DSP Overnight Fund Direct Weekly Reinvestment of Income Distribution cum capital withdrawal option
Get the latest NAV of DSP Overnight Fund Direct Weekly Reinvestment of Income Distribution cum capital withdrawal option. 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.
₹1000.89
NAV as on 22 May 2023
3.96%/per year
Since Inception
▲▼
DSP Overnight Fund Direct Weekly Reinvestment of Income Distribution cum capital withdrawal option Performance vs. Overnight Index
Fund returns vs Benchmark returns vs Category Average returns as on (22-May-23)
The fund has underperformed the benchmark (Overnight Index) over the last 1Y, 3Y, 5Y time periods.
Peer comparison
DSP Overnight Fund Direct Weekly Reinvestment of Income Distribution cum capital withdrawal option Returns Calculator
Calculate SIP and lumpsum returns based on historical performance
Total Investment
0
Profit
Total Corpus
0
DSP Overnight Fund Direct Weekly Reinvestment of Income Distribution cum capital withdrawal option Asset Allocation
See fund asset allocation details as on (14-Sep-25)
Fund Distribution
as on (14-Sep-25)
DSP Overnight Fund Direct Weekly Reinvestment of Income Distribution cum capital withdrawal option Sector Allocation
See fund sector allocation details as on (14-Sep-25)
Sector Allocation
Top Sector in August was Government
Government
DSP Overnight Fund Direct Weekly Reinvestment of Income Distribution cum capital withdrawal option Overview
Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.
| Expense ratio | 0.07% |
Benchmark | CRISIL Liquid Overnight TR INR |
| AUM | ₹1700 Cr |
| Inception Date | 9 January, 2019 |
| Min Lumpsum/SIP | --/-- |
| Exit Load | 0% |
| Lock In | No Lock-in |
TurnOver | 77.56% |
| Risk |   Low Risk |
About DSP Overnight Fund Direct Weekly Reinvestment of Income Distribution cum capital withdrawal option
DSP Overnight Fund Direct Weekly Reinvestment of Income Distribution cum capital withdrawal option is a debt fund. This fund was started on 9 January, 2019. The fund is managed by Shalini Vasanta, Karan Mundhra. This fund is suitable to keep your money safe.
Key Parameters
- DSP Overnight Fund Direct Weekly Reinvestment of Income Distribution cum capital withdrawal option has ₹1700 Cr worth of assets under management (AUM) as on Sep 2025 and is more than category average.
- The fund has an expense ratio 0.1.
Returns
DSP Overnight Fund Direct Weekly Reinvestment of Income Distribution cum capital withdrawal option has given a CAGR return of 3.96% since inception. Over the last 1 and 3 years the fund has given a CAGR return of 5.78% and 4.05% respectively.
Holdings
DSP Overnight Fund Direct Weekly Reinvestment of Income Distribution cum capital withdrawal option has allocated its funds majorly in Cash Equivalent. Its top holdings are 91 Days Tbill (Md 28/08/2025), 182 Days Tbill, 91 Days Tbill (Md 28/08/2025), 364 Days Tbill 2025
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 DSP Overnight Fund Direct Weekly Reinvestment of Income Distribution cum capital withdrawal option
The primary 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. There is no assurance that the investment objective of the Scheme will be realized.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. DSP Overnight Fund Direct Weekly Reinvestment of Income Distribution cum capital withdrawal option has no lock in period.
Fund Manager
Shalini Vasanta
Fund Manager of DSP Overnight Fund Direct Weekly Reinvestment of Income Distribution cum capital withdrawal option, since 1 August 2024
Karan Mundhra
Fund Manager of DSP Overnight Fund Direct Weekly Reinvestment of Income Distribution cum capital withdrawal option, since 1 August 2024
- AUM of the fund stands at 1.7K Cr as of Aug'25
- AUM increased by 128.7 Cr between Aug'25 and Jul'25
Frequently Asked Questions for DSP Overnight Fund Direct Weekly Reinvestment of Income Distribution cum capital withdrawal option
How do I invest in DSP Overnight Fund Direct Weekly Reinvestment of Income Distribution cum capital withdrawal option?
- Download the INDmoney app.
- Search for ‘DSP Overnight Fund Direct Weekly Reinvestment of Income Distribution cum capital withdrawal option’.
- 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.