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DEBT•OVERNIGHT FUND

HDFC Overnight Fund

3 Year return

6.35%
NAV on January 08, 2026
3947.4303
1D Returns
+0.56%
Launched on December 2012(14 years)

Investment Details

₹100
Minimum SIP Amount
₹100
Minimum one time investment
Fund has no lock-in period

Calculate Returns

Based on past performance of this fund

₹
Your Investment₹3,600
Gain
10.42%₹375
Total Value ₹3,975

Risk Involved

scale
Your principal will be at
Very High Risk

Scheme Information

Asset Under Management
₹9,641.22 Cr.
Expense Ratio
0.1% (inclusive of GST)
Exit Load
Nil

Ratings

ARQ Rating
1.5

Ratings by other agencies

Value Research
2
Crisil
0
Morning Star
0

Tax Implications

Tax on gains as per your income tax bracket

HDFC Mutual Fund Manager

RP

Rohan Pillai

Fund Manager since Oct 2025

SJ

Swapnil Jangam

Fund Manager since Oct 2022

Fund House Details

HDFC Mutual Fund

HDFC Mutual Fund

Asset management company

AUM
₹9,43,197.14 Cr.
No. of Schemes
182
Setup Date
July 2000

Peer Comparison

Comparison with other similar funds

Funds3 Y ReturnsARQ Rating
Bank of India Overnight Fund6.4871%
0
Axis Overnight Fund6.435%
5
Mirae Asset Overnight Fund6.4208%
3.5

Schemes by HDFC Mutual Fund

List of mutual fund schemes by AMC

About HDFC Overnight Fund Growth Direct Plan

The HDFC Overnight Fund Direct Plan-Growth is a specialised fund offering under the Overnight mutual fund category from HDFC Mutual Fund. Distinctly crafted to ensure the utmost safety, the fund invests in instruments that mature the very next day, thereby eliminating any credit risk or possibility of default. Investors have the liberty to withdraw at will due to the absence of any lock-in period. Also, this is an open-ended fund.

Investment Objective of the Scheme

The central objective of the HDFC Overnight Fund Direct Plan-Growth is to yield returns by meticulously investing in debt and money market instruments that boast an overnight maturity. With such a strategy, not only does the portfolio remain highly liquid, but it also minimises any exposure to potential market volatilities. Beyond mere returns, the fund also emphasises preserving the capital and ensuring its swift availability when the investor requires it.

Key Features of The Fund

5-year return
5.3807%
Expense Ratio
0.1%
Fund Manager
Rohan Pillai
Fund Size
₹9641.22 Cr.
Risk Profile
Low

Is This Scheme Right for Me?

The HDFC Overnight Fund Direct Plan-Growth is an ideal choice for the conservative investor. If you have an ultra-short-term investment horizon and prioritise the safety of your capital above all else, this fund can be considered. Its structure, inherently low-risk profile, and strategy make it suitable for those seeking immediate liquidity with the added assurance of capital preservation.

AMC Contact Details

NameHDFC Mutual Fund
Launch DateJuly 2000
Address"HDFC House", 2nd Floor, H. T. Parekh Marg, 165-166, Backbay Reclamation, Churchgate, Mumbai - 400020
Contact1800 3010 67671800 419 7676
Emailhello@hdfcfund.com
Websitehttps://www.hdfcfund.com/
Disclaimer: Mutual funds are subject to market risk. Read all scheme-related documents carefully to make informed-decision.

Take the Guessing out of Investing

Compounding in SIP can make it difficult to estimate the expected returns in a mutual fund. The process of guessing can be replaced with estimating as Angel One's free SIP calculator gives you the approximate amount to be expected. The SIP calculator online takes into consideration the principle of compounding and gives your return amount depending on variables such as years, SIP amount as well as the expected rate of return.

FAQs

NAV, or Net Asset Value, is the price of a single unit of a mutual fund. It is calculated by dividing the current value of holdings held by the mutual fund scheme at the end of the day by the total number of units issued. The NAV changes every day. The NAV of HDFC Overnight Fund on January 08, 2026, is ₹3947.4303
Short for Asset Under Management, AUM means the total assets held by a mutual fund scheme. The AUM of the fund changes every day based on the fluctuation in the price of the underlying assets. Fund houses don't update AUM on a daily basis. They only update it at the end of the month and release it within a few days of the following month. The AUM of HDFC Overnight Fund, is ₹9641.22 crore.
The expense ratio is the annual charges you pay to the mutual fund house for managing your investments. It is a percentage of Assets Under Management. It is deducted from the fund's returns. The expense ratio of HDFC Overnight Fund is 0.1%
The HDFC Overnight Fund was launched on December 31, 2012. The fund has delivered a CAGR of undefined since inception.
A Systematic Investment Plan (SIP) in mutual funds allows you to invest small amounts periodically instead of a one-time investment. The frequency of investment can be monthly, quarterly, half-yearly or annually, as per your convenience. The minimum SIP for HDFC Overnight Fund is ₹100.
  1. Make sure you are logged in to Angel One.
  2. Select the type of investment: SIP or one-time.
  3. In case of an SIP, select the amount and date and click ‘Start SIP’. In case of a one-time investment, enter just the amount.
  4. Proceed by clicking the pay button and choosing your mode of payment.
  5. Your portfolio will be updated with this investment in 3-5 working days.
  1. Click on the ‘Invest’ button.
  2. Enter your desired SIP amount and the SIP date.
  3. You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
  4. Choose your payment method between UPI and Net Banking.
  5. Make your payment.
  6. Your SIP is created.
  1. Once you create an SIP, click on ‘Set up autopay’
  2. Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
  3. Once you verify the OTP, your mandate request will be created.
  1. Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
  2. Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
  3. Verify the details on the ‘Confirm withdraw’ screen.
  4. Select the bank account in which you want to receive the funds.
  5. You will receive your funds within three working days of placing the order.
  6. You can track your order in the ‘Orders’ section.

ENTER AMOUNT

₹
₹3,975 in 3Y at 6.3486% returns
SIP Date1st of every month

Your next SIP Payment will be on 8 February 2026

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