- Mutual Funds
- Aditya Birla Sun Life Mutual Fund
- Aditya Birla Sun Life Overnight Fund Direct Growth
Overnight funds provides relative safety of capital with growth at par with inflation and is suitable for investment objectives with duration of 1-5 years or longer.
Overnight Funds invest in securities with a maturity of 1 day.
These investments have very low interest rate risk; however this also reduces return.
The category accounts for close to 7% of the total assets in the Debt fund assets primarily driven by corporates for whom this provides a better option than current account.Since most of the underlying holdings are Reverse Repos,funds in this category also score well on credit quality.We do not recommend funds in this category for individuals since we believe that liquid funds are a better option with similar credit & interest rate risk but higher return.
Aditya Birla Sun Life Overnight Fund Direct Growth Calculator
Investment Duration5 years
7,32,612
Total Investment93,318
Wealth Gained8,25,930
Total Corpus Created (₹)
With CAGR of 4.999 % in 5 yearsHistorical NAV
₹ 1377.6677
NAV (Mar 17)
Fund Returns
Last 1Y | 6.7% |
Last 3Y | 6.2% |
Last 5Y | 5% |
Last 10Y | - |
Since Inception | 5.1% |
6 Month CAGR | 3.2% |
Scheme Information
The scheme seeks to generate reasonable income through investments in debt securities, Money Market Instruments & CBLO/Tri-party Repo having maturity of 1 day.
Expense Ratio | 0.05 % |
Launched 6Y ago | 2018-11-01 |
AUM in Crores | 8138.1 |
ISIN | INF209KB1ZH2 |
Lock-in (days) | No Lock-in |
Benchmark | CRISIL Liquid Overnight Index |
SIP Minimum | 1000 |
Lumpsum Min. | 5000 |
Standard Deviation | 0.3 |
Beta | 0.5 |
Sharpe Ratio | -0.2 |
YTM | - |
Fund Managers
Returns Calculator Comparison
of
for
with step up of
| Asset | Returns | Total Corpus | Gains | CAGR |
|---|---|---|---|---|
| Aditya Birla Sun Life Overnight Fund Direct (G) | 8,25,930 | 93,318 | 5% | |
| EPF | 9,00,761 | 1,68,149 | 8.50% | |
| Property | 8,67,662 | 1,35,050 | 7.00% | |
| PPF | 8,69,819 | 1,37,207 | 7.10% | |
| Bank FD | 8,46,471 | 1,13,859 | 6.00% | |
| Gold | 8,46,471 | 1,13,859 | 6.00% | |
| Savings Bank | 8,25,950 | 93,338 | 5.00% |
Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.
Asset allocation and Holdings
Top Debt Holdings
Others
95.82%Reserve Bank of India
2.81%Reserve Bank of India
1.41%Others
-0.05%
Comparison with Debt Funds
| Fund Name | Fund Size | |
|---|---|---|
₹ 4,714 cr | ||
₹ 4,444 cr | ||
₹ 12,517 cr | ||
₹ 15,117 cr | ||
₹ 55,112 cr |
About the AMC
Aditya Birla Sun Life Mutual Fund
| Fund Name | Scripbox Opinion | Till Date CAGR | |
|---|---|---|---|
7% | 7.4% | ||
7% | 7.7% | ||
6.1% | 5.6% | ||
7.2% | 8% | ||
18.1% | 13.2% |
Aditya Birla Sun Life Overnight Fund Direct Growth Calculator
Investment Duration5 years
7,32,612
Total Investment93,318
Wealth Gained8,25,930
Total Corpus Created (₹)
With CAGR of 4.999 % in 5 yearsFrequently Asked Questions
What is the expense ratio for Aditya Birla Sun Life Overnight Fund Direct Plan Growth?
What is the current AUM of Aditya Birla Sun Life Overnight Fund Direct Growth?
What is the latest NAV of Aditya Birla Sun Life Overnight Fund Direct Growth?
What is the Riskometer rating for Aditya Birla Sun Life Overnight Fund Direct Plan Growth?
Which are the top sector holdings in Aditya Birla Sun Life Overnight Fund Direct Plan?
Which are the top stock holdings in Aditya Birla Sun Life Overnight Fund Direct Plan?
What is the asset allocation of Aditya Birla Sun Life Overnight Fund Direct Plan Growth?
What has been the performance of Aditya Birla Sun Life Overnight Fund Direct Growth returns?
Does Aditya Birla Sun Life Overnight Fund Direct Growth have a lock-in period?
Can I invest in both SIP and lump sum options in Aditya Birla Sun Life Overnight Fund Direct Plan Growth?
How to invest in Aditya Birla Sun Life Overnight Fund Direct Growth?
How can I redeem my investment in Aditya Birla Sun Life Overnight Fund Direct Plan?