Overnight funds are those mutual fund schemes under which the investment is made in those overnight securities that have maturity period of one day. These are basically open-ended debt schemes which are suitable for conservative investors who are willing to earn regular income through investment in debt and money market instruments. Overnight funds in India are best for those investors who are looking for liquidity and cannot leave their money locked in for longer time.
ABSL Tax Relief 96 Fund is ranked as best tax saver fund generting 24.15% Returns in past 5 years.
Save up to Rs.46,350 + FREE Insurance worth 26 Lac INVEST NOW| Fund Name | Latest NAV (₹) | Return (%) | Double Money In | 1 Lac Grew To (₹) | |
|---|---|---|---|---|---|
|
SBI Overnight Fund (G)
Moderate risk | Overnight
|
3032.43 | 6.23 | 10Y 3M | 1.20 L | Invest |
|
UTI Overnight Fund (G)
Moderate Low risk | Overnight
|
2550.02 | 6.58 | 9Y 11M | 1.21 L | Invest |
|
HDFC Overnight Fund (G)
Moderate risk | Overnight
|
2780.66 | 6.13 | 10Y 8M | 1.20 L | Invest |
|
L&T Cash Fund (G)
High risk | Overnight
|
1407.51 | 5.78 | -17Y 12M | 1.18 L | Invest |
|
Aditya Birla Sun Life Overnight Fund - Regular Plan (G)
Moderately High risk | Overnight
|
1014.27 | -- | -- | -- | Invest |
|
ICICI Prudential Overnight Fund (G)
Low risk | Overnight
|
101.2 | -- | - | -- | Invest |
|
Reliance Overnight Fund (G)
Moderately High risk | Overnight
|
100.64 | -- | - | -- | Invest |
|
DSP Overnight Fund Regular (G)
Low risk | Overnight
|
1002.61 | -- | - | -- | Invest |
|
Kotak Overnight Fund (G)
Average risk | Overnight
|
10 | -- | -- | -- | Invest |
-min.jpg)