Data shown is for informational purposes only and does not constitute investment advice. TopFund is not SEBI-registered. Consult a SEBI-registered advisor before investing.
PGIM India Overnight Fund - Direct Plan - Growth Option
★★★★★ monitor_heart Health Score: 59/100 · AveragePGIM India Mutual Fund · Debt · Overnight Fund
₹1,410.92
AUM: ₹63 Cr
NAV updated 19 days ago
Plan
Direct
Option
Growth
Risk
Low
Expense Ratio
0.21%
Exit Load
Nil
Fund Manager
Kumaresh Ramakrishnan
Inception
Aug 2019
Benchmark
NIFTY 1D Rate Index
Sharpe Ratio
-54.69
Std Dev (1Y)
0.05%
Historical Returns (CAGR)
Annualized trailing returns computed from NAV history — past performance only, not a guarantee of future results.
1m
+0.42%
3m
+1.25%
6m
+2.48%
1y
+5.23%
3y
+6.13%
5y
+5.61%
10y
—
since inception
+105.76%
rate_review TopFund's Take on PGIM India Overnight Fund - Direct Plan - Growth Option
PGIM India Overnight Fund - Direct Plan - Growth Option sits in the middle of the pack for Overnight Fund funds, currently carrying a 3-star rating. TopFund's composite Health Score, which weighs rating, 3-year CAGR, expense ratio and fund size, puts it at 59/100.
Cost: At 0.21%, the expense ratio is roughly in line with the Overnight Fund category average of 0.21% — cost isn't a standout factor either way for this fund.
Risk-adjusted performance: Over the trailing 1-year period, the fund shows a negative Sharpe ratio of -54.69 — over the past year, returns haven't kept pace with the volatility involved, even before accounting for the risk-free rate. Separately, annualised volatility of 0.05% is on the lower side, suggesting a comparatively smoother ride.
Who should invest: This fund is best suited to investors whose goals and risk appetite align with a Debt fund.
This is an automated, data-driven analysis based on the fund's own metrics and its category peers — not personalized investment advice. Consult a SEBI-registered advisor before investing.
donut_small Sector Allocation
pie_chart Asset Allocation
info Fund Snapshot
Similar Funds
BANK OF INDIA Overnight Fund Direct Plan Growth
Bank of India Mutual Fund
Mahindra Manulife Overnight Fund - Direct Plan -Growth
Mahindra Manulife Mutual Fund
Bajaj Finserv Overnight Fund - Direct Plan - Growth
Bajaj Finserv Mutual Fund
Bajaj Finserv Overnight Fund - Direct - Unclaimed less than 3 years Redemption Plan
Bajaj Finserv Mutual Fund
JM Overnight Fund - (Direct) - Growth
JM Financial Mutual Fund
Groww Overnight Fund (formerly known as Indiabulls Overnight Fund)- Direct Plan- - Income Distribution cum capital withdrawal Option ( Reinvestment)
Groww Mutual Fund
tips_and_updates Tools & Guides for This Fund
Frequently Asked Questions about PGIM India Overnight Fund - Direct Plan - Growth Option
The current NAV (Net Asset Value) of PGIM India Overnight Fund - Direct Plan - Growth Option is ₹1410.92. NAV is updated every business day after market close by AMFI.
1Y: 5.23% · 3Y CAGR: 6.13% · 5Y CAGR: 5.61%
The expense ratio is 0.21% per annum — the annual fee deducted from your investment to cover fund management costs.
PGIM India Overnight Fund - Direct Plan - Growth Option is managed by Kumaresh Ramakrishnan at PGIM India Mutual Fund.
PGIM India Overnight Fund - Direct Plan - Growth Option is a Low risk fund. Suitable for investors with a moderate risk appetite.
PGIM India Overnight Fund - Direct Plan - Growth Option is a Overnight Fund fund. SIP suitability depends on your investment goal and risk profile.
The Assets Under Management (AUM) of PGIM India Overnight Fund - Direct Plan - Growth Option is ₹63 crore as of the latest data.
* Past performance is not indicative of future results. Mutual fund investments are subject to market risks.