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.
Investment Duration5 years
7,32,612
Total Investment97,715
Wealth Gained8,30,327
Total Corpus Created (₹)
With CAGR of 5.216 % in 5 years₹ 1360.7868
NAV (Jul 29)
Last 1Y | 6.3% |
Last 3Y | 6.5% |
Last 5Y | 5.2% |
Last 10Y | - |
Since Inception | 5.1% |
6 Month CAGR | 2.9% |
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 | - |
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.
Others
62.44%Others
34.23%Reserve Bank of India
3.27%Others
0.06%Fund Name | Fund Size | |
---|---|---|
₹ 4,818 cr | ||
₹ 4,537 cr | ||
₹ 9,709 cr | ||
₹ 49,517 cr | ||
₹ 15,321 cr |
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% |
Investment Duration5 years
7,32,612
Total Investment97,715
Wealth Gained8,30,327
Total Corpus Created (₹)
With CAGR of 5.216 % in 5 yearsWhat is the expense ratio for HSBC Overnight Fund Direct Plan Growth?
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