HSBC Overnight Fund Direct Growth
Debt
Direct
Overnight
NAV: ₹ 1256.76 as on 16-04-2024
Fund Performance
16 people have invested ₹ 44.7L in HSBC Overnight Fund Direct Growth in the last three months
About the HSBC Overnight Fund Direct Growth
HSBC Overnight Fund Direct Growth 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
- HSBC Overnight Fund Direct Growth has ₹1863 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
- The fund has an expense ratio 0.1.
HSBC Overnight Fund Direct Growth Overview
 | 0.06% |
 Benchmark | CRISIL Liquid Fund TR INR |
 | ₹1863 Cr |
 | 22 May, 2019 |
 | ₹5000/₹1000 |
 | 0% |
 | No Lock-in |
 TurnOver | 47.24% |
HSBC Overnight Fund Direct Growth Distribution as on (31-Dec-69)
Credit rating breakup
AAA
100%
Sector Allocation
Cash Equivalent
100%
Top Holdings of HSBC Overnight Fund Direct Growth as on (31-Mar-24)
Debt Holdings3
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 91 DTB 11042024 | 2.83% | 0% | |
364 DTB 22032024 | 2.13% | 0% | |
182 DTB 04042024 | 1.77% | 0% |
HSBC Overnight Fund Direct Growth: Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 3.3K Cr as of Mar'24
- AUM has remained same between Mar'24 and Feb'24
Fund Portfolio Changes
Peer Analysis
HSBC Overnight Fund Direct Growth Fund Manager
Kapil Punjabi
Fund Manager of HSBC Overnight Fund Direct Growth, since 21 November 2019
Top funds managed
HSBC Overnight Fund Direct Growth Highlights
Low Risk
Investors understand that their principal will be at Low Risk
About the fund
This fund has delivered an average annual returns of 4.76% since inception which is more than its category average return of 3.65%
AUM size ₹1863 Cr
This fund has AUM of ₹1863 Cr which is less than its category average of ₹ 2623 Cr
Expense Ratio 0.06%
This fund has an expense ratio of 0.06% which is less than its category average expense ratio of 0.13%
Frequently Asked Questions
The current NAV of HSBC Overnight Fund Direct Growth is ₹1256.76 as on 16-Apr-2024.
Existing (Absolute + CAGR) as on 16-Apr-2024.
HSBC Overnight Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.57% | 0.57% |
6 Month Returns | 3.39% | 3.39% |
1 Year Returns | 6.82% | 6.82% |
3 Years Returns | 16.63% | 5.26% |
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.
0.06% as on March 2024
₹1863 Cr as on March 2024
Yield to Maturity is 6.62 as on March 2024. 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 March 2024. 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 Direct Growth
The Exit load of HSBC Overnight Fund Direct Growth is 0%