DEBT•OVERNIGHT FUND
Canara Robeco Overnight Fund
3 Year return
6.06%
NAV on August 11, 2026
1416.2918
1D Returns
+0.38%
Launched on July 2019(7 years)
Investment Details
N/A
Minimum SIP Amount
₹5000
Minimum one time investment
Fund has no lock-in period
Calculate Returns
Based on past performance of this fund
₹
Your Investment₹3,600
Gain
9.92%₹357
Total Value ₹3,957
Risk Involved
Your principal will be at
Very High Risk
Scheme Information
Asset Under Management
₹303.65 Cr.
Expense Ratio
0.08% (inclusive of GST)
Exit Load
Nil
Ratings
4
Ratings by other agencies
Value Research
2
Crisil
0
Morning Star
0
Tax Implications
Tax on gains as per your income tax bracket
Canara Robeco Mutual Fund Manager
AJ
Avnish Jain
Fund Manager since Dec 2025
SP
Suman Prasad
Fund Manager since Sep 2012
Fund House Details
Canara Robeco Mutual Fund
Asset management company
AUM
₹1,18,727.53 Cr.
No. of Schemes
97
Setup Date
December 1987
Peer Comparison
Comparison with other similar funds
| Funds | 3 Y Returns | ARQ Rating |
|---|---|---|
| Bank of India Overnight Fund | 6.2744% | 0 |
| Axis Overnight Fund | 6.1692% | 5 |
| Mirae Asset Overnight Fund | 6.1508% | 3.5 |
Schemes by Canara Robeco Mutual Fund
List of mutual fund schemes by AMC
Funds
3 Years Returns
Hybrid . Dynamic Asset Allocation or Balanced Advantage
Canara Robeco Balanced Advantage Fund Direct Plan Growth0%
Hybrid . Dynamic Asset Allocation or Balanced Advantage
Canara Robeco Balanced Advantage Fund Direct Plan IDCW Payout0%
Hybrid . Dynamic Asset Allocation or Balanced Advantage
Canara Robeco Balanced Advantage Fund Direct Plan IDCW Reinvestment0%
Equity . Sectoral / Thematic
Canara Robeco Banking and Financials Services Fund Direct Plan IDCW Payout0%
The Canara Robeco Overnight Fund Direct Plan Growth is an open-ended debt mutual fund scheme that invests in a portfolio of overnight debt securities. The fund aims to provide investors with a high level of liquidity and safety while generating returns that are slightly higher than the returns offered by bank fixed deposits. The fund is managed by Canara Robeco Mutual Fund, one of the leading asset management companies in India.
Investment Objectives of the Scheme
The investment objective of the Canara Robeco Overnight Fund Direct Plan Growth is to generate income for its investors by investing in a diversified portfolio of overnight debt securities.
Key Features of The Fund
5-year return
5.6053%
Expense Ratio
0.08%
Fund Manager
Avnish Jain
Fund Size
₹303.65 Cr.
Risk Profile
Low
Is This Scheme Right for Me?
The Canara Robeco Overnight Fund Direct Plan Growth is a good option for investors who are looking for a liquid and safe investment that can generate returns that are slightly higher than the returns offered by bank fixed deposits. The fund is suitable for investors who have a low to medium risk tolerance and who are looking for a relatively stable investment.
However, it is important to note that the fund is not a risk-free investment. The fund's returns can go down as well as up. Investors should only invest in the fund if they are comfortable with the risk of losing money.
AMC Contact Details
| Name | Canara Robeco Mutual Fund |
| Launch Date | December 1987 |
| Address | 4th Floor - Construction House, 5 - Walchand Hirachand Marg, Mumbai 400001 |
| Contact | 1800-209-2726 |
| crmf@canararobeco.com | |
| Website | https://www.canararobeco.com/ |
Disclaimer: Mutual funds are subject to market risk. Read all scheme-related documents carefully to make informed-decision.
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FAQs
What is today's NAV of Canara Robeco Overnight Fund?
NAV, or Net Asset Value, is the price of a single unit of a mutual fund. It is calculated by dividing the current value of holdings held by the mutual fund scheme at the end of the day by the total number of units issued. The NAV changes every day. The NAV of Canara Robeco Overnight Fund on August 11, 2026, is ₹1416.2918
What is the AUM of Canara Robeco Overnight Fund?
Short for Asset Under Management, AUM means the total assets held by a mutual fund scheme. The AUM of the fund changes every day based on the fluctuation in the price of the underlying assets. Fund houses don't update AUM on a daily basis. They only update it at the end of the month and release it within a few days of the following month. The AUM of Canara Robeco Overnight Fund, is ₹303.65 crore.
What is the expense ratio of Canara Robeco Overnight Fund?
The expense ratio is the annual charges you pay to the mutual fund house for managing your investments. It is a percentage of Assets Under Management. It is deducted from the fund's returns. The expense ratio of Canara Robeco Overnight Fund is 0.08%
What are the returns of Canara Robeco Overnight Fund since inception?
The Canara Robeco Overnight Fund was launched on July 19, 2019. The fund has delivered a CAGR of undefined since inception.
What is the minimum SIP amount to invest in Canara Robeco Overnight Fund?
A Systematic Investment Plan (SIP) in mutual funds allows you to invest small amounts periodically instead of a one-time investment. The frequency of investment can be monthly, quarterly, half-yearly or annually, as per your convenience. The minimum SIP for Canara Robeco Overnight Fund is ₹0.
How do I invest in Canara Robeco Overnight Fund?
- Make sure you are logged in to Angel One.
- Select the type of investment: SIP or one-time.
- In case of an SIP, select the amount and date and click ‘Start SIP’. In case of a one-time investment, enter just the amount.
- Proceed by clicking the pay button and choosing your mode of payment.
- Your portfolio will be updated with this investment in 3-5 working days.
How to start an SIP in Canara Robeco Overnight Fund?
- Click on the ‘Invest’ button.
- Enter your desired SIP amount and the SIP date.
- You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
- Choose your payment method between UPI and Net Banking.
- Make your payment.
- Your SIP is created.
How do I automate an SIP in Canara Robeco Overnight Fund?
- Once you create an SIP, click on ‘Set up autopay’
- Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
- Once you verify the OTP, your mandate request will be created.
How can I withdraw/redeem my investment in Canara Robeco Overnight Fund?
- Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
- Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
- Verify the details on the ‘Confirm withdraw’ screen.
- Select the bank account in which you want to receive the funds.
- You will receive your funds within three working days of placing the order.
- You can track your order in the ‘Orders’ section.
ENTER AMOUNT
₹
₹3,957 in 3Y at 6.0564% returns
SIP Date1st of every month
Your next SIP Payment will be on 11 September 2026
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