HSBC Ultra Short Duration Fund
The scheme seeks to provide liquidity and generate reasonable returns with low volatility through investment in a portfolio comprising of debt & money market instruments.
Growthvine rating: 5/5 — ranked #1 of 31 in category.
Fund basics
| Category | Debt: Ultra Short Duration |
|---|---|
| NAV | ₹1452.79 (as of 2026-08-21) |
| AUM | ₹3,322 Cr |
| Expense ratio | 0.31% |
| Riskometer | Low to Moderate |
| Fund manager | Abhishek Iyer |
| Exit load | 0 |
Performance & risk
| 5-year annualised return | 6.24% |
|---|---|
| Sharpe ratio | 2.44 |
| Standard deviation | 0.42% |
| Max drawdown | -0.97% |
| Alpha | 0 |
| Beta | 0 |
Over 5 years, captured 91.6% of NIFTY Ultra Short Duration Debt Index's upside and — of its downside.
Market cap allocation
Concentration
Top holdings
Not disclosed.
Top sectors
Not disclosed.
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|---|---|---|
| 2026 (partial) | 4.1% | Q1 (Top) | #6 of 30 |
| 2025 | 7.0% | Q1 (Top) | #7 of 25 |
| 2024 | 7.4% | Q2 | #9 of 24 |
| 2023 | 7.0% | Q1 (Top) | #5 of 24 |
| 2022 | 4.5% | Q1 (Top) | #5 of 23 |