Neutral
However, Scripbox does not recommend investing in overnight mutual funds.
Overnight Funds invest in securities with a maturity of 1 day.
These investments have very low interest rate risk; however this also reduces return.
The category accounts for close to 7% of the total assets in the Debt fund assets primarily driven by corporates for whom this provides a better option than current account.Since most of the underlying holdings are Reverse Repos,funds in this category also score well on credit quality.We do not recommend funds in this category for individuals since we believe that liquid funds are a better option with similar credit & interest rate risk but higher return.
Scripbox does not recommend investing in the dividend option of a fund because dividends are taxable at a higher rate than withdrawals.
Track Record
2 Years. The fund has Insufficient history for analysis. We recommend funds with longer history.
Relative Size
1,808 Cr. Medium within the category
Impact of Interest Rate Changes
Lowest Interest Rate Risk. The impact on fund value is very low when interest rates change
Credit Quality Of Fund's Portfolio
Lowest Credit Risk. The fund has a very high credit quality compared to other debt funds
Invest in a scientifically curated set of debt mutual funds which are best aligned towards achieving any short term objectives you may have.
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Scheme Information
The primary objective of the scheme is to seek to generate returns commensurate with low risk and providing high level of liquidity,through investments made primarily in overnight securities having maturity of 1 business day. There is no assurance that the investment objective of the Scheme will be realized.
Low
Low to Moderate
Moderate
Moderately High
High
Very High
Low Risk
0.19 %
Expense Ratio
Jan 09, 2019
Launched (2y ago)
₹ 1,808
AUM in Crores
INF740KA1OU6
ISIN
No Lock-in
Lock-in
Benchmark
₹ 1,000
SIP Minimum
₹ 5,000
Lumpsum Min.
Returns Calculator Comparison
of
for
with step up of
Instrument | Returns | Total Corpus | Gains | Annualised % |
---|---|---|---|---|
Mutual Fund | ₹ 965,796 | ₹ 233,184 | 11.25% | |
EPF | ₹ 900,761 | ₹ 168,149 | 8.50% | |
Property | ₹ 867,662 | ₹ 135,050 | 7.00% | |
PPF | ₹ 869,819 | ₹ 137,207 | 7.10% | |
Bank FD | ₹ 846,471 | ₹ 113,859 | 6.00% | |
Gold | ₹ 846,471 | ₹ 113,859 | 6.00% | |
Savings Bank | ₹ 825,950 | ₹ 93,338 | 5.00% |
Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.
Invest in a scientifically curated set of debt mutual funds which are best aligned towards achieving any short term objectives you may have.
Comparison with Debt Funds
Ultra Short
Recommended
Top Ranked
17 Years
Age
Track Record
Liquid
Recommended
Top Ranked
17 Years
Age
Track Record
Ultra Short
Recommended
Top Ranked
22 Years
Age
Track Record
Low Duration
Recommended
Top Ranked
19 Years
Age
Track Record
Liquid
Recommended
Top Ranked
18 Years
Age
Track Record
About the AMC
DSP Investment Managers Private Limited
DSP Investment Managers Private Limited manages assets worth 98,538 crores and was set up on 13 May 1996. It's current offering of mutual fund schemes includes 54 equity,156 debt and 26 hybrid funds.
US Equity
Recommended
Top Ranked
₹ 338 Cr
Fund Size
21.2%
3Y returns
US Equity
Top Ranked
₹ 338 Cr
Fund Size
19.7%
3Y returns
US Equity
Top Ranked
₹ 338 Cr
Fund Size
19.7%
3Y returns
Diversified
Top Ranked
₹ 4,873 Cr
Fund Size
18.5%
3Y returns
Tax Saving
Top Ranked
₹ 7,882 Cr
Fund Size
12.2%
3Y returns
Invest in a scientifically curated set of debt mutual funds which are best aligned towards achieving any short term objectives you may have.
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DSP Overnight Fund (DR-D) is a overnight debt fund and has delivered an annualised return of 2.2% over a period of 2 years ..The fund is managed by DSP Investment Managers Private Limited.The fund managers are Kedar Karnik, Rahul Vekaria
The primary objective of the scheme is to seek to generate returns commensurate with low risk and providing high level of liquidity,through investments made primarily in overnight securities having maturity of 1 business day. There is no assurance that the investment objective of the Scheme will be realized. However, there is no assurance that the objective of the scheme will be realized.
The DSP Overnight Fund (DR-D) fund was launched on Jan 09, 2019. The NAV (Net Asset Value) of this overnight debt as of 2021-04-18 is ₹ 1000.0. The total AUM (Asset Under Management) of the fund as of 2021-04-18 is ₹ 1807.564. The category risk of the DSP Overnight Fund (DR-D) fund is Low Risk. The fund charges 0.19 % as expense ratio.
The fund’s highest allocation is towards others and has invested 100.0% in this asset class. The top three holdings of the fund are treps / reverse repo investments / corporate debt repo and net receivables/payables
The minimum SIP (Systematic Investment Plan) amount for this is ₹ 1000 and you can increase this in multiples of ₹ 100. In case you want to invest a lump sum, the minimum amount to be invested is ₹ 5000.
This fund is suited for investors looking to invest for 1-4 years. The asset class is less volatile than equity and the fund is likely to provide stable but slow growth. The fund is benchmarked to .
DSP Overnight Fund (DR-D) has a score of 3 on a scale of 5. The fund scores 1 out of 5 based on historical performance. As compared to the other funds in its category, DSP Overnight Fund (DR-D) has a score of 3 out of 5. The credit risk of the fund is 5 out of 5 as compared to other debt funds.