DEBT•OVERNIGHT FUND
PGIM India Overnight Fund
3 Year return
6.09%
NAV on August 11, 2026
1413.983
1D Returns
+0.19%
Launched on August 2019(7 years)
Investment Details
₹1000
Minimum SIP Amount
₹5000
Minimum one time investment
Fund has no lock-in period
Calculate Returns
Based on past performance of this fund
₹
Your Investment₹3,600
Gain
9.97%₹359
Total Value ₹3,959
Risk Involved
Your principal will be at
Very High Risk
Scheme Information
Asset Under Management
₹78.9 Cr.
Expense Ratio
0.2% (inclusive of GST)
Exit Load
Nil
Ratings
4
Ratings by other agencies
Value Research
4
Crisil
0
Morning Star
0
Tax Implications
Tax on gains as per your income tax bracket
PGIM India Mutual Fund Manager
BK
Bhupesh Kalyani
Fund Manager since Apr 2026
PP
Puneet Pal
Fund Manager since Jul 2022
SD
Sandeep Devan
Fund Manager since Feb 2026
Fund House Details
PGIM India Mutual Fund
Asset management company
AUM
₹26,639.93 Cr.
No. of Schemes
76
Setup Date
May 2010
Peer Comparison
Comparison with other similar funds
| Funds | 3 Y Returns | ARQ Rating |
|---|---|---|
| Bank of India Overnight Fund | 6.2744% | 0 |
| Axis Overnight Fund | 6.1692% | 5 |
| Mirae Asset Overnight Fund | 6.1508% | 3.5 |
Schemes by PGIM India Mutual Fund
List of mutual fund schemes by AMC
Funds
3 Years Returns
Hybrid . Aggressive Hybrid Fund
PGIM India Aggressive Hybrid Equity Fund Direct Plan Dividend Payout9.9381%
Hybrid . Aggressive Hybrid Fund
PGIM India Aggressive Hybrid Equity Fund Direct Plan Dividend Reinvestment9.9381%
Hybrid . Aggressive Hybrid Fund
PGIM India Aggressive Hybrid Equity Fund Direct Plan Monthly Dividend Option Payout9.9008%
Hybrid . Aggressive Hybrid Fund
PGIM India Aggressive Hybrid Equity Fund Direct Plan Monthly Dividend Option Reinvestment9.9008%
The PGIM India Overnight Fund Direct Plan Growth is managed by PGIM India Mutual Fund. It falls within the category of "Overnight Funds." These funds primarily invest in very short-term debt instruments, with a focus on securities that have an extremely short maturity period, often just a single day.
The fund is an open-ended fund. The expense ratio of the fund is lower than the category average.
Investment Objectives of the Scheme
The main objective of the PGIM India Overnight Fund Direct Plan Growth is to generate returns with a high level of safety and liquidity by investing in overnight securities. Overnight funds aim to provide investors with stability and modest returns while ensuring that investments are minimally exposed to market risks due to their short holding period.
Key Features of The Fund
5-year return
5.6387%
Expense Ratio
0.2%
Fund Manager
Bhupesh Kalyani
Fund Size
₹78.9 Cr.
Risk Profile
Low
Is This Scheme Right for Me?
PGIM India Overnight Fund Direct Plan Growth could be suitable for investors who are looking for a very low-risk, ultra-short-term investment option that offers high liquidity. If you're seeking an alternative to parking your funds in a savings account or a liquid fund and want to minimize the impact of market fluctuations, this fund might align well with your preferences. It's particularly appealing for those who value safety and liquidity and have a short investment horizon.
Before investing, it's crucial to align the fund's objectives with your own financial goals, risk tolerance, and investment horizon.
AMC Contact Details
| Name | PGIM India Mutual Fund |
| Launch Date | May 2010 |
| Address | 4th Floor, C Wing, Laxmi Towers, Bandra Kurla Complex,Bandra (East), Mumbai - 400 051 Phone No: +91 22 6159 3000 |
| Contact | 1800 266 7446 |
| care@pgimindia.co.in | |
| Website | https://www.pgimindiamf.com/ |
Disclaimer: Mutual funds are subject to market risk. Read all scheme-related documents carefully to make informed-decision.
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FAQs
What is today's NAV of PGIM India Overnight Fund?
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 PGIM India Overnight Fund on August 11, 2026, is ₹1413.983
What is the AUM of PGIM India Overnight Fund?
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 PGIM India Overnight Fund, is ₹78.9 crore.
What is the expense ratio of PGIM India Overnight Fund?
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 PGIM India Overnight Fund is 0.2%
What are the returns of PGIM India Overnight Fund since inception?
The PGIM India Overnight Fund was launched on August 12, 2019. The fund has delivered a CAGR of undefined since inception.
What is the minimum SIP amount to invest in PGIM India Overnight Fund?
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 PGIM India Overnight Fund is ₹1000.
How do I invest in PGIM India Overnight Fund?
- Make sure you are logged in to Angel One.
- Select the type of investment: SIP or one-time.
- 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.
- Proceed by clicking the pay button and choosing your mode of payment.
- Your portfolio will be updated with this investment in 3-5 working days.
How to start an SIP in PGIM India Overnight Fund?
- Click on the ‘Invest’ button.
- Enter your desired SIP amount and the SIP date.
- You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
- Choose your payment method between UPI and Net Banking.
- Make your payment.
- Your SIP is created.
How do I automate an SIP in PGIM India Overnight Fund?
- Once you create an SIP, click on ‘Set up autopay’
- Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
- Once you verify the OTP, your mandate request will be created.
How can I withdraw/redeem my investment in PGIM India Overnight Fund?
- Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
- Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
- Verify the details on the ‘Confirm withdraw’ screen.
- Select the bank account in which you want to receive the funds.
- You will receive your funds within three working days of placing the order.
- You can track your order in the ‘Orders’ section.
ENTER AMOUNT
₹
₹3,959 in 3Y at 6.0862% returns
SIP Date1st of every month
Your next SIP Payment will be on 11 September 2026
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