Should I invest in HSBC Income Fund - Short Term - Inst.?

We don't give personal investment advice. HSBC Income Fund - Short Term - Inst. - Growth is suitable for an investor whose:time horizon matches the fund's modified duration — short-duration funds for 1-3 year goals, long-duration for 7+ yearsprimary goal is capital preservation or steady accrual, not high growthtax slab is moderate — high-slab investors should evaluate post-tax yield against tax-free alternatives (PPF, tax-free bonds)Cross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 2.3%. 5-year CAGR: 8.12%.

HSBC

HSBC Income Fund - Short Term - Inst. - Growth

Returns matrix

Fund return alongside the category average and peer rank for every standard window. Returns under one year are absolute; one year and longer are compound annualised (CAGR).

Window	Fund	Category avg	+/− vs avg	Rank	Quartile
1D	+0.00%	-9.99%	+9.99	272 / 1129	Q1
1W	+0.36%	-13.04%	+13.40	104 / 1151	Q1
2W	+0.64%	-13.18%	+13.82	77 / 1149	Q1
1M	+1.40%	-13.26%	+14.67	56 / 1137	Q1
3M	+2.93%	-13.15%	+16.07	64 / 1116	Q1
6M	+5.25%	-15.45%	+20.70	84 / 906	Q1
YTD	+8.81%	-15.77%	+24.58	32 / 952	Q1
1Y	+10.10%	-13.09%	+23.19	44 / 820	Q1
2Y	+9.00%	-12.72%	+21.72	38 / 446	Q1
3Y	+9.26%	-11.01%	+20.27	17 / 385	Q1
4Y	+9.10%	-6.52%	+15.62	19 / 339	Q1
5Y	+8.12%	-7.36%	+15.49	51 / 314	Q1
7Y	+8.30%	+2.53%	+5.77	26 / 234	Q1
10Y	—	—	—	—	—
Inception	+4.89%	-13.63%	+18.52	324 / 1199	Q2

Quartile legend: Q1 top 25% Q2 25-50% Q3 50-75% Q4 bottom 25%

Calendar-year returns

Full-year performance vs category average. Current year is partial (year-to-date).

Year	Fund	Category avg	+/− vs avg	Rank
2014 YTD	+8.81%	+5.51%	+3.30	76 / 240
2013	+7.57%	-1.95%	+9.52	64 / 276
2012	+9.61%	+1.38%	+8.23	69 / 295
2011	+9.18%	-3.16%	+12.34	44 / 317
2010	+4.62%	-5.78%	+10.40	86 / 377
2009	+7.23%	-12.86%	+20.09	151 / 713
2008	+9.38%	-2.02%	+11.41	47 / 380
2007	-16.95%	+4.84%	-21.79	138 / 142
2006	—	—	—	—

Rolling returns

Removes start-date bias by averaging CAGR over every overlapping N-year window in the fund's history. Higher average plus tight min/max plus high "% positive" = consistent.

1-Year rolling

+5.74%

85 windows

min -17.7% · max 11.0%

91% positive

3-Year rolling

+6.25%

65 windows

min -0.9% · max 9.3%

82% positive

5-Year rolling

+6.16%

41 windows

min 1.9% · max 8.2%

100% positive

Limited basis — fund is young, so this average may be skewed by which 5Y windows happen to be available.

7-Year rolling

+5.05%

16 windows

min 3.8% · max 8.3%

100% positive

Limited basis — fund is young, so this average may be skewed by which 7Y windows happen to be available.

SIP returns — historical "what if"

If you had invested every month in this fund over the chosen period, this is what your investment would be worth today.

Period

Total invested

₹ —

Today's value

₹ —

XIRR

Annualised

Wealth multiplier

Period	Total invested	Today's value	XIRR	Wealth multiplier

XIRR is the annualised internal rate of return on the SIP cash flow — invariant to the monthly amount. "Today's value" and "Total invested" scale linearly with the slider. Past performance does not guarantee future returns. Excludes exit load and taxes.

Risk profile

Risk-adjusted return and volatility, computed from monthly NAV returns over the trailing 3-year and 5-year windows.

Std deviation

1.68%

3-year · annualised

Sharpe ratio

1.44

vs risk-free 6.5%

Sortino ratio

3.04

Downside-only deviation

Max drawdown

-2.33%

Jun 2013 → Aug 2013

% positive months

97.2%

Share of monthly returns > 0 over the 3-year window

Sharpe / Sortino use a risk-free rate of 6.5% (1-year T-bill proxy). Higher Sharpe = more return per unit of total risk; higher Sortino = more return per unit of downside risk.

Recent NAVs

Date	NAV
3 Nov 2014	₹17.9603
31 Oct 2014	₹17.9374
30 Oct 2014	₹17.9233
29 Oct 2014	₹17.9117
28 Oct 2014	₹17.9042
27 Oct 2014	₹17.8953
22 Oct 2014	₹17.8691
21 Oct 2014	₹17.8594
20 Oct 2014	₹17.8467
17 Oct 2014	₹17.8279

Frequently asked questions

These answers are generated from this fund's live metrics — NAV, returns, peer rank, drawdown, SIP backtest. Numbers refresh nightly after AMFI's NAV feed lands.

HSBC Income Fund - Short Term - Inst. - Growth is a Income from HSBC (Unknown plan, IDCW (dividend) option). Latest NAV isn't currently available in our feed — the AMC publishes it once per business day after market close.

HSBC Income Fund - Short Term - Inst. - Growth has NAV history starting from 03 Apr 2006, a track record of about 20 years 2 months. Long-tenured funds like this have weathered multiple market cycles — the 2008 crash, 2013 taper tantrum, 2020 COVID drawdown — which makes their returns more credible than a 3-year track record alone.

HSBC Income Fund - Short Term - Inst. - Growth is managed by HSBC. It's classified by AMFI under the 'Income' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, HSBC Income Fund - Short Term - Inst. - Growth has delivered a absolute return of 10.10% — +23.19 pp ahead of the Income category average of -13.09%. The fund ranks #44 of 820 in its category — the top (Q1) quartile.

Over the trailing 3-year window, HSBC Income Fund - Short Term - Inst. - Growth has delivered a CAGR of 9.26% — +20.27 pp ahead of the Income category average of -11.01%. The fund ranks #17 of 385 in its category — the top (Q1) quartile.

Over the trailing 5-year window, HSBC Income Fund - Short Term - Inst. - Growth has delivered a CAGR of 8.12% — +15.49 pp ahead of the Income category average of -7.36%. The fund ranks #51 of 314 in its category — the top (Q1) quartile.

₹1 lakh invested in HSBC Income Fund - Short Term - Inst. - Growth exactly 5 years ago would be worth approximately ₹147,780 today — a multiplier of 1.48×, based on the 5-year CAGR of 8.12%. The category average over the same window would have grown ₹1 lakh to ₹68,226.

A ₹10,000 monthly SIP in HSBC Income Fund - Short Term - Inst. - Growth over the last 5 years — total invested ₹600,000 — would be worth ₹753,052 today. That's an XIRR (money-weighted annualised return) of 9.01%.

HSBC Income Fund - Short Term - Inst. - Growth doesn't yet have 10 years of NAVs. Over the longest available window (7-year SIP), ₹10,000/month would have grown to ₹1,138,305 — XIRR 8.53%.

On a 5-year basis, HSBC Income Fund - Short Term - Inst. - Growth ranks #51 out of 314 funds in the Income category — that places it in the top quartile (Q1) — strong outperformance. The category average return over the same window is -7.36%; this fund delivered 8.12%.

The worst peak-to-trough decline HSBC Income Fund - Short Term - Inst. - Growth has experienced over the last 5-year window is 2.33% — its NAV fell from a high on 18 Jun 2013 to a low on 19 Aug 2013. Drawdown is a useful gauge of how much short-term pain you'd have endured to capture the long-term return.

Across all 5-year rolling windows, HSBC Income Fund - Short Term - Inst. - Growth averaged 6.16% (best 8.16%, worst 1.88%). 100% of rolling windows ended positive. The 5-year Sharpe ratio is 0.94 — reasonable risk-adjusted performance.

In calendar year 2013, HSBC Income Fund - Short Term - Inst. - Growth returned 7.57% — beating the Income category average of -1.95% by 9.52 pp. It ranked #64 of 276 in its category that year.

HSBC Income Fund - Short Term - Inst. - Growth is classified as a Debt fund. For units acquired on or after 1 April 2023, all gains are taxed at your income-tax slab rate regardless of holding period — there's no LTCG concession or indexation. For pre-April-2023 units, the old rules with indexation still apply on long-term gains.

We don't give personal investment advice. HSBC Income Fund - Short Term - Inst. - Growth is suitable for an investor whose:

time horizon matches the fund's modified duration — short-duration funds for 1-3 year goals, long-duration for 7+ years
primary goal is capital preservation or steady accrual, not high growth
tax slab is moderate — high-slab investors should evaluate post-tax yield against tax-free alternatives (PPF, tax-free bonds)

Cross-check the numbers above against alternatives before deciding. Worst 5-year drawdown: 2.3%. 5-year CAGR: 8.12%.

Educational content only — not investment advice. Tax rules summarised above reflect Budget 2024; consult a qualified adviser before transacting.