Good morning :)

Overnight Mutual Funds

Overnight funds are debt funds. They invest in debt securities with overnight maturities. These funds are the most liquid investment securities with the minimum exposure to risk.

  • ⏱ Horizon: Very short
  • 🔢 Total funds: 43
  • 💰 Total AUM: 1,69,351 Cr

Best performing Overnight Mutual Funds

NameAUM (Cr)Exp Ratio (%)1Y Return3Y CAGR5Y CAGR
Bank of India Overnight Fund143.370.085.60%6.36%5.73%
Axis Overnight Fund11,862.940.105.37%6.25%5.63%
Mirae Asset Overnight Fund1,389.270.075.36%6.23%5.63%
Nippon India Overnight Fund7,462.910.155.36%6.23%5.62%
HSBC Overnight Fund4,680.620.085.35%6.22%5.62%
Tata Overnight Fund3,894.840.065.38%6.25%5.62%
LIC MF Overnight Fund529.760.135.35%6.22%5.61%
Mahindra Manulife Overnight Fund83.710.095.33%6.21%5.61%
Kotak Overnight Fund7,846.100.075.36%6.22%5.61%
DSP Overnight Fund3,002.410.065.35%6.22%5.61%

To view more Overnight Mutual Funds

Visit ScreenerScreener

Overview of Overnight Mutual Funds

Bank of India Overnight Fund
  • AUM
    ₹ 143.37 Cr.
  • Expense Ratio
    0.08%
  • 5Y CAGR
    5.73%
Performance
The fund's annualised performance has been 5.23% since inception.
Risk
The fund has been categorised as Low by SEBI and has a standard deviation of 0.08% vs its category average of 0.08%.
Composition
Cash & Equivalents makes up for the majority of the fund at 98.47% along with the largest allocation towards Miscellaneous at 97.65%.
Axis Overnight Fund
  • AUM
    ₹ 11,862.94 Cr.
  • Expense Ratio
    0.1%
  • 5Y CAGR
    5.63%
Performance
The fund's annualised performance has been 5.16% since inception.
Risk
The fund has been categorised as Low by SEBI and has a standard deviation of 0.01% vs its category average of 0.08%.
Composition
Cash & Equivalents makes up for the majority of the fund at 97.69% along with the largest allocation towards Investment Banking & Brokerage at 90.42%.
Mirae Asset Overnight Fund
  • AUM
    ₹ 1,389.27 Cr.
  • Expense Ratio
    0.07%
  • 5Y CAGR
    5.63%
Performance
The fund's annualised performance has been 5.13% since inception.
Risk
The fund has been categorised as Moderately Low by SEBI and has a standard deviation of 0.01% vs its category average of 0.08%.
Composition
Cash & Equivalents makes up for the majority of the fund at 95.06% along with the largest allocation towards Others at 94.31%.
Nippon India Overnight Fund
  • AUM
    ₹ 7,462.91 Cr.
  • Expense Ratio
    0.15%
  • 5Y CAGR
    5.62%
Performance
The fund's annualised performance has been 5.2% since inception.
Risk
The fund has been categorised as Low by SEBI and has a standard deviation of 0.01% vs its category average of 0.08%.
Composition
Cash & Equivalents makes up for the majority of the fund at 96.32% along with the largest allocation towards Others at 76.37%.
HSBC Overnight Fund
  • AUM
    ₹ 4,680.62 Cr.
  • Expense Ratio
    0.08%
  • 5Y CAGR
    5.62%
Performance
The fund's annualised performance has been 5.13% since inception.
Risk
The fund has been categorised as Low by SEBI and has a standard deviation of 0.01% vs its category average of 0.08%.
Composition
Cash & Equivalents makes up for the majority of the fund at 95.74% along with the largest allocation towards Others at 76.71%.
Tata Overnight Fund
  • AUM
    ₹ 3,894.84 Cr.
  • Expense Ratio
    0.06%
  • 5Y CAGR
    5.62%
Performance
The fund's annualised performance has been 5.14% since inception.
Risk
The fund has been categorised as Low by SEBI and has a standard deviation of 0.01% vs its category average of 0.08%.
Composition
Cash & Equivalents makes up for the majority of the fund at 96.28% along with the largest allocation towards Miscellaneous at 110.92%.
LIC MF Overnight Fund
  • AUM
    ₹ 529.76 Cr.
  • Expense Ratio
    0.13%
  • 5Y CAGR
    5.61%
Performance
The fund's annualised performance has been 5.1% since inception.
Risk
The fund has been categorised as Low by SEBI and has a standard deviation of 0.01% vs its category average of 0.08%.
Composition
Cash & Equivalents makes up for the majority of the fund at 78.56% along with the largest allocation towards Others at 76.76%.
Mahindra Manulife Overnight Fund
  • AUM
    ₹ 83.71 Cr.
  • Expense Ratio
    0.09%
  • 5Y CAGR
    5.61%
Performance
The fund's annualised performance has been 5.09% since inception.
Risk
The fund has been categorised as Low by SEBI and has a standard deviation of 0.01% vs its category average of 0.08%.
Composition
Cash & Equivalents makes up for the majority of the fund at 91.83% along with the largest allocation towards Others at 54.88%.
Kotak Overnight Fund
  • AUM
    ₹ 7,846.10 Cr.
  • Expense Ratio
    0.07%
  • 5Y CAGR
    5.61%
Performance
The fund's annualised performance has been 5.16% since inception.
Risk
The fund has been categorised as Low by SEBI and has a standard deviation of 0.01% vs its category average of 0.08%.
Composition
Cash & Equivalents makes up for the majority of the fund at 98.41% along with the largest allocation towards Investment Banking & Brokerage at 87.01%.
DSP Overnight Fund
  • AUM
    ₹ 3,002.41 Cr.
  • Expense Ratio
    0.06%
  • 5Y CAGR
    5.61%
Performance
The fund's annualised performance has been 5.2% since inception.
Risk
The fund has been categorised as Low by SEBI and has a standard deviation of 0.01% vs its category average of 0.08%.
Composition
Cash & Equivalents makes up for the majority of the fund at 43.72% along with the largest allocation towards Miscellaneous at 43.7%.
This compilation has been made as and by way of an update from the publicly available sources of information.This compilation is provided for information purposes only and is not intended to be relied upon by any party as the basis of any decision.

While every effort has been made to take due care in publishing this compilation and to avoid errors or omissions, this compilation is published with a condition and understanding that the Anchorage Technologies Private Limited (ATPL) shall not be responsible for any damages, compensation or loss or action taken or abstained to be taken on the basis of this article/commentary to any person whomsoever.

Investing in Mutual Funds,Stocks/ETFs (Exchange Traded Funds) and securities are subject to market risk. Please read all the related documents carefully before investing. Investors should consider all risk factors and consult their financial advisor before investing. Representations are not indicative of future results.