HSBC Medium to Long Term Fund
- NAV as on 25 Sep 2026
- ₹43.58-0.06%1 day
- Return since launch
- 6.3%
- 52-week range
- ₹42.28 — ₹44.03
- AUM
- ₹48.71 Cr
HSBC Medium to Long Term Fund is a Medium to Long Duration debt fund from HSBC Mutual Fund with ₹48.71 Cr under management, launched in 2002. Over three years it has returned 4.6% a year, against 5.9% for its category. The expense ratio is 1.31% and the SEBI riskometer reading is Moderate.
Performance
HSBC Medium to Long Term Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned +3.0% against +3.4% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 3.0% | −0.4 pts | 3.5% | 3.5% |
| 2Y | 3.5% | −0.3 pts | 3.9% | 3.9% |
| 3Y | 4.6% | −1.3 pts | 5.9% | 4.9% |
| 5Y | 5.0% | −0.2 pts | 5.1% | 5.4% |
| 7Y | 4.7% | −0.7 pts | 5.4% | 5.2% |
| 10Y | 5.0% | −0.5 pts | 5.5% | 5.6% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | -0.3% | +0.2 pts | -0.4% | -0.4% |
| 3M | -0.3% | −0.2 pts | -0.2% | -0.1% |
| 6M | 2.7% | −0.3 pts | 3.0% | 3.0% |
| 1Y | 3.0% | −0.4 pts | 3.5% | 3.5% |
| 2Y | 4.1% | −0.4 pts | 4.5% | 4.5% |
| 3Y | 5.5% | −0.3 pts | 5.9% | 5.9% |
| 5Y | 4.3% | −0.8 pts | 5.1% | 4.9% |
| 7Y | 4.8% | −0.8 pts | 5.6% | 5.6% |
| 10Y | 5.0% | −0.5 pts | 5.5% | 5.7% |
Since launch (14 Nov 2002): 6.3%
Calendar-year returns
Category averageShow as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | 5.4% | −0.9 pts | 6.3% |
| 2024 | 7.5% | −1.4 pts | 9.0% |
| 2023 | 5.7% | −1.7 pts | 7.3% |
| 2022 | 0.5% | −2.8 pts | 3.4% |
| 2021 | 1.3% | −2.2 pts | 3.5% |
| 2020 | 9.6% | −1.2 pts | 10.8% |
Returns over one year are annualised. Shorter periods are absolute.
Costs & terms
Costs and terms
What the fund charges each year, and the rules around putting money in and taking it out.
Costs
1.30%
Expense ratio as on 25 Sep 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 1.08%
- Brokerage
- 0.02%
- Transaction charges
- 0.01%
- Statutory levies
- 0.19%
- Exit load
- Exit load of 0.75% if redeemed / switched out within 6 months from the date of investment.
- Lock-in
- None
Terms
- Min SIP
- ₹3,000
- Min lumpsum
- ₹5,000
- Plan
- GROWTH
- Fund type
- OPEN-ENDED
- Benchmark
- NIFTY Medium to Long Duration Debt Index A-III
Risk
Risk
What the riskometer means for this fund, and how its ratios sit against the category.
Your principal is treated as being at moderate risk — typically medium duration debt and conservative hybrid schemes.
| Ratio | Fund | Category avg | Read as |
|---|---|---|---|
| Alpha | — | — | Return earned above what the benchmark alone would have given. Higher is better. |
| Beta | — | — | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | -0.06 | 0.20 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | -0.12 | 0.28 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 2.62 | 2.59 | How widely monthly returns have varied around their own average. Lower is steadier. |
| Average of 5 category peers | |||
Portfolio
HSBC Medium to Long Term Fund portfolio
Portfolio as of 31 Aug 2026
Asset allocation
- Debt85.7%
- Other14.3%
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Others | Others | 14.65% | ₹7.14 Cr | +0.90% | +0.90% | +0.87% |
| company:5434 | Financial | 7.98% | ₹3.89 Cr | — | — | — |
| Small Industries Devp. Bank of India Ltd. | Financial | 6.32% | ₹3.08 Cr | — | — | +9.16% |
| Indian Railway Finance Corporation Ltd. | Financial | 6.17% | ₹3.01 Cr | — | — | — |
| Maharashtra State | Others | 6.16% | ₹3.00 Cr | +4.19% | +0.37% | — |
| Power Finance Corporation Ltd. | Financial | 5.29% | ₹2.58 Cr | +5.28% | +8.46% | +6.70% |
| Tamilnadu State | Others | 4.94% | ₹2.41 Cr | — | +4.25% | — |
| Bharti Telecom Ltd. | Communication | 4.26% | ₹2.07 Cr | +4.25% | +4.25% | — |
| National Housing Bank | Financial | 4.24% | ₹2.06 Cr | — | — | — |
| Bajaj Housing Finance Ltd. | Financial | 4.23% | ₹2.06 Cr | +4.22% | — | — |
| GOI | Sovereign | 4.23% | ₹2.06 Cr | +6.13% | +8.30% | +10.37% |
| National Bank For Agriculture & Rural Development | Financial | 4.20% | ₹2.05 Cr | +4.27% | +6.80% | +2.31% |
| Bajaj Finance Ltd. | Financial | 0.83% | ₹0.41 Cr | — | +6.66% | +6.53% |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| company:5434 | 0.00% | 7.98% | +7.98% |
| GOI | 10.25% | 4.23% | -6.02% |
| Gujarat State | 4.29% | 0.00% | -4.29% |
| Maharashtra State | 4.23% | 6.16% | +1.93% |
| National Bank For Agriculture & Rural Development | 4.09% | 4.20% | +0.11% |
| Small Industries Devp. Bank of India Ltd. | 6.26% | 6.32% | +0.06% |
| Bharti Telecom Ltd. | 4.21% | 4.26% | +0.05% |
| Bajaj Housing Finance Ltd. | 4.20% | 4.23% | +0.03% |
| National Housing Bank | 4.22% | 4.24% | +0.02% |
| Power Finance Corporation Ltd. | 5.27% | 5.29% | +0.02% |
| Bajaj Finance Ltd. | 0.83% | 0.83% | 0.00% |
| Indian Railway Finance Corporation Ltd. | 6.17% | 6.17% | 0.00% |
| Others | 0.30% | 0.30% | 0.00% |
| Tamilnadu State | 4.94% | 4.94% | 0.00% |
Compare
Similar funds
The rest of the category, so this fund’s numbers have something to sit against.
| Fund | AUM | Expense | 1Y | 3Y | 5Y |
|---|---|---|---|---|---|
| Category average | ₹948 Cr | 1.19% | 4.1% | 5.4% | 5.8% |
 ICICI Prudential Medium to Long Term Fund | ₹2,048 Cr | 1.00% | 3.7% | 5.6% | 6.2% |
 SBI Medium to Long Term Fund | ₹2,046 Cr | 1.48% | 3.7% | 5.1% | 5.8% |
 Bandhan Medium to Long Term Fund | ₹429 Cr | 2.01% | 5.2% | 5.2% | 5.3% |
 LIC MF Medium to Long Term Fund | ₹175 Cr | 0.62% | 4.3% | 5.6% | 6.0% |
 Franklin India Medium to Long Term Fund | ₹42.36 Cr | 0.85% | 3.8% | — | — |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
Investment objective
The scheme seeks to generate regular income through a diversified portfolio of fixed income securities such that the Macaulay duration of the portfolio is between 4 years to 7 years.
Fund managers
- Asif RizwiMr. Rizwi has done B.Tech and PGDM from IIM-CPrior to joining HSBC MF, he has worked with L&T MF, Yes Bank, ICICI Bank, Nomura International plc and Deutsche Bank
- Shriram RamanathanShriram 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.
Tools
Return calculator
What ₹10,000 a month in this fund would have grown to over each period, based on its past returns.
| Over the past | Total investment | Would’ve become | Growth | Returns |
|---|---|---|---|---|
| 6 months2.70% absolute | ₹60,000 | ₹61,620 | 2.70% | |
| 1 year3.04% annualised | ₹1,20,000 | ₹1,21,994 | 1.66% | |
| 3 years5.53% annualised | ₹3,60,000 | ₹3,92,408 | 9.00% | |
| 5 years4.29% annualised | ₹6,00,000 | ₹6,70,271 | 11.71% |
Returns for 1 year and longer are annualised (CAGR); 6-month figures are absolute. Past returns are not a forecast.
How this is calculated
Each monthly instalment grows at the fund’s annualised return ÷ 12 per month until the end of the period, the same formula as our SIP calculator.
The amount compounds once a year at the fund’s CAGR for that period, the same formula as our lumpsum calculator.
Questions
Frequently asked questions
The things people ask about this scheme.