Bajaj Finserv Overnight Fund Direct Growth
Debt
Direct
Overnight
NAV as on 05-03-2025
₹ 1114.75
Inception Returns
6.7%
/yr
About Bajaj Finserv Overnight Fund Direct Growth
Bajaj Finserv Overnight Fund Direct Growth is a debt fund. This fund was started on 5 July, 2023. The fund is managed by Siddharth Chaudhary. This fund is suitable to keep your money safe.
Key Parameters
- Bajaj Finserv Overnight Fund Direct Growth has ₹342 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
- The fund has an expense ratio 0.1.
Returns
Bajaj Finserv Overnight Fund Direct Growth has given a CAGR return of 6.72% since inception. Over the last 1 year the fund has given a CAGR return of 6.66%.
Holdings
Bajaj Finserv Overnight Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Corporate. Its top holdings are National Bank For Agriculture And Rural Development, Punjab National Bank, 91 DTB 13032025, 91 Days Tbill Red 27-02-2025, 182 DTB 18102024
Taxation
As it is a overnight mutual fund the taxation is as follows:If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:Invested before 1 April 2023 and held for less than 24 months, STCG will be taxed at your income slab rate.Invested before 1 April 2023 and held for more than 24 months, LTCG will be taxed at 12.5%.Invested after 1 April 2023, capital gains will be taxed at your income slab rate.Dividends will always be taxed at slab rate.
Investment objective of Bajaj Finserv Overnight Fund Direct Growth
The Scheme aims to provide reasonable returns commensurate with low risk and 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 achieved.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 1000.00. Bajaj Finserv Overnight Fund Direct Growth has no lock in period.
Historical NAV & Returns
Bajaj Finserv Overnight Fund Direct Growth Overview
| Expense ratio | 0.08% |
Benchmark | CRISIL Liquid Fund TR INR |
| AUM | ₹342 Cr |
| Inception Date | 5 July, 2023 |
| Min Lumpsum/SIP | ₹100/₹1000 |
| Exit Load | 0% |
| Lock In | No Lock-in |
TurnOver | 709.6% |
| STCG | Selling mutual fund within 36 months, gains taxed at slab rates. |
| LTCG | Holding over 3 years, gains taxed at slab rates without indexation. |
| Risk |   Low Risk |
Trailing Returns
as on (05-Mar-25)
Fund Distribution
as on (31-Dec-69)
- AUM of the fund stands at 342.3 Cr as of Jan'25
- AUM increased by 109 Cr between Jan'25 and Dec'24
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 National Bank For Agriculture And Rural Development | 6.06% | 0% | |
Punjab National Bank | 6.06% | 0% | |
91 DTB 13032025 | 2.41% | 0% | |
91 Days Tbill Red 27-02-2025 | 1.21% | 0% | |
182 DTB 18102024 | 1.21% | 0% |
Bajaj Finserv Overnight Fund Direct Growth Highlights
Low Risk
About the fund
AUM size ₹342 Cr
Expense Ratio 0.08%
Frequently Asked Questions for Bajaj Finserv Overnight Fund Direct Growth
Bajaj Finserv Overnight Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.48% | 0.48% |
6 Month Returns | 3.23% | 3.23% |
1 Year Returns | 6.66% | 6.66% |
3 Years Returns | 0% | 0% |
5 Years Returns | 0% | 0% |
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
AAA | 100 |