HDFC Overnight Fund Direct Plan Growth is a Debt Mutual Fund Scheme launched by HDFC Mutual Fund. This scheme was introduced to investors on 31 Dec 2012. Anil Bamboli is the Current Fund Manager of HDFC Overnight Fund Direct Plan Growth.The fund currently has an Asset Under Management(AUM) of ₹7,216 Cr and the Latest NAV as of 19 Sep 2019 is ₹2897.40.
The HDFC Overnight Fund Direct Plan Growth is rated Low risk. Minimum SIP Investment is 500. Minimum Lumpsum Investment is 5000. Nil.
Investment Objective
Aims at providing reasonable Income along with high liquidity
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)
₹5000
Min for First Investment
₹1000
Min for Second Investment