HSBC Ultra Short Duration Fund Direct Growth

HSBC Ultra Short Duration Fund Direct Growth

Debt

HSBC Mutual Fund

Ultra Short Duration

Get the latest NAV of HSBC Ultra Short Duration Fund Direct Growth. View historical returns compared to its benchmark and category average. Know which stocks and sectors the fund is investing in. Get an estimate of returns from the SIP and lump sum returns calculator. View detailed holding analysis and peer comparison. Get INDmoney ranking of the fund.

₹1390.40

NAV as on 12 Sep 2025

6.04%/per year

Since Inception

Absolute Gain%

▲▼

17 people have invested ₹ 35.2L in HSBC Ultra Short Duration Fund Direct Growth in the last three months

HSBC Ultra Short Duration Fund Performance vs. Ultra Short Duration Index

Fund returns vs Benchmark returns vs Category Average returns as on (12-Sep-25)

The fund has outperformed the benchmark (Ultra Short Duration Index) over 1Y, 3Y, but underperformed over 5Y.

Period
1M
3M
6M
1Y
3Y
5Y
This Fund
0.45%
1.49%
3.86%
7.58%
7.37%
6%
Ultra Short Duration Index
0.42%
1.39%
3.43%
6.44%
6.13%
6.84%
Ultra Short Duration Avg
0.43%
1.38%
3.64%
7.13%
6.81%
5.62%
Best in Ultra Short Duration
0.6%
1.67%
4.18%
8.14%
7.67%
7.48%
Worst in Ultra Short Duration
0.42%
1.45%
3.33%
6.53%
6.44%
5.2%
Category Rank
8/17
6/17
5/17
14/16
13/15
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HSBC Ultra Short Duration Fund Ranking and Peer Comparison

Ranked based on performance, risk management and cost efficiency

5
/17
58% Performance
31% Risk Management
100% Cost

Ranked 5 out of 17 mutual funds in the ultra short duration category as per INDmoney.

Fund Name
INDmoney Rank
AUM (in Crs.)
Expense Ratio
1Y Returns
3Y Returns
3Y Alpha
3Y Beta
3Y Sharpe
3Y Sortino
3Y Info Ratio
HSBC Ultra Short Duration Fund
5/17
2,932Cr
0.16%
7.58%
7.37%
-0.19
2.99
2.35
9.89
1.78
ICICI Prudential Ultra Short Term Fund Direct Growth
1/17
17,077Cr
0.39%
7.85%
7.55%
-0.11
3.32
2.71
12.75
2.35
Tata Ultra Short Term Fund Direct Growth
2/17
4,945Cr
0.28%
7.87%
7.54%
-0.02
2.92
2.92
13.04
2.52
Axis Ultra Short Duration Fund Direct Growth
3/17
6,764Cr
0.38%
7.84%
7.58%
-0.05
3.22
2.98
13.89
2.69
See all

HSBC Ultra Short Duration Fund Returns Calculator

Calculate SIP and lumpsum returns based on historical performance

  • 1-time

  • SIP

Total Investment

0

Profit

Total Corpus

0

Absolute Return
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HSBC Ultra Short Duration Fund Asset Allocation

See fund asset allocation details as on (14-Sep-25)

Fund Distribution

as on (14-Sep-25)

AAA
100%
Cash allocation has gone down from 65.3% to 57.9%
Cash allocation has gone down from 65.3% to 57.9%
Debt allocation has gone up from 34.4% to 41.8%
Debt allocation has gone up from 34.4% to 41.8%

HSBC Ultra Short Duration Fund Sector Allocation

See fund sector allocation details as on (14-Sep-25)

Sector Allocation

Corporate
46.5%
Cash Equivalent
36.3%
Government
17.2%

Top 2 Sectors in August were Corporate, Government

Aug'25

Corporate

57%

Government

18%

Jul'25

Corporate

52%

Government

16%

HSBC Ultra Short Duration Fund Direct Growth Overview

Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.

Expense ratio0.16%
Benchmark
NIFTY Ultra Short Duration Debt TR INR
AUM₹2932 Cr
Inception Date29 January, 2020
Min Lumpsum/SIP₹5000/₹1000
Exit Load0%
Lock InNo Lock-in
TurnOver
339.1%
Risk
Risk meter
pointer
Low to Moderate Risk

About HSBC Ultra Short Duration Fund

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

Key Parameters

  1. HSBC Ultra Short Duration Fund Direct Growth has ₹2932 Cr worth of assets under management (AUM) as on Sep 2025 and is more than category average.
  2. The fund has an expense ratio 0.2.

Returns

HSBC Ultra Short Duration Fund Direct Growth has given a CAGR return of 6.04% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 7.58%, 7.37% and 6.00% respectively.

Holdings

HSBC Ultra Short Duration Fund Direct Growth has allocated its funds majorly in Corporate, Cash Equivalent, Government. Its top holdings are Small Industries Development Bank Of India, 7.81% Govt Stock 2033, 5.15% Govt Stock 2025, HDFC Bank Limited, National Bank For Agriculture And Rural Development

Taxation

As it is a ultra short duration mutual fund the taxation is as follows:
If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:
Invested before 1 April 2023 and held for less than 24 months, STCG will be taxed at your income slab rate.
Invested before 1 April 2023 and held for more than 24 months, LTCG will be taxed at 12.5%.
Invested after 1 April 2023, capital gains will be taxed at your income slab rate.
Dividends will always be taxed at slab rate.

Investment objective of HSBC Ultra Short Duration Fund Direct Growth

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.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 1000.00. HSBC Ultra Short Duration Fund Direct Growth has no lock in period.

Fund Manager

Mahesh Chhabria

Fund Manager of HSBC Ultra Short Duration Fund Direct Growth, since 26 November 2022

Learn more about HSBC Mutual Fund
Parameters
Aug'25
Jul'25
Jun'25
AUM
₹ 2.9K Cr
₹ 2.9K Cr
₹ 3.1K Cr
  • AUM of the fund stands at 2.9K Cr as of Aug'25
  • AUM increased by 7.5 Cr between Aug'25 and Jul'25

Frequently Asked Questions for HSBC Ultra Short Duration Fund Direct Growth

How do I invest in HSBC Ultra Short Duration Fund?

INDmoney makes it simple to invest in the HSBC Ultra Short Duration Fund. To do so, follow the steps below:
  • Download the INDmoney app.
  • Search for ‘HSBC Ultra Short Duration Fund’.
  • Select whether you want to invest in SIP or lump sum.
  • Enter the amount you wish to invest.
  • Set up payments via bank mandate or UPI.

What is the current NAV of HSBC Ultra Short Duration Fund?

The NAV of the fund today is ₹1390.40. NAV or Net Asset Value is the per unit price of a mutual fund. For example, if the NAV of a fund is ₹10, it means you can get 1000 units of that mutual fund at ₹10,000.

What is the return on the fund?

HSBC Ultra Short Duration Fund fund has generated a return of 7.58% in 1 year, 7.37% in 3 years, 6.00% in 5 years.

Who is the fund manager of HSBC Ultra Short Duration Fund?

The fund managers are Mahesh Chhabria.

What is the expense ratio of the fund?

The expense ratio is 0.16%. The Expense Ratio is a fee charged for managing the fund. This includes commissions, administrative costs etc.

What is the AUM of the fund?

The AUM of the fund is ₹2932 Cr. AUM stands for Assets Under Management. It refers to the total assets managed by the fund.

What are the top holdings of HSBC Ultra Short Duration Fund?

The top 3 holdings of the fund are Small Industries Development Bank Of India(5.09%), 7.81% Govt Stock 2033(4.67%), 5.15% Govt Stock 2025(3.54%)