HDFC Overnight Fund Direct Growth
About the Fund
HDFC Overnight Fund Direct Growth is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Anil Bamboli. This fund is suitable to keep your money safe.
Key Parameters
- HDFC Overnight Fund Direct Growth has ₹11679 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
- The fund has an expense ratio 0.1.
Returns
HDFC Overnight Fund Direct Growth has given a CAGR return of 6.02% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 6.77%, 5.50% and 4.76% respectively.
Holdings
HDFC Overnight Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Industrial, Consumer Cyclical, Basic Materials, Energy, Tech, Real Estate, Utilities, Health, Government, Communication, Consumer Defensive. Its top holdings are 91 DTB 08082024, 191 DTB 19072024, 182 DTB 25072024, 91 DTB 25072024, 182 DTB 18072024
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:For short term (less than 3 years) capital gains will be taxed at your income slab rate.For long term (more than 3 years) capital gains will be taxed at 20% with indexation benefit.Dividends will always be taxed at slab rate.
Investment objective of HDFC Overnight Fund Direct Growth
To generate returns by investing in debt and money market instruments with overnight maturity. 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 1000.00. HDFC Overnight Fund Direct Growth has no lock in period.
Fund Overview
| Expense ratio | 0.1% |
Benchmark | CRISIL Liquid Fund TR INR |
| AUM | ₹11679 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹100/₹1000 |
| Exit Load | 0% |
| Lock In | No Lock-in |
TurnOver | 38.26% |
| Risk |   Low Risk |
Fund Distributionas on (31-Dec-69)
as on (30-Jun-24)
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 91 DTB 08082024 | 1.02% | 0% | |
191 DTB 19072024 | 0.77% | 0% | |
182 DTB 25072024 | 0.56% | 0% | |
91 DTB 25072024 | 0.47% | 0% | |
182 DTB 18072024 | 0.3% | 0% |
Funds | 1Y Returns | 3Y Returns | 5Y Returns | Since Inception |
|---|---|---|---|---|
HDFC Overnight Fund Direct Growth | 6.8% | 5.5% | 4.8% | 6% |
 Bank of India Overnight Fund Direct Growth | 6.9% | 5.6% | - | 4.9% |
 Axis Overnight Fund Direct Growth | 6.8% | 5.6% | 4.8% | 4.9% |
 DSP Overnight Fund Direct Growth | 6.8% | 5.6% | 4.8% | 5% |
Mutual Fund Insights
HDFC Overnight Fund Direct Growth Highlights
Low Risk
About the fund
AUM size ₹11679 Cr
Expense Ratio 0.1%
Frequently Asked Questions
HDFC Overnight Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.53% | 0.53% |
6 Month Returns | 3.28% | 3.28% |
1 Year Returns | 6.77% | 6.77% |
3 Years Returns | 17.42% | 5.5% |
5 Years Returns | 26.18% | 4.76% |
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
AAA | 100 |