PGIM India Overnight Fund
Selecting option from following drop-down list content will update above.
Selecting option from following drop-down list content will update above.
- NAV as on 30 May 2026
- ₹1400.09760.01%
- Benchmark
- NIFTY 1D Rate Index
- Risk
- Low
- AUM as on 30 Apr 2026
- ₹44.33 Cr
- Date of Inception
- 27 Aug 2019
- Expense Ratio (27 May 2026)
- 0.18%
- Ideal Holding Period
- 1 Day +
| Annual Returns* | Current Value | |
|---|---|---|
| Fund Returns | 5.10% | ₹1,39,410 |
| Benchmark Returns | 5.12% | ₹1,39,587 |
Portfolio Holdings as on 30 Apr 2026
Asset Allocation
- Cash and Cash Equivalents - 95.49%
- Sovereign - 4.51%
Top holdings
- REPO ISSUE DATE 30.04.2026 5.366%90.70 %
- TREPS_RED_04.05.20264.56 %
- Cash INR0.23 %
- 91 DAYS TBILL RED 07-05-20264.51 %
Top Sectors
- Others95.26 %
- Cash0.23 %
- Sovereign4.51 %
- Yield to Maturity
- 5.35%
Performance
- Date of Inception: Direct Plan: August 27, 2019.
- ^Above returns are CAGR - Compounded Annual Growth Rate.
- ** Scheme Benchmark. # Standard Benchmark. *Based on standard investment of Rs.10,000 made at the beginning of the relevant period.
- Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments.
- Different plans have a different expense structure. The above returns are as on April 30, 2026.
- The performance provided is for Direct Plan - Growth Option.
Fund Managers
Fund Details
Investment Objective
Fund Type
Investment Strategy
The scheme invests in overnight securities with maturity of one day. Investors looking for low risk, alternate investment avenues to park idle surplus funds for very short term, to manage their short-term liquidity needs should look at investing in this fund.
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: 0% - 100%.
(*Money market instruments include commercial papers, commercial bills, treasury bills, Government securities having an unexpired maturity up to one year, call or notice money, certificate of deposit, usance bills, and any other like instruments as specified by the Reserve Bank of India from time to time.)
The scheme will limit the investments into debt instruments with 1 day residual maturity only to Government securities, SDLs, PSUs, PFIs and other Quasi-Government papers.
About PGIM India Overnight Fund
Frequently Asked Questions
Fund Documents
Riskometer
- Income over a short-term investment horizon
- Investment in debt and money market instruments having maturity of up to 1 business day
- Degree of risk – Low
- *Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
Low
AMFI Tier - 1 Benchmark - NIFTY 1D Rate Index
AMFI Tier - 1 Benchmark - NIFTY 1D Rate Index
(Class A)
(Class B)
(Class C)
