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pgim india overnight fund direct growth
PGIM India Overnight Fund Direct Growth

PGIM India Overnight Fund Direct Growth

  • Low Risk
  • Money Market
  • Overnight
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NAV as on Jul 6, 2025
i
Price per unit of the scheme.
₹ 1,337.33550.01%1 Day Change
0.42%
Minimum Investment₹5000
Expense Ratio0.11%

FUND RATING

A holistic measure of the rank of a fund relative to its peers. Top funds receive a score of 5.
*Morningstar Rating Methodologyi
i

RISK-O-METER

Level of risk associated with a mutual fund to help investors make informed investment decisions
 

bt_logoFUND PERFORMANCE

As On Jan 01, 2023
Compare fund’s performance against category average across different time periods


No Data Found.
Returns <= 1 year are absolute and > 1 year are annualised (CAGR)
For calculating Category Return & Scheme Ranking, only Growth & Direct schemes are considered.

bt_logoFUND COMPARISON

1M3M6M1Y3Y5Y
This Fund
PGIM India Overnight Fund Direct Growth
VS
Money Market: Overnight Average NAV
    Topper in Money Market: Overnight
    JM Overnight Fund Direct Growth
    All Fund


    No Data Found.
    *For the other fund, rescaled NAVs are used
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    bt_logoRETURN CALCULATOR

    Check the return on your investment in the fund
    PGIM India Overnight Fund Direct Growth
    Investment Type
    Monthly Investment
    Time Period (yrs)
    Annual Return in %
    • Invested Amount
      ₹0
    • Return
      ₹0
    • Current Value
      ₹0

    bt_logoFUND SUMMARY

    Benchmark
    Nifty 1D Rate TR INR
    Expense Ratio
    0.11%
    Category Avg Expense Ratio
    0.08%
    Minimum Investment (Lumpsum/SIP)
    ₹ 5000 /₹ 1000
    Lock In (Years)
    No Lock-in
    Fund Size
    ₹ 74.19 Cr(As on May, 2025)
    Inception Date
    Aug 27, 2019
    Turnover
    - %
    Exit Load
    Nil

    bt_logoABOUT THE FUND

    Objective: The Scheme aims to provide reasonable returns commensurate with low risk and providing a high level of liquidity, through investments made primarily in overnight securities having maturity of 1 business day.

    PGIM India Overnight Fund Direct Growth is an Money Market - Overnight fund. The fund was launched inAug 27, 2019. Its risk level is . The NAV of the fund as onJul 06, 2025 is ₹1,337.34. Its expense ratio is 0.11 %. The fund has an AUM of ₹74.19 Cr.The fund is managed byBhupesh Kalyani,Puneet Pal.
    The minimum initial investment is  ₹5000 in Lumpsum mode.

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    bt_logoFUND MANAGER

    Puneet Pal
    Puneet Pal
    i
    Lead Fund Manager.
    Jul 16, 2022 - Present
    • Fund Manager Rank12Out of 28
      i
      Rank measured on the basis of consistent alpha the fund manager delivered in the same category over a period of three years (factors only Direct plan, Growth option)
    • Schemes managed19
    • Total AUM₹ 21,638.09 Cr
    • Highest Return In 1 Yr9.98 %
    Other Funds
    • table
    • card
    1M
    3M
    6M
    1Y
    3Y
    5Y
    Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size
    PGIM India Overnight Fund Direct Growth
    --
    ₹ 1,337.34
    0.42%
    -%
    Low Risk
    ₹74.19Cr
    PGIM India Credit Risk Fund Segregated Plan 1 Direct Plan Growth
    --
    --
    -%
    -%
    Low to Moderate Risk
    ₹0.00Cr
    PGIM India Balanced Advantage Fund Direct Growth
    --
    ₹ 16.81
    2.75%
    2.04%
    Very High Risk
    ₹975.78Cr
    PGIM India Overnight Fund Direct Growth
    Low Risk--
    • NAV₹ 1,337.34
    • Fund Size₹74.19Cr
    Fund Return0.42%
    Category Return--
    PGIM India Credit Risk Fund Segregated Plan 1 Direct Plan Growth
    Low to Moderate Risk--
    • NAV--
    • Fund Size₹0.00Cr
    Fund Return--
    Category Return--
    PGIM India Balanced Advantage Fund Direct Growth
    Very High Risk--
    • NAV₹ 16.81
    • Fund Size₹975.78Cr
    Fund Return2.75%
    Category Return2.04%
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)
    Bhupesh Kalyani
    Bhupesh Kalyani
    i
    Lead Fund Manager.
    Sep 13, 2022 - Present
    • Schemes managed13
    • Total AUM₹ 2,821.88 Cr
    • Highest Return In 1 Yr9.98 %
    Other Funds
    • table
    • card
    1M
    3M
    6M
    1Y
    3Y
    5Y
    Fund NameMorningstar RatingNAVFund ReturnCategory ReturnRiskFund Size
    PGIM India Overnight Fund Direct Growth
    --
    ₹ 1,337.34
    0.42%
    -%
    Low Risk
    ₹74.19Cr
    PGIM India Large Cap Fund Direct Plan Growth
    ₹ 408.22
    3.39%
    3.37%
    Very High Risk
    ₹599.76Cr
    PGIM India CRISIL IBX Gilt Index - Apr 2028 Fund Direct Growth
    --
    ₹ 12.15
    0.24%
    -%
    Moderate Risk
    ₹27.21Cr
    PGIM India Overnight Fund Direct Growth
    Low Risk--
    • NAV₹ 1,337.34
    • Fund Size₹74.19Cr
    Fund Return0.42%
    Category Return--
    PGIM India Large Cap Fund Direct Plan Growth
    Very High Risk
    • NAV₹ 408.22
    • Fund Size₹599.76Cr
    Fund Return3.39%
    Category Return3.37%
    PGIM India CRISIL IBX Gilt Index - Apr 2028 Fund Direct Growth
    Moderate Risk--
    • NAV₹ 12.15
    • Fund Size₹27.21Cr
    Fund Return0.24%
    Category Return--
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

    bt_logoDETAILED PORTFOLIO

    As on Jun, 2025
    EQUITY (-%)
    DEBT (-%)
    CASH (100.00%)
    Allocation by Market Cap

    No Data For Allocation

    Industry Holdings
    No Data For Allocation
    Stock Holdings
    No Data For Allocation

    bt_logoPERFORMANCE MEASURES

    Fund evaluation across critical parameters for better decision making. Study period is 3 years.
    • Consistency
      i
      It represents the consistency of a fund in beating its benchmark.
    • Downside Risk
      i
      Measured by Maximum Drawdown which shows the maximum loss from a peak to a nadir over a specified time period
      ----
    • Risk Adjusted Return
      i
      Risk adjusted return represents the return generated after factoring the risk taken to achieve it.
    • Volatility
      i
      Volatility represents the standard deviation of fund returns that is, how much the fund returns have deviated from the average.
    • Upside Capture Ratio
      i
      Fund performance relative to the index when the market is up. An upside capture ratio of >100 indicates better fund performance.
    • Downside Capture Ratio
      i
      Fund performance relative to the index when the market is down. A downside capture ratio of <100 indicates better fund performance.
      ----

    bt_logoHISTORICAL RISK MEASURES

    Statistical measures to evaluate mutual fund risk. All ratios are calculated for a three-year time duration.
    • Alpha: Excess return of the fund over benchmark
      i
      Any Alpha above zero is considered good. However, for comparison, a fund with a higher Alpha is considered better. Alpha is normally used in conjunction with Beta. If the Beta is high, it implies that the fund manager took a high risk to generate Alpha.
      -0.28
      This Fund
      VS
      --
      Category Avg
    • R-Squared: How well the fund tracks benchmark
      i
      R-Squared measures the correlation of fund returns and its benchmark returns. It varies between 0 and 1. The metric, Beta makes no sense if R-Squared is equal to zero. Thus, both Beta and R-Squared should be used in conjunction. A fund with a high R-Squared and low Beta is considered a less risky fund.
      1.42
      This Fund
      VS
      --
      Category Avg
    • Beta: Risk of the fund in relation to benchmark
      i
      Beta >1 indicates that the fund is more volatile than its benchmark while Beta < 1 indicates that the fund is less volatile than its benchmark. The Beta of the benchmark is equal to 1.
      0.03
      This Fund
      VS
      --
      Category Avg
    • Sharpe Ratio: Risk adjusted return of the fund
      i
      Sharpe Ratio is a measure of return per unit of risk. A higher Sharpe ratio indicates better risk adjusted return given by the fund.
      -14.20
      This Fund
      VS
      --
      Category Avg
    • Sortino Ratio: Return per unit of bad risk
      i
      A variation of Sharpe ratio, Sortino considers only the downside risk. Unlike Sharpe ratio which considers both good risk and bad risk, Sortino factors only the bad risk. A high Sortino ratio indicates better return for each unit of downside risk.
      -3.37
      This Fund
      VS
      --
      Category Avg
    • Standard Devation: Volatility of the fund
      i
      Standard deviation is a measure of dispersion of fund returns from its average return. A fund with a higher Standard deviation is more volatile than a fund with a low standard deviation.
      0.15
      This Fund
      VS
      --
      Category Avg
    Benchmark used in calculation : S&P BSE 500 India TR INR

    bt_logoPEER ANALYSIS

    1M
    3M
    6M
    1Y
    3Y
    5Y
    • card
    • table
    Fund NameMorningstar RatingNAV Fund Return Category ReturnRisk Fund Size
    JM Overnight Fund Direct GrowthJM Overnight Fund Direct Growth
    --
    ₹ 1,255.94
    0.52%
    --
    Low Risk
    ₹ 200.81 Cr
    Navi Overnight Fund Direct GrowthNavi Overnight Fund Direct Growth
    --
    ₹ 10.84
    0.45%
    --
    Low Risk
    ₹ 4.56 Cr
    Bank of India Overnight Fund Direct GrowthBank of India Overnight Fund Direct Growth
    --
    ₹ 1,315.40
    0.44%
    --
    Low Risk
    ₹ 72.02 Cr
    Axis Overnight Fund Direct GrowthAxis Overnight Fund Direct Growth
    --
    ₹ 1,371.64
    0.43%
    --
    Low Risk
    ₹ 8,725.89 Cr
    Tata Overnight Fund Direct GrowthTata Overnight Fund Direct Growth
    --
    ₹ 1,367.86
    0.43%
    --
    Low Risk
    ₹ 2,723.59 Cr
    Mirae Asset Overnight Fund Direct GrowthMirae Asset Overnight Fund Direct Growth
    --
    ₹ 1,329.06
    0.43%
    --
    Low Risk
    ₹ 1,009.74 Cr
    JM Overnight Fund Direct Growth
    Low Risk--
    • NAV₹ 1,255.94
    • Fund Size₹ 200.81 Cr
    Fund Return0.52%
    Category Return--
    Navi Overnight Fund Direct Growth
    Low Risk--
    • NAV₹ 10.84
    • Fund Size₹ 4.56 Cr
    Fund Return0.45%
    Category Return--
    Bank of India Overnight Fund Direct Growth
    Low Risk--
    • NAV₹ 1,315.40
    • Fund Size₹ 72.02 Cr
    Fund Return0.44%
    Category Return--
    Axis Overnight Fund Direct Growth
    Low Risk--
    • NAV₹ 1,371.64
    • Fund Size₹ 8,725.89 Cr
    Fund Return0.43%
    Category Return--
    Tata Overnight Fund Direct Growth
    Low Risk--
    • NAV₹ 1,367.86
    • Fund Size₹ 2,723.59 Cr
    Fund Return0.43%
    Category Return--
    Mirae Asset Overnight Fund Direct Growth
    Low Risk--
    • NAV₹ 1,329.06
    • Fund Size₹ 1,009.74 Cr
    Fund Return0.43%
    Category Return--
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

    bt_logoTOP FUNDS FROM THIS AMC

    1M
    3M
    6M
    1Y
    3Y
    5Y
    • card
    • table
    Fund NameMorningstar RatingNAV Fund Return Category Return Risk Fund Size (Cr)
    PGIM India Emerging Markets Equity Fund Direct Plan GrowthPGIM India Emerging Markets Equity Fund Direct Plan Growth
    --
    ₹ 18.93
    6.05%
    --
    Very High Risk
    ₹ 156.65 Cr
    PGIM India Small Cap Fund Direct GrowthPGIM India Small Cap Fund Direct Growth
    --
    ₹ 17.58
    5.90%
    3.87%
    Very High Risk
    ₹ 1,487.37 Cr
    PGIM India Global Equity Opportunities Fund Direct Plan GrowthPGIM India Global Equity Opportunities Fund Direct Plan Growth
    --
    ₹ 49.84
    4.16%
    --
    Very High Risk
    ₹ 1,384.16 Cr
    PGIM India Flexi Cap Fund Direct GrowthPGIM India Flexi Cap Fund Direct Growth
    ₹ 42.89
    4.10%
    3.41%
    Very High Risk
    ₹ 6,262.21 Cr
    PGIM India Midcap Opportunities Fund Direct GrowthPGIM India Midcap Opportunities Fund Direct Growth
    ₹ 75.92
    3.99%
    3.42%
    Very High Risk
    ₹ 11,051.86 Cr
    PGIM India ELSS Tax Saver Fund Dir GrPGIM India ELSS Tax Saver Fund Dir Gr
    ₹ 40.66
    3.91%
    3.20%
    Very High Risk
    ₹ 772.34 Cr
    PGIM India Emerging Markets Equity Fund Direct Plan Growth
    Very High Risk--
    • NAV₹ 18.93
    • Fund Size₹ 156.65 Cr
    1 Month Return6.05%
    Category Return--
    PGIM India Small Cap Fund Direct Growth
    Very High Risk--
    • NAV₹ 17.58
    • Fund Size₹ 1,487.37 Cr
    1 Month Return5.90%
    Category Return3.87%
    PGIM India Global Equity Opportunities Fund Direct Plan Growth
    Very High Risk--
    • NAV₹ 49.84
    • Fund Size₹ 1,384.16 Cr
    1 Month Return4.16%
    Category Return--
    PGIM India Flexi Cap Fund Direct Growth
    Very High Risk
    • NAV₹ 42.89
    • Fund Size₹ 6,262.21 Cr
    1 Month Return4.10%
    Category Return3.41%
    PGIM India Midcap Opportunities Fund Direct Growth
    Very High Risk
    • NAV₹ 75.92
    • Fund Size₹ 11,051.86 Cr
    1 Month Return3.99%
    Category Return3.42%
    PGIM India ELSS Tax Saver Fund Dir Gr
    Very High Risk
    • NAV₹ 40.66
    • Fund Size₹ 772.34 Cr
    1 Month Return3.91%
    Category Return3.20%
    Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

    bt_logoABOUT THE AMC

    company icon
    PGIM India Asset Management Private Limited
    PGIM India Asset Management Private Limited manages assets worth ₹ 25,855.59 crores. It’s current offering of mutual fund schemes includes 12 equity, 14 debt and 4 hybrid schemes.
    phone icon
    Phone
    +91 22 61593000
    mail icon
    Email
    care@pgimindia.co.in
    aum
    AUM
    ₹ 25,855.59 Cr (
    As on May 31, 2025
    )
    location
    Address
    Nirlon House, 2nd Floor, Mumbai,400 030

    bt_logoFAQ's

    What is the category of PGIM India Overnight Fund Direct Growth ?
    The category of PGIM India Overnight Fund Direct Growth is Money Market - Overnight
    What is the current NAV of PGIM India Overnight Fund Direct Growth ?
    The current NAV of PGIM India Overnight Fund Direct Growth as on Jul 06, 2025 is ₹1,337.34
    How safe is PGIM India Overnight Fund Direct Growth ?
    The risk level of PGIM India Overnight Fund Direct Growth is Low.
    What are short term returns given by PGIM India Overnight Fund Direct Growth ?
    The return given by PGIM India Overnight Fund Direct Growth in 1 month is 0.42%, 3 months is 1.39%, 6 months is 2.99%, and 1 year is 6.37%
    What are the long term returns given by PGIM India Overnight Fund Direct Growth ?
    The return given by PGIM India Overnight Fund Direct Growth in 3 years is 6.44% and 5 years is 5.19%.
    What is the expense ratio of PGIM India Overnight Fund Direct Growth ?
    The expense ratio of PGIM India Overnight Fund Direct Growth is 0.11%
    What is the AUM of PGIM India Overnight Fund Direct Growth ?
    The assets under Management (AUM) of PGIM India Overnight Fund Direct Growth is Rs 74.19 crores.
    What is the minimum investment in PGIM India Overnight Fund Direct Growth ?
    The minimum Lumpsum investment in PGIM India Overnight Fund Direct Growth is ₹5,000.00 and the minimum SIP investment in PGIM India Overnight Fund Direct Growth is ₹1,000.00
    What is the asset allocation of PGIM India Overnight Fund Direct Growth?
    PGIM India Overnight Fund Direct Growth has an exposure of 100.00% in Cash & Money Market Securities

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