HSBC Overnight Fund Direct Growth

Fund Overview

Fund Size

₹2,924 Cr

Expense Ratio

0.06%

ISIN

INF336L01OF6

Minimum SIP

₹1,000

Exit Load

No Charges

Inception Date

22 May 2019

About this fund

HSBC Overnight Fund Direct Growth is a Overnight mutual fund schemes offered by HSBC Mutual Fund. This fund has been in existence for 5 years, 5 months and 25 days, having been launched on 22-May-19.
As of 16-Nov-24, it has a Net Asset Value (NAV) of ₹1304.79, Assets Under Management (AUM) of 2924.09 Crores, and an expense ratio of 0.06%.

HSBC Overnight Fund Direct Growth has given a CAGR return of 4.96% since inception.
The fund's asset allocation comprises around 0.00% in equities, 0.00% in debts, and 100.00% in cash & cash equivalents.
You can start investing in HSBC Overnight Fund Direct Growth with a SIP of ₹1000 or a Lumpsum investment of ₹5000.

Performance against Category Average

In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.

1 Year

+6.75%

— (Cat Avg.)

3 Years

+5.92%

— (Cat Avg.)

5 Years

+4.92%

— (Cat Avg.)

Since Inception

+4.96%

— (Cat Avg.)

Portfolio Summaryas of 15th October 2024

Others

₹2,924.09 Cr

100.00%

Top Holdings

All Holdings

Equity

Debt & Others

Name	Type	Amount	Holdings
Reverse Repos	Cash - Repurchase Agreement	₹2,000.33 Cr	79.63%
Treps	Cash - Repurchase Agreement	₹401.68 Cr	15.99%
091 D Tbill Mat - 18/10/24	Bond - Gov't/Treasury	₹59.98 Cr	2.39%
191 DTB 24102024	Bond - Gov't/Treasury	₹49.93 Cr	1.99%
182 DTB 18102024	Bond - Gov't/Treasury	₹9.99 Cr	0.40%
Net Current Assets (Including Cash & Bank Balances)	Cash - Collateral	₹-9.75 Cr	0.39%

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

Instruments	Amount	Holdings
Cash - Repurchase Agreement	₹2,402.01 Cr	95.62%
Bond - Gov't/Treasury	₹119.89 Cr	4.77%
Cash - Collateral	₹-9.75 Cr	0.39%

Risk & Performance Ratios

Fund Managers

Kapil Punjabi

Since May 2019

Mahesh Chhabria

Since November 2022

Additional Scheme Detailsas of 15th October 2024

ISIN

INF336L01OF6

Expense Ratio

0.06%

Exit Load

No Charges

Fund Size

₹2,924 Cr

Age

5 years 5 months

Lumpsum Minimum

₹5,000

Fund Status

Open Ended Investment Company

Benchmark

Nifty 1D Rate TR INR

Investment Objective

To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.

Tax Treatment

Capital Gains Taxation:

Dividend Taxation:

Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.

Similar Overnight Funds

Fund name	Expense Ratio	Exit Load	Fund size	1Y
Axis Overnight Fund Regular Growth Low Risk	0.1%	0.0%	₹10254.02 Cr	6.7%
Axis Overnight Fund Direct Growth Low Risk	0.1%	0.0%	₹10254.02 Cr	6.8%
Groww Overnight Fund Direct Growth Low Risk	0.1%	0.0%	₹20.16 Cr	6.7%
Groww Overnight Fund Regular Growth Low Risk	0.2%	0.0%	₹20.16 Cr	6.6%
Tata Overnight Fund Direct Growth Low Risk	0.1%	0.0%	₹4311.01 Cr	6.8%
Tata Overnight Fund Regular Growth Low Risk	0.2%	0.0%	₹4311.01 Cr	6.6%
Nippon India Overnight Fund Regular Growth Low Risk	0.2%	0.0%	₹6921.68 Cr	6.7%
Nippon India Overnight Fund Direct Growth Low Risk	0.1%	0.0%	₹6921.68 Cr	6.8%
Sundaram Overnight Fund Regular Growth Low Risk	0.2%	0.0%	₹848.85 Cr	6.6%
Sundaram Overnight Fund Direct Growth Low Risk	0.1%	0.0%	₹848.85 Cr	6.7%

About the AMC

HSBC Mutual Fund

+91 22 66145000

https://www.assetmanagement.hsbc.co.in/en/mutual-funds

Total AUM

₹1,25,951 Cr

Address

16, V N Road, Mumbai, 400 001

Other Funds by HSBC Mutual Fund

Fund name	Expense Ratio	Exit Load	Fund size	1Y
HSBC Consumption Fund Direct Growth Very High Risk	0.7%	1.0%	₹1621.52 Cr	37.9%
HSBC Balanced Advantage Fund Direct Growth Moderately High risk	0.8%	1.0%	₹1509.80 Cr	21.2%
HSBC Infrastructure Fund Direct Growth Very High Risk	1.0%	1.0%	₹2790.49 Cr	42.9%
HSBC Aggressive Hybrid Fund Direct Growth Very High Risk	0.8%	1.0%	₹5848.73 Cr	27.7%
HSBC Value Fund Direct Growth Very High Risk	0.8%	1.0%	₹14123.13 Cr	37.3%
HSBC Credit Risk Fund Direct Growth Moderately High risk	0.9%	3.0%	₹577.83 Cr	8.0%
HSBC Banking & PSU Debt Direct Growth Low to Moderate Risk	0.2%	0.0%	₹4204.44 Cr	7.8%
HSBC Midcap Fund Direct Growth Very High Risk	0.7%	1.0%	₹12280.21 Cr	42.6%
HSBC ELSS Fund Direct Growth Very High Risk	1.6%	0.0%	₹4485.23 Cr	40.1%
HSBC Equity Savings Fund Direct Growth Moderately High risk	0.6%	0.0%	₹477.96 Cr	22.5%
HSBC Low Duration Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹437.41 Cr	8.0%
HSBC Short Duration Fund Direct Growth Moderate Risk	0.3%	0.0%	₹3760.66 Cr	8.3%
HSBC Corporate Bond Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹6562.21 Cr	8.7%
HSBC Dynamic Bond Fund Direct Growth Moderate Risk	0.2%	0.0%	₹158.95 Cr	9.7%
HSBC Money Market Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹1884.40 Cr	7.8%
HSBC Gilt Fund Direct Growth Moderate Risk	0.5%	0.0%	₹218.09 Cr	10.1%
HSBC Medium Duration Direct Growth Moderate Risk	0.4%	0.0%	₹834.00 Cr	9.1%
HSBC Focused Fund Direct Growth Very High Risk	0.9%	1.0%	₹1754.07 Cr	32.5%
HSBC Business Cycles Fund Direct Growth Very High Risk	1.2%	1.0%	₹1003.45 Cr	44.3%
HSBC Overnight Fund Direct Growth Low Risk	0.1%	0.0%	₹2924.09 Cr	6.8%
HSBC Conservative Hybrid Fund Direct Growth Moderately High risk	1.3%	0.0%	₹135.19 Cr	16.8%
HSBC Large Cap Fund Direct Growth Very High Risk	1.2%	1.0%	₹2015.36 Cr	28.8%
HSBC Global Emerging Markets Fund Direct Growth Very High Risk	1.6%	1.0%	₹34.96 Cr	17.7%
HSBC Brazil Fund Direct Growth Very High Risk	1.9%	1.0%	₹40.73 Cr	-8.3%
HSBC Medium to Long Duration Fund Direct Growth Moderate Risk	0.7%	0.0%	₹49.41 Cr	9.4%
HSBC Liquid Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹20398.20 Cr	7.5%
HSBC Flexi Cap Fund Direct Growth Very High Risk	1.2%	1.0%	₹5077.97 Cr	37.9%
HSBC Tax Saver Equity Fund Direct Growth Very High Risk	1.1%	0.0%	₹256.46 Cr	40.8%
HSBC Ultra Short Duration Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹3401.40 Cr	7.7%
HSBC CRISIL IBX 50:50 Gilt Plus SDL Apr 2028 Index Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹1888.28 Cr	8.9%
HSBC Small Cap Fund Direct Growth Very High Risk	0.7%	1.0%	₹17306.21 Cr	31.4%
HSBC Global Equity Climate Change Fund of Fund Direct Growth Very High Risk	1.4%	1.0%	₹75.04 Cr	20.4%
HSBC Managed Solutions India Conservative Direct Growth Moderately High risk	0.5%	1.0%	₹25.33 Cr	10.8%
HSBC Managed Solutions India Moderate Direct Growth High Risk	0.9%	1.0%	₹60.65 Cr	22.0%
HSBC Managed Solutions India Growth Direct Growth Very High Risk	1.0%	1.0%	₹45.54 Cr	25.1%
HSBC CRISIL IBX Gilt June 2027 Index Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹194.10 Cr	8.4%
HSBC Arbitrage Fund Direct Growth Low Risk	0.3%	0.0%	₹2458.04 Cr	8.1%
HSBC Nifty Next 50 Index Fund Direct Growth Very High Risk	0.3%	1.0%	₹140.13 Cr	46.6%
HSBC Nifty 50 Index Fund Direct Growth Very High Risk	0.2%	1.0%	₹302.01 Cr	22.1%
HSBC Large & Mid Cap Fund Direct Growth Very High Risk	0.9%	1.0%	₹3638.62 Cr	39.7%
HSBC Multi Cap Fund Direct Growth Very High Risk	0.6%	1.0%	₹4239.39 Cr	37.6%
HSBC Asia Pacific (Ex Japan) Dividend Yield Fund Direct Growth Very High Risk	1.7%	1.0%	₹7.03 Cr	22.8%

Risk Level

Your principal amount will be at Low Risk

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Still got questions?
We're here to help.

What is the current NAV of HSBC Overnight Fund Direct Growth?

The NAV of HSBC Overnight Fund Direct Growth, as of 16-Nov-2024, is ₹1304.79.

What are the returns of HSBC Overnight Fund Direct Growth?

The fund has generated 6.75% over the last 1 year and 5.92% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.

What is the portfolio composition of HSBC Overnight Fund Direct Growth?

The fund's allocation of assets is distributed as 0.00% in equities, 0.00% in bonds, and 100.00% in cash and cash equivalents.

Who manages the HSBC Overnight Fund Direct Growth?

The fund managers responsible for HSBC Overnight Fund Direct Growth are:-

Kapil Punjabi
Mahesh Chhabria

Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.

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HSBC Overnight Fund Direct Growth

Fund Overview