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ICICI Prudential Ultra Short to Short Term Fund vs HSBC Low Duration Fund

ICICI Prudential Ultra Short to Short Term Fund (Direct) and HSBC Low Duration 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 25 Aug 2026

ICICI Prudential Ultra Short to Short Term FundDirectHSBC Low Duration FundDirect2 of 4 funds

Growth of ₹100 (rebased over the selected window)

Common period 28 Nov 202225 Aug 2026, limited by HSBC Low Duration Fund. Every series is rebased to ₹100 at the start of this window.

View as table
Growth of ₹100, sampled across the common period
DateICICI Prudential Ultra Short to Short Term FundHSBC Low Duration Fund
28 Nov 2022₹100.00₹100.00
22 Mar 2023₹101.97₹102.01
14 Jul 2023₹104.77₹104.65
05 Nov 2023₹107.07₹106.98
26 Feb 2024₹109.54₹109.42
19 Jun 2024₹112.37₹112.19
11 Oct 2024₹115.24₹114.99
02 Feb 2025₹117.66₹117.42
27 May 2025₹121.38₹122.71
18 Sep 2025₹123.81₹125.16
09 Jan 2026₹126.24₹127.45
03 May 2026₹128.39₹129.69
25 Aug 2026₹131.36₹132.61
ICICI Prudential Ultra Short to Short Term Fund, HSBC Low Duration Fund compared on return, risk, benchmark-relative, cost and portfolio metrics, against the Low Duration Fund median.
Metric
ICICI Prudential · Direct
NAV ₹593.83
Low to Moderate risk
★★★★★
HSBC · Direct
NAV ₹32.56
Low to Moderate risk
★★★★☆
Category median
Low Duration Fund · 25 funds
+6.49%Best in row+6.34%+6.31%
+7.50%+7.89%Best in row+7.38%
+6.68%+6.58%
+7.15%+6.80%
+7.75%+7.84%+7.19%
+7.31%+7.79%Best in row
+7.57%+8.00%Best in row+7.23%
+7.41%+7.04%
+7.50%+7.13%
Risk
0.50%Best in row0.90%0.49%
1.551.55
4.792.86
-1.62%-0.23%Best in row-1.36%
0.42%0.40%0.35%
₹1,023Cr₹1,086Cr
Up to 1.00%None
₹100₹1.00K
99%121%
Manish Banthia · 12.9yMohd Asif Rizwi
02 Jan 201328 Nov 2022
61
10.1%
-0.6%2.9%
7 rows carry the same value for every fund — show
Benchmark
Alpha
Beta
Upside capture
Downside capture
Lock-in
None
Min lumpsum
₹5.00K

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 — ICICI Prudential Ultra Short to Short Term Fund or HSBC Low Duration Fund?

Over the last 3 years, HSBC Low Duration Fund returned +7.89% CAGR against ICICI Prudential Ultra Short to Short Term Fund's +7.50%, computed from AMFI NAV history. Past returns don't guarantee future performance.

Which fund is cheaper — ICICI Prudential Ultra Short to Short Term Fund or HSBC Low Duration Fund?

HSBC Low Duration Fund has the lower expense ratio: ICICI Prudential Ultra Short to Short Term Fund charges 0.42% a year against HSBC Low Duration 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 — ICICI Prudential Ultra Short to Short Term Fund or HSBC Low Duration Fund?

HSBC Low Duration Fund has shown higher volatility (+0.90% annualized vs ICICI Prudential Ultra Short to Short Term Fund's +0.50%), measured as the annualized standard deviation of daily returns over the trailing 3 years. Worst 3-year drawdown: ICICI Prudential Ultra Short to Short Term Fund -0.21% vs HSBC Low Duration Fund -0.23%.

Are ICICI Prudential Ultra Short to Short Term Fund and HSBC Low Duration 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.