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DSP Overnight Fund

DSP Overnight Fund

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Benchmark: CRISIL Liquid Overnight Index info icon

61.05K people have invested in this fund

View performance details

Return:

This fund

18.00%

CRISIL Liquid Overnight Index

14.30%

CRISIL 1 Year T-Bill Index

14.15%

Invested

Earning

This fund

18.00%

CRISIL Liquid Overnight Index

14.30%

CRISIL 1 Year T-Bill Index

14.15%

team 61.05K people have invested in this fund as of

This is a Debt, Overnight fund with CRISIL Liquid Overnight Index as its benchmark. The risk level for this fund is categorized as Low Risk.

Total AUM

2,044.32 crores as of Apr 30, 2024

Age of Fund

5 years 4 months since Jan 09, 2019

Expense Ratio

0.06% as of May 26, 2024

Exit Load

Nil  

Ideal holding period

1 Day+

Rolling Returns

Bars show distribution of returns in given range for selected time period

View performance details

Things to know before you invest

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What is in DSP Overnight Fund?

  1. DSP Overnight Fund invests in overnight instruments which includes but not limited to TREPs.
  2. Invested instruments primarily have a 1-day maturity.
  1. Suitable as a cash management tool for investing surplus money.
  2. This is a safe debt fund with no interest rate risk and low credit risk.
  3. Highly liquid- Easy withdrawal of capital when needed (Upto Rs 50K instantly, the rest within just one business day)
  1. Consider this fund if you
    • Are an experienced investor & know what you're doing.
    • Want to park money for a very short period of time & may need to withdraw suddenly.
    • Have a very low tolerance for risk.
  1. While investing in this scheme carries Low Risk, this also means you are likely to earn low returns.

Fund managers:

Kedar Karnik

Kedar Karnik

Total work experience of 18 years. Managing this fund since January 2019.
Total work experience of 18 years. Managing this fund since January 2019.

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Portfolio

Prescribed asset allocation: 0% - 100% Debt Securities and Money Market Instruments with maturity upto 1 business day

Current Allocation

as of Apr 30, 2024

Top holdings

No Data to display

Top Sectors

No Data to display

Top holdings

No Data to display

Top holdings

TREPS / Reverse Repo Investments / Corporate Debt Repo

94.43%

182 DAYS T-BILL 2024

3.17%

91 DAYS T-BILL 2024

1.46%

91 DAYS T-BILL 2024

0.73%

Cash & cash equivalents

0.21%

Credit rating profile

Cash & Equivalent

94.60%

SOV

5.40%

Instrument break-up

TREPS

94.60%

Money market instruments

5.40%


Indicators

Yield to Maturity

6.68 %

Modified Duration

0.00 Years

Portfolio Macaulay Duration

0.00 Years

Average Maturity

0.01 Years

Compare Performance

Performance highlights over last

for

investment

Cumulative returns on

Annual returns

Current value

Min CAGR:
MedianCAGR:
Max CAGR:

Good Returns

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Negative Returns

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vs Fixed Deposit

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vs Category

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vs Benchmark

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  • Historical Returnsas of with investment of10,000

This fund CRISIL Liquid Overnight Index ^ CRISIL 1 Year T-Bill I #
CAGR Current Value CAGR Current Value CAGR Current Value

Income distribution Cum Capital Withdrawal (IDCW) Distributed

Record Date IDCW per unit NAV Before NAV After

Chart type

Invested as

Invested Amount

Invested since

This fund

Vs

CRISIL Liquid Overnigh

CRISIL 1 Year T-Bill I

Gold

PPF

Funds Annual returns Current Value Absolute Growth

Chart type:

Invested as

Invested Amount

Invested period

Funds Minimum Median Maximum % times -ve returns % times returns > 7%

Date of allotment: Jan 09, 2019.

Period for which fund's performance has been provided is computed based on last day of the month-end preceding the date of advertisement

Different plans shall have a different expense structure. The performance details provided herein are of Direct Plan.

Since inception returns have been calculated from the date of allotment till June 30, 2021

Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments

Rolling returns have been calculated based on returns from regular plan growth option.

^ Fund Benchmark # Additional Benchmark

Fund Details

Fund Details

Investment Objective

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.

Fund Type

Debt
Overnight

An Open Ended Debt Scheme Investing in Overnight Securities.
A relatively low interest rate risk and relatively low credit risk.

Riskometer

Level of Risk in the fund

View details

Potential Risk Class Matrix : A-I

A-I is the potential risk class matrix of DSP Overnight Fund based on interest rate & credit risk.

Minimum Investment

Rs.  100 Lumpsum
Rs.  100 SIP– 12 instalments
Rs.  100 Minimum Additional Purchase

team 61.05K peoplehave invested in this fund as of