HSBC Flexi Debt Fund Regular Plan Growth
Start your investment
- Fund Summary
- More about Fund
- Related funds
- Why Cleartax
|Fund Type||Dynamic Bond|
More about this fund
|6.64% Govt Stock 2035||24.65%|
|6.79% Govt Stock 2027||17.34%|
|5.15% Govt Stock 2025||16.53%|
|7.72% GS 2025||9.02%|
|6.68% Govt Stock 2031||8.47%|
|Indian Railway Finance Corporation Limited||8.37%|
|Net Current Assets (Including Cash & Bank Balances)||0.79%|
About HSBC Flexi Debt Fund
The Scheme is an open ended dynamic debt scheme investing across duration with an investment objective to deliver returns in the form of capital gains and interest income, along with high liquidity, commensurate with the current view on markets interest rate cycle, through active investment in debt and money market instruments.
Pros & Cons of HSBC Flexi Debt Fund
HSBC Flexi Debt Fund offers following features :-
- Investors are saved from the predicament on whether they should invest in long bond or short bond oriented schemes. The fund manager manages the portfolio allocation based on the interest rate cycle.
- The Scheme is likely to maintain appropriate duration from both G-Sec, SDL and corporate bonds. With overnight of 6.5%, bonds offer value at current levels.
- The Scheme has underperformed in 1 year, 3 year and 5 year horizon compared to both the category average and benchmark.
Fund Information and Statistics of HSBC Flexi Debt Fund
Inception / Launch date
The Scheme was launched on 5 October 2007. The Scheme is benchmarked against CRISIL Composite Bond Fund Index.
Being a debt fund, the scheme is moderately risky and suitable if the investment horizon is 3 years or more.
The Scheme is open for repurchase/redemptions on all business days. Redemption proceeds are despatched within 10 business days from the date of the receipt of valid redemption request at the official points of acceptance of transactions of the registrar and the AMC. The NAV is declared on all business days and published in two newspapers.
The Scheme is currently being managed by Mr. Sanjay Shah who is managing the scheme since January 2009. Mr. Shah is a Chartered Accountant and PGDM.
Entry / Exit load
There is no entry load or exit load charged by the fund house for subscriptions and redemptions, respectively in to the Scheme.
Tax benefits of investing in HSBC Flexi Debt Fund
Long Term Capital Gains (LTCG) taxed @20% after indexation if units are held for more than 36 months. Short term capital gains (STCG) are added to the income and taxed as per the income tax slab. It is advisable to hold the investment for more than 36 months to avail tax benefits. Investors do not pay any tax on dividends received but a Dividend Distribution Tax (DDT) is deducted by the fund house at source.
About HSBC Mutual Fund
HSBC Asset Management (India) Pvt Ltd, investment manager to HSBC Mutual Fund, is one of the leading asset management company in the country which offers a flexible product range to create wealth in the long term for individual and institutional customers. Mr Sridhar Chandrasekharan is the Global CEO of the Investment Manager of the fund house.
" Great investing experience! Contacted the support with queries.. Got immediate response and all my doubts clarified. Will definitely recommend ClearTax to friends "IT Developer, Bangalore
" I am new to investments and got all the information I need on your website. The suggestions for mutual fund investments and tax savings are great. "Software Engineer, Indore
" Investing through ClearTax is super easy and simple. It is extremely helpful for investors with less finance knowledge. "Campus Manager, Bangalore
Invest Now in 3 Easy Steps
Why ClearTax Invest?
- Our experts do all the research and offer only the BEST mutual funds
- Trusted by Over 25 Lakh Indians
- Invest in just 5 minutes
- No paperwork required
- Simple and easy to use
Frequently Asked Questions
- Read More
Start your investment
All investments come with risk. Risk is the volatility or fluctuation in the price (and returns) of the investment. Usually,
- High Risk = High possible returns
- Low Risk = Stable, relatively lower returns