Sharpe ratio
0.33Return earned for the risk taken.
Moderate
Moderate risk-adjusted returns. The reward for risk has been average.
+5.15%1Y Absolute Return
+0.03%1D
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Past performance is not an indicator of future returns.
Returns calculator comparison
Compare an illustrative investment outcome across return assumptions.
| Asset | Projected corpus | Total invested | Gain | Annual return |
|---|---|---|---|---|
| PGIM India Overnight Fund - Direct Plan - Growth OptionFund 5Y annualised return | ₹8,41,278 | ₹7,32,612 | ₹1,08,666 | +5.75% |
| EPFIllustrative annual assumption | ₹8,95,132 | ₹7,32,612 | ₹1,62,520 | +8.25% |
| Residential propertyIllustrative annual assumption | ₹8,67,662 | ₹7,32,612 | ₹1,35,050 | +7.00% |
| PPFIllustrative annual assumption | ₹8,69,819 | ₹7,32,612 | ₹1,37,207 | +7.10% |
| Bank fixed depositIllustrative annual assumption | ₹8,56,981 | ₹7,32,612 | ₹1,24,369 | +6.50% |
| GoldIllustrative annual assumption | ₹8,67,662 | ₹7,32,612 | ₹1,35,050 | +7.00% |
| Savings accountIllustrative annual assumption | ₹7,86,827 | ₹7,32,612 | ₹54,215 | +3.00% |
Illustration only. Fund results use the available NAV-derived annualised return and can be negative. Reference rows are assumptions, not current quoted rates or guaranteed returns; property excludes transaction costs, taxes, and liquidity constraints. Mutual fund investments are subject to market risk.
Wealth multiple
₹1 became₹1.99
₹1 Lakh since launch₹1.99 Lakh
Fund age7.2 yrs
Fund information
Scheme code147606
ISININF663L01T01
BenchmarkNIFTY 1D Rate Index
CategoryDebt Scheme - Overnight Fund
Expense ratio0.20%
Exit loadNil
Minimum SIP₹1,000 SIP
Return comparison
76th / 226 in category| Period | Fund | Benchmark | Category avg |
|---|---|---|---|
| 1M | +5.66% | — | — |
| 3M | +5.20% | — | — |
| 6M | +5.17% | — | — |
| 1Y | +5.15% | — | +2.44% |
| 3Y | +5.94% | — | +2.51% |
| 5Y | +5.75% | — | +4.17% |
| Since Launch | +98.96% | — | — |
Risk-adjusted performance
Every measure is expanded with a plain-language reading of the latest calculated value.
Sortino ratio
0.00Return earned while limiting downside risk.
Moderate
Moderate downside risk-adjusted performance.
Standard deviation
0.05%How much the fund’s returns fluctuate over time.
Low volatility
Returns have been relatively stable.
Beta
—How closely the fund moves with the market.
Unavailable
This measure needs sufficient fund and benchmark history to calculate.
Alpha
—Extra return generated above the benchmark.
Unavailable
This measure needs sufficient fund and benchmark history to calculate.
Treynor ratio
—Return earned for each unit of market risk taken.
Unavailable
This measure needs sufficient fund and benchmark history to calculate.
Calmar ratio
—How well the fund rewarded investors relative to its biggest decline.
Unavailable
This measure needs sufficient fund and benchmark history to calculate.
Information ratio
—How consistently the fund outperformed its benchmark.
Unavailable
This measure needs sufficient fund and benchmark history to calculate.
Portfolio allocation
Latest disclosed portfolio mix
Asset allocation
Portfolio100%
Debt99.16%
Cash0.84%
Market cap allocation
Market-cap classifications were not present in the latest portfolio disclosure.
Sector allocation
Equity exposure by sector
Top holdings
3 of 3 disclosed positions
| Holding | Sector | Instrument type | Weight |
|---|---|---|---|
| Others CBLO | Unspecified | CBLO | 96.59% |
| GOVERNMENT OF INDIA 36170 364 DAYS TBILL 02JL26 FV RS 100 | Financial | Treasury Bills | 2.57% |
| Net Receivables | Unspecified | Net Receivables | 0.84% |
Fund management
PU
Puneet Pal
Since 2022 · Prior to joining PGIM India Mutual Fund, he has worked with BNP Paribas AMC as Head Fixed Income, UTI AMC as Sr. Vice President & Fund Manager & TATA AMC as Fund Manager.
Mr. Pal is a B.Com (H) and MBA from SIBM Pune.
SA
Sandeep Devan
Since 2026 · Prior to joining the PGIM MF, he was associated with Kotak Asset Management India Private Ltd, DWS Asset Management India Private Ltd and EFG Wealth Management India Private Ltd.
B.com
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Summary
A low-risk debt scheme - overnight fund. Turned every ₹1 into ₹143.3 since launch — compounding at 99.0% a year. Ranks 76 of 226 in its category over 1 year.
Strengths
- Turned every ₹1 into ₹143.3 since launch — compounding at 99.0% a year.
- NAV has been stable for its category — worst fall 0.00% with 0.1% volatility.
Weaknesses
- None
Ideal investor
- Suited for a few days to 3 months and emergency or idle cash.
Risk drivers
- None