Should I invest in HSBC Gilt Fund - Direct Growth?

We don't give personal investment advice. HSBC Gilt Fund - Direct 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.

HSBC

HSBC Gilt Fund - Direct Growth

Latest NAV

₹75.4560

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	+0.05%	+0.07%	-0.01	19 / 28	Q3
1W	+0.14%	+0.11%	+0.03	11 / 28	Q2
2W	+0.52%	+0.47%	+0.05	16 / 28	Q3
1M	-0.18%	+0.06%	-0.24	26 / 28	Q4
3M	-1.02%	-0.31%	-0.71	22 / 28	Q4
6M	-0.26%	+0.69%	-0.94	28 / 28	Q4
YTD	-0.67%	+0.17%	-0.84	22 / 28	Q4
1Y	-1.66%	-0.15%	-1.51	22 / 28	Q4
2Y	+4.20%	+5.18%	-0.99	20 / 26	Q4
3Y	+5.37%	+6.21%	-0.84	23 / 26	Q4
4Y	—	—	—	—	—
5Y	—	—	—	—	—
7Y	—	—	—	—	—
10Y	—	—	—	—	—
Inception	+5.79%	+7.03%	-1.23	25 / 28	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	-0.67%	+0.07%	-0.74	19 / 25
2025	+4.71%	+4.92%	-0.21	13 / 24
2024	+9.64%	+9.80%	-0.16	13 / 23
2023	+6.79%	+7.39%	-0.60	20 / 23
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

+6.88%

31 windows

min -1.7% · max 11.5%

90% positive

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

3-Year rolling

+6.19%

7 windows

min 5.4% · max 6.9%

100% 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

3.86%

3-year · annualised

Sharpe ratio

-0.31

vs risk-free 6.5%

Sortino ratio

-0.58

Downside-only deviation

Max drawdown

-3.58%

May 2025 → Apr 2026

% positive months

75.0%

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 Gilt Fund

Scheme	Fund house	NAV	As of
HDFC Gilt Fund - Growth Option - Direct Plan	HDFC	₹58.9314	3 Jun 2026
Nippon India Gilt Fund - Direct Plan Growth Plan - Growth Option	Nippon India	₹43.1241	3 Jun 2026
SBI GILT FUND - DIRECT PLAN - GROWTH	SBI	₹71.2927	3 Jun 2026
ICICI Prudential Gilt Fund - Direct Plan - Growth	ICICI Prudential	₹113.6082	3 Jun 2026
Invesco India Gilt Fund - Direct Plan - Growth	Invesco	₹3,136.7839	3 Jun 2026
Bandhan Gilt Fund - Direct Plan - Growth	Bandhan	₹39.4902	3 Jun 2026
quant Gilt Fund - Growth Option - Direct Plan	Quant	₹12.2761	3 Jun 2026
Aditya Birla Sun Life Government Securities Fund - Growth - Direct Plan	Aditya Birla Sun Life	₹86.1209	3 Jun 2026
Franklin India Government Securities Fund - Direct - Growth	Franklin India	₹66.2016	3 Jun 2026
Kotak Gilt-Investment Provident Fund and Trust-Growth - Direct	Kotak	₹111.0559	3 Jun 2026

Recent NAVs

Date	NAV
3 Jun 2026	₹75.4560
2 Jun 2026	₹75.5310
1 Jun 2026	₹75.4898
29 May 2026	₹75.4821
27 May 2026	₹75.4355
26 May 2026	₹75.4266
25 May 2026	₹75.4141
22 May 2026	₹75.1761
21 May 2026	₹75.1312
20 May 2026	₹75.2177

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 Gilt Fund - Direct Growth is ₹75.4560. It's a Gilt Fund from HSBC, run as a Direct plan Growth option. NAVs update once per business day from the AMFI feed.

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

Over the trailing 1-year window, HSBC Gilt Fund - Direct Growth has delivered a absolute return of -1.66% — -1.51 pp behind the Gilt Fund category average of -0.15%. The fund ranks #22 of 28 in its category — the bottom (Q4) quartile.

Over the trailing 3-year window, HSBC Gilt Fund - Direct Growth has delivered a CAGR of 5.37% — -0.84 pp behind the Gilt Fund category average of 6.21%. The fund ranks #23 of 26 in its category — the bottom (Q4) quartile.

HSBC Gilt Fund - Direct Growth 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 Gilt Fund - Direct Growth exactly 3 years ago would be worth approximately ₹116,985 today — a multiplier of 1.17×, based on the 3-year CAGR of 5.37%. The category average over the same window would have grown ₹1 lakh to ₹119,818.

A ₹10,000 monthly SIP in HSBC Gilt Fund - Direct Growth over the last 3 years — total invested ₹360,000 — would be worth ₹382,333 today. That's an XIRR (money-weighted annualised return) of 3.94%.

HSBC Gilt Fund - Direct Growth doesn't yet have 10 years of NAVs. Over the longest available window (3-year SIP), ₹10,000/month would have grown to ₹382,333 — XIRR 3.94%.

On a 3-year basis, HSBC Gilt Fund - Direct Growth ranks #23 out of 26 funds in the Gilt Fund category — that places it in the bottom quartile (Q4) — material underperformance. The category average return over the same window is 6.21%; this fund delivered 5.37%.

The worst peak-to-trough decline HSBC Gilt Fund - Direct Growth has experienced over the last 3-year window is 3.58% — its NAV fell from a high on 28 May 2025 to a low on 02 Apr 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 Gilt Fund - Direct Growth averaged 6.19% (best 6.90%, worst 5.37%). 100% of rolling windows ended positive. The 3-year Sharpe ratio is -0.31 — negative risk-adjusted performance.

In calendar year 2025, HSBC Gilt Fund - Direct Growth returned 4.71% — lagging the Gilt Fund category average of 4.92% by 0.21 pp. It ranked #13 of 24 in its category that year.

HSBC Gilt Fund - Direct 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 Gilt Fund - Direct 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.

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