HSBC Overnight Fund

Q: What are the returns of this mutual fund scheme?

The HSBC Overnight Fund is a 6 yrs 8 m old fund and has delivered average annual returns of 4.99% since inception. HSBC Overnight Fund Returns 1-Year 3-Year 5-Year Since Inception 5.59% 6.28% 5.36% 4.99%

Q: How much does this mutual fund charge as expense ratio?

The HSBC Overnight Fund has an expense ratio of 0.14% , representing the annual cost of managing and operating the fund. This fee is deducted from the fund's AUM while declaring the daily NAV, reducing investor returns.

NAV as of Feb 02, 2026	Returns since inception	ET Money Rank	AUM (Fund size)
₹1386.8379+0.01% 1 day change	4.99% p.a.	App exclusive #NA View Ranked Funds	₹3,091 Cr

Historical NAV & returns

NAV: ₹1386.8379 as on Feb 02, 2026

This fund Category average

HSBC Overnight Fund overview

AUM (Fund size)	₹3,091 Cr
Exit load	0%
Lock-in Period	Nil
Age	6 yrs 8 m since May 21, 2019
Benchmark	NIFTY 1D Rate Index
Min. investment	SIP: ₹1000 & Lumpsum: ₹5000
Expense ratio	0.14% as on Feb 02, 2026
Plan type	Regular
Risk	Low
Tax on your gains	Profits are added to your income and taxed as per your slab rate

HSBC Overnight Fund Returns calculator

Investment type

Monthly investment

₹ 10,000

Investment period

Lumpsum investment

₹1 lakh

Investment period

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.

Total investment ₹ 12 lakh
Profit ₹12 lakhs
Total corpus ₹1 lakh
Absolute return 52.69%

Trailing returns as on Feb 03, 2026

Period	This fund	Category average
1 Month	0.43%	0.42%
3 Months	1.3%	1.18%
6 Months	2.66%	2.54%
1 Year	5.59%	5.46%
2 Years	6.1%	6.03%
3 Years	6.28%	6.23%
4 Years	5.92%	5.89%
5 Years	5.36%	5.33%

Asset allocationas on Dec 31, 2025

Large Cap 0%

Mid Cap 0%

Small Cap 0%

Other Cap 0%

Top holdings

Bifurcation by Holding is not available for this fund

Top sectors

Bifurcation by Sector is not available for this fund

Cash & Call Money 95.16%

SOV 4.84%

Top Debt Holdings

Reserve Bank of India 4.84%

Allocation by Instruments

Reverse Repo 78.96%

Repo 15.74%

Treasury Bills 4.84%

Net Current Assets 0.46%

Other Holdings

Others 0.46%

Detailed portfolio analysis

Peer comparison

Fund name	1M	6M	1Y	3Y	5Y	10Y
HSBC Overnight Fund	0.43%	2.66%	5.59%	6.28%	5.36%	N.A.
Mirae Asset Overnight Fund	0.43%	2.67%	5.61%	6.31%	5.4%	3.14%
PGIM India Overnight Fund	0.42%	2.65%	5.59%	6.29%	5.39%	3.21%
Edelweiss Overnight Fund	0.43%	2.65%	5.57%	6.27%	5.35%	3.25%
UTI Overnight Fund	0.43%	2.67%	5.63%	6.32%	5.4%	5.54%
ICICI Prudential Overnight Fund	0.43%	2.66%	5.6%	6.3%	5.37%	3.65%

Fund name	Std. deviation	Beta	Sharpe	Sortino
HSBC Overnight Fund	0.16	0.11	-0.23	-0.47
Mirae Asset Overnight Fund	0.16	0.11	-0.09	-0.19
PGIM India Overnight Fund	0.16	0.12	-0.17	-0.37
Edelweiss Overnight Fund	0.16	0.11	-0.32	-0.69
UTI Overnight Fund	0.15	0.11	0.02	0.04
ICICI Prudential Overnight Fund	0.16	0.11	-0.13	-0.28

Fund name	ETM Rank	AUM	Fund age	Expense ratio
HSBC Overnight Fund	N.A.	3,091 Cr	6 yrs 8 m	0.14%
Mirae Asset Overnight Fund	N.A.	1,262 Cr	6 yrs 3 m	0.17%
PGIM India Overnight Fund	N.A.	38 Cr	6 yrs 5 m	0.19%
Edelweiss Overnight Fund	N.A.	146 Cr	6 yrs 6 m	0.16%
UTI Overnight Fund	N.A.	3,760 Cr	22 yrs 2 m	0.11%
ICICI Prudential Overnight Fund	N.A.	10,445 Cr	7 yrs 2 m	0.15%

View all Overnight funds

Key risk & return ratios Compared to other funds in the category

Alpha	0.17 vs. 1.51 Underperformed at beating benchmark
Sharpe	-0.23 vs. 1.7 Poor risk-adjusted returns
Beta	0.11 vs. -0.15 More sensitive to market's ups & downs
Standard deviation	0.16 vs. 0.12 More volatile performance

Compare HSBC Overnight Fund in detail with

About this fund

About HSBC Overnight Fund

HSBC Overnight Fund is a Overnight mutual fund scheme from Hsbc Mutual Fund. This fund has been in existence for 6 yrs 8 m, having been launched on 21/05/2019. HSBC Overnight Fund has ₹3,091 Crores worth of assets under management (AUM) as on 31/12/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of HSBC Overnight Fund as of 02/02/2026 is ₹1386.84. The fund has an expense ratio of 0.14%, which is close to what most other Overnight funds charge.

HSBC Overnight Fund returns of last 1-year are 5.61%. Since launch, it has delivered 4.93% average annual returns.
HSBC Overnight Fund scheme's ability to deliver returns consistently is in-line with most funds of its category. Its ability to control losses in a falling market is above average.
The fund's credit profile is very low indicating it has lent to borrowers whose quality is poor. Most funds in this category lend to better borrowers and hence the risk of default in this fund is higher than the category.
The fund's top holdings are in Reserve Bank of India.

...

Fund AUM	3,091 Cr as on Dec 31, 2025
Scheme document	View Scheme Document

Fund managers

Rahul Totla

Mr. Totla is an MBA (Finance) Prior to joining Edelweiss AMC he has worked with Godfrey Philips India.

Investment objective

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

HSBC Mutual Fund details

No. of schemes	44 view all schemes
Total AUM	1,39,633 Cr as on Dec 31, 2025
Address	9-11th Floor, NESCO - IT Park Bldg. 3, Western Express Highway, Goregaon East, Mumbai, 400063

More funds from HSBC Mutual Fund

Fund name	ETM Rank	AUM	1Y	3Y
HSBC Credit Risk Fund	N.A.	512 Cr	19.67%	10.94%
HSBC CRISIL IBX 50:50 Gilt Plus SDL Apr 2028 Index Fund	N.A.	1,963 Cr	7.48%	7.61%
HSBC Income Plus Arbitrage Active FoF	N.A.	670 Cr	5.31%	7.26%
HSBC Corporate Bond Fund	N.A.	6,292 Cr	7.02%	7.26%
HSBC Money Market Fund	N.A.	4,895 Cr	6.98%	7.16%
HSBC Ultra Short Duration Fund	N.A.	3,014 Cr	6.67%	7.03%

See all Debt funds from this AMC

Frequently asked questions

What is the current NAV of HSBC Overnight Fund?

The current Net Asset Value (NAV) of the HSBC Overnight Fund plan is approximately ₹1386.8379 as of Feb 02, 2026.

What are the returns of this mutual fund scheme?

The HSBC Overnight Fund is a 6 yrs 8 m old fund and has delivered average annual returns of 4.99% since inception.

HSBC Overnight Fund Returns

1-Year	3-Year	5-Year	Since Inception
5.59%	6.28%	5.36%	4.99%

How much does this mutual fund charge as expense ratio?

The HSBC Overnight Fund has an expense ratio of 0.14%, representing the annual cost of managing and operating the fund. This fee is deducted from the fund's AUM while declaring the daily NAV, reducing investor returns.

What is the AUM or fund size of this mutual fund?

The HSBC Overnight Fund currently has assets under management (AUM) or fund size valued at approximately 3,091 Cr as on Dec 31, 2025.

To whom does HSBC Overnight Fund lend to?

The top 3 debt holdings of HSBC Overnight Fund are as follows

Holding Name	Percentage of Portfolio
Reserve Bank of India	4.84%

What is the quality of borrowers this mutual fund scheme lends to?

The credit rating of the instruments in which the fund invests represents the quality of the borrower.

The HSBC Overnight Fund allocation by credit quality is given below

Credit Quality	Percentage of Portfolio
Cash & Call Money	95.16%
SOV	4.84%

What is risk level of HSBC Overnight Fund?

This is a Overnight fund comes with Low risk.

Is there any lock-in period in this mutual fund?

No, this fund does not have any lock-in period.

How can I redeem my investments in HSBC Overnight Fund?

Redeeming your investments in the HSBC Overnight Fund is simple. If you have invested via ET Money, just log in to the app, go to the holdings section, and submit the redemption request.

If you have invested from anywhere else, you can go to the fund house website and put a request through it.

ET Money rank

App exclusive

in Overnight

#NA

Volatility Protection: This fund is one of the best in protecting against volatility in it's category.
Return Outperformance: This fund has generated highest return amongst Overnight funds in the last 5 Years.
Exit Load: This fund has no exit load.
Return/Risk: The fund is performing poorly than its category.