Dezerv

Fund Overview

Fund Size

Fund Size

₹49 Cr

Expense Ratio

Expense Ratio

0.13%

ISIN

ISIN

INF0K1H01040

Minimum SIP

Minimum SIP

₹500

Exit Load

Exit Load

No Charges

Inception Date

Inception Date

04 Oct 2022

About this fund

Samco Overnight Fund Direct Growth is a Overnight mutual fund schemes offered by Samco Mutual Fund. This fund has been in existence for 1 years, 8 months and 8 days, having been launched on 04-Oct-22.
As of 11-Jun-24, it has a Net Asset Value (NAV) of ₹1112.62, Assets Under Management (AUM) of 48.69 Crores, and an expense ratio of 0.13%.
  • Samco Overnight Fund Direct Growth has given a CAGR return of 6.53% 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 Samco Overnight Fund Direct Growth with a SIP of ₹500 or a Lumpsum investment of ₹5000.

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

+6.69%

(Cat Avg.)

Since Inception

+6.53%

(Cat Avg.)

Portfolio Summaryas of 15th May 2024

Others48.69 Cr100.00%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
Clearing Corporation Of India LtdCash - Repurchase Agreement52.36 Cr99.31%
Net Receivables / (Payables)Cash0.37 Cr0.69%

Other Allocation

Equity Sector

Debt & Others

InstrumentsAmount sortHoldings sort
Cash - Repurchase Agreement52.36 Cr99.31%
Cash0.37 Cr0.69%

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

DD

Dhawal Dhanani

Since October 2022

Umeshkumar Mehta

Umeshkumar Mehta

Since April 2024

Additional Scheme Detailsas of 15th May 2024

ISININF0K1H01040Expense Ratio0.13%Exit LoadNo ChargesFund Size₹49 CrAge04 Oct 2022Lumpsum Minimum₹5,000Fund 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%₹9383.44 Cr6.8%
Axis Overnight Fund Direct Growth

Low Risk

0.1%0.0%₹9383.44 Cr6.8%
Groww Overnight Fund Direct Growth

Low Risk

0.1%0.0%₹33.28 Cr6.8%
Groww Overnight Fund Regular Growth

Low Risk

0.2%0.0%₹33.28 Cr6.7%
Tata Overnight Fund Direct Growth

Low Risk

0.1%0.0%₹3907.60 Cr6.8%
Tata Overnight Fund Regular Growth

Low Risk

0.2%0.0%₹3907.60 Cr6.7%
Nippon India Overnight Fund Regular Growth

Low Risk

0.2%0.0%₹7082.62 Cr6.7%
Nippon India Overnight Fund Direct Growth

Low Risk

0.1%0.0%₹7082.62 Cr6.8%
Sundaram Overnight Fund Regular Growth

Low Risk

0.2%0.0%₹1114.91 Cr6.7%
Sundaram Overnight Fund Direct Growth

Low Risk

0.1%0.0%₹1114.91 Cr6.8%

About the AMC

Total AUM

₹2,205 Cr

Address

1003, A Naman Midtown, Mumbai, 400013

Other Funds by Samco Mutual Fund

Fund nameExpense RatioExit LoadFund size
1Y
Samco Dynamic Asset Allocation Fund Direct Growth

Low to Moderate Risk

0.7%1.0%₹582.41 Cr-
Samco ELSS Tax Saver Fund Direct Growth

Very High Risk

0.9%0.0%₹100.64 Cr39.1%
Samco Active Momentum Fund Direct Growth

Very High Risk

0.9%2.0%₹761.52 Cr-
Samco Flexi Cap Fund Direct Growth

Very High Risk

0.9%2.0%₹669.14 Cr27.2%
Samco Overnight Fund Direct Growth

Low Risk

0.1%0.0%₹48.69 Cr6.7%

Risk Level

Your principal amount will be at Low Risk

Low Risk
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The NAV of Samco Overnight Fund Direct Growth, as of 11-Jun-2024, is ₹1112.62.
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 Samco Overnight Fund Direct Growth are:-
  1. Dhawal Dhanani
  2. Umeshkumar Mehta