Historical NAV & Returns
About Tata Overnight Fund Direct Growth
Tata Overnight Fund Direct Growth is a debt fund. This fund was started on 27 March, 2019. The fund is managed by Amit Somani. This fund is suitable to keep your money safe.
Key Parameters
- Tata Overnight Fund Direct Growth has ₹4087 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
- The fund has an expense ratio 0.1.
Returns
Tata Overnight Fund Direct Growth has given a CAGR return of 5.10% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 6.63%, 6.37% and 5.08% respectively.
Holdings
Tata Overnight Fund Direct Growth has allocated its funds majorly in Cash Equivalent. Its top holdings are 91 Days Tbill Red 24-04-2025, 364 DTB 18042025
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 Tata Overnight Fund Direct Growth
The 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. However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved. The scheme does not assure or guarantee any returns.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 500.00. Tata Overnight Fund Direct Growth has no lock in period.
Tata Overnight Fund Direct Growth Overview
| Expense ratio | 0.06% |
Benchmark | CRISIL Liquid Overnight TR INR |
| AUM | ₹4087 Cr |
| Inception Date | 27 March, 2019 |
| Min Lumpsum/SIP | ₹5000/₹500 |
| Exit Load | 0% |
| Lock In | No Lock-in |
TurnOver | 1348.8% |
| 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 (23-Apr-25)
Fund Distribution
as on (31-Dec-69)
- AUM of the fund stands at 4.1K Cr as of Mar'25
- AUM increased by 477 Cr between Mar'25 and Feb'25
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 91 Days Tbill Red 24-04-2025 | 2.33% | 0% | |
364 DTB 18042025 | 1.75% | 0% |
Funds | 1Y Returns | 3Y Returns | 5Y Returns | Since Inception |
|---|---|---|---|---|
 Tata Overnight Fund Direct Growth | 6.63% | 6.37% | 5.08% | 5.1% |
 Bank of India Overnight Fund Direct Growth | 6.69% | 6.43% | 5.18% | 5.14% |
 Axis Overnight Fund Direct Growth | 6.65% | 6.39% | 5.11% | 5.09% |
 ICICI Prudential Overnight Fund Direct Growth | 6.58% | 6.34% | 5.06% | 5.14% |
Mutual Fund Insights
Tata Overnight Fund Direct Growth Highlights
Low Risk
About the fund
AUM size ₹4087 Cr
Expense Ratio 0.06%
More funds from Tata
5Y CAGR
▲ 6.55
1Y CAGR
▲ 11.11
3Y CAGR
▲ 7.58
5Y CAGR
▲ 6.87
3Y CAGR
▲ 7.70
Frequently Asked Questions for Tata Overnight Fund Direct Growth
Tata Overnight Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.52% | 0.52% |
6 Month Returns | 3.24% | 3.24% |
1 Year Returns | 6.63% | 6.63% |
3 Years Returns | 20.34% | 6.37% |
- 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 |