HSBC Overnight Fund - Direct (IDCW-D) RI


Overnight Fund
  • NAV 1000.01 (0%)
  • Fund Size (Cr) ₹2944.99
  • Expense Ratio 0.06
  • Scheme Type Active Fund
  • Value Research Stars
  • Minimum investment ₹100000
  • Minimum Additional Investment ₹0
  • Minimum SIP Investment ₹500
  • Minimum Withdrawal ₹1000
  • Exit Load 0%
  • Return Since Launch 4.62%

Basic Details

Scheme Manager
Kapil Punjabi
Bench Mark
Nifty 1D Rate Index
Type
OPEN

Lumpsum Returns

  • Period Invested For
  • ₹10000 Invested on
  • Latest Value
  • Absolute Returns
  • Annualised Returns
  • Category Avg
  • Rank within Category
  • 1 Week
  • 05-Jun-24
  • 10011.15
  • 0.11%
  • -
  • 0.10%
  • 193/275
  • 1 Month
  • 12-May-24
  • 10051.97
  • 0.52%
  • -
  • 0.47%
  • 173/275
  • 3 Month
  • 12-Mar-24
  • 10151.84
  • 1.52%
  • -
  • 1.45%
  • 198/275
  • 6 Month
  • 12-Dec-23
  • 10306.62
  • 3.07%
  • -
  • 2.99%
  • 210/274
  • 1 Year
  • 12-Jun-23
  • 10633.50
  • 6.34%
  • 6.34%
  • 6.13%
  • 190/247
  • 3 Year
  • 11-Jun-21
  • 11652.61
  • 16.53%
  • 5.23%
  • 5.30%
  • 136/178
  • 5 Year
  • 12-Jun-19
  • 12521.83
  • 25.22%
  • 4.60%
  • 5.43%
  • 79/93
  • Since Inception
  • 22-May-19
  • 12570.65
  • 25.71%
  • 4.62%
  • 5.84%
  • 203/275

Note: Lumpsum Returns since Inception Date.

SIP Returns

  • Period Invested For
  • ₹10000 Invested on
  • Investments
  • Latest Value
  • Absolute Returns
  • Annualised Returns
  • 1 Year
  • 02-Jul-23
  • 120000
  • 150898.57
  • 25.75%
  • 25.75%
  • 3 Year
  • 01-Jul-21
  • 360000
  • 452701.43
  • 25.75%
  • 7.94%
  • 5 Year
  • 01-Jul-19
  • 600000
  • 754505.44
  • 25.75%
  • 4.69%
  • 10 Year
  • -
  • -
  • -
  • -
  • -

Note: SIP Returns since Inception Date.

Tax Treatment

If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 10%, if your total long term capital gain exceeds 1 lakh. Any cess/surcharge is not included.If sold before 1 year from purchase date, short term capital gain tax will be applicable. Current tax rate is 15%. Any cess/surcharge is not included in the 15%.

Mutual Funds Calculator

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Risk Ratios

  • Standard Deviation
    0.12%
  • Beta
    0.95%
  • Sharpe Ratio
    -4.29%
  • Treynor’s Ratio
    11.20%
  • Jension’s Alpha
    -0.28%

Asset Allocation

There is no Asset Allocation data.

Sector Allocation

There is no Sector Allocation data.

Top 10 stock holding in portfolio

  • Stock Invested in
  • % of Total Holdings
  • Quantity
  • Value (Cr)
  • Asset Type
  • Segment
  • TBILL-91D
  • 2.54%
  • 7500000
  • 74.74
  • T Bills
  • T Bills
  • TBILL-91D
  • 2.53%
  • 7500000
  • 74.65
  • T Bills
  • T Bills
  • Reverse Repo
  • 68.55%
  • 0
  • 2018.70
  • Reverse Repo
  • Debt Others
  • TREPS
  • 26.22%
  • 0
  • 772.21
  • Reverse Repo
  • Debt Others
  • Net CA & Others
  • 0.16%
  • 0
  • 4.70
  • Net CA & Others
  • Debt Others

Peer Comparison

  • Scheme Name
  • Value Research
  • Asset Size (Cr)
  • 1M
  • 3M
  • 6M
  • 1Y
  • 3Y
  • HSBC Overnight Fund - Direct (IDCW-D) RI
  • Stars
  • 2944.99
  • 0.52%
  • 1.52%
  • 3.07%
  • 6.34%
  • 5.23%
  • PGIM India Overnight Fund - Direct (IDCW-D) RI
  • Stars
  • 48.07
  • 0.51%
  • 1.49%
  • 5.30%
  • 10.66%
  • 6.73%
  • Shriram Overnight Fund - Direct (IDCW-D) RI
  • Stars
  • 224.29
  • 0.55%
  • 1.53%
  • 5.01%
  • 10.59%
  • -
  • Invesco India Overnight Fund - Dir (IDCW-D) RI
  • Stars
  • 238.11
  • 0.72%
  • 1.92%
  • 4.58%
  • 8.78%
  • 6.23%
  • Nippon India Overnight Fund - Direct (IDCW-W)RI
  • Stars
  • 7082.62
  • 0.56%
  • 2.79%
  • 5.18%
  • 8.56%
  • 6.04%
  • Bandhan Overnight Fund - Direct (IDCW-D) RI
  • Stars
  • 1737.29
  • 0.67%
  • 2.09%
  • 4.17%
  • 8.44%
  • 6.82%

News

  • HSBC Corporate Bond Fund Announces change in Exit Load Structure HSBC Mutual Fund has announced that the exit load of the following scheme stands revised with effect from June 07, 2024 (?Effective Date'). The details of existing and revised exit load are as follows:

    Change in Exit Load:

    Name of the Scheme Existing Exit Load Revised Exit Load
    HSBC Corporate Bond Fund Exit Load: If the amount sought to be redeemed or switched out on or before 3 months from the date of allotment: 0.50%.

    If the amount sought to be redeemed or switched out is invested for a period of more than 3 months from the date of allotment: Nil

    Nil

    Powered by Capital Market - Live News

  • HSBC MF Announces change in benchmark index under its schemes HSBC Mutual Fund has announced change the benchmark index for the following schemes, with effect from 01 June 2024. Accordingly, the revised benchmark index will be:

    Change in name of Benchmark of HSBC Managed Solutions India - Growth

    Name of the Schemes Existing Benchmark Revised Name of Benchmark
    HSBC Managed Solutions India - Growth Composite Index constituting 80% of S&P BSE 200 TRI Index and 20% of CRISIL Composite Bond Index Composite Index constituting 80% of BSE 200 TRI Index and 20% of CRISIL Composite Bond Index
    HSBC Managed Solution India - Conservative Composite Index constituting 10% of S&P BSE 200 TRI Index and 90% of CRISIL Composite Bond Index Composite Index constituting 10% of BSE 200 TRI Index and 90% of CRISIL Composite Bond Index
    HSBC Multi Asset Allocation Fund S&P BSE 200 TRI (65%) + NIFTY Short Duration Debt Index (20%) + Domestic Price of Gold (10%) + Domestic Price of Silver (5%) BSE 200 TRI (65%) + NIFTY Short Duration Debt Index (20%) + Domestic Price of Gold (10%) + Domestic Price of Silver (5%)
    HSBC Balanced Advantage Fund S&P BSE Sensex TRI (Additional Benchmark) BSE Sensex TRI (Additional Benchmark)
    HSBC Nifty 50 Index Fund S&P BSE Sensex TRI (Additional Benchmark) BSE Sensex TRI (Additional Benchmark)

    Powered by Capital Market - Live News

  • HSBC MF Announces Income Distribution cum Capital Withdrawal (IDCW) under three schemes HSBC Mutual Fund has announced 27 May 2024 as the record date for declaration of Income Distribution cum Capital Withdrawal (IDCW) under the following schemes. The amount of distribution (Rs per unit) on the face value of Rs 10 per unit will be:

    HSBC Aggressive Hybrid Fund ? Regular Plan - IDCW Option : 0.210

    HSBC Aggressive Hybrid Fund - Direct Plan - IDCW Option : 0.240

    HSBC Balanced Advantage Fund ? Regular Plan - IDCW Option : 0.125

    HSBC Balanced Advantage Fund - Direct Plan - IDCW Option : 0.145

    HSBC Small Cap Fund ? Regular Plan - IDCW Option : 4.000

    HSBC Small Cap Fund - Direct Plan - IDCW Option : 4.000

    Powered by Capital Market - Live News

Fund House Details & Investment Objective

  • Date of Incorporation 21-May-2019
  • Total AUM (Cr) ₹2944.99

HSBC Overnight Fund - Direct (IDCW-D) RI is an Overnight Fund-oriented fund from the renowned AMC, HSBC Mutual Fund. Launched in May 2019, this fund is managed by Kapil Punjabi. With assets under management (AUM) worth ₹2944.99 (Cr), as of 13-Jun-2024, HSBC Overnight Fund - Direct (IDCW-D) RI is categorized as a Overnight Fund within its segment. The fund has generated a return of 4.62% since its launch.
The current NAV of HSBC Overnight Fund - Direct (IDCW-D) RI is ₹1000.01, as on 13-Jun-2024. The fund’s benchmark index is Nifty 1D Rate Index. You can invest in HSBC Overnight Fund - Direct (IDCW-D) RI via both lumpsum and SIP modes. The minimum SIP amount in the fund is ₹500 while the minimum lumpsum investment is ₹100000.
Being an open-ended fund, you can exit the fund anytime subject to applicable exit loads:
Exit load is not applicable
The fund has generated 5.23% and 4.60% CAGR in the last 3 and 5 years respectively.

The fund aims to provide long-term capital appreciation and growth, by investing in a mix of financial instruments , 99.84% in Debt and 0.16% in cash and cash equivalents

FAQs on HSBC Overnight Fund - Direct (IDCW-D) RI

HSBC Overnight Fund - Direct (IDCW-D) RI is a popular fund in the Overnight Fund segment. The fund has generated a return of 4.62% since inception. Looking to invest in HSBC Overnight Fund - Direct (IDCW-D) RI? How about earning 1% extra return? All this is possible with m.Stock! Investing in HSBC Overnight Fund - Direct (IDCW-D) RI is super easy and convenient with m.Stock. Here’s how you can begin:

  • Login to your m.Stock account. If you do not have an account, open m.Stock Demat account and enjoy 1% extra returns plus Zero Brokerage across products for life.
  • In the ‘Menu’ section, under ‘Products’, select ‘Mutual Funds’ .
  • In the search bar, enter the fund name, in this case, HSBC Overnight Fund - Direct (IDCW-D) RI
  • On the top right corner you’ll see two options – Lumpsum and SIP. You can choose either based on your risk appetite and available investible corpus.
  • If you choose to invest a Lumpsum: Enter amount, select payment mode (UPI or Netbanking), and click on ‘invest a lumpsum’. Make the payment and your lumpsum investment is complete.
  • If you choose the SIP route, then enter SIP amount, SIP date, and set up ‘Autopay’ facility.

So, why wait? Invest in HSBC Overnight Fund - Direct (IDCW-D) RI today and reap the benefits of this Overnight Fund fund!

In the short term, i.e., 1 year, HSBC Overnight Fund - Direct (IDCW-D) RI has generated annualised return of 6.34%. In the long-term, the fund has generated 5.23% and 4.60% in 3 and 5 years respectively. Since its inception, the fund has generated 4.62% returns.

The expense ratio of HSBC Overnight Fund - Direct (IDCW-D) RI Direct Growth is 0.06%. Expense ratio is the fees payable by investors of the scheme towards management, research and overall upkeep of the fund. The higher the expense ratio, the lower is the in-hand return for the investor. Expense ratio for direct plans is lower than regular plans, making them ideal for investors.

The Assets Under Management (AUM) of HSBC Overnight Fund - Direct (IDCW-D) RI is ₹2944.99 (Cr) as of 13 June 2024. AUM shows the fund’s popularity and is often indicative of fund strength.

Redeeming or selling units of HSBC Overnight Fund - Direct (IDCW-D) RI is relatively simple. But before you redeem, ensure that the fund has completed the minimum lock-in period else you will be charged an exit load.

To redeem from HSBC Overnight Fund - Direct (IDCW-D) RI:

  • Login to your m.Stock account
  • In portfolio, your mutual fund investments will be visible under ‘MF’
  • Select the fund you wish to redeem from (in this case HSBC Overnight Fund - Direct (IDCW-D) RI).
  • Click on ‘Redeem’ button
  • You have 2 options – redeem by units and redeem by value (you can only redeem free units)
  • Select units to be redeemed and click on submit.
  • Redemption value will be credited to your account in 2-3 working days (as per timelines set by SEBI).

Yes, you can invest both lumpsum and SIP in HSBC Overnight Fund - Direct (IDCW-D) RI. Minimum lumpsum investment HSBC Overnight Fund - Direct (IDCW-D) RI is ₹100000 and minimum SIP amount is ₹500. Lumpsum option is ideal for investors with higher investible corpus and market experience. SIP option is recommended for retail investors who do not have the time or expertise to time the market.

The latest NAV (Net Asset Value) of HSBC Overnight Fund - Direct (IDCW-D) RI is ₹1000.01 as on 13 June 2024.

The 5 biggest stock holdings of HSBC Overnight Fund - Direct (IDCW-D) RI are:
TBILL-91D (2.54%), TBILL-91D (2.53%), Reverse Repo (68.55%), TREPS (26.22%), Net CA & Others (0.16%)

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