However, Scripbox does not recommend investing in overnight mutual funds.
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.
3 Years. The Fund has a Short history for analysis. We recommend funds with longer history.
487 Cr. Medium within the category
Impact of Interest Rate Changes
Lowest Interest Rate Risk. The impact on fund value is very low when interest rates change
Credit Quality Of Fund's Portfolio
Lowest Credit Risk. The fund has a very high credit quality compared to other debt funds
NAV (Jun 23)
6 Month CAGR
The scheme aims to offer reasonable returns commensurate with low risk and high degree of liquidity through investments in overnight securities. However,there is no assurance that the investment objective of the Scheme will be achieved.
Launched (3y ago)
May 22, 2019
AUM in Crores
CRISIL Overnight Index TR INR
with step up of
|Instrument||Returns||Total Corpus||Gains||Annualised %|
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.
91 Days Treasury Bill 26-05-20224.1%
net current assets (including cash & bank balances)0.4%
|Fund Name||Scripbox Opinion||Fund Size||Track Record|
₹ 44,308 cr
₹ 14,441 cr
₹ 18,739 cr
₹ 12,059 cr
₹ 44,308 cr
HSBC Asset Management(India)Private Ltd
HSBC Asset Management(India)Private Ltd manages assets worth 14,163 crores and was set up on 12 December 2001. It's current offering of mutual fund schemes includes 20 equity,66 debt and 17 hybrid funds.
|Fund Name||Scripbox Opinion||Till Date CAGR|
HSBC Overnight Fund (G) is a Overnight Debt fund and has delivered an annualised return of 3.6% over a period of 3 years. The fund is managed by HSBC Asset Management(India)Private Ltd. The fund manager’s name is Kapil Punjabi.
Nav of HSBC Overnight Fund (G) as of 6/23/2022 is ₹1117.04 with the total AUM as of 6/24/2022 is ₹486.517. With Scripbox you can compare and check the latest nav for all mutual funds in India. HSBC Overnight Fund (G) was launched on May 22, 2019. The category risk of the fund is Low Risk.
The minimum SIP amount for HSBC Overnight Fund (G) is ₹1000 and you can increase this in multiples of ₹100. In case you want to invest a lump sum, the minimum amount to be invested is ₹5000. Check your estimated returns on mutual funds by using sip calculator.
HSBC Overnight Fund (G) is suited for investors looking to invest for 1-4 years. The asset class is less volatile than equity and the fund is likely to provide stable but slow growth. The fund is benchmarked to CRISIL Overnight Index TR INR.
HSBC Overnight Fund (G) is rated as a 3 fund in Debt and delivered 3.4% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with HSBC Overnight Fund (G).
What is HSBC Overnight Fund (G)?
How to invest in HSBC Overnight Fund (G)?
You can invest in HSBC Overnight Fund (G) through AMC, intermediaries, brokers or platforms like Scripbox. To learn step by step process visit how to invest in mutual funds?
What is the minimum sip amount of HSBC Overnight Fund (G)?
The minimum sip amount for HSBC Overnight Fund (G) is ₹1000. You can invest in multiples of ₹5000.
Is HSBC Overnight Fund (G) good to invest in?
As per Scripbox experts, HSBC Overnight Fund (G) is a Neutral fund. You can investHSBC Overnight Fund (G) fund if its investment objective and risk-o-meter matches your investment goals and risk preferences.
What is the expense ratio of the HSBC Overnight Fund (G)?
The expense ratio of the HSBC Overnight Fund (G) is 0.26% for regular plan.