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Mutual Funds
Navi Overnight Fund Direct Growth

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Navi Overnight Fund Direct Growth

Navi Overnight Fund Direct Growth

  • Low Risk
  • Money Market
  • Overnight
  • Share
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NAV as on Nov 14, 2024
i
Price per unit of the scheme.
₹ 10.8419 0.00% 1 Day Change
0.45%
Minimum Investment ₹10
Expense Ratio 0.00%

FUND RATING

A holistic measure of the rank of a fund relative to its peers. Top funds receive a score of 5.
*Morningstar Rating Methodologyi

RISK-O-METER

Level of risk associated with a mutual fund to help investors make informed investment decisions
 

FUND PERFORMANCE

(As On --)
Compare fund’s performance against category average across different time periods
1M 3M 6M 1Y 3Y 5Y
-- Out of -- funds in the category
Category Avg Return
--
Fund Return
Returns <= 1 year are absolute and > 1 year are annualised (CAGR)
For calculating Category Return & Scheme Ranking, only Growth & Direct schemes are considered.

FUND COMPARISON

This Fund
Navi Overnight Fund Direct Growth
VS
Money Market: Overnight Average NAV
Topper in Money Market: Overnight
All Fund
*For the other fund, rescaled NAVs are used
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RETURN CALCULATOR

Check the return on your investment in the fund
Navi Overnight Fund Direct Growth
Investment Type
MONTHLY SIP ONE -TIME
Monthly Investment
Time Period (yrs)
Annual Return in %
  • Invested Amount
    ₹0
  • Return
    ₹0
  • Current Value
    ₹0

FUND SUMMARY

Benchmark
CRISIL Liquid Overnight TR INR
Expense Ratio
0.00 %
Category Avg Expense Ratio
0.08%
Minimum Investment (Lumpsum/SIP)
₹10/₹10
Lock In (Years)
No Lock-in
Fund Size
₹ 4.56 Cr(As on Sep, 2024)
Inception Date
Jul 18, 2023
Turnover
0.00 %
Exit Load
Nil

ABOUT THE FUND

Objective: To generate returns by investing in debt and money market instruments with overnight securities having maturity of 1 day. However, there can be no assurance or guarantee that the investment objective of the Scheme will be achieved. The Scheme does not assure or guarantee any returns.

Navi Overnight Fund Direct Growth is an Money Market - Overnight fund. The fund was launched in Jul 18, 2023. Its risk level is Low. The NAV of the fund as on Nov 14, 2024 is ₹10.84. Its expense ratio is 0.00 %. The fund has an AUM of ₹4.56 Cr.The fund is managed by Tanmay Sethi. The minimum initial investment is ₹10 in Lumpsum mode.

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FUND MANAGER

Tanmay Sethi
i
Lead Fund Manager.
Feb 1, 2024- Present
  • Fund Manager Rank -- Out of 28
    i
    Rank measured on the basis of consistent alpha the fund manager delivered in the same category over a period of three years (factors only Direct plan, Growth option)
  • Schemes managed 4
  • Total AUM ₹ 228.68 Cr
  • Highest Return In 1 Yr 11.26 %
Other Funds
  • table
  • card
1M 3M 6M 1Y 3Y 5Y
Fund Name Morningstar Rating NAV Fund Return Category Return Risk Fund Size (Cr)
Navi Liquid Fund Direct Plan Growth Option Navi Liquid Fund Direct Plan Growth Option
--
₹28.04
0.57%
0.46%
Moderate Risk
₹69.83Cr
Navi Regular Savings Fund Direct Plan Growth Option Navi Regular Savings Fund Direct Plan Growth Option
₹31.45
0.61%
-1.28%
Moderately High risk
₹35.76Cr
Navi Equity Hybrid Fund Direct Growth Navi Equity Hybrid Fund Direct Growth
₹21.08
-1.68%
-2.54%
Very High Risk
₹118.53Cr
Fund Name Morningstar Rating NAV Fund Return Category Return Risk Fund Size (Cr)
Navi Liquid Fund Direct Plan Growth Option Navi Liquid Fund Direct Plan Growth Option
--
₹28.04
1.71%
1.39%
Moderate Risk
₹69.83Cr
Navi Regular Savings Fund Direct Plan Growth Option Navi Regular Savings Fund Direct Plan Growth Option
₹31.45
1.21%
0.80%
Moderately High risk
₹35.76Cr
Navi Equity Hybrid Fund Direct Growth Navi Equity Hybrid Fund Direct Growth
₹21.08
-6.70%
-8.30%
Very High Risk
₹118.53Cr
Fund Name Morningstar Rating NAV Fund Return Category Return Risk Fund Size (Cr)
Navi Liquid Fund Direct Plan Growth Option Navi Liquid Fund Direct Plan Growth Option
--
₹28.04
3.46%
2.92%
Moderate Risk
₹69.83Cr
Navi Regular Savings Fund Direct Plan Growth Option Navi Regular Savings Fund Direct Plan Growth Option
₹31.45
4.66%
5.17%
Moderately High risk
₹35.76Cr
Navi Equity Hybrid Fund Direct Growth Navi Equity Hybrid Fund Direct Growth
₹21.08
-8.44%
-9.81%
Very High Risk
₹118.53Cr
Fund Name Morningstar Rating NAV Fund Return Category Return Risk Fund Size (Cr)
Navi Liquid Fund Direct Plan Growth Option Navi Liquid Fund Direct Plan Growth Option
₹28.04
7.02%
6.66%
Moderate Risk
₹69.83Cr
Navi Regular Savings Fund Direct Plan Growth Option Navi Regular Savings Fund Direct Plan Growth Option
₹31.45
11.26%
12.46%
Moderately High risk
₹35.76Cr
Navi Equity Hybrid Fund Direct Growth Navi Equity Hybrid Fund Direct Growth
₹21.08
5.35%
4.10%
Very High Risk
₹118.53Cr
Fund Name Morningstar Rating NAV Fund Return Category Return Risk Fund Size (Cr)
Navi Liquid Fund Direct Plan Growth Option Navi Liquid Fund Direct Plan Growth Option
--
₹28.04
6.46%
6.24%
Moderate Risk
₹69.83Cr
Navi Regular Savings Fund Direct Plan Growth Option Navi Regular Savings Fund Direct Plan Growth Option
₹31.45
7.22%
8.01%
Moderately High risk
₹35.76Cr
Navi Equity Hybrid Fund Direct Growth Navi Equity Hybrid Fund Direct Growth
₹21.08
12.81%
12.62%
Very High Risk
₹118.53Cr
Fund Name Morningstar Rating NAV Fund Return Category Return Risk Fund Size (Cr)
Navi Liquid Fund Direct Plan Growth Option Navi Liquid Fund Direct Plan Growth Option
--
₹28.04
5.28%
5.04%
Moderate Risk
₹69.83Cr
Navi Regular Savings Fund Direct Plan Growth Option Navi Regular Savings Fund Direct Plan Growth Option
₹31.45
7.59%
8.86%
Moderately High risk
₹35.76Cr
Navi Equity Hybrid Fund Direct Growth Navi Equity Hybrid Fund Direct Growth
₹21.08
13.20%
15.04%
Very High Risk
₹118.53Cr
1M 3M 6M 1Y 3Y 5Y
Navi Liquid Fund Direct Plan Growth Option Navi Liquid Fund Direct Plan Growth Option
Moderate Risk --
  • NAV ₹28.04
  • Fund Size ₹69.83Cr
Fund Return 0.57%
Category Return 0.46%
Navi Regular Savings Fund Direct Plan Growth Option Navi Regular Savings Fund Direct Plan Growth Option
Moderately High risk
  • NAV ₹31.45
  • Fund Size ₹35.76Cr
Fund Return -0.61%
Category Return -1.28%
Navi Equity Hybrid Fund Direct Growth Navi Equity Hybrid Fund Direct Growth
Very High Risk
  • NAV ₹21.08
  • Fund Size ₹118.53Cr
Fund Return -1.68%
Category Return -2.54%
Navi Liquid Fund Direct Plan Growth Option Navi Liquid Fund Direct Plan Growth Option
Moderate Risk --
  • NAV ₹28.04
  • Fund Size ₹69.83Cr
Fund Return 1.71%
Category Return 1.39%
Navi Regular Savings Fund Direct Plan Growth Option Navi Regular Savings Fund Direct Plan Growth Option
Moderately High risk
  • NAV ₹31.45
  • Fund Size ₹35.76Cr
Fund Return 1.21%
Category Return 0.80%
Navi Equity Hybrid Fund Direct Growth Navi Equity Hybrid Fund Direct Growth
Very High Risk
  • NAV ₹21.08
  • Fund Size ₹118.53Cr
Fund Return -6.70%
Category Return -8.30%
Navi Liquid Fund Direct Plan Growth Option Navi Liquid Fund Direct Plan Growth Option
Moderate Risk --
  • NAV ₹28.04
  • Fund Size ₹69.83Cr
Fund Return 3.46%
Category Return 2.92%
Navi Regular Savings Fund Direct Plan Growth Option Navi Regular Savings Fund Direct Plan Growth Option
Moderately High risk
  • NAV ₹31.45
  • Fund Size ₹35.76Cr
Fund Return 4.66%
Category Return 5.17%
Navi Equity Hybrid Fund Direct Growth Navi Equity Hybrid Fund Direct Growth
Very High Risk
  • NAV ₹21.08
  • Fund Size ₹118.53Cr
Fund Return -8.44%
Category Return -9.81%
Navi Liquid Fund Direct Plan Growth Option Navi Liquid Fund Direct Plan Growth Option
Moderate Risk --
  • NAV ₹28.04
  • Fund Size ₹69.83Cr
Fund Return 7.02%
Category Return 6.66%
Navi Regular Savings Fund Direct Plan Growth Option Navi Regular Savings Fund Direct Plan Growth Option
Moderately High risk
  • NAV ₹31.45
  • Fund Size ₹35.76Cr
Fund Return 11.26%
Category Return 12.46%
Navi Equity Hybrid Fund Direct Growth Navi Equity Hybrid Fund Direct Growth
Very High Risk
  • NAV ₹21.08
  • Fund Size ₹118.53Cr
Fund Return 5.35%
Category Return 4.10%
Navi Liquid Fund Direct Plan Growth Option Navi Liquid Fund Direct Plan Growth Option
Moderate Risk --
  • NAV ₹28.04
  • Fund Size ₹69.83Cr
Fund Return 6.46%
Category Return 6.24%
Navi Regular Savings Fund Direct Plan Growth Option Navi Regular Savings Fund Direct Plan Growth Option
Moderately High risk
  • NAV ₹31.45
  • Fund Size ₹35.76Cr
Fund Return 7.22%
Category Return 8.01%
Navi Equity Hybrid Fund Direct Growth Navi Equity Hybrid Fund Direct Growth
Very High Risk
  • NAV ₹21.08
  • Fund Size ₹118.53Cr
Fund Return 12.81%
Category Return 12.62%
Navi Liquid Fund Direct Plan Growth Option Navi Liquid Fund Direct Plan Growth Option
Moderate Risk --
  • NAV ₹28.04
  • Fund Size ₹69.83Cr
Fund Return 5.28%
Category Return 5.04%
Navi Regular Savings Fund Direct Plan Growth Option Navi Regular Savings Fund Direct Plan Growth Option
Moderately High risk
  • NAV ₹31.45
  • Fund Size ₹35.76Cr
Fund Return 7.59%
Category Return 8.86%
Navi Equity Hybrid Fund Direct Growth Navi Equity Hybrid Fund Direct Growth
Very High Risk
  • NAV ₹21.08
  • Fund Size ₹118.53Cr
Fund Return 13.20%
Category Return 15.04%
Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

DETAILED PORTFOLIO

As on Oct 2024
EQUITY (0.00%)
DEBT (0.00%)
CASH (100.00%)
Allocation by Market Cap

PERFORMANCE MEASURES

Fund evaluation across critical parameters for better decision making. Study period is 3 years.
  • Consistency
    i
    It represents the consistency of a fund in beating its benchmark.
    --
  • Downside Risk
    i
    Measured by Maximum Drawdown which shows the maximum loss from a peak to a nadir over a specified time period
    --
  • Risk Adjusted Return
    i
    Risk adjusted return represents the return generated after factoring the risk taken to achieve it.
    --
  • Volatility
    i
    Volatility represents the standard deviation of fund returns that is, how much the fund returns have deviated from the average.
    --
  • Upside Capture Ratio
    i
    Fund performance relative to the index when the market is up. An upside capture ratio of >100 indicates better fund performance.
    --
  • Downside Capture Ratio
    i
    Fund performance relative to the index when the market is down. A downside capture ratio of <100 indicates better fund performance.
    --

HISTORICAL RISK MEASURES

Statistical measures to evaluate mutual fund risk. All ratios are calculated for a three-year time duration.
  • Alpha: Excess return of the fund over benchmark
    i
    Any Alpha above zero is considered good. However, for comparison, a fund with a higher Alpha is considered better. Alpha is normally used in conjunction with Beta. If the Beta is high, it implies that the fund manager took a high risk to generate Alpha.
    --
    This Fund
    VS
    --
    Category Avg
  • Beta: Risk of the fund in relation to benchmark
    i
    Beta >1 indicates that the fund is more volatile than its benchmark while Beta < 1 indicates that the fund is less volatile than its benchmark. The Beta of the benchmark is equal to 1.
    --
    This Fund
    VS
    --
    Category Avg
  • Sortino Ratio: Return per unit of bad risk
    i
    A variation of Sharpe ratio, Sortino considers only the downside risk. Unlike Sharpe ratio which considers both good risk and bad risk, Sortino factors only the bad risk. A high Sortino ratio indicates better return for each unit of downside risk.
    --
    This Fund
    VS
    --
    Category Avg
  • R-Squared: How well the fund tracks benchmark
    i
    R-Squared measures the correlation of fund returns and its benchmark returns. It varies between 0 and 1. The metric, Beta makes no sense if R-Squared is equal to zero. Thus, both Beta and R-Squared should be used in conjunction. A fund with a high R-Squared and low Beta is considered a less risky fund.
    --
    This Fund
    VS
    --
    Category Avg
  • Sharpe Ratio: Risk adjusted return of the fund
    i
    Sharpe Ratio is a measure of return per unit of risk. A higher Sharpe ratio indicates better risk adjusted return given by the fund.
    --
    This Fund
    VS
    --
    Category Avg
  • Standard Devation: Volatility of the fund
    i
    Standard deviation is a measure of dispersion of fund returns from its average return. A fund with a higher Standard deviation is more volatile than a fund with a low standard deviation.
    --
    This Fund
    VS
    --
    Category Avg
Benchmark used in calculation : --

PEER ANALYSIS

1M 3M 6M 1Y 3Y 5Y
  • table
  • card
Fund Name Morningstar Rating NAV Fund Return Category Return Risk Fund Size (Cr)
Axis Overnight Fund Direct Growth Axis Overnight Fund Direct Growth
--
₹1,343.61
0.54%
--
Low Risk
₹8,869.30 Cr
Bank of India Overnight Fund Direct Growth Bank of India Overnight Fund Direct Growth
--
₹1,288.27
0.54%
--
Low Risk
₹138.92 Cr
Aditya Birla Sun Life Overnight Direct Growth Aditya Birla Sun Life Overnight Direct Growth
--
₹1,373.48
0.54%
--
Low Risk
₹8,032.49 Cr
Tata Overnight Fund Direct Growth Tata Overnight Fund Direct Growth
--
₹1,339.94
0.54%
--
Low Risk
₹3,299.31 Cr
Nippon India Overnight Fund Direct Growth Nippon India Overnight Fund Direct Growth
--
₹136.37
0.54%
--
Low Risk
₹6,970.38 Cr
Bajaj Finserv Overnight Fund Direct Growth Bajaj Finserv Overnight Fund Direct Growth
--
₹1,113.63
0.54%
--
Low Risk
₹342.28 Cr
Axis Overnight Fund Direct Growth Axis Overnight Fund Direct Growth
LOW RISK --
  • NAV ₹1,343.61
  • Fund Size ₹8,869.30 Cr
Fund Return 0.54%
Category Return --
Bank of India Overnight Fund Direct Growth Bank of India Overnight Fund Direct Growth
LOW RISK --
  • NAV ₹1,288.27
  • Fund Size ₹138.92 Cr
Fund Return 0.54%
Category Return --
Aditya Birla Sun Life Overnight Direct Growth Aditya Birla Sun Life Overnight Direct Growth
LOW RISK --
  • NAV ₹1,373.48
  • Fund Size ₹8,032.49 Cr
Fund Return 0.54%
Category Return --
Tata Overnight Fund Direct Growth Tata Overnight Fund Direct Growth
LOW RISK --
  • NAV ₹1,339.94
  • Fund Size ₹3,299.31 Cr
Fund Return 0.54%
Category Return --
Nippon India Overnight Fund Direct Growth Nippon India Overnight Fund Direct Growth
LOW RISK --
  • NAV ₹136.37
  • Fund Size ₹6,970.38 Cr
Fund Return 0.54%
Category Return --
Bajaj Finserv Overnight Fund Direct Growth Bajaj Finserv Overnight Fund Direct Growth
LOW RISK --
  • NAV ₹1,113.63
  • Fund Size ₹342.28 Cr
Fund Return 0.54%
Category Return --
Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

Top funds from this amc

1M 3M 6M 1Y 3Y 5Y
  • table
  • card
Fund Name Morningstar Rating NAV Fund Return Category Return Risk Fund Size (Cr)
Navi Nifty Bank Index Fund Direct Growth Navi Nifty Bank Index Fund Direct Growth
--
₹12.74
1.39%
--
Very High Risk
₹519.74 Cr
Navi Liquid Fund Direct Plan Growth Option Navi Liquid Fund Direct Plan Growth Option
--
₹28.04
0.57%
0.46%
Moderate Risk
₹69.83 Cr
Navi Overnight Fund Direct Growth Navi Overnight Fund Direct Growth
--
₹10.84
0.45%
--
Low Risk
₹4.56 Cr
Navi Regular Savings Fund Direct Plan Growth Option Navi Regular Savings Fund Direct Plan Growth Option
₹31.45
0.61%
-1.28%
Moderately High risk
₹35.76 Cr
Navi ELSS Tax Saver Nifty 50 Index Fund Direct Growth Navi ELSS Tax Saver Nifty 50 Index Fund Direct Growth
--
₹13.51
-1.11%
-3.29%
Very High Risk
₹79.37 Cr
Navi Nifty 50 Index Fund Direct Growth Navi Nifty 50 Index Fund Direct Growth
--
₹14.64
-1.11%
--
Very High Risk
₹2,685.55 Cr
Navi Nifty Bank Index Fund Direct Growth Navi Nifty Bank Index Fund Direct Growth
VERY HIGH RISK --
  • NAV ₹12.74
  • Fund Size ₹519.74 Cr
Fund Return 1.39%
Category Return --
Navi Liquid Fund Direct Plan Growth Option Navi Liquid Fund Direct Plan Growth Option
MODERATE RISK --
  • NAV ₹28.04
  • Fund Size ₹69.83 Cr
Fund Return 0.57%
Category Return 0.46%
Navi Overnight Fund Direct Growth Navi Overnight Fund Direct Growth
LOW RISK --
  • NAV ₹10.84
  • Fund Size ₹4.56 Cr
Fund Return 0.45%
Category Return --
Navi Regular Savings Fund Direct Plan Growth Option Navi Regular Savings Fund Direct Plan Growth Option
MODERATELY HIGH RISK
  • NAV ₹31.45
  • Fund Size ₹35.76 Cr
Fund Return -0.61%
Category Return -1.28%
Navi ELSS Tax Saver Nifty 50 Index Fund Direct Growth Navi ELSS Tax Saver Nifty 50 Index Fund Direct Growth
VERY HIGH RISK --
  • NAV ₹13.51
  • Fund Size ₹79.37 Cr
Fund Return -1.11%
Category Return -3.29%
Navi Nifty 50 Index Fund Direct Growth Navi Nifty 50 Index Fund Direct Growth
VERY HIGH RISK --
  • NAV ₹14.64
  • Fund Size ₹2,685.55 Cr
Fund Return -1.11%
Category Return --
Returns <= 1 year are absolute and > 1 year are annualised (CAGR)

ABOUT THE AMC

Navi AMC Limited
Navi AMC Limited manages assets worth ₹ 7,728.23 crores. It’s current offering of mutual fund schemes includes 16 equity, 2 hybrid schemes.
Phone
033-40185000/022-40635000
Email
mf@navi.com
AUM
₹ 7,728.23 Cr (
As on Jan 2025
)
Address
3rd Floor, ,Kolkata ,700 069

FAQ’S

What is the category of Navi Overnight Fund Direct Growth ?
The category of Navi Overnight Fund Direct Growth is Money Market - Overnight
What is the current NAV of Navi Overnight Fund Direct Growth ?
The current NAV of Navi Overnight Fund Direct Growth (as on Nov 14, 2024) is ₹ 10.84
How safe is Navi Overnight Fund Direct Growth?
The risk level of Navi Overnight Fund Direct Growth is Low .
What are short term returns given by Navi Overnight Fund Direct Growth?
The return given by Navi Overnight Fund Direct Growth in 1 month is 0.45%, 3 months is 1.39%, 6 months is 2.85%, and 1 year is 6.16%.
What are the long term returns given by Navi Overnight Fund Direct Growth?
The return given by Navi Overnight Fund Direct Growth in 3 years is -- and 5 years is --.
What is the expense ratio of Navi Overnight Fund Direct Growth?
The expense ratio of Navi Overnight Fund Direct Growth is -- %
What is the AUM of Navi Overnight Fund Direct Growth
The assets under Management (AUM) of Navi Overnight Fund Direct Growth is Rs 4.56 crores.
What is the minimum investment in Navi Overnight Fund Direct Growth?
The minimum Lumpsum investment in Navi Overnight Fund Direct Growth is ₹10 and the minimum SIP investment in Navi Overnight Fund Direct Growth is ₹10
What is the asset allocation of Navi Overnight Fund Direct Growth?
The Navi Overnight Fund Direct Growth has an exposure of and 100.00% in Cash & Money Market Securities

CALCULATORS

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