Bandhan Overnight Fund Direct Growth
Get the latest NAV of Bandhan Overnight Fund Direct Growth. View historical returns compared to its benchmark and category average. Know which stocks and sectors the fund is investing in. Get an estimate of returns from the SIP and lump sum returns calculator. View detailed holding analysis and peer comparison. Get INDmoney ranking of the fund.
₹1390.51
NAV as on 16 Aug 2025
5.14%/per year
Since Inception
▲▼
41 people have invested ₹ 32.9L in Bandhan Overnight Fund Direct Growth in the last three months
Bandhan Overnight Fund Performance vs. Overnight Index
Fund returns vs Benchmark returns vs Category Average returns as on (16-Aug-25)
Bandhan Overnight Fund Ranking and Peer Comparison
Ranked based on performance, risk management and cost efficiency
Ranked 3 out of 16 mutual funds in the overnight category as per INDmoney.
Bandhan Overnight Fund Returns Calculator
Calculate SIP and lumpsum returns based on historical performance
Total Investment
0
Profit
Total Corpus
0
Bandhan Overnight Fund Asset Allocation
See fund asset allocation details as on (14-Aug-25)
Fund Distribution
as on (14-Aug-25)
Debt & Cash 100%
Bandhan Overnight Fund Sector Allocation
See fund sector allocation details as on (14-Aug-25)
Sector Allocation
Debt & Cash 100%
Top Sector in July was Government
Government
6%
Bandhan Overnight Fund Direct Growth Overview
Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.
| Expense ratio | 0.05% |
Benchmark | Nifty 1D Rate Index |
| AUM | ₹817 Cr |
| Inception Date | 19 January, 2019 |
| Min Lumpsum/SIP | ₹1000/₹100 |
| Exit Load | 0% |
| Lock In | No Lock-in |
TurnOver | 16471.8% |
| Risk |   Low Risk |
About Bandhan Overnight Fund
Bandhan Overnight Fund Direct Growth is a debt fund. This fund was started on 19 January, 2019. The fund is managed by Brijesh Shah. This fund is suitable to keep your money safe.
Key Parameters
- Bandhan Overnight Fund Direct Growth has ₹817 Cr worth of assets under management (AUM) as on Aug 2025 and is more than category average.
- The fund has an expense ratio 0.1.
Returns
Bandhan Overnight Fund Direct Growth has given a CAGR return of 5.14% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 6.25%, 6.47% and 5.23% respectively.
Holdings
Bandhan Overnight Fund Direct Growth has allocated its funds majorly in Cash Equivalent. Its top holdings are 91 Days Tbill (Md 28/08/2025), 91 Days Tbill (Md 28/08/2025), 182 DTB 29082025
Taxation
As it is a overnight mutual fund the taxation is as follows:If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:Invested before 1 April 2023 and held for less than 24 months, STCG will be taxed at your income slab rate.Invested before 1 April 2023 and held for more than 24 months, LTCG will be taxed at 12.5%.Invested after 1 April 2023, capital gains will be taxed at your income slab rate.Dividends will always be taxed at slab rate.
Investment objective of Bandhan Overnight Fund Direct Growth
The Fund seeks to offer an investment avenue for short term savings by looking to generate returns in line with the overnight rates.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 100.00. Bandhan Overnight Fund Direct Growth has no lock in period.
Fund Manager
Brijesh Shah
Fund Manager of Bandhan Overnight Fund Direct Growth, since 1 February 2019
- AUM of the fund stands at 816.5 Cr as of Jul'25
- AUM decreased by 190.6 Cr between Jul'25 and Jun'25
More funds from Bandhan
3Y CAGR
▲ 7.87
Frequently Asked Questions for Bandhan Overnight Fund Direct Growth
How do I invest in Bandhan Overnight Fund?
- Download the INDmoney app.
- Search for ‘Bandhan Overnight Fund’.
- Select whether you want to invest in SIP or lump sum.
- Enter the amount you wish to invest.
- Set up payments via bank mandate or UPI.