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 5.74% 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 0.07% as of 19 Jan 2026...

What is the AUM of Sundaram Overnight Fund Direct Growth?

The AUM, short for Assets Under Management of Sundaram Overnight Fund Direct Growth is ₹550.11Cr as of 19 Jan 2026.

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?

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

What is the NAV of Sundaram Overnight Fund Direct Growth?

The NAV of Sundaram Overnight Fund Direct Growth is ₹1,416.65 as of 18 Jan 2026.

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

The PE ratio ratio of Sundaram Overnight Fund Direct 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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Sundaram Overnight Fund Direct Growth

Name: Sundaram Overnight Fund Direct Growth
Brand: Sundaram Mutual Fund

Debt

Overnight

Low Risk

+6.38%

3Y annualised

+0.01% 1D

All

NAV: 18 Jan '26

₹1,416.65

Min. SIP amount

Not Supported

Fund size

₹550.11 Cr

Expense ratio

0.07%

Return calculator

One time

Monthly investment

₹5,000

Over the past	Total investment	Would've become	Returns
1 year	₹60,000	₹61,505	+2.51%
3 years	₹1,80,000	₹1,96,685	+9.27%
5 years	₹3,00,000	₹3,47,437	+15.81%

Holdings (3)

Name	Sector	Instruments	Assets
Reserve Bank of India	Financial	T-Bills	1.82%
Reserve Bank of India	Financial	T-Bills	1.81%
Reserve Bank of India	Financial	T-Bills	0.91%

Minimum investments

Min. for 1st investment

₹5,000

Min. for 2nd investment

₹1,000

Min. for SIP

Not Supported

Returns and rankings

Annualised returns

Absolute returns

Name	1Y	3Y	5Y	All
Fund returns	+5.7%	+6.4%	+5.4%	+5.2%
Category average (Debt Overnight)	+5.7%	+6.3%	+5.3%	--
Rank (Debt Overnight)	20	19	19	--

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 Direct Growth	+5.80%	+6.43%	10,194.87
	Tata Overnight Fund Direct Growth	+5.79%	+6.42%	4,454.03
	Aditya Birla Sun Life Overnight Fund Direct Growth	+5.76%	+6.40%	8,421.31
	Kotak Overnight Fund Direct Growth	+5.77%	+6.40%	5,951.71
	Bandhan Overnight Fund Direct Growth	+5.76%	+6.40%	1,032.01
Compare

Fund management

DS
Dwijendra Srivastava
May 2022 - Present
View details

Education

Mr. Srivastava is B.Tech , PGDM (Finance) and CFA.

Experience

Prior to joining Sundaram Mutual Fund he has worked with PGIM India Mutual Fund, JM Financial AMC, Tata AMC Private Ltd., Tower Capital and Securities, Indo Swiss Financial and Gontermann Pipers.

Also manages these schemes

Sundaram Long Term Micro Cap Tax Advantage Fund Series VI Direct Growth

Sundaram Aggressive Hybrid Fund Direct Growth

Sundaram Banking & PSU Fund Direct Growth

Sundaram Short Duration Fund Direct Growth

Sundaram Multi Factor Fund Direct Growth

Sundaram Long Term Tax Advantage Fund Series IV Direct Growth

Sundaram Conservative Hybrid Fund Direct Plan Growth

Sundaram Long Term Tax Advantage Fund Series III Direct Growth

Sundaram Corporate Bond Fund Direct Growth

Sundaram Flexi Cap Fund Direct Growth

Sundaram Long Term Micro Cap Tax Advantage Fund Series III Direct Growth

Sundaram Money Market Fund Direct Growth

Sundaram Low Duration Fund Direct Growth

Sundaram Liquid Direct Growth

Sundaram Medium Duration Fund Direct Growth

Sundaram Ultra Short Duration Fund Direct Growth

Sundaram Arbitrage Fund Direct Growth

Sundaram Long Term Micro Cap Tax Advantage Fund Series V Direct Growth

Sundaram Multi Asset Allocation Fund Direct Growth

Sundaram Business Cycle Fund Direct Growth

Sundaram Long Term Micro Cap Tax Advantage Fund Series IV Direct Growth

Sundaram Overnight Fund Direct Growth

Sundaram Balanced Advantage Fund Direct Growth

Sundaram Equity Savings Fund Direct Growth

Sundaram Long Term Tax Advantage Fund Series II Direct Growth

SA
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

Sundaram Money Market Fund Direct Growth

Sundaram Aggressive Hybrid Fund Direct Growth

Sundaram Low Duration Fund Direct Growth

Sundaram Banking & PSU Fund Direct Growth

Sundaram Short Duration Fund Direct Growth

Sundaram Liquid Direct Growth

Sundaram Multi Factor Fund Direct Growth

Sundaram Medium Duration Fund Direct Growth

Sundaram Ultra Short Duration Fund Direct Growth

Sundaram Conservative Hybrid Fund Direct Plan Growth

Sundaram Corporate Bond Fund Direct Growth

Sundaram Multi Asset Allocation Fund Direct Growth

Sundaram Business Cycle Fund Direct Growth

Sundaram Overnight Fund Direct Growth

YPS
Yash Pankaj Sanghvi
May 2025 - Present
View details

Education

B.Tech (Electronics), PGDM (Finance)

Experience

Prior to joining Sundaram MF, he was associated with LIC Mutual Fund.

Also manages these schemes

Sundaram Banking & PSU Fund Direct Growth

Sundaram Liquid Direct Growth

Sundaram Overnight Fund Direct Growth

About Sundaram Overnight Fund Direct Growth

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. Dwijendra Srivastava is the Current Fund Manager of Sundaram Overnight Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹76,137 Cr and the Latest NAV as of 18 Jan 2026 is ₹1,416.65. The Sundaram Overnight Fund Direct Growth is rated Low risk. Minimum SIP Investment is set to ₹100. Minimum Lumpsum Investment is ₹5,000. ;

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 business day.

Fund benchmarkNIFTY 1D Rate Index

Scheme Information Document(SID)