HSBC Medium Term Fund
HSBC Mutual Fund · Medium Duration · Direct plan, growth option
| Period | Scheme | Category median |
|---|---|---|
| 1 month | 0.0% | 0.0% |
| 3 months | 0.2% | 0.6% |
| 6 months | 2.9% | 3.8% |
| Year to date | 3.6% | 4.3% |
| 1 year | 5.1% | 5.8% |
| 3 years (CAGR) | 7.7% | 7.7% |
| 5 years (CAGR) | n/a | 6.7% |
| 7 years (CAGR) | n/a | 7.4% |
| 10 years (CAGR) | n/a | 7.4% |
| Since first NAV (CAGR) | 7.6% | – |
| Measure | Scheme | Category median |
|---|---|---|
| 1Y rolling median | 8.5% | 8.3% |
| 3Y rolling median | 8.0% | 7.8% |
| 3Y rolling worst | 7.5% | 5.3% |
| 3Y periods positive | 100% | 100% |
| 3Y periods ahead of benchmark | n/a | n/a |
| 5Y rolling median | n/a | 7.3% |
| 5Y rolling worst | n/a | 5.7% |
| 5Y periods ahead of benchmark | n/a | n/a |
Benchmark: none available in MFIC's free data for this category.
| Measure | Scheme | Category median |
|---|---|---|
| Standard deviation (ann.) | 1.7% | 1.7% |
| Sharpe ratio | 0.64 | 0.65 |
| Sortino ratio | 1.13 | 1.13 |
| Beta | n/a | n/a |
| Alpha (ann.) | n/a | n/a |
| Upside capture | n/a | n/a |
| Downside capture | n/a | n/a |
| Measure | Scheme | Category median |
|---|---|---|
| Maximum drawdown, full history | −0.6% | −5.3% |
| Maximum drawdown, last 10Y | n/a | −5.2% |
| Maximum drawdown, last 5Y | n/a | −1.7% |
| Current drawdown | −0.5% | −0.4% |
| Recovery time of worst fall | n/a | – |
Longer histories include more crises, so compare the 5Y and 10Y figures across schemes of different ages.
This scheme invests mainly in the market below, which is also close to how many of them are benchmarked. Where that market stands today:
Index levels and P/E: NSE daily index closing values; gold and silver: IBJA rates; returns: growth NAV of an index fund or ETF tracking the market (AMFI), so they are after that fund's costs. Context only: a market's level or valuation does not tell you how any scheme will perform. Explore all markets.
The Regular plan's expense ratio is 1.12% a year and the Direct plan's 0.41%, a gap of 0.71%; over the last 3 years the Direct plan returned 0.74 percentage points a year more. On a ₹25,000 monthly SIP for 20 years (illustration at 12% a year before costs) the gap adds up to about ₹17,87,552.
With the Regular plan, that cost pays a distributor to help you plan, choose and review funds, and stay invested when markets fall. Whether it is worth it depends on how much of that you will do yourself.
TER: AMFI TER disclosure. Returns: AMFI NAVs. Illustration, not a guaranteed saving or return.
| Fund manager | Role | Managing since |
|---|---|---|
| Shriram Ramanathan | Primary | 2 Feb 2015 |
Documents: Scheme Information Document · Scheme Summary Document. Read the scheme documents before investing.
| Measure | Scheme | Category median |
|---|---|---|
| Expense ratio (TER), Direct plan | 0.41% | 0.70% |
| AUM, whole scheme (₹ crore) | 670 | 1,244 |
| Riskometer | Moderately High | – |
TER: AMFI, TER of MF Schemes. AUM and riskometer: AMFI, Fund Performance, 30 Sep 2026.
| Measure | Scheme | Benchmark / category |
|---|---|---|
| Return, 1 year (AMFI) | 5.4% | 2.8% TRI |
| Return, 3 years (AMFI) | 7.7% | 6.4% TRI |
| Return, 5 years (AMFI) | 6.6% | 5.3% TRI |
Official benchmark: NIFTY Medium Duration Debt Index A-III (total return index, as published by AMFI). Category consistency: last 10 years of month-ends, Medium Duration Direct plans; how it is calculated.
| Year | Scheme | Benchmark | Difference |
|---|---|---|---|
| 2026 YTD | 3.6% | n/a | – |
| 2025 | 8.6% | n/a | – |
| 2024 | 9.0% | n/a | – |
| 2023 | 7.7% | n/a | – |
No free benchmark proxy for this category. The first year starts from the first 31 December in the scheme's history.
| Period | Invested | Value | XIRR |
|---|---|---|---|
| 1 year | ₹1,20,000 | ₹1,23,084 | 4.8% |
| 3 years | ₹3,60,000 | ₹3,99,170 | 6.8% |
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 | Category | Correlation | 3Y CAGR |
|---|---|---|---|
| Axis Medium Term Fund | Medium Duration | 0.98 | 8.3% |
| Nippon India Corporate Bond Fund | Corporate Bond | 0.98 | 7.5% |
| Nippon India Banking and PSU Debt Fund | Banking & PSU | 0.98 | 7.1% |
| Mirae Asset Short Term Fund | Short Duration | 0.98 | 7.3% |
| Sundaram Banking and PSU Debt Fund (Formerly Known as Sundaram Banking and PSU Fund) | Banking & PSU | 0.98 | 7.0% |
| Invesco India Corporate Bond Fund | Corporate Bond | 0.97 | 7.1% |
- What is the latest NAV of HSBC Medium Term Fund?
- The NAV of the Direct plan (growth option) was ₹23.8422 on 1 Oct 2026, as published by AMFI.
- Which category is HSBC Medium Term Fund in?
- It is classified as Medium Duration in AMFI's daily NAV file. MFIC compares it with 13 Medium Duration schemes (Direct plans).
- What returns has HSBC Medium Term Fund delivered?
- Over one year the NAV changed by 5.1%. The 3-year CAGR is 7.7% (category median 7.7%). 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 8.0%, the lowest was 7.5%, and 100% of 3-year periods ended with a gain.
- What was the largest fall in HSBC Medium Term Fund's NAV?
- The largest peak-to-trough fall in its available history was 0.6%.
- How volatile is HSBC Medium Term Fund?
- Its annualised standard deviation of monthly returns over the last 36 months is 1.7%, which is below the Medium Duration category median of 1.7%.
- What would a monthly SIP in HSBC Medium Term Fund have grown to?
- A SIP of ₹10,000 on the first business day of each month for the last 3 years (36 instalments, ₹3,60,000 invested) would have been worth about ₹3,99,170 on 1 Oct 2026, an annualised return (XIRR) of 6.8%. This uses the Direct 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 Medium Term Fund?
- The total expense ratio of the Direct plan is 0.41% a year, as disclosed to AMFI (median of Medium Duration Direct plans: 0.70%). It is already deducted from the NAV, so every return shown is after expenses.
- How large is HSBC Medium Term Fund?
- Assets under management of the whole scheme were ₹670 crore on 30 Sep 2026, as published by AMFI.
- What is the riskometer level of HSBC Medium Term Fund?
- AMFI lists the scheme's riskometer as “Moderately High”, and its benchmark's as “Moderate”. The riskometer is a label of potential risk set under SEBI rules, not a forecast.
- What is the benchmark of HSBC Medium Term Fund and how has it compared?
- Its official benchmark is the NIFTY Medium Duration Debt Index A-III. Over 3 years AMFI reports a return of 7.7% for this plan against 6.4% for the benchmark total return index; over 5 years 6.6% against 5.3%. Past performance does not indicate future results.
- Who manages HSBC Medium Term Fund?
- According to its Scheme Summary Document, HSBC Medium Term Fund is managed by Shriram Ramanathan (since 2 Feb 2015).
- What is the minimum investment in HSBC Medium Term Fund?
- The minimum application amount is ₹5,000. SIP details: SIP - 500 Daily 6; 500 Weekly 6; 1000 Monthly 6; 1500 Quarterly 4; Minimum Aggregate Amount: Rs. 6,000/- in multiples of Re.1. SWP - 500 STP - 500;The minimum amount required under the source scheme for registering STP is Rs. 6,000..
- What is the difference between the Direct and Regular plans?
- Both plans hold the same portfolio; the Regular plan includes distribution costs in its expense ratio. Over one year the Direct plan's NAV changed by 5.1% and the Regular plan's by 4.4%. The Regular plan includes the services of a distributor.
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