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HSBC Ultra Short Duration Fund - Direct Monthly IDCW
★★★★★ 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: 55/100 · Average
How this score is calculated
- Star rating (35%)4/5
- 3Y CAGR (30%)0.02%
- Expense ratio (20%)0.35%
- AUM (15%)₹176 Cr
Not investment advice — an analytical read of public fund data. Methodology →
HSBC Mutual Fund · Income/Debt Oriented · Ultra Short Term Fund
₹1,015.34
AUM: ₹176 Cr
NAV updated 15 days ago
Plan
Direct
Option
Idcw
Risk
Low to Moderate
Expense Ratio
0.35%
Exit Load
Nil
Fund Manager
Kumaresh Ramakrishnan, Kunal Jain
Inception
Jan 2013
Benchmark
CRISIL Ultra Short Duration Debt A-I Index
Sharpe Ratio
-3.18
Std Dev (1Y)
1.95%
Historical Returns (CAGR)
Annualized trailing returns computed from NAV history — past performance only, not a guarantee of future results.
1m
+0.04%
3m
-0.16%
6m
+0.2%
1y
+0.17%
3y
+0.02%
5y
+0.11%
10y
+7.23%
since inception
+0.22%
TopFund's Take on HSBC Ultra Short Duration Fund - Direct Monthly IDCW
HSBC Ultra Short Duration Fund - Direct Monthly IDCW sits in the middle of the pack for Ultra Short Term Fund funds, backed by a 4-star rating. TopFund's composite Health Score, which weighs rating, 3-year CAGR, expense ratio and fund size, puts it at 55/100.
Cost: At 0.35%, the expense ratio is roughly in line with the Ultra Short Term Fund category average of 0.33% — cost isn't a standout factor either way for this fund.
Risk-adjusted performance: Over the trailing 1-year period, the fund shows a negative Sharpe ratio of -3.18 — 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 1.95% is on the lower side for a Ultra Short Term Fund fund, suggesting a comparatively smoother ride.
Who should invest: This fund is best suited to investors whose goals and risk appetite align with a Income/Debt Oriented 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.
Fund Snapshot
Tools & Guides for This Fund
Frequently Asked Questions about HSBC Ultra Short Duration Fund - Direct Monthly IDCW
The current NAV (Net Asset Value) of HSBC Ultra Short Duration Fund - Direct Monthly IDCW is ₹1015.34. NAV is updated every business day after market close by AMFI.
1Y: 0.17% · 3Y CAGR: 0.02% · 5Y CAGR: 0.11%
The expense ratio of HSBC Ultra Short Duration Fund - Direct Monthly IDCW is 0.35% per annum. This is the annual fee charged by the fund to manage your investment.
HSBC Ultra Short Duration Fund - Direct Monthly IDCW is managed by Kumaresh Ramakrishnan, Kunal Jain at HSBC Mutual Fund.
HSBC Ultra Short Duration Fund - Direct Monthly IDCW is classified as a Low to Moderate risk fund. It is suitable for investors with a moderate risk appetite.
HSBC Ultra Short Duration Fund - Direct Monthly IDCW is a Ultra Short Term Fund fund. SIP suitability depends on your investment goal and risk profile.
You can start a SIP in HSBC Ultra Short Duration Fund - Direct Monthly IDCW 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 Ultra Short Duration Fund - Direct Monthly IDCW is ₹176 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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