MF Gyan
debtLow risk8 years oldSteady vs its 3-year pace

DSP Overnight Fund - Direct Plan - IDCW - Weekly

Invests in bonds and loans. Lower returns than equity but much less bumpy — often used for shorter goals. From DSP Mutual Fund. It's been running since 9 Jan 2019.

Latest price per unit
₹1,000.8946
▲ 0.02% today
As of 22 May 2023 · updated once each business day

What ₹1 lakh would have become

Based on past returns
Invested 1 year ago
₹1.00 L
▲ ₹55 gain · 0.1% / year
Invested 3 years ago
₹1.00 L
▲ ₹82 gain · 0.0% / year

These are calculations from the fund's past prices, not a prediction. Real future returns can and often do differ.

SIP simulator

Play with a monthly investment

Slide the amount and switch the duration. Left column uses real past prices. Right column projects forward using this fund's historical rate — a calculation, not a prediction.

₹5.0k
Looking back · real
You would have invested₹1.80 L
Value today₹1.80 L
Gain / loss+₹98
XIRR (annualised)0.04%
Looking forward · hypothetical
You would invest₹1.80 L
Would become*₹1.80 L
Projected gain*+₹100
*at this fund's historical rate of 0.04% per year. Actual future returns can be different — sometimes very different.
Value Cumulative invested
Reality check. The backward SIP is real math on real past NAVs. The forward projection assumes the fund keeps up its historical rate — which rarely happens exactly. Past performance is not a promise. MF Gyan does not recommend any specific investment.
How it compares to peers

Vs 123 other funds in Debt Scheme - Overnight Fund

Same plan
1-year return
0.06%median 0.27% (-0.22%)
Rank #60 of 124Beats 48% of peers
3-year return
0.03%median 0.35% (-0.32%)
Rank #58 of 124Beats 43% of peers
Bumpiness (3Y)
0.58%median 0.13% (+0.45%)
Rank #81 of 124Less risky than 34% of peers
Worst-ever drop
-0.46%median -0.06% (-0.40%)
Rank #34 of 124Less risky than 73% of peers

Descriptive rankings within the same category and plan. Not a recommendation — one fund beating another historically does not mean it will continue to do so.

Year by year

Calendar-year returns. 3 of last 5 years were positive.

+0%
2019
-0%
2020
+0%
2021
-0%
2022
+0%
2023
Best year
2019 · 0.05%
Worst year
2020 · -0.08%

Price over time

How the per-unit price has moved. Tap a range to zoom in.

Bumpiness & worst drops

Day-to-day bumpiness
0.6%

The value swings roughly 1% up or down in a typical year. Finance-speak calls this volatility.

Worst drop ever
-0.46%

A lump sum invested at the previous peak would have temporarily lost about this much before recovering. Finance-speak calls this max drawdown.

Similar funds you might want to look at

Same category, same plan, sorted by 3-year return. Not recommendations — just neighbours.

Head-to-head comparisons

Side-by-side comparisons of DSP Overnight Fund - Direct Plan - IDCW - Weekly against other debt funds.

Technical details (for the pros)
CAGR — 1 year0.06%
CAGR — 3 years0.03%
CAGR — 5 years—
CAGR — since launch0.02%
Volatility — 1 year (annualised)0.85%
Volatility — 3 years (annualised)0.58%
Max drawdown — 1 year-0.46%
Max drawdown — 3 years-0.46%
Sharpe ratio — 1 year (rf=6%)-6.99
Sharpe ratio — 3 years (rf=6%)-10.25

Fund info

Fund house
DSP Mutual Fund
Category
Debt Scheme - Overnight Fund
Plan
Direct
Option
IDCW
ISIN (Growth)
—
ISIN (Div re-invest)
—
Fund code
146064
First price on record
9 Jan 2019 · 1,325 daily prices

About DSP Overnight Fund - Direct Plan - IDCW - Weekly

DSP Overnight Fund - Direct Plan - IDCW - Weekly is a Debt Scheme - Overnight Fund offered by DSP Mutual Fund under the Direct plan with the IDCW option. It has approximately 8 years of NAV track record. The fund falls in the debt category — Invests in bonds and loans. Lower returns than equity but much less bumpy — often used for shorter goals.

The current NAV of DSP Overnight Fund - Direct Plan - IDCW - Weekly is ₹1000.8946 (as of 22 May 2023). Historically, it has delivered 0.06% over the last year, 0.03% CAGR over 3 years. Returns are historical and don't predict future performance.

Over the last three years, the fund's prices have moved with 0.6% annualised volatility — a "low" level of bumpiness; its deepest peak-to-trough fall on record was 0.5%. Being mentally prepared for drawdowns of this size is what separates long-term investors from reactive traders.

Frequently asked

What is the latest NAV of DSP Overnight Fund - Direct Plan - IDCW - Weekly?+

The latest NAV of DSP Overnight Fund - Direct Plan - IDCW - Weekly is ₹1000.8946 as of 22 May 2023, up 0.02% from the previous day. NAV is updated once a business day after the market close.

What are the returns of DSP Overnight Fund - Direct Plan - IDCW - Weekly?+

DSP Overnight Fund - Direct Plan - IDCW - Weekly has delivered 1-year return 0.06%, 3-year CAGR 0.03%, since-inception CAGR 0.02%. Returns are historical and don't predict future performance — markets move in cycles.

What category does DSP Overnight Fund - Direct Plan - IDCW - Weekly belong to?+

DSP Overnight Fund - Direct Plan - IDCW - Weekly is categorised as Debt Scheme - Overnight Fund. Invests in bonds and loans. Lower returns than equity but much less bumpy — often used for shorter goals.

How risky is DSP Overnight Fund - Direct Plan - IDCW - Weekly?+

Based on its 3-year annualised volatility of 0.6%, DSP Overnight Fund - Direct Plan - IDCW - Weekly sits in the "low" risk bucket. Volatility measures how much prices swing — higher means bigger ups and downs along the way.

Is DSP Overnight Fund - Direct Plan - IDCW - Weekly a direct plan?+

DSP Overnight Fund - Direct Plan - IDCW - Weekly is a Direct plan (no distributor commission — lower expense ratio) with the IDCW option (periodic distributions, taxable at your slab rate).

How old is DSP Overnight Fund - Direct Plan - IDCW - Weekly?+

DSP Overnight Fund - Direct Plan - IDCW - Weekly has NAV history available from 9 Jan 2019 — approximately 8 years of track record and 1,325 daily NAV observations.

Numbers are computed from stored daily prices from mfapi.in/AMFI. This is descriptive analytics, not investment advice. Past performance is not indicative of future returns.