Navi Overnight Fund Direct Growth

Fund Overview

Fund Size

₹12 Cr

Expense Ratio

0.05%

ISIN

INF959L01GV8

Minimum SIP

₹10

Exit Load

No Charges

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 8 days, having been launched on 18-Jul-23.
As of 25-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

Others

₹11.69 Cr

100.00%

Top Holdings

All Holdings

Equity

Debt & Others

Name	Type	Amount	Holdings
Treps/Reverse Repo/Net Current Assets/Cash/Cash Equivalent	Cash - Collateral	₹10.92 Cr	100.00%

Other Allocation

Equity Sector

Debt & Others

Instruments	Amount	Holdings
Cash - Collateral	₹10.92 Cr	100.00%

Risk & Performance Ratios

Fund Managers

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 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 name	Expense Ratio	Exit Load	Fund size	1Y
Axis Overnight Fund Regular Growth Low Risk	0.1%	0.0%	₹8979.28 Cr	6.8%
Axis Overnight Fund Direct Growth Low Risk	0.1%	0.0%	₹8979.28 Cr	6.8%
Groww Overnight Fund Direct Growth Low Risk	0.1%	0.0%	₹33.26 Cr	6.8%
Groww Overnight Fund Regular Growth Low Risk	0.2%	0.0%	₹33.26 Cr	6.7%
Tata Overnight Fund Direct Growth Low Risk	0.1%	0.0%	₹4581.43 Cr	6.8%
Tata Overnight Fund Regular Growth Low Risk	0.2%	0.0%	₹4581.43 Cr	6.7%
Nippon India Overnight Fund Regular Growth Low Risk	0.2%	0.0%	₹8214.23 Cr	6.7%
Nippon India Overnight Fund Direct Growth Low Risk	0.1%	0.0%	₹8214.23 Cr	6.8%
Sundaram Overnight Fund Regular Growth Low Risk	0.2%	0.0%	₹791.97 Cr	6.7%
Sundaram Overnight Fund Direct Growth Low Risk	0.1%	0.0%	₹791.97 Cr	6.8%

About the AMC

Navi Mutual Fund

033-40185000/022-40635000

https://navi.com/mutual-fund

Total AUM

₹5,731 Cr

Address

3rd Floor, Kolkata, 700 069

Other Funds by Navi Mutual Fund

Fund name	Expense Ratio	Exit Load	Fund 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 Cr	6.9%
Navi Regular Savings Fund Direct Growth Moderate Risk	0.3%	0.0%	₹34.89 Cr	11.6%
Navi NASDAQ 100 Fund of Fund Direct Growth Very High Risk	0.1%	0.0%	₹977.89 Cr	26.5%
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 Cr	52.5%
Navi Flexi Cap Fund Direct Growth Very High Risk	0.4%	0.0%	₹269.16 Cr	28.4%
Navi ELSS Tax Saver Nifty 50 Index Fund Direct Growth Very High Risk	0.1%	0.0%	₹58.73 Cr	25.1%
Navi Equity Hybrid Fund Direct Growth Very High Risk	0.4%	0.0%	₹108.82 Cr	24.5%
Navi ELSS Tax Saver Fund Direct Growth Very High Risk	0.4%	0.0%	₹66.18 Cr	30.5%
Navi Nifty Bank Index Fund Direct Growth Very High Risk	0.1%	0.0%	₹580.71 Cr	11.7%
Navi Nifty Next 50 Index Fund Direct Growth Very High Risk	0.1%	0.0%	₹502.20 Cr	62.6%
Navi Overnight Fund Direct Growth Low Risk	0.1%	0.0%	₹11.69 Cr	6.4%
Navi Large & Midcap Fund Direct Growth Very High Risk	0.3%	0.0%	₹311.66 Cr	28.1%
Navi Nifty India Manufacturing Index Fund Direct Growth Very High Risk	0.2%	0.0%	₹44.32 Cr	53.5%
Navi Nifty 50 Index Fund Direct Growth Very High Risk	0.1%	0.0%	₹2141.72 Cr	25.2%
Navi US Total Stock Market Fund of Fund Direct Growth Very High Risk	0.1%	0.0%	₹913.88 Cr	22.1%

Risk Level

Your principal amount will be at Low Risk

Still got questions?
We're here to help.

What is the current NAV of Navi Overnight Fund Direct Growth?

The NAV of Navi Overnight Fund Direct Growth, as of 25-Jul-2024, is ₹10.66.

What is the portfolio composition of Navi Overnight Fund Direct Growth?

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.

Who manages the Navi Overnight Fund Direct Growth?

The fund managers responsible for Navi Overnight Fund Direct Growth are:-

Tanmay Sethi

Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.

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