Home› Funds› HDFC Overnight Fund - IDCW Option (Daily)

HDFC Overnight Fund - IDCW Option (Daily)

HDFC · Overnight
Low
₹1042.66
Current NAV
25 Jun 2026
31.0%
1Y Return
9.0%
3Y CAGR
21.0%
5Y CAGR
Add to Watchlist
Analysis & Suitability
Pros / Upsides
  • Exceptional short-term performance with a 1-year return exceeding 20%.
  • Generates significant excess returns relative to benchmark index (Alpha: 2.50).
  • Well-diversified portfolio aligned with the Overnight mandate.
Cons / Risks
  • Higher expense ratio (2.3%) which can affect compounding over long horizons.
  • Lower risk-adjusted performance compared to top peers in the same category.
Suitable for
  • Systematic investments (SIP) for long-term target goal-based planning.
Not suitable for
  • Short-term trading or speculative investment horizons.
Risk Profile: Low Risk
Low Moderate High Very High
Risk Metrics
0.50
Sharpe Ratio
0.70
Beta
2.50
Alpha
0.55
Sortino
Fund Details
Fund House HDFC
Category Overnight
AUM ₹1050 Cr
Expense Ratio 2.30%
Min SIP ₹500
Min Lumpsum ₹1000
SIP Calculator Compare Funds
Similar Funds in Overnight
HDFC Overnight Fund - Daily IDCW Option - Direct Plan
HDFC
₹1042.66 31.8%
NIPPON INDIA OVERNIGHT FUND - WEEKLY IDCW Option
Nippon India
₹100.09 31.8%
CANARA ROBECO OVERNIGHT FUND - REGULAR PLAN - GROWTH OPTION
Canara Robeco
₹1405.44 31.7%
ICICI Prudential Overnight Fund - Direct Plan - Annual IDCW
ICICI Prudential
₹1033.57 31.7%