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Axis Ultra Short to Short Term Fund vs HSBC Ultra Short to Short Term Fund

Axis Ultra Short to Short Term Fund (Direct) and HSBC Ultra Short to Short Term Fund (Direct) head to head: growth of ₹100, returns across every window, risk, cost, and portfolio overlap — every figure computed from AMFI NAV history, nothing supplied by a fund house. Both are Low Duration Fund schemes — see the best low duration mutual funds for the full ranking.

Head to head

NAVs as of 15 Oct 2026

Axis Ultra Short to Short Term FundDirectHSBC Ultra Short to Short Term FundDirect2 of 4 funds

Growth of ₹100 (rebased over the selected window)

Common period 28 Nov 2022 – 15 Oct 2026, limited by HSBC Ultra Short to Short Term Fund. Every series is rebased to ₹100 at the start of this window.

View as table
Growth of ₹100, sampled across the common period
DateAxis Ultra Short to Short Term FundHSBC Ultra Short to Short Term Fund
28 Nov 2022₹100.00₹100.00
26 Mar 2023₹102.15₹102.08
22 Jul 2023₹104.89₹104.83
17 Nov 2023₹107.12₹107.28
14 Mar 2024₹109.76₹109.87
10 Jul 2024₹112.54₹112.71
06 Nov 2024₹115.43₹115.53
04 Mar 2025₹118.09₹118.14
30 Jun 2025₹121.88₹123.50
26 Oct 2025₹124.41₹126.02
21 Feb 2026₹126.80₹128.32
19 Jun 2026₹129.31₹131.02
15 Oct 2026₹131.86₹133.47
Axis Ultra Short to Short Term Fund, HSBC Ultra Short to Short Term Fund compared on return, risk, benchmark-relative, cost and portfolio metrics, against the Low Duration Fund median.
Metric
Axis · Direct
NAV ₹3,516.17
Low to Moderate risk
★★★★☆
HSBC · Direct
NAV ₹32.77
Low to Moderate risk
★★★★★
Category median
Low Duration Fund · 25 funds
+6.13%+6.05%+6.03%
+7.40%+7.78%Best in row+7.30%
+6.69%—+6.55%
+7.00%—+6.74%
+7.62%+7.73%+7.17%
+7.14%——
+7.46%+8.00%Best in row+7.24%
+7.31%—+7.03%
+7.37%—+7.12%
Risk
0.49%Best in row0.90%0.50%
—1.431.56
—4.282.84
-1.46%-0.23%-1.36%
0.37%Best in row0.40%0.34%
—₹936.99Cr₹1,801Cr
₹100₹500—
₹100₹5.00K—
Devang Shah · 10.4yMohd Asif Rizwi—
09 Oct 200904 Dec 2010—
0.3%1.9%—
10 rows carry the same value for every fund — show
Benchmark
—
Alpha
—
Beta
—
Upside capture
—
Downside capture
—
Exit load
None
Lock-in
None
Portfolio turnover
—
Holdings
—
Top 10 weight
—

Best marks the strongest value in a row, and only where the gap is bigger than noise — a near-tie is left unmarked rather than dressed up as a result. SIP XIRR is a ₹10,000/month instalment over 5 years of real NAV history. Nothing here is supplied by a fund house. For research only — not investment advice.

Frequently asked questions

Which fund has delivered higher returns — Axis Ultra Short to Short Term Fund or HSBC Ultra Short to Short Term Fund?

Over the last 3 years, HSBC Ultra Short to Short Term Fund returned +7.78% CAGR against Axis Ultra Short to Short Term Fund's +7.40%, computed from AMFI NAV history. Past returns don't guarantee future performance.

Which fund is cheaper — Axis Ultra Short to Short Term Fund or HSBC Ultra Short to Short Term Fund?

Axis Ultra Short to Short Term Fund has the lower expense ratio: Axis Ultra Short to Short Term Fund charges 0.37% a year against HSBC Ultra Short to Short Term Fund's 0.40%. The expense ratio is deducted from the NAV daily, so a lower one compounds in the investor's favour.

Which fund is riskier — Axis Ultra Short to Short Term Fund or HSBC Ultra Short to Short Term Fund?

HSBC Ultra Short to Short Term Fund has shown higher volatility (+0.90% annualized vs Axis Ultra Short to Short Term Fund's +0.49%), measured as the annualized standard deviation of daily returns over the trailing 3 years. Worst 3-year drawdown: Axis Ultra Short to Short Term Fund -0.22% vs HSBC Ultra Short to Short Term Fund -0.23%.

Are Axis Ultra Short to Short Term Fund and HSBC Ultra Short to Short Term Fund in the same category?

Yes — both are Low Duration Fund schemes, so their returns, risk and cost are directly comparable against the same peer set.

Figures update daily from AMFI NAV history; ratings and ranks are WealthTicker’s own — see the methodology. This is data, not investment advice.