DSP Overnight Fund

Q: What are the returns of this mutual fund scheme?

The DSP Overnight Fund is a 6 yrs 9 m old fund and has delivered average annual returns of 5.1% since inception. DSP Overnight Fund Returns 1-Year 3-Year 5-Year Since Inception 5.9% 6.36% 5.24% 5.1%

Q: How much does this mutual fund charge as expense ratio?

The DSP Overnight Fund has an expense ratio of 0.15% , representing the annual cost of managing and operating the fund. This fee is deducted from the fund's AUM while declaring the daily NAV, reducing investor returns.

NAV as of Oct 22, 2025	Returns since inception	ET Money Rank	AUM (Fund size)
₹1402.6439+0.01% 1 day change	5.1% p.a.	App exclusive #NA View Ranked Funds	₹2,175 Cr

Historical NAV & returns

NAV: ₹1402.6439 as on Oct 22, 2025

This fund Category average

DSP Overnight Fund overview

AUM (Fund size)	₹2,175 Cr
Exit load	0%
Lock-in Period	Nil
Age	6 yrs 9 m since Jan 07, 2019
Benchmark	CRISIL Liquid Overnight Index
Min. investment	SIP: ₹500 & Lumpsum: ₹5000
Expense ratio	0.15% as on Sep 30, 2025
Plan type	Regular
Risk	Low
Tax on your gains	Profits are added to your income and taxed as per your slab rate

DSP Overnight Fund Returns calculator

Investment type

Monthly investment

₹ 10,000

Investment period

Lumpsum investment

₹1 lakh

Investment period

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.

Total investment ₹ 12 lakh
Profit ₹12 lakhs
Total corpus ₹1 lakh
Absolute return 52.69%

Trailing returns as on Oct 26, 2025

Period	This fund	Category average
1 Month	0.39%	0.39%
3 Months	1.29%	1.29%
6 Months	2.66%	2.66%
1 Year	5.9%	5.9%
2 Years	6.3%	6.29%
3 Years	6.36%	6.34%
4 Years	5.8%	5.79%
5 Years	5.24%	5.23%

Asset allocationas on Sep 30, 2025

Large Cap 0%

Mid Cap 0%

Small Cap 0%

Other Cap 0%

Top holdings

Bifurcation by Holding is not available for this fund

Top sectors

Bifurcation by Sector is not available for this fund

Cash & Call Money 94.25%

SOV 5.75%

Top Debt Holdings

Reserve Bank of India 5.75%

Allocation by Instruments

Reverse Repo 93.89%

Treasury Bills 5.75%

Net Receivables 0.36%

Other Holdings

Others 93.89%

Detailed portfolio analysis

Peer comparison

Fund name	1M	6M	1Y	3Y	5Y	10Y
DSP Overnight Fund	0.39%	2.66%	5.9%	6.36%	5.24%	N.A.
Mirae Asset Overnight Fund	0.4%	2.67%	5.92%	6.37%	5.26%	2.99%
PGIM India Overnight Fund	0.39%	2.65%	5.92%	6.35%	5.26%	3.06%
Edelweiss Overnight Fund	0.4%	2.65%	5.88%	6.33%	5.22%	3.1%
UTI Overnight Fund	0.4%	2.68%	5.95%	6.38%	5.26%	5.56%
SBI Overnight Fund	0.39%	2.66%	5.9%	6.32%	5.21%	5.44%

Fund name	Std. deviation	Beta	Sharpe	Sortino
DSP Overnight Fund	0.14	0.1	-0.68	-0.93
Mirae Asset Overnight Fund	0.13	0.1	-0.69	-0.93
PGIM India Overnight Fund	0.14	0.12	-0.76	-0.98
Edelweiss Overnight Fund	0.13	0.1	-0.97	-1.26
UTI Overnight Fund	0.13	0.1	-0.58	-0.74
SBI Overnight Fund	0.13	0.1	-1.06	-1.39

Fund name	ETM Rank	AUM	Fund age	Expense ratio
DSP Overnight Fund	N.A.	2,175 Cr	6 yrs 9 m	0.15%
Mirae Asset Overnight Fund	N.A.	1,433 Cr	6 yrs	0.15%
PGIM India Overnight Fund	N.A.	114 Cr	6 yrs 2 m	0.17%
Edelweiss Overnight Fund	N.A.	220 Cr	6 yrs 3 m	0.16%
UTI Overnight Fund	N.A.	6,559 Cr	21 yrs 11 m	0.11%
SBI Overnight Fund	N.A.	27,820 Cr	23 yrs 1 m	0.14%

View all Overnight funds

Key risk & return ratios Compared to other funds in the category

Alpha	0.09 vs. 1.18 Underperformed at beating benchmark
Sharpe	-0.68 vs. 1.45 Poor risk-adjusted returns
Beta	0.1 vs. -0.42 More sensitive to market's ups & downs
Standard deviation	0.14 vs. 0.09 More volatile performance

Compare DSP Overnight Fund in detail with

About this fund

About DSP Overnight Fund

DSP Overnight Fund is a Overnight mutual fund scheme from Dsp Mutual Fund. This fund has been in existence for 6 yrs 9 m, having been launched on 07/01/2019. DSP Overnight Fund has ₹2,175 Crores worth of assets under management (AUM) as on 30/09/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of DSP Overnight Fund as of 22/10/2025 is ₹1402.64. The fund has an expense ratio of 0.15%, which is close to what most other Overnight funds charge.

DSP Overnight Fund returns of last 1-year are 5.98%. Since launch, it has delivered 5.11% average annual returns.
DSP Overnight Fund scheme's ability to deliver returns consistently is in-line with most funds of its category. Its ability to control losses in a falling market is above average.
The fund's credit profile is very low indicating it has lent to borrowers whose quality is poor. Most funds in this category lend to similar borrowers and hence the risk of default in this fund is same as the category.
The fund's top holdings are in Reserve Bank of India.

...

Fund AUM	2,175 Cr as on Sep 30, 2025
Scheme document	View Scheme Document

Fund managers

Shalini Vasanta

Mr. Vasanta has done BA and MBA (Finance) Prior to joining DSP Mutual Fund, he has worked with ICRA as Senior Analyst

Karan Mundhra

Mr. Mundra is a B. COM. and Charted Accountant (CA) He is working with DSP Mutual Fund since april 2012, he has Over 9 years of experience.

Investment objective

The scheme seeks 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.

DSP Mutual Fund details

No. of schemes	54 view all schemes
Total AUM	2,12,960 Cr as on Sep 30, 2025
Address	NATRAJ, Office No. 302-3rd Floor-Plot No. 194, MV Road Junction Western Express Highway, Andheri East Mumbai, 400069
Phone	1800-208-4499 / 1800-200-4499

More funds from DSP Mutual Fund

Fund name	ETM Rank	AUM	1Y	3Y
DSP Credit Risk Fund	N.A.	208 Cr	21.59%	14.85%
DSP Income Plus Arbitrage Omni FoF	N.A.	1,689 Cr	6.64%	10.97%
DSP Floater Fund	N.A.	521 Cr	7.99%	8.29%
DSP 10Y G-Sec Fund	N.A.	56 Cr	7.39%	8.1%
DSP Nifty SDL Plus G-Sec Jun 2028 30:70 Index Fund	N.A.	2,061 Cr	8.25%	8.06%
DSP Bond Fund	N.A.	317 Cr	8.28%	7.83%

See all Debt funds from this AMC

Frequently asked questions

What is the current NAV of DSP Overnight Fund?

The current Net Asset Value (NAV) of the DSP Overnight Fund plan is approximately ₹1402.6439 as of Oct 22, 2025.

What are the returns of this mutual fund scheme?

The DSP Overnight Fund is a 6 yrs 9 m old fund and has delivered average annual returns of 5.1% since inception.

DSP Overnight Fund Returns

1-Year	3-Year	5-Year	Since Inception
5.9%	6.36%	5.24%	5.1%

How much does this mutual fund charge as expense ratio?

The DSP Overnight Fund has an expense ratio of 0.15%, representing the annual cost of managing and operating the fund. This fee is deducted from the fund's AUM while declaring the daily NAV, reducing investor returns.

What is the AUM or fund size of this mutual fund?

The DSP Overnight Fund currently has assets under management (AUM) or fund size valued at approximately 2,175 Cr as on Sep 30, 2025.

To whom does DSP Overnight Fund lend to?

The top 3 debt holdings of DSP Overnight Fund are as follows

Holding Name	Percentage of Portfolio
Reserve Bank of India	5.75%

What is the quality of borrowers this mutual fund scheme lends to?

The credit rating of the instruments in which the fund invests represents the quality of the borrower.

The DSP Overnight Fund allocation by credit quality is given below

Credit Quality	Percentage of Portfolio
Cash & Call Money	94.25%
SOV	5.75%

What is risk level of DSP Overnight Fund?

This is a Overnight fund comes with Low risk.

Is there any lock-in period in this mutual fund?

No, this fund does not have any lock-in period.

How can I redeem my investments in DSP Overnight Fund?

Redeeming your investments in the DSP Overnight Fund is simple. If you have invested via ET Money, just log in to the app, go to the holdings section, and submit the redemption request.

If you have invested from anywhere else, you can go to the fund house website and put a request through it.

ET Money rank

App exclusive

in Overnight

#NA

Return Consistency: This fund is one of the best in generating consistent return in it's category.
Return Outperformance: This fund has generated highest return amongst Overnight funds in the last 5 Years.
Exit Load: This fund has no exit load.
Volatility Protection: This fund ranks lower in terms of protecting against volatility within its category.
Return/Risk: The fund is performing poorly than its category.