Step by step guide to invest in Bajaj Finserv Overnight Fund

Step by step guide
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An overnight fund is a type of mutual fund that invests in overnight securities, which are debt securities with a one-day maturity period. These funds are known for their relatively low risk and high liquidity, making them a suitable option for conservative investors or those looking for a short-term investment avenue.

  • Table of contents
  1. Key features of overnight funds
  2. Why consider the Bajaj Finserv Overnight Fund?
  3. How to invest in Bajaj Finserv Overnight Fund?
  4. FAQ

Key features of overnight funds

  • Low risk: Due to their short maturity period, overnight funds carry minimal market risk.
  • High liquidity: Investments can be easily converted to cash, typically within one business day.
  • Returns: They offer relatively stable returns compared to other debt funds.

Why consider the Bajaj Finserv Overnight Fund?

Investing in the Bajaj Finserv Overnight Fund can be a wise choice for several reasons, each catering to different aspects of an investor's needs:

  • Relative stability: One of the primary reasons to consider the Bajaj Finserv Overnight Fund is the relative stability of capital. Since the fund invests in securities that mature in one day, it effectively minimizes market risk. This makes it a relatively stable investment option compared to other mutual fund categories. For investors who are risk-averse or looking to balance out the riskier components of their portfolio, this fund can serve as a reliable choice.
  • Potentially consistent returns: While the returns on overnight funds might not be as high as long-term equity investments, they offer relative stability. This is crucial for investors who need predictable income. The fund aims to provide consistent returns, preserving the principal amount while still yielding some income.
  • High liquidity: Liquidity is a significant factor in any investment, and the Bajaj Finserv Overnight Fund scores high in this regard. The ability to quickly and easily convert your investment into cash without significant loss of value is a key advantage, especially in emergency situations.
  • Convenience and flexibility: The fund offers a convenient and flexible investment option. Investors can choose to invest a lumpsum or set up a systematic investment plan (SIP) to invest regularly. The ease of entry and exit from the fund without any lock-in period or significant exit loads makes it a hassle-free option.
  • Suitability for short-term goals: For investors with short-term financial goals or those who prefer to park their surplus funds for short periods, the Bajaj Finserv Overnight Fund can be an ideal choice. It usually offers potentially better returns than traditional savings accounts or fixed deposits for similar short durations, without compromising on the stability of the capital.
  • Professional management: The fund is managed by experienced professionals from Bajaj Finserv Asset Management Ltd., who are adept at monitoring market conditions and making informed investment decisions for the best possible return potential.

How to invest in Bajaj Finserv Overnight Fund?

Step 1: Research and understanding

Before investing, it's crucial to understand the specifics of the Bajaj Finserv Overnight Fund, managed by Bajaj Finserv Asset Management Ltd. This includes the fund's investment strategy, past performance, and associated fees.

Step 2: Eligibility and documentation

Ensure you meet the eligibility criteria and have the necessary documents ready, such as identity proof, address proof, and bank details. Make sure that the Know Your Customer (KYC) formalities are up to date.

Step 3: Registration

Visit the official website of Bajaj Finserv Mutual Fund or a trusted financial platform. Register and create an investment account. If you are already registered, you can log in with your credentials.

Step 4: Investment process

Navigate to the Bajaj Finserv Overnight Fund section. Decide the amount you wish to invest and choose between a lump sum or systematic investment plan (SIP). Next, fund your investment through any of the listed payment methods. When the investment is successfully funded, you will receive an acknowledgement.

Step 5: Monitoring and review

Regularly monitor the performance of your investment and review it in relation to your financial goals.


The Bajaj Finserv Overnight Fund can be a suitable choice for investors prioritizing stability of capital, liquidity, and potentially steady returns. It is particularly suited to those looking to mitigate risk in their investment portfolio or seeking a reliable short-term investment avenue. By following the steps listed in the Bajaj Finserv Overnight Fund investment guide, investors can stand to benefit from the features of the fund.


What is an overnight fund?
An overnight fund is a mutual fund that invests in securities with a maturity of one day, offering low risk and high liquidity.

How does the Bajaj Finserv Overnight Fund work?
The fund invests in overnight securities, ensuring relative stability and providing returns over a short period.

Who should invest in the Bajaj Finserv Overnight Fund?
It's suitable for conservative investors or those looking for a short-term, low-risk investment.

Mutual Fund investments are subject to market risks, read all scheme related documents carefully.
This document should not be treated as endorsement of the views/opinions or as investment advice. This document should not be construed as a research report or a recommendation to buy or sell any security. This document is for information purpose only and should not be construed as a promise on minimum returns or safeguard of capital. This document alone is not sufficient and should not be used for the development or implementation of an investment strategy. The recipient should note and understand that the information provided above may not contain all the material aspects relevant for making an investment decision. Investors are advised to consult their own investment advisor before making any investment decision in light of their risk appetite, investment goals and horizon. This information is subject to change without any prior notice.