1M
6M
1Y
All
| NAV: 24 Jan 2022 | ₹1,123.09 |
| Min. SIP amount | NA |
| Rating | 3 |
| Fund size | ₹747.13Cr |
Understand terms
Annualised returns
Average of the yearly returns of a mutual fund over a given period.
Absolute returns
The total return of a mutual fund over a given period.
Returns and rankings
Category: Debt Overnight
Absolute returns
| 3M | 6M | 1Y | All | |
|---|---|---|---|---|
| Fund returns | 0.8% | 1.6% | 3.2% | 12.3% |
| Category average | NA | NA | 3.0% | NA |
| Rank with in category | 28 | 26 | 26 | NA |
Understand terms
Understand terms
Expense ratio
A fee payable to a mutual fund house for managing your mutual fund investments. It is the total percentage of a company’s fund assets used for administrative, management, advertising, and other expenses.
Tax
A percentage of your capital gains payable to the government upon exiting your mutual fund investments. Taxation is categorized as long-term capital gains (LTCG) and short-term capital gains (STCG) depending on your holding period and the type of fund.
Exit load
A fee payable to a mutual fund house for exiting a fund (fully or partially) before the completion of a specified period from the date of investment.
Stamp duty
A form of tax payable for the purchase or sale of an asset or security.
Past expense ratio & exit load
Expense ratio
Exit load
31 Dec 2021 - Present
0.10%
30 Nov 2021 - 31 Dec 2021
0.10%
31 Oct 2021 - 30 Nov 2021
0.10%
30 Sep 2021 - 31 Oct 2021
0.10%
31 Aug 2021 - 30 Sep 2021
0.10%
31 Jul 2021 - 31 Aug 2021
0.10%
30 Jun 2021 - 31 Jul 2021
0.10%
31 May 2021 - 30 Jun 2021
0.10%
30 Apr 2021 - 31 May 2021
0.10%
31 Mar 2021 - 30 Apr 2021
0.10%
28 Feb 2021 - 31 Mar 2021
0.10%
31 Jan 2021 - 28 Feb 2021
0.10%
31 Dec 2020 - 31 Jan 2021
0.10%
30 Nov 2020 - 31 Dec 2020
0.10%
31 Oct 2020 - 30 Nov 2020
0.10%
30 Sep 2020 - 31 Oct 2020
0.09%
31 Aug 2020 - 30 Sep 2020
0.09%
31 Jul 2020 - 31 Aug 2020
0.09%
30 Jun 2020 - 31 Jul 2020
0.09%
31 May 2020 - 30 Jun 2020
0.09%
30 Apr 2020 - 31 May 2020
0.09%
31 Mar 2020 - 30 Apr 2020
0.09%
29 Feb 2020 - 31 Mar 2020
0.05%
31 Jan 2020 - 29 Feb 2020
0.05%
31 Dec 2019 - 31 Jan 2020
0.10%
30 Nov 2019 - 31 Dec 2019
0.09%
31 Oct 2019 - 30 Nov 2019
0.10%
30 Sep 2019 - 31 Oct 2019
0.10%
31 Aug 2019 - 30 Sep 2019
0.11%
31 Jul 2019 - 31 Aug 2019
0.11%
30 Jun 2019 - 31 Jul 2019
0.11%
31 May 2019 - 30 Jun 2019
0.11%
30 Apr 2019 - 31 May 2019
0.11%
31 Mar 2019 - 30 Apr 2019
0.11%
Expense ratio, exit load and tax
Expense ratio: 0.10%
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 | NA |
Fund management
Siddharth Chaudhary
Mar 2019 - Present
View details
Education
Mr. Chaudhary is a B.Com (H) and PGDM (Securities Markets).
Experience
Prior to joining Sundaram Mutual Fund he has worked with Indian Bank.
Also manages these schemes
Sandeep Agarwal
Mar 2019 - Present
View details
Education
Mr. Agarwal is a B.Com (H) from University of Kota, Chartered Accountant and CS.
Experience
Prior to joining Sundaram Mutual Fund he has worked with Deutsche AMC.
Also manages these schemes
Fund house & investment objective
| Rank (total assets) | #17 in India |
|---|---|
| Total AUM | ₹32,095.30Cr |
| Date of Incorporation | 26 Feb 1996 |
|---|
Sundaram Overnight Fund Direct Growth is a Debt Mutual Fund Scheme launched by Sundaram Mutual Fund. This scheme was made available to inves
Sundaram Overnight Fund Direct Growth is a Debt Mutual Fund Scheme launched by Sundaram Mutual Fund. This scheme was made available to investors on 26 Feb 1996. Siddharth Chaudhary is the Current Fund Manager of Sundaram Overnight Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹32,095 Cr and the Latest NAV as of 24 Jan 2022 is ₹1,123.09.
The Sundaram Overnight Fund Direct Growth is rated Low risk. Minimum Lumpsum Investment is 5000.
...Read more
Investment Objective
The scheme seeks to generate income by investing in debt, money market instruments, cash and cash equivalents with overnight maturity /maturing in one
The scheme seeks to generate income by investing in debt, money market instruments, cash and cash equivalents with overnight maturity /maturing in one business day.
...Read more
| Fund benchmark | NIFTY 1D Rate Index |
|---|
Fund house contact details
Address
Sundaram Towers, 2nd Floor,46 Whites Road, Royapettah Chennai 600 014
Phone
044-28583362/3367
Launch Date
26 Feb 1996
E-mail
[email protected]Website
NA
Sundaram Mutual Fund
Asset Management Company
Custodian
HDFC Bank
Registrar & Transfer Agent
KFin Tech
Address
Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
Email
[email protected]Website
www.karvymfs.comCompare funds
Sundaram Overnight Fund Direct Growth
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FAQs
How to Invest in Sundaram Overnight Fund Direct Growth
You can easily invest in Sundaram Overnight Fund Direct 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 Sundaram Overnight Fund Direct 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 Sundaram Overnight Fund Direct Growth as SIP or lumpsum as per your investment objective and risk tolerance
What kind of returns does Sundaram Overnight Fund Direct Growth provide?
The Sundaram Overnight Fund Direct Growth has been there from 20 Mar 2019 and the average annual returns provided by this
fund is 3.18% since its inception.
How much expense ratio is charged by Sundaram Overnight Fund Direct Growth?
The term Expense Ratio used for Sundaram Overnight Fund Direct 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 Sundaram Overnight Fund Direct Growth is 0.10% as of 25 Jan 2022...
The Expense Ratio of Sundaram Overnight Fund Direct Growth is 0.10% as of 25 Jan 2022...
What is the AUM of Sundaram Overnight Fund Direct Growth?
The AUM, short for Assets Under Management of Sundaram Overnight Fund Direct Growth is ₹747.13Cr as of 25 Jan 2022.
How to Redeem Sundaram Overnight Fund Direct Growth?
If you want to sell your Sundaram Overnight Fund Direct 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 Sundaram Overnight Fund Direct Growth?
What is the NAV of Sundaram Overnight Fund Direct Growth?
The NAV of Sundaram Overnight Fund Direct Growth is ₹1,123.09 as of 24 Jan 2022.
What is the PE and PB ratio of Sundaram Overnight Fund Direct Growth?
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