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

We don't give personal investment advice. HSBC Ultra Short Term Bond Fund - Inst. Plus - 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: 9.4%. 5-year CAGR: 6.09%.

HSBC

HSBC Ultra Short Term Bond Fund - Inst. Plus - 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	252 / 1129	Q1
1W	+0.08%	-13.04%	+13.12	284 / 1151	Q1
2W	-9.12%	-13.18%	+4.06	957 / 1149	Q4
1M	-8.72%	-13.26%	+4.54	938 / 1137	Q4
3M	-7.56%	-13.15%	+5.58	920 / 1116	Q4
6M	-5.48%	-15.45%	+9.97	700 / 906	Q4
YTD	-6.05%	-15.77%	+9.72	739 / 952	Q4
1Y	-1.78%	-13.09%	+11.31	608 / 820	Q3
2Y	+2.26%	-12.72%	+14.98	186 / 446	Q2
3Y	+4.18%	-11.01%	+15.19	127 / 385	Q2
4Y	+5.27%	-6.52%	+11.79	103 / 339	Q2
5Y	+6.09%	-7.36%	+13.45	86 / 314	Q2
7Y	+7.08%	+2.53%	+4.55	69 / 234	Q2
10Y	+5.49%	+3.14%	+2.35	33 / 101	Q2
Inception	+4.35%	-13.63%	+17.99	333 / 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
2019 YTD	-6.05%	-4.85%	-1.20	37 / 56
2018	+7.36%	+1.30%	+6.06	2 / 90
2017	+7.01%	+1.63%	+5.39	11 / 137
2016	+8.55%	+3.02%	+5.53	30 / 181
2015	+8.87%	+2.22%	+6.65	12 / 216
2014	+9.98%	+5.51%	+4.47	53 / 240
2013	+9.28%	-1.95%	+11.23	15 / 276
2012	+8.93%	+1.38%	+7.55	112 / 295
2011	+1.24%	-3.16%	+4.41	125 / 317
2010	+0.11%	-5.78%	+5.89	243 / 377
2009	+0.51%	-12.86%	+13.37	338 / 713

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

+5.28%

142 windows

min -1.8% · max 10.7%

90% positive

3-Year rolling

+5.63%

118 windows

min 0.3% · max 9.7%

100% positive

5-Year rolling

+5.97%

94 windows

min 0.3% · max 9.2%

100% positive

7-Year rolling

+6.09%

69 windows

min 2.7% · max 8.7%

100% 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

5.33%

3-year · annualised

Sharpe ratio

-0.42

vs risk-free 6.5%

Sortino ratio

-0.45

Downside-only deviation

Max drawdown

-9.40%

Jun 2019 → Jun 2019

% 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
11 Jun 2019	₹17.1524
10 Jun 2019	₹17.1520
7 Jun 2019	₹17.1444
6 Jun 2019	₹17.1495
4 Jun 2019	₹17.1387
3 Jun 2019	₹18.9165
31 May 2019	₹18.8925
30 May 2019	₹18.8826
29 May 2019	₹18.8806
28 May 2019	₹18.8746

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. Plus - 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. Plus - 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. Plus - 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. Plus - Dividend - Daily has delivered a absolute return of -1.78% — +11.31 pp ahead of the Income category average of -13.09%. The fund ranks #608 of 820 in its category — the third (Q3) quartile.

Over the trailing 3-year window, HSBC Ultra Short Term Bond Fund - Inst. Plus - Dividend - Daily has delivered a CAGR of 4.18% — +15.19 pp ahead of the Income category average of -11.01%. The fund ranks #127 of 385 in its category — the second (Q2) quartile.

Over the trailing 5-year window, HSBC Ultra Short Term Bond Fund - Inst. Plus - Dividend - Daily has delivered a CAGR of 6.09% — +13.45 pp ahead of the Income category average of -7.36%. The fund ranks #86 of 314 in its category — the second (Q2) quartile.

₹1 lakh invested in HSBC Ultra Short Term Bond Fund - Inst. Plus - Dividend - Daily exactly 10 years ago would be worth approximately ₹170,619 today — a multiplier of 1.71×, based on the 10-year CAGR of 5.49%. 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. Plus - Dividend - Daily over the last 5 years — total invested ₹600,000 — would be worth ₹662,987 today. That's an XIRR (money-weighted annualised return) of 3.94%.

A ₹10,000 monthly SIP for 10 years in HSBC Ultra Short Term Bond Fund - Inst. Plus - Dividend - Daily = ₹1,200,000 invested. It would currently be worth ₹1,627,869 (multiplier 1.36×). XIRR: 5.94%. 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. Plus - Dividend - Daily ranks #86 out of 314 funds in the Income category — that places it in the second quartile (Q2) — above the median. The category average return over the same window is -7.36%; this fund delivered 6.09%.

The worst peak-to-trough decline HSBC Ultra Short Term Bond Fund - Inst. Plus - Dividend - Daily has experienced over the last 5-year window is 9.40% — its NAV fell from a high on 03 Jun 2019 to a low on 04 Jun 2019. 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. Plus - Dividend - Daily averaged 5.97% (best 9.21%, worst 0.25%). 100% of rolling windows ended positive. The 5-year Sharpe ratio is -0.11 — negative risk-adjusted performance.

In calendar year 2018, HSBC Ultra Short Term Bond Fund - Inst. Plus - Dividend - Daily returned 7.36% — beating the Income category average of 1.30% by 6.06 pp. It ranked #2 of 90 in its category that year.

HSBC Ultra Short Term Bond Fund - Inst. Plus - 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. Plus - 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: 9.4%. 5-year CAGR: 6.09%.

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

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

NAV history & peer comparison

Returns matrix

Calendar-year returns

Rolling returns

SIP returns — historical "what if"

Risk profile

Recent NAVs

Frequently asked questions

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