- Mutual Funds
- Tata Mutual Fund
- Tata Overnight Fund Direct Growth
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.
Scheme Information
The scheme seeks to generate returns commensurate with low risk and providing high level of liquidity, through investments made primarily in overnight securities having maturity of 1 business day.
Expense Ratio | 0.06 % |
Launched 5Y ago | 2019-03-27 |
AUM in Crores | 3610.1 |
ISIN | INF277K018T5 |
Lock-in (days) | No Lock-in |
Benchmark | CRISIL Liquid Overnight AI Index |
SIP Minimum | 1000 |
Lumpsum Min. | 5000 |
Standard Deviation | 0.3 |
Beta | 0.5 |
Sharpe Ratio | -0.2 |
YTM | - |
Fund Managers
Asset allocation and Holdings
Top Debt Holdings
Others
94.98%Reserve Bank of India
2.52%Reserve Bank of India
1.82%Reserve Bank of India
0.7%Others
-0.02%
Comparison with Debt Funds
| Fund Name | Fund Size | |
|---|---|---|
₹ 4,714 cr | ||
₹ 4,444 cr | ||
₹ 15,117 cr | ||
₹ 12,517 cr | ||
₹ 55,112 cr |
