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3 star

Aditya Birla Sun Life Overnight Fund - Direct Plan


Debt: Overnight

1 Lakh

Investment Grown to
₹ 1.03 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.22 Lakh

Suitability:

Overnight funds invest in bonds having a maturity of just one day. They are suitable to earn a little extra on idle money lying in the bank. You may invest in these funds the money that you have set aside to meet any emergency needs or any surplus money that you don't need for a few days up to a year.

The risk of incurring a loss in these funds is negligible but they do not guarantee returns or safety of capital.

Remember, these funds are geared to deliver only marginally higher returns than your bank account. They deliver steady, but low returns and are not suitable to build wealth in the long run.

Taxability of earnings:

Capital gains

  • If the mutual fund units are sold after 3 years from the date of investment, gains are taxed at the rate of 20% after providing the benefit of inflation indexation.
  • If the mutual fund units are sold within 3 years from the date of investment, entire amount of gain is added to the investors' income and taxed according to the applicable slab rate.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

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(₹)
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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund 2.49 0.01 0.06 0.26 0.78 1.59 3.12 -- -- -- --
CCIL T Bill Liquidity Weight 1.64 0.03 0.06 0.17 0.57 1.12 2.12 -- -- -- --
Debt: Overnight 2.47 0.01 0.06 0.26 0.78 1.58 3.11 -- -- -- --
Rank within category 7 27 9 9 10 8 9 -- -- -- --
Number of funds in category 30 30 30 30 30 30 30 4 3 3 0

As on 14-Oct-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Aditya Birla Sun Life Overnight Fund - Direct Plan  | Invest Online
3 star
Nov-18 3.12 -- -- 0.10 10,050
DSP Overnight Fund - Direct Plan  | Invest Online
4 star
Jan-19 3.11 -- -- 0.06 2,078
Edelweiss Overnight Fund - Direct Plan  | Invest Online
5 star
Jul-19 3.10 -- -- 0.11 984
HSBC Overnight Fund - Direct Plan  | Invest Online
4 star
May-19 3.17 -- -- 0.11 599
Mirae Asset Overnight Fund - Direct Plan  | Invest Online
5 star
Oct-19 3.17 -- -- 0.12 572

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 0.14 03-Nov-2018 - 11-Nov-2018 0.02 26-Mar-2020 - 02-Apr-2020
Month 0.54 03-Nov-2018 - 04-Dec-2018 0.18 23-Mar-2020 - 22-Apr-2020
Quarter 1.60 03-Nov-2018 - 03-Feb-2019 0.69 23-Mar-2020 - 22-Jun-2020
Year 5.98 03-Nov-2018 - 04-Nov-2019 2.98 23-Mar-2020 - 23-Mar-2021

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund -- -- -- -- -- --
CCIL T Bill Liquidity Weight* 3.34 0.40 -1.54 -3.94 -- --
Debt: Overnight* 4.26 0.39 0.81 4.41 0.68 0.73
Rank within category -- -- -- -- -- --
Number of funds in category -- -- -- -- -- --

The Risk Measures have been calculated using calendar month returns for the last three years.

As on

* As on 30-Sep-2021

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities -- -- -- 1
Modified Duration (yrs) -- 0.01 0.00 --
Average Maturity (yrs) 0.00 0.01 0.00 --
Yield to Maturity (%) 3.35 3.39 2.15 3.32
Avg Credit Rating Cash -- -- --

Value Research Fund Style

Credit Rating vis-à-vis Category

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Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
equal Others CBLO -- - 41.40

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 30-Sep-2021


0.01%

Change from previous, NAV as on 15-Oct-2021

Growth: ₹ 1,132.1284

IDCW Weekly: ₹ 1,000.5949

More

IDCW Monthly: ₹ 1,001.8276

IDCW Daily: ₹ 1,000.1029


Investment Strategy

The scheme seeks to generate reasonable income through investments in debt securities, Money Market Instruments & CBLO/Tri-party Repo having maturity of 1 day.

Investment Details

Minimum Investment (₹) 5,000
Minimum Addl Investment (₹) 5,000
Minimum SIP Investment (₹) 1,000
Minimum No of Cheques 6
Minimum Withdrawal (₹) 1
Minimum Balance (₹) --
Lock-in Period Not Applicable
Exit Load 0

Basic Details

Fund House: Aditya Birla Sun Life Mutual Fund
Launch Date: 01-Nov-2018
Return Since Launch: 4.29%
Benchmark: CRISIL Overnight Index
Riskometer: Low
Type: Open-ended
Assets: ₹ 10,050 Cr (As on 30-Sep-2021)
Expense: 0.10% (As on 31-Aug-2021)
Risk Grade: --
Return Grade: Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Daily13-Oct-20210.0825

 12-Oct-20210.0812
 11-Oct-20210.0815
 10-Oct-20210.0830
 09-Oct-20210.1702
 07-Oct-20210.0842
 06-Oct-20210.0835
 05-Oct-20210.0842
 04-Oct-20210.0854
 03-Oct-20210.0955
 02-Oct-20210.1763
 30-Sep-20210.0874
 29-Sep-20210.0884
 28-Sep-20210.0879
 27-Sep-20210.0874
 26-Sep-20210.0878
 25-Sep-20210.1778
 23-Sep-20210.0880
 22-Sep-20210.0875
 21-Sep-20210.0880
 20-Sep-20210.0878
 19-Sep-20210.0876
 18-Sep-20210.1766
 16-Sep-20210.0876
 15-Sep-20210.0868
IDCW Weekly07-Oct-20210.5936

 30-Sep-20210.6097
 23-Sep-20210.6191
 16-Sep-20210.3300
 12-Sep-20210.8354
 02-Sep-20210.5869
 26-Aug-20210.5842
 19-Aug-20210.5761
 12-Aug-20210.5727
 05-Aug-20210.5971
 29-Jul-20210.6017
 22-Jul-20210.6031
 15-Jul-20210.6002
 08-Jul-20210.6252
 01-Jul-20210.5964
 24-Jun-20210.6174
 17-Jun-20210.6052
 10-Jun-20210.6126
 03-Jun-20210.6114
 27-May-20210.6228
 20-May-20210.6681
 13-May-20210.6118
 06-May-20210.6221
 29-Apr-20210.5963
 22-Apr-20210.6040
IDCW Monthly23-Sep-20212.3683

 26-Aug-20212.3412
 29-Jul-20213.0286
 24-Jun-20212.4557
 27-May-20212.5153
 29-Apr-20213.0533
 25-Mar-20212.4366
 25-Feb-20212.2419
 28-Jan-20212.6852
 27-Dec-20202.5662
 26-Nov-20201.8351
 01-Nov-20203.1959
 24-Sep-20202.3437
 27-Aug-20202.3294
 30-Jul-20202.9051
 25-Jun-20202.2593
 28-May-20202.8559
 23-Apr-20201.8622
 26-Mar-20202.4114
 27-Feb-20202.7137
 30-Jan-20203.2326
 26-Dec-20192.6155
 28-Nov-20193.3645
 24-Oct-20192.7042
 26-Sep-20192.8960

Contact Information

AMC: Aditya Birla Sun Life AMC Ltd.

Address: One India Bulls Center - Tower 1, 17th Floor - Jupiter Mills Compound, 841 Senapati Bhawan, Elphinstone Road, Mumbai - 400013

Phone: 022-43568000 / 1800-270-7000 / 1800-22-7000

Fax: 022-43568110

Website: http://mutualfund.adityabirlacapital.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

Last Session

Investors' Hangout

Webinar: All about MF Central

DateThursday, 14-Oct-2021
Time12:30 PM - 01:00 PM

Registration Over