HSBC Ultra Short Duration Fund IDCW Monthly
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
 | 0.22% |
 Benchmark | CRISIL Liquid Fund TR INR |
 | ₹2552 Cr |
 | 29 January, 2020 |
 | ₹5000/₹0 |
 | 0% |
 | No Lock-in |
 TurnOver | 340.92% |
Fund Distribution as on (30-Apr-23)
Credit rating breakup
AAA
100%
Sector Allocation
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 Holdings38
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 HDFC Bank Limited | 5.73% | 0% | |
Small Industries Development Bank Of India | 4.76% | 0% | |
Reliance Industries Limited | 4.09% | 0% | |
Kotak Securities Ltd | 3.89% | 0% | |
364 Dtb 09032023 | 3.88% | 0% |
See all
HSBC Ultra Short Duration Fund IDCW Monthly: Monthly Changes Updates
All changes are between Feb'23 and Apr'23
Fund Performance
- 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
- 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
Peer Analysis
HSBC Ultra Short Duration Fund IDCW Monthly Fund Manager
Jalpan Shah
Fund Manager of HSBC Ultra Short Duration Fund IDCW Monthly, since 26 November 2022
Top funds managed
Mahesh Chhabria
Fund Manager of HSBC Ultra Short Duration Fund IDCW Monthly, since 26 November 2022
Top funds managed
Fund Highlights
Low to Moderate Risk
Investors understand that their principal will be at Low to Moderate Risk
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
This fund has AUM of ₹2552 Cr which is less than its category average of ₹ 2988 Cr
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%