Shriram Overnight Fund - Direct Monthly 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 4 Oct 2023.
What ₹1 lakh would have become
Based on past returnsThese are calculations from the fund's past prices, not a prediction. Real future returns can and often do differ.
Play with a monthly investment
Slide the amount and switch the duration. Left column uses real past prices. Right column projects forward using this fund's historical rate — a calculation, not a prediction.
Vs 123 other funds in Debt Scheme - Overnight Fund
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.
Year by year
Calendar-year returns. 1 of last 4 years were positive.
Price over time
How the per-unit price has moved. Tap a range to zoom in.
Bumpiness & worst drops
The value swings roughly 2% up or down in a typical year. Finance-speak calls this volatility.
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 Monthly IDCW against other debt funds.
Technical details (for the pros)
Fund info
- Fund house
- Shriram Mutual Fund
- Category
- Debt Scheme - Overnight Fund
- Plan
- Direct
- Option
- IDCW
- ISIN (Growth)
- INF680P01380
- ISIN (Div re-invest)
- INF680P01398
- Fund code
- 150567
- First price on record
- 4 Oct 2023 · 808 daily prices
About Shriram Overnight Fund - Direct Monthly IDCW
Shriram Overnight Fund - Direct Monthly IDCW is a Debt Scheme - Overnight Fund offered by Shriram Mutual Fund under the Direct plan with the IDCW option. It has approximately 3 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 Monthly IDCW is ₹10.0199 (as of 29 May 2026). Historically, it has delivered -0.01% over the last year. Returns are historical and don't predict future performance.
Over the last three years, the fund's prices have moved with 1.5% annualised volatility — a "low" level of bumpiness; its deepest peak-to-trough fall on record was 0.7%. 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 Monthly IDCW?+
The latest NAV of Shriram Overnight Fund - Direct Monthly IDCW is ₹10.0199 as of 29 May 2026, up 0.01% from the previous day. NAV is updated once a business day after the market close.
What are the returns of Shriram Overnight Fund - Direct Monthly IDCW?+
Shriram Overnight Fund - Direct Monthly IDCW has delivered 1-year return -0.01%, since-inception CAGR 0.07%. Returns are historical and don't predict future performance — markets move in cycles.
What category does Shriram Overnight Fund - Direct Monthly IDCW belong to?+
Shriram Overnight Fund - Direct Monthly 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.
How risky is Shriram Overnight Fund - Direct Monthly IDCW?+
Based on its 3-year annualised volatility of 1.5%, Shriram Overnight Fund - Direct Monthly IDCW sits in the "low" risk bucket. Volatility measures how much prices swing — higher means bigger ups and downs along the way.
Is Shriram Overnight Fund - Direct Monthly IDCW a direct plan?+
Shriram Overnight Fund - Direct Monthly 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 Monthly IDCW?+
Shriram Overnight Fund - Direct Monthly IDCW has NAV history available from 4 Oct 2023 — approximately 3 years of track record and 808 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.