Should I invest in HSBC Liquid Fund?

We don't give personal investment advice. HSBC Liquid Fund - Growth Direct 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: 0.0%. 5-year CAGR: 6.16%.

HSBC

HSBC Liquid Fund - Growth Direct

Latest NAV

₹2,778.0655

As of

3 Jun 2026

3,948 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	+0.01%	+0.01%	+0.00	13 / 49	Q2
1W	+0.13%	+0.12%	+0.01	27 / 49	Q3
2W	+0.24%	+0.21%	+0.03	24 / 49	Q2
1M	+0.48%	+0.42%	+0.06	24 / 49	Q2
3M	+1.66%	+1.44%	+0.21	27 / 49	Q3
6M	+3.16%	+2.76%	+0.40	30 / 49	Q3
YTD	+2.66%	+2.27%	+0.39	28 / 49	Q3
1Y	+6.21%	+5.37%	+0.83	23 / 46	Q2
2Y	+6.77%	+5.81%	+0.96	18 / 43	Q2
3Y	+6.97%	+6.00%	+0.97	17 / 43	Q2
4Y	+6.82%	+5.89%	+0.93	14 / 42	Q2
5Y	+6.16%	+5.47%	+0.69	13 / 40	Q2
7Y	+5.68%	+5.64%	+0.05	17 / 33	Q3
10Y	+6.14%	+6.10%	+0.03	13 / 28	Q2
Inception	+6.82%	+5.60%	+1.22	14 / 49	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
2026 YTD	+2.66%	+2.52%	+0.14	28 / 44
2025	+6.58%	+6.04%	+0.53	19 / 40
2024	+7.42%	+6.80%	+0.62	17 / 39
2023	+7.11%	+6.47%	+0.63	7 / 38
2022	+4.92%	+4.08%	+0.85	13 / 42
2021	+3.34%	+2.92%	+0.41	22 / 40
2020	+4.10%	+3.90%	+0.19	22 / 37
2019	+6.72%	+6.20%	+0.53	8 / 35
2018	+7.48%	+6.88%	+0.61	11 / 33
2017	+6.71%	+6.29%	+0.42	18 / 33
2016	+7.60%	+7.68%	-0.08	21 / 25

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

+6.77%

152 windows

min 3.2% · max 9.8%

100% positive

3-Year rolling

+6.52%

128 windows

min 4.0% · max 8.9%

100% positive

5-Year rolling

+6.28%

103 windows

min 5.2% · max 8.2%

100% positive

7-Year rolling

+6.27%

79 windows

min 5.7% · max 7.9%

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

0.22%

3-year · annualised

Sharpe ratio

—

vs risk-free 6.5%

Sortino ratio

—

Downside-only deviation

Max drawdown

-0.01%

Mar 2026 → Mar 2026

% positive months

100.0%

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 Liquid Fund

Scheme	Fund house	NAV	As of
HDFC Liquid Fund - Growth Option - Direct Plan	HDFC	₹5,475.7034	3 Jun 2026
Nippon India Liquid Fund - Direct Plan Growth Plan - Growth Option	Nippon India	₹6,826.8562	3 Jun 2026
SBI Liquid Fund - DIRECT PLAN -Growth	SBI	₹4,358.9364	3 Jun 2026
ICICI Prudential Liquid Fund - Direct Plan - Growth	ICICI Prudential	₹412.5956	3 Jun 2026
Invesco India Liquid Fund - Direct Plan - Growth	Invesco	₹3,826.8123	3 Jun 2026
BANDHAN LIQUID Fund -Direct Plan-Growth	Bandhan	₹3,367.4474	3 Jun 2026
quant Liquid Fund - Growth Option - Direct Plan	Quant	₹44.7002	3 Jun 2026
Aditya Birla Sun Life Liquid Fund - Growth - Direct Plan	Aditya Birla Sun Life	₹450.5148	3 Jun 2026
Motilal Oswal Liquid Fund - Direct Growth	Motilal Oswal	₹14.6931	3 Jun 2026
Franklin India Liquid Fund - Super Institutional - Direct - Growth	Franklin India	₹4,191.3513	3 Jun 2026

Recent NAVs

Date	NAV
3 Jun 2026	₹2,778.0655
2 Jun 2026	₹2,777.6379
1 Jun 2026	₹2,777.2399
31 May 2026	₹2,776.7040
29 May 2026	₹2,775.7369
28 May 2026	₹2,774.9479
26 May 2026	₹2,773.9433
25 May 2026	₹2,773.5816
24 May 2026	₹2,773.1842
23 May 2026	₹2,772.7123

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 Liquid Fund - Growth Direct is ₹2,778.0655. It's a Liquid Fund from HSBC, run as a Direct plan Growth option. NAVs update once per business day from the AMFI feed.

HSBC Liquid Fund - Growth Direct has NAV history starting from 01 Jan 2013, a track record of about 13 years 5 months. That's enough history to evaluate the fund across one or two market cycles. Look at rolling returns rather than point-to-point to judge consistency.

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

Over the trailing 1-year window, HSBC Liquid Fund - Growth Direct has delivered a absolute return of 6.21% — +0.83 pp ahead of the Liquid Fund category average of 5.37%. The fund ranks #23 of 46 in its category — the second (Q2) quartile.

Over the trailing 3-year window, HSBC Liquid Fund - Growth Direct has delivered a CAGR of 6.97% — +0.97 pp ahead of the Liquid Fund category average of 6.00%. The fund ranks #17 of 43 in its category — the second (Q2) quartile.

Over the trailing 5-year window, HSBC Liquid Fund - Growth Direct has delivered a CAGR of 6.16% — +0.69 pp ahead of the Liquid Fund category average of 5.47%. The fund ranks #13 of 40 in its category — the second (Q2) quartile.

₹1 lakh invested in HSBC Liquid Fund - Growth Direct exactly 10 years ago would be worth approximately ₹181,380 today — a multiplier of 1.81×, based on the 10-year CAGR of 6.14%. The category average over the same window would have grown ₹1 lakh to ₹180,858.

A ₹10,000 monthly SIP in HSBC Liquid Fund - Growth Direct over the last 5 years — total invested ₹600,000 — would be worth ₹710,372 today. That's an XIRR (money-weighted annualised return) of 6.68%.

A ₹10,000 monthly SIP for 10 years in HSBC Liquid Fund - Growth Direct = ₹1,200,000 invested. It would currently be worth ₹1,639,278 (multiplier 1.37×). XIRR: 6.07%. Long-horizon SIP results matter more than point-to-point returns because they smooth out entry timing.

On a 5-year basis, HSBC Liquid Fund - Growth Direct ranks #13 out of 40 funds in the Liquid Fund category — that places it in the second quartile (Q2) — above the median. The category average return over the same window is 5.47%; this fund delivered 6.16%.

The worst peak-to-trough decline HSBC Liquid Fund - Growth Direct has experienced over the last 5-year window is 0.02% — its NAV fell from a high on 03 May 2022 to a low on 05 May 2022. 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 Liquid Fund - Growth Direct averaged 6.28% (best 8.21%, worst 5.24%). 100% of rolling windows ended positive.

In calendar year 2025, HSBC Liquid Fund - Growth Direct returned 6.58% — beating the Liquid Fund category average of 6.04% by 0.53 pp. It ranked #19 of 40 in its category that year.

HSBC Liquid Fund - Growth Direct 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 Liquid Fund - Growth Direct 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: 0.0%. 5-year CAGR: 6.16%.

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

HSBC Liquid Fund - Growth Direct

NAV history & peer comparison

Returns matrix

Calendar-year returns

Rolling returns

SIP returns — historical "what if"

Risk profile

Peers in Liquid Fund

Recent NAVs

Frequently asked questions

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