Should I invest in HSBC Gilt Fund?

We don't give personal investment advice. HSBC Gilt Fund - 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: 8.8%. 5-year CAGR: 8.78%.

HSBC

HSBC Gilt Fund - 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%	+0.01%	-0.01	40 / 67	Q3
1W	—	—	—	—	—
2W	-0.30%	-9.67%	+9.37	54 / 73	Q3
1M	-0.47%	-9.89%	+9.42	47 / 72	Q3
3M	+1.68%	-12.90%	+14.58	10 / 76	Q1
6M	+3.71%	-12.24%	+15.95	14 / 76	Q1
YTD	+5.71%	-12.22%	+17.93	9 / 75	Q1
1Y	+7.65%	-10.28%	+17.93	9 / 75	Q1
2Y	+10.05%	-12.45%	+22.50	5 / 71	Q1
3Y	+8.39%	-16.88%	+25.27	11 / 70	Q1
4Y	+8.85%	-23.11%	+31.96	10 / 65	Q1
5Y	+8.78%	-27.10%	+35.88	8 / 60	Q1
7Y	+6.19%	-19.22%	+25.41	15 / 49	Q2
10Y	—	—	—	—	—
Inception	+5.84%	-18.29%	+24.13	24 / 85	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
2015 YTD	+5.71%	+0.91%	+4.81	19 / 36
2014	+14.88%	+5.14%	+9.74	13 / 43
2013	+2.97%	-3.23%	+6.20	17 / 48
2012	+10.04%	+5.57%	+4.46	6 / 55
2011	+8.90%	+2.07%	+6.84	3 / 59
2010	+6.86%	+0.75%	+6.12	5 / 68
2009	-5.77%	-6.22%	+0.45	28 / 65
2008	+5.71%	+7.61%	-1.91	39 / 63
2007	+4.45%	+1.73%	+2.72	28 / 53
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

+6.13%

106 windows

min -7.3% · max 16.9%

89% positive

3-Year rolling

+5.69%

82 windows

min 0.4% · max 10.7%

100% positive

5-Year rolling

+6.05%

57 windows

min 3.2% · max 9.2%

100% positive

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

7-Year rolling

+5.55%

33 windows

min 4.7% · max 6.4%

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

4.15%

3-year · annualised

Sharpe ratio

0.40

vs risk-free 6.5%

Sortino ratio

0.83

Downside-only deviation

Max drawdown

-8.79%

May 2013 → Aug 2013

% 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
1 Dec 2015	₹18.4778
19 Nov 2015	₹18.5308
18 Nov 2015	₹18.5297
17 Nov 2015	₹18.5334
16 Nov 2015	₹18.5431
13 Nov 2015	₹18.5434
10 Nov 2015	₹18.5028
9 Nov 2015	₹18.4712
6 Nov 2015	₹18.5106
5 Nov 2015	₹18.5140

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

Over the trailing 1-year window, HSBC Gilt Fund - Growth has delivered a absolute return of 7.65% — +17.93 pp ahead of the Gilt category average of -10.28%. The fund ranks #9 of 75 in its category — the top (Q1) quartile.

Over the trailing 3-year window, HSBC Gilt Fund - Growth has delivered a CAGR of 8.39% — +25.27 pp ahead of the Gilt category average of -16.88%. The fund ranks #11 of 70 in its category — the top (Q1) quartile.

Over the trailing 5-year window, HSBC Gilt Fund - Growth has delivered a CAGR of 8.78% — +35.88 pp ahead of the Gilt category average of -27.10%. The fund ranks #8 of 60 in its category — the top (Q1) quartile.

₹1 lakh invested in HSBC Gilt Fund - Growth exactly 5 years ago would be worth approximately ₹152,310 today — a multiplier of 1.52×, based on the 5-year CAGR of 8.78%. The category average over the same window would have grown ₹1 lakh to ₹20,585.

A ₹10,000 monthly SIP in HSBC Gilt Fund - Growth over the last 5 years — total invested ₹600,000 — would be worth ₹746,995 today. That's an XIRR (money-weighted annualised return) of 8.69%.

HSBC Gilt Fund - Growth doesn't yet have 10 years of NAVs. Over the longest available window (7-year SIP), ₹10,000/month would have grown to ₹1,132,645 — XIRR 8.40%.

On a 5-year basis, HSBC Gilt Fund - Growth ranks #8 out of 60 funds in the Gilt category — that places it in the top quartile (Q1) — strong outperformance. The category average return over the same window is -27.10%; this fund delivered 8.78%.

The worst peak-to-trough decline HSBC Gilt Fund - Growth has experienced over the last 5-year window is 8.79% — its NAV fell from a high on 28 May 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 Gilt Fund - Growth averaged 6.05% (best 9.21%, worst 3.19%). 100% of rolling windows ended positive. The 5-year Sharpe ratio is 0.58 — reasonable risk-adjusted performance.

In calendar year 2014, HSBC Gilt Fund - Growth returned 14.88% — beating the Gilt category average of 5.14% by 9.74 pp. It ranked #13 of 43 in its category that year.

HSBC Gilt Fund - 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 - 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: 8.8%. 5-year CAGR: 8.78%.

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

HSBC Gilt Fund - Growth

Returns matrix

Calendar-year returns

Rolling returns

SIP returns — historical "what if"

Risk profile

Recent NAVs

Frequently asked questions

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