Overview
Shriram Overnight Fund Direct Growth
Shriram Mutual Fund
The scheme seeks to generate returns commensurate with low risk and providing high level of liquidity, through investments made in debt and money market instruments with overnight maturity.
Investments in Shriram Overnight Fund Direct Growth are subject to market risks. Please read the offer document carefully before investing to understand the potential market risks and rewards.
Latest NAV
₹ 11.8361
Fund Size (AUM)
₹125.11 Cr
Risk
Low (Risk rating: 1/10)
Minimum Investment
Lumpsum: ₹ 5000
SIP: ₹1000
Launch Date
26-Aug-2022
Expense Ratio
0.109%
Exit Load
Nil
Benchmark
CRISIL Liquid Overnight Index
Standard Deviation
N/A
History
Performance & Ratios
1-Year SIP Return
6.46%
3-Year SIP Return
N/A
5-Year SIP Return
N/A
Mean Return
N/A
Alpha
-
Beta
-
Sharpe Ratio
-
Sortino Ratio
-
Information Ratio
-
Returns
| 1Y | 3Y | 5Y | All Time | |
|---|---|---|---|---|
| Fund Returns | 6.47% | N/A | N/A | N/A |
| Category Average | 6.48% | 6.24% | 4.97% | N/A |
| Rank Within Category | 32 | N/A | N/A | N/A |
Holdings (1)
| Company | Sector | Instrument | Assets |
|---|---|---|---|
| Reserve Bank of India | Financial | T-Bills | 2.95% |
Holdings Analysis
Peer Comparison
Peer Comparison
| Fund Name | AUM (₹ Cr) | 1Y Return (%) | 3Y Return (%) | Expense Ratio (%) | Rating |
|---|---|---|---|---|---|
| Axis Overnight Fund Direct Growth | 6348.03 | 6.65 | 6.38 | 0.05 | N/A |
| Nippon India Overnight Fund Direct Growth | 4738.29 | 6.64 | 6.36 | 0.08 | N/A |
| Aditya Birla Sun Life Overnight Fund Direct Growth | 5253.21 | 6.61 | 6.35 | 0.08 | N/A |
| DSP Overnight Fund Direct Growth | 1366.7 | 6.6 | 6.35 | 0.08 | N/A |
| Quant Overnight Fund Direct Growth | 139.18 | 6.68 | N/A | 0.16 | N/A |
SIP, STP & SWP Details
Systematic Investment Plan (SIP):
Frequency: Monthly
Min Amount: ₹ 1000
Multiplier: 1
Systematic Transfer Plan (STP):
Frequency: MONTHLY
Dates: 1, 5, 15, 20, 25
Min Amount: ₹ 1000
Min Installments: 6
Systematic Withdrawal Plan (SWP):
Frequency: MONTHLY
Dates: 1, 5, 15, 20, 25
Min Amount: ₹ 500
Min Installments: 12
AMC Details
Asset Management Company
Shriram Mutual Fund
Shriram Mutual Fund started their mutual fund on 05/12/1994 and its managing total assets of Rs.43 Cr. Its ranked at 40 as per total assets at end of 30th Sep 2016. Shriram Mutual Fund employs robust strategies to manage market risks, but investments remain subject to market risks. Please read the fund’s documentation for detailed risk management policies.
Launch Date
1994-12-05T00:00:00.948Z
Total AUM
₹ 895.72 Cr
Address
511-512, Meadows, Sahar Plaza,J. B. Nagar, Andheri (East), Mumbai 400059
Phone
033-23373012 / 9339787128
Website
Sub Type
Gilt
Sub Type Info
Invest predominantly in Government Securities(minimum 80% of total assets). They are relatively more risky than the other debt funds due to fluctuating interest rates.
Tax Impact
Returns are taxed as per your Income Tax slab.
Stamp Duty
0.005% (from July 1st, 2020)
Fund Manager Details
Compare with Another Fund
Shriram Overnight Fund Direct Growth
Shriram Mutual Fund
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Frequently Asked Questions
How is the overall rating calculated?
The overall rating for Shriram Overnight Fund Direct Growth is an aggregate score based on performance metrics (returns over 1, 3, and 5 years), risk-adjusted returns (Sharpe and Sortino ratios), and consistency relative to its category. Ratings are on a scale of 1 to 5, with 5 being the highest.
What are the top stocks of Shriram Overnight Fund Direct Growth?
The top stocks held by Shriram Overnight Fund Direct Growth include Reserve Bank of India.
Which industries does Shriram Overnight Fund Direct Growth invest in?
Shriram Overnight Fund Direct Growth primarily invests in the following industries: Financial.
Who are the fund managers of Shriram Overnight Fund Direct Growth?
The fund managers of Shriram Overnight Fund Direct Growth are Gargi Bhattacharyya Banerjee and Deepak Ramaraju and Sudip Suresh More.
How many years has the fund manager been managing Shriram Overnight Fund Direct Growth?
Gargi Bhattacharyya Banerjee:
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Deepak Ramaraju:
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Sudip Suresh More:
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What is the minimum investment for Shriram Overnight Fund Direct Growth?
The minimum investment for Shriram Overnight Fund Direct Growth is ₹5000 for lumpsum investments and ₹1000 for SIPs.
What are the average 1-year returns for Shriram Overnight Fund Direct Growth?
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What are the average 3-year returns for Shriram Overnight Fund Direct Growth?
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What is the expense ratio of Shriram Overnight Fund Direct Growth, and how does it compare to its category?
The expense ratio of Shriram Overnight Fund Direct Growth is 0.109%. The average expense ratio for similar funds in the Debt is Calculating....