In the dynamic world of finance, investors are constantly on the lookout for low-risk opportunities to park their funds while achieving decent returns. One such financial instrument that has gained traction in recent years is overnight funds. In addition, these funds are particularly attractive for those with short-term financial goals who want a safe harbour for their investments. And in this article, we will delve into the essentials of overnight funds in India, exploring what they are, how they operate, their advantages and disadvantages, and tips for selecting the right fund.   ## Understanding Overnight Funds   Overnight funds are …