HSBC Overnight Fund - IDCW Direct Daily

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 12 May 2025

4.53%/per year

Since Inception

Absolute Gain%

Fund Performance

as on (12-May-25)

Period
This Fund
Overnight Index
1 Month
0.41%
-
3 Months
1.38%
-
6 Months
3.07%
-
1 Year
6.04%
-
3 Years
6.07%
-
5 Years
4.77%
-

Peer comparison

HSBC Overnight Fund - IDCW Direct Daily Returns Calculator

Calculate SIP and lumpsum returns based on historical performance

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Total Investment

0

Profit


Total Corpus

0

Absolute Return

HSBC Overnight Fund - IDCW Direct Daily Asset Allocation

as on (31-Dec-69)

Fund Distribution

as on (31-Dec-69)

Debt & Cash 100%

AAA
100%

HSBC Overnight Fund - IDCW Direct Daily Sector Allocation

as on (31-Dec-69)

Sector Allocation

Debt & Cash 100%

Cash Equivalent
94.5%
Government
5.5%

Top Sector in March was Government

Mar'25

Government

2%

Feb'25

Government

1%

HSBC Overnight Fund - IDCW Direct Daily Holdings Details

as on (30-Apr-25)

Debt & Cash

Holdings
Weight%
1M Change
91 DTB 17042025
4.78%
0%
182 DTB 24042025
2.39%
0%
91 Days Tbill Red 24-04-2025
1.19%
0%

HSBC Overnight Fund - IDCW Direct Daily Overview

Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.

Expense ratio0.06%
Benchmark
Nifty 1D Rate TR INR
AUM₹3553 Cr
Inception Date22 May, 2019
Min Lumpsum/SIP₹5000/₹1000
Exit Load0%
Lock InNo Lock-in
TurnOver
119.51%
STCGSelling mutual fund within 36 months, gains taxed at slab rates.
LTCGHolding over 3 years, gains taxed at slab rates without indexation.
Risk
Risk meter
pointer
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 . This fund is suitable to keep your money safe.

Key Parameters

  1. HSBC Overnight Fund - IDCW Direct Daily has ₹3553 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.

Returns

HSBC Overnight Fund - IDCW Direct Daily has given a CAGR return of 4.53% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 6.04%, 6.07% and 4.77% respectively.

Holdings

HSBC Overnight Fund - IDCW Direct Daily has allocated its funds majorly in Cash Equivalent. Its top holdings are 91 DTB 17042025, 182 DTB 24042025, 91 Days Tbill Red 24-04-2025

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.

Learn more about HSBC Mutual Fund
Parameters
Mar'25
Feb'25
Jan'25
AUM
₹ 3.1K Cr
₹ 3.1K Cr
₹ 2.2K Cr
  • AUM of the fund stands at 3.1K Cr as of Mar'25
  • AUM has remained same between Mar'25 and Feb'25

Frequently Asked Questions for HSBC Overnight Fund - IDCW Direct Daily

What is the current NAV of HSBC Overnight Fund - IDCW Direct Daily?

The current NAV of HSBC Overnight Fund - IDCW Direct Daily is ₹1000.01 as on 12-May-2025.

What are the average returns of HSBC Overnight Fund - IDCW Direct Daily?

Existing (Absolute + CAGR) as on 12-May-2025.
HSBC Overnight Fund - IDCW Direct Daily
Absolute Returns
CAGR Returns
1 Month Returns
0.41%
0.41%
6 Month Returns
3.07%
3.07%
1 Year Returns
6.04%
6.04%
3 Years Returns
19.33%
6.07%

How do I invest in HSBC Overnight Fund - IDCW Direct Daily?

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.

What is the expense ratio of HSBC Overnight Fund - IDCW Direct Daily?

0.06% as on April 2025

What is net assets under management (AUM) of HSBC Overnight Fund - IDCW Direct Daily?

₹3553 Cr as on April 2025

What is the yield to maturity ratio of HSBC Overnight Fund - IDCW Direct Daily?

Yield to Maturity is 7.07 as on April 2025. 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.

What is the modified duration of HSBC Overnight Fund - IDCW Direct Daily?

Modified Duration is 0.01 as on April 2025. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.

What is the credit rating breakup of HSBC Overnight Fund - IDCW Direct Daily?

AAA
100

What is the exit load of HSBC Overnight Fund - IDCW Direct Daily?

The Exit load of HSBC Overnight Fund - IDCW Direct Daily is 0%