Dezerv

Fund Overview

Fund Size

Fund Size

₹186 Cr

Expense Ratio

Expense Ratio

0.07%

ISIN

ISIN

INF680P01323

Minimum SIP

Minimum SIP

₹1,000

Exit Load

Exit Load

No Charges

Inception Date

Inception Date

26 Aug 2022

About this fund

Shriram Overnight Fund Direct Growth is a Money Market mutual fund schemes offered by Shriram Mutual Fund. This fund has been in existence for 1 years, 7 months and 22 days, having been launched on 26-Aug-22.
As of 17-Apr-24, it has a Net Asset Value (NAV) of ₹11.11, Assets Under Management (AUM) of 186.08 Crores, and an expense ratio of 0.07%.
  • Shriram Overnight Fund Direct Growth has given a CAGR return of 6.61% 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 Shriram Overnight Fund Direct Growth with a SIP of ₹1000 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

+6.79%

+6.12%(Cat. Avg.)

Since Inception

+6.61%

--%(Cat. Avg.)

Portfolio Summaryas of 31st March 2024

Others186.08 Cr100.00%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
Clearing Corporation Of India Ltd.Cash - Repurchase Agreement185.9 Cr99.90%
Net Receivables / (Payables)Cash0.18 Cr0.10%

Allocation By Credit Quality (Debt)

AAA

Other Allocation

Equity Sector

Debt & Others

InstrumentsAmount sortHoldings sort
Cash - Repurchase Agreement185.9 Cr99.90%
Cash0.18 Cr0.10%

Risk & Performance Ratios

Standard Deviation

This fund

--

Cat. avg.

0.68%

Lower the better

Sharpe Ratio

This fund

--

Cat. avg.

-0.17

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

0.10

Higher the better

Fund Managers

GB

Gargi Banerjee

Since August 2022

DR

Deepak Ramaraju

Since August 2022

Additional Scheme Detailsas of 31st March 2024

ISININF680P01323Expense Ratio0.07%Exit LoadNo ChargesFund Size₹186 CrAge26 Aug 2022Lumpsum Minimum₹5,000Fund StatusOpen Ended Investment CompanyBenchmarkCRISIL Overnight Index 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 Money Market Funds

Fund nameExpense RatioExit LoadFund size
1Y
Edelweiss Money Market Fund Regular Growth

Low to Moderate Risk

1.0%0.0%₹400.39 Cr6.8%
Union Money Market Fund Direct Growth

Low to Moderate Risk

0.3%0.0%₹202.26 Cr7.2%
Union Money Market Fund Regular Growth

Low to Moderate Risk

1.1%0.0%₹202.26 Cr6.4%
TRUSTMF Money Market Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹99.85 Cr7.3%
TRUSTMF Money Market Fund Regular Growth

Low to Moderate Risk

0.3%0.0%₹99.85 Cr7.2%
LIC MF Money Market Fund Direct Growth

Low Risk

0.2%0.0%₹21.45 Cr7.0%
LIC MF Money Market Fund Regular Growth

Low Risk

0.6%0.0%₹21.45 Cr6.5%
Tata Money Market Fund Regular Growth

Moderate Risk

0.4%0.0%₹14015.19 Cr7.7%
Franklin India Money Market Fund Regular Growth

Low to Moderate Risk

0.3%0.0%₹1445.96 Cr7.5%
HDFC Money Market Fund Regular Growth

Moderate Risk

0.3%0.0%₹18241.18 Cr7.6%

About the AMC

Total AUM

₹445 Cr

Address

CK-6, 2nd Floor, Kolkata, 700 091

Other Funds by Shriram Mutual Fund

Fund nameExpense RatioExit LoadFund size
1Y
Shriram Multi Asset Allocation Fund Direct Growth

Very High Risk

0.3%1.0%₹126.58 Cr-
Shriram Flexi Cap Fund Direct Growth

Very High Risk

0.8%1.0%₹83.51 Cr40.9%
Shriram Overnight Fund Direct Growth

Low Risk

0.1%0.0%₹186.08 Cr6.8%
Shriram Balanced Advantage Fund Direct Growth

Very High Risk

0.6%1.0%₹46.26 Cr28.8%
Shriram Hybrid Equity Fund Direct Growth

Very High Risk

0.8%1.0%₹46.00 Cr32.3%
Shriram Long Term Equity Fund Direct Growth

Very High Risk

0.8%0.0%₹47.33 Cr38.6%

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 Shriram Overnight Fund Direct Growth, as of 17-Apr-2024, is ₹11.11.
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 Shriram Overnight Fund Direct Growth are:-
  1. Gargi Banerjee
  2. Deepak Ramaraju