Shriram Overnight Fund Overview
Category Overnight Fund
BMSMONEY Rank N/A
BMSMONEY Rating N/A
Gro. Opt. As On: 17-01-2025
NAV ₹11.63(R) +0.02% ₹11.65(D) +0.02%
Returns 1Y 3Y 5Y 7Y 10Y
LumpSum (R) 6.53% -% -% -% -%
LumpSum (D) 6.62% -% -% -% -%
SIP (R) 6.48% -% -% -% -%
SIP (D) 6.55% -% -% -% -%
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: 17-01-2025

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 11.63
0.0000
0.0200%
Shriram Overnight Fund - Direct Growth 11.65
0.0000
0.0200%

Review Date: 17-01-2025

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: 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 % 0.53
0.55
0.53 | 0.57 32 | 34 Poor
3M Return % 1.59
1.62
1.55 | 1.68 32 | 34 Poor
6M Return % 3.17
3.22
3.07 | 3.32 32 | 34 Poor
1Y Return % 6.53
6.61
6.29 | 6.85 31 | 34 Poor
1Y SIP Return % 6.48
6.56
6.25 | 6.78 32 | 34 Poor
Return data last Updated On : Jan. 17, 2025.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Dec. 31, 2024
KPIs: Key Performance Indicators

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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
1M Return % 0.54 0.56 0.54 | 0.57 34 | 34
3M Return % 1.60 1.64 1.58 | 1.70 33 | 34
6M Return % 3.21 3.26 3.16 | 3.35 32 | 34
1Y Return % 6.62 6.69 6.48 | 6.93 31 | 34
1Y SIP Return % 6.55 6.65 6.44 | 6.86 32 | 34
Return data last Updated On : Jan. 17, 2025.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Dec. 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 0.53 ₹ 10,053.00 0.54 ₹ 10,054.00
3M 1.59 ₹ 10,159.00 1.60 ₹ 10,160.00
6M 3.17 ₹ 10,317.00 3.21 ₹ 10,321.00
1Y 6.53 ₹ 10,653.00 6.62 ₹ 10,662.00
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 6.48 ₹ 12,417.59 6.55 ₹ 12,422.10
3Y ₹ 36000 ₹ ₹
5Y ₹ 60000 ₹ ₹
7Y ₹ 84000 ₹ ₹
10Y ₹ 120000 ₹ ₹
15Y ₹ 180000 ₹ ₹


Date Shriram Overnight Fund NAV Regular Growth Shriram Overnight Fund NAV Direct Growth
17-01-2025 11.6277 11.654
16-01-2025 11.6257 11.652
15-01-2025 11.6238 11.65
14-01-2025 11.6218 11.648
13-01-2025 11.6199 11.6461
10-01-2025 11.6138 11.6399
09-01-2025 11.6118 11.6379
08-01-2025 11.6097 11.6358
07-01-2025 11.6077 11.6337
06-01-2025 11.6056 11.6317
03-01-2025 11.5998 11.6258
02-01-2025 11.5979 11.6238
01-01-2025 11.596 11.6219
31-12-2024 11.5941 11.62
30-12-2024 11.5922 11.6181
27-12-2024 11.586 11.6119
26-12-2024 11.584 11.6098
24-12-2024 11.5801 11.6059
23-12-2024 11.5781 11.6039
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

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.