Choice Overnight Fund - Growth Option - Direct Plan
Benchmark: CRISIL Liquid Overnight Index · Riskometer: Low
Choice Overnight Fund is a Overnight mutual fund managed by Choice AMC Private Limited, benchmarked against CRISIL Liquid Overnight Index. Riskometer: Low.
View full analysis on Punji.ai →
Debt Portfolio Metrics
Overnight securities (maturity of 1 day).
LEARN: Growth of ₹100 · NAV · CAGR
CHART
Choice Overnight Fund - growth of ₹100
Growth of ₹100 invested on 2026-07-12, not raw NAV - the standard way to compare fund performance regardless of NAV level. Daily resolution for the last 90 days, weekly up to 2 years, monthly beyond that.
NAV History - Last 30 Days(exact daily NAV)
| Date | NAV (₹) | 1D Change |
|---|---|---|
| 2026-10-28 | 101.6377 | +0.0151 (+0%) |
| 2026-10-27 | 101.6226 | +0.0154 (+0%) |
| 2026-10-26 | 101.6072 | +0.0155 (+0%) |
| 2026-10-25 | 101.5917 | +0.0164 (+0%) |
| 2026-10-24 | 101.5753 | +0.0164 (+0%) |
| 2026-10-23 | 101.5589 | +0.0163 (+0%) |
| 2026-10-22 | 101.5426 | +0.0154 (+0%) |
| 2026-10-21 | 101.5272 | +0.015 (+0%) |
| 2026-10-20 | 101.5122 | +0.0154 (+0%) |
| 2026-10-19 | 101.4968 | +0.0152 (+0%) |
| 2026-10-18 | 101.4816 | +0.0311 (+0%) |
| 2026-10-16 | 101.4505 | +0.0154 (+0%) |
| 2026-10-15 | 101.4351 | +0.0154 (+0%) |
| 2026-10-14 | 101.4197 | +0.0147 (+0%) |
| 2026-10-13 | 101.405 | +0.0143 (+0%) |
| 2026-10-12 | 101.3907 | +0.0145 (+0%) |
| 2026-10-11 | 101.3762 | +0.0285 (+0%) |
| 2026-10-09 | 101.3477 | +0.0141 (+0%) |
| 2026-10-08 | 101.3336 | +0.0142 (+0%) |
| 2026-10-07 | 101.3194 | +0.0144 (+0%) |
| 2026-10-06 | 101.305 | +0.0137 (+0%) |
| 2026-10-05 | 101.2913 | +0.0223 (+0%) |
| 2026-10-04 | 101.269 | +0.0272 (+0%) |
| 2026-10-02 | 101.2418 | +0.0136 (+0%) |
| 2026-10-01 | 101.2282 | +0.0134 (+0%) |
| 2026-09-30 | 101.2148 | - |
Punji Fund Health Score - percentile-within-category. See methodology.
CATEGORY COMPARISON
Choice Overnight Fund returns
This fund is less than a year old, so there is not yet enough history to calculate rolling returns.
Choice Overnight Fund category rank vs peers
| Metric | Value | Rank | Category median |
|---|---|---|---|
| Total Expense Ratio | 0.11% | #7 of 46 (lower is better) | 0.11% |
| AUM | ₹86 Cr | #32 of 39 | ₹777 Cr |
Choice Overnight Fund risk metrics
Risk metrics aren't shown for debt funds. Their NAV starts near Rs 10 and compounds steadily, so CAGR, beta and drawdown measure the arithmetic rather than the manager.
Choice Overnight Fund holdings
Portfolio as of 2026-09-30
Hold multiple funds? See our Portfolio Overlap Tool to see if they actually hold different stocks.
CHART
Top sector holdings
Share of portfolio (% to NAV) in each of the top sectors.
TOP HOLDINGS
Funds similar to Choice Overnight Fund
Top funds in the same category, ranked by performance - not holdings overlap. Pick up to 2 to compare alongside this fund:
Choice Overnight Fund Punji analytics
CHART
Asset Allocation
As of Sep-2026
Portfolio analytics as of Sep-2026.
Frequently asked questions
How risky is Choice Overnight Fund?
Choice Overnight Fund carries a "Low" risk rating on SEBI's mandated riskometer scale, the same standardized classification every Indian mutual fund must disclose. This rating reflects the fund's underlying portfolio composition and historical volatility, and is set independently of any single AMC's own marketing - it's meant to give investors a comparable, at-a-glance sense of how much the fund's value can swing before deciding whether it matches their own risk appetite and investment horizon. A higher-risk rating isn't inherently bad; it typically correlates with higher long-term return potential, but also with larger short-term drawdowns, so it should be read alongside the fund's category and your own time horizon rather than in isolation.
What is Choice Overnight Fund's expense ratio?
Choice Overnight Fund's direct-plan expense ratio is 0.11% per year - the annual fee the AMC deducts from the fund's assets to cover management and operating costs, already reflected in the NAV you see (it isn't billed separately). Direct plans skip the distributor commission built into Regular plans, which is why a direct-plan expense ratio is almost always lower than the same scheme's Regular-plan version. Over long holding periods, even a difference of a few basis points compounds into a meaningfully different final corpus, which is why expense ratio is one of the few fund attributes an investor can compare with total certainty before investing, unlike future returns.
How does Choice Overnight Fund's expense ratio compare to its category?
Choice Overnight Fund's expense ratio of 0.11% ranks #7 of 46 funds in the Overnight Fund category (lower is better) - the category median is 0.11%. Expense ratio is deducted from the fund's assets every year regardless of performance, so a lower ratio is a real, certain cost advantage rather than a projection, unlike future returns.
How big is Choice Overnight Fund, and how does that compare to its category?
Choice Overnight Fund manages ₹86 Cr in assets, ranking #32 of 39 funds by size in the Overnight Fund category - the category median is ₹777 Cr. A larger fund generally means deeper liquidity and lower per-unit fixed costs for the AMC to spread across investors, but in categories with a smaller investable universe (like small or mid cap), a very large fund can also face more difficulty entering and exiting positions without moving the price.
Who manages Choice Overnight Fund, and what category does it belong to?
Choice Overnight Fund is managed by Choice AMC Private Limited and is classified under the Overnight Fund category, the SEBI-defined scheme categorization that groups funds by their investment mandate (market-cap focus, sector, or asset mix) so investors can compare like-for-like funds rather than across unrelated strategies. The AMC (asset management company) is the regulated entity legally responsible for the fund's operations, portfolio decisions, and disclosures, though day-to-day investment calls are made by a designated fund manager within the mandate set by the scheme's category and stated objective.
Data as of 2026-10-29. Source: AMFI disclosures via Punji. Not investment advice.