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Fund Overview

Fund Size

Fund Size

₹12 Cr

Expense Ratio

Expense Ratio

0.05%

ISIN

ISIN

INF959L01GV8

Minimum SIP

Minimum SIP

₹10

Exit Load

Exit Load

No Charges

Inception Date

Inception Date

18 Jul 2023

About this fund

Navi Overnight Fund Direct Growth is a Overnight mutual fund schemes offered by Navi Mutual Fund. This fund has been in existence for 1 years and 7 days, having been launched on 18-Jul-23.
As of 24-Jul-24, it has a Net Asset Value (NAV) of ₹10.66, Assets Under Management (AUM) of 11.69 Crores, and an expense ratio of 0.05%.
  • Navi Overnight Fund Direct Growth has given a CAGR return of 6.41% since inception.
  • The fund's asset allocation comprises around 0.00% in equities, 0.00% in debts, and 100.00% in cash & cash equivalents.
  • You can start investing in Navi Overnight Fund Direct Growth with a SIP of ₹10 or a Lumpsum investment of ₹10.

Performance against Category Average

In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.

1 Year

+6.42%

(Cat Avg.)

Since Inception

+6.41%

(Cat Avg.)

Portfolio Summaryas of 15th July 2024

Others11.69 Cr100.00%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
Treps/Reverse Repo/Net Current Assets/Cash/Cash EquivalentCash - Collateral10.92 Cr100.00%

Other Allocation

Equity Sector

Debt & Others

InstrumentsAmount sortHoldings sort
Cash - Collateral10.92 Cr100.00%

Risk & Performance Ratios

Standard Deviation

This fund

--

Cat. avg.

--

Lower the better

Sharpe Ratio

This fund

--

Cat. avg.

--

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

--

Higher the better

Fund Managers

TS

Tanmay Sethi

Since February 2024

Additional Scheme Detailsas of 15th July 2024

ISIN
INF959L01GV8
Expense Ratio
0.05%
Exit Load
No Charges
Fund Size
₹12 Cr
Age
18 Jul 2023
Lumpsum Minimum
₹10
Fund Status
Open Ended Investment Company
Benchmark
CRISIL Liquid Overnight TR INR

Investment ObjectiveInvestment Objective

To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.

Tax Treatment

Withdrawal (irrespective of holding period)

Realised Gain (capital gains) are taxed at your marginal income tax rate

Note: Mutual funds are subject to capital gains taxation with surcharge and cess, based on prevailing income tax rules and investor income. Taxation applies to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.

Similar Overnight Funds

Fund nameExpense RatioExit LoadFund size
1Y
Axis Overnight Fund Regular Growth

Low Risk

0.1%0.0%₹8979.28 Cr6.8%
Axis Overnight Fund Direct Growth

Low Risk

0.1%0.0%₹8979.28 Cr6.8%
Groww Overnight Fund Direct Growth

Low Risk

0.1%0.0%₹33.26 Cr6.8%
Groww Overnight Fund Regular Growth

Low Risk

0.2%0.0%₹33.26 Cr6.7%
Tata Overnight Fund Direct Growth

Low Risk

0.1%0.0%₹4581.43 Cr6.8%
Tata Overnight Fund Regular Growth

Low Risk

0.2%0.0%₹4581.43 Cr6.7%
Nippon India Overnight Fund Regular Growth

Low Risk

0.2%0.0%₹8214.23 Cr6.7%
Nippon India Overnight Fund Direct Growth

Low Risk

0.1%0.0%₹8214.23 Cr6.8%
Sundaram Overnight Fund Regular Growth

Low Risk

0.2%0.0%₹791.97 Cr6.7%
Sundaram Overnight Fund Direct Growth

Low Risk

0.1%0.0%₹791.97 Cr6.8%

About the AMC

Total AUM

₹5,731 Cr

Address

3rd Floor, Kolkata, 700 069

Other Funds by Navi Mutual Fund

Fund nameExpense RatioExit LoadFund size
1Y
Navi S&P BSE Sensex Index Fund Direct Growth

Very High Risk

0.1%0.0%₹9.91 Cr-
Navi Liquid Fund Direct Growth

Low to Moderate Risk

0.1%0.0%₹92.67 Cr6.9%
Navi Regular Savings Fund Direct Growth

Moderate Risk

0.3%0.0%₹34.89 Cr11.7%
Navi NASDAQ 100 Fund of Fund Direct Growth

Very High Risk

0.1%0.0%₹977.89 Cr31.2%
Navi Nifty IT Index Fund Direct Growth

Very High Risk

-0.0%--
Navi Nifty Midcap 150 Index Fund Direct Growth

Very High Risk

0.2%0.0%₹174.84 Cr53.6%
Navi Flexi Cap Fund Direct Growth

Very High Risk

0.4%0.0%₹269.16 Cr28.9%
Navi ELSS Tax Saver Nifty 50 Index Fund Direct Growth

Very High Risk

0.1%0.0%₹58.73 Cr25.2%
Navi Equity Hybrid Fund Direct Growth

Very High Risk

0.4%0.0%₹108.82 Cr25.1%
Navi ELSS Tax Saver Fund Direct Growth

Very High Risk

0.4%0.0%₹66.18 Cr31.0%
Navi Nifty Bank Index Fund Direct Growth

Very High Risk

0.1%0.0%₹580.71 Cr12.4%
Navi Nifty Next 50 Index Fund Direct Growth

Very High Risk

0.1%0.0%₹502.20 Cr62.6%
Navi Overnight Fund Direct Growth

Low Risk

0.1%0.0%₹11.69 Cr6.4%
Navi Large & Midcap Fund Direct Growth

Very High Risk

0.3%0.0%₹311.66 Cr29.2%
Navi Nifty India Manufacturing Index Fund Direct Growth

Very High Risk

0.2%0.0%₹44.32 Cr53.6%
Navi Nifty 50 Index Fund Direct Growth

Very High Risk

0.1%0.0%₹2141.72 Cr25.3%
Navi US Total Stock Market Fund of Fund Direct Growth

Very High Risk

0.1%0.0%₹913.88 Cr25.2%

Risk Level

Your principal amount will be at Low Risk

Low Risk
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The NAV of Navi Overnight Fund Direct Growth, as of 24-Jul-2024, is ₹10.66.
The fund's allocation of assets is distributed as 0.00% in equities, 0.00% in bonds, and 100.00% in cash and cash equivalents.
The fund managers responsible for Navi Overnight Fund Direct Growth are:-
  1. Tanmay Sethi