HDFC Overnight Fund - Growth

( NAV change from the previous, NAV as on )

Launch Date

2002-02-06 05:30:00.0

AUM

NA
(as on date NA)

Benchmark

CRISIL Overnight Index

Fund Manager

Anil Bamboli

Risk: Low

HDFC Overnight Fund Overview

HDFC Overnight Fund is an open-ended debt scheme under the overnight category. Earlier HDFC Overnight Fund was named HDFC Cash Mgmt Call. The investment objective of HDFC Overnight Fund is to provide stable returns by investing in money market and debt securities with overnight maturity. HDFC Overnight Fund portfolio includes overnight reverse repos, collateralised borrowing & lending obligations with overnight maturity. You can invest either in HDFC Overnight Fund growth plan or HDFC Overnight Fund dividend plan. HDFC Overnight Fund expense ratio is very low and budget-friendly. You can track the record of HDFC Overnight Fund performance by studying the HDFC Overnight Fund NAV details.

Eligibility for investing in HDFC Overnight Fund

  • Adult citizens residing in India.
  • Religious and other charitable trusts.
  • Minor through parents or legal guardian
  • Mutual Funds or other Alternative Investment Funds registered under the Securities and Exchange Board of India
  • Limited liability partnership.
  • The Karta of Hindu Undivided Family (HUF)
  • Banking and other financial institutions
  • Foreign Institutional Investors (FIIs) with registration under the Securities and Exchange Board of India
  • Individuals residing abroad with Indian origin.

Documents required for HDFC Overnight Fund

KYC Documents-

  • Pan Card
  • Passport Size Photo
  • AADHAAR Card
  • acknowledgment receipt
  • Voter's ID Card

Advantages of HDFC Overnight Fund

  • HDFC Overnight Fund portfolio includes money market and debt securities with overnight maturity.
  • You need to invest up to 3 months to yield returns from HDFC Overnight Fund.
  • Based on HDFC Overnight Fund performance table, the fund's return has exceeded the benchmark index.
  • Experienced fund manager studies the market condition and then decides the investment strategy of HDFC Overnight Fund.
  • You can either go for HDFC Overnight Fund dividend plan or HDFC Overnight Fund growth plan as per your investment goal.
  • Depending on HDFC Overnight Fund NAV details, you can go for applying online.
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