How to Invest in UTI Overnight Fund Direct Growth?

You can easily invest in UTI Overnight Fund Direct 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 UTI Overnight Fund Direct 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 UTI Overnight Fund Direct Growth as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does UTI Overnight Fund Direct Growth provide?

The UTI Overnight Fund Direct Growth has been there from 01 Jan 2013 and the average annual returns provided by this fund is 5.76% since its inception.

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

The term Expense Ratio used for UTI Overnight Fund Direct 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 UTI Overnight Fund Direct Growth is 0.06% as of 19 Jan 2026...

What is the AUM of UTI Overnight Fund Direct Growth?

The AUM, short for Assets Under Management of UTI Overnight Fund Direct Growth is ₹3,759.66Cr as of 19 Jan 2026.

How to Redeem UTI Overnight Fund Direct Growth?

If you want to sell your UTI Overnight Fund Direct 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 UTI Overnight Fund Direct Growth?

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

What is the NAV of UTI Overnight Fund Direct Growth?

The NAV of UTI Overnight Fund Direct Growth is ₹3,650.40 as of 18 Jan 2026.

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

The PE ratio ratio of UTI Overnight Fund Direct 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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UTI Overnight Fund Direct Growth

Name: UTI Overnight Fund Direct Growth
Brand: UTI Mutual Fund

Debt

Overnight

Low Risk

+6.40%

3Y annualised

+0.01% 1D

All

NAV: 18 Jan '26

₹3,650.40

Min. SIP amount

₹500

Fund size

₹3,759.66 Cr

Expense ratio

0.06%

Return calculator

Monthly SIP

One time

Monthly investment

₹5,000

Over the past	Total investment	Would've become	Returns
1 year	₹60,000	₹61,510	+2.52%
3 years	₹1,80,000	₹1,96,688	+9.27%
5 years	₹3,00,000	₹3,47,507	+15.84%
10 years	₹6,00,000	₹7,89,225	+31.54%

Holdings (5)

Name	Sector	Instruments	Assets
Reserve Bank of India	Financial	T-Bills	1.60%
Reserve Bank of India	Financial	T-Bills	1.33%
Reserve Bank of India	Financial	T-Bills	1.20%
Reserve Bank of India	Financial	T-Bills	1.06%
Clearing Corporation of India	Others	CP	0.22%

Minimum investments

Min. for 1st investment

₹500

Min. for 2nd investment

₹500

Min. for SIP

₹500

Returns and rankings

Annualised returns

Absolute returns

Name	3Y	5Y	10Y	All
Fund returns	+6.4%	+5.4%	+5.6%	+6.2%
Category average (Debt Overnight)	+6.3%	+5.3%	+5.4%	--
Rank (Debt Overnight)	14	13	--	--

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	+5.80%	+6.43%	10,194.87
	Tata Overnight Fund Direct Growth	+5.80%	+6.42%	4,454.03
	Aditya Birla Sun Life Overnight Fund Direct Growth	+5.76%	+6.40%	8,421.31
	Kotak Overnight Fund Direct Growth	+5.77%	+6.40%	5,951.71
	Bandhan Overnight Fund Direct Growth	+5.76%	+6.40%	1,032.01
Compare

Fund management

JB
Jaydeep Bhowal
Jan 2025 - Present
View details

Education

He has done B.Com, CA from ICAI and PGDFM from Welingkar Institute of Management, Mumbai

Experience

He began his career with UTI Mutual Fund in November 2009. He has more than 10 years of experience and had been involved in various roles at UTI. Presently he is working as Dealer in Department of Fund Management - Fixed Income. Prior to joining the AMC he was associated with SJ & A.

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About UTI Overnight Fund Direct Growth

UTI Overnight Fund Direct Growth is a Debt Mutual Fund Scheme launched by UTI Mutual Fund. This scheme was made available to investors on 14 Nov 2002. Jaydeep Bhowal is the Current Fund Manager of UTI Overnight Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹3,94,217 Cr and the Latest NAV as of 18 Jan 2026 is ₹3,650.40. The UTI Overnight Fund Direct Growth is rated Low risk. Minimum SIP Investment is set to ₹500. Minimum Lumpsum Investment is ₹500. ;

Investment Objective

The scheme seeks to generate reasonable income, with low risk and high level of liquidity from a portfolio of overnight securities having a maturity of one day.

Fund benchmarkCRISIL Liquid Overnight Index

Scheme Information Document(SID)