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Unrated

HSBC Overnight Fund - Regular Plan


Debt: Overnight

1 Lakh

Investment Grown to
₹ 1.04 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.22 Lakh

Suitability:

Overnight funds invest in bonds having a maturity of just one day. They are suitable to earn a little extra on idle money lying in the bank. You may invest in these funds the money that you have set aside to meet any emergency needs or any surplus money that you don't need for a few days up to a year.

The risk of incurring a loss in these funds is negligible but they do not guarantee returns or safety of capital.

Remember, these funds are geared to deliver only marginally higher returns than your bank account. They deliver steady, but low returns and are not suitable to build wealth in the long run.

Taxability of earnings:

Capital gains

  • If the mutual fund units are sold after 3 years from the date of investment, gains are taxed at the rate of 20% after providing the benefit of inflation indexation.
  • If the mutual fund units are sold within 3 years from the date of investment, entire amount of gain is added to the investors' income and taxed according to the applicable slab rate.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

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(₹)
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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund 2.56 0.01 0.06 0.26 0.75 1.47 3.77 -- -- -- --
CCIL T Bill Liquidity Weight 2.47 0.00 0.03 0.12 0.49 1.42 3.34 -- -- -- --
Debt: Overnight 2.57 0.01 0.06 0.26 0.75 1.47 3.80 -- -- -- --
Rank within category 13 15 12 7 17 14 15 -- -- -- --
Number of funds in category 28 30 30 30 30 30 25 3 3 3 3

As on 29-Sep-2020

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
HSBC Overnight Fund - Regular Plan  | Invest Online
Unrated
May-19 3.77 -- -- 0.26 477
UTI Overnight Fund - Regular Plan  | Invest Online
4 star
Dec-03 3.85 4.93 5.93 0.11 7,030
Nippon India Overnight Fund - Regular Plan
4 star
Dec-18 3.84 -- -- 0.19 3,980
DSP Overnight Fund - Regular Plan  | Invest Online
5 star
Jan-19 3.96 -- -- 0.15 2,082
SBI Overnight Fund  | Invest Online
3 star
Oct-02 3.80 5.26 5.73 0.18 12,314

Best & Worst Performance

Best (Period) Worst (Period)
Week 0.13 (09-Aug-2019 - 18-Aug-2019) 0.01 (26-Mar-2020 - 02-Apr-2020)
Month 0.47 (24-May-2019 - 24-Jun-2019) 0.20 (22-Mar-2020 - 21-Apr-2020)
Quarter 1.35 (22-May-2019 - 21-Aug-2019) 0.68 (22-Mar-2020 - 21-Jun-2020)
Year 4.64 (22-May-2019 - 21-May-2020) 3.78 (26-Sep-2019 - 25-Sep-2020)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund -- -- -- -- -- --
CCIL T Bill Liquidity Weight* 3.97 0.31 -3.79 -6.90 -- --
Debt: Overnight* 4.99 0.34 -0.47 -0.63 0.38 0.30
Rank within category -- -- -- -- -- --
Number of funds in category -- -- -- -- -- --

The Risk Measures have been calculated using calendar month returns for the last three years.

As on

* As on 31-Aug-2020

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities -- -- -- --
Modified Duration (yrs) -- 0.01 0.00 --
Average Maturity (yrs) -- 0.01 0.00 --
Yield to Maturity (%) 3.09 5.38 0.50 --
Avg Credit Rating Cash -- -- --

Value Research Fund Style

Credit Rating vis-à-vis Category

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Top Holdings

The underlying data is unavailable.

As on 31-Aug-2020

Fund Manager

— Kapil Punjabi since 21-May-2019

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.

Funds Managed:


0.01%

Change from previous, NAV as on 29-Sep-2020

Growth: ₹ 1,057.5889

Dividend Monthly: ₹ 1,000.3403

Dividend Daily: ₹ 1,000.0000


Investment Strategy

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

Investment Details

Minimum Investment (₹) 5,000
Minimum Addl Investment (₹) 1,000
Minimum SIP Investment (₹) 500
Minimum No of Cheques 12
Minimum Withdrawal (₹) 1,000
Minimum Balance (₹) 1,000
Exit Load 0

Basic Details

Fund House: HSBC Mutual Fund
Launch Date: 22-May-2019
Return Since Launch: 4.21%
Benchmark: CRISIL Overnight Index
Riskometer: Low
Type: Open-ended
Assets: ₹ 477 Cr (As on 31-Aug-2020)
Expense: 0.26% (As on 31-Aug-2020)
Risk Grade: --
Return Grade: --

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Daily29-Sep-20200.0849

 28-Sep-20200.0856
 27-Sep-20200.1696
 25-Sep-20200.0835
 24-Sep-20200.0837
 23-Sep-20200.0834
 22-Sep-20200.0866
 21-Sep-20200.0829
 20-Sep-20200.1667
 18-Sep-20200.0819
 17-Sep-20200.0833
 16-Sep-20200.0833
 15-Sep-20200.0835
 14-Sep-20200.0821
 13-Sep-20200.1664
 11-Sep-20200.0761
 10-Sep-20200.0824
 09-Sep-20200.0822
 08-Sep-20200.0807
 07-Sep-20200.0797
 06-Sep-20200.1558
 04-Sep-20200.0768
 03-Sep-20200.0769
 02-Sep-20200.0770
 01-Sep-20200.0778
Dividend Monthly25-Sep-20202.5084

 25-Aug-20202.3654
 27-Jul-20202.5815
 25-Jun-20202.3460
 26-May-20202.3708
 27-Apr-20202.1481
 26-Mar-20202.4817
 25-Feb-20202.6883
 27-Jan-20202.9093
 26-Dec-20192.8259
 25-Nov-20192.8858
 25-Oct-20192.7786
 25-Sep-20192.9919
 26-Aug-20190.7951
Dividend Weekly22-Sep-20200.5848

 15-Sep-20200.5728
 08-Sep-20200.5470
 01-Sep-20200.5504
 25-Aug-20200.5517
 18-Aug-20200.5831
 11-Aug-20200.5703
 04-Aug-20200.5775
 28-Jul-20200.5790
 21-Jul-20200.5699
 14-Jul-20200.5701
 07-Jul-20200.5596
 30-Jun-20200.5151
 23-Jun-20200.5474
 16-Jun-20200.5392
 09-Jun-20200.5684
 02-Jun-20200.5548
 26-May-20200.5207
 19-May-20200.5347
 12-May-20200.5901
 05-May-20200.6410
 28-Apr-20200.4932
 21-Apr-20200.5203
 15-Apr-20200.6751
 07-Apr-20200.4761

Contact Information

AMC: HSBC Global Asset Management Company (India) Private Limited

Address: The Hongkong and Shanghai Banking Corp. Ltd. 16, V. N. Road, Fort, Mumbai - 400001

Phone: 022-66145000 / 66668819 / 1800-200-2434

Fax: 022-40029600

Email: [email protected]

Website: http://www.assetmanagement.hsbc.co.in

Registrar & Transfer Agent: Computer Age Management Services Ltd.

Address: 7th Floor, Tower II, Rayala Towers, 158, Anna Salai, Chennai - 600002

Phone: 1800-3010-6767 / 1800-419-7676

Fax: 044-30407101

Email: [email protected]

Website: www.camsonline.com

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