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1 star

YES Overnight Fund - Regular 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 2.75 0.01 0.06 0.25 0.73 1.51 2.99 -- -- -- --
CCIL T Bill Liquidity Weight 1.85 0.00 0.04 0.19 0.43 1.06 2.01 -- -- -- --
Debt: Overnight 2.83 0.01 0.06 0.26 0.78 1.55 3.07 -- -- -- --
Rank within category 29 30 30 30 30 29 30 -- -- -- --
Number of funds in category 30 30 30 30 30 30 30 6 3 3 3

As on 02-Dec-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
YES Overnight Fund - Regular Plan
1 star
Aug-19 2.99 -- -- 0.30% 62
Axis Overnight Fund - Regular Plan
4 star
Mar-19 3.13 -- -- 0.12% 12,897
UTI Overnight Fund - Regular Plan  | Invest Online
4 star
Dec-03 3.10 4.11 4.51 0.12% 10,537
DSP Overnight Fund - Regular Plan  | Invest Online
4 star
Jan-19 3.08 -- -- 0.14% 3,147
Edelweiss Overnight Fund - Regular Plan  | Invest Online
5 star
Jul-19 3.09 -- -- 0.16% 757

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 0.16 06-Oct-2019 - 13-Oct-2019 0.01 26-Mar-2020 - 02-Apr-2020
Month 0.50 20-Sep-2019 - 21-Oct-2019 0.17 25-Mar-2020 - 24-Apr-2020
Quarter 1.32 30-Aug-2019 - 01-Dec-2019 0.63 25-Mar-2020 - 24-Jun-2020
Year 3.99 25-Aug-2019 - 24-Aug-2020 2.79 25-Mar-2020 - 25-Mar-2021

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund -- -- -- -- -- --
CCIL T Bill Liquidity Weight* 3.18 0.40 -1.54 -4.30 -- --
Debt: Overnight* 3.95 0.36 0.44 2.24 0.60 0.53
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-Nov-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 0.00 0.00 --
Yield to Maturity (%) 3.27 3.31 2.67 --
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-Oct-2021

Fund Manager

— Piyush Baranwal since 19-Aug-2019

Education: Mr.Piyush Baranwal is a B. Tech. in Electronics and communication from Manipal Institute of Technology,Manipal.He completed PGDBM in Finance from S.P.Jain Institute of Management and Reserch and CFA.

Experience: Prior to joining YES Mutual Fund he has worked with BOI AXA, Morgan Stanley Investment Management (Jan, 2011-June, 2014) and Principal Pnb AMC as a Dealer- Fixed Income (May, 2008-Jan, 2011).

Funds Managed:


0.01%

Change from previous, NAV as on 02-Dec-2021

Growth: ₹ 1,079.5524


Investment Strategy

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.

Investment Details

Minimum Investment (₹) 2,000
Minimum Addl Investment (₹) 2,000
Minimum SIP Investment (₹) 2,000
Minimum No of Cheques 6
Minimum Withdrawal (₹) 500
Minimum Balance (₹) 1
Lock-in Period Not Applicable
Exit Load 0

Basic Details

Fund House: YES Mutual Fund
Launch Date: 23-Aug-2019
Return Since Launch: 3.42%
Benchmark: CRISIL Overnight Index
Riskometer: Low
Type: Open-ended
Assets: ₹ 62 Cr (As on 31-Oct-2021)
Expense: 0.30% (As on 31-Oct-2021)
Risk Grade: --
Return Grade: Low

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Weekly14-Sep-20210.5190

 07-Sep-20210.5019
 31-Aug-20210.5227
 24-Aug-20210.4485
 18-Aug-20210.5894
 10-Aug-20210.4000
 03-Aug-20210.5300
 27-Jul-20210.5307
 20-Jul-20210.6441
 13-Jul-20210.5690
 06-Jul-20210.6324
 29-Jun-20210.5350
 22-Jun-20210.5695
 15-Jun-20210.5464
 08-Jun-20210.9139
 01-Jun-20210.5497
 25-May-20210.5678
 18-May-20210.5757
 11-May-20210.5710
 04-May-20210.5713
 27-Apr-20210.4796
 20-Apr-20210.5860
 14-Apr-20210.6256
 06-Apr-20210.4983
 31-Mar-20210.6638
IDCW Fortnightly21-Dec-20201.1209

 07-Dec-20201.0039
 23-Nov-20200.9360
 09-Nov-20201.0706
 26-Oct-20201.0825
 12-Oct-20201.1452
 28-Sep-20201.2151
 14-Sep-20201.1119
 31-Aug-20201.0669
 17-Aug-20201.1154
 03-Aug-20201.1151
 20-Jul-20201.1020
 06-Jul-20200.9506
 22-Jun-20201.1293
 08-Jun-20201.0813
 25-May-20200.9462
 11-May-20201.1873
 27-Apr-20201.0160
 13-Apr-20200.8012
 30-Mar-20200.7896
 16-Mar-20201.2184
 02-Mar-20201.2747
 17-Feb-20201.2931
 03-Feb-20200.7335
 20-Jan-20201.3871

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

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