HSBC Overnight Fund - Direct Plan - Growth

Regular

Regular and Direct options of the funds are exactly same except commission to your mutual fund broker/distributor. As an investor you do not need to pay any additional fees to purchase any of these options. However both have different expense ratios. Regular funds have higher expense ratio and direct funds have lower expense ratio. This difference is because of commission paid to broker/distributor. Lower expense ratio leads to higher returns for investors.
Direct

Regular and Direct options of the funds are exactly same except commission to your mutual fund broker/distributor. As an investor you do not need to pay any additional fees to purchase any of these options. However both have different expense ratios. Regular funds have higher expense ratio and direct funds have lower expense ratio. This difference is because of commission paid to broker/distributor. Lower expense ratio leads to higher returns for investors.

Category : Overnight Fund

Scheme Objective

The scheme aims to offer reasonable returns commensurate with low risk and high degree of liquidity through investments in overnight securities.

Scheme Details

Fund manager(s) – Abhishek Iyer , Mahesh A. Chhabria
Launch date – 22-May-2019
Expense ratio – 0.06% as declared on 31-Jul-2025 (category average is 0.08%)
Benchmark - Nifty 1D Rate Index

Min SIP amount - ₹
Min investment amount (one time- first time) - ₹
Min investment amount (addtional purchase) - ₹
Type : Open Ended Fund. You can invest any time in this fund.

Exit Load

Data not available.

Asset Monitor

Total AUM for this Scheme (Cr)

Category Total AUM (Cr)

% of Assets in Category

2025

3607.92

0.00

0.00%

Jul - 2025	3607.92	0.00%
Jun - 2025	2852.20	0.00%
May - 2025	2601.90	0.00%
Apr - 2025	2709.89	0.00%
Mar - 2025	2086.45	0.00%
Feb - 2025	2384.04	0.00%
Jan - 2025	3086.96	0.00%

2024

3162.25

0.00

0.00%

Dec - 2024	3162.25	0.00	0.00%
Nov - 2024	2275.81	0.00	0.00%
Oct - 2024	2104.06	0.00	0.00%
Sep - 2024	2213.58	0.00	0.00%
Aug - 2024	2445.22	0.00	0.00%
Jul - 2024	3203.31	0.00	0.00%
Jun - 2024	2104.02	0.00	0.00%
May - 2024	2944.99	90432.04	3.26%
Apr - 2024	2882.38	83280.65	3.46%
Mar - 2024	1863.15	61560.33	3.03%
Feb - 2024	2212.06	88802.69	2.49%
Jan - 2024	3313.24	104930.54	3.16%

2023

2435.15

87757.74

2.77%

Dec - 2023	2435.15	87757.74	2.77%
Nov - 2023	3275.33	98642.75	3.32%
Oct - 2023	2621.31	99300.43	2.64%
Sep - 2023	2836.66	82255.84	3.45%
Aug - 2023	3635.41	107342.01	3.39%
Jul - 2023	4433.14	94155.99	4.71%
Jun - 2023	3042.53	89406.39	3.40%
May - 2023	3144.35	101767.61	3.09%
Apr - 2023	2854.31	102520.23	2.78%
Mar - 2023	3195.45	95800.73	3.34%
Feb - 2023	2759.30	119004.06	2.32%
Jan - 2023	2538.49	119576.27	2.12%

2022

2414.75

102818.15

2.35%

Dec - 2022	2414.75	102818.15	2.35%
Nov - 2022	4591.56	120436.44	3.81%
Oct - 2022	1014.92	154367.08	0.66%
Sep - 2022	1045.86	139080.33	0.75%
Aug - 2022	587.44	120037.67	0.49%
Jul - 2022	735.34	140426.40	0.52%
Jun - 2022	912.48	127681.69	0.71%
May - 2022	642.48	137381.45	0.47%
Apr - 2022	344.68	106546.21	0.32%
Mar - 2022	963.61	100940.29	0.95%
Feb - 2022	617.01	113058.51	0.55%
Jan - 2022	745.97	128929.12	0.58%

2021

636.79

92685.93

0.69%

Dec - 2021	636.79	92685.93	0.69%
Nov - 2021	619.22	99191.80	0.62%
Oct - 2021	756.25	123289.68	0.61%
Sep - 2021	598.79	108128.43	0.55%
Aug - 2021	503.91	94665.81	0.53%
Jul - 2021	464.80	88345.76	0.53%
Jun - 2021	468.25	89367.09	0.52%
May - 2021	454.91	89684.72	0.51%
Apr - 2021	463.68	88832.59	0.52%
Mar - 2021	354.48	69985.18	0.51%
Feb - 2021	377.87	73912.68	0.51%
Jan - 2021	644.49	83431.39	0.77%

2020

574.24

76292.57

0.75%

Dec - 2020	574.24	76292.57	0.75%
Nov - 2020	409.68	66326.47	0.62%
Oct - 2020	343.58	70813.57	0.49%
Sep - 2020	539.94	81957.53	0.66%
Aug - 2020	476.98	70836.97	0.67%
Jul - 2020	419.98	71894.87	0.58%
Jun - 2020	582.90	83164.43	0.70%
May - 2020	623.48	82887.05	0.75%
Apr - 2020	488.62	81763.20	0.60%
Mar - 2020	286.74	78332.76	0.37%
Feb - 2020	275.21	51292.42	0.54%
Jan - 2020	150.64	52416.71	0.29%

Tax Rate

Any profit will be clubbed with your income and taxed at your effective tax rate.

Contact Details

HSBC Asset Management (India) Private Ltd.

9-11 Floors, NESCO IT Park, Building no. 3, Western Express Highway, Goregaon (East) Mumbai 400063
Tel no.: 022-66145000
Fax no.: 022-40029600
Website.: https://www.assetmanagement.hsbc.co.in

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15 days ago

JMFLEXICAPfund regular is howing worst performance. bought at 107.693 in jly 24 and now 97.43 how to shuffle and compensate loss View more

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shravanashok
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30 days ago

need your suggestion for sbi psu fund direct growth stay or switch View more

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1 days ago

Maximise Your Portfolio with a High-Yield Secured Opportunity Electronica Finance Limited – 2029 Bonds are now listed on The Fixed Income. ✔️ Coupon: 13.00% p.a. ✔️ Rating: India Ratings A Stable ✔️ Tenor: 3 years 9 months (Maturity: Jun 28, 2029) ✔️ NBFC Bond | Senior Secured | High Return | Listed Step into a secured NBFC bond backed by strong ratings and double-digit returns, designed for investors aiming for growth with confidence. ???? Explore on The Fixed Income: https://www.thefixedincome.com/product/dUJHdVpRPT0=/1300-electronica-finance-limited-2029?utm_source=Moneycontrol&utm_medium=Forum&utm_campaign=Product_list View more

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  Maximise Your Portfolio with a High-Yield Secured Opportunity Electronica Finance Limited – 2029 Bonds are now listed on The Fixed Income. ✔️ Coupon: 13.00% p.a. ✔️ Rating: India Ratings A Stable ✔️ Tenor: 3 years 9 months (Maturity: Jun 28, 2029) ✔️ NBFC Bond | Senior Secured | High Return | Listed Step into a secured NBFC bond backed by strong ratings and double-digit returns, designed for investors aiming for growth with confidence. ???? Explore on The Fixed Income: https://www.thefixedincome.com/product/dUJHdVpRPT0=/1300-electronica-finance-limited-2029?utm_source=Moneycontrol&utm_medium=Forum&utm_campaign=Product_list
  
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sunny85deol
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81 days ago

Hello sir, I have been invested in these funds since 2017. Last SIP was in 2021. As their NAV have grown so I was thinking of switching to other funds with lower NAV. View more

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Progrowth Finwealth
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81 days ago

Hi Sunny, what is he period of holding and also any particular reson for withdrawl out of these two funds that have grown over a period of time View more | 1

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87 days ago

Why are the NAVs of Indian Debt Mutual Funds going down after the rate cut View more

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