HSBC Overnight Fund - Direct (IDCW-M)
Overnight FundNAV
1003.47(0.00%)Fund Size (CR)
₹4,766.05Expense Ratio
0.07Scheme Type
Active FundValue Research
-
Min. investment
₹5,000Minimum Additional Investment
₹0Minimum SIP Investment
₹500Minimum Withdrawal
₹1,000Exit Load
0%Return Since Launch
4.83%
Basic Details
Scheme Manager
Abhishek Iyer
Bench Mark
Nifty 1D Rate TRI
Type
OPEN
Lumpsum Returns
| Period Invested For | ₹10,000 Invested on | Latest Value | Absolute Returns | Annualised Returns | Category Avg | Rank within Category |
|---|---|---|---|---|---|---|
| 1 Week | August 14, 2026 | 10009.65 | 0.10% | - | 0.08% | 63/282 |
| 1 Month | July 21, 2026 | 10043.23 | 0.43% | - | 0.38% | 56/280 |
| 3 Month | May 21, 2026 | 10129.92 | 1.30% | - | 1.20% | 93/276 |
| 6 Month | February 21, 2026 | 10256.09 | 2.56% | - | 2.39% | 105/274 |
| 1 Year | August 21, 2025 | 10531.32 | 5.31% | 5.31% | 4.91% | 85/260 |
| 3 Year | August 21, 2023 | 11954.71 | 19.55% | 6.13% | 5.46% | 54/249 |
| 5 Year | - | - | - | - | - | -/- |
| Since Inception | July 15, 2021 | 12719.88 | 27.20% | 4.83% | 5.49% | 220/280 |
Note: Lumpsum Returns since Inception Date.
SIP Returns
| Period Invested For | ₹10,000 Invested on | Investments | Latest Value | Absolute Returns | Annualised Returns |
|---|---|---|---|---|---|
| 1 Year | September 1, 2025 | 1,20,000 | 153650.42 | 28.04% | 28.04% |
| 3 Year | September 1, 2023 | 3,60,000 | 460881.27 | 28.02% | 8.58% |
| 5 Year | December 9, 2021 | 5,20,000 | 665737.21 | 28.03% | 5.07% |
| 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%.
Risk Ratios
0.06%
Standard Deviation
0.99%
Beta
2.63%
Sharpe Ratio
-1.89%
Treynor's Ratio
0.00%
Jension's Alpha
Asset Allocation
Sector Allocation
Top 10 stock holding in portfolio
| Stock Invested in | % of Total Holdings | Quantity | Value (Cr) | Asset Type | Segment |
|---|---|---|---|---|---|
| There's no data available of Stock Holdings | |||||
Peer Comparison
| Scheme Name | Value Research | Asset Size (Cr) | 1M | 3M | 6M | 1Y | 3Y |
|---|---|---|---|---|---|---|---|
| HSBC Overnight Fund - Direct (IDCW-M) | 4766.05 | 0.43% | 1.30% | 2.56% | 5.31% | 6.13% | |
| Groww Overnight Fund - Direct (IDCW-D) RI | 26.61 | 0.61% | 2.42% | 4.46% | 9.03% | 7.04% | |
| DSP Overnight Fund - Direct (IDCW-D) RI | 3600.77 | 0.36% | 4.03% | 5.28% | 8.01% | 6.74% | |
| TRUSTMF Overnight Fund - Direct (IDCW-D) RI | 74.84 | 0.70% | 2.14% | 4.15% | 7.92% | 7.92% | |
| Franklin India Overnight Fund - Direct (IDCW-W) | 926.37 | 1.30% | 2.28% | 3.48% | 7.12% | 6.74% | |
| Aditya Birla SL Overnight Fund - Dir (IDCW-W)RI | 9747.36 | 0.34% | 1.24% | 2.61% | 7.01% | 6.71% |
List of Schemes under HSBC Mutual Fund
News
There are no new Updates!
Fund House Details & Investment Objective
Date of Incorporation
May 21, 2019
Total AUM (Cr)
₹4766.05
HSBC Overnight Fund - Direct (IDCW-M) is an Overnight Fund-oriented fund from the renowned AMC, HSBC Mutual Fund. Launched in May 21, 2019, this fund is managed by Abhishek Iyer. With assets under management (AUM) worth ₹4,766.05 (Cr), as of August 23, 2026, HSBC Overnight Fund - Direct (IDCW-M) is categorized as a Overnight Fund within its segment. The fund has generated a return of 4.83% since its launch.
The current NAV of HSBC Overnight Fund - Direct (IDCW-M) is ₹1,003.47, as on August 23, 2026. The fund's benchmark index is Nifty 1D Rate TRI. You can invest in HSBC Overnight Fund - Direct (IDCW-M) via both lumpsum and SIP modes. The minimum SIP amount in the fund is ₹500 while the minimum lumpsum investment is ₹5,000.
Being an open-ended fund, you can exit the fund anytime subject to applicable exit loads:
The fund has generated 6.13% and undefined% 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 99.57% in Debt and 0.43% in cash and cash equivalents.
Mutual Fund Categories
Types of Mutual Funds
Debt Funds
Access debt markets and enjoy interest income from bonds and debentures. Ideal for conservative short-term investors
Hybrid Funds
Enjoy best of both the worlds - equity and debt. Ideal for beginners with medium-term investment horizon
Equity Funds
Invest in large, mid, and small cap sector stocks to enjoy capital appreciation. Ideal for aggressive, long-term investors