Historical NAV & Returns
About PGIM India Overnight Fund Direct Growth
PGIM India Overnight Fund Direct Growth is a debt fund. This fund was started on 27 August, 2019. The fund is managed by Bhupesh Kalyani, Puneet Pal. This fund is suitable to keep your money safe.
Key Parameters
- PGIM India Overnight Fund Direct Growth has ₹97 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
- The fund has an expense ratio 0.1.
Returns
PGIM India Overnight Fund Direct Growth has given a CAGR return of 5.07% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 6.61%, 6.35% and 5.10% respectively.
Holdings
PGIM India Overnight Fund Direct Growth has allocated its funds majorly in Cash Equivalent. Its top holdings are 91 DTB 17042025
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 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.
PGIM India Overnight Fund Direct Growth Overview
| Expense ratio | 0.1% |
Benchmark | Nifty 1D Rate TR INR |
| AUM | ₹97 Cr |
| Inception Date | 27 August, 2019 |
| Min Lumpsum/SIP | ₹5000/₹1000 |
| Exit Load | 0% |
| Lock In | No Lock-in |
TurnOver | 126.22% |
| STCG | Selling mutual fund within 36 months, gains taxed at slab rates. |
| LTCG | Holding over 3 years, gains taxed at slab rates without indexation. |
| Risk |   Low Risk |
Trailing Returns
as on (29-Apr-25)
Fund Distribution
as on (31-Dec-69)
- AUM of the fund stands at 88.1 Cr as of Mar'25
- AUM increased by 1 Cr between Mar'25 and Feb'25
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 91 DTB 17042025 | 4.66% | 0% |
Funds | 1Y Returns | 3Y Returns | 5Y Returns | Since Inception |
|---|---|---|---|---|
 PGIM India Overnight Fund Direct Growth | 6.61% | 6.35% | 5.1% | 5.07% |
 Bank of India Overnight Fund Direct Growth | 6.69% | 6.43% | 5.18% | 5.14% |
 Axis Overnight Fund Direct Growth | 6.65% | 6.39% | 5.11% | 5.09% |
 ICICI Prudential Overnight Fund Direct Growth | 6.58% | 6.34% | 5.06% | 5.14% |
PGIM India Overnight Fund Direct Growth Highlights
Low Risk
About the fund
AUM size ₹97 Cr
Expense Ratio 0.1%
More funds from PGIM
5Y CAGR
▲ 6.99
5Y CAGR
▲ 7.26
5Y CAGR
▲ 6.04
Frequently Asked Questions for PGIM India Overnight Fund Direct Growth
PGIM India Overnight Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.52% | 0.52% |
6 Month Returns | 3.21% | 3.21% |
1 Year Returns | 6.61% | 6.61% |
3 Years Returns | 20.3% | 6.35% |
- 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 |