| Launch date | 01 Jul 2026 |
| Allotment date | 04 Jul 2026 |
| End date | 03 Jul 2026 |
| NAV | ₹100.00 |
Expense ratio, exit load and tax
Expense ratio: --
Inclusive of GST
Exit load
Nil
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
--
Minimum investment amounts
| Min. for 1st investment | ₹1,000 |
| Min. for 2nd investment onwards | ₹1,000 |
| Min. for SIP | ₹500 |
Fund management
Rochan PattnayakJul 2026 - PresentView details
Fund house & investment objective
| Rank (total assets) | -- |
|---|---|
| Total AUM | ₹87.16Cr |
| Date of Incorporation | 01 Aug 2025 |
|---|
Choice Overnight Fund Direct Growth is a -- Mutual Fund Scheme launched by Choice Mutual Fund. This scheme was made available to investors on 01 Aug 2025. Rochan Pattnayak is the Current Fund Manager of Choice Overnight Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹87 Cr and the Latest NAV as of 01 Jul 2026 is ₹100.00. The Choice Overnight Fund Direct Growth is rated Low risk. Minimum SIP Investment is set to ₹500. Minimum Lumpsum Investment is ₹1,000. ;
Investment Objective
The scheme seek to generate returns commensurate with low risk and providing high level of liquidity, through investments made primarily in overnight securities having maturity of 1 business day. ;
| Fund benchmark | CRISIL Liquid Overnight Index |
|---|
Fund house contact details
Peer Comparison
| Fund name | Rating | 1Y | 3Y | Fund Size(Cr) |
|---|---|---|---|---|
Nippon India Small Cap Fund Direct Growth | 4 | 4.8% | 19.2% | 74,604.07 |
Franklin India Mid Cap Fund Direct Growth | 3 | -1.7% | 18.2% | 12,230.88 |
Franklin India Small Cap Fund Direct Growth | 3 | 0.6% | 16.9% | 13,847.34 |
HDFC Small Cap Fund Direct Growth | 4 | -1.9% | 14.4% | 38,809.48 |
Franklin India Technology Fund Direct Growth | -- | -16.7% | 11.0% | 1,645.16 |