How to Invest in Shriram Overnight Fund Growth?

You can easily invest in Shriram Overnight Fund Growth 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 Shriram Overnight Fund Growth 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 Shriram Overnight Fund Growth as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does Shriram Overnight Fund Growth provide?

The Shriram Overnight Fund Growth has been there from 26 Aug 2022 and the average annual returns provided by this fund is 5.58% since its inception.

How much expense ratio is charged by Shriram Overnight Fund Growth?

The term Expense Ratio used for Shriram Overnight Fund Growth 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 Shriram Overnight Fund Growth is 0.16% as of 20 Jan 2026...

What is the AUM of Shriram Overnight Fund Growth?

The AUM, short for Assets Under Management of Shriram Overnight Fund Growth is ₹235.86Cr as of 20 Jan 2026.

How to Redeem Shriram Overnight Fund Growth?

If you want to sell your Shriram Overnight Fund Growth 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 Shriram Overnight Fund Growth?

You can select either SIP or Lumpsum investment of Shriram Overnight Fund Growth based on your investment objective and risk tolerance.

What is the NAV of Shriram Overnight Fund Growth?

The NAV of Shriram Overnight Fund Growth is ₹12.28 as of 19 Jan 2026.

What is the PE and PB ratio of Shriram Overnight Fund Growth?

The PE ratio ratio of Shriram Overnight Fund Growth 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).

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Shriram Overnight Fund Growth

Name: Shriram Overnight Fund Growth
Brand: Shriram Mutual Fund

Debt

Overnight

Low Risk

+6.24%

3Y annualised

+0.01% 1D

All

NAV: 19 Jan '26

₹12.28

Min. SIP amount

Not Supported

Fund size

₹235.86 Cr

Expense ratio

0.16%

Holdings (1)

Name	Sector	Instruments	Assets
Reserve Bank of India	Financial	T-Bills	2.12%

Minimum investments

Min. for 1st investment

Not Supported

Min. for 2nd investment

Not Supported

Min. for SIP

Not Supported

Returns and rankings

Annualised returns

Absolute returns

Name	6M	1Y	3Y	All
Fund returns	+2.7%	+5.6%	+6.2%	+6.2%
Category average (Debt Overnight)	+2.6%	+5.7%	+6.3%	--
Rank (Debt Overnight)	--	27	28	--

Exit load, stamp duty and tax

Exit load

Nil

Stamp duty on investment: 0.005% (from July 1st, 2020)

from July 1st 2020

Tax implication

Returns are taxed as per your Income Tax slab.

Check past data

Compare similar funds

	Name	1Y	3Y	Fund Size(Cr)
	Axis Overnight Fund Growth	+5.75%	+6.38%	10,194.87
	UTI Overnight Fund Plan Growth	+5.70%	+6.34%	3,759.66
	DSP Overnight Fund Growth	+5.67%	+6.32%	2,659.27
	ICICI Prudential Overnight Fund Growth	+5.68%	+6.31%	10,445.07
	Bajaj Finserv Overnight Fund Growth	+5.74%	--	965.36
Compare

Fund management

AM
Amit Modani
Nov 2025 - Present
View details

Education

Mr. Modani is Chartered Accountant

Experience

Prior to joining Shriram AMC, he has worked with Mirae Asset Mutual Fund, BOI AXA Mutual Fund, Quantum Asset Management Company Private Limited and Pramerica Asset Managers Pvt. Ltd.

Also manages these schemes

Shriram Liquid Fund Growth

Shriram Balanced Advantage Fund Growth

Shriram Aggressive Hybrid Fund Growth

Shriram Multi Asset Allocation Fund Growth

Mirae Asset Short Duration Fund Growth

Shriram Overnight Fund Growth

Shriram Nifty 1D Rate Liquid ETF Growth

SSM
Sudip Suresh More
Oct 2024 - Present
View details

Education

Mr. More has done B.E. (EXTC), MMS (Finance) and FRM

Experience

Prior to joining Shriram Mutual Fund, he has worked with Kshema General Insurance Company and Sahara India Life Insurance Company Ltd.

Also manages these schemes

Shriram Multi Asset Allocation Fund Growth

Shriram Liquid Fund Growth

Shriram Balanced Advantage Fund Growth

Shriram Aggressive Hybrid Fund Growth

Shriram Overnight Fund Growth

Shriram Nifty 1D Rate Liquid ETF Growth

About Shriram Overnight Fund Growth

Shriram Overnight Fund Growth is a Debt Mutual Fund Scheme launched by Shriram Mutual Fund. This scheme was made available to investors on 05 Dec 1994. Amit Modani is the Current Fund Manager of Shriram Overnight Fund Growth fund. The fund currently has an Asset Under Management(AUM) of ₹1,054 Cr and the Latest NAV as of 19 Jan 2026 is ₹12.28. The Shriram Overnight Fund Growth is rated Low risk. Minimum SIP Investment is set to ₹1,000. ;

Investment Objective

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.

Fund benchmarkCRISIL Liquid Overnight Index

Scheme Information Document(SID)