Historical NAV & Returns
About Franklin India Overnight Fund Direct Growth
Franklin India Overnight Fund Direct Growth is a debt fund. This fund was started on 10 May, 2019. The fund is managed by Rohan Maru, Pallab Roy. This fund is suitable to keep your money safe.
Key Parameters
- Franklin India Overnight Fund Direct Growth has ₹553 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
Franklin India Overnight Fund Direct Growth has given a CAGR return of 4.97% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 6.59%, 6.24% and 4.97% respectively.
Holdings
Franklin India Overnight Fund Direct Growth has allocated its funds majorly in Cash Equivalent. Its top holdings are 91 DTB 20032025, 91 DTB 28032025, 182 Days Tbill, 182 DTB 10042025
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 Franklin India Overnight Fund Direct Growth
The Scheme intends to provide reasonable income along with high liquidity by investing in overnight securities having maturity of 1 business day.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 500.00. Franklin India Overnight Fund Direct Growth has no lock in period.
Franklin India Overnight Fund Direct Growth Overview
| Expense ratio | 0.11% |
Benchmark | CRISIL Liquid Fund TR INR |
| AUM | ₹553 Cr |
| Inception Date | 10 May, 2019 |
| Min Lumpsum/SIP | ₹5000/₹500 |
| Exit Load | 0% |
| Lock In | No Lock-in |
TurnOver | 344.33% |
| 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 to Moderate Risk |
Trailing Returns
as on (01-Apr-25)
Fund Distribution
as on (31-Dec-69)
- AUM of the fund stands at 441.6 Cr as of Feb'25
- AUM decreased by 39.6 Cr between Feb'25 and Jan'25
Top Sector in February was Government
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 91 DTB 20032025 | 1.81% | 0% | |
182 Days Tbill | 0.9% | 0% | |
91 DTB 28032025 | 0.9% | 0% | |
182 DTB 10042025 | 0.9% | 0% |
Mutual Fund Insights
Franklin India Overnight Fund Direct Growth Highlights
Low to Moderate Risk
About the fund
AUM size ₹553 Cr
Expense Ratio 0.11%
More funds from Franklin
Franklin India Government Securities Fund Direct Growth
5Y CAGR
▲ 5.41
Franklin India Floating Rate Direct Growth
5Y CAGR
▲ 6.68
Franklin India Corporate Debt Direct Growth
5Y CAGR
▲ 6.65
Franklin India Banking & PSU Debt Fund Direct Growth
5Y CAGR
▲ 6.24
Franklin India Money Market Fund Direct Growth
5Y CAGR
▲ 6.04
Frequently Asked Questions for Franklin India Overnight Fund Direct Growth
Franklin India Overnight Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.54% | 0.54% |
6 Month Returns | 3.23% | 3.23% |
1 Year Returns | 6.59% | 6.59% |
3 Years Returns | 19.92% | 6.24% |
5 Years Returns | 27.43% | 4.97% |
- 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 |