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Lakshya Overnight Fund

Lakshya Mutual Fund · Regular plan · Growth

  • Debt
  • Overnight Fund

Returns, and where it stands

Against the average overnight fund, and its place among them. Anything longer than a year is a yearly rate.

This fund does not have enough NAV history yet to show returns.

Figures are for the Regular plan, and the rank compares it against the same plan of its peers, best first.

NAV history is not available for this fund yet.

How it compares

Lakshya Overnight Fund against other funds in the Overnight Fund category
Fund1Y3Y5YExpenseFund size
Bank of India Overnight Fund5.49%6.2%5.85%0.08%₹109 Cr
Quant Overnight Fund5.04%6.12%–0.19%₹58 Cr
Axis Overnight Fund5.3%6.1%5.76%0.09%₹11,325 Cr
Tata Overnight Fund5.3%6.1%5.74%0.09%₹4,571 Cr
Bajaj Finserv Overnight Fund5.32%6.09%–0.12%₹653 Cr
Nippon India Overnight Fund5.28%6.08%5.74%0.1%₹8,548 Cr
Lakshya Overnight Fund–––––
Compare side by side →See all 40 overnight funds →

About Lakshya Overnight Fund

Lakshya Overnight Fund is a overnight fund managed by Lakshya 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
PlanOptionNAVScheme code
DirectGROWTH₹1,000.8653154736
RegularGROWTH₹1,000.8621154737

Frequently asked questions

What is the NAV of Lakshya Overnight Fund today?

The NAV of Lakshya Overnight Fund, as of –.

What returns has Lakshya Overnight Fund given?

Over the last year the Regular plan returned –. Past returns do not guarantee future returns.

Which category does Lakshya Overnight Fund belong to?

It is a Overnight Fund from Lakshya 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.

How are gains from Lakshya 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.