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Shriram Overnight Fund - Direct (IDCW-M)

Overnight Fund
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  • NAV

    10.03(0.02%)

  • Fund Size (CR)

    ₹208.15

  • Expense Ratio

    0.11

  • Scheme Type

    Active Fund

  • Value Research

  • Min. investment

    ₹500

  • Minimum Additional Investment

    ₹500

  • Minimum SIP Investment

    ₹500

  • Minimum Withdrawal

    ₹1,000

  • Exit Load Nil

    0%

  • Return Since Launch

    3.56%
  • 3M
  • 6M
  • 1Y
  • 3Y
  • All
Absolute Return: -0.01%
Annualized Return: 0% [object Object]

Basic Details

Scheme Manager

Deepak Ramaraju

Bench Mark

CRISIL Overnight Index

Type

OPEN

Lumpsum Returns

Period Invested For₹10,000 Invested onLatest ValueAbsolute ReturnsAnnualised ReturnsCategory AvgRank within Category
1 Week 27 January 202510012.040.12%-0.12%178/256
1 Month3 January 202510053.630.54%-0.48%164/256
3 Month3 November 202410160.071.60%-1.46%152/255
6 Month3 August 202410322.133.22%-2.92%151/254
1 Year3 February 202410657.766.58%6.58%6.01%153/254
3 Year--0%-5.55%-/-
5 Year--0%-4.84%-/-
Since Inception26 August 202210891.708.92%3.56%5.96%226/256

Note: Lumpsum Returns since Inception Date.

SIP Returns

Period Invested For₹10,000 Invested onInvestmentsLatest ValueAbsolute ReturnsAnnualised Returns
1 Year1 March 20241,20,000130341.568.62% 8.62%
3 Year-----
5 Year-----
10 Year-----

Note: SIP Returns since Inception Date.

Tax Treatment

If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 10%, if your total long term capital gain exceeds 1 lakh. Any cess/surcharge is not included.If sold before 1 year from purchase date, short term capital gain tax will be applicable. Current tax rate is 15%. Any cess/surcharge is not included in the 15%.

Mutual Funds Calculator

  • Investment type
  • Scheme based
  • SIP
  • Lumpsum

Monthly Investment (₹)

Expected Returns Rate (%)

Time Period (in Years)

Start your SIP now

  • Invested Amount

    ₹25,000

  • Estimated Returns

    ₹19,059

76%

Returns

Future value of your investment

₹44,059

Risk Ratios

0.15%

Standard Deviation

0.01%

Beta

-1.26%

Sharpe Ratio

18.19%

Treynor's Ratio

-0.74%

Jension's Alpha

Asset Allocation

Sector Allocation

There is no Sector Allocation data

Top 10 stock holding in portfolio

Stock Invested in% of Total HoldingsQuantityValue (Cr)Asset TypeSegment
C C I98.98%-217.95Reverse RepoDebt Others
Net CA & Others1.02%-2.25Net CA & OthersDebt Others

Peer Comparison

Scheme NameValue ResearchAsset Size (Cr)1M3M6M1Y3Y
Shriram Overnight Fund - Direct (IDCW-M)
208.150.54%1.60%3.22%6.58%-
PGIM India Overnight Fund - Direct (IDCW-W)
102.820.92%2.93%7.91%12.59%8.21%
Bandhan Overnight Fund - Direct (IDCW-D) RI
805.010.78%2.15%4.19%8.49%7.75%
TRUSTMF Overnight Fund - Direct (IDCW-D) RI
139.010.58%2.02%4.18%8.46%6.70%
Bandhan Overnight Fund - Direct (IDCW-W) RI
805.010.56%2.55%4.34%7.85%6.47%
Helios Overnight Fund - Direct (IDCW-D) RI
131.490.58%1.74%3.49%7.71%-

News

There are no new Updates!

Fund House Details & Investment Objective

Date of Incorporation

17 August 2022

Total AUM (Cr)

₹220.20

Shriram Overnight Fund - Direct (IDCW-M) is an Overnight Fund-oriented fund from the renowned AMC, Shriram Mutual Fund. Launched in 17 August 2022, this fund is managed by Deepak Ramaraju. With assets under management (AUM) worth ₹220.2 (Cr), as of 3 February 2025, Shriram Overnight Fund - Direct (IDCW-M) is categorized as a Overnight Fund within its segment. The fund has generated a return of 3.56% since its launch.
The current NAV of Shriram Overnight Fund - Direct (IDCW-M) is ₹10.03, as on 3 February 2025. The fund's benchmark index is CRISIL Overnight Index. You can invest in Shriram Overnight Fund - Direct (IDCW-M) via both lumpsum and SIP modes. The minimum SIP amount in the fund is ₹500 while the minimum lumpsum investment is ₹500.

Being an open-ended fund, you can exit the fund anytime subject to applicable exit loads:
Nil The fund has generated undefined% and undefined% CAGR in the last 3 and 5 years respectively.

The fund aims to provide long-term capital appreciation and growth, by investing in a mix of financial instruments 98.98% in Debt and 1.02% in cash and cash equivalents.

FAQs

How to Invest in Shriram Overnight Fund - Direct (IDCW-M) Direct Growth?

Shriram Overnight Fund - Direct (IDCW-M) is a popular fund in the Overnight Fund segment. The fund has generated a return of 3.56% since inception. Looking to invest in Shriram Overnight Fund - Direct (IDCW-M) How about earning 1% extra return? All this is possible with m.Stock! Investing in Shriram Overnight Fund - Direct (IDCW-M) is super easy and convenient with m.Stock. Here’s how you can begin:

  • Login to your m.Stock account. If you do not have an account, open m.Stock Demat account and enjoy 1% extra returns plus Zero Brokerage across products for life.
  • In the ‘Menu’ section, under ‘Products’, select ‘Mutual Funds’ .
  • In the search bar, enter the fund name, in this case, Shriram Overnight Fund - Direct (IDCW-M)
  • On the top right corner you’ll see two options – Lumpsum and SIP. You can choose either based on your risk appetite and available investible corpus.
  • If you choose to invest a Lumpsum: Enter amount, select payment mode (UPI or Netbanking), and click on ‘invest a lumpsum’. Make the payment and your lumpsum investment is complete.
  • If you choose the SIP route, then enter SIP amount, SIP date, and set up ‘Autopay’ facility.

So, why wait? Invest in Shriram Overnight Fund - Direct (IDCW-M) today and reap the benefits of this Overnight Fund fund!

How much returns has Shriram Overnight Fund - Direct (IDCW-M) Direct Growth generated?

In the short term, i.e., 1 year, Shriram Overnight Fund - Direct (IDCW-M) has generated annualised return of 6.58%. In the long-term, the fund has generated undefined% and - in 3 and 5 years respectively. Since its inception, the fund has generated 3.56% returns.

What is the expense ratio of Shriram Overnight Fund - Direct (IDCW-M) Direct Growth?

The expense ratio of Shriram Overnight Fund - Direct (IDCW-M) Direct Growth is 0.11%. Expense ratio is the fees payable by investors of the scheme towards management, research and overall upkeep of the fund. The higher the expense ratio, the lower is the in-hand return for the investor. Expense ratio for direct plans is lower than regular plans, making them ideal for investors.

What is the AUM of Shriram Overnight Fund - Direct (IDCW-M) Fund Direct Growth?

The Assets Under Management (AUM) of Shriram Overnight Fund - Direct (IDCW-M) is ₹220.2 (Cr) as of 2025-02-03 AUM shows the fund’s popularity and is often indicative of fund strength.

How to redeem or withdraw money from Shriram Overnight Fund - Direct (IDCW-M) Direct Growth?

Redeeming or selling units of Shriram Overnight Fund - Direct (IDCW-M) is relatively simple. But before you redeem, ensure that the fund has completed the minimum lock-in period else you will be charged an exit load.


To redeem from Shriram Overnight Fund - Direct (IDCW-M):
  • Login to your m.Stock account
  • In portfolio, your mutual fund investments will be visible under ‘MF’
  • Select the fund you wish to redeem from (in this case Shriram Overnight Fund - Direct (IDCW-M)).
  • Click on ‘Redeem’ button
  • You have 2 options – redeem by units and redeem by value (you can only redeem free units)
  • Select units to be redeemed and click on submit.
  • Redemption value will be credited to your account in 2-3 working days (as per timelines set by SEBI).
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Note : Securities shown above are only for illustrative purposes and not recommendatory in nature. The data represents best/cumulative figures till date.