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.
The performance of the fund on a Fund Size metric has been Satisfactory
The performance of the fund on a Rolling Returns metric has been Satisfactory
NAV (Sep 24)
6 Month CAGR
To provide the investors an opportunity to invest in overnight securities maturing on the next business day
Launched (21y ago)
Oct 01, 2002
AUM in Crores
CRISIL Overnight Index TR INR
Standard Deviation (3yr)
Standard Deviation (5yr)
Sharpe Ratio (3yr)
Sharpe Ratio (5yr)
with step up of
|SBI Overnight Fund (Growth)||8,17,924||85,312||4.6%|
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.
net receivable / payable0.5%
182 Days Treasury Bill 22-09-20230.1%
SBI Funds Management Ltd
|Fund Name||Scripbox Opinion||Till Date CAGR|
SBI Overnight Fund (G) is a Overnight Debt fund and has delivered an annualised return of 6.5% over a period of 20 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 9/24/2023 is ₹3721.15 with the total AUM as of 9/24/2023 is ₹18114.559. 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 6.3% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with SBI Overnight Fund (G).
What is SBI Overnight Fund (G)?
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 0.18% for regular plan.