HSBC Overnight Fund Direct Growth
HSBC Overnight Fund Direct Growth

HSBC Overnight Fund Direct Growth

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Debt
Direct
Overnight

NAV: ₹ 1149.8 as on 05-12-2022

Fund Performance
zero opening, trading, fund transfer fee
4 people have invested ₹ 1.7L in mutual fund in the last three months

Fund Performance

Return
1M
3M
6M
1Y
3Y
This Fund
0.5%
1.4%
2.7%
4.5%
3.8%
Benchmark
-
-
-
-
-
About the Fund

HSBC Overnight Fund Direct Growth is a debt fund. This fund was started on  22 May, 2019. The fund is managed by Kapil Punjabi, Mahesh Chhabria. This fund is suitable to keep your money safe.

Key parameters

1) HSBC Overnight Fund Direct Growth has a NAV of 1149.8483 as on 05-12-2022.

2) HSBC Overnight Fund Direct Growth has 587 Cr worth of assets under management (AUM) as on 31-10-2022 and is less than category average.

3) The fund has an expense ratio 0.11 %.

Fund Overview

Expense ratio
Expense ratio
0.11%
Benchmark
Benchmark
CRISIL Liquid Fund TR INR
AUM
AUM
₹587 Cr
Inception Date
Inception Date
22 May, 2019
Min Lumpsum/SIP
Min Lumpsum/SIP
₹5000/₹500
Exit Load
Exit Load
0%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
6.25%

Fund Distribution

  • Debt & Cash 100%

Sector Allocation

Oct'22

Sep'22

Aug'22

Cash Equivalent

100%

Top Holdings

  • All
  • Debt & Cash
Total Holdings4
Debt Holdings4
Holdings
Weight%
Holdings Trend
1M Change
icon
Reverse Repos
70.74%
0%
icon
Treps
27.35%
0%
icon
182 Dtb 24112022
4.42%
0%
icon
Net Current Assets (Including Cash & Bank Balances)
2.51%
0%

What changed

in last one month
  • Scheme
AUM has remained same in the last 1M
Oct'22 return outperformed benchmark

Change in AUM

Oct'22
₹ 587.4 Cr
Sep'22
₹ 587.4 Cr
Aug'22
₹ 587.4 Cr

Fund Returns vs Benchmark

Oct'22
0.41%
0.36%
Sep'22
0.44%
0.40%
Aug'22
0.43%
0.41%
Fund Return
Benchmark Return

Fund Manager

Kapil Punjabi

Kapil Punjabi

Managing this fund since 21 November 2019

Top funds managed

Scheme
Annualised Returns(3Y)
Category Returns(3Y)
HSBC Money Market Fund Direct Plan Growth Option
4.55%
4.32%
HSBC Liquid Fund Growth Direct
4.1%
0.61%
HSBC Medium Duration Bond Fund Direct Growth
6.7%
5.06%
Mahesh Chhabria

Mahesh Chhabria

Managing this fund since 25 November 2022

Top funds managed

Scheme
Annualised Returns(3Y)
Category Returns(3Y)
L&T Ultra Short Term Fund Direct Plan Growth
4.62%
4.28%
HSBC Banking & PSU Debt fund Direct Plan Growth Option
5.35%
5.22%
L&T Liquid Fund Direct Plan Growth Option
4.1%
3.26%

AMC details

Address
HSBC Asset Management (India) Private Ltd.,16, V N Road,,Fort
Phone
+912266145000
Fund House
HSBC Asset Management(India)Private Ltd

Fund Highlights

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Low Risk

Investors understand that their principal will be at Low Risk
About the fund

About the fund

This fund has delivered an average annual returns of 4.02% since inception which is more than its category average return of 3.05%
AUM size ₹587 Cr

AUM size ₹587 Cr

This fund has AUM of ₹587 Cr which is less than its category average of ₹ 4168 Cr
Expense Ratio 0.11%

Expense Ratio 0.11%

This fund has an expense ratio of 0.11% which is less than its category average expense ratio of 0.14%

Frequently Asked Questions

The current NAV of HSBC Overnight Fund Direct Growth is 1149.85.
Existing (Absolute + CAGR)
HSBC Overnight Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
0.5%
0.5%
6 Month Returns
2.68%
2.68%
1 Year Returns
4.54%
4.54%
3 Years Returns
11.77%
3.78%
5 Years Returns
0%
0%
With INDmoney, the process of investing is very simple and involves zero commission.
  • Click Buy on the fund name.
  • Input the amount you are looking to invest.
  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.
0.11 as on November 2022
587 Cr as on November 2022
Kapil Punjabi,Mahesh Chhabria are the fund managers of HSBC Overnight Fund Direct Growth
The Exit load of HSBC Overnight Fund Direct Growth is 0%

Mutual Fund execution provided by

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Disclaimer: Mutual Fund investments are subject to market risks, read all scheme related documents carefully. Past performance is not indicative of future returns.