DSP Overnight Fund
DSP Overnight Fund is a overnight fund of DSP Asset Managers Private Limited with ₹4,011 cr under management. It is ahead of its benchmark (CRISIL Liquid Overnight Index) in 1 of 3 periods. Its direct plan charges 0.11% a year. Karan Mundhra has managed it for 2.2 years.
What is DSP Overnight Fund invested in?
62% in debt, 9% in shares and 28% in cash, as of 30 Sep 2026.
Has DSP Overnight Fund beaten its benchmark?
Ahead of its benchmark, CRISIL Liquid Overnight Index, in 1 of 3 periods in AMFI's figures; +5.26% over the last year against +5.24%.
Period returns
Direct Plan, growth · 3y and longer a year| Period | Fund | Nifty 500 TRI | Ahead |
|---|---|---|---|
| 1 month | +0.44% | −3.60% | — |
| 3 months | +1.26% | −5.03% | — |
| 6 months | +2.55% | −1.83% | — |
| 1 year | +5.26% | −4.06% | +9.32 pts |
| 3 years | +6.04% | +9.27% | −3.23 pts |
| 5 years | — | +8.00% | — |
| 10 years | — | +12.69% | — |
| Since start from 1 Nov 2021 | +5.78% | — | — |
Official figures
AMFI performance feed, 13 Oct 2026| Period | Direct | Regular | Benchmark | Ahead | Rank |
|---|---|---|---|---|---|
| 1y | +5.26% | +5.18% | +5.24% | +0.02 | 🔒 |
| 3y | +6.03% | +5.95% | +6.04% | −0.01 | 🔒 |
| 5y | +5.75% | +5.67% | +5.77% | −0.02 | 🔒 |
| 10y | — | — | — | — | — |
Value of 100, month-end
Nov 2021 to 13 Oct 2026₹100 put in at the start of Nov 2021 would be ₹132 on 13 Oct 2026, against ₹158 in the Nifty 500 TRI.
What does DSP Overnight Fund cost?
0.11% a year on the direct plan, 0.18% on the regular plan; 20 of 40 funds in its category charge less.
Who manages DSP Overnight Fund?
Karan Mundhra, since 1 Aug 2024; Shalini Vasanta, since 1 Aug 2024; Shantanu Godambe, since 1 Jan 2026.
Questions people ask
Who manages DSP Overnight Fund?
Karan Mundhra (Primary) since 1 Aug 2024; Shalini Vasanta (Comanage) since 1 Aug 2024; Shantanu Godambe (Comanage) since 1 Jan 2026.
What is the expense ratio of DSP Overnight Fund?
0.11% a year on the direct plan and 0.18% on the regular plan (expense report, Oct 2026).
How has DSP Overnight Fund done?
Its direct plan returned +6.03% a year over 3 years against +6.04% for its benchmark, CRISIL Liquid Overnight Index, as of 13 Oct 2026.




