Name	Sector	Instruments	Assets
Reserve Bank of India	Financial	T-Bills	1.82%
Reserve Bank of India	Financial	T-Bills	1.37%
Reserve Bank of India	Financial	T-Bills	0.82%
Reserve Bank of India	Financial	T-Bills	0.68%
Reserve Bank of India	Financial	T-Bills	0.46%
Reserve Bank of India	Financial	T-Bills	0.05%

Minimum investments

Min. for 1st investment

₹100

Min. for 2nd investment

₹100

Min. for SIP

₹100

Returns and rankings

Annualised returns

Absolute returns

Name	3Y	5Y	10Y	All
Fund returns	+6.3%	+5.4%	+5.4%	+6.0%
Category average (Debt Overnight)	+6.3%	+5.3%	+5.4%	--
Rank (Debt Overnight)	24	23	2	--

Exit load, stamp duty and tax

Exit load

Nil

Stamp duty on investment: 0.005% (from July 1st, 2020)

from July 1st 2020

Tax implication

Returns are taxed as per your Income Tax slab.

Check past data

Compare similar funds

	Name	1Y	3Y	Fund Size(Cr)
	Axis Overnight Fund Direct Growth	+5.83%	+6.43%	10,194.87
	Tata Overnight Fund Direct Growth	+5.83%	+6.42%	4,454.03
	Kotak Overnight Fund Direct Growth	+5.80%	+6.41%	5,951.71
	Aditya Birla Sun Life Overnight Fund Direct Growth	+5.79%	+6.40%	8,421.31
	Bandhan Overnight Fund Direct Growth	+5.79%	+6.40%	1,032.01
Compare

Fund management

SJ
Swapnil Jangam
Mar 2025 - Present
View details

Education

Mr. Jangam has done B.Com, CA and CFA Level III.

Experience

Prior to Joining HDFC Mutual Fund, he has worked with M.P. Chitale and Co. and EY.

Also manages these schemes

HDFC Liquid Direct Plan Growth

HDFC Overnight Fund Direct Growth

DM
Dhruv Muchhal
Jun 2023 - Present
View details

Education

Mr. Dhruv has done B.Com, CA and CFA

Experience

Prior to joining HDFC MF,he has worked with Motilal Oswal Financial Services Ltd., Goldman Sachs, CRISIL Global Research & Analytics and Deloitte Haskins & Sells

Also manages these schemes

HDFC Non Cyclical Consumer Fund Direct Growth

HDFC Medium Term Debt Fund Direct Growth

HDFC Dynamic Debt Fund Direct Plan Growth

HDFC Ultra Short Term Fund Direct Growth

HDFC Income Fund Direct Growth

HDFC Hybrid Equity Fund Direct Plan Growth

HDFC ELSS Tax Saver Fund Direct Plan Growth

HDFC Children's Fund Direct Plan

HDFC Diversified Equity All Cap Active FoF Direct Growth

HDFC Innovation Fund Direct Growth

HDFC Business Cycle Fund Direct Growth

HDFC MNC Fund Direct Growth

HDFC Transportation and Logistics Fund Direct Growth

HDFC Liquid Direct Plan Growth

HDFC Retirement Savings Fund Equity Plan Direct Growth

HDFC Banking & Financial Services Fund Direct Growth

HDFC Money Market Fund Direct Growth

HDFC Equity Savings Direct Plan Growth

HDFC Focused Fund Direct Growth

HDFC Technology Fund Direct Growth

HDFC Banking and PSU Debt Fund Direct Growth

HDFC Value Fund Direct Plan Growth

HDFC Low Duration Fund Direct Growth

HDFC Hybrid Debt Fund Direct Growth

HDFC Overnight Fund Direct Growth

HDFC Pharma And Healthcare Fund Direct Growth

HDFC Credit Risk Debt Fund Direct Growth

HDFC Arbitrage Direct Plan Growth

HDFC Small Cap Fund Direct Growth

HDFC Multi Cap Fund Direct Growth

HDFC Long Duration Debt Fund Direct Growth

HDFC Mid Cap Fund Direct Growth

HDFC Corporate Bond Fund Direct Plan Growth

HDFC Retirement Savings Fund Hybrid Debt Plan Direct Growth

HDFC Retirement Savings Fund Hybrid Equity Plan Direct Growth

HDFC Housing Opportunities Fund Direct Growth

HDFC Infrastructure Fund Direct Growth

HDFC Large and Mid Cap Fund Direct Growth

HDFC Balanced Advantage Fund Direct Growth

HDFC Flexi Cap Direct Plan Growth

HDFC Arbitrage Fund Wholesale Direct Growth

HDFC Large Cap Fund Direct Growth

HDFC Floating Rate Debt Fund Direct Plan Growth

HDFC Short Term Debt Fund Direct Plan Growth

HDFC Manufacturing Fund Direct Growth

HDFC Defence Fund Direct Growth

HDFC Multi Asset Allocation Fund Direct Growth

RP
Rohan Pillai
Oct 2025 - Present
View details

Education

Masters in Finance, Jamnalal Bajaj Institute of Management Studies, Bachelor of Engineering, University of Mumbai

Experience

Prior to joining the HDFC AMC, he was associated with SBI Funds Management Ltd, ICICI Bank Ltd, Jain Irrigation Systems Ltd

Also manages these schemes

HDFC Liquid Direct Plan Growth

HDFC Overnight Fund Direct Growth

About HDFC Overnight Fund Direct Growth

HDFC Overnight Fund Direct Growth is a Debt Mutual Fund Scheme launched by HDFC Mutual Fund. This scheme was made available to investors on 10 Dec 1999. Swapnil Jangam is the Current Fund Manager of HDFC Overnight Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹9,39,182 Cr and the Latest NAV as of 11 Jan 2026 is ₹3,949.71. The HDFC Overnight Fund Direct Growth is rated Low risk. Minimum SIP Investment is set to ₹100. Minimum Lumpsum Investment is ₹100. ;