UTI Overnight Fund

Debt - Overnight Fund

UTI Overnight Fund primarily invests in overnight securities viz. TREPS (Triparty Repo Dealing and Settlement), market repo & securities having a maturity of one business day. Investors who want to ensure liquidity and be emergency ready may look at this fund.


Fund Type
Risk Metric
1 Year
3 Year
5 Year

Fund Facts

Month End AuM
Monthly Avg. AuM
No. of Folio Accounts
Minimum Investment Amount
Total Expense Ratio
Benchmark Index
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Fund Overview

Scheme Riskometer

In terms of SEBI Circular No. SEBI/HO/IMD/IMD-II DOF 3/P/CIR/2021/573 dated June 07, 2021, all debt schemes of UTI Mutual Fund have been classified in terms of a Potential Risk Class (PRC) Matrix, consisting of maximum interest rate risk (measured by Macaulay Duration (MD) of the scheme) and maximum credit risk (measured by Credit Risk Value (CRV) of the scheme) that a scheme can take, effective December 1, 2021.
Potential Risk Class - A-I

Fund Performance

Period Fund Performance Vs Benchmark (CAGR) Growth for Rs 10,000 /-
NAV (%) NAV (Rs)

"Different plans have a different expense structure. The performance details provided herein are of Regular plan." * CAGR - Compounded annualized Growth Rate

"Different plans have a different expense structure. The performance details provided herein are of Regular plan." * CAGR - Compounded annualized Growth Rate


Fund Benchmark Net
Current Asset Allocation
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Fund Managers

Frequently asked questions

    What are overnight mutual funds?

    UTI Overnight Fund is an open ended debt scheme investing in a portfolio of overnight securities having a maturity of one day.

    How do I invest in overnight mutual funds?

    Investors can simply log on to utimf.com or use UTI Mutual Fund Application and start investing subject to KYC compliance. Investors may also approach nearest UTI Financial Centers (UFCs). Alternatively, you may also approach your mutual fund distributor, financial advisor or various online platform for investments.

    How are overnight funds taxed?

    An Overnight Fund will attract capital gains tax if the redemption value is more than the purchase price. The gains can either be short term or long term in nature.
    If you hold units for 3 years or less, the gains made are subject to Short-Term Capital Gains Tax and are taxed as per your income slab. If you hold the units for more than three years, the gains are subject to Long-Term Capital Gains Tax which is taxed at 20% and you would get the benefit of indexation (available to debt funds). Indexation accounts for the effect of inflation in the acquisition purchase cost i.e. the purchase price is increased to adjust for inflation (using an index provided by the Government) before calculating the capital gain. Thus, it reduces the overall tax liability.

    What are the benefits of investing in UTI overnight fund?

    • UTI Overnight Fund is highly liquid in nature as investments are made in securities having a maturity of one business day
    • UTI Overnight Fund does not carry an exit load which makes them a preferred investment avenue for investors looking to make the most of their idle money at home or in a bank.