HSBC Liquid Fund Direct-Growth

Q: What are the returns of HSBC Liquid Fund?

The HSBC Liquid Fund is a 12 yrs 3 m old fund and has delivered average annual returns of 6.87% since inception. HSBC Liquid Fund Returns 1-Year 3-Year 5-Year 10-Year Since Inception 7.37% 6.91% 5.52% 6.35% 6.87%

NAV as of Apr 23, 2025	Returns since inception	ET Money Rank	VRO Ratings
₹2596.8261+0.02% 1 day change	6.87% p.a.	#NA View Ranked Funds	3

Historical NAV & returns

NAV: ₹2596.8261 as on Apr 23, 2025

This fund Category average

HSBC Liquid Fund overview

VRO rating	3
Expense ratio	0.12% as on Mar 31, 2025
Exit load	0.007% Exit load of 0.0070% if redeemed within 1 day, 0.0065% if redeemed within 2 days, 0.0060% if redeemed within 3 days, 0.0055% if redeemed within 4 days, 0.0050% if redeemed within 5 days, 0.0045% if redeemed within 6 days.!
AUM (Fund size)	₹14,211 Crs
Lock-in	No Lockin
Age	12 yrs 3 m since Jan 01, 2013
Benchmark	NIFTY Liquid Index A-I
Min. investment	SIP ₹1000 & Lump. ₹5000
Risk	Low to Moderate
Tax on your gains	Profits are added to your income and taxed as per your slab rate

HSBC Liquid Fund Returns calculator

Investment type

Monthly investment

₹ 10,000

Investment period

Lumpsum investment

₹1 lakh

Investment period

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.

Total investment ₹ 12 lakh
Profit ₹12 lakhs
Total corpus ₹1 lakh
Absolute return 52.69%

Trailing returns as on Apr 24, 2025

Period	This fund	Category average
1 month	0.71%	0.69%
3 months	1.86%	1.84%
6 months	3.66%	3.62%
1 year	7.37%	7.31%
3 years	6.91%	6.84%
5 years	5.52%	5.47%
7 years	5.9%	5.85%
10 years	6.35%	6.31%

Asset allocationas on Mar 31, 2025

Large Cap 0.0%

Mid Cap 0.0%

Small Cap 0.0%

Other Cap 0.0%

Top holdings

Bifurcation by Holding is not available for this fund

Top sectors

Bifurcation by Sector is not available for this fund

A1+ 97.48%

SOV 24.26%

Others 0.3%

Cash & Call Money -22.04%

Top Debt Holdings

Reserve Bank of India 24.26%

Bank Of Baroda 7.67%

Reliance Retail Ventures Ltd. 6.96%

National Bank For Agriculture & Rural Development 5.55%

Allocation by Instruments

Commercial Paper 61.419999999999995%

Certificate of Deposit 36.059999999999995%

Treasury Bills 24.26%

Alternative Investment Fund 0.3%

Other Holdings

Others 0.3%

Peer comparison

Fund name	ETM Rank	AUM (in Crs.)	Fund age	Expense ratio
HSBC Liquid Fund	N.A.	₹14,211 Crs	12 yrs 3 m	0.12%
Mirae Asset Liquid Fund	N.A.	₹8,684 Crs	12 yrs 3 m	0.09%
Sundaram Liquid Fund	N.A.	₹5,477 Crs	12 yrs 3 m	0.13%
JM Liquid Fund	N.A.	₹2,806 Crs	12 yrs 3 m	0.16%
Navi Liquid Fund	N.A.	₹63 Crs	12 yrs 3 m	0.15%
Mahindra Manulife Liquid Fund	N.A.	₹1,026 Crs	8 yrs 9 m	0.15%

Fund name	1M	6M	1Y	3Y	5Y	10Y
HSBC Liquid Fund	0.71%	3.66%	7.37%	6.91%	5.52%	6.35%
Mirae Asset Liquid Fund	0.7%	3.65%	7.38%	6.91%	5.54%	6.31%
Sundaram Liquid Fund	0.71%	3.7%	7.43%	6.93%	5.54%	6.27%
JM Liquid Fund	0.68%	3.6%	7.27%	6.84%	5.47%	6.35%
Navi Liquid Fund	0.56%	3.38%	6.9%	6.58%	5.32%	6.24%
Mahindra Manulife Liquid Fund	0.69%	3.65%	7.38%	6.94%	5.58%	5.43%

Fund name	Std. deviation	Beta	Sharpe	Sortino
HSBC Liquid Fund	0.31	0.65	1.5	1.53
Mirae Asset Liquid Fund	0.3	0.64	1.55	1.57
Sundaram Liquid Fund	0.3	0.64	1.58	1.6
JM Liquid Fund	0.29	0.61	1.41	1.37
Navi Liquid Fund	0.24	0.51	0.81	0.83
Mahindra Manulife Liquid Fund	0.29	0.63	1.7	1.67

View all Liquid funds

Key risk & return ratios Compared to other funds in the category

Alpha	1.81 vs. 2.93 Underperformed at beating benchmark
Sharpe	1.5 vs. 2.95 Poor risk-adjusted returns
Beta	0.65 vs. 0.92 Less sensitive to market ups & downs
Standard deviation	0.31 vs. 0.28 More volatile performance

Compare HSBC Liquid Fund in detail with

About this fund

About HSBC Liquid Fund

HSBC Liquid Fund Direct-Growth is a Liquid mutual fund scheme from Hsbc Mutual Fund. This fund has been in existence for 12 yrs 3 m, having been launched on 01/01/2013. HSBC Liquid Fund Direct-Growth has ₹14,211 Crores worth of assets under management (AUM) as on 31/03/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of HSBC Liquid Fund Direct-Growth as of 23/04/2025 is ₹2596.83. The fund has an expense ratio of 0.12%, which is close to what most other Liquid funds charge.

HSBC Liquid Fund Direct-Growth returns of last 1-year are 7.39%. Since launch, it has delivered 6.87% average annual returns. The fund has doubled the money invested in it every 11 yrs.
HSBC Liquid Fund Direct-Growth scheme's ability to deliver returns consistently is in-line with most funds of its category. Its ability to control losses in a falling market is above average.
The fund's credit profile is very high indicating it has lent to borrowers whose quality is excellent. Most funds in this category lend to similar borrowers and hence the risk of default in this fund is same as the category.
The fund's top holdings are in Reserve Bank of India, Bank Of Baroda, Reliance Retail Ventures Ltd., National Bank For Agriculture & Rural Development, Punjab National Bank.

...

Fund AUM	₹14,211 Crs as on Mar 31, 2025
Scheme document	View Scheme Document

Fund managers

Mahesh A Chhabria

Mr. Chhabria is a Commerce Graduate and has also pursued FCA and CFA. Prior to joining HSBC MF, he has worked with L&T AMC, Edelweiss Securities Ltd, Darivium Traditions Pvt. Ltd. and FIL Fund Management Pvt. Ltd.

Abhishek Iyer

Mr. Iyer is a B. Com, Master in Finance management, Master of Arts (MA) Economics Prior to joining Mirae Asset Mutual Fund, he has worked with IDBI Mutual Fund, IIFL Mutual Fund, L&T Mutual Fund and Sahara Mutual Fund.

Investment objective

The scheme aims to provide reasonable returns, commensurate with low risk while providing a high level of liquidity, through a portfolio of money market and debt securities.

HSBC Mutual Fund details

No. of schemes	42 view all schemes
Total AUM	₹1,24,514 Crs as on Mar 31, 2025
Address	9-11th Floor, NESCO - IT Park Bldg. 3, Western Express Highway, Goregaon East, Mumbai, 400063

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HSBC Gilt Fund	N.A.	₹251 Crs	12.7%	8.56%
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HSBC Medium Duration Fund	N.A.	₹658 Crs	10.77%	8.01%
HSBC Medium to Long Duration Fund	N.A.	₹49 Crs	11.75%	7.72%
HSBC CRISIL IBX 50:50 Gilt Plus SDL Apr 2028 Index Fund	N.A.	₹1,894 Crs	9.97%	7.49%
HSBC Corporate Bond Fund	N.A.	₹5,808 Crs	9.96%	7.4%

See all Debt funds from this AMC

Frequently asked questions

What is the current NAV of HSBC Liquid Fund?

The current Net Asset Value (NAV) of the HSBC Liquid Fund - Direct Growth plan is approximately ₹2596.8261 as of Apr 23, 2025.

What are the returns of this mutual fund scheme?

The HSBC Liquid Fund is a 12 yrs 3 m old fund and has delivered average annual returns of 6.87% since inception.

HSBC Liquid Fund Returns

1-Year	3-Year	5-Year	10-Year	Since Inception
7.37%	6.91%	5.52%	6.35%	6.87%

How much does this mutual fund charge as expense ratio?

The HSBC Liquid Fund - Direct Growth has an expense ratio of 0.12%, which reflects the fund's management and operating costs. This percentage is subtracted from the fund's annual returns, impacting net returns for investors.

What is the AUM or fund size of this mutual fund?

The HSBC Liquid Fund currently has assets under management (AUM) or fund size valued at approximately ₹14,211 Crs crore as of Mar 31, 2025.

To whom does HSBC Liquid Fund lend to?

The top 3 debt holdings of HSBC Liquid Fund are as follows

Holding Name	Percentage of Portfolio
Reserve Bank of India	24.26%
Bank Of Baroda	7.67%
Reliance Retail Ventures Ltd.	6.96%

What is the quality of borrowers this mutual fund scheme lends to?

The credit rating of the instruments in which the fund invests represents the quality of the borrower.

The HSBC Liquid Fund allocation by credit quality is given below

Credit Quality	Percentage of Portfolio
A1+	97.48%
SOV	24.26%
Others	0.3%

What is risk level of HSBC Liquid Fund?

This is a Liquid fund comes with Low to Moderate risk.

Is there any lock-in period in this mutual fund?

No, this fund does not have any lock-in period.

How do I invest in HSBC Liquid Fund?

It is very fast, easy, and completely paperless in this mutual fund scheme on ET Money. It is just a matter of a few minutes. Here's how:

For the Desktop Version:

Click on the "Invest Now" button at the top right, then scan the QR code to download the app.

For the Mobile Version:

Click on the "Invest on App" button at the bottom to download the app.
Once the app is downloaded:
Sign-up and complete your one time KYC process, or log in if you're already registered.
Search for HSBC Liquid Fund and choose the investment mode (Lump sum investment or a SIP). Then, enter your investment amount.
Fill in additional required details, including the bank account you'll use for payment, and confirm.

All set! Your investment in HSBC Liquid Fund is complete.

How can I redeem my investments in HSBC Liquid Fund?

Redeeming your investments in HSBC Liquid Fund is super easy. If you have invested in this fund via ET Money, just login into the app, go to the investment section and put the redemption request.

If you have invested in HSBC Liquid Fund from anywhere else, you can go to the fund house website and put a request through it.

ET Money rank

in Liquid

#NA

Return/Risk: The fund is performing poorly than its category.
Exit Load: Exit load of 0.0070% if redeemed within 1 day, 0.0065% if redeemed within 2 days, 0.0060% if redeemed within 3 days, 0.0055% if redeemed within 4 days, 0.0050% if redeemed within 5 days, 0.0045% if redeemed within 6 days.