Click here for top ranked funds in overnight mutual funds.
However, Scripbox does not recommend investing in overnight mutual funds.
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.
No single fund can achieve what a plan can. Learn why
Historical NAV
₹ 1138.1003
NAV (Jan 23)
Fund Returns
Last 1Y
3.1%
Last 3Y
3.9%
Last 5Y
NA
Last 10Y
NA
Since Inception
4.1%
6 Month CAGR
1.6%
Scheme Information
Investment Objective
To generate reasonable income through investments in debt securities,Money Market Instruments & Tri-party Repos having maturity of 1 day.The Scheme does not guarantee/indicate any returns. There can be no assurance that the schemes' objectives will be achieved.
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.
Aditya Birla Sun Life AMC Ltd manages assets worth 318,638 crores and was set up on 5 September 1994. It's current offering of mutual fund schemes includes 83 equity,329 debt and 19 hybrid funds.
Aditya Birla Sun Life Overnight fund (G) is a Overnight Debt fund and has delivered an annualised return of 4.1% over a period of 3 years. The fund was previously known as Aditya Birla Sun Life Overnight Reg Gr. The fund is managed by Aditya Birla Sun Life AMC Ltd. The fund manager’s name is Kaustubh Gupta.
Nav of Aditya Birla Sun Life Overnight fund (G) as of 23/01/2022 is ₹1138.10 with the total AUM as of 24/01/2022 is ₹13559.768. With Scripbox you can compare and check the latest nav
for all mutual funds in India. Aditya Birla Sun Life Overnight fund (G) was launched on Nov 04, 2018. The category risk of the fund is Low Risk.
The minimum SIP amount for Aditya Birla Sun Life Overnight fund (G) is ₹0 and you can increase this in multiples of ₹100. In case you want to invest a lump sum, the minimum amount to be invested is ₹5000.
Check your estimated returns on mutual funds by using sip calculator.
Aditya Birla Sun Life Overnight fund (G) is suited for investors looking to invest for 1-4 years. The asset class is less volatile than equity and the fund is likely to provide stable but slow growth. The fund is benchmarked to CRISIL Overnight Index TR INR.
Aditya Birla Sun Life Overnight fund (G) is rated as a 3 fund in Debt and delivered 3.1% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with Aditya Birla Sun Life Overnight fund (G).
Frequently Asked Questions
What is Aditya Birla Sun Life Overnight fund (G)?
Aditya Birla Sun Life Overnight fund (G) is a Overnight Debt scheme predominantly investing across Debt stocks with an investment objective to generate wealth over the long term.
How to invest in Aditya Birla Sun Life Overnight fund (G)?
You can invest in Aditya Birla Sun Life Overnight fund (G) through AMC, intermediaries, brokers or platforms like Scripbox. To learn step by step process visit how to invest in mutual funds?
What is the minimum sip amount of Aditya Birla Sun Life Overnight fund (G)?
The minimum sip amount for Aditya Birla Sun Life Overnight fund (G) is ₹0. You can invest in multiples of ₹5000.
Is Aditya Birla Sun Life Overnight fund (G) good to invest in?
As per Scripbox experts, Aditya Birla Sun Life Overnight fund (G) is a Neutral fund. You can invest Aditya Birla Sun Life Overnight fund (G) fund if its investment objective and risk-o-meter matches your investment goals and risk preferences.
What is the expense ratio of the Aditya Birla Sun Life Overnight fund (G)?
The expense ratio of the Aditya Birla Sun Life Overnight fund (G) is 0.22% for regular plan.
