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Lakshya Overnight Fund Direct Growth
NAV: 15 Nov '26
₹1,008.29
Min. for SIP
--
Fund size (AUM)
₹28.02 Cr
Expense ratio
0.16%
Rating
--
Holdings (2)
| Name | Sector | Instruments | Assets |
|---|---|---|---|
| Reverse Repo | Unspecified | Reverse Repo | 98.23% |
| Net Receivables | Unspecified | Net Receivables | 1.77% |
Minimum investments
Min. for 1st investment
₹5,000
Min. for 2nd investment
₹1,000
Min. for SIP
--
Returns and rankings
| Name | 1M | 3M | 6M | All |
|---|---|---|---|---|
| Fund returns | +0.5% | -- | -- | +0.8% |
| Category average (Debt Overnight) | -- | +1.3% | +2.6% | +4,137.7% |
| Rank (Debt Overnight) | -- | -- | -- | -- |
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.
Compare similar funds
| Name | 1Y | 3Y | Fund Size(Cr) | |
|---|---|---|---|---|
 | +5.30% | +6.03% | 15,218.49 | |
 | +5.31% | +6.03% | 7,731.95 | |
 | +5.29% | +6.01% | 9,598.68 | |
 | +5.33% | +6.00% | 984.09 | |
 | +5.27% | +5.99% | 13,293.09 | |
| Compare | ||||
Fund management
About Lakshya Overnight Fund Direct Growth
Lakshya Overnight Fund Direct Growth is a Debt Mutual Fund Scheme launched by Lakshya Mutual Fund. This scheme was made available to investors on 30 Oct 2025. Sarthak Shah is the Current Fund Manager of Lakshya Overnight Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹28 Cr and the Latest NAV as of 15 Nov 2026 is ₹1,008.29.
The Lakshya Overnight Fund Direct Growth is rated Low risk. Minimum Lumpsum Investment is ₹5,000.
;
Investment Objective
The scheme seeks to generate returns commensurate with low risk and providing high level of liquidity, through investments made in debt and money market securities having maturity of one business day including TREPS (TriParty Repo) and Reverse Repo.
Fund benchmarkCRISIL Liquid Overnight Index
Fund house
Rank (total assets)--
Total AUM₹28.02 Cr
Date of Incorporation30 Oct 2025
Launch Date30 Oct 2025
AddressCommerce House-4, 3rd Floor,100 Feet Road, Anand Nagar,Ahmedabad, Gujarat Ahmedabad, 380015
Websitewww.karvymfs.com
AddressKarvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,