Shriram Overnight Fund Overview
Category Overnight Fund
BMSMONEY Rank N/A
BMSMONEY Rating N/A
Gro. Opt. As On: 19-11-2024
NAV ₹11.51(R) +0.02% ₹11.53(D) +0.02%
Returns 1Y 3Y 5Y 7Y 10Y
LumpSum (R) 6.56% -% -% -% -%
LumpSum (D) 6.66% -% -% -% -%
SIP (R) -9.26% -% -% -% -%
SIP (D) -9.18% -% -% -% -%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
Top Overnight Fund
Fund Name Rank Rating
Bank of India Overnight Fund 1
Axis Overnight Fund 2
Uti Overnight Fund 3
Invesco India Overnight Fund 4
Mirae Asset Overnight Fund 5
Dsp Overnight Fund 6

NAV Date: 19-11-2024

Scheme Name NAV Rupee Change Percent Change
Shriram Overnight Fund - Direct Monthly IDCW 10.0
0.0000
0.0200%
Shriram Overnight Fund - Regular Daily IDCW 10.0
0.0000
0.0000%
Shriram Overnight Fund - Regular Monthly IDCW 10.0
0.0000
0.0200%
Shriram Overnight Fund - Direct Daily IDCW 10.0
0.0000
0.0000%
Shriram Overnight Fund - Regular Growth 11.51
0.0000
0.0200%
Shriram Overnight Fund - Direct Growth 11.53
0.0000
0.0200%

Review Date: 19-11-2024

A review of the different performance parameters of the fund is as follows:
  1. Returns: It captures the increment in the investment's value during the investment period, articulated as either a percentage or a monetary denomination. We carefully examined four return parameters of this fund to gauge its performance. The return parameters have been divided into three performance groups: the top 25%, parameters below the top 25% but exceeding the average, and parameters below the average mark. Please find the detailed analysis below.
    1. Top 25%: The fund does not have any return parameter in the top 25% in the category.
    2. Above Average Below the Top 25%: The fund does not have any return parameter which is above average but below the top 25%.
    3. Below Average: Shriram Overnight Fund has four return parameters that are below average in the category, which are listed below:
      • 1Y Return %
      • 6M Return %
      • 3M Return %
      • 1M Return %
  2. Risk: It refers to the chance of suffering a financial loss or not reaching the expected profits due to a variety of circumstances. Zero risk parameters of the fund are divided into three groups the lowest 25%, below average but above the lowest 25%, and above average, which are described below.
    1. Lowest 25%: Shriram Overnight Fund does not have any risk parameters in the lowest 25% of the category. It means high risk compared to other funds in the category.
    2. Below Average but Above the Lowest 25%: Shriram Overnight Fund does not have any risk parameters in the below average but above the lowest 25% of the category.
    3. Above Average: Shriram Overnight Fund does not have any risk parameters above average; which is a good sign.
  3. Risk Adjusted Performance Parameters: In mutual funds, risk-adjusted performance parameters are evaluation tools that gauge the returns of an investment against the risk taken. They assist investors in comparing various investments, factoring in both risk and returns. We have evaluated zero risk-adjusted performance parameters of the fund.
    1. Top 25% Risk Adjusted Performance Parameters: The fund does not have any risk-adjusted performance parameters that are in the top 25% of the category.
    2. Above Average Below Top 25% Risk Adjusted Performance Parameters: The fund does not have any risk-adjusted performance parameters that are in the above average but below top 25% of the category.
    3. Below Average Risk Adjusted Performance Parameters: The fund does not have any risk-adjusted performance parameters that are in the above average but below top 25% of the category.


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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
1M Return % 0.49
0.50
0.47 | 0.53 32 | 34 Poor
3M Return % 1.57
1.59
1.51 | 1.64 31 | 34 Poor
6M Return % 3.17
3.19
3.02 | 3.28 29 | 34 Poor
1Y Return % 6.56
6.62
6.31 | 6.92 31 | 34 Poor
1Y SIP Return % -9.26
-9.21
-9.49 | -9.00 31 | 34 Poor
Return data last Updated On : Nov. 19, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Oct. 31, 2024
KPIs: Key Performance Indicators

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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
1M Return % 0.49 0.50 0.49 | 0.53 32 | 34
3M Return % 1.59 1.61 1.57 | 1.66 31 | 34
6M Return % 3.20 3.23 3.13 | 3.32 29 | 34
1Y Return % 6.66 6.70 6.51 | 7.01 27 | 34
1Y SIP Return % -9.18 -9.13 -9.30 | -8.93 29 | 34
Return data last Updated On : Nov. 19, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Oct. 31, 2024
KPIs: Key Performance Indicators

Investment Period Regular Direct
Return % Current Value of ₹ 10000 Return % Current Value of ₹ 10000
1D 0.02 ₹ 10,002.00 0.02 ₹ 10,002.00
1W 0.12 ₹ 10,012.00 0.12 ₹ 10,012.00
1M 0.49 ₹ 10,049.00 0.49 ₹ 10,049.00
3M 1.57 ₹ 10,157.00 1.59 ₹ 10,159.00
6M 3.17 ₹ 10,317.00 3.20 ₹ 10,320.00
1Y 6.56 ₹ 10,656.00 6.66 ₹ 10,666.00
3Y ₹ ₹
5Y ₹ ₹
7Y ₹ ₹
10Y ₹ ₹
15Y ₹ ₹

Disclaimer: Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. Returns for periods above 1 year are annualised.

Investment Period Invested Amount Regular Direct
XIRR % Current Value of Invested Amount XIRR % Current Value of Invested Amount
1Y ₹ 12000 -9.26 ₹ 11,387.60 -9.18 ₹ 11,392.38
3Y ₹ 36000 ₹ ₹
5Y ₹ 60000 ₹ ₹
7Y ₹ 84000 ₹ ₹
10Y ₹ 120000 ₹ ₹
15Y ₹ 180000 ₹ ₹


Date Shriram Overnight Fund NAV Regular Growth Shriram Overnight Fund NAV Direct Growth
19-11-2024 11.5098 11.5348
18-11-2024 11.5077 11.5327
14-11-2024 11.5003 11.5252
13-11-2024 11.4984 11.5233
12-11-2024 11.4964 11.5213
11-11-2024 11.4946 11.5194
08-11-2024 11.489 11.5138
07-11-2024 11.487 11.5118
06-11-2024 11.4851 11.5099
05-11-2024 11.4832 11.508
04-11-2024 11.4814 11.5061
31-10-2024 11.4738 11.4985
30-10-2024 11.4719 11.4965
29-10-2024 11.4699 11.4945
28-10-2024 11.468 11.4926
25-10-2024 11.4621 11.4866
24-10-2024 11.4601 11.4845
23-10-2024 11.458 11.4825
22-10-2024 11.456 11.4804
21-10-2024 11.454 11.4784

Fund Launch Date: 26/Aug/2022
Fund Category: Overnight Fund
Investment Objective: The primary objective of the scheme is to generate returns commensurate with low risk and providing high level of liquidity, through investments made in debt and money market instruments with overnight maturity. However, there is no assurance or guarantee that the investment objective of the Scheme will be achieved. The Scheme does not assure or guarantee any returns.
Fund Description: The fund is designed to generate reasonable risk adjusted return in the short term. The fund selectively invests only in low risk, quality assets which have almost zero risk from interest rate movements and credit defaults. It is a relatively safer way of investing funds without undue risk of interest rate and credit risk. The fund generates a relatively stable returns to ensure there is minimal MTM risk or almost nil repricing risk.
Fund Benchmark: Crisil Liquid Overnight Index
Source: Fund FactSheet

Disclaimer: NO INVESTMENT ADVICE. The Content is for informational purposes only.