How to Invest in HSBC Overnight Fund Direct Growth?

You can easily invest in HSBC Overnight Fund Direct Growth in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps: Log on to your Groww account Search for HSBC Overnight Fund Direct Growth from the search box In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete Once you are done with that, you can start investing in HSBC Overnight Fund Direct Growth as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does HSBC Overnight Fund Direct Growth provide?

The HSBC Overnight Fund Direct Growth has been there from 22 May 2019 and the average annual returns provided by this fund is 6.65% since its inception.

How much expense ratio is charged by HSBC Overnight Fund Direct Growth?

The term Expense Ratio used for HSBC Overnight Fund Direct Growth or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund. The Expense Ratio of HSBC Overnight Fund Direct Growth is 0.10% as of 04 Dec 2023...

What is the AUM of HSBC Overnight Fund Direct Growth?

The AUM, short for Assets Under Management of HSBC Overnight Fund Direct Growth is ₹2,621.31Cr as of 04 Dec 2023.

How to Redeem HSBC Overnight Fund Direct Growth?

If you want to sell your HSBC Overnight Fund Direct Growth holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.

Can I invest in SIP and Lump Sum of HSBC Overnight Fund Direct Growth?

You can select either SIP or Lumpsum investment of HSBC Overnight Fund Direct Growth based on your investment objective and risk tolerance.

What is the NAV of HSBC Overnight Fund Direct Growth?

The NAV of HSBC Overnight Fund Direct Growth is ₹1,226.06 as of 03 Dec 2023.

What is the PE and PB ratio of HSBC Overnight Fund Direct Growth?

The PE ratio ratio of HSBC Overnight Fund Direct Growth is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

HSBC Overnight Fund Direct Growth - NAV, Mutual Fund Performance & Portfolio

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HSBC Overnight Fund Direct Growth
Debt
Overnight
Low Risk
4.76%
3Y annualised
+0.02% 1D
1M
6M
1Y
3Y
All
 NAV: 03 Dec 2023₹1,226.06
Min. SIP amount₹1,000
Rating4
Fund size₹2,621.31Cr
Return calculator
Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of ₹0
Would have become ₹ (%)
Understand termsAnnualised returnsAverage of the yearly returns of a mutual fund over a given period.
Absolute returnsThe total return of a mutual fund over a given period.
Returns and rankingsCategory: Debt Overnight
Annualised returns
Absolute returns
6M1Y3YAll
Fund returnsNA6.7%4.8%4.6%
Category averageNA6.5%4.7%NA
Rank with in categoryNA79NA
Understand terms
Holdings (3)NameSectorInstrumentAssets
Reserve Bank of India
FinancialT-Bills4.0%
Reserve Bank of India
FinancialT-Bills1.9%
Reserve Bank of India
FinancialT-Bills0.9%
Understand termsExpense ratioA fee payable to a mutual fund house for managing your mutual fund investments. It is the total percentage of a company’s fund assets used for administrative, management, advertising, and other expenses.
TaxA percentage of your capital gains payable to the government upon exiting your mutual fund investments. Taxation is categorized as long-term capital gains (LTCG) and short-term capital gains (STCG) depending on your holding period and the type of fund.
Exit loadA fee payable to a mutual fund house for exiting a fund (fully or partially) before the completion of a specified period from the date of investment.
Stamp dutyA form of tax payable for the purchase or sale of an asset or security. 
Past expense ratio & exit load
Expense ratio
Exit load
27 Nov 2023 - Present
0.10%
24 Nov 2023 - 27 Nov 2023
0.10%
23 Nov 2023 - 24 Nov 2023
0.10%
22 Nov 2023 - 23 Nov 2023
0.10%
21 Nov 2023 - 22 Nov 2023
0.10%
20 Nov 2023 - 21 Nov 2023
0.10%
19 Nov 2023 - 20 Nov 2023
0.10%
17 Nov 2023 - 19 Nov 2023
0.10%
16 Nov 2023 - 17 Nov 2023
0.10%
15 Nov 2023 - 16 Nov 2023
0.10%
14 Nov 2023 - 15 Nov 2023
0.10%
13 Nov 2023 - 14 Nov 2023
0.10%
10 Nov 2023 - 13 Nov 2023
0.10%
09 Nov 2023 - 10 Nov 2023
0.10%
08 Nov 2023 - 09 Nov 2023
0.10%
07 Nov 2023 - 08 Nov 2023
0.10%
06 Nov 2023 - 07 Nov 2023
0.10%
05 Nov 2023 - 06 Nov 2023
0.10%
03 Nov 2023 - 05 Nov 2023
0.10%
02 Nov 2023 - 03 Nov 2023
0.10%
01 Nov 2023 - 02 Nov 2023
0.10%
31 Oct 2023 - 01 Nov 2023
0.10%
30 Oct 2023 - 31 Oct 2023
0.10%
29 Oct 2023 - 30 Oct 2023
0.10%
27 Oct 2023 - 29 Oct 2023
0.10%
26 Oct 2023 - 27 Oct 2023
0.10%
25 Oct 2023 - 26 Oct 2023
0.10%
24 Oct 2023 - 25 Oct 2023
0.10%
23 Oct 2023 - 24 Oct 2023
0.10%
22 Oct 2023 - 23 Oct 2023
0.10%
20 Oct 2023 - 22 Oct 2023
0.10%
19 Oct 2023 - 20 Oct 2023
0.10%
18 Oct 2023 - 19 Oct 2023
0.10%
17 Oct 2023 - 18 Oct 2023
0.10%
16 Oct 2023 - 17 Oct 2023
0.10%
15 Oct 2023 - 16 Oct 2023
0.10%
13 Oct 2023 - 15 Oct 2023
0.10%
12 Oct 2023 - 13 Oct 2023
0.10%
11 Oct 2023 - 12 Oct 2023
0.10%
10 Oct 2023 - 11 Oct 2023
0.10%
09 Oct 2023 - 10 Oct 2023
0.10%
08 Oct 2023 - 09 Oct 2023
0.10%
06 Oct 2023 - 08 Oct 2023
0.10%
05 Oct 2023 - 06 Oct 2023
0.10%
04 Oct 2023 - 05 Oct 2023
0.10%
03 Oct 2023 - 04 Oct 2023
0.10%
02 Oct 2023 - 03 Oct 2023
0.10%
30 Sep 2023 - 02 Oct 2023
0.10%
29 Sep 2023 - 30 Sep 2023
0.10%
28 Sep 2023 - 29 Sep 2023
0.10%
27 Sep 2023 - 28 Sep 2023
0.10%
26 Sep 2023 - 27 Sep 2023
0.10%
25 Sep 2023 - 26 Sep 2023
0.10%
24 Sep 2023 - 25 Sep 2023
0.10%
22 Sep 2023 - 24 Sep 2023
0.10%
21 Sep 2023 - 22 Sep 2023
0.10%
20 Sep 2023 - 21 Sep 2023
0.10%
19 Sep 2023 - 20 Sep 2023
0.10%
18 Sep 2023 - 19 Sep 2023
0.10%
17 Sep 2023 - 18 Sep 2023
0.10%
15 Sep 2023 - 17 Sep 2023
0.10%
14 Sep 2023 - 15 Sep 2023
0.10%
13 Sep 2023 - 14 Sep 2023
0.10%
12 Sep 2023 - 13 Sep 2023
0.10%
11 Sep 2023 - 12 Sep 2023
0.10%
10 Sep 2023 - 11 Sep 2023
0.10%
08 Sep 2023 - 10 Sep 2023
0.10%
07 Sep 2023 - 08 Sep 2023
0.10%
06 Sep 2023 - 07 Sep 2023
0.10%
05 Sep 2023 - 06 Sep 2023
0.10%
04 Sep 2023 - 05 Sep 2023
0.10%
03 Sep 2023 - 04 Sep 2023
0.10%
01 Sep 2023 - 03 Sep 2023
0.10%
31 Aug 2023 - 01 Sep 2023
0.10%
31 Jul 2023 - 31 Aug 2023
0.10%
30 Jun 2023 - 31 Jul 2023
0.10%
31 May 2023 - 30 Jun 2023
0.10%
30 Apr 2023 - 31 May 2023
0.10%
31 Mar 2023 - 30 Apr 2023
0.10%
28 Feb 2023 - 31 Mar 2023
0.10%
31 Jan 2023 - 28 Feb 2023
0.10%
31 Dec 2022 - 31 Jan 2023
0.11%
31 Dec 2022 - 31 Dec 2022
0.11%
30 Nov 2022 - 31 Dec 2022
0.11%
30 Nov 2022 - 30 Nov 2022
0.11%
31 Oct 2022 - 30 Nov 2022
0.11%
31 Oct 2022 - 31 Oct 2022
0.11%
31 Oct 2022 - 31 Oct 2022
0.11%
30 Sep 2022 - 31 Oct 2022
0.11%
30 Sep 2022 - 30 Sep 2022
0.11%
30 Sep 2022 - 30 Sep 2022
0.11%
31 Aug 2022 - 30 Sep 2022
0.11%
31 Aug 2022 - 31 Aug 2022
0.11%
31 Jul 2022 - 31 Aug 2022
0.11%
31 Jul 2022 - 31 Jul 2022
0.11%
30 Jun 2022 - 31 Jul 2022
0.11%
30 Jun 2022 - 30 Jun 2022
0.11%
31 May 2022 - 30 Jun 2022
0.11%
31 May 2022 - 31 May 2022
0.11%
30 Apr 2022 - 31 May 2022
0.11%
30 Apr 2022 - 30 Apr 2022
0.11%
31 Mar 2022 - 30 Apr 2022
0.11%
31 Mar 2022 - 31 Mar 2022
0.11%
28 Feb 2022 - 31 Mar 2022
0.11%
28 Feb 2022 - 28 Feb 2022
0.11%
31 Jan 2022 - 28 Feb 2022
0.11%
31 Dec 2021 - 31 Jan 2022
0.11%
30 Nov 2021 - 31 Dec 2021
0.11%
31 Oct 2021 - 30 Nov 2021
0.11%
30 Sep 2021 - 31 Oct 2021
0.11%
31 Aug 2021 - 30 Sep 2021
0.11%
31 Jul 2021 - 31 Aug 2021
0.11%
30 Jun 2021 - 31 Jul 2021
0.11%
31 May 2021 - 30 Jun 2021
0.11%
30 Apr 2021 - 31 May 2021
0.11%
31 Mar 2021 - 30 Apr 2021
0.11%
28 Feb 2021 - 31 Mar 2021
0.11%
31 Jan 2021 - 28 Feb 2021
0.11%
31 Dec 2020 - 31 Jan 2021
0.11%
30 Nov 2020 - 31 Dec 2020
0.11%
31 Oct 2020 - 30 Nov 2020
0.11%
30 Sep 2020 - 31 Oct 2020
0.11%
31 Aug 2020 - 30 Sep 2020
0.11%
31 Jul 2020 - 31 Aug 2020
0.11%
30 Jun 2020 - 31 Jul 2020
0.11%
31 May 2020 - 30 Jun 2020
0.11%
30 Apr 2020 - 31 May 2020
0.11%
31 Mar 2020 - 30 Apr 2020
0.11%
29 Feb 2020 - 31 Mar 2020
0.11%
31 Jan 2020 - 29 Feb 2020
0.11%
31 Dec 2019 - 31 Jan 2020
0.11%
30 Nov 2019 - 31 Dec 2019
0.11%
31 Oct 2019 - 30 Nov 2019
0.11%
30 Sep 2019 - 31 Oct 2019
0.11%
31 Aug 2019 - 30 Sep 2019
0.11%
31 Jul 2019 - 31 Aug 2019
0.11%
30 Jun 2019 - 31 Jul 2019
0.11%
31 May 2019 - 30 Jun 2019
0.11%
Expense ratio, exit load and taxExpense ratio: 0.10%Inclusive of GST
Exit loadNil
Stamp duty0.005% (from July 1st, 2020)
Tax implicationReturns are taxed as per your Income Tax slab.
Understand terms
Check past data
Minimum investment amountsMin. for 1st investment₹5,000
Min. for 2nd investment onwards₹1,000
Min. for SIP₹1,000
Fund managementMahesh A Chhabria
Nov 2022 - Present
View details
Education
Mr. Chhabria is a Commerce Graduate and has also pursued FCA and CFA.
Experience
Prior to joining HSBC MF, he has worked with L&T AMC, Edelweiss Securities Ltd, Darivium Traditions Pvt. Ltd. and FIL Fund Management Pvt. Ltd.
Also manages these schemes
L&T Overnight Fund Direct Growth
L&T Liquid Plan Direct Growth
L&T Ultra Short Term Fund Direct Growth
HSBC Conservative Hybrid Fund Direct Growth
HSBC Overnight Fund Direct Growth
HSBC Ultra Short Duration Fund Direct Growth
HSBC CRISIL IBX 50:50 Gilt Plus SDL Apr 2028 Index Fund Direct Growth
HSBC Equity Savings Fund Direct Growth
HSBC Banking and PSU Debt Fund Direct Growth
HSBC Low Duration Fund Direct Growth
HSBC Balanced Advantage Fund Direct Growth
HSBC Arbitrage Fund Direct Growth
HSBC CRISIL IBX Gilt June 2027 Index Fund Direct Growth
Kapil Punjabi
May 2019 - Present
View details
Education
Mr. Kapil Punjabi is MMS from Mumbai University.
Experience
Prior to joining HSBC Asset Management (India) Pvt. Ltd., he has worked with Taurus Asset Management Co. Ltd., Edelweiss Asset Management Ltd., Edelweiss Securities Ltd. and Trans Market Group Research (India) Pvt. Ltd.
Also manages these schemes
HSBC Liquid Fund Direct Growth
HSBC Flexi Debt Fund Direct Growth
HSBC Medium to Long Duration Fund Direct Growth
HSBC Short Duration(Ex) Fund Direct Growth
HSBC Low Duration Fund(Ex) Direct Growth
HSBC Conservative Hybrid Fund Direct Growth
HSBC Asia Pacific (Ex Japan) Dividend Yield Fund Direct Growth
HSBC Global Consumer Opportunities Fund Direct Growth
HSBC Fixed Term Series 134 Direct Growth
HSBC Equity Hybrid Fund Direct Growth
HSBC Overnight Fund Direct Growth
HSBC Ultra Short Duration Fund Direct Growth
HSBC Global Equity Climate Change FoF Direct Growth
HSBC CRISIL IBX 50:50 Gilt Plus SDL Apr 2028 Index Fund Direct Growth
HSBC Credit Risk Fund Direct Growth
HSBC Money Market Fund Direct Growth
HSBC Medium Duration Fund Direct Growth
HSBC Multi Cap Fund Direct Growth
HSBC CRISIL IBX Gilt June 2027 Index Fund Direct Growth
Fund house & investment objective
HSBC Mutual Fund
Rank (total assets)#21 in India
Total AUM₹98,466.32Cr
Date of Incorporation27 May 2002
 HSBC Overnight Fund Direct Growth is a Debt Mutual Fund Scheme launched by HSBC Mutual Fund. This scheme was made available to investors on 27 May 2002. Kapil Punjabi is the Current Fund Manager of HSBC Overnight Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹98,466 Cr and the Latest NAV as of 03 Dec 2023 is ₹1,226.06.
The HSBC Overnight Fund Direct Growth is rated Low risk. Minimum SIP Investment is set to ₹1,000. Minimum Lumpsum Investment is ₹5,000.
;
Investment ObjectiveThe scheme seeks to offer reasonable returns commensurate with low risk and high degree of liquidity through investments in overnight securities.
;
Fund benchmarkNIFTY 1D Rate Index
Scheme Information Document(SID)
Fund house contact details
Address
9-11th Floor,NESCO - IT Park Bldg. 3,Western Express Highway, Goregaon East, Mumbai 400063
Phone
NA
Launch Date
27 May 2002
E-mail
NA
Website
www.assetmanagement.hsbc.co.in
HSBC Mutual Fund
Asset Management Company
Custodian
Standard Chartered Bank
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,
Email
[email protected]
Website
www.camsonline.com
Compare funds
HSBC Overnight Fund Direct Growth
VS
Add mutual fund to compare

	6M	1Y	3Y	All
Fund returns	NA	6.7%	4.8%	4.6%
Category average	NA	6.5%	4.7%	NA
Rank with in category	NA	7	9	NA

Name	Sector	Instrument	Assets
Reserve Bank of India	Financial	T-Bills	4.0%
Reserve Bank of India	Financial	T-Bills	1.9%
Reserve Bank of India	Financial	T-Bills	0.9%

Rank (total assets)	#21 in India
Total AUM	₹98,466.32Cr

Date of Incorporation	27 May 2002

Fund benchmark	NIFTY 1D Rate Index

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Sarjapur Main Road, Bellandur
Bengaluru – 560103
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Min. for 1st investment	₹5,000
Min. for 2nd investment onwards	₹1,000

Rating	4
Fund size	₹2,621.31Cr

HSBC Overnight Fund Direct Growth

Return calculator

Understand terms

Annualised returns

Absolute returns

Returns and rankings

Holdings (3)

Understand terms

Expense ratio

Tax

Exit load

Stamp duty

Past expense ratio & exit load

Expense ratio, exit load and tax

Expense ratio: 0.10%

Exit load

Stamp duty

Tax implication

Minimum investment amounts

Fund management

Mahesh A ChhabriaNov 2022 - PresentView details

Kapil PunjabiMay 2019 - PresentView details

Fund house & investment objective

Fund house contact details

Compare funds

Mahesh A Chhabria
Nov 2022 - Present
View details

Kapil Punjabi
May 2019 - Present
View details