HSBC Overnight Fund - Growth Direct Plan

HSBC Overnight Fund - Growth Direct Plan

Compare
Debt
Direct
Overnight

NAV: ₹ 1210.4 as on 24-09-2023

Fund Performance
zero opening, trading, fund transfer fee
10 people have invested ₹ 35.7K in HSBC Overnight Fund - Growth Direct Plan in the last three months

Fund Insights

Insights icon
In the last 1 year, Mirae Asset Overnight Fund Direct Growth has given 6.52% return, outperforming this fund by 0.01%.
Insights icon
This fund expense ratio is slightly on the lower side within the category (overnight). Its expense ratio is 0.1% which is lower than the category average expense ratio of 0.13%.
Insights icon
In the last 3 years, Mirae Asset Overnight Fund Direct Growth has given 4.55% return, outperforming this fund by 0% per annum.
Insights icon
Over the last 1 month, this fund has experienced a 18.0% drop in AUM moving from 4.43K Cr to 3.63K Cr.
Insights icon
Over the last 1 year, this fund has decreased expense ratio by 9.1% moving from 0.11 to 0.10.

About the Fund

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

Key Parameters

  1. HSBC Overnight Fund - Growth Direct Plan has ₹3635 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
  2. The fund has an expense ratio 0.1.

HSBC Overnight Fund - Growth Direct Plan Overview

Expense ratio
Expense ratio
0.1%
Benchmark
Benchmark
CRISIL Liquid Fund TR INR
AUM
AUM
₹3635 Cr
Inception Date
Inception Date
22 May, 2019
Min Lumpsum/SIP
Min Lumpsum/SIP
₹5000/₹1000
Exit Load
Exit Load
0%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
47.24%

Fund Distribution as on (31-Dec-69)

  • Debt & Cash 100%

Credit rating breakup

AAA
100%

Sector Allocation

Aug'23

Jul'23

Jun'23

Cash Equivalent

100%

Top Holdings of HSBC Overnight Fund - Growth Direct Plan as on (31-Aug-23)

  • Debt & Cash

Debt Holdings5
Holdings
Weight%
1M Change
182 DTB 24082023
182 DTB 24082023
1.12%
0%
91 DTB 13072023
91 DTB 13072023
1.12%
0%
182 DTB 07092023
182 DTB 07092023
1.08%
0%
91 DTB 17082023
91 DTB 17082023
0.67%
0%
91 DTB 07092023
91 DTB 07092023
0.65%
0%

HSBC Overnight Fund - Growth Direct Plan: Monthly Changes Updates

All changes are between Oct'69 and Dec'69

AUM Change

Parameters
Aug'23
Jul'23
Jun'23
AUM
₹ 3.6K Cr
₹ 4.4K Cr
₹ 3K Cr
  • AUM of the fund stands at 3.6K Cr as of Aug'23
  • AUM decreased by 797.7 Cr between Aug'23 and Jul'23

HSBC Overnight Fund - Growth Direct Plan Fund Manager

Kapil Punjabi

Kapil Punjabi

Fund Manager of HSBC Overnight Fund - Growth Direct Plan, since 21 November 2019

Fund Highlights

Risk meter
pointer

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 4.49% since inception which is more than its category average return of 3.38%
AUM size ₹3635 Cr

AUM size ₹3635 Cr

This fund has AUM of ₹3635 Cr which is more than its category average of ₹ 3025 Cr
Expense Ratio 0.1%

Expense Ratio 0.1%

This fund has an expense ratio of 0.1% which is less than its category average expense ratio of 0.14%

Frequently Asked Questions

The current NAV of HSBC Overnight Fund - Growth Direct Plan is ₹1210.43 as on 24-Sep-2023.
Existing (Absolute + CAGR) as on 24-Sep-2023.
HSBC Overnight Fund - Growth Direct Plan
Absolute Returns
CAGR Returns
1 Month Returns
0.56%
0.56%
6 Month Returns
3.33%
3.33%
1 Year Returns
6.51%
6.51%
3 Years Returns
14.27%
4.55%
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.
0.1% as on August 2023
₹3635 Cr as on August 2023
182 DTB 24082023(1.12%), 91 DTB 13072023(1.12%), 182 DTB 07092023(1.08%), 91 DTB 17082023(0.67%), 91 DTB 07092023(0.65%) as on August 2023
Yield to Maturity is 6.63 as on August 2023. Yield to Maturity is the total return earned on your bond investments if you hold the bond investments till maturity & all bonds' proceeds are reinvested in it.
Modified Duration is 0 as on August 2023. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
100
Kapil Punjabi is the fund manager of HSBC Overnight Fund - Growth Direct Plan
The Exit load of HSBC Overnight Fund - Growth Direct Plan is 0%