MF Gyan
debtLow risk4 years oldSteady vs its 3-year pace

HSBC Gilt Fund - Direct Plan - Growth

Invests in bonds and loans. Lower returns than equity but much less bumpy — often used for shorter goals. From HSBC Mutual Fund. It's been running since 28 Nov 2022.

Latest price per unit
₹77.4058
▲ 0.02% today
As of 4 Sep 2026 · updated once each business day

What ₹1 lakh would have become

Based on past returns
Invested 1 year ago
₹1.03 L
▲ ₹3.0k gain · 3.0% / year
Invested 3 years ago
₹1.19 L
▲ ₹19.3k gain · 6.1% / 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₹1.92 L
Gain / loss+₹12.1k
XIRR (annualised)4.48%
Looking forward · hypothetical
You would invest₹1.80 L
Would become*₹1.93 L
Projected gain*+₹13.0k
*at this fund's historical rate of 4.48% 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 26 other funds in Income/Debt Oriented Schemes - Gilt Fund

Same plan
1-year return
2.97%median 2.43% (+0.54%)
Rank #13 of 27Beats 54% of peers
3-year return
6.06%median 5.19% (+0.87%)
Rank #8 of 27Beats 70% of peers
Bumpiness (3Y)
3.11%median 3.62% (-0.52%)
Rank #6 of 27Less risky than 81% of peers
Worst-ever drop
-3.58%median -10.81% (+7.23%)
Rank #26 of 27Less risky than 4% 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. 5 of last 5 years were positive.

+0%
2022
+7%
2023
+10%
2024
+5%
2025
+2%
2026
Best year
2024 · 9.64%
Worst year
2022 · 0.23%

Price over time

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

Bumpiness & worst drops

Day-to-day bumpiness
3.1%

The value swings roughly 3% up or down in a typical year. Finance-speak calls this volatility.

Worst drop ever
-3.58%

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 - Direct Plan - Growth against other debt funds.

Technical details (for the pros)
CAGR — 1 year2.97%
CAGR — 3 years6.06%
CAGR — 5 years—
CAGR — since launch6.08%
Volatility — 1 year (annualised)3.38%
Volatility — 3 years (annualised)3.11%
Max drawdown — 1 year-2.77%
Max drawdown — 3 years-3.58%
Sharpe ratio — 1 year (rf=6%)-0.87
Sharpe ratio — 3 years (rf=6%)0.04

Fund info

Fund house
HSBC Mutual Fund
Category
Income/Debt Oriented Schemes - Gilt Fund
Plan
Direct
Option
Growth
ISIN (Growth)
INF917K01FI7
ISIN (Div re-invest)
—
Fund code
151014
First price on record
28 Nov 2022 · 915 daily prices

About HSBC Gilt Fund - Direct Plan - Growth

HSBC Gilt Fund - Direct Plan - Growth is a Income/Debt Oriented Schemes - Gilt Fund offered by HSBC Mutual Fund under the Direct plan with the Growth option. It has approximately 4 years of NAV track record. The fund falls in the debt category — Invests in bonds and loans. Lower returns than equity but much less bumpy — often used for shorter goals.

The current NAV of HSBC Gilt Fund - Direct Plan - Growth is ₹77.4058 (as of 4 Sep 2026). Historically, it has delivered 2.97% over the last year, 6.06% 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 3.1% annualised volatility — a "low" level of bumpiness; its deepest peak-to-trough fall on record was 3.6%. 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 - Direct Plan - Growth?+

The latest NAV of HSBC Gilt Fund - Direct Plan - Growth is ₹77.4058 as of 4 Sep 2026, up 0.02% from the previous day. NAV is updated once a business day after the market close.

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

HSBC Gilt Fund - Direct Plan - Growth has delivered 1-year return 2.97%, 3-year CAGR 6.06%, since-inception CAGR 6.08%. Returns are historical and don't predict future performance — markets move in cycles.

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

HSBC Gilt Fund - Direct Plan - Growth is categorised as Income/Debt Oriented Schemes - Gilt Fund. Invests in bonds and loans. Lower returns than equity but much less bumpy — often used for shorter goals.

How risky is HSBC Gilt Fund - Direct Plan - Growth?+

Based on its 3-year annualised volatility of 3.1%, HSBC Gilt Fund - Direct Plan - Growth 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 - Direct Plan - Growth a direct plan?+

HSBC Gilt Fund - Direct Plan - Growth 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 - Direct Plan - Growth?+

HSBC Gilt Fund - Direct Plan - Growth has NAV history available from 28 Nov 2022 — approximately 4 years of track record and 915 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.