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HSBC Mutual Fund

HSBC Ultra Short Term Fund

HSBC Mutual Fund · Regular plan · Growth

3-year returns
7%
a year
NAV
₹1,460.68
▲ 0.02% · 18 Sept 2026

Returns, and where it stands

Against the average ultra short duration fund, and its place among them. Anything longer than a year is a yearly rate.

PeriodThis fundCategoryRank
1 year6.5%6%ahead1 of 26
3 years7%6.7%ahead4 of 24
5 years6.3%6%ahead5 of 23
Every period, and the Regular plan →
PeriodRegular
1 month0.5%
3 months1.7%
6 months3.5%
1 year6.5%
2 yearsp.a.6.9%
3 yearsp.a.7%
5 yearsp.a.6.3%

Figures are for the Regular plan, and the rank compares it against the same plan of its peers, best first. Based on NAV history from Jan 2020.

NAV history

▲ 6.46% in the last 1Y

1,3731,4161,46018 Sept 202520 Mar 202618 Sept 2026

Hover or tap the chart for the NAV on any date. Past NAVs are adjusted for unit splits.

If you had invested in this fund

Investment type
years
Total invested
₹1,80,000
Gain
₹19,645
XIRR (per year)
6.86%
Value today
₹1,99,645

36 monthly instalments from 22 Sept 2023, valued at the latest NAV. Past returns do not guarantee future returns.

What the ride has been like

Worked out from this fund's own NAV history, not a rating.

How bumpy
0.4% a year
about the same as the ultra short duration fund average
Worst fall so far
−1%
Mar 2020 to Mar 2020, against −2.5% for the category.
Years that made money
100%
Of every one-year stretch it has been through.
Over any three years
4.5% to 7.2%
A year, at worst and at best. Typically 6%.

How it compares

HSBC Ultra Short Term Fund against other funds in the Ultra Short Duration Fund category
Fund1Y3Y5YExpenseFund size
Nippon India Ultra Short Term Fund7%7.58%6.99%0.34%₹12,447 Cr
Tata Ultra Short Term Fund7.02%7.52%6.77%0.32%₹6,495 Cr
Aditya Birla Sun Life Ultra Short Term Fund6.68%7.5%6.76%0.27%₹18,819 Cr
Axis Ultra Short Term Fund6.8%7.45%6.77%0.36%₹6,074 Cr
Mirae Asset Ultra Short-Term Fund6.71%7.43%6.69%0.18%₹2,066 Cr
DSP Ultra Short Term Fund6.72%7.43%6.66%0.3%₹4,599 Cr
HSBC Ultra Short Term Fund6.46%7.01%6.31%

About HSBC Ultra Short Term Fund

HSBC Ultra Short Term Fund is a ultra short duration fund managed by HSBC Mutual Fund. Debt funds with a portfolio duration of 3 to 6 months. Suited to money needed in a few months.

The NAV (net asset value) is the price of one unit of the fund. It is published by the fund house every business day and changes with the value of the fund's holdings. The Growth option reinvests all gains, so its NAV reflects the fund's total return.

Tax on your gains

Gains on debt fund units bought on or after 1 April 2023 are added to your income and taxed at your slab rate, however long you hold them. Units bought before that date follow the older long-term rules.

Work out what you would owe with the capital gains tax calculator.

Every plan and option, with scheme codes
PlanOptionNAVScheme code
Growth₹1,460.6831147907
Growth₹1,483.6841147908
Growth₹1,031.7278147909
Growth₹1,079.9409147910
Growth₹1,041.8394147911
Growth₹1,007.7445147912
Growth₹1,016.0576147915
Growth₹1,031.5947147916

Frequently asked questions

What is the NAV of HSBC Ultra Short Term Fund today?

The NAV of HSBC Ultra Short Term Fund (Regular plan, Growth) is ₹1,460.6831, as of 18 Sept 2026.

What returns has HSBC Ultra Short Term Fund given?

Over the last year the Regular plan returned 6.46%, and 7.01% a year over 3 years and 6.31% a year over 5 years. That places it 4 of 24 funds in its category over 3 years. Past returns do not guarantee future returns.

How much has HSBC Ultra Short Term Fund fallen in the past?

Its deepest fall was 1% from 11 Mar 2020 to 24 Mar 2020. Of every one-year stretch in its history, 100% ended in a gain.

Which category does HSBC Ultra Short Term Fund belong to?

It is a Ultra Short Duration Fund from HSBC Mutual Fund. Debt funds with a portfolio duration of 3 to 6 months. Suited to money needed in a few months.

How are gains from HSBC Ultra Short Term Fund taxed?

Gains on debt fund units bought on or after 1 April 2023 are added to your income and taxed at your slab rate, however long you hold them. Units bought before that date follow the older long-term rules.

Source: NAVs published by the fund house through AMFI. Mutual fund investments are subject to market risks; read all scheme-related documents carefully. Past performance does not guarantee future returns. This page is for information only and is not a recommendation to buy or sell.