HDFC Overnight Fund Direct Growth

HDFC Overnight Fund Direct Growth

Debt

Direct

Overnight

NAV as on 19-03-2025

₹ 3778.88

Inception Returns

6%

/yr

About HDFC Overnight Fund Direct Growth

HDFC Overnight Fund Direct Growth is a debt fund. This fund was started on 1 January, 2013. The fund is managed by . This fund is suitable to keep your money safe.

Key Parameters

  1. HDFC Overnight Fund Direct Growth has ₹12517 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
  2. The fund has an expense ratio 0.1.

Returns

HDFC Overnight Fund Direct Growth has given a CAGR return of 6.05% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 6.59%, 6.21% and 4.95% 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, Communication, Government, Consumer Defensive. Its top holdings are 91 DTB 20032025, 182 DTB 13032025, 91 DTB 06032025, 182 DTB 18102024, 91 DTB 13032025

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 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.

Historical NAV & Returns

Absolute

zero opening, trading, fund transfer fee
380 people have invested ₹ 2.7Cr in HDFC Overnight Fund Direct Growth in the last three months

HDFC Overnight Fund Direct Growth Overview

Expense ratio0.1%
Benchmark
CRISIL Liquid Fund TR INR
AUM₹12517 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹100/₹1000
Exit Load0%
Lock InNo Lock-in
TurnOver
0.85%
STCGSelling mutual fund within 36 months, gains taxed at slab rates.
LTCGHolding over 3 years, gains taxed at slab rates without indexation.
Risk
Risk meter
pointer
Low Risk

Trailing Returns

as on (19-Mar-25)

Period
HDFC Overnight Fund Direct Growth
Overnight Index
1M
0.5%
-
3M
1.6%
-
6M
3.2%
-
1Y
6.6%
-
3Y
6.2%
-
5Y
5%
-

Fund Distribution

as on (31-Dec-69)

  • Debt & Cash 100%

AAA
100%

Sector Allocation

Feb'25

Jan'25

Dec'24

Cash Equivalent
99.2%
Government
0.8%
All changes are between Oct'69 and Dec'69
Parameters
Feb'25
Jan'25
Dec'24
AUM
₹ 12.5K Cr
₹ 11.5K Cr
₹ 10.9K Cr
  • AUM of the fund stands at 12.5K Cr as of Feb'25
  • AUM increased by 1K Cr between Feb'25 and Jan'25

Top 3 Sectors in February were Financial Services, Industrial & Consumer Cyclical

Feb'25
Financial Services
28%
Industrial
20%
Consumer Cyclical
13%
Jan'25
Financial Services
28%
Industrial
20%
Consumer Cyclical
13%
  • Debt & Cash

Holdings
Weight%
1M Change
91 DTB 20032025
91 DTB 20032025
1.31%
0%
182 DTB 13032025
182 DTB 13032025
1%
0%
91 DTB 06032025
91 DTB 06032025
0.8%
0%
182 DTB 18102024
182 DTB 18102024
0.6%
0%
91 DTB 13032025
91 DTB 13032025
0.32%
0%
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Fund House
HDFC Asset Management Co Ltd
Total Schemes
Total AUM
₹7.12L Cr
as on 31-Jan-2025
Address
HDFC Asset Management Company Limited,“HUL House”, 2nd Floor,,H.T. Parekh Marg,165-166, Backbay Reclamation,,Churchgate,
Phone
+912266316333
Website
cliser@hdfcfund.com

Mutual Fund Insights

Insights icon
In the last 5 years, Mirae Asset Overnight Fund Direct Growth has given 5.05% return, outperforming this fund by 0.1% per annum.
Insights icon
This fund expense ratio is slightly on the lower side within the category (overnight). Its expense ratio is 0.1% which is lower than the category average expense ratio of 0.11%.
Insights icon
In the last 1 year, Axis Overnight Fund Direct Growth has given 6.69% return, outperforming this fund by 0.1%.
Insights icon
In the last 3 years, Axis Overnight Fund Direct Growth has given 6.29% return, outperforming this fund by 0.08% per annum.
Insights icon
Over the last 6 months, this fund has experienced a 30.7% growth in AUM moving from 9.57K Cr to 12.51K Cr.

HDFC Overnight Fund Direct Growth Highlights

Risk meter
pointer

Low Risk

Investors understand that their principal will be at Low Risk
About the fund

About the fund

This fund has delivered an average annual returns of 6.05% since inception which is more than its category average return of 4.25%
AUM size ₹12517 Cr

AUM size ₹12517 Cr

This fund has AUM of ₹12517 Cr which is more than its category average of ₹ 2345 Cr
Expense Ratio 0.1%

Expense Ratio 0.1%

This fund has an expense ratio of 0.1% which is less than its category average expense ratio of 0.13%

Frequently Asked Questions for HDFC Overnight Fund Direct Growth

The current NAV of HDFC Overnight Fund Direct Growth is ₹3778.88 as on 19-Mar-2025.
Existing (Absolute + CAGR) as on 19-Mar-2025.
HDFC Overnight Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
0.47%
0.47%
6 Month Returns
3.19%
3.19%
1 Year Returns
6.59%
6.59%
3 Years Returns
19.81%
6.21%
5 Years Returns
27.35%
4.95%
With INDmoney, the process of investing is very simple and involves zero commission.
  • 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.
0.1% as on February 2025
₹12517 Cr as on February 2025
91 DTB 20032025(1.31%), 182 DTB 13032025(1%), 91 DTB 06032025(0.8%), 182 DTB 18102024(0.6%), 91 DTB 13032025(0.32%) as on February 2025
Yield to Maturity is 0.01 as on February 2025. Yield to Maturity is the total return earned on your bond investments if you hold the bond investments till maturity & all bonds' proceeds are reinvested in it.
Modified Duration is 0.01 as on February 2025. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
100
The Exit load of HDFC Overnight Fund Direct Growth is 0%