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3 star

HSBC Ultra Short Duration Fund - Regular Plan


1 Lakh

Investment Grown to
₹ 1.03 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.22 Lakh

Suitability:

"Ultra Short Duration debt funds invest in bonds maturing in three to six months. They aim to earn slightly better returns than what you can get from a bank account or a short duration fixed deposit. The risk of incurring a loss in these funds over the said timeframe is low but they do not guarantee returns or safety of capital.

Such funds are usually more suited to institutional investors. Retail investors can avoid these funds altogether. Here's why. Debt funds are very finely classified depending upon the maturity of the bonds they invest in. For instance, there's a different category of funds that invests in bonds of up to three months maturity, from the one that invests in bonds maturing in three to six months, and so on. We believe that such a nuanced classification adds little value to retail investors. They can avoid this complexity and simply invest the money they don't need for up to a year in a Liquid fund.

If you do decide to invest in them, remember that these funds usually deliver low returns which are only marginally higher than your bank account. They are not suitable if your aim is to build wealth in the long run."

Taxability of earnings:

Capital gains

  • If the mutual fund units are sold after 3 years from the date of investment, gains are taxed at the rate of 20% after providing the benefit of inflation indexation.
  • If the mutual fund units are sold within 3 years from the date of investment, entire amount of gain is added to the investors' income and taxed according to the applicable slab rate.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

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(₹)
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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund 3.25 0.01 0.06 0.37 0.76 1.75 3.46 -- -- -- --
CCIL T Bill Liquidity Weight 1.88 0.01 0.04 0.17 0.44 1.07 2.04 -- -- -- --
Debt: Ultra Short Duration 3.27 0.01 0.06 0.32 0.83 1.83 3.47 -- -- -- --
Rank within category 9 17 6 3 9 9 9 -- -- -- --
Number of funds in category 27 28 28 28 28 28 27 20 14 14 12

As on 07-Dec-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
HSBC Ultra Short Duration Fund - Regular Plan  | Invest Online
3 star
Jan-20 3.46 -- -- 0.48% 1,939
Aditya Birla Sun Life Savings Fund  | Invest Online
5 star
Nov-01 3.92 6.57 6.83 0.48% 16,758
HDFC Ultra Short Term Fund - Regular Plan  | Invest Online
4 star
Sep-18 3.55 6.01 -- 0.64% 14,452
ICICI Prudential Ultra Short Term Fund  | Invest Now
5 star
May-11 3.99 6.42 6.67 0.91% 11,896
Kotak Savings Fund Regular Plan  | Invest Online
4 star
Aug-04 3.18 5.72 6.21 0.77% 11,873

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 1.17 24-Mar-2020 - 31-Mar-2020 -0.84 17-Mar-2020 - 24-Mar-2020
Month 1.82 24-Mar-2020 - 23-Apr-2020 -0.58 25-Feb-2020 - 26-Mar-2020
Quarter 3.09 24-Mar-2020 - 24-Jun-2020 0.68 13-Nov-2020 - 12-Feb-2021
Year 6.00 24-Mar-2020 - 25-Mar-2021 3.40 27-Oct-2020 - 27-Oct-2021

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund -- -- -- -- -- --
CCIL T Bill Liquidity Weight* 3.18 0.40 -1.54 -4.30 -- --
Debt: Ultra Short Duration* 5.22 1.35 1.71 4.14 1.06 2.08
Rank within category -- -- -- -- -- --
Number of funds in category -- -- -- -- -- --

The Risk Measures have been calculated using calendar month returns for the last three years.

As on

* As on 30-Nov-2021

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 23 38 16 44
Modified Duration (yrs) 0.32 0.80 0.30 --
Average Maturity (yrs) 0.32 0.85 0.30 --
Yield to Maturity (%) 3.95 3.95 3.19 --
Avg Credit Rating AAA -- -- --

Value Research Fund Style*

Credit Rating vis-à-vis Category

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Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
equal HDFC Bank 21/03/2022 Certificate of Deposit A1+ 0.00 - 9.52 8.92
new Reserve Bank of India 364-D 11/03/2022 Treasury Bills SOV 0.00 - 7.66 7.66
new Reliance Industries 230-D 14/03/2022 Commercial Paper A1+ 0.00 - 7.65 7.65
equal 9.95% Food Corporation of India 2022 Bonds AAA 0.00 - 8.59 6.55
equal 7.60% Nat. Highways Authority 18/03/2022 Bonds AAA 0.00 - 5.87 5.21
equal Export-Import Bank 181-D 30/03/2022 Certificate of Deposit A1+ 0.00 - 5.43 5.10
down 8.58% HDFC 18/03/2022 Debenture AAA 0.00 - 6.45 3.92
equal 6.60% REC 21/03/2022 Debenture AAA 0.00 - 7.62 3.90
equal ICICI Securities 177-D 17/12/2021 Commercial Paper A1+ 0.00 - 4.12 3.86
equal L&T Finance 238-D 28/01/2022 Commercial Paper A1+ 0.00 - 4.69 3.84
equal Axis Bank 2022 Certificate of Deposit A1+ 0.00 - 5.93 3.84
new Export-Import Bank 212-D 17/03/2022 Certificate of Deposit A1+ 0.00 - 3.83 3.83
equal Kotak Mahindra Investments 184-D 03/03/2022 Commercial Paper A1+ 0.00 - 4.08 3.83
equal National Bank Agr. Rur. Devp 2022 Commercial Paper A1+ 0.00 - 8.29 2.56
equal Kotak Mahindra Investments 351-D 28/01/2022 Commercial Paper A1+ 0.00 - 3.13 2.56
equal Tata Capital Financial Services 196-D 11/03/2022 Commercial Paper A1+ 0.00 - 2.72 2.55
equal SIDBI 18/03/2022 Commercial Paper A1+ 0.00 - 2.72 2.55
equal Tata Capital Housing Finance 347-D 28/06/2022 Commercial Paper A1+ 0.00 - 3.07 2.52
equal Axis Bank 2022 Certificate of Deposit A1+ 0.00 - 2.18 2.04
down 8.30% Reliance Industries 2022 Debenture AAA 0.00 - 8.83 1.30
equal 7.67% L&T Infrastructre Finance 18/03/2022 Non Convertible Debenture AAA 0.00 - 1.72 1.30
new Axis Bank 16/06/2022 Certificate of Deposit A1+ 0.00 - 1.26 1.26
equal LIC Housing Fin. 25/02/2022 Debenture AAA 0.00 - 0.39 0.31

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 30-Nov-2021

*As on 31-Oct-2021

Fund Manager

— Kapil Punjabi since 14-Jan-2020

Education: Mr. Kapil Punjabi is MMS from Mumbai University.

Experience: Prior to joining HSBC Asset Management (India) Pvt. Ltd., he has worked with Taurus Asset Management Co. Ltd., Edelweiss Asset Management Ltd., Edelweiss Securities Ltd. and Trans Market Group Research (India) Pvt. Ltd.

Funds Managed:


0.01%

Change from previous, NAV as on 07-Dec-2021

Growth: ₹ 1,083.2633

IDCW Weekly: ₹ 1,025.4973

More

IDCW Monthly: ₹ 1,020.2399

IDCW Daily: ₹ 1,027.6899


Investment Strategy

The scheme seeks to provide liquidity and generate reasonable returns with low volatility through investment in a portfolio comprising of debt & money market instruments.

Investment Details

Minimum Investment (₹) 5,000
Minimum Addl Investment (₹) 1,000
Minimum SIP Investment (₹) 500
Minimum No of Cheques 12
Minimum Withdrawal (₹) 1
Minimum Balance (₹) --
Lock-in Period Not Applicable
Exit Load 0

Basic Details

Fund House: HSBC Mutual Fund
Launch Date: 30-Jan-2020
Return Since Launch: 4.41%
Benchmark: CRISIL Ultra Short Term Debt Index
Riskometer: Low to Moderate
Type: Open-ended
Assets: ₹ 1,939 Cr (As on 30-Nov-2021)
Expense: 0.48% (As on 31-Oct-2021)
Risk Grade: Below Average
Return Grade: Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Daily06-Dec-20210.2752

 03-Dec-20210.0922
 02-Dec-20210.1133
 01-Dec-20210.1229
 30-Nov-20210.1231
 29-Nov-20210.2829
 26-Nov-20210.1093
 25-Nov-20210.0736
 24-Nov-20210.1459
 23-Nov-20210.0809
 22-Nov-20210.3718
 18-Nov-20210.1063
 17-Nov-20210.0808
 16-Nov-20210.0943
 15-Nov-20210.3402
 12-Nov-20210.0934
 11-Nov-20210.1142
 10-Nov-20210.2011
 09-Nov-20210.3052
 08-Nov-20210.6217
 03-Nov-20210.1323
 02-Nov-20210.1512
 01-Nov-20210.1641
 25-Oct-20210.1815
 22-Oct-20210.0404
IDCW Weekly30-Nov-20210.7331

 23-Nov-20210.6381
 16-Nov-20210.8412
 09-Nov-20211.0564
 03-Nov-20210.4132
 26-Oct-20210.1225
 20-Oct-20210.5541
 12-Oct-20210.9312
 05-Oct-20210.5493
 28-Sep-20210.1945
 21-Sep-20210.5907
 14-Sep-20210.5174
 07-Sep-20210.7716
 31-Aug-20210.7886
 24-Aug-20210.9596
 17-Aug-20210.9522
 10-Aug-20210.6805
 03-Aug-20210.5833
 27-Jul-20210.8123
 20-Jul-20210.8826
 13-Jul-20210.8856
 06-Jul-20210.7915
 29-Jun-20210.6666
 22-Jun-20210.4420
 15-Jun-20210.7087
IDCW Monthly25-Nov-20213.0552

 25-Oct-20212.2510
 27-Sep-20212.7263
 25-Aug-20213.4028
 26-Jul-20213.6784
 25-Jun-20212.5552
 25-May-20212.7146
 26-Apr-20213.4739
 25-Mar-20213.2625
 25-Feb-20212.9979
 25-Jan-20211.8650
 28-Dec-20202.3410
 25-Nov-20203.2879
 26-Oct-20204.3664
 25-Sep-20200.5850
 25-Aug-20203.0334
 25-Jun-20200.6060
 26-May-20204.7171
 27-Apr-20206.1200
 25-Feb-20202.8316

Contact Information

AMC: HSBC Global Asset Management Company (India) Private Limited

Address: 9-11th Floor, NESCO - IT Park Bldg. 3, Nesco Complex, Western Express Highway, Goregaon East, Mumbai - 400063

Phone: 022-66145000 / 66668819 / 1800-200-2434

Fax: 022-40029600

Email: [email protected]

Website: http://www.assetmanagement.hsbc.co.in

Registrar & Transfer Agent: Computer Age Management Services Ltd.

Address: 7th Floor, Tower II, Rayala Towers, 158, Anna Salai, Chennai - 600002

Phone: 1800-3010-6767 / 1800-419-7676

Fax: 044-30407101

Email: [email protected]

Website: www.camsonline.com

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