Choice Overnight Fund - Direct (G)
Overnight FundNAV
101.03(0.01%)Fund Size (CR)
₹152.1Expense Ratio
0.11Scheme Type
Active FundValue Research
-
Min. investment
₹1,000Minimum Additional Investment
₹1,000Minimum SIP Investment
₹250Minimum Withdrawal
₹1,000Exit Load
0%Return Since Launch
1.02%
Basic Details
Scheme Manager
Rochan Pattnayak
Bench Mark
CRISIL Liquid Overnight Index
Type
OPEN
Lumpsum Returns
| Period Invested For | ₹10,000 Invested on | Latest Value | Absolute Returns | Annualised Returns | Category Avg | Rank within Category |
|---|---|---|---|---|---|---|
| 1 Week | September 9, 2026 | 10008.91 | 0.09% | - | 0.06% | 134/284 |
| 1 Month | August 16, 2026 | 10040.80 | 0.41% | - | 0.35% | 117/280 |
| 3 Month | - | - | - | - | - | -/- |
| 6 Month | - | - | - | - | - | -/- |
| 1 Year | - | - | - | - | - | -/- |
| 3 Year | - | - | - | - | - | -/- |
| 5 Year | - | - | - | - | - | -/- |
| Since Inception | July 4, 2026 | 10102.13 | 1.02% | 1.02% | 5.42% | 249/282 |
Note: Lumpsum Returns since Inception Date.
SIP Returns
| Period Invested For | ₹10,000 Invested on | Investments | Latest Value | Absolute Returns | Annualised Returns |
|---|---|---|---|---|---|
| 1 Year | August 1, 2026 | 20,000 | 20082.99 | 0.41% | 0.41% |
| 3 Year | - | - | - | - | - |
| 5 Year | - | - | - | - | - |
| 10 Year | - | - | - | - | - |
Note: SIP Returns since Inception Date.
Tax Treatment
If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 10%, if your total long term capital gain exceeds 1 lakh. Any cess/surcharge is not included.If sold before 1 year from purchase date, short term capital gain tax will be applicable. Current tax rate is 15%. Any cess/surcharge is not included in the 15%.
Risk Ratios
0%
Standard Deviation
-0.29%
Beta
0%
Sharpe Ratio
1.96%
Treynor's Ratio
-6.75%
Jension's Alpha
Asset Allocation
Sector Allocation
Top 10 stock holding in portfolio
| Stock Invested in | % of Total Holdings | Quantity | Value (Cr) | Asset Type | Segment |
|---|---|---|---|---|---|
| There's no data available of Stock Holdings | |||||
Peer Comparison
| Scheme Name | Value Research | Asset Size (Cr) | 1M | 3M | 6M | 1Y | 3Y |
|---|---|---|---|---|---|---|---|
| Choice Overnight Fund - Direct (G) | 152.10 | 0.41% | - | - | - | - | |
| Groww Overnight Fund - Direct (IDCW-D) RI | 11.72 | 0.68% | 1.98% | 4.64% | 9.15% | 7.10% | |
| DSP Overnight Fund - Direct (IDCW-D) RI | 2853.61 | 0.40% | 1.19% | 5.31% | 7.98% | 6.71% | |
| TRUSTMF Overnight Fund - Direct (IDCW-D) RI | 31.08 | 0.69% | 2.10% | 4.29% | 7.98% | 7.96% | |
| Franklin India Overnight Fund - Direct (IDCW-W) | 685.37 | 0.51% | 2.26% | 3.51% | 7.08% | 6.65% | |
| Aditya Birla SL Overnight Fund - Dir (IDCW-W)RI | 10464.02 | 0.50% | 1.30% | 2.65% | 7.07% | 6.71% |
List of Schemes under Choice Mutual Fund
| Fund Name | Category | Risk | 1Y Returns | Ratings | Fund Size (Cr) |
|---|---|---|---|---|---|
| Choice Overnight Fund | Debt | Low | 0% | 0 | ₹152.10 |
| Choice Nifty 50 Index Fund | Other | Very High | 0% | 0 | ₹15.35 |
| Choice Nifty Next 50 Index Fund | Other | Very High | 0% | 0 | ₹20.38 |
News
There are no new Updates!
Fund House Details & Investment Objective
Date of Incorporation
July 1, 2026
Total AUM (Cr)
₹152.10
Choice Overnight Fund - Direct (G) is an Overnight Fund-oriented fund from the renowned AMC, Choice Mutual Fund. Launched in July 1, 2026, this fund is managed by Rochan Pattnayak. With assets under management (AUM) worth ₹152.1 (Cr), as of September 17, 2026, Choice Overnight Fund - Direct (G) is categorized as a Overnight Fund within its segment. The fund has generated a return of 1.02% since its launch.
The current NAV of Choice Overnight Fund - Direct (G) is ₹101.03, as on September 17, 2026. The fund's benchmark index is CRISIL Liquid Overnight Index. You can invest in Choice Overnight Fund - Direct (G) via both lumpsum and SIP modes. The minimum SIP amount in the fund is ₹250 while the minimum lumpsum investment is ₹1,000.
Being an open-ended fund, you can exit the fund anytime subject to applicable exit loads:
The fund has generated undefined% and undefined% CAGR in the last 3 and 5 years respectively.
The fund aims to provide long-term capital appreciation and growth, by investing in a mix of financial instruments 99.13% in Debt and 0.87% in cash and cash equivalents.
Mutual Fund Categories
Types of Mutual Funds
Debt Funds
Access debt markets and enjoy interest income from bonds and debentures. Ideal for conservative short-term investors
Hybrid Funds
Enjoy best of both the worlds - equity and debt. Ideal for beginners with medium-term investment horizon
Equity Funds
Invest in large, mid, and small cap sector stocks to enjoy capital appreciation. Ideal for aggressive, long-term investors