Tata Overnight Fund Overview
Category Overnight Fund
BMSMONEY Rank 17
BMSMONEY Rating
Gro. Opt. As On: 19-11-2024
NAV ₹1308.07(R) +0.02% ₹1316.29(D) +0.02%
Returns 1Y 3Y 5Y 7Y 10Y
LumpSum (R) 6.61% 5.8% 4.78% -% -%
LumpSum (D) 6.74% 5.92% 4.9% -% -%
SIP (R) -9.21% 4.59% 4.91% -% -%
SIP (D) -9.1% 4.72% 5.03% -% -%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
-2.75 -0.63 0.57 -% -
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
0.37% 0.0% 0.0% - 0.3%
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
TATA Overnight Fund Direct Plan - Daily Reinvestment of Income Distribution cum capital withdrawal option 1000.0
0.0000
0.0000%
TATA Overnight Fund Regular Plan - Daily Reinvestment of Income Distribution cum capital withdrawal option 1000.0
0.0000
0.0000%
Tata Overnight Fund-Regular Plan-Growth 1308.07
0.2200
0.0200%
Tata Overnight Fund-Direct Plan-Growth 1316.29
0.2300
0.0200%

Review Date: 19-11-2024

Tata Overnight Fund has shown poor performance in the Overnight Fund category. The fund has rank of 17 out of 26 funds in the category. The fund has delivered return of 6.61% in 1 year, 5.8% in 3 years and 4.78% in 5 years. The category average for the same periods is 6.62%, 10.33% and 7.34% respectively, which shows average return performance of fund in the category. The fund has exhibited standard deviation of 0.37. The category average for the same parameter is 0.36 The fund has high risk in the category.

Key Points:

  1. An investment of ₹10,000 in Tata Overnight Fund direct growth option would have grown to ₹10674.0 in 1 year, ₹11883.0 in 3 years and ₹12700.0 in 5 years as of today (19-11-2024).
  2. An SIP of ₹1,000 per month in Tata Overnight Fund direct growth option would have grown to ₹11398.0 in 1 year, ₹38689.0 in 3 years and ₹68157.0 in 5 years as of today (19-11-2024).
  3. Sharpe ratio of the fund is -2.75 which shows average performance of fund in the overnight fund category.


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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
1M Return % 0.50
0.50
0.47 | 0.53 16 | 34 Good
3M Return % 1.59
1.59
1.51 | 1.64 19 | 34 Average
6M Return % 3.19
3.19
3.02 | 3.28 16 | 34 Good
1Y Return % 6.61
6.62
6.31 | 6.92 18 | 34 Good
3Y Return % 5.80
10.33
5.63 | 127.98 21 | 27 Average
5Y Return % 4.78
7.34
4.66 | 66.07 15 | 24 Average
1Y SIP Return % -9.21
-9.21
-9.49 | -9.00 19 | 34 Average
3Y SIP Return % 4.59
8.38
4.40 | 106.65 20 | 27 Average
5Y SIP Return % 4.91
8.05
4.17 | 85.04 12 | 24 Good
Standard Deviation 0.37
0.36
0.35 | 0.37 16 | 26 Average
Semi Deviation 0.30
0.30
0.29 | 0.30 14 | 26 Good
Sharpe Ratio -2.75
-2.73
-3.32 | -2.32 19 | 26 Average
Sterling Ratio 0.57
0.57
0.56 | 0.59 20 | 26 Average
Sortino Ratio -0.63
-0.63
-0.70 | -0.57 19 | 26 Average
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 % 0.51 0.50 0.49 | 0.53 7 | 34
3M Return % 1.62 1.61 1.57 | 1.66 5 | 34
6M Return % 3.25 3.23 3.13 | 3.32 5 | 34
1Y Return % 6.74 6.70 6.51 | 7.01 5 | 34
3Y Return % 5.92 10.42 5.74 | 128.14 11 | 27
5Y Return % 4.90 7.44 4.76 | 66.21 11 | 24
1Y SIP Return % -9.10 -9.13 -9.30 | -8.93 5 | 34
3Y SIP Return % 4.72 8.47 4.50 | 106.82 6 | 27
5Y SIP Return % 5.03 8.14 4.25 | 85.18 4 | 24
Standard Deviation 0.37 0.36 0.35 | 0.37 16 | 26
Semi Deviation 0.30 0.30 0.29 | 0.30 14 | 26
Sharpe Ratio -2.75 -2.73 -3.32 | -2.32 19 | 26
Sterling Ratio 0.57 0.57 0.56 | 0.59 20 | 26
Sortino Ratio -0.63 -0.63 -0.70 | -0.57 19 | 26
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 0.50 ₹ 10,050.00 0.51 ₹ 10,051.00
3M 1.59 ₹ 10,159.00 1.62 ₹ 10,162.00
6M 3.19 ₹ 10,319.00 3.25 ₹ 10,325.00
1Y 6.61 ₹ 10,661.00 6.74 ₹ 10,674.00
3Y 5.80 ₹ 11,841.00 5.92 ₹ 11,883.00
5Y 4.78 ₹ 12,629.00 4.90 ₹ 12,700.00
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 -9.21 ₹ 11,390.68 -9.10 ₹ 11,398.19
3Y ₹ 36000 4.59 ₹ 38,614.61 4.72 ₹ 38,688.91
5Y ₹ 60000 4.91 ₹ 67,947.54 5.03 ₹ 68,157.18
7Y ₹ 84000 ₹ ₹
10Y ₹ 120000 ₹ ₹
15Y ₹ 180000 ₹ ₹


Date Tata Overnight Fund NAV Regular Growth Tata Overnight Fund NAV Direct Growth
19-11-2024 1308.0697 1316.2941
18-11-2024 1307.8468 1316.0654
14-11-2024 1306.9656 1315.1612
13-11-2024 1306.7462 1314.9359
12-11-2024 1306.525 1314.7089
11-11-2024 1306.3038 1314.4819
08-11-2024 1305.6364 1313.7973
07-11-2024 1305.4133 1313.5684
06-11-2024 1305.1968 1313.3461
05-11-2024 1304.9815 1313.1251
04-11-2024 1304.7626 1312.9006
31-10-2024 1303.8908 1312.0059
30-10-2024 1303.6723 1311.7816
29-10-2024 1303.4533 1311.5569
28-10-2024 1303.2357 1311.3336
25-10-2024 1302.5437 1310.6243
24-10-2024 1302.311 1310.3857
23-10-2024 1302.0806 1310.1496
22-10-2024 1301.8484 1309.9115
21-10-2024 1301.6198 1309.6772

Fund Launch Date: 25/Mar/2019
Fund Category: Overnight Fund
Investment Objective: The objective of the scheme is to seek to generate returns commensurate with low risk and providing high level of liquidity, through investments made primarily in overnight securities having maturity of 1 business day. 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: 1) Ideal for Corporate / HNIs Investors who are looking at short term investments with investment horizon of 1 day to 1 month and ready to invest available short-term surplus funds. 2) The fund will invest in securities/instruments maturing on or before next business day. 3) With addtional features such as No mark to market risk and interest rate risk.
Fund Benchmark: CRISIL Overnight Index
Source: Fund FactSheet

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