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.
3,409 Cr. Large 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 24)
6 Month CAGR
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.
Launched (3y ago)
Mar 27, 2019
AUM in Crores
CRISIL Overnight Index 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.
cash / net current asset0.3%
|Fund Name||Scripbox Opinion||Fund Size||Track Record|
₹ 44,308 cr
₹ 14,441 cr
₹ 18,739 cr
₹ 12,059 cr
₹ 44,308 cr
Tata Asset Management Limited
Tata Asset Management Private Limited manages assets worth 93,431 crores and was set up on 15 March 1994. It's current offering of mutual fund schemes includes 59 equity,80 debt and 21 hybrid funds.
|Fund Name||Scripbox Opinion||Till Date CAGR|
Tata Overnight Fund (G) is a Overnight Debt fund and has delivered an annualised return of 3.8% over a period of 3 years. The fund is managed by Tata Asset Management Private Limited. The fund manager’s name is Amit Somani.
Nav of Tata Overnight Fund (G) as of 6/24/2022 is ₹1127.92 with the total AUM as of 6/25/2022 is ₹3408.708. 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 Overnight Index TR INR.
Tata Overnight Fund (G) is rated as a 3 fund in Debt and delivered 3.4% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with Tata Overnight Fund (G).
What is Tata Overnight Fund (G)?
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 Neutral 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 0.2% for regular plan.