Income-oriented debt or money-market exposure
To generate returns by investing in debt and money market instruments with overnight maturity. There is no assurance that the investment objective of the Scheme will be achieved.
Investors matching the scheme's duration and credit profile to their time horizon.
Interest-rate, credit, liquidity and reinvestment risk; debt funds are not fixed deposits.
How the money may be invested
Debt and Money Market instruments# (including MIBOR linked instruments with daily put and call option#) : Upto 100% #maturing on or before next Business Day. For detailed asset allocation, refer Scheme Information Document (SID) available on the website.
- SEBI category
- Overnight Fund
- Fund type
- An open ended debt scheme investing in overnight securities.A scheme with Relatively Low Interest Rate Risk and Relatively Low Credit Risk.
- Primary benchmark
- CRISIL Liquid Overnight Index
Use the latest monthly portfolio
Top holdings are the largest securities currently owned by the scheme. Names and weights can change every month, so a copied list can become misleading. Open the AMC's current official portfolio or factsheet below and look for this exact fund name.
Manager and scheme tenure
- Fund manager(s)
- Mr. Swapnil Jangam · Mr. Rohan Pillai
- Manager tenure on this scheme
- Mr. Swapnil Jangam — since Managing March 01, 2025 · Mr. Rohan Pillai — since Managing October 01, 2025
- Role / co-management
- Mr. Swapnil Jangam — Fund Manager of the Scheme · Mr. Rohan Pillai — Fund Manager and Dealer - Fixed Income
The tenure above is experience managing this scheme, not the manager's total career experience. For education, qualifications and prior roles, open the latest official AMC factsheet or manager profile below.
Latest NAV records
NAV is a per-unit accounting value. Compare returns, portfolio, risk and cost — never choose a fund only because its NAV looks low.
| Plan / option reported by AMFI | NAV | Date |
|---|---|---|
| HDFC Overnight Fund - Direct Plan - Growth Option | ₹4,081.6279 | 06 Sep 2026 |
| HDFC Overnight Fund - Direct Plan - IDCW Option | ₹1,042.6600 | 06 Sep 2026 |
| HDFC Overnight Fund - Regular Plan - Growth Option | ₹4,038.0396 | 06 Sep 2026 |
| HDFC Overnight Fund - Regular Plan - IDCW Option (Daily) | ₹1,042.6600 | 06 Sep 2026 |
What you pay and how money moves
- Stated expense ratio
- Regular 0.21%, Direct 0.11%
- Exit load
- NIL
- Minimum application
- Growth Option- Rs.100 Daily IDCW Option- Rs. 10,000 · multiples of Any amount
- SIP frequency
- For Systematic Investmet Plan (SIP) Daily, Weekly, Monthly, Quarterly, Half Yearly and Yearly For Systematic Withdrawal Advantage Plan (SWAP) Fixed SWAP - Monthly, Quarterly, Half Yearly, Yearly Variable SWAP - Quarterly, Half Yearly, Yearly For Sytematic Transfer Plan (STP) Fixed Systematic Transfer Plan (FSTP) - Daily, Weekly, Monthly, Quarterly Capital Appreciation Systematic Transfer Plan (CASTP) - Monthly, Quarterly
- Minimum SIP amount
- For SIP DSIP, WSIP, MSIP - Rs. 100 QSIP - Rs. 1500 HSIP - Rs. 2500 YSIP - Rs. 5000 For SWAP Fixed SWAP - Rs. 500 Variable SWAP - Rs. 300 For STP Fixed STP (FSTP) Daily FSTP - Rs. 500 Weekly FSTP - Rs. 500 Monthly FSTP - Rs. 1000 Quarterly FSTP -Rs. 3000 Capital Appreciation STP (CASTP) Monthly CASTP - Rs. 300 Quarterly CASTP - Rs 1000
- Minimum instalments
- SIP: Minimum number of installments under DSIP- 2 Minimum number of Installments under WSIP and MSIP : - In respect of each SIP Installment between Rs.300 to Rs.499 in value - 20 - In respect of each SIP Installment between Rs.500 to Rs.999 in value - 12. In respect of each SIP Installment equal to or greater than Rs 1,000 in value - 6 Minimum number of installments under QSIP : - In respect of each SIP Installment between Rs.1,500 to Rs.2,999 in value- 4; In respect of each SIP Installment equal to or greater than Rs. 3,000 in value- 2 Minimum number of installments under HYSIP: - In respect of each SIP Installment equal to or greater than Rs. 2,500 in value- 2 Minimum number of installments under YSIP: - In respect of each SIP Installment equal to or greater than Rs. 5,000 in value- 1 SWP: For Fixed and Variable SWP- 2 STP: Under Daily FSTP: -where installment amount is less than Rs. 1,000 : 12 - where installment amount is equal to or greater than Rs. 1,000: 6 Under Weekly STP : - Where installment amount is less than Rs. 1,000: 12 installments - Where installment amount is equal to or greater than Rs. 1,000: 6 installments However, for weekly STP in equity linked savings schemes, there should be a minimum of 6 installments for enrollment. Under Monthly FSTP & Monthly CASTP : - Minimum 6 installments, Under Quarterly FSTP & Quarterly CASTP : - Minimum 2 installments. Further, the minimum balance in the Unit holders account or the minimum amount of application at the time of enrolment for STP in the Transferor Scheme should be Rs. 12,000. There will be no maximum duration for STP enrolment.
How a mutual-fund investment is paid
- Complete KYCIdentity, PAN, bank and contact verification are required.
- Choose route and optionUnderstand direct vs regular and growth vs IDCW before selecting.
- Choose SIP or lump sumSIP uses an automated mandate; lump sum is a one-time payment.
- Receive units at applicable NAVCut-off time, cleared funds and scheme rules determine the applicable NAV.
- Review, do not chaseTrack goal fit, risk, manager/mandate changes, costs and portfolio — not daily noise.
Download and verify at source
The packaged Scheme Summary PDF is the official AMFI file, unchanged. Live AMC links are included for time-sensitive factsheets, top holdings and portfolios.
Source verification date: 06 September 2026. If a live document differs from this page, rely on the newer official document.