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  • Tata Overnight Fund (Growth)
TATA Mutual Fund

Tata Overnight Fund (Growth)

DebtOvernight
Top Ranked

1275.1894

NAV (Jun 24)

5.3%
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

1275.1894

NAV (Jun 24)

Fund Returns

Last 1Y
6.7%
Last 3Y
5.3%
Last 5Y
4.7%
Last 10Y
NA
Since Inception
4.7%
6 Month CAGR
3.3%

Scheme Information

Investment Objective

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
3215.937
ISIN
INF277K016T9
Lock-in
No Lock-in
Benchmark
CRISIL Liquid Overnight TR INR
SIP Minimum
1000
Lumpsum Min.
5000
Standard Deviation (3yr)
0.4
Standard Deviation (5yr)
0.4
Beta (3yr)
0
Beta (5yr)
0
Sharpe Ratio (3yr)
-25.317
Sharpe Ratio (5yr)
-5.447
YTM
6.71
Fund Managers

Amit Somani

Fund Manager

Important Links

Scheme Information Document

Statement of Additional Information

Portfolio Disclosure

Returns Calculator Comparison

of

for

with step up of

AssetReturnsTotal CorpusGainsCAGR
Tata 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 2024-06-24

Top Debt Holdings

c) repo

97.7%
97.7%

6.69% govt stock 2024

1.6%
1.6%

india (republic of)

0.8%
0.8%

net current liabilities

0.4%
0.4%

182 Days Treasury Bill 11-07-2024

0.3%
0.3%
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)

₹ 10,612 cr

₹ 5,017 cr

₹ 47,907 cr

₹ 14,537 cr

₹ 15,157 cr

amc-img

About the AMC

Tata Asset Management Limited

Tata Asset Management Limited manages assets worth 155,209 crores and was set up on 15 March 1994. It's current offering of mutual fund schemes includes 71 equity,114 debt and 17 hybrid funds.amc-img
phone-img022-66578282
Fund NameScripbox Opinion
Till Date CAGR

28.3%

27.5%

12.8%

13.2%

19.5%

19%

6%

6.7%

17.8%

19.6%

Tata Overnight Fund (G) Review

Tata Overnight Fund (G) is a Overnight Debt fund and has delivered an annualised return of 4.7% over a period of 5 years. The fund is managed by Tata Asset Management Limited. The fund manager’s name is Amit Somani.

Nav of Tata Overnight Fund (G) as of 6/24/2024 is ₹1275.19 with the total AUM as of 6/25/2024 is ₹3215.937. With Scripbox you can compare and check the latest nav for all mutual funds in India. Tata Overnight Fund (G) was launched on Mar 27, 2019. The category risk of the fund is Low Risk.

The minimum SIP amount for Tata Overnight Fund (G) 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 (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 Liquid Overnight TR INR.

Tata 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 Tata Overnight Fund (G).

Frequently Asked Questions

What is Tata Overnight Fund (G)?

Tata 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 Tata Overnight Fund (G)?

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

The minimum sip amount for Tata Overnight Fund (G) is ₹1000. You can invest in multiples of ₹5000.

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

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

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