How to Invest in HSBC Ultra Short Duration Fund Direct Growth?

You can easily invest in HSBC Ultra Short Duration Fund Direct Growth in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps: Log on to your Groww account Search for HSBC Ultra Short Duration Fund Direct Growth from the search box In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete Once you are done with that, you can start investing in HSBC Ultra Short Duration Fund Direct Growth as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does HSBC Ultra Short Duration Fund Direct Growth provide?

The HSBC Ultra Short Duration Fund Direct Growth has been there from 30 Jan 2020 and the average annual returns provided by this fund is 7.27% since its inception.

How much expense ratio is charged by HSBC Ultra Short Duration Fund Direct Growth?

The term Expense Ratio used for HSBC Ultra Short Duration Fund Direct Growth or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund. The Expense Ratio of HSBC Ultra Short Duration Fund Direct Growth is 0.22% as of 10 Dec 2023...

What is the AUM of HSBC Ultra Short Duration Fund Direct Growth?

The AUM, short for Assets Under Management of HSBC Ultra Short Duration Fund Direct Growth is ₹2,242.99Cr as of 10 Dec 2023.

How to Redeem HSBC Ultra Short Duration Fund Direct Growth?

If you want to sell your HSBC Ultra Short Duration Fund Direct Growth holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.

Can I invest in SIP and Lump Sum of HSBC Ultra Short Duration Fund Direct Growth?

You can select either SIP or Lumpsum investment of HSBC Ultra Short Duration Fund Direct Growth based on your investment objective and risk tolerance.

What is the NAV of HSBC Ultra Short Duration Fund Direct Growth?

The NAV of HSBC Ultra Short Duration Fund Direct Growth is ₹1,221.32 as of 08 Dec 2023.

What is the PE and PB ratio of HSBC Ultra Short Duration Fund Direct Growth?

The PE ratio ratio of HSBC Ultra Short Duration Fund Direct Growth is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

HSBC Ultra Short Duration Fund Direct Growth - NAV, Mutual Fund Performance & Portfolio

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HSBC Ultra Short Duration Fund Direct Growth
Debt
Ultra Short Duration
Low to Moderate Risk
5.11%
3Y annualised
+0.02% 1D
1M
6M
1Y
3Y
All
 NAV: 08 Dec 2023₹1,221.32
Min. SIP amount₹1,000
Rating3
Fund size₹2,242.99Cr
Return calculator
Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of ₹0
Would have become ₹ (%)
Understand termsAnnualised returnsAverage of the yearly returns of a mutual fund over a given period.
Absolute returnsThe total return of a mutual fund over a given period.
Returns and rankingsCategory: Debt Ultra Short Duration
Annualised returns
Absolute returns
6M1Y3YAll
Fund returnsNA7.3%5.1%5.3%
Category averageNA6.7%4.8%NA
Rank with in categoryNA1517NA
Understand terms
Holdings (38)NameSectorInstrumentAssets
LIC Housing Finance Ltd.
FinancialCP4.4%
HDFC Bank Ltd.
FinancialCD4.4%
Kotak Mahindra Prime Ltd.
FinancialCP4.3%
Bajaj Finance Ltd.
FinancialDebenture3.5%
Axis Bank Ltd.
FinancialCD3.2%
Power Finance Corporation Ltd.
FinancialNCD2.3%
LIC Housing Finance Ltd.
FinancialDebenture2.3%
National Bank For Agriculture & Rural Development
FinancialNCD2.3%
Gujarat State
OthersSDL2.3%
National Bank For Agriculture & Rural Development
FinancialNCD2.3%
See All
Understand termsExpense ratioA fee payable to a mutual fund house for managing your mutual fund investments. It is the total percentage of a company’s fund assets used for administrative, management, advertising, and other expenses.
TaxA percentage of your capital gains payable to the government upon exiting your mutual fund investments. Taxation is categorized as long-term capital gains (LTCG) and short-term capital gains (STCG) depending on your holding period and the type of fund.
Exit loadA fee payable to a mutual fund house for exiting a fund (fully or partially) before the completion of a specified period from the date of investment.
Stamp dutyA form of tax payable for the purchase or sale of an asset or security. 
Past expense ratio & exit load
Expense ratio
Exit load
01 Dec 2023 - Present
0.22%
30 Nov 2023 - 01 Dec 2023
0.22%
29 Nov 2023 - 30 Nov 2023
0.22%
28 Nov 2023 - 29 Nov 2023
0.22%
24 Nov 2023 - 28 Nov 2023
0.22%
23 Nov 2023 - 24 Nov 2023
0.22%
22 Nov 2023 - 23 Nov 2023
0.22%
21 Nov 2023 - 22 Nov 2023
0.22%
20 Nov 2023 - 21 Nov 2023
0.22%
17 Nov 2023 - 20 Nov 2023
0.22%
16 Nov 2023 - 17 Nov 2023
0.22%
15 Nov 2023 - 16 Nov 2023
0.22%
13 Nov 2023 - 15 Nov 2023
0.22%
10 Nov 2023 - 13 Nov 2023
0.22%
09 Nov 2023 - 10 Nov 2023
0.22%
08 Nov 2023 - 09 Nov 2023
0.22%
07 Nov 2023 - 08 Nov 2023
0.22%
06 Nov 2023 - 07 Nov 2023
0.22%
03 Nov 2023 - 06 Nov 2023
0.22%
02 Nov 2023 - 03 Nov 2023
0.22%
01 Nov 2023 - 02 Nov 2023
0.22%
31 Oct 2023 - 01 Nov 2023
0.22%
30 Oct 2023 - 31 Oct 2023
0.22%
27 Oct 2023 - 30 Oct 2023
0.22%
26 Oct 2023 - 27 Oct 2023
0.22%
25 Oct 2023 - 26 Oct 2023
0.22%
23 Oct 2023 - 25 Oct 2023
0.22%
20 Oct 2023 - 23 Oct 2023
0.22%
19 Oct 2023 - 20 Oct 2023
0.22%
18 Oct 2023 - 19 Oct 2023
0.22%
17 Oct 2023 - 18 Oct 2023
0.22%
16 Oct 2023 - 17 Oct 2023
0.22%
13 Oct 2023 - 16 Oct 2023
0.22%
12 Oct 2023 - 13 Oct 2023
0.22%
11 Oct 2023 - 12 Oct 2023
0.22%
10 Oct 2023 - 11 Oct 2023
0.22%
09 Oct 2023 - 10 Oct 2023
0.22%
06 Oct 2023 - 09 Oct 2023
0.22%
05 Oct 2023 - 06 Oct 2023
0.22%
04 Oct 2023 - 05 Oct 2023
0.22%
03 Oct 2023 - 04 Oct 2023
0.22%
30 Sep 2023 - 03 Oct 2023
0.22%
29 Sep 2023 - 30 Sep 2023
0.22%
27 Sep 2023 - 29 Sep 2023
0.22%
26 Sep 2023 - 27 Sep 2023
0.22%
25 Sep 2023 - 26 Sep 2023
0.22%
22 Sep 2023 - 25 Sep 2023
0.22%
21 Sep 2023 - 22 Sep 2023
0.22%
20 Sep 2023 - 21 Sep 2023
0.22%
18 Sep 2023 - 20 Sep 2023
0.22%
15 Sep 2023 - 18 Sep 2023
0.22%
14 Sep 2023 - 15 Sep 2023
0.22%
13 Sep 2023 - 14 Sep 2023
0.22%
12 Sep 2023 - 13 Sep 2023
0.22%
11 Sep 2023 - 12 Sep 2023
0.22%
08 Sep 2023 - 11 Sep 2023
0.22%
07 Sep 2023 - 08 Sep 2023
0.22%
06 Sep 2023 - 07 Sep 2023
0.22%
05 Sep 2023 - 06 Sep 2023
0.22%
04 Sep 2023 - 05 Sep 2023
0.22%
01 Sep 2023 - 04 Sep 2023
0.22%
31 Aug 2023 - 01 Sep 2023
0.22%
31 Jul 2023 - 31 Aug 2023
0.22%
30 Jun 2023 - 31 Jul 2023
0.22%
31 May 2023 - 30 Jun 2023
0.22%
30 Apr 2023 - 31 May 2023
0.22%
31 Mar 2023 - 30 Apr 2023
0.22%
28 Feb 2023 - 31 Mar 2023
0.22%
31 Jan 2023 - 28 Feb 2023
0.22%
31 Dec 2022 - 31 Jan 2023
0.22%
31 Dec 2022 - 31 Dec 2022
0.22%
30 Nov 2022 - 31 Dec 2022
0.22%
30 Nov 2022 - 30 Nov 2022
0.22%
31 Oct 2022 - 30 Nov 2022
0.22%
31 Oct 2022 - 31 Oct 2022
0.22%
31 Oct 2022 - 31 Oct 2022
0.22%
30 Sep 2022 - 31 Oct 2022
0.22%
30 Sep 2022 - 30 Sep 2022
0.22%
30 Sep 2022 - 30 Sep 2022
0.22%
31 Aug 2022 - 30 Sep 2022
0.22%
31 Aug 2022 - 31 Aug 2022
0.22%
31 Jul 2022 - 31 Aug 2022
0.22%
31 Jul 2022 - 31 Jul 2022
0.22%
30 Jun 2022 - 31 Jul 2022
0.22%
30 Jun 2022 - 30 Jun 2022
0.22%
31 May 2022 - 30 Jun 2022
0.22%
31 May 2022 - 31 May 2022
0.22%
30 Apr 2022 - 31 May 2022
0.22%
30 Apr 2022 - 30 Apr 2022
0.22%
31 Mar 2022 - 30 Apr 2022
0.23%
31 Mar 2022 - 31 Mar 2022
0.23%
28 Feb 2022 - 31 Mar 2022
0.23%
28 Feb 2022 - 28 Feb 2022
0.23%
31 Jan 2022 - 28 Feb 2022
0.23%
31 Dec 2021 - 31 Jan 2022
0.23%
30 Nov 2021 - 31 Dec 2021
0.22%
31 Oct 2021 - 30 Nov 2021
0.22%
30 Sep 2021 - 31 Oct 2021
0.22%
31 Aug 2021 - 30 Sep 2021
0.22%
31 Jul 2021 - 31 Aug 2021
0.22%
30 Jun 2021 - 31 Jul 2021
0.22%
31 May 2021 - 30 Jun 2021
0.22%
30 Apr 2021 - 31 May 2021
0.22%
31 Mar 2021 - 30 Apr 2021
0.23%
28 Feb 2021 - 31 Mar 2021
0.23%
31 Jan 2021 - 28 Feb 2021
0.22%
31 Dec 2020 - 31 Jan 2021
0.22%
30 Nov 2020 - 31 Dec 2020
0.22%
31 Oct 2020 - 30 Nov 2020
0.22%
30 Sep 2020 - 31 Oct 2020
0.22%
31 Aug 2020 - 30 Sep 2020
0.22%
31 Jul 2020 - 31 Aug 2020
0.22%
30 Jun 2020 - 31 Jul 2020
0.22%
31 May 2020 - 30 Jun 2020
0.22%
30 Apr 2020 - 31 May 2020
0.22%
31 Mar 2020 - 30 Apr 2020
0.22%
29 Feb 2020 - 31 Mar 2020
0.22%
31 Jan 2020 - 29 Feb 2020
0.22%
Expense ratio, exit load and taxExpense ratio: 0.22%Inclusive of GST
Exit loadNil
Stamp duty0.005% (from July 1st, 2020)
Tax implicationReturns are taxed as per your Income Tax slab.
Understand terms
Check past data
Minimum investment amountsMin. for 1st investment₹5,000
Min. for 2nd investment onwards₹1,000
Min. for SIP₹1,000
Fund managementMahesh A Chhabria
Nov 2022 - Present
View details
Education
Mr. Chhabria is a Commerce Graduate and has also pursued FCA and CFA.
Experience
Prior to joining HSBC MF, he has worked with L&T AMC, Edelweiss Securities Ltd, Darivium Traditions Pvt. Ltd. and FIL Fund Management Pvt. Ltd.
Also manages these schemes
L&T Overnight Fund Direct Growth
L&T Liquid Plan Direct Growth
L&T Ultra Short Term Fund Direct Growth
HSBC Conservative Hybrid Fund Direct Growth
HSBC Overnight Fund Direct Growth
HSBC Ultra Short Duration Fund Direct Growth
HSBC CRISIL IBX 50:50 Gilt Plus SDL Apr 2028 Index Fund Direct Growth
HSBC Equity Savings Fund Direct Growth
HSBC Banking and PSU Debt Fund Direct Growth
HSBC Low Duration Fund Direct Growth
HSBC Balanced Advantage Fund Direct Growth
HSBC Arbitrage Fund Direct Growth
HSBC CRISIL IBX Gilt June 2027 Index Fund Direct Growth
Jalpan Shah
Nov 2022 - Present
View details
Education
Mr. Shah is a B.E. (Mechanical) and holds a PGDM.
Experience
Prior to joining HSBC Mutual Fund, he was associated with L&T Mutual Fund, FIL Fund Management Private Limited (Dec 2007-Nov 2012), Lotus India Asset Management Company Private Limited (Sep 2007-Nov 2007) as a Research Analyst, UTI Asset Management Company Private Limited (July 2006-Aug 2007) as a Research Analyst and UTI Asset Management Company Private Limited(May 2004-June 2006) as a Sales & Marketing Manager.
Also manages these schemes
L&T Overnight Fund Direct Growth
L&T Liquid Plan Direct Growth
L&T Ultra Short Term Fund Direct Growth
L&T Conservative Hybrid Fund Direct Growth
HSBC Medium to Long Duration Fund Direct Growth
L&T FMP Series XVI Plan A (1223 Days) Direct Growth
L&T FMP Series XVIII Plan C (1178 Days) Direct Growth
HSBC Ultra Short Duration Fund Direct Growth
Fund house & investment objective
HSBC Mutual Fund
Rank (total assets)#21 in India
Total AUM₹98,466.32Cr
Date of Incorporation27 May 2002
 HSBC Ultra Short Duration Fund Direct Growth is a Debt Mutual Fund Scheme launched by HSBC Mutual Fund. This scheme was made available to investors on 27 May 2002. Kapil Punjabi is the Current Fund Manager of HSBC Ultra Short Duration Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹98,466 Cr and the Latest NAV as of 08 Dec 2023 is ₹1,221.32.
The HSBC Ultra Short Duration Fund Direct Growth is rated Low to Moderate risk. Minimum SIP Investment is set to ₹1,000. Minimum Lumpsum Investment is ₹5,000.
;
Investment ObjectiveThe scheme seeks to provide liquidity and generate reasonable returns with low volatility through investment in a portfolio comprising of debt & money market instruments.
;
Fund benchmarkNIFTY Ultra Short Duration Debt Index B-I
Scheme Information Document(SID)
Fund house contact details
Address
9-11th Floor,NESCO - IT Park Bldg. 3,Western Express Highway, Goregaon East, Mumbai 400063
Phone
NA
Launch Date
27 May 2002
E-mail
NA
Website
www.assetmanagement.hsbc.co.in
HSBC Mutual Fund
Asset Management Company
Custodian
Standard Chartered Bank
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,
Email
[email protected]
Website
www.camsonline.com
Compare funds
HSBC Ultra Short Duration Fund Direct Growth
VS
Add mutual fund to compare

	6M	1Y	3Y	All
Fund returns	NA	7.3%	5.1%	5.3%
Category average	NA	6.7%	4.8%	NA
Rank with in category	NA	15	17	NA

Name	Sector	Instrument	Assets
LIC Housing Finance Ltd.	Financial	CP	4.4%
HDFC Bank Ltd.	Financial	CD	4.4%
Kotak Mahindra Prime Ltd.	Financial	CP	4.3%
Bajaj Finance Ltd.	Financial	Debenture	3.5%
Axis Bank Ltd.	Financial	CD	3.2%
Power Finance Corporation Ltd.	Financial	NCD	2.3%
LIC Housing Finance Ltd.	Financial	Debenture	2.3%
National Bank For Agriculture & Rural Development	Financial	NCD	2.3%
Gujarat State	Others	SDL	2.3%
National Bank For Agriculture & Rural Development	Financial	NCD	2.3%

Rank (total assets)	#21 in India
Total AUM	₹98,466.32Cr

Date of Incorporation	27 May 2002

Fund benchmark	NIFTY Ultra Short Duration Debt Index B-I

Vaishnavi Tech Park, 3rd & 4th Floor
Sarjapur Main Road, Bellandur
Bengaluru – 560103
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Min. for 1st investment	₹5,000
Min. for 2nd investment onwards	₹1,000

Rating	3
Fund size	₹2,242.99Cr

HSBC Ultra Short Duration Fund Direct Growth

Return calculator

Understand terms

Annualised returns

Absolute returns

Returns and rankings

Holdings (38)

Understand terms

Expense ratio

Tax

Exit load

Stamp duty

Past expense ratio & exit load

Expense ratio, exit load and tax

Expense ratio: 0.22%

Exit load

Stamp duty

Tax implication

Minimum investment amounts

Fund management

Mahesh A ChhabriaNov 2022 - PresentView details

Jalpan ShahNov 2022 - PresentView details

Fund house & investment objective

Fund house contact details

Compare funds

Mahesh A Chhabria
Nov 2022 - Present
View details

Jalpan Shah
Nov 2022 - Present
View details