HSBC Overnight Fund - IDCW Direct Daily
HSBC Overnight Fund - IDCW Direct Daily

HSBC Overnight Fund - IDCW Direct Daily

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Debt
Direct
Overnight

NAV: ₹ 1000 as on 23-03-2023

Fund Performance

HSBC Overnight Fund - IDCW Direct Daily Performance as on (23-Mar-23)

Return
1M
3M
6M
1Y
3Y
HSBC Overnight Fund - IDCW Direct Daily
0.5%
1.6%
3.1%
5.4%
3.7%
Overnight Index
-
-
-
-
-

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

Expense ratio
Expense ratio
0.1%
Benchmark
Benchmark
CRISIL Liquid Fund TR INR
AUM
AUM
₹4592 Cr
Inception Date
Inception Date
22 May, 2019
Min Lumpsum/SIP
Min Lumpsum/SIP
₹5000/₹1000
Exit Load
Exit Load
0%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
6.25%

Fund Distribution as on (28-Feb-23)

  • Debt & Cash 100%

Sector Allocation

Feb'23

Jan'23

Dec'22

Cash Equivalent

100%

Top Holdings of HSBC Overnight Fund - IDCW Direct Daily as on (28-Feb-23)

  • Debt & Cash

Debt Holdings5
Holdings
Weight%
Holdings Trend
1M Change
Reverse Repos
Reverse Repos
69.53%
0%
Treps
Treps
25.95%
0%
364 Dtb 02022023
364 Dtb 02022023
2.36%
0%
7.10% Govt Stock 2029
7.10% Govt Stock 2029
1.96%
100%
Net Current Assets (Including Cash & Bank Balances)
Net Current Assets (Including Cash & Bank Balances)
0.19%
0%

HSBC Overnight Fund - IDCW Direct Daily: Monthly Changes Updates

All changes are between Dec'22 and Feb'23

Fund Performance

Feb'23
Jan'23
Dec'22
Fund Returns
0.50%
0.54%
0.50%
Overnight Index
0.41%
0.44%
0.49%
  • 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

Parameters
Feb'23
Jan'23
Dec'22
AUM
₹ 4.6K Cr
₹ 4.6K Cr
₹ 4.6K Cr
  • AUM of the fund stands at 4.6K Cr as of Feb'23
  • AUM has remained same between Feb'23 and Jan'23

HSBC Overnight Fund - IDCW Direct Daily Fund Manager

Kapil Punjabi

Kapil Punjabi

Fund Manager of HSBC Overnight Fund - IDCW Direct Daily, since 21 November 2019
Mahesh Chhabria

Mahesh Chhabria

Fund Manager of HSBC Overnight Fund - IDCW Direct Daily, since 25 November 2022

Fund Highlights

Risk meter
pointer

Low Risk

Investors understand that their principal will be at Low Risk
About the fund

About the fund

This fund has delivered an average annual returns of 3.59% since inception which is more than its category average return of 3.25%
AUM size ₹4592 Cr

AUM size ₹4592 Cr

This fund has AUM of ₹4592 Cr which is more than its category average of ₹ 3774 Cr
Expense Ratio 0.1%

Expense Ratio 0.1%

This fund has an expense ratio of 0.1% which is less than its category average expense ratio of 0.15%

Frequently Asked Questions

The current NAV of HSBC Overnight Fund - IDCW Direct Daily is 1000.01 as on 23-Mar-2023.
Existing (Absolute + CAGR)
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%
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 February 2023
4592 Cr as on February 2023
Kapil Punjabi,Mahesh Chhabria are the fund managers of HSBC Overnight Fund - IDCW Direct Daily
The Exit load of HSBC Overnight Fund - IDCW Direct Daily is 0%

Mutual Fund execution provided by

BSE Star MF

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.