Agriculture & Rural Development	6.22%
Power Finance Corporation Ltd.	5.98%

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 Banking and PSU Debt Fund allocation by credit quality is given below

Credit Quality	Percentage of Portfolio
AAA	72.45%
SOV	20.14%
A1+	6.1%

What is risk level of HSBC Banking and PSU Debt Fund?

This is a Banking And Psu 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 Banking and PSU Debt 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 Banking and PSU Debt 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 Banking and PSU Debt Fund is complete.

How can I redeem my investments in HSBC Banking and PSU Debt Fund?

Redeeming your investments in HSBC Banking and PSU Debt 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 Banking and PSU Debt Fund from anywhere else, you can go to the fund house website and put a request through it.

ET Money rank

in Banking and PSU

#NA

Exit Load: This fund has no exit load.
Return Consistency: This fund ranks lower in terms of generating consistent return in it's category.
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.