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Educational · Not investment advice
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Choice Mutual Fund

Choice Overnight Fund - Growth Option - Direct Plan

OvernightLow riskDirect plan

Returns

Calendar year returns

How the NAV moved in each calendar year, newest first. The inception year and the current, still open year are only part years and are marked as such.

Risk and volatility

Computed in-house from this scheme's NAV history. These describe past behaviour only and are not a judgement of the fund or a recommendation.

Category comparison

This fund next to the plain average of the overnight funds we track. This is our tracked set, not the whole category, and it is a factual comparison, not a ranking.

Rolling returns

Every rolling 3y holding period in the fund's history, annualized.

Other overnight funds

Browse all in the catalog

Sorted by your choice, not ranked by us.

Past performance is not indicative of future returns. Mutual Fund investments are subject to market risks, read all scheme related documents carefully.

Portfolio overlap

The share of two funds' portfolios held in common stocks, by weight, from their latest disclosed holdings. A plain fact, not a suggestion to buy or drop either fund.

Taxation

  • Gains are added to your income and taxed at your income tax slab rate, whatever your holding period, for units bought on or after 1 April 2023. There is no separate long-term rate or indexation benefit.

This is general information, not tax advice. Tax rules change and depend on your own situation and the tax regime you choose. Please confirm with a qualified tax adviser before you act.

What a overnight fund is

Invest in one-day securities; the lowest-risk debt category.

Mutual Fund investments are subject to market risks, read all scheme related documents carefully. Past performance is not indicative of future returns. This page shows factual scheme attributes for education only. It is not investment advice and not a recommendation to buy this or any fund. NAV and returns are served live; nothing here is a fabricated figure.