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Fund Overview

Fund Size

Fund Size

₹2,100 Cr

Expense Ratio

Expense Ratio

0.21%

ISIN

ISIN

INF336L01OR1

Minimum SIP

Minimum SIP

₹1,000

Exit Load

Exit Load

No Charges

Inception Date

Inception Date

29 Jan 2020

About this fund

HSBC Ultra Short Duration Fund Direct Growth is a Ultra Short Duration mutual fund schemes offered by HSBC Mutual Fund. This fund has been in existence for 4 years, 3 months and 19 days, having been launched on 29-Jan-20.
As of 17-May-24, it has a Net Asset Value (NAV) of ₹1262.57, Assets Under Management (AUM) of 2100.02 Crores, and an expense ratio of 0.21%.
  • HSBC Ultra Short Duration Fund Direct Growth has given a CAGR return of 5.57% since inception.
  • The fund's asset allocation comprises around 0.00% in equities, 34.28% in debts, and 65.45% in cash & cash equivalents.
  • You can start investing in HSBC Ultra Short Duration Fund Direct Growth with a SIP of ₹1000 or a Lumpsum investment of ₹5000.

Performance against Category Average

In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.

1 Year

+7.44%

+6.12% (Cat Avg.)

3 Years

+5.80%

+5.13% (Cat Avg.)

Since Inception

+5.57%

(Cat Avg.)

Portfolio Summaryas of 15th April 2024

Debt719.86 Cr34.28%
Others1,380.16 Cr65.72%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
TrepsCash - Repurchase Agreement250.8 Cr11.05%
Net Current Assets (Including Cash & Bank Balances)Cash - Collateral-152.16 Cr6.71%
National Bank For Agriculture And Rural DevelopmentBond - Corporate Bond99.25 Cr4.37%
India (Republic of)Bond - Short-term Government Bills97.24 Cr4.29%
Aditya Birla Finance LimitedCash - Commercial Paper96.77 Cr4.26%
Canara BankBond - Gov't Agency Debt74.18 Cr3.27%
Axis Bank LimitedCash - CD/Time Deposit72.73 Cr3.21%
ICICI Bank Ltd.Bond - Corporate Bond65.55 Cr2.89%
Larsen And Toubro LimitedBond - Corporate Bond63.78 Cr2.81%
Power Finance Corporation LimitedBond - Corporate Bond53.55 Cr2.36%
Power Finance Corporation LimitedBond - Corporate Bond51.43 Cr2.27%
7.35% Govt Stock 2024Bond - Gov't/Treasury51.19 Cr2.26%
SBICAP Securities LtdCash - Commercial Paper49.7 Cr2.19%
SBICAP Securities LtdCash - Commercial Paper49.63 Cr2.19%
Bank Of BarodaCash - CD/Time Deposit49.46 Cr2.18%
HDFC Bank LimitedCash - CD/Time Deposit49.45 Cr2.18%
Axis Bank LimitedCash - CD/Time Deposit49.39 Cr2.18%
Small Industries Development Bank Of IndiaCash - CD/Time Deposit49.38 Cr2.18%
LIC Housing Finance LimitedCash - Commercial Paper49.38 Cr2.18%
Bajaj Housing Finance LimitedCash - Commercial Paper49.31 Cr2.17%
India (Republic of)Bond - Short-term Government Bills48.94 Cr2.16%
NTPC Ltd.Cash - Commercial Paper48.5 Cr2.14%
ICICI Bank LimitedCash - CD/Time Deposit48.1 Cr2.12%
HDFC Bank LimitedCash - CD/Time Deposit47.73 Cr2.10%
Bajaj Housing Finance Ltd.Cash - Commercial Paper47.37 Cr2.09%
ICICI Bank Ltd.Bond - Corporate Bond47.23 Cr2.08%
Kotak Mahindra Bank Limited (Formerly Kotak Mahindra Finance Limited)Cash - CD/Time Deposit47.18 Cr2.08%
National Bank For Agriculture And Rural DevelopmentCash - CD/Time Deposit47.14 Cr2.08%
Panatone Finvest LimitedCash - Commercial Paper47.13 Cr2.08%
Panatone Finvest LtdBond - Corporate Bond47.12 Cr2.08%
Bank Of BarodaCash - CD/Time Deposit47.04 Cr2.07%
Axis Bank Ltd.Bond - Corporate Bond47 Cr2.07%
Bank Of BarodaCash - CD/Time Deposit46.96 Cr2.07%
Small Industries Development Bank of IndiaBond - Corporate Bond46.95 Cr2.07%
HDFC Bank LimitedCash - CD/Time Deposit46.89 Cr2.07%
Icici Securities LimitedCash - Commercial Paper46.81 Cr2.06%
Rural Electrification Corporation LimitedBond - Corporate Bond41.78 Cr1.84%
08.44 MH Sdl 2024Bond - Gov't/Treasury41.61 Cr1.83%
LIC Housing Finance LtdBond - Corporate Bond30.28 Cr1.33%
HDFC Bank LimitedBond - Corporate Bond26.64 Cr1.17%
LIC Housing Finance LtdBond - Corporate Bond26.63 Cr1.17%
LIC Housing Finance LtdBond - Corporate Bond26.4 Cr1.16%
Rec LimitedBond - Corporate Bond25.67 Cr1.13%
Power Finance Corporation LimitedBond - Corporate Bond25.55 Cr1.13%
India (Republic of)Bond - Short-term Government Bills24.34 Cr1.07%
Canara BankCash - CD/Time Deposit16.08 Cr0.71%
CDMDF CLASS A2Mutual Fund - Open End6.05 Cr0.27%

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

InstrumentsAmount sortHoldings sort
Bond - Corporate Bond724.83 Cr31.94%
Cash - CD/Time Deposit617.55 Cr27.21%
Cash - Commercial Paper484.61 Cr21.36%
Cash - Repurchase Agreement250.8 Cr11.05%
Bond - Short-term Government Bills170.52 Cr7.51%
Cash - Collateral-152.16 Cr6.71%
Bond - Gov't/Treasury92.8 Cr4.09%
Bond - Gov't Agency Debt74.18 Cr3.27%
Mutual Fund - Open End6.05 Cr0.27%

Risk & Performance Ratios

Standard Deviation

This fund

0.55%

Cat. avg.

0.73%

Lower the better

Sharpe Ratio

This fund

0.67

Cat. avg.

-0.83

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

-0.13

Higher the better

Fund Managers

Kapil Punjabi

Kapil Punjabi

Since May 2024

MC

Mahesh Chhabria

Since November 2022

Additional Scheme Detailsas of 15th April 2024

ISININF336L01OR1Expense Ratio0.21%Exit LoadNo ChargesFund Size₹2,100 CrAge29 Jan 2020Lumpsum Minimum₹5,000Fund StatusOpen Ended Investment CompanyBenchmarkNIFTY Ultra Short Duration Debt TR INR

Investment ObjectiveInvestment Objective

To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.

Tax Treatment

Withdrawal (irrespective of holding period)

Realised Gain (capital gains) are taxed at your marginal income tax rate

Note: Mutual funds are subject to capital gains taxation with surcharge and cess, based on prevailing income tax rules and investor income. Taxation applies to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.

Similar Ultra Short Duration Funds

Fund nameExpense RatioExit LoadFund size
1Y
PGIM India Ultra Short Duration Fund Regular Growth

Low to Moderate Risk

0.9%0.0%₹240.88 Cr6.6%
Canara Robeco Ultra Short Term Fund Regular Growth

Low to Moderate Risk

0.9%0.0%₹525.85 Cr6.5%
Baroda BNP Paribas Ultra Short Duration Fund Regular Growth

Low to Moderate Risk

0.5%0.0%₹1259.19 Cr7.3%
Baroda BNP Paribas Ultra Short Duration Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹1259.19 Cr7.5%
LIC MF Ultra Short Duration Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹284.82 Cr6.9%
LIC MF Ultra Short Duration Fund Regular Growth

Low to Moderate Risk

0.9%0.0%₹284.82 Cr6.3%
UTI Ultra Short Term Fund Regular Growth

Moderate Risk

1.0%0.0%₹2349.32 Cr6.9%
Nippon India Ultra Short Duration Fund Regular Growth

Moderate Risk

1.1%0.0%₹5653.60 Cr6.9%
Mahindra Manulife Ultra Short Duration Fund Regular Growth

Moderate Risk

0.7%0.0%₹220.10 Cr7.1%
Mahindra Manulife Ultra Short Duration Fund Direct Growth

Moderate Risk

0.3%0.0%₹220.10 Cr7.5%

About the AMC

Total AUM

₹1,10,045 Cr

Address

16, V N Road, Mumbai, 400 001

Other Funds by HSBC Mutual Fund

Fund nameExpense RatioExit LoadFund size
1Y
HSBC Consumption Fund Direct Growth

Very High Risk

0.8%1.0%₹1243.63 Cr-
HSBC Balanced Advantage Fund Direct Growth

High Risk

0.8%1.0%₹1421.95 Cr23.0%
HSBC Infrastructure Fund Direct Growth

Very High Risk

1.0%1.0%₹2410.04 Cr66.3%
HSBC Aggressive Hybrid Fund Direct Growth

Very High Risk

0.8%1.0%₹5367.33 Cr34.1%
HSBC Value Fund Direct Growth

Very High Risk

0.8%1.0%₹12067.47 Cr56.9%
HSBC Credit Risk Fund Direct Growth

Moderately High risk

0.9%3.0%₹571.64 Cr7.2%
HSBC Banking & PSU Debt Direct Growth

Low to Moderate Risk

0.2%0.0%₹4634.35 Cr6.6%
HSBC Midcap Fund Direct Growth

Very High Risk

0.7%1.0%₹10342.47 Cr64.1%
HSBC ELSS Fund Direct Growth

Very High Risk

1.1%0.0%₹3888.63 Cr44.2%
HSBC Equity Savings Fund Direct Growth

Moderately High risk

0.6%0.0%₹274.96 Cr23.7%
HSBC Low Duration Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹418.94 Cr7.7%
HSBC Short Duration Fund Direct Growth

Moderate Risk

0.3%0.0%₹3648.10 Cr6.8%
HSBC Corporate Bond Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹5985.83 Cr6.3%
HSBC Dynamic Bond Fund Direct Growth

Moderate Risk

0.2%0.0%₹162.29 Cr7.1%
HSBC Money Market Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹1157.74 Cr7.4%
HSBC Gilt Fund Direct Growth

Moderate Risk

0.5%0.0%₹194.95 Cr6.9%
HSBC Medium Duration Direct Growth

Moderate Risk

0.4%0.0%₹801.50 Cr7.4%
HSBC Focused Fund Direct Growth

Very High Risk

0.9%1.0%₹1650.01 Cr38.2%
HSBC Business Cycles Fund Direct Growth

Very High Risk

1.3%1.0%₹833.40 Cr51.7%
HSBC Overnight Fund Direct Growth

Low Risk

0.1%0.0%₹1863.15 Cr6.8%
HSBC Conservative Hybrid Fund Direct Growth

Moderately High risk

1.3%0.0%₹106.85 Cr15.8%
HSBC Large Cap Fund Direct Growth

Very High Risk

1.2%1.0%₹1759.39 Cr33.8%
HSBC Global Emerging Markets Fund Direct Growth

Very High Risk

1.6%1.0%₹32.43 Cr15.6%
HSBC Brazil Fund Direct Growth

Very High Risk

1.9%1.0%₹39.19 Cr8.3%
HSBC Medium to Long Duration Fund Direct Growth

Moderate Risk

0.7%0.0%₹46.36 Cr6.4%
HSBC Liquid Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹18761.75 Cr7.3%
HSBC Flexi Cap Fund Direct Growth

Very High Risk

1.2%1.0%₹4399.08 Cr44.0%
HSBC Tax Saver Equity Fund Direct Growth

Very High Risk

1.6%0.0%₹220.35 Cr42.0%
HSBC Ultra Short Duration Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹2100.02 Cr7.4%
HSBC CRISIL IBX 50:50 Gilt Plus SDL Apr 2028 Index Fund Direct Growth

Moderate Risk

0.2%0.0%₹1882.30 Cr6.5%
HSBC Small Cap Fund Direct Growth

Very High Risk

0.7%1.0%₹14619.42 Cr51.9%
HSBC Global Equity Climate Change Fund of Fund Direct Growth

Very High Risk

1.4%1.0%₹127.24 Cr12.4%
HSBC Managed Solutions India Conservative Direct Growth

Moderately High risk

0.5%1.0%₹27.38 Cr9.2%
HSBC Managed Solutions India Moderate Direct Growth

High Risk

0.9%1.0%₹57.34 Cr25.6%
HSBC Managed Solutions India Growth Direct Growth

Very High Risk

1.0%1.0%₹40.59 Cr30.4%
HSBC CRISIL IBX Gilt June 2027 Index Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹226.76 Cr6.4%
HSBC Arbitrage Fund Direct Growth

Low Risk

0.3%0.0%₹2110.87 Cr8.3%
HSBC Nifty Next 50 Index Fund Direct Growth

Very High Risk

0.3%1.0%₹109.99 Cr64.5%
HSBC Nifty 50 Index Fund Direct Growth

Very High Risk

0.2%1.0%₹246.41 Cr24.7%
HSBC Large & Mid Cap Fund Direct Growth

Very High Risk

0.9%1.0%₹2768.75 Cr49.8%
HSBC Multi Cap Fund Direct Growth

Very High Risk

0.6%1.0%₹2976.09 Cr61.3%
HSBC Asia Pacific (Ex Japan) Dividend Yield Fund Direct Growth

Very High Risk

1.6%1.0%₹6.31 Cr18.0%

Risk Level

Your principal amount will be at Low to Moderate Risk

Low to Moderate Risk
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The NAV of HSBC Ultra Short Duration Fund Direct Growth, as of 17-May-2024, is ₹1262.57.
The fund has generated 7.44% over the last 1 year and 5.80% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
The fund's allocation of assets is distributed as 0.00% in equities, 34.28% in bonds, and 65.45% in cash and cash equivalents.
The fund managers responsible for HSBC Ultra Short Duration Fund Direct Growth are:-
  1. Kapil Punjabi
  2. Mahesh Chhabria