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

We don't give personal investment advice. HSBC Income Fund - Short Term - Inst. - Dividend 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 Income Fund - Short Term - Inst. - Dividend

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	+0.01%	-9.99%	+10.00	218 / 1129	Q1
1W	-0.45%	-13.04%	+12.59	487 / 1151	Q2
2W	-0.23%	-13.18%	+12.95	434 / 1149	Q2
1M	+0.25%	-13.26%	+13.51	273 / 1137	Q1
3M	-0.11%	-13.15%	+13.04	588 / 1116	Q3
6M	-0.53%	-15.45%	+14.92	566 / 906	Q3
YTD	-0.26%	-15.77%	+15.52	488 / 952	Q3
1Y	+0.75%	-13.09%	+13.84	401 / 820	Q2
2Y	+5.46%	-12.72%	+18.19	134 / 446	Q2
3Y	+4.24%	-11.01%	+15.25	125 / 385	Q2
4Y	+3.24%	-6.52%	+9.76	117 / 339	Q2
5Y	—	—	—	—	—
7Y	+2.51%	+2.53%	-0.02	105 / 234	Q2
10Y	—	—	—	—	—
Inception	+1.14%	-13.63%	+14.77	399 / 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
2015 YTD	-0.26%	+2.22%	-2.48	184 / 216
2014	+6.61%	+5.51%	+1.10	116 / 240
2013	+6.14%	-1.95%	+8.10	74 / 276
2012	+0.49%	+1.38%	-0.89	192 / 295
2011	+4.98%	-3.16%	+8.14	94 / 317
2010	-4.41%	-5.78%	+1.37	326 / 377
2009	+1.83%	-12.86%	+14.68	295 / 713
2008	—	—	—	—
2007	-100.00%	+4.84%	-104.84	140 / 142
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

+2.30%

83 windows

min -7.0% · max 10.2%

81% positive

3-Year rolling

+1.89%

64 windows

min -0.9% · max 4.5%

86% positive

5-Year rolling

+1.45%

43 windows

min -1.0% · max 2.6%

93% positive

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

7-Year rolling

+1.80%

22 windows

min -0.1% · max 2.6%

95% 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

2.28%

3-year · annualised

Sharpe ratio

-1.02

vs risk-free 6.5%

Sortino ratio

-2.16

Downside-only deviation

Max drawdown

-2.33%

Jun 2013 → Aug 2013

% positive months

66.7%

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
30 Jul 2015	₹11.9407
29 Jul 2015	₹11.9393
28 Jul 2015	₹11.9332
27 Jul 2015	₹12.0045
24 Jul 2015	₹11.9959
23 Jul 2015	₹11.9944
22 Jul 2015	₹11.9896
21 Jul 2015	₹11.9834
20 Jul 2015	₹11.9788
17 Jul 2015	₹11.9724

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 Income Fund - Short Term - Inst. - Dividend 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 Income Fund - Short Term - Inst. - Dividend 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 Income Fund - Short Term - Inst. - Dividend 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 Income Fund - Short Term - Inst. - Dividend has delivered a absolute return of 0.75% — +13.84 pp ahead of the Income category average of -13.09%. The fund ranks #401 of 820 in its category — the second (Q2) quartile.

Over the trailing 3-year window, HSBC Income Fund - Short Term - Inst. - Dividend has delivered a CAGR of 4.24% — +15.25 pp ahead of the Income category average of -11.01%. The fund ranks #125 of 385 in its category — the second (Q2) quartile.

HSBC Income Fund - Short Term - Inst. - Dividend 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 Income Fund - Short Term - Inst. - Dividend exactly 3 years ago would be worth approximately ₹113,261 today — a multiplier of 1.13×, based on the 3-year CAGR of 4.24%. The category average over the same window would have grown ₹1 lakh to ₹70,476.

A ₹10,000 monthly SIP in HSBC Income Fund - Short Term - Inst. - Dividend over the last 5 years — total invested ₹590,000 — would be worth ₹647,421 today. That's an XIRR (money-weighted annualised return) of 3.73%.

HSBC Income Fund - Short Term - Inst. - Dividend doesn't yet have 10 years of NAVs. Over the longest available window (7-year SIP), ₹10,000/month would have grown to ₹887,657 — XIRR 2.99%.

On a 3-year basis, HSBC Income Fund - Short Term - Inst. - Dividend ranks #125 out of 385 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 -11.01%; this fund delivered 4.24%.

The worst peak-to-trough decline HSBC Income Fund - Short Term - Inst. - Dividend has experienced over the last 3-year window is 2.33% — its NAV fell from a high on 18 Jun 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 Income Fund - Short Term - Inst. - Dividend averaged 1.45% (best 2.63%, worst -1.00%). 93% of rolling windows ended positive. The 3-year Sharpe ratio is -1.02 — negative risk-adjusted performance.

In calendar year 2014, HSBC Income Fund - Short Term - Inst. - Dividend returned 6.61% — beating the Income category average of 5.51% by 1.10 pp. It ranked #116 of 240 in its category that year.

HSBC Income Fund - Short Term - Inst. - Dividend 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 Income Fund - Short Term - Inst. - Dividend 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.