DSP Overnight Fund
An Open Ended Debt Scheme Investing in Overnight Securities
DSP Overnight Fund
An Open Ended Debt Scheme Investing in Overnight Securities

Invests in overnight securities having maturity of 1 day
Suitable for investors needing high liquidity and relatively lower risk investments to invest surplus cash over the short-term (min 1 day)

Fund Manager

Kedar Karnik
Total work experience of 14 years.
Managing this Scheme since January 2019.

Inception date

Jan 9, 2019


CRISIL Overnight Index

Regular Plan  
Growth: ₹ 1084.1124
Direct Plan  
Growth: ₹ 1085.8037
Total aum

₹ 1,797 Cr

Monthly average aum

₹ 2,113 Cr

Month End Expense Ratio
Regular Plan : 0.17%
Direct Plan : 0.10%
Average Maturity

0.003 years

Modified Duration

0.00 years

Portfolio YTM


Portfolio Macaulay Duration

0.00 years

Investment Horizon (Minimum)

Medium-term Horizon

Quantitative Measures
Average Maturity 0.003 years
Yield To Maturity 3.30%
Exit Load


Data As On September 30, 2020

Name of Instrument% to Net Assets
TREPS / Reverse Repo Investments / Corporate Debt Repo 99.67
Total 99.67
Cash & Cash Equivalent
Net Receivables/Payables 0.33
Total 0.33

as on 30th Sept'20

As per the investment policy of DSP Overnight Fund , the Fund does not invest in Corporate Debt Repo

Performance (CAGR Returns in %)
1 yr 3 yr 5 yr SI*
3.94NANA 4.79
*SI - Since inception
Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. Returns are for Regular Plan - Growth Option Click here for performance in SEBI prescribed format.

Investment Objective

The primary objective of the scheme is to seek 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.
There is no assurance that the investment objective of the Scheme will be realized.

Product Labelling

This open ended debt scheme is suitable for investor who are seeking*
• reasonable returns with high levels of safety and convenience of liquidity over short term
• Investment in debt and money market instruments having maturity of upto 1 business day

* Investors should consult their financial advisors if in doubt whether the product is suitable for them.