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HDFC Overnight Fund Direct Plan Growth

Debt
Overnight
Low Risk
3.65%
3Y annualised
+0.01% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 24 Jun 2022₹3,186.22
Min. SIP amountNA
Rating2
Fund size₹22,473.79Cr

Returns and rankings

Category: Debt Overnight
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns3.4%3.6%4.6%5.9%
Category average3.0%4.4%4.9%NA
Rank with in category23153NA
Understand terms

Holdings (4)

NameSectorInstrumentAssets
Reserve Bank of IndiaFinancialT-Bills1.1%
Reserve Bank of India
FinancialT-Bills1.1%
Reserve Bank of India
FinancialT-Bills0.8%
Reserve Bank of India
FinancialT-Bills0.4%

Pros and cons

Category: Debt Overnight

Pros

Cons

1Y annualised returns higher than category average by 0.41%
3Y and 5Y annualised returns lower than category average
Exit load is zero
Higher expense ratio: 0.1%
Average credit rating of the fund's holdings: AAA This fund has holdings of the highest quality
Low rating: 2
Higher AUM: 22473Cr. Funds with a higher AUM tend to have lower returns in the future

Expense ratio, exit load and tax

Expense ratio: 0.10%

Inclusive of GST

Exit load

Nil

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investment₹100
Min. for 2nd investment onwards₹100
Min. for SIPNA

Fund management

Anil Bamboli
Jan 2013 - Present
View details

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.
Also manages these schemes

Priya Ranjan
May 2022 - Present
View details

Education
Mr. Ranjan is B.E(Computer Science) and PGDBM (Finance).
Experience
He has over 14 years of experience in equity research.
Also manages these schemes

Fund house & investment objective

Fund house contact details

Address
"HDFC House"-2nd Floor,H.T. Parekh Marg - 165-166, Backbay Reclamation,Churchgate Mumbai 400020
Phone
1800-3010-6767 / 1800-419-7676
Launch Date
10 Dec 1999
E-mail
NA
Website
NA
Amc Image
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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FAQs

How to Invest in HDFC Overnight Fund Direct Plan Growth?

You can easily invest in HDFC Overnight Fund Direct Plan Growth in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps:

  • Log on to your Groww account
  • Search for HDFC Overnight Fund Direct Plan Growth from the search box
  • In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete
  • Once you are done with that, you can start investing in HDFC Overnight Fund Direct Plan Growth as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does HDFC Overnight Fund Direct Plan Growth provide?

The HDFC Overnight Fund Direct Plan Growth has been there from 01 Jan 2013 and the average annual returns provided by this fund is 3.43% since its inception.

How much expense ratio is charged by HDFC Overnight Fund Direct Plan Growth?

The term Expense Ratio used for HDFC Overnight Fund Direct Plan Growth or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund.

The Expense Ratio of HDFC Overnight Fund Direct Plan Growth is 0.10% as of 25 Jun 2022...

What is the AUM of HDFC Overnight Fund Direct Plan Growth?

The AUM, short for Assets Under Management of HDFC Overnight Fund Direct Plan Growth is ₹22,473.79Cr as of 25 Jun 2022.

How to Redeem HDFC Overnight Fund Direct Plan Growth?

If you want to sell your HDFC Overnight Fund Direct Plan Growth holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.

Can I invest in SIP and Lump Sum of HDFC Overnight Fund Direct Plan Growth?

You can select either SIP or Lumpsum investment of HDFC Overnight Fund Direct Plan Growth based on your investment objective and risk tolerance.

What is the NAV of HDFC Overnight Fund Direct Plan Growth?

The NAV of HDFC Overnight Fund Direct Plan Growth is ₹3,186.22 as of 24 Jun 2022.

What is the PE and PB ratio of HDFC Overnight Fund Direct Plan Growth?

The PE ratio ratio of HDFC Overnight Fund Direct Plan Growth is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

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