SBI Overnight Fund Direct Plan Growth

SBI Overnight Fund Direct Plan Growth

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Debt
Direct
Overnight
NAV: ₹ 3870.67 as on 25-02-2024
Fund Performance
zero opening, trading, fund transfer fee
125 people have invested ₹ 1Cr in SBI Overnight Fund Direct Plan Growth in the last three months

Mutual Fund Insights

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This fund with AUM at ₹16771.79Cr is among the largest funds in the overnight category.
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In the last 5 years, DSP Overnight Fund Direct Growth has given 4.79% return, outperforming this fund by 0.08% per annum.
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Over the last 3 months, this fund has experienced a 8.8% drop in AUM moving from 18.38K Cr to 16.77K Cr.
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In the last 1 year, Mirae Asset Overnight Fund Direct Growth has given 6.81% return, outperforming this fund by 0.09%.
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In the last 3 years, Mirae Asset Overnight Fund Direct Growth has given 5.09% return, outperforming this fund by 0.06% per annum.
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This fund expense ratio is slightly on the lower side within the category (overnight). Its expense ratio is 0.1% which is lower than the category average expense ratio of 0.12%.

About the SBI Overnight Fund Direct Plan Growth

SBI Overnight Fund Direct Plan Growth is a debt fund. This fund was started on 1 January, 2013. The fund is managed by R. Arun. This fund is suitable to keep your money safe.

Key Parameters

  1. SBI Overnight Fund Direct Plan Growth has ₹16772 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
  2. The fund has an expense ratio 0.1.

SBI Overnight Fund Direct Plan Growth Overview

Expense ratio
Expense ratio
0.1%
Benchmark
Benchmark
CRISIL Liquid Fund TR INR
AUM
AUM
₹16772 Cr
Inception Date
Inception Date
1 January, 2013
Min Lumpsum/SIP
Min Lumpsum/SIP
₹5000/₹2000
Exit Load
Exit Load
0%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
33.29%

SBI Overnight Fund Direct Plan Growth Distribution as on (31-Dec-69)

  • Debt & Cash 100%

Credit rating breakup

AAA
100%
Sector Allocation

Jan'24

Dec'23

Nov'23

Cash Equivalent
100%

Top Holdings of SBI Overnight Fund Direct Plan Growth as on (31-Jan-24)

  • Debt & Cash

Debt Holdings1
Holdings
Weight%
1M Change
91 DTB 29022024
91 DTB 29022024
1.49%
0%

SBI Overnight Fund Direct Plan Growth: Monthly Changes Updates

All changes are between Oct'69 and Dec'69
AUM Change
Parameters
Jan'24
Dec'23
Nov'23
AUM
₹ 16.6K Cr
₹ 15.4K Cr
₹ 16.5K Cr
  • AUM of the fund stands at 16.6K Cr as of Jan'24
  • AUM increased by 1.2K Cr between Jan'24 and Dec'23
Fund Portfolio Changes

SBI Overnight Fund Direct Plan Growth Fund Manager

R. Arun
R. Arun
Fund Manager of SBI Overnight Fund Direct Plan Growth, since 1 April 2012

SBI Overnight Fund Direct Plan Growth Highlights

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Low Risk

Investors understand that their principal will be at Low Risk
About the fund

About the fund

This fund has delivered an average annual returns of 6.23% since inception which is more than its category average return of 3.62%
AUM size ₹16772 Cr

AUM size ₹16772 Cr

This fund has AUM of ₹16772 Cr which is more than its category average of ₹ 3074 Cr
Expense Ratio 0.1%

Expense Ratio 0.1%

This fund has an expense ratio of 0.1% which is less than its category average expense ratio of 0.13%

Frequently Asked Questions

The current NAV of SBI Overnight Fund Direct Plan Growth is ₹3870.67 as on 25-Feb-2024.
Existing (Absolute + CAGR) as on 25-Feb-2024.
SBI Overnight Fund Direct Plan Growth
Absolute Returns
CAGR Returns
1 Month Returns
0.55%
0.55%
6 Month Returns
3.39%
3.39%
1 Year Returns
6.72%
6.72%
3 Years Returns
15.84%
5.02%
5 Years Returns
25.91%
4.72%
With INDmoney, the process of investing is very simple and involves zero commission.
  • Click Buy on the fund name.
  • Input the amount you are looking to invest.
  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.
0.1% as on January 2024
₹16772 Cr as on January 2024
Yield to Maturity is 6.71 as on January 2024. Yield to Maturity is the total return earned on your bond investments if you hold the bond investments till maturity & all bonds' proceeds are reinvested in it.
Modified Duration is 0 as on January 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
100
R. Arun is the fund manager of SBI Overnight Fund Direct Plan Growth
The Exit load of SBI Overnight Fund Direct Plan Growth is 0%