3 Year return

Launched on May 2019 (5 years)

Investment Details


Minimum SIP Amount


Minimum one time investment

Fund has no lock-in period

Calculate Returns

Based on past performance of this fund


Your Investment ₹3,00,000
  • Total Value


Your Investment
  • Total Value

Risk Involved

Low Risk

Your principal will be at

Low Risk

Scheme Information

Asset Under Management

₹2944.99 Cr.

Expense Ratio

0.06% (inclusive of GST)

Exit Load



ARQ Rating

Ratings by other agencies


Tax Implications

Withdrawal within 3 years

Tax based on your income tax bracket

Withdrawal after 3 years

20% tax after indexation (adjusting for inflation)

Fund Holdings


HSBC Mutual Fund Managers


Kapil Punjabi

Fund Manager since Apr 2022

View Details

Fund House Details

HSBC Mutual Fund

HSBC Mutual Fund Asset management company

AUM ₹109,951.37 Cr.
No. of Schemes 164
Setup Date NA

Peer Comparison

Comparison with other similar funds

Schemes by HSBC Mutual Fund

List of mutual fund schemes by AMC

Funds 3 Years Returns
scheme logo

Hybrid . Aggressive Hybrid Fund

HSBC Aggressive Hybrid Fund Direct IDCW Payout

scheme logo

Hybrid . Aggressive Hybrid Fund

HSBC Aggressive Hybrid Fund Direct Growth


About HSBC Overnight Fund Direct Growth

The HSBC Overnight Fund Direct Growth is an open-ended debt mutual fund managed by HSBC Mutual Fund. It is a very low-risk fund that aims to generate income by investing in overnight debt securities. Overnight debt securities are short-term debt instruments that mature within one day. This means that the fund is not exposed to interest rate risk, as the interest rates on overnight debt securities are very stable. The expense ratio of the HSBC Overnight Fund Direct Growth is lower than the category average. This means that the fund charges lower fees, which can help to improve your returns.

Investment Objectives of the Scheme

The investment objective of the HSBC Overnight Fund Direct Growth is to offer reasonable returns commensurate with low risk and high degree of liquidity through investments in overnight securities.

Key Features of The Fund

5-year return 4.82%
Expense Ratio 0.06%
Fund Manager Kapil Punjabi
Fund Size ₹2944.99 Cr
Risk Profile Low

Is This Scheme Right for Me?

The HSBC Overnight Fund Direct Growth is suitable for investors who are looking for a very low-risk investment option with the potential to generate regular income. The fund is also suitable for investors who are looking to invest for the short term. It is not suitable for investors who need access to their money immediately. Ultimately, whether or not the HSBC Overnight Fund Direct Growth is a good investment for you will depend on your individual circumstances and investment goals. It is important to do your own research before investing in any mutual fund.

AMC Contact Details

Name HSBC Mutual Fund
Launch Date May 2002
Addresss HSBC Asset Management (India) Pvt. Ltd. 9-11 Floors, NESCO IT Park, Building no. 3, Western Express Highway, Goregaon (East), Mumbai – 400 063.
Contact 1800-200-2434 / 1800 4190 200
Email investor.line@mutualfunds.hsbc.co.in
Website https://www.assetmanagement.hsbc.co.in/en/mutual-funds

Disclaimer: Mutual funds are subject to market risk. Read all scheme-related documents carefully to make informed-decision.

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What is today's NAV of HSBC Overnight Fund?

NAV, or Net Asset Value, is the price of a single unit of a mutual fund. It is calculated by dividing the current value of holdings held by the mutual fund scheme at the end of the day by the total number of units issued. The NAV changes every day. The NAV of HSBC Overnight Fund Jun 23 2024 is 1271.6676

What is the AUM of HSBC Overnight Fund?

Short for Asset Under Management, AUM means the total assets held by a mutual fund scheme. The AUM of the fund changes every day based on the fluctuation in the price of the underlying assets. Fund houses don't update AUM on a daily basis. They only update it at the end of the month and release it within a few days of the following month. The AUM of HSBC Overnight Fund is 2944.99 crore.

What is the expense ratio of HSBC Overnight Fund?

The expense ratio is the annual charges you pay to the mutual fund house for managing your investments. It is a percentage of Assets Under Management. It is deducted from the fund’s returns. The expense ratio of HSBC Overnight Fund is 0.06%

What are the returns of HSBC Overnight Fund since inception?

The HSBC Overnight Fund was launched on May 21 2019. The fund has delivered a CAGR of 4.83 since inception.

What is the minimum SIP amount to invest in HSBC Overnight Fund?

A Systematic Investment Plan (SIP) in mutual funds allows you to invest small amounts periodically instead of a one-time investment. The frequency of investment can be monthly, quarterly, half-yearly or annually, as per your convenience. The minimum SIP for HSBC Overnight Fund is 1000.

How do I invest in HSBC Overnight Fund?

  1. Make sure you are logged in to Angel One.
  2. Select the type of investment: SIP or one-time.
  3. In case of an SIP, select the amount and date and click ‘Start SIP’. In case of a one-time investment, enter just the amount.
  4. Proceed by clicking the pay button and choosing your mode of payment.
  5. Your portfolio will be updated with this investment in 3-5 working days.

How to start an SIP in HSBC Overnight Fund?

  1. Click on the ‘Invest’ button.
  2. Enter your desired SIP amount and the SIP date.
  3. You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
  4. Choose your payment method between UPI and Net Banking.
  5. Make your payment.
  6. Your SIP is created.

How do I automate an SIP in HSBC Overnight Fund?

  1. Once you create an SIP, click on ‘Set up autopay’
  2. Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
  3. Once you verify the OTP, your mandate request will be created.

How can I withdraw/redeem my investment in HSBC Overnight Fund?

  1. Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
  2. Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
  3. Verify the details on the ‘Confirm withdraw’ screen.
  4. Select the bank account in which you want to receive the funds.
  5. You will receive your funds within three working days of placing the order.
  6. You can track your order in the ‘Orders’ section.