Should I invest in HSBC Banking and PSU Debt Fund - Direct Monthly IDCW?

We don't give personal investment advice. HSBC Banking and PSU Debt Fund - Direct Monthly IDCW is suitable for an investor whose:understands what asset class this scheme actually invests in (check the factsheet)matches that asset class's volatility profile to their goal horizonCross-check the numbers above against alternatives before deciding.

HSBC

HSBC Banking and PSU Debt Fund - Direct Monthly IDCW

Latest NAV

₹11.0663

As of

3 Jun 2026

850 NAV records on file

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	+0.07%	+0.04%	+0.03	18 / 60	Q2
1W	+0.26%	+0.18%	+0.08	13 / 60	Q1
2W	-0.24%	+0.25%	-0.49	59 / 60	Q4
1M	-0.44%	+0.10%	-0.53	56 / 60	Q4
3M	-1.41%	-0.18%	-1.22	56 / 60	Q4
6M	-2.26%	+0.11%	-2.37	57 / 60	Q4
YTD	-1.84%	+0.01%	-1.85	55 / 60	Q4
1Y	-3.02%	+0.62%	-3.64	57 / 60	Q4
2Y	-0.68%	+2.02%	-2.70	57 / 60	Q4
3Y	-0.81%	+1.80%	-2.62	54 / 57	Q4
4Y	—	—	—	—	—
5Y	—	—	—	—	—
7Y	—	—	—	—	—
10Y	—	—	—	—	—
Inception	-0.59%	+1.97%	-2.56	56 / 57	Q4

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
2026 YTD	-1.84%	-0.12%	-1.72	47 / 51
2025	+0.52%	+2.37%	-1.84	27 / 52
2024	-0.13%	+2.35%	-2.48	49 / 53
2023	-0.65%	+2.08%	-2.73	51 / 51
2022	—	—	—	—

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

-0.10%

31 windows

min -3.0% · max 2.1%

45% positive

Limited basis — fund is young, so this average may be skewed by which 1Y windows happen to be available.

3-Year rolling

-0.36%

7 windows

min -0.8% · max 0.0%

14% positive

Limited basis — fund is young, so this average may be skewed by which 3Y windows happen to be available.

5-Year rolling

—

Insufficient history

7-Year rolling

—

Insufficient history

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

1.27%

3-year · annualised

Sharpe ratio

-5.77

vs risk-free 6.5%

Sortino ratio

-7.08

Downside-only deviation

Max drawdown

-3.69%

May 2025 → May 2026

% positive months

36.1%

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.

Peers in Banking & PSU Fund

Scheme	Fund house	NAV	As of
HDFC Banking and PSU Debt Fund - IDCW Option - Direct Plan	HDFC	₹10.0227	3 Jun 2026
NIPPON INDIA BANKING and PSU FUND - Direct Plan - IDCW Option	Nippon India	₹22.3658	3 Jun 2026
SBI Banking & PSU Fund - Direct Plan - Daily Income Distribution cum Capital Withdrawal Option (IDCW)	SBI	₹1,520.0680	3 Jun 2026
ICICI Prudential Banking and PSU Debt Fund - Direct Plan - Quarterly IDCW	ICICI Prudential	₹12.9930	3 Jun 2026
Invesco India Banking and PSU Fund - Direct Plan - Daily IDCW (Reinvestment)	Invesco	₹1,062.6489	3 Jun 2026
Bandhan Banking and PSU Fund - Direct Annual IDCW	Bandhan	₹12.0978	3 Jun 2026
Aditya Birla Sun Life Banking & PSU Debt Fund - DIRECT - IDCW	Aditya Birla Sun Life	₹104.7496	3 Jun 2026
Franklin India Banking and PSU Debt Fund - Direct - IDCW	Franklin India	₹11.5390	3 Jun 2026
Mirae Asset Banking and PSU Fund - Direct Plan - IDCW	Mirae Asset	₹13.7262	3 Jun 2026
Kotak Banking and PSU Debt Direct - Monthly Payout of Income Distribution cum capital withdrawal option	Kotak	₹10.2444	3 Jun 2026

Recent NAVs

Date	NAV
3 Jun 2026	₹11.0663
2 Jun 2026	₹11.0697
1 Jun 2026	₹11.0619
29 May 2026	₹11.0575
27 May 2026	₹11.0490
26 May 2026	₹11.0406
25 May 2026	₹11.1039
22 May 2026	₹11.0841
21 May 2026	₹11.0758
20 May 2026	₹11.0900

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.

As of 03 Jun 2026, the NAV of HSBC Banking and PSU Debt Fund - Direct Monthly IDCW is ₹11.0663. It's a Banking & PSU Fund from HSBC, run as a Direct plan IDCW (dividend) option. NAVs update once per business day from the AMFI feed.

HSBC Banking and PSU Debt Fund - Direct Monthly IDCW has NAV history starting from 28 Nov 2022, a track record of about 3 years 6 months. It's a relatively new scheme. With under 5 years of NAVs, peer comparison is the best yardstick — point-to-point returns can be skewed by entry timing.

HSBC Banking and PSU Debt Fund - Direct Monthly IDCW is managed by HSBC. It's classified by AMFI under the 'Banking & PSU Fund' SEBI category, which determines its peer set and tax treatment.

Over the trailing 1-year window, HSBC Banking and PSU Debt Fund - Direct Monthly IDCW has delivered a absolute return of -3.02% — -3.64 pp behind the Banking & PSU Fund category average of 0.62%. The fund ranks #57 of 60 in its category — the bottom (Q4) quartile.

Over the trailing 3-year window, HSBC Banking and PSU Debt Fund - Direct Monthly IDCW has delivered a CAGR of -0.81% — -2.62 pp behind the Banking & PSU Fund category average of 1.80%. The fund ranks #54 of 57 in its category — the bottom (Q4) quartile.

HSBC Banking and PSU Debt Fund - Direct Monthly IDCW doesn't have a complete 5-year window yet (we need at least 5 year of NAVs). Check the shorter-window returns above.

₹1 lakh invested in HSBC Banking and PSU Debt Fund - Direct Monthly IDCW exactly 3 years ago would be worth approximately ₹97,586 today — a multiplier of 0.98×, based on the 3-year CAGR of -0.81%. The category average over the same window would have grown ₹1 lakh to ₹105,510.

A ₹10,000 monthly SIP in HSBC Banking and PSU Debt Fund - Direct Monthly IDCW over the last 3 years — total invested ₹360,000 — would be worth ₹354,127 today. That's an XIRR (money-weighted annualised return) of -1.06%.

HSBC Banking and PSU Debt Fund - Direct Monthly IDCW doesn't yet have 10 years of NAVs. Over the longest available window (3-year SIP), ₹10,000/month would have grown to ₹354,127 — XIRR -1.06%.

On a 3-year basis, HSBC Banking and PSU Debt Fund - Direct Monthly IDCW ranks #54 out of 57 funds in the Banking & PSU Fund category — that places it in the bottom quartile (Q4) — material underperformance. The category average return over the same window is 1.80%; this fund delivered -0.81%.

The worst peak-to-trough decline HSBC Banking and PSU Debt Fund - Direct Monthly IDCW has experienced over the last 3-year window is 3.69% — its NAV fell from a high on 26 May 2025 to a low on 26 May 2026. Drawdown is a useful gauge of how much short-term pain you'd have endured to capture the long-term return.

Across all 3-year rolling windows, HSBC Banking and PSU Debt Fund - Direct Monthly IDCW averaged -0.36% (best 0.01%, worst -0.81%). 14% of rolling windows ended positive. The 3-year Sharpe ratio is -5.77 — negative risk-adjusted performance.

In calendar year 2025, HSBC Banking and PSU Debt Fund - Direct Monthly IDCW returned 0.52% — lagging the Banking & PSU Fund category average of 2.37% by 1.84 pp. It ranked #27 of 52 in its category that year.

HSBC Banking and PSU Debt Fund - Direct Monthly IDCW doesn't fit cleanly into the standard Equity/Debt buckets in our taxonomy. Tax treatment depends on actual asset allocation as disclosed by the AMC — check the factsheet or AMFI's classification table.

We don't give personal investment advice. HSBC Banking and PSU Debt Fund - Direct Monthly IDCW is suitable for an investor whose:

understands what asset class this scheme actually invests in (check the factsheet)
matches that asset class's volatility profile to their goal horizon

Cross-check the numbers above against alternatives before deciding.

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