PGIM India Overnight Fund

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

The PGIM India Overnight Fund is a 6 yrs 2 m old fund and has delivered average annual returns of 5.02% since inception. PGIM India Overnight Fund Returns 1-Year 3-Year 5-Year Since Inception 5.92% 6.35% 5.26% 5.02%

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

The PGIM India Overnight Fund has an expense ratio of 0.17% , 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 21, 2025	Returns since inception	ET Money Rank	AUM (Fund size)
₹1352.2706+0.01% 1 day change	5.02% p.a.	App exclusive #NA View Ranked Funds	₹114 Cr

Historical NAV & returns

NAV: ₹1352.2706 as on Oct 21, 2025

This fund Category average

PGIM India Overnight Fund overview

AUM (Fund size)	₹114 Cr
Exit load	0%
Lock-in Period	Nil
Age	6 yrs 2 m since Aug 12, 2019
Benchmark	NIFTY 1D Rate Index
Min. investment	SIP: ₹1000 & Lumpsum: ₹5000
Expense ratio	0.17% 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

PGIM India 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 25, 2025

Period	This fund	Category average
1 Month	0.39%	0.39%
3 Months	1.29%	1.29%
6 Months	2.65%	2.66%
1 Year	5.92%	5.9%
2 Years	6.31%	6.29%
3 Years	6.35%	6.34%
4 Years	5.8%	5.79%
5 Years	5.26%	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 96.05999999%

SOV 3.94%

Top Debt Holdings

Others 95.93%

Reserve Bank of India 3.94%

Allocation by Instruments

CBLO 95.93%

Treasury Bills 3.94%

Net Receivables 0.12999999%

Other Holdings

Others 0.13%

Detailed portfolio analysis

Peer comparison

Fund name	1M	6M	1Y	3Y	5Y	10Y
PGIM India Overnight Fund	0.39%	2.65%	5.92%	6.35%	5.26%	N.A.
Mirae Asset Overnight Fund	0.4%	2.67%	5.92%	6.37%	5.26%	2.99%
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
PGIM India Overnight Fund	0.14	0.12	-0.76	-0.98
Mirae Asset Overnight Fund	0.13	0.1	-0.69	-0.93
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
PGIM India Overnight Fund	N.A.	114 Cr	6 yrs 2 m	0.17%
Mirae Asset Overnight Fund	N.A.	1,433 Cr	6 yrs	0.15%
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	0.11 vs. 1.18 Underperformed at beating benchmark
Sharpe	-0.76 vs. 1.45 Poor risk-adjusted returns
Beta	0.12 vs. -0.42 More sensitive to market's ups & downs
Standard deviation	0.14 vs. 0.09 More volatile performance

Compare PGIM India Overnight Fund in detail with

About this fund

About PGIM India Overnight Fund

PGIM India Overnight Fund is a Overnight mutual fund scheme from Pgim India Mutual Fund. This fund has been in existence for 6 yrs 2 m, having been launched on 12/08/2019. PGIM India Overnight Fund has ₹114 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 PGIM India Overnight Fund as of 21/10/2025 is ₹1352.27. The fund has an expense ratio of 0.17%, which is close to what most other Overnight funds charge.

PGIM India Overnight Fund returns of last 1-year are 5.99%. Since launch, it has delivered 5.02% average annual returns.
PGIM India 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 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 better borrowers and hence the risk of default in this fund is higher than the category.
The fund's top holdings are in Reserve Bank of India.

...

Fund AUM	114 Cr as on Sep 30, 2025
Scheme document	View Scheme Document

Fund managers

Puneet Pal

Mr. Pal is a B.Com (H) and MBA from SIBM Pune. Prior to joining PGIM India Mutual Fund, he has worked with BNP Paribas AMC as Head Fixed Income, UTI AMC as Sr. Vice President & Fund Manager & TATA AMC as Fund Manager.

Bhupesh Kalyani

Mr. Kalyani is a CA, ICWA and CISA. Prior to joining PGIM India Mutual Fund, he was associated with IDBI AMC, LIC Mutual Fund, Edelweiss Mutual Fund, Tata Mutual Fund and Star Union Dai-ichi life Insurance C.o. Ltd.

Investment objective

The Scheme seeks 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 Mutual Fund details

No. of schemes	24 view all schemes
Total AUM	26,927 Cr as on Sep 30, 2025
Address	7th Floor, Radhe Empire, Chandavarkar Road Borivali (W), Mumbai Mumbai, 400092
Phone	+91 22 6159 5441 / 42 , 1800 209 7446

More funds from PGIM India Mutual Fund

Fund name	ETM Rank	AUM	1Y	3Y
PGIM India Corporate Bond Fund	N.A.	88 Cr	7.88%	7.28%
PGIM India Money Market Fund	N.A.	158 Cr	7.24%	7.19%
PGIM India CRISIL IBX Gilt Index - Apr 2028 Fund	N.A.	26 Cr	8.16%	N.A.
PGIM India Gilt Fund	N.A.	106 Cr	5.52%	7.02%
PGIM India Dynamic Bond Fund	N.A.	104 Cr	6.22%	7.0%
PGIM India Liquid Fund	N.A.	475 Cr	6.69%	6.98%

See all Debt funds from this AMC

Frequently asked questions

What is the current NAV of PGIM India Overnight Fund?

The current Net Asset Value (NAV) of the PGIM India Overnight Fund plan is approximately ₹1352.2706 as of Oct 21, 2025.

What are the returns of this mutual fund scheme?

The PGIM India Overnight Fund is a 6 yrs 2 m old fund and has delivered average annual returns of 5.02% since inception.

PGIM India Overnight Fund Returns

1-Year	3-Year	5-Year	Since Inception
5.92%	6.35%	5.26%	5.02%

How much does this mutual fund charge as expense ratio?

The PGIM India Overnight Fund has an expense ratio of 0.17%, 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 PGIM India Overnight Fund currently has assets under management (AUM) or fund size valued at approximately 114 Cr as on Sep 30, 2025.

To whom does PGIM India Overnight Fund lend to?

The top 3 debt holdings of PGIM India Overnight Fund are as follows

Holding Name	Percentage of Portfolio
Others	95.93%
Reserve Bank of India	3.94%

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 PGIM India Overnight Fund allocation by credit quality is given below

Credit Quality	Percentage of Portfolio
Cash & Call Money	96.05999999%
SOV	3.94%

What is risk level of PGIM India 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 PGIM India Overnight Fund?

Redeeming your investments in the PGIM India 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.
Volatility Protection: This fund is one of the best in protecting against volatility 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.
Return/Risk: The fund is performing poorly than its category.