| Launch date | 15 Sep 2026 |
| Allotment date | 21 Sep 2026 |
| End date | 18 Sep 2026 |
| NAV | ₹1,000.00 |
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 | ₹5,000 |
| Min. for 2nd investment onwards | ₹5,000 |
| Min. for SIP | -- |
Fund management
Sarthak ShahSep 2026 - PresentView details
Fund house & investment objective
| Rank (total assets) | -- |
|---|---|
| Total AUM | -- |
| Date of Incorporation | 30 Oct 2025 |
|---|
Lakshya Overnight Fund Direct Growth is a -- 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 NA Cr and the Latest NAV as of 15 Sep 2026 is ₹1,000.00. 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 benchmark | CRISIL Liquid Overnight Index |
|---|
Fund house contact details
Peer Comparison
| Fund name | Rating | 1Y | 3Y | Fund Size(Cr) |
|---|---|---|---|---|
Franklin India Mid Cap Fund Direct Growth | 2 | 2.5% | 14.7% | 13,052.40 |
Nippon India Small Cap Fund Direct Growth | 4 | 10.1% | 14.4% | 82,580.31 |
Franklin India Small Cap Fund Direct Growth | 3 | 6.6% | 12.5% | 14,746.08 |
HDFC Small Cap Fund Direct Growth | 3 | -2.1% | 10.2% | 41,890.86 |
Franklin India Technology Fund Direct Growth | -- | -9.6% | 8.3% | 1,759.08 |