SBI Overnight Fund Direct Growth

Debt
Overnight
Low Risk
5.92%
3Y annualised
+0.02% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 08 Dec 2024₹4,071.96
Min. SIP amount₹2,000
Rating2
Fund size₹16,268.99Cr

Return calculator

Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of 0
Would have become (%)

Returns and rankings

Category: Debt Overnight
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns6.7%5.9%4.9%6.2%
Category average6.6%5.9%4.8%NA
Rank with in category232020NA
Understand terms

Peer Comparison

Holdings (1)

NameSectorInstrumentAssets
Reserve Bank of India
FinancialT-Bills0.63%

Pros and cons

Category: Debt Overnight

Pros

Consistently higher annualised returns than category average for the past 1Y, 3Y, 5Y and 10Y
Exit load is zero
Lower expense ratio: 0.07%
Average credit rating of the fund's holdings: AAA This fund has holdings of the highest quality
Higher alpha: 1.18 The fund has generated returns higher than benchmark - CRISIL Liquid Overnight Index - in the last 3Y

Cons

Low rating: 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.

Understand terms
Check past data

Minimum investment amounts

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

Fund management

R Arun
Jan 2013 - Present
View details

Education
Mr. Arun is a B.Com (H), PGDM (Finance) and Financial Risk Manager (GARP).
Experience
Prior joining SBI in 2009 he has worked with ING Investment Management, Deutsche Bank India Operations and CRISIL India.
Also manages these schemes

Fund house & investment objective

Fund house contact details

Address
9th Floor-Crescenzo, C-38 & 39-G Block, Bandra-Kurla Complex,Bandra (East) Mumbai 400051
Phone
022-61793000 / 1800-425-5425
Launch Date
29 Jun 1987
E-mail
NA
SBI Mutual Fund
Asset Management Company
Custodian
HDFC Bank
Registrar & Transfer Agent
Cams
Address
7th Floor, Tower II, Rayala Towers, 158, Anna Salai,

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