HSBC Overnight Fund - IDCW Direct Daily
NAV: ₹ 1000 as on 23-03-2023
HSBC Overnight Fund - IDCW Direct Daily Performance as on (23-Mar-23)
About the Fund
HSBC Overnight Fund - IDCW Direct Daily is a debt fund. This fund was started on 22 May, 2019. The fund is managed by Kapil Punjabi, Mahesh Chhabria. This fund is suitable to keep your money safe.
Key parameters
1) HSBC Overnight Fund - IDCW Direct Daily has a NAV of ₹1000.0067 as on 23-03-2023.
2) HSBC Overnight Fund - IDCW Direct Daily has ₹4592 Cr worth of assets under management (AUM) as on 31-01-2023 and is more than category average.
3) The fund has an expense ratio 0.1 %.
HSBC Overnight Fund - IDCW Direct Daily Overview
 | 0.1% |
 Benchmark | CRISIL Liquid Fund TR INR |
 | ₹4592 Cr |
 | 22 May, 2019 |
 | ₹5000/₹1000 |
 | 0% |
 | No Lock-in |
 TurnOver | 6.25% |
Fund Distribution as on (28-Feb-23)
Sector Allocation
Cash Equivalent
Top Holdings of HSBC Overnight Fund - IDCW Direct Daily as on (28-Feb-23)
Holdings | Weight% | Holdings Trend | 1M Change |
|---|---|---|---|
 Reverse Repos | 69.53% | 0% | |
Treps | 25.95% | 0% | |
364 Dtb 02022023 | 2.36% | 0% | |
7.10% Govt Stock 2029 | 1.96% | 100% | |
Net Current Assets (Including Cash & Bank Balances) | 0.19% | 0% |
HSBC Overnight Fund - IDCW Direct Daily: Monthly Changes Updates
Fund Performance
- This fund’s returns stands at 0.50% whereas the fund’s underlying benchmark Overnight Index returns stands at 0.41% as on Feb'23
- This fund outperformed Overnight Index by 0.09% in Feb'23
AUM Change
- AUM of the fund stands at 4.6K Cr as of Feb'23
- AUM has remained same between Feb'23 and Jan'23
Peer Analysis
HSBC Overnight Fund - IDCW Direct Daily Fund Manager
Kapil Punjabi
Top funds managed
Mahesh Chhabria
Top funds managed
Fund Highlights
Low Risk
About the fund
AUM size ₹4592 Cr
Expense Ratio 0.1%
Frequently Asked Questions
HSBC Overnight Fund - IDCW Direct Daily | Absolute Returns | CAGR Returns |
1 Month Returns | 0.48% | 0.48% |
6 Month Returns | 3.11% | 3.11% |
1 Year Returns | 5.4% | 5.4% |
3 Years Returns | 11.37% | 3.65% |
5 Years Returns | 0% | 0% |
- 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.
Mutual Fund execution provided by
Technology facilitation Services provided by Finzoom Investment Advisors Pvt. Ltd. - Advisory unit. SEBI Registered Investment Advisor: INA100012190 | BASL Registration No. 1154 | BSE StarMF Platform code: 24801
Disclaimer: Mutual Fund investments are subject to market risks, read all scheme related documents carefully. Past performance is not indicative of future returns.