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hsbc ultra short duration fund growth direct
HSBC Ultra Short Duration Fund Growth Direct

HSBC Ultra Short Duration Fund Growth Direct

  • Low to Moderate Risk
  • Fixed Income
  • Ultra Short Duration
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NAV as on Jan 13, 2026
i
Price per unit of the scheme.
₹ 1,417.6850-0.01%1 Day Change
0.44%
Minimum Investment₹5000
Expense Ratio0.22%

FUND RATING

A holistic measure of the rank of a fund relative to its peers. Top funds receive a score of 5.
4
Scheme Rating
*Morningstar Rating Methodologyi
i

RISK-O-METER

Level of risk associated with a mutual fund to help investors make informed investment decisions
 

bt_logoFUND PERFORMANCE

As On Jan 01, 2023
Compare fund’s performance against category average across different time periods


No Data Found.
Returns <= 1 year are absolute and > 1 year are annualised (CAGR)
For calculating Category Return & Scheme Ranking, only Growth & Direct schemes are considered.

bt_logoFUND COMPARISON

1M3M6M1Y3Y5Y
This Fund
HSBC Ultra Short Duration Fund Growth Direct
VS
Fixed Income: Ultra Short Duration Average NAV
    Topper in Fixed Income: Ultra Short Duration
    All Fund


    No Data Found.
    *For the other fund, rescaled NAVs are used
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    bt_logoRETURN CALCULATOR

    Check the return on your investment in the fund
    HSBC Ultra Short Duration Fund Growth Direct
    Investment Type
    Monthly Investment
    Time Period (yrs)
    Annual Return in %
    • Invested Amount
      ₹0
    • Return
      ₹0
    • Current Value
      ₹0

    bt_logoFUND SUMMARY

    Benchmark
    NIFTY Ultra Short Duration Debt TR INR
    Expense Ratio
    0.22%
    Category Avg Expense Ratio
    0.33%
    Minimum Investment (Lumpsum/SIP)
    ₹ 5000 /₹ 1000
    Lock In (Years)
    No Lock-in
    Fund Size
    ₹ 4,058.99 Cr(As on Nov, 2025)
    Inception Date
    Jan 29, 2020
    Turnover
    - %
    Exit Load
    Nil

    bt_logoABOUT THE FUND

    Objective: The investment objective of the scheme is to provide liquidity and generate reasonable returns with low volatility through investment in a portfolio comprising of debt & money market instruments. However, there is no assurance that the investment objective of the scheme will be achieved.

    HSBC Ultra Short Duration Fund Growth Direct is an Fixed Income - Ultra Short Duration fund. The fund was launched inJan 29, 2020. Its risk level is . The NAV of the fund as onJan 13, 2026 is ₹1,417.69. Its expense ratio is 0.22 %. The fund has an AUM of ₹4,058.99 Cr.The fund is managed byMahesh Chhabria,Jalpan Shah,Kapil Punjabi,Abhishek Iyer,Rahul Totla.
    The minimum initial investment is  ₹5000 in Lumpsum mode.

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    bt_logoFUND MANAGER

    Mahesh Chhabria
    Mahesh Chhabria
    i
    Lead Fund Manager.
    Nov 26, 2022 - Present
    • Fund Manager Rank17Out of 24
      i
      Rank measured on the basis of consistent alpha the fund manager delivered in the same category over a period of three years (factors only Direct plan, Growth option)
    • Schemes managed16
    • Total AUM₹ 49,391.05 Cr
    • Highest Return In 1 Yr17.23 %
    Other Funds
    • table
    • card
    1M
    3M
    6M
    1Y
    3Y
    5Y
    Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size
    HSBC Banking & PSU Debt fund Direct Plan Growth Option
    ₹ 26.31
    0.22%
    0.25%
    Moderate Risk
    ₹4,413.44Cr
    HSBC Low Duration Fund Direct Plan Growth Option
    ₹ 31.30
    0.41%
    0.32%
    Low to Moderate Risk
    ₹1,269.89Cr
    HSBC Balanced Advantage Fund Direct Plan Growth Option
    ₹ 50.97
    -0.36%
    -0.64%
    High Risk
    ₹1,591.48Cr
    HSBC Banking & PSU Debt fund Direct Plan Growth Option
    Moderate Risk
    • NAV₹ 26.31
    • Fund Size₹4,413.44Cr
    Fund Return0.22%
    Category Return0.25%
    HSBC Low Duration Fund Direct Plan Growth Option
    Low to Moderate Risk
    • NAV₹ 31.30
    • Fund Size₹1,269.89Cr
    Fund Return0.41%
    Category Return0.32%
    HSBC Balanced Advantage Fund Direct Plan Growth Option
    High Risk
    • NAV₹ 50.97
    • Fund Size₹1,591.48Cr
    Fund Return-0.36%
    Category Return-0.64%
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)
    Jalpan Shah
    Jalpan Shah
    i
    Lead Fund Manager.
    Nov 26, 2022 - Present
    • Schemes managed13
    • Total AUM₹ 20,922.44 Cr
    • Highest Return In 1 Yr8.19 %
    Other Funds
    • table
    • card
    1M
    3M
    6M
    1Y
    3Y
    5Y
    Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size
    HSBC Corporate Bond Fund Direct Plan Growth Plan
    ₹ 80.39
    0.22%
    0.23%
    Moderate Risk
    ₹6,261.72Cr
    HSBC Banking & PSU Debt fund Direct Plan Growth Option
    ₹ 26.31
    0.22%
    0.25%
    Moderate Risk
    ₹4,413.44Cr
    HSBC Medium to Long Duration Fund - Direct Growth
    ₹ 47.60
    0.08%
    0.04%
    Moderate Risk
    ₹48.61Cr
    HSBC Corporate Bond Fund Direct Plan Growth Plan
    Moderate Risk
    • NAV₹ 80.39
    • Fund Size₹6,261.72Cr
    Fund Return0.22%
    Category Return0.23%
    HSBC Banking & PSU Debt fund Direct Plan Growth Option
    Moderate Risk
    • NAV₹ 26.31
    • Fund Size₹4,413.44Cr
    Fund Return0.22%
    Category Return0.25%
    HSBC Medium to Long Duration Fund - Direct Growth
    Moderate Risk
    • NAV₹ 47.60
    • Fund Size₹48.61Cr
    Fund Return0.08%
    Category Return0.04%
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)
    Kapil Punjabi
    Kapil Punjabi
    i
    Lead Fund Manager.
    May 1, 2024 - Present
    • Schemes managed16
    • Total AUM₹ 50,461.59 Cr
    • Highest Return In 1 Yr21.19 %
    Other Funds
    • table
    • card
    1M
    3M
    6M
    1Y
    3Y
    5Y
    Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size
    HSBC Medium Duration Fund Direct Growth
    ₹ 23.01
    0.39%
    0.37%
    Moderate Risk
    ₹787.59Cr
    HSBC Credit Risk Fund Direct Plan Growth
    ₹ 36.14
    0.40%
    0.60%
    Moderate Risk
    ₹523.45Cr
    HSBC Money Market Fund Direct Plan Growth Option
    ₹ 28.63
    0.44%
    0.32%
    Low to Moderate Risk
    ₹6,012.07Cr
    HSBC Medium Duration Fund Direct Growth
    Moderate Risk
    • NAV₹ 23.01
    • Fund Size₹787.59Cr
    Fund Return0.39%
    Category Return0.37%
    HSBC Credit Risk Fund Direct Plan Growth
    Moderate Risk
    • NAV₹ 36.14
    • Fund Size₹523.45Cr
    Fund Return0.40%
    Category Return0.60%
    HSBC Money Market Fund Direct Plan Growth Option
    Low to Moderate Risk
    • NAV₹ 28.63
    • Fund Size₹6,012.07Cr
    Fund Return0.44%
    Category Return0.32%
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)
    Abhishek Iyer
    Abhishek Iyer
    i
    Lead Fund Manager.
    Apr 1, 2025 - Present
    • Schemes managed7
    • Total AUM₹ 55,415.63 Cr
    • Highest Return In 1 Yr7.37 %
    Other Funds
    • table
    • card
    1M
    3M
    6M
    1Y
    3Y
    5Y
    Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size
    Mirae Asset Cash Management Fund Direct Plan Growth
    --
    ₹ 2,873.09
    0.48%
    0.38%
    Low to Moderate Risk
    ₹18,005.22Cr
    Mirae Asset Arbitrage Fund Direct Growth
    --
    ₹ 13.98
    0.70%
    0.53%
    Low Risk
    ₹3,804.66Cr
    Mirae Asset Overnight Fund Direct Growth
    --
    ₹ 1,366.72
    0.45%
    -%
    Low Risk
    ₹3,065.00Cr
    Mirae Asset Cash Management Fund Direct Plan Growth
    Low to Moderate Risk--
    • NAV₹ 2,873.09
    • Fund Size₹18,005.22Cr
    Fund Return0.48%
    Category Return0.38%
    Mirae Asset Arbitrage Fund Direct Growth
    Low Risk--
    • NAV₹ 13.98
    • Fund Size₹3,804.66Cr
    Fund Return0.70%
    Category Return0.53%
    Mirae Asset Overnight Fund Direct Growth
    Low Risk--
    • NAV₹ 1,366.72
    • Fund Size₹3,065.00Cr
    Fund Return0.45%
    Category Return--
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)
    Rahul Totla
    Rahul Totla
    i
    Lead Fund Manager.
    Jan 1, 2026 - Present
    • Schemes managed3
    • Total AUM₹ 24,528.68 Cr
    • Highest Return In 1 Yr7.09 %
    Other Funds
    • table
    • card
    1M
    3M
    6M
    1Y
    3Y
    5Y
    Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size
    HSBC Ultra Short Duration Fund Growth Direct
    ₹ 1,417.69
    0.44%
    0.31%
    Low to Moderate Risk
    ₹4,058.99Cr
    HSBC Overnight Fund Direct Growth
    --
    ₹ 1,394.56
    0.45%
    -%
    Low Risk
    ₹3,458.25Cr
    HSBC Liquid Fund Growth Direct
    --
    ₹ 2,710.17
    0.49%
    0.38%
    Low to Moderate Risk
    ₹17,011.44Cr
    HSBC Ultra Short Duration Fund Growth Direct
    Low to Moderate Risk
    • NAV₹ 1,417.69
    • Fund Size₹4,058.99Cr
    Fund Return0.44%
    Category Return0.31%
    HSBC Overnight Fund Direct Growth
    Low Risk--
    • NAV₹ 1,394.56
    • Fund Size₹3,458.25Cr
    Fund Return0.45%
    Category Return--
    HSBC Liquid Fund Growth Direct
    Low to Moderate Risk--
    • NAV₹ 2,710.17
    • Fund Size₹17,011.44Cr
    Fund Return0.49%
    Category Return0.38%
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

    bt_logoDETAILED PORTFOLIO

    As on Dec, 2025
    EQUITY (-%)
    DEBT (26.30%)
    CASH (73.47%)
    Allocation by Market Cap
    Other Cap(0.23%)
    Industry Holdings
    No Data For Allocation
    Stock Holdings
    No Data For Allocation

    bt_logoPERFORMANCE MEASURES

    Fund evaluation across critical parameters for better decision making. Study period is 3 years.
    • Consistency
      i
      It represents the consistency of a fund in beating its benchmark.
    • Downside Risk
      i
      Measured by Maximum Drawdown which shows the maximum loss from a peak to a nadir over a specified time period
      ----
    • Risk Adjusted Return
      i
      Risk adjusted return represents the return generated after factoring the risk taken to achieve it.
    • Volatility
      i
      Volatility represents the standard deviation of fund returns that is, how much the fund returns have deviated from the average.
    • Upside Capture Ratio
      i
      Fund performance relative to the index when the market is up. An upside capture ratio of >100 indicates better fund performance.
    • Downside Capture Ratio
      i
      Fund performance relative to the index when the market is down. A downside capture ratio of <100 indicates better fund performance.
      ----

    bt_logoHISTORICAL RISK MEASURES

    Statistical measures to evaluate mutual fund risk. All ratios are calculated for a three-year time duration.
    • Alpha: Excess return of the fund over benchmark
      i
      Any Alpha above zero is considered good. However, for comparison, a fund with a higher Alpha is considered better. Alpha is normally used in conjunction with Beta. If the Beta is high, it implies that the fund manager took a high risk to generate Alpha.
      -0.04
      This Fund
      VS
      -0.50
      Category Avg
    • R-Squared: How well the fund tracks benchmark
      i
      R-Squared measures the correlation of fund returns and its benchmark returns. It varies between 0 and 1. The metric, Beta makes no sense if R-Squared is equal to zero. Thus, both Beta and R-Squared should be used in conjunction. A fund with a high R-Squared and low Beta is considered a less risky fund.
      71.26
      This Fund
      VS
      47.39
      Category Avg
    • Beta: Risk of the fund in relation to benchmark
      i
      Beta >1 indicates that the fund is more volatile than its benchmark while Beta < 1 indicates that the fund is less volatile than its benchmark. The Beta of the benchmark is equal to 1.
      0.89
      This Fund
      VS
      0.84
      Category Avg
    • Sharpe Ratio: Risk adjusted return of the fund
      i
      Sharpe Ratio is a measure of return per unit of risk. A higher Sharpe ratio indicates better risk adjusted return given by the fund.
      2.68
      This Fund
      VS
      0.71
      Category Avg
    • Sortino Ratio: Return per unit of bad risk
      i
      A variation of Sharpe ratio, Sortino considers only the downside risk. Unlike Sharpe ratio which considers both good risk and bad risk, Sortino factors only the bad risk. A high Sortino ratio indicates better return for each unit of downside risk.
      15.48
      This Fund
      VS
      8.96
      Category Avg
    • Standard Devation: Volatility of the fund
      i
      Standard deviation is a measure of dispersion of fund returns from its average return. A fund with a higher Standard deviation is more volatile than a fund with a low standard deviation.
      0.27
      This Fund
      VS
      0.46
      Category Avg
    Benchmark used in calculation : S&P BSE 500 India TR INR

    bt_logoPEER ANALYSIS

    1M
    3M
    6M
    1Y
    3Y
    5Y
    • card
    • table
    Fund NameMorningstar RatingNAV Fund Return Category ReturnRisk Fund Size
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

    bt_logoTOP FUNDS FROM THIS AMC

    1M
    3M
    6M
    1Y
    3Y
    5Y
    • card
    • table
    Fund NameMorningstar RatingNAV Fund Return Category Return Risk Fund Size (Cr)
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

    bt_logoABOUT THE AMC

    company icon
    HSBC Asset Management (India) Private Ltd
    HSBC Asset Management (India) Private Ltd manages assets worth ₹ 1,40,064.20 crores. It’s current offering of mutual fund schemes includes 21 equity, 13 debt and 8 hybrid schemes.
    phone icon
    Phone
    +91 22 66145000
    mail icon
    Email
    hsbcmf@hsbc.co.in
    aum
    AUM
    ₹ 1,40,064.20 Cr (
    As on Nov 30, 2025
    )
    location
    Address
    16, V N Road, Mumbai,400 001

    bt_logoFAQ's

    What is the category of HSBC Ultra Short Duration Fund Growth Direct ?
    The category of HSBC Ultra Short Duration Fund Growth Direct is Fixed Income - Ultra Short Duration
    What is the current NAV of HSBC Ultra Short Duration Fund Growth Direct ?
    The current NAV of HSBC Ultra Short Duration Fund Growth Direct as on Jan 13, 2026 is ₹1,417.69
    How safe is HSBC Ultra Short Duration Fund Growth Direct ?
    The risk level of HSBC Ultra Short Duration Fund Growth Direct is Low to Moderate.
    What are short term returns given by HSBC Ultra Short Duration Fund Growth Direct ?
    The return given by HSBC Ultra Short Duration Fund Growth Direct in 1 month is 0.44%, 3 months is 1.37%, 6 months is 2.92%, and 1 year is 7.09%
    What are the long term returns given by HSBC Ultra Short Duration Fund Growth Direct ?
    The return given by HSBC Ultra Short Duration Fund Growth Direct in 3 years is 7.34% and 5 years is 6.14%.
    What is the expense ratio of HSBC Ultra Short Duration Fund Growth Direct ?
    The expense ratio of HSBC Ultra Short Duration Fund Growth Direct is 0.22%
    What is the AUM of HSBC Ultra Short Duration Fund Growth Direct ?
    The assets under Management (AUM) of HSBC Ultra Short Duration Fund Growth Direct is Rs 4,058.99 crores.
    What is the minimum investment in HSBC Ultra Short Duration Fund Growth Direct ?
    The minimum Lumpsum investment in HSBC Ultra Short Duration Fund Growth Direct is ₹5,000.00 and the minimum SIP investment in HSBC Ultra Short Duration Fund Growth Direct is ₹1,000.00
    What is the asset allocation of HSBC Ultra Short Duration Fund Growth Direct?
    HSBC Ultra Short Duration Fund Growth Direct has an exposure of 26.30% in Debt and 73.47% in Cash & Money Market Securities

    bt_logoCALCULATORS

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