HDFC Overnight Fund Daily Dividend+0.01%

3.61%
1 Year Return
Debt
Overnight
2.0star
6M
1Y
3Y
5Y
All

Fund Details

HDFC Overnight Fund Daily Dividend

RiskLow
Min SIP AmountNot Supported
Expense Ratio0.20%
NAV1042.66 (25 Oct 2020)
Fund Started06 Feb 2002
Fund Size19,566 Cr

Returns

1Y
3Y*
5Y*
Since inception*
HDFC Overnight Fund Daily Dividend
3.6%
5.2%
5.6%
6.0%
Category Average
3.7%
5.0%
5.5%
-
Rank within category
20
2
2
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    5 Years
    Estimated Value
    as per Historical Returns
    0
    with 3.6% annual returns

    Comparison

    Data not available
    Pros
    1. Age is more than 10 years
    2. Risk is lower compared to the benchmark
    3. Lower expense ratio
    4. Exit load is zero
    5. Age is more than 10 years
    6. Lower expense ratio - 0.2%
    Cons
    1. Risk-adjusted returns are lower compared to the category
    2. 1Y Returns are lower than the benchmark
    3. 3Y Returns are lower than the benchmark
    4. 5Y Returns are lower than the benchmark
    5. Risk-adjusted returns are lower compared to the category

    Top Holdings

    NameSectorInstrument% Assets
    Current AssetsCurrent AssetsCurrent Assets100.0%

    Fund Managers

    addAnil Bamboli
    Education
    Mr. Bamboli is a CFA from Association for Investment Management and Research, U.S.A, Masters in Management Studies (Finance) and a Graduate in Cost and Works Accountant from ICWAI.
    Experience
    Prior to joining HDFC AMC he has worked with SBI Fund Management for 11 years.
    Funds Managed
    addAnand Laddha
    Education
    Mr. Laddha has done B.Com. and CA
    Experience
    Prior to joining HDFC Asset Management Company Limited, he has worked with Refco-Sify Securities India Pvt. Ltd. Last Position Held - AVP - FII Equity & Derivative Sales. Alchemy Share & Stock Brokers Pvt. Ltd. Last Position Held - Equity & Derivative Sales.
    Funds Managed
    addAmar Kalkundrikar
    Education
    Mr. Kalkundrikar has done B.Com, CA, CFA, and MBA from Columbia Business School.
    Experience
    Prior to joining Nippon India Mutual Fund, he has worked with HDFC Asset Management Company Limited where he has handled multiple roles in Investment – Equity function such as Portfolio Management for PMS business, & performing Equity research in various sectors such as Consumer Staples, Consumer Discretionary, Retail, Construction Materials.
    Funds Managed
    addChirag Dagli
    Education
    Mr. Dagli has done B. COM and Chartered Accountant.
    Experience
    Prior to joining HDFC AMC, he has worked with Aviva India Life Insurance Company Ltd., ICICI Securities Ltd., Pioneer Invest Corp, Deutsche Equities, Citigroup Global Markets.
    Funds Managed

    HDFC Overnight Fund Daily Dividend Details

    HDFC Overnight Fund Daily Dividend is a Debt Mutual Fund Scheme launched by HDFC Mutual Fund. This scheme was made available to investors on 06 Feb 2002. Anil Bamboli is the Current Fund Manager of HDFC Overnight Fund Daily Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹19,566 Cr and the Latest NAV as of 25 Oct 2020 is ₹1042.66.

    The HDFC Overnight Fund Daily Dividend is rated Low risk. Minimum SIP Investment is set to 500.

    Investment Objective

    The scheme seeks to generate returns by investing in debt and money market instruments with overnight maturity.

    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.

    Scheme Information Document(SID)

    Not Supported
    Min for First Investment
    Not Supported
    Min for Second Investment
    Nil
    Exit Load

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    About HDFC Mutual Fund

    Address
    “HDFC House”, 2nd Floor, H.T. Parekh Marg, 165-166, Backbay Reclamation, Churchgate, Mumbai 400020
    Phone
    022 6631 6333
    Launch Date
    30 Jun 2000
    Website
    NA
    HDFC Mutual Fund
    Asset Management Company
    Custodian
    Deutsche Bank
    Registrar & Transfer Agent
    Cams
    Address
    7th Floor, Tower II, Rayala Towers, 158, Anna Salai,
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