Rating : N/A
SBI Overnight Fund Direct Plan Growth
Overnight Fund
Fund Type
Open Ended
Investment Plan
Growth
Expense Ratio
0%
Asset Size
18458.25 Cr.
(As of 31 Dec, 2021)
Benchmark
CRISIL Overnight Index TR INR
Riskometer
Investors understand that their principal will be at Low Risk.
Objective
To provide the investors an opportunity to invest in overnight securities maturing on the next business day
Fund manager
R. Arun
Exit load
N / A
Minimum sip
₹0
Minimum investment
₹5000
Top Holdings
This fund is been allocated in various sectors including some of the prominent ones that are widely accepted and are creating a value of trust.
Company
Assets
Sector Allocation
About the Scheme Type
Overnight Funds is the least risky of all the debt mutual fund categories as they invest in overnight securities with a one day maturity period. While these funds are a great option for zero risk taking investors, they should also remember that in the process, even the returns will get compensated – lower maturity means lower returns. Given that these funds mature the next business day, any change, either in the interest rate by the RBI or the credit rating of the bond issuer, does not impact the price of the funds. Apart from low risk, focused funds can also act as an emergency fund.
Ratings
This fund is rated 0 stars by Morning Star Ratings.
N/A
Overview of SBI Funds Management Private Limited
With 30 years of rich experience in fund management, we at SBI Mutual Fund, bring forward our expertise by consistently delivering value to our investors. SBI Mutual Fund has a strong and proud lineage tailing back to the State Bank of India (SBI) - India's largest bank. SBI Mutual Fund is a Joint Venture between SBI and AMUNDI (France), one of the world's leading fund management companies.
SBI Mutual Fund’s vision -
“To be the most trusted and respected Asset Manager”, and we deliver value and nurture the trust of our vast and varied family of investors, with our network of over 222 acceptance points across India. Investors are our priority. SBI Mutual Fund’s mission is to establish Mutual Funds as a viable investment option to the masses in the country. While on our way towards achieving it, we, at SBI Mutual Fund, have developed innovative, need-specific products and educated the investors about the added benefits of investing in capital markets via Mutual Funds. Today, SBI Mutual Fund has been actively managing investor's assets not only through our investment expertise in domestic mutual funds, but also offshore funds and portfolio management advisory services for institutional investors.