- Mutual Funds
- Aditya Birla Sun Life Mutual Fund
- Aditya Birla Sun Life Overnight fund (Growth)
Formerly Aditya Birla Sun Life Overnight Reg Gr
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.
Investment Calculator
Investment Duration5 years
0
Total Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 yearsHistorical NAV
₹ 1291.8415
NAV (Apr 22)
Fund Returns
Last 1Y | 6.7% |
Last 3Y | 5.1% |
Last 5Y | 4.6% |
Last 10Y | NA |
Since Inception | 4.8% |
6 Month CAGR | 3.3% |
Scheme Information
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.
Expense Ratio | 0.15 |
Launched (6y ago) | Nov 04, 2018 |
AUM in Crores | 5357.210 |
ISIN | INF209KB1ZC3 |
Lock-in | No Lock-in |
Benchmark | CRISIL Liquid Overnight TR INR |
SIP Minimum | 0 |
Lumpsum Min. | 5000 |
Standard Deviation (3yr) | 0.4 |
Standard Deviation (5yr) | 0.4 |
Beta (3yr) | 0 |
Beta (5yr) | 0 |
Sharpe Ratio (3yr) | -22.437 |
Sharpe Ratio (5yr) | -5.382 |
YTM | 6.64 |
Fund Managers
Returns Calculator Comparison
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with step up of
| Asset | Returns | Total Corpus | Gains | CAGR |
|---|---|---|---|---|
| Aditya Birla Sun Life Overnight fund (Growth) | 8,17,924 | 85,312 | 4.6% | |
| 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
reverse repo
80%clearing corporation of india limited
11%hdfc bank limited
4.3%india (republic of)
1.3%91 Days Treasury Bill 02-05-2024
1.1%Comparison with Debt Funds
| Fund Name | Fund Size | Rolling Returns |
|---|---|---|
₹ 4,923 cr | ||
₹ 10,293 cr | ||
₹ 35,428 cr | ||
₹ 13,848 cr | ||
₹ 13,895 cr |
About the AMC
Aditya Birla Sun Life AMC Ltd
| Fund Name | Scripbox Opinion | Till Date CAGR | |
|---|---|---|---|
- | 4.6% | ||
5.8% | 7.4% | ||
5.8% | 6.8% | ||
5.8% | 7.3% | ||
5.8% | 7.1% |
Aditya Birla Sun Life Overnight fund (G) Review
Aditya Birla Sun Life Overnight fund (G) is a Overnight Debt fund and has delivered an annualised return of 4.8% over a period of 5 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 4/22/2024 is ₹1291.84 with the total AUM as of 4/23/2024 is ₹5357.21. 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 Liquid Overnight TR INR.
Aditya Birla Sun Life Overnight fund (G) is rated as a 4 fund in Debt and delivered 6.7% 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)?
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 Top Ranked fund. You can investAditya 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 0.15% for regular plan.