Dezerv

Fund Overview

Fund Size

Fund Size

₹6,457 Cr

Expense Ratio

Expense Ratio

0.08%

ISIN

ISIN

INF204KB1R31

Minimum SIP

Minimum SIP

₹100

Exit Load

Exit Load

No Charges

Inception Date

Inception Date

18 Dec 2018

About this fund

Nippon India Overnight Fund Direct Growth is a Overnight mutual fund schemes offered by Nippon India Mutual Fund. This fund has been in existence for 5 years, 5 months and 2 days, having been launched on 18-Dec-18.
As of 20-May-24, it has a Net Asset Value (NAV) of ₹129.73, Assets Under Management (AUM) of 6456.54 Crores, and an expense ratio of 0.08%.
  • Nippon India Overnight Fund Direct Growth has given a CAGR return of 4.92% 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 Nippon India Overnight Fund Direct Growth with a SIP of ₹100 or a Lumpsum investment of ₹100.

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

+6.81%

(Cat Avg.)

3 Years

+5.35%

(Cat Avg.)

5 Years

+4.80%

(Cat Avg.)

Since Inception

+4.92%

(Cat Avg.)

Portfolio Summaryas of 30th April 2024

Others6,456.54 Cr100.00%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
Reverse RepoCash - Repurchase Agreement5,812.66 Cr90.03%
6.75% Corporate Bond Repo (Md 02-05-2024)Cash - Repurchase Agreement199.93 Cr3.10%
Net Current AssetsCash-101.27 Cr1.57%
Triparty RepoCash - Repurchase Agreement100.19 Cr1.55%
364 DTB 02052024Bond - Gov't/Treasury99.98 Cr1.55%
182 DTB 09052024Bond - Gov't/Treasury74.89 Cr1.16%
India (Republic of)Bond - Short-term Government Bills74.89 Cr1.16%
182 DTB 16052024Bond - Gov't/Treasury49.86 Cr0.77%
India (Republic of)Bond - Short-term Government Bills49.86 Cr0.77%
6.85% Corporate Bond Repo (Md 02-05-2024)Cash - Repurchase Agreement44.98 Cr0.70%
91 DTB 23052024Bond - Gov't/Treasury24.9 Cr0.39%
Cash Margin - CcilCash - Collateral24.67 Cr0.38%
7.25% Corporate Bond Repo (Md 02-05-2024)Cash - Repurchase Agreement1 Cr0.02%

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

InstrumentsAmount sortHoldings sort
Cash - Repurchase Agreement6,158.76 Cr95.39%
Bond - Gov't/Treasury249.64 Cr3.87%
Bond - Short-term Government Bills124.75 Cr1.93%
Cash-101.27 Cr1.57%
Cash - Collateral24.67 Cr0.38%

Risk & Performance Ratios

Standard Deviation

This fund

0.43%

Cat. avg.

--

Lower the better

Sharpe Ratio

This fund

-11.06

Cat. avg.

--

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

--

Higher the better

Fund Managers

Anju Chhajer

Anju Chhajer

Since December 2018

SD

Siddharth Deb

Since March 2022

Additional Scheme Detailsas of 30th April 2024

ISININF204KB1R31Expense Ratio0.08%Exit LoadNo ChargesFund Size₹6,457 CrAge18 Dec 2018Lumpsum Minimum₹100Fund StatusOpen Ended Investment CompanyBenchmarkCRISIL 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%₹8611.00 Cr6.8%
Axis Overnight Fund Direct Growth

Low Risk

0.1%0.0%₹8611.00 Cr6.8%
Groww Overnight Fund Direct Growth

Low Risk

0.1%0.0%₹28.28 Cr6.7%
Groww Overnight Fund Regular Growth

Low Risk

0.2%0.0%₹28.28 Cr6.6%
Tata Overnight Fund Direct Growth

Low Risk

0.1%0.0%₹3181.71 Cr6.8%
Tata Overnight Fund Regular Growth

Low Risk

0.2%0.0%₹3181.71 Cr6.7%
Nippon India Overnight Fund Regular Growth

Low Risk

0.2%0.0%₹6456.54 Cr6.7%
Nippon India Overnight Fund Direct Growth

Low Risk

0.1%0.0%₹6456.54 Cr6.8%
Sundaram Overnight Fund Regular Growth

Low Risk

0.2%0.0%₹772.43 Cr6.7%
Sundaram Overnight Fund Direct Growth

Low Risk

0.1%0.0%₹772.43 Cr6.8%

About the AMC

Total AUM

₹4,54,004 Cr

Address

4th Floor, Tower A, Peninsula Business Park, Mumbai, 400 013

Other Funds by Nippon India Mutual Fund

Fund nameExpense RatioExit LoadFund size
1Y
Nippon India Fixed Maturity Plan - XLVI - Series 1 - 92 Days Direct Growth

Moderately High risk

-0.0%--
Nippon India Innovation Fund Direct Growth

Very High Risk

0.8%1.0%₹1454.62 Cr-
Nippon India Fixed Horizon Fund XLII Series 1 Direct Growth

Moderate Risk

----
Nippon India Fixed Horizon Fund XLII Series 7 Direct Growth

Moderate Risk

----
Nippon India Fixed Horizon Fund XLI Series 6 Direct Growth

Moderate Risk

-0.0%--
Nippon India Fixed Horizon Fund XLII Series 5 Direct Growth

Moderate Risk

----
Nippon India Fixed Horizon Fund XLI Series 7 Direct Growth

Moderate Risk

-0.0%--
Nippon India Fixed Horizon Fund - XLIII - Series 4 Direct Growth

Moderate Risk

-0.0%--
Nippon India Fixed Horizon Fund XLII Series 6 Direct Growth

Moderate Risk

----
Nippon India Interval Fund Quarterly Series I Direct Growth

Low Risk

-0.0%₹52.30 Cr7.0%
Nippon India Fixed Horizon Fund XXXX Series 10 Direct Growth

Moderate Risk

-0.0%--
Nippon India Fixed Horizon Fund XLIV Series 4 Direct Growth

Low to Moderate Risk

---6.8%
Nippon India Fixed Horizon Fund XLIV Series 3 Direct Growth

Moderate Risk

----
Nippon India Interval Fund Annual Series I Direct Growth

Low Risk

-0.0%₹16.45 Cr7.1%
Nippon India Fixed Horizon Fund XLIV Series 5 Direct Growth

Moderate Risk

-0.0%--
Nippon India Fixed Horizon Fund - XLIII - Series 1 Direct Growth

Low to Moderate Risk

-0.0%₹186.11 Cr7.1%
Nippon India Fixed Horizon Fund XLIV Series 1 Direct Growth

Moderate Risk

-0.0%-6.8%
Nippon India Fixed Horizon Fund - XLIII - Series 3 Direct Growth

Moderate Risk

----
Nippon India Fixed Horizon Fund XLI Series 5 Direct Growth

Moderate Risk

-0.0%--
Nippon India Fixed Horizon Fund XLII Series 3 Direct Growth

Moderate Risk

----
Nippon India Fixed Horizon Fund XLIII Series 5 Direct Growth

Moderate Risk

-0.0%₹159.89 Cr6.9%
Nippon India Fixed Horizon Fund XXXIX Series 12 Direct Growth

Moderate Risk

-0.0%--
Nippon India Fixed Horizon Fund - XLIII - Series 2 Direct Growth

Moderate Risk

-0.0%--
Nippon India Fixed Horizon Fund XLI Series 3 Direct Growth

Moderate Risk

-0.0%--
Nippon India Capital Protection Oriented Fund II Plan A Direct Growth

Low Risk

--₹40.32 Cr9.7%
Nippon India Interval Fund Quarterly Series III Direct Growth

Low Risk

-0.0%₹4.95 Cr7.1%
Nippon India Fixed Horizon Fund XLI Series 13 Direct Growth

Moderate Risk

----
Nippon India Fixed Horizon Fund XXXX Series 9 Direct Growth

Moderate Risk

-0.0%--
Nippon India Interval Fund Quarterly Series II Direct Growth

Moderate Risk

-0.0%₹83.40 Cr7.4%
Nippon India Fixed Horizon Fund XXXX Series 18 Direct Growth

Moderate Risk

-0.0%--
Nippon India Interval Fund Monthly Series II Direct Growth

Low Risk

-0.0%₹3.95 Cr6.4%
Nippon India Fixed Horizon Fund XXXX Sr 20 Direct Growth

Moderate Risk

-0.0%--
Nippon India Fixed Horizon Fund - XXXX Series 13 Direct Growth

Moderate Risk

-0.0%--
Nippon India Fixed Horizon Fund - XLV - Series 4 Direct Growth

Low to Moderate Risk

-0.0%-6.8%
Nippon India Fixed Horizon Fund XLI Series 9 Direct Growth

Moderate Risk

-0.0%--
Nippon India Fixed Horizon Fund XLI Series 8 Direct Growth

Moderate Risk

-0.0%₹58.95 Cr7.0%
Nippon India Interval Fund Monthly Series I Direct Growth

Low Risk

-0.0%₹3.22 Cr6.3%
Nippon India Fixed Horizon Fund - XLV - Series 5 Direct Growth

Moderately High risk

-0.0%-8.8%
Nippon India Fixed Horizon Fund XXXIX Series 13 Direct Growth

Moderate Risk

-0.0%--
Nippon India Fixed Horizon Fund XLII Series 2 Direct Growth

Moderate Risk

----
Nippon India Nifty SDL Plus G-Sec - Jun 2029 Maturity 70:30 Index Fund Direct Growth

Moderate Risk

0.2%0.0%₹247.60 Cr6.7%
Nippon India Arbitrage Fund Direct Growth

Low Risk

0.4%0.0%₹14796.07 Cr8.4%
Nippon India Gilt Securities Fund Direct Growth

Moderate Risk

0.5%0.0%₹1867.36 Cr7.0%
Nippon India Banking & Financial Services Fund Direct Growth

Very High Risk

1.1%1.0%₹5541.72 Cr26.3%
Nippon India Power & Infra Fund Direct Growth

Very High Risk

1.2%1.0%₹5043.02 Cr82.0%
Nippon India Dynamic Bond Fund Direct Growth

Moderate Risk

0.3%0.0%₹4554.19 Cr6.6%
Nippon India Growth Fund Direct Growth

Very High Risk

0.8%1.0%₹26821.89 Cr60.1%
Nippon India Multi Cap Fund Direct Growth

Very High Risk

0.8%1.0%₹30500.56 Cr54.2%
Nippon India Gold Savings Fund Direct Growth

High Risk

0.9%1.0%₹1842.45 Cr19.9%
Nippon India Floating Rate Fund Direct Growth

Moderate Risk

0.3%0.0%₹7946.15 Cr7.5%

Risk Level

Your principal amount will be at Low Risk

Low Risk
Wealth Monitor

Unlock Expert Insights!

Maximise Returns with our Wealth Monitor App. Try it now!

Still got questions?
We're here to help.

The NAV of Nippon India Overnight Fund Direct Growth, as of 20-May-2024, is ₹129.73.
The fund has generated 6.81% over the last 1 year and 5.35% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
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 Nippon India Overnight Fund Direct Growth are:-
  1. Anju Chhajer
  2. Siddharth Deb