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

We don't give personal investment advice. HSBC Ultra Short Term Bond Fund - Inst. - Dividend - Daily 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: 13.5%. 5-year CAGR: 0.00%.

HSBC

HSBC Ultra Short Term Bond Fund - Inst. - Dividend - Daily

NAV history & peer comparison

All NAVs split-adjusted and normalised to 100 at the start of the selected period, so funds with very different absolute NAV scales can be compared on one axis.

Period

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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	275 / 1129	Q1
1W	+0.00%	-13.04%	+13.04	380 / 1151	Q2
2W	+0.00%	-13.18%	+13.18	357 / 1149	Q2
1M	+0.00%	-13.26%	+13.26	373 / 1137	Q2
3M	+0.00%	-13.15%	+13.15	425 / 1116	Q2
6M	+0.34%	-15.45%	+15.80	421 / 906	Q2
YTD	+0.00%	-15.77%	+15.77	432 / 952	Q2
1Y	+0.00%	-13.09%	+13.09	456 / 820	Q3
2Y	+1.50%	-12.72%	+14.22	205 / 446	Q2
3Y	+2.12%	-11.01%	+13.13	154 / 385	Q2
4Y	+0.00%	-6.52%	+6.52	238 / 339	Q3
5Y	+0.00%	-7.36%	+7.36	226 / 314	Q3
7Y	+0.04%	+2.53%	-2.48	185 / 234	Q4
10Y	+0.05%	+3.14%	-3.09	88 / 101	Q4
Inception	+0.03%	-13.63%	+13.66	510 / 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
2022 YTD	+0.00%	-0.28%	+0.28	8 / 14
2021	+2.75%	+5.14%	-2.40	28 / 42
2020	+3.31%	+5.20%	-1.89	33 / 45
2019	-5.84%	-4.85%	-0.98	36 / 56
2018	+0.01%	+1.30%	-1.28	63 / 90
2017	-0.02%	+1.63%	-1.65	99 / 137
2016	+0.32%	+3.02%	-2.71	119 / 181
2015	+0.01%	+2.22%	-2.21	151 / 216
2014	+0.19%	+5.51%	-5.32	164 / 240
2013	+0.00%	-1.95%	+1.95	167 / 276
2012	+0.00%	+1.38%	-1.38	216 / 295

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

+0.05%

185 windows

min -13.5% · max 12.9%

43% positive

3-Year rolling

-0.16%

160 windows

min -4.7% · max 3.2%

46% positive

5-Year rolling

-0.17%

136 windows

min -2.8% · max 0.2%

45% positive

7-Year rolling

-0.14%

112 windows

min -2.0% · max 0.1%

65% positive

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

7.09%

3-year · annualised

Sharpe ratio

-0.58

vs risk-free 6.5%

Sortino ratio

-0.82

Downside-only deviation

Max drawdown

-9.75%

May 2020 → May 2020

% positive months

72.2%

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
25 Nov 2022	₹10.0519
24 Nov 2022	₹10.0519
23 Nov 2022	₹10.0519
22 Nov 2022	₹10.0519
21 Nov 2022	₹10.0519
18 Nov 2022	₹10.0519
17 Nov 2022	₹10.0519
16 Nov 2022	₹10.0519
15 Nov 2022	₹10.0519
14 Nov 2022	₹10.0519

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 Ultra Short Term Bond Fund - Inst. - Dividend - Daily 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 Ultra Short Term Bond Fund - Inst. - Dividend - Daily has NAV history starting from 18 Oct 2006, a track record of about 19 years 7 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 Ultra Short Term Bond Fund - Inst. - Dividend - Daily 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 Ultra Short Term Bond Fund - Inst. - Dividend - Daily has delivered a absolute return of 0.00% — +13.09 pp ahead of the Income category average of -13.09%. The fund ranks #456 of 820 in its category — the third (Q3) quartile.

Over the trailing 3-year window, HSBC Ultra Short Term Bond Fund - Inst. - Dividend - Daily has delivered a CAGR of 2.12% — +13.13 pp ahead of the Income category average of -11.01%. The fund ranks #154 of 385 in its category — the second (Q2) quartile.

Over the trailing 5-year window, HSBC Ultra Short Term Bond Fund - Inst. - Dividend - Daily has delivered a CAGR of 0.00% — +7.36 pp ahead of the Income category average of -7.36%. The fund ranks #226 of 314 in its category — the third (Q3) quartile.

₹1 lakh invested in HSBC Ultra Short Term Bond Fund - Inst. - Dividend - Daily exactly 10 years ago would be worth approximately ₹100,510 today — a multiplier of 1.01×, based on the 10-year CAGR of 0.05%. The category average over the same window would have grown ₹1 lakh to ₹136,244.

A ₹10,000 monthly SIP in HSBC Ultra Short Term Bond Fund - Inst. - Dividend - Daily over the last 5 years — total invested ₹600,000 — would be worth ₹614,308 today. That's an XIRR (money-weighted annualised return) of 0.93%.

A ₹10,000 monthly SIP for 10 years in HSBC Ultra Short Term Bond Fund - Inst. - Dividend - Daily = ₹1,200,000 invested. It would currently be worth ₹1,216,227 (multiplier 1.01×). XIRR: 0.27%. Long-horizon SIP results matter more than point-to-point returns because they smooth out entry timing.

On a 5-year basis, HSBC Ultra Short Term Bond Fund - Inst. - Dividend - Daily ranks #226 out of 314 funds in the Income category — that places it in the third quartile (Q3) — below the median. The category average return over the same window is -7.36%; this fund delivered 0.00%.

The worst peak-to-trough decline HSBC Ultra Short Term Bond Fund - Inst. - Dividend - Daily has experienced over the last 5-year window is 13.54% — its NAV fell from a high on 05 Feb 2018 to a low on 11 May 2020. 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 Ultra Short Term Bond Fund - Inst. - Dividend - Daily averaged -0.17% (best 0.17%, worst -2.80%). 45% of rolling windows ended positive. The 5-year Sharpe ratio is -0.91 — negative risk-adjusted performance.

In calendar year 2021, HSBC Ultra Short Term Bond Fund - Inst. - Dividend - Daily returned 2.75% — lagging the Income category average of 5.14% by 2.40 pp. It ranked #28 of 42 in its category that year.

HSBC Ultra Short Term Bond Fund - Inst. - Dividend - Daily 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 Ultra Short Term Bond Fund - Inst. - Dividend - Daily 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: 13.5%. 5-year CAGR: 0.00%.

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