Sharpe ratio
-16.79Return earned for the risk taken.
Negative
Negative means the fund has not rewarded investors well for the risk taken recently.
+5.29%1Y Absolute Return
+0.03%1D
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Past performance is not an indicator of future returns.
Returns calculator comparison
Compare an illustrative investment outcome across return assumptions.
| Asset | Projected corpus | Total invested | Gain | Annual return |
|---|---|---|---|---|
| HSBC Overnight Fund - Direct GrowthFund 5Y annualised return | ₹8,42,313 | ₹7,32,612 | ₹1,09,701 | +5.80% |
| EPFIllustrative annual assumption | ₹8,95,132 | ₹7,32,612 | ₹1,62,520 | +8.25% |
| Residential propertyIllustrative annual assumption | ₹8,67,662 | ₹7,32,612 | ₹1,35,050 | +7.00% |
| PPFIllustrative annual assumption | ₹8,69,819 | ₹7,32,612 | ₹1,37,207 | +7.10% |
| Bank fixed depositIllustrative annual assumption | ₹8,56,981 | ₹7,32,612 | ₹1,24,369 | +6.50% |
| GoldIllustrative annual assumption | ₹8,67,662 | ₹7,32,612 | ₹1,35,050 | +7.00% |
| Savings accountIllustrative annual assumption | ₹7,86,827 | ₹7,32,612 | ₹54,215 | +3.00% |
Illustration only. Fund results use the available NAV-derived annualised return and can be negative. Reference rows are assumptions, not current quoted rates or guaranteed returns; property excludes transaction costs, taxes, and liquidity constraints. Mutual fund investments are subject to market risk.
Wealth multiple
₹1 became₹1.05
₹1 Lakh since launch₹1.05 Lakh
Fund age7.5 yrs
Fund information
Scheme code147287
ISININF336L01OF6
BenchmarkNIFTY 1D Rate Index
CategoryDebt Scheme - Overnight Fund
Expense ratio0.07%
Exit loadNil
Minimum SIP₹1,000 SIP
Return comparison
26th / 226 in category| Period | Fund | Benchmark | Category avg |
|---|---|---|---|
| 1M | +5.71% | — | — |
| 3M | +5.31% | — | — |
| 6M | +5.29% | — | — |
| 1Y | +5.29% | — | +2.44% |
| 3Y | +6.00% | — | +2.51% |
| 5Y | +5.80% | — | +4.17% |
| Since Launch | +5.14% | — | — |
Risk-adjusted performance
Every measure is expanded with a plain-language reading of the latest calculated value.
Sortino ratio
0.00Return earned while limiting downside risk.
Moderate
Moderate downside risk-adjusted performance.
Standard deviation
0.08%How much the fund’s returns fluctuate over time.
Low volatility
Returns have been relatively stable.
Beta
—How closely the fund moves with the market.
Unavailable
This measure needs sufficient fund and benchmark history to calculate.
Alpha
—Extra return generated above the benchmark.
Unavailable
This measure needs sufficient fund and benchmark history to calculate.
Treynor ratio
—Return earned for each unit of market risk taken.
Unavailable
This measure needs sufficient fund and benchmark history to calculate.
Calmar ratio
—How well the fund rewarded investors relative to its biggest decline.
Unavailable
This measure needs sufficient fund and benchmark history to calculate.
Information ratio
—How consistently the fund outperformed its benchmark.
Unavailable
This measure needs sufficient fund and benchmark history to calculate.
Portfolio allocation
Latest disclosed portfolio mix
Asset allocation
Portfolio100%
Cash93.84%
Debt6.16%
Market cap allocation
Market-cap classifications were not present in the latest portfolio disclosure.
Sector allocation
Equity exposure by sector
Top holdings
7 of 7 disclosed positions
| Holding | Sector | Instrument type | Weight |
|---|---|---|---|
| Reverse Repo | Unspecified | Reverse Repo | 74.43% |
| Repo | Unspecified | Repo | 19.1% |
| GOVERNMENT OF INDIA 37341 091 DAYS TBILL 09JL26 FV RS 100 | Financial | Treasury Bills | 2.06% |
| GOVERNMENT OF INDIA 36939 182 DAYS TBILL 17JL26 FV RS 100 | Financial | Treasury Bills | 2.05% |
| 182 DAYS TREASURY BILL MD 23/07/2026 | Financial | Treasury Bills | 1.37% |
| GOVERNMENT OF INDIA 37391 091 DAYS TBILL 23JL26 FV RS 100 | Financial | Treasury Bills | 0.68% |
| Net Current Assets | Unspecified | Net Current Assets | 0.31% |
Fund management
AB
Abhishek Iyer
Since 2025 · Prior to joining Mirae Asset Mutual Fund, he has worked with IDBI Mutual Fund, IIFL Mutual Fund, L&T Mutual Fund and Sahara Mutual Fund.
Mr. Iyer is a B. Com, Master in Finance management, Master of Arts (MA) Economics
RA
Rahul Totla
Since 2025 · Prior to joining Edelweiss AMC he has worked with Godfrey Philips India.
Mr. Totla is an MBA (Finance)
Compare similar funds
No comparable category funds are available yet.
Summary
A low-risk debt scheme - overnight fund. NAV has been stable for its category — worst fall 0.00% with 0.1% volatility.
Strengths
- NAV has been stable for its category — worst fall 0.00% with 0.1% volatility.
- Ranks 26 of 226 in its category over 1 year.
Weaknesses
- None
Ideal investor
- Suited for a few days to 3 months and emergency or idle cash.
Risk drivers
- None