Hsbc Ultra Short Duration Fund Overview
Category Ultra Short Duration Fund
BMSMONEY Rank 4
BMSMONEY Rating
Growth Option As On: 24-04-2024
NAV ₹1243.49 (R) +0.01% ₹1257.25 (D) +0.01%
Returns Gro. Opt. 1Y 3Y 5Y 7Y 10Y
LumpSum Reg. P 7.14% 5.45% -% -% -%
LumpSum Dir. P 7.42% 5.72% -% -% -%
SIP Reg. P 7.34% 4.45% -% -% -%
SIP Dir. P 7.62% 4.72% -% -% -%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
-3.88 -0.76 0.53 -1.1% -0.02
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
0.54% 0.0% 0.0% 1.08 0.4%

NAV Date: 24-04-2024

Scheme Name NAV Rupee Change Percent Change
HSBC Ultra Short Duration Fund - Direct Weekly IDCW 1007.32
-1.1600
-0.1200%
HSBC Ultra Short Duration Fund - Direct Monthly IDCW 1018.45
0.0800
0.0100%
HSBC Ultra Short Duration Fund - Regular Daily IDCW 1031.73
0.0000
0.0000%
HSBC Ultra Short Duration Fund - Regular Monthly IDCW 1033.94
0.0800
0.0100%
HSBC Ultra Short Duration Fund - Regular Weekly IDCW 1041.41
-1.1600
-0.1100%
HSBC Ultra Short Duration Fund - Direct Daily IDCW 1079.94
0.0000
0.0000%
HSBC Ultra Short Duration Fund - Regular Growth 1243.49
0.0900
0.0100%
HSBC Ultra Short Duration Fund - Direct Growth 1257.25
0.1000
0.0100%

Review Date: March 28, 2024

The Ultra Short Duration Fund category has 21 funds. Performance of the HSBC Ultra Short Duration Fund has been analyzed on 17 performance parameters. Out of six return parameters, the fund has one return parameter in first quartile; whereas zero risk parameters (out of four) in first quartile. Similarly five risk-adjusted performance parameters are in first quartile, the performance on different parameters provides has achieved fourth (out of 21 funds), which is very good rank in the Ultra Short Duration Fund category.
We use a composite performance score in our ranking process that considers factors like the fund's returns, risk, and risk-adjusted performance over a period of three years. This composite performance score subsequently guides the ranking of funds within a category.

The HSBC Ultra Short Duration Fund has average return performance, as more than 50% 1 year and above return parameters are above average in Ultra Short Duration Fund category. The details are provided below.'
    '
  1. 1 Month Return%: One month return shows funds performance in very short period of time, the HSBC Ultra Short Duration Fund has given return of 0.67% in last one month which is good as it is above average in Ultra Short Duration Fund.
  2. 3 Month Return%: Three month return shows funds performance in short period of time, the HSBC Ultra Short Duration Fund has given return of 1.84% in last three month which is good as it is above average in Ultra Short Duration Fund.
  3. 1 Year Return%: The HSBC Ultra Short Duration Fund has given return of 7.23% in last one year which is very good as it is in the top quartile in Ultra Short Duration Fund. The one year return rank of HSBC Ultra Short Duration Fund is 6 in 22 funds. The investment of ₹ 10,000 in this fund would have become ₹ 10723.0 in one year.
  4. 3 Year Return%: The HSBC Ultra Short Duration Fund has given return of 5.34% in last three year which is good as it is above average with return rank of 7 in 20 funds. in Ultra Short Duration Fund.
  5. 1 Year SIP Return%: The HSBC Ultra Short Duration Fund has given return of -8.67% in last one year which is good as it is above average with return rank of 7 in 22 funds. in Ultra Short Duration Fund.
  6. 3 Year SIP Return%: The HSBC Ultra Short Duration Fund has given return of 4.45% in last three year which is good as it is above average with return rank of 7 in 20 funds. in Ultra Short Duration Fund.
    7. '
'

The HSBC Ultra Short Duration Fund has average risk performance, as more than 25% risk parameters are above average Ultra Short Duration Fund category. The details are provided below. '
    '
  1. Standard Deviation: It is a measure of the dispersion of a set of data from its mean. It is calculated as the square root of variance by determining the variation between each data point relative to the mean. The higher the standard deviation, the greater the risk. The HSBC Ultra Short Duration Fund has standard deviation of 0.54 which is good as it is above average with risk rank of 11 in 14 funds. in Ultra Short Duration Fund.
  2. Semi Deviation: It is a measure of the dispersion of a set of data from its mean. It is calculated as the square root of variance by determining the variation between each data point relative to the mean. The higher the semi-deviation, the greater the risk. It uses only negative returns for calculation. The HSBC Ultra Short Duration Fund has semi deviation of 0.4 which is very poor as it is in the fourth quartile with risk rank of 12 in 14 funds. in Ultra Short Duration Fund.
  3. Max Drawdown %: It is the maximum observed loss from a peak to a trough of a portfolio before a new peak is attained. The HSBC Ultra Short Duration Fund has max drawdown of 0.0% which is good as it is above average with risk rank of 13 in 14 funds. in Ultra Short Duration Fund.
  4. Average Drawdown %: It is the average of the drawdowns over a period of time. The HSBC Ultra Short Duration Fund has average drawdown of 0.0% which is good as it is above average with risk rank of 13 in 14 funds. in Ultra Short Duration Fund.
    5. '
'

The HSBC Ultra Short Duration Fund has poor risk adjusted performance, as non of above risk adjusted paramerters are above average in Ultra Short Duration Fund category. The details are provided below. '
    '
  1. Sterling Ratio: It is a measure of risk-adjusted return. The HSBC Ultra Short Duration Fund has Sterling Ratio of 0.53 which is very good as it is in the top quartile with risk rank of 4 in 14 funds. in Ultra Short Duration Fund.
  2. Sortino Ratio: It is a measure of risk-adjusted return. The HSBC Ultra Short Duration Fund has Sortino Ratio of -0.76 which is very good as it is in the top quartile with risk rank of 4 in 14 funds. in Ultra Short Duration Fund.
  3. Jensen Alpha %: It is a measure of risk-adjusted return. The HSBC Ultra Short Duration Fund has Jensen Alpha of -1.1% which is poor as it is in the below average with risk rank of 6 in 14 funds. in Ultra Short Duration Fund.
  4. Treynor Ratio: It is a measure of risk-adjusted return. The HSBC Ultra Short Duration Fund has Treynor Ratio of -0.02 which is very good as it is in the top quartile with risk rank of 1 in 14 funds. in Ultra Short Duration Fund.
  5. Modigliani Square Measure %: It is a measure of risk-adjusted return. The HSBC Ultra Short Duration Fund has Modigliani Square Measure of 4.96% which is poor as it is in the below average with risk rank of 5 in 14 funds. in Ultra Short Duration Fund.
  6. Alpha %: It is a measure of risk-adjusted return. The HSBC Ultra Short Duration Fund has Alpha of -0.6% which is very good as it is in the top quartile with risk rank of 3 in 14 funds. in Ultra Short Duration Fund.
    7. '
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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Better Than Cat. Avg In 1st Quartile In 4th Quartile
1M Return % 0.68
0.66
0.52 | 0.76 10 | 22
Yes
No
No
3M Return % 1.92
1.86
1.52 | 2.13 8 | 22
Yes
No
No
6M Return % 3.66
3.51
3.01 | 3.81 8 | 22
Yes
No
No
1Y Return % 7.14
6.83
5.98 | 7.43 6 | 22
Yes
Yes
No
3Y Return % 5.45
5.33
4.33 | 6.67 7 | 20
Yes
No
No
1Y SIP Return % 7.34
7.05
6.08 | 7.69 8 | 22
Yes
No
No
3Y SIP Return % 4.45
4.23
3.29 | 4.69 7 | 20
Yes
No
No
Standard Deviation 0.54
0.59
0.43 | 1.50 11 | 14
Yes
No
Yes
Semi Deviation 0.40
0.39
0.32 | 0.52 12 | 14
No
No
Yes
Max Drawdown % 0.00
0.00
0.00 | 0.00 13 | 14
Yes
No
Yes
Average Drawdown % 0.00
0.00
0.00 | 0.00 13 | 14
Yes
No
Yes
Sharpe Ratio -3.88
-4.38
-6.35 | -0.97 4 | 14
Yes
Yes
No
Sterling Ratio 0.53
0.51
0.42 | 0.60 4 | 14
Yes
Yes
No
Sortino Ratio -0.76
-0.78
-0.88 | -0.51 4 | 14
Yes
Yes
No
Jensen Alpha % -1.10
-0.08
-1.97 | 5.03 6 | 14
No
No
No
Treynor Ratio -0.02
-0.25
-2.90 | -0.02 1 | 14
Yes
Yes
No
Modigliani Square Measure % 4.96
13.60
2.41 | 124.30 5 | 14
No
No
No
Alpha % -0.60
-1.60
-12.45 | 0.33 3 | 14
Yes
Yes
No
Return data last Updated On : April 24, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : March 28, 2024
KPIs: Key Performance Indicators

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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Better Than Cat. Avg In 1st Quartile In 4th Quartile
1M Return % 0.70 0.70 0.56 | 0.78 15 | 22
No
No
No
3M Return % 1.99 1.97 1.65 | 2.11 11 | 22
Yes
No
No
6M Return % 3.79 3.76 3.26 | 3.92 12 | 22
Yes
No
No
1Y Return % 7.42 7.37 6.67 | 7.70 14 | 22
Yes
No
No
3Y Return % 5.72 5.80 4.96 | 7.53 13 | 20
No
No
No
1Y SIP Return % 7.62 7.59 6.74 | 7.93 13 | 22
Yes
No
No
3Y SIP Return % 4.72 4.70 3.90 | 5.31 13 | 20
Yes
No
No
Standard Deviation 0.54 0.59 0.43 | 1.50 11 | 14
Yes
No
Yes
Semi Deviation 0.40 0.39 0.32 | 0.52 12 | 14
No
No
Yes
Max Drawdown % 0.00 0.00 0.00 | 0.00 13 | 14
Yes
No
Yes
Average Drawdown % 0.00 0.00 0.00 | 0.00 13 | 14
Yes
No
Yes
Sharpe Ratio -3.88 -4.38 -6.35 | -0.97 4 | 14
Yes
Yes
No
Sterling Ratio 0.53 0.51 0.42 | 0.60 4 | 14
Yes
Yes
No
Sortino Ratio -0.76 -0.78 -0.88 | -0.51 4 | 14
Yes
Yes
No
Jensen Alpha % -1.10 -0.08 -1.97 | 5.03 6 | 14
No
No
No
Treynor Ratio -0.02 -0.25 -2.90 | -0.02 1 | 14
Yes
Yes
No
Modigliani Square Measure % 4.96 13.60 2.41 | 124.30 5 | 14
No
No
No
Alpha % -0.60 -1.60 -12.45 | 0.33 3 | 14
Yes
Yes
No
Return data last Updated On : April 24, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : March 28, 2024
KPIs: Key Performance Indicators

Investment Period Regular Direct
Return % Current Value of ₹ 10000 Return % Current Value of ₹ 10000
1D 0.01 ₹ 10001.0 0.01 ₹ 10001.0
1W 0.09 ₹ 10009.0 0.09 ₹ 10009.0
1M 0.68 ₹ 10068.0 0.7 ₹ 10070.0
3M 1.92 ₹ 10192.0 1.99 ₹ 10199.0
6M 3.66 ₹ 10366.0 3.79 ₹ 10379.0
1Y 7.14 ₹ 10714.0 7.42 ₹ 10742.0
3Y 5.45 ₹ 11724.0 5.72 ₹ 11816.0
5Y - ₹ - - ₹ -
7Y - ₹ - - ₹ -
10Y - ₹ - - ₹ -
15Y - ₹ - - ₹ -

Disclaimer: Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. Returns for periods above 1 year are annualised.

Investment Period Invested Amount Regular Direct
XIRR % Current Value of Invested Amount XIRR % Current Value of Invested Amount
1Y ₹ 12000 7.3427 ₹ 12471.252 7.6222 ₹ 12488.988
3Y ₹ 36000 4.447 ₹ 38524.68 4.7199 ₹ 38683.368
5Y ₹ 60000 - ₹ - - ₹ -
7Y ₹ 84000 - ₹ - - ₹ -
10Y ₹ 120000 - ₹ - - ₹ -
15Y ₹ 180000 - ₹ - - ₹ -


Date NAV Regular Growth NAV Direct Growth
24-04-2024 1243.4936 1257.247
23-04-2024 1243.4033 1257.1467
22-04-2024 1243.0909 1256.8219
19-04-2024 1242.473 1256.1703
18-04-2024 1242.3719 1256.0592
16-04-2024 1241.934 1255.5982
15-04-2024 1241.6853 1255.3378
12-04-2024 1240.9556 1254.573
08-04-2024 1239.7077 1253.2756
05-04-2024 1239.0147 1252.5479
04-04-2024 1238.6726 1252.1932
03-04-2024 1238.326 1251.8339
02-04-2024 1238.0521 1251.5481
28-03-2024 1236.4033 1249.8369
27-03-2024 1235.3389 1248.7521
26-03-2024 1235.1259 1248.5278
22-03-2024 1234.2681 1247.6253
21-03-2024 1234.1425 1247.4894
20-03-2024 1233.8373 1247.172
19-03-2024 1233.6562 1246.9802
18-03-2024 1233.4498 1246.7627
15-03-2024 1232.587 1245.8639
14-03-2024 1232.4189 1245.6852
13-03-2024 1232.2895 1245.5455
12-03-2024 1232.0144 1245.2586
11-03-2024 1231.7018 1244.9339
07-03-2024 1230.6814 1243.8672
06-03-2024 1230.3896 1243.5634
05-03-2024 1230.0802 1243.2419
04-03-2024 1229.8071 1242.957
01-03-2024 1228.9884 1242.1031
29-02-2024 1228.6893 1241.792
28-02-2024 1228.4514 1241.5427
27-02-2024 1228.1822 1241.2618
26-02-2024 1227.9228 1240.9908
23-02-2024 1227.1673 1240.2008
22-02-2024 1226.8765 1239.8981
21-02-2024 1226.3798 1239.3873
20-02-2024 1226.0888 1239.0844
16-02-2024 1225.1511 1238.0999
15-02-2024 1224.8149 1237.7513
14-02-2024 1224.56 1237.485
13-02-2024 1224.3313 1237.2451
12-02-2024 1224.1348 1237.0377
09-02-2024 1223.5069 1236.3769
08-02-2024 1223.3648 1236.2245
07-02-2024 1223.1022 1235.9504
06-02-2024 1222.8896 1235.7267
05-02-2024 1222.6689 1235.495
02-02-2024 1221.9996 1234.7923
01-02-2024 1221.7059 1234.4868
31-01-2024 1221.3881 1234.1568
30-01-2024 1221.2576 1234.0162
29-01-2024 1221.0287 1233.7762
25-01-2024 1220.0537 1232.7557
24-01-2024 1219.8527 1232.5439
23-01-2024 1219.6787 1232.3593
19-01-2024 1218.9382 1231.5763
18-01-2024 1218.735 1231.3622
17-01-2024 1218.5737 1231.1904
16-01-2024 1218.3738 1230.9798
15-01-2024 1218.1759 1230.7711
12-01-2024 1217.4618 1230.0233
11-01-2024 1217.1917 1229.7417
10-01-2024 1216.9679 1229.5068
09-01-2024 1216.7642 1229.2923
08-01-2024 1216.5301 1229.0471
05-01-2024 1215.8449 1228.3286
04-01-2024 1215.5853 1228.0576
03-01-2024 1215.4137 1227.8756
02-01-2024 1215.1124 1227.5625
01-01-2024 1214.9246 1227.364
29-12-2023 1214.1119 1226.5169
28-12-2023 1213.6468 1226.0383
27-12-2023 1213.3056 1225.6848
26-12-2023 1213.1255 1225.4942
22-12-2023 1212.1883 1224.513
21-12-2023 1212.0299 1224.3443
20-12-2023 1211.7745 1224.0776
19-12-2023 1211.5116 1223.8033
18-12-2023 1211.2734 1223.554
15-12-2023 1210.655 1222.9033
14-12-2023 1210.3917 1222.6286
13-12-2023 1210.111 1222.3364
12-12-2023 1209.9254 1222.1402
11-12-2023 1209.7803 1221.985
08-12-2023 1209.1503 1221.3226
07-12-2023 1208.9549 1221.1166
06-12-2023 1208.7143 1220.8649
05-12-2023 1208.5259 1220.6659
04-12-2023 1208.3086 1220.4377
01-12-2023 1207.6485 1219.745
30-11-2023 1207.5076 1219.594
29-11-2023 1207.3002 1219.3757
28-11-2023 1207.1051 1219.1701
24-11-2023 1206.2266 1218.2481
23-11-2023 1206.0146 1218.0254
22-11-2023 1205.8324 1217.8327
21-11-2023 1205.6199 1217.6094
20-11-2023 1205.4475 1217.4267
17-11-2023 1204.7975 1216.7443
16-11-2023 1204.5643 1216.5001
15-11-2023 1204.3708 1216.2961
13-11-2023 1203.8977 1215.801
10-11-2023 1203.1994 1215.0699
09-11-2023 1203.0362 1214.8964
08-11-2023 1202.8511 1214.7009
07-11-2023 1202.6074 1214.4462
06-11-2023 1202.3714 1214.1992
03-11-2023 1201.6733 1213.4682
02-11-2023 1201.3593 1213.1425
01-11-2023 1201.1067 1212.8788
31-10-2023 1200.8417 1212.6026
30-10-2023 1200.63 1212.3802
27-10-2023 1200.0874 1211.8065
26-10-2023 1199.8436 1211.5517
25-10-2023 1199.6464 1211.3439
23-10-2023 1199.251 1210.9275
20-10-2023 1198.6398 1210.2846
19-10-2023 1198.422 1210.056
18-10-2023 1198.2911 1209.9153
17-10-2023 1198.0302 1209.6433
16-10-2023 1197.8234 1209.4258
13-10-2023 1197.2525 1208.8236
12-10-2023 1197.0557 1208.6164
11-10-2023 1196.8403 1208.3903
10-10-2023 1196.612 1208.1512
09-10-2023 1196.451 1207.9801
06-10-2023 1195.8169 1207.3141
05-10-2023 1195.7595 1207.2476
04-10-2023 1195.533 1207.0103
03-10-2023 1195.2184 1206.6842
29-09-2023 1194.3122 1205.7349
27-09-2023 1193.7816 1205.1822
26-09-2023 1193.4424 1204.8312
25-09-2023 1193.3457 1204.7251
22-09-2023 1192.717 1204.0644
21-09-2023 1192.4844 1203.821
20-09-2023 1192.361 1203.688
18-09-2023 1191.9375 1203.2433
15-09-2023 1191.3153 1202.5896
14-09-2023 1191.1215 1202.3854
13-09-2023 1190.9104 1202.1638
12-09-2023 1190.6963 1201.9391
11-09-2023 1190.5387 1201.7715
08-09-2023 1189.918 1201.1193
07-09-2023 1189.707 1200.8978
06-09-2023 1189.4902 1200.6705
05-09-2023 1189.2957 1200.4656
04-09-2023 1189.0806 1200.24
01-09-2023 1188.4117 1199.5392
31-08-2023 1188.165 1199.2816
30-08-2023 1187.9413 1199.0474
29-08-2023 1187.6596 1198.7545
28-08-2023 1187.4336 1198.5179
25-08-2023 1186.7796 1197.8323
24-08-2023 1186.5473 1197.5893
23-08-2023 1186.2852 1197.3163
22-08-2023 1186.0745 1197.0951
21-08-2023 1185.8385 1196.8484
18-08-2023 1185.1808 1196.1589
17-08-2023 1184.9557 1195.9232
14-08-2023 1184.4549 1195.3883
11-08-2023 1183.8319 1194.7339
10-08-2023 1183.7865 1194.6796
09-08-2023 1183.652 1194.5354
08-08-2023 1183.4484 1194.3215
07-08-2023 1183.2575 1194.1203
04-08-2023 1182.6233 1193.4548
03-08-2023 1182.4599 1193.2815
02-08-2023 1182.2932 1193.1048
01-08-2023 1182.1032 1192.9046
31-07-2023 1181.8561 1192.6467
28-07-2023 1181.2294 1191.9885
27-07-2023 1181.0886 1191.838
26-07-2023 1180.8651 1191.604
25-07-2023 1180.6478 1191.3763
24-07-2023 1180.451 1191.1692
21-07-2023 1179.8377 1190.5249
20-07-2023 1179.6325 1190.3094
19-07-2023 1179.4015 1190.0678
18-07-2023 1179.2213 1189.8776
17-07-2023 1178.9832 1189.6288
14-07-2023 1178.3617 1188.9764
13-07-2023 1178.0803 1188.684
12-07-2023 1177.7598 1188.3521
11-07-2023 1177.4967 1188.0783
10-07-2023 1177.2567 1187.8276
07-07-2023 1176.6062 1187.146
06-07-2023 1176.395 1186.9244
05-07-2023 1176.2216 1186.7411
04-07-2023 1175.984 1186.493
03-07-2023 1175.5838 1186.0808
30-06-2023 1174.8561 1185.3213
28-06-2023 1174.387 1184.8312
27-06-2023 1174.1081 1184.5414
26-06-2023 1174.0029 1184.4269
23-06-2023 1173.4109 1183.8043
22-06-2023 1173.2873 1183.6712
21-06-2023 1173.0318 1183.405
20-06-2023 1172.8311 1183.1941
19-06-2023 1172.6009 1182.9535
16-06-2023 1171.9495 1182.2711
15-06-2023 1171.6105 1181.9208
14-06-2023 1171.5055 1181.8065
13-06-2023 1171.177 1181.4667
12-06-2023 1170.8872 1181.1659
09-06-2023 1170.3238 1180.5724
08-06-2023 1170.246 1180.4856
07-06-2023 1170.0906 1180.3204
06-06-2023 1169.8654 1180.0849
05-06-2023 1169.5968 1179.8056
02-06-2023 1168.9161 1179.0938
01-06-2023 1168.6567 1178.8238
31-05-2023 1168.3052 1178.4609
30-05-2023 1168.1139 1178.2595
29-05-2023 1167.8515 1177.9865
26-05-2023 1167.3529 1177.4584
25-05-2023 1167.1641 1177.2597
24-05-2023 1166.9573 1177.0427
23-05-2023 1166.7819 1176.8574
22-05-2023 1166.7354 1176.8021
19-05-2023 1165.6997 1175.7325
18-05-2023 1165.4241 1175.4461
17-05-2023 1165.1364 1175.1476
16-05-2023 1164.8398 1174.8401
15-05-2023 1164.455 1174.4437
12-05-2023 1163.7517 1173.7094
11-05-2023 1163.5519 1173.4995
10-05-2023 1163.3678 1173.3055
09-05-2023 1163.1397 1173.0671
08-05-2023 1162.981 1172.8987
04-05-2023 1162.0879 1171.9646
03-05-2023 1161.8883 1171.7551
02-05-2023 1161.6139 1171.4701
28-04-2023 1160.9614 1170.7787
27-04-2023 1160.7822 1170.5896
26-04-2023 1160.6273 1170.4252
25-04-2023 1160.4142 1170.202
24-04-2023 1160.2121 1169.9898

Fund Launch Date: 14/Jan/2020
Fund Category: Ultra Short Duration Fund
Investment Objective: 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.
Fund Description: An Open ended ultra-short term debt scheme investing in instruments such that the Macaulay duration of the portfolio is between 3 months to 6 months.
Fund Benchmark: CRISIL Ultra Short Term Debt Index
Source: Fund FactSheet

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