Choice Overnight Fund Direct Growth
Get the latest NAV of Choice 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.
₹100.71
NAV as on 23 Aug 2026
0.66%/per year
Since Inception
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21 people have invested ₹ 2.4L in Choice Overnight Fund in the last three months
Choice Overnight Fund Performance vs. Overnight Index
Fund returns vs Benchmark returns vs Category Average returns as on (23-Aug-26)
The fund has underperformed the benchmark (Overnight Index) over the last 1Y, 3Y, 5Y time periods.
Peer comparison
Choice Overnight Fund Returns Calculator
Calculate SIP and lumpsum returns based on historical performance
Total Investment
0
Profit
Total Corpus
0
Choice Overnight Fund Overview
Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.
| Expense ratio | 0.11% |
Benchmark | CRISIL Liquid Overnight TR INR |
| AUM | -- |
| Inception Date | 6 July, 2026 |
| Min Lumpsum/SIP | ₹1,000/₹500 |
| Exit Load | 0% |
| Lock In | No Lock-in |
TurnOver | 0% |
| Risk |   Low Risk |
About Choice Overnight Fund
Choice Overnight Fund Direct Growth is a debt fund. This fund was started on 6 July, 2026. The fund is managed by Rochan Pattnayak. This fund is suitable to keep your money safe.
Key Parameters
- Choice Overnight Fund has ₹0 Cr worth of assets under management (AUM) as on Aug 2026 and is more than category average.
- The fund has an expense ratio 0.1.
Returns
Choice Overnight Fund has given a CAGR return of 0.66% since inception.
Holdings
Choice Overnight Fund has allocated its funds majorly in . Its top holdings are
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 Choice Overnight Fund
The objective of the scheme is to seek to generate returns commensurate with low risk and providing high level of liquidity, through investments made primarily in overnight securities having maturity of 1 business day. However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 1000.00 and for SIP is INR 500.00. Choice Overnight Fund has no lock in period.
Fund Manager
Rochan Pattnayak
Fund Manager of Choice Overnight Fund, since 6 July 2026
Frequently Asked Questions for Choice Overnight Fund Direct Growth
How do I invest in Choice Overnight Fund?
- Download the INDmoney app.
- Search for ‘Choice 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.