- Mutual Funds
- HSBC Mutual Fund
- HSBC Overnight Fund Direct Growth
Overnight funds provides relative safety of capital with growth at par with inflation and is suitable for investment objectives with duration of 1-5 years or longer.
Overnight Funds invest in securities with a maturity of 1 day.
These investments have very low interest rate risk; however this also reduces return.
The category accounts for close to 7% of the total assets in the Debt fund assets primarily driven by corporates for whom this provides a better option than current account.Since most of the underlying holdings are Reverse Repos,funds in this category also score well on credit quality.We do not recommend funds in this category for individuals since we believe that liquid funds are a better option with similar credit & interest rate risk but higher return.
HSBC Overnight Fund Direct Growth Calculator
Investment Duration5 years
7,32,612
Total Investment97,715
Wealth Gained8,30,327
Total Corpus Created (₹)
With CAGR of 5.216 % in 5 yearsHistorical NAV
₹ 1360.7868
NAV (Jul 29)
Fund Returns
Last 1Y | 6.3% |
Last 3Y | 6.5% |
Last 5Y | 5.2% |
Last 10Y | - |
Since Inception | 5.1% |
6 Month CAGR | 2.9% |
Scheme Information
The scheme seeks to offer reasonable returns commensurate with low risk and high degree of liquidity through investments in overnight securities.
Expense Ratio | 0.06 % |
Launched 6Y ago | 2019-05-22 |
AUM in Crores | 2852.2 |
ISIN | INF336L01OF6 |
Lock-in (days) | No Lock-in |
Benchmark | NIFTY 1D Rate Index |
SIP Minimum | 1000 |
Lumpsum Min. | 5000 |
Standard Deviation | 0.3 |
Beta | 0.5 |
Sharpe Ratio | -0.2 |
YTM | - |
Returns Calculator Comparison
of
for
with step up of
| Asset | Returns | Total Corpus | Gains | CAGR |
|---|---|---|---|---|
| HSBC Overnight Fund Direct (G) | 8,30,327 | 97,715 | 5.2% | |
| EPF | 9,00,761 | 1,68,149 | 8.50% | |
| Property | 8,67,662 | 1,35,050 | 7.00% | |
| PPF | 8,69,819 | 1,37,207 | 7.10% | |
| Bank FD | 8,46,471 | 1,13,859 | 6.00% | |
| Gold | 8,46,471 | 1,13,859 | 6.00% | |
| Savings Bank | 8,25,950 | 93,338 | 5.00% |
Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.
Asset allocation and Holdings
Top Debt Holdings
Others
62.44%Others
34.23%Reserve Bank of India
3.27%Others
0.06%
Comparison with Debt Funds
| Fund Name | Fund Size | |
|---|---|---|
₹ 4,818 cr | ||
₹ 4,537 cr | ||
₹ 9,709 cr | ||
₹ 49,517 cr | ||
₹ 15,321 cr |
About the AMC
HSBC Mutual Fund
| Fund Name | Scripbox Opinion | Till Date CAGR | |
|---|---|---|---|
26.7% | 20% | ||
13.6% | 9.9% | ||
24% | 20.9% | ||
7.5% | 6.6% | ||
22.2% | 15.2% |
HSBC Overnight Fund Direct Growth Calculator
Investment Duration5 years
7,32,612
Total Investment97,715
Wealth Gained8,30,327
Total Corpus Created (₹)
With CAGR of 5.216 % in 5 yearsFrequently Asked Questions
What is the expense ratio for HSBC Overnight Fund Direct Plan Growth?
What is the current AUM of HSBC Overnight Fund Direct Growth?
What is the latest NAV of HSBC Overnight Fund Direct Growth?
What is the Riskometer rating for HSBC Overnight Fund Direct Plan Growth?
Which are the top sector holdings in HSBC Overnight Fund Direct Plan?
Which are the top stock holdings in HSBC Overnight Fund Direct Plan?
What is the asset allocation of HSBC Overnight Fund Direct Plan Growth?
What has been the performance of HSBC Overnight Fund Direct Growth returns?
Does HSBC Overnight Fund Direct Growth have a lock-in period?
Can I invest in both SIP and lump sum options in HSBC Overnight Fund Direct Plan Growth?
How to invest in HSBC Overnight Fund Direct Growth?
How can I redeem my investment in HSBC Overnight Fund Direct Plan?