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HSBC Gilt Fund - Direct Growth
★★★★★ TopFund est.
TopFund Score (fallback rating)
- Calculated by: TopFund — used only when no third-party rating exists for this fund
- Formula: 3-year trailing return percentile within category, adjusted ±1 star for expense ratio
- Refresh frequency: Whenever TopFund re-syncs this fund's data
- Limitations: A simplified 2-factor estimate, not equivalent to a rating agency's full analysis
TopFund Score: 54/100 · Average
How this score is calculated
- Star rating (35%)2/5
- 3Y CAGR (30%)5.92%
- Expense ratio (20%)0.07%
- AUM (15%)₹395 Cr
Not investment advice — an analytical read of public fund data. Methodology →
HSBC Mutual Fund · Commodities · Gold
₹10.49
AUM: ₹394 Cr
NAV updated 7 days ago
Plan
Direct
Option
Growth
Expense Ratio
0.07%
Exit Load
Exit load of 1%, if redeemed within 15 days.
Fund Manager
Dipan S. Parikh
Inception
Mar 2026
Benchmark
Domestic Price of Gold
Sharpe Ratio
-1.1
Std Dev (1Y)
3.39%
Historical Returns (CAGR)
Annualized trailing returns computed from NAV history — past performance only, not a guarantee of future results.
1m
-0.23%
3m
+3.27%
6m
+1.76%
1y
+2.66%
3y
+5.92%
5y
—
10y
—
since inception
+6.0%
TopFund's Take on HSBC Gilt Fund - Direct Growth
HSBC Gilt Fund - Direct Growth sits in the middle of the pack for Gold funds, currently carrying a 2-star rating. Returns have been soft relative to what the category has offered — worth checking if this is a temporary phase or a longer pattern. TopFund's composite Health Score, which weighs rating, 3-year CAGR, expense ratio and fund size, puts it at 54/100.
Cost: At 0.07%, the expense ratio is meaningfully cheaper — about 63% below the Gold category average of 0.19% (based on 294 comparable funds). Lower costs compound in your favour over long holding periods.
Risk-adjusted performance: Over the trailing 1-year period, the fund shows a negative Sharpe ratio of -1.1 — over the past year, returns haven't kept pace with the volatility involved, even before accounting for the risk-free rate. Separately, annualised volatility of 3.39% is on the lower side for a Gold fund, suggesting a comparatively smoother ride.
Who should invest: This fund is best suited to investors whose goals and risk appetite align with a Commodities fund.
This is an automated, data-driven analysis based on the fund's own metrics and its category peers — not personalized investment advice. Consult a SEBI-registered advisor before investing.
Sector Allocation
Asset Allocation
Fund Snapshot
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Tools & Guides for This Fund
Frequently Asked Questions about HSBC Gilt Fund - Direct Growth
The current NAV (Net Asset Value) of HSBC Gilt Fund - Direct Growth is ₹10.49. NAV is updated every business day after market close by AMFI.
1Y: 2.66% · 3Y CAGR: 5.92%
The expense ratio of HSBC Gilt Fund - Direct Growth is 0.07% per annum. This is the annual fee charged by the fund to manage your investment.
HSBC Gilt Fund - Direct Growth is managed by Dipan S. Parikh at HSBC Mutual Fund.
HSBC Gilt Fund - Direct Growth is classified as a Gold risk fund. It is suitable for investors with a moderate risk appetite.
HSBC Gilt Fund - Direct Growth is a Gold fund. SIP suitability depends on your investment goal and risk profile.
You can start a SIP in HSBC Gilt Fund - Direct Growth with as little as ₹500 per month through most mutual fund platforms. The minimum lump sum investment is typically ₹1,000.
The Assets Under Management (AUM) of HSBC Gilt Fund - Direct Growth is ₹395 crore. AUM indicates the total market value of assets managed by the fund.
* Past performance is not indicative of future results. Mutual fund investments are subject to market risks.
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