Historical NAV & Returns
About Sundaram Overnight Fund Direct Growth
Sundaram Overnight Fund Direct Growth is a debt fund. This fund was started on 20 March, 2019. The fund is managed by Sandeep Agarwal, Dwijendra Srivastava. This fund is suitable to keep your money safe.
Key Parameters
- Sundaram Overnight Fund Direct Growth has ₹473 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
- The fund has an expense ratio 0.1.
Returns
Sundaram Overnight Fund Direct Growth has given a CAGR return of 5.20% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 6.60%, 6.34% and 5.05% respectively.
Holdings
Sundaram Overnight Fund Direct Growth has allocated its funds majorly in Cash Equivalent. Its top holdings are 182 Days Treasury Bill 17-APr-2025, 182 DTB 10042025, 91 Days Tbill Red 24-04-2025
Taxation
As it is a overnight mutual fund the taxation is as follows:If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:Invested before 1 April 2023 and held for less than 24 months, STCG will be taxed at your income slab rate.Invested before 1 April 2023 and held for more than 24 months, LTCG will be taxed at 12.5%.Invested after 1 April 2023, capital gains will be taxed at your income slab rate.Dividends will always be taxed at slab rate.
Investment objective of Sundaram Overnight Fund Direct Growth
To generate income by investing in debt, money market instruments, cash and cash equivalents with overnight maturity / maturing in one business day. No Guarantee/Assurance: Investors are neither being offered any guaranteed/indicated returns nor any guarantee on repayment of capital by the Schemes. There is also no guarantee of capital or return either by the mutual fund or by the sponsor or by the Asset management Company.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 5000.00 and for SIP is INR 1000.00. Sundaram Overnight Fund Direct Growth has no lock in period.
Sundaram Overnight Fund Direct Growth Overview
| Expense ratio | 0.07% |
Benchmark | Nifty 1D Rate TR INR |
| AUM | ₹473 Cr |
| Inception Date | 20 March, 2019 |
| Min Lumpsum/SIP | ₹5000/-- |
| Exit Load | 0% |
| Lock In | No Lock-in |
TurnOver | 4.76% |
| STCG | Selling mutual fund within 36 months, gains taxed at slab rates. |
| LTCG | Holding over 3 years, gains taxed at slab rates without indexation. |
| Risk |   Low Risk |
Trailing Returns
as on (18-Apr-25)
Fund Distribution
as on (31-Dec-69)
- AUM of the fund stands at 472.9 Cr as of Mar'25
- AUM decreased by 224.9 Cr between Mar'25 and Feb'25
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 182 Days Treasury Bill 17-APr-2025 | 4.22% | 0% | |
182 DTB 10042025 | 3.17% | 0% | |
91 Days Tbill Red 24-04-2025 | 1.05% | 0% |
Funds | 1Y Returns | 3Y Returns | 5Y Returns | Since Inception |
|---|---|---|---|---|
 Sundaram Overnight Fund Direct Growth | 6.6% | 6.34% | 5.05% | 5.2% |
 Bank of India Overnight Fund Direct Growth | 6.7% | 6.42% | 5.17% | 5.14% |
 Axis Overnight Fund Direct Growth | 6.65% | 6.38% | 5.1% | 5.09% |
 ICICI Prudential Overnight Fund Direct Growth | 6.59% | 6.33% | 5.05% | 5.14% |
Mutual Fund Insights
Sundaram Overnight Fund Direct Growth Highlights
Low Risk
About the fund
AUM size ₹473 Cr
Expense Ratio 0.07%
More funds from Sundaram
5Y CAGR
▲ 5.98
Frequently Asked Questions for Sundaram Overnight Fund Direct Growth
Sundaram Overnight Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.52% | 0.52% |
6 Month Returns | 3.22% | 3.22% |
1 Year Returns | 6.6% | 6.6% |
3 Years Returns | 20.24% | 6.34% |
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
AAA | 100 |