MF Gyan
otherLow risk13 years old

HSBC Gilt Fund - Growth Direct

A specialised fund. Check the scheme details for what it invests in. From HSBC Mutual Fund. It's been running since 13 May 2013.

Latest price per unit
₹18.7551
▼ 0.27% today
As of 1 Dec 2015 · updated once each business day

What ₹1 lakh would have become

Based on past returns
Invested 1 year ago
₹1.08 L
▲ ₹8.2k gain · 8.2% / year

These are calculations from the fund's past prices, not a prediction. Real future returns can and often do differ.

SIP simulator

Play with a monthly investment

Slide the amount and switch the duration. Left column uses real past prices. Right column projects forward using this fund's historical rate — a calculation, not a prediction.

₹5.0k
Looking back · real
You would have invested₹60.0k
Value today₹61.5k
Gain / loss+₹1.5k
XIRR (annualised)5.67%
Looking forward · hypothetical
You would invest₹60.0k
Would become*₹61.9k
Projected gain*+₹1.9k
*at this fund's historical rate of 5.67% per year. Actual future returns can be different — sometimes very different.
Value Cumulative invested
Reality check. The backward SIP is real math on real past NAVs. The forward projection assumes the fund keeps up its historical rate — which rarely happens exactly. Past performance is not a promise. MF Gyan does not recommend any specific investment.
How it compares to peers

Vs 500 other funds in Income

Same plan
1-year return
8.20%median 4.48% (+3.71%)
Rank #141 of 501Beats 68% of peers
Bumpiness (3Y)
5.10%median 4.87% (+0.23%)
Rank #251 of 501Less risky than 49% of peers
Worst-ever drop
-8.68%median -6.75% (-1.93%)
Rank #218 of 501Less risky than 57% of peers

Descriptive rankings within the same category and plan. Not a recommendation — one fund beating another historically does not mean it will continue to do so.

Year by year

Calendar-year returns. 2 of last 3 years were positive.

-2%
2013
+15%
2014
+6%
2015
Best year
2014 · 15.45%
Worst year
2013 · -2.49%

Price over time

How the per-unit price has moved. Tap a range to zoom in.

Bumpiness & worst drops

Day-to-day bumpiness
5.1%

The value swings roughly 5% up or down in a typical year. Finance-speak calls this volatility.

Worst drop ever
-8.68%

A lump sum invested at the previous peak would have temporarily lost about this much before recovering. Finance-speak calls this max drawdown.

Similar funds you might want to look at

Same category, same plan, sorted by 3-year return. Not recommendations — just neighbours.

Head-to-head comparisons

Side-by-side comparisons of HSBC Gilt Fund - Growth Direct against other other funds.

Technical details (for the pros)
CAGR — 1 year8.20%
CAGR — 3 years—
CAGR — 5 years—
CAGR — since launch7.17%
Volatility — 1 year (annualised)3.48%
Volatility — 3 years (annualised)5.10%
Max drawdown — 1 year-2.28%
Max drawdown — 3 years-8.68%
Sharpe ratio — 1 year (rf=6%)0.69
Sharpe ratio — 3 years (rf=6%)0.26

Fund info

Fund house
HSBC Mutual Fund
Category
Income
Plan
Direct
Option
Growth
ISIN (Growth)
—
ISIN (Div re-invest)
—
Fund code
120057
First price on record
13 May 2013 · 608 daily prices

About HSBC Gilt Fund - Growth Direct

HSBC Gilt Fund - Growth Direct is a Income offered by HSBC Mutual Fund under the Direct plan with the Growth option. It has approximately 13 years of NAV track record. The fund falls in the other category — A specialised fund. Check the scheme details for what it invests in.

The current NAV of HSBC Gilt Fund - Growth Direct is ₹18.7551 (as of 1 Dec 2015). Historically, it has delivered 8.19% over the last year. Returns are historical and don't predict future performance.

Over the last three years, the fund's prices have moved with 5.1% annualised volatility — a "low" level of bumpiness; its deepest peak-to-trough fall on record was 8.7%. Being mentally prepared for drawdowns of this size is what separates long-term investors from reactive traders.

Frequently asked

What is the latest NAV of HSBC Gilt Fund - Growth Direct?+

The latest NAV of HSBC Gilt Fund - Growth Direct is ₹18.7551 as of 1 Dec 2015, down 0.27% from the previous day. NAV is updated once a business day after the market close.

What are the returns of HSBC Gilt Fund - Growth Direct?+

HSBC Gilt Fund - Growth Direct has delivered 1-year return 8.19%, since-inception CAGR 7.17%. Returns are historical and don't predict future performance — markets move in cycles.

What category does HSBC Gilt Fund - Growth Direct belong to?+

HSBC Gilt Fund - Growth Direct is categorised as Income. A specialised fund. Check the scheme details for what it invests in.

How risky is HSBC Gilt Fund - Growth Direct?+

Based on its 3-year annualised volatility of 5.1%, HSBC Gilt Fund - Growth Direct sits in the "low" risk bucket. Volatility measures how much prices swing — higher means bigger ups and downs along the way.

Is HSBC Gilt Fund - Growth Direct a direct plan?+

HSBC Gilt Fund - Growth Direct is a Direct plan (no distributor commission — lower expense ratio) with the Growth option (all returns compound within the fund, no interim payouts).

How old is HSBC Gilt Fund - Growth Direct?+

HSBC Gilt Fund - Growth Direct has NAV history available from 13 May 2013 — approximately 13 years of track record and 608 daily NAV observations.

Numbers are computed from stored daily prices from mfapi.in/AMFI. This is descriptive analytics, not investment advice. Past performance is not indicative of future returns.