Overview
HSBC Ultra Short Duration Fund Direct Growth
HSBC Mutual Fund
The scheme seeks to provide liquidity and generate reasonable returns with low volatility through investment in a portfolio comprising of debt & money market instruments.
Investments in HSBC Ultra Short Duration Fund Direct Growth are subject to market risks. Please read the offer document carefully before investing to understand the potential market risks and rewards.
Latest NAV
₹ 1355.091
Fund Size (AUM)
₹2259.77 Cr
Risk
Low to Moderate (Risk rating: 7/10)
Minimum Investment
Lumpsum: ₹ 5000
SIP: ₹1000
Launch Date
29-Jan-2020
Expense Ratio
0.22%
Exit Load
Nil
Benchmark
NIFTY Ultra Short Duration Debt Index A-I
Standard Deviation
0.45
History
Performance & Ratios
1-Year SIP Return
7.32%
3-Year SIP Return
7.32%
5-Year SIP Return
6.48%
Mean Return
-
Alpha
2.62
Beta
1.0
Sharpe Ratio
1.18
Sortino Ratio
1.11
Information Ratio
11.66
Returns
| 1Y | 3Y | 5Y | All Time | |
|---|---|---|---|---|
| Fund Returns | 7.83% | 7.04% | 5.89% | 6.43% |
| Category Average | 7.22% | 6.46% | 5.5% | N/A |
| Rank Within Category | 13 | 15 | 16 | N/A |
Holdings (44)
| Company | Sector | Instrument | Assets |
|---|---|---|---|
| LIC Housing Finance Ltd. | Financial | Debenture | 5.79% |
| Bank Of Baroda | Financial | CD | 5.48% |
| Canara Bank | Financial | CD | 4.39% |
| Reserve Bank of India | Financial | T-Bills | 4.38% |
| Union Bank of India | Financial | CD | 4.38% |
| Small Industries Devp. Bank of India Ltd. | Financial | CD | 4.37% |
| HDFC Bank Ltd. | Financial | Debenture | 3.53% |
| Axis Bank Ltd. | Financial | CD | 3.29% |
| HDFC Bank Ltd. | Financial | CD | 3.21% |
| Punjab National Bank | Financial | CD | 3.16% |
Holdings Analysis
Peer Comparison
Peer Comparison
| Fund Name | AUM (₹ Cr) | 1Y Return (%) | 3Y Return (%) | Expense Ratio (%) | Rating |
|---|---|---|---|---|---|
| Nippon India Ultra Short Duration Fund Direct Growth | 6497.63 | 8.11 | 7.38 | 0.38 | N/A |
| Axis Ultra Short Duration Fund Direct Growth | 4800.7 | 8.0 | 7.24 | 0.36 | N/A |
| ICICI Prudential Ultra Short Term Fund Direct Growth | 12673.77 | 7.92 | 7.22 | 0.39 | N/A |
| Sundaram Ultra Short Duration Fund Direct Growth | 1723.33 | 7.89 | 7.15 | 0.24 | N/A |
| UTI Ultra Short Duration Fund Direct Growth | 3142.9 | 7.92 | 7.09 | 0.37 | N/A |
SIP, STP & SWP Details
Systematic Investment Plan (SIP):
Frequency: Monthly
Min Amount: ₹ 1000
Multiplier: 1
Systematic Transfer Plan (STP):
Frequency: MONTHLY
Dates: Any day of the month
Min Amount: ₹ 500
Min Installments: 12
Systematic Withdrawal Plan (SWP):
Frequency: MONTHLY
Dates: Any day of the month
Min Amount: ₹ 500
Min Installments: 6
AMC Details
Asset Management Company
HSBC Mutual Fund
HSBC Mutual Fund started their mutual fund on 27/05/2002 and its managing total assets of Rs. 10,912 Cr. Its ranked at 23 as per total assets at end of 30th Sep 2017. HSBC Mutual Fund employs robust strategies to manage market risks, but investments remain subject to market risks. Please read the fund’s documentation for detailed risk management policies.
HSBC Mutual Fund was established on 27th May 2002 has an asset under management of Rs. 10621.84 crore (As of June 2018)
The asset management company believes in providing well-engineered products to its customers and they also target on developing an adequate solution base for their client.
The motto of the company is to connect customers to companies, so that their investor community may prosper. HSBC claims to work in a goal oriented format to bring about the best possible financial services to its investors. In this regard, HSBC offers a wide array of mutual funds across various categories so that may appeal to investors irrespective of their risk appetite, investment duration and even salary.
With a global presence in 26 locations, HSBC aims to bring about the best possible investment service to retail investors.
Launch Date
2002-05-27T00:00:00.320Z
Total AUM
₹ 115577.25 Cr
Address
9-11th Floor,NESCO - IT Park Bldg. 3,Western Express Highway, Goregaon East, Mumbai 400063
Phone
None
Sub Type
Gilt
Sub Type Info
Invest predominantly in Government Securities(minimum 80% of total assets). They are relatively more risky than the other debt funds due to fluctuating interest rates.
Tax Impact
Returns are taxed as per your Income Tax slab.
Stamp Duty
0.005% (from July 1st, 2020)
Fund Manager Details
Compare with Another Fund
HSBC Ultra Short Duration Fund Direct Growth
HSBC Mutual Fund
You May Be Interested In
Franklin India Money Market Fund Direct Growth
Money Market
Mahindra Manulife Short Duration Fund Direct Growth
Short Duration
HSBC Dynamic Bond Fund Direct Growth
Dynamic Bond
Edelweiss Money Market Fund Direct Growth
Money Market
DSP Low Duration Fund Direct Growth
Low Duration
Nippon India Gilt Securities Fund Direct Defined Maturity Date Growth
Gilt
DSP Bond Direct Growth
Medium Duration
Bandhan Money Manager Fund Direct Growth
Money Market
Baroda BNP Paribas Dynamic Bond Plan Direct Growth
Dynamic Bond
LIC MF Overnight Fund Direct Growth
Overnight
Explore More Mutual Funds
Equity Mutual Funds - Top Equity Fund Picks
Explore top equity mutual funds to diversify your portfolio. Filter by NAV, fund size, and more to find the best equity funds.
Hybrid Mutual Funds - Top Hybrid Funds
Find top hybrid mutual funds for balanced growth. Filter by NAV, fund size, and risk to choose the best hybrid funds.
Commodities Mutual Funds
Explore commodities mutual funds for diversification. Filter by NAV and fund size to find the best commodity funds.
ELSS Mutual Funds - Top Tax-Saving Funds
Discover top ELSS mutual funds for tax savings and growth. Filter by NAV, fund size, and AMC to find the best ELSS funds.
Large Cap Equity Funds
Find top large cap equity funds. Filter by AMC, NAV, and fund size to choose the best funds.
Frequently Asked Questions
How is the overall rating calculated?
The overall rating for HSBC Ultra Short Duration Fund Direct Growth is an aggregate score based on performance metrics (returns over 1, 3, and 5 years), risk-adjusted returns (Sharpe and Sortino ratios), and consistency relative to its category. Ratings are on a scale of 1 to 5, with 5 being the highest.
What are the top stocks of HSBC Ultra Short Duration Fund Direct Growth?
The top stocks held by HSBC Ultra Short Duration Fund Direct Growth include LIC Housing Finance Ltd., Bank Of Baroda, Canara Bank.
Which industries does HSBC Ultra Short Duration Fund Direct Growth invest in?
HSBC Ultra Short Duration Fund Direct Growth primarily invests in the following industries: Financial, Others.
Who is the fund manager of HSBC Ultra Short Duration Fund Direct Growth?
The fund manager of HSBC Ultra Short Duration Fund Direct Growth is Abhishek Iyer.
How many years has the fund manager been managing HSBC Ultra Short Duration Fund Direct Growth?
Abhishek Iyer: Calculating...
What is the minimum investment for HSBC Ultra Short Duration Fund Direct Growth?
The minimum investment for HSBC Ultra Short Duration Fund Direct Growth is ₹5000 for lumpsum investments and ₹1000 for SIPs.
What are the average 1-year returns for HSBC Ultra Short Duration Fund Direct Growth?
Calculating...
What are the average 3-year returns for HSBC Ultra Short Duration Fund Direct Growth?
Calculating...
What is the expense ratio of HSBC Ultra Short Duration Fund Direct Growth, and how does it compare to its category?
The expense ratio of HSBC Ultra Short Duration Fund Direct Growth is 0.22%. The average expense ratio for similar funds in the Debt is Calculating....