GMP IPO Watch
PGIM India Overnight Fund
Direct Plan · Direct Growth · PGIM India Mutual Fund
Returns
Annualised (CAGR) returns for periods over a year.
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Rank in Category
| Period | This Fund | Category Avg. | Rank |
|---|---|---|---|
| 1W | +0.11% | +0.09% | 21 of 40 |
| 1M | +0.46% | +0.40% | 29 of 40 |
| 3M | +1.27% | +1.12% | 30 of 38 |
| 6M | +2.56% | +2.09% | 26 of 36 |
| YTD | +4.26% | +3.34% | 26 of 40 |
| 1Y | +5.14% | +4.33% | 25 of 36 |
| 2Y | +5.56% | +4.64% | 20 of 33 |
| 3Y | +5.95% | +5.00% | 18 of 33 |
| 5Y | +5.74% | +4.98% | 13 of 27 |
| 7Y | +5.10% | +4.48% | 10 of 24 |
| INCEPTION | +5.11% | — | — |
Ranked among: Debt Scheme - Overnight Fund.
Rolling Returns
| Period | Average | Best | Worst | Positive Periods | Consistency |
|---|---|---|---|---|---|
| 3M | +1.25% | +1.70% | +0.75% | 100% | 40% |
| 6M | +2.52% | +3.40% | +1.52% | 100% | 41% |
| 1Y | +5.14% | +6.81% | +3.12% | 100% | 42% |
| 2Y | +5.28% | +6.72% | +3.23% | 100% | 42% |
| 3Y | +5.40% | +6.45% | +3.75% | 100% | 42% |
| 5Y | +5.29% | +5.74% | +4.87% | 100% | 42% |
| 7Y | +5.10% | +5.11% | +5.10% | 100% | 42% |
Rolling returns show the average, best and worst outcome an investor would have seen entering at any point in the window.
NAV History
AUM Trend (₹ Cr, quarterly average)
Expense Ratio Trend
Portfolio · Sep 2026
Asset Allocation
- Equity0.00%
- Debt3.65%
- Cash96.35%
- Other0.00%
Market Cap Split
- Large Cap0.00%
- Mid Cap0.00%
- Small Cap0.00%
- Others100.00%
Holdings · Sep 2026
| Holding | Sector | Weight | Change (1M) |
|---|---|---|---|
| Clearing Corporation of India Ltd. | Net Current Assets | 96.22% | — |
| 91 DAYS TBILL RED 01-10-2026 | Money Market | 2.09% | — |
| 182T221026 | Money Market | 1.56% | — |
| Net Receivables / (Payables) | Net Current Assets | 0.13% | — |
Risk Metrics
Standard Deviation
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | 0.03 | 0.23 | Low Volatility |
| 3Y | 0.04 | 0.20 | Low Volatility |
| 5Y | 0.05 | 0.37 | Low Volatility |
What is this?
Annualized population standard deviation of daily denomination-adjusted NAV returns, multiplied by sqrt(252). Values require a full timeframe of NAV history.
Sharpe Ratio
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | -6.34 | -15.71 | Above Average |
| 3Y | 1.03 | -5.07 | Above Average |
| 5Y | 0.01 | -3.25 | Above Average |
What is this?
Annualized Sharpe ratio calculated from month-end NAV returns using the latest available FBIL Overnight MIBOR rate as the risk-free rate. For schemes with less than three years of history, the 3Y value uses since-inception data. Applied risk-free rate: 5.73% (published 2026-10-28).
Beta
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | 0.73 | — | Poor Risk Adjusted Returns |
| 3Y | 0.72 | — | Poor Risk Adjusted Returns |
| 5Y | 0.81 | — | Poor Risk Adjusted Returns |
What is this?
This value gives idea about how volatile fund performance has been compared to similar funds in the market. Lower beta implies the fund gives more predictable performance compared to similar funds in the market.
Compare With Peers
| Scheme | 1Y | 3Y | 5Y | Since Inception |
|---|---|---|---|---|
|
BANK OF INDIA OVERNIGHT FUND
Regular Plan · Growth
|
+5.47% | +6.13% | +5.87% | +5.19% |
|
Axis Overnight Fund
Direct Plan · Growth Option
|
+5.30% | +6.04% | +5.81% | +5.17% |
|
Kotak Overnight Fund
Direct Plan · Growth
|
+5.28% | +6.02% | +5.78% | +5.17% |
|
Nippon India Overnight Fund
Direct Plan · Growth Option
|
+5.28% | +6.03% | +5.80% | +5.21% |
|
JioBlackRock Overnight Fund
Direct Plan · Growth Option
|
+5.28% | — | — | +5.33% |
|
Canara Robeco Overnight Fund
Direct Plan · GROWTH OPTION
|
+5.27% | +5.95% | +5.72% | +5.07% |
|
Mirae Asset Overnight Fund
Direct Plan · Growth
|
+5.27% | +6.02% | +5.79% | +5.14% |
|
HSBC Overnight Fund
Direct Plan · Growth
|
+5.27% | +6.01% | +5.79% | +5.14% |
|
Mahindra Manulife Overnight Fund
Direct Plan · Daily IDCW
|
+5.25% | +6.00% | +7.29% | +5.14% |
|
360 ONE Overnight Fund
Regular Plan · GROWTH Option
|
+5.23% | — | — | +5.29% |
More From PGIM India Asset Management Private Limite
| Scheme | 1Y | 3Y | 5Y | Since Inception |
|---|---|---|---|---|
|
PGIM India Healthcare Fund
Direct Plan · Direct Growth
|
+20.03% | — | — | +11.89% |
|
PGIM India Global Select Real Estate Securities Fund of Fund
Direct Plan · Direct Growth
|
+13.32% | +14.96% | — | +4.97% |
|
PGIM India Small Cap Fund
Direct Plan · Direct Growth
|
+9.52% | +15.36% | +11.72% | +13.35% |
|
PGIM India Arbitrage Fund
Direct plan · Growth
|
+6.56% | +7.03% | +6.51% | +6.11% |
|
PGIM India Liquid Fund
Direct Plan · Direct Growth
|
+6.53% | +6.94% | +6.46% | +6.26% |
|
PGIM India Money Market Fund
Direct Plan · Direct Growth
|
+6.20% | +7.11% | +6.66% | +6.12% |
|
PGIM India Ultra Short Term Fund
Direct Plan · Direct Growth
|
+6.16% | +7.00% | +6.52% | +7.30% |
|
PGIM India Multi Cap Fund
Direct Plan · Direct IDCW
|
+6.04% | — | — | +3.63% |
|
PGIM India CRISIL IBX Gilt Index - Apr 2028 Fund
Direct Plan · Direct Growth
|
+4.44% | +7.10% | — | +7.24% |
|
PGIM India Emerging Markets Equity Fund of Fund
Direct Plan · Direct Growth
|
+3.76% | +19.57% | +0.81% | +6.04% |
About This Scheme
Investment Objective
The Scheme aims 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. However, there is no assurance that the investment objective of the Scheme will be achieved. The Scheme does not guarantee/indicate any returns.
Stated Asset Allocation
Treasury bills, government securities, (Tri Party Repo), Debt (Only PSU, PFI and other quasi government bodies) and money market instruments* with maturity on or before the next business day. - Min 0% and Max 100%
Exit Load
NIL
Fund Managers
Mr. Sandeep Devan and Mr. Puneet Pal
Description - Asset classwise we have different Fund Manager. Sandeep Devan is a Primary Fund Manager for Debt and Puneet Pal is a Comanage Fund Manager for Debt.
Mutual fund investments are subject to market risks. Read all scheme related documents carefully. Past performance is not indicative of future returns. Data is sourced from AMFI and fund houses via FinAPI and may lag official figures.