HSBC Overnight Fund - Direct (IDCW-M)
Overnight FundNAV
1003.13(0.00%)Fund Size (CR)
₹4,535.24Expense 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 | September 11, 2026 | 10009.23 | 0.09% | - | 0.07% | 72/285 |
| 1 Month | August 18, 2026 | 10040.75 | 0.41% | - | 0.35% | 122/280 |
| 3 Month | June 18, 2026 | 10127.16 | 1.27% | - | 1.16% | 96/274 |
| 6 Month | March 18, 2026 | 10259.28 | 2.59% | - | 2.41% | 105/273 |
| 1 Year | September 18, 2025 | 10526.96 | 5.27% | 5.27% | 4.88% | 94/260 |
| 3 Year | September 18, 2023 | 11938.65 | 19.39% | 6.08% | 5.45% | 55/246 |
| 5 Year | - | - | - | - | - | -/- |
| Since Inception | July 15, 2021 | 12766.47 | 27.66% | 4.83% | 5.42% | 218/282 |
Note: Lumpsum Returns since Inception Date.
SIP Returns
| Period Invested For | ₹10,000 Invested on | Investments | Latest Value | Absolute Returns | Annualised Returns |
|---|---|---|---|---|---|
| 1 Year | October 1, 2025 | 1,20,000 | 154214.12 | 28.51% | 28.51% |
| 3 Year | October 2, 2023 | 3,60,000 | 462573.69 | 28.49% | 8.72% |
| 5 Year | December 9, 2021 | 5,30,000 | 681025.62 | 28.50% | 5.14% |
| 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
1.00%
Beta
3.19%
Sharpe Ratio
-1.44%
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) | 4535.24 | 0.41% | 1.27% | 2.59% | 5.27% | 6.08% | |
| Groww Overnight Fund - Direct (IDCW-D) RI | 11.72 | 0.73% | 1.99% | 4.63% | 9.17% | 7.12% | |
| DSP Overnight Fund - Direct (IDCW-D) RI | 2853.61 | 0.40% | 1.19% | 5.31% | 7.98% | 6.71% | |
| TRUSTMF Overnight Fund - Direct (IDCW-D) RI | 31.08 | 0.67% | 2.09% | 4.27% | 7.96% | 7.96% | |
| Franklin India Overnight Fund - Direct (IDCW-W) | 685.37 | 0.41% | 2.15% | 3.50% | 7.08% | 6.64% | |
| Aditya Birla SL Overnight Fund - Dir (IDCW-W)RI | 10464.02 | 0.32% | 1.21% | 2.55% | 6.97% | 6.67% |
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)
₹4535.24
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 ₹4,535.24 (Cr), as of September 20, 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 ₹1,003.13, as on September 20, 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 6.08% 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 99.62% in Debt and 0.38% 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