PGIM India Overnight Fund Direct Growth
Get the latest NAV of PGIM India 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.
₹1360.70
NAV as on 03 Nov 2025
5.1%/per year
Since Inception
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15 people have invested ₹ 43.6L in PGIM India Overnight Fund Direct Growth in the last three months
PGIM India Overnight Fund Performance vs. Overnight Index
Fund returns vs Benchmark returns vs Category Average returns as on (03-Nov-25)
The fund has consistently outperformed the benchmark (Overnight Index) over the last 1Y, 3Y, 5Y time periods.
Peer comparison
PGIM India Overnight Fund Returns Calculator
Calculate SIP and lumpsum returns based on historical performance
Total Investment
0
Profit
Total Corpus
0
PGIM India Overnight Fund Asset Allocation
See fund asset allocation details as on (14-Oct-25)
Fund Distribution
as on (14-Oct-25)
PGIM India Overnight Fund Sector Allocation
See fund sector allocation details as on (14-Oct-25)
Sector Allocation
PGIM India Overnight Fund Holdings Details
as on (31-Oct-25)
PGIM India Overnight Fund Direct Growth Overview
Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.
| Expense ratio | 0.14% |
Benchmark | Nifty 1D Rate TR INR |
| AUM | ₹114 Cr |
| Inception Date | 27 August, 2019 |
| Min Lumpsum/SIP | ₹5000/₹1000 |
| Exit Load | 0% |
| Lock In | No Lock-in |
TurnOver | 94.88% |
| Risk |   Low Risk |
About PGIM India Overnight Fund
PGIM India Overnight Fund Direct Growth is a hybrid fund. This fund was started on 27 August, 2019. The fund is managed by Bhupesh Kalyani, Puneet Pal. This fund gives you the benefit of diversification.
Key Parameters
- PGIM India Overnight Fund Direct Growth has ₹114 Cr worth of assets under management (AUM) as on Oct 2025 and is more than category average.
- The fund has an expense ratio 0.1.
Returns
PGIM India Overnight Fund Direct Growth has given a CAGR return of 5.10% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 5.99%, 6.43% and 5.34% respectively.
Holdings
PGIM India Overnight Fund Direct Growth has allocated its funds majorly in Cash Equivalent.
Taxation
As it is a overnight mutual fund the taxation is as follows:If the fund is equity oriented i.e. asset allocation of more than 65% in equity instruments:For short term (less than a year) capital gains will be taxed at 20%For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefitLong term gains up to Rs 1 lakh are exempt from taxation (more than 12 months).
Investment objective of PGIM India Overnight Fund Direct Growth
The Scheme aims to provide reasonable returns commensurate with low risk and providing a high level of liquidity, through investments made primarily in overnight securities having maturity of 1 business day.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 1000.00. PGIM India Overnight Fund Direct Growth has no lock in period.
Fund Manager
Bhupesh Kalyani
Fund Manager of PGIM India Overnight Fund Direct Growth, since 13 September 2022
Puneet Pal
Fund Manager of PGIM India Overnight Fund Direct Growth, since 16 July 2022
- AUM of the fund stands at 114 Cr as of Sep'25
- AUM increased by 58.5 Cr between Sep'25 and Aug'25
Frequently Asked Questions for PGIM India Overnight Fund Direct Growth
How do I invest in PGIM India Overnight Fund?
- Download the INDmoney app.
- Search for ‘PGIM India 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.