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

We don't give personal investment advice. HSBC Ultra Short Term Bond Fund - Inst. - Dividend - Monthly 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: 14.0%. 5-year CAGR: 0.37%.

HSBC

HSBC Ultra Short Term Bond Fund - Inst. - Dividend - Monthly

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	+0.02%	-9.99%	+10.01	134 / 1129	Q1
1W	-0.39%	-13.04%	+12.64	478 / 1151	Q2
2W	-0.27%	-13.18%	+12.91	444 / 1149	Q2
1M	-0.31%	-13.26%	+12.95	472 / 1137	Q2
3M	+0.04%	-13.15%	+13.19	400 / 1116	Q2
6M	+0.85%	-15.45%	+16.30	404 / 906	Q2
YTD	+1.61%	-15.77%	+17.39	287 / 952	Q2
1Y	+1.95%	-13.09%	+15.04	374 / 820	Q2
2Y	+2.53%	-12.72%	+15.25	180 / 446	Q2
3Y	+2.81%	-11.01%	+13.82	143 / 385	Q2
4Y	+0.38%	-6.52%	+6.90	205 / 339	Q3
5Y	+0.37%	-7.36%	+7.73	183 / 314	Q3
7Y	+0.32%	+2.53%	-2.21	163 / 234	Q3
10Y	+0.15%	+3.14%	-3.00	83 / 101	Q4
Inception	—	—	—	—	—

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
2022 YTD	+1.61%	-0.28%	+1.89	2 / 14
2021	+3.18%	+5.14%	-1.96	25 / 42
2020	+3.31%	+5.20%	-1.89	32 / 45
2019	-5.76%	-4.85%	-0.91	35 / 56
2018	0.00%	+1.30%	-1.30	68 / 90
2017	-0.05%	+1.63%	-1.68	104 / 137
2016	-0.05%	+3.02%	-3.07	149 / 181
2015	-0.08%	+2.22%	-2.30	175 / 216
2014	+0.01%	+5.51%	-5.50	181 / 240
2013	-0.16%	-1.95%	+1.80	200 / 276
2012	+0.04%	+1.38%	-1.34	201 / 295

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

+0.18%

184 windows

min -13.6% · max 12.9%

60% positive

3-Year rolling

-0.14%

159 windows

min -4.7% · max 3.7%

45% positive

5-Year rolling

-0.17%

135 windows

min -2.9% · max 0.5%

45% positive

7-Year rolling

-0.15%

111 windows

min -2.1% · max 0.4%

45% 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

7.09%

3-year · annualised

Sharpe ratio

-0.49

vs risk-free 6.5%

Sortino ratio

-0.69

Downside-only deviation

Max drawdown

-9.75%

May 2020 → May 2020

% positive months

86.1%

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.

Recent NAVs

Date	NAV
25 Nov 2022	₹10.3577
24 Nov 2022	₹10.3553
23 Nov 2022	₹10.3543
22 Nov 2022	₹10.3528
21 Nov 2022	₹10.4039
18 Nov 2022	₹10.3987
17 Nov 2022	₹10.3973
16 Nov 2022	₹10.3951
15 Nov 2022	₹10.3925
14 Nov 2022	₹10.3903

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 Ultra Short Term Bond Fund - Inst. - Dividend - Monthly 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 Ultra Short Term Bond Fund - Inst. - Dividend - Monthly has NAV history starting from 18 Oct 2006, a track record of about 19 years 7 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 Ultra Short Term Bond Fund - Inst. - Dividend - Monthly 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 Ultra Short Term Bond Fund - Inst. - Dividend - Monthly has delivered a absolute return of 1.95% — +15.04 pp ahead of the Income category average of -13.09%. The fund ranks #374 of 820 in its category — the second (Q2) quartile.

Over the trailing 3-year window, HSBC Ultra Short Term Bond Fund - Inst. - Dividend - Monthly has delivered a CAGR of 2.81% — +13.82 pp ahead of the Income category average of -11.01%. The fund ranks #143 of 385 in its category — the second (Q2) quartile.

Over the trailing 5-year window, HSBC Ultra Short Term Bond Fund - Inst. - Dividend - Monthly has delivered a CAGR of 0.37% — +7.73 pp ahead of the Income category average of -7.36%. The fund ranks #183 of 314 in its category — the third (Q3) quartile.

₹1 lakh invested in HSBC Ultra Short Term Bond Fund - Inst. - Dividend - Monthly exactly 10 years ago would be worth approximately ₹101,468 today — a multiplier of 1.01×, based on the 10-year CAGR of 0.15%. The category average over the same window would have grown ₹1 lakh to ₹136,244.

A ₹10,000 monthly SIP in HSBC Ultra Short Term Bond Fund - Inst. - Dividend - Monthly over the last 5 years — total invested ₹600,000 — would be worth ₹624,545 today. That's an XIRR (money-weighted annualised return) of 1.58%.

A ₹10,000 monthly SIP for 10 years in HSBC Ultra Short Term Bond Fund - Inst. - Dividend - Monthly = ₹1,200,000 invested. It would currently be worth ₹1,234,341 (multiplier 1.03×). XIRR: 0.56%. Long-horizon SIP results matter more than point-to-point returns because they smooth out entry timing.

On a 5-year basis, HSBC Ultra Short Term Bond Fund - Inst. - Dividend - Monthly ranks #183 out of 314 funds in the Income category — that places it in the third quartile (Q3) — below the median. The category average return over the same window is -7.36%; this fund delivered 0.37%.

The worst peak-to-trough decline HSBC Ultra Short Term Bond Fund - Inst. - Dividend - Monthly has experienced over the last 5-year window is 14.00% — its NAV fell from a high on 25 Oct 2018 to a low on 11 May 2020. 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 Ultra Short Term Bond Fund - Inst. - Dividend - Monthly averaged -0.17% (best 0.51%, worst -2.86%). 45% of rolling windows ended positive. The 5-year Sharpe ratio is -0.84 — negative risk-adjusted performance.

In calendar year 2021, HSBC Ultra Short Term Bond Fund - Inst. - Dividend - Monthly returned 3.18% — lagging the Income category average of 5.14% by 1.96 pp. It ranked #25 of 42 in its category that year.

HSBC Ultra Short Term Bond Fund - Inst. - Dividend - Monthly 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 Ultra Short Term Bond Fund - Inst. - Dividend - Monthly 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: 14.0%. 5-year CAGR: 0.37%.

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

HSBC Ultra Short Term Bond Fund - Inst. - Dividend - Monthly

NAV history & peer comparison

Returns matrix

Calendar-year returns

Rolling returns

SIP returns — historical "what if"

Risk profile

Recent NAVs

Frequently asked questions

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