However, Scripbox does not recommend investing in 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.
3 Years. The Fund has a Short history for analysis. We recommend funds with longer history.
653 Cr. Small within the category
Impact of Interest Rate Changes
Lowest Interest Rate Risk. The impact on fund value is very low when interest rates change
Credit Quality Of Fund's Portfolio
Lowest Credit Risk. The fund has a very high credit quality compared to other debt funds
NAV (Jun 27)
6 Month CAGR
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.
Launched (3y ago)
Mar 20, 2019
AUM in Crores
Nifty 1D Rate TR INR
with step up of
|Instrument||Returns||Total Corpus||Gains||Annualised %|
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.
91 Days Treasury Bill 13-07-20220.8%
cash and other net current assets^0.2%
|Fund Name||Scripbox Opinion||Fund Size||Track Record|
₹ 44,308 cr
₹ 14,441 cr
₹ 18,739 cr
₹ 12,059 cr
₹ 44,308 cr
Sundaram Asset Management Company Ltd
Sundaram Asset Management Company Ltd manages assets worth 52,588 crores and was set up on 26 February 1996. It's current offering of mutual fund schemes includes 160 equity,232 debt and 52 hybrid funds.
|Fund Name||Scripbox Opinion||Till Date CAGR|
Sundaram Overnight Fund (G) is a Overnight Debt fund and has delivered an annualised return of 4% over a period of 3 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 6/27/2022 is ₹1136.91 with the total AUM as of 6/28/2022 is ₹652.901. 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 3 fund in Debt and delivered 3.3% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with Sundaram Overnight Fund (G).
What is Sundaram Overnight Fund (G)?
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 Neutral 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 0.21% for regular plan.