HDFC Overnight Fund - Growth Option

HDFC Overnight Fund - Growth Option is a scheme launched by HDFC Mutual Fund on February 06, 2002, and falls under the Overnight fund category. It currently manages an AUM of Rs 11,351.91 crore. The fund permits investments with a minimum SIP of Rs 1000 and a lump sum of Rs 100. It charges an expense ratio of 0.19% for managing the portfolio.

• Investing Strategy:

  To generate returns by investing in debt and money market instruments with overnight maturity. There is no assurance that the investment objective of the Scheme will be realized.

• Performance:

  HDFC Overnight Fund - Growth Option trailing returns over different times are 6.02% (1 year), 6.32% (3 year) and 5.13% (5 year). The average annual return of this fund stands at 4.07%.