HSBC Liquid Fund Regular-Growth

Q: What are the returns of HSBC Liquid Fund?

The HSBC Liquid Fund is a 21 yrs 3 m old fund and has delivered average annual returns of 4.65% since inception. HSBC Liquid Fund Returns 1-Year 3-Year 5-Year 10-Year Since Inception 6.9% 6.99% 5.59% 6.18% 4.65%

NAV as of Sep 03, 2025	Returns since inception	ET Money Rank	AUM (Fund size)
₹2629.5637+0.01% 1 day change	4.65% p.a.	App exclusive #NA View Ranked Funds	₹21,894 Cr

Historical NAV & returns

NAV: ₹2629.5637 as on Sep 03, 2025

This fund Category average

HSBC Liquid Fund overview

Expense ratio	0.22% as on Aug 31, 2025
Plan type	Regular
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)	₹21,894 Cr
Lock-in Period	Nil
Age	21 yrs 3 m since Jun 01, 2004
Benchmark	NIFTY Liquid Index A-I
Min. investment	SIP: ₹1000 & Lumpsum: ₹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 Sep 04, 2025

Period	This fund	Category average
1 Month	0.45%	0.45%
3 Months	1.44%	1.43%
6 Months	3.3%	3.24%
1 Year	6.9%	6.81%
2 Years	7.11%	7.03%
3 Years	6.99%	6.9%
4 Years	6.2%	6.14%
5 Years	5.59%	5.54%
7 Years	5.73%	5.67%
10 Years	6.18%	6.14%

Asset allocationas on May 31, 2025

Large Cap 0%

Mid Cap 0%

Small Cap 0%

Other Cap 0%

Top holdings

Bifurcation by Holding is not available for this fund

Top sectors

Bifurcation by Sector is not available for this fund

A1+ 78.53%

SOV 17.7%

Cash & Call Money 3.57%

Others 0.2%

Top Debt Holdings

Reserve Bank of India 17.7%

Bank Of Baroda 6.91%

Punjab National Bank 6.09%

Small Industries Devp. Bank of India Ltd. 5.41%

Allocation by Instruments

Bifurcation by Instrument is not available for this fund

Other Holdings

Others 0.2%

Detailed portfolio analysis

Peer comparison

Fund name	ETM Rank	AUM	Fund age	Expense ratio
HSBC Liquid Fund	N.A.	21,894 Cr	21 yrs 3 m	0.22%
Mirae Asset Liquid Fund	N.A.	14,285 Cr	16 yrs 8 m	0.19%
Mahindra Manulife Liquid Fund	N.A.	1,198 Cr	9 yrs 2 m	0.26%
Sundaram Liquid Fund	N.A.	6,288 Cr	21 yrs	0.32%
JM Liquid Fund	N.A.	2,196 Cr	27 yrs 8 m	0.26%
Quant Liquid Fund	N.A.	1,679 Cr	19 yrs 11 m	0.52%

Fund name	1M	6M	1Y	3Y	5Y	10Y
HSBC Liquid Fund	0.45%	3.3%	6.9%	6.99%	5.59%	6.18%
Mirae Asset Liquid Fund	0.45%	3.28%	6.88%	6.98%	5.61%	6.11%
Mahindra Manulife Liquid Fund	0.45%	3.27%	6.88%	7.0%	5.62%	5.55%
Sundaram Liquid Fund	0.45%	3.26%	6.82%	6.94%	5.58%	6.08%
JM Liquid Fund	0.45%	3.23%	6.8%	6.9%	5.56%	6.18%
Quant Liquid Fund	0.44%	3.13%	6.71%	6.7%	5.67%	6.34%

Fund name	Std. deviation	Beta	Sharpe	Sortino
HSBC Liquid Fund	0.18	0.37	2.45	3.14
Mirae Asset Liquid Fund	0.18	0.37	2.45	3.07
Mahindra Manulife Liquid Fund	0.17	0.34	2.73	3.23
Sundaram Liquid Fund	0.18	0.35	2.28	3.04
JM Liquid Fund	0.16	0.33	2.34	2.77
Quant Liquid Fund	0.17	0.32	1.07	1.38

View all Liquid funds

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

Alpha	1.14 vs. 2.92 Underperformed at beating benchmark
Sharpe	2.45 vs. 2.73 Poor risk-adjusted returns
Beta	0.37 vs. 0.85 Less sensitive to market ups & downs
Standard deviation	0.18 vs. 0.16 More volatile performance

Compare HSBC Liquid Fund in detail with

About this fund

About HSBC Liquid Fund

HSBC Liquid Fund Regular-Growth is a Liquid mutual fund scheme from Hsbc Mutual Fund. This fund has been in existence for 21 yrs 3 m, having been launched on 01/06/2004. HSBC Liquid Fund Regular-Growth has ₹21,894 Crores worth of assets under management (AUM) as on 31/05/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of HSBC Liquid Fund Regular-Growth as of 03/09/2025 is ₹2629.56. The fund has an expense ratio of 0.22%, which is close to what most other Liquid funds charge.

HSBC Liquid Fund Regular-Growth returns of last 1-year are 6.92%. Since launch, it has delivered 7.04% average annual returns. The fund has doubled the money invested in it every 12 yrs.
HSBC Liquid Fund Regular-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 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 better borrowers and hence the risk of default in this fund is higher than the category.
The fund's top holdings are in Reserve Bank of India, Bank Of Baroda, Punjab National Bank, Small Industries Devp. Bank of India Ltd., Reliance Retail Ventures Ltd..

...

Fund AUM	21,894 Cr as on May 31, 2025
Scheme document	View Scheme Document

Fund managers

Shriram Ramanathan

Shriram is a B.E. (Electrical), PGDBM from XLRI Jamshedpur and CFA. Prior to joining HSBC Mutual Fund, he has worked with L&T MF, FIL Fund Management Pvt. Ltd., ING Investment Management, Zurich Asset Management Co., ICICI Ltd., and L&T Ltd.

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.

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	44 view all schemes
Total AUM	1,29,985 Cr as on Jun 30, 2025
Address	9-11th Floor, NESCO - IT Park Bldg. 3, Western Express Highway, Goregaon East, Mumbai, 400063

More funds from HSBC Mutual Fund

Fund name	ETM Rank	AUM	1Y	3Y
HSBC Credit Risk Fund	N.A.	657 Cr	20.56%	10.99%
HSBC Corporate Bond Fund	N.A.	5,895 Cr	8.29%	7.23%
HSBC Money Market Fund	N.A.	3,247 Cr	7.69%	7.16%
HSBC Ultra Short Duration Fund	N.A.	2,736 Cr	7.34%	7.1%
HSBC Short Duration Fund	N.A.	3,928 Cr	8.05%	7.08%

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 ₹2629.5637 as of Sep 03, 2025.

What are the returns of this mutual fund scheme?

The HSBC Liquid Fund is a 21 yrs 3 m old fund and has delivered average annual returns of 4.65% since inception.

HSBC Liquid Fund Returns

1-Year	3-Year	5-Year	10-Year	Since Inception
6.9%	6.99%	5.59%	6.18%	4.65%

How much does this mutual fund charge as expense ratio?

The HSBC Liquid Fund - Direct Growth has an expense ratio of 0.22%, 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 21,894 Cr as on May 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	17.7%
Bank Of Baroda	6.91%
Punjab National Bank	6.09%

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+	78.53%
SOV	17.7%
Cash & Call Money	3.57%

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?

HSBC Liquid Fund Regular-Growth is the regular plan of the fund. For this plan of you pay 0.22% as annual charges. On the other hand if you go for the direct plan available on ET Money, you pay 0.12%. That's 0.1% less.

Regular plans charge more because when you buy them, the fund pays commission to the agent. This is an additional expense for the fund and to cover this expense, the fund takes a bigger share from the returns generated by your investments.

So, the lower annual cost of the direct plan means you will earn 0.1% if you opt for direct plan of HSBC Liquid Fund

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

App exclusive

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.