Which funds are similar to HSBC Ultra Short Duration Fund Direct-Growth?
Funds similar to HSBC Ultra Short Duration Fund Direct-Growth in the Debt: Ultra Short Duration category include Aditya Birla Sun Life Savings Direct-Growth, HDFC Ultra Short Term Fund Direct-Growth, and ICICI Prudential Ultra Short Term Fund Direct-Growth. These funds follow a comparable investment mandate and are benchmarked against similar indices. You can compare them in detail — across returns, risk metrics, expense ratio, and portfolio composition — using the fund comparison tool on sharpely.
What is the rank of HSBC Ultra Short Duration Fund Direct-Growth in its category?
On a 3-year return basis HSBC Ultra Short Duration Fund Direct-Growth is ranked 15 out of 24 funds in the Debt: Ultra Short Duration category as of 16 Jul 2026. On a 5-year return basis it ranks 15 out of 24. Consistently ranking in the top across multiple time periods is a stronger signal of fund quality than a single-period rank.
How does HSBC Ultra Short Duration Fund Direct-Growth's expense ratio compare to similar funds?
HSBC Ultra Short Duration Fund Direct-Growth has an expense ratio of 0.18%. The peers Aditya Birla Sun Life Savings Direct-Growth has an expense ratio of 0.30% and HDFC Ultra Short Term Fund Direct-Growth has 0.39%. Over the long term, a higher expense ratio can meaningfully drag on returns, so it is worth evaluating whether the fund's performance justifies the additional cost.
How does HSBC Ultra Short Duration Fund Direct-Growth's AUM compare to similar funds?
HSBC Ultra Short Duration Fund Direct-Growth has an AUM of ₹3,620.7 crore. The peers Aditya Birla Sun Life Savings Direct-Growth has an AUM of ₹17,816.3 crore and HDFC Ultra Short Term Fund Direct-Growth has ₹15,949.6 crore. A large AUM can sometimes limit a fund's ability to take meaningful positions in mid and small-cap stocks, as larger trades can move prices. This is particularly relevant for funds that invest outside large caps.
Which fund has the best 3-year returns in the Debt: Ultra Short Duration?
The top performing fund in the Debt: Ultra Short Duration category on a 3-year basis is Nippon India Ultra Short Duration Fund Direct-Growth with a CAGR of 7.57% as of 16 Jul 2026. HSBC Ultra Short Duration Fund Direct-Growth has delivered 7.20% CAGR over the same period, ranking 15 out of 24 funds. You can view and compare the full category ranking on sharpely.
How does HSBC Ultra Short Duration Fund Direct-Growth rank in risk-adjusted returns vs peers?
On a risk-adjusted basis, HSBC Ultra Short Duration Fund Direct-Growth has a Sharpe ratio of 2.85 compared to the Debt: Ultra Short Duration average of 2.91 as of 16 Jul 2026. It ranks 15 out of 24 funds in its category on Sharpe ratio.
