MF Gyan
debtLow risk6 years old

HSBC Corporate Bond Fund Direct Monthly IDCW

Invests in bonds and loans. Lower returns than equity but much less bumpy — often used for shorter goals. From HSBC Mutual Fund. It's been running since 30 Sep 2020.

Latest price per unit
₹10.1322
▲ 0.01% today
As of 25 Nov 2022 · updated once each business day

What ₹1 lakh would have become

Based on past returns
Invested 1 year ago
₹99.4k
▼ ₹588 loss · -0.6% / year

These are calculations from the fund's past prices, not a prediction. Real future returns can and often do differ.

SIP simulator

Play with a monthly investment

Slide the amount and switch the duration. Left column uses real past prices. Right column projects forward using this fund's historical rate — a calculation, not a prediction.

₹5.0k
Looking back · real
You would have invested₹60.0k
Value today₹59.7k
Gain / loss-₹275
XIRR (annualised)-0.87%
Looking forward · hypothetical
You would invest₹60.0k
Would become*₹59.7k
Projected gain*+-₹284
*at this fund's historical rate of -0.87% per year. Actual future returns can be different — sometimes very different.
Value Cumulative invested
Reality check. The backward SIP is real math on real past NAVs. The forward projection assumes the fund keeps up its historical rate — which rarely happens exactly. Past performance is not a promise. MF Gyan does not recommend any specific investment.
How it compares to peers

Vs 89 other funds in Debt Scheme - Corporate Bond Fund

Same plan
1-year return
-0.59%median 3.90% (-4.48%)
Rank #72 of 90Beats 20% of peers
Bumpiness (3Y)
1.71%median 2.81% (-1.10%)
Rank #33 of 90Less risky than 64% of peers
Worst-ever drop
-1.77%median -5.40% (+3.63%)
Rank #76 of 90Less risky than 16% of peers

Descriptive rankings within the same category and plan. Not a recommendation — one fund beating another historically does not mean it will continue to do so.

Year by year

Calendar-year returns. 2 of last 3 years were positive.

+2%
2020
+0%
2021
-1%
2022
Best year
2020 · 1.64%
Worst year
2022 · -0.85%

Price over time

How the per-unit price has moved. Tap a range to zoom in.

Bumpiness & worst drops

Day-to-day bumpiness
1.7%

The value swings roughly 2% up or down in a typical year. Finance-speak calls this volatility.

Worst drop ever
-1.77%

A lump sum invested at the previous peak would have temporarily lost about this much before recovering. Finance-speak calls this max drawdown.

Similar funds you might want to look at

Same category, same plan, sorted by 3-year return. Not recommendations — just neighbours.

Head-to-head comparisons

Side-by-side comparisons of HSBC Corporate Bond Fund Direct Monthly IDCW against other debt funds.

Technical details (for the pros)
CAGR — 1 year-0.59%
CAGR — 3 years—
CAGR — 5 years—
CAGR — since launch0.59%
Volatility — 1 year (annualised)1.75%
Volatility — 3 years (annualised)1.71%
Max drawdown — 1 year-1.74%
Max drawdown — 3 years-1.77%
Sharpe ratio — 1 year (rf=6%)-3.77
Sharpe ratio — 3 years (rf=6%)-3.15

Fund info

Fund house
HSBC Mutual Fund
Category
Debt Scheme - Corporate Bond Fund
Plan
Direct
Option
IDCW
ISIN (Growth)
—
ISIN (Div re-invest)
—
Fund code
148493
First price on record
30 Sep 2020 · 521 daily prices

About HSBC Corporate Bond Fund Direct Monthly IDCW

HSBC Corporate Bond Fund Direct Monthly IDCW is a Debt Scheme - Corporate Bond Fund offered by HSBC Mutual Fund under the Direct plan with the IDCW option. It has approximately 6 years of NAV track record. The fund falls in the debt category — Invests in bonds and loans. Lower returns than equity but much less bumpy — often used for shorter goals.

The current NAV of HSBC Corporate Bond Fund Direct Monthly IDCW is ₹10.1322 (as of 25 Nov 2022). Historically, it has delivered -0.59% over the last year. Returns are historical and don't predict future performance.

Over the last three years, the fund's prices have moved with 1.7% annualised volatility — a "low" level of bumpiness; its deepest peak-to-trough fall on record was 1.8%. Being mentally prepared for drawdowns of this size is what separates long-term investors from reactive traders.

Frequently asked

What is the latest NAV of HSBC Corporate Bond Fund Direct Monthly IDCW?+

The latest NAV of HSBC Corporate Bond Fund Direct Monthly IDCW is ₹10.1322 as of 25 Nov 2022, up 0.01% from the previous day. NAV is updated once a business day after the market close.

What are the returns of HSBC Corporate Bond Fund Direct Monthly IDCW?+

HSBC Corporate Bond Fund Direct Monthly IDCW has delivered 1-year return -0.59%, since-inception CAGR 0.59%. Returns are historical and don't predict future performance — markets move in cycles.

What category does HSBC Corporate Bond Fund Direct Monthly IDCW belong to?+

HSBC Corporate Bond Fund Direct Monthly IDCW is categorised as Debt Scheme - Corporate Bond Fund. Invests in bonds and loans. Lower returns than equity but much less bumpy — often used for shorter goals.

How risky is HSBC Corporate Bond Fund Direct Monthly IDCW?+

Based on its 3-year annualised volatility of 1.7%, HSBC Corporate Bond Fund Direct Monthly IDCW sits in the "low" risk bucket. Volatility measures how much prices swing — higher means bigger ups and downs along the way.

Is HSBC Corporate Bond Fund Direct Monthly IDCW a direct plan?+

HSBC Corporate Bond Fund Direct Monthly IDCW is a Direct plan (no distributor commission — lower expense ratio) with the IDCW option (periodic distributions, taxable at your slab rate).

How old is HSBC Corporate Bond Fund Direct Monthly IDCW?+

HSBC Corporate Bond Fund Direct Monthly IDCW has NAV history available from 30 Sep 2020 — approximately 6 years of track record and 521 daily NAV observations.

Numbers are computed from stored daily prices from mfapi.in/AMFI. This is descriptive analytics, not investment advice. Past performance is not indicative of future returns.