DSP Overnight Fund
DSP Mutual Fund · Overnight · Regular plan, growth option
NAV (₹), 2 Oct 2026
1,471.1174
1-day change
0.01%
1Y return
5.2%
3Y CAGR
6.0%
5Y CAGR
5.7%
Max drawdown, 5Y
0.0%
NAV history month-end NAV, ₹ · 9 Jan 2019 to 2 Oct 2026
Returns vs Overnight median (43 schemes)
| Period | Scheme | Category median |
|---|---|---|
| 1 month | 0.4% | 0.4% |
| 3 months | 1.3% | 1.2% |
| 6 months | 2.5% | 2.5% |
| Year to date | 3.8% | 3.8% |
| 1 year | 5.2% | 5.2% |
| 3 years (CAGR) | 6.0% | 6.0% |
| 5 years (CAGR) | 5.7% | 5.6% |
| 7 years (CAGR) | 5.0% | 5.0% |
| 10 years (CAGR) | n/a | 5.3% |
| Since first NAV (CAGR) | 5.1% | – |
Rolling returns every business-day start date
| Measure | Scheme | Category median |
|---|---|---|
| 1Y rolling median | 5.3% | 5.4% |
| 3Y rolling median | 5.3% | 5.7% |
| 3Y rolling worst | 3.6% | 3.6% |
| 3Y periods positive | 100% | 100% |
| 3Y periods ahead of benchmark | n/a | n/a |
| 5Y rolling median | 5.1% | 5.1% |
| 5Y rolling worst | 4.7% | 4.7% |
| 5Y periods ahead of benchmark | n/a | n/a |
Benchmark: none available in MFIC's free data for this category.
Risk 36 months, monthly returns, Rf 6.5%
| Measure | Scheme | Category median |
|---|---|---|
| Standard deviation (ann.) | 0.3% | 0.3% |
| Sharpe ratio | -2.16 | -2.20 |
| Sortino ratio | -1.90 | -1.92 |
| Beta | n/a | n/a |
| Alpha (ann.) | n/a | n/a |
| Upside capture | n/a | n/a |
| Downside capture | n/a | n/a |
Drawdowns peak-to-trough falls in NAV
| Measure | Scheme | Category median |
|---|---|---|
| Maximum drawdown, full history | 0.0% | 0.0% |
| Maximum drawdown, last 10Y | n/a | 0.0% |
| Maximum drawdown, last 5Y | 0.0% | 0.0% |
| Current drawdown | 0.0% | 0.0% |
| Recovery time of worst fall | n/a | – |
Longer histories include more crises, so compare the 5Y and 10Y figures across schemes of different ages.
Fund managers and scheme facts Scheme Summary Document via AMFI
| Fund manager | Role | Managing since |
|---|---|---|
| Karan Mundhra | Primary | 1 Aug 2024 |
| Shalini Vasanta | Comanage | 1 Jan 2026 |
| Shantanu Godambe | Comanage | 1 Jan 2026 |
Objective: The primary 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. There is no assurance that the investment objective of the Scheme will be achieved.
Stated asset allocation: Debt Securities and Money Market Instruments with maturity upto 1 business day: Upto 100% For detailed asset allocation pattern, please refer to the Scheme Information Document
Benchmark (tier 1): CRISIL Liquid Overnight Index
Minimum application: ₹100
Allotment date: 9 Jan 2019
Documents: Scheme Information Document · Scheme Summary Document. Read the scheme documents before investing.
Cost, size and riskometer as disclosed to AMFI
| Measure | Scheme | Category median |
|---|---|---|
| Expense ratio (TER), Regular plan | n/a | 0.18% |
| AUM, whole scheme (₹ crore) | 3,194 | 623 |
| Riskometer | Low to Moderate | – |
TER: AMFI, TER of MF Schemes. AUM and riskometer: AMFI, Fund Performance, 30 Sep 2026.
Official benchmark and category consistency
| Measure | Scheme | Benchmark / category |
|---|---|---|
| Return, 1 year (AMFI) | 5.2% | 5.2% TRI |
| Return, 3 years (AMFI) | 6.0% | 6.1% TRI |
| Return, 5 years (AMFI) | 5.7% | 5.8% TRI |
| Month-ends above category median (3Y CAGR) | 100% | 40% median |
| Month-ends in category top quartile (3Y) | 35% | 6% median |
Official benchmark: CRISIL Liquid Overnight Index (total return index, as published by AMFI). Category consistency: last 10 years of month-ends, Overnight Regular plans; how it is calculated.
Calendar-year returns NAV change from 31 Dec to 31 Dec
| Year | Scheme | Benchmark | Difference |
|---|---|---|---|
| 2026 YTD | 3.8% | n/a | – |
| 2025 | 5.7% | n/a | – |
| 2024 | 6.6% | n/a | – |
| 2023 | 6.7% | n/a | – |
| 2022 | 4.6% | n/a | – |
| 2021 | 3.1% | n/a | – |
| 2020 | 3.5% | n/a | – |
No free benchmark proxy for this category. The first year starts from the first 31 December in the scheme's history.
Monthly SIP of ₹10,000 first business day of each month, ending 2 Oct 2026
| Period | Invested | Value | XIRR |
|---|---|---|---|
| 1 year | ₹1,20,000 | ₹1,23,319 | 5.1% |
| 3 years | ₹3,60,000 | ₹3,92,104 | 5.6% |
| 5 years | ₹6,00,000 | ₹6,95,543 | 5.8% |
Uses this plan's NAVs; ignores stamp duty, exit loads and taxes. One historical path only — the interactive SIP analyzer shows outcomes across every start date.
Scheme facts
AMC: DSP Mutual Fund
Category: Overnight
Plan / option: Regular · Growth
AMFI scheme code: 146061
ISIN: INF740KA1MB0
First NAV in MFIC data: 9 Jan 2019
History: 7.7 years
Expense ratio, AUM, portfolio: see the scheme's factsheet
Schemes that behaved similarly correlation of monthly returns, last 5 years
| Scheme | Category | Correlation | 3Y CAGR |
|---|---|---|---|
| Nippon India Overnight Fund | Overnight | 1.00 | 6.0% |
| BANDHAN Overnight Fund | Overnight | 1.00 | 6.0% |
| Tata Overnight Fund | Overnight | 1.00 | 6.0% |
| Edelweiss Overnight Fund | Overnight | 1.00 | 6.0% |
Questions about DSP Overnight Fund
- What is the latest NAV of DSP Overnight Fund?
- The NAV of the Regular plan (growth option) was ₹1,471.1174 on 2 Oct 2026, as published by AMFI.
- Which category is DSP Overnight Fund in?
- It is classified as Overnight in AMFI's daily NAV file. MFIC compares it with 43 Overnight schemes (Regular plans).
- What returns has DSP Overnight Fund delivered?
- Over one year the NAV changed by 5.2%. The 3-year CAGR is 6.0% (category median 6.0%) and the 5-year CAGR is 5.7% (category median 5.6%). Returns are after expenses and before tax. Past performance may or may not be sustained in future.
- How consistent have its 3-year returns been?
- Measuring a 3-year CAGR from every business day in its history, the median was 5.3%, the lowest was 3.6%, and 100% of 3-year periods ended with a gain.
- What was the largest fall in DSP Overnight Fund's NAV?
- The largest peak-to-trough fall in its available history was 0.0%; within the last five years it was 0.0% (category median 0.0%).
- How volatile is DSP Overnight Fund?
- Its annualised standard deviation of monthly returns over the last 36 months is 0.3%, which is below the Overnight category median of 0.3%.
- What would a monthly SIP in DSP Overnight Fund have grown to?
- A SIP of ₹10,000 on the first business day of each month for the last 5 years (60 instalments, ₹6,00,000 invested) would have been worth about ₹6,95,543 on 2 Oct 2026, an annualised return (XIRR) of 5.8%. This uses the Regular plan's NAVs, ignores taxes and exit loads, and past performance may or may not be sustained in future.
- How large is DSP Overnight Fund?
- Assets under management of the whole scheme were ₹3,194 crore on 30 Sep 2026, as published by AMFI.
- What is the riskometer level of DSP Overnight Fund?
- AMFI lists the scheme's riskometer as “Low to Moderate”, and its benchmark's as “Low”. The riskometer is a label of potential risk set under SEBI rules, not a forecast.
- What is the benchmark of DSP Overnight Fund and how has it compared?
- Its official benchmark is the CRISIL Liquid Overnight Index. Over 3 years AMFI reports a return of 6.0% for this plan against 6.1% for the benchmark total return index; over 5 years 5.7% against 5.8%. Past performance does not indicate future results.
- How often has DSP Overnight Fund beaten its category?
- At 100% of the 57 month-ends compared over the last 10 years, its 3-year return was above the median of Overnight schemes (Regular plans); it was in the top quarter at 35% of them. A typical scheme would show about 50%.
- Who manages DSP Overnight Fund?
- According to its Scheme Summary Document, DSP Overnight Fund is managed by Karan Mundhra (since 1 Aug 2024), Shalini Vasanta (since 1 Jan 2026), Shantanu Godambe (since 1 Jan 2026).
- What is the minimum investment in DSP Overnight Fund?
- The minimum application amount is ₹100. SIP details: SIP, SWP, STP - Rs. 100/- for all frequencies.
- What is the difference between the Direct and Regular plans?
- Both plans hold the same portfolio; the Regular plan includes distribution costs in its expense ratio. Over one year the Direct plan's NAV changed by 5.3% and the Regular plan's by 5.2%. The Regular plan includes the services of a distributor.
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Data & disclosure. Source: AMFI daily NAV file and historical NAVs via mfapi.in; calculations by MFIC, as of 2 Oct 2026. Category medians use Regular plans in the same AMFI category. Mutual fund investments are subject to market risks; read all scheme-related documents carefully. Past performance may or may not be sustained in future. This page is for research and education only and is not investment advice or a recommendation to buy, sell or hold any scheme. Integrato Financial Services Pvt. Ltd. is an AMFI-registered Mutual Fund Distributor (ARN-173155). Methodology.