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

Formerly Reliance Overnight Reg Gr

Nippon Mutual Fund

Nippon India Overnight Fund (Growth)

DebtOvernight

114.8021

NAV (Jun 26)

4%
Till Date CAGR
Scripbox Opinion
Neutral
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.

Our analysis of this fundLearn how we rate funds ->

Track Record

4 Years. The Fund has a Short history for analysis. We recommend funds with longer history.

Relative Size

11,538 Cr. Large within the category

Impact of Interest Rate Changes

Lowest Interest Rate Risk. The impact on fund value is very low when interest rates change

Credit Quality Of Fund's Portfolio

Lowest Credit Risk. The fund has a very high credit quality compared to other debt funds

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

114.8021

NAV (Jun 26)

Fund Returns

Last 1Y

3.4%

Last 3Y

3.6%

Last 5Y

NA

Last 10Y

NA

Since Inception

4%

6 Month CAGR

1.8%

Scheme Information

Investment Objective

To generate optimal returns with low risk and high liquidity by investing in debt and money market instruments with overnight maturity. However,there can be no assurance or guarantee that the investment objective of the scheme will be achieved.

Expense Ratio

0.16

Launched (4y ago)

Dec 18, 2018

AUM in Crores

11537.636

ISIN

INF204KB1Q65

Lock-in

No Lock-in

Benchmark

CRISIL Overnight Index TR INR

SIP Minimum

1000

Lumpsum Min.

5000

Fund Managers

Siddharth Deb

Fund Manager

Anju Chhajer

Fund Manager

Returns Calculator Comparison

of

for

with step up of

InstrumentReturnsTotal CorpusGainsAnnualised %
Mutual Fund70%965,796 233,18411.25%
EPF70% 900,761 168,1498.50%
Property70% 867,662 135,0507.00%
PPF70% 869,819 137,2077.10%
Bank FD70% 846,471 113,8596.00%
Gold70% 846,471 113,8596.00%
Savings Bank70% 825,950 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 2022-06-26

Top Debt Holdings

triparty repo

89.1%
89.1%

reverse repo

8.3%
8.3%

india (republic of)

1.7%
1.7%

91 Days Treasury Bill 16-06-2022

0.8%
0.8%

cash margin - ccil

0%
0%
See all holdings

Comparison with Debt Funds

Fund NameScripbox OpinionFund SizeTrack Record
ICICI Prudential Liquid Fund (G)
ICICI Prudential Liquid Fund (G)

₹ 44,308 cr

5

₹ 14,441 cr

5

₹ 18,739 cr

5

₹ 12,059 cr

5

₹ 44,308 cr

5

About the AMC

Nippon Life India Asset Management Ltd

Nippon Life India Asset Management Ltd manages assets worth 238,005 crores and was set up on 24 February 1995. It's current offering of mutual fund schemes includes 99 equity,369 debt and 37 hybrid funds.

amc-img

  • 022-33031000
  • customer_care@reliancemutual.com
  • Fund NameScripbox Opinion
    Till Date CAGR

    13.9%

    15.1%

    4.2%

    6.9%

    4%

    6.7%

    13.5%

    16.8%

    4%

    5.6%

    Investment Calculator

    Investment Duration5 years

    0

    Total Investment

    0

    Wealth Gained

    0

    Total Corpus Created (₹)

    With CAGR of 11.25 % in 5 years

    Nippon India Overnight Fund (G) Review

    Nippon India Overnight Fund (G) is a Overnight Debt fund and has delivered an annualised return of 4% over a period of 3 years. The fund was previously known as Reliance Overnight Reg Gr. The fund is managed by Nippon Life India Asset Management Ltd. The fund managers are Anju Chhajer, Siddharth Deb.

    Nav of Nippon India Overnight Fund (G) as of 6/26/2022 is ₹114.80 with the total AUM as of 6/26/2022 is ₹11537.636. With Scripbox you can compare and check the latest nav for all mutual funds in India. Nippon India Overnight Fund (G) was launched on Dec 18, 2018. The category risk of the fund is Low Risk.

    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 Overnight Index TR INR.

    Nippon India Overnight Fund (G) is rated as a 3 fund in Debt and delivered 3.4% 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 Overnight Debt scheme predominantly investing across Debt stocks 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 Neutral 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 0.16% for regular plan.