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Mutual Funds

Franklin India Overnight Fund

Franklin India Overnight Fund icon

Franklin India Overnight Fund

OvernightRank #2
5/5

NAV (2026-08-28)

1429.93

AUM

₹2,023 Cr

Exp. Ratio: 0.1%

RISK LEVEL

Low

Returns & Performance

1 Year5.33%0.16% vs cat avgRank #2
3 Year6.06%0.08% vs cat avgRank #5
5 Year5.62%0.05% vs cat avgRank #9
Since Launch5.01%1.03% vs cat avg

Fund vs Category Average

1Y
5.33%+0.16%
3Y
6.06%+0.08%
5Y
5.62%+0.05%

Pros & Cons

Pros

Outperforms category avg on 1Y returns
Strong 3Y track record vs category
Above category avg 5Y returns
No lock-in period
Low expense ratio (0.1%)
Top-5 ranked in category for 1Y (#2)
Overall top-10 rank in category (#2)

Cons

Returns since launch below category avg
ISININF090I01SO8
NAV₹1429.93
NAV Date2026-08-28
AUM₹2,023 Cr
Expense Ratio0.1%
RiskLow
Rating5 / 5
Min SIP Amount₹500
Max SIP Amount₹999999999
Min Additional Inv.₹1000
SIP AllowedYes
Plan TypeRegular
Plan OptionGrowth
Is NFONo
Fund House Incorp.1996-02-19

INVESTMENT OBJECTIVE

The Scheme seeks to provide reasonable income along with high liquidity by investing in overnight securities having maturity of 1 business day. There can be no assurance that the investment objective of the scheme will be realized.

Exit Load--
Stamp duty on investment0.005% (from July 1st, 2020)
Tax implicationsReturns are taxed as per your income tax slab.

Rohan Maru

Mr. Maru is M.Com and MBA in Finance.

Prior to joining Franklin India Mutual Fund, he has worked with ICICI Prudential Mutual Fund, Kotak Mahindra AMC as Fixed Income Dealer and Integreon Managed Solutions as a Research Associate.

Top Holdings

Holdings data not available for this scheme

Frequently Asked Questions

Common questions about this fund, answered from scheme data

The latest Net Asset Value (NAV) of Franklin India Overnight Fund is ₹1,429.93 as of 2026-08-28.

The FAQs above are generated from data provided by the AMC and are for educational purposes only. They do not constitute financial advice, buy/sell recommendations, or return guarantees. Mutual fund investments are subject to market risks — read all scheme-related documents carefully before investing. Past performance is not indicative of future returns.