HSBC Liquid Fund
HSBC Mutual Fund · Liquid · Regular plan, growth option
NAV (₹), 1 Oct 2026
2,810.9881
1-day change
0.02%
1Y return
6.4%
3Y CAGR
6.8%
5Y CAGR
6.3%
Max drawdown, 5Y
0.0%
NAV history month-end NAV, ₹ · 30 Dec 2012 to 4 Oct 2026
Returns vs Liquid median (48 schemes)
| Period | Scheme | Category median |
|---|---|---|
| 1 month | 0.4% | 0.4% |
| 3 months | 1.5% | 1.5% |
| 6 months | 3.2% | 3.2% |
| Year to date | 4.9% | 4.9% |
| 1 year | 6.4% | 6.4% |
| 3 years (CAGR) | 6.8% | 6.8% |
| 5 years (CAGR) | 6.3% | 6.2% |
| 7 years (CAGR) | 5.6% | 5.6% |
| 10 years (CAGR) | 6.0% | 6.0% |
| Since first NAV (CAGR) | 6.7% | – |
Rolling returns every business-day start date
| Measure | Scheme | Category median |
|---|---|---|
| 1Y rolling median | 7.0% | 7.0% |
| 3Y rolling median | 6.9% | 6.9% |
| 3Y rolling worst | 3.9% | 4.0% |
| 3Y periods positive | 100% | 100% |
| 3Y periods ahead of benchmark | n/a | n/a |
| 5Y rolling median | 5.8% | 6.9% |
| 5Y rolling worst | 5.1% | 5.1% |
| 5Y periods ahead of benchmark | n/a | n/a |
Benchmark: none available in MFIC's free data for this category.
Risk 36 months, monthly returns, Rf 6.5%
| Measure | Scheme | Category median |
|---|---|---|
| Standard deviation (ann.) | 0.3% | 0.3% |
| Sharpe ratio | 0.49 | 0.34 |
| Sortino ratio | 0.61 | 0.42 |
| Beta | n/a | n/a |
| Alpha (ann.) | n/a | n/a |
| Upside capture | n/a | n/a |
| Downside capture | n/a | n/a |
Drawdowns peak-to-trough falls in NAV
| Measure | Scheme | Category median |
|---|---|---|
| Maximum drawdown, full history | −0.3% | −0.2% |
| Maximum drawdown, last 10Y | −0.3% | −0.2% |
| Maximum drawdown, last 5Y | 0.0% | 0.0% |
| Current drawdown | 0.0% | 0.0% |
| Recovery time of worst fall | n/a | – |
Longer histories include more crises, so compare the 5Y and 10Y figures across schemes of different ages.
Fund managers and scheme facts Scheme Summary Document via AMFI
| Fund manager | Role | Managing since |
|---|---|---|
| Abhishek Iyer | Primary | 1 Apr 2025 |
| Rahul Totla | Primary | 1 Jan 2026 |
Objective: To provide reasonable returns, commensurate with low risk while providing a high level of liquidity, through a portfolio of money market and debt securities. However, there can be no assurance that the Scheme objective can be realised.
Stated asset allocation: Under normal circumstances, it is anticipated that the asset allocation of the Scheme will be as follows: - Debt Instruments and Money Market instruments (including cash and money at call) with residual maturity upto 91 days: 0% - 100% (Risk profile - Low to Medium)
Benchmark (tier 1): NIFTY Liquid Index A-I
Exit load: Exit Load : Following exit load shall be applicable for investors who exit (by way of redemption / switch-out / transfer) within 7 calendar days from the date of investment. Day 1 - 0.0070%, Day 2 - 0.0065%, Day 3 - 0.0060%, Day 4 - 0.0055%, Day 5 - 0.0050%, Day 6 - 0.0045%, Day 7 onwards - 0.0000% The holding period of 7 calendar days, for determination of applicability of exit load, shall be calculated from the value date [i.e., applicable Net Asset Value (NAV) date] of investment and not from the date of transaction. It may be noted that purchase transactions under systematic transactions…
Minimum application: For Growth Option : Rs. 5000; For Daily & Weekly IDCW Payout & Reinvestment Plan: Rs. 100000
Allotment date: 4 Dec 2002
Documents: Scheme Information Document · Scheme Summary Document. Read the scheme documents before investing.
Cost, size and riskometer as disclosed to AMFI
| Measure | Scheme | Category median |
|---|---|---|
| Expense ratio (TER), Regular plan | 0.22% | 0.26% |
| AUM, whole scheme (₹ crore) | 23,038 | 4,912 |
| Riskometer | Low to Moderate | – |
TER: AMFI, TER of MF Schemes. AUM and riskometer: AMFI, Fund Performance, 30 Sep 2026.
Official benchmark and category consistency
| Measure | Scheme | Benchmark / category |
|---|---|---|
| Return, 1 year (AMFI) | 6.4% | 6.4% TRI |
| Return, 3 years (AMFI) | 6.8% | 6.9% TRI |
| Return, 5 years (AMFI) | 6.3% | 6.4% TRI |
| Month-ends above category median (3Y CAGR) | 63% | 46% median |
| Month-ends in category top quartile (3Y) | 23% | 7% median |
| 7Y rolling CAGR, median (monthly windows) | 5.8% | 6.4% median |
Official benchmark: NIFTY Liquid Index A-I (total return index, as published by AMFI). Category consistency: last 10 years of month-ends, Liquid Regular plans; how it is calculated.
Calendar-year returns NAV change from 31 Dec to 31 Dec
| Year | Scheme | Benchmark | Difference |
|---|---|---|---|
| 2026 YTD | 4.9% | n/a | – |
| 2025 | 6.5% | n/a | – |
| 2024 | 7.3% | n/a | – |
| 2023 | 7.0% | n/a | – |
| 2022 | 4.8% | n/a | – |
| 2021 | 3.2% | n/a | – |
| 2020 | 4.0% | n/a | – |
| 2019 | 6.7% | n/a | – |
| 2018 | 7.4% | n/a | – |
| 2017 | 6.7% | n/a | – |
No free benchmark proxy for this category. The first year starts from the first 31 December in the scheme's history.
Monthly SIP of ₹10,000 first business day of each month, ending 1 Oct 2026
| Period | Invested | Value | XIRR |
|---|---|---|---|
| 1 year | ₹1,20,000 | ₹1,24,261 | 6.5% |
| 3 years | ₹3,60,000 | ₹3,98,235 | 6.6% |
| 5 years | ₹6,00,000 | ₹7,10,356 | 6.7% |
| 10 years | ₹12,00,000 | ₹16,35,073 | 6.0% |
Uses this plan's NAVs; ignores stamp duty, exit loads and taxes. One historical path only — the interactive SIP analyzer shows outcomes across every start date.
Scheme facts
AMC: HSBC Mutual Fund
Category: Liquid
Plan / option: Regular · Growth
AMFI scheme code: 118902
ISIN: INF336L01BN7
First NAV in MFIC data: 30 Dec 2012
History: 13.8 years
Portfolio holdings: see the scheme's monthly portfolio disclosure on the fund house website
Schemes that behaved similarly correlation of monthly returns, last 5 years
| Scheme | Category | Correlation | 3Y CAGR |
|---|---|---|---|
| BANDHAN LIQUID Fund | Liquid | 1.00 | 6.8% |
| Kotak Liquid Fund | Liquid | 1.00 | 6.8% |
| DSP Liquid Fund | Liquid | 1.00 | 6.9% |
| Nippon India Liquid Fund | Liquid | 1.00 | 6.8% |
| Tata Liquid Fund | Liquid | 1.00 | 6.8% |
| Bajaj Finserv Liquid Fund | Liquid | 1.00 | 6.8% |
Questions about HSBC Liquid Fund
- What is the latest NAV of HSBC Liquid Fund?
- The NAV of the Regular plan (growth option) was ₹2,810.9881 on 1 Oct 2026, as published by AMFI.
- Which category is HSBC Liquid Fund in?
- It is classified as Liquid in AMFI's daily NAV file; a Liquid scheme invests in securities maturing in up to 91 days. MFIC compares it with 48 Liquid schemes (Regular plans).
- What returns has HSBC Liquid Fund delivered?
- Over one year the NAV changed by 6.4%. The 3-year CAGR is 6.8% (category median 6.8%) and the 5-year CAGR is 6.3% (category median 6.2%). Returns are after expenses and before tax. Past performance may or may not be sustained in future.
- How consistent have its 3-year returns been?
- Measuring a 3-year CAGR from every business day in its history, the median was 6.9%, the lowest was 3.9%, and 100% of 3-year periods ended with a gain.
- What was the largest fall in HSBC Liquid Fund's NAV?
- The largest peak-to-trough fall in its available history was 0.3%; within the last five years it was 0.0% (category median 0.0%).
- How volatile is HSBC Liquid Fund?
- Its annualised standard deviation of monthly returns over the last 36 months is 0.3%, which is above the Liquid category median of 0.3%.
- What would a monthly SIP in HSBC Liquid Fund have grown to?
- A SIP of ₹10,000 on the first business day of each month for the last 5 years (60 instalments, ₹6,00,000 invested) would have been worth about ₹7,10,356 on 1 Oct 2026, an annualised return (XIRR) of 6.7%. This uses the Regular plan's NAVs, ignores taxes and exit loads, and past performance may or may not be sustained in future.
- What is the expense ratio (TER) of HSBC Liquid Fund?
- The total expense ratio of the Regular plan is 0.22% a year, as disclosed to AMFI (median of Liquid Regular plans: 0.26%). It is already deducted from the NAV, so every return shown is after expenses.
- How large is HSBC Liquid Fund?
- Assets under management of the whole scheme were ₹23,038 crore on 30 Sep 2026, as published by AMFI.
- What is the riskometer level of HSBC Liquid Fund?
- AMFI lists the scheme's riskometer as “Low to Moderate”, and its benchmark's as “Low to Moderate”. The riskometer is a label of potential risk set under SEBI rules, not a forecast.
- What is the benchmark of HSBC Liquid Fund and how has it compared?
- Its official benchmark is the NIFTY Liquid Index A-I. Over 3 years AMFI reports a return of 6.8% for this plan against 6.9% for the benchmark total return index; over 5 years 6.3% against 6.4%. Past performance does not indicate future results.
- How often has HSBC Liquid Fund beaten its category?
- At 63% of the 120 month-ends compared over the last 10 years, its 3-year return was above the median of Liquid schemes (Regular plans); it was in the top quarter at 23% of them. A typical scheme would show about 50%.
- Who manages HSBC Liquid Fund?
- According to its Scheme Summary Document, HSBC Liquid Fund is managed by Abhishek Iyer (since 1 Apr 2025), Rahul Totla (since 1 Jan 2026).
- What is the exit load of HSBC Liquid Fund?
- As stated in its scheme documents: Exit Load : Following exit load shall be applicable for investors who exit (by way of redemption / switch-out / transfer) within 7 calendar days from the date of investment. Day 1 - 0.0070%, Day 2 - 0.0065%, Day 3 - 0.0060%, Day 4 - 0.0055%, Day 5 - 0.0050%, Day 6 - 0.0045%, Day 7 onwards - 0.0000% The holding period of 7 calendar days, for determination of applicability of exit load, shall be calculated from the value date [i.e., applicable Net Asset Value (NAV) date] of investment and not from the date of transaction. It may be noted that purchase transactions under systematic transactions… Check the latest Scheme Information Document before investing, as loads can change.
- What is the minimum investment in HSBC Liquid Fund?
- The minimum application amount is For Growth Option : Rs. 5000; For Daily & Weekly IDCW Payout & Reinvestment Plan: Rs. 100000. SIP details: SIP - Daily / Weekly / Monthly - 500 / 500 / 1000 ; Quarterly - 1500; Minimum Aggregate Amount: Rs. 6,000/- in multiples of Re.1. STP - Daily/Weekly/Fortnightly/Monthly/Quarterly: Rs. 500; The minimum amount required under the source scheme for registering STP is Rs. 6,000. SWP - Monthly/Quarterly/Half-yearly/Annual: Rs. 1000; The minimum amount required under the scheme for registering SWP is Rs. 6,000..
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Data & disclosure. Source: AMFI daily NAV file and historical NAVs via mfapi.in; calculations by MFIC, as of 1 Oct 2026. Category medians use Regular plans in the same AMFI category. Mutual fund investments are subject to market risks; read all scheme-related documents carefully. Past performance may or may not be sustained in future. This page is for research and education only and is not investment advice or a recommendation to buy, sell or hold any scheme. Integrato Financial Services Pvt. Ltd. is an AMFI-registered Mutual Fund Distributor (ARN-173155). Methodology.