Key metrics
Latest NAV
₹1,419.16
Day change
0.01%
Volatility
0.1%
Sharpe
-22.33
Max drawdown
0.0%
Expense ratio
0.14%
AUM
₹93 Cr
Category rank
21 / 26
Trailing returns
| Period | 1W | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
|---|---|---|---|---|---|---|---|---|---|
| Return | 0.08% | 0.41% | 1.25% | 2.52% | 5.16% | 6.04% | 5.67% | 5.10% | – |
Returns up to 1Y are absolute; 1Y and longer are annualised (CAGR). Source: public AMFI NAV data.
NAV history
Chart shows the fund's available daily NAV history. Daily NAV data begins around 2006, so older funds may predate this range.
About this fund
PGIM India Overnight Fund is a overnight debt fund offered by PGIM India Mutual Fund, classified under Debt as Debt Scheme - Overnight Fund. Overnight funds are among the lowest-risk fund categories. Its latest NAV is ₹1,419.16, with assets under management of about ₹93 Cr (April - June 2026).
Performance analysis
Over the trailing one year, PGIM India Overnight Fund has recorded a return of about 5.2%, with a three-year return of 6.0% and a five-year return of 5.7%. Its annualised volatility is 0.1% — relatively low fluctuations — and its Sharpe ratio is -22.33, a measure of return per unit of risk taken. The direct-plan base expense ratio is 0.14%, deducted daily from the NAV.
Rolling returns
| Window | Avg | Median | Min | Max | % Pos | % >12 |
|---|---|---|---|---|---|---|
| 1Y | 5.14 | 5.39 | 3.12 | 6.79 | 100% | 0% |
| 3Y | 5.38 | 5.66 | 3.75 | 6.45 | 100% | 0% |
| 5Y | 5.26 | 5.26 | 4.87 | 5.67 | 100% | 0% |
Each row takes every possible start date in the fund's history and computes the annualised return (CAGR) over that window. Avg/Median = the typical outcome; Min/Max = worst and best; % Pos = how often the window ended positive; % >12 = how often it beat 12% a year. Higher consistency means timing mattered less.
Frequently asked questions
What does PGIM India Overnight Fund invest in?
It invests primarily in securities maturing in a single business day.
How is this fund classified?
It is a Debt Scheme - Overnight Fund fund in the Debt group.
How often is the NAV updated?
Mutual fund NAVs are declared by the AMC on every business day. This page sources NAV from public AMFI data and refreshes twice daily.
What is its expense ratio?
0.14% (direct plan, base expense ratio), deducted daily from the NAV. Some platforms quote a higher all-in Total TER — verify with the AMC.
How is the rolling return calculated?
Rolling return averages the fund's annualised return over every possible window of a given length across its history, rather than a single start-to-end period — reducing the effect of one lucky or unlucky entry date.
Is past performance a guarantee of future returns?
No. Past performance does not indicate future results; mutual fund values fluctuate with markets. Read all scheme-related documents carefully before investing.
Compare with peers
Similar Debt Scheme - Overnight Fund
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y | TER % |
|---|---|---|---|---|---|---|---|---|
| ITI Overnight Fund Debt Scheme - Overnight Fund | 0.39 | 1.21 | 2.46 | 5.02 | 5.86 | 5.51 | – | 0.11 |
| BANK OF INDIA OVERNIGHT FUND Debt Scheme - Overnight Fund | 0.44 | 1.30 | 2.80 | 5.52 | 6.23 | 5.83 | – | 0.08 |
| TRUSTMF Overnight Fund Debt Scheme - Overnight Fund | 0.41 | 1.26 | 2.54 | 5.16 | 6.03 | – | – | 0.06 |
| Samco Overnight Fund Debt Scheme - Overnight Fund | 0.38 | 1.21 | 2.45 | 4.99 | 5.86 | – | – | 0.11 |
| quant Overnight Fund Debt Scheme - Overnight Fund | 0.40 | 1.24 | 2.50 | 5.07 | 6.16 | – | – | 0.16 |
| Bajaj Finserv Overnight Fund Debt Scheme - Overnight Fund | 0.42 | 1.30 | 2.62 | 5.35 | 6.11 | – | – | 0.07 |
| Zerodha Overnight Fund Debt Scheme - Overnight Fund | 0.41 | 1.26 | 2.54 | 5.18 | – | – | – | 0.08 |
| Shriram Overnight Fund Debt Scheme - Overnight Fund | 0.41 | 1.29 | – | – | – | – | – | 0.10 |
More funds from PGIM India
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y | TER % |
|---|---|---|---|---|---|---|---|---|
| PGIM India Global Select Real Estate Securities Fund of Fund Other Scheme - FoF Overseas | -3.53 | -0.15 | 2.55 | 18.06 | 14.79 | – | – | 0.66 |
| PGIM India CRISIL IBX Gilt Index - Apr 2028 Fund Other Scheme - Index Funds | 0.28 | 1.66 | 2.18 | 5.34 | 7.26 | – | – | 0.39 |
| PGIM India Large and Midcap Fund Equity Scheme - Large & Mid Cap Fund | -1.19 | 7.38 | 7.29 | 3.12 | – | – | – | 0.59 |
| PGIM India Retirement Fund Solution Oriented Scheme - Retirement Fund | -0.46 | 7.34 | 11.33 | 4.29 | – | – | – | 0.83 |
| PGIM India Multi Cap Fund Equity Scheme - Multi Cap Fund | -0.09 | 9.07 | 13.44 | 10.27 | – | – | – | 0.66 |
| PGIM India Healthcare Fund Sectoral/Thematic - Pharma/Healthcare | 0.32 | 14.01 | 22.48 | 25.80 | – | – | – | 0.69 |
| PGIM India Multi Asset Allocation Fund Hybrid Scheme - Multi Asset Allocation | -0.65 | 3.19 | 2.39 | – | – | – | – | 0.54 |
| PGIM India Dynamic Term Fund Income/Debt Oriented Schemes - Dynamic Term Fund | -0.23 | 1.57 | 2.17 | 4.07 | 7.12 | 6.21 | 7.43 | – |
Returns ≥ 1Y are annualised (CAGR). TER = direct-plan base expense ratio. Click a fund to open its page.