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  • SBI Overnight Fund (RIDCW-M)

Formerly SBI Magnum Insta Cash Liq Flt Reg Dl DR

SBI Mutual Fund

SBI Overnight Fund (RIDCW-M)

DebtOvernight
Top Ranked

1222.1298

NAV (Jun 17)

5.3%
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

Category Leader

The fund has been a Category Leader on the Fund Size metric

Rolling Returns

Category Leader

The fund has been a Category Leader on the Rolling Returns metric

Invest in this fund
Scripbox Recommended Overnight Funds
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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

1222.1298

NAV (Jun 17)

Fund Returns

Last 1Y
6.7%
Last 3Y
5.3%
Last 5Y
4.7%
Last 10Y
5.7%
Since Inception
6.5%
6 Month CAGR
3.3%

Scheme Information

Investment Objective

To provide the investors an opportunity to invest in overnight securities maturing on the next business day

Expense Ratio
0.15
Launched (14y ago)
Nov 23, 2010
AUM in Crores
15032.538
ISIN
INF200K01LN6
Lock-in
No Lock-in
Benchmark
CRISIL Overnight Index TR INR
SIP Minimum
0
Lumpsum Min.
5000
Standard Deviation (3yr)
0.4
Standard Deviation (5yr)
0.5
Beta (3yr)
0
Beta (5yr)
0
Sharpe Ratio (3yr)
-26.433
Sharpe Ratio (5yr)
-3.425
YTM
6.63
Fund Managers

R. Arun

Fund Manager

Important Links

Scheme Information Document

Statement of Additional Information

Portfolio Disclosure

Returns Calculator Comparison

of

for

with step up of

AssetReturnsTotal CorpusGainsCAGR
SBI Overnight Fund (RIDCW-M)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 2024-06-17

Top Debt Holdings

treps

57.3%
57.3%

reverse repo

41.1%
41.1%

india (republic of)

1.7%
1.7%

net receivable / payable

0%
0%
See all holdings

Comparison with Debt Funds

Fund NameFund SizeRolling Returns
Aditya Birla Sun Life Nifty SDL Plus PSU Bond Sep 26 60 40 fund (G)
Aditya Birla Sun Life Nifty SDL Plus PSU Bond Sep 26 60 40 fund (G)

₹ 10,797 cr

₹ 5,001 cr

₹ 46,422 cr

₹ 14,535 cr

₹ 15,157 cr

amc-img

About the AMC

SBI Funds Management Ltd

SBI Funds Management Ltd manages assets worth 691,539 crores and was set up on 7 February 1992. It's current offering of mutual fund schemes includes 90 equity,230 debt and 41 hybrid funds.amc-img
phone-img022-61793000
email-img
Fund NameScripbox Opinion
Till Date CAGR

5.3%

6.5%

20.7%

18.3%

16.3%

12.5%

25.2%

17%

27.6%

13.9%

SBI Overnight Fund (RIDCW-M) Review

SBI Overnight Fund (RIDCW-M) is a Overnight Debt fund and has delivered an annualised return of 4.7% over a period of 13 years. The fund was previously known as SBI Magnum Insta Cash Liq Flt Reg Dl DR. The fund is managed by SBI Funds Management Ltd. The fund manager’s name is R. Arun.

Nav of SBI Overnight Fund (RIDCW-M) as of 6/17/2024 is ₹1222.13 with the total AUM as of 6/18/2024 is ₹15032.538. With Scripbox you can compare and check the latest nav for all mutual funds in India. SBI Overnight Fund (RIDCW-M) was launched on Nov 23, 2010. The category risk of the fund is Low Risk.

The minimum SIP amount for SBI Overnight Fund (RIDCW-M) is ₹0 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.

SBI 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 CRISIL Overnight Index TR INR.

SBI Overnight Fund (RIDCW-M) is rated as a 4 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 SBI Overnight Fund (RIDCW-M).

Frequently Asked Questions

What is SBI Overnight Fund (RIDCW-M)?

SBI Overnight Fund (RIDCW-M) 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 SBI Overnight Fund (RIDCW-M)?

You can invest in SBI 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 SBI Overnight Fund (RIDCW-M)?

The minimum sip amount for SBI Overnight Fund (RIDCW-M) is ₹0. You can invest in multiples of ₹5000.

Is SBI Overnight Fund (RIDCW-M) good to invest in?

As per Scripbox experts, SBI Overnight Fund (RIDCW-M) is a Top Ranked fund. You can investSBI 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 SBI Overnight Fund (RIDCW-M)?

The expense ratio of the SBI Overnight Fund (RIDCW-M) is 0.15% for regular plan.