HSBC Short Term Fund - Direct Plan - Growth

NAVs of 8 Nov 2026

HSBC Mutual Fund · Debt fund · Direct plan · Growth

Short DurationDirect · GrowthRisk: Low to Moderate

NAV · 6 Nov 2026

₹30.0736 ▼ 0.01%

HSBC Mutual Fund

Fund size₹4,042 crJuly - September 2026

1-month range₹29.89 – 30.08

1 year+4.52%rank 15 of 25

Expense ratio0.32%direct plan, a year

5 years–a year

What the fund does

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.

BenchmarkNIFTY Short Duration Debt Index A-II

Launched27 Dec 2011

Fund houseHSBC Mutual Fund

Fund managersFM 1 - Shriram RamanathanFM 2 - Mohd Asif Rizwi

NAV history

Returns

1 week

+0.49%avg 0.6%

1 month

+0.29%avg 0.3%

3 months

+0.38%avg 0.4%

6 months

+2.63%avg 2.3%

This year

+3.98%avg 2.9%

1 year

+4.52%avg 3.4% · #15/25

3 years (a year)

+7.19%avg 5.9% · #13/25

Bars: this plan; the thin mark is the Short Duration average (direct plans, growth option). Over a year: yearly averages (CAGR). Past returns do not guarantee future returns. Information only, not investment advice.

Monthly returns (%)

Year	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec
2024												+0.4
2025	+0.8	+0.5	+1.2	+1.3	+1.3	+0.1	+0.6	+0.1	+0.6	+0.8	+0.5	+0.1
2026	+0.0	+0.8	-0.3	+0.5	+0.1	+1.8	+0.3	+0.1	+0.2	-0.1	+0.5

Each month's change in NAV (the current month to the latest NAV).

What if you had invested?

Amount (₹) Started

Worked out from this plan's actual NAVs. SIP: invested on the first NAV of each month. Taxes and exit loads are not included. Past returns do not guarantee future returns. Information only, not investment advice.

Portfolio as on 31 Oct 2026

Holdings8789 lines in all

Top 10 holdings24.2%of the fund

Debt73.9%bonds, government securities

Money market15.8%CDs, CPs, treasury bills

Where the money is

Debt 73.9%Money market 15.8%Cash & others 10.3%Short -0.0%

Credit quality (debt and money market)

AAA

64.1%

A1+

14.5%

Sovereign

11.1%

Changes since 30 Sept 2026

Share of fund	31 Oct 2026	30 Sept 2026	Change
Short positions	-0.0%	-2.5%	+2.45
Debt	73.9%	74.5%	-0.63
Money market	15.8%	15.6%	+0.20
Cash & others	10.3%	9.9%	+0.40

New stocks 1

PAY_6.3450% &REC_OIS_02/06/280.00%

Change is in percentage points. Bought more and cut back list stocks whose share of the fund moved by at least 0.25 points. A share can also move because the price changed, not only because the fund traded.

Stocks held 3

Holding	Sector / type	% of fund
PAY_6.4475% &REC_OIS_25/08/31	–	0.03%
PAY_OIS% &REC_6.64%_15/05/29	–	0.00%
PAY_6.3450% &REC_OIS_02/06/28	–	0.00%

Short positions 1

Holding	Sector / type	% of fund
PAY_6.5225% &REC_OIS_22/05/28	–	-0.01%

Bonds, money market and cash 85

Holding	Sector / type	% of fund
6.94% GOI 11-May-2036 IN0020260025	SOVEREIGN	4.32%
Treps	–	2.98%
Shivshakti Securitisation Trust** INE2I7G15010	CRISIL AAA(SO)	2.61%
NABARD^ INE261F08EO7	CRISIL AAA	2.60%
Embassy Office Parks REIT** INE041007175	CRISIL AAA	2.59%
NTPC Limited** INE733E07KJ7	CRISIL AAA	2.10%
SIDBI** INE556F08KL3	CRISIL AAA	2.09%
NABARD** INE261F08EK5	CRISIL AAA	2.04%
Hindustan Zinc Limited** INE267A08046	CRISIL AAA	2.04%
Bajaj Housing Finance Ltd** INE377Y07532	CRISIL AAA	2.03%
NABARD** INE261F08EQ2	ICRA AAA	1.82%
NABARD^ INE261F08EF5	ICRA AAA	1.59%
Mindspace Business Parks REIT** INE0CCU07165	CRISIL AAA	1.56%
Larsen & Toubro Limited** INE018A08BE9	CRISIL AAA	1.49%
Bharti Telecom Limited^ INE403D08280	CRISIL AAA	1.44%
Reliance Industries Limited** INE002A08690	CRISIL AAA	1.42%
LIC Housing Finance Limited** INE115A07QC7	CRISIL AAA	1.39%
SIDBI** INE556F08KU4	CRISIL AAA	1.39%
Power Finance Corporation Limited** INE134E08OC3	CRISIL AAA	1.35%
Tata Capital Ltd** INE976I07DE9	CRISIL AAA	1.35%
Bharti Telecom Limited** INE403D08298	CRISIL AAA	1.34%
Bajaj Finance Limited** INE296A07TW7	CRISIL AAA	1.34%
Power Finance Corporation Limited** INE134E08NZ6	CRISIL AAA	1.33%
REC Limited** INE020B08FL9	CRISIL AAA	1.32%
Bajaj Finance Limited^ INE296A07TJ4	CRISIL AAA	1.32%
National Highways Authority of India** INE906B07HG7	CRISIL AAA	1.32%
Kotak Mahindra Prime Limited** INE916DA7TA4	CRISIL AAA	1.31%
Sundaram Finance Limited** INE660A07SE4	CRISIL AAA	1.31%
Sun Pharmaceutical Industries Limited** INE044A08023	CRISIL AAA	1.31%
7.72% Maharashtra SDL - 23-Mar-2032 IN2220220239	SOVEREIGN	1.31%
Power Grid Corporation of India Limited** INE752E07LC0	CRISIL AAA	1.30%
UltraTech Cement Limited** INE481G08149	CRISIL AAA	1.30%
Mindspace Business Parks REIT** INE0CCU08015	ICRA AAA	1.30%
364 Days Treasury Bill 10-Dec-2026 IN002025Z377	SOVEREIGN	1.30%
Bajaj Housing Finance Ltd** INE377Y07623	CRISIL AAA	1.29%
6.54% Tamil Nadu SDL - 25-Feb-2029 IN3120250730	SOVEREIGN	1.29%
Punjab National Bank^ INE160A16UD4	CRISIL A1+	1.28%
Bank of Baroda** INE028A16LF7	IND A1+	1.28%
Canara Bank** INE476A16L54	CRISIL A1+	1.28%
Union Bank of India** INE692A16NK6	ICRA A1+	1.28%
EXIM Bank^ INE514E16CP6	CRISIL A1+	1.28%
Punjab National Bank** INE160A16UM5	CARE A1+	1.28%
REC Limited** INE020B08EK4	ICRA AAA	1.27%
Bank of Baroda^ INE028A16LS0	CARE A1+	1.27%
SIDBI** INE556F16CF5	CARE A1+	1.23%
Power Finance Corporation Limited** INE134E08NO0	CRISIL AAA	1.21%
SIDBI^ INE556F16CJ7	CARE A1+	1.21%
Indian Bank** INE562A16QI8	CRISIL A1+	1.18%
Radhakrishna Securitisation Trust** INE2I7H15018	CRISIL AAA(SO)	1.12%
7.02% Gujarat SDL - 11-Feb-2031 IN1520250284	SOVEREIGN	1.10%
SIDBI^ INE556F08LB2	CRISIL AAA	1.07%
Reliance Industries Limited** INE002A08542	CRISIL AAA	1.01%
7.16% Karnataka SDL - 08-Jan-2030 IN1920190148	SOVEREIGN	0.92%
REC Limited^ INE020B08FF1	ICRA AAA	0.87%
LIC Housing Finance Limited** INE115A07QU9	CRISIL AAA	0.78%
Bharti Telecom Limited** INE403D08231	CRISIL AAA	0.71%
EXIM Bank** INE514E08GB4	CRISIL AAA	0.68%
Mahindra & Mahindra Financial Serv Ltd.** INE774D07VP7	CRISIL AAA	0.68%
Bajaj Finance Limited^ INE296A07SI8	CRISIL AAA	0.68%
Sundaram Finance Limited** INE660A07RW8	CRISIL AAA	0.68%
Jio Credit Limited^ INE282H07018	CRISIL AAA	0.67%
National Housing Bank** INE557F08GC8	IND AAA	0.67%
Bajaj Housing Finance Ltd** INE377Y07656	CRISIL AAA	0.67%
REC Limited** INE020B08GD4	ICRA AAA	0.66%
Bajaj Housing Finance Ltd** INE377Y07565	CRISIL AAA	0.66%
Indian Railway Finance Corporation Ltd** INE053F07BE7	CRISIL AAA	0.66%
NABARD^ INE261F08EU4	CRISIL AAA	0.65%
LIC Housing Finance Limited** INE115A07QZ8	CRISIL AAA	0.65%
Bharti Telecom Limited** INE403D08272	CRISIL AAA	0.65%
REC Limited** INE020B08GI3	CRISIL AAA	0.65%
Embassy Office Parks REIT** INE041007167	CRISIL AAA	0.65%
Indian Railway Finance Corporation Ltd** INE053F07CA3	CRISIL AAA	0.64%
7.06% GOI 27-Jul-2041 IN0020260041	SOVEREIGN	0.64%
Canara Bank** INE476A16H43	CRISIL A1+	0.64%
Canara Bank^ INE476A16H92	CRISIL A1+	0.64%
Union Bank of India** INE692A16LP9	ICRA A1+	0.64%
Siddhivinayak Securitisation Trust** INE2I7F15012	CRISIL AAA(SO)	0.62%
India Universal Trust AL2** INE1CBK15029	CRISIL AAA(SO)	0.56%
Embassy Office Parks REIT** INE041007142	CRISIL AAA	0.39%
Embassy Office Parks REIT** INE041007183	CRISIL AAA	0.39%
Corp Debt Mkt Devlop Fund (SBI AIF Fund) INF0RQ622028	AIF	0.35%
8.14% Maharashtra SDL - 21-Oct-2041 IN2220260110	SOVEREIGN	0.26%
India Universal Trust AL1** INE16J715027	IND AAA(SO)	0.23%
Bajaj Finance Limited^ INE296A07UB9	CRISIL AAA	0.12%
Net Current Assets (including cash & bank balances)	–	0.08%

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From the fund house's monthly portfolio (assetmanagement.hsbc.co.in), as on 31 Oct 2026. Percentages are of the fund's net assets. Published about ten days after each month ends.

Risk

Volatility1.2%yearly, from daily NAVs

Worst fall-0.58%7 May 2026 → 21 May 2026

RiskometerLow to ModerateLow to Moderate

Volatility: how much the NAV moves, as a yearly figure (higher = bumpier). Worst fall: the biggest drop from a high, in the NAV history we hold (from 30 Nov 2022).

Where it can invest (limits from the scheme document)

Debt Instruments

0–100%

Money market instruments^

0–100%

The ranges the fund is allowed to hold, not what it holds today.

Fund details

Fund size (average AUM, July - September 2026)	₹4,042 cr across all plans · this plan ₹3,738 cr
Fund house	HSBC Mutual Fund
Category	Debt · Short Duration
Plan	Direct
Option	Growth
Expense ratio (TER)	Direct 0.32% · Regular 0.70% (6 Nov 2026)
Minimum investment	₹5,000 · additional ₹1,000
Scheme code (AMFI)	151067
ISIN	INF917K01IQ4
NAV date	6 Nov 2026

Scheme details from the fund's scheme summary document filed with AMFI; expense ratios from AMFI's daily filings.

Other plans of this fund

Plan	NAV	1 year
Direct · Growth	₹11.7634	+0.19%
Direct · Growth	₹11.1020	-3.15%
Direct · Growth	₹12.2954	-3.60%
Regular · Growth	₹28.2384	+4.18%
Regular · Growth	₹11.0870	+0.16%
Regular · Growth	₹10.2481	-3.33%
Regular · Growth	₹28.2398	+4.18%
Regular · Growth	₹11.6945	-3.89%

Top Short Duration funds (direct plans)

Fund	1 year	3 years (a year)
Bandhan Short Term Fund	+5.68%	+7.68%
ICICI Prudential Short Term Fund	+5.55%	+7.68%
Mahindra Manulife Short Term Fund	+5.38%	+7.68%
Nippon India Short Term Fund	+4.90%	+7.61%
Aditya Birla Sun Life Short Term Fund	+4.96%	+7.57%
Baroda BNP Paribas Short Term Fund (the scheme has 2 segregated portfolios)	+4.95%	+7.44%
LIC MF Short Term Fund	+4.89%	+7.43%
HDFC Short Term Fund	+4.78%	+7.41%
HSBC Short Term Fund	+4.52%	+7.19%

All Short Duration funds ranked › · Compare with others ›

← All mutual funds

Information only, not investment advice.

What is the NAV of HSBC Short Term Fund - Direct Plan - Growth today?

₹30.0736 as of 6 Nov 2026, from AMFI's official NAV data.

What are the returns of HSBC Short Term Fund - Direct Plan - Growth?

1 year: 4.52%, 3 years: 7.19% a year

How does HSBC Short Term Fund rank in its category?

15 of 25 Short Duration funds (direct plans, growth option) by 1-year return.

What is the difference between direct and regular plans?

Both invest in the same portfolio. Direct plans are bought straight from the fund house and pay no distributor commission, so their expenses are lower and their NAV grows slightly faster.