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HSBC Overnight Fund - Regular Plan - Growth

  • Regular
  • Direct
Category : Overnight Fund
Fund House : HSBC Mutual Fund
(Min ₹500 for SIP, ₹5000 for one time investment)

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)Kapil Punjabi
  • Launch date – 22-May-2019
  • Expense ratio – 0.26% as declared on 31-Dec-2019 (category average is 0.2%)
  • Benchmark - CRISIL 10 Year Gilt Index
  • Min SIP amount - ₹500
  • Min investment amount (one time- first time) - ₹5000
  • Min investment amount (addtional purchase) - ₹1000
  • Type : Open Ended Fund. You can invest any time in this fund.

Exit Load

Net Buy Price
Buy Date
Sell Date
  • Gross Profit
  • Exit Charges
  • Net Profit

Tax Rate

If sold after 3 years from purchase date, long term capital gain tax will be applicable. Current tax rate is the lower of (a) 10% of profit or (b) 20% of profit adjusted after indexation benefits. Any cess/surcharge is not included.|If sold before 3 years from purchase date, short term capital gain tax will be applicable. Any profit will be clubbed with your income and taxed at your effective tax rate.

Contact Details

HSBC Asset Management (India) Pvt. Ltd.
16, V N Road, Fort, Mumbai 400 001
Tel no.: 66145000
Fax no.: 40029600
Website.: www.assetmanagement.hsbc.co.in

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