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  • Nippon India Mutual Fund
  • Nippon India Overnight Fund (G)
Nippon Mutual Fund

Nippon India Overnight Fund (G)

DebtOvernight
Top Ranked

131.7142

NAV (Sep 14)

5.619%
3 Year CAGR
Scripbox Opinion
Top Ranked
These are the top-ranked funds within 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.

Our analysis of this fundLearn how we rate funds ->

Fund Size

Satisfactory

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

Category Leader

The fund has been a Category Leader on the Consistency of Credit Quality metric

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

131.7142

NAV (Sep 14)

Fund Returns

Last 1Y
6.7%
Last 3Y
5.6%
Last 5Y
4.8%
Last 10Y
NA
Since Inception
4.9%
6 Month CAGR
3.3%

Scheme Information

Investment Objective

The scheme seeks to generate optimal returns with low risk and high liquidity by investing in debt and money market instruments with overnight maturity.

Expense Ratio
0.17
Launched (0y ago)
0.17
AUM in Crores
8498.9
ISIN
INF204KB1Q65
Lock-in
Benchmark
CRISIL Liquid Overnight Index
SIP Minimum
1000
Lumpsum Min.
5000
Standard Deviation (3yr)
Standard Deviation
0.4
Beta
0.7
Sharpe Ratio
-0.5
YTM
Fund Managers

Anju Chhajer

Fund Manager

Siddharth Deb

Fund Manager

Important Links

Scheme Information Document

Statement of Additional Information

Portfolio Disclosure

Returns Calculator Comparison

of

for

with step up of

AssetReturnsTotal CorpusGainsCAGR
Nippon India Overnight Fund (G)70%8,20,962 88,3504.8%
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 2024-05-17

Top Debt Holdings

Others

87.7%
87.73%

Others

4%
4.04%

Others

2.2%
2.2%

Reserve Bank of India

1.3%
1.26%

Reserve Bank of India

1.3%
1.26%
See all holdings

Comparison with Debt Funds

Fund NameFund Size
Kotak Nifty SDL Apr 2027 Top 12 Equal Weight Index Fund (G)
Kotak Nifty SDL Apr 2027 Top 12 Equal Weight Index Fund (G)

₹ 8,093 cr

₹ 15,209 cr

₹ 4,457 cr

₹ 9,577 cr

₹ 13,722 cr

amc-img

About the AMC

Nippon India Mutual Fund

Reliance Nippon India Mutual Fund was established in 1996. It is a joint venture between India's Reliance Mutual Fund and Japan's Nippon Life Insurance Company. It is india's top asset management company with a total AUM of Rs 1.8 Lac Crore with about 91.9 lac active folios. It is the first compnay to be listed and traded on both the NSE and Bombay Stock Exchange (BSE).amc-img
Fund NameScripbox Opinion
Till Date CAGR

5.898%

6.868%

6.716%

8.9%

18.619%

21.078%

22.617%

13.729%

14.38%

8.061%

Nippon India Overnight Fund (G) Review

Nippon India Overnight Fund (G) is a Debt Debt fund and has delivered an annualised return of 4.911% over a period of 5 years. The fund is managed by Nippon India Mutual Fund. The fund manager’s name is [object Object],[object Object].

Nav of Nippon India Overnight Fund (G) as of 9/14/2024 is ₹131.71 with the total AUM as of 9/15/2024 is ₹8498.9315. With Scripbox you can compare and check the latest nav for all mutual funds in India. Nippon India Overnight Fund (G) was launched on 2018-12-18. The category risk of the fund is null.

The minimum SIP amount for Nippon India 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.

Nippon India 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 Index.

Nippon India Overnight Fund (G) is rated as a 4 fund in Debt and delivered 6.724% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with Nippon India Overnight Fund (G).

Frequently Asked Questions

What is Nippon India Overnight Fund (G)?

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

How to invest in Nippon India Overnight Fund (G)?

You can invest in Nippon India 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 Nippon India Overnight Fund (G)?

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

Is Nippon India Overnight Fund (G) good to invest in?

As per Scripbox experts, Nippon India Overnight Fund (G) is a 4 fund. You can investNippon India 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 Nippon India Overnight Fund (G)?

The expense ratio of the Nippon India Overnight Fund (G) is 0.17% for regular plan.