3 Year return
5.99%Investment Details
Calculate Returns
Based on past performance of this fund
Risk Involved
Your principal will be at
Low Risk
Asset Under Management
₹2104.06 Cr.
Expense Ratio
0.06% (inclusive of GST)
Exit Load
Nil
Tax Implications
Tax on gains as per your income tax bracket
Fund Holdings
HSBC Mutual Fund Managers
KP
Kapil Punjabi
Fund Manager since Apr 2022
Fund House Details
HSBC Mutual Fund Asset management company
Peer Comparison
Comparison with other similar funds
Funds
|
3 Y Returns
|
ARQ Rating
|
---|---|---|
Mirae Asset Overnight Fund |
6% |
3.5 |
PGIM India Overnight Fund |
5.97% |
4 |
DSP Overnight Fund |
5.99% |
4.5 |
Schemes by HSBC Mutual Fund
List of mutual fund schemes by AMC
Hybrid . Aggressive Hybrid Fund
HSBC Aggressive Hybrid Fund Direct Growth
Hybrid . Aggressive Hybrid Fund
HSBC Aggressive Hybrid Fund Direct Annual IDCW Payout
Hybrid . Aggressive Hybrid Fund
HSBC Aggressive Hybrid Fund Direct Annual IDCW Reinvestment
Hybrid . Aggressive Hybrid Fund
HSBC Aggressive Hybrid Fund Direct IDCW Payout
Hybrid . Aggressive Hybrid Fund
HSBC Aggressive Hybrid Fund Direct IDCW Reinvestment
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 | 4.94% |
Expense Ratio | 0.06% |
Fund Manager | Kapil Punjabi |
Fund Size | ₹2104.06 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 |
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.
Plan Precisely and Prosper With SIP Calculator
FAQs
What is today's NAV of HSBC Overnight Fund?
What is the AUM of HSBC Overnight Fund?
What is the expense ratio of HSBC Overnight Fund?
What are the returns of HSBC Overnight Fund since inception?
What is the minimum SIP amount to invest in HSBC Overnight Fund?
How do I invest in HSBC Overnight Fund?
- Make sure you are logged in to Angel One.
- Select the type of investment: SIP or one-time.
- 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.
- Proceed by clicking the pay button and choosing your mode of payment.
- Your portfolio will be updated with this investment in 3-5 working days.
How to start an SIP in HSBC Overnight Fund?
- Click on the ‘Invest’ button.
- Enter your desired SIP amount and the SIP date.
- You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
- Choose your payment method between UPI and Net Banking.
- Make your payment.
- Your SIP is created.
How do I automate an SIP in HSBC Overnight Fund?
- Once you create an SIP, click on ‘Set up autopay’
- Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
- Once you verify the OTP, your mandate request will be created.
How can I withdraw/redeem my investment in HSBC Overnight Fund?
- Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
- Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
- Verify the details on the ‘Confirm withdraw’ screen.
- Select the bank account in which you want to receive the funds.
- You will receive your funds within three working days of placing the order.
- You can track your order in the ‘Orders’ section.