Shriram Overnight Fund Overview
Category Overnight Fund
BMSMONEY Rank N/A
Rating N/A
Growth Option 07-03-2025
NAV ₹11.72(R) +0.02% ₹11.75(D) +0.02%
Returns 1Y 3Y 5Y 7Y 10Y
Lumpsum Regular 6.47% -% -% -% -%
Direct 6.54% -% -% -% -%
Benchmark
SIP (XIRR) Regular 6.41% -% -% -% -%
Direct 6.48% -% -% -% -%
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
TRUSTMF Overnight Fund 4
Invesco India Overnight Fund 5
Pgim India Overnight Fund 6

NAV Date: 07-03-2025

Scheme Name NAV Rupee Change Percent Change
Shriram Overnight Fund - Regular Daily IDCW 10.0
0.0000
0.0000%
Shriram Overnight Fund - Direct Daily IDCW 10.0
0.0000
0.0000%
Shriram Overnight Fund - Direct Monthly IDCW 10.03
0.0000
0.0200%
Shriram Overnight Fund - Regular Monthly IDCW 10.03
0.0000
0.0200%
Shriram Overnight Fund - Regular Growth 11.72
0.0000
0.0200%
Shriram Overnight Fund - Direct Growth 11.75
0.0000
0.0200%

Review Date: 07-03-2025

A review of the different performance parameters of the fund is as follows:
  1. Returns: It signifies the growth in the investment's value over a specific period, presented either as a percentage or a monetary figure. Our analysis focused on four return parameters of this fund. The return parameters have been categorized into three performance groups: the top 25%, those below the top 25% but above average, and those below average. Now, let's take a look at how each parameter has performed.
    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: Four return parameters of the fund are below average in the category, which are listed below:
      • 1Y Return %
      • 6M Return %
      • 3M Return %
      • 1M Return %
  2. Risk: Various factors can lead to the risk of either not meeting expected returns or encountering a monetary loss. For Shriram Overnight Fund, we have analyzed zero risk parameters and divided them 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: Risk-adjusted performance parameters in mutual funds are parameters that assess the return on investments based on the risks involved. These parameters provide a platform for investors to compare various investments, by considering both profits and the risks involved. For Shriram Overnight Fund, we have evaluated zero risk-adjusted performance parameters.
    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.


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.


Date Shriram Overnight Fund NAV Regular Growth Shriram Overnight Fund NAV Direct Growth
07-03-2025 11.7228 11.7502
06-03-2025 11.7209 11.7482
05-03-2025 11.719 11.7464
04-03-2025 11.7172 11.7445
03-03-2025 11.7154 11.7427
28-02-2025 11.7096 11.7369
27-02-2025 11.7077 11.7349
25-02-2025 11.7039 11.731
24-02-2025 11.702 11.7291
21-02-2025 11.6962 11.7232
20-02-2025 11.6943 11.7213
19-02-2025 11.6924 11.7194
18-02-2025 11.6905 11.7174
17-02-2025 11.6886 11.7155
14-02-2025 11.6828 11.7097
13-02-2025 11.6809 11.7077
12-02-2025 11.6789 11.7058
11-02-2025 11.677 11.7038
10-02-2025 11.6751 11.7019
07-02-2025 11.6693 11.696

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.