HSBC Medium Duration Fund

Q: What are the returns of this mutual fund scheme?

The HSBC Medium Duration Fund is a 11 yrs old fund and has delivered average annual returns of 6.97% since inception. HSBC Medium Duration Fund Returns 1-Year 3-Year 5-Year 10-Year Since Inception 6.85% 7.39% 6.08% 6.82% 6.97%

Q: How much does this mutual fund charge as expense ratio?

The HSBC Medium Duration Fund has an expense ratio of 1.08% , representing the annual cost of managing and operating the fund. This fee is deducted from the fund's AUM while declaring the daily NAV, reducing investor returns.

NAV as of Feb 02, 2026	Returns since inception	ET Money Rank	AUM (Fund size)
₹21.0057-0.07% 1 day change	6.97% p.a.	App exclusive #NA View Ranked Funds	₹779 Cr

Historical NAV & returns

NAV: ₹21.0057 as on Feb 02, 2026

This fund Category average

HSBC Medium Duration Fund overview

AUM (Fund size)	₹779 Cr
Exit load	0%
Lock-in Period	Nil
Age	11 yrs since Jan 22, 2015
Benchmark	NIFTY Medium Duration Debt Index A-III
Min. investment	SIP: ₹1000 & Lumpsum: ₹5000
Expense ratio	1.08% as on Feb 02, 2026
Plan type	Regular
Risk	Moderate
Tax on your gains	Profits are added to your income and taxed as per your slab rate

HSBC Medium Duration 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 Feb 03, 2026

Period	This fund	Category average
1 Month	0.0%	0.03%
3 Months	0.6%	0.6%
6 Months	1.71%	1.66%
1 Year	6.85%	6.4%
2 Years	7.42%	7.12%
3 Years	7.39%	7.0%
4 Years	6.43%	6.28%
5 Years	6.08%	5.8%
7 Years	6.74%	6.49%
10 Years	6.82%	6.85%

Asset allocationas on Dec 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

AAA 38.3%

SOV 30.45%

AA 23.37%

AA- 6.69%

Top Debt Holdings

GOI 30.45%

LIC Housing Finance Ltd. 5.27%

Delhi International Airport Ltd. 3.96%

Vedanta Ltd - Pref. Shares 7.50 3.5%

Allocation by Instruments

Debenture 35.76%

GOI Securities 30.449999999999996%

Non Convertible Debenture 14.09%

Securitised Debt 7.13%

Other Holdings

Others 0.03%

Detailed portfolio analysis

Peer comparison

Fund name	1M	6M	1Y	3Y	5Y	10Y
HSBC Medium Duration Fund	0.0%	1.71%	6.85%	7.39%	6.08%	6.82%
ICICI Prudential Medium Term Bond Fund	0.15%	3.0%	8.1%	7.84%	6.81%	7.47%
ICICI Prudential Diversified Debt Strategy Active FoF	-0.02%	1.81%	6.78%	7.55%	6.24%	7.32%
Axis Strategic Bond Fund	0.11%	2.3%	7.5%	7.82%	6.68%	7.64%
SBI Medium Duration Fund	0.04%	2.01%	6.65%	7.36%	6.14%	7.99%
Aditya Birla Sun Life Medium Term Fund	-0.07%	4.02%	11.83%	9.83%	12.2%	8.68%

Fund name	Std. deviation	Beta	Sharpe	Sortino
HSBC Medium Duration Fund	1.33	0.73	0.85	1.34
ICICI Prudential Medium Term Bond Fund	1.05	0.54	1.42	2.52
ICICI Prudential Diversified Debt Strategy Active FoF	1.15	0.62	1.13	1.51
Axis Strategic Bond Fund	1.21	0.65	1.25	2.27
SBI Medium Duration Fund	1.23	0.66	0.89	1.42
Aditya Birla Sun Life Medium Term Fund	1.81	0.39	1.85	3.83

Fund name	ETM Rank	AUM	Fund age	Expense ratio
HSBC Medium Duration Fund	N.A.	779 Cr	11 yrs	1.08%
ICICI Prudential Medium Term Bond Fund	N.A.	5,708 Cr	21 yrs 5 m	1.37%
ICICI Prudential Diversified Debt Strategy Active FoF	N.A.	110 Cr	22 yrs 2 m	0.62%
Axis Strategic Bond Fund	N.A.	2,059 Cr	13 yrs 10 m	1.33%
SBI Medium Duration Fund	N.A.	6,889 Cr	22 yrs 4 m	1.21%
Aditya Birla Sun Life Medium Term Fund	N.A.	2,905 Cr	16 yrs 10 m	1.56%

View all Medium Duration funds

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

Alpha	0.83 vs. 2.37 Underperformed at beating benchmark
Sharpe	0.85 vs. 2.71 Poor risk-adjusted returns
Beta	0.73 vs. 0.86 Less sensitive to market ups & downs
Standard deviation	1.33 vs. 1.46 More stable returns

Compare HSBC Medium Duration Fund in detail with

About this fund

About HSBC Medium Duration Fund

HSBC Medium Duration Fund is a Medium Duration mutual fund scheme from Hsbc Mutual Fund. This fund has been in existence for 11 yrs, having been launched on 22/01/2015. HSBC Medium Duration Fund has ₹779 Crores worth of assets under management (AUM) as on 31/12/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of HSBC Medium Duration Fund as of 02/02/2026 is ₹21.01. The fund has an expense ratio of 1.08%, which is higher than what most other Medium Duration funds charge.

HSBC Medium Duration Fund returns of last 1-year are 6.94%. Since launch, it has delivered 6.97% average annual returns. The fund has doubled the money invested in it every 11 yrs.
HSBC Medium Duration Fund 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 moderate indicating it has lent to borrowers whose quality is good. 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 GOI, LIC Housing Finance Ltd., Delhi International Airport Ltd., Vedanta Ltd - Pref. Shares 7.50, Indian Railway Finance Corporation Ltd..

...

Fund AUM	779 Cr as on Dec 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.

Investment objective

The scheme seek to generate income by investing primarily in debt and money market securities.

HSBC Mutual Fund details

No. of schemes	44 view all schemes
Total AUM	1,39,633 Cr as on Dec 31, 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.	512 Cr	19.67%	10.94%
HSBC CRISIL IBX 50:50 Gilt Plus SDL Apr 2028 Index Fund	N.A.	1,963 Cr	7.48%	7.61%
HSBC Income Plus Arbitrage Active FoF	N.A.	670 Cr	5.31%	7.26%
HSBC Corporate Bond Fund	N.A.	6,292 Cr	7.02%	7.26%
HSBC Money Market Fund	N.A.	4,895 Cr	6.98%	7.16%
HSBC Ultra Short Duration Fund	N.A.	3,014 Cr	6.67%	7.03%

See all Debt funds from this AMC

Frequently asked questions

What is the current NAV of HSBC Medium Duration Fund?

The current Net Asset Value (NAV) of the HSBC Medium Duration Fund plan is approximately ₹21.0057 as of Feb 02, 2026.

What are the returns of this mutual fund scheme?

The HSBC Medium Duration Fund is a 11 yrs old fund and has delivered average annual returns of 6.97% since inception.

HSBC Medium Duration Fund Returns

1-Year	3-Year	5-Year	10-Year	Since Inception
6.85%	7.39%	6.08%	6.82%	6.97%

How much does this mutual fund charge as expense ratio?

The HSBC Medium Duration Fund has an expense ratio of 1.08%, representing the annual cost of managing and operating the fund. This fee is deducted from the fund's AUM while declaring the daily NAV, reducing investor returns.

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

The HSBC Medium Duration Fund currently has assets under management (AUM) or fund size valued at approximately 779 Cr as on Dec 31, 2025.

To whom does HSBC Medium Duration Fund lend to?

The top 3 debt holdings of HSBC Medium Duration Fund are as follows

Holding Name	Percentage of Portfolio
GOI	30.45%
LIC Housing Finance Ltd.	5.27%
Delhi International Airport Ltd.	3.96%

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 Medium Duration Fund allocation by credit quality is given below

Credit Quality	Percentage of Portfolio
AAA	38.3%
SOV	30.45%
AA	23.37%

What is risk level of HSBC Medium Duration Fund?

This is a Medium Duration fund comes with Moderate risk.

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

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

How can I redeem my investments in HSBC Medium Duration Fund?

Redeeming your investments in the HSBC Medium Duration Fund is simple. If you have invested via ET Money, just log in to the app, go to the holdings section, and submit the redemption request.

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

ET Money rank

App exclusive

in Medium Duration

#NA

Exit Load: This fund has no exit load.
Volatility Protection: This fund ranks lower in terms of protecting against volatility within its category.
Return/Risk: The fund is performing poorly than its category.