Groww Logo
Home>Mutual Funds>Nippon India Mutual Fund>Nippon India Overnight Fund Direct IDCW Weekly

Nippon India Overnight Fund Direct IDCW Weekly

Debt
Overnight
Low Risk
3.71%
3Y annualised
+0.01% 1D
1M
6M
1Y
3Y
All
NAV: 30 Jun 2022₹100.08
Min. SIP amount₹100
Rating3
Fund size₹10,105.26Cr

Returns and rankings

Category: Debt Overnight
Annualised returns
Absolute returns
6M1Y3YAll
Fund returnsNA3.5%3.7%4.1%
Category averageNA3.0%4.4%NA
Rank with in categoryNA83NA
Understand terms

Holdings (3)

NameSectorInstrumentAssets
Reserve Bank of India
FinancialT-Bills1.7%
Reserve Bank of IndiaFinancialT-Bills1.6%
Reserve Bank of India
FinancialT-Bills1.2%

Expense ratio, exit load and tax

Expense ratio: 0.07%

Inclusive of GST

Exit load

Nil

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investment₹5,000
Min. for 2nd investment onwards₹1,000
Min. for SIP₹100

Fund management

Anju Chhajer
Dec 2018 - Present
View details

Education
Ms. Chhajer is a B.Com (H) and a Chartered Accountant.
Experience
Prior to joining Nippon India Mutual Fund Ltd. as a fund manager, she has worked with National Insurance Company as a Money Maker Instruments and D.C Dharewa & Co.
Also manages these schemes

Siddharth Deb
Mar 2022 - Present
View details

Education
Mr. Deb is a B.Sc and MMS (Finance).
Experience
Prior to joining Nippon India Mutual Fund he has worked with Benchmark Asset Management Co. Pvt. Ltd. and Fullerton India Credit Company Ltd.
Also manages these schemes

Fund house & investment objective

Fund house contact details

Address
4th Floor, Tower A, Peninsula Business Park,Ganapatrao Kadam Marg,Lower Parel (W), Mumbai 400013
Phone
022-68334800 / 18602660111
Launch Date
30 Jun 1995
Website
NA
Amc Image
Nippon India Mutual Fund
Asset Management Company
Custodian
Deutsche Bank
Registrar & Transfer Agent
KFin Tech
Address
Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,

Compare funds

Nippon India Overnight Fund Direct IDCW Weekly
VS
Add mutual fund to compare

FAQs

How to Invest in Nippon India Overnight Fund Direct IDCW Weekly?

You can easily invest in Nippon India Overnight Fund Direct IDCW Weekly in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps:

  • Log on to your Groww account
  • Search for Nippon India Overnight Fund Direct IDCW Weekly from the search box
  • In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete
  • Once you are done with that, you can start investing in Nippon India Overnight Fund Direct IDCW Weekly as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does Nippon India Overnight Fund Direct IDCW Weekly provide?

The Nippon India Overnight Fund Direct IDCW Weekly has been there from 18 Dec 2018 and the average annual returns provided by this fund is 3.52% since its inception.

How much expense ratio is charged by Nippon India Overnight Fund Direct IDCW Weekly?

The term Expense Ratio used for Nippon India Overnight Fund Direct IDCW Weekly or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund.

The Expense Ratio of Nippon India Overnight Fund Direct IDCW Weekly is 0.07% as of 01 Jul 2022...

What is the AUM of Nippon India Overnight Fund Direct IDCW Weekly?

The AUM, short for Assets Under Management of Nippon India Overnight Fund Direct IDCW Weekly is ₹10,105.26Cr as of 01 Jul 2022.

How to Redeem Nippon India Overnight Fund Direct IDCW Weekly?

If you want to sell your Nippon India Overnight Fund Direct IDCW Weekly holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.

Can I invest in SIP and Lump Sum of Nippon India Overnight Fund Direct IDCW Weekly?

You can select either SIP or Lumpsum investment of Nippon India Overnight Fund Direct IDCW Weekly based on your investment objective and risk tolerance.

What is the NAV of Nippon India Overnight Fund Direct IDCW Weekly?

The NAV of Nippon India Overnight Fund Direct IDCW Weekly is ₹100.08 as of 30 Jun 2022.

What is the PE and PB ratio of Nippon India Overnight Fund Direct IDCW Weekly?

The PE ratio ratio of Nippon India Overnight Fund Direct IDCW Weekly is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

Loading...
ⓒ 2016-2022 Groww. All rights reserved, Built with in India
MOST POPULAR ON GROWWVERSION - 3.1.1
STOCK MARKET INDICES:  S&P BSE SENSEX |  S&P BSE 100 |  NIFTY 100 |  NIFTY 50 |  NIFTY MIDCAP 100 |  NIFTY BANK |  NIFTY NEXT 50
MUTUAL FUNDS COMPANIES:  ICICI PRUDENTIAL |  HDFC |  NIPPON INDIA |  ADITYA BIRLA SUN LIFE |  SBI |  UTI |  FRANKLIN TEMPLETON |  KOTAK MAHINDRA |  IDFC |  DSP |  AXIS |  TATA |  L&T |  SUNDARAM |  PGIM |  INVESCO |  LIC |  JM FINANCIAL |  BARODA PIONEER |  CANARA ROBECO |  HSBC |  IDBI |  INDIABULLS |  MOTILAL OSWAL |  BNP PARIBAS |  MIRAE ASSET |  PRINCIPAL |  BOI AXA |  UNION KBC |  TAURUS |  EDELWEISS |  NAVI |  MAHINDRA |  QUANTUM |  PPFAS |  IIFL |  Quant |  SHRIRAM |  SAHARA |  ITI