HDFC Overnight Fund

Value Research Rating

2 star

Analyst’s Choice

premium-user

Riskometer

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Low

₹3,723.0062 0.02%

As on 14-Feb-2025

Returns

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Calculate SIP Returns of HDFC Overnight Fund

Upfront Investment

Monthly SIP Amount

Investment Duration

years

Risk

info

This fund has Low risk.

Low
Low to Moderate
Moderate
Moderately High
High
Very High

As per SEBI's Riskometer.

Portfolio of HDFC Overnight Fund

Asset Allocation

Split between different types of investments

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Credit Rating Weightage

Split between categories of Equity investments

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Peer Comparison

Fund name
Rating
VR Opinion
Risk info
Return (%)
Expense Ratio (%) info
HDFC Overnight Fund
2 star
unlock fund advisor
Low
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0.17
4 star
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Low
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0.16
5 star
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Low
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0.09
4 star
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Low
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0.16
4 star
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Low
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0.11

Other details of HDFC Overnight Fund

Assets

info

₹11,516 Cr

Exit Load (Days)

info

--

Min. Investment (₹)

100

Min. Withdrawal (₹)

--

Min. SIP Investment (₹)

100

Min. No of Cheques

6

BLAHBLAH

Investment Strategy

The scheme seeks to generate returns by investing in debt and money market instruments with overnight maturity.

Suitability

"Overnight funds invest in bonds having a maturity of just one day. They are suitable to earn a little extra on idle money lying in the bank. You may invest in these funds the money that you have set aside to meet any emergency needs or any surplus money that you don't need for a few days up to a year.

The risk of incurring a loss in these funds is negligible but they do not guarantee returns or safety of capital.

Remember, these funds are geared to deliver only marginally higher returns than your bank account. They deliver steady, but low returns and are not suitable to build wealth in the long run."

Capital Gains Taxation

  • If investment is made on or after 1 April 2023: Entire amount of gain is added to the investors' income and taxed according to the applicable slab rate.
  • If investment is made before 1 April 2023:
    • Sold within 2 years from the date of investment: Gains are added to the investors' income and taxed according to the applicable slab rate.
    • Sold after 2 years from the date of investment: Gains are taxed at the rate of 12.5%.
  • No tax is to be paid as long as you continue to hold the units.

Disclaimer: The tax information has been prepared on a best-effort basis using information available in the public domain and other sources that Value Research considers reliable. This is not meant as tax advice, and we advise you to consult your tax advisor before making any decision. Value Research takes no responsibility and assumes no liability for any loss or damage arising from any investment or redemption decision based on this information.

Dividend Taxation

  • Dividends are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.
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FAQ for HDFC Overnight Fund

HDFC Overnight Fund is mandated to invest in bonds having a maturity of just one day.

Mutual funds can be bought directly from the website of the fund house. For instance, HDFC Overnight Fund fund can be purchased from the website of HDFC Mutual Fund. You can also buy mutual funds through platforms like MF Central, MF Utility, among others. However, if you are not comfortable buying mutual funds online, you can seek help of a mutual fund distributor. Most banks also act as mutual fund distributors. So you can connect with your bank for assistance.

The NAV of HDFC Overnight Fund is ₹3,723.0062 as of 15-Feb-2025.

The AUM of HDFC Overnight Fund Fund is ₹11,516 Cr as of 31-Jan-2025

The riskometer level of HDFC Overnight Fund is Low. See More

Company Percentage of Portfolio

Reserve Bank of India T-Bills 364-D 06/02/2025

1.74

Reserve Bank of India T-Bills 364-D 13/02/2025

1.52

Reserve Bank of India T-Bills 91-D 21/02/2025

0.87

Reserve Bank of India T-Bills 182-D 27/02/2025

0.61

Reserve Bank of India T-Bills 91-D 06/02/2025

0.30
See More

As of 31-Jan-2025, HDFC Overnight Fund had invested 94.7% in Cash & Cash Eq. and 5.3% in Debt See More

HDFC Overnight Fund is 23 years 0 months old. It has delivered 5.87% returns since inception. See More

1Y
3Y
5Y
7Y
10Y
Since Inception
6.56%
6.02%
4.83%
5.09%
5.50%
5.87%

No, There is no lock in period in HDFC Overnight Fund.

The expense ratio of HDFC Overnight Fund is 0.17.