₹ 2,907 Cr
View all 8 analysis
Want the most stable overnight funds for your portfolio?
NAV (Aug 16)
6 Month CAGR
The Fund seeks to offer an investment avenue for short term savings by looking to generate returns in line with the overnight rates
Launched (3y ago)
Jan 19, 2019
AUM in Crores
Nifty 1D Rate Index
with step up of
|Instrument||Returns||Total Corpus||Gains||Annualised %|
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.
cash margin - ccil0.6%
net current assets0.2%
|Fund Name||Fund Size||Rolling Returns|
₹ 38,404 cr
₹ 14,762 cr
₹ 21,845 cr
₹ 13,395 cr
₹ 38,404 cr
IDFC Asset Management Company Limited
IDFC Asset Management Company Limited manages assets worth 122,030 crores and was set up on 20 December 1999. It's current offering of mutual fund schemes includes 33 equity,199 debt and 32 hybrid funds.
|Fund Name||Scripbox Opinion||Till Date CAGR|
IDFC Overnight Fund (RIDCW-M) is a Overnight Debt fund and has delivered an annualised return of 3.4% over a period of 3 years. The fund was previously known as IDFC Overnight Reg Mn DR. The fund is managed by IDFC Asset Management Company Limited. The fund manager’s name is Brijesh Shah.
Nav of IDFC Overnight Fund (RIDCW-M) as of 8/16/2022 is ₹1002.51 with the total AUM as of 8/17/2022 is ₹2907.117. With Scripbox you can compare and check the latest nav for all mutual funds in India. IDFC Overnight Fund (RIDCW-M) was launched on Jan 19, 2019. The category risk of the fund is Low Risk.
The minimum SIP amount for IDFC Overnight Fund (RIDCW-M) 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.
IDFC Overnight Fund (RIDCW-M) 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.
IDFC Overnight Fund (RIDCW-M) is rated as a 3 fund in Debt and delivered 3.6% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with IDFC Overnight Fund (RIDCW-M).
What is IDFC Overnight Fund (RIDCW-M)?
How to invest in IDFC Overnight Fund (RIDCW-M)?
You can invest in IDFC Overnight Fund (RIDCW-M) 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 IDFC Overnight Fund (RIDCW-M)?
The minimum sip amount for IDFC Overnight Fund (RIDCW-M) is ₹1000. You can invest in multiples of ₹5000.
Is IDFC Overnight Fund (RIDCW-M) good to invest in?
As per Scripbox experts, IDFC Overnight Fund (RIDCW-M) is a Neutral fund. You can investIDFC Overnight Fund (RIDCW-M) fund if its investment objective and risk-o-meter matches your investment goals and risk preferences.
What is the expense ratio of the IDFC Overnight Fund (RIDCW-M)?
The expense ratio of the IDFC Overnight Fund (RIDCW-M) is 0.17% for regular plan.