Shriram Overnight Fund Overview
Category Overnight Fund
BMSMONEY Rank N/A
BMSMONEY Rating N/A
Gro. Opt. As On: 20-12-2024
NAV ₹11.57(R) +0.02% ₹11.6(D) +0.02%
Returns 1Y 3Y 5Y 7Y 10Y
LumpSum (R) 6.56% -% -% -% -%
LumpSum (D) 6.65% -% -% -% -%
SIP (R) -24.01% -% -% -% -%
SIP (D) -23.95% -% -% -% -%
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
Pgim India Overnight Fund 6

NAV Date: 20-12-2024

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 10.01
0.0000
0.0200%
Shriram Overnight Fund - Regular Monthly IDCW 10.01
0.0000
0.0200%
Shriram Overnight Fund - Regular Growth 11.57
0.0000
0.0200%
Shriram Overnight Fund - Direct Growth 11.6
0.0000
0.0200%

Review Date: 20-12-2024

A review of the different performance parameters of the fund is as follows:
  1. Returns: It reflects the surge in the investment's value throughout the investment period, communicated as a percentage or a specific monetary sum. Our analysis encompassed four return parameters of this fund. We have organized the return parameters into three performance groups for evaluation: the top 25%, parameters that rank below the top 25% but above average, and parameters that are below average. Below, you'll find a breakdown of 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: 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 is defined as the prospect of not attaining expected yields or enduring financial setbacks due to numerous causes. 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: 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 % 0.51
0.51
0.49 | 0.53 32 | 34 Poor
3M Return % 1.56
1.58
1.52 | 1.65 32 | 34 Poor
6M Return % 3.18
3.21
3.05 | 3.30 31 | 34 Poor
1Y Return % 6.56
6.62
6.31 | 6.88 31 | 34 Poor
1Y SIP Return % -24.01
-23.96
-24.22 | -23.77 31 | 34 Poor
Return data last Updated On : Dec. 20, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Nov. 29, 2024
KPIs: Key Performance Indicators

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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
1M Return % 0.51 0.52 0.50 | 0.54 32 | 34
3M Return % 1.58 1.61 1.56 | 1.67 32 | 34
6M Return % 3.21 3.25 3.16 | 3.34 31 | 34
1Y Return % 6.65 6.71 6.50 | 6.97 29 | 34
1Y SIP Return % -23.95 -23.89 -24.06 | -23.71 31 | 34
Return data last Updated On : Dec. 20, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Nov. 29, 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 0.51 ₹ 10,051.00 0.51 ₹ 10,051.00
3M 1.56 ₹ 10,156.00 1.58 ₹ 10,158.00
6M 3.18 ₹ 10,318.00 3.21 ₹ 10,321.00
1Y 6.56 ₹ 10,656.00 6.65 ₹ 10,665.00
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 -24.01 ₹ 10,375.04 -23.95 ₹ 10,379.29
3Y ₹ 36000 ₹ ₹
5Y ₹ 60000 ₹ ₹
7Y ₹ 84000 ₹ ₹
10Y ₹ 120000 ₹ ₹
15Y ₹ 180000 ₹ ₹


Date Shriram Overnight Fund NAV Regular Growth Shriram Overnight Fund NAV Direct Growth
20-12-2024 11.572 11.5977
19-12-2024 11.57 11.5957
18-12-2024 11.568 11.5937
17-12-2024 11.5661 11.5917
16-12-2024 11.564 11.5897
13-12-2024 11.558 11.5835
12-12-2024 11.5559 11.5815
11-12-2024 11.5539 11.5795
10-12-2024 11.5519 11.5774
09-12-2024 11.5499 11.5754
06-12-2024 11.544 11.5694
05-12-2024 11.5421 11.5675
04-12-2024 11.5401 11.5655
03-12-2024 11.5382 11.5636
02-12-2024 11.5363 11.5616
29-11-2024 11.5303 11.5555
28-11-2024 11.5282 11.5534
27-11-2024 11.5261 11.5514
26-11-2024 11.5241 11.5493
25-11-2024 11.522 11.5472
22-11-2024 11.5159 11.541
21-11-2024 11.5138 11.5389

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.