DEBT•OVERNIGHT FUND
Shriram Overnight Fund
3 Year return
6.08%
NAV on August 06, 2026
1266.1605
1D Returns
+0.16%
Launched on August 2022(4 years)
Investment Details
₹500
Minimum SIP Amount
₹500
Minimum one time investment
Fund has no lock-in period
Calculate Returns
Based on past performance of this fund
₹
Your Investment₹3,600
Gain
9.94%₹358
Total Value ₹3,958
Risk Involved
Your principal will be at
Very High Risk
Scheme Information
Asset Under Management
₹41.14 Cr.
Expense Ratio
0.19% (inclusive of GST)
Exit Load
Nil
Ratings
0
Ratings by other agencies
Value Research
0
Crisil
0
Morning Star
0
Tax Implications
Tax on gains as per your income tax bracket
Shriram Mutual Fund Manager
AM
Amit Modani
Fund Manager since Nov 2025
DR
Deepak Ramaraju
Fund Manager since Aug 2022
PN
Prateek Nigudkar
Fund Manager since Aug 2025
SS
Sudip Suresh More
Fund Manager since Oct 2024
Fund House Details
Shriram Mutual Fund
Asset management company
AUM
₹1,160.83 Cr.
No. of Schemes
18
Setup Date
27th July 1994
Peer Comparison
Comparison with other similar funds
| Funds | 3 Y Returns | ARQ Rating |
|---|---|---|
| Bank of India Overnight Fund | 6.2766% | 0 |
| Axis Overnight Fund | 6.1717% | 5 |
| Mirae Asset Overnight Fund | 6.1533% | 3.5 |
Schemes by Shriram Mutual Fund
List of mutual fund schemes by AMC
Funds
3 Years Returns
Hybrid . Dynamic Asset Allocation or Balanced Advantage
Shriram Balanced Advantage Fund Direct Growth8.3127%
Hybrid . Dynamic Asset Allocation or Balanced Advantage
Shriram Balanced Advantage Fund Direct IDCW Payout8.1521%
The Shriram Overnight Fund Direct 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 high liquidity and safety while generating returns that are slightly higher than the returns offered by bank fixed deposits. The fund has been rated as 4-star by CRISIL and is managed by Shriram Mutual Fund, one of the leading asset management companies in India.
Investment Objectives of the Scheme
The investment objective of the Shriram Overnight Fund Direct Growth is to provide investors with income for their investments by investing in a diversified portfolio of overnight debt securities.
Key Features of The Fund
5-year return
0%
Expense Ratio
0.19%
Fund Manager
Amit Modani
Fund Size
₹41.14 Cr.
Risk Profile
Low
Is This Scheme Right for Me?
The Shriram Overnight Fund Direct 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 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 | Shriram Mutual Fund |
| Launch Date | 27th July 1994 |
| Address | 217, 2nd Floor, Swastik Chambers, Near Junction of S.T. & C.S.T. Road, Chembur, MUMBAI – 400 071 |
| Contact | 033 2337 3012 |
| info@shriramamc.in | |
| Website | https://www.shriramamc.in/ |
Disclaimer: Mutual funds are subject to market risk. Read all scheme-related documents carefully to make informed-decision.
Reach Your Goals Faster with SIP
Many investors choose Systematic Investment Plans (SIPs) to invest in mutual funds. SIPs allow for disciplined investing by setting up a fixed amount to be invested regularly. This approach helps average out the cost per unit over time and reduces the impact of market volatility. To plan your SIP investment and estimate potential returns, try Angel One's free SIP investment calculator.
FAQs
What is today's NAV of Shriram 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 Shriram Overnight Fund on August 06, 2026, is ₹1266.1605
What is the AUM of Shriram 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 Shriram Overnight Fund, is ₹41.14 crore.
What is the expense ratio of Shriram 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 Shriram Overnight Fund is 0.19%
What are the returns of Shriram Overnight Fund since inception?
The Shriram Overnight Fund was launched on August 17, 2022. The fund has delivered a CAGR of undefined since inception.
What is the minimum SIP amount to invest in Shriram 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 Shriram Overnight Fund is ₹500.
How do I invest in Shriram 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 Shriram 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 Shriram 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 Shriram 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
₹
₹3,958 in 3Y at 6.0769% returns
SIP Date1st of every month
Your next SIP Payment will be on 7 September 2026
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