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  • Nippon Mutual Fund
  • Nippon India Overnight Fund (RIDCW-Q)

Formerly Nippon India Overnight Reg Qt DR

Nippon Mutual Fund

Nippon India Overnight Fund (RIDCW-Q)

DebtOvernight

100.3826

NAV (Mar 27)

5.1%
3 Year CAGR
Scripbox Opinion
Not Reviewed yet
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Fund Size

Rolling Returns

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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

100.3826

NAV (Mar 27)

Fund Returns

Last 1Y
6.7%
Last 3Y
5.1%
Last 5Y
4.4%
Last 10Y
NA
Since Inception
4.4%
6 Month CAGR
3.3%

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
0.17
Launched (6y ago)
Dec 18, 2018
AUM in Crores
9871.278
ISIN
INF204KB1R23
Lock-in
No Lock-in
Benchmark
CRISIL Liquid Overnight TR INR
SIP Minimum
1000
Lumpsum Min.
5000
Standard Deviation (3yr)
0.4
Standard Deviation (5yr)
0.5
Beta (3yr)
0
Beta (5yr)
0
Sharpe Ratio (3yr)
-17.658
Sharpe Ratio (5yr)
-2.259
YTM
6.73
Fund Managers

Siddharth Deb

Fund Manager

Anju Chhajer

Fund Manager

Returns Calculator Comparison

of

for

with step up of

AssetReturnsTotal CorpusGainsCAGR
Nippon India Overnight Fund (RIDCW-Q)70%8,13,950 81,3384.4%
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 2024-03-27

Top Debt Holdings

reverse repo

88.6%
88.6%

6.90% corporate bond repo (md 18-03-2024)

3.3%
3.3%

6.85% corporate bond repo (md 18-03-2024)

2%
2%

91 Days Treasury Bill 11-04-2024

1.5%
1.5%

india (republic of)

1.4%
1.4%
See all holdings

Comparison with Debt Funds

Fund NameFund SizeRolling Returns
ICICI Prudential Liquid Fund (G)
ICICI Prudential Liquid Fund (G)

₹ 45,349 cr

₹ 14,455 cr

₹ 13,853 cr

₹ 12,072 cr

₹ 11,011 cr

amc-img

About the AMC

Nippon Life India Asset Management Ltd

Nippon Life India Asset Management Ltd manages assets worth 350,691 crores and was set up on 24 February 1995. It's current offering of mutual fund schemes includes 105 equity,425 debt and 71 hybrid funds.amc-img
phone-img022-33031000
Fund NameScripbox Opinion
Till Date CAGR

5.4%

6.8%

5.4%

6.7%

5.4%

5.7%

5.4%

6.7%

5.4%

5.7%

Nippon India Overnight Fund (RIDCW-Q) Review

Nippon India Overnight Fund (RIDCW-Q) is a Overnight Debt fund and has delivered an annualised return of 4.4% over a period of 5 years. The fund was previously known as Nippon India Overnight Reg Qt DR. 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 (RIDCW-Q) as of 3/27/2024 is ₹100.38 with the total AUM as of 3/28/2024 is ₹9871.278. With Scripbox you can compare and check the latest nav for all mutual funds in India. Nippon India Overnight Fund (RIDCW-Q) was launched on Dec 18, 2018. The category risk of the fund is Low Risk.

The minimum SIP amount for Nippon India Overnight Fund (RIDCW-Q) 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 (RIDCW-Q) 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.

Nippon India Overnight Fund (RIDCW-Q) is rated as a 0 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 Nippon India Overnight Fund (RIDCW-Q).

Frequently Asked Questions

What is Nippon India Overnight Fund (RIDCW-Q)?

Nippon India Overnight Fund (RIDCW-Q) 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 Nippon India Overnight Fund (RIDCW-Q)?

You can invest in Nippon India Overnight Fund (RIDCW-Q) 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 (RIDCW-Q)?

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

Is Nippon India Overnight Fund (RIDCW-Q) good to invest in?

As per Scripbox experts, Nippon India Overnight Fund (RIDCW-Q) is a Not Reviewed Yet fund. You can investNippon India Overnight Fund (RIDCW-Q) 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 (RIDCW-Q)?

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