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  • Bandhan Overnight Fund (Growth)

Formerly IDFC Overnight Reg Gr

Bandhan Mutual Funds

Bandhan Overnight Fund (Growth)

DebtOvernight

1281.5595

NAV (May 23)

5.2%
3 Year CAGR
Scripbox Opinion
Neutral
Click here for top ranked funds in overnight mutual funds.

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.

Our analysis of this fundLearn how we rate funds ->

Fund Size

Neutral

The performance of the fund on a Fund Size metric has been Neutral

Rolling Returns

Good

The performance of the fund on a Rolling Returns metric has been Good

Scripbox Recommended Overnight Funds
Want the most stable overnight funds for your portfolio?Learn more

Investment Calculator

Investment Duration5 years

0

Total Investment

0

Wealth Gained

0

Total Corpus Created (₹)

With CAGR of 11.25 % in 5 years

Historical NAV

1281.5595

NAV (May 23)

Fund Returns

Last 1Y
6.7%
Last 3Y
5.2%
Last 5Y
4.6%
Last 10Y
NA
Since Inception
4.7%
6 Month CAGR
3.3%

Scheme Information

Investment Objective

The Fund seeks to offer an investment avenue for short term savings by looking to generate returns in line with the overnight rates.

Expense Ratio
0.15
Launched (5y ago)
Jan 19, 2019
AUM in Crores
1362.173
ISIN
INF194KB1314
Lock-in
No Lock-in
Benchmark
Nifty 1D Rate Index
SIP Minimum
1000
Lumpsum Min.
5000
Standard Deviation (3yr)
0.4
Standard Deviation (5yr)
0.4
Beta (3yr)
0
Beta (5yr)
0
Sharpe Ratio (3yr)
-26.906
Sharpe Ratio (5yr)
-5.124
YTM
6.68
Fund Managers

Sreejith Balasubramanian

Fund Manager

Brijesh Shah

Fund Manager

Important Links

Scheme Information Document

Statement of Additional Information

Portfolio Disclosure

Returns Calculator Comparison

of

for

with step up of

AssetReturnsTotal CorpusGainsCAGR
Bandhan Overnight Fund (Growth)70%8,17,924 85,3124.6%
EPF70% 9,00,761 1,68,1498.50%
Property70% 8,67,662 1,35,0507.00%
PPF70% 8,69,819 1,37,2077.10%
Bank FD70% 8,46,471 1,13,8596.00%
Gold70% 8,46,471 1,13,8596.00%
Savings Bank70% 8,25,950 93,3385.00%

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

Last updated on 2024-05-23

Top Debt Holdings

reverse repo

88.7%
88.7%

triparty repo

7.1%
7.1%

91 Days Treasury Bill 02-05-2024

2.2%
2.2%

india (republic of)

0.7%
0.7%

net current assets

0.7%
0.7%
See all holdings

Comparison with Debt Funds

Fund NameFund SizeRolling Returns
Bandhan CRISIL IBX Gilt April 2028 Index fund (G)
Bandhan CRISIL IBX Gilt April 2028 Index fund (G)

₹ 4,984 cr

₹ 10,779 cr

₹ 49,300 cr

₹ 14,459 cr

₹ 14,796 cr

amc-img

About the AMC

Bandhan Mutual Fund

Bandhan Asset Management Company Limited manages assets worth 145,081 crores and was set up on 20 December 1999. It's current offering of mutual fund schemes includes 38 equity,214 debt and 27 hybrid funds.amc-img
phone-img022-66289999
Fund NameScripbox Opinion
Till Date CAGR

5.1%

5.4%

1.3%

1.8%

1.3%

1.8%

1.3%

1.8%

25%

17.7%

Bandhan Overnight Fund (G) Review

Bandhan Overnight Fund (G) is a Overnight Debt fund and has delivered an annualised return of 4.7% over a period of 5 years. The fund was previously known as IDFC Overnight Reg Gr. The fund is managed by Bandhan Asset Management Company Limited. The fund managers are Brijesh Shah, Sreejith Balasubramanian.

Nav of Bandhan Overnight Fund (G) as of 5/23/2024 is ₹1281.56 with the total AUM as of 5/24/2024 is ₹1362.173. With Scripbox you can compare and check the latest nav for all mutual funds in India. Bandhan Overnight Fund (G) was launched on Jan 19, 2019. The category risk of the fund is Low Risk.

The minimum SIP amount for Bandhan Overnight Fund (G) is ₹1000 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.

Bandhan 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 Nifty 1D Rate Index.

Bandhan Overnight Fund (G) is rated as a 3 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 Bandhan Overnight Fund (G).

Frequently Asked Questions

What is Bandhan Overnight Fund (G)?

Bandhan Overnight Fund (G) is a Overnight Debt scheme predominantly investing across Debt instruments with an investment objective to generate wealth over the long term.

How to invest in Bandhan Overnight Fund (G)?

You can invest in Bandhan 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 Bandhan Overnight Fund (G)?

The minimum sip amount for Bandhan Overnight Fund (G) is ₹1000. You can invest in multiples of ₹5000.

Is Bandhan Overnight Fund (G) good to invest in?

As per Scripbox experts, Bandhan Overnight Fund (G) is a Neutral fund. You can investBandhan 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 Bandhan Overnight Fund (G)?

The expense ratio of the Bandhan Overnight Fund (G) is 0.15% for regular plan.