GMP IPO Watch
Debt Scheme - Short Duration Fund
HSBC Short Term Fund
Direct plan · Growth · HSBC Mutual Fund
Risk: Low to Moderate Risk
★★★★★
Morningstar
52W Low ₹28.76 4 Nov 2025
52W High ₹30.02 9 Sept 2026
₹30.0169
NAV as of 4 Nov 2026
+0.11% day change
Other Plans of This Fund
ISININF917K01IQ4
Scheme Code151067
StructureOpen Ended Schemes
AUM (avg. July - September 2026)₹3,737.98 Cr
Expense Ratio (as of 4 Nov 2026)0.32%
Min. InvestmentRs. 10000/- and in multiples of Re. 1/- thereafter
Inception Date7 Dec 2011
BenchmarkNIFTY Short Duration Debt Index A-II · -
Portfolio Turnover180.64%
NFO Period07 Dec 2011 – 21 Dec 2011
Returns
1Y
+4.38%
3Y
+7.12%
Since Inception
+7.00%
Annualised (CAGR) returns for periods over a year.
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Rank in Category
| Period | This Fund | Category Avg. | Rank |
|---|---|---|---|
| 1W | +0.36% | +0.43% | 19 of 26 |
| 1M | +0.18% | +0.19% | 17 of 26 |
| 3M | +0.36% | +0.10% | 14 of 25 |
| 6M | +2.63% | +1.94% | 10 of 25 |
| YTD | +3.74% | +2.77% | 13 of 26 |
| 1Y | +4.38% | +3.08% | 14 of 24 |
| 2Y | +6.50% | +5.01% | 7 of 24 |
| 3Y | +7.12% | +5.31% | 9 of 24 |
| INCEPTION | +7.00% | — | — |
Ranked among: Debt Scheme - Short Duration Fund.
Rolling Returns
| Period | Average | Best | Worst | Positive Periods | Consistency |
|---|---|---|---|---|---|
| 3M | +1.78% | +4.14% | +0.10% | 100% | 41% |
| 6M | +3.60% | +5.83% | +1.07% | 100% | 41% |
| 1Y | +7.50% | +10.48% | +3.84% | 100% | 43% |
| 2Y | +7.82% | +8.62% | +6.36% | 100% | 43% |
| 3Y | +7.44% | +7.88% | +6.91% | 100% | 43% |
Rolling returns show the average, best and worst outcome an investor would have seen entering at any point in the window.
NAV History
AUM Trend (₹ Cr, quarterly average)
Expense Ratio Trend
Portfolio · Sep 2026
Asset Allocation
- Equity0.00%
- Debt94.82%
- Cash5.18%
- Other0.00%
Market Cap Split
- Large Cap0.00%
- Mid Cap0.00%
- Small Cap0.00%
- Others100.00%
Holdings86
Top 5 Stocks0.00%
Top 10 Stocks0.00%
Top 3 Sectors0.00%
Holdings · Sep 2026
| Holding | Sector | Weight | Change (1M) |
|---|---|---|---|
| Treps | Reverse Repo / TREPS | 5.18% | — |
| GOI LOAN 6.94% 2036 | Debt | 2.99% | -0.31% |
| SST-7.73%-28-9-29-PTC | Debt | 2.58% | -0.09% |
| NABARD** | Debt | 2.57% | -0.19% |
| Embassy Office Parks REIT** | Debt | 2.55% | -0.04% |
| NTPC Limited** | Debt | 2.08% | +0.00% |
| SIDBI** | Debt | 2.06% | +0.00% |
| NABARD** | Debt | 2.01% | +0.67% |
| Hindustan Zinc Limited** | Debt | 2.01% | +0.01% |
| Bajaj Housing Finance Ltd** | Debt | 2.00% | +0.00% |
| NABARD^ | Debt | 1.80% | +0.66% |
| NABARD** | Debt | 1.56% | — |
| Mindspace Business Parks REIT** | Debt | 1.54% | -0.02% |
| SDL TN 6.80% 2035 | Debt | 1.48% | -0.01% |
| Larsen & Toubro Limited** | Debt | 1.46% | +0.00% |
View all 88 holdings
| Bharti Telecom Limited** | Debt | 1.42% | +0.00% |
| Reliance Industries Limited** | Debt | 1.41% | +0.00% |
| LIC Housing Finance Limited** | Debt | 1.36% | — |
| SIDBI** | Debt | 1.36% | +0.00% |
| Power Finance Corporation Limited** | Debt | 1.33% | — |
| Bharti Telecom Limited^ | Debt | 1.32% | +0.00% |
| Tata Capital Ltd** | Debt | 1.32% | +0.01% |
| Bajaj Finance Limited** | Debt | 1.32% | +0.00% |
| Power Finance Corporation Limited** | Debt | 1.32% | +0.00% |
| REC Limited** | Debt | 1.31% | +0.00% |
| National Highways Authority of India** | Debt | 1.30% | +0.00% |
| Bajaj Finance Limited^ | Debt | 1.30% | +0.00% |
| SDL KA 7.16% 2030 | Debt | 1.30% | -0.01% |
| 772MAH32 | Debt | 1.30% | -0.06% |
| Kotak Mahindra Prime Limited** | Debt | 1.29% | +0.00% |
| Sundaram Finance Limited** | Debt | 1.29% | +0.00% |
| UltraTech Cement Limited** | Debt | 1.29% | +0.00% |
| Mindspace Business Parks REIT** | Debt | 1.28% | -0.01% |
| Bajaj Finance Limited** | Debt | 1.28% | +0.00% |
| SDL TN 6.54% 2029 | Debt | 1.28% | +0.00% |
| 364T101226 | Money Market | 1.28% | — |
| Bajaj Housing Finance Ltd** | Debt | 1.27% | -0.01% |
| Kotak Mahindra Bank Limited^ | Money Market | 1.27% | +0.01% |
| REC Limited** | Debt | 1.26% | — |
| Bank of Baroda** | Money Market | 1.26% | +0.00% |
| Punjab National Bank^ | Money Market | 1.26% | +0.00% |
| Canara Bank** | Money Market | 1.26% | — |
| Union Bank of India** | Money Market | 1.26% | — |
| Punjab National Bank** | Money Market | 1.25% | +0.00% |
| Bank of Baroda^ | Money Market | 1.25% | +0.00% |
| EXIM Bank** | Money Market | 1.25% | +0.00% |
| SIDBI^ | Money Market | 1.21% | +0.00% |
| Power Finance Corporation Limited** | Debt | 1.20% | +0.00% |
| Indian Bank** | Money Market | 1.16% | +0.00% |
| RKST-7.66%-28-9-28-PTC | Debt | 1.11% | -0.03% |
| 702GJSDL31 | Debt | 1.09% | -0.20% |
| SIDBI** | Debt | 1.06% | +0.00% |
| Reliance Industries Limited** | Debt | 1.00% | +0.00% |
| REC Limited** | Debt | 0.86% | +0.60% |
| LIC Housing Finance Limited** | Debt | 0.78% | — |
| Indian Railway Finance Corporation Ltd** | Debt | 0.70% | +0.00% |
| Bharti Telecom Limited** | Debt | 0.70% | +0.00% |
| LIC Housing Finance Limited** | Debt | 0.69% | +0.41% |
| Bharti Telecom Limited** | Debt | 0.68% | +0.00% |
| Bharti Telecom Limited** | Debt | 0.68% | — |
| IRFC-7.08%-28-2-30-PVT | Debt | 0.68% | +0.00% |
| LIC Housing Finance Limited** | Debt | 0.67% | +0.00% |
| EXIM 7.45% 2028 SR Z01 | Debt | 0.67% | — |
| Bajaj Finance Limited** | Debt | 0.67% | — |
| National Housing Bank** | Debt | 0.66% | -0.01% |
| Sundaram Finance Limited** | Debt | 0.66% | +0.00% |
| Mahindra & Mahindra Financial Serv Ltd.** | Debt | 0.66% | +0.00% |
| Bajaj Housing Finance Ltd** | Debt | 0.66% | +0.00% |
| Jio Credit Limited** | Debt | 0.66% | +0.00% |
| REC Limited** | Debt | 0.65% | — |
| Bajaj Housing Finance Ltd** | Debt | 0.65% | — |
| NABARD** | Debt | 0.65% | +0.00% |
| Kotak Mahindra Prime Limited^ | Debt | 0.65% | -0.65% |
| REC Limited** | Debt | 0.64% | +0.00% |
| REC Limited** | Debt | 0.64% | +0.00% |
| Embassy Office Parks REIT** | Debt | 0.64% | -0.01% |
| IUTAL2-8.09%-21-11-27-PTC | Debt | 0.63% | -0.08% |
| Canara Bank** | Money Market | 0.63% | +0.01% |
| Canara Bank** | Money Market | 0.63% | +0.01% |
| SST-7.80%-28-9-30-PTC | Debt | 0.62% | -0.02% |
| Union Bank of India** | Money Market | 0.62% | +0.00% |
| Embassy Office Parks REIT** | Debt | 0.39% | +0.00% |
| Embassy Office Parks REIT** | Debt | 0.39% | +0.00% |
| Corp Debt Mkt Devlop Fund (SBI AIF Fund) | AIF | 0.35% | +0.01% |
| IUTA1-8.12%-20-7-27-PTC | Debt | 0.30% | -0.07% |
| Bajaj Finance Limited** | Debt | 0.25% | +0.00% |
| SDL GJ 7.59% 2041 | Debt | 0.08% | — |
| Net Current Assets (including cash & bank balances) | Money Market | -2.43% | — |
Risk Metrics
Standard Deviation
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | 1.19 | 1.58 | Low Volatility |
| 3Y | 0.99 | 1.45 | Low Volatility |
What is this?
Annualized population standard deviation of daily denomination-adjusted NAV returns, multiplied by sqrt(252). Values require a full timeframe of NAV history.
Sharpe Ratio
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | -0.82 | -1.54 | Above Average |
| 3Y | 0.88 | -0.52 | Above Average |
What is this?
Annualized Sharpe ratio calculated from month-end NAV returns using the latest available FBIL Overnight MIBOR rate as the risk-free rate. For schemes with less than three years of history, the 3Y value uses since-inception data. Applied risk-free rate: 5.73% (published 2026-10-28).
Sortino Ratio
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | 6.56 | 5.18 | Above Average |
| 3Y | 14.54 | 11.67 | Above Average |
What is this?
Annualized from daily NAV returns using a 0.00% minimum acceptable return; downside deviation includes only returns below this target.
Beta
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | 1.12 | 1.08 | Poor Risk Adjusted Returns |
| 3Y | 1.20 | 1.16 | Poor Risk Adjusted Returns |
| 5Y | 1.11 | 1.07 | Poor Risk Adjusted Returns |
What is this?
This value gives idea about how volatile fund performance has been compared to similar funds in the market. Lower beta implies the fund gives more predictable performance compared to similar funds in the market.
Compare With Peers
| Scheme | 1Y | 3Y | 5Y | Since Inception |
|---|---|---|---|---|
|
Groww Short Term Fund
Direct Plan · Growth
|
+5.27% | +7.50% | +6.27% | +7.46% |
|
ICICI Prudential Short Term Fund
Regular Plan · Growth
|
+4.67% | +6.94% | +6.40% | +7.97% |
|
Axis Short Term Fund
Regular Plan · Growth Option
|
+4.56% | +7.09% | +6.18% | +7.40% |
|
Sundaram Short Term Fund (Formerly Known as Sundaram Short Duration Fund)
Regular Plan · GROWTH
|
+4.32% | +6.72% | — | +6.02% |
|
TRUSTMF Short Term Fund
Regular Plan · Growth
|
+4.24% | +6.51% | +5.72% | +5.64% |
|
HDFC Short Term Fund
Regular Plan · Growth Option
|
+4.20% | +6.98% | +6.17% | +7.80% |
|
Mahindra Manulife Short Term Fund
Regular Plan · Growth
|
+4.18% | +6.55% | +5.59% | +5.49% |
|
Baroda BNP Paribas Short Term Fund (the scheme has 2 segregated portfolios)
Regular Plan · Growth Option
|
+4.14% | +6.66% | +5.84% | +7.19% |
|
Mirae Asset Short Term Fund
Direct Plan · IDCW
|
+4.13% | +7.15% | +6.34% | +6.86% |
|
BANK OF INDIA SHORT TERM FUND
Regular Plan · Growth
|
+4.12% | +6.99% | +10.30% | +5.90% |
More From HSBC Asset Management (India) Private Ltd.
| Scheme | 1Y | 3Y | 5Y | Since Inception |
|---|---|---|---|---|
|
HSBC India Export Opportunities Fund
Direct Plan · IDCW
|
+18.74% | — | — | +9.24% |
|
HSBC Global Emerging Markets Fund
Direct Plan · Growth
|
+17.68% | +25.06% | +9.86% | +8.09% |
|
HSBC Asia Pacific (Ex Japan) Dividend Yield Fund
Direct Plan · Growth
|
+17.29% | +24.16% | +13.27% | +10.73% |
|
HSBC Midcap Fund
Direct Plan · Growth
|
+13.77% | +21.86% | — | +22.65% |
|
HSBC Multi Asset Allocation Fund
Direct Plan · Growth
|
+8.06% | — | — | +13.55% |
|
HSBC Equity Savings Fund
Direct Plan · Growth
|
+7.87% | +13.07% | — | +13.02% |
|
HSBC Large & Mid Cap Fund
Direct Plan · Growth
|
+7.72% | +17.66% | +13.72% | +16.80% |
|
HSBC Small Cap Fund
Direct plan · Growth
|
+7.37% | +13.07% | — | +17.41% |
|
HSBC Arbitrage Fund
Direct Plan · Growth
|
+6.52% | +7.15% | — | +7.37% |
|
HSBC Liquid Fund
Regular Plan · Direct
|
+6.45% | +6.90% | +6.44% | +6.82% |
About This Scheme
Investment Objective
To provide a reasonable income through a diversified portfolio of fixed income securities such that the Macaulay duration of the portfolio is between 1 year to 3 years. However, there can be no assurance or guarantee that the investment objective of the scheme would be achieved.
Stated Asset Allocation
Debt Instruments: 0% -100% Money market instruments^: 0%-100%
Exit Load
Nil
Fund Managers
FM 1 - Shriram Ramanathan, FM 2 - Mohd Asif Rizwi
FM 1 - Primary FM 2 - Primary
Official Documents
Scheme Information Document (PDF)
Scheme Summary (PDF)
Scheme Summary (XLS)
HSBC Asset Management (India) Private Ltd. website
Mutual fund investments are subject to market risks. Read all scheme related documents carefully. Past performance is not indicative of future returns. Data is sourced from AMFI and fund houses via FinAPI and may lag official figures.