Sharpe ratio
-0.59Return earned for the risk taken.
Negative
Negative means the fund has not rewarded investors well for the risk taken recently.
+6.43%1Y Absolute Return
-0.00%1D
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Past performance is not an indicator of future returns.
Returns calculator comparison
Compare an illustrative investment outcome across return assumptions.
| Asset | Projected corpus | Total invested | Gain | Annual return |
|---|---|---|---|---|
| HSBC Ultra Short Duration Fund - Direct GrowthFund 5Y annualised return | ₹8,59,741 | ₹7,32,612 | ₹1,27,129 | +6.63% |
| EPFIllustrative annual assumption | ₹8,95,132 | ₹7,32,612 | ₹1,62,520 | +8.25% |
| Residential propertyIllustrative annual assumption | ₹8,67,662 | ₹7,32,612 | ₹1,35,050 | +7.00% |
| PPFIllustrative annual assumption | ₹8,69,819 | ₹7,32,612 | ₹1,37,207 | +7.10% |
| Bank fixed depositIllustrative annual assumption | ₹8,56,981 | ₹7,32,612 | ₹1,24,369 | +6.50% |
| GoldIllustrative annual assumption | ₹8,67,662 | ₹7,32,612 | ₹1,35,050 | +7.00% |
| Savings accountIllustrative annual assumption | ₹7,86,827 | ₹7,32,612 | ₹54,215 | +3.00% |
Illustration only. Fund results use the available NAV-derived annualised return and can be negative. Reference rows are assumptions, not current quoted rates or guaranteed returns; property excludes transaction costs, taxes, and liquidity constraints. Mutual fund investments are subject to market risk.
Wealth multiple
₹1 became₹1.06
₹1 Lakh since launch₹1.06 Lakh
Fund age6.8 yrs
Fund information
Scheme code147908
ISININF336L01OR1
BenchmarkNIFTY Ultra Short Duration Debt Index A-I
CategoryDebt Scheme - Ultra Short Duration Fund
Expense ratio0.18%
Exit loadNil
Minimum SIP₹1,000 SIP
Return comparison
29th / 209 in category| Period | Fund | Benchmark | Category avg |
|---|---|---|---|
| 1M | +5.36% | — | — |
| 3M | +5.78% | — | — |
| 6M | +7.01% | — | — |
| 1Y | +6.43% | — | +2.44% |
| 3Y | +7.16% | — | +2.87% |
| 5Y | +6.63% | — | +2.76% |
| Since Launch | +6.11% | — | — |
Risk-adjusted performance
Every measure is expanded with a plain-language reading of the latest calculated value.
Sortino ratio
-1.53Return earned while limiting downside risk.
Negative
Negative means downside losses have outweighed the returns.
Standard deviation
0.46%How much the fund’s returns fluctuate over time.
Low volatility
Returns have been relatively stable.
Beta
—How closely the fund moves with the market.
Unavailable
This measure needs sufficient fund and benchmark history to calculate.
Alpha
—Extra return generated above the benchmark.
Unavailable
This measure needs sufficient fund and benchmark history to calculate.
Treynor ratio
—Return earned for each unit of market risk taken.
Unavailable
This measure needs sufficient fund and benchmark history to calculate.
Calmar ratio
6.34How well the fund rewarded investors relative to its biggest decline.
Excellent
Excellent balance between returns and drawdowns.
Information ratio
—How consistently the fund outperformed its benchmark.
Unavailable
This measure needs sufficient fund and benchmark history to calculate.
Portfolio allocation
Latest disclosed portfolio mix
Asset allocation
Portfolio100%
Debt99.51%
Cash0.49%
Market cap allocation
Market-cap classifications were not present in the latest portfolio disclosure.
Sector allocation
Equity exposure by sector
Top holdings
10 of 65 disclosed positions
| Holding | Sector | Instrument type | Weight |
|---|---|---|---|
| 91 DAYS T-BILL - 24SEP2026 | Financial | Treasury Bills | 5.46% |
| EXPORT IMPORT BANK OF INDIA CD 11NOV26 | Financial | Certificate of Deposit | 3.37% |
| GOVERNMENT OF INDIA 37176 182 DAYS TBILL 03SP26 FV RS 100 | Financial | Treasury Bills | 2.74% |
| ADITYA BIRLA CAPITAL LIMITED 91D CP 18AUG26 | Financial | Commercial Paper | 2.74% |
| EXPORT IMPORT BANK OF INDIA 91D CP 21AUG26 | Financial | Commercial Paper | 2.74% |
| JAMNAGAR UTILITIES & POWER PRIVATE LIMITED 91D CP 18AUG26 | Industrials | Commercial Paper | 2.74% |
| UNION BANK OF INDIA CD 15SEP26 | Financial | Certificate of Deposit | 2.73% |
| INDIAN BANK CD 27OCT26 | Financial | Certificate of Deposit | 2.7% |
| SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA CD 14JAN27 | Financial | Certificate of Deposit | 2.66% |
| AXIS BANK LIMITED CD 12FEB27 | Financial | Certificate of Deposit | 2.65% |
Fund management
AB
Abhishek Iyer
Since 2025 · Prior to joining Mirae Asset Mutual Fund, he has worked with IDBI Mutual Fund, IIFL Mutual Fund, L&T Mutual Fund and Sahara Mutual Fund.
Mr. Iyer is a B. Com, Master in Finance management, Master of Arts (MA) Economics
RA
Rahul Totla
Since 2025 · Prior to joining Edelweiss AMC he has worked with Godfrey Philips India.
Mr. Totla is an MBA (Finance)
Compare similar funds
No comparable category funds are available yet.
Summary
A low to moderate-risk debt scheme - ultra short duration fund. Losses and swings stayed contained — worst fall -1.0%, volatility 0.5%. Financial makes up 86% — trouble in that sector hits the whole fund.
Strengths
- Losses and swings stayed contained — worst fall -1.0%, volatility 0.5%.
- Recovered from its worst fall in 0 months.
- Ranks 29 of 209 in its category over 1 year.
Weaknesses
- None
Ideal investor
- Needs a 1–3 years depending on duration horizon to ride out its low to moderate risk level.
Risk drivers
- Financial makes up 86% — trouble in that sector hits the whole fund.