MF Gyan
debtUnknown risk4 years old

Shriram Overnight Fund - Direct Fortnightly IDCW

Invests in bonds and loans. Lower returns than equity but much less bumpy — often used for shorter goals. From Shriram Mutual Fund. It's been running since 5 Sep 2022.

Latest price per unit
₹10.0046
▲ 0.01% today
As of 22 Sep 2022 · updated once each business day
Not enough price history yet to tell the money story.
How it compares to peers

Vs 123 other funds in Debt Scheme - Overnight Fund

Same plan
Worst-ever drop
-0.44%median -0.06% (-0.38%)
Rank #36 of 124Less risky than 72% of peers

Descriptive rankings within the same category and plan. Not a recommendation — one fund beating another historically does not mean it will continue to do so.

Price over time

How the per-unit price has moved. Tap a range to zoom in.

Bumpiness & worst drops

Day-to-day bumpiness
—

Not enough history to measure.

Worst drop ever
-0.44%

A lump sum invested at the previous peak would have temporarily lost about this much before recovering. Finance-speak calls this max drawdown.

Similar funds you might want to look at

Same category, same plan, sorted by 3-year return. Not recommendations — just neighbours.

Head-to-head comparisons

Side-by-side comparisons of Shriram Overnight Fund - Direct Fortnightly IDCW against other debt funds.

Technical details (for the pros)
CAGR — 1 year—
CAGR — 3 years—
CAGR — 5 years—
CAGR — since launch-4.43%
Volatility — 1 year (annualised)—
Volatility — 3 years (annualised)—
Max drawdown — 1 year-0.44%
Max drawdown — 3 years-0.44%
Sharpe ratio — 1 year (rf=6%)—
Sharpe ratio — 3 years (rf=6%)—

Fund info

Fund house
Shriram Mutual Fund
Category
Debt Scheme - Overnight Fund
Plan
Direct
Option
IDCW
ISIN (Growth)
—
ISIN (Div re-invest)
—
Fund code
150564
First price on record
5 Sep 2022 · 16 daily prices

About Shriram Overnight Fund - Direct Fortnightly IDCW

Shriram Overnight Fund - Direct Fortnightly IDCW is a Debt Scheme - Overnight Fund offered by Shriram Mutual Fund under the Direct plan with the IDCW option. It has approximately 4 years of NAV track record. The fund falls in the debt category — Invests in bonds and loans. Lower returns than equity but much less bumpy — often used for shorter goals.

The current NAV of Shriram Overnight Fund - Direct Fortnightly IDCW is ₹10.0046 (as of 22 Sep 2022). Returns are historical and don't predict future performance.

its deepest peak-to-trough fall on record was 0.4%. Being mentally prepared for drawdowns of this size is what separates long-term investors from reactive traders.

Frequently asked

What is the latest NAV of Shriram Overnight Fund - Direct Fortnightly IDCW?+

The latest NAV of Shriram Overnight Fund - Direct Fortnightly IDCW is ₹10.0046 as of 22 Sep 2022, up 0.01% from the previous day. NAV is updated once a business day after the market close.

What category does Shriram Overnight Fund - Direct Fortnightly IDCW belong to?+

Shriram Overnight Fund - Direct Fortnightly IDCW is categorised as Debt Scheme - Overnight Fund. Invests in bonds and loans. Lower returns than equity but much less bumpy — often used for shorter goals.

Is Shriram Overnight Fund - Direct Fortnightly IDCW a direct plan?+

Shriram Overnight Fund - Direct Fortnightly IDCW is a Direct plan (no distributor commission — lower expense ratio) with the IDCW option (periodic distributions, taxable at your slab rate).

How old is Shriram Overnight Fund - Direct Fortnightly IDCW?+

Shriram Overnight Fund - Direct Fortnightly IDCW has NAV history available from 5 Sep 2022 — approximately 4 years of track record and 16 daily NAV observations.

Numbers are computed from stored daily prices from mfapi.in/AMFI. This is descriptive analytics, not investment advice. Past performance is not indicative of future returns.