SBI Overnight Fund Direct Plan Daily Reinvestment of Income Distribution cum capital withdrawal

Debt

SBI Mutual Fund

Overnight

Get the latest NAV of SBI Overnight Fund Direct Plan Daily Reinvestment of Income Distribution cum capital withdrawal. View historical returns compared to its benchmark and category average. Know which stocks and sectors the fund is investing in. Get an estimate of returns from the SIP and lump sum returns calculator. View detailed holding analysis and peer comparison. Get INDmoney ranking of the fund.

₹1358.06

NAV as on 25 Mar 2026

5.09%/per year

Since Inception

Absolute Gain%

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SBI Overnight Fund Direct Plan Daily Reinvestment of Income Distribution cum capital withdrawal Performance vs. Overnight Index

Fund returns vs Benchmark returns vs Category Average returns as on (25-Mar-26)

The fund has outperformed the benchmark (Overnight Index) over 3Y, 5Y, but underperformed over 1Y.

Period	1M	3M	6M	1Y	3Y	5Y
This Fund	0.38%	1.24%	2.58%	5.46%	6.28%	5.49%
Overnight Index	0.36%	1.2%	2.48%	5.48%	5.56%	4.95%
Overnight Avg	--	--	--	--	--	--
Best in Overnight	0.39%	1.27%	2.65%	5.59%	6.48%	5.6%
Worst in Overnight	0.36%	1.18%	2.47%	5.23%	6.09%	5.34%

Peer comparison

Fund Name	INDmoney Rank	AUM (in Crs.)	Expense Ratio	1Y Returns	3Y Returns	3Y Alpha	3Y Beta	3Y Sharpe	3Y Sortino	3Y Info Ratio
SBI Overnight Fund Direct Plan Daily Reinvestment of Income Distribution cum capital withdrawal	-	28,880Cr	0.08%	5.46%	6.28%	-0.13	0.66	-20.05	-3.42	-4.63
ICICI Prudential Overnight Fund Daily Reinvestment of Income Distribution cum Cap wdrl	-	11,186Cr	0.1%	6%	5.68%	-0.64	--	--	-2.07	-3.21
ICICI Prudential Overnight Fund Weekly Payout of Income Distribution cum Cap wdrl	-	11,186Cr	0.1%	6.4%	5.91%	-0.54	--	--	-2.32	-4.39
Groww Overnight Fund Fortnightly Reinvestment Inc Dist cum Cap Wdrl	-	34Cr	0.14%	7.02%	10.02%	--	--	--	--	--

See all

SBI Overnight Fund Direct Plan Daily Reinvestment of Income Distribution cum capital withdrawal Returns Calculator

Calculate SIP and lumpsum returns based on historical performance

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SBI Overnight Fund Direct Plan Daily Reinvestment of Income Distribution cum capital withdrawal Asset Allocation

See fund asset allocation details as on (14-Mar-26)

Fund Distribution

as on (14-Mar-26)

AAA

100%

SBI Overnight Fund Direct Plan Daily Reinvestment of Income Distribution cum capital withdrawal Sector Allocation

See fund sector allocation details as on (14-Mar-26)

Sector Allocation

Cash Equivalent

100%

Top 2 Sectors in February were Corporate, Government

Feb'26

Corporate

Jan'26

Corporate

Government

SBI Overnight Fund Direct Plan Daily Reinvestment of Income Distribution cum capital withdrawal Overview

Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.

Expense ratio	0.08%
Benchmark	CRISIL Overnight Index TR INR
AUM	₹28880 Cr
Inception Date	1 January, 2013
Min Lumpsum/SIP	₹5,000/--
Exit Load	0%
Lock In	No Lock-in
TurnOver	68.72%
Risk	Low Risk

About SBI Overnight Fund Direct Plan Daily Reinvestment of Income Distribution cum capital withdrawal

SBI Overnight Fund Direct Plan Daily Reinvestment of Income Distribution cum capital withdrawal is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Ranjana Gupta. This fund is suitable to keep your money safe.

Key Parameters

SBI Overnight Fund Direct Plan Daily Reinvestment of Income Distribution cum capital withdrawal has ₹28880 Cr worth of assets under management (AUM) as on Mar 2026 and is more than category average.
The fund has an expense ratio 0.1.

Returns

SBI Overnight Fund Direct Plan Daily Reinvestment of Income Distribution cum capital withdrawal has given a CAGR return of 5.09% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 5.46%, 6.28% and 5.49% respectively.

Holdings

SBI Overnight Fund Direct Plan Daily Reinvestment of Income Distribution cum capital withdrawal has allocated its funds majorly in Cash Equivalent, Corporate. Its top holdings are Bank Of Baroda, 7.27% Gs 2026, Tbill, Titan Co Ltd., 26/03/2026 Maturing 182 DTB

Taxation

As it is a overnight mutual fund the taxation is as follows:
If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:
Invested before 1 April 2023 and held for less than 24 months, STCG will be taxed at your income slab rate.
Invested before 1 April 2023 and held for more than 24 months, LTCG will be taxed at 12.5%.
Invested after 1 April 2023, capital gains will be taxed at your income slab rate.
Dividends will always be taxed at slab rate.

Investment objective of SBI Overnight Fund Direct Plan Daily Reinvestment of Income Distribution cum capital withdrawal

To provide the investors an opportunity to invest in overnight securities maturing on the next business day

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 0.00. SBI Overnight Fund Direct Plan Daily Reinvestment of Income Distribution cum capital withdrawal has no lock in period.

Fund Manager

Ranjana Gupta

Fund Manager of SBI Overnight Fund Direct Plan Daily Reinvestment of Income Distribution cum capital withdrawal, since 27 December 2024

Learn more about SBI Mutual Fund

Parameters	Feb'26	Jan'26	Dec'25
AUM	₹ 28.9K Cr	₹ 35.1K Cr	₹ 23.3K Cr

AUM of the fund stands at 28.9K Cr as of Feb'26
AUM decreased by 6.2K Cr between Feb'26 and Jan'26

Frequently Asked Questions for SBI Overnight Fund Direct Plan Daily Reinvestment of Income Distribution cum capital withdrawal

How do I invest in SBI Overnight Fund Direct Plan Daily Reinvestment of Income Distribution cum capital withdrawal?

INDmoney makes it simple to invest in the SBI Overnight Fund Direct Plan Daily Reinvestment of Income Distribution cum capital withdrawal. To do so, follow the steps below:

Download the INDmoney app.
Search for ‘SBI Overnight Fund Direct Plan Daily Reinvestment of Income Distribution cum capital withdrawal’.
Select whether you want to invest in SIP or lump sum.
Enter the amount you wish to invest.
Set up payments via bank mandate or UPI.

What is the current NAV of SBI Overnight Fund Direct Plan Daily Reinvestment of Income Distribution cum capital withdrawal?

The NAV of the fund today is ₹1358.06. NAV or Net Asset Value is the per unit price of a mutual fund. For example, if the NAV of a fund is ₹10, it means you can get 1000 units of that mutual fund at ₹10,000.

What is the return on the fund?

SBI Overnight Fund Direct Plan Daily Reinvestment of Income Distribution cum capital withdrawal fund has generated a return of 5.46% in 1 year, 6.28% in 3 years, 5.49% in 5 years.

Who is the fund manager of SBI Overnight Fund Direct Plan Daily Reinvestment of Income Distribution cum capital withdrawal?

The fund managers are Ranjana Gupta.

What is the expense ratio of the fund?

The expense ratio is 0.08%. The Expense Ratio is a fee charged for managing the fund. This includes commissions, administrative costs etc.

What is the AUM of the fund?

The AUM of the fund is ₹28880 Cr. AUM stands for Assets Under Management. It refers to the total assets managed by the fund.

What are the top holdings of SBI Overnight Fund Direct Plan Daily Reinvestment of Income Distribution cum capital withdrawal?

The top 3 holdings of the fund are Bank Of Baroda(1.28%), 7.27% Gs 2026(0.96%), Tbill(0.96%)