DSP Overnight Fund Direct Growth

Fund Overview

Fund Size

₹2,659 Cr

Expense Ratio

0.06%

ISIN

INF740KA1MC8

Minimum SIP

₹100

Exit Load

No Charges

Inception Date

09 Jan 2019

About this fund

DSP Overnight Fund Direct Growth is a Overnight mutual fund schemes offered by DSP Mutual Fund. This fund has been in existence for 7 years and 1 months, having been launched on 09-Jan-19.
As of 08-Feb-26, it has a Net Asset Value (NAV) of ₹1432.61, Assets Under Management (AUM) of 2659.27 Crores, and an expense ratio of 0.06%.

DSP Overnight Fund Direct Growth has given a CAGR return of 5.20% since inception.
The fund's asset allocation comprises around 0.00% in equities, 0.00% in debts, and 100.00% in cash & cash equivalents.
You can start investing in DSP Overnight Fund Direct Growth with a SIP of ₹100 or a Lumpsum investment of ₹100.

Performance against Category Average

In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.

1 Year

+5.67%

— (Cat Avg.)

3 Years

+6.38%

— (Cat Avg.)

5 Years

+5.47%

— (Cat Avg.)

Since Inception

+5.20%

— (Cat Avg.)

Portfolio Summaryas of 15th January 2026

Others

₹2,659.27 Cr

100.00%

Top Holdings

All Holdings

Equity

Debt & Others

Name	Type	Amount	Holdings
Treps / Reverse Repo Investments	Cash - Repurchase Agreement	₹1,456.33 Cr	74.20%
HDFC Bank Ltd.	Bond - Corporate Bond	₹150 Cr	7.64%
Hero Fincorp Limited	Cash - Commercial Paper	₹150 Cr	7.64%
Icici Securities Limited (Earlier Icici Brokerage Services Limited)	Cash - Commercial Paper	₹150 Cr	7.64%
364 DTB 12022026	Bond - Gov't/Treasury	₹44.83 Cr	2.28%
Net Receivables/Payables	Cash	₹-38.36 Cr	1.95%
Tbill	Bond - Gov't/Treasury	₹24.98 Cr	1.27%
India (Republic of)	Bond - Short-term Government Bills	₹24.95 Cr	1.27%

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

Instruments	Amount	Holdings
Cash - Repurchase Agreement	₹1,456.33 Cr	74.20%
Cash - Commercial Paper	₹300 Cr	15.28%
Bond - Corporate Bond	₹150 Cr	7.64%
Bond - Gov't/Treasury	₹69.81 Cr	3.56%
Cash	₹-38.36 Cr	1.95%
Bond - Short-term Government Bills	₹24.95 Cr	1.27%

Risk & Performance Ratios

Fund Managers

Karan Mundhra

Since August 2024

Shantanu Godambe

Since January 2026

Shalini Vasanta

Since August 2024

Additional Scheme Detailsas of 15th January 2026

ISIN

INF740KA1MC8

Expense Ratio

0.06%

Exit Load

No Charges

Fund Size

₹2,659 Cr

Age

7 years 1 month

Lumpsum Minimum

₹100

Fund Status

Open Ended Investment Company

Benchmark

CRISIL Liquid Overnight TR INR

Investment Objective

To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.

Tax Treatment

Capital Gains Taxation:

Dividend Taxation:

Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.

Similar Overnight Funds

Fund name	Expense Ratio	Exit Load	Fund size	1Y
SBI NIFTY 1D Rate Liquid ETF - Growth Low Risk	0.2%	-	₹63.80 Cr	-
360 ONE Overnight Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹217.38 Cr	-
360 ONE Overnight Fund Regular Growth Low to Moderate Risk	0.1%	0.0%	₹217.38 Cr	-
JioBlackRock Overnight Fund Direct Growth Low Risk	0.1%	0.0%	₹1249.64 Cr	-
Zerodha Overnight Fund Direct Growth Low Risk	0.1%	0.0%	₹74.80 Cr	-
JM Overnight Fund Direct Growth Low Risk	0.1%	0.0%	₹113.01 Cr	5.6%
JM Overnight Fund Regular Growth Low Risk	0.1%	0.0%	₹113.01 Cr	5.5%
Shriram Nifty 1D Rate Liquid ETF Low Risk	0.4%	-	₹33.93 Cr	5.2%
SBI NIFTY 1D Rate ETF Low Risk	0.3%	-	₹51.99 Cr	4.1%
Helios Overnight Fund Regular Growth Low Risk	0.2%	0.0%	₹290.58 Cr	5.5%
Helios Overnight Fund Direct Growth Low Risk	0.1%	0.0%	₹290.58 Cr	5.5%
Baroda BNP Paribas Overnight Fund Regular Growth Low Risk	0.1%	0.0%	₹675.77 Cr	5.6%
Baroda BNP Paribas Overnight Fund Direct Growth Low Risk	0.1%	0.0%	₹675.77 Cr	5.7%
PGIM India Overnight Fund Regular Growth Low Risk	0.2%	0.0%	₹38.42 Cr	5.6%
PGIM India Overnight Fund Direct Growth Low Risk	0.1%	0.0%	₹38.42 Cr	5.6%
Bandhan Overnight Fund Direct Growth Low Risk	0.1%	0.0%	₹1032.01 Cr	5.7%
Bandhan Overnight Fund Regular Growth Low Risk	0.1%	0.0%	₹1032.01 Cr	5.6%
DSP Overnight Fund Direct Growth Low Risk	0.1%	0.0%	₹2659.27 Cr	5.7%
DSP Overnight Fund Regular Growth Low Risk	0.1%	0.0%	₹2659.27 Cr	5.6%
JM Overnight Fund Regular Growth Low Risk	0.1%	0.0%	₹200.81 Cr	6.7%
JM Overnight Fund Direct Growth Low Risk	0.1%	0.0%	₹200.81 Cr	6.8%
Canara Robeco Overnight Fund Regular Growth Low Risk	0.1%	0.0%	₹371.04 Cr	5.6%
Canara Robeco Overnight Fund Direct Growth Low Risk	0.1%	0.0%	₹371.04 Cr	5.6%
Edelweiss Overnight Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹145.80 Cr	5.6%
Edelweiss Overnight Fund Regular Growth Low to Moderate Risk	0.2%	0.0%	₹145.80 Cr	5.6%
Mahindra Manulife Overnight Fund Regular Growth Low Risk	0.2%	0.0%	₹85.25 Cr	5.6%
Mahindra Manulife Overnight Fund Direct Growth Low Risk	0.1%	0.0%	₹85.25 Cr	5.7%
NJ Overnight Fund Regular Growth Low Risk	0.1%	0.0%	₹326.97 Cr	5.5%
NJ Overnight Fund Direct Growth Low Risk	0.1%	0.0%	₹326.97 Cr	5.6%
Shriram Overnight Fund Direct Growth Low Risk	0.1%	0.0%	₹235.86 Cr	5.6%
Shriram Overnight Fund Regular Growth Low Risk	0.2%	0.0%	₹235.86 Cr	5.5%
HSBC Overnight Fund Direct Growth Low Risk	0.1%	0.0%	₹3767.27 Cr	5.7%
HSBC Overnight Fund Regular Growth Low Risk	0.1%	0.0%	₹3767.27 Cr	5.6%
UTI Overnight Fund Direct Growth Low Risk	0.1%	0.0%	₹3759.67 Cr	5.7%
Bajaj Finserv Overnight Fund Regular Growth Low to Moderate Risk	0.1%	0.0%	₹965.36 Cr	5.7%
Bajaj Finserv Overnight Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹965.36 Cr	5.7%
Aditya BSL Overnight Fund Direct Growth Low Risk	0.1%	0.0%	₹8421.31 Cr	5.7%
Aditya BSL Overnight Fund Regular Growth Low Risk	0.2%	0.0%	₹8421.31 Cr	5.5%
Franklin India Overnight Fund Regular Growth Low to Moderate Risk	0.1%	0.0%	₹570.66 Cr	5.7%
Franklin India Overnight Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹570.66 Cr	5.7%
SBI Overnight Fund Direct Growth Low Risk	0.1%	0.0%	₹23323.84 Cr	5.6%
Kotak Overnight Fund Direct Growth Low Risk	0.1%	0.0%	₹5951.71 Cr	5.7%
Kotak Overnight Fund Regular Growth Low Risk	0.2%	0.0%	₹5951.71 Cr	5.6%
Invesco India Overnight Fund Regular Growth Low Risk	0.1%	0.0%	₹690.27 Cr	5.6%
Invesco India Overnight Fund Direct Growth Low Risk	0.1%	0.0%	₹690.27 Cr	5.7%
HDFC Overnight Fund Direct Growth Low Risk	0.1%	0.0%	₹10963.04 Cr	5.6%
TRUSTMF Overnight Fund Regular Growth Low Risk	0.1%	0.0%	₹41.45 Cr	5.5%
TRUSTMF Overnight Fund Direct Growth Low Risk	0.1%	0.0%	₹41.45 Cr	5.6%
Samco Overnight Fund Regular Growth Low Risk	0.3%	0.0%	₹37.03 Cr	5.2%
Samco Overnight Fund Direct Growth Low Risk	0.1%	0.0%	₹37.03 Cr	5.4%

About the AMC

DSP Mutual Fund

+91 18002084499

https://www.dspim.com/

Total AUM

₹2,26,583 Cr

Address

West Wing, 11th Floor, Mumbai, 400021

Other Funds by DSP Mutual Fund

Fund name	Expense Ratio	Exit Load	Fund size	1Y
DSP Multi Asset Omni Fund of Funds Direct Growth Very High Risk	-	0.0%	-	-
DSP Nifty 500 Index Fund Direct Growth Very High Risk	-	0.0%	-	-
DSP Fixed Maturity Plan Series 277 789 Days Direct Growth High Risk	-	0.0%	-	-
DSP Nifty Smallcap 250 Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹7.78 Cr	-
DSP Nifty Midcap 150 Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹8.09 Cr	-
DSP Nifty500 Flexicap Quality 30 Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹108.61 Cr	-
DSP Nifty IT Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹50.97 Cr	-
DSP Nifty Healthcare Index Fund Direct Growth Very High Risk	0.2%	0.0%	₹14.60 Cr	-
DSP Silver ETF Fund of Fund Direct Growth Very High Risk	0.6%	0.0%	₹712.39 Cr	-
DSP Nifty Private Bank Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹57.83 Cr	-
DSP BSE SENSEX Next 30 Index Fund Direct Growth Very High Risk	0.2%	0.0%	₹14.30 Cr	15.2%
DSP Business Cycle Fund Direct Growth Very High Risk	0.7%	0.0%	₹1175.58 Cr	10.7%
DSP Nifty Top 10 Equal Weight Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹1466.83 Cr	4.8%
DSP Nifty Bank Index Fund Direct Growth Very High Risk	0.2%	0.0%	₹58.22 Cr	20.0%
DSP US Treasury Fund of Fund Direct Growth Very High Risk	0.2%	0.0%	₹65.95 Cr	9.8%
DSP Nifty Healthcare ETF Regular Growth Very High Risk	0.2%	-	₹10.83 Cr	0.1%
DSP Multicap Fund Direct Growth Low Risk	0.5%	1.0%	₹2681.86 Cr	5.9%
DSP Nifty Smallcap250 Quality 50 Index Fund Direct Growth Very High Risk	0.2%	0.0%	₹285.44 Cr	-5.0%
DSP Banking & Financial Services Fund Direct Growth Very High Risk	0.6%	0.0%	₹1623.85 Cr	23.3%
DSP Gold ETF Fund of Fund Direct Growth Very High Risk	0.7%	0.0%	₹331.34 Cr	75.4%
DSP Multi Asset Allocation Fund Direct Growth Very High Risk	0.3%	1.0%	₹6440.17 Cr	27.0%
DSP FMP - Series 264 - 60M - 17D Direct Growth Low to Moderate Risk	-	0.0%	₹52.27 Cr	7.3%
DSP FMP Series 267 - 1246 Days Direct Growth Low Risk	-	0.0%	₹699.56 Cr	6.8%
DSP FMP Series 261 37 Month Direct Growth Moderate Risk	-	-	-	-
DSP Fixed Maturity Plan Series 270 1144 Days Direct Growth Low Risk	-	0.0%	₹180.35 Cr	6.8%
DSP FMP Series 268 - 1281 Days Direct Growth Low Risk	-	-	₹122.54 Cr	6.8%
DSP FMP Series 252 38 Month Direct Growth Moderate Risk	-	0.0%	-	-
DSP Banking & PSU Debt Fund Direct Growth Low Risk	0.3%	0.0%	₹3948.37 Cr	6.2%
DSP Dynamic Asset Allocation Fund Direct Growth Moderately High risk	0.7%	1.0%	₹3708.72 Cr	9.8%
DSP Overnight Fund Direct Growth Low Risk	0.1%	0.0%	₹2659.27 Cr	5.7%
DSP Nifty 50 Index Fund Direct Growth Very High Risk	0.2%	0.0%	₹904.10 Cr	10.0%
DSP Nifty Next 50 Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹1153.07 Cr	9.4%
DSP Healthcare Fund Direct Growth Very High Risk	0.6%	0.0%	₹3114.33 Cr	-7.6%
DSP Global Allocation Fund Direct Growth Very High Risk	0.4%	0.0%	₹1982.13 Cr	1.7%
DSP Quant Fund Direct Growth Very High Risk	0.6%	0.0%	₹880.84 Cr	8.5%
DSP Low Duration Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹6367.49 Cr	7.0%
DSP Value Fund Direct Growth Very High Risk	0.9%	1.0%	₹1325.77 Cr	13.9%
DSP Nifty SDL Plus G-Sec Jun 2028 30:70 Index Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹2033.73 Cr	7.8%
DSP Bond Fund Direct Growth Moderately High risk	0.4%	0.0%	₹314.47 Cr	7.0%
DSP Flexi Cap Fund Direct Growth Very High Risk	0.7%	1.0%	₹12327.61 Cr	7.7%
DSP Government Securities Direct Growth Moderate Risk	0.6%	0.0%	₹1292.05 Cr	3.2%
DSP Equity & Bond Fund Direct Growth High Risk	0.7%	1.0%	₹12161.66 Cr	6.1%
DSP Focus Fund Direct Growth Very High Risk	0.9%	1.0%	₹2686.67 Cr	8.9%
DSP Credit Risk Fund Direct Growth Moderately High risk	0.4%	3.0%	₹205.76 Cr	19.0%
DSP India TIGER Fund Direct Growth Very High Risk	0.8%	1.0%	₹5323.37 Cr	10.8%
DSP Liquidity Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹17776.95 Cr	6.5%
DSP Regular Saving Fund Direct Growth Moderately High risk	0.5%	0.0%	₹183.97 Cr	7.2%
DSP Small Cap Fund Direct Growth Very High Risk	0.8%	1.0%	₹16934.59 Cr	5.7%
DSP Ultra Short Fund Direct Growth Moderate Risk	0.3%	0.0%	₹3971.51 Cr	7.1%
DSP Short Term Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹3905.96 Cr	7.1%

Risk Level

Your principal amount will be at Low Risk

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What is the current NAV of DSP Overnight Fund Direct Growth?

The NAV of DSP Overnight Fund Direct Growth, as of 08-Feb-2026, is ₹1432.61.

What are the returns of DSP Overnight Fund Direct Growth?

The fund has generated 5.67% over the last 1 year and 6.38% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.

What is the portfolio composition of DSP Overnight Fund Direct Growth?

The fund's allocation of assets is distributed as 0.00% in equities, 0.00% in bonds, and 100.00% in cash and cash equivalents.

Who manages the DSP Overnight Fund Direct Growth?

The fund managers responsible for DSP Overnight Fund Direct Growth are:-

Karan Mundhra
Shantanu Godambe
Shalini Vasanta

Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.

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DSP Overnight Fund Direct Growth

Fund Overview