MF Gyan
otherLow risk13 years oldSteady vs its 3-year pace

HSBC Fixed Term Series 98 - Direct Plan Growth Option

A specialised fund. Check the scheme details for what it invests in. From HSBC Mutual Fund. It's been running since 21 Oct 2013.

Latest price per unit
₹12.9319
▲ 0.00% today
As of 26 Oct 2016 · updated once each business day

What ₹1 lakh would have become

Based on past returns
Invested 1 year ago
₹1.08 L
▲ ₹7.8k gain · 7.8% / year
Invested 3 years ago
₹1.29 L
▲ ₹28.9k gain · 8.8% / 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₹1.80 L
Value today₹2.05 L
Gain / loss+₹24.5k
XIRR (annualised)8.56%
Looking forward · hypothetical
You would invest₹1.80 L
Would become*₹2.06 L
Projected gain*+₹25.8k
*at this fund's historical rate of 8.56% 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 361 other funds in 1

Same plan
1-year return
7.78%median 8.27% (-0.49%)
Rank #165 of 362Beats 23% of peers
3-year return
8.84%median 8.27% (+0.57%)
Rank #25 of 362Beats 77% of peers
Bumpiness (3Y)
0.53%median 2.96% (-2.43%)
Rank #13 of 362Less risky than 76% of peers
Worst-ever drop
-0.17%median 0.00% (-0.17%)
Rank #43 of 362Less risky than 84% 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. 4 of last 4 years were positive.

+1%
2013
+10%
2014
+9%
2015
+6%
2016
Best year
2014 · 9.68%
Worst year
2013 · 1.47%

Price over time

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

Bumpiness & worst drops

Day-to-day bumpiness
0.5%

The value swings roughly 1% up or down in a typical year. Finance-speak calls this volatility.

Worst drop ever
-0.17%

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 Fixed Term Series 98 - Direct Plan Growth Option against other other funds.

Technical details (for the pros)
CAGR — 1 year7.78%
CAGR — 3 years8.84%
CAGR — 5 years—
CAGR — since launch8.84%
Volatility — 1 year (annualised)0.40%
Volatility — 3 years (annualised)0.53%
Max drawdown — 1 year-0.02%
Max drawdown — 3 years-0.17%
Sharpe ratio — 1 year (rf=6%)4.73
Sharpe ratio — 3 years (rf=6%)5.49

Fund info

Fund house
HSBC Mutual Fund
Category
1
Plan
Direct
Option
Growth
ISIN (Growth)
—
ISIN (Div re-invest)
—
Fund code
124994
First price on record
21 Oct 2013 · 722 daily prices

About HSBC Fixed Term Series 98 - Direct Plan Growth Option

HSBC Fixed Term Series 98 - Direct Plan Growth Option is a 1 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 Fixed Term Series 98 - Direct Plan Growth Option is ₹12.9319 (as of 26 Oct 2016). Historically, it has delivered 7.80% over the last year, 8.84% CAGR over 3 years. Returns are historical and don't predict future performance.

Over the last three years, the fund's prices have moved with 0.5% annualised volatility — a "low" level of bumpiness; its deepest peak-to-trough fall on record was 0.2%. 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 Fixed Term Series 98 - Direct Plan Growth Option?+

The latest NAV of HSBC Fixed Term Series 98 - Direct Plan Growth Option is ₹12.9319 as of 26 Oct 2016, up 0.00% from the previous day. NAV is updated once a business day after the market close.

What are the returns of HSBC Fixed Term Series 98 - Direct Plan Growth Option?+

HSBC Fixed Term Series 98 - Direct Plan Growth Option has delivered 1-year return 7.80%, 3-year CAGR 8.84%, since-inception CAGR 8.84%. Returns are historical and don't predict future performance — markets move in cycles.

What category does HSBC Fixed Term Series 98 - Direct Plan Growth Option belong to?+

HSBC Fixed Term Series 98 - Direct Plan Growth Option is categorised as 1. A specialised fund. Check the scheme details for what it invests in.

How risky is HSBC Fixed Term Series 98 - Direct Plan Growth Option?+

Based on its 3-year annualised volatility of 0.5%, HSBC Fixed Term Series 98 - Direct Plan Growth Option sits in the "low" risk bucket. Volatility measures how much prices swing — higher means bigger ups and downs along the way.

Is HSBC Fixed Term Series 98 - Direct Plan Growth Option a direct plan?+

HSBC Fixed Term Series 98 - Direct Plan Growth Option 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 Fixed Term Series 98 - Direct Plan Growth Option?+

HSBC Fixed Term Series 98 - Direct Plan Growth Option has NAV history available from 21 Oct 2013 — approximately 13 years of track record and 722 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.