Groww Overnight Fund – Direct (IDCW-F)

Debt · Overnight
100
Min SIP
100
Min Lumpsum
0.08 %
Expense Ratio
Rating
74
Fund Size (in Cr)
5 Years
Fund Age
Mutual Fund SIP Calculator
Monthly Investment
Max: ₹1,00,000
Investment Period
Yrs
Max: 3 yrs
  • Invested Amount
    --
  • Wealth Gained
    --
  • Expected Amount
    --

Scheme Performance

Returns and Ranks ( as on 21 February 2024 )
1Y1Y 3Y3Y 5Y5Y MaxMax
Trailing Returns - 8.6% - 7%
Category Average 21.3% 14.8% 16.5% -

Scheme Allocation

By Holding
By Sector
By Asset
C C I
97.79%
Net CA & Others
2.21%
Others
100%
View all Sectors
Sectors Asset
Reverse Repos
95.94%
T-Bills
4.66%
Net Curr Ass/Net Receivables
-0.6%

Advance Ratio

-3.64
Alpha
4.84
SD
0.58
Beta
0.54
Sharpe

Exit Load

Exit Load Nil

Fund Objective

The Scheme aims to provide reasonable returns commensurate with low risk and providing a high level of liquidity, through investments made primarily in overnight securities having maturity of 1 business day. However, there can be no assurance that the investment objective of the scheme will be achieved. The Scheme(s) does not assure or guarantee any returns.

Fund Managers

Karan Singh - Fixed income - Head of Fixed Income

Mr. Karan Singh graduated from DU (Delhi University) in 1996 with a Bachelor’s Degree in Economics. Since 2018, he has been working with Indiabulls Asset Management as Head of Fixed Income. His 15-year experience in the financial sector is a crucial factor in his management of assets worth Rs. 618 crores.

Risk-O-Meter

Peer Comparison

Fund Name

AMC Contact Details

Groww Mutual Fund
AUM:
438 Cr
Address:
Floor 12 A, Tower 2 A, One World Center, Jupiter Mills Compound Senapati Bapat Marg, Mumbai - 400013
Contact:
022-69744435
Email ID:
iro@growwmf.in

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Frequently Asked Questions

How to invest in Groww Overnight Fund – Direct (IDCW-F) ?

You can invest in Groww Overnight Fund – Direct (IDCW-F) in a quick and simple process. Follow the below steps;
  • Login to your 5paisa account, Go to the Mutual Funds section.
  • Search for Groww Overnight Fund – Direct (IDCW-F) in the search box.
  • Click on "Start SIP" if you wish to do a SIP or click on “One-time” if you wish to invest a lumpsum amount then click on "Invest Now"

What is the NAV of Groww Overnight Fund – Direct (IDCW-F) ?

The NAV of Groww Overnight Fund – Direct (IDCW-F) is ₹1,216.9 as of 21 February 2024.

How to redeem Groww Overnight Fund – Direct (IDCW-F) holding ?

You can go to your holding on the app and click on the fund name you will get two options Invest More and Redeem; click on redeem and enter the amount or units you desire to redeem or you can tick on “Redeem all units”.

What is the minimum sip amount of Groww Overnight Fund – Direct (IDCW-F)?

The minimum SIP amount of Groww Overnight Fund – Direct (IDCW-F) is ₹100

How can I redeem my investments in Groww Overnight Fund – Direct (IDCW-F)?

Step 1: Visit the fund house's website
Step 2: Log in to your account by adding Folio No. and M-Pin
Step 3: Click on Widhrawal > Redemption
Step 4: Select Groww Overnight Fund – Direct (IDCW-F) in Scheme, enter the redemption amount, and click on submit button.

How much returns have Groww Overnight Fund – Direct (IDCW-F) generated ?

The Groww Overnight Fund – Direct (IDCW-F) has delivered 7% since inception

What is the expense ratio of Groww Overnight Fund – Direct (IDCW-F) ?

The expense ratio of Groww Overnight Fund – Direct (IDCW-F) is 0.08 % as of 21 February 2024.

What is the AUM of Groww Overnight Fund – Direct (IDCW-F)?

The AUM of Groww Overnight Fund – Direct (IDCW-F) is ₹438 Cr as of 21 February 2024

What are the top stock holdings of Groww Overnight Fund – Direct (IDCW-F)?

The top stock holdings of Groww Overnight Fund – Direct (IDCW-F) are
  1. C C I - 97.79%
  2. Net CA & Others - 2.21%

Can I make investments in both the SIP and Lump Sum schemes of Groww Overnight Fund – Direct (IDCW-F)?

Yes, You can select both SIP or Lumpsum investment of Groww Overnight Fund – Direct (IDCW-F) based on your investment objective and risk tolerance.
Invest Now