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  • HSBC Mutual Funds
  • HSBC Overnight Fund IDCW (RIDCW-M)

Formerly HSBC Overnight Reg Wk DR

HSBC Mutual Funds

HSBC Overnight Fund IDCW (RIDCW-M)

DebtOvernight

1000.4428

NAV (Dec 05)

0.1%
Till Date CAGR
Scripbox Opinion

Neutral

Click here for top ranked funds in overnight mutual funds.

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.

Scripbox does not recommend investing in the dividend option of a fund because dividends are taxable at a higher rate than withdrawals.

Our analysis of this fundLearn how we rate funds ->

Track Record

2 Years. The Fund has a Short history for analysis. We recommend funds with longer history.

Relative Size

757 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

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Short Term Money

Short Term Money

Invest in a scientifically curated set of debt mutual funds which are best aligned towards achieving any short term objectives you may have.

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    Historical growth rate of 6.5% per annum
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    Recommended Duration 1 - 5 years
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    No Lock-in
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    Expert Investing Only, Car, Down Payment

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Historical NAV

1000.4428

NAV (Dec 5)

Fund Returns

Last 1Y

NA

Last 3Y

NA

Last 5Y

NA

Last 10Y

NA

Since Inception

0.1%

6 Month CAGR

NA

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Scheme Information

Investment Objective

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.

Low

Low to Moderate

Moderate

Moderately High

High

Very High

Low Risk

Expense Ratio

0.26

Launched (2y ago)

Aug 05, 2019

AUM in Crores

756.249

ISIN

INF336L01ON0

Lock-in

No Lock-in

Benchmark

CRISIL Overnight Index TR INR

SIP Minimum

1000

Lumpsum Min.

5000

Fund Managers
user-avatar

Kapil Punjabi

Fund Manager

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Returns Calculator Comparison

of

for

with step up of

InstrumentReturnsTotal CorpusGainsAnnualised %
Mutual Fund70%₹ 9,65,796 ₹ 2,33,18411.25%
EPF70% ₹ 9,00,761 ₹ 1,68,1498.50%
Property70% ₹ 8,67,662 ₹ 1,35,0507.00%
PPF70% ₹ 8,69,819 ₹ 1,37,2077.10%
Bank FD70% ₹ 8,46,471 ₹ 1,13,8596.00%
Gold70% ₹ 8,46,471 ₹ 1,13,8596.00%
Savings Bank70% ₹ 8,25,950 ₹ 93,3385.00%

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.

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Short Term Money

Invest in a scientifically curated set of debt mutual funds which are best aligned towards achieving any short term objectives you may have.

  • Inflation beating returns
    Inflation beating returns
  • Expert Investing Only, Car, Down Payment
    Expert Investing Only, Car, Down Payment
  • One click investing  tracking
    One click investing tracking
comparison

Comparison with Debt Funds

Fund NameScripbox OpinionFund SizeTrack Record
Kotak Savings Fund (G)

Kotak Savings Fund (G)

₹ 13,499 cr

5

₹ 33,567 cr

5

₹ 11,691 cr

5

₹ 27,296 cr

5

₹ 31,118 cr

5

amc-icon

About the AMC

HSBC Asset Management(India)Private Ltd

HSBC Asset Management(India)Private Ltd manages assets worth 13,344 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.

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  • tel-amc-about
    022-66145000
  • mail-amc-about
    hsbcmf@camsonline.com
  • Fund NameScripbox Opinion
    Till Date CAGR

    4.4%

    5.4%

    4.7%

    7.2%

    3.9%

    6%

    -

    0%

    4.4%

    5.4%

    growth

    Short Term Money

    Invest in a scientifically curated set of debt mutual funds which are best aligned towards achieving any short term objectives you may have.

    • graph-icon-gray
      Historical growth rate of 6.5% per annum
    • graph-icon-gray
      Recommended Duration 1 - 5 years
    • graph-icon-gray
      No Lock-in
    • graph-icon-gray
      Expert Investing Only, Car, Down Payment
    • graph-icon-gray
      One-click investing and tracking
    • graph-icon-gray
      Zero fees for all your investments
    Kotak Savings Fund (Growth)

    Kotak Savings Fund (Growth)

    Debt

    Ultra Short

    ICICI Prudential Savings Fund (Growth)

    ICICI Prudential Savings Fund (Growth)

    Debt

    Low Duration

    Tata Liquid Fund (Growth)

    Tata Liquid Fund (Growth)

    Debt

    Liquid

    How does Scripbox rate funds?

    Proprietary 4-step system to rate mutual funds

    We use a proprietary system to rate mutual funds and based on that make a recommendation or rate the fund as top ranked.

    What Scripbox recommendations mean?
    Scripbox algorithm recommends 2-4 funds for investment for an investment asset class such as large cap, diversified, liquid etc. When you invest for an objective, the algorithm suggests the appropriate asset class and funds.
    Track Record

    Track Record

    We look at consistent and long historical performance for our analysis.

    Fund Size

    Fund Size

    We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.

    Sub-asset Class View

    Sub-asset Class View

    We check if the sub-category of the fund is recommended by us.

    Fund Performance

    Fund Performance

    Consistency of performance over various tenures is analysed for a relative performance stack.

    Track Record

    Track Record

    We look at consistent and long historical performance for our analysis.

    Fund Size

    Fund Size

    We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.

    Impact of Interest Rates

    Impact of Interest Rates

    We check the relative interest rate risk of the sub-category of the fund. Lower the better.

    Credit Attractiveness

    Credit Attractiveness

    We check the credit quality of the underlying instruments present in the fund. Higher the better.

    Equity Funds

    Debt Funds

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    About HSBC Overnight Fund IDCW (RIDCW-M)

    About HSBC Overnight Fund IDCW (RIDCW-M)

    HSBC Overnight Fund IDCW (RIDCW-M) is a Overnight Debt fund and has delivered an annualised return of 0.1% over a period of 2 years. The fund was previously known as HSBC Overnight Reg Wk DR . The fund is managed by HSBC Asset Management(India)Private Ltd. The fund manager’s name is Kapil Punjabi

    HSBC Overnight Fund IDCW (RIDCW-M) Investment Objective

    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. . However, there is no assurance that the objective of the scheme will be realized.

    HSBC Overnight Fund IDCW (RIDCW-M) NAV,AUM,Risk

    The HSBC Overnight Fund IDCW (RIDCW-M) fund was launched on Aug 05, 2019. The NAV (Net Asset Value) of this Overnight Debt fund as of 2021-12-05 is ₹1000.44. The total AUM (Asset Under Management) of the fund as of 06/12/2021 is ₹756.249. The category risk of the HSBC Overnight Fund IDCW (RIDCW-M) fund is Low Risk. The fund charges 0.26 % as expense ratio.

    HSBC Overnight Fund IDCW (RIDCW-M) Holdings

    The fund’s highest allocation is towards Others and has invested 100% in this asset class. The top three holdings of the fund are , reverse repos , treps , net current assets (including cash & bank balances)

    HSBC Overnight Fund IDCW (RIDCW-M) Sip

    The minimum SIP (Systematic Investment Plan) amount for this 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.

    HSBC Overnight Fund IDCW (RIDCW-M) Investment volatility and Horizon

    This fund 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 IDCW (RIDCW-M) Review

    HSBC Overnight Fund IDCW (RIDCW-M) has a score of 3 on a scale of 5. The fund has a score of 2 out of 5 based on historical performance. As compared to the other funds in its category, HSBC Overnight Fund IDCW (RIDCW-M) has a score of 3out of 5 The credit risk of the fund is 5 out of 5 as compared to other debt funds.

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