Tata Overnight Fund Direct Growth+0.01%

3.78%
1 Year Return
Debt
Overnight
3.0star
6M
1Y
All

Fund Details

Tata Overnight Fund Direct Growth

RiskLow
Min SIP Amount₹500
Expense Ratio0.11%
NAV1071.73 (23 Oct 2020)
Fund Started26 Mar 2019
Fund Size2,131 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Tata Overnight Fund Direct Growth
3.8%
NA
NA
4.5%
Category Average
3.7%
5.0%
5.5%
-
Rank within category
15
NA
NA
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    Estimated Value
    as per Historical Returns
    0
    with 3.8% annual returns

    Comparison

    Data not available
    Pros
    1. Lower expense ratio - 0.11%
    2. Exit load is zero
    Cons
    1. Age is less than 3 years
    2. Risk-adjusted returns are lower compared to the category

    Tata Overnight Fund Direct Growth Details

    Tata Overnight Fund Direct Growth is a Debt Mutual Fund Scheme launched by Tata Mutual Fund. This scheme was made available to investors on 26 Mar 2019. Amit Somani is the Current Fund Manager of Tata Overnight Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹2,131 Cr and the Latest NAV as of 23 Oct 2020 is ₹1071.73.

    The Tata Overnight Fund Direct Growth is rated Low risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 5000.

    Investment Objective

    The scheme seeks to generate returns commensurate with low risk and providing high level of liquidity, through investments made primarily in overnight securities having maturity of 1 business day.

    Tax Implications

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

    Scheme Information Document(SID)

    ₹5000
    Min for First Investment
    ₹1000
    Min for Second Investment
    Nil
    Exit Load

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    About Tata Mutual Fund

    Address
    Mafatlal Centre, 9th Floor, Nariman Point Mumbai 400021
    Phone
    022 6657 8282
    Launch Date
    30 Jun 1995
    Website
    NA
    Tata 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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