HSBC Overnight Fund Direct Monthly Reinvestment of Income Distribution cum Capital Withdrawal Opt
Debt
Direct
Overnight
NAV: ₹ 1000.7 as on 29-09-2023
Fund Performance
About the Fund
HSBC Overnight Fund Direct Monthly Reinvestment of Income Distribution cum Capital Withdrawal Opt 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 Monthly Reinvestment of Income Distribution cum Capital Withdrawal Opt has ₹3635 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
- The fund has an expense ratio 0.1.
HSBC Overnight Fund Direct Monthly Reinvestment of Income Distribution cum Capital Withdrawal Opt Overview
 | 0.1% |
 Benchmark | CRISIL Liquid Fund TR INR |
 | ₹3635 Cr |
 | 22 May, 2019 |
 | ₹5000/₹1000 |
 | 0% |
 | No Lock-in |
 TurnOver | 47.24% |
Fund Distribution as on (31-Dec-69)
Credit rating breakup
AAA
100%
Sector Allocation
Cash Equivalent
100%
Top Holdings of HSBC Overnight Fund Direct Monthly Reinvestment of Income Distribution cum Capital Withdrawal Opt as on (31-Aug-23)
Debt Holdings5
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 91 DTB 13072023 | 1.08% | 0% | |
182 DTB 24082023 | 1.08% | 0% | |
182 DTB 07092023 | 1.08% | 0% | |
91 DTB 07092023 | 0.65% | 0% | |
91 DTB 17082023 | 0.65% | 0% |
HSBC Overnight Fund Direct Monthly Reinvestment of Income Distribution cum Capital Withdrawal Opt: Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- 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
Peer Analysis
HSBC Overnight Fund Direct Monthly Reinvestment of Income Distribution cum Capital Withdrawal Opt Fund Manager
Kapil Punjabi
Fund Manager of HSBC Overnight Fund Direct Monthly Reinvestment of Income Distribution cum Capital Withdrawal Opt, since 21 November 2019
Top funds managed
Fund 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 1.55% since inception which is less than its category average return of 3.38%
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%
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 Direct Monthly Reinvestment of Income Distribution cum Capital Withdrawal Opt is ₹1000.73 as on 29-Sep-2023.
Existing (Absolute + CAGR) as on 29-Sep-2023.
HSBC Overnight Fund Direct Monthly Reinvestment of Income Distribution cum Capital Withdrawal Opt | Absolute Returns | CAGR Returns |
1 Month Returns | -0% | -0% |
6 Month Returns | 2.75% | 2.75% |
1 Year Returns | 0% | 0% |
3 Years Returns | 0% | 0% |
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
91 DTB 13072023(1.08%), 182 DTB 24082023(1.08%), 182 DTB 07092023(1.08%), 91 DTB 17082023(0.65%), 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 Direct Monthly Reinvestment of Income Distribution cum Capital Withdrawal Opt
The Exit load of HSBC Overnight Fund Direct Monthly Reinvestment of Income Distribution cum Capital Withdrawal Opt is 0%