IDFC Overnight Fund Direct Growth
IDFC Overnight Fund Direct Growth

IDFC Overnight Fund Direct Growth

Compare
Debt
Direct
Overnight

NAV: ₹ 1172.8 as on 09-12-2022

Fund Performance
zero opening, trading, fund transfer fee
4 people have invested ₹ 8.1K in mutual fund in the last three months

Fund Performance

Return
1M
3M
6M
1Y
3Y
This Fund
0.5%
1.4%
2.7%
4.5%
3.7%
Benchmark
-
-
-
-
-
About the Fund

IDFC 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

1) IDFC Overnight Fund Direct Growth has a NAV of 1172.8488 as on 09-12-2022.

2) IDFC Overnight Fund Direct Growth has 2205 Cr worth of assets under management (AUM) as on 31-10-2022 and is less than category average.

3) The fund has an expense ratio 0.06 %.

Fund Overview

Expense ratio
Expense ratio
0.06%
Benchmark
Benchmark
CRISIL Liquid Fund TR INR
AUM
AUM
₹2205 Cr
Inception Date
Inception Date
19 January, 2019
Min Lumpsum/SIP
Min Lumpsum/SIP
₹5000/₹1000
Exit Load
Exit Load
0%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
177.13%

Fund Distribution

  • Debt & Cash 100%

Sector Allocation

Oct'22

Sep'22

Aug'22

Cash Equivalent

100%

Top Holdings

  • All
  • Debt & Cash
Total Holdings3
Debt Holdings3
Holdings
Weight%
Holdings Trend
1M Change
icon
Triparty Repo
100.74%
0%
icon
Net Current Assets
1.34%
0%
icon
Cash Margin - Ccil
0.6%
0%

What changed

in last one month
  • Scheme
AUM increased by 283.1 Cr in last 1M
Oct'22 return outperformed benchmark

Change in AUM

Oct'22
₹ 3.4K Cr
Sep'22
₹ 3.1K Cr
Aug'22
₹ 2.3K Cr

Fund Returns vs Benchmark

Oct'22
0.41%
0.36%
Sep'22
0.44%
0.40%
Aug'22
0.43%
0.41%
Fund Return
Benchmark Return

Fund Manager

Brijesh Shah

Brijesh Shah

Managing this fund since 1 February 2019

Top funds managed

Scheme
Annualised Returns(3Y)
Category Returns(3Y)
IDFC Cash Fund - Direct Plan - Growth
4.06%
1.29%
IDFC Money Manager Fund Direct Plan Growth
4.7%
4.37%
IDFC Balanced Advantage Direct Growth
10.96%
11.72%

AMC details

Address
IDFC Asset Management Company Limited,OneIndiaBulls Centre, 841, Jupiter Mills Compound,,Senapati Bapat Marg,,Elphinstone Road (West),
Phone
022-68087000/18602660111
Fund House
IDFC Asset Management Company Limited

Fund Highlights

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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 4.18% since inception which is more than its category average return of 3.02%
AUM size ₹2205 Cr

AUM size ₹2205 Cr

This fund has AUM of ₹2205 Cr which is less than its category average of ₹ 3508 Cr
Expense Ratio 0.06%

Expense Ratio 0.06%

This fund has an expense ratio of 0.06% which is less than its category average expense ratio of 0.14%

Frequently Asked Questions

The current NAV of IDFC Overnight Fund Direct Growth is 1172.65.
Existing (Absolute + CAGR)
IDFC Overnight Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
0.47%
0.47%
6 Month Returns
2.69%
2.69%
1 Year Returns
4.52%
4.52%
3 Years Returns
11.56%
3.71%
5 Years Returns
0%
0%
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.
0.06 as on November 2022
2205 Cr as on November 2022
Brijesh Shah is the fund manager of IDFC Overnight Fund Direct Growth
The Exit load of IDFC Overnight Fund Direct Growth is 0%

Mutual Fund execution provided by

Technology facilitation Services provided by Finzoom Investment Advisors Pvt. Ltd. - Advisory unit. SEBI Registered Investment Advisor: INA100012190 | BASL Registration No. 1154 | BSE StarMF Platform code: 24801

Disclaimer: Mutual Fund investments are subject to market risks, read all scheme related documents carefully. Past performance is not indicative of future returns.