Widely used:Analyst’s Choice
Value Research Rating
Analyst’s Choice
Riskometer
Low
₹1,313.6842 0.02%
As on 13-Aug-2024
As per SEBI's Riskometer.
Split between different types of investments
Split between categories of Equity investments
Rating |
VR Opinion |
Risk
|
Return (%) |
|
Expense Ratio (%)
|
|
|---|---|---|---|---|---|---|
|
DSP Overnight Fund - Direct Plan
|
|
|
Low
|
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0.06 |
|
|
|
Low
|
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0.08 |
||
 |
|
Low
|
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0.05 |
||
|
|
Low
|
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0.08 |
||
|
|
Low
|
Please wait... |
0.08 |
₹1,810 Cr
--
100
500
100
6
Investment Strategy
The scheme seeks 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.
Suitability
"Overnight funds invest in bonds having a maturity of just one day. They are suitable to earn a little extra on idle money lying in the bank. You may invest in these funds the money that you have set aside to meet any emergency needs or any surplus money that you don't need for a few days up to a year.
The risk of incurring a loss in these funds is negligible but they do not guarantee returns or safety of capital.
Remember, these funds are geared to deliver only marginally higher returns than your bank account. They deliver steady, but low returns and are not suitable to build wealth in the long run."
Capital Gains Taxation
Dividend Taxation
DSP Overnight Fund - Direct Plan is mandated to invest in bonds having a maturity of just one day.
Mutual funds can be bought directly from the website of the fund house. For instance, DSP Overnight Fund - Direct Plan fund can be purchased from the website of DSP Mutual Fund. You can also buy mutual funds through platforms like MF Central, MF Utility, among others. However, if you are not comfortable buying mutual funds online, you can seek help of a mutual fund distributor. Most banks also act as mutual fund distributors. So you can connect with your bank for assistance.
The NAV of DSP Overnight Fund - Direct Plan is ₹1,313.6842 as of 14-Aug-2024.
The AUM of DSP Overnight Fund - Direct Plan Fund is ₹1,810 Cr as of 31-Jul-2024
The riskometer level of DSP Overnight Fund - Direct Plan is Low. See More
| Company | Percentage of Portfolio |
|---|---|
|
Reserve Bank of India T-Bills 182-D 15/08/2024 |
2.76
|
|
Reserve Bank of India T-Bills 182-D 22/08/2024 |
2.20
|
|
Reserve Bank of India T-Bills 182-D 08/08/2024 |
0.55
|
|
Reserve Bank of India T-Bills 91-D 02/08/2024 |
0.28
|
As of 31-Jul-2024, DSP Overnight Fund - Direct Plan had invested 94.21% in Cash & Cash Eq. and 5.79% in Debt See More
DSP Overnight Fund - Direct Plan is 5 years 7 months old. It has delivered 5.00% returns since inception. See More
|
1Y
|
3Y
|
5Y
|
7Y
|
10Y
|
Since Inception
|
|---|---|---|---|---|---|
|
6.83%
|
5.61%
|
4.85%
|
--
|
--
|
5.00%
|
No, There is no lock in period in DSP Overnight Fund - Direct Plan.
The expense ratio of DSP Overnight Fund - Direct Plan is 0.06.
Mutual Funds 
DSP DSP Overnight Fund - Direct Plan
