HSBC Ultra Short Term Fund Direct-Growth
Debt: Ultra Short Term - Growth (Open ended) Factsheet
SEBI Riskometer: Low to ModerateCategory: Debt: Ultra Short TermBenchmark: NIFTY Ultra Short Duration Debt Index A-ICheck Portfolio Overlap →
NAV: ₹1,482.4+0.06%
07 Sept 2026
Holdings Analysis
Equity, debt and cash allocation snapshot with market cap distribution for HSBC Ultra Short Term Fund Direct-Growth.
Historical Asset Allocation
| Asset | 31 Aug 2026 | 31 Jul 2026 | 30 Jun 2026 | 31 May 2026 | 30 Apr 2026 | 31 Mar 2026 |
|---|---|---|---|---|---|---|
| Equity | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Debt | 97.24% | 97.42% | 99.51% | 98.76% | 99.49% | 111.48% |
| Others (incl. cash) | 2.76% | 2.58% | 0.49% | 1.24% | 0.51% | -11.48% |
| Commodities | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Real Estate | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Portfolio Snapshot
No. of Securities
54
Top Holding %
5.50%
Top 5 Holdings %
17.39%
Top 10 Holdings %
30.94%
Modified Duration
0.47 yrs
Avg. Maturity
0.50 yrs
Yield to Maturity
6.81%
AUM
₹3,628 Cr
Expense Ratio
0.18%
Since Inception
6.12%
Max Drawdown
-0.01%
Sharpe Ratio
3.00
Top Portfolio Holdings by Weight
Latest portfolio holdings sorted by allocation weight. Includes instrument name, sector, number of shares, market value (₹ Cr) and percentage of net assets. Switch dates or categories using the controls below.
| Instrument | Sector | No. of Shares | Value (Rs. Cr) | Weight | Change |
|---|---|---|---|---|---|
| Reserve Bank of India | Financial | 2,00,00,000 | 199.37 | 5.50% | -0.47%↓ |
| Indian Bank | Financial | 1,25,00,000 | 122.82 | 3.38% | - |
| Bharti Telecom Ltd. | Communication | 1,00,00,000 | 105.6 | 2.91% | -0.25%↓ |
| Bajaj Finance Ltd. | Financial | 1,00,00,000 | 102.89 | 2.84% | - |
| Reserve Bank of India | Financial | 1,00,00,000 | 98.77 | 2.72% | - |
| HDFC Bank Ltd. | Financial | 1,00,00,000 | 98.18 | 2.71% | -0.23%↓ |
| Punjab National Bank | Financial | 1,00,00,000 | 98.16 | 2.71% | -0.23%↓ |
| Union Bank of India | Financial | 1,00,00,000 | 98.25 | 2.71% | 1.24%↑ |
| Small Industries Devp. Bank of India Ltd. | Financial | 1,00,00,000 | 98.1 | 2.70% | - |
| Punjab National Bank | Financial | 1,00,00,000 | 97.18 | 2.68% | 1.23%↑ |
| Bank Of Baroda | Financial | 1,00,00,000 | 97.19 | 2.68% | - |
| Kotak Mahindra Bank Ltd. | Financial | 1,00,00,000 | 96.72 | 2.67% | -0.22%↓ |
| Axis Bank Ltd. | Financial | 1,00,00,000 | 97.05 | 2.67% | -0.23%↓ |
| L&T Finance Ltd. | Financial | 1,00,00,000 | 96.83 | 2.67% | -0.23%↓ |
| ICICI Securities Ltd. | Financial | 1,00,00,000 | 96.69 | 2.66% | - |
| Mahindra & Mahindra Financial Services Ltd. | Financial | 1,00,00,000 | 96.59 | 2.66% | - |
| HDFC Bank Ltd. | Financial | 1,00,00,000 | 96.67 | 2.66% | -0.23%↓ |
| Punjab National Bank | Financial | 1,00,00,000 | 96.57 | 2.66% | -0.23%↓ |
| Small Industries Devp. Bank of India Ltd. | Financial | 1,00,00,000 | 94.65 | 2.61% | - |
| Mindspace Business Parks REIT | Construction | 75,00,000 | 76.25 | 2.10% | -0.18%↓ |
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Debt Holdings — Credit Quality Profile
Allocation of debt instruments by credit rating (AAA, AA, A, and below investment grade) as a percentage of net assets, compared against the category average. Higher AAA allocation indicates lower credit risk.
| Rating | Fund | Category |
|---|---|---|
| A1+ | 64.24% | 43.99% |
| AAA | 21.76% | 13.14% |
| SOV | 10.94% | 11.04% |
| Cash & Call Money | 2.76% | 14.15% |
| Others | 0.29% | 1.03% |
| A | - | 0.01% |
| A+ | - | 0.01% |
| AA | - | 2.77% |
| AA+ | - | 4.35% |
| AA- | - | 0.59% |
| BBB | - | 1.64% |
| Cash | - | -0.09% |
| D | - | 1.10% |
| Term Deposits | - | 0.01% |
Debt Insights
A detailed look at the debt holdings of this scheme — Is the scheme yielding enough? Includes credit quality, instrument breakdown and SEBI risk classification.
SEBI PRC matrix
Credit risk
| Interest risk | |||
|---|---|---|---|
| Low | Moderate | High | |
| Low | |||
| Moderate | |||
| High | |||
Instruments
| Full name | Description | Coupon rate | Maturity | Rating raw | Weight |
|---|---|---|---|---|---|
| Reserve Bank of India | Treasury Bills | 0.00% | 91-D 09/2026 | SOV | 5.50% |
| Indian Bank | Certificate of Deposit | 0.00% | 10/12/2026 | CRISIL A1+ | 3.38% |
| Bharti Telecom Ltd. | Debenture | 7.35% | 15/10/2027 | CRISIL AAA | 2.91% |
| Bajaj Finance Ltd. | Bonds/NCDs | 7.90% | 13/04/2028 | CRISIL AAA | 2.84% |
| Reserve Bank of India | Treasury Bills | 0.00% | 364-D 26/11/2026 | SOV | 2.72% |
| Punjab National Bank | Certificate of Deposit | 0.00% | 15/12/2026 | CRISIL A1+ | 2.71% |
| HDFC Bank Ltd. | Certificate of Deposit | 0.00% | 14/12/2026 | CARE A1+ | 2.71% |
| Union Bank of India | Certificate of Deposit | 0.00% | 10/12/2026 | ICRA A1+ | 2.71% |
| Small Industries Devp. Bank of India Ltd. | Certificate of Deposit | 0.00% | 18/12/2026 | CRISIL A1+ | 2.70% |
| Bank Of Baroda | Certificate of Deposit | 0.00% | 04/02/2027 | IND A1+ | 2.68% |
| Punjab National Bank | Certificate of Deposit | 0.00% | 05/02/2027 | CARE A1+ | 2.68% |
| Axis Bank Ltd. | Certificate of Deposit | 0.00% | 12/02/2027 | CRISIL A1+ | 2.67% |
| L&T Finance Ltd. | Commercial Paper | 0.00% | 12/02/2027 | CRISIL A1+ | 2.67% |
| Kotak Mahindra Bank Ltd. | Certificate of Deposit | 0.00% | 05/03/2027 | CRISIL A1+ | 2.67% |
| Mahindra & Mahindra Financial Services Ltd. | Commercial Paper | 0.00% | 220-D 25/02/2027 | CRISIL A1+ | 2.66% |
| ICICI Securities Ltd. | Commercial Paper | 0.00% | 365-D 18/02/2027 | CRISIL A1+ | 2.66% |
| HDFC Bank Ltd. | Certificate of Deposit | 0.00% | 05/03/2027 | CRISIL A1+ | 2.66% |
| Punjab National Bank | Certificate of Deposit | 0.00% | 12/03/2027 | CRISIL A1+ | 2.66% |
| Small Industries Devp. Bank of India Ltd. | Commercial Paper | 0.00% | 307-D 09/06/2027 | CRISIL A1+ | 2.61% |
| Mindspace Business Parks REIT | Debenture | 8.03% | 10/12/2026 | CRISIL AAA | 2.10% |
| Bank Of Baroda | Certificate of Deposit | 0.00% | 04/12/2026 | CRISIL A1+ | 2.03% |
| Indian Bank | Certificate of Deposit | 0.00% | 15/12/2026 | CRISIL A1+ | 2.03% |
| National Bank For Agriculture & Rural Development | Bonds | 7.48% | 15/09/2028 | CRISIL AAA | 1.62% |
| LIC Housing Finance Ltd. | Non Convertible Debenture | 7.69% | 11/12/2026 | CRISIL AAA | 1.46% |
| LIC Housing Finance Ltd. | Non Convertible Debenture | 7.75% | 23/11/2027 | CRISIL AAA | 1.46% |
| LIC Housing Finance Ltd. | Debenture | 6.40% | 30/11/2026 | CRISIL AAA | 1.44% |
| Bajaj Housing Finance Ltd. | Non Convertible Debenture | 7.14% | 26/02/2027 | CRISIL AAA | 1.43% |
| LIC Housing Finance Ltd. | Bonds | 7.90% | 23/06/2027 | CRISIL AAA | 1.40% |
| Mindspace Business Parks REIT | Debenture | 0.00% | 14/09/2027 | CRISIL AAA | 1.39% |
| Mindspace Business Parks REIT | Non Convertible Debenture | 7.63% | 26/09/2028 | ICRA AAA | 1.38% |
| Reserve Bank of India | Treasury Bills | 0.00% | 182-D 19/11/2026 | SOV | 1.36% |
| Reserve Bank of India | Treasury Bills | 0.00% | 364-D 06/11/2026 | SOV | 1.36% |
| Kotak Mahindra Bank Ltd. | Certificate of Deposit | 0.00% | 08/01/2027 | CRISIL A1+ | 1.35% |
| National Bank For Agriculture & Rural Development | Certificate of Deposit | 0.00% | 14/01/2027 | ICRA A1+ | 1.34% |
| ICICI Bank Ltd. | Certificate of Deposit | 0.00% | 12/02/2027 | ICRA A1+ | 1.34% |
| Bank Of Baroda | Certificate of Deposit | 0.00% | 25/01/2027 | IND A1+ | 1.34% |
| HDFC Bank Ltd. | Certificate of Deposit | 0.00% | 05/02/2027 | CARE A1+ | 1.34% |
| National Bank For Agriculture & Rural Development | Certificate of Deposit | 0.00% | 22/01/2027 | CRISIL A1+ | 1.34% |
| Axis Bank Ltd. | Certificate of Deposit | 0.00% | 14/01/2027 | CRISIL A1+ | 1.34% |
| National Bank For Agriculture & Rural Development | Certificate of Deposit | 0.00% | 18/03/2027 | CRISIL A1+ | 1.33% |
| Axis Bank Ltd. | Certificate of Deposit | 0.00% | 26/02/2027 | CRISIL A1+ | 1.33% |
| Bank Of Baroda | Certificate of Deposit | 0.00% | 11/03/2027 | IND A1+ | 1.33% |
| ICICI Securities Ltd. | Commercial Paper | 0.00% | 365-D 16/02/2027 | CRISIL A1+ | 1.33% |
| National Bank For Agriculture & Rural Development | Certificate of Deposit | 0.00% | 10/03/2027 | CRISIL A1+ | 1.33% |
| Canara Bank | Certificate of Deposit | 0.00% | 29/06/2027 | CRISIL A1+ | 1.30% |
| National Bank For Agriculture & Rural Development | Bonds | 7.53% | 24/03/2028 | ICRA AAA | 0.71% |
| National Bank For Agriculture & Rural Development | Bonds | 7.44% | 24/02/2028 | CRISIL AAA | 0.71% |
| Embassy Office Parks REIT | Non Convertible Debenture | 7.05% | 18/10/2026 | CRISIL AAA | 0.70% |
| ICICI Bank Ltd. | Certificate of Deposit | 0.00% | 08/03/2027 | ICRA A1+ | 0.67% |
| HDFC Bank Ltd. | Certificate of Deposit | 0.00% | 12/03/2027 | CARE A1+ | 0.67% |
| HDFC Bank Ltd. | Certificate of Deposit | 0.00% | 09/03/2027 | CRISIL A1+ | 0.67% |
| Embassy Office Parks REIT | Debenture | 6.96% | 19/03/2027 | CRISIL AAA | 0.21% |
| REC Ltd. | Interest Rate Swap | 0.00% | 06/08/2027 | - | 0.01% |
Frequently Asked Questions
What are the top holdings of HSBC Ultra Short Term Fund Direct-Growth?
The top holdings of HSBC Ultra Short Term Fund Direct-Growth as of 31 Aug 2026 are Reserve Bank of India (5.50%), Indian Bank (3.38%), Bharti Telecom Ltd. (2.91%), Bajaj Finance Ltd. (2.84%), Others (2.76%). These top 5 stocks together account for 17.39% of the total portfolio. You can view the complete holdings breakdown above.
How many stocks does HSBC Ultra Short Term Fund Direct-Growth hold in its portfolio?
HSBC Ultra Short Term Fund Direct-Growth holds 54 stocks in its portfolio as of 31 Aug 2026. The fund's portfolio size reflects the fund manager's investment approach, a more concentrated portfolio indicates higher conviction bets, while a larger number of holdings suggests a more diversified strategy.
What is the sector allocation of HSBC Ultra Short Term Fund Direct-Growth?
The sector allocation of HSBC Ultra Short Term Fund Direct-Growth is shown in the Sector Allocation section above.
What is the equity and debt allocation of HSBC Ultra Short Term Fund Direct-Growth?
As of 31 Aug 2026, HSBC Ultra Short Term Fund Direct-Growth has 0.00% allocated to equity, and 97.24% to debt. You can also check the historical trends above.
What is the market cap allocation of HSBC Ultra Short Term Fund Direct-Growth?
The market cap allocation of HSBC Ultra Short Term Fund Direct-Growth is shown in the Holdings Analysis section above.
What is the PE ratio of HSBC Ultra Short Term Fund Direct-Growth's portfolio?
The portfolio PE ratio of HSBC Ultra Short Term Fund Direct-Growth is shown in the Holdings Analysis section above.
What is the credit quality of HSBC Ultra Short Term Fund Direct-Growth?
As of 31 Aug 2026, HSBC Ultra Short Term Fund Direct-Growth's debt portfolio has 21.76% in AAA-rated instruments, - in AA-rated, and 10.94% in sovereign securities. Higher allocation to AAA and sovereign instruments indicates lower credit risk in the non-equity portion of the portfolio.
When is the latest portfolio disclosure for HSBC Ultra Short Term Fund Direct-Growth?
The latest portfolio disclosure for HSBC Ultra Short Term Fund Direct-Growth is as of 31 Aug 2026. SEBI requires all mutual funds to disclose their complete portfolio holdings on a monthly basis, typically within 10 days of the end of each month.