DSP Overnight Fund Direct Growth

Fund Overview

Fund Size

₹2,044 Cr

Expense Ratio

0.07%

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 5 years, 4 months and 9 days, having been launched on 09-Jan-19.
As of 17-May-24, it has a Net Asset Value (NAV) of ₹1293.37, Assets Under Management (AUM) of 2044.32 Crores, and an expense ratio of 0.07%.

DSP Overnight Fund Direct Growth has given a CAGR return of 4.92% 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

+6.81%

— (Cat Avg.)

3 Years

+5.33%

— (Cat Avg.)

5 Years

+4.82%

— (Cat Avg.)

Since Inception

+4.92%

— (Cat Avg.)

Portfolio Summaryas of 30th April 2024

Others

₹2,044.32 Cr

100.00%

Top Holdings

All Holdings

Equity

Debt & Others

Name	Type	Amount	Holdings
Treps / Reverse Repo Investments / Corporate Debt Repo	Cash - Repurchase Agreement	₹1,930.43 Cr	94.43%
182 DTB 09052024	Bond - Gov't/Treasury	₹64.91 Cr	3.17%
India (Republic of)	Bond - Short-term Government Bills	₹29.92 Cr	1.46%
91 DTB 02052024	Bond - Gov't/Treasury	₹15 Cr	0.73%
Net Receivables/Payables	Cash	₹4.07 Cr	0.20%

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

Instruments	Amount	Holdings
Cash - Repurchase Agreement	₹1,930.43 Cr	94.43%
Bond - Gov't/Treasury	₹79.9 Cr	3.91%
Bond - Short-term Government Bills	₹29.92 Cr	1.46%
Cash	₹4.07 Cr	0.20%

Risk & Performance Ratios

Standard Deviation

This fund

0.43%

Cat. avg.

Lower the better

Sharpe Ratio

This fund

-8.01

Cat. avg.

Higher the better

Sortino Ratio

This fund

Cat. avg.

Higher the better

Fund Managers

Kedar Karnik

Since January 2019

Additional Scheme Detailsas of 30th April 2024

	ISIN	INF740KA1MC8		Expense Ratio	0.07%		Exit Load	No Charges		Fund Size	₹2,044 Cr		Age	09 Jan 2019		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

Withdrawal (irrespective of holding period)

Realised Gain (capital gains) are taxed at your marginal income tax rate

Note: Mutual funds are subject to capital gains taxation with surcharge and cess, based on prevailing income tax rules and investor income. Taxation applies 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
Axis Overnight Fund Regular Growth Low Risk	0.1%	0.0%	₹8611.00 Cr	6.8%
Axis Overnight Fund Direct Growth Low Risk	0.1%	0.0%	₹8611.00 Cr	6.8%
Groww Overnight Fund Direct Growth Low Risk	0.1%	0.0%	₹28.28 Cr	6.7%
Groww Overnight Fund Regular Growth Low Risk	0.2%	0.0%	₹28.28 Cr	6.6%
Tata Overnight Fund Direct Growth Low Risk	0.1%	0.0%	₹3181.71 Cr	6.8%
Tata Overnight Fund Regular Growth Low Risk	0.2%	0.0%	₹3181.71 Cr	6.7%
Nippon India Overnight Fund Regular Growth Low Risk	0.2%	0.0%	₹6456.54 Cr	6.7%
Nippon India Overnight Fund Direct Growth Low Risk	0.1%	0.0%	₹6456.54 Cr	6.8%
Sundaram Overnight Fund Regular Growth Low Risk	0.2%	0.0%	₹772.43 Cr	6.7%
Sundaram Overnight Fund Direct Growth Low Risk	0.1%	0.0%	₹772.43 Cr	6.8%

About the AMC

DSP Mutual Fund

+91 18002084499

https://www.dspim.com/

Total AUM

₹1,43,004 Cr

Address

West Wing, 11th Floor, Mumbai, 400021

Other Funds by DSP Mutual Fund

Fund name	Expense Ratio	Exit Load	Fund size	1Y
DSP Multicap Fund Direct Growth Low Risk	0.7%	1.0%	₹948.29 Cr	-
DSP Nifty Smallcap250 Quality 50 Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹70.06 Cr	-
DSP Banking & Financial Services Fund Direct Growth Very High Risk	1.0%	0.0%	₹609.13 Cr	-
DSP Gold ETF Fund of Fund Direct Growth High Risk	0.7%	0.0%	₹23.81 Cr	-
DSP Multi Asset Allocation Fund Direct Growth Very High Risk	0.2%	1.0%	₹1607.56 Cr	-
DSP FMP - Series 264 - 60M - 17D Direct Growth Low to Moderate Risk	-	0.0%	₹46.84 Cr	7.0%
DSP FMP Series 267 - 1246 Days Direct Growth Low to Moderate Risk	-	0.0%	₹630.93 Cr	6.8%
DSP FMP Series 261 37 Month Direct Growth Moderate Risk	-	-	-	-
DSP Fixed Maturity Plan Series 270 1144 Days Direct Growth Low to Moderate Risk	-	0.0%	-	6.8%
DSP FMP Series 268 - 1281 Days Direct Growth Low to Moderate Risk	-	-	-	7.0%
DSP FMP Series 252 38 Month Direct Growth Moderate Risk	-	0.0%	-	-
DSP Banking & PSU Debt Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹2395.87 Cr	7.1%
DSP Dynamic Asset Allocation Fund Direct Growth Moderate Risk	0.8%	1.0%	₹3110.44 Cr	20.4%
DSP Overnight Fund Direct Growth Low Risk	0.1%	0.0%	₹2044.32 Cr	6.8%
DSP Nifty 50 Index Fund Direct Growth Very High Risk	0.2%	0.0%	₹520.26 Cr	24.6%
DSP Nifty Next 50 Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹520.02 Cr	64.9%
DSP Healthcare Fund Direct Growth Very High Risk	0.6%	0.0%	₹2343.94 Cr	52.1%
DSP Global Allocation Fund Direct Growth Very High Risk	1.4%	0.0%	₹61.58 Cr	15.7%
DSP Low Duration Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹4088.28 Cr	7.3%
DSP Value Fund Direct Growth Very High Risk	0.9%	1.0%	₹812.45 Cr	37.8%
DSP Nifty SDL Plus G-Sec Jun 2028 30:70 Index Fund Direct Growth Moderate Risk	0.1%	0.0%	₹2295.78 Cr	6.6%
DSP Bond Fund Direct Growth Moderately High risk	0.4%	0.0%	₹357.79 Cr	6.8%
DSP Flexi Cap Fund Direct Growth Very High Risk	0.8%	1.0%	₹10409.46 Cr	37.2%
DSP Government Securities Direct Growth Moderate Risk	0.6%	0.0%	₹772.57 Cr	7.7%
DSP Equity & Bond Fund Direct Growth Very High Risk	0.8%	1.0%	₹9044.39 Cr	28.1%
DSP Focus Fund Direct Growth Very High Risk	1.1%	1.0%	₹2284.02 Cr	42.1%
DSP Credit Risk Fund Direct Growth Moderately High risk	0.4%	1.0%	₹193.84 Cr	16.0%
DSP India TIGER Fund Direct Growth Very High Risk	1.1%	1.0%	₹3814.79 Cr	81.7%
DSP Liquidity Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹10025.35 Cr	7.3%
DSP Regular Saving Fund Direct Growth Moderately High risk	0.6%	0.0%	₹173.24 Cr	14.1%
DSP Small Cap Fund Direct Growth Very High Risk	1.0%	1.0%	₹14072.97 Cr	45.8%
DSP Ultra Short Fund Direct Growth Moderate Risk	0.3%	0.0%	₹2466.56 Cr	7.6%
DSP Short Term Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹2955.58 Cr	6.9%
DSP Midcap Fund Direct Growth Very High Risk	0.8%	1.0%	₹17079.09 Cr	48.2%
DSP Natural Resource & New Energy Fund Direct Growth Very High Risk	1.1%	0.0%	₹1093.75 Cr	55.6%
DSP Equity Opportunities Fund Direct Growth Very High Risk	0.8%	1.0%	₹11631.00 Cr	47.6%
DSP Strategic Bond Fund Direct Growth Moderate Risk	0.5%	0.0%	₹1015.47 Cr	7.6%
DSP Savings Fund Direct Growth Low to Moderate Risk	0.1%	0.0%	₹4468.18 Cr	7.4%
DSP Tax Saver Fund Direct Growth Very High Risk	0.8%	0.0%	₹14859.56 Cr	43.8%
DSP World Agriculture Direct Growth Very High Risk	1.7%	0.0%	₹16.58 Cr	-6.4%
DSP Top 100 Equity Fund Direct Growth Very High Risk	1.2%	1.0%	₹3694.78 Cr	35.0%
DSP US Flexible Equity Fund Direct Growth Very High Risk	1.5%	0.0%	₹863.66 Cr	25.7%
DSP World Energy Direct Growth Very High Risk	1.5%	0.0%	₹134.44 Cr	4.7%
DSP World Gold Fund of Fund Direct Growth Very High Risk	1.7%	0.0%	₹868.29 Cr	5.2%
DSP World Mining Direct Growth Very High Risk	1.5%	0.0%	₹160.48 Cr	8.4%
DSP Equity Savings Fund Direct Growth Moderately High risk	0.5%	0.0%	₹1102.23 Cr	15.6%
DSP Arbitrage Fund Direct Growth Low Risk	0.3%	0.0%	₹4376.78 Cr	8.3%
DSP Corporate Bond Fund Direct Growth Moderate Risk	0.3%	0.0%	₹2616.53 Cr	6.5%
DSP 10Y G-Sec Fund Direct Growth Moderate Risk	0.3%	0.0%	₹49.05 Cr	6.0%
DSP Nifty SDL Plus G-Sec Sep 2027 50:50 Index Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹86.68 Cr	6.6%

Risk Level

Your principal amount will be at Low Risk

Still got questions?
We're here to help.

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

The NAV of DSP Overnight Fund Direct Growth, as of 17-May-2024, is ₹1293.37.

What are the returns of DSP Overnight Fund Direct Growth?

The fund has generated 6.81% over the last 1 year and 5.33% 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:-

Kedar Karnik

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