Fund Details
DSP Overnight Fund Direct Growth
| Risk | Low |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 0.10% |
| NAV | ₹1095.92 (21 Jan 2021) |
|---|---|
| Fund Started | 10 Jan 2019 |
| Fund Size | ₹2,217 Cr |
Returns
Comparison
1. Lower expense ratio - 0.1%
2. Exit load is zero
3. 1Y Returns are higher than the category average returns
1. Age is less than 3 years
2. Risk-adjusted returns are lower compared to the category
Fund Managers
DSP Overnight Fund Direct Growth Details
DSP Overnight Fund Direct Growth is a Debt Mutual Fund Scheme launched by DSP Mutual Fund. This scheme was made available to investors on 10 Jan 2019. Kedar Karnik is the Current Fund Manager of DSP Overnight Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹2,217 Cr and the Latest NAV as of 21 Jan 2021 is ₹1095.92.
The DSP Overnight Fund Direct Growth is rated Low risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 500.
Investment Objective
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.
Tax Implications
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.
