• Mutual Funds
  • Sundaram Mutual Fund
  • Sundaram Overnight Fund (Growth)
Sundaram Mutual Fund

Sundaram Overnight Fund (Growth)

DebtOvernight
Top Ranked

1278.463

NAV (May 26)

5.2%
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

Neutral

The performance of the fund on a Fund Size metric has been Neutral

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

1278.463

NAV (May 26)

Fund Returns

Last 1Y
6.7%
Last 3Y
5.2%
Last 5Y
4.7%
Last 10Y
NA
Since Inception
4.9%
6 Month CAGR
3.3%

Scheme Information

Investment Objective

To generate income by investing in debt,money market instruments,cash and cash equivalents with overnight maturity / maturing in one business day. No Guarantee/Assurance: Investors are neither being offered any guaranteed/indicated returns nor any guarantee on repayment of capital by the Schemes. There is also no guarantee of capital or return either by the mutual fund or by the sponsor or by the Asset management Company.

Expense Ratio
0.18
Launched (5y ago)
Mar 20, 2019
AUM in Crores
849.473
ISIN
INF903JA1GZ7
Lock-in
No Lock-in
Benchmark
Nifty 1D Rate TR INR
SIP Minimum
0
Lumpsum Min.
5000
Standard Deviation (3yr)
0.4
Standard Deviation (5yr)
0.4
Beta (3yr)
0
Beta (5yr)
0
Sharpe Ratio (3yr)
-17.113
Sharpe Ratio (5yr)
-5.75
YTM
6.66
Fund Managers

Sandeep Agarwal

Fund Manager

Dwijendra Srivastava

Fund Manager

Important Links

Scheme Information Document

Statement of Additional Information

Portfolio Disclosure

Returns Calculator Comparison

of

for

with step up of

AssetReturnsTotal CorpusGainsCAGR
Sundaram 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 2024-05-26

Top Debt Holdings

reverse repo

60%
60%

treps

34.6%
34.6%

india (republic of)

2.3%
2.3%

91 Days Treasury Bill 23-05-2024

1.2%
1.2%

cash and other net current assets^

0.7%
0.7%
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)

₹ 10,779 cr

₹ 4,984 cr

₹ 49,300 cr

₹ 14,459 cr

₹ 14,796 cr

amc-img

About the AMC

Sundaram Asset Management Company Ltd

Sundaram Asset Management Company Ltd manages assets worth 75,396 crores and was set up on 26 February 1996. It's current offering of mutual fund schemes includes 166 equity,239 debt and 45 hybrid funds.amc-img
phone-img044-28583362
Fund NameScripbox Opinion
Till Date CAGR

12.3%

8.8%

20.6%

20.7%

5.2%

4.9%

20.5%

13.2%

20%

%

Sundaram Overnight Fund (G) Review

Sundaram Overnight Fund (G) is a Overnight Debt fund and has delivered an annualised return of 4.9% over a period of 5 years. The fund is managed by Sundaram Asset Management Company Ltd. The fund managers are Dwijendra Srivastava, Sandeep Agarwal.

Nav of Sundaram Overnight Fund (G) as of 5/26/2024 is ₹1278.46 with the total AUM as of 5/27/2024 is ₹849.473. With Scripbox you can compare and check the latest nav for all mutual funds in India. Sundaram Overnight Fund (G) was launched on Mar 20, 2019. The category risk of the fund is Low Risk.

The minimum SIP amount for Sundaram Overnight Fund (G) 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.

Sundaram 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 Nifty 1D Rate TR INR.

Sundaram 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 Sundaram Overnight Fund (G).

Frequently Asked Questions

What is Sundaram Overnight Fund (G)?

Sundaram 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 Sundaram Overnight Fund (G)?

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

The minimum sip amount for Sundaram Overnight Fund (G) is ₹0. You can invest in multiples of ₹5000.

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

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

The expense ratio of the Sundaram Overnight Fund (G) is 0.18% for regular plan.