- Mutual Funds
- TATA Mutual Fund
- Tata Overnight Fund (RIDCW-D)
Formerly Tata Overnight Reg Dl DR
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
₹ 1000.0001
NAV (Apr 22)
Fund Returns
Last 1Y | 5.9% |
Last 3Y | 4.7% |
Last 5Y | 3.9% |
Last 10Y | NA |
Since Inception | 3.9% |
6 Month CAGR | 2.8% |
Scheme Information
The objective of the scheme is to seek 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. However,there is no assurance or guarantee that the investment objective of the Scheme will be achieved. The scheme does not assure or guarantee any returns.
Expense Ratio | 0.18 |
Launched (5y ago) | Mar 27, 2019 |
AUM in Crores | 1705.681 |
ISIN | INF277K017T7 |
Lock-in | No Lock-in |
Benchmark | CRISIL Liquid Overnight TR INR |
SIP Minimum | 1000 |
Lumpsum Min. | 5000 |
Standard Deviation (3yr) | 0.5 |
Standard Deviation (5yr) | 0.5 |
Beta (3yr) | 0 |
Beta (5yr) | 0 |
Sharpe Ratio (3yr) | -3.952 |
Sharpe Ratio (5yr) | -3.315 |
YTM | 6.46 |
Fund Managers
Returns Calculator Comparison
of
for
with step up of
| Asset | Returns | Total Corpus | Gains | CAGR |
|---|---|---|---|---|
| Tata Overnight Fund (RIDCW-D) | 8,04,124 | 71,512 | 3.9% | |
| 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
c) repo
70.6%(b) treps
26.1%91 Days Treasury Bill 25-04-2024
3.2%cash / net current asset
0%Comparison with Debt Funds
| Fund Name | Fund Size | Rolling Returns |
|---|---|---|
₹ 4,923 cr | ||
₹ 10,293 cr | ||
₹ 35,428 cr | ||
₹ 13,848 cr | ||
₹ 13,895 cr |
About the AMC
Tata Asset Management Limited
| Fund Name | Scripbox Opinion | Till Date CAGR | |
|---|---|---|---|
31.8% | 25.6% | ||
13% | 12.8% | ||
20.9% | 18.3% | ||
5.8% | 6.7% | ||
18.6% | 19.4% |
Tata Overnight Fund (RIDCW-D) Review
Tata Overnight Fund (RIDCW-D) is a Overnight Debt fund and has delivered an annualised return of 3.9% over a period of 5 years. The fund was previously known as Tata Overnight Reg Dl DR. The fund is managed by Tata Asset Management Limited. The fund manager’s name is Amit Somani.
Nav of Tata Overnight Fund (RIDCW-D) as of 4/22/2024 is ₹1000.00 with the total AUM as of 4/23/2024 is ₹1705.681. With Scripbox you can compare and check the latest nav for all mutual funds in India. Tata Overnight Fund (RIDCW-D) was launched on Mar 27, 2019. The category risk of the fund is Low Risk.
The minimum SIP amount for Tata Overnight Fund (RIDCW-D) is ₹1000 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.
Tata Overnight Fund (RIDCW-D) 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 Liquid Overnight TR INR.
Tata Overnight Fund (RIDCW-D) is rated as a 4 fund in Debt and delivered 5.9% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with Tata Overnight Fund (RIDCW-D).
Frequently Asked Questions
What is Tata Overnight Fund (RIDCW-D)?
How to invest in Tata Overnight Fund (RIDCW-D)?
You can invest in Tata Overnight Fund (RIDCW-D) 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 Tata Overnight Fund (RIDCW-D)?
The minimum sip amount for Tata Overnight Fund (RIDCW-D) is ₹1000. You can invest in multiples of ₹5000.
Is Tata Overnight Fund (RIDCW-D) good to invest in?
As per Scripbox experts, Tata Overnight Fund (RIDCW-D) is a Top Ranked fund. You can investTata Overnight Fund (RIDCW-D) fund if its investment objective and risk-o-meter matches your investment goals and risk preferences.
What is the expense ratio of the Tata Overnight Fund (RIDCW-D)?
The expense ratio of the Tata Overnight Fund (RIDCW-D) is 0.18% for regular plan.