The scheme seeks to generate optimal returns with low risk and high liquidity by investing in debt and money market instruments with overnight maturity.
Exit Load--
Stamp duty on investment0.005% (from July 1st, 2020)
Tax implicationsReturns are taxed as per your income tax slab.
Vikash Agarwal
Mr. Agarwal is a B.Com., CA, CFA
Prior to joining Nippon AMC, he has worked with HDFC AMC, Larsen & Toubro Ltd.
Common questions about this fund, answered from scheme data
The latest Net Asset Value (NAV) of Nippon India Overnight Fund is ₹146.73 as of 2026-08-28.
Nippon India Overnight Fund is classified as a Overnight fund.
The Assets Under Management (AUM) of Nippon India Overnight Fund is ₹8,376.26 Cr.
The expense ratio of Nippon India Overnight Fund is 0.19%.
Nippon India Overnight Fund is managed by Vikash Agarwal.
The minimum SIP investment for Nippon India Overnight Fund is ₹100.
As per the SEBI Riskometer, Nippon India Overnight Fund carries a Low risk level.
Nippon India Overnight Fund has delivered 5.24% (1Y), 6.04% (3Y) and 5.62% (5Y) annualised returns as of 2026-08-28.
Nippon India Overnight Fund was launched on 1995-06-30.
Open an account with Indiabulls Securities, complete your KYC, and invest via SIP or a one-time lumpsum through our platform.
A Systematic Investment Plan (SIP) lets you invest a fixed amount at regular intervals (e.g., monthly) instead of a single lumpsum.
There is no separate brokerage on mutual fund units. The AMC charges an expense ratio, which is already reflected in the NAV. An exit load may apply if you redeem before the specified period.
Mutual fund NAVs are declared once per business day after market close, in line with SEBI norms.
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.