Fund Details
YES Overnight Fund Direct Growth
| Risk | Low |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 0.13% |
| NAV | ₹1053.66 (26 Jan 2021) |
|---|---|
| Fund Started | 22 Aug 2019 |
| Fund Size | ₹7 Cr |
Returns
Comparison
1. Lower expense ratio - 0.13%
2. Exit load is zero
1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
2. Age is less than 3 years
3. Risk-adjusted returns are lower compared to the category
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Reliance Jio Infocomm Ltd. | Communication | CP | 9.7% |
Fund Managers
YES Overnight Fund Direct Growth Details
YES Overnight Fund Direct Growth is a Debt Mutual Fund Scheme launched by . This scheme was made available to investors on 22 Aug 2019. Piyush Baranwal is the Current Fund Manager of YES Overnight Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹7 Cr and the Latest NAV as of 26 Jan 2021 is ₹1053.66.
The YES Overnight Fund Direct Growth is rated Low risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 500.
Investment Objective
The scheme seeks to generate returns commensurate with low risk and providing high level of liquidity, through investments made 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.
