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Unrated

Baroda Overnight Fund - Regular Plan


Debt: Overnight

1 Lakh

Investment Grown to
₹ 1.04 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 2.63 0.01 0.06 0.26 0.76 1.50 3.90 -- -- -- --
CCIL T Bill Liquidity Weight 2.47 -0.02 0.02 0.12 0.49 1.42 3.35 -- -- -- --
Debt: Overnight 2.56 0.01 0.06 0.25 0.75 1.47 3.80 -- -- -- --
Rank within category 6 7 8 8 9 7 5 -- -- -- --
Number of funds in category 28 30 30 30 30 30 25 3 3 3 3

As on 28-Sep-2020

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Baroda Overnight Fund - Regular Plan
Unrated
Apr-19 3.90 -- -- 0.12 178
UTI Overnight Fund - Regular Plan  | Invest Online
4 star
Dec-03 3.86 4.94 5.97 0.11 7,030
Nippon India Overnight Fund - Regular Plan
4 star
Dec-18 3.84 -- -- 0.19 3,980
DSP Overnight Fund - Regular Plan  | Invest Online
5 star
Jan-19 3.96 -- -- 0.15 2,082
SBI Overnight Fund  | Invest Online
3 star
Oct-02 3.80 5.27 5.73 0.18 12,314

Best & Worst Performance

Best (Period) Worst (Period)
Week 0.12 (25-Apr-2019 - 02-May-2019) 0.01 (26-Mar-2020 - 02-Apr-2020)
Month 0.49 (25-Apr-2019 - 25-May-2019) 0.21 (23-Mar-2020 - 22-Apr-2020)
Quarter 1.42 (25-Apr-2019 - 25-Jul-2019) 0.71 (25-Mar-2020 - 24-Jun-2020)
Year 4.99 (25-Apr-2019 - 24-Apr-2020) 3.90 (26-Sep-2019 - 25-Sep-2020)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund -- -- -- -- -- --
CCIL T Bill Liquidity Weight* 3.97 0.31 -3.79 -6.90 -- --
Debt: Overnight* 4.99 0.34 -0.47 -0.63 0.38 0.30
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 31-Aug-2020

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities -- -- -- --
Modified Duration (yrs) -- 0.01 0.00 --
Average Maturity (yrs) 0.00 0.01 0.00 --
Yield to Maturity (%) 3.04 5.35 0.76 --
Avg Credit Rating Cash -- -- --

Value Research Fund Style

Credit Rating vis-à-vis Category

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Top Holdings

The underlying data is unavailable.

As on 31-Aug-2020

Fund Manager

— Alok Sahoo since 23-Apr-2019

Education: Mr. Sahoo is a B.E and PGDM from XIM Bhubaneshwar.

Experience: Prior to joining Baroda AMC he has worked with UTI Mutual Fund and HSBC Mutual Fund.

Funds Managed:

— Hetal P Shah since 23-Apr-2019

Education: Ms. Hetal P. Shah is a B.Com, MBA, and JAIIB.

Experience: Prior to joining Baroda AMC she has worked with Bank of India from may 1999.

Funds Managed:


0.01%

Change from previous, NAV as on 28-Sep-2020

Growth: ₹ 1,063.7033

Dividend Weekly: ₹ 1,000.5390

Dividend Daily: ₹ 1,000.0000


Investment Strategy

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 one business day.

Investment Details

Minimum Investment (₹) 5,000
Minimum Addl Investment (₹) 1,000
Minimum SIP Investment (₹) 500
Minimum No of Cheques 12
Minimum Withdrawal (₹) --
Minimum Balance (₹) --
Exit Load 0

Basic Details

Fund House: Baroda Mutual Fund
Launch Date: 25-Apr-2019
Return Since Launch: 4.41%
Benchmark: CRISIL Overnight Index
Riskometer: Low
Type: Open-ended
Assets: ₹ 178 Cr (As on 31-Aug-2020)
Expense: 0.12% (As on 31-Aug-2020)
Risk Grade: --
Return Grade: --

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Daily27-Sep-20200.0860

 26-Sep-20200.0841
 25-Sep-20200.0852
 24-Sep-20200.0838
 23-Sep-20200.0858
 22-Sep-20200.0838
 21-Sep-20200.0855
 20-Sep-20200.0843
 19-Sep-20200.0857
 18-Sep-20200.0841
 17-Sep-20200.0828
 16-Sep-20200.0846
 15-Sep-20200.0901
 14-Sep-20200.0825
 13-Sep-20200.0845
 12-Sep-20200.0831
 11-Sep-20200.0847
 10-Sep-20200.0838
 09-Sep-20200.0833
 08-Sep-20200.0829
 07-Sep-20200.0833
 06-Sep-20200.0800
 05-Sep-20200.0792
 04-Sep-20200.0783
 03-Sep-20200.0778
Dividend Weekly21-Sep-20200.6012

 14-Sep-20200.5715
 07-Sep-20200.5926
 31-Aug-20200.5592
 24-Aug-20200.6069
 17-Aug-20200.5670
 10-Aug-20200.5898
 03-Aug-20200.6030
 27-Jul-20200.5502
 20-Jul-20200.6152
 13-Jul-20200.5366
 06-Jul-20200.5995
 29-Jun-20200.5357
 22-Jun-20200.5415
 15-Jun-20200.5934
 08-Jun-20200.5829
 01-Jun-20200.4827
 26-May-20200.6658
 18-May-20200.5311
 11-May-20200.6031
 04-May-20200.6101
 27-Apr-20200.5578
 20-Apr-20200.6113
 13-Apr-20200.5320
 07-Apr-20200.5101

Contact Information

AMC: Baroda Asset Management India Ltd

Address: 501, Raheja Titanium, Western Express Highway, Goregoan, (E) Mumbai - 400063

Phone: +91 22-3074 1000

Fax: +91 22-3074 1001

Email: [email protected]

Website: http://www.barodapioneer.in

Registrar & Transfer Agent: KFin Technologies Pvt Ltd.

Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad - 500016

Phone: 040-44857874

Email: [email protected]

Website: www.karvymfs.com

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