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3 star

DSP Overnight Fund - Regular Plan download report


Debt: Overnight

1 Lakh

Investment Grown to
₹ 1.03 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.22 Lakh

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."

Taxability of earnings:

Capital gains

  • If the mutual fund units are sold after 3 years from the date of investment, gains are taxed at the rate of 20% after providing the benefit of inflation indexation.
  • If the mutual fund units are sold within 3 years from the date of investment, entire amount of gain is added to the investors' income and taxed according to the applicable slab rate.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • 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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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
DSP Overnight Fund Reg-G 1.31 0.01 0.08 0.31 0.85 1.70 3.28 3.72 -- -- --
CCIL T Bill Liquidity Weight 0.55 0.02 0.03 -0.02 0.25 0.81 1.89 2.76 -- -- --
Debt: Overnight 1.30 0.01 0.07 0.31 0.84 1.69 3.26 3.64 -- -- --
Rank within category 8 8 6 10 8 7 10 1 -- -- --
Number of funds in category 29 30 30 30 30 29 29 16 3 3 3

As on 19-May-2022

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
DSP Overnight Fund - Regular Plan  | Invest Online
3 star
Jan-19 3.28 3.72 -- 0.14% 2,890
Axis Overnight Fund - Regular Plan
4 star
Mar-19 3.32 3.71 -- 0.12% 9,563
UTI Overnight Fund - Regular Plan  | Invest Online
4 star
Dec-03 3.29 3.68 4.52 0.12% 7,166
Edelweiss Overnight Fund - Regular Plan  | Invest Online
4 star
Jul-19 3.24 -- -- 0.16% 537
Mirae Asset Overnight Fund - Regular Plan  | Invest Online
5 star
Oct-19 3.32 -- -- 0.21% 511

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 0.15 01-Mar-2019 - 10-Mar-2019 0.03 26-Mar-2020 - 02-Apr-2020
Month 0.55 01-Mar-2019 - 02-Apr-2019 0.23 04-Nov-2020 - 04-Dec-2020
Quarter 1.57 09-Jan-2019 - 10-Apr-2019 0.72 18-Oct-2020 - 17-Jan-2021
Year 5.65 11-Jan-2019 - 12-Jan-2020 3.01 12-May-2020 - 12-May-2021

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
DSP Overnight Fund Reg-G 3.69 0.28 0.59 3.00 0.56 0.54
CCIL T Bill Liquidity Weight 2.86 0.36 -1.85 -5.13 -- --
Debt: Overnight 3.61 0.28 0.29 1.39 0.49 0.41
Rank within category 1 8 1 1 15 1
Number of funds in category 15 15 15 15 15 15

The Risk Measures have been calculated using calendar month returns for the last three years.

As on 30-Apr-2022

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 1 2 1 2
Modified Duration (yrs) -- 0.00 0.00 0.01
Average Maturity (yrs) 0.01 0.01 0.00 0.01
Yield to Maturity (%) 3.92 3.92 3.11 3.94
Avg Credit Rating -- -- --

Value Research Fund Style

Credit Rating vis-à-vis Category

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Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
new Reserve Bank of India 91-D 12/05/2022 Treasury Bills SOV 0.00 - 0.69 0.69

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 30-Apr-2022

Fund Manager

— Kedar Karnik since 07-Jan-2019

Education: Mr. Karnik is a BE and has done his Masters in Management Studies from Jamnalal Bajaj Institute of Management Studies.

Experience: Prior to joining DSP Mutual Fund he was associated with Axis Asset Management. He has also worked with HSBC and CRISIL Ltd..

Funds Managed:


0.01%

Change from previous, NAV as on 19-May-2022

Growth: ₹ 1,140.8200

IDCW Weekly: ₹ 1,000.0028

IDCW Daily: ₹ 1,000.0028


Investment Strategy

The scheme seeks to generate returns commensurate with low risk and providing high level of liquidity, through investments made primarily in overnight securities having maturity of 1 business day.

Investment Details

Min. Investment (₹) 500
Min. Addl Investment (₹) 500
Min. SIP Investment (₹) 500
Min. No of Cheques 12
Min. Withdrawal (₹) 500
Min. Balance (₹) 500
Lock-in Period Not Applicable
Exit Load 0

Basic Details

Fund House: DSP Mutual Fund
Launch Date: 09-Jan-2019
Return Since Launch: 4.00%
Benchmark: CRISIL Overnight Fund AI Index
Riskometer: Low
Type: Open-ended
Assets: ₹ 2,890 Cr (As on 30-Apr-2022)
Expense: 0.14% (As on 30-Apr-2022)
Risk Grade: --
Return Grade: Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Daily18-May-20220.1065

 17-May-20220.1057
 16-May-20220.1084
 13-May-20220.3253
 12-May-20220.1081
 11-May-20220.1065
 10-May-20220.1080
 09-May-20220.1064
 08-May-20220.1079
 07-May-20220.2207
 05-May-20220.1040
 04-May-20220.1095
 03-May-20220.0985
 02-May-20220.0988
 01-May-20220.0988
 30-Apr-20220.2064
 28-Apr-20220.1027
 27-Apr-20220.1017
 26-Apr-20220.0992
 25-Apr-20220.0990
 24-Apr-20220.0983
 22-Apr-20220.1970
 21-Apr-20220.0980
 20-Apr-20220.0967
 19-Apr-20220.0934
IDCW Weekly18-May-20220.8446

 11-May-20220.7936
 04-May-20220.7443
 27-Apr-20220.7063
 20-Apr-20220.3633
 13-Apr-20220.9473
 06-Apr-20220.6725
 30-Mar-20220.6175
 23-Mar-20220.6689
 16-Mar-20220.5085
 09-Mar-20221.4010
 02-Mar-20220.5561
 23-Feb-20220.6313
 16-Feb-20220.5874
 09-Feb-20220.6541
 02-Feb-20220.6165
 26-Jan-20220.7749
 19-Jan-20220.6862
 12-Jan-20220.6224
 05-Jan-20220.6497
 29-Dec-20210.6043
 22-Dec-20210.6494
 15-Dec-20210.6260
 08-Dec-20210.6226
 01-Dec-20210.6872

Contact Information

AMC: DSP Investment Managers Pvt. Ltd.

Address: NATRAJ, Office No. 302-3rd Floor-Plot No. 194, MV Road Junction Western Express Highway, Andheri East Mumbai - 400069

Phone: 1800-208-4499 / 1800-200-4499

Fax: 022-56578181

Website: https://www.dspim.com/

Registrar & Transfer Agent: Computer Age Management Services Ltd.

Address: 7th Floor, Tower II, Rayala Towers, 158, Anna Salai, Chennai - 600002

Phone: 1800-3010-6767 / 1800-419-7676

Fax: 044-30407101

Email: [email protected]

Website: www.camsonline.com

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