HSBC Overnight Fund - Direct (IDCW-M)
Overnight FundNAV
1001.34(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 28, 2026 | 10009.32 | 0.09% | - | 0.09% | 75/283 |
| 1 Month | August 4, 2026 | 10042.11 | 0.42% | - | 0.38% | 112/281 |
| 3 Month | June 4, 2026 | 10128.88 | 1.29% | - | 1.18% | 104/276 |
| 6 Month | March 4, 2026 | 10299.78 | 3.00% | - | 2.45% | 17/274 |
| 1 Year | September 4, 2025 | 10529.54 | 5.30% | 5.30% | 4.91% | 94/260 |
| 3 Year | September 4, 2023 | 11947.26 | 19.47% | 6.10% | 5.44% | 59/249 |
| 5 Year | - | - | - | - | - | -/- |
| Since Inception | July 15, 2021 | 12743.67 | 27.44% | 4.83% | 5.46% | 219/281 |
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 | 153933.04 | 28.28% | 28.28% |
| 3 Year | October 2, 2023 | 3,60,000 | 461730.57 | 28.26% | 8.65% |
| 5 Year | December 9, 2021 | 5,30,000 | 679784.33 | 28.26% | 5.10% |
| 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) | 4766.05 | 0.42% | 1.29% | 3.00% | 5.30% | 6.10% | |
| Groww Overnight Fund - Direct (IDCW-D) RI | 26.61 | 0.68% | 2.01% | 4.66% | 9.09% | 7.08% | |
| DSP Overnight Fund - Direct (IDCW-D) RI | 3600.77 | 0.36% | 1.19% | 5.32% | 8.00% | 6.72% | |
| TRUSTMF Overnight Fund - Direct (IDCW-D) RI | 74.84 | 0.69% | 2.12% | 4.29% | 7.95% | 7.94% | |
| Franklin India Overnight Fund - Direct (IDCW-W) | 926.37 | 1.28% | 2.17% | 3.51% | 7.11% | 6.67% | |
| Aditya Birla SL Overnight Fund - Dir (IDCW-W)RI | 9747.36 | 0.33% | 1.23% | 2.56% | 7.00% | 6.65% |
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)
₹4713.55
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 ₹4,713.55 (Cr), as of September 6, 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 ₹1,001.34, as on September 6, 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 6.10% 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 99.68% in Debt and 0.32% 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