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DEBT•OVERNIGHT FUND

TATA Overnight Fund

3 Year return

6.24%
NAV on June 06, 2026
1435.0426
1D Returns
+0.2%
Launched on March 2019(7 years)

Investment Details

₹500
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
10.22%₹368
Total Value ₹3,968

Risk Involved

scale
Your principal will be at
Very High Risk

Scheme Information

Asset Under Management
₹4,376.19 Cr.
Expense Ratio
0.06% (inclusive of GST)
Exit Load
Nil

Ratings

ARQ Rating
2

Ratings by other agencies

Value Research
3
Crisil
0
Morning Star
0

Tax Implications

Tax on gains as per your income tax bracket

Tata Mutual Fund Manager

AS

Amit Somani

Fund Manager since May 2003

JK

Jennifer Karkaria

Fund Manager since Jun 2026

VK

Vijay Kerkar

Fund Manager since Jun 2026

Fund House Details

Tata Mutual Fund

Tata Mutual Fund

Asset management company

AUM
₹2,30,219.64 Cr.
No. of Schemes
181
Setup Date
March 1994

Peer Comparison

Comparison with other similar funds

Funds3 Y ReturnsARQ Rating
Bank of India Overnight Fund6.3552%
0
Axis Overnight Fund6.2468%
5
Mirae Asset Overnight Fund6.2277%
3.5

Schemes by Tata Mutual Fund

List of mutual fund schemes by AMC

About TATA Overnight Fund Direct Plan Growth

The TATA Overnight Fund Direct Plan Growth is an overnight fund managed by TATA Mutual Fund. It is a direct plan, which means that there are no brokerage fees involved when you invest in the fund. Overnight funds invest in debt securities that mature on the next day. These funds offer a very low risk of capital loss and are suitable for investors who are looking for preservation of capital. The TATA Overnight Fund Direct Plan Growth invests in a diversified portfolio of overnight debt securities. The fund aims to generate income by investing in these securities.

Investment Objectives of the Scheme

The investment objective of the TATA Overnight Fund Direct Plan Growth is to generate income by investing in a diversified portfolio of overnight debt securities. The fund will invest at least 99% of its assets in overnight debt securities.

Key Features of The Fund

5-year return
5.6086%
Expense Ratio
0.06%
Fund Manager
Amit Somani
Fund Size
₹4376.19 Cr.
Risk Profile
Low

Is This Scheme Right for Me?

The TATA Overnight Fund Direct Plan Growth is a good option for investors who are looking for preservation of capital. The fund offers a very low risk of capital loss and is suitable for investors who need to access their money in the very short term. However, the fund is not suitable for investors who are looking for high returns. The fund's investment objective is to generate income, which means that you may not see significant returns in the short term.

AMC Contact Details

NameTata Mutual Fund
Launch DateMarch 1994
AddressMulla House, Ground Floor, 51, M.G. Road, Near Flora Fountain, Mumbai – 400 001 Maharashtra
Contact(022) 6282 7777
Emailservice@tataamc.com
Websitehttps://www.tatamutualfund.com/
Disclaimer: Mutual funds are subject to market risk. Read all scheme-related documents carefully to make informed-decision.

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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 TATA Overnight Fund on June 06, 2026, is ₹1435.0426
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 TATA Overnight Fund, is ₹4376.19 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 TATA Overnight Fund is 0.06%
The TATA Overnight Fund was launched on March 25, 2019. 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 TATA Overnight Fund is ₹500.
  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

₹
₹3,968 in 3Y at 6.2416% returns
SIP Date1st of every month

Your next SIP Payment will be on 6 July 2026

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