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Value Research Rating
Analyst’s Choice
Riskometer
Low
₹1,335.1122 0.02%
As on 17-Apr-2025
As per SEBI's Riskometer.
Split between different types of investments
Split between categories of Equity investments
|
Fund name
|
Rating |
VR Opinion |
Risk
|
Return (%) |
|
Expense Ratio (%)
|
|---|---|---|---|---|---|---|
|
Franklin India Overnight Fund - Direct Plan
|
|
|
Low
|
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0.07 |
|
 |
|
Low
|
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0.05 |
||
 |
|
Low
|
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0.05 |
||
|
|
Low
|
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0.08 |
||
|
|
Low
|
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0.08 |
₹421 Cr
--
5,000
1,000
500
12
Investment Strategy
The Scheme seeks to provide reasonable income along with high liquidity by investing in overnight securities having maturity of 1 business day. There can be no assurance that the investment objective of the scheme will be realized.
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
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
Franklin India Overnight Fund - Direct Plan 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, Franklin India Overnight Fund - Direct Plan fund can be purchased from the website of Franklin Templeton 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 Franklin India Overnight Fund - Direct Plan is ₹1,335.1122 as of 18-Apr-2025.
The AUM of Franklin India Overnight Fund - Direct Plan Fund is ₹421 Cr as of 31-Mar-2025
The riskometer level of Franklin India Overnight Fund - Direct Plan is Low. See More
| Company | Percentage of Portfolio |
|---|---|
|
Reserve Bank of India T-Bills 182-D 10/04/2025 |
1.19
|
|
Reserve Bank of India T-Bills 91-D 17/04/2025 |
1.18
|
|
Reserve Bank of India T-Bills 364-D 18/04/2025 |
1.18
|
|
Reserve Bank of India T-Bills 91-D 24/04/2025 |
1.07
|
As of 31-Mar-2025, Franklin India Overnight Fund - Direct Plan had invested 95.38% in Cash & Cash Eq. and 4.62% in Debt See More
Franklin India Overnight Fund - Direct Plan is 5 years 11 months old. It has delivered 4.98% returns since inception. See More
|
1Y
|
3Y
|
5Y
|
7Y
|
10Y
|
Since Inception
|
|---|---|---|---|---|---|
|
6.57%
|
6.28%
|
5.00%
|
--
|
--
|
4.98%
|
No, There is no lock in period in Franklin India Overnight Fund - Direct Plan.
The expense ratio of Franklin India Overnight Fund - Direct Plan is 0.07.
