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HSBC Ultra Short Duration Fund Direct Growth
DebtUltra Short DurationLow to Moderate Risk
Direct
NAV (14-Nov-24)
₹1309.390.02%1D
Returns (Since Inception)
5.78%
Rated ★4.5+ on 
Fund Overview
Fund Size
₹3,401 Cr
Expense Ratio
0.21%
ISIN
INF336L01OR1
Minimum SIP
₹1,000
Exit Load
No Charges
Inception Date
29 Jan 2020
About this fund
HSBC Ultra Short Duration Fund Direct Growth is a Ultra Short Duration mutual fund schemes offered by HSBC Mutual Fund. This fund has been in existence for 4 years, 9 months and 18 days, having been launched on 29-Jan-20.
As of 14-Nov-24, it has a Net Asset Value (NAV) of ₹1309.39, Assets Under Management (AUM) of 3401.40 Crores, and an expense ratio of 0.21%.
As of 14-Nov-24, it has a Net Asset Value (NAV) of ₹1309.39, Assets Under Management (AUM) of 3401.40 Crores, and an expense ratio of 0.21%.
- HSBC Ultra Short Duration Fund Direct Growth has given a CAGR return of 5.78% since inception.
- The fund's asset allocation comprises around 0.00% in equities, 48.83% in debts, and 50.98% in cash & cash equivalents.
- You can start investing in HSBC Ultra Short Duration Fund Direct Growth with a SIP of ₹1000 or a Lumpsum investment of ₹5000.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
1 Year
+7.70%
+6.39% (Cat Avg.)
3 Years
+6.44%
+5.70% (Cat Avg.)
Since Inception
+5.78%
— (Cat Avg.)
Portfolio Summaryas of 15th October 2024
| Debt | ₹1,660.91 Cr | 48.83% |
| Others | ₹1,740.49 Cr | 51.17% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| LIC Housing Finance Limited | Bond - Corporate Bond | ₹126.29 Cr | 3.95% |
| Panatone Finvest Limited | Cash - Commercial Paper | ₹98.1 Cr | 3.07% |
| ICICI Bank Ltd. | Bond - Corporate Bond | ₹97.94 Cr | 3.06% |
| 182 DTB 20022025 | Bond - Gov't/Treasury | ₹97.8 Cr | 3.06% |
| National Bank For Agriculture And Rural Development | Cash - CD/Time Deposit | ₹97.77 Cr | 3.06% |
| Small Industries Development Bank of India | Bond - Corporate Bond | ₹97.38 Cr | 3.04% |
| Bank Of Baroda | Cash - CD/Time Deposit | ₹96.08 Cr | 3.00% |
| HDFC Bank Ltd. | Bond - Corporate Bond | ₹93.58 Cr | 2.92% |
| Kotak Securities Limited | Cash - Commercial Paper | ₹74.44 Cr | 2.33% |
| Larsen And Toubro Limited | Cash - Commercial Paper | ₹73.44 Cr | 2.30% |
| Canara Bank | Cash - CD/Time Deposit | ₹73.39 Cr | 2.29% |
| Export-Import Bank Of India | Cash - Commercial Paper | ₹73.28 Cr | 2.29% |
| 182 DTB 13032025 | Bond - Gov't/Treasury | ₹73.08 Cr | 2.28% |
| Axis Bank Limited | Cash - CD/Time Deposit | ₹73.04 Cr | 2.28% |
| Export-Import Bank Of India | Cash - Commercial Paper | ₹64.37 Cr | 2.01% |
| Bajaj Finance Limited | Bond - Corporate Bond | ₹53.63 Cr | 1.68% |
| Power Finance Corporation Ltd. | Bond - Corporate Bond | ₹53.61 Cr | 1.68% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹53.12 Cr | 1.66% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹51.5 Cr | 1.61% |
| LIC Housing Finance Ltd | Bond - Corporate Bond | ₹51.43 Cr | 1.61% |
| Power Finance Corporation Limited | Bond - Corporate Bond | ₹51.3 Cr | 1.60% |
| HDFC Bank Limited | Bond - Corporate Bond | ₹51.22 Cr | 1.60% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹51.18 Cr | 1.60% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹50.66 Cr | 1.58% |
| LIC Housing Finance Ltd | Bond - Corporate Bond | ₹50.56 Cr | 1.58% |
| Bharat Petroleum Corporation Limited | Bond - Corporate Bond | ₹50.36 Cr | 1.57% |
| Kotak Mahindra Bank Limited | Cash - CD/Time Deposit | ₹49.38 Cr | 1.54% |
| 182 DTB 09012025 | Bond - Gov't/Treasury | ₹49.27 Cr | 1.54% |
| 364 DTB | Bond - Gov't/Treasury | ₹49.2 Cr | 1.54% |
| Canara Bank | Cash - CD/Time Deposit | ₹49.1 Cr | 1.53% |
| Panatone Finvest Ltd. | Cash - Commercial Paper | ₹49.04 Cr | 1.53% |
| Punjab National Bank | Cash - CD/Time Deposit | ₹48.96 Cr | 1.53% |
| Kotak Mahindra Bank Limited (Formerly Kotak Mahindra Finance Limited) | Cash - CD/Time Deposit | ₹48.91 Cr | 1.53% |
| Punjab National Bank | Cash - CD/Time Deposit | ₹48.89 Cr | 1.53% |
| Small Industries Development Bank Of India | Cash - CD/Time Deposit | ₹48.88 Cr | 1.53% |
| 182 DTB 27022025 | Bond - Gov't/Treasury | ₹48.84 Cr | 1.53% |
| Bank Of Baroda | Cash - CD/Time Deposit | ₹48.77 Cr | 1.52% |
| Icici Securities Limited | Cash - Commercial Paper | ₹48.69 Cr | 1.52% |
| HDFC Bank Limited | Cash - CD/Time Deposit | ₹48.62 Cr | 1.52% |
| Kotak Securities Limited | Cash - Commercial Paper | ₹48.54 Cr | 1.52% |
| Kotak Mahindra Bank Limited (Formerly Kotak Mahindra Finance Limited) | Cash - CD/Time Deposit | ₹47.75 Cr | 1.49% |
| Axis Bank Limited | Cash - CD/Time Deposit | ₹47.02 Cr | 1.47% |
| Axis Bank Limited | Cash - CD/Time Deposit | ₹46.57 Cr | 1.46% |
| 08.44 MH Sdl 2024 | Bond - Gov't/Treasury | ₹41.39 Cr | 1.29% |
| Canara Bank | Cash - CD/Time Deposit | ₹41.2 Cr | 1.29% |
| LIC Housing Finance Ltd | Bond - Corporate Bond | ₹31.43 Cr | 0.98% |
| Treps | Cash - Repurchase Agreement | ₹28.7 Cr | 0.90% |
| Kotak Mahindra Prime Limited | Bond - Corporate Bond | ₹26.29 Cr | 0.82% |
| Bajaj Finance Limited | Bond - Corporate Bond | ₹25.71 Cr | 0.80% |
| HDFC Bank Limited | Bond - Corporate Bond | ₹25.7 Cr | 0.80% |
| Kotak Mahindra Prime Limited | Bond - Corporate Bond | ₹25.7 Cr | 0.80% |
| 08.04 MH Sdl 2025 | Bond - Gov't/Treasury | ₹25.4 Cr | 0.79% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹25.2 Cr | 0.79% |
| Kotak Mahindra Prime Limited | Bond - Corporate Bond | ₹25.18 Cr | 0.79% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹25.09 Cr | 0.78% |
| Power Finance Corporation Ltd. | Bond - Corporate Bond | ₹24.89 Cr | 0.78% |
| HDFC Bank Limited | Bond - Corporate Bond | ₹24.77 Cr | 0.77% |
| Kotak Mahindra Bank Ltd. | Bond - Corporate Bond | ₹24.52 Cr | 0.77% |
| Bank Of Baroda | Cash - CD/Time Deposit | ₹24.45 Cr | 0.76% |
| Axis Bank Limited | Cash - CD/Time Deposit | ₹24.38 Cr | 0.76% |
| ICICI Bank Limited | Cash - CD/Time Deposit | ₹19.41 Cr | 0.61% |
| CDMDF CLASS A2 | Mutual Fund - Open End | ₹6.18 Cr | 0.19% |
| Net Current Assets (Including Cash & Bank Balances) | Cash - Collateral | ₹-0.55 Cr | 0.02% |
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Instruments | Amount | Holdings |
|---|---|---|
| Bond - Corporate Bond | ₹1,268.26 Cr | 39.63% |
| Cash - CD/Time Deposit | ₹982.57 Cr | 30.71% |
| Cash - Commercial Paper | ₹529.88 Cr | 16.56% |
| Bond - Gov't/Treasury | ₹384.97 Cr | 12.03% |
| Cash - Repurchase Agreement | ₹28.7 Cr | 0.90% |
| Mutual Fund - Open End | ₹6.18 Cr | 0.19% |
| Cash - Collateral | ₹-0.55 Cr | 0.02% |
| Bond - Gov't Agency Debt | ₹0 Cr | - |
| Bond - Short-term Government Bills | ₹0 Cr | - |
Risk & Performance Ratios
Standard Deviation
This fund
0.50%
Cat. avg.
0.70%
Lower the better
Sharpe Ratio
This fund
1.03
Cat. avg.
-0.63
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
-0.35
Higher the better
Fund Managers
Kapil Punjabi
Since May 2024
MC
Mahesh Chhabria
Since November 2022
Additional Scheme Detailsas of 15th October 2024
ISIN INF336L01OR1 | Expense Ratio 0.21% | Exit Load No Charges | Fund Size ₹3,401 Cr | Age 4 years 9 months | Lumpsum Minimum ₹5,000 | Fund Status Open Ended Investment Company | Benchmark NIFTY Ultra Short Duration Debt TR INR |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Capital Gains Taxation:
Dividend Taxation:
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Ultra Short Duration Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| PGIM India Ultra Short Duration Fund Regular Growth Low to Moderate Risk | 0.9% | 0.0% | ₹242.78 Cr | 6.9% |
| Canara Robeco Ultra Short Term Fund Regular Growth Low to Moderate Risk | 0.9% | 0.0% | ₹613.52 Cr | 6.8% |
| Baroda BNP Paribas Ultra Short Duration Fund Regular Growth Low to Moderate Risk | 0.5% | 0.0% | ₹1358.39 Cr | 7.5% |
| Baroda BNP Paribas Ultra Short Duration Fund Direct Growth Low to Moderate Risk | 0.3% | 0.0% | ₹1358.39 Cr | 7.7% |
| LIC MF Ultra Short Duration Fund Direct Growth Moderate Risk | 0.3% | 0.0% | ₹259.04 Cr | 7.6% |
| LIC MF Ultra Short Duration Fund Regular Growth Moderate Risk | 0.9% | 0.0% | ₹259.04 Cr | 6.9% |
| UTI Ultra Short Term Fund Regular Growth Moderate Risk | 0.9% | 0.0% | ₹2651.01 Cr | 7.2% |
| Nippon India Ultra Short Duration Fund Regular Growth Moderate Risk | 1.1% | 0.0% | ₹7914.34 Cr | 7.2% |
| Mahindra Manulife Ultra Short Duration Fund Regular Growth Low to Moderate Risk | 0.7% | 0.0% | ₹229.27 Cr | 7.3% |
| Mahindra Manulife Ultra Short Duration Fund Direct Growth Low to Moderate Risk | 0.3% | 0.0% | ₹229.27 Cr | 7.8% |
About the AMC
HSBC Mutual Fund
Total AUM
₹1,25,951 Cr
Address
16, V N Road, Mumbai, 400 001
Other Funds by HSBC Mutual Fund
Risk Level
Your principal amount will be at Low to Moderate Risk
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What is the current NAV of HSBC Ultra Short Duration Fund Direct Growth?
The NAV of HSBC Ultra Short Duration Fund Direct Growth, as of 14-Nov-2024, is ₹1309.39.
What are the returns of HSBC Ultra Short Duration Fund Direct Growth?
The fund has generated 7.70% over the last 1 year and 6.44% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
What is the portfolio composition of HSBC Ultra Short Duration Fund Direct Growth?
The fund's allocation of assets is distributed as 0.00% in equities, 48.83% in bonds, and 50.98% in cash and cash equivalents.
Who manages the HSBC Ultra Short Duration Fund Direct Growth?
The fund managers responsible for HSBC Ultra Short Duration Fund Direct Growth are:-
- Kapil Punjabi
- Mahesh Chhabria
Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.
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Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377, a member of BSE with SEBI Stock Broker Registration no. INZ000303136, and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.