UTI Overnight Fund Direct-Growth

Q: What are the returns of UTI Overnight Fund?

The UTI Overnight Fund is a 12 yrs 3 m old fund and has delivered average annual returns of 6.28% since inception. UTI Overnight Fund Returns 1-Year 3-Year 5-Year 10-Year Since Inception 6.58% 6.35% 5.07% 5.79% 6.28%

NAV as of Apr 23, 2025	Returns since inception	ET Money Rank	VRO Ratings
₹3508.2209+0.02% 1 day change	6.28% p.a.	#NA View Ranked Funds	3

Historical NAV & returns

NAV: ₹3508.2209 as on Apr 23, 2025

This fund Category average

UTI Overnight Fund overview

VRO rating	3
Expense ratio	0.06% as on Mar 31, 2025
Exit load	0%
AUM (Fund size)	₹3,039 Crs
Lock-in	No Lockin
Age	12 yrs 3 m since Jan 01, 2013
Benchmark	CRISIL Liquid Overnight Index
Min. investment	SIP ₹500 & Lump. ₹1000
Risk	Low
Tax on your gains	Profits are added to your income and taxed as per your slab rate

UTI 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 Apr 24, 2025

Period	This fund	Category average
1 month	0.51%	0.5%
3 months	1.53%	1.52%
6 months	3.2%	3.19%
1 year	6.58%	6.57%
3 years	6.35%	6.34%
5 years	5.07%	5.07%
7 years	5.24%	5.22%
10 years	5.79%	5.66%

Asset allocationas on Mar 31, 2025

Large Cap 0.0%

Mid Cap 0.0%

Small Cap 0.0%

Other Cap 0.0%

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 91.13806581%

SOV 8.86160506%

Top Debt Holdings

Reserve Bank of India 8.86%

Others 0.38%

Allocation by Instruments

Net Current Assets 90.75828293%

Treasury Bills 8.86160506%

CBLO 0.37978288%

Other Holdings

Others 90.76%

Peer comparison

Fund name	ETM Rank	AUM (in Crs.)	Fund age	Expense ratio
UTI Overnight Fund	N.A.	₹3,039 Crs	12 yrs 3 m	0.06%
Mirae Asset Overnight Fund	N.A.	₹391 Crs	5 yrs 6 m	0.07%
HSBC Overnight Fund	N.A.	₹2,086 Crs	5 yrs 11 m	0.06%
PGIM India Overnight Fund	N.A.	₹29 Crs	5 yrs 8 m	0.1%
Edelweiss Overnight Fund	N.A.	₹566 Crs	5 yrs 9 m	0.11%
Bank of India Overnight Fund	N.A.	₹41 Crs	5 yrs 2 m	0.09%

Fund name	1M	6M	1Y	3Y	5Y	10Y
UTI Overnight Fund	0.51%	3.2%	6.58%	6.35%	5.07%	5.79%
Mirae Asset Overnight Fund	0.5%	3.2%	6.59%	6.37%	5.11%	2.77%
HSBC Overnight Fund	0.5%	3.2%	6.59%	6.36%	5.1%	2.98%
PGIM India Overnight Fund	0.51%	3.2%	6.6%	6.34%	5.09%	2.83%
Edelweiss Overnight Fund	0.5%	3.17%	6.5%	6.29%	5.04%	2.86%
Bank of India Overnight Fund	0.51%	3.24%	6.67%	6.43%	5.17%	2.66%

Fund name	Std. deviation	Beta	Sharpe	Sortino
UTI Overnight Fund	0.23	0.45	-0.13	-0.13
Mirae Asset Overnight Fund	0.24	0.45	-0.04	-0.04
HSBC Overnight Fund	0.24	0.46	-0.11	-0.11
PGIM India Overnight Fund	0.23	0.46	-0.17	-0.16
Edelweiss Overnight Fund	0.24	0.46	-0.37	-0.35
Bank of India Overnight Fund	0.23	0.45	0.2	0.21

View all Overnight funds

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

Alpha	0.91 vs. 1.53 Underperformed at beating benchmark
Sharpe	-0.13 vs. 1.42 Poor risk-adjusted returns
Beta	0.45 vs. 0.09 More sensitive to market's ups & downs
Standard deviation	0.23 vs. 0.15 More volatile performance

Compare UTI Overnight Fund in detail with

About this fund

About UTI Overnight Fund

UTI Overnight Fund Direct-Growth is a Overnight mutual fund scheme from Uti Mutual Fund. This fund has been in existence for 12 yrs 3 m, having been launched on 01/01/2013. UTI Overnight Fund Direct-Growth has ₹3,039 Crores worth of assets under management (AUM) as on 31/03/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of UTI Overnight Fund Direct-Growth as of 23/04/2025 is ₹3508.22. The fund has an expense ratio of 0.06%, which is close to what most other Overnight funds charge.

UTI Overnight Fund Direct-Growth returns of last 1-year are 6.60%. Since launch, it has delivered 6.28% average annual returns. The fund has doubled the money invested in it every 12 yrs.
UTI Overnight Fund Direct-Growth 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	₹3,039 Crs as on Mar 31, 2025
Scheme document	View Scheme Document

Fund managers

Jaydeep Bhowal

He has done B.Com, CA from ICAI and PGDFM from Welingkar Institute of Management, Mumbai He began his career with UTI Mutual Fund in November 2009. He has more than 10 years of experience and had been involved in various roles at UTI. Presently he is working as Dealer in Department of Fund Management - Fixed Income. Prior to joining the AMC he was associated with SJ & A.

Investment objective

The scheme seeks to generate reasonable income, with low risk and high level of liquidity from a portfolio of overnight securities having a maturity of one day.

UTI Mutual Fund details

No. of schemes	62 view all schemes
Total AUM	₹3,39,983 Crs as on Mar 31, 2025
Address	UTI Tower, Plot C-1, GN Block, Banrda Kurla Complex, Bandra (East) Mumbai, 400051
Phone	0263 2296993

More funds from UTI Mutual Fund

Fund name	ETM Rank	AUM (in Crs.)	1Y	3Y
UTI Dynamic Bond Fund	N.A.	₹447 Crs	11.44%	10.71%
UTI Medium to Long Duration Fund	N.A.	₹320 Crs	11.43%	10.5%
UTI Banking & PSU Fund	N.A.	₹785 Crs	9.09%	9.45%
UTI Gilt Fund with 10 year Constant Duration	N.A.	₹169 Crs	12.64%	N.A.
UTI Gilt Fund	N.A.	₹733 Crs	11.97%	8.26%
UTI Short Duration Fund	N.A.	₹2,566 Crs	9.42%	7.65%

See all Debt funds from this AMC

Frequently asked questions

What is the current NAV of UTI Overnight Fund?

The current Net Asset Value (NAV) of the UTI Overnight Fund - Direct Growth plan is approximately ₹3508.2209 as of Apr 23, 2025.

What are the returns of this mutual fund scheme?

The UTI Overnight Fund is a 12 yrs 3 m old fund and has delivered average annual returns of 6.28% since inception.

UTI Overnight Fund Returns

1-Year	3-Year	5-Year	10-Year	Since Inception
6.58%	6.35%	5.07%	5.79%	6.28%

How much does this mutual fund charge as expense ratio?

The UTI Overnight Fund - Direct Growth has an expense ratio of 0.06%, which reflects the fund's management and operating costs. This percentage is subtracted from the fund's annual returns, impacting net returns for investors.

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

The UTI Overnight Fund currently has assets under management (AUM) or fund size valued at approximately ₹3,039 Crs crore as of Mar 31, 2025.

To whom does UTI Overnight Fund lend to?

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

Holding Name	Percentage of Portfolio
Reserve Bank of India	8.86%
Others	0.38%

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 UTI Overnight Fund allocation by credit quality is given below

Credit Quality	Percentage of Portfolio
Cash & Call Money	91.13806581%
SOV	8.86160506%

What is risk level of UTI 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 do I invest in UTI Overnight Fund?

It is very fast, easy, and completely paperless in this mutual fund scheme on ET Money. It is just a matter of a few minutes. Here's how:

For the Desktop Version:

Click on the "Invest Now" button at the top right, then scan the QR code to download the app.

For the Mobile Version:

Click on the "Invest on App" button at the bottom to download the app.
Once the app is downloaded:
Sign-up and complete your one time KYC process, or log in if you're already registered.
Search for UTI Overnight Fund and choose the investment mode (Lump sum investment or a SIP). Then, enter your investment amount.
Fill in additional required details, including the bank account you'll use for payment, and confirm.

All set! Your investment in UTI Overnight Fund is complete.

How can I redeem my investments in UTI Overnight Fund?

Redeeming your investments in UTI Overnight Fund is super easy. If you have invested in this fund via ET Money, just login into the app, go to the investment section and put the redemption request.

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

ET Money rank

in Overnight

#NA

Return Outperformance: This fund has generated highest return amongst Overnight funds in the last 5 Years.
Age: This is the 2nd oldest Overnight fund.
Exit Load: This fund has no exit load.
Return/Risk: The fund is performing poorly than its category.