HSBC Ultra Short Duration Fund IDCW Monthly
HSBC Ultra Short Duration Fund IDCW Monthly

HSBC Ultra Short Duration Fund IDCW Monthly

Compare
Debt
Direct
Ultra Short Duration

NAV: ₹ 1012.4 as on 31-05-2023

Fund Performance

About the Fund

HSBC Ultra Short Duration Fund IDCW Monthly is a debt fund. This fund was started on 29 January, 2020. The fund is managed by Jalpan Shah, Mahesh Chhabria. This fund is suitable to keep your money safe.

Key parameters

1) HSBC Ultra Short Duration Fund IDCW Monthly has a NAV of 1012.4152 as on 31-05-2023.

2) HSBC Ultra Short Duration Fund IDCW Monthly has 2552 Cr worth of assets under management (AUM) as on 30-04-2023 and is less than category average.

3) The fund has an expense ratio 0.22 %.

HSBC Ultra Short Duration Fund IDCW Monthly Overview

Expense ratio
Expense ratio
0.22%
Benchmark
Benchmark
CRISIL Liquid Fund TR INR
AUM
AUM
₹2552 Cr
Inception Date
Inception Date
29 January, 2020
Min Lumpsum/SIP
Min Lumpsum/SIP
₹5000/₹0
Exit Load
Exit Load
0%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
340.92%

Fund Distribution as on (30-Apr-23)

  • Debt & Cash 100%

Credit rating breakup

AAA
100%

Sector Allocation

Apr'23

Mar'23

Feb'23

Cash Equivalent

43.3%

Corporate

34.2%

Government

22.5%

Top Holdings of HSBC Ultra Short Duration Fund IDCW Monthly as on (31-May-23)

  • Debt & Cash

Debt Holdings38
Holdings
Weight%
1M Change
HDFC Bank Limited
HDFC Bank Limited
5.73%
0%
Small Industries Development Bank Of India
Small Industries Development Bank Of India
4.76%
0%
Reliance Industries Limited
Reliance Industries Limited
4.09%
0%
Kotak Securities Ltd
Kotak Securities Ltd
3.89%
0%
364 Dtb 09032023
364 Dtb 09032023
3.88%
0%

HSBC Ultra Short Duration Fund IDCW Monthly: Monthly Changes Updates

All changes are between Feb'23 and Apr'23

Fund Performance

Apr'23
Mar'23
Feb'23
Fund Returns
0.48%
0.48%
0.48%
Ultra Short Duration Index
0.42%
0.42%
0.42%
  • This fund’s returns stands at 0.48% whereas the fund’s underlying benchmark Ultra Short Duration Index returns stands at 0.42% as on Apr'23
  • This fund outperformed Ultra Short Duration Index by 0.06% in Apr'23

AUM Change

Parameters
Apr'23
Mar'23
Feb'23
AUM
₹ 2.6K Cr
₹ 2.6K Cr
₹ 2.6K Cr
  • AUM of the fund stands at 2.6K Cr as of Apr'23
  • AUM has remained same between Apr'23 and Mar'23

Fund Portfolio Changes

HSBC Ultra Short Duration Fund IDCW Monthly Fund Manager

Jalpan Shah

Jalpan Shah

Fund Manager of HSBC Ultra Short Duration Fund IDCW Monthly, since 26 November 2022
Mahesh Chhabria

Mahesh Chhabria

Fund Manager of HSBC Ultra Short Duration Fund IDCW Monthly, since 26 November 2022

Fund Highlights

Risk meter
pointer

Low to Moderate Risk

Investors understand that their principal will be at Low to Moderate Risk
About the fund

About the fund

This fund has delivered an average annual returns of 4.62% since inception which is less than its category average return of 7.13%
AUM size ₹2552 Cr

AUM size ₹2552 Cr

This fund has AUM of ₹2552 Cr which is less than its category average of ₹ 2988 Cr
Expense Ratio 0.22%

Expense Ratio 0.22%

This fund has an expense ratio of 0.22% which is less than its category average expense ratio of 0.63%

Frequently Asked Questions

The current NAV of HSBC Ultra Short Duration Fund IDCW Monthly is ₹1012.42 as on 31-May-2023.
Existing (Absolute + CAGR) as on 31-May-2023.
HSBC Ultra Short Duration Fund IDCW Monthly
Absolute Returns
CAGR Returns
1 Month Returns
0.05%
0.05%
6 Month Returns
3%
3%
1 Year Returns
5.9%
5.9%
3 Years Returns
13.98%
4.46%
5 Years Returns
0%
0%
With INDmoney, the process of investing is very simple and involves zero commission.
  • Click Buy on the fund name.
  • Input the amount you are looking to invest.
  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.
0.22% as on May 2023
₹2552 Cr as on May 2023
HDFC Bank Limited(5.73%), Small Industries Development Bank Of India(4.76%), Reliance Industries Limited(4.09%), Kotak Securities Ltd(3.89%), 364 Dtb 09032023(3.88%) as on May 2023
Corporate(40.42%), Cash Equivalent(32.37%), Government(27.22%) as on May 2023
Yield to Maturity is 7.24 as on May 2023. Yield to Maturity is the total return earned on your bond investments if you hold the bond investments till maturity & all bonds' proceeds are reinvested in it.
Modified Duration is 0.42 as on May 2023. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
100
Jalpan Shah, Mahesh Chhabria are the fund managers of HSBC Ultra Short Duration Fund IDCW Monthly
The Exit load of HSBC Ultra Short Duration Fund IDCW Monthly is 0%