About Choice Overnight Fund
Choice Overnight Fund is a overnight fund managed by Choice Mutual Fund. Invest in securities maturing in one day. Extremely low risk and returns close to the overnight interest rate; used to park money for a few days.
The NAV (net asset value) is the price of one unit of the fund. It is published by the fund house every business day and changes with the value of the fund's holdings. The Growth option reinvests all gains, so its NAV reflects the fund's total return.
Tax on your gains
Gains on debt fund units bought on or after 1 April 2023 are added to your income and taxed at your slab rate, however long you hold them. Units bought before that date follow the older long-term rules.
Work out what you would owe with the capital gains tax calculator.
Every plan and option, with scheme codes
| Plan | Option | NAV | Scheme code |
|---|---|---|---|
| Direct | Growth | ₹101.0758 | 154413 |
| Direct | Daily IDCW | ₹100.10 | 154416 |
| Direct | Unclaimed Less than 3 years Redemption | ₹100.5241 | 154624 |
| Regular | Growth | ₹101.0527 | 154415 |
| Regular | Daily IDCW | ₹100.10 | 154414 |
Frequently asked questions
What is the NAV of Choice Overnight Fund today?
The NAV of Choice Overnight Fund (Direct plan, Growth) is ₹101.0758 and the Regular plan NAV is ₹101.0527, as of 20 Sept 2026.
What returns has Choice Overnight Fund given?
Over the last year the Direct plan returned –. Past returns do not guarantee future returns.
Which category does Choice Overnight Fund belong to?
It is a Overnight Fund from Choice Mutual Fund. Invest in securities maturing in one day. Extremely low risk and returns close to the overnight interest rate; used to park money for a few days.
What is the difference between the Direct and Regular plan?
Both invest in the same portfolio. The Direct plan is bought straight from the fund house or a direct platform and has a lower expense ratio because no distributor commission is paid, so its NAV grows slightly faster over time.
How are gains from Choice Overnight Fund taxed?
Gains on debt fund units bought on or after 1 April 2023 are added to your income and taxed at your slab rate, however long you hold them. Units bought before that date follow the older long-term rules.
Source: NAVs published by the fund house through AMFI. Mutual fund investments are subject to market risks; read all scheme-related documents carefully. Past performance does not guarantee future returns. This page is for information only and is not a recommendation to buy or sell.