The aim of the present work is to investigate the possibility of in-situ synthesis and net-shape forming of the titanium matrix (TiC+TiB) hybrid composites using a casting route. From the scanning electron microscopy, electron probe micro-analyzer, X-ray diffraction and thermodynamic calculations, the spherical TiC and needle like TiB reinforced hybrid titanium matrix composites could be obtained in-situ by the conventional melting and casting route between titanium and $B_4C$. No melt-mold reaction occurred between the titanium matrix (TiC+TiB) hybrid composites and the SKK mold, since the mold is consisted with interstitial and substitutional metal-mold reaction products. Not only the sound in-situ synthesis but also the economic net-shape forming of the titanium matrix (TiC+TiB) hybrid composites could be possible by the conventional casting route.