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

You can easily invest in HSBC Ultra Short Term 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 Term 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 Term Fund Direct Growth as SIP or lumpsum as per your investment objective and risk tolerance

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

The HSBC Ultra Short Term Fund Direct Growth has been there from 29 Jan 2020 and the average annual returns provided by this fund is 6.10% since its inception.

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

The term Expense Ratio used for HSBC Ultra Short Term 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 Term Fund Direct Growth is 0.18% as of 27 Aug 2026...

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

The AUM, short for Assets Under Management of HSBC Ultra Short Term Fund Direct Growth is ₹3,321.80Cr as of 27 Aug 2026.

How to Redeem HSBC Ultra Short Term Fund Direct Growth?

If you want to sell your HSBC Ultra Short Term 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 Term Fund Direct Growth?

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

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

The NAV of HSBC Ultra Short Term Fund Direct Growth is ₹1,476.86 as of 25 Aug 2026.

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

The PE ratio ratio of HSBC Ultra Short Term 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 Term Fund Direct Growth

Name: HSBC Ultra Short Term Fund Direct Growth
Brand: HSBC Mutual Fund

Debt

Ultra Short Duration

Low to Moderate Risk

+7.22%

3Y annualised

+0.04% 1D

All

NAV: 25 Aug '26

₹1,476.86

Min. for SIP

₹1,000

Fund size (AUM)

₹3,321.80 Cr

Expense ratio

0.18%

Rating

Return calculator

Monthly investment

₹5,000

Over the past	Total investment	Would've become	Returns
6 months	₹30,000	₹30,440	+1.47%
1 year	₹60,000	₹61,838	+3.06%
3 years	₹1,80,000	₹1,99,119	+10.62%
5 years	₹3,00,000	₹3,56,003	+18.67%

Holdings (56)

Name	Sector	Instruments	Assets
91 DAYS T-BILL - 24SEP2026	Financial	Treasury Bills	5.97%
EXPORT IMPORT BANK OF INDIA CD 11NOV26	Financial	Certificate of Deposit	3.69%
INDIAN BANK CD 15DEC26	Financial	Certificate of Deposit	3.67%
BHARTI TELECOM LIMITED SR XXV 7.35 NCD 15OT27 FVRS1LAC	Technology	Debenture	3.16%
GOVERNMENT OF INDIA 37115 182 DAYS TBILL 27AG26 FV RS 100	Financial	Treasury Bills	3.00%
HDFC BANK LIMITED CD 14DEC26	Financial	Certificate of Deposit	2.94%
PUNJAB NATIONAL BANK CD 15DEC26	Financial	Certificate of Deposit	2.94%
SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA CD 14JAN27	Financial	Certificate of Deposit	2.92%
L&T FINANCE LIMITED 240D CP 12FEB27	Financial	Commercial Paper	2.90%
AXIS BANK LIMITED CD 12FEB27	Financial	Certificate of Deposit	2.90%
KOTAK MAHINDRA BANK LIMITED CD 05MAR27	Financial	Certificate of Deposit	2.89%
HDFC BANK LIMITED CD 05MAR27	Financial	Certificate of Deposit	2.89%
PUNJAB NATIONAL BANK CD 12MAR27	Financial	Certificate of Deposit	2.89%
Repo	Unspecified	Repo	2.74%
NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT SR 25G 7.48 BD 15SP28 FVRS1LAC	Financial	Bonds	2.41%
SUNDARAM HOME FINANCE LIMITED SR 342 7.9123 NCD 27NV26 FVRS1LAC	Financial	Non Convertible Debenture	2.38%
MINDSPACE BUSINESS PARKS REIT SR NCD7 8.03 NCD 10DC26 FVRS1LAC	Real Estate	Debenture	2.28%
INDIAN BANK CD 06NOV26	Financial	Certificate of Deposit	2.22%
BANK OF BARODA CD 25NOV26	Financial	Certificate of Deposit	2.21%
BANK OF BARODA CD 12FEB27	Financial	Certificate of Deposit	2.18%
LIC HOUSING FINANCE LTD TR 449 7.69 NCD 11DC26 FVRS1LAC	Financial	Non Convertible Debenture	1.58%
LIC HOUSING FINANCE LIMITED TR 417 OPT I 6.40 LOA 30NV26 FVRS10LAC	Financial	Debenture	1.56%
BAJAJ HOUSING FINANCE LIMITED 7.14 NCD 26FB27 FVRS1LAC	Financial	Non Convertible Debenture	1.55%
7.90% LIC Housing Finance Ltd NCD 23-06-2027	Financial	Bonds	1.52%
MINDSPACE BUSINESS PARKS REIT SR NCD14 7 NCD 14SP27 FVRS1LAC	Real Estate	Debenture	1.51%
BHARTI TELECOM LIMITED 365D CP 18SEP26	Technology	Commercial Paper	1.49%
GOVERNMENT OF INDIA 36692 364 DAYS TBILL 06NV26 FV RS 100	Financial	Treasury Bills	1.48%
SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA CD 10NOV26	Financial	Certificate of Deposit	1.48%
BAJAJ FINANCE LIMITED 365D CP 04NOV26	Financial	Commercial Paper	1.48%
GOVERNMENT OF INDIA 37449 182 DAYS TBILL 19NV26 FV RS 100	Financial	Treasury Bills	1.48%
AXIS BANK LIMITED CD 27NOV26	Financial	Certificate of Deposit	1.47%
UNION BANK OF INDIA CD 10DEC26	Financial	Certificate of Deposit	1.47%
KOTAK MAHINDRA BANK LIMITED CD 08JAN27	Financial	Certificate of Deposit	1.46%
NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT CD 22JAN27	Financial	Certificate of Deposit	1.46%
BANK OF BARODA CD 25JAN27	Financial	Certificate of Deposit	1.46%
NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT CD 14JAN27	Financial	Certificate of Deposit	1.46%
AXIS BANK LIMITED CD 14JAN27	Financial	Certificate of Deposit	1.46%
PUNJAB NATIONAL BANK CD 05FEB27	Financial	Certificate of Deposit	1.45%
HDFC BANK LIMITED CD 05FEB27	Financial	Certificate of Deposit	1.45%
ICICI SECURITIES LIMITED 365D CP 16FEB27	Financial	Commercial Paper	1.45%
ICICI BANK LIMITED CD 12FEB27	Financial	Certificate of Deposit	1.45%
Axis Bank Limited (26/02/2027) **	Financial	Certificate of Deposit	1.45%
CANARA BANK CD 29JUN27	Financial	Certificate of Deposit	1.41%
NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT SR 25C 7.44 BD 24FB28 FVRS1LAC	Financial	Bonds	0.78%
NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT SR 25E 7.53 BD 24MR28 FVRS1LAC	Financial	Bonds	0.77%
EMBASSY OFFICE PARKS REIT SR V TR B 7.05 NCD 18OT26 FVRS10LAC	Real Estate	Non Convertible Debenture	0.76%
CANARA BANK CD 28JAN27	Financial	Certificate of Deposit	0.73%
CANARA BANK CD 08JAN27	Financial	Certificate of Deposit	0.73%
HDFC BANK LIMITED CD 09MAR27	Financial	Certificate of Deposit	0.72%
ICICI BANK LIMITED CD 08MAR27	Financial	Certificate of Deposit	0.72%
HDFC BANK LIMITED CD 12MAR27	Financial	Certificate of Deposit	0.72%
SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA CD 28JAN27	Financial	Certificate of Deposit	0.44%
Others Class A2 AIF	Unspecified	Alternative Investment Fund	0.31%
EMBASSY OFFICE PARKS REIT SR XIV 6.9650 NCD 19MR27 FVRS1LAC	Real Estate	Debenture	0.23%
INDIA UNIVERSAL TRUST AL2 SERIES A1 PTC 27NOV24	Unspecified	Securitised Debt	0.04%
Net Payables	Unspecified	Net Payables	-0.16%

See All

Minimum investments

Min. for 1st investment

₹5,000

Min. for 2nd investment

₹1,000

Min. for SIP

₹1,000

Returns and rankings

Annualised returns

Absolute returns

Name	1Y	3Y	5Y	All
Fund returns	+6.5%	+7.2%	+6.5%	+6.1%
Category average (Debt Ultra Short Duration)	+6.7%	+6.8%	+5.7%	--
Rank (Debt Ultra Short Duration)	19	13	15	--

Exit load, stamp duty and tax

Exit load

Nil

Stamp duty on investment: 0.005% (from July 1st, 2020)

from July 1st 2020

Tax implication

Returns are taxed as per your Income Tax slab.

Check past data

Compare similar funds

	Name	1Y	3Y	Fund Size(Cr)
	Tata Ultra Short Term Fund Direct Growth	+6.89%	+7.50%	6,377.77
	Axis Ultra Short Term Fund Direct Growth	+6.69%	+7.44%	5,907.80
	Invesco India Ultra Short Duration Fund Direct Growth	+6.68%	+7.34%	1,073.02
	Mahindra Manulife Ultra Short Term Fund Direct Growth	+6.58%	+7.30%	204.86
	LIC MF Ultra Short Term Fund Direct Growth	+6.65%	+7.21%	508.91
Compare

Fund management

AI
Abhishek Iyer
Apr 2025 - Present
View details

Education

Mr. Iyer is a B. Com, Master in Finance management, Master of Arts (MA) Economics

Experience

Prior to joining Mirae Asset Mutual Fund, he has worked with IDBI Mutual Fund, IIFL Mutual Fund, L&T Mutual Fund and Sahara Mutual Fund.

Also manages these schemes

HSBC Liquid Fund Direct Growth

HSBC Overnight Fund Direct Growth

HSBC Ultra Short Term Fund Direct Growth

HSBC Money Market Fund Direct Growth

RT
Rahul Totla
Jan 2026 - Present
View details

Education

Mr. Totla is an MBA (Finance)

Experience

Prior to joining Edelweiss AMC he has worked with Godfrey Philips India.

Also manages these schemes

HSBC Liquid Fund Direct Growth

HSBC Overnight Fund Direct Growth

HSBC Ultra Short Term Fund Direct Growth

About HSBC Ultra Short Term Fund Direct Growth

HSBC Ultra Short Term 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. Abhishek Iyer is the Current Fund Manager of HSBC Ultra Short Term Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹1,51,232 Cr and the Latest NAV as of 25 Aug 2026 is ₹1,476.86. The HSBC Ultra Short Term Fund Direct Growth is rated Low to Moderate risk. Minimum SIP Investment is set to ₹1,000. Minimum Lumpsum Investment is ₹5,000. ;

Investment Objective

The 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 A-I

Scheme Information Document(SID)