Lakshya Overnight Fund Direct Growth NAV today
AMFI: 154736ISIN: INF2ZPR01014MUTF_IN: LAKS_OVER_FUND_YPSRP0Lakshya Mutual FundOvernight funds
NAV ₹1,005.6309up ₹0.15 (0.01%)
NAV for 28 Oct 2026, against 27 Oct 2026. Declared once a day.
Other plans: Regular Growth ₹1,005.5170, 0.01%
- Fund sizeAssets under management. The money the fund manages for all its investors, across every plan, at the end of the month. Assets under management in the glossary
- ₹26 CrSep 2026
- Expense ratioTotal expense ratio. What the fund charges each year as a share of the money invested, taken out of the NAV every day, so the returns shown are already after it. Total expense ratio: how it is worked out
- 0.20%25 Oct 2026
- Risk levelRiskometer. The fund's own risk label on SEBI's six-step scale, from Low to Very High, set from what the fund holds and reviewed every month. Riskometer in the glossary
- LowSep 2026
- HoldingsHoldings. The number of different securities in the fund's latest monthly portfolio: shares, bonds, money market paper and units of other funds, not cash, overnight lending or futures. Holdings in the glossary
- 030 Sep 2026
- Offer openedNew fund offer opened. The day the fund's new fund offer opened for investors to apply; units are allotted when it closes. New fund offer opened in the glossary
- 15 Sep 2026
Lakshya Overnight Fund returns
Direct Growth plan
Over each window to 28 Oct 2026
| Over | Direct GrowthTrailing return. The change in NAV from the start date to the latest NAV; over a year and longer, the yearly rate that would compound to the same change (CAGR). Trailing return: how it is worked out | Regular Growth | Rank in categoryRank in category. The fund's place among the funds of its category with a return over the same window, highest return first. Rank in category in the glossary | Category medianCategory median. The middle return of the funds in the category over the same window: half returned more, half less. Category median in the glossary | Middle halfMiddle half of the category. The returns of the fund a quarter of the way down the category and the fund a quarter of the way up, over the same window: half the category's funds returned between the two. Middle half of the category in the glossary |
|---|---|---|---|---|---|
| 1 week | +0.10% | +0.10% | – | – | – |
| 1 month | +0.42% | +0.41% | 40 of 40 | +0.44% | +0.4% to +0.4% |
| 3 months | Needs 3 months | – | – | +1.29% | +1.3% to +1.3% |
| 6 months | Needs 6 months | – | – | +2.59% | +2.6% to +2.6% |
| 1 year | Needs a year | – | – | +5.26% | +5.2% to +5.3% |
| 3 years | Needs 3 years | – | – | +6.01% | +6.0% to +6.0% |
| 5 years | Needs 5 years | – | – | +5.76% | +5.7% to +5.8% |
₹10,000 put in on 24 Sep 2026 is ₹10,048 at the NAV of 28 Oct 2026Growth of ₹10,000. What ₹10,000 put in at the NAV of the first day would be worth at the latest NAV, after the fund's expenses and before tax and any exit load. Growth of ₹10,000 in the glossaryOver a year and longer, a return is the yearly rate. Rank, median and middle half among the Direct plans of Overnight funds, each fund's return to its latest NAV on or before 28 Oct 2026.
At the month end, 30 Sep 2026
| Over | Fund | BenchmarkBenchmark return. The change in the benchmark index's total return level over the same dates as the fund's return, as a yearly rate over a year and longer. Benchmark return in the glossary |
|---|---|---|
| 7 days yearly rate | +8.55% | +5.09% |
| Since launch | +8.55% | +5.09% |
Benchmark: CRISIL Liquid Overnight Index. Both as the fund house states them for the month.
Lakshya Overnight Fund expense ratio and exit load
Per cent of the money invested, a year. Each month shows its last day filed; the parts were redefined from Apr 2026.
- Regular over directDirect and regular plan cost gap. The regular plan's expense ratio less the direct plan's: what buying through a distributor costs each year, since both plans own the same portfolio. Direct and regular plan cost gap in the glossary
- 0.11 ptsA year, on 25 Oct 2026
- Direct, 30-day averageExpense ratio, 30-day average. The total expense ratio averaged over the last 30 days the fund filed it, which evens out the day-to-day moves in brokerage and levies. Expense ratio, 30-day average in the glossary
- 0.19%Over the last 30 days filed
- Regular, 30-day average
- 0.30%Over the last 30 days filed
Total expense ratio, month by month
- Regular plan
- Direct plan
Direct plan at its highest since Sep 2026 in the latest month.Direct plan lowest 0.11%, Sep 2026.
What the expense ratio is made of
| Part | Direct | Regular |
|---|---|---|
| Base expense ratioBase expense ratio. The part of the expense ratio that pays the fund house and the distributor, before brokerage, transaction costs, levies and GST. Base expense ratio in the glossary | 0.10% | 0.20% |
| Brokerage | None | None |
| Transaction costs | 0.07% | 0.07% |
| Statutory levies | 0.03% | 0.04% |
Per cent of assets a year, filed for 25 Oct 2026. The parts add up to that day's total.
Buying and selling
- Exit loadExit load. A charge, as a share of the amount redeemed, on units sold before a set period has passed since they were bought. Exit load in the glossary
- Not stated
- Lump-sum purchases
- Accepted
- Minimum investmentMinimum investment. The smallest amount the plan accepts for a first purchase. Minimum investment in the glossary
- ₹5,000
- Minimum top-up
- ₹1,000
- Minimum redemption
- ₹0
- SIP
- Accepted
- STP, transfers to another fund
- Not accepted
- SWP, regular withdrawals
- Not accepted
- Switches
- Not accepted
- Lock-inLock-in. The time after each purchase during which those units cannot be sold. Lock-in in the glossary
- None
As listed for this plan on 28 Oct 2026.
How Lakshya Overnight Fund is taxed
Gains on units bought on or after 1 Apr 2023 are taxed at the income tax slab rate however long they are held; gains on units bought earlier are taxed at 12.5% when held over 24 months, or over 12 months for a listed fund such as an ETF, and at the slab rate otherwise.
Rules in force from 23 Jul 2024, checked 27 Oct 2026. Surcharge and cess are not included.
Lakshya Overnight Fund AUM
₹ crore, every plan of the fund together.
- Average assetsAverage assets under management. The money the fund managed, averaged over every day of the quarter, added up across its plans.
- ₹2.41 CrQuarter to Sep 2026
- In the direct plansShare of assets in the direct plans. The direct plans' average assets for the quarter as a percentage of the fund's total; the rest is in the regular plans, bought through distributors. Share of assets in the direct plans in the glossary
- 25.6%Of the quarter's average
Lakshya Overnight Fund portfolio
Portfolio disclosed for 30 Sep 2026.
- Macaulay durationMacaulay duration. The weighted average time, in years, until the fund's bonds pay back their interest and principal. Macaulay duration in the glossary
- 1day
- Modified durationModified duration. Roughly how much the bonds' value changes, in per cent, for each one point change in interest rates. Modified duration in the glossary
- 1day
- Average maturityAverage maturity. The weighted average time, in years, until the fund's bonds are repaid. Average maturity in the glossary
- 1day
- Maturity date knownMaturity date known. The share of the bond book, perpetual bonds left out, whose repayment date is known: the bonds the durations and the maturity profile are taken over. Maturity date known in the glossary
- 100.00%Of the bond book, perpetual bonds left out
- Perpetual bondsPerpetual bonds. Bonds with no maturity date: the issuer pays interest with no fixed day to repay. Their share of the bond book; they are in no duration and no maturity window. Perpetual bonds in the glossary
- None
The bond book is the fund's bonds, bills and overnight lending.
Cash and receivables on 30 Sep 2026
| Weight in the fund. The holding's market value on the portfolio date as a share of the fund's net assets. Weight in the fund in the glossary | ||
|---|---|---|
| Clearing Corporation of India Limited | 98.23% | 25.35 |
| Net Receivable / Payable | 1.77% | 0.46 |
Weight is per cent of the fund's net assets; value in ₹ crore.
Asset allocation
Asset allocation. What the fund owns, by kind of asset, each as a share of its net assets; futures and options are shown beside it, not in it, since they are contracts rather than assets bought. Asset allocation in the glossary- Cash and receivables100.00%
Per cent of the fund's net assets.
Credit rating
Credit rating. A rating agency's grade for how likely the borrower is to repay on time: AAA down to D for loans of over a year, A1+ down to A4 for loans of under a year, two scales that are never compared. Credit rating in the glossaryOther
- Overnight lending98.23%
Per cent of the fund's net assets.
Maturity profile
Maturity profile. The fund's bonds grouped by how long until each is repaid, as a share of the fund's net assets; a bond with no known maturity date is left off. Maturity profile in the glossary- Up to 1 month98.23%
- 1 to 3 monthsNone
- 3 to 6 monthsNone
- 6 to 12 monthsNone
- 1 to 3 yearsNone
- 3 to 5 yearsNone
- 5 to 10 yearsNone
- Over 10 yearsNone
Per cent of the fund's net assets, over the bonds whose maturity date is known; perpetual bonds have none.
Risk ratios
NAV to 28 Oct 2026
Largest falls
| Largest over | FallLargest fall. The biggest drop in NAV from a high to the low that followed, before the NAV went back above that high. Largest fall in the glossary | High on | Low on | Back at the highBack at the high. The first day the NAV closed at or above the high it had fallen from. Back at the high in the glossary |
|---|---|---|---|---|
| Since Sep 2026 | None | 24 Sep 2026 | 24 Sep 2026 |
Risk level by month
| Months | Fund | BenchmarkBenchmark's risk level. The riskometer level of the fund's benchmark index for the same month, on the same six-step scale as the fund's own. Benchmark's risk level in the glossary |
|---|---|---|
| Sep 20261 month | Low | LowCRISIL Liquid Overnight Index |
The riskometer at each month end, the fund's and its benchmark's. A month with none on record is left out.
Changes to the fund
Newest first.
2026
- 25 SepTermsMinimum additional purchase: ₹5,000 to ₹1,000
- 25 SepTermsRedemptions: not accepted to accepted
- 25 SepTermsSIP instalments: not accepted to accepted
- 16 SepTermsSIP instalments: accepted to not accepted
- 15 SepTermsSIP instalments: not accepted to accepted
Fund details
Objective
The primary objective of the scheme is to generate returns commensurate with low risk and providing high level of liquidity, through investments made in debt and money market securities having maturity of one business day including TREPS (Tri- Party Repo) and Reverse Repo
- BenchmarkBenchmark. The index the fund house chose to measure the fund against, in its total return form, with dividends added back. Benchmark in the glossary
- CRISIL Liquid Overnight Index
- New fund offer
- 15 Sep 2026 to 18 Sep 2026
- Price at the offer
- ₹1,000 a unit
- Minimum at the offer
- ₹5,000
Plans and codes
| Plan | AMFI code | ISIN | MUTF_IN | First NAV |
|---|---|---|---|---|
| Direct Growth | 154736 | INF2ZPR01014 | LAKS_OVER_FUND_YPSRP0 | 24 Sep 2026 |
| Regular Growth | 154737 | INF2ZPR01022 | LAKS_OVER_FUND_18CL8I | 24 Sep 2026 |
This fund
- Scheme information documentThe fund's objective, terms, costs and risks in full
Statement of additional information
- SAI Lakshya Mutual FundLakshya Mutual Fund, Oct 2026