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IDFC Overnight Fund

IDFC Overnight Fund

Regular PlanGrowth Option

Fund Performance

Lumpsum

SIP

3 Years

Invest Now

NAV Performance

IDFC Overnight Fund performance graph for last 3 years
Performance of IDFC Overnight Fund for last 3 Years

Fund Information

  • ₹ 1,117.146

    as on 28 Nov 2021
  • Regular - Growth

  • -

  • ₹ 5,000

  • ₹ 1,506 Cr.

    as on 28 Nov 2021
  • 0.18%

    since 31 May 2021
  • 18 Jan 2019

  • Debt - Overnight Fund

  • CRISIL 10 Year Gilt Index

  • IDFC Mutual Fund

    Show All Funds

Highlights of this fund

IDFC Overnight Fund is an Open-ended Debt Fund. The fund belongs to Overnight Fund category, where the investment is done in predominantly in stocks that are listed on Stock Exchanges like the Bombay Stock Exchange (BSE) or the National Stock Exchange (NSE) in India as well as Global stock exchanges like the Dow Jones, London Stock Exchange or LSE etc. This fund was started on 18 Jan 2019. This fund is offered by one of the top AMC (Assets Management Company) IDFC Mutual Fund. You can also view here all other Debt funds offered by IDFC Mutual Fund.

Latest NAV of the fund is ₹ 1,117.146 as on 28 Nov 2021.

This fund has 2 years of track record. Since 31 May 2021 expense ratio of this fund is 0.18%. Ideally you shoulds compare this fund with the benchmark CRISIL 10 Year Gilt Index.

You can invest in this fund in SIP with the minimum investment of ₹ 1,000. Lumpsum invest is offered with minimum investment of ₹ 5,000.

Fund Objective

The Fund seeks to offer an investment avenue for short term savings by looking to generate returns in line with the overnight rates.

List of Fund Managers of IDFC Overnight Fund

  • About Brijesh Shah

    Picture of Brijesh ShahMr. Brijesh Shah is Deputy Manager - Fund Management at IDFC Asset Management Company Limited. Mr. Shah has an experience of 10 years in Fixed Income market. He has been associated with IDFC AMC since August 2015 as part of Fixed Income team. Prior to that he was associated with IDBI Asset Management Ltd. - Dealing in Fixed income (Jan. 2013 to Aug. 2015). Prior to the same, he was associated with India Bulls Asset Management Ltd. - Dealing in Fixed income (Jun. 2011 to Dec. 2012). Prior to the same, he was associated with Mata Securities - Relationship Manager, Wholesale Debt Market (Jun. 2010 to Jun. 2011). Prior to that, he was associated with Twenty First Century - Relationship Manager, Wholesale Debt Market (Jan. 2009 to May 2010). He holds a Post Graduate Diploma in Finance.

Riskometer : Risk associated with this fund

Investors understand that their principal will be at Low Risk

Fund Return Comparison

Fund Name 1 Week 1 Month 3 Months 6 Months 1 Year 2 Years 3 Years 5 Years 10 Years 1 Year 2 Years 3 Years 5 Years 10 Years
Category Best 0.07% 0.29% 0.84% 1.61% 3.15% 3.39% 4.12% 4.82% 6.65% 3.19% 3.16% 3.49% 4.21% 5.65%
Category Average 0.06% 0.27% 0.79% 1.55% 3.07% 3.26% 4.03% 4.65% 6.49% 3.10% 3.08% 3.42% 4.11% 5.52%
IDFC Overnight Fund 0.06%₹ 10,006 0.26%₹ 10,026 0.78%₹ 10,077 1.54%₹ 10,153 3.03%₹ 10,303 3.07%₹ 12,199 3.21%₹ 10,653 3.05%₹ 24,767 - - - - - -
UTI Overnight Fund 0.06%₹ 10,006 0.29%₹ 10,028 0.80%₹ 10,080 1.57%₹ 10,157 3.11%₹ 10,311 3.13%₹ 12,203 3.31%₹ 10,673 3.13%₹ 24,787 4.12%₹ 11,289 3.49%₹ 37,975 4.53%₹ 12,484 4.15%₹ 66,650 6.65%₹ 19,054 5.65%₹ 1,60,329
SBI Overnight Fund 0.07%₹ 10,007 0.27%₹ 10,027 0.78%₹ 10,078 1.56%₹ 10,156 3.09%₹ 10,308 3.11%₹ 12,202 3.26%₹ 10,664 3.09%₹ 24,779 4.08%₹ 11,277 3.45%₹ 37,955 4.82%₹ 12,656 4.21%₹ 66,756 6.57%₹ 18,909 5.54%₹ 1,59,467
ICICI Prudential Overnight Fund 0.06%₹ 10,006 0.27%₹ 10,027 0.78%₹ 10,078 1.54%₹ 10,154 3.05%₹ 10,305 3.08%₹ 12,200 3.23%₹ 10,656 3.06%₹ 24,771 4.06%₹ 11,270 3.42%₹ 37,936 - - - -
Aditya Birla Sun Life Overnight Fund 0.06%₹ 10,006 0.27%₹ 10,026 0.79%₹ 10,078 1.54%₹ 10,154 3.06%₹ 10,306 3.09%₹ 12,201 3.24%₹ 10,659 3.07%₹ 24,774 4.06%₹ 11,269 3.43%₹ 37,941 - - - -
HDFC Overnight Fund 0.07%₹ 10,007 0.26%₹ 10,025 0.78%₹ 10,078 1.53%₹ 10,152 3.05%₹ 10,304 3.07%₹ 12,199 3.22%₹ 10,655 3.05%₹ 24,768 4.03%₹ 11,260 3.41%₹ 37,926 4.81%₹ 12,650 4.16%₹ 66,677 6.25%₹ 18,336 5.38%₹ 1,58,126

Portfolio Holdings

Portfolio holdings pattern of IDFC Overnight Fund as on 29 Nov 2021 are listed below:

  • Equity Holdings:

    0.00%
  • Debt Holdings:

    9.39%
  • Others Holdings:

    90.61%

Top Debt Instrument Type holdings of IDFC Overnight Fund

Instrument TypeHolding PercentageHolding Values in Crore
CP 9.39% ₹ 249.96 Cr.
Others 90.61% -

Top Debt Holdings of IDFC Overnight Fund

Name of Debt InstrumentHolding PercentageHolding Values in Crore
Bond - Reliance Jio Infocomm Ltd. 9.39% ₹ 249.96 Cr.
Others 90.61%

Other Holdings

Holding TypeHolding Percentage
TREPS 53.12%
Reverse Repo 37.58%
Margin 0.06%
Net Receivables -0.15%