1 Lakh
Investment Grown to₹ 10000
Monthly SIP Grown toSuitability:
Overnight funds invest in bonds having maturity of just one day (hence the name 'Overnight'). They are suitable for institutional investors looking to park their surplus money for a few days or weeks to earn a bit extra on the sum which would otherwise lie idle in a bank account. The risk of incurring a loss in these funds is negligible but they do not guarantee returns or safety of capital.
Retail investors can avoid these funds altogether. Here's why. Debt funds are very finely classified depending upon the maturity of the bonds they invest in. For instance, there's a different category of funds that invests in bonds of up to 3 months maturity, from the one that invests in bonds maturing in 3-6 months, and so on. We believe that such a nuanced classification adds little value to retail investors. They can avoid this complexity and simply invest the money they don't need for up to the next one year in a Liquid fund.
Taxability of earnings:
Capital gains
Dividends
Please wait...
Please wait...
| YTD | 1-Day | 1-W | 1-M | 3-M | 6-M | 1-Y | 3-Y | 5-Y | 7-Y | 10-Y | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 1.91 | 0.01 | 0.06 | 0.23 | 0.73 | 1.75 | 4.29 | 5.47 | 5.91 | 6.70 | 7.29 |
| CCIL T Bill Liquidity Weight | 2.06 | 0.00 | 0.04 | 0.22 | 0.84 | 1.94 | 3.85 | 4.13 | 4.32 | 4.69 | 4.79 |
| Debt: Overnight | 1.92 | 0.01 | 0.06 | 0.23 | 0.73 | 1.75 | 4.26 | 5.26 | 5.72 | 6.47 | 7.01 |
| Rank within category | 14 | 16 | 14 | 15 | 17 | 13 | 9 | 1 | 1 | 1 | 1 |
| Number of funds in category | 28 | 30 | 30 | 30 | 30 | 29 | 19 | 3 | 3 | 3 | 3 |
As on 14-Jul-2020
| Fund name | Rating | Launch Date | 1-Year Return | 3-Year Return | 5-Year Return | Expense Ratio | Assets (Cr) |
|---|---|---|---|---|---|---|---|
| SBI Overnight Fund | Invest Online | Oct-02 | 4.29 | 5.47 | 5.91 | 0.18 | 13,825 | |
| HDFC Overnight Fund | Invest Online | Feb-02 | 4.23 | 5.42 | 5.81 | 0.20 | 13,989 | |
| ICICI Prudential Overnight Fund | Invest Now | Nov-18 | 4.24 | -- | -- | 0.20 | 10,011 | |
| Aditya Birla Sun Life Overnight Fund - Regular Plan | Invest Online | Nov-18 | 4.26 | -- | -- | 0.22 | 7,621 | |
| UTI Overnight Fund - Regular Plan | Invest Online | Dec-03 | 4.33 | 5.15 | 6.19 | 0.12 | 6,556 |
| Best (Period) | Worst (Period) | |
|---|---|---|
| Week | 0.46 (02-Apr-2003 - 09-Apr-2003) | -0.34 (04-Aug-2004 - 11-Aug-2004) |
| Month | 1.09 (26-Oct-2002 - 25-Nov-2002) | -0.39 (26-Jan-2003 - 25-Feb-2003) |
| Quarter | 2.55 (03-Oct-2002 - 02-Jan-2003) | 0.44 (01-Jan-2003 - 02-Apr-2003) |
| Year | 9.51 (15-Sep-2011 - 14-Sep-2012) | 3.77 (16-Oct-2003 - 15-Oct-2004) |
| Mean | Std Dev | Sharpe | Sortino | Beta | Alpha | |
|---|---|---|---|---|---|---|
| Fund | 5.38 | 0.30 | 0.26 | 0.27 | 0.26 | 0.39 |
| CCIL T Bill Liquidity Weight | 4.07 | 0.28 | -4.34 | -7.86 | -- | -- |
| Debt: Overnight | 5.16 | 0.32 | -0.48 | -0.60 | 0.24 | 0.16 |
| Rank within category | 1 | 3 | 1 | 1 | 3 | 1 |
| Number of funds in category | 4 | 4 | 4 | 4 | 4 | 4 |
The Risk Measures have been calculated using calendar month returns for the last three years.
As on 30-Jun-2020
| Fund | 1Y High | 1Y Low | Category | |
|---|---|---|---|---|
| Number of Securities | -- | -- | -- | -- |
| Modified Duration (yrs) | 0.00 | 0.00 | 0.00 | -- |
| Average Maturity (yrs) | 0.00 | 0.00 | 0.00 | -- |
| Yield to Maturity (%) | 3.25 | 6.48 | 1.05 | -- |
Please wait...
| The underlying data is unavailable. |
As on 30-Jun-2020
*As on 31-May-2020
Education: Mr. Arun is a B.Com (H), PGDM (Finance) and Financial Risk Manager (GARP).
Experience: Prior joining SBI in 2009 he has worked with ING Investment Management, Deutsche Bank India Operations and CRISIL India.
Funds Managed:
Personal finance advice and mutual fund ideas delivered to your inbox every Monday
The scheme seeks to provide the investors an opportunity to invest in overnight securities maturing on the next business day.
| Minimum Investment (₹) | 5,000 |
| Minimum Addl Investment (₹) | 1,000 |
| Minimum SIP Investment (₹) | 2,000 |
| Minimum No of Cheques | 6 |
| Minimum Withdrawal (₹) | 5,000 |
| Minimum Balance (₹) | 1,000 |
| Exit Load | 0 |
| Fund House: | SBI Mutual Fund |
| Launch Date: | 01-Oct-2002 |
| Return Since Launch: | 6.85% |
| Benchmark: | CRISIL Overnight Index |
| Riskometer: | Low |
| Type: | Open-ended |
| Assets: | ₹ 13,825 Cr (As on 30-Jun-2020) |
| Expense: | 0.18% (As on 31-May-2020) |
| Risk Grade: | -- |
| Return Grade: | -- |
| Plan | Record Date | Dividend (₹ / Unit) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Daily | 30-Mar-2020 | 0.0152 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Dividend Weekly | 27-Mar-2020 | 0.3105 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
AMC: SBI Funds Management Ltd
Address: 9th Floor-Crescenzo, C-38 & 39- G Block, Bandra-Kurla Complex, Bandra (East) Mumbai - 400051
Phone: 022-61793000 / 1800-425-5425
Fax: 022-22189663
Email: [email protected]
Website: http://www.sbimf.com
Registrar & Transfer Agent: Computer Age Management Services Ltd.
Address: 7th Floor, Tower II, Rayala Towers, 158, Anna Salai, Chennai - 600002
Phone: 1800-3010-6767 / 1800-419-7676
Fax: 044-30407101
Email: [email protected]
Website: www.camsonline.com
Friday, 17-Jul-2020
12:30 PM - 01:00 PM