DSP Overnight Fund Regular Weekly Dividend

DSP Overnight Fund Regular Weekly Dividend is a scheme launched by DSP Mutual Fund on January 09, 2019, and falls under the Overnight fund category. It currently manages an AUM of Rs 1,764.19 crore. The fund permits investments with a minimum SIP of Rs 100 and a lump sum of Rs 100. It charges an expense ratio of 0.14% for managing the portfolio.

• Investing Strategy:

  The primary objective of the scheme is to seek to generate returns commensurate with low risk and providing high level of liquidity, through investments made primarily in overnight securities having maturity of 1 business day.

• Performance:

  DSP Overnight Fund Regular Weekly Dividend trailing returns over different times are 0.05% (1 year), 0.1% (3 year) and 0.04% (5 year). The average annual return of this fund stands at 0.03%.