HSBC Overnight Fund - IDCW Direct Daily
Get the latest NAV of HSBC Overnight Fund - IDCW Direct Daily. View historical returns compared to its benchmark and category average. Know which stocks and sectors the fund is investing in. Get an estimate of returns from the SIP and lump sum returns calculator. View detailed holding analysis and peer comparison. Get INDmoney ranking of the fund.
₹1000.01
NAV as on 20 Apr 2026
4.62%/per year
Since Inception
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HSBC Overnight Fund - IDCW Direct Daily Performance vs. Overnight Index
Fund returns vs Benchmark returns vs Category Average returns as on (20-Apr-26)
The fund has outperformed the benchmark (Overnight Index) over 3Y, 5Y, but underperformed over 1Y.
Peer comparison
HSBC Overnight Fund - IDCW Direct Daily Returns Calculator
Calculate SIP and lumpsum returns based on historical performance
Total Investment
0
Profit
Total Corpus
0
HSBC Overnight Fund - IDCW Direct Daily Asset Allocation
See fund asset allocation details as on (13-Apr-26)
Fund Distribution
as on (13-Apr-26)
HSBC Overnight Fund - IDCW Direct Daily Sector Allocation
See fund sector allocation details as on (13-Apr-26)
Sector Allocation
HSBC Overnight Fund - IDCW Direct Daily Overview
Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.
| Expense ratio | 0.06% |
Benchmark | Nifty 1D Rate TR INR |
| AUM | ₹2589 Cr |
| Inception Date | 22 May, 2019 |
| Min Lumpsum/SIP | ₹5,000/₹1,000 |
| Exit Load | 0% |
| Lock In | No Lock-in |
TurnOver | 75.26% |
| Risk |   Low Risk |
About HSBC Overnight Fund - IDCW Direct Daily
HSBC Overnight Fund - IDCW Direct Daily is a debt fund. This fund was started on 22 May, 2019. The fund is managed by Rahul Totla, Abhishek Iyer. This fund is suitable to keep your money safe.
Key Parameters
- HSBC Overnight Fund - IDCW Direct Daily has ₹2589 Cr worth of assets under management (AUM) as on Apr 2026 and is more than category average.
- The fund has an expense ratio 0.1.
Returns
HSBC Overnight Fund - IDCW Direct Daily has given a CAGR return of 4.62% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 5.18%, 5.87% and 5.20% respectively.
Holdings
HSBC Overnight Fund - IDCW Direct Daily has allocated its funds majorly in Cash Equivalent. Its top holdings are Tbill, Tbill, Tbill
Taxation
As it is a overnight mutual fund the taxation is as follows:If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:Invested before 1 April 2023 and held for less than 24 months, STCG will be taxed at your income slab rate.Invested before 1 April 2023 and held for more than 24 months, LTCG will be taxed at 12.5%.Invested after 1 April 2023, capital gains will be taxed at your income slab rate.Dividends will always be taxed at slab rate.
Investment objective of HSBC Overnight Fund - IDCW Direct Daily
The scheme aims to offer reasonable returns commensurate with low risk and high degree of liquidity through investments in overnight securities. However, there is no assurance that the investment objective of the Scheme will be achieved.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 1000.00. HSBC Overnight Fund - IDCW Direct Daily has no lock in period.
Fund Manager
Rahul Totla
Fund Manager of HSBC Overnight Fund - IDCW Direct Daily, since 1 January 2026
Abhishek Iyer
Fund Manager of HSBC Overnight Fund - IDCW Direct Daily, since 1 April 2025
- AUM of the fund stands at 4.4K Cr as of Mar'26
- AUM has remained same between Mar'26 and Feb'26
Frequently Asked Questions for HSBC Overnight Fund - IDCW Direct Daily
How do I invest in HSBC Overnight Fund - IDCW Direct Daily?
- Download the INDmoney app.
- Search for ‘HSBC Overnight Fund - IDCW Direct Daily’.
- Select whether you want to invest in SIP or lump sum.
- Enter the amount you wish to invest.
- Set up payments via bank mandate or UPI.