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  • SBI Overnight Fund (Growth)

Formerly SBI Magnum Insta Cash Liq Flt Reg Gr

SBI Mutual Fund

SBI Overnight Fund (Growth)

DebtOvernight
Top Ranked

3861.1239

NAV (Apr 18)

5.1%
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

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

3861.1239

NAV (Apr 18)

Fund Returns

Last 1Y
6.7%
Last 3Y
5.1%
Last 5Y
4.7%
Last 10Y
5.8%
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 (22y ago)
Oct 01, 2002
AUM in Crores
14332.166
ISIN
INF200K01LQ9
Lock-in
No Lock-in
Benchmark
CRISIL Overnight Index TR INR
SIP Minimum
2000
Lumpsum Min.
5000
Standard Deviation (3yr)
0.4
Standard Deviation (5yr)
0.4
Beta (3yr)
0
Beta (5yr)
0
Sharpe Ratio (3yr)
-25.815
Sharpe Ratio (5yr)
-5.539
YTM
6.68
Fund Managers

R. Arun

Fund Manager

Returns Calculator Comparison

of

for

with step up of

AssetReturnsTotal CorpusGainsCAGR
SBI Overnight Fund (Growth)70%8,19,921 87,3094.7%
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 2024-04-18

Top Debt Holdings

reverse repo

87.2%
87.2%

treps

12.8%
12.8%

net receivable / payable

0%
0%
See all holdings

Comparison with Debt Funds

Fund NameFund SizeRolling Returns
Bandhan CRISIL IBX Gilt April 2028 Index fund (G)
Bandhan CRISIL IBX Gilt April 2028 Index fund (G)

₹ 4,923 cr

₹ 10,293 cr

₹ 35,428 cr

₹ 13,848 cr

₹ 13,895 cr

amc-img

About the AMC

SBI Funds Management Ltd

SBI Funds Management Ltd manages assets worth 633,964 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

5.1%

6.5%

22%

17.8%

15.6%

12.1%

25.5%

16.3%

27.4%

13.3%

SBI Overnight Fund (G) Review

SBI Overnight Fund (G) is a Overnight Debt fund and has delivered an annualised return of 6.5% over a period of 21 years. The fund was previously known as SBI Magnum Insta Cash Liq Flt Reg Gr. The fund is managed by SBI Funds Management Ltd. The fund manager’s name is R. Arun.

Nav of SBI Overnight Fund (G) as of 4/18/2024 is ₹3861.12 with the total AUM as of 4/19/2024 is ₹14332.166. With Scripbox you can compare and check the latest nav for all mutual funds in India. SBI Overnight Fund (G) was launched on Oct 01, 2002. The category risk of the fund is Low Risk.

The minimum SIP amount for SBI Overnight Fund (G) is ₹2000 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 (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.

SBI Overnight Fund (G) 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 (G).

Frequently Asked Questions

What is SBI Overnight Fund (G)?

SBI Overnight Fund (G) 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 (G)?

You can invest in SBI 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 SBI Overnight Fund (G)?

The minimum sip amount for SBI Overnight Fund (G) is ₹2000. You can invest in multiples of ₹5000.

Is SBI Overnight Fund (G) good to invest in?

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

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