- Mutual Funds
- SBI Mutual Fund
- SBI Overnight Fund (Growth)
Formerly SBI Magnum Insta Cash Liq Flt Reg Gr
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.
Investment Calculator
Investment Duration5 years
0
Total Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 yearsHistorical NAV
₹ 3721.1512
NAV (Sep 24)
Fund Returns
Last 1Y | 6.3% |
Last 3Y | 4.4% |
Last 5Y | 4.6% |
Last 10Y | 5.9% |
Since Inception | 6.5% |
6 Month CAGR | 3.3% |
Scheme Information
To provide the investors an opportunity to invest in overnight securities maturing on the next business day
Expense Ratio | 0.18 |
Launched (21y ago) | Oct 01, 2002 |
AUM in Crores | 18114.559 |
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) | -11.071 |
Sharpe Ratio (5yr) | -5.614 |
YTM | 6.63 |
Fund Managers
Returns Calculator Comparison
of
for
with step up of
| Asset | Returns | Total Corpus | Gains | CAGR |
|---|---|---|---|---|
| SBI Overnight Fund (Growth) | 8,17,924 | 85,312 | 4.6% | |
| EPF | 9,00,761 | 1,68,149 | 8.50% | |
| Property | 8,67,662 | 1,35,050 | 7.00% | |
| PPF | 8,69,819 | 1,37,207 | 7.10% | |
| Bank FD | 8,46,471 | 1,13,859 | 6.00% | |
| Gold | 8,46,471 | 1,13,859 | 6.00% | |
| Savings Bank | 8,25,950 | 93,338 | 5.00% |
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
Top Debt Holdings
treps
77.6%reverse repo
21.7%net receivable / payable
0.5%182 Days Treasury Bill 22-09-2023
0.1%Comparison with Debt Funds
| Fund Name | Fund Size | Rolling Returns |
|---|---|---|
₹ 44,468 cr | ||
₹ 18,357 cr | ||
₹ 10,408 cr | ||
₹ 14,357 cr | ||
₹ 9,121 cr |
About the AMC
SBI Funds Management Ltd
| Fund Name | Scripbox Opinion | Till Date CAGR | |
|---|---|---|---|
4.4% | 6.5% | ||
28.9% | 17.5% | ||
33.3% | 15.8% | ||
23.5% | 11.8% | ||
4.6% | 6.9% |
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 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).
Frequently Asked Questions
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.