Which funds are similar to HSBC Ultra Short to Short Term Fund Direct-Growth?
Funds similar to HSBC Ultra Short to Short Term Fund Direct-Growth in the Debt: Ultra Short to Short Term category include ICICI Prudential Ultra Short to Short Term Fund Direct-Growth, HDFC Ultra Short to Short Term Fund Direct-Growth, and Kotak Ultra Short to 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 to Short Term Fund Direct-Growth in its category?
On a 3-year return basis HSBC Ultra Short to Short Term Fund Direct-Growth is ranked 1 out of 20 funds in the Debt: Ultra Short to Short Term category as of 21 Oct 2026. On a 5-year return basis it ranks 1 out of 20. 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 to Short Term Fund Direct-Growth's expense ratio compare to similar funds?
HSBC Ultra Short to Short Term Fund Direct-Growth has an expense ratio of 0.40%. The peers ICICI Prudential Ultra Short to Short Term Fund Direct-Growth has an expense ratio of 0.42% and HDFC Ultra Short to Short Term Fund Direct-Growth has 0.46%. 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 to Short Term Fund Direct-Growth's AUM compare to similar funds?
HSBC Ultra Short to Short Term Fund Direct-Growth has an AUM of ₹847.33 crore. The peers ICICI Prudential Ultra Short to Short Term Fund Direct-Growth has an AUM of ₹18,781.2 crore and HDFC Ultra Short to Short Term Fund Direct-Growth has ₹16,512.9 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 to Short Term?
The top performing fund in the Debt: Ultra Short to Short Term category on a 3-year basis is Kotak Ultra Short to Short Term Fund Direct-Growth with a CAGR of 7.34% as of 21 Oct 2026. HSBC Ultra Short to Short Term Fund Direct-Growth has delivered 7.70% CAGR over the same period, ranking 1 out of 20 funds. You can view and compare the full category ranking on sharpely.
How does HSBC Ultra Short to Short Term Fund Direct-Growth rank in risk-adjusted returns vs peers?
On a risk-adjusted basis, HSBC Ultra Short to Short Term Fund Direct-Growth has a Sharpe ratio of 1.75 compared to the Debt: Ultra Short to Short Term average of 2.22 as of 21 Oct 2026. It ranks 20 out of 20 funds in its category on Sharpe ratio.
