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Fincash » Mutual Funds » SBI Overnight Fund

SBI Overnight Fund - G

NAV  ₹3,901.4 ↑ 0.70  (0.02 %) as on 16 Jun 24

(Erstwhile SBI Magnum InstaCash Fund - Liquid Floater Plan)

Scheme Objective

To mitigate interest rate risk and generate opportunities for regular income through a portfolio investing predominantly in floating rate securities and Money Market instruments.

SBI Overnight Fund is a Debt - Overnight fund launched on 1 Oct 02. It is a fund with Low risk and has given a CAGR return of 6.5% since its launch.  Ranked 59 in Overnight category.  Return for 2023 was 6.6% , 2022 was 4.6% and 2021 was 3.1% .

Below is the key information for SBI Overnight Fund

NAV as on 16 Jun 24₹3,901.4 ↑ 0.70  (0.02 %)
Net Assets (AUM) as on 30 Apr 2024 ₹15,477 Cr.
Launch Date1 Oct 2002
CategoryDebt - Overnight
Rating
TypeOpen Ended Fund
RiskLow
Yield To Maturity7.09%
Effective Maturity1 Day
Modified Duration1 Day
Alpha Ratio0.0
Expense Ratio0.18 %
Sharpe Ratio-42.831
Information Ratio0.0
BenchmarkNot Available
ISININF200K01LQ9
AMCSBI Funds Management Private Limited
Min Investment ₹5,000
Min SIP Investment ₹2,000
Exit Load 0-1 Months (0.2%),1 Months and above(NIL)

Returns

Annual Compounded Returns

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 16 Jun 24

DurationReturns
1 Month 0.5%
3 Month 1.6%
6 Month 3.3%
1 Year 6.7%
3 Year 5.3%
5 Year 4.7%
10 Year
15 Year
Since launch 6.5%

Historical Annual Returns

Historical performance (Yearly) on absolute basis

YearReturns
2023 6.6%
2022 4.6%
2021 3.1%
2020 3.3%
2019 5.6%
2018 6.2%
2017 5.8%
2016 6.8%
2015 7.8%

Growth of 10k Over Years

DateValue
31 May 19₹10,000
31 May 20₹10,462
31 May 21₹10,775
31 May 22₹11,130
31 May 23₹11,778
31 May 24₹12,565
SBI Overnight Fund Growth 10k Chart

Asset Allocation

Asset ClassValue
Cash100%
SBI Overnight Fund Asset Allocation

Sector Allocation

SectorValue
Cash Equivalent97%
Government3%
RatingValue
AAA100%
SBI Overnight Fund Debt Allocation

Top Securities Holdings / Portfolio

Holdings/Securities

NameGlobal IndustryHoldingValueQuantity
Treps
CBLO/Reverse Repo | -
53%₹8,136 Cr
Reverse Repo
CBLO/Reverse Repo | -
44%₹6,761 Cr
India (Republic of)
- | -
3%₹464 Cr46,500,000
↑ 46,500,000
91 DTB 02052024
Sovereign Bonds | -
1%₹215 Cr21,500,000
Net Receivable / Payable
CBLO | -
1%-₹99 Cr
91 DTB 25042024
Sovereign Bonds | -
₹0 Cr00
↓ -25,000,000
1 - 6 of 6
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Fund Managers

NameSinceTenure
R. Arun1 Apr 1212.09 Yr.

Custodians

CompanyAddress
Bank of Nova Scotia12/13, Maker Chamber VI,220, Nariman Point
HDFC Bank LtdHDFC Bank House,Kamala Mills Compound,Senapati Bapat Marg,,Lower Parel (W),
SBI-SG Global Securities Services Private Limited“B Wing”, “Jeevan Seva” Annexe Bldg.,Ground Floor, S.V. Road,Santacruz (W),,Mumbai – 400054

Registrar & Transfer Agent

Computer Age Management Services Ltd
AddressNew No.10, Old No.178,,Kodambakkam High Road,,Opp. Hotel Palmgrove,,Nungambakkam
FAX91-44-28283610
Emailenq_L@camsonline.com

Administrator Companies

CompanyAddress
SBI Mutual Fund191"E", Maker Tower,Cuffe Parade

Auditors

CompanyAddress
M/s. M. M. Nissim & Co.3rdFloor, B Wing, Barodawala Mansion, 81,,Dr. Annie Besant Road, Worli,

All Plan & Options

Fund and PlanNAV6 Month1 Year3 Year5 Year
SBI Overnight Fund
Growth
₹3,901.4
↑ 0.70
3.29 %6.68 %5.3 %4.68 %
Data as on 16 Jun 24

Disclaimer:
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data.