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
Similar Funds
Side-by-side comparison of HSBC Ultra Short Term Fund Direct-Growth with similar funds — trailing returns, risk metrics, AUM and expense ratio.
| Period | This Fund | Category Avg | Category Rank |
|---|---|---|---|
| 1Y Return | +6.68% | 6.75% | 18 / 30 |
| 3Y Return | +7.27% | 7.23% | 14 / 24 |
| 5Y Return | +6.53% | 6.53% | 15 / 24 |
| 10Y Return | — | 6.47% | — |
Trailing annualised returns (%). Category rank: lower is better. Green = top third of category.
Funds in Debt: Ultra Short Term
Top funds by AUM in the Debt: Ultra Short Term category — see how HSBC Ultra Short Term Fund Direct-Growth compares on size and returns.
Funds Tracking NIFTY Ultra Short Duration Debt Index A-I
Top funds tracking the NIFTY Ultra Short Duration Debt Index A-I — sorted by AUM to show the largest options available.
Frequently Asked Questions
Which funds are similar to HSBC Ultra Short Term Fund Direct-Growth?
Funds similar to HSBC Ultra Short Term Fund Direct-Growth in the Debt: Ultra Short Term category include Aditya Birla Sun Life Ultra Short Term 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 Term Fund Direct-Growth in its category?
On a 3-year return basis HSBC Ultra Short Term Fund Direct-Growth is ranked 14 out of 24 funds in the Debt: Ultra Short Term category as of 6 Sep 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 Term Fund Direct-Growth's expense ratio compare to similar funds?
HSBC Ultra Short Term Fund Direct-Growth has an expense ratio of 0.18%. The peers Aditya Birla Sun Life Ultra Short Term Direct-Growth has an expense ratio of 0.32% 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 Term Fund Direct-Growth's AUM compare to similar funds?
HSBC Ultra Short Term Fund Direct-Growth has an AUM of ₹3,628.23 crore. The peers Aditya Birla Sun Life Ultra Short Term Direct-Growth has an AUM of ₹18,819.3 crore and HDFC Ultra Short Term Fund Direct-Growth has ₹17,464.9 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 Term?
The top performing fund in the Debt: Ultra Short Term category on a 3-year basis is Nippon India Ultra Short Term Fund Direct-Growth with a CAGR of 7.62% as of 6 Sep 2026. HSBC Ultra Short Term Fund Direct-Growth has delivered 7.27% CAGR over the same period, ranking 14 out of 24 funds. You can view and compare the full category ranking on sharpely.
How does HSBC Ultra Short Term Fund Direct-Growth rank in risk-adjusted returns vs peers?
On a risk-adjusted basis, HSBC Ultra Short Term Fund Direct-Growth has a Sharpe ratio of 3.00 compared to the Debt: Ultra Short Term average of 3.08 as of 6 Sep 2026. It ranks 15 out of 24 funds in its category on Sharpe ratio.