The Scheme seeks 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.
Exit Load--
Stamp duty on investment0.005% (from July 1st, 2020)
Tax implicationsReturns are taxed as per your income tax slab.
Sandeep Devan
B.com
Prior to joining the PGIM MF, he was associated with Kotak Asset Management India Private Ltd, DWS Asset Management India Private Ltd and EFG Wealth Management India Private Ltd.
Common questions about this fund, answered from scheme data
The latest Net Asset Value (NAV) of PGIM India Overnight Fund is ₹1,411 as of 2026-08-28.
PGIM India Overnight Fund is classified as a Overnight fund.
The Assets Under Management (AUM) of PGIM India Overnight Fund is ₹166.52 Cr.
The expense ratio of PGIM India Overnight Fund is 0.2%.
PGIM India Overnight Fund is managed by Sandeep Devan.
The minimum SIP investment for PGIM India Overnight Fund is ₹1,000.
As per the SEBI Riskometer, PGIM India Overnight Fund carries a Low risk level.
PGIM India Overnight Fund has delivered 5.16% (1Y), 6.01% (3Y) and 5.61% (5Y) annualised returns as of 2026-08-28.
PGIM India Overnight Fund was launched on 2010-05-13.
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.
