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 13 years.
Managing this Scheme since January 2019.

Rahul Vekaria
Total work experience of 7 years.
Managing this Scheme since January 2019

Inception date

Jan 9, 2019

Benchmark

CRISIL Overnight Index

NAV AS ON APRIL 30, 2020
Regular Plan  
Growth: ₹ 1070.3627
Direct Plan  
Growth: ₹ 1071.7332
Total aum

₹ 1,986 Cr

Monthly average aum

₹ 2,007 Cr

Month End Expense Ratio
Regular Plan : 0.15%
Direct Plan : 0.08%
Average Maturity

0.01 years

Modified Duration

0.00 years

Portfolio YTM

3.80%

Exit Load

Nil

Name of Instrument% to Net Assets
MONEY MARKET INSTRUMENTS
TREPS / Reverse Repo Investments / Corporate Debt Repo 99.64%
Total 99.64%
Cash & Cash Equivalent
Net Receivables/Payables 0.36%
Total 0.36%
GRAND TOTAL 100.00%

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.